News Archive

UniCredit reports record quarterly profit, opens Commerzbank offer

5th May 2026 11:13

(Sharecast News) - UniCredit reported its highest quarterly profit on record on Tuesday and raised its full-year outlook, as the Italian lender launched a €35bn all-share offer for Commerzbank despite opposition from the German bank and Berlin.

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Profits jump at Autins despite softer revenues

5th May 2026 11:10

(Sharecast News) - Autins Group confirmed on Tuesday it had swung back into the black for the first time in nearly a decade, boosted by a clutch of new contracts and an improved margin.

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Slimmed-down Sabadell reports sharp fall in Q1 profit

5th May 2026 11:08

(Sharecast News) - Banco Sabadell reported a sharper-than-expected fall in first-quarter profit on Tuesday, as lower interest rates weighed on lending income and costs rose because of one-off charges linked to restructuring and the sale of its UK unit TSB.

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US pre-open: Futures higher as markets shake off renewed Middle East fears

5th May 2026 11:01

(Sharecast News) - Wall Street futures were in the green ahead of the bell on Tuesday as major indices looked set to bounce back from losses sparked by renewed Middle East tensions in the previous session.

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London midday: FTSE under pressure as banks slump; Middle East tensions in focus

5th May 2026 10:51

(Sharecast News) - London stocks were still firmly in the red by midday on Tuesday, with banks pacing the decline after disappointing results from HSBC, amid growing tensions between the US and Iran.

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Palantir lifts outlook after Q1 earnings more than double

5th May 2026 10:35

(Sharecast News) - Palantir Technologies boosted full-year guidance on Tuesday, after booming demand in the US saw first-quarter revenues soar, smashing forecasts.

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Klarna and Starling dent Chrysalis NAV, shares slump

5th May 2026 10:12

(Sharecast News) - Chrysalis Investments shares slumped on Tuesday as it reported a drop in first-quarter net asset value, pointing to write-downs for Starling and Klarna, and said it was moving to a self-managed structure.

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Elon Musk settles SEC lawsuit

5th May 2026 09:51

(Sharecast News) - Elon Musk has settled a US Securities and Exchange Commission civil case that accused him of delaying the disclosure of his initial purchases of Twitter stock in 2022.

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FTSE 250 movers: Ceres Power rally continues as Chrysalis Investments drops

5th May 2026 09:33

(Sharecast News) - The meteoric rise in Ceres Power continued on Tuesday, with the stock topping the risers list on the FTSE 250, while Chrysalis Investments disappointed with a quarterly update.

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AB InBev toasts strong demand as Q1 numbers beat forecasts

5th May 2026 09:26

(Sharecast News) - Shares in AB InBev fizzed on Tuesday, after first-quarter numbers at the world's largest brewer came in ahead of expectations.

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Europe open: Stocks gain as investors eye Middle East developments

5th May 2026 09:24

(Sharecast News) - European stocks were higher in early trade on Tuesday as investors continued to eye developments in the Middle East.

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Amigo Resources shares gain on new Tanzanian rare earths joint venture

5th May 2026 09:11

(Sharecast News) - Shares in Amigo Resources rose on Tuesday after the gold and rare earth element (REE) miner unveiled a new strategic joint venture in south-west Tanzania, giving it a stake in a REE licence package in one of East Africa's most prospective REE provinces.

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Reserve Bank of Australia delivers third straight interest rate hike

5th May 2026 09:02

(Sharecast News) - The Reserve Bank of Australia delivered a third consecutive interest rate increase as it moved to contain mounting inflationary pressures tied to higher fuel costs, while warning that the war involving Iran would deal a significant blow to the economy.

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Geberit warns of geopolitical risks after steady first quarter

5th May 2026 08:35

(Sharecast News) - Geberit reported steady first-quarter results on Tuesday, as underlying sales growth and margin improvement were offset by a stronger Swiss franc, while the Swiss bathroom fittings maker warned that geopolitical risks had made the construction outlook harder to assess.

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Intertek surges as EQT sweetens takeover proposal again

5th May 2026 08:25

(Sharecast News) - Intertek surged on Tuesday after Swedish private equity firm EQT sweetened its takeover proposal for the inspection, product testing and certification group.

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