Company News
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Ovo poaches Monzo finance chief amid sale talks - report
Thursday 17 Oct 2024
(Sharecast News) - Household energy supplier Ovo has reportedly poached a senior executive from digital bank Monzo as it explores options that could lead to a change of ownership. Read More
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Empiric Student Property raises £56.1m to fund acquisitions, refurbishments
Thursday 17 Oct 2024
(Sharecast News) - Empiric Student Property has successfully raised £56.1m, it announced on Thursday, to help it fund acquisitions and refurbishments. Read More
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Capital maintains guidance despite operational setbacks
Thursday 17 Oct 2024
(Sharecast News) - Mining services company Capital Limited reported a 17.6% improvement in third-quarter revenue year-on-year on Thursday, to $93.7m, although it flagged a number of operational setbac... Read More
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Kenmare flags mixed third quarter, reports public fatality
Thursday 17 Oct 2024
(Sharecast News) - Titanium and zircon minerals producer Kenmare Resources reported a mixed third quarter in an update on Thursday, alongside a fatal accident involving a member of the public. Read More
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Augmentum Fintech portfolio firm Farewill to be acquired by Dignity
Thursday 17 Oct 2024
(Sharecast News) - Augmentum Fintech responded to the proposed acquisition of its portfolio company Farewill by Dignity on Thursday. Read More
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Turkish central bank holds rates at 50%
Thursday 17 Oct 2024
(Sharecast News) - Turkey's central bank said on Thursday that it was keeping interest rates steady at 50%, as widely expected. Read More
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ECB cuts rates to 3.25%, as expected
Thursday 17 Oct 2024
(Sharecast News) - The European Central Bank cut interest rates on Thursday for the third time this year, as expected. Read More
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Nokia outlook disappoints as Q3 sales fall
Thursday 17 Oct 2024
(Sharecast News) - Shares in Nokia fell on Thursday after the Finnish telecoms giant disappointed with earnings guidance for the full year amid "ongoing market weakness". Read More
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AI boom fuels earnings surge at TSMC
Thursday 17 Oct 2024
(Sharecast News) - Shares in Taiwan Semiconductor Manufacturing Co rallied on Thursday, after the Taiwanese giant posted a forecast-beating 54% surge in earnings, fuelled by the boom in artificial int... Read More
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Rentokil Initial shares jump as full-year targets maintained
Thursday 17 Oct 2024
(Sharecast News) - Shares in Rentokil Initial surged on Thursday after the pest control services group reassured investors by holding on to full-year guidance following two profit warnings earlier in ... Read More
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Arbuthnot Banking Group reports solid third-quarter growth
Thursday 17 Oct 2024
(Sharecast News) - Arbuthnot Banking Group reported solid third-quarter growth in an update on Thursday, with customer deposits rising to £3.8bn, up from £3.5bn a year earlier, and customer loans incr... Read More
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Nestle cuts forecast, shakes up executive board after sales disappoint
Thursday 17 Oct 2024
(Sharecast News) - Nestle is to undergo a major organisational overhaul, the Swiss food giant confirmed on Thursday, as it cut sales targets in the face of persistently weak consumer demand. Read More
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Publicis lifts full-year revenue outlook
Thursday 17 Oct 2024
(Sharecast News) - French advertising group Publicis lifted its full-year organic revenue forecast on Thursday despite a "challenging" macro environment, as it reported a jump in third-quarter revenue... Read More
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Pernod Ricard reports 'slow start' as Chinese sales tank
Thursday 17 Oct 2024
(Sharecast News) - French wine and spirits group Pernod Ricard reported a "slow start" to the new financial year, with organic sales falling on the back of ongoing weakness in China as well as the US. Read More
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Speedy Hire H1 revenues slip
Thursday 17 Oct 2024
(Sharecast News) - Tools and equipment hire business Speedy Hire said on Thursday that interim revenues had slipped, principally due to a drop in lower-margin services income. Read More
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Octopus Renewables acquires 42MW solar farm near Dublin
Thursday 17 Oct 2024
(Sharecast News) - Octopus Renewables Infrastructure Trust (ORIT) announced on Thursday that it has completed the acquisition of a 42MW solar farm near Dublin, expanding its ownership of Ireland's lar... Read More
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Thursday preview: ECB decision, US retail sales in the spotlight
Thursday 17 Oct 2024
(Sharecast News) - Investors' focus on Thursday will be the European Central Bank's interest rate decision. Read More
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Rathbones funds under management stable
Thursday 17 Oct 2024
(Sharecast News) - Rathbones Group reported a stable level of funds under management and administration (FUMA) on Thursday, of £108.8bn as at 30 September, marginally down from £108.9bn at the end of ... Read More
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Ibstock delivers 'solid' Q3 performance
Thursday 17 Oct 2024
(Sharecast News) - Building products manufacturer Ibstock said on Thursday that it had delivered "a solid performance" in the third quarter, with adjusted underlying earnings broadly in line with inte... Read More
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Increased output, record prices drive strong growth for Centamin in third quarter
Thursday 17 Oct 2024
(Sharecast News) - Egypt-focused gold miner Centamin reported a strong third-quarter performance, as operational improvements at the flagship Sukari mine lifted production while gold sales were bolste... Read More
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