News Archive
VF Corp shares plunge despite revenue beat, guidance upgrade
29th Jul 2026 14:45
(Sharecast News) - Shares in VF Corp dropped sharply in New York on Wednesday despite the outdoor and activewear brand owner lifting full-year guidance after a strong first quarter, with investors reacting to a weak trading performance at Vans and the exit of its chief financial officer.
Read moreBroker tips: AB Dynamics, Diageo
29th Jul 2026 14:33
(Sharecast News) - Analysts at Berenberg lowered their target price for AB Dynamics to 1,700p on Wednesday, down from 2,060p, citing a more challenging automotive industry environment and lengthening procurement cycles that have delayed FY26 revenues.
Read moreUS open: Stocks lower as oil surges, traders await Fed decision
29th Jul 2026 14:01
(Sharecast News) - Major indices were in the red at the open on Wednesday as traders weighed rising oil prices and awaited the Federal Reserve's latest interest rate decision.
Read moreDeutsche Bank downgrades Diageo to 'hold' after outperformance
29th Jul 2026 14:01
(Sharecast News) - Deutsche Bank downgraded drinks maker Diageo on Wednesday to 'hold' from 'buy' following its outperformance.
Read moreBMW eyeing 8,000 job cuts in Germany, report says
29th Jul 2026 13:50
(Sharecast News) - BMW is reportedly planning to offer nearly half of its entire German workforce voluntary redundancy as it looks to eliminate 8,000 jobs by the end of next year.
Read moreChapel Down hails progress across all channels as H1 revenue rises
29th Jul 2026 13:03
(Sharecast News) - English winemaker Chapel Down reported a rise in first-half sales on Wednesday as it expressed confidence in meeting market expectations for the full year.
Read moreThursday preview: BoE policy announcement, Lloyds results in focus
29th Jul 2026 12:24
(Sharecast News) - On Thursday, investors will eye the latest policy announcement from the Bank of England, as well as half-year results from Lloyds Banking Group, Mondi, Rentokil, LSEG, BAE Systems, Rolls-Royce and Drax, and second-quarter numbers from Shell.
Read moreP&G warns on slower FY27 growth as margins fall, Q4 sales miss
29th Jul 2026 12:16
(Sharecast News) - Consumer goods giant Procter & Gamble warned of slower growth in the year ahead, as uneven demand across several categories and a tough consumer backdrop weighed on its latest quarterly performance.
Read moreHermès shares tumble as revenue growth fails to impress
29th Jul 2026 12:11
(Sharecast News) - Hermès shares slumped on Wednesday as the luxury group's first-half revenue growth disappointed investors, despite resilient demand for its leather goods and strong profitability.
Read moreInternational Personal Finance reports lower H1 profit
29th Jul 2026 12:10
(Sharecast News) - International Personal Finance reported lower first-half profit on Wednesday as investment in growth and higher impairment charges offset strong lending and customer growth.
Read moreFirst-half profit rises at Lancashire Holdings
29th Jul 2026 12:06
(Sharecast News) - Lancashire Holdings reported a rise in first-half profit on Wednesday as a quieter loss environment and disciplined underwriting helped improve its combined ratio.
Read moreShaftesbury Capital posts 8pc rise in underlying earnings
29th Jul 2026 12:03
(Sharecast News) - Shaftesbury Capital reported an 8% rise in underlying earnings to £44.0m for the first half on Wednesday, or 2.4p per share, as strong leasing activity and rental growth supported an increase in the value of its West End portfolio.
Read moreEurope midday: Shares turn red as tech valuation worries, Iran attacks weigh
29th Jul 2026 11:23
(Sharecast News) - European shares gave up morning gains and slipped into the red at midday on Wednesday amid as a surprise attack by Iran on military targets in the Gulf sent the oil price higher and another tech sell-off in Asia overnight hit sentiment.
Read moreUS mortgage applications fall 6.4pc
29th Jul 2026 11:15
(Sharecast News) - US mortgage applications decreased by 6.4% in the week ended 24 July, according to the Mortgage Bankers Associaiton, more than reversing the prior week's 1.9% increase.
Read moreUS pre-open: Futures mixed ahead of FOMC decision, tech earnings
29th Jul 2026 11:08
(Sharecast News) - Wall Street futures were mixed ahead of the opening bell on Wednesday as traders weighed rising oil prices and awaited the Federal Reserve's latest interest rate decision later in the day.
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