Company News
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End of pandemic support impacts earnings at Croma
Friday 11 Nov 2022
(Sharecast News) - Security services specialist Croma reported an 8% increase in revenues in its final results on Friday, to £35.16m, which it put down to "continued demand" for its security solutions... Read More
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Seeing Machines appoints new finance chief as Rule steps down
Friday 11 Nov 2022
(Sharecast News) - Driver monitoring technology company Seeing Machines announced the appointment of Martin Ive as its new chief financial officer on Friday. With effect from 14 November. Read More
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FRP Advisory cautious after 'strong' first half
Friday 11 Nov 2022
(Sharecast News) - FRP Advisory Group reported a "strong" first-half performance in an update on Friday, with continued growth in revenues and profits. Read More
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Twitter bankruptcy 'not out of question', claims Musk
Friday 11 Nov 2022
(Sharecast News) - Elon Musk has warned employees at Twitter that it is at risk of bankruptcy, just two weeks after the billionaire took control of the business in a $44bn deal. Read More
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UK facing recession as economy shrinks
Friday 11 Nov 2022
(Sharecast News) - The British economy shrank by 0.2% in the last quarter, official data showed on Friday, leaving the UK on the brink of recession. Read More
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TheWorks sounds cautious festive note
Friday 11 Nov 2022
(Sharecast News) - TheWorks.co.uk reported an uptick in half-year sales on Friday, but sounded a cautious note ahead of the crucial Christmas season. Read More
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Urban Logistics H1 IFRS profits tumble
Friday 11 Nov 2022
(Sharecast News) - Real estate investment trust Urban Logistics said on Friday that IFRS profits had tumbled in the six months ended 30 September despite reporting a surge in net rental income. Read More
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German reinsurer Munich Re cuts stake in Admiral
Friday 11 Nov 2022
(Sharecast News) - German reinsurer Munich Re has sold 7.4m shares in Admiral in a placing at 2,023p each. Read More
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Second-line use of GSK cancer drug restricted
Friday 11 Nov 2022
(Sharecast News) - The second-line application of a GSK cancer treatment will be limited following a request by the US regulators, the drugs giant said on Friday. Read More
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Redrow downgrades revenue guidance as reservations drop
Friday 11 Nov 2022
(Sharecast News) - Housebuilder Redrow cut its guidance for 2023 revenue on Friday, as it reported a rise in the average selling price but a drop in net private reservations. Read More
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Galliford Try says trading in line with expectations
Friday 11 Nov 2022
(Sharecast News) - Construction group Galliford Try said it is trading in line with expectations, against a backdrop of unsettled economic conditions. Read More
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AstraZeneca's Imfinzi gets FDA approval for lung cancer treatment
Friday 11 Nov 2022
(Sharecast News) - AstraZeneca on Friday said its Imfinzi drug in combination with the Imjudo antibody and platinum-based chemotherapy has been approved in the US for the treatment of adult patients w... Read More
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Beazley gross premiums up 22%
Friday 11 Nov 2022
(Sharecast News) - Insurer Beazley reported a 22% rise in gross premiums for the first nine months of the year and initial estimated losses from Hurricane Ian would be $120m. Read More
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Halma names Steve Gunning as CFO
Friday 11 Nov 2022
(Sharecast News) - Safety equipment company Halma named Steve Gunning as chief financial officer designate on Friday, succeeding current CFO Marc Ronchetti. Read More
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Director dealings: FirstGroup CEO makes £75k investment
Thursday 10 Nov 2022
(Sharecast News) - Passenger transport operator FirstGroup disclosed a share purchase made by its chief executive officer on Thursday, worth almost £75k. Read More
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Friday preview: UK GDP, US consumer confidence ahead
Thursday 10 Nov 2022
(Sharecast News) - Investors' focus at the end of the week was to be on a reading for UK economic growth at the end of the third quarter which it was believed would show the country entering recession... Read More
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Arecor inks formulation study deal with 'leading' pharma firm
Thursday 10 Nov 2022
(Sharecast News) - Biopharmaceuticals developer Arecor Therapeutics has signed an exclusive formulation study collaboration with the pharmaceutical division of "one of the world's largest" chemicals m... Read More
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Former GSK unit Haleon posts 16% rise in Q3 sales
Thursday 10 Nov 2022
(Sharecast News) - Haleon, the former consumer health arm of GSK, on Thursday reported a 16.1% increase in third-quarter revenue, driven by higher prices, and forecast organic sales growth of 8-8.5%. Read More
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Production at Petra Diamonds Williamson mine suspended for up to 3 months
Thursday 10 Nov 2022
(Sharecast News) - Petra Diamonds said on Thursday that production from the Williamson mine in Tanzania is expected to be suspended for up to three months following a wall breach and flooding at the t... Read More
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WH Smith swings to profit as travel rebounds from Covid curbs
Thursday 10 Nov 2022
(Sharecast News) - Book and stationery retailer WH Smith swung to an annual profit as a rebound in air and rail travel boosted revenues, with that momentum continuing into the new fiscal year. Read More
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