News Archive
FTSE 250 movers: Consumer-facing stocks jump, oil producers track crude lower
27th May 2026 17:07
(Sharecast News) - The FTSE 250 was being propped up on Wednesday by strong gains in consumer-facing sectors like retail, apparel and travel, partly offset by heavy falls from energy stocks as oil prices dropped.
Read moreLondon close: Stocks manage gains on fresh hopes for Hormuz
27th May 2026 16:54
(Sharecast News) - London stocks finished a choppy session higher on Wednesday, with retailers pacing the advance and oil prices falling below $100 a barrel as investors continued to assess developments in the Middle East conflict.
Read moreFormer BP chair Manifold considering legal action over dismissal - report
27th May 2026 16:29
(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".
Read moreEurope close: Stocks inch higher as oil prices slump, but uncertainty remains
27th May 2026 15:43
(Sharecast News) - European stocks mostly advanced on Wednesday as oil prices dropped, though gains were trimmed by the close of play following a cautious start on Wall Street, as investors continued to watch developments in the Middle East.
Read moreRichmond Fed's manufacturing index improves in May
27th May 2026 15:03
(Sharecast News) - The Richmond Federal Reserve's manufacturing index increased to 13 points in May, up from a reading of 3 in April, as all three of its component indices rose.
Read moreFTSE 100 movers: Retailers rally, oil giants gush lower
27th May 2026 14:21
(Sharecast News) - London's FTSE 100 was flat at 10,487.29 in afternoon trade on Wednesday.
Read moreUS open: Stocks trade higher amid chip momentum, easing Iran tensions
27th May 2026 13:58
(Sharecast News) - Major indices were in the green early on Wednesday as a tech‑led rally continued and falling oil prices lifted sentiment amid hopes for progress in talks with Iran.
Read moreBroker tips: Tate & Lyle, IQE, Cranswick
27th May 2026 13:57
(Sharecast News) - Berenberg hiked its target price on food and beverage products supplier Tate & Lyle from 464p to 554p on Wednesday as it said the group had delivered "strategic momentum amid offer uncertainty".
Read moreFlying Tiger snapped up by TG Jones owner Modella Capital
27th May 2026 13:51
(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.
Read moreOil prices slump on report Iran could restore Hormuz traffic within a month
27th May 2026 13:38
(Sharecast News) - Oil prices slid further on Wednesday afternoon following a report that Iran is committed to restoring the number of commercial transit ships through the Strait of Hormuz to pre-war levels within a month.
Read moreHardide lifts FY outlook on the back of £2.4m contract
27th May 2026 13:25
(Sharecast News) - Hardide surged on Wednesday as it lifted its full-year outlook after receiving orders from its large North American energy sector customer to cover the remainder of the client's expected requirements for the course of the year.
Read moreDick's Sporting Goods sales jump, costs weigh on earnings and guidance
27th May 2026 12:47
(Sharecast News) - Dick's Sporting Goods reported a sharp rise in first-quarter sales on Wednesday after the addition of Foot Locker, but shares dipped as acquisition and turnaround costs weighed on earnings and the retailer lowered its full-year GAAP profit guidance.
Read moreSynergia completes four legacy well workovers at Cambay
27th May 2026 12:43
(Sharecast News) - Synergia Energy said on Wednesday that four legacy well workovers had been completed at the Cambay production sharing contract in India, where the company holds a 50% working interest.
Read moreFirering increases stake in Limeco Resources
27th May 2026 12:39
(Sharecast News) - Firering Strategic Minerals said on Wednesday that it had increased its stake in Limeco Resources to 41.7% after exercising the fourth tranche of its option, as the Zambian quicklime producer reached operational breakeven and continued to ramp up production.
Read moreDeltic Energy receives $1m Selene payment from Dana
27th May 2026 12:36
(Sharecast News) - Deltic Energy said on Wednesday that it had received a $1.0m payment from Dana Petroleum relating to costs incurred under the Selene farm-out agreement.
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