Company News
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Europe open: Shares fall as UK inflation unchanged; Demant tanks on warning
Wednesday 17 Jul 2024
(Sharecast News) - European shares opened lower on Wednesday as investors digested the latest UK inflation figures which came in slightly higher than forecast, dampening hopes of a rate cut from the B... Read More
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Genus scales back profit outlook on China, Brazil weakness
Wednesday 17 Jul 2024
(Sharecast News) - Genus saw its share price drop sharply on Wednesday after the animal genetics group said profits this year would be lower than expected due to ongoing market challenges in China and... Read More
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Antofagasta warns on full-year production
Wednesday 17 Jul 2024
(Sharecast News) - Shares in Antofagasta came under pressure in early trading on Wednesday, after the Chilean miner warned annual production would be at the lower end of guidance. Read More
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Smiths Group sells down stake in ICU Medical
Wednesday 17 Jul 2024
(Sharecast News) - Smiths Group announced the sale of 1.2 million shares in ICU Medical on Wednesday, amounting to roughly 4.9% of ICU Medical's issued share capital. Read More
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Hvivo delivers record revenues in H1, reiterates FY guidance
Wednesday 17 Jul 2024
(Sharecast News) - Contract research organisation Hvivo restated full-year guidance on Wednesday as the group revealed it had delivered record revenues in H1. Read More
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BHP delivers record annual iron ore production
Wednesday 17 Jul 2024
(Sharecast News) - Mining and metals giant BHP has delivered record annual iron ore production for the second year in a row, with an increased contribution from its South Flank operation in Western Au... Read More
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Babcock profits surge despite £90m negative hit from Navy contract
Wednesday 17 Jul 2024
(Sharecast News) - Defence and aerospace group Babcock has reported a 34% surge in underlying profits in the year ended 31 March despite a £90m hit on a ship-building contract with the Royal Navy. Read More
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Team17 sees FY in line with market views
Wednesday 17 Jul 2024
(Sharecast News) - Team17 said on Wednesday that it has traded in line with management expectations in the first half. Read More
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Mitie to buy ESM Power for up to £8.5m
Wednesday 17 Jul 2024
(Sharecast News) - Mitie said on Wednesday that it has agreed to buy ESM Power, a high voltage electrical engineering business specialising in grid and power connections, for up to £8.5m. Read More
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Rio Tinto appoints National Grid's Katie Jackson to head copper unit
Wednesday 17 Jul 2024
(Sharecast News) - Rio Tinto has appointed Katie Jackson from National Grid to lead its copper business, succeeding Bold Baatar who is moving up to become chief commercial officer at the mining giant ... Read More
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HSBC appoints CFO Elhedery as new CEO
Wednesday 17 Jul 2024
(Sharecast News) - HSBC has announced that its finance chief George Elhedery will move into the chief executive officer position in September, replacing outgoing boss Noel Quinn. Read More
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Reckitt Benckiser sees sales hit as US facility knocked out by tornado
Wednesday 17 Jul 2024
(Sharecast News) - Multinational consumer goods group Reckitt Benckiser on Wednesday forecast a short-term hit to sales in the US after a said a key warehouse for its Mead Johnson Nutrition business w... Read More
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Wednesday preview: UK CPÎ, euro area CPI in the spotlight
Tuesday 16 Jul 2024
(Sharecast News) - The market spotlight in the middle of the week will shift back towards the UK and the release of the consumer price report for the month of June. Read More
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Director dealings: N Brown director snaps up shares
Tuesday 16 Jul 2024
(Sharecast News) - N Brown Group revealed on Tuesday that non-executive director Joshua Alliance had acquired 1.0m ordinary shares in the AIM-listed online retailer. Read More
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Tissue Regenix flags first half in line with expectations
Tuesday 16 Jul 2024
(Sharecast News) - Regenerative medical device company Tissue Regenix reported a strong first-half performance in a trading update on Tuesday, in line with its own expectations. Read More
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Spectra signs $38m manufacturing contract with existing customer
Tuesday 16 Jul 2024
(Sharecast News) - Spectra Systems, a specialist in machine-readable high-speed banknote authentication, brand protection technologies, security printing, and gaming security software, announced the s... Read More
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Ocado shares surge on guidance upgrade, narrow losses
Tuesday 16 Jul 2024
(Sharecast News) - Shares in Ocado surged on Tuesday after the online grocer and technology company reported narrower interim losses and lifted full-year guidance as revenue grew across all its divisi... Read More
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Fintel agrees acquisition of Rayner Spencer Mills Research
Tuesday 16 Jul 2024
(Sharecast News) - Fintech and support service specialist Fintel announced a conditional agreement to acquire Rayner Spencer Mills Research (RSMR), a prominent fund ratings and research agency in the ... Read More
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Gateley revenue rises, underlying profits narrow slightly
Tuesday 16 Jul 2024
(Sharecast News) - Professional services firm Gateley Holdings reported continued growth and investment in line with its strategic objectives in its full-year audited results on Tuesday. Read More
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ITM Power inks capacity reservation with utility provider
Tuesday 16 Jul 2024
(Sharecast News) - ITM Power announced the signing of a capacity reservation agreement with a large utility company on Tuesday, securing future production capacity for its NEPTUNE II units. Read More
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