News Archive

US retail sales rise more than expected

16th Sep 2026 14:27

(Sharecast News) - Retail sales across the United States rose by the most in five months in August, according to data from the Census Bureau on Wednesday, more than offsetting the previous month's decline.

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US import and export prices rise in August

16th Sep 2026 14:18

(Sharecast News) - US import and export prices both rose in August, with the latest Bureau of Labor Statistics data showing broad‑based strength across goods.

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FTSE 100 movers: Baratt gains after results; M&S drops

16th Sep 2026 14:00

(Sharecast News) - London's FTSE 100 was up 0.4% at 10,704.77 in afternoon trade on Wednesday.

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Mike Ashley's son-in-law appointed chairman of Hugo Boss

16th Sep 2026 13:07

(Sharecast News) - Hugo Boss said on Wednesday that it has appointed Michael Murray - Mike Ashley's son-in-law - as its new chairman.

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US mortgage applications fall 4.1pc as mortgage rates hit 16‑month high

16th Sep 2026 12:34

(Sharecast News) - US mortgage applications fell 4.1% in the second week of September, according to the Mortgage Bankers Association, extending the 2.7% decline seen previously and marking the sharpest drop in seven weeks.

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Europe midday: Stoxx up as investors eye Fed rate decision

16th Sep 2026 11:01

(Sharecast News) - European shares were higher on Wednesday with attention firmly focused on a rate decision from the US Federal Reserve later in the day.

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London midday: Stocks turn higher as housebuilders rally; Fed eyed

16th Sep 2026 10:54

(Sharecast News) - London stocks had turned positive by midday on Wednesday, underpinned by strength in the housebuilding sector after well-received results from Barratt, as investors digested UK inflation figures and looked ahead to an expected rate hike by the Federal Reserve.

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Entain to cut 400 jobs in customer care division

16th Sep 2026 10:52

(Sharecast News) - Ladbrokes owner Entain is planning to cut around 400 jobs in its customer care division amid an "increasingly challenging operating environment".

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US pre-open: Futures tick up with Fed rate call in focus

16th Sep 2026 10:50

(Sharecast News) - Wall Street futures were in the green ahead of the opening bell on Wednesday as traders awaited a key Federal Reserve rate decision that could mark the start of a fresh tightening phase over the coming months.

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Eurozone industrial production falls for second month

16th Sep 2026 10:30

(Sharecast News) - Industrial production in the eurozone edged lower in July, official data showed on Wednesday, as a sharp decline in non-durable consumer goods output offset growth elsewhere.

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System1 rejects fourth takeover offer from Brave Bison

16th Sep 2026 10:09

(Sharecast News) - Market research firm System1 Group said on Wednesday that it has rejected a fourth takeover offer of £47.5m from Brave Bison, arguing that it materially undervalues the company.

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Supermarket Income REIT gives confident outlook as portfolio tops £2bn

16th Sep 2026 09:29

(Sharecast News) - Supermarket Income REIT has reiterated its target for minimum annual dividend growth of 2% from the current financial year after expanding its portfolio to more than £2bn during FY26.

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Asia report: Stocks rise ahead of Fed meeting as oil prices retreat

16th Sep 2026 09:28

(Sharecast News) - Asian stock markets advanced on Wednesday as oil prices pulled back from a four-month high, while chip and AI-related shares rebounded after a brutal sell-off.

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Moonpig trading in line, FY outlook reaffirmed

16th Sep 2026 09:10

(Sharecast News) - Online greeting cards and gifts retailer Moonpig reaffirmed its full-year outlook on Wednesday as it said trading has been in line with its expectations since the start of the year.

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Barratt Redrow FY completions rise, statutory profits up 48pc

16th Sep 2026 08:48

(Sharecast News) - UK homebuilder Barratt Redrow reported a solid full-year operational performance on Wednesday, delivering 17,667 home completions, up 5% on the prior year and near the top end of guidance, while statutory pre-tax profits jumped 48.2% to £363.5m.

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