News Archive
Ericsson CEO Ekholm to step down, to be succeeded by Per Narvinger
16th Jun 2026 14:54
(Sharecast News) - Ericsson said on Tuesday that president and chief executive Börje Ekholm has decided to step down and will be succeeded by Per Narvinger with effect from 1 October.
Read moreTPXimpact earnings jump as it completes turnaround
16th Jun 2026 14:44
(Sharecast News) - TPXimpact said on Tuesday that it had completed its three-year turnaround plan after reporting stronger margins, improved cash generation and higher new business wins for the year ended 31 March.
Read moreYum Brands to sell Pizza Hut for $2.7bn
16th Jun 2026 14:01
(Sharecast News) - Yum Brands said on Tuesday that it has agreed to sell Pizza Hut for $2.7bn in two separate transactions.
Read moreUS open: Major indices trade higher as Dow builds on record close
16th Jun 2026 13:42
(Sharecast News) - Major indices were in the green early on Tuesday, with the Dow Jones building on its record close.
Read moreRBC Capital Markets upgrades Currys to 'outperform'
16th Jun 2026 13:14
(Sharecast News) - RBC Capital Markets upgraded Currys on Tuesday to 'outperform' from 'sector perform' and lifted the price target to 180p from 165p as it pointed to an attractive valuation and the potential for further share gains.
Read moreSpaceX to buy AI coding agent Cursor for $60bn
16th Jun 2026 12:38
(Sharecast News) - SpaceX said on Tuesday that it has agreed to buy San Francisco-based Anysphere, the owner of AI coding agent Cursor, for $60bn.
Read moreGalantas Gold shareholders approve Sol de Oro acquisition
16th Jun 2026 12:33
(Sharecast News) - Galantas Gold said on Tuesday that shareholders had approved its proposed acquisition of Sol de Oro Mining, which indirectly owns 100% of the Andacollo gold project in Chile.
Read moreGerman government rejects Unicredit's 'aggressive' Commerzbank bid
16th Jun 2026 12:33
(Sharecast News) - The Germany government has rejected UniCredit's hostile bid for Commerzbank, refusing to sell shares in the German lender.
Read moreForgent reports narrower pre-tax loss
16th Jun 2026 12:20
(Sharecast News) - Forgent reported a pre-tax loss of €14.2m for 2025 on Tuesday, improved from a loss of €19.4m a year earlier, as the company completed a strategic overhaul that has shifted its focus towards mining and exploration alongside its existing energy transition activities.
Read moreRevenue, gross profit rises at Inspiration Healthcare
16th Jun 2026 12:13
(Sharecast News) - Inspiration Healthcare reported a 24% rise in revenue to £47.5m for the year ended 31 January on Tuesday, supported by strong growth in SLE products and £9.5m of one-off export revenues.
Read moreRobinhood Markets cuts 10% of workforce to flatten org structure
16th Jun 2026 12:06
(Sharecast News) - US trading platform operator Robinhood Markets revealed on Tuesday that it plans to lay off around a tenth of its workforce in an effort to rein in costs and improve efficiency.
Read moreUS homebuilding slows in May as starts tumble 15pc, permits edge lower
16th Jun 2026 12:06
(Sharecast News) - US housing starts and building permits both softened in May, according to the Census Bureau, pointing to a cooler pace of homebuilding activity.
Read moreChristie Group confident after solid start to year
16th Jun 2026 12:06
(Sharecast News) - Christie Group said on Tuesday that its full-year expectations remained unchanged after a good start to 2026, supported by robust demand, resilient lender and investor appetite, and a strong deal pipeline.
Read moreMediaZest reports sharp improvement in first-half results
16th Jun 2026 12:03
(Sharecast News) - MediaZest reported a sharp improvement in first-half results on Tuesday, with revenue rising to £2.67m from £1.91m and pre-tax profit increasing to £754,000 from £56,000 in the six months ended 31 March.
Read moreCMA clears AB Foods' acquisition of Hovis
16th Jun 2026 11:53
(Sharecast News) - The Competition and Markets Authority has cleared Associated British Foods' £75m acquisition of Hovis.
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