News Archive
London close: Stocks slump as US-Iran peace deal hopes fade
7th May 2026 17:10
(Sharecast News) - UK stocks fell sharply on Thursday as investors took profits following the recent rally, as optimism regarding a potential US-Iran peace deal began to fade.
Read moreEurope close: Stocks slide alongside oil prices
7th May 2026 17:08
(Sharecast News) - European shares closed lower on Thursday as investors reassessed hopes for a peace deal between Iran and the US, after conflicting messages from Tehran and Washington tempered the previous session's optimism.
Read moreKitchenAid maker Whirlpool warns of 'recession-level' industry decline
7th May 2026 15:58
(Sharecast News) - Shares in Whirlpool Corp dropped on Wall Street on Thursday after the American home appliances group slashed its earnings guidance almost in half and stepped up cost-saving and pricing actions amid a sinking of consumer confidence.
Read moreFTSE 250 movers: Helios Towers surges on results; Clarksons slips
7th May 2026 14:45
(Sharecast News) - FTSE 250 (MCX) 22,955.56 0.54%
Read moreBroker tips: Strix, Helios Towers
7th May 2026 14:43
(Sharecast News) - Stifel resumed coverage of Strix on Thursday with a 'buy' rating and a 54p target price, stating the kettle‑controls specialist had stabilised after a difficult period and was now showing early signs of recovery, helped by improving volumes, cost savings and the completion of its recent tender offer.
Read moreFTSE 100 movers: Flutter slumps after results; JD Sports surges
7th May 2026 14:41
(Sharecast News) - London's FTSE 100 was down 1.3% at 10,300.82 in afternoon trade on Thursday.
Read moreEarnings slide at Maersk as Iran war clouds outlook
7th May 2026 14:33
(Sharecast News) - AP Moller-Maersk posted a sharp deterioration in quarterly earnings on Thursday, and warned of a "highly uncertain" outlook for global container demand on the back of war in the Middle East.
Read moreStifel resumes coverage on Strix at 'buy'
7th May 2026 14:30
(Sharecast News) - Stifel resumed coverage of Strix on Thursday with a 'buy' rating and a 54p target price, stating the kettle‑controls specialist had stabilised after a difficult period and was now showing early signs of recovery, helped by improving volumes, cost savings and the completion of its recent tender offer.
Read moreUS open: Stocks mixed as Iran talks, earnings updates dominate
7th May 2026 14:25
(Sharecast News) - Major indices were mixed early on Thursday as markets paused following yesterday's rally, with geopolitical developments and fresh earnings updates in focus.
Read morePeloton nudges up full-year guidance, shares spark
7th May 2026 14:19
(Sharecast News) - Shares of Peloton Interactive shot higher on Thursday after the company nudged up its full-year guidance.
Read moreNext 15 revenue, profit falls amid Mach49 dispute
7th May 2026 14:17
(Sharecast News) - Next 15 Group reported lower annual revenue and profit after what it described as a year of decisive restructuring on Thursday, as the marketing and consultancy group simplified its portfolio and said early trading in the new financial year was encouraging.
Read moreUS labour productivity misses forecasts, unit labour costs rise 2.3pc
7th May 2026 14:07
(Sharecast News) - US labour productivity rose at a slower pace in the first quarter, according to preliminary figures from the Bureau of Labor Statistics, with non‑farm business sector productivity increasing 0.8% on an annualised basis, down from a revised 1.6% gain in the final quarter of 2025 and short of the 1.4% expected by economists.
Read moreLanxess shares drop as Q1 revenues decline
7th May 2026 14:01
(Sharecast News) - Shares in German chemicals company Lanxess tanked on Thursday after first-quarter results revealed sharp declines in revenues and profits amid a "persistently challenging" environment.
Read moreDirector dealings: Chrysalis Investments director purchases shares
7th May 2026 13:48
(Sharecast News) - Chrysalis Investments revealed on Thursday that non-executive director Samuel Dobyn had acquired 61,027 ordinary shares in the FTSE 250-listed investment trust.
Read moreUS initial jobless claims rise to 200,000
7th May 2026 13:35
(Sharecast News) - Americans lined up for unemployment benefits at an accelerated pace in the week ended 2 May, according to the Labor Department, after hitting a 57-year low a week earlier.
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