Company News
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Glencore profits halve on weaker commodity prices
Tuesday 08 Aug 2023
(Sharecast News) - Mining giant Glencore saw earnings halve in the first six months of the year on weaker commodity prices, which had surged in response to Russia's unprovoked invasion of Ukraine last... Read More
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Beazley shares on the rise as Berenberg lifts target price
Tuesday 08 Aug 2023
(Sharecast News) - Shares in non-life insurance firm Beazley gained on Tuesday after broker Berenberg raised its target price, saying that the stock's recent underperformance "confounds reality". Read More
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TI Fluid Systems shares surge as dividend doubled
Tuesday 08 Aug 2023
(Sharecast News) - Shares in automotive sector player TI Fluid Systems surged on Tuesday as the company more than doubled its dividend and posted a surge in earnings. Read More
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IWG H1 profits boosted by hybrid working
Tuesday 08 Aug 2023
(Sharecast News) - Workspace provider IWG reported a strong performance across key financial metrics in its first half results on Tuesday. Read More
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China travel rebound helps IHG interim profits rise 62%
Tuesday 08 Aug 2023
(Sharecast News) - Hotels operator IHG on Tuesday reported a sharp jump in half-year profit as the travel sector continued to rebound from the Covid pandemic. Read More
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Abrdn shares slump as AuM fall; Doubles share buyback
Tuesday 08 Aug 2023
(Sharecast News) - Abrdn shares slumped on Tuesday as it reported a drop in assets under management in challenging market conditions and announced a doubling of its share buyback programme. Read More
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Quilter targeting faster growth amid robust core performance
Tuesday 08 Aug 2023
(Sharecast News) - Wealth manager Quilter announced a 2% increase in assets under management and administration (AuMA) on Tuesday, standing at £101.7bn at the end of June. Read More
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Challenging conditions dent 1H profit for SIG
Tuesday 08 Aug 2023
(Sharecast News) - Building materials group SIG reported a 23% drop in first-half profits on Tuesday, but stuck to its full-year forecasts and painted an upbeat picture around the long-term demand for... Read More
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LondonMetric finalises acquistions of CT Property
Tuesday 08 Aug 2023
(Sharecast News) - LondonMetric Property has finalised its acquisition of CT Property Trust (CTPT), it announced on Tuesday, issuing 105.6 million new shares to CTPT shareholders. Read More
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UKCM reports robust second quarter amid challenging market
Tuesday 08 Aug 2023
(Sharecast News) - UK Commercial Property REIT (UKCM) reported robust growth and stability in its £1.26bn portfolio of UK real estate in a second-quarter update on Tuesday. Read More
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Spirax-Sarco CEO to step down, CFO to take up role
Tuesday 08 Aug 2023
(Sharecast News) - Thermal energy and fluid technology specialist Spirax-Sarco Engineering announced a forthcoming change in leadership on Tuesday. Read More
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Tuesday preview: China foreign trade data, German CPI in the spotlight
Tuesday 08 Aug 2023
(Sharecast News) - Investors' focus on Tuesday would shift towards Asia and the latest Chinese foreign trade data that were due out overnight. Read More
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Director dealings: WPP non-exec invests, IG board members exercise options and sell
Monday 07 Aug 2023
(Sharecast News) - Advertising giant WPP was on the list of director buys on Monday, after a non-executive director picked up 4,000 shares. Read More
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Broking unit drives Clarkson H1 profit, but warns on softer rates
Monday 07 Aug 2023
(Sharecast News) - Shipping services specialist Clarkson reported a sharp jump in first-half profit, driven by a strong performance in its broking division, but warned that it was starting to see rate... Read More
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Vanquis Bank CFO steps down 'for personal reasons'
Monday 07 Aug 2023
(Sharecast News) - Vanquis Banking Group on Monday said chief financial officer Neeraj Kapur was stepping down with immediate effect "for personal reasons". Read More
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Trident Royalties reports progress across several projects
Monday 07 Aug 2023
(Sharecast News) - Mining royalty investor Trident Royalties reported significant advancements at several of its mining projects on Monday, including at the Thacker Pass Lithium Project. Read More
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Marlowe quashes rumours around its testing business
Monday 07 Aug 2023
(Sharecast News) - Business software and regulatory compliance specialist Marlowe responded to "ongoing speculation" in relation to its testing, inspection and certification business on Monday. Read More
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Egdon inks deals to farm in to Weaverthorpe Prospect
Monday 07 Aug 2023
(Sharecast News) - UK energy company Egdon Resources announced its decision to farm into the onshore production licence PL081 on Monday, as part of the farmout option agreement it inked with York Ener... Read More
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Ondine disinfection tech to be used at another Canadian hospital
Monday 07 Aug 2023
(Sharecast News) - Ondine Biomedical announced on Monday that it is joining forces with Canada's Kelowna General Hospital (KGH) in a pilot targeting the prevention of hospital-acquired infections (HAI... Read More
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LSL profits hit by changes in mortgage market
Monday 07 Aug 2023
(Sharecast News) - LSL Property Services reported some impacts on profit due to changes in the mortgage market in a trading update on Monday. Read More
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