Company News
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Redde Northgate FY profits rise amid strong demand
Wednesday 06 Jul 2022
(Sharecast News) - Commercial vehicle rental provider Redde Northgate reported a rise in full-year profit and revenue on Wednesday amid strong customer demand. Read More
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Assura acquires 17 properties in Q1, sees NHS opportunities
Wednesday 06 Jul 2022
(Sharecast News) - Primary care property investor Assura said it had acquired 17 properties during its fiscal first quarter for £110m. Read More
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Coats buys Texon International for $237m
Wednesday 06 Jul 2022
(Sharecast News) - Industrial thread maker Coats said it had bought footwear parts manufacturer Texon International Group for an enterprise value of $237m. Read More
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Wednesday preview: Fed meeting minutes, US services PMI in focus
Tuesday 05 Jul 2022
(Sharecast News) - All eyes on Wednesday will be on the minutes of the US central bank's last policy meeting and any information that can be gleaned from them regarding the outlook for monetary policy... Read More
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British Airways to axe more flights
Tuesday 05 Jul 2022
(Sharecast News) - British Airways is to cancel a further 1,500 flights this summer as it battles the ongoing travel chaos plaguing the aviation sector. Read More
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Royal Mail managers announce strike dates
Tuesday 05 Jul 2022
(Sharecast News) - Royal Mail managers are to start industrial action later this month in a row over jobs and pay, it was confirmed on Tuesday. Read More
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Director dealings: Nanosynth CEO makes share purchase
Tuesday 05 Jul 2022
(Sharecast News) - Nanosynth revealed on Tuesday that chief executive Mark Duffin had acquired 4.16m ordinary shares in the AIM-listed technology group. Read More
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SAS files for bankruptcy protection in US
Tuesday 05 Jul 2022
(Sharecast News) - Scandinavian carrier SAS has filed for bankruptcy protection in the US after a pilots strike grounded its planes. Read More
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Saga on course to return to profit as travel picks up
Tuesday 05 Jul 2022
(Sharecast News) - Cruises-to-insurance group Saga said it remained on course to turn an annual profit following a strong start to the year. Read More
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Sainsbury's Q1 sales fall 4% as CEO warns pressure on households will rise
Tuesday 05 Jul 2022
(Sharecast News) - UK supermarket chain Sainsbury's said first-quarter underlying sales fell 4% as consumers started to cut back on discretionary spending amid the cost of living crisis. Read More
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Quiz swings to profit as revenues recover from pandemic hit
Tuesday 05 Jul 2022
(Sharecast News) - Fast-fashion retailer Quiz said on Tuesday that it swung back to full-year profit as revenues were boosted by the removal of Covid restrictions. Read More
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Supreme warns on profits amid lighting sales slowdown, shares tank
Tuesday 05 Jul 2022
(Sharecast News) - Supreme shares slid on Tuesday after the company warned on full-year revenue and underlying earnings, citing a slowdown in lighting sales. Read More
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Young & Co sees 'strong trading momentum' carry over into Q1
Tuesday 05 Jul 2022
(Sharecast News) - Pub chain company Young & Co's Brewery said on Tuesday that the "strong trading momentum" achieved in the final quarter of its previous trading year had carried over into the new on... Read More
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Biffa talks with ECP ongoing, takeover deadline extended
Tuesday 05 Jul 2022
(Sharecast News) - Waste management company Biffa said on Tuesday that the UK Takeover Panel has extended the deadline for private equity firm Energy Capital Partners to make a takeover offer as talks... Read More
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B&M names Mike Schmidt as CFO
Tuesday 05 Jul 2022
(Sharecast News) - Variety goods value retailer B&M European Value Retail named Mike Schmidt as its next chief financial officer on Tuesday, succeeding Alex Russo. Read More
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AstraZeneca agrees to acquire TeneoTwo
Tuesday 05 Jul 2022
(Sharecast News) - Drugmaker AstraZeneca has agreed to acquire TeneoTwo and its clinical-stage T-cell engager in a deal worth up to $1.26bn as part of an effort to accelerate the development of the po... Read More
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AO World confirms one credit issuer has cut suppliers' cover
Monday 04 Jul 2022
(Sharecast News) - AO World confirmed on Monday that one of the third-party credit insurers serving some of its suppliers "rebased" its cover with respect to the online electricals retailer in May, to... Read More
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Tuesday preview: UK and euro area services PMIs, RBA rate decision
Monday 04 Jul 2022
(Sharecast News) - All eyes on Tuesday will be on the release of services sector Purchasing Managers' Indices in the UK and euro area covering the month of June. Read More
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Director dealings: Inspecs CEO raises stake
Monday 04 Jul 2022
(Sharecast News) - Inspecs Group revealed on Monday that chief executive officer Robin Totterman had acquired 40,485 ordinary shares in the AIM-listed eyewear designer and manufacturer. Read More
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Deal to buy UK Power Networks collapses after owner hikes price - report
Monday 04 Jul 2022
(Sharecast News) - A £15bn takeover deal to buy UK Power Networks, Britain's largest electricity distributor, has reportedly collapsed after surging inflation sparked a last-minute price rise by its ... Read More
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