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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.

Kier wins £500m hospital contract
(Sharecast News) - Infrastructure and construction company Kier Group said on Thursday that it has been appointed as the lead construction partner for the redevelopment of Hinchingbrooke Hospital in Cambridgeshire.
Friday preview: IAG, NatWest results in focus; BOJ announcement due
(Sharecast News) - On Friday, investors will eye the latest policy announcement from the Bank of Japan as well as results from BA and Iberia owner IAG, NatWest and Chevron.
Vanquis Banking pushes back ROTE targets again, shares tumble
(Sharecast News) - Vanquis Banking Group - formerly Provident Financial - tumbled on Thursday after it pushed back its targets for return on tangible equity again.
Canaccord Genuity lowers Hostelworld target price
(Sharecast News) - Canaccord Genuity lowered its price target for Hostelworld to 185p from 205p on Thursday, turning more cautious on near‑term trading as the ongoing Middle East conflict continues to weigh on volumes, though it said the group's longer‑term structural growth story remains intact.
JTC trading in line with expectations
(Sharecast News) - JTC said on Thursday first-half trading was in line with management expectations as the professional services group continued preparations for its £2.7bn takeover by Permira and transitioned to its new Genesis-era business plan.
Foxtons profits slump as weak London sales market weighs
(Sharecast News) - Property platform Foxtons reported a sharp fall in first-half profits on Thursday as weak activity in the London property market and disruption following the Renters' Rights Act offset resilient recurring revenues.
Helios Towers lifts FY guidance, shares spark
(Sharecast News) - Mobile tower company Helios Towers rallied on Thursday as it lifted its guidance for the year, citing robust customer demand, and posted a jump in first-half profit.
Pets at Home backs FY guidance as Q1 revenues grow
(Sharecast News) - Pets at Home backed its full-year guidance on Thursday as it posted a rise in first-quarter revenue, with growth across both businesses.
Chemring CEO to retire, Babcock's Newman named successor
(Sharecast News) - Specialist manufacturing and technology firm Chemring said on Thursday that chief executive Michael Ord has decided to retire, with Tom Newman set to succeed him following a board‑led search process.
Primary Health Properties earnings jump after Assura combination
(Sharecast News) - Primary Health Properties reported a 109% rise in first-half adjusted earnings to £98m following its combination with Assura on Thursday, with adjusted earnings per share up 9% to 3.8p.
Greencoat UK Wind reiterates dividend target amid stronger generation
(Sharecast News) - Greencoat UK Wind reported first-half net cash generation of £222m on Thursday, up from £163m a year earlier, as stronger wind generation and realised power prices lifted performance.
Revenue, profit rises in first half at Elementis
(Sharecast News) - Elementis reported first-half revenue of $318.2m on Thursday, up 9.4% on a reported basis and 4.7% organically at constant currencies, while adjusted operating profit rose 16.4% to $73.2m.
Vesuvius reports higher revenue, flat trading profit
(Sharecast News) - Vesuvius reported first-half revenue of £913.7m on an adjusted basis on Thursday, up 1.5% at constant currencies, while trading profit was broadly flat at £74.0m as operational problems in its Steel division offset pricing gains and cost savings.
Rentokil ditches North American margin target, shares tumble
(Sharecast News) - Rentokil Initial tumbled on Thursday after the pest control firm ditched its margin target for North America and said it had seen some weakness in residential lead flow in the region towards the end of the second quarter and into July.
Oral health drives first-half growth at Haleon
(Sharecast News) - Haleon reported first-half revenue of £5.60bn on Thursday, up 2.2% on a reported basis and 2.6% organically, with second-quarter organic growth improving to 3.1% as North America strengthened.
British American Tobacco revenue inches higher, reported profit falls
(Sharecast News) - British American Tobacco reported first-half revenue of £12.24bn on Thursday, up 1.4% on a reported basis and 2.9% at constant currencies, as growth in the US and new categories offset weaker performance in Asia-Pacific, Middle East and Africa.
Schroders profits jump in first half
(Sharecast News) - Schroders reported a 46% rise in first-half adjusted operating profit to £459.8m on Thursday, as higher assets under management and cost savings improved operating leverage.
Drax profits fall on weak UK power prices
(Sharecast News) - Energy supplier Drax reported a 39% fall in first‑half profit, reflecting weaker UK power prices and lower generation margins. The group said market conditions remained challenging through the period, with reduced volatility and lower captured prices weighing on earnings.
Informa lifts FY guidance as H1 growth strengthens
(Sharecast News) - Publishing and exhibitions group Informa posted a solid first‑half performance on Thursday, delivering broad‑based underlying growth and reaffirming its full‑year guidance, with strong momentum across business-to-business live events and academic markets.
Oakley Capital reports NAV of 782p
(Sharecast News) - Oakley Capital Investments said net asset value per share was 782p, with total NAV of £1.289bn at June 30. Total NAV return per share was 6.0%, or 6.5% excluding foreign‑exchange effects.
Hammerson lifts guidance, raises £190m to fund Manchester Arndale deal
(Sharecast News) - Retail property investor Hammerson raised its full-year earnings guidance on Thursday after reporting strong first-half rental and underlying earnings growth, as the property group unveiled plans to raise around £190m to help fund the acquisition of a 50% stake in Manchester Arndale.
Earnings rise as Endeavour Mining reports record free cash flow
(Sharecast News) - Endeavour Mining reported a 38% rise in first-half adjusted EBITDA to $1.61bn and record free cash flow of $761m on Thursday, as higher gold prices more than offset lower production and increased costs.
Berenberg upgrades Rio Tinto to 'buy'
(Sharecast News) - Analysts at Berenberg lifted their stance on Rio Tinto to 'buy' from 'hold' on Thursday and raised their target price on the stock to 8,600p from 8,100p, arguing that investors have a tactical opportunity to rotate out of BHP after its strong year‑to‑date run.
LSEG lifts FY guidance after record first half
(Sharecast News) - London Stock Exchange Group lifted its full-year guidance on Thursday as it hailed a record first-half performance and an "exceptional" performance from the markets businesses.
Rolls-Royce delivers another 'strong' H1 performance, raises FY guidance
(Sharecast News) - Aerospace firm Rolls‑Royce delivered another strong first half performance on Thursday, leading it to raise full‑year guidance, with the group saying its transformation programme continued to drive a sharp improvement in both its operational and financial performance.
Mondi shares surge on better-than-expected results
(Sharecast News) - Mondi shares surged around 10% on Thursday after the packaging group posted a better‑than‑expected first‑half performance and signalled improving trading conditions heading into the second half.
Segro profits rise as investors await firm Prologis offer
(Sharecast News) - Takeover target Segro on Thursday reported a solid first-half performance, with underlying rent growth driving a 6% increase in adjusted profits, supported by "positive momentum" in occupier markets.
BAE Systems upgrades full-year guidance as H1 profit rises
(Sharecast News) - BAE Systems upgraded its full-year guidance on Thursday as it reported a jump in first-half profit as governments ramped up defence investments.
Anglo American narrows losses as restructure continues
(Sharecast News) - Anglo American on Thursday reported narrower losses as it continued with its restructure and planned merger with Teck Resources.
Shell tops forecasts as higher prices drive strong Q2 profit growth
(Sharecast News) - Energy major Shell has launched a $3bn share buyback after more than doubling profits in the second quarter as oil prices soared and upstream production hit record levels in Brazil.
Lords Group Trading shares drop as gloomy outlook
(Sharecast News) - Shares in Lords Group Trading tanked on Thursday after the building materials and DIY products distributor lowered its full-year forecast after a tough first half, saying it sees no signs of any substantial market recovery in the near term.
Great Portland Estates fully lets office space at Carrington House
(Sharecast News) - Property development and investment firm Great Portland Estates said on Thursday that it had fully let office space at its Carrington House site in West London at record rents.
Lloyds Bank half-year profits jump 23%
(Sharecast News) - Lloyds Bank held annual guidance after a 23% jump in half-year profits driven by higher net interest income and announced a £1bn share buyback.
Deutsche Bank downgrades Diageo to 'hold' after outperformance
(Sharecast News) - Deutsche Bank downgraded drinks maker Diageo on Wednesday to 'hold' from 'buy' following its outperformance.
Thursday preview: BoE policy announcement, Lloyds results in focus
(Sharecast News) - On Thursday, investors will eye the latest policy announcement from the Bank of England, as well as half-year results from Lloyds Banking Group, Mondi, Rentokil, LSEG, BAE Systems, Rolls-Royce and Drax, and second-quarter numbers from Shell.
International Personal Finance reports lower H1 profit
(Sharecast News) - International Personal Finance reported lower first-half profit on Wednesday as investment in growth and higher impairment charges offset strong lending and customer growth.
First-half profit rises at Lancashire Holdings
(Sharecast News) - Lancashire Holdings reported a rise in first-half profit on Wednesday as a quieter loss environment and disciplined underwriting helped improve its combined ratio.
Shaftesbury Capital posts 8pc rise in underlying earnings
(Sharecast News) - Shaftesbury Capital reported an 8% rise in underlying earnings to £44.0m for the first half on Wednesday, or 2.4p per share, as strong leasing activity and rental growth supported an increase in the value of its West End portfolio.
Berenberg cuts AB Dynamics target price amid tougher sector backdrop
(Sharecast News) - Analysts at Berenberg lowered their target price for AB Dynamics to 1,700p on Wednesday, down from 2,060p, citing a more challenging automotive industry environment and lengthening procurement cycles that have delayed FY26 revenues.
Aston Martin posts widening of losses but upbeat on outlook
(Sharecast News) - Aston Martin Lagonda reported a widening of its first-half losses on Wednesday but said its performance had improved "materially" and struck an upbeat tone on the outlook.
Paragon Banking maintains guidance as trading momentum holds steady
(Sharecast News) - Buy-to-let mortgages provider Paragon Banking said on Wednesday that it had delivered another period of strong trading, with volumes, margins, costs and capital all tracking expectations, and its full‑year guidance reaffirmed across all key metrics.
PayPoint trading in line with expectations as revenue falls
(Sharecast News) - PayPoint reported first-quarter group net revenue of £39.5m on Wednesday, down 6.4% year-on-year, as declines in Network Services, Merchant Services and Love2shop offset growth in Digital Payments and Open Banking.
New charging structure hits St James's Place profits
(Sharecast News) - St James's Place reported adjusted IFRS pre-tax profit of £278.4m for the first half on Wednesday, down from £307.0m a year earlier, as the impact of its new charging structure offset strong growth in funds under management.
Sage reiterates full-year outlook as revenue grows
(Sharecast News) - Sage reported total revenue of £2.06bn for the first nine months of its financial year on Wednesday, up 11% year-on-year, as growth accelerated in the third quarter and demand remained strong from both new and existing customers.
Revenue, orders rise in first half at Weir Group
(Sharecast News) - Weir Group reported first-half revenue of £1.27bn on Wednesday, up 5% at constant currency, while orders rose 8% to £1.43bn as demand remained strong across copper, gold, iron ore and oil sands markets.
Rathbones says FCA probe remains 'priority' as H1 outflows near £1bn
(Sharecast News) - Investment and wealth manager Rathbones reported an increase in first-half profits after funds under management and administration rose by over a tenth year-on-year, though net ouflows reached nearly £1bn.
Glencore posts mixed H1 output, maintains FY production guidance
(Sharecast News) - Commodity trading and mining giant Glencore posted mixed first‑half production numbers on Wednesday, with stronger copper output offset by declines across several other commodities, while the miner reiterated its full‑year guidance ranges for all major products.
Breedon revenues rise as US, Ireland offset weak Great Britain
(Sharecast News) - Construction materials company Breedon Group posted a solid first-half performance, with revenue rising 5% to £857.9m as strong trading in Ireland and the US offset continued weakness in Great Britain.
Frasers Group lifts Burberry stake to 4.2%, shares spark
(Sharecast News) - Burberry shares sparked again on Wednesday after Mike Ashley's Frasers Group lifted its stake in the luxury fashion brand to 4.2%.
Aberdeen shares slide despite first-half profit growth
(Sharecast News) - Aberdeen reported a 21% rise in adjusted operating profit to £151m for the first half on Wednesday, as revenue growth and lower costs helped offset continued net outflows.
Metlen signs gallium supply agreement with unnamed US tech firm
(Sharecast News) - Greek aluminium producer Metlen Energy & Metals on Wednesday said it had signed a long‑term supply gallium agreement with an unnamed US technology company.
Standard Chartered launches $1bn buyback, lifts FY income target
(Sharecast News) - Standard Chartered announced the launch of a $1bn share buyback on Wednesday and lifted its full-year income target at it posted better-than-expected first-half profit.
Reckitt posts robust Q2 performance, maintains FY targets
(Sharecast News) - Consumer goods giant Reckitt delivered a "strong" second quarter with broad‑based acceleration, prompting the group to reiterate its full‑year outlook as momentum improved across regions, categories and its Mead Johnson Nutrition arm.
FirstGroup sees lower profit, higher cash flow after £48m Mistral Data disposal
(Sharecast News) - FirstGroup said adjusted operating profit for 2027 would fall by £4m after agreeing to sell its Mistral Data unit to Tracsis for £48m but added the disposal would strengthen the group's medium‑term cash generation outlook.
Greggs H1 profits rise despite subdued consumer confidence
(Sharecast News) - Bakery chain Greggs reported a rise in first-half profit and sales on Wednesday despite "subdued consumer confidence and increased uncertainty", as it pointed to growth in the grocery business and strong cost control.
Rio Tinto half-year profits jump on higher commodity prices, demand
(Sharecast News) - Mining giant Rio Tinto on Wednesday reported a jump in first‑half profit driven by higher metals prices and demand.
Plus500 inks strategic partnership with Wealthsimple
(Sharecast News) - Fintech firm Plus500 has struck a strategic partnership with Canada's Wealthsimple, further strengthening its position as a leading business-to-business infrastructure provider in the fast‑growing futures market.
Revenue up, earnings down at Entain's BetMGM venture
(Sharecast News) - Entain and MGM Resorts' BetMGM reported second-quarter net revenue of $711m on Tuesday, up 3% year-on-year, as an 8% increase in iGaming revenue to $483m offset flat online sports revenue of $228m.
RBC Capital upgrades PensionBee to 'outperform'
(Sharecast News) - RBC Capital Markets upgraded PensionBee on Tuesday to 'outperform' from 'sector perform' as it said it sees a more exciting near-term investment case, having taken a cautious stance on the stock at initiation.
Wednesday preview: FOMC announcement, Reckitt results eyed
(Sharecast News) - The latest policy announcement from the Federal Reserve will be among the highlights on Wednesday, along with results from consumer goods giant Reckitt Benckiser and US tech firm Microsoft.
Ocado said to have abandoned pursuit of £190m payment from M&S
(Sharecast News) - Ocado has reportedly quietly abandoned its pursuit of a £190m payment from Marks & Spencer following a dispute related to their online grocery joint venture.
Admiral shares spark as Citi upgrades to 'buy', opens 'positive catalyst watch'
(Sharecast News) - Citi upgraded Admiral on Tuesday to 'buy' from 'neutral', hiked the price target to 4,243p from 3,277p and opened a 'positive catalyst watch' on the shares.
Frasers' €2bn tilt at Hugo Boss goes unconditional
(Sharecast News) - Frasers Group's €2bn takeover tilt for Hugo Boss has been given the green light by Brussels, the British retailer confirmed on Tuesday, making the offer unconditional.
Essentra posts improvement in revenue, earnings
(Sharecast News) - Essentra reported a 9% increase in first-half revenue to £166.1m on Tuesday, with like-for-like growth of 7.8%, while adjusted operating profit rose 9.7% to £18.1m and the adjusted operating margin edged up to 10.9% from 10.8%.
Bodycote reports solid growth in first half
(Sharecast News) - Bodycote reported a 3.3% increase in first-half revenue to £381.2m on Tuesday, with organic growth of 6.5%, while adjusted operating profit rose 10.7% to £61.0m and the adjusted operating margin improved 110 basis points to 16.0%.
Unite Group reaffirms outlook despite softer interim earnings
(Sharecast News) - Shares in Unite Group came under pressure on Tuesday, after the student housing specialist posted a slide in first-half earnings.
Ofcom proposes blocking new Openreach discount scheme
(Sharecast News) - Ofcom proposed blocking a new Openreach discount scheme on Tuesday, over concerns it could harm competition in the UK broadband market, in what would be the regulator's first intervention to stop one of the BT subsidiary's commercial offers.
Man Group posts record H1 AUM, net inflows ahead of industry
(Sharecast News) - Man Group reported record assets under management on Tuesday, with net inflows ahead of the industry.
Ferrexpo warns on liquidity after fatal Black Sea vessel strike
(Sharecast News) - Commodity trading and mining company Ferrexpo warned on Tuesday that recent logistics disruption and a fatal vessel incident in the Black Sea have had a material impact on its liquidity, with the group now expecting to have sufficient accessible cash only until the end of August.
Inchcape reaffirms outlook, ups share buyback programme
(Sharecast News) - Inchcape reaffirmed full-year guidance and increased its share buyback programme on Tuesday, fuelled by a strong first half.
SSP Q3 sales improve despite Middle East drag
(Sharecast News) - Food and beverage operator SSP said on Tuesday that trading had strengthened across most regions in the third quarter, although performance in parts of Asia and the Middle East remained under pressure from weaker passenger numbers linked to the conflict in the region.
Games Workshop hails record full year as core business performs well
(Sharecast News) - Miniatures wargames manufacturer Games Workshop reported record full-year revenue and pre-tax profit on Tuesday, citing a "good" performance from the core business.
GSK launches £2bn cost savings drive, confirms new Cambridge hub
(Sharecast News) - GSK unveiled sweeping cost-saving plans on Tuesday as part of moves to ramp up research and development, including a £400m investment in the UK.
Berenberg trims target price on Wheaton Precious Metals
(Sharecast News) - Analysts at Berenberg reiterated their 'buy' rating on Wheaton Precious Metals on Tuesday, trimming their target price from 11,900p to 11,700p but stressing that the streaming group remains in a league of its own compared with peers.
Coats holds guidance as interim profits jump, shares spark
(Sharecast News) - Coats Group shares jumped on Tuesday after the industrial thread and shoe component maker said full‑year expectations remain unchanged and reported a rise in half-year profit, with the company expecting good year‑on‑year earnings growth despite continued softness in apparel and footwear markets.
Barclays shares fall despite profits beat
(Sharecast News) - Shares in Barclays fell 5% on Tuesday despite the UK bank delivering a better than expected 17% jump in half-year profits driven by higher income in its global markets division and investment banking fees.
Croda interim profits grow on rising innovation demand
(Sharecast News) - Chemicals firm Croda posted a sharp increase in interim profits on Tuesday, with growth driven by stronger innovation demand and a solid performance across key consumer‑facing divisions.
Unilever boosts outlook on robust first half
(Sharecast News) - Consumer goods giant Unilever boosted its full-year outlook on Tuesday, following a bumper end to the first-half.
Porsche to cut further 5,000 jobs under 2035 restructuring plan
(Sharecast News) - Luxury carmaker Porsche AG is planning to cut a further 5,000 jobs by 2035 as part of a wide-ranging package designed to lower personnel costs, raise productivity and support the strategic realignment of the sports-car manufacturer.
HSBC unveils hiring plans for new Singapore AI hub
(Sharecast News) - HSBC announced on Monday that it will hire more than 100 artificial intelligence specialists as part of plans to expand the adoption of AI across its global operations.
Everyman hails positive H1 but cautious on outlook
(Sharecast News) - Everyman Media reported a rise in first-half revenue and profit on Monday but struck a cautious tone on the outlook as it pointed to the "challenging economic environment".
Canaccord Genuity starts Beauty Tech Group at 'buy'
(Sharecast News) - Canaccord Genuity initiated coverage of Beauty Tech Group with a 'buy' rating and 545p target price on Monday, highlighting what it called one of the strongest pure‑play beauty‑technology platforms globally.
Pinewood minded to recommend £545m Ridgeview offer, shares surge
(Sharecast News) - Shares of Pinewood Technologies surged on Monday after the software company said it was minded to recommend a £545m takeover proposal from technology investor Ridgeview Partners.
AstraZeneca reports first-half growth, disappointment in Ultomiris trial
(Sharecast News) - AstraZeneca reported first-half total revenue of $30.7bn on Monday, up 9%, while core earnings per share increased 12% to $5.21 as double-digit growth in its Oncology and Rare Disease businesses offset headwinds from Farxiga's US loss of exclusivity and China's volume-based procurement programme.
Berenberg upgrades Hochschild Mining to 'buy'
(Sharecast News) - Analysts at Berenberg lifted Hochschild Mining from 'hold' to 'buy' on Monday, pointing to what it called a compelling medium‑term growth profile, a strengthened balance sheet and an undemanding valuation offering around 28%.
Cranswick reveunes grow amid 'positive start' to year
(Sharecast News) - Food producer Cranswick said on Monday that it had made "a positive start to the current financial year, with both reported and like-for-like revenues improving in the 13 weeks ended 27 June.
Railpen abandons pursuit of IP Group
(Sharecast News) - Railpen said on Monday that it does not plan on making an offer for IP Group.
Vesuvius cuts full-year outlook, shares slide
(Sharecast News) - Vesuvius tumbled on Monday after the molten metal flow engineer downgraded its outlook for the year.
Tritax secures planning approval for Manor Farm data centre
(Sharecast News) - Tritax Big Box Reit has secured planning consent for its first data centre development, the blue chip confirmed on Monday, following the conclusion of a six-week judicial review.
DCC Energy accepts £5.75bn takeover bid from ECP and KKR
(Sharecast News) - Energy sales and distribution firm DCC Energy said on Monday that Energy Capital Partners and KKR had agreed to acquire it in a cash deal worth up to £5.75bn.
Tuesday preview: Barclays, Unilever results in focus
(Sharecast News) - Tuesday will bring full-year results from Games Workshop, half-year results from Barclays, Unilever and Unite Group and second-quarter numbers from GSK.
Vodafone sees earnings at top end after strong Q1
(Sharecast News) - Telecoms operator Vodafone said it expected full-year earnings to be at the upper end of guidance after a strong first quarter performance including a contribution from Safaricom.
Peel Hunt keeps Wise at 'hold'
(Sharecast News) - Peel Hunt reiterated its 900p price target and 'hold' rating on Wise after the US Office of the Comptroller of the Currency rejected the fintech giant's application for a national trust bank charter, saying the decision reflected historical compliance issues rather than the group's current operating position.
Nexteq flags fall in first-half revenue
(Sharecast News) - Nexteq said on Friday that first-half revenue was expected to fall to about $26.7m from $40.7m, in line with revised expectations, as weakness in its Quixant land-based gaming division offset stable trading at Densitron.
Berenberg lowers target price on Anglo American
(Sharecast News) - Analysts at Berenberg trimmed their target price on Anglo American from 5,200p to 5,100p on Friday, citing updated modelling after the miner's second‑quarter production report and adjustments linked to Peruvian royalty changes at Quellaveco.
Victrex CFO Ian Melling to step down
(Sharecast News) - Victrex said on Friday that chief financial officer Ian Melling will step down at the end of the month.
Wise to reapply for US trust-bank charter after OCC rejection
(Sharecast News) - Fintech group Wise said on Friday that the US Office of the Comptroller of the Currency had denied its application for a national trust bank charter, noting the decision relates to issues in its original submission more than a year ago.
Discoverie experiences 'continued strong momentum' in Q1
(Sharecast News) - Electronics manufacturer Discoverie said on Friday that it had seen "continued strong momentum in orders and sales" during the first quarter of its trading year, following on from trading momentum experienced in the fourth quarter of last year.
Renishaw to beat own guidance after record fourth quarter
(Sharecast News) - Shares in Renishaw surged on Friday after the measurement and manufacturing systems company reported a strong end to the year, with annual profits expected to rise 31%.
HSBC sells Singapore life and health insurance unit to Allianz for $2.1bn
(Sharecast News) - HSBC on Friday said it had agreed to sell its Singapore life and health insurance business to Allianz for $2.1bn in cash.
Reckitt to divest Russian Hygiene business
(Sharecast News) - Consumer goods giant Reckitt Benckiser said on Friday that it had agreed to divest its Russian Hygiene business to Arnest Management for an undisclosed sum.
Antofagasta guidance unchanged despite Los Pelambres shutdown
(Sharecast News) - Operations have resumed at Antofagasta's Los Pelambres copper mine in Chile following a temporary stoppage due to heavy rainfall, the mining group announced on Friday.
Canaccord Genuity keeps Mercia Asset Management at 'buy'
(Sharecast News) - Mercia Asset Management has secured a new three‑year debt facility with Metro Bank worth up to £38m, a move Canaccord Genuity said gives the group greater flexibility to pursue inorganic growth.
Berenberg raises target price on Standard Life
(Sharecast News) - Berenberg lifted its price target on insurer Standard Life to 1,072p from 975p, saying the upcoming Aegon UK acquisition would materially strengthen the group's scale and market position.
EU fines Google €890m for breaching online competition laws
(Sharecast News) - The European Commission has fined Google a total of €890m after finding that its search engine and app store services had breached online competition laws.
Friday preview: UK retail sales, American Express results due
(Sharecast News) - There are no FTSE 350 corporate releases scheduled on Friday, but American Express will publish second-quarter earnings across the pond.
AstraZeneca breast cancer drug receives EU approval
(Sharecast News) - A breast cancer drug developed by AstraZeneca has been approved in the European Union for the treatment of certain types of the disease, the pharmaceutical giant announced on Thursday.
The Works profits underpinned by growing demand for screen-free activities
(Sharecast News) - Retailer The Works reported a rise in full-year profit and revenue on Thursday, underpinned by growing demand from families for "affordable screen-free activities".
Volution flags higher-than-expected full-year earnings
(Sharecast News) - Volution said on Thursday that adjusted earnings per share for the year ending 31 July was expected to reach around 38.0p, 4% ahead of market consensus and 15% higher than the prior year, driven by margin expansion, resilient organic growth and acquisitions.
AJ Bell reports record Q3 platform net inflows
(Sharecast News) - AJ Bell reported record third-quarter platform net inflows of £3.0bn on Thursday, up 43% year on year, as gross inflows increased 50% to £6.0bn.
Motorpoint reports improved volumes, profits in Q1
(Sharecast News) - Shares in Motorpoint rose on Thursday after the vehicle retailer reported growth in volumes and profits over the first quarter.
Howdens sales, profits and margins improve in first half
(Sharecast News) - Howdens reported first-half sales of £1.03bn on Thursday, up 3.3%, while underlying operating profit increased 5.5% to £128.1m and underlying pre-tax profit rose 4.3% to £122.2m.
Jupiter hails 'strong' H1, positive net inflows despite 'more challenging' backdrop
(Sharecast News) - Jupiter Fund Management hailed a strong first half on Thursday as it posted a rise in profit and assets under management, and positive net flows despite a "more challenging" geopolitical backdrop.
Anglo American keeps production guidance, cuts expected copper unit costs
(Sharecast News) - Anglo American said on Thursday that second-quarter copper production was broadly unchanged at 173,200 tonnes, with higher output from Los Bronces offset by lower grades at Collahuasi and Quellaveco.
Relx reports rise in first-half revenue, operating profit
(Sharecast News) - Relx reported first-half revenue of £4.87bn on Thursday, up 7% on an underlying basis, while adjusted operating profit increased 9% to £1.73bn and the adjusted operating margin rose to 35.5% from 34.8%.
Airtel Africa posts Q1 revenue growth, shares slip
(Sharecast News) - Airtel Africa shares were in the red on Thursday morning, even after it reported a 31% increase in first-quarter revenue to $1.85bn as constant currency growth of 21.1% was complemented by currency appreciation across its markets.
Mitchells & Butlers flags resilient YTD sales despite Easter and heatwave drag
(Sharecast News) - Pub chain Mitchells & Butlers said on Thursday that third‑quarter trading was held back by tough weather conditions and strong comparatives, but stated year‑to‑date like‑for‑like sales growth of 2.2% remained solid.
Action continues to drive performance at 3i Group
(Sharecast News) - 3i Group reported a 3% total return for the three months ended 30 June on Thursday, with net asset value per share increasing to 3,131p from 3,030p despite a £276m negative foreign exchange impact.
Great Portland Estates completes new leases at W1 location
(Sharecast News) - Property development and investment firm Great Portland Estates said on Thursday that it has completed four new leases at 16 Dufour's Place, one of its prime West End fully managed buildings, located in the heart of Soho.
Morgan Sindall hails record H1, lifts medium-term targets for two units
(Sharecast News) - Morgan Sindall backed its full-year expectations on Thursday as it posted record half-year results and lifted medium-targets for two of its divisions.
EasyJet Q3 profits slide as Iran war pushes up fuel costs
(Sharecast News) - EasyJet reported a drop in third-quarter profit on Thursday as it took a hit from high fuel prices and a reduction in consumer demand following the onset of the Middle East conflict.
BT makes 'solid start' to FY27, adjusted revenues broadly flat in Q1
(Sharecast News) - Telecommunications giant BT Group said on Thursday that it had made "a solid start to the year", posting adjusted revenues of £4.3b2n in its first trading quarter, broadly flat year‑on‑year, and adjusted underlying earnings of £2.02bn, down 1% year-on-year as lower broadband and voice margins offset "strong cost transformation".
Centrica to axe 1,300 jobs, interim earnings slide
(Sharecast News) - Centrica is axing more than 1,000 jobs, the owner of British Gas confirmed on Thursday, as it posted a slide in first-half earnings.
Segro minded to recommend final offer from Prologis, PUSU deadline extended
(Sharecast News) - Segro announced on Wednesday that it has requested and been granted an extension to the 'put up or shut up' deadline for Prologis to make a firm offer or walk away, as it said it would be minded to recommend the US logistics giant's final approach.
Aston Martin strengthens financial position with new £550m debt financing
(Sharecast News) - Aston Margin Lagonda announced a new £550m debt financing on Wednesday with HPS Investment Partners, strengthening its financial position and allowing it to execute on its long-term growth ambition.
EasyJet bids under threat as EU to review airline ownership rules
(Sharecast News) - EasyJet tanked on Wednesday following a report the European Union is preparing a review of airline ownership rules to prevent foreign investors from gaining effective control of carriers - a move that could threaten US bids for the budget airline.
Prologis makes last-ditch £14bn bid for Segro as deadline looms
(Sharecast News) - Shares in Segro surged on Wednesday, after persistent suitor Prologis made a last-gasp "best and final" offer of £14bn for the British landlord.
Berenberg raises target price on Segro
(Sharecast News) - Berenberg lifted its price target on Segro from 915p to 995p, saying this represented fair value at a 10% premium to adjusted net asset value, after modelling a substantial future value‑creation runway across the group's development pipeline.
Thursday preview: Intel results, ECB policy announcement due
(Sharecast News) - Thursday will bring half-year results from Morgan Sindall and Jupiter Fund Management, among others, and the latest policy announcement from the European Central Bank.
Hochschild reaffirms production outlook on 'solid' Q2
(Sharecast News) - Hochschild Mining reaffirmed full-year production guidance on Wednesday following a "solid" quarterly performance.
Fresnillo reaffirms production outlook, shares spark
(Sharecast News) - Shares in Fresnillo sparkled on Wednesday, after the blue chip miner shrugged off a dip in production to reaffirm full-year targets.
HgCapital Trust to invest £7m in Street Group
(Sharecast News) - HgCapital Trust said on Wednesday that it would invest approximately £7m in Street Group as part of a strategic growth investment valuing the Manchester-based property software company at more than £200m.
Dialight sees FY profit ahead of its expectations
(Sharecast News) - Dialight said on Wednesday that full-year profit was set to be ahead of its previous expectations following strong sales growth in the first quarter of the new financial year.
Revenue slides as advertising declines hit Reach
(Sharecast News) - Reach reported a 9% fall in first-half revenue to £232.9m on Wednesday as declines in print and digital advertising were partly offset by disciplined cost control, with adjusted operating profit slipping 4.1% to £43.0m.
Greencore lifts FY26 profit guidance as Q3 revenues rise 3.2pc
(Sharecast News) - Convenience foods manufacturer Greencore said on Wednesday that third‑quarter pro forma revenues were up 3.2% at £1.02bn, prompting it to raise its FY26 adjusted operating profit guidance to above market expectations at £234m to £242m.
RBC Capital Markets hikes target price on Howden Joinery
(Sharecast News) - Analysts at RBC Capital Markets updated their model on Howden Joinery to include the firm's recently completed acquisition of DIY Kitchens, aligning its estimates ahead of H1 results on 23 July.
Mulberry turnaround plans pay off as Q1 sales rise 23%, shares spark
(Sharecast News) - Luxury handbag maker Mulberry reported a strong start to its new financial year on Wednesday, posting a 23% jump in revenue for the first 13 weeks as momentum in its turnaround strategy continued to build.
Energean expands FPSO capacity as testing ramps up
(Sharecast News) - Exploration and production firm Energean said on Wednesday that commissioning of a second oil train on the Energean Power FPSO was completed on 13 July, lifting total liquids processing capacity from 18,000 barrels per day to 31,000 bbl/d and increasing its share of revenues linked to Brent pricing.
Herald Investment Trust performance held back after Saba tender deal
(Sharecast News) - Herald Investment Trust said on Wednesday that its net asset value per share rose 28.1% in the first half to 3,459.4p, while the share price increased 27.7% to 3,070p.
Wetherspoons warns on profits as higher costs bite, shares dive
(Sharecast News) - Pub chain JD Wetherspoon on Wednesday warned annual profits were likely to miss market expectations, with marginally lower sales than anticipated in the final quarter on the back of higher costs and taxes.
Ocado to build large CFC for 'fast-growing' European national retailer
(Sharecast News) - Ocado said on Tuesday that it has agreed to build a large customer fulfilment centre for a fast-growing European national retailer.
Wednesday preview: Tesla results, Wetherspoons update in focus
(Sharecast News) - On Wednesday, investors will eye the release of interim results from Reach and a fourth-quarter trading update from pub group JD Wetherspoon.
Metro Bank exploring £2bn merger with Aldermore - report
(Sharecast News) - Metro Bank is reportedly exploring a £2bn merger with Aldermore, which is up for sale after becoming embroiled in the motor finance mis-selling scandal.
Rosebank Industries lifts full-year outlook, shares jump
(Sharecast News) - Rosebank Industries surged on Tuesday as it lifted its full-year guidance following a better-than-expected performance in MW Components.
Canaccord Genuity upgrades Volex to 'buy'
(Sharecast News) - Analysts at Canaccord Genuity upgraded Volex to 'buy' from 'hold' on Tuesday, saying the shares now offered around 18% upside to its new 600p target price after pulling back from June highs.
Marston's cheers bumper World Cup trading
(Sharecast News) - Pub operator Marston's reiterated full-year guidance on Tuesday, despite a dip in underlying sales, following a bumper World Cup.
Fuller's sales lifted by good weather, World Cup
(Sharecast News) - Pub group Fuller, Smith & Turner reported solid sales growth on Tuesday as it benefited from good weather and the World Cup.
Galliford Try wins places on £9.5bn CPC construction framework
(Sharecast News) - Construction group Galliford Try said on Tuesday that it has been appointed to the new £9.5bn Crescent Purchasing Consortium Construction and Capital Works framework, securing places on all five regional lots covering England, Wales and Scotland.
Thames Water lenders pitch new governance plan as nationalisation threat looms
(Sharecast News) - Thames Water's lenders have offered to give the government a so-called "golden share" in the utility as part of a revised £10bn rescue package aimed at avoiding nationalisation by new prime minister Andy Burnham.
LSEG announces plans for 24-hour weekday trading venue
(Sharecast News) - London Stock Exchange Group announced plans to launch LSE 24 on Tuesday, a separate venue offering near-continuous weekday trading to support digital, algorithmic and agent-based activity.
Smiths strikes £760m pension buy-in with M&G
(Sharecast News) - Smiths Group said on Tuesday that its Smiths Industries Pension Scheme completed a £760m buy-in with M&G, securing the benefits of more than 10,000 members and leaving all of the scheme's roughly 17,000 members fully insured.
Mike Ashley's Frasers ramps up stake in Hugo Boss
(Sharecast News) - Frasers Group has boosted its stake in takeover target Hugo Boss to more than 30%, the acquisitive British retailer confirmed on Tuesday.
Mony reports improved revenue and earnings, shares slide
(Sharecast News) - Mony Group reported first-half revenue of £227.1m on Tuesday, up 6% on a like-for-like basis and 1% on a reported basis, while adjusted EBITDA rose 3% like-for-like to £75.5m.
Kier sees FY results at top end of expectations
(Sharecast News) - Construction and infrastructure firm Kier Group said on Tuesday that full-year profit and revenue were set to be at the top end of market expectations as strong trading momentum in the first half continued through the second half of the year.
Wickes upbeat on FY26 guidance after Q2 LFL growth
(Sharecast News) - Home improvement retailer Wickes reported like-for-like growth in both its retail and its design and installation units in second quarter, leaving the firm comfortable with 2026 adjusted pre-tax profit forecasts.
Prologis ramps up pressure on Segro as deadline looms
(Sharecast News) - Prologis made a fresh tilt at takeover target Segro on Tuesday, as it appealed to shareholders ahead of a key deadline.
Compass posts solid Q2 as new business wins climb 16pc
(Sharecast News) - Food services firm Compass said on Tuesday that it had delivered "another strong quarter", posting 7.1% organic revenue growth as net new business accelerated into its 4-5% target range, which it expects to hit for a fifth straight year.
Mitie to be taken over by rival OCS Group in £3.1bn deal
(Sharecast News) - Outsourcing and energy services firm Mitie said on Tuesday that it has agreed to be bought by rival OCS Group in a £3.1bn deal.
JPMorgan lifts M&S price target, reiterates 'overweight'
(Sharecast News) - JPMorgan lifted its price target on Marks & Spencer on Tuesday to 450p from 440p as it reiterated its 'overweight' rating, arguing that the turnaround is gaining traction.
IP Group rejects sweetened takeover approach from Railpen
(Sharecast News) - IP Group said on Monday that it has rejected a sweetened takeover approach from its largest shareholder, Railpen, as it continues to "significantly undervalue" the company.
Profit warnings from UK housebuilders hit 2008 financial crisis levels - EY
(Sharecast News) - UK housebuilders posted as many profit warnings in the first half of 2026 as they did during the global financial crisis of 2008, according to the latest 'Profit Warnings' report from EY-Parthenon released on Monday.
RBC Capital upgrades Atalaya Mining to 'outperform'
(Sharecast News) - RBC Capital Markets upgraded Atalaya Mining Copper on Monday to 'outperform' from 'sector perform' and lifted the price target to 1,100p from 1,000p following a "strong" second-quarter update and what it views as a "material political" shift in favour of Touro permit approval.
Concurrent Technologies appoints new finance chief from DS Smith
(Sharecast News) - Concurrent Technologies announced the appointment of Emma Ciechan as its chief financial officer and executive director on Monday, effective from 5 October, succeeding Kim Garrod, who announced her retirement in April.
Ryanair Q1 profit falls, misses expectations
(Sharecast News) - Ryanair posted a 34% drop in first-quarter profit after tax on Monday, missing analysts' expectations, as fuel prices jumped and fares fell due to the conflict in the Middle East and the timing of Easter.
Segro rejects latest £13.5bn tilt by Prologis
(Sharecast News) - Britain's Segro has rejected a sweetened £13.5bn approach from US logistics giant Prologis, it confirmed on Monday, calling the latest approach was "opportunistic".
Berenberg upgrades Computacenter to 'buy'
(Sharecast News) - Analysts at Berenberg lifted their target price for Computacenter from 3,450p to 5,300p and upgraded the stock to 'buy' on Monday, arguing that the group was now well positioned to beat current profit expectations after a stronger‑than‑expected first half.
Big Yellow Q1 revenues rise on 'efficiencies'
(Sharecast News) - Storage specialist Big Yellow reported a rise in first quarter sales as cost cutting offset a slight fall in occupancy.
GSK secures EMA review for single‑dose Bexsero booster
(Sharecast News) - Drugmaker GSK said on Monday that the European Medicines Agency had accepted its submission to update the label for its Bexsero asset, allowing for a single‑dose booster in people aged 10 and over who were previously vaccinated in childhood.
Tuesday preview: Mony Group results, UK jobs data in focus
(Sharecast News) - Tuesday will bring the release of interim results from Mony Group and trading updates from caterer Compass and construction group Kier.
GCP Infrastructure completes £11m sale of two wind farms
(Sharecast News) - GCP Infrastructure Investments has completed the sale of two onshore wind projects, the FTSE 250 firm announced on Monday.
Aston Martin says it's in ongoing talks with potential financing providers
(Sharecast News) - Aston Martin Lagonda said on Friday that it regularly considers its capital structure and strategic options "including ongoing discussions with potential financing providers" following a report it is in talks to raise new funding.
ConocoPhillips to buy 42% stake in BP Iraq oil fields
(Sharecast News) - BP said on Friday that it has agreed terms for ConocoPhillips to buy a 42% interest in BP Energy Company of Kirkuk (BP ECKL).
GSK shares fall as cough drug development axed
(Sharecast News) - Shares in GSK fell sharply on Friday after the pharma titan announced it was stopping the development of a refractory chronic cough drug after unsuccessful results late-stage clinical trial.
Deutsche Bank downgrades Rotork after ABB takeover
(Sharecast News) - Deutsche Bank downgraded Rotork on Friday to 'hold' from 'buy' and lifted the price target to 503p from 400p after it agreed to be bought by Swiss engineering firm ABB in a £4.1bn deal.
Wise Q1 revenues rise as customer numbers grow
(Sharecast News) - Wise reported an increase in first-quarter revenue on Friday as customer numbers at the money transfer firm rose.
Berenberg downgrades Rotork to 'hold' following ABB takeover bid
(Sharecast News) - Berenberg cut its rating on Rotork from 'buy' to 'hold' on Friday but hiked its price target from 420p to 503p, stating the ABB takeover terms had effectively capped further upside for the shares.
EQT lifts Kakaku offer to $4.2bn as investor's H1 profits rise
(Sharecast News) - Shares in EQT surged in Stockholm on Friday after the Swedish investment firm surpassed analysts' estimates with its first-half profits and raised its takeover offer for Japanese website operator Kakaku.com.
Bridgepoint reports record first-half results
(Sharecast News) - Bridgepoint reported record first-half results as strong fundraising and investment performance drove a 78% increase in underlying EBITDA to £227.3m, while fee-paying assets under management rose 32.7% to $58.4bn.
TA Associates sells 30m Eurowag shares in placing
(Sharecast News) - Peel Hunt said on Friday that TA Associates has sold 30 million shares in Eurowag in a placing.
NinetyOne Q1 AUM grows to £184bn
(Sharecast News) - Investment manager Ninety One said on Friday that assets under management had hit £184bn as of 30 June, up from £139.7bn a year earlier and £171.8bn at the end of the previous quarter on 31 March.
RBC Capital Markets lowers target price on Auto Trader
(Sharecast News) - Analysts at RBC Capital Markets cut their price target on Auto Trader from 830p to 535p on Friday, saying weaker prospects for average revenue per retailer (ARPR) in FY27 leave few catalysts for upside.
Burberry US sales offset hit to Middle East from Iran war
(Sharecast News) - Luxury brand Burberry on Friday reported a 5% rise in first-quarter sales driven by strong performances in the Americas and China which offset a decline in Europe and the Middle East due to the Iran war.
UnitedHealth lifts guidance as Q2 profits smash forecasts
(Sharecast News) - Shares in UnitedHealth Group advanced in New York on Thursday after the healthcare insurance and health services group lifted its full-year guidance following a strong second quarter.
RBC Capital Markets keeps Ashtead at 'outperform'
(Sharecast News) - RBC Capital Markets said first‑half trading at Ashtead Technology was solid, but slightly softer margins linked to ongoing Middle East and Asia disruptions prompted the broker to trim its estimates.
St James's Place tumbles as two more appointed representatives leave
(Sharecast News) - St James's Place tumbled on Thursday following a report that two more of its large appointed representatives have left the network.
Oxford Biomedica inks service deal with Plowshare Therapies
(Sharecast News) - Oxford Biomedica announced on Thursday that it has signed an agreement to provide process development and AAV GMP manufacturing services to Plowshare Therapies, supporting the biotechnology company's gene therapy programme for rare genetic diseases.
Berenberg lowers target price on Rio Tinto following Q2 update
(Sharecast News) - Analysts at Berenberg cut their price target on Rio Tinto from 8,200p to 8,100p on Thursday, saying higher‑than‑expected diesel costs in the Pilbara were likely to keep unit‑cost pressure elevated, while parts of the miner's Q2 production update pointed to downside risks in iron ore.
KKR sweetens takeover bid for DCC
(Sharecast News) - Irish energy group DCC confirmed on Thursday it had received a sweetened £5.81bn takeover offer from its American suitors.
Ofcom opens probe into child safety on TikTok
(Sharecast News) - UK communications regulator Ofcom has opened a formal investigation into TikTok over concerns the social media platform may have failed to comply with its legal duties to protect children from harmful content.
BHP reports record iron ore production, shares fall on strike threat
(Sharecast News) - BHP reported record annual iron ore production and delivered around 2 million tonnes of copper for the second consecutive year, although shares fell after reports of potential industrial action involving workers at Port Hedland.
Shares slump as Crest Nicholson warns on profits
(Sharecast News) - Shares in Crest Nicholson tumbled on Thursday after the homebuilder swung to an interim loss and trimmed full-year earnings guidance for the second time amid "challenging" market conditions.
SIG launches 'improvement plan' after cutting profit outlook
(Sharecast News) - Insulation, roofing and construction products supplier SIG said it now no longer expects a recovery in market conditions in the second half of 2026, as it lowered its profit outlook for the full year.
Foxtons warns FY profits will drop, shares slide
(Sharecast News) - Foxtons tumbled on Thursday after it warned full-year adjusted operating profit was set to fall, as the rentals segment was hit by the introduction of the Renters' Rights Act (RRA) and due to a prolonged downturn in the sales market.
RS Group flags solid start to new financial year
(Sharecast News) - RS Group said on Thursday that it has made a solid start to the new financial year, with positive market momentum continuing from the final quarter of 2026 and progress across all regions in line with expectations.
Trustpilot shares slide despite solid first-half trading
(Sharecast News) - Trustpilot shares were in the red on Thursday even after reported strong first-half trading, with bookings rising 22% year on year to $171m, or 18% at constant currency, driven by continued momentum in Enterprise customers and the US market.
Diploma further upgrades full-year guidance
(Sharecast News) - Diploma upgraded its full-year guidance for the second time on Thursday after reporting a strong third-quarter performance, with organic revenue growth reaching 15% in the nine months to 30 June.
Funding Circle surges after strong H1 showing
(Sharecast News) - Fintech firm Funding Circle was up double digits in early trade after posting a strong first‑half performance, with rapid revenue and profit growth and clear momentum across both its Term Loans and FlexiPay/Card businesses.
Q1 sales lifted by Sweet Treats at Premier Foods
(Sharecast News) - Mr Kipling and Bisto owner Premier Foods said on Thursday that it was on track to meet full-year trading profit expectations as it posted a jump in first-quarter sales and hailed further market share gains in both Grocery and Sweet Treats.
SSE on track to meet FY guidance as Q1 networks and renewables jump
(Sharecast News) - Energy firm SSE said on Thursday that it was on track to meet guidance as networks investment and renewables output surged in the first quarter, reiterating the financial outlook it had set out in May.
British Steel brought back under UK govt control
(Sharecast News) - British Steel was taken into public ownership on Thursday after the government confirmed it had stepped in to secure the future of the struggling Scunthorpe‑based producer.
Experian Q1 revenues grow on strong B2B momentum, organic revenue guidance disappoints
(Sharecast News) - Data and technology firm Experian posted 8% total revenue growth and 7% organic growth for the first quarter on Thursday, with strong B2B momentum across major markets offsetting softer trends in parts of consumer services, but disappointing organic revenue guidance came in below market expectations and weighed on the stock in early trade.
Dunelm sees FY profit in line as Q4 sales rise
(Sharecast News) - Dunelm said on Thursday that full-year profit was set to be in line with its guidance and consensus, as it reported a rise in fourth-quarter sales.
QinetiQ trades as expected in first quarter
(Sharecast News) - QinetiQ said on Thursday that first-quarter trading was in line with expectations, supported by a record opening order backlog and increased visibility following the UK Government's Defence Investment Plan.
Ocado sticks to cash flow forecasts; Shares slump
(Sharecast News) - UK online grocery and warehouse tech group Ocado on Thursday said it still expected to be cash-flow positive by the end of this financial year, although investors were unimpressed, marking the shares down 10% in early London trade.
Switzerland's ABB to buy Rotork in £4.1bn deal, shares rocket
(Sharecast News) - Rotork shares rocketed on Thursday after it agreed to be bought by Swiss engineering firm ABB in a £4.1bn deal.
Frasers withholds fiscal 2027 outlook due to Hugh Boss, Accent bids
(Sharecast News) - Sports Direct owner Frasers Group withheld guidance for the current financial year due to its bids for German fashion brand Hugo Boss and Australia's Accent group which mate it difficult to provide accurate forecasts.
DFS FY profits seen in line with recently upgraded guidance
(Sharecast News) - Furniture retailer DFS Furniture said on Thursday that full‑year profits would come in at around £45m, within its recently upgraded £43m to £50m guidance range, despite a softer market backdrop in the second half.
Friday preview: Burberry first-quarter numbers in focus
(Sharecast News) - On Friday, London-listed luxury fashion brand Burberry will publish first-quarter results.
AEW re-enters bidding process for Alternative Income REIT
(Sharecast News) - Real estate investment trust AEW announced on Thursday that it is once again mulling a potential all-share takeover offer for Alternative Income REIT at a price higher than Glenstone REIT's approach last month.
Berenberg starts coverage of Savills at 'buy'
(Sharecast News) - Berenberg started coverage of real estate advisor Savills on Wednesday with a 'buy' recommendation and 1,375p price target as it highlighted the company's "misunderstood earnings quality".
Berenberg slightly lowers target price on BP
(Sharecast News) - Analysts at Berenberg cut their target price on BP to 590p from 600p on Wednesday, saying the energy giant's latest trading update pointed to weaker upstream performance and higher exploration write‑offs, despite another exceptional quarter from the downstream business.
Debts mount at Thames Water despite surge in profits
(Sharecast News) - Thames Water posted a surge in annual profits on Wednesday after customer bills rose sharply, but warned there remained "material uncertainty" about its future as debts continued to mount.
Supermarket Income REIT launches fundraising for acquisition pipeline
(Sharecast News) - Supermarket Income REIT announced plans to raise about £100m through a share issue on Wednesday, to fund the acquisition of a £216m pipeline of nine grocery assets, including three supermarkets due to complete in September and a further six UK grocery properties expected to complete over the following three months.
Segro signs three new leases in Coventry
(Sharecast News) - Segro said in an update on Wednesday that it has signed three new leases totalling around 540,000 sq ft at Segro Park Coventry, including pre-lets with Volvo Group UK and DIRKS Consumer Logistics, alongside a lease with GigaCloud Technology for a completed speculative warehouse.
ICG fee-earning AUM rises in June quarter
(Sharecast News) - ICG said on Wednesday that assets under management reached $126bn at 30 June, with fee-earning AUM rising 3% on a constant-currency basis during the quarter and 10% year on year to $88bn.
Antofagasta reports broadly stable Q2 copper production
(Sharecast News) - Antofagasta reported broadly stable second-quarter copper production and maintained its full-year production, capital expenditure and net cash cost guidance on Wednesday, despite inflationary pressures across the mining sector.
Dr Martens backs FY guidance, on track to meet strategic objectives
(Sharecast News) - Iconic bootmaker Dr Martens backed its full-year guidance on Wednesday ahead of its annual general meeting, and said it was on track with its strategic objectives.
Workspace Group mulls more asset sales as Q1 rental income grows
(Sharecast News) - London office owner and operator Workspace Group reported higher rental income in the first quarter, but said there is a "long way to go" to reposition the business as it considers selling more assets to shore up the balance sheet.
Rio Tinto reaffirms production targets
(Sharecast News) - Rio Tinto reaffirmed its annual production guidance on Wednesday, following a strong performance at its Pilbara iron ore mines.
Galliford Try sees FY profit at top end of analyst range
(Sharecast News) - Galliford Try said on Wednesday that full-year pre-tax profit was set to be at the top end of analysts' forecasts as momentum from the first half of the year continued through the second half.
Convatec CFO to depart after just eight months
(Sharecast News) - Shares in medical device group Convatec dipped on Wednesday after the FTSE 100 firm revealed that a hunt for a new chief financial is underway following the exit of Fiona Ryder after just eight months in the role.
B&M shares slump on weak UK sales
(Sharecast News) - Shares in B&M slumped on Wednesday as the retailer reported a 2.3% decline in UK like-for-like sales for the first quarter.
Thursday preview: Ocado, Crest Nicholson and Netflix results due
(Sharecast News) - Thursday will see the release of half-year results from Ocado and housebuilder Crest Nicholson, full-year results from Mike Ashley's Frasers Group, and trading updates from homeware retailer Dunelm, Diploma, DFS and Wise.
Barratt Redrow unveils £400m capital return as FY profits meet forecasts
(Sharecast News) - Barratt Redrow has launched a new share buyback programme as part of a new £400m capital return, following a "solid performance" over the financial year to 28 June, with profits in line with market expectations.
Oil prices ease off highs as Trump abandons 20% Hormuz fee
(Sharecast News) - Oil prices eased off highs on Tuesday after Donald Trump abandoned plans to impose a 20% charge on cargo shipments through the vital Strait of Hormuz.
BlackRock Income & Growth sees portfolio grow in volatile June
(Sharecast News) - London-listed BlackRock Income & Growth Investment Trust has reiterated its constructive long-term view of the UK market in face of ongoing macro volatility, as it reported an improvement in its portfolio value over the past month.
Mike Ashley's Frasers gatecrashes Harvey Nichols auction - report
(Sharecast News) - Mike Ashley's Frasers Group has reportedly gatecrashed the auction of Harvey Nichols despite objections from a number of prestige brand-owners to a prospective sale to the Sports Direct and House of Fraser owner.
Wednesday preview: Barratt Redrow update, Morgan Stanley results due
(Sharecast News) - Wednesday will bring trading updates from housebuilder Barratt Redrow and Hunting, as well as full-year results from Cohort.
Wells Fargo Q2 profit rises 17%
(Sharecast News) - US bank Wells Fargo on Tuesday reported a 17% jump in second quarter profit, driven by growth in wealth management and volatile global markets.
Fed chair vows to tackle stubborn inflation
(Sharecast News) - The Federal Reserve's new chair has insisted to US lawmakers that the surge in inflation seen over the last five years will become "a thing of the past".
JPMorgan downgrades Pearson to 'neutral', sees better value elsewhere
(Sharecast News) - JPMorgan downgraded Pearson on Tuesday to 'neutral' from 'overweight' and cut the price target to 1,420p from 1,430p, saying its forecasts now only imply modest upside and it sees better value elsewhere.
Spire Healthcare chair Iain Cheshire to step down
(Sharecast News) - Spire Healthcare announced on Tuesday that chair Ian Cheshire will step down by the end of September and will be succeeded by Debbie White, ahead of a potential takeover by Toscafund.
Berenberg reiterates 'buy' rating on Genus
(Sharecast News) - Analysts at Berenberg maintained their 'buy' rating on Genus on Tuesday as it said the animal genetics firm's latest trading update showed strong momentum across the business, prompting another upgrade to full‑year guidance and extending what the broker described as a sustained run of improvements since early 2025.
Ofwat hits South East Water with £30.5m fine
(Sharecast News) - South East Water will pay £30.5m after a series of supply interruptions, customer service failures and a breach of its licence, regulator Ofwat said on Tuesday.
British Land flags strong start to the year, reaffirms outlook
(Sharecast News) - Commercial property group British Land Company reiterated annual guidance on Tuesday, following a robust start to the year.
Robert Walters shares drop on steeper fee decline in Q2
(Sharecast News) - Shares in Robert Walters sank on Tuesday after the recruiter reported a steeper decline in net fees over the second quarter, though the company did return to growth in the final month of the trading period.
Ashmore Q4 AuM rise as investors 'look through' Middle East uncertainty
(Sharecast News) - Emerging markets asset manager Ashmore reported a jump in fourth-quarter assets under management on Tuesday as it said investors looked through the uncertainty over the conflict in the Middle East.
IntegraFin flags robust inflows, reaffirms cost guidance
(Sharecast News) - IntegraFin Holdings reaffirmed cost guidance on Tuesday alongside a surge in funds under direction, on the back of robust global equity markets.
Watches of Switzerland hails record FY profit and revenue
(Sharecast News) - Watches of Switzerland hailed record full-year profit and revenue on Tuesday, ahead of its previous guidance and market expectations.
Rank sees FY ahead of expectations
(Sharecast News) - Gambling operator Rank Group on Tuesday said it expected annual earnings to be ahead of expectations after a 6% jump in net gaming revenue.
Genus sees FY 'moderately ahead' of expectations, shares rise
(Sharecast News) - Animal genetics company Genus on Tuesday said it expected annual earnings to be moderately above expectations after a strong second half in Asia and Latin America that more than offset weaker conditions in North America, sending shares in the firm 5% higher.
Astrazeneca strikes exclusive licensing deal with Dizal Pharmaceutical
(Sharecast News) - Drugmaker Astrazeneca said on Tuesday that it has signed an exclusive licensing deal with Dizal Pharmaceutical for Zegfrovy, its non‑small cell lung cancer treatment, securing global rights to develop and commercialise the drug.
Higher commodity prices boost BP despite production dip
(Sharecast News) - BP confirmed on Tuesday that higher commodity prices were set to boost second-quarter earnings, despite a fall in upstream production.
Watches of Switzerland said to have held talks over potential takeover offers
(Sharecast News) - Watches of Switzerland Group has reportedly held talks in recent months over potential offers to take the luxury watch retailer private.
