SEGRO sees solid rental growth in third quarter
Thu 19 October 2017 07:28
(ShareCast News) - Property investment and development company SEGRO updated the market on its trading for the period from 1 July to 18 October on Thursday, reporting that it contracted £8.8m of new headline rent in the third quarter, including £3.8m in
Unilever sales fall short but silver linings in emerging markets, cost savings
Thu 19 October 2017 07:15
(ShareCast News) - Sales growth from Unilever fell short of expectations for the third quarter, with turnover negative, with the consumer goods colossus generating only minimal volume growth for the sixth quarter in a row.
Brewdog launches yet another fundraising round
Wed 18 October 2017 14:42
(ShareCast News) - Scottish beer maker Brew Dog set itself the lofty ambition of becoming the world's biggest crowdfunded business in history after it formally announced its plan to raise as much as £50m.
Shell African licensee Vivo Energy mulls IPO
Wed 18 October 2017 14:26
(ShareCast News) - One of Royal Dutch Shell's major licensees in Africa is mulling a public listing that could value the firm at over $3bn (£2.27bn).
Hilton Food raises £55.9m to part-fund proposed Seachill acquisition
Wed 18 October 2017 14:22
(ShareCast News) - Meat packing business Hilton Food has placed a total of 7.35m shares at 760p each, raising proceeds of £55.9m to part-fund the proposed acquisition of chilled fish processor Seachill.
Credit Suisse sees 'buying opportunity' for Merlin Entertainments
Wed 18 October 2017 14:02
(ShareCast News) - After Legoland operator Merlin Entertainments's profit warning sent its shares tumbling, Credit Suisse saw this new lower entry point as an opportunity to upgrade the shares from 'neutral' to 'outperform'.
Thursday preview: EU 27 summit, UK retail sales, Unilever update
Wed 18 October 2017 12:55
(ShareCast News) - On Thursday the European Union's main Brexit negotiator, Michel Barnier, will update EU 27 leaders on the current state of negotiations, while other financial diary items include UK retail data and results from Unilever.
Wizz Air applies for UK licence to ensure post-Brexit operations
Wed 18 October 2017 10:56
(ShareCast News) - Central and Eastern Europe-focused budget carrier Wizz Air has applied for an air operator's certificate and operating licence in the UK to make sure it can continue to operate in the country following Brexit.
Sainsbury's to axe 2,000 jobs as part of cost cutting plan
Wed 18 October 2017 10:12
(ShareCast News) - British grocery giant Sainsbury's was gearing up to cut 2,000 jobs across its UK stores and back offices, hoping to save more than £500m in the process, as the firm's price war with discounters such as Aldi and Lidl rumbles on.
Foxtons revenue drops in 'challenging' London market
Wed 18 October 2017 09:38
(ShareCast News) - Estate agency Foxtons reported a drop in third-quarter revenue on Wednesday amid challenging conditions in the London property market.