Company News
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Hunting reports rise in earnings, flags some cash challenges
Wednesday 17 Apr 2024
(Sharecast News) - Oil services provider Hunting said in a trading update on Wednesday that it had surpassed expectations for first-quarter EBITDA, which rose to $28.9m from $22.4m a year earlier, alt... Read More
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Workspace Group reports resilient fourth quarter
Wednesday 17 Apr 2024
(Sharecast News) - Office space provider Workspace Group reported resilient customer demand in an update on Wednesday, having completed 343 new lettings in its fourth quarter and boasting a total annu... Read More
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GSK posts promising results from gonorrhoea treatment trial
Wednesday 17 Apr 2024
(Sharecast News) - GSK unveiled encouraging outcomes from a pivotal phase three trial on Wednesday, on the potential of gepotidacin as an oral treatment for uncomplicated urogenital gonorrhoea (GC), a... Read More
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Antofagasta reports 11% drop in first-quarter output
Wednesday 17 Apr 2024
(Sharecast News) - Copper miner Antofagasta said output fell in the first quarter due to lower grades and maintenance activities at two of its main projects, while the cost of production rose. Read More
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De Beers diamond sales fall in cautious market
Wednesday 17 Apr 2024
(Sharecast News) - Provisional rough diamond sales from Anglo-American's De Beers' unit fell to $445m in the third sales cycle compared with $542m a year ago amid a subdued market. Read More
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Entain sees 'strong' performance in many markets during Q1
Wednesday 17 Apr 2024
(Sharecast News) - Entain reported an in line performance for its first quarter. Read More
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Rio Tinto holds guidance despite lower Q1 iron ore production
Wednesday 17 Apr 2024
(Sharecast News) - Mining giant Rio Tinto on Wednesday held annual production guidance, despite a sharp fall in first-quarter iron ore shipments and production. Read More
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Wednesday preview: UK CPI, BoE's Bailey in focus
Wednesday 17 Apr 2024
(Sharecast News) - Investors' focus in the middle of the week will be on consumer price data due out on either side of the Channel. Read More
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Tatton Asset Management reports record full-year net inflows
Tuesday 16 Apr 2024
(Sharecast News) - Tatton Asset Management reported record net inflows for the financial year just ended in an update on Tuesday, of £2.3bn, equivalent to 18.1% of its opening assets under management. Read More
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Morgan Stanley shares rise as Q1 profits top forecasts
Tuesday 16 Apr 2024
(Sharecast News) - Shares in American banking giant Morgan Stanley rose strongly on Tuesday after the company beat forecasts with a 13% increase in first-quarter profits. Read More
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Easyjet suspends flights to Israel until October
Tuesday 16 Apr 2024
(Sharecast News) - Budget carrier easyJet on Tuesday said it had suspended flights to Tel Aviv until October 27 after Iran's missile and drone attack against Israel on Saturday night. Read More
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Bank of America upbeat despite profits slide
Tuesday 16 Apr 2024
(Sharecast News) - Bank of America said it had seen a "strong" first quarter on Tuesday, despite posting a sharp fall in profits. Read More
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Ericsson sees sales stabilising, shares spark
Tuesday 16 Apr 2024
(Sharecast News) - Shares in Ericsson rallied on Tuesday, after the Swedish telecoms group posted above-forecast quarterly numbers and said it expected sales to stabilise in the second half. Read More
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Sosandar FY revenues grow, expects 'marginal loss'
Tuesday 16 Apr 2024
(Sharecast News) - British fashion brand Sosandar detailed year-on-year revenue growth on Tuesday but said it still expects to report a "marginal loss" for the year. Read More
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Cyanconnode FY revenues to 'materially exceed' market expectations
Tuesday 16 Apr 2024
(Sharecast News) - Narrowband radio mesh networks business Cyanconnode said on Tuesday that full-year revenues were expected to "materially exceed" market expectations. Read More
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Cinema chain Everyman delivers strong results, expects further growth in 2024
Tuesday 16 Apr 2024
(Sharecast News) - Shares in Everyman Media jumped on Tuesday after the upmarket cinema chain released its 2023 results, showing a double-digit rise in revenues and profits, with further growth expect... Read More
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System1 revenues grow YOY
Tuesday 16 Apr 2024
(Sharecast News) - Software group System1 said on Tuesday that revenues had grown year-on-year, buoyed by the successful launch of its TYA Pro+ offering and strong platform revenue growth in the US. Read More
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International Paper to snap up DS Smith in £7.8bn deal
Tuesday 16 Apr 2024
(Sharecast News) - International Paper has agreed to buy British rival DS Smith in a £7.8bn all-share deal, it was confirmed on Tuesday. Read More
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Eleco acquires Vertical Digital companies
Tuesday 16 Apr 2024
(Sharecast News) - Software provider Eleco has acquired the Vertical Digital group of companies in a deal worth as much as €1.55m. Read More
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Marks Electrical delivers record FY revenues
Tuesday 16 Apr 2024
(Sharecast News) - Electrical retailer Marks Electrical Group said on Tuesday that it had delivered record full-year revenues in the 12 months ended 31 March, driven by increased market share. Read More
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