Company News
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Ashmore assets under management broadly stable
Friday 07 Feb 2025
(Sharecast News) - Ashmore Group reported broadly stable assets under management at $48.8bn for the six months ended 31 December on Friday, as improved net flows and reduced redemptions helped to offs... Read More
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Victrex holds guidance but warns of subdued medical revenues
Friday 07 Feb 2025
(Sharecast News) - Polymers maker Victrex held guidance after a solid first-quarter performance saw revenues rise 9% but warned trading conditions remain mixed, with medical sales still subdued, drive... Read More
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L&G to sell US protection business to Meiji Yasuda for $2.3bn
Friday 07 Feb 2025
(Sharecast News) - Legal & General is to sell its US protection business to Japanese peer Meiji Yasuda in a $2.3bn deal that will see the latter take a 5% stake in UK financial services group. Read More
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UK retail footfall jumps in January, despite wintery weather
Friday 07 Feb 2025
(Sharecast News) - Retail footfall jumped in January, industry data showed on Friday, as shoppers braved winter weather to hit the January sales. Read More
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Serco secures £1bn MoD contract
Thursday 06 Feb 2025
(Sharecast News) - Serco said on Thursday that it has been awarded a contract by the Ministry of Defence to deliver its next-generation recruitment solution for the Royal Navy, the British Army, the R... Read More
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Director dealings: Speedy Hire CFO ups stake
Thursday 06 Feb 2025
(Sharecast News) - Speedy Hire revealed on Thursday that chief financial officer Paul Rayner had acquired 12,500 ordinary shares in the London-listed equipment hire firm. Read More
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Zenova Group expands into Spanish market
Thursday 06 Feb 2025
(Sharecast News) - Zenova Group announced its expansion into the Spanish market on Thursday, with a new distributor and an initial order worth nearly £25,000 covering multiple product categories. Read More
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Watches of Switzerland backs FY guidance after 'good' holiday trading
Thursday 06 Feb 2025
(Sharecast News) - Watches of Switzerland backed its full-year guidance on Thursday as it said trading in the 13 weeks to 26 January was in line with its expectations. Read More
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Vertu Motors warns FY profits will miss expectations, shares tank
Thursday 06 Feb 2025
(Sharecast News) - Vertu Motors tanked on Thursday as it warned that full-year adjusted pre-tax profit would be "significantly below" current market expectations as the UK government's zero emissions ... Read More
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Comptoir brings back former CEO Hanna
Thursday 06 Feb 2025
(Sharecast News) - Comptoir Group announced the formal appointment of Chaker Hanna as its chief executive officer on Thursday, effective immediately. Read More
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Smoke-free products help Philip Morris top Q4 forecasts
Thursday 06 Feb 2025
(Sharecast News) - Strong sales of vapes and nicotine pouches helped tobacco giant Philip Morris International beat forecasts with its fourth-quarter results on Thursday, as the manufacturer posted fu... Read More
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Peloton raises full-year guidance after Q2 beat
Thursday 06 Feb 2025
(Sharecast News) - Peloton's share price raced ahead on Thursday after the fitness equipment maker impressed with a strong set of second-quarter sales figures an upgrade to full-year forecasts. Read More
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Ralph Lauren lifts guidance, shares spike
Thursday 06 Feb 2025
(Sharecast News) - Fashion brand Ralph Lauren lifted annual revenue guidance after reporting better-than-expected third quarter earnings, as wealthy customers splashed out on its range of clothing, se... Read More
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Marks & Spencer clothing boss Richard Price to depart
Thursday 06 Feb 2025
(Sharecast News) - Marks & Spencer said on Thursday Richard Price, managing director of clothing, home & beauty since 2020, will be leaving the retailer to pursue a portfolio career. Read More
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TPXimpact revises outlook amid macro challenges
Thursday 06 Feb 2025
(Sharecast News) - TPXimpact said in an update on Thursday that trading in the third quarter of its 2025 financial year met management expectations, with profitability and margins in line with forecas... Read More
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Bristol Myers Squibb delivers solid Q4 performance, FY25 guidance disappoints
Thursday 06 Feb 2025
(Sharecast News) - Shares in pharmaceutical giant Bristol Myers Squibb headed south in early trading as its solid Q4 revenue performance was offset by FY25 guidance that fell short of Wall Street expe... Read More
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Babcock shares jump as annual profit, revenue guidance lifted
Thursday 06 Feb 2025
(Sharecast News) - Shares in Babcock spiked on Thursday as the UK defence contractor upgraded full-year expectations on the back of double-digit organic growth in its nuclear operations and strong gro... Read More
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Weight-loss drugs swell revenues at Eli Lilly
Thursday 06 Feb 2025
(Sharecast News) - Eli Lilly and Company posted a surge in fourth-quarter revenues on Thursday, fuelled by strong demand for its blockbuster diabetes and weight-loss drugs. Read More
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Lifesafe underlying losses narrow in FY24
Thursday 06 Feb 2025
(Sharecast News) - Fire safety technology firm Lifesafe said on Thursday that its FY24 trading performance was set to be in line with internal expectations. Read More
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Bank of England cuts rates to 4.5%
Thursday 06 Feb 2025
(Sharecast News) - The Bank of England trimmed interest rates by a quarter point on Thursday, as widely expected. Read More
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