News Archive
Inchcape cuts operating margin guidance on Australian underperformance
22nd Oct 2026 09:40
(Sharecast News) - Inchcape was under the cosh on Thursday after the automotive distributor cut its full-year operating margin guidance, pointing to underperformance in Australia.
Read moreLondon midday: FTSE on back foot as oil price rises subdue markets
22nd Oct 2026 09:01
(Sharecast News) - The London market remained in the red at midday on Thursday, as rising oil prices and concerns about the sustainability of artificial intelligence spending subdued stocks worldwide.
Read moreBerenberg upgrades RS Group to 'buy'
22nd Oct 2026 08:54
(Sharecast News) - RS Group received an upgrade from 'hold' to 'buy' at Berenberg on Thursday, with the broker lifting its price target to 900p from 650p as it argued that lagged PMI strength was now turning the earnings cycle in the distributor's favour.
Read moreRelx delivers broad‑based revenue gains as analytics and AI tools drive momentum
22nd Oct 2026 08:51
(Sharecast News) - Information and analytics firm Relx said on Thursday that trading remained strong through the first nine months of 2026, with underlying revenues up 7% and continued momentum across its higher-value analytics and decision tool businesses.
Read moreLSEG to buy Octus from Permira for $3.5bn, lifts full-year guidance
22nd Oct 2026 08:14
(Sharecast News) - London Stock Exchange Group announced on Thursday that it has agreed to buy credit specialist Octus from Permira for $3.5bn, as it lifted its full-year guidance.
Read moreSainsbury's lifts profit guidance after robust first-half
22nd Oct 2026 08:00
(Sharecast News) - J Sainsbury's posted improved interim sales and profits and lifted annual guidance on Thursday, as robust grocery sales helped offset weaker demand for homewares and clothing.
Read moreBarclays Q3 profit misses expectations amid weakness in fixed income
22nd Oct 2026 07:51
(Sharecast News) - Barclays reported a slightly lower-than-expected third-quarter profit on Thursday following a strong performance in equities but weakness in fixed income, as it announced a £500m share buyback and confirmed plans to cut around 5,000 jobs this year in an AI push.
Read moreLondon open: FTSE tips into the red as oil price tracks higher
22nd Oct 2026 07:35
(Sharecast News) - London stocks tipped into the red as trading got underway on Thursday, as oil prices once again tracked sharply higher and mining stocks fell back.
Read moreLondon pre-open: Stocks set to fall as investors digest slew of corporate updates
22nd Oct 2026 07:34
(Sharecast News) - London stocks were set to fall on the open on Thursday, following a slew of Wall Street earnings overnight and ahead of a similarly busy day for corporate updates in the UK.
Read moreThursday newspaper round-up: AI companies, Waitrose, gas standing charges
22nd Oct 2026 07:18
(Sharecast News) - AI companies have told ministers they have 12 months to head off public opposition to datacentres in the UK or risk US-style protests that could threaten their construction. Successive dry summers and rising energy bills are increasing public scrutiny of plans for the huge computer warehouses that are used to train and run AI models, says a submission to the Labour government from a group including the AI infrastructure companies Nvidia, Microsoft and Cisco. - Guardian
Read moreAsian stocks slide as tech sell‑off deepens, China's CSI 300 enters bear market
22nd Oct 2026 07:15
(Sharecast News) - Asian stock markets were in the red on Thursday as tech stocks led a broad regional sell‑off, with Wall Street's earnings offering little relief from mounting concerns over soaring AI investment costs, while rising Gulf tensions pushed oil higher and dampened risk appetite.
Read moreAstrazeneca's Ultomiris wins accelerated US approval
22nd Oct 2026 07:14
(Sharecast News) - Drugmaker Astrazeneca's rare‑disease unit Alexion said on Thursday that Ultomiris had won accelerated US approval as the first treatment aimed at reducing protein levels in the urine of adults with primary IgA nephropathy.
Read moreEurope open: Stocks slide as oil prices rise; Hermes tumbles
22nd Oct 2026 07:13
(Sharecast News) - European stocks fell in early trade on Thursday amid higher oil prices, having taken their cue from a weak session in Asia, as investors sifted through a raft of corporate news.
Read moreLondon close: FTSE falls amid higher oil prices, AI spending worries
22nd Oct 2026 07:13
(Sharecast News) - London stocks fell on Thursday - albeit less than their European peers - as rising oil prices and concerns about the sustainability of artificial intelligence spending subdued stocks worldwide.
Read moreQ1 sales, earnings beat forecasts at Procter & Gamble
22nd Oct 2026 07:12
(Sharecast News) - Shares in Procter & Gamble cleaned up on Thursday, even after the US consumer goods giant warned of rising costs, after quarterly earnings beat Wall Street forecasts.
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