News Archive

Goldman Sachs cuts oil price forecast on Iran deal

16th Jun 2026 10:12

(Sharecast News) - Goldman Sachs cut its oil price forecast on Tuesday as it now assumes an earlier recovery in Middle East supply following a deal to reopen the Strait of Hormuz.

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Boohoo predicts return to growth despite revenue slump

16th Jun 2026 09:36

(Sharecast News) - Online retailer Boohoo Group posted a sharp slide in annual revenues on Tuesday, but forecast further growth as its turnaround programme gathered pace.

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Accsys on track to meet 2027 strategic targets

16th Jun 2026 09:35

(Sharecast News) - Accsys Technologies said on Tuesday that it remained on track to meet its 2027 strategic targets after reporting higher revenue and improved profitability for the year ended 31 March.

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Asia report: Markets mixed as BoJ hikes rates to 30-year high

16th Jun 2026 09:31

(Sharecast News) - Asia-Pacific markets were mixed on Tuesday as investors assessed the proposed US-Iran peace deal, after the Dow Jones Industrial Average climbed to a fresh record in the previous session and oil prices extended their decline.

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Warpaint maintains expectations amid tough trading conditions

16th Jun 2026 09:31

(Sharecast News) - Warpaint London said on Tuesday that its full-year expectations remained unchanged, despite difficult trading conditions continuing into 2026, as sales from 1 April to 31 May were ahead of the same period last year and group margins improved compared with 2025.

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RBC Capital downgrades Frasers, says risk/reward less favourable

16th Jun 2026 09:28

(Sharecast News) - RBC Capital Markets downgraded Frasers Group on Tuesday to 'underperform' from 'sector perform' as it said the risk/reward was less favourable.

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Rathbones shares slide on outcome of FCA engagement, review

16th Jun 2026 09:27

(Sharecast News) - Rathbones shares were sliding on Tuesday after it said a skilled person review following engagement with the Financial Conduct Authority had identified areas for improvement in its UK Wealth Management business, including the implementation and embedding of Consumer Duty and aspects of compliance, oversight and assurance.

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Everyman Media considering AIM delisting after shareholder support

16th Jun 2026 09:13

(Sharecast News) - Shares in Everyman Media Group dropped on Tuesday after the premium cinema chain said that a possible delisting of the stock from AIM is "likely" due to the support of the proposal from a portion of shareholders.

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IP Group portfolio company begins dosing patients in Phase 2 trial

16th Jun 2026 08:30

(Sharecast News) - Science and technology investment firm IP Group said on Tuesday that portfolio company Istesso has begun dosing patients in a Phase 2 trial of its lead drug candidate, leramistat, targeting severe muscle loss in people with rheumatoid arthritis.

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London open: FTSE nudges up as investors mull US-Iran deal; BOJ, RBA in focus

16th Jun 2026 08:19

(Sharecast News) - London stocks were a smidgen higher in early trade on Tuesday as investors mulled the latest on the peace deal between the US and Iran, with policy announcements from the Bank of Japan and Reserve Bank of Australia also in focus.

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SThree posts drop in H1 net fees but hails strong growth in US

16th Jun 2026 08:11

(Sharecast News) - SThree backed its full-year guidance on Tuesday as the recruiter posted a drop in first-half group net fees but said the rate of decline had moderated during the period, supported by strong growth in the USA.

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Tatton posts results ahead of market expectations

16th Jun 2026 08:04

(Sharecast News) - Tatton Asset Management reported full-year results ahead of market expectations on Tuesday, with revenue rising 20.1% to £54.4m and adjusted operating profit increasing 24.1% to £28.5m in the year ended 31 March.

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Europe open: Shares gain as Dow, Nikkei hit records on Iran peace deal

16th Jun 2026 08:00

(Sharecast News) - European shares opened higher after record closes on Wall Street and Tokyo amid cautious optimism over the US-Iran peace deal.

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Retail sales fall in China for first time since 2022

16th Jun 2026 07:55

(Sharecast News) - Retail sales in China fell sharply in May, official data showed on Tuesday, the first slide in more than three years.

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BOJ lifts rates to highest since 1995, as expected

16th Jun 2026 07:53

(Sharecast News) - The Bank of Japan lifted its policy rate on Tuesday from 0.75% to 1% - the highest level since 1995 - in line with expectations.

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