News Archive

Admiral shares spark as Citi upgrades to 'buy', opens 'positive catalyst watch'

28th Jul 2026 12:28

(Sharecast News) - Citi upgraded Admiral on Tuesday to 'buy' from 'neutral', hiked the price target to 4,243p from 3,277p and opened a 'positive catalyst watch' on the shares.

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Frasers' €2bn tilt at Hugo Boss goes unconditional

28th Jul 2026 11:38

(Sharecast News) - Frasers Group's €2bn takeover tilt for Hugo Boss has been given the green light by Brussels, the British retailer confirmed on Tuesday, making the offer unconditional.

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US pre-open: Futures mixed as traders await mega‑cap results, Fed meeting

28th Jul 2026 11:26

(Sharecast News) - Wall Street futures were pointing to a mixed open on Tuesday as traders geared up for a heavy week of mega‑cap earnings and a closely watched Federal Reserve decision.

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Boeing reports narrower loss, books another Air Force One charge

28th Jul 2026 11:08

(Sharecast News) - Boeing reported a narrower second-quarter loss on Tuesday as higher commercial aircraft deliveries boosted revenue and helped the US planemaker return to positive free cash flow, although another charge related to its delayed Air Force One programme weighed on earnings.

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Stellantis to sell Free2move car-sharing business to Mutares

28th Jul 2026 11:06

(Sharecast News) - French-Italian car company Stellantis said on Tuesday that it has agreed to sell its Free2move car-sharing business to German investment firm Mutares for an undisclosed sum.

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London midday: FTSE extends gains as investors shrug off Asian tech selloff

28th Jul 2026 10:57

(Sharecast News) - London stocks had extended gains by midday on Tuesday, shrugging off a technology selloff in Asia as the top-flight index benefitted from its low exposure to the tech sector.

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Europe midday: Stoxx up but AI funding worries weigh

28th Jul 2026 10:56

(Sharecast News) - European stock markets opened higher on Tuesday despite another Asian tech sell-off over fears about the amount of borrowing by artificial intelligence companies.

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Asia report: Most markets fall ahead of Fed, tech earnings

28th Jul 2026 09:36

(Sharecast News) - Asia-Pacific markets closed mixed but mostly lower on Tuesday as semiconductor stocks came under renewed pressure ahead of a packed week of megacap earnings and the Federal Reserve's latest rate decision.

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Essentra posts improvement in revenue, earnings

28th Jul 2026 09:33

(Sharecast News) - Essentra reported a 9% increase in first-half revenue to £166.1m on Tuesday, with like-for-like growth of 7.8%, while adjusted operating profit rose 9.7% to £18.1m and the adjusted operating margin edged up to 10.9% from 10.8%.

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Bodycote reports solid growth in first half

28th Jul 2026 09:29

(Sharecast News) - Bodycote reported a 3.3% increase in first-half revenue to £381.2m on Tuesday, with organic growth of 6.5%, while adjusted operating profit rose 10.7% to £61.0m and the adjusted operating margin improved 110 basis points to 16.0%.

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Unite Group reaffirms outlook despite softer interim earnings

28th Jul 2026 09:26

(Sharecast News) - Shares in Unite Group came under pressure on Tuesday, after the student housing specialist posted a slide in first-half earnings.

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Ofcom proposes blocking new Openreach discount scheme

28th Jul 2026 09:26

(Sharecast News) - Ofcom proposed blocking a new Openreach discount scheme on Tuesday, over concerns it could harm competition in the UK broadband market, in what would be the regulator's first intervention to stop one of the BT subsidiary's commercial offers.

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Man Group posts record H1 AUM, net inflows ahead of industry

28th Jul 2026 09:18

(Sharecast News) - Man Group reported record assets under management on Tuesday, with net inflows ahead of the industry.

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Ferrexpo warns on liquidity after fatal Black Sea vessel strike

28th Jul 2026 09:06

(Sharecast News) - Commodity trading and mining company Ferrexpo warned on Tuesday that recent logistics disruption and a fatal vessel incident in the Black Sea have had a material impact on its liquidity, with the group now expecting to have sufficient accessible cash only until the end of August.

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Inchcape reaffirms outlook, ups share buyback programme

28th Jul 2026 08:57

(Sharecast News) - Inchcape reaffirmed full-year guidance and increased its share buyback programme on Tuesday, fuelled by a strong first half.

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