News Archive

London close: Stocks rise despite oil price rally as banks gain

17th Mar 2026 16:17

(Sharecast News) - London's FTSE 100 pushed higher for the second day on Tuesday, along with European and US markets, despite another rise in oil prices, with gains in the heavyweight banking sector providing a lift.

Read more

Six Flags should be put up for sale, says activist investor

17th Mar 2026 15:44

(Sharecast News) - Investment management firm and activist investor Jana Partners has called for American theme park operator Six Flags Entertainment to be put up for sale, according to a Reuters report on Tuesday.

Read more

Impax Environmental Markets launches exit tender after clash with Saba

17th Mar 2026 15:24

(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.

Read more

Rasberry Pi surges as Hedgeye goes long

17th Mar 2026 14:49

(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.

Read more

Berenberg raises target price on Property Franchise Group

17th Mar 2026 14:34

(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".

Read more

Broker tips: Zotefoams, The Property Franchise Group

17th Mar 2026 14:33

(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.

Read more

US open: Stocks higher as oil climbs, geopolitical tensions remain in focus

17th Mar 2026 14:27

(Sharecast News) - Major indices were in the green early on Tuesday, even as oil prices resumed their upward march.

Read more

FTSE 250 movers: Raspberry Pi, Trustpilot surge; Close Bros slides

17th Mar 2026 14:15

(Sharecast News) - FTSE 250 (MCX) 22,297.72 1.25%

Read more

FTSE 100 movers: Banks, BT Group in the black

17th Mar 2026 14:00

(Sharecast News) - London's FTSE 100 was 1% higher at 10,418.46 in afternoon trade on Tuesday.

Read more

Mastercard expands into digital assets space with BVNK acquisition

17th Mar 2026 13:57

(Sharecast News) - Payments giant Mastercard has announced the $1.8bn acquisition of stablecoin infrastructure firm BVNK, which the firm says will enable it to address new use cases with stablecoins, tokenised deposits and tokenised assets.

Read more

Amazon introduces one-hour deliveries in "hundreds" of US locations

17th Mar 2026 12:55

(Sharecast News) - Ecommerce giant Amazon has announced that it is introducing a new one-hour delivery option, seven days a week across "hundreds" of cities and towns across America.

Read more

Midwich confident despite decline in full-year earnings

17th Mar 2026 12:40

(Sharecast News) - Midwich Group reported a decline in full-year earnings for 2025 on Tuesday, amid challenging market conditions, although the audio-visual distributor returned to revenue growth in the second half and maintained record gross margins.

Read more

Essentra buoyant for coming year, shares spark

17th Mar 2026 12:17

(Sharecast News) - Essentra confirmed full-year guidance on Tuesday, despite a slide in annual profits, sending shares in the components manufacturer sharply higher.

Read more

Director dealings: Ocado's Rausing snaps up another £3.6m in shares

17th Mar 2026 12:14

(Sharecast News) - Ocado revealed on Tuesday that non-executive director Jorn Rausing had acquired 1.78m ordinary shares in the FTSE 250-listed grocery software technology business.

Read more

Europe midday: Markets rally despite oil hitting $100

17th Mar 2026 11:58

(Sharecast News) - European shares rallied on Tuesday as volatile oil prices jumped above $100 again after Iran hit oil and gas facilities for the first time since the US and Israel started their war on Tehran.

Read more