News Archive

Dusk abandons £300m IPO plans - report

14th Sep 2026 13:24

(Sharecast News) - Online furniture retailer Dusk has reportedly abandoned plans for a £300m London flotation that would have seen it join the ranks of Britain's listed companies later this year.

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Canaccord Genuity lowers target price on Cerillion

14th Sep 2026 12:36

(Sharecast News) - Canaccord Genuity cut its price target on Cerillion from 2,060p to 1,760p on Monday, after the software group warned that second‑half trading would be weaker than expected, leading to revenue and underlying earnings misses against consensus.

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Hugo Boss chairman departs as Frasers steps up pressure

14th Sep 2026 11:37

(Sharecast News) - Hugo Boss's chairman has agreed to part ways with the German fashion brand amid growing pressure from major shareholder Frasers Group, as the British retail group seeks greater boardroom control ahead of a formal takeover.

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US pre-open: Futures fall as AI IPO doubts grow, oil continues to climb

14th Sep 2026 11:23

(Sharecast News) - Wall Street futures were in the red ahead of the open on Monday as investors assessed fresh uncertainty around the artificial‑intelligence IPO pipeline and monitored another jump in oil prices.

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London midday: FTSE extends gains as software stocks rally on AI slump

14th Sep 2026 10:57

(Sharecast News) - London stocks had extended gains by midday on Monday, underpinned by strength in the software sector and benefiting from low exposure to technology, after a slump in AI-linked Asian stocks.

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Europe midday: Tech stocks slide on AI slowdown call, oil sits above $107

14th Sep 2026 10:56

(Sharecast News) - European shares slipped into the red on Monday with Brent crude climbing above $107 a barrel after Houthi rebels continued to threaten a key Red Sea oil channel, while tech stocks were sharply lower on apocalyptic warnings from artificial intelligence CEOs.

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Novo Nordisk rebrands as 'Novo' as it unveils new company identity

14th Sep 2026 10:02

(Sharecast News) - Novo Nordisk has unveiled a global rebrand that will see the Danish pharmaceuticals group adopt 'Novo' as its day-to-day name, as part of a broader push to modernise its identity and corporate culture.

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Brave Bison makes fourth offer for System1 at £47.5m

14th Sep 2026 09:45

(Sharecast News) - Brave Bison sweetened its takeover offer for System1 Group on Monday for the fourth time, to £47.5m.

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Cerillion warns FY revenue will miss market expectations, shares slide

14th Sep 2026 09:23

(Sharecast News) - Cerillion tumbled on Monday after it warned that full-year revenue would miss market expectations as some anticipated new and existing customer orders have been delayed or deferred.

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Asia report: Tech sell-off hits markets after Anthropic's AI warning

14th Sep 2026 09:19

(Sharecast News) - Sharp falls in the semiconductor space and rising oil prices weighed on sentiment on stock markets across Asia on Monday, with most major indices finishing lower.

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GlobalData shares sink on profit warning

14th Sep 2026 09:19

(Sharecast News) - Shares in GlobalData plunged on Monday after the data and analytics group warned that full-year profits would fall short of market expectations as weaker-than-expected revenue growth and increased investment pressured margins.

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Astrazeneca's Etcamah trial fails to meet primary endpoint

14th Sep 2026 08:47

(Sharecast News) - Drugmaker Astrazeneca said on Monday that its SERENA‑4 Phase III trial of breast cancer treatment Etcamah (camizestrant) in combination with palbociclib did not meet its primary endpoint, although a numerical improvement in progression‑free survival was observed, as the company reaffirmed confidence in the drug's broader development programme.

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Europe open: Shares flat on Fed hike fears, AI 'apocalypse' claim

14th Sep 2026 07:54

(Sharecast News) - European shares were flat at the open on Monday with Brent crude climbing above $107 a barrel after Houthi rebels continued to threaten a key Red Sea oil channel, raising fears of a Fed rate hike this week, while tech stocks were in the red on apocalyptic warnings from artificial intelligence CEOs.

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Berenberg upgrades Antofagasta to 'buy'

14th Sep 2026 07:48

(Sharecast News) - Analysts at Berenberg upgraded Antofagasta from 'hold' to 'buy' on Monday, saying last week's sharp pullback in copper prices had created an attractive entry point, while keeping its 4,400p price target unchanged for around 16% upside.

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London open: FTSE up and faring better than peers after Asian AI selloff

14th Sep 2026 07:41

(Sharecast News) - London stocks rose in early trade on Monday, benefiting from their low exposure to the tech sector, after a slump in AI-linked Asian stocks.

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