News Archive

Berenberg starts coverage of Savills at 'buy'

15th Jul 2026 12:39

(Sharecast News) - Berenberg started coverage of real estate advisor Savills on Wednesday with a 'buy' recommendation and 1,375p price target as it highlighted the company's "misunderstood earnings quality".

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Booming jewellery demand helps Q1 sales sparkle at Richemont

15th Jul 2026 12:07

(Sharecast News) - Shares in Cartier-owner Richemont glittered on Wednesday, after strong demand for the Swiss group's luxury jewellery brands boosted first-quarter sales, despite heightened geopolitical tensions.

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US mortgage applications fall 2.7pc as rates hit 11‑month high

15th Jul 2026 12:02

(Sharecast News) - US mortgage applications fell 2.7% in the week to 10 July, according to the Mortgage Bankers Association, extending the prior week's decline.

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US pre-open: Futures inch higher, chip stocks boosted by ASML

15th Jul 2026 11:45

(Sharecast News) - US stock futures were posting tentative gains in pre-market trade on Wednesday as investors continued to digest the previous day's soft inflation reading and what it means for the interest rate outlook.

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Europe midday: Shares in red as Iran tensions rise on trump comments

15th Jul 2026 11:34

(Sharecast News) - European shares were lower on Wednesday as the US launched the fourth consecutive day of strikes against Iran and President Donald Trump threatened to bomb the country into submission if it did not strike a peace deal.

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CMA clears eBay's $1.2bn acquisition of Depop

15th Jul 2026 11:11

(Sharecast News) - The UK's Competition and Markets Authority said on Wednesday that it has cleared eBay's acquisition of fashion marketplace Depop.

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CMA clears eBay's $1.2bn acquisition of Depop

15th Jul 2026 11:11

(Sharecast News) - The UK's Competition and Markets Authority said on Wednesday that it has cleared eBay's acquisition of fashion marketplace Depop.

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London midday: Stocks stay down as Trump threatens Iranian infrastructure

15th Jul 2026 11:01

(Sharecast News) - London stocks were still lower by midday on Wednesday after Donald Trump threatened to expand US strikes on Iran and target the country's infrastructure.

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Stripe and Advent said to have made $53bn bid for PayPal

15th Jul 2026 10:17

(Sharecast News) - Payments company Stripe and private equity firm Advent International have reportedly made ​a joint offer to buy PayPal for $60.50 per share, in a deal that would value the firm at more than $53bn.

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Asia report: Tech stocks jump on mixed day amid data tsunami

15th Jul 2026 09:50

(Sharecast News) - Asia-Pacific markets mostly rose on Wednesday as SK Hynix led a broad rally in regional technology shares, tracking a rebound in US semiconductor names after a sharp sell-off earlier in the week.

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Debts mount at Thames Water despite surge in profits

15th Jul 2026 09:50

(Sharecast News) - Thames Water posted a surge in annual profits on Wednesday after customer bills rose sharply, but warned there remained "material uncertainty" about its future as debts continued to mount.

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Supermarket Income REIT launches fundraising for acquisition pipeline

15th Jul 2026 09:45

(Sharecast News) - Supermarket Income REIT announced plans to raise about £100m through a share issue on Wednesday, to fund the acquisition of a £216m pipeline of nine grocery assets, including three supermarkets due to complete in September and a further six UK grocery properties expected to complete over the following three months.

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Segro signs three new leases in Coventry

15th Jul 2026 09:40

(Sharecast News) - Segro said in an update on Wednesday that it has signed three new leases totalling around 540,000 sq ft at Segro Park Coventry, including pre-lets with Volvo Group UK and DIRKS Consumer Logistics, alongside a lease with GigaCloud Technology for a completed speculative warehouse.

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ASML raises full-year guidance again

15th Jul 2026 09:38

(Sharecast News) - ASML raised its full-year guidance for a second time on Wednesday after reporting better-than-expected second-quarter results, as surging demand for AI chips prompted customers to accelerate capacity expansion plans.

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ICG fee-earning AUM rises in June quarter

15th Jul 2026 09:34

(Sharecast News) - ICG said on Wednesday that assets under management reached $126bn at 30 June, with fee-earning AUM rising 3% on a constant-currency basis during the quarter and 10% year on year to $88bn.

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