Company News
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Idox describes strong first half in tougher market
Thursday 18 May 2023
(Sharecast News) - Information management software specialist Idox reported a strong first-half performance in a trading update on Thursday, with year-on-year adjusted EBITDA growth of about 10%. Read More
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FD Technologies inks partnership with Amazon Web Services
Thursday 18 May 2023
(Sharecast News) - FD Technologies announced a new partnership between its subsidiary KX and Amazon Web Services (AWS) on Thursday, to introduce 'kdb Insights' as a fully-managed cloud-native service ... Read More
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IDS pushed into the red after Royal Mail loses £1bn
Thursday 18 May 2023
(Sharecast News) - UK postal carrier Royal Mail swung to a massive £1bn annual loss, pushing parent company International Distributions Services into the red after a bruising year-long battle with uni... Read More
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Topps Tiles appoints Paul Forman as chair designate
Thursday 18 May 2023
(Sharecast News) - Tile specialist Topps Tiles said on Thursday that it has appointed Paul Forman as an independent non-executive director and chair designate. Read More
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Walmart tops expectations in strong first-quarter earnings
Thursday 18 May 2023
(Sharecast News) - Retail giant Walmart reported robust revenue and operating income growth in its first-quarter earnings on Thursday, topping market expectations. Read More
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Deutsche Bank to pay $75m to settle Epstein lawsuit
Thursday 18 May 2023
(Sharecast News) - Deutsche Bank has agreed to pay up to $75m to settle a lawsuit alleging the lender helped facilitate human trafficking by convicted sex offender Jeffrey Epstein by retaining him as ... Read More
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Speedy Hire says no fraud in £20m 'missing' equipment mystery
Thursday 18 May 2023
(Sharecast News) - UK tools and equipment company Speedy Hire said a probe into £20m of missing equipment found no evidence of fraud, but discovered problems with control and accounting procedures. Read More
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Petrofac surges on $1.5bn contract award
Thursday 18 May 2023
(Sharecast News) - Petrofac surged on Thursday after it said that its joint venture with China Huanqiu Contracting & Engineering Corporation (HQC) has been awarded an engineering, procurement and cons... Read More
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Vesuvius maintains guidance after positive first quarter
Thursday 18 May 2023
(Sharecast News) - Molten metal flow engineering specialist Vesuvius reported a robust first-quarter performance in an update on Thursday, which it put down to better volume and pricing in both its st... Read More
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Investec reports strong year despite challenging backdrop
Thursday 18 May 2023
(Sharecast News) - Investec released its final results on Thursday, reporting that despite a challenging macroeconomic backdrop, it achieved a strong financial performance. Read More
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Good Energy and Ovo ordered to pay £4m after overcharging customers
Thursday 18 May 2023
(Sharecast News) - Ofgem has ordered Good Energy Group and Ovo Energy to pay a total of £4m after the two suppliers overcharged customers. Read More
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Apple supplier IQE slides after discounted placing
Thursday 18 May 2023
(Sharecast News) - Apple supplier IQE tumbled on Thursday after saying it had raised around £30m in a discounted share placing. Read More
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Tyman sees FY profit in line with market expectations
Thursday 18 May 2023
(Sharecast News) - Tyman said on Thursday that full-year profits were set to be in line with market expectations against "a continued challenging demand environment", as pricing actions have helped th... Read More
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Informa expands foodservice capacity with $380m Winsight acquisition
Thursday 18 May 2023
(Sharecast News) - Business information and events company Informa announced its acquisition of Winsight for $380m on Thursday. Read More
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Future warns of 'challenging' market conditions, shares tumble
Thursday 18 May 2023
(Sharecast News) - Shares in Future tumbled on Thursday after the media group lowered its full-year expectations on the back of 'challenging' market conditions. Read More
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National Grid reports strong year but warns of lower EPS
Thursday 18 May 2023
(Sharecast News) - National Grid reported a positive full-year financial performance on Thursday, but warned of lower earnings going forward as a result of regulatory changes in the UK. Read More
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Genuit shares spike on improved earnings guidance
Thursday 18 May 2023
(Sharecast News) - Shares in Genuit Group spiked almost 8% on Thursday as the plastic pipe and ventilation products maker said annual earnings would be slightly ahead of consensus. Read More
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Redde Northgate buys FridgeXpress, on track to meet FY expectations
Thursday 18 May 2023
(Sharecast News) - Redde Northgate said on Thursday that its full-year performance was set to be in line with the upgraded expectations set out in April, as it announced the acquisition of FridgeXpres... Read More
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Convatec boosts full-year guidance, shares jump
Thursday 18 May 2023
(Sharecast News) - Convatec Group boosted full-year revenue guidance on Thursday, following a strong start to the year. Read More
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EasyJet confident about summer as H1 losses narrow
Thursday 18 May 2023
(Sharecast News) - Budget airline easyJet expressed confidence about the summer season on Thursday as it reported a narrowing of its first-half losses, in line with its guidance. Read More
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