Company News
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SAP shares surge as full-year guidance raised
Tuesday 22 Oct 2024
(Sharecast News) - Shares in SAP jumped in Frankfurt on Tuesday after the German enterprise software giant raised its annual guidance on the back of a strong increase in cloud revenues in the third qu... Read More
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Shoe Zone trims full-year profit expectations, shares slide
Tuesday 22 Oct 2024
(Sharecast News) - Shoe Zone slumped on Tuesday as the budget shoe retailer downgraded its full-year profit expectations, reporting a drop in sales and pinning the blame partly on the weather. Read More
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Gear4music makes 'good progress' on growth strategy in H1
Tuesday 22 Oct 2024
(Sharecast News) - Music equipment retailer Gear4music said on Tuesday that it has made "good progress" in executing its growth strategy, with its full-year outlook tracking in line with consensus mar... Read More
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Sosandar H1 losses improve despite revenue drop
Tuesday 22 Oct 2024
(Sharecast News) - Clothing retailer Sosandar said on Tuesday that losses had improved in the six months ended 30 September, despite a fall in H1 revenues. Read More
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Sosandar H1 losses improve despite revenue drop
Tuesday 22 Oct 2024
(Sharecast News) - Clothing retailer Sosandar said on Tuesday that losses had improved in the six months ended 30 September, despite a fall in H1 revenues. Read More
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Mulberry rejects £111m takeover proposal from Frasers
Tuesday 22 Oct 2024
(Sharecast News) - Mulberry rejected a second takeover proposal from Mike Ashley's Frasers Group on Tuesday, saying it was "untenable". Read More
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Wickes reiterates FY profit guidance following strong Q3 retail performance
Tuesday 22 Oct 2024
(Sharecast News) - Home improvement retailer Wickes said on Tuesday that its full-year profit outlook remains unchanged following stronger sales and volume growth in its retail unit. Read More
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Halfords sales dip as consumers cautious ahead of Budget
Tuesday 22 Oct 2024
(Sharecast News) - Halfords reported a small dip in sales on Tuesday as it said consumers remained cautious ahead of the Budget. Read More
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Morgan Sindall FY profits seen 'significantly ahead' of expectations
Tuesday 22 Oct 2024
(Sharecast News) - Construction firm Morgan Sindall said on Tuesday that full-year profits would now be "significantly ahead" of previous expectations. Read More
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Hunting cuts full-year guidance as oil prices fall
Tuesday 22 Oct 2024
(Sharecast News) - Shares in Hunting were sliding on Tuesday morning, after the company announced it was trimming its full-year guidance amid falling oil prices. Read More
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HSBC appoints new CFO, announces restructure
Tuesday 22 Oct 2024
(Sharecast News) - HSBC announced the appointment of its new chief financial officer on Tuesday, as well as a number of key structural changes aimed at enhancing strategic execution and leadership. Read More
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InterContinental Hotels Q3 RevPAR rises 1.5%
Tuesday 22 Oct 2024
(Sharecast News) - InterContinental Hotels Group reported a jump in third-quarter room revenue on Tuesday, as good business demand and strength in the US and EMEAA helped to offset a weaker performanc... Read More
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IDS subsidiary GLS to buy 20% stake in Greek courier firm ACS
Monday 21 Oct 2024
(Sharecast News) - International Distribution Services - the parent company of Royal Mail - said on Monday that subsidiary GLS has agreed to buy a 20% stake in Greek courier firm ACS Postal Services f... Read More
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Tristel full-year results top market expectations
Monday 21 Oct 2024
(Sharecast News) - Infection prevention products manufacturer Tristel announced its audited results for the year ended 30 June on Monday, surpassing market expectations. Read More
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Yellow Cake confident despite fall in uranium prices
Monday 21 Oct 2024
(Sharecast News) - Yellow Cake, a specialist company holding physical uranium for long-term investment, reported a 4.4% decrease in the value of its uranium holdings during the September quarter on Mo... Read More
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Disney names new chair as CEO search continues
Monday 21 Oct 2024
(Sharecast News) - The Walt Disney Company is poaching Morgan Stanley's executive chairman James Gorman to helm the board, and said it expected to announce a successor to chief executive Bob Iger in 2... Read More
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Midwich revises expectations amid challenging market
Monday 21 Oct 2024
(Sharecast News) - Audio-visual distribution specialist Midwich Group revised its expectations for the year on Monday, amid persistently challenging market conditions. Read More
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Kenvue shares jump as activist investor Starboard buys in
Monday 21 Oct 2024
(Sharecast News) - Shares in American consumer health products group Kenvue were surging on Monday morning on reports that activist investor Starboard Value has amassed a "sizeable stake" in the compa... Read More
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Tuesday preview: Investors await IHG update, central banker comments
Monday 21 Oct 2024
(Sharecast News) - A third-quarter trading update from InterContinental Hotels Group will take centre stage on Tuesday, with the corporate earnings and economic data calendars relatively quiet. Read More
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Elixirr acquires Hypothesis Group in $45m deal
Monday 21 Oct 2024
(Sharecast News) - Elixirr International announced the acquisition of Hypothesis Group, a US-based insights and strategy firm, for a maximum consideration of $45m on Monday. Read More
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