News Archive

Comcast spin-off Versant launches $1bn buyback despite weaker annual results

3rd Mar 2026 07:09

(Sharecast News) - Cable TV group Versant Media posted its debut earnings report on Tuesday following its spin-off from Comcast in January, which showed a slight fall in annual revenues, as the company expressed ambitions to shift its ramp up its growing non-pay TV arm.

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Fresnillo profits surge on higher gold, silver prices

3rd Mar 2026 07:05

(Sharecast News) - Fresnillo on Monday reported record full-year profits on the back of higher gold and silver prices but said production would be lower in 2026.

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Smiths Group to acquire DRC Heat Transfer for £164m

3rd Mar 2026 07:02

(Sharecast News) - Engineering firm Smiths Group has agreed to acquire US-based custom heat transfer and cooling solutions designer DRC Heat Transfer for £164m.

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Intertek forecasts further growth after 'record' results

3rd Mar 2026 07:02

(Sharecast News) - Testing and inspection specialist Intertek Group forecast further earnings growth on Tuesday, following a jump in annual sales and profits.

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US close: Markets erase losses as energy, defence stocks rise on Iran conflict

2nd Mar 2026 23:03

(Sharecast News) - US stocks rebounded off their lows but still finish mixed on Monday, as the escalating conflict in the Middle East limited upside on Wall Street as oil prices surged to eight-month highs.

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Europe close: Energy stocks rise, travel plays fall on war in Iran

2nd Mar 2026 17:39

(Sharecast News) - European shares registered large losses on Monday after the US and Israel launched airstrikes on Iran over the weekend, assassinating the country's leader and several members of his administration, triggering sharp declines in airline and leisure stocks while defence and oil names rallied strongly.

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London close: Oil spikes, stocks drop as investors eye Middle East conflict

2nd Mar 2026 16:51

(Sharecast News) - UK stocks pulled back sharply from record highs on Monday as risk appetite was hammered by the escalating conflict in the Middle East, as surging oil prices raised fears about inflationary pressures closer to home.

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Zurich to buy Beazley in £8.1bn deal

2nd Mar 2026 15:33

(Sharecast News) - London-listed insurer Beazley said on Monday that it has agreed to be taken over by Zurich Insurance in an £8.1bn deal.

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US manufacturing growth holds steady, ISM survey shows

2nd Mar 2026 15:25

(Sharecast News) - US manufacturing activity grew for the second straight month in February, with growth holding relatively stable, according to figures out on Monday from the Institute for Supply Management.

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FTSE 100 movers: Informa slides; Bunzl in the black

2nd Mar 2026 15:02

(Sharecast News) - London's FTSE 100 was down 1.4% at 10,762.24 in afternoon trade on Monday.

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BlackRock-EQT consortium to buy AES for $10.7bn, shares drop

2nd Mar 2026 14:43

(Sharecast News) - Shares in AES plunged on Wall Street on Monday after the clean energy firm agreed to be acquired by a consortium led by BlackRock's Global Infrastructure Partners and EQT for $10.7bn.

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Nvidia to invest $4bn in Lumentum, Coherent

2nd Mar 2026 14:37

(Sharecast News) - US tech giant Nvidia said on Monday that it will invest $4bn in Lumentum and Coherent, split equally between the two companies, which develop photonics technologies.

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FTSE 250 movers: Iran war sees cyclical stocks come into focus

2nd Mar 2026 14:23

(Sharecast News) - FTSE 250 (MCX) 23,435.90 -1.35%

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BAE Systems well-placed as tensions flare in Middle East - Morgan Stanley

2nd Mar 2026 13:47

(Sharecast News) - BAE Systems is well-positioned to benefit from higher US spending, according to Morgan Stanley in a note on Europe's aerospace and defence sector.

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QatarEnergy halts LNG production amid military strikes

2nd Mar 2026 12:42

(Sharecast News) - QatarEnergy has halted production of liquefied natural gas and associated products after military attacks targeted its operating facilities in Ras Laffan Industrial City and Mesaieed Industrial City, the state-owned company said on Monday.

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