Company News
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AJ Bell interim profits rise 61%
Thursday 25 May 2023
(Sharecast News) - AJ Bell reported a rise in interim profits and revenue on Thursday as customer numbers and assets under administration grew. Read More
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Qinetiq posts rise in FY profit, upgrades long-term guidance
Thursday 25 May 2023
(Sharecast News) - Qinetiq upgraded its long-term guidance on Thursday as it reported a rise in full-year profit and revenue amid record orders. Read More
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Cineworld expects to exit Chapter 11 bankruptcy in July
Thursday 25 May 2023
(Sharecast News) - Cineworld said on Thursday that it expects to exit Chapter 11 bankruptcy in July. Read More
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Hill & Smith sees FY profit 'modestly ahead' of expectations
Thursday 25 May 2023
(Sharecast News) - Infrastructure company Hill & Smith said on Thursday that full-year operating profit was set to be "modestly ahead" of the top end of analyst expectations following a strong start t... Read More
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Workspace swings to full-year loss
Thursday 25 May 2023
(Sharecast News) - Office space provider Workspace said on Thursday that it swung to a full-year loss due to a drop in its property valuation. Read More
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Johnson Matthey profits fall on lower PGM prices, inflation
Thursday 25 May 2023
(Sharecast News) - Johnson Matthey reported a fall in annual profit on Thursday as lower average precious metal prices and higher costs hit the bottom line. Read More
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Thursday preview: US Q1 GDP, German consumer confidence in the spotlight
Wednesday 24 May 2023
(Sharecast News) - All eyes on Thursday were likely to continue to be on the ongoing debt ceiling talks in the States. Read More
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M&S shares surge as FY beats forecasts, sees 'modest' dividend
Wednesday 24 May 2023
(Sharecast News) - UK retailer Marks & Spencer delivered a forecast-busting annual profit driven by a major improvement in its food division and said it would reinstate a "modest" dividend in November... Read More
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Facebook parent Meta launches third round of layoffs
Wednesday 24 May 2023
(Sharecast News) - Facebook parent Meta Platforms has launched its third round of layoffs, according to reports on Wednesday, as part of its ongoing cost-saving plan. Read More
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4imprint slumps on warning order increases will slow after strong Q1
Wednesday 24 May 2023
(Sharecast News) - Promotional products marketer 4imprint Group said trading was in line with expectations, but warned rises in order activity would moderate over the rest of the year. Read More
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UK's Ofcom allows Openreach to cut prices
Wednesday 24 May 2023
(Sharecast News) - Britain's telecoms regulator has allowed BT to cut wholesale prices at its Openreach networking arm, despite claims from competitors that it would give the company an unfair advanta... Read More
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Activist investor Cevian ditches almost entire stake in Aviva
Wednesday 24 May 2023
(Sharecast News) - Activist investor Cevian Capital has reportedly sold almost all of its stake in insurer Aviva. Read More
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Director dealings: Mike Ashley settles 250k Frasers options, RS Group CEO invests
Wednesday 24 May 2023
(Sharecast News) - Frasers Group found itself on both sides of the ledger on Wednesday, after Mike Ashley settled a quarter-million share put option transaction. Read More
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Coral Products set to beat full-year revenue, earnings expectations
Wednesday 24 May 2023
(Sharecast News) - Plastics manufacturer Coral Products announced a positive end to the financial year in an update on Wednesday, with revenue set to top £35m - a significant increase from the prior y... Read More
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Future Metals kicks off drilling programme at Panton North
Wednesday 24 May 2023
(Sharecast News) - Future Metals announced the start of a significant reverse circulation (RC) drilling programme at the Panton North site on Wednesday, specifically targeting the BC1 and Panton West ... Read More
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IQE launches new microLED wafer products
Wednesday 24 May 2023
(Sharecast News) - Semiconductor wafer specialist IQE announced the introduction of a new range of 200mm RGB epitaxial wafer products on Wednesday, specifically designed for microLED display qualifica... Read More
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Lok'nStore upbeat on progress with property pipeline
Wednesday 24 May 2023
(Sharecast News) - Self-storage operator Lok'nStore Group announced a series of transactions in a pipeline update on Wednesday, including the completion of a new 20-year lease for its existing store i... Read More
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Mortgage Advice Bureau describes stabilising market
Wednesday 24 May 2023
(Sharecast News) - Mortgage Advice Bureau said in an update on Wednesday that in the second quarter of the year, its adviser numbers stabilised at 2,121 as at 19 May. Read More
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Five banks said to have breached competition law in UK bond markets
Wednesday 24 May 2023
(Sharecast News) - Five global banks have been provisionally found to have broken UK competition law, it was announced on Wednesday, by allegedly sharing competitively sensitive bond market informatio... Read More
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Vistry's Countryside chosen for big Bristol development
Wednesday 24 May 2023
(Sharecast News) - Vistry Group announced on Wednesday that its Countryside Partnerships division had been chosen as the preferred partner for a joint venture with Goram Homes and Bristol City Council... Read More
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