Company news from ShareCast

Helios & Matheson jumps over plan to spin off MoviePass

Tue 23 October 2018 16:09

(Sharecast News) - Shares in Helios & Matheson Analytics rocketed 81% after the company announced its plans to spin off its subsidiary MoviePass as a separate company.

Bayer stumbles after Monsanto cancer decision reversed

Tue 23 October 2018 15:43

(Sharecast News) - Bayer stock fell on Tuesday after a US court rejected its Monsanto arm's appeal to overturn a jury verdict linking its Roundup weedkiller to cancer.

Lloyds and Schroders to launch wealth management JV

Tue 23 October 2018 14:42

(Sharecast News) - Lloyds Banking Group and Schroders have announced plans to launch a financial planning business aimed at affluent customers.

Wednesday preview: Barclays first to report from unloved banking sector

Tue 23 October 2018 13:45

(Sharecast News) - The UK banking sector is down 15% since the start of August and Wednesday sees Barclays kick off the sector's third-quarter reports.

Biogen beats the Street on Spinraza growth

Tue 23 October 2018 13:33

(Sharecast News) - US biotech Biogen saw third-quarter profits come in ahead of analysts' estimates as a result of double-digit sales growth of its muscular atrophy treatment Spinraza.

United Technologies raises guidance following stronger-than-expected demand

Tue 23 October 2018 12:38

(Sharecast News) - United Technologies upped its full-year earnings guidance for the third time in a year on Tuesday on the back of a stronger than expected set of quarterly earnings.

Dyson picks Singapore to host new electric car factory

Tue 23 October 2018 10:11

(Sharecast News) - UK-based electronics company Dyson has chosen to manufacture its new electric car in Singapore, a decision which the company said has nothing to do with Brexit.

Tufton Oceanic Assets buys remaining quarter of LPG carrier

Tue 23 October 2018 09:56

(Sharecast News) - Tufton Oceanic Assets has acquired the remaining 25% interest in an LPG carrier for a cash consideration of $7.25m, it announced on Tuesday.

Pharma veteran Simon Jose joining Idorsia as chief commercial officer

Tue 23 October 2018 09:51

(Sharecast News) - Idorsia confirmed on Tuesday that Simon Jose would join the company as chief commercial officer on 1 December, and would also be a member of the company's executive committee.

Idorsia leaves guidance unchanged after third quarter losses

Tue 23 October 2018 09:47

(Sharecast News) - Idorsia announced its financial results for the first nine months of 2018 on Tuesday, reporting a loss of CHF 271m on a US GAAP basis for the period, and a non-GAAP loss of CHF 247m.