Company News
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Royal Mail chief steps down after bruising battle with unions
Friday 12 May 2023
(Sharecast News) - Royal Mail chief executive Simon Thompson has quit after a bitter year-long dispute with the postal workers' union, the company said on Friday. Read More
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Director dealings: Wetherspoon CEO makes £0.14m sale, Rio Tinto non-exec invests
Friday 12 May 2023
(Sharecast News) - Wetherspoon was on the list of director sells on Friday, after the company disclosed a transaction worth more than £0.14m made by its chief executive officer. Read More
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UK retail sales soften - BDO
Friday 12 May 2023
(Sharecast News) - Retail sales dipped last week, industry research showed on Friday, after demand was curtailed by the bank holiday and mixed weather. Read More
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Proteome Sciences to open new San Diego facility
Friday 12 May 2023
(Sharecast News) - Proteomics service provider Proteome Sciences announced its plan to expand operations into the United States on Friday, with a new facility to be located in San Diego, California. Read More
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A&E Networks cancels contract with Blackbird
Friday 12 May 2023
(Sharecast News) - Video editing software specialist Blackbird announced on Friday that A&E Television Networks would terminate its contract with the company at the end of June. Read More
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Touchstone losses widen despite rise in production
Friday 12 May 2023
(Sharecast News) - Touchstone Exploration reported a 53% rise in average production volumes in the first quarter on Friday, to 2,139 barrels of oil equivalent per day, compared to 1,396 equivalent bar... Read More
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Singapore-based Avani buys 30pc of Bens Creek
Friday 12 May 2023
(Sharecast News) - North American metallurgical coal miner Bens Creek announced on Friday that its largest shareholder MBU Capital Group has sold 119,218,394 existing shares to Avani Resources. Read More
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FireAngel wins £1.5m Middle East government contract
Friday 12 May 2023
(Sharecast News) - Home safety technology developer FireAngel announced the award of a £1.5m contract by a government agency on Friday, to provide smoke and heat alarms for a significant connected ala... Read More
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Eden Research gets product approvals in California and Florida
Friday 12 May 2023
(Sharecast News) - Biopesticides developer Eden Research announced the receipt of regulatory approvals for its formulated products 'Cedroz' in California, and 'Mevalone' and 'Cedroz' in Florida on Fri... Read More
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Richemont posts record sales as China reopens
Friday 12 May 2023
(Sharecast News) - Luxury goods specialist Richemont reported a surge in annual sales and profits on Friday, as demand in China bounced back. Read More
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CMO Group confident after full-year revenue growth
Friday 12 May 2023
(Sharecast News) - Building materials retailer CMO Group reported a 9% increase in revenue in its preliminary results on Friday, to £83.1m, despite a challenging year for retail. Read More
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Ironveld reports positive operational progress
Friday 12 May 2023
(Sharecast News) - Mining developer Ironveld updated the market on recent activities at its Rustenburg and Limpopo smelting operations on Friday, as well as its partnership with BurnStar Technologies. Read More
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Tritax EuroBox secures 10-year green lease at Dusseldorf site
Friday 12 May 2023
(Sharecast News) - Continental Europe-focussed logistics property investor Tritax EuroBox announced the securing of a 10-year green lease with a leading logistics firm for its recently-completed 36,00... Read More
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GSK sells 2.5% Haleon stake at discount for £804m
Friday 12 May 2023
(Sharecast News) - UK pharmaceuticals company GSK said it had sold a 2.5% stake in Haleon at 335p a share, raising £804m. Read More
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Autonomy founder Mike Lynch extradited to US
Friday 12 May 2023
(Sharecast News) - British businessman Mike Lynch has been extradited to the US after losing a long-running legal battle, it was reported on Friday. Read More
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Canadian court dismisses GSK Zantac litigation
Friday 12 May 2023
(Sharecast News) - A proposed class action against GSK has been dismissed by a court in Canada, the UK drugs giant confirmed on Friday. Read More
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THG calls off takeover talks with Apollo Global
Friday 12 May 2023
(Sharecast News) - Online retailer THG called off take-over talks with US private equity outfit Apollo Global Management. Read More
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Beazley reports 'strong' Q1 growth, confident on guidance
Friday 12 May 2023
(Sharecast News) - Beazley posted strong growth for the first quarter and reiterated its full-year guidance. Read More
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Balfour Beatty sees flat FY profit; Current trading in line
Friday 12 May 2023
(Sharecast News) - Infrastructure group Balfour Beatty said it expected annual profits to be flat, with current trading in line with expectations. Read More
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Gamma reportedly courting ex-Softcat boss as its next chair
Thursday 11 May 2023
(Sharecast News) - London-based telecommunications company Gamma Communications is reportedly in advanced talks with ex-Softcat chief executive officer Martin Hellawell, it emerged on Thursday, to tak... Read More
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