News Archive

Broker tips: Anglo American, Rathbones

18th Jun 2026 07:17

(Sharecast News) - Berenberg downgraded Anglo American on Thursday to 'hold' from 'buy' as it took a look at metals and mining stocks, saying it was taking a "breather" following a strong share price performance.

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Workspace tells shareholders to 'take no action' over latest Saba push

18th Jun 2026 07:17

(Sharecast News) - Workspace Group said on Thursday that it was reviewing a letter and accompanying presentation from Saba Capital Management, after the activist investor urged shareholders to back its proposed board nominees and value creation plan.

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Tesco holds guidance despite slower sales growth in Q1

18th Jun 2026 07:15

(Sharecast News) - Tesco held annual guidance despite a slowing of like-for-like sales in the first quarter as customers shunned higher prices and cheaper competitors fought for market share.

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Bank of England leaves rates on hold at 3.75%

18th Jun 2026 07:04

(Sharecast News) - The Bank of England left interest rates on hold on Thursday, as widely predicted.

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US close: Stocks drop after hawkish Fed outlook, bond yields jump

17th Jun 2026 23:40

(Sharecast News) - US stocks fell sharply and bond yields jumped on Wednesday as investors digested a hawkish outlook from the Federal Reserve, despite the central bank holding interest rates unchanged as expected.

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Europe close' Stocks pare gains as oil prices return to growth

17th Jun 2026 17:25

(Sharecast News) - European shares had given up some of their earlier gains by the close on Wednesday as oil prices resumed their rise, while investors monitored the latest developments around the US-Iran peace deal and looked ahead to the Federal Reserve's interest rate decision.

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Allbirds rebrands as Smartbird, appoints new CEO

17th Jun 2026 16:36

(Sharecast News) - Allbirds shares surged on Wednesday after the former trainer maker changed its name to Smartbird and announced the appointment of a new chief executive following its decision earlier this year to shift to AI compute infrastructure.

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FTSE 250 movers: Housebuilders gain, oil stocks slide

17th Jun 2026 16:13

(Sharecast News) - FTSE 250 (MCX) 23,273.78 -0.23%

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Oriole to start diamond drilling campaign at Wapouze

17th Jun 2026 14:38

(Sharecast News) - Oriole Resources said on Wednesday that it is set to begin a maiden 1,000-metre diamond drilling programme at its 85%-owned Wapouzé limestone project in north-eastern Cameroon as it seeks to define a maiden resource for the asset.]

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FTSE 100 movers: Rate-sensitive banks and housebuilders rally; M&S drops

17th Jun 2026 14:15

(Sharecast News) - London's FTSE 100 was flat at 10,492.89 in afternoon trade on Wednesday.

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London close: FTSE nudges up as housebuilders, banks rally; Fed, BoE eyed

17th Jun 2026 14:12

(Sharecast News) - London stocks ended just a smidgen higher on Wednesday as investors erred on the side of caution ahead of a pivotal Federal Reserve policy announcement and as the latest UK inflation reading eased pressure on the Bank of England to hike rates.

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US open: Stocks slightly higher ahead of FOMC decision

17th Jun 2026 14:05

(Sharecast News) - Major indices were slightly higher at the open on Wednesday as market participants awaited the Federal Reserve's latest policy decision, while SpaceX looked set to extend its strong post‑IPO rally.

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HSBC announces multi-year AI partnership with Google Cloud

17th Jun 2026 13:59

(Sharecast News) - HSBC announced a multi-year partnership with Google Cloud on Wednesday to build and deploy artificial intelligence capabilities across the bank's operations.

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US retail sales rise 0.9pc in May

17th Jun 2026 13:30

(Sharecast News) - US retail sales rose 0.9% in May, according to advance estimates from the Census Bureau, hitting $763.7bn.

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Lords Group backs FY expectations, says trading remains challenging

17th Jun 2026 13:18

(Sharecast News) - Building materials distributor Lords Group has backed its full-year expectations as it said trading remains challenging.

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