Shell to sell Sprng Energy to Aditya Birla Renewables for $1.8bn
(Sharecast News) - Shell said on Monday that it has agreed to sell Solenergi Power Private Limited, which includes the Sprng Energy group of companies, to Aditya Birla Renewables Limited (ABRen) for $1.8bn.
Galantas Gold optimistic after securing crushing plant for Andacollo project
(Sharecast News) - AIM-listed Canadian gold miner Galantas Gold on Monday announced the acquisition of a crushing plant capable of processing 20,000 tonnes of ore per day, which the company called a "major milestone" for its Andacollo project in Chile.
Morrisons exploring £1bn property deal - report
(Sharecast News) - Supermarket chain Morrisons is in talks to raise up to £1bn through a major property deal, it was reported on Monday.
RWS Holdings undervalued after recent sell-off, says Shore Capital
(Sharecast News) - Shore Capital has reiterated its 'buy' rating on RWS Holdings, saying that last month's sell-off shows that the market is not pricing in the progress that the AI solutions business has made over the first half.
ME Group reaffirms guidance as trading rebounds, shares surge
(Sharecast News) - Shares in ME Group International surged on Monday, after the photo booth manufacturer reaffirmed its full-year outlook despite a tough end to the first half.
Former Virgin Money boss Jayne-Anne Gadhia preferred candidate for FRC chair
(Sharecast News) - The government announced on Monday that it has selected former Virgin Money boss Jayne-Anne Gadhia as its preferred candidate for chair of the Financial Reporting Council, succeeding Jan du Plessis, who is due to step down at the end of September.
Grafton reiterates guidance on robust international sales
(Sharecast News) - British distributor Grafton Group reiterated full-year guidance on Monday, after strong international sales helped offset weakness in its home market.
Nippon Paint makes €7.5bn offer for AkzoNobel's decorative paints business
(Sharecast News) - AkzoNobel confirmed on Monday that it has received multiple conditional and non-binding proposals from Japan's Nippon Paint for the acquisition of its decorative paints business which value the segment at €7.5bn.
Oxford Nanopore warns on half-year trading, shares plunge
(Sharecast News) - Oxford Nanopore Technologies warned on Monday that half-year trading had missed expectations, sending shares in the biotech sharply lower, on the back of difficult conditions in China and the Middle East.
Plus500 slips in early trade as costs and FX headwinds offset record H1
(Sharecast News) - Fintech group Plus500 slipped in early trade on Monday despite the group posting record first‑half revenues and customer income, with limited profit growth, heavier acquisition spending and FX headwinds weighing on margins.
Rank Group appoints Richard Harris as CEO
(Sharecast News) - Rank Group said on Monday that it has appointed Richard Harris as chief executive officer with immediate effect.
Derwent signs £100m RCF with Handelsbanken
(Sharecast News) - Derwent London on Monday said it has signed a £100m unsecured revolving credit facility with Handelsbanken, marking the Swedish bank's first lending relationship with the FTSE 250 developer.
Berenberg lowers target price on Boku following soft H1 update
(Sharecast News) - Analysts at Berenberg cut their target price on software firm Boku from 300p to 200p on Monday as they reduced their forecasts following a weaker‑than‑expected first‑half update, though they also said their investment thesis remained intact and reiterated their 'buy' recommendation.
PageGroup shares spark as Q2 profit beats forecasts
(Sharecast News) - Shares in PageGroup surged on Monday after the recruiter's second quarter earnings beat forecasts, driven by a strong performance in the Americas, offsetting weaker trading in France, Northern Europe and the UK, although it warned of "a high degree of uncertainty in the outlook for the rest of the year".
Heathrow passenger numbers edge lower in June
(Sharecast News) - London's Heathrow Airport reported a slight decline in passenger numbers in June as disruption in the Middle East weighed on travel flows.
Tuesday preview: Banking giants kick off US earnings season
(Sharecast News) - US earnings season will kick off in earnest on Tuesday, with quarterly results due from banking giants JPMorgan, Bank of America, Goldman Sachs, Citigroup and Wells Fargo.
GSK rectal cancer drug shows positive result in key trial
(Sharecast News) - A treatment for rectal cancer being developed by GSK has shown positive results in interim testing, the pharma giant announced on Monday.
UK to regulate cloud service providers Microsoft, Google, Amazon and Oracle
(Sharecast News) - The government said on Friday that it has designated cloud service providers Microsoft, Google, Amazon and Oracle as critical third parties (CTPs), bringing them under direct regulatory oversight "to help protect the UK's financial system".
EU warns Meta to change 'addictive Facebook, Instagram or face fine
(Sharecast News) - Tech giant Meta has been threatened with a fine if it does not change Facebook's and Instagram's "addictive" design, the European Commission said on Friday.
GSK hails 'milestone' drug trial results in China
(Sharecast News) - A targeted lung cancer treatment developed by GSK has shown promising results in the latest trials in China, the pharma blue chip confirmed on Friday.
Polar Capital Technology Trust reports record annual results
(Sharecast News) - Polar Capital Technology Trust reported record annual results on Friday after artificial intelligence-driven gains helped it more than double its net asset value per share and significantly outperform its benchmark.
St James's Place tumbles as partner firm Sovereign Wealth said to be eyeing exit
(Sharecast News) - Shares in St James's Place tumbled on Friday following a report that one of its largest partner firms, Sovereign Wealth, is the latest set to leave as the wealth manager faces retention challenges.
RBC Capital Markets downgrades Wizz Air to 'underperform'
(Sharecast News) - RBC Capital Markets downgraded Wizz Air on Friday to 'underperform' from 'sector perform' as it argued that "poor earnings quality may weigh on a hockey stick recovery".
Canaccord Genuity lowers Capita target to 750p, still sees 'buying opportunity'
(Sharecast News) - Analysts at Canaccord Genuity cut their target price on Capita tfrom 900p to 750p on Friday, but said the shares still offered a buying opportunity given expectations for a sharp profit recovery next year.
LondonMetric and Schroders Reit boost takeover offer for Picton
(Sharecast News) - LondonMetric Property and Schroders Real Estate Investment Trust have sweetened their takeover offer for Picton Property Income, it was confirmed on Friday.
French telecoms tycoon Niel snaps up £4.4bn stake in Vodafone
(Sharecast News) - French billionaire Xavier Niel has agreed to acquire Emirates Telecommunications Group's entire stake in Vodafone for £4.4bn, it was announced on Friday, sending shares in the UK firm soaring.
Bidding war emerges as easyJet agrees £5.7bn takeover by Apollo
(Sharecast News) - A bidding war emerged on Friday as EasyJet said it has agreed to be taken over by private equity firm Apollo in a £5.7bn deal which trumps an earlier proposal by Castlelake.
German June inflation confirmed at 2.3% as easing continues
(Sharecast News) - German inflation eased further in June, with consumer prices rising 2.3% year on year, the federal statistics office said on Friday, confirming flash estimates and continuing the easing of recent months.
Johnson Service upbeat on FY26 progress despite hospitality slowdown
(Sharecast News) - Textile services provider Johnson Service Group said on Friday that it still expects to deliver "another year of progress" in FY26, despite a drop in first‑half hotel, restaurant and catering (HORECA) revenues, as margin improvement and cost discipline continue to support performance.
Latest US-Iran hostilities threaten oil output recovery, says IEA
(Sharecast News) - Global oil demand is recovering from its May low, according to the International Energy Agency on Friday, but renewed fighting between the US and Iran threatens to derail expectations that the market will return to surplus next year.
Hays sees earnings at top end of estimates, shares surge
(Sharecast News) - Recruiter Hays said it expected full-year earnings to be at the top end of consensus as the pace of decline in fee income slowed in the fourth quarter, sending shares in the company up 15%.
Friday preview: Hays update, Delta Air Lines results eyed
(Sharecast News) - On Friday, recruiter Hays will publish a trading update for the quarter to 30 June, while Delta Air Lines will release quarterly results in the US.
RBC Capital lifts price target on Auction Technology
(Sharecast News) - RBC Capital Markets lifted its price target on Auction Technology on Thursday as it upgraded its model to reflect cost-savings driven upgrades.
Berenberg starts coverage of Saga at 'buy'
(Sharecast News) - Berenberg initiated coverage of Saga on Thursday with a 'buy' rating and 1,025p price target as it anticipates "plain sailing ahead".
Informa names former Reuters boss Tom Glocer chair
(Sharecast News) - Media group Informa has named former Thomson Reuters Group veteran Tom Glocer as its next chair.
Workspace hits back at Saba's 'high-risk' plan ahead of key vote
(Sharecast News) - Workspace Group hit out at Saba Capital Management on Thursday, as it urged shareholders to reject "flawed" plans by the activist investor to break up the business.
Brooks Macdonald posts growth in funds under management
(Sharecast News) - Brooks Macdonald said on Thursday that funds under management and advice rose to £21.7bn at 30 June from £19.1bn a year earlier, as its full-year net flows improved by more than £600m.
Prologis says combination with Segro still best route to long-term value
(Sharecast News) - Prologis said on Thursday that a combination with Segro remained the best route to maximise long-term value, as it published a new investor presentation arguing the deal would give Segro shareholders access to a larger and better-capitalised data centre platform.
AstraZeneca shares slide on failure of cardiomyopathy trial
(Sharecast News) - AstraZeneca said on Thursday that the phase 3 CARDIO-TTRansform trial of Wainua in adults with transthyretin-mediated amyloid cardiomyopathy did not meet its primary endpoint, failing to show a statistically significant benefit against placebo on the composite measure of cardiovascular mortality and recurrent cardiovascular clinical events up to 140 weeks.
Severn Trent trading in line with expectations
(Sharecast News) - Severn Trent said on Thursday that trading remained in line with expectations after a strong start to the 2027 financial year, leaving the water utility confident of delivering at least £50m of total performance incentives during the year.
Bytes Technology hails solid trading in first four months of the year
(Sharecast News) - Bytes Technology said on Thursday that it traded well in the first four months of the year, delivering double-digit year-on-year growth in gross invoiced income and gross profit across both the private and public sectors.
LondonMetric flags solid portfolio performance
(Sharecast News) - LondonMetric said on Thursday that its £7.6bn triple-net lease portfolio continued to perform well, with occupancy rising to 98.3% from 97.7% since the start of the financial year and average lease lengths at 17 years.
Toscafund gets another extension to deadline for Spire offer
(Sharecast News) - Spire Healthcare said on Thursday that the 'put up or shut up' deadline for Toscafund Asset Management to make a takeover offer has been extended again as the investment firm continues to work towards the announcement of a 250p-a-share bid.
Capita tanks again on profit warning as civil service pension crisis grows
(Sharecast News) - Capita's troubles deepened and its share price spiralled again on Thursday as the UK government outsourcer warned profits would be hit by up to £40m as a result of its disastrous handling of the civil service pension contract.
Computacenter boosts guidance on bumper demand
(Sharecast News) - Computacenter lifted guidance on Thursday, sending shares soaring, after second-quarter trading was boosted by strong demand from hyperscalers.
Playtech sees FY earnings above forecasts despite H2 slowdown, shares surge
(Sharecast News) - Gambling software maker Playtech said it expected annual earnings to be "significantly" above estimates after a strong performance in the first six months of the year, sending shares in the company surging more than 17%.
Life of Sizewell B to be extended by 20 years
(Sharecast News) - The UK government has agreed to extend the life of Sizewell B by twenty years, it was confirmed on Thursday.
Tesco exploring sale of central and eastern European operations - report
(Sharecast News) - Tesco is reportedly exploring a sale of its central and eastern European operations.
Canaccord Genuity cuts Jet2 target price but sticks with 'buy'
(Sharecast News) - Canaccord Genuity has lowered its target price for Jet2 but kept a 'buy' rating on the stock, saying the holidays group has the potential to grow its market share while it maintains a strong balance sheet.
Gym Group confident as member numbers near 1m
(Sharecast News) - The Gym Group said it is confident in its full-year outlook after a strong first half, in which revenues rose by 10% and membership numbers rose to nearly one million.
Severn Trent avoids fine despite 'serious' wastewater failings
(Sharecast News) - Severn Trent Water had "serious failings" in how it dealt with drainage and sewage, the regulator confirmed on Wednesday following its latest wastewater probe.
RBC Capital starts coverage of Shawbrook at 'outperform'
(Sharecast News) - RBC Capital Markets initiated coverage of Shawbrook on Wednesday with an 'outperform' rating and 475p price target.
Boku flags first-half growth, shares slide
(Sharecast News) - Boku shares were sliding on Wednesday, even after it said first-half revenue rose about 11% on an underlying basis to $66.5m, while adjusted EBITDA increased to about $19.3m, giving a margin of about 29%.
Zigup revenue rises but underlying pre-tax profit falls
(Sharecast News) - Zigup reported a 5.2% rise in underlying full-year revenue to £1.64bn on Wednesday, supported by growth in vehicle hire revenue, while reported revenue increased 2.6% to £1.86bn.
IG Group proposes Jersey holding structure amid strong trading
(Sharecast News) - IG Group said on Wednesday that it plans to establish a new Jersey-incorporated holding company, subject to shareholder and regulatory approval, as part of its strategic review, while retaining its London Stock Exchange listing, UK tax residence and London operations.
Unite property valuations drop across USAF and LSAV funds in Q2
(Sharecast News) - Student accommodation provider Unite Group reported a drop in property valuations across its USAF and LSAV funds in the second quarter.
Berenberg raises target price on Grafton
(Sharecast News) - Analysts at Berenberg lifted their target price on builders merchants Grafton to 1,150p from 1,000p on Wednesday, saying stabilising earnings forecasts and balance‑sheet flexibility supported a re-rating of the shares.
Senior lifts full-year outlook again
(Sharecast News) - Senior lifted its full-year outlook again on Wednesday as it highlighted "continued positive momentum".
Virgin Media fined record £28m for blocking contract cancellations
(Sharecast News) - Virgin Media has been hammered with a record £28m fine after an investigation found it had actively blocked customers from trying to cancel their contracts.
Vistry expects to report £30m H1 loss
(Sharecast News) - Housebuilder Vistry said on Wednesday that it expects to report a first‑half pre‑tax loss of around £30m, after cash‑generation measures and weaker partner‑funded volumes significantly weighed on profitability.
Thursday preview: Rics survey, PepsiCo results due
(Sharecast News) - There are no FTSE 350 corporate releases scheduled on Thursday, but the Rics house price balance for June will be out, along with US existing home sales data for June and the latest initial jobless claims.
Galliford Try wins place on YORbuild framework
(Sharecast News) - Galliford Try said it had won a place on the £1.5bn YORbuild Major Works 2 regional framework for a four-year period.
Hammerson sells £69m in non-core assets
(Sharecast News) - Hammerson has sold £69m of non‑core assets, including several central Dublin holdings and another non‑core investment, taking its total disposals for 2026 to £75m after a final Leeds sale in January.
Segro lays out growth plans after rejecting 'opportunistic' Prologis offer
(Sharecast News) - Shares in Segro fell on Wednesday despite the property investor and developer reporting an "encouraging" performance in the first half and setting targets for over £1bn of incremental rental income growth potential by 2030.
Goldman upgrades Rentokil to 'buy', hikes price target
(Sharecast News) - Goldman Sachs upgraded Rentokil Initial on Tuesday to 'buy' from 'neutral' and lifted the price target to 590p from 515p.
UK IPO proceeds trebled in first half, EY data shows
(Sharecast News) - The UK IPO market showed early signs of a revival in the first half of 2026, according to an EY report released on Wednesday, with the amount raised through market debuts more than trebling compared with the previous year.
RBC Capital, Stifel and Morgan Stanley initiate coverage of SpaceX
(Sharecast News) - RBC Capital Markets and Stifel initiated coverage of SpaceX on Tuesday at 'outperform' and 'buy' respectively, while Morgan Stanley started coverage at 'overweight'.
The Beauty Tech Group lifts FY outlook, shares spark
(Sharecast News) - Shares of The Beauty Tech Group rallied on Tuesday after the company lifted its full-year outlook.
Proxima Fusion raises €411m in funding round
(Sharecast News) - German energy tech start up Proxima Fusion has secured a €411m financing round, pushing the company to a €2.4bn valuation, the company said on Tuesday.
Government lambasts Capita over pension scheme failures, shares tank
(Sharecast News) - Shares in Capita plunged on Tuesday, after the government lambasted the outsourcer for persistent failings in its handling of the civil service pension scheme.
Bank of England proposes easing bank capital rules
(Sharecast News) - The Bank of England on Tuesday unveiled a package of proposed reforms to the UK bank capital framework, which it said is designed to make the regime simpler, more effective and better aligned with international standards.
RBC keeps Crest Nicholson at 'outperform' but warns of equity raise impact
(Sharecast News) - RBC Capital Markets has reiterated an 'outperform' rating on Crest Nicholson ahead of the housebuilder's results next week, but warned that its investment case could be clouded by a potential equity raise.
Berenberg hikes target price on Keller
(Sharecast News) - Analysts at Berenberg lifted their target price target on geotechnical contractor Keller from 2,550p to 3,150p on Tuesday, after the firm issued a stronger‑than‑expected trading update that prompted a material upgrade to full‑year guidance.
Young's flags strong trading at start of new financial year
(Sharecast News) - Young's said on Tuesday that trading remained strong at the start of its new financial year, with revenue rising 9.4% in the 14 weeks to 6 July and like-for-like revenue up 5.5% against a strong comparative period.
Victrex climbs on sharp Q3 recovery across key markets
(Sharecast News) - Polymer specialist Victrex traded higher early on Tuesday, helped by a strong third‑quarter update showing a sharp rebound in volumes and revenue across key end markets.
Saba urges shareholders to back Workspace break-up
(Sharecast News) - Saba Capital Management reiterated its tilt at Workspace Group on Tuesday, arguing that the British real estate investment trust has failed its investors.
Firstgroup secures Sizewell C bus transport contract
(Sharecast News) - Transport company Firstgroup announced on Tuesday that it has been awarded the Sizewell C bus transport services contract, further strengthening its business and coach portfolio.
Shell lifts Q2 gas trading production guidance
(Sharecast News) - Shell said on Tuesday that trading & optimisation earnings in its integrated gas division are expected to be "significantly" higher in the second quarter as it lifted its production guidance for the segment.
Halma buys Dreampath for up to €275m
(Sharecast News) - Safety equipment maker Halma on Tuesday said it had bought France-based Dreampath Diagnostics for an initial €154m (£132m), on a cash- and debt-free basis.
Wednesday preview: Jet2 results, FOMC minutes in focus
(Sharecast News) - Wednesday will see the release of full-year results from Jet2 and trading updates from Unite and Pennon.
Adnoc to buy Shell's South Africa fuel stations in $1bn deal
(Sharecast News) - Adnoc Distribution has agreed to buy Shell Downstream South Africa in a deal valuing the business at about $1bn, marking its largest overseas acquisition and a major step in its expansion beyond the Gulf.
Keller Q2 trading strengthens, FY revenues seen ahead of consensus
(Sharecast News) - Geotechnical contractor Keller Group lifted its full‑year guidance on Tuesday, saying revenue and underlying operating profit for 2026 were now expected to come in "materially ahead" of market consensus after a stronger‑than‑expected second quarter performance.
Microsoft to cut 2.1% of global workforce, or 4,800 jobs
(Sharecast News) - Microsoft has announced plans to cut around 2.1% of its global workforce, or 4,800 jobs.
Lockheed Martin to buy Ultra Maritime for $3.45bn
(Sharecast News) - US defence firm Lockheed Martin confirmed on Monday that it has agreed to buy Ultra Maritime from private equity firm Advent for $3.45bn.
Tuesday preview: Shell update due; SpaceX to join Nasdaq-100
(Sharecast News) - Tuesday will bring a quarterly update from oil giant Shell, while the latest Lloyds house price index - formerly the Halifax house price index - will be released, and Elon Musk's SpaceX will join the Nasdaq-100.
Deutsche Bank lowers target price on Rentokil Initial
(Sharecast News) - Deutsche Bank cut its target price on Rentokil Initial to 642p from 676p, saying recent trading softness in the US pest‑control business had prompted a modest reduction in estimates.
Sapporo to invest $643m in Asia joint venture with Carlsberg
(Sharecast News) - Sapporo Breweries on Monday said it was was forming a strategic partnership with Danish brewing giant Carlsberg across Southeast Asia and Hong Kong, investing about $643m for a 25% stake.
Ocado CEO Tim Steiner to step down in 2028
(Sharecast News) - Ocado said on Monday that chief executive officer Tim Steiner will step down in 2028.
Raspberry Pi names Tim Powell as CFO
(Sharecast News) - High-performance computing firm Raspberry Pi tapped Tim Powell to take over as chief financial officer on Monday, succeeding Richard Boult with effect from 16 October.
ITV to sell media and entertainment business to Sky for up to £1.6bn
(Sharecast News) - ITV said on Monday that it has agreed to sell its media and entertainment business to Comcast-owned Sky for up to £1.6bn.
RBC Capital Markets lowers Close Brothers to 'sector perform'
(Sharecast News) - Analysts at RBC Capital Markets downgraded Close Brothers from 'outperform' to 'sector perform' on Monday, citing rising uncertainty after the Upper Tribunal unexpectedly agreed to hear a judicial review of the Financial Conduct Authority's motor‑finance redress scheme.
EasyJet accepts sweetened £5.5bn offer from Castlelake
(Sharecast News) - Budget airline easyJet on Monday said it planned to accept a £5.5bn takeover offer from US private equity firm Castlelake.
Avon Technologies wins NATO CBRN filter contract
(Sharecast News) - Protective equipment manufacturer Avon Technologies said on Monday that it has received a new order for its CBRN filters from an existing European NATO nation under the NATO Support & Procurement Agency framework contract.
Johnson Matthey gets China approval for sale of CT business to Honeywell
(Sharecast News) - Johnson Matthey said on Friday that it has now received regulatory approval from China for the sale of its Catalyst Technologies business to Honeywell.
Crimson Tide agrees 12-month extension to Cadent Gas contract
(Sharecast News) - Crimson Tide said on Friday that it had agreed a 12-month uplifted extension to its contract with Cadent Gas, the UK's largest gas distribution network, taking the agreement through to 30 September 2027.
Shore Capital upgrades Close Brothers to 'buy', shares spark
(Sharecast News) - Shore Capital upgraded Close Brothers on Friday to 'buy' from 'hold' and lifted the price target to 495p from 490p as it pointed to favourable risk versus reward.
Citi hikes target price on Wizz Air
(Sharecast News) - Citi raised its target price on Wizz Air to 1,200p from 1,000p on Friday, but kept its 'neutral/high risk' stance as it cut its near‑term estimates despite lower fuel costs.
Altitude Group reappoints former CFO as focus turns to US
(Sharecast News) - Altitude Group, the AIM-listed tech group which serves the branded merchandise and promotional products industry, has re-appointed its former chief financial officer, with current CFO Drew Whibley set to leave the company after less than a year.
Harbour Energy founder EIG exits after placing
(Sharecast News) - Harbour Energy founder EIG said it had sold its remaining stake in the oil company via a secondary placing of 54.77 million shares to institutional investors through an accelerated bookbuild.
Berenberg starts Brooks Macdonald at 'buy'
(Sharecast News) - Berenberg initiated coverage of Brooks Macdonald with a 'buy' rating and a 1,600p price target on Friday, arguing that the current share price undervalued the group's recovery prospects despite clearer signs of improving net flows.
Craneware results to miss forecasts on revenue delays
(Sharecast News) - AIM-listed Craneware has said it expects its full-year results to be below market expectations due to the timing of the 340B drug pricing programme in the US and the deferral of several contracts.
Craneware results to miss forecasts on revenue delays
(Sharecast News) - AIM-listed Craneware has said it expects its full-year results to be below market expectations due to the timing of the 340B drug pricing programme in the US and the deferral of several contracts.
Tate & Lyle publishes scheme document for Ingredion takeover
(Sharecast News) - Food ingredients manufacturer Tate & Lyle said on Friday that the scheme document for its recommended takeover by Ingredion has now been published and sent to shareholders.
Shore Capital downgrades Capricorn Energy after Genel deal
(Sharecast News) - Shore Capital downgraded Capricorn Energy on Thursday to 'hold' from 'buy' after it agreed to be taken over by Genel in a $360m deal.
Oracle Power granted mining lease for Northern Zone gold project
(Sharecast News) - AIM-listed natural resources developer Oracle Power on Thursday announced the "major milestone" of being granted a mining lease for its Northern Zone gold project in Western Australia.
Car finance compensation scheme partially suspended
(Sharecast News) - The City watchdog has been forced to partially suspend its multi-billion pound redress scheme for motorists who were mis-sold car finance, it was announced on Thursday.
Dusk picks banks for £300m London float - report
(Sharecast News) - Online furniture retailer Dusk has reportedly picked investment banks to spearhead a £300m London flotation.
Forvis Mazar penalised for audit failings
(Sharecast News) - The accounting watchdog has fined Forvis Mazars more than half a million pounds following a string of failures during the firm's audit of Studio Retail Group.
PPHE Hotel shares slide as strategic review ends with no takeover deal
(Sharecast News) - Shares of PPHE Hotel Group slid on Thursday as it confirmed the strategic review had ended and it is not in receipt of any takeover approaches.
ActiveOps swings to loss after acquisition of Enlighten
(Sharecast News) - ActiveOps reported a sharp rise in annual revenue and recurring income on Thursday, although it swung to a statutory loss after costs linked to the acquisition of Enlighten.
Baltic Classifieds Group posts higher revenue, guides to lower margins
(Sharecast News) - Baltic Classifieds Group shares fell more than 7% on Thursday morning after the online classifieds operator reported full-year revenue growth but guided to a lower margin and higher leverage as it continues an accelerated buyback programme.
Ryanair hails new monthly record as June traffic grows 7%
(Sharecast News) - Budget airline Ryanair reported a 7% jump in passenger numbers for June on Thursday to a new monthly record.
Great Portland Estates makes 'strong start' to leasing year
(Sharecast News) - Property development and investment firm Great Portland Estates said on Thursday that it had made a "strong start" to the leasing year, signing 21 new leases and renewals in the first quarter and securing £13.2m of annual rent.
Sales, earnings spark at Currys
(Sharecast News) - Electricals retailer Currys posted a jump in full-year earnings on Thursday, despite cost headwinds and a "subdued" consumer backdrop in the UK.
Berenberg stays at 'buy' on JD Sports
(Sharecast News) - Berenberg reiterated its 'buy' rating on JD Sports Fashion on Thursday, saying it continued to see medium‑term recovery potential supported by a series of self‑help measures.
Supermarket Income REIT completes £445m debt refinancing
(Sharecast News) - Supermarket Income REIT announced the completion on Thursday of a £445m refinancing delivering lower borrowing costs and increasing average debt maturity.
Friday preview: China services PMI due; US markets closed for Independence Day
(Sharecast News) - Friday looks set to be a quiet end to the week, with no FTSE 350 corporate releases scheduled and US markets closed for Independence Day.
Wizz Air June passenger numbers soar
(Sharecast News) - Budget airline Wizz Air carried 7.48 million passengers in June, an increase of 27.2% year-on-year.
Halma adds to medical portfolio with two acquisitions worth £54m
(Sharecast News) - Safety equipment maker Halma on Thursday said it had made two acquisitions for a total of £54m.
Genel agrees recommended £271m acquisition of Capricorn Energy
(Sharecast News) - Genel Energy announced on Thursday that it has agreed a recommended cash acquisition of Capricorn Energy in a deal valuing the Edinburgh-based company at about $360m on a fully diluted basis, or £271m.
Reabold Resources unveils £6m all-share takeover of Union Jack Oil
(Sharecast News) - Reabold Resources has announced an all-share recommended takeover of Union Jack Oil, valuing the company at £6.1m.
Halifax to disappear from high street after 173 years
(Sharecast News) - Lloyds Banking Group is to scrap the 173-year-old Halifax brand, the blue chip lender confirmed on Wednesday.
US private sector employment rises less than expected in June - ADP
(Sharecast News) - Private sector employment in the US grew less than expected in June, according to figures released on Wednesday by ADP.
Watchdog to probe Nexfibre's £2bn acquisition of Netomnia
(Sharecast News) - The UK competition watchdog has launched an in-depth review of Nexfibre's proposed £2bn takeover of Netomnia, it was confirmed on Wednesday.
Segro agrees £3bn UK logistics JV with institutional investor
(Sharecast News) - Segro confirmed on Wednesday that it has agreed heads of terms for the formation of a new UK logistics joint venture with a "major" international institutional investor.
National Grid invests $1.75bn in US data centre power provider Joulent
(Sharecast News) - UK utility group National Grid has announced plans to spend $1.75bn on a 35% stake in Joulent, a US power generation company that manages energy for data centres.
Up to a third of TG Jones stores set to close
(Sharecast News) - Up to 150 TG Jones stores are set to disappear from the high street, it was confirmed on Wednesday, after the high court approved a major restructuring plan.
Deutsche Bank upgrades RS Group to 'buy'
(Sharecast News) - RS Group rallied on Wednesday after Deutsche Bank upgraded the stock to 'buy' from 'hold' and hiked the price target to 775p from 700p as it said the recovery case is strengthening.
Frasers to sell stake in Sports Direct Malaysia
(Sharecast News) - Frasers Group is to offload its entire interest in Sports Direct Malaysia in a $150m deal, it was announced on Wednesday.
AB Dynamics finds new group CFO internally
(Sharecast News) - AB Dynamics announced the appointment of Edward Haycock as group chief financial officer on Wednesday, with his board appointment as group finance director to take effect on 1 September.
Asos sells Atlanta warehouse, shares spark
(Sharecast News) - Asos shares shot higher on Wednesday after the online fashion retailer completed the sale of a fulfilment centre in Atlanta that was no longer in operation.
Distribution Finance Capital renews guarantee facility
(Sharecast News) - Manufacturing sector lender Distribution Finance Capital Holdings (DFCH) announced on Wednesday that it has entered into a new ENABLE Guarantee facility with the British Business Bank worth up to £350m.
Topps Tiles warns on profits, shares slide
(Sharecast News) - Topps Tiles warned on profits on Wednesday, sending shares in the retailer sharply lower, after soaring temperatures compounded already tough market conditions.
Greggs CFO Richard Hutton to retire
(Sharecast News) - Greggs said on Wednesday that chief financial officer Richard Hutton plans to retire and step down from the board at the end of the year after 28 years with the company.
Bytes Technology names Gavin Rochussen as chair-designate
(Sharecast News) - Software and security firm Bytes Technology Group said on Wednesday that Gavin Rochussen has been appointed as an independent non‑executive director and chair‑designate, with effect from 10 July.
Berenberg slightly raises target price on LBG Media
(Sharecast News) - Analysts at Berenberg raised their price target on LBG Media to 50p from 45p, saying the group's recent acquisition of Uncovered had strengthened its strategic positioning and supported upgrades to earnings forecasts through FY26-FY28.
CMC Markets lifts guidance for FY net operating income, shares surge
(Sharecast News) - CMC Markets lifted its full-year guidance for net operating income on Wednesday as it hailed continued strong momentum, driven by "exponential and exceptional" growth in its B2B business.
Chemring subsidiary secures JBTDS contract win
(Sharecast News) - Aerospace and defence technology firm Chemring said on Wednesday that its US subsidiary, Chemring Sensors & Electronic Systems, has secured a sole‑source indefinite delivery/indefinite quantity full‑rate production contract as part of the Joint Biological Tactical Detection System programme.
AB Foods still sees lower profit as sugar business losses weigh, shares fall
(Sharecast News) - Primark owner Associated British Foods said it still expected lower earnings this year as its struggling sugar division expected losses to widen and market conditions to further deteriorate, sending its shares lower in London trade.
Thursday preview: Currys results, payrolls report in focus
(Sharecast News) - Thursday will bring the release of full-year results from Baltic Classifieds and Currys, while across the pond, the latest non-farm payrolls report, unemployment rate and average earnings will be out a day early due to the Independence Day holiday on Friday.
Primary Health Properties secures £800m debt refinancing
(Sharecast News) - Primary Health Properties has refinanced debt facilities totalling £800m, the property investor confirmed on Wednesday.
UK government 'minded to intervene' in Paramount WBD tie-up
(Sharecast News) - The British government has flagged it may intervene in Paramount Skydance's $110bn takeover of Warner Bros Discovery, it was confirmed on Tuesday.
BP deputy CEO and head of trading Howle to retire
(Sharecast News) - BP said on Tuesday that deputy chief executive Carol Howle has decided to retire in the third quarter, after less than three months in the job.
Santander's Ebury considering £100m takeover of Lumon
(Sharecast News) - Ebury is reportedly considering a takeover of foreign exchange firm Lumon as it looks to accelerate its expansion ahead of an initial public offering.
Prologis proposal 'inadequate, opportunistic and one-sided', says Segro
(Sharecast News) - Segro said on Tuesday that it was confident in its standalone investment case as it accused Prologis of trying to buy the company "on the cheap" after the US real estate firm published an investor presentation outlining the strategic and financial rationale of a deal.
Housebuilders face £4.5bn legal claim, shares slip
(Sharecast News) - Shares in UK housebuilders fell on Tuesday, after a multi-billion pound class action lawsuit was launched on behalf of around 700,000 home owners.
Canaccord Genuity ups target price on Halfords
(Sharecast News) - Canaccord Genuity lifted its target price on Halfords to 255p from 170p on Tuesday, saying strong early trading in FY27 and continued operational progress under new chief executive Henry Birch had prompted further upgrades to profit forecasts.
Citi, RBC Capital Markets downgrade easyJet
(Sharecast News) - EasyJet was downgraded on Tuesday by both Citi and RBC Capital Markets, after the budget airline rejected a fourth, £4.9bn approach from US suitor Castlelake last week but agreed to enter discussions.
Barclays spends £750m to buy Canary Wharf HQ
(Sharecast News) - Barclays has announced the acquisition of a long-term leasehold interest in its global headquarters at One Churchill Place in Canary Wharf in a deal worth £750m.
Bumper demand for cruises boosts Saga despite Middle East turmoil
(Sharecast News) - Saga reaffirmed its full-year outlook on Tuesday, boosted by buoyant demand for its cruises, despite war in the Middle East hitting its holiday division.
Chemring appoints new chairman for Norwegian subsidiary
(Sharecast News) - Aerospace and defence firm Chemring said on Tuesday that its Norwegian subsidiary had appointed Geir Håøy, the former chief executive of Kongsberg Gruppen, as chairman of its board.
Smarter Web Company reports first-half loss
(Sharecast News) - The Smarter Web Company reported a first-half loss on Tuesday, driven largely by non-cash Bitcoin fair value movements, while pointing to progress across its operating business, Bitcoin treasury strategy and acquisition plans.
Berenberg hikes target price on ITM Power
(Sharecast News) - Analysts at Berenberg lifted their price target on ITM Power from 110p to 200p on Tuesday, saying the group's partnership with Rheinmetall on the Giga PtX project representeed a "significant growth opportunity" as the it pushes into fresh end‑markets.
Wednesday preview: AB Foods update; UK manufacturing PMI due
(Sharecast News) - Wednesday will bring the release of a trading update from Primark owner Associated British Foods as well as the latest UK manufacturing PMI.
Sainsbury's reports slower sales as Iran war continues to impact
(Sharecast News) - UK supermarket chain Sainsbury's held annual guidance despite slower first quarter sales as the war in Iran and Lebanon continued to cause uncertainties for customers.
IWG increases buyback programme by $50m
(Sharecast News) - Serviced offices provider International Workplace Group said on Tuesday that it has increased its 2026 share buyback programme by $50m, taking the total to $150m.
Tuesday preview: Sainsbury's update, UK GDP in focus
(Sharecast News) - On Tuesday, supermarket chain Sainsbury's will release a first-quarter trading statement, while Nike will report quarterly numbers in the US.
Smiths News inks distribution contract with Associated Newspapers
(Sharecast News) - Print media distributor Smiths News has secured a new long‑term distribution contract with Associated Newspapers, publisher of the Daily Mail, The Mail on Sunday and i.
Softcat extends tenure of chairman Graeme Watt
(Sharecast News) - IT infrastructure technology and services provider Softcat said on Monday that it has extended Graeme Watt's tenure as non-executive chairman in the best interests of its shareholders.
Berenberg hikes target price on Solid State
(Sharecast News) - Berenberg hiked its target price on value added electronics group Solid State from 245p to 275p on Monday as it said the firm had delivered a stronger‑than‑expected set of FY26 results, with revenue coming in 1% ahead of guidance and more pronounced beats on adjusted underlying earnings and earnings per share - up 7% and 6%, respectively.
Marshalls said to have rebuffed takeover approach from Breedon
(Sharecast News) - Building materials group Breedon has reportedly approached smaller rival Marshalls about a merger aimed at creating a £1.5bn London-listed construction group.
Canaccord Genuity reiterates 'buy' rating on Smiths News
(Sharecast News) - Analysts at Canaccord Genuity reiterated their 'buy' rating on Smiths News on Monday after the firm secured a second major long‑term national contract, this time with Associated Newspapers, further strengthening its position in UK print distribution.
BAT reports 5,500 job cuts in cost-savings drive
(Sharecast News) - British American Tobacco has revealed plans to cut 5,500 jobs as part of its Fit2Win transformation programme that aims to save £600m in costs each year.
BT to spin off international arm in deal with Verizon
(Sharecast News) - BT Group and America's Verizon Communications have agreed to combine their international operations in a 50:50 joint venture, it was announced on Monday.
South Korea's chip drive weighs Samsung and SK Hynix
(Sharecast News) - Samsung Electronics and SK Hynix traded lower on Monday after South Korea unveiled sweeping artificial‑intelligence and semiconductor investment plans expected to draw hundreds of billions of dollars over the coming years.
Plus500 launches sports event-based contracts in the US
(Sharecast News) - Plus500 announced on Monday the launch of sports event-based contracts in the US, expanding its prediction markets offering there.
Foresight Group AUM grows 8pc in FY26
(Sharecast News) - Investment manager Foresight Group reported higher assets and continued strong fundraising in FY26, alongside progress on simplifying its business following the agreed sale of its public markets arm.
Bridgepoint shares surge on $1.4bn Kayne Anderson acquisition
(Sharecast News) - Shares in Bridgepoint surged 14% on Monday as the UK private equity group said it was buying the real estate arm of US investment firm Kayne Anderson for $1.4bn, making its first move into the US property sector.
AstraZeneca's Datroway and Enhertu candidates receive EU approval
(Sharecast News) - Drugmaker AstraZeneca said on Monday that its breast cancer therapy Datroway has been recommended for approval in the EU as a first‑line monotherapy for adults with unresectable or metastatic triple‑negative breast cancer who are not eligible for PD‑1/PD‑L1 inhibitor treatment.
Berenberg upgrades Barratt Redrow, Bellway to 'buy'
(Sharecast News) - Berenberg upgraded Barratt Redrow and Bellway on Friday to 'buy' from 'hold' as it took a look at UK housebuilders.
ClearScore hires JPMorgan to advise on £2bn IPO - report
(Sharecast News) - ClearScore has reportedly hired Wall Street bank JPMorgan to advise it on strategic options as it moves towards a possible stock exchange listing which could value it at about £2bn.
Clean Power Hydrogen agrees termination, settlement deed with Lagan MEICA
(Sharecast News) - Clean Power Hydrogen said it had signed a deed of termination and settlement with Lagan MEICA on Friday, over the delayed delivery of an MFE220 unit for Northern Ireland Water's 1MW project.
Wise reports higher full-year revenue, customer activity
(Sharecast News) - Wise reported higher full-year revenue and customer activity on Friday, as cross-border volumes rose strongly and the money transfer group set out plans for a new share purchase programme of more than $500m.
Deutsche Bank downgrades Tate & Lyle to 'hold' after Ingredion deal
(Sharecast News) - Deutsche Bank cut its recommendation on Tate & Lyle on Friday to 'hold' from 'buy' after the company agreed to be taken over by US peer Ingredion in a £2.7bn deal.
Zalando shares slump as German regulator launches probe into accounts
(Sharecast News) - Shares in retailer Zalando slumped on Friday after Germany's finance regulator BaFin said it had started an investigation into the company over whether it omitted information about its takeover of About You in its 2025 accounts.
BHP shakes up leadership roles ahead of new CEO start
(Sharecast News) - Mining giant BHP Group has announced a series of leadership changes as incoming chief executive Brandon Craig shakes up management ahead of his official start in September.
Canaccord Genuity trims target price on Moonpig
(Sharecast News) - Analysts at Canaccord Genuity said Moonpig's full‑year results marked a positive start for new chief executive Catherine Faiers, with revenue and adjusted underlying earnings landing in line with March guidance and earnings per share growth of 19.5% coming in well ahead of the 8-12% range.
Heathrow cuts FY passenger forecast amid Iran war uncertainty
(Sharecast News) - Heathrow cut its full-year passenger forecast and its earnings guidance on Friday as it said passenger demand to date has been resilient, but the outlook remains uncertain amid the Iran war.
Dean Banks to take over as Barratt Redrow CEO in September
(Sharecast News) - Residential property developer Barratt Redrow announced on Friday that Dean Banks will take over as chief executive officer with effect from 21 September.
XPS Group buys APR for up to £13m
(Sharecast News) - Pensions and insurance consulting & administration business XPS Group said it had bought the trade and assets of Austin Professional Resourcing, a UK-based specialist actuarial consultancy for £3.3m in cash on completion with a further £10.0m payable in years 2 and 3, contingent on achieving certain stretching business performance criteria.
Avon Technologies receives $40m CBRN delivery order
(Sharecast News) - Protective equipment manufacturer Avon Technologies confirmed on Friday that Team Wendy Ceradyne has received delivery orders totalling over $40m from the US Army and the Defense Logistics Agency.
Entain to sell 20% stake in CEE business as it begins phased exit
(Sharecast News) - Entain said on Thursday that it has agreed to sell a 20% stake in its Central and Eastern Europe business to joint venture partner EMMA Capital for around €425m (£366m) as it begins a phased exit.
Deutsche Bank downgrades Man Group, says stock up with events
(Sharecast News) - Deutsche Bank downgraded Man Group to 'hold' from 'buy' on Thursday as it said the stock was now up with events.
Sky said to have agreed terms to buy ITV's broadcast and streaming unit
(Sharecast News) - Sky has reportedly agreed on terms to buy ITV's broadcast and streaming unit.
JPMorgan initiates coverage of Domino's Pizza at 'underweight'
(Sharecast News) - JPMorgan initiated coverage of Domino's Pizza on Thursday with an 'underweight' rating and 145p price target, implying around 25% downside.
Halfords boosts guidance after bumper year, shares soar
(Sharecast News) - Shares in Halfords Group motored ahead on Thursday, after the car-to-cycling retailer posted improved annual earnings and boosted guidance.
BP Marsh to put $5.1m into Autonomy Investment Partners
(Sharecast News) - BP Marsh & Partners said on Thursday it had agreed to invest $5.1m in Autonomy Investment Partners, a newly formed vehicle aligned with XPT Group, representing a 17.9% preferred capital interest.
Edinburgh Worldwide posts solid NAV, share price gains
(Sharecast News) - Edinburgh Worldwide Investment Trust said on Thursday that its net asset value rose 8.4% in the six months to 30 April, while its share price total return was 14.6%, compared with a 9.4% return from the S&P Global Small Cap Index in sterling terms.
SDCL Efficiency won't declare divi after fall in annual net asset value
(Sharecast News) - SDCL Efficiency Income Trust reported a fall in annual net asset value on Thursday, and confirmed it would not declare a fourth interim dividend as it prioritises debt reduction ahead of a proposed managed wind-down.
BP joins Abu Dhabi's Bab Gas Cap project with 10pc stake
(Sharecast News) - BP has signed a concession agreement with ADNOC and its partners to develop the Bab Gas Cap project in Abu Dhabi, it was reported on Thursday, securing a 10% stake in a development expected to produce up to 1.5bn cubic feet of natural gas per day.
Sirius Real Estate sells two non-core UK assets, acquires three self‑storage sites
(Sharecast News) - Industrial parks owner and operator Sirius Real Estate said on Thursday that it has exchanged contracts to sell two non‑core UK assets and acquire three new self‑storage development sites.
Spire further extends deadline for Toscafund takeover bid
(Sharecast News) - Spire Healthcare said on Thursday that the deadline for Toscafund Asset Management to make a firm offer or walk away had been extended for a second time, as talks and due diligence continue.
3i Group hails LFL sales growth at largest portfolio holding Action
(Sharecast News) - 3i Group said on Thursday that like-for-like sales at Dutch discount retailer Action grew in the year to date, as it gave a brief update on the performance of its largest portfolio holding.
Berenberg more than halves Telecom Plus target price
(Sharecast News) - Analysts at Berenberg slashed their target price for Telecom Plus to 1,200p from 2,600p, after updating forecasts to reflect the firm's new five‑year plan and heavier‑than‑expected investment programme.
EasyJet rejects sweetened £4.9bn takeover approach
(Sharecast News) - EasyJet has rejected a fresh £4.9bn approach from US suitor Castlelake, the budget carrier confirmed on Thursday, but agreed to enter discussions.
Moonpig lifts dividend as FY profits, revenue rise
(Sharecast News) - Moonpig backed its outlook for 2027 on Thursday as it reported a rise in full-year profit and revenue and lifted its dividend.
Moonpig lifts dividend as FY profits, revenue rise
(Sharecast News) - Moonpig backed its outlook for 2027 on Thursday as it reported a rise in full-year profit and revenue and lifted its dividend.
Serco reaffirms outlook on robust first half
(Sharecast News) - Serco Group reiterated its full-year outlook on Thursday, despite ongoing procurement delays in the US, following a solid first half.
Balfour Beatty wins £325m SSEN contract
(Sharecast News) - Infrastructure group Balfour Beatty said it had won a two-year contract worth £325m from Scottish and Southern Electricity Networks (SSEN) to deliver the Netherton Hub in Aberdeenshire, Scotland.
Friday preview: Uni Michigan sentiment a highlight on quiet day
(Sharecast News) - Friday will be very quiet, with no FTSE 350 corporate releases scheduled, and no UK data points due either.
Chemring secures two new US defence contracts worth a combined $345m
(Sharecast News) - Aerospace and defence firm Chemring has secured two new US defence contracts worth a combined $345m, enabling the restart of sustained manufacturing at its Alloy Surfaces Company decoy facility in Philadelphia.
Thursday preview: Moonpig and Halfords results eyed
(Sharecast News) - Thursday will see the release of full-year numbers from Moonpig, Halfords and Wise and a pre-close trading update from Serco.
JPMorgan lifts price target on Weir Group
(Sharecast News) - JPMorgan lifted its price target on Weir Group on Wednesday to 3,800p from 3,500p and maintained its 'overweight' rating on the stock as it cited an attractive entry point despite first-half concerns.
ITM Power inks letter of intent with DB Systemtechnik
(Sharecast News) - ITM Power announced on Wednesday that it has signed a letter of intent with DB Systemtechnik to form an innovation and research partnership focused on green energy solutions for transport and critical infrastructure.
Gamma Communications slumps as Providence abandons pursuit
(Sharecast News) - Gamma Communications slumped on Wednesday after Providence Equity Partners said it does not plan to make an offer for the telecommunications services firm.
Liontrust confident despite reporting lower profits, cutting dividend
(Sharecast News) - Liontrust Asset Management reported lower annual profits and cut its full-year dividend on Wednesday, although the fund manager said outflows had slowed and its acquisition of River Global Holdings was expected to complete at the end of June.
Trainline appoints former Flutter UK boss Ian Brown as CEO
(Sharecast News) - Rail travel platform Trainline said on Wednesday that it has appointed Ian Brown as its next chief executive officer with effect from 28 September, succeeding Jody Ford.
Berenberg hikes target price on Howden Joinery
(Sharecast News) - Berenberg lifted its price target on Howden Joinery to 1,075p from 1,000p on Wednesday, after incorporating the firm's recently completed acquisition of DIY Kitchens into its forecasts.
B&M taps former Asda executive for CFO
(Sharecast News) - Variety store and garden centre operator B&M European Value Retail has appointed Atheeq Akbar as its next chief financial officer, with the former Asda executive set to join the group in February 2027.
Canaccord Genuity lowers target price on WH Smith
(Sharecast News) - Analysts at Canaccord Genuity cut their price target on WH Smith from 680p to 555p on Wednesday, after the retailer lowered profit guidance amid softer trading in North America and weaker passenger volumes across its travel estate.
Berkeley FY profits meet guidance, calls for 'strong political leadership' on housing
(Sharecast News) - Berkeley Group reported a drop in full-year profit that met its guidance on Wednesday as it called for "strong political leadership" on housebuilding and warned that London was on track to miss targets.
Segro rejects £12.6bn takeover approach from Prologis
(Sharecast News) - Shares in Segro soared on Wednesday, after the blue chip rebuffed a £12.6bn takeover approach from US real estate giant Prologis.
PHP confirms 'advanced' talks on possible joint venture
(Sharecast News) - Primary Health Properties confirmed it was in advanced talks with an unnamed investor on the potential formation of a joint venture involving its private hospital portfolio.
Revenues, earnings surge at ProCook
(Sharecast News) - ProCook Group posted a sharp rise in earnings on Wednesday, after it strengthened its retail offering.
THG interim revenues up 6.5pc, reiterates FY guidance
(Sharecast News) - Retailer THG said on Wednesday that first‑half revenues had grown around 6.5%, with earnings and cash flow improving, as the group reiterated full‑year guidance ahead of its annual general meeting.
Deutsche Bank hikes target price on Synthomer
(Sharecast News) - Deutsche Bank raised its price target on Synthomer to 92p from 62p on Tuesday, but kept its 'hold' rating, saying trading momentum and portfolio performance continued to improve.
IP Group says Railpen proposal 'materially undervalued' the company
(Sharecast News) - IP Group confirmed on Tuesday that it has rejected a takeover proposal from shareholder Railways Pension Trustee Company, or Railpen, as it "materially undervalued" the company.
Wednesday preview: Berkeley Group and ProCook results due
(Sharecast News) - On Wednesday, housebuilder Berkeley Group and kitchenware retailer ProCook will release full-year results.
Starling appoints former HSBC CEO Colin Bell as chair
(Sharecast News) - Starling said on Tuesday that it has appointed former HSBC chief executive Colin Bell as its new chair with effect from 1 July.
Profits fall at Royal Mail as costs rise
(Sharecast News) - Royal Mail-owner International Distribution Services posted a fall in annual profits on Tuesday, weighed down by "challenging" market conditions and higher costs.
Iomart reports wider adjusted annual loss
(Sharecast News) - Iomart reported a wider adjusted loss for the year on Tuesday as churn in legacy private cloud and backup services offset revenue growth from Atech, although the AIM-traded secure cloud services group said second-half profitability had improved and cost savings were on track.
Heineken appoints JDE Peet's Rafael Oliveira as CEO
(Sharecast News) - Heineken announced on Tuesday that it has appointed Rafael Oliveira as its new chief executive officer and chairman of the board.
Berenberg raises target price on Filtronic
(Sharecast News) - Berenberg lifted its price target on Filtronic from 360p to 440p, saying a new on‑satellite development contract underlines the company's growing traction in the space‑infrastructure market.
Big Technologies confident in meeting full-year expectations
(Sharecast News) - Big Technologies said on Tuesday that it remained confident of meeting market expectations for 2026 after making strong progress in the first half, supported by contract renewals, new business wins and growing adoption of its alcohol monitoring products.
JPMorgan European Growth shares fall despite full-year outperformance
(Sharecast News) - JPMorgan European Growth & Income reported a 20.1% total return on net assets for the year ended 31 March, outperforming its benchmark by 5.3 percentage points and extending its sector-leading performance record.
StubHub ordered to repay fans over hidden fees
(Sharecast News) - StubHub has been ordered to refund more than 50,000 customers after the ticket reseller failed to be upfront about its prices, it was announced on Tuesday.
Bunzl boosts outlook on robust first half
(Sharecast News) - British blue chip Bunzl boosted annual guidance on Tuesday, following a stronger-than-expected start to the year.
Telecom Plus shares tank by 25% on profit outlook, divi cut
(Sharecast News) - Shares in Telecom Plus plunged by a quarter on Tuesday as the utilities provider said it expected earnings next fiscal year to be lower and halved its dividend as it launched an ambitious five-year plan to more than double multi-service customer numbers to one million.
Labour MPs start jostling over Starmer succession, pick for finance minister
(Sharecast News) - Manoeuvrings to find a successor for UK Prime Minister Keir Starmer began in earnest as Labour Party MPs debated whether a candidate should be found to challenge heir apparent Andy Burnham.
CPPIB Holdco lowers stake in Unite Group
(Sharecast News) - Student accommodation provider Unite Group said on Tuesday that CPPIB Holdco has cut its stake in the company to 7%, triggering the departure of its nominated board representative, Thomas Jackson.
IP Group rejects takeover proposal from Railways Pension Trustee Company
(Sharecast News) - Railways Pension Trustee Company (Railpen) said on Monday that IP Group has rejected a takeover proposal of up to 74.7p per share.
Lloyds among parties exploring takeover of Aldermore - report
(Sharecast News) - Lloyds Banking Group is reportedly is among the parties exploring a potential takeover of Aldermore.
Fresnillo to take 5% stake in Sinda ahead of US IPO
(Sharecast News) - Precious metals miner Fresnillo said on Monday that it has agreed to buy a 5% stake in Sinda via a private placement concurrent to the Mexican silver exploration and development company's initial public offering and listing in the US.
Paragon Banking to sell vehicle and fleet subsidiary SFS for £85.6m
(Sharecast News) - Paragon Banking Group said on Monday that it has agreed to sell subsidiary Specialist Fleet Services Limited (SFS) to NRG Fleet Services for £85.6m.
Deutsche Bank hikes IAG target price after oil price slump
(Sharecast News) - Deutsche Bank has hiked target prices across the listed European airlines sector after the recent slump in oil following the US-Iran peace deal agreed last week, as concerns about supply disruptions eased significantly.
EasyJet rejects Castlelake's 625p per share bid
(Sharecast News) - Budget airline EasyJet has rejected Castlelake's third and highest non‑binding proposal as the private equity firm urged shareholders to consider the terms ahead of the 26 June "put‑up or shut‑up" deadline.
Ocado said to be lining up successor to CEO Tim Steiner
(Sharecast News) - Ocado said on Monday that its chief executive and the board "continually engage in long-term succession planning and regularly engage with potential candidates".
Synthomer reports continued strong trading
(Sharecast News) - Synthomer said on Monday that trading in the first half remained strong, with the speciality chemicals group expecting revenue, EBITDA and margins to improve year-on-year despite ongoing geopolitical and end-market uncertainty.
Babcock FY revenue rises but profit hit by frigate charge
(Sharecast News) - Babcock backed its FY27 expectations on Monday as it posted a rise in annual revenue but a dip in underlying operating profit as it took a hit from a charge on a contract.
Berenberg raises target price on Legal & General
(Sharecast News) - Analysts at Berenberg lifted their target price on Legal & General from 308p to 353p on Monday, saying growing confidence in the sustainability of the insurer's dividend growth was helping drive a stronger share price performance this year.
AEP to implement 10-for-one share split
(Sharecast News) - Palm oil producer Anglo-Eastern Plantations said it planned a 10-for-one share split "to enhance the affordability" of its stock and increase trading liquidity and marketability.
Great Portland Estates fully pre‑lets 30 Duke Street
(Sharecast News) - Property investment firm Great Portland Estates has fully pre‑let 30 Duke Street in St James's, SW1 after signing a final retail lease with Australian menswear brand MJ Bale.
Tuesday preview: Bunzl update, FedEx results in focus
(Sharecast News) - Tuesday will bring the release of full-year results from Telecom Plus and Gear4Music and a pre-close trading statement from Bunzl.
Pantheon Infra plans $55m investment in US-based Terra-Gen
(Sharecast News) - Pantheon Infrastructure said it was investing $55m (£41m) in US-based renewable energy platform Terra-Gen through a co-investment vehicle managed by Igneo Infrastructure Partners.
Synthomer agrees sale of Czech acrylate monomers business
(Sharecast News) - Synthomer announced on Friday that it has agreed to sell its Czech acrylate monomers business to Mutares, as the chemicals group continues to simplify its portfolio and focus on higher-margin speciality markets.
Ryanair extends CEO O'Leary's tenure to April 2032
(Sharecast News) - Budget airline Ryanair said on Friday that it has extended Michael O'Leary's tenure as chief executive following months of discussions and "extensive" engagement with the group's largest shareholder.
Entain mulls sale of European arm - report
(Sharecast News) - Ladbrokes-owner Entain is mulling a possible sale of its central and eastern Europe operations, it was reported on Friday.
Mobico signs revised German rail contracts
(Sharecast News) - Mobico said on Friday that it had signed revised German rail contracts with five public transport authorities in North Rhine-Westphalia and neighbouring regions.
Record reports lower annual profits despite rise in AuM
(Sharecast News) - Record reported lower annual profits on Friday despite a sharp rise in assets under management, as reduced performance fees, mandate changes and a higher tax charge weighed on earnings.
Annual losses balloon at Asda
(Sharecast News) - Supermarket chain Asda slumped to a near £1bn loss last year, it was reported on Friday, as it looks to cut prices and lure shoppers back.
Sunda Energy shares tank on notice to terminate Timor-Leste PSC
(Sharecast News) - Sunda Energy's share price shrank by a quarter on Friday after the Asia Pacific-focused gas explorer received a letter of notice from regulators to terminate the Chuditch production sharing contract in Timor-Leste.
REA Holdings still a 'speculative buy', says Canaccord Genuity
(Sharecast News) - Canaccord Genuity has reiterated a 'speculative buy' rating on palm oil producer REA Holdings despite recent falls in the stock, predicting that the share price could still more than double from current levels.
New Lloyd's consortium to provide extra cover for Strait of Hormuz
(Sharecast News) - A Lloyd's of London consortium has been set up to provide additional marine risk insurance for ships transiting the Strait of Hormuz, it was confirmed on Friday.
