News Archive
Eurozone inflation confirmed at highest since September 2023
17th Jun 2026 10:17
(Sharecast News) - Inflation across the eurozone was confirmed at a two-and-a-half-year high in May, according to the final estimate from Eurostat published on Wednesday, as price pressures intensified for the fourth straight month on the back of the Middle East conflict.
Read moreRiksbank stands pat on rates but says chances of a hike this year have risen
17th Jun 2026 09:57
(Sharecast News) - Sweden's Riksbank left its key interest rate unchanged on Wednesday at 1.75%, in line with expectations, but said there is now a higher chance of a rate hike later this year.
Read moreLikewise flags strong rise in like-for-like revenue
17th Jun 2026 09:56
(Sharecast News) - Likewise Group said on Wednesday that like-for-like revenue was up 17.0% in the year to date to 16 June, with June trading 20.8% ahead so far, as the floor coverings distributor continued to expand capacity across the UK.
Read moreGuardian Metal acquires Nevada land holder Lincoln Estates
17th Jun 2026 09:52
(Sharecast News) - Guardian Metal Resources announced on Wednesday that it has acquired Lincoln Estates Group, giving it 841 acres of real property and 2,540 acre-feet of annual water rights less than 10 miles from its Tempiute tungsten project in Nevada.
Read moreHargreaves Services flags results ahead of expectations
17th Jun 2026 09:49
(Sharecast News) - Hargreaves Services said on Wednesday that it expected to report full-year revenue ahead of market expectations and pre-tax profit in line with forecasts, with all three business areas delivering year-on-year profit growth.
Read moreThursday preview: BoE announcement due; Tesco, Whitbread updates eyed
17th Jun 2026 09:38
(Sharecast News) - Thursday will bring the release of full-year results from FirstGroup and XPS Pensions, first-quarter trading updates from Tesco and Whitbread and the latest policy announcement from the Bank of England.
Read moreOil supplies set to outstrip demand if peace deal holds - IEA
17th Jun 2026 09:36
(Sharecast News) - Oil supplies are set to outstrip demand next year, the International Energy Agency forecast on Wednesday, after the US and Iran agreed a tentative peace deal.
Read moreShore Capital sees big upside at Fuller, Smith & Turner after FY beat
17th Jun 2026 09:22
(Sharecast News) - Shore Capital has reiterated its 'buy' rating on Fuller, Smith & Turner following last week's results from the pub group, saying that the company's growth potential isn't reflected in the current share price.
Read moreTristel appoints Christopher Lee as its new CEO
17th Jun 2026 09:18
(Sharecast News) - Tristel announced the appointment of Christopher Lee as its chief executive officer on Wednesday, effective 1 August, following a competitive selection process.
Read moreAsia report: Most markets rise ahead of US-Iran deal, Fed decision
17th Jun 2026 09:16
(Sharecast News) - Asia-Pacific markets closed mostly higher on Wednesday as investors continued to assess the planned US-Iran peace deal and looked ahead to the Federal Open Market Committee meeting.
Read moreSaba steps up Workspace campaign with shareholder letter
17th Jun 2026 09:10
(Sharecast News) - Saba Capital stepped up its campaign at Workspace Group on Wednesday, urging shareholders to back its six board nominees and arguing that a more aggressive programme of property disposals and share buybacks would unlock greater value than the company's recently unveiled strategy.
Read moreShares tumble after BMW warns on profits
17th Jun 2026 09:01
(Sharecast News) - Shares in BMW fell sharply on Wednesday, after the German car giant warned that ongoing weakness in China had put the brakes on profits.
Read moreTritax Big Box inks development agreement for Chelmsford data centre
17th Jun 2026 08:56
(Sharecast News) - Real estate investment trust Tritax Big Box has signed a development management agreement with Tritax Management to deliver a 125mw data‑centre scheme in Chelmsford, the second project in its growing data‑centre pipeline.
Read moreCanaccord Genuity hikes target price on Zegona Communications
17th Jun 2026 08:47
(Sharecast News) - Canaccord Genuity lifted its price target on Zegona Communications to 2,500p from 2,150p, saying the turnaround at Vodafone Spain was gathering pace and the business was now showing clear signs of renewed revenue growth.
Read moreSpeedy Hire FY profits decline as margins narrow
17th Jun 2026 08:18
(Sharecast News) - Tool hire provider Speedy Hire reported a drop in full-year profitability on Wednesday, with adjusted underlying earnings falling to £85.4m from £97.1m and the group swinging to an adjusted pre‑tax loss of £9.8m, compared with an £8.7m profit a year earlier.
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