News Archive

US close: S&P 500, Nasdaq sink to five-week low on inflation, geopolitical fears

10th Jun 2026 22:52

(Sharecast News) - US stocks plummeted on Wednesday, with the Dow and Nasdaq falling nearly 2% apiece, as heightened geopolitical conflict in the Middle East and concerns about rising inflationary pressures hammered risk appetite.

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Frasers launches €1.98bn takeover offer for Hugo Boss

10th Jun 2026 17:30

(Sharecast News) - Mike Ashley's Frasers Group said on Wednesday that it was launching a €1.98bn (£1.73bn) takeover offer for Hugo Boss.

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Thursday preview: ECB announcement, Halma results in focus

10th Jun 2026 17:26

(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.

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Europe close: Stocks slightly weaker as oil prices rise

10th Jun 2026 15:17

(Sharecast News) - European shares closed slightly lower on Wednesday after the US and Iran exchanged missile fire overnight, while investors parsed fresh US inflation data and another sell-off in artificial intelligence-linked stocks.

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US open: Markets slip as Middle East tensions flare, CPI jumps above 4pc

10th Jun 2026 14:50

(Sharecast News) - Wall Street stocks were in the red early on Wednesday after Washington carried out what it described as "self‑defence strikes" against Iran, heightening tensions in the region and threatening progress toward a potential peace deal, and May's consumer price index report saw inflation surpass the 4% threshold for the first time in three years.

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FTSE 100 movers: DCC gains on improved takeover proposal; software stocks fall

10th Jun 2026 14:26

(Sharecast News) - London's FTSE 100 was up 0.1% at 10,237.47 in afternoon trade on Wednesday.

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Blue Concept not planning to bid for Deltic Energy

10th Jun 2026 14:25

(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.

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FTSE 250 movers: WH Smith tanks; Tritax Big Box jumps

10th Jun 2026 14:19

(Sharecast News) - FTSE 250 (MCX) 22,945.78 0.47%

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Time Out enters long-term franchise deal in Australia

10th Jun 2026 14:12

(Sharecast News) - Time Out Group said on Wednesday that it had entered into a long-term franchise agreement with Vinyl Group for Time Out Australia, as part of the transition of its Australian media operations to the ASX-listed media business.

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Broker tips: DCC, Pagegroup, Hays

10th Jun 2026 13:57

(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.

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Director dealings: Greencore chair snaps up shares

10th Jun 2026 13:57

(Sharecast News) - Greencore revealed on Wednesday that non-executive chair Leslie Van de Walle had acquired 125,000 ordinary shares in the FTSE 250-listed food company.

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Fulcrum Metals subsidiary signs pilot plant deal with TDIS

10th Jun 2026 12:55

(Sharecast News) - Fulcrum Metals said on Wednesday that its wholly-owned subsidiary Fulcrum EnviroTech had signed a contract with Test Design Implement Solutions to deploy and operate a standalone pilot plant in Ontario, Canada, as it advances its Teck-Hughes mine waste recovery project towards commercialisation.

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US inflation accelerates in May, headline CPI moves above 4pc threshold

10th Jun 2026 12:53

(Sharecast News) - US inflation accelerated in May, according to the Bureau of Labor Statistics, with headline CPI rising 0.5% on the month and 4.2% over the year.

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Motorpoint continues to outperform the market as FY profit, revenue rise

10th Jun 2026 12:50

(Sharecast News) - Motorpoint reported a jump in full-year profit and revenue on Wednesday as it continues to outperform the wider used car market.

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Power Probe reports encouraging start to 2026 trading

10th Jun 2026 12:50

(Sharecast News) - Power Probe said on Wednesday that trading in 2026 had started encouragingly and remained in line with management expectations, as the automotive diagnostics tool maker prepared to hold its first annual general meeting as a listed company.

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