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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Power Probe planning to list on London's AIM market
(Sharecast News) - Power Probe said on Thursday that it is planning to float on the AIM market of the London Stock Exchange.
Barclays upgrades Bodycote to 'overweight', shares spark
(Sharecast News) - Bodycote shares sparked on Thursday as Barclays upgraded its recommendation to 'overweight' from 'equalweight' and lifted the price target to 765p from 635p, saying the company is "undervalued and underappreciated".
Kroger swings to $1.5bn quarterly loss as costs jump
(Sharecast News) - American big-box retailer Kroger swung to a loss of more than $1.5bn in its third quarter as rising costs offset an increase in sales, causing shares to drop sharply on Thursday.
Trustpilot tanks as Grizzly Research uncovers 'mafia-style' extortion tactics
(Sharecast News) - Trustpilot tanked on Thursday after short seller Grizzly Research disclosed a short position in the shares and said it had uncovered "mafia-style" extortion campaigns against non-paying businesses.
PRS REIT moves a step closer to winding down
(Sharecast News) - PRS REIT moved a step closer to winding down on Thursday, after publishing a circular outlining plans for a members' voluntary liquidation, following shareholder approval last month for the sale of its holding company.
Monks Investment Trust reports solid first half amid global market rally
(Sharecast News) - Monks Investment Trust reported a solid first half on Thursday as global equity markets hit record levels, delivering a near-30% return and narrowing its discount as it stepped up share buybacks.
Ofgem approves £28bn package for energy transmission networks
(Sharecast News) - Ofgem approved a £28bn funding package for Britain's gas and electricity networks for the RIIO-3 price control period on Thursday, prompting cautious initial responses from network operators National Grid and SSE's SSEN Transmission.
Baltic Classifieds shares plunge as company warns of compressed margins
(Sharecast News) - Baltic Classifieds Group reported higher first-half earnings and revenue on Thursday, but warned that increased investment in product and data initiatives would compress margins, sending its shares sharply lower.
Future surges as dividend hiked five-fold
(Sharecast News) - Media firm Future traded higher on Thursday after it unveiled a five‑fold dividend hike and a fresh £30m buyback, signalling confidence in its outlook despite a drop in annual revenues.
Aberdeen to take over Stageoach's £1.2bn pension scheme
(Sharecast News) - Aberdeen Group has agreed to take over as sponsoring employer of the £1.2bn Stagecoach Group pension scheme, it emerged on Thursday, in a landmark 'run-on' deal that would see the bus operator sever ties with its large defined benefit plan while members benefitted from enhanced payments and inflation protection.
IWG extends capital return program, reiterates medium-term guidance
(Sharecast News) - Flexible workspaces operator International Workplace Group said on Thursday that its capital return program would continue into 2026, highlighting a strategy focused on capital-light growth.
Friday preview: Halifax house prices in focus
(Sharecast News) - There are no FTSE 350 companies of note due to report on Friday as the pre-Christmas lull begins to take hold.
Consumers to foot bill as Ofgem green lights £28bn energy grid upgrade
(Sharecast News) - Britain's long-suffering energy customers face yet another hike in their bills after industry regulator Ofgem approved a £28bn plan to upgrade the electricity grid.
RBC Capital starts Mitie at 'outperform', says it's 'fundamentally undervalued'
(Sharecast News) - RBC Capital Markets initiated coverage of facilities management firm Mitie Group on Thursday with an 'outperform' rating and 195p price target.
SSP surges after revenue and profit growth, launches strategic review of European rail business
(Sharecast News) - Food and beverage outlets operator SSP said on Thursday that both revenue and operating profits had grown in the twelve months ended 30 September as it saw "strong trading" across three of its four regions and launched a strategic review of its rail business in Continental Europe.
EWI hits out at Saba Capital 'power grab'
(Sharecast News) - Edinburgh Worldwide Investment Trust hit out at Saba Capital on Thursday after the activist investor once again requested a general meeting as it looks to oust the company's board.
Rio Tinto plans up to $10bn in asset sales, spending cuts
(Sharecast News) - Mining giant Rio Tinto on Thursday announced plans to release up to $10bn of capital through cost cuts and asset sales, including stakes in infrastructure, and slashing its decarbonisation budget.
Premier Miton profits slip amid weaker flow environment, new chair appointed
(Sharecast News) - Fund manager Premier Miton Group on Thursday appointed a new chair designate as it reported a slight drop in profits over the year to 30 September amid significant outflows from US and European equity strategies.
DiscoverIE acquires Trival in all-cash deal
(Sharecast News) - Customised electronics manufacturer DiscoverIE Group said on Thursday that it had acquires Slovenian outfit Trival Antene in a deal worth up to €52.65m in cash.
Morgan Advanced Materials outlines plans for above-average growth
(Sharecast News) - Ceramics, fire protection and carbon technology firm Morgan Advanced Materials on Thursday laid out plans for above-market organic revenue growth, including improving efficiency and "maximising" the value of its portfolio.
Morgan Advanced Materials outlines plans for above-average growth
(Sharecast News) - Ceramics, fire protection and carbon technology firm Morgan Advanced Materials on Thursday laid out plans for above-market organic revenue growth, including improving efficiency and "maximising" the value of its portfolio.
Watches of Switzerland H1 underpinned by 'robust' US growth
(Sharecast News) - Watches of Switzerland reiterated its full-year guidance on Thursday after a "strong" first half, with revenue and profit higher thanks to "robust" growth in the US.
Frasers holds guidance despite weak consumer demand
(Sharecast News) - UK retailer Frasers Group held annual guidance despite a fall in half-year profit amid weak consumer confidence and excess inventory which continued to weigh on the sector, leading to heavy discounting.
AJ Bell hails record FY results, announces £50m share buyback
(Sharecast News) - AJ Bell announced a share buyback of up to £50m on Thursday as it hailed a record full-year performance, with "excellent" growth in customer numbers.
Vodafone's African subsidiary snaps up stake in Kenyan telco
(Sharecast News) - Telecommunications giant Vodafone said on Thursday that its African subsidiary, Vodacom, has agreed to acquire an effective 20% stake in Safaricom, Kenya's leading telecoms operator.
LSEG announces new integrations with OpenAI
(Sharecast News) - London Stock Exchange Group moved to broaden its artificial intelligence footprint on Wednesday, by integrating its financial data and analytics directly into ChatGPT, enabling users with LSEG credentials to access market information and news within OpenAI's platform.
Thursday preview: Frasers, AJ Bell results due
(Sharecast News) - Thursday sees the release of half-year results from Mike Ashley's Frasers Group, Baltic Classifieds and Watches of Switzerland.
Drax powers ahead after Citi upgrade to 'buy'
(Sharecast News) - Citi upgraded Drax on Wednesday to 'buy' from 'neutral' and lifted the price target to 850p from 689p as it pointed to limited downside risk.
STS Global underperforms benchmark in market dominated by US tech
(Sharecast News) - STS Global Income & Growth Trust reported a positive first-half performance on Wednesday, but lagged its benchmark as its value-oriented investment style continued to underperform a market dominated by a concentrated group of large US technology names.
Zigup shares jump after solid first half
(Sharecast News) - Zigup reported a solid first half on Wednesday, and said it expected full-year underlying profit before tax to be at least at the top end of market expectations, citing strong rental performance in Spain and continued momentum in the UK and Ireland.
4imprint names Paul Forman chair
(Sharecast News) - 4imprint Group said on Wednesday that Paul Forman will be appointed as an independent non-executive director and chair designate with effect from 1 January 2026.
Thames Water interim earnings rise, warns of 'material uncertainty'
(Sharecast News) - Utility provider Thames Water remained locked in rescue talks with creditors on Wednesday, even as it reported a sharp rise in interim revenue and profits.
JPMorgan downgrades Trainline to 'underweight', shares tank
(Sharecast News) - Trainline tanked on Wednesday after JPMorgan downgraded its stance on the shares to 'underweight' from 'neutral' and cut the price target to 230p from 300p.
Airbus confirms panel issue, lowers delivery target
(Sharecast News) - Airbus has confirmed the discovery of a quality issue on fuselage panels and lowered its delivery target for commercial aircraft to about 790 this year from 820.
Bloomsbury inks AI deal with Google Cloud
(Sharecast News) - Bloomsbury Publishing announced a strategic collaboration with Google Cloud on Wednesday, to accelerate its use of artificial intelligence across digital learning, content discovery and core publishing operations.
Gear4music hikes FY guidance following highest ever revenue day
(Sharecast News) - Musical equipment retailer Gear4music said on Wednesday that strong sales momentum had carried through Black Friday weekend, with the firm dispatching more than 14,000 orders on Cyber Monday - its highest ever revenue day.
Finsbury Growth & Income Trust flags disappointing FY performance
(Sharecast News) - Finsbury Growth & Income Trust said on Wednesday that its performance over the year to the end of September "has again been disappointing" as it underperformed its benchmark index.
Moneysupermarket delivers solid H2 performance, reiterates FY guidance
(Sharecast News) - Price comparison website operator Moneysupermarket highlighted strong second‑half momentum on Wednesday, with growth in its money and energy divisions offsetting insurance headwinds.
Smiths Group to sell Detection business to CVC Capital in £2bn deal
(Sharecast News) - Smiths Group said on Wednesday that it has agreed to sell its Detection business to CVC Capital Partners for an enterprise value of £2bn as it looks to focus on premium industrial engineering.
Paragon Bank shares slump on FY miss, motor finance provision
(Sharecast News) - Shares in Paragon Banking slumped on Wednesday after the specialist lender reported lower-than-expected annual earnings amid what it called "stop-start" customer demand due to political uncertainties and increased its potential liability for the car financing scandal to £25.5m.
Big Yellow warns property rates bill to rise 8.5pc by 2027
(Sharecast News) - Self-storage company Big Yellow said on Wednesday that its annual property rates bill was set to rise to £22.9m for the year ending 31 March 2027, an increase of £1.8m, or 8.5%, on current levels.
Senior wins contract to supply Airbus with fluid transport parts
(Sharecast News) - UK engineer Senior said it had won a multi-year contract by Airbus to design and make parts to transport fluids on dual and single aisle commercial aircraft.
Spire Healthcare points to NHS headwinds, earnings seen at bottom end of guidance
(Sharecast News) - Private hospitals operator Spire Healthcare pointed to a slowdown in NHS commissioning on Wednesday as it warned full-year earnings would come in at the bottom end of guidance.
HSBC names Brendan Nelson chair
(Sharecast News) - HSBC Holdings said on Wednesday that it has named former KPMG partner Brendan Nelson as group chair following a protracted search.
Qatar Holding to sell up to 97.5m Sainsbury's shares
(Sharecast News) - Qatar Holding (QIA) - a subsidiary of the Qatar Investment Authority - is planning to sell up to 83.6 million shares in Sainsbury's in a placing, according to a statement released by JPMorgan Securities on Tuesday.
JPMorgan upgrades Entain to 'overweight'
(Sharecast News) - JPMorgan upgraded Ladbrokes owner Entain on Tuesday to 'overweight' from 'neutral' as it said market share momentum appears to be more resilient than initially anticipated, with a solid third-quarter performance delivered despite the lapping of some of these easy comps.
MP Evans' Sumatra operations hit by severe flooding, but impact minimal
(Sharecast News) - London-listed Indonesian palm oil producer MP Evans has said it expects normal operations to resume in the "coming weeks" after a severe cyclone on the island of Sumatra led to significant flooding.
RC Fornax reports sharp increase in new orders
(Sharecast News) - RC Fornax reported a sharp increase in new orders at the start of its financial year on Tuesday, signalling a material upswing in demand following the UK government's Strategic Defence Review.
Mercia Asset Management reports higher earnings, improved profitability
(Sharecast News) - Mercia Asset Management reported higher earnings and improved profitability in the first half, supported by growth in assets under management and increased operating efficiency.
Thames Water mulling £2.5m retention payout to senior execs - report
(Sharecast News) - Thames Water directors are reportedly expected to meet within the coming days to discuss whether to pay nearly £2.5m in retention payments to 21 senior executives.
On The Beach results impress, but Shore Capital stays at 'hold'
(Sharecast News) - On the Beach's stock surged on Tuesday morning after the online package holiday impressed with its third straight year of record results, though they weren't enough to deter Shore Capital from keeping a 'hold' rating on the stock.
Panmure Liberum lifts British Land to 'buy', cites rent reversion upside
(Sharecast News) - Panmure Liberum upgraded British Land on Tuesday to 'buy' from 'hold' and lifted the price target to 490p from 424p, citing rent reversion upside.
Foresight Group shares slip despite asset, earnings growth
(Sharecast News) - Foresight Group shares were in the red on Tuesday morning even after it reported higher assets and earnings in its first half, supported by strong fundraising into retail vehicles and continued appetite for specialist real asset strategies.
Wednesday preview: Paragon Banking, Inditex results in focus
(Sharecast News) - Wednesday will see the release of full-year results from Paragon Banking and Victorian plumbing, interim results from Zigup, and a trading statement from Moneysupermarket.
Earnings rise, valuations grow at NewRiver REIT
(Sharecast News) - NewRiver REIT reported higher earnings and continued valuation growth in the first half of its financial year on Tuesday, buoyed by the integration of Capital & Regional and strong performance across its retail-focused property portfolio.
Severfield results hit by ongoing tough conditions in UK and Europe
(Sharecast News) - Interim results from Severfield underwhelmed investors on Tuesday after the structural steel contractor pointed to ongoing subdued market conditions across the UK and Europe.
Ryanair passenger numbers rise 6% in November
(Sharecast News) - Budget airline Ryanair reported a 6% jump in passenger numbers for November on Tuesday.
Bayer surges as Trump govt supports curb on Roundup lawsuits
(Sharecast News) - Bayer shares surged on Tuesday after the Trump's administration threw its weight behind a bid to curb long-running lawsuits alleging its Roundup weedkiller causes cancer.
Shaftesbury Capital posts strong leasing momentum, highlights festive trading strength
(Sharecast News) - Real estate investment trust Shaftesbury Capital reported strong year-to-date leasing activity on Tuesday, with 367 transactions securing £30.2m of new contracted rent - 9% ahead of December 2024 estimated rental values and 14% above previous passing rents.
Personal Assets Trust reports positive first half
(Sharecast News) - Personal Assets Trust delivered a positive first half, recording a 5.6% net asset value total return in the six months to 31 October, although it significantly lagged the broader UK equity market as defensive positioning tempered gains during a strong rally for risk assets.
Michelmersh expects profit decline after Q4 construction market slowdown
(Sharecast News) - Brick manufacturer Michelmersh has pointed to a "notable slowdown" in the construction market and activity levels in the final quarter of 2025, as it guided to a slight drop in profits this year.
Discoverie Group hails record interim profits, on track to meet FY expectations
(Sharecast News) - Discoverie Group said on Tuesday that it remained on track to deliver full-year adjusted earnings in line with the board's expectations as it hailed record interim profits.
RBC Capital reshuffles UK housebuilder ratings after sector review
(Sharecast News) - Analysts at RBC Capital Markets took a fresh look at UK housebuilders on Tuesday, changing the ratings and target prices on some of the sector's biggest names.
Topps Tiles shares tank as weak consumer confidence hits sales growth
(Sharecast News) - Topps Tiles said sales growth over the first nine weeks of the new financial year has moderated due to weaker consumer confidence after a record 12 months for the tile retailer, in which profits jumped by nearly a half.
On The Beach reaffirms outlook as profits, sales rise
(Sharecast News) - On The Beach Group reaffirmed guidance on Tuesday, sending shares sharply higher, after the package tour operator posted a jump in full-year profits and sales.
Netflix makes mostly cash offer for Warner Bros Discovery - report
(Sharecast News) - Movie studio and broadcaster Warner Bros Discovery is reportedly sifting through a second round of bids, including a mostly cash offer from streaming giant Netflix, in an auction that could finish in the coming days or weeks.
Kier names Wincanton's Hinton as incoming CFO
(Sharecast News) - Construction firm Kier Group revealed on Tuesday that chief financial officer Simon Kesterton will be stepping down from the board on 31 December, after six years in the role.
Endeavour Mining targets 12-15m oz discovery over next five years
(Sharecast News) - Endeavour Mining on Tuesday unveiled a plan targeting discovery of 12 - 15 million ounces over the next five years driven by a $540m exploration spend.
Victrex launches cost-cutting drive as profits slump
(Sharecast News) - Polymers group Victrex has launched a "profit improvement plan" targeting £10m of savings, after underlying earnings dropped 21% over the 12 months to 30 September.
Segro strikes pre-let development agreement with 'major international retailer'
(Sharecast News) - Property investment and development firm Segro has inked a pre-let development agreement with "a major international retailer" for an 86,000 square metre distribution centre in Germany's Rhine-Ruhr region.
Wizz Air passenger numbers rise 8.6% in November
(Sharecast News) - Budget airline Wizz Air carried 5.25 million passengers in November, an 8.6% increase year-on-year, with seat capacity rising 9.5% to 5.79 million.
CLS Holdings highlights resilient leasing and balance sheet progress
(Sharecast News) - Property investor CLS Holdings said on Tuesday that it had made further progress against its strategic priorities in the second half of 2025, including improving occupancy, executing disposals, and refinancing debt.
Blackstone contemplating abandoning pursuit of Big Yellow - report
(Sharecast News) - Shares in Big Yellow Group tumbled on Monday following a report that Blackstone is seriously contemplating abandoning its interest in a multibillion-pound takeover bid for the self-storage firm.
Greggs shares spark as activist investor urges cost cuts
(Sharecast News) - Greggs shares shot higher on Monday following a report the bakery chain is being urged by activist investor Lauro Asset Management to cut tens of millions of pounds of annual costs over fears it will otherwise fall prey to a cut-price takeover bid.
Tesla sales slump continues across key European markets
(Sharecast News) - Tesla sales dropped sharply across a number of large European markets in November as Elon Musk's electric car company continues to battle against a backlash against its controversial founder.
Airbus shares slump on report of new issue with A320 aircraft
(Sharecast News) - Shares in aerospace giant Airbus fell sharply on Monday after the company reportedly discovered an industrial quality issue regarding dozens of A320-family aircraft just two days after a software fix had to be implemented on thousands of the same planes.
NatWest in talks to take stake in fintech start-up Bourn - report
(Sharecast News) - NatWest Group is reportedly taking a stake in London-based fintech Bourn, which helps provide smaller businesses with immediate access to flexible secured funding.
Berenberg ups target price on Wilmington as Spanish regulator clears deal
(Sharecast News) - Analysts at Berenberg raised their target price on Wilmington from 460p to 485p on Monday after the information services provider announced it had received Foreign Direct Investment clearance from the Spanish regulator for its €121.6m acquisition of a regulatory technology software business Conversia.
Unilever to sell Graze to Kandy Kittens owner Katjes International
(Sharecast News) - Unilever said on Monday that it has agreed to sell the Graze business to Candy Kittens owner Katjes International for an undisclosed sum.
Harbour Energy to axe 100 jobs, blames windfall tax
(Sharecast News) - Independent North Sea oil and gas producer Harbour Energy on Monday said it was cutting 100 jobs, blaming the government's levy on profits.
Shore Capital highlights 'significant' growth potential at Shawbrook
(Sharecast News) - The recent rally in Shawbrook's stock has further to run, according to Shore Capital, which initiated coverage of the banking group with a 'buy' rating on Monday.
Tuesday preview: Victrex, On The Beach, Topps Tiles
(Sharecast News) - Tuesday sees the release of full-year results from Victrex, On The Beach and Topps Tiles.
Wood Group appoints Jade Moore as new CFO
(Sharecast News) - Aberdeen-based energy engineering and consultancy firm Wood has announced the appointment of a new chief financial officer, having been without a permanent head of finance for nine months.
RBC Capital lifts Compass Group to 'outperform'
(Sharecast News) - RBC Capital Markets upgraded Compass Group on Monday to 'outperform' from 'sector perform' and lifted the price target to 2,775p from 2,700p.
Nhleko out, Goethe in as Tullow chair
(Sharecast News) - Tullow Oil announced the appointment of Roald Goethe as its independent non-executive chair on Monday, replacing Phuthuma Nhleko, who stepped down with immediate effect to pursue other business interests.
Topps Tiles appoints Caroline Browne as new CFO
(Sharecast News) - Topps Tiles said on Monday that it has appointed Caroline Browne as its new chief financial officer.
Odyssean Investment Trust exceeds broader small company markets
(Sharecast News) - Odyssean Investment Trust said on Monday that it had exceeded the broader smaller company markets in the six months to September end.
HICL and Trig abandon £5.3bn merger after shareholder backlash
(Sharecast News) - The multi-billion merger of HICL Infrastructure and The Renewables Infrastructure Group has been abandoned, it was announced on Monday, after widespread opposition from shareholders.
Serco secures £500m contract to operate HMP Dovegate
(Sharecast News) - Serco said on Monday that it has been awarded a 12-year contract worth around £500m to manage HMP Dovegate in Staffordshire.
Plus500 named clearing partner for CME-FanDuel platform
(Sharecast News) - Fintech firm Plus500 said on Monday that it had been appointed clearing partner for CME Group and FanDuel's new event‑based contracts platform.
Virgin Media fined £24m after cutting off vulnerable customers
(Sharecast News) - Telecoms operator Virgin Media has been fined £23.8m after it disconnected vulnerable customers during a bungled phone line migration and placed thousands of people "at direct risk of harm".
Wynnstay jumps after upbeat trading update
(Sharecast News) - Agricultural products and services firm Wynnstay Group traded higher early on Monday after it said full‑year results would come in modestly ahead of market expectations.
Wizz, easyJet finish software fixes on Airbus A320s without disruption
(Sharecast News) - Budget airlines easyJet and Wizz said they had completed software upgrades to their fleets of Airbus A320 planes over the weekend without any cancellations after a warning from the manufacturer on Friday that solar radiation could interfere with onboard computers.
JPMorgan European Discovery Trust outperforms in volatile H1
(Sharecast News) - JPMorgan European Discovery Trust outperformed the wider market over the six months to 30 September, as the investment trust expressed confidence about the prospects for small and mid-caps across the continent.
Target Healthcare REIT invests £45m in Scottish care homes
(Sharecast News) - Specialist investor Target Healthcare REIT said on Monday it had acquired three operational care homes in Central Scotland and contracted on a forward commitment to purchase a fourth, in deals worth £45m.
Hunting secures first South American contract for newly acquired unit
(Sharecast News) - Precision engineering group Hunting's Hunting Energy Services Production Technology subsidiary has won its first sampling and testing contract in Brazil.
Melrose Industries' finance chief to step down
(Sharecast News) - The chief financial officer of Melrose Industries is to step down, the blue chip aerospace firm announced on Monday.
SolGold rejects second takeover proposal from JCC, shares spark
(Sharecast News) - SolGold shares sparked on Friday after the copper and gold miner said it had rejected a second takeover proposal from China's Jiangxi Copper Company (JCC).
Pensions giant WTW in talks to buy NatWest's pensions unit - report
(Sharecast News) - Pensions giant WTW is reportedly in talks to buy the workplace retirement schemes platform owned by NatWest Group.
Anglo American faces revolt from investors over share payouts - report
(Sharecast News) - The UK investment industry's trade body is reportedly urging shareholders to oppose plans that would guarantee a multi-million pound share bonanza to executives at Anglo American as it finalises a $33bn merger with Canada's Teck Resources.
Delivery Hero surges on report investors pushing for divestments
(Sharecast News) - Delivery Hero shares surged on a report the German food delivery platform is considering selling or divesting parts of its business under pressure from several major shareholders.
Whitbread shares tank on broker downgrade, Budget hit
(Sharecast News) - Shares in Whitbread fell sharply on Friday on a broker downgrade and the Premier Inn owner's forecast that increases in property taxes introduced in the Budget would cost an extra £40m-50m in 2027.
CT UK High Income Trust fails to keep up with 'buoyant' market
(Sharecast News) - CT UK High Income Trust said on Friday that it had performed well in the six months to September end but had failed to keep up with a "buoyant" market.
Citi raises target price on British American Tobacco, flags scope for FY26 outperformance
(Sharecast News) - Analysts at Citi raised their target price on tobacco giant British American Tobacco to £48.50 on Friday, stating it expects the firm's 2026 growth performance to surprise to upside.
JPMorgan downgrades Burberry to 'underweight'
(Sharecast News) - JPMorgan downgraded Burberry to 'underweight' from 'neutral' on Friday as it took a look at the European luxury goods sector.
Shore Capital hails "excellent" results from Mitchells & Butlers
(Sharecast News) - Shore Capital has maintained a 'buy' rating on Mitchells & Butlers after the pub and restaurant group delivered an "excellent" set of annual results ahead of expectations, citing the stock's undemanding valuation.
Berenberg slashes targets for gaming firms post-Budget, downgrades Evoke
(Sharecast News) - Berenberg has slashed its target prices across the UK gambling and betting sector as a result of downgrades to estimates driven by this week's Autumn Budget.
UK business confidence slips but remains above average, says Lloyds
(Sharecast News) - Business confidence in the UK weakened before the Budget this month, according to the latest Lloyds Business Barometer on Friday, but remained firmly above the long-term average.
Facilities by ADF appoints media veteran Nicola Pearcey as CEO
(Sharecast News) - UK film and TV production facilities group Facilities by ADF has appointed movie-industry veteran Nicola Pearcey as its new chief executive who will start in mid-January.
Mitchells & Butlers shares spark as FY profits beat forecasts
(Sharecast News) - Shares in Mitchells & Butlers surged on Friday as the pub group posted better-than-expected annual profits and kept cost impacts unchanged, despite rising pressures, adding that like for like sales in the last two months had risen by 3.8% amid uncertainty ahead of the UK government's Budget.
Playtech shares rally on guidance despite hit from UK Budget
(Sharecast News) - Gambling services provider Playtech rebounded, with the stock rising 10% after reassuring investors that it would meet full-year expectations despite rises in online gaming duty as part of the Budget.
Director dealings: Senior chairman snaps up shares
(Sharecast News) - Senior revealed on Thursday that chairman Ian King had acquired 75,000 ordinary shares in the FTSE 250-listed manufacturing and engineering firm.
JPMorgan European Growth & Income sees improving investor sentiment after H1 outperformance
(Sharecast News) - London-listed investment trust JPMorgan European Growth & Income said it was the best-performing investment trust in its sector over the six months to 30 September, with its portfolio outperforming wider benchmarks by 3.5 percentage points.
Saba makes fresh attempt to oust EWI board
(Sharecast News) - Saba Capital Management said on Thursday that it has written to Edinburgh Worldwide Investment Trust - in which it has a 30% stake - to request a general meeting as it looks once again to oust the entire board.
Canaccord Genuity slightly lowers target price on Arrow Exploration
(Sharecast News) - Canaccord Genuity slightly lowered its target price on Arrow Exploration from 25p to 22p on Thursday but reiterated its 'speculative buy' rating on the stock, highlighting significant investment in its Tapir licence in Colombia.
Primary Health Properties a 'clear winner' from Budget, says Shore Capital
(Sharecast News) - Shoer Capital has reiterated its 'buy' rating for Primary Health Properties, saying the primary healthcare-focused real estate group is a "clear winner" from new NHS investments announced in this week's Budget.
Flutter warns over gambling tax rises, plans mitigation
(Sharecast News) - Flutter Entertainment warned on Thursday that sharp increases to UK online gambling taxes unveiled in the government's Autumn Budget would materially hit profitability, though the company expected to offset part of the impact through cost cuts and market share gains.
Macfarlane FY adjusted operating profits seen in line with expectations
(Sharecast News) - Packaging company Macfarlane said on Thursday that it anticipates its full-year performance will be in line with expectations, with the firm set to report adjusted operating profits of roughly £19.1m.
Puma shares surge on report China's Anta, others mulling bid
(Sharecast News) - Shares in Puma surged on Thursday after a report that China's Anta Sports was among firms exploring a potential takeover the German sportswear and equipment maker.
Capita secures £33m contract with UK financial services provider
(Sharecast News) - Capita said on Thursday that it has secured a three-year contract extension worth £33m with a "leading" UK financial services provider to continue delivering critical contact centre services.
Europe open: Shares edge ahead as Puma surges on bid talk
(Sharecast News) - European markets made slight gains at the open on Thursday, with Puma shares in focus on reports of a potential bids for the German sportswear giant.
WH Ireland shares surge after £13m takeover offer by Team
(Sharecast News) - Shares in WH Ireland jumped by over a third on Thursday after the wealth management firm reached a merger deal with larger outfit Team to create a financial services company worth £30m.
WH Ireland shares surge after £13m takeover offer by Team
(Sharecast News) - Shares in WH Ireland jumped by over a third on Thursday after the wealth management firm reached a merger deal with larger outfit Team to create a financial services company worth £30m.
Hvivo client acquired by MSD in $9.2bn deal
(Sharecast News) - Contract research organisation Hvivo congratulated its client Cidara Therapeutics on Thursday after the US biotech firm agreed to be acquired by Merck Sharp & Dohme in a deal worth around $9.2bn.
Halfords backs FY expectations after 'strong' H1
(Sharecast News) - Halfords said on Thursday that it was on track to deliver FY26 expectations following a "strong" first half, as it pointed to a solid performance from cycling.
Berenberg lowers target price on Strix
(Sharecast News) - Analysts at Berenberg lowered their target price on kettle controls manufacturer Strix from 85p to 75p on Thursday following the group's trading update a day earlier, but said it continues to consider its valuation "attractive" given the medium-term outlook for the business.
Asahi delays results due to cyber attack as 1.5m customer details accessed
(Sharecast News) - Japanese brewing giant Asahi on Thursday said the personal details of more than 1.5 million customers had been accessed in a cyber attack last September as it also delayed publication of its full-year results.
Anglo Asian shares surge as trading resumes amid takeover speculation
(Sharecast News) - Trading in shares of precious metals producer Anglo Asian Mining was restored early on Thursday after being briefly suspended earlier in the week amid takeover speculation.
Safestore revenues rise on new openings, UK demand
(Sharecast News) - Self storage chain Safestore reported a 6.1% rise in fourth quarter revenue year-on-year with positive contributions on a like-for-like and new stores basis.
Marshalls CEO Matt Pullen steps down with immediate effect
(Sharecast News) - Hard landscaping products manufacturer Marshalls said on Thursday that Matt Pullen will be stepping down from his role as chief executive officer, with immediate effect.
Friday preview: Nationwide house prices in focus
(Sharecast News) - Friday looks set to be a quiet end to the week, with no major UK corporate releases due and US markets closing early for the Thanksgiving holiday.
Unite-Empiric merger given green light by competition regulator
(Sharecast News) - Student accommodation group Unite's proposed acquisition of smaller rival Empiric has been approved by the Competition and Markets Authority, the regulator announced on Thursday.
Sirius Real Estate acquires multi-tenant business park in Hamburg
(Sharecast News) - Business parks investor Sirius Real Estate said on Thursday that it has acquired a multi-tenant business park in Hamburg for €31.9m.
Pennon Group returns to profit as revenues surge
(Sharecast News) - Pennon Group swung back into the black in the first half, the utility confirmed on Thursday, boosted by higher bills and strong demand over the hot summer months.
Evoke withdraws medium-term targets after Budget tax changes
(Sharecast News) - Evoke withdrew its medium-term financial targets on Wednesday in response to the gambling tax rises announced in the Budget, which it expects to increase duty costs by about £125m to £135m on annualised basis once fully implemented.
Entain estimates £200m annual additional costs from new gambling taxes
(Sharecast News) - Ladbrokes owner Entain said on Wednesday that its UK & Ireland online business would incur annualised additional costs of around £200m from the changes to gambling taxes announced in the Budget.
Rank says Budget changes to dent annual operating profit by £40m
(Sharecast News) - Grosvenor Casinos and Mecca Binga owner Rank Group said on Wednesday that the new measures announced in the Budget are expected to dent annual operating profit by around £40m before mitigation.
S&P 500 could surpass 8,000 next year, says JPMorgan
(Sharecast News) - In its global equity outlook for 2026, JPMorgan said on Wednesday that the S&P 500 could surpass 8,000 next year.
St James's Place and IG jump on stamp duty holiday, ISA reform, investment hubs
(Sharecast News) - Wealth manager St James's Place and online trading platform IG Group rallied on Wednesday after Chancellor Rachel Reeves confirmed a stamp duty holiday for newly-listed London shares and ISA reforms to encourage investment in UK equities, and announced plans for new investing hubs.
Gambling stocks slump as OBR confirms higher taxes
(Sharecast News) - Shares in gambling companies slumped on Wednesday as the Office for Budget Responsibility confirmed the sector would be facing higher taxes.
Shore Capital says GB Group progress 'going to plan'
(Sharecast News) - Shore Capital has reiterated its 'buy' rating for GB Group after the identity verification specialist's interim results this week, saying the company's progress is "going to plan".
Jefferies sees major upside at Senior after recent falls
(Sharecast News) - Jefferies has raised its target price for Senior despite the recent pullback in the stock following last week's trading update, predicting further upside from current prices.
Mobico on track to recach lower end of profit guidance
(Sharecast News) - Mobico Group said in an update on Wednesday that it remains on track to meet its full-year profit guidance, despite weaker trading in the UK, as it presses ahead with a large-scale cost reduction programme and opts not to redeem its perpetual bond.
Mobico on track to reach lower end of profit guidance
(Sharecast News) - Mobico Group said in an update on Wednesday that it remains on track to meet its full-year profit guidance, despite weaker trading in the UK, as it presses ahead with a large-scale cost reduction programme and opts not to redeem its perpetual bond.
Strix CEO to depart in 2026 amid debt‑cutting drive
(Sharecast News) - Kettle safety controls manufacturer Strix revealed on Wednesday that chief executive Mark Bartlett would step down in May 2026 after nearly two decades with the firm and more than ten years in the top job.
Auction Technology confident despite slide into the red
(Sharecast News) - Auction Technology Group reaffirmed guidance on Wednesday, despite swinging into the red, after the current year got off to a "robust" start.
Speedy Hire shares jump as ProService deal supports bullish outlook
(Sharecast News) - Tool and equipment rental group Speedy Hire delivered an upbeat outlook on Wednesday despite swinging to a loss in the first half, hailing the recent "transformational" deal with HSS Hire which should add up to £55m in annualised revenues.
Thursday preview: Pennon, Halfords results in focus
(Sharecast News) - With all the excitement - and dread - of the Budget out of the way and US markets closed for the Thanksgiving holiday, Thursday looks set to be fairly quiet.
Elementis buys Alchemy Ingredients for $22m
(Sharecast News) - Global specialty chemicals company Elementis said it had bought UK based Alchemy Ingredients for an enterprise value of $22m on a cash-and-debt-free basis.
Workspace offloads three assets for £41.7m
(Sharecast News) - Flexible offices provider Workspace announced on Wednesday that it has completed the disposal of a portfolio of three assets for £41.7m, in line with its September 2025 valuation and at a net initial yield of 7.9%.
Intertek expands into US flooring market with PTL acquisition
(Sharecast News) - Quality assurance specialist Intertek said it had bought US-based Professional Testing Laboratory, which provides testing services for the flooring industry, for an undisclosed sum.
Energean production ramps up in third quarter
(Sharecast News) - Mediterranean and UK North Sea-focused gas explorer Energean said it expects full-year output to be in line with guidance despite the "challenging geopolitical and macro environment" in Israel.
Harworth strengthens balance sheet with £275m revolving credit facility
(Sharecast News) - Property developer Harworth Group has secured a new £275m revolving credit facility with a syndicate of existing relationship banks, including NatWest, Santander and HSBC.
Harworth strengthens balance sheet with £275m revolving credit facility
(Sharecast News) - Property developer Harworth Group has secured a new £275m revolving credit facility with a syndicate of existing relationship banks, including NatWest, Santander and HSBC.
Pets at Home begins £20m cost-cutting drive as interim profits sink
(Sharecast News) - Pets at Home has announced it is taking "action at pace" to address its disappointing retail performance after interim profits at the pet shop and veterinary chain slumped by a third.
Berenberg starts Genus at 'buy', cites protein demand and China opportunity
(Sharecast News) - Analysts at Berenberg initiated coverage on genetics firm Genus with a 'buy' rating and a 3,050p target price on Wednesday, stating the "long-term underlying dynamics" of the business "look attractive".
AstraZeneca secures US approval for Imfinzi in gastric cancer
(Sharecast News) - Drugmaker AstraZeneca said on Wednesday that its Imfinzi asset has been approved in the US for use alongside standard FLOT chemotherapy in the treatment of adult patients with resectable, early‑stage and locally advanced gastric and gastroesophageal junction cancers.
TSMC launches legal action after former executive joins Intel
(Sharecast News) - The Taiwan Semiconductor Manufacturing Company has launched legal action against a former senior executive after he joined US rival Intel, it was confirmed on Tuesday.
Thruvision trims forecast despite revenue rise, shares slump
(Sharecast News) - Thruvision reported a sharp rise in first-half revenue on Tuesday, but shares were falling on a warning that full-year sales would fall short of market expectations as weakness in the UK retail distribution market persisted.
Renew delivers record revenues, order book
(Sharecast News) - Shares in Renew Holdings rose on Tuesday after the infrastructure engineering services firm reported its highest-ever annual revenues and adjusted profits, ending the financial year with a record order book.
JPMorgan downgrades Baltic Classifieds, shares slide
(Sharecast News) - Baltic Classifieds slumped on Tuesday after JPMorgan downgraded the shares to 'underweight' from 'overweight' and slashed the price target to 630p from 770p as part of a broader note on global online classifieds.
Molten Ventures upbeat on positive first half
(Sharecast News) - Molten Ventures reported a rise in portfolio value, net asset value and realisations in the first half of its financial year on Tuesday, as the venture capital group said it was sustaining the progress set out in its strategic plan.
Intercede unveils $4m of new business as first-half profits sink
(Sharecast News) - Digital identity and authentication group Intercede reported a sharp fall in first-half profits due to a weaker top line and increased investments, but delivered a confident outlook, bolstered by a series of new contract and renewal orders worth $4.2m.
Wednesday preview: Budget day finally arrives
(Sharecast News) - All eyes will be on the long-awaited and much-dreaded Budget on Wednesday.
Hilton Foods CEO Steve Murrells steps down
(Sharecast News) - Hilton Food Group said on Tuesday that chief executive Steve Murrells was stepping down with immediate effect.
Berenberg raises target price on GSK
(Sharecast News) - Analysts at Berenberg slightly raised their target price on drugmaker GSK from £16 to £16.60 per share on Tuesday after it hosted chief financial officer Julie Brown for the eighth session of its annual pharma CFO series.
Treatt CEO to step down at year‑end
(Sharecast News) - Extracts and ingredients business Treatt revealed on Tuesday that chief executive David Shannon had informed the board of his intention to step down from the role as of 31 December.
Government chooses Heathrow's expansion plan
(Sharecast News) - The government has selected Heathrow Airport's expansion plans, it confirmed on Tuesday, including a £33bn third runway at the west London hub.
Begbies Traynor expands property auction business with Network Auctions acquisition
(Sharecast News) - Corporate restructuring specialist Begbies Traynor said on Tuesday that Eddisons, its property advisory and transactional services division, was expanding its property auction business through the acquisition of Network Auctions.
GB Group 'pleased' with first half, extends share buyback
(Sharecast News) - GB Group reported a modest rise in first-half revenue on a constant-currency basis on Tuesday, and said it remained confident of accelerating growth in the second half, as the identity verification specialist continued its operational turnaround.
Intertek in the red as FX and divisional softness offset revenue gains
(Sharecast News) - Quality assurance firm Intertek said on Tuesday that trading remained robust through the three months ended 31 October, but warned that tough comparators and currency headwinds had weighed on its overall performance.
Marston's shares surge as Xmas bookings, profits jump
(Sharecast News) - Shares in Marston's surged on Tuesday as the pub chain reported a sharp jump in annual profits and said bookings for the key Christmas period were up 11% year on year.
Cranswick backs full-year outlook as interim profit, revenue rise
(Sharecast News) - Food producer Cranswick backed its full-year outlook on Tuesday as it reported a jump in interim profit, with revenue growth across all categories.
Petershill Partners sees Q3 AuM slip as firm readies for delisting
(Sharecast News) - Goldman Sachs-backed Petershill Partners reported a slight fall in assets under management and earnings over the third quarter, ahead of its proposed delisting from the London Stock Exchange next week
AO World lifts full-year profit outlook
(Sharecast News) - Online electricals retailer AO World lifted its full-year profit outlook on Tuesday following slightly better-than-expected trading in the first half.
Telecom Plus interim profits sink, but outlook confident
(Sharecast News) - Telecom Plus reported a near-30% plunge in adjusted earnings over the first half despite solid revenue growth, due to the re-phasing of energy costs across the financial year, though a strong increase in customer numbers has supported confidence in hitting full-year forecasts.
Domino's CEO steps down amid talk of tensions over direction
(Sharecast News) - Domino's Pizza said chief executive Andrew Rennie was stepping down by mutual consent with immediate effect amid reports of tensions with the board over the company's future direction as consumers become more cost and calorie conscious.
EasyJet lifts holiday profit outlook as FY beats forecasts
(Sharecast News) - Low cost airline easyJet upgraded forecasts for its holiday division after demand for packaged breaks helped it offset a tough flying market and post a 9% rise in full-year pre-tax earnings to a better-than-expected £655m.
Next hikes special dividend following Waltham Abbey sale
(Sharecast News) - Retailer Next said on Tuesday it had sold non‑operational land at Waltham Abbey in Essex, generating net cash proceeds of £54.1m and an exceptional profit of £16.3m, leading it to hike its previously announced special dividend by 45p.
RBC Capital downgrades Morgan Advanced to 'sector perform'
(Sharecast News) - RBC Capital Markets downgraded its stance on Morgan Advanced Materials on Tuesday to 'sector perform' from 'outperform' and cut the price target to 210p from 250p as it said the market was likely to "look for proof of improvement".
Autins shares drop as interim revenues hit by JLR cyber incident
(Sharecast News) - The share price of Autins Group dropped sharply on Tuesday after the automotive parts company's interim results were marred by the highly publicised cyber attack at JLR - its largest UK customer - which had a "material impact" on operations .
Compass post double-digit profit growth as full-year sales rise
(Sharecast News) - Catering giant Compass reported strong underlying sales growth in the fiscal year to 30 September, driven by a solid performance in North America and good client retention.
Beazley slumps as premium growth outlook weakens further
(Sharecast News) - Shares in insurance giant Beazley tumbled on Tuesday after it cut its premium growth guidance for 2025, warning that gross income written premium growth was now expected to be flat to low single digits.
Kingfisher boosts outlook despite weak market conditions
(Sharecast News) - B&Q-owner Kingfisher upgraded its full-year outlook on Tuesday, despite market conditions softening in the UK and Poland during the third quarter.
Life insurers clear stress tests - BoE
(Sharecast News) - British life insurers could withstand severe market stress, the Bank of England confirmed on Monday, following a review of the sector's financial resilience.
Trellus Health secures $0.6m loan from longstanding shareholder
(Sharecast News) - Trellus Health announced on Monday that it has secured a $0.6m unsecured loan from its longstanding shareholder, the Icahn School of Medicine at Mount Sinai, to support its commercial strategy and extend its cash runway into late January, as it continued discussions over a potential equity raise.
Institutional investors come out against HICL-TRIG merger - report
(Sharecast News) - A growing number of institutional investors are pushing back against the merger of HICL Infrastructure and The Renewables Infrastructure Group, it was reported on Monday, over mounting concerns about how the proposed mega-deal has been structured.
GlobalData launching £10m buyback, working on main market move
(Sharecast News) - GlobalData said in an update on Monday that it would launch a £10m share buyback this week, while it reaffirmed its commitment to moving to the London Stock Exchange Main Market as it hosted its 2025 capital markets event for analysts and investors in London.
Rainbow Rare Earths says yttrium price surge adds $30m in profits
(Sharecast News) - Shares in Rainbow Rare Earths rose on Monday after the company said that the recent surge in yttrium prices has "materially enhance[d]" the economics of its Phalaborwa project in the Limpopo region of South Africa.
Tuesday preview: EasyJet results, US retail sales in focus
(Sharecast News) - Tuesday sees the release of full-year results from budget airline easyJet, catering firm Compass and pub group Marston's.
Revolut valued at $75bn after share offering
(Sharecast News) - London-based fintech Revolut has been valued at $75bn (£57bn) after completing a secondary share sale, the company said on Monday.
Goldman starts coverage of six UK housebuilders with 'constructive' outlook
(Sharecast News) - Goldman Sachs initiated coverage of six UK housebuilders on Monday with a constructive outlook "as a better operating environment drives improving volume growth and expanding margins".
Goldman starts coverage of six UK housebuilders with 'constructive' outlook
(Sharecast News) - Goldman Sachs initiated coverage of six UK housebuilders on Monday with a constructive outlook "as a better operating environment drives improving volume growth and expanding margins".
Canaccord Genuity lowers Cerillion target price, still sees long‑term upside
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on software firm Cerillion from 2,350p to 2,250p on Monday, after the group's October update pointed to a second-half growth rebound, as well as some sales slippage into full-year 2026.
TT Electronics reconfirms 2025 outlook despite heavy year‑end profit requirement
(Sharecast News) - Engineered electronics group TT Electronics reconfirmed its full‑year guidance on Monday, despite acknowledging it needs to deliver around £12m in adjusted operating profit over the final two months of the year to meet expectations.
Cerillion beats full-year forecasts as order intake picks up
(Sharecast News) - Annual results from Cerillion impressed the market on Monday after the telecoms software group reported an acceleration in order intake in the second half, with its sales pipeline ending the fiscal year at a record high.
S4 Capital warns on full-year profits
(Sharecast News) - Martin Sorrell's advertising firm S4 Capital warned on Monday that full-year profit was set to miss consensus expectations, pointing in part to client caution.
Rosebank confident in meeting full-year forecasts with ECI
(Sharecast News) - Rosebank Industries said in an update on Monday that it remains highly confident of meeting full-year expectations after a solid start to its ownership of Electrical Components International, reporting stronger margins, progress on restructuring and lower-than-expected net debt.
Shore Capital downgrades JD Sports Fashion to 'hold'
(Sharecast News) - Shore Capital has cut its rating for JD Sports Fashion from 'buy' to 'hold', citing a tough athleisure market and weak consumer backdrop.
Walker Crips to be taken private in £6m deal
(Sharecast News) - Walker Crips Group is to be taken private by its largest shareholder in a £6m deal, the embattled wealth manager announced on Monday, sending the stock rocketing.
IMI sells Truflo Marine unit for £225m
(Sharecast News) - IMI has signed a deal to sell its Truflo Marine business to US-based Fairbanks Morse Defense for an enterprise value of £225m.
BHP officially walks away from Anglo American takeover
(Sharecast News) - Mining titan BHP has confirmed it is no longer pursuing a takeover of Anglo American that had threatened to wreck the latter's $57bn merger with Teck Resources.
International Public Partnerships names Sarah Whitney as chair designate
(Sharecast News) - Infrastructure investment firm International Public Partnerships said on Monday that it has tapped Sarah Whitney to take over from Mike Gerrard as chair following the conclusion of its annual general meeting in 2026.
AstraZeneca to spend $2bn in US manufacturing push
(Sharecast News) - AstraZeneca is to invest $2bn ramping up manufacturing facilities in Maryland, America, the blue chip drugs giant said on Monday.
Curve shareholder IDC Ventures files legal challenge to block sale to Lloyds - report
(Sharecast News) - Curve's biggest external investor - IDC Ventures - has reportedly filed a legal challenge aimed at overturning the digital wallet provider's sale to Lloyds Banking Group.
IAG confirms interest in buying stake in Portugal's TAP
(Sharecast News) - British Airways and Iberia owner IAG confirmed on Friday that it has submitted a formal expression of interest in buying a minority stake in Portugal's flag carrier TAP.
Growth postponed at Jet2, but Panmure Liberum stays optimistic
(Sharecast News) - Panmure Liberum has reiterated a 'buy' call on Jet2 despite predictions that the budget airline will take three years to return to earnings growth.
Eurostar fares could rise as UK govt plans tax raid on Chunnel
(Sharecast News) - Eurotunnel has cancelled a major UK investment in response to government plans for sharp tax increases on the Channel Tunnel in a move that could push up prices of Eurostar rail tickets.
CK Hutchison planning dual HK, London listing for AS Watson
(Sharecast News) - AS Watson, one of the largest health and beauty retailers owned by Hong Kong conglomerate CK Hutchison, is reportedly looking to raise up to $2.0bn via a dual listing on the HKEX and London Stock Exchange.
Bank of America starts Plus500 at 'buy', IG Group at 'neutral'
(Sharecast News) - Bank of America initiated coverage on Plus500 on Friday with a 'buy' rating and 3,630p price target, saying it's a high-quality business with 42% return on invested capital, free cash flow conversion above 100% and $1bn of capital returns by FY28E.
Agronomics commits another $2m to SuperMeat
(Sharecast News) - Agronomics increased its backing for cultivated-meat producer SuperMeat on Friday, committing $2m to the company's latest funding round as the Israeli start-up advanced toward commercial production of its lab-grown chicken in Europe.
Berenberg lowers target price on Breedon
(Sharecast News) - Analysts at Berenberg lowered their target price on construction firm Breedon from 540p to 465p on Friday following the group's trading update for the 10 months ended 31 October.
Losses at Asos narrow despite sales dip
(Sharecast News) - Asos posted narrowed losses on Friday, despite a slide in annual sales, as the online retailer's turnaround gathered pace.
Italian eyewear firm Safilo considering third offer for UK's Inspecs
(Sharecast News) - Italian eyewear company Safilo has said it is considering making a third, revised offer to acquire UK-listed peer Inspecs after two previous takeover approaches were rejected.
Tullow Oil shares tank on refinancing, output update
(Sharecast News) - Tullow Oil has said it is engaging in refinancing talks in an attempt to put the business on a "long-term sustainable financial footing", as it revealed that full-year output would be at the low end of guidance and production would fall further next year.
Carclo shares dive as first-half revenues slip
(Sharecast News) - Carclo's share price dropped by more than tenth on Friday despite the precision manufacturing company maintaining its full-year forecasts and delivering a bullish outlook, as it reported lower revenues in the first half.
PPHE Hotel Group begins review, sale among options
(Sharecast News) - Hospitality real estate firm PPHE Hotel Group has launched a strategic review aimed at maximising value for shareholders, with options on the table including fresh growth capital, portfolio actions, or a potential sale of all or part of the group.
Unilever mulls sale of historic British food brands - report
(Sharecast News) - Unilever is reportedly considering selling some of its best-known British food brands, including Marmite, as it refocuses on beauty and wellbeing.
UK energy price cap to rise by 0.2% in January
(Sharecast News) - Long-suffering UK households will see their energy bills rise by 0.2% from January 1 after industry regulator Ofgem increased its price cap despite a 4% fall in wholesale costs over the last three months.
HgCapital sells Intelerad stake to GE Healthcare for $2.3bn
(Sharecast News) - Investment firm HgCapital Trust said on Friday that it has exited from its investment in Intelerad, selling it to GE Healthcare in a deal worth around $2.3bn.
Babcock posts solid profit growth as nuclear revenues jump
(Sharecast News) - Babcock International delivered a big jump in profits over the first half ended 30 September, driven by double-digit organic growth in its nuclear division and an improvement in group margins.
Hammerson takes full control of The Oracle, lifts guidance
(Sharecast News) - Property development and investment firm Hammerson said on Friday that it has acquired the remaining 50% stake in The Oracle, as it reported strong year-to-date trading and lifted its EPRA earnings guidance for FY25.
GSK files suit against AnaptysBio over licensing rights
(Sharecast News) - GSK has filed a lawsuit against AnaptysBio in the US over licensing rights for its Jemperli cancer treatment.
Frasers Group buys Braehead Shopping Centre in Glasgow
(Sharecast News) - Frasers Group said on Thursday that it has bought the Braehead Shopping Centre in Glasgow, Scotland's largest retail and leisure destination.
Ilika reports technical progress across battery programmes
(Sharecast News) - Ilika reported continued technical progress across its solid-state battery programmes on Thursday, and confirmed it remained on schedule to release its next-generation Goliath prototypes by year-end, although first-half revenue and EBITDA reflected increased investment in development and testing.
Asda agrees sale-and-leaseback over 24 stores, distribution centre
(Sharecast News) - Asda agreed to sell 24 supermarkets and its Lutterworth distribution depot in a £568m sale-and-leaseback deal, it announced on Thursday, as the debt-burdened retailer seeks to strengthen its balance sheet ahead of third-quarter results due next week.
Abbott Laboratories to buy Exact Sciences in $23bn deal
(Sharecast News) - Abbott Laboratories said on Thursday that it has agreed to buy cancer diagnostics firm Exact Sciences for $23bn.
AI investments will drive further equity gains in 2026, says UBS
(Sharecast News) - UBS has recommended investors to allocate up to 30% of their equity portfolios in 2026 on structural trends like AI, which are expected to fuel further market gains next year.
Shore Capital upgrades CMC Markets to 'buy', hikes estimates
(Sharecast News) - Broker Shore Capital lifted its recommendation on CMC Markets to 'buy' from 'hold' on Thursday and upped its price target to 330p from 280p after the spread betting firm lifted its outlook for full-year net operating income following a better-than-expected first half.
Everplay appoints veteran gaming exec Weider as new CEO
(Sharecast News) - Everplay Group announced the appointment of experienced gaming executive Mikkel Weider as its new chief executive officer on Thursday, with effect from 1 January, as the independent games developer and publisher looked to accelerate growth and expand its portfolio.
PayPoint slumps as it pushes out £100m EBITDA forecast
(Sharecast News) - PayPoint shares were sliding on Wednesday morning, after it reported a pressured first half as disruption in its parcels network and slower-than-anticipated growth in its obconnect open-banking unit delayed progress toward its £100m underlying EBITDA target.
Panmure Liberum lifts Rotork target price after strong Q3 update
(Sharecast News) - Panmure Liberum has raised its target price slightly for Rotork after the flow control and instrumentation group's strong third-quarter update this week, expressing confidence in the company hitting full-year targets.
Half-year earnings surge at Nationwide
(Sharecast News) - Nationwide posted a surge in half-year earnings on Thursday, despite a dip in mortgage lending, as the building society continued to benefit from its £2.9bn takeover of Virgin Money.
McBride announces £20m share buyback, shares spark
(Sharecast News) - McBride shares surged on Thursday after the private label cleaning products maker announced the launch of a £20m share buyback programme and said full-year profit was on track to meet expectations.
XPS Pensions on track as solid demand drives H1 revenues higher
(Sharecast News) - XPS Pensions posted a solid increase in half-year profits, helped by continued double-digit revenue growth and strong client demand, as it reiterated its outlook for the full year.
Lion Finance expands share buyback as Q3 profits rise
(Sharecast News) - Lion Finance Group reported higher third-quarter profits on Thursday, and confirmed a fresh dividend and expanded share buyback as the financial services group continued to benefit from strong loan growth in Georgia and Armenia.
Senior sees FY 'comfortably above' previous expectations
(Sharecast News) - Senior said on Thursday that its full-year performance was set to be "comfortably above" its previous expectations following "healthy" trading in the 10 months to October.
Berenberg upgrades Atalaya Mining to 'buy'
(Sharecast News) - Analysts at Berenberg upgraded copper miner Atalaya Mining from 'hold' to 'buy' on Thursday, admitting that they were "late to the party".
PPHE Hotel Group refinances existing loan with Aareal Bank AG
(Sharecast News) - Hospitality real estate PPHE Hotel Group has entered into an agreement to refinance its existing loan with Aareal Bank AG in relation to Park Plaza London Riverbank.
Investec confident after 'resilient' first half
(Sharecast News) - Investec reported a resilient first-half performance despite a difficult macroeconomic backdrop on Thursday, with adjusted earnings per share rising 2.5% to 40.5p as diversified income streams and continued client activity helped offset lower interest rates and weaker investment income in South Africa.
PZ Cussons lifts FY profit guidance, cites strong Africa growth
(Sharecast News) - Shares of PZ Cussons shot higher on Thursday after the Imperial Leather maker lifted its guidance for full-year adjusted operating profit, citing strong growth in Africa.
CMC Markets lifts FY net operating income outlook, shares rocket
(Sharecast News) - CMC Markets rocketed on Thursday as it lifted its outlook for full-year net operating income after a better-than-expected first half and a particularly strong performance in Australia.
Grainger keeps targets unchanged despite slight FY25 miss
(Sharecast News) - Residential real estate investment trust Grainger delivered full-year results slightly below expectations on Thursday but kept hold of its targets to grow profits over the short and medium term.
