Company News
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Johnson Matthey sells medical parts unit for $700m
Wednesday 20 Mar 2024
(Sharecast News) - Johnson Matthey is selling its medical device components business to Montagu Private Equity for $700m (£550m), the company said on Wednesday. Read More
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Wednesday preview: US Federal Reserve, Ceres Power in the spotlight
Tuesday 19 Mar 2024
(Sharecast News) - All eyes on Wednesday will be on the U.S. central bank. Read More
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Director dealings: Sthree CEO offloads shares
Tuesday 19 Mar 2024
(Sharecast News) - Sthree revealed on Tuesday that chief executive Timo Lehne had disposed of 31,017 ordinary shares in the FTSE 250-listed staffing business. Read More
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Ted Baker to appoint administrators
Tuesday 19 Mar 2024
(Sharecast News) - Fashion brand Ted Baker is set to call in administrators, it emerged on Tuesday. Read More
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Personal Group signs deal with unnamed global airline
Tuesday 19 Mar 2024
(Sharecast News) - Personal Group announced a landmark contract signing by its pay and reward division on Tuesday, with an undisclosed global airline, for its reward consultancy arm Innecto. Read More
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Andrada Mining subsidiary inks financing deal with Bank Windhoek
Tuesday 19 Mar 2024
(Sharecast News) - Andrada Mining announced a financing deal through subsidiary Uis Tin Mining Company (UTMC) Tuesday, with Bank Windhoek. Read More
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Xiaomi trebles profits in fourth quarter, but 2023 sales slip
Tuesday 19 Mar 2024
(Sharecast News) - Adjusted profits at Chinese tech giant Xiaomi more than trebled in its fourth quarter to beat analysts' forecasts, though full-year revenues were down on 2022 as a result of a drop ... Read More
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UAE bid for Telegraph looks over as UK govt mulls full probe of deal
Tuesday 19 Mar 2024
(Sharecast News) - An Abu Dhabi-backed bid for the Telegraph newspaper group looks doomed to fail after the UK government said it was minded to refer the deal to regulators for investigation amid conc... Read More
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Tuesday preview: Bank of Japan, Close Brothers in focus
Tuesday 19 Mar 2024
(Sharecast News) - All eyes will be on the Bank of Japan with some traders banking on an end to its policy of negative interest rates and yield curve control. Read More
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Majestic Wine in talks to buy Vagabond Wines - report
Tuesday 19 Mar 2024
(Sharecast News) - Majestic Wine is reportedly in advanced talks to buy Vagabond Wines, the London-based chain that filed notice of its intention to appoint administrators earlier this month. Read More
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Antofagasta signs $2.5bn loan deal to build Centinela concentrator
Tuesday 19 Mar 2024
(Sharecast News) - Antofagasta said it had secured a loan deal to finance construction of a $2.5bn second concentrator at its Centinela mine in Chile. Read More
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Cohort wins £16m systems contract in Australia
Tuesday 19 Mar 2024
(Sharecast News) - Cohort announced a landmark contract through its subsidiary Chess Dynamics on Tuesday, valued at £15.7m, with BAE Systems Maritime Australia for the provision of the advanced Sea Ea... Read More
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Team Internet acquires Shinez in $42m deal
Tuesday 19 Mar 2024
(Sharecast News) - Digital marketing specialist Team Internet Group announced the acquisition of Shinez and its subsidiaries on Tuesday to strengthen its portfolio and presence in the online marketing... Read More
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Mortgage Advice Bureau maintains dividend after mixed year
Tuesday 19 Mar 2024
(Sharecast News) - Mortgage Advice Bureau said in its final results on Tuesday that despite a challenging environment, it achieved a revenue increase of 3.8% in 2023 to £239.5m, and a notable 11.5% ri... Read More
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Boku profit before tax surges 178pc in 2023
Tuesday 19 Mar 2024
(Sharecast News) - Mobile payments specialist Boku reported a 30% jump in revenue in its 2023 results on Tuesday, to $82.7m, up from $63.8m in the prior year, with significant contributions from digit... Read More
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Fintel earnings rise as it expands through acquisitions
Tuesday 19 Mar 2024
(Sharecast News) - Financial technology and support specialist Fintel reported a 5.6% increase in adjusted EBITDA in its 2023 results on Tuesday, to £20.5m, with a margin improvement to 31.5%. Read More
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Tesco loses appeal over Lidl trademark infringement
Tuesday 19 Mar 2024
(Sharecast News) - Tesco, the UK's largest retailer, faced defeat in an appeal regarding a trademark infringement case brought against it by the privately-held limited assortment discounter Lidl, it e... Read More
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AstraZeneca to buy US-listed Fusion Pharma for $2bn
Tuesday 19 Mar 2024
(Sharecast News) - AstraZeneca said it had agreed to buy biopharmaceutical company Fusion Pharmaceuticals for up to $2bn. Read More
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Midwich reports highest-ever gross profit margin
Tuesday 19 Mar 2024
(Sharecast News) - Audio-visual specialist distributor Midwich Group reported a revenue increase of 7.1% in its full-year results on Tuesday, to £1.29bn, up from £1.2bn in 2022. Read More
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Revenue, earning rise substantially for Yu Group
Tuesday 19 Mar 2024
(Sharecast News) - Corporate gas and electricity provider Yu Group reported a 65% increase in revenue in its final results on Tuesday, to £460m in 2023, up from £278.6m in the prior year. Read More
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