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Pay Discussions Begin at Volkswagen Amid Strike Warnings
September 25, 2024 05:21 PM BST| By Team Kalkine MediaHighlights:,Volkswagen (LSE:0P6N) unions warn of potential strikes amid pay negotiations as the company plans to end job protection agreements early.,The IG Metall union seeks a seven percent wage increase while opposing proposed factory closures.,Ge...
Is the Expansion Strategy Captivating from Everyman Cinema Chain?
September 25, 2024 04:54 PM BST| By Team Kalkine MediaHighlights:,Share Price Increase,: Everyman Media Group PLC shares rose 6% after reporting a 22% revenue increase to £46.9 million and a 7% rise in underlying profits to £6.2 million.,Membership Growth,: Membership surged by 76% to 45,684, driven by...
Dialight Faces Significant Setback as It Takes a Hit Hard by New York Court Ruling
September 25, 2024 04:38 PM BST| By Team Kalkine MediaHighlights:,Share Price Drop,: Dialight PLC's shares fell after a court ruling led to financial liabilities to former partner Sanmina Corporation.,Court Findings,: A New York jury rejected fraud claims against Dialight but ruled both parties breached...
Balfour Beatty Implements Support Measures for Subcontractors Following ISG Fallout
September 25, 2024 01:16 PM BST| By Team Kalkine MediaHighlights,Support for Subcontractors: Balfour Beatty has stepped forward to assist subcontractors affected by the recent collapse of ISG, a major construction firm and UK government contractor.,Impact of ISG's Collapse: ISG entered administration wi...
Rentokil Welcomes Trian Director to Board After Profit Warnings
September 25, 2024 11:41 AM BST| By Team Kalkine MediaHighlights:,Board Appointment,: Rentokil Initial PLC has appointed Brian Baldwin from Trian Fund Management to its board to address ongoing profit warnings and governance issues.,Trian's Stake,: Trian Fund Management holds a 2.26% stake in Rentokil,...
Are Royal Mail Shares Still a Sell After Union Criticism?
September 24, 2024 04:45 PM BST| By Team Kalkine MediaPanmure Liberum has issued a response to the Communication Workers Union (CWU) speech delivered at the Labour Party conference, reaffirming its 'sell' recommendation for International Distributions Services PLC (LSE: IDS), the parent company of Royal...
Nuclear Ambitions: Mini Power Plants Are Supporting Rolls-Royce Share Price
September 24, 2024 11:17 AM BST| By Team Kalkine MediaThe Rolls-Royce,(LSE:RR),share price continues to show resilience, steadily gaining despite recent market volatility. The company has emerged as one of the UK's notable success stories since the Covid-19 pandemic, although questions about its future...
SThree Reports UK as Worst Performer Amid Declining Recruitment Fees
September 24, 2024 10:25 AM BST| By Team Kalkine MediaRecruiter SThree PLC (LSE: STEM) has issued a warning regarding the challenging conditions in the STEM contractor staffing sector, reporting an 8% decline in group fees for the three-month period ending in August. This downturn reflects broader trend...
MyCelx Falls as Revenue Guidance Delayed Due to Order Setback
September 23, 2024 04:56 PM BST| By Team Kalkine MediaMyCelx Technologies (LON: MYX) saw its shares fall by over 17% on Monday following a significant revision to its revenue outlook for the year. The company now anticipates annual revenue to be between US$4.5 million (£3.5 million) and US$5.0 million,...
Galliford Try Enhances Risk-Managed Growth Strategy and Raises Dividend
September 23, 2024 11:24 AM BST| By Team Kalkine MediaGalliford Try Holdings PLC,(LSE:GFRD),is a prominent UK contractor dedicated to delivering high-quality buildings and infrastructure for communities across the nation. With a robust portfolio that spans private and public clients, the company special...
Ceres Power Sign-Ups Set for Highlight Next Week
September 20, 2024 01:09 PM BST| By Team Kalkine MediaCeres Power Holdings PLC,(LSE:CWR),provided an update on its 2024 guidance in July, setting the stage for next week’s trading update, which may largely reiterate previous announcements. UBS notes that this update will be particularly significant with...
Mercedes-Benz Shares Fall on Profit Warning Amid China Weakness
September 20, 2024 11:50 AM BST| By Team Kalkine MediaShares in Mercedes-Benz Group,(LSE:0NXX),experienced a significant drop on Friday following the company’s decision to reduce its full-year guidance, primarily due to ongoing challenges in the Chinese market. The German automaker announced that its ad...
FedEx slumps after reporting its 'worst quarter' in a decade.
September 20, 2024 11:10 AM BST| By Team Kalkine MediaFedEx,(NYSE:FDX),experienced a significant decline in overnight trading after the company warned that its full-year earnings would fall short of previous guidance, following a challenging first quarter. Analysts noted that the extent of the shortfall...
Volution Plans to Acquire Fantech Australasia for Up to AUD 280 Million
September 20, 2024 09:19 AM BST| By Team Kalkine MediaVolution announced on Friday that it has reached an agreement to acquire Fantech Group in Australasia from Elta Group for a total of up to AUD280 million. The transaction involves an initial payment of AUD220 million on a debt-free and cash-free basi...
Volution Expands Presence in Australia with Fantech Acquisition
September 20, 2024 07:52 AM BST| By Team Kalkine MediaVolution Group PLC,(LSE:FAN),, a ventilation manufacturer listed on the FTSE 250, has announced the acquisition of Fantech Australasia from its UK parent company, Elta Group, for AUD$220 million (£112.9 million). This acquisition marks a significant...
Babcock Makes Waves with Reassuring Periscope Update
September 19, 2024 12:25 PM BST| By Team Kalkine MediaShares of Babcock International PLC (LSE:BAB) increased by 3.5% following the company’s update on trading performance for the five months leading up to 31 August. The defence contractor reported that trading has been encouraging and aligns with the b...
Carmakers Urge EU for Relief as Battery EV Sales Decline
September 19, 2024 12:14 PM BST| By Team Kalkine MediaEuropean automobile manufacturers have called on the EU to urgently implement relief measures following recent data indicating that fully electric vehicles (EVs) represented only 12.5% of new car registrations during the first seven months of 2024. T...
Rolls-Royce Selected to Supply Mini Nuclear Reactors to Czech Republic
September 19, 2024 09:10 AM BST| By Team Kalkine MediaRolls-Royce Holdings PLC,(LSE:RR),has been designated as the preferred supplier of civil aerospace reactors by the state-owned Czech utility company ČEZ Group. This announcement has been described as a "landmark" development by Chris Cholerton, the c...
AFC Energy Launches Hymatec for Ammonia Cracking
September 18, 2024 03:55 PM BST| By Team Kalkine MediaAFC Energy (LSE:AFC), a company specializing in hydrogen power generation technologies, unveiled its new subsidiary, Hyamtec, on Wednesday. This wholly-owned entity has been established to commercialize AFC Energy’s advanced distributed ammonia crack...
AFC Energy Unveils Hyamtec Hydrogen Ammonia Cracker Business
September 18, 2024 08:06 AM BST| By Team Kalkine MediaAFC Energy PLC,(LSE:AFC),has announced the establishment of a new subsidiary, Hyamtec Limited, aimed at commercializing its ammonia cracker technology. This initiative is part of the company’s strategic focus on providing scalable, low-cost hydrogen...