Mitie buys specialist engineer Forest for up to £7m
(Sharecast News) - Mitie said on Thursday that it has bought Forest, a specialist engineering business delivering critical refrigeration maintenance services, for up to £7m in cash, as it hailed record contract awards in the first half.
Close Brothers delivers stable Q1 performance, increases motor finance provision
(Sharecast News) - Merchant banking group Close Brothers said on Thursday that it had increased its provision for a proposed motor finance redress scheme following the FCA's October consultation, while also reporting a solid first-quarter performance from its banking division, supported by a strong net interest margin, stable credit quality, and ongoing cost discipline.
LondonMetric hails logistics expansion as first-half rental income grows
(Sharecast News) - Real estate group LondonMetric reported a double-digit increase in net rental income over the first half, as solid underlying growth was bolstered by new acquisitions, with logistics sites now making up more than half of its overall portfolio value.
Halma raises FY revenue guidance, hikes payout on strong H1 growth
(Sharecast News) - Safety equipment company Halma lifted its interim dividend and raised its full-year revenue guidance on Thursday, citing continued confidence in its growth prospects after delivering a strong first-half performance across all sectors.
Friday preview: UK retail sales, Babcock results
(Sharecast News) - Friday will see the release of the latest UK retail sales data and half-year results from defence engineer Babcock.
Breedon revenue dips on weaker demand, maintains FY EBITDA guidance
(Sharecast News) - Construction materials group Breedon said on Thursday that trading conditions remained challenging, with subdued demand in Great Britain and the US residential sector compounded by delays to key infrastructure projects in the UK and Ireland.
Dr Martens plans price rises to offset US tariffs, shares slump
(Sharecast News) - Shares in Dr Martens slumped on Thursday as the British bootmaker said it would take a multi-million pound hit from US tariffs, forcing it to raise prices in a key market.
Johnson Matthey shuffles leadership team, holds FY outlook
(Sharecast News) - Johnson Matthey on Thursday said it had reshuffled its leadership team and also held its full-year outlook despite a fall in interim earnings.
AstraZeneca receives FDA approval for expanded Koselugo usage
(Sharecast News) - The US Food and Drug Administration has approved the expanded usage of AstraZeneca's Koselugo drug to adults with neurofibromatosis type 1 (NF1) - a rare, progressive, genetic condition that can impact every organ system.
Games Workshop H1 profits rise on improved core sales
(Sharecast News) - Miniature wargames manufacturer Games Workshop said on Thursday that core revenues for the six months ending 30 November were expected to be no less than £310m at actual exchange rates, up from £269.4m a year earlier.
JD Sports warns profits will be at lower end of expectations
(Sharecast News) - JD Sports Fashion cut its full-year profits outlook on Thursday, after uncertain economic conditions weighed on trading.
Panmure Liberum reiterates 'buy' rating on pub group Young's
(Sharecast News) - Panmure Liberum reiterated its 'buy' rating on pub group Young's on Wednesday as it said that upgrade potential remains.
Larry Summers quits openAI board over Epstein links
(Sharecast News) - Former US Treasury Secretary Larry Summers on Wednesday said he would quit the board of OpenAI after the release of emails between him and serial sex offender Jeffrey Epstein.
Jupiter Fund Management appoints former Santander UK boss Bostock as chair
(Sharecast News) - Jupiter Fund Management announced on Wednesday that Nathan Bostock, the former chief executive of Santander UK, will succeed David Cruickshank as chair.
Int'l Personal Finance backs revised offer from BasePoint, extends PUSU deadline
(Sharecast News) - The board of International Personal Finance announced on Wednesday that it has given its backing to a revised proposal from BasePoint Capital, but pushed the takeover deadline to four weeks' time.
Beauty Tech sees FY profit, revenue ahead of expectations
(Sharecast News) - The Beauty Tech Group shares sparked on Wednesday after the at-home beauty technology market said full-year profit and revenue were set to beat market expectations.
Berenberg cuts Crest Nicholson price target, EPS forecasts
(Sharecast News) - Berenberg cut its price target on Crest Nicholson on Wednesday to 180p from 195p as it lowered its earnings per share forecasts by 20% on average after the housebuilder's trading statement a day earlier.
Workspace shares fall as it swings to half-year loss
(Sharecast News) - Workspace Group shares fell on Tuesday after the company reported half-year results that showed further pressure on occupancy and portfolio valuations, even as management said operational progress was being made under its new 'fix, accelerate and scale' strategy.
Thursday preview: Non-farm payrolls report, Walmart earnings in focus
(Sharecast News) - The main event on Thursday will be the release of the delayed US non-farm payrolls report for September, along with the unemployment rate and average earnings.
Smiths sees Q1 sales spark, announces £1bn share buyback
(Sharecast News) - Smiths Group reaffirmed its full-year outlook and unveiled a fresh £1bn share buyback on Wednesday, following a "strong" first quarter.
Ithaca on track to hit targets as YTD profits surge
(Sharecast News) - UK oil group Ithaca Energy has reiterated its guidance for the full year after a solid third quarter, as it announced a farm-in agreement with Shell to the Tobermory gas discovery offshore Shetland Islands.
Genus lifts FY profit outlook after 'strong' start, shares jump
(Sharecast News) - Genus shares shot higher on Wednesday after the animal genetics firm said FY26 adjusted pre-tax profit was set to be "modestly ahead" of the £80.5m midpoint of current market expectations after a strong start to the year.
HICL Infrastructure reports higher NAV, further portfolio progress
(Sharecast News) - HICL Infrastructure shares edged higher on Tuesday morning, after the company reported increased net asset value, stronger cash generation and further progress on portfolio reshaping during the first half of its financial year.
Hill & Smith backs FY expectations, appoints new chair
(Sharecast News) - Hill & Smith announced the appointment of a new chair on Wednesday as it backed its full-year expectations after strength in the US offset a weaker UK performance in the four months to the end of October.
Higher rents boost first-half profits for British Land
(Sharecast News) - Real estate group British Land delivered an 8% increase in underlying profits over the first half, supported by higher rents and strong occupancy levels across the core sectors of prime London office campuses and retail parks.
WH Smith CEO resigns after probe into US accounts, shares spark
(Sharecast News) - WH Smith shares sparked on Wednesday as chief Carl Cowling resigned on Wednesday after an independent probe found faults with the accounting treatment of its US business.
Sage profits jump on AI boom; Unveils £300m buyback
(Sharecast News) - Business software group unveiled a £300m share buyback as it posted a jump in annual profits and pinned its hopes on the evolution of artificial intelligence.
Lloyds buys digital wallet provider Curve
(Sharecast News) - Lloyds Banking Group said on Wednesday that it has bought London-based digital wallet provider Curve for an undisclosed sum.
Severn Trent CEO steps down as utility firm posts 57% profit jump
(Sharecast News) - Water group Severn Trent has announced that chief executive Liv Garfield is stepping down at the end of the year, and will be replaced by James Jesic, its capital and commercial services director and the managing director of its Welsh division.
Rotork launches £50m share buyback with trading on track
(Sharecast News) - Engineering firm Rotork on Wednesday unveiled a new £50m buyback as it reaffirmed full-year guidance.
Cloudflare outage hits dozens of websites
(Sharecast News) - Dozens of websites went down on Tuesday, including X, OpenAI and Spotify, after an outage at a widely-used network services firm.
Aeorema flags higher revenue, stronger profitability
(Sharecast News) - Aeorema Communications said in an update on Tuesday that it expects higher revenue and stronger profitability for the extended 18-month period to 31 December, supported by restructuring benefits, a healthier pipeline and growing demand across North America and EMEA.
Deutsche Bank nudges up Kingfisher price target
(Sharecast News) - Deutsche Bank nudged up its price target on B&Q and Castorama owner Kingfisher on Tuesday following a stronger-than-expected first half, with better seasonal sales in the first quarter and a robust improvement in core sales over the period.
Klarna inks $6.5bn loan deal with Elliott to fund US expansion
(Sharecast News) - Payments fintech Klarna on Tuesday said it planned to sell up to $6.5bn of loans to funds managed by ​Elliott Investment Management over a two-year period, as part of an expansion strategy in the US
Ocado says Kroger CFC closures to dent revenues, shares slide
(Sharecast News) - Ocado shares tumbled on Tuesday after it said the closure of three customer fulfilment centres in US partner Kroger's live network will reduce its FY26 revenues by around $50m (£38m).
Idox flags revenue slightly below expectations
(Sharecast News) - Idox said in an update on Tuesday that full-year revenue would come in slightly below its earlier expectations after a softer second half, though profitability and net debt were set to be broadly in line with forecasts.
Cruise travel agent Iglu in sale talks - report
(Sharecast News) - British cruise specialist Iglu has been put up for sale, it was reported on Tuesday, with a potential £100m price tag.
Havas CEO denies WPP takeover talks
(Sharecast News) - Yannick Bollore, the chief executive of French advertising and PR firm Havas has poured cold water on speculation the company is in talks to buy UK rival WPP.
Costain secures five-year extension to EDF contract
(Sharecast News) - Costain announced on Tuesday that it had secured a five-year extension to its long-running project controls contract with EDF, a deal worth £75m that would see the engineering group continue supporting operations across the French utility's eight UK nuclear power stations through to 2030.
Cicor sweetens TT Electronics bid with all-cash offer
(Sharecast News) - Shares in TT Electronics rose on Tuesday after Cicor Technologies sweetened its recommended takeover terms, introducing a new all-cash option that values the UK engineer at 150p per share and reaffirming the unanimous support of TT's board.
FirstGroup flags continued pressure despite improved earnings
(Sharecast News) - FirstGroup shares fell sharply on Monday, dropping almost 12% in early trading, after the transport group reported a rise in first-half earnings but flagged continued pressure on passenger volumes and a cash outflow linked to accelerated investment in its bus electrification programme.
UK watchdog to probe StubHub in crackdown on online selling tactics
(Sharecast News) - The competition watchdog has launched investigations into a range of companies, including StubHub and Wayfair, as part of a crackdown on online selling tactics.
Shore downgrades On The Beach to 'hold'
(Sharecast News) - Shore Capital downgraded On The Beach on Tuesday to 'buy' from 'hold' as it cited execution risks around new ventures.
Wednesday preview: Nvidia in the spotlight amid fears over AI bubble
(Sharecast News) - Although there are other companies slated to report on Wednesday, all eyes will be firmly on third-quarter earnings from US chipmaker and AI bellwether Nvidia amid growing concerns about an AI bubble.
Bodycote on track to grow profits despite 'mixed' markets
(Sharecast News) - FTSE 250 engineer Bodycote reiterated its full-year outlook on Tuesday, despite mixed end markets weighing on demand.
Softcat hails 'strong' double-digit growth in Q1
(Sharecast News) - IT infrastructure provider Softcat said on Tuesday that it traded well during the first quarter, delivering "strong" double-digit year-on-year growth in gross profit and underlying operating profit.
GPE shares fall despite higher rents, stronger leasing
(Sharecast News) - Great Portland Estates shares fell more than 4% on Tuesday morning, after the landlord reported higher rents, stronger leasing activity and an uplift in portfolio values for the first half but maintained its interim dividend and reiterated guidance.
Convatec slumps on Novo Holdings exit
(Sharecast News) - Convatec slumped on Tuesday after Novo Holdings - which had been its largest shareholder - exited its position in the medical technology firm via a placing of 155m shares.
Crest Nicholson to miss profit guidance, shares tank
(Sharecast News) - Shares in Crest Nicholson dropped by almost a tenth on Tuesday after the UK housebuilder said that full-year profits would miss previous guidance.
France's Amundi takes 10% stake in ICG
(Sharecast News) - Shares in ICG rallied in early trading on Monday, after French asset manager Amundi agreed to take a near 10% in its British rival.
Google boss says 'no-one immune' if AI bubble bursts
(Sharecast News) - No company would be immune if the artificial intelligence bubble burst, the head of Google's parent firm said on Tuesday.
LondonMetric announces £73m of acquisitions and disposals
(Sharecast News) - Real estate group LondonMetric has announced the acquisition of a £51m portfolio across the East Midlands and Manchester airports and sold £22m of existing assets that were taken over through takeovers.
CVS on track as Australian expansion continues
(Sharecast News) - Veterinary services group CVS said it has traded in line with expectations so far this financial year, with positive momentum continuing in the UK as it continues to expand in Australia.
Diploma beats guidance, reports positive start to new year
(Sharecast News) - Industrial products group Diploma delivered better-than-expected results for the fiscal year to 30 September, with organic revenues and profit margins ahead of guidance, helped by higher volumes across all three divisions.
Full-year sales, profits spark at Imperial Brands
(Sharecast News) - Imperial Brands posted an uplift in sales and earnings on Tuesday, supported by higher prices and growing demand for the tobacco group's range of next generation products.
Greencore inks deal to sell Bristol site; FY profits jump
(Sharecast News) - Greencore on Tuesday said it had struck a deal to sell its Bristol soups and sauces site to Compleat Food Group to meet regulatory conditions on its Bakkavor takeover as it also posted a jump in annual profit.
Berenberg reiterates 'buy' on Premier Foods, lifts PT after results
(Sharecast News) - Berenberg lifted its price target on Premier Foods on Monday to 280p from 270p and reiterated its 'buy' rating as it said management exhibited "strong strategic delivery" in H1 2026 that contrasts with the company's valuation de-rating over the last six months.
RBC Capital trims Wizz Air price target as it updates estimates after H1
(Sharecast News) - RBC Capital Markets nudged down its price target on Wizz Air on Monday to 1,200p from 1,250p as it updated estimates following the airline's first-half results last week.
Ashurst, Perkins Coie agree transatlantic merger
(Sharecast News) - Ashurst and Perkins Coie have agreed to merge in a deal that will create one of the world's 20 largest law firms by revenue, it was announced on Monday, bringing together 3,000 lawyers across 52 offices in 23 countries.
Heathrow to appoint former BT boss Philip Jansen as chairman - report
(Sharecast News) - Heathrow Airport will reportedly this month name Philip Jansen as its next chairman as it presses ahead with plans for a £50bn expansion.
Stelrad flags continued subdued trading
(Sharecast News) - Stelrad Group said in an update on Monday that trading conditions remained subdued in the 10 months ended 31 October, as weak renovation and new-build activity continued to weigh on volumes, although margin management and cost controls helped support profitability.
Pensana launches $11m drilling and testing programme at Longonjo
(Sharecast News) - Pensana announced an $11m drilling and metallurgical testwork programme at its Longonjo rare earths project in Angola on Monday, aiming to increase the current mineral resource estimate to more than one billion tonnes and position the deposit among the largest ever developed.
Sirius Real Estate upbeat after resilient first half
(Sharecast News) - Sirius Real Estate posted a jump in interim earnings on Monday, fuelled by strong demand for its properties and its ongoing acquisition programme.
WPP attracts takeover interest from Havas, Apollo and KKR - report
(Sharecast News) - Advertising giant WPP has reportedly attracted takeover interest from France's Havas and private equity firms Apollo and KKR ahead of its demotion from the FTSE 100.
Ninety One inflows return in H1, profits jump
(Sharecast News) - Investment manager Ninety One on Monday reported a return to first-half net inflows on the back of stronger markets, with profits up 12%.
Tuesday preview: Imperial Brands, GPE, Home Depot
(Sharecast News) - Tuesday will see the release of full-year results from Imperial Brands, Diploma and Greencore.
Senior joins Dutch consortium working on zero-emissions aircraft
(Sharecast News) - FTSE 250 international engineering and manufacturing group Senior has joined a consortium led by Dutch aerospace firm Conscious Aerospace, focused on accelerating the roll-out of next generation, sustainable aviation solutions.
Genuit warns on profits, shares slide
(Sharecast News) - Genuit Group cut its earnings guidance on Monday, sending shares in the FTSE 250 firm sharply lower, after uncertainty around the upcoming Budget and the weaker economic backdrop hit demand.
THG's Myprotein ramps up offline offering with new Mars deal
(Sharecast News) - Ecommerce group THG has announced that its Myprotein brand has agreed a new partnership with American food giant Mars to collaborate on a new range of Snickers-flavoured protein powders.
HICL Infra shares slide on TRIG merger plan
(Sharecast News) - HICL Infrastructure and The Renewables Infrastructure Group on Monday said they had agreed a merger to create the UK's largest listed infrastructure investment company with net assets of more than £5.3bn.
DCC to return up to £600m to shareholders
(Sharecast News) - DCC said on Monday that it will return up to £600m to shareholders following the £1bn sale of its healthcare unit earlier this year.
Lloyds strikes £120m deal to buy digital wallet provider Curve - report
(Sharecast News) - Lloyds Banking Group has reportedly struck a £120m deal to buy digital wallet provider Curve despite recriminations from shareholders about the distribution of the sale proceeds.
BHP found liable for Brazil dam disaster that killed 19 people
(Sharecast News) - Mining giant BHP has been found liable for the 2015 collapse of the Fundao dam in Mariana, Brazil that killed 19 people and devastated the surrounding countryside.
Redbird abandons £500m Telegraph bid
(Sharecast News) - US investment firm RedBird Capital abandoned its £500m bid to acquire the Telegraph Media Group (TMG) on Friday, ending months of uncertainty over the future ownership of the Daily and Sunday Telegraph and forcing the once-prestigious titles back into limbo.
Oil prices jump after drone strike on Russian oil depot
(Sharecast News) - Oil prices surged on Friday after a Ukrainian drone strike on a major Russian oil depot in the Black Sea raised concerns about supply.
Berenberg cuts QinetiQ price target, lowers estimates after H1 results
(Sharecast News) - Berenberg cut its price target on QinetiQ on Friday to 550p from 570p as it trimmed estimates after the company's first-half results.
Citi downgrades SSE to 'sell'
(Sharecast News) - Citi downgraded SSE on Friday to 'sell' from 'neutral' and cut the price target to 1,997p.
MJ Gleeson reports improved trading in challenging market
(Sharecast News) - MJ Gleeson said in an update on Friday that trading at its affordable homes division had improved in recent weeks, although market conditions remained challenging, as it also announced the appointment of former Bellway finance chief Keith Adey as a new independent non-executive director.
Orders rise at DFS despite Budget uncertainty
(Sharecast News) - DFS Furniture said on Friday it had seen a positive start to the year, despite uncertainty around the upcoming Budget weighing on the wider market.
PPHE Hotel's largest shareholders consider stake sale, shares surge
(Sharecast News) - The two biggest shareholders in PPHE Hotel Group confirmed on Friday that they plan to hold "a small handful" of meetings with financial investors about a range of potential options which include contributing growth capital and a potential "partial monetisation" of their stakes.
Supermarket Income REIT beefs up Carrefour portfolio with €123m acquisition
(Sharecast News) - Supermarket Income REIT has purchased 20 Carrefour supermarkets in France for €123m, nearly doubling its portfolio of sites with the French retailer.
Man Group to reduce London headcount as hiring steps up in Bulgaria
(Sharecast News) - Fund manager Man Group is reportedly planning to cut a number of jobs at its London headquarters as it expands its presence in the Bulgarian capital of Sofia.
Melrose revenues jump on robust aftermarket
(Sharecast News) - UK aerospace company Melrose Industries on Friday held annual guidance after "significantly higher" adjusted operating profit in the four months to October 31 on the back of a 14% rise in revenues, driven by engine aftermarket services.
Land Securities ups full-year guidance despite profits miss
(Sharecast News) - Commercial property group Land Securities lifted its earnings forecasts on Friday, despite weaker-than-expected interim profits, after rental income jumped.
Xtract Resources raises £2m to fund copper, antimony projects
(Sharecast News) - Xtract Resources' stock price dropped more than a tenth on Thursday after the Zambia-focused miner raised £2m through a share placing to fund the ongoing development of its Silverking copper and Amghas antimony projects.
Shore Capital places 'hold' rating on Marks Electrical after results
(Sharecast News) - Shore Capital put a 'hold' rating on Marks Electrical on Thursday, with the stock having previously been 'under review', after the online electrical retailer's first-half results.
Shawbrook enters fourth quarter with 'strong momentum'
(Sharecast News) - Shawbrook Group reported strong lending and deposit growth in the first nine months of 2025 on Thursday, and said it entered the final quarter with "strong momentum" following its return to the public markets and the completion of the ThinCats acquisition.
Home REIT in talks with Patron Capital over £123m portfolio sale
(Sharecast News) - Home REIT confirmed on Thursday that it has entered into an exclusivity agreement with Patron Capital for the disposal of the majority of its portfolio of assets.
Marks Electrical swings to H1 loss in 'challenging' market
(Sharecast News) - Online electrical retailer Marks Electrical said on Thursday that it swung to a loss in the first half as revenue fell in a challenging market.
FCA says CFD providers not providing value for money
(Sharecast News) - Britain's financial regulator said contracts for difference (CFD) providers had failed to take consumer complaints or satisfaction into account as part of fair value assessments, despite stricter standards being introduced two years ago.
Endeavour shares rise on strong third quarter performance
(Sharecast News) - Endeavour Mining reported strong third-quarter results on Thursday, saying it remained on track to meet its 2025 production and cost guidance, supported by higher grades, strong gold prices and continued improvements in free cash flow and balance sheet strength.
Rightmove facing legal claim as fee criticism mounts
(Sharecast News) - Rightmove acknowledged notice of a potential legal claim on Thursday, amid mounting criticism over the cost of its listing fees for estate agents and new reports that thousands of firms could seek up to £1bn in damages.
Flutter cuts full-year guidance despite solid third quarter
(Sharecast News) - Flutter Entertainment reported a solid third quarter on Thursday, but cut its full-year guidance after customer-friendly sports results, increased US investment and regulatory changes in India weighed on profitability.
Berenberg slashes Hilton Food price target after guidance downgrade
(Sharecast News) - Berenberg slashed its price target on Hilton Food on Thursday to 790p from 1,090p as it lowered forecasts after the company downgraded its full-year profit guidance earlier in the week.
Rio Tinto shelves Serbian lithium project
(Sharecast News) - London-listed mining giant Rio Tinto has shelved its massive Jadar lithium project in Serbia in a cost-cutting move as it focuses on other near-term opportunities.
Asos completes refinancing, shares spark
(Sharecast News) - Shares in Asos jumped on Thursday, after the fast fashion brand confirmed it had refinanced a key loan facility on better terms.
Grafton on course to deliver profit in line with forecasts
(Sharecast News) - Grafton Group said in an update on Thursday that it remains on course to deliver full-year adjusted operating profit in line with expectations after reporting an 11.5% rise in revenue for the 10 months ended 31 October, supported by acquisitions and solid underlying growth across several key markets.
Grafton on course to deliver profit in line with forecasts
(Sharecast News) - Grafton Group said in an update on Thursday that it remains on course to deliver full-year adjusted operating profit in line with expectations after reporting an 11.5% rise in revenue for the 10 months ended 31 October, supported by acquisitions and solid underlying growth across several key markets.
Galliford Try maintains momentum into new financial year
(Sharecast News) - Galliford Try said in an update on Thursday that it had maintained the strong momentum reported at its full-year results in September, with trading in the early months of the new financial year in line with the board's expectations and supported by a high level of secured revenue.
Keller on track despite macroeconomic, currency headwinds
(Sharecast News) - Keller Group said in an update on Thursday that it remains on track to deliver full-year results in line with market expectations, supported by a record order book and continued operational improvements across its divisions despite a volatile macroeconomic backdrop and currency headwinds.
QinetiQ reiterates full-year outlook despite 'tough' first half
(Sharecast News) - QinetiQ Group posted a slide in half-year earnings on Thursday, on the back of "tough" market conditions, but insisted it remained on track to meet full-year targets.
Kier reports strong start to fiscal year as order book rises
(Sharecast News) - Construction group Kier on Thursday reported a strong start to the 2025/26 fiscal year, with its order book growing to around £11.6bn, up from £11bn at the end of June, driven by recent contract wins.
Alfa Financial Software lifts full-year profit expectations
(Sharecast News) - Alfa Financial Software lifted its full-year profit expectations on Thursday, after reporting a strong third quarter marked by double-digit revenue growth, robust demand across regions and continued expansion of its subscription business.
Convatec on track amid broad-based revenue growth
(Sharecast News) - Convatec Group reported broad-based organic revenue growth for the 10 months ended 31 October on Thursday, and said it remained on track to meet its full-year targets, supported by strong uptake of new product launches across its chronic care portfolio.
The Works on track to meet FY profit expectations despite dip in H1 sales
(Sharecast News) - The Works reported a dip in first-half sales on Thursday but said it was on track to meet full-year profit guidance.
Friday preview: Landsec, Melrose, Eurozone GDP
(Sharecast News) - The corporate calendar will be quiet on Friday, as is often the case, with half-year results due from Landsec, while Melrose Industries will release a third-quarter trading update.
Premier Foods to meet FY trading profit expectations, pre-tax profit seen slightly higher
(Sharecast News) - Mr Kipling owner Premier Foods said on Thursday that it was on track to meet full-year trading profit expectations, while adjusted pre-tax profit for the year was set to be slightly higher.
Half-year revenues, profits surge at United Utilities
(Sharecast News) - United Utilities Group posted a surge in interim earnings on Thursday, boosted by higher bills, leaving the water company on course to meet its full-year financial forecasts.
Revenue growth, margins improve at Spirax
(Sharecast News) - Spirax Group reported that both organic revenue growth and adjusted operating margins for the 10 months ended 31 October were ahead of the levels achieved in the first half, despite ongoing weakness in global industrial production and softer demand for large projects.
Wizz Air shares soar despite revenue warning
(Sharecast News) - Shares in Wizz Air soared on Thursday despite a warning that full-year revenues would fall, as a forecast-busting increase in interim profits and cost cutting measures taken so far were well received by investors.
Aviva shares drop as upgraded medium-term targets underwhelm
(Sharecast News) - Shares in insurer Aviva fell sharply on Thursday, pulling back after a surge so far this year, as new medium-term profit and return targets underwhelmed investors, despite the company delivering on financial targets a year earlier than planned.
Persimmon shakes off consumer uncertainty to confirm full-year outlook
(Sharecast News) - Housebuilder Persimmon reiterated is full-year outlook on Thursday, despite "challenging" market conditions, after a jump in sales and prices.
3i reports strong returns as Action investment continues to deliver
(Sharecast News) - Private equity and infrastructure investment firm 3i Group delivered a strong investment performance over the first half to 30 September, helped by solid gains from long-term hold asset, Action.
Ibstock refinances £125m RCV at improved pricing
(Sharecast News) - Building products manufacturer Ibstock said on Thursday that it has refinanced a £125m revolving credit facility at improved pricing.
B&M interim profits slump, reshuffles leadership team
(Sharecast News) - Troubled UK discount retailer B&M on Thursday reported a slump in half-year profits and leadership team reshuffle under new chief executive Tjeerd Jegen.
Burberry returns to growth as China sales improve
(Sharecast News) - Burberry has reported an increase in quarterly comparable store sales for the first time in two years, helped by a turnaround in China, with the British luxury brand swinging to an adjusted operating profit in the first half.
Barratt Redrow CFO steps down 'by mutual agreement"
(Sharecast News) - Barratt Redrow said chief financial officer Mike Scott had stepped down with immediate effect "by mutual agreement".
Rolls-Royce confirms outlook on 'strong' trading
(Sharecast News) - Rolls-Royce reiterated its full-year guidance on Thursday, despite ongoing supply chain pressures.
ONS to cut releases on health and crime as it focuses on quality of core data
(Sharecast News) - The Office for National Statistics said on Wednesday that it was planning to cut data releases on health, crime and the regions of Britain as it looks instead to focus on core data.
Marks & Spencer appoints BA CEO to its board
(Sharecast News) - Retailer Marks & Spencer said on Wednesday that Sean Doyle, chairman and chief executive of British Airways, will join the board as a non-executive director with effect from 1 December.
Southern Water launching £600m bond sale
(Sharecast News) - Southern Water launched a bond sale of up to £600m on Wednesday, as it looked to manage its high debt levels and respond to regulatory and public pressure over environmental performance.
Jefferies hikes Games Workshop price target, shares jump
(Sharecast News) - Miniature wargames manufacturer Games Workshop surged on Wednesday after Jefferies hiked its price target on the stock to 18,300p from 11,850p and reiterated its 'buy' rating as it highlighted a "major opportunity".
Castings reports higher interim profit despite demand softness
(Sharecast News) - Castings reported a higher interim profit on Wednesday, despite softer demand in its core heavy-truck market, as efficiency gains and new production capacity offset lower revenues.
Jefferies double downgrades Hiscox to 'underperform'
(Sharecast News) - Jefferies double downgraded Hiscox to 'underperform' on Wednesday.
Gamma Communications CFO Bill Castell to step down next year, shares slump
(Sharecast News) - Gamma Communications said on Wednesday that chief financial officer Bill Castell will be leaving the company in 2026.
RBC Capital cuts Hilton Food price target, estimates after profit warning
(Sharecast News) - RBC Capital Markets slashed its price target on Hilton Food on Wednesday to 540p from 750p as the bank revised its mid-term estimates following the company's third-quarter trading update and profit warning a day earlier.
Shaftesbury Capital exec to step down
(Sharecast News) - Shaftesbury Capital said on Wednesday that executive director Michelle McGrath will step down from her role at the end of the year to pursue other opportunities.
Jet2 launches new base at Gatwick in 'transformational' move
(Sharecast News) - Jet2 is to start flying out of London's Gatwick Airport for the first time, which the airline says will open it up to a further 15m potential customers.
Avon Technologies sees profits, sales jump; shares spark
(Sharecast News) - Shares in Avon Technologies rallied on Wednesday, after the protective equipment specialist posted a surge in full-year earnings and forecast further growth.
Genel Energy production returns at Kurdistan fields
(Sharecast News) - Genel Energy said on Wednesday that production from its key Tawke and Peshkabir fields in the Kurdistan Region of Iraq had returned to around 80,000 barrels of oil per day, as it reported continued free cash flow generation in the third quarter despite discounted domestic sales prices.
Thursday preview: UK GDP, Burberry and B&M results
(Sharecast News) - Thursday will see the release of third-quarter UK GDP figures, along with first-half results from 3i, Burberry, Qinetiq, B&M European Value Retail and Premier Foods.
Experian boosts guidance on strong first half
(Sharecast News) - Data and technology specialist Experian boosted its full-year outlook on Wednesday, following a strong first half.
Fuller Smith & Turner outperforms with solid H1 growth
(Sharecast News) - Shares in Fuller Smith & Turner rose on Wednesday after the pubs group said adjusted earnings jumped by more than a quarter over the six months to 27 September, while bookings for Christmas are well ahead of last year.
BAE holds guidance on strong order book
(Sharecast News) - UK weapons maker BAE cautioned that delays to contract funding and payment timings could occur if the US government shutdown persisted but remained confident of growth as countries ramped up defence spending.
Marshalls backs FY profit expectations as it hails 'resilient' performance
(Sharecast News) - Marshalls backed its full-year expectations on Wednesday as it hailed a 'resilient' performance in the nine months to 10 October.
Regional REIT on track to reach upper end of disposal target
(Sharecast News) - Regional REIT said in an update on Wednesday that it remained on track to reach the upper end of its £40m to £50m disposal target for 2025, after completing £17.1m of property sales in the third quarter at prices slightly above book value.
Budget uncertainty, affordability pressures hit sales at Taylor Wimpey
(Sharecast News) - Housebuilder Taylor Wimpey said it still expects full-year results to be in line with guidance despite experiencing "softer market conditions" so far in the second half.
SSE to bolster electricity networks in £33bn investment plan
(Sharecast News) - SSE is to spend billions on the UK's electricity network, the FTSE 100 firm announced on Wednesday, as it unveiled a "transformational" five-year investment plan alongside interim results.
Team Internet launches strategic review after 'number' of approaches
(Sharecast News) - Team Internet Group announced the launch of a strategic review on Tuesday, aimed at realising the value of its portfolio, following a series of inbound approaches and what it described as a disconnect between its market valuation and the intrinsic worth of its businesses.
WPP jumps on Betaville takeover speculation
(Sharecast News) - Shares in WPP surged on Tuesday after markets blog Betaville suggested the advertising firm was the subject of a renewed round of takeover rumours.
Shell challenges Venture Global arbitration ruling in NY Supreme Court - report
(Sharecast News) - Shell has challenged its defeat in an arbitration case against US liquefied natural gas producer Venture Global in the New York Supreme Court weeks after rival BP won a similar $1bn-plus arbitration, the Reuters news agency reported on Tuesday.
Rank Group appoints John H. Ott as chair
(Sharecast News) - Rank Group said on Tuesday that it has appointed John H. Ott as chair with effect from 17 November.
FDM set to end year as expected amid client slowdown
(Sharecast News) - FDM Group said in an update on Tuesday that it expects its financial performance for 2025 to be in line with expectations, despite ongoing economic and geopolitical uncertainty that continues to weigh on client confidence and hiring decisions.
Headlam taking action to return to profitability
(Sharecast News) - Floor coverings distributor Headlam said on Tuesday that it is taking action to eliminate loss-making revenues and consolidate operations, but doesn't expect to return to profitability until 2027.
Citi reiterates 'buy' rating on LSEG after 'innovation forum' event
(Sharecast News) - Citi reiterated its 'buy' rating on London Stock Exchange Group on Tuesday following the company's 'innovation forum' event a day earlier, during which it provided details on newly-developed products across all divisions.
Deutsche Bank downgrades Ashmore to 'sell'
(Sharecast News) - Deutsche Bank downgraded shares of asset manager Ashmore on Tuesday to 'sell' from 'hold' and cut the price target to 130p from 140p.
Princes Group reports sharp rise in profitability
(Sharecast News) - Princes Group reported a sharp rise in profitability for the nine months ended 30 September on Tuesday, as margin expansion, efficiency gains and synergy delivery offset deflationary pressures on revenue.
Dowlais flags top-end performance as US tariff concerns ease
(Sharecast News) - Dowlais Group said in an update on Tuesday that it expects its full-year performance to come in towards the top end of prior guidance after strong operational execution and continued cost discipline helped offset market volatility and tariff headwinds.
Jefferies downgrades Croda to 'hold', shares slump
(Sharecast News) - Jefferies downgraded Croda on Tuesday to 'hold' from 'buy' and cut the price target to 3,000p from 3,100p.
Nichols appoints THG exec as new CFO
(Sharecast News) - Vimto, Sunkist and SLUSH PUPPiE maker Nichols has snapped up THG's deputy chief financial officer to lead the finance function of the soft drinks group.
Wednesday preview: Experian results, Taylor Wimpey trading update
(Sharecast News) - On Wednesday, investors will eye first-half results from Experian, Fuller, Smith & Turner and Motorpoint, and a trading update from housebuilder Taylor Wimpey.
4imprint lifts full-year outlook after 'resilient' performance
(Sharecast News) - 4imprint surged on Tuesday as it upgraded its full-year outlook after a "resilient" performance in the 10 months to the end of October.
Vesuvius trading in line despite some foundry 'inefficiencies'
(Sharecast News) - Vesuvius said in an update on Tuesday that it expected full-year trading profit to be broadly in line with previous guidance, as price increases and structural cost savings helped offset a subdued steel market and temporary inefficiencies in its Foundry division.
European city breaks drive Heathrow passenger numbers to new high
(Sharecast News) - Strong demand for air travel over the October half-term break pushed Heathrow's passenger numbers to another record high last month, helped by a surge in traffic to European cities.
Hilton Food downgrades FY profit guidance, shares tumble
(Sharecast News) - Hilton Food tumbled on Tuesday as it downgraded its full-year profit guidance and struck a downbeat tone on the outlook for trading in 2026, citing operational disruption and subdued demand.
Oxford Instruments sees interim profits slide, flags stronger second half
(Sharecast News) - Oxford Instruments posted a sharp slide in first-half sales and profits on Tuesday, after tough market conditions in the US weighed heavily, but struck an upbeat note on the outlook.
Fund offloads 3.9% stake in Helios Towers via secondary placing
(Sharecast News) - Helios Towers on Tuesday said Helios Investment Partners Fund II had sold its entire shareholding in the telecoms firm via a secondary placing.
Informa reaffirms outlook on 'strong' trading
(Sharecast News) - Publishing and events specialist Informa reiterated its full-year outlook on Tuesday, on the back of ongoing strong trading.
Luceco flags profitability at 'upper end' of expectations
(Sharecast News) - Luceco said in an update on Tuesday that its full-year profitability was now expected to be towards the upper end of market expectations, after the electrical products manufacturer delivered double-digit revenue growth in the third quarter, led by continued momentum in its electric vehicle (EV) charging business.
Vodafone ups outlook as Germany returns to growth, shares spark
(Sharecast News) - Vodafone on Tuesday pledged to increase its dividend for the first time since 2019 and lifted its earnings outlook as its German operation returned to top line growth in the second quarter of the year.
DCC on track to grow profits after Q2 improvement
(Sharecast News) - Irish energy sales, marketing and distribution group DCC has confirmed full-year guidance for "good operating profit growth" after a swing to profitability in the second quarter.
Helios Towers to participate in placing as Helios Investment Partners looks to offload stake
(Sharecast News) - Helios Towers said on Monday that it plans to participate in a secondary share placing by Helios Investment Partners Fund II, after the latter said it was looking to sell its entire shareholding in the telecoms firm.
British Gas to take on 23,000 customers from collapsed Tomato Energy
(Sharecast News) - Ofgem said on Monday that British Gas will take on 15,000 domestic and 8,000 non-domestic customers from collapsed Tomato Energy.
EnQuest secures $800m debt refinancing
(Sharecast News) - EnQuest confirmed it had secured new loan facilities totalling $800m on Monday, sending shares in the North Sea operator higher.
JPMorgan reiterates 'overweight' on IAG despite Q3 miss
(Sharecast News) - JPMorgan reiterated its 'overweight' rating on IAG on Monday despite the BA and Iberia owner's weaker-than-expected third-quarter results last week.
Carlyle takes control of UK retailer Very
(Sharecast News) - Online department store The Very Group has been taken over by US buyout giant Carlyle Group, it was announced on Monday, bringing the Barclay family's ownership to an end after more than two decades.
ECO Animal Health shares surge on poultry drug milestone
(Sharecast News) - The share price of ECO Animal Health surged on Monday after European regulators recommended marketing authorisation for its poultry vaccine ECOVAXXIN MS.
Healthy demand fuels profits at Applied Nutrition
(Sharecast News) - Applied Nutrition posted a jump in sales and profits on Monday, boosted by strong demand for its diet supplements.
RBC Capital upgrades Rightmove, says share price slump was an 'over-reaction'
(Sharecast News) - RBC Capital Markets upgraded Rightmove on Monday to 'outperform' from 'sector perform' but cut the price target to 775p from 805p after the shares fell sharply on Friday as it warned that increased investment in technology and AI would weigh on profits.
Ferrexpo suspends mining operations after Ukraine power supply attacks
(Sharecast News) - Ferrexpo announced the suspension of operations at its Ukrainian mining subsidiaries on Monday, after missile strikes on the country's energy infrastructure cut power supplies to its production sites.
Kingspan shares spark after upbeat trading update
(Sharecast News) - Shares in Kingspan surged on Monday after the Ireland-based building materials company reported an 8% rise in sales for to €6.8bn the first nine months driven by its Advnsys unit.
Tuesday preview: UK labour market data, Vodafone results
(Sharecast News) - The main focus on Tuesday will be the latest UK jobs data for October and half-year results from Vodafone.
Deadline extended in Blackstone-Big Yellow takeover talks
(Sharecast News) - A key deadline in takeover talks between Big Yellow Group and Blackstone has been extended, the self-storage operator confirmed on Monday.
RHI Magnesita reports marked improvement in profitability
(Sharecast News) - RHI Magnesita reported a marked improvement in profitability over the four months to 31 October on Monday, in line with full-year guidance, as cost-cutting measures and integration benefits from recent acquisitions offset continued weakness in steel demand.
MP Evans shares jump as strong pricing lifts full-year outlook
(Sharecast News) - Shares in MP Evans rose strongly on Monday after the Indonesian palm oil producer said it expects full-year results to be higher than previously expected due to strong pricing over the second half.
Panmure Liberum ups Rightmove to 'buy', says enough caution is priced in
(Sharecast News) - Panmure Liberum upgraded Rightmove on Monday to 'buy' from 'hold' after shares in the property portal tumbled at the end of last week as it warned that increased investment in technology and artificial intelligence would weigh on profits.
Chemring sees FY operating profit in line with views after 'significant' contract wins
(Sharecast News) - Chemring said on Monday that full-year operating profit was set to be in line with analyst expectations following further "significant" contract wins in the second half.
SSE mulls fundraising options - report
(Sharecast News) - Power generator and network operator SSE is reportedly mulling various funding options, as it looks to bolster its balance sheet and fund grid spending.
Kainos raises divi, launches buyback despite slump in H1 profits
(Sharecast News) - IT services provider Kainos has raised its interim dividend and announced a new share buyback programme despite a double-digit decline in first-half profits due to increased investment and higher labour costs.
Hays CEO to take medical leave after surgery
(Sharecast News) - Hays chief executive Dirk Hahn is on medical leave after recent surgery and expected to return later in the year, the recruitment company said on Monday, adding that his recovery was progressing "positively".
Great Portland Estates gets green light for Whittington House works
(Sharecast News) - Great Portland Estates has announced that its refurbishment project at Whittington House in the West End has secured planning permission from Camden Council.
Supermarket Income REIT completes £40.9m of new acquisitions
(Sharecast News) - Supermarket Income REIT announced the completion of £40.9m of new earnings- and lease length-accretive acquisitions on Monday, marking further progress in redeploying proceeds from its April joint venture with Blue Owl Capital.
SSP chair Clasper steps down after five years
(Sharecast News) - Airport hospitality group SPP has announced the retirement of its chair Mike Clasper after five and a half years at the helm.
JTC agrees £2.3bn takeover by Permira
(Sharecast News) - Global fund administration platform JTC on Monday said it had agreed a £2.3bn takeover by private equity firm Permira, beating interest from rival Warburg Pincus.
Diageo names former Tesco boss Dave Lewis chief executive
(Sharecast News) - Former Tesco boss Dave Lewis is to take over as chief executive of Diageo, the drinks giant confirmed on Monday, sending shares in the Guinness owner sharply higher.
JTC extends Warburg Pincus, Permira deadline
(Sharecast News) - Fund solutions provider JTC said on Friday that the deadline for takeover talks with Permira and Warburg Pincus has been extended.
Tissue Regenix urgently seeking cash after uncovering creditor 'backlog'
(Sharecast News) - Tissue Regenix warned on Friday that it urgently needs to raise fresh capital to remain in business, after uncovering a significant creditor backlog and limited cash reserves.
Oxford Nanopore shares jump on guidance upgrade
(Sharecast News) - Shares in Oxford Nanopore Technologies jumped on Friday after the company revealed that annual revenue growth would be at the top end of forecasts.
Shore Capital upgrades Paragon Banking to 'buy', says selloff is overdone
(Sharecast News) - Shore Capital upgraded Paragon Banking on Friday to 'buy' from 'hold and lifted the fair value to 1,000p from 975p as it said the recent selloff was overdone.
Interim results underwhelm at Record, shares fall
(Sharecast News) - Shares in Record came under pressure on Friday, after interim results from the specialist currency and asset manager disappointed.
Berenberg cuts Hikma price target after update, maintains 'buy'
(Sharecast News) - Berenberg cut its price target on Hikma Pharmaceuticals on Friday to 2,300p from 2,510p following the company's trading update a day earlier, in which it downgraded medium-term guidance for the injectables unit.
Scottish Mortgage Investment Trust upbeat on strong first half
(Sharecast News) - Scottish Mortgage Investment Trust reported a strong first half on Friday, with net asset value per share surging 22.9% in the six months to 30 September, outpacing the FTSE All-World Index's 15.4% gain.
RBC Capital downgrades Sabre Insurance to 'sector perform'
(Sharecast News) - RBC Capital Markets downgraded Sabre Insurance on Friday to 'sector perform' from 'outperform' and cut the price target to 135p from 170p as it said it was "waiting for delivery".
Wizz Air adjusts timing, mix of Airbus order to support capacity targets
(Sharecast News) - Budget airline Wizz Air announced on Friday that it has deferred the deliveries of 88 Airbus aircraft by three years in an effort to bolster profitability and support its targets for capacity.
Vodafone to build satellite ops centre in Germany with partner
(Sharecast News) - Vodafone announced on Friday that, alongside AST SpaceMobile, it has selected Germany as the location for the European Satellite Operations Centre, marking a major step in their plans to build a sovereign EU satellite broadband network.
ME Group shares drop as sales growth underwhelms
(Sharecast News) - ME Group's share price tanked on Friday after the vending machine and self-service launderette company reported a softening in demand for laundry services in the second half, while photobooth sales were lower than last year.
Greencore's Bakkavor takeover clears CMA hurdle
(Sharecast News) - Convenience food producer Greencore on Friday said Britain's competition regulator has accepted in principle its proposed remedy to secure approval for its acquisition of rival Bakkavor.
ITV shares surge on talks with Sky on £1.6bn sale of broadcast arm
(Sharecast News) - ITV on Friday confirmed it was in preliminary discussions regarding a possible sale of its broadcasting business to Comcast-owned Sky for an enterprise value of £1.6bn, sending shares in the company surging by a fifth.
Rightmove warns investment in AI will hit profits, shares plunge
(Sharecast News) - Shares in Rightmove plunged on Friday, after the property portal warned that increased investment in technology and artificial intelligence would weigh on profits.
BA owner IAG tanks as Q3 operating profit, revenue miss expectations
(Sharecast News) - British Airways and Iberia owner IAG tanked on Friday as it posted weaker-than-expected third-quarter operating profit and revenues and highlighted "some softness" in the North American market.
Coats Group reiterates outlook despite 'subdued' market
(Sharecast News) - Industrial thread specialist Coats Group reiterated its full-year guidance on Friday, despite difficult market conditions.
GreenRoc reports progress with Denmark graphite pilot plant
(Sharecast News) - GreenRoc Strategic Materials said in an update on Thursday that it had taken major steps toward establishing its graphite pilot processing plant in Denmark, with the signing of a purchase agreement for a line of graphite mills from China and a rental agreement for a site near Copenhagen.
RBC Capital Markets nudges up target price on Lancashire Holdings
(Sharecast News) - Over at Canaccord Genuity, analysts hiked their target price on insurance firm Lancashire Holdings from 600p to 625p on Thursday following the company's "good" third-quarter earnings.
Seeing Machines to scale up China production
(Sharecast News) - Seeing Machines said in an update on Thursday that its driver and occupant monitoring technology was set to scale up production in China, following the success of its collaboration with automotive supplier Magna and a leading German car manufacturer, marking its largest automotive programme to date.
IAG to equip planes with Starlink Wi-Fi from next year
(Sharecast News) - International Airlines Group (IAG) has struck a deal to equip its aircraft with high speed wi-fi supplied by Starlink, with the service expected to start on long and short-haul routes next year.
LSEG strikes partnership with Nasdaq
(Sharecast News) - LSEG has struck a strategic partnership with America's Nasdaq, the owner of the London Stock Exchange confirmed on Thursday.
Accounting firm BDO fined £6.5m for audit misconduct
(Sharecast News) - The Financial Reporting Council has fined accounting firm BDO and two former audit engagement partners a total of £6.8m after admitting to misconduct relating to historic audits.
Tate & Lyle talks up CP Kelco synergies after weaker first half
(Sharecast News) - Tate & Lyle reported weaker first-half results as softer market demand, particularly in North America, weighed on sales and earnings, but its shares were rising as it reported strong progress integrating CP Kelco and accelerating actions to drive growth and efficiency across the enlarged group.
Molten Ventures sells £23m stake in Revolut
(Sharecast News) - Molten Ventures on Thursday said it had sold another £23m stake in financial technology company Revolut.
OSB loan book grows in line with forecasts
(Sharecast News) - Private banking company OSB Group said on Thursday that its net loan book had grown in line with expectations over the first nine months of the year, supported by a 19% rise in originations to £3.4bn.
Chancellor set to rule out tax hikes on banks - report
(Sharecast News) - UK bank shares rallied on Thursday, on reports chancellor Rachel Reeves was minded to rule out increasing taxes on the sector.
CRH shares fall despite another record quarter
(Sharecast News) - Shares in CRH fell more than 3.5% on Thursday morning, despite the building materials group reporting another record quarter and lifting its full-year earnings guidance, as investors took profits following a strong year-to-date rally.
Helios Towers surges as it tightens FY guidance, launches $75m share buyback
(Sharecast News) - Infrastructure firm Helios Towers surged on Thursday as it tightened its full-year guidance upwards and announced the next phase of its strategy, which includes the launch of a $75m share buyback.
Hiscox premiums grow YTD, confirms retail growth outlook
(Sharecast News) - Insurance firm Hiscox said on Thursday that insurance contract written premiums had grown in the nine months ended 30 September, as it continued to experience growth across its business segments.
Workspace inks 20-year lease, investment deal with Qube
(Sharecast News) - Workspace Group announced on Wednesday that it has signed a 20-year lease agreement with specialist flexible workspace operator Qube for 32,000 square feet at The Old Dairy in Shoreditch, as part of a new strategic partnership aimed at capturing demand from London's fast-growing creative and content industries.
Derwent reports strong momentum, positive leasing trends
(Sharecast News) - Derwent London reported strong operational momentum and positive leasing trends across its portfolio in an update on Thursday, supported by firm demand for high-quality office space in the capital.
TBC Bank to miss full-year profit targets, but outlook still strong
(Sharecast News) - Shares in TBC Bank tanked on Thursday after the Georgia and Uzbekistan-focused banking group said it expects profits to be slightly below targets this year.
AstraZeneca beats Q3 expectations, maintains FY outlook
(Sharecast News) - Drugmaker AstraZeneca reiterated its full-year guidance on Thursday as it posted a third-quarter earnings beat, driven by solid sales of its cancer, heart and kidney disease drugs.
Watches of Switzerland hails strong US performance as H1 revenue rises
(Sharecast News) - Watches of Switzerland rallied on Thursday as it reported a jump in first-half revenue, hailing a particularly strong performance in the US.
National Grid maintains guidance as half-year profits rise
(Sharecast News) - National Grid reported higher half-year profits and record investment spending on Thursday, as it continued to execute a £60bn five-year infrastructure plan spanning its UK and US energy networks.
Metlen on track for FY as turnover rises
(Sharecast News) - New FTSE 100 member Metlen Energy & Metals said it was on track to meet its full-year earnings target after reporting a rise in turnover for the first nine months of the year.
Friday preview: Third-quarter results due from BA owner IAG
(Sharecast News) - On Friday, investors will eye the latest Halifax house price data, along with German trade figures and third-quarter results from British Airways and Iberia owner IAG.
Harbour Energy narrows production guidance upwards after solid Q3
(Sharecast News) - Harbour Energy raised its full-year production guidance and reaffirmed its $1bn free cash flow target on Wednesday, after reporting a sharp rise in output and continued cost discipline for the first nine months of 2025.
Howden Joinery on track to meet FY profit expectations as sales rise
(Sharecast News) - Trade kitchen supplier Howden Joinery said on Thursday that it was on track to meet full-year profit expectations as it reported a rise in first-half sales despite a challenging market.
Auto Trader delivers confident outlook as first-half sales, profits rise
(Sharecast News) - Shares in Auto Trader gained on Thursday after the automotive marketplace platform reported an increase in first-half revenues, and painted an upbeat picture of the new and used car markets.
IMI posts double-digit Q3 growth, lifts free cash flow guidance
(Sharecast News) - Engineering company IMI said on Thursday that it had delivered an "excellent third quarter performance", with the group now on track to deliver its fourth consecutive year of mid-single digit organic revenue growth.
ITV backs full-year expectations amid 'uncertain' UK outlook
(Sharecast News) - Broadcaster ITV but backed its expectations for the year on Thursday but said total advertising revenue was set to drop 9% in the fourth quarter amid an "uncertain" UK outlook.
Interim profits slide at Wise as expenses mount
(Sharecast News) - Wise posted a slide in half-year profits on Thursday, despite a spike in revenues, after the payments specialist ramped up investment.
Vistry holds guidance as affordable homes demand picks up
(Sharecast News) - UK housebuilder Vistry held full-year earnings expectations and said there were signs of a pickup in demand for affordable housing driven by the government's £39bn programme to increase the amount of stock.
Hikma trims medium-term injectables outlook, narrows profit guidance
(Sharecast News) - Drugmaker Hikma Pharmaceuticals lowered its medium-term margin expectations for its injectables division on Thursday, as part of its third-quarter trading update.
Diageo cuts full-year sales and profit forecast
(Sharecast News) - Drinks maker Diageo cut its full-year sales and profit forecasts on Thursday amid weakness in Chinese white spirts and a slowdown in demand in North America.
BT Group misses revenue forecasts, reports worse-than-expected broadband losses
(Sharecast News) - Telecoms group BT revealed it lost 242,000 broadband customers during the second quarter as it reported a bigger-than-expected decline in revenues over the first half.
Smith & Nephew Q3 revenues grow, raises FCF guidance
(Sharecast News) - Medical equipment manufacturer Smith & Nephew raised its full-year free cash flow guidance on Thursday as it revealed third quarter revenues had grown.
Berenberg starts Applied Nutrition at 'buy'
(Sharecast News) - Analysts at Berenberg initiated coverage on sports nutrition business Applied Nutrition with a 'buy' rating and 215p target price on Thursday, stating the firm was "primed for growth".
Convatec finalises leadership reshuffle
(Sharecast News) - Medical products and technologies group Convatec revealed on Thursday that Jonny Mason had been appointed chief executive officer and Fiona Ryder chief financial officer, both with immediate effect.
RS Group on track after solid first half as LFL sales return to growth
(Sharecast News) - RS Group has said it expects to hit full-year targets after performing as expected in the first half ended 30 September, with both revenues and adjusted profits slipping on the back of continued weak market conditions.
Sainsbury's shares spark after profit upgrade, buybacks
(Sharecast News) - UK retailer Sainsbury's on Thursday lifted full-year profit guidance and increased shareholder payouts after interim earnings and sales beat expectations, sending shares in the chain more than 6% higher.
Water Intelligence reports strong third-quarter results
(Sharecast News) - Water Intelligence reported strong third-quarter results on Wednesday, with double-digit revenue and profit growth as operational efficiencies and its 'Dallas Template' restructuring continued to boost margins and accelerate earnings momentum.
Berenberg upgrades Segro to 'buy' as it takes a look at UK real estate
(Sharecast News) - Berenberg highlighted a number of ratings changes and key picks on Wednesday as it took a look at the UK real estate sector.
Shore Capital shrugs off recent stock slump at JD Sports
(Sharecast News) - Shore Capital has highlighted a "buying opportunity" for investors of JD Sports Fashion following the sharp contraction in the share price over the past week.
Redcentric flags solid first-half trading
(Sharecast News) - Redcentric reported solid first-half trading in line with expectations on Wednesday, as the UK IT managed services provider focused on higher-margin business and cost discipline ahead of completing the sale of its data centre division.
Ofwat blocks water bosses receiving £4m in bonuses
(Sharecast News) - Water company bosses have been blocked from receiving more than £4m in bonus payments by the regulator, it was announced on Wednesday.
M&G maintains momentum through third quarter
(Sharecast News) - M&G reported continued business momentum in the third quarter of 2025 on Wednesday, with total assets under management and administration rising 3% to £365bn and strong inflows across both Asset Management and Life operations.
Headlam says full-year performance to miss expectations, shares drop
(Sharecast News) - Floor coverings distributor Headlam warned on Wednesday that its full-year performance was set to miss expectations as revenues have continued to decline.
Coca-Cola Europacific posts 'solid' Q3 despite soft markets
(Sharecast News) - Coca-Cola Europacific Partners (CCEP) reported what it called a "solid" third quarter with a small rise in volumes and revenue despite a softer global market.
Ceres Power inks manufacturing licence agreement with China's Weichai Power
(Sharecast News) - Clean energy technology developer Ceres Power said on Wednesday that it has signed a manufacturing licence agreement for the production of its proprietary solid oxide fuel cell technology with Weichai Power, a global original equipment manufacturer and power systems developer headquartered in Shandong, China.
Berenberg hikes target price on BP following Q3 results
(Sharecast News) - Analysts at Berenberg hiked their target price on oil and gas giant BP from 490p to 525p on Wednesday after the group reported "another strong set of results" for its third quarter, driven by good operational performance, rising production volumes and steady progress on cost-reduction programmes.
