Company News
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Wednesday preview: Federal Reserve, Softcat in the spotlight
Wednesday 19 Mar 2025
(Sharecast News) - All eyes in the middle of the week will be on the US central bank as it meets to decide on policy. Read More
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Alpha Group reports full-year growth in revenue, profits
Wednesday 19 Mar 2025
(Sharecast News) - Alpha Group International reported a 23% increase in group revenue to £135.6m for the year ended 31 December on Wednesday, reflecting strong organic growth and the expanding contrib... Read More
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FDM points to uptick in demand after tough 2024
Wednesday 19 Mar 2025
(Sharecast News) - FDM Group saw a big drop in revenues and profits in 2024, but shares rose strongly on Wednesday after the tech consultancy pointed to an "encouraging" start to 2025. Read More
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Santander set to axe 750 staff in latest branch closure round
Wednesday 19 Mar 2025
(Sharecast News) - Up to 750 staff at Santander face losing their jobs after the bank said it would close 95 branches in the UK. Read More
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M&G beats forecasts with 2024 adjusted profits
Wednesday 19 Mar 2025
(Sharecast News) - Investment manager M&G swung to an annual loss in 2024 but posted a small, unexpected increase in adjusted earnings profits, helped by strong growth in asset management and cost cut... Read More
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Pfizer exits Haleon with £2.4bn stake sale
Wednesday 19 Mar 2025
(Sharecast News) - Pfizer has fully exited its investment in UK-listed pharma group Haleon, selling off its remaining 7.3% stake for £2.5bn. Read More
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Rio Tinto asks investors to reject Palliser move on ending dual listing
Wednesday 19 Mar 2025
(Sharecast News) - Rio Tinto has asked shareholders to vote against a resolution from hedge fund Palliser Capital to review the mining giant's dual listing in London and Sydney, calling it "value dest... Read More
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Siemens announces 6,000 job cuts, cites 'muted demand'
Tuesday 18 Mar 2025
(Sharecast News) - Siemens announced on Tuesday that it is to shed more than 6,000 workers from its automation and EV-charging units due to what it called "capacity adjustments". Read More
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Thames Water in takeover talks with six suitors
Tuesday 18 Mar 2025
(Sharecast News) - Thames Water said on Tuesday that it has received takeover offers from six potential suitors and that talks with relevant parties are ongoing. Read More
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Big Technologies suspends CEO amid litigation
Tuesday 18 Mar 2025
(Sharecast News) - Big Technologies announced the suspension of its chief executive officer Sara Murray on Tuesday, following concerns about her conduct related to ongoing litigation. Read More
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Greatland reports increased total mineral resource
Tuesday 18 Mar 2025
(Sharecast News) - Greatland Gold reported a significant increase in its total mineral resources on Tuesday, following the inclusion of an inaugural estimate for the Telfer gold-copper mine. Read More
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Fonix reports solid first-half growth
Tuesday 18 Mar 2025
(Sharecast News) - Fonix reported solid first-half growth on Tuesday, with gross profit rising 6.5% to £9.8m and adjusted EBITDA increasing 6.8% to £7.8m. Read More
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Yu Group revenue surges in 2024
Tuesday 18 Mar 2025
(Sharecast News) - Yu Group reported a strong 2024 financial performance on Tuesday, with revenue rising 40% to £645.5m, driven by a 78% increase in energy volumes supplied. Read More
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Fintel upbeat after strong 2024 performance
Tuesday 18 Mar 2025
(Sharecast News) - Fintel reported a strong 2024 financial performance on Tuesday, with core revenue rising 22% to £68.9m, supported by £15m in revenue from acquisitions. Read More
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Alphabet lands Wiz in $32bn deal
Tuesday 18 Mar 2025
(Sharecast News) - Alphabet has agreed to buy cloud security start-up Wiz in a blockbuster $32bn deal, the Google parent confirmed on Tuesday. Read More
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H&T delivers record full-year profits
Tuesday 18 Mar 2025
(Sharecast News) - Pawnbroker and jewellery retailer H&T delivered record profits in 2024, it announced on Tuesday with profit before tax rising 10% to £29.1m as demand for its core pawnbroking servic... Read More
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Fund managers make record rotation out of US stocks - BofA
Tuesday 18 Mar 2025
(Sharecast News) - Fund managers made the sharpest rotation in March out of US stocks and into Europe since records began in 1999, according to the latest fund manager survey from Bank of America. Read More
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Midwich delivers record revenue, profits fall
Tuesday 18 Mar 2025
(Sharecast News) - Midwich delivered record revenue and gross margins in 2024, it reported on Tuesday, despite ongoing macroeconomic pressures, as its profits declined. Read More
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Boku reports strong financial, operational performance
Tuesday 18 Mar 2025
(Sharecast News) - Boku reported a strong financial and operational performance for 2024 on Tuesday, with total revenue rising 20% to $99.3m, or 24% on a constant exchange rate basis. Read More
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Frasers to launch fresh bid for XXL
Tuesday 18 Mar 2025
(Sharecast News) - Mike Ashley's Frasers Group is to make a mandatory offer for Norway's XXL, the retailer confirmed on Tuesday, just weeks after abandoning its pursuit of the sporting goods specialis... Read More
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