Company News
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Schroders AuM falls, Jupiter posts rise & pays special dividend
Thursday 27 Jul 2023
(Sharecast News) - UK asset manager Schroders on Thursday said first-half assets under management fell due to market volatility, but rival Jupiter posted a rise in assets. Read More
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Foxtons H1 profits grow as strong lettings offset sales weakness
Thursday 27 Jul 2023
(Sharecast News) - Estate agent Foxtons posted a jump in first-half profit and revenue on Thursday, as strength in the lettings division offset weaker sales. Read More
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Amigo Holdings judges chances of raising necessary capital to be 'low'
Thursday 27 Jul 2023
(Sharecast News) - Amigo Holdings informed shareholders that the subprime lender was continuing its orderly wind down of the business due to its inability to raise the capital needed to continue lendi... Read More
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Friday preview: US inflation data, NatWest in focus
Thursday 27 Jul 2023
(Sharecast News) - Investors' focus at the end of the week was expected to shift back to the U.S., where a raft of fresh economic data, including for inflation were anticipated. Read More
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Shell profits fall as oil, gas prices decline
Thursday 27 Jul 2023
(Sharecast News) - Shell on Thursday posted a sharp fall in second-quarter profits as oil and gas prices declined a year after Russia's unprovoked invasion of Ukraine sparked a surge in the cost of en... Read More
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Abrdn folding Gars fund into other assets
Thursday 27 Jul 2023
(Sharecast News) - Abrdn has decided to combine its once-leading UK investment fund, Global Absolute Return Strategies (Gars), with other assets due to a long streak of underperformance, it emerged on... Read More
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Abrdn poaches Persimmon CFO Jason Windsor
Thursday 27 Jul 2023
(Sharecast News) - Fund manager Abrdn said on Thursday that it has appointed Jason Windsor as its new chief financial officer. Read More
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Drax sees 1H profit surge, expects reduction in gearing
Thursday 27 Jul 2023
(Sharecast News) - Drax posted a surge in its first half profits and guided towards a reduction in gearing by year end. Read More
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Hammerson swings to loss
Thursday 27 Jul 2023
(Sharecast News) - Property development and investment group Hammerson said on Thursday that it swung to a loss in the first half due to disposals. Read More
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Elementis trading in line amid subdued market
Thursday 27 Jul 2023
(Sharecast News) - Specialty chemicals company Elementis described a resilient performance during the first half of the year on Thursday, with results aligning with market expectations despite facing ... Read More
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Indivior lifts guidance after strong first half
Thursday 27 Jul 2023
(Sharecast News) - Pharmaceuticals firm Indivior reported a 24% improvement in net revenue in its half-year report on Thursday, to $529m. Read More
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Bodycote posts jump in 1H free cash flow, cuts debt
Thursday 27 Jul 2023
(Sharecast News) - Bodycote posted a big jump in sales and earnings for the front half of the year leading to a surge in free cash flow. Read More
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Rentokil H1 profits soar on strong revenue
Thursday 27 Jul 2023
(Sharecast News) - Rentokil posted a rise in interim profits on Thursday, driven by revenue growth across all regions. Read More
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Beazley confident after first half of growth
Thursday 27 Jul 2023
(Sharecast News) - Specialist insurer Beazley described a first half of growth in a trading update on Thursday, alongside a promising outlook for the rest of the year. Read More
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Airtel Africa Q1 revenue grows but profit hit by foreign exchange loss
Thursday 27 Jul 2023
(Sharecast News) - Telecommunications and mobile money services firm Airtel Africa posted a rise in first-quarter revenue on Thursday, but profits fell as it was hit by a foreign exchange loss. Read More
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Barclays H1 profits surge to £4.5bn but bad loan charges rise
Thursday 27 Jul 2023
(Sharecast News) - Barclays became the second bank to post surging profits on the back of higher interest rates and lift its provisions for bad loans. Read More
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Luke Jensen stepping down from Ocado Solutions
Thursday 27 Jul 2023
(Sharecast News) - Technology-driven online grocer Ocado Group announced the upcoming retirement of Luke Jensen, the current executive director and CEO of Ocado Solutions, on Thursday. Read More
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Relx hikes dividend as H1 profits, revenue grow
Thursday 27 Jul 2023
(Sharecast News) - Business information services group Relx said on Thursday that first-half profit and revenue rose as it hiked its dividend, with momentum remaining strong across the group. Read More
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Mobico swings to loss as Covid support ends, but sees price recovery in H2
Thursday 27 Jul 2023
(Sharecast News) - Transport operator Mobico, formerly known as National Express, swung to an interim pre-tax loss as Covid support funding was reduced and wage costs increased. Read More
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Britvic hails 'strong' trading, announces two acquisitions
Thursday 27 Jul 2023
(Sharecast News) - Drinks company Britvic hailed "strong" trading on Thursday as it posted a rise in third-quarter revenue and announced two new acquisitions. Read More
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