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Company news from ShareCast

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PRS REIT adds two new sites to portfolio

Thu 20 September 2018 10:47

(Sharecast News) - Closed-ended real estate investment trust, the PRS REIT, has acquired a development site for the construction of 145 new family rental homes with a gross development cost of £15.2m, it announced on Thursday, and purchased a newly-compl

Sky suitors auction to decide takeover by end of week

Thu 20 September 2018 10:00

(Sharecast News) - An auction to decide the buyer of Sky will be decided by Saturday evening after the battle between 21st Century Fox and Comcast reached a stand-off.

Glencore announces $125m bond issue

Thu 20 September 2018 08:28

(Sharecast News) - Glencore, through its subsidiary Glencore Funding, announced the successful placing of a tap issue of non-dilutive zero coupon cash settled guaranteed convertible bonds due 27 March 2025 on Thursday, with a nominal amount of $125m.

Stobart's energy and rail units trading below expectations

Thu 20 September 2018 08:27

(Sharecast News) - Stobart Group said annual results for its energy and rail divisions were likely to be lower than expectations as the owner of Southend airport seeks to recover from a damaging boardroom dispute.

Saga appoints insurance veteran James Quin as CFO

Thu 20 September 2018 08:08

(Sharecast News) - Saga, which specialises in products and services for the over-50s, has appointed insurance veteran James Quin as group chief financial officer with effect from 1 January 2019.

IG Group struggles to keep up pace in first quarter

Thu 20 September 2018 08:03

(Sharecast News) - IG Group found it hard to match up to the speedy start seen last summer, with the online trading provider's revenues down 5% in the first quarter of its current financial year.

UK Commercial Property REIT puts in solid first half

Thu 20 September 2018 07:59

(Sharecast News) - UK Commercial Property REIT announced its interim results for the half-year ended 30 June on Thursday, reporting a net asset value total return of 3.9%, which it said was driven by capital value growth and achieved with a limited gearin

Rio Tinto outlines $3.2bn share buyback

Thu 20 September 2018 07:46

(Sharecast News) - Rio Tinto outlined its plans to return around $3.2bn to shareholders on Thursday through a share buyback programme, following the disposal of its coal assets.

Inmarsat enters in-flight broadband collaboration with Panasonic Avionics

Thu 20 September 2018 07:21

(Sharecast News) - Inmarsat announced on Thursday that itself and Panasonic Avionics Corporation have agreed a strategic collaboration, for an initial 10-year period, that would enable them to combine their "highly complementary" services to offer broadba

Kier Group profits rise despite turbulent markets

Thu 20 September 2018 07:20

(Sharecast News) - Construction, services and property group Kier posted a rise in underlying full-year pre-tax profit on Thursday thanks to a solid performance from all of its divisions.