News Archive

Berenberg hikes target price on Rolls-Royce

12th Jun 2026 07:49

(Sharecast News) - Analysts at Berenberg raised their price target for Rolls‑Royce from 1,270p to 1,430p on Friday and upgraded the stock from 'hold' to 'buy', citing the firm's best‑in‑class engine fleet and defensive qualities.

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UK economy shrinks 0.1% in April

12th Jun 2026 07:46

(Sharecast News) - The UK economy contracted 0.1% in April, according to figures released on Friday by the Office for National Statistics, in line with expectations.

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London pre-open: Stocks to jump, oil falls as Trump claims peace deal is close

12th Jun 2026 07:31

(Sharecast News) - London stocks were set to rise at the open on Friday following strong gains on Wall Street, after Donald Trump said a deal with Iran was close to being agreed, and as investors mulled the latest UK GDP data.

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SpaceX rockets to $75bn raise in biggest US listing to date

12th Jun 2026 07:19

(Sharecast News) - SpaceX has raised $75bn in a record‑setting initial public offering, catapulting Elon Musk's rocket, satellite and artificial intelligence group into the upper tier of US‑listed companies amid surging investor demand.

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Kier wins two-year maintenance contract extension from South West Water

12th Jun 2026 07:17

(Sharecast News) - Infrastructure group Kier on Friday said it had won an extension to continue delivering maintenance and improvements across South West Water's network over the next two years.

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Friday newspaper round-up: Elon Musk, Blackstone boss, Ardmore Construction

12th Jun 2026 07:12

(Sharecast News) - The World Cup will be the most lucrative sports event ITV has ever aired, the broadcaster has said, with bosses calling the tournament a "six-week summer Super Bowl moment" for TV advertising. The channel is airing 51 of the 104 matches across the men's tournament, co-hosted by the US, Mexico and Canada, which is the biggest yet after an expansion from 32 to 48 teams. - Guardian

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Week ahead: Raft of policy announcements due; AO World results, Tesco update eyed

12th Jun 2026 07:07

(Sharecast News) - Next week sees the release of full-year results from the likes of AO World and FirstGroup, trading updates from Tesco and Whitbread and the latest policy announcements from the Bank of England, the Federal Reserve and the Bank of Japan.

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German inflation confirmed at 2.7% in May

12th Jun 2026 07:06

(Sharecast News) - German inflation eased slightly to 2.7% in May, according to official data published on Friday, confirming flash estimates.

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US close: Stocks surge as Trump cancels Iran strikes, says peace deal imminent

11th Jun 2026 22:14

(Sharecast News) - US stocks rebounded strongly from a five-week low on Thursday after Donald Trump called off further strikes on Iran, claiming that a peace deal between the two nations could be signed within the coming days.

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Europe close: Markets rise as ECB hikes interest rates

11th Jun 2026 17:54

(Sharecast News) - European shares closed higher on Thursday after the European Central Bank raised interest rates as expected, even as the US and Iran again exchanged missile strikes.

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Aeorema agency awarded three-year Climate Week NYC contract

11th Jun 2026 17:35

(Sharecast News) - Aeorema Communications said on Thursday that its brand experience agency Cheerful Twentyfirst had been awarded a three-year contract to deliver Climate Week NYC in 2026, 2027 and 2028.

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London close: Stocks come off highs as oil prices rise on Iran conflict

11th Jun 2026 16:56

(Sharecast News) - London's blue chip index rose on Thursday for the second day, though gains were trimmed by the close of play as oil prices turned higher amid threats of further conflict between the US and Iran.

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Amazon's data centres used less water in 2025

11th Jun 2026 16:04

(Sharecast News) - Amazon has said its data centre business is three quarters of the way to hitting its water-positive target by 2030, after improving water efficiency by 52% since 2021.

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FTSE 250 movers: Wizz flies higher; NCC slides as sale ruled out

11th Jun 2026 15:43

(Sharecast News) - FTSE 250 (MCX) 23,010.48 0.26%

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Broker tips: Bellway, Cleantech Lithium

11th Jun 2026 15:08

(Sharecast News) - Berenberg cut its target price on Bellway from 2,800p to 2,100p on Thursday after trimming its profit forecasts following the housebuilder's latest trading update.

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