News Archive
RBC Capital Markets downgrades Wizz Air to 'underperform'
10th Jul 2026 10:04
(Sharecast News) - RBC Capital Markets downgraded Wizz Air on Friday to 'underperform' from 'sector perform' as it argued that "poor earnings quality may weigh on a hockey stick recovery".
Read moreUK business confidence drops to lowest since early 2025
10th Jul 2026 09:13
(Sharecast News) - Business confidence across the UK dropped to its lowest level in over a year in June, according to a survey released on Friday by S&P Global, with service-sector firms turning pessimistic about hiring intentions while input costs raise concerns in manufacturing.
Read moreLondonMetric and Schroders Reit boost takeover offer for Picton
10th Jul 2026 08:02
(Sharecast News) - LondonMetric Property and Schroders Real Estate Investment Trust have sweetened their takeover offer for Picton Property Income, it was confirmed on Friday.
Read moreEurope open: Shares up on Asia sentiment
10th Jul 2026 08:02
(Sharecast News) - European shares were higher at the open on Friday, shrugging off geopolitical concerns and taking their cue from a strong session in Asia driven by tech stocks.
Read moreFrench telecoms tycoon Niel snaps up £4.4bn stake in Vodafone
10th Jul 2026 07:56
(Sharecast News) - French billionaire Xavier Niel has agreed to acquire Emirates Telecommunications Group's entire stake in Vodafone for £4.4bn, it was announced on Friday.
Read moreLondon open: FTSE gains as Vodafone, easyJet surge
10th Jul 2026 07:53
(Sharecast News) - London stocks rose in early trade on Friday, with Vodafone pacing the gains on the top-flight index on news that French billionaire Xavier Niel will buy a £4.4bn stake in the company, while easyJet surged as a bidding war emerged for the budget airline.
Read moreSK Hynix lands largest‑ever US float by a foreign firm
10th Jul 2026 07:51
(Sharecast News) - Chipmaker SK Hynix has raised $26.5bn in its New York share offering, marking the largest US listing by a foreign company, as the South Korean firm capitalises on surging demand for artificial‑intelligence hardware.
Read moreCastlelake out of the running as easyJet agrees £5.7bn takeover by Apollo
10th Jul 2026 07:40
(Sharecast News) - A bidding war emerged on Friday as EasyJet said it has agreed to be taken over by private equity firm Apollo in a £5.7bn deal which trumps an earlier proposal by Castlelake.
Read moreGerman June inflation confirmed at 2.3% as easing continues
10th Jul 2026 07:35
(Sharecast News) - German inflation eased further in June, with consumer prices rising 2.3% year on year, the federal statistics office said on Friday, confirming flash estimates and continuing the easing of recent months.
Read moreLondon pre-open: Stocks seen muted; Apollo trumps Castlelake in bid for easyJet
10th Jul 2026 07:32
(Sharecast News) - London stocks were set for a muted open on Friday as investors continued to mull developments in the Middle East conflict.
Read moreFriday newspaper round-up: Nigel Farage, diesel prices, Kraken Technology
10th Jul 2026 07:16
(Sharecast News) - Chancellor Rachel Reeves is to announce a new City "skills compact" that will commit firms such as Barclays and Lloyds to retraining thousands of financial sector workers for the AI revolution. The financial services skills compact will be launched on Tuesday, during what is likely to be Reeves's final Mansion House speech to City bosses before Andy Burnham's expected takeover of No 10. The government-backed initiative will commit employers to improving workers' skills and helping them "keep pace" with significant technological changes that have prompted fears of mass redundancies. - Guardian
Read moreJohnson Service upbeat on FY26 progress despite HORECA slowdown
10th Jul 2026 07:11
(Sharecast News) - Textile services provider Johnson Service Group said on Friday that it still expects to deliver "another year of progress" in FY26, despite a drop in first‑half hotel, restaurant and catering (HORECA) revenues, as margin improvement and cost discipline continue to support performance.
Read moreHays sees earnings at top end of estimates
10th Jul 2026 07:06
(Sharecast News) - Recruiter Hays said it expected full-year earnings to be at the top end of consensus as the pace of decline in fee income slowed in the fourth quarter.
Read moreUS close: Chip stocks lead gains as falling oil prices lift mood
9th Jul 2026 23:00
(Sharecast News) - US stocks rose on Thursday, with the tech sector outperforming on the back of strong gains by chipmakers, as a drop in oil prices eased concerns about the renewed conflict in the Middle East.
Read moreLondon close: FTSE 100 slips to two-week low as AstraZeneca drops
9th Jul 2026 16:42
(Sharecast News) - The FTSE 100 finished marginally in the red on Thursday, bucking the positive trend seen across global stock markets on the back of losses across London's pharma, defence and oil sectors.
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