Balfour Beatty sees positive impact from US tax cuts
Thu 18 January 2018 08:18
(ShareCast News) - Balfour Beatty said US President Donald Trump's tax cuts will result in a one off £20m non-cash credit from the revaluation of US deferred tax liabilities.
Countrywide craters as it warns over full-year income
Thu 18 January 2018 07:51
(ShareCast News) - Property services group Countrywide warned on Thursday that 2017 income will be down on the previous year following a disappointing performance from its sales and lettings business.
Royal Mail delivers better Christmas letters and cost guidance
Thu 18 January 2018 07:50
(ShareCast News) - Royal Mail delivered a solid performance and 150m parcels over the Christmas trading period, with group revenue growth continuing on track for full year targets as parcels again made up for declines in letters.
Workspace reports ongoing strength amid usual seasonal downturn
Thu 18 January 2018 07:49
(ShareCast News) - Workspace Group reported a continuation of strong customer demand for much of its third quarter to 31 December on Thursday, with a seasonal fall in enquiries seen in December.
GKN calls Melrose out over 'misleading' offer statement, Melrose bites back
Thu 18 January 2018 07:47
(ShareCast News) - The tit-for-tat exchanges between Melrose Industries and GKN continued on Thursday, as Melrose responded to comments from its bid target, which said earlier in the day that the company's offer statement was "misleading", after the engin
Halfords third-quarter revenue rises, hails record Christmas and Black Friday sales
Thu 18 January 2018 07:47
(ShareCast News) - Halfords reported a rise in third-quarter sales on Thursday and solid trading over the Christmas period.
Whitbread warns tough UK trading conditions brewing
Thu 18 January 2018 07:37
(ShareCast News) - Pubs-to-coffee shop group Whitbread said third quarter group sales rose 0.3% in tough market conditions, adding that the harsher UK environment and inflation would pose challenges in the year ahead.
Experian's B2B business growth offsets consumer decline
Thu 18 January 2018 07:15
(ShareCast News) - Information services giant Experian reported an 8% improvement in revenue for the three months to 31 December in a trading update on Thursday.
AB Foods confident despite sugar slump staining Primark gains
Thu 18 January 2018 07:09
(ShareCast News) - Associated British Foods reported a 3% increase in revenues in recent weeks, as strong growth from its Primark clothing retail arm was held back by a worse than expected decline in sugar.
BHP looking to offload US shale oil unit
Thu 18 January 2018 07:02
(ShareCast News) - Mining giant BHP said it was looking at offloading its US shale oil business either a trade sale, demerger or public offering.