Company News
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Tesla cuts production at China plant - report
Friday 22 Mar 2024
(Sharecast News) - Tesla has reportedly cut production at its plant in China amid sluggish growth in electric vehicle sales and intense competition in the world's biggest auto market. Read More
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Shares in Galderma jump on market debut
Friday 22 Mar 2024
(Sharecast News) - Shares in Switzerland's Galderma jumped on Friday, as trading got underway in the dermatology specialist. Read More
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Elliott Management takes 5% stake in Scottish Mortgage
Friday 22 Mar 2024
(Sharecast News) - US activist investor Elliott Management has taken a 5% stake in Scottish Mortgage Investment Trust. Read More
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Legal & General scales back China plans - report
Friday 22 Mar 2024
(Sharecast News) - UK insurer and asset manager Legal & General Group has scaled back its plans for China, it was reported on Friday. Read More
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Santander on track to return €6bn to shareholders
Friday 22 Mar 2024
(Sharecast News) - Spain's Banco Santander said on Friday it was on track to return more than €6bn to shareholders in 2024, following a strong start to the year. Read More
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FedEx shares hit three-year high after Q3 beat, $5bn buyback plan
Friday 22 Mar 2024
(Sharecast News) - FedEx shares were soaring in pre-market trade on Friday after the delivery and logistics giant lifted its 2024 guidance and unveiled plans to buy back $5bn of shares following a bet... Read More
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Bahrain's Mumtalakat fund takes control of McLaren - report
Friday 22 Mar 2024
(Sharecast News) - The sovereign wealth fund of Bahrain has taken full ownership of supercar manufacturer McLaren, according to Sky News. Read More
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888 shares rise as Gambling Commission finishes licence review
Friday 22 Mar 2024
(Sharecast News) - Gambling operator 888 Holdings announced on Friday that it has received notice from the Gambling Commission that it had completed its review of the group's operating licences under ... Read More
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Froth comes off Wetherspoon despite jump in first-half profit
Friday 22 Mar 2024
(Sharecast News) - Shares in JD Wetherspoon tanked on Friday despite the UK pub chain reporting surging interim profits as trading continued to improve from the impact of the Covid pandemic, with like... Read More
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Phoenix Group jumps on strong results as it sets out strategy
Friday 22 Mar 2024
(Sharecast News) - Phoenix Group announced robust set of results for 2023 on Friday, with total cash generation of £2.024bn exceeding its upgraded target of £1.8bn for the year. Read More
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Computacenter chair to step down after five years
Friday 22 Mar 2024
(Sharecast News) - Computacenter's chair of five years Peter Ryan has announced his intention to step down from the head of the board, the tech services company said on Friday. Read More
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Aston Martin Lagonda appoints Bentley's Adrian Hallmark as CEO
Friday 22 Mar 2024
(Sharecast News) - Aston Martin Lagonda on Friday announced Bentley Motors boss Adrian Hallmark would join the luxury car maker as chief executive officer by October this year. Read More
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James Fisher shares jump on RMS disposal
Friday 22 Mar 2024
(Sharecast News) - Shares in James Fisher and Sons surged on Friday after the marine, oil and gas services group announced the sale of its RMSpumptools division to US oilfield tech firm ChampionX for ... Read More
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Intercede lifts FY outlook on new order, 'strong' trading
Friday 22 Mar 2024
(Sharecast News) - Intercede said on Friday that its full-year performance was set to be ahead of market expectations following an order for a new licence test environment and further "strong" trading... Read More
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KKR Dark Aggregator sells 19.4m Darktrace shares in placing
Friday 22 Mar 2024
(Sharecast News) - Jefferies said on Friday that KKR Dark Aggregator sold 19.4m shares in cybersecurity firm Darktrace in a placing. Read More
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CMA warns Vodafone, Three deal will face full probe if solutions not given
Friday 22 Mar 2024
(Sharecast News) - Vodafone and Three UK have been told to find ways to assuage Britain's competition regulator that their planned $19bn merger would not leave consumers worse off or face a full inves... Read More
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Portugal's Navigator to buy UK loo roll maker Accrol in £127.5m deal
Friday 22 Mar 2024
(Sharecast News) - AIM-listed toilet paper maker Accrol said on Friday that it has agreed to be bought by Portuguese paper firm Navigator in a £127.5m deal. Read More
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Computacenter reports record year but warns of challenging 2024
Friday 22 Mar 2024
(Sharecast News) - Computacenter delivered another record year of revenues and adjusted profits with gross invoiced income topping the £10bn mark, but said that trading conditions at the start of this... Read More
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Next shares gain on guidance hold, 5% profit rise
Thursday 21 Mar 2024
(Sharecast News) - Shares in UK fashion retailer Next jumped on Thursday as it held guidance for 2024 after posting a better-than-expected 5% rise in annual profits and flagged lower prices for custom... Read More
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KKR Dark Aggregator to sell 2.5% stake in Darktrace in placing
Thursday 21 Mar 2024
(Sharecast News) - Jefferies said on Thursday that KKR Dark Aggregator plans to sell a stake of around 2.5% in cybersecurity firm Darktrace in a placing to institutional investors. Read More
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