Company News
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National Grid to pay out £200m from subsea cable revenues
Wednesday 11 May 2022
(Sharecast News) - National Grid is to share some of the excess revenues it generates from subsea electricity cables ahead of schedule, after striking a deal with Ofgem, the energy regulator. Read More
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Clakson makes 'good start' to the year, FY outlook remains 'strong'
Wednesday 11 May 2022
(Sharecast News) - Shipping company Clarkson said on Wednesday that it had made "a good start to the year", with the group benefitting from "improved conditions" across many of the sectors in which it... Read More
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Shares in Bayer fall sharply on Roundup setback
Wednesday 11 May 2022
(Sharecast News) - President Joe Biden's administration has recommended the US Supreme Court reject an appeal by Bayer, sending shares in the German drug and agrochemical giant sharply lower. Read More
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Zephyr reports solid production growth at Williston Basin
Wednesday 11 May 2022
(Sharecast News) - Rocky Mountains-focussed oil and gas company Zephyr Energy said first quarter sales from its Williston Basin portfolio averaged around 1,600 barrels of oil equivalent per day net, u... Read More
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Ilika flags development delays as full-year losses widen
Wednesday 11 May 2022
(Sharecast News) - Solid state battery technology company Ilika said in an update on Wednesday that trading for the financial year just ended was in line with management expectations. Read More
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RBC Capital upgrades Ashtead to 'outperform'
Wednesday 11 May 2022
(Sharecast News) - RBC Capital Markets upgraded Ashtead on Wednesday to 'outperform' from 'sector perform', saying it sees the equipment rental company as a structural long-term beneficiary in the fra... Read More
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Polarean inks long Covid research deal with Oxford NHS trust
Wednesday 11 May 2022
(Sharecast News) - Medical imaging technology company Polarean announced a research collaboration with Oxford University Hospitals NHS Foundation Trust (OUH) on Wednesday, to study the long-term effec... Read More
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DeepMatter signs second deal with South Korea's Standigm
Wednesday 11 May 2022
(Sharecast News) - Digital chemistry and software company DeepMatter has signed a second multi-year licensing and collaboration agreement with Standigm, it announced on Wednesday. Read More
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Horizonte awards earthworks contract for Araguaia ferronickel project
Wednesday 11 May 2022
(Sharecast News) - Brazil-focussed nickel development company Horizonte Minerals has awarded the earthworks contract for the construction of its wholly-owned Araguaia ferronickel project to Copa Const... Read More
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Sunrise seeks approval for pozzolan on California transport projects
Wednesday 11 May 2022
(Sharecast News) - Sunrise Resources said on Wednesday that it has applied to the California Department of Transport (Caltrans) for conditional approval of CS natural pozzolan for use in infrastructur... Read More
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Losses widen, cash burn grows for Mirriad Advertising
Wednesday 11 May 2022
(Sharecast News) - In-content advertising platform Mirriad said in its final results on Wednesday that it "broadly maintained" year-on-year revenue at £2m, down from £2.2m, despite the continuing impa... Read More
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Botswana Diamonds fails to find partner for Ghaghoo before due date
Wednesday 11 May 2022
(Sharecast News) - Botswana Diamonds updated the market on the Ghaghoo Mine on Wednesday, reporting that it had not found a joint venture partner. Read More
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Savills confident despite risky macro backdrop
Wednesday 11 May 2022
(Sharecast News) - Real estate and property service provider Savills said in an update on Wednesday that its businesses were performing in line with expectations, although the war in Ukraine, inflatio... Read More
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Hostelworld YTD revenues approach pre-Covid levels
Wednesday 11 May 2022
(Sharecast News) - Online booking platform operator Hostelworld told shareholders on Wednesday that a strong start experienced in the first 12 weeks of the year had continued through April and into ea... Read More
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HomeServe surges as Brookfield said to near takeover deal
Wednesday 11 May 2022
(Sharecast News) - HomeServe shares shot higher on Wednesday following a report that Canadian investment firm Brookfield Asset Management is nearing a takeover of the household repairs provider. Read More
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Speedy Hire CEO Russell Down to retire
Wednesday 11 May 2022
(Sharecast News) - Speedy Hire said on Wednesday that chief executive Russell Down plans to retire after seven years with the company. Read More
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Harbour Energy says could be debt free next year
Wednesday 11 May 2022
(Sharecast News) - Harbour Energy maintained production guidance on Wednesday and said it may pay down debt and return more cash to shareholders this year if oil prices stayed higher. Read More
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Vertu reports record year as it faces falling consumer confidence
Wednesday 11 May 2022
(Sharecast News) - Vertu Motors reported record trading in its final results on Wednesday, with adjusted profit before tax rising to £80.7m from £24.6m year-on-year, on revenues of £3.6bn. Read More
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Airtel Africa FY pre-tax profits rise as customer base grows
Wednesday 11 May 2022
(Sharecast News) - Telecommunications firm Airtel Africa posted a sharp increase in both full-year profits and revenues on Wednesday thanks to solid growth in its customer base. Read More
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CLS trading in line with market views, updates dividend policy
Wednesday 11 May 2022
(Sharecast News) - CLS Holdings updated its dividend policy on Wednesday as it said it continues to trade in line with market expectations. Read More
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