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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.

Tesco to cut 400 jobs as it looks to simplify business

Wed 29 January 2025 14:03

(Sharecast News) - Tesco said on Wednesday that it plans to cut 400 jobs as it looks to simplify the business.

Lloyds Bank to close 136 branches in further blow to high street

Wed 29 January 2025 13:07

(Sharecast News) - The slow death of high street banking continued on Wednesday as Lloyds Banking Group said it was closing another 136 branches across the UK.

T-Mobile raises subscriber growth forecasts after bumper quarter

Wed 29 January 2025 12:31

(Sharecast News) - T-Mobile lifted its expectations for subscriber growth in 2025 on Wednesday, projecting between 5.5 million and six million postpaid net additions, more than double Wall Street estimates, as it also beat expectations for fourth quarter

Spirit rebuffs second approach from Frontier

Wed 29 January 2025 12:25

(Sharecast News) - Debt-laden Spirit Airlines has rebuffed a takeover approach from long-term suitor Frontier Airlines, the US carriers confirmed on Wednesday.

Post Office said to be planning more job cuts

Wed 29 January 2025 12:25

(Sharecast News) - The Post Office has reportedly unveiled plans for scores more job cuts as part of a transformation plan aimed at boosting payouts for thousands of sub-postmasters.

Marechale Capital shares rocket ahead of Durham lithium planning decision

Wed 29 January 2025 11:56

(Sharecast News) - Marechale Capital's share price rocketed on Wednesday as speculation begins to build ahead of a planning meeting that could greenlight the largest lithium extraction facility in the UK.

General Atlantic-managed bid for Learning Technologies declared final

Wed 29 January 2025 10:23

(Sharecast News) - Learning Technologies Group (LTG) updated the market on the recommended 100p-per-share acquisition of the company by Leopard UK Bidco - a newly-formed entity owned by funds managed by General Atlantic - on Wednesday, with the offer decl

Cykel AI shares surge on DeepSeek R1 integration

Wed 29 January 2025 10:07

(Sharecast News) - Shares in Cykel AI surged on Wednesday after the company wasted no time in integrating the hyped DeepSeek R1 open-source large language model across its digital worker platform, which it says will cut future AI infrastructure costs by u

Pennon announces £490m rights issue to support investment

Wed 29 January 2025 10:00

(Sharecast News) - Pennon Group announced a fully underwritten £490m rights issue to support its investment programme through to 2030 on Wednesday.

Capita secures renewal of £89m Gas Safe Register contract

Wed 29 January 2025 09:13

(Sharecast News) - Outsourcer Capita said on Wednesday that it has been re-selected by the Health and Safety Executive (HSE) to continue to manage the Gas Safe Register.