Company news from ShareCast
Russia's Bashneft suspended after Yevtushenkov arrest
Wed 17 September 2014 11:10
The arrest of Russian oligarch Vladimir Yevtushenkov has led to the shares of Russian oil producer Bashneft being suspended from Moscow's stock exchange after if fell over than 23%.
Sky Deutschland considers BSkyB's takeover bid "inadequate"
Wed 17 September 2014 11:06
Sky Deutschland (SKYD) has released a statement outlining that British Sky Broadcasting’s (BSY) offer “doesn’t reflect the company’s long-term potential and therefore its inner value”.
Vedanta's Cairn India announces three new oil discoveries
Wed 17 September 2014 09:14
Vedanta Resources' majority-owned subsidiary Cairn India has announced three new oil discoveries in its Rajasthan block, the parent company announced on Wednesday.
Dignity announces £54m cash return, refinancing
Wed 17 September 2014 09:08
Funeral services provider Dignity has proposed an unexpected capital return of £54m, saying that it expects to save money after refinancing its debt.
IG Group suffers from quiet summer markets
Wed 17 September 2014 08:17
A particularly quiet summer in the financial markets meant first-quarter revenues from spread-betting and CFD provider IG Group were short of analysts' expectations.
Imagination Technologies wary of volatile pound
Wed 17 September 2014 07:53
Chipmaker Imagination Technologies has said that trading in its first quarter has been in line with expectations, but admitted that the recent volatility of sterling means that forecasting for the full year has become "difficult".
JD Sports Fashion doubles interim profits
Wed 17 September 2014 07:34
Despite disappointing results in the fashion division, sportswear retailer JD Sports Fashion more than doubled first-half profits year-on-year thanks to strong performances across sports and outdoor clothing.
DS Smith making progress with Q1 volumes up
Wed 17 September 2014 07:19
Consumer-goods packaging group DS Smith said that it has made good progress since the start of its financial year with its performance "in line with our plans".
Dairy Crest appoint new chairman
Wed 17 September 2014 07:17
Britain-based Dairy Crest Group has appointed Stephen Alexander as its new chairman.
Smiths Group's final results fall short of expectations
Wed 17 September 2014 07:06
A second-half return to form at its medical division helped engineer Smiths Group group ratchet its revenues back on a par with the prior year, though they still fell short of City expectations.
Vodafone, EE reportedly eyeing Phones 4U acquisition
Wed 17 September 2014 06:47
Just days after the collapse of mobile-phone retailer Phones 4U, Vodafone and EE have reportedly held talks with the administrator over potential purchases of parts of the company.
WPP invests in next generation digital contents studio
Tue 16 September 2014 16:24
Global communications services group, WPP, has announced a planned investment in digital content producer Indigenous Media.
Wednesday preview: Market microscope on MPC minutes and Fed update
Tue 16 September 2014 15:45
Wednesday sees the posting of the minutes from the latest meeting of the Bank of England's Monterary Policy Committee and the latest statement from the US Federal Reserve also due for release.
Airbus to streamline defence and space division
Tue 16 September 2014 14:35
French aerospace giant Airbus Group will sell off certain non-core businesses as it streamlines its defence and space division in the face of tight government budgets and increasing global competition.
N Brown H1 revenue down as retailer faces a "transitional year"
Tue 16 September 2014 10:54
The fashion retailer N Brown Group said on Tuesday that sales were down in the first half as it faces a “transitional year”.
Legal & General's divisional CEO to step down
Tue 16 September 2014 10:35
Savings and investment provider Legal & General has announced that John Pollock, executive director and chief executive (CEO) of its assurance society division, will step down in May.
Ophir Energy gas discovery ups value of Guinea project
Tue 16 September 2014 08:12
Africa-focused Ophir Energy has announced a new gas discovery in Block R which it says increases the value of its 80%-owned offshore Equatorial Guinea project.
Asos says profits unlikely to grow in 2014-15
Tue 16 September 2014 07:54
British online fashion retailer ASOS has said that profits are unlikely to grow in 2014-15 because of significant investment in its international pricing.
Crest Nicholson says market still strong despite Q3 slowdown
Tue 16 September 2014 07:48
Housebuilder Crest Nicholson has, like its peers, seen a "slight moderation" in sales rates over the last few months but still enjoyed a strong third quarter and was fundamentally upbeat on the sector's outlook.
Astrazeneca and Eli Lilly to develop Alzheimer's drug
Tue 16 September 2014 07:44
Astrazeneca has agreed to jointly develop and commercialise AZD3293, a drug currently being tested as a potential treatment for Alzheimer's disease, with Eli Lilly.
Galliford Try unveils record profit for the year as CEO announces departure
Tue 16 September 2014 07:18
The chief executive officer (CEO) of housebuilding and construction business Galliford Try announced his plans to resign by the end of 2015 as the group reported record annual profit.
Thomas Cook hit by German consumer downturn
Tue 16 September 2014 07:12
Despite continuing price softness in the holiday industry Thomas Cook said it expected its cost-cutting regime would enable full year results to show "material improvement over last year".
Petra sells 122.5-carat blue diamond for $28m
Tue 16 September 2014 07:08
African diamond miner Petra Diamonds has announced it has raised $27.6m through the sale of a rare 122.52-carat blue diamond found at its Cullinana mine in South African in June.
Alibaba lifts IPO price range to $66-68
Tue 16 September 2014 06:55
Strong investor demand for Alibaba's upcoming stock-market debut has prompted the Chinese online retail giant to lift its offer price in what is set to be the biggest initial public offering (IPO) in history.