Unite Group slumps on discounted share placing
(Sharecast News) - Unite Group slumped on Friday after shareholder CPPIB European Student RE Holdings placed 36.2m shares in the company.
Barratt Redrow appoints Rebecca Napier as CFO
(Sharecast News) - UK housebuilder Barratt Redrow on Friday said it had appointed former Britvic and British Airways executive Rebecca Napier as chief financial officer with effect from August 3.
RBC Capital downgrades Admiral Group to 'sector perform'
(Sharecast News) - RBC Capital Markets downgraded insurance outfit Admiral Group from 'outperform' to 'sector perform' on Friday and cut its price target on the stock to 3,450p from 3,560p, saying it was taking a more cautious stance ahead of the insurer's half‑year results on 6 August.
Berenberg starts Meridian Mining at 'buy'
(Sharecast News) - Analysts at Berenberg initiated coverage of Meridian Mining with a 'buy' rating and a 168p price target, saying the recently listed group offers strong upside as it develops the Cabaçal gold‑copper‑silver project in Brazil.
PPHE Hotel says Fattal bid ruled out, new early‑stage interest received
(Sharecast News) - Hospitality business PPHE Hotel Group said on Friday that its independent committee had concluded that the £22 per share indicative offer from Fattal Hotel Group would not proceed after major shareholder Euro Plaza Holdings signalled its opposition.
Edenred confirms approach from investment funds, shares surge
(Sharecast News) - Edenred surged on Thursday after the French payment service provider confirmed it has been "approached in an exploratory way by investment funds".
Friday preview: UK retail sales, borrowing figures in focus
(Sharecast News) - There are no FTSE 350 corporate releases due on Friday, but investors will turn their attention to the latest UK borrowing and retail sales figures for May.
RBC Capital cuts Rathbones price target after regulatory update
(Sharecast News) - RBC Capital Markets cut its price target on Rathbones on Thursday to 1,950p from 2,400p following the company's surprise regulatory update earlier in the week, which it said will likely complicate and lengthen the group's turnaround story.
Berenberg downgrades Anglo American to 'hold'
(Sharecast News) - Berenberg downgraded Anglo American on Thursday to 'hold' from 'buy' as it took a look at metals and mining stocks, saying it was taking a "breather" following a strong share price performance.
FCA to take no action as it closes Drax probe
(Sharecast News) - Drax said on Thursday that the Financial Conduct Authority had closed its investigation into the company with no action to be taken.
Syncona reports broadly stable net asset value
(Sharecast News) - Syncona reported broadly stable net asset value for the year ended 31 March on Thursday, as gains at Beacon Therapeutics offset weakness elsewhere in its life sciences portfolio, while the healthcare investor reiterated plans to return at least £250m to shareholders.
Informa reaffirms outlook on strong start to the year
(Sharecast News) - Shares in Informa ticked higher on Thursday, after the media blue chip reaffirmed full-year guidance.
Intertek agrees £9.5bn takeover by Sweden's EQT
(Sharecast News) - Intertek said on Thursday that it has agreed to be taken over by Swedish private equity firm EQT in a £9.5bn deal.
HSBC slapped with A$35m fine over Australia scam protection failures
(Sharecast News) - HSBC has been fined AUD $35m after admitting it failed to protect Australian customers from being scammed out of their life savings.
FirstGroup beats forecasts with FY profits, announces £100m buyback
(Sharecast News) - FirstGroup's share price jumped on Thursday after the travel operator beat market forecasts with its full-year results despite "significant headwinds" and unveiled a new £100m share buyback.
XPS Pensions shares fall despite another year of revenue growth
(Sharecast News) - XPS Pensions reported its fourth consecutive year of double-digit revenue growth on Thursday, with full-year revenue rising 13% to £262.7m, supported by strong demand across advisory, administration and self-invested pensions.
Whitbread backs FY outlook, UK forward bookings ahead of last year
(Sharecast News) - Premier Inn owner Whitbread backed its full-year outlook on Thursday as it said forward bookings in the UK remain ahead of last year, supported by peak leisure bookings.
Workspace tells shareholders to 'take no action' over latest Saba push
(Sharecast News) - Workspace Group said on Thursday that it was reviewing a letter and accompanying presentation from Saba Capital Management, after the activist investor urged shareholders to back its proposed board nominees and value creation plan.
Tesco holds guidance despite slower sales growth in Q1
(Sharecast News) - Tesco held annual guidance despite a slowing of like-for-like sales in the first quarter as customers shunned higher prices and cheaper competitors fought for market share.
HSBC announces multi-year AI partnership with Google Cloud
(Sharecast News) - HSBC announced a multi-year partnership with Google Cloud on Wednesday to build and deploy artificial intelligence capabilities across the bank's operations.
Smiths News secures 'transformational' contract with News UK
(Sharecast News) - News wholesaler Smiths News said on Wednesday that it has secured a "transformational" long-term contract with News UK, publisher of 'The Sun', 'The Times' and 'The Sunday Times'.
JLR sets sights on strong US growth, greater customer choice
(Sharecast News) - Coventry-based auto giant JLR on Wednesday said it is refocusing its strategic ambitions on the North American market as it laid out plans to achieve double-digit revenue growth over the medium term.
Thursday preview: BoE announcement due; Tesco, Whitbread updates eyed
(Sharecast News) - Thursday will bring the release of full-year results from FirstGroup and XPS Pensions, first-quarter trading updates from Tesco and Whitbread and the latest policy announcement from the Bank of England.
Shore Capital sees big upside at Fuller, Smith & Turner after FY beat
(Sharecast News) - Shore Capital has reiterated its 'buy' rating on Fuller, Smith & Turner following last week's results from the pub group, saying that the company's growth potential isn't reflected in the current share price.
Saba steps up Workspace campaign with shareholder letter
(Sharecast News) - Saba Capital stepped up its campaign at Workspace Group on Wednesday, urging shareholders to back its six board nominees and arguing that a more aggressive programme of property disposals and share buybacks would unlock greater value than the company's recently unveiled strategy.
Tritax Big Box inks development agreement for Chelmsford data centre
(Sharecast News) - Real estate investment trust Tritax Big Box has signed a development management agreement with Tritax Management to deliver a 125mw data‑centre scheme in Chelmsford, the second project in its growing data‑centre pipeline.
Canaccord Genuity hikes target price on Zegona Communications
(Sharecast News) - Canaccord Genuity lifted its price target on Zegona Communications to 2,500p from 2,150p, saying the turnaround at Vodafone Spain was gathering pace and the business was now showing clear signs of renewed revenue growth.
Speedy Hire FY profits decline as margins narrow
(Sharecast News) - Tool hire provider Speedy Hire reported a drop in full-year profitability on Wednesday, with adjusted underlying earnings falling to £85.4m from £97.1m and the group swinging to an adjusted pre‑tax loss of £9.8m, compared with an £8.7m profit a year earlier.
Castings says demand still subdued as FY revenues fall
(Sharecast News) - Shares in Castings fell on Wednesday after the Midlands-based iron casting and machining group said full-year results reflected subdued demand across its end-markets, with revenues falling year-on-year.
Hays completes sale of six non-core assets, 'exploring options' for seven more
(Sharecast News) - Recruitment firm Hays said it is "exploring options" related to operations across a further seven non-core markets as it continues to focus on building leading positions in its primary regions.
Caledonia to invest £60m in garden centre operator Blue Diamond
(Sharecast News) - Caledonia Investments on Wednesday said it had agreed a £60m financing deal with garden centre operator Blue Diamond.
Berenberg lowers target price on LondonMetric Property
(Sharecast News) - Analysts at Berenberg cut their target price on LondonMetric Property from 282p to 252p on Wednesday after trimming their net tangible asset forecasts, citing a lower‑than‑expected FY26 valuation outcome and a higher cost‑of‑capital backdrop.
AO confident for year ahead as revenues, profits spark
(Sharecast News) - White goods retailer AO World posted a spike in earnings on Wednesday and reiterated its full-year outlook, despite an uncertain backdrop.
BAE Systems receives $535m contract with US Army
(Sharecast News) - Defence, aerospace and security solutions giant BAE Systems has announced a new contract worth $535m to produce howitzers and tanks for the US Army.
Wednesday preview: FOMC announcement, AO World results due
(Sharecast News) - Wednesday sees the release of full-year results from electricals retailer AO World and Speedy Hire, as well as the latest policy announcement from the US Federal Reserve.
RBC Capital Markets upgrades Currys to 'outperform'
(Sharecast News) - RBC Capital Markets upgraded Currys on Tuesday to 'outperform' from 'sector perform' and lifted the price target to 180p from 165p as it pointed to an attractive valuation and the potential for further share gains.
CMA clears AB Foods' acquisition of Hovis
(Sharecast News) - The Competition and Markets Authority has cleared Associated British Foods' £75m acquisition of Hovis.
SDCL Efficiency Income Trust encourages shareholders to back wind-down
(Sharecast News) - Energy solutions-focused investment trust, SDCL Efficiency Income Trust (SEIT), has recommended shareholders to vote in favour of a proposed wind-down following a period of a persistent share price discount to net asset value, causing shares to plummet on Tuesday.
RBC Capital downgrades Frasers, says risk/reward less favourable
(Sharecast News) - RBC Capital Markets downgraded Frasers Group on Tuesday to 'underperform' from 'sector perform' as it said the risk/reward was less favourable.
Rathbones shares slide on outcome of FCA engagement, review
(Sharecast News) - Rathbones shares were sliding on Tuesday after it said a skilled person review following engagement with the Financial Conduct Authority had identified areas for improvement in its UK Wealth Management business, including the implementation and embedding of Consumer Duty and aspects of compliance, oversight and assurance.
Everyman Media considering AIM delisting after shareholder support
(Sharecast News) - Shares in Everyman Media Group dropped on Tuesday after the premium cinema chain said that a possible delisting of the stock from AIM is "likely" due to the support of the proposal from a portion of shareholders.
IP Group portfolio company begins dosing patients in Phase 2 trial
(Sharecast News) - Science and technology investment firm IP Group said on Tuesday that portfolio company Istesso has begun dosing patients in a Phase 2 trial of its lead drug candidate, leramistat, targeting severe muscle loss in people with rheumatoid arthritis.
SThree posts drop in H1 net fees but hails strong growth in US
(Sharecast News) - SThree backed its full-year guidance on Tuesday as the recruiter posted a drop in first-half group net fees but said the rate of decline had moderated during the period, supported by strong growth in the USA.
Berenberg raises target price on James Fisher
(Sharecast News) - Analysts at Berenberg lifted their target price on James Fisher from 790p to 850p on Tuesday after attending the group's capital markets day earlier in June, saying it came away "very encouraged" about the growth prospects for its defence division.
Citi reiterates 'buy' rating on Shaftesbury
(Sharecast News) - Citi reiterated its 'buy' rating on Shaftesbury Capital on Tuesday, driven by historically opportunistic valuation levels and significant rental income support to earnings per share and net asset value.
Hilton Food taps Mark Clare for chairman, Mark Allen moves to CEO
(Sharecast News) - Food packaging business Hilton Food Group said on Tuesday that Mark Clare has been appointed independent non‑executive chair with effect from 1 July, while Mark Allen, currently executive chair, will step into the role of group chief executive on the same date.
IWG founder Mark Dixon steps aside as CEO, Christian Schmitz appointed
(Sharecast News) - International Workplace Group founder Mark Dixon on Tuesday said he was stepping aside as chief executive to become executive chair, with head of regions Christian Schmitz moving up to take the top job.
Thames Water rescue deal at risk after government raises concerns
(Sharecast News) - Thames Water edged closer to possible re-nationalisation on Tuesday after the government baulked at a proposed £10bn rescue plan put in place by the stricken utility's creditors.
JPMorgan downgrades Taylor Wimpey and Vistry, keeps Persimmon as 'top pick'
(Sharecast News) - JPMorgan said on Monday that Persimmon remains its "top pick" in the UK housebuilding sector, as it downgraded its stance on Taylor Wimpey and Vistry to 'underweight' from 'neutral'.
Salesforce to buy Fin for around $3.6bn
(Sharecast News) - Salesforce said on Monday that it has agreed to buy AI customer service platform Fin for around $3.6bn.
Citi downgrades Softcat to 'neutral' from 'buy'
(Sharecast News) - Citi downgraded Softcat to 'neutral' from 'buy' on Monday and lifted the price target to 1,950p from 1,550p as it argued that "even the best house in the neighbourhood has a price".
Activist investor Elliott snaps up stake in Bunzl - report
(Sharecast News) - Activist hedge fund Elliott Investment Management has snapped up a near 5% stake in British blue chip Bunzl, it was widely reported on Monday.
Vistry said to be offering voluntary redundancies, shares slide
(Sharecast News) - Vistry shares slid on Monday following a report the housebuilder has offered voluntary redundancies to employees as it tries to preserve cash to shore up its business.
Shore Capital downgrades B&M to 'hold'
(Sharecast News) - Shore Capital downgraded B&M European Value Retail on Monday to 'hold' from 'buy' as it pointed to limited near-term visibility, a slower start to FY27 and a strong share price recovery.
Long-running Luceco CEO to retire this year, shares tank
(Sharecast News) - Shares in Luceco dropped on Monday after the electrical products maker announced the retirement of its long-running chief executive.
Sigma Healthcare withdraws interest from Boots sale process
(Sharecast News) - Sigma Healthcare has officially walked away from the bidding process for UK cosmetics and pharmacy chain Boots, the Australian firm announced on Monday.
Berenberg lowers target price on WH Smith following second guidance downgrade
(Sharecast News) - Analysts at Berenberg cut their price target for retailer WH Smith from 574p to 420p on Monday after the group's third‑quarter update triggered a second guidance downgrade and an equity raise to shore up the balance sheet.
Beeks wins five-year, $3m software contract
(Sharecast News) - Beeks Financial Cloud has secured a five-year software contract worth $3.0m with an existing analytics customer, it announced on Monday, taking the total value of contracts won in June to about $10m.
Astrazeneca secures US approval for Truqap combo in PTEN‑deficient prostate cancer
(Sharecast News) - Drugmaker Astrazeneca said on Monday that its cancer drug Truqap, used with abiraterone and prednisone, has been approved in the US as the first targeted treatment for a form of advanced prostate cancer driven by a fault in the PTEN gene.
Big Yellow sells Harrow industrial estate for £38.4m
(Sharecast News) - Big Yellow said it has sold its industrial estate in Harrow, London, for £38.4m, subject to a £2m retention from the sale price, which will be released on the satisfaction of certain conditions.
TRIG offloads Beatrice stake, advances £400m disposal plan
(Sharecast News) - Renewable energy investment firm The Renewables Infrastructure Group has agreed to sell its 17.5% stake in the 588mw Beatrice offshore wind farm for around £155m, marking further progress towards its £400m, 12‑month capital‑recycling target.
Tuesday preview: BoJ, RBA policy announcements due
(Sharecast News) - There are no FTSE 350 corporate releases scheduled for release on Tuesday, but investors will turn their attention to the latest policy announcements from the Bank of Japan and the Reserve Bank of Australia.
Frasers launches £166m bid for Australia's Accent Group, shares fall
(Sharecast News) - Shares in Frasers fell on Monday as the Sports Direct owner said it had launched a bid to buy Australian footwear retailer Accent Group for £166m.
Oakley Capital not planning to bid for Gamma Communications
(Sharecast News) - Oakley Capital said on Friday that it does not plan to make a takeover offer for Gamma Communications.
Shell puts $3bn buyback on hold ahead of ARC shareholder vote
(Sharecast News) - Energy major Shell has announced it is pausing its $3bn share buyback programme for a month as it awaits the outcome of a shareholder vote by ARC Resources, which it is set to buy for $16.4bn.
Homeware retailer Dusk planning £300m London float - report
(Sharecast News) - Homeware retailer Dusk is reportedly planning a £300m float on the London Stock Exchange.
Henry Boot confirms CEO transition, appoints Stonebridge MD
(Sharecast News) - Henry Boot confirmed on Friday that Edward Hutchinson would become chief executive officer on 13 July, while also appointing Warren Thompson as managing director of its Stonebridge Homes division.
Citi upgrades Halma to 'buy', says shares no longer include photonics premium
(Sharecast News) - Citi upgraded Halma to 'buy' from 'neutral' on Friday and lifted the price target to 4,600p from 3,700p after the company's results a day earlier.
Verici Dx raises additional £0.19m through retail offer
(Sharecast News) - Verici Dx said on Friday that it had raised about £190,000 through its WRAP retail offer, taking total gross proceeds from the offer and an associated placing to approximately £2.6m.
McBride warns FY profits will miss expectations, shares slide
(Sharecast News) - McBride tumbled on Friday as the maker of own brand household products warned that full-year profit for this year and the next would fall short of analysts' expectations, citing cost increases due to the Iran war.
Shore Capital says 'buy' Tesco despite challenging Q1 comparatives
(Sharecast News) - Shore Capital has reiterated its 'buy' rating on Tesco ahead of the supermarket's first-quarter results next week, though it doesn't expect any big positive surprises with the company facing tough comparatives with last year.
Flutter to delist from London exchange
(Sharecast News) - FanDuel owner Flutter Entertainment is delisting from the London Stock Exchange in August and keeping its primary listing in New York, the company said on Friday.
Barclays acquires children's money platform GoHenry
(Sharecast News) - Barclays has agreed to acquire children's money management platform GoHenry from US fintech group Acorns, it announced on Friday, as the bank looked to strengthen its youth banking proposition and deepen relationships with families and mass-affluent households.
GSK's momelotinib receives orphan drug designation from US and EU watchdogs
(Sharecast News) - Drugmaker GSK said on Friday that its JAK inhibitor momelotinib has been granted orphan drug designation by both the US Food and Drug Administration and the European Medicines Agency for the treatment of VEXAS syndrome, a rare and severe autoinflammatory condition with no approved therapies.
Berenberg hikes target price on Rolls-Royce
(Sharecast News) - Analysts at Berenberg raised their price target for Rolls‑Royce from 1,270p to 1,430p on Friday and upgraded the stock from 'hold' to 'buy', citing the firm's best‑in‑class engine fleet and defensive qualities.
Kier wins two-year maintenance contract extension from South West Water
(Sharecast News) - Infrastructure group Kier on Friday said it had won an extension to continue delivering maintenance and improvements across South West Water's network over the next two years.
German inflation confirmed at 2.7% in May
(Sharecast News) - German inflation eased slightly to 2.7% in May, according to official data published on Friday, confirming flash estimates.
Toscafund gets extension to deadline for Spire takeover offer
(Sharecast News) - Spire Healthcare said on Thursday that the 'put up or shut up' deadline for Toscafund Asset Management to make a takeover offer has been extended to allow for further talks and due diligence.
Canaccord Genuity slightly lowers target price on Cleantech Lithium
(Sharecast News) - Analysts Canaccord Genuity cut their target price on CleanTech Lithium from 19p to 17p on Thursday, but reiterated their 'speculative buy' rating after updating its model to reflect the company's recent equity raise and convertible loan note conversion.
Canaccord Genuity slightly lowers target price on Cleantech Lithium
(Sharecast News) - Analysts Canaccord Genuity cut their target price on CleanTech Lithium from 19p to 17p on Thursday, but reiterated their 'speculative buy' rating after updating its model to reflect the company's recent equity raise and convertible loan note conversion.
Trump threatens to hit Iran 'very hard', take Kharg Island
(Sharecast News) - Donald Trump said on Thursday that he would hit Iran "very hard" and take control of the country's vital oil hub, Kharg Island.
FRC launches probes into MFS auditors after firm's collapse
(Sharecast News) - The Financial Reporting Council has launched an investigation into three accountancy firms and several individuals linked to the collapse of the mortgage lender Market Financial Solutions earlier this year.
Flutter CEO predicts strong customer additions as World Cup kicks off
(Sharecast News) - The chief executive of gambling firm Flutter Entertainment has said he expects the upcoming World Cup to present a big customer-acquisition opportunity, predicting up to 100,000 bets a minute at peak times.
Safestore returns to underlying earnings growth
(Sharecast News) - Safestore reported a return to underlying earnings growth in its first half on Thursday, as revenue rose across all markets and recent store openings began to contribute to performance.
Derwent London appoints Jonathan Murphy as CEO
(Sharecast News) - Derwent London said on Thursday that it has appointed Jonathan Murphy as chief executive and an executive director with effect from 1 September.
Berenberg lowers target price on Bellway
(Sharecast News) - Berenberg cut its target price on Bellway from 2,800p to 2,100p on Thursday after trimming its profit forecasts following the housebuilder's latest trading update.
NCC rules out possible sale, sees interim earnings spark
(Sharecast News) - Cyber security and resilience specialist NCC Group ruled out a potential sale on Thursday, as it posted an uplift in half-year earnings.
Heathrow May passenger numbers fall 1.2%
(Sharecast News) - UK airport Heathrow on Thursday reported a drop in passenger numbers last month as the US-Israeli war on Iran and Lebanon hit travel demand.
Grafton targets double‑digit EPS growth
(Sharecast News) - Construction products distributor Grafton said on Thursday that it would set out its medium‑term strategy and financial ambitions at a capital markets event in London later today.
EQT gets deadline extension for Intertek takeover offer
(Sharecast News) - Intertek said on Thursday that the 'put up or shut up' deadline for EQT to make a takeover offer has been extended as the Swedish private equity firm needs more time for due diligence.
Great Portland Estates flags robust start to the year
(Sharecast News) - London landlord Great Portland Estates said it had made a "strong" start to the year on Thursday, after securing a clutch of leasing deals.
UK regulator starts probe into Ryanair over parent seat fees
(Sharecast News) - Britain's competition watchdog on Thursday launched an investigation into European budget airline Ryanair on over fees that parents must pay to guarantee a seat next to their children on flights.
Friday preview: Hotly anticipated SpaceX IPO, UK GDP in focus
(Sharecast News) - There are no FTSE 350 releases of note due on Friday, but investors will eye the eagerly-awaited SpaceX IPO and the April GDP reading for the UK.
Wizz Air suspends guidance; FY earnings beat expectations
(Sharecast News) - Low-cost airline Wizz Air said it had suspended guidance for 2027, citing a lack of visibility due to the Iran war, but posted better-than-expected annual earnings driven by higher capacity and cost control.
PayPoint posts record annual profits
(Sharecast News) - PayPoint reported record annual profits on Thursday and said it had begun a reorganisation aimed at supporting the next stage of growth.
Foresight Group disposes of public markets arm
(Sharecast News) - Investment manager Foresight Group said on Thursday that it has agreed to sell its public markets arm, Foresight Capital Management, to Guinness Global Investors as it continues to streamline the business and sharpen its focus on core areas.
Shares in Halma plunge despite earnings beat
(Sharecast News) - Shares in Halma tanked on Thursday, despite a jump in full-year earnings, after a conservative outlook from the safety equipment and life-saving technology specialist disappointed.
Frasers launches €1.98bn takeover offer for Hugo Boss
(Sharecast News) - Mike Ashley's Frasers Group said on Wednesday that it was launching a €1.98bn (£1.73bn) takeover offer for Hugo Boss.
Thursday preview: ECB announcement, Halma results in focus
(Sharecast News) - Thursday will see the release of full-year results from safety equipment firm Halma and budget airline Wizz Air, along with quarterly results from Adobe in the US.
Blue Concept not planning to bid for Deltic Energy
(Sharecast News) - Sweden's Blue Concept said on Wednesday that it does not plan to make an offer for AIM-listed North Sea operator Deltic Energy.
Motorpoint continues to outperform the market as FY profit, revenue rise
(Sharecast News) - Motorpoint reported a jump in full-year profit and revenue on Wednesday as it continues to outperform the wider used car market.
Thames Water faces £749m bill under creditor bailout - report
(Sharecast News) - Thames Water could face a £749m bill if a proposed deal handing senior creditors control of the embattled utility goes through, it was reported on Wednesday.
DCC minded to recommend sweetened offer from KKR, Energy Capital
(Sharecast News) - DCC said on Wednesday that it has received an improved takeover proposal from US private equity firm KKR and Energy Capital Partners at 6,672.22p per share that it would be minded to recommend to shareholders.
EnQuest shares surge on $833m Malaysian deal
(Sharecast News) - EnQuest surged on Wednesday after the energy company agreed to buy interests in four offshore production sharing contracts in Malaysia for $833m.
Improving real estate market boosts TR Property
(Sharecast News) - TR Property Investment Trust posted a jump in annual revenue earnings on Wednesday, as conditions picked up across the real estate sector.
Clarksons appoints BP's Niamh Staunton as CFO
(Sharecast News) - Clarksons said on Wednesday that it has appointed Niamh Staunton as chief financial officer following a comprehensive selection process.
Berenberg hikes target price on DCC
(Sharecast News) - Analysts at Berenberg lifted their target price on energy sales and distribution business DCC from 6,300p to 6,700p on Wednesday as they highlighted what they see as a "meaningful opportunity" for the group as it transitions into a pure‑play energy business.
Pennon swings to full-year profit
(Sharecast News) - Pennon said on Wednesday that it swung to a full-year profit, as it conceded that it needs to "rebuild trust" following a parasitic outbreak in Devon.
Workspace posts £102.5m FY pre-tax loss as net rental income falls
(Sharecast News) - Flexible office space business Workspace posted a softer set of full‑year numbers on Wednesday, with earnings hit by lower rental income and a further drop in property valuations.
Fuller, Smith & Turner cheers solid year, eyes bumper summer
(Sharecast News) - Shares in Fuller, Smith & Turner fizzed in early trading on Wednesday, after the 181-year-old pubs group posted above-forecast annual earnings and toasted a strong start to the current year.
UK govt approves Tritax data centre, shares spark
(Sharecast News) - Shares in Tritax Big Box jumped on Wednesday after the government approved planning permission for its data centre outside London after months of delays.
Vodafone, PPC mulling Greek fibre joint venture
(Sharecast News) - Vodafone Greece and Public Power Corporation have entered into heads of terms to create a potential 50:50 joint venture made up of their respective fibre to the home and wholesale fibre businesses in Greece.
Ceres Power raises £103m via share placing and retail offer
(Sharecast News) - Clean energy technology firm Ceres Power said on Wednesday that it had raised £103m through a non‑pre‑emptive share placing and retail offer.
Boots weighs up possible $10bn takeover
(Sharecast News) - Australia's Sigma Healthcare is in early discussions about a potential $10bn takeover of British health and beauty retailer The Boots Group, it was confirmed on Wednesday.
WH Smith warns on profits for second time, shares plunge
(Sharecast News) - WH Smith cut profits guidance for the second time this year on Wednesday, sending shares in the retailer tumbling, as war in the Middle East curtailed travel and weighed on consumer demand.
Morgan Stanley reiterates 'underweight' on PageGroup, slashes price target
(Sharecast News) - Morgan Stanley reiterated its 'underweight' rating on PageGroup on Tuesday and slashed the price target, as it "neutralised" its rating on recruitment peer Hays to 'equalweight' from 'underweight'.
Wednesday preview: WH Smith trading update, US CPI due
(Sharecast News) - Wednesday will see the release of full-year results from pub group Fuller, Smith & Turner and water company Pennon, as well as a trading update from retailer WH Smith.
BP unveils plans to simplify organisational structure
(Sharecast News) - Oil major BP on Tuesday set out plans to reorganise the business into the two units, Upstream and Downstream, as it attempts to streamline and become more efficient.
Shore Capital upgrades On the Beach, says risk is priced in
(Sharecast News) - Shore Capital upgraded On the Beach on Tuesday to 'buy' from 'hold' as it said risk was now priced in.
Shares in Seraphim soar on ICEYE fundraising
(Sharecast News) - Shares in Seraphim Space Investment Trust rocketed on Tuesday, after its largest holding announced a multi-million euro fundraising, boosting its valuation.
Costain secures place on TfL infrastructure framework
(Sharecast News) - Costain said on Tuesday that it has been selected by Transport for London as one of three contractors on its Infrastructure Improvement Framework, which is valued at £700m.
Consumer spending sparks in May despite geopolitical uncertainty - Barclays
(Sharecast News) - Consumer spending on debit and credit cards sparked in the UK in May, industry data showed on Tuesday, despite heightened geopolitical volatility and rising costs.
Berenberg starts coverage of WPP, Publicis and Havas at 'buy'
(Sharecast News) - Berenberg initiated coverage of advertising companies WPP, Publicis and Havas on Tuesday with 'buy' ratings.
Deutsche Bank raises target price on AJ Bell
(Sharecast News) - Analysts at Deutsche Bank lifted their target price for AJ Bell from 600p to 675p on Tuesday as they updated the stock's valuation to reflect improved distribution economics.
BASF-nominated Harbour Energy director exits as German firm cuts stake
(Sharecast News) - BASF's representation on Harbour Energy's board has been reduced with removal of one of two of its nominated directors, as the German chemical giant continues to lower its position in the UK-listed oil explorer.
Oxford Instruments shares fall despite results ahead of expectations
(Sharecast News) - Oxford Instruments shares fell more than 6% on Tuesday morning despite the company reporting full-year results slightly ahead of expectations, as investors focused on weaker revenue, lower adjusted profit and pressure in its Advanced Technologies division.
FRC to probe PwC's 2024 audit of WHSmith
(Sharecast News) - The Financial Reporting Council opened an investigation into PwC's audit of WH Smith's accounts for the year ended 31 August 2024 on Tuesday, adding to regulatory scrutiny of the travel retailer after it disclosed inflated earnings in its North American business.
Keller secures $207m variation to I-40 contract
(Sharecast News) - Geotechnical contractor Keller said on Tuesday that it has been awarded a contract variation order in relation to the reconstruction of the I-40 highway in the US.
GSK to buy Boston-based biopharma firm Nuvalent for $10.6bn
(Sharecast News) - GSK said on Tuesday that it has agreed to buy Boston-based oncology-focused biopharmaceutical firm Nuvalent for $10.6bn (£7.9bn).
Breedon acquires Falling Springs Quarry for $120m
(Sharecast News) - Construction materials group Breedon Group said on Tuesday that it had acquired limestone quarry Falling Springs Quarry for $120m.
Bellway sees softer demand, rising building costs
(Sharecast News) - UK housebuilder Bellway held guidance but said customer demand had moderated in recent weeks after a positive start to the spring selling season as geopolitical tensions pushed energy and fuel costs higher.
Exane BNPP upgrades Bunzl to 'outperform'
(Sharecast News) - Exane BNP Paribas upgraded Bunzl to 'outperform' from 'neutral' on Tuesday and hiked the price target to 3,000p from 2,450p as it said the market has priced the company for permanent damage, but overshot.
Molten Ventures reports sharp rise in profit, ICEYE valuation uplift
(Sharecast News) - Molten Ventures reported a sharp rise in annual profit and net asset value on Tuesday, alongside a further valuation uplift from portfolio company ICEYE after the satellite intelligence business completed a major funding round.
AMD pledges to invest £2bn into UK AI innovation and research
(Sharecast News) - American semiconductor giant AMD announced a commitment to invest £2bn in the UK over the next five years to accelerate AI innovation and research.
Corning surges on multibillion-dollar Amazon deal
(Sharecast News) - Corning surged on Monday after Amazon announced a multibillion-dollar agreement with the technology company - which manufactures advanced glass and fibre optic technology - that will create 1,000 new jobs.
Ofwat expected to hold crucial Thames Water talks in 'coming days'
(Sharecast News) - Ofwat is expected to hold discussions this week about a potential rescue deal for debt-laden Thames Water as speculation mounts about possible nationalisation of the utility company.
Zealand Pharma tumbles on drug trial disappointment
(Sharecast News) - Shares of Zealand Pharma tumbled on Monday after the Danish pharmaceutical group said one in five patients dropped out of a trial of Boehringer Ingelheim's experimental survodutide obesity drug due to gastrointestinal side effects.
Deutsche bank starts TP Icap at 'buy'
(Sharecast News) - Deutsche Bank initiated coverage of interdealer broker TP Icap at 'buy' with a 415p price target on Monday as it said it was "more than a cyclical broker".
Deutsche Bank cuts targets for utility stocks as Labour leadership speculation rises
(Sharecast News) - Deutsche Bank has downgraded its rating on National Grid from and lowered target prices for stocks across the UK-listed utilities sector, highlighting the risk of heightened political risk as speculation builds about a change in Labour leadership.
May warm weather sends Britons into buying frenzy
(Sharecast News) - A few days of warm weather sent Britons into a retail buying frenzy last month as shoppers bought summer essentials such as sunglasses and sandals, according to a survey published on Tuesday.
Tate & Lyle to be acquired by Ingredion in £2.7bn deal
(Sharecast News) - Tate & Lyle has agreed to be taken over by US peer Ingredion in a £2.7bn deal, it was confirmed on Monday, sending shares in the British firm soaring.
Balfour Beatty says post-scandal monitoring of US unit has ended
(Sharecast News) - Balfour Beatty said a long-running compliance monitoring of its US subsidiary Balfour Beatty Communities had ended after a fraud scandal involving military housing that resulted in a £49m fine in 2021.
Tuesday preview: Bellway update, China trade data in focus
(Sharecast News) - Tuesday looks set to be a fairly quiet day in terms of corporate news, but investors will turn their attention to a trading update from housebuilder Bellway.
Georgia Capital offloads housing development business
(Sharecast News) - London-listed investment firm Georgia Capital has sold its housing development business, m2, for an undisclosed sum, which it says will improve its net capital commitment ratio.
Canaccord Genuity encouraged by B&M's turnaround, stays at 'buy'
(Sharecast News) - Canaccord Genuity has reiterated its 'buy' rating for B&M European Value Retail, saying it was encouraging by this week's annual results which showed the discount retailer's turnaround plan was "gaining traction".
Crest Nicholson lenders hire A&M for help with restructuring - report
(Sharecast News) - Lenders to housebuilder Crest Nicholson have reportedly hired a leading team of restructuring experts for crucial talks aimed at easing pressure on its balance sheet.
Openwork Partnership joins suitors for Schroders' Benchmark - report
(Sharecast News) - The Openwork Partnership has reportedly joined a pack of suitors circling Schroders' financial planning unit, Benchmark.
RBC Capital downgrades DiscoverIE, says valuation back in line with history
(Sharecast News) - RBC Capital Markets downgraded DiscoverIE on Friday to 'sector perform' from 'outperform' as it said the valuation is now back in line with history.
Empyrean Energy shares jump as drill rig secured for Mako field
(Sharecast News) - Shares in Empyrean Energy surged on Friday morning after the AIM-listed oil and gas explorer moved closer to drilling the Mako Gas Field offshore Indonesia after securing a jack-up drilling rig.
Evoke accepts £243m takeover from Bally's Intralot, shares surge
(Sharecast News) - William Hill UK owner Evoke on Friday said it had accepted a £243m takeover offer from Bally's Intralot, sending shares in the company surging by 14%.
Bodycote says Apollo has pulled £1.5bn offer, shares slump
(Sharecast News) - Bodycote said Apollo Management had pulled out of its proposed £1.5bn offer for the UK thermal processing company, sending its shares down 12%.
Raspberry Pi lifts FY26 outlook as H1 profits surge
(Sharecast News) - Technology firm Raspberry Pi said on Friday that "strong" first‑half profitability was now expected to be "materially ahead" of last year, prompting an upgrade to its full-year outlook.
Berenberg bumps up target price on Anglo American ahead of Teck merger
(Sharecast News) - Analysts at Berenberg hiked its target price on mining giant Anglo American from 4,000p to 4,200p on Friday as it said the market was overlooking the consensus upside from its planned merger with Teck.
Financier Lex Greensill banned from UK director posts for nine years
(Sharecast News) - Australian sugar farmer turned financier Lex Greensill has been banned from acting as a company director in the UK for nine years for his role in the collapse of his Greensill Capital group.
Ceres Power tumbles after Panmure downgrade to 'sell'
(Sharecast News) - Ceres Power tumbled on Thursday after Panmure Liberum downgraded the shares to 'sell' from 'buy'.
Citi upgrades Puma to 'buy', shares spark
(Sharecast News) - Puma shot higher on Thursday after Citi upgraded the sportswear brand to 'buy' from 'neutral' and hiked the price target to €35 from €27.50.
Berenberg cuts target price on ICG, reiterates 'buy' rating
(Sharecast News) - Berenberg lowered its target price on private capital asset manager ICG from 2,800p to 2,670p on Thursday, but also argued the 'buy'-rate stock had been "unfairly caught up in sector readacross".
JD Sports planning sale of Billionaire Boys Club streetwear brand licence - report
(Sharecast News) - JD Sports Fashion is reportedly exploring a sale of the wholesale business which owns a licence to the Billionaire Boys Club streetwear brand founded by music star Pharrell Williams.
UK stocks hit as Beijing cracks down on capital outflows
(Sharecast News) - Shares some of the UK's biggest financial stocks tumbled on Thursday, on reports banks were restricting investment accounts following moves by Beijing to crack down on capital outflows.
EV demand lifts new car sales, but zero-emission transition still behind target
(Sharecast News) - New car sales across the UK registered their best May performance in seven years last month, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT), with registrations up 7.1% over the previous year.
RBC Capital Markets lowers target price on Endeavour Mining
(Sharecast News) - Analysts at RBC Capital Markets cut its target price on gold miner Endeavour Mining from 6,000p to 5,100p on Thursday, after lowering its gold price assumptions for 2026 and 2027.
Bill Ackman's Pershing exits Universal Music stake
(Sharecast News) - Universal Music Group shares fell on Thursday after Bill Ackman's Pershing Square exited its €1.4bn stake in the company, just days after the world's largest music group rejected a takeover proposal from the hedge fund billionaire.
S4 Capital flags tough trading amid volatile macro conditions
(Sharecast News) - Digital advertising and marketing firm S4 Capital said on Thursday that trading through 2025 had continued to reflect volatile macro conditions, with tariff negotiations and geopolitical risks keeping clients cautious.
Friday preview: Non-farm payrolls in the spotlight
(Sharecast News) - There are no FTSE 350 corporate releases due on Friday, so investors will turn their attention to the non-farm payrolls report, average earnings and unemployment rate for May.
Mitie upbeat after jump in annual earnings
(Sharecast News) - Mitie Group said on Thursday that it had started the current year on the front foot, after posting a jump in annual earnings.
CMC Markets sees 2027 operating income above forecasts, shares surge
(Sharecast News) - Shares in CMC Markets surged 15% on Thursday as the financial services company said it expected fiscal 2027 net operating income to beat forecasts after posting a rise in profits for the 12 months to March 31.
Great Portland Estates signs three further lettings at City Tower
(Sharecast News) - Property developer Great Portland Estates has secured three further lettings at City Tower, EC2, taking leasing of the recently refurbished space to 69%.
Lloyds, Halifax, Bank of Scotland customers report online banking outages
(Sharecast News) - Customers across the banking subsidiaries of Lloyds Banking Group were affected by app outages on Wednesday, with thousands thought to be unable to access online banking.
Goldman Sachs starts WPP at 'sell'; Publicis, Omnicom initiated at 'buy'
(Sharecast News) - Goldman Sachs initiated coverage of WPP, Publicis and Omnicom on Wednesday as it took a look at the European media sector.
Currys appoints insider Fredrik Tonnesen as CEO
(Sharecast News) - Electricals retailer Currys on Wednesday said it had appointed insider Fredrik Tønnesen as chief executive to replace Alex Baldock.
Seraphim Space Invesment Trust shares fall despite sharp rise in NAV
(Sharecast News) - Seraphim Space Investment Trust shares fell more than 6% on Thursday morning, despite the company reporting a sharp rise in third-quarter net asset value, as investors appeared to focus on the portfolio's heavy reliance on unrealised valuation gains and its large exposure to ICEYE.
Ecofin Global Utilities and Infrastructure Trust posts strong first half
(Sharecast News) - Ecofin Global Utilities and Infrastructure Trust reported a strong first-half performance on Wednesday, with both its net asset value and share price rising as listed infrastructure and utility holdings benefited from accelerating power demand and infrastructure investment.
Canaccord Genuity lowers target price on GB Group
(Sharecast News) - Canaccord Genuity cut its target price on GB Group from 400p to 365p on Wednesday, saying additional investment in the company's new Go platform would weigh on near‑term margins despite a solid recent update.
DiscoverIE reports higher revenue and earnings, narrower margin
(Sharecast News) - DiscoverIE Group shares fell almost 7% on Wednesday morning despite the customised electronics manufacturer reporting higher full-year revenue and earnings, as investors focused on margin pressure and a modest profit increase after a year of acquisitions and investment.
Ninety One shares fall despite higher full-year earnings
(Sharecast News) - Ninety One shares fell more than 7% on Wednesday despite the asset manager reporting higher full-year earnings and a return to annual net inflows, as investors appeared to focus on the quality of asset growth and only modest growth in statutory profit.
Ofgem orders OVO to pay £10.4m over prepayment‑meter failings
(Sharecast News) - UK energy watchdog Ofgem said on Wednesday that OVO Energy has agreed to pay roughly £10.4m in redress after an investigation found that failings in its processes between 2018 and 2024 may have put prepayment‑meter customers at risk.
Tritax Big Box disposes of six logistics assets for £199m
(Sharecast News) - Real estate investment trust Tritax Big Box said on Wednesday that it has sold six logistics assets to EQT Real Estate for a total cash consideration of £199m as it looks to invest further into higher returning development-led logistics and data centre opportunities.
Tritax Big Box disposes of six logistics assets for £199m
(Sharecast News) - Real estate investment trust Tritax Big Box said on Wednesday that it has sold six logistics assets to EQT Real Estate for a total cash consideration of £199m as it looks to invest further into higher returning development-led logistics and data centre opportunities.
Howden Joinery to buy DIY Kitchens for £390m
(Sharecast News) - Howden Joinery said on Wednesday that it has agreed to buy the parent company of Ultima Furniture Systems Limited, trading as DIY Kitchens, for £390m.
RBC Capital Markets nudges down target price on Chemring
(Sharecast News) - Analysts at RBC Capital Markets slightly lowered their target price on aerospace and defence firm Chemring from 600p to 580p on Wednesday as it acknowledged second half execution risks still remained.
UK regulator says publishers can opt out of Google AI search summaries
(Sharecast News) - Britain's competition watchdog on Wednesday said web publishers and news organisations will now be able to opt out of artificial intelligence overviews of Google search results.
Cost of doing business nearing 'tipping point', warns CBI
(Sharecast News) - The Confederation of British Industry will warn on Thursday that the soaring costs facing businesses, including a "record" tax burden, are putting jobs and investment at risk.
Currys appoints insider Fredrik Tønnesen as CEO
(Sharecast News) - Electricals retailer Currys on Wednesday said it had appointed insider Fredrik Tønnesen as chief executive to replace Alex Baldock.
Energean's Angola acquisition in doubt after partner seeks to pre‑empt
(Sharecast News) - Exploration and production firm Energean said on Wednesday that Chevron had notified the group that Etu Energias has moved to exercise its pre‑emption rights over Energean's planned acquisition of interests in Blocks 14 and 14K offshore Angola.
Thursday preview: US initial jobless claims, Remy Cointreau results due
(Sharecast News) - Thursday will see the release of full-year results from Mitie Group, CMC Markets, Capital Gearing Trust and French drinks maker Remy Cointreau, while Lululemon Athletica will publish quarterly numbers across the pond.
Shares jump at B&M despite slump in annual profits
(Sharecast News) - Shares in B&M European Value Retail surged on Wednesday, after the retailer posted a smaller-than-expected slide in annual profits, despite being hit hard by weaker sales in the UK and soaring costs.
Shore Capital upgrades Transact owner IntegraFin to 'buy'
(Sharecast News) - Shore Capital upgraded IntegraFin to 'buy' from 'hold' on Tuesday and lifted the price target to 400p from 350p as it said the Transact owner is "an excellent business, properly undervalued".
Home Bargains said to be planning swoop on pottery brand Denby
(Sharecast News) - Home Bargains is reportedly plotting a swoop on the historic Denby pottery brand two months after it collapsed into administration.
Rosebank Industries rallies as Citi, Jefferies reinstate coverage at 'buy'
(Sharecast News) - Rosebank Industries rallied on Tuesday after both Citi and Jefferies reinstated coverage of the shares at 'buy'.
Secure Trust bank CFO Rachel Lawrence to retire next year
(Sharecast News) - Secure Trust Bank said on Tuesday that chief financial officer Rachel Lawrence plans to retire in the first half of 2027 after six years with the specialist lender.
Paragon Banking H1 profits drop, loan book up
(Sharecast News) - Paragon Banking reported a rise in its first-half net loan book on Tuesday, but a drop in profits as it was hit by impairments, while mortgage lending fell.
Elementis announces €35m buyback, shares spark
(Sharecast News) - Elementis shot higher on Tuesday after saying it will return around $35m of net cash proceeds to shareholders following completion of the sale of its pharmaceutical manufacturing business.
GB Group warns of margin hit from investment, shares fall
(Sharecast News) - GB Group shares fell on Tuesday after the identity and location technology company said a one-off £6m investment in its GBG Go platform would hit margins next year, overshadowing higher underlying earnings and improving revenue momentum.
Wizz Air reports sharp rise in passenger numbers in May
(Sharecast News) - Wizz Air reported a sharp rise in May passenger numbers on Tuesday, as capacity increased into the summer season, while its load factor improved year on year.
British Land names Oxford Properties' Joanne McNamara chief executive
(Sharecast News) - British Land has named Joanne McNamara as its next chief executive, it was confirmed on Tuesday, the first woman to take up the role in the blue chip's 170-year history.
Wednesday preview: B&M, Inditex, Broadcom results eyed
(Sharecast News) - Wednesday will bring the release of full-year results from discount retailer B&M European Value Retail, Discoverie and Ninety One, while first-quarter numbers from Zara owner Inditex will also be in focus.
Chemring hails record order book amid military ramp up
(Sharecast News) - UK defence company Chemring on Tuesday reported a record order book at the half-year stage and held full-year guidance as governments continued to ramp up military spending.
British American Tobacco maintains guidance as US and new-category momentum strengthens
(Sharecast News) - Tobacco giant British American Tobacco said on Tuesday that it was firmly on track to deliver full-year guidance, driven by continued US delivery and new category momentum.
Tuesday preview: British American Tobacco, Palo Alto in focus
(Sharecast News) - Tuesday sees the release of a first-half pre-close trading update from British American Tobacco, half-year results from Paragon Banking and full-year results from GB Group.
EnSilica wins seven-year, $75m manufacturing and supply contract
(Sharecast News) - EnSilica said on Monday that it had won a seven-year manufacturing and supply contract expected to generate about $75m in revenue with a German manufacturer of automotive components.
UK signs £36m deal with Thales to buy more drone hunting missiles
(Sharecast News) - Britain on Monday said it had signed new contracts worth £36m with defence company Thales to supply hundreds of lightweight multirole missiles (LMM) for the country's armed forces.
Canaccord Genuity cuts target price for Cerillion but stays bullish
(Sharecast News) - Shares in Cerillion dropped on Monday on the back of weaker first-half results, though broker Canaccord Genuity maintained a positive view on the stock, predicting a strong second half from the the billing, charging and customer relationship management software provider.
Ofcom launches probe into Royal Mail over ongoing delivery failures
(Sharecast News) - Ofcom said on Monday that it has opened an investigation into Royal Mail following the delivery group's ongoing failure to meet agreed delivery targets, saying the company's performance "falls well short" of expectations.
Hunting chief executive to retire after a decade in the role
(Sharecast News) - The long-serving chief executive of Hunting is to retire after more than 30 years at the engineer, it was announced on Monday.
Sirius Real Estate raises dividend as full-year profit rises
(Sharecast News) - Sirius Real Estate reported higher full-year profit and raised its dividend for a 25th consecutive distribution on Monday, as rental growth, acquisitions and valuation gains supported the business parks operator's performance.
Shore Capital upgrades AJ Bell after 'amazing' first-half beat
(Sharecast News) - Shore Capital has upgraded its rating on AJ Bell from 'hold' to 'buy' after an "amazing beat" from the investment platform with its interim results two weeks ago.
Shares plunge as Wise faces European probe
(Sharecast News) - Shares in Wise tanked on Monday after it emerged the fintech is being investigated over potential money laundering failures.
JPMorgan says easyJet suitor Castlelake is 'credible'; highlights stumbling blocks
(Sharecast News) - JPMorgan said in a research note on Monday that Castlelake is "credible" after the US investment firm confirmed it is in the early stages of considering a takeover offer for easyJet, but that no approach had been made.
Berenberg cuts Whitbread target price, flags ambitious five‑year plan
(Sharecast News) - Berenberg lowered their target price on Premier Inn owner Whitbread from 2,900p to 2,280p on Monday as it said the firm had delivered the operational "reset" it had outlined earlier in the year, but argued that the company's new five‑year plan still relies on ambitious assumptions and remains heavily weighted toward later years.
Applied Nutrition FY trading running ahead of expectations
(Sharecast News) - Sports nutrition company Applied Nutrition said on Monday that trading for the year ending 31 July was running ahead of expectations, with revenues now forecast to come in at roughly £148m and underlying earnings margins to be in line with consensus estimates, excluding the impact of a newly announced US acquisition.
Bally's Intralot in talks with TPG about £225m bid for Evoke - report
(Sharecast News) - Shares in gambling and gaming group Evoke jumped on Monday, after it was reported that private equity firm TPG was being lined up to help fund a possible £225m takeover by Bally's Intralot.
RBC Capital slightly lower lowers target price on Hollywood Bowl
(Sharecast News) - Analysts at RBC Capital Markets slightly lowered their target price on ten-pin bowling centres operator Hollywood Bowl from 420p to 415p on Monday, updating its model following the firm's interim results.
EasyJet says bid from Castlelake would be 'highly opportunistic'
(Sharecast News) - EasyJet said on Monday that it is not in talks with Castlelake after the US investment firm announced late on Friday that it was in the early stages of considering a possible offer for the budget airline.
ME Group shares tank on profit warning as Iran war hits revenues
(Sharecast News) - Shares in ME Group International tanked more than 26.5% on Monday after the self-service equipment company warned annual profits would be lower as the Iran war hit revenues at its photo-booth and laundry businesses in the first half of the fiscal year.
Drax to acquire Bluefield Solar Income Fund in £561m deal
(Sharecast News) - Renewable energy business Drax has agreed to acquire Bluefield Solar Income Fund in a cash deal worth about £548m, with an additional 2.25p dividend taking the total offer to 94.824p per share - a 31% premium to BSIF's 4 November 2025 closing price, the last trading day before the offer period began.
France's Lactalis buys Protein Works
(Sharecast News) - France's Lactalis said on Monday that it has bought the UK's Protein Works.
German inflation eases in May
(Sharecast News) - German inflation eased in May despite the ongoing conflict in the Middle East, according to figures released on Friday by Destatis.
Deutsche Bank downgrades B&M, Wickes, Currys and Dunelm
(Sharecast News) - Deutsche Bank downgraded a host of UK retailers on Friday, saying the biggest debate right now is whether we are in the "calm before the storm" with regards the inflationary impact on consumer spending and retailer margins or whether we are creating a "storm in a teacup".
Deutsche Bank downgrades B&M, Wickes, Currys and Dunelm
(Sharecast News) - Deutsche Bank downgraded a host of UK retailers on Friday, saying the biggest debate right now is whether we are in the "calm before the storm" with regards the inflationary impact on consumer spending and retailer margins or whether we are creating a "storm in a teacup".
BoE's Bailey says above‑target inflation tolerable for now amid Middle East uncertainty
(Sharecast News) - Bank of England governor Andrew Bailey said on Friday that allowing inflation to sit above the central bank's 2% target was justified for now, given the uncertainty created by the Iran war and the UK's weak growth backdrop.
Dell surges as AI boom drives record revenue growth
(Sharecast News) - Dell Technologies posted its strongest revenue growth since returning to public markets on Thursday, comfortably beating Wall Street expectations and sending shares as much as 39% higher in extended trading.
Great Portland Estates pre-lets space at Elsley House in West London
(Sharecast News) - Property developer Great Portland Estates said on Friday that it has pre-let over 13,000 square feet of fully managed offices at Elsley House in West London, including both the first and second floors.
Berenberg hikes target price on BT Group
(Sharecast News) - Analysts at Berenberg hiked their target price on telecommunications giant BT Group from £2.50 per share to £3 on Friday, after the firm reported that trends in its consumer business had improved in the fourth quarter of its trading year.
Ocado and Asda to enter ecommerce partnership
(Sharecast News) - Ocado said on Friday that it has agreed to enter a partnership with Asda to develop the latter's online business across the UK with the Ocado Smart Platform.
Astrazeneca's Imfinzi receives green light from US FDA
(Sharecast News) - Drugmaker Astrazeneca said on Friday that Imfinzi has been approved in the US as part of the first immunotherapy‑based combination for patients with high‑risk, non‑muscle‑invasive bladder cancer who have not previously been treated with Bacillus Calmette-Guérin.
Drax commissions Hirwuan Power Station in South Wales
(Sharecast News) - Drax said on Friday that it had completed commissioning of Hirwaun Power Station in South Wales, the first of three 299MW open cycle gas turbine plants it is developing in England and Wales.
Trials show GSK drug cures hepatitis B in nearly 20% of patients
(Sharecast News) - GSK said on Thursday that late-stage trial results for its experimental drug for chronic hepatitis B, bepirovirsen, showed that it helped nearly one in five patients to achieve a functional cure.
Peel Hunt downgrades Hiscox after strong run but remains positive long term
(Sharecast News) - Peel Hunt downgraded Hiscox on Thursday to 'add' from 'buy' after a strong share price performance and citing a full standalone valuation.
FRC fines BDO £2m for 'serious' breaches related to NMCM audit
(Sharecast News) - The Financial Reporting Council said on Thursday that it has fined BDO and one of its senior partners £2m for "significant and serious" breaches related to the accountancy firm's audit of construction company NMCM.
UK government would block Indian billionaire from lifting stake in BT - report
(Sharecast News) - Shares of BT Group slumped on Thursday following a report the UK government would oppose any attempt from Indian billionaire Sunil Bharti Mittal to increase his stake in the telecoms group.
Pets at Home's retail turnaround making 'encouraging' progress, says Canaccord Genuity
(Sharecast News) - Shares in Pets at Home were pulling back on Thursday after surging the previous session as markets welcomed the pet products and veterinary group's full-year results, with broker Canaccord Genuity reiterating its 'buy' rating on the stock.
Fattal makes £930m non‑binding approach for PPHE
(Sharecast News) - Fattal Hotel Group said on Thursday that it has submitted a non‑binding proposal to acquire the remaining shares of PPHE Hotel Group for £22 per share in cash, valuing the London‑listed hospitality group at around £930m.
Cooks Coffee posts jump in FY sales amid expansion
(Sharecast News) - Aquis-listed Cooks Coffee Company - the owner of the Esquires coffee chain - reported a rise in full-year sales and earnings on Thursday as it rolled out more stores.
Sirius Real Estate acquires business park in Germany's Hesse region
(Sharecast News) - Real estate investment trust Sirius Real Estate said on Thursday that it has notarised the acquisition of a light‑industrial business park in Fulda, north‑east of Frankfurt, for a total cost of €49.8m.
Computacenter buys Government Acquisitions for up to $92m
(Sharecast News) - Computacenter said on Thursday that it has bought Government Acquisitions (GAI), a value-added reseller focused on the US federal government market, for up to $92m (£68.6m).
RBC Capital nudges up Metro Bank target price
(Sharecast News) - Analysts at RBC Capital Markets hiked their target price on retail and commercial bank Metro Bank from 170p to 195p on Thursday, noting that the lender was now further along in executing its turnaround strategy and should benefit from a higher‑for‑longer interest‑rate environment.
Johnson Matthey grows underlying profits, unveils US power generation bolt-on deal
(Sharecast News) - Johnson Matthey delivered operating profits in line with previously upgraded guidance on Thursday, as it announced a $360m acquisition to beef up its presence in the growing US power generation market.
Vesuvius maintains FY outlook after solid start to 2026
(Sharecast News) - Metal flow engineering firm Vesuvius said on Thursday that trading over the first four months of the year was slightly ahead of 2025 on a constant‑currency basis, leading the group to maintain its full‑year guidance as it expects to report a stronger second half performance.
Friday preview: Nationwide house prices in focus on quiet day
(Sharecast News) - Friday looked set to be a very quiet end to the week, with no FTSE 350 corporate releases due.
Finsbury Growth & Income Trust looks to strengthen returns after weaker period
(Sharecast News) - Finsbury Growth & Income Trust said in its half-year report on Thursday that it would enhance its dividend policy, increase gearing and reduce management fees as the board looked to improve shareholder returns after a period of weak performance.
SSE reiterates medium-term targets as FY earnings top guidance
(Sharecast News) - Utilities provider SSE reported a small decline in annual profits but adjusted earnings above the upper end of guidance, delivering an upbeat outlook following a record year for capital investment.
Former BP chair Manifold considering legal action over dismissal - report
(Sharecast News) - Former BP chairman Albert Manifold is reportedly considering legal action after he was ousted by the oil firm, which said on Tuesday that "serious" concerns had been raised about "important governance standards, oversight and conduct".
Flying Tiger snapped up by TG Jones owner Modella Capital
(Sharecast News) - Private equity firm Modella Capital has purchased Flying Tiger Copenhagen, marking another move to snap up space on British high streets following the recent acquisition of WH Smith.
Imperial Brands buys Black Buffalo for $150m
(Sharecast News) - Imperial Brands said on Wednesday that it has bought Black Buffalo, a US producer of smokeless tobacco alternatives, for an initial consideration of $150m.
RBC Capital upgrades Cranswick to 'outperform', hikes price target
(Sharecast News) - RBC Capital Markets upgraded Cranswick on Wednesday to 'outperform' from 'sector perform' as it said that following a recent site visit and strong FY26 delivery, it is confident the company's competitive advantages are durable and growing.
Evacuation orders lifted at Melrose's Garden Grove facility after thermal incident
(Sharecast News) - Aerospace manufacturer Melrose Industries said on Wednesday that the remaining mandatory evacuation zone around its GKN Aerospace facility in Garden Grove, California, had been lifted, following last week's thermal incident that prompted precautionary action by local authorities.
