News Archive

FTSE 100 movers: Informa surges; Ithaca gives back some gains

6th Oct 2026 14:23

(Sharecast News) - London's FTSE 100 was up 0.3% at 10,529.88 in afternoon trade on Tuesday.

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CD&R, McKesson to buy Option Health Care in $5.8bn deal

6th Oct 2026 14:06

(Sharecast News) - Shares of Option Care Health surged in pre-market trade on Tuesday after private equity firm CD&R and McKesson agreed to buy the provider of home and alternate site infusion services in a $5.8bn deal.

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Uber to buy ezCater for $2.3bn in workplace catering push

6th Oct 2026 13:13

(Sharecast News) - Uber announced on Tuesday that it is spending $2.3bn to buy food marketplace ezCater as it looks to expand its takeaway delivery service further into corporate and group food orders.

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US trade gap widens to $105.6bn in August

6th Oct 2026 12:27

(Sharecast News) - The US trade gap widened in August as imports jumped sharply, according to the Bureau of Economic Analysis, with tthe goods and services deficit increasing to $105.6bn, up from a revised $92.8bn in July, driven by a sizeable rise in goods imports.

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Deutsche Bank bumps up target price on Fevertree Drinks

6th Oct 2026 12:19

(Sharecast News) - Deutsche Bank lifted its target price on Fevertree Drinks from 870p to 900p, but kept its 'hold' rating on the stock, saying the mixer brand faces a tougher backdrop in the US as premium spirits trends soften and ready‑to‑drink cocktails continue to reshape drinking habits.

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Asos shares slump as customers get warning threat of 'hack'

6th Oct 2026 11:58

(Sharecast News) - Shares in Asos slumped almost 12% on Tuesday after thousands of customers received a mobile phone alert claiming the online fast fashion retailer had been hacked.

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Europe midday: Shares, euro rally as French bond yields ease for now

6th Oct 2026 11:05

(Sharecast News) - European shares were sharply higher on Tuesday as French bond yields eased and the euro rallied slightly against the dollar.

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London midday: FTSE rallies but Asos tumbles on reports of cyber hack

6th Oct 2026 11:05

(Sharecast News) - London stocks were still in the black by midday, having taken their cue from a solid session on Wall Street, where the Nasdaq hit a closing high, as investors mulled the latest reading on the UK construction sector.

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Eurozone construction downturn remains sharp in September

6th Oct 2026 10:36

(Sharecast News) - Construction activity across the eurozone remained firmly in contraction territory in September, with housebuilding suffering its steepest decline in more than a year and a half, according to a survey released on Tuesday.

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Eurozone retail sales inch higher

6th Oct 2026 10:35

(Sharecast News) - Eurozone retail sales edged higher in August, partly reversing the previous month's decline, according to figures released by Eurostat on Tuesday.

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UK construction downturn eases in September

6th Oct 2026 10:24

(Sharecast News) - The downturn in the UK construction sector eased somewhat in September, according to a survey released on Tuesday.

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US pre-open: Futures firmer with bond yields easing from multi‑decade highs

6th Oct 2026 10:14

(Sharecast News) - Wall Street futures were in the green ahead of the opening bell on Tuesday as Treasury yields headed south.

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Kenmare Resources confirms takeover proposal from IRH, shares surge

6th Oct 2026 09:50

(Sharecast News) - Shares of Kenmare Resources surged on Tuesday after the Mozambique-focused titanium minerals producer confirmed it has received a non-binding takeover proposal from Abu Dhabi's International Resources Holdings (IRH).

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Genmab jumps after positive trial of AbbVie-partnered lymphoma drug

6th Oct 2026 08:47

(Sharecast News) - Shares in Danish biotech group Genmab jumped to a three-year high on Tuesday after a late-stage trial of its lymphoma treatment developed with AbbVie delivered better outcomes than the current standard therapy.

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HgCapital Trust to book £18m uplift from Gen II exit

6th Oct 2026 08:11

(Sharecast News) - HgCapital Trust said on Tuesday that the sale of fund administrator Gen II to KKR would value its investment at around £71m, representing a £18m uplift to its previous carrying value.

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