News Archive

US close: Stocks mixed as Dow powers ahead, investors trim AI exposure

4th Jun 2026 21:43

(Sharecast News) - Major indices closed mostly higher on Thursday, with the blue-chip index notching a fresh record close as market participants remained locked in on Middle East developments and looked to limit their exposure to artificial intelligence stocks .

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Europe close: Stocks stage late recovery to close in the green

4th Jun 2026 17:34

(Sharecast News) - European stocks returned to positive territory by the close on Thursday, recovering from earlier losses even as Israel undermined a US-backed ceasefire agreement with the Iran-backed Hezbollah militia within hours of it being announced.

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London close: Late rally pushes Footsie higher as oil prices retreat

4th Jun 2026 15:56

(Sharecast News) - London's blue chip index erased earlier losses to push higher by the close of play on Thursday as oil prices fell, while investors digested yet more tumultuous newsflow from the Middle East.

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Broker tips: Endeavour Mining, ICG

4th Jun 2026 15:10

(Sharecast News) - Analysts at RBC Capital Markets cut their target price on gold miner Endeavour Mining from 6,000p to 5,100p on Thursday, after lowering its gold price assumptions for 2026 and 2027.

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Financier Lex Greensill banned from UK director posts for nine years

4th Jun 2026 14:56

(Sharecast News) - Australian sugar farmer turned financier Lex Greensill has been banned from acting as a company director in the UK for nine years for his role in the collapse of his Greensill Capital group.

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Springfield Properties wipes bank debt ahead of expectations

4th Jun 2026 14:27

(Sharecast News) - Springfield Properties said on Thursday that it had eliminated its bank debt at year-end, significantly ahead of market expectations, as the Scottish housebuilder reported trading in line with forecasts for the year ended 31 May.

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Director dealings: Pantheon Resources chairman significantly raises stake

4th Jun 2026 14:22

(Sharecast News) - Pantheon Resources revealed on Thursday that non-executive chairman Michael Spencer had five million ordinary shares in the AIM-listed oil and gas exploration and development firm.

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FTSE 100 movers: Asia-focused banks tumble; JD Sports in the black

4th Jun 2026 14:22

(Sharecast News) - London's FTSE 100 was down 0.1% at 10,325.79 in afternoon trade on Thursday.

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US open: Dow jumps, Nasdaq slips as traders track US-Iran flare‑up

4th Jun 2026 14:22

(Sharecast News) - Wall Street trading got off to a mixed start on Thursday as market participants remained locked in on Middle East developments.

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FTSE 250 movers: CMC surges; Ceres slumps

4th Jun 2026 14:18

(Sharecast News) - FTSE 250 (MCX) 23,245.19 0.25%

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Ceres Power tumbles after Panmure downgrade to 'sell'

4th Jun 2026 14:00

(Sharecast News) - Ceres Power tumbled on Thursday after Panmure Liberum downgraded the shares to 'sell' from 'buy'.

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Brown-Forman beats forecasts with Q4 results, expects flat FY27 sales

4th Jun 2026 13:38

(Sharecast News) - Shares in Brown-Forman were on the rise on Thursday after the Jack Daniel's maker beat forecasts with its fourth-quarter sales, helped by solid sales of its premium brands, though the company delivered an uncertain outlook for the current year.

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Flowtech Fluidpower acquires Helipebs Controls for £0.4m

4th Jun 2026 13:32

(Sharecast News) - Flowtech Fluidpower announced the acquisition of the business and assets of Helipebs Controls, a Gloucester-based manufacturer of hydraulic cylinders and systems, for £0.4m in cash on Thursday.

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Quantinuum makes $1.7bn debut on Nasdaq

4th Jun 2026 13:31

(Sharecast News) - Quantinuum raised $1.68bn on Thursday after the quantum computing specialist debuted on Wall Street.

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Citi upgrades Puma to 'buy', shares spark

4th Jun 2026 13:19

(Sharecast News) - Puma shot higher on Thursday after Citi upgraded the sportswear brand to 'buy' from 'neutral' and hiked the price target to €35 from €27.50.

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