Company News
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Yellow Cake reports rise in value of uranium held
Wednesday 27 Apr 2022
(Sharecast News) - Long-term uranium investor Yellow Cake reported an estimated net asset value at the end of the March quarter of £4.42 per share, or $1.07bn, in an update on Wednesday. Read More
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Lloyds Bank posts better-than-expected profits but warns on defaults
Wednesday 27 Apr 2022
(Sharecast News) - Britain's Lloyds Bank posted better-than-expected first quarter profits on Wednesday, but warned of an uncertain economic outlook amid the cost of living crisis facing Britons. Read More
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AB Dynamics confident after strong first half
Wednesday 27 Apr 2022
(Sharecast News) - Testing and measurement technology company AB Dynamics reported a 29% improvement in first half revenue year-on-year on Wednesday, to £37.8m, as its board said it had confidence it ... Read More
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Nichols flags strong growth, announces chair's retirement
Wednesday 27 Apr 2022
(Sharecast News) - Nichols said in a trading update on Wednesday that revenue for the March quarter continued to grow strongly, increasing 28.9% year-on-year to £39.6m, as its long-standing chairman a... Read More
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LondonMetric buys two logistics assets for £28.8m
Wednesday 27 Apr 2022
(Sharecast News) - Property company Londonmetric Property has acquired two urban logistics properties for £28.8m in separate transactions, reflecting an anticipated blended yield of 4.5% and a reversi... Read More
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Tesla shares tumble on Musk's Twitter bid
Wednesday 27 Apr 2022
(Sharecast News) - Tesla's share price fell sharply following Elon Musk's $44bn bid for Twitter, wiping more than $125bn off the carmaker's valuation. Read More
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System1 FY revenues grow, profits fall on elevated opex
Wednesday 27 Apr 2022
(Sharecast News) - Marketing platform operator System1 said on Wednesday that revenues had grown in the twelve months ended 31 March but cautioned that full-year adjusted pre-tax profits looked set to... Read More
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Aveva warns of hit from Russia sanctions
Wednesday 27 Apr 2022
(Sharecast News) - Industrial software company Aveva Group warned of lower revenue growth and margins due to sanctions on Russia over its invasion of Ukraine and rising costs. Read More
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GSK sales top forecasts
Wednesday 27 Apr 2022
(Sharecast News) - GlaxoSmithKline posted above-forecast numbers on Wednesday, boosted by strong demand for its Covid-19 drug. Read More
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AstraZeneca's Enhertu granted FDA breakthrough therapy designation
Wednesday 27 Apr 2022
(Sharecast News) - Drugmaker AstraZeneca's Enhertu candidate has been granted breakthrough therapy designation in the US for adult patients with HER2-low metastatic breast cancer. Read More
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Inspecs reports solid first quarter performance
Wednesday 27 Apr 2022
(Sharecast News) - Eyewear designer and manufacturer Inspecs Group reported a "strong" trading performance in the first quarter on Wednesday, with revenues growing by $7.9m (£6.29m) year-on-year, to $... Read More
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John Foley to step down as M&G chief executive
Wednesday 27 Apr 2022
(Sharecast News) - M&G announced on Wednesday that group chief executive John Foley has informed the board of his intention to retire. Read More
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Fresnillo maintains guidance after mixed first quarter
Wednesday 27 Apr 2022
(Sharecast News) - Precious metals miner Fresnillo reported attributable silver production of 13.3 million ounces including Silverstream in its first quarter on Wednesday, up 2.8% over the last quarte... Read More
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WH Smith swings to interim profit as travel rebounds after Covid peak
Wednesday 27 Apr 2022
(Sharecast News) - Stationery and travel outlet chain WH Smith swung to a profit for a profit for the half-year as air and rail passengers returned after Covid lockdowns. Read More
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Metro Bank delivers flat QoQ performance
Wednesday 27 Apr 2022
(Sharecast News) - High street lender Metro Bank has reported a broadly flat quarter-on-quarter performance for the three months ended 31 March but maintained that it remained on track to deliver on i... Read More
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Drax confident in full-year performance after strong quarter
Wednesday 27 Apr 2022
(Sharecast News) - Drax Group said in an update on Wednesday that, after a strong first quarter, it expected 2022 adjusted EBITDA to be around the top end of the current range of analyst expectations. Read More
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WPP makes 'strong start' to FY, raises LFL revenue guidance
Wednesday 27 Apr 2022
(Sharecast News) - Communications group WPP has made a "strong start to the year", with like-for-like revenue guidance being raised from 5% to 5.5-6.5% amid continued investment into growth. Read More
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LSE Group makes 'strong progress' in first quarter
Wednesday 27 Apr 2022
(Sharecast News) - London Stock Exchange Group reported "strong" financial and operational progress in the first quarter on Wednesday, with total income excluding recoveries up 6.3%. Read More
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Primary Health Properties makes 'good progress' in first quarter
Wednesday 27 Apr 2022
(Sharecast News) - Primary Health Properties reported "good progress" in converting its year-end pipeline into committed deals in its first quarter on Wednesday. Read More
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Persimmon trades in line with FY expectations
Wednesday 27 Apr 2022
(Sharecast News) - Housebuilding company Persimmon said on Wednesday that it was currently trading in line with expectations, with demand remaining strong and private average sales rates rising 2% yea... Read More
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