Company News
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Fourth-quarter sales disappoint at Reckitt, shares slide
Wednesday 28 Feb 2024
(Sharecast News) - Shares in Reckitt Benckiser Group tumbled on Wednesday, after fourth-quarter sales missed expectations. Read More
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Derwent upgrades lettings guidance despite wider full-year loss
Wednesday 28 Feb 2024
(Sharecast News) - Derwent London reporting a robust lettings performance in its 2023 results on Wednesday, despite reporting a wider loss, as it upgraded its guidance for the new financial year. Read More
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Primary Health Properties rental income grows, ups FY dividend
Wednesday 28 Feb 2024
(Sharecast News) - Real estate investor Primary Health Properties said on Wednesday that rental income had risen in the ended 31 December, leading the group to hike its final dividend payout. Read More
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Segro raises £907m in placing to pursue growth opportunities
Wednesday 28 Feb 2024
(Sharecast News) - Real estate investment trust Segro said on Wednesday that it had raised gross proceeds of £907m in a placing to pursue additional growth opportunities. Read More
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HICL sells stake in US toll-road project for $232m, unveils £50m buyback
Wednesday 28 Feb 2024
(Sharecast News) - HICL said it had was selling its entire stake in the US Northwest Parkway toll-road project (NWP) to VINCI Highways for $232m and starting a £50m share buyback with the proceeds. Read More
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Halfords shares tank as weak consumer backdrop leads to profit warning
Wednesday 28 Feb 2024
(Sharecast News) - Shares in auto and bike parts retailer Halfords plummeted on Wednesday after the company delivered a surprise profit warning with just one month to go before the end of its financia... Read More
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Drax secures capacity deals, faces fresh sourcing scrutiny
Wednesday 28 Feb 2024
(Sharecast News) - Drax Group announced provisional agreements secured through the recent T-4 capacity market auctions on Wednesday, as it also faced fresh scrutiny over its sourcing practices. Read More
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Just Eat guides to strong profit growth in 2024
Wednesday 28 Feb 2024
(Sharecast News) - Takeaway group Just Eat delivered adjusted profits ahead of its own forecasts for 2023 and predicted a 39% jump in earnings this year as gross transaction value (GTV) excluding Nort... Read More
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Vodafone to sell Italian operations to Swisscom for €8bn
Wednesday 28 Feb 2024
(Sharecast News) - Vodafone has confirmed media speculation that it intends to sell its Italian operations to Swiss telecoms group Swisscom for an enterprise value of €8bn. Read More
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Segro to raise £800m in placing to pursue growth opportunities
Tuesday 27 Feb 2024
(Sharecast News) - Real estate investment trust Segro said on Tuesday that it was planning to raise around £800m in a placing to pursue additional growth opportunities. Read More
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Barclays to sell $1.1bn of card debt to Blackstone
Tuesday 27 Feb 2024
(Sharecast News) - Barclays has agreed to sell around $1.1bn of credit-card receivables in the US to Blackstone as it looks to reduce its risk-weighted assets and create additional lending capacity. Read More
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Director dealings: Hargreaves Lansdown chair raises stake
Tuesday 27 Feb 2024
(Sharecast News) - Hargreaves Lansdown revealed on Tuesday that chairperson Alison Platt had acquired 18,696 ordinary shares in the FTSE 250-listed financial services company. Read More
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Fusion Antibodies gets first order under new services agreement
Tuesday 27 Feb 2024
(Sharecast News) - Fusion Antibodies announced the receipt of its first purchase order under a master services agreement on Tuesday, which it agreed with a prominent diagnostics company on 14 February... Read More
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Ocean Harvest granted patent covering OceanFeed benefits
Tuesday 27 Feb 2024
(Sharecast News) - Ocean Harvest Technology announced the granting of a second patent on Tuesday, covering various claims related to the benefits of its 'OceanFeed' product. Read More
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Oracle Power launches two studies at Jhimpir site
Tuesday 27 Feb 2024
(Sharecast News) - Oracle Power announced on Tuesday that, alongside its joint venture company Oracle Energy, it had initiated a geotechnical study and an electrical resistivity survey (ERS) for the p... Read More
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SkinBioTherapeutics reports positive interim acne study findings
Tuesday 27 Feb 2024
(Sharecast News) - Life science company SkinBioTherapeutics reported encouraging interim findings from its ongoing AxisBiotix acne food supplement study featuring its lead formulation on Tuesday. Read More
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Norwegian projects bumper first quarter as cruise demand surges
Tuesday 27 Feb 2024
(Sharecast News) - Norwegian Cruise Line projected a promising first-quarter profit on Tuesday, buoyed by robust demand and increased ticket prices. Read More
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Currys rejects sweetened takeover approach from Elliott Advisors
Tuesday 27 Feb 2024
(Sharecast News) - Currys confirmed on Tuesday that it had received and rejected a sweetened takeover approach from US investment firm Elliott Advisors. Read More
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Silver Bullet Data extends contract with Mars Petcare US
Tuesday 27 Feb 2024
(Sharecast News) - Digital solutions company Silver Bullet Data Services said on Tuesday that it has secured an extended contract with Mars Petcare US. Read More
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Shein considers switching IPO from New York to London
Tuesday 27 Feb 2024
(Sharecast News) - Fast fashion retailer Shein was said to be looking at switching its proposed $90.0bn initial public offering from New York to London as a result of regulatory hurdles to the listing... Read More
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