Company News
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China cuts lending rate as economy struggles amid Covid lockdowns
Monday 15 Aug 2022
(Sharecast News) - China's central bank on Monday unexpectedly cut a major interest rate in an attempt to bolster an economy that is struggling to grow amid repeated Covid lockdowns and a property dow... Read More
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Eckoh sees order levels grow 'substantially' in H1
Monday 15 Aug 2022
(Sharecast News) - Payment solutions provider Eckoh said on Monday that first-quarter order levels had "grown substantially" from the prior year. Read More
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Joules names Jonathon Brown as CEO
Monday 15 Aug 2022
(Sharecast News) - Lifestyle group Joules revealed on Monday that Jonathon Brown had been tapped to take over as chief executive officer, with effect from 30 September. Read More
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Seeing Machines FY revenues in line, cash position beats guidance
Monday 15 Aug 2022
(Sharecast News) - Technology company Seeing Machines said on Monday that full-year revenues were in line with expectations and that the group's cash position had bested forecasts. Read More
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AstraZeneca breast cancer drug meets primary and secondary endpoints in new trial
Monday 15 Aug 2022
(Sharecast News) - Drugmaker AstraZeneca said on Monday that positive high-level results from a new trial of its Enhertu breast cancer drug had demonstrating a "statistically significant and clinicall... Read More
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Joules appoints Jonathon Brown as CEO
Monday 15 Aug 2022
(Sharecast News) - Joules said on Monday that it has appointed Jonathon Brown as its new chief executive officer. Read More
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Phoenix Group delivers record H1 performance
Monday 15 Aug 2022
(Sharecast News) - Insurer Phoenix Group said on Monday that it had delivered a record first-half performance, leading the group to up its interim dividend. Read More
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Sequoia NAV improves through July
Friday 12 Aug 2022
(Sharecast News) - Specialist infrastructure debt investor Sequoia said in an update on Friday that its net asset value increased to 97.21p per share at the end of July, from 96.52p on 30 June. Read More
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AEW UK buys Glasgow asset after completing two disposals
Friday 12 Aug 2022
(Sharecast News) - AEW UK REIT announced on Friday that the sale of its ownership at Eastpoint Business Park in Oxford completed on 8 August, for £29m. Read More
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Johnson & Johnson to cease global production of talc powder
Friday 12 Aug 2022
(Sharecast News) - US consumer goods giant Johnson & Johnson will making and selling talc-based baby powder around the world, the company said on Friday. Read More
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Frasers Group sells 'some' retail parks for £205m
Friday 12 Aug 2022
(Sharecast News) - Frasers Group said it has completed the sale of some retail parks for £205 million. Read More
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Director dealings: ProCook chief spends £0.21m on half a million shares
Friday 12 Aug 2022
(Sharecast News) - ProCook shares were on their way down on Friday afternoon, after it emerged that its chief executive spent more than £0.21m on shares. Read More
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Octopus Renewables agrees to buy 51pc of Scottish wind farm
Friday 12 Aug 2022
(Sharecast News) - Octopus Renewables Infrastructure Trust has agreed to acquire a 51% interest in the Crossdykes Onshore Wind Farm, it announced on Friday, with the remaining 49% being acquired by an... Read More
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Mondi agrees £1.3bn sale of its biggest Russian asset
Friday 12 Aug 2022
(Sharecast News) - Mondi has entered into an agreement to sell its most significant facility in Russia, Mondi Syktyvkar, together with two affiliated entities, it announced on Friday. Read More
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Argo Group losses widen amid 'devastating' bond markets
Friday 12 Aug 2022
(Sharecast News) - Bermuda-domiciled specialty insurance underwriter Argo reported first-half revenue of $1.3m on Friday, down from $1.7m a year ago. Read More
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Ascent receives first revenue payment from Slovenia partner
Friday 12 Aug 2022
(Sharecast News) - Onshore energy and natural resources company Ascent announced receipt of the first cash payment from its Slovenian partner on Friday, following the recently-announced agreement on r... Read More
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Eco Atlantic says rig on its way to Orange Basin well
Friday 12 Aug 2022
(Sharecast News) - Oil and gas exploration company Eco Atlantic confirmed on Friday that the 'Island Innovator' rig, owned by Island Drilling Company, had been released and mobilised. Read More
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Pearson to sell SA courseware publishing business for £53m
Friday 12 Aug 2022
(Sharecast News) - Educational publisher Pearson said on Friday that it has agreed to sell 75% of its South African courseware publishing business to Novus Holdings for £53m. Read More
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President Energy pleased with first-half results from Argentina
Friday 12 Aug 2022
(Sharecast News) - President Energy reported first-half results from its operations in Argentina on Friday, reporting turnover of more than $18m for the six-month period. Read More
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ADM Energy confirms 17th lifting from Aje Field
Friday 12 Aug 2022
(Sharecast News) - Natural resources investor ADM Energy announced the completion of the 17th lifting at the Aje Field on Friday, which is part of the OML 113 licence, offshore Nigeria. Read More
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