Company News
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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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Director dealings: Mothercare director makes share purchase
Wednesday 08 Feb 2023
(Sharecast News) - Mothercare revealed on Wednesday that non-executive director, Mark Newton-Jones had acquired 604,789 ordinary shares in the London-listed retailer. Read More
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Microsoft Activision Blizzard deal 'would hurt gamers' - CMA
Wednesday 08 Feb 2023
(Sharecast News) - Britain's competition regulator has said Microsoft's planned acquisition of Activision Blizzard would reduce choice for gaming consumers who use competing Xbox and Sony Playstation ... Read More
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Anglo American to buy minority stake in Canada Nickel
Wednesday 08 Feb 2023
(Sharecast News) - Anglo American said on Wednesday that it has agreed to buy a 9.9% minority interest in Canada Nickel, which owns the Crawford nickel project in Ontario, for an undisclosed sum. Read More
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Barratt cuts dividend as higher mortgage costs hit housing market
Wednesday 08 Feb 2023
(Sharecast News) - UK housebuilder Barratt cut its dividend as the housing market started to cool down in response to rising interest rates and mortgage costs. Read More
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Next appoints Lipsy's Jeremy Stakol as executive director
Wednesday 08 Feb 2023
(Sharecast News) - Next said on Wednesday that it has appointed Jeremy Stakol as non-executive director, putting him in charge of boosting the clothing and homeware retailer's online sales. Read More
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Maersk issues profits warning as freight rates, volumes slump
Wednesday 08 Feb 2023
(Sharecast News) - Shipping giant AP Moller-Maersk issued a profit warning on Wednesday due to a slump in container volumes and freight rates. Read More
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CVS Health to buy Oak Street Health in $10.6bn deal
Wednesday 08 Feb 2023
(Sharecast News) - US pharmacy chain CVS Health said on Wednesday that it has agreed to buy Oak Street Health in a $10.6bn all-cash deal. Read More
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Industrial action will not lead to power cuts, Drax insists
Wednesday 08 Feb 2023
(Sharecast News) - Drax Group has insisted that the UK's electricity supply will not be affected after workers voted in favour of industrial action. Read More
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