Company news from ShareCast

Porsche to cut further 5,000 jobs under 2035 restructuring plan

Mon 27 July 2026 13:46

(Sharecast News) - Luxury carmaker Porsche AG is planning to cut a further 5,000 jobs by 2035 as part of a wide-ranging package designed to lower personnel costs, raise productivity and support the strategic realignment of the sports-car manufacturer.

HSBC unveils hiring plans for new Singapore AI hub

Mon 27 July 2026 13:05

(Sharecast News) - HSBC announced on Monday that it will hire more than 100 artificial intelligence specialists as part of plans to expand the adoption of AI across its global operations.

Everyman hails positive H1 but cautious on outlook

Mon 27 July 2026 12:36

(Sharecast News) - Everyman Media reported a rise in first-half revenue and profit on Monday but struck a cautious tone on the outlook as it pointed to the "challenging economic environment".

Pinewood minded to recommend £545m Ridgeview offer, shares surge

Mon 27 July 2026 11:21

(Sharecast News) - Shares of Pinewood Technologies surged on Monday after the software company said it was minded to recommend a £545m takeover proposal from technology investor Ridgeview Partners.

China's CXMT surges nearly 500% on market debut

Mon 27 July 2026 10:18

(Sharecast News) - Shares in ChangXin Memory Technologies soared on their market debut on Monday, making the chip maker the most valuable listed company in mainland China.

Audi cuts sales outlook as challenges continue

Mon 27 July 2026 09:45

(Sharecast News) - Audi has lowered its full-year sales and profit outlook following a challenging first half, as the European car industry continues to be affected by geopolitical uncertainties, US tariffs and intense competition in the Chinese market.

AstraZeneca reports first-half growth, disappointment in Ultomiris trial

Mon 27 July 2026 09:10

(Sharecast News) - AstraZeneca reported first-half total revenue of $30.7bn on Monday, up 9%, while core earnings per share increased 12% to $5.21 as double-digit growth in its Oncology and Rare Disease businesses offset headwinds from Farxiga's US loss o

Shein swings to loss as US tariffs bite

Mon 27 July 2026 08:47

(Sharecast News) - Shein swung to a $99m net loss in the first quarter of 2026 from a $395m profit a year earlier, it revealed on Monday, as revenue growth slowed to 1.1% to $9.05bn following the removal of the US de minimis tariff exemption.

Cranswick reveunes grow amid 'positive start' to year

Mon 27 July 2026 08:20

(Sharecast News) - Food producer Cranswick said on Monday that it had made "a positive start to the current financial year, with both reported and like-for-like revenues improving in the 13 weeks ended 27 June.

Railpen abandons pursuit of IP Group

Mon 27 July 2026 07:56

(Sharecast News) - Railpen said on Monday that it does not plan on making an offer for IP Group.