Company News
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ConvaTec YTD revenues rise amid 'good start' to 2022
Thursday 12 May 2022
(Sharecast News) - Medical products and technologies company ConvaTec said on Thursday that group revenues had risen 4.1% in the four months ended 30 April on a constant currency basis as it made "a g... Read More
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Rolls-Royce trades in line, shows signs of recovery
Thursday 12 May 2022
(Sharecast News) - Aerospace and defence giant Rolls-Royce said on Thursday that its financial performance year-to-date had been in line with expectations as it kept its full-year financial guidance f... Read More
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RHI Magnesita Q1 profits, revenue 'materially ahead'
Thursday 12 May 2022
(Sharecast News) - RHI Magnesita said first-quarter profits were materially higher, driven by robust demand for steel and industrial products and price increases. Read More
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UK Comm Prop REIT buys Leeds hotel project site for £62.7m
Thursday 12 May 2022
(Sharecast News) - UK Commercial Property REIT said it had bought a hotel development opportunity in Leeds, from Marrico (Sovereign Square) Ltd, a joint venture between Marrico LLP and Helios for £62.... Read More
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Balfour Beatty average monthly net cash balances increase
Thursday 12 May 2022
(Sharecast News) - Infrastructure group Balfour Beatty said on Thursday that overall year-to-date trading had been in line with expectations, including a continuation of its recent strong cash perform... Read More
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House prices continue to rise in April - RICS
Thursday 12 May 2022
(Sharecast News) - UK house prices edged higher in April, industry research showed on Thursday, as demand continued to outpace supply. Read More
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JD Sports LFL sales up more than 5% YTD
Thursday 12 May 2022
(Sharecast News) - Retailer JD Sports said on Thursday that like-for-like sales were more than 5% higher year-on-year, driven by both the "strength and breadth" of its brand relationships and category... Read More
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TUI sees return to profit in 2022 as summer demand soars
Wednesday 11 May 2022
(Sharecast News) - Holiday giant TUI said it expected to return to profit in 2022 with "significantly positive" earnings driven by summer demand as Covid travel restrictions eased. Read More
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Thursday preview: UK GDP, BT Group in focus
Wednesday 11 May 2022
(Sharecast News) - Investors attention on Thursday will be on the preliminary reading of UK economic growth during the first quarter, which is expected to have held up well. Read More
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Marshalls shares fall as domestic demand weakens
Wednesday 11 May 2022
(Sharecast News) - Shares in landscaping products supplier Marshalls fell on Wednesday as labour shortages offset strong consumer demand in its domestic division. Read More
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Toyota forecasts drop in annual profits
Wednesday 11 May 2022
(Sharecast News) - Toyota Motor Corporation has warned that profits could fall by a fifth in the coming year, as higher raw material costs, supply chain issues and the pandemic continued to weigh heav... Read More
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Director dealings: Beazley non-exec makes purchases, Onthemarket CFO sells option shares
Wednesday 11 May 2022
(Sharecast News) - Insurance firm Beazley was at the top of the buying side of the ledger on Wednesday, after one of its non-executive directors spent more than £0.1m across four transactions. Read More
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National Grid to pay out £200m from subsea cable revenues
Wednesday 11 May 2022
(Sharecast News) - National Grid is to share some of the excess revenues it generates from subsea electricity cables ahead of schedule, after striking a deal with Ofgem, the energy regulator. Read More
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Clakson makes 'good start' to the year, FY outlook remains 'strong'
Wednesday 11 May 2022
(Sharecast News) - Shipping company Clarkson said on Wednesday that it had made "a good start to the year", with the group benefitting from "improved conditions" across many of the sectors in which it... Read More
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Shares in Bayer fall sharply on Roundup setback
Wednesday 11 May 2022
(Sharecast News) - President Joe Biden's administration has recommended the US Supreme Court reject an appeal by Bayer, sending shares in the German drug and agrochemical giant sharply lower. Read More
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Zephyr reports solid production growth at Williston Basin
Wednesday 11 May 2022
(Sharecast News) - Rocky Mountains-focussed oil and gas company Zephyr Energy said first quarter sales from its Williston Basin portfolio averaged around 1,600 barrels of oil equivalent per day net, u... Read More
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Ilika flags development delays as full-year losses widen
Wednesday 11 May 2022
(Sharecast News) - Solid state battery technology company Ilika said in an update on Wednesday that trading for the financial year just ended was in line with management expectations. Read More
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RBC Capital upgrades Ashtead to 'outperform'
Wednesday 11 May 2022
(Sharecast News) - RBC Capital Markets upgraded Ashtead on Wednesday to 'outperform' from 'sector perform', saying it sees the equipment rental company as a structural long-term beneficiary in the fra... Read More
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Polarean inks long Covid research deal with Oxford NHS trust
Wednesday 11 May 2022
(Sharecast News) - Medical imaging technology company Polarean announced a research collaboration with Oxford University Hospitals NHS Foundation Trust (OUH) on Wednesday, to study the long-term effec... Read More
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DeepMatter signs second deal with South Korea's Standigm
Wednesday 11 May 2022
(Sharecast News) - Digital chemistry and software company DeepMatter has signed a second multi-year licensing and collaboration agreement with Standigm, it announced on Wednesday. Read More
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