News Archive
TT Electronics reports mixed trading, in line with expectations
15th May 2026 11:36
(Sharecast News) - TT Electronics said on Friday that trading in the first four months of 2026 was in line with expectations, as weaker demand in its electronic manufacturing services markets offset continued strength in aerospace and defence.
Read moreBlackstone, CD&R among PE firms exploring bids for Magnum - report
15th May 2026 11:36
(Sharecast News) - Shares of Magnum Ice Cream Company surged on Friday following a report that Blackstone and CD&R are among private equity firms in the early stages of exploring bids for the company.
Read moreBerenberg highlights Card Factory's 'deep value' but says patience is required
15th May 2026 11:06
(Sharecast News) - Berenberg downgraded Card Factory on Friday to 'hold' from 'buy' as it took a look at UK mid-cap general retail.
Read moreJPMorgan reiterates 'overweight' on Aegon, double-upgrades Standard Life
15th May 2026 10:23
(Sharecast News) - JPMorgan reiterated its 'overweight' stance on Aegon on Friday and double-upgraded Standard Life as it said the sale of Aegon UK to Standard Life is highly likely to receive regulatory approval, which would be "very positive for both".
Read moreOil prices rise as Trump says China wants to buy US crude
15th May 2026 09:40
(Sharecast News) - Oil prices rose on Friday after US President Donald Trump said that China had agreed to buy oil from the US.
Read moreCiti upgrades Aberdeen to 'buy' from 'neutral'
15th May 2026 09:07
(Sharecast News) - Citi upgraded Aberdeen on Friday to 'buy' from 'neutral/high risk' as it said there was "still lots to play for".
Read moreGautam Adani reaches settlement deal in US criminal fraud case
15th May 2026 08:41
(Sharecast News) - Indian billionaire Gautam Adani and his nephew have settled a civil fraud lawsuit brought by the Securities and Exchange Commission regarding alleged bribery and fraud tied to the Adani Green's solar contracts in India.
Read moreEurope open: Shares fall, bond yields up on latest UK political drama
15th May 2026 08:13
(Sharecast News) - European shares fell sharply at the open on Friday following a weak session in Asia, as traders eyed the US-China talks and ongoing political turmoil in the UK.
Read moreLondon open: FTSE and sterling fall, borrowing costs rise as Burnham plans Westminster return
15th May 2026 07:59
(Sharecast News) - London stocks slumped in early trade on Friday, along with the pound, while borrowing costs shot higher as investors reacted to the prospect of Andy Burnham's potential return to Westminster.
Read moreUnite on track to hit targets as reservation rates rise
15th May 2026 07:38
(Sharecast News) - Student accommodation group Unite said it is on track to hit full-year guidance with reservations for the 2026/27 academic year in line with expectations.
Read moreLondon pre-open: Stocks to drop, pound hit as Burnham confirms plans to return to Wesminter
15th May 2026 07:34
(Sharecast News) - London stocks were set to slide at the open on Friday, with sterling under pressure amid the prospect of Andy Burnham's return to Westminster.
Read moreFriday newspaper round-up: Postal deserts, Philip Morris, Applied Materials, Elon Musk
15th May 2026 07:16
(Sharecast News) - The owner of WH Smith's former high street business is aiming to change contracts with the Post Office to make it easier to close outlets within its stores, increasing fears that communities will become "postal deserts". TG Jones operates 180 post offices and it is understood that as many as 60 could be closed under a restructuring plan by Modella, the private equity group that renamed the WH Smith high street chain as TG Jones after buying it last year. - Guardian
Read moreGrafton Group sees profit growth but warns of impact from Iran war
15th May 2026 07:08
(Sharecast News) - Construction products distributor Grafton Group said it delivered a "resilient" start to 2026 and guided to an improvement in profits this year, but warned that rising cost pressures due to the Iran war could dent market demand and volumes.
Read moreCentrica to pay £20m in redress over prepayment meter scandal
15th May 2026 07:04
(Sharecast News) - Centrica unit British Gas has agreed to pay £20m in redress after debt collectors working on behalf of the company broke into the homes of customers - including residents who were vulnerable or had disabilities.
Read moreUS close: Chip stocks lift markets amid Trump-Xi summit
14th May 2026 20:41
(Sharecast News) - Strong corporate earnings and big gains in the chip sector powered US stock markets to new records on Thursday, with the S&P 500 and Nasdaq once again finishing at new peaks.
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