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Company news from ShareCast

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Best Buy lifts full-year outlook after strong Q3 results

Tue 25 November 2025 14:00

(Sharecast News) - American electronics retailer Best Buy raised its profit guidance for the full year on Tuesday after a strong third quarter, with sales and adjusted earnings coming in ahead of expectations.

Kohl's raises guidance after better-than-expected Q3

Tue 25 November 2025 13:46

(Sharecast News) - US department store giant Kohl's reported better-than-expected third-quarter earnings and raised its full-year guidance for the second time this year on Tuesday, as improving margins, cost controls and early progress under newly-appoint

TSMC launches legal action after former executive joins Intel

Tue 25 November 2025 12:50

(Sharecast News) - The Taiwan Semiconductor Manufacturing Company has launched legal action against a former senior executive after he joined US rival Intel, it was confirmed on Tuesday.

Alibaba posts stronger revenue amid AI, quick delivery push

Tue 25 November 2025 12:46

(Sharecast News) - Alibaba reported stronger-than-expected quarterly revenue on Tuesday, as rapid expansion in its instant retail operations and accelerating demand for artificial intelligence services lifted sales, even as profit fell sharply on heavy in

ABN Amro to cut 5k jobs, sell loans arm in profitability drive

Tue 25 November 2025 12:18

(Sharecast News) - Dutch banking group ABN Amro has announced plans to cut more than 5,000 full-time jobs and sell its personal loan business as part of restructuring plans to shore up profitability over the coming years.

Novartis cutting up to 550 jobs in northern Switzerland

Tue 25 November 2025 11:05

(Sharecast News) - Novartis said on Tuesday it will cut up to 550 jobs at its Stein site in northern Switzerland by the end of 2027, as the company prepared to end production of tablets, capsules and the packaging of sterile medicines at the facility.

Thruvision trims forecast despite revenue rise, shares slump

Tue 25 November 2025 10:25

(Sharecast News) - Thruvision reported a sharp rise in first-half revenue on Tuesday, but shares were falling on a warning that full-year sales would fall short of market expectations as weakness in the UK retail distribution market persisted.

Renew delivers record revenues, order book

Tue 25 November 2025 10:25

(Sharecast News) - Shares in Renew Holdings rose on Tuesday after the infrastructure engineering services firm reported its highest-ever annual revenues and adjusted profits, ending the financial year with a record order book.

Molten Ventures upbeat on positive first half

Tue 25 November 2025 10:10

(Sharecast News) - Molten Ventures reported a rise in portfolio value, net asset value and realisations in the first half of its financial year on Tuesday, as the venture capital group said it was sustaining the progress set out in its strategic plan.

Intercede unveils $4m of new business as first-half profits sink

Tue 25 November 2025 09:37

(Sharecast News) - Digital identity and authentication group Intercede reported a sharp fall in first-half profits due to a weaker top line and increased investments, but delivered a confident outlook, bolstered by a series of new contract and renewal ord