News Archive

Rosebank beats full-year expectations, announces $3.05bn acquisitions

3rd Mar 2026 13:23

(Sharecast News) - Rosebank Industries reported adjusted results ahead of expectations for 2025 on Tuesday following the transformational acquisition of Electrical Components International (ECI), while unveiling a $3.05bn acquisition of two US industrial businesses alongside a £1.9bn capital raise and a conditional retail offer.

Read more

Pinterest shares surge on $1bn Elliott injection, share buyback plan

3rd Mar 2026 13:18

(Sharecast News) - Activist investor Elliott Investment Management has injected $1.0bn into Pinterest, which the image pinboard platform operator said it would use to buy back shares.

Read more

Best Buy jumps despite sales softness as big‑ticket demand stays weak

3rd Mar 2026 12:55

(Sharecast News) - Best Buy delivered a mixed set of holiday‑quarter results on Tuesday as softer demand for big‑ticket electronics weighed on sales and partly offset an improvement in profitability.

Read more

Target upbeat after 'healthy' start to the year, shares spark

3rd Mar 2026 12:50

(Sharecast News) - Shares in Target Corporation sparked on Tuesday, after the big box retailer posted stronger-than-expected fourth-quarter earnings and flagged a strong start to the current year.

Read more

US pre-open: Futures slump on renewed oil surge, escalating regional conflict

3rd Mar 2026 12:48

(Sharecast News) - Wall Street futures were firmly in the red ahead of the openning bell on Tuesday as renewed spikes in energy prices reignited concerns that the US-Iran conflict could prove more prolonged than markets had anticipated.

Read more

SigmaRoc invests EUR 1m in Litherm Technologies

3rd Mar 2026 12:37

(Sharecast News) - SigmaRoc said on Tuesday that its innovation and investment platform, SkreenHouse Ventures, had invested €1m in the €6.5m seed funding round of Litherm Technologies, a developer of fully electric calcination technology aimed at eliminating carbon dioxide emissions from lime and cement production.

Read more

Asia report: Kospi leads losses as oil prices surge

3rd Mar 2026 12:31

(Sharecast News) - Asia-Pacific markets fell sharply on Monday, with South Korea posting its worst session in 19 months, as oil prices surged after Iran reportedly said it had closed the Strait of Hormuz.

Read more

Reach reports higher adjusted operating profit, lower revenue

3rd Mar 2026 12:02

(Sharecast News) - Reach reported higher adjusted operating profit for the year ended 31 December on Tuesday, while lower revenues and digital headwinds saw the share price slide, although cost reductions and resilient print performance supported earnings ahead of market expectations.

Read more

Europe midday: Shares slump as Iran war escalates; Oil, gas prices spike

3rd Mar 2026 11:47

(Sharecast News) - European shares slumped on Tuesday as Israel and the US continued their war against Iran with renewed attacks on Tehran and neighbouring Beirut, fuelling fears of a broader conflict and sending oil and gas prices spiking.

Read more

Nivea-maker Beiersdorf warns of tough trading, shares slump

3rd Mar 2026 11:46

(Sharecast News) - Shares in Nivea-maker Beiersdorf tumbled on Tuesday, after the German company warned of challenging market conditions and weak consumer demand.

Read more

RIT Capital Partners reports full-year growth

3rd Mar 2026 11:44

(Sharecast News) - RIT Capital Partners reported a 13.5% net asset value per share total return for the year ended 31 December on Tuesday, alongside a 16.9% share price total return, as double-digit gains across all three of its investment pillars drove performance.

Read more

IWG 'cautiously' optimistic after annual earnings jump

3rd Mar 2026 11:23

(Sharecast News) - International Workspace Group said it was "cautiously optimistic" on Tuesday, after it posted an uplift in annual sales and earnings.

Read more

Running shoe maker On drops as guidance underwhelms after record 2025

3rd Mar 2026 11:20

(Sharecast News) - Shares in On Holding dropped sharply on Tuesday after the Swiss premium running shoes and apparel brand disappointed investors with its current-year sales guidance following a record 2025 which exceeded its outlook across all metrics.

Read more

London midday: FTSE extends losses amid Middle East escalation

3rd Mar 2026 11:06

(Sharecast News) - London stocks were a sea of red by midday on Tuesday as the escalating conflict in the Middle East rattled markets, with Chancellor Reeves due to deliver her Spring Statement.

Read more

Senior confirms takeover approach from Blackstone consortium

3rd Mar 2026 10:25

(Sharecast News) - Senior confirmed on Tuesday that it has received a preliminary, non-binding all-cash offer from a consortium comprising of Tinicum Incorporated and Blackstone.

Read more