Company News
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HS2 construction to be delayed in cost cutting effort
Thursday 09 Mar 2023
(Sharecast News) - Downing Street was said to be preparing to announce that construction of certain sections of HS2 will be pushed out as part of an effort to cut costs. Read More
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PetroTal confident in making up first-quarter production shortfall
Thursday 09 Mar 2023
(Sharecast News) - PetroTal said in an operational update on Thursday that, following the re-establishment of barging fleet schedules, it had been producing an average of 20,000 barrels of oil per day... Read More
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Alpha FMC set to beat full-year expectations
Thursday 09 Mar 2023
(Sharecast News) - Asset management, wealth management and insurance consultancy specialist Alpha FMC reported a strong second-half performance in a trading update on Thursday, citing positive conditi... Read More
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ICG, 3i battling to take control of Direct Ferries - report
Thursday 09 Mar 2023
(Sharecast News) - Intermediate Capital Group and 3i are reportedly battling to take over online aggregator Direct Ferries which sells ferry tickets for operators including P&O and Stena Line. Read More
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Tesco sounding out candidates to succeed chair John Allan - report
Thursday 09 Mar 2023
(Sharecast News) - Tesco has reportedly begun sounding out candidates to replace long-serving chairman John Allan. Read More
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Domino's earnings fall despite higher system sales
Thursday 09 Mar 2023
(Sharecast News) - Domino's Pizza Group reported like-for-like system sales growth, excluding the change in the VAT rate, of 5.3% in its annual results on Thursday, to £1.46bn. Read More
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IQE tumbles after profit warning
Thursday 09 Mar 2023
(Sharecast News) - IQE tumbled on Thursday as it warned that a drop in customer orders was set to dent revenues. Read More
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Strong demand boosts profits at Volution
Thursday 09 Mar 2023
(Sharecast News) - Volution Group reported a jump in half-year profits on Thursday, boosted by strong demand across the UK residential market. Read More
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DS Smith Q3 trading in line
Thursday 09 Mar 2023
(Sharecast News) - Packaging company DS Smith said on Thursday that third-quarter trading was in line with management expectations, but cautioned that customers had been de-stocking. Read More
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Former Shell boss sees pay soar 50%
Thursday 09 Mar 2023
(Sharecast News) - Ben van Beurden, Shell's recently departed chief executive, was paid nearly £10m last year. Read More
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Endeavour Mining confident despite full-year loss
Thursday 09 Mar 2023
(Sharecast News) - Endeavour Mining said in its full-year results on Thursday that it produced 1.4 million ounces of gold at an all-in sustaining cost (AISC) of $928 per ounce, generating operating ca... Read More
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Silvergate Capital to liquidate banking unit
Thursday 09 Mar 2023
(Sharecast News) - Cryptocurrency bank Silvergate's holding company revealed on Thursday that it intends to wind down operations and voluntarily liquidate its banking division. Read More
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Wandisco uncovers 'potentially fraudulent' activity by senior sales employee
Thursday 09 Mar 2023
(Sharecast News) - Software company Wandisco warned on profits on Thursday after uncovering "significant, sophisticated and potentially fraudulent irregularities". Read More
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Interim profits jump at Kier
Thursday 09 Mar 2023
(Sharecast News) - Kier Group, the construction and infrastructure services specialist, reported a jump in interim profits on Thursday, boosted by stronger margins. Read More
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AstraZeneca's Imfinzi trial shows 'significantly improved' event-free survival rates
Thursday 09 Mar 2023
(Sharecast News) - Drugmaker AstraZeneca said on Thursday that results from a phase III trial on its resectable non-small cell lung cancer treatment had shown a "significantly improved" event-free sur... Read More
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Convatec posts 'good' full-year topline growth
Thursday 09 Mar 2023
(Sharecast News) - Convatec posted "good" top-line growth and higher margins for 2022. Read More
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Informa snaps up Tarsus in $940m deal
Thursday 09 Mar 2023
(Sharecast News) - Informa has agreed to acquire business-to-business events specialist Tarsus in a $940m deal. Read More
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Network International FY sees revenue, profits grow
Thursday 09 Mar 2023
(Sharecast News) - Payments solutions firm Network International said on Thursday that it had delivered both revenue and profit growth in 2022. Read More
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Harbour Energy slams UK windfall tax as profits 'all but wiped out'
Thursday 09 Mar 2023
(Sharecast News) - North Sea oil producer Harbour Energy said windfall taxes had "all but wiped out" its full-year profits and forced it to cut jobs and investment. Read More
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M&G's bottom line hit by market volatility but client inflows hold up
Thursday 09 Mar 2023
(Sharecast News) - M&G reported a big hit to its bottom line for 2022 as a result of market volatility, albeit alongside a second consecutive year of client inflows. Read More
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