TP Icap confirms full-year outlook
(Sharecast News) - TP Icap Group reiterated its full-year guidance on Wednesday, after favourable market conditions helped boost third-quarter revenues at the broker.
Vanquis posts Q3 profit as credit card growth offsets margin pressure
(Sharecast News) - Sub-prime lender Vanquis said on Wednesday that both gross customer interest earning balances and net receivables had grown in the three months ended 30 September.
Thursday preview: BoE announcement, Sainsbury's results eyed
(Sharecast News) - The highlight of Thursday's session will be the latest policy announcement from the Bank of England, with half-year results from supermarket chain Sainsbury's also in focus.
Conduit reports steady underwriting growth, strong returns
(Sharecast News) - Conduit Holdings reported a solid third-quarter performance on Wednesday, with steady underwriting growth and strong investment returns, as the Bermuda-based reinsurer continued to reposition its portfolio for more consistent profitability.
JD Wetherspoon total sales grow 4.2pc YTD
(Sharecast News) - Pub chain JD Wetherspoon said on Wednesday that both like-for-like and total sales had grown in the first 14 weeks of the financial year as it outperformed the CGA RSM Hospitality Business Tracker for a 37th consecutive month.
JD Wetherspoon total sales grow 4.2pc YTD
(Sharecast News) - Pub chain JD Wetherspoon said on Wednesday that both like-for-like and total sales had grown in the first 14 weeks of the financial year as it outperformed the CGA RSM Hospitality Business Tracker for a 37th consecutive month.
Metro Bank shares jump on profit lift and guidance hold
(Sharecast News) - Shares in Metro Bank jumped on Wednesday as the high street lender reaffirmed annual targets and said net interest margin had come in within full-year guidance.
Drax signs new dispatchable power deal with UK government
(Sharecast News) - Electricity company Drax has signed a new agreement with the government for the supply of dispatchable power from Drax Power Station for four more years post 2027.
Trainline raises FY guidance, Barratt Redrow urges Westminster to take action as housing demand dips
(Sharecast News) - LONDON PRE-OPEN The FTSE 100 was expected to open 22.8 points lower on Wednesday after wrapping up the previous session 0.14% firmer at 9,714.96.
Trainline lifts earnings guidance as interim profits jump, shares spark
(Sharecast News) - Online rail ticketing platform Trainline lifted earning and sales targets after reporting a 14% jump in half-year profits, sending shares in the firm 5% higher in London trade.
Lancashire unveils special divi after solid third quarter
(Sharecast News) - Lancashire's share price rose strongly on Wednesday after third-quarter results from the Bermuda-based insurance company pleased investors, with premiums on the rise as it announced a special dividend worth $182m.
M&S interim profits drop 55% as it takes £136m hit from cyber attack
(Sharecast News) - Marks & Spencer posted a 55.4% drop in first-half adjusted pre-tax profit on Wednesday as it took a hit from a recent cyber attack.
Barratt Redrow urges government to act as Budget uncertainty slows sales
(Sharecast News) - Housebuilder Barratt Redrow has called on the government to take action to support demand ahead of the Autumn Budget later this month, following a slight slowdown in trading momentum since the start of the new financial year.
Weir reiterates FY guidance following strong Q3 performance
(Sharecast News) - Engineering firm Weir Group reiterated its full-year guidance on Wednesday despite "elevated levels of uncertainty" related to critical metals disputes and further tariffs between the US and China.
Pfizer lifts full-year earnings guidance
(Sharecast News) - Pharmaceutical firm Pfizer lifted its full-year profit guidance on Tuesday as it posted better-than-expected third-quarter earnings.
Shore Capital downgrades Next to 'hold', pauses for breath
(Sharecast News) - Shore Capital downgraded clothing and homeware retailer Next on Tuesday to 'hold' from 'buy' as it said it was a premium company, but at a premium valuation.
Berenberg reiterates 'sell' rating on Rentokil despite US growth beat
(Sharecast News) - Analysts at Berenberg nudged up their target price on 'sell'-rated Rentokil from 284p to 300p on Tuesday, but still warned that underinvestment was threatening mid-term growth.
Canaccord Genuity hikes target price on Atalaya Mining
(Sharecast News) - Analysts at Canaccord Genuity hiked their target price on copper mining firm Atalaya Mining from 580p to 830p on Tuesday as it aligned its methodology with its broader base metals coverage.
Smiths News beats forecasts as collectables growth offsets newspaper weakness
(Sharecast News) - Shares in Smiths News rose on Tuesday after the newspaper and magazine distributor beat profit and cash estimates with its results for the 12 months to 30 August, driven by a strong performance in its collectables business.
Diversified Energy boosts full-year outlook, shares surge
(Sharecast News) - Shares in Diversified Energy moved sharply higher on Tuesday, after the gas producer boosted full-year guidance following a strong third quarter.
Wednesday preview: Marks & Spencer, Trainline in focus
(Sharecast News) - First-half results are due from Marks & Spencer, along with half-year results from Trainline, third-quarter numbers from Metro Bank and trading updates from housebuilder Barratt Redrow, JD Wetherspoon, Lancashire Holdings and TP Icap.
Wizz Air passenger numbers up double digits in October
(Sharecast News) - Budget carrier Wizz Air said on Tuesday that passenger numbers had grown by double-digit percentages in October as it continued to refocus its network towards its core Central and Eastern Europe markets.
IWG shares dip despite solid Q3 growth, upbeat outlook
(Sharecast News) - Shares in hybrid workspace operator IWG traded lower early on Tuesday despite reporting a 4% rise in system-wide revenue to $1.1bn for the third quarter, as investors weighed a rise in net financial debt and the impact of accelerated share buybacks.
Ryanair October traffic jumps 5%, load factor steady
(Sharecast News) - Budget airline Ryanair reported a 5% jump in passenger numbers for October on Tuesday.
BP beats forecasts in third-quarter profits
(Sharecast News) - Oil titan BP has beaten market forecasts with its third-quarter earnings and said it has made progress on cost-cutting and strengthening its balance sheet, while full-year divestment proceeds are now expected to be higher than previously expected.
AB Foods mulls split of Primark, food businesses
(Sharecast News) - Associated British Foods is mulling a split of its Primark and food businesses under a review of its group structure currently underway, the company said on Tuesday.
Domino's Q3 order count slips amid softer quick-service market
(Sharecast News) - UK-based master franchise Domino's Pizza Group said total orders had slipped year-on-year during the three months ended 28 September as a result of a weaker quick-service restaurant market due to customers' lower discretionary income.
Amazon announces $38bn multi-year partnership with OpenAI, shares spark
(Sharecast News) - Amazon shares shot higher on Monday after it announced a multi-year strategic partnership that provides Amazon Web Services' infrastructure to run and scale OpenAI's core artificial intelligence (AI) workloads.
UBS highlights three potential risks as it downgrades Vodafone to 'sell'
(Sharecast News) - Vodafone slid on Monday after UBS downgraded the shares to 'sell' from 'neutral' saying it sees three potential risks.
Convatec shares slide as US govt cuts skin repair product payments
(Sharecast News) - Shares in Convatec fell sharply on Monday after the company said revenues would be hit by up to 2% as a result of US government changes in payments for skin substitutes.
Berenberg ups Shell target price after strong Q3 results
(Sharecast News) - Berenberg has raised its target price for Shell following the oil major's strong third-quarter results last week, hailing the company's "attractive" free cash flow and balance sheet strength.
Tuesday preview: BP third-quarter results, RBA rate announcement due
(Sharecast News) - Tuesday will see the release of third-quarter results from oil giant BP and full-year numbers from Primark owner Associated British Foods.
Critical Metals shares suspended on annual results delay
(Sharecast News) - Shares in Critical Metals were suspended on Monday after the metals investment company faced delays in publishing its annual results.
Citi downgrades Pennon to 'neutral'
(Sharecast News) - Citi downgraded Pennon on Monday to 'neutral' from 'buy' but lifted the price target to 542p from 539p.
Genel Energy chair steps down after five years
(Sharecast News) - Genel Energy's chairman David McManus has decided to step down from the board with immediate effect due to ill health, the oil producer announced on Monday.
BP sells stakes in US onshore assets for $1.5bn
(Sharecast News) - BP has sold its non-controlling interests in the Permian and Eagle Ford midstream of its US onshore oil and gas division for $1.5bn to funds managed by investment firm Sixth Street.
Capita secures key contract extension with Samsung Electronics UK
(Sharecast News) - Capita said on Monday that its contact centre business has secured a key contract extension with Samsung Electronics UK.
RBC backs Dunelm for growth, downgrades Frasers after share price rally
(Sharecast News) - Analysts at RBC Capital Markets upgraded home furnishings retailer Dunelm from 'sector perform' to 'outperform' on Monday, stating the stock was "measuring up well".
Ryanair H1 profits up 42pc on record traffic, higher fares
(Sharecast News) - Budget airline Ryanair said on Monday that interim profits had grown 42%, driven by record traffic growth and rising fares.
Dubai-based Dar Global says developments now valued at $19bn
(Sharecast News) - London-listed luxury real estate group Dar Global has announced that its gross development value has topped $19bn, helped by its continued expansion in Saudi Arabia.
UK energy firms raking in £30bn a year, Unite research finds
(Sharecast News) - Energy providers across the UK made £30bn in profits before tax in 2024, according to a new report by the Unite trade union on Monday, with households paying £500 a year on average for company profits alone.
Intertek buys Costa Rica's Suplilab
(Sharecast News) - Industrial safety equipment maker Intertek Group on Monday said it had bought Suplilab, a provider of food safety and medical devices testing services, based in San José, Costa Rica for an undisclosed sum.
Unite upbeat on Empiric acquisition as UK student demand offsets China dip
(Sharecast News) - Student accommodation provider Unite Group said on Monday that acquisition target Empiric Student Property had achieved occupancy of 89% and like-for-like rental growth of 4.5% year-to-date, with the group experiencing an increase in demand from UK domestic students, partially offsetting a reduction in the number of bookings from Chinese students.
Shore Capital ups HSBC targets after strong Q3, but stays neutral
(Sharecast News) - Shore Capital has raised its fair value target price for HSBC from 985p to 1,070p following the bank's better-than-expected third-quarter profits, but retained a neutral stance on the stock.
Chevron beats estimates on record Q3 production, despite weak crude price
(Sharecast News) - Chevron posted better-than-expected third-quarter results, driven by record production, offsetting weaker oil prices.
Versarien in exclusive talks to sell off remaining assets, shares sink
(Sharecast News) - Versarien's share price tanked on Friday after the advanced engineering materials group announced the proposed disposal of its remaining assets to an unnamed party.
Citi starts coverage of Rosebank Industries at 'buy'
(Sharecast News) - Citi initiated coverage of Rosebank Industries on Friday with a 'buy' rating.
Berenberg keeps Kingfisher at 'hold' as mixed conditions continue
(Sharecast News) - Berenberg has reiterated a 'hold' rating on Kingfisher ahead of the DIY retailer's third-quarter update next month, highlighting concerns about profit margins amid a mixed market backdrop.
Princes Group floats at £1.16bn valuation
(Sharecast News) - Food and beverage company Princes Group said on Friday that it was floating at a valuation of £1.16bn - the lower end of its targeted range.
RBC Capital slightly lowers target price on Grafton
(Sharecast News) - Analysts at RBC Capital Markets slightly lowered their target price on builders merchants Grafton from 1,220p to 1,190p on Friday, as it pushed out the group's recovery.
TT Electronics says it rejected three takeover proposals from DBAY
(Sharecast News) - TT Electronics said on Friday that in the last three months it has received and rejected three highly conditional unsolicited all-cash takeover proposals from DBAY Advisors.
Auto Trader's Catherine Faiers to step down as COO
(Sharecast News) - Digital automotive marketplace Auto Trader said on Friday that Catherine Faiers has informed the board of her intention to step down as chief operating officer in order to take up the position of chief executive officer at Moonpig.
Octopus Renewables Infrastructure sells stake in Simply Blue Energy OSW
(Sharecast News) - Renewables infrastructure investor Octopus Renewables Infrastructure Trust has a stake in the offshore wind development arm of investee company Simply Blue Group.
Raspberry Pi CFO steps down after seven years in post
(Sharecast News) - Low cost computing firm Raspberry Pi said chief financial officer Richard Boult would step down in the second half of 2026, after seven years in the job to "explore new challenges".
Wood Group reports decline in first-half profit
(Sharecast News) - Wood Group reported a drop in first-half profit on Thursday ahead of its conditonal takeover by Sidara.
BP says carbon dioxide at Bumerangue discovery 'can be managed'
(Sharecast News) - BP said on Thursday that it was progressing plans for its significant Bumerangue discovery, offshore Brazil, and that the carbon dioxide in the reservoir can be managed.
RBC Capital bumps up target price on Aberdeen
(Sharecast News) - Over at RBC Capital Markets, analysts nudged up their target price on investment firm Aberdeen from 195p to 200p on Thursday as they updated their model for the group's third-quarter trading update.
Volkswagen posts €1.3bn Q3 loss on Porsche woes, tariffs
(Sharecast News) - Car maker Volkswagen on Thursday reported a €1.3bn operating loss in the third quarter driven by extra charges at its Porsche unit.
Former Google exec Layfield named new Monzo CEO as TS Anil steps down
(Sharecast News) - Digital bank Monzo said on Thursday that chief executive TS Anil will be stepping down after nearly six years, and will be succeeded by Diana Layfield.
Berenberg raises target price on Next
(Sharecast News) - Analysts at Berenberg raised their target price on retailer Next from 14,700p to 17,800p on Thursday, stating the group's fourth-quarter guidance "continues to look cautious"
Drax to acquire three BESS projects from Apatura
(Sharecast News) - Renewable energy firm Drax has signed an agreement with Apatura to acquire three battery energy storage system projects, which will provide capacity totalling 260MW when fully commissioned.
Prudential posts another quarter of double-digit growth
(Sharecast News) - Prudential reported another quarter of double-digit growth on Thursday, with new business profit rising 13% year on year to $705m for the three months ended 30 September, driven by continued strength across its Asian operations and improved margins.
Jefferies starts coverage of Rathbones at 'underperform', shares slide
(Sharecast News) - Rathbones slumped on Thursday as Jefferies initiated coverage of the shares with an 'underperform' rating and 1,650p price target.
Friday preview: Nationwide house price data; CaixaBank and Danske report
(Sharecast News) - Friday looked set to be a quiet one on the UK corporate front, but Nationwide's house price data for October will be released at 0700 GMT.
Switzerland's Cicor to buy TT Electronics in £287m deal
(Sharecast News) - TT Electronics said on Thursday that it has agreed to be taken over by Swiss rival Cicor Technologies in a £287m cash and shares deal.
Haleon maintains expectations as organic revenue rises through Q3
(Sharecast News) - Haleon reported a 3.4% rise in organic revenue for the third quarter on Thursday, supported by strong demand in its oral health and vitamins, minerals and supplements (VMS) categories, and solid performance in emerging markets.
WPP warns on profits, launches strategic review; shares slide
(Sharecast News) - WPP tumbled on Thursday as it warned on profits again due to a slump in revenue and said it had launched a strategic review, with new boss Cindy Rose describing the advertising firm's performance as "unacceptable".
CLS Holdings CFO to step down
(Sharecast News) - Commercial property investor CLS Holdings revealed on Thursday that Andrew Kirkman will step down as chief financial officer, with effect from 5 January.
Computacenter 'comfortably ahead' of last year after strong Q3
(Sharecast News) - Computacenter said on Thursday that it was "comfortably ahead" ahead of the prior year's trading following a strong performance in the third quarter.
Vodafone to acquire cloud specialist Skaylink for €175m
(Sharecast News) - Telecommunications firm Vodafone has entered into a binding agreement to acquire German cloud and digital transformation firm Skaylink for €175m, primarily from funds managed by Waterland.
Shell Q3 beats expectations despite weak prices
(Sharecast News) - Energy giant Shell posted better-than-expected profits for the third quarter despite a weak oil price and unveiled a £350m share buyback.
Essentra Q3 revenues improve as end-market conditions show signs of recovery
(Sharecast News) - Essential components business Essentra said on Thursday third-quarter revenues had risen 5.9% on a like-for-like, constant currency basis, with order intake up 5.6% year-on-year as end-market conditions showed signs of recovery.
Spectris Q3 sales up double digits
(Sharecast News) - Precision instruments supplier Spectris said on Wednesday that sales had grown by double digits in the three months ended 30 September, continuing the improvement experienced in the second quarter.
Standard Chartered Q3 profits jump on wealth division
(Sharecast News) - Standard Chartered on Thursday said it expected income to be towards the upper end of its 5 - 7% growth range after reporting a rise in third quarter earnings driven by its wealth division.
Berenberg starts coverage of Mears and Capita
(Sharecast News) - Berenberg initiated coverage of Mears and Capita on Wednesday as it took a look at the UK business services sector.
Citi opens 30-day 'positive catalyst watch' on Flutter Entertainment
(Sharecast News) - Citi opened a 30-day 'positive catalyst watch' on Flutter Entertainment on Wednesday ahead of its third-quarter results on 12 November.
Temenos surges on guidance lift, profit beat
(Sharecast News) - Shares in Temenos surged on Wednesday after the Swiss banking software company lifted its profit guidance and posted better-than-expected third-quarter earnings.
Canaccord Genuity starts Brickability at 'buy'
(Sharecast News) - Analysts at Canaccord Genuity initiated coverage of building products supplier Brickability on Wednesday with a 'buy' rating and a 106p target price, arguing that the market was undervaluing the group's growing exposure to high-margin, regulatory-led verticals.
Thursday preview: ECB, BoJ announcements eyed; Apple, Amazon results in focus
(Sharecast News) - Policy announcements from the European Central Bank and the Bank of Japan are due on Thursday, as well as quarterly results from Apple and Amazon.
WH Smith delays full-year results to December
(Sharecast News) - WH Smith said on Wednesday that it was delaying the release of its preliminary results for the financial year ended 31 August 2025 to allow time for Deloitte to finish its review.
Elementis backs full-year guidance after 'resilient' Q3
(Sharecast News) - Specialty chemicals firm Elementis backed its full-year guidance on Wednesday after a "resilient" third quarter.
Glencore lifts Q3 copper output, YTD volumes lag
(Sharecast News) - Mining giant Glencore posted a 36% quarter-on-quarter increase in copper production for the three months ended 30 September, driven by stronger performances at its KCC, Mutanda, Antamina and Antapaccay assets.
Adidas Nth America sales lag as US tariffs bite
(Sharecast News) - North America sales at German sportswear maker Adidas dragged behind regional peers as the impact of US tariffs bit in the third quarter.
Primary Health Properties clears CMA hurdle on Assura merger
(Sharecast News) - Real estate investment firm Primary Health Properties said on Wednesday that the UK's Competition and Markets Authority had concluded its Phase 1 review of the company's proposed combination with Assura, raising no competition concerns.
Next Q3 full price sales beat guidance, raises FY outlook
(Sharecast News) - Retailer Next raised its full-year sales and pre-tax profit guidance on Wednesday as it revealed full price sales had risen 10.5% year-on-year in the thirteen weeks ended 25 October, ahead of guidance for a more modest 4.5% increase.
Aston Martin losses widen as US tariffs hit demand
(Sharecast News) - Luxury car maker Aston Martin Lagonda posted a third-quarter loss of £112m on the back of lower-than-expected wholesale volumes as a result of US tariffs.
UBS upgrades Spirax to 'buy', hikes price target
(Sharecast News) - UBS upgraded Spirax on Tuesday to 'buy' from 'neutral' and hiked the price target to 10,500p from 7,500p.
BT mulls launch of low-cost mobile service - report
(Sharecast News) - BT is reportedly mulling the launch of new a low-cost mobile brand, as it looks to compete with new rivals in the market including the fintech companies Revolut and Monzo.
Citi downgrades Centrica to 'neutral', cites limited absolute upside
(Sharecast News) - Citi downgraded British Gas owner Centrica on Tuesday to 'neutral' from 'buy', citing "sound" fundamentals but limited absolute upside.
Pimco reportedly offloads majority of Thames Water debt
(Sharecast News) - Bond fund manager Pimco has reportedly offloaded hundreds of millions of pounds of Thames Water debt as the beleaguered utility tries to avert temporary nationalisation by securing a private sector rescue deal.
Wednesday preview: Fed rate cut, US tech earnings eyed
(Sharecast News) - All eyes will be on the latest policy announcement from the US Federal Reserve on Wednesday, as well as a raft of earnings from US tech giants.
Barclays to buy US personal loan platform Best Egg for $800m
(Sharecast News) - Barclays said on Tuesday that it has agreed to buy US direct-to-consumer personal loan origination platform Best Egg for $800m.
Ultimate Products profits fall as air fryer sales slump
(Sharecast News) - Ultimate Products reported a decline in annual profit on Tuesday, as softer consumer demand and elevated shipping costs weighed on margins, though the owner of Salter and Beldray said trading remained in line with expectations and reaffirmed its confidence in its longer-term prospects.
RBC Capital Markets raises target price on NatWest
(Sharecast News) - Analysts at RBC Capital Markets hiked their target price on NatWest from 650p to 725p on Tuesday following the bank's third-quarter results.
Auction Technology sees FY performance in line with market views
(Sharecast News) - Auction Technology Group said on Tuesday that its full-year revenue and adjusted EBITDA performance was set to be in line with recently-revised market expectations of $186.3m and $75.8m, respectively.
Evoke delivers fifth straight quarter of YOY revenue growth
(Sharecast News) - Bookmaker Evoke said on Tuesday that it had delivered its fifth consecutive quarter of year-on-year revenue growth, with all three operating divisions delivering gains in the three months ended 30 September.
Airtel Africa profits jump on surge in revenues
(Sharecast News) - Airtel Africa reported a sharp jump in half-year core earnings on the back of surging revenues and an increase in customer numbers.
Airtel Africa profits jump on surge in revenues
(Sharecast News) - Airtel Africa reported a sharp jump in half-year core earnings on the back of surging revenues and an increase in customer numbers.
Anglo American posts mixed Q3 output, lifts Minas-Rio guidance
(Sharecast News) - Mining giant Anglo American posted a mixed set of third-quarter production figures on Tuesday, with gains in copper, manganese and diamonds offset by declines in iron ore and steelmaking coal.
AstraZeneca's Koselugo receives EU approval
(Sharecast News) - Drugmaker AstraZeneca said on Tuesday that its Koselugo asset has been approved for usage in the European Union for the rare, progressive, genetic condition, plexiform neurofibromas, in adults with neurofibromatosis type 1.
HSBC Q3 profits fall as $1.1bn legal charge weighs
(Sharecast News) - HSBC on Tuesday reported a fall in third-quarter profits as a $1.1bn legal charge weighed on the bottom line.
BAE Systems to recognise around £4.6bn from UK govt deal with Turkey
(Sharecast News) - BAE Systems said on Monday that it expects to recognise around £4.6bn from a UK government agreement with Turkey for the purchase of 20 Typhoon aircraft and an associated weapons and integration package.
Barclays gets Saudi investment banking licence as Middle East expansion continues
(Sharecast News) - Barclays has announced it is expanding its investment banking offering into the Kingdom of Saudi Arabia after receiving a provision Capital Market Authority (CMA) licence.
Convatec CEO Karim Bitar passes away
(Sharecast News) - Medical products and technologies company Convatec said on Monday that chief executive officer Karim Bitar has passed away.
IBT expects M&A activity to continue after Avidity takeover
(Sharecast News) - Shares in International Biotechnology Trust (IBT) were on the rise on Monday after Swiss pharma giant Novartis snapped up one of its portfolio companies for $12bn in cash.
KKR makes surprise move to buy Costa Coffee - report
(Sharecast News) - US investment firm KKR has reportedly made a surprise move to buy coffee chain Costa Coffee.
Schroders Capital trust to benefit from sale of Securiti AI
(Sharecast News) - Schroders Capital Global Innovation Trust announced on Monday that its portfolio company Securiti AI has agreed to be acquired by Veeam Software for a total consideration of $1.725bn, marking a significant uplift in the trust's portfolio value.
Energean's Q3 output in line with guidance, but profits fall
(Sharecast News) - London-based oil and gas explorer Energean on Monday announced that year-to-date production is tracking in line with full-year guidance, though profits have fallen slightly due to lower sales in Israel.
Octopus Renewables sells Hyro stake for £4.6m
(Sharecast News) - Octopus Renewables Infrastructure Trust announced the sale of its entire 25% stake in Hyro Energy, a UK-based green hydrogen and e-fuels development platform, for a total expected consideration of £4.6m on Monday.
Pantheon International extends maturity of multi-currency facility
(Sharecast News) - Pantheon International announced on Monday that it has extended the maturity of its multi-currency revolving credit facility by a further year to October 2029, maintaining its £400m equivalent commitment while securing lower borrowing costs.
Berenberg ups target price for Reckitt Benckiser but stays at 'hold'
(Sharecast News) - Berenberg has lifted its target price for consumer products group Reckitt Benckiser from 5,555p to 5,647p following the release of the company's third-quarter results last week, but kept a 'hold' rating on the stock.
GSK shares lift on £268m prostate cancer deal
(Sharecast News) - GSK shares lifted on Monday after the pharmaceutical giant signed a £268m deal with French biotech Syndivia for a potential treatment for prostate cancer.
Avacta presents promising findings to Boston conference
(Sharecast News) - Shares in Avacta rose on Monday after the clinical stage biopharmaceutical company presented preclinical data showing its novel dual payload pre|CISION technology at a oncology conference in Boston.
Amigo Holdings taps Craig Ransley to help explore strategic options
(Sharecast News) - Subprime lender Amigo Holdings has appointed Craig Ransley as a board consultant as part of an effort to explore strategic options for the firm to remain a listed company, specifically by identifying and pursuing a reverse takeover in the mining sector.
Tuesday preview: HSBC third-quarter numbers eyed
(Sharecast News) - Third-quarter results from HSBC will be the main highlight on the UK corporate calendar on Tuesday.
CMA clears Greencore-Bakkavor deal in Phase 1 review, proposes limited remedies
(Sharecast News) - UK watchdog the Competition and Markets Authority has concluded its Phase 1 investigation into Greencore's proposed acquisition of Bakkavor, finding no competition concerns across the vast majority of the combined businesses.
Petrofac files for administration putting 2,000 jobs at risk
(Sharecast News) - Troubled oil services firm Petrofac on Monday filed for administration, putting 2,00 jobs at risk.
HSBC announces $1.1bn provision related to Madoff court case
(Sharecast News) - HSBC has announced that it will take a $1.1bn impairment charge in its third-quarter results after losing an appeal in a long-running lawsuit in Luxembourg related to Bernard Madoff's multibillion-dollar Ponzi scheme.
Great Portland Estates sells West London asset for £250m
(Sharecast News) - Property developer Great Portland Estates has sold 1 Newman Street, West London to Royal London Asset Management Property for £250m, reflecting a net initial yield of 4.48%, marginally ahead of the March 2025 book value.
Goodwin shares surge on profit upgrade, special dividend
(Sharecast News) - Shares in Goodwin surged by 36% on Monday after the engineering firm said it expected to at least double annual profits on the back of a strong order book and said it would also pay a special one-off interim dividend of 532p a share.
Workers at Leonardo's British factories to walk out next month
(Sharecast News) - More than 3,000 UK workers at defence firm Leonardo are due to go on strike next month, it was confirmed on Friday, after pay discussions broke down.
Blackstone said to be among suitors for UnitedHealth-owned Optum UK
(Sharecast News) - Optum's UK operation is reportedly is being circled by a pack of potential buyers, just two years after it last changed hands.
Peel Hunt sees little upside at JD Wetherspoons ahead of Budget
(Sharecast News) - Peel Hunt has reiterated a 'hold' rating on JD Wetherspoon despite an improving opinion about the stock's valuation, saying that the upcoming Budget could limit upside in the near term.
Berenberg lowers target price on Synthomer
(Sharecast News) - Analysts at Berenberg lowered their target price on chemicals firm Synthomer from 80p to 60p on Friday, stating weak demand continues to weigh on "the slice of equity value" left in the stock.
RBC Capital upgrades Kingfisher to 'outperform', shares rally
(Sharecast News) - B&Q and Castorama owner Kingfisher rallied on Friday after RBC Capital Markets upgraded the stock to 'outperform' from 'sector perform' and lifted the price target to 350p from 320p.
Record AUM hits all-time high in Q2
(Sharecast News) - Currency and asset manager Record said on Friday that assets under management had ended the second quarter at the highest level it has ever reported, following positive underlying asset growth.
Capricorn Energy on track to meet full-year guidance
(Sharecast News) - London-listed Capricorn Energy confirmed on Friday it was on track to meet full-year production guidance.
JTC extends takeover deadline for Permira, Warburg Pincus for third time
(Sharecast News) - JTC has extended takeover talks with Permira Advisers and Warburg Pincus for the third time, as the fund solutions provider continues to to engage in discussions with the private equity firms.
Energean inks transmission agreement with Israel Natural Gas Lines
(Sharecast News) - Exploration and production Energean's Israeli subsidiary has signed a transmission agreement with Israel Natural Gas Lines for capacity in the Nitzana pipeline, in line with its strategic focus on long-term value creation.
NatWest shares jump on guidance upgrade after Q3 profits surge
(Sharecast News) - NatWest shares jumped on Friday after the banking group raised its income and returns guidance for 2025 following a strong performance in the third quarter, helped by "healthy levels of customer activity".
GSK's Blenrep receives US FDA approval
(Sharecast News) - Drugmaker GSK said on Friday that the US Food and Drug Administration had approved its Blenrep asset in combination with bortezomib and dexamethasone for the treatment of adults with relapsed or refractory multiple myeloma.
Google agrees multimillion pound investment deal with THG Ingenuity - report
(Sharecast News) - Google has reportedly struck a multimillion pound investment deal with THG Ingenuity, the e-commerce fulfilment and logistics business which demerged from online beauty and nutrition brand-owner THG earlier this year.
RBC Capital Markets hikes target price on Reckitt following Q3 trading update
(Sharecast News) - Over at RBC Capital Markets, analysts hiked their target price on consumer goods giant Reckitt from 6,000p to 6,400p on Thursday following the group's Q3 trading update a day earlier.
Bloomsbury raises full-year profit expectations
(Sharecast News) - Bloomsbury Publishing raised its full-year profit expectations on Thursday, after reporting resilient first-half results and signing its first artificial intelligence licensing agreement, as strong academic growth helped offset a tougher comparison in consumer publishing.
Berenberg raises target price on Hochshild Mining following 'stable' Q3 production report
(Sharecast News) - Analysts at Berenberg raised their target price on silver and gold miner Hochschild Mining from 380p to 400p on Thursday following the group's "stable" third quarter production report.
Henry Boot subsidiary sells consented Queniborough site
(Sharecast News) - Henry Boot said on Thursday that its land promotion and planning arm, Hallam Land, has completed the sale of a site in Queniborough, Leicestershire, with planning consent for 160 homes to housebuilder HarperCrewe, delivering an ungeared internal rate of return of 33% per annum.
Renault reports solid sales growth in Q3, reaffirms outlook
(Sharecast News) - Renault Group on Thursday reported a solid third quarter, with sales up by nearly a tenth over last year with all three of its automotive brands reporting growth.
St James's Place reports record funds under management
(Sharecast News) - St James's Place reported record funds under management of £212.4bn as of the end of September on Thursday, driven by robust inflows and double-digit investment returns, as the UK's largest wealth manager highlighted strong client engagement ahead of its new charging structure.
Wickes posts jump in Q3 sales, confirms guidance
(Sharecast News) - Home improvement specialist Wickes Group posted a jump in third-quarter sales on Thursday, on the back of solid customer demand across the business.
Legal & General flags top-end full-year earnings growth
(Sharecast News) - Legal & General said in an update on Thursday that it expects to deliver full-year 2025 core operating earnings per share growth at the higher end of its 6% to 9% target range, alongside operational surplus generation growth of more than 3%, as it reported solid progress across its business lines.
Berenberg starts Morgan Advanced Materials at 'buy'
(Sharecast News) - Berenberg initiated coverage of Morgan Advanced Materials on Thursday with a 'buy' rating and 250p price target.
Molten Ventures sees 'continuing strong momentum' in H1, ups buyback as NAV climbs
(Sharecast News) - Venture capital firm Molten Ventures said on Thursday that it had seen "continuing strong momentum" in the six months ended 30 September, with positive gross portfolio value and net asset value per share growth.
Foxtons says Q4 sales could miss expectations, cites slowdown ahead of Budget
(Sharecast News) - London estate agent Foxtons warned on Thursday that fourth-quarter sales could miss management expectations, with sales likely to remain subdued in the run-up to the Autumn Budget.
Inchcape reiterates FY guidance after Q3 growth, buyback progress
(Sharecast News) - Automotive distributor Inchcape reiterated its full-year guidance on Thursday as it said revenues had grown during the three months ended 30 September, supported by market growth and distribution contract wins.
AJ Bell reports record year as customer numbers surge
(Sharecast News) - Investment platform and stockbroker services group AJ Bell has reported a record performance over the year to 30 September, with customer numbers rising by a fifth and platform assets under administration hitting an all-time high.
Great Portland Estates secures new £525m unsecured revolving credit facility
(Sharecast News) - Property development and investment firm Great Portland Estates has signed a new £525m ESG-linked unsecured revolving credit facility with a group of four existing relationship banks.
Mitchells & Butlers look to M&S for new finance chief
(Sharecast News) - Mitchells & Butlers has named Marks & Spencer director Emma Harris its new chief financial officer, the pubs and restaurant group confirmed on Thursday.
Hunting flags solid Q3 but sees FY EBITDA at lower end of guidance
(Sharecast News) - Precision engineering group Hunting warned on Thursday that full-year underlying earnings were expected to be "at the lower end" of guidance despite a solid performance in the three months ended 30 September.
EMEA weakness hits Q1 sales for Renishaw
(Sharecast News) - The share price of manufacturing systems group Renishaw fell on Thursday after exchange rate movements weighed heavily on its top-line performance in the first quarter, with heavy declines in the EMEA region.
Synthomer says demand across end-markets remains weak
(Sharecast News) - Synthomer said on Thursday that demand remained soft across a number of its markets, but that self-help initiatives were helping to mitigate this.
Airbus, Thales, Leonardo in deal to create new space firm
(Sharecast News) - European aerospace and defence companies Airbus, Leonardo and Thales have joined forces to combine their space businesses in a new entity to take on SpaceX of the US.
Antofagasta Q3 gold and copper production rise, FY25 copper output seen at lower end of guidance
(Sharecast News) - Mining giant Antofagasta said on Wednesday that copper and gold production had increased in the three months ended 30 September, helping offset a decline in molybdenum production due to to lower grades at its Los Pelambre asset, but said full-year copper production would be at the lower end of its guidance range.
Relx reports strong trading momentum
(Sharecast News) - Relx reported strong trading momentum for the first nine months of 2025 on Thurdsay, with underlying revenue up 7%, driven by continued growth in analytics and decision tools across its business lines.
LSEG ups guidance, unveils buyback as banks invest £170m in post trade business
(Sharecast News) - Shares in London Stock Exchange Group jumped on Thursday morning after the financial markets platform operator raised its margin guidance, unveiled another £1bn in share buybacks and announced a £170m investment from a consortium of leading banks.
Rentokil on track for FY after encouraging Q3, US performance improves
(Sharecast News) - Rentokil surged on Thursday as it said it was on track to meet full-year market expectations after an encouraging third-quarter performance and pointed to improved trading in North America.
Tesla Q3 profits plunge despite higher sales as costs, tariffs weigh
(Sharecast News) - Electric car maker Tesla reported a sharp drop in third-quarter earnings despite higher sales in the period.
Dunelm hails strong Q1 as sales jump 6.2%
(Sharecast News) - Homeware retailer Dunelm hailed a strong first-quarter performance on Thursday, with total sales up 6.2%.
Schroders AUM hits record high on surge in net inflows
(Sharecast News) - Asset manager Schroders posted an increase in total group assets under management in the third quarter amid a surge in net new business, excluding joint ventures and associates.
Friday preview: UK retail sales, NatWest results eyed
(Sharecast News) - UK retail sales figures for September will be a highlight on the UK macro calendar on Friday, with the latest quarterly results from NatWest also due.
IHG reiterates FY guidance after RevPAR ticks up in Q3
(Sharecast News) - Holiday Inn owner InterContinental Hotels Group said on Thursday that it remained on track to meet full year profit and earnings expectations after revenue per available room ticked up 0.1% in the three months ended 30 September.
Unilever reiterates full-year outlook on strong third quarter
(Sharecast News) - Consumer goods giant Unilever reiterated its full-year outlook on Thursday, despite "subdued" market conditions, following a strong third quarter.
Lloyds Q3 profits plunge 36% on car finance scandal costs
(Sharecast News) - Lloyds Bank on Thursday reported a 36% fall in third quarter profit after taking an extra £800m hit from the motor finance scandal.
Kavango Resources shares drop on abrupt CEO exit
(Sharecast News) - Shares in Kavango Resources plunged on Wednesday after the Southern Africa-focused miner announced the abrupt exit of chief executive Ben Turney.
Hilton lifts FY EPS guidance as Q3 earnings beat expectations
(Sharecast News) - Hotel chain Hilton lifted its full-year earnings guidance on Wednesday as it posted better-than-expected third-quarter earnings despite a fall in occupancy.
Cinven among PE firms circling funeral provider Pure Cremation
(Sharecast News) - Pure Cremation has been valued at up to £700m in a potential acquisition, with private equity group Cinven among the names rumoured to be interested in the UK funeral provider.
JLR cyberattack costs UK economy a record £1.9bn - report
(Sharecast News) - The attack on Jaguar Land Rover has cost the UK economy £1.9bn, according to a cybersecurity body, making it the country's costliest ever hack.
Contango strengthens partnership structure at Muchesu coal mine
(Sharecast News) - Coal miner Contango has announced a series of changes to its partnership structure at the Muchesu coal project in Zimbabwe, introducing Pacific Goal Group as a new strategic investor.
Berenberg slightly raises target price on Atalaya Mining
(Sharecast News) - Analysts at Berenberg slightly nudged up their target price on copper miner Atalaya Mining from 620p to 630p on Wednesday, stating there were "no surprises" in the company's third-quarter results.
Thursday preview: Lloyds, Unilever in focus
(Sharecast News) - The latest third-quarter earnings from Lloyds will be in focus on Thursday, along with Q3 trading statements from Unilever, London Stock Exchange Group, InterContinental Hotels and Rentokil.
Princes Group targeting £1.2bn valuation in London IPO
(Sharecast News) - Food and beverage company Princes Group said on Wednesday that it was targeting a valuation of between around £1.16bn and £1.24bn in its London IPO.
Canaccord Genuity slashes B&M target after second profit warning
(Sharecast News) - Analysts at Canaccord Genuity slashed their target price on budget retailer B&M European Value Retail from 395p to 245p on Wednesday following the second downgrade to profit guidance in just two weeks.
Annual profits surge at Lidl GB
(Sharecast News) - Full-year profits surged at Lidl GB, the discounter said on Wednesday, as it continued to roll out stores amid bumper demand.
International Personal Finance posts solid quarter, extends deadline for possible offer
(Sharecast News) - International Personal Finance reported a strong third quarter on Wednesday, as its 'Next Gen' strategy drove an acceleration in lending and a return to growth in customer numbers, while the Takeover Panel granted BasePoint Capital an extension to firm up a possible cash offer for the group.
Macfarlane warns on profits after fatal incident
(Sharecast News) - Macfarlane Group warned on Wednesday that its full-year profits would fall short of expectations following a fatal incident at one of its Pitreavie facilities and weaker-than-anticipated trading in its distribution business during the second half of the year.
Hochschild on track to reach revised full-year production guidance
(Sharecast News) - Hochschild Mining said in an update on Wednesday that it remains on course to meet its revised 2025 production guidance, supported by steady progress at its Mara Rosa gold mine in Brazil and continued strong output from its Inmaculada and San Jose operations in South America.
Eurostar to run doubledecker trains through Channel tunnel from 2031
(Sharecast News) - Eurostar is to start running doubledecker trains through the Channel tunnel to meet the rising demand for international travel from the UK, the company said on Wednesday.
Liberty Global sells half its ITV stake in placing, shares tumble
(Sharecast News) - ITV tumbled on Wednesday after its largest shareholder, Liberty Global, sold half its stake in the broadcaster in a placing, raising about £135m.
Halfords backs FY outlook after 'sustained progress' in first half
(Sharecast News) - Halfords backed its full-year outlook on Wednesday as it hailed "sustained progress" in the first half, with positive like-for-like sales growth.
Quilter tops £2bn in quarterly net flows for third straight quarter
(Sharecast News) - Wealth management firm Quilter said on Wednesday that it had delivered a third successive quarter of net inflows in excess of £2bn, as third-quarter core net inflows surged year-on-year.
Quilter tops £2bn in quarterly net flows for third straight quarter
(Sharecast News) - Wealth management firm Quilter said on Wednesday that it had delivered a third successive quarter of net inflows in excess of £2bn, as third-quarter core net inflows surged year-on-year.
GSK advances low-carbon inhaler, halts latozinemab study after mixed data
(Sharecast News) - Drugmaker GSK released two sets of trial data on Wednesday, covering its low-carbon asthma inhaler and a potential new treatment for multiple sclerosis.
Astrazeneca's Tezspire secures EU approval
(Sharecast News) - Drugmaker AstraZeneca said on Wednesday that its chronic rhinosinusitis with nasal polyps treatment, Tezspire, has been approved in the European Union as an add-on therapy with intranasal corticosteroids for adults.
Softcat hails strong performance in base business as FY profits rise
(Sharecast News) - Softcat reported a jump in full-year profit and revenue on Wednesday as it pointed to a strong performance in the base business.
Plus500 enters partnership with US-based Topstep
(Sharecast News) - Fintech group Plus500 said it had entered into a partnership with Topstep, a US-based trading education and evaluation platform, to provide clearing and technology infrastructure for Topstep's brokerage.
Aberdeen delivers improved investment flows as AUMA hits £542bn
(Sharecast News) - Investment firm Aberdeen reported a 6% year-to-date rise in assets under management and administration to £542.4bn on Wednesday, driven by market gains and continued momentum across interactive investor and its investment platforms.
Hardide shares surge on year-end update as revenues jump
(Sharecast News) - Hardide's share price jumped by a fifth on Wednesday after the industrial coatings company said it expects to report a profit for "the first time in many years".
Fresnillo on track for full-year targets despite lower Q3 output
(Sharecast News) - Precious metals miner Fresnillo has reiterated its full-year production guidance after trading in line with expectations in the third quarter, but said gold output was trending towards the upper end of its target range.
Reckitt reiterates FY guidance following 'strong' Q3 performance
(Sharecast News) - Consumer goods giant Reckitt Group reiterated its full-year guidance on Wednesday as it reported a "strong third-quarter performance", with like-for-like net revenue up 7% in the three months ended 30 September at £3.61bn.
Barclays unveils shock $500m share buyback as Q3 profit falls 7%
(Sharecast News) - Barclays on Wednesday launched an unexpected £500m share buyback, lifted its return on equity target and unveiled a plan to move to quarterly share buyback announcements despite taking a larger hit from the UK motor finance scandal.
Novo Nordisk calls EGM as boardroom rift triggers mass exits
(Sharecast News) - Danish pharmaceutical giant Novo Nordisk said on Tuesday it will hold an extraordinary general meeting on 14 November to elect a new board after a boardroom dispute over strategy saw more than half of the board members hand in their notice.
Oslo-based Verdane abandons Ovo investment talks - report
(Sharecast News) - A Norwegian investment group has reportedly abandoned talks about an investment in UK energy supplier Ovo amid concern the industry's regulatory regime is obstructing efforts to attract new capital.
HSBC appoints David Lindberg head of UK bank
(Sharecast News) - HSBC has named a former NatWest executive as chief executive of its UK business, it announced on Tuesday, bringing a months-long search to a close.
Thames Water pauses fight over price hikes
(Sharecast News) - Thames Water has agreed to once again defer a challenge over how much it can charge customers, the ailing utility confirmed on Tuesday.
Shawbrook targets up to £2bn valuation in London IPO
(Sharecast News) - Shawbrook said on Tuesday that it was targeting a valuation of £1.8bn to £2bn in its London listing.
RBC Capital lifts CVS Group price target, reiterates 'outperform' rating
(Sharecast News) - RBC Capital Markets lifted its price target on CVS Group on Tuesday after the Competition and Markets Authority announced the findings of its two-year investigation into the vet market last week and suggested remedies.
Eco Buildings secures €420m Chile contract, shares jump
(Sharecast News) - Modular housing firm Eco Buildings said on Tuesday that it has secured a landmark agreement to manufacture and supply 20,000 homes in Chile under the Government's flagship social housing programme.
NCC trading in line, plans share buyback
(Sharecast News) - NCC Group said in an update on Tuesday that it expects full-year adjusted EBITDA to be in line with board expectations, with stronger cash generation and improving trends across both its core divisions, as the cyber security firm pursues a strategic review of its businesses.
Berenberg hikes target price on Currys
(Sharecast News) - Analysts at Berenberg raise their target price on electronics retailer Currys from 175p to 200p on Tuesday, citing a broad-based recovery across the group and what it called the most positive outlook in a decade.
Gulf Marine Services reiterates full-year outlook, shares spark
(Sharecast News) - Shares in Gulf Marine Services sparked on Tuesday, after the London-listed firm said it remained on course to meet increased full-year guidance.
Trifast maintains FY guidance despite tariff and auto headwinds
(Sharecast News) - Engineered fastenings group Trifast said on Tuesday that its overall first-half performance was in line with internal expectations, with continued benefits from operational improvement initiatives "creating resilience" amidst "a challenging market backdrop".
Wednesday preview: UK inflation, Barclays Q3 and Reckitt update
(Sharecast News) - On the corporate front, Barclays will kick off the latest round of UK bank earnings with its third-quarter numbers, with earnings due from Lloyds and NatWest later in the week.
Segro delivers 'strong quarter' of letting activity
(Sharecast News) - Property investment and development firm Segro said on Tuesday that improving occupier sentiment had driven "a strong quarter" of letting activity, with £22m of new rent signed in the three months ended 30 September.
Petrofac warns of possible delays to long-running restructuring plans
(Sharecast News) - Petrofac warned on Tuesday that crucial restructuring plans had been hit by a change in circumstances around certain stakeholders.
Bunzl backs FY outlook after in-line third quarter
(Sharecast News) - Distribution and services group Bunzl backed its full-year guidance on Tuesday as it said third-quarter trading had been in line with expectations.
XP Power reiterates full-year outlook on strong third quarter
(Sharecast News) - XP Power reiterated its full-year outlook on Tuesday, after the London-listed firm saw a "material" improvement in profitability in the third quarter.
Derwent London forms strategic partnership with Related Argent
(Sharecast News) - Property investor Derwent London said on Tuesday that it has formed a strategic partnership with property and urban regeneration business Related Argent connected to the Old Street Quarter EC1 site, which it aims to acquire before year-end 2027.
Hostelworld acquires B2B event discovery platform OccasionGenius
(Sharecast News) - Hostel booking platform Hostelworld has acquired US-based B2B event discovery platform OccasionGenius for $12m in cash as part of an effort to enhance its social travel platform offering.
Evoke chair Mendelsohn steps down
(Sharecast News) - Evoke - formerly 888 Holdings - said on Tuesday that Lord Jon Mendelsohn was stepping down as chair and non-executive director with immediate effect.
Unilever delays ice-cream demerger due to US govt shutdown
(Sharecast News) - UK consumer goods conglomerate Unilever PLC has been forced to delay its ice-cream unit demerger due to the ongoing US federal government shutdown which is stalling a legal registration needed to list its shares in New York.
GSK reports positive trial data for oral cUTI treatment, secures EU backing for simplified shingles vaccine
(Sharecast News) - Drugmaker GSK made two key updates on Monday, with positive phase III trial results for tebipenem HBr, an investigational oral antibiotic for complicated urinary tract infections, and a favourable regulatory opinion for a new prefilled syringe format of its shingles vaccine, Shingrix.
Coca-Cola HBC to snap up Africa rival in $2.6bn deal
(Sharecast News) - Coca-Cola HBC is to significantly ramp up its presence across Africa, the drinks giant announced on Tuesday, after agreeing to acquire one of the global brand's biggest bottling partners.
Almost 70 UK Pizza Huts to close as Yum agrees partial rescue
(Sharecast News) - Pizza Hut's UK dine-in business entered administration on Monday, with 68 restaurants set to close and more than 700 jobs at risk, following years of pressure on the casual dining sector.
KEFI shares jump on Tulu Kapi project funding
(Sharecast News) - The share price of KEFI Gold and Copper jumped into positive territory on Monday after the miner said the $240m debt offering relating to its Tulu Kapi Gold Project has now been signed by all relevant parties.
Arc Minerals stock halves as Anglo American pulls out of JV
(Sharecast News) - The share price of Arc Minerals almost halved on Monday after the copper miner revealed that its joint venture with Anglo American in Zambia has come to an end.
CLIG reports 4pc rise in funds under management
(Sharecast News) - City of London Investment Group reported a 4% increase in funds under management on Monday, to $11.2bn at the end of September, driven by strong performance across its emerging markets and listed private equity strategies.
Strip Tinning gets purchase order for Robotaxi component
(Sharecast News) - Strip Tinning said on Monday that it has received a purchase order for its battery system connector used in the Zoox Robotaxi programme, marking a major milestone ahead of the start of serial production scheduled for April 2026.
Major internet outage hits dozens of websites and apps
(Sharecast News) - A raft of popular websites and apps went down on Monday, from Halifax to Snapchat and Ring doorbells, after an issue at Amazon Web Services led to a major internet outage.
RBC Capital downgrades Marks & Spencer to 'sector perform'
(Sharecast News) - RBC Capital Markets downgraded Marks & Spencer on Monday to 'sector perform' from 'outperform' but lifted the price target to 400p from 375p.
Tuesday preview: UK September borrowing figures due; Netflix numbers in focus
(Sharecast News) - Tuesday will see the release of the latest UK borrowing figures, while across the pond, a slew of corporate releases will include the latest numbers from Netflix.
Thor Explorations' YTD rally has further to run, says Canaccord Genuity
(Sharecast News) - This year's huge rally in the share price of Thor Explorations has further to run, according to Canaccord Genuity, which hiked its target price for the West African focussed gold producer on Friday.
Holcim to acquire Germany's Xella in €1.85bn deal
(Sharecast News) - Building materials giant Holcim has signed a binding agreement to acquire Xella, a European leader in sustainable and innovative walling systems with projected 2025 net sales of around €1bn.
GlobalData cuts margin guidance but gives confident outlook
(Sharecast News) - Shares in GlobalData dropped sharply on Monday after the data, insight and technology company tempered its full-year profit outlook due to the slower-than-expected integration of acquired businesses throughout the year.
Galliford Try appointed to new £3bn affordable home framework
(Sharecast News) - Construction group Galliford Try said on Monday that its building business has been appointed to a £3bn affordable homes framework by major registered provider (RP), The Hyde Group.
Secure Trust Bank increases motor finance redress provision by £16m
(Sharecast News) - Secure Trust Bank increased its motor finance redress provision on Monday by around £16m following the Financial Conduct Authority's ruling on the scandal the week before last.
Berenberg upgrades Rolls-Royce to 'hold', hikes target price
(Sharecast News) - Analysts at Berenberg upgraded British multinational Rolls-Royce to 'hold' from 'sell' on Monday and hiked its target price from 240p to 1,080p as it took a fresh look at the aerospace and defence sector.
Plus500 reiterates FY guidance, makes 'substantial strategic progress'
(Sharecast News) - Fintech firm Plus500 reiterated its full-year guidance on Monday as it said "substantial strategic progress" made during the first nine months of 2025 had helped drive future growth and returns.
Sirius buys German industrial park for €43.7m
(Sharecast News) - Industrial park owner Sirius Real Estate on Monday said it had bought a site in Feldkirchen, Germany, for €43.7m including acquisition costs.
AstraZeneca lupus treatment gets EU approval
(Sharecast News) - AstraZeneca has received the green light from European regulators for its Saphnelo treatment for lupus, the pharma giant announced on Monday.
Shares slump as B&M warns again on profits, CFO resigns
(Sharecast News) - B&M European Value Retail's finance chief has stepped down, the chain said on Monday, after it discovered £7m of costs had not been correctly recognised, hitting profits.
Fifth Third Bancorp profits rise despite Tricolor bankruptcy loss
(Sharecast News) - US regional bank Fifth Third Bancorp reported a sharp increase in third-quarter earnings on Friday but also revealed it had lost $178m related to bankrupt auto dealer Tricolour.
Petra Diamonds launches fully-underwritten rights issue to raise £18.8m
(Sharecast News) - Petra Diamonds said on Friday that it has launched a 10-for-17 fully-underwritten rights issue to raise around £18.8m.
Canaccord Genuity hikes target price on Fresnillo
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on mining firm Fresnillo from 980p to 2,440p on Friday after running its second revised fourth quarter precious metals price deck through its model on the stock to see where its forecasts landed in the years ahead.
Helical reports progress across London development pipeline
(Sharecast News) - Helical said in an update on Friday that it had made strong progress across its London development pipeline during the first half of its financial year, as construction advanced on three major office projects and pre-development work accelerated at two additional sites.
Petrofac confirms restructuring will leave shareholders 'no residual value'
(Sharecast News) - Struggling energy infrastructure company Petrofac has announced its proposed restructuring will result in "no residual value" for existing shareholders.
JP Morgan reiterates 'bullish' stance on Croda
(Sharecast News) - JP Morgan has reiterated its 'overweight' rating on Croda International following strong third-quarter numbers from the speciality chemicals group.
Man Group AUM hits another record as investment gains surge
(Sharecast News) - Fund manager Man Group reported a solid increase in assets under management, as investment performance gains picked up sharply from the first half.
Berenberg hikes target price on Croda on beauty-led momentum
(Sharecast News) - Analysts at Berenberg hiked their target price on speciality chemicals company Croda from £31 to £33 on Friday, stating gains in beauty had outweighed plateaus in health.
SIG sticks with guidance, but LFL growth falters in Q3
(Sharecast News) - Insulation and building products group SIG has reiterated its full-year outlook but reported no growth in underlying sales in the third quarter.
Pearson upbeat for Q4, confirms full-year outlook
(Sharecast News) - Pearson forecast a pick-up in fourth-quarter sales on Friday, leaving the educational publisher on track to meet full-year guidance.
Smiths Group to sell Smiths Interconnect to Molex
(Sharecast News) - Engineer Smiths Group said on Thursday that it has agreed to sell Smiths Interconnect to Molex, a Koch company, for an enterprise value of £1.3bn.
Insig AI strengthens balance sheet as revenue rises
(Sharecast News) - Insig AI said on Thursday that revenue for the six months ended 30 September was expected to be just under £0.44m, up 164% year-on-year, as new sales leads and business development efforts begin to deliver results.
Barclays upgrades Centrica to 'overweight'
(Sharecast News) - Barclays upgraded British Gas owner Centrica on Thursday as it took a look at European utilities.
Diageo shareholders urged to vote against pay report - Sky
(Sharecast News) - Drinks giant Diageo is facing a potential investor backlash over pay, it was reported on Thursday.
Deutsche Bank downgrades AstraZeneca to 'sell'
(Sharecast News) - Deutsche Bank downgraded AstraZeneca to 'sell' from 'hold' on Thursday and cut the price target to 10,500p from 11,500p as it said it was turning sceptical on SERENA-4.
Berenberg starts Filtronic at 'buy'
(Sharecast News) - Berenberg initiated coverage on shares of Filtronic on Thursday with a 'buy' rating and 196p price target.
Shore Capital stays positive on Whitbread despite H1 disappointment
(Sharecast News) - Shares in Premier Inn owner Whitbread tanked on Thursday after the company posted a drop in interim profits and lowered guidance for its German operations, though Shore Capital said the disappointing first half is unlikely to change forecasts too much.
RBC Capital lowers target price on Brooks Macdonald
(Sharecast News) - Analysts at RBC Capital Markets lowered their target price on wealth management firm Brooks Macdonald from 1,900p to 1,850p on Thursday following the group's first-quarter trading update.
XPS Pensions interim revenues grow, advisory and SIP units lead gains
(Sharecast News) - Consulting and administration business XPS Pensions said on Thursday that it had delivered "continued strong revenue growth" in the six months ended 30 September, leaving it confident of its ability to meet full-year expectations.
Videndum reports improved third-quarter trading
(Sharecast News) - Videndum said on Thursday that trading improved in the third quarter as demand picked up and cost savings took effect, while talks with its lenders on a long-term deleveraging plan continued.