HICL Infrastructure posts stronger annual performance
(Sharecast News) - HICL Infrastructure reported a stronger annual performance on Wednesday, with net asset value growth supported by portfolio disposals, operational outperformance and active capital allocation.
Berenberg hikes target price on Tate & Lyle
(Sharecast News) - Berenberg hiked its target price on food and beverage products business Tate & Lyle from 464p to 554p on Wednesday as it said the group had delivered "strategic momentum amid offer uncertainty".
US FDA pushes back decision on Astrazeneca's camizestrant
(Sharecast News) - Drugmaker Astrazeneca said the US Food and Drug Administration had pushed back its decision on camizestrant after requesting additional data for the drug's new application.
Deutsche Bank restarts IQE at 'buy'
(Sharecast News) - Analysts at Deutsche Bank re‑initiated coverage of IQE on Wednesday, arguing that the semiconductor materials group was "hitting its stride" as demand strengthens across several key end‑markets.
Hollywood Bowl interim profits, revenue rise amid 'robust' demand
(Sharecast News) - Hollywood Bowl posted a jump in interim profit and revenue on Wednesday as it hailed "robust" demand for affordable leisure experiences.
Greencore swings to H1 loss, cites Bakkavor acquisition costs
(Sharecast News) - Food producer Greencore slumped on Wednesday after saying it swung to a first-half operating loss due to costs related to its £1.2bn acquisition of rival Bakkavor.
Pets at Home posts mixed FY results as retail drags
(Sharecast News) - Retailer Pets at Home posted a mixed set of full‑year results on Wednesday, with solid progress in its veterinary unit offset by continued pressure in retail as the firm continued to push ahead with its turnaround plan.
Thursday preview: Johnson Matthey results, US PCE in the spotlight
(Sharecast News) - Thursday sees the release of full-year results from Johnson Matthey and SSE , along with a trading update from molten metal flow engineer Vesuvius.
Bodycote maintains FY outlook amid strong growth in core business
(Sharecast News) - Heat treatment specialist Bodycote said on Wednesday that trading over the first four months of the year was in line with expectations, with the group maintaining its full‑year outlook as strong growth in its core business offset the impact of ongoing plant exits.
Barclays upgrades British Land to 'overweight'
(Sharecast News) - Barclays upgraded British Land to 'overweight' from 'equalweight' on Tuesday and reiterated its 'overweight' rating on Land Securities as it argued that both now offer what investors increasingly want from listed real estate.
Blencowe losses widen as work continues towards commercial production
(Sharecast News) - Graphite miner Blencowe Resources reported a first-half loss of over £1m on Tuesday as it continues to make progress at its Orom-Cross flagship project in Uganda.
Panmure Liberum downgrades Autotrader, slashes price target
(Sharecast News) - Autotrader slumped on Tuesday after Panmure Liberum downgraded the shares to 'hold' from 'buy' and slashed the price target to 420p from 830p.
BP removes chair Albert Manifold over 'serious' governance, conduct concerns
(Sharecast News) - BP shares slid on Tuesday as the oil giant said that chair Albert Manifold had been removed with immediate effect after "serious" concerns were raised about "important governance standards, oversight and conduct".
Poundland owner closing in on deal to buy Radley - report
(Sharecast News) - The owner of discount retailer Poundland is reportedly close to a deal to buy handbag maker Radley that will trigger another wave of retail job losses.
Ultimate Products appoints Princes Group's Simon Harrison as new CEO
(Sharecast News) - Ultimate Products said on Tuesday that it has appointed Princes Group's Simon Harrison as its new chief executive officer with effect from 26 October.
UK retail volumes slump eases, but weak demand still weighs - CBI
(Sharecast News) - UK retail selling prices in May grew at their slowest pace in more than a year and are expected to remain poor on the back of weak consumer demand although volumes were better than the record downturn posted in February, according to a widely read survey published on Tuesday.
Deutsche Bank slashes Genuit target price by a fifth
(Sharecast News) - Deutsche Bank has slashed its target price for plastic piping systems Genuit by nearly 20% amid a "challenging environment" for the plastic piping manufacturer, but said that self-help measures have mitigated downside risk to forecasts.
Berenberg cuts AutoTrader target price, cites lack of near-term catalysts
(Sharecast News) - Berenberg has cut its target price for new and used car sales platform company AutoTrader, saying that the stock is cheap but lacking any near-term catalysts to take the shares higher.
Melrose shares fall after thermal incident prompts evacuations at GKN Aerospace site
(Sharecast News) - Aerospace manufacturer Melrose Industries said on Tuesday that a thermal issue was identified last week at its GKN Aerospace facility in Garden Grove, California, prompting precautionary evacuations in the surrounding area.
Wednesday preview: Pets at Home, Salesforce results in focus
(Sharecast News) - On Wednesday, Greencore and Hollywood Bowl will publish interim results, while Pets at Home and HICL Infrastructure will release full-year results.
Astrazeneca's Camizestrant cleared in the EU, Enhertu and Datroway pick up fresh recommendations
(Sharecast News) - Drugmaker Astrazeneca said on Tuesday that its breast cancer treatment camizestrant has secured EU approval, while its Enhertu and Datroway drug candidates also received fresh regulatory recommendations in Europe and the US.
Berenberg bumps up Softcat target price following Q3 update
(Sharecast News) - Analysts at Berenberg raised their target price on software firm Softcat from 1,900p to 1,950p on Tuesday, following the group's third quarter trading update last week.
Oakley Capital takes majority stake in XTEL
(Sharecast News) - Private equity firm Oakley Capital said it taking a majority stake in XTEL, which provides revenue management and trade promotion software for consumer goods companies.
Atalaya Mining posts solid Q1 performance
(Sharecast News) - Atalaya Mining reported a solid first-quarter financial performance on Tuesday, despite lower copper production caused by heavy rainfall at its Proyecto Riotinto operations in Spain.
Serco retains facilities management contract at Norfolk and Norwich University Hospital
(Sharecast News) - Government services provider Serco said on Tuesday that it has successfully retained its facilities management contract at Norfolk and Norwich University Hospital.
Kingfisher shares jump on guidance hold, despite Q1 sales fall
(Sharecast News) - Shares in Kingfisher jumped on Tuesday as the DIY chain owner said it was still on track to meet full-year guidance despite a 0.9% fall in first-quarter sales due to softer markets in the UK and France.
Broker tips: S&U, UK utilities
(Sharecast News) - Berenberg lifted its recommendation on S&U on Friday, while JPMorgan said recent political uncertainty had created a buying opportunity in UK utilities.
Bodycote confirms takeover talks with Apollo, shares surge
(Sharecast News) - Bodycote surged on Friday as it confirmed it has received a conditional takeover proposal from private equity firm Apollo Management.
Berenberg upgrades S&U to 'buy' from 'hold' after Q1 update
(Sharecast News) - Berenberg upgraded S&U on Friday to 'buy' from 'hold' and lifted the price target to 2,310p from 2,220p as the bank becomes increasingly positive about the medium-term outlook following the company's first-quarter update this week.
EnQuest confident in meeting 2026 production guidance
(Sharecast News) - EnQuest said on Friday that it remained confident of meeting its 2026 production guidance, as the oil and gas producer highlighted operational recovery in the UK and continued growth in South East Asia.
Mobico issued termination notice by Washington DC's WMATA
(Sharecast News) - Mobico said on Friday that its US subsidiary has been issued a termination notice by the Washington Metropolitan Area Transit Authority to stop operating paratransit services, amid an ongoing legal dispute between the parties.
JPMorgan highlights buying opportunity in UK utilities
(Sharecast News) - JPMorgan said on Friday that it sees a buying opportunity in UK utilities against a backdrop of political uncertainty.
Saba seeks to replace all six Workspace non-exec directors
(Sharecast News) - Workspace Group said on Friday that Saba Capital had submitted a revised requisition notice seeking to replace all six of the company's non-executive directors at its 2026 annual general meeting.
Inchcape to buy Bulgaria's Silver Star
(Sharecast News) - Automotive distributor Inchcape said on Friday that it has agreed to buy Silver Star, the official distributor of Mercedes-Benz passenger vehicles and Daimler trucks and buses in Bulgaria, for an undisclosed sum.
Softcat lifts full-year profit outlook
(Sharecast News) - Softcat lifted its full-year profit outlook on Friday, saying it continued to perform well in the third quarter, delivering strong double-digit year-on-year growth in gross profit and underlying operating profit.
Genuit sees FY at lower end of forecasts amid weak markets, shares fall
(Sharecast News) - Shares in Genuit fell on Friday as the pipe maker said it expected annual operating profit to be at the lower end of estimates after revenues fell in the first four months of the year amid tough markets and uncertainty due to the Iran war.
Games Workshop sees higher profit, sales but lower licensing revenue
(Sharecast News) - Warhammer maker Games Workshop on Friday said it expected higher revenue and profits in the year to May, but licensing revenue would likely be lower.
German Q1 GDP growth confirmed at 0.3%; GfK index rebounds
(Sharecast News) - The German economy grew by 0.3% in the first quarter of 2026 compared with the previous three months, according to official data published on Friday, confirming a flash estimate.
RBC Capital nudges up RS Group price target
(Sharecast News) - RBC Capital Markets nudged up its price target for RS Group on Thursday to 780p from 770p after the company's full-year results, which it said were "sound" and consistent with the March trading update.
Berenberg hikes Marks & Spencer price target after results
(Sharecast News) - Berenberg hiked its price target on Marks & Spencer on Thursday to 480p from 415p after the company's full-year results.
Sales, profits fizz at Young & Co's
(Sharecast News) - Young & Co's Brewery toasted record earnings on Thursday as the 195-year-old firm posted its first set of results since transferring to the London market's main list.
Metlen expecting record turnover after strong start to year
(Sharecast News) - Metlen Energy & Metals said on Thursday that it had made a strong start to the year and expected record turnover in 2026, with full-year EBITDA recovering to between €1.0bn and €1.15bn.
Investec reports higher annual earnings, larger dividend
(Sharecast News) - Investec reported higher annual earnings and a larger dividend on Thursday, as growth in lending, deposits and funds under management helped offset margin pressure and continued investment in the business.
Sabre Insurance backs FY outlook as it returns to growth in premiums
(Sharecast News) - Sabre Insurance reiterated its full-year guidance on Thursday as it reported a return to growth in gross written premiums in the first four months of the year.
Henry Boot reaffirms outlook on 'resilient' trading
(Sharecast News) - Henry Boot reiterated its full-year outlook on Thursday, despite a spike in political uncertainty, helping lift shares in the property developer.
Nationwide underlying profit rises, statutory profit falls sharply
(Sharecast News) - Nationwide Building Society reported a rise in underlying annual profit on Thursday, as the integration of Virgin Money helped build a larger and more diversified balance sheet, while statutory profit fell sharply against a prior-year period boosted by a one-off acquisition gain.
Rentokil Initial unveils new North America CEO
(Sharecast News) - Rentokil Initial has named Rafael Carrasco as chief executive of its North American operations, it was confirmed on Thursday.
Zigup flags full-year profit at top end of expectations
(Sharecast News) - Zigup said in an update on Thursday that it expected full-year profit to be at the top of market expectations after a strong end to the 2026 financial year, supported by growth in vehicles on hire in Spain and the UK and Ireland.
Close Brothers on track despite extra motor finance redress provision
(Sharecast News) - Close Brothers said on Thursday that it delivered a solid third-quarter performance, with resilient lending profitability and a strong capital position despite taking an additional provision for motor finance commissions.
Earnings, net assets jump at GPE after record leasing year
(Sharecast News) - Great Portland Estates reported a sharp rise in annual earnings and net assets after a record leasing year, asset sales above book value and further progress across its development pipeline.
Autotrader reports higher revenue and profit, more challenging end to year
(Sharecast News) - Autotrader reported higher full-year revenue and profit and announced plans to return about £600m to shareholders in 2027 on Thursday, although shares were sliding on a more challenging end to the year and retailer concerns over its Deal Builder rollout.
Convatec maintains guidance, shares slide on InnovaMatrix headwinds
(Sharecast News) - Convatec shares fell on Thursday despite the company saying it had made a good start to 2026, with broad-based growth across its chronic care categories and full-year guidance unchanged.
The Works lifts full-year profit outlook, shares spark
(Sharecast News) - Shares in The Works surged on Thursday after the retailer said full-year profit was set to be ahead of market expectations and reported a rise in revenue, outperforming the broader non-food UK retail market.
AJ Bell lifts full-year outlook after 'excellent' first half
(Sharecast News) - Investment platform AJ Bell lifted its full-year outlook on Thursday as it hailed an "excellent" first-half performance, with record customer growth.
Qinetiq shares surge on order intake record, buyback extension
(Sharecast News) - Shares in Qinetiq surged on Thursday as the UK defence company reported a big jump in its order book and extended its share buyback programme by £200m.
Higher fee-related earnings, fundraising underpin growth at ICG
(Sharecast News) - ICG reported a strong set of annual results on Thursday, with higher fee-related earnings, increased fundraising and a 16th consecutive rise in its ordinary dividend.
Sage lifts guidance after H1 revenue growth tops estimates
(Sharecast News) - Shares in Sage dipped on Thursday despite the enterprise software group raising its full-year outlook slightly after a stronger-than-expected first half, with both revenues and profits growing at double-digit rates.
Mitchells & Butlers shares slump as sales slow in Q2
(Sharecast News) - Shares in pub operator Mitchells & Butlers slumped on Thursday as it reported a slowdown in second quarter sales as consumers reined in spending.
Tate & Lyle posts FY loss, acknowledges 'disappointing' performance
(Sharecast News) - Tate & Lyle conceded on Thursday that its full-year performance had been "disappointing" as it posted a drop in profit and revenue amid "muted" market demand.
Smiths cuts guidance as Middle East disruption hits home
(Sharecast News) - Smiths Group cut full-year guidance on Thursday, as the conflict in the Middle East weighed on trading.
EasyJet posts widening of H1 losses, in line with guidance
(Sharecast News) - Budget airline easyJet reported a widening of its first-half losses on Thursday, in line with guidance, as it said its performance so far in the second half has been hit by higher fuel costs due to the Middle East conflict, and lower forward visibility.
Ibstock upbeat despite challenging Q1 as momentum picks up
(Sharecast News) - Clay bricks and concrete building products manufacturer Ibstock said it still expects to meet market forecasts despite a weak start to the year, with trading momentum picking up in recent months.
Nvidia smashes Q1 forecasts as data centres drive AI chip boom
(Sharecast News) - Computer chip giant Nvidia smashed first-quarter earnings and revenue expectations powered by continuing demand from artificial intelligence data centres.
Friday preview: UK retail sales in focus amid quiet corporate calendar
(Sharecast News) - There are no FTSE 350 corporate releases scheduled for Friday, but on the macro front, investors will turn their attention to public sector net borrowing figures and retail sales data for April.
Edinburgh Investment Trust reports positive returns, raises dividend
(Sharecast News) - Edinburgh Investment Trust reported positive annual returns and raised its dividend by 11.1% on Thursday, although it underperformed the wider UK equity market after a difficult year for parts of its portfolio.
M&A drives rental income growth at LondonMetric, but profits fall
(Sharecast News) - Commercial real estate investment trust LondonMetric Property reported a double-digit increase in rental income during the fiscal year ended 31 March, helped by last year's acquisition of Urban Logistics REIT, though statutory profits dropped.
BT delivers flat earnings as fibre demand offsets lower revenue
(Sharecast News) - UK telecoms giant BT Group on Thursday reported flat adjusted earnings as strong demand for its fibre broadband offset lower service revenue.
UK consumer confidence unexpectedly ticks higher - GfK
(Sharecast News) - UK consumer confidence unexpectedly edged higher in May, a long-running survey showed on Friday, although households remained reluctant to splash out on big ticket items.
Deutsche Bank hikes price target on IG Group
(Sharecast News) - Deutsche Bank lifted its price target on IG Group on Wednesday to 1,750p from 1,650p after the online trading provider upgraded its guidance for 2026 and its medium-term outlook as it reported a jump in first-quarter revenue.
Bloomsbury reaffirms outlook after full-year profits jump
(Sharecast News) - Bloomsbury Publishing posted improved annual profits on Wednesday, supported by a rebound in its academic and professional arm.
AEP shares tank as Indonesia centralises export controls
(Sharecast News) - Shares in London-listed palm oil producer Anglo Eastern Plantations (AEP) tanked on Wednesday after Indonesia announced plans to centralise commodities exports through a state-run agency.
Citi reiterates 'neutral' on Standard Chartered, welcomes investor update
(Sharecast News) - Citi reiterated its 'neutral' rating on Standard Chartered on Wednesday after the company's investor update a day earlier.
S&U trading ahead of budget in first quarter
(Sharecast News) - S&U said on Wednesday that first-quarter trading was ahead of both last year and budget, as the specialist motor and property finance group reported improving margins, stronger credit quality and continued recovery at Advantage Finance.
S&U trading ahead of budget in first quarter
(Sharecast News) - S&U said on Wednesday that first-quarter trading was ahead of both last year and budget, as the specialist motor and property finance group reported improving margins, stronger credit quality and continued recovery at Advantage Finance.
Mortgage Advice Bureau reports higher volumes amid macro uncertainty
(Sharecast News) - Mortgage Advice Bureau said in an update on Wednesday that mortgage application volumes remained ahead of last year in the first 19 weeks of 2026, supported by continued momentum in the UK mortgage market and its customer acquisition strategy.
Energean cuts FY production guidance after Q1 hit by shutdown
(Sharecast News) - Gas producer Energean downgraded its full-year production guidance on Wednesday as it posted a decline in first-quarter output and revenue due to a 41-day production shutdown in Israel.
Keller reaffirms outlook after strong start to the year
(Sharecast News) - FTSE 250 contractor Keller Group reaffirmed guidance on Wednesday despite "significant" macroeconomic and geopolitical uncertainty, following a robust start to the year.
Headlam revenue slides amid tough market conditions
(Sharecast News) - Headlam Group said on Wednesday that revenue from continuing operations fell 21% in the first four months of the year, as difficult market conditions and a planned reduction in certain sales activity continued to weigh on trading.
Ithaca reiterates guidance after strong first quarter
(Sharecast News) - Ithaca Energy said on Wednesday that first-quarter production remained strong despite adverse weather, as it reiterated full-year guidance and said its 2026 dividend was expected to be above $500m.
4imprint trading in line in first four months of the year
(Sharecast News) - 4imprint said on Wednesday that trading in the first four months of the year was in line with the board's expectations.
Severn Trent boosts guidance after robust year
(Sharecast News) - Severn Trent boosted its full-year outlook on Wednesday after annual earnings came in ahead of forecasts, boosted by higher bills.
Essentra trading in line, announces acquisition of Boteco
(Sharecast News) - Essentra said in an update on Wednesday that trading in the first four months of 2026 was in line with expectations, as it announced the acquisition of Italian mechanical components maker Boteco for an initial €7.4m.
RS Group shares surge on £100m buyback, upbeat outlook
(Sharecast News) - Shares in RS Group jumped on Wednesday after the industrial and electrical products distributor launched a £100m share buyback programme following a "resilient" full-year performance.
Playtech highlights 'very strong' start to 2026
(Sharecast News) - Gambling software development company Playtech hailed a "very strong" start to 2026 on Wednesday, with particular strength in the Americas.
IntegraFin delivers solid H1 profit growth as client numbers rise
(Sharecast News) - Investment platform group Integrafin reported a double-digit increase in underlying earnings over its first half, helped by strong net inflows and favourable market movements.
Experian hails record FY, announces $1bn buyback but shares fall on outlook
(Sharecast News) - Experian announced a $1bn share buyback on Wednesday as it hailed a record full year, but shares in the credit-checking firm slumped amid disappointment over its guidance for revenue growth.
Coats sees no material impact from Iran war, holds guidance
(Sharecast News) - Industrial thread and footwear component maker Coats Group held full-year guidance and reported the Iran war had not caused a material impact on trading.
M&S profits slump 25% after cyber attack hits sales
(Sharecast News) - UK retailer Marks & Spencer posted a sharp fall in annual earnings, reflecting the impact of last year's cyber attack, but said profits had recovered in the second half.
Thursday preview: BT Group, AJ Bell, Walmart results in focus
(Sharecast News) - The UK corporate calendar will be very busy on Thursday, with full-year results due from BT, Great Portland Estates, Autotrader, LondonMetric, Qinetiq and ICG.
British Land predicts further profit growth after record leasing year
(Sharecast News) - Final results from British Land revealed a record 12 months of leasing for the real estate investment trust, with the firm predicting further profit growth this year.
Wednesday preview: UK inflation due; M&S, Nvidia results in focus
(Sharecast News) - Wednesday brings the release of full-year results from food, clothing and homeware retailer Marks & Spencer, credit-checking firm Experian, British Land, Severn Trent and RS Group.
Jefferies reiterates 'buy' on Anglo American, cites coal exit
(Sharecast News) - Jefferies reiterated its 'buy' rating on Anglo American on Tuesday after the miner announced an agreement to sell its portfolio of steelmaking coal mines in Australia to private UK mining company Dhilmar for up to $3.9bn in cash.
'Looks like a time to buy' On The Beach, says RBC Capital
(Sharecast News) - RBC Capital Markets reiterated its 'outperform' rating on On The Beach on Tuesday, saying "it looks like a time to buy".
Activist investor Bernstein calling for sale of Porvair - report
(Sharecast News) - Activist investor Richard Bernstein is reportedly calling for a sale of London-listed filtration group Porvair.
DCC hails year of 'significant' progress despite revenue dip
(Sharecast News) - DCC Group posted softer full-year revenues on Tuesday, but hailed "significant" progress in reshaping the business, including plans to change the former conglomerate's name.
C&C Group confident despite fall in annual revenue, profit
(Sharecast News) - C&C Group reported lower annual revenue and profit on Tuesday, after the planned exit of Budweiser Brewing Group volumes in Ireland and challenging hospitality conditions weighed on its distribution business.
Hilton Food reiterates outlook after solid start to year
(Sharecast News) - Hilton Food Group said in an update on Tuesday that trading in its core meat and fresh prepared food businesses had been good so far in 2026, leaving its full-year outlook unchanged.
Victorian Plumbing delivers strong H1 sales but growth softens in Q3
(Sharecast News) - Bathoom retailer Victorian Plumbing left its full-year guidance unchanged after reporting a double-digit increase in revenues and a slight improvement in adjusted earnings in the first half, but pointed to a slight softening of growth in the third quarter which it blamed on a subdued consumer environment.
Crest Nicholson results delayed amid ongoing talks with lenders
(Sharecast News) - Housebuilder Crest Nicholson said on Tuesday that the publication of its half-year results will be delayed as talks with lenders continue.
Tortilla Mexican Grill reveals £2.5m accounting hole in French business
(Sharecast News) - Mexican restaurant chain Tortilla Mexican Grill on Tuesday revealed a multi-million pound accounting issue following an audit of its loss-making French business, which is currently undergoing a major restructuring.
IG Group surges as it lifts 2026, medium-term guidance
(Sharecast News) - IG Group surged on Tuesday as the online trading provider lifted its guidance for 2026 and its medium-term outlook following a strong first quarter and a good start to the second quarter.
Evoke extends key deadline in £225m takeover talks
(Sharecast News) - Shares in gaming and gambling group Evoke rallied on Tuesday, after the William Hill-owner confirmed takeover talks were continuing.
Stonehage Fleming sale helps lift Caledonia Investments NAV return
(Sharecast News) - Caledonia Investments reported a 5.4% net asset value total return for the year ended 31 March on Tuesday, supported by positive contributions from all three of its investment pools and the agreed sale of Stonehage Fleming.
Discoverie buys 90% stake in 3Gmetalworx for £50m
(Sharecast News) - Electronics maker DiscoverIE Group on Tuesday said it had bought a 90% stake in North American firm 3Gmetalworx for £50m.
Topps Tiles upbeat as LFL sales turn positive in Q3
(Sharecast News) - Topps Tiles delivered a double-digit increase in revenues over the first half to 28 March, helped by the inclusion of sales from newly acquired CTD Tiles, and reported a return to growth in underlying sales early into the third quarter.
Diploma boosts outlook after interim earnings surge
(Sharecast News) - Diploma boosted annual guidance for the second time on Tuesday, after the blue chip saw interim earnings rocket.
Cranswick lifts dividend as FY profit, revenue rise amid strong demand
(Sharecast News) - Food producer Cranswick hiked its dividend on Tuesday as it reported a jump in full-year profit and revenue amid strong demand across its core categories.
Dr Martens FY profits surge 61% on full-price pivot, shares spark
(Sharecast News) - Shares in Dr Martens surged by 10% on Tuesday as the UK bootmaker reported a sharp jump in annual profits as its move to more full-price sales started to pay off.
Currys says full-year profit to exceed guidance, shares jump
(Sharecast News) - Electricals retailer Currys said on Tuesday that full-year profit was set to be ahead of guidance as it hailed strong performances in the UK & Ireland and the Nordics.
Annual earnings rocket at challenger bank Monzo
(Sharecast News) - Monzo posted a surge in annual earnings on Tuesday, as the challenger bank benefited from a sharp rise in customer numbers and increased lending.
Fresnillo confident in development pipeline, gives upbeat outlook
(Sharecast News) - Fresnillo has reiterated confidence in its outlook, helped by a strong balance sheet, solid cash generation and a more positive political climate in Mexico.
SSP holds outlook as LFL sales grow 3%; Cautious on Iran war impact
(Sharecast News) - Travel food outlet operator SSP Group posted a 3% rise in like for like sales in the first six weeks of the second half, despite a slump in passenger traffic in Asia and the Middle East due to the Iran war.
Standard Chartered to streamline, cut corporate roles in new ambitious roadmap
(Sharecast News) - Standard Chartered has raised its return targets over the coming years after delivering on its 2026 ambitions a year earlier than planned, with the banking group on Tuesday unveiling plans to improve efficiency, productivity and drive further growth.
Jefferies initiates coverage of Cohort at 'hold'
(Sharecast News) - Jefferies initiated coverage of AIM-listed Cohort on Monday with a 'hold' recommendation and a 1,290p price target, which implies around 11% upside.
UK set to loosen ring-fencing rules for banks
(Sharecast News) - The UK is poised to loosen rules introduced in the wake of the financial crisis requiring banks to ring-fence their retail arms, it was confirmed on Monday.
Citi sees buying opportunity at AstraZeneca after recent falls
(Sharecast News) - Analysts at Citi have reiterated a 'buy' rating on AstraZeneca and a 'neutral' on GSK following the European pharma sector's first-quarter earnings season.
Berenberg downgrades Oxford Instruments, says risk-reward fairly balanced
(Sharecast News) - Berenberg downgraded its stance on Oxford Instruments on Monday to 'hold' from 'buy' as it said the risk and rewards are fairly balanced.
Capita confirms trading on track, shares spark
(Sharecast News) - Shares in Capita rallied on Monday, after the outsourcing specialist reaffirmed annual guidance following a solid start to the year.
Activist hedge fund Corvex urges Whitbread to put itself up for sale
(Sharecast News) - Activist hedge fund Corvex Management has urged Premier Inn owner Whitbread to put itself up for sale.
Britons fret over rising prices as Iran war drives inflation fears - S&P
(Sharecast News) - UK consumer confidence hit its lowest level since July 2023 as household savings come under increasing pressure driven by worries over rising prices due to the Iran war, according to a survey published on Monday.
Kainos reports higher full-year revenue, profit
(Sharecast News) - Kainos reported higher full-year revenue and profit on Monday after a stronger sales performance across the group, with growth in Digital Services, Workday Services and Workday Products supported by increased bookings and a larger contracted backlog.
Advanced Medical Solutions shares drop as TA Associates walks away
(Sharecast News) - Shares in Advanced Medical Solutions tanked on Monday after potential suitor TA Associates walked away from a takeover of the wound care firm.
AstraZeneca secures US approval for two drugs
(Sharecast News) - Two AstraZeneca drugs have been given the green light in America to treat high blood pressure and breast cancer, the blue chip confirmed on Monday.
Harworth Group reports resilient demand for industrial, logistics land
(Sharecast News) - Harworth Group said in an update on Monday that demand for its industrial and logistics land remained resilient, as it continued to progress sales and lettings despite softer residential markets and longer transaction timelines.
Staffline shares jump as strong growth continues
(Sharecast News) - Staffline's share price jumped on Monday after the recruitment firm reported that the strong trading experienced at the end of last year has continued, with profits rising at a double-digit rate for the start of 2026.
Molten Ventures sells another stake in Revolut
(Sharecast News) - Venture capital firm said it had sold a further stake in fintech Revolut, generating proceeds of around £63m.
Anglo American to sell Australian steelmaking coal mines for up to $3.9bn
(Sharecast News) - Anglo American said on Monday that it has agreed to sell its portfolio of steelmaking coal mines in Australia to private UK mining company Dhilmar for up to $3.9bn in cash.
Anglo American to sell Australian steelmaking coal mines for up to $3.9bn
(Sharecast News) - Anglo American said on Monday that it has agreed to sell its portfolio of steelmaking coal mines in Australia to private UK mining company Dhilmar for up to $3.9bn in cash.
Ryanair withholds profit guidance due to poor visibility, surging fuel costs
(Sharecast News) - Ryanair has said it is "far too early" to provide profit guidance for the current financial year as a result of material uncertainty linked to the spike in jet fuel prices and other rising costs, while summer fares are likely to fall year-on-year.
Hays appoints Mark Dearnley as full-time CEO
(Sharecast News) - Recruitment firm Hays said it had appointed interim CEO Mark Dearnley to the post on a permanent basis.
Standard Chartered appoints IR chief as new CFO
(Sharecast News) - Standard Chartered has appointed its head of investor relations as its permanent new chief financial officer with immediate effect.
Tuesday preview: UK jobs data in focus
(Sharecast News) - Tuesday will see the release of the latest UK jobs data, along with full-year results from food producer Cranswick, C&C and DCC, half-year results from Diploma, SSP and Topps Tiles, and a full-year trading update from electricals retailer Currys.
Prudential to snap up controlling stake in Indian life insurer
(Sharecast News) - Prudential is to acquire a majority stake in India's Bharti Life Insurance, the blue chip confirmed on Monday.
Canada's Intact Financial said to explore bid for Hiscox, shares surge
(Sharecast News) - Hiscox surged on Friday following a report that Canada's Intact Financial is exploring a potential bid ⁠for the insurer.
BT reviving talks over sale, partnership for international business - report
(Sharecast News) - BT Group is reportedly reviving talks about a sale or partnership for its struggling international operations nearly a year after halting negotiations about a deal.
CMA conditionally clears Getty Images-Shutterstock merger
(Sharecast News) - The Competition and Markets Authority conditionally cleared Getty Images' merger with Shutterstock on Friday, after concluding that the deal can proceed if Shutterstock sells its global editorial business to a suitable buyer.
TT Electronics reports mixed trading, in line with expectations
(Sharecast News) - TT Electronics said on Friday that trading in the first four months of 2026 was in line with expectations, as weaker demand in its electronic manufacturing services markets offset continued strength in aerospace and defence.
Blackstone, CD&R among PE firms exploring bids for Magnum - report
(Sharecast News) - Shares of Magnum Ice Cream Company surged on Friday following a report that Blackstone and CD&R are among private equity ‌firms in the early stages of exploring bids for the company.
Berenberg highlights Card Factory's 'deep value' but says patience is required
(Sharecast News) - Berenberg downgraded Card Factory on Friday to 'hold' from 'buy' as it took a look at UK mid-cap general retail.
JPMorgan reiterates 'overweight' on Aegon, double-upgrades Standard Life
(Sharecast News) - JPMorgan reiterated its 'overweight' stance on Aegon on Friday and double-upgraded Standard Life as it said the sale of Aegon UK to Standard Life is highly likely to receive regulatory approval, which would be "very positive for both".
Citi upgrades Aberdeen to 'buy' from 'neutral'
(Sharecast News) - Citi upgraded Aberdeen on Friday to 'buy' from 'neutral/high risk' as it said there was "still lots to play for".
Unite on track to hit targets as reservation rates rise
(Sharecast News) - Student accommodation group Unite said it is on track to hit full-year guidance with reservations for the 2026/27 academic year in line with expectations.
Baillie Gifford European Growth Trust details portfolio changes after recent underperformance
(Sharecast News) - Half-year results from Baillie Gifford European Growth Trust received a muted reaction from investors on Friday after the fund significantly underperformed its benchmark during the six months to 31 March, though the company expressed confidence in recent portfolio changes amid ongoing market volatility.
Grafton Group sees profit growth but warns of impact from Iran war
(Sharecast News) - Construction products distributor Grafton Group said it delivered a "resilient" start to 2026 and guided to an improvement in profits this year, but warned that rising cost pressures due to the Iran war could dent market demand and volumes.
Centrica in £112m settlement over prepayment meter scandal
(Sharecast News) - Centrica unit British Gas will have to provide a compensation and debt write-off package worth more than £110m after debt collectors working on behalf of the company broke into the homes of customers - including residents who were vulnerable or had disabilities - to install prepayment meters.
Tate & Lyle in £2.7bn takeover talks with US rival Ingredion
(Sharecast News) - Tate & Lyle surged on Thursday as it confirmed it is in talks with US rival Ingredion about a possible £2.7bn takeover.
Revolut targeting summer launch of private banking services - reports
(Sharecast News) - Revolut is reportedly looking to open up a private bank in the UK and some European countries.
Eurocell trading subdued as consumer confidence remains weak
(Sharecast News) - Eurocell said on Thursday that trading conditions remained subdued in the first four months of 2026, as weak consumer confidence and uncertainty linked to the Middle East conflict continued to weigh on the repair, maintenance and improvement market and new build housing.
Future reaffirms outlook despite 'challenging' first half
(Sharecast News) - Future reiterated its full-year guidance on Thursday, despite posting a sharp slide in first-half earnings amid "challenging" conditions.
Costain trading in line, on course for 'industry-leading' 4% margin
(Sharecast News) - Construction and engineering firm Costain said on Thursday that trading has been in line with its expectations as it reiterated that full-year revenue and adjusted operating profit would be weighted to the second half.
Shaftesbury Capital reports positive start to 2026
(Sharecast News) - Shaftesbury Capital said on Thursday that it had made a positive start to 2026, with strong leasing activity across its prime West End estate and high occupancy despite an uncertain geopolitical backdrop.
Shawbrook reports further loan book, deposit growth
(Sharecast News) - Shawbrook reported further loan book and deposit growth in the first quarter on Thursday, as the specialist lender set guidance for 2026 and said it expected to pay its maiden ordinary dividend in 2027.
New products help boost profits at Premier Foods
(Sharecast News) - Shares in Premier Foods put on weight on Thursday, after annual profits at the Mr Kipling-owner came in ahead of expectations.
Princes Group Q1 profits, revenues boosted by Italian products
(Sharecast News) - Princes Group reported a rise in first-quarter profit and revenue on Thursday, driven by its Italian products.
Secure Trust Bank on track to meet full-year guidance
(Sharecast News) - Secure Trust Bank said it remained on track to meet its full-year 2026 guidance after continuing lending balances grew in the first quarter, supported by Retail Finance and Business Finance.
Auction Technology Group upgrades full-year guidance
(Sharecast News) - Auction Technology Group upgraded its full-year guidance on Thursday after reporting first-half revenue and earnings modestly ahead of expectations, supported by momentum in its Arts & Antiques division and the inclusion of Chairish.
AstraZeneca reports positive results from bladder cancer drug trial
(Sharecast News) - UK pharma group AstraZeneca on Thursday reported positive results from the Phase III VOLGA trial for its Imfinzi bladder cancer treatment.
3i shares fall on recent underperformance at Action
(Sharecast News) - 3i Group shares fell sharply on Thursday despite the company reporting another year of strong returns and announcing plans to buy back up to £750m of shares, as investors focused on a slowdown in recent trading at its key portfolio company Action.
L&G rallies as potential bidders said to be running the rule over the business
(Sharecast News) - Legal & General shot to the top of the FTSE 100 on Thursday following a report that potential bidders, including insurers and alternative asset managers, had been running the rule over the business.
Berenberg cuts target price on Vistry following AGM update
(Sharecast News) - Berenberg slashed its target price on house builder Vistry fom 500p to 340p on Thursday following the group's AGM trading update a day earlier.
ITV maintains outlook after solid Q1, strong ITVX momentum
(Sharecast News) - Media giant ITV said on Thursday that its first‑quarter trading performance was in line with expectations, with group external revenue up 1% and total revenue broadly flat year‑on‑year.
Occupancy hits 20-year high at Landsec
(Sharecast News) - Land Securities forecast further growth in rents on Thursday, despite the macroeconomic backdrop, on the back of robust customer demand and record occupancy levels.
Grainger confident in outlook after strong first half
(Sharecast News) - Grainger reported higher rental income and earnings for the first half of its financial year on Thursday, as the build-to-rent landlord said it remained on track to deliver a 12% increase in EPRA earnings for 2026.
RBC Capital raises target price on HSBC
(Sharecast News) - Analysts at RBC Capital Markets raised their target price on banking giant HSBC from 1,200p to 1,275p on Thursday following the group's first quarter results a day earlier.
Watches of Switzerland FY adjusted EBIT seen ahead of previous guidance
(Sharecast News) - Luxury watch retailer Watches of Switzerland said on Thursday that full-year adjusted underlying earnings were now expected to come in ahead of previous guidance after group revenue and sales grew.
Spire shares soar on potential £1bn cash offer from Toscafund
(Sharecast News) - UK private hospital group Spire Healthcare on Thursday said it had received a £1bn buyout bid from Toscafund Asset Management, sending its shares surging by 46%.
Burberry swings to profit but shares slump on weak Mideast sales, outlook
(Sharecast News) - Burberry hailed a "meaningful inflection point" on Thursday as it swung to a full-year profit, underpinned by growth in the Americas and China, but shares in the luxury fashion brand slumped following a weaker performance in the Middle East and a cautious outlook.
Friday preview: Grafton trading update due on quiet day
(Sharecast News) - Friday looked set to be a fairly quiet end to the week, with little in the way of corporate news scheduled for release other than a trading update from Grafton.
Aviva Q1 premiums jump 19%, on track for FY
(Sharecast News) - Aviva said it was on track to meet full year targets after a large jump in first quarter premiums, despite global market volatility.
National Grid FY EPS rises amid record capex
(Sharecast News) - Utility giant National Grid reported another year of solid progress on Thursday, underpinned by record capital investment and increased regulatory visibility across its UK and US networks.
Bharti Airtel to increase stake in Airtel Africa in stock swap
(Sharecast News) - Airtel Africa tumbled on Wednesday after majority shareholder Bharti Airtel said it would increase its stake in the telecommunications and mobile money services firm by buying shares at a discounted price.
Avon Technologies shares slide despite solid first half
(Sharecast News) - Avon Technologies shares were sliding on Wednesday morning, even after it reported a stronger first-half performance on Wednesday, with revenue, profit and margins all rising as the group said its transformation programme was delivering ahead of schedule.
Gamma reports good start to year, confirms talks with potential suitor
(Sharecast News) - Gamma Communications said in an update on Wednesday it had made a good start to 2026, with trading in line with expectations, healthy cash generation and full-year guidance reiterated, as it confirmed preliminary discussions with a potential suitor.
Canaccord Genuity lowers On The Beach target price
(Sharecast News) - Canaccord Genuity cut its target price on online package holiday business On the Beach from 293p to 240p on Wednesday after the firm announced its interim results for the six months ended 31 March, which saw a broad impact from the ongoing conflict in the Middle East.
Berenberg cuts target price on Bytes Technology following FY results
(Sharecast News) - Analysts at Berenberg lowered their target price on software and services firm Bytes Technology from 390p to 360p on Wednesday following the group's in-line FY26 results a day earlier.
Conduit reports premium and revenue growth despite softer market pricing
(Sharecast News) - Reinsurance business Conduit Holdings reported higher Q1 premiums and revenue on Wednesday, with the firm also noting that early estimates of its exposure to the Middle East conflict had no material impact on results.
TUI narrows losses as tourists book later to swerve Iran war impact
(Sharecast News) - Travel giant TUI on Wednesday reported a narrower operating second-quarter loss and said customers were waiting until the last minute to book summer breaks due to the Iran war.
BP acquires stake in Uzbekistan oil and gas blocks
(Sharecast News) - BP said on Wednesday that it has acquired an interest in six oil and gas exploration blocks in Uzbekistan.
Intertek minded to recommend £9.4bn takeover by EQT, shares surge
(Sharecast News) - Intertek surged on Wednesday as the inspection, product testing and certification group said it would be minded to recommend a £9.4bn takeover by Swedish private equity firm EQT.
Marshalls backs FY expectations despite uncertain macro outlook
(Sharecast News) - Marshalls backed its full-year expectations on Wednesday while acknowledging the potential for volatility due to the Iran war.
Savills reiterates FY guidance following strong start to the year
(Sharecast News) - Real estate services firm Savills said on Wednesday that trading so far this year had been marginally ahead of internal expectations, prompting it to reaffirm its outlook for 2026 despite heightened geopolitical volatility and uncertainty over the impact of the Middle East conflict on interest‑rate expectations outside the US.
TP Icap hails record Q1, led by global broking and energy & commodities
(Sharecast News) - Interdealer broker TP Icap hailed a record first quarter on Wednesday, led by its global broking and energy & commodities businesses.
Porsche SE calls for VW business model overhaul as earnings fall
(Sharecast News) - German holding company Porsche SE posted a first quarter loss after it booked a €1.3bn cash writedown on its stake in Volkswagen and called for a change of business model at the iconic brand.
Vistry shares tank on profit warning
(Sharecast News) - Shares in UK housebuilder Vistry tanked on Wednesday as it warned first half profits would be "significantly" lower than last year and paused its share buyback to focus on cash generation and cutting debt.
Spirax posts mid‑single‑digit organic growth, maintains FY outlook
(Sharecast News) - Steam management systems manufacturer Spirax Group said on Wednesday that it had delivered mid‑single‑digit organic revenue growth and an improvement in adjusted operating margins in the first four months of the year, prompting it to reiterate full‑year guidance despite a persistently weak industrial production backdrop.
Thursday preview: Burberry, National Grid results due; UK GDP eyed
(Sharecast News) - On Thursday, full-year results from 3i Group, Burberry, Land Securities, National Grid and Premier Foods are due, as well as half-year results from Auction Technology and Grainger and trading updates from Watches of Switzerland, ITV and Shawbrook.
UK's Streeting set to resign, launch leadership bid Thursday - reports
(Sharecast News) - UK Health Secretary Wes Streeting was reportedly set to resign on Thursday in order to launch a leadership challenge against embattled Prime Minister Keir Starmer.
Charge on frigate contract dents profits at Babcock
(Sharecast News) - Babcock International posted a jump in annual revenues on Wednesday, but confirmed profits had been hit by a one-off charge on a contract to build five ships for the Royal Navy.
Scottish Mortgage SpaceX stake worth just under £3bn ahead of IPO
(Sharecast News) - Scottish Mortgage Investment Trust said on Tuesday that its holding in SpaceX is worth just under £3bn.
Morgan Stanley downgrades Trustpilot, says AI upside now better priced in
(Sharecast News) - Trustpilot tumbled on Tuesday after Morgan Stanley downgraded the shares to 'equalweight' from 'overweight' as it argued that AI upside was now better priced in.
On The Beach tumbles as reinstated FY guidance disappoints
(Sharecast News) - On The Beach tumbled on Tuesday as the company's reinstated full-year guidance fell short of expectations.
Derwent London reports strong leasing activity
(Sharecast News) - Derwent London said on Tuesday that leasing activity had remained strong so far this year, as the property investor announced a £50m share buyback and said it had exchanged contracts on £278m of disposals.
3i Infrastructure meets dividend target, will raise payout in 2027
(Sharecast News) - 3i Infrastructure reported an 8.5% total return for the year ended 31 March on Tuesday, as it met its dividend target and said it would raise the payout again for the 2027 financial year.
Berenberg raises target price on Chesnara
(Sharecast News) - Analysts at Berenberg raised their target price on insurance firm Chesnara from 339p to 373p on Tuesday as they updated their figures to reflect its recent acquisition of HSBC Life (UK).
Intertek surges on improved EQT bid; shareholders weigh in
(Sharecast News) - Intertek shot higher on Tuesday after Swedish private equity firm EQT lifted its takeover approach for the inspection, product testing and certification group to around £9.4bn.
Bytes posts FY26 top‑line growth as Microsoft incentive drag eases
(Sharecast News) - Software and security firm Bytes Technology reported further top‑line growth for the year ended 28 February on tuesday, with gross invoiced income rising 11.5% as both software and services delivered double‑digit increases.
Marston's reports lower revenue, improved profit in first half
(Sharecast News) - Marston's shares were sliding on Tuesday, after it reported that first-half profit rose and margins improved despite lower revenue and the impact of accelerated investment in its pub estate.
IMI reaffirms outlook following solid start to the year
(Sharecast News) - Fluid and motion control specialist IMI reaffirmed its full-year outlook on Tuesday, despite the outbreak of war in the Middle East, on the back of a robust first quarter.
IWG Q1 revenues grow amid global network expansion
(Sharecast News) - Serviced offices provider International Workplace Group said on Tuesday that revenues had continued to grow in the first quarter, supported by continued expansion of its global network and a sharp increase in signings and openings.
Imperial Brands backs FY outlook but warns Iran war could push up costs
(Sharecast News) - Tobacco company Imperial Brands backed its full-year outlook on Tuesday as it posted an uptick in first-half revenues, but warned that if the conflict in the Middle East persists, it could have a more meaningful impact on costs and consumer demand.
Wizz Air expects breakeven to slight profit for FY
(Sharecast News) - Low cost airline Wizz Air on Tuesday said it expects to report breakeven to slightly positive earnings for its 2025/26 financial year, despite the impact of the Iran war.
Shares in Wickes plunge as wet weather hits sales
(Sharecast News) - Shares in DIY retailer Wickes Group tanked on Tuesday, after unseasonably wet weather dampened first-quarter sales.
Wednesday preview: TP Icap, Spirax updates in focus
(Sharecast News) - On Wednesday, trading updates from TP Icap and Spirax will be eyed, along with results from Tui, Vertu Motors and Avon Technologies.
Vodafone FY revenues up 8pc following Three UK tie‑up
(Sharecast News) - Telecommunications giant Vodafone posted a solid set of full year results on Tuesday, with revenue and earnings both improving as the consolidation of Three UK and continued service‑revenue momentum underpinned performance.
Greggs shares up on upbeat sales despite Iran war cost threat
(Sharecast News) - Shares in Greggs jumped on Tuesday as the bakery chain held annual guidance and said like-for-like sales at the start of the year had improved but also warned that Iran war could push costs higher by the end of this year.
Deutsche Bank cuts Taylor Wimpey price target
(Sharecast News) - Deutsche Bank cut its price target on Taylor Wimpey on Monday to 96p from 122p as it said the housebuilder's recent update painted a more negative picture of the UK housing market than peers and the stock is too expensive relative to peers.
Airtel Africa surges as shareholder Bharti Airtel considers raising stake
(Sharecast News) - Airtel Africa shares surged on Monday after Bharti Airtel - which has a 63% stake in the company - convened a meeting for 13 May to consider a reorganisation of its subsidiaries' shareholding structure, including Airtel.
Germany's E.ON to buy OVO for undisclosed sum
(Sharecast News) - Germany's E.ON said on Monday that it has agreed to buy UK rival OVO for an undisclosed sum.
Victrex reports lower first-half profit
(Sharecast News) - Victrex reported a lower first-half profit on Monday, as volume growth was offset by sales mix, pricing and currency headwinds, while the high-performance polymers specialist said its profit improvement plan was progressing well.
TBC Bank names Guy Stevens CFO as Megrelishvili plans to step down
(Sharecast News) - TBC Bank said on Monday that it has appointed Guy Stevens as group chief financial officer with effect from 13 July, as Giorgi Megrelishvili plans to step down in August.
RBC Capital upgrades BP to 'overweight'
(Sharecast News) - RBC Capital Markets upgraded BP on Monday to 'outperform' from 'sector perform' as it said the current commodity price environment provides another chance to deleverage.
Canaccord Genuity lowers target price on Trainline
(Sharecast News) - Analysts at Canaccord Genuity cut their target price on online ticketing platform operator Trainline from 330p to 311p on Monday, stating the firm's "mixed outlook" lacked momentum.
Unite disposes of St Pancras Way property, extends buyback programme
(Sharecast News) - Student accommodation provider Unite Group said on Monday that it had completed the sale of its St Pancras Way property to the Unite Students Accommodation Fund and moved to expand its ongoing share buyback programme.
Asos to sell Lichfield fulfilment centre to M&S, shares spark
(Sharecast News) - Asos shares sparked on Monday after the online fashion retailer said it has agreed to sell its Lichfield fulfilment centre to Marks & Spencer.
TRIG seeking to realise £400m over next 12 months
(Sharecast News) - The Renewables Infrastructure Group said on Monday that it would seek to realise £400m over the next 12 months, mainly through asset disposals, as it intensifies efforts to address the persistent discount of its shares to net asset value.
GSK strikes agreement with China's SBP Group, launches final tranche of buyback programme
(Sharecast News) - Drugmaker GSK said on Monday that it has struck an exclusive agreement with Sino Biopharmaceutical subsidiary Chia Tai Tianqing Pharmaceutical to accelerate its chronic hepatitis B treatment, bepirovirsen, in mainland China.
Compass lifts outlook on bumper first half
(Sharecast News) - Catering giant Compass Group boosted its full-year outlook on Monday following a robust first half.
Grainger extends core banking facilities to 2033
(Sharecast News) - Residential landlord Grainger said on Monday that it has agreed an extension on £540m of its core banking facilities to 2033 with AIB, Barclays, HSBC and NatWest.
Games Workshop appoints Neil Tomlinson as chief operating officer
(Sharecast News) - Games Workshop said group operations director Neil Tomlinson has been appointed as chief operating officer.
Tuesday preview: Vodafone, Greggs and US CPI in focus
(Sharecast News) - Tuesday will bring annual results from 3i Infrastructure, Bytes Technology and Vodafone, half-year numbers from Imperial Brands and trading updates from Wickes, Greggs and IMI.
JPMorgan says BT entering next phase of re-rating, altnet threat receding
(Sharecast News) - BT Group was the standout gainer on the FTSE 100 on Friday on the back bullish notes by JPMorgan and Goldman Sachs.
E.ON, Ovo to announce merger agreement next week - report
(Sharecast News) - Household energy suppliers E.ON and Ovo are reportedly targeting a merger announcement next week.
Boss of South East Water quits after winter outages
(Sharecast News) - The chief executive of South East Water has quit following a spate of outages last winter, a week after the utility's chair also stepped down.
Activist Saba Capital doubles holding in Syncona
(Sharecast News) - Activist investor Saba Capital Management has turned its attention to yet another City investment trust, after building up a stake of just over 10% in Syncona.
Workspace rejects Saba's proposed wind-down plan
(Sharecast News) - Workspace said on Friday that it has rejected a proposal by activist investor Saba Capital to wind down the company over a 12-month period to address the discount to net asset value.
Great Portland Estates in prime position as data improves, says Shore Capital
(Sharecast News) - Shore Capital has kept a 'buy' rating on workplace and retail space investor Great Portland Estates, saying that the latest property market data is "very supportive" of the positive investment case for the stock.
Barclays downgrades Workspace, says turnaround will take longer than expected
(Sharecast News) - Barclays downgraded Workspace on Friday to 'underweight' from 'overweight' and slashed the price target to 310p from 450p as it said the turnaround is going to take longer than expected and it forecasts a "material" earnings rebasing over FY27/28.
Gulf Marine Services keeps outlook despite Q1 profit slump
(Sharecast News) - Gulf Marine Services reported a 24% drop in operating profits over the first quarter after having to evacuate four of its vessels in the Gulf as a result of the Iran war, though the company still maintained its guidance for the full year.
Rightmove reaffirms outlook on solid start to the year
(Sharecast News) - Rightmove reiterated full-year guidance on Friday, after the UK property market continued to show resilience despite the weakening macroeconomic backdrop.
Petra Diamonds launches 'immediate' cost review amid weak market pricing
(Sharecast News) - Petra Diamonds' share price slumped on Friday after the South Africa-focused miner said it had kickstarted an immediate cost review to "preserve liquidity" as pricing in the market continues to be weak.
Europe open: Shares fall as US, Iran exchange fire in Hormuz strait
(Sharecast News) - European shares opened sharply lower on Friday as the US and Iran exchanged fire in the Strait of Hormuz, raising fears that the fragile ceasefire between the two may not hold.
IAG warns on profits, cites rising fuel costs
(Sharecast News) - IAG warned on Friday that annual profit would be lower than previously expected as rising fuel costs due to the conflict in the Middle East start to bite.
Berenberg starts Zigup at 'buy'
(Sharecast News) - Analysts at Berenberg initiated coverage on commercial vehicle rental provider Zigup with a 550p target price and a 'buy' rating, stating the group was "in the driving seat" as it approaches a "major" inflection point.
EWIT confirms new chair after boardroom coup
(Sharecast News) - Edinburgh Worldwide Investment Trust confirmed its new board on Friday, a week after the previous incumbents were ousted.
Airtel Africa FY revenues increase as customer numbers grow, data usage rises
(Sharecast News) - Telecommunications provider Airtel Africa posted a strong set of full‑year results on Friday, with revenues, margins and earnings all rising sharply as the group benefited from robust customer growth, higher data usage and continued momentum in its mobile money business.
Intertek rejects EQT's sweetened £8.9bn offer, shares slide
(Sharecast News) - Intertek on Friday rejected Swedish private equity group EQT's sweetened £8.93bn offer saying it "significantly undervalues" the company, adding that it was still committed to a spinoff or demerger of its energy & infrastructure division.
Stifel resumes coverage on Strix at 'buy'
(Sharecast News) - Stifel resumed coverage of Strix on Thursday with a 'buy' rating and a 54p target price, stating the kettle‑controls specialist had stabilised after a difficult period and was now showing early signs of recovery, helped by improving volumes, cost savings and the completion of its recent tender offer.
Clarksons hails 'excellent' start to year as maritime rates rise
(Sharecast News) - Clarksons said on Thursday it had an "excellent start" to 2026, helped by good market fundamentals and increasing demand for industry expertise despite geopolitical uncertainty.
Flutter Entertainment cuts guidance, announces departure of FanDuel CEO
(Sharecast News) - Flutter Entertainment slumped on Thursday after it cut guidance for full-year revenue and adjusted EBITDA, partly due to unfavourable sports results, and announced the departure of Amy Howe, chief executive of its US business.
Rosebank Industries acquisitions on track as ECI trades in line
(Sharecast News) - Rosebank Industries said in an update on Thursday that ECI traded in line with full-year expectations in the first four months of 2026, as the group said its acquisitions of CPM and MW Components remained on track.
Coca-Cola HBC reaffirms outlook despite uncertain backdrop
(Sharecast News) - Coca-Cola HBC reaffirmed full-year guidance on Thursday,despite "challenging" macro conditions and first-quarter revenues coming in narrowly below forecasts.
Genel output, cash flow impacted by Tawke suspension
(Sharecast News) - Genel Energy said in an update on Thursday that production from the Tawke licence in Kurdistan was temporarily halted during the first quarter as a safety measure following the launch of US-Israeli air strikes against Iran, reducing output and cash flow for the period.
Johnson Service Group launches £55m buyback after Q1 growth
(Sharecast News) - Johnson Service Group said on Thursday that first-quarter revenue rose modestly and announced a new £55.0m share buyback programme, as it reiterated confidence in delivering further progress and margin improvement in 2026.
Morgan Advanced Materials reiterates FY26 guidance, CFO to retire
(Sharecast News) - Specialist manufacturer Morgan Advanced Materials said on Thursday that its first-quarter trading performance was in line with expectations, with the group delivering 6.2% organic constant‑currency revenue growth against a weak prior‑year comparator.
Tritax Big Box adds nearly £11m of annual income year-to-date
(Sharecast News) - Tritax Big Box REIT said in an update on Thursday that it had added £10.8m of annual income so far this year through asset management and development activity, as it continued to capture rental growth across its logistics portfolio and progress data centre opportunities.
HgCapital Trust net asset value slips in first quarter
(Sharecast News) - HgCapital Trust reported a decline in net asset value for the first quarter on Thursday, as strong trading across its technology and services portfolio was outweighed by a contraction in valuation multiples amid volatility in public software markets.
Palliser Capital said to be building stake in Autotrader, shares spark
(Sharecast News) - Autotrader shares sparked on Thursday following a report that activist investor Palliser Capital has started building a stake the classifieds company.
Metlen Q1 revenue jumps by more than a third
(Sharecast News) - Metlen Energy & Metals reported a 37% rise in first-quarter revenue on Thursday, supported by growth across energy, metals and infrastructure, as the group continued to reshape its business around energy transition, critical raw materials and industrial technologies.
Lion Finance extends shareholder returns as profits rise
(Sharecast News) - Lion Finance Group reported a 14% rise in first-quarter profit and announced further shareholder returns on Thursday, through a quarterly dividend and a GEL 55.0m share buyback extension.
Berenberg hikes target price on Helios Towers following Q1 numbers
(Sharecast News) - Analysts at Berenberg hiked their target price on telecommunications tower business Helios Towers from 230p to 275p on Thursday after the company released its first quarter results earlier in the day.
Great Portland Estates secures further lettings at 170 Piccadilly
(Sharecast News) - Property development and investment firm Great Portland Estates said on Thursday that it has now let of over 6,200 square feet at its 170 Piccadilly asset in West London, taking the fully managed development to over 73% let or under offer.
S4 Capital Q1 revenues drop amid continued client caution
(Sharecast News) - Martin Sorrell's S4 Capital reported a drop in first-quarter revenue on Thursday amid continued client caution and reduced spending by technology clients in particular, but reiterated its full-year guidance.
