News Archive

FirstGroup in £109m asset sale; Unveils contract wins

2nd Nov 2026 07:21

(Sharecast News) - FirstGroup has agreed to sell five West Yorkshire depots and 330 buses to the West Yorkshire Combined Authority for £109m, generating an expected post-tax gain of about £30m and cash proceeds of around £55m in FY27. The phased fleet transfer will coincide with the rollout of bus franchising.

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Monday newspaper round-up: Oil companies, mortgage payments, Chery Automobile

2nd Nov 2026 07:15

(Sharecast News) - The world's biggest oil companies are on track to amass profits of more than $95bn (£71bn) in the third quarter as the war in the Middle East drives up the price of fossil fuels. The windfall war profits have sparked calls for oil corporations such as Saudi Aramco and BP to pay for environmental damage and help the world transition towards renewable energy. - Guardian

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Ibstock slashes profit guidance as brick market downturn deepens

2nd Nov 2026 07:12

(Sharecast News) - Building products manufacturer Ibstock has downgraded full-year earnings expectations following a sharp deterioration in the UK brick market, warning that second-half profits will be materially below previous forecasts.

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Kosmos Energy shares jump as Q3 output rises, debt falls

2nd Nov 2026 07:09

(Sharecast News) - Kosmos Energy shares on Monday after the oil and gas producer reported higher third-quarter production, lower operating costs and progress in reducing its debt burden.

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Sunday newspaper round-up: Heathrow, Modella Capital, UK tax increases, Trump lawsuit, Binance, slot farms

1st Nov 2026 09:00

(Sharecast News) - Richard Branson has criticised Heathrow's decision to separate Virgin Atlantic from partner Delta, calling the move "ill‑judged and short‑sighted" and warning it could push fares up by as much as 20%, The Sunday Times reported. The airport plans to shift Delta from Terminal 3 to Terminal 4, a change Branson said would make it easier for passengers to switch to rivals such as British Airways. He argued the split would weaken Virgin and Delta's ability to compete, adding that strong competition at Heathrow supports lower fares, better connections and wider economic benefits.

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US close: Stocks drop, Nasdaq hits three-month low amid tech sell-off

30th Oct 2026 22:33

(Sharecast News) - US stocks suffered heavy losses on Friday, with the Nasdaq sinking to a three-month low as a dramatic tech sell-off weighed heavily on market sentiment.

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Europe close: Tech sell-off, bank earnings drag markets lower

30th Oct 2026 15:45

(Sharecast News) - European stock markets finished firmly in the red on Friday as a sell-off across the global tech sector intensified following a rough start on Wall Street, while investors digested a barrage of blue chip corporate earnings closer to home.

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Broker tips: Haleon, Informa

30th Oct 2026 14:58

(Sharecast News) - Deutsche Bank upgraded Haleon to 'hold' from 'sell' on Friday but cut its price target on the stock to 310p from 320p after the consumer healthcare company's results a day earlier.

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FTSE 250 movers: Vistry rises; gold miners lose their shine

30th Oct 2026 14:12

(Sharecast News) - London's FTSE 250 was down 0.8% at 24,477.32 in afternoon trade on Friday.

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FTSE 100 movers: AstraZeneca surges on results; NatWest slides

30th Oct 2026 14:06

(Sharecast News) - London's FTSE 100 was up 0.1% at 10,735.58 in afternoon trade on Friday.

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Deutsche Bank upgrades Haleon to 'hold' from 'sell'

30th Oct 2026 13:35

(Sharecast News) - Deutsche Bank upgraded Haleon on Friday to 'hold' from 'sell' but cut the price target to 310p from 320p after the consumer healthcare company's results a day earlier.

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Week ahead: BoE announcement, non-farm payrolls in focus

30th Oct 2026 12:30

(Sharecast News) - Next week will bring the latest policy announcement from the Bank of England, the US non-farm payrolls report and a deluge of UK corporate news.

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BT Group surges on report Virgin Media O2 nearing deal to use its network

30th Oct 2026 12:27

(Sharecast News) - BT Group surged on Friday following a report that Virgin Media O2 is closing in on a deal to use its rival's broadband network, as it halts planned upgrades and expansion of its own infrastructure to ease concerns over its £22bn debt pile.

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Director dealings: Redcentric's Alan Aubrey raises stake

30th Oct 2026 12:17

(Sharecast News) - Redcentric revealed on Friday that non-executive director Alan Aubrey had acquired 69,164 ordinary shares in the AIM-listed IT managed services firm.

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US open: Stocks slide as tech giants tumble and inflation concerns linger

30th Oct 2026 12:08

(Sharecast News) - Major indices were in the red early on Friday as tech giants Amazon and Intel weighed on sentiment after their latest quarterly numbers disappointed investors.

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