Company News
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Avacta buying Launch Diagnostics for initial £24m
Tuesday 18 Oct 2022
(Sharecast News) - Clinical-stage oncology drug company Avacta has conditionally agreed to acquire Launch Diagnostics, it announced on Tuesday, for an upfront cash consideration of £24m on a debt-free... Read More
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Tatton Asset Management performs 'well' in first half
Tuesday 18 Oct 2022
(Sharecast News) - Tatton Asset Management said in an update on Tuesday that it performed "well" in the first half, with continued growth in revenue and profits and strong net inflows in a "difficult ... Read More
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FD Technologies hikes guidance after strong first half
Tuesday 18 Oct 2022
(Sharecast News) - FD Technologies reported a 15% improvement in revenue in its first half on Tuesday, to £147.4m, while its gross profit grew 116% year-on-year to £60.2m, as it hiked its revenue guid... Read More
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Ithaca Energy planning London listing
Tuesday 18 Oct 2022
(Sharecast News) - North Sea oil and gas producer Ithaca Energy said on Tuesday that it is planning to list on the London Stock Exchange. Read More
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Sosandar H1 revenues grow more than 70%
Tuesday 18 Oct 2022
(Sharecast News) - Fashion brand Sosandar traded in line with expectations over the six months ended 30 September, with revenues up more than 70% year-on-year. Read More
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Ninety One assets under management slip in second quarter
Tuesday 18 Oct 2022
(Sharecast News) - Ninety One updated the market on its assets under management on Tuesday, having ended the second quarter at £132.3bn. Read More
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Microsoft trims more jobs - report
Tuesday 18 Oct 2022
(Sharecast News) - US tech giant Microsoft has axed further jobs on the back of slowing revenues, it was reported on Tuesday. Read More
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Lookers lifts FY profit expectations, announces £15m share buyback
Tuesday 18 Oct 2022
(Sharecast News) - Car dealership Lookers lifted its full-year profit guidance on Tuesday following a strong third quarter, as it announced a £15m share buyback. Read More
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IntegraFin upbeat on fourth quarter performance
Tuesday 18 Oct 2022
(Sharecast News) - IntegraFin said in an update on Tuesday that its "highly resilient" Transact platform saw gross fourth quarter inflows of more than £1.5bn, with "solid" net inflows topping £0.7bn. Read More
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Wise upgrades FY guidance following strong Q2 revenue growth
Tuesday 18 Oct 2022
(Sharecast News) - Fintech company Wise upgraded full-year guidance on Tuesday after experiencing strong revenue growth in the second quarter of its trading year. Read More
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Essensys scales back growth plans as losses mount
Tuesday 18 Oct 2022
(Sharecast News) - Essensys has reined in growth plans after full-year losses mounted, the workspace technology specialist confirmed on Tuesday. Read More
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Bellway FY profits rise amid record revenues, but demand moderating
Tuesday 18 Oct 2022
(Sharecast News) - Housebuilder Bellway reported a jump in full-year profit on Tuesday amid record revenues and completions, but cautioned that demand was moderating. Read More
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Ibstock trades ahead of expectations in Q3
Tuesday 18 Oct 2022
(Sharecast News) - Brick and concrete products manufacturer Ibstock said on Tuesday that trading had been ahead of internal expectations in the third quarter, with "robust demand patterns" and a "stro... Read More
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Pagegroup names Nick Kirk as CEO designate
Tuesday 18 Oct 2022
(Sharecast News) - Recruitment firm Pagegroup named Nick Kirk as chief executive designate on Tuesday, succeeding outgoing CEO Steve Ingham. Read More
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Half-year revenues ease at Aveva
Tuesday 18 Oct 2022
(Sharecast News) - Aveva Group saw first-half revenues ease while costs ticked higher, the UK software developer said on Tuesday. Read More
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FinnCap in early takeover talks with Panmure Gordon
Tuesday 18 Oct 2022
(Sharecast News) - Investment bank FinnCap confirmed on Tuesday that it has received indicative non-binding takeover proposals from rival Panmure Gordon. Read More
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Jet2 orders 35 new Airbus A320neo aircraft
Tuesday 18 Oct 2022
(Sharecast News) - UK travel company Jet2 on Tuesday said it had ordered 35 new Airbus A320neo aircraft at a list value price of $3.9bn, with an option to extend the deal to 71 planes. Read More
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Kainos to sell half of proposed HQ site
Tuesday 18 Oct 2022
(Sharecast News) - IT provider Kainos said it planned to sell half the site of its planned new headquarters in Belfast to Queen's University. Read More
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Japan's SoftBank to offload entire THG stake
Tuesday 18 Oct 2022
(Sharecast News) - Japan's SoftBank has agreed to sell its entire stake in ecommerce group THG to the Qatar Investment Authority and co-founder Matthew Moulding. Read More
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Rio Tinto trims forecasts on weakening global economy
Tuesday 18 Oct 2022
(Sharecast News) - Rio Tinto trimmed its full-year production guidance on Tuesday, as the weakening global economic outlook weighed on the third quarter. Read More
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