Helios Towers raises full-year guidance, shares jump
(Sharecast News) - Helios Towers raised its 2026 guidance after a strong first quarter on Thursday, as tenancy growth drove double-digit increases in revenue and adjusted EBITDA.
Rathbones posts slight dip in Q1 FUMA, net outflows flat
(Sharecast News) - Wealth and asset manager Rathbones has reported a slight dip in funds under management and administration in the first quarter.
Balfour Beatty reaffirms outlook after robust start to the year
(Sharecast News) - Construction contractor Balfour Beatty reaffirmed full-year guidance on Thursday, despite a "volatile" macroeconomic backdrop and inflationary pressures.
Harbour Energy lifts lower end of production forecast
(Sharecast News) - Harbour Energy on Thursday nudged up the lower end of its annual production forecast after acquisitions helped boost its first quarter amid the disruption caused by the Iran war.
Aberdeen inks deal with Saba to manage Herald Investment Trust
(Sharecast News) - Aberdeen Group said on Thursday that its Aberdeen Investments business had reached an agreement to become investment manager of Herald Investment Trust, as part of a wider arrangement with Herald Investment Management and Saba Capital Management.
Hiscox Q1 written premiums up 10.2% on strong retail performance
(Sharecast News) - Insurer Hiscox posted a 10.2% jump in first-quarter written premiums on Thursday as it pointed to accelerating momentum in the retail segment.
Centrica retail EBITDA seen at 'lower end' of guidance range
(Sharecast News) - Energy company Centrica said on Thursday that it had continued to make "good progress" on the execution of its strategy, but warned that retail EBITDA was expected to be "towards the lower end" of its guidance range of £500m to £800m, reflecting the impact of warmer weather year-to-date, the shape of the commodity price curve and "continued challenges" in residential energy bad debt collection.
InterContinental Hotels Q1 RevPAR growth beats expectations
(Sharecast News) - InterContinental Hotels Group posted better-than-expected growth in first-quarter revenue per available room (RevPAR) on Thursday as it backed its expectations for the full year.
BAE sees earnings growth as wars boost arms spending
(Sharecast News) - UK weapons maker BAE Systems reiterated annual guidance of 9% - 11% earnings growth as regional wars continued to boost its order book.
Friday preview: IAG results, non-farm payrolls report in the spotlight
(Sharecast News) - The main highlight on Friday will be the latest US-non-farm payrolls report, while on the corporate front, first-quarter earnings from BA and Iberia owner IAG, full-year results from Airtel Africa and a trading update from property portal Rightmove will be eyed.
Earnings surge at Shell amid soaring energy prices
(Sharecast News) - Oil major Shell posted an above-forecast surge in profits on Thursday, fuelled by soaring energy prices in the wake of the US-Iran war.
M&G net inflows strengthen despite AUMA decline
(Sharecast News) - Savings and investments business M&G reported a "resilient" start to the year on Thursday, with group assets under management and administration edging down to £371bn at 31 March from £376bn at year‑end, as modest market weakness offset improving business flows.
JD Sports shares jump despite warning on profits amid Iran uncertainty
(Sharecast News) - JD Sports Fashion shares jumped on Thursday despite a warning that current-year profits would be lower as it continued to wrestle with muted market growth due to a weaker spending outlook for consumers and uncertainty caused by the Iran war.
Thursday preview: Shell Q1 reslults, JD Sports FY numbers eyed
(Sharecast News) - Thursday will bring first-quarter results from oil giant Shell, a trading and operations update from Harbour Energy and first-quarter earnings from McDonald's.
Deutsche Bank lowers target price on Whitbread following CMD
(Sharecast News) - Deutsche Bank lowered its target price on hospitality group Whitbread from 2,815p to 2,530p on Wednesday as it attempted to "distill the impressively detailed" capital markets day into analysing the targeted £165m pre-tax profit uplift and the firm's revenue/cost guidance.
Lufthansa sees strong demand despite Iran war; Plans fare hikes, cost cuts
(Sharecast News) - German flag carrier Lufthansa held 2026 earnings guidance on Wednesday, saying it would hike fares and cut costs to mitigate the €1.7bn impact of the Iran war on jet fuel prices.
Renishaw reaffirms outlook on bumper third quarter
(Sharecast News) - Renishaw reaffirmed full-year guidance on Wednesday despite mounting geopolitical headwinds, following a surge in third-quarter revenues.
Vanquis on track after first quarter profit
(Sharecast News) - Vanquis Banking Group said on Wednesday that it remained on track to deliver a low double-digit statutory return on tangible equity for 2026 after reporting statutory profit in the first quarter and further growth in customer balances.
Georgia strength helps lift Q1 profit for TBC Bank
(Sharecast News) - TBC Bank Group reported a 15% rise in first-quarter profit and declared a quarterly dividend on Wednesday, as strong performance in Georgia offset weaker profitability in Uzbekistan during a period of heightened global volatility.
Berenberg hikes target price on Synthomer
(Sharecast News) - Analysts at Berenberg hiked their target price on chemicals business Synthomer from 60p to 100p on Wednesday as it said the firm had received "some big, although temporary support" from Iran-linked raw material shortages at Asian peers.
Diageo toasts strong quarter, shares spark
(Sharecast News) - Shares in Guinness-owner Diageo fizzed on Wednesday, after the drinks giant reported better-than-expected third-quarter growth, fuelled by strong demand across Europe and Latin America ahead of the football World Cup.
Reach on‑platform referrals remain 'materially lower' in Q1
(Sharecast News) - Publishing giant Reach said on Wednesday that first-quarter trading had been hit by continued disruption to search and referral volumes, extending trends first highlighted back in July 2025.
Smiths News reports solid first-half trading performance
(Sharecast News) - Smiths News reported a solid first-half trading performance on Wednesday, and said full-year results were expected to be in line with market expectations, supported by growth verticals, collectables and upcoming football-related demand.
Kingfisher chief executive to join Ahold Delhaize
(Sharecast News) - The chief executive of B&Q owner Kingfisher is stepping down after nearly seven years in the role, the retailer confirmed on Wednesday.
Trainline shares slump on sales, Iran war outlook
(Sharecast News) - Shares in Trainline slumped on Wednesday as the online rail ticket platform as it warned the Iran war and a series of policy measures in the UK would hit sales this year.
Wetherspoons warns on profits, cites higher costs
(Sharecast News) - Pub group Wetherspoons warned on profits again on Wednesday as it pointed to higher costs.
Next boosts outlook after robust first quarter
(Sharecast News) - Retailer Next lifted full-year guidance on Wednesday after first-quarter sales beat forecasts, boosted by unusually warm weather.
Smith & Nephew trades in line during Q1, reiterates FY guidance
(Sharecast News) - Medical equipment manufacturer Smith & Nephew said on Wednesday that its first-quarter trading performance was in line with expectations, with underlying revenues growing year-on-year on the back of a solid performance across all business units and regions.
BMW shares jump as Q1 beats expectations
(Sharecast News) - Shares in German automaker BMW jumped on Wednesday after the company reported better than expected first-quarter earnings and held annual guidance despite competition from China and the threat of higher US tariffs.
FCA launches probe into PayPal, Mastercard and Visa
(Sharecast News) - The Financial Conduct Authority said on Wednesday that it has launched an investigation into suspected anti-competitive behaviour between PayPal, Matercard and Visa.
Wednesday preview: Next, Flutter and Diageo in focus
(Sharecast News) - Wednesday sees the release of first-quarter earnings from sports betting and gambling firm Flutter Entertainment, a third-quarter trading update from drinks company Diageo and a Q1 trading update from clothing and homeware retailer Next.
Canaccord Genuity lowers target price on Invinity Energy Systems
(Sharecast News) - Canaccord Genuity lowered its target price on battery manufacturer Invinity Energy Systems from 40p to 33p on Tuesdsay after the AIM-listed firm issued revised guidance for its 2026-28 commercial pipeline and project grant income.
Gulf Marine Services enters Africa, LatAm with new contract deals
(Sharecast News) - Shares in Gulf Marine Services rose on Tuesday after the group announced two "significant" contract wins, marking its entry into the new international markets of Africa and Latin America.
Ryanair passenger numbers rise 5% in April
(Sharecast News) - Budget airline Ryanair reported a 5% jump in passenger numbers for April on Tuesday.
Klarna and Starling dent Chrysalis NAV, shares slump
(Sharecast News) - Chrysalis Investments shares slumped on Tuesday as it reported a drop in first-quarter net asset value, pointing to write-downs for Starling and Klarna, and said it was moving to a self-managed structure.
Amigo Resources shares gain on new Tanzanian rare earths joint venture
(Sharecast News) - Shares in Amigo Resources rose on Tuesday after the gold and rare earth element (REE) miner unveiled a new strategic joint venture in south-west Tanzania, giving it a stake in a REE licence package in one of East Africa's most prospective REE provinces.
Intertek surges as EQT sweetens takeover proposal again
(Sharecast News) - Intertek surged on Tuesday after Swedish private equity firm EQT sweetened its takeover proposal for the inspection, product testing and certification group.
Vodafone to buy out CK Hutchison JV in £4.3bn deal
(Sharecast News) - Vodafone said on Tuesday that it has agreed to buy CK Hutchison's stake in mobile operator and broadband provider VodafoneThree for £4.3bn, taking full ownership of the joint venture.
Berenberg starts Burberry at 'hold'
(Sharecast News) - Analysts at Berenberg initiated coverage on luxury fashion house Burberry with a 'hold' rating and a 1,080p target price on Tuesday, as it noted the group was "not fully waterproof".
Plus500 confident in full-year outlook after better-than-expected Q1
(Sharecast News) - Plus500 said it remains confident in its outlook for FY26 following a better-than-expected performance in the first quarter.
First-quarter profits miss forecasts at HSBC
(Sharecast News) - HSBC posted a surprise fall in quarterly earnings on Tuesday, despite a spike in net interest income, after credit impairments rose at Europe's largest lender.
Wizz Air passenger numbers up 21.9pc in April
(Sharecast News) - Budget carrier Wizz Air said on Tuesday that passenger numbers were up a 21.9% year-on-year in April, with the Hungarian airline carrying 6.63m people last month.
Capricorn Energy shares rise on loan settlement, Waldorf windfall
(Sharecast News) - Capricorn Energy's share price received a boost on Tuesday from the news that the Egyptian oil and gas group has repaid its loans early, while receiving up to $5m following the restructuring of Waldorf Production UK.
New EWIT board says top priority is to maximise shareholder value
(Sharecast News) - The new board of Edinburgh Worldwide Investment Trust said on Friday that its top priority is to maximise shareholder value after activist investor Saba Capital finally succeeded in ousting the trust's directors.
NewRiver REIT ends year in line with analyst expectations
(Sharecast News) - NewRiver REIT said on Friday that full-year underlying funds from operations and EPRA net tangible assets per share were expected to be in line with analyst consensus, after a year in which it completed the integration of Capital & Regional and strengthened its balance sheet.
Berenberg lowers target price on Unilever
(Sharecast News) - Berenberg lowered its target price on consumer goods giant Unilever from £58.40 to £50.40 on Friday following the group's first quarter sales figures a day earlier.
Canaccord Genuity upgrades Halfords to 'buy'
(Sharecast News) - Analysts at Canaccord Genuity upgraded motoring and cycling products retailer Halfords from 'hold' to 'buy' on Friday following the group's "better-than-expected" second half trading performance.
Rotork backs full-year guidance after 'resilient' Q1
(Sharecast News) - Rotork backed its full-year guidance on Friday as the industrial valve manufacturer hailed a "resilient" first quarter.
NatWest lifts income guidance as Q1 profits jump 12%
(Sharecast News) - NatWest on Friday said it expected annual earnings to be at the upper end of guidance after posting a 12% jump in first quarter profits.
MJ Gleeson confident despite restructuring costs, legacy site provisions
(Sharecast News) - MJ Gleeson said on Friday that trading in its housebuilding business had remained resilient, but warned it would book restructuring costs and legacy site provisions as it continued to reshape the group.
Pearson posts solid Q1 performance, sales grow 4pc
(Sharecast News) - Education and assessment firm Pearson said on Friday that it had made a solid start to 2026, with underlying group sales up 4% in the first quarter and all divisions trading in line with expectations, keeping it on track to meet full‑year guidance.
Edinburgh Worldwide board 'disappointed' as it expects votes to go Saba's way
(Sharecast News) - Edinburgh Worldwide Investment Trust said on Thursday that it expected shareholders to vote against the reappointment of its five independent directors and approve three nominees proposed by Saba Capital Management at its annual general meeting, marking a significant win for the US activist after earlier attempts to gain control of UK-listed trusts had largely failed.
Evoke FY losses widen, confirms closure of 270 shops
(Sharecast News) - William Hill and 888 owner Evoke reported a widening of its full-year losses on Thursday as it confirmed the closure of around 270 shops.
ArcelorMittal Q1 jumps on higher steel prices
(Sharecast News) - Steelmaker ArcelorMittal on Thursday posted better-than-expected first quarter earnings, helped by higher steel prices.
SIG flags fall in Q1 sales, appoints new finance chief
(Sharecast News) - SIG said in an update on Thursday that first-quarter sales fell as weak construction demand and poor weather weighed on trading, while the building products supplier also announced the appointment of Simon Kesterton as chief financial officer.
United Utilities unveils £800m capital raise, shares soar
(Sharecast News) - Shares in United Utilities Group soared on Thursday, after the water company unveiled plans to raise £800m to help fund a wide-ranging, multi-billion pound investment in its infrastructure.
Repsol Q1 earnings jump on higher oil prices, refining margins
(Sharecast News) - Spanish oil producer Repsol targeted higher kerosene output as it reported a jump in first quarter earnings driven by higher prices caused by the Iran war.
Alfa Financial trading in line as subscriptions, delivery revenues grow
(Sharecast News) - Alfa Financial Software said on Thursday that first-quarter trading was in line with expectations, supported by growth in subscription and delivery revenues and a higher total contract value.
Endeavour posts record Q1 EBITDA, free cash flow amid surging gold price
(Sharecast News) - Endeavour Mining reported record first-quarter adjusted EBITDA and free cash flow on Thursday amid a surge in the price of gold, and said it was on track to potentially more than double its commitment to minimum shareholder returns.
OSB Group reports 'resilient' YTD performance
(Sharecast News) - Private banking firm OSB Group said on Thursday that it had delivered a "resilient" performance in the opening months of 2026, with trading broadly in line with full‑year guidance.
Lancashire Holdings on track to meet full-year expectations
(Sharecast News) - Lancashire Holdings said in an update on Thursday that it had made a positive start to 2026 and remained on track to deliver full-year results in line with guidance after a relatively benign first-quarter loss environment.
Persimmon reaffirms outlook after strong start to the year
(Sharecast News) - Shares in Persimmon sparked on Thursday, after the housebuilder reaffirmed its full-year outlook despite early signs of inflation in its supply chain.
NCC trades in line during H1 as revenue, margins improve
(Sharecast News) - Information assurance firm NCC Group said on Thursday that first‑half trading was in line with internal expectations, with revenue, margins and earnings all improving year‑on‑year.
Metro Bank upbeat on profit growth, higher lending
(Sharecast News) - Metro Bank said in an update on Thursday that it started 2026 well, with continued profit growth and higher lending in its target segments, as the lender reaffirmed all previous guidance.
International Personal Finance trading well ahead of planned takeover
(Sharecast News) - International Personal Finance said in an update on Thursday that it made a positive start to 2026, with customer lending, receivables and customer numbers all increasing as demand remained robust across its markets.
Inchcape reiterates full-year guidance after solid Q1
(Sharecast News) - Inchcape reiterated its full-year guidance on Thursday after first-quarter revenue growth came in line with management expectations, supported by distribution contract wins, market share gains and strength in the Americas and Europe and Africa.
Whitbread to cut 3,800 jobs as part of new five-year plan
(Sharecast News) - Whitbread announced a new five-year plan on Thursday that will involve the sale and leaseback of £1.5bn of its freehold properties, target £2bn of free cash flow, and result in the loss of around 3,800 jobs as it does away with its chain of branded restaurants.
Drax reiterates guidance amid solid operational performance
(Sharecast News) - Energy firm Drax said on Thursday that recent trading had remained in line with expectations, with a "good operational performance" across the group and full‑year 2026 adjusted underlying earnings still seen in line with consensus estimates of £643m to £682m.
Drax reiterates guidance amid solid operational performance
(Sharecast News) - Energy firm Drax said on Thursday that recent trading had remained in line with expectations, with a "good operational performance" across the group and full‑year 2026 adjusted underlying earnings still seen in line with consensus estimates of £643m to £682m.
Stellantis shares slump despite forecast-busting Q1
(Sharecast News) - Shares in Stellantis slumped on Thursday despite the auto maker smashing first quarter earnings forecasts on the back of higher sales.
Q1 profits beat forecasts at StanChart
(Sharecast News) - First-quarter profits at Standard Chartered came in ahead of expectations on Thursday, driven by strong growth in the blue chip's wealth business.
Hammerson CFO to stand down following H1 results
(Sharecast News) - Property development and investment firm Hammerson announced on Thursday that chief financial officer Himanshu Raja had informed the board of his intention to retire after five years in the role.
DCC rejects 5,800p a share takeover proposal from Energy Capital, KKR
(Sharecast News) - DCC said on Thursday that it had rejected a 5,800p per share cash takeover proposal from US investment firms Energy Capital Partners and KKR.
Glencore sees commodity price rises offsetting impact of Iran war
(Sharecast News) - Mining giant Glencore said its marketing division should deliver earnings at the top end of guidance and expected higher commodity prices to more than offset the impact of the Iran war.
Friday preview: NatWest and Pearson in the spotlight
(Sharecast News) - Friday will bring a quiet end to a very busy week that's been packed full of central bank policy announcements and earnings.
Weir Q1 orders rise on stronger mining project activity, CEO to stand down
(Sharecast News) - Engineering firm Weir said on Thursday that first‑quarter order growth had been supported by rising investment in brownfield and greenfield mining projects as supply deficits in key metals emerged, but traded lower as it announced the exit of long-time chief executive Jon Stanton.
Unilever reaffirms outlook on robust first quarter
(Sharecast News) - Consumer goods giant Unilever reconfirmed its outlook on Thursday, despite heightened macroeconomic activity, following a robust start to the year.
Rolls-Royce on track to meet guidance despite Iran war, shares spark
(Sharecast News) - Rolls-Royce held guidance after making a strong start to the year across all divisions as it moved quickly to mitigate the impact of the Iran war, sending shares in the aerospace engineer up more than 7% on Thursday.
Oakley Capital reports positive Q1 NAV per-share return
(Sharecast News) - Oakley Capital Investments reported a 2.7% total net asset value return per share in the first quarter on Wednesday, although its share price fell sharply amid a wider sell-off in listed private equity and investment trusts.
DCC surges on takeover proposal from Energy Capital, KKR
(Sharecast News) - DCC surged on Wednesday after the sales, marketing and support services group confirmed its has received a cash takeover proposal from a consortium of US investment firms Energy Capital Partners and KKR.
Treatt agrees to be taken over in £183m deal
(Sharecast News) - Shares in Treatt soared on Wednesday, after the 140-year-old extracts and ingredients specialist agreed to be taken over in a £183m deal.
Decline in net inflows, volatility weigh on assets for St James's Place
(Sharecast News) - St James's Place reported a rise in first-quarter gross inflows and higher funds under management than a year earlier on Wednesday, although net inflows declined and market volatility weighed on assets during the period.
Halfords lifts full-year profit outlook, shares spark
(Sharecast News) - Halfords shares surged on Wednesday after the motoring and cycling products retailer lifted its full-year profit outlook.
Prudential reports another quarter of new business profit growth, shares fall
(Sharecast News) - Prudential reported another quarter of double-digit new business profit growth on Wednesday, with higher sales and improved margins across its Asia and Africa-focused business.
China, US tariffs hit Mercedes Q1
(Sharecast News) - German auto giant Mercedes-Benz posted a sharp decline in first-quarter profits and revenue as US tariffs, growing competition and geopolitical turmoil hit trade.
Berenberg hikes target price on Anglo American ahead of Teck merger
(Sharecast News) - Berenberg hiked its target price on mining giant Anglo American from 3,600p to 4,100p on Wednesday, stating the group was "grinding higher" as it approached the close of its merger with Teck Resources.
Frasers Group snaps up two outlet centres
(Sharecast News) - Frasers Group has snapped up two outlet shopping centres, it was confirmed on Wednesday, part of ongoing plans to bolster its position as both a retailer and a landlord.
US, Ireland acquisitions underpin trading at Breedon
(Sharecast News) - Breedon Group said on Wednesday that trading in its first quarter was in line with expectations, with revenue growth supported by acquisitions in the United States and Ireland.
Melrose Industries Q1 revenues up 11pc, maintains FY guidance
(Sharecast News) - Aerospace firm Melrose Industries said on Wednesday that it had made a solid start to the year, reporting a strong first‑quarter performance ahead of its annual general meeting as both its engines and airframes divisions delivered further operational and commercial progress.
TotalEnergies Q1 profits jump as Iran war pumps oil prices higher
(Sharecast News) - TotalEnergies first quarter profits jumped by almost a third on the back of higher oil prices due to the US-Israel war and despite a hit to production from the conflict.
Sales jump at GSK on strong demand for specialty drugs
(Sharecast News) - GSK posted above-forecast first-quarter profits on Wednesday, boosted by robust demand for its specialist HIV and oncology drugs.
Elementis backs FY outlook after 'strong' first quarter
(Sharecast News) - Elementis backed its full-year expectations on Wednesday and reported a rise in first-quarter profit and revenue as its 'Elevate Elementis' strategy delivers ahead of plan.
RBC Capital lowers target price on SIG
(Sharecast News) - Analysts at RBC Capital Markets lowered their target price on construction products business SIG from 870p to 800p on Wednesday as it updated its model to reflect the firm's new divisional structure and trimmed its adjusted underlying earnings estimates by 10% on average through FY28 reflecting weak underlying market conditions.
Lloyds Q1 profit beats expectations, FY income target lifted
(Sharecast News) - Lloyds Banking Group reported a 33% jump in first-quarter pre-tax profit on Wednesday to £2.0bn, beating consensus expectations of £1.8bn, as it lifted its full-year target for underlying net interest income.
RHI Magnesita Q1 earnings rise despite softer steel industry demand
(Sharecast News) - Refractory specialist RHI Magnesita on Wednesday held annual guidance despite slightly weaker demand for its products in the global steel market.
PPHE Hotel Group Q1 revenues grow on solid London demand
(Sharecast News) - Hospitality real estate firm PPHE Hotel Group said on Wednesday that both revenue and room rates had continued to improve in the three months ended 31 March, driven by demand across the group's London portfolio.
Thursday preview: BoE, ECB policy announcements due
(Sharecast News) - Policy announcements from the Bank of England and the European Central Bank will be in focus on Thursday, along with quarterly earnings from US tech giant Apple.
Haleon reaffirms outlook despite weaker-than-expected Q1 sales
(Sharecast News) - Panadol-owner Haleon reiterated full-year guidance on Wednesday, despite a poor cold and flu season weighing on first quarter sales.
AstraZeneca Q1 revenues grow, reiterates FY26 constant currency guidance
(Sharecast News) - Drugmaker AstraZeneca said on Wednesday that it had delivered solid revenue growth and a series of positive late‑stage trial readouts in the first quarter, reinforcing confidence in its 2030 ambitions.
Heathrow shareholder CIC mulls stake sale amid Middle East traffic disruption
(Sharecast News) - Sovereign wealth fund Chinese Investment Corporation has reportedly put its 10% shareholding in Heathrow on "active watch" amid worries about the cost of a third runway, as the airport continues to grapple with uncertainty caused by the Middle East conflict.
Aston Martin narrows losses, unveils £50m in new funding
(Sharecast News) - Luxury car maker Aston Martin held guidance as it narrowed first-quarter losses and unveiled a new £50m funding package from members of chairman Lawrence Stroll's Yew Tree consortium.
US chip stocks slump on report OpenAI missed revenue targets
(Sharecast News) - US chip stocks were under the cosh on Tuesday following a report that OpenAI recently missed its own targets for new users and revenue.
UBS downgrades SSP, shares slide
(Sharecast News) - UBS downgraded its rating on SSP on Tuesday, sending shares in the Upper Crust and Millie's Cookies owner tumbling.
Citi lowers Sainsbury's to 'neutral'
(Sharecast News) - Citi downgraded supermarket chain Sainsbury's from 'buy' to 'neutral' and lowered its target price on the stock from 377p to 335p on Tuesday following the group's "broadly in-line FY26 results" and weaker-than- expected FY27 EBIT guidance.
Tullow Oil confident after fall in full-year revenue, earnings
(Sharecast News) - Tullow Oil reported a sharp fall in 2025 revenue and earnings on Tuesday as production declined, but said it had laid "significant foundations" for value creation after asset disposals, cost reductions and a comprehensive refinancing completed in April.
Howden Joinery makes positive start to year
(Sharecast News) - Howden Joinery said on Tuesday that it had made a positive start to 2026, with trading in line with its full-year outlook after underlying group revenue rose in the first 16 weeks of the year.
Coca-Cola Europacific reaffirms full-year guidance after solid Q1
(Sharecast News) - Coca-Cola Europacific Partners reaffirmed its full-year guidance on Tuesday after reporting a rise in first-quarter revenue, helped by stronger volumes, calendar phasing and an earlier Easter.
Telecom Plus sees FY profits at bottom end of guidance, shares slide
(Sharecast News) - Telecom Plus tumbled on Tuesday as it warned that full-year profits would come in at the bottom end of guidance following reduced energy consumption during an unseasonably warm winter.
Ferrexpo shares face suspension after delay to $100m fundraising
(Sharecast News) - Ferrexpo warned on Tuesday that its shares faced suspension, following a delay to a vital $100m fundraising.
Card Factory FY profit falls as H2 footfall slows; £15m buyback announced
(Sharecast News) - Card Factory posted a drop in full-year profit on Tuesday as weak consumer confidence led to softer high street footfall in the second half, but shares of the retailer rose as it announced a £15m share buyback.
Berenberg hikes target price on Filtronic following site visit
(Sharecast News) - Analysts at Berenberg hiked their target price on communications equipment designer and manufacturer Filttronic from 213p to 360p on Tuesday, stating a recent site visit had reinforced the company's potential.
GSK hepatitis B drug secures FDA priority review
(Sharecast News) - Pharmaceutical giant GSK said on Tuesday that the US Food and Drug Administration had accepted its new drug application for bepirovirsen for priority review, with the drug being assessed as a potential treatment for adults with chronic hepatitis B.
WPP keeps FY targets despite falling Q1 sales
(Sharecast News) - Media and comms group WPP said client losses and conflict in the Middle East dented sales in the first quarter, though the decline wasn't as bad as feared as the company reiterated its targets for the full year.
Anglo American Q1 mixed as weather hits coal, metals broadly stable
(Sharecast News) - Mining giant Anglo American reported a mixed first quarter production performance on Tuesday, with gains in several key commodities offset by weather‑related disruption and operational challenges elsewhere.
Travis Perkins reports challenging first quarter
(Sharecast News) - Travis Perkins said in an update on Tuesday that trading conditions remained challenging in the first quarter as group revenue fell on a like-for-like basis amid subdued construction activity.
Barclays posts 'solid' Q1 performance, launches £500m buyback
(Sharecast News) - British banking giant Barclays posted a solid first‑quarter performance on Monday, delivering double‑digit returns across all divisions, announcing a fresh share buyback and reiterating its medium‑term targets as it continued to push ahead with its strategic plan.
Taylor Wimpey warns over rising costs as completions fall, sales steady
(Sharecast News) - Housebuilder Taylor Wimpey warned over rising costs on Tuesday as it reported a fall in completions and steady sales.
BP Q1 profit beats expectations amid surge in oil and gas prices
(Sharecast News) - BP posted a better-than-expected first-quarter profit on Tuesday as the oil giant benefited from a surge in oil and gas prices due to the Iran war.
Wednesday preview: Four of the 'Mag 7' to report, Fed policy announcement due
(Sharecast News) - Four of the five 'Magnificent Seven' are slated to report across the pond on Wednesday, with Alphabet, Microsoft, Amazon and Meta Platforms all set to release results.
AstraZeneca's asthma maintenance treatment receives US FDA approval
(Sharecast News) - Drugmaker AstraZeneca said on Tuesday that it asthma maintenance treatment Breztri Aerosphere had received approval from the US Food and Drug Administration for adults and adolescents aged 12 and over.
Shell to buy Canada's ARC Resources in $16.4bn deal
(Sharecast News) - Shell said on Monday that it has agreed to buy Canada's ARC Resources in a $16.4bn cash and stock deal.
Entain tumbles as shareholder Eminence Capital to be shuttered
(Sharecast News) - Shares of Ladbrokes owner Entain tumbled on Monday on news that major shareholder Eminence Capital is being shuttered.
Vanquis accepts FCA's motor finance redress scheme
(Sharecast News) - Vanquis Banking Group confirmed on Monday it would not launch legal action against the financial watchdog's motor finance redress scheme.
Goldman double downgrades Sainsbury's to 'sell', shares slump
(Sharecast News) - Sainsbury's was under the cosh on Monday after Goldman Sachs downgraded its stance on the supermarket retailer to 'sell' from 'buy' and cut the price target to 335p from 390p, citing macro headwinds and intensifying competition in non-food retail.
Berenberg lowers target price on Reckitt, stays at 'hold'
(Sharecast News) - Analysts at Berenberg lowered their target price on consumer goods giant Reckitt from 5,442p to 5,179p on Monday, following the group's recent first quarter results.
Gana Media shares jump on new betting partnership in Mexico
(Sharecast News) - Sports content and online betting group Gana Media has announced a new partnership with AI-powered marketing and content solutions firm Vor Interactive in Mexico.
Canaccord Genuity lowers target price on Bango
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on software firm Bango from 212p to 181p on Monday following the group's recent full-year results.
PensionBee reaches £8bn AUA milestone
(Sharecast News) - Online retirement savings provider PensionBee Group announced on Monday that assets under administration had hit approximately £8bn.
Whitbread planning £1.5bn hotel selloff - report
(Sharecast News) - Premier Inn owner Whitbread is reportedly planning to sell a swathe of hotels to unlock £1.5bn for shareholders.
Harworth wins planning approval for Microsoft data centre scheme
(Sharecast News) - Property developer Harworth Group said on Monday that the Leeds local planning committee had passed a resolution to approve Microsoft's planning application at Skelton Grange in West Yorkshire.
Intertek slumps after rejecting improved takeover proposal from EQT
(Sharecast News) - Intertek slumped on Monday after it rejected a revised takeover proposal from Swedish private equity firm EQT at 5,400p per share.
Power Probe gives upbeat outlook as FY revenues climb
(Sharecast News) - Automotive electrical diagnostic tools group Power Probe reported a drop in profits but a big jump in revenues in its maiden annual results as a listed company on Monday, but painted a positive outlook on the back of new product launches, partnerships and manufacturing expansion.
US court rules against GSK in dispute with AnaptysBio
(Sharecast News) - A US court has granted a motion to dismiss filed by biotech AnaptysBio in a dispute with GSK's oncology unit, it was confirmed on Monday.
Molten Ventures shares jump on GPV, NAV gains
(Sharecast News) - Tech investor Molten Ventures on Monday said it expected to report sharp rises in net asset value and gross portfolio value supported by a strong portfolio management and its ongoing share buyback programme.
AstraZeneca's Saphnelo Pen gets green light from US FDA
(Sharecast News) - Drugmaker AstraZeneca said on Monday that its systemic lupus erythematosus treatment Saphnelo (anifrolumab) hsd received US Food and Drug Administration approval for self‑administration via a once‑weekly autoinjector, the Saphnelo Pen.
Tuesday preview: BP and Barclays results in focus
(Sharecast News) - Investors will get the latest policy announcement from the Bank of Japan on Tuesday, while on the UK corporate front, first-quarter numbers are due from Barclays and BP, preliminary results from Card Factory, and trading updates from Taylor Wimpey, Travis Perkins, WPP and Howden Joinery.
Morgan Stanley double upgrades BAT to 'overweight'
(Sharecast News) - Morgan Stanley double upgraded British American Tobacco on Friday to 'overweight', saying it was its top pick in European tobacco.
Deutsche Bank downgrades Berkeley to 'hold' from 'buy'
(Sharecast News) - Deutsche Bank downgraded Berkeley Group to 'hold' from 'buy' on Friday and slashed the price target.
Berenberg lowers target price on Workspace ahead of 'period of transition'
(Sharecast News) - Berenberg lowered its target price on Workspace Group from 503p to 401p per share on Friday as it pointed to a "period of transition ahead".
Canada's Cohere to buy German AI startup Aleph Alpha
(Sharecast News) - Canadian artificial intelligence company Cohere on Friday said it planned to buy German AI company Aleph Alpha for an undisclosed sum.
Kuehne + Nagel lifts bottom end of earnings guidance
(Sharecast News) - Swiss logistics company Kuehne und Nagel lifted the lower end of annual earnings guidance but noted that the war on Iran was hitting its sea freight business.
Porsche sells stakes in Bugatti owner Rimac
(Sharecast News) - Luxury automaker Porsche said it was selling its stakes in Bugatti Rimac and Rimac Group to a consortium led by HOF Capital, a New York-based investment firm.
Canaccord Genuity slashes target price on Future
(Sharecast News) - Analysts at Canaccord Genuity slashed their target price on publishing firm Future from 733p to 358p on Friday after the group's most recent update indicated its trading performance had been "well below consensus expectations".
JD Sports chair quit after failing to convince board to oust CEO - FT
(Sharecast News) - Andy Higginson reportedly quit as chair of JD Sports this week after pushing for chief executive Régis Schultz to be ousted and failing to win unanimous backing for the move from retailer's board.
Computacenter lifts FY outlook after 'strong' Q1 performance
(Sharecast News) - Technology and services provider Computacenter said on Friday that full-year results would be "comfortably ahead" of market expectations as it had reported a first‑quarter performance that came in "significantly ahead" of the prior year and "well above" internal expectations, driven by robust growth in technology sourcing unit and continued progress in services.
Mondi shares slump on Q1 earnings, Iran volatility warning
(Sharecast News) - Paper and packaging firm Mondi on Friday said it was raising prices and cutting jobs in response to increased volatility caused by the US-Israel war on Iran and Lebanon, sending shares in the firm sharply lower.
Bank of America downgrades Entain, shares slump
(Sharecast News) - Bank of America downgraded its stance on Ladbrokes owner Entain on Thursday to 'neutral' from 'buy' and cut the price target to 700p from 870p as it pointed to rising competition from prediction markets and slowing UK growth.
Bluefield Solar sees small hit to NAV from govt energy policy changes
(Sharecast News) - Bluefield Solar Income Fund said it expected a small reduction in net asset value as a result of the UK government decision to axe the Carbon Price Support (CPS) levy from 2028.
Sanofi shares jump on solid Q1 ahead of new CEO arrival
(Sharecast News) - Shares in Sanofi rose as the French pharma giant beat first-quarter sales estimates on Thursday on continuing demand for its Dupixent asthma and eczema drug just before the arrival of new chief executive Belén Garijo.
Raspberry Pi Foundation agrees to sell 10.9 million shares
(Sharecast News) - Raspberry Pi announced on Thursday that the Raspberry Pi Foundation had agreed to sell 10.9 million existing shares at 550p each, raising gross proceeds of about £60m through a placing to strategic and institutional investors and a separate retail offer.
Safran sees FY at upper end after Q1 revenue beats forecasts
(Sharecast News) - French jet engine maker Safran said it expected full year earnings to be at the upper end of guidance after first-quarter revenue beat estimates.
Dassault shares jump as Q1 revenue in line with estimates
(Sharecast News) - Shares in Dassault Systemes jumped on Thursday as the French software maker reported first-quarter revenue in line with expectations and held full-year guidance.
Saab Q1 earnings beat forecasts on strong order book
(Sharecast News) - Swedish aerospace and defence group Saab on Thursday posted a better-than expected rise in first-quarter operating profit.
Berenberg lowers target price on GB Group
(Sharecast News) - Analysts at Berenberg lowered their target price on software firm GB Group from 340p to 290p on Thursday following the group's full-year trading update a day earlier.
Losses narrow at Asos despite slide in revenues
(Sharecast News) - Asos saw losses more than halve in the first six months of the year, the fast fashion brand confirmed on Thursday, despite a slide in revenues.
LSEG lifts full-year revenue outlook
(Sharecast News) - London Stock Exchange Group lifted its full-year revenue outlook on Thursday following record first-quarter revenue.
Relx shares fall despite flagging solid start to year
(Sharecast News) - Relx said in an update on Thursday that it has started the year well across all four of its business areas, reporting strong underlying revenue and profit growth alongside robust new sales, as it reaffirmed its full-year outlook ahead of its annual general meeting.
Tritax Big Box secures two new leases with Currys
(Sharecast News) - Real estate investment trust Tritax Big Box said on Thursday that it had secured two new leases with electrical retail giant Currys at Tritax Park Newark, generating £9.5m in annual rental income for 20 years.
Sainsbury's says profits could fall this year, cites Iran war impact
(Sharecast News) - Sainsbury's cautioned on Thursday that full-year profits could fall this year as the outlook is uncertain due to the impact of the war on Iran.
Hikma reiterates guidance despite Iran war hitting costs
(Sharecast News) - Hikma Pharmaceuticals reiterated full-year guidance on Thursday, despite a rise in costs following the outbreak of war in the Middle East.
Man Group reports uptick in assets under management
(Sharecast News) - Man Group reported assets under management of $228.7bn as at 31 March on Thursday, up from $227.6bn at the end of December, as positive investment performance more than offset net outflows in the first quarter, while the alternative investment manager also separately corrected previously disclosed ESG-integrated AUM figures in its 2025 annual report.
Segro delivers 'strong operational performance' in Q1
(Sharecast News) - Property investment and development firm Segro said on Thursday that it had delivered a "strong operational performance" during the first quarter, with £23m of new headline rent contracted, including £12m of development lettings.
AJ Bell hails record Q2 inflows, customer growth
(Sharecast News) - Investment platform AJ Bell reported record second-quarter net inflows on Thursday amid record growth in customer numbers.
WH Smith shares tank as Iran war forces profit warning, divi suspension
(Sharecast News) - Travel outlet retailer WH Smith cut its full-year profit forecast and suspended its dividend, citing the impact of the Iran war on flight schedules to the Middle East, sending shares in the company down as much as 17% in morning trade on Thursday.
Friday preview: UK retail sales, Mondi update due
(Sharecast News) - On Friday's corporate calendar, a first-quarter trading update is due from paper and packaging group Mondi, while Swiss building materials group Holcim will also update on Q1.
Domino's Pizza Group makes 'encouraging start' to FY26
(Sharecast News) - UK-based master franchise Domino's Pizza Group said on Thursday that Q1 trading had marked "an encouraging start to the year", with year-on-year growth across total system sales, like‑for‑like sales and orders.
Oil prices rise as Iran war hits stalemate over Hormuz strait
(Sharecast News) - Oil prices rose again on Thursday as the continuing Iran war stalemate dragged on with no sign of a resolution soon.
Baltic Classifieds COO Simonas Orkinas to step down
(Sharecast News) - Baltic Classifieds said on Wednesday that chief operating officer Simonas Orkinas plans to retire and not to stand for re-election at the next annual general meeting in September.
Sweden's EQT lifts takeover proposal for Intertek
(Sharecast News) - Intertek said on Wednesday that Swedish private equity firm EQT has sweetened its takeover proposal for the inspection, product testing and certification group.
Berenberg lowers target price on LBG Media following H1 update
(Sharecast News) - Berenberg cut its target price on digital publisher LBG Media from 170p to 90p on Wednesday following the group's interim trading update.
Deutsche Bank downgrades Crest Nicholson after profit warning
(Sharecast News) - Deutsche Bank downgraded Crest Nicholson on Wednesday to 'hold' from 'buy' and slashed the price target to 79p from 228p following the housebuilder's profit warning a day earlier.
Boeing shares jump in pre-mkt trade as Q1 loss, sales beat forecasts
(Sharecast News) - Shares in Boeing rose in pre-market trade on Wednesday as the aircraft maker posted a lower-than-expected first-quarter loss on the back of better sales.
Croda ups prices as costs rise, reaffirms outlook
(Sharecast News) - Croda International reiterated its full-year outlook on Wednesday, after the speciality chemicals group upped prices in response to rising cost inflation.
ASM shares surge as Q1 sales beat forecasts on AI demand
(Sharecast News) - Shares in ASM International surged on Wednesday after the Dutch semiconductor equipment maker posted better than expected first quarter sales driven by demand for artificial intelligence.
Hochschild reports Q1 production in line with expectations
(Sharecast News) - Hochschild Mining reported first-quarter production in line with expectations and maintained its full-year guidance on Wednesday, supported by strong performance at its Inmaculada mine and improving operations at Mara Rosa in Brazil.
Aberdeen confident despite fall in assets under management
(Sharecast News) - Aberdeen Group reported a decline in assets under management and administration in the first quarter of 2026 on Wednesday, as market weakness, outflows and a business disposal offset strong growth in its retail platform.
GB Group reports solid FY26 performance, sees mid‑single‑digit growth in FY27
(Sharecast News) - Software firm GB Group said on Wednesday that its full-year trading performance was in line with market expectations, with revenue and profit both ticking higher.
BHP sees copper output at upper end; Signs China iron ore deal
(Sharecast News) - Australian mining giant BHP said it expected annual copper production to be in the upper half of its guidance range and also confirmed an iron-ore supply deal with China.
Weak cold and flu season hits sales at Reckitt Benckiser
(Sharecast News) - Shares in Reckitt Benckiser Group fell on Wednesday, after a weak cold and flu season weighed on first-quarter trading.
Liontrust sees AuMA tick higher post year-end after tough March
(Sharecast News) - Asset manager Liontrust said it has benefitted from investors diversifying away from US equities as it reported its lowest quarter for net outflows in over three years.
Ferrexpo pursuing $100m equity raise to shore up liquidity
(Sharecast News) - Ferrexpo said in an update on Wednesday that it was pursuing a potential equity capital raise of at least $100m as it looked to shore up liquidity amid ongoing operational disruption and financial pressure linked to the war in Ukraine.
UK's FCA faces legal challenge over car loan redress scheme - report
(Sharecast News) - A consumer group is reportedly preparing to take Britain's financial regulator to court in an attempt to overhaul the £9.1bn compensation scheme agreed for victims of the car loan scandal, claiming they have been shortchanged.
Quilter sees record Q1 net inflows, platform momentum strong
(Sharecast News) - Wealth management firm Quilter reported record quarterly core net inflows in the first three months of 2026, topping £3bn for the first time as momentum continued across the business.
Senior delivers 'good start' to FY26
(Sharecast News) - High technology components manufacturer Senior said on Wednesday that it had delivered a "good start to 2026", with the firm's full year performance now anticipated to be above previous expectations.
RBC Capital Markets slashes Crest Nicholdon target price
(Sharecast News) - Analysts at RBC Capital Markets cut their target price on housebuilding company Crest Nicholson from 155p to 95p on Wednesday after the firm followed Berkeley Group in resetting expectations just a few short weeks after issuing a "robust trading update".
JD Sports chair Andrew Higginson to step down
(Sharecast News) - JD Sports Fashion said on Wednesday that chair Andrew Higginson plans to step down at the conclusion of the annual general meeting on 21 July, sending shares in the sportswear retailer sliding.
TRIG sees no NAV hit from rise in govt electricity windfall tax
(Sharecast News) - Green energy investor TRIG on Wednesday said it did not expect a hit to net asset value or dividend cover from the UK government's decision to increase windfall tax rates on electricity generators that did not sign up to fixed price contracts.
Bunzl holds guidance as Q1 revenue grows despite political uncertainty
(Sharecast News) - Logistics specialist Bunzl reiterated full year guidance despite an uncertain geopolitical and macroeconomic environment after a rise in first quarter revenues.
Fresnillo reports mixed Q1 output, FY26 outlook unchanged
(Sharecast News) - Precious metals miner Fresnillo reported lower silver output in the first quarter, a broadly steady performance in gold, and mixed movements across by‑products, reflecting grade variability and changes in ore throughput across several of its mines.
Thursday preview: Sainsbury's results, flash PMIs due
(Sharecast News) - Thursday sees the release of full-year results from Sainsbury's, half-year results from Asos, trading updates from Hikma, LSEG, Man Group, Relx and Segro, and interim results from WH Smith.
Pinewood Technologies posts strong revenue, earnings growth
(Sharecast News) - Pinewood Technologies reported strong revenue and earnings growth for 2025 on Wednesday, supported by customer expansion, product integration and progress in its North American rollout.
Revolut aiming for up to $200bn valuation in 2028 listing - report
(Sharecast News) - Revolut is reportedly aiming for a valuation of up to $200bn in a stock market listing.
Accsys flags record Accoya sales, strong revenue growth
(Sharecast News) - Accsys Technologies reported record Accoya sales volumes and double-digit revenue growth for 2026 on Tuesday, supported by strong demand across all regions and continued execution of its FOCUS strategy.
Peel Hunt lifts Wetherspoons to 'add' after share price weakness
(Sharecast News) - Peel Hunt upgraded its stance on pub group JD Wetherspoon on Tuesday to 'add' from 'hold' following recent share price weakness.
Boots owners mulling possible London IPO - report
(Sharecast News) - The owners of pharmacy chain Boots are reportedly working with consultants on a possible strategy overhaul to prepare for a potential London stock market listing possibly as soon as 2027.
RBC Capital upgrades Unilever to 'sector perform'
(Sharecast News) - RBC Capital Markets upgraded Unilever on Tuesday to 'sector perform' from 'underperform' as it said its reservations about the disposal of the food business are fairly reflected in the current share price.
THG reports strongest first quarter revenue growth since 2021
(Sharecast News) - THG reported its strongest first-quarter revenue growth since 2021 on Tuesday, driven by momentum across its Beauty and Nutrition divisions, while reiterating full-year guidance.
Royal Mail outlines £500m investment to hit postal delivery targets
(Sharecast News) - Royal Mail is investing £500m as it overhauling its services in an attempt to meet new postal targets for next year, which include plans to reduce the frequency of second class deliveries.
IntegraFin reports strong net inflows, record platform activity
(Sharecast News) - IntegraFin Holdings reported strong net inflows and record platform activity in its second quarter on Tuesday, as the group continued to attract client assets despite heightened market volatility.
Royal Unibrew shares tank as PepsiCo licensing deal to end
(Sharecast News) - Shares in Royal Unibrew tanked by more than a fifth on Tuesday after the Danish brewer said it was ending a regional licensing deal with PepsiCo.
British Land boosts outlook after strong year
(Sharecast News) - British Land boosted annual guidance on Tuesday, after a strong end to the year saw earnings come in ahead of forecasts.
Berenberg lowers target price on S&U, keeps 'top of the range' numbers
(Sharecast News) - Analysts at Berenberg lowered their target price on motor finance and bridging lender S&U from 2,350p to 2,200p on Tuesday following the group's FY26 results.
Jupiter Fund Management posts rise in AUM but warns sentiment has shifted
(Sharecast News) - Jupiter Fund Management reported a rise in assets under management on Tuesday although it cautioned that market sentiment has shifted "materially" in recent weeks due to geopolitical events.
Green shares spark as UK lifts electricity windfall tax to speed up gas price delinking
(Sharecast News) - Renewable sector shares sparked on Tuesday as the UK government said electricity generators will face higher windfall taxes as it pushes them to accept fixed-price contracts in an accelerated effort to protect consumers from gas market shocks such as the Iran war.
Rio Tinto posts Q1 spike in production
(Sharecast News) - Mining giant Rio Tinto posted a spike in copper and iron ore production on Tuesday, but left its full-year guidance unchanged amid increased geopolitical turmoil.
Experian names Adam Crozier as chair designate
(Sharecast News) - Data and technology firm Experian said on Tuesday that Adam Crozier would join the board as non-executive director and chair designate on 12 May.
Crest Nicholson cuts FY outlook, shares tank
(Sharecast News) - Crest Nicholson downgraded its full-year outlook on Tuesday and said it was seeking temporary banking covenant relaxation with its lenders as it cited economic uncertainty and the ongoing conflict in the Middle East.
Ibstock appoints Mpac's Will Wilkins as CFO
(Sharecast News) - Brickmaker Ibstock said it had appointed Will Wilkins as chief financial officer.
Beiersdorf maintains outlook despite 'challenging' Q1
(Sharecast News) - Germany's Beiersdorf reiterated annual guidance on Tuesday despite the year getting off to a "challenging" start, including a sharp slide in sales of its flagship Nivea brand.
Apple names John Ternus as CEO to replace Tim Cook
(Sharecast News) - Apple has appointed insider John Ternus as its new chief executive, replacing Tim Cook who held the role for almost 15 years.
Wednesday preview: UK inflation reading, Tesla and Boeing results due
(Sharecast News) - Wednesday sees the release of the March UK inflation reading, while trading updates from the likes of Aberdeen and Quilter will be in focus, along with quarterly earnings from Tesla and Boeing across the pond.
AstraZeneca receives positive high level results from Phase III I CAN trial
(Sharecast News) - Drugmaker AstraZeneca said on Tuesday that high‑level results from an interim analysis of its Phase III I CAN trial showed Ultomiris had met its primary endpoint, delivering a statistically significant and meaningful reduction in proteinuria in adults with IgA nephropathy at risk of disease progression.
AB Foods to demerge Primark after review, shares fall
(Sharecast News) - Associated British Foods on Tuesday said it planned to demerge its Primark retail clothing business from its food operations and list both entities in London and warned of tougher consumer markets ahead due to the US-Israeli war on Iran.
Eli Lilly to buy Kelonia Therapeutics for up to $7bn
(Sharecast News) - Eli Lilly said on Monday that it has agreed to buy Boston-based Kelonia Therapeutics, a clinical-stage biotechnology company pioneering in vivo gene delivery, for up to $7bn in cash.
Several buyout firms said to be circling Schroders' financial planning unit
(Sharecast News) - A number of private equity firms are reportedly circling Benchmark, the financial planning unit of asset manager Schroders, which recently agreed a £9.9bn takeover by US investment manager Nuveen.
Coral Products shares drop as contract delays hit FY26 results
(Sharecast News) - Shares in Coral Products tanked on Monday after the plastic products manufacturer said "a proportion" of expected sales have been deferred to the next financial year because of customer delays.
Citi reiterates 'buy' on Centrica after Friday's slump
(Sharecast News) - Citi reiterated its buy' rating on British Gas owner Centrica on Monday after the shares fell sharply at the end of last week on news that Chancellor Rachel Reeves was considering cutting the link between electricity and gas prices.
Deutsche Bank downgrades Workspace to 'hold'
(Sharecast News) - Deutsche Bank downgraded Workspace on Monday to 'hold' from 'buy' and cut the price target to 400p from 480p as it said the company's fourth-quarter update painted "another challenging picture" for the business.
Power Metal confirms favourable geological conditions at Badger Lake
(Sharecast News) - Power Metal Resources said on Monday that initial drilling at its Badger Lake uranium joint venture had confirmed favourable geological conditions for mineralisation, although no uranium was intersected in the programme.
Berenberg raises target price on M&C Saatchi following FY25 results
(Sharecast News) - Analysts at Berenberg raised their target price on advertising agency M&C Saatchi from 150p to 170p on Monday, following the group's full-year results and "reassuring outlook".
Kainos lifts full-year revenue outlook
(Sharecast News) - IT provider Kainos said on Monday that full-year revenue was set to be ahead of consensus expectations following a continued strong performance in the second half of the year.
Auction Technology Q2 performance remains 'positive'
(Sharecast News) - Auction and list price marketplaces operator Auction Technology Group said on Monday that second‑quarter trading remained positive, building on momentum seen in the first quarter, with the group now expecting to report first‑half revenues of roughly $125m.
AstraZeneca reports positive top-line data from Phase III MIRANDA trial
(Sharecast News) - Drugmaker AstraZeneca reported positive top-line data from its pivotal Phase III MIRANDA trial on Monday, with first‑in‑class candidate tozorakimab delivering a "statistically significant and clinically meaningful reduction" in the annualised rate of moderate‑to‑severe COPD exacerbations.
Evoke in talks with Bally's Intralot over 50p-a-share takeover proposal
(Sharecast News) - William Hill owner Evoke confirmed on Monday that it is in talks with Greek gambling company Bally's Intralot about a 50p per share takeover proposal.
Plus500 lifts FY profit outlook after 'strong' Q1
(Sharecast News) - Fintech group Plus500 lifted its full-year profit outlook on Monday following a "strong" first-quarter performance.
Ferrexpo in talks to raise $100m through share placing
(Sharecast News) - Ferrexpo confirmed it was exploring a possible $100m fundraising on Monday, as the iron ore producer looks to shore up its finances amid difficult trading conditions.
Tuesday preview: AB Foods, Tesla results in focus
(Sharecast News) - Tuesday sees the release of results from Primark owner Associated British Foods and US electric car maker Tesla, as well as the latest UK jobs data.
Edinburgh Worldwide wins support of proxy advisors ahead of 'critical' AGM vote
(Sharecast News) - Edinburgh Worldwide Investment Trust announced on Monday that it has won the support of proxy advisors ISS, Glass Lewis and PIRC in their ongoing battle with its largest shareholder, activist hedge fund Saba Management.
GSK's Blenrep gets green light from China's NMPA
(Sharecast News) - Drugmaker GSK said on Monday that its relapsed/refractory multiple myeloma treatment Blenrep had received approval from China's National Medical Products Administration, making it the only anti-BCMA cleared for use in the country.
US could release $20bn in frozen funds if Iran gives up uranium stockpile - report
(Sharecast News) - The US is reportedly considering the release of $20bn in frozen Iranian funds in return for Iran giving up its stockpile of enriched uranium as part of negotiations over a three-page plan to end the war.
CAB Payments shares drop as Helios won't support StoneX bid
(Sharecast News) - Shares in CAB Payments dropped on Friday after major shareholder Helios Investment Partners said it would not support a takeover offer from rival bidder StoneX despite the recommendation from the board of British payment processing and foreign exchange business.
FirstRand lining up advisers for sale of Aldermore - report
(Sharecast News) - South Africa's FirstRand is reportedly lining up advisers to oversee a sale of challenger bank Aldermore after expressing outrage at the terms of a compensation scheme for car finance mis-selling.
Renewables Infrastructure Group sees only 'modest' impact from government's carbon tax removal
(Sharecast News) - London-listed renewable energy investment company, The Renewables Infrastructure Group, has estimated that the government's decision to remove the Carbon Price Support (CPS) in two years would only have a "modest" impact on the business.
KLM axes European flights due to rising fuel costs
(Sharecast News) - Dutch airline KLM said it had been forced to cancel more than 150 European flights due to the rising cost of jet fuel amid the Iran war and Hormuz strait blockade.
Intertek strategic review was 'defensive move', says Jefferies
(Sharecast News) - Jefferies said on Friday that Intertek's strategic review was likely a defensive move and it will be interesting to see if any other potential bidders emerge, either strategic or additional private equity, after it rejected a takeover proposal from Sweden's EQT.
Canaccord Genuity lowers target price on Dunelm following Q3 figures
(Sharecast News) - Canaccord Genuity lowered its target price on homewares retailer Dunelm from 1,280p to 1,240p on Friday after the group's recent third quarter numbers highlighted "softer recent trading".
UK energy shares fall as Reeves mulls delinking gas, electricity prices
(Sharecast News) - Shares in UK utilities fell on Friday after the government said it could cut the link between electricity and gas prices.
RBC Capital Markets lowers target price on EasyJet following H1 update
(Sharecast News) - Analysts at RBC Capital Markets lowered their target price on budget carrier EasyJet from 440p to 415p on Friday as a result of lower expected revenues and a further 6% increase in fuel costs.
Workspace warns of 'substantial' profit fall, shares tank
(Sharecast News) - Shares in Workspace Group slumped at the open on Friday as the office provider said it expected a "substantial step down" in annual trading profit due to inflation, falling rents, higher interest costs and more investment in the business.
DiscoverIE Q4 trading accelerates, FY orders and sales both rise
(Sharecast News) - Customised electronics manufacturer DiscoverIE said on Friday that trading had accelerated sharply in the fourth quarter, capping off a solid full‑year performance as all operating units saw a strong sequential pickup in demand across both orders and sales.
Google should share search data with third-party engines, says EU
(Sharecast News) - The European Commission said on Thursday that Google should allow third-party search engines to access its search data in order to comply with the Digital Markets Act.
Citi downgrades Flutter, opens 'negative catalyst watch' on the shares
(Sharecast News) - Citi downgraded Flutter Entertainment on Thursday to 'sell' from 'buy', slashed its price target and opened a 'negative catalyst watch' on the shares, as it removed them from its European Focus List.
Charles Schwab shares drop as record Q1 results underwhelm
(Sharecast News) - Shares in Charles Schwab fell on Thursday despite a record first quarter from the US investment services firm as top-line results came in below market forecasts.
Intertek surges after rejecting 5,150p a share takeover proposal from EQT
(Sharecast News) - Intertek surged on Thursday as it confirmed it had rejected a 5,150p per share takeover proposal from Swedish private equity firm EQT.
Barry Callebaut shares tank on profit warning
(Sharecast News) - Shares in Barry Callebaut slumped on Thursday after the Swiss chocolate maker warned on profits due to Iran-war related supply chain constraints and a volatile cocoa market.
Bumper fourth quarter boosts full-year earnings at Mitie
(Sharecast News) - Facilities management specialist Mitie Group posted a jump in annual revenues on Thursday, following a "record" end to the year.
Cooks Coffee reports solid growth at Esquires chain as expansion continues
(Sharecast News) - Cooks Coffee, the New Zealand-based coffee company, reported on Thursday that its Esquires franchise network in the UK and Ireland saw full-year sales growth of 22.8% after a solid end to the year.
JD Sports sells Applied Nutrition stake for £49m via placing
(Sharecast News) - UK sportswear retailer JD Sports Fashion has sold its entire 9.1% stake in Applied Nutrition for £49m.
