Company News
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Saipem, Subsea7 to merge to create 'global leader in energy services'
Monday 24 Feb 2025
(Sharecast News) - Italy's Saipem said on Sunday that it has agreed to merge with Norwegian rival Subsea7 to create "a global leader in energy services". Read More
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Kosmos reports Q4 net loss of $16m as capex narrows
Monday 24 Feb 2025
(Sharecast News) - Kosmos Energy reported a net fourth-quarter loss of $7m on Monday, or one cent per diluted share, and an adjusted net loss of $16m, or three cents per share. Read More
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B&M shares slump as profit guidance cut again; CEO to retire
Monday 24 Feb 2025
(Sharecast News) - Shares in UK discount retailer B&M slumped on Monday after profit guidance was cut again on the back of an uncertain economic outlook and announcement that chief executive Alex Russ... Read More
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XPS Pensions buys Polaris for £23.4m
Monday 24 Feb 2025
(Sharecast News) - XPS Pensions Group on Monday said it was buying UK insurance consultancy Polaris Actuaries for £23.4m. Read More
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CLS earnings, NTA seen in line with FY24 expectations
Monday 24 Feb 2025
(Sharecast News) - Property investment firm CLS Holdings said on Monday that earnings and net tangible assets were both seen in line with market expectations. Read More
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National Grid agrees sale of US renewables business
Monday 24 Feb 2025
(Sharecast News) - National Grid has announced the sale of its National Grid Renewables US onshore renewables business to Brookfield Asset Management and its institutional partners, including Brookfie... Read More
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UK lenders 'paid car dealers' up front in pricier loan deals - report
Friday 21 Feb 2025
(Sharecast News) - UK lenders paid "advance commissions" to car dealers that may have encouraged them to push costlier loans on to consumers, the Guardian reported, citing legal filings linked to the ... Read More
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ADM Energy gets emergency loan as CEO resigns
Friday 21 Feb 2025
(Sharecast News) - ADM Energy has announced the abrupt resignation of its boss Stefan Olivier as the West Africa-focused oil group continues to face a financial crunch, with just £20,000 of cash left ... Read More
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StanChart in $1.5bn buyback as annual earnings rise
Friday 21 Feb 2025
(Sharecast News) - Asia-focused bank Standard Chartered said it would hand back $1.5bn to shareholders after a rise in annual earnings driven by its pursuit of wealthy customers, although it warned th... Read More
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Proteome secures $1m-plus contract with US biopharma firm
Friday 21 Feb 2025
(Sharecast News) - Proteome Sciences announced on Friday that it has secured a contract worth over $1m from a US biopharmaceutical company for the use of its mass spectrometry services in an ongoing c... Read More
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Sale of surplus ECR Minerals land now unconditional
Friday 21 Feb 2025
(Sharecast News) - ECR Minerals confirmed on Friday that the sale of its surplus land at Brewing Lane in Victoria, Australia, for AUD 225,000 (£113,690) was now unconditional. Read More
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Hong Kong's CKI makes £7bn bid for majority stake in Thames Water - report
Friday 21 Feb 2025
(Sharecast News) - Hong Kong's CK Infrastructure has reportedly made a preliminary £7bn bid to take a majority stake in Thames Water, while indicating that it would require the company's bondholders t... Read More
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UnitedHealth shares drop as DOJ launches Medicare pricing probe
Friday 21 Feb 2025
(Sharecast News) - Shares in American insurance group UnitedHealth tanked on Friday after the news that the Department of Justice has launched an official probe into its Medicare billing practices. Read More
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Tern raises £0.22m to fund commitment to SVV2 fund
Friday 21 Feb 2025
(Sharecast News) - Tern announced on Friday that it has raised £0.22m through a placing of 19,230,769 new shares at 1.15p each, representing a 9.8% discount to the closing price on 20 February. Read More
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Guardian Metal Resources reports high-grade gold results from Golconda
Friday 21 Feb 2025
(Sharecast News) - Guardian Metal Resources reported high-grade gold results from trenching at its 100%-owned Golconda Summit Project in Nevada on Friday, confirming and extending mineralisation at th... Read More
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GSK seen as potential target for activist investors
Friday 21 Feb 2025
(Sharecast News) - Drugmaker GSK has been tapped as a potential target for activist investors, according to Bloomberg, which noted that shares had fallen roughly 19% since spinning off its consumer he... Read More
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Savannah Resources to restart drilling at Barroso
Friday 21 Feb 2025
(Sharecast News) - Savannah Resources confirmed on Friday that it will immediately restart fieldwork and drilling at its Barroso Lithium Project in Portugal, following a decision by the Portuguese Sta... Read More
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Litigation Capital Management shares down after Aussie court judgement
Friday 21 Feb 2025
(Sharecast News) - Litigation Capital Management announced on Friday that the Federal Court of Australia has delivered its judgement in a class action funded by the company on behalf of shareholders i... Read More
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Time Out reports first-half revenue decline
Friday 21 Feb 2025
(Sharecast News) - Time Out Group reported a 3% decline in revenue to £50.9m for the six months ended 31 December on Friday, compared to £52.5m in the prior year. Read More
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Air Liquide lifts margin guidance after "solid" 2024
Friday 21 Feb 2025
(Sharecast News) - French industrial gases giant Air Liquide impressed investors with its full-year results with record margin improvements driving annual profits higher as the company lifted its shor... Read More
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