Sabre Insurance on track despite ongoing premium weakness
(Sharecast News) - Motor insurance underwriter Sabre Insurance reiterated its guidance for steady annual profits despite a sharp drop in premiums this year.
Nestle to axe 16,000 jobs as new CEO targets sales boost
(Sharecast News) - Nestle is axing 16,000 jobs in the next two years as the consumer food giant's new chief executive laid out plans to boost growth.
Whitbread posts drop in interim profits, cuts FY guidance for Germany
(Sharecast News) - Premier Inn owner Whitbread downgraded its full-year profit outlook for Germany on Thursday as it posted a drop in group interim profits and revenue.
GB Group points to H2 acceleration, announces £8m bolt-on purchase
(Sharecast News) - Identity technology business GB Group said it expects to accelerate growth in the second half after a flat first half, as it reported the bolt-on acquisition of DataTools, an address validation and data quality solutions provider in Australia and New Zealand.
CLS secures government tenant in Dortmund, rental income to exceed €4m
(Sharecast News) - Property investor CLS has inked an eight-year, index-linked lease with a government department for 14,700 square metres and 290 parking spaces at Gotic Haus in Dortmund.
IG sells Small Exchange to Kraken owner in $100m deal
(Sharecast News) - IG Group said had had sold Small Exchange to Payward the parent company of the crypto exchange Kraken.
Croda confirms outlook after third-quarter sales spark
(Sharecast News) - Croda International reiterated its full-year outlook on Thursday after the speciality chemicals group posted a jump in third-quarter sales.
Travis Perkins returns to LFL growth in third quarter
(Sharecast News) - Building materials group Travis Perkins reported a return to underlying sales growth in its third quarter, as actions taken to "sharpen the competitive proposition" in its merchanting operations paid off.
Friday preview: US housing starts, American Express results due
(Sharecast News) - Friday looked set to be a quiet end to a busy week, with no corporate or macroeconomic releases of note due in the UK.
Oakley sells stake in atHome to Apax
(Sharecast News) - Pan-European private equity investor Oakley Capital said it had sold its stake in Luxembourg-based property and auto market provider atHome to Apax Partners.
Workspace rent roll declines amid Centro Building vacancies
(Sharecast News) - Flexible workspace operator Workspace Group reported a 2.3% decline in like-for-like occupancy on Thursday, dropping to 80% in the second quarter, largely due to customer vacations at The Centro Buildings in Camden.
Bank of England loosens rules on banker bonuses
(Sharecast News) - The Bank of England has loosened the rules surrounding banker bonuses, it was confirmed on Wednesday, including slashing the amount of time people must wait before receiving their full payouts.
Morgan Stanley initiates coverage on raft of airline stocks, highlights IAG as 'top pick'
(Sharecast News) - Morgan Stanley initiated coverage on a host of airline stocks on Wednesday, as it pointed to "short-haul pain" but "long-haul gain", with BA and Iberia owner IAG its "top pick".
Thursday preview: UK GDP, Whitbread interims in focus
(Sharecast News) - Investors will be turning their attention to the latest UK economic growth figures on Thursday.
Rathbones shares trade lower as net outflows persist
(Sharecast News) - Investment manager Rathbones Group shares headed south in early trading on Wednesday as investors reacted to continued net outflows across both its wealth and asset management segments, offsetting growth in funds under management and administration.
Berenberg raises target price on Mitie
(Sharecast News) - Analysts at Berenberg raised their target price on facilities manager Mitie Group from 175p to 185p on Wednesday following the group's interim trading update, in which it confirmed continued strong trading momentum in the first half of FY26.
ProCook reports another quarter of double-digit growth
(Sharecast News) - ProCook Group reported another quarter of double-digit growth on Wednesday, posting record first-half revenue and outperforming the wider market as its retail and online operations continued to expand.
CMA proposes price lists, price caps on vet prescriptions; Pets at Home, CVS rally
(Sharecast News) - The Competition and Markets Authority said on Wednesday that vets should be made to publish prices so customers can look around for the best deal, and suggested price caps on prescriptions.
Royal Mail fined £21m by Ofcom over missed delivery targets
(Sharecast News) - Royal Mail has been fined £21m by Ofcom after failing to meet its delivery targets for first and second-class post in the 2024/25 financial year.
Jupiter's YTD net flows turn positive after strong third quarter
(Sharecast News) - Fund manager Jupiter reported net inflows of £0.3bn during the third quarter, as the positive momentum seen at the end of the first half continued.
PageGroup Q3 profits fall less than expected, shares rally
(Sharecast News) - PageGroup reported a drop in third-quarter profit on Wednesday as growth in the US and Asia was offset by a more challenging market in Europe, but shares in the recruiter shot higher as the decline wasn't as bad as expected.
PageGroup Q3 profits drop as European market remains challenging
(Sharecast News) - PageGroup reported a drop in third-quarter profit on Wednesday as growth in the US and Asia was offset by a more challenging market in Europe.
Capita reaches ICO settlement on cyber incident
(Sharecast News) - Business process outsourcing firm Capita has reached a settlement with the Information Commissioner's Office over a March 2023 cyber attack, resulting in a £14m penalty.
Rank sees jump in Q1 revenues
(Sharecast News) - Rank Group reaffirmed its profits outlook on Wednesday, despite concerns about possible tax changes in the upcoming Budget, following a strong first quarter.
British Land posts £155m H1 profit as occupational fundamentals remain 'robust'
(Sharecast News) - Real estate investment trust British Land said on Wednesday that underlying profits had grown in the six months ended 30 September, stating occupational fundamentals had "remained robust".
Brooks Macdonald posts first-quarter FUMA growth
(Sharecast News) - Brooks Macdonald Group said in an update on Wednesday that total funds under management and advice (FUMA) rose 3% in the first quarter, driven by positive investment performance and improving client flows, as it continued to execute its 'Reignite Growth' strategy.
Wood Group CEO resigns ahead of Sidara takeover
(Sharecast News) - Wood Group has announced that its chief executive Ken Gilmartin is to resign from the engineering consulting firm ahead of the proposed £216m takeover by Dubai's Sidara.
Great Portland Estates secures planning permission from Southwark Council
(Sharecast News) - Property developer Great Portland Estates has received planning permission from Southwark Council for the redevelopment of St Thomas Yard, SE1.
Entain reiterates full-year guidance on strong US trading
(Sharecast News) - Gambling and gaming giant Entain reiterated its full-year guidance on Wednesday, despite a slew of customer-friendly results during the third quarter.
RBC Capital downgrades Lancashire, upgrades Hiscox
(Sharecast News) - RBC Capital Markets downgraded Lancashire Holdings to 'underperform' from 'outperform' on Tuesday and cut the price target to 600p from 750p as it argued that consensus was at risk.
Wednesday preview: PageGroup update, more US bank earnings due
(Sharecast News) - Investors will turn their attention to more US bank earnings on Wednesday, as well as the latest update from London-listed recruiter PageGroup, and Chinese inflation prints.
Jefferies upgrades Fevertree to 'buy', shares fizz
(Sharecast News) - Shares in Fevertree Drinks fizzed higher on Tuesday after Jefferies upgraded the stock to 'buy' from 'hold' and hiked the price target to 1,100p from 900p, highlighting a "more refreshing growth story".
Entain and MGM Resorts' BetMGM lifts guidance after better-than-expected Q3
(Sharecast News) - Entain shot higher on Tuesday as it lifted its full-year guidance for BetMGM, its joint venture with MGM Resorts, following a better-than-expected third-quarter performance.
Hollywood Bowl hails record FY earnings and revenue
(Sharecast News) - Shares in Hollywood Bowl rallied on Tuesday after the ten-pin bowling operator reported record full-year revenues and earnings.
Marks & Spencer to extend chairman Archie Norman's tenure
(Sharecast News) - Marks & Spencer said on Tuesday that it has decided to extend the tenure of chairman Archie Norman until September 2029 for the next phase of the retailer's "reshaping of M&S" growth strategy.
Petershill Partners to sell majority of its Industry Ventures stake to Goldman
(Sharecast News) - Petershill Partners said on Tuesday that it has agreed to sell the majority of its non-controlling equity stake in Industry Ventures to Goldman Sachs for up to $236.6m.
Reach print revenue declines, digital grows modestly
(Sharecast News) - Reach reported modest digital revenue growth in its third quarter on Tuesday, partially offsetting continued print declines, as the publisher pressed ahead with its restructuring plan to support future growth.
Ninety One reports rise in assets under management
(Sharecast News) - Ninety One reported a rise in assets under management in the second quarter on Tuesday, with total assets lifting to £152.1bn as at 30 September, up from £139.7bn at the end of June and £127.4bn a year earlier.
Ashmore reports 2pc rise in assets under management
(Sharecast News) - Ashmore Group reported a 2% rise in assets under management in its first quarter on Tuesday, supported by strong investment performance and improving investor sentiment towards emerging markets.
IntegraFin reports record assets on its Transact platform
(Sharecast News) - IntegraFin reported a solid finish to its financial year on Tuesday, with record assets on its Transact investment platform and sharply higher inflows, as continued technology enhancements and adviser demand drove growth.
Bytes Technology revenue rises, operating profit falls
(Sharecast News) - Bytes Technology Group shares were falling on Tuesday morning, after it reported a rise in revenue and gross invoiced income but a fall in operating profit, as the software and cloud services provider adjusted to structural and industry changes.
Morgan Advanced Materials warns of lower FY sales, shares slide
(Sharecast News) - Morgan Advanced Materials tumbled on Tuesday after it warned that full-year sales would drop as demand in semiconductor markets has remained weak.
MSC denies interest in easyJet investment - report
(Sharecast News) - Logistics firm Mediterranean Shipping Company (MSC) has reportedly denied interest in making an investment in budget airline easyJet.
Target Healthcare eyes acquisitions as it posts 'solid' full-year numbers
(Sharecast News) - Target Healthcare Reit confirmed plans to continue expanding its portfolio on Tuesday, despite challenging market conditions, as it posted what it called "solid" full-year numbers.
Robert Walters Q3 net fee income falls 12%
(Sharecast News) - Robert Walters posted a drop in third-quarter net fee income on Tuesday as conditions in Europe remain challenging, although it was a marginal improvement on the previous quarter.
Mitie upgrades full-year guidance, resumes shareholder returns
(Sharecast News) - Mitie Group upgraded its full-year profit guidance and resumed shareholder returns with a new £100m buyback on Tuesday, after strong first-half growth driven by new contract wins and the acquisition of compliance services group Marlowe.
Close Brothers lifts motor finance redress provision to £300m
(Sharecast News) - https://www.sharecast.com/news/news-and-announcements/lloyds-hikes-motor-finance-redress-costs-by-pound800m--21030766.htmlClose Brothers said on Tuesday that it was increasing its motor finance redress provision to £300m following the Financial Conduct Authority's ruling on the scandal last week.
THG reiterates outlook following bumper third quarter
(Sharecast News) - THG confirmed full-year guidance on Tuesday, after strong demand for beauty advent calendars and an improving performance Stateside boosted third-quarter numbers.
Bellway announces £150m share buyback as FY profits rise
(Sharecast News) - Housebuilder Bellway announced the launch of a £150m share buyback on Tuesday as it reported a jump in full-year profit and revenue as completions grew despite "ongoing challenges" for the industry.
Rio Tinto on track to hit 2025 production targets
(Sharecast News) - Rio Tinto said it remains on track to hit production targets this year as it upgraded its bauxite guidance, though iron ore shipments in the third quarter were more or less flat.
BP flags higher third-quarter production
(Sharecast News) - Energy major BP guided for higher third-quarter production on Tuesday, but flagged a weaker oil trading result and lower gas prices.
GSK shingles vaccine approved for expanded use in China
(Sharecast News) - Pharma giant GSK has received regulatory approval in China to expand the use of its Shingrix shingles vaccine, the company announced on Tuesday.
Argentex founder gets Macquarie backing for new venture - report
(Sharecast News) - The founder of Argentex Group, the foreign exchange firm which collapsed earlier this year, has reportedly secured backing from Australia's Macquarie for his latest venture.
Broadcom surges on OpenAI collaboration
(Sharecast News) - Broadcom surged on Monday after it and OpenAI announced a collaboration for 10 gigawatts of custom AI accelerators.
Berenberg upgrades M&G to 'buy' as it turns attention to UK life insurers
(Sharecast News) - Berenberg upgraded M&G on Monday as it turned its attention to UK life insurance stocks
Car makers go on trial in UK over diesel testing claims
(Sharecast News) - Legal action against some of the world's biggest car makers got underway in London on Monday, over claims they cheated on diesel emissions tests.
Tuesday preview: UK employment, US banks, Powell in focus
(Sharecast News) - All eyes on Tuesday will be on the latest UK employment and wage data.
Canaccord Genuity hikes target price on Hochschild Mining
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on Hochschild Mining from 350p to 465p on Monday, noting that the group's deleveraging timeframe had been "significantly shortened".
RBC Capital resumes coverage of Aviva at 'outperform'
(Sharecast News) - RBC Capital Markets resumed coverage of Aviva on Monday with an 'outperform' rating and 800p price target.
Heathrow passenger numbers jump in September
(Sharecast News) - More than 7m passengers travelled through Heathrow Airport last month, the hub said on Monday, making it the busiest September on record.
Cirata secures $3.1m deal with US insurer
(Sharecast News) - Cirata announced on Monday that it has secured a $3.1m, three-year data integration software contract with an unnamed leading US insurer, marking the largest direct contract in the company's history.
Big Yellow surges as Blackstone says it's considering bid
(Sharecast News) - Big Yellow Group surged on Monday after private equity firm Blackstone confirmed it is considering a possible offer for the self-storage company.
LSEG deepens Microsoft partnership with AI data integration
(Sharecast News) - London Stock Exchange Group announced a new phase of its strategic partnership with Microsoft on Monday, in a bid to transform how financial institutions access and use LSEG's licensed data through Microsoft's AI platforms.
Tritax Big Box to buy portfolio of logistics assets from Blackstone for £1.04bn
(Sharecast News) - Tritax Big Box REIT said on Monday that it has exchanged contracts to buy a "high-quality" portfolio of logistics assets valued at just £1.04bn from US private equity firm Blackstone.
Shawbrook lays out plans for November IPO
(Sharecast News) - Shawbrook Group confirmed plans to float on the London Stock Exchange in early November on Monday, aiming to raise £50m from new shares in what was expected to be the largest London initial public offering of the year.
Tristel upbeat on US potential after solid full-year results
(Sharecast News) - Infection prevent products group Tristel has raised its dividend after reporting strong growth in annual profits and a double-digit increase in revenue, as the company delivered an update outlook, driven by strong demand in the US.
Costain secures £1bn contract with Sellafield
(Sharecast News) - Costain announced on Monday that it has been selected by Sellafield as its utilities delivery partner, a major part of Sellafield's Infrastructure Delivery Partnership (IDP), in a contract worth up to £1bn.
IP Group 'encouraged' by Metsara obesity drug trial
(Sharecast News) - IP Group said it is "encouraged" by the results of a recent clinical trial of a Metsara obesity drug, which could result in future sustainable royalties if approved by regulators.
William Hill owner Evoke to shut one in ten betting shops - report
(Sharecast News) - William Hill owner Evoke is reportedly gearing up to shut about one in ten of its betting shops in the new year as it battles to reverse its fortunes.
US tariffs weigh heavily on Oxford Instruments
(Sharecast News) - Oxford Instruments confirmed a fall in first-half revenues on Monday, sending shares in the specialist technology firm sharply lower, after it was hit hard by US tariffs.
Lloyds hikes motor finance redress costs by £800m
(Sharecast News) - Lloyds has announced it is putting aside a further £800m to cover compensation costs related to the motor finance mis-selling scandal.
Aptamer wins contract with 'top 10' repeat customer
(Sharecast News) - Life sciences group Aptamer on Monday announced a new fee-for-service development contract with an unnamed top 10 global pharma company.
L&G names Scottish Widows' Scott Wheway as chairman
(Sharecast News) - Financial services firm Legal & General revealed on Monday that Scott Wheway will succeed John Kingman as chairman following the group's next annual general meeting on 21 May 2026.
AstraZeneca to cut US drug prices in key White House deal
(Sharecast News) - AstraZeneca has struck a deal with the White House to cut drugs prices in America, allowing it to avoid steep tariffs on US imports.
Jefferies downgrades HSBC, 'not enamoured' with terms of HSB take-private
(Sharecast News) - Jefferies downgraded HSBC on Friday to 'hold' from 'buy' on news it is planning to take Hang Seng Bank private in a deal that values the lender at 290 billion Hong Kong dollars ($37bn).
KBW downgrades Aviva to 'underperform'
(Sharecast News) - KBW downgraded Aviva to 'underperform' on Friday, with an unchanged price target of 650p, which offers around 5% downside, after a strong run in the share price.
CMA gets greater control over how Google operates search engine
(Sharecast News) - Google could be forced to change the way its search engine operates in the UK to give people more choice to use an alternative.
Berenberg slashes B&M target price but remains upbeat
(Sharecast News) - Berenberg has slashed its target price for B&M by almost a quarter after a profit warning from the discount retailer this week, but kept a 'buy' rating on the stock on the back of its "deep value".
Citi puts Sage Group shares on 'positive catalyst watch' into FY results
(Sharecast News) - Sage Group rallied on Friday after Citi placed the shares on 'positive catalyst watch' into full-year results in November, saying it expects a "better-than-feared" update.
VP delivers 'solid' H1 despite 'challenging' macro conditions
(Sharecast News) - Equipment rental firm VP reported a "solid first half" performance on Friday, against a "challenging macro-economic backdrop".
Berenberg starts coverage of Xaar at 'buy', shares spark
(Sharecast News) - Berenberg started coverage of Xaar on Friday with a 'buy' rating and 160p price target.
RBC Capital starts coverage of Keller at 'sector perform'
(Sharecast News) - RBC Capital Markets initiated coverage of Keller Group on Friday with a 'sector perform' rating and 1,540p price target.
Premier Miton upbeat on outlook but reports net ouflows in Q4
(Sharecast News) - Premier Miton reported net outflows over its fourth quarter, causing shares to drop sharply on Friday despite a confident outlook from the fund manager.
Princes Group confirms London IPO
(Sharecast News) - Princes Group is to debut on the London market, the canned food specialist confirmed on Friday, as it looks to fund an acquisition spree.
Hays expects macro uncertainty to impact rest of year
(Sharecast News) - Recruitment firm Hays said it experienced the typical recovery in post-summer activity in its first quarter, but expects ongoing macroeconomic uncertainty to weigh on its performance over the remainder of the year.
Ibstock warns on soft market conditions as clay and concrete sales disappoint
(Sharecast News) - Building products manufacturer Ibstock reported weaker-than-expected demand in its core construction markets during the third quarter amid a "more uncertain near-term backdrop".
JTC extends takeover talks with Warburg Pincus
(Sharecast News) - JTC has extended possible takeover talks with suitor Warburg Pincus, the fund solutions provider confirmed on Friday.
Berenberg trims Flutter target price on gaming sector review
(Sharecast News) - Analysts at Berenberg lowered their target price on bookmaker Flutter Entertainment from 24,700p to 24,200p on Thursday as they took a fresh look at the gaming sector.
S&U upbeat on outlook as interim profits rise
(Sharecast News) - Specialist motor and property financier S&U reported a jump in interim profit on Thursday as it struck an upbeat note on the outlook.
Close Brothers sees 'material increase' to existing motor finance provisions
(Sharecast News) - Close Brothers shares tanked on Thursday as it warned that the Financial Conduct Authority's motor finance redress scheme would result in a "material increase" to its existing provision of £165m.
Lloyds buys remaining stake in SPW from Schroders
(Sharecast News) - Lloyds Banking Group said on Thursday that it has bought the remaining stake in its wealth management and advice business joint venture with Schroders, Schroders Personal Wealth (SPW).
Friday preview: US consumer confidence, Fed speak in focus
(Sharecast News) - The market spotlight at the end of the week will continue to be on the US.
Treatt FY sales and profits in line with revised guidance
(Sharecast News) - Extracts and ingredients manufacturer Treatt said on Thursday that full-year revenues and profits would be in line with revised expectations.
Deutsche Bank takes 'leap of faith', upgrades Burberry and LVMH
(Sharecast News) - Deutsche Bank upgraded Burberry and LVMH on Thursday as it took a look at European luxury stocks, saying it was "taking the leap of faith".
Secure Trust Bank warns on profits, points to vehicle finance division
(Sharecast News) - Secure Trust Bank tumbled on Thursday as it warned on profits due to the performance of its non-core vehicle finance division, but insisted the core business continues to trade in line with expectations.
Intercede flags lower H1 revenue amid US contract delays, FX headwinds
(Sharecast News) - Cybersecurity company Intercede said on Thursday that first-half revenues were expected to have fallen year-on-year, reflecting temporary delays in contract awards and adverse currency movements, particularly in the US federal market.
UK retail footfall continues to slump ahead of Budget
(Sharecast News) - Weak consumer confidence and uncertainty arising from the upcoming Autumn Budget prompted a steeper drop in footfall across the UK's high streets, retail parks and shopping centres in September, according to data from the British Retail Consortium on Friday.
Hostelworld reiterates guidance after solid Q3
(Sharecast News) - Shares in Hostelworld rose strongly on Thursday after online travel agent reiterated its full-year guidance after an improvement in trading in the third quarter.
Motorpoint H1 profits surge on record summer volumes
(Sharecast News) - Automotive retailer Motorpoint said on Thursday that "positive momentum" had continued throughout the six months ended 30 September, with pre-tax profits surging on the back of record retail volumes in July and August.
Mobico surges on Saudia Arabia contract win
(Sharecast News) - Mobico surged on Thursday as it announced that its ALSA subsidiary, as part of a joint venture, has won an eight-year capital-light contract in the Kingdom of Saudia Arabia, with a total contract value of €500m revenue.
Johnson Matthey lifts full-year outlook for operating profit
(Sharecast News) - Johnson Matthey said on Thursday that full-year underlying operating profit was set to be at the higher end of initial guidance for mid single digit growth.
Hammerson bond issuance sees strong investor demand
(Sharecast News) - Retail-focused property group Hammerson has reported solid momentum in the third quarter as it announced strong investor demand for a new bond offering.
Grainger delivers 'another year of strong rental income growth'
(Sharecast News) - Residential property business Grainger said on Thursday it had delivered a strong full-year performance, with occupancy at 98.1% and like-for-like rental growth of 3.6%.
Volution boosted by Fantech acquisition as full-year profits rise
(Sharecast News) - Volution reported a rise in full-year profit and revenue on Thursday, boosted by its acquisition of Fantech in Australasia.
SSP revenues hit £3.7bn as turnaround efforts continue in France and Germany
(Sharecast News) - Food and beverage outlet operator SSP Group said on Thursday that both revenue and profits had increased in the year ended 30 September, despite a moderation in passenger number growth in the second half.
Lloyds expects 'material' extra provisions for motor finance redress
(Sharecast News) - Lloyds has revealed it will need "material" additional provisions to provide redress to customers in the motor finance mis-selling scandal.
BoE warns over risk of AI bubble in financial markets
(Sharecast News) - The Bank of England warned on Wednesday of the risk of an Artificial Intelligence bubble in financial markets.
London IPO activity subdued in Q3, but confidence builds
(Sharecast News) - New listings activity on the London Stock Exchange was "muted" in the third quarter, according to new figures out from EY on Thursday, though confidence is starting to build as market conditions stabilise.
Berenberg upgrades Anglo American, downgrades Glencore
(Sharecast News) - Berenberg upgraded Anglo American and downgraded Glencore on Wednesday as it took a look at the metals and mining sector.
Hargreaves Lansdown co-founder to step down from board
(Sharecast News) - Hargreaves Lansdown co-founder Peter Hargreaves will step down from the board after the investment platform agreed to be taken over by a private equity consortium for £5.4bn.
WH Ireland says shareholders likely to block sale of wealth management arm
(Sharecast News) - WH Ireland said on Wednesday that it looked likely shareholders would block the £1m sale of its wealth management arm at a general meeting on Thursday.
JPMorgan reiterates 'underweight' on B&M after profit warning
(Sharecast News) - JPMorgan Cazenove reiterated its 'underweight' rating on B&M European Value Retail on Wednesday and trimmed the price target to 205p from 207p following the discount retailer's profit warning a day earlier.
Cooks Coffee agrees partnership deal with Tesco Ireland
(Sharecast News) - Cooks Coffee Company is to open outlets in five of supermarket giant Tesco's Irish stores, the cafe chain announced on Wednesday.
Bestselling Bloomsbury author lands major Hollywood deal
(Sharecast News) - Walt Disney Studios has snapped up the rights to author Katherine Rundell's Impossible Creatures series of children's books, her publisher Bloomsbury Publishing confirmed on Wednesday.
Thursday preview: Powell, US Long-Bond auction in focus
(Sharecast News) - Thursday will see the US Federal Reserve remain in focus with its head, Jerome Powell, due to speak.
Greencore upgrades FY guidance following 'strong' Q4 performance
(Sharecast News) - Convenience foods manufacturer Greencore upgraded its full-year profit guidance on Wednesday after it delivered "another strong quarter" in the three months ended 26 September, with both fourth-quarter and FY group revenues up 8%.
Marston's sees FY profit ahead of market expectations
(Sharecast News) - Pub group Marston's said on Wednesday that full-year underlying pre-tax profit was set to be ahead of market expectations.
IP Group portfolio company acquired by CoreWeave
(Sharecast News) - Intellectual property investor IP Group said on Wednesday that portfolio company Monolith will be acquired by Nasdaq-listed CoreWeave for an undisclosed sum.
Bunzl expands catering and hygiene footprint with two acquisitions
(Sharecast News) - International distribution and services firm Bunzl said on Wednesday that it has completed its sixth and seventh acquisitions of the year, strengthening its presence in the catering and hygiene sectors across Europe.
Lenders to pay £11bn redress in motor finance scandal, FCA rules
(Sharecast News) - Lloyds Banking Group has said it is "assessing the implications" of an announcement by the Financial Conduct Authority to charge motor finance lenders £11bn in compensation for unfair practices.
Serica Energy flags production hit after Triton FPSO flare issue
(Sharecast News) - Upstream oil and gas firm Serica Energy said on Wednesday that production from the Dana Petroleum-operated Triton FPSO was temporarily suspended from 30 September due to a flare system issue.
Unite Group holds FY outlook despite softer rental growth
(Sharecast News) - Student accommodation provider Unite Group said on Wednesday that 95.2% of beds for the 2025/26 academic year were now sold, down from 97.5% at the same time a year earlier.
Anglo American backs Teck deal despite production issues
(Sharecast News) - Anglo American said its blockbuster tie-up with Teck Resources remained firmly on track on Wednesday, despite the Canadian target cutting its full-year production guidance.
NYSE owner Intercontinental Exchange to invest up to $2bn in Polymarket
(Sharecast News) - New York Stock Exchange owner Intercontinental Exchange said on Tuesday that it has agreed to invest up to $2bn in Polymarket, a prediction market and information platform tracking event probabilities across markets, politics, sport and culture.
Metro Bank customers report payment issues
(Sharecast News) - Payment services at Metro Bank were hit by technical issues on Tuesday, with some customers reporting duplicate transactions or not being able to send or receive money.
JPMorgan starts Lion Finance Group at 'overweight'
(Sharecast News) - JPMorgan Cazenove started coverage of Lion Finance Group - formerly Bank of Georgia - on Tuesday with an 'overweight' rating and 9,200p price target.
RBC Capital cuts target price on Warpaint
(Sharecast News) - RBC Capital Markets has more than halved its target price for Warpaint London, after the AIM-listed cosmetics firm cut its full-year guidance.
JPMorgan places M&S on 'positive catalyst watch', reiterates 'overweight' rating
(Sharecast News) - JPMorgan Cazenove reiterated its 'overweight' rating on Marks & Spencer on Tuesday and placed the shares on 'positive catalyst watch' ahead of first-half results and the Capital Markets Day next month.
Berenberg sees long-term upside at CVS Group
(Sharecast News) - Berenberg has reiterated a 'buy' rating on CVS Group after the veterinary services company's well-received full-year results on Tuesday, saying it sees both short and long-term opportunities for investors.
Bernstein double upgrades Rentokil to 'outperform', hikes price target
(Sharecast News) - Bernstein doubled upgraded Rentokil Initial on Tuesday to 'outperform' from 'underperform' and hiked the price target to 570p from 313p, saying it sees signs of inflecting organic revenue growth.
CVS shares jump after 'strong start' to new year
(Sharecast News) - Full-year results from CVS Group were well received by the market on Tuesday as the veterinary services group announced a "strong start" to the new financial year, helped by its continued expansion strategy in Australia.
United Oil & Gas raises funds to accelerate hydrogen projects, shares drop
(Sharecast News) - The share price of UK Oil & Gas dropped on Tuesday morning after the company announced it further funding for hydrogen projects by its wholly owned subsidiary UK Energy Storage (UKEn).
RBC Capital says Quilter is potential takeover target for Lloyds, shares jump
(Sharecast News) - Quilter shot to the top of the FTSE 250 on Tuesday as RBC Capital Markets suggested it could be a potential takeover target for Lloyds.
Funding Circle shares rise on settlement of Azzurro loans dispute
(Sharecast News) - Shares in Funding Circle rose on Tuesday after the SME finance platform reported a "favourable" settlement of proceedings in a long-running legal case.
Oxford Biomedica acquires US viral vector facility
(Sharecast News) - Cell and gene therapy outfit Oxford Biomedica said on Tuesday that it had agreed to acquire a viral vector manufacturing site in Rockville, Maryland, from ABL for $60m in cash, expanding its US footprint and strengthening its contract development and manufacturing offering.
Net outflows reach £1.2bn at Liontrust
(Sharecast News) - Shares in Liontrust Asset Management came under pressure on Tuesday, after quarterly outflows topped £1.2bn.
JLR to restart UK production, suppliers offered upfront payments
(Sharecast News) - British carmaker Jaguar Land Rover said on Tuesday that it will begin restarting production at several UK sites from Wednesday, following a near six-week shutdown triggered by a major cyber attack.
Hochschild backs Tiernan's reverse takeover of Railtown, CAD $35m raise planned
(Sharecast News) - Silver and gold mining business Hochschild Mining said on Tuesday that its Tiernan Gold subsidiary had entered into a definitive agreement to complete a reverse takeover of Railtown Capital, with the combined entity to be renamed Tiernan Gold Corp on completion.
Ineos to cut 60 jobs at Hull plant, blames high energy costs and Chinese imports
(Sharecast News) - Sir Jim Ratcliffe's chemicals firm Ineos said on Tuesday that it plans to cut 60 jobs at its acetyls plant in Hull due to "sky-high" energy costs and anti-competitive trade practices, "as importers 'dump' product into the UK and European markets".
PRS Reit sees income, revenues spark
(Sharecast News) - The PRS Reit posted a jump in revenues and rental income on Tuesday, as the property firm moved towards a planned £646m takeover.
Telecom Plus backs full-year guidance
(Sharecast News) - Telecom Plus backed its full-year guidance on Tuesday as it said compound double-digit customer growth continued and the cross-sell into acquired TalkTalk customers has exceeded expectations.
LondonMetric lifts dividend as rental income jumps 14pc
(Sharecast News) - Real estate investment trust LondonMetric Property said on Tuesday that it had delivered strong rental and dividend growth in the six months ended 30 September, supported by recent acquisitions and resilient portfolio performance.
Rio Tinto to invest $733m in West Angelas iron ore expansion
(Sharecast News) - Mining giant Rio Tinto said on Tuesday that it will invest $733m alongside joint venture partners Mitsui and Nippon Steel to develop new iron ore deposits at the West Angelas hub in Western Australia's Pilbara region, with Rio's share totalling $389m.
Shell says Q3 oil and gas trading recovered
(Sharecast News) - Shell guided towards higher third quarter revenues from trading, sending its shares higher.
AstraZeneca's Baxdrostat hits Phase III endpoint in resistant hypertension
(Sharecast News) - Drugmaker AstraZeneca said on Tuesday that Baxdrostat had met its primary endpoint in the Bax24 Phase III trial, delivering a "statistically significant and clinically meaningful reduction" in 24-hour ambulatory systolic blood pressure in patients with resistant hypertension.
GPE reaffirms outlook on strong first half
(Sharecast News) - Great Portland Estates reiterated its full-year guidance on Tuesday, boosted by strong leasing activity during the first half.
Wednesday preview: Central banks, Fed minutes in focus
(Sharecast News) - Investor focus in the middle of the week will continue to be on central banks, especially the US Federal Reserve.
B&M launches turnaround plan after weak UK sales performance
(Sharecast News) - Discount retailer B&M said it expects full-year profits to fall by up to 18% after reporting weaker-than-expected underlying sales in the UK in the first half.
Imperial Brands on track to meet FY guidance
(Sharecast News) - Tobacco giant Imperial Brands said on Tuesday that it remained on track to meet full-year guidance, supported by growth across both its tobacco and next-generation product categories.
Canaccord Genuity raises Zephyr Energy price target on reserves uplift
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on exploration and production firm Zephyr Energy from 10.5p to 14p on Monday, following the outcome of the Sproule competent person's report undertaken on the Paradox's Cane Creek reservoir of the White Sands Unit.
New UK car sales jump as BEV demand hits record level
(Sharecast News) - New UK car sales rose strongly in September, with battery electric and hybrid vehicles collectively accounting for more than half of all registrations, according to the Society of Motor Manufacturers and Traders (SMMT).
'Challenging' conditions hit earnings at Mondi, shares plunge
(Sharecast News) - Shares in Mondi crumpled on Monday after the packaging and paper group warned weak demand and failing prices had hit earnings.
AstraZeneca announces positive results from breast cancer drug trial
(Sharecast News) - AstraZeneca and Japan's Daiichi Sankyo announced on Monday that their jointly developed Datroway breast cancer treatment achieved positive results in a phase III trial.
Shawbrook Group to list on London market
(Sharecast News) - Shawbrook Group is set to return to the London market, the specialist lender confirmed on Monday, in what could be one of the City's biggest listings so far this year.
Berenberg slightly lowers target price on Hilton Food following Fairfax Meadow sale
(Sharecast News) - Analysts at Berenerg lowered their target price on Hilton Food Group from 1,100p to 1,090p on Monday following its divestment of Fairfax Meadow, noting that it was part of a broader strategic evaluation of its strengths, which it reckons the market should be encouraged by.
Tuesday preview: Fedspeak, German factory orders in focus
(Sharecast News) - The market spotlight on Tuesday will be on a spate of Fed speakers who are scheduled to speak throughout the afternoon.
Sirius reiterates full-year guidance
(Sharecast News) - Sirius Real Estate reiterated full-year guidance on Monday, despite the weaker economic backdrop weighing on UK valuations.
Speedy Hire signs 'transformational' deal with HSS Hire subsidiary
(Sharecast News) - Tools and equipment hire group Speedy Hire has announced a "transformational" commercial agreement with HSS Hire's ProService which will see it take a minority stake in the building services marketplace.
Ferrexpo Q3 output lifted by strong Chinese demand
(Sharecast News) - Mining giant Ferrexpo reported a modest rise in third-quarter output on Monday, as strong Chinese demand for high-grade concentrate helped offset reduced pellet production amid liquidity constraints.
Aston Martin warns on profits as US tariffs dent demand
(Sharecast News) - Aston Martin Lagonda Global Holdings warned on profits and launched an immediate review of costs on Monday, after US tariffs crashed third-quarter demand.
Tuna brand Princes unveils plans for London IPO
(Sharecast News) - The Italian owner of canned-tuna and ready-meals group Princes has announced plans to list the company on the London Stock Exchange.
Spreadex reaches agreement with competition watchdog
(Sharecast News) - Spreadex looked set to offload Sporting Index, it was confirmed on Friday, after the competition watchdog ruled the 2023 takeover had created a monopoly.
CVC to snap up stake in chain of private schools
(Sharecast News) - CVC is to buy into a chain of international private schools, it was announced on Friday, after striking a deal with Partners Group.
Canaccord Genuity lifts target price on Serica Energy following Prax asset deal
(Sharecast News) - Canaccord Genuity raised its target price on Serica Energy from 215p to 240p on Friday following the group's acquisition of upstream assets from Prax E&P, which recently entered administration.
Berenberg raises target price on Morgan Sindall
(Sharecast News) - Analysts at Berenberg raised their target price on construction outfit Morgan Sindall from 5,000p to 5,250p on Friday, following the group's revelation that its full-year results would be significantly ahead of previous expectations.
Headlam CEO resigns as board steps up turnaround strategy
(Sharecast News) - The chief executive of floor coverings distributor Headlam Group has announced his resignation as the company steps up its turnaround plans following a 60% plunge in its share price since the start of the year.
Shares spark as trading gets underway in Beauty Tech Group IPO
(Sharecast News) - Shares in The Beauty Tech Group rallied on Friday as the skincare specialist's £300m London debut got underway.
Big Technologies chair steps down after shareholder backlash
(Sharecast News) - AIM-listed Big Technologies has announced the resignation of Alexander Brennan from its board following calls from shareholders to oust the non-executive chair.
Profits, sales jump at JD Wetherspoon
(Sharecast News) - Pubs chain JD Wetherspoon posted a jump in full-year sales and profits on Friday, despite a slew of higher costs.
UBS upgrades 3i to 'buy', highlights sustainable growth at Action
(Sharecast News) - UBS upgraded 3i Group on Thursday to 'buy' from 'neutral' and lifted the price target to 4,700p from 4,450p, highlighting sustainable growth at Action.
Friday preview: US govt shutdown delays payrolls report; Wetherspoons results in focus
(Sharecast News) - What was meant to be the highlight of the week in terms of macro news will no longer be released on Friday, with the latest non-farm payrolls report delayed due to the US government shutdown.
Shares in Fermi soar as investors back data centre start-up
(Sharecast News) - Shares in Fermi Inc rocketed on Thursday, after trading in the real estate investment trust's dual-listed stock got underway.
ICG to shake up performance fee recognition
(Sharecast News) - ICG is changing how it recognises performance fees, the alternative asset manager confirmed on Thursday.
Ibstock appoints group financial controller Simon Bedford as interim CFO
(Sharecast News) - Building products manufacturer Ibstock said on Thursday that it has appointed Simon Bedford as interim chief financial officer until the process to appoint a permanent successor to Chris McLeish has been concluded.
RBC Capital starts PensionBee at 'sector perform'
(Sharecast News) - RBC Capital Markets initiated coverage of PensionBee on Thursday with a 'sector perform' rating and 170p price target.
Rockwood Strategic confident despite 'doom and gloom'
(Sharecast News) - Total returns at Rockwood Strategic sparked in the first half, the investment trust said on Wednesday, despite what it called "widespread doom and gloom".
Experian slides amid worries about US data anlytics firm Fair Isaac's new program
(Sharecast News) - Experian slumped on Thursday after US peers Equifax and TransUnion were hit by news that US analytics software firm Fair Isaac was launching a new program that will give tri-merge resellers the option to calculate and distribute FICO scores directly to their customers.
Experian slides on worries about US data anlytics firm Fair Isaac's new program
(Sharecast News) - Experian slumped on Thursday after US analytics software firm Fair Isaac announced the launch of a new program that could make US lenders less reliant on credit agencies.
3i Group considers sale of data centre maintenance provider Evernex - report
(Sharecast News) - Private equity firm 3i Group is reportedly exploring exit options including a sale for Evernex, a French provider of third-party maintenance services for data centre infrastructure.
Shawbrook to test market appetite with revived London float
(Sharecast News) - Retail banking business Shawbrook was reportedly preparing to revive its long-awaited initial public offering, with private equity owners BC Partners and Pollen Street Capital expected to issue an intention to float as early as Thursday.
Thames Water creditors submit latest rescue plan
(Sharecast News) - Lenders to Thames Water have submitted a fresh rescue plan for the embattled utility, it was confirmed on Thursday, as they look to stave off nationalisation and turn the company around.
SSE points to sharp drop in half-year earnings
(Sharecast News) - Perth-based energy company SSE said it expects first-half profits to fall by up to a third, but is guiding to growth over the full year with the majority of annual earnings being delivered in the second half.
Berenberg starts Jadestone Energy at 'buy'
(Sharecast News) - Analysts at Berenberg initiated coverage on exploration and production firm Jadestone Energy with a 'buy' rating and 68p target price on Thursday, stating the stock was "a jewel in the making".
Wizz Air passenger numbers grow 8.8pc in September
(Sharecast News) - Low-cost carrier Wizz Air said on Thursday that it had carried 6.265m passengers during September, up 8.8% year-on-year.
UK Oil & Gas raises £3m in share placing
(Sharecast News) - UK Oil & Gas has raised £3m to help further support its transition away from fossil fuels, the energy developer confirmed on Thursday.
National Grid on track to hit half-year forecasts
(Sharecast News) - Electricity distribution group National Grid said it expects half-year results for the six months to 30 September to be in line with expectations.
Dr Martens enters UAE with Beside Group partnership
(Sharecast News) - Iconic bootmaker Dr Martens said on Thursday that it has entered the UAE for the first time through a distribution partnership agreement with Beside Group, and expanded its presence in Latin America by partnering with Crosby.
Morgan Sindall FY results seen 'significantly ahead' of previous expectations
(Sharecast News) - Construction group Morgan Sindall said on Thursday that it now expects its full-year results to come in "significantly ahead" of previous expectations, following a continued strong performance from its Fit Out division.
Workspace sells Morie Street and Castle Lane assets for £22.4m
(Sharecast News) - Real estate investment trust Workspace has completed the sale of its Morie Street asset in Wandsworth and exchanged contracts on the sale of Castle Lane in Victoria for a combined total of £22.4m.
Pennon taps Keith Haslett for CEO
(Sharecast News) - Water utility firm Pennon announced the appointment of Keith Haslett as chief executive officer on Thursday, succeeding Susan Davy, who has served as CEO since 2020.
Tesco lifts full-year outlook on strong first half
(Sharecast News) - Supermarket giant Tesco lifted its full-year guidance on Thursday, after a strong first half fuelled by the warm summer weather.
Berenberg maintains 'buy' rating on Ecora Resources
(Sharecast News) - Analysts at Berenberg took a fresh look at natural resource royalty and streaming company Ecora Resources on Wednesday after the stock rallied 18% over the past month.
Pulsar Helium shares jump on 'landmark discovery' in Minnesota
(Sharecast News) - Shares in London and Toronto-listed helium company Pulsar surged by more than a quarter on Wednesday after the company reported a rare helium-3 discovery at its Topaz Project in Minnesota.
UK financial services downturn worsens in Q3, but outlook brighter
(Sharecast News) - Activity in the UK financial services industry has dropped by the sharpest rate in more than five years, according to a survey from the Confederation of British Industry on Thursday.
Canaccord Genuity hikes target price on Zegona Communications following FibreCo deal
(Sharecast News) - Analysts at Canaccord Genuity hiked their target price on telecommunications services provider Zegona Communications from 980p to 1,500p on Wednesday following the firm's €1.4bn FibreCo monetisation deal and the recent creation of €1.2bn in distributable reserves.
Business leader confidence hits record low - IoD
(Sharecast News) - Confidence among business leaders fell sharply last month, a survey showed on Wednesday, as higher costs and the uncertain economic outlook weighed heavily.
Kosmos Energy secures liquidity headroom with Shell-backed term facility
(Sharecast News) - Upstream oil company Kosmos Energy said on Wednesday that it has successfully completed its semi-annual re-determination of its reserve-based lending facility.
Trump's MFN deal with Pfizer could be bellwether for pharma sector, says JPM
(Sharecast News) - US President Donald Trump's 'Most Favoured Nation' deal with Pfizer could be a bellwether for the pharmaceutical sector and reassure investors over a broadly manageable impact, JPMorgan said in a research note
Convatec to expand R&D facilities in UK and US
(Sharecast News) - Convatec is to ramp up its research and development facilities in the UK and US, the medical products and technologies specialist said on Wednesday, as part of a $1bn decade-long investment plan.
Peel Hunt announces jump in 1H revenues
(Sharecast News) - Peel Hunt announced a jump in first half revenues and sounded an upbeat note on the outlook.
Petrofac restructuring on track as key talks continue
(Sharecast News) - Energy services firm Petrofac confirmed on Wednesday that key discussions with Samsung E&A and Saipem were advancing, as it inched towards completing long-running restructuring plans.
Howden Joinery slumps as Invesco sells 20.1m shares in placing
(Sharecast News) - Howden Joinery slumped on Wednesday after shareholder Invesco Asset Management placed about 20.1m shares in the company at 825p each.
Thursday preview: US jobs data, European debt auctions in the spotlight
(Sharecast News) - The market spotlight on Thursday will be on the US jobs market and what may be the last related indicator as a result of the federal government shutdown.
Diversified Energy to move primary listing to New York, retain secondary LSE listing
(Sharecast News) - Diversified Energy said on Wednesday that it plans to move its primary listing to the New York Stock Exchange, while retaining a secondary listing in London.
Topps Tiles delivers another record year as momentum builds in second half
(Sharecast News) - Tile retailer Topps Tiles said its strong trading performance continued throughout the second half, with revenues reaching a record high in four out of the past five years.
Higher costs dent profits at Shepherd Neame
(Sharecast News) - Shepherd Neame posted a fall in both revenues and profits on Wednesday, as inflationary pressures weighed on Britain's oldest brewer.
Greggs reports slowdown in sales but backs FY expectations
(Sharecast News) - Bakery chain Greggs reported a slowdown in sales on Wednesday, pinning the blame partly on a "heat-affected" July, but reiterating its outlook for the full year.
James Halstead makes margin progress amid tough conditions
(Sharecast News) - Flooring manufacturer and distributor James Halstead reported its strong profit margins in nine years despite a weaker top line over the year to 30 June, with the AIM-listed company pointing to "further progress" this year.
Taylor Wimpey on track but mindful of consumer uncertainty
(Sharecast News) - Taylor Wimpey has reiterated its guidance for 2025 after a "robust" sales performance over the third quarter, but said it was mindful of various issues currently affecting customer sentiment, such as the impact of the delayed autumn budget.
Tate & Lyle sinks on revenue and earnings warning
(Sharecast News) - Tate & Lyle warned on Wednesday that it anticipates a slowdown in market demand to weigh on its near-term performance, with interim group revenues now expected to be 3% to 4% lower in constant currency terms and underlying earnings seen a "high-single digit percent" lower.
BHP Group to invest in Olympic Dam to expand copper output
(Sharecast News) - BHP Group will invest further in its Olympic Dam project in order to boost its copper base and production of the metal.
Gambling stocks hit as Rachel Reeves hints at potential tax rises
(Sharecast News) - London-listed gambling stocks took a hit on Tuesday after chancellor Rachel Reeves hinted at potential gambling tax rises in the November budget.
Wednesday preview: Global factory PMIs, US ADP report in the spotlight
(Sharecast News) - Investor focus in the middle of the week will be a raft of manufacturing sector surveys due put around the world.
CRH reaffirms FY outlook, sets out financial targets over next 5 years
(Sharecast News) - Building materials provider CRH shot higher on Tuesday as it reaffirmed its full-year guidance and set out financial targets over the next five years.
AG Barr shares fall despite strong H1, but Peel Hunt stays at 'buy'
(Sharecast News) - Shares in AG Barr were weaker on Tuesday due to a lack of upgrades despite a strong first-half report from the Scottish soft drink and energy drink manufacturer, though Peel Hunt still kept its positive view on the stock.
Lindsey Oil Refinery to cut 125 jobs following Prax collapse
(Sharecast News) - Nearly a third of staff at the Lindsey Oil Refinery are set to be made redundant after the site was taken over by the official receiver in June, following the administration of owner Prax Group.
Germany's Döhler lifts stake in Treatt to just over 10%
(Sharecast News) - Döhler said on Tuesday that it has increased its stake in extracts and ingredients specialist Treatt to 10.02% from just under 3%.
Berenberg lowers target price on Pets at Home
(Sharecast News) - Analysts at Berenberg lowered their target price on 'hold' rated Pets At Home from 245p to 220p on Tuesday, stating the group's rebuild "will take time".
PayPoint to pay special dividend as Royal Mail owner IDS takes 49% stake in Collect+
(Sharecast News) - PayPoint rallied on Tuesday as it said that Royal Mail owner International Distribution Services has taken a 49% stake in Collect+ for £43.9m and announced a special dividend as a result of the deal.
Losses mount at Close Brothers, shares fall
(Sharecast News) - Shares in Close Brothers fell sharply in morning trading on Tuesday, after the specialist banking firm slumped into the red.
Amigo Holdings appoints joint liquidators
(Sharecast News) - Guarantor loan company Amigo Holdings said on Tuesday that it has appointed Chris Laverty and Sean Croston of Grant Thornton UK Advisory & Tax as joint liquidators to carry out voluntary liquidations of its subsidiaries.
Elementis CFO Ralph Hewins to retire after nine years
(Sharecast News) - Specialty chemicals company Elementis said on Tuesday that chief financial officer Ralph Hewins will be retiring after nine years in the role and will step down from his position at the end of the year.
Card Factory leaves guidance unchanged despite slide in first-half profits
(Sharecast News) - Retailer Card Factory reiterated its outlook for the critical second half on Tuesday, despite the hot summer weather and increased investment weighing on interim earnings.
AG Barr backs FY expectations as solid soft drinks performance underpins H1
(Sharecast News) - Irn-Bru maker AG Barr backed its full-year expectations on Tuesday as it hailed a strong first half, with a jump in revenue and profit underpinned by a solid performance from the soft drinks business, in particular Boost.
Smith & Nephew finance chief to move Stateside
(Sharecast News) - The chief financial officer of Smith & Nephew is to relocate to the US, the British medical devices firm said on Tuesday.
GENinCode lowers outlook, shares slide
(Sharecast News) - GENinCode warned on revenues on Tuesday, sending shares in the AIM-listed predictive genetics specialist sliding.
Legal & General CFO steps down after eight years
(Sharecast News) - Legal & General's chief financial officer of eight years has handed in his resignation, the insurance, retirement and investment group announced on Tuesday.
Assura delivers 'strong trading performance' in H1
(Sharecast News) - Real estate investment trust Assura said on Tuesday that it had delivered a "strong trading performance" over the first six months of the trading year, despite it being a "period of uncertainty" for the firm.
Asos sees FY profit towards lower end of guidance, shares slide
(Sharecast News) - Asos shares headed south early on Tuesday after it warned that full-year adjusted underlying earnings were expected to land towards the lower end of its £130m to £150m guidance range, while revenues were seen "slightly below" market expectations, as the online fashion retailer continued to navigate a subdued consumer backdrop.
Tuesday preview: Capitol Hill, China manufacturing in focus
(Sharecast News) - Investors' attention on Tuesday will be firmly on Capitol Hill and last-minute talks between lawmakers to try and avoid a partial shutdown of the federal government.
US pending home sales rise more than expected in August - NAR
(Sharecast News) - US pending home sales rose much more than expected in August, according to data released on Monday by the National Association of Realtors.
EQTEC shares surge as H1 losses ease
(Sharecast News) - Clean energy tech group EQTEC has warned of "near-term volatility" after external headwinds hit revenues in the first half, though losses was reduced significantly.
Video game maker Electronic Arts to be taken private in record $55bn deal
(Sharecast News) - US video game maker Electronic Arts said on Monday that it has agreed to be taken private for $55bn by a consortium comprising Saudi Arabia's Public Investment Fund, Silver Lake, and Affinity Partners.
Modella in deal to rescue half of Claire's UK, Ireland stores
(Sharecast News) - Private equity firm Modella Capital on Monday said it had agreed a deal to buy half of the UK and Irish stores of accessories chain Claire's from administrators, saving around 1,000 jobs although it warned of "inevitable" staffing cuts and shop closures.
Jaguar Land Rover to resume limited manufacturing 'in coming days'
(Sharecast News) - Jaguar Land Rover is to resume some manufacturing operations, the luxury car group confirmed on Monday, a month after a cyber attack halted its UK production lines.
Christie Group hikes dividend after swing to H1 profit
(Sharecast News) - Shares in Christie Group surged on Monday after the professional services firm raised its interim dividend by a half following a return to profitability in the first half and a solid update on current trading.
Canaccord Genuity raises target price on Gulf Keystone as exports resume
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on Gulf Keystone from 210p to 250p on Monday as it was set to start crude oil pipeline exports imminently, following the signing of formal agreements with the Kurdistan Regional Government and Federal Government of Iraq after exports had been shut-in since the end of March 2023.
Berenberg starts Rentokil at 'sell', points to challenges with Terminix integration
(Sharecast News) - Berenberg initiated coverage on Rentokil Initial on Monday with a 'sell' rating and 284p price target.
Polarean announces new deal with Virginia hospital
(Sharecast News) - Medical imaging tech group Polarean Imaging has announced a new supply agreement with the University of Virginia Health, giving shares of the AIM-listed outfit a bump on Monday.
Canaccord Genuity starts Capita at 'buy', shares shoot higher
(Sharecast News) - Capita shot higher on Monday as Canaccord Genuity started coverage of the stock at 'buy' with a 900p price target, saying the shares are cheap and should see a material re-rating.
AstraZeneca to list in New York, retain London listing
(Sharecast News) - Anglo-Swedish drugs giant AstraZeneca is to list directly on the New York Stock Exchange, it was announced on Monday.
Cooks Coffee UK systemwide sales store sales grow
(Sharecast News) - Coffee-focused café chain Cooks Coffee said on Monday that systemwide store sales in the UK and Ireland had increased by 26.9% in the six months ended 28 September, reflecting continued momentum across the company.
Carnival lifts full-year profit guidance
(Sharecast News) - Cruise operator Carnival lifted its annual profit guidance on Monday as it pointed to strong demand and posted record third-quarter results.
Alphawave IP new bookings fall on customer caution as interim losses pile up
(Sharecast News) - Connectivity tech group Alphawave IP, which in August announced the $2.4bn takeover by Qualcomm, released its interim results on Monday showing a big increase in losses and a significant drop in new bookings as a result of customer delays.
Great Portland Estates secures planning permission from Westminster Council
(Sharecast News) - Property developer Great Portland Estates has secured planning permission from Westminster Council for its fully managed scheme at Gresse Street, West London.
Berkeley Group promotes internal candidate to CFO
(Sharecast News) - Housebuilder Berkeley Group has announced the promotion of a divisional finance director to its chief financial officer position.
Hilton Food sells Fairfax Meadow Europe to Sysco for £54m
(Sharecast News) - Food packaging business Hilton Food Group has sold Fairfax Meadow Europe to Sysco GB, part of the Sysco Group, for £54m in cash.
Genuit buys Davidson for £49m
(Sharecast News) - Genuit said on Monday that it has bought Davidson - a business which comprises leading brands in the plumbing and heating sectors including Salamander Pumps, Cistermiser, Talon and Keraflo - for £49m.
CMC Markets strikes deal with Australia's Westpac
(Sharecast News) - Online trading platform CMC Markets said on Monday that it has struck a key deal with Australia's Westpac Banking Corporation.
Pets at Home appoints new CFO as Mike Iddon retires
(Sharecast News) - Pets at Home on Monday said chief financial officer Mike Iddon was retiring after nine years in the job and would be replaced by Sarah Pollard who joins from consumer goods group PZ Cussons.
Emma Walmsley to step down as chief executive of GSK
(Sharecast News) - Chief executive Emma Walmsley is to leave GSK, it was announced on Monday, after nearly a decade in the role.
Oracle Power shares jump on potential gold mine contract
(Sharecast News) - Oracle Power's share price rocketed on Friday after the natural resource and energy project developer announced it was in talks about a potential deal to progress operations at a part-owned gold miner in Western Australia.
NatWest COO Tippin to leave as leadership overhaul continues - report
(Sharecast News) - The chief executive of NatWest Group is reportedly continuing his overhaul of the bank's leadership months after it returned to full private sector ownership.
Canaccord Genuity raises target price on Seplat Energy
(Sharecast News) - Analysts at Canaccord Genuity have hiked their target price on exploration and production firm Seplat Energy from 465p to 550p following the firm's capital markets day on 18 September.
Fuel margins 'far above' historic highs - CMA
(Sharecast News) - Retail fuel margins remain "far above" historic levels, the UK competition watchdog warned on Friday.
Berenberg lifts target for Babcock, sees further upside to forecasts
(Sharecast News) - Berenberg has hiked its target price for Babcock from 1,360p to 1,440p and reiterated a 'buy' rating on the stock after raising estimates for the defence engineering business after this week's positive AGM update.
