Company News
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Hipgnosis-Blackstone fund buys Justin Timberlake's catalogue
Thursday 26 May 2022
(Sharecast News) - Hipgnosis Song Management has acquired Justin Timberlake's back catalogue, it emerged on Thursday, using cash from the Blackstone-backed fund it launched last year. Read More
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Musk pledges more equity funding for Twitter takeover
Thursday 26 May 2022
(Sharecast News) - Elon Musk has pledged further equity funding for his $44bn offer for Twitter, after letting a $6.25bn margin loan commitment lapse. Read More
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New chairman to replace founder at Jubilee Metals
Thursday 26 May 2022
(Sharecast News) - Africa-focussed metal processor Jubilee Metals announced the appointment of Manuel Lino Silva de Sousa Oliveira, or 'Ollie', as a new independent non-executive director with immedia... Read More
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Burford adds another year to deal with sovereign wealth fund partner
Thursday 26 May 2022
(Sharecast News) - Burford Capital announced the extension of its 'BOF-C' arrangement with its sovereign wealth fund strategic partner on Thursday, to 31 December 2023. Read More
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Burford adds another year to deal with sovereign wealth fund partner
Thursday 26 May 2022
(Sharecast News) - Burford Capital announced the extension of its 'BOF-C' arrangement with its sovereign wealth fund strategic partner on Thursday, to 31 December 2023. Read More
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PetroTal reports record production, net income in first quarter
Thursday 26 May 2022
(Sharecast News) - PetroTal reported record quarterly production on Thursday, of 11,746 barrels of oil per day in its first quarter, and record quarterly sales of 15,518 barrels per day, up a respecti... Read More
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Strix maintains expectations in 'challenging' environment
Thursday 26 May 2022
(Sharecast News) - Kettle safety and water filtration developer Strix said in an update on Thursday that, based on its performance in the year-to-date, it was maintaining its trading expectations for ... Read More
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Ted Baker full-year losses narrow as revenues rise
Thursday 26 May 2022
(Sharecast News) - Ted Baker reported a narrowing of its full-year losses on Thursday as revenues grew, and the fashion retailer hailed a rise in first-quarter sales. Read More
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CMA opens fresh probe into Google's ad practices
Thursday 26 May 2022
(Sharecast News) - The Competition and Markets Authority is investigating whether Alphabet division Google has broken the law by restricting competition in the digital advertising technology market, i... Read More
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Government to probe Altice's BT stake
Thursday 26 May 2022
(Sharecast News) - Shares in BT Group fell on Thursday after the government announced it was reviewing Patrick Drahi's £3bn stake in the telecoms specialist on national security grounds. Read More
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Wickes says trading in line, backs full-year guidance
Thursday 26 May 2022
(Sharecast News) - DIY retailer Wickes backed its full-year guidance on Thursday as it said trading in the year to date had been in line with expectations. Read More
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Thursday preview: US Q1 GDP, Auto Trader in focus
Thursday 26 May 2022
(Sharecast News) - All eyes on Thursday will be on a batch of fresh economic data due out in the States, including a revised reading on first quarter gross domestic product. Read More
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Treasury to unveil emergency aid to tackle soaring energy bills
Thursday 26 May 2022
(Sharecast News) - The Chancellor Rishi Sunak is poised to unveil a £10bn package of emergency support to help households struggling with soaring energy bills, it was reported on Thursday. Read More
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LondonMetric posts strong uplift in portfolio value
Thursday 26 May 2022
(Sharecast News) - LondonMetric Property reported a portfolio value of £3.6bn in its full-year results on Thursday, up from £2.6bn year-on-year. Read More
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Energean sees first gas from Karish in Q3
Thursday 26 May 2022
(Sharecast News) - Oil and gas company Energean on Thursday said the first gas from its Karish Mediterranean operation was expected to start flowing in the third quarter of this year. Read More
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IntegraFin tumbles on downbeat outlook
Thursday 26 May 2022
(Sharecast News) - IntegraFin shares tumbled on Thursday after the Transact owner struck a downbeat note on the outlook in its first-half results. Read More
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Capita secures five-year customer support contract with ScottishPower
Thursday 26 May 2022
(Sharecast News) - Professional services company Capita has secured a five-year agreement to deliver front-line customer support services to ScottishPower customers across the UK. Read More
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FirstGroup evaluating takeover proposal from I Squared, shares surge
Thursday 26 May 2022
(Sharecast News) - FirstGroup surged on Thursday as it said it was evaluating a takeover offer from private equity firm I Squared, which owns Irish energy supplier Energia. Read More
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JD Sports boss quits with immediate effect
Thursday 26 May 2022
(Sharecast News) - Shares in JD Sports Fashion came under pressure on Thursday after executive chair Peter Cowgill quit following a review of the retailer's internal governance. Read More
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Petrofac shares slip as E&C unit tipped for small loss this year
Thursday 26 May 2022
(Sharecast News) - Shares in Petrofac slipped on Thursday after the company said its engineering & construction operation would report a small loss this year. Read More
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