Company News
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Frasers buys JD Sports' interests in host of fashion brands
Friday 16 Dec 2022
(Sharecast News) - Frasers Group has announced the acquisition of JD Sports Fashion's interests in a number of fashion brands for up to £47.5m. Read More
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Goldman Sachs may cut as many as 4,000 jobs - report
Friday 16 Dec 2022
(Sharecast News) - Goldman Sachs could reportedly cut as many as 4,000 jobs, or roughly 8% of the workforce, as chief executive officer David Solomon battles to contain a slump in profit and revenue. Read More
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Trainline appoints Peter Wood as new CFO
Friday 16 Dec 2022
(Sharecast News) - Trainline said on Friday that it has appointed Peter Wood as chief financial officer with immediate effect. Read More
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Rolls-Royce Motor Cars staff secure historic pay rise
Friday 16 Dec 2022
(Sharecast News) - Strike threats have helped roughly 1,200 Rolls Royce Motor Cars workers in Goodwood, West Sussex, secure a 17.6% pay rise - the largest single pay deal in the history of the plant. Read More
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Wizz Air slammed by UK regulator over complaints, payout delays
Friday 16 Dec 2022
(Sharecast News) - Low-cost carrier Wizz Air has been hammered by the UK's aviation regulator over complaint levels and compensation payment delays. Read More
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FirstGroup launches 75m share buyback
Friday 16 Dec 2022
(Sharecast News) - Transport operator FirstGroup has completed the sale of all but two of its remaining Greyhound US properties and will now launch a buyback of up to 75m shares to return some of the ... Read More
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Revenue rises but earnings take a tumble at Fulham Shore
Friday 16 Dec 2022
(Sharecast News) - Restaurant operator Fulham Shore reported a 26% improvement in first-half revenue on Friday, to £49.9m. Read More
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Mazars quits work with crypto firms including Binance
Friday 16 Dec 2022
(Sharecast News) - Paris-based global auditor Mazars has suspended all of its work with cryptocurrency firms, it was reported on Friday, as the fallout from the collapse of FTX continued. Read More
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CRH launches new venture capital fund
Friday 16 Dec 2022
(Sharecast News) - Building materials specialist CRH announced the launch of its new venture capital unit CRH Ventures on Friday, which it said would support the development of "new technologies and i... Read More
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Hollywood Bowl FY revenues hit record high amid 'strong' demand
Friday 16 Dec 2022
(Sharecast News) - Bowling alley operator Hollywood Bowl said on Friday that annual profit and revenues had grown against 2019 pre-Covid comparators, supported by "strong" customer demand. Read More
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Games Workshop strikes film, TV deal with Amazon; shares surge
Friday 16 Dec 2022
(Sharecast News) - Miniature wargames manufacturer Games Workshop said on Friday that it has reached an agreement in principle with Amazon Content Services for Amazon to develop its intellectual prope... Read More
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Rank Group issues second profit warning
Friday 16 Dec 2022
(Sharecast News) - Gambling company Rank Group issued its second profit warning on Friday despite seeing "some improvement" in trading over the last few weeks as the ongoing cost of living crisis cont... Read More
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RS Group CEO steps down with immediate effect
Friday 16 Dec 2022
(Sharecast News) - RS Group said Lindsley Ruth was stepping down as chief executive with immediate effect for personal reasons. Read More
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BT Group merging two units in bid to save £100m a year
Friday 16 Dec 2022
(Sharecast News) - BT Group on Friday said it was combining its global and enterprise units to create a new corporate operation, in a move designed to save £100m a year by the end of 2025. Read More
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Director dealings: Moonpig CEO raises stake
Thursday 15 Dec 2022
(Sharecast News) - Moonpig revealed on Thursday that chief executive Nickyl Raithatha had acquired 100,000 ordinary shares in the FTSE 250-listed greeting cards business. Read More
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Friday preview: Global PMI surveys, euro area CPI in the spotlight
Thursday 15 Dec 2022
(Sharecast News) - Investors would get a last close reading on the pace of economic activity in the euro area, UK and US before the year was out on Friday. Read More
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XLMedia exploring sale of personal finance assets
Thursday 15 Dec 2022
(Sharecast News) - Digital media company XLMedia announced on Thursday that it was restructuring its personal finance division, and was exploring the potential sale of all personal finance assets. Read More
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Argos Resources gets two-year extension to North Falkland licence
Thursday 15 Dec 2022
(Sharecast News) - North Falkland Basin-focussed exploration company Argos Resources announced the planned extension of production licence PL001 on Thursday, to 31 December 2024. Read More
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Octopus, Shell sign supply deal on Dogger Bank wind farm
Thursday 15 Dec 2022
(Sharecast News) - UK power supplier Octopus Energy said it has signed a power purchase agreement with Shell Energy for up to 2.4 terawatt hours (TWh) per year from the Dogger Bank offshore wind farm ... Read More
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Horizonte on track with Araguaia construction
Thursday 15 Dec 2022
(Sharecast News) - Horizonte Minerals said in an update on Thursday that it was continuing to make "good progress" on the construction of its wholly-owned Araguaia nickel project in Brazil, which rema... Read More
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