Gulf Keystone to resume exports through Iraq-Turkey pipeline
(Sharecast News) - Shares in Gulf Keystone Petroleum rallied on Friday, after the London-listed oil and gas producer confirmed it would resume international Kurdistan crude exports.
JPMorgan double upgrades InterContinental Hotels to 'overweight'
(Sharecast News) - InterContinental Hotels rallied on Friday after JPMorgan Cazenove double upgraded the stock to 'overweight' from 'underweight' and hiked the price target to 10,400 from 8,500p, saying it expects the narrative to turn more constructive.
Seeing Machines secures major UK bus contract as demand picks up
(Sharecast News) - Shares in AIM-listed Seeing Machines rose on Friday after the AI-powered operator monitoring systems group announced a "significant" five-year agreement with an unnamed UK bus manufacturer.
Trump to impose tariffs of 100% on branded drug imports
(Sharecast News) - Donald Trump is to impose tariffs of 100% on imports of pharmaceutical goods, it emerged on Friday, the latest salvo in the US president's global trade war.
Citi stays 'overweight' European banks; HSBC, Intesa and NatWest 'top picks'
(Sharecast News) - Citi highlighted HSBC, Intesa and NatWest as its top picks in the banking sector on Friday as it maintained its 'overweight' rating on European banks.
Digital 9 Infrastructure's shareholder returns expected early 2026 as wind-down continues
(Sharecast News) - Closed-end investment company Digital 9 Infrastructure, which has been implementing a managed wind-down of the company for the past 18 months, reported reported "strong progress" in its plans as losses narrowed significantly in the first half.
LPA Group lowers FY guidance
(Sharecast News) - Electro-mechanical components engineering firm LPA Group reduced both revenue and earnings expectations on Friday due to lower sales at its recently acquired Martek Power business unit and the customer-led delayed delivery of an aerospace contract.
Carclo on track to hit forecasts, but H1 trading mixed
(Sharecast News) - Carclo's share price dipped on Friday, pausing after an impressive year-to-date performance, after the precision engineering group said its full-year expectations remain unchanged.
Ceres Power slashes full-year sales guidance
(Sharecast News) - Clean energy group Ceres Power has scaled back its full-year sales guidance by nearly 40% after reporting weaker results for the first half.
Permira given extension on JTC offer as talks continue
(Sharecast News) - Permira has been given another month to make a firm offer for corporate services firm JTC as talks between the two boards continue on a fourth revised offer valuing the company at around £2bn.
Pennon set to return to profitability despite higher costs
(Sharecast News) - Pennon Group said on Friday that it remained on track to return to profitability, despite the hot summer weather ramping up costs.
Friday preview: US inflation, consumer confidence in focus
(Sharecast News) - Investors' focus at the end of the week will shift back to the inflation picture in the States.
Berenberg highlights recovery potential, cheap valuation at JD Sports
(Sharecast News) - Berenberg has reiterated a 'buy' recommendation for JD Sports despite an underwhelming set of interim results this week, citing the stock's low valuation and the company's potential for a recovery.
Ebury drawing up plans to revive £2bn London float - report
(Sharecast News) - Payments firm Ebury is reportedly drawing up plans to revive a £2bn London floatation in the first half of next year.
Canaccord Genuity cuts On The Beach forecasts after profit warning
(Sharecast News) - Canaccord Genuity has lowered its target price for On The Beach following a worse-than-expected end to its financial year, but has kept a 'buy' rating on the stock, citing improving growth momentum over the medium term.
DFS profits and revenue jump despite 'subdued' market
(Sharecast News) - DFS Furniture reported a jump in full-year profits and a reduction in debt on Thursday despite a "subdued" market.
Ticketmaster agrees to improve fee transparency amid CMA pressure
(Sharecast News) - Ticketing business Ticketmaster has pledged to improve price transparency following widespread criticism over the cost of tickets to Oasis' reunion tour.
SSP surges as Irenic Capital said to be drumming up take-private interest
(Sharecast News) - SSP shot higher on Thursday following a report that activist hedge fund Irenic Capital Management is trying to drum up interest in a take-private deal for the Upper Crust owner after lifting its stake.
Berenberg lowers target price on Baltic Classifieds
(Sharecast News) - Analysts at Berenberg lowered their target price on Baltic Classifieds from 395p to 360p on Thursday following the group's "very brief and unscheduled" AGM trading statement on 24 September.
Mothercare working on turnaround plan as annual profits sink
(Sharecast News) - Parent and baby products retailer Mothercare has said it is working on a "step change" in its business to return the brand to growth, following a disappointing set of annual results and weak start to the new financial year.
Future on track to meet FY guidance
(Sharecast News) - Publishing firm Future said on Thursday that it remains on track to achieve market expectations for full-year adjusted operating profits, while its organic revenue performance in the year ending 30 September was pegged to be broadly as expected.
Target Healthcare disposes of nine UK care homes, completes debt refinancing
(Sharecast News) - Real estate investment trust Target Healthcare said on Thursday that it has disposed of nine UK care homes above carrying value to an institutional purchaser.
IG reports organic customer growth but Q1 revenues slip
(Sharecast News) - Online trading group IG has reiterated its full-year guidance after reporting "good strategic progress" in the first quarter, though revenues were still lower than last year.
Co-op swings to H1 loss as it takes hit from cyber attack
(Sharecast News) - The Co-op said on Thursday that it swung to a loss in the first half after taking a hit from a cyber attack in April.
Petershill Partners to quit London stock market
(Sharecast News) - Petershill Partners is to delist from the London stock market, the British investment firm announced on Thursday, after concluding it was undervalued as a public company.
Eurowag slides as TA Associates offloads 61m shares in placing
(Sharecast News) - Eurowag slid on Thursday after TA Associates Management sold 61 million shares in the company in a placing.
Great Portland Estates CFO jumps ship to Savills
(Sharecast News) - Great Portland Estates has announced that its chief financial and operating officer has jumped ship to join estate agents Savills after 14 years with the London property group.
Vistry secures £50 government grant
(Sharecast News) - Vistry Group has secured a key grant from Homes England, the homebuilder confirmed on Thursday.
Comptoir cuts losses in first half despite subdued sales
(Sharecast News) - Restaurant group Comptoir almost broke even over the first half, reducing losses substantially despite only meagre sales growth, as the company kept a tight control on costs amid challenging conditions across the industry.
Mitchells & Butlers shares slide on weaker London sales, costs
(Sharecast News) - Shares in Mitchells & Butlers fell more than 7% on Thursday as news that weaker sales in London and at its premium businesses disappointed investors despite the pub and restaurant group holding annual guidance on the back of a 4.2% rise in like-for-like sales.
Babcock reiterates outlook on strong first half
(Sharecast News) - Defence contractor Babcock International reaffirmed its full-year outlook on Thursday after an "encouraging" start to the year.
Halma makes 'strong progress' in H1, hikes FY revenue guidance
(Sharecast News) - Life-saving technology company Halma said on Thursday that it had made "strong progress" in the first half, leading the group to increase its full-year revenue guidance.
Thursday preview: Fed speak, US data in focus
(Sharecast News) - Investor sentiment on Thursday will be a deluge of central bank speakers in the US.
BasePoint Capital sweetens takeover proposal for International Personal Finance
(Sharecast News) - International Personal Finance said on Wednesday that it had received a sweetened takeover proposal from US-based BasePoint Capital that it would be minded to recommend should a firm offer be made.
Goodwin shares jump on major submarine partnership
(Sharecast News) - Goodwin's stock price surged on Wednesday after the engineering conglomerate reported a big increase in activity and announced a "major" collaboration agreement with US defence group Northrop Grumman International Trading Inc. (NGIT).
Berenberg ups Kingfisher target price but keeps at 'hold'
(Sharecast News) - Berenberg has raised its target price for Kingfisher shares from 306p to 331p following the retailer's first-half results, but kept a 'hold' rating on the stock.
Berenberg raises target price on Pinewood Technologies
(Sharecast News) - Analysts at Berenberg raised their target price on Pinewood Technologies from 590p to 700p on Wednesday after the software-as-a-service provider's interim results earlier in the morning.
EnQuest confirms production guidance despite first-half loss
(Sharecast News) - North Sea oil producer EnQuest insisted it remained on track to meet full-year production guidance on Wednesday, despite a fall in output in the first half.
Pinewood Technologies H1 profits rise, new mid-term guidance set
(Sharecast News) - Pinewood Technologies posted a rise in first-half profit and revenue on Wednesday as it set new medium-term guidance, but shares fell as the company pointed to a one-time accounting impact and the delay of an implementation with automotive dealer Marshall.
Ofgem plans for standing charge reforms come under fire
(Sharecast News) - Plans by the UK's energy regulator to reform standing charges on consumer bills came under fire on Wednesday amid charges that the changes didn't go far enough or protect vulnerable customers.
Beauty Tech Group eyes £320m valuation in London IPO
(Sharecast News) - The Beauty Tech Group expects to be valued at up to £320m when it debuts on the London market, the British skincare specialist confirmed on Wednesday.
Winemaker Chapel Down appoints new chair, delivers confident outlook
(Sharecast News) - English winemaker Chapel Down has announced the departure of its chair Martin Glenn after five years at the helm as it reported results for the first half and delivered a confident outlook.
Later bookings dent profits at On The Beach, shares slide
(Sharecast News) - Shares in On The Beach Group tumbled in morning trading on Monday, after it confirmed that full-year profits would miss forecasts.
Redcentric expects steady top line as reorganisation continues
(Sharecast News) - IT group Redcentric said it expects "stable" revenues this year following its business restructure, but expects the potential sale of the data centre division to generate a "significant" return of capital to shareholders.
Everyman Media H1 profits surge on admissions, pricing growth
(Sharecast News) - Upmarket cinema group Everyman saw profits jump by a third over the six months to 3 July on the back of a solid increase in admissions, pricing and spend, and said the hot summer weather didn't impact its full-year outlook.
Saga sees FY profits in line with market views after better-than-expected H1
(Sharecast News) - Saga said on Wednesday that full-year underlying pre-tax profit was set to be in line with market expectations after a better-than-expected first half, driven by continued strength in the travel segment.
Baltic Classifieds lowers FY guidance as recovery stalls
(Sharecast News) - Online classifieds portals operator Baltic Classifieds said on Wednesday that the Estonian car market has been depressed by new vehicle transaction and ownership taxes, leading the group to lower its full-year guidance.
Time Finance makes strong start after record year
(Sharecast News) - AIM-listed finance provider Time Finance has reported a strong start to the new financial year following a record 12 months to 31 May, with annual profits surging by a third.
JD Sports confident for full year as sales jump
(Sharecast News) - Retailer JD Sports Fashion confirmed it was on track to meet full-year profits guidance on Wednesday, despite a "tough" trading environment.
Berenberg trims Kooth target price after H1 update
(Sharecast News) - Analysts at Berenberg lowered their target price on mental health services firm Kooth from 300p to 260p on Tuesday following the group's first-half results earlier in the morning.
Amazon Fresh to shut all UK stores
(Sharecast News) - Amazon said on Tuesday that it's planning to shut all Amazon Fresh grocery stores in the UK as it looks to focus on online delivery, putting around 250 jobs at risk.
Weir to buy Brazilian mining software provider Fast2Mine
(Sharecast News) - Weir said on Tuesday that it has agreed to by Brazilian mining software provider Fast2Mine for an undisclosed sum.
Landsec steps up capital recycling to reinvest in major retail
(Sharecast News) - Shares in Landsec were on the rise on Tuesday after the real estate group delivered a confident outlook, hailing the "significant" potential for income growth in the so-called major retail market.
Kistos on track to hit guidance, but H1 profits sink
(Sharecast News) - Energy company Kistos said it remains firmly on track to hit its full-year production guidance after a period of "significant and transformational investment" in the first half, though results were significantly lower than last year.
Mortgage Advice Bureau beats own guidance with H1 results
(Sharecast News) - Mortgage Advice Bureau's share price jumped on Tuesday after the UK mortgage network and broker delivered first-half results slightly ahead of guidance and gave an upbeat assessment of the industry.
JLR extends shutdown following cyber attack
(Sharecast News) - The shutdown at Jaguar Land Rover has been extended, it was confirmed on Tuesday, as the luxury car group continued to battle the after-effects of a major cyberattack.
Smiths News lifts FY profit outlook after strong second half
(Sharecast News) - Smiths News lifted its full-year profit outlook on Tuesday following strong trading in the second half.
Canaccord Genuity lowers target price on System1
(Sharecast News) - Analysts at Canaccord Genuity lowered marketing research firm System1 from 'buy' to 'speculative buy' on Tuesday and cut their target price on the stock from 865p to 550p, stating that macro headwinds appear to have paused growth.
Heineken shares rise after $3.2bn FIFCO acquisition
(Sharecast News) - Heineken shares gained on Tuesday after the Dutch brewer said it was buying the beverage and retail businesses of Costa Rica's Florida Ice and Farm Company for $3.2bn.
Oxford Biomedica reiterates outlook as interim losses narrow
(Sharecast News) - Oxford Biomedica reiterated full-year guidance on Tuesday, after the biopharma saw strong demand throughout the first half and trimmed losses.
Raspberry Pi interim profits slide on tough comparatives
(Sharecast News) - High-performance computing firm Raspberry Pi reported a drop in both revenue and profits for the first half of 2025, as it cycled through tough comparatives following last year's Raspberry Pi 5 launch.
Henry Boot announces sale of construction arm as interim profits jump
(Sharecast News) - Property developer Henry Boot has announced the sale of its loss-making construction business as it reported a big jump in revenues and a doubling of profits over the first half.
Nvidia unveils $100bn investment on OpenAI
(Sharecast News) - US chipmaking giant Nvidia said it was investing up to $100bn in ChatGPT creator OpenAI and provide it with data center chips, the two companies said late on Monday.
Carr's FY revenue, operating profits seen higher
(Sharecast News) - Livestock supplements business Carr's Group said on Tuesday that it had delivered strong progress in the year ended 31 August and that it now expects to report FY25 revenues of £78m and adjusted operating profits of roughly £3.6m.
Smiths Group beats full-year guidance, but slowdown expected
(Sharecast News) - Engineering business Smiths Group delivered strong annual results on Tuesday, with organic growth coming in ahead of twice-raised guidance and profits up by double digits - though a slight slowdown is expected over the coming year.
Bolt-on acquisitions boost H1 results at Mpac, shares jump
(Sharecast News) - Mpac swung to a statutory loss in the first half due to restructuring charges, but shares rose strongly on Tuesday after the packaging and automation solutions company reported a big improvement in underlying results, along with the appointment of three new business veterans to the board.
ZigUp holds guidance as vehicle hire grows
(Sharecast News) - Vehicle rental firm Zigup on Tuesday held annual guidance and said it had performed well over the first four months of the current financial year with vehicles on hire (VoH) ahead of 2024.
Serco appoints Nth America unit CEO, wins USAF training contract
(Sharecast News) - Government contractor Serco on Tuesday said it had appointed Michael LaRouche as chief executive of its North American division and announced it had won a US Air Force training contract.
Kingfisher lifts guidance on strong first half, shares soar
(Sharecast News) - DIY retailer Kingfisher lifted its full-year profit guidance on Tuesday, despite weaker consumer sentiment, following strong interim trading.
Tuesday preview: Global PMIs, Powell in focus
(Sharecast News) - Investors' focus on Tuesday will be on a raft of purchasing managers' surveys from around the world covering activity in the manufacturing and services sectors, including in the UK and US.
Morgan Stanley downgrades Tate & Lyle, shares slide
(Sharecast News) - Tate & Lyle tumbled on Monday as Morgan Stanley downgraded the shares to 'underweight' from 'equalweight' and cut the price target to 500p from 590p.
Canaccord Genuity cuts Pets at Home target price but keeps at 'buy'
(Sharecast News) - Canaccord Genuity has trimmed its target price for Pets at Home following last week's abrupt departure of its CEO and cut to full-year guidance, but has kept a 'buy' rating on the stock..
Apollo decides against bid for Costa Coffee - report
(Sharecast News) - A small number of suitors have reportedly served up initial bids for Costa Coffee as owner Coca-Cola prepares to retain ownership of the brand's ready-to-drink portfolio, while Apollo Global Management was said to have changed its mind about submitting a bid.
UK consumer sentiment picks up in September
(Sharecast News) - UK consumer sentiment picked up in September as households exhibited renewed confidence in their financial outlook for the year ahead, according to a survey released on Monday.
Wilmington says new year on track, FRA business to be sold
(Sharecast News) - Annual results from Wilmington on Monday were in line with market forecasts following a detailed trading update in July, with the data, information, education and training services company pointing to a "good start" to the new financial year.
VodafoneThree taps Ericsson and Nokia for UK expansion
(Sharecast News) - VodafoneThree has awarded a £2.0bn contract to Ericsson and Nokia to supply 5G communications equipment across the UK, marking a major step in the newly merged group's long-term network investment strategy.
Porsche shares slide as profit guidance cut on weak EV demand
(Sharecast News) - Shares in luxury German car maker Porsche fell sharply on Monday after the company delayed the launch of some electric models and cut its earnings outlook.
Government gives green light for second runway at Gatwick
(Sharecast News) - Transport secretary Heidi Alexander has signed off a second runway at London Gatwick, which the airport hopes will facilitate another 100,000 flights a year.
Pubs drive hospitality sales higher in August, as eating-out revenues slide
(Sharecast News) - Pubgoers basking in the August heatwaves helped underlying sales across Britain's leading pub, restaurant and bar groups rise for the first time in four months, according to the CGA RSM Hospitality Business Tracker out on Monday.
BMW sets aside £207m for motor finance redress as FCA pressure mounts
(Sharecast News) - Car finance firm BMW Financial Services has set aside £206.9m to cover potential compensation linked to the UK motor finance mis-selling scandal, according to accounts filed at Companies House.
Beeks wins 'significant' cloud deal with TMX
(Sharecast News) - AIM-listed Beeks Financial Cloud Group has announced a "significant" customer win with a new exchange cloud partnership with Canadian financial services group TMX.
Elixirr delivers confident outlook after record first half
(Sharecast News) - Business consultancy Elixirr International has reported record interim results and reiterated its full-year forecasts, with the outlook bolstered by last week's acquisition of US strategy consultancy TRC.
Elixirr delivers confident outlook after record first half
(Sharecast News) - Business consultancy Elixirr International has reported record interim results and reiterated its full-year forecasts, with the outlook bolstered by last week's acquisition of US strategy consultancy TRC.
EU approves AstraZeneca's Tezspire to treat nasal conditions
(Sharecast News) - AstraZeneca and Amgen on Monday said their Tezspire drug has been recommended for approval in the European Union for the treatment of adult patients with chronic rhinosinusitis with nasal polyps.
Spreadex-Sporting Index deal created a monopoly, says CMA
(Sharecast News) - Spreadex's acquisition of Sporting Index came under fire on Friday, after the UK competition watchdog ruled the deal had created a monopoly.
Shawbrook testing investor sentiment for London IPO - report
(Sharecast News) - Commercial banking group Shawbrook has reportedly begun talks with institutional investors regarding the timing of a possible initial public offering in London.
Close Brothers delays full-year results, shares slide
(Sharecast News) - Close Brothers shares tumbled on Friday after the merchant banking group announced that it was delaying the publication of its preliminary results for the year ended 31 July.
NatWest looking to offload workplace pensions provider Cushon - report
(Sharecast News) - NatWest is reportedly looking to offload Cushon, the workplace pensions provider it bought only two years ago.
Thruvision reports sharp fall in revenue, wider losses
(Sharecast News) - Thruvision reported a sharp fall in annual revenue and wider losses in its final results on Friday, but said it had entered the new financial year with a stronger sales pipeline and expects significant revenue growth ahead.
Life Science REIT to pursue managed wind-down
(Sharecast News) - Life Science REIT said Friday that it has opted to pursue a managed wind-down of its portfolio following the conclusion of a strategic review and formal sale process launched in March.
Henry Boot arm appointed as Duxford AvTech development partner
(Sharecast News) - Henry Boot announced on Friday that its development arm, HBD, has been appointed as the development partner for Duxford AvTech, a £162m aviation technology campus planned at Imperial War Museums (IWM) Duxford in Cambridgeshire.
Spire mulls possible sale, shares surge
(Sharecast News) - Shares in Spire Healthcare Group surged on Friday, after the FTSE 250 company confirmed it was exploring a possible sale.
Gelion gets government grant for lithium-sulfur project
(Sharecast News) - Shares in Gelion surged on Friday after its OXLiD subsidiary was awarded a £533,000 government grant to advance its lithium-sulfur (Li-S) technology.
IG Group to acquire Australian cryptocurrency exchange
(Sharecast News) - Online trading provider IG Group said on Friday that it had agreed to acquire Independent Reserve, one of Australia's largest cryptocurrency exchanges, in a deal worth up to AUD $285.1m (£139.0m), marking a major strategic push into the Asia-Pacific digital asset market.
Kainos buys Canadian consultancy for undisclosed sum
(Sharecast News) - Kainos Group said it had bought Canadian IT specialist consultancy Davis Pierrynowski for an undisclosed sum.
Investec sees flat H1 profits amid mixed regional performance
(Sharecast News) - Banking and wealth management firm Investec said on Friday that it expects interim results to be broadly in line with the prior period, supported by a solid performance across its core banking and wealth operations despite a volatile macro backdrop.
Vodafone agrees €30m Romanian deal
(Sharecast News) - Vodafone Group is to ramp up its presence in Romania, the London-listed telecoms giant confirmed on Friday, after striking a €30m deal with Hellenic Telecommunications Organization.
Friday preview: UK retail sales, BoJ in focus
(Sharecast News) - The market spotlight at the end of the week will remain on the UK.
Regional REIT sells Clearblue Innovation Centre for £8.8m
(Sharecast News) - Regional REIT announced the sale of Bedford's Clearblue Innovation Centre for £8.8m on Thursday, achieving an 11.4% premium to its 30 June book value as part of its ongoing strategy to strengthen its balance sheet.
Bagnall acquisition of Downing Renewables clears Icelandic regulator
(Sharecast News) - Bagnall Energy said on Thursday that a key regulatory condition has been cleared for its planned takeover of Downing Renewables & Infrastructure Trust, with the deal still expected to complete in the second half of 2025 subject to remaining approvals.
Intel surges as Nvidia announces $5bn investment
(Sharecast News) - Intel shares surged on Thursday after Nvidia said it would invest $5bn in the chipmaker.
Octopus to spin off tech arm Kraken
(Sharecast News) - Octopus Energy is to spin off Kraken, its fast-growing technology unit, the British gas and electricity provider confirmed on Thursday.
Shore Capital still sees upside at AB Foods despite recent woes
(Sharecast News) - Shore Capital has kept a 'buy' rating on Associated British Foods despite a "mellow" trading update from the food and retail company last week, saying that it still sees upside following a disappointing run in the shares so far this year.
Deliveroo founder-CEO to step down after takeover by DoorDash
(Sharecast News) - Deliveroo announced on Thursday that founder Will Shu would step down as chief executive once the company's acquisition by US rival DoorDash completes next month, marking the end of his 13-year tenure at the helm of the London-based food delivery group.
UBS starts coverage of Inchcape at 'buy'
(Sharecast News) - UBS initiated coverage of Inchcape on Thursday with a 'buy' rating and 920p price target, saying it sees 40% upside potential.
CMA seeking views on AB Foods' acquisition of Hovis
(Sharecast News) - The Competition and Markets Authority said on Thursday that it was seeking views on Associated British Foods' planned acquisition of Hovis.
Inspecs shares slide as interim earnings fall, H2 outlook weakens
(Sharecast News) - Shares in eyewear manufacturer Inspecs slumped nearly 10% on Thursday after it posted a drop in interim earnings and flagged weaker-than-expected trading in early H2, citing ongoing tariff disruption, subdued consumer confidence, and reduced government spending in the US.
Berenberg lowers target price on M&C Saatchi as tariff fallout hits guidance
(Sharecast News) - Analysts at Berenberg lowered their target price on advertising agency M&C Saatchi from 240p to 200p on Thursday following the group's interim results, released earlier in the morning.
Profit warning and CEO departure send Pets at Home shares tumbling
(Sharecast News) - Pets at Home tanked on Thursday as it announced the immediate departure of chief executive Lyssa McGowan and downgraded its full-year profit guidance.
Capricorn reiterates production outlook, shares spark
(Sharecast News) - Shares in Capricorn Energy rallied in early trading on Thursday, despite widening interim losses, after the oil firm reiterated its full-year production outlook.
Renishaw reports record FY revenues
(Sharecast News) - Engineering company Renishaw reported record full-year revenues on Thursday, with adjusted profits rising despite ongoing macroeconomic pressures and restructuring costs.
Santos shares slump as Adnoc pulls $19bn takeover
(Sharecast News) - Shares in Australian natural gas group Santos plunged on Thursday after Abu Dhabi's state oil company walked away from its $18.7bn offer.
Peel Hunt upgrades Jupiter Fund Management to 'buy', shares surge
(Sharecast News) - Jupiter Fund Management surged on Thursday as Peel Hunt upgraded the shares to 'buy' from 'add' and hiked the price target to 156p from 90p.
Domino's names new CFO amid Chick N Dip launch
(Sharecast News) - Restaurant chain Domino's Pizza Group said on Thursday that Andrew Andrea has been appointed chief financial officer, taking over from current CFO Edward Jamieson.
Begbies Traynor makes 'good start' to new trading year
(Sharecast News) - Corporate restructuring specialist Begbies Traynor said on Thursday that it had delivered a tenth consecutive year of profitable growth, with full-year results ahead of original market consensus expectations.
Judges Scientific on track for downgraded targets after 'disappointing' H1
(Sharecast News) - Scientific instruments conglomerate Judges Scientific said it is trading in line with market expectations for the full year despite a subdued first half, though trading conditions continue to be challenging, particularly in the US.
Guardian CFO Keith Underwood to join Bloomsbury
(Sharecast News) - Independent publisher Bloomsbury said it had appointed Keith Underwood as chief financial and operating officer.
Bytes Technology H1 trading 'substantially in line' with expectations
(Sharecast News) - Software and security firm Bytes Technology said on Thursday that it had delivered "a resilient performance" in the six months ended 31 August, with trading "substantially in line" with expectations.
C&C CFO departs for Domino's; Sees FY in line despite tough market
(Sharecast News) - C&C Group said chief financial officer Andrew Andrea was leaving to take up the same role at Domino's Pizza.
Interim profits, sales surge at Next but outlook cautious
(Sharecast News) - High street retailer Next posted a surge in earnings on Thursday, boosted by bumper international sales, sunny weather and disruption at Marks & Spencer.
Puma shares surge on report CVC, Authentic Brand mulling bid
(Sharecast News) - Shares in Puma surged almost 17% on Wednesday after a report that two investors were preparing a takeover bid for the German brand.
Morrisons sales rise as it continues to pay down debt
(Sharecast News) - Morrisons reported higher sales in its third quarter on Wednesday, as the supermarket operator pushed through price cuts and launched its biggest new product range in a decade, while continuing to pay down debt under private equity ownership.
Friday preview: Bank of England, Philly Fed index in focus
(Sharecast News) - Investor focus on Thursday will be on the Bank of England's latest policy meeting.
Modella Capital in pole position to buy Claire's UK operations - report
(Sharecast News) - Modella Capital, the new owner of WH Smith's high street business, is reportedly in pole position to snap up the British operations of accessories retailer Claire's.
Deutsche Bank downgrades Eurowag after strong share price performance
(Sharecast News) - Deutsche Bank downgraded Eurowag on Wednesday to 'hold' from 'buy' following a strong share price performance, but lifted the price target to 110p from 90p.
LSL Property Services maintains guidance as trading improves
(Sharecast News) - LSL Property Services reported higher first-half revenue and profit on Wednesday, as it said trading had improved as expected in the second half, with full-year guidance unchanged and mortgage market activity starting to pick up.
McBride reinstates dividend as FY profits tick higher
(Sharecast News) - McBride rallied on Wednesday after the cleaning products maker reinstated its dividend as it posted a jump in full-year profit.
Microsoft to plough $30bn into UK AI infrastructure
(Sharecast News) - Microsoft announced a $30bn (£22bn) investment in the UK to build out artificial intelligence infrastructure and operations this week, marking its largest commitment outside the United States and forming the centrepiece of a wider £31bn "Tech Prosperity Deal" between the UK government and major US technology firms.
Imperial Leather maker PZ Cussons swings to profit
(Sharecast News) - PZ Cussons shares shot higher on Wednesday as the Imperial Leather maker struck an upbeat note on its outlook and said it swung to a full-year statutory pre-tax profit.
PRS REIT agrees to sell operating subsidiary, entire property portfolio
(Sharecast News) - The PRS REIT said on Wednesday that it has agreed non-binding heads of terms to sell its main operating subsidiary, which holds its entire property portfolio, to a vehicle backed by Waypoint Asset Management in a deal expected to deliver about £633m in net proceeds to shareholders.
Sales, profits surge at Galliford Try
(Sharecast News) - Shares in Galliford Try sparked on Wednesday, after the construction group posted a jump in earnings amid strong trading.
Morgan Stanley upgrades Centrica, says it's 'top pick' UK utility
(Sharecast News) - Centrica rallied on Wednesday as Morgan Stanley upgraded the British Gas owner to 'overweight' from 'equalweight' and said it was now its 'top pick' UK utility.
IP Group posts narrower first-half loss
(Sharecast News) - IP Group reported a narrower first-half loss on Tuesday as it hailed progress across its portfolio, including a landmark US flotation, while reiterating its confidence in delivering over £250m of exits by 2027.
Moonpig on track to deliver FY26 guidance, shares spark
(Sharecast News) - Moonpig said on Wednesday that it was on track to deliver its FY26 guidance as group trading momentum has continued through the start of the year, in line with expectations.
Rental income rises in 'transformational' year for Supermarket Income REIT
(Sharecast News) - Supermarket Income REIT reported a rise in annual rental income on Tuesday, as it hailed a "transformational" year marked by major strategic milestones, including the internalisation of its management team and a landmark joint venture, which it said had positioned the company for renewed earnings growth.
Grainger hits full lease-up at Oxford development five months early
(Sharecast News) - Residential landlord and developer Grainger announced on Wednesday that it has achieved full lease-up of its new build-to-rent (BTR) scheme in Oxford some five months ahead of schedule.
Games Workshop on track to hit targets this year
(Sharecast News) - Games Workshop has declared a new dividend as it confirmed trading over the first two months of the financial year was in line with forecasts.
Ben & Jerry's co-founder quits, claims Unilever 'silencing' activism
(Sharecast News) - Ben & Jerry's co-founder Jerry Greenfield quit on Wednesday, citing interference from parent company Unilever over the famous ice-cream brand's social activism and criticism of Israel's killing of Palestinian civilians.
AstraZeneca asthma drug fails to meet end goal in COPD trials
(Sharecast News) - AstraZeneca said on Monday that asthma drug Fasenra had failed to meet core targets in trials involving patients with severe lung disease.
Bank of Canada cuts rates to 2.5% as expected
(Sharecast News) - The Bank of Canada cut interest rates on Wednesday by 25 basis points to 2.5%, as widely expected.
Barratt Redrow delivers profit beat, but outlook still cautious
(Sharecast News) - Housebuilder Barratt Redrow delivered annual profits ahead of forecasts despite completions missing its initial guidance range, but pointed to ongoing market challenges and additional uncertainties ahead of the upcoming Budget.
GSK plans $30bn US investment as pharma faces tariff threat
(Sharecast News) - GSK has announced plans to invest $30bn across the US in research and development and supply chain infrastructure over the next five years, amid fears of tariffs being imposed on the pharma industry by US President Donald Trump, who is in the UK on a state visit.
Manx Financial Group impresses with H1 guidance, Fiinu collab
(Sharecast News) - Shares in AIM-listed Manx Financial Group jumped on Tuesday afternoon after the financial services firm guided to a big jump in first-half profits and announced a new collaboration with fintech Fiinu.
CMA launches probe into Global Payments acquisition of Worldpay
(Sharecast News) - The Competition and Markets Authority launched a formal investigation into Global Payments' planned $24.25bn acquisition of Worldpay on Tuesday, escalating its scrutiny of a deal that would combine two major players in global payments processing.
Fund managers most bullish since February - Bank of America
(Sharecast News) - Fund managers were the most bullish in September they have been since February, according to the latest fund manager survey from Bank of America released on Tuesday.
Sky to axe hundreds of jobs - report
(Sharecast News) - Hundreds of job are set to be cut at Sky, it was reported on Tuesday, as the broadcaster looks to improve existing services following a stream of product launches.
Sky to axe hundreds of jobs - report
(Sharecast News) - Hundreds of job are set to be cut at Sky, it was reported on Tuesday, as the broadcaster looks to improve existing services following a stream of product launches.
ArcelorMittal steps back from planned JV with SigmaRoc
(Sharecast News) - SigmaRoc said Tuesday that ArcelorMittal has decided to step back from their planned joint venture to develop net-zero carbon dioxide lime kilns in Dunkirk, citing concerns over the timely execution of the project.
Canaccord Genuity hikes target price for MP Evans
(Sharecast News) - Canaccord Genuity has hiked its target price for palm oil group MP Evans after the AIM-listed firm's positive first-half results on Monday, saying the stock continues to be "undervalued".
Barclays downgrades Haleon to 'equalweight', says question marks over US persist
(Sharecast News) - Barclays downgraded GSK's consumer health spinoff Haleon on Tuesday to 'equalweight' from 'overweight' as it said questions marks persist over the US and there are "a few new clouds on the horizon".
Berenberg lowers Trustpilot target price on revised valuation model
(Sharecast News) - Analysts at Berenberg reduced their target price on reviews website operator Trustpilot from 420p to 300p on Tuesday following the company's interim results.
German investor sentiment unexpectedly improves in September - ZEW
(Sharecast News) - German investor sentiment unexpectedly improved in September, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.
Manolete shares slump on settlement slowdown and delayed payments
(Sharecast News) - Shares in insolvency litigation financer Manolete Partners headed south early on Tuesday after it revealed a slowdown in large case settlements and delayed payments from a small number of large debtors.
Porvair reports stable Q3 performance, demand drivers unchanged
(Sharecast News) - Specialist filtration and environmental technology firm Porvair said it has continued to "trade satisfactorily" in the third quarter.
JLR extends shutdown after cyber attack
(Sharecast News) - Car maker Jaguar Land Rover has extended its production shutdown by a week in response to a recent cyber attack.
Deutsche Bank downgrades Domino's Pizza, shares drop
(Sharecast News) - Domino's Pizza slumped on Tuesday as Deutsche Bank downgraded the stock to hold' from 'buy' and cut the price target to 235p from 309p, pointing to near-term cautiousness.
MJ Gleeson profits sink 17% after 'challenging year'
(Sharecast News) - Housebuilder MJ Gleeson has reported a sharp fall in annual earnings despite an increase in revenues as higher incentives weighed on profit margins - though the company reiterated targets to treble profitability in the medium term.
Supermarket sales jump as shoppers seek out bargains - Worldpanel
(Sharecast News) - Supermarket sales jumped in August, industry data showed on Tuesday, on strong demand for back-to-school basics and budget-friendly own-brand ranges.
JTC posts double-digit H1 revenue growth
(Sharecast News) - Fund administrator JTC reported a 17.3% year-on-year increase in interim revenues to £172.6m on Tuesday, driven by strong organic growth and record new business wins.
Recruiter SThree cuts profit outlook for FY26, shares tumble
(Sharecast News) - Recruiter SThree maintained its profit outlook for FY25 on Tuesday but cut guidance for FY26 as it reported a drop in third-quarter net fees and said overall new business activity was set to remain challenging.
Rubis says any bid talks at 'very preliminary' stage
(Sharecast News) - French fuel distributor Rubis said talks with potential bidders were "very preliminary" a day after reports that private equity firm CVC Capital Partners and commodities trader Trafigura were separately considering bids for the company.
Trustpilot boosts outlook on strong first half, shares spark
(Sharecast News) - Trustpilot Group boosted its full-year outlook on Tuesday, after a strong first half saw earnings beat expectations.
Anglo American and Codelco sign 'landmark' joint mine plan worth $5bn
(Sharecast News) - Anglo American has announced that it has finalised a "landmark agreement" with Chilean copper miner Codelco to jointly mine their adjacent mines, which is expected to unlock 2.7m additional tonnes of copper.
Clarkson CFO Jeff Woyda to retire after 18 years
(Sharecast News) - Shipping services provider Clarkson revealed on Tuesday that chief financial officer Jeff Woyda had informed the board of his intention to retire after more than 18 years with the company.
Hochschild Mining appoints Vale veteran Cassio Diedrich as COO
(Sharecast News) - Hochschild Mining said on Tuesday that it has appointed Cassio Diedrich as chief operating officer.
Unilever appoints acting CFO Phatak in permanent role
(Sharecast News) - FMCG giant Unilever has announced that acting finance lead Srinivas Phatak has been appointed as its permanent chief financial officer, having "performed strongly" since stepping in over the past seven months.
Kier sees current trading ahead of expectations, shares jump
(Sharecast News) - Shares in infrastructure and construction group Kier jumped on Tuesday after the company said trading at the start of its current financial year was slightly ahead of expectations.
Kier sees current trading ahead of expectations as FY profits rise
(Sharecast News) - Infrastructure and construction group Kier said trading at the start of its current financial year was trading slightly ahead of expectations as it reported a 15% jump in profit for the 12 months to June 30.
Domino's new chicken brand is 'low risk', says Shore Capital
(Sharecast News) - Shore Capital has praised the launch of Domino's Pizza Group's new chicken-focused sub-brand, CHICK 'N' DIP, but has retained its 'hold' recommendation due to macro concerns.
Centrica strikes nuclear deal with US firm
(Sharecast News) - Centrica has struck a major deal with America's X-energy to build modular nuclear reactors in the UK, the British firm confirmed on Monday.
Deutsche Bank lifts BAE Systems price target
(Sharecast News) - Deutsche Bank lifted its price target on BAE Systems on Monday to 2,220p from 2,170p and retained its 'buy' rating, mainly due to a re-rating of the US defence sector.
AstraZeneca to pause £200m Cambridge investment, shares slump
(Sharecast News) - AstraZeneca slumped on Monday after saying it was pausing plans to invest £200m at its Cambridge research site.
Aldi plans £1.6bn UK store expansion despite profit fall
(Sharecast News) - German discount retailer Aldi on Monday said it planned to invest £1.6bn over the next two years in the UK, despite reporting a fall in annual profits.
MP Evans offsets lower output with higher prices as H1 profits surge
(Sharecast News) - Shares in Indonesia-focused palm oil producer MP Evans were rising on Monday after the company reported a jump in revenues and profits in the first half as prices increased.
Mears buys Pennington Choices for £9.5m
(Sharecast News) - Mears said on Monday that it has bought Pennington Choices (PCL) for £9.5m in cash.
Sainsbury's terminates Argos sale talks
(Sharecast News) - Talks between J Sainsbury's and China's JD.com over the potential sale of Argos have collapsed, the supermarket chain confirmed on Monday.
Indian billionaire Sunil Bharti Mittal joins BT board
(Sharecast News) - Indian billionaire Sunil Bharti Mittal is to join the board of BT Group, the UK telecoms and broadband giant said on Monday.
Big Yellow acquires half-acre property in East London
(Sharecast News) - Self-storage firm Big Yellow has exchanged contracts to acquire a half-acre freehold property in Bethnal Green, East London, for £10.8m.
S4 Capital scales back revenue guidance after tough first half
(Sharecast News) - Media company S4 Capital has cut its full-year sales targets after a challenging first half, but said it is considering raising its dividend if the second half picks up as expected.
IG Group chair Mike McTighe to step down
(Sharecast News) - Trading platform operator IG Group announced on Monday that its chair Mike McTighe will step down after nearly six years in the role.
AO World shares surge on profit upgrade, first buyback
(Sharecast News) - Shares in AO World surged on Monday as the UK electrical retailer ticked up the lower end of earnings guidance and announced its first-ever share buyback on the back of strong cash generation.
JTC in early stage takeover talks with Permira, Warburg Pincus
(Sharecast News) - Fund solutions provider JTC surged on Friday after confirming it has received a preliminary and conditional non-binding takeover proposal from private equity firm Warburg Pincus and a revised offer from Permira.
Deutsche Bank lifts Fevertree price target
(Sharecast News) - Deutsche Bank lifted its price target on Fevertree on Friday after the posh tonic maker's interim results a day earlier.
Shares in Big Technologies slide as legal row with ex-CEO ramps up
(Sharecast News) - Shares in Big Technologies came under pressure on Friday, after the AIM-listed firm's legal dispute with its founder deepened.
UK households' inflation expectations rise in August - BoE
(Sharecast News) - UK households' long-term inflation expectations rose in August to their highest level since 2019.
Ocado shares slide after Kroger hints at changes
(Sharecast News) - Shares in Ocado Group fell sharply on Friday, after key US partner Kroger flagged a possible change in direction.
Microsoft swerves EU fine by unbundling Teams from software suites
(Sharecast News) - Tech giant Microsoft has avoided a fine from the European Union after it made commitments to address competition concerns over how it packaged its Teams platform, officials said on Friday.
Red Rock Resources sells Colombian mine royalty, shares jump
(Sharecast News) - Shares in Red Rock Resources surged on Friday after the miner sold its royalty at the El Limon gold mine in Colombia for £1m.
Blencowe Resources raises cash to progress Ugandan graphite project
(Sharecast News) - Miner Blencowe Resources has raised £1.12m to provide a "clear runway" to complete testing and aid financing of the Orom-Cross graphite project in Uganda.
Blencowe Resources raises cash to progress Ugandan graphite project
(Sharecast News) - Miner Blencowe Resources has raised £1.12m to provide a "clear runway" to complete testing and aid financing of the Orom-Cross graphite project in Uganda.
Berenberg upgrades SSP, downgrades WH Smith
(Sharecast News) - SSP rallied on Friday as Berenberg lifted its stance on the Upper Crust owner to 'buy' from 'hold', saying the share price does not reflect the intrinsic value.
Angle founder and CEO steps down after shareholder backlash
(Sharecast News) - Liquid biopsy company Angle has announced the resignations of its chief executive and finance director "following feedback and discussions with a significant shareholder".
Deutsche Bank upgrades Compass Group to 'buy'
(Sharecast News) - Deutsche Bank upgraded caterer Compass Group on Thursday to 'buy' from 'hold' as it took a look at the hotel and leisure sector.
M&S chief digital and technology officer Rachel Higham to leave - reports
(Sharecast News) - The Marks & Spencer executive responsible for its technology function is set to leave the company after a cyber attack disrupted its systems, costing the retailer £300m, according to reports on Thursday.
Friday preview: UK GDP, US consumer confidence in focus
(Sharecast News) - The market spotlight at the end of the week will swing back towards the UK.
Westminster Group shares tank after article mix-up
(Sharecast News) - Managed services and security solutions company Westminster Group put out a statement on Thursday addressing a sell-off in its stock, which it linked to a mix-up regarding an article about a political entity.
Trainline shares 'unfairly discounted', says Shore Capital
(Sharecast News) - Shore Capital has reiterated a 'buy' rating for ticketing platform Trainline, saying the stock is being "unfairly discounted" by the market at current levels.
Jefferies trims ratings on Hays, Ashtead
(Sharecast News) - Jefferies has cut its recommendations on Hays and Ashtead Group, following a review of Europe's business and employment services sector.
RBC Capital lifts Vistry price target after results
(Sharecast News) - RBC Capital Markets lifted its price target on Vistry on Thursday after the housebuilder's half-year results a day earlier, to reflect progress made.
Berenberg shrugs off Hilton Food's seafood woes, stays at 'buy'
(Sharecast News) - Berenberg has maintained a positive view on Hilton Food Group despite a steep sell-off of the stock last week due to seafood-related supply issues, highlighting the strong momentum in other parts of the business.
Higher costs push John Lewis deeper into the red
(Sharecast News) - Losses mounted at the John Lewis Partnership in the first half, the retailer confirmed on Thursday, on the back of higher costs and increased investment.
Energean profits rise despite revenue decline
(Sharecast News) - Energean reported a rise in half-year profits despite a fall in revenue on Thursday, as strong summer demand for its Israeli gas assets helped offset the impact of a temporary production halt and weaker oil prices.
Playtech bets on strong end to the year, shares spark
(Sharecast News) - Shares in Playtech rallied in early trading on Thursday, on the back of a bullish full-year outlook.
Berenberg hikes target price on Diploma
(Sharecast News) - Analysts at Berenberg hiked their target price on technical products supplier Diploma from 5,750p to 6,350p on Thursday, stating that it was "one of the highest-quality UK companies".
Heathrow caps off record summer with 8m passengers in August
(Sharecast News) - The number of monthly passengers at Heathrow Airport topped the 8 million mark for the first time ever in August, capping a record summer for the UK travel hub.
Petrofac strikes deal over Thai oil project claims
(Sharecast News) - Petrofac said on Thursday that it has reached an agreement in principle with Samsung E&A and Saipem over claims linked to the Thai oil project, marking a key step towards completing its planned restructuring.
Centaur Media sells The Lawyer for £43m
(Sharecast News) - Business information and marketing provider Centaur Media said on Thursday that it has signed a sale and purchase agreement with Lighthouse Bidco, the parent company of Legal Benchmarking, for the sale of thelawyer.com, the operating company of The Lawyer.
Trifast trades in line YTD despite 'continuing external market challenges'
(Sharecast News) - Engineered fastening business Trifast said on Thursday that its year-to-date performance was in line with expectations, driven by margin recovery and progress on its medium-term strategy.
THG paints confident outlook after returning to sales growth
(Sharecast News) - Ecommerce conglomerate THG has reiterated full-year guidance after reporting a return to growth in the second quarter, with further improvements in revenues expected from both sides of the business in the second half.
Brave Bison lifts outlook after fifth acquisition of 2025
(Sharecast News) - Marketing and tech group Brave Bison on Thursday announced the £6m acquisition of consultancy MTM London, helping it to lift its outlook for the next two years.
LondonMetric acquires £78.5m of triple net leases
(Sharecast News) - Real estate investor LondonMetric Property revealed on Thursday that it had acquired £78.5m of triple net leases across five transactions, reflecting a net initial yield of 5.5%, which was expected to increase to 6.3% over five years.
Trainline shares surge on upbeat FY outlook as sales rise 8%
(Sharecast News) - Shares in Trainline surged on Thursday as the online ticketing platform said it expected full-year earnings to be at the upper end of guidance after an 8% jump in interim sales and would start a £150m share buyback.
JLR confirms some data compromised in cyberattack
(Sharecast News) - Jaguar Land Rover confirmed Wednesday that data was compromised in the cyberattack which forced it to shut down operations last week, with production at UK and overseas plants expected to remain suspended until at least Monday.
Chrysalis jumps after keeping stake in Klarna post-IPO
(Sharecast News) - Shares in Chrysalis Investments jumped as the trust retained its stake in Swedish payments firm Klarna, which launched its US IPO on Wednesday.
80 Mile shares soar on new Greenland asset valuation
(Sharecast News) - The share price of AIM-listed metals group 80 Mile more than doubled on Wednesday after its 30% stake in the Jameson liquid hydrocarbon project in Greenland was valued at $92m.
Canaccord Genuity still sees long-term upside at Dunelm
(Sharecast News) - A negative reaction to the Dunelm's full-year results hasn't changed Canaccord Genuity's 'buy' rating, with the broker maintaining that the stock still offers "good value".
Social Housing REIT delivers stronger first-half earnings, hikes dividend
(Sharecast News) - Social Housing REIT reported stronger earnings and improved dividend cover in the first half of 2025 on Wednesday, as its new investment manager Atrato pressed ahead with cost savings and portfolio optimisation.
Thursday preview: US CPI, ECB in focus
(Sharecast News) - All eyes on Thursday are likely to be on the latest reading on the cost-of-living in the US.
AB Foods to 'tread water' but long-term optimism remains, says Shore Capital
(Sharecast News) - Shares in Associated British Foods tanked on Wednesday after the retail and foods conglomerate reported a mixed trading update - something which may cause the stock to "tread water for a while", according to Shore Capital.
Chill Brands appointed master distributor of ELF nicotine pouches in UK
(Sharecast News) - Consumer packaged goods distribution company Chill Brands said on Wednesday that it has been appointed as the master distributor of ELF nicotine pouches for the UK market.
Goldman upgrades Haleon to 'buy', shares spark
(Sharecast News) - Haleon rallied on Wednesday as Goldman Sachs upgraded the shares to 'buy' from 'neutral' and lifted the price target to 440p from 415p, saying the current valuation offers an attractive entry point.
Atlas Metals agrees to acquire UPSA in £1bn reverse takeover
(Sharecast News) - Atlas Metals announced on Wednesday that it has signed a conditional agreement to acquire Universal Pozzolanic Silica Alumina (UPSA) in a £1bn reverse takeover that would hand control of the enlarged group to UPSA's current shareholders.
The Gym Group reports sharp rise in H1 profitability, maintains FY guidance
(Sharecast News) - Fitness clubs operator The Gym Group posted a "strong" set of interim results on Wednesday, with higher revenue, improved margins and a sharp rise in profitability, leading the firm to reiterate full-year guidance.
Serica Energy cuts full-year production guidance, shares drop
(Sharecast News) - Shares in AIM-listed Serica Energy dropped on Wednesday after the British gas explorer announced a reduction in its full-year output guidance due to temporary production stoppages at the Triton floating production storage and offloading (FSPO) vessel.
Wickes interim profits, revenues rise amid growth across categories
(Sharecast News) - Wickes reported a rise in interim profit and revenue on Wednesday, with volume growth across the group.
JPMorgan reinstates coverage of Tritax Big Box at 'overweight'
(Sharecast News) - JPMorgan Cazenove reinstated coverage of Tritax Big Box on Wednesday following a period of restriction, with an 'overweight' rating and 180p price target, which implies 32% upside.
Grainger sees strong lease-up for latest Canning Town build
(Sharecast News) - Residential landlord Grainger has announced that its new Seraphina Apartments asset in Canning Town has experienced stronger-than-expected demand, with 50% of units leased out in under a month.
Berenberg starts XPS Pensions at 'buy'
(Sharecast News) - Analysts at Berenberg initiated coverage on consulting and administration firm XPS Pensions Group with a 'buy' rating and 440p target price on Wednesday, stating it was "a clear beneficiary" of an ever-evolving pensions environment and recent market volatility.
Vistry holds guidance on upbeat outlook despite 50% profit fall
(Sharecast News) - House builder Vistry held full year guidance and said it expected to deliver a year-on-year increase in profits this fiscal year despite an uncertain economic environment that saw interim earnings halved.
AB Foods shares slide as Primark and sugar weigh on outlook
(Sharecast News) - Associated British Foods reported a weaker performance in its sugar division and muted growth at Primark on Wednesday, overshadowing otherwise resilient trading across the board.
Wednesday preview: US producer prices, China CPI in focus
(Sharecast News) - The market spotlight in the middle of the week will be on the first of the week's two readings on US inflation.
Quantum Base wins £0.25m contract extension
(Sharecast News) - Quantum Base announced a £0.25m expansion of its contract with its largest customer, a major international security printer, on Tuesday, adding to a previous £0.1m extension agreed earlier in the year.
Regional REIT reports resilient first half
(Sharecast News) - Regional REIT reported a resilient performance in the first half of 2025 on Tuesday, with stable income and progress on refinancing and disposals offsetting weaker headline earnings from lease breaks and a softer investment market.
Life Science REIT secures renewed lease at Herbrand Street
(Sharecast News) - Life Science REIT said on Tuesday that fintech firm Thought Machine has renewed its commitment to its Herbrand Street property in London's 'Knowledge Quarter', signing a new seven-year lease as sole occupier of the building.
Canaccord Genuity maintains 'buy' rating on James Fisher following H1 results
(Sharecast News) - Canaccord Genuity took a fresh look at oilfield services firm James Fisher and Sons on Tuesday after the group reported a solid first-half performance.
Dragon's Den judge goes shopping for Claire's - report
(Sharecast News) - Retail entrepreneur Touker Suleyman has tabled a bid for ailing accessories retailer Claire's, it was reported on Tuesday.
Marks & Spencer appoints AF Blakemore & Son as wholesale partner
(Sharecast News) - Marks & Spencer said on Tuesday that it has appointed AF Blakemore & Son, one of the UK's largest family-owned businesses, as its new primary wholesale partner for third party branded products.
Tuesday preview: US payrolls benchmark revisions, Treasury debt auction in focus
(Sharecast News) - Investors' focus on Tuesday will be on the benchmark revisions for US employment data for the 12 months running between April 2024 and March 2025.
Tuesday preview: US payrolls benchmark revisions, Treasury debt auction in focus
(Sharecast News) - Investors' focus on Tuesday will be on the benchmark revisions for US employment data for the 12 months running between April 2024 and March 2025.
Luceco reports double-digit revenue growth
(Sharecast News) - Luceco reported double-digit first half revenue growth on Tuesday, supported by acquisitions and surging demand for electric vehicle charging products, with full-year expectations left unchanged.
Berenberg hikes target price on Balfour Beatty
(Sharecast News) - Analysts at Berenberg hiked their target price on Balfour Beatty from 660p to 710p on Tuesday as part of a wider look at the UK construction sector, citing a combination of strong year-to-date cash performance and peer multiples on the earnings-based business.
Novartis to buy US clinical-stage biopharmaceutical firm Tourmaline for $1.4bn
(Sharecast News) - Swiss pharmaceutical firm Novartis said on Tuesday that it has agreed to buy US clinical-stage biopharmaceutical company Tourmaline Bio for $1.4bn.
Gulf Marine Services raises outlook despite Middle East tensions
(Sharecast News) - Gulf Marine Services boosted its full-year outlook on Tuesday, despite ongoing geopolitical uncertainty in the Middle East and a hike in tax expenses.
Gamma Communications sees solid H1 growth as German acquisitions boost top line
(Sharecast News) - Telecommunications business Gamma Communications said on Tuesday that it had delivered double-digit growth in the six months ended 30 June, driven by a strong German performance, leading it to hike its full-year adjusted earnings per share guidance.
James Fisher delivers mixed first half
(Sharecast News) - James Fisher delivered a mixed set of results for the first half of 2025 on Tuesday, with underlying profitability improving on a like-for-like basis despite weaker reported figures following disposals.
Revenue rises for Alpha Group, statutory profit hit by M&A costs
(Sharecast News) - Alpha Group International reported strong revenue growth in the first half of 2025 on Tuesday, underpinned by a sharp increase in corporate division sales, although statutory profit before tax was hit by charges linked to share-based payments and M&A costs.
Likewise interim pre-tax profits more than double
(Sharecast News) - Flooring distributor Likewise Group said on Tuesday that interim revenues had grown by double-digits, while also reporting margin improvement and a sharp rise in profitability, despite sector-wide challenges and subdued seasonal demand.
Molten Ventures buys 58% of Speedinvest for €18m, sells down Revolut stake
(Sharecast News) - Tech investor Molten Ventures on Tuesday said it had taken a 58% stake in the Speedinvest Continuation Fund I for €18m.
GPE adds tenth AI tenant as Vanta lets space at Kent House
(Sharecast News) - Property developer Great Portland Estates said on Tuesday that it had secured a Fully Managed letting with leading compliance automation and trust management platform, Vanta.
Shares tumble after Mobico's first half disappoints
(Sharecast News) - Shares in Mobico Group tumbled on Tuesday, after the owner of National Express posted a slide in half-year profits.
Hammerson appoints AEW's Rob Wilkinson as CEO
(Sharecast News) - Property firm Hammerson said it had appointed Rob Wilkinson as chief executive.
Diversified Energy to buy Oklahoma-based Canvas Energy for $550m
(Sharecast News) - Diversified Energy said on Tuesday that it has agreed to buy Canvas Energy for about $550m (£405.3m).
BHP settles Australian Samarco shareholder class action
(Sharecast News) - Mining giant BHP said on Tuesday that it has reached an agreement to settle the Australian Samarco shareholder class action, subject to approval by the Federal Court of Australia.
Dunelm posts modest FY growth, flags lack of sustained recovery
(Sharecast News) - Homewares retailer Dunelm reported modest full-year top-line growth on Monday but noted a cautious start to the new financial year, stating that while it was "pleased with early trading", it had yet to see signs of a sustained consumer recovery.
Shares in Angle tumble on gloomy outlook
(Sharecast News) - Shares in Angle plunged on Tuesday, after the AIM-listed biotech warned full-year revenues risked being "significantly" constrained.
