Company News
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XXL to go ahead with rights issue as Frasers bid unlikely to succeed
Friday 13 Dec 2024
(Sharecast News) - Norwegian sportswear retailer XXL said on Friday that it would go ahead with a rights issue as a takeover offer from Mike Ashley's Frasers Group's was unlikely to succeed. Read More
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Chapel Down appoints new CEO as CFO steps down
Friday 13 Dec 2024
(Sharecast News) - Chapel Down Group announced the appointment of James Pennefather as its new chief executive officer on Friday, effective 1 February. Read More
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Boohoo urges shareholders to vote against Mike Ashley board appointment
Friday 13 Dec 2024
(Sharecast News) - Boohoo's board responded to the latest chapter in its dispute with Frasers Group on Friday, opposing the latter's desired board appointments, citing what it called "irreconcilable c... Read More
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Portmeirion issues profit warning amid 'challenging and unpredictable market conditions'
Friday 13 Dec 2024
(Sharecast News) - Pottery business Portmeirion warned on Friday that both revenue and pre-tax profits for the year ending 31 December were now expected to be below market expectations. Read More
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Royal Mail fined £10.5m for missing delivery targets
Friday 13 Dec 2024
(Sharecast News) - Royal Mail has been fined £10.5m by the communications regulator Ofcom for failing to meet delivery targets for first and second-class mail in the 2023-2024 financial year. Read More
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German exports fall by more than expected 2.8% in October
Friday 13 Dec 2024
(Sharecast News) - German exports in October fell by a more-than-expected 2.8% and imports dropped 0.1% month on month on a seasonally adjusted basis, according to official data published on Friday. Read More
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Schroders reportedly looking to offload Indonesian unit
Friday 13 Dec 2024
(Sharecast News) - UK-based asset manager Schroders is reportedly looking to sell its Indonesian business as it considers exiting some sub-scale markets under new boss Richard Oldfield. Read More
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UK consumer confidence ticks higher - GfK
Friday 13 Dec 2024
(Sharecast News) - UK consumer confidence nudged modestly higher in December, a long-running survey showed on Friday. Read More
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Tullow Oil in preliminary talks over potential takeover by Kosmos
Thursday 12 Dec 2024
(Sharecast News) - Tullow Oil confirmed on Thursday that it is in preliminary talks with Kosmos Energy about a possible all-share offer for the oil and gas exploration company. Read More
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UK energy firms must offer 'zero' standing charge tariffs - Ofgem
Thursday 12 Dec 2024
(Sharecast News) - UK energy suppliers have been ordered to offer customers a zero standing charge tariff by next winter after intense criticism of the controversial fees. Read More
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Director dealings: Ashtead CEO snaps up shares
Thursday 12 Dec 2024
(Sharecast News) - Ashtead revealed on Thursday that chief executive officer Brendan Horgan had acquired 4,000 ordinary shares in the FTSE 100-listed industrial equipment rental firm. Read More
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Helix confirms helium discovery at Rudyard Project
Thursday 12 Dec 2024
(Sharecast News) - Helix Exploration confirmed a commercial helium discovery at its Darwin #1 well, part of the Rudyard Project within the Montana Helium Fairway, on Thursday. Read More
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Friday preview: UK GDP, consumer confidence in the spotlight
Thursday 12 Dec 2024
(Sharecast News) - Investors' focus at the end of the week will be on a reading for UK gross domestic product covering the month of October. Read More
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Orcadian strikes farm-out deal for Earlham and Orwell
Thursday 12 Dec 2024
(Sharecast News) - Orcadian Energy announced a farm-out agreement for a 50% stake in its Earlham and Orwell gas projects to the Marine Low Carbon Power Company (MLCP) on Thursday. Read More
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Make UK appoints Lord Harrington as new chair
Thursday 12 Dec 2024
(Sharecast News) - Make UK said on Thursday that it has appointed Lord Richard Harrington as its new chair, succeeding Lord Hutton, who has chaired the manufacturers' organisation since 2022. Read More
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Botswana Diamonds discovers seven significant kimberlite anomalies
Thursday 12 Dec 2024
(Sharecast News) - Botswana Diamonds announced the discovery of seven significant kimberlite anomalies in Botswana on Thursday, marking a major development in its exploration efforts. Read More
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Firering commissions first of eight kilns at Limeco project
Thursday 12 Dec 2024
(Sharecast News) - Firering Strategic Minerals announced the successful commissioning of the first of eight kilns at its Limeco quicklime project in Zambia on Thursday. Read More
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Firering commissions first of eight kilns at Limeco project
Thursday 12 Dec 2024
(Sharecast News) - Firering Strategic Minerals announced the successful commissioning of the first of eight kilns at its Limeco quicklime project in Zambia on Thursday. Read More
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Rio Tinto to invest $2.5bn to expand Argentina's Rincon project
Thursday 12 Dec 2024
(Sharecast News) - Rio Tinto said on Thursday that it will invest $2.5bn to expand the Rincon project in Argentina, its first commercial scale lithium operation. Read More
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Inspiration Healthcare names Harout Rafi as CEO
Thursday 12 Dec 2024
(Sharecast News) - Medical technology firm Inspiration Healthcare said on Thursday that it had nominated Harout Rafi to take over as the group's next chief executive officer. Read More
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