News Archive
Berenberg cuts AB Dynamics target price amid tougher sector backdrop
29th Jul 2026 11:07
(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 moreLondon midday: FTSE stays up amid raft of earnings, oil keeps rising
29th Jul 2026 11:03
(Sharecast News) - London stocks were still up by midday on Wednesday, albeit off highs, supported by healthy gains in the energy sector and well-received results from the likes of Weir and Reckitt, as oil prices continued to rise amid renewed Middle East tensions.
Read moreAston Martin posts widening of losses but upbeat on outlook
29th Jul 2026 10:59
(Sharecast News) - Aston Martin Lagonda reported a widening of its first-half losses on Wednesday but said its performance had improved "materially" and struck an upbeat tone on the outlook.
Read moreKering shares surge as Gucci recovery drives return to growth
29th Jul 2026 10:44
(Sharecast News) - Kering shares surged in Paris on Wednesday after the luxury goods group reported a return to comparable sales growth and pointed to improving momentum at its flagship Gucci brand.
Read moreUK mortgage approvals tick higher in June
29th Jul 2026 10:15
(Sharecast News) - UK mortgage approvals ticked higher in June, according to data released on Wednesday by the Bank of England.
Read moreUK mortgage approvals tick higher in June
29th Jul 2026 10:15
(Sharecast News) - UK mortgage approvals ticked higher in June, according to data released on Wednesday by the Bank of England.
Read moreParagon Banking maintains guidance as trading momentum holds steady
29th Jul 2026 10:09
(Sharecast News) - Buy-to-let mortgages provider Paragon Banking said on Wednesday that it had delivered another period of strong trading, with volumes, margins, costs and capital all tracking expectations, and its full‑year guidance reaffirmed across all key metrics.
Read morePayPoint trading in line with expectations as revenue falls
29th Jul 2026 09:43
(Sharecast News) - PayPoint reported first-quarter group net revenue of £39.5m on Wednesday, down 6.4% year-on-year, as declines in Network Services, Merchant Services and Love2shop offset growth in Digital Payments and Open Banking.
Read moreAsia report: Markets mixed as tech shares slide further
29th Jul 2026 09:42
(Sharecast News) - Asia-Pacific markets closed mixed on Wednesday as investors monitored a renewed rise in oil prices and awaited the Federal Reserve's latest interest rate decision.
Read moreNew charging structure hits St James's Place profits
29th Jul 2026 09:38
(Sharecast News) - St James's Place reported adjusted IFRS pre-tax profit of £278.4m for the first half on Wednesday, down from £307.0m a year earlier, as the impact of its new charging structure offset strong growth in funds under management.
Read moreSage reiterates full-year outlook as revenue grows
29th Jul 2026 09:35
(Sharecast News) - Sage reported total revenue of £2.06bn for the first nine months of its financial year on Wednesday, up 11% year-on-year, as growth accelerated in the third quarter and demand remained strong from both new and existing customers.
Read moreRevenue, orders rise in first half at Weir Group
29th Jul 2026 09:32
(Sharecast News) - Weir Group reported first-half revenue of £1.27bn on Wednesday, up 5% at constant currency, while orders rose 8% to £1.43bn as demand remained strong across copper, gold, iron ore and oil sands markets.
Read moreRathbones says FCA probe remains 'priority' as H1 outflows near £1bn
29th Jul 2026 09:10
(Sharecast News) - Investment and wealth manager Rathbones reported an increase in first-half profits after funds under management and administration rose by over a tenth year-on-year, though net ouflows reached nearly £1bn.
Read moreGlencore posts mixed H1 output, maintains FY production guidance
29th Jul 2026 09:00
(Sharecast News) - Commodity trading and mining giant Glencore posted mixed first‑half production numbers on Wednesday, with stronger copper output offset by declines across several other commodities, while the miner reiterated its full‑year guidance ranges for all major products.
Read moreBreedon revenues rise as US, Ireland offset weak Great Britain
29th Jul 2026 08:53
(Sharecast News) - Construction materials company Breedon Group posted a solid first-half performance, with revenue rising 5% to £857.9m as strong trading in Ireland and the US offset continued weakness in Great Britain.
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