News Archive
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 morePawnbroker 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 moreEquinor 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 moreAsia 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 moreOrsted 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 moreTarget 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 moreGeorgia strength helps lift Q1 profit for TBC Bank
6th May 2026 10:09
(Sharecast News) - TBC Bank Group reported a 15% rise in first-quarter profit and declared a quarterly dividend on Wednesday, as strong performance in Georgia offset weaker profitability in Uzbekistan during a period of heightened global volatility.
Read moreBerenberg hikes target price on Synthomer
6th May 2026 09:41
(Sharecast News) - Analysts at Berenberg hiked their target price on chemicals business Synthomer from 60p to 100p on Wednesday as it said the firm had received "some big, although temporary support" from Iran-linked raw material shortages at Asian peers.
Read morePandora Q1 revenues down 3.3pc amid weak consumer sentiment
6th May 2026 09:40
(Sharecast News) - Jeweller Pandora posted a 3.3% decline in first‑quarter revenues on Wednesday, dropping to DKK 7.11bn (£822.44m) as softer consumer sentiment in North America and continued weakness across parts of Europe weighed on its performance.
Read moreChina services activity unexpectedly grows in April - RatingDog
6th May 2026 09:38
(Sharecast News) - Services activity in China unexpectedly grew in April, according to a private survey released on Wednesday.
Read moreDiageo toasts strong quarter, shares spark
6th May 2026 09:32
(Sharecast News) - Shares in Guinness-owner Diageo fizzed on Wednesday, after the drinks giant reported better-than-expected third-quarter growth, fuelled by strong demand across Europe and Latin America ahead of the football World Cup.
Read moreEurozone private sector contracts as services PMI hits five-year low
6th May 2026 09:22
(Sharecast News) - The eurozone economy slipped back into contraction in April, according to final estimates of S&P Global's monthly purchasing managers' indices, with rising prices and weakening demand painting a picture of stagflation.
Read moreReach on‑platform referrals remain 'materially lower' in Q1
6th May 2026 09:00
(Sharecast News) - Publishing giant Reach said on Wednesday that first-quarter trading had been hit by continued disruption to search and referral volumes, extending trends first highlighted back in July 2025.
Read moreSmiths News reports solid first-half trading performance
6th May 2026 08:59
(Sharecast News) - Smiths News reported a solid first-half trading performance on Wednesday, and said full-year results were expected to be in line with market expectations, supported by growth verticals, collectables and upcoming football-related demand.
Read moreKingfisher chief executive to join Ahold Delhaize
6th May 2026 08:24
(Sharecast News) - The chief executive of B&Q owner Kingfisher is stepping down after nearly seven years in the role, the retailer confirmed on Wednesday.
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