Intertek acquires Indian solar lab assets from Mitsui
(Sharecast News) - Intertek announced on Thursday that it has strengthened its position in the solar assurance market with the acquisition of solar photovoltaic laboratory assets from Mitsui Chemicals India, expanding its footprint in the fast-growing Indian renewable energy sector.
LondonMetric reports strong rental, dividend growth
(Sharecast News) - LondonMetric Property reported strong rental and dividend growth in a trading update ahead of its full-year results on Thursday, as the group pointed to continued momentum across its £7.6bn triple net lease portfolio following the integration of Urban Logistics REIT.
Ashmore AuM drop on Middle East disruption
(Sharecast News) - Emerging markets assets manager Ashmore reported a drop in third-quarter assets under management on Thursday, pointing to disruption from the conflict in the Middle East.
Entain reaffirms outlook after robust first quarter
(Sharecast News) - Gambling and gaming group Entain reaffirmed its full-year outlook on Thursday, following robust volume growth through the first quarter.
Informa names David Lynn as CEO of inD venture
(Sharecast News) - Publishing and exhibitions group Informa said on Thursday that it has appointed David Lynn as chief executive of inD, its Dubai-based partnership with Dubai World Trade Centre.
Hays shares rise as underlying fee declines ease
(Sharecast News) - The share price of Hays continued to rebound after sinking to an all-time low at the start of the week, with a trading update from the recruitment firm on Thursday revealing that the decline in like-for-like fees eased slightly in the third quarter.
Rentokil Initial reports 'good start' to FY26, Q1 revenues up 4.3pc
(Sharecast News) - Pest control and business services firm Rentokil Initial reported a solid start to the year on Thursday, with first‑quarter group revenues rising 4.3% to $1.68bn, supported by 3.4% organic growth.
Ninety One reports uptick in year-end assets under management
(Sharecast News) - Ninety One reported a sharp increase in assets under management in its fourth-quarter on Thursday, reflecting both organic growth and the impact of a significant business transfer.
Morgan Sindall lifts full-year profit outlook
(Sharecast News) - Morgan Sindall said on Thursday that full-year group pre-tax profits were set to be "significantly ahead" of its previous expectations, pointing to strong trading activity and increased visibility for the remainder of the year from both its Construction and Fit Out divisions.
Dunelm sees FY profit at lower end of market expectations
(Sharecast News) - Homeware retailer Dunelm reported a rise in third-quarter sales on Thursday but cautioned that full-year profit would be towards the lower end of consensus expectations as events in the Middle East have dented consumer confidence.
UK watchdog calls for views on AkzoNobel-Axalta tie-up
(Sharecast News) - The competition watchdog is to assess the proposed merger between Dulux-owner AkzoNobel and US paint maker Axalta Coating Systems, it was confirmed on Thursday.
Berenberg lowers Antofagasta to 'hold', sees long-term upside
(Sharecast News) - Analysts at Berenberg downgraded copper miner Antofagasta from 'buy' to 'hold' on Thursday, but stated there was "more upside long term".
EasyJet warns of wider losses due to higher fuel costs
(Sharecast News) - Low-cost airline easyJet on Thursday said it expected to post a wider first-half loss as the war on Iran and Lebanon sent fuel prices soaring.
Friday preview: Netflix earnings in the spotlight
(Sharecast News) - Friday looks set to mark a quiet end to the week, with little in the way of macroeconomic or corporate news due.
Schroders hit by £2.2bn outflows in Q1 as equity redemptions weigh on AUM
(Sharecast News) - Asset manager Schroders reported a mixed first quarter on Thursday, with group assets under management ending the period at £814.4bn and net new business slipping to -£2.2bn excluding joint ventures, or -£1.1bn including them.
Tesco widens profit guidance on Iran war uncertainty
(Sharecast News) - UK supermarket giant Tesco on Thursday widened guidance for 2026/27 to reflect increased uncertainty caused by the US-Israel war on Iran.
Wayve secures $60m investment from AMD, Arm and Qualcomm
(Sharecast News) - Autonomous driving firm Wayve said on Wednesday that it has secured a $60m investment from Advanced Micro Devices (AMD), Arm and Qualcomm Ventures.
Trainer maker Allbirds to pivot to AI infrastructure, shares surge
(Sharecast News) - Shares of Allbirds - a US maker of Merino wool trainers - surged on Wednesday as it announced a dramatic shift to AI computer infrastructure.
Peel Hunt upgrades Entain to 'buy' from 'add'
(Sharecast News) - Peel Hunt upgraded Ladbrokes owner Entain on Wednesday to 'buy' from 'add'.
Franco Manca to shut 16 restaurants with 225 jobs at risk
(Sharecast News) - UK pizza chain Franco Manca is closing around 16 of its restaurants, putting 225 jobs at risk, as part of a major restructure.
Production tumbles at Ferrexpo amid Ukraine power attacks
(Sharecast News) - Output at Ferrexpo tumbled in the first quarter, the iron ore specialist confirmed on Wednesday, after Russian attacks on Ukraine's power networks temporarily halted production.
BAT sees no impact yet from Iran war
(Sharecast News) - British American Tobacco said the Iran war was not currently having a significant impact on the group's business as it also forecast annual results to be at the lower end of guidance.
RBC Capital Markets lowers target price on Chesnara
(Sharecast News) - Analysts at RBC Capital Markets slightly lowered their target price on pensions and investment firm Chesnara from 370p to 360p on Wednesday, but raised its operating capital generation forecasts following the firm's FY25 earnings.
Hunting reaffirms outlook despite slide in Q1 earnings
(Sharecast News) - British engineering firm Hunting reiterated its full-year outlook on Wednesday, despite a sharp slide in first-quarter earnings.
UBS downgrades Imperial Brands to 'neutral'
(Sharecast News) - UBS downgraded Imperial Brands on Wednesday to 'neutral' from 'buy' and cut the price target to 3,150p from 3,500p as it pointed to limited near-term catalysts and the fact it has outperformed its tobacco peers over the last four years.
Robert Walters trades as expected in first quarter
(Sharecast News) - Robert Walters reported first-quarter trading in line with expectations on Wednesday, with group net fee income declining modestly but showing signs of sequential improvement as growth returned in several key markets.
Hollywood Bowl confident in outlook, new locations as H1 revenues rise
(Sharecast News) - Bowling alley chain Hollywood Bowl said it remains confident in the outlook for the current financial year and beyond after a strong first half, during which revenues rose by a tenth.
Stellantis shares jump as Q1 shipments rise 12%
(Sharecast News) - Shares in Stellantis jumped on Wednesday after the automaker reported a 12% rise in global shipments, driven by strong growth in North America.
Antofagasta reiterates copper production outlook
(Sharecast News) - Antofagasta reiterated guidance for growth in copper production over the year on Wednesday, despite lower tonnage in the first quarter.
Great Portland Estates reports strong fourth quarter
(Sharecast News) - Great Portland Estates reported a strong fourth quarter on Wednesday, capping a record leasing year in which total deals were signed ahead of estimated rental values (ERV), highlighting continued demand for prime London office space.
Saga swings to full-year profit
(Sharecast News) - Saga said on Wednesday that it swung to a full-year profit, exceeding guidance thanks to strong performances in the travel and insurance segments.
Barratt Redrow confirms guidance, flags rising uncertainty
(Sharecast News) - Barratt Redrow reiterated guidance on Wednesday, but warned that war in the Middle East was making visibility beyond the current year more uncertain.
Standard Life to buy Aegon UK for £2bn
(Sharecast News) - Standard Life said on Wednesday that it has agreed to buy the UK business of Dutch insurer Aegon for £2bn.
ASML lifts sales guidance on surging demand for AI
(Sharecast News) - Chipmaking equipment maker ASML on Wednesday lifted guidance for 2026 sales as it reported stronger-than-expected first quarter earnings on the back of surging demand for artificial intelligence.
Rank sees FY operating profit of at least £68m as Q3 NGR jumps
(Sharecast News) - Gambling operator Rank on Wednesday forecast a higher-than-expected full year operating profit of at least £68m after a 5% jump in third-quarter net gaming revenue.
Thursday preview: UK GDP, Tesco results in focus
(Sharecast News) - The highlights on Thursday's docket will be the latest UK GDP reading and results from UK supermarket chain Tesco and US streaming giant Netflix.
AA fined £4.2m over drip pricing for learner drivers
(Sharecast News) - The AA has been ordered to refund more than 80,000 customers and pay a fine of over £4.2m after learner drivers were given inaccurate pricing information before booking their lessons.
Wednesday preview: Saga results, Barratt Redrow update due
(Sharecast News) - Wednesday sees the release of full-year results from Saga, while Barratt Redrow, Hunting and Rank Group will publish trading updates.
Porvair enters new year trading as expected
(Sharecast News) - Porvair said on Tuesday that trading in the first four months of 2026 was in line with expectations, supported by steady demand across its diversified end markets, while maintaining its full-year outlook.
ACG Metals reports strong year as it progresses copper transition
(Sharecast News) - ACG Metals reported strong operational delivery and cash generation for 2025 on Tuesday, as it advanced its transition to copper production at the Gediktepe mine in Turkey.
Physiomics wins new contract with Numab Therapeutics
(Sharecast News) - AIM-listed biotech Physiomics has announced a new contract with client Numab Therapeutics to help development activities for the latter's oncology pipeline.
Entain's US JV BetMGM cuts full-year guidance
(Sharecast News) - BetMGM, a joint venture between Entain and MGM Resorts, cut its full-year guidance on Tuesday as it pointed to softer growth and player friendly results in its online sports segment.
BMW Q1 sales fall on weak US, China demand
(Sharecast News) - German automaker BMW reported lower first quarter sales as global deliveries fell on the back of weak demand in China and the US.
Morgan Stanley downgrades Berkeley, Barratt Redrow
(Sharecast News) - Morgan Stanley downgraded Berkeley Group and Barratt Redrow on Tuesday and cut price targets across the board, as it took a more cautious stance on housebuilders.
Atalaya Mining reports lower Q1 copper production
(Sharecast News) - Atalaya Mining reported lower first-quarter copper production on Tuesday after heavy rainfall disrupted operations, although the group said it remained well positioned for growth and retained a strong balance sheet.
Wells Fargo Q1 net profit rises 7%
(Sharecast News) - Wells Fargo on Tuesday reported better-than-expected first-quarter earnings despite revenue missing forecasts.
Gulf Marine Services reassessing profit guidance amid Middle East uncertainty
(Sharecast News) - Shares in Gulf Marine Services dropped sharply on Tuesday after the UAE-based offshore services firm said it was reassessing its 2026 guidance as a result of the Middle East conflict.
ProCook lifts full-year profit outlook
(Sharecast News) - ProCook lifted its full-year profit outlook on Tuesday following solid trading in the fourth quarter.
James Cropper shares surge as FY profits smash forecasts
(Sharecast News) - Shares in materials science and packaging group James Cropper surged by a quarter on Tuesday after a trading update from the firm revealed that annual profits would be 10% ahead of current market forecasts due to a strong end to the year.
Intertek launches strategic review, shares soar
(Sharecast News) - Shares in Intertek Group jumped on Tuesday, after the testing and inspection specialist revealed it was mulling splitting into two businesses.
Oxford Instruments sees FY in line with market views after 'resilient' performance
(Sharecast News) - Oxford Instruments said on Tuesday that it expects to deliver a "resilient" full-year performance, in line with market expectations.
Berenberg nudges up target price on ITM Power
(Sharecast News) - Analysts at Berenberg nudged up their target price on ITM Power from 100p to 110p on Tuesday after the hydrogen economy company secured roughly £86.5m of UK government funding, through an equity investment of £40m by Great British Energy and a potential grant from the UK Department for Energy Security and Net Zero of £46.5m.
Qantas, Lufthansa warn of surging fuel costs due to Iran war
(Sharecast News) - Flag carriers Qantas and Lufthansa on Tuesday both warned of a hit to profits from higher fuel costs due to the Iran war.
UK government approves Axel Springer's Telegraph takeover
(Sharecast News) - Bild owner Axel Springer said on Tuesday that its £575m acquisition of Telegraph Media Group has been approved by the UK Department for Culture, Media and Sport (DCMS).
Imperial Brands reiterates FY revenue and operating profit guidance, NGP losses to increase slightly
(Sharecast News) - Tobacco company Imperial Brands reiterated its full‑year guidance on Tuesday, saying it continued to expect low‑single‑digit tobacco and double‑digit next generation product net revenue growth, alongside 3-5% growth in group adjusted operating profits.
PageGroup says Iran war creating more uncertainty as Q1 profits fall
(Sharecast News) - Recruiter PageGroup said first quarter gross profit fell 3.9% as an uncertain economic environment in Europe and the Middle East offset growth in Asia and the Americas.
BP flags 'exceptional' oil trading amid volatility of Iran war
(Sharecast News) - BP confirmed on Tuesday that its first-quarter oil trading result was set to be "exceptional", after the outbreak of war in the Middle East caused energy prices to soar and heightened volatility.
Deutsche downgrades Essentra to 'hold', shares tumble
(Sharecast News) - Essentra tumbled on Monday after Deutsche Bank downgraded the shares to 'hold' from 'buy' and cut the price target to 100p from 150p as it said medium-term targets appear increasingly challenging.
Gulf oil output slumps in March as OPEC cuts Q2 demand forecast
(Sharecast News) - Oil production across OPEC member nations plunged by over a quarter during the month of March, according to the group's latest output figures, with Gulf countries seeing sharp declines in output as a result of direct disruption from the Iran war.
Saba Capital thanks EWIT shareholders after rejection of tender offer
(Sharecast News) - Activist investor Saba Capital thanked shareholders of Edinburgh Worldwide Investment Trust on Monday after they rejected the company's "deeply flawed" proposal for a tender offer.
RBC Capital downgrades AB Foods, cites pressure on Primark
(Sharecast News) - RBC Capital Markets downgraded Associated British Foods on Monday to 'underperform' from 'sector perform' and slashed the price target to 1,850p from 2,050p, sending shares in the Primark owner sharply lower.
Rolls-Royce secures government backing for small nuclear reactors
(Sharecast News) - Rolls-Royce has signed a contract with the UK government and secured nearly £600m of state funding to help develop small modular reactors, it was announced on Monday.
Shore Capital keeps 'hold' on Marks Electrical despite guidance upgrade
(Sharecast News) - Shore Capital has kept a 'hold' rating on Marks Electrical despite the online electrical retailer lifting its full-year profit outlook on Monday
Sirius Real Estate reports jump in annual rents
(Sharecast News) - Real estate group Sirius said it achieved a near-fifth increase in rent roll over the 12 months to 31 March, with a strong leasing performance in Germany offset by slower conditions in the UK as a result of Budget uncertainty towards the end of 2025.
BP to buy 60% interest in three offshore exploration blocks in Namibia
(Sharecast News) - BP said on Monday that it has agreed to buy a 60% interest in three offshore exploration blocks in Namibia from Eco Atlantic Oil & Gas as part of its strategy to grow its upstream portfolio.
MTI Wireless secures $2m military antenna contract
(Sharecast News) - Radio frequency solutions firm MTI Wireless Edge said on Monday that its antenna division has received an order totaling approximately $2m to supply military antennas for a local defence company.
Wise confirms Wall Street debut on track, sees income spike
(Sharecast News) - London-listed fintech Wise Group confirmed on Monday it was on track to debut on Wall Street next month, as it posted a jump in quarterly income.
National Grid flags small hit to EPS
(Sharecast News) - Electricity and gas utility firm National Grid said on Monday that trading remained in line with expectations and consistent with guidance issued at the time of its interim results, though it now expects to see a net impact of roughly 1p per share to underlying earnings.
Berenberg starts Hostelworld at 'buy'
(Sharecast News) - Analysts at Berenberg initiated coverage on Hostelworld Group with a 'buy' rating and a 171p target price on Monday, stating the firm was "attractively valued" ahead of its next growth phase.
Halma buys ophthalmic instruments maker Surgistar for $90m
(Sharecast News) - Halma said on Monday that it has bought Surgistar as a bolt-on for its healthcare sector company, MicroSurgical Technology (MST), for $90m (£67m).
GSK ovarian, womb cancer drug posts positive results in early trial
(Sharecast News) - GSK said its gynaecological cancer drug candidate had revealed positive results from early trials and would swiftly move to late-stage five clinical studies globally in the next few months.
Energean says Karish FPSO fully operational again after shutdown
(Sharecast News) - Energean said its floating platform and storage facility off the coast of Israel was now fully operational after a government-enforced shutdown last month due to the Iran war.
Tuesday preview: JPMorgan in focus as US bank results roll in
(Sharecast News) - US banks will be in focus on Tuesday, with quarterly results due from JPMorgan, Wells Fargo, Citigroup and BlackRock as earnings season swings into gear.
OpenAI to open permanent London office next year
(Sharecast News) - OpenAI is set to open its first permanent London office in 2027, it emerged on Monday, marking a significant expansion of its presence in the UK despite recently pausing a major data centre project in the country.
Vistry names company insider chief executive
(Sharecast News) - Vistry Group has appointed company insider Adam Daniels chief executive, the housebuider confirmed on Monday.
Berenberg 'encouraged' by Convatec's new strategy, shares rise
(Sharecast News) - Shares in Convatec surged on Friday, helped by positive broker commentary following the firm's investor event the previous day, with analysts at Bank of America, Berenberg, Jefferies and Deutsche Bank all reiterating their 'buy' recommendations on the stock.
WPP said to have begun sale process for PR arm
(Sharecast News) - WPP has reportedly begun a potential sale process for its public relations arms, which could pave the way for the advertising group's first major disposal under a dramatic structural overhaul set out by its new boss.
WPP appoints Estee Lauder's Choueiri as chief transformation officer
(Sharecast News) - WPP said on Friday that it has appointed Anne-Isabelle Choueiri to newly-created role of chief transformation officer.
B&M interim CFO Cowing steps down
(Sharecast News) - B&M European Value Retail said on Friday that Helen Cowing has stepped down from her role as interim chief financial officer and as an executive director with immediate effect.
JPMorgan reiterates 'overweight' stance on Trustpilot, shares spark
(Sharecast News) - Trustpilot shot higher on Friday as JPMorgan reiterated its 'overweight' stance on shares of the review platform.
Steppe Cement shares rise after strong Q1 update
(Sharecast News) - Steppe Cement's share price jumped on Friday after the Kazakhstan-based cement manufacturer reported a solid increase in market share and big jump in sales over the first quarter.
SIG finance chief to join TT Electronics
(Sharecast News) - The chief financial officer of SIG is stepping down to join TT Electronics, it was announced on Friday.
Berenberg starts Elixirr International at 'buy'
(Sharecast News) - Analysts at Berenberg initiated coverage on global management consultancy Elixirr International with a 'buy' rating and a 1,060p target price on Friday as it said the company's increased earnings quality post-IPO was not yet reflected in multiples.
Unite holds guidance, looks to quicken asset sales
(Sharecast News) - Student accommodation provider Unite Group held annual guidance and said 74% of beds for the new academic year had been reserved as it also looked to speed up asset sales.
Mercantile Investment Trust FY returns trail benchmark
(Sharecast News) - Mercantile Investment Trust reported a positive set of annual results on Thursday, saying performance remained solid despite lagging its benchmark over the period.
Kwarteng-led, Farage-linked Stack BTC reports 'significant structural progress'
(Sharecast News) - Stack BTC reported "significant structural progress" in the first half of its financial year on Friday, as the company completed a recapitalisation, adopted a new strategy and began building a Bitcoin treasury following post-period fundraisings.
AO reaffirms guidance for annual profits close to £50m
(Sharecast News) - AO World confirmed on Friday it remained on track to meet full-year guidance despite "material" cost headwinds.
Peel Hunt downgrades Ceres Power, shares tumble
(Sharecast News) - Ceres Power tanked on Thursday after Peel Hunt downgraded the shares to 'sell' from 'hold' saying the valuation reflects an overly optimistic growth view.
Citi upgrades Lloyds to 'buy' as it remains 'overweight' European banks
(Sharecast News) - Citi upgraded Lloyds Banking Group on Thursday to 'buy' from 'neutral' as it took a look at European banks, on which it remains 'overweight'.
US GDP growth slows to 0.5pc in Q4
(Sharecast News) - US economic growth slowed sharply at the end of 2025, according to the Bureau of Economic Analysis' third estimate, with real GDP rising at an annualised 0.5% rate in the fourth quarter, compared to a 4.4% expansion in the third quarter.
SDCL Efficiency Income Trust to begin managed wind-down
(Sharecast News) - SDCL Efficiency Income Trust (SEIT) said on Thursday that it would start a managed wind-down of its investment portfolio, having failed to get shareholder support for a proposed strategic plan.
Bill Ackman in talks to launch new fund - report
(Sharecast News) - Bill Ackman's Pershing Square is mulling a new strategy that would take advantage of investor complacency, it was reported on Thursday.
Playtech considers Evolution AB's 'smear campaign' accusations baseless
(Sharecast News) - Gambling software firm Playtech has said it will "vigorously" defend itself in court after Swedish peer Evolution AB accused the UK outfit of a "smear campaign" in the US.
FRC opens probe into PwC's audit of Digital 9 Infrastructure
(Sharecast News) - The Financial Reporting Council said on Thursday that it has opened a probe into PricewaterhouseCoopers' audit of Digital 9 Infrastructure's financial statements for the year to the end of December 2023.
Convatec unveils plans for medium-term profitable growth
(Sharecast News) - Convatec underwhelmed the market with its new 'Accelerate' strategy on Thursday as shares fell after the medical products and technology company unveiled plans on how it expects to deliver 6-8% annual organic revenue growth over the medium term.
Israel approves resumption of Energean FPSO
(Sharecast News) - Energean said the Israeli government had approved a restart of production and operations at its Energean Power floating gas production, storage and offloading facility near the country's coast.
Great Portland Estates secures final lettings at SIX
(Sharecast News) - Property developer Great Portland Estates said on Thursday that it has leased the final remaining office space at SIX St Andrew Street, EC4, completing leasing at the fully managed development.
Foresight AuM grows amid 'resilient' performance
(Sharecast News) - Investment manager Foresight Group said on Thursday that both assets and funds under management had increased in the year ended 31 March amid "another period of profitable and resilient growth".
British America Tobacco appoints Asahi's Dragos Constantinescu as CFO
(Sharecast News) - British American Tobacco said on Thursday that it has appointed Dragos Constantinescu as chief financial officer with effect from 1 September.
Berenberg starts Wickes at 'buy'
(Sharecast News) - Analysts at Berenberg initiated coverage on home improvement retailer Wickes with a 'buy' rating and a 280p target price on Thursday, stating the group was "building for the future".
Me Group strikes new partnership agreement with Asda
(Sharecast News) - Vending machine operator Me Group has struck a new partnership agreement with Asda that will see its Wash.ME laundry machines be located on ASDA sites.
Friday preview: Unite trading update, US inflation print due
(Sharecast News) - On Friday's docket, a trading update from student accommodation provider Unite Group is due, as well as the latest US and Chinese inflation readings.
Metlen FY earnings beat revised forecast despite project overruns
(Sharecast News) - Metlen Energy and Metals on Thursday posted better-than-expected annual earnings despite project cost overruns and delays.
Shore Capital downgrades Close Brothers to 'hold', says it's time to take profits
(Sharecast News) - Shore Capital downgraded Close Brothers on Wednesday to 'hold' from 'buy' as it recommended that investors take profits.
Advent not planning to bid for Senior
(Sharecast News) - Advent said on Wednesday that it does not plan to make a bid for Senior, after the engineer agreed to be bought by Tinicum and Blackstone in a £1.4bn deal a day earlier.
Shell cuts gas production outlook due to Iran war
(Sharecast News) - Energy giant Shell on Wednesday cut its forecast for integrated gas production, reflecting the impact of the Iran war on Qatari volumes.
RBC Capital Markets bumps up target price on M&G
(Sharecast News) - Analysts at RBC Capital Markets nudged up their target price on global investment manager M&G from 260p to 285p on Wednesday following the group's full-year results.
Oil, gas prices plunge as US, Iran agree 2-week truce
(Sharecast News) - Oil prices plunged on Wednesday after the US and Iran agreed a two-week conditional ceasefire that included the re-opening of the vital Strait of Hormuz waterway after a last-minute diplomatic intervention by Pakistan.
Renishaw names new CFO, appoints permanent chair
(Sharecast News) - Renishaw has appointed the former finance lead of Dyson and Smiths Group as its new chief financial officer, ending a search to replace its long-running CFO that began eight months ago.
GSK's Exdensur gets green light from Chinese regulator
(Sharecast News) - Drugmaker GSK said on Wednesday that China's National Medical Products Administration has approved Exdensur as an add‑on therapy with intranasal corticosteroids for adults with chronic rhinosinusitis with nasal polyps who do not achieve adequate control with systemic steroids or surgery.
Thursday preview: US GDP, Metlen Energy results in focus
(Sharecast News) - Thursday will be fairly quiet on the corporate front, with Metlen Energy's full-year results due in the UK.
Gilead Sciences to buy German biotech group Tubulis for up to $5bn
(Sharecast News) - California-based Gilead Sciences said on Tuesday that it has agreed to buy German clinical stage biotechnology group Tubulis for up to $5bn.
Blackstone and Tinicum to buy Senior in £1.4bn deal
(Sharecast News) - Engineer Senior said on Tuesday that it has agreed to be bought by Tinicum and Blackstone in a £1.4bn deal.
Glass Lewis recommends voting against BP chair at upcoming AGM
(Sharecast News) - BP shareholders have been recommended by proxy advisory firm Glass Lewis to vote against the re-election of chair Albert Manifold, amid claims that he was responsible for excluding a climate-related resolution at the company's upcoming annual general meeting.
Int'l Biotechnology Trust bullish on future biotech M&A after Soleno acquisition
(Sharecast News) - Biotech investor International Biotechnology Trust has said that it expects the current wave of "frenetic" biotech M&A activity to continue after it was announced that its flagship portfolio company Soleno was acquired this week for $2.9bn.
Wednesday preview: Delta Air Lines results, RBNZ policy announcement due
(Sharecast News) - On an otherwise quiet day for UK corporate releases, oil giant Shell is due to release a first-quarter update on Wednesday, while the Reserve Bank of New Zealand will make its latest policy announcement overnight.
Universal Music shares surge as Pershing Square tables €55bn bid
(Sharecast News) - US hedge fund Pershing Square has offered to buy Universal Music Group in a cash and stock deal valuing the company at around €55bn and sending its stock soaring on Tuesday.
JTC posts 'good' FY performance, cuts dividend payout
(Sharecast News) - Fund administration services firm JTC posted what it called a "good performance with resilient organic and inorganic growth" on Tuesday, delivering further organic and inorganic growth in FY25 but cutting its shareholder payout sharply as it continued to expand its global footprint.
Lords Group expects 'material' interest cost savings with new bank loan
(Sharecast News) - Building materials distributor Lords Group has completed the refinancing of an existing £75m loan, which it expects to result in "material" cost savings for the company.
Hunting wins $63.5m in orders from Guyana offshore project
(Sharecast News) - Precision engineering group Hunting said it had won $63.5m in orders to deliver its titanium stress joint (TSJ) products for a new offshore oil development in Guyana.
Berenberg upgrades BHP to 'hold'
(Sharecast News) - Analysts at Berenberg upgraded mining giant BHP from 'sell' to 'hold' on Thursday, ahead of its third quarter operational update later in April.
Air France-KLM submits bid for stake in Portugal's TAP
(Sharecast News) - Air France-KLM said it had submitted a non-binding offer to buy a minority stake in TAP Air Portugal as part of the Portuguese government's plan to privatise its national airline.
Sorted Group proposes to dispose of its main trading subsidiary
(Sharecast News) - Sorted Group announced a proposal to dispose of its main trading subsidiary Sorted Group Limited on Thursday, for a nominal £1, in a move that would see the company become an AIM cash shell and pursue a new acquisition-led strategy.
Speedy Hire warns on worsening market conditions despite strategic progress
(Sharecast News) - Tools and equipment hire company Speedy Hire said on Thursday that it had delivered "significant strategic progress" in FY26, highlighted by its "transformational" partnership with Proservice and continued momentum across its core operations, but also cautioned that trading conditions had deteriorated further in the final quarter amid budget uncertainty, geopolitical tensions and customer‑driven delays.
RBC Capital Markets upgrades Berkeley to 'outperform'
(Sharecast News) - Analysts at RBC Capital Markets upgraded housebuilder Berkeley from 'sector perform' to 'outperform' on Thursday, noting the group had "acted decisively" to the challenges it had faced.
Europe open: Shares fall, oil gains as Trump dashes Iran peace hopes
(Sharecast News) - European shares fell sharply and oil rose again on Thursday after US President Donald Trump dashed investor hopes that his war of choice on Iran would end soon, saying Washington would hit the country "extremely hard" over the next two to three weeks.
Atalaya Mining takes stake in Canada's Lara Exploration for CAD $13.5m
(Sharecast News) - Atalaya Mining on Thursday said it had bought a 7.3% stake in Canada's Lara Exploration for CAD $13.5m through a private placing.
Lloyds holds £1.95bn payout provision for motor finance scandal
(Sharecast News) - Lloyds Bank on Thursday said it would stick with its £1.95bn compensation provision to pay customers who were miss-sold motor finance after assessing the regulator's final ruling.
SSE delivers 'strong operational performance' in FY26
(Sharecast News) - Energy firm SSE said on Thursday that it had continued to deliver a "strong operational performance" in the year ended 31 March, supported by progress across its major investment programmes and steady trading in its core businesses.
Merchants Trust posts positive but underperforming year
(Sharecast News) - The Merchants Trust reported an 18.9% net asset value total return for the year ended 31 January on Thursday, as a resurgence in UK equities supported strong absolute performance, although returns lagged the broader market.
Intel buys back Apollo's stake in Ireland factory, shares surge
(Sharecast News) - Intel shares surged on Wednesday after the chip maker agreed to buy back the 49% stake in a joint venture related to its Irish plant, Fab 34, from Apollo Global Management, for $14.2bn.
Rightmove facing £1.5bn legal action, shares tumble
(Sharecast News) - Rightmove shares tumbled on Wednesday as it said it would defend itself "vigorously" following reports that a £1.5bn legal claim has been filed against the company with the Competition Appeal Tribunal.
PE firm Arcline not planning to bid for Senior
(Sharecast News) - Private equity firm Arcline Investment Management said on Wednesday that it does not intend to make an offer for engineer Senior.
JPMorgan American Investment Trust reports positive but lagging performance
(Sharecast News) - JPMorgan American Investment Trust reported a positive but lagging performance in 2025 on Wednesday, as its quality-focused investment approach underperformed a market driven by higher-risk stocks, while the board struck an optimistic tone on the outlook for US equities.
Topps Tiles to shut 23 stores in cost-saving bid
(Sharecast News) - Topps Tiles announced plans to shut 23 underperforming stores on Wednesday as the tile specialist looks to save costs.
Berenberg downgrades Future to 'hold', slashes target price
(Sharecast News) -
Derwent sells Horseferry House in London for £132m
(Sharecast News) - Derwent London has exchanged contracts for the disposal of Horseferry House in London for £131.8m to an unnamed overseas investor, the company said on Wednesday.
Babcock shares surge on UK govt contract, Citi upgrade
(Sharecast News) - Shares in Babcock International surged on Wednesday after the defence company agreed an interim contract with the UK government to maintain naval base and nuclear submarine fleet support services and Citi upgraded the stock to 'buy' from 'neutral'.
Berkeley refreshes strategy, reiterates FY26 PBT guidance
(Sharecast News) - Property developer Berkeley Group laid out a refreshed strategy on Wednesday as it looks to navigate what it called a "prolonged challenging market backdrop" marked by higher costs, tighter regulation and ongoing economic uncertainty.
Eli Lilly to buy Centessa Pharmaceuticals for up to $7.8bn
(Sharecast News) - Eli Lilly said on Tuesday that it has agreed to buy Centessa Pharmaceuticals, a clinical-stage company developing a new class of medicines for the treatment of excessive daytime sleepiness, for up to $7.8bn.
Biogen to buy Apellis Pharmaceuticals in $5.6bn deal
(Sharecast News) - Shares in Apellis Pharmaceuticals rocketed on Tuesday after it agreed to be bought by Biogen in a $5.6bn deal.
Wednesday preview: Topps Tiles update, UK manufacturing PMI due
(Sharecast News) - Things will start to really quieten down on Wednesday as we head towards the long Easter weekend.
Microsoft faces UK probe into business software 'ecosystem'
(Sharecast News) - Microsoft is to be investigated by the UK's competition watchdog over concerns about its position in the business software ecosystem.
EWIT urges shareholders to reject latest Saba tilt
(Sharecast News) - Edinburgh Worldwide Investment Trust has urged shareholders to reject the latest approach from Saba Capital, accusing the US hedge fund of deliberately seeking to "mislead".
Berenberg lowers target price on Segro, still expects 'plenty of growth'
(Sharecast News) - Berenberg lowered its target price on property developer Segro from 1,067p to 915p on Tuesday, but said there was "still plenty of growth to come".
Dominos Pizza Group makes Nicola Frampton its permanent CEO
(Sharecast News) - Domino's Pizza Group announced the appointment of Nicola Frampton as its permanent chief executive officer following a formal search process on Tuesday, confirming her role after serving as interim CEO since November.
Hilton Food Group confident in strategy as profits fall
(Sharecast News) - Hilton Food Group said on Tuesday that its adjusted profit fell in 2025 as inflation and weaker performance in parts of its seafood and alternative protein businesses weighed on earnings, while the group outlined a strategy to refocus on its core meat operations and announced plans to appoint a new non-executive chair.
Pets at Home reaffirms guidance, shares jump
(Sharecast News) - Shares in Pets at Home rallied on Tuesday, after the retail and veterinary group confirmed annual profits would meet guidance.
Unilever nearing deal to merge food business with McCormick
(Sharecast News) - Unilever said on Tuesday that talks to sell most of its food business to US-based McCormick are now advanced and a deal could be announced later in the day.
AG Barr hails 'pleasing' performance from core brands as FY profits rise
(Sharecast News) - Irn-Bru maker maker AG Barr posted a jump in full-year profit on Tuesday as revenue rose thanks to a solid performance from its core brands.
Raspberry Pi shares surge 47% as profit beats expectations
(Sharecast News) - Shares in Raspberry Pi surged 47% on Tuesday as the single board computer maker posted a higher-than-expected jump in annual earnings and sales, boosted by strong demand and favourable unit economics during the second half of the year.
Lloyds still assessing impact of FCA ruling on motor finance scandal
(Sharecast News) - Lloyds Bank said it was still assessing the impact of the final £7.5bn compensation ruling from Britain's financial regulator on the motor financing mis-selling scandal handed down after markets closed on Monday.
Eurozone inflation jumps to 2.5% in March as energy prices surge
(Sharecast News) - Eurozone inflation jumped to 2.5% in March, as rising oil and gas prices pushed it ahead of the European Central Bank's 2% target, according to official flash estimates published on Tuesday.
Tuesday preview: UK GDP in focus; AG Barr, Nike results due
(Sharecast News) - Tuesday will see the release of UK fourth-quarter GDP data, along with full-year results from Irn-Bru maker AG Barr and third-quarter numbers from US sportswear brand Nike.
Goldman upgrades Landsec, downgrades Big Yellow
(Sharecast News) - Goldman Sachs upgraded Landsec to 'buy' from 'neutral' on Monday but downgraded Big Yellow to 'sell' from 'neutral' as it took a look at European real estate stocks.
Canaccord Genuity raises target price on Serica Energy
(Sharecast News) - Canaccord Genuity bumped up its target price on exploration and production company Serica Energy from 230p to 310p on Monday, stating the firm had a "cash harvest year ahead".
Berenberg slashes Burford Capital target price following US court reversal
(Sharecast News) - Analysts at Berenberg slashed their target price on financial services firm Burford Capital from 1,600p to 500p on Monday following the group's announcement that the US Court of Appeals for the Second Circuit had reversed the original judgement in favour of Petersen and Eton Park, the two claims it had financed in relation to Argentina's nationalisation of energy firm YPF in 2012.
PayPoint unveils shake-up, confirms revenues in line with guidance
(Sharecast News) - Payments specialist PayPoint Group unveiled a company-wide overhaul on Monday as it looked to simplify its structure and bolster growth.
Rio Tinto maintains iron ore shipments guidance despite cyclone disruption
(Sharecast News) - Rio Tinto maintained its guidance for 2026 Pilbara iron ore shipments on Monday despite cyclone disruption.
CVS chief stepping down for 'personal reasons'
(Sharecast News) - UK-listed veterinary group CVS said chief executive Richard Fairman was retiring after six years in the post for personal reasons.
GSK asthma drug given green light in China
(Sharecast News) - GSK drug Exdensur has been approved in China for the treatment of asthma, the blue chip announced on Monday.
HICL Infrastructure increases Thameslink rolling‑stock stake with £52m acquisition
(Sharecast News) - Infrastructure investment firm HICL has acquired an additional 6.65% stake in Cross London Trains for roughly £52m, taking its total interest in the rolling‑stock project to 13.13%.
FCA says millions of drivers to get average £830 car finance payout
(Sharecast News) - The Financial Conduct Authority confirmed on Monday that millions of drivers who were mis-sold car finance will be entitled to an average of £830 in compensation.
Bank of America upgrades Berkeley to 'buy' despite mortgage rate worries
(Sharecast News) - Bank of America has slashed its estimates across the UK housebuilding sector as interest-rate cut projections have been pushed back, but raised its recommendation for Berkeley from 'neutral' to 'buy'.
US cybersecurity stocks slide on leaked details of new Anthropic AI model
(Sharecast News) - US cybersecurity stocks tumbled on Friday after a data leak exposed draft documents related to a new AI model being tested by Anthropic.
Prosus reportedly mulling Delivery Hero stake sale to Aspex
(Sharecast News) - Dutch technology investor Prosus is reportedly considering selling around a 10% stake in Germany's Delivery Hero to Hong Kong-based Aspex Management.
Carnival shares drop on $500m hit from higher fuel prices
(Sharecast News) - Shares in cruise operator Carnival dropped sharply on Friday afternoon as record first-quarter results and a new share buyback were overshadowed by a cut to full-year profit guidance owing to higher fuel costs.
EnQuest offers more than just oil price exposure, says Shore Capital
(Sharecast News) - EnQuest's recent rally has a lot further to run, according to Shore Capital, which said it expects the stock to nearly double, saying that the business gives investors more than just exposure to a soaring oil price.
Jefferies upgrades Mony to 'buy', says AI-driven fears are misplaced
(Sharecast News) - Jefferies upgraded Mony Group to 'buy' from 'hold' on Friday and lifted the price target to 230p from 205p, citing an attractive entry point and saying it was best placed to overcome sector-wide headwinds, i.e. AI fears and competition.
Harbour Energy slumps as BASF sells 80m shares in placing
(Sharecast News) - Harbour Energy slumped on Friday after German chemicals firm BASF sold 80m shares in the company in a placing.
Citi raises target price on BT, reiterates 'sell' rating
(Sharecast News) - Analysts at Citi hiked their target price on telecommunications giant BT Group from £1.40 to £1.75 per share on Friday, even as it stated the firm's fourth-quarter was unlikely to resolve key debates.
GSK submits bepirovirsen for EMA review after trials hit primary endpoints
(Sharecast News) - Drugmaker GSK said on Friday that the European Medicines Agency will review its marketing authorisation application for the use of bepirovirsen, an investigational antisense oligonucleotide, in the treatment of adults with chronic hepatitis B.
Metlen Energy shares fall after annual results delayed
(Sharecast News) - Shares in Metlen Energy & Metals' fell sharply on Friday after the company said its auditors asked for the company's 2025 results be delayed.
Seeing Machines reports lower revenue, improved underlying performance
(Sharecast News) - Shares in Seeing Machines were in the red on Friday morning after the group reported a decline in first-half revenue, despite improved underlying performance driven by rising automotive royalties and production volumes.
AstraZeneca's COPD candidate succeeds in twin Phase III studies
(Sharecast News) - Drugmaker AstraZeneca said on Friday that its monoclonal antibody tozorakimab had met the primary endpoint in both of its Phase III OBERON and TITANIA trials in patients with chronic obstructive pulmonary disease.
UBS upgrades Close Brothers to 'buy'
(Sharecast News) - UBS upgraded Close Brothers on Thursday to 'buy' from 'neutral' as it pointed to a favourable risk/reward.
Canaccord Genuity raises target price on Volex
(Sharecast News) - Over at Canaccord Genuity, analysts hiked their target price on power products supplier Volex from 445p to 500p on Thursday, stating the firm's latest update highlighted "a strong step-up" in data centre activity, which it noted continued to be "the main driver" behind another high-single-digit upgrade to forecasts.
Shares jump as Treatt reiterates full-year guidance
(Sharecast News) - Shares in Treatt sparked on Thursday, after the ingredients and extracts specialist reiterated full-year guidance despite ongoing headwinds.
Oxford Biomedica reiterates full-year guidance, flags first-half loss
(Sharecast News) - Oxford Biomedica posted a surge in annual revenues on Thursday, but warned it was on track to swing to an interim loss this year before returning to growth in the second half.
Capita to sell private sector contact centre business to Inspirit Capital, shares surge
(Sharecast News) - Capita surged on Thursday after saying it has agreed to sell its private sector contact centre business to Inspirit Capital, as it continues to streamline its operations.
Mears lifts dividend, grows profits despite flat top line
(Sharecast News) - Housing solutions company Mears Group lifted its dividend after managing to grow its bottom line in 2025 despite a flat revenue performance as strong growth in maintenance activities was completely outweighed by a downturn in the management side of the business.
Edenred shares tank as Italian regulator launches market abuse probe
(Sharecast News) - Shares in Edenred slumped on Thursday after Italy's competition regulator said it had launched an investigation into the meal voucher company and its Italian unit, citing possible abuse of its dominant position.
Ceres Power slides deeper into the red
(Sharecast News) - Ceres Power posted a slide in annual revenues and widened losses on Thursday, amid a slowdown in hydrogen adoption.
Playtech shares slide as FY revenues miss, Evolution uncertainty weighs
(Sharecast News) - Playtech shares tumbled on Thursday as full-year profit met expectations but revenue disappointed and the company failed to provide any updates on its legal case with rival Evolution.
3i reports steady performance at Action, shares fall
(Sharecast News) - 3i Group shares fell in early trading on Thursday after the private equity firm outlined steady but broadly in-line performance at its largest portfolio company, Action, alongside an update on portfolio trading.
Berenberg lowers target price on Everplay following FY results
(Sharecast News) - Analysts at Berenberg lowered their target price on video games developer Everplay from 450p to 370p on Thursday amid investor concerns regarding higher-than-expected capital expenditure in FY26 and the year's "significant H2 weighting".
Annual sales, profits surge at Next
(Sharecast News) - High street stalwart Next posted above-forecast earnings on Thursday and flagged an "encouraging" start to the year, despite heightened geopolitical tensions.
UK's CMA flags concerns on AB Foods/Hovis deal in N Ireland
(Sharecast News) - Britain's competition watchdog on Thursday said Associated British Foods' deal to buy rival bakery Hovis raised competition concerns in Northern Ireland but gave the purchase a provisional green light in Great Britain after finding ABF's Allied Bakeries would close irrespective of any outcome.
THG back in the black following improved H2 performance
(Sharecast News) - Beauty and nutrition retailer THG reported a marked improvement in its preliminary full‑year 2025 performance on Thursday, returning to profitability as disposals and a strong second half helped drive a turnaround across the group.
German consumer sentiment slumps as Iran war sparks inflation fears
(Sharecast News) - German consumer sentiment is set to worsen next month due to the war in Iran, with rising energy prices fuelling inflationary fears among households, according to a survey published on Thursday.
Friday preview: UK retail sales data in the spotlight
(Sharecast News) - The main highlight on Friday will be the release of UK retail sales data for February at 0700 GMT.
Merck to buy Terns Pharmaceuticals for $6.7bn
(Sharecast News) - Merck said on Wednesday that it has agreed to buy Terns Pharmaceuticals, a clinical-stage oncology company, for $6.7bn.
Pinewood Technologies lowers earnings guidance on delay to Marshalls rollout
(Sharecast News) - Pinewood Technologies Group said on Wednesday that the rollout of its Pinewood.AI system with Marshall Motor Group would be delayed until the second half of 2026, pushing back earlier expectations and weighing on near-term earnings guidance, although the company reaffirmed its medium-term targets.
Asos underlying profits surge, FY guidance reiterated
(Sharecast News) - Asos shares shot higher on Wednesday after the online fashion retailer reported a circa 50% jump in first-half underlying profit and backed its guidance for the year.
TT Electronics grows FY adjusted profits, enters 2026 on 'stronger footing'
(Sharecast News) - Shares in TT Electronics gained on Tuesday after full-year results revealed the sensors, power conversion and connectivity solutions firm managed to increase adjusted profits despite a "transitional year" for the company.
EnQuest reports sharp drop in annual profit
(Sharecast News) - EnQuest reported a sharp drop in annual profit on Wednesday, as lower oil prices weighed on earnings, although production exceeded guidance and the group increased its dividend while reiterating its 2026 outlook.
HICL Infra sells stake in French motorway
(Sharecast News) - HICL Infrastructure said it had sold its 24% stake in France's A63 Motorway for gross proceeds of £311m.
Airtel Africa chairman to retire following AGM
(Sharecast News) - Telecommunications firm Airtel Africa said on Wednesday that Sunil Bharti Mittal had informed the board of his intention to retire as chairman following its annual general meeting in July.
Sales rebound at Crest Nicholson after weak end to 2025
(Sharecast News) - Shares in Crest Nicholson soared in morning trading on Wednesday, after the housebuilder reported a spike in sales following a disappointing end to 2025.
United Utilities FY adjusted EPS seen in line with previous guidance
(Sharecast News) - Water supply firm United Utilities said on Wednesday that full-year underlying earnings per share were expected to be in line with previous guidance of roughly 100p.
Rio Tinto secures AUD2bn bailout for Boyne aluminium smelter
(Sharecast News) - Rio Tinto said on Wednesday that it has struck a "landmark partnership" with the Queensland Government and the Commonwealth Government to secure a long-term future for the Boyne aluminium smelter at Gladstone, which will now be kept going until at least 2040.
Berenberg lowers target price on Michelmersh Brick
(Sharecast News) - Analysts at Berenberg lowered their target price on Michelmersh Brick Holdings from 150p to 120p on Wednesday, but noted the firm has been succesful in maintaining market share amid "customer uncertainty".
Diageo sells stake in Indian cricket team RCB for £1.3bn
(Sharecast News) - Drinks group Diageo on Wednesday said it had sold the Royal Challengers Bengaluru cricket team for £1.3bn to a consortium including Blackstone and US sports investor David Blitzer.
Annual revenues, profits jump at Eurowag
(Sharecast News) - Freight and road payments processor WAG Payment Solutions forecast further growth on Wednesday, after annual earnings motored ahead.
Great Portland Estates reaches practical completion at 2 Aldermanbury Square
(Sharecast News) - Property developer Great Portland Estates said on Wednesday that it has reached practical completion at 2 Aldermanbury Square, EC2, delivering 321,650 square feet of "best-in-class HQ office space".
RS Group sees lower revenue on Mexico weakness, shares fall
(Sharecast News) - RS Group shares fell on Wednesday after the company said it expected a 0.6% fall in like-for-like annual revenue due to "difficult markets", mainly in Mexico, although annual adjusted pre-tax profit would come in marginally ahead of expectations of £241m on tight cost controls.
RAC Group said to be sounding out investors for London IPO
(Sharecast News) - RAC Group has reportedly begun sounding out investors for a potential initial public offering in London.
Alternative Income REIT confirms takeover approach from AEW UK REIT
(Sharecast News) - Alternative Income REIT (AIRE) confirmed on Tuesday that it has received an indicative, non-binding proposal from AEW UK REIT about a possible all-share takeover.
Wednesday preview: Eurowag results, UK inflation data in focus
(Sharecast News) - Wednesday sees the release of full-year results from Eurowag, along with UK inflation figures for February.
Bank of London fined £2m for multiple failings
(Sharecast News) - The Bank of London Group has been fined £2m for misleading regulators over its capital positions and failing to act with integrity, it was announced on Tuesday.
Citi reiterates 'buy' on 3i Group, opens 'upside catalyst watch'
(Sharecast News) - Citi reiterated its 'buy' rating on 3i Group on Tuesday and opened an 'upside catalyst watch' on the shares as it noted that slowing like-for-like growth at portfolio holding Action has driven 40% underperformance in the past six months.
YouGov warns on profits, shares slide
(Sharecast News) - Shares in YouGov fell sharply on Tuesday, after the research group warned that increased investment in its Shopper division would weigh on annual profits.
Revolut posts record pre-tax profits ahead of planned US expansion
(Sharecast News) - Challenger bank Revolut reported record pre-tax profits on Tuesday, as it prepares to accelerate its US expansion following the recent award of a full UK banking licence.
Berenberg lowers target price on YouGov following H1 results
(Sharecast News) - Analysts at Berenberg slashed their target price on market research firm YouGov from 600p to 395p on Tuesday following the release of the group's first half earnings.
S4 shares surge on revenue outlook despite Iran war
(Sharecast News) - Shares in S4 Capital surged by a 26% on Tuesday after the advertising group reported better-than-expected earnings and said revenues this year would be in line with forecasts despite a hit from the Iran war in the first quarter.
Xaar reports return to profitability
(Sharecast News) - Xaar reported a return to profitability on an adjusted basis for 2025 on Tuesday, as revenue growth in its core printhead business offset ongoing investment, with the inkjet technology group highlighting progress in new applications and a positive start to 2026.
Trustpilot tanks as Advent Global offloads 21.6m shares in placing
(Sharecast News) - Trustpilot tanked on Tuesday after Advent Global Opportunities sold just over 21.59m shares in the company in a placing, raising about £46m.
Trustpilot appoints The Economist Group's Marcus Roy as CFO
(Sharecast News) - Trustpilot said on Tuesday that Marcus Roy has been appointed chief financial officer following "a thorough and wide-ranging search".
Vet prescription charges to be capped in sector overhaul
(Sharecast News) - Vet practices will be required to cap prescription charges and publish price lists after the Competition and Markets Authority published its wide-ranging shake-up of the sector on Tuesday.
Bytes Technology sees flat operating profit in 2027, shares tank
(Sharecast News) - Shares in Bytes Technology slumped on Tuesday after the IT reseller said operating profit this year would be broadly flat on the back of higher costs.
Bellway hikes interim dividend after robust H1 performance despite uncertain outlook
(Sharecast News) - Housebuilder Bellway posted a "robust first half performance" on Tuesday, with both total housing completions average selling prices increasing, but warned of an uncertain outlook due to the ongoing conflict in the Middle East.
Gamma Communications reports revenue growth, profit decline
(Sharecast News) - Gamma Communications reported double-digit revenue and profit growth for 2025 on Tuesday, driven by strong performance in Germany and continued expansion of its communications platform, although statutory profit declined following acquisition-related activity.
Advent Global Opportunities to sell 21.6m Trustpilot shares in placing
(Sharecast News) - Deutsche Bank said on Monday that Advent Global Opportunities plans to sell up to 21.6m shares in Trustpilot in a placing.
Entain surges as US prediction market faces potential sports ban
(Sharecast News) - Entain shares surged on Monday following a report that a bipartisan pair of US senators is introducing legislation to prohibit entities regulated by the Commodity Futures Trading Commission from listing contracts related to sporting events.
Frasers Group becomes largest shareholder in Asos
(Sharecast News) - Frasers Group has become the largest shareholder in Asos after lifting its stake in the fast fashion retailer.
Goodwin reviewing dividend policy amid tough conditions, shares sink
(Sharecast News) - Shares in Goodwin plummeted 30% on Monday after the mechanical and refractory engineering conglomerate revealed it was reviewing its dividend policy as a result of two key lost tenders, tough trading conditions in the jewellery casting markets and supply chain disruptions arising from the conflict in the Middle East.
GSK treatment wins orphan drug designation in Japan
(Sharecast News) - A GSK treatment for an aggressive form of small-cell lung cancer has been granted orphan drug designation in Japan, the pharma blue chip announced on Monday.
Me Group reports record annual profit, launches share buyback
(Sharecast News) - Me Group International reported record annual profit on Monday, as growth in its laundry division offset weaker photobooth performance, while it also confirmed the launch of an £18m share buyback programme.
Palantir lands trial contract with UK's Financial Conduct Authority
(Sharecast News) - The Financial Conduct Authority has awarded a key contract to US artificial intelligence specialist Palantir Technologies, it emerged on Monday.
Spire still in talks with other parties as Triton, Bridgepoint abandon pursuit
(Sharecast News) - Spire Healthcare said on Monday that talks with others parties about a potential sale are ongoing and that it is also considering other actions after Triton and Bridgepoint abandoned their pursuit of the private hospital operator.
PPHE inks £136m loan deal with Bank Hapoalim on Park Plaza hotel
(Sharecast News) - PPHE Hotel Group said it had reached agreement with Israel's Bank Hapoalim on a £136.45m loan to fund the acquisition of the freehold interest in Park Plaza London Waterloo.
Tuesday preview: Kingfisher, Bellway results in the spotlight
(Sharecast News) - Full-year results are due on Tuesday from B&Q and Castorama owner Kingfisher, while housebuilder Bellway will release interim results.
Triton and Bridgepoint abandon pursuit of Spire Healthcare
(Sharecast News) - Spire Healthcare said on Friday that it remains in talks with other parties about a potential sale, after private equity firms Bridgepoint and Triton said they were not planning to make a takeover offer for the private hospital operator.
Ecolab moves into AI data centre cooling with $4.75bn CoolIT deal
(Sharecast News) - Ecolab on Friday said it was buying CoolIT Systems for $4.75bn as it looks to cash in on the boom in artificial intelligence data centres.
IT failure leaves Hargreaves Lansdown clients locked out of accounts
(Sharecast News) - Hargreaves Lansdown has been hit by an IT failure, leaving clients locked out of their accounts, it was confirmed on Friday.
Smiths posts 'solid' first-half results but outlook disappoints
(Sharecast News) - Shares in Smiths Group fell sharply on Friday despite a "solid" first-half performance, after the outlook underwhelmed.
Shore Capital upgrades Close Brothers to 'buy' after Viceroy-fuelled selloff
(Sharecast News) - Shore Capital upgraded Close Brothers on Friday to 'buy' from 'hold' as it said the selloff on the back of a research note by Viceroy was overdone.
Spire Healthcare surges on report of £1bn Bridgepoint offer
(Sharecast News) - Spire Healthcare shot higher on Friday following a report that private equity firm Bridgepoint is drawing up proposals for a formal offer worth £1bn for the private hospitals operator.
Shares spark as The Works closes online business, lifts 2027 profit outlook
(Sharecast News) - The Works shares surged on Friday after the retailer said it was closing its online business with immediate effect and upgraded its earnings outlook for 2027.
Temple Bar Investment Trust confident after solid year
(Sharecast News) - Temple Bar Investment Trust reported a strong set of annual results for 2025, with both net asset value and share price returns comfortably outperforming the FTSE All-Share Index, as gains were driven primarily by stock selection.
Unilever confirms offer from McCormick for foods business
(Sharecast News) - Unilever on Friday confirmed it had received an offer from US spice maker McCormick for its food business, which owns the Hellmans, Bovril and Marmite brands.
IEA urges working from home, cutting travel to ease strain from energy crisis
(Sharecast News) - The International Energy Agency has laid out 10 "demand-side actions" to governments, businesses and households to curb oil consumption as crude prices trade at their highest levels in four years amid the ongoing conflict in the Middle East.
Gamma Communications names Damian Maltarp as CFO
(Sharecast News) - Business-critical communications technology provider Gamma Communications has tapped Damien Maltarp to take over as chief financial officer following a comprehensive search and selection process.
Fulham Shore exploring possible restructuring of The Real Greek chain
(Sharecast News) - Fulham Shore, the owner of The Real Greek restaurant chain, is considering a formal restructuring of the business, according to reports in Sky News on Thursday.
Premier Foods considering £200m bid for Crosta Mollica - report
(Sharecast News) - Mr Kipling and Bisto owner Premier Foods is reportedly considering a £200m swoop on Crosta Mollica.
Investec flags 'resilient' full-year performance
(Sharecast News) - Investec said in an update on Thursday that it expected to deliver a "resilient" performance for the year to 31 March, supported by diversified revenue streams, higher client activity and continued balance sheet growth, despite the impact of lower interest rates.
Annual profits soar at Lloyd's of London
(Sharecast News) - Annual profits topped £10bn at Lloyd's of London, the centuries-old insurance marketplace confirmed on Thursday, as companies sought out protection from extreme weather and heightened geopolitical tensions.
Canaccord Genuity bumps up target price on Wickes
(Sharecast News) - Canaccord Genuity bumped up its target price on home improvement retailer Wickes from 250p to 265p on Thursday after the firm delivered "a strong FY25" performance.
JPMorgan Global Growth posts positive returns, underperforms benchmark
(Sharecast News) - JPMorgan Global Growth & Income reported positive absolute returns in the first half of its financial year on Thursday, although performance lagged its benchmark amid a momentum-driven equity market environment.
Atalaya Mining shares drop on FY earnings miss, Q1 update
(Sharecast News) - The recent sell-off in Atalaya Mining's stock continued on Thursday, with shares dropping by 14% after full-year results and a first-quarter update from the Spain-focused copper miner disappointed, prompting investors to take profits after a stellar run in the stock over 2025.
Berenberg raises target price on Diploma following unscheduled trading update
(Sharecast News) - Analysts at Berenberg hiked their target price on technical products and services firm Diploma from 6,600p to 7,500p on Thursday following the firm's unscheduled trading update a day earlier.
BP sells Gelsenkirchen refinery, lifts 2027 cost cut target
(Sharecast News) - BP on Thursday said it had sold its Gelsenkirchen refinery and related businesses to independent European refiner Klesch Group for an undisclosed sum and raised its 2027 cost reduction target by around $1bn.
