News Archive

Canada's billionaire Weston family to buy Boots in £6.7bn deal

7th Oct 2026 15:25

(Sharecast News) - Canada's billionaire Weston family has agreed to buy The Boots Group from US private equity firm Sycamore Partners for $8.9bn (£6.7bn).

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US open: Stocks lower as bond yields and oil resume their climb

7th Oct 2026 15:24

(Sharecast News) - Major indices were in the red at the opening bell on Wednesday as both Treasury yields and oil prices pushed higher.

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Nick Prettejohn to succeed Aubrey Adams as Tritax chair

7th Oct 2026 15:10

(Sharecast News) - Tritax Big Box REIT said on Wednesday that it has appointed Nick Prettejohn as its next chair.

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Broker tips: Hostelworld, Netcall

7th Oct 2026 14:14

(Sharecast News) - Berenberg cut its price target on Hostelworld to 150p from 171p on Wednesday, citing a weaker Q3 shaped by geopolitical headwinds, though it kept its 'buy' rating on the stock and said the group's shift to its social‑driven platform continues to underpin the long‑term investment case.

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FTSE 250 movers: Pennon tanks; Ocado, Avon surge

7th Oct 2026 14:06

(Sharecast News) - FTSE 250 (MCX) 24,086.31 -0.53%

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CRH to buy NCC Industry's operations in Denmark, Finland

7th Oct 2026 14:05

(Sharecast News) - Building materials provider CRH said on Wednesday that it has agreed to buy NCC Industry's operations in Denmark and Finland from Swedish construction firm NCC AB for an undisclosed sum.

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Canaccord Genuity bumps up target price on Netcall

7th Oct 2026 13:53

(Sharecast News) - Analysts at Canaccord Genuity lifted their target price on Netcall to 170p from 160p on Wednesday, saying accelerating cloud momentum and a stronger medium‑term earnings profile support further upside.

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Berenberg lowers target price on Hostelworld

7th Oct 2026 13:47

(Sharecast News) - Berenberg cut its price target on Hostelworld to 150p from 171p on Wednesday, citing a weaker Q3 shaped by geopolitical headwinds, though it kept its 'buy' rating on the stock and said the group's shift to its social‑driven platform continues to underpin the long‑term investment case.

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Director dealings: First Property Group CEO raises stake

7th Oct 2026 13:45

(Sharecast News) - First Property Group revealed on Wednesday that chief executive Ben Habib had acquired 300,000 shares in the AIM-listed property fund manager.

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Porsche targets stronger margins with new 2035 strategy

7th Oct 2026 13:32

(Sharecast News) - Porsche set out plans on Wednesday to lift profitability and cut its reliance on sales volumes, as the sports-car maker unveiled a new strategy running through to 2035.

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Hostelworld warns FY earnings will miss consensus expectations

7th Oct 2026 12:58

(Sharecast News) - Hostelworld warned on Wednesday that its full-year earnings would fall short of analysts' expectations, partly due to the conflict in the Middle East weighing on volumes.

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Metlen mulls possible Athens listing of METKA division

7th Oct 2026 12:33

(Sharecast News) - Metlen Energy & Metals said on Wednesday that it is considering a potential stock market listing of its infrastructure business METKA Group on Euronext Athens.

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US mortgage applications fall for fifth-straight week

7th Oct 2026 11:58

(Sharecast News) - US mortgage applications fell 4.2% in the week ended 2 October, according to the Mortgage Bankers Association, marking a fifth straight decline and taking activity to its lowest level since January 2025.

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Ocado said to be in early talks with Coles over robots in stores, shares jump

7th Oct 2026 11:39

(Sharecast News) - Ocado surged on Wednesday following a report that Australia's Coles is exploring the use of robots in its supermarkets to pick and pack grocery orders and is in early stage talks with the London-listed company about trialling the technology in one of its Melbourne stores.

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Europe midday: Shares extend losses as rally fizzles out on higher bond yields, oil

7th Oct 2026 11:19

(Sharecast News) - European shares were down sharply on Wednesday, snapping a three-day winning streak bond yields rose again and oil prices sat above $100 a barrel after Houthi attacks on Saudi oil pipelines disrupted the recent supply recovery.

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