Company News
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BP, ADNOC to buy 50% of Israel's NewMed Energy for $4bn
Tuesday 28 Mar 2023
(Sharecast News) - BP and Abu Dhabi National Oil Co (ADNOC) have made a $4bn offer to buy 50% of Israeli offshore natural gas producer NewMed Energy and take it private. Read More
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Unbound shares surge after bid approach from WoolOvers
Tuesday 28 Mar 2023
(Sharecast News) - Shares in Hotter Shoes owner Unbound Group surged on Tuesday after the company said it was minded to accept a bid approach from WoolOvers Group valuing the business £6.8m. Read More
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Petershill falls to FY IFRS loss
Tuesday 28 Mar 2023
(Sharecast News) - Private equity firm Petershill Partners reported a full-year IFRS loss on Tuesday as it traded against "a volatile market backdrop" in its first year as a publicly listed company. Read More
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Wood Group profits at top end of guidance
Tuesday 28 Mar 2023
(Sharecast News) - Wood Group said on Tuesday that full-year profit was at the top end of its guidance range, thanks in part to solid performances from its consulting and operations businesses. Read More
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LondonMetric sells five assets for £34.8m
Tuesday 28 Mar 2023
(Sharecast News) - LondonMetric Property said it had sold five properties two transactions for £34.8m at a 4% discount to September 30 book value. Read More
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Diageo chief executive to step down
Tuesday 28 Mar 2023
(Sharecast News) - Ivan Menezes, Diageo's long-standing chief executive, is to retire after ten years at the helm, the drinks giant said on Tuesday. Read More
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Ocado Retail sees revenues rise despite 'challenging' backdrop
Tuesday 28 Mar 2023
(Sharecast News) - Ocado Retail reported a rise in first-quarter revenues on Tuesday despite a fall in basket sizes, and said it remained on track to return to sales growth and profitability. Read More
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Food inflation soars to fresh high - BRC
Tuesday 28 Mar 2023
(Sharecast News) - Food prices continued to soar in March, industry research showed on Tuesday, pushing shop price inflation higher. Read More
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Halma buys FirePro for €150m
Tuesday 28 Mar 2023
(Sharecast News) - Halma said it had bought FirePro, a manufacturer of aerosol-based fire suppression systems, for €150m (£132m) on a cash- and debt-free basis. Read More
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CMC Markets sees FY net operating income flat, shares tank
Monday 27 Mar 2023
(Sharecast News) - CMC Markets tanked on Monday afternoon after the online trading platform said net operating income for FY23 was set to be more or less flat on the year following a "more challenging... Read More
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Director dealings: Inchcape director makes share purchase
Monday 27 Mar 2023
(Sharecast News) - Inchcape revealed on Monday that non-executive director Byron Grote had acquired 15,000 ordinary shares in the London-listed automotive retailer. Read More
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WPP buys social influencer marketing agency Obviously
Monday 27 Mar 2023
(Sharecast News) - Advertising giant WPP has announced the acquisition of New York-based technology-led social influencer marketing agency Obvsiously. Read More
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RTC reports fall in full-year revenue, earnings
Monday 27 Mar 2023
(Sharecast News) - Recruitment specialist RTC Group reported a decrease in group revenue from continuing operations to £71.9m for 2022 on Monday, down from £77.7m year-on-year. Read More
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Allergy Therapeutics starts dosing peanut allergy vaccine candidate
Monday 27 Mar 2023
(Sharecast News) - Allergy Therapeutics, a UK-based biotechnology company specialising in allergy vaccines, announced the start of the first application of its 'VLP Peanut' vaccine candidate in peanut... Read More
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Eqtec wins bid for renewable gas plant in France
Monday 27 Mar 2023
(Sharecast News) - Eqtec announced on Monday that, alongside infrastructure owner Idex, it has been awarded a project to develop a plant in Nouvelle-Aquitaine, France. Read More
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Union Jack Oil reaches $14m revenue at Wressle
Monday 27 Mar 2023
(Sharecast News) - Union Jack Oil, a UK onshore hydrocarbon producer, developer, and explorer, announced a significant milestone on Monday, with revenues exceeding $14m from the Wressle development in... Read More
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Northamber confident despite swinging to first-half EBITDA loss
Monday 27 Mar 2023
(Sharecast News) - Specialist audio-visual and IT distributor Northamber reported first-half revenue growth of 4.1% year-on-year on Monday, to £33.6m, although it did swing to an EBITDA loss amid infl... Read More
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Spectral MD completes enrolment for AI training study
Monday 27 Mar 2023
(Sharecast News) - Predictive analytics specialist Spectral MD announced completion of enrolment for its United States-based burn artificial intelligence (AI) training study on Monday, supported by th... Read More
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Clean Power Hydrogen's New Zealand partner receives order
Monday 27 Mar 2023
(Sharecast News) - UK-based green hydrogen technology and manufacturing specialist Clean Power Hydrogen (CPH2) announced on Monday that its New Zealand-based manufacturing partner Fabrum Solutions has... Read More
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Carnival beats forecasts in solid first quarter
Monday 27 Mar 2023
(Sharecast News) - Cruise giant Carnival reported a net loss of $693m for its first quarter on Monday, or a diluted 55 US cents per share - better than its December guidance for a net loss of $750m to... Read More
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