News Archive

US close: Stocks tank on rate hike speculation, Nasdaq hits three-month low

30th Jul 2026 00:00

(Sharecast News) - US stock markets dropped sharply on Wednesday as selling pressure intensified following the Federal Reserve meeting, which revealed a growing chorus of policymakers calling for tighter monetary policy.

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London close: Footsie hits five-month high, but upside limited

29th Jul 2026 16:16

(Sharecast News) - London's blue chip index neared record highs on Wednesday afternoon after four straight days of gains, though a weak start on Wall Street zapped gains ahead of a number of key risk events.

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FTSE 250 movers: Greggs surges, Lancashire slides

29th Jul 2026 15:37

(Sharecast News) - FTSE 250 (MCX) 23,985.23 -0.08%

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Europe close: Stocks fall on oil price rise, tech sentiment

29th Jul 2026 15:17

(Sharecast News) - European shares closed mostly lower on Wednesday after a surprise Iranian attack on US military targets in the Gulf sent oil prices sharply higher, while another heavy technology sell-off in Asia weighed on sentiment.

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Deutsche Bank reports stronger-than-expected second quarter

29th Jul 2026 15:14

(Sharecast News) - Deutsche Bank reported a stronger-than-expected second quarter on Wednesday, with net profit attributable to shareholders rising 10% to €1.64bn and pre-tax profit increasing 11% to €2.68bn.

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Danone sales growth beats forecasts despite China slowdown

29th Jul 2026 15:10

(Sharecast News) - Danone reported second-quarter like-for-like sales growth of 4.2% on Wednesday, ahead of expectations for 3.7%, as stronger pricing and a recovery in specialised nutrition offset a sharp slowdown in China.

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FTSE 100 movers: Weir surges on results; Aberdeen slumps

29th Jul 2026 14:58

(Sharecast News) - London's FTSE 100 was 0.3% higher at 10,902.29 in afternoon trade on Wednesday.

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Director dealings: SRT Marine's Oliver Plunkett raises stake

29th Jul 2026 14:57

(Sharecast News) - SRT Marine Systems revealed on Wednesday that non-executive director Oliver Plunkett had acquired 190,456 ordinary shares in the AIM-listed maritime surveillance systems provider.

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CMA to investigate Microsoft over marketing of subscription plans

29th Jul 2026 14:48

(Sharecast News) - The Competition and Markets Authority said on Wednesday that it has launched an investigation into Microsoft on concerns it may have misled customers about the cost of Microsoft 365 subscriptions.

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VF Corp shares plunge despite revenue beat, guidance upgrade

29th Jul 2026 14:45

(Sharecast News) - Shares in VF Corp dropped sharply in New York on Wednesday despite the outdoor and activewear brand owner lifting full-year guidance after a strong first quarter, with investors reacting to a weak trading performance at Vans and the exit of its chief financial officer.

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Broker tips: AB Dynamics, Diageo

29th Jul 2026 14:33

(Sharecast News) - Analysts at Berenberg lowered their target price for AB Dynamics to 1,700p on Wednesday, down from 2,060p, citing a more challenging automotive industry environment and lengthening procurement cycles that have delayed FY26 revenues.

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US open: Stocks lower as oil surges, traders await Fed decision

29th Jul 2026 14:01

(Sharecast News) - Major indices were in the red at the open on Wednesday as traders weighed rising oil prices and awaited the Federal Reserve's latest interest rate decision.

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Deutsche Bank downgrades Diageo to 'hold' after outperformance

29th Jul 2026 14:01

(Sharecast News) - Deutsche Bank downgraded drinks maker Diageo on Wednesday to 'hold' from 'buy' following its outperformance.

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BMW eyeing 8,000 job cuts in Germany, report says

29th Jul 2026 13:50

(Sharecast News) - BMW is reportedly planning to offer nearly half of its entire German workforce voluntary redundancy as it looks to eliminate 8,000 jobs by the end of next year.

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Chapel Down hails progress across all channels as H1 revenue rises

29th Jul 2026 13:03

(Sharecast News) - English winemaker Chapel Down reported a rise in first-half sales on Wednesday as it expressed confidence in meeting market expectations for the full year.

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