Company News
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First-quarter sales jump at Inditex
Wednesday 05 Jun 2024
(Sharecast News) - Zara-owner Inditex posted "robust" first-quarter numbers on Wednesday, as sales comfortably met expectations. Read More
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Ninety One full-year AuM fall, dividend cut
Wednesday 05 Jun 2024
(Sharecast News) - Ninety One posted a drop in full-year assets under management on Wednesday and cut its dividend as it said business conditions remained "challenging". Read More
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B&M profits at top end, but lack of guidance disappoints
Wednesday 05 Jun 2024
(Sharecast News) - Annual operating profits at B&M European Value Retail came in at the top end of guidance, but shares fell sharply on Wednesday after the discount retailer offered no firm guidance f... Read More
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WH Smith holds on to guidance despite Q3 sales slowdown
Wednesday 05 Jun 2024
(Sharecast News) - Stationary and book retailer WH Smith said it remains on track to hit full-year forecasts despite a slowdown in sales growth in third quarter, as strong growth in the travel divisio... Read More
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Senior opens new French production facility
Wednesday 05 Jun 2024
(Sharecast News) - Manufacturing and engineering business Senior has opened a new production facility in Fossé, France. Read More
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Workspace losses swell, but CEO predicts improving valuations
Wednesday 05 Jun 2024
(Sharecast News) - Office owner and operator Workspace Group reported strong rental income growth in the year to 31 March, though losses widened substantially due to falling property valuations. Read More
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China's services sector expands again in May - Caixin
Wednesday 05 Jun 2024
(Sharecast News) - Activity in China's services sector accelerated in May at its fastest pace in 10 months, according to data released on Wednesday. Read More
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Paragon Banking profits soar, lifts buyback, lending forecasts
Wednesday 05 Jun 2024
(Sharecast News) - Specialist lender Paragon Banking more than doubled interim profit and said it would extend its share buyback by up to £50m as customer demand returned after the 'mini-budget' fiasc... Read More
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Wednesday preview: Global services PMIs, Computacenter in focus
Tuesday 04 Jun 2024
(Sharecast News) - The market spotlight in the middle of the week will shift to the global services sector with a raft of survey results for the month of May due out. Read More
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Aukett Swanke cautious on expectations despite new contract win
Tuesday 04 Jun 2024
(Sharecast News) - Architecture and smart buildings group Aukett Swanke announced a new £200,000 software license contract on Tuesday, with the firm offering up its Smart Core system in a London prope... Read More
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Zinnwald Lithium shares spike on state support for Saxony project
Tuesday 04 Jun 2024
(Sharecast News) - Shares in Germany-focused lithium miner Zinnwald Lithium rallied on Tuesday afternoon after the Saxony government gave its support for its flagship project. Read More
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Chill Brands reinstates CEO as shareholders vote to shake up board
Tuesday 04 Jun 2024
(Sharecast News) - Vape manufacturer Chill Brands announced on Tuesday that it has reinstated its suspended CEO and shaken up its board following a shareholder vote to oust two directors. Read More
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Blackstone in exclusive talks to buy Village Hotels - report
Tuesday 04 Jun 2024
(Sharecast News) - Private equity firm Blackstone is reportedly in exclusive talks to buy UK mid-market hotel chain Village Hotels. Read More
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Gooch & Housego reports sharp fall in H1 profits
Tuesday 04 Jun 2024
(Sharecast News) - Gooch & Housego shares were under pressure on Tuesday after the AIM-listed manufacturer reported a sharp drop in profits in its first half - though full-year guidance was unchanged. Read More
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Home Reit tenant Noble Tree enters administration
Tuesday 04 Jun 2024
(Sharecast News) - Troubled real estate investment trust Home Reit said on Tuesday that homelessness charity Noble Tree Foundation - a tenant of 143 properties in its portfolio - has entered into admi... Read More
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Maersk lifts guidance again as freight costs continue to rise
Tuesday 04 Jun 2024
(Sharecast News) - Danish shipping giant Maersk has raised its full-year profits targets by the second time in five weeks as container freight costs continue to rise as a result of the ongoing crisis ... Read More
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Whistleblower claims Standard Chartered broke more Iran sanctions
Tuesday 04 Jun 2024
(Sharecast News) - A former banker at Standard Chartered has accused the UK bank of carrying out more than $100bn of undetected transactions that breached sanctions against Iran. Read More
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Synectics trades 'comfortably in line' with expectations
Tuesday 04 Jun 2024
(Sharecast News) - Security and surveillance systems business Synectics said on Tuesday that year-to-date trading was "comfortably in line with market expectations" and that its cash position remained... Read More
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Ceres Power awarded further contract for collaboration with Shell
Tuesday 04 Jun 2024
(Sharecast News) - Fuel cell technology developer Ceres Power has been awarded a further contract for the second phase of its collaboration with Shell. Read More
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Mission Group evaluating improved offer from Brave Bison
Tuesday 04 Jun 2024
(Sharecast News) - Digital marketing firm Mission Group said on Tuesday that it was evaluating an increased takeover proposal from rival Brave Bison but that it still believes it does not reflect its ... Read More
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