Company News
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'Mystery suitor' interested in ITV, says Betaville
Thursday 09 Feb 2023
(Sharecast News) - Broadcaster ITV is reportedly at the centre of a fresh round of takeover speculation, according to markets blog Betaville. Read More
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Deliveroo to axe 350 jobs
Thursday 09 Feb 2023
(Sharecast News) - Food delivery company Deliveroo said on Thursday that it was planning to cut around 9% of its workforce, or 350 jobs, amid a slowdown in demand due to the cost-of-living crisis. Read More
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Director dealings: Sage Group director makes share purchase
Thursday 09 Feb 2023
(Sharecast News) - Sage Group revealed on Thursday that non-executive director Roisin Donnelly had acquired 10,000 ordinary shares in the FTSE 100-listed software group. Read More
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British American Tobacco posts jump in full-year sales led by New Category products
Thursday 09 Feb 2023
(Sharecast News) - British American Tobacco posted a big increase in full-year sales and profits with the former driven by its New category products and foreign exchange tailwinds. Read More
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Redrow holds divi, scraps 2024 guidance: Sees better start to H2
Thursday 09 Feb 2023
(Sharecast News) - UK house builder Redrow held its dividend as it reported a fall in interim profits and scrapped 2024 guidance, but noted that early indications for the rest of the year were better ... Read More
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Gfinity to raise £1.5m in placing, CEO to depart
Thursday 09 Feb 2023
(Sharecast News) - Esports company Gfinity announced plans on Thursday to raise at least £1.5m in an equity placing and subscription, and said that chief executive John Clarke will be stepping down. Read More
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Ofcom to probe inflation-busting price rises on phone, internet deals
Thursday 09 Feb 2023
(Sharecast News) - Britain's telecoms regulator is starting a probe into inflation-busting price rises mid-contract for phone and broadband customers. Read More
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AstraZeneca FY core EPS in line; Aims for growth in 2023
Thursday 09 Feb 2023
(Sharecast News) - Pharma giant AstraZeneca reported full-year earnings in line with expectations and said it expected 2023 core profits to increase by high-single to low-double digits. Read More
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Credit Suisse slumps heavily into the red
Thursday 09 Feb 2023
(Sharecast News) - Credit Suisse Group posted its largest annual loss since the 2008 financial crisis on Thursday, and warned of further "substantial" losses to come. Read More
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Avon Protection receives US helmet order worth $6.7m
Thursday 09 Feb 2023
(Sharecast News) - Avon Protection said on Thursday that it has received a second helmet delivery order from the US Defense Logistics Agency worth $6.7m. Read More
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Watches of Switzerland slides as Q3 sales miss estimates
Thursday 09 Feb 2023
(Sharecast News) - Watches of Switzerland reiterated its full-year guidance on Thursday as it posted a jump in third-quarter revenues amid solid demand, but shares in the retailer tumbled as results m... Read More
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Entain tumbles as MGM takeover speculation quashed
Thursday 09 Feb 2023
(Sharecast News) - Shares in Ladbrokes owner Entain tumbled on Thursday after rumours of a possible takeover by MGM were quashed. Read More
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First Abu Dhabi Bank pressing ahead with offer for StanChart - report
Thursday 09 Feb 2023
(Sharecast News) - Standard Chartered surged on Thursday following a report that First Abu Dhabi Bank is pressing ahead with a potential offer for the bank. Read More
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LXi Reit sees 'robust' third quarter
Thursday 09 Feb 2023
(Sharecast News) - LXi Reit said on Thursday that third-quarter trading had been robust, despite the weakening economic backdrop. Read More
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Darktrace closes largest deal to date with critical infrastructure organisation
Thursday 09 Feb 2023
(Sharecast News) - Cybersecurity firm Darktrace has closed its largest deal to date with a critical infrastructure organisation as part of an effort to get ahead of state-sponsored attacks and support... Read More
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Bellway delivers 'robust' H1 performance
Thursday 09 Feb 2023
(Sharecast News) - Property developer Bellway said on Thursday that it has delivered a "robust first half performance", with record completions of 5,695 homes and a 1.6% increase in average selling pr... Read More
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Diversified Energy raises $163m to fund acquisition of US upstream assets
Thursday 09 Feb 2023
(Sharecast News) - Diversified Energy said on Thursday that it raised around $163m (£134.9m) in a placing to help fund the acquisition of upstream assets and related infrastructure in its Central Regi... Read More
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Higher prices help boost sales at Unilever
Thursday 09 Feb 2023
(Sharecast News) - Unilever reported better-than-expected sales growth on Thursday, boosted by higher prices. Read More
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Compass organic revenues grow in Q1
Thursday 09 Feb 2023
(Sharecast News) - Foodservice company Compass Group said on Thursday that organic revenues had grown 24% in the first quarter and stated it was "excited" about the "significant growth potential" acro... Read More
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Thursday preview: US jobless figures, German CPI in focus
Wednesday 08 Feb 2023
(Sharecast News) - All eyes on Thursday would be on the latest weekly unemployment claims figures in the US. Read More
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