News Archive

GE Vernova to buy Trench Group from Tritan Partners for $9bn

28th Oct 2026 12:44

(Sharecast News) - GE Vernova said on Wednesday that it has agreed to buy high-voltage grid equipment maker Trench Group from investment firm Tritan Partners for $9bn.

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US trade gap unexpectedly widens in September as wholesale inventories keep climbing

28th Oct 2026 12:29

(Sharecast News) - The US goods trade deficit widened unexpectedly in September, while wholesale inventories continued to climb, pointing to another quarter in which trade likely dragged on growth even as stock‑building across the wholesale sector remained firm.

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London midday: FTSE stays down ahead of Budget but banks rally

28th Oct 2026 11:55

(Sharecast News) - London stocks were still a little weaker by midday on Wednesday as investors eyed Chancellor John Healey's first Autumn Budget, although banks rallied following a report the bank tax will be less severe than feared.

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Europe midday: Markets mixed amid bank earnings barrage

28th Oct 2026 11:37

(Sharecast News) - European stock markets diverged on Wednesday as a strong set of bank results drew mixed reactions from investors, while uncertainty was high ahead of US tech earnings and central bank decisions.

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Metro Bank chair to step down

28th Oct 2026 10:59

(Sharecast News) - The chair of Metro Bank Holdings is stepping down after six years in the role, it was confirmed on Wednesday.

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Valhalla deliveries underpin narrowing of losses at Aston Martin

28th Oct 2026 10:51

(Sharecast News) - Aston Martin Lagonda posted a narrowing of its third-quarter losses on Wednesday as revenue rose, boosted by deliveries of its Valhalla supercar.

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US pre-open: Futures mixed as traders brace for tech earnings, Fed decision

28th Oct 2026 10:29

(Sharecast News) - Wall Street futures were mixed ahead of the open on Wednesday as market participants braced for quarterly earnings reports from big-name tech firms and the outcome of the Federal Reserve's two-day policy meeting.

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Stellantis shares surge as Q3 losses narrow

28th Oct 2026 10:27

(Sharecast News) - Shares in Stellantis surged in Milan on Wednesday after the auto giant reported a sharp narrowing of third-quarter losses as revenues increased, with the Jeep and Peugeot owner reaffirming its full-year guidance.

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S4 Capital cuts FY revenue outlook, shares slide

28th Oct 2026 09:55

(Sharecast News) - Shares of S4 Capital slid on Wednesday after the advertising, marketing and technology services company cut its full-year revenue outlook.

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Hunting cuts FY profit guidance amid Middle East disruption

28th Oct 2026 09:17

(Sharecast News) - Energy services company Hunting cut its full-year profit guidance on Wednesday as it pointed to disruption from the conflict in the Middle East.

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Hunting cuts FY profit guidance amid Middle East disruption

28th Oct 2026 09:17

(Sharecast News) - Energy services company Hunting cut its full-year profit guidance on Wednesday as it pointed to disruption from the conflict in the Middle East.

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Unilever lifts FY guidance on stronger Q3 volume growth

28th Oct 2026 08:46

(Sharecast News) - Consumer goods giant Unilever upgraded its full‑year guidance on Wednesday after delivering another quarter of solid volume‑led growth, with underlying sales up 5.2% and turnover rising 6.7% to €13.3bn.

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US mortgage applications increase 3.4pc as borrowing costs decline

28th Oct 2026 08:02

(Sharecast News) - US mortgage applications increased 3.4% in the week ended 23 October, according to the Mortgage Bankers Association of America, snapping a seven‑week slide that had taken activity to its lowest level since January 2025.

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London open: FTSE falls ahead of Budget; StanChart jumps on results

28th Oct 2026 08:01

(Sharecast News) - London stocks fell in early trade on Wednesday as investors eyed Chancellor John Healey's first Autumn Budget.

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Elementis lifts full-year profit outlook

28th Oct 2026 08:00

(Sharecast News) - Elementis lifted its full-year profit outlook on Wednesday despite mixed market conditions.

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