Company News
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VW shares surge as sales forecast beats expectations
Friday 03 Mar 2023
(Sharecast News) - Volkswagen shares surged on Friday after the company forecast a sharp rise in 2023 sales. Read More
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Duke Royalty flags record-breaking quarter for recurring revenue
Friday 03 Mar 2023
(Sharecast News) - Alternative capital provider Duke Royalty said in an update on Friday that it was expecting to achieve recurring cash revenue of £5.7m in the fourth quarter of the 2023 financial ye... Read More
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Invinity inks deal to repay December bridging loan
Friday 03 Mar 2023
(Sharecast News) - Energy storage specialist Invinity has entered into a prepayment agreement to repay the outstanding amount of a convertible loan facility with RiverFort Global Opportunities PCC and... Read More
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Hyve suitor Providence said to weigh bid for Ascential events arm
Friday 03 Mar 2023
(Sharecast News) - Buyout firm Providence Equity Partners is reportedly hatching plans to bid for the events arm of Ascential as it looks to bolt it together with rival Hyve, for which it has made a £... Read More
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Quadrise fuel clears latest round of testing with MSC
Friday 03 Mar 2023
(Sharecast News) - Quadrise Fuels International announced on Friday that its 'bioMSAR' fuel successfully went through testing with Wärtsilä Services Switzerland in December. Read More
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Mercantile Ports division signs three-year liquid handling deal
Friday 03 Mar 2023
(Sharecast News) - Mercantile Ports & Logistics announced on Friday that its subsidiary, Karanja Terminal & Logistics (KTPL), has signed a three-year agreement with Rudra Marine Services (RMS) for han... Read More
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Arrow Exploration completes well on Tapir Block
Friday 03 Mar 2023
(Sharecast News) - Arrow Exploration announced the successful completion of the Rio Cravo Este-3 well on Friday, an appraisal and development well on the Tapir Block in the Llanos Basin of Colombia. Read More
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Amte Power delivers first 'Ultra Prime' cells to customer
Friday 03 Mar 2023
(Sharecast News) - UK-based lithium-ion and sodium-ion battery cell developer and manufacturer Amte Power announced the delivery of its first 'Ultra Prime' cells to its customer for testing on Friday. Read More
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Fonix Mobile extends partnership with ITV
Friday 03 Mar 2023
(Sharecast News) - Mobile payment and messaging specialist Fonix announced an extension to its partnership with ITV on Friday. Read More
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Conroy discovers gold target along new Ireland trend
Friday 03 Mar 2023
(Sharecast News) - Conroy Gold announced the discovery of a new gold target in County Monaghan, Ireland on Friday, which led to the identification of a second gold trend in the Longford-Down Massif. Read More
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De La Rue said to be seeking pension deferral
Friday 03 Mar 2023
(Sharecast News) - Struggling banknote printer De La Rue has reportedly requested breathing space from its pension trustees by delaying nearly £20m of retirement funding payments. Read More
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Vast Resources technical director makes sudden exit
Friday 03 Mar 2023
(Sharecast News) - Vast Resources announced the resignation of its technical director from the board on Friday. Read More
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Lufthansa Group rises on strong 2022 turnaround
Friday 03 Mar 2023
(Sharecast News) - Lufthansa Group reported a solid financial turnaround in its 2022 results on Friday, swinging to adjusted EBIT of €1.5bn, from a loss of €1.7bn in the prior year. Read More
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ARM snubs London and decides on US-only listing
Friday 03 Mar 2023
(Sharecast News) - UK technology firm Arm has snubbed the London Stock Exchange and decided to list its shares on the US stock market. Read More
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Pearson posts better-than-forecast rise in FY earnings
Friday 03 Mar 2023
(Sharecast News) - Educational publisher Pearson reported a better-than-expected rise in annual profits driven by revenue growth and cost savings and said it would grow sales by low to mid single digi... Read More
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UK service sector returns to growth in February
Friday 03 Mar 2023
(Sharecast News) - The UK's service sector returned to growth in February as business activity expanded at the fastest pace since June 2022, according to a survey released on Friday. Read More
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HICL Infrastructure confident ahead of financial year-end
Friday 03 Mar 2023
(Sharecast News) - Investment vehicle HICL Infrastructure reported an updated net asset value of 165.8p as at 31 December on Friday, representing a 1.5p increase from the prior quarter. Read More
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Hotel Chocolat begins redundancy process
Friday 03 Mar 2023
(Sharecast News) - Premium chocolatier Hotel Chocolat has begun a formal redundancy consultation, putting jobs at risk as it plans to take the business in a "leaner and more competitive direction". Read More
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IMI lifts dividend as annual profits grow
Friday 03 Mar 2023
(Sharecast News) - Engineering group IMI reported a rise in full-year profits and revenue on Friday and hiked its dividend as it said all three divisions had achieved organic revenue growth. Read More
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Rightmove profits rise amid 'resilient traffic'
Friday 03 Mar 2023
(Sharecast News) - Property portal Rightmove posted a rise in full-year operating profit on Friday as it highlighted "resilient traffic despite a significantly less frenetic property market than 2021"... Read More
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