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Capita staff prepare for strikes over pensions

Capita staff prepare for strikes over pensions

Thu, 21 September 2017

(ShareCast News) - Alongside Capita's labyrinthine half-year results that left many investors cold and sent the shares down 11%, the company was also forced to prepare for industrial action after unio... [more]

Ryanair boss hits out at pilots in cancelled flights dispute

Ryanair boss hits out at pilots in cancelled flights dispute

Thu, 21 September 2017

(ShareCast News) - Michael O'Leary, the chief executive of Ryanair, has taken a tough line against the airline's pilots, saying they may have to see their annual leave cut by a week, and adding that t... [more]

Driver Group expects better profits and lower debt

Driver Group expects better profits and lower debt

Thu, 21 September 2017

(ShareCast News) - Driver Group said it expected underlying pre-tax profit will be ahead of its previous expectations as the construction and engineering services consultancy enjoyed a stronger tradin... [more]

Manchester United posts record revenue as sponsorship rolls in

Manchester United posts record revenue as sponsorship rolls in

Thu, 21 September 2017

(ShareCast News) - Manchester United saw record revenue in the financial year ended 30 June, according to latest quarterly results for the New York-listed football business. After a season which saw t... [more]

Momentum continues across divisions at Park Group

Momentum continues across divisions at Park Group

Thu, 21 September 2017

(ShareCast News) - Investors in Park Group were told of continuing momentum in the current financial year after a strong set of 2017 results on Thursday, at the company's annual general meeting being ... [more]

Brooks Macdonald offloads property management unit, reports solid results

Thu, 21 September 2017

(ShareCast News) - Brooks Macdonald lifted revenues and profits by double digit rates and said it was selling off its Braemar Estates property management business. Total revenues increased 13% to £92m... [more]

Friday preview: Importance of May's Brexit speech 'cannot be over-emphasised'

Thu, 21 September 2017

(ShareCast News) - Theresa May's Big Brexit Speech in Florence may dominate the narrative on Friday, though for traders and investors there's PMI surveys and one from the CBI, with results from Sage a... [more]

Clear Leisure reaches settlement with Mediapolis creditor

Thu, 21 September 2017

(ShareCast News) - Clear Leisure issued a further update to its settlement negotiations with creditors of its Mediapolis subsidiary on Thursday, announcing it has now exchanged letters with an unnamed... [more]

Anglo American rallies as billionaire Agarwal moves to up his stake

Thu, 21 September 2017

(ShareCast News) - Shares in Anglo American rallied on Thursday after Volcan Investments, the holding vehicle of Indian billionaire Anil Agarwal, announced its intention to up its stake in the company... [more]

Safestyle interim profit drops amid challenging markets

Thu, 21 September 2017

(ShareCast News) - Safestyle - whose shares slumped a couple of weeks ago on the back of a profit warning - reported a drop in first-half profit amid increasingly challenging markets. In the six month... [more]

Marshall Motor sells leasing segment for £42.5m

Thu, 21 September 2017

(ShareCast News) - Automotive retail group Marshall Motor Holdings has announced the strategic disposal of its wholly-owned leasing segment, Marshall Leasing, to Northridge Finance for £42.5m in cash.... [more]

Tanzania's President takes leaf out of Trump's playbook with wall plans

Thu, 21 September 2017

(ShareCast News) - Upping the ante in the country's battle with international mining companies, Tanzania's President John Magufuli has ordered a wall to be built around its tanzanite mines to "control... [more]

IG Design Group swallows Aussie card firm Biscay

Thu, 21 September 2017

(ShareCast News) - Designer and manufacturer of celebration, gifting, stationery and creative play products IG Design Group announced on Thursday that it has signed a contract to acquire the trade and... [more]

Drax CEO Dorothy Thompson to step down

Thu, 21 September 2017

(ShareCast News) - Power generation company Drax announced on Thursday that chief executive Dorothy Thompson has decided to step down at the end of 2017 after 12 years in the role. Thompson will be re... [more]

CLS Holdings completes disposal of Benwell House for £9.25m

Thu, 21 September 2017

(ShareCast News) - CLS Holdings has completed the disposal of Benwell House in Sunbury-on-Thames to Spelthorne Borough Council for £9.25m. The property, which comprises 25,587 sq ft, was let in its en... [more]

IG generates record revenues from 'quiet' summer months

Thu, 21 September 2017

(ShareCast News) - IG Group generated record revenues in the three months to end-August, boosted by strong overseas growth for the online trading broker as UK client numbers tailed off. First-quarter ... [more]

Full-year profit at Kier Group jumps 8%

Thu, 21 September 2017

(ShareCast News) - Construction and services company Kier Group reported a rise in full-year pre-tax profit on Thursday as revenue grew and its business remained relatively unaffected by Brexit. In th... [more]

Weather and inflation put pressure on Mitchells & Butlers

Thu, 21 September 2017

(ShareCast News) - Mitchells & Butlers posted its pre-close trading update ahead of its full-year results on Thursday, reporting that following a "strong sales performance" in early summer, the market... [more]

Johnson Matthey surges as it announces £200m investment in battery material technology

Thu, 21 September 2017

(ShareCast News) - Shares in Johnson Matthey surged on Thursday as the specialty chemicals group confirmed its guidance for the year and announced a big investment in its battery material technology b... [more]

Paragon restructuring whole group under bank division

Thu, 21 September 2017

(ShareCast News) - In a bid to accelerate its "transformation" into a diversified specialist banking institution, the Paragon Group of Companies revealed a "strategic reorganisation" of the group on T... [more]

Compass CEO Richard Cousins to step down, Dominic Blakemore to succeed him

Thu, 21 September 2017

(ShareCast News) - FTSE 100 catering group Compass said on Thursday that Richard Cousins will step down from his role as chief executive officer on 31 March 2018. Cousins, who will retire from the gro... [more]

Fresnillo headquarters, mines get the all-clear after Mexico quake

Thu, 21 September 2017

(ShareCast News) - Fresnillo worked to reassure investors over the security of its operations on Thursday, after a fatal and devastating earthquake hit Mexico City on Tuesday. The FTSE 100 company is ... [more]

Capita dives despite making progress in first half, results 'difficult to read'

Thu, 21 September 2017

(ShareCast News) - Capita grew underlying profits 46% in the first six months of the year and said they would "rise modestly" in the second half compared to the first, though some investors and analys... [more]

CRH snaps up US cement producer

Thu, 21 September 2017

(ShareCast News) - CRH has struck a deal to acquire Kansas-based Ash Grove Cement Company for $3.5bn. The acquisition, which will be paid for using the FTSE 100 building materials group's existing fun... [more]

Fortum and E.ON in 'advanced talks' for sale of Uniper stake

Wed, 20 September 2017

(ShareCast News) - Finnish firm Fortum announced on Wednesday that it was in advanced talks with E.ON over the potential €3.76bn purchase of German energy company Uniper. Discussions regarding th... [more]