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Company news from ShareCast

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TSMC reports strong start to year, denies rumours of Intel tie-up

Thu 17 April 2025 14:53

(Sharecast News) - Taiwan Semiconductor Manufacturing Company (TSMC) reported a robust start to 2025 on Thursday, posting a 60.3% year-on-year increase in first-quarter net income to TWD 361.56bn (£8.39bn) and a 41.6% rise in revenue to TWD 839.25bn.

Lilly shares jump on positive results from oral weight-loss drug trial

Thu 17 April 2025 12:54

(Sharecast News) - Shares in Eli Lilly & Co were set to soar on Wednesday on the back of positive results of a late-stage trial of its weight-loss pill Orforglipron, which is thought to be a needle-free alternative to Novo Nordisk's popular injectable Oze

Poland's InPost to buy Yodel in £106m deal

Thu 17 April 2025 11:46

(Sharecast News) - Poland's InPost said on Thursday that it has bought Yodel, one of the UK's largest parcel delivery companies, in a £106m deal.

BHP delivers record output but warns of 'significant' tariff impact

Thu 17 April 2025 11:09

(Sharecast News) - Mining giant BHP reported record iron ore and copper production across the first nine months of its financial year, but warned of the impact that a trade war could have on demand.

Harmony board drops Drax bid in favour of Foresight offer

Thu 17 April 2025 11:09

(Sharecast News) - Harmony Energy Income Trust (HEIT) announced on Thursday that it has agreed to a recommended cash acquisition by PP Bidco, a company indirectly controlled by funds managed by Foresight Group.

Wood Group extends Sidara offer deadline for second time

Thu 17 April 2025 11:07

(Sharecast News) - Scottish engineering and consulting business Wood Group has extended the deadline for Dubai's Sidara to make a formal takeover offer for the second time.

Hermes to 'fully offset' tariff impacts, Q1 sales growth disappoints

Thu 17 April 2025 10:01

(Sharecast News) - Luxury fashion retailer Hermes revealed on Thursday that it would "fully offset" the impact of Donald Trump's recently announced tariffs by hiking selling prices for all products sold in the US.

Pernod Ricard Q3 sales weaker-than-expected

Thu 17 April 2025 09:42

(Sharecast News) - Drinks maker Pernod Ricard said on Thursday that Q3 sales had come in weaker than expected as both a late Easter and a Chinese duty-free block weighed on sales.

Alphawave reports record bookings, withholds guidance amid trade uncertainty

Thu 17 April 2025 09:29

(Sharecast News) - Alphawave IP Group reported record annual bookings for 2024 on Thursday, reflecting strong demand for its high-speed connectivity IP, despite a drop in total revenue and a wider operating loss, although it withheld guidance for the curr

Ninety One assets under management rise in fourth quarter

Thu 17 April 2025 09:16

(Sharecast News) - Ninety One reported a slight increase in assets under management (AUM) in the final quarter of its financial year on Thursday, with total AuM rising to £130.8bn as at 31 March.