News Archive

US consumer sentiment rebounds from record low, but remains below average

12th Jun 2026 15:10

(Sharecast News) - Consumer sentiment in the United States improved much more than expected this month, according to the University of Michigan, rebounding from a record-low level reached in May.

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Europe close: Equities rally, oil prices slide on Middle East deal hopes

12th Jun 2026 15:03

(Sharecast News) - European share markets rallied on Friday and oil prices fell after US president Donald Trump paused threatened airstrikes against Iran and again claimed that an agreement to end the war and reopen the Strait of Hormuz was close.

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US open: Stocks mixed despite easing oil, renewed US-Iran deal hopes

12th Jun 2026 14:27

(Sharecast News) - Wall Street trading got off to a mixed start on Friday as traders turned their attention to Middle East developments and SpaceX's landmark initial public offering.

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Broker tips: Tesco, Halma, Rolls-Royce

12th Jun 2026 14:26

(Sharecast News) - Shore Capital has reiterated its 'buy' rating on Tesco ahead of the supermarket's first-quarter results next week, though it doesn't expect any big positive surprises with the company facing tough comparatives with last year.

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Shell puts $3bn buyback on hold ahead of ARC shareholder vote

12th Jun 2026 14:16

(Sharecast News) - Energy major Shell has announced it is pausing its $3bn share buyback programme for a month as it awaits the outcome of a shareholder vote by ARC Resources, which it is set to buy for $16.4bn.

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FTSE 100 movers: IAG flies higher; BAE in the red

12th Jun 2026 14:03

(Sharecast News) - London's FTSE 100 was up 1.4% at 10,448.75 in afternoon trade on Friday.

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Homeware retailer Dusk planning £300m London float - report

12th Jun 2026 13:59

(Sharecast News) - Homeware retailer Dusk is reportedly planning a £300m float on the London Stock Exchange.

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Henry Boot confirms CEO transition, appoints Stonebridge MD

12th Jun 2026 13:48

(Sharecast News) - Henry Boot confirmed on Friday that Edward Hutchinson would become chief executive officer on 13 July, while also appointing Warren Thompson as managing director of its Stonebridge Homes division.

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FTSE 250 movers: Oil stocks slip as Iran peace hopes rise

12th Jun 2026 13:26

(Sharecast News) - FTSE 250 (MCX) 23,276.30 1.33%

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Severfield agrees new three-year banking facilities

12th Jun 2026 13:22

(Sharecast News) - Severfield said on Friday that it had agreed new three-year banking facilities with its existing lending syndicate, extending its debt maturity profile and improving commercial terms.

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Camellia sells £14m of South Asian art collection

12th Jun 2026 13:17

(Sharecast News) - Camellia said on Friday that it had sold a substantial part of its remaining South Asian art collection at auction for net proceeds of £14.0m.

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Symphony Environmental Technologies appoints Morocco distributor

12th Jun 2026 13:15

(Sharecast News) - Symphony Environmental Technologies said on Friday that it had appointed Synapsium as the exclusive distributor of its plastic and rubber technologies in Morocco.

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Sound Energy eurobond holders approve restructuring

12th Jun 2026 13:12

(Sharecast News) - Sound Energy said on Friday that holders of its €28.8m senior secured notes had approved a proposed restructuring that could allow the company to significantly reduce its balance-sheet debt.

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Bundesbank cuts German growth forecasts, raises inflation outlook

12th Jun 2026 13:12

(Sharecast News) - Germany's central bank has cut its growth forecasts and raised its inflation outlook, warning of the impact on Europe's largest economy from higher energy prices linked to the conflict in the Middle East.

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Pennant secures multiyear contract with Canadian government

12th Jun 2026 13:08

(Sharecast News) - Pennant International said on Friday that it had secured a multiyear software and services contract with the Canadian government worth an estimated CAD 15m over its initial five-year term.

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