Company News
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Volex wins 'major' new contract with US carmaker
Thursday 27 Apr 2023
(Sharecast News) - Power and data transmission products manufacturer Volex announced a major new contract win on Thursday, with an unnamed "leading global North America-based" automotive manufacturer. Read More
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Avacta doses first patient in US tumour treatment trial
Thursday 27 Apr 2023
(Sharecast News) - Oncology and diagnostics developer Avacta announced the dosing of the first patient in the United States under its investigational new drug (IND) application on Thursday - a milesto... Read More
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Train drivers to strike again after 'risible' pay offer
Thursday 27 Apr 2023
(Sharecast News) - Train drivers' union Aslef rejected a pay offer from 16 train operators on Thursday, announcing several more days of strike action in May and June. Read More
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Naked Wines lifts FY profit outlook again
Thursday 27 Apr 2023
(Sharecast News) - Naked Wines said on Thursday full-year underlying profit was set to be at the top end or slightly above its guidance range. Read More
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Molten Ventures sees gross portfolio value contract
Thursday 27 Apr 2023
(Sharecast News) - Venture capital firm Molten Ventures said on Thursday that both its gross portfolio and net asset values had fallen in the twelve months ended 31 March but said its portfolio compan... Read More
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Flutter Entertainment appoints John Bryant as chair
Thursday 27 Apr 2023
(Sharecast News) - Gambling group Flutter Entertainment, which owns Paddy Power and Betfair, has appointed John Bryant as a non-executive director and chair designate. Read More
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Hotel Chocolat warns over sales miss, shares slide
Thursday 27 Apr 2023
(Sharecast News) - Hotel Chocolat warned on Thursday that full-year underlying pre-tax profit was set to break even, while sales will be slightly lower than market expectations after a weaker-than-exp... Read More
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LSE posts better-than-expected Q1 income and gross profits
Thursday 27 Apr 2023
(Sharecast News) - The London Stock Exchange posted better-than-expected income and gross profits for the first quarter, thanks to a strong showing by its Data and Analytics and Post Trade divisions. Read More
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Sainsburys lifts guidance despite squeeze on FY profits amid price war
Thursday 27 Apr 2023
(Sharecast News) - UK supermarket chain Sainsbury's on Thursday lifted guidance for the current fiscal year after posting a fall in 2022/23 profits as it spent £560m to keep prices low in the battle f... Read More
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Petrofac losses widen amid 'legacy' portfolio challenges
Thursday 27 Apr 2023
(Sharecast News) - Oilfield services company Petrofac reported a decline in revenue in its results on Thursday, to $2.59bn in 2022 from $3.04bn in the prior year. Read More
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Capricorn Energy shares slump despite $575m payout pledge
Thursday 27 Apr 2023
(Sharecast News) - Troubled oil and gas producer Capricorn Energy is planning to give shareholders $575m in payouts after a failed merger, boardroom clearout and radical cut in operations. Read More
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Lancashire gross written premiums reach first-quarter record
Thursday 27 Apr 2023
(Sharecast News) - Bermuda-domiciled insurer Lancashire reported a 22.7% increase in first-quarter gross premiums written compared to the same period last year on Thursday, reaching $586.2m. Read More
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Deutsche Boerse offers to buy SimCorp for €3.9bn, shares surge
Thursday 27 Apr 2023
(Sharecast News) - Deutsche Boerse said on Thursday that it has offered to buy Danish software maker SimCorp for DKK29bn (€3.9bn). Read More
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Telecom Plus delivers 'record year of growth'
Thursday 27 Apr 2023
(Sharecast News) - Multi-utility supplier Telecom Plus said on Thursday that it had delivered a "record year of growth", with almost 160,000 further households signing up with the business. Read More
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Inchcape upbeat on solid first quarter of trading
Thursday 27 Apr 2023
(Sharecast News) - Automotive distributor Inchcape reported a positive start to the year in a first-quarter update on Thursday, with its full-year results set to be in line with published market conse... Read More
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St James's Place reports slowdown in Q1 net inflows
Thursday 27 Apr 2023
(Sharecast News) - St.James's Place reported a rise in its funds under management during the first quarter, despite the difficult comparisons with its strong year earlier performance. Read More
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Glencore expects Teck's withdrawal of separation proposal to unlock value
Thursday 27 Apr 2023
(Sharecast News) - Mining company Glencore applauded Canadian miner Teck's decision to withdraw its separation proposal on Thursday, stating that "a simple and direct approach to separation" would pro... Read More
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Spectris holds guidance as Q1 sales rise 24% on strong order book
Thursday 27 Apr 2023
(Sharecast News) - Precision instrument maker Spectris held annual guidance as first quarter sales rose 24% driven by a strong order book and easing of supply chain constraints. Read More
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Ibstock Q1 EBITDA 'marginally ahead' despite subdued demand environment
Thursday 27 Apr 2023
(Sharecast News) - Ibstock said on Thursday that first-quarter EBITDA was marginally ahead of its expectations despite a "subdued" demand environment in both the residential new build and repair, main... Read More
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EMA adopts 'positive opinion' of GSK's RSV vaccine candidate
Thursday 27 Apr 2023
(Sharecast News) - GSK updated the market on its respiratory syncytial virus (RSV) vaccine candidate for older adults on Thursday, reporting that the European Medicines Agency's (EMA) Committee for Me... Read More
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