Company News
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Rio Tinto to buy Mitsubishi's 11.7% stake in Boyne aluminium smelter
Tuesday 11 Jun 2024
(Sharecast News) - Rio Tinto said on Tuesday that it has agreed to buy Mitsubishi Corporation's 11.65% interest in Boyne Smelters (BSL) for an undisclosed sum. Read More
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Novacyt settles High Court dispute with DHSC
Tuesday 11 Jun 2024
(Sharecast News) - Biotechnology group Novacyt and the UK's Department of Health and Social Care have reached a commercial settlement of all claims and counterclaims in High Court proceedings. Read More
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Heathrow sees record passenger numbers in year to May
Tuesday 11 Jun 2024
(Sharecast News) - Heathrow served a record number of passengers over the past year after the the busiest-ever May, the UK airport announced on Tuesday. Read More
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Capricorn Energy reports first production at Sangomar development
Tuesday 11 Jun 2024
(Sharecast News) - Exploration and development company Capricorn Energy said on Tuesday that first production from its Sangomar Field development offshore Senegal has commenced after it received confi... Read More
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GSK launches appeal to recent Zantac ruling
Tuesday 11 Jun 2024
(Sharecast News) - GSK has started the process of appealing a recent decision by the Delaware Superior Court regarding the ongoing Zantac, or ranitidine, litigation, it announced on Tuesday. Read More
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Oxford Instruments shares jump on profit beat, restructure plan
Tuesday 11 Jun 2024
(Sharecast News) - Shares in Oxford Instruments surged on Tuesday after the industrial and scientific research tech group announced plans to simplify its corporate structure alongside full-year profit... Read More
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FirstGroup hikes dividend as profits surge, but sees challenges ahead
Tuesday 11 Jun 2024
(Sharecast News) - Bus and train operator FirstGroup hiked its dividend by 45% after a substantial jump in annual profits, despite revenues slipping slightly over the year. Read More
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Senior wins $80m parts contracts from Collins Aerospace
Tuesday 11 Jun 2024
(Sharecast News) - Aircraft and defence engineering specialist Senior said it had won 10-year production contracts worth $80m from Collins Aerospace to supply thrust reverser structural components for... Read More
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Tuesday preview: UK employment, US Treasury auctions in focus
Monday 10 Jun 2024
(Sharecast News) - Investors' focus on Tuesday will be on the UK employment report for the month of April. Read More
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ME Group confident after strong first half
Monday 10 Jun 2024
(Sharecast News) - ME Group International reported strong trading for the six months ended 30 April in an update on Monday, with a 4.6% increase in revenue, or 8.6% excluding foreign exchange, and a 1... Read More
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Diller Noble acquires Diamond Offshore for $1.6bn
Monday 10 Jun 2024
(Sharecast News) - Texas-based oil company Noble Corporation has announced plans to snap up Diamond Offshore Drillling for $1.6bn. Read More
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Arecor Therapeutics shares tank on funding update
Monday 10 Jun 2024
(Sharecast News) - The share price of AIM-listed Arecor Therapeutics dropped by almost a third on Monday after the biopharma firm warned that its working capital requirements had "accelerated" while f... Read More
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Gulf Marine Services confirms four-year contract
Monday 10 Jun 2024
(Sharecast News) - Gulf Marine Services, a provider of self-propelled and self-elevating support vessels for the offshore oil, gas, and renewables sectors, confirmed the signing of the second phase of... Read More
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Triple Point reports improved rent collection in first quarter
Monday 10 Jun 2024
(Sharecast News) - Triple Point Social Housing REIT reported a robust performance in the first quarter on Monday, with a significant increase in rent collection and ongoing rental growth. Read More
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CLS offloads two non-core assets for £11m
Monday 10 Jun 2024
(Sharecast News) - Commercial property investment group CLS Holdings has offloaded two properties for a combined £10.7m, shedding non-core assets that were initiallly acquired as part of a larger port... Read More
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GSK's Arexvy vaccine approved for wider age range
Monday 10 Jun 2024
(Sharecast News) - US regulators have approved the use of GSK's Arexvy vaccine for a younger age group, the biopharma group announced on Monday. Read More
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Chemring signs deal with Northrop Grumman for missile material
Monday 10 Jun 2024
(Sharecast News) - Chemring said it had signed a 15-year deal partnering deal with US defence firm Northrop Grumman for the supply of HMX energetic material used in its missile programmes along with a... Read More
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Pennon names David Sproul new Chair Designate
Monday 10 Jun 2024
(Sharecast News) - Pennon Group chose David Sproul, a former global deputy CEO at Deloitte, as its Chair Designate. Read More
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C&C shares slump as CEO steps down after accounting errors
Friday 07 Jun 2024
(Sharecast News) - C&C Group shares plunged on Friday after the drinks maker said chief executive Patrick McMahon would be stepping down after accounting errors in the last three years when he was chi... Read More
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Body Shop administrators aiming to wrap up sale by end of June - report
Friday 07 Jun 2024
(Sharecast News) - Administrators to The Body Shop are reportedly aiming to clinch a sale of the stricken cosmetics retailer by the end of the month, even as its former owner veers away from making an... Read More
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