News Archive

Coppa Collective reports narrower first-half losses

24th Jun 2026 09:37

(Sharecast News) - Coppa Collective said on Wednesday that first-half losses narrowed as like-for-like sales growth at its core Coppa Club brand helped offset continued pressure across the wider hospitality sector.

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European defence stocks slide as Germany set to abandon warship plans

24th Jun 2026 09:33

(Sharecast News) - European defence stocks slid on Wednesday following reports that Germany plans to abandon a multibillion-euro project to build the biggest warship commissioned by the navy since the second world war.

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London open: FTSE nudges up, property stocks surge on Segro bid news

24th Jun 2026 08:54

(Sharecast News) - London stocks nudged higher in early trade on Wednesday, with property names lending support on news of a takeover bid for Segro.

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Trainline appoints former Flutter UK boss Ian Brown as CEO

24th Jun 2026 08:43

(Sharecast News) - Rail travel platform Trainline said on Wednesday that it has appointed Ian Brown as its next chief executive officer with effect from 28 September, succeeding Jody Ford.

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Berenberg hikes target price on Howden Joinery

24th Jun 2026 08:41

(Sharecast News) - Berenberg lifted its price target on Howden Joinery to 1,075p from 1,000p on Wednesday, after incorporating the firm's recently completed acquisition of DIY Kitchens into its forecasts.

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B&M taps former Asda executive for CFO

24th Jun 2026 08:31

(Sharecast News) - Variety store and garden centre operator B&M European Value Retail has appointed Atheeq Akbar as its next chief financial officer, with the former Asda executive set to join the group in February 2027.

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Canaccord Genuity lowers target price on WH Smith

24th Jun 2026 08:22

(Sharecast News) - Analysts at Canaccord Genuity cut their price target on WH Smith from 680p to 555p on Wednesday, after the retailer lowered profit guidance amid softer trading in North America and weaker passenger volumes across its travel estate.

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Tank maker KNDS lays out plans for dual Paris-Frankfurt listing

24th Jun 2026 08:09

(Sharecast News) - KNDS announced plans for a dual listing in Paris and Frankfurt on Wednesday, setting up one of Europe's largest defence IPOs in recent years as France and Germany move to secure equal influence over the tank maker.

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Berkeley calls for 'strong political leadership' on housing as profits fall

24th Jun 2026 08:02

(Sharecast News) - Berkeley Group reported a drop in full-year profit that met its guidance on Wednesday as it called for "strong political leadership" on housebuilding and warned that London was on track to miss targets.

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Europe open: Stoxx still red as tech sell-off continues; Segro surges

24th Jun 2026 07:50

(Sharecast News) - European shares opened lower on Wednesday as the tech sell-off continued in the US overnight.

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Segro rejects £12.6bn takeover approach from Prologis

24th Jun 2026 07:37

(Sharecast News) - Shares in Segro soared on Wednesday, after the blue chip rebuffed a £12.6bn takeover approach from US real estate giant Prologis.

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London pre-open: Stocks to fall as Iran, US offer differing accounts of nuclear discussions

24th Jun 2026 07:34

(Sharecast News) - London stocks were set to fall at the open on Wednesday as investors continue to mull developments in the peace talks between the US and Iran, and news that Andy Burnham is likely to replace Rachel Reeves as chancellor if he becomes prime minister.

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PHP confirms 'advanced' talks on possible joint venture

24th Jun 2026 07:21

(Sharecast News) - Primary Health Properties confirmed it was in advanced talks with an unnamed investor on the potential formation of a joint venture involving its private hospital portfolio.

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Wednesday newspaper round-up: WH Smith, card payments, BBC News

24th Jun 2026 07:20

(Sharecast News) - Small suppliers including the charity Help for Heroes are to lose at least half the money owed to them by the former WH Smith high street chain if a planned restructure is voted through this week. The books to paperclips retailer, which has 450 stores, was bought by the private equity firm Modella Capital last year and rebranded TG Jones. It has said it is likely that it will have to call in administrators if creditors, including shop landlords, do not approve an amended restructuring plan, seen by the Guardian, designed to cut costs in a vote on Wednesday. - Guardian

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London close: FTSE ends up as property stocks, housebuilders rally

24th Jun 2026 07:13

(Sharecast News) - London stocks ended up on Wednesday, with property names lending support on news of a takeover bid for Segro, while housebuilders gained following well-received results from Berkeley.

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