News Archive

UAE to exit Opec and Opec+ from 1 May

28th Apr 2026 13:58

(Sharecast News) - The United Arab Emirates announced on Tuesday that it is exiting the Organization of the Petroleum Exporting Countries (Opec) and Opec+ with effect from 1 May.

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Spotify Q2 operating income guidance disappoints, shares drop

28th Apr 2026 13:48

(Sharecast News) - Spotify shares fell on Tuesday after the Swedish music streamer posted growth in first-quarter revenue and subscriber numbers and record operating income, but second-quarter guidance disappointed.

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Everyman still reporting losses despite improved revenue, admissions

28th Apr 2026 13:38

(Sharecast News) - Everyman Media Group reported growth in revenue, admissions and market share for 2025 on Tuesday, although the premium cinema operator remained loss-making and net debt increased.

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Idox urges shareholders to accept Frankel offer ahead of planned AIM cancellation

28th Apr 2026 13:21

(Sharecast News) - Idox said on Tuesday that it had applied to cancel the admission of its shares to trading on AIM after Frankel UK Bidco's recommended takeover offer was declared unconditional.

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Citi lowers Sainsbury's to 'neutral'

28th Apr 2026 13:21

(Sharecast News) - Citi downgraded supermarket chain Sainsbury's from 'buy' to 'neutral' and lowered its target price on the stock from 377p to 335p on Tuesday following the group's "broadly in-line FY26 results" and weaker-than- expected FY27 EBIT guidance.

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Greatland Resources reports strong quarterly cash build

28th Apr 2026 13:18

(Sharecast News) - Greatland Resources reported a record quarterly cash build of $260m in the March quarter on Tuesday, supported by strong production at Telfer, high gold recoveries and elevated realised gold prices.

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Serabi shares rise on updated mineral resource

28th Apr 2026 13:15

(Sharecast News) - Serabi Gold said on Tuesday that updated mineral resource and reserve estimates had increased its consolidated measured and indicated resources to 730,800 ounces of contained gold, following the first year of the second phase of its brownfield exploration programme in Brazil.

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General Motors lifts profit guidance after $500m tariff refund

28th Apr 2026 11:55

(Sharecast News) - General Motors shares were on the rise in pre-market trade on Tuesday after the Chevrolet, Buick, GMC and Cadillac manufacturer upgraded its full-year outlook on the back of a $500m tariff refund and a first-quarter earnings beat.

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Kimberly-Clark reaffirms outlook on robust Q1

28th Apr 2026 11:49

(Sharecast News) - Kimberly-Clark reiterated its full-year outlook on Tuesday, after robust demand for its personal care and hygiene brands helped lift first-quarter earnings.

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Mkango subsidiary to open German magnet recycling, manufacturing plant

28th Apr 2026 11:38

(Sharecast News) - Mkango Resources said on Tuesday that its HyProMag subsidiary would officially open its rare earth magnet recycling and manufacturing plant in Pforzheim, Germany, marking a further step in the commercialisation of its recycling technology in Europe.

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Asia report: Most markets fall as BoJ holds rates

28th Apr 2026 11:31

(Sharecast News) - Asia-Pacific markets closed mostly lower on Tuesday as investors assessed uncertainty around US-Iran negotiations, while oil prices rose sharply on renewed focus on the Strait of Hormuz.

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UPS upbeat after 'transitional' first quarter

28th Apr 2026 11:23

(Sharecast News) - UPS posted lower sales and profits on Tuesday while reiterating full-year guidance, following a "critical transition" during the first quarter.

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Tullow Oil confident after fall in full-year revenue, earnings

28th Apr 2026 10:58

(Sharecast News) - Tullow Oil reported a sharp fall in 2025 revenue and earnings on Tuesday as production declined, but said it had laid "significant foundations" for value creation after asset disposals, cost reductions and a comprehensive refinancing completed in April.

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Howden Joinery makes positive start to year

28th Apr 2026 10:53

(Sharecast News) - Howden Joinery said on Tuesday that it had made a positive start to 2026, with trading in line with its full-year outlook after underlying group revenue rose in the first 16 weeks of the year.

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London midday: FTSE pushes higher as BP, Shell rally

28th Apr 2026 10:49

(Sharecast News) - London stocks were in the black by midday on Tuesday, led higher by BP and Shell after well-received results from the former and as oil prices rose amid reports that Donald Trump is unhappy with Iran's peace proposal.

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