News Archive

Director dealings: Next director makes share purchase

12th Aug 2026 14:35

(Sharecast News) - Next revealed on Wednesday that independent non-executive director Jeni Mundy had acquired 160 ordinary shares in the FTSE 100-listed retailer.

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Broker tips: Raspberry Pi, Tesco, Informa, Ocado

12th Aug 2026 14:30

(Sharecast News) - Analysts at Berenberg initiated coverage of Raspberry Pi with a 'hold' recommendation and 670p target price on Wednesday, saying the group's long‑term growth potential was clear but balanced by structural risks, forecasting challenges and near‑term margin uncertainty.

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US open: Stocks higher as inflation cools in July

12th Aug 2026 14:29

(Sharecast News) - Major indices opened higher on Wednesday as traders digested July's all-important inflation report.

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Europe close: Shares fall as US inflation eases but rate hike risks linger

12th Aug 2026 14:21

(Sharecast News) - European shares closed lower on Wednesday as traders assessed an easing in US inflation and an attack on a cargo ship in the Red Sea by Iran-backed Houthi rebels that killed six people.

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FTSE 100 movers: Fresnillo shines; Tesco hit by ShoreCap downgrade

12th Aug 2026 14:12

(Sharecast News) - London's FTSE 100 was down 0.1% at 10,829.66 in afternoon trade on Wednesday.

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Shore Capital downgrades Tesco to 'hold', says it's time to pause for breath

12th Aug 2026 14:10

(Sharecast News) - Shore Capital downgraded Tesco on Wednesday to 'hold' from 'buy' and suggested investors pause for breath.

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FTSE 250 movers: Ocado, Balfour Beatty soar; Raspberry Pi slips

12th Aug 2026 13:53

(Sharecast News) - FTSE 250 (MCX) 24,914.40 0.46%

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Thursday preview: UK GDP, Antofagasta results eyed

12th Aug 2026 13:31

(Sharecast News) - The UK corporate calendar will get a little busier on Thursday, with full-year results from Grosvenor Casinos owner Rank Group and first-half results from Chilean copper miner Antofagasta, Ladbrokes owner Entain and Savills.

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Frasers putting 'finishing touches' on Harvey Nichols rescue deal - report

12th Aug 2026 13:29

(Sharecast News) - Mike Ashley's Frasers Group is reportedly putting the finishing touches to a rescue deal for department store chain Harvey Nichols.

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US headline CPI reading dips to 3.4pc in July

12th Aug 2026 13:13

(Sharecast News) - US inflation eased in July, with the headline consumer price index slipping to 3.4% year‑on‑year, down from 3.5% in June, as petrol prices fell, even as the economic impact of the conflict in Iran continued to filter through.

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US mortgage applications rise 3.6pc

12th Aug 2026 12:37

(Sharecast News) - US mortgage applications rose 3.6% in the week ended 7 August, according to the Mortgage Bankers Association, the strongest increase in two months and a rebound after two consecutive declines.

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Tui Q3 profits drop amid softer demand, higher fuel costs

12th Aug 2026 12:31

(Sharecast News) - Travel firm Tui reported a fall in third-quarter operating profit on Wednesday as fuel costs rose and demand weakened due to geopolitical uncertainty.

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Citi reiterates 'buy' on Informa, hails 'resilient' growth in B2B live events

12th Aug 2026 11:22

(Sharecast News) - Citi lifted its price target on Informa on Wednesday to 1,090p from 990p and reiterated its 'buy' rating as it said its positive view is underpinned by resilient growth in B2B live events, strong revenue visibility, and exposure to structural growth.

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US pre-open: Futures rise as traders brace for July CPI release

12th Aug 2026 11:10

(Sharecast News) - Wall Street futures were in the green ahead of the open on Wednesday as traders looked ahead to July's all-important inflation report.

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London midday: FTSE nudges up as investors eye US inflation print

12th Aug 2026 10:50

(Sharecast News) - London stocks had nudged higher by midday on Wednesday, helped along by solid performances from housebuilders and miners, but gains were muted after fresh attacks on shipping in the Middle East and ahead of a key US inflation reading.

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