News Archive

Jefferies downgrades Imperial Brands to 'hold', slashes price target

19th Oct 2026 10:34

(Sharecast News) - Jefferies downgraded Imperial Brands on Monday to 'hold' from 'buy' and slashed the price target to 2,700p from 3,500p.

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Carrefour to buy Codifrance in €152m cash deal

19th Oct 2026 10:00

(Sharecast News) - France's Carrefour has agreed to snap up wholesale business Codifrance in a €152m deal, it was announced on Monday.

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Lindt ousts CEO, shakes up management amid falling sales

19th Oct 2026 09:11

(Sharecast News) - Lindt & Sprungli has ousted its chief executive, the Swiss chocolatier confirmed on Monday, less than a month after it slashed annual guidance for the second time this year amid higher cocoa prices and subdued demand.

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Serica Energy cuts production forecast after Triton restart delay

19th Oct 2026 09:11

(Sharecast News) - Serica Energy has lowered its full-year production forecast after maintenance work at its Triton facility was extended, although the North Sea oil and gas producer maintained its cash flow guidance amid stronger gas prices.

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Canaccord Genuity lowers target price on Beeks Financial Cloud

19th Oct 2026 09:06

(Sharecast News) - Canaccord Genuity cut its target price on Beeks Financial Cloud from 335p to 300p on Monday, while reiterating its 'buy' rating, saying the group continues to deliver solid growth and visibility into FY27 despite a softer first half.

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GSK's Ris‑Rez shows 61pc response rate in early lung cancer study

19th Oct 2026 09:05

(Sharecast News) - Drugmaker GSK reported new early‑stage global data for risvutatug rezetecan (Ris‑Rez), an experimental cancer treatment being tested in patients with relapsed small‑cell lung cancer.

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Mulberry H1 sales rise 18% as turnaround takes shape

19th Oct 2026 08:16

(Sharecast News) - Mulberry reported a jump in first-half sales on Monday as it said its turnaround was taking shape, highlighting strong full-price sales growth and a solid performance in the US.

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Mulberry H1 sales rise 18% as turnaround takes shape

19th Oct 2026 08:16

(Sharecast News) - Mulberry reported a jump in first-half sales on Monday as it said its turnaround was taking shape, highlighting strong full-price sales growth and a solid performance in the US.

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London open: Stocks fall as investors eye US tech earnings

19th Oct 2026 07:58

(Sharecast News) - London stocks fell in early trade on Monday as investors mulled a raft of Chinese data and looked ahead to the release of key US tech earnings this week.

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ITM Power annual losses narrow as revenues hit record high

19th Oct 2026 07:56

(Sharecast News) - Green hydrogen technology group ITM Power reported a 68% jump in annual revenues and sharply reduced losses on Monday, as strong project execution and improved product performance helped the company beat its upgraded guidance.

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Europe open: French, Italian stocks fall after weekend protests turn violent

19th Oct 2026 07:49

(Sharecast News) - European shares were mixed at the open on Monday as investors assessed the impact of political unrest in France over plans to cut public spending, while protests also turned violent in Italy.

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London pre-open: Stocks to edge lower; US tech earnings eyed

19th Oct 2026 07:45

(Sharecast News) - London stocks were set to nudge lower at the open on Monday as oil prices fell and as investors eyed a slew of US tech earnings this week.

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Economic growth picks up in China on robust export demand

19th Oct 2026 07:29

(Sharecast News) - China's economic growth gathered pace in the third quarter, official data showed on Monday, as booming international demand for artificial intelligence-related tech helped offset weakness elsewhere.

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LondonMetric reaffirms guidance on solid first half

19th Oct 2026 07:23

(Sharecast News) - LondonMetric Property flagged a jump in net income on Monday, leaving it on track to meet full-year guidance, despite a challenging macroeconomic backdrop.

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London close: FTSE slides as European civil unrest dents sentiment

19th Oct 2026 07:22

(Sharecast News) - London stocks fell sharply on Monday as civil unrest in France and Italy dented sentiment, and as investors eyed a raft of key US earnings later in the week.

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