News Archive

US close: Stocks higher as weak payrolls cool September rate‑hike fears

7th Aug 2026 22:36

(Sharecast News) - Major indices closed higher on Friday as a much weaker-than-expected non-farm payrolls report made a September rate hike from the Federal Reserve unlikely.

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Harworth rejects £582.9m takeover bid from Peel Group

7th Aug 2026 15:54

(Sharecast News) - Harworth said on Friday that it had rejected a £582.9m takeover bid from Peel Group.

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Director dealings: Next CEO sells shares after guidance upgrade

7th Aug 2026 14:39

(Sharecast News) - Next chief executive Simon Wolfson, also known as Lord Wolfson of Aspley Guise, sold 20,272 shares in the retailer at 15,688.57p each for just over £3.1m.

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Europe close: Stocks edge higher as weak US jobs data tempers Fed fears

7th Aug 2026 13:34

(Sharecast News) - European stocks closed higher after hitting a fresh intra-day record on Friday as investors digested a sharply weaker US jobs report and kept a close eye on tensions around the Strait of Hormuz.

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Week ahead: IHG and Antofagasta results due; US CPI in focus

7th Aug 2026 13:25

(Sharecast News) - Next week will see the release of results from the likes of InterContinental Hotels and Antofagasta, while on the macro front, the latest UK GDP figures will be eyed.

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FTSE 250 movers: Miners shine; Oxford Biomedica tanks

7th Aug 2026 13:08

(Sharecast News) - FTSE 250 (MCX) 24,816.58 0.49%

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RBC Capital starts coverage of Pan African Resources at 'outperform'

7th Aug 2026 12:17

(Sharecast News) - RBC Capital Markets initiated coverage of mid-tier gold producer Pan African Resources on Friday with an 'outperform' rating and 155p price target.

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FTSE 100 movers: Fresnillo shines on precious metals prices

7th Aug 2026 12:16

(Sharecast News) - FTSE 100 (UKX) 10,948.29 0.74%

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Non-farm payrolls unexpectedly drop in July, unemployment rate dips

7th Aug 2026 12:00

(Sharecast News) - The US economy unexpectedly shed jobs in July, according to data released on Friday by the Bureau of Labor Statistics, making a September rate hike by the Federal Reserve unlikely.

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US open: Stocks up as weak payrolls report makes September hike unlikely

7th Aug 2026 11:59

(Sharecast News) - US stocks rose in early trade on Friday as a much weaker-than-expected non-farm payrolls report made a September rate hike from the Federal Reserve unlikely.

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Broker tips: EasyJet, Next, Pan African Resources

7th Aug 2026 11:44

(Sharecast News) - JPMorgan upgraded easyJet on Friday to 'neutral' from 'underweight' as it hiked the priced target to 715p from 360p to bring it in line with the agreed takeover price by Apollo.

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Europe midday: Stoxx hits fresh record ahead of US jobs data

7th Aug 2026 10:29

(Sharecast News) - European shares hit another intra-day high, while oil prices edged lower on Friday as traders awaited US jobs data and assessed moves by Iran to further hinder shipping through the Strait of Hormuz.

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London midday: FTSE extends gains as oil eases; payrolls in focus

7th Aug 2026 10:29

(Sharecast News) - London stocks had extended gains by midday on Friday as oil prices eased back despite concerns over Iran's terms for a potential reopening of the Strait of Hormuz, as investors eyed the latest US non-farm payrolls report.

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Deutsche Bank lifts Next price target after results

7th Aug 2026 10:11

(Sharecast News) - Deutsche Bank lifted its price target on Next on Friday to 16,000p from 14,000p after the retailer upped its profit guidance again earlier in the week.

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US pre-open: Stocks to rise ahead of non-farm payrolls

7th Aug 2026 09:41

(Sharecast News) - US futures pointed to a mostly higher open on Wall Street on Friday as investors eyed the release of the latest non-farm payrolls report.

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