Company News
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American Airlines shares drop as weak outlook overshadows record 2024
Thursday 23 Jan 2025
(Sharecast News) - Shares in American Airlines dropped sharply in pre-market trading on Thursday despite the news of record quarterly and annual sales, as the carrier's outlook for the first quarter d... Read More
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UK watchdog to probe Google, Apple over mobile ecosystems
Thursday 23 Jan 2025
(Sharecast News) - The UK competition watchdog has launched an investigation into Google and Apple's dominance across smartphone ecosystems, it confirmed on Thursday. Read More
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Sainsbury's to cut 3,000 jobs as it closes cafes, hot food counters
Thursday 23 Jan 2025
(Sharecast News) - Sainsbury's said on Thursday that it would be cutting 3,000 jobs, including a 20% reduction of senior management roles, as it closes its remaining patisserie, hot food and pizza cou... Read More
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IQE lifts guidance, shares jump
Thursday 23 Jan 2025
(Sharecast News) - Shares in British semiconductor wafer maker IQE jumped on Thursday after the company reported that 2024 profits would beat expectations. Read More
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Gulf Keystone reports growth in full-year revenue, production
Thursday 23 Jan 2025
(Sharecast News) - Gulf Keystone Petroleum reported growth in revenue, production and shareholder returns in a full-year update on Thursday, with revenue reaching $151m, a 22% increase from the prior ... Read More
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Shepherd Neame launches buyback, reports strong festive sales
Thursday 23 Jan 2025
(Sharecast News) - Kent-based brewer Shepherd Neame has unveiled a £0.5m share buyback programme as it reported strong Christmas trading, helped by record takings from a number of pubs. Read More
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Team17 trades well in H2, changes name to Everplay
Thursday 23 Jan 2025
(Sharecast News) - Games developer Team17 said on Thursday that it had continued to trade well in H224 and announced that it will be rebranding to Everplay Group next month. Read More
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Workspace reports rise in rents, softer occupancy in Q3
Thursday 23 Jan 2025
(Sharecast News) - Workspace Group reported a 1.1% increase in like-for-like rent per square foot to £47.54 for its third quarter on Thursday, reflecting continued pricing momentum despite softer occu... Read More
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Sales fall flat at Chapel Down despite strong Christmas
Thursday 23 Jan 2025
(Sharecast News) - English winemaker Chapel Down reported a dip in full-year sales on Thursday, but said momentum had gathered pace during the second half. Read More
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Puma shares plunge on profit target downgrade
Thursday 23 Jan 2025
(Sharecast News) - Puma shares plunged on Thursday morning, after the German sportswear company reported disappointing earnings and downgraded its profitability targets. Read More
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CMC Markets tumbles after very short update
Thursday 23 Jan 2025
(Sharecast News) - Shares in CMC Markets tumbled on Thursday after the trading platform issued a very brief trading update, saying it remains on track to deliver annual net operating income in line wi... Read More
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Ferrexpo reports end of Kysen legal proceedings
Thursday 23 Jan 2025
(Sharecast News) - Switzerland-based iron ore miner Ferrexpo has announced that legal proceedings against its Ukrainian subsidiary have finally been resolved after 10 months. Read More
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Mortgage Advice Bureau sees FY profit above consensus
Thursday 23 Jan 2025
(Sharecast News) - Shares in Mortgage Advice Bureau sparked on Thursday after the financial services firm said full-year pre-tax profit was set to be above consensus expectations and that it had outpe... Read More
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Revolution Beauty warns on sales, shares tumble
Thursday 23 Jan 2025
(Sharecast News) - Shares in Revolution Beauty plunged on Thursday, after the troubled cosmetics and skincare specialist warned of a sharp slide in full-year sales. Read More
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Kooth CEO steps aside, annual profits to beat forecasts
Thursday 23 Jan 2025
(Sharecast News) - Kooth, the youth digital mental healthcare company, has reported that its boss Tim Barker is to step down later this year, ahead of its annual results which are expected to show tha... Read More
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Frasers targets son of Boohoo co-founder as dispute intensifies
Thursday 23 Jan 2025
(Sharecast News) - Mike Ashley's Frasers Group has launched its latest salvo at Boohoo Group, just a day after shareholders voted down its attempt to oust co-founder Mahmud Kamani. Read More
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Robinson FY24 operating profits seen 'moderately ahead' of expectations
Thursday 23 Jan 2025
(Sharecast News) - Packaging business Robinson said on Thursday that FY operating profits were expected to be "significantly ahead" of FY23 and "moderately ahead" of current market expectations. Read More
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THG to return to growth this year after in-line 2024
Thursday 23 Jan 2025
(Sharecast News) - Ecommerce group THG said it expects a return to growth in 2025 for its remaining businesses after the demerger of its tech division Ingenuity, with underlying trends picking up in i... Read More
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Mitie delivers record revenues in Q3
Thursday 23 Jan 2025
(Sharecast News) - Outsourcing group Mitie said on Thursday that it had delivered record quarterly revenues in the three months ended 31 December, reflecting "strong organic growth" throughout the per... Read More
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Harbour Energy revenue jumps after boost in production
Thursday 23 Jan 2025
(Sharecast News) - Harbour Energy announced a sharp rise in revenue to $6.1bn for the year ended 31 December in an update on Thursday, up from $3.7bn in 2023. Read More
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