News Archive

Ericsson posts softer Q2 sales, shares fall

14th Jul 2026 11:35

(Sharecast News) - Shares in Ericsson fell sharply on Tuesday, after the Swedish telecoms equipment specialist posted below forecast quarterly sales and flagged rising cost inflation.

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JPMorgan downgrades Pearson to 'neutral', sees better value elsewhere

14th Jul 2026 11:26

(Sharecast News) - JPMorgan downgraded Pearson on Tuesday to 'neutral' from 'overweight' and cut the price target to 1,420p from 1,430p, saying its forecasts now only imply modest upside and it sees better value elsewhere.

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Asia report: Stocks erase early losses, but upside limited by oil price surge

14th Jul 2026 11:24

(Sharecast News) - Asian stock markets finished mostly higher on Tuesday after a late-day rally erased earlier losses, though the mood remained cautious as investors weighed the latest military operations in the Middle East and another surge in oil prices.

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London midday: FTSE stays down as rate hike expectations rise amid surging oil

14th Jul 2026 11:01

(Sharecast News) - London stocks were still weaker by midday on Tuesday as surging oil prices raised rate hike expectations, after Donald Trump said the US had reinstated the naval blockade on the Strait of Hormuz, and as investors eyed a key US inflation reading and bank earnings.

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Spire Healthcare chair Iain Cheshire to step down

14th Jul 2026 10:37

(Sharecast News) - Spire Healthcare announced on Tuesday that chair Ian Cheshire will step down by the end of September and will be succeeded by Debbie White, ahead of a potential takeover by Toscafund.

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Boohoo upbeat on strong summer trading

14th Jul 2026 09:43

(Sharecast News) - Boohoo Group flagged strong summer trading on Tuesday, boosted in part by the hot weather, as the online retailer's turnaround continued to gather pace.

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Ofwat hits South East Water with £30.5m fine

14th Jul 2026 09:19

(Sharecast News) - South East Water will pay £30.5m after a series of supply interruptions, customer service failures and a breach of its licence, regulator Ofwat said on Tuesday.

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British Land flags strong start to the year, reaffirms outlook

14th Jul 2026 09:12

(Sharecast News) - Commercial property group British Land Company reiterated annual guidance on Tuesday, following a robust start to the year.

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Robert Walters shares drop on steeper fee decline in Q2

14th Jul 2026 09:10

(Sharecast News) - Shares in Robert Walters sank on Tuesday after the recruiter reported a steeper decline in net fees over the second quarter, though the company did return to growth in the final month of the trading period.

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Ashmore Q4 AuM rise as investors 'look through' Middle East uncertainty

14th Jul 2026 09:07

(Sharecast News) - Emerging markets asset manager Ashmore reported a jump in fourth-quarter assets under management on Tuesday as it said investors looked through the uncertainty over the conflict in the Middle East.

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Europe open: Oil rises again, shares fall as US continues Iran attacks

14th Jul 2026 08:07

(Sharecast News) - European shares fell and oil prices continued to surge on Tuesday as the US launched a third straight night of strikes on Iran and President Donald Trump threatened a levy on shipping transiting the Strait of Hormuz.

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China trade trade growth accelerates sharply in June

14th Jul 2026 08:02

(Sharecast News) - China's trade growth accelerated sharply in June, driven by surging global demand for AI‑related hardware and a rush by exporters to ship goods ahead of expected US tariff increases, said the General Administration of Customs.

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London open: FTSE falls, Brent breaches $80 as US reinstates Iranian port blockade

14th Jul 2026 08:01

(Sharecast News) - London stocks fell in early trade on Tuesday as Brent crude breached $80 a barrel after Donald Trump said the US had reinstated the naval blockade on the Strait of Hormuz and announced a 20% toll on commercial shipping.

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Watches of Switzerland hails record FY profit and revenue

14th Jul 2026 07:48

(Sharecast News) - Watches of Switzerland hailed record full-year profit and revenue on Tuesday, ahead of its previous guidance and market expectations.

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Rank sees FY ahead of expectations

14th Jul 2026 07:43

(Sharecast News) - Gambling operator Rank Group on Tuesday said it expected annual earnings to be ahead of expectations after a 6% jump in net gaming revenue.

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