News Archive
Europe close: Stocks finish higher as oil prices tumble
16th Jun 2026 15:50
(Sharecast News) - European shares gave up some earlier gains but still finished higher on Tuesday, following record closes on Wall Street and in Tokyo, as investors took encouragement from cautious optimism around the US-Iran peace deal.
Read moreBAE Systems receives $535m contract with US Army
16th Jun 2026 15:22
(Sharecast News) - Defence, aerospace and security solutions giant BAE Systems has announced a new contract worth $535m to produce howitzers and tanks for the US Army.
Read moreFTSE 100 movers: Flutter boosted by Wedbush note; AB Foods dips
16th Jun 2026 14:58
(Sharecast News) - London's FTSE 100 was up 0.7% at 10,507.51 in afternoon trade on Tuesday.
Read moreWednesday preview: FOMC announcement, AO World results due
16th Jun 2026 14:57
(Sharecast News) - Wednesday sees the release of full-year results from electricals retailer AO World and Speedy Hire, as well as the latest policy announcement from the US Federal Reserve.
Read moreEricsson CEO Ekholm to step down, to be succeeded by Per Narvinger
16th Jun 2026 14:54
(Sharecast News) - Ericsson said on Tuesday that president and chief executive Börje Ekholm has decided to step down and will be succeeded by Per Narvinger with effect from 1 October.
Read moreTPXimpact earnings jump as it completes turnaround
16th Jun 2026 14:44
(Sharecast News) - TPXimpact said on Tuesday that it had completed its three-year turnaround plan after reporting stronger margins, improved cash generation and higher new business wins for the year ended 31 March.
Read moreFTSE 250 movers: Rathbones, SDCL Efficiency slump
16th Jun 2026 14:02
(Sharecast News) - FTSE 250 (MCX) 23,353.82 -0.04%
Read moreYum Brands to sell Pizza Hut for $2.7bn
16th Jun 2026 14:01
(Sharecast News) - Yum Brands said on Tuesday that it has agreed to sell Pizza Hut for $2.7bn in two separate transactions.
Read moreBroker tips: Frasers Group, Currys, James Fisher
16th Jun 2026 13:46
(Sharecast News) - RBC Capital Markets downgraded Frasers Group on Tuesday to 'underperform' from 'sector perform' as it said the risk/reward scenario was less favourable.
Read moreUS open: Major indices trade higher as Dow builds on record close
16th Jun 2026 13:42
(Sharecast News) - Major indices were in the green early on Tuesday, with the Dow Jones building on its record close.
Read moreRBC Capital Markets upgrades Currys to 'outperform'
16th Jun 2026 13:14
(Sharecast News) - RBC Capital Markets upgraded Currys on Tuesday to 'outperform' from 'sector perform' and lifted the price target to 180p from 165p as it pointed to an attractive valuation and the potential for further share gains.
Read moreSpaceX to buy AI coding agent Cursor for $60bn
16th Jun 2026 12:38
(Sharecast News) - SpaceX said on Tuesday that it has agreed to buy San Francisco-based Anysphere, the owner of AI coding agent Cursor, for $60bn.
Read moreGalantas Gold shareholders approve Sol de Oro acquisition
16th Jun 2026 12:33
(Sharecast News) - Galantas Gold said on Tuesday that shareholders had approved its proposed acquisition of Sol de Oro Mining, which indirectly owns 100% of the Andacollo gold project in Chile.
Read moreGerman government rejects Unicredit's 'aggressive' Commerzbank bid
16th Jun 2026 12:33
(Sharecast News) - The Germany government has rejected UniCredit's hostile bid for Commerzbank, refusing to sell shares in the German lender.
Read moreActive Energy inks strategic distribution deal for GCC region
16th Jun 2026 12:27
(Sharecast News) - Active Energy announced on Tuesday that it has signed a strategic distribution agreement with Fog Hashing, giving it distribution rights across the Gulf Cooperation Council region for modular digital infrastructure used in high-performance computing, artificial intelligence and digital asset hosting.
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