News Archive

Deutsche downgrades Essentra to 'hold', shares tumble

13th Apr 2026 14:05

(Sharecast News) - Essentra tumbled on Monday after Deutsche Bank downgraded the shares to 'hold' from 'buy' and cut the price target to 100p from 150p as it said medium-term targets appear increasingly challenging.

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Saba Capital thanks EWIT shareholders after rejection of tender offer

13th Apr 2026 13:15

(Sharecast News) - Activist investor Saba Capital thanked shareholders of Edinburgh Worldwide Investment Trust on Monday after they rejected the company's "deeply flawed" proposal for a tender offer.

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Cambridge Cognition reports return to growth in new sales orders

13th Apr 2026 12:55

(Sharecast News) - Cambridge Cognition reported a return to growth in new sales orders for 2025 on Monday, alongside an expanding order book and improving financial position, despite a decline in revenue reflecting a weaker opening backlog.

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Andrada reports positive tungsten test results from Brandberg West

13th Apr 2026 12:51

(Sharecast News) - Andrada Mining reported positive initial tungsten test results from its Brandberg West project in Namibia on Monday, highlighting the potential to extract high-value polymetallic concentrates from historical waste material.

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SysGroup revenue, earnings set to beat full-year expectations

13th Apr 2026 12:48

(Sharecast News) - SysGroup said in an update on Monday that full-year revenue and adjusted EBITDA for the 2026 financial year were expected to come in ahead of market expectations, supported by a stronger second-half performance and continued demand for cybersecurity services.

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EKF Diagnostics acquires technology from Sweden-based Beep Insights

13th Apr 2026 12:44

(Sharecast News) - EKF Diagnostics announced on Monday that it has acquired technology assets from Sweden-based Beep Insights to enhance its sports performance offering, adding real-time glucose and lactate tracking capabilities to its product suite.

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RBC Capital downgrades AB Foods, cites pressure on Primark

13th Apr 2026 12:27

(Sharecast News) - RBC Capital Markets downgraded Associated British Foods on Monday to 'underperform' from 'sector perform' and slashed the price target to 1,850p from 2,050p, sending shares in the Primark owner sharply lower.

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Goldman Sachs beats Q1 estimates with record banking, markets results

13th Apr 2026 12:22

(Sharecast News) - First-quarter profits at Wall Street giant Goldman Sachs surged 19% as the US blue chip posted record numbers across its core banking and markets division, though shares dropped in pre-market trading.

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Volkswagen Group Q1 volumes slip as China, US sales tumble

13th Apr 2026 11:28

(Sharecast News) - Vehicle deliveries at Volkswagen Group fell year-on-year in the first quarter on the back of significant falls in the US and China amid what the company described as a "very challenging" trading environment.

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Rolls-Royce secures government backing for small nuclear reactors

13th Apr 2026 11:22

(Sharecast News) - Rolls-Royce has signed a contract with the UK government and secured nearly £600m of state funding to help develop small modular reactors, it was announced on Monday.

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Europe midday: Shares down on Trump Hormuz threat; Oil surges

13th Apr 2026 11:01

(Sharecast News) - European shares were lower and oil went beyond $100 a barrel on Monday after US President Donald Trump said he would start a blockade of Iranian oil in the Strait of Hormuz in response to the failure of peace talks with Tehran over the weekend.

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US pre-open: Futures retreat as failed Iran talks prompt US naval blockade

13th Apr 2026 11:01

(Sharecast News) - Wall Street futures were in the red prior to the opening bell on Monday after Donald Trump announced a blockade of the Strait of Hormuz, with weekend peace talks between Washington and Tehran ending without an agreement.

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Calnex flags double-digit revenue growth, improved profitability

13th Apr 2026 11:01

(Sharecast News) - Calnex Solutions reported double-digit revenue growth and improved profitability for the 2026 financial year on Monday, with trading slightly ahead of market expectations as the group continued to diversify beyond its core telecoms market.

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Polar Capital reports 8pc rise in assets under management

13th Apr 2026 10:55

(Sharecast News) - Polar Capital reported an 8% rise in assets under management in the final quarter of its financial year on Monday, driven by net inflows and positive market performance despite heightened geopolitical uncertainty.

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Polar Capital reports 8pc rise in assets under management

13th Apr 2026 10:55

(Sharecast News) - Polar Capital reported an 8% rise in assets under management in the final quarter of its financial year on Monday, driven by net inflows and positive market performance despite heightened geopolitical uncertainty.

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