Company News
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Renishaw lowers upper end of FY revenue, profit guidance
Wednesday 08 May 2024
(Sharecast News) - Technical instruments maker Renishaw on Wednesday lowered the upper end of full-year guidance amid what it described as "mixed" markets as earnings fell over the first nine months o... Read More
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Informa ups buyback after strong start to 2024
Wednesday 08 May 2024
(Sharecast News) - B2B events, publishing and data group Informa has lifted its share buyback programme by 50% after announcing a strong operating performance for the first four months of the year, wi... Read More
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Director dealings: Dunelm non-executive director makes share purchase
Tuesday 07 May 2024
(Sharecast News) - Dunelm revealed on Tuesday that non-executive director Ajay Kavan had acquired 2,471 shares in the FTSE 250-listed homewares retailer. Read More
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Asia Dragon shares surge on Ashoka merger proposal
Tuesday 07 May 2024
(Sharecast News) - Shares in the Abrdn-run Asia Dragon Trust spiked on Tuesday after the £35m Ashoka Whiteoak Emerging Markets made a merger approach for its much larger rival. Read More
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MTI Wireless Edge secures orders with Israeli customers
Tuesday 07 May 2024
(Sharecast News) - Technology group MTI Wireless Edge has received three orders totalling approximately $3.0m, most of which will be supplied in the current financial year. Read More
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First-quarter losses surge at Spirit AeroSystems
Tuesday 07 May 2024
(Sharecast News) - Losses at Spirit AeroSystems Holdings soared in the first quarter, the Boeing supplier confirmed on Tuesday, as production slowed and inventory built up. Read More
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Disney's streaming arm posts maiden profit
Tuesday 07 May 2024
(Sharecast News) - The Walt Disney Company's entertainment streaming arm swung to profit in the last quarter, the US giant confirmed on Tuesday, the first time since the 2019 launch of Disney+. Read More
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Carpetright axing more than 25% of head office staff - report
Tuesday 07 May 2024
(Sharecast News) - Carpet retailer Carpetright is reportedly axing more than 25% of its head office staff as it grapples with a protracted downturn in trading. Read More
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AdvT to acquire Celaton amid robust trading
Tuesday 07 May 2024
(Sharecast News) - Business software and solutions specialist AdvancedAdvT announced an agreement to acquire Celaton on Tuesday, in a deal valued at £5m net of cash acquired. Read More
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BP in $1.75bn buyback as Q1 profits fall on weaker prices, margins
Tuesday 07 May 2024
(Sharecast News) - BP reported a worse-than-expected fall in first-quarter profit on the back of lower oil and gas prices, an outage at a US refinery and "significantly weaker" fuels margins as it als... Read More
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Abingdon Health acquires IVDeology in £0.7m deal
Tuesday 07 May 2024
(Sharecast News) - Lateral flow contract research, development and manufacturing provider Abingdon Health announced the acquisition of IVDeology and its subsidiaries on Tuesday, for up to £0.7m. Read More
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Aferian extends maturity dates on bank facilities, shareholder loan
Tuesday 07 May 2024
(Sharecast News) - Video streaming specialist Aferian announced an extension of the maturity dates for its senior loan facilities and shareholder loan on Tuesday. Read More
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Totally flags solid full-year performance in challenging market
Tuesday 07 May 2024
(Sharecast News) - Healthcare services provider Totally said in an update on Tuesday that despite a challenging market environment, it had seen a solid performance in the financial year just ended tha... Read More
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Seeing Machines reports strong third quarter
Tuesday 07 May 2024
(Sharecast News) - Shares in driver monitoring technology company Seeing Machines were rising on Tuesday, after it reported a strong set of performance indicators for its third quarter. Read More
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Nexxen launches $50m share buyback programme
Tuesday 07 May 2024
(Sharecast News) - Connected television advertising technology company Nexxen International announced the start of a new share repurchase programme of up to $50m on Tuesday. Read More
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Northern Bear trades well despite 'significantly higher rainfall than normal' in H2
Tuesday 07 May 2024
(Sharecast News) - Building and support services business Northern Bear said on Tuesday that it has continued to trade well over the six months ended 31 March despite a "significantly higher rainfall ... Read More
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Revolution Bars in talks with 32 potential buyers
Tuesday 07 May 2024
(Sharecast News) - Revolution Bars said on Tuesday that it is in talks with more than 30 potential suitors in the search for a buyer to rescue the business. Read More
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Octopus Energy valuation tops £7bn - report
Tuesday 07 May 2024
(Sharecast News) - Octopus Energy has been valued at more than £7bn, it was reported on Tuesday, after two investors upped their stakes in the UK supplier. Read More
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SEEIT sells UU Solar portfolio for £90.8m
Tuesday 07 May 2024
(Sharecast News) - SDCL Energy Efficiency Income Trust (SEEIT) announced the sale of its UK onsite solar portfolio, UU Solar, to UK Power Networks Services on Tuesday, for £90.8m. Read More
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Solid State wins $5.1m contract with US customer
Tuesday 07 May 2024
(Sharecast News) - Value-added electronics group Solid State has secured a $5.1m order for an internet-of-things technology solution with a US customer supplied by Solsta, its components division. Read More
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