Company News
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Jefferies upgrades Johnson Matthey to 'buy'
Wednesday 04 May 2022
(Sharecast News) - Jefferies upgraded shares of Johnson Matthey on Wednesday to 'buy' from 'hold', lifting the price target to 2,600p from 2,100p after Standard Investments took a stake in the company... Read More
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Johnson Service Group confident in recovery through rest of the year
Wednesday 04 May 2022
(Sharecast News) - Johnson Service Group said in an update on Wednesday that workwear volumes were remaining stable, leading to like-for-like revenue growth of more than 3% compared to the first quart... Read More
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Musk considering 'slight fee' for commercial Twitter users
Wednesday 04 May 2022
(Sharecast News) - Elon Musk is considering introducing a "slight fee" for commercial and government Twitter users. Read More
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Financial Reporting Council to investigate GFG Alliance audits
Wednesday 04 May 2022
(Sharecast News) - UK accounting watchdog the Financial Reporting Council revealed on Wednesday that it has launched four investigations into audits by King & King of steel and aluminium companies own... Read More
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Chief executive to step down as Joules warns on profits
Wednesday 04 May 2022
(Sharecast News) - Shares in Joules Group plunged by more than a third on Wednesday, after the premium retailer warned on profits and announced chief executive Nick Jones was stepping down. Read More
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Shares in Boohoo tumble as pandemic hits profits
Wednesday 04 May 2022
(Sharecast News) - Fast fashion retailer Boohoo Group reported a sharp decline in annual profits on Wednesday and warned of a difficult year ahead, causing the shares to tumble. Read More
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AstraZeneca's Imfinzi granted priority review in the US
Wednesday 04 May 2022
(Sharecast News) - Drugmaker AstraZeneca said on Wednesday that a supplemental biologics license application for its Imfinzi asset, in combination with standard-of-care chemotherapy, had been accepted... Read More
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Cineworld seeks another extension to Regal shareholder payments
Wednesday 04 May 2022
(Sharecast News) - Cineworld said on Wednesday that it was looking to delay its payments to former Regal Entertainment shareholders further, having agreed an extension already in February. Read More
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Ryanair traffic, load factor jump in April
Wednesday 04 May 2022
(Sharecast News) - Budget airline Ryanair reported a jump in traffic and load factor for April on Wednesday, as it recovers from the impact of pandemic restrictions. Read More
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OSB Group delivers 'strong' Q1 financial and operational performance
Wednesday 04 May 2022
(Sharecast News) - Lending and retail savings group OSB said on Wednesday that its recent "strong financial and operational performance" had continued throughout the first quarter of 2022. Read More
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Luceco shares tumble after profit warning
Wednesday 04 May 2022
(Sharecast News) - Luceco shares tumbled on Wednesday as the LED lighting manufacturer and distributor warned on profits after some customers overstocked in 2021 due to supply chain issues. Read More
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Tritax Big Box makes 'positive start' to 2022
Wednesday 04 May 2022
(Sharecast News) - Real estate investment trust Tritax Big Box said on Wednesday that it had made a "positive start to the year" amid continued development and asset management progress. Read More
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Wetherspoons expects to break even for the year but warns over costs
Wednesday 04 May 2022
(Sharecast News) - Pub chain Wetherspoons posted a dip in third-quarter sales on Wednesday as it warned over rising costs but said it expects to break even this year as sales improve slowly. Read More
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Direct Line Q1 premiums fall due to new FCA rules
Wednesday 04 May 2022
(Sharecast News) - Insurance company Direct Line reported lower gross premiums for the first quarter as new rules on pricing practices impacted results. Read More
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HSBC launches $1bn share buyback
Wednesday 04 May 2022
(Sharecast News) - HSBC said on Wednesday that it has launched its $1bn planned share buyback. Read More
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Aston Martin core earnings rise, appoints ex-Ferrari boss as CEO
Wednesday 04 May 2022
(Sharecast News) - Luxury car maker Aston Martin Lagonda reported a rise in adjusted core earnings on Wednesday amid strong retail demand and announced the appointment of former Ferrari boss Amedeo Fe... Read More
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Flutter Q1 revenues grow amid spike in monthly player numbers
Wednesday 04 May 2022
(Sharecast News) - Bookmaker Flutter Entertainment saw group revenues grow in the three months ended 31 March as the number of average monthly players rose by 15% to 8.85m. Read More
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UK shop price rises hit decade high - survey
Wednesday 04 May 2022
(Sharecast News) - Prices in UK stores rose at their fastest pace for more than a decade in April as high energy prices and the war in Ukraine pushed up costs for suppliers and retailers, an industry ... Read More
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Russia exit pushes BP into $23bn loss but underlying profits soar on higher prices
Tuesday 03 May 2022
(Sharecast News) - Energy giant BP swung to a massive first quarter loss as it took a $24bn writedown on its decision to exit its Russian interests, the company said on Tuesday, but underlying profits... Read More
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Wednesday preview: US Fed, services PMIs in the spotlight
Tuesday 03 May 2022
(Sharecast News) - All eyes on Wednesday will be on the US central bank to see whether rate-setters follow through on their recent accelerated plans for tightening policy or even go a bit further. Read More
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