News Archive
Intertek minded to recommend £9.4bn takeover by EQT, shares surge
13th May 2026 08:35
(Sharecast News) - Intertek surged on Wednesday as the inspection, product testing and certification group said it would be minded to recommend a £9.4bn takeover by Swedish private equity firm EQT.
Read moreMarshalls backs FY expectations despite uncertain macro outlook
13th May 2026 08:17
(Sharecast News) - Marshalls backed its full-year expectations on Wednesday while acknowledging the potential for volatility due to the Iran war.
Read moreTP Icap hails record Q1, led by global broking and energy & commodities
13th May 2026 07:55
(Sharecast News) - Interdealer broker TP Icap hailed a record first quarter on Wednesday, led by its global broking and energy & commodities businesses.
Read moreLondon pre-open: Stocks to rise ahead of Starmer-Streeting meeting
13th May 2026 07:36
(Sharecast News) - London stocks were set to rise at the open on Wednesday as US President Donald Trump headed to China for a summit with Xi Jinping, and as UK Prime Minister Keir Starmer was due to hold a meeting with health secretary and leadership challenger Wes Streeting following a wave of ministerial resignations.
Read moreVistry warns on profits, pauses buyback amid volatile markets
13th May 2026 07:29
(Sharecast News) - UK housebuilder Vistry on Wednesday said it expected first half profits to be "significantly" lower than last year and paused its share buyback as it focused on cash generation and cutting debt.
Read moreSpirax posts mid‑single‑digit organic growth, maintains FY outlook
13th May 2026 07:25
(Sharecast News) - Steam management systems manufacturer Spirax Group said on Wednesday that it had delivered mid‑single‑digit organic revenue growth and an improvement in adjusted operating margins in the first four months of the year, prompting it to reiterate full‑year guidance despite a persistently weak industrial production backdrop.
Read moreWednesday newspaper round-up: Elon Musk, JPMorgan CEO, Carillion
13th May 2026 07:18
(Sharecast News) - Donald Trump is due to arrive in Beijing on Wednesday evening, the first visit to China by a US president in nearly a decade, as he seeks to mend power and prestige weakened by the war in Iran. Trump will bring tech leaders, including Elon Musk of Tesla and Tim Cook of Apple, and plans for headline-grabbing deals. He has said he expects China's leader, Xi Jinping, would "give me a big, fat hug when I get there". - Guardian
Read moreCharge on frigate contract dents profits at Babcock
13th May 2026 07:02
(Sharecast News) - Babcock International posted a jump in annual revenues on Wednesday, but confirmed profits had been hit by a one-off charge on a contract to build five ships for the Royal Navy.
Read moreUS close: Stocks mixed following hotter than expected CPI
12th May 2026 22:02
(Sharecast News) - Major indices delivered a mixed performance on Tuesday as investors digested April's consumer price index report.
Read moreEurope close: Stocks fall on UK political turmoil, oil prices
12th May 2026 17:21
(Sharecast News) - European shares closed lower on Tuesday as political pressure on UK prime minister Sir Keir Starmer hit London assets, while renewed doubts over the fragile US-Iran ceasefire pushed oil prices higher.
Read moreLondon close: UK stocks erase early losses, but uncertainty limits upside
12th May 2026 16:41
(Sharecast News) - Further gains in the price of oil and worse-than-expected US inflation data hit risk appetite across global stock markets on Tuesday, though London's FTSE 100 managed to erase most of its earlier losses by the close of play.
Read moreSAP unveils new AI platform to unify enterprise services
12th May 2026 16:02
(Sharecast News) - German software giant SAP on Tuesday unveiled its so-called 'Autonomous Enterprise' offering, bringing together its enterprise AI software, data and automation products into one suite powered by Anthropic's Claude model.
Read moreFTSE 250 movers: Wickes tanks; Greggs on the menu
12th May 2026 15:55
(Sharecast News) - FTSE 250 (MCX) 22,488.80 -1.40%
Read moreScottish Mortgage SpaceX stake worth just under £3bn ahead of IPO
12th May 2026 15:39
(Sharecast News) - Scottish Mortgage Investment Trust said on Tuesday that its holding in SpaceX is worth just under £3bn.
Read moreUK food services prices dip in March, but wholesale inflation set to soar
12th May 2026 15:10
(Sharecast News) - Food and drink prices across the UK hospitality sector dipped in March, according to the latest figures out on Wednesday from NIQ and Prestige Purchasing, though the decline was likely only temporary with inflationary pressures having ramped up over recent months as a result of the Iran war.
Read more