News Archive

US close: Stocks retreat after Dow record amid rising oil, heavy data slate

6th Aug 2026 22:38

(Sharecast News) - Major indices closed lower on Thursday after the Dow's fresh record high, with investors digesting news from the Middle East, more corporate earnings and a number of data points.

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Europe close: Stoxx 600 near record; Renk and Telekom lift mood

6th Aug 2026 16:46

(Sharecast News) - European stocks finished higher on Thursday, with the Stoxx 600 closing near fresh record highs as investors continued to weigh resilient corporate earnings against lingering geopolitical uncertainty.

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Spire extends deadline for Toscafund takeover bid again

6th Aug 2026 16:31

(Sharecast News) - Spire Healthcare said on Thursday that the deadline for Toscafund Asset Management to make a firm offer or walk away has been extended once again as the suitor finalises its financing arrangements.

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Friday preview: Non-farm payrolls in the spotlight

6th Aug 2026 15:57

(Sharecast News) - With no FTSE 350 corporate releases due, all eyes will be on the non-farm payrolls report for July on Friday, along with average earnings and the unemployment rate.

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London close: FTSE gives up earlier gains amid earnings avalanche

6th Aug 2026 15:55

(Sharecast News) - London stocks ended a touch lower on Thursday, giving back earlier gains despite hopes of a US-Iran deal to reopen the Strait of Hormuz, as oil crept higher again and as investors waded through a deluge of corporate releases.

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US wholesale sales fall in June, inventories tick up

6th Aug 2026 15:04

(Sharecast News) - US wholesale sales fell in June, according to the Census Bureau, while inventories edged higher.

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FTSE 100 movers: Diageo rallies on cost-cutting plan; Relx goes ex-div

6th Aug 2026 15:04

(Sharecast News) - London's FTSE 100 was flat at 10,882.95 in afternoon trade on Friday.

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Castlelake abandons easyJet pursuit, clears way for £5.7bn takeover by Apollo

6th Aug 2026 15:01

(Sharecast News) - US investment firm Castlelake said on Thursday that it was abandoning its pursuit of easyJet, clearing the path for a £5.7bn takeover by Apollo.

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RBC Capital hikes Bodycote price target on potential for competing bids

6th Aug 2026 14:31

(Sharecast News) - RBC Capital Markets suggested on Thursday that takeover approaches by private equity firms CVC and Veritas Capital for Bodycote are "not very generous", as it lifted its price target on shares of the provider of heat treatment and specialist metallurgical technologies.

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RBC Capital hikes Bodycote price target on potential for competing bids

6th Aug 2026 14:31

(Sharecast News) - RBC Capital Markets suggested on Thursday that takeover approaches by private equity firms CVC and Veritas Capital for Bodycote are "not very generous", as it lifted its price target on shares of the provider of heat treatment and specialist metallurgical technologies.

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US non‑farm productivity up 1.4pc in Q2

6th Aug 2026 13:56

(Sharecast News) - US labour productivity picked up in the second quarter, according to preliminary figures from the Bureau of Labor Statistics on Thursday, with non‑farm business sector productivity rising 1.4% on an annualised basis as output increased 1.7%, hours worked edged 0.3% higher and productivity was up 2.2%.

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OSB Group cuts margin guidance, shares tank

6th Aug 2026 13:54

(Sharecast News) - Shares of OSB Group slid on Thursday after the lender downgraded its margin and return on tangible equity guidance for https://www.investegate.co.uk/announcement/gnw/osb-group--osb/osb-group-plc-interim-report-for-the-six-mont-/9707254the year.

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Rheinmetall, Renk paint contrasting defence picture

6th Aug 2026 13:19

(Sharecast News) - Rheinmetall shares slumped on Thursday after the German defence group cut its 2026 sales outlook, overshadowing otherwise steady quarterly figures.

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Quilter slips despite record inflows, double‑digit profit growth in H1

6th Aug 2026 12:56

(Sharecast News) - Investment and wealth manager Quilter delivered another strong first‑half performance on Thursday, reporting record net inflows and double‑digit profit growth across its platform, solutions and high‑net‑worth businesses, although the stock traded lower as investors focused on rising costs and weaker interest income.

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Diageo outlines plans for $1bn cost savings, shares fizz higher

6th Aug 2026 12:55

(Sharecast News) - Diageo shares fizzed higher on Thursday as the drinks giant outlined plans to save around $1bn over the next three years alongside its full-year results.

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