Computacenter H1 profits dip but outlook upbeat
(Sharecast News) - Computacenter posted a dip in first-half pre-tax profit on Tuesday but struck an upbeat note on the outlook and said it expects some recovery in public sector activity in Germany.
Anglo American, Teck agree merger to create copper giant
(Sharecast News) - Anglo American and Canada's Teck Resources on Tuesday said they had agreed a merger "of equals" expected to create a group worth $53m with large copper operations.
Broker tips: Babcock, Gaming Realms, Ryanair
(Sharecast News) - RBC Capital Markets has reiterated its 'outperform' rating on Babcock International Group, on the back of a strong outlook for the engineer's marine business.
RBC backs Babcock on strong marine outlook
(Sharecast News) - RBC Capital Markets has reiterated its 'outperform' rating on Babcock International Group, on the back of a strong outlook for the engineer's marine business.
Majedie to benefit as its manager agrees to join Brown Advisory
(Sharecast News) - Majedie Investments said Monday that its manager, Marylebone Partners, has entered into a formal agreement to become part of Brown Advisory, with the deal subject only to regulatory approval.
Ticket reseller Stubhub eyes $9bn IPO
(Sharecast News) - Concert ticket resale platform StubHub is targeting a valuation of up to $9.2bn in a planned US listing, the company said on Monday.
HgCapital committing £17m to investment in Payworks
(Sharecast News) - HgCapital Trust confirmed on Monday that it would commit around £17m to a new investment in Payworks, a Canadian provider of human capital management solutions, as part of a wider deal led by private equity manager Hg.
Starwood European Real Estate Finance progresses wind-down, books impairment
(Sharecast News) - Starwood European Real Estate Finance reported further progress in winding down its portfolio and returning cash to investors on Monday, though it booked an additional impairment against its troubled Irish office loan.
Foxtons launches £3m share buyback programme
(Sharecast News) - Foxtons Group is return up to £3m to shareholders, the London-listed estate agent confirmed on Monday.
PRS REIT in talks with KKR about possible offer
(Sharecast News) - PRS REIT shot higher on Monday as it confirmed it is in talks with private equity firm KKR about a possible offer for the company.
RBC cuts target prices for M&S and Kingfisher
(Sharecast News) - RBC Capital Markets has reviewed its forecasts across the UK retail sector ahead of the upcoming Budget in November, cutting its estimates for Marks & Spencer and Kingfisher.
Goldman Sachs downgrades Ryanair to 'neutral'
(Sharecast News) - Goldman Sachs downgraded Ryanair on Monday to 'neutral' from 'buy' and cut the price target to €27.5 from €29.5.
Canaccord Genuity lifts Gaming Realms target price following 'strong' H1
(Sharecast News) - Analysts at Canaccord Genuity reiterated their 'buy' rating on Gaming Realms and raised its target price to 67p from 57p on Monday, citing a strong first-half performance and accelerating international momentum.
Natara to buy extracts and ingredients specialist Treatt in £156.6m deal
(Sharecast News) - Treatt shares surged on Monday after the extracts and ingredients specialist said it has agreed to be taken over by Natara in a £156.6m deal.
Domino's to trial new chicken brand across the northwest, NI
(Sharecast News) - Domino's Pizza Group has announced the launch of a new chicken sub-brand, CHICK 'N' DIP, which it is trialling in nearly 190 stores across the northwest of England and Northern Ireland.
The Works to meet FY market expectations despite challenging backdrop
(Sharecast News) - The Works said on Monday that it was confident of meeting full-year market expectations despite a challenging backdrop.
SigmaRoc overcomes mixed conditions as H1 profits surge
(Sharecast News) - European lime and minerals group SigmaRoc on Monday reported a big jump in first-half profits despite a challenging market backdrop, but said it doesn't expect an improvement in conditions before the end of the year.
Blackstone secures control of Warehouse REIT
(Sharecast News) - Blackstone secured control of Warehouse REIT on Monday, after its takeover vehicle, Wapping Bidco, declared its cash offer for the London-listed property investor unconditional.
Phoenix shares drop after H1 results as firm unveils rebrand to Standard Life
(Sharecast News) - Shares in Phoenix Group dropped on Monday despite the retirement and savings business reporting a seemingly solid first-half report, as investors banked profits following a solid run in the stock so far this year.
Vistry launches JV with Homes England
(Sharecast News) - Construction firm Vistry has formed a long-term investment joint venture with Homes England, the UK government's housing and regeneration agency, to accelerate the development of large-scale residential sites across England.
Tesla board floats $1trn pay package for Elon Musk
(Sharecast News) - Electric carmaker Tesla has proposed a landmark compensation package for chief executive Elon Musk, potentially worth as much as $1trn over the next decade.
Great Portland Estates shares 'good value' after recent falls, says Shore Capital
(Sharecast News) - Great Portland Estates is "worth a revisit" for investors following its recent share price weakness, according to Shore Capital, which reiterated a 'buy' rating on the stock on Friday.
PPHE completes £17.5m City of London site acquisition
(Sharecast News) - PPHE Hotel Group said on Friday that it has completed the £17.5m acquisition of a prime development site near the City of London, which would house its first select-service hotel in the capital.
Berenberg lowers target price on 'deeply discounted' CLS
(Sharecast News) - Analysts at Berenberg lowered their target price on British commercial property investor CLS Holdings from 100p to 85p on Friday, but said its current share price was still "deeply discounted".
Peel Hunt downgrades Admiral to 'sell'
(Sharecast News) - Peel Hunt has downgraded insurer Admiral Group, weighing on the shares, on a weaker outlook for UK motor underwriting margins.
Guardian Metal starts drilling at Nevada tungsten project
(Sharecast News) - Guardian Metal Resources has announced the start of its first diamond drilling programme at the Tempiute tungsten project in Nevada.
Treatt names Manprit Randhawa interim CFO
(Sharecast News) - Extracts and ingredients specialist Treatt said on Friday that it has appointed an interim chief financial officer.
Tullow taps Ian Perks as its new chief executive
(Sharecast News) - Tullow Oil announced the appointment of Ian Perks as its new chief executive officer on Friday, with effect from 15 September.
House prices rise for third month in a row to fresh record high - Halifax
(Sharecast News) - UK house prices rose in August for the third month in a row, to a fresh record high, according to figures released on Friday by Halifax.
Ashmore cuts outflows by 32% as investors turn away from US
(Sharecast News) - Emerging market specialist Ashmore reported a large cut in annual outflows as investors started to turn away from US investments amid global turmoil cause by President Donald Trump's trade war.
Berkeley keeps FY profit targets after 'stable' start
(Sharecast News) - Housebuilder Berkeley has reiterated its full-year profit guidance after "stable" trading over the first four months of its financial year.
Friday preview: US non-farm payrolls, UK retail sales in focus
(Sharecast News) - The market spotlight at the end of the week will be squarely on the monthly US non-farm payrolls report.
Lloyd's of London boasts 'resilience', warns of pricing challenges
(Sharecast News) - Lloyd's of London reported a first-half of "resilience" on Thursday, with solid investment gains helping offset a weaker underwriting performance following heavy catastrophe losses.
RBC slashes target price for Hilton Food Group
(Sharecast News) - RBC Capital Markets has slashed its target price for Hilton Food Group by nearly 30% after cutting its medium-term targets following the food packaging company's mixed first-half results.
Shore Capital sees further upside for Alfa Financial Software
(Sharecast News) - Alfa Financial Software's share price jumped on Thursday after the asset finance tech company impressed with "exceptionally strong" interim results, according to Shore Capital.
Porsche set to drop out of Germany's DAX index as tariffs bite
(Sharecast News) - Luxury German carmaker Porsche is set to fall out of the country's main DAX index as it reels from the impact of US tariffs and a share price slump.
Berenberg lowers target price on Eurocell following H1 numbers
(Sharecast News) - Analysts at Berenberg lowered their target price on building materials supplier Eurocell from 300p to 270p on Thursday after the group's interim results revealed that subdued end-markets had continued.
Eurocell warns of full-year miss despite 'resilient' first half
(Sharecast News) - Eurocell warned on Thursday that its full-year performance would fall short of earlier expectations, citing subdued trading conditions and ongoing macroeconomic uncertainty, even as the UK window and door maker delivered a "resilient" first-half result.
Eurowag reports double-digit first-half growth
(Sharecast News) - Eurowag reported double-digit first-half growth on Thursday, with strong cash generation helping to reduce leverage and support confidence in meeting full-year guidance.
Alfa Financial Software H1 revenues up 20pc, maintains FY guidance
(Sharecast News) - Finance industry software developer Alfa Financial Software said on Thursday that its first-half trading performance was in line with expectations, putting the group on track to meet full-year expectations.
ExxonMobil mulls sale of European chemical plants - report
(Sharecast News) - ExxonMobil is reportedly seeking to offload European chemical plants as the sector reels from US tariffs and increased competition from China.
Canaccord cuts Jet2 price target but sees potential to buy into share weakness
(Sharecast News) - Canaccord Genuity cut its price target on Jet2 on Thursday to 2,250p from 2,325p after the company warned that full-year underlying earnings were set to be towards the lower end of the consensus range and reduced its winter capacity.
Brooks Macdonald profits slip on acquisition costs
(Sharecast News) - Wealth management firm Brooks Macdonald on Thursday reported a big jump in funds under management and advice (FUMA), though profits slipped year-on-year due to the costs associated with three financial planning acquisitions during the year.
Funding Circle posts sharp rise in first-half profit
(Sharecast News) - Funding Circle reported a sharp rise in first-half profit on Thursday, as its lending platform continued to grow, underpinned by stronger demand for term loans and rapid expansion of its FlexiPay products.
Speedy Hire YTD hire revenue 'marginally behind' prior year, maintains FY guidance
(Sharecast News) - Equipment and services provider Speedy Hire said on Thursday that overall market conditions had remained "subdued" year-to-date.
Lloyds reportedly targeting thousands of staff for the sack
(Sharecast News) - Thousands of staff at Lloyds Bank reportedly face the sack under plans to get rid employees the lender deems to be underperforming.
Genus shares surge on strong FY results, China agreement
(Sharecast News) - Shares in Genus jumped on Thursday after the animal genetics company reported "substantial strategic progress" over the year to 30 June, as it revealed a big jump in profits and a positive update to its joint venture in China.
Safestore Q3 revenues up 5.8pc amid continued momentum across all markets
(Sharecast News) - Self-storage firm Safestore said on Thursday that it had seen continued momentum across stores in all markets in the three months ended 31 July, supported by growth from opened developments.
Anglo American fully exits Valterra Platinum with $2.5bn share sale
(Sharecast News) - Anglo American has raised $2.5bn from the sale of its remaining stake in Valterra Platinum, fully exiting the South African mining company after its demerger earlier this year.
Grafton says UK volume recovery stymied by property tax rumours
(Sharecast News) - Building materials distributor and DIY retailer Grafton held annual guidance but warned UK volumes were unlikely to recover this due to the threat of new property taxes.
Currys hails 'strong' start to year, launches £50m share buyback
(Sharecast News) - Electricals retailer Currys hailed a "strong" start to the year on Thursday, as it launched a £50m share buyback and reported a 3% jump in group sales in the 17 weeks to 30 August.
Thursday preview: US jobs, services sector data in the spotlight
(Sharecast News) - Investors' focus on Thursday is likely to be on the US, where a trio of reports are due out covering the country's jobs market.
Pearson slumps as Goldman says it expects only slight growth acceleration in Q3
(Sharecast News) - Educational publisher Pearson slumped on Wednesday as Goldman Sachs said in a results preview that it expects only slight growth acceleration in the third quarter, with a focus on the fourth quartrer to deliver full-year guidance.
Shield Therapeutics reports sharp rise in first-half revenue
(Sharecast News) - Shield Therapeutics reported a sharp rise in first-half revenue on Wednesday, as sales of its oral iron therapy Accrufer accelerated across key markets, leaving the company on track to reach cash flow breakeven by the end of 2025.
Telegraph bidders submit key plans to government - report
(Sharecast News) - The long-running sale of The Daily Telegraph has edged closer to a conclusion, it was reported on Wednesday, after RedBird Capital submitted key plans to the UK government.
Gelion successfully transfers sulfur cathode material technology
(Sharecast News) - Gelion said on Wednesday that it has successfully transferred advanced sulfur cathode active material technology from the Max Planck Institute of Colloids and Interfaces into its own operations, marking a key milestone in the development of its next-generation lithium-sulfur and sodium-sulfur batteries.
Deutsche Bank upgrades Watches of Switzerland to 'buy'
(Sharecast News) - Deutsche Bank upgraded Watches of Switzerland on Wednesday to 'buy' from 'hold', saying it was "time to put the risk in perspective".
Shell pivot to oil continues as biofuel plant axed
(Sharecast News) - Shell continued its pivot away from green energy on Wednesday when it axed construction of a facility in Rotterdam that would have been a major supplier of cleaner aviation fuel.
KKR's Spectris takeover clears regulatory hurdles in UK, Ireland, Sweden
(Sharecast News) - The proposed acquisition of Spectris by KKR moved a step closer to completion on Wednesday, after receiving several key regulatory clearances.
JPMorgan predicts 'overdue re-rating' at Informa
(Sharecast News) - JPMorgan has reiterated its 'overweight' position on Informa, predicting a "overdue re-rating" for the events, digital products and academic research stock as earnings momentum improves over the coming years.
Ecora Resources confident despite half-year loss
(Sharecast News) - Ecora Resources reported a swing to a half-year loss on Wednesday, putting the performance down to the timing of mining activity at its key Kestrel steelmaking coal royalty.
Berenberg pares back expectations for VP shares
(Sharecast News) - Analysts at Berenberg cut their target price on equipment rental firm VP from 905p to 800p on Wednesday as it took a fresh look at the broader UK business services market.
CMA launches formal probe into PHP-Assura merger
(Sharecast News) - The UK's competition watchdog formally launched an investigation into the recent merger of two major healthcare real estate companies on Wednesday, Primary Health Properties and Assura.
Naked Wines trades in line YTD
(Sharecast News) - Online wine retailer Naked Wines said on Wednesday that year-to-date trading continued to be in line with its FY26 guidance.
Videndum sells JOBY brand for undisclosed sum
(Sharecast News) - Content creation tools group Videndum has sold its consumer-facing tripods and camera mounts business JOBY to shift its focus on the more professional markets.
Brazil starts probe into $500m Anglo nickel sale - report
(Sharecast News) - Brazil's competition authority has confirmed it is looking into Anglo American's plan to sell its nickel operation in the country.
Cairn Homes lifts profit outlook as order book jumps
(Sharecast News) - Cairn Homes reported a drop in first-half revenues on the back of lower property sales, though a big increase in the order book has bolstered the outlook for the second half, prompting an upgrade to guidance for the full year.
Bakkavor boosts full-year profits outlook
(Sharecast News) - Convenience food maker Bakkavor Group boosted its full-year profits forecast on Wednesday, following a strong first half.
China's services sector grows in August at fastest pace in more than a year
(Sharecast News) - Activity in China's services sector grew in August at the fastest pace in more than a year, according to a private survey released on Wednesday.
Hilton Food delivers 'robust' H1 performance
(Sharecast News) - Food manufacturer Hilton Food said on Wednesday that it had delivered a "robust performance and further strategic progress" in the six months ended 29 June, despite "challenging" market conditions.
M&G reports strong inflows as H1 profits hold steady
(Sharecast News) - M&G on Wednesday reported steady profits for the first half, though the investment manager saw strong net flows from open business.
WoS shares jump after upbeat outlook on US tariff impact
(Sharecast News) - Shares in Watches of Switzerland jumped on Wednesday as the luxury timepiece seller said it did not expect any material impact from US tariffs in the first half of fiscal 2026 as brand partners increased inventories.
Ashtead reiterates outlook on 'solid' first-quarter trading
(Sharecast News) - Construction equipment rental specialist Ashtead Group reiterated its full-year outlook on Wednesday, despite a dip in first-quarter earnings.
US manufacturing sector sees strongest performance since May 2022
(Sharecast News) - Operating conditions in the US manufacturing sector improved in August at the fastest pace since May 2022, according to a survey released on Tuesday.
Crypto platform Gemini files for Nasdaq IPO
(Sharecast News) - New York-based crypto platform Gemini said on Tuesday that it was seeking a valuation of up to $2.2bn in a US initial public offering.
Jaguar Land Rover experiences cyber incident
(Sharecast News) - British multinational automobile manufacturer Jaguar Land Rover said on Tuesday that it has been impacted by a cyber incident, with staff at its Merseyside plant told not to report to work.
Ecora agress to sell Dugbe Gold Project royalty
(Sharecast News) - Ecora Resources announced on Tuesday that it has agreed to sell its 2% net smelter return royalty over the Dugbe Gold Project in Liberia for up to $20m, enabling it to unlock value from a non-core asset and accelerate debt reduction.
Rathbones kicks off £50m share buyback
(Sharecast News) - Rathbones Group launched a share buyback programme of up to £50m on Tuesday, with the stated aim of reducing the company's share capital.
Rathbones kicks off £50m share buyback
(Sharecast News) - Rathbones Group launched a share buyback programme of up to £50m on Tuesday, with the stated aim of reducing the company's share capital.
Caledonia Investments agrees to sell Stonehage Fleming stake
(Sharecast News) - Caledonia Investments announced an agreement to sell its minority stake in Stonehage Fleming on Tuesday, to US-based Corient Private Wealth, in a deal expected to complete in the first half of 2026, subject to regulatory approvals.
Severfield trading as expected, flags second-half weighting
(Sharecast News) - Severfield said in an update on Tuesday that trading since the start of its financial year had been in line with expectations, with full-year results for the 2026 financial year still expected to be heavily weighted towards the second half.
Tuesday preview: US factory activity, Euro area CPI in focus
(Sharecast News) - Investors' focus on Tuesday will be on survey results covering US factory sector activity during the month of August.
Berenberg lowers target price on Michelmersh following interim results
(Sharecast News) - Analysts at Berenberg lowered their target price on brick maker Michelmersh from 170p to 150p on Tuesday after the group published its H125 results earlier in the morning.
RBC Capital downgrades BAT to 'underperform'
(Sharecast News) - RBC Capital Markets downgraded British American Tobacco on Tuesday to 'underperform' from 'sector perform' but lifted the price target to 3,400p from 3,000 as it said profit expectations for the company's New Categories are "seriously overblown".
Uniphar reports strong first half
(Sharecast News) - Uniphar reported a strong first half on Tuesday, with double-digit earnings growth and solid organic expansion across all three divisions, leaving the group on track to meet full-year expectations.
Johnson Service Group reports first-half growth, launches buyback
(Sharecast News) - Johnson Service Group reported a rise in first-half revenue and profits on Tuesday, confirming it remained on track to meet full-year expectations, as it unveiled a new £25m share buyback programme following the completion of a previous £30m scheme.
Oxford Nanopore reports stronger-than-expected first half, shares slide
(Sharecast News) - Oxford Nanopore Technologies shares were in the red on Tuesday morning, even after it reported a stronger-than-expected first half, with revenue growth across all regions and customer segments and a narrowed loss as it reaffirmed its full-year guidance.
Wizz Air passenger numbers grow 11.4pc in August
(Sharecast News) - Low-cost carrier Wizz Air said on Tuesday that it had carried 6.91m passengers during August, an 11.4% increase year-on-year.
Suntory CEO Niinami resigns over police drugs probe
(Sharecast News) - Suntory chief executive Takeshi Niinami resigned on Tuesday after police searched his home as part of an investigation into suspected illegal supplements, the global drinks giant said.
Nestle sacks CEO over undisclosed relationship with subordinate
(Sharecast News) - Nestle shares fell on Tuesday as the Swiss food giant sacked chief executive Laurent Freixe after just one year in the job because he failed to disclose a relationship" with a subordinate.
Bank of America downgrades Taylor Wimpey to 'neutral', sees near-term headwinds
(Sharecast News) - Bank of America downgraded Taylor Wimpey to 'neutral' from 'buy' on Tuesday and cut the price target 13% to 105p, pointing to near-term headwinds.
Eurozone inflation ticks above ECB 2% target in Aug - flash estimate
(Sharecast News) - Eurozone inflation ticked up above the European Central Bank's 2% target for the first time since April, according to an official flash estimate published on Tuesday.
Ithaca Energy slides as Delek, Eni sell 49.6m shares in placing
(Sharecast News) - Ithaca Energy tumbled on Tuesday after major shareholders Delek and Eni sold just over 49.6m shares in the company in a placing.
Shawbrook to buy specialist lender ThinCats
(Sharecast News) - Shawbrook said on Tuesday that it has agreed to buy specialist lender ThinCats for an undisclosed sum.
Ryanair carries record 21m passengers in August
(Sharecast News) - Budget carrier Ryanair said on Tuesday that it had carried a new record of 21m passengers during August, up 2% year-on-year on last year's 20.5m.
Plus500 secures new ICE clearing membership
(Sharecast News) - Plus500 said it has secured a new clearing membership with ICE Clear Europe, part of the Intercontinental Exchange Group, one of the world's largest operators of exchanges and clearing houses for listed derivatives.
Everplay interim revenues fall, FY adjusted EBITDA seen 'slightly ahead' of expectations
(Sharecast News) - Games developer Everplay Group, formerly known as Team17, said on Tuesday that full-year adjusted underlying earnings were expected to be slightly ahead of current market expectations, despite reporting a decline in interim revenues.
Centrica says two nuclear power stations get life extensions
(Sharecast News) - Centrica said two UK nuclear power stations in which it has a 20% share had been given life extensions of a year.
Revolut launches $75bn secondary share sale for staff
(Sharecast News) - British neobank Revolut has initiated a secondary share sale, allowing employees to offload shares in the company at a valuation of $75bn.
Empyrean Energy reports on 'frustrating year'
(Sharecast News) - Shares in Empyrean Energy dropped on Monday after the Australia-based oil and gas explorer reported its results following a "very frustrating year".
JPMorgan lifts Tesco price target, places stock on 'positive catalyst watch'
(Sharecast News) - JPMorgan Cazenove placed Tesco on 'positive catalyst watch' on Monday ahead of first-half results next month, as it lifted the price target to 450p from 400p and reiterated its 'overweight' rating.
Chill Brands appointed primary distribution partner by Relx International
(Sharecast News) - Chill Brands said on Monday that it has been appointed as primary distribution partner in the UK for Relx International, a "global leader" in the vaping sector.
McLaren valued at over £3bn as majority owners eye full control
(Sharecast News) - McLaren Racing's majority shareholders are set to purchase the remaining 30% stake they don't already own in a deal that values the Formula One team at over £3bn, according to Sky News.
CMA launches initial probe into Greencore's acquisition of Bakkavor
(Sharecast News) - The UK's competition watchdog said on Monday that it was launching an investigation into convenience food manufacturer Greencore's £1.2bn acquisition of rival Bakkavor.
Royal Mail parent IDS swings to profit under new ownership
(Sharecast News) - Royal Mail parent company International Distribution Services posted a profit in its first results since Czech billionaire Daniel Křetínský's EP Group acquired a controlling stake in the firm, marking a sharp turnaround from last year's losses.
Berenberg raises target price on Boku
(Sharecast News) - Analysts at Berenberg raised their target price on mobile payments company Boku from 280p to 300p on Monday as it said the firm was a "high-quality and differentiated offering" in the "increasingly commoditised" payment-processing industry.
Deutsche Bank maintains long-term positive view on UK banks
(Sharecast News) - Deutsche Bank said on Monday that its potential long-term positive view on banks remains after the sector took a hit on Friday as the Institute for Public Policy Research suggested a potential windfall tax.
Wise said to be exploring UK banking license
(Sharecast News) - International payments firm Wise was said to be exploring the possibility of becoming a UK-licensed bank, according to the Times, with the firm said to be in early-stage discussions with regulators about the feasibility of securing a banking licence.
UK inks £10bn warship deal with Norway, defence stocks pop
(Sharecast News) - Defence stocks were in the green in London on Monday, after the UK secured its largest-ever warship export deal.
Genuit buys Monodraught for £55.6m
(Sharecast News) - Genuit said on Monday that it has bought Monodraught - a provider of commercial ventilation solutions in the UK - for £55.6m.
Kainos FY revenues seen at upper end of consensus
(Sharecast News) - IT provider Kainos Group said on Monday that it now anticipates full-year revenues to be at the upper end of consensus forecasts, driven by "stronger sales" in the period.
GPE bolsters West End estate with £18m purchase
(Sharecast News) - Real estate group Great Portland Estates has bolstered its portfolio of fully managed buildings within the West End with the £18m acquisition of The Gable, WC1 from the City of London Corporation.
Domino's Pizza Group to buy back shares after recent sell-off
(Sharecast News) - Domino's Pizza Group has announced a £20m share buyback as it makes the most of a big plunge in its share price over recent weeks.
House price growth slows in August - Nationwide
(Sharecast News) - Annual house price growth slowed in August as affordability remained stretched, according to a survey released by Nationwide on Monday.
Intertek acquires Australian environment testing provider Envirolab
(Sharecast News) - Quality assurance provider Intertek has acquired Australian environmental testing and analysis provider Envirolab for an undisclosed sum, exposing it to the "fast growth and attractive" Asia-Pacific environmental testing market.
Wood Group agrees £216m takeover by Dubai's Sidara
(Sharecast News) - Wood Group said on Friday that it has agreed to be taken over by Sidara in a £216m deal that will see the Dubai-based engineering and consulting firm provide a cash injection of $450m.
Petra Diamonds sees strong shareholder support for refinancing plan
(Sharecast News) - Petra Diamonds has announced that its recently announced fundraising plan has received strong support from shareholders, though shares fell sharply after a strong surge earlier this month.
JTC rejects Permira takeover proposals
(Sharecast News) - JTC said on Friday that it had rejected two takeover proposals from private equity firm Permira.
Atome losses widen in first half
(Sharecast News) - Atome reported a wider first-half loss on Friday, but said it had made "considerable progress" on its flagship Villeta low-carbon fertiliser project as it moved towards a final investment decision before the end of 2025.
Apax Global Alpha NAV falls as board backs Janus takeover
(Sharecast News) - Apax Global Alpha reported a fall in net asset value in the first half of 2025 on Friday, as currency movements weighed on returns, while its board backed a takeover offer from Janus Bidco.
Brookfield Wealth updates market on Just Group acquisition financing
(Sharecast News) - Brookfield Wealth Solutions (BWS) confirmed the successful syndication of a majority of Royal Bank of Canada's commitments under the financing arrangements for its planned acquisition of Just Group on Friday.
P&O Ferries CEO Hebblethwaite to resign
(Sharecast News) - P&O Ferries, a subsidiary of DP World, confirmed on Friday that chief executive Peter Hebblethwaite was planning to resign.
Berenberg nudges up target price on Chesnara
(Sharecast News) - Analysts at Berenberg nudged up their target price on UK life and pension consolidator Chesnara from 328p to 333p on Friday following the group's first-half earnings a day earlier.
Frasers Group appoints Jon Thompson as new chair as Daly steps down
(Sharecast News) - Frasers Group said on Friday that chair David Daly will step down from the board at the annual general meeting next month after eight years of service and will be succeeded by Sir Jon Thompson on 1 September.
Citi hikes Rolls-Royce price target
(Sharecast News) - Citi hiked its price target on Rolls-Royce on Friday to 1,101p from 641p, citing three main factors.
Pantheon International NAV increases in July
(Sharecast News) - Private equity investor Pantheon International said on Friday that its net asset value had increased 3.7% in July to 510.4p per share, primarily by favourable foreign exchange movements and valuation gains, while total NAV grew to £2.3bn.
Ocean Wilsons urges investors to approve Hansa merger
(Sharecast News) - Ocean Wilsons has once again urged investors to back its £900m merger with Hansa after US investor Arnhold said it would vote against the deal, claiming it undervalued the UK maritime services and investment firm.
Wood Group sells North American division for $110m
(Sharecast News) - Engineering and consulting business Wood Group has sold its transmission and distribution division in North America as it sheds non-core businesses ahead of its possible takeover by Sidara.
Sports car maker Lotus to cut 550 jobs in UK
(Sharecast News) - Sportscar manufacturer Lotus is cutting 550 jobs at its UK headquarters in Norfolk, the company said on Thursday, citing US tariffs.
BNPP Exane upgrades Currys, says iD Mobile is underappreciated
(Sharecast News) - BNP Paribas Exane upgraded Currys on Thursday to 'outperform' from 'neutral' and lifted the target price to 135p from 115p as it said the iD Mobile business is an underappreciated driver of the company's growth, "enhancing sales, margins, and underpinning valuation".
Delivery Hero cuts FY profit outlook
(Sharecast News) - German takeaway food delivery firm Delivery Hero has cut its full-year profit outlook citing foreign exchange headwinds.
Eurozone economic sentiment dips in August
(Sharecast News) - Economic sentiment in the eurozone dipped in August, according to a survey released on Thursday.
Berenberg raises target price on JD Sports
(Sharecast News) - Analysts at Berenberg hiked their target price on sportswear retailer JD Sports from 128p to 155p on Thursday, stating it played "an important role in the market".
Australia probe into Gupta deepens - report
(Sharecast News) - Troubled metals tycoon Sanjeev Gupta is reportedly facing a wider probe by Australian regulators into his operations in the country.
PPHE Hotel Group revenue rises, margins under pressure
(Sharecast News) - PPHE Hotel Group reported a rise in revenue for the first half of 2025 on Thursday, but flagged margin pressures from normalising room rates and higher costs, as it continued to expand its hotel portfolio and development pipeline.
Greggs delays Moorhead appointment until WH Smith review completed
(Sharecast News) - Greggs said on Thursday that Robert Moorhead has asked to defer his appointment to the board after a review into WH Smith has been completed.
Gulf Keystone revenue, earnings rise in first half
(Sharecast News) - Gulf Keystone Petroleum reported higher first-half revenue and earnings on Thursday, as increased production and firmer prices lifted results, despite a temporary shutdown at its Shaikan Field in July.
PureTech Health contract revenues surge, cuts costs as portfolio strategy evolves
(Sharecast News) - Biotherapeutics firm Puretech Health said on Thursday that it had made "meaningful progress" across its portfolio in the first half of 2025, with contract revenues soaring throughout the period.
Barclays sells Entercard stake to Swedbank
(Sharecast News) - Barclays said it had sold its shareholding in Entercard Group to its joint venture partner, Swedbank at book value - estimated to be 2.6 billion Swedish crowns.
Distribution weakness offsets manufacturing growth at Macfarlane
(Sharecast News) - Macfarlane Group reported higher first-half revenue but a sharp fall in profit on Thursday, as weaker demand in its distribution arm offset growth in manufacturing operations.
FCA investigating Drax over biomass sourcing statements
(Sharecast News) - Drax tumbled on Thursday after saying it is being investigated by the Financial Conduct Authority over statements regarding biomass sourcing.
Softcat forecasts strong FY25 profit growth, expects softer gains in FY26
(Sharecast News) - IT infrastructure firm Softcat said on Thursday that it now expected to deliver "high-teens growth" in full-year gross profits and "mid-teens growth" in FY operating profits as it continued to "trade well" during the fourth quarter, supported by further conversion of larger solutions projects.
Hunting holds guidance but cautious on trading
(Sharecast News) - Precision engineering group Hunting on Thursday held full-year guidance but cautioned that market uncertainty could impact results.
Thursday preview: US Q2 GDP, Nvidia results in focus
(Sharecast News) - The market spotlight on Thursday will be on a preliminary reading for second quarter GDP growth in the US.
UK retail sales drop for eleventh month in a row in August - CBI
(Sharecast News) - UK retail sales fell for the eleventh month in a row in the year to August, according to a survey released on Wednesday by the Confederation of British Industry, with weak demand, increased labour costs, and low confidence continuing to take their toll.
JD Sports still struggling with LFL declines, but Shore Capital stays positive
(Sharecast News) - JD Sports' update this week revealed that underlying sales continued to struggle in the second quarter, but Shore Capital maintained a 'buy' rating on the stock, citing a "depressed" valuation.
Foresight firms agree to sell stakes in Lunanhead battery project
(Sharecast News) - Foresight Environmental Infrastructure and Foresight Solar Fund announced on Wednesday that they have agreed to sell their 50% stakes in the 50MW Lunanhead battery energy storage project in Perthshire, Scotland, with the deal expected to close later this quarter.
Riverstone Energy reports small profit, confirms wind-down plans
(Sharecast News) - Riverstone Energy reported a half-year profit of $3m as its board confirmed plans for a managed wind-down of the company, approved by shareholders earlier this month.
International Personal Finance extends talks with suitor BasePoint
(Sharecast News) - International Personal Finance said on Wednesday discussions with BasePoint Capital over a possible recommended cash offer for the company were continuing, with the UK Takeover Panel granting an extension to the formal bid deadline.
Berenberg initiates trio of UK industrials with 'buy' ratings amid sector underperformance
(Sharecast News) - Analysts at Berenberg initiated coverage on a number of UK capital goods and industrial engineering firms on Wednesday, noting that UK industrials have underperformed the market 11.8% year-to-date, with macroeconomic uncertainty and tariffs not helping matters.
Wednesday preview: Nvidia, US debt auction in focus
(Sharecast News) - Investors' focus in the middle of the week will be on US chip-making giant Nvidia, which is due to release its second quarter results after the New York close.
National Grid calls for Ofgem to go further with price determination
(Sharecast News) - National Grid urged Ofgem to make significant changes to its RIIO-ET3 draft determination on Wednesday, saying it wanted to ensure the next price control delivered the scale of investment needed for Britain's electricity transmission network.
Thames Water agrees payment plan for Ofwat penalty bill
(Sharecast News) - Thames Water has secured a payment plan with Ofwat for £122.7m in penalties, it was confirmed on Wednesday, as it raced to avoid collapse and potential temporary nationalisation.
Cykel AI in talks about 'significant' equity investment
(Sharecast News) - Shares in Cykel AI dropped sharply on Wednesday, pulling back after a surge over the past few days, as the AI product and research company confirmed speculation of "possible significant equity investment".
Frasers takes minority stake in We Do Play
(Sharecast News) - Frasers Group said on Wednesday that it has taken a minority stake in UK leisure company We Do Play, which operates Rumble Rooms and gaming venues Activate.
Prudential announces new share buybacks as H1 profits beat estimates
(Sharecast News) - Prudential delivered double-digit growth across its key metrics in the first half, with earnings coming in ahead of analysts' forecasts as it announced new plans for share buybacks over the next two years.
Ofgem confirms 2pc energy price cap rise from October
(Sharecast News) - Millions of Britons will face higher energy bills this autumn after Ofgem confirmed a 2% increase in its quarterly price cap, slightly above market expectations.
Ofgem confirms 2pc energy price cap rise from October
(Sharecast News) - Millions of Britons will face higher energy bills this autumn after Ofgem confirmed a 2% increase in its quarterly price cap, slightly above market expectations.
Rio Tinto simplifies structure into three businesses
(Sharecast News) - Mining giant Rio Tinto announced on Wednesday that it was simplifying its product group structure into three businesses - iron ore, aluminium & lithium, and copper.
Hochschild slashes output forecast at Brazil Mara Rosa mine
(Sharecast News) - Hochschild Mining cut its full year production target after problems at its Mara Rosa operation in Brazil due to weather and contractor performance issues.
JD Sports H1 sales slip, FY pre-tax profits seen in line with expectations
(Sharecast News) - Sports fashion retailer JD Sports said on Wednesday that it expects FY26 pre-tax profits to meet current market expectations despite seeing group sales fall in the six months ended 2 August.
Debenhams posts widening of losses but outlook upbeat
(Sharecast News) - Debenhams Group - which rebranded from Boohoo earlier this year - reported a widening of its full-year losses on Tuesday as revenue fell, but struck an upbeat note on the outlook and said it was exploring the sale of PLT.
Shore Capital sees upside at Bunzl ahead of H2 recovery
(Sharecast News) - Bunzl's share price was up 5% on Tuesday after a solid first-half report from the distribution company, with broker Shore Capital reiterating a 'buy' stance on the stock.
Majedie Investments enters £15m revolving credit facility
(Sharecast News) - Majedie Investments announced a one-year £15m revolving credit facility with BNP Paribas on Tuesday, providing the company with greater flexibility in how it employs leverage across its operations.
EnQuest signs production sharing contracts in Indonesia
(Sharecast News) - EnQuest announced Tuesday that it has signed production sharing contracts with the Indonesian government and joint venture partners for the Gaea and Gaea II exploration blocks in Papua Barat, marking its entry into Indonesia.
ITM Power subsidiary Hydropulse enters partnership with ABO Energy
(Sharecast News) - ITM Power announced on Tuesday that its newly-established subsidiary Hydropulse has entered into a strategic partnership with international renewable energy developer ABO Energy to accelerate the rollout of decentralised green hydrogen production facilities across Europe.
RBC Capital Markets raises target price on OXB
(Sharecast News) - Analysts at RBC Capital Markets hiked their target price on gene and cell therapy firm OXB from 800p to 930p on Tuesday following its recent oversubscribed £60m equity funding and revenue guidance reiteration.
Deutsche Bank downgrades AB Foods, Kingfisher and Wickes
(Sharecast News) - Deutsche Bank downgraded its stance on Associated British Foods, Kingfisher and Wickes on Tuesday as it took a look at the UK retail sector.
Filtronic secures $62.5m SpaceX order
(Sharecast News) - RF solutions business Filtronic said on Tuesday that it has secured a $62.5m order with Elon Musk's SpaceX for its next-generation, proprietary gallium nitride E-band product, its largest single order to date.
Ashtead Technology confirms move to main market as H1 results impress
(Sharecast News) - Shares in AIM-listed Ashtead Technology jumped on Tuesday after the subsea tech group revealed a surge in both revenues and adjusted profits in the first half, as it confirmed plans to move to the Main Market.
Workspace lets out HQ office to Wild Cosmetics
(Sharecast News) - Workspace Group has announced a new five-year lease at its Kennington Park site in London, giving up its own headquarters to Wild Cosmetics as the office management company relocates to Camden.
British American Tobacco CFO Benchikh steps down
(Sharecast News) - British American Tobacco said on Tuesday that chief financial officer Soraya Benchikh is stepping down with immediate effect.
Wood Group willing to accept lower Sidara offer
(Sharecast News) - Wood Group has announced that it would be willing to accept a reduced takeover offer from Dubai-based Sidari, but has extended the deadline for talks by another three days.
Bunzl H1 operating profits fall, margin contraction offsets modest revenue growth
(Sharecast News) - Distribution giant Bunzl said on Tuesday that margin pressure and flat revenues had offset ongoing strength in its base business throughout the six months ended 30 June.
Halma buys Netherlands' Brownline for €150m
(Sharecast News) - Halma on Tuesday said it had bought Netherlands-based gyroscopic locating system maker Brownline for €150m (£129m).
Redcentric shares jump on potential sale of data centre operations
(Sharecast News) - Shares in Redcentric jumped on Friday after the IT managed services provider confirmed press speculation about the potential sale of its data centres division.
TikTok to cut hundreds of UK jobs, shift more moderation to AI
(Sharecast News) - TikTok is cutting hundreds of UK jobs as part of a global restructuring, it was reported on Friday, that would see content moderation increasingly handled by artificial intelligence rather than human staff.
UK govt to pick up wages, pensions at collapsed Liberty Steel plant
(Sharecast News) - The UK government said it would pay August wages and pension contributions for workers at Liberty Steel's plant in South Yorkshire after a government-appointed special manager took over the collapsed company.
ASOS could lose FTSE 250 place in latest reshuffle
(Sharecast News) - No changes are expected to the roster of blue chips on the FTSE 100 as part of index provider FTSE Russell's quarterly reshuffle of UK equity benchmarks, though fast fashion retailer ASOS is set to be kicked out of the FTSE 250.
Standard Chartered rises on favourable filing in 'Brutus' case
(Sharecast News) - Standard Chartered shares rose on Friday after the bank welcomed what it described as a favourable filing from the US Department of Justice in a long-running civil case involving allegations of sanctions breaches.
AkzoNobel shares spark as Cevian takes 3% stake
(Sharecast News) - Shares of AkzoNobel shot higher on Friday as it emerged that activist investor Cevian Capital has taken a 3.02% stake in the Dulux owner.
Revolution Beauty cancels sale, brings back founders to lead 'strategic reset'
(Sharecast News) - Revolution Beauty has terminated its sale process and announced a proposed fundraising to raise £16.5m, as it brings back its co-founders to lead a "strategic reset" to turn the business around - which includes sweeping redundancies.
Blackstone set to win Warehouse race as Tritax rules out higher bid
(Sharecast News) - Blackstone has emerged as the winner in the race to buy Warehouse Reit, after rival bidder Tritax Big Box said it would not increase its offer for the commercial landlord.
Sorted Group renews contract with M&S
(Sharecast News) - Sorted Group said on Thursday that it has renewed its contract with Marks & Spencer until September 2028, extending a partnership that it said underpins the retailer's delivery operations with Sorted's cloud-based technology.
TBC Bank JV to buy majority stake in OLX Uzbekistan
(Sharecast News) - TBC Bank said on Thursday that it has agreed to buy a majority stake in OLX, an online classifieds platform in Uzbekistan, from OLX Group, a classifieds business of Prosus.
Everplay announces new 'Hell Let Loose' instalment
(Sharecast News) - Everplay Group announced Hell Let Loose: Vietnam on Thursday, a new instalment in its successful first-person multiplayer shooter franchise, scheduled for release in 2026 on Xbox, PlayStation, Epic Games Store and Steam.
Friday preview: Jackson Hole, UK consumer confidence in the spotlight
(Sharecast News) - Friday will bring with it the week's main risk event for financial markets.
Waitrose boss James Bailey to leave in September
(Sharecast News) - Waitrose managing director James Bailey is to step down from the supermarket chain later this year, parent company The John Lewis Partnership said on Thursday.
RBC Capital upgrades Convatec to 'outperform'
(Sharecast News) - RBC Capital Markets upgraded Convatec on Thursday to 'outperform' from 'sector perform' as it said the recent share price reaction was likely overdone and the current price is a buying opportunity ahead of solid underlying top line growth and mid-term margin development.
Debenhams secures £175m credit facility
(Sharecast News) - Fast-fashion retailer Debenhams Group has bolstered its financial firepower with a new funding agreement as it looks to scale operations and reposition itself across the fashion, home and beauty segments.
WH Smith tanks after profit warning
(Sharecast News) - Shares in WH Smith tumbled on Thursday after the retailer cut its profit outlook, having uncovered an accounting overstatement of around £30m for North America trading profit.
Robinson's H1 profits surge, but trading conditions still 'challenging'
(Sharecast News) - Plastic and paperboard packaging group Robinson saw profits more than double in the first half despite subdued top-line performance, but the company delivered a cautious outlook for demand.
Marks & Spencer to pour £340m into new National Distribution Centre
(Sharecast News) - British retailer Marks & Spencer has unveiled plans for a major expansion of its food logistics network, committing to the largest supply chain investment in its history as it sharpens its focus on becoming a weekly grocery destination.
Citi lifts Whitbread price target, reiterates 'buy' rating
(Sharecast News) - Citi lifted its price target on Whitbread on Thursday to 3,800p from 3,600p as it reiterated its 'buy' rating, saying it sees a "compelling investment case" after the 29% share price increase since April.
United Utilities announces partner for £3bn Haweswater aqueduct upgrade
(Sharecast News) - United Utilities has announced a £3bn deal to refurbish the Haweswater aqueduct, which carries water from Cumbria to 2.5m customers across Greater Manchester and Lancashire.
Renishaw FY profits seen at top end of guidance, finance director to retire
(Sharecast News) - Engineering firm Renishaw said on Thursday that full-year revenue and profits would be towards the middle and top ends of previous guidance, respectively.
Premier Foods buys Merchant Gourmet for £48m
(Sharecast News) - Premier Foods said it had bought healthy meals brand Merchant Gourmet for an enterprise value of £48m on a cash and debt free basis.
MyCelx opens line of credit to support, sales, marketing and financing
(Sharecast News) - MyCelx Technologies said on Wednesday that it has opened a $0.5m line of credit with TriState Capital Bank to support sales, marketing and project financing as it expanded in the PFAS remediation and produced water treatment markets.
Sweden holds rates, sees possible cut later this year
(Sharecast News) - Sweden's central bank kept interest rates on hold, but said there was still the possibility of a cut later in the year with inflation running above target.
Thursday preview: Jackson Hole, Global PMIs in focus
(Sharecast News) - All eyes on Thursday will be on the start of the Jackson Hole Economic Symposium in the US.
Target posts modest Q2 beat, same-store sales decline
(Sharecast News) - Shares in retail giant Target slumped early on Wednesday despite posting a modest beat in its second-quarter results, as disciplined cost control and digital growth helped offset continued softness in store traffic and merchandise margins.
Barclays upgrades United Utilities, sees 'better prospects' for water sector
(Sharecast News) - Barclays upgraded United Utilities on Wednesday, saying it sees "better prospects" for the water sector amid an improving outlook, as it lifted price targets across all three big names.
Convatec launches $300m buyback, shares surge
(Sharecast News) - Convatec surged on Wednesday as the medical products company launched a share buyback programme of up to $300m.
Costain shares tank as first-half revenues drop 18%
(Sharecast News) - Shares in Costain plummeted on Wednesday despite the construction and engineering firm hiking its dividend, as revenues in the first half dropped by almost a fifth.
Angling Direct reports stronger-than-expected H1 trading performance
(Sharecast News) - Fishing tackle and equipment retailer Angling Direct reported a stronger-than-expected first-half trading performance on Wednesday, with revenues boosted by a solid UK performance.
Berenberg ups target price on Hill and Smith
(Sharecast News) - Analysts at Berenberg raised their target price on construction and infrastructure products manufacturer Hill & Smith from 2,500p to 2,650p on Wednesday after the group reported "an encouraging set of H125 results" a week earlier.
RBC Capital upgrades Aberdeen, says earnings recovery 'on firmer footing'
(Sharecast News) - RBC Capital Markets upgraded Aberdeen to 'sector perform' from 'underperform' on Wednesday and hiked the price target to 195p from 140p, reflecting improvements across its three segments.
Computacenter appoints Keith Mortimer as new CFO
(Sharecast News) - B2B tech firm Computacenter has promoted its head of group commercial finance to the chief financial officer position following a nine-month internal and external search.
Lion Finance Group expands buyback as first-half profits rise
(Sharecast News) - Lion Finance Group posted a sharp rise in profit for the first half of 2025 on Tuesday, supported by robust growth in Georgia and Armenia, while announcing both an interim dividend and a share buyback programme.
OSB H1 profits fall, maintains interim dividend
(Sharecast News) - Mortgage lender OSB Group said on Wednesday that profits had fallen in the six months ended 30 June, with rising funding costs and a competitive mortgage market weighing on profitability.
Ithaca Energy shares jump on production guidance upgrade, profits
(Sharecast News) - Shares in Ithaca Energy jumped on Wednesday as the North Sea oil and gas explorer upgraded full-year production guidance as profits and output doubled in the first six months of the year.
Anglo seeks damages as Peabody pulls out of $3.8bn coal sale
(Sharecast News) - American coal miner Peabody has officially pulled out of the $3.8bn move to take over Anglo American's steelmaking coal business in Australia, blaming a contested 'material adverse change' to the deal first announced last November.
Wednesday preview: UK CPI, Fed minutes in focus
(Sharecast News) - The market spotlight in the middle of the week will switch to the Bank of England.
Capricorn Energy says full Waldorf earn-out payout now unlikely
(Sharecast News) - Capricorn Energy has said that a full recovery of nearly $30m owed to it relating to an agreement with distressed North Sea oil and gas producer Waldorf Production is now unlikely.
Canaccord Genuity sees major upside at Wilmington after Spanish bolt-on deal
(Sharecast News) - Canaccord Genuity has reiterated its positive stance on Wilmington following the company's recent acquisition of a Spanish regtech company, saying it sees around 35% upside from the stock's current level.
Cambridge Cognition's Monument enters schizophrenia partnership with FNIH
(Sharecast News) - Cambridge Cognition said on Tuesday that Monument Therapeutics, in which it holds a 20% stake, has partnered with the Foundation for the National Institutes of Health to trial a new treatment for schizophrenia.
Berenberg raises target price on Entain
(Sharecast News) - Analysts at Berenberg raised their target price on bookmaker Entain from 1,100p to 1,200p on Tuesday, stating the group's valuation remained "attractive".
Deutsche Bank hikes JD Sports price target, shares spark
(Sharecast News) - JD Sports surged on Tuesday after Deutsche Bank upped its price target on the stock to 100p from 85p.
Applied Nutrition flags full-year results ahead of expectations
(Sharecast News) - Applied Nutrition said in an update on Tuesday that it expects full-year results to come in ahead of market expectations, with revenue and profit both posting strong double-digit growth.
RBC Capital downgrades Dowlais, says American Axle deal now in the price
(Sharecast News) - RBC Capital Markets downgraded Dowlais on Tuesday to 'sector perform' from 'outperform' as the American Axle deal gets closer and is now in the price.
Tribal Group shares surge as H1 post-tax profits skyrocket
(Sharecast News) - Education software firm Tribal Group reported a solid first-half performance on Tuesday, underpinned by continued momentum in its shift to a full-service software as a service model.
Power Metal exits position in Guardian Metal for £14m
(Sharecast News) - Diversified mining company Power Metal Resources has sold its remaining stake in Guardian Metal Resources for £13.6m, marking an 11.8 times return on its original investment.
RBC Capital Markets upgrades Metro Bank to 'outperform'
(Sharecast News) - RBC Capital Markets upgraded Metro Bank to 'outperform' from 'sector perform' on Tuesday and reiterated its 155p price target.
BHP FY profits sink to five-year low
(Sharecast News) - Mining giant BHP said on Tuesday that full-year profits had fallen to a five-year low, with sluggish demand from China weighing on iron ore prices.
IWG shares tank on FY profit forecast
(Sharecast News) - Shares in International Workplace Group fell more than 16% on Tuesday after the company said full-year earnings would be at the lower end of its forecast range as the Regus owner invested more cash to grow its managed and franchise segments to take advantage of the rise in hybrid working.
Tuesday preview: Russia-Ukraine summit, US housing data in focus
(Sharecast News) - Investors' focus on Tuesday will be on the unexpected result of the previous day's meetings between the US and Ukrainian presidents together with multiple European leaders.
Bluefield Solar sells 250MW portfolio to its GLIL joint venture
(Sharecast News) - Bluefield Solar Income Fund said Monday it has completed the sale of a 250 megawatt portfolio of solar and battery storage assets to its joint venture with GLIL Infrastructure, marking the third phase of their strategic partnership.
UK consumer sentiment picks up in August
(Sharecast News) - UK consumer sentiment picked up in August after the Bank of England cut interest rates, according to a survey released on Monday.
RBC Capital downgrades Close Brothers to 'sector perform'
(Sharecast News) - RBC Capital Markets downgraded Close Brothers on Monday to 'sector perform' from 'outperform' as it said the motor finance event has played out.
Eurozone trade surplus falls in June as tariffs bite
(Sharecast News) - The eurozone's trade surplus fell sharply in June as the US tariff war continued to hit exports, according to official data published on Monday.
RBC Capital starts coverage of Babcock at 'outperform'
(Sharecast News) - RBC Capital Markets initiated coverage of Babcock on Monday with an 'outperform' rating and 1,200p price target.
Berenberg lowers target price on XP Power
(Sharecast News) - Analysts at Berenberg lowered their target price on critical power control systems XP Power from 1,700p to 1,500p on Monday following the group's interim results earlier in the month.
HICL Infrastructure disposes of seven UK PPP assets
(Sharecast News) - Infrastructure investor HICL Infrastructure said on Monday that it had agreed to dispose of a portfolio of seven UK public private partnership assets to Dutch pension services provider APG, for a total consideration of roughly £225m.
Great Portland Estates secures three new fully managed leasing deals
(Sharecast News) - Property developer Great Portland Estates said on Monday that it had secured three new fully managed leasing deals, totalling 11,720 square feet of "premium, refurbished office space".
LandSec sells London office block for £245m
(Sharecast News) - Land Securities on Monday said it had exchanged contracts for the sale of its Queen Anne's Mansions office block in London to Arora Group for £245m.
International Public Partnerships gets new lead portfolio manager
(Sharecast News) - International Public Partnerships said Friday that its investment adviser Amber Infrastructure had appointed Jamie Hossain as its lead portfolio manager, effective 1 September, succeeding Chris Morgan after a handover period.
Govt won't bail out UK's largest bioethanol plant - report
(Sharecast News) - The UK's largest bioethanol plant is reportedly set for closure with the loss of 160 jobs after the government confirmed it would not offer a bailout deal to the Lincolnshire facility.
Kenmare still in talks over Mozambique rights renewal
(Sharecast News) - Kenmare Resources said on Friday that it remained in talks with the Mozambican government over the renewal of key rights and concessions for its Moma Titanium Minerals Mine, following recent local media reports on the issue.
Bytes Technology announces £25m share buyback, shares spark
(Sharecast News) - Bytes Technology surged on Friday as the software, security, cloud and AI services specialist announced a share buyback programme of up to £25m.
Shore Capital praises AB Foods' actions to turn business around
(Sharecast News) - Shore Capital has reiterated a 'buy' rating for retail and food conglomerate Associated British Foods, praising the company's recent actions to deal with underperforming parts of the business.
Shein closes in on Asos amid record UK sales
(Sharecast News) - Shein's UK business reported record sales for 2024, it emerged on Friday, with revenue rising 32.3% to £2.05bn, according to filings at Companies House.
Intel shares pop on report US govt mulling investment
(Sharecast News) - Intel shares jumped in pre-market trade after a report that the US government is mulling taking a stake in the chipmaker.
Ocean Wilsons upbeat on investment performance, urges merger support
(Sharecast News) - Ocean Wilsons reported a 6.2% return on its investment portfolio for the second quarter on Friday, taking year-to-date performance to 5.1%, despite what it described as a "challenging macroeconomic environment marked by trade uncertainties and ongoing geopolitical tensions".
Berenberg raises target price on Antofagasta
(Sharecast News) - Analysts at Berenberg raised their target price on Chilean multinational Antofagasta from 2,100p to 2,200p on Friday following the group's first-half results a day earlier.
Kingsmill owner AB Foods to buy Hovis from PE firm Endless
(Sharecast News) - Kingsmill owner Associated British Foods said on Friday that it has agreed to buy Hovis Group from private equity firm Endless for an undisclosed sum.
MSQ rules out deal with Martin Sorrell's S4 Capital
(Sharecast News) - MSQ Partners has poured cold water over the idea of a potential merger with Martin Sorrell's S4 Capital.
Oxford Biomedica raises £60m to bolster US capacity
(Sharecast News) - Oxford Biomedica has raised £60m via a share placing and subcription to expand its US operations, the gene and cell therapy company announced on Friday.
RBC Capital cuts Beazley price target after results
(Sharecast News) - RBC Capital Markets cut its price target on Beazley on Thursday to 1,000p from 1,125p on lower forecasts, following the company's first-half results a day earlier.
Capital Limited reports lower first-half revenue, earnings
(Sharecast News) - Capital Limited reported lower first-half revenue and earnings on Thursday, but said improving momentum across all divisions supports upgraded full-year guidance.
EnQuest removes Heather Alpha topsides in huge lift operation
(Sharecast News) - EnQuest announced the completion of the safe removal of the Heather Alpha topsides on Thurdsay, marking a major milestone in its North Sea decommissioning programme.
PensionBee reports double-digit growth in customers, assets and revenue
(Sharecast News) - PensionBee reported double-digit growth in customers, assets and revenue for the first half of 2025 on Thursday, supported by higher marketing investment in the UK and foundational spending in its US business.
Rank Group revenue growth fails to impress, shares slide
(Sharecast News) - Shares in Rank Group were sliding on Thursday morning, even after it reported a sharp rise in annual revenue and profit on Thursday, underpinned by strong returns on targeted investments and aided by the passing of land-based casino reforms.
Canaccord Genuity lowers target price on Amaroq Minerals
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on Amaroq Minerals after the mining and exploration company cut its guidance for 2025 to 5,000 ounces.
Unite to acquire Empiric Student Property in £723m deal
(Sharecast News) - Student accommodation firm Unite Group said on Thursday that it has agreed to acquire rival Empiric Student Property in a cash-and-share deal that will reshape Britain's student accommodation landscape.
CAB Payments reports improving momentum heading into H2
(Sharecast News) - B2B FX and cross-border payments group CAB Payments said it made "good strategic progress" over the first half following the transformation plan announced last year, with the business in a stable position with momentum heading into the second half.
