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Company news from ShareCast

No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.

Ferrexpo shares fall on court restrictions for subsidiaries

Tue 26 March 2024 16:10

(Sharecast News) - Shares Ferrexpo fell on Tuesday after the iron ore pellet maker said a court had stopped the transfer of ownership and other share-related corporate rights of the company's Ukraine subsidiaries.

CAB Payments disappoints with maiden annual results

Tue 26 March 2024 12:11

(Sharecast News) - CAB Payments' stock dropped sharply on Tuesday after the cross-border payments and FX services provider underwhelmed with its 2023 results, with profits weighed down by IPO-related costs after its stock-market debut last year.

Co-op Bank announces plans to cut 12pc of workforce

Tue 26 March 2024 11:32

(Sharecast News) - The Co-operative Bank announced plans to slash 400 jobs on Tuesday, or about 12% of its current 3,000-strong workforce, in a bid to streamline operations and reduce costs.

Wednesday preview: European economic sentiment, Spanish CPI in focus

Tue 26 March 2024 11:10

(Sharecast News) - The market spotlight on Wednesday would be on the European Commission's economic sentiment index for the month of March.

Trump's Truth Social set for $6.8bn valuation in Nasdaq debut

Tue 26 March 2024 11:09

(Sharecast News) - Shares in Trump Media & Technology Group surged in pre-market trading on Tuesday ahead of its debut on the Nasdaq as the owner of Donald Trump's Truth Social social-media platform starts its first day as a public company valued at nearl

888 posts full-year rise in revenue, adjusted earnings

Tue 26 March 2024 10:38

(Sharecast News) - Gambling operator 888 Holdings reported a significant uptick in revenue in its 2023 results on Tuesday, up 38% to £1.71bn, while adjusted EBITDA jumped 41% to £308.3m on a reported basis.

888 posts full-year rise in revenue, adjusted earnings

Tue 26 March 2024 10:38

(Sharecast News) - Gambling operator 888 Holdings reported a significant uptick in revenue in its 2023 results on Tuesday, up 38% to £1.71bn, while adjusted EBITDA jumped 41% to £308.3m on a reported basis.

Eurowag reports sustained growth as it completes investment phase

Tue 26 March 2024 10:10

(Sharecast News) - WAG Payment Solutions, trading as Eurowag, reported sustained robust growth across its products and services in its preliminary results on Tuesday, meeting expectations for 2023.

Softcat hits operating profit record even as revenue slips

Tue 26 March 2024 09:36

(Sharecast News) - IT infrastructure specialist Softcat reported an 8.8% fall in first-half revenue on Tuesday, to £467.2m, but still achieved double-digit growth in gross profit, rising 11% to £196.5m.

Flutter losses widen on one-off costs but revenues boosted by US

Tue 26 March 2024 09:24

(Sharecast News) - Paddy Power owner Flutter Entertainment posted a widening of its full-year losses on Tuesday due to one-off costs, but revenue surged and the company guided to 30% growth in 2024 core profit thanks to a strong performance in the US.