Company News
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Fund faced collapse if yields had ticked higher - report
Monday 17 Oct 2022
(Sharecast News) - A fund faced collapse if gilt yields had risen significantly as trading got underway this week, it was reported on Monday. Read More
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Goldman Sachs mulls merging investment bank and trading arms - reports
Monday 17 Oct 2022
(Sharecast News) - Goldman Sachs is poised to unveil a major overhaul, including merging its flagship investment banking and trading arms, it was reported on Monday. Read More
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PBoC rolls over medium-term facility, leaves rate unchanged
Monday 17 Oct 2022
(Sharecast News) - China's central bank sated market expectations on interest rates on Monday, standing pat on the medium-term lending facility at 2.75%. Read More
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Eve Sleep calls in administrators after sale talks fail
Monday 17 Oct 2022
(Sharecast News) - Mattress retailer Eve Sleep has called in administrators after sale talks proved unsuccessful. Read More
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Frasers boosts stake in MySale target
Monday 17 Oct 2022
(Sharecast News) - Frasers Group urged MySale shareholders to accept its £14m takeover offer on Monday, after the British retailer bolstered its stake in the Australian firm. Read More
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MJ Hudson shares slide after financial audit update
Monday 17 Oct 2022
(Sharecast News) - Shares in specialist asset management service provider MJ Hudson were tumbling on Monday, after it announced that its annual results to 30 June were expected to be below previous gu... Read More
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ITV said to be looking into spinning off production arm
Monday 17 Oct 2022
(Sharecast News) - Television company ITV was said to be reviewing its ITV Studio production arm, including whether or not to sell the unit as part of an effort to bolster the broadcaster's share pric... Read More
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Made.com receives multiple non-binding indicative proposals
Monday 17 Oct 2022
(Sharecast News) - E-commerce company Made.com said on Monday that it has received a number of non-binding indicative proposals, including possible offers for the issued and to be issued share capital... Read More
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Victoria H1 revenue and EBITDA in line with expectations
Monday 17 Oct 2022
(Sharecast News) - Flooring products manufacturer Victoria continued to trade well in the six months ended 1 October, with interim revenues and underlying earnings in excess of £700.0m and £100.0m, re... Read More
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Hargreaves Lansdown CEO to step down
Monday 17 Oct 2022
(Sharecast News) - Hargreaves Lansdown reported a drop in first-quarter assets under administration on Monday as it announced the departure of chief executive Chris Hill, amid reports the company has ... Read More
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GlaxoSmithKline receives FDA approval for new presentation of Menveo asset
Monday 17 Oct 2022
(Sharecast News) - Drugmaker GlaxoSmithKline has received Food and Drug Administration approval for a new presentation of its invasive meningococcal disease vaccine. Read More
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Vodafone creates new German JV with Altice
Monday 17 Oct 2022
(Sharecast News) - Telecommunications giant Vodafone has created a new joint venture with French firm Altice to deploy fibre-to-the-home services to up to 7.0m German homes over a six-year period. Read More
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Motorola making excessive profits from UK emergency network - CMA
Friday 14 Oct 2022
(Sharecast News) - The competition watchdog announced a proposal on Friday, to restrict how much Motorola can charge for the emergency services to use the Airwave network. Read More
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Britishvolt said to be in emergency funding talks
Friday 14 Oct 2022
(Sharecast News) - Electric battery start-up Britishvolt is reportedly holding emergency fundraising talks with carmakers and other potential investors that may lead to a sale of the business, as it r... Read More
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JD Sports lifts stake in Spain's Deporvillage to 98%
Friday 14 Oct 2022
(Sharecast News) - JD Sports said on Friday that it has bought a further 18% interest in Spanish online sports retailer Deporvillage from co-founders Xavier Pladellorens and Àngel Corcuera for €... Read More
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Director dealings: GlobalData CEO makes over-£7m sale
Friday 14 Oct 2022
(Sharecast News) - Shares in GlobalData were in the green on Friday, after its chief executive officer sold more than £7m worth of shares. Read More
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Ocado surges on Kroger-Albertsons deal
Friday 14 Oct 2022
(Sharecast News) - Online supermarket Ocado surged on Friday after US grocery chain Kroger - with which it has a partnership - agreed to buy rival Albertsons in a $24.6bn deal. Read More
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US grocery chain Kroger to buy rival Albertsons in $24.6bn deal
Friday 14 Oct 2022
(Sharecast News) - US grocery chain Kroger has agreed to buy rival Albertsons in a $24.6bn deal. Read More
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Citigroup third-quarter profits fall 25%
Friday 14 Oct 2022
(Sharecast News) - Citigroup reported a drop in third-quarter profit on Friday as its investment banking business was hit by a lower appetite for M&A. Read More
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Safestyle to transition to new PVC supplier
Friday 14 Oct 2022
(Sharecast News) - PVC window and door specialist Safestyle UK announced on Friday that, following an "extensive" selection process and "careful" board deliberations, it had served notice to its exist... Read More
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