News Archive

Thursday newspaper round-up: Property taxes, Ryanair, Addleshaw Goddard

28th Aug 2025 07:28

(Sharecast News) - Speculation that the chancellor could announce new property taxes in her autumn budget is likely to slow down an already price-sensitive housing market, estate agents have said. Rachel Reeves is reportedly considering a tax on the sale of homes over £500,000 and the removal of the capital gains tax exemption on primary residences above £1.5m as ways to boost income for the government. - Guardian

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Distribution weakness offsets manufacturing growth at Macfarlane

28th Aug 2025 07:23

(Sharecast News) - Macfarlane Group reported higher first-half revenue but a sharp fall in profit on Thursday, as weaker demand in its distribution arm offset growth in manufacturing operations.

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FCA investigating Drax over biomass sourcing statements

28th Aug 2025 07:23

(Sharecast News) - Drax tumbled on Thursday after saying it is being investigated by the Financial Conduct Authority over statements regarding biomass sourcing.

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Softcat forecasts strong FY25 profit growth, expects softer gains in FY26

28th Aug 2025 07:11

(Sharecast News) - IT infrastructure firm Softcat said on Thursday that it now expected to deliver "high-teens growth" in full-year gross profits and "mid-teens growth" in FY operating profits as it continued to "trade well" during the fourth quarter, supported by further conversion of larger solutions projects.

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Hunting holds guidance but cautious on trading

28th Aug 2025 07:03

(Sharecast News) - Precision engineering group Hunting on Thursday held full-year guidance but cautioned that market uncertainty could impact results.

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US close: Stocks edge higher but rangebound ahead of Nvidia earnings

27th Aug 2025 22:49

(Sharecast News) - US stocks finished with small gains on Wednesday, with upside limited by nervousness ahead of the release of Nvidia's earnings, and uncertainty surrounding the future of the Federal Reserve.

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Thursday preview: US Q2 GDP, Nvidia results in focus

27th Aug 2025 20:30

(Sharecast News) - The market spotlight on Thursday will be on a preliminary reading for second quarter GDP growth in the US.

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London close: Stocks slip ahead of Nvidia earnings

27th Aug 2025 17:26

(Sharecast News) - London stocks slipped on Wednesday as investors awaited quarterly results from US technology giant Nvidia, due after the closing bell on Wall Street.

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Europe close: Stocks mixed as investors eye Nvidia earnings, Fed turmoil

27th Aug 2025 16:24

(Sharecast News) - European stocks were mixed on Wednesday with traders across global equity markets scaling back their appetite for risk amid ongoing concerns about Federal Reserve independence and nervousness ahead of earnings from chip titan Nvidia.

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Broker tips: Strix, Trifast, Zotefoams, JD Sports

27th Aug 2025 14:50

(Sharecast News) - Analysts at Berenberg initiated coverage on a number of UK capital goods and industrial engineering firms on Wednesday, noting that UK industrials have underperformed the market 11.8% year-to-date, with macroeconomic uncertainty and tariffs not helping matters.

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Director dealings: Ashtead Technology chairman raises stake

27th Aug 2025 14:50

(Sharecast News) - Ashtead Technology revealed on Wednesday that chairman Bill Shannnon had acquired 30,000 ordinary shares in the London-listed subsea technology firm.

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FTSE 250 movers: Hochschild slumps on output cut

27th Aug 2025 14:29

(Sharecast News) - FTSE 250 (MCX) 21,796.73 -1.27%

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FTSE 100 movers: JD Sports rallies on results; AB Foods, Kingfisher fall again

27th Aug 2025 13:55

(Sharecast News) - London's FTSE 100 was down 0.1% at 9,257.08 in afternoon trade on Wednesday.

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Kohl's shares surge on confident outlook, Q2 beat

27th Aug 2025 13:48

(Sharecast News) - Shares in Kohl's surged by nearly a quarter on Wednesday after the American department store chain beat forecasts with its second-quarter results and guided to a slightly lower-than-expected sales decline this year.

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US open: Dow extends gains, Nasdaq slips as investors await Nvidia results

27th Aug 2025 13:09

(Sharecast News) - Wall Street trading got off to a mixed start on Wednesday as investors awaited quarterly earnings from AI darling Nvidia.

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