News Archive
Frasers Group lifts Burberry stake to 4.2%, shares spark
29th Jul 2026 08:24
(Sharecast News) - Burberry shares sparked again on Wednesday after Mike Ashley's Frasers Group lifted its stake in the luxury fashion brand to 4.2%.
Read moreAberdeen shares slide despite first-half profit growth
29th Jul 2026 08:15
(Sharecast News) - Aberdeen reported a 21% rise in adjusted operating profit to £151m for the first half on Wednesday, as revenue growth and lower costs helped offset continued net outflows.
Read moreMetlen signs gallium supply agreement with unnamed US tech firm
29th Jul 2026 08:14
(Sharecast News) - Greek aluminium producer Metlen Energy & Metals on Wednesday said it had signed a long‑term supply gallium agreement with an unnamed US technology company.
Read moreStandard Chartered launches $1bn buyback, lifts FY income target
29th Jul 2026 08:11
(Sharecast News) - Standard Chartered announced the launch of a $1bn share buyback on Wednesday and lifted its full-year income target at it posted better-than-expected first-half profit.
Read moreReckitt posts robust Q2 performance, maintains FY targets
29th Jul 2026 08:10
(Sharecast News) - Consumer goods giant Reckitt delivered a "strong" second quarter with broad‑based acceleration, prompting the group to reiterate its full‑year outlook as momentum improved across regions, categories and its Mead Johnson Nutrition arm.
Read moreFirstGroup sees lower profit, higher cash flow after £48m Mistral Data disposal
29th Jul 2026 07:59
(Sharecast News) - FirstGroup said adjusted operating profit for 2027 would fall by £4m after agreeing to sell its Mistral Data unit to Tracsis for £48m but added the disposal would strengthen the group's medium‑term cash generation outlook.
Read moreEurope open: Stoxx shrugs off Iran attack, Asia sell-off to post gains
29th Jul 2026 07:57
(Sharecast News) - European shares were higher amid an earnings dump at the open despite a surprise attack by Iran on military targets in the Gulf sending the oil price higher and another tech sell-off in Asia overnight.
Read moreLondon open: FTSE gains as Weir, Reckitt rally on results; oil up on MidEast tensions
29th Jul 2026 07:57
(Sharecast News) - London stocks rose in early trade on Wednesday, supported by healthy gains in the energy sector and well-received results from the likes of Weir and Reckitt, as oil prices jumped amid renewed Middle East tensions.
Read moreGreggs H1 profits rise despite subdued consumer confidence
29th Jul 2026 07:49
(Sharecast News) - Bakery chain Greggs reported a rise in first-half profit and sales on Wednesday despite "subdued consumer confidence and increased uncertainty", as it pointed to growth in the grocery business and strong cost control.
Read moreRio Tinto half-year profits jump on higher commodity prices, demand
29th Jul 2026 07:39
(Sharecast News) - Mining giant Rio Tinto on Wednesday reported a jump in first‑half profit driven by higher metals prices and demand.
Read morePlus500 inks strategic partnership with Wealthsimple
29th Jul 2026 07:37
(Sharecast News) - Fintech firm Plus500 has struck a strategic partnership with Canada's Wealthsimple, further strengthening its position as a leading business-to-business infrastructure provider in the fast‑growing futures market.
Read moreLondon pre-open: Stocks to dip as oil rises on fresh MidEast tensions; earnings roll in
29th Jul 2026 07:30
(Sharecast News) - London stocks were set to dip at the open on Wednesday as oil prices rose amid renewed Middle East tensions, and as investors braced for a deluge of corporate releases.
Read moreWednesday newspaper round-up: Apple, Netflix, grid operators
29th Jul 2026 07:14
(Sharecast News) - Andy Burnham has been warned by a leading thinktank of "very difficult trade-offs in the next autumn budget" if the Iran war keeps oil prices and inflation high. The National Institute of Economic and Social Research (NIESR) said the new prime minister faced a "challenging inheritance" and his plans to revamp public services would meet severe pressure from persistently higher prices. - Guardian
Read moreGrant Thornton to buy rival CBIZ in $5bn deal
29th Jul 2026 07:09
(Sharecast News) - Grant Thornton said on Wednesday that it has agreed to buy rival CBIZ in a $5bn deal that will create the fifth-largest US provider of professional services, tax and advisory services.
Read moreUBS announces $3bn buyback after strong quarter
29th Jul 2026 07:09
(Sharecast News) - UBS reported a stronger-than-expected second quarter on Wednesday, driven by buoyant investment banking and wealth management activity, and announced a new $3bn share buyback programme.
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