Frasers calls for suspension of Boohoo vice chair Mahmud Kamani
(Sharecast News) - Retail conglomerate Frasers Group has written an open letter to Boohoo, calling for the suspension of executive vice chair and co-founder Mahmud Kamani and requesting an independent investigation into loans he made to the fast fashion company's suppliers.
Diploma CFO Chris Davies resigns with immediate effect
(Sharecast News) - Diploma said on Thursday that chief financial officer Chris Davies has resigned with immediate effect.
Aviva shares spark as profit jumps 22% on price hikes, wealth inflows
(Sharecast News) - Shares in Aviva jumped to their highest level since 2007 as the UK insurer posted a 22% rise in half-year operating profit on the back of price hikes and growth in premium income.
Friday preview: US data on tap amid rising Fed rate cut hopes
(Sharecast News) - There are no major corporate releases scheduled for Friday in London so the market's focus will likely be on international economic announcements.
Antofagasta sees first-half profits surge as margins jump
(Sharecast News) - Copper miner Antofagasta has reported a 60% surge in first-half profits on the back of higher output and materially lower costs, helping to drive margins to their highest in four years.
Secure Trust Bank interim profits jump as customer deposits hit record
(Sharecast News) - Secure Trust Bank posted a jump in interim profit on Thursday as customer deposits hit a record high.
Savills first-half profit, revenue rise after strong Q1
(Sharecast News) - Savills reported a rise in first-half profit and revenue on Thursday, pointing to a strong first-quarter performance but a more subdued transactional market in the second quarter.
National Grid sells LNG terminal to Centrica, Energy Capital for £1.5bn
(Sharecast News) - National Grid said it had sold its Grain LNG terminal to British Gas owner Centrica and US-based Energy Capital Partners, part of Bridgepoint Group, for an enterprise value of £1.5bn.
Admiral H1 profits surge to record high amid UK customer growth
(Sharecast News) - Insurance firm Admiral Group delivered a robust set of interim results on Thursday, with growth in customer numbers and a continued focus on pricing discipline helping to offset sector-wide pressures.
Severfield announces Paul McNerney as new chief executive
(Sharecast News) - Severfield announced the appointment of Paul McNerney as its next chief executive officer on Wednesday, following a comprehensive search process.
Ultimate Products revenue falls as consumers spend less
(Sharecast News) - Ultimate Products reported a 3.4% drop in annual revenue to £150.1m for the year ended 31 July, as weaker demand for general merchandise offset growth in its core brands.
NewRiver to repurchase shares from Growthpoint Properties
(Sharecast News) - NewRiver REIT confirmed plans to repurchase up to 47.7 million shares from Growthpoint Properties at 75p each on Wednesday, alongside a secondary placing of the South African investor's stake.
Evoke H1 EBITDA jumps 44pc, pre-tax losses halve
(Sharecast News) - Betting and gaming group Evoke reported an improved first-half performance on Wednesday, with profitability and margin expansion helping offset modest top-line growth.
Berenberg upgrades Quilter to 'buy'
(Sharecast News) - Analysts at Berenberg upgraded Quilter from 'hold to 'buy' on Wednesday and said they "have been impressed" by the group's transformation, which they noted has driven "a material acceleration" of inflows of client assets over the past 18 months.
ITM Power signs supply deal for West Wales Hydrogen Project
(Sharecast News) - ITM Power announced the signing of a supply agreement and binding heads of terms for a long-term services deal with MorGen Energy on Wednesday, for the 20MW West Wales Hydrogen project in Milford Haven, marking a key step towards construction.
RBC Capital upgrades Genuit to 'outperform' on growth potential
(Sharecast News) - RBC Capital Markets upgraded Genuit on Wednesday to 'outperform' from 'sector perform' as it said the company was geared for growth.
Balfour Beatty H1 profit underpinned by UK construction arm
(Sharecast News) - Infrastructure group Balfour Beatty backed its full-year expectations on Wednesday as it posted a jump in first-half profit, underpinned by its UK construction business.
Thursday preview: Sharp UK GDP slowdown expected in Q2
(Sharecast News) - UK economic data is set to steal the limelight on Thursday morning, with investors awaiting their first look at preliminary GDP figures for the second quarter and industrial production numbers for June.
Shoe Zone shares tank after profit warning, dividend cancellation
(Sharecast News) - Shoe Zone's share price plummeted on Wednesday after the high street footwear retailer halved its profit forecasts for the current financial year and cancelled its dividend.
CLS Holdings rental income falls in H1, halves interim dividend
(Sharecast News) - Property investor CLS Holdings reported a mixed first-half performance on Wednesday, with progress on strategic priorities tempered by weaker rental income.
JPMorgan downgrades Legal & General to 'neutral' on valuation, earnings outlook
(Sharecast News) - JPMorgan Cazenove downgraded Legal & General on Wednesday to 'neutral' from 'overweight' and cut the price target to 275p from 290p on valuation, earnings outlook and competition risks.
Hill and Smith unveils £100m buyback following solid first half
(Sharecast News) - Construction and infrastructure products group Hill and Smith has announced a £100m share buyback programme after reporting strong cash generation and a double-digit increase in underlying profits in the first half.
Beazley H1 pre-tax profits fall, lowers FY premium growth guidance
(Sharecast News) - Specialist insurer Beazley reported a mixed set of first-half results on Wednesday, with solid premium growth offset by a sharp drop in profitability and a cut to full-year premium growth guidance.
Persimmon warns on margins due to costs, affordability
(Sharecast News) - House builder Persimmon said it still expected to deliver between 11,000 and 11,500 completions for the full year despite higher costs and the prospect of tax rises in October's Budget which could inpose "affordability constraints".
Concurrent Technologies launches compact military computer system
(Sharecast News) - Concurrent Technologies announced the launch of 'Apollo', a compact computer system designed for real-time processing in demanding environments, including military and aerospace applications, on Tuesday.
Boku to provide local payment solutions for Canva
(Sharecast News) - Boku announced a partnership with visual design platform Canva on Tuesday, to expand its access to customers in Asia and Europe through the integration of local payment methods.
PayPoint inks deal to take cash deposits for Lloyds customers
(Sharecast News) - PayPoint announced a partnership with Lloyds Banking Group on Tuesday, to provide cash deposit services for Lloyds, Halifax and Bank of Scotland customers at more than 30,000 retail locations across the UK.
Sirius expands UK portfolio with Hartlebury Estate acquisition
(Sharecast News) - Sirius Real Estate announced the expansion of its UK portfolio by around 20% on Tuesday, with the £101.1m acquisition of Hartlebury Trading Estate in Worcestershire, marking a significant addition to its BizSpace platform.
Atalaya reports record quarterly, half-year EBITDA
(Sharecast News) - Atalaya Mining posted record quarterly and half-year EBITDA for the first half of 2025 on Tuesday, supported by higher copper output, lower costs and strong free cash flow, prompting the company to raise its full-year production and cost guidance.
PureTech launches respiratory development vehicle Celea Therapeutics
(Sharecast News) - PureTech Health announced the launch of Celea Therapeutics on Tuesday, a new company focused on developing treatments for serious respiratory diseases, led by former Teva North America chief executive Sven Dethlefs.
Xaar revenue rises, adjusted losses widen slightly
(Sharecast News) - Xaar reported higher first-half revenue on Tuesday, driven by strong growth in its printhead business, as it said it remained on track to meet full-year expectations despite tariff-related headwinds affecting part of the group.
Ministers line up administrator for Thames Water - report
(Sharecast News) - Ministers have reportedly lined up insolvency practitioners to prepare for the potential collapse of Thames Water.
RBC Capital Markets cuts L&G price target, reiterates 'underperform'
(Sharecast News) - RBC Capital Markets reiterated its 'underperform' rating on Legal & General on Tuesday and cut the price target to 200p from 220p.
Wednesday preview: Persimmon and Beazley results in focus
(Sharecast News) - Housebuilder Persimmon will release first-half results, along with specialist insurer Beazley, construction group Balfour Beatty and travel firm TUI.
Spirax reports better-than-expected first half, shares pop
(Sharecast News) - Spirax Group reported first-half results that exceeded analyst expectations on Tuesday, sending shares soaring, as the company reaffirmed full-year guidance despite macroeconomic headwinds.
S&U delivers steady growth in H1 despite mixed macro backdrop
(Sharecast News) - Specialist lender S&U said on Tuesday that it had delivered steady growth across its motor finance and property bridging divisions despite a mixed macro backdrop.
Big Yellow obtains planning consent for Leamington Spa location
(Sharecast News) - Self-storage company Big Yellow said on Tuesday that it has obtained planning consent for a 55,000 square foot storage centre on its site in Leamington Spa.
Qinetiq to sell Federal IT Services business to V2X for $31m
(Sharecast News) - Defence and security firm Qinetiq said on Tuesday that as part of its US restructuring programme, it has agreed to sell its non-core Federal IT Services business to V2X for $31.
Genuit reports higher first-half revenue, profit
(Sharecast News) - Genuit Group reported higher revenue and profit for the first half of 2025 on Tuesday, maintaining its full-year outlook despite ongoing weakness in market confidence and flat volumes.
PageGroup H1 profits tumble as activity in France and Germany deteriorates
(Sharecast News) - Recruiter PageGroup posted a slump in first-half profit on Tuesday as activity in its two biggest markets, France and Germany, deteriorated.
Derwent London reports strong H1 leasing activity, rising rental values
(Sharecast News) - Property investor and developer Derwent London said on Tuesday that it had seen strong leasing activity and rising rental values throughout H1.
TT Electronics taps Lakin for permanent CEO spot
(Sharecast News) - Electronic components manufacturer TT Electronics said on Tuesday that Eric Lakin, who has been acting chief executive officer since April, had been tapped to take over the job on a permanent basis, with immediate effect.
Zoo Digital returns to positive full-year adjusted EBITDA
(Sharecast News) - Media localisation specialist Zoo Digital reported higher revenue and a return to positive adjusted EBITDA for the year ended 31 March, it reported on Tuesday, as restructuring measures reduced costs and positioned the business for a return to operating profit and cash generation in the 2026 financial year.
Entain reports better-than-expected H1 performance
(Sharecast News) - Bookmaker Entain reported a better-than-expected H1 performance on Tuesday, with strong momentum across its UK, US, and Brazilian operations prompting an upgrade to FY guidance.
Bellway sees rise in 2026 completions
(Sharecast News) - UK housing company Bellway said it expected to build 9.600 homes in fiscal 2026 after total completions in the year to July 31 rose 14.3% to 8,749, slightly ahead of guidance.
Anglo-Eastern Plantations posts rise in earnings, launches buyback
(Sharecast News) - Anglo-Eastern Plantations reported a sharp rise in first-half earnings on Monday, supported by stronger crude palm oil (CPO) and palm kernel prices, higher sales volumes and robust external crop intake.
Toy retailer the Entertainer to hand ownership to staff
(Sharecast News) - The Entertainer, the UK's largest toy retailer, is transferring ownership to its employees through an employee ownership trust.
International Public Partnerships sells down Angel Trains stake
(Sharecast News) - International Public Partnerships announced on Monday that it has agreed to sell a 1.6% stake in UK rolling stock leasing firm Angel Trains to a vehicle managed by Arjun Infrastructure Partners for around £32m, at a premium to its last published valuation.
Tuesday preview: UK jobs data, US CPI eyed as Derwent and Entain report
(Sharecast News) - Tuesday will see the release of interim results from Derwent London, Ladbrokes owner Entain and PageGroup, and a trading update from housebuilder Bellway, while macro calendar highlights will be UK jobs data and the latest US inflation print.
JPMorgan downgrades Elementis to 'neutral'
(Sharecast News) - JPMorgan Cazenove downgraded Elementis on Monday to 'neutral' from 'overweight' as it said upside potential was now lower.
JPMorgan downgrades Elementis to 'neutral'
(Sharecast News) - JPMorgan Cazenove downgraded Elementis on Monday to 'neutral' from 'overweight' as it said upside potential was now lower.
JPMorgan downgrades Elementis to 'neutral'
(Sharecast News) - JPMorgan Cazenove downgraded Elementis on Monday to 'neutral' from 'overweight' as it said upside potential was now lower.
Berenberg ups target price on Wheaton Precious Metals
(Sharecast News) - Berenberg updated its model for Wheaton Precious Metals following its Q2 results last week, leading it to raise its target price on the stock from 7,200p to 7,800p.
Citi hikes Rolls-Royce price target
(Sharecast News) - Citi hiked its price target on Rolls-Royce on Monday to 1,100p from 641p, highlighting three main reasons for the move and saying the stock is "expensive on profits multiples" and "about right on cash".
Marshalls H1 revenue growth offset by drop in profitability
(Sharecast News) - Landscaping products manufacturer Marshalls said on Monday that modest revenue growth had been offset by a sharp drop in profitability in H1, as challenging market conditions continued to weigh on its core landscaping division.
JPMorgan hikes Rolls-Royce target price following 'exceptionally strong' H1
(Sharecast News) - Analysts at JPMorgan hiked their target price on Rolls-Royce by 20% to 1,245p on Monday following the group's "exceptionally strong" H1 results.
Plus500 posts solid H1 results amid ongoing strategic expansion
(Sharecast News) - Fintech business Plus500 posted a solid set of H1 results on Monday, with strategic expansion and product diversification helping it maintain momentum across its trading platform business.
Martin Sorrell's S4 Capital in 'very preliminary' merger talks with MSQ
(Sharecast News) - Martin Sorrell's S4 Capital confirmed on Monday that it has received a proposal from MSQ, a creative and technology agency owned by One Equity Partners, about a possible combination.
Gordon Sanghera to step down as Oxford Nanopore CEO
(Sharecast News) - Oxford Nanopore Technologies announced Monday that Gordon Sanghera, its co-founder and chief executive officer, would step down from his role and the board by the end of 2026.
GSK gepotidacin edges closer to landmark approval for gonorrhoea
(Sharecast News) - Drugmaker GSK moved closer to expanding its antibiotic portfolio on Monday, after US regulators accepted its application to review gepotidacin as a potential oral treatment for gonorrhoea.
Diversified Energy Q2 revenues surge 73pc, underlying earnings more than double
(Sharecast News) - Production company Diversified Energy said on Monday both production and cash flow had improved in Q2, underscoring the benefits of its recent Maverick acquisition and leading it to reiterate FY guidance.
Carlyle to take control of Very Group from Barclay family - report
(Sharecast News) - US investment firm Carlyle is reportedly preparing to take control of online retailer Very Group in a deal that will end the Barclay family's long tenure at another major UK company.
KKR urges Assura to reconsider PHP offer as CMA begins phase 1 probe
(Sharecast News) - The Assura takeover saga continued on Friday as private equity firm KKR released a statement urging the NHS landlord to reconsider its decision to accept a £1.79bn takeover offer from Primary Health Properties.
Canaccord Genuity bumps up target price on Harbour Energy
(Sharecast News) - Analysts at Canaccord Genuity nudged up their target price on independent oil and gas company Harbour Energy from 275p to 285p on Friday after the group released "a very strong set" of H1 numbers.
Flutter lifts FY outlook after solid second quarter
(Sharecast News) - Online sports betting and iGaming operator Flutter Entertainment lifted its full-year outlook on Friday as it hailed a solid second quarter.
GSK and CureVac secure $740m payout in mRNA patent settlement
(Sharecast News) - Drugmaker GSK said on Friday that it had reached a settlement, alongside CureVac, to resolve long-running patent litigation with BioNTech and Pfizer over mRNA-based COVID-19 vaccines.
Goldman Sachs upgrades Diageo to 'neutral', says downside is limited
(Sharecast News) - Goldman Sachs upgraded Diageo to 'neutral' from 'sell' as it said the valuation is supportive and downside is limited.
Berenberg starts Senior at 'buy', sees upside to current share price
(Sharecast News) - Analysts at Berenberg initiated coverage on engineering and manufacturing group Senior with a 'buy' rating and 275p target price on Friday, offering 47% upside to the stock's current share price.
TRIG maintains FY dividend guidance despite weak wind resources across Europe
(Sharecast News) - Investment firm the Renewables Infrastructure Group reaffirmed its FY dividend guidance on Friday as it navigated a challenging operating environment in H1, marked by weak wind resource across key European markets.
Capita secures three-year extension to ScottishPower partnership
(Sharecast News) - Professional services firm Capita said on Friday that its Contact Centre subdivision has secured a three-year extension to its partnership with ScottishPower for an undisclosed sum.
TBC Q2 operating income rises 23%
(Sharecast News) - Georgian bank TBC reported a 23% increase in second quarter operating income to 835m Georgian lari (£235m), while net profit rose 5% to GEL 346m, driven by strong net interest income and an increased loan book.
Friday preview: TBC Bank results, Huw Pill speech in focus
(Sharecast News) - There isn't much due on the corporate front on Friday, but first-half results from Georgian bank TBC Bank and Renewables Infrastructure Group will be in focus.
Berenberg ups BP to 'buy' after 'significantly stronger' results
(Sharecast News) - Berenberg upgraded BP on Thursday to 'buy' from 'hold' and hiked the price target to 500p from 385p following "significantly stronger" results through Q2 2025 combined with the recent positive exploration news flow.
Mears sees FY profit 'modestly' ahead of market views
(Sharecast News) - Mears posted a rise in interim pre-tax profit on Thursday despite a dip in revenues and said full-year profit was set to be "modestly" ahead of market expectations.
Goldman starts coverage of Halma at 'buy'
(Sharecast News) - Goldman Sachs initiated coverage on Halma on Thursday with a 'buy' rating and 3,740p price target as it said its analysis demonstrates the sustainability of the company's high-growth, high-returns model.
Dowlais burns through £29m in cash due to US tariffs
(Sharecast News) - UK auto parts maker Dowlais on Thursday revealed it had burned through £29m in cash due to US tariffs and held annual guidance as it reported a 2% rise in adjusted operating profits.
CRH hails strong Q2, lifts guidance for 2025
(Sharecast News) - CRH surged on Thursday as the building materials group lifted its guidance for 2025 after posting a jump in second-quarter profit and sales.
Just Group first-half profits drop 23%
(Sharecast News) - Retirement products provider Just Group posted a 23% drop in first-half underlying operating profit on Thursday, citing lower new business margins on lower sales.
CLS secures new leases at The Coade, Vauxhall
(Sharecast News) - Commercial property investor CLS said on Thursday that it has secured over 8,000 square feet of new leases at its newly developed office building in the heart of Vauxhall, The Coade.
Vanquis returns to profitability in H1, recovery remains on track
(Sharecast News) - Sub-prime lender Vanquis said on Thursday that its recovery remained firmly on track, with improved credit quality, lower complaint costs, and disciplined cost control all helping it return to profitability.
Spectris Q2 momentum offsets slower start to FY25
(Sharecast News) - Precision instrumentation supplier Spectris said on Thursday that second-quarter momentum and strategic cost savings had helped offset a slower start to the year due to the macroeconomic uncertainty caused by shifting US tariff policy.
Morgan Advanced sees FY operating profit at bottom end of consensus range
(Sharecast News) - Morgan Advanced Materials warned on Thursday that full-year adjusted operating profit was set to be around the bottom of the consensus range due to weak market conditions, mix effects and foreign exchange headwinds.
Serco holds guidance, to start £50m buyback
(Sharecast News) - UK government contractor Serco on Thursday held updated guidance as it posted a rise in half-year earnings and unveiled a £50m share buyback.
Deliveroo sees FY core profit in upper half of guided range after strong H1
(Sharecast News) - Deliveroo said on Thursday that full-year core profit was set to be in the upper half of its guided range following a strong first-half performance.
Hikma on track to meet FY expectations despite H1 operating profit drop
(Sharecast News) - Drugmaker Hikma Pharmaceuticals said on Thursday that it was on track to meet FY expectations, with solid top-line growth and strong demand across its portfolio helping offset margin pressures and a drop in operating profits.
WPP earnings slump amid weak economic backdrop
(Sharecast News) - Ad agency WPP reported a slump in half-year earnings as clients spent less and the use of artificial intelligence hit the bottom line.
Harbour Energy shares surge on guidance lift, $100m buyback
(Sharecast News) - Shares in Harbour Energy surged on Thursday as the oil and gas explorer nudged up production guidance, unveiled a $100m share buyback and posted a jump in half-year adjusted earnings.
Videndum revenues tumble 25% in H1, shares slide
(Sharecast News) - Videndum tumbled on Wednesday as the manufacturer of hardware and software for the film industry posted a sharp drop in first-half revenue and struck a downbeat tone on the outlook.
TP ICAP shares slide despite record first half, fresh share buyback
(Sharecast News) - TP ICAP shares were sliding on Wednesday morning, even after the company reported record first-half revenue and announced a further £30m share buyback.
Oxford Nanopore suing MGI Australia over alleged patent infringements
(Sharecast News) - Oxford Nanopore Technologies announced the launch of legal proceedings against MGI Australia on Wednesday, alleging infringement of four Australian patents, following the release of MGI's 'Cyclone SEQ WT-02' sequencing device in Australia.
Vesuvius maintains dividend despite sharp fall in earnings
(Sharecast News) - Vesuvius reported a sharp fall in earnings for the first half of 2025 on Wednesday, as tough trading conditions in key markets and ongoing pricing pressures offset cost-saving efforts and market share gains.
CLS leases second and third floors at Office Connect property in Cologne
(Sharecast News) - Commercial property investor CLS said on Wednesday that it has let 2,165 square metres at its 'Office Connect' site in Cologne to a world-leading supplier of agricultural crop protection products.
Tullow Oil reports loss as production, oil prices decline
(Sharecast News) - Tullow Oil reported a first-half loss on Wednesday, as production volumes and realised oil prices declined, with the company reiterating that refinancing its capital structure remains its top strategic priority.
Acquired TalkTalk customers underpin growth for Telecom Plus
(Sharecast News) - Telecom Plus said on Wednesday that it expects customer numbers to rise by around 25% in the current financial year after acquiring a second batch of broadband and landline customers from TalkTalk, as it continued to expand through strategic purchases and cross-selling.
Hiscox investment gains offset California wildfire hit in H1
(Sharecast News) - Specialist insurer Hiscox delivered a resilient set of interim results on Wednesday despite absorbing one of the industry's largest-ever wildfire events.
THG sells Claremont business for £103m, warns on profits
(Sharecast News) - THG warned on profits on Wednesday as it announced the sale of its Claremont Ingredients business to Nactarome Group for around £103m in cash.
Wealth management growth drives robust first half for Quilter
(Sharecast News) - Quilter reported a robust set of first-half results on Wednesday, driven by strong net inflows and growth across its wealth management platform, with both its Affluent and High Net Worth segments outperforming market peers.
PayPoint delivers solid revenue growth in Q1
(Sharecast News) - Payments and retail services provider PayPoint said on Wednesday that Q1 trading had been "encouraging", with progress across its core divisions.
4imprint H1 operating profits edge higher despite modest revenue decline
(Sharecast News) - Promotional products specialist 4imprint said on Wednesday that operating profits had edged higher in H1, even as revenues ticked lower, as it was forced to navigate a challenging customer acquisition landscape.
Novo Nordisk Q2 profits rise amid tough sales outlook
(Sharecast News) - Danish drugs giant Novo Nordisk posted a jump in second-quarter profit on Wednesday, against a backdrop of reduced sales forecasts, potential US tariffs and competitors threatening its blockbuster Ozempic and Wegovy weight loss treatments.
UK construction activity falls at fastest pace in five years
(Sharecast News) - UK construction activity fell in July at the fastest pace in over five years amid a fresh drop in residential building, according to a survey released on Wednesday.
Metro Bank profits treble as pivot to lending pays off
(Sharecast News) - Metro Bank more than trebled first half profits as its pivot towards commercial lending paid off.
Lancashire Holdings lifts FY ROE guidance after 'resilient' H1
(Sharecast News) - Lancashire Holdings lifted its guidance for full-year return on equity on Wednesday as it hailed a "resilient" first half.
Tritax Big Box reported earnings drop, net rental income grows
(Sharecast News) - Logistics-focused landlord Tritax Big Box REIT said on Wednesday that it had delivered a solid H1 performance, with rental growth, development momentum, and a strategic pivot into data centres helping offset a dip in reported earnings.
Ferrexpo reels as tax policy disrupts Ukrainian output
(Sharecast News) - Iron ore producer Ferrexpo said on Wednesday that Ukraine's VAT refund suspension had forced it to scale back operations and furlough a significant portion of its workforce.
Coca-Cola HBC sees FY performance at top end of guidance after 'strong' H1
(Sharecast News) - Coca-Cola HBC said on Wednesday that its full-year performance was set to be at the top end of guidance as it hailed "strong" first-half results, with particular strength in emerging markets.
Thursday preview: BoE expected to announce 25bp rate cut; WPP, IHG results due
(Sharecast News) - All eyes will be on the latest policy announcement from the Bank of England on Thursday, amid expectations of a 25 basis points rate cut.
Ibstock revenues rise amid tough pricing market
(Sharecast News) - Brick maker Ibstock said it expected second half profits to be ahead of last year as it reported a rise in interim revenues amid signs of growth in its key markets, although competition kept a lid on prices.
Legal and General pre-tax profits grow in 'excellent' H1
(Sharecast News) - Insurance firm Legal & General said on Tuesday that it had an "excellent" six months ended 30 June, with both pre-tax and core operating profits growing, underpinned by strategic progress and a reshaped portfolio.
Glencore profits fall 14% on weak coal prices; Keeps London listing
(Sharecast News) - Mining giant Glencore reported a fall in half-year profits, reflecting weaker coal prices and lower copper volumes, while the company also said it would retain its London listing after mulling a move to New York.
British Land hires lawyers to look over rescue deals for Poundland, River Island - report
(Sharecast News) - Commercial property firm British Land has reportedly hired lawyers to scrutinise rescue deals for high street retailers Poundland and River Island.
FCA slaps former star stock picker Neil Woodford and fund with £46m fine
(Sharecast News) - The Financial Conduct Authority said on Tuesday that it has fined former star stock picker Neil Woodford and Woodford Investment Management for failures in management of the Woodford Equity Income Fund (WEIF).
Keller Group posts solid first half, plans additional buyback
(Sharecast News) - Keller Group posted a solid first-half performance ahead of expectations on Tuesday, and announced plans to return an additional £25m to shareholders through a new tranche of share buybacks, after completing an initial £25m repurchase earlier this year.
Capita maintains expectations after weaker first half
(Sharecast News) - Capita reported a fall in first-half profits and revenue on Tuesday, amid continued weakness in its contact centre business, though the company said it remained on track to meet full-year expectations and was making solid progress towards its cost-saving and strategic goals.
Rotork H1 order growth curbed by margin pressures
(Sharecast News) - Flow control specialist Rotork said on Tuesday that solid H1 order intake had been offset by softer margins and a dip in reported profits.
Synthomer extends covenant waivers, shares slide
(Sharecast News) - Shares in chemicals business Synthomer were down double-digits early on Tuesday after an extension to its covenant relaxation period sparked fresh concerns over its debt levels and earnings outlook.
Big Yellow opens new West London location
(Sharecast News) - Self-storage firm Big Yellow said on Tuesday that it has opened its new 70,000 square foot store at Staines, West London.
Smith & Nephew reports solid first half, announces $500m buyback
(Sharecast News) - Smith & Nephew reported robust results for the first half of 2025 on Tuesday, with revenue, profit and cash generation all improving significantly, and unveiled plans for a $500m share buyback to return surplus capital to shareholders.
SIG H1 profits climb 32pc as UK strength offsets European weakness
(Sharecast News) - Building products supplier SIG posted a resilient set of H1 figures on Tuesday, with improved execution and cost savings helping offset continued weakness in European construction markets.
Spirent H1 profits, revenue rise after solid Q2
(Sharecast News) - Spirent Communications reported a rise in first-half revenue and profit on Tuesday as it hailed a "particularly good" performance in the second quarter of the year and said that trading had been resilient in a challenging market.
Fresnillo FY net profits surge nearly 300pc
(Sharecast News) - Mining firm Fresnillo posted a solid set of interim results on Tuesday, with higher precious metal prices and disciplined cost control driving a sharp improvement in profitability.
Travis Perkins H1 adjusted operating profit dented by Merchanting segment
(Sharecast News) - Travis Perkins posted a drop in first-half adjusted operating profit on Tuesday as revenue dipped, dented by a weaker performance in the Merchanting segment.
BP to review assets; Q2 earnings beat expectations
(Sharecast News) - BP on Tuesday posted better-than-expected second-quarter earnings and raised its dividend as it announced a review of its assets amid calls from investors for the energy giant to boost returns.
GlobalData first-half revenue rises as it launches tender offer
(Sharecast News) - GlobalData reported a 12% rise in revenue to £156.5m for the first half of 2025 on Tuesday, and announced a £60m tender offer to return surplus capital to shareholders, as it pressed ahead with its growth transformation plan and prepared to move to a main market listing.
Wednesday preview: Glencore, L&G results due; UK construction PMI in focus
(Sharecast News) - Wednesday will see results from the likes of Glencore, Legal & General, Lancashire Holdings, 4imprint and Vesuvius, among others.
Diageo FY operating profits slump, organic net sales grow
(Sharecast News) - Alcoholic beverage giant Diageo posted a mixed set of FY results on Tuesday, as the group navigated FX headwinds and restructuring costs while maintaining organic growth.
Spectris accepts £4.2bn KKR bid as takeover battle hots up
(Sharecast News) - The takeover battle for Spectris took another twist on Tuesday after the specialist instrument maker accepted an increased offer from KKR valuing it at £4.2bn, trumping rival private equity firm Advent.
Revenue rises, losses narrow for Directa Plus
(Sharecast News) - Directa Plus has reported a 15% increase in first-half revenue on Monday, alongside a substantial reduction in losses, as the graphene products specialist benefitted from high-value contracts and improved operational efficiency.
Asda in talks with Blue Owl over £400m property deal
(Sharecast News) - Asda is reportedly in talks about a £400m deal to offload some of its supermarket real estate assets to New York asset management firm Blue Owl Capital as it looks to invest more in its turnaround plans.
HgCapital reports resilient first half
(Sharecast News) - HgCapital Trust reported a resilient first-half trading performance on Monday, despite headwinds from market volatility and currency movements, with strong growth across its portfolio companies and continued deal activity.
VH Global energises hybrid solar-battery system in Australia
(Sharecast News) - VH Global Energy Infrastructure announced on Monday that it has successfully brought a new hybrid solar and battery energy storage system online in Australia, marking further progress in its renewable energy deployment across the country.
Motor finance firm S&U declares FCA ruling a 'victory for common sense'
(Sharecast News) - The share price of S&U surged on Monday after the Supreme Court ruled largely in favour of banks and lenders in the motor finance case, with the car loans company hailing it a "victory for common sense".
Tuesday preview: Tariffs in focus for Diageo, BP reports Q2 results
(Sharecast News) - Full-year results from beverages group Diageo and second-quarter results from oil major BP will be in focus on Tuesday morning.
Berenberg upgrades ITM Power to 'buy', raises target price
(Sharecast News) - Analysts at Berenberg upgraded PEM electrolysers manufacturer ITM Power from 'hold' to 'buy' on Monday, noting that the group appears to be "approaching its inflection point".
RBC Capital upgrades Lloyds to 'outperform' on Supreme Court ruling
(Sharecast News) - RBC Capital Markets upgraded Lloyds Banking Group on Monday to 'outperform' from 'sector perform' after the Supreme Court ruled largely in favour of banks in the car finance case.
Senior H1 adjusted operating profits up 10pc
(Sharecast News) - High technology components and systems manufacturer Senior's interim results came in broadly in line with expectations on Monday, with the group underlining progress on its transformation into a focused fluid conveyance and thermal management business.
Kosmos shares fall on lower output, higher cost guidance
(Sharecast News) - UK-listed shares of American upstream oil company Kosmos dipped on Monday after the firm swung to a loss in the second quarter, as it forecasted lower production and higher costs than initially estimated.
Wizz Air July passenger numbers rise 6.8%
(Sharecast News) - Budget carrier Wizz Air reported a 6.8% year on year increase in passenger numbers, although its load factor was hit by Israel's war on Gaza.
Lloyds surges after motor finance ruling
(Sharecast News) - Lloyds Banking Group surged on Monday after the Supreme Court ruled largely in favour of banks in the car finance case, as it said it will keep its £1.2bn provision under review but that it was unlikely there would be any material changes.
PRS REIT estimated rental values grow in Q4
(Sharecast News) - Real estate investment trust PRS REIT said on Monday that its estimated rental value had grown in the three months ended 30 June, up 3.44% quarter-on-quarter at £72m.
BP announces significant discovery at offshore Brazil well
(Sharecast News) - BP has announced its tenth oil and gas discovery of the year after drilling at the Bumerangue prospect in the deepwater offshore Brazil.
Close Brothers surges after Supreme Court motor finance ruling
(Sharecast News) - Close Brothers shares were surging on Monday morning, after the Supreme Court overturned a Court of Appeal ruling that threatened to expose lenders to billions in compensation over mis-sold car finance commissions.
Auction Technology Group acquires US-based marketplace
(Sharecast News) - Online marketplace operator Auction Technology Group said on Monday that it has acquired Chairish, a US-based marketplace for vintage furniture and art.
US tariffs, economic gloom continue to hit Clarkson
(Sharecast News) - Shipping broker Clarkson reported weaker interim earnings as US tariffs and an uncertain economic environment continued to hit freight rates.
Spectris agrees to Advent takeover as it trumps KKR offer
(Sharecast News) - Precision instrument maker Spectris has agreed to be bought by Advent International after it trumped an offer from US investment firm KKR.
US manufacturing sector contracts in July amid tariff worries
(Sharecast News) - The US manufacturing sector contracted in July for the first time this year as concerns about tariffs took their toll, according to a survey released on Friday.
Crypto ETNs will soon be available to UK retail investors, FCA says
(Sharecast News) - The UK financial regulator announced on Friday that it is planning to allow retail investors to access crypto exchange traded notes (cETNs), lifting a ban on market that has been in place for more than four years.
Shore Capital lifts Standard Chartered estimates, but shares 'up with events'
(Sharecast News) - Shore Capital has raised its numbers for Standard Chartered after the bank's stronger-than-expected second-quarter results, but kept a 'hold' rating on the stock despite the company's increasing momentum.
Berenberg lowers target price on Endeavour Mining, stays at 'buy'
(Sharecast News) - Analysts at Berenberg lowered their target price on Endeavour Mining from 3,300p to 3,200p on Friday after its recent H1 earnings showed that it had "plenty more room to run".
JPMorgan lifts Ocado price target, reiterates 'overweight'
(Sharecast News) - JPMorgan Cazenove reiterated its 'overweight' rating on Ocado on Friday and lifted the price target to 437p from 400p.
Oxford Biomedica agrees new four-year, $125m loan facility
(Sharecast News) - Oxford Biomedica announced on Friday that it has agreed a new four-year loan facility of up to $125m with Oaktree Capital Management, refinancing its existing debt and providing additional funding capacity to support future expansion.
SWEF announces further impairment on Irish office loan portfolio
(Sharecast News) - Starwood European Real Estate Finance announced a further impairment on its Irish office loan portfolio on Friday, citing continued pressure in the Dublin office market and uncertainty over recovery prospects.
Alliance Witan reports 'resilient' first-half performance
(Sharecast News) - Alliance Witan reported a "resilient" performance over the first half of 2025 on Friday, despite turbulent market conditions, maintaining its long-standing record of dividend growth and keeping its discount to net asset value steady.
Playtech raises expectations after strong B2B trading
(Sharecast News) - Playtech said on Friday that it now expects to report adjusted EBITDA of at least €90mi for the first half of 2025, after stronger-than-expected trading in its B2B segment and a boost from associate income, particularly from its Mexican joint venture Caliente Interactive.
UK manufacturing downturn eases in July
(Sharecast News) - Activity in the UK manufacturing sector improved in July, although it remained in contractionary territory, according to a survey released on Friday.
EZ manufacturing edges towards recovery - PMI survey
(Sharecast News) - The eurozone's long-suffering manufacturing sector inched closer to recovery as the pace of contraction slowed in July, according to a survey published on Friday.
Walker Crips secures £5m lifeline after swinging to full-year loss
(Sharecast News) - Investments, financial planning and pensions group Walker Crips has decided not to issue a dividend to shareholders after swinging to a big loss in the year to 31 March, as it announced a new £5m working capital loan.
Petrofac secures extension to lock-up agreement
(Sharecast News) - Petrofac announced on Friday that it has secured an extension to its lock-up agreement with creditors and investors until 30 November, reinforcing stakeholder support for its ongoing restructuring efforts following a legal setback last month.
UK house prices rebound in July - Nationwide
(Sharecast News) - UK house prices bounced back in July, according to figures released on Friday by Nationwide.
Melrose shares jump as H1 profit growth tops forecasts
(Sharecast News) - Melrose's share price jumped on Friday after the aerospace technology firm delivered a solid first-half report, with adjusted operating profits up by nearly a third.
Intertek shares slide as FX headwinds and guidance cuts overshadow solid H1
(Sharecast News) - Shares in quality assurance firm Intertek were firmly in the red early on Friday as investors looked past a resilient H1 performance to focus on mounting FX pressures and trimmed growth expectations across several business units.
IAG H1 earnings surge amid 'robust' travel demand
(Sharecast News) - British Airways owner International Consolidated Airlines Group posted a strong set of H1 results on Friday, with "robust" travel demand and operational improvements boosting profitability.
IMI sticks with guidance as trading momentum picks up in H2
(Sharecast News) - IMI has reiterated its full-year guidance after a broadly stable first half, with the engineering business hailing "strong momentum" heading into the second half.
Pearson sees stronger H2 as earnings rise
(Sharecast News) - Educational publisher Pearson said it was on track to meet full year forecasts with strong second-half growth as it reported a 2% rise in adjusted half-year operating profit and sales.
Friday preview: US non-farm payrolls, Trade talk deadline, Amazon and Apple in focus
(Sharecast News) - The market spotlight at the end of the week will be squarely on the US jobs market.
Chicago PMI picks up in July
(Sharecast News) - Economic activity in the Chicago area picked up in July, according to data released on Thursday.
Klarna preparing to revive NY public listing - report
(Sharecast News) - Buy now, pay later (BNPL) firm Klarna is reportedly preparing to revive a public listing in New York this autumn, months after being forced to abort a previous attempt amid tariff-induced market turmoil.
Deutsche Bank downgrades Rio Tinto to 'hold'
(Sharecast News) - Deutsche Bank downgraded Rio Tinto on Friday to 'hold' from 'buy' and cut the price target to 5,100p from 5,300p following the first-result half results a day earlier and the recent iron ore-led rebound in the shares.
Pantheon International appoints new chair
(Sharecast News) - Pantheon International announced on Thursday that Tony Morgan would become chair of the board from 1 January 2026, succeeding John Singer CBE, who would retire from the role and as a non-executive director at the end of the year.
Smiths News announces Richard Clay as new finance chief
(Sharecast News) - Smiths News announced the appointment of Richard Clay as its next chief financial officer on Thursday, with his start date expected no later than 30 January 2026.
Entain reprices, extends dollar-denominated term loans
(Sharecast News) - Entain announced the successful repricing and extension of its dollar-denominated term loans on Thursday, in a move that it said would reduce annual interest costs by £10m while extending the maturity profile of its debt.
NewRiver REIT reports strong start to financial year
(Sharecast News) - NewRiver REIT reported a strong start to the 2026 financial year on Thursday, with in-store consumer spending across its portfolio rising 6.7% year-on-year - well above the national average - and its most active leasing quarter since the pandemic.
Residential Secure Income reports rise in NTA per share
(Sharecast News) - Residential Secure Income (ReSI) reported a 2.1% rise in EPRA net tangible assets to 66.4p per share for the quarter ended 30 June on Thursday, reflecting solid rental income growth and sustained high occupancy across its portfolios, as it continued to implement its managed wind-down strategy.
SDCL Efficiency sells stake in ON Energy
(Sharecast News) - SDCL Efficiency Income Trust announced on Thursday that it has sold its holding in ON Energy for $7.6m, representing an 18.75% premium to the investment's most recent carrying value and a money-on-invested-capital multiple of 1.63x, as it looked to simplify its portfolio and reduce debt.
Prudential reaches settlement in Malaysian dividend dispute
(Sharecast News) - Prudential announced on Thursday that it has reached a full and final settlement in its legal dispute with Malaysian firm Detik Ria over dividend claims related to its joint venture in the country, bringing an end to proceedings that sought over $800m in payouts.
RBC Capital lifts Bodycote price target, reiterates 'overweight'
(Sharecast News) - RBC Capital Markets lifted its price target on Bodycote on Thursday to 775p from 650p and reiterated its 'outperform' rating following the company's results a day earlier.
Sabre Insurance reports rise in first-half profit
(Sharecast News) - Sabre Insurance posted a 26% rise in first-half pre-tax profit to £25.5m on Thursday, and doubled its interim dividend, as the motor insurer delivered strong underwriting margins and reaffirmed its trajectory towards long-term profit growth under its 'Ambition 2030' plan.
Lion Finance looking into potential bid for HSBC Malta
(Sharecast News) - Lion Finance Group confirmed on Thursday that it is participating in the sale process for HSBC's operations in Malta, following recent media speculation about a potential bid.
Helios Towers delivers solid first-half performance
(Sharecast News) - Helios Towers delivered a solid first-half performance on Thursday, reporting growth in revenue, profit and free cash flow, and reaffirming its full-year guidance as its '2.2x by 2026' strategy neared completion.
Elementis gains as investors cheer H1 operating profit growth
(Sharecast News) - Speciality chemicals firm Elementis traded higher early on Thursday as it unveiled a new strategic framework aimed at accelerating growth and returns following a "strong financial performance" in H1.
LSEG reports first-half growth, shares slide
(Sharecast News) - London Stock Exchange Group shares were in the red on Thursday morning, even after it reported a robust set of interim results for the six months ended 30 June, with strong growth across all business divisions and a significant increase in profitability.
St James's Place rallies on robust H1 performance, redress provision release
(Sharecast News) - Wealth manager St James's Place traded higher on Thursday after the group published its interim report card, highlighting operational momentum and strategic progress across key initiatives.
RAC owners planning sale or stock market listing - report
(Sharecast News) - The owners of the RAC roadside recovery service are reportedly preparing to offload the company in a deal which could value it at up to £5bn.
Next raises FY guidance after strong Q2 sales performance
(Sharecast News) - Retailer Next said on Thursday that Q2 sales had come in better than expected, leading the group to raise its FY profit forecasts.
JTC shares surge on bullish update, bolt-on acquisition
(Sharecast News) - JTC shares jumped 13% on Thursday after the professional services business reported a record first half for new business wins and announced the acquisition of trust and estate planning services firm Kleinwort Hambros Trust (KHT).
Haleon raises FY operating profit outlook, pares back organic revenue guidance
(Sharecast News) - Consumer healthcare company Haleon hiked its interim dividend and raised its FY profit outlook on Wednesday after posting increased adjusted operating profits for H1, driven by productivity gains and margin expansion, but pared back its organic revenue growth forecast.
Surging gold prices help Endeavour profits shine
(Sharecast News) - Africa-focused Endeavour Mining reported a strong jump in first-half core earnings and record dividends, driven by surging gold prices.
Spire Healthcare H1 revenues grow on strong NHS demand
(Sharecast News) - Healthcare group Spire Healthcare said on Wednesday that H1 revenues had grown amid strong NHS demand and strategic pricing across its hospital network.
British American Tobacco H1 reported revenues, adjusted operating profits fall
(Sharecast News) - British American Tobacco reported a dip in H1 reported revenues and adjusted operating profits on Thursday, as currency pressures and reduced cigarette volumes weighed on its overall performance.
Hammerson lifts profit guidance, takes full control of Bullring-Grand Central
(Sharecast News) - Retail and leisure-focused real estate group Hammerson has raised its earnings outlook as it unveiled the acquisition of the remaining 50% stake in the Bullring and Grand Central shopping centres in Birmingham for £319m.
Schroders reports better-than-expected first half
(Sharecast News) - Schroders reported better-than-expected first-half results on Thursday, buoyed by strong inflows into its wealth management division and accelerated cost savings, despite ongoing outflows from its core asset management operations.
Asos names Natasja Laheij as new chair after Lindemann steps down
(Sharecast News) - Fast fashion retailer Asos on Thursday said chair Jørgen Lindemann was stepping down, to be replaced by board member Natasja Laheij.
Pets at Home cuts FY profit guidance on subdued retail market
(Sharecast News) - Pets at Home cut its full-year profit guidance on Thursday, pointing to "subdued" retail market growth rates.
Drax hikes interim dividend despite H1 EBITDA fall
(Sharecast News) - Power company Drax said on Thursday that both revenue and underlying earnings had fallen in the six months ended 30 June
Segro H1 earnings boosted by strong UK rent reviews
(Sharecast News) - Property developer Segro reported a solid set of H1 results on Thursday, with earnings getting a boost from strong UK rent reviews.
Mondi warns of tough trading in H2 as earnings fall
(Sharecast News) - Paper and packaging company Mondi on Thursday warned that an uncertain economic environment would continue to impact trading in the second half of the year as it reported a fall in interim profits.
Standard Chartered H1 profits beat expectations; $1.3bn share buyback announced
(Sharecast News) - Standard Chartered posted a jump in first-half profit on Thursday, underpinned by solid performances from the wealth and markets segments.
Weir Group delivers 'strong' H1 performance
(Sharecast News) - Multinational engineering company Weir Group said on Thursday that it had delivered a "strong" H1 performance, with both revenue and profits improving.
Anglo American books $1.9bn H1 loss, slashes divi as restructuring continues
(Sharecast News) - Anglo American on Thursday after the diversified miner reported a 180% increase in losses for the first half on the back of ongoing challenging conditions in the rough diamond market, leading the company to slash its interim dividend by 83%.
Unilever underlying sales grow in H1 despite lower turnover
(Sharecast News) - Consumer goods giant Unilever reported a 3.4% rise in underlying sales for H125, driven by balanced volume and price growth, despite turnover dipping 3.2% to €30.1bn due to adverse currency movements and disposals.
Shell Q2 beats forecasts, starts $3.5bn share buyback
(Sharecast News) - Energy giant Shell reported better-than-expected second quarter earnings but still sharply lower than a year ago on the back of weak oil and gas prices.
Rolls-Royce ups profit, cash flow guidance as H1 earnings surge
(Sharecast News) - Aerospace and defence engineer Rolls-Royce has raised its full-year guidance after a strong first half, in which underlying revenues grew by double-digits and operating profits surged by 50%.
Rentokil backs FY outlook, hails improving performance in NA
(Sharecast News) - Rentokil Initial backed its full-year outlook on Thursday as it hailed a "solid" first half, in line with expectations, and an improving performance in North America.
Nichols shares dip on margin squeeze
(Sharecast News) - Vimto cordial producer Nichols published its interim results on Thursday, which showed continued strategic progress but also flagged margin pressure and a more cautious capital return approach.
Just Group shares rocket after Brookfield offers £2.4bn
(Sharecast News) - Shares in Just Group rocketed on Thursday after Canada's Brookfield agreed a £2.4bn deal to buy the UK life insurer as it moves into the British pension insurance market.
Thursday preview: US PCE price data, Chinese manufacturing in focus
(Sharecast News) - Investor focus on Thursday will be on inflation readings due out on either side of the Atlantic.
BoE's Bailey 'blocked' Reeves meeting with Revolut over licence - report
(Sharecast News) - Bank of England Governor Andrew Bailey reportedly stepped in to block a meeting that Finance Minister Rachel Reeves tried to secure between financial watchdogs and Revolut over the fintech's banking licence.
Gore Street Energy Storage unveils capital allocation strategy
(Sharecast News) - Gore Street Energy Storage Fund unveiled a comprehensive capital allocation strategy aimed at enhancing shareholder value on Wednesday, following the completion of an independent review led by Alexa Capital.
Hostelworld confident after stable half-year
(Sharecast News) - Hostelworld reported stable interim results on Wednesday, with early success from its new 'Elevate' monetisation tool and a sharp rise in social engagement helping to support booking volumes and position the group for long-term growth.
Chesnara prices £150m of convertible notes
(Sharecast News) - Chesnara announced the successful pricing of £150m of fixed rate reset perpetual restricted tier one contingent convertible notes on Wednesday, as the life insurance consolidator looked to bolster its financial flexibility and pursue further acquisition opportunities.
Alfa Financial Software on track after first half
(Sharecast News) - Alfa Financial Software reported strong revenue growth across all business segments in the first half of 2025 on Wednesday, and said it remained on track to meet full-year expectations, supported by a robust pipeline and continued demand for its upgraded Alfa Systems 6 platform.
Diageo appoints Deirdre Mahlan as interim CFO
(Sharecast News) - Diageo said on Wednesday that it has appointed Deirdre Mahlan as interim chief financial officer with effect from 18 August.
Deutsche Bank upgrades Wizz Air to 'buy'
(Sharecast News) - Deutsche Bank upgraded Wizz Air on Wednesday to 'buy' from 'hold', keeping the price target at 1,500p.
Santander to cut UK jobs, close branches despite record group profit
(Sharecast News) - Santander UK announced it was cutting more than 2,000 jobs and closing more branches on Wednesday as part of a sweeping cost-reduction programme, coinciding with a 5% fall in first-half pre-tax profit to £764m.
FDM Group reports sharp decline in revenue, profit
(Sharecast News) - FDM Group reported a sharp decline in revenue and profit for the first half of on Wednesday, warning that its full-year results would fall significantly short of prior expectations, as macroeconomic and geopolitical uncertainty continued to weigh on client demand and delay commercial decisions.
RHI Magnesita lowers guidance after tough first half
(Sharecast News) - RHI Magnesita lowered its full-year profit guidance on Wednesday, after reporting a steep drop in earnings for the first half of 2025, as deferred industrial projects, weaker pricing, and cost pressures weighed on margins.
JPMorgan upgrades Croda to 'overweight'
(Sharecast News) - JPMorgan Cazenove upgraded Croda International on Wednesday to 'overweight' from 'neutral' following a 10% slump in the share price following results a day earlier.
Berenberg nudges up target price on Greggs
(Sharecast News) - Analysts at Berenberg slightly raised their target price on bakery chain Greggs from 3,040.00p to 3,060.00p on Wednesday, noting that the group's "fresh strategy announcements add flavour".
IPF in talks with BasePoint Capital over potential £490m takeover
(Sharecast News) - International Personal Finance said on Wednesday that it is in advanced talks with US specialty finance firm BasePoint Capital about a possible £490m takeover.
Rathbones H1 underlying profits dip, announces £50m share buyback
(Sharecast News) - Wealth manager Rathbones Group said on Wednesday that H1 profits and margins had dipped, with net outflows and market volatility weighing on performance.
Rio Tinto reports weakest H1 earnings since 2020
(Sharecast News) - Mining giant Rio Tinto shares edged lower on Wednesday after posting its lowest H1 earnings since 2020 miner as weaker iron ore prices and higher costs weighed on the group.
German GDP contracts by 0.1% in Q2 - flash estimate
(Sharecast News) - The German economy shrank by 0.1% in the second quarter of 2025 from the previous three months, according to flash data from the Federal statistics agency published on Wednesday.
Man Group reports record assets under management
(Sharecast News) - Man Group reported record assets under management of $193.3bn as at the end of June on Wednesday, boosted by strong net inflows across its long-only and multi-strategy offerings, despite a challenging environment for trend-following strategies that weighed on earnings.
Conduit swings to H1 loss amid elevated catastrophe claims
(Sharecast News) - Reinsurance firm Conduit traded lower early on Wednesday after it posted a H1 loss and slashed its return on equity expectations, citing elevated catastrophe claims and reserve increases linked to the ongoing conflict in Ukraine.
Weak wind speeds and power prices weigh on Greencoat UK Wind
(Sharecast News) - Renewable infrastructure fund Greencoat UK Wind said on Wednesday that net cash generation had fallen in the six months ended 31 June amid weaker wind speeds and power prices in H1.
Foxtons H1 profits grow as sales activity rebounds
(Sharecast News) - Estate agency Foxtons said on Wednesday that profits had grown in H1, underpinned by recurring lettings income and a rebound in sales activity.
Aston Martin downgrades FY profit outlook, cites tariff disruption
(Sharecast News) - Aston Martin Lagonda downgraded its full-year profit outlook on Wednesday as it pointed to disruption from US tariffs.
Bodycote makes strategic progress, reaffirms FY guidance
(Sharecast News) - Heat treatment specialist Bodycote stuck to its guns in the first half, navigating weak demand and restructuring headwinds to post a resilient set of interim numbers.
BAE Systems lifts FY guidance after strong first half
(Sharecast News) - BAE Systems upgraded its full-year guidance on Wednesday following "another strong" performance in the first half against a market backdrop of increased defence spending.
BAE Systems lifts FY guidance after strong first half
(Sharecast News) - BAE Systems upgraded its full-year guidance on Wednesday following "another strong" performance in the first half against a market backdrop of increased defence spending.
Glencore posts lower copper production, sees $1bn in savings
(Sharecast News) - Glencore reported lower first-half copper production and targeted $1bn in cost savings by the end of next year after a review of its industrial asset portfolio.
Aberdeen sees first-half profits slip, but transformation 'on track'
(Sharecast News) - Investment management firm Aberdeen reported a slight dip in first-half profits due to efforts to improve efficiency, but said it is delivering well against its strategies with the business transformation "on track".
GSK Q2 revenues grow, expects FY performance to be top end of guidance
(Sharecast News) - Drugmaker GSK said on Wednesday that Q2 revenues had grown as a strong specialty medicines performance drove sales and core operating profit growth.
Tritax agrees lease on Rugby logistics facility
(Sharecast News) - Tritax Big Box REIT said it has signed an agreement for lease with an unnamed data management company for its recently completed logistics facility at Symmetry Park, Rugby.
HSBC reports weaker-than-expected H1 profits, Taylor Wimpey lowers FY guidance
(Sharecast News) - LONDON PRE-OPEN The FTSE 100 was expected to open just 1.8 points higher ahead of the bell on Wednesday after wrapping up the previous session 0.60% firmer at 9,136.32.
Two-thirds of UK retailers to hike prices, says BRC survey
(Sharecast News) - A new poll of the UK retailing sector has shown that two-thirds of industry chief financial officers expect further price increases in the coming 12 months, as the concerns about tax hikes and the regulatory burden weigh heavily on the outlook.
Taylor Wimpey cuts profit guidance, swings to big H1 loss
(Sharecast News) - Housebuilder Taylor Wimpey has cut its annual profit guidance by £20m and reduced its interim dividend after swinging to a big loss in the first half due to one-off exceptional charges.
Sage Q3 revenues up 9pc, reiterates FY guidance
(Sharecast News) - Enterprise software group Sage said on Wednesday that total revenues had grown in Q3 and reiterated its FY guidance despite ongoing macroeconomic uncertainty.
HSBC earnings fall on hit from China bank stake
(Sharecast News) - HSBC reported lower-than-expected first half profits as it took a large hit from its stake in China's Bank of Communications.
JPMorgan reinstates coverage of Informa at 'overweight'
(Sharecast News) - JPMorgan Cazenove reinstated coverage of Informa on Tuesday with an 'overweight' rating following a period of restriction.
Novo Nordisk cuts FY sales and operating profit outlook, shares tumble
(Sharecast News) - Novo Nordisk tumbled on Tuesday after the Danish pharmaceutical group cut its sales and operating profit outlook for 2025.
Shore Capital downgrades Paragon Banking, says shares up with events
(Sharecast News) - Shore Capital downgraded Paragon Banking on Tuesday to 'hold' from 'buy' despite what it called a "robust" third-quarter trading update, as it argued the shares are up with events.
James Fisher reports solid half-year amid strategic turnaround
(Sharecast News) - James Fisher and Sons reported a solid first-half performance on Tuesday, in line with expectations, as it continued to make strategic progress in its turnaround.
UPS Q2 revenues beat estimates, earnings disappoint
(Sharecast News) - Logistics firm UPS posted Q2 revenues that came in ahead of Wall Street estimates on Tuesday, but said earnings per share had fallen short of expectations.
Wednesday preview: US Fed meeting, Microsoft and Meta in focus
(Sharecast News) - Trading is likely to remain restrained throughout the Wednesday session - barring surprises - as investors sit on their hands ahead of the result of the US central bank's latest policy meeting after the close of trading in London.
Forterra lifts profit forecasts after housing recovery boosts H1 sales
(Sharecast News) - Forterra's share price jumped 11% on Tuesday after the building materials group raised full-year targets on the back of a strong first-half performance, with sales surging by a fifth.
