Company News
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Ukraine court re-suspends Enwell's VAS licence
Thursday 27 Feb 2025
(Sharecast News) - Enwell Energy announced the reinstatement of the suspension of its Vasyschevskoye (VAS) production licence in Ukraine on Thursday, following a ruling by the Second Appeal Administra... Read More
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Landsec to reduce exposure to office assets, pivot to residential
Thursday 27 Feb 2025
(Sharecast News) - Land Securities reaffirmed its strategic focus on income and earnings per share growth in an update on Thursday afternoon, outlining plans to rebalance its portfolio towards higher-... Read More
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Amaroq reports encouraging exploration results from Nalunaq
Thursday 27 Feb 2025
(Sharecast News) - Amaroq Minerals reported encouraging exploration results from its 2024 drilling campaign at the Nalunaq gold project in southern Greenland on Thursday, reinforcing the high-grade po... Read More
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Serica gets two-year extension to waivers on US sanctions at Rhum
Thursday 27 Feb 2025
(Sharecast News) - Serica Energy announced on Thursday that it has secured a two-year renewal of its US Office of Foreign Assets Control (OFAC) licence and secondary sanctions assurance for the Rhum g... Read More
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hVIVO acquires biological material storage specialist Cryostore
Thursday 27 Feb 2025
(Sharecast News) - hVIVO announced the acquisition of Cryostore, a specialist provider of temperature-controlled storage solutions for biological and clinical materials, for up to £3.2m on Thursday. Read More
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Drax profits up on renewables, but warns govt on investment spend
Thursday 27 Feb 2025
(Sharecast News) - UK energy provider Drax on Thursday posted an increase in annual profit driven by an increase in renewable power generation, but said it would lower investment on infrastructure suc... Read More
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Warner Bros Discovery forecasts surge in subscriber numbers
Thursday 27 Feb 2025
(Sharecast News) - US media giant Warner Bros Discovery posted below-forecast quarterly earnings on Thursday, but remained bullish about growth after subscriber numbers surprised on the upside. Read More
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Frasers in partnership with GMG to expand Sports Direct in Gulf, Egypt
Thursday 27 Feb 2025
(Sharecast News) - Mike Ashley's Frasers Group has announced a strategic retail partnership with global retailer GMG to facilitate its expansion of Sports Direct in the Gulf and Egypt. Read More
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Cairn Homes profits grow in favourable market conditions
Thursday 27 Feb 2025
(Sharecast News) - Ireland-based housebuilder Cairn Homes posted a rise in full-year profit and revenue on Thursday "amid continuing favourable market conditions". Read More
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CVS Group backs Australia as UK softness continues
Thursday 27 Feb 2025
(Sharecast News) - CVS Group reiterated plans to grow its Australian operations on Thursday, as the UK authorities continued to investigate the veterinary market. Read More
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Government minded to green light Gatwick expansion
Thursday 27 Feb 2025
(Sharecast News) - The UK government is poised to approve a second runway at Gatwick, it was confirmed on Thursday, just weeks after the chancellor back a similar expansion at Heathrow. Read More
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Rolls-Royce shares spike on profit upgrade as aerospace lifts profits
Thursday 27 Feb 2025
(Sharecast News) - Shares in Rolls-Royce surged by a fifth on Thursday after the aerospace and defence company lifted mid-term guidance, reinstated a dividend and unveiled a £1bn share buyback as annu... Read More
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Revenue down but profits up at Macfarlane
Thursday 27 Feb 2025
(Sharecast News) - Packaging supplier Macfarlane reported a 4% decline in revenue to £270.4m for 2024 on Thursday, but delivered a 3% increase in pre-tax profit to £20.9m, in line with market expectat... Read More
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Brooks Macdonald FuM expands, revenue and profits narrow
Thursday 27 Feb 2025
(Sharecast News) - Brooks Macdonald reported an improvement in first-half funds under management on Thursday, rising 0.7% to £15.7bn, although revenue and profits were down. Read More
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BBGI declares second dividend, Boswell offer lowered
Thursday 27 Feb 2025
(Sharecast News) - BBGI Global Infrastructure declared a second interim dividend of 4.2p per share on Thursday, for the period from 1 July to 31 December, in line with its target annual dividend of 8.... Read More
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Shaftesbury Capital upbeat on thriving West End
Thursday 27 Feb 2025
(Sharecast News) - Shaftesbury Capital posted a jump in its portfolio valuation on Thursday, despite the weaker macroeconomic backdrop, as its properties in London's West End continued to perform well... Read More
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Ocado shares slump as outlook fails to reassure investors
Thursday 27 Feb 2025
(Sharecast News) - Shares in Ocado slumped on Thursday as an upbeat outlook on cash flow and narrower losses failed to reassure investors. Read More
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Metro Bank returns to profitability in H2
Thursday 27 Feb 2025
(Sharecast News) - Retail and commercial bank Metro Bank said on Thursday that it had returned to profit in H2 as it continued its pivot towards higher margin business. Read More
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RHI Magnesita revenue, earnings slip in FY24
Thursday 27 Feb 2025
(Sharecast News) - Refractory products supplier RHI Magnesita said on Thursday that both revenue and earnings had slipped in FY24 amid "very weak market conditions". Read More
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Pharma veteran Ciaffoni to take CEO reins at Indivior
Thursday 27 Feb 2025
(Sharecast News) - Indivior announced the appointment of Joe Ciaffoni as its next chief executive officer on Thursday, subject to shareholder approval of a new remuneration policy at its annual genera... Read More
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