Company News
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Qinetiq shares slump on profit warning after contract delays
Monday 17 Mar 2025
(Sharecast News) - Shares in QinetiQ slumped by a fifth on Monday as the UK defence contractor said it would take a £140m impairment charge amid persistently tough market conditions and contract delay... Read More
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Thames Water Class B investors lose appeal against bailout plan
Monday 17 Mar 2025
(Sharecast News) - Britain's Court of Appeal has ruled against campaigners and investors trying to stop the Thames Water's "eye-watering" £3bn emergency bailout, according to a decision published on M... Read More
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Trump says tariffs to go ahead on April 2 with no exemptions
Monday 17 Mar 2025
(Sharecast News) - US President Donald Trump said he would go ahead with reciprocal and additional sector-specific tariffs on April 2 with no exemptions for the steel and aluminium sectors. Read More
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UK consumers more pessimistic as job insecurity persists
Monday 17 Mar 2025
(Sharecast News) - UK consumers grew a little more pessimistic about their finances in March as job insecurity persisted, according to a survey released on Monday. Read More
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Phoenix Group lifts financial guidance after strong 2024
Monday 17 Mar 2025
(Sharecast News) - Phoenix Group impressed shareholders on Monday by reporting strong strategic and financial progress for 2024, helping the savings and retirement business to lift its cash generation... Read More
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Victoria replaces CFO with investment banking vet
Monday 17 Mar 2025
(Sharecast News) - Flooring products manufacturer Victoria has announced that chief financial officer Brian Morgan is to leave the company after three years of service, causing shares to rise strongly... Read More
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Energean remains committed to sale of Egypt, Italy and Croatia assets
Monday 17 Mar 2025
(Sharecast News) - Energean remains committed to the sale of its portfolio in Egypt, Italy and Croatia to an outfit controlled by Carlyle International Energy Partners. Read More
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Marshalls cuts divi as profits fall, but outlook improves
Monday 17 Mar 2025
(Sharecast News) - Landscaping, building, and roofing products group Marshalls has trimmed its dividend after a dip in profits in 2024, but pointed to a recovery in end-markets later this year. Read More
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AstraZeneca buys biotech firm Esobiotec for up to $1bn
Monday 17 Mar 2025
(Sharecast News) - AstraZeneca announced on Monday that it is spending up to $1bn to acquire Belgian biotech firm EsoBiotec, which it says has the potential to "transform" cell therapy. Read More
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Director dealings: C&C Group CEO makes share purchase
Friday 14 Mar 2025
(Sharecast News) - C&C Group revealed on Friday that chief executive Roger White acquired 100,00 ordinary shares in the London-listed drinks maker. Read More
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Bakkavor shares soar as £1.13bn Greencore bid rejected
Friday 14 Mar 2025
(Sharecast News) - Shares in Bakkavor surged late on Friday as it emerged the food company rejected two bids from UK rival Greencore - the second worth £1.13bn. Read More
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Ricardo rejects Science Group's demands for boardroom shake-up
Friday 14 Mar 2025
(Sharecast News) - Ricardo has hit back at a list of demands by major shareholder Science Group, which called for a major shake-up of the board including the replacement of its chair, saying that they... Read More
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Tesco, Sainsbury's slide as Asda says overhaul will dent profits
Friday 14 Mar 2025
(Sharecast News) - UK supermarket stocks tumbled on Friday after Asda said it would undertake a "substantive" programme of investment in price, availability and the shopping experience to get the busi... Read More
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KKR, Stonepeak bid deadline for Assura extended
Friday 14 Mar 2025
(Sharecast News) - Assura said on Friday that the deadline by which investment firms KKR and Stonepeak must announce a firm offer for the group has been extended to allow the consortium more time for ... Read More
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Capricorn in advanced talks with EGPC over gas concession agreements
Friday 14 Mar 2025
(Sharecast News) - Capricorn Energy confirmed on Friday that it is in advanced talks with Egyptian General Petroleum Corporation over the Western Desert Egyptian concession agreements, which could lea... Read More
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Gold prices top $3,000 as macro, geopolitical fears hit risk appetite
Friday 14 Mar 2025
(Sharecast News) - Gold prices topped the $3,000 mark for the first time in history on Friday as investors continue to seek safe havens amid fears about the global economy and the uncertain geopolitic... Read More
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Travis Perkins delays FY results; shares slide again
Friday 14 Mar 2025
(Sharecast News) - Travis Perkins said on Friday that its results for the year to the end of December 2024 will be delayed as its auditor has requested additional time to complete standard audit proce... Read More
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Agronomics losses rise but company hails portfolio progress
Friday 14 Mar 2025
(Sharecast News) - Cellular agriculture and biomanufacturing investor Agronomics saw losses swell in its first half but reported significant technological and commercial progress for the year, with sh... Read More
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Liberty Global said to have approached Vodafone for Dutch JV stake
Friday 14 Mar 2025
(Sharecast News) - Liberty Global has reportedly approached Vodafone for a potential acquisition of its stake in their Dutch joint venture VodafoneZiggo. Read More
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BMW sees €1bn hit from global tariffs as earnings slump
Friday 14 Mar 2025
(Sharecast News) - German carmaker BMW said it faced a €1bn hit from global tariffs this year as it reported a slump in annual profits amid weak demand in China. Read More
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