News Archive

Europe close' Stocks pare gains as oil prices return to growth

17th Jun 2026 17:25

(Sharecast News) - European shares had given up some of their earlier gains by the close on Wednesday as oil prices resumed their rise, while investors monitored the latest developments around the US-Iran peace deal and looked ahead to the Federal Reserve's interest rate decision.

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Allbirds rebrands as Smartbird, appoints new CEO

17th Jun 2026 16:36

(Sharecast News) - Allbirds shares surged on Wednesday after the former trainer maker changed its name to Smartbird and announced the appointment of a new chief executive following its decision earlier this year to shift to AI compute infrastructure.

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FTSE 250 movers: Housebuilders gain, oil stocks slide

17th Jun 2026 16:13

(Sharecast News) - FTSE 250 (MCX) 23,273.78 -0.23%

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Oriole to start diamond drilling campaign at Wapouze

17th Jun 2026 14:38

(Sharecast News) - Oriole Resources said on Wednesday that it is set to begin a maiden 1,000-metre diamond drilling programme at its 85%-owned Wapouzé limestone project in north-eastern Cameroon as it seeks to define a maiden resource for the asset.]

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FTSE 100 movers: Rate-sensitive banks and housebuilders rally; M&S drops

17th Jun 2026 14:15

(Sharecast News) - London's FTSE 100 was flat at 10,492.89 in afternoon trade on Wednesday.

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London close: FTSE nudges up as housebuilders, banks rally; Fed, BoE eyed

17th Jun 2026 14:12

(Sharecast News) - London stocks ended just a smidgen higher on Wednesday as investors erred on the side of caution ahead of a pivotal Federal Reserve policy announcement and as the latest UK inflation reading eased pressure on the Bank of England to hike rates.

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US open: Stocks slightly higher ahead of FOMC decision

17th Jun 2026 14:05

(Sharecast News) - Major indices were slightly higher at the open on Wednesday as market participants awaited the Federal Reserve's latest policy decision, while SpaceX looked set to extend its strong post‑IPO rally.

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HSBC announces multi-year AI partnership with Google Cloud

17th Jun 2026 13:59

(Sharecast News) - HSBC announced a multi-year partnership with Google Cloud on Wednesday to build and deploy artificial intelligence capabilities across the bank's operations.

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US retail sales rise 0.9pc in May

17th Jun 2026 13:30

(Sharecast News) - US retail sales rose 0.9% in May, according to advance estimates from the Census Bureau, hitting $763.7bn.

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Lords Group backs FY expectations, says trading remains challenging

17th Jun 2026 13:18

(Sharecast News) - Building materials distributor Lords Group has backed its full-year expectations as it said trading remains challenging.

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Broker tips: LondonMetric Property, Fullers, Zegona Communications

17th Jun 2026 13:10

(Sharecast News) - Analysts at Berenberg cut their target price on LondonMetric Property from 282p to 252p on Wednesday after trimming their net tangible asset forecasts, citing a lower‑than‑expected FY26 valuation outcome and a higher cost‑of‑capital backdrop.

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Director dealings: IG Design founder purchases shares

17th Jun 2026 13:02

(Sharecast News) - IG Design revealed on Wednesday that founder and non-executive director Anders Hedlund had acquired 16.64m ordinary shares in the AIM-listed stationery product manufacturer.

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GreenRoc's Danish subsidiary inks deal with European Investment Bank

17th Jun 2026 12:53

(Sharecast News) - GreenRoc Strategic Materials said on Wednesday that its Danish subsidiary had signed an advisory services agreement with the European Investment Bank to support financing readiness for its Amitsoq graphite mine and planned active anode material processing project.

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Switch Metals starts maiden drilling programme at Issia

17th Jun 2026 12:47

(Sharecast News) - Switch Metals said on Wednesday that it had started its maiden drilling programme at the Issia tantalum and lithium project in Côte d'Ivoire, targeting two priority hard-rock pegmatite prospects.

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Geo Exploration identifies new priority targets at Gorge project

17th Jun 2026 12:37

(Sharecast News) - Geo Exploration said on Wednesday that initial airborne geophysical survey results from its Gorge project in Western Australia had identified new priority targets and improved its understanding of the project's geological structure and mineralisation controls.

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