Company News
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Sony posts jump in annual revenues but supply chain issues persist
Tuesday 10 May 2022
(Sharecast News) - Sony Group Corporation reported a jump in full-year revenues on Tuesday, but warned it may need to revise down sales forecasts for the current year if supply chain issues persist. Read More
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GFG faces insolvency battle as Credit Suisse pulls debt talks - report
Tuesday 10 May 2022
(Sharecast News) - Sanjeev Gupta's GFG Alliance faces insolvency after Credit Suisse pulled out of debt settlement talks, according to reports on Tuesday. Read More
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Pfizer to buy migraine drug maker Biohaven in $11.6bn deal
Tuesday 10 May 2022
(Sharecast News) - Pfizer said on Tuesday that it has agreed to buy Biohaven Pharmaceutical in an $11.6bn cash deal, sending shares in the migraine drug maker soaring. Read More
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Tesco chair calls for windfall tax on energy firms
Tuesday 10 May 2022
(Sharecast News) - Tesco chairman John Allan on Tuesday said there was an "overwhelming case" for a windfall tax on energy companies to help ease the cost-of-living crisis for most Britons. Read More
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Investor morale edges higher in Germany
Tuesday 10 May 2022
(Sharecast News) - German investor confidence strengthened slightly in May, against expectations, according to a closely-watched survey published on Tuesday. Read More
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Seeing Machines inks its first Japanese carmaker deal
Tuesday 10 May 2022
(Sharecast News) - Driver monitoring technology company Seeing Machines has been appointed by an existing customer and global automotive tier 1 supplier to deliver its 'FOVIO' driver monitoring system... Read More
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Greatland Gold awarded grant for drilling at Rudall
Tuesday 10 May 2022
(Sharecast News) - Precious and base metals miner Greatland Gold has been awarded a grant from the Western Australian Government, it announced on Tuesday, to co-fund exploration drilling and mobilisat... Read More
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MaxCyte reports good first quarter revenue growth
Tuesday 10 May 2022
(Sharecast News) - Cell engineering technology company MaxCyte reported total first quarter revenue of $11.6m (£9.42m) in an update on Tuesday - an increase of 78% year-on-year. Read More
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FD Technologies confident after year of solid growth
Tuesday 10 May 2022
(Sharecast News) - FD Technologies reported an 11% improvement in revenue in its full-year results on Tuesday, to £263.5m, with further growth expected going forward. Read More
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Heathrow lifts passenger numbers guidance but warns of 'challenges'
Tuesday 10 May 2022
(Sharecast News) - Britain's Heathrow Airport on Tuesday lifted its 2022 passenger number forecast as demand for leisure travel started to surge, but warned of "significant challenges" and said it wou... Read More
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Shares surge as PMI and Swedish Match confirm talks
Tuesday 10 May 2022
(Sharecast News) - Shares in Swedish Match sparked on Tuesday after it emerged the owner of Snus was in talks with Philip Morris International about a potential $16bn takeover. Read More
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XLMedia enters into media partnership with Advance Local
Tuesday 10 May 2022
(Sharecast News) - Digital performance publisher XLMedia has entered into a media partnership with Advance Local that will see the pair become the exclusive provider of sports betting content for Ohio... Read More
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Treatt ups full-year revenue outlook
Tuesday 10 May 2022
(Sharecast News) - Ingredients group Treatt upgraded its full-year revenue guidance on Monday following a strong start to the year. Read More
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Genel Energy's appraisal well fails to achieve 'stable and sustained' commercial flow
Tuesday 10 May 2022
(Sharecast News) - Oil producer Genel Energy said on Tuesday that testing of its Sarta-5 appraisal well was now complete and noted that while oil was recovered to the surface from a number of interval... Read More
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Ibstock to buy back up to £30m of shares
Tuesday 10 May 2022
(Sharecast News) - Brickmaker Ibstock announced a share buyback programme of up to £30m on Tuesday, in a bid to reduce its share capital and return value to shareholders, in line with its capital allo... Read More
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3i Infrastructure FY return ahead of target, pre-tax profit rises
Tuesday 10 May 2022
(Sharecast News) - 3i Infrastructure said on Tuesday that it achieved a full-year return well ahead of its target as it posted a jump in pre-tax profit. Read More
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Centrica FY adjusted EPS seen at top end of expectations
Tuesday 10 May 2022
(Sharecast News) - Energy services business Centrica said on Tuesday it expected full-year adjusted earnings per share to be at the top end of analyst expectations after a strong performance in the f... Read More
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Cineworld obtains undertakings to waive guaranteed convertible bonds
Tuesday 10 May 2022
(Sharecast News) - Movie theatre operator Cineworld said on Tuesday that it had obtained undertakings to waive from the holders of its guaranteed convertible bonds due in 2025. Read More
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Coats sells Brazil, Argentina business for undisclosed sum
Tuesday 10 May 2022
(Sharecast News) - UK-based thread maker Coats Group said it had sold its Brazil and Argentina business to Reelpar, an entity backed by a Sao Paulo private equity firm, for an undisclosed sum. Read More
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Wizz Air eyes potential expansion into Saudi Arabia
Tuesday 10 May 2022
(Sharecast News) - Low-cost carrier Wizz Air has inked a memorandum of understanding with the Ministry of Investment of the Kingdom of Saudi Arabia that will see the pair explore airline market develo... Read More
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