Company news from ShareCast

International arbitration panel rules in favour of Vodafone in Indian tax case

Fri 25 September 2020 14:19

(Sharecast News) - An international arbitration tribunal in The Hague has handed down a sentence in favour of Vodafone in its $2bn tax claim dispute with New Delhi.

S&P takes Easyjet of CreditWatch, reaffirms long-term debt at BBB- with 'negative' outlook

Fri 25 September 2020 14:00

(Sharecast News) - Analysts at Standard&Poor's reaffirmed their rating on Easyjet's long-term debt, removing it from CreditWatch, but cautioned that the budget airline's risk metrics would remain under "considerable pressure" over the next few quarters du

Novavax agrees manufacturing deal with Endo for Covid vaccine

Fri 25 September 2020 12:42

(Sharecast News) - Novavax has signed an agreement for Endo International to manufacture its experimental Covid-19 vaccine, which is currently in multiple phase 2 clinical trials.

Next boss Wolfson predicts large-scale retail job losses

Fri 25 September 2020 12:28

(Sharecast News) - Next boss Simon Wolfson said many thousands of retail jobs would not survive the long-term effects of the Covid-19 crisis, the BBC reported.

Tesco limits purchases as Covid-19 concerns mount

Fri 25 September 2020 11:36

(Sharecast News) - Tesco has joined Morrisons in restricting purchases of toilet roll and other staples as shoppers show signs of bulk buying after the government introduced new limits to stem a surge in Covid-19 infections.

MasMovil says not in talks with Vodafone - report

Fri 25 September 2020 08:35

(Sharecast News) - Spain's MasMovil said on Friday that it had not been approached by Vodafone following a report the London-listed telephone operator had begun talks with the three buyout funds that recently took it over.

Boohoo supply chain has 'endemic' failings, review finds

Fri 25 September 2020 08:21

(Sharecast News) - Boohoo said it would overhaul its purchasing, governance and supply chain after an independent review found "endemic" failings at factories making the fast-fashion company's products in Leicester.

US DoJ asks judge to approve WeChat ban from app stores

Fri 25 September 2020 08:15

(Sharecast News) - The US Department of Justice asked a federal judge in San Francisco on Friday to allow the government to ban WeChat's app stores in the country.

Aviva said to be in talks to sell French ops to Allianz-Athora consortium

Fri 25 September 2020 08:00

(Sharecast News) - A consortium of Germany's Allianz and life insurer Athora Holdings is reportedly in talks to buy the French operations of London-listed insurer Aviva.

Mothercare full-year losses narrow

Fri 25 September 2020 07:41

(Sharecast News) - Beleaguered mother and child retailer Mothercare reported a decline in full-year revenue on Friday but a narrowing of its losses as it said it was looking forward to a "brighter and stable future".