Company News
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Boohoo cancelling orders with suppliers as sales slow - report
Monday 26 Sep 2022
(Sharecast News) - Fast fashion retailer Boohoo and discount chain Wilko are reportedly turning the screws on suppliers amid slowing sales and surging costs. Read More
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Anglo American starts ops at Peru mine, lowers Chile output guidance
Monday 26 Sep 2022
(Sharecast News) - Mining giant Anglo American said it had started commercial copper operations at its Peruvian Quellaveco project and also lowered Chilean production guidance. Read More
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Moneysupermarket poaches new CFO McBride from Ocado Retail
Monday 26 Sep 2022
(Sharecast News) - Moneysupermarket.com said on Monday that it has appointed Niall McBride as its new chief financial officer. Read More
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LXi REIT abandons acquisition of Sainsbury's stores
Monday 26 Sep 2022
(Sharecast News) - LXi REIT said on Monday that it won't be going ahead with the £500m acquisition of 18 grocery store assets from Sainsbury's that was announced last week due to "market volatility". Read More
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Frasers to make mandatory offer for MySale after procuring 48% of shares
Monday 26 Sep 2022
(Sharecast News) - Retail group Frasers said it now intends to make a mandatory offer for Australian online fashion discounter MySale after procuring 48.5% of the company's stock, including the shareh... Read More
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Supermarket Income REIT acquires Tesco site in Bristol
Monday 26 Sep 2022
(Sharecast News) - Property investor Supermarket Income REIT has acquired a Tesco supermarket, an Iceland Food Warehouse, and a number of complementary non-grocery units in Bristol for £84.0m. Read More
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UK house prices continue to rise - Rightmove
Monday 26 Sep 2022
(Sharecast News) - House prices continued to push higher in September, industry data showed on Monday, despite the cost-of-living crisis and interest rates at 14-year highs. Read More
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Unilever CEO to retire at end of 2023
Monday 26 Sep 2022
(Sharecast News) - Consumer goods giant Unilever revealed on Monday that chief executive Alan Jone will retire from the company at the end of 2023, after five years in the role. Read More
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Director dealings: Bridgepoint chair buys almost £1m in shares
Friday 23 Sep 2022
(Sharecast News) - Bridgepoint shares were in negative territory on Friday afternoon, after the company's chairman spent almost £1m on 400,000 of its shares. Read More
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Egdon shares jump on end of UK fracking ban
Friday 23 Sep 2022
(Sharecast News) - Egdon Resources issued a statement "welcoming" the lifting of the UK government's ban on fracking on Friday. Read More
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Scancell presents new, positive data on possible cancer therapies
Friday 23 Sep 2022
(Sharecast News) - Immunotherapy developer Scancell was presenting two posters at the EuroMAbNet 12th annual meeting in Hamburg on Friday, with the first highlighting new data on its 'AvidiMab' and 'G... Read More
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Crossword Cybersecurity raises £3.6m for product and sales development
Friday 23 Sep 2022
(Sharecast News) - Crossword Cybersecurity announced that it had raised £3.6m in a placing on Friday, to be used on sales and marketing, product development and geographical expansion. Read More
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Longboat Energy upbeat on drilling at OMV licence
Friday 23 Sep 2022
(Sharecast News) - Emerging explorer and producer Longboat Energy announced the encounter of hydrocarbons in the OMV-operated exploration well 30/5-4S on Friday, where it has a 20% interest. Read More
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Tekcapital's MicroSalt to launch US retail product
Friday 23 Sep 2022
(Sharecast News) - Intellectual property investor Tekcapital announced on Friday that its portfolio company MicroSalt would launch the "first full-flavour" lower sodium table salt shaker to major reta... Read More
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Revenues rise, losses narrow for B90 Holdings
Friday 23 Sep 2022
(Sharecast News) - Gaming marketing and operating company B90 reported a 150% increase in revenues in its first half on Friday, to €1m. Read More
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Tern assets under management decrease 'marginally'
Friday 23 Sep 2022
(Sharecast News) - Technology investor Tern reported assets under management of £30.2m at the end of its first half on Friday - a "marginal decrease" from the £30.6m it recorded at the end of December... Read More
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Navitas joins Rockhopper as new operator at Sea Lion
Friday 23 Sep 2022
(Sharecast News) - Oil and gas explorer and producer Rockhopper Exploration announced on Friday that the transaction enabling Harbour Energy to exit the North Falkland Basin had been completed. Read More
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Oracle Power losses widen as it progresses various projects
Friday 23 Sep 2022
(Sharecast News) - Natural resources project developer Oracle Power reported a first-half loss after tax of £0.36m on Friday, widening from £0.3m year-on-year. Read More
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Cash-strapped shoppers boost profits at TheWorks
Friday 23 Sep 2022
(Sharecast News) - Shares in TheWorks.co.uk surged on Friday, after the budget retailer posted a significant jump in annual sales and profits. Read More
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Chancellor slashes taxes in bid to boost growth
Friday 23 Sep 2022
(Sharecast News) - Newly-appointed chancellor Kwasi Kwarteng unveiled his plans to boost economic growth on Friday, including axing the cap on bankers' bonuses, abolishing the highest rate of income t... Read More
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