Company News
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AstraZeneca's rare cancer drug Calquence gets US regulatory nod
Friday 17 Jan 2025
(Sharecast News) - AstraZeneca has announced that its Calquence drug has been approved in the US when used alongside chemoimmunotherapy for patients with previously untreated mantle cell lymphoma (MCL... Read More
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Freetrade faces investor backlash over sale to IG - report
Thursday 16 Jan 2025
(Sharecast News) - Online trading app Freetrade reportedly faces a backlash from early investors after announcing a £160m sale to IG Group - a fraction of the valuation it targeted during earlier fund... Read More
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Director dealings: Mitchells & Butlers CEO makes share sale
Thursday 16 Jan 2025
(Sharecast News) - Mitchells & Butlers revealed on Thursday that chief executive Phil Urban had disposed of 16,049 ordinary shares in the FTSE 250-listed pub landlord. Read More
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Symbotic to buy Walmart's robotics business for $200m
Thursday 16 Jan 2025
(Sharecast News) - Symbotic surged on Thursday after saying it has agreed to buy Walmart's Advanced Systems and Robotics business for $200m. Read More
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AB Dynamics reports solid start to new financial year
Thursday 16 Jan 2025
(Sharecast News) - Advanced transport testing, simulation, and measurement specialist AB Dynamics reported solid trading performance for the first four months of the 2025 financial year on Thursday, i... Read More
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Target lifts sales guidance after bumper holiday season
Thursday 16 Jan 2025
(Sharecast News) - Target Corporation increased its fourth-quarter sales guidance on Thursday, after better-than-expected trading over the key holiday season. Read More
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PetroTal forecasts higher growth, lower capital spending in 2025
Thursday 16 Jan 2025
(Sharecast News) - PetroTal issued its 2025 guidance on Thursday, forecasting significant production growth alongside reduced capital spending. Read More
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Niox flags strong year, announces board changes
Thursday 16 Jan 2025
(Sharecast News) - Asthma diagnosis and monitoring device specialist Niox Group reported a solid end to its financial year on Thursday, alongside news of significant board changes. Read More
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Optima agrees £1.4m acquisition of BHSF Occupational Health
Thursday 16 Jan 2025
(Sharecast News) - Optima Health announced an agreement to acquire BHSF Occupational Health from BHSF Group on Thursday, for £1.4m. Read More
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Morgan Stanley posts bumper Q4, record full-year revenue
Thursday 16 Jan 2025
(Sharecast News) - Morgan Stanley ended 2024 with a robust fourth quarter, reporting a more than doubling of net income on Thursday to $3.7bn, or $2.22 per share, surpassing analyst expectations for $... Read More
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Trustpilot FY EBITDA set to beat consensus, shares surge
Thursday 16 Jan 2025
(Sharecast News) - Review website Trustpilot surged on Thursday as it said full-year earnings were set to be ahead of consensus expectations. Read More
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Dunelm backs FY profit expectations as first-half sales grow
Thursday 16 Jan 2025
(Sharecast News) - Homeware retailer Dunelm backed its full-year profit expectations on Thursday as it reported an uptick in first-half sales despite a challenging environment. Read More
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BP to slash 5% of global workforce
Thursday 16 Jan 2025
(Sharecast News) - BP is to slash its global workforce and axe contractor roles, it confirmed on Thursday, as part of ongoing plans to cut costs and boost profits. Read More
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Bank of America joins peers in reporting strong fourth quarter
Thursday 16 Jan 2025
(Sharecast News) - Bank of America reported robust fourth-quarter results on Thursday, driven by record trading revenue and a recovery in investment banking fees. Read More
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Ukraine police complete initial probe into four Ferrexpo Poltava managers
Thursday 16 Jan 2025
(Sharecast News) - Ukraine-focussed iron ore producer Ferrexpo updated the market on allegations against four senior managers at its Ferrexpo Poltava Mining (FPM) subsidiary on Thursday, following the... Read More
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Budget nerves hit quarterly outflows at Rathbones
Thursday 16 Jan 2025
(Sharecast News) - Rathbones Group saw a spike in withdrawals around the Budget, the wealth and asset manager said on Thursday, offsetting discretionary inflows. Read More
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Young's trades 'exceptionally well' over festive period
Thursday 16 Jan 2025
(Sharecast News) - Pub chain operator Young's said on Thursday that it had traded "exceptionally well" over the Christmas and New Year period, with total managed revenue for the five weeks ended 13 Ja... Read More
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AI demand drives record-breaking quarter for TSMC
Thursday 16 Jan 2025
(Sharecast News) - Taiwan Semiconductor Manufacturing Company (TSMC) reported record-breaking fourth-quarter financial results on Thursday, fueled by surging demand for AI chips. Read More
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Avacta reports promising results from ongoing clinical trial
Thursday 16 Jan 2025
(Sharecast News) - Avacta Therapeutics announced promising results from its ongoing phase 1a trial of AVA6000 on Thursday, demonstrating meaningful tumour shrinkage in patients with salivary gland can... Read More
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Wise reports solid Q3, warns of some currency headwinds
Thursday 16 Jan 2025
(Sharecast News) - International money transfer specialist Wise reported a strong third-quarter performance on Thursday, with cross-border volumes rising 24% to £37.8bn, or 27% on a constant currency ... Read More
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