News Archive

PayPal shares slump as CEO replaces, outlook cut

3rd Feb 2026 14:19

(Sharecast News) - PayPal shares slumped on Tuesday as the digital payments company replaced its chief executive after a disappointing earnings outlook, saying it was unhappy with the pace of change.

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Director dealings: Rank chairman makes share purchase

3rd Feb 2026 14:18

(Sharecast News) - Rank Group revealed on Tuesday that chairman John Ott had acquired 19,691 ordinary shares in the FTSE 250-listed gambling outfit.

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Trellus Health reports operational, commercial progress

3rd Feb 2026 14:02

(Sharecast News) - Trellus Health reported continued operational and commercial progress in a business update on Tuesday, highlighting growing momentum in its clinical trials vertical alongside ongoing cost control and funding initiatives.

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FTSE 250 movers: AG Barr fizzes; WPP slides

3rd Feb 2026 13:56

(Sharecast News) - FTSE 250: 23,324.09 -101.96 (-0.44%)

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CyanConnode confirms £35m takeover approach from Esyasoft

3rd Feb 2026 13:41

(Sharecast News) - AIM-listed smart metering specialist CyanConnode confirmed on Tuesday that it has received an indicative non-binding takeover approach from Esyasoft that values the group at £35m, or 9.75p a share.

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Paris office of X raided by French prosecutors

3rd Feb 2026 13:39

(Sharecast News) - The Paris office of Elon Musk's X has been raided by French authorities, it was confirmed on Tuesday, as a probe into the social media network was widened following complaints about artificial intelligence tool Grok.

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Shearwater division secures £9m contract renewal, expansion

3rd Feb 2026 13:34

(Sharecast News) - Shearwater Group said on Tuesday that one of its operating companies had secured a long-term contract renewal and expansion worth around £9m with a global financial organisation, supporting delivery of the group's expectations for the year ahead.

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Serabi says Brazil assets operational after two fatal incidents

3rd Feb 2026 13:28

(Sharecast News) - Serabi Gold said on Tuesday that mining and milling operations at its Brazilian assets remained operational following two fatal incidents at its Palito complex and Coringa mine, adding that production was not interrupted and continued to progress in line with budget.

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Avacta agrees two key clinical trial updates

3rd Feb 2026 13:23

(Sharecast News) - Avacta Therapeutics said on Tuesday that it had agreed two key clinical protocol updates to its faridoxorubicin, or AVA6000, programme, removing the historic cardiac dosing limit and identifying a clear pathway to dose selection ahead of future efficacy studies.

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LBG Media ends year in line with expectations

3rd Feb 2026 13:18

(Sharecast News) - LBG Media reported full-year results in line with market expectations on Tuesday, delivering double-digit revenue growth and continued profit expansion as the group accelerated investment to support more predictable revenues.

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Pfizer posts better-than-expected Q4, though shares slide on outlook

3rd Feb 2026 13:06

(Sharecast News) - Pfizer posted better-than-expected fourth-quarter results on Tuesday, helped by steady demand for established medicines that offset a sharp slide in Covid-related sales, but the drugmaker's reaffirmed 2026 outlook remained below some Wall Street forecasts, weighing on the shares in early trading.

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PepsiCo lifts earnings despite softer demand and volume declines

3rd Feb 2026 13:01

(Sharecast News) - Snacks and beverage giant PepsiCo said on Tuesday that quarterly earnings and revenues had come in ahead of market expectations, supported by an improvement in organic sales across the business even as consumer demand remained soft after a period of higher pricing.

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Merck beats on fourth quarter revenue but disappoints on outlook

3rd Feb 2026 12:42

(Sharecast News) - Merck & Co reported better-than-expected fourth-quarter results on Tuesday, driven by continued strength in its oncology franchise and animal health division, but shares slipped after the drugmaker issued a 2026 outlook that fell short of market expectations as it braced for patent expiries and generic competition.

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Relx, Pearson and Informa slide as Anthropic launches AI legal tool

3rd Feb 2026 12:32

(Sharecast News) - Relx, Pearson and Informa were all under the cosh on Tuesday after US AI company Anthropic released an AI-powered productivity tool for companies' in-house legal teams.

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Relx, Pearson and Informa slide as Anthropic launches AI legal tool

3rd Feb 2026 12:32

(Sharecast News) - Relx, Pearson and Informa were all under the cosh on Tuesday amid concerns about the impact of AI, after US-based Anthropic released an AI-powered productivity tool for companies' in-house legal teams.

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