News Archive
Peel Hunt downgrades Hiscox after strong run but remains positive long term
28th May 2026 12:42
(Sharecast News) - Peel Hunt downgraded Hiscox on Thursday to 'add' from 'buy' after a strong share price performance and citing a full standalone valuation.
Read moreEuropean sentiment inches higher but stays close to five-year low
28th May 2026 11:33
(Sharecast News) - Economic sentiment across the eurozone was broadly stable over the month of May, according to the European Commission on Thursday, stabilising after hitting its lowest in over five years the previous month amid heightened geopolitical tensions in the Middle East.
Read moreLondon midday: Stocks stay down, oil up amid US-Iran strikes
28th May 2026 10:58
(Sharecast News) - London stocks were still sharply lower by midday on Thursday, with oil prices up after the US and Iran exchanged military strikes.
Read moreFRC fines BDO £2m for 'serious' breaches related to NMCM audit
28th May 2026 10:55
(Sharecast News) - The Financial Reporting Council said on Thursday that it has fined BDO and one of its senior partners £2m for "significant and serious" breaches related to the accountancy firm's audit of construction company NMCM.
Read moreUS pre-open: Futures edge lower on rising oil prices, Iran tensions
28th May 2026 10:01
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Thursday as a rebound in oil prices and renewed geopolitical tensions weighed on sentiment ahead of a key inflation print.
Read moreUK government would block Indian billionaire from lifting stake in BT - report
28th May 2026 09:45
(Sharecast News) - Shares of BT Group slumped on Thursday following a report the UK government would oppose any attempt from Indian billionaire Sunil Bharti Mittal to increase his stake in the telecoms group.
Read moreEurope midday: Stocks fall, oil jumps on US-Iran tensions
28th May 2026 09:33
(Sharecast News) - European stock markets fell on Thursday as a renewed jump in oil prices and heightened tensions between the Washington and Tehran eroded risk appetite, while investors awaited a key inflation reading in the US.
Read morePets at Home's retail turnaround making 'encouraging' progress, says Canaccord Genuity
28th May 2026 09:32
(Sharecast News) - Shares in Pets at Home were pulling back on Thursday after surging the previous session as markets welcomed the pet products and veterinary group's full-year results, with broker Canaccord Genuity reiterating its 'buy' rating on the stock.
Read moreThe Property Franchise Group trading in line with expectations
28th May 2026 09:20
(Sharecast News) - The Property Franchise Group said on Thursday that it continued to trade in line with board expectations, supported by recurring revenues across its franchise and licensing divisions.
Read moreAsia report: Most markets fall on fresh fighting in Hormuz
28th May 2026 09:19
(Sharecast News) - Asia-Pacific markets fell on Thursday as tensions in the Middle East escalated after fresh US strikes in Iran raised concerns over regional stability and potential supply disruption near the Strait of Hormuz.
Read moreFattal makes £930m non‑binding approach for PPHE
28th May 2026 08:57
(Sharecast News) - Fattal Hotel Group said on Thursday that it has submitted a non‑binding proposal to acquire the remaining shares of PPHE Hotel Group for £22 per share in cash, valuing the London‑listed hospitality group at around £930m.
Read moreLosses widen at IQE as it completes £81m fundraising
28th May 2026 08:56
(Sharecast News) - IQE said on Thursday that it had completed an £81m fundraising, including a strategic investment from MACOM Technology Solutions, as the compound semiconductor wafer supplier also reported a wider adjusted annual loss and said improved trading momentum had continued into 2026.
Read moreCooks Coffee posts jump in FY sales amid expansion
28th May 2026 08:08
(Sharecast News) - Aquis-listed Cooks Coffee Company - the owner of the Esquires coffee chain - reported a rise in full-year sales and earnings on Thursday as it rolled out more stores.
Read moreSirius Real Estate acquires business park in Germany's Hesse region
28th May 2026 08:06
(Sharecast News) - Real estate investment trust Sirius Real Estate said on Thursday that it has notarised the acquisition of a light‑industrial business park in Fulda, north‑east of Frankfurt, for a total cost of €49.8m.
Read moreLondon open: Stocks slide, oil rises as US-Iran exchange military strikes
28th May 2026 08:02
(Sharecast News) - London stocks slid in early trade on Thursday, while oil prices rose after the US and Iran exchanged military strikes.
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