News Archive

London close: Stocks fall for second day amid Middle East, political uncertainty

29th Jun 2026 15:50

(Sharecast News) - UK stocks ended a choppy day slightly lower as investors assessed fresh geopolitical developments in the Middle East and comments from Andy Burnham, Labour's frontrunner to be the new prime minister.

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Rocket Lab to buy Iridium in $8bn deal

29th Jun 2026 15:47

(Sharecast News) - Rocket Lab said on Monday that it has agreed to buy satellite communications provider Iridium in a $8bn cash and stock deal.

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Royal Navy to replace ageing destroyers with hybrid warships

29th Jun 2026 15:44

(Sharecast News) - The Royal Navy is to acquire at least six hybrid warships, the government confirmed on Monday, as it looks to replace its fleet of Type 45 destroyers.

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Tuesday preview: Sainsbury's update, UK GDP in focus

29th Jun 2026 15:25

(Sharecast News) - On Tuesday, supermarket chain Sainsbury's will release a first-quarter trading statement, while Nike will report quarterly numbers in the US.

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US open: Stocks higher amid tech gains, easing Middle East tensions

29th Jun 2026 14:56

(Sharecast News) - Major indices traded higher at the open on Monday, with technology shares rebounding after a difficult week, while investors monitored a pause in hostilities between the US and Iran that left questions over the durability of the agreement and the outlook for Middle East oil supplies.

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Director dealings: Genus non-executive director snaps up 2,336 shares

29th Jun 2026 14:47

(Sharecast News) - Genus revealed on Monday that non-executive director Celia Baxter had acquired 2,336 ordinary shares in the FTSE 250-listed biotech firm.

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FTSE 250 movers: Bridgepoint surges on US buy; Housebuilders fall

29th Jun 2026 14:46

(Sharecast News) - FTSE 250 (MCX) 23,143.46 -0.02%

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Broker tips: Smiths News, Solid State

29th Jun 2026 14:39

(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.

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Solid State revenues up 23pc in FY26

29th Jun 2026 14:36

(Sharecast News) - Electronic components manufacturer Solid State reported a strong set of FY26 results on Monday, with the firm's performance underpinned by continued demand from the defence and security sector, which accounted for around 47% of group revenue.

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Europe close: Stocks muted as US and Iran agree fresh stand-down

29th Jun 2026 14:36

(Sharecast News) - European markets were cautious on Monday after the US and Iran agreed to stand down following tit-for-tat missile strikes over the weekend.

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Solid State reports strong full-year growth

29th Jun 2026 14:32

(Sharecast News) - Solid State reported strong full-year growth on Monday, with revenue up 23.2% to £154.1m and adjusted pre-tax profit rising 72.0% to £8.6m, driven by defence and security demand, AI-related data centre activity and improved performance across all three divisions.

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Nativo Resources advancing Tesoro gold concession

29th Jun 2026 14:30

(Sharecast News) - Nativo Resources said on Monday that it was advancing its Tesoro gold concession in southern Peru after extracting and stockpiling about 46 tonnes of mineralised vein material during recent underground development work.

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Wynnstay adjusted pre-tax profit up almost 12pc in first half

29th Jun 2026 14:27

(Sharecast News) - Wynnstay said on Monday that first-half adjusted pre-tax profit rose 11.7% to £6.0m as its Project Genesis efficiency programme helped offset challenging agricultural markets and inflationary pressure.

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Arcontech secures three-year, £0.8m contract

29th Jun 2026 14:21

(Sharecast News) - Arcontech said on Monday that it had secured a three-year contract worth about £800,000 with a major European bank for its CityVision real-time market data platform.

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Autins reports first annual profit since 2017

29th Jun 2026 14:18

(Sharecast News) - Autins Group reported its first annual profit since 2017 on Monday, with revenue of £17.6m for the year ended 31 March and adjusted EBITDA rising to £2.4m, while gross margin before non-underlying items improved to 36.2% from 32.1% on the comparable 12-month basis.

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