Shore Capital raises questions about sustainable growth at Greggs
(Sharecast News) - Shore Capital has kept a 'hold' rating on Greggs after the bakery chain's interim figures showed "very challenging trading", raising questions about whether UK high streets have reached "peak Greggs".
Berenberg hikes target price on AJ Bell following 'strong' Q3
(Sharecast News) - Analysts at Berenberg hiked their target price on online investment platform operator AJ Bell from 420.00p to 490.00p on Tuesday as it praised the group's "strong" Q3 performance.
FirstGroup wins extensions to Hull Trains and Lumo open access rail services
(Sharecast News) - Public transport provider FirstGroup said on Tuesday that it has been awarded extensions to its Hull Trains and Lumo open access rail services by the Office of Rail and Road.
Citi downgrades Admiral to 'neutral' from 'buy'
(Sharecast News) - Citi downgraded Admiral on Tuesday to 'neutral' from 'buy' as it pointed to 13% expected total return.
Inchcape shares slide on decline in revenue, operating profit
(Sharecast News) - Inchcape shares were sliding on Tuesday morning, after it reported a fall in first half revenue and operating profit, amid a challenging tariff environment.
Essentra reports first-half declines in line with expectations
(Sharecast News) - Essentra reported a performance in line with expectations for the first half on Tuesday, amid ongoing global challenges and mixed macroeconomic conditions.
Croda International sales rise in first half, operating profit slides
(Sharecast News) - Croda International reported solid sales growth for the first half of 2025 on Tuesday, with an increase in revenues across all three of its business segments, although its operating profit slid.
Unite Group delivers 'strong' H1 performance
(Sharecast News) - Student accommodation provider Unite Group said on Tuesday that it had delivered a "strong" H1 performance, with adjusted earnings growth underpinned by high occupancy, rental growth and investment in both its portfolio and operating platform.
Paragon Banking trims mortgage lending outlook despite strong deposit growth
(Sharecast News) - Specialist bank Paragon Banking posted a solid Q3 trading update on Tuesday, with deposit growth buoyed by the launch of its new Spring app, but warned that FY mortgage lending advances would likely be at the lower end of previous guidance.
Deutsche Bank starts Tesco at 'buy', Sainsbury's at 'hold'
(Sharecast News) - Deutsche Bank initiated coverage of Tesco and Sainsbury's on Tuesday with 'buy' and 'hold' ratings, respectively, as it said it was constructive on the food retail sector.
SSP Q3 sales up despite turbulence in Germany, Asia and North America
(Sharecast News) - Bar and restaurant operator SSP said on Tuesday that group sales in Q3 were up 6% year-on-year in Q3 at constant currency rates despite seeing sales momentum soften mid-quarter.
ConvaTec posts solid first-half revenue, earnings per share growth
(Sharecast News) - ConvaTec Group posted a solid set of interim results for the first half on Tuesday, reporting broad-based revenue growth, margin expansion, and double-digit growth in earnings per share (EPS).
AG Barr takes stake in shots maker for £15m
(Sharecast News) - Irn-Bru maker AG Barr on Tuesday said it had bought a majority holding in functional shots producer Innate-Essence for an initial £15m.
Games Workshop hails record year as profits jump nearly 30%
(Sharecast News) - Warhammer maker Games Workshop hailed a record year on Tuesday as it posted a 29.5% jump in profit.
Anglian Water to payout £62.8m for wastewater failures
(Sharecast News) - UK utility Anglian Water has been ordered to pay out a £62.8m by the industry regulator for failures in managing its wastewater treatment works and network.
Greggs blames the weather as first-half profits drop 14%
(Sharecast News) - Greggs reported a drop in first-half profit on Tuesday, pinning the blame partly on the weather.
Entain's BetMGM joint venture delivers 'stronger than expected' H1 performance
(Sharecast News) - Bookmaker Entain said on Tuesday that its BetMGM joint venture delivered a "stronger than expected" Q2 and H1 trading performance, leading the group to further upgrade its FY guidance.
WH Smith sells funkypigeon to Card Factory for £26m
(Sharecast News) - WH Smith said it had sold its online greeting cards business, funkypigeon.com, to Card Factory for £26m as it continued its pivot towards travel retail.
Derwent sells London building for £55m excluding costs, surrender premium
(Sharecast News) - Derwent London said it had sold an office building in London for £55.5m to a local government pension scheme.
SThree H1 profit, revenue fall as challenging market conditions persist
(Sharecast News) - Recruiter SThree reported a fall in first-half profit and revenue on Tuesday amid "persistent" challenging market conditions, but backed its expectations for the year.
Shaftesbury Capital reports solid first-half results
(Sharecast News) - Shaftesbury Capital reported a solid set of interim results for the first half of 2025 on Tuesday, demonstrating continued growth across rents, earnings, valuations, and dividends.
Astrazeneca H1 gross profits up 10pc as 'strong growth momentum' continues
(Sharecast News) - Drugmaker Astrazeneca said on Tuesday that "strong growth momentum" had continued in H1, with "excellent R&D pipeline delivery" in the year-to-date.
Tuesday preview: UK consumer credit, Barclays in focus
(Sharecast News) - Financial markets' attention on Tuesday will be on UK consumer credit and mortgage lending data for the month of June.
Shore Capital says NatWest's return targets are unsustainable
(Sharecast News) - NatWest shares were pulling back slightly on Monday after a strong performance on Friday following a set of stronger-than-expected first-half results, but it wasn't enough to change Shore Capital's 'hold' rating on the stock.
Deutsche Bank upgrades Quilter, hikes price target
(Sharecast News) - Deutsche Bank upgraded Quilter on Monday to 'hold' from 'sell' and hiked the price target to 165p from 110p as it re-evaluated the investment case.
Life Science REIT reports fall in portfolio value amid strategic review
(Sharecast News) - Life Science REIT reported a 10.9% fall in the value of its portfolio during the first half of 2025 on Monday, amid ongoing uncertainty in the life sciences real estate market and slower-than-expected leasing activity.
CVC Income transitioning investment to new master fund
(Sharecast News) - CVC Income & Growth confirmed in an update on Monday that it would transition its investment into a newly established master fund, as part of a structural overhaul by CVC Credit Partners designed to improve efficiency and broaden investor access across Europe.
Second new dredge arrives to Kenmare's Moma Mine
(Sharecast News) - Kenmare Resources announced the delivery of the second of two new high-capacity dredges to its Moma Titanium Minerals Mine in northern Mozambique on Monday, marking another milestone in the upgrade of its largest mining plant, Wet Concentrator Plant A.
Oxford Biomedica flags sharp rise in first-half revenue
(Sharecast News) - Oxford Biomedica reported a sharp rise in first-half revenue and strong commercial momentum on Monday, as it reiterated its full-year guidance and pointed to growing demand across its cell and gene therapy manufacturing platforms.
Number of UK businesses in 'critical' financial distress jumps 21%, survey finds
(Sharecast News) - Nearly 50,000 business across the UK are currently in "critical financial distress" as the volatile macreconomic backdrop continues to pile pressure on the private sector, according to a survey out on Monday from corporate recovery specialists Begbies Traynor.
STV Group issues profit warning amid deteriorating markets
(Sharecast News) - STV Group warned on Monday that its full-year revenue and adjusted operating profit would fall materially below market expectations, as deteriorating conditions in both the advertising and commissioning markets weigh on its performance.
Berenberg lowers target price on Judges Scientific
(Sharecast News) - Analysts at Berenberg slashed their target price on Judges Scientific from 10,600.00p to 7,900.00p on Monday following the trading update last week.
Westminster Group establishes new cyber and defence technology unit
(Sharecast News) - Managed services and security firm Westminster Group said on Monday that it has established a new cyber and defence technology division.
Ceres Power partner starts mass production in South Korea
(Sharecast News) - Ceres Power announced on Monday that its South Korean partner, Doosan Fuel Cell, has begun mass production of solid oxide fuel cell systems based on Ceres' proprietary technology, marking a significant milestone in the companies' strategic partnership.
Ocean Wilsons and Hansa agree £900m all-share merger
(Sharecast News) - Ocean Wilsons - a supplier of maritime services in Brazil - has agreed a £900m all-share merger with Hansa Investment Company.
Everyman reports strong first half as profits surge
(Sharecast News) - Everyman Media's share price jumped on Monday after the upmarket cinema chain delivered a positive trading update for the first half, as the bottom line was boosted by a surge in revenues and margin improvements.
Wood Group inches closer to a potential buyout, extends PUSU deadline
(Sharecast News) - Engineering and consulting firm Wood Group said on Monday that it has inched closer to a potential buyout after securing commercial alignment with bidder Sidara and its lenders on refinancing terms.
Trainline strikes £450m refinancing deal
(Sharecast News) - Rail and coach ticket marketplace operator Trainline said on Monday that it had bolstered its financial footing with a fresh refinancing deal, swapping out its existing £325.0m revolving credit facility for a more flexible £450.0m package.
GSK and Hengrui unveil development deal worth up to $12bn
(Sharecast News) - GSK has entered into a partnership with Chinese pharmaceutical outfit Hengrui Pharma to jointly develop up to 12 medicines, in a deal that could be worth up to $12bn.
FirstGroup buys Leeds-based Tetley's Coaches
(Sharecast News) - FirstGroup said on Monday that it has bought Tetley's Coaches, a Leeds-based coach and bus operator that has been in operation for over 75 years, for an undisclosed sum.
Cost of family shop jumps as UK food prices surge
(Sharecast News) - The family shop in the UK got more expensive in July as food inflation accelerated for the sixth straight month, with staples under the most pressure as wholesale prices are driven up by global supply problems.
Computacenter adjusted operating profits seen slightly ahead of FY24
(Sharecast News) - IT support and services firm Computacenter said on Monday that it continues to expect FY25 adjusted operating profits to be ahead of FY24 after delivering "strong revenue growth" in H1.
Cranswick Q1 revenues rise on demand for premium products
(Sharecast News) - UK food producer Cranswick held annual guidance as like-for-like revenue rose 7.9% on the back of new business wins and increasing consumer demand for premium natural protein.
Pepco hires advisers to oversee Poundland's transition to new ownership
(Sharecast News) - Poundland's former owners have lined up an advisory firm to oversee the retailer's transition to investment firm Gordon Brothers Group as it faces the closure of nearly 70 stores.
Zenova secures extinguisher distribution deal with Firefighting Supplies
(Sharecast News) - Zenova Group announced on Friday that it has secured a distribution agreement with Firefighting Supplies, which includes an initial order for 2,200 units of its FX 6L all-class fire extinguisher.
Law Debenture posts strong first-half performance
(Sharecast News) - The Law Debenture Corporation reported a strong first half on Friday, delivering solid returns and continued dividend growth despite a challenging market environment.
Taylor Maritime posts full-year loss, progress in June quarter
(Sharecast News) - Taylor Maritime reported a full-year loss for the period ended 31 March on Friday, as softening market conditions and a decline in vessel values weighed on performance, although the group maintained its dividend policy and accelerated vessel sales to strengthen its balance sheet.
TalkTalk reportedly secures £100m lifeline from Ares
(Sharecast News) - TalkTalk has secured a £100m investment from Ares Management, it was reported on Friday, as part of a wider effort to ease financial pressures on the telecoms and broadband group
Barclays upgrades Wizz Air to 'overweight', shares soar
(Sharecast News) - Wizz Air shares soared on Friday after Barclays upgraded the airline to 'overweight' from 'equalweight' and lifted the price target to 1,500p from 1,100p, "substantially reflecting" a higher assumed mid-term EBIT margin, increased from 6.5% to 7.8%.
International PPL declares first dividend under new quarterly structure
(Sharecast News) - International Public Partnerships (INPP) declared its first interim dividend for 2025 on Friday, marking the start of a new quarterly payment structure aimed at providing investors with a more regular income stream.
Record shares fall after subdued Q1 results
(Sharecast News) - Shares in Record dipped on Friday after the specialist currency and asset manager said net flows were neutral in the first quarter and gave a cautious outlook.
Panmure Liberum upgrades Softcat to 'buy'
(Sharecast News) - Panmure Liberum upgraded Softcat to 'buy' from 'hold' on Friday to reflect the recent share price fall and five positive takeaways from its fireside chat with the company, which demonstrated that customer advocacy is strong, structural growth drivers have a long way to go and Softcat could ultimately benefit from Microsoft's incentive changes.
Puma shares tank as guidance slashed
(Sharecast News) - Puma shares tanked by a fifth on Friday after the German sports apparel brand slashed its outlook for the full year, citing the impact from US tariffs.
German business sentiment improves less than expected in July - Ifo
(Sharecast News) - German business sentiment improved less than expected in July, according to a survey released on Friday by the Ifo Institute.
Derwent extends £450m credit facility
(Sharecast News) - Derwent London has extended its principal £450m unsecured revolving credit facility due to mature in October 2026, the company said on Friday.
Wood Group agrees to sell 50pc in RWG to JV partner
(Sharecast News) - Engineering services company John Wood Group said on Friday that it had agreed to sell its 50% stake in repair and overhaul services outfit RWG to joint venture partner Siemens Energy for $135.0m in cash.
Marshalls warns of soft activity levels in key markets
(Sharecast News) - Landscaping products manufacturer Marshalls warned on Friday that activity levels in its key markets had softened from the end of May and said it did not see "any immediate catalyst" for improvement for the remainder of 2025.
Rightmove keeps FY targets but warns growth will slow in H2
(Sharecast News) - Property portal operator Rightmove has reiterated its full-year guidance after a "strong" first half, in which revenues and operating profits both rose by a tenth, but warned that growth will slow slightly in the second half.
RBC predicts end-market recovery for Volution, ups target price
(Sharecast News) - RBC Capital Markets has raised its target price for Volution Group from 700p to 740p after the ventilation products maker's better-than-expected second-half performance, keeping an 'outperform' rating on the stock.
Jupiter Fund Management shares slide despite 'strong start' to year
(Sharecast News) - Shares in Jupiter Fund Management were sliding on Friday despite an improvement in assets under management rising 4% to £47.1bn at the end of June, from £45.3bn at the end of 2024, supported by a return to net inflows during the second quarter.
NatWest lifts guidance, reveals £750m share buyback
(Sharecast News) - NatWest Bank on Friday posted slightly better-than-expected interim results and announced a new £750m share buyback.
Close Bros sells Winterflood to Marex for £104m
(Sharecast News) - Close Brothers on Friday said it had sold its Winterflood execution services and securities business to Marex Group for £103.9m in cash as it slims down its portfolios to focus on the group's core lending activities.
Debenhams Group 'continues to review' debt facilities
(Sharecast News) - Debenhams Group - the newly rebranded Boohoo - said on Thursday that it continues to review its debt facilities "in the ordinary course of business".
Friday preview: UK retail sales, German Ifo index in focus
(Sharecast News) - Investors' focus at the end of the week will shift back to the UK a little.
American Airlines dials back profit guidance despite Q2 beat
(Sharecast News) - American Airlines dialled back profit guidance on Thursday despite beating on both the top and bottom lines with its Q2 trading performance.
Aptitude Software reports resilient half-year trading
(Sharecast News) - Aptitude Software reported a resilient trading performance for the six months ended 30 June on Thursday, with improved profitability and steady growth in recurring revenue, supported by momentum in its AI-led finance transformation platform, Fynapse.
Keysight says Chinese clearance the last hurdle in Spirent acquisition
(Sharecast News) - Keysight Technologies said in a market update on Thursday that it was engaging "constructively" with China's State Administration for Market Regulation (SAMR) over its proposed acquisition of Spirent Communications, with completion still expected on or before 29 September.
Slow market recovery sees Severfield swing to statutory loss
(Sharecast News) - Severfield swung to a statutory loss for the year ended 29 March, it reported on Thursday, as tougher market conditions in the UK and Europe and exceptional bridge remediation costs weighed on earnings.
AEW UK REIT posts quarterly NAV return after Leicester acquisition
(Sharecast News) - AEW UK REIT reported a net asset value total return of 0.69% for the quarter ended 30 June on Thursday, supported by continued asset management activity and completion of a high-yielding acquisition in Leicester, as the company maintained its quarterly dividend and delivered its sixth consecutive quarter of portfolio valuation gains.
Wizz Air posts jump in Q2 profit and revenues
(Sharecast News) - Wizz Air posted a jump in second quarter revenues and profits, even as it "refocused" the business and pared its leverage.
Supermarket Income REIT raises £250m from its first bond issue
(Sharecast News) - Supermarket Income REIT announced on Thursday that it has successfully completed its first bond issuance, raising £250m through a six-year senior unsecured bond, as the specialist real estate investment trust looked to diversify its funding sources and enhance financial flexibility.
AJ Bell reports 'record-breaking' third-quarter growth
(Sharecast News) - AJ Bell reported "record-breaking" third-quarter net inflows and customer growth on Thursday, driven by strong momentum across both its advised and direct-to-consumer (D2C) platforms.
Berenberg raises target price on Informa
(Sharecast News) - Analysts at Berenberg hiked their target price on publishing and events group Informa from 930.00p to 1,030.00p on Thursday following the group's H125 results a day earlier.
Vesuvius not expecting any improvement in performance until 2026
(Sharecast News) - Molten metal flow engineering company Vesuvius slumped on Thursday as it said market conditions remained challenging and that it does not expect an improvement in its performance until 2026.
Reach reaffirms guidance after first-half audience growth
(Sharecast News) - Reach reported a steady first-half financial performance on Thursday, with digital revenue and audience growth helping to offset print declines and support operating margins, as the UK's largest commercial news publisher launched a new set of strategic priorities focused on audience engagement, AI and subscriptions.
Wickes H1 revenues grow, retail sales 'strong'
(Sharecast News) - Home improvement retailer Wickes said on Thursday that interim revenues had grown on the back of a "strong" retail sales growth and a return to positive like-for-like trading in its design and installation arm in Q2.
Primary Health Properties reports strong half as it works towards Assura merger
(Sharecast News) - Primary Health Properties (PHP) reported a strong interim performance for the six months ended 30 June on Thursday, with higher earnings, portfolio valuation gains and a growing rent roll, supported by improving conditions across the UK and Irish primary care real estate sector.
Volution FY adjusted EPS seen 'slightly ahead' of consensus
(Sharecast News) - Ventilation products group Volution said on Thursday that it has made "continued good progress" in the year ending 31 July and now expects adjusted earnings per share to be "slightly ahead" of current consensus estimates of 32.00p.
IG Group FY profits jump as trading volumes, revenue per customer rise
(Sharecast News) - Online trading platform IG Group reported a jump in full-year profits and revenue on Thursday as trading volumes and revenue per customer rose.
Volution flags better-than-expected full-year performance
(Sharecast News) - Volution Group said in an update on Thursday that it expects adjusted earnings per share for the financial year ending 31 July to come in slightly ahead of current market expectations, as the ventilation systems manufacturer reported stronger organic revenue growth and continued operational momentum in the second half.
Revenues, profits rise sharply for Airtel Africa
(Sharecast News) - Airtel Africa reported a sharp rise in both revenue and profit for the quarter ended 30 June on Thursday, underpinned by continued demand for data and mobile money services, as well as easing currency headwinds across its markets.
3I Group sees Q2 NAV jump
(Sharecast News) - Infrastructure and private equity investor 3i posted a jump in its second quarter net asset value, thanks in part to a foreign exchange tailwind.
Howden Joinery H1 profits, revenue rise despite challenging market
(Sharecast News) - Howden Joinery posted a jump in first-half profit and revenue on Thursday as it continued to gain market share despite a challenging market.
Relx interim revenue, adjusted operating profits grow
(Sharecast News) - Information and analytics company Relx said on Thursday that both revenue and adjusted operating profits had grown in the six months ended 30 June, leading it to reaffirm FY guidance.
Treatt warns on profits, shares tumble
(Sharecast News) - Treatt tumbled on Thursday as it warned on profits, noting a drop in second-quarter sales.
Discoverie trades in line during Q1, reiterates FY adjusted earnings guidance
(Sharecast News) - Electronics components manufacturer Discoverie said on Thursday that Q1 trading was in line with guidance and said expectations for adjusted earnings for FY25/26 remain unchanged.
AstraZeneca reports positive results from autoimmune treatment trial
(Sharecast News) - AstraZeneca announced on Thursday that its investigational treatment 'gefurulimab' achieved statistically significant and clinically meaningful results in a phase three trial for generalised myasthenia gravis (gMG), a rare autoimmune neuromuscular disorder.
Centrica swings to interim statutory operating loss
(Sharecast News) - Energy and services firm Centrica said on Thursday that it had swung to a statutory operating loss in the six months ended 30 June.
Lloyds posts jump in H1 profits, lifts dividend
(Sharecast News) - Lloyds Banking Group backed its full-year outlook on Thursday and lifted its dividend as it reported a jump in first-half profits.
Anglo American restructuring 'on track' as Q2 core output rises
(Sharecast News) - Anglo American has reported a "solid" second quarter, with its core businesses of iron ore and copper on track to meet full-year guidance, as the company continues to progress its massive restructuring plan.
Reckitt lifts full-year revenue outlook
(Sharecast News) - Reckitt Benckiser upgraded the full-year revenue growth target for its core brands on Thursday as it posted a better-than-expected jump in second-quarter like-for-like sales.
Vodafone Q1 underlying earnings up 4.9pc, reiterates FY guidance
(Sharecast News) - Telecommunications giant Vodafone reiterated its FY26 guidance on Thursday as it said both revenue and underlying earnings had grown in Q1.
JPMorgan reiterates conviction on overweight-rated Aberdeen
(Sharecast News) - JPMorgan Cazenove reiterated its conviction on Aberdeen on Thursday, having recently upgraded the shares to 'overweight' and placed them on 'positive catalyst watch' ahead of the first-half results on 30 July.
BT makes 'solid start' to FY25, H1 adjusted revenues down 3pc
(Sharecast News) - Telecommunications giant BT said on Thursday that it has made "a solid start to the year" despite seeing both revenues and profits decline.
Canaccord Genuity raises target price on Personal Group
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on Personal Group from 316.0p to 368.0p on Wednesday following the firm's interim results.
Norcros maintains expectations after resilient first quarter
(Sharecast News) - Norcros said in an update on Wednesday that it delivered a resilient trading performance in the first quarter of its financial year, with revenue modestly ahead of the prior year and full-year expectations remaining unchanged.
Hochschild reports steady first-half operational performance
(Sharecast News) - Hochschild Mining reported steady operational performance across its key sites for the first half of 2025 on Wednesday, as output remained strong and net debt declined despite challenges at its Mara Rosa operation in Brazil.
Ecora reports sharp increase in portfolio contribution
(Sharecast News) - Ecora Resources reported a sharp increase in portfolio contribution for the second quarter on Wednesday, buoyed by strong performance across its base metals assets and a resumption of mining activity at Kestrel.
Vp reports 'resilient' first-quarter trading
(Sharecast News) - Vp said in an update on Wednesday that trading in the first quarter of its financial year was "resilient" despite ongoing mixed market conditions, as it reiterated that it expected full-year performance to be in line with market expectations.
CMA targets Apple, Google over mobile browser dominance
(Sharecast News) - The UK competition watchdog is proposing stepping up scrutiny of Apple and Alphabet's Google in mobile ecosystems, it was confirmed on Wednesday.
Berenberg hikes target price on Admiral
(Sharecast News) - Analysts at Berenberg raised their target price on insurance group Admiral from 3,550.0p to 3,850.0p on Wednesday after the UK's Financial Conduct Authority published the initial findings of its premium finance market review.
Alpha Group agrees £1.8bn takeover offer from Corpay
(Sharecast News) - Corpay announced an agreement to acquire Alpha Group International in a recommended all-cash deal on Wednesday, valuing the FTSE 250 financial services firm at £1.8bn.
Thursday preview: Alphabet, Tesla, Global PMIs, ECB, Russia-Ukraine talks and trade in focus
(Sharecast News) - Investors will have to navigate a raft of risk events on Thursday.
'Difficult' first half hits profits at Breedon, shares slide
(Sharecast News) - Shares in Breedon Group slid on Wednesday, after the construction materials specialist warned on profits following a "challenging" first half.
Fresnillo shares drop on cautious silver outlook
(Sharecast News) - Precious metals miner Fresnillo reported a "robust" period for production in the second quarter and said that gold output was trending towards the upper end of full-year guidance, though silver results have been weaker than hoped.
Profits slide at Heathrow as costs mount
(Sharecast News) - Interim profits fell sharply at Heathrow despite record passenger numbers, the airport confirmed on Wednesday, as costs mounted.
Informa H1 revenues grow, upgrades FY guidance
(Sharecast News) - Publishing and exhibitions group Informa said on Wednesday that H1 revenue growth and strong forward visibility had led it to upgrade FY guidance.
JD Wetherspoon YTD sales up 5.1pc
(Sharecast News) - Pub landlord JD Wetherspoon said on Wednesday that like-for-like sales increased by 5.1% year-on-year in the 12 weeks ended 20 July, as sales volumes recently overtook pre-pandemic levels.
Evoke flags 5pc rise in second-quarter revenue
(Sharecast News) - Evoke said on Tuesday that second-quarter revenue rose by 5% year-on-year, driven by growth in online betting and gaming and a recovery in retail following the rollout of 5,000 new gaming machines earlier this year.
Fuller's reports continued strong trading
(Sharecast News) - Fuller, Smith & Turner reported like-for-like sales growth of 5.0% for the first 16 weeks of its financial year, as the pub and hotel operator continued to deliver a strong trading performance.
Headlam reports improved trading conditions in second quarter
(Sharecast News) - Headlam said in an update on Tuesday that trading conditions showed signs of improvement in the second quarter, with revenue trends continuing to recover, although the group still expected to report a first-half underlying loss before tax of around £20m.
Motorpoint flags strong trading momentum in new financial year
(Sharecast News) - Motorpoint said in an update on Tuesday that trading momentum remained strong in the first quarter of its new financial year, with retail volume sales rising by 10.6% compared to the same period last year.
Marston's on track to deliver full-year profit in line with expectations
(Sharecast News) - Marston's said in an update on Tuesday that it was on track to deliver full-year profit before tax in line with market expectations, as second-half trading momentum and strategic progress continue to build.
ICG Enterprise Trust nets $30m from Datasite sale
(Sharecast News) - ICG Enterprise Trust announced on Tuesday that it has completed the sale of its co-investment in Datasite, generating cash proceeds of $30m (£22m).
Acquisitions drive first-half revenue growth for Luceco
(Sharecast News) - Luceco reported a 15% increase in revenue for the first half of 2025 on Tuesday, reaching £125m, supported by recent acquisitions and continued growth in electric vehicle charging products.
Greencore lifts profit guidance, shares surge
(Sharecast News) - Shares in Greencore Group rallied on Tuesday, after the convenience food group boosted its full-year guidance on the back of a strong third quarter.
Shore Capital hails long-term growth potential at Compass
(Sharecast News) - Shares in Compass jumped on Tuesday after a strong third-quarter update from the catering group, prompting broker Shore Capital to reiterate its longstanding 'buy' recommendation on the stock.
Berenberg raises target price on Johnson Matthey
(Sharecast News) - Analysts at Berenberg raised their target price on chemicals and sustainable technologies company Johnson Matthey from 1,800.0p to 1,950.0p on Tuesday, noting that the stock's 40% year-to-date share-price performance has been "one of the few pleasant surprises" for chemicals investors in 2025.
Wednesday preview: US tech earnings, Russia-Ukraine talks in focus
(Sharecast News) - Financial markets are likely to be in a holding pattern throughout Wednesday's session, as investors wait for quarterly earnings report out of US tech giants Alphabet and Tesla which are due out after the close.
Mitie Group delivers 'strong trading momentum' in Q1
(Sharecast News) - Facilities manager Mitie Group said on Tuesday that it had witnessed "strong trading momentum" in Q1, with revenues up double digits in the period.
ME Group reiterates outlook on strong first half
(Sharecast News) - ME Group International reaffirmed its full-year outlook on Tuesday, following a rise in both revenues and earnings.
Kier shares slide as CEO to step down, successor named
(Sharecast News) - Shares in Kier Group fell almost 6% as chief executive Andrew Davies announced on Tuesday he was retiring at the end of October, with Stuart Togwell, the building firm's group managing director of construction named as replacement.
Capricorn Energy receivables position 'relatively flat' in H1
(Sharecast News) - Exploration and development company Capricorn Energy said on Tuesday that its receivables position remained "relatively flat" in the six months ended 30 June.
Compass Group upgrades FY profit guidance, acquires Dutch food services business
(Sharecast News) - Food services business Compass Group upgraded FY25 profit guidance on Tuesday on the back of strong organic growth and a better-than-expected M&A performance.
AstraZeneca to invest $50bn in US manufacturing and R&D
(Sharecast News) - Drugmaker AstraZeneca said on Tuesday that it plans to invest $50.0bn in the US for medicines manufacturing and R&D by 2030.
Inchcape buys Icelandic auto distributor Askja
(Sharecast News) - Inchcape has agreed to acquire Icelandic automotive distributor Askja for an undisclosed sum.
Centrica to take 15% stake in £38bn Sizewell project
(Sharecast News) - British Gas-owner Centrica has taken a 15% stake in nuclear power station Sizewell C, it was announced on Tuesday, one of a number of new private investors to inject funds into the £38bn project.
Mortgage borrowers will be to reduce term, change lenders through new FCA reforms
(Sharecast News) - The UK financial regulator is to introduce a package of reforms to simplify mortgage rules in an effort to help borrowers remortgage easier.
Hunting secures $31m titanium joint contract
(Sharecast News) - Hunting announced on Monday that it has secured a $31m contract to supply titanium stress joints for a deepwater gas development in the Turkish sector of the Black Sea.
Kenmare lands first two dredges at Moma Mine
(Sharecast News) - Kenmare Resources announced on Monday that it has successfully landed the first of two new high-capacity dredges at its Moma Titanium Minerals Mine in northern Mozambique, marking a key milestone in a major upgrade to its largest mining plant, Wet Concentrator Plant A.
Headlam sells Tamworth distribution centre for £21.75m
(Sharecast News) - Headlam Group announced the sale of its Tamworth distribution centre for £21.75m on Monday, as part of its ongoing transformation plan, entering into a leaseback arrangement to retain use of the site for at least the next decade.
Berenberg lowers target price on Valterra Platinum
(Sharecast News) - Analysts at Berenberg lowered their target price on precious metals group Valterra Platinum from 2,600.0p to 2,500.0p on Monday following the release of its Q2 production results and H1 trading statement.
Canaccord Genuity hikes target price on Zegona Communications
(Sharecast News) - Analysts at Canaccord Genuity hiked their target price on Zegona Communications from 835.0p to 980.0p on Monday following the group's recent FY25 results.
Impressive H1 from Oxford Nanopore should allay investor concerns, says Berenberg
(Sharecast News) - Shares in Oxford Nanopore Technologies surged on Monday after the molecular tech group updated the market on a strong first-half performance, something which broker Berenberg says has "de-risked" the delivery of full-year guidance.
Official review calls for Ofwat to be scrapped
(Sharecast News) - An independent review of the UK's under-pressure water sector has called for Ofwat to be scrapped, it was confirmed on Monday.
PRS REIT Q4 home completions, estimated rental values grow
(Sharecast News) - Real estate investment trust PRS REIT said on Monday that both home completions and estimated rental value had grown in the three months ended 30 June.
Ryanair Q1 profits surge as fare hikes provide lift
(Sharecast News) - Shares in Ryanair jumped on Monday as the low-cost carrier more than doubled first-quarter profits, driven by a sharp jump in fare rises, and said it was considering an increase in lifting staff bonuses for spotting oversized luggage.
Mony reiterates outlook despite market headwinds
(Sharecast News) - MoneySuperMarket-owner Mony Group reiterated its full-year guidance on Monday, despite ongoing weakness in the car insurance market.
LSE Group looking at possible shift to 24-hour trading
(Sharecast News) - The London Stock Exchange Group is reportedly studying whether to move to 24-hour trading.
Oxford Nanopore delivers 'strong' H1 performance, reported revenues up 25pc YOY
(Sharecast News) - Molecular technology business Oxford Nanopore said on Monday that it had delivered a "strong" first half performance, with reported revenues expected to be up by a quarter year-on-year.
Takeover target Assura swings to annual profit
(Sharecast News) - UK healthcare property investor Assura on Monday posted a 16.6% rise in annual net rental income and swung to a profit as it eyed growth opportunities in the UK.
Tuesday preview: Fed's Powell, BoE's Bailey in focus
(Sharecast News) - The market spotlight on Tuesday will be on speeches from the heads of the US Federal Reserve and the Bank of England.
Blackstone mulling breakup of Bourne Leisure - report
(Sharecast News) - Blackstone is reportedly considering breaking up British leisure and hospitality company Bourne Leisure, splitting up and selling both the Haven Holidays and Warner Leisure chains.
Carr's Group enters manufacturing partnership with Vetalis
(Sharecast News) - Carr's Group announced a strategic manufacturing partnership with French animal health company Vétalis on Friday, to develop an enhanced range of Tracesure boluses, with distribution due to begin in autumn 2025.
JPMorgan puts Softcat on 'negative catalyst watch', shares slump
(Sharecast News) - Softcat slumped on Friday as JPMorgan Cazenove placed the shares on 'negative catalyst watch' ahead of FY25 results.
Berenberg lowers target price on Ashtead Technology
(Sharecast News) - Analysts at Berenberg lowered their target price on Ashtead Technology from 800.0p to 700.0p on Friday following a "tough first half".
BP to sell US onshore wind business to LS Power
(Sharecast News) - BP said on Friday that it has agreed to sell its US onshore wind business, BP Wind Energy, to LS Power, a development, investment and operating company focused on the North American power and energy infrastructure sector.
FDA rejects overall benefit/risk profile of GSK's blood cancer drug dosage
(Sharecast News) - Drugmaker GSK said on Friday that the US Food and Drug Administration's Oncologic Drugs Advisory Committee had voted against the overall benefit/risk profile of its relapsed/refractory multiple myeloma asset at the proposed dosage.
BHP flags $1.7bn cost overrun at Canada fertiliser project
(Sharecast News) - Australian mining giant BHP flagged a cost overrun of up to $1.7 billion at its Jansen potash fertiliser project in Canada and also reported record copper and iron ore output.
Citi downgrades Barclays to 'neutral'
(Sharecast News) - Citi downgraded its stance on Barclays on Friday as it took a look at European banks and exchanges.
Bridgepoint reiterates targets after solid first half
(Sharecast News) - Investment firm Bridgepoint said it delivered a strong first-half with "encouraging progress" on fundraising, as assets under management (AuM) jumped by a fifth compared with last year.
Reckitt to offload Essential Home brands, return $2.2bn to shareholders
(Sharecast News) - Consumer products giant Reckitt Benckiser has announced it is selling off a controlling share in its Essential Home division to private equity firm Advent International in a deal that values the portfolio at $4.8bn.
Senior to sell aerostructures business for up to £200m
(Sharecast News) - Engineering firm Senior on Friday said it was selling its aerostructures business to Sullivan Street Partners, a UK-based private equity investor, for a total enterprise value of up to £200m.
Burberry Q1 retail revenues fall as external environment remains 'challenging'
(Sharecast News) - Luxury fashion house Burberry said on Friday that retail revenues fell by 6% to £433.0m in the three months ended 28 June as the external environment remained "challenging".
Friday preview: US consumer confidence, housing starts in focus
(Sharecast News) - Investors' attention at the end of the week will continue to be on the inflation picture Stateside.
Berenberg slightly lowers target price on Sabre Insurance
(Sharecast News) - Analysts at Berenberg slightly lowered their target price on Sabre Insurance from 202.0p to 200.0p on Thursday ahead of the group's H1 results later this month.
Capital raises full-year revenue guidance
(Sharecast News) - Capital Limited raised its full-year revenue guidance on Thursday, after reporting a 21.7% increase in group revenue to $87.4m in the second quarter, supported by improved performance in drilling, mining, and laboratory services.
IP Group's Istesso upbeat on oral medicine research
(Sharecast News) - IP Group announced on Thursday that its portfolio company Istesso has published peer-reviewed data demonstrating that its new class of oral investigational medicines could promote tissue repair in fibrotic, autoinflammatory, and autoimmune diseases - a first for oral agents in these therapeutic areas.
Gore Street Energy Storage reports modest NAV total return
(Sharecast News) - Gore Street Energy Storage Fund reported a modest 1.1% net asset value total return for the year ended 31 March on Thursday, supported by a steady operational performance, the sale of US tax credits, and strong deployment of AI-led energy trading.
US retail sales rise 0.6pc in June
(Sharecast News) - US retail sales increased 0.6% month-on-month in June, according to the Census Bureau, coming in ahead of market expectations of a 0.1% gain.
Pharos Energy reports solid first-half performance
(Sharecast News) - Pharos Energy reported a solid first-half operational performance on Thursday, with stable production and continued free cash flow generation, enabling it to reaffirm full-year guidance and dividend commitments despite volatile macro conditions.
Custodian Property launches £5m share buyback
(Sharecast News) - Custodian Property Income REIT announced the launch of a share buyback programme of up to £5m on Thursday, citing what it sees as a material undervaluation of the company and its portfolio in the current market.
Helical confident in outlook for prime London offices
(Sharecast News) - Helical said in an update on Thursday that it remained confident in the outlook for prime central London offices, as it reported progress across multiple development projects and reaffirmed its growth ambitions ahead of its annual general meeting.
Barclays upgrades Wizz Air, says Abu Dhabi exit is a 'strategic positive'
(Sharecast News) - Barclays upgraded Wizz Air on Thursday to 'equalweight' from 'underweight' and lifted the price target to 1,100p from 900p as it said the decision to exit Abu Dhabi was a "strategic positive".
DFS Furniture FY profits seen 'slightly above' guidance
(Sharecast News) - Retailer DFS Furniture said on Thursday that FY profits were expected to be "slightly above" the top end of guidance on the back of "strong trading and good cost control".
Funding Circle on track for 2026 targets after strong first half
(Sharecast News) - Funding Circle delivered a confident outlook to the market on Thursday after reporting solid growth in the first half of 2025.
ITV chair Cosslett tapped to chair Johnson Matthey
(Sharecast News) - Johnson Matthey announced the appointment of Andrew Cosslett as its new non-executive chair, effective immediately following the conclusion of its annual general meeting on Thursday.
Coats Group raises £246m to help fund OrthoLite acquisition
(Sharecast News) - Coats Group said on Thursday that it has successfully raised gross proceeds of approximately £246m through a capital raise aimed at funding its acquisition of OrthoLite Holdings.
US FDA approves new format of GSK's Shingrix
(Sharecast News) - GSK announced on Thursday that it has received approval from the US Food and Drug Administration for a new prefilled syringe presentation of its shingles vaccine, Shingrix.
Diploma lifts FY organic growth guidance, shares spark
(Sharecast News) - Diploma surged on Thursday after lifting its full-year organic growth target following a "strong" performance in the third quarter.
Future 'on track' to meet FY expectations, makes 'good progress' on strategy
(Sharecast News) - Publishing company Future said on Thursday that it remains on track to achieve FY25 market expectations after making "good progress" executing on its strategy.
Big Yellow Q1 revenues up 3pc
(Sharecast News) - Self-storage group Big Yellow said on Thursday that total revenues had increased in the three months ended 30 June on the back of strong average rate growth.
Qinetiq reports 'record order backlog' at end of Q1
(Sharecast News) - Defence technology firm Qinetiq said on Thursday that it had a "record order backlog" at the end of Q1, after beginning the year with "good revenue cover" of 75%.
RS Group maintains outlook despite revenue decline
(Sharecast News) - RS Group said in an update on Thursday that its full-year outlook remained unchanged, despite reporting a 2% decline in like-for-like revenue for the first quarter ended 30 June.
Dunelm FY profits seen in line with consensus after 'good' Q4
(Sharecast News) - Homeware retailer Dunelm said on Thursday that full-year profit was set to be in line with consensus expectations as it hailed a "good" fourth-quarter performance.
Wise shares head south as cross-border take rates fall
(Sharecast News) - Wise shares were in the red early on Thursday after revealing that its cross-border take rate fell by 12 basis points year-on-year.
NCC exploring sale of cyber business in event of Escode sale
(Sharecast News) - Technology firm NCC confirmed late on Wednesday that it is in the early stages of reviewing all strategic options for its cyber business should the sale of the Escode arm be agreed.
Frasers disappoints as FY profits hit low end of guidance
(Sharecast News) - Shares in Frasers Group dropped on Thursday after the retail conglomerate released its full-year results, in which adjusted profits came in at the lower end of the guidance range and domestic sales fell.
EasyJet pre-tax profits grow in Q3, expects £25m hit to FY profits from French strikes
(Sharecast News) - Budget airline EasyJet said on Thursday that pre-tax profits had grown to £286,0m in the three months ended 30 June, up £50.0m year-on-year, but warned that profits would be impacted by recent French industrial action.
Ocado Group sees profits surge after strong first half
(Sharecast News) - Ocado Group has said its full-year outlook remains on track after swinging to a big profit in the first half, in which both the tech and logistics divisions delivered double-digit top-line increases.
Weak grocery sales dent Premier Foods Q3 revenues
(Sharecast News) - First-quarter sales at Premier Foods barely ticked higher, the Mr Kipling and Oxo owner said on Thursday, with grocery branded declining as warmer weather impacted some categories.
SSE reaches final investment decision on Platin power station
(Sharecast News) - Multinational energy company SSE said on Thursday that a final investment decision has been taken to build its Platin power station in County Meath.
Johnson & Johnson lifts guidance on strong Q2 sales, shares pop
(Sharecast News) - US healthcare company Johnson & Johnson raised on Wednesday annual earnings and sales guidance on the back of strong sales and foreign exchange tailwinds, sending shares in the firm up 5.5%.
Data on all 6.5m Co-op members stolen in attack - CEO
(Sharecast News) - The Co-op confirmed on Wednesday that the personal details of all 6.5 million of its members were stolen in a cyber-attack earlier in the year, in one of the most significant data breaches to hit a UK retailer.
Apax Global Alpha to invest EUR 4.5m in Foods Connected
(Sharecast News) - Apax Global Alpha (AGA) said in an update on Wednesday that it expects to invest €4.5m indirectly in Foods Connected through the Apax Global Impact Fund (AGI), which had agreed to acquire a strategic stake in the Northern Ireland-based food supply chain software company.
Kenmare expects non-cash impairment from revised pricing assumptions
(Sharecast News) - Kenmare Resources said in an update on Wednesday that it expects to book a non-cash impairment charge of up to $125m in its half-year results, citing revised long-term pricing assumptions due to an uncertain market outlook for titanium feedstocks.
Diageo CEO Debra Crew steps down
(Sharecast News) - Drinks company Diageo said on Wednesday that chief executive officer Debra Crew has stepped down with immediate effect, by mutual agreement.
Canaccord upgrades Jupiter to 'hold' on cost-cutting, M&A moves
(Sharecast News) - Canaccord Genuity has raised its rating for Jupiter from 'sell' to 'hold', saying that the fund manager is taking actions to "right-size the business and rebuild scale".
EnQuest secures Brunei production sharing agreement
(Sharecast News) - EnQuest announced on Wednesday that it has secured a production sharing agreement for Block C offshore Brunei Darussalam, marking a new entry into the country and further expanding its Southeast Asian gas portfolio.
Jefferies upgrades Bytes Technology, cites attractive risk/reward
(Sharecast News) - Jefferies upgraded Bytes Technology to 'buy' from 'hold' on Wednesday, citing an attractive risk/reward.
Berenberg lowers target price on Barratt Redrow
(Sharecast News) - Analysts at Berenberg lowered their target price on housebuilder Barratt Redrow from 540.0p to 485.0p on Wednesday following the group's FY25 trading update a day earlier.
Strong blockbuster sales boost Bloomsbury
(Sharecast News) - Bloomsbury Publishing said on Wednesday that full-year results were on track to meet targets, driven by the ongoing popularity of blockbuster authors such as Sarah J Maas and JK Rowling.
Morgan Stanley downgrades Hays, cites 'multiple reasons to be cautious'
(Sharecast News) - Morgan Stanley downgraded recruiter Hays on Wednesday to 'underweight' from 'equalweight' and cut the price target to 55p from 64p, citing "multiple reasons to be cautious".
FCA fines Barclays £42m over financial crime risk lapses
(Sharecast News) - The Financial Conduct Authority has fined Barclays a total of £42m, it announced on Wednesday, for significant lapses in its handling of financial crime risks, following two separate failings linked to client accounts associated with suspected fraud and money laundering.
PureTech Health CEO Bharatt Chowrira steps down
(Sharecast News) - Clinical-stage biotherapeutics company PureTech Health said on Wednesday that chief executive officer Bharatt Chowrira has stepped down with immediate effect.
JPMorgan slashes B&M price target after update, reiterates 'underweight'
(Sharecast News) - JPMorgan Cazenove slashed its price target on B&M European Value Retail on Wednesday to 207p from 281p and reiterated its 'underweight' rating following the discount retailer's trading update a day earlier.
Workspace Group focused on improving occupancy after Q1 decline
(Sharecast News) - Office operator Workspace Group has reported falling occupancy levels at the start of the year and pointed to further large vacations to come in the second quarter.
AstraZeneca drug fails to meet main goal in late-stage amyloidosis trial
(Sharecast News) - An investigational AstraZeneca treatment for amyloidosis has failed to show a statistical significance in late-stage trials, the blue chip pharmaceutical group said on Wednesday.
Antofagasta records increased production at two largest copper mines
(Sharecast News) - Mining giant Antofagasta said on Wednesday that it had recorded increased production at its two largest copper mining districts, Los Pelambres and Centinela.
Intermediate Capital Group AuM grows in Q2
(Sharecast News) - Investment firm Intermediate Capital Group said on Wednesday that assets under management had grown in the three months ended 30 June, improving from $112.35m to $122.57m.
Rio Tinto says US tariffs added $300m in costs on Canadian aluminium
(Sharecast News) - Rio Tinto on Wednesday revealed that US tariffs added $300m in first half costs on aluminium exports from Canada.
Zinc Media posts strongest first half performance since 2020
(Sharecast News) - Zinc Media Group has posted its strongest first-half trading performance since launching its transformation strategy in 2020 on Tuesday, underpinned by major contract wins, a growing international footprint, and a streamlined business structure.
Citigroup posts better-than-expected second quarter earnings
(Sharecast News) - Citigroup posted stronger-than-expected earnings for the second quarter on Tuesday, lifted by robust growth across its core businesses and a standout performance in markets and investment banking.
Next 15 agrees to sell digital development subsidiary Beyond
(Sharecast News) - Next 15 Group announced on Wednesday that it has agreed to sell its digital development subsidiary BYND, known as Beyond, to Qodea, a Google Cloud specialist backed by Marlin Equity Partners.
Norcros agrees to acquire Norwegian firm Fibo
(Sharecast News) - Norcros announced on Tuesday that it has agreed to acquire Fibo Holding, a leading Norwegian supplier of waterproof decorative wall panels, in a deal valued at NOK 618m (£45m).
New FTSE 250 member Atalaya reports consistent performance
(Sharecast News) - Atalaya Mining reported a consistent operational performance in the second quarter of 2025 on Tuesday, with solid output from its Proyecto Riotinto site and a strengthened balance sheet underpinned by rising cash reserves.
RM reports improved first-half profitability
(Sharecast News) - RM reported improved profitability for the first half of the year on Tuesday, despite lower group revenue, as its cost-saving programme and strong growth in its assessment division began to yield results.
GlobalData flags resilient first-half trading
(Sharecast News) - GlobalData reported resilient first-half trading on Tuesday, with revenue up 12% to £157m for the six months ended 30 June, as momentum in contracted forward revenue improved following a slow start to the year.
Citi lifts Currys price target, reiterates 'buy' rating
(Sharecast News) - Citi reiterated its 'buy' rating on Currys on Tuesday and lifted the price target to 150p from 121p, saying that iD Mobile and buybacks are set to provide material upside.
Trustpilot lifts FY margin guidance, shares spark
(Sharecast News) - Trustpilot surged on Tuesday as the review website upgraded its full-year margin guidance, reporting a jump in first-half bookings and revenue.
Hilton Food Group agrees to sell majority stake in Foods Connected
(Sharecast News) - Hilton Food Group announced on Tuesday that it has agreed to sell a majority stake in its supplier management platform, Foods Connected, to the Apax Global Impact Fund in a deal that will see the FTSE 250 food group receive £22m in cash.
Berenberg lowers target price on Oxford Instruments
(Sharecast News) - Analysts at Berenberg lowered their target price on manufacturing and research firm Oxford Instruments from 2,600.0p to 2,500.0p on Tuesday but noted the group had made a "quantum leap in cash" from self-help efforts.
Ibstock H1 revenues grow, reiterates FY guidance
(Sharecast News) - Building products manufacturer Ibstock said on Tuesday that revenues had grown in the six months ended 30 June.
Experian global revenues up 12pc in Q1
(Sharecast News) - Data and technology firm Experian said on Tuesday that global revenues were up double-digits in the three months ended 30 June.
Ninety One reports rise in AuM after Sanlam UK transfer
(Sharecast News) - Ninety One reported a rise in assets under management to £139.7bn at the end of June on Tuesday, up from £130.8bn at the end of March and £128.6bn a year earlier.
Convatec slides as CMS proposes to cut spending on skin-substitute products
(Sharecast News) - Convatec shares fell sharply on Tuesday after the Centers for Medicare & Medicaid Services in the US suggested to cut spending on skin-substitute products, citing "abusive pricing practices".
Rio Tinto appoints iron ore chief Simon Trott as CEO
(Sharecast News) - Rio Tinto on Tuesday said it had appointed its iron ore chief Simon Trott to succeed Jakob Stausholm as chief executive of the mining giant.
Integrafin delivers 'strong' Q3 net inflows
(Sharecast News) - Investment platform operator Integrafin said on Tuesday that it had seen "strong" net inflows to its Transact platform during Q3, demonstrating "growing momentum" across the business.
Starling Bank mulling New York listing - FT
(Sharecast News) - Starling Bank is reportedly considering a listing in New York as part of its expansion plans in the US.
Genus delivers 'strong' underlying group trading performance in FY25
(Sharecast News) - Animal genetics firm Genus said on Tuesday that it had delivered a "strong" underlying group trading performance in the year ended 30 June, in line with expectations.
Thames Water slumps into the red, warns turnaround will take 'at least' a decade
(Sharecast News) - Crisis-struck Thames Water plunged to £1.6bn loss last year, it confirmed on Tuesday, as debts and sewage spills continued to mount.
Dalata Hotels agrees to €1.4bn takeover
(Sharecast News) - Irish hotel giant Dalata is to be bought by Scandinavian property companies Pandox and Eiendomsspar for €1.4bn, the companies said on Tuesday.
Robert Walters downbeat on outlook as Q2 net fees drop
(Sharecast News) - Recruiter Robert Walters struck a downbeat tone on the outlook on Tuesday as it reported a drop in second-quarter fee income on Tuesday, citing macroeconomic uncertainty.
B&M shares hit record lows following weaker-than-expected revenue growth
(Sharecast News) - Shares in discount retailer B&M European Value Retail were down double-digits early on Tuesday after it posted weaker-than-expected revenue growth in Q1, despite soft comparatives and favourable weather conditions across the UK.
Claire's considering sale of UK operations as woes continue
(Sharecast News) - The parent company of high street accessories and fashion chain Claire's is said to have lined up advisers to help with a potential sale of its UK operations, as it continues to explore options for the future of the wider business.
Close Bros sells brewery rentals unit for undisclosed sum
(Sharecast News) - Close Brothers said it has reached a deal to sell Close Brewery Rentals to MML Capital for an undisclosed sum as it moves to simplify its portfolio.
Barratt Redrow warns consumer confidence remains 'fragile', shares slide
(Sharecast News) - Shares in blue chip housebuilder Barratt Redrow fell sharply on Tuesday, after it warned both profits and completions would be lower this year.
Tuesday preview: US CPI, Q2 results in focus
(Sharecast News) - Investors' focus on Tuesday will be on the latest cost-of-living data due out in the States.
FCA eases fundraising rules to lower costs, promote growth
(Sharecast News) - The UK financial regulator has eased rules for fundraising in an effort to lower costs for companies, increase access to investment opportunities and encourage growth.
CityFibre secures £2.3bn to fund expansion
(Sharecast News) - Broadband network CityFibre said on Monday that it has reached agreement with its shareholders and existing lenders on a £2.3bn financing round to accelerate the next phase of its growth.
Govt green paper to look at Post Office ownership model
(Sharecast News) - Ownership of the Post Office could be handed to its operators under plans being put forward by ministers in a consultation after the Horizon IT scandal that saw hundreds wrongfully prosecuted for fraud.
Panmure Liberum ups AB Foods to 'buy', shares spark
(Sharecast News) - Panmure Liberum upgraded Associated British Foods on Monday to 'buy' from 'hold' and hiked the price target to 2,600p from 1,900p as it said the market underestimates the pace of recovery of Sugar profits.
Gore Street Energy Storage sells last tranche of US tax credits
(Sharecast News) - Gore Street Energy Storage Fund announced the sale of its final tranche of US investment tax credits on Monday, securing a total of $84m from its Dogfish and Big Rock projects, surpassing previous guidance and delivering what the company described as "strong commercial terms".
Wizz Air to close Abu Dhabi base, refocus on Europe
(Sharecast News) - Wizz Air said in an update on Monday that it will suspend all flight operations from its Abu Dhabi base from 1 September as part of a strategic realignment that would see the ultra low-cost carrier concentrate on its core central and eastern European markets, along with selected western European countries.
Braemar expands into Africa as part of strategic expansion
(Sharecast News) - Braemar announced the opening of its first office in Africa as part of its strategic push into new markets on Monday, establishing a presence in Cape Town, South Africa.
JPM flags positive outlook for British Airways-owner IAG
(Sharecast News) - JP Morgan has flagged IAG as one of its top picks across Europe's airlines, while reiterating its 'underweight' view of German rival Deutsche Lufthansa.
UK stocks to outperform as US hits EU with tariffs, says Panmure Liberum
(Sharecast News) - Broker Panmure Liberum believes the newly announced tariffs on EU imports into the US will turn the UK into a "trade war winner", resulting in an outperformance by London-listed stocks compared with their continental peers.
Deutsche Bank downgrades Tristel to 'hold' on share price strength
(Sharecast News) - Deutsche Bank downgraded Tristel on Monday to 'hold' from 'buy' on share price strength.
Berenberg sees upside risk to forecasts at Flutter
(Sharecast News) - Berenberg has reiterated a 'buy' rating for Flutter Entertainment, saying that the gambling and sports betting company's upcoming second-quarter results could "surprise to the upside".
CML Microsystems sells excess land at HQ for £7m
(Sharecast News) - AIM-listed tech group CML Microsystems has sold £7m of excess land at its headquarters in Essex as part of its ongoing strategy to "unlock value" from non-operational property assets.
Saga in strategic partnership with NatWest to deliver over-50s savings products
(Sharecast News) - Saga said on Monday that it has entered into a seven-year partnership with NatWest's banking-as-a-service business, NatWest Boxed, to deliver "innovative" savings products for people over 50.
DCC to sell UK & Ireland Info Tech business to Aurelius for £100m
(Sharecast News) - Sales, marketing and support services group DCC said on Monday that it has agreed to sell its Info Tech business in the UK and Ireland to private equity investor Aurelius for around £100m.
Bitcoin breaches $120k for first time
(Sharecast News) - Bitcoin on Monday climbed to a new record high breaching the $120,000 mark.
Supermarket Income Reit buys Tesco site for £54m
(Sharecast News) - Supermarket Income REIT said it had bought a Tesco supermarket in Ashford, Kent, for £54.1m at a net initial yield of 7%.
Ashmore assets under management up $1.4bn in Q4
(Sharecast News) - Asset manager Ashmore said on Monday that assets under management increased by $1.4bn over the three months ended 30 June, made up of a positive investment performance of $2.2bn and net outflows of $800.0m.
US FDA to review GSK bid to extend use of respiratory virus drug
(Sharecast News) - GSK said the US Food and Drug Administration has accepted an application for review to extend the indication of its Arexvy respiratory syncytial virus vaccine to adults aged 18-49 who are at increased risk.
Pennon CEO Susan Davy to retire
(Sharecast News) - South West Water owner Pennon Group said on Friday that chief executive officer Susan Davy has decided to retire.
Heathrow seeks approval to hike landing fees
(Sharecast News) - Heathrow Airport wants to raise landing fees as part of a £10bn investment programme intended to increase capacity and boost passenger numbers, it was confirmed on Friday.

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