Company News
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UK construction sector growth weakest since September 2021
Wednesday 06 Jul 2022
(Sharecast News) - Growth in the UK construction sector slowed in June to its weakest rate since September last year, with housing activity down for the first time in more than two years amid worries ... Read More
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US hedge fund Citadel takes 5% stake in Boohoo
Wednesday 06 Jul 2022
(Sharecast News) - Boohoo shares rallied on Wednesday as it emerged that US hedge fund Citadel had taken a 5.04% stake in the fast-fashion retailer. Read More
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Intermediate Capital in talks to buy Wembley Arena - report
Wednesday 06 Jul 2022
(Sharecast News) - FTSE 100 fund manager Intermediate Capital is reportedly in exclusive talks to buy Wembley Arena after the venue's owner put it up for sale to focus on its build-to-rent business. Read More
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Topps Tiles third quarter in line with expectations, sales rise
Wednesday 06 Jul 2022
(Sharecast News) - Topps Tiles posted a rise in third-quarter sales on Wednesday, with trading in line with the group's expectations. Read More
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AO World announces £40m capital raise to bolster balance sheet
Wednesday 06 Jul 2022
(Sharecast News) - Online electricals retailer AO World has announced plans to raise around £40m through a share placing and primary bid offer to strengthen its balance sheet, increase liquidity back ... Read More
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Amazon takes stake in Just Eat Takeaway's Grubhub
Wednesday 06 Jul 2022
(Sharecast News) - Amazon has agreed to take a 2% stake in Just Eat Takeaway's Grubhub delivery business in a new deal that will see Amazon Prime members receive free food deliveries. Read More
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Robert Walters sees FY profits 'slightly ahead' of market expectations
Wednesday 06 Jul 2022
(Sharecast News) - Recruiter Robert Walters said on Wednesday that full-year profit was set to be slightly ahead of current market expectations following a continued strong performance. Read More
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German factory orders unexpectedly rise in May
Wednesday 06 Jul 2022
(Sharecast News) - German factory orders unexpectedly rose in May, according to figures released on Wednesday by Destatis. Read More
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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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