Company News
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New car registrations enter second year of post-Covid expansion
Tuesday 05 Sep 2023
(Sharecast News) - The UK's new car market saw robust growth of 24.4% in August, as 85,657 new vehicles were registered, according to fresh data from the Society of Motor Manufacturers and Traders (SM... Read More
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EnQuest swings to H1 loss, cites windfall tax
Tuesday 05 Sep 2023
(Sharecast News) - EnQuest tanked on Tuesday after the oil producer posted a first-half loss, pointing to the energy windfall tax. Read More
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Renold posts strong first-quarter performance
Tuesday 05 Sep 2023
(Sharecast News) - Renold reported strong financial performance in the first quarter in a trading update on Tuesday. Read More
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Ashtead shares drop as UK sales forecasts cut
Tuesday 05 Sep 2023
(Sharecast News) - Shares in Ashtead sank on Tuesday morning despite the equipment rental group reporting a record performance in its fiscal first quarter, after it cut its forecast for UK growth due ... Read More
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Rio Tinto appoints Jérôme Pécresse as CEO of aluminium business
Tuesday 05 Sep 2023
(Sharecast News) - Rio Tinto said on Tuesday that it has appointed Jérôme Pécresse as chief executive of its aluminium business, succeeding Ivan Vella. Read More
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Johnson Service Group ups guidance after strong first half
Tuesday 05 Sep 2023
(Sharecast News) - Shares in Johnson Service Group rose on Tuesday after the textile rental company raised its full-year guidance for the second time in two months and announced a new £10m share buyba... Read More
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Molecular Energies set to sell Argentina operations
Tuesday 05 Sep 2023
(Sharecast News) - Molecular Energies announced the proposed sale of its Argentinian oil and gas operations to PLLG Investments, a company beneficially owned by Peter Levine, on Tuesday. Read More
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Begbies Traynor buys Welsh insolvency advisors
Tuesday 05 Sep 2023
(Sharecast News) - Professional services consultancy Begbies Traynor is expanding its South Wales operations with the acquisition of Jones Giles & Clay, a debt advice and business insolvency practice ... Read More
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DS Smith trading in line despite 'challenging' end markets
Tuesday 05 Sep 2023
(Sharecast News) - Packaging company DS Smith said on Tuesday that trading since 1 May has been in line with its expectations despite "challenging" end markets, amid continued resilient pricing and st... Read More
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Caledonia sells stake in 7IM to Ontario Pension Plan Board
Tuesday 05 Sep 2023
(Sharecast News) - Caledonia Investments said it was selling its majority stake in retail wealth manager Seven Investment Management (7IM), to Ontario Teachers' Pension Plan Board for £255m. Read More
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PZ Cussons offers to buy out Nigeria minority stake for £23m
Tuesday 05 Sep 2023
(Sharecast News) - Consumer goods firm PZ Cussons has offered to buy out the minority-held shares of PZ Cussons Nigeria (PZCN) for £22.8m with a plan to de-list the business from the Nigerian stock ex... Read More
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TI Fluid buys Hungary's Cascade for €25.4m
Tuesday 05 Sep 2023
(Sharecast News) - TI Fluid Systems said it had agreed to buy Hungarian firm Cascade Engineering Europe for €25.4m (£21.7m) in cash. Read More
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Tuesday preview: Global services PMIs, Ashtead in the spotlight
Monday 04 Sep 2023
(Sharecast News) - All eyes on Tuesday would be on the Asia Pacific region. Read More
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Barclays reportedly looking for investors in UK merchant payments arm
Monday 04 Sep 2023
(Sharecast News) - Barclays is looking for buyers to invest in its merchant acquiring unit in the UK, according to reports. Read More
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Director dealings: Watches of Switzerland insiders buy dip, Woodside execs vest and sell
Monday 04 Sep 2023
(Sharecast News) - Watches of Switzerland Group had several entries on the list of director buys on Monday, after it made four separate disclosures to the market. Read More
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Superdry shares hit record low as stock trading resumes
Monday 04 Sep 2023
(Sharecast News) - Shares in high street retailer Superdry tumbled to a record low on Monday after the stock resumed trading on the London Stock Exchange following a suspension owing to the delayed pu... Read More
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BMW lifts sales and margin targets after strong Q2
Monday 04 Sep 2023
(Sharecast News) - BMW Group has raised its sales and margin targets for 2023 after a strong second quarter, in which profits rose 7.5% year-on-year in spite of a challenging trading environment. Read More
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Phoenix Copper upbeat on testing results from Empire Mine
Monday 04 Sep 2023
(Sharecast News) - US-focussed Phoenix Copper announced successful results from its metallurgical testing at the Empire Mine open pit on Monday. Read More
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Trinity Exploration gets terms of reference for Trinidad assessment
Monday 04 Sep 2023
(Sharecast News) - Trinidad and Tobago-focussed Trinity Exploration & Production announced on Monday that it has successfully obtained the terms of reference for a proposed environmental impact assess... Read More
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Cordel inks level crossing safety partnership in Australia
Monday 04 Sep 2023
(Sharecast News) - Cordel Group announced a partnership with the National Transport Research Organisation (NTRO) of Australia on Monday, to automate rail level crossing safety assessments. Read More
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