Company News
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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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Alpha FMC surges as Bridgepoint proposes 505p a share takeover
Wednesday 19 Jun 2024
(Sharecast News) - Alpha Financial Markets surged on Wednesday after saying it had received a 505p a share takeover proposal from buyout firm Bridgepoint that it would be willing to recommend. Read More
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Speedy Hire confident despite profit slump
Wednesday 19 Jun 2024
(Sharecast News) - Speedy Hire posted a slide in full-year profits on Wednesday, hit by higher costs and macroeconomic uncertainty, but struck a more optimistic note for the current year. Read More
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Games Workshop shares surge on FY profit beat
Wednesday 19 Jun 2024
(Sharecast News) - Shares in Games Workshop surged on Wednesday as the Warhammer maker said it expected a jump in annual pre-tax profits to at least £200m compared to £171m a year earlier. Read More
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Berkeley lifts outlook, outlines plans to enter rental market
Wednesday 19 Jun 2024
(Sharecast News) - UK housebuilder Berkeley lifted its earnings outlook by 5% for the current financial year amid tough trading conditions and unveiled plans to enter the London rental market. Read More
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Ixico wins £1m research contract
Wednesday 19 Jun 2024
(Sharecast News) - Precision analytics company Ixico announced a new contract valued at over £1m on Wednesday. Read More
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Light Science Technologies secures £0.75m contract
Wednesday 19 Jun 2024
(Sharecast News) - Light Science Technologies announced a significant contract worth over £0.75m on Wednesday, with a new blue-chip customer, for its passive fire protection division LSTH IFB. Read More
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Eurozone construction output falls 0.2% in April
Wednesday 19 Jun 2024
(Sharecast News) - Eurozone construction output fell 0.2% in April 2024 compared with the prior month, according to flash estimates from Eurostat, the statistical office of the European Union. Read More
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Brave Bison trading in line with expectations
Wednesday 19 Jun 2024
(Sharecast News) - Digital advertising and technology services company Brave Bison said in an update on Wednesday that trading in the first five months of 2024 met expectations, with the board anticip... Read More
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Powerhouse installs crucial kiln at Bridgend Technical Centre
Wednesday 19 Jun 2024
(Sharecast News) - Powerhouse Energy announced the successful delivery and installation of its thermal conversion chamber (TCC) at its Bridgend Technical Centre on Wednesday. Read More
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Severfield profits beat forecasts despite lower revenue
Wednesday 19 Jun 2024
(Sharecast News) - Structural steel specialist Severfield reported revenue of £463.5m in its final results on Wednesday, down from £491.8m in 2023 amid softer market conditions. Read More
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Alliance Pharma posts strong results after audit delay
Wednesday 19 Jun 2024
(Sharecast News) - Alliance Pharma reported strong preliminary results for the year ended 31 December on Wednesday, after an audit delay, driven by a robust second half that led to record sales and ex... Read More
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IQE co-founder to step down with immediate effect
Wednesday 19 Jun 2024
(Sharecast News) - The co-founder of IQE is stepping down with immediate effect, the semiconductor specialist confirmed on Wednesday, after nearly 36 years with the business. Read More
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Victoria still outperforms market as full-year losses widen
Wednesday 19 Jun 2024
(Sharecast News) - Flooring manufacturer and distributor Victoria said in its final results on Wednesday that despite macroeconomic challenges affecting consumer spending on flooring, it still outperf... Read More
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Young's posts jump in annual revenues, flags 'feast' of summer sport
Wednesday 19 Jun 2024
(Sharecast News) - Young & Co's Brewery struck an upbeat note on Wednesday, despite a slide in full-year profits, as it flagged a bumper summer of sport. Read More
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Nextenergy Solar hikes annual dividend despite slip in NAV
Wednesday 19 Jun 2024
(Sharecast News) - Solar energy and energy storage investment firm NextEnergy Solar Fund hiked its dividend by 11% despite reporting flat income and a modest drop in net asset value (NAV) in the year ... Read More
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Vodafone sells 18pc stake in Indus Towers
Wednesday 19 Jun 2024
(Sharecast News) - Vodafone Group confirmed several days of speculation on Wednesday, as it announced the sale of 484.7 million shares in Indus Towers, representing 18% of Indus' share capital, throug... Read More
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Helios Towers shares drop as institutional investors offload £43m stake
Wednesday 19 Jun 2024
(Sharecast News) - Telecoms tower company Helios Towers has announced a secondary placing of shares, in which stakeholders Newlight Partners and RIT Capital Partners sold a combined £43.2m of stock, c... Read More
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UK inflation eases to BoE's 2% target
Wednesday 19 Jun 2024
(Sharecast News) - Annual consumer price inflation fell to 2% in May from 2.3% in April, in line with expectations, according to figures released on Wednesday by the Office for National Statistics. Read More
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