Company News
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Jane Street files suit over LME nickel trading crisis
Tuesday 07 Jun 2022
(Sharecast News) - Another US financial conglomerate has sued the London Metal Exchange over the nickel trading crisis, it emerged on Tuesday, with Jane Street making the latest legal claim against th... Read More
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UK service sector under pressure as inflation surges
Tuesday 07 Jun 2022
(Sharecast News) - UK business growth slowed sharply in May, a closely-watched survey showed on Tuesday, as surging inflation hit home. Read More
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National Express expects profitability to lag recovery in revenues
Tuesday 07 Jun 2022
(Sharecast News) - National Express reinstated its short-term guidance following the improvement seen in various of its end markets, but said that short-term profitability would lag sales growth. Read More
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Kohl's in exclusive talks with Franchise Group over $8bn deal
Tuesday 07 Jun 2022
(Sharecast News) - Kohl's confirmed on Tuesday that it is in exclusive negotiations with retail holding company Franchise Group (FRG) about a possible takeover that would value the US department store... Read More
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Photo-Me confident amid 'stronger than ever' demand
Tuesday 07 Jun 2022
(Sharecast News) - Photo booth and instant vending operator Photo-Me International said in an update on Tuesday that it had performed "above expectations" in the first half of its financial year. Read More
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LXi REIT pleased with full-year performance
Tuesday 07 Jun 2022
(Sharecast News) - LXi REIT reported a 13.4% improvement in EPRA net tangible assets per share in its full-year results on Tuesday, to 142.6p, with growth primarily driven by like-for-like portfolio v... Read More
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Ted Baker's preferred suitor walks away, shares tumble
Tuesday 07 Jun 2022
(Sharecast News) - Ted Baker's preferred bidder has pulled out of takeover talks, sending shares in the fashion retailer tumbling. Read More
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JD Sports, Elite and Rangers fixed replica kit prices, regulator rules
Tuesday 07 Jun 2022
(Sharecast News) - JD Sports Fashion, Elite Sports and Rangers Football Club conspired to illegally fix the price of replica kits at the expense of fans, the competition regulator ruled on Tuesday. Read More
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Big Yellow gets 'green light' to develop nine industrial sites
Tuesday 07 Jun 2022
(Sharecast News) - Self-storage outfit Big Yellow got the 'green light' to develop nine industrial units with a total space of 99,000 square feet. Read More
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Capita secures £94m contract extension with NHS
Tuesday 07 Jun 2022
(Sharecast News) - Outsourcer Capita said on Tuesday that it has secured a £94m, three-year extension with NHS England and NHS Improvement (NHSEI) to continue to fulfil the Primary Care Support Englan... Read More
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PWC fined £5m for Galliford Try, Kier audit failures
Tuesday 07 Jun 2022
(Sharecast News) - UK accountant PWC has been fined around £5m by the industry regulator as part of a probe into its audit failures at builders Kier and Galliford Try. Read More
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Sirius Real Estate to lift full-year dividend
Tuesday 07 Jun 2022
(Sharecast News) - Sirius Real Estate said on Tuesday that it expects to lifts its total dividend for the year to the end of March by between 15.5% and 16.5% on the year. Read More
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Funds advised by Apax to buy Norway's EcoOnline
Tuesday 07 Jun 2022
(Sharecast News) - Funds advised by Apax Global Alpha have agreed to buy Norway's EcoOnline for €12.3m, the company said on Tuesday. Read More
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Biffa receives £1.36bn takeover offer
Tuesday 07 Jun 2022
(Sharecast News) - Waste management specialist Biffa said on Tuesday that it has given the green light to a proposed takeover approach worth more than £1bn. Read More
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Tuesday preview: Leadership vote, British American Tobacco in the spotlight
Monday 06 Jun 2022
(Sharecast News) - All eyes on Tuesday will be on the result of the no-confidence vote against Prime Minister Boris Johnson. Read More
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Director dealings: Nine Pure Gold board members buy shares
Monday 06 Jun 2022
(Sharecast News) - Pure Gold Mining had a number of entries on the list of buys on Monday, after it disclosed purchases made by nine of its directors. Read More
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New Look CEO Nigel Oddy to step down
Monday 06 Jun 2022
(Sharecast News) - Fashion retailer New Look said on Monday that chief executive officer Nigel Oddy has decided to step down. Read More
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Grubhub founder considered buying back company from Just Eat - report
Monday 06 Jun 2022
(Sharecast News) - Just Eat Takeaway shares surged on Monday as it emerged the founder of Grubhub had teamed up with US private equity firm General Atlantic in an attempt to buy back the company he so... Read More
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China to conclude Didi probe, lift ban on new users - report
Monday 06 Jun 2022
(Sharecast News) - Chinese regulators are reportedly concluding year-long probes into Chinese ride-hailing company Didi and two other US-listed tech firms, preparing as early as this week to lift a ba... Read More
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M&C Saatchi removes Vin Murria from board
Monday 06 Jun 2022
(Sharecast News) - UK ad agency M&C Saatchi on Monday removed Vin Murria, its largest shareholder, from its board, the company said, after rebuffing his bid to take over the company. Read More
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