Company News
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Royal Mail swings to loss on pay dispute, cuts dividend
Thursday 17 Nov 2022
(Sharecast News) - Royal Mail owner International Distributions Systems swung to a half-year loss, blaming weak parcel volumes and strikes at the UK postal carrier, and also axed its interim dividend. Read More
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Ceres Power joint venture delayed into next year
Thursday 17 Nov 2022
(Sharecast News) - Ceres Power announced a delay to its joint venture with Rboert Bosch and Weichai Power on Thursday. Read More
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Ilika taps Jason Stewart as its new finance chief
Thursday 17 Nov 2022
(Sharecast News) - Solid-state battery technology developer Ilika announced the appointment of Jason Stewart as chief financial officer and to the board of directors on Thursday, effective on 3 Januar... Read More
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Gfinity inks partnership with top Saudi football league
Thursday 17 Nov 2022
(Sharecast News) - E-sports and gaming solutions specialist Gfinity has been appointed by the Saudi Pro League (SPL) as the exclusive e-sports strategy development partner, it announced on Thursday. Read More
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Crimson Tide secures three-year contract with existing client
Thursday 17 Nov 2022
(Sharecast News) - Crimson Tide announced a "significant" three-year contract with an existing retail client on Thursday with a value of over £1m per annum, more than doubling the annual recurring rev... Read More
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Nexperia ordered to lower Newport Wafer Fab stake by 86%
Thursday 17 Nov 2022
(Sharecast News) - Chinese tech giant Nexperia has been ordered to dispose of its majority stake in British silicon chip manufacturer Newport Wafer Fab as part of an effort to "mitigate the risk to na... Read More
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Begbies Traynor describes 'strong' first-half performance
Thursday 17 Nov 2022
(Sharecast News) - Business recovery, financial advisory and property consultancy Begbies Traynor reported a "strong" first-half financial performance in an update on Thursday, with revenue expected t... Read More
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Future Metals intersects mineralisation in Panton drilling
Thursday 17 Nov 2022
(Sharecast News) - Future Metals said in an update on Thursday that diamond drilling had intersected near-surface sulphide mineralisation at Panton, providing further evidence for a large new nickel-c... Read More
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Kohl's withdraws full-year guidance despite third-quarter beat
Thursday 17 Nov 2022
(Sharecast News) - Suburban department store specialist Kohl's beat Wall Street expectations on third-quarter revenue and profit in a pre-open update on Thursday, but it withdrew its full-year guidanc... Read More
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Lidl attracts £58m more spending from big four grocers
Thursday 17 Nov 2022
(Sharecast News) - Discount grocer Lidl claimed in an update on Thursday that British shoppers had switched £58m worth of spending from the 'big four' supermarkets - Tesco, J Sainsbury, Asda and Wm Mo... Read More
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Great Portland Estates confident despite valuation, earnings fall
Thursday 17 Nov 2022
(Sharecast News) - Great Portland Estates reported a new leasing record in its half-year results on Thursday, 4.4% ahead of its estimated rental value, including its largest-ever letting at 2 Alderman... Read More
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Tyman FY operating profits seen in line with expectations
Thursday 17 Nov 2022
(Sharecast News) - Building products manufacturer Tyman expects full-year adjusted operating profits to be in line with internal expectations, reflecting "a successful response" to weakened demand. Read More
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Grainger upbeat as rental income, earnings rise
Thursday 17 Nov 2022
(Sharecast News) - Residential landlord Grainger reported 22% growth in net rental income in its final results on Thursday, to £86.3m. Read More
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Just Eat agrees grocery deal with Getir
Thursday 17 Nov 2022
(Sharecast News) - Just Eat Takeaway.com has struck a Europe-wide partnership deal with Turkey's Getir, the grocery delivery firm. Read More
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Fuller's hails 'strong' Christmas bookings as H1 revenues rise
Thursday 17 Nov 2022
(Sharecast News) - Pub and hotels chain Fuller, Smith & Turner posted a rise in first-half profits and revenue on Thursday as it recovered from the impact of Covid restrictions, and said Christmas boo... Read More
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Sales jump at Finsbury Food
Thursday 17 Nov 2022
(Sharecast News) - Finsbury Food Group reported a strong start to the year on Thursday, despite mounting economic headwinds and cost inflation. Read More
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Wynnstay acquires blended feed products business Tamar Milling
Thursday 17 Nov 2022
(Sharecast News) - Agricultural supplies group Wynnstay has acquired blended feed products manufacturer and supplier Tamar Milling in a deal worth up to £1.5m. Read More
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Close Brothers delivers 'solid' Q1 performance amid 'challenging' conditions
Thursday 17 Nov 2022
(Sharecast News) - Merchant banking group Close Brothers said on Thursday that it had delivered a "solid" first quarter performance despite trading in "challenging" market conditions. Read More
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Investec launches £350m share buyback as profits jump
Thursday 17 Nov 2022
(Sharecast News) - Investec unveiled a £350m share buyback programme on Thursday following a jump in half-year revenues and profits. Read More
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Kier sees trading in line with expectations
Thursday 17 Nov 2022
(Sharecast News) - Construction and infrastructure group Kier said trading in the new fiscal year had started well, with performance in line with expectations. Read More
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