Elementis names Trudy Schoolenberg as chair
(Sharecast News) - Property firm Elementis announced on Thursday that it had tapped Trudy Schoolenberg to take over as non-executive chair, with effect from the end of its annual general meeting on 29 April.
Friday preview: Wetherspoons, Smiths Group results due
(Sharecast News) - Friday will mark a much quieter end to the week after a raft of central bank policy announcements, with interim results due from JD Wetherspoon and diversified engineer Smiths Group.
GSK's cholestatic pruritus treatment Lynavoy gets US FDA approval
(Sharecast News) - GSK said on Thursday that the US Food and Drug Administration has approved its drug 'Lynavoy', or linerixibat, for the treatment of cholestatic pruritus in adults with primary biliary cholangitis, marking the first approved therapy in the US for the condition.
Frasers Group to table bid for kids' cycle maker Frog Bites - report
(Sharecast News) - Mike Ashley's Frasers Group is reportedly preparing to table a bid this week for children's cycle maker Frog Bites, which collapsed into administration earlier this month.
Great Portland Estates extends headlease on key project
(Sharecast News) - Great Portland Estates has secured a new headlease on a major central London project, the FTSE 250 landlord confirmed on Wednesday.
Shepherd Neame reports steady first-half earnings growth
(Sharecast News) - Shepherd Neame reported steady first-half earnings growth on Wednesday as strong pub trading, particularly in London, offset weaker beer volumes and higher logistics costs.
Berenberg hikes target price on James Fisher
(Sharecast News) - Over at Berenberg, analysts hiked their target price on marine engineering services firm James Fisher from 615p to 790p on Wednesday following the group's full-year results a week earlier.
Diploma boosts full-year guidance on bumper trading
(Sharecast News) - Blue chip Diploma hiked its full-year guidance on Wednesday, on the back of robust first-half trading
Thursday preview: BoE, ECB and BoJ policy announcements due
(Sharecast News) - On Thursday, the Bank of England, European Central Bank and the Bank of Japan will make their latest policy announcements.
Impax Environmental Markets launches exit tender after clash with Saba
(Sharecast News) - Impax Environmental Markets launched an exit tender offer on Tuesday, that would allow eligible shareholders to sell up to 100% of their holdings for cash, after a previous continuation tender failed because activist investor Saba Capital declined to participate.
Rasberry Pi surges after Jensen Huang comments, as Hedgeye goes long
(Sharecast News) - Raspberry Pi shot higher on Tuesday after Hedgeye Risk Asset Management recommended buying shares of the maker of high-performance, low-cost single-board computers (SBCs), and boosted by comments from Nvidia boss Jensen Huang.
Berenberg raises target price on Property Franchise Group
(Sharecast News) - Over at Berenberg, analysts hiked their target price on The Property Franchise Group from 645p to 680p on Tuesday, citing "continuing progress from organic initiatives".
Essentra buoyant for coming year, shares spark
(Sharecast News) - Essentra confirmed full-year guidance on Tuesday, despite a slide in annual profits, sending shares in the components manufacturer sharply higher.
Primary Health Properties sees income soar after 'transformational' year
(Sharecast News) - Primary Health Properties posted a surge in annual earnings on Tuesday, on the back of a "transformational" year that saw it snap up rival Assura in a keenly-fought takeover battle.
Australian court rules against Litigation Capital Management client
(Sharecast News) - Litigation Capital Management shares fell on Tuesday after the dispute financing solutions firm said a judge in Australia had ruled against its client in a commercial litigation claim.
Fintel reports double-digit growth, unveils new AI joint venture
(Sharecast News) - Fintech group Fintel hailed 2025 as a "defining year" and said it had made a strong start to 2026, as it outlined plans for a new joint venture to create an AI-led financial advisory platform.
Sthree net fees slip in Q1 as macro pressures weigh on client demand
(Sharecast News) - Recruitment firm Sthree said on Tuesday that group net fees had fallen in the three months ended 28 February, as a "backdrop of ongoing macroeconomic volatility" continued to "influence business priorities and investment decisions".
BlackRock World Mining beats benchmarks as gold, copper plays pay off
(Sharecast News) - BlackRock World Mining Trust smashed its comparative benchmark with returns over 2025 after a "very strong year", and noted a "supportive" backdrop for the mining sector despite current macro uncertainty and geopolitical volatility.
Government delays planning decision on Tritax data centre
(Sharecast News) - Tritax Big Box Reit confirmed a further delay to its proposed data centre development on Tuesday, as it continues to wait for planning approval.
Canaccord Genuity ups target price on Zotefoams following FY25 earnings
(Sharecast News) - Analysts at Canaccord Genuity raised their target price on foams manufacturer Zotefoams from 640p to 675p on Tuesday following the group's in-line 2025 numbers.
Trustpilot rallies as operating profits surge on strong FY25 performance
(Sharecast News) - Customer feedback platform operator Trustpilot said on Tuesday that operating profits had surged in 2025, as both bookings and revenues grew and margins expanded.
Close Brothers to cut around 600 jobs; H1 losses narrow
(Sharecast News) - Close Brothers reported a narrowing of its first-half losses on Tuesday and said it was planning to cut around 600 jobs by the end of financial 2027 as it accelerates its cost-cutting programme.
Wickes sets 300 store target after profits beat estimates, shares spark
(Sharecast News) - Shares in Wickes jumped on Tuesday as the DIY and trade retailer reported better-than-expected annual profits and said it would accelerate its plans to reach 300 stores over the long term from the current 230.
Ofcom to oversee final phase of full-fibre rollout
(Sharecast News) - The telecoms regulator is to extend oversight of BT Group's Openreach broadband network for another five years, it was confirmed on Tuesday, as it continues to back the rollout of full-fibre across the UK.
Trump plans to delay China visit by 'a month'
(Sharecast News) - US President Donald Trump said he planned to delay a key diplomatic visit to China by about a month because of the Iran war, with both Washington and Beijing denying it was due to the US leader's demand for other countries to provide military escorts for Gulf oil shipments.
Oakley Capital Investments indirectly invests £9m in French cloud software group Senef
(Sharecast News) - Investment trust Oakley Capital Investments said on Tuesday that its Origin II fund had agreed to invest roughly £9m in French cloud software solutions firm Groupe Senef.
Wednesday preview: Prudential results, Fed rate announcement due
(Sharecast News) - Wednesday sees the release of full-year results from Prudential, half-year results from Softcat and a trading update from Moonpig, while the Bank of Canada and the US Federal Reserve will make their latest policy announcements.
Weak UK construction market hits sales, earnings at Travis Perkins
(Sharecast News) - https://www.investegate.co.uk/announcement/rns/travis-perkins--tpk/travis-perkins-plc-2025-results-announcement/9476999Travis Perkins warned market conditions remained subdued on Tuesday, as it posted a slide in sales and saw losses balloon.
Close Brothers tumbles as short-seller Viceroy warns of potential 'wipeout'
(Sharecast News) - Close Brothers tumbled on Monday after short-seller Viceroy Research said the company has "systematically misrepresented" its exposure to the car finance scandal.
Kier-led consortium appointed construction partner in STEP fusion energy project
(Sharecast News) - Infrastructure services, construction and property group Kier announced on Monday that it is part of a consortium appointed as the construction partner for the government-backed Spherical Tokamak for Energy Production (STEP) landmark fusion programme.
Thor Energy shares jump after interim report
(Sharecast News) - Shares in Thor Energy spiked higher on Monday after the mining company expressed confidence after the recent restructure of its portfolio, even as interim losses more than doubled.
Iran crisis to weigh on global growth, boost inflation - Goldman Sachs
(Sharecast News) - Goldman Sachs has trimmed its expectations for global economic growth and upped inflation forecasts on the back of the ongoing crisis in the Middle East.
Shares soar as StoneX makes £241m tilt at CAB Payments
(Sharecast News) - Shares in CAB Payments surged on Monday, after it received a rival takeover approach from US financial services firm StoneX Group.
CRH to delist from London Stock Exchange
(Sharecast News) - Building materials group CRH said on Monday that it was planning to delist from the London Stock Exchange.
Berenberg lowers target price on Wheaton Precious Metals, reiterates 'buy' rating
(Sharecast News) - Analysts at Berenberg lowered their target price on precious metals streaming firm Wheaton Precious Metals from 13,300p to 13,000p on Monday, but reiterated its 'buy' rating on the stock as it pointed to its "impossible to ignore" volume growth.
UniCredit launches €35bn offer for Commerzbank
(Sharecast News) - Italian lender UniCredit on Monday launched a €35bn bid to lift its stake in takeover target Commerzbank above 30% as it continued its long-running pursuit of the German bank.
Standard Life full-year profits beat expectations
(Sharecast News) - Standard Life posted a rise in full-year profit on Monday as it pointed to a strong performance from its pensions and savings business.
Thames Water lenders present Ofwat with 'best and final' offer
(Sharecast News) - Lenders ‌to embattled utility firm Thames Water have offered to pour £3.35bn of new ​equity and up to £6.55bn in fresh debt into the firm as part of an effort to lock in a rescue deal ​for the UK's largest water supplier.
Segro strikes deal to build shell data centre
(Sharecast News) - Segro is to develop a UK data centre for an existing client, the real estate investment trust announced on Monday, part of its ongoing push into the booming sector.
GPE sells London's wells&more building for £172m
(Sharecast News) - Great Portland Estates said it had sold the wells&more building in London's Fitzrovia to Feldberg Capital on behalf of Fastighets AB Balder for a headline price of £172m.
Tuesday preview: RBA rate decision due; Close Brothers, Wickes results in focus
(Sharecast News) - Close Brothers, Tarvis Perkins, Trustpilot and Wickes are all slated to report earnings on Tuesday.
F&C Investment Trust reports strong returns, proposes share split
(Sharecast News) - F&C Investment Trust reported a year of strong shareholder returns for 2025 on Monday, with its share price total return slightly outperforming its global benchmark as equity markets rallied despite periods of volatility.
Indian gasoline tanker sails out of Strait of Hormuz
(Sharecast News) - Indian oil products tanker Jag Prakash has reportedly started moving away from the Gulf of Oman in the east of Strait of Hormuz.
Stifel slashes target price for Unite as occupancy concerns persist
(Sharecast News) - Stifel has slashed its target price for student housing group Unite, saying that the macro developments holding back occupancy levels are unlikely to ease anytime soon.
FDA expands approved age indication for GSK RSV vaccine in higher risk adults
(Sharecast News) - The US Food and Drug Administration has expanded the approved age indication of GSK's respiratory syncytial virus vaccine, Arexvy, to adults aged 18 to 49 years at increased risk for lower respiratory tract disease (LRTD) caused by RSV.
Thruvision secures security scanner order with Orlando Airport
(Sharecast News) - Shares in AIM-listed Thruvision gained on Friday after the security scanner company won a £400,000 contract with the Greater Orlando Aviation Authority.
Berenberg raises target price on ICG
(Sharecast News) - Analysts at Berenberg raised their target price on private equity fim ICG from 2,600p to 2,800p on Friday, stating there were "no signs of a bubble here, just opportunity".
Coal rally raises Glencore hopes of reviving Rio Tinto talks - report
(Sharecast News) - Glencore is hopeful that a recent rally in coal prices and a shift in relative share performance could revive discussions with Rio Tinto over a potential mega-merger once regulatory restrictions expire later this year, it emerged on Friday.
Berkeley holds guidance but warns Iran war hitting risk sentiment
(Sharecast News) - UK property developer Berkeley Group reaffirmed annual profit guidance but warned the war on Iran was "weighing heavily" on risk sentiment.
CLS Holdings FY losses narrow
(Sharecast News) - Property investor CLS Holdings said on Friday that full-year losses had significantly narrowed in 2025, but warned that it continued to face pressure from weaker valuations, higher vacancy and recent disposals.
Norway's Blastr in talks over funding for Speciality Steels bid - report
(Sharecast News) - Norwegian green steel group Blastr has reportedly approached investors to help it clinch a takeover of Britain's third-biggest steel producer, Speciality Steels UK (SSUK).
UBS upgrades Rentokil to 'buy', shares spark
(Sharecast News) - UBS upgraded Rentokil Initial on Thursday to 'buy' from 'neutral' and lifted the price target to 540p from 430p.
Lloyds, Bank of Scotland and Halifax customers report app glitches
(Sharecast News) - Customers of Lloyd's, Halifax and Bank of Scotland reported issues using their mobile banking apps on Thursday, including some claiming being able to view details of other customers' accounts.
Iran war will slow German economic recovery slightly, say institutes
(Sharecast News) - The spike in oil prices will hit Germany's economic recovery, but only slightly if the war on Iran is not prolonged, three economic organisations said on Thursday.
Volution Group confident after first half performance
(Sharecast News) - Volution Group reported strong growth in the first half of its financial year on Thursday, driven by organic expansion and contributions from acquisitions, as the ventilation specialist said full-year earnings are now expected to reach the top end of market forecasts.
TP Icap delivers record FY revenue performance
(Sharecast News) - Financial services firm TP Icap said on Thursday that underlying earnings had grown by double digits in 2025, driven by record revenues and tight cost control.
Informa flags further growth after 'outstanding' year
(Sharecast News) - Media blue chip Informa posted a jump in annual revenues and profits on Thursday, fuelled by strong demand for live events.
M&G flows turn positive, FY profits flat
(Sharecast News) - Investment manager M&G reported flat full-year profits on Thursday, ahead of expectations, as its net flows turned positive.
On the Beach shares tank as FY outlook suspended due to Iran war
(Sharecast News) - On the Beach Group shares tanked on Thursday as the UK holiday company temporarily suspended its full-year profit outlook, citing falling demand for Middle East destinations due to the US-Israel war on Iran.
Computacenter hails 'outstanding' year for NA as full-year profits rise
(Sharecast News) - Computacenter reported a jump in full-year profit and revenue on Thursday as it hailed an "outstanding" year for the North American business.
RBC Capital lowers target price on Breedon
(Sharecast News) - Analysts at RBC Capital Markets lowered their target price on construction materials firm Breedon from 525p to 500p on Thursday, but reiterated its 'outperform' rating as it said the stock was "poised for growth".
Energean makes strategic entry into offshore Angola
(Sharecast News) - Exploration and production firm Energean has agreed to acquire Chevron's 31% operated stake in Block 14 and 15.5% non‑operated stake in Block 14K offshore Angola, marking its first move into West Africa and what it described as a platform for long‑term regional growth.
Secure Trust Bank reports broadly stable profits
(Sharecast News) - Secure Trust Bank reported broadly stable profits for 2025 on Thursday, while strengthening its capital position and outlining refreshed strategic plans aimed at accelerating growth and lifting returns above 16% in the medium term.
Friday preview: Berkeley Group update, UK GDP in focus
(Sharecast News) - Friday should mark a quiet end to the week, at least on the corporate front, with housebuilder Berkeley Group due to release a trading update, and CLS Holdings set to publish full-year results.
Halma reaffirms outlook despite uncertain conditions
(Sharecast News) - Safety equipement and life-saving technology specialist Halma reiterated full-year guidance on Thursday, despite uncertain market conditions.
Capricorn Energy confirms takeover approach from Alamadiyaf al-Masiyyah
(Sharecast News) - Shares of Capricorn Energy shot higher on Wednesday after the energy producer confirmed it has received multiple unsolicited all-cash non-binding takeover proposals from Alamadiyaf al-Masiyyah, a member of the Cafani Group.
Irth Capital Management said to have bid for Papa John's, shares surge
(Sharecast News) - Papa John's International shares surged on Wednesday following a report that a Qatari-backed investment fund has submitted a bid for the pizza chain.
Shell declares force majeure to customers who buy Qatari LNG - reports
(Sharecast News) - Shell has reportedly declared force majeure on liquefied natural gas (LNG) cargoes it buys from QatarEnergy and sells to its clients worldwide.
Revolut sets sights on global expansion after full UK banking licence approval
(Sharecast News) - Revolut has been granted a full UK banking licence after receiving regulatory approval from Prudential Regulation Authority to exit the so-called mobilisation phase.
Stifel slashes Hikma target price but stays positive
(Sharecast News) - Stifel has slashed its target price for Hikma Pharmaceuticals by nearly a third but said it still sees significant upside, saying the recent sell-off represents a "good entry point" for new investors.
RBC Capital Markets raises target price on Spirax
(Sharecast News) - RBC Capital Markets hiked its target price on thermal energy and fluid technology manufacturer Spirax from 6,000p to 6,800p on Wednesday following the firm's full-year results.
Pacific Horizon Investment Trust smashes benchmark returns in first half
(Sharecast News) - Pacific Horizon Investment Trust significantly outperformed its benchmark over the six months to 31 January, while the share price's discount to net asset value narrowed further, helped by strong performances in the North Asian semiconductors and mining sectors.
Speedy Hire appoints former Ricardo exec as CFO retires
(Sharecast News) - Shares in Speedy Hire rose on Wednesday after the tool rental firm announced the replacement of its chief financial officer with the finance veteran Judith Cottrell.
Revenues, earnings rise at Breedon despite 'testing' year
(Sharecast News) - Construction materials specialist Breedon Group posted a jump in full-year revenues and earnings on Wednesday, despite subdued conditions in the UK.
Berenberg lowers target price on Nichols
(Sharecast News) - Analysts at Berenberg lowered their target price on fruit flavoured cordial producer Nichols from 1,820p to 1,720p on Wednesday after the group reported full-year results that were in line with consensus estimates.
Supermarket Income REIT posts lower H1 EPS despite rent growth
(Sharecast News) - Grocery real estate business Supermarket Income REIT said on Wednesday that it had delivered "a strong first half for shareholders", even as it reported a 10% drop in earnings per share, with both annualised passing rents and its potfolio valuation rising in the six months ended 31 December.
L&G announces biggest ever share buyback but FY profit falls short
(Sharecast News) - Legal & General announced its biggest ever share buyback on Wednesday and said it was on track to hit its financial targets, but shares slumped as full-year core operating profit came in a touch light.
Bodycote reports lower revenue and profit, announces £80m buyback
(Sharecast News) - Bodycote reported lower revenue and adjusted profit for 2025 on Wednesday amid mixed market conditions, as the heat treatment specialist said it continued to execute its strategic transformation and announced a new £80m share buyback programme.
Profits, revenues spark at Balfour Beatty
(Sharecast News) - Balfour Beatty posted a jump in full-year profits and revenues on Wednesday, driven by strong performances in UK construction and support services.
Hochschild profits jump on higher precious metals prices
(Sharecast News) - South America focused miner Hochschild on Wednesday reported a jump in annual earnings as geopolitical turmoil boosted precious metals prices.
3i Infrastructure to acquire majority stake in Lefdal Mine Datacenter
(Sharecast News) - Investment firm 3i Infrastructure has agreed to invest approximately €300m to acquire a majority stake in Lefdal Mine Datacenter, a Norwegian data‑centre campus on the country's west coast.
Thursday preview: Earnings due from Computacenter, Sunbelt Rentals
(Sharecast News) - On Thursday, Bridgepoint, Computacenter, Helios Towers, Informa, M&G, Oakley Capital Investments, Savills, TP Icap, Vesuvius and Volution will release full-year results, while safety equipment and technology group Halma will update on trading.
Wednesday preview: US inflation print eyed; Balfour Beatty, L&G results due
(Sharecast News) - Full-year results from Balfour Beatty and Legal & General are due on Wednesday, along with the latest US inflation print.
Clarksons FY profits drop but dividend lifted, outlook upbeat
(Sharecast News) - Shipping services firm Clarksons posted a drop in full-year profit on Monday amid "extraordinary geopolitical and economic complexity", but lifted its dividend and struck an upbeat note on the outlook.
Pan African to buy Australia's Emmerson Resources for £163m
(Sharecast News) - Pan African Resources on Monday said it was buying Australia's Emmerson Resources in a deal worth AUD $311m (£163m).
Hunting reports higher margins, full-year earnings
(Sharecast News) - Hunting reported higher earnings and margins for 2025 on Thursday despite a modest decline in revenue, as the precision engineering group benefited from improved operational performance and continued to expand shareholder returns under its long-term growth strategy.
Ibstock earnings dip as expected in 'progressively tougher market'
(Sharecast News) - Building products manufacturer Ibstock reported a drop in full-year earnings on Thursday, in line with revised guidance, in a "progressively tougher market".
OSB hikes dividend, launches buyback after fall in profit
(Sharecast News) - OSB Group reported a decline in annual profit for 2025 on Thursday as higher administrative costs and an impairment charge weighed on earnings, though the specialist lender said loan growth and originations increased and it announced a £100m share buyback alongside a higher dividend.
Spire Healthcare grows annual profits, but NHS outlook uncertain in 2026
(Sharecast News) - Takeover target and Spire Healthcare reported a small rise in adjusted profits over 2025 which it hailed as a "resilient performance" against a backdrop of significant cost headwinds, though the outlook for 2026 was proving more uncertain due to a drop in NHS commissioning activity.
Bloomsbury shares spark on 2027 profit outlook
(Sharecast News) - Shares in Bloomsbury Publishing shot higher on Thursday after it said profit for the year ending 28 February 2027 was set to be "materially ahead" of market expectations as Sarah J. Maas will publish her next two novels within the next year.
Production soars at Harbour Energy as new assets come online
(Sharecast News) - Harbour Energy posted a jump in annual earnings on Thursday, despite a weaker oil price, following a sharp rise in production.
Sth East Water faces £22m fine over supply failings
(Sharecast News) - South East Water faces a fine of £22.5m from the UK's industry regulator for repeated supply failures in Kent and Sussex between 2020 and 2023.
Elementis posts statutory loss after disposal of talc business
(Sharecast News) - Elementis reported a statutory loss for 2025 on Thursday after the disposal of its talc business weighed on earnings, though the specialty chemicals group said profitability and margins improved as it advanced its new growth strategy.
Grafton FY profit beats expectations despite tough markets, shares jump
(Sharecast News) - Building supplies group Grafton reported better-than-expected annual earnings despite a challenging UK market, sending shares in the company higher on Thursday.
Drax CFO to take medical leave of absence
(Sharecast News) - Renewable energy firm Drax said on Thursday that chief financial officer Frank Lemmink was taking a six-month leave of absence in order to support his recovery from recent health issues, effective immediately.
Soaring gold prices boost earnings at Endeavour Mining
(Sharecast News) - Endeavour Mining posted a surge in annual earnings on Thursday, as bumper gold prices helped offset higher costs.
Foxtons says lettings resilient, but sales activity to weaken in 2026
(Sharecast News) - High street estate agency chain Foxtons said it is "repositioning" its sales business for lower expected buyer activity in 2026, but still expects both revenue and profit growth this year, bolstered by a resilient lettings market.
SSP Group taps Andrew Martin for chairman
(Sharecast News) - Food and beverage outlets operator SSP has tapped Andrew Martin to take over as chairman, with effect from 1 June.
3i Infrastructure to sell stake in TCR
(Sharecast News) - Investment firm 3i Infrastructure has agreed to sell its 71% stake in airport ground support equipment lessor TCR.
Rentokil Initial sees sales and profits jump, shares rally
(Sharecast News) - Rentokil Initial reaffirmed guidance on Thursday, sending shares sharply higher, following a strong finish to the year.
ITV earnings dip, still in talks with Sky over potential sale of M&E business
(Sharecast News) - ITV posted a dip in full-year earnings on Thursday, with revenues broadly flat, as the broadcaster said it was still in talks with Sky about a possible sale of its media and entertainment business.
Serco delivers steady performance in FY25
(Sharecast News) - Public services manager Serco said on Thursday that it had delivered a steady performance in 2025, with both revenues and operating profits improving.
Arcline joints Advent, Blackstone consortium in pursuit of Senior
(Sharecast News) - Aero parts supplier Senior said on Thursday that Arcline Investment Management has made a preliminary, non-binding all-cash offer for the company.
Admiral FY profit rises 16%, hails 'exceptional' performance in UK Motor
(Sharecast News) - Insurer Admiral posted a rise in full-year profit on Thursday as it hailed a growing customer base and an "exceptional" performance from the UK motor division.
Reckitt hikes dividend as emerging‑market strength drives solid Q4 growth
(Sharecast News) - Consumer goods giant Reckitt posted solid fourth‑quarter momentum on Thursday, with core like‑for‑like net revenue up 5.9% and the wider group advancing 5.4%, underpinned by strong gains in emerging markets, leading the firm to up its full-year dividend payout.
PageGroup shares slump as profits plunge 67%, divi slashed
(Sharecast News) - Annual profits at global recruiter PageGroup plunged 67% and the dividend slashed as persistent economic uncertainty hit hiring across Europe, sending shares in the company almost 10% lower.
Taylor Wimpey cites 'uncertainty' ahead of Budget as profits fall
(Sharecast News) - Housebuilder Taylor Wimpey reported a slide in full-year profit on Thursday as it pointed to "uncertainty" ahead of the Budget last year, and said operating profits were set to fall in 2026.
Aviva FY operating profits surge 25%, unveils £350m buyback
(Sharecast News) - Insurer Aviva on Thursday reported a 25% jump in operating profit supported by a strong general premiums performance in its UK & Ireland and Canadian operations.
WH Smith delivers 'solid' H1 performance
(Sharecast News) - Travel retailer WH Smith said on Thursday that it had delivered a "solid performance" over the 26 weeks ended 28 February, with total revenue up 5% year-on-year at constant currency rates.
Entain FY underlying EBITDA ahead of expectations as net gaming revenues increase
(Sharecast News) - Bookmaker Entain said on Thursday that it had delivered a "strong" full-year performance in 2025, with underlying earnings coming in ahead of expectations.
AB Foods appoints Eoin Tonge as permanent Primark CEO
(Sharecast News) - Primark has appointed Eoin Tonge as its CEO on permanent boss with immediate effect and created a chief commercial officer role for the clothing chain as it mulls a possible spinoff.
Coats shares surge as margin, cash flow targets lifted
(Sharecast News) - Shares in Coats surged on Thursday as the industrial threads and footwear components maker lifted margin and free cash flow targets after a jump in earnings amid a tough market.
CAB Payments returns to revenue, earnings growth as it resists takeover bid
(Sharecast News) - CAB Payments reported a return to revenue and earnings growth in 2025 on Thursday, as the specialist emerging markets payments bank expanded its client base, increased transaction volumes and strengthened its global network, while the board reiterated its opposition to a takeover approach from a consortium led by Helios.
Wizz Air cites Middle East conflict as it warns on profits, shares tank
(Sharecast News) - Shares in Wizz Air tumbled on Thursday after the airline downgraded its full-year profit expectations, pointing to the current crisis in the Middle East.
BlackRock to take stake in Vinted - report
(Sharecast News) - Asset manager BlackRock is reportedly planning to take a stake in second-hand fashion marketplace Vinted in a deal valuing the group at about €8bn (£7bn).
QatarEnergy declares force majeure after Iran attacks shut facility
(Sharecast News) - QatarEnergy has declared force majeure on shipments of liquefied natural gas after attacks on its facilities due to the US-Israel war on Iran.
JPMorgan lifts Segro price target after 'constructive' FY results
(Sharecast News) - JPMorgan lifted its price target on Segro on Wednesday to 915p from 885p as it took stock following "constructive" full-year results.
Cairn Homes reports solid year, upgrades 2026 guidance
(Sharecast News) - Cairn Homes reported higher revenue and profit for 2025 on Wednesday, as strong demand for new homes and increased construction activity supported growth, while the Irish housebuilder said it planned to increase output by 35% over the next two years.
FCA fines Wood Group £13m for misleading financial reports
(Sharecast News) - The UK financial regulator has fined Wood Group £13m for publishing misleading statements in its financial results, claiming the energy and industrial engineering firm overstated three years of profits.
HICL Infrastructure portfolio performing in line with expectations
(Sharecast News) - HICL Infrastructure said on Wednesday that its portfolio performance remained in line with expectations during the period from 1 October to 28 February, as capital expenditure programmes across its growth assets continued to support EBITDA expansion and resilient cash generation across the portfolio.
Thursday preview: Admiral, Taylor Wimpey results due
(Sharecast News) - Insurer Admiral and housebuilder Taylor Wimpey are among the companies slated to report in the UK on Thursday.
Capita secures UK government contract worth £370m
(Sharecast News) - Capita said on Wednesday that it has been selected to deliver the Synergy Business Process Services contract, which is worth £370m over a 10-year period.
Canaccord Genuity hikes target price on Tullow Oil
(Sharecast News) - Analysts at Canaccord Genuity hiked their target price on exploration and production firm Tullow Oil from 7p to 13p on Wednesday, stating the group's equity value was "the most highly geared to oil prices" in its E&P coverage list.
Galliford Try boosts guidance on robust first half
(Sharecast News) - Galliford Try boosted its full-year outlook on Wednesday, underpinned by key project wins and ongoing investment in the wider infrastructure sector.
Europe open: Shares up despite doubts over Trump plan for Gulf oil shipments
(Sharecast News) - European shares gained at the open on Wednesday despite uncertainty over the reasons and objectives for the US-Israeli war on Iran and American assurances on safeguarding oil shipments through the key Strait of Hormuz.
Quilter announces £100m share buyback as FY profits beat expectations
(Sharecast News) - Quilter reported record net inflows on Wednesday and better-than-expected full-year profits, as the wealth manager announced a £100m share buyback.
Metro Bank shares jump on RoTE targets, record profit
(Sharecast News) - Shares in Metro Bank surged on Wednesday as the UK lender said its return on tangible equity would more than double to 13% in the next six months as it swung to a record profit in 2025.
Beazley full-year profit falls amid 'softening' insurance market
(Sharecast News) - Beazley posted a fall in full-year profit on Wednesday amid a "softening" insurance market, ahead of its agreed takeover by Zurich Insurance.
Vistry shares tank on margin outlook, CEO retirement
(Sharecast News) - Vistry shares tanked on Wednesday as the UK housebuilder said 2026 profit margins would be lower and chief executive and chair Greg Fitzgerald announced his retirement.
Oxa secures $103m in Series D funding
(Sharecast News) - Intellectual property investor IP Group revealed on Wednesday that portfolio company Oxa Autonomy has completed its Series D funding round, raising $103m to accelerate the commercial rollout of its industrial automation technology.
Barratt Redrow chief executive to step down after 11 years
(Sharecast News) - Barratt Redrow's long-standing chief executive is to step down after more than a decade, the housebuilder announced on Wednesday.
Weir FY profits grow amid strong mining demand, shares slump on increased IT spend
(Sharecast News) - Engineering firm Weir Group said both profits and margins had expanded in the 12 months ended 31 December as rising mining activity drove growth across the business, but traded lower early on Wednesday as higher IT-related spending saw the company downgrade its 2026 guidance.
Murray International Trust reports strong full-year gains
(Sharecast News) - Murray International Trust reported strong gains in 2025, with both net asset value and share price returns outperforming its benchmark as global equities rallied despite a volatile geopolitical and macroeconomic backdrop.
Reach reports higher adjusted operating profit, lower revenue
(Sharecast News) - Reach reported higher adjusted operating profit for the year ended 31 December on Tuesday, while lower revenues and digital headwinds saw the share price slide, although cost reductions and resilient print performance supported earnings ahead of market expectations.
RIT Capital Partners reports full-year growth
(Sharecast News) - RIT Capital Partners reported a 13.5% net asset value per share total return for the year ended 31 December on Tuesday, alongside a 16.9% share price total return, as double-digit gains across all three of its investment pillars drove performance.
IWG 'cautiously' optimistic after annual earnings jump
(Sharecast News) - International Workspace Group said it was "cautiously optimistic" on Tuesday, after it posted an uplift in annual sales and earnings.
Senior confirms takeover approach from Blackstone consortium
(Sharecast News) - Senior confirmed on Tuesday that it has received a preliminary, non-binding all-cash offer from a consortium comprising of Tinicum Incorporated and Blackstone.
Berenberg lowers Beazley to 'hold' following Zurich offer
(Sharecast News) - Analysts at Berenberg downgraded insurance giant Beazley from 'buy' to 'hold' on Tuesday after the company announced it had received a firm buyout offer from Zurich Insurance.
Wednesday preview: Beazley and Weir Group among those reporting
(Sharecast News) - Results are due on Wednesday from Beazley, Metro Bank, Quilter, Vistry, Weir Group and Galliford Try.
Wizz Air passenger numbers increase in February, load factor slips
(Sharecast News) - Budget airline Wizz Air said on tuesday that passenger numbers had increased in February, though load factors slipped as capacity continued to expand.
Keller shares spark as it hails record FY results, hikes dividend
(Sharecast News) - Geotechnical specialist contractor Keller Group shot higher on Tuesday as it hailed a record full-year performance, ahead of expectations, hiked its dividend and announced a further £100m share buyback.
XP Power reports full-year results in line with expectations
(Sharecast News) - XP Power reported full-year results in line with expectations for 2025 on Tuesday, with lower revenues and profits reflecting peak customer destocking, but said structural improvements and signs of a market recovery left it well positioned for 2026.
Johnson Service shares plunge despite in-line results
(Sharecast News) - Johnson Service Group's share price dropped sharply on Tuesday despite the workwear, hospitality linen and laundry company meeting expectations with its full-year results, with profits rising at a double-digit rate.
RS Group expands automation and control offering with acquisition of BPX Group
(Sharecast News) - Industrial and electrical products distributor RS Group said on Tuesday that it has expanded its automation and control offering with the acquisition of BPX Group, a UK and Ireland‑based specialist distributor.
Morgan Advanced Materials FY profits sink as margins contract
(Sharecast News) - Specialist manufacturer Morgan Advanced Materials posted lower full‑year profits and margins on Tuesday as weaker demand weighed on revenue.
Aberdeen hails 'very strong' ii performance as FY profits rise
(Sharecast News) - Aberdeen reported a jump in full-year profit on Tuesday as it hailed a "very strong" performance from Interactive Investor and a continued focus on efficiency.
Kier Group upbeat after robust first half
(Sharecast News) - Construction group Kier Group reiterated annual guidance on Tuesday, on the back of a record order book and a jump in half-year earnings.
Greggs cautious on outlook as FY profits drop
(Sharecast News) - Greggs reported a drop in full-year profit on Tuesday as it struck a cautious note on the outlook.
NCC reiterates FY guidance, disposes of Escode division
(Sharecast News) - Cyber security firm NCC Group said on Tuesday that it had made steady early‑year progress as it continued to reshape the business, with full-year revenue and earnings guidance unchanged.
Inchcape shares slump on lower volume forecast
(Sharecast News) - Shares in Inchcape fell on Tuesday after the UK car dealer expected 2026 organic volume growth to be at the lower end of forecasts due to ongoing challenges in the Asia-Pacific market, especially in the premium segment.
UBS upgrades IG Group to 'buy', hikes price target
(Sharecast News) - UBS upgraded IG Group on Tuesday to 'buy' from 'neutral' and hiked the price target to 1,600p from 1,250p.
Comcast spin-off Versant launches $1bn buyback despite weaker annual results
(Sharecast News) - Cable TV group Versant Media posted its debut earnings report on Tuesday following its spin-off from Comcast in January, which showed a slight fall in annual revenues, as the company expressed ambitions to shift its ramp up its growing non-pay TV arm.
Fresnillo profits surge on higher gold, silver prices
(Sharecast News) - Fresnillo on Monday reported record full-year profits on the back of higher gold and silver prices but said production would be lower in 2026.
Intertek forecasts further growth after 'record' results
(Sharecast News) - Testing and inspection specialist Intertek Group forecast further earnings growth on Tuesday, following a jump in annual sales and profits.
Smiths Group to acquire DRC Heat Transfer for £164m
(Sharecast News) - Engineering firm Smiths Group has agreed to acquire US-based custom heat transfer and cooling solutions designer DRC Heat Transfer for £164m.
Zurich to buy Beazley in £8.1bn deal
(Sharecast News) - London-listed insurer Beazley said on Monday that it has agreed to be taken over by Zurich Insurance in an £8.1bn deal.
Nvidia to invest $4bn in Lumentum, Coherent
(Sharecast News) - US tech giant Nvidia said on Monday that it will invest $4bn in Lumentum and Coherent, split equally between the two companies, which develop photonics technologies.
BAE Systems well-placed as tensions flare in Middle East - Morgan Stanley
(Sharecast News) - BAE Systems is well-positioned to benefit from higher US spending, according to Morgan Stanley in a note on Europe's aerospace and defence sector.
US cannabis giant Tilray strikes £40m deal for BrewDog - reports
(Sharecast News) - Tilray Brands is close to agreeing a £40m deal to acquire most of BrewDog in a cut-price takeover that will be executed through a pre-pack administration, according to a report from Sky News on Monday.
WH Smith owner Modella eyes store closures as restructuring talks continue - report
(Sharecast News) - Modella Capital, the British private equity firm that snapped up the high street business of WH Smith last June, is working on plans to shutter "scores" of shops, according to media reports on Monday.
Shore Capital sees re-rating at Vanquis Banking if targets are met
(Sharecast News) - Shore Capital has placed a 'buy' rating on Vanquis Banking Group, saying it now sees 25% upside to its 150p target price after a period with the stock under review.
HSBC appoints Carolyn Fairbairn as new chair of UK bank
(Sharecast News) - HSBC Holdings announced a planned change in the chair of its ring-fenced UK bank on Monday, with Dame Carolyn Fairbairn set to succeed Dame Clara Furse as non-executive chair of HSBC UK Bank in the first half of 2026.
Jefferies downgrades Centrica to 'hold'
(Sharecast News) - Jefferies downgraded British Gas owner Centrica on Monday to 'hold' from 'buy' as it pointed to a more balanced risk-reward on the stock at current trading.
Tuesday preview: Spring Statement eyed; Greggs, Inchcape among those reporting
(Sharecast News) - Chancellor Rachel Reeves will deliver her Spring Statement on Tuesday, while the Office for Budget Responsibility will publish new forecasts for the economy and public finances.
Oxford Nanopore trims medium-term guidance, shares slide
(Sharecast News) - Shares in Oxford Nanopore Technologies fell sharply in morning trading on Monday, after the FTSE 250 firm lowered its medium-term guidance.
Berenberg lowers target price on Oxford Nanopore
(Sharecast News) - Analysts at Berenberg lowered their target price on Oxford Nanopore Technologies from 250p to 230p on Monday after the nanopore sequencing products developer released its full-year 2025 results.
Kosmos Energy reports wider fourth-quarter loss
(Sharecast News) - Kosmos Energy reported a wider fourth-quarter net loss on Monday as it booked impairments and write-offs, while outlining plans to lift production, cut costs and reduce debt in 2026.
Citi upgrades UK equities as it cites heavy tilt towards commodities, defence
(Sharecast News) - Citi upgraded its stance on UK equities on Monday as it rejigged its ratings following the US and Israel's strikes on Iran over the weekend.
RHI Magnesita earnings weaker despite second-half recovery
(Sharecast News) - RHI Magnesita shares tumbled after the release of its full-year results on Monday, as investors appeared to focus on weaker reported earnings and a subdued market outlook despite a second-half recovery driven by cost measures.
National Grid boosts outlook after agreeing new pricing framework
(Sharecast News) - National Grid bolstered its outlook on Monday, after it struck a new pricing agreement with the regulator.
Gulf Keystone ordered to temporarily shut-in production operations
(Sharecast News) - Exploration and production firm Gulf Keystone said on Monday that it has temporarily shut-in production operations and taken measures to protect staff in light of the "developing regional security environment".
Helios consortium formally announces CAB Payments bid
(Sharecast News) - A consortium led by Helios Investment Partners formally announced its offer for CAB Payments on Monday, valuing the company at $297m on a fully-diluted basis, despite the company pushing back on approaches at the same price in February.
Big Yellow CEO to retire after 23 years
(Sharecast News) - Self-storage giant Big Yellow Group announced on Monday that chief executive Jim Gibson had informed the board of his intention to retire after 23 years in the role.
Senior on track to meet medium-term targets as FY profits rise
(Sharecast News) - Senior said on Monday that it was on track to meet medium-term financial targets as it posted a rise in full-year profit and revenue, as the performance of its aerospace division improved.
PPHE Hotel Group to repurchase Park Plaza London Waterloo freehold interest
(Sharecast News) - Hospitality real estate firm PPHE Hotel Group said on Monday that it has entered into an agreement to repurchase its freehold interest in Park Plaza London Waterloo.
Bunzl FY profits drop as margin contraction offsets revenue growth
(Sharecast News) - Distribution firm Bunzl reported a drop in full-year adjusted operating profits on Monday despite posting higher revenues, as margins came under pressure over the year.
Sales, profits jump at Smith & Nephew
(Sharecast News) - Smith & Nephew posted a jump in annual revenues and profits on Monday, as new products helped bolster demand at the medical devices specialist.
Israel orders Energean to stop production at Karish FPSO
(Sharecast News) - Energean said the Israeli government had ordered it to suspend production at its floating gas production, storage and offloading facility near the country's coast in response to the war with Iran which began on Saturday.
Elliott says there's 'still an opportunity for further value-enhancing actions' by LSEG
(Sharecast News) - Elliott Investment Management said on Friday that The London Stock Exchange Group can still do more after the company announced a £3bn share buyback with its results a day earlier.
Jefferies downgrades Derwent London, slashes price target
(Sharecast News) - Jefferies downgraded Derwent London to 'underperform' from 'hold' on Friday as it slashed the price target to 1,550p from 1,820p, with the shares at a 44% discount to FY26 net asset value of 3,282p and with a forward dividend yield of 4.5%.
Murray Income Trust trails benchmark, appoints new manager
(Sharecast News) - Murray Income Trust reported an 8.1% net asset value total return for the six months ended 31 December on Friday, trailing its benchmark, the FTSE All-Share Index, which delivered a 13.7% return over the same period.
Diversified Energy posts record year, announces east Texas acquisition
(Sharecast News) - Diversified Energy reported record annual results for 2025 overnight on Friday, with more than doubling of adjusted EBITDA and free cash flow following around $2bn of acquisitions, while announcing a further $245m bolt-on deal in east Texas and maintaining its quarterly dividend at 29 cents per share.
Just Group profits fall as it prepares for combination with BWS
(Sharecast News) - Just Group reported a sharp fall in underlying profit for 2025 on Friday, as it deliberately reduced volumes in an increasingly competitive defined benefit de-risking market, while progressing its proposed acquisition by Brookfield Wealth Solutions.
Fees and profits fall at Hays, CEO steps down
(Sharecast News) - Shares in Hays fell sharply in morning trading on Friday, as the recruiter flagged a weaker jobs market, slashed the dividend and announced a change in leadership.
Hornby Hobbies to sell Scalextric business for £20m
(Sharecast News) - Hornby Hobbies said on Friday that it has agreed to sell its Scalextric business for £20m.
City of London Inv't Trust underperforms market, outperforms peers in H1
(Sharecast News) - City of London Investment Trust's first-half results showed that the fund underperformed the wider market over the six months to 31 December but outperformed peers, as the company lifted its dividend.
Tritax upbeat after rents, earnings jump
(Sharecast News) - Tritax Big Box said on Friday it was well-positioned for further growth during 2026, as it continued to push into the booming data centre market.
Impax Environmental Markets continuation tender collapses on Saba refusal
(Sharecast News) - Impax Environmental Markets said on Friday that its proposed continuation tender offer had lapsed after Saba Capital Management declined to participate, prompting the board to move ahead with an exit tender offer.
Flutter slumps as Q4 earnings miss, FY26 guidance disappoints
(Sharecast News) - Bookmaker Flutter reported a clean miss across key fourth‑quarter metrics and issued some softer‑than‑expected 2026 guidance on Friday, driven by weaker betting behaviour during the period.
Advent among those considering offer for Senior
(Sharecast News) - Private equity firm Advent International confirmed on Friday that it is considering a possible takeover offer for engineer Senior.
Netflix shares surge after Warner Bros bid dumped
(Sharecast News) - Netflix has walked away from its offer to buy Warner Bros Discovery, sending its shares higher and leaving Paramount Skydance as the likely winner in the long running battle for the iconic Hollywood studio.
Rathbones profits jump as Investec Wealth merger completes
(Sharecast News) - Rathbones - now the UK's largest discretionary wealth manager after it bought Investec's wealth management arm last year - posted a jump in full-year profit on Friday and struck an upbeat note on the outlook.
Berenberg starts Magnum Ice Cream Company at 'hold'
(Sharecast News) - Analysts at Berenberg initiated coverage on The Magnum Ice Cream Company with a 'hold' rating and a 1,270p price target on Friday, implying a roughly 7% upside to the stock's current price.
Rightmove delivers double‑digit operating profit growth, unveils fresh buyback
(Sharecast News) - Online real estate property portal operator Rightmove reported another year of solid top‑ and bottom-line growth and launched a fresh buyback on Friday, as advertisers continued to take higher‑value products and packages.
Indigo Partners sells 10m Wizz Air shares in placing
(Sharecast News) - Private equity firm Indigo Partners has sold 10m shares in Wizz Air in a placing, according to a release on Friday by JP Morgan.
BA owner IAG hails record full-year profit but shares drop
(Sharecast News) - IAG said on Friday that it had delivered another "record" financial performance in 2025 and that it would be returning €1.5bn of excess capital in the next 12 months, but shares in the BA and Iberia owner dropped, with analysts pointing to potential disappointment around guidance.
Intertek to boost Latin American footprint with QTEST acquisition
(Sharecast News) - Quality and safety services provider Intertek has expanded its presence in Colombia after agreeing to acquire QTEST, a local provider of electrical testing and certification services.
Melrose shares slump on weak revenue guidance
(Sharecast News) - Shares in Melrose Industries tanked on Friday as investors were unimpressed with weaker-than-expected revenue guidance, despite a 21% jump in profits last year as global tensions and conflicts sparked a "significant" increase in military spending.
Pearson posts higher profit in FY25, guides for further growth in FY26
(Sharecast News) - Education and assessment provider Pearson said on Friday that it had delivered on its goals in 2025, with both underlying sales and adjusted operating profit growth, leaving the firm confident in its outlook for 2026.
UK's Starmer under pressure as Greens win by-election
(Sharecast News) - The pressure on UK Prime Minister Keir Starmer intensified on Friday after the Green Party won an unexpected victory in the Gorton and Denton by-election.
Sainsbury's planning to cut around 300 jobs in restructure
(Sharecast News) - Sainsbury's is reportedly looking to cut around 300 jobs in a restructure.
Indigo Partners to sell 10m Wizz Air shares in placing
(Sharecast News) - Private equity firm Indigo Partners is planning to sell around 10m shares in Wizz Air in a placing, according to a release by JP Morgan on Thursday.
Victory Capital makes $57.04 per share offer for Janus Henderson, trumps Trian
(Sharecast News) - Shares of Janus Henderson shot higher on Thursday after Victory Capital offered to buy the asset manager in a deal with an enterprise value of about $16bn, trumping a previous offer from Trian Fund Management.
Royal Unibrew among firms circling BrewDog, Sky reports
(Sharecast News) - Danish brewer Royal Unibrew is reportedly interested in snapping up struggling British beer group BrewDog, according to Sky News on Thursday.
Mitie in talks to recruit successor to CEO Phil Bentley - report
(Sharecast News) - Outsourcer Mitie is reportedly in talks to recruit a successor to its veteran chief executive Phil Bentley.
Gerresheimer shares tank as German regulator widens financial probe
(Sharecast News) - Shares in Gerresheimer slumped on Thursday after the medical products maker said a day earlier that Germany's financial regulator BaFin was expanding its probe into the company's financial statements.
Citi cuts Diageo target price after results
(Sharecast News) - Citi cut its price target on Diageo on Thursday to 2,200p from 2,425p following the drinks company's results a day earlier.
Mid Wynd International upbeat about valuations despite weak H1
(Sharecast News) - London-listed investment trust Mid Wynd International underperformed the benchmark over its first half but reiterated confidence in its portfolio over 2026 as the stock's discount to net asset value continued to narrow.
Stifel hails continued outperformance by Howden, keeps 'buy' rating
(Sharecast News) - Stifel has maintained a 'buy' rating on Howden Joinery Group after the trade kitchen supplier's better-than-expected full-year results on Thursday, hailing "another year of outperformance against a tough market".
Vanquis trades lower after update highlights fragile backdrop despite return to profit
(Sharecast News) - Subprime lender Vanquis Banking pointed to a still‑fragile market backdrop on Thursday, with its turnaround reliant on tighter cost control, improved credit performance and better customer behaviour rather than top‑line momentum.
Genus shares slide on record profit as investors lock in gains
(Sharecast News) - Genus reported record first-half adjusted operating profit and substantial strategic progress on Thursday, with strong growth in its porcine genetics division and improved profitability in bovine genetics, as the group reiterated full-year expectations following the formation of a Chinese joint venture, although shares fell sharply as investors locked in gains after a strong recent run.
Greencoat UK wind reports solid cash generation, negative shareholder return
(Sharecast News) - Greencoat UK Wind reported robust cash generation in 2025 but a lower net asset value and negative total shareholder return, as the renewable infrastructure fund continued asset disposals, share buybacks and debt reduction in a bid to rebuild shareholder value.
Friday preview: BA and Iberia owner IAG to publish FY results
(Sharecast News) - Full-year results are due on Friday from International Consolidated Airlines Group, Melrose Industries, Pearson, Tritax Big Box and Just Group.
Mobico posts better-than-expected FY profit, shares surge
(Sharecast News) - Mobico shares rocketed on Thursday after the National Express owner posted better-than-expected full-year adjusted operating profit, mainly due to a record performance in Alsa, with strong end of year trading in Spain.
PPHE posts record revenue, earnings broadly as expected
(Sharecast News) - PPHE Hotel Group reported record revenue for 2025 on Thursday, with earnings broadly in line with market expectations, as occupancy and average room rates increased despite macroeconomic volatility and higher cost pressures.
Nvidia results, guidance get lukewarm response from investors
(Sharecast News) - Investors gave Nvidia a lukewarm response on Thursday, despite forecast-busting results at the chip making giant.
Tate & Lyle slips as muted demand leaves FY outlook unchanged
(Sharecast News) - Ingredients business Tate & Lyle traded lower early on Thursday after the group reiterated that both full‑year revenue and underlying earnings were still expected to decline, with muted market demand continuing to weigh on pro forma sales.
Man Group reports record organic growth
(Sharecast News) - Man Group reported record organic growth in 2025, with assets under management rising 35% year-on-year to $227.6bn, as the alternative asset manager highlighted continued market share gains and strategic progress, while separately announcing a series of board changes.
RBC Capital Markets raises target price on Hiscox
(Sharecast News) - Analysts at RBC Capital Markets hiked their target price on insurance firm Hiscox from 1,600p to 1,710p on Thursday, citing "good momentum" in 2025 and an "attractive" retail outlook.
Derwent London reports improved momentum, announces £110.5m disposal
(Sharecast News) - Derwent London reported improved momentum in its 2025 results on Thursday, and set out plans to accelerate disposals as it looks to recycle capital into higher-returning opportunities, while separately agreeing the £110.5m sale of a Fitzrovia office building.
LSEG sees earnings spark, unveils £3bn share buyback
(Sharecast News) - The owner of the London Stock Exchange unveiled plans to return £3bn to shareholders on Thursday, alongside a rise in annual earnings, amid mounting pressure from activist investor Elliott Management.
Drax reports record renewable generation in 2025
(Sharecast News) - Drax Group reported record 2025 renewable generation on Thursday, and set out plans to return more than £1bn to shareholders, as it targeted up to £700m of adjusted EBITDA annually beyond 2027 and advanced investments in flexible generation and battery storage.
Jupiter announces £30m share buyback, special divi as profits beat expectations
(Sharecast News) - Jupiter Fund Management announced a share buyback of up to £30m on Thursday and a special dividend, as it reported better-than-expected full-year profits and the first calendar year of positive net inflows in nine years.
Great Portland Estates grows fully managed rent roll with new lettings
(Sharecast News) - Property investor Great Portland Estates said on Thursday that it has secured a series of new fully managed leasing deals so far this year, adding further momentum to its premium office portfolio.
France's Engie to buy UK Power Networks for £10.5bn
(Sharecast News) - Shares in Engie surged on Thursday after the French utility said it has agreed to buy UK Power Networks (UKPN) for £10.5bn.
Ocado shares dive as 1,000 jobs axed in £150m cost-cutting drive
(Sharecast News) - Shares in UK grocer and technology group Ocado slumped on Thursday said it would be slashing around 1,000 jobs as part of a drive to save £150m in costs after setbacks to its automated warehouse programme rollout.
Howden Joinery FY revenues grow, sets out £100m share buyback
(Sharecast News) - Trade kitchen supplier Howden Joinery said on Thursday that group revenues had grown in the year ended 27 December, supported by progress in both its UK and international operations and further gains in market share, leading it to launch a new £100m share buyback programme.
Higher costs weigh on profits at CVS Group
(Sharecast News) - Veterinary chain CVS Group posted a fall in interim profits on Thursday amid higher costs and "challenging" market conditions in the UK.
WPP outlines restructure, looking to save £500m in annual costs by 2028
(Sharecast News) - WPP said on Thursday that it was planning to save £500m in annual costs by 2028 as it looks to restore growth.
GSK secures Japan and China reviews for two late‑stage liver disease treatments
(Sharecast News) - Drugmaker GSK said on Thursday that regulators in Japan and China had accepted two separate new drug applications for review, covering investigational treatments targeting chronic hepatitis B and cholestatic pruritus in primary biliary cholangitis.
Rolls-Royce upgrades outlook as profits surge, begins new buyback
(Sharecast News) - Aerospace firm Rolls‑Royce lifted its mid‑term targets and set out plans for a major share buyback on Thursday as it posted what it called a "strong" performance for 2025, underpinned by further progress in its transformation programme and continued end‑market growth.
Stellantis posts huge loss after over-ambitious EV pivot
(Sharecast News) - Vehicle maker Stellantis on Thursday posted a large annual loss and pinned its hopes on a return to polluting models amid a backlash against electric cars.
Hikma warns of slower growth, shares plunge
(Sharecast News) - Shares in Hikma Pharmaceuticals tumbled on Thursday, after the generics drugmaker withdrew its medium-term guidance and adopted a cautious outlook for the current year.
John Lewis Partnership to exit built-to-rent venture
(Sharecast News) - John Lewis Partnership is to exit its loss-making affordable homes business, the employee-owned retailer said on Wednesday, blaming a recent shift in economic conditions.
EQT not planning to bid for Oxford Biomedica
(Sharecast News) - Oxford Biomedica shares slumped on Wednesday after Swedish private equity firm EQT said it was not planning to make an offer for the gene and cell therapy company.
ShoreCap downgrades Standard Chartered on valuation grounds
(Sharecast News) - Shore Capital downgraded Standard Chartered to 'sell' from 'hold' on Wednesday on valuation grounds.
ShoreCap downgrades Standard Chartered on valuation grounds
(Sharecast News) - Shore Capital downgraded Standard Chartered to 'sell' from 'hold' on Wednesday on valuation grounds.
Norway's Verdane to buy Augmentum Fintech in £185.7m deal
(Sharecast News) - Augmentum Fintech surged on Wednesday after it agreed to be taken over by Norwegian investment firm Verdane in a £185.7m deal.
Higher passenger numbers fail to boost earnings at Heathrow
(Sharecast News) - Heathrow Airport posted flat annual earnings on Wednesday, as an uptick in passenger numbers was offset by lower charges and higher costs.
Metlen inks LNG cooperation deal with Shell
(Sharecast News) - Metlen Energy & Metals said on Wednesday that it has signed a memorandum of understanding to cooperate in the supply and trading of liquefied natural gas, in a move aimed at strengthening regional energy security and expanding access to European markets.
Lion Finance reports record preliminary profits
(Sharecast News) - Lion Finance Group reported record preliminary profits for 2025 on Wednesday, supported by double-digit loan growth in Georgia and Armenia, and announced further capital returns through dividends and an extended share buyback programme.
Thursday preview: Rolls-Royce results among the highlights on busy day
(Sharecast News) - Thursday sees the release of results from Rolls-Royce, LSEG, Hikma Pharmaceuticals, Howden Joinery, WPP, Drax, Derwent London, Ocado, PPHE Hotel Group, Jupiter Asset Management and Vanquis Banking.
Kosmos Energy to sell Equatorial Guinea assets for up to $219.5m
(Sharecast News) - Kosmos Energy said on Wednesday that it has agreed to sell its 40.4% non-operating working interest in the Ceiba Field and Okume Complex production assets offshore Equatorial Guinea to Panoro for up to $219.5m.
International Personal Finance FY profits rise, backs improved BasePoint offer
(Sharecast News) - Financial services business International Personal Finance said on Wednesday that it had delivered another year of solid progress, supported by strong operational performance and continued execution of its Next Gen strategy.
Hammerson returns to statutory profit amid solid rental growth
(Sharecast News) - Hammerson returned to statutory profit in 2025 and reported double-digit growth in rental income and net tangible assets on Wednesday, as the retail-focused landlord said it was well positioned for further expansion in 2026 and beyond.
St James's Place reports record funds under management, higher profits
(Sharecast News) - St James's Place reported higher profits and record funds under management for 2025 on Wednesday, as the UK wealth manager accelerated shareholder return plans following what it described as a year of "strong delivery and execution".
Victorian Plumbing founder and CEO to step down
(Sharecast News) - Victorian Plumbing said on Wednesday that its founder and chief executive was stepping down, as it hailed a strong start to the year and announced the acquisition of Sovereign Transport Services.
Me Group delays FY results after auditor requests additional time
(Sharecast News) - Vending machine operator Me Group said on Wednesday that it would delay the publication of its audited full‑year results after its auditor requested additional time to complete its work.
Berenberg lowers target price on Cerillion
(Sharecast News) - Analysts at Berenberg lowered their targret price on software firm Cerillion from 2,125p to 2,000p on Wednesday as it said the group was now "accelerating into the AI era".
General Atlantic plans ByteDance stake sale at $550bn valuation - report
(Sharecast News) - Investment firm General Atlantic is reportedly selling an equity stake in ByteDance in a deal that values the Chinese social media giant at $550bn, marking a sharp rise in the privately held shares.
