Archive

Birkenstock warns of tariff, FX hit to margins

Thu 18 December 2025 12:50

(Sharecast News) - Shares in New York-listed Birkenstock plunged in early deals on Thursday despite the German sandal maker topping its full-year targets, as the company warned that US trade tariffs and currency movements would dent profit margins over th

Trump Media unveils plans for $6bn merger with fusion energy firm TAE

Thu 18 December 2025 11:53

(Sharecast News) - Donald Trump's media and tech company Trump Media & Technology Group (TMTG) announced on Thursday that it is to merge with US private fusion energy firm TAE in an all-stock deal worth $6bn.

Activist investor Corvex calls for strategic review at Whitbread

Thu 18 December 2025 10:55

(Sharecast News) - Corvex Management has called for a strategic review at Whitbread after the activist investor took a position in the Premier Inn owner, it was confirmed on Thursday.

Frontier IP celebrates funding award for portfolio firm Dekiln

Thu 18 December 2025 09:25

(Sharecast News) - IP commercialisation specialists Frontier IP has announced that its portfolio company Dekiln has won £3m in funding after being named as one of the Royal Academy of Engineering's inaugural Green Future Fellows.

Activist Elliott takes $1bn stake in Lululemon - report

Thu 18 December 2025 09:12

(Sharecast News) - Activist Elliott Investment Management has reportedly built a stake of over $1bn in Lululemon Athletica and is bringing a potential CEO candidate to the athletic apparel retailer it wants to help turn around.

PureTech appoints Robert Lyne as permanent CEO

Thu 18 December 2025 08:43

(Sharecast News) - PureTech Health announced the appointment of Robert Lyne as chief executive officer and a member of its board with immediate effect on Thursday.

Friday preview: Delayed WH Smith results, retail sales figures due

Thu 18 December 2025 08:01

(Sharecast News) - On Friday's macroeconomic calendar, UK public sector net borrowing and retail sales figures for November are due at 0700 GMT.

Campari offloads Averna, Zedda as portfolio streamlining continues

Thu 18 December 2025 07:53

(Sharecast News) - Italian drinks company Campari has sold its Averna and Zedda Piras brands to rival Illva Saronno for €100m to refocus and streamline its portfolio.

Big Yellow gets planning consent for new Leicester store

Thu 18 December 2025 07:42

(Sharecast News) - Self-storage company Big Yellow said on Thursday that it has obtained planning consent for a 58,000 sq ft storage centre on its site in Leicester.

Time Out takes action to improve profitability as earnings slump

Thu 18 December 2025 07:32

(Sharecast News) - Media and hospitality group Time Out said it is taking "swift and decisive" action to improve profitability after results for the fiscal year to 30 June came in below company targets, as the firm announced an £8m placing to help pay fo