Company News
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Sales of electric vehicles fall in Europe
Thursday 20 Jun 2024
(Sharecast News) - Sales of battery-powered electric cars in the European Union fell sharply in May, industry data showed on Thursday, as demand in Germany softened notably. Read More
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Cyber security revenues push higher at NCC
Thursday 20 Jun 2024
(Sharecast News) - NCC Group said on Thursday that cyber security revenues had returned to growth, helping annual operating profits come in ahead of expectations. Read More
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Urban Logistics posts stable results after second-half recovery
Thursday 20 Jun 2024
(Sharecast News) - Urban Logistics REIT reported an 8.4% improvement in net rental income in its full-year results on Thursday, to £57.4m. Read More
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Profits surge at CMC Markets, shares spark
Thursday 20 Jun 2024
(Sharecast News) - CMC Markets posted a better-than-expected surge in annual profits on Thursday, boosted by a strong performance across both its retail and institutional divisions. Read More
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YouGov warns profits will be lower than expected, shares tumble
Thursday 20 Jun 2024
(Sharecast News) - YouGov tumbled on Thursday as it cautioned that full-year profits and revenue will be lower than expected due to slow demand in its data products division. Read More
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Franchise Brands shares drop on 2024 outlook, CFO exit
Thursday 20 Jun 2024
(Sharecast News) - Shares in Franchise Brands dropped sharply on Thursday despite the B2B van-based services group meeting expectations with its full-year results, as the company gave a cautious outlo... Read More
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Time Out to beat profit forecasts after strong Q4
Thursday 20 Jun 2024
(Sharecast News) - Shares in Time Out Group gained on Thursday morning after the media and hospitality company said full-year profits are expected to beat forecasts on the back of a strong fourth quar... Read More
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Thursday preview: Bank of England, DS Smith in focus
Thursday 20 Jun 2024
(Sharecast News) - All eyes on Thursday will be on the Bank of England. Read More
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Sainsbury's sells core banking unit to NatWest
Thursday 20 Jun 2024
(Sharecast News) - Sainsbury's has announced it is selling its core banking business, comprising £2.5bn of outstanding credit card, unsecured personal loan and saving accounts, to NatWest and plans to... Read More
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Phoenix Group completes first phase of deleveraging programme
Thursday 20 Jun 2024
(Sharecast News) - Phoenix Group announced on Thursday that it has successfully completed the initial phase of its deleveraging programme, including a significant debt redemption and refinancing exerc... Read More
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Tate & Lyle acquires specialty ingredients firm CP Kelco for $1.8bn
Thursday 20 Jun 2024
(Sharecast News) - Food and beverage products group Tate & Lyle is to buy Atlanta-based pectin, gums and specialty ingredients firm CP Kelco from JM Huber Corporation for $1.8bn, giving the latter a 1... Read More
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Alpha FMC to be taken over by Bridgepoint in £626m deal
Thursday 20 Jun 2024
(Sharecast News) - Alpha Financial Markets Consultancy said on Thursday that it has agreed to be bought by private equity firm Bridgepoint for 505p per share in cash. Read More
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DS Smith profits fall on weak demand, inflation
Thursday 20 Jun 2024
(Sharecast News) - Paper and packaging company DS Smith reported a fall in annual profits driven by weak volumes and high inflation, but said it expected higher prices and demand would boost a recover... Read More
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Director dealings: Young's, Aminex disclose non-exec transactions
Wednesday 19 Jun 2024
(Sharecast News) - Young's Brewery and Aminex were among the companies disclosing director dealings on Wednesday. Read More
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Avingtrans flags record full-year revenue
Wednesday 19 Jun 2024
(Sharecast News) - Energy, medical, and industrial components, modules, systems, and services provider Avingtrans reported record revenue from continuing operations for the financial year ended 31 May... Read More
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Maintel confident dspite slower first half
Wednesday 19 Jun 2024
(Sharecast News) - Cloud, network, and security managed communications services provider Maintel said in an update on Wednesday that it had focussed on strategic organic growth initiatives in the firs... Read More
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Review into handling of politically-exposed persons delayed by election
Wednesday 19 Jun 2024
(Sharecast News) - Read More
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UK watchdog to probe HPE takeover of Juniper
Wednesday 19 Jun 2024
(Sharecast News) - The UK competition regulator has launched an investigation into Hewlett Packard Enterprise's proposed $14bn takeover of Juniper Networks, it was confirmed on Wednesday. Read More
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JP Morgan to scrap bonus cap for London staff - report
Wednesday 19 Jun 2024
(Sharecast News) - JP Morgan Chase is to scrap Brussels' cap on bonuses for its UK bankers, it was reported on Wednesday. Read More
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'Visionary' Canary Wharf chair George Iacobesu to step down
Wednesday 19 Jun 2024
(Sharecast News) - Sir George Iacobescu, Canary Wharf Group's long-standing chair and the driving force behind the site's development, is retiring after 36 years with the company, it was confirmed on ... Read More
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