News Archive

Oxford Biomedica inks service deal with Plowshare Therapies

16th Jul 2026 14:17

(Sharecast News) - Oxford Biomedica announced on Thursday that it has signed an agreement to provide process development and AAV GMP manufacturing services to Plowshare Therapies, supporting the biotechnology company's gene therapy programme for rare genetic diseases.

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Eli Lilly to buy AtaiBeckley in $2.8bn deal

16th Jul 2026 14:08

(Sharecast News) - Eli Lilly said on Thursday that it has agreed to buy AtaiBeckley, a clinical-stage biopharmaceutical company developing therapeutics for mental health conditions, for $2.8bn.

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US initial jobless claims fall to 208,000

16th Jul 2026 12:56

(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 11 July, according to the Labor Department, with initial claims dropping by 8,000 to 208,000.

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Director dealings: Celebrus Technologies CFO raises stake

16th Jul 2026 12:54

(Sharecast News) - Celebrus Technologies revealed on Thursday that chief financial office Ashoni Mehta had acquired 60,000 ordinary shares in the AIM-listed data solutions provider.

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Ramsdens agrees to sweetened takeover bid by FirstCash, lifts FY profit outlook

16th Jul 2026 12:52

(Sharecast News) - Ramsdens lifted its full-year profit outlook on Thursday as the pawnbroker announced it has agreed to an improved takeover bid from US rival FirstCash.

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Berenberg lowers target price on Rio Tinto following Q2 update

16th Jul 2026 12:21

(Sharecast News) - Analysts at Berenberg cut their price target on Rio Tinto from 8,200p to 8,100p on Thursday, saying higher‑than‑expected diesel costs in the Pilbara were likely to keep unit‑cost pressure elevated, while parts of the miner's Q2 production update pointed to downside risks in iron ore.

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KKR sweetens takeover bid for DCC

16th Jul 2026 11:41

(Sharecast News) - Irish energy group DCC confirmed on Thursday it had received a sweetened £5.81bn takeover offer from its American suitors.

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Shoe Zone lifts FY outlook after better-than-expected May, June sales

16th Jul 2026 11:23

(Sharecast News) - Shoe Zone rallied on Thursday after the retailer said it now expects a smaller full-year loss than previously forecast as sales in May and June were ahead of market expectations.

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London midday: Stocks down; sterling gains on reports Mahmood may become chancellor

16th Jul 2026 11:00

(Sharecast News) - London stocks were still weaker by midday on Thursday as investors digested the latest UK GDP data and a slew of corporate releases amid ongoing tensions in the Middle East, while sterling rallied on reports that Shabana Mahmood may become chancellor.

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BHP reports record iron ore production, shares fall on strike threat

16th Jul 2026 10:49

(Sharecast News) - BHP reported record annual iron ore production and delivered around 2 million tonnes of copper for the second consecutive year, although shares fell after reports of potential industrial action involving workers at Port Hedland.

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US pre-open: Futures slip as chip stocks retreat

16th Jul 2026 10:35

(Sharecast News) - Wall Street futures were mixed prior to the open on Thursday, giving back part of the prior session's gains as semiconductor stocks came under pressure.

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Europe midday: Losses extend as investors fret over rate hikes

16th Jul 2026 10:32

(Sharecast News) - European stocks extended losses on Thursday as renewed geopolitical tensions and a global tech sell‑off weighed on sentiment across the region.

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Shares slump as Crest Nicholson warns on profits

16th Jul 2026 10:28

(Sharecast News) - Shares in Crest Nicholson tumbled on Thursday after the homebuilder swung to an interim loss and trimmed full-year earnings guidance for the second time amid "challenging" market conditions.

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SIG launches 'improvement plan' after cutting profit outlook

16th Jul 2026 10:15

(Sharecast News) - Insulation, roofing and construction products supplier SIG said it now no longer expects a recovery in market conditions in the second half of 2026, as it lowered its profit outlook for the full year.

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Eurozone records steepest trade deficit since 2023

16th Jul 2026 10:08

(Sharecast News) - The eurozone recorded its largest trade deficit in over three years in May, according to data out on Thursday from Eurostat, as export growth stalled while imports jumped.

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