Company News
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Trainline sees return to profit as ticket sales move online
Monday 27 Jun 2022
(Sharecast News) - Trainline predicted a return to profit in the first half of the year as ticket sales recovered from the damage inflicted early in the pandemic. Read More
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FCA to scrap permissions faster in war on scams
Monday 27 Jun 2022
(Sharecast News) - The Financial Conduct Authority said it speed up the removal of unused permissions from financial firms as the regulator seeks to clamp down on scams. Read More
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EasyJet to raise £1.2bn after rejecting Wizz approach
Monday 27 Jun 2022
(Sharecast News) - EasyJet said it would raise £1.2bn in a rights issue to strengthen its balance sheet after rejecting a takeover approach reported to be from Wizz Air. Read More
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EU officials raise doubts about Nvidia's Arm deal - report
Monday 27 Jun 2022
(Sharecast News) - Nvidia's $54bn purchase of Arm faces fresh opposition from EU officials after the UK's competition regulator raised concerns about the deal, according to a report. Read More
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Primary Health buys Cardiff medical centre for £4.5m
Monday 27 Jun 2022
(Sharecast News) - Primary Health Properties has bought a medical centre in Cardiff for £4.5m to add to its portfolio. Read More
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Medica shares rise after company sets targets
Monday 27 Jun 2022
(Sharecast News) - Medica shares rose after the teleradiology group set out financial targets in a presentation to investors. Read More
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UK retail sales growth slows as demand subsides
Monday 27 Jun 2022
(Sharecast News) - UK retail sales growth slowed in August as demand unleashed after the end of lockdowns began to fizzle out, industry figures showed. Read More
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Germany probes Allianz over US fund losses - report
Monday 27 Jun 2022
(Sharecast News) - Germany's financial regulator is investigating Allianz over billions of dollars of losses at some of the group's US investment funds, according to a report. Read More
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888 wins William Hill bid battle - report
Monday 27 Jun 2022
(Sharecast News) - 888 Holdings has won the contest to buy William Hill's European operations by outgunning private equity rivals with a bid estimated at more than £2bn, according to a report. Read More
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Sweden's Sobi accepts $8bn private equity offer
Monday 27 Jun 2022
(Sharecast News) - Swedish Orphan Biovitrum (Sobi) has recommended a cash offer from Advent International and Aurora Investment valuing the rare disease drug company at SEK 69.4bn ($8bn) in the latest... Read More
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Tuesday preview: NATO summit, US home price data in focus
Monday 27 Jun 2022
(Sharecast News) - Investors' focus on Tuesday will be on the start of the NATO summit in Madrid and the associated news-flow coming out of the Spanish capital. Read More
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Centrica pulls out of Bulb auction - FT
Monday 27 Jun 2022
(Sharecast News) - British Gas owner Centrica has pulled out of the auction for failed energy provider Bulb, leaving the UK government struggling to achieve a competitive bidding process, the Financia... Read More
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Polar Capital ups dividend despite profit dip
Monday 27 Jun 2022
(Sharecast News) - Polar Capital Holdings has upped its dividend payout despite a fall in full-year profits, the boutique asset manager confirmed on Monday. Read More
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Kefi Gold denies it has lost key licence
Monday 27 Jun 2022
(Sharecast News) - Kefi Gold and Copper has dismissed media reports claiming it has lost its Tulu Kapi licence in western Ethiopia. Read More
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Evergrande faces winding up petition in Hong Kong
Monday 27 Jun 2022
(Sharecast News) - A winding up petition has been filed against China Evergrande Group, the embattled Chinese property developer. Read More
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M&S lifts guidance again as interims beat expectations
Monday 27 Jun 2022
(Sharecast News) - Food and clothing retailer Marks & Spencer lifted annual guidance for the second time in three months as interim earnings rose above pre-pandemic levels. Read More
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M&S blames Brexit for French store closures
Monday 27 Jun 2022
(Sharecast News) - Marks & Spencer has blamed Brexit for its decision to close 11 high street food stores in France and leave many Parisians without their favourite sandwiches. Read More
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Cake Box full-year profits, revenue surge
Monday 27 Jun 2022
(Sharecast News) - Specialist cream cakes retailer Cake Box posted a jump in full-year profit and revenue on Monday despite an increasingly challenging environment. Read More
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CareTech to be taken over in £870m deal
Monday 27 Jun 2022
(Sharecast News) - AIM-listed residential social care provider CareTech said on Monday that it has agreed to be taken over by a consortium led by its co-founders for £870.3m. Read More
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Retail footfall hit by rail strikes
Monday 27 Jun 2022
(Sharecast News) - Retail footfall fell last week, industry data showed on Monday, hit by the widespread travel disruption. Read More
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