Company news from ShareCast
Deutsche Bank looking to cut more than 250 jobs at corporate and investment banking arms
Mon 19 February 2018 16:42
(ShareCast News) - Deutsche Bank began making moves to cut no less than 250 jobs in its corporate and investment bank units, as it looks to stem the flow of expenses while its securities division continues to slide.
City of London Investment Group makes good first-half progress
Mon 19 February 2018 12:25
(ShareCast News) - City of London Investment Group released its half-year results for the six months to 31 December on Monday, with funds under management reaching $5.3bn (£3.9bn) at period end, rising from $4.7bn at the beginning of the financial year.
MJ Gleeson on track to meet full-year expectations
Mon 19 February 2018 11:42
(ShareCast News) - Community regeneration housebuilder MJ Gleeson announced a "strong performance" for its first half on Monday, with profit before tax up 19.1% and an increase in the interim dividend of 38.5% to 9.0p per share.
Green reportedly eyes Arcadia sale; MPs warn on pension deficit
Mon 19 February 2018 09:15
(ShareCast News) - Retailer Sir Philip Green is reportedly in talks on a full or partial sale of his Arcadia empire to Chinese interests, UK media reported on Monday, sparking concerns about how pensioners would be protected if a deal was agreed.