Company News
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Ofcom refers cloud market to CMA over concerns about Microsoft, Amazon
Wednesday 05 Apr 2023
(Sharecast News) - UK telecoms regulator Ofcom said it planned to refer the cloud market to the Competition and Markets Authority (CMA) after discovering concerning practices by Amazon and Microsoft. Read More
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Hilton Foods FY profits decline, new CEO appointed
Wednesday 05 Apr 2023
(Sharecast News) - Hilton Foods posted a drop in full-year profit on Wednesday as it announced the appointment of a new chief executive. Read More
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Entain to buy sports media business 365scores for up to $160m
Wednesday 05 Apr 2023
(Sharecast News) - Ladbrokes owner Entain said on Wednesday that it has agreed to buy sports media business 365scores for up to $160m (£128m). Read More
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Apollo makes final takeover offer for Wood Group at £1.66bn
Tuesday 04 Apr 2023
(Sharecast News) - Private equity firm Apollo Global Management said on Tuesday that it has made a fifth and final takeover offer for engineering firm Wood Group at £1.66bn. Read More
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Director dealings: Audioboom chairman makes share purchase
Tuesday 04 Apr 2023
(Sharecast News) - Audioboom revealed on Tuesday that chairman Michael Tobin had acquired 1,000 ordinary shares in the AIM-listed podcast maker. Read More
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CBI pauses external events amid sexual misconduct allegations
Tuesday 04 Apr 2023
(Sharecast News) - The Confederation of British Industry said on Tuesday that it has temporarily paused its external programme of events, following fresh allegations of sexual misconduct. Read More
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Hammerson shareholder pushing for strategy change - report
Tuesday 04 Apr 2023
(Sharecast News) - Shopping centre owner Hammerson is reportedly facing demands from its biggest shareholder to accelerate asset sales and resume dividend payments ahead of its annual meeting next mon... Read More
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Investec wealth arm to merge with Rathbones in £839m deal
Tuesday 04 Apr 2023
(Sharecast News) - The UK wealth business of Investec and Rathbones have agreed to merge in an £839m all-share deal, the two companies said on Tuesday. Read More
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TikTok fined £12.7m by UK regulator child protection failures
Tuesday 04 Apr 2023
(Sharecast News) - TikTok has been fined £12.7m by the UK's data watchdog for several breaches of the law designed to protect underage children from using its platform. Read More
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Ramsdens trades ahead of expectations in H1
Tuesday 04 Apr 2023
(Sharecast News) - Financial services provider Ramsdens said on Tuesday that first-half trading was ahead of expectations, driven by "strong performances" across its diversified income streams. Read More
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Epwin hikes dividend after record year for revenue
Tuesday 04 Apr 2023
(Sharecast News) - Building products manufacturer Epwin Group reported record revenues of £355.8m in its final results on Tuesday, making for growth of 8% from a strong 2021 comparative. Read More
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Corcel exercises option to acquire Canegrass Lithium Project
Tuesday 04 Apr 2023
(Sharecast News) - Exploration and development country Corcel has exercised its option to acquire the Canegrass Lithium project in Western Australia, it announced on Tuesday. Read More
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Proteome Sciences reports solid growth in 2022
Tuesday 04 Apr 2023
(Sharecast News) - Biotechnology company Proteome Sciences reported total revenues of £7.78m in its final results on Tuesday - a significant year-on-year increase from £5.13m. Read More
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United Oil jumps on progress at Egypt's Abu Sennan
Tuesday 04 Apr 2023
(Sharecast News) - United Oil & Gas updated the market on its operations in the Abu Sennan licence onshore Egypt on Tuesday, in which it holds a 22% non-operating interest alongside operator Kuwait En... Read More
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Destiny Pharma upbeat on infection prevention study
Tuesday 04 Apr 2023
(Sharecast News) - Destiny Pharma said in an update on Tuesday that its novel medicine for preventing life-threatening infections, 'NTCD-M3', had been shown to colonise the gut successfully in a C dif... Read More
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Credit Suisse chairman apologises at last annual meeting
Tuesday 04 Apr 2023
(Sharecast News) - The chairman of Credit Suisse apologised to shareholders on Tuesday at the bank's final annual meeting, for the collapse that ultimately led to the Swiss lender being taken over by ... Read More
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Gooch & Housego reports positive trading in first half
Tuesday 04 Apr 2023
(Sharecast News) - Specialist photonic components and systems manufacturer Gooch & Housego reported positive trading in a first-half update on Tuesday. Read More
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Infrastructure India agrees $4m sale of Indian Energy subsidiary
Tuesday 04 Apr 2023
(Sharecast News) - Infrastructure India announced on Tuesday that it has agreed to sell Indian Energy Limited (IEL) to FA Power Renewables for $4m. Read More
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RBA keeps interest rates unchanged after 10 hikes
Tuesday 04 Apr 2023
(Sharecast News) - The Reserve Bank of Australia stood pat on interest rates on Tuesday following 10 hikes. Read More
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Solid State sees continued 'strong trading' in H2
Tuesday 04 Apr 2023
(Sharecast News) - Value-added component supplier Solid State said on Tuesday that it had seen "continued strong trading" in the second half of the year, resulting in a performance that it expects wil... Read More
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