News Archive

PRA fines Aviva £10.6m for historic Direct Line solvency reporting

11th Mar 2026 11:47

(Sharecast News) - Germany's largest defence contractor Rheinmetall reported strong revenue and profit growth for 2025 on Wednesday, and forecast a sharp acceleration in sales this year, as rising global military spending drives demand for weapons systems, ammunition and air-defence technology.

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US mortgage applications rise 3.2pc

11th Mar 2026 11:37

(Sharecast News) - US mortgage applications rose 3.2% week-on-week in the seven days ended 6 March, according to the Mortgage Bankers Association of America, with the fourth consecutive weekly increase taking applications to their second highest level since 2022.

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London midday: FTSE stays down as oil edges up; L&G results disappoint

11th Mar 2026 11:02

(Sharecast News) - London stocks were still in the red by midday on Wednesday as worries about the Iran conflict continued to rattle markets, with oil prices rising again.

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Speedy Hire appoints former Ricardo exec as CFO retires

11th Mar 2026 10:27

(Sharecast News) - Shares in Speedy Hire rose on Wednesday after the tool rental firm announced the replacement of its chief financial officer with the finance veteran Judith Cottrell.

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Revenues, earnings rise at Breedon despite 'testing' year

11th Mar 2026 09:10

(Sharecast News) - Construction materials specialist Breedon Group posted a jump in full-year revenues and earnings on Wednesday, despite subdued conditions in the UK.

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Heathrow reports busiest ever February

11th Mar 2026 09:05

(Sharecast News) - London's Heathrow reported its busiest ever February on Wednesday, with 5.8m passengers passing through the airport last month, boosted by half‑term travel and the Chinese New Year.

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Gerresheimer delays 2025 results amid accounting probe

11th Mar 2026 08:56

(Sharecast News) - Gerresheimer said on Wednesday that it would delay publication of its 2025 annual results until June after an ongoing investigation into business transactions extended longer than expected, a move that would likely result in the company's removal from Germany's SDAX.

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Supermarket Income REIT posts lower H1 EPS despite rent growth

11th Mar 2026 08:50

(Sharecast News) - Grocery real estate business Supermarket Income REIT said on Wednesday that it had delivered "a strong first half for shareholders", even as it reported a 10% drop in earnings per share, with both annualised passing rents and its potfolio valuation rising in the six months ended 31 December.

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L&G announces biggest ever share buyback but FY profit falls short

11th Mar 2026 08:49

(Sharecast News) - Legal & General announced its biggest ever share buyback on Wednesday and said it was on track to hit its financial targets, but shares slumped as full-year core operating profit came in a touch light.

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Bodycote reports lower revenue and profit, announces £80m buyback

11th Mar 2026 08:33

(Sharecast News) - Bodycote reported lower revenue and adjusted profit for 2025 on Wednesday amid mixed market conditions, as the heat treatment specialist said it continued to execute its strategic transformation and announced a new £80m share buyback programme.

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German inflation eases in line with forecasts

11th Mar 2026 08:25

(Sharecast News) - German inflation dipped marginally in February, official data showed on Wednesday, in line with expectations.

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Europe open: Shares falls as oil prices climb again on ship attacks

11th Mar 2026 08:20

(Sharecast News) - European shares opened lower on Wednesday as oil prices crept higher amid renewed attacks from Iran on neighbouring states and shipping in the vital Strait of Hormuz, despite claims from US President Donald Trump that the war would end "very soon".

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London open: Stocks slump as oil prices rise again; L&G slides after results

11th Mar 2026 08:16

(Sharecast News) - London stocks fell in early trade on Wednesday as worries about the Iran conflict continued to rattle markets, with oil prices rising again.

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Inditex eyes further growth as sales, earnings spark

11th Mar 2026 07:44

(Sharecast News) - Zara-owner Inditex posted a jump in annual sales and earnings on Wednesday and said the current year had got off to a solid start.

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Profits, revenues spark at Balfour Beatty

11th Mar 2026 07:43

(Sharecast News) - Balfour Beatty posted a jump in full-year profits and revenues on Wednesday, driven by strong performances in UK construction and support services.

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