Company News
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Amaroq Minerals reports strong third-quarter progress
Thursday 14 Nov 2024
(Sharecast News) - Amaroq Minerals reported strong third-quarter progress in its Greenland gold and strategic minerals projects on Thursday, with liquidity of $26m bolstered by cash balances, credit f... Read More
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General Mills to buy Whitebridge Pet Brands for $1.45bn
Thursday 14 Nov 2024
(Sharecast News) - General Mills said on Thursday that it has agreed to buy Whitebridge Pet Brands' North American premium cat feeding and pet treating business for $1.45bn. Read More
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Syncona launches Slingshot platform with £12.5m investment
Thursday 14 Nov 2024
(Sharecast News) - Syncona announced the launch of Slingshot Therapeutics, a new portfolio company and accelerator dedicated to developing early-stage life science programs sourced from academia, on T... Read More
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Palace Capital reports mixed interim performance
Thursday 14 Nov 2024
(Sharecast News) - Palace Capital reported a mixed half-year performance on Thursday, as it continued with its strategy to return capital to shareholders. Read More
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Tapestry and Capri scrap planned merger amid competition concerns
Thursday 14 Nov 2024
(Sharecast News) - Fashion giants Tapestry and Capri have scrapped their planned $8.5bn merger on the back of legal uncertainty after US regulators argued that the tie-up would eliminate head-to-head ... Read More
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TT Electronics to make further job cuts, revenues down YOY
Thursday 14 Nov 2024
(Sharecast News) - Electronic components manufacturer TT Electronics said on Thursday that it has been forced to make further job cuts in an effort to mitigate the impact of "substantial market change... Read More
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Burberry surges on turnaround plan despite plunging sales
Thursday 14 Nov 2024
(Sharecast News) - Shares in Burberry surged on Thursday as the luxury goods brand launched a review of the business in an "urgent" effort to turnaround its struggling fortunes after slumping to a £80... Read More
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Eurozone employment grows in Q3, GDP at 0.4%
Thursday 14 Nov 2024
(Sharecast News) - Employment in the eurozone rose slightly more than expected in the third quarter, while the economy's growth rate was 0.4%, according to official flash estimates published on Thursd... Read More
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House prices continue to climb - Rics
Thursday 14 Nov 2024
(Sharecast News) - UK house prices continued to rise in October, a closely-watched survey showed on Thursday, as the market benefited from lower borrowing costs. Read More
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Data centre surge drives growth for Siemens
Thursday 14 Nov 2024
(Sharecast News) - Siemens reported significant gains in the past year on Thursday, driven by robust demand in energy and electrification sectors, despite ongoing challenges in its business divisions. Read More
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Alfa Financial Software ups profit outlook as H1 revenues jump
Thursday 14 Nov 2024
(Sharecast News) - Alfa Financial Software has raised profit guidance for the full year after reporting double-digit revenue growth in the third quarter, causing shares to rise on Thursday. Read More
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Kier YTD trading in line with expectations
Thursday 14 Nov 2024
(Sharecast News) - Construction firm Kier Group said on Thursday that it had made a good start to the new trading year and expects its overall performance to be second-half weighted. Read More
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Keller on track for full year but Europe markets weak
Thursday 14 Nov 2024
(Sharecast News) - Keller said on Thursday that it remained on track to deliver a full-year performance in line with expectations as it announced the appointment of a new chairman, but shares in the g... Read More
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Petershill partially sells Accel-KKR stake for $282m
Thursday 14 Nov 2024
(Sharecast News) - Petershill Partners announced the partial sale of its stake in Accel-KKR (AKKR) on Thursday, generating a nominal consideration of $282m. Read More
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Great Portland Estates flags fall in half-year earnings
Thursday 14 Nov 2024
(Sharecast News) - Great Portland Estates reported a fall in earnings per share in an update on Thursday, despite progress in strategic acquisitions and resilient leasing performance. Read More
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Young's says NI, minimum wage changes to add £11m in annual costs
Thursday 14 Nov 2024
(Sharecast News) - Pub chain Young's said on Thursday that changes to national insurance contributions and minimum wage announced in last month's Budget would add around £11m in annual costs from next... Read More
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Qinetiq ups buyback by £50m after solid first half
Thursday 14 Nov 2024
(Sharecast News) - Shares in Qinetiq dipped on Thursday despite the aircraft engineering company delivering first-half results in line with expectations and announcing a new £50m buyback. Read More
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Assura hails 'transformative' first half as earnings spark
Thursday 14 Nov 2024
(Sharecast News) - Real estate investment trust Assura posted improved rental income and earnings on Thursday, following a "transformative" first half. Read More
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Just Group completes largest defined benefit de-risking transaction to date
Thursday 14 Nov 2024
(Sharecast News) - Retirement products business Just Group said on Thursday that it has completed its largest defined benefit de-risking transaction to date. Read More
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FirstGroup shares jump as 2025 outlook lifted
Thursday 14 Nov 2024
(Sharecast News) - Shares in FirstGroup jumped on Thursday as the bus and rail operator said it was buying back an extra £50m in shares and lifted its full-year forecast after a strong performance in ... Read More
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