Directors dealings: Hikma's Said Darwazah buys £4.32m of shares
Fri 26 August 2016 17:48
(ShareCast News) - Hikma Pharmaceuticals chairman and chief executive Said Darwazah has splashed on £4.32m worth of the firm's shares, just a day after they dived on comments from US presidential hopeful Hillary Clinton.
Tesco to sell Euphorium Bakery business to Soho Coffee
Fri 26 August 2016 15:30
(ShareCast News) - Supermarket chain Tesco has agreed to sell its Euphorium Bakery business to coffee shop chain Soho Coffee for an undisclosed sum.
Google, Facebook could pay European news organisations for their content
Fri 26 August 2016 15:16
(ShareCast News) - News publishers will have rights to ask for fees from internet platforms such as Google and Facebook in exchange for using their content, after the European Commission (EC) proposed to drastically reform copyright laws.
Gamestop suffers steep drop in Q2 like-for-like sales
Fri 26 August 2016 14:32
(ShareCast News) - A dearth of new titles knocked sales and profits at digital game retailer GameStop sharply lower.
Apollo to buy Rackspace for $32 per share
Fri 26 August 2016 14:02
(ShareCast News) - Managed cloud company Rackspace has agreed to be acquired by funds affiliated with investment manager Apollo Global Management for $32 per share in cash.
AB InBev to cut 3% of workforce after merger
Fri 26 August 2016 11:24
(ShareCast News) - Belgian brewer Anheuser-Busch InBev said on Friday that its merger with SABMiller could result in thousands of job losses.
SolGold placing raises $25.1m in first stage of financing
Fri 26 August 2016 09:42
(ShareCast News) - Australian gold and copper miner SolGold confirmed its shareplacing on AIM on Friday, raising £16.1munder the first tranche of the deal negotiated with Maxit Capital.
Computacenter sees strength in French and German markets at half-year stage
Fri 26 August 2016 07:40
(ShareCast News) - Strong performances in France and Germany drove a 2.8% rise in Computacenter's revenues at the half-year stage to £1.48bn.
Restaurant Group swings to loss, to close 33 outlets
Fri 26 August 2016 07:32
(ShareCast News) - Restaurant Group swung to a pre-tax loss in the first half on the back of restructuring costs, while like-for-like sales fell and the company announced the closure of 33 outlets.
Segro sells London industrial estate for £79.5m
Fri 26 August 2016 07:19
(ShareCast News) - Segro said it has exchanged contracts to sell the Heston & Airlinks Industrial Estate near Heathrow Airport to Capital Industrial Four BV for £79.5m.
Marshalls confident of FY results after solid first half
Fri 26 August 2016 07:04
(ShareCast News) - Landscape products group Marshalls said it remained confident of meeting full year expectations after delivering a 21% rise in half year pre-tax profits to £25.1m.
Guess shares jump despite flat second quarter sales
Thu 25 August 2016 13:10
(ShareCast News) - Guess? delivered improved second quarter earnings despite flat sales and boosted its EPS guidance for the following quarter, as the company continued to restructure its operations.
Friday preview: Jackson Hole, UK and US GDP, Japanese inflation
Thu 25 August 2016 12:58
(ShareCast News) - Friday will mark a busy end to a quiet week with the Federal Reserve's highly anticipated annual conference, UK and US economic growth data and Japanese inflation figures.
Mylan to cut EpiPen costs following Clinton comments
Thu 25 August 2016 12:24
(ShareCast News) - Mylan said it was taking "immediate action" to further enhance access to its EpiPen injectors after the generic and specialty pharmaceuticals firm was slammed on Wednesday by presidential candidate Hillary Clinton, who urged the group t
S&P Global Ratings warns of 'Big Six' margin pressure, earnings volatility
Thu 25 August 2016 12:09
(ShareCast News) - Energy market reforms may reduce market share and margins, and hike earnings volatility for the so-called 'Big Six' sector players in the UK, warns S&P Global Ratings.
Tiffany & Co' s second-quarter profit beats views, but revenue misses
Thu 25 August 2016 11:55
(ShareCast News) - Tiffany & Co. rallied in pre-market trade after the luxury jeweller's second-quarter profit came in ahead of expectations.
EntertainmentOne plunges as ITV switches off
Thu 25 August 2016 11:00
(ShareCast News) - ITV has withdrawn its proposed acquisition of Entertainment One, refusing to up its offer for the Peppa Pig owner after its initial bid was rejected, potentially leaving the door open for rumoured private equity bidder KKR.
EntertainmentOne plunges as ITV switches channels
Thu 25 August 2016 11:00
(ShareCast News) - ITV has withdrawn its proposed acquisition of Entertainment One, refusing to up its offer for the film and TV distributor after its
Shire, AstraZeneca and Hikma hit by Hillary Clinton's pharma-bashing
Thu 25 August 2016 09:14
(ShareCast News) - Hikma Pharmaceuticals, Shire and AstraZeneca were among FTSE-listed drug companies slipping lower on Thursday morning, following comments from US presidential favourite Hillary Clinton on pharmaceutical pricing that hit peers across the
BH Macro reports slight rise in first half NAV
Thu 25 August 2016 09:05
(ShareCast News) - BH Macro reported a slight increase in the net asset value of its sterling shares at the half-year stage following buybacks and a discounted tender offer for 25% of the vehicle's stock following lacklustre results over the preceding two