Company News
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Eli Lilly hikes guidance as obesity drug sales soar
Thursday 08 Aug 2024
(Sharecast News) - Eli Lilly significantly raised its full-year revenue forecast by $3bn on Thursday, after reporting a strong second quarter driven by the robust performance of its blockbuster weight... Read More
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Howard Hughes Holdings confirms potential offer from Pershing Square
Thursday 08 Aug 2024
(Sharecast News) - Real estate firm Howard Hughes Holdings said on Thursday that it had received a potential takeover offer from billionaire Bill Ackman's Pershing Square Capital Management. Read More
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Seeing Machines flags strong fourth quarter
Thursday 08 Aug 2024
(Sharecast News) - Driver monitoring technology company Seeing Machines announced significant growth in its key performance indicators for the fourth quarter on Thursday. Read More
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PetroTal reports solid quarterly progress
Thursday 08 Aug 2024
(Sharecast News) - Peru-focussed oil producer PetroTal reported strong second-quarter financial and operational results on Thursday, reflecting robust production, significant cash flow generation, and... Read More
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Custodian Property reports strong leasing activity
Thursday 08 Aug 2024
(Sharecast News) - Custodian Property Income REIT reported strong leasing activity for the June quarter on Thursday, underpinning its fully covered dividend and supporting a yield of about 7.7%. Read More
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Hostelworld swings to first-half operating profit
Thursday 08 Aug 2024
(Sharecast News) - Accommodation booking platform Hostelworld reported a robust first-half performance on Thursday, driven by record bookings in Asia and Central America and the continued success of i... Read More
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Siemens Q3 profits jump as electrification demand rises
Thursday 08 Aug 2024
(Sharecast News) - German industrial technology conglomerate Siemens held on to full-year guidance on Thursday after posting a big jump in third-quarter profits. Read More
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Oxford Biomedica still expecting small loss after solid first half
Thursday 08 Aug 2024
(Sharecast News) - Cell and gene therapy contract development and manufacturing organisation Oxford Biomedica reported a strong first-half trading performance in an update on Thursday, with revenue ex... Read More
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Impact Healthcare upbeat on first-half performance
Thursday 08 Aug 2024
(Sharecast News) - Impact Healthcare REIT reported a robust set of first-half results on Thursday, reflecting solid growth in its UK healthcare real estate portfolio, particularly care homes. Read More
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Allianz beefs up buyback plan after record first half
Thursday 08 Aug 2024
(Sharecast News) - German insurance and asset management titan Allianz has expanded its share buyback plan this year by 50% after announcing record profits in the first half. Read More
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Lord Saatchi's bid for the Telegraph rejected by RedBird IMI
Thursday 08 Aug 2024
(Sharecast News) - Ex-ad tycoon Lord Maurice Saatchi's bid to acquire the Telegraph has been rejected, it emerged on Thursday, with his offer of £350m failing to progress to the second round of the au... Read More
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Deadline for Bellway to make firm Crest Nicholson offer extended
Thursday 08 Aug 2024
(Sharecast News) - The deadline for Bellway's potential acquisition of Crest Nicholson has been extended, the two companies announced on Thursday, allowing more time for due diligence and negotiation. Read More
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Deutsche Telekom upbeat on strong second-quarter
Thursday 08 Aug 2024
(Sharecast News) - Deutsche Telekom has reported a strong second quarter on Thursday, continuing its steady growth trajectory. Read More
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TT Electronics makes 'good progress' on Project Dynamo in H1
Thursday 08 Aug 2024
(Sharecast News) - Electronic components manufacturer TT Electronics said on Thursday that it has made "good progress" in the early stages of Project Dynamo, its programme to unlock value and drive fi... Read More
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Helios Towers shares slide despite strong first half
Thursday 08 Aug 2024
(Sharecast News) - Helios Towers announced a strong set of first-half results on Thursday, with upgraded full-year guidance, but its share price was well below the waterline as investors reacted to a ... Read More
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Lancashire's first-half profits jump 26%
Thursday 08 Aug 2024
(Sharecast News) - Bermuda-based Lancashire Holdings saw profits rise by 26% in the first six months of 2024 as the non-life insurance group delivered its best-ever half-year performance. Read More
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Derwent London upgrades rental guidance after strong half-year
Thursday 08 Aug 2024
(Sharecast News) - Derwent London reported a strong first-half rental income performance on Thursday, leading to an upgrade to its rental growth guidance. Read More
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Thursday preview: Weekly US jobless claims, Beazley in focus
Thursday 08 Aug 2024
(Sharecast News) - The economic calendar on Thursday will be very light. Read More
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Persimmon on track for FY completions at top end of guidance
Thursday 08 Aug 2024
(Sharecast News) - Housebuilder Persimmon reported a decline in first-half pre-tax profit on Thursday but said it was on track to deliver full-year completions at the top end of guidance. Read More
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Mears H1 revenues grow, raises FY guidance
Thursday 08 Aug 2024
(Sharecast News) - Housing and social care provider Mears raised its full-year guidance on Thursday after it revealed the UK Ministry of Defence had extended certain key contracts. Read More
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