Tuesday preview: UK inflation figures for August due
Mon 15 September 2014 14:50
UK inflation data on Tuesday is expected show prices have eased in August, according to analysts’ forecasts.
Immunodiagnostics warns revenues will miss expectations
Mon 15 September 2014 13:13
Immunodiagnostic Systems was a big faller on Monday after warning that revenues will be below current expectations after experiencing continued low levels of placements, an acceleration in the decline in manual revenues and currency headwinds.
Ladbrokes, Gala Coral, Paddy Power and William Hill voluntarily sign up to industry watchdog
Mon 15 September 2014 13:01
Four of Britain’s biggest bookmakers have announced they will introduce a series of voluntary measures aimed to address public concerns over gambling.
WPP acquires Brazilian healthcare research company
Mon 15 September 2014 12:53
Kantar Health, WPP's wholly-owned healthcare consulting firm, has acquired a Brazilian healthcare research company.
Anheuser-Busch Inbev lining up financing for SABMiller bid
Mon 15 September 2014 12:50
Amsterdam-listed Belgian-Brazilian brewery group Anheuser-Busch InBev is sounding out banks on the availability of funds to finance a roughly £75bn ($122bn) purchase of rival SAB Miller.
Alibaba could raise IPO price after strong demand
Mon 15 September 2014 11:43
Alibaba, whose US stock-market debut is already set to be the largest in history, is considering lifting its initial public offering (IPO) price after strong investor demand, according to reports on Monday
Google launches new low-cost smartphones in India
Mon 15 September 2014 11:37
Google has launched three new handsets in India as part of the company’s Android One initiative, which aims at offering low-cost smartphones to emerging markets.
Investec announces disposal of Irish mortgage unit
Mon 15 September 2014 11:11
South Africa-based broker Investec has reached an agreement to sell its Irish intermediated mortgage business Start Mortgage Holdings, alongside other Irish mortgage assets to an affiliate of Lone Star Funds.
Beacon Hill raises funds
Mon 15 September 2014 10:55
Beacon Hill Resources has placed 1.25m shares at 0.1p each to raise funds to increase working capital.
Greggs sees jump in like-for-like sales following store refits, closures
Mon 15 September 2014 08:18
Bakery and fast-food retailer Greggs reported a slight acceleration in year-to-date sales to a 3.5% clip, as like-for-like sales registered a strong rebound.
Galliford Try to deliver its largest ever standalone housing scheme
Mon 15 September 2014 08:16
Galliford Try has won a contract with Greater London Authority (GLA) to construct the Silvertown Way development in Canning Town, east London.
Riverstone Energy's Eagle II to re-enter Oklahoma field
Mon 15 September 2014 08:08
FTSE 250-listed energy investment group Riverstone Energy Limited (REL) has announced that its portfolio company Eagle Energy Exploration (Eagle II) is to buy oil and gas assets in Oklahoma's Mississippi Lime play.
Mysale swings to a loss in 2014
Mon 15 September 2014 08:04
Online retailer Mysale Group reported loss of A$62.1m for the financial year ended 30 June, from a profit of A$5.8m in 2013, while total revenue rose to A$224.4m from A$181.9m, in line with internal forecasts, the company said.
Spirent expands mobile services through Danish acquisition
Mon 15 September 2014 07:46
Communications technology firm Spirent Communications said it intends to help operators improve their customer services through the acquisition of Danish group Mobilethink.
Micro Focus to merge with Attachmate Group in $2.4bn deal
Mon 15 September 2014 07:20
UK software group Micro Focus International is to merge with The Attachmate Group in a $2.4bn deal which "presents a rare opportunity to achieve a significant increase in the scale and breadth" of the business.
TUI Travel and TUI AG agree all-share merger
Mon 15 September 2014 07:09
London-listed travel operator TUI Travel and its German holding company TUI AG have reached an agreement on the terms for an all-share nil premium merger of the two companies, by means of a scheme of arrangement.
Cobham completes acquisition of Aeroflex
Mon 15 September 2014 07:08
Defence and security services provider Cobham has completed its acquisition of radio frequency provider Aeroflex, which was first announced back in May, in a deal worth $1,460m, or $10.50 a share.
Line goes dead as Phones 4u enters administration
Mon 15 September 2014 07:04
UK-based mobile phone retailer Phones 4u has announced it was seeking the appointment of an administrator after its network partner EE announced it would not renew its network deal.
SABMiller takeover offer for Heineken rebuffed - UPDATE
Mon 15 September 2014 04:45
In a statement released on Sunday evening Heineken confirmed recent press speculation that it had received an "approach" from SABMiller regarding a potential acquisition.
|FTSE All Share||3,619.66||+0.09%|
|Paris CAC 40||4,439.18||+0.68%|
|Barratt Developments plc||392.70||+3.31%|
|St James's Place Plc||695.25||+2.51%|
|International Consolidated Airlines Group SA||375.30||+2.35%|
|ARM Holdings plc||939.50||+2.12%|
|Intu Properties plc||342.60||+1.99%|
|Smiths Group Plc||1276.50||-5.41%|
|Smith & Nephew plc||1053.00||-1.50%|
|Reckitt Benckiser Group Plc||5425.00||-1.27%|
Articles on the economy and stock markets
12 September 2014
The Scots go to the polls next Thursday, and the possibility of a 'yes' vote has raised a few questions from investors. Danny Cox answers them.
8 September 2014
Chris Saint examines the impact on the pound of a potential Scottish exit and looks at the currency options for an independent Scotland.
5 September 2014
Senior Economist Ben Brettell comments on yesterday's policy announcements from the ECB and the Bank of England.