Company News
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Drax upgrades FY profit expectations, shares power ahead
Thursday 07 Jul 2022
(Sharecast News) - Drax shares rallied on Thursday as the renewable power generator upgraded its full-year earnings expectations after agreeing to keep its coal-fired power plan units open this winter... Read More
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Billionaire Johann Rupert, MSC preparing higher bid for Mediclinic - report
Thursday 07 Jul 2022
(Sharecast News) - Mediclinic surged on Thursday following a report that a consortium backed by South African billionaire Johann Rupert is preparing a higher takeover bid for the hospital operator. Read More
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RS Group sees FY revenues, profit 'slightly above' expectations
Thursday 07 Jul 2022
(Sharecast News) - RS Group said on Thursday that full-year revenues and profit were set to be "slightly above" current consensus estimates following a strong first quarter. Read More
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Victrex on track to meet full-year expectations as Q3 revenues rise
Thursday 07 Jul 2022
(Sharecast News) - Victrex said on Thursday that it was on track to meet full-year expectations as it posted a jump in third-quarter revenues. Read More
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C&C hails solid start to year but warns over impact of inflation
Thursday 07 Jul 2022
(Sharecast News) - Drinks company C&C reported a solid start to the year on Thursday but struck a cautious note on the potential impact of inflation. Read More
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Baltic Classifieds profits up despite inflationary pressure
Thursday 07 Jul 2022
(Sharecast News) - Baltic Classifieds Group reported a rise in annual profits despite IPO costs and higher inflation in its trading region. Read More
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Watches of Switzerland posts record FY sales, profits
Thursday 07 Jul 2022
(Sharecast News) - Watches of Switzerland posted record full-year sales and profits on Thursday amid continued strong demand. Read More
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Entain cuts online gaming revenue outlook
Thursday 07 Jul 2022
(Sharecast News) - UK gambling firm Entain on Thursday said online gaming revenue would be flat in the current year, as customers started to cut back on spending amid soaring inflation and prices. Read More
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Legal & General sees double-digit growth in cash, capital generation in H1
Thursday 07 Jul 2022
(Sharecast News) - Legal & General said on Thursday that it has had a good start to 2022, that its operating performance has been in line with expectations and that it expects to deliver double-digit ... Read More
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Persimmon sees H1 profits slightly higher than expectations
Thursday 07 Jul 2022
(Sharecast News) - House builder Persimmon said it expected half-year profits to be "modestly" higher than expectations, despite rising energy and raw materials prices and wage increases. Read More
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Thursday preview: ECB minutes, Fed speak in focus
Wednesday 06 Jul 2022
(Sharecast News) - Wednesday will be the European Central Bank's turn to publish the minutes of its last monetary policy meeting. Read More
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DiscoverIE buys CDT Group for £5m
Wednesday 06 Jul 2022
(Sharecast News) - Electronics maker discoverIE Group on Wednesday said it had bought CDT group for £5m. Read More
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Trainline lifts guidance after surge in demand led by US visitors
Wednesday 06 Jul 2022
(Sharecast News) - Online rail ticketing platform Trainline on Wednesday lifted annual guidance after a bigger-than-expected surge in demand for travel, particularly from US visitors. Read More
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Ben & Jerry's sues Unilever over ending of West Bank boycott
Wednesday 06 Jul 2022
(Sharecast News) - Ice-cream brand Ben & Jerry's is suing parent company Unilever for ending its boycott of occupied Palestinian territories, saying the decision conflicted with its "core values". Read More
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CMA launches probe into Microsoft's acquisition of Activision Blizzard
Wednesday 06 Jul 2022
(Sharecast News) - The UK's Competition and Markets Authority said on Wednesday that it was launching an investigation into Microsoft's $69bn acquisition of Activision Blizzard. Read More
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UK regulator to probe Amazon marketplace practices
Wednesday 06 Jul 2022
(Sharecast News) - Britain's competition watchdog has started an investigation into whether US online giant Amazon has been giving its own sellers an unfair advantage over third-party rivals on its ma... Read More
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Sirius Real Estate trading in line with expectations
Wednesday 06 Jul 2022
(Sharecast News) - Sirius Real Estate said on Wednesday that it continues to trade in line with expectations. Read More
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Abrdn rallies as it announces £300m share buyback
Wednesday 06 Jul 2022
(Sharecast News) - Asset manager Abrdn rallied on Wednesday after it announced a £300m share buyback programme as it looks to return excess capital to shareholders. Read More
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M&A helps boost Numis Q3 revenues
Wednesday 06 Jul 2022
(Sharecast News) - Investment bank Numis reported a rise in third-quarter revenue driven by a strong mergers and acquisitions environment. Read More
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Ten Entertainment lifts guidance as demand surges
Wednesday 06 Jul 2022
(Sharecast News) - Bowling and entertainment centre operator Ten Entertainment raised annual guidance as first-half sales growth had exceeded pre-pandemic levels. Read More
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