Company News
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Close Brothers reports stable Q1 amid motor finance uncertainty
Thursday 21 Nov 2024
(Sharecast News) - Close Brothers reported a stable first-quarter performance in an update on Thursday, supported by growth in its banking division and disciplined cost management, despite headwinds f... Read More
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PZ Cussons sees H1 sales growth of 5% as trading in line
Thursday 21 Nov 2024
(Sharecast News) - Personal healthcare product maker PZ Cussons on Thursday said it expected first-half like-for-like revenue growth of 5%, with trading in line with expectations since its annual resu... Read More
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Investec profits rise through improved cost efficiency
Thursday 21 Nov 2024
(Sharecast News) - Investec reported a 7.6% rise in adjusted operating profit to £474.7m for the six months ended 30 September on Thursday, driven by revenue growth of 5.6% to £1.1bn and improved cost... Read More
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Mitie hails record contract wins as H1 profits rise
Thursday 21 Nov 2024
(Sharecast News) - Mitie reported a jump in first-half profits and revenue on Thursday as it hailed record contract wins and renewals. Read More
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Halma ups dividend as first-half revenues top £1bn
Thursday 21 Nov 2024
(Sharecast News) - Safety equipment and hazard detection products group Halma has raised its interim dividend by 7% after a record first-half performance which saw sales top the £1bn mark, as it retai... Read More
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Frasers Group and Boohoo in fresh clash over Kamani
Thursday 21 Nov 2024
(Sharecast News) - Frasers Group, the largest shareholder in Boohoo with a 28.01% stake, intensified its call for the removal of Boohoo's executive chairman Mahmud Kamani on Thursday. Read More
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IDS returns to profit as Royal Mail losses shrink
Thursday 21 Nov 2024
(Sharecast News) - Postal and courier giant International Distribution Services returned to an adjusted operating profit in the first half, as revenues increased across the group and losses at Royal M... Read More
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Xaar CFO Ian Tichias resigns
Wednesday 20 Nov 2024
(Sharecast News) - Inkjet printing technology group Xaar said on Wednesday that chief financial officer Ian Tichias has resigned "to pursue other opportunities". Read More
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Company veteran named chief scientific officer at Pfizer
Wednesday 20 Nov 2024
(Sharecast News) - Pfizer has appointed company insider Chris Boshoff as its new chief scientific officer, the US drugs giant confirmed on Wednesday. Read More
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Tokyo metro operator grabs Elizabeth Line contract from China's MTR
Wednesday 20 Nov 2024
(Sharecast News) - Tokyo's metro system operator, Japanese trading company Sumitomo and Britain's Go-Ahead Group have won a contract to operate London's troubled Elizabeth Line, taking over from China... Read More
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Director dealings: Sirius CEO invests, TBC Bank executive sells shares
Wednesday 20 Nov 2024
(Sharecast News) - Sirius Real Estate disclosed a number of share transactions involving its chief executive officer Andrew Coombs, and a person closely associated (PCA) with him, Sharon Clarke-Wills,... Read More
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E.ON must pay £14.5m over billing failures - Ofgem
Wednesday 20 Nov 2024
(Sharecast News) - E.ON has been fined £14.5m by the UK watchdog for "unacceptable" billing failures during the cost of living crisis, it was announced on Wednesday. Read More
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Silverbullet wins £1.5m worth of new contracts
Wednesday 20 Nov 2024
(Sharecast News) - Silverbullet reported strong trading in its fourth quarter on Wednesday, marked by record-breaking performance in October and new contracts worth £1.5m. Read More
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Poolbeg Pharma granted new US patent
Wednesday 20 Nov 2024
(Sharecast News) - Clinical-stage biopharmaceutical company Poolbeg Pharma announced on Wednesday that it has been granted a US patent for its 'Immunomodulator I' application. Read More
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Coats holds guidance on strong sales, targets 18% op margin
Wednesday 20 Nov 2024
(Sharecast News) - Industrial thread maker Coats said it expected full-year results to be in line with expectations and forecast an operating margin of around 18%, driven by strong sales growth. Read More
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Target shares sink after big Q3 earnings miss
Wednesday 20 Nov 2024
(Sharecast News) - Shares of Target plunged by nearly a fifth in pre-market trading on Wednesday after the American discount retail chain missed third-quarter profit forecasts by a wide margin and low... Read More
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Santander puts aside £295m to cover possible motor finance claims
Wednesday 20 Nov 2024
(Sharecast News) - Profits tumbled at Banco Santander's UK business, the Spanish lender confirmed on Wednesday, after it set aside nearly £300m to cover potential costs relating to an industry-wide pr... Read More
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Equals announces another extension to takeover deadline
Wednesday 20 Nov 2024
(Sharecast News) - Equals Group announced another extension to the 'put up or shut up' (PUSU) deadline on Wednesday, for a potential all-cash acquisition by a consortium led by Embedded Finance (Rails... Read More
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Tracsis confident after year of transformation
Wednesday 20 Nov 2024
(Sharecast News) - Transport technology specialist Tracsis reported full-year revenue of £81m on Wednesday, a slight 1% decline, while adjusted EBITDA fell 20% to £12.8m, resulting in an EBITDA marg... Read More
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Greencoat Renewables sells Kokkoneva wind farm for 6pc premium
Wednesday 20 Nov 2024
(Sharecast News) - Greencoat Renewables announced on Wednesday that it has finalised the sale of its 43.2 MW Kokkoneva wind farm in Finland to Aneo, a Norwegian renewable energy company and one of the... Read More
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