Shaftesbury Capital reports higher rental income, earnings
(Sharecast News) - Shaftesbury Capital reported higher rental income, earnings and net tangible assets for 2025 on Wednesday, supported by continued strength across its West End estates and a 6.6% uplift in portfolio valuations.
Hiscox lifts dividend after third straight year of record profits
(Sharecast News) - Insurance firm Hiscox lifted its full-year dividend payout on Wednesday as it reported a third consecutive year of record pre-tax profits in 2025, with both underwriting and investment income continuing to improve.
Aston Martin to cut 20% of workforce as losses widen
(Sharecast News) - Aston Martin Lagonda said on Wednesday that it was planning more job cuts as it reported a widening of its losses, citing weak demand and a hit from tariffs.
Morgan Sindall hails another 'record' full year, lifts medium-targets for two units
(Sharecast News) - Morgan Sindall hailed another record full-year performance on Wednesday as it hiked its dividend and lifted medium-term targets for its Infrastructure and Mixed Use Partnerships businesses.
Annual sales miss forecasts at Haleon, shares slip
(Sharecast News) - Consumer healthcare giant Haleon posted weaker-than-expected annual sales on Wednesday, hit by a less severe cold and 'flu season and ongoing softness in the US.
Diageo cuts guidance and dividend on tough US trading, shares slide
(Sharecast News) - Diageo cut its full-year guidance and halved the dividend on Wednesday, sending shares sharply lower, after weak trading in North America and China weighed heavily on the drinks giant.
Trainline CEO to step down after six years, shares tumble
(Sharecast News) - Trainline chief executive Jody Ford is stepping down after more than six years in the job, the online ticketing platform said on Wednesday, sending shares in the company down 6%.
Service sector profits hit by rising cost pressures, says CBI
(Sharecast News) - Rising cost pressures continued to hit profitability across the UK services sector over the past three months, according to a CBI survey on Thursday.
GSK to acquire Canada's 35Pharma for $950m
(Sharecast News) - Drugmaker GSK has agreed to acquire Canadian clinical-stage biopharmaceutical firm 35Pharma for $950m in cash.
HSBC FY beats estimates despite impairments, lifts return targets
(Sharecast News) - HSBC reported a better-than-expected annual results despite a 7.4% fall in pre-tax profits due to the adverse impact from legal provisions, organisational simplification and the sale of its French-retained portfolio of loans.
Banking stocks slump as Dimon warns over bad loans
(Sharecast News) - Banking stocks were under pressure on Tuesday amid concerns about the credit market after the boss of JP Morgan warned about the risk of bad loans.
Brooks Macdonald returns to positive net flows in first half
(Sharecast News) - Brooks Macdonald Group reported a return to positive net flows in the first half on Tuesday, as revenue rose and funds under management and advice increased, with the board lifting its interim dividend and reiterating full-year guidance in line with market expectations.
Deutsche Bank downgrades Rentokil to 'hold'
(Sharecast News) - Deutsche Bank downgraded Rentokil on Tuesday to 'hold' from 'buy' and cut the price target to 465p from 505p.
Barclays downgrades Rio Tinto, cites several near-term headwinds
(Sharecast News) - Barclays downgraded Rio Tinto on Tuesday to 'equalweight' from 'overweight' and cut the price target to 6,600p from 6,885p, citing a number of near-term headwinds.
BTG Consulting on track to hit forecasts after solid Q3
(Sharecast News) - BTG Consulting, the financial and real estate advisory firm formally known as Begbies Traynor Group, said it still expects to hit market forecasts with its annual results, with improving demand across the restructuring and advisory divisions.
Wednesday preview: Nvidia results in the spotlight
(Sharecast News) - US chip giant Nvidia is due to release quarterly results after the close on Wednesday.
Jefferies upgrades Ashmore to 'buy', shares jump
(Sharecast News) - Jefferies upgraded Ashmore to 'buy' from 'hold' on Tuesday and hiked the price target to 285p from 170p as it cited an attractive risk/reward and said that Q4 2025 marked a turning point in the emerging markets cycle.
RBC Capital Markets raises target price on Fevertree Drinks
(Sharecast News) - Analysts at RBC Capital Markets raised their target price on mixers business Fevertree Drinks from 900p to 1,030p on Tuesday as the group's US partnership with Molson Coors continued to build.
McBride on track for full year despite dip in interim profit
(Sharecast News) - Cleaning products maker McBride said on Tuesday that it was on track to meet full-year targets despite a dip in interim profit.
Convatec boosts outlook after strong year, shares spark
(Sharecast News) - Shares in Convatec Group sparked in early trading on Monday, after the medical products business boosted medium-term guidance following a jump in annual sales and earnings.
Oxford Biomedica FY revenues grow, one‑off gain props up earnings
(Sharecast News) - Contract development and manufacturing firm Oxford Biomedica said on Tuesday that it expects to report a strong rise in full year revenues, but signalled that underlying profitability would only be modest despite a one‑off boost from its US acquisition.
European Smaller Companies Trust posts positive first half
(Sharecast News) - The European Smaller Companies Trust reported a positive first half on Tuesday, as net asset value outperformed its benchmark and the company completed its combination with European Assets Trust, lifting net assets to £839.6m and introducing a new dividend policy targeting distributions of at least 5% of NAV.
Sales, profits spark at Croda despite 'uncertain' market conditions
(Sharecast News) - Croda International posted a jump in annual sales and earnings on Tuesday, despite the ongoing impact of US tariffs and wider geopolitical uncertainty.
Balfour Beatty CFO to step down after more than ten years
(Sharecast News) - Infrastructure group Balfour Beatty revealed on Tuesday that chief financial officer Phil Harrison will step down from the board later this year following more than ten years in the role.
StanChart earnings jump 16% on strong wealth management
(Sharecast News) - Asia and Africa-focused bank Standard Chartered on Tuesday reported a 16% rise in annual earnings on the back of a strong performance at its wealth management division.
European software, cybersecurity stocks fall on new Anthropic security tool
(Sharecast News) - London-listed NCC Group was under the cosh on Monday, along with a number of other European software and cybersecurity stocks, after Anthropic unveiled a new security tool.
Canaccord Genuity lifts EnQuest target price after Magnus transaction
(Sharecast News) - Canaccord Genuity has raised its target price for EnQuest from by over a quarter, hailing the "considerable value" unlocked by a transaction affecting the oil group's Magnus field in the North Sea.
ICG in talks to buy stake in Southern Communications Group - report
(Sharecast News) - London-listed investor ICG is reportedly in talks to buy a stake in telecoms provider Southern Communications Group at a valuation of over £700m.
Greatland Resources enters H2 with confidence as H1 revenues soar
(Sharecast News) - Australian gold and copper producer Greatland Resources reported interim revenues of nearly A$1bn as a strong operating performance was bolstered by record commodity prices, with the company entering the second half in a strong financial position.
The Works shares spark as Kelso lifts stake, says company is undervalued
(Sharecast News) - The Works shares shot higher on Monday after activist investor Kelso said it has increased its stake in the "undervalued" retailer to 7% from 6.6%.
Berenberg lowers target price on Victoria
(Sharecast News) - Analysts at Berenberg cut their target price on floorings business Victoria from 100p to 60p on Monday after the group's unscheduled year-to-date trading update earlier in the morning.
EnQuest delivers above-guidance production, forecasts stability
(Sharecast News) - EnQuest said in an update on Monday that it delivered production above guidance in 2025 and strengthened its balance sheet through refinancing and a settlement related to the Magnus field, as it set out plans to maintain stable output in 2026 despite weather-related disruption in the UK North Sea.
Capricorn Energy guides for broadly stable 2026 production
(Sharecast News) - Capricorn Energy reported a solid operational and financial performance for 2025 on Monday, underpinned by development drilling in Egypt and strengthened liquidity, as it guided broadly stable production for 2026 ahead of the anticipated ratification of its integrated concession agreement.
Smiths News warned by pension regulator over Tuffnells Express
(Sharecast News) - Smiths News has been warned by Britain's pensions regulator that it may face a financial contribution to the underfunded pension scheme of collapsed firm Tuffnells Parcels Express.
Rolls-Royce to unveil up to £1.5bn buyback with results this week - report
(Sharecast News) - Engine maker Rolls-Royce will reportedly unveil plans this week to return more than £1bn to investors when it reports record profits and underlines the spectacular scale of its turnaround.
Tuesday preview: StanChart, Croda results in focus
(Sharecast News) - Tuesday will see the release of full-year results from Standard Chartered, Croda and Unite, while McBride will publish interim results.
Mony Group reiterates outlook as revenues tick higher
(Sharecast News) - MoneySuperMarket-owner Mony Group reiterated guidance on Monday despite "significant" headwinds in car insurance.
Pantheon Infrastructure improves terms of £115m loan
(Sharecast News) - Infrastructure investor Pantheon Infrastructure has reset key details of its fully undrawn £115m revolving credit facility, cutting the interest rate and extending the term of the loan.
Herald Investment lifts NAV but discount widens amid ongoing dispute with Saba Capital
(Sharecast News) - Herald Investment Trust said on Monday that it had delivered a strong performance over the year ended 31 December, reporting further growth in assets and continued outperformance against its benchmark, despite ongoing governance challenges linked to a major shareholder.
Johnson Matthey shares tank as Honeywell deal price slashed
(Sharecast News) - Shares in Johnson Matthey plunged on Monday after the company slashed almost half a billion pounds from the sale price of its catalyst technologies business to Honeywell after reports the American conglomerate was thinking about walking away from the deal.
JD Sports starts £200m share buyback
(Sharecast News) - JD Sports Fashion on Monday said it was returning £200m to shareholders through share buybacks in its 2026/27 financial year.
OSB Group appoints Enrique Labiano as CEO
(Sharecast News) - OSB Group said on Friday that it has appointed Enrique Alvarez Labiano as chief executive officer with effect from a date to be agreed.
Essensys extends PUSU deadline for third time as talks continue
(Sharecast News) - Essensys, the AIM-listed landlord and workspace software group, has once against extended the 'put up or shut up' deadline as talks continue about a potential takeover by founder Mark Furness.
UBS upgrades St James's Place to 'buy', highlights earnings growth
(Sharecast News) - UBS upgraded its stance on wealth manager St James's Place on Friday to 'buy' from 'neutral' on valuation grounds following the recent selloff, and citing earnings support.
CMA to appoint former Amazon UK boss Doug Gurr as permanent chair - report
(Sharecast News) - The Competition and Markets Authority will reportedly name former Amazon UK boss Doug Gurr as its new permanent chair next week, after winning backing from ministers for his stewardship of the agency since early last year.
Shore Capital hails promising outlook for Segro
(Sharecast News) - Shore Capital has kept a 'buy' rating for Segro after strong results from the industrial real estate group on Friday, highlighting the company's "impressive" rental growth and the stock's attractive investment case.
MoneySuperMarket launches ChatGPT app
(Sharecast News) - MoneySuperMarket said on Friday that it has launched the first UK financial services and price comparison service ChatGPT app.
Kingspan reports record 2025 as data centre demand surges
(Sharecast News) - Full-year results from Kingspan impressed investors on Friday as the Ireland-based insulation and building materials group reported record revenues, as strong demand for data centre infrastructure offset weaker trading in the industrial and residential markets.
AstraZeneca's Calquence leukaemia treatment gets US FDA approval
(Sharecast News) - AstraZeneca said on Friday that the US Food and Drug Administration has approved its 'Calquence', or acalabrutinib, in combination with venetoclax as the first all-oral, fixed-duration regimen for the treatment of adult patients with chronic lymphocytic leukaemia and small lymphocytic lymphoma in the first-line setting.
Tullow Oil trades higher on lower net debt, strengthened funding position
(Sharecast News) - Exploration firm Tullow Oil traded higher on Friday after it reported a further reduction in net debt and confirmed a refinancing package that strengthens its balance sheet ahead of a key investment period.
Chemring flags slower start to FY26, non‑cash impairment at Kilgore Flares
(Sharecast News) - Aerospace and defence firm Chemring shares slipped in early trading on Friday after it reported a slower‑than‑expected start to the year, flagged operational disruption in its countermeasures division and warned that net debt would rise as investment ramps up.
Strength in Georgian business underpins Q4 growth for TBC Bank
(Sharecast News) - TBC Bank Group reported a 16% year-on-year increase in fourth-quarter profit on Friday, as strong income growth in Georgia offset softer earnings momentum in Uzbekistan, while the board proposed a higher final dividend for 2025.
Aston Martin FY loss to be bigger than expected, to sell naming rights for £50m
(Sharecast News) - Aston Martin Lagonda said on Friday that it was planning to sell the naming rights to its Formula 1 team for £50m to boost its liquidity, as it warned its annual loss would be worse than expected, partly due to US tariffs.
Skinbiotherapeutics brings in new audit chair, launches forensic review
(Sharecast News) - Life science business SkinBioTherapeutics said on Friday that it has appointed Alyson Levett as a new non‑executive director and chair of the audit committee, with responsibility for overseeing the ongoing investigation into the conduct of its former chief executive and the validity of royalty income booked in its FY25 accounts.
Segro posts record £99m of new rent as earnings, occupancy rise
(Sharecast News) - Property developer Segro said on Friday that it delivered a "strong operating performance" in 2025, securing a record £99m of new contracted rent and posting 6% like‑for‑like growth in net rental income.
BlackRock Smaller Companies Trust to merge with Throgmorton
(Sharecast News) - BlackRock Smaller Companies Trust said on Friday that it has agreed to merge with BlackRock Throgmorton Trust in a deal that will create a company with net assets of about £780m.
Anglo American writes down De Beers by another $2.3bn
(Sharecast News) - Anglo American wrote down the value of its troubled De Beers unit by another $2.3bn, weighing on group annual earnings.
Mandelson's advisory firm Global Counsel to go into administration - report
(Sharecast News) - Global Counsel, the advisory firm founded by Peter Mandelson, is reportedly set to go into administration as soon as Friday following revelations about his ties to Jeffrey Epstein.
Norway's Blastr in the running to buy Speciality Steels UK - report
(Sharecast News) - Norwegian green steel group Blastr is reportedly in the running to buy Speciality Steels UK (SSUK), Britain's third-biggest producer of the metal, six months after it collapsed into liquidation.
Wayfair shares tank on weaker customer numbers
(Sharecast News) - Wayfair's share price dropped nearly 12% on Thursday despite the online furniture retailer beating profit estimates in the fourth quarter, as active customer numbers slipped year-on-year.
Dunelm deserves a premium valuation despite Christmas 'blip', says Shore Capital
(Sharecast News) - Shore Capital has reiterated a 'buy' rating on Dunelm, shrugging off recent investors concerns about a weak trading performance by the homeware retailer over Christmas, and highlighting a pick-up in momentum since over the fiscal third quarter.
Manufacturing downturn eases in February but pipeline remains poor
(Sharecast News) - The downturn in the manufacturing sector eased slightly in the three months to February, but the pipeline for activity remains poor, according to the latest Industrial Trends survey from the Confederation of British Industry.
Rights & Issues Investment Trust underperforms benchmark despite NAV increase
(Sharecast News) - Rights and Issues Investment Trust reported a modest increase in net asset value for 2025 on Thursday, although it significantly underperformed its benchmark as a widening discount weighed on shareholder returns, while the board proposed a higher final dividend.
Polar Capital Global Financials Trust ends year in line with benchmark
(Sharecast News) - Polar Capital Global Financials Trust reported net asset value total returns in line with its benchmark for the year ended 30 November on Thursday, as earnings rose and the board declared a higher total dividend.
Capita secures £137m pensions contract renewal
(Sharecast News) - Capita said on Thursday that its Pension Solutions business has secured a contract renewal with an existing UK client valued at £137m for up to 10 years.
Berenberg slightly lowers target price on Haleon
(Sharecast News) - Analysts at Berenberg slightly lowered their target price on consumer health business Haleon from 517p to 510p on Thursday, stating that 2026 should represent "a turning point" in the group's evolution into a consumer-centric business.
GPE completes lettings on phase one of City Tower repositioning
(Sharecast News) - Property developer Great Portland Estates said on Thursday that all 28,700 square feet of fully managed space in the first phase of its City Tower repositioning was now either let or under offer.
Airbus shares fall on lower output targets amid Pratt & Whitney row
(Sharecast News) - Airbus shares fell on Thursday as the aircraft maker said major shortages of Pratt & Whitney engines had led to a slowdown in production of its A320 jets, forcing it to cut delivery targets and threaten action to enforce its contractual rights with the supplier.
CRH upbeat about 2026 as full-year profits rise
(Sharecast News) - Building materials provider CRH reported a rise in full-year profit and revenue on Thursday as it struck an upbeat tone on the outlook for 2026.
Drax signs 200MW tolling agreement with Zenobē Coalburn
(Sharecast News) - Energy firm Drax said on Thursday that it had signed a tolling agreement with Zenobē Coalburn for 200MW of new battery energy storage capacity, strengthening its position in short‑duration, fast‑response power assets.
Centrica pauses buyback as full-year profits drop
(Sharecast News) - Centrica shares slumped on Thursday after the British Gas owner said it was pausing its share buyback programme as it reported a decline in full-year operating profit in a "challenging environment", with guidance from the energy firm also disappointing.
Rio Tinto net profit falls 14% on weak iron ore demand
(Sharecast News) - Rio Tinto on Thursday posted a 14% drop in full-year net profit as weak steel demand in China hit iron ore earnings, slightly offset by higher copper prices.
Friday preview: Anglo American results, UK retail sales due
(Sharecast News) - Friday sees the release of results from Anglo American, Segro and TBC Bank, as well as UK retail sales figures.
Mondi shares rise as firm cuts divi, capex amid tough conditions
(Sharecast News) - Paper and packaging group Mondi slashed its dividend after a 29% slump in annual profits in 2025 and pointed to further declines in paper prices over the first quarter, though shares rose as investors welcomed a cut to capital expenditure guidance this year.
Safestore Q1 revenues rise 7.9pc
(Sharecast News) - Self storage group Safestore reported a solid start to the year on Thursday, with first‑quarter revenues rising 7.9% to £61.2m, or 6.3% at constant exchange rates, supported by growth across both like‑for‑like and newly opened stores.
Ebay buys Depop for $1.2bn as it targets younger shoppers
(Sharecast News) - Online auction and sales platform eBay tapped into growing demand from younger shoppers for secondhand fashion with a $1.2bn cash deal to buy marketplace Depop from Etsy.
Vodafone to sell 50% interest in Dutch JV to Liberty Global
(Sharecast News) - Vodafone said on Wednesday that Liberty Global has agreed to buy out its 50% interest in their Dutch joint venture VodafoneZiggo for €1bn in cash and a 10% shareholding in a soon-to-be-formed Benelux entity.
Nvidia sells remaining stake in Arm
(Sharecast News) - Nvidia has sold its remaining stake in chip technology firm Arm Holdings, according to a regulatory filing on Tuesday.
Spire Healthcare extends deadline for takeover talks with Bridgepoint, Triton
(Sharecast News) - Private hospital operator Spire Healthcare said on Wednesday that the deadline for takeover talks with private equity firms Bridgepoint and Triton has been extended as discussions are ongoing.
FCA could scale back penalties for carmakers in £11bn motor finance scandal
(Sharecast News) - The Financial Conduct Authority could soon announce a reprieve to carmakers in the upcoming £11bn motor finance compensation scheme, according to reports on Wednesday.
RBC lifts BHP Group target price, but stays neutral on stock
(Sharecast News) - RBC Capital Markets has raised its target price for BHP Group after the mining giant's stronger-than-expected first-half results, welcoming the group's accelerating copper momentum, but kept a 'sector perform' rating on the stock.
Thursday preview: Rio Tinto, Centrica results due
(Sharecast News) - Results are due on Thursday from miner Rio Tinto, British Gas owner Centrica and paper and packaging group Mondi.
JPMorgan places Inchcape on 'positive catalyst watch', lifts price target
(Sharecast News) - Inchcape shot higher on Wednesday after JPMorgan placed the shares on 'positive catalyst watch' ahead of full-year results on 3 March and hiked the price target to 880p from 800p.
Berenberg lowers Unilever to hold
(Sharecast News) - Analysts at Berenberg downgraded consumer goods giant Unilever from 'buy' to 'hold' on Wednesday, stating the company has, in its view, completed its transformation into "a simpler, more agile, faster-growing and more profitable business" than it was two to three years ago.
Galliford Try appointed to £15.4bn Department for Education framework
(Sharecast News) - Construction group Galliford Try said on Wednesday that its building business has been appointed to the new £15.4bn Department for Education (DfE) Construction Framework 25 (CF25).
Blackstone, EQT and CVC bid for VW's Everllence unit - report
(Sharecast News) - Volkswagen has reportedly attracted bids from private equity funds including Blackstone, EQT and CVC for its Everllence shipping engines division.
Pan African Resources posts record H1 profits as prices soar
(Sharecast News) - First-half profits at Pan African Resources more than trebled to a record high, the gold miner announced on Wednesday, as both production volumes and the gold price jumped more than 50% year on year.
Meta ramps up AI build‑out with major Nvidia chip deployment
(Sharecast News) - Social media giant Meta said late on Tuesday that it will deploy millions of Nvidia chips across its artificial intelligence data‑centre network as part of an expanded partnership between the two companies.
PPHE Hotel sells NYC development site for $33m
(Sharecast News) - Hotel and resorts group PPHE Hotel has sold a longstanding development site in Manhattan to an unnamed US real estate developer for $33.5m.
BAE sales hit record amid new global arms race
(Sharecast News) - Weapons maker BAE Systems on Wednesday reported a better-than-expected rise in annual profits after sales soared to a new record as it cashed in on higher government defence spending amid rising geopolitical tensions.
Glencore FY profits decline as coal weakness offsets metals strength
(Sharecast News) - Mining giant Glencore posted a decline in full‑year profits on Wednesday, as record copper prices were unable to offset weaker earnings from its coal division.
UBS upgrades SSP to 'buy', shares spark
(Sharecast News) - SSP Group surged on Tuesday after UBS upgraded the shares to 'buy' from 'neutral', saying it expects the company's focus on cash flow generation to alleviate investor concerns.
Shore Capital lifts NatWest estimates but keeps at 'hold'
(Sharecast News) - Shore Capital has raised its share price estimate for NatWest after a "strong set of FY results" from the bank, but kept a neutral stance on the stock, raising questions about whether the firm can maintain high-teens returns over the long term.
Warner Bros reopens talks with Paramount Skydance
(Sharecast News) - Warner Bros Discovery said it had rejected Paramount Skydance's $30-a-share hostile takeover bid but gave the Hollywood studio a week to formulate a better deal.
Portland General buys PacifiCorp's Washington assets for $1.9bn
(Sharecast News) - Portland General Electric on Tuesday said it has agreed $1.9bn deal to buy the wind, natural-gas generation and distribution assets of PacifiCorp in Washington state.
Company insolvencies rise in January as administrations jump
(Sharecast News) - Company insolvencies across England and Wales edged higher in January, according to figures out on Tuesday from HMRC, as the number of administrations jumped.
Wagamama owner exploring sale of transport concessions unit - report
(Sharecast News) - Wagamama owner The Restaurant Group is reportedly exploring a sale of its transport concessions division amid tough high street trading conditions.
Coca-Cola Europacific reports full-year growth, launches fresh buyback
(Sharecast News) - Coca-Cola Europacific Partners reported higher revenue and profit for the year ended 31 December and announced a further €1bn share buyback on Tuesday, as the FTSE 100 bottler cited resilient demand, productivity gains and strong cash generation.
European Opportunities Trust disappointed with H1 returns as strategic reviews gets underway
(Sharecast News) - European Opportunities Trust said it is the "right time" to undertake a strategic review after a "disappointing" performance over its first half, with total returns significantly underperforming the benchmark.
Berenberg reinstates 'buy' rating on Pinewood Technologies
(Sharecast News) - Analysts at Berenberg reinstated coverage on software-as-a-service outfit Pinewood Technologies with a 'buy' rating and a 725p target price on Tuesday, stating the stock's current price "significantly underpriced growth".
Wednesday preview: BAE Systems results, UK inflation
(Sharecast News) - Full-year results are due from BAE Systems and interim results from Pan African Resources on Wednesday, while the latest UK consumer price index will also be released.
Rank Group appoints Cliff Baty as interim CFO
(Sharecast News) - Grosvenor Casino and Mecca owner Rank Group said on Tuesday that it has appointed Cliff Baty as interim chief financial officer with effect from 23 February.
Sirius Real Estate completes £77m raise to fund German asset purchases
(Sharecast News) - Property firm Sirius Real Estate said on Tuesday that it had completed its latest capital raise, with the proceeds set to support two planned acquisitions in Germany focused on defence‑related assets and tenants.
Applied Nutrition flags strong first-half performance
(Sharecast News) - Applied Nutrition said on Tuesday that it delivered a strong first-half performance, with revenue rising sharply and full-year guidance upgraded following robust demand across its retail channels.
GSK's Exdensur gets green light from European Commission
(Sharecast News) - Drugmaker GSK said on Tuesday that the European Commission has approved its asthma and nasal polyps treatment Exdensur (depemokimab) for two separate indications.
Plus500 tumbles as CEO, CFO and CMO sell 1.5m shares
(Sharecast News) - Plus500 tumbled on Tuesday after the company's chief executive, chief financial officer and chief marketing officer sold 1.5m shares to Goldman Sachs.
IHG launches $950m share buyback as FY profit, revenue rise
(Sharecast News) - InterContinental Hotels reported a jump in full-year operating profit and revenue on Tuesday, hiked its dividend and announced a new $950m share buyback, amid strength in the EMEEA region.
IHG launches $950m share buyback as FY profit, revenue rise
(Sharecast News) - InterContinental Hotels reported a jump in full-year operating profit and revenue on Tuesday and announced a new $950m share buyback, amid strength in the EMEEA regions.
Debenhams moves to bolster liquidity with £35m equity raise
(Sharecast News) - Boohoo owner Debenhams said on Tuesday that it plans to raise fresh equity as part of an effort to support its turnaround strategy and strengthen its balance sheet.
Antofagasta FY EBITDA hits new high on strong copper prices
(Sharecast News) - Copper mining giant Antofagasta posted strong top‑line growth and delivered record underlying earnings on Monday, driven by increased commodity prices and higher sales volumes.
BHP profit surges on pivot to copper
(Sharecast News) - Mining giant BHP on Tuesday reported a sharp jump in first-half earnings and lifted its dividend by 46% as its pivot towards copper production from iron ore paid off.
Raspberry Pi surges amid optimism over AI demand
(Sharecast News) - Raspberry Pi surged on Tuesday, with traders highlighting optimism that the growing use of its computers with AI will boost demand.
Chesnara buys Scottish Widows Europe from Lloyds for €110m
(Sharecast News) - Chesnara on Tuesday said it had signed a deal to buy Scottish Widows Europe, a Luxembourg based closed life insurance business from Lloyds Banking Group for €110m in cash.
Intertek acquires German drone-based inspection solutions firm
(Sharecast News) - Quality assurance firm Intertek announced on Tuesday that it had acquired high-speed TEK-powered inspection and diagnostic solutions provider Aerial PV Inspection for an undisclosed sum.
Seraphim Space sees valuations of top four holdings jump 24%
(Sharecast News) - Seraphim Space Investment Trust said on Monday that valuations of its top four holdings jumped 24% in the December quarter.
Another Centrica buyback uncertain ahead of FY results, says Citi
(Sharecast News) - Citi has kept a 'neutral' stance on Centrica ahead of the energy group's annual results this week, raising questions about the company's potential long-term targets.
Former Carillion CEO fined £237,000 over 2018 collapse
(Sharecast News) - The former chief executive of construction firm Carillion has been fined more than £230,000 for his part in misleading statements before the company's spectacular collapse in 2018 that saw 3,000 people lose their jobs.
UK regulator mulls Chinese auditing change to encourage London listings
(Sharecast News) - The Financial Reporting Council announced on Monday that it is consulting on proposed changes to auditing rules that would allow auditors of London-listed, China-based companies to use Chinese auditing rules.
Tuesday preview: IHG and Antofagasta results due; UK jobs data in focus
(Sharecast News) - Results are due on Tuesday from InterContinental Hotels Group and Chilean copper miner Antofagasta.
RBC Capital downgrades Schroders, lifts PT on Nuveen takeover
(Sharecast News) - RBC Capital Markets downgraded Schroders on Monday to 'sector perform' from 'outperform' but lifted the price target to 610p from 440p to reflect the total consideration of its takeover bid from Nuveen.
Berenberg hikes target price on Fevertree
(Sharecast News) - Analysts at Berenberg hiked their target price on drinks maker Fevertree from 790p to 920p on Monday as it put the spotlight on its US partnership with Molson Coors.
Warner Bros mulling talks with Paramount after sweetener - report
(Sharecast News) - Warner Bros Discovery is reportedly thinking about reopening talks with Paramount Skydance after the hostile bidder last week sweetened its offer.
M&G Investments and CVC agree 'landmark' $1.1bn private equity deal
(Sharecast News) - M&G Investments said on Monday that it was expanding its private equity platform with the completion of a "landmark" $1.1bn managed fund secondary transaction in a new strategic partnership with CVC Secondary Partners (CVC).
Beazley extends 'put up or shut up' deadline as Zurich due diligence progresses
(Sharecast News) - Beazley said on Monday that the deadline for Zurich Insurance to make a firm takeover bid has been extended.
Pinewood shares crater after Apax pulls offer
(Sharecast News) - Shares in Pinewood Technologies tanked on Monday after private equity firm Apax Partners withdrew its £575m offer for the automotive service provider on Friday, citing prevailing challenging market conditions.
TRIG to maintain dividend this year as NAV falls
(Sharecast News) - London-listed renewable energy investment company The Renewables Infrastructure Group (TRIG) said it would keep its dividend unchanged this year after reporting a 5.2% fall in net asset value (NAV) per share over the fourth quarter.
Hunting hails 'excellent' pilot results as Buccaneer wells double output
(Sharecast News) - Precision engineering group Hunting said on Monday that it had received positive results from a pilot test of its enhanced oil recovery solution from Buccaneer Energy.
Shore Capital lowers AstraZeneca to 'hold'
(Sharecast News) - Shore Capital downgraded drugmaker AstraZeneca from 'buy' to 'hold' on Friday, stating the drugmaker's near‑term earnings outlook looked less favourable despite what it called "exceptional" R&D delivery.
Iforex reviving plans for £40m London float - report
(Sharecast News) - Financial trading company Iforex is reportedly reviving plans for a £40m London stock market listing.
Sky deal talks with ITV have slowed - report
(Sharecast News) - Sky's talks with London-listed broadcaster ITV about buying its broadcast channels and streaming platform have reportedly slowed in recent weeks, as the battle to buy Warner Bros Discovery disrupts the industry.
Diverse Income Trust underperforms benchmark
(Sharecast News) - The Diverse Income Trust said on Friday that it underperformed its benchmark index in the six months to 30 November 2025, as its tilt towards smaller companies proved to be a headwind.
Berenberg hikes target price on Morgan Sindall
(Sharecast News) - Analysts at Berenberg hiked their target price on construction firm Morgan Sindall from 5,400p to 5,800p on Friday in order to reflect another strong performance from the group's fit out division.
European Opportunities Trust kicks off strategic review
(Sharecast News) - European Opportunities Trust said on Friday that it has begun a strategic review of the future of the company, which could result in a merger or cash exit, as it conceded it was unlikely to meet performance targets.
NatWest lifts targets as FY profits jump 24%
(Sharecast News) - UK bank NatWest on Friday reported a better-than-expected increase in full-year profits and lifted performance targets.
NatWest to disclose £500m in bonus awards for 2025 - report
(Sharecast News) - NatWest Group will reportedly disclose on Friday that it awarded bonuses of nearly £500m last year, as it returned to full private ownership 17 years after it was rescued by taxpayers.
JPMorgan reinstates coverage of Unite Group at 'overweight'
(Sharecast News) - JPMorgan reinstated coverage of Unite Group on Thursday at 'overweight' with a 725p price target as it said the de-rating was excessive given structural drivers.
Daily Mail's £500m Telegraph deal faces formal probe
(Sharecast News) - Daily Mail and General Trust's proposed £500m takeover of the Telegraph titles looked set to face a formal investigation on Thursday, after the Culture Secretary intervened on public interest and competition grounds.
Citi downgrades Drax to 'neutral' from 'buy'
(Sharecast News) - Citi downgraded Drax on Thursday to 'neutral' from 'buy' as it said the shares were already discounting much of the probability-weighted upside, but lifted the price target to 923p from 850p.
Alba Mineral Resources pleased with progress at Clogau mine
(Sharecast News) - The share price of Alba Mineral Resource received a boost on Thursday by an operational update from the Clogau-St David's gold mine, after six blasts were completed successfully.
Funding Circle signs new £700m forward flow deal with Waterfall
(Sharecast News) - SME finance platform Funding Circle has announced a £700m deal with Waterfall Asset Management to provide funding for its shorter-term loan product.
Nuveen's price for Schroders 'too cheap', says Panmure Liberum
(Sharecast News) - Panmure Liberum said on Thursday that US investment manager Nuveen's 612p a share takeover offer for Schroders is "too cheap" and "only a touch ahead of where we might have been pitching a new target price in an independent world".
Magnum Ice Cream results fail to impress as operating profit slides
(Sharecast News) - Shares in Magnum Ice Cream tumbled on Thursday as its first full-year results since the recent demerger from Unilever failed to impress.
THG strikes deal with Greencore to sell protein-enriched convenience foods
(Sharecast News) - THG is to target the booming obesity jab market through a strategic partnership with convenience food producer Greencore Group, it confirmed on Thursday.
Friday preview: NatWest results the highlight on quiet day for corporate releases
(Sharecast News) - On an otherwise quiet day for corporate releases, attention will turn to NatWest's full-year results on Friday.
RBC Capital Markets lowers target price on Barratt Redrow
(Sharecast News) - Analysts at RBC Capital Markets lowered their target price on property developer Barratt Redrow from 450p to 425p on Thursday as it updated its estimates to account for the firm's interim results.
GPE secures major pre‑let at The Delft with AI firm Quantexa
(Sharecast News) - Property developer Great Portland Estates has pre-let of 52,293 square feet at The Delft, SE1 to global data, analytics, and AI software company Quantexa.
Ashmore AuM rises 10pc in H1
(Sharecast News) - Investment manager Ashmore Group posted a solid set of interim results on Thursday, with assets under management rising 10% to $52.5bn in the six months ended 31 December.
Morgan Sindall 2026 results to surpass expectations
(Sharecast News) - Morgan Sindall said on Thursday that its results for 2026 were set to be ahead of expectations thanks to a strong performance from its Fit Out division.
Alfa Financial Software taps Andrew Dickson for CFO
(Sharecast News) - Mission-critical software developer Alfa Financial Software said on Thursday that Andrew Dickson had been appointed to replace Duncan Magrath as chief financial officer.
Schroders to be taken over by US investment manager Nuveen in £9.9bn deal
(Sharecast News) - Schroders said on Thursday that it has agreed to be taken over by US investment manager Nuveen in a £9.9bn deal.
Mercedes-Benz profits slump on China, tariffs; Shares slide
(Sharecast News) - Shares in Mercedes-Benz fell on Thursday after the famous marque posted a sharp fall in annual earnings and warned of a tougher 2026 amid growing competition a from China and headwinds from US tariffs.
Relx sees strong earnings, sales growth in 2026 as profits jump 9%
(Sharecast News) - UK information group Relx on Thursday said it expected strong earnings and revenue growth in 2026 after a 9% rise in underlying operating profit last year.
British American Tobacco FY revenues edge lower, profits surge
(Sharecast News) - Tobacco giant British American Tobacco posted preliminary full-year results on Thursday, reporting a slight decline in reported revenue but modest growth at constant currency rates.
Unilever sees 2026 sales growth at bottom end of range
(Sharecast News) - Consumer goods giant Unilever said 2026 sales growth was expected to be at the bottom end of its underlying range of 4 - 6% reflecting slower market conditions.
Brunner Investment Trust lags benchmark after challenging 2025
(Sharecast News) - Brunner Investment Trust reiterated its confidence in its long-term strategy on Thursday after full-year results showed the trust underperformed benchmarks following a volatile period for investors in 2025.
Oxford Biomedica extends 'put up or shut up' deadline as EQT talks continue
(Sharecast News) - Oxford Biomedica said on Wednesday that the deadline for EQT to make a formal takeover bid has been extended amid ongoing preliminary discussions.
Pan African Resources says interim EPS set to surge
(Sharecast News) - Pan African Resources said on Wednesday that it expects interim earnings per share to surge as it benefits from the rally in the gold price and higher production of the yellow metal.
Synthomer confirms it's considering capital raise, shares crater
(Sharecast News) - Synthomer shares cratered on Wednesday after the chemicals company said it was considering a capital raise as it works with lenders to refinance existing debt facilities due in the second half of next year.
Lyft misses Q4 estimates as rider numbers underwhelm
(Sharecast News) - Shares in ride-hailing platform Lyft tanked on Wednesday after fourth-quarter financials and customer numbers disappointed investors, while 2026 profit guidance and a new $1bn share buyback underwhelmed.
Investors splash out more than $116bn on fintech - KPMG
(Sharecast News) - The global fintech market attracted more than $110bn in investments last year, a report showed on Wednesday.
Canaccord Genuity lowers target price on Flowtech Fluidpower
(Sharecast News) - Canaccord Genuity lowered its target price on industrial supplies firm Flowtech Fluidpower from 130p to 100p on Wednesday, even as it said the group was "unlocking European growth".
FCA unveils wave of new protections for BNPL consumers
(Sharecast News) - The UK financial regulator has said it wants the 'buy now pay later' market to "thrive", as it announced a wave of new protections for borrowers on Wednesday, including affordability checks and a compensation scheme.
Mony Group, Future selloff on AI worries overdone, says Berenberg
(Sharecast News) - Berenberg said on Wednesday that the selloff in shares of MoneySuperMarket parent Mony Group and GoCompare owner Future a day earlier was overdone.
Citi upgrades EasyJet to 'buy'
(Sharecast News) - Analysts at Citi upgraded budget carrier EasyJet to 'buy' on Wednesday, pointing to "an easing path on the horizon".
Thursday preview: UK GDP, Unilever results in focus
(Sharecast News) - Thursday sees the release of results from Relx, Ashmore, Unilever, Schroders and British American Tobacco, as well as the latest UK GDP figures.
Wealth managers slump after Altruist unveils new AI tax planning tool
(Sharecast News) - Wealth managers were under the cosh on Wednesday after US wealth platform and custodian Altruist unveiled a new AI tax planning tool.
Gerresheimer shares plunge as results delayed, financial probe widens
(Sharecast News) - Shares in German medical equipment maker Gerresheimer plunged on Wednesday - wiping more than a third off its value - after the company delayed its annual results and warned a probe into its accounts would impact earnings.
Interim profits slide at Gleeson, warns of uncertain outlook
(Sharecast News) - MJ Gleeson sounded a cautious note on Wednesday, prompting the share price to tumble, after interim profits slumped amid subdued market conditions.
Elliott said to have built 'significant' stake in LSEG, shares spark
(Sharecast News) - Shares of London Stock Exchange Group sparked on Wednesday following a report that activist hedge fund Elliott Management has built a "significant" stake in the company.
PZ Cussons lifts FY profit guidance after strong first half
(Sharecast News) - Imperial Leather maker PZ Cussons lifted its full-year profit guidance on Wednesday following a strong first-half performance.
JPMorgan upgrades Dunelm, says risk has shifted to upside
(Sharecast News) - JPMorgan upgraded homeware retailer Dunelm on Wednesday to 'overweight' from 'neutral' as it said the risk has shifted to the upside.
Renishaw sees strong FY as defence, semi-conductors drive profits
(Sharecast News) - UK engineering group Renishaw said it expected higher full-year revenue and profit growth despite a mixed market outlook after interim earnings jumped 11.5% on an adjusted basis boosted by strong contributions from the defence and semi-conductor sectors.
Barratt reiterates guidance despite 'subdued' market
(Sharecast News) - Barratt Redrow reiterated full-year guidance on Wednesday, despite subdued market conditions, following a "resilient" first half.
Vp resets expectations amid challenging trading environment
(Sharecast News) - Vp warned on Wednesday that a challenging macroeconomic backdrop had prompted a reset of expectations, as the specialist equipment rental group reported slower trading in the final quarter and cut its full-year profit outlook.
Saba makes third attempt to oust EWI board
(Sharecast News) - Saba Capital Management has renewed its efforts to oust the entire board of Edinburgh Worldwide Investment Trust following two unsuccessful attempts.
Paramount sweetens bid for Warner Bros
(Sharecast News) - Paramount has improved its $108bn bid for Warner Bros Discovery, offering a fee to shareholders as compensation if regulators delay completion of the deal.
Ferrari shares motor on guidance lift, 2025 profits
(Sharecast News) - Shares in Ferrari motored on Tuesday as the famous Italian sports car maker nudged up full-year revenue and earnings guidance on the back of demand for new models after a rise in 2025 profits while also naming its first ever electric model.
Pawnbroker Ramsdens lifts FY profit outlook, shares jump
(Sharecast News) - Ramsdens said on Tuesday that full-year profit was set to be ahead of current market expectations, sending shares in the pawnbroker higher.
Croda shares spark as JPMorgan reiterates 'overweight', hikes price target
(Sharecast News) - Croda shot to the top of the FTSE 100 on Tuesday after JPMorgan reiterated its 'overweight' rating on the shares and hiked the price target to 4,000p from 3,600p.
Wednesday preview: Barratt Redrow results, non-farm payrolls due
(Sharecast News) - On Wednesday, housebuilder Barratt Redrow and Imperial Leather maker PZ Cussons will release interim results, along with Renishaw and MJ Gleeson.
Berenberg hikes target price on S&U
(Sharecast News) - Analysts at Berenberg hiked their target price on motor and property lender S&U from 1,700p to 2,350p on Tuesday following the group's fourth-quarter trading update.
British American Tobacco extends Jobin's tenure as chair to 2028
(Sharecast News) - British American Tobacco said on Tuesday that it was extending Luc Jobin's tenure as chair for up to two years until April 2028 as it continues to look for a successor.
Mony Group, Future hit by AI disruption fears
(Sharecast News) - Shares in Mony Group, which trades as MoneySuperMarket, tumbled on Tuesday after US online insurance marketplace Insurify launched what it claimed is the insurance industry's first ChatGPT app.
Thule shares surge as Q4 results top estimates
(Sharecast News) - Shares in Thule jumped by more than a tenth on Tuesday after the Swedish transportation products group reported fourth-quarter results ahead of analysts' expectations.
Standard Chartered tumbles after surprise departure of CFO De Giorgi
(Sharecast News) - Standard Chartered tumbled on Tuesday as it announced the surprise departure of chief financial officer Diego De Giorgi, who is stepping down with immediate effect to join Apollo as a partner and head of EMEA.
TUI shares fall despite profit beat, resumed dividend payments
(Sharecast News) - Shares in TUI fell on Tuesday after the German holiday travel giant posted higher first-quarter earnings and resumed dividend payments as it but also reported lower passenger numbers.
Dunelm interim profits fall after softer Q2
(Sharecast News) - Homeware retailer Dunelm reported a drop in interim profit on Tuesday following softer trading in the second quarter, but backed its profit expectations for the year and said sales had picked up in the third quarter.
Coca-Cola HBC FY reported revenue up 7.9pc
(Sharecast News) - Consumer packaged goods business Coca‑Cola HBC reported solid full‑year growth on Tuesday, with revenue and organic volumes both advancing as it continued to execute on its strategic priorities.
BT names Katie Milligan to head Openreach unit
(Sharecast News) - BT on Tuesday appointed Katie Milligan to lead its Openreach broadband infrastructure business.
BP suspends share buybacks
(Sharecast News) - BP Group has halted share buybacks, the oil major confirmed on Tuesday, as it looks to bolster its balance sheet amid falling oil prices.
Annual sales, profits jump at AstraZeneca
(Sharecast News) - AstraZeneca posted a spike in full-year revenues and earnings on Tuesday, boosted by strong demand for its cancer drugs, and forecast further growth in the current year.
Barclays lifts targets as annual earnings jump, adds £1bn buyback
(Sharecast News) - UK bank Barclays on Tuesday lifted performance targets after annual profits jumped 13% as it also unveiled a new £1bn buyback and planned to return £15bn to investors over the next two years.
Bellway posts 'robust' H1 as completions rise despite subdued autumn trading
(Sharecast News) - Housebuilder Bellway said on Tuesday that despite "subdued trading" through autumn, it had delivered a "robust" first half performance, with total housing completions growing 2.7% to 4,702.
Eurocell CEO steps down with immediate effect
(Sharecast News) - London-listed door and window manufacturer Eurocell has announced the abrupt exit of chief executive Darren Waters after three years in the role.
Jefferies upgrades Dunelm to 'buy', says recent de-rating was overdone
(Sharecast News) - Jefferies upgraded Dunelm on Monday to 'buy' from 'hold' as it said the recent de-rating was overdone.
Quantum Helium de-risks Sagebrush production tests with new data
(Sharecast News) - AIM-listed Quantum Helium has revealed that a seismic review at its Sagebrush Helium Project in Colorado has materially de-risked the planned extended production test at the first well.
JP Morgan raises target price on GSK
(Sharecast News) - Analysts at JP Morgan raised their target price on drugmaker GSK to £22.50 on Monday on improving investor perception.
Kroger appoints former Walmart executive Greg Foran as CEO
(Sharecast News) - US supermarket retailer Kroger said on Monday that it has appointed former Walmart executive Greg Foran as chief executive officer with immediate effect.
Meta faces EU action over AI rival block on WhatsApp
(Sharecast News) - The European Union on Monday threatened to impose interim measures on Meta Platforms over the tech giant's blocking of rival artificial intelligence chatbots on its WhatsApp messaging service.
Wynnstay posts jump in adjusted profits despite lower revenues
(Sharecast News) - Shares in agricultural supplies and services group Wynnstay dipped on Monday after full-year results from the company met recently upgraded market expectations, with adjusted profits growing by more than a fifth despite a dip in revenues.
Tuesday preview: BP, AstraZeneca and Barclays in the spotlight
(Sharecast News) - Tuesday will see the release of results from BP, AstraZeneca, Barclays and Dunelm.
EnQuest secures four-year extension to the Block 12W PSC
(Sharecast News) - Energy firm EnQuest has secured a four-year extension to the Block 12W production sharing contract, awarded by PetroVietnam.
TBC Bank taps George Tkhelidze to lead Georgian unit
(Sharecast News) - TBC Bank revealed on Monday that it had made changes to the executive management team of its Georgian banking subsidiary, JSC TBC Bank.
Plus500 lifts outlook for 2026 after better-than-expected 2025
(Sharecast News) - Plus500 said on Monday that it its FY 2026 performance was set to be ahead of market expectations following a better-than-expected performance in 2025, as it announced "significant" shareholder returns.
InPost shares surge after €7.8bn Advent, FedEx takeover
(Sharecast News) - A consortium of Advent and FedEx has agreed a €7.8bn deal to buy InPost, the companies said, sending shares in the Polish parcel locker company soaring on Monday.
Ocado to cut up to 1,000 jobs - report
(Sharecast News) - Supermarket technology group Ocado is reportedly planning to cut up to 1,000 jobs, or 5% of its global headcount, as part of a renewed cost-cutting drive after a bruising year for its automated warehouse business.
Ocado to cut up to 1,000 jobs - report
(Sharecast News) - Supermarket technology group Ocado is reportedly planning to cut up to 1,000 jobs, or 5% of its global headcount, as part of a renewed cost-cutting drive after a bruising year for its automated warehouse business.
Centrica offloads Italian, Dutch and Hungarian energy solutions businesses
(Sharecast News) - Energy and services firm Centrica said on Monday that it has completed the disposal of a number of non-core energy solutions businesses.
Jefferies cites weight-loss drugs as it downgrades Greggs; shares slide
(Sharecast News) - Greggs shares slid on Monday after Jefferies downgraded the stock to 'hold' from 'buy' and slashed the price target to 1,610p from 2,500p as it said weight-loss jabs could dent demand for the bakery chain's products.
Vodafone Egypt secures new spectrum under multi‑year investment plan
(Sharecast News) - Telecommunications giant Vodafone said on Monday that its African subsidiary, Vodacom Group, had confirmed Vodafone Egypt's participation in a multi‑year investment programme led by Egypt's Ministry of Communications and Information Technology and the National Telecommunications Regulatory Authority.
Porvair reports record year despite mixed market conditions
(Sharecast News) - Porvair reported record results for the year ended 30 November on Monday, with earnings and margins ahead of expectations despite mixed conditions across its end markets.
NatWest to buy Evelyn partners in £2.7bn deal, shares fall
(Sharecast News) - NatWest shares fell on Monday after the bank said it had agreed to buy UK wealth manager Evelyn Partners from funds advised by Permira and Warburg Pincus for £2.7bn including debt and launching a new £750m share buyback.
Morrisons said to be exploring £1bn property deal
(Sharecast News) - Supermarket chain Morrisons is reportedly exploring a £1bn property deal as it looks to recapture the ground it has lost to rivals including Sainsbury's and Aldi.
Shares slide as Metlen warns on earnings
(Sharecast News) - Shares in Metlen Energy & Metals tumbled on Friday, after the blue chip warned earnings would significantly undershoot guidance.
Goldman Sachs working with Anthropic to automate accounting, compliance roles
(Sharecast News) - Goldman Sachs has been working with AI startup Anthropic to create AI agents to automate a growing number of roles within the bank.
Ebiquity taps David Muldoon for new marketing transformation role
(Sharecast News) - Ebiquity announced the appointment of David Muldoon as global managing director of marketing transformation with immediate effect on Friday, as the company expanded its advisory capabilities for large enterprise clients.
Shore starts coverage of Capita at 'buy'
(Sharecast News) - Shore Capital initiated coverage of Capita on Friday with 'buy' rating as it said the company's ambition and strategy to return to growth and ultimately positive cash flows offer an opportunity from normalising the group's profile.
TSB FY profits jump ahead of Santander takeover
(Sharecast News) - High street lender TSB posted a jump in full-year profits on Friday ahead of its takeover by Santander, driven by higher income and lower costs.
Kongsberg shares surge after Q4 profit beat
(Sharecast News) - Shares in Kongsberg Gruppen surged on Friday after the Norwegian defence contractor reported better-than-expected operating profits in the fourth quarter.
Berenberg raises target price on IWG
(Sharecast News) - Analysts at Berenberg hiked their target price on serviced offices and coworking business International Workspace Group from 270p to 350p on Friday, stating that the firm was building a track record in delivery and accelerating its capital-light transition.
EU gives GSK's Nucala green light for use in uncontrolled COPD
(Sharecast News) - Drugmaker GSK said on Friday that the European Commission has approved Nucala (mepolizumab) as an add‑on maintenance treatment for adults with uncontrolled COPD characterised by elevated blood eosinophils.
Derwent London offloads office property for £32.6m
(Sharecast News) - Derwent London said it had exchanged contracts to sell an office and retail property on London's Tottenham Court Road for £32.6m to a joint venture between Purestone Capital and BPS London.
Victrex hit by softer Q1 trading as revenues, volumes slip
(Sharecast News) - High-performance polymers business Victrex reported a softer start to the year on Friday, with first‑quarter revenues and volumes declining as strength in its energy and industrials unit was offset by weaker trading in its transport, VARs and medical division.
Rio Tinto and Glencore abandon merger talks
(Sharecast News) - Rio Tinto said on Thursday that it has abandoned merger talks with Glencore after they failed to reach an agreement "that would deliver value to its shareholders".
Software firm Visma may delay plans for London listing - report
(Sharecast News) - Private equity-backed software firm Visma may reportedly delay plans for a London listing following the recent selloff in the sector.
Future flags trading 'broadly' in line with expectations
(Sharecast News) - Future said on Thursday trading in the first four months of its financial year was broadly in line with expectations, leaving the group on track to meet full-year forecasts, with performance again weighted to the second half.
Berenberg lowers Fresnillo to 'hold', raises target price
(Sharecast News) - Analysts at Berenberg downgraded leading silver producer Fresnillo to 'hold' from 'buy' after "a stellar run" in its share price.
Citi downgrades Babcock to 'neutral' from 'buy'
(Sharecast News) - Citi downgraded Babcock on Thursday to 'neutral' from 'buy' as it increased its price target and said the company's medium-term guidance is conservative.
Friday preview: SocGen results in focus
(Sharecast News) - There are no major FTSE 350 corporate releases due on Friday, but Societe Generale's latest results will be in focus.
JTC delivers 'resilient performance' in FY25, posts record new business wins
(Sharecast News) - Professional services firm JTC said on Thursday that it had delivered "a resilient performance" in 2025, with record new business wins and balanced growth across both its Institutional Capital Services and Private Capital Services divisions.
Playtech lifts FY profit outlook after strong second half
(Sharecast News) - Playtech said on Thursday that full-year profit was set to be "significantly" above consensus expectations following a strong second half.
Ithaca Energy posts strong FY operational performance
(Sharecast News) - Independent production and growth company Ithaca Energy posted a strong operational performance for 2025 on Thursday, with average production hitting 119,000 barrels of oil per day, in-line with previously upgraded guidance.
Compass backs FY outlook as Q1 organic revenue jumps 7.3%
(Sharecast News) - Compass Group backed its full-year guidance on Thursday as it hailed a strong start to the year, with both regions and all sectors performing well.
Compass backs FY outlook as Q1 organic revenue jumps 7.3%
(Sharecast News) - Compass Group backed its full-year guidance on Thursday as it hailed a strong start to the year, with both regions and all sectors performing well.
C&C taps Adam Phillips for CFO
(Sharecast News) - Drinksmaker C&C Group announced on Thursday that Adam Phillips has been appointed as chief financial officer following "a thorough independent search and selection process".
Anglo American cuts 2026 copper output forecast
(Sharecast News) - Anglo American on Thursday ‍cut 2026 copper production forecasts after a 10% ‍decline in output last year.
Vodafone shares slip on weak German growth despite guidance hold
(Sharecast News) - Telecoms operator Vodafone said it expected full year earnings to be at the upper end of forecasts after a strong third quarter, supported by top line growth in Germany and Turkey, although investors seemed unimpressed, marking shares in the company lower.
BT hit by softer service and handset sales as Q3 revenue, profit decline
(Sharecast News) - Telecommunications giant BT said on Thursday that third‑quarter revenue and pre-tax profits had fallen year-on-year, as lower service and handset sales and recent disposals weighed on the top line.
Earnings slide at Shell as oil price weakens
(Sharecast News) - Oil major Shell posted a slide in quarterly earnings on Thursday, after lower prices and a rise in operating expenses weighed heavily.
Brookfield not planning to make an offer for Hikma Pharmaceuticals
(Sharecast News) - Brookfield confirmed on Wednesday that it does not plan on making an offer for Hikma Pharmaceuticals.
Barclays, NatWest to submit formal offers for Evelyn Partners - report
(Sharecast News) - Barclays and NatWest are reportedly set to submit formal offers for wealth manager Evelyn Partners on Thursday.
Shell CEO Sawan set to earn £4.5m more a year - report
(Sharecast News) - Oil giant Shell is reportedly close to unveiling a revamped boardroom pay policy which would see chief executive Wael Sawan handed a multimillion-pound annual pay incentive.
Entain shares spark as JV BetMGM beats expectations in 2025
(Sharecast News) - Entain shares sparked on Wednesday after it said that BetMGM, its joint venture with MGM Resorts, performed ahead of expectations in 2025.
Berenberg lowers target price on Next 15
(Sharecast News) - Berenberg lowered its target price on marketing conglomerate Next 15 from 580p to 510p on Wednesday following the group's capital markets day on 28 January, which it said provided clarity on the strategic direction of the business under its new management team.
JPMorgan upgrades Berkeley Group to 'overweight', shares rise
(Sharecast News) - Housebuilder Berkeley Group got a boost on Wednesday after JPMorgan lifted the stock to 'overweight' from 'neutral' and hiked the price target to 5,000p from 4,700p.
Thursday preview: BoE, ECB to stand pat; Vodafone, Shell updates in focus
(Sharecast News) - All eyes will be on policy announcements from the Bank of England and the European Central Bank on Thursday, with both expected to stand pat on rates.
Canaccord Genuity lowers Antofagasta to 'hold'
(Sharecast News) - Analysts at Canaccord Genuity downgraded copper miner Antofagasta from 'buy' to 'hold' on Wednesday but hiked their target price on the stock from 3,165p to 4,100p, stating they now see "more limited upside" than they had in 2025.
Watches of Switzerland lifts FY sales outlook but shares slump on margin guidance
(Sharecast News) - Watches of Switzerland lifted its full-year sales outlook on Wednesday following strong trading in the third quarter, but shares slumped after the retailer cut margin guidance.
Oxford Biomedica signs expanded CAR‑T supply pact with Bristol Myers Squibb
(Sharecast News) - Gene and cell therapy company Oxford Biomedica said on Wednesday that it has expanded its strategic partnership with Bristol Myers Squibb, inking a new commercial supply agreement for the manufacture and supply of lentiviral vectors for BMS' CAR-T programmes.
Carlsberg beats forecasts but widens outlook amid falling demand
(Sharecast News) - Carlsberg reported better-than-expected annual profits on Wednesday but widened guidance for the current year as the alcoholic drinks industry wrestles with falling demand from health and cost-conscious consumers.
Grainger sees solid start to year as demand for rental homes rises
(Sharecast News) - Rental homes provider Grainger said on Wednesday that trading had remained robust in the four months ended 31 January, with rental growth and occupancy continuing to perform well.
Zurich and Beazley agree terms of £8bn takeover
(Sharecast News) - Beazley shares hit a record high on Wednesday after it reached an agreement in principle on the terms of an £8bn takeover by Zurich Insurance.
SSE forecasts dip in earnings, investment plans on track
(Sharecast News) - SSE forecast a dip in annual earnings on Wednesday, as mixed weather conditions offset an otherwise robust operational performance.

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