Company News
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Genuit FY profits drop as margin contraction offsets revenue growth
Tuesday 14 Mar 2023
(Sharecast News) - Piping manufacturer Genuit said on Tuesday that full-year profits had slumped despite reporting a modest uptick in revenues. Read More
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Pennon Group on track to meet full-year expectations
Tuesday 14 Mar 2023
(Sharecast News) - Water utility Pennon Group said in an update on Tuesday that it was on track to deliver results in line with management expectations. Read More
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Centrica to extend life of two UK nuclear plants
Tuesday 14 Mar 2023
(Sharecast News) - Centrica announced plans to extend the lives of the Heysham 1 and Hartlepool nuclear power stations on Tuesday. Read More
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GSK upbeat on meningitis vaccine candidate, asthma treatment
Tuesday 14 Mar 2023
(Sharecast News) - Pharmaceutical giant GSK reported positive results from a phase three trial evaluating its MenABCWY combination vaccine candidate for meningitis on Tuesday. Read More
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Computacenter delays results as auditor asks for more time
Tuesday 14 Mar 2023
(Sharecast News) - Computacenter said its annual results had been delayed after the tech firm's auditor asked for more time to complete its work on a US subsidiary. Read More
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Virgin Wines profit tumbles, full business review launched
Tuesday 14 Mar 2023
(Sharecast News) - Virgin Wines posted a slump in interim profits on Tuesday as revenue fell and the company announced a full business review, as it pointed to a challenging backdrop. Read More
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RS Group names Simon Pryce as CEO
Tuesday 14 Mar 2023
(Sharecast News) - Industrial and electronics products distributor RS Group has tapped former Ultra Electronics boss Simon Pryce to take over as chief executive. Read More
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TP ICAP full-year profits boosted by market volatility
Tuesday 14 Mar 2023
(Sharecast News) - Interdealer broker TP ICAP lifted its dividend on Tuesday as it reported a jump in full-year profit, boosted by increased market volatility. Read More
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Molten Ventures sees no impact from SVB link after HSBC rescue
Tuesday 14 Mar 2023
(Sharecast News) - Tech venture capital investor Molten Ventures said it expected no impact from the collapse of Silicon Valley Bank, after the lender's UK arm was rescued by HSBC. Read More
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Director dealings: Wife of IP Group chairman makes share purchase
Tuesday 14 Mar 2023
(Sharecast News) - IP Group revealed on Monday that Fiona Flint had acquired 46,000 ordinary shares in the intellectual property investor. Read More
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Sainsbury's pays £431m for control of store investment vehicles
Tuesday 14 Mar 2023
(Sharecast News) - Sainsbury's on Tuesday said it was paying £430.9m to take full ownership of the Highbury and Dragon store investment vehicles from Supermarket Income REIT. Read More
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Direct Line swings to full-year loss
Monday 13 Mar 2023
(Sharecast News) - Insurer Direct Line said on Monday that it swung to a full-year loss as it took a hit from inflation, and warned that 2023 earnings will be impacted by higher-than-expected claims i... Read More
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First Republic plunges in SVB fallout despite fresh funding
Monday 13 Mar 2023
(Sharecast News) - Shares in First Republic Bank were plummeting in early trading on Wall Street on Monday, despite the bank securing a fresh injection of funding over the weekend. Read More
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PE firm Advent among suitors for sandwich chain Subway
Monday 13 Mar 2023
(Sharecast News) - Advent International is reportedly one of several private equity firms that have progressed through to the second stage of an auction of sandwich chain Subway. Read More
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Diaceutics shares resume trading after HSBC buys SVB UK
Monday 13 Mar 2023
(Sharecast News) - Pharmaceutical technology and service provider Diaceutics announced at mid-morning on Monday that the temporary suspension of its shares on AIM would be lifted. Read More
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HSBC buys SVB UK unit after frantic overnight talks
Monday 13 Mar 2023
(Sharecast News) - HSBC has bought the UK arm of stricken Silicon Valley Bank for a nominal £1, the Asia-focused bank said on Monday after a night of frantic negotiations involving government minister... Read More
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Pfizer to buy Seagen in $43bn cash deal
Monday 13 Mar 2023
(Sharecast News) - Biotech company Seagen surged in pre-market trade on Monday after agreeing to be bought by Pfizer in a $43bn cash deal. Read More
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Woodbois raises £3m via share placing
Monday 13 Mar 2023
(Sharecast News) - Forestry company Woodbois revealed on Monday that it has raised gross proceeds of £3.0m by way of a placement of 250.0m new ordinary shares. Read More
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Learning Technologies confident despite exposure to SVB
Monday 13 Mar 2023
(Sharecast News) - Digital learning and talent management specialist Learning Technologies Group updated the market on its exposure to the collapse of Silicon Valley Bank and its UK subsidiary on Mond... Read More
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DX Group acquires two new depots
Monday 13 Mar 2023
(Sharecast News) - Logistics firm DX Group revealed on Monday that it has opened two new depots, one in Bracknell, Berkshire, and the other in Swindon, Wiltshire. Read More
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