Company News
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UK service sector starts year on back foot
Friday 03 Feb 2023
(Sharecast News) - The UK service sector continued to struggle last month, a closely-watched survey showed on Friday, as weaker demand pushed output to a two-year low. Read More
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Eurozone economy grows for first time since June 2022
Friday 03 Feb 2023
(Sharecast News) - The eurozone economy grew in January for the first time since June 2022, according to a survey released on Friday. Read More
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Ofcom rules BT's Openreach price plan not anti-competitive
Friday 03 Feb 2023
(Sharecast News) - Ofcom said on Friday it was minded to back BT Group's planned Openreach wholesale prices, arguing they were not anti-competitive. Read More
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Thungela to buy controlling stake in Australian coal mine
Friday 03 Feb 2023
(Sharecast News) - Thungela Resources said on Friday that it has agreed to buy a controlling stake in the Ensham coal mine in Australia to diversify its geographic reach. Read More
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Focusrite on track to meet full-year targets
Friday 03 Feb 2023
(Sharecast News) - Focusrite reiterated its full-year outlook on Friday, despite industry-wide weakness across its Asian markets. Read More
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Apple earnings miss expectations
Friday 03 Feb 2023
(Sharecast News) - Earnings at Apple fell by more than expected during the first quarter, sending shares in the US tech giant lower. Read More
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January sales help boost retail footfall
Friday 03 Feb 2023
(Sharecast News) - Retail footfall strengthened last month, industry data showed on Friday, as shoppers sought out a bargain in the January sales and employees headed back to the office. Read More
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JD Sports surges as growth plan unveiled by new CEO Schultz
Thursday 02 Feb 2023
(Sharecast News) - Shares in sports fashion retailer JD Sports Fashion surged on Thursday as the company revealed it is aiming to grow revenues and margins by double digits over the next five years al... Read More
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CWU to strike on 16-17 February
Thursday 02 Feb 2023
(Sharecast News) - Postal workers announced that they would strike on 16-17 February due to "unagreed changes" to the structure of work by Royal Mail at offices across the country. Read More
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Director dealings: Wife of Ramsdens chairman makes share sale
Thursday 02 Feb 2023
(Sharecast News) - Ramsdens Holdings revealed on Thursday that chairman Andrew Meehan's wife Susan had disposed of 30,000 ordinary shares in the AIM-listed financial services provider. Read More
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Hotel Chocolat appoints Jon Akehurst as CFO
Thursday 02 Feb 2023
(Sharecast News) - Premium chocolatier Hotel Chocolat said on Thursday that it has appointed Jon Akehurst as its new chief financial officer with effect from May. Read More
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Centrica halts forced meter installations
Thursday 02 Feb 2023
(Sharecast News) - British Gas-owner Centrica has suspended the forced instalment of prepayment meters, after an investigation showed the homes of vulnerable customers were being broken into. Read More
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Goldman downgrades Standard Chartered to 'neutral'
Thursday 02 Feb 2023
(Sharecast News) - Goldman Sachs downgraded its stance on shares of Standard Chartered on Thursday to 'neutral' from 'buy'. Read More
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Heathrow boss Holland-Kaye to step down
Thursday 02 Feb 2023
(Sharecast News) - Heathrow announced on Thursday that chief executive John Holland-Kaye will step down this year after nine years in the job. Read More
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Shell 'obscene' record $40bn profit fuels call for higher windfall tax
Thursday 02 Feb 2023
(Sharecast News) - Oil and gas giant Shell on Thursday posted record annual profits of almost $40bn on the back of surging gas prices driven by Russia's war with Ukraine, prompting demands from UK pol... Read More
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ScS maintains outlook despite weaker sales
Thursday 02 Feb 2023
(Sharecast News) - ScS Group said it remained on track to meet full-year targets on Thursday, despite a fall in underlying sales during the first half. Read More
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JTC delivers record new business wins in 2022
Thursday 02 Feb 2023
(Sharecast News) - Professional services business JTC said on Thursday that it had delivered "strong organic growth" in the year ended 31 December, with record new business wins providing it with "goo... Read More
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Safestyle FY revenues rise despite 'unforeseen challenges'
Thursday 02 Feb 2023
(Sharecast News) - Windows and doors retailer Safestyle said on Thursday that it expects revenues to have jumped in the twelve months ended 1 January despite dealing with "a number of unforeseen chall... Read More
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First-half earnings slip at Renishaw
Thursday 02 Feb 2023
(Sharecast News) - Renishaw saw profits fall in the first half, the engineering group said on Thursday, despite "record" revenues. Read More
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NCC warns on profits, expects job cuts
Thursday 02 Feb 2023
(Sharecast News) - NCC Group tumbled on Thursday after the cyber security firm warned on profits, saying that market headwinds were impacting current trading and that it expects to cut jobs. Read More
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