Company News
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Ofcom to probe Royal Mail over delivery target failures
Tuesday 31 May 2022
(Sharecast News) - Communications watchdog Ofcom has launched an investigation into postal service and courier company Royal Mail's failure to meet its delivery targets over the last twelve months. Read More
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Director dealings: Finance chiefs buy shares at Eden Research, Seen
Tuesday 31 May 2022
(Sharecast News) - Eden Research was among the companies disclosing a director purchase on Tuesday, after its chief financial officer spent just under £15k on shares. Read More
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B&M Value Retail warns on profits as cost-of-living crisis hits margins
Tuesday 31 May 2022
(Sharecast News) - B&M Value Retail on Tuesday warned of a hit to profits as Britain's cost-of-living crisis hit household budgets and announced chief financial officer Alex Russo as a replacement for... Read More
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ECR Minerals promotes non-exec Adam Jones to technical director
Tuesday 31 May 2022
(Sharecast News) - Australia-focussed gold explorer and developer ECR Minerals announced on Tuesday that non-executive director Adam Jones would become an executive director with immediate effect in t... Read More
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eEnergy increases ownership of smart metering platform to 85.5pc
Tuesday 31 May 2022
(Sharecast News) - Digital energy services company eEnergy has increased its ownership in its 'MY ZeERO' smart metering and analytics platform to 85.5%, it announced on Tuesday, from 51%. Read More
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Edenville terminates mining deal with Nextgen at Rukwa
Tuesday 31 May 2022
(Sharecast News) - Edenville Energy updated the market on the operation of its Rukwa coal project in Tanzania on Tuesday, announcing the termination of its coal mining agreement with Nextgen. Read More
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CPP Group trims earnings expectations despite renewing contract
Tuesday 31 May 2022
(Sharecast News) - Insurance and assistance technology company CPP Group updated the market on its trading on Tuesday, confirming that it had successfully negotiated its previously-reported contract e... Read More
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Camellia hikes dividend after year of 'challenges'
Tuesday 31 May 2022
(Sharecast News) - Tea-focussed agriculture company Camellia reported revenue of £277.2m in its final results for 2021 on Tuesday, down from £291.2m year-on-year, as its average tea selling price was ... Read More
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Losses stable as Borders & Southern progresses development
Tuesday 31 May 2022
(Sharecast News) - Offshore Falkland Islands-focussed oil and gas explorer Borders & Southern reported an operating loss of $1m (£0.79m) in its audited 2021 results on Tuesday, in line with the loss i... Read More
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GYG maintains strong order book amid industry pressures
Tuesday 31 May 2022
(Sharecast News) - Superyacht supplier and service provider GYG said in an update on Tuesday that trading in the first quarter was "strong", and in line with its forecasts. Read More
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Billington trading well despite macro headwinds
Tuesday 31 May 2022
(Sharecast News) - Structural steel and construction safety specialist Billington said in an update on Tuesday that, after a "year of partial recovery" in 2021, the new year had started positively for... Read More
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Greatland Gold kicks off new exploration at Juri joint venture
Tuesday 31 May 2022
(Sharecast News) - Precious and base metals explorer and developer Greatland Gold announced the start of the 2022 exploration programme under the Juri joint venture with its partner Newcrest Mining on... Read More
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Unilever shares soar as activist investor Peltz joins board
Tuesday 31 May 2022
(Sharecast News) - Unilever shares surged on Tuesday the diversified consumer goods company said billionaire activist investor Nelson Peltz would be joining its board. Read More
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PCF in 'early stage' takeover talks with Castle Trust Capital
Tuesday 31 May 2022
(Sharecast News) - PCF Group announced on Tuesday that it is in early-stage discussions with Castle Trust Capital over a possible all-share offer for the company. Read More
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Sportech trades in line YTD
Tuesday 31 May 2022
(Sharecast News) - Online gambling business Sportech said on Tuesday that its year-to-date trading performance was in line with internal expectations. Read More
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GlaxoSmithKline to buy US biotech Affinivax in $3.3bn deal
Tuesday 31 May 2022
(Sharecast News) - Drugmaker GlaxoSmithKline said on Tuesday that it had agreed to acquire Boston-based clinical-stage biopharmaceutical company Affinivax as part of a deal valued at as much as $3.3bn... Read More
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Lanxess, Advent to buy DSM's engineering materials business for €3.7bn
Tuesday 31 May 2022
(Sharecast News) - Specialty chemicals group Lanxess and private equity firm Advent International have agreed to buy DSM's Engineering Materials business (DEM) for around €3.7bn. Read More
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Pelatro wins contract with African telecommunications firm
Tuesday 31 May 2022
(Sharecast News) - Software firm Pelatro revealed on Tuesday that it had been selected by an unnamed African telecommunications outfit to provide its mViva campaign management solution. Read More
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Pennon full year in line as profits dip
Tuesday 31 May 2022
(Sharecast News) - Water utility Pennon said on Tuesday that its full-year performance was in line with management expectations, with a "strong" contribution from Bristol Water, as it reported a dip i... Read More
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NCC Group's new CEO now set to take over on 7 July
Tuesday 31 May 2022
(Sharecast News) - Cybersecurity firm NCC Group revealed on Tuesday that chief executive-designate Mike Maddison will join the group earlier than originally expected. Read More
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