News Archive

Pearson holds guidance as operating profit jumps 14%

31st Jul 2026 10:31

(Sharecast News) - Educational publisher Pearson on Friday said it remained on track to meet its 2026 guidance, driven by strong growth in its virtual learning division and rising demand for its artificial intelligence-‑powered study tools in the US.

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Melrose to take £25m-£30m hit from incident at California facility

31st Jul 2026 10:10

(Sharecast News) - Melrose Industries warned on Friday that it expects to take a hit of between £25m and £30m in the second half after an incident at its Garden Grove facility in California.

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Asia report: Nikkei jumps after BoJ hold, South Korean stocks soar

31st Jul 2026 10:06

(Sharecast News) - Asian stocks advanced on Friday, with strong gains in Tokyo and Seoul in particular, after a monetary policy meeting by the Bank of Japan and a massive rally in South Korean chip stocks.

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Eurozone inflation accelerates on renewed upturn in energy prices

31st Jul 2026 10:04

(Sharecast News) - Consumer price inflation across the eurozone accelerated in July, according to preliminary estimates released on Friday by Eurostat, as energy prices turned higher once again.

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Rightmove cuts revenue outlook as new-build market remains subdued

31st Jul 2026 09:34

(Sharecast News) - Rightmove lowered its full-year revenue growth guidance on Friday after continued weakness in the UK new-build housing market overshadowed a solid first-half performance.

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BP looking to sell North Sea business

31st Jul 2026 09:31

(Sharecast News) - BP said on Friday that it was launching a process for the potential sale of its North Sea business.

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LondonMetric and SREIT agree £404m all‑share takeover of Picton

31st Jul 2026 09:00

(Sharecast News) - LondonMetric, SREIT and Picton announced on Friday that they have agreed to the terms of a recommended all‑share offer that will see LondonMetric and SREIT acquire Picton via a court‑sanctioned scheme of arrangement.

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Berenberg raises target price on Informa

31st Jul 2026 08:54

(Sharecast News) - Analysts at Berenberg lifted their target price for Informa from 965p to 1,040p on Friday, stating the firm's first‑half results and FY27 outlook underscored a stronger growth profile than previously assumed.

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BoJ holds rates amid talk of yen intervention

31st Jul 2026 08:24

(Sharecast News) - The Bank of Japan on Friday left its benchmark interest rate unchanged as expected, keeping borrowing costs at 1% after last month's hike, amid heightened speculation the government intervened to support the yen.

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Hilton Food to sell Dutch vegan unit Dalco for £5.4m

31st Jul 2026 08:17

(Sharecast News) - Food packaging business Hilton Food said on Friday that it has agreed to sell Dalco Food, its Netherlands‑based vegan and vegetarian business, to Livekindly Production for £5.4m, as it continues to streamline operations and refocus on its core meat and fresh prepared food divisions.

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London open: FTSE rallies after strong US, Asian sessions; NatWest jumps on results

31st Jul 2026 08:16

(Sharecast News) - London stocks rallied in early trade on Friday following strong gains in the US and Asia, underpinned by well-received results from NatWest and IMI, as investors mulled the latest quarterly numbers from Apple and Amazon.

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Taylor Wimpey cuts shareholder returns, trims annual home completions target

31st Jul 2026 08:13

(Sharecast News) - Housebuilder Taylor Wimpey trimmed its forecast for annual home completions on Friday as it reported a decline in first-half profit and completions, and said it was reducing shareholder returns.

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Europe open: Shares rally on Wall St, Asia rebound

31st Jul 2026 08:07

(Sharecast News) - European shares opened higher on Friday on the back of a rebound on Wall Street and Asia overnight.

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Shell agrees sale of BG Cyprus to Hungary's MOL for up to $720m

31st Jul 2026 07:50

(Sharecast News) - Shell on Friday said it was selling its wholly owned subsidiary BG Cyprus Limited to Hungary's MOL Group for up to $720m.

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Annual house price growth eases in July - Nationwide

31st Jul 2026 07:45

(Sharecast News) - Annual house price growth eased in July, according to figures released on Friday by Nationwide.

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