News Archive
KBW upgrades HSBC to 'outperform'
17th Dec 2025 12:54
(Sharecast News) - HSBC shares rallied on Wednesday after KBW lifted its rating to 'outperform' from 'market perform', citing the strength of the bank's Hong Kong business.
Read moreUK manufacturing downturn eases in December - CBI
17th Dec 2025 11:49
(Sharecast News) - The downturn in the manufacturing sector eased in December, according to the latest Industrial Trends survey released on Wednesday by the Confederation of British Industry.
Read moreEurope midday: Shares hold gains in rally ahead of rate calls
17th Dec 2025 11:42
(Sharecast News) - European stocks rallied on Wednesday despite a mixed showing on Wall Street overnight as investors awaited the final central bank rate decisions of the year.
Read moreUK house prices soften in October
17th Dec 2025 11:32
(Sharecast News) - UK house prices softened in October, official data showed on Wednesday, weighed down by weakness in the capital.
Read moreEurozone inflation holds steady at 2.1%
17th Dec 2025 11:31
(Sharecast News) - Eurozone inflation was unchanged in November, official data showed on Wednesday, narrowly beating forecasts for a modestly higher print.
Read moreUBS downgrades M&G to 'neutral', says shares fairly valued
17th Dec 2025 11:19
(Sharecast News) - UBS downgraded M&G on Wednesday to 'neutral' from 'buy' as it said the stock was now fairly valued, but lifted the price target to 290p from 275p.
Read moreDiageo to sell East African Breweries stake for $2.3bn
17th Dec 2025 11:09
(Sharecast News) - Diageo is to sell its stake in East African Breweries Limited to Japan's Asahi Group Holdings in a deal worth $2.3bn, the drinks giant confirmed on Wednesday.
Read moreLondon midday: Stocks surge as inflation figures boost rate cut expectations
17th Dec 2025 11:09
(Sharecast News) - London stocks had surged by midday on Wednesday, while sterling slumped as the latest UK inflation data cemented expectations of a rate cut from the Bank of England this week.
Read moreUS pre-open: Futures rebound after NFP volatility, attention turns to CPI
17th Dec 2025 10:50
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Wednesday as investors continued to weigh the latest non-farm payrolls reports ahead of tomorrow's consumer price index.
Read moreUBS upgrades Phoenix Group to 'buy', shares spark
17th Dec 2025 10:42
(Sharecast News) - Phoenix Group sparked on Wednesday after UBS upgraded the shares to 'buy' from 'neutral' and hiked the price target to 770p from 670p, as it said balance sheet risks are well managed and the yield is attractive.
Read moreGerman business sentiment deteriorates in December - Ifo
17th Dec 2025 10:16
(Sharecast News) - German business sentiment unexpectedly deteriorated in December, according to a survey released on Wednesday by the Ifo Institute.
Read moreEWI urges shareholders to vote against Saba's proposed resolutions
17th Dec 2025 09:41
(Sharecast News) - Edinburgh Worldwide Investment Trust has urged shareholders to once again reject the demands of "aggressive" Saba Capital Management after it called for the removal of all six independent non-executive directors and the appointment of three of its own US-based nominees.
Read moreAmazon reportedly eyeing up $10bn investment in OpenAI
17th Dec 2025 09:38
(Sharecast News) - Amazon is reportedly in conversations to plough more than $10bn into ChatGPT maker OpenAI as part of a deal that includes Amazon supplying AI chips and data centre capacity.
Read moreAsia report: Markets mixed, China equities jump
17th Dec 2025 09:12
(Sharecast News) - Asia-Pacific markets traded mixed on Wednesday as investors digested a heavy slate of regional economic data and followed weaker cues from Wall Street, where equities fell overnight as markets assessed delayed US jobs data for November.
Read moreGreencore agrees with CMA to sell Bakkavor sauce and soup business
17th Dec 2025 09:05
(Sharecast News) - Greencore Group has agreed to legally binding undertakings with the UK Competition and Markets Authority to secure clearance for its proposed acquisition of Bakkavor Group, avoiding a full phase two merger investigation.
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