Company news from ShareCast
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Mercedes-Benz ups US inventories ahead of tariff deadline
Tue 01 April 2025 13:57
(Sharecast News) - Mercedes-Benz has ramped up inventory levels in the US ahead of the introduction of additional trade tariffs which take effect this week, the German auto giant disclosed in a conference call with analysts, as it revealed that sales fell
Strip Tinning shares jump on upgraded outlook
Tue 01 April 2025 10:31
(Sharecast News) - Strip Tinning shares were surging on Tuesday, after it said in an update that trading in the first quarter was materially ahead of expectations, driven by strong momentum in its higher-margin battery technologies division.
US bankruptcy judge rejects Johnson & Johnson's $10bn settlement
Tue 01 April 2025 10:02
(Sharecast News) - A bankruptcy judge in the US has rejected Johnson & Johnson's $10.0bn proposal to settle tens of thousands of lawsuits alleging that its baby powder and other talc products cause ovarian cancer.
UK manufacturing output shrinks in March
Tue 01 April 2025 08:50
(Sharecast News) - Output in the UK manufacturing sector shrank in March, with new orders declining at the fastest pace in 19 months and business confidence slumping to a near two-and-a-half year low, according to a survey released on Tuesday.
Travis Perkins profits tank on weak sales, impairment charges
Tue 01 April 2025 07:31
(Sharecast News) - Shares in Travis Perkins dropped sharply on Tuesday after the building materials group said it barely broke even in 2024 on the back of falling volumes and prices and an underperforming merchanting business, with the bottom line weighed
Capita secures £107m Northern Ireland contract extension
Tue 01 April 2025 07:25
(Sharecast News) - Capita announced on Tuesday that it has secured a £107m contract extension with the Education Authority of Northern Ireland, under which it will continue providing IT services to over 1,100 schools across the region.