News Archive

CVS Health lifts full-year earnings guidance

6th May 2026 12:53

(Sharecast News) - Shares in CVS Health rallied in pre-market trade on Wednesday after the US health insurance provider and pharmacy chain owner lifted its full-year earnings guidance as it posted better-than-expected earnings for the first quarter.

Read more

US pre-open: Futures higher as Trump signals great progress in Iran talks

6th May 2026 12:31

(Sharecast News) - Wall Street futures were in the green ahead of the bell on Wednesday fter Donald Trump claimed "great progress" had been made toward securing an agreement with Iran, somewhat easing geopolitical pressures.

Read more

Europe midday: Shares soar, oil plunges as Iran hints Hormuz strait could open

6th May 2026 11:49

(Sharecast News) - European shares powered ahead and oil prices plunged below $100 a barrel on Wednesday following a report that Iran suggested the Strait of Hormuz could reopen after US President Donald Trump paused an operation to protect ships in the waterway amid "great progress" on a on a peace deal.

Read more

Continental AG shares surge as Q1 results top estimates

6th May 2026 11:44

(Sharecast News) - Shares in Continental AG raced ahead in Frankfurt on Wednesday after the tyre and automotive tech group reported first-quarter results that beat analysts' expectations

Read more

Lufthansa sees strong demand despite Iran war; Plans fare hikes, cost cuts

6th May 2026 11:41

(Sharecast News) - German flag carrier Lufthansa held 2026 earnings guidance on Wednesday, saying it would hike fares and cut costs to mitigate the €1.7bn impact of the Iran war on jet fuel prices.

Read more

Renishaw reaffirms outlook on bumper third quarter

6th May 2026 11:16

(Sharecast News) - Renishaw reaffirmed full-year guidance on Wednesday despite mounting geopolitical headwinds, following a surge in third-quarter revenues.

Read more

London midday: FTSE surges, oil tumbles amid US-Iran peace hopes

6th May 2026 10:52

(Sharecast News) - London stocks had surged by midday on Wednesday, extending earlier strong gains as oil prices tumbled amid renewed hopes of a peace deal between the US and Iran.

Read more

Zalando's AI push helps Q1 growth

6th May 2026 10:51

(Sharecast News) - Zalando reported stronger first-quarter growth on Wednesday, as the integration of About You and wider use of artificial intelligence helped lift sales, customer numbers and profitability.

Read more

Vanquis on track after first quarter profit

6th May 2026 10:44

(Sharecast News) - Vanquis Banking Group said on Wednesday that it remained on track to deliver a low double-digit statutory return on tangible equity for 2026 after reporting statutory profit in the first quarter and further growth in customer balances.

Read more

UK service sector picks up but inflationary pressures mount

6th May 2026 10:41

(Sharecast News) - The UK service sector continued to grow in April, a closely-watched survey showed on Wednesday, despite the Middle East crisis causing a sharp spike in input price inflation.

Read more

Pawnbroker Ramsdens lifts full-year profit outlook, shares spark

6th May 2026 10:31

(Sharecast News) - Pawnbroker Ramsdens Holdings lifted its full-year profit outlook on Wednesday as it pointed to strength in the precious metals division but sounded a more cautious note about the forex segment.

Read more

Equinor shares slide on weaker-than-expected cash flow

6th May 2026 10:24

(Sharecast News) - Equinor shares fell sharply on Wednesday after weaker-than-expected cash flow overshadowed record production and its strongest quarterly profit in three years, as the Norwegian oil group benefited from surging energy prices linked to the Iran war.

Read more

Asia report: Kospi leads gains as oil prices retreat

6th May 2026 10:24

(Sharecast News) - Asia-Pacific markets rallied on Wednesday, tracking gains on Wall Street after oil prices dropped sharply and strong earnings lifted investor sentiment, while South Korea's Kospi hit another record.

Read more

Orsted keeps guidance after solid Q1 profit growth

6th May 2026 10:20

(Sharecast News) - Ørsted kept its full-year guidance as it managed to grow first-quarter profits more than expected, though shares in the Danish wind farm developer dropped on Wednesday following a solid recovery so far this year.

Read more

Target Healthcare REIT reports further asset growth

6th May 2026 10:16

(Sharecast News) - Target Healthcare REIT reported further growth in net tangible assets and earnings in the March quarter on Wednesday, supported by inflation-linked rent reviews and asset management activity.

Read more