News Archive

US close: Wall Street rallies into Thanksgiving break

26th Nov 2025 22:31

(Sharecast News) - Major indices closed higher on Wednesday as stocks extended their recent winning streak for another session.

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Evoke withdraws medium-term targets after Budget tax changes

26th Nov 2025 18:41

(Sharecast News) - Evoke withdrew its medium-term financial targets on Wednesday in response to the gambling tax rises announced in the Budget, which it expects to increase duty costs by about £125m to £135m on annualised basis once fully implemented.

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Entain estimates £200m annual additional costs from new gambling taxes

26th Nov 2025 18:03

(Sharecast News) - Ladbrokes owner Entain said on Wednesday that its UK & Ireland online business would incur annualised additional costs of around £200m from the changes to gambling taxes announced in the Budget.

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Rank Group says Budget changes to dent annual operating profit by £40m

26th Nov 2025 17:52

(Sharecast News) - Grosvenor Casinos and Mecca Binga owner Rank Group said on Wednesday that the new measures announced in the Budget are expected to dent annual operating profit by around £40m before mitigation.

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Europe close: Stocks higher as investors pore over UK Budget

26th Nov 2025 16:33

(Sharecast News) - European equities rose on Wednesday as investors increased bets on a US interest rate cut next month and assessed the UK government's heavily trailed Budget, which set out £26bn in tax rises to stabilise public finances.

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FTSE 100 movers: Entain reverses earlier losses, St James's Place gains

26th Nov 2025 14:51

(Sharecast News) - London's FTSE 100 was up 0.9% at 9,695.57 in afternoon trade on Wednesday.

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S&P 500 could surpass 8,000 next year, says JPMorgan

26th Nov 2025 14:46

(Sharecast News) - In its global equity outlook for 2026, JPMorgan said on Wednesday that the S&P 500 could surpass 8,000 next year.

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St James's Place, IG Group jump on stamp duty holiday, ISA reform

26th Nov 2025 14:35

(Sharecast News) - Wealth manager St James's Place and online trading platform IG Group rallied on Wednesday after Chancellor Rachel Reeves confirmed a stamp duty holiday for newly-listed London shares and ISA reforms to encourage investment in UK equities, and announced plans for new investing hubs.

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FTSE 250 movers: IG, Rank surge on UK Budget measures

26th Nov 2025 14:27

(Sharecast News) - FTSE 250: 21,817.04. Up 199.63 (0.92%)

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Broker tips: Senior, Genus, GB Group

26th Nov 2025 14:25

(Sharecast News) - Jefferies has raised its target price for Senior from 185p to 230p on Wednesday despite the recent pullback in the stock following last week's trading update, predicting further upside from current prices.

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Deere & Co points to another profit slump in 2026

26th Nov 2025 14:21

(Sharecast News) - Agricultural equipment giant Deere & Co beat forecasts with its fourth-quarter results on Wednesday, though shares fell on Wall Street as the company pointed to another sharp slump in earnings this year.

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US durable goods orders rise 0.5pc in September

26th Nov 2025 13:57

(Sharecast News) - US durable goods orders rose modestly in September, according to the Census Bureau.

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US open: Stocks higher ahead of Thanksgiving break

26th Nov 2025 13:52

(Sharecast News) - Major indices were in the green early on Wednesday as stocks looked set to extend their recent winning streak ahead of the Thanksgiving break.

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Director dealings: Beauty Tech Group director snaps up shares

26th Nov 2025 13:51

(Sharecast News) - The Beauty Tech Group revealed on Wednesday that non-executive director Simon Cooper had acquired 19,510 ordinary shares in the London-listed home beauty technology firm.

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Caledonian Holdings agrees to acquire Aspire Commerce for £1

26th Nov 2025 13:48

(Sharecast News) - Caledonian Holdings announced on Wednesday that it has agreed to acquire fintech platform Aspire Commerce Group for £1, in a deal that would also see the AIM-traded investor provide short-term funding to support the target's operations ahead of completion.

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