Company News
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Volex reiterates guidance after 'strong' first quarter
Friday 19 Aug 2022
(Sharecast News) - Power products and manufacturing services provider Volex said in a trading update on Friday that its first-quarter performance was "strong", in line with management expectations and... Read More
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FCA warns buy-now-pay-later firms to get their promotions in order
Friday 19 Aug 2022
(Sharecast News) - The Financial Conduct Authority warned buy-now-pay-later firms that its products needed to comply with financial promotion rules on Friday, even though some agreements were "unregul... Read More
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Kingspan reports strong first-half growth
Friday 19 Aug 2022
(Sharecast News) - Insulation and building materials company Kingspan reported a 42% improvement in first-half revenue on Friday, to €4.2bn, with growth of 27% on an underlying basis. Read More
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Joules tumbles after profit warning
Friday 19 Aug 2022
(Sharecast News) - Joules warned on Friday that it expects to deliver a pre-tax loss for the full year and said it was in talks with its bank about a waiver of its covenants, sending shares in the fas... Read More
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Just Eat sells stake in Brazil's iFood to Prosus for €1.8bn
Friday 19 Aug 2022
(Sharecast News) - Just Eat Takeaway has agreed to sell its 33% stake in Brazil's iFood joint venture to Prosus for up to €1.8bn in cash. Read More
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Apax Global Alpha adjusted NAV falls
Friday 19 Aug 2022
(Sharecast News) - Apax Global Alpha said total adjusted net asset value fell to €1.4bn from €1.5bn in the 2021 fiscal year, with adjusted NAV per share decreasing to €2.83 (£2.44) f... Read More
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Canada's CDPQ in talks to buy Vodafone's Indus Towers stake - report
Friday 19 Aug 2022
(Sharecast News) - Canadian pension fund Caisse de depot et placement du Quebec (CDPQ) is reportedly in talks with Vodafone to buy the residual 21% stake it owns in Indus Towers, India's largest mobil... Read More
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HICL takes minority stake in Cross London Trains
Friday 19 Aug 2022
(Sharecast News) - HICL Infrastructure said it had bought a minority equity stake in Cross London Trains (XLT) from funds managed by Equitix Investment Management for an undisclosed sum. Read More
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Director dealings: Sirius Real Estate CEO gets shares instead of dividend
Thursday 18 Aug 2022
(Sharecast News) - Sirius Real Estate's chief executive officer increased his shareholding in the company on Thursday, after receiving new shares in lieu of a cash dividend. Read More
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Angling Direct shares tumble on profit warning
Thursday 18 Aug 2022
(Sharecast News) - Angling Direct said in a trading update on Thursday that its first-half revenue was up 1.3% year-on-year at £38.9m, although it warned that full-year earnings would now be "material... Read More
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Immotion flags good first-half performance
Thursday 18 Aug 2022
(Sharecast News) - Virtual reality (VR)-focussed entertainment group Immotion said in a trading update on Thursday that unaudited revenue at its core location-based entertainment business "almost doub... Read More
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Friday preview: UK retail sales, investor confidence in focus
Thursday 18 Aug 2022
(Sharecast News) - Investors' attention at the end of the week will shift back to the UK and readings on retail sales and consumer confidence. Read More
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Synergia reports latest progress at India's Cambay field
Thursday 18 Aug 2022
(Sharecast News) - Synergia Energy updated the market on its operations in India on Thursday, reporting that the C-77H well on the wholly-owned onshore Cambay gasfield was currently producing through ... Read More
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Zytronic warns of persistent cost challenges through second half
Thursday 18 Aug 2022
(Sharecast News) - Touch sensor manufacturer Zytronic updated the market on its trading on Thursday, reporting that the availability and cost of both raw materials and electronic components remained "... Read More
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Tekcapital's Innovative Eyewear starts trading on Nasdaq
Thursday 18 Aug 2022
(Sharecast News) - Intellectual property investor Tekcapital announced on Thursday that Innovative Eyewear, a subsidiary of its portfolio company Lucyd, had closed its $7.35m initial public offering. Read More
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Anglo Asian acquires exploration data for two new concessions
Thursday 18 Aug 2022
(Sharecast News) - Azerbaijan-focussed gold, copper and silver producer Anglo Asian Mining announced the acquisition of exploration data and associated studies and reports from AzerGold on Thursday. Read More
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Empire Metals identified 'significant structure' at Pitfield
Thursday 18 Aug 2022
(Sharecast News) - Resource explorer and developer Empire Metals announced the identification of a "significant structure" after an airborne magnetic survey in June at the Pitfield Copper-Gold Project... Read More
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Tremor closes $25m investment in Hisense's Vidaa platform
Thursday 18 Aug 2022
(Sharecast News) - Connected television advertising technology company Tremor International announced the closing of its $25m equity investment in Vidaa on Thursday, satisfied through existing cash re... Read More
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Inspecs earnings hit by euro weakness, factory moving costs
Thursday 18 Aug 2022
(Sharecast News) - Eyewear and lens designer and manufacturer Inspecs reported first-half revenue of $138.4m on Thursday, up from $125.7m year-on-year, although earnings were hit by currency headwinds... Read More
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Pantheon Resources completes drilling at Alkaid 2
Thursday 18 Aug 2022
(Sharecast News) - Alaska North Slope-focussed oil and gas company Pantheon Resources announced the conclusion of drilling operations, and the start of preparations for stimulation and flow testing, a... Read More
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