Company News
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KPMG slapped with £14.4m fine over Carillion audit
Monday 25 Jul 2022
(Sharecast News) - KPMG has been slapped with its largest-ever UK fine for providing "false and misleading" information to the accounting watchdog during inspections of its audits of collapsed outsour... Read More
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Begbies Traynor to acquire London-based brokerage Mantra Capital
Monday 25 Jul 2022
(Sharecast News) - Corporate restructuring specialist Begbies Traynor has agreed to acquire London-based property finance brokerage Mantra Capital and its Axiom Consulting & Investments and Ellayaan s... Read More
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Crimson Tide wins 'significant' new long-term contract win
Monday 25 Jul 2022
(Sharecast News) - Software company Crimson Tide has won a "significant new long-term contract win" with a national supplier in the utilities sector. Read More
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France's Eutelsat in merger talks with UK's OneWeb
Monday 25 Jul 2022
(Sharecast News) - France's Eutelsat Communications confirmed on Monday that it has engaged in merger talks with UK rival OneWeb. Read More
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Philips slashes guidance as China lockdowns hit Q2 sales
Monday 25 Jul 2022
(Sharecast News) - Dutch technology conglomerate Philips reported a 7% fall in comparable group sales in its second quarter on Monday, to €4.2bn (£3.57bn), mainly caused by continued supply shor... Read More
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7digital inks long-term contract with B2B music fintech
Monday 25 Jul 2022
(Sharecast News) - Digital music solutions group 7digital said on Monday that it has inked a long-term contract with business-to-business music fintech company Utopia Music. Read More
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Serica board rejects revised offer from Kistos
Monday 25 Jul 2022
(Sharecast News) - Kistos announced a revised proposal for Serica Energy on Monday, after its first offer was rejected by the Serica board on 1 June. Read More
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Card Factory CFO Kris Lee heading for the exit
Monday 25 Jul 2022
(Sharecast News) - Card Factory said on Monday that chief financial officer Kris Lee has agreed to leave the company following a transition period and will receive £40,000 in compensation for loss of ... Read More
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Judges Scientific trading varied amid post-Covid recovery
Monday 25 Jul 2022
(Sharecast News) - Scientific instrument technology investor Judges Scientific reported "continued resilience and progress" in its first half on Monday as it recovered from the Covid-19 pandemic, with... Read More
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SThree delivers 'excellent' H1 performance, revenue and profits up double digits
Monday 25 Jul 2022
(Sharecast News) - Staffing business SThree said on Monday that it had delivered an "excellent performance" in the six months ended 31 May, with both revenue and profits up double digits year-on-year. Read More
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Spirax-Sarco signs binding £223m deal to buy Vulcanic Group
Monday 25 Jul 2022
(Sharecast News) - Thermal energy and pumping specialist Spirax-Sarco Engineering has signed a binding definitive agreement to acquire the Vulcanic Group from French private equity company Qualium, it... Read More
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Hill & Smith proposes £62m sale of France Galva
Monday 25 Jul 2022
(Sharecast News) - Infrastructure and transport engineering company Hill & Smith announced the proposed disposal of its French galvanising and steel lighting column operations, France Galva, for a net... Read More
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Sanne delivers double-digit organic revenue growth in H1
Monday 25 Jul 2022
(Sharecast News) - Financial services company Sanne Group said on Monday that it had delivered "a strong performance" in the six months ended 30 June, with a return to double-digit organic revenue gro... Read More
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Naked Wines CFO Shawn Tabak steps down
Monday 25 Jul 2022
(Sharecast News) - Naked Wines said on Monday that chief financial officer Shawn Tabak agreed to step down by mutual agreement with effect from last Friday. Read More
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AstraZeneca GMG drug recommended for EU approval
Monday 25 Jul 2022
(Sharecast News) - AstraZeneca said its treatment for the rare autoimmune neuromuscular disease generalised myasthenia gravis (GMG) has been recommended for marketing authorisation in the European Uni... Read More
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Ryanair swings to profit in Q1 as traffic recovers
Monday 25 Jul 2022
(Sharecast News) - Budget airline Ryanair said on Monday that it swung to a profit in the first quarter as traffic recovered, but did not provide any guidance for the year given the "fragile" air trav... Read More
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AstraZeneca asthma drug gets EU marketing approval
Monday 25 Jul 2022
(Sharecast News) - AstraZeneca's asthma treatment Tezspire has been recommended for marketing authorisation in the European Union as an add-on therapy in patients 12 years and older, the company said. Read More
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Primary Health Properties buys medical centre for £7.25m
Monday 25 Jul 2022
(Sharecast News) - Primary Health Properties has bought the Strawberry Hill Medical Centre, Newbury for £7.25m, the company said on Monday. Read More
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Vesuvius sees FY trading profit at top end of expectations
Monday 25 Jul 2022
(Sharecast News) - Molten metal flow engineer Vesuvius said on Monday that full-year trading profit was set to be towards to the top of the range of analyst expectations following better-than-expected... Read More
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AstraZeneca breast cancer drug granted priority review by US FDA
Monday 25 Jul 2022
(Sharecast News) - Drugmaker AstraZeneca said on Monday that its Enhertu metastatic breast cancer asset had been granted priority review status in the US following results from its DESTINY-Breast04 tr... Read More
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