News Archive

Chemring CEO to retire, Babcock's Newman named successor

30th Jul 2026 10:41

(Sharecast News) - Specialist manufacturing and technology firm Chemring said on Thursday that chief executive Michael Ord has decided to retire, with Tom Newman set to succeed him following a board‑led search process.

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Air France-KLM posts better-than-expected second quarter

30th Jul 2026 10:41

(Sharecast News) - Air France-KLM reported a better-than-expected second-quarter operating profit on Thursday as strong demand for premium and long-haul travel helped offset higher fuel costs, although net profit fell sharply.

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Primary Health Properties earnings jump after Assura combination

30th Jul 2026 10:22

(Sharecast News) - Primary Health Properties reported a 109% rise in first-half adjusted earnings to £98m following its combination with Assura on Thursday, with adjusted earnings per share up 9% to 3.8p.

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Greencoat UK Wind reiterates dividend target amid stronger generation

30th Jul 2026 10:17

(Sharecast News) - Greencoat UK Wind reported first-half net cash generation of £222m on Thursday, up from £163m a year earlier, as stronger wind generation and realised power prices lifted performance.

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Adidas shares plunge as unchanged profit outlook overshadows sales upgrade

30th Jul 2026 10:16

(Sharecast News) - Adidas shares plunged on Thursday after the sportswear group kept its full-year profit guidance unchanged despite raising its sales forecast, with investors appearing disappointed that stronger revenues would not translate into a bigger earnings upgrade.

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Revenue, profit rises in first half at Elementis

30th Jul 2026 10:14

(Sharecast News) - Elementis reported first-half revenue of $318.2m on Thursday, up 9.4% on a reported basis and 4.7% organically at constant currencies, while adjusted operating profit rose 16.4% to $73.2m.

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US initial jobless claims rebound from 57-year low

30th Jul 2026 10:10

(Sharecast News) - Americans lined up for unemployment benefits at an accelerated pace in the week ended 25 July, according to the Labor Department, with initial claims rising by 9,000 to 197,000 from the prior week's 57-year low.

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Asia report: Markets mixed on tech sentiment, Fed rate hold

30th Jul 2026 10:10

(Sharecast News) - Asia-Pacific markets closed mixed on Thursday as investors assessed the latest Big Tech earnings, the Federal Reserve's decision to leave interest rates unchanged and renewed hostilities in the Middle East.

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Vesuvius reports higher revenue, flat trading profit

30th Jul 2026 10:10

(Sharecast News) - Vesuvius reported first-half revenue of £913.7m on an adjusted basis on Thursday, up 1.5% at constant currencies, while trading profit was broadly flat at £74.0m as operational problems in its Steel division offset pricing gains and cost savings.

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Rentokil ditches North American margin target, shares tumble

30th Jul 2026 10:09

(Sharecast News) - Rentokil Initial tumbled on Thursday after the pest control firm ditched its margin target for North America and said it had seen some weakness in residential lead flow in the region towards the end of the second quarter and into July.

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Oral health drives first-half growth at Haleon

30th Jul 2026 10:05

(Sharecast News) - Haleon reported first-half revenue of £5.60bn on Thursday, up 2.2% on a reported basis and 2.6% organically, with second-quarter organic growth improving to 3.1% as North America strengthened.

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British American Tobacco revenue inches higher, reported profit falls

30th Jul 2026 10:02

(Sharecast News) - British American Tobacco reported first-half revenue of £12.24bn on Thursday, up 1.4% on a reported basis and 2.9% at constant currencies, as growth in the US and new categories offset weaker performance in Asia-Pacific, Middle East and Africa.

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Schroders profits jump in first half

30th Jul 2026 09:58

(Sharecast News) - Schroders reported a 46% rise in first-half adjusted operating profit to £459.8m on Thursday, as higher assets under management and cost savings improved operating leverage.

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Microsoft Q4 revenues beat forecasts as Azure growth accelerates

30th Jul 2026 09:42

(Sharecast News) - Software giant Microsoft shares ticked higher in after‑hours trade on Wednesday as it posted another strong quarter and set out plans for steady capital spending through 2026.

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Drax profits fall on weak UK power prices

30th Jul 2026 09:02

(Sharecast News) - Energy supplier Drax reported a 39% fall in first‑half profit, reflecting weaker UK power prices and lower generation margins. The group said market conditions remained challenging through the period, with reduced volatility and lower captured prices weighing on earnings.

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