Company News
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Weir Group shares surge as mining boom boosts annual profits
Wednesday 01 Mar 2023
(Sharecast News) - Engineering group Weir on Wednesday posted a rise in annual profits on the back of a booming mining industry, sparking a surge in the stock. Read More
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Sondrel tapes out circuit design for home network customer
Wednesday 01 Mar 2023
(Sharecast News) - Fabless semiconductor company Sondrel announced the successful tapeout of an application-specific integrated circuit (ASIC) design on Wednesday, for a "leading provider" of home net... Read More
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Jaguar Land Rover owner seeks £0.5bn subsidy for UK battery plant - report
Wednesday 01 Mar 2023
(Sharecast News) - Jaguar Land Rover owner Tata Motors is reportedly seeking £500m from the UK government in state subsidies to build a battery factory in Somerset, UK media reported on Wednesday. Read More
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Plexus sublets Burnside House, offloads ground lease
Wednesday 01 Mar 2023
(Sharecast News) - Oil and gas engineering service provider Plexus announced on Wednesday that it has completed a sub-lease of its Burnside House property in Aberdeen to a third party, for 15 years. Read More
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Co-op Bank profits surge in 2022
Wednesday 01 Mar 2023
(Sharecast News) - The Co-operative Bank reported a full-year profit before tax of £132.6m and underlying profit of £136.0m in its 2022 results on Wednesday. Read More
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Haydale confident despite wider first-half losses
Wednesday 01 Mar 2023
(Sharecast News) - Graphene technology specialist Haydale reported a 50% increase in group revenues, in its first half on Wednesday, to £1.78m, up from £1.19 million in the same period a year ago. Read More
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Active Energy appoint new operations chief
Wednesday 01 Mar 2023
(Sharecast News) - Renewable biomass developer Active Energy announced the appointment of Steve Schaar as its chief operating officer on Wednesday. Read More
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Kohl's swings to Q4 loss, cautious on outlook
Wednesday 01 Mar 2023
(Sharecast News) - Kohl's slumped on Wednesday after saying it swung to a loss in the fourth quarter as sales fell and the US department store retailer struck a cautious note on the outlook. Read More
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CMA provisionally clears Viasat, Inmarsat merger
Wednesday 01 Mar 2023
(Sharecast News) - The UK's Competition and Markets Authority has provisionally cleared US satellite company Viasat's £5.4bn takeover of UK rival Inmarsat following an in-depth review. Read More
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Purplebricks launches formal sale process after several approaches
Wednesday 01 Mar 2023
(Sharecast News) - Online estate agency Purplebricks said on Wednesday that it was launching a formal sale process after receiving several approaches for the business. Read More
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ITV invests in architectural tech company Resi
Wednesday 01 Mar 2023
(Sharecast News) - ITV said on Wednesday that it has agreed to invest in architectural tech company Resi. Read More
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UK house prices fall 1.1% in February - Nationwide
Wednesday 01 Mar 2023
(Sharecast News) - UK house prices fell by 1.1% year-on-year in February, the first annual decline since June 2020, mortgage lender Nationwide said on Wednesday. Read More
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Capital & Counties slides as it swings to loss
Wednesday 01 Mar 2023
(Sharecast News) - Capital & Counties reported a mixed year in its final results on Wednesday, with underlying net rental income increasing to £57.2m from £48.9m in 2021, while it swung to a loss for ... Read More
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International Personal Finance hikes dividend as FY profits rise
Wednesday 01 Mar 2023
(Sharecast News) - International Personal Finance hiked its dividend on Wednesday as it posted a jump in full-year profits and revenue. Read More
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Cordel Group CEO steps down
Wednesday 01 Mar 2023
(Sharecast News) - Artificial intelligence group Cordel revealed on Wednesday that chief executive Nick Smith had stepped down from the role. Read More
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Revolut posts first annual profit
Wednesday 01 Mar 2023
(Sharecast News) - Fintech Revolut reported its first ever annual profit on Wednesday as revenues nearly tripled. Read More
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Reckitt Benckiser swings to FY profit, lifts dividend
Wednesday 01 Mar 2023
(Sharecast News) - Dettol and Nurofen maker Reckitt Benckiser said on Wednesday that it swung to a full-year profit and lifted its dividend as it benefited from higher prices. Read More
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Inland Homes shares tumble as chairman walks
Wednesday 01 Mar 2023
(Sharecast News) - Housebuilder and brownfield developer Inland Homes revealed on Wednesday that chairman Simon Bennett had resigned from his role. Read More
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Accrol strikes licensing agreement with Unilever
Wednesday 01 Mar 2023
(Sharecast News) - Tissue converter Accrol has struck an agreement with Unilever to exclusively produce and sell a kitchen towel product under its Lifebuoy brand. Read More
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Rathbones posts drop in full-year profits but net inflows hold up
Wednesday 01 Mar 2023
(Sharecast News) - Rathbones reported a big drop in full-year profits and a reduction in funds under management and administration, although net inflows held up. Read More
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