News Archive

London open: FTSE slumps amid growing US-Iran tensions; HSBC slides

5th May 2026 08:10

(Sharecast News) - London stocks tumbled in early trade on Tuesday, with banks under the cosh after disappointing results from HSBC, while growing tensions between the US and Iran dented sentiment.

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PayPal sees shares slide despite earnings beat

5th May 2026 08:09

(Sharecast News) - Shares in PayPal Holdings fell sharply on Tuesday, despite the US payments giant posting an uplift in quarterly earnings and unveiling plans to cut costs by at least $1.5bn.

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Vodafone to buy out CK Hutchison JV in £4.3bn deal

5th May 2026 08:07

(Sharecast News) - Vodafone said on Tuesday that it has agreed to buy CK Hutchison's stake in mobile operator and broadband provider VodafoneThree for £4.3bn, taking full ownership of the joint venture.

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Berenberg starts Burberry at 'hold'

5th May 2026 08:03

(Sharecast News) - Analysts at Berenberg initiated coverage on luxury fashion house Burberry with a 'hold' rating and a 1,080p target price on Tuesday, as it noted the group was "not fully waterproof".

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Ethernity Networks cuts management hours, trims FY revenue guidance

5th May 2026 07:48

(Sharecast News) - Telecommunications devices firm Ethernity Networks cut senior management hours and moved to preserve cash after expected warrant exercises failed to materialise, with the company also lowering its 2026 revenue guidance.

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Plus500 confident in full-year outlook after better-than-expected Q1

5th May 2026 07:46

(Sharecast News) - Plus500 said it remains confident in its outlook for FY26 following a better-than-expected performance in the first quarter.

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London pre-open: Stocks to dip amid growing US-Iran tensions

5th May 2026 07:25

(Sharecast News) - London stocks were set to dip at the open on Tuesday amid growing tensions between the US and Iran.

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First-quarter profits miss forecasts at HSBC

5th May 2026 07:10

(Sharecast News) - HSBC posted a surprise fall in quarterly earnings on Tuesday, despite a spike in net interest income, after credit impairments rose at Europe's largest lender.

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Wizz Air passenger numbers up 21.9pc in April

5th May 2026 07:10

(Sharecast News) - Budget carrier Wizz Air said on Tuesday that passenger numbers were up a 21.9% year-on-year in April, with the Hungarian airline carrying 6.63m people last month.

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Tuesday newspaper round-up: JLR, Elon Musk, rental properties

5th May 2026 07:10

(Sharecast News) - Jaguar Land Rover would have considered moving car production out of the UK and slashing jobs if not for a £380m subsidy for its sister battery company, government officials claimed privately. Officials at the Department for Business and Trade (DBT) warned in December that Britain's largest automotive employer may have triggered an exodus from the UK car industry, according to state aid documents prepared by the competition regulator. - Guardian

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Capricorn Energy shares rise on loan settlement, Waldorf windfall

5th May 2026 07:05

(Sharecast News) - Capricorn Energy's share price received a boost on Tuesday from the news that the Egyptian oil and gas group has repaid its loans early, while receiving up to $5m following the restructuring of Waldorf Production UK.

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Sunday newspaper round-up: Heathrow, Amazon, PIP loophole, Iran proposal, Nato, dynamic pricing

3rd May 2026 08:24

(Sharecast News) - Heathrow's chairman has opened discussions with airlines and local landowner Surinder Arora over potential collaboration on a £49bn scheme to build the airport's third runway and a new terminal, according to The Times. Former BT boss Philip Jansen, who became chairman earlier this year, is understood to have approached carriers and Arora in an effort to ease long‑running tensions. Early meetings began last week, with Jansen's team said to have floated the idea of partnering with Arora, who has proposed delivering the project at roughly half the cost of Heathrow's own plan.

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US close: Stocks mixed as traders digest corporate updates, falling oil prices

1st May 2026 22:14

(Sharecast News) - Major indices turned in a mixed performance on Friday as markets participants digested another batch of corporate earnings and developments in the Middle East.

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Oil prices drop as Iran offers new proposal for peace talks with US

1st May 2026 15:41

(Sharecast News) - Oil prices fell on Friday afternoon following reports that Iran has put forward a new proposal for a second round of peace talks with the US.

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FCA facing four legal challenges over car finance compensation scheme

1st May 2026 15:18

(Sharecast News) - The Financial Conduct Authority said on Friday that it will defend its motor finance compensation scheme "robustly" in the face of four legal challenges.

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