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Company news from ShareCast

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  • Stagecoach keeps dividend on track, hopeful on UK rail outlook
    Wed 06 December 2017 11:37
    (ShareCast News) - Stagecoach kept its interim dividend steady as it reporting higher profits and progress in all divisions, but finds itself in the middle of a political dispute over the government's proposed new 'vision' for British railways.

  • Steinhoff shares sink as CEO Jooske leaves amid 'accounting irregularities'
    Wed 06 December 2017 11:33
    (ShareCast News) - Steinhoff International shares plummeted on Wednesday as its chief executive officer Markus Jooste resigned with immediate effect amid "accounting irregularities", while the release of the company's 2017 numbers has been postponed.

  • Hochschild Mining to redeem $295m of bonds
    Wed 06 December 2017 11:06
    (ShareCast News) - Hochschild Mining has kicked off the process to redeem $294.8m of its outstanding bonds in order to significantly reduce its interest payments.

  • Mulberry H1 sales flat but losses widen
    Wed 06 December 2017 11:05
    (ShareCast News) - Sales were flat but losses widened in the first half for luxury handbag brand Mulberry, which said on Wednesday that demand from tourists in London remains strong.

  • Hammerson swoops for Intu to create shopping centre giant
    Wed 06 December 2017 11:03
    (ShareCast News) - Shopping centre owner Hammerson has agreed to buy FTSE 350 rival Intu Properties in a £3.4bn all-share deal that will create a £21bn portfolio across Europe.

  • Shaftesbury plans £265m placing to fund acquisitions
    Wed 06 December 2017 11:00
    (ShareCast News) - Shaftesbury has announced plans for a placing of up to 27.86m new ordinary shares at 952p each, representing around 9.98% of the company and raising gross proceeds of up to £265m to fund a number of acquisitions.

  • HarbourVest renews undrawn $500m credit facility
    Wed 06 December 2017 11:00
    (ShareCast News) - Closed-end investment company HarbourVest Global Private Equity has announced the successful renewal of its existing $500m multi-currency credit facility with Lloyds Bank and Credit Suisse.

  • Insurance challenges, Monarch collapse hit Saga
    Wed 06 December 2017 10:58
    (ShareCast News) - Specialist in products and services for life after 50, Saga, issued a trading update for the period from 1 August to 5 December on Wednesday, reporting that growth in underlying profit before tax was expected to be between 1% and 2% for

  • James Fisher buys Lancashire-based EDS for up to £14.6m
    Wed 06 December 2017 10:58
    (ShareCast News) - Marine engineering services group James Fisher has bought Lancashire-based EDS, which provides a complete range of high voltage engineering services to the renewables industry, for up to £14.6m.

  • EasyJet traffic rises 8% in November, announces new German domestic routes
    Wed 06 December 2017 10:57
    (ShareCast News) - Budget airline EasyJet reported an 8.1% jump in passenger numbers in November on Wednesday as the load factor ticked higher.

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