Company news from ShareCast
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
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.
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
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