Company News
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Sondrel talks over capital injection at 'advanced' stage
Friday 01 Mar 2024
(Sharecast News) - Semiconductor designer and consultant Sondrel updated the market on its ongoing discussions with a potential capital provider on Friday, to address its immediate working capital nee... Read More
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R&Q says divestment is on track after press speculation
Friday 01 Mar 2024
(Sharecast News) - R&Q Insurance Holdings responded to fresh press speculation on its plans on Friday, confirming that it was still on track to finalise the sale of its Accredited business. Read More
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4basebio inks significant DNA supply contract
Friday 01 Mar 2024
(Sharecast News) - 4basebio announced a significant contract through a competitive tender process on Friday, to provide research and GMP-grade synthetic DNA for the advancement of RNA therapeutics and... Read More
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Ryanair cuts back schedule amid Boeing 737 MAX delays
Friday 01 Mar 2024
(Sharecast News) - Ryanair confirmed further setbacks in its aircraft delivery schedule on Friday, after Boeing announced a reduced number of 737 MAX-8200 deliveries. Read More
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Orchard Funding shares fall on 'instance of fraud'
Friday 01 Mar 2024
(Sharecast News) - Finance group Orchard Funding warned on Friday that it had "suffered an instance of fraud", arising from dealings with a fraudulent introducer. Read More
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Rightmove FY profits grow, customer numbers to ease
Friday 01 Mar 2024
(Sharecast News) - Real estate property portal operator Rightmove said on Friday that profits had risen in 2023 and guided for further revenue growth in 2024 despite warning that customer numbers were... Read More
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Deadline for Superdry takeover bid extended
Friday 01 Mar 2024
(Sharecast News) - Superdry said on Friday that the Takeover Panel has agreed to extend the "put up or shut up" deadline for co-founder and chief executive Julian Dunkerton to either announce a firm i... Read More
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Tritax reports solid profit growth in 2023
Friday 01 Mar 2024
(Sharecast News) - Tritax Big Box, the logistics-focused real estate group currently undergoing a potential £900m all-share merger with UK Commercial Property Reit (UKCM), delivered a small increase f... Read More
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Babcock secures £500m UK submarine contract
Friday 01 Mar 2024
(Sharecast News) - Babcock International has secured a significant contract with the UK's Submarine Delivery Agency (SDA), it announced on Friday, valued at £560m. Read More
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Wincanton board backs £762m takeover approach from GXO
Friday 01 Mar 2024
(Sharecast News) - Wincanton said on Friday that its board is now backing a £762m takeover approach by Clipper Logistics owner GXO Logistics, withdrawing previous support for an offer by CEVA Logistic... Read More
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Pearson FY profits jump on strong demand for English courses
Friday 01 Mar 2024
(Sharecast News) - UK educational publisher Pearson said it expected 2024 earnings to be in line with expectations after reporting a rise in annual profits driven by strong demand for its English lang... Read More
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ITV sells stake in BritBox International to BBC Studios for £255m
Friday 01 Mar 2024
(Sharecast News) - ITV said on Friday that it has sold its entire 50% stake in streaming service BritBox International to its joint venture partner BBC Studios for £255m in cash. Read More
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IMI sees higher earnings as 2023 profits jump 12%
Friday 01 Mar 2024
(Sharecast News) - Specialist engineer IMI on Friday reported a 12% jump in full-year profits and forecast higher earnings this year driven by a strong order book. Read More
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Smiths Group sells £70m of ICU Medical shares
Friday 01 Mar 2024
(Sharecast News) - Engineering firm Smiths Group has sold a third of its stake in US-listed IV therapy specialist ICU Medical for £70m. Read More
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Heavy rainfall sees retail footfall plummet
Friday 01 Mar 2024
(Sharecast News) - Retail footfall plunged last month, industry data showed on Friday, as the unusually wet weather kept shoppers at home. Read More
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Friday preview: Global factory PMIs, Rightmove in focus
Thursday 29 Feb 2024
(Sharecast News) - All eyes at the end of the week will be on a raft of factory sector survey results for the month of February due out across the world. Read More
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Weaker margins dampen a strong Q1 for Birkenstock
Thursday 29 Feb 2024
(Sharecast News) - US-listed shares in Birkenstock dropped in New York on Thursday despite the German sandal maker beating analysts' forecasts with its first fiscal quarter results, as adjusted profit... Read More
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Sainsbury's to axe 1,500 jobs in cost-cutting drive
Thursday 29 Feb 2024
(Sharecast News) - Supermarket chain Sainsbury's said on Thursday that it's planning to cut around 1,500 jobs, as it looks to reduce costs and focus on food. Read More
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Power Metal Resources agrees to buy 75pc of GSAe
Thursday 29 Feb 2024
(Sharecast News) - Power Metal Resources announced an agreement with GSA Environmental (GSAe), on Thursday, under which it would acquire 75% of GSAe's entire issued share capital under binding heads o... Read More
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Blackbird raises £1.05m to advance cloud editing platform
Thursday 29 Feb 2024
(Sharecast News) - Cloud video editing technology specialist Blackbird raised £1.05m on Thursday, to invest into its elevate.io content creation product. Read More
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