Company News
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Adani Group said to be renegotiating loans
Tuesday 28 Mar 2023
(Sharecast News) - Adani Group tumbled overnight following reports the company is unable to repay its debt. Read More
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Food inflation soars to record 17.5% - Kantar
Tuesday 28 Mar 2023
(Sharecast News) - Grocery inflation has rocketed to 17.5%, industry research showed on Tuesday, adding more than £800 a year to average household food bills. Read More
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GSK receives 'positive' results from endometrial cancer drug trial
Tuesday 28 Mar 2023
(Sharecast News) - Pharmaceutical giant GSK revealed on Tuesday that a recent trial on its endometrial cancer drug candidate showed the potential of the medication when used alongside chemotherapy. Read More
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United Utilities FY revenues seen lower
Tuesday 28 Mar 2023
(Sharecast News) - Water supply company United Utilities warned on Tuesday that 2022-23 full-year revenues were now expected to be roughly 1% lower than previous guidance. Read More
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Entain named preferred partner by TAB New Zealand
Tuesday 28 Mar 2023
(Sharecast News) - Gambling and gaming group Entain has struck a 25-year partnership with TAB New Zealand. Read More
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William Hill fined record £19.2m by UK regulator for social failings
Tuesday 28 Mar 2023
(Sharecast News) - UK gambling company William Hill has slapped with a record £19.2m fine by the UK gambling regulator for customer protection and anti-money laundering failures. Read More
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Softcat sees FY outturn 'slightly ahead' after H1 outperformance
Tuesday 28 Mar 2023
(Sharecast News) - Softcat shares surged on Tuesday after the IT infrastructure products provider said it expects the outturn for the full year to be "slightly ahead" of previous estimates following o... Read More
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BP, ADNOC to buy 50% of Israel's NewMed Energy for $4bn
Tuesday 28 Mar 2023
(Sharecast News) - BP and Abu Dhabi National Oil Co (ADNOC) have made a $4bn offer to buy 50% of Israeli offshore natural gas producer NewMed Energy and take it private. Read More
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Unbound shares surge after bid approach from WoolOvers
Tuesday 28 Mar 2023
(Sharecast News) - Shares in Hotter Shoes owner Unbound Group surged on Tuesday after the company said it was minded to accept a bid approach from WoolOvers Group valuing the business £6.8m. Read More
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Petershill falls to FY IFRS loss
Tuesday 28 Mar 2023
(Sharecast News) - Private equity firm Petershill Partners reported a full-year IFRS loss on Tuesday as it traded against "a volatile market backdrop" in its first year as a publicly listed company. Read More
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Wood Group profits at top end of guidance
Tuesday 28 Mar 2023
(Sharecast News) - Wood Group said on Tuesday that full-year profit was at the top end of its guidance range, thanks in part to solid performances from its consulting and operations businesses. Read More
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LondonMetric sells five assets for £34.8m
Tuesday 28 Mar 2023
(Sharecast News) - LondonMetric Property said it had sold five properties two transactions for £34.8m at a 4% discount to September 30 book value. Read More
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Diageo chief executive to step down
Tuesday 28 Mar 2023
(Sharecast News) - Ivan Menezes, Diageo's long-standing chief executive, is to retire after ten years at the helm, the drinks giant said on Tuesday. Read More
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Ocado Retail sees revenues rise despite 'challenging' backdrop
Tuesday 28 Mar 2023
(Sharecast News) - Ocado Retail reported a rise in first-quarter revenues on Tuesday despite a fall in basket sizes, and said it remained on track to return to sales growth and profitability. Read More
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Food inflation soars to fresh high - BRC
Tuesday 28 Mar 2023
(Sharecast News) - Food prices continued to soar in March, industry research showed on Tuesday, pushing shop price inflation higher. Read More
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Halma buys FirePro for €150m
Tuesday 28 Mar 2023
(Sharecast News) - Halma said it had bought FirePro, a manufacturer of aerosol-based fire suppression systems, for €150m (£132m) on a cash- and debt-free basis. Read More
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CMC Markets sees FY net operating income flat, shares tank
Monday 27 Mar 2023
(Sharecast News) - CMC Markets tanked on Monday afternoon after the online trading platform said net operating income for FY23 was set to be more or less flat on the year following a "more challenging... Read More
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Director dealings: Inchcape director makes share purchase
Monday 27 Mar 2023
(Sharecast News) - Inchcape revealed on Monday that non-executive director Byron Grote had acquired 15,000 ordinary shares in the London-listed automotive retailer. Read More
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WPP buys social influencer marketing agency Obviously
Monday 27 Mar 2023
(Sharecast News) - Advertising giant WPP has announced the acquisition of New York-based technology-led social influencer marketing agency Obvsiously. Read More
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RTC reports fall in full-year revenue, earnings
Monday 27 Mar 2023
(Sharecast News) - Recruitment specialist RTC Group reported a decrease in group revenue from continuing operations to £71.9m for 2022 on Monday, down from £77.7m year-on-year. Read More
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