News Archive

Berenberg lowers target price on SSP

4th Aug 2026 08:00

(Sharecast News) - Analysts at Berenberg nudged their price target on food and beverage outlets operator SSP down to 230p from 245p, but kept their 'buy' rating on the stock, saying the firm's core value was becoming clearer as operational delivery improves and strategic actions begin to take hold.

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Europe open: Stoxx hits new high on Wall Street; Oil majors cash in on war

4th Aug 2026 07:53

(Sharecast News) - European shares hit a fresh high on Tuesday on the back of a new record close for the Dow Jones in New York and optimism around a de-escalation of US-Iran tensions.

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Segro to be taken over by Prologis in £14.3bn deal

4th Aug 2026 07:48

(Sharecast News) - Segro said on Tuesday that it has agreed to be taken over by US logistics giant Prologis in a £14.3bn deal.

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Coca-Cola Europacific Partners reports Q2 slowdown, reaffirms guidance

4th Aug 2026 07:47

(Sharecast News) - Shares in UK-based Coca-Cola Europacific Partners dropped on Tuesday after the company's first-half results underwhelmed, with the company keeping full-year guidance unchanged as revenue and volume growth both slowed in the second quarter.

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Lufthansa Q2 profits slump amid volatile jet‑fuel prices, geopolitical headwinds

4th Aug 2026 07:39

(Sharecast News) - German airline Deutsche Lufthansa reported a sharp drop in second‑quarter profits and cut its full‑year guidance on Tuesday, as volatile jet‑fuel prices and geopolitical disruption continued to weigh on continental carriers.

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London pre-open: Stocks to rise amid raft of earnings; BP, HSBC in focus

4th Aug 2026 07:37

(Sharecast News) - London stocks were set to gain at the open on Tuesday following a solid session on Wall Street, as investors continued to mull the latest developments in the US-Iran conflict and amid earnings from the likes of HSBC and BP.

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Metro Bank posts record half‑year profit as lending surges

4th Aug 2026 07:32

(Sharecast News) - Metro Bank reported its most profitable half on record on Tuesday, with underlying profit before tax rising 34% year‑on‑year to £61m, driven by strong lending growth and continued improvement in returns.

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Wizz Air July passenger numbers surge by 31%

4th Aug 2026 07:23

(Sharecast News) - Wizz Air said July passenger numbers rose 31.6% year‑on‑year to 8.36m, with capacity up 30.4% to 8.91m seats. The airline reported a load factor of 93.7%, an improvement of 0.9 percentage points from last year.

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London close: FTSE ends a little firmer as miners rally, energy giants slide

4th Aug 2026 07:22

(Sharecast News) - London stocks ended a little higher on Tuesday, underpinned by strength in the mining sector, but with energy giants Shell and BP under pressure as oil prices tumbled after US Treasury Secretary Scott Bessent signalled that a deal to open the Strait of Hormuz was imminent.

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Tuesday newspaper round-up: Tariffs, used EVs, Apple

4th Aug 2026 07:20

(Sharecast News) - A coalition of 25 US states sued the Trump administration on Monday over new tariffs pegged at 10% to 12.5% on goods from 60 trading partners, calling them a pretext for replacing import taxes struck down by the supreme court in February. The states are asking the US Court of International Trade to halt the tariffs, declare them unlawful and order refunds of duties that have already been paid. - Guardian

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BP smashes estimates as Q2 profits more than double

4th Aug 2026 07:17

(Sharecast News) - BP smashed forecasts on Tuesday as second-quarter underlying profits more than doubled on the back of a surge in oil prices, but acknowledged that its operational performance "fell short" of expectations, with upstream plant reliability and refining throughput both lower.

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Asia report: Stocks mixed as investors await US-Iran news

4th Aug 2026 07:17

(Sharecast News) - Stock markets across Asia finished in mixed fashion on Tuesday, as geopolitical uncertainty in the Middle East prompted a reduction in risk appetite.

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SIG losses widen amid ongoing softness in construction activity

4th Aug 2026 07:14

(Sharecast News) - SIG struck a cautious tone on the outlook on Tuesday as it posted a widening of its first-half losses as revenues dipped amid ongoing softness in construction activity across most markets.

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HSBC interims beat expectations with 23% rise

4th Aug 2026 07:02

(Sharecast News) - HSBC posted a better-than-expected 23% jump in first-half profit driven by a strong second quarter on the back of net interest income and fees.

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US close: Stocks jump, Dow hits record on hopes of US-Iran de-escalation

3rd Aug 2026 22:48

(Sharecast News) - US stocks surged on Monday, with the Dow Jones Industrial Average climbing to a new record and the S&P 500 hitting a two-month high, as renewed hopes of a de-escalation in the Middle East sent oil prices firmly lower.

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