Company News
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Next appoints Lipsy's Jeremy Stakol as executive director
Wednesday 08 Feb 2023
(Sharecast News) - Next said on Wednesday that it has appointed Jeremy Stakol as non-executive director, putting him in charge of boosting the clothing and homeware retailer's online sales. Read More
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Maersk issues profits warning as freight rates, volumes slump
Wednesday 08 Feb 2023
(Sharecast News) - Shipping giant AP Moller-Maersk issued a profit warning on Wednesday due to a slump in container volumes and freight rates. Read More
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CVS Health to buy Oak Street Health in $10.6bn deal
Wednesday 08 Feb 2023
(Sharecast News) - US pharmacy chain CVS Health said on Wednesday that it has agreed to buy Oak Street Health in a $10.6bn all-cash deal. Read More
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Industrial action will not lead to power cuts, Drax insists
Wednesday 08 Feb 2023
(Sharecast News) - Drax Group has insisted that the UK's electricity supply will not be affected after workers voted in favour of industrial action. Read More
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Frasers says Rascal Clothing brand purchase not proceeding
Wednesday 08 Feb 2023
(Sharecast News) - Frasers Group said it was no longer going ahead with its acquisition of the Rascal Clothing brand from JD Sports. Read More
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TP Icap ditches talks over data division sale - report
Wednesday 08 Feb 2023
(Sharecast News) - Interdealer broker TP Icap has reportedly ditched talks about a sale of its data division, Parameta, despite coming under pressure to return more cash to investors. Read More
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Renold sees FY profits ahead of market expectations
Wednesday 08 Feb 2023
(Sharecast News) - Renold said on Wednesday that full-year profits were set to be ahead of current market expectations following strong trading since the interim results in November. Read More
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Fourth-quarter income falls at SocGen
Wednesday 08 Feb 2023
(Sharecast News) - Societe Generale reported a slide in fourth-quarter income on Wednesday, after the French lender boosted provisions for bad loans. Read More
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Speedy Hire launches investigation into uncovering £20m deficiency
Wednesday 08 Feb 2023
(Sharecast News) - Tools and equipment hire services company Speedy Hire has launched an investigation after uncovering a deficiency in the net book value of its hire equipment. Read More
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PZ Cussons reiterates full-year guidance
Wednesday 08 Feb 2023
(Sharecast News) - PZ Cussons reiterated its full-year outlook on Wednesday, despite the "challenging" economic climate, following a jump in interim revenues. Read More
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Sosandar to raise £4.5m to accelerate omni-channel strategy
Wednesday 08 Feb 2023
(Sharecast News) - Women's online fashion brand Sosandar said on Wednesday that it plans to raise £4.5m in a placing to accelerate the execution of its omni-channel strategy through further investment... Read More
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Future FY operating profits seen in line with expectations
Wednesday 08 Feb 2023
(Sharecast News) - Media firm operator Future expects to deliver full-year adjusted operating profits looked set to be in line with expectations, thanks to the diversification of its revenue streams a... Read More
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Grainger posts strong rental growth on high demand, short supply
Wednesday 08 Feb 2023
(Sharecast News) - Private housing provider and developer Grainger reported a strong rise in rental growth as it cashed in on a shortage of supply against higher demand. Read More
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Ashmore H1 profits drop amid 'subdued' investor appetite
Wednesday 08 Feb 2023
(Sharecast News) - Emerging markets asset manager Ashmore posted a drop in first-half profits on Wednesday as it pointed to "subdued" risk appetite in the face of several global macro and geopolitical... Read More
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FirstGroup to buy Essex-based bus Group Ensignbus
Wednesday 08 Feb 2023
(Sharecast News) - Transport operator FirstGroup has agreed to buy Essex-based bus company Ensignbus for an undisclosed sum. Read More
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DCC Q3 operating profits rise YOY
Wednesday 08 Feb 2023
(Sharecast News) - Sales and marketing firm DCC said on Wednesday that third-quarter group operating profits were in line with expectations and ahead of the prior year. Read More
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Beazley appoints former Phoenix head chair
Wednesday 08 Feb 2023
(Sharecast News) - Lloyd's of London insurer Beazley said on Wednesday that it has named a former Phoenix Group chief executive as its next chair. Read More
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Smurfit Kappa lifts dividend as FY earnings jump
Wednesday 08 Feb 2023
(Sharecast News) - Corrugated packaging company Smurfit Kappa reported a rise in full-year profit and revenue on Wednesday and lifted its final dividend, as it said that inflation had moderated in the... Read More
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Tate & Lyle sets new 5-yr targets, reorganises divisions
Wednesday 08 Feb 2023
(Sharecast News) - Food ingredients producer Tate & Lyle set out new targets for the five years to end-March 2028 and a reorganisation of its operating units. Read More
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Severn Trent delivers 'strong service' amid dry summer and 'challenging' winter
Wednesday 08 Feb 2023
(Sharecast News) - Water supply company Severn Trent said on Wednesday that it had continued to deliver "a strong service" for its customers despite the driest summer on record and a "challenging" win... Read More
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