News Archive

Europe close: Stocks end lower as tech names fall

13th Oct 2026 15:44

(Sharecast News) - European shares failed to hold on to gains on Tuesday, ending the session a touch lower, with tech stocks under pressure after a selloff in Asia amid persistent concerns over the actual strength of the artificial intelligence sector.

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Wednesday preview: More US bank earnings due

13th Oct 2026 15:34

(Sharecast News) - Wednesday will bring more US bank earnings, with quarterly results from Bank of America and Morgan Stanley due, while BlackRock is also slated to report.

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Entain rallies as JV BetMGM hails 'strong' Q3

13th Oct 2026 15:29

(Sharecast News) - Entain rallied on Tuesday after BetMGM - its joint venture with MGM Resorts - hailed a "strong" third-quarter performance and reaffirmed its guidance for the full year.

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Melrose's GKN Aerospace reaches $125m settlement for Garden Grove incident

13th Oct 2026 15:11

(Sharecast News) - Melrose Industries shot higher on Tuesday as it said its GKN Aerospace unit had reached a $125m settlement with authorities in California over a chemical incident at its Garden Grove facility in May, and that it continues to expect a phased return to full capacity at the site in the fourth quarter.

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FTSE 100 movers: Melrose surges; LSEG slumps on potential acquisition

13th Oct 2026 14:57

(Sharecast News) - London's FTSE 100 was 0.1% higher at 10,666.40 in afternoon trade on Tuesday.

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LSEG confirms talks on potential $3.5bn Octus acquisition

13th Oct 2026 14:47

(Sharecast News) - London Stock Exchange Group has confirmed it is in talks with private equity outfit Permira over a potential $3.5bn acquisition of credit intelligence and data provider Octus.

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US existing home sales inch higher in September

13th Oct 2026 14:39

(Sharecast News) - US existing‑home sales ticked higher in September, according to the National Association of Realtors, rising 1.5% on the month but falling 2.2% year‑on‑year to an annualised 3.99m units.

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Broker tips: Serco, Mears, Victorian Plumbing

13th Oct 2026 14:30

(Sharecast News) - Berenberg said Serco and Mears should be the next beneficiaries of renewed interest in the UK outsourcing sector, lifting its target prices on both stocks after the Mitie takeover highlighted what it sees as a clear valuation opportunity.

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US open: Stocks muted at the bell as bank earnings flood in

13th Oct 2026 14:30

(Sharecast News) - Major indices were little changed at the open on Tuesday as third-quarter bank earnings began to roll in.

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Director dealings: Mortgage Advice Bureau chairman snaps up shares

13th Oct 2026 14:15

(Sharecast News) - Mortgage Advice Bureau revealed on Tuesday that non-executive chairman Michael Jones had acquired 5,833 ordinary shares in the AIM-listed property finance platform operator.

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Goldman Sachs equities trading drives bumper Q2

13th Oct 2026 14:07

(Sharecast News) - Shares in Goldman Sachs rose on Tuesday after the US investment bank reported its second-highest quarterly revenue on record, fuelled by a 72% surge in equities trading income.

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FTSE 250 movers: Entain gains, Bytes slides

13th Oct 2026 13:47

(Sharecast News) - FTSE 250 (MCX) 24,379.00 0.21%

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Canaccord Genuity nudges up target price on Victorian Plumbing

13th Oct 2026 13:13

(Sharecast News) - Analysts at Canaccord Genuity lifted their target price on Victorian Plumbing to 135p from 132p on Tuesday and reiterated their 'buy' stance on the back of a stronger‑than‑expected trading update.

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Wells Fargo earnings beat expectations despite weaker‑than‑forecast revenue

13th Oct 2026 12:37

(Sharecast News) - US lender Wells Fargo posted higher third‑quarter profits on Tuesday, as loan growth and firmer interest income continued to support performance, but revenues disappointed.

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Oxford Instruments sees FY in line with views as interim revenue rises

13th Oct 2026 12:29

(Sharecast News) - Oxford Instruments said on Tuesday that full-year results were set to be in line with market expectations as it reported a rise in interim revenue amid strong demand across both divisions.

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