Archive

Profits spark at Trafigura despite 'uncertain' conditions

Thu 05 June 2025 12:01

(Sharecast News) - Commodity broker Trafigura posted net profits of $1.5bn on Thursday, but warned market turbulence was poised to continue into the second half.

Empiric Student Property in takeover talks with Unite

Thu 05 June 2025 11:28

(Sharecast News) - Empiric Student Property said on Thursday that it is considering a takeover proposal from student accommodation provider Unite which values each of its shares at 107p.

P&G reveals 7,000 job cuts in restructuring plan

Thu 05 June 2025 11:15

(Sharecast News) - Consumer goods giant Procter and Gamble has announced plans to cut 7,000 jobs as part of a new two-year non-core restructuring programme amid a sharp slowdown in organic sales growth.

Mixed results at CMC Markets see shares slide

Thu 05 June 2025 09:28

(Sharecast News) - Shares in CMC Markets fell sharply on Thursday, after annual earnings at the online trading platform missed expectations.

Young's sees strong start to new year as hot weather boosts sales

Thu 05 June 2025 08:43

(Sharecast News) - Brewer and pub owner Young's reported a solid increase in sales over the 12 months to 31 March, helped by strong trading over the Euros championships and Christmas period, as the company reported a strong start to the new year.

Wizz Air shares nosedive on profit miss, lack of forecasts

Thu 05 June 2025 08:40

(Sharecast News) - Shares in Wizz Air nosedived on Thursday as operating profits came in lower than expected with the budget carrier blaming plane groundings due to a long-running engine issue which hit capacity along with higher costs.

Workspace Group hikes rents as occupancy falls

Thu 05 June 2025 08:33

(Sharecast News) - Office owner and operator Workspace Group met expectations with its full-year results, with a small increase in income as higher rents made up for falling occupancy levels.

Mitie to buy Marlowe in £366m deal

Thu 05 June 2025 08:31

(Sharecast News) - Outsourcer Mitie said on Thursday that it has agreed to buy AIM-listed Marlowe in a £366m deal.

Alphawave still in takeover talks with Qualcomm, extends PUSU deadline for fifth time

Thu 05 June 2025 07:21

(Sharecast News) - Alphawave IP has extended its takeover deadline for Qualcomm for the fifth time in as many weeks, giving the American chip giant another four days to decide whether or not to pursue an acquisition.

Wise shares surge on plans to shift to US listing as FY profits jump

Thu 05 June 2025 07:12

(Sharecast News) - Fintech giant Wise has announced its intention to shift its primary listing from the UK to US, saying the move would help accelerate growth and bring "substantial" strategic benefits to the business and its shareholders.