News Archive
Jefferies upgrades British Gas owner Centrica to 'buy', shares spark
3rd Nov 2026 10:27
(Sharecast News) - Jefferies upgraded British Gas owner Centrica to 'buy' from 'hold' on Tuesday and lifted the price target to 200p from 190p.
Read moreVirgin Media O2 to axe thousands of jobs
3rd Nov 2026 09:49
(Sharecast News) - Telecoms operator Virgin Media O2 is to cut thousands of jobs, it was confirmed on Tuesday, as it looks to slash its £22bn debt mountain and reduce costs.
Read moreBerenberg cuts Ibstock target price after brickmaker warns on earnings
3rd Nov 2026 09:42
(Sharecast News) - Analysts at Berenberg have cut their target price on Ibstock to 75p from 90p after the brickmaker warned that full-year earnings would come in well below market expectations amid continued weakness in UK construction markets.
Read moreLufthansa shares climb as Q3 profits rise despite soaring fuel costs
3rd Nov 2026 09:41
(Sharecast News) - Shares in Lufthansa rose on Tuesday after the German airline group reported higher third-quarter profits despite a sharp increase in fuel costs, although it narrowed its full-year earnings guidance.
Read moreHugo Boss downgrades FY sales and profit outlook
3rd Nov 2026 09:28
(Sharecast News) - German fashion brand Hugo Boss downgraded its full-year guidance for sales and profit on Tuesday as it pointed to softer demand.
Read moreZalando's Q3 profits rise on strong B2B growth
3rd Nov 2026 09:18
(Sharecast News) - Shares in online fashion retailer Zalando reversed early losses on Tuesday after the German outfit reported higher third-quarter revenues and adjusted profits, driven by strong growth in its business-to-business operations.
Read moreAsia report: Chip stocks tumble in SK and Taiwan; Australian stocks up despite rate hike
3rd Nov 2026 09:18
(Sharecast News) - Asian stock markets finished mixed on Tuesday, with heavy losses for semiconductor companies dragging down indices in South Korea and Taiwan, while Hong Kong and Australia bucked the wider decline.
Read moreDrax inks deal with Brookfield for potential £20bn AI data centre project
3rd Nov 2026 09:01
(Sharecast News) - Energy firm Drax has signed an agreement with Brookfield and its AI infrastructure platform Radiant to develop a potentially gigawatt-scale data centre at Drax Power Station in North Yorkshire, with Brookfield estimating total investment could exceed £20bn.
Read moreAustralia hikes interest rates to 18-year high
3rd Nov 2026 08:41
(Sharecast News) - Australia's central bank hiked interest rates to their highest level since 2008 on Tuesday, its fifth rise this year, as it looked to tackle mounting inflation.
Read moreTP Icap posts 11% jump in Q3 revenue, on track to meet FY market expectations
3rd Nov 2026 08:11
(Sharecast News) - Interdealer broker TP Icap said on Tuesday that it remained comfortable with full-year market expectations as it reported an 11% rise in third-quarter group revenues to £620m, pointing to a strong performance from its global broking arm.
Read moreLondon open: FTSE falls as oil prices rise again; US midterms eyed
3rd Nov 2026 07:58
(Sharecast News) - London stocks fell in early trade on Tuesday following a US tech selloff and amid rising oil prices, as investors eyed the US midterm elections.
Read moreEurope open: Shares down, oil up as US midterms, attack on Iran in focus
3rd Nov 2026 07:56
(Sharecast News) - European shares opened lower on Tuesday as investors awaited the US midterm elections and assessed a report that Washington had launched limited strikes against Iran a day after officials said they were prepared to pursue a diplomatic resolution to the war.
Read morePfizer lifts full-year guidance on robust third quarter
3rd Nov 2026 07:53
(Sharecast News) - Pfizer lifted its full-year guidance on Tuesday, after healthy demand for its blood thinners and cancer drugs helped offset falling sales of Covid-19 medicines.
Read moreTough conditions hit sales, profits at AB Foods
3rd Nov 2026 07:51
(Sharecast News) - Associated British Foods posted a sharp decline in annual profits on Tuesday, as challenging conditions hit both its grocery and retail businesses, and warned of further falls to come.
Read moreRyanair passenger numbers nudge up 1% in October
3rd Nov 2026 07:43
(Sharecast News) - Budget airline Ryanair reported a 1% uptick in passenger numbers for October on Tuesday.
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