News Archive
Berenberg hikes target price on Bridgepoint
16th Oct 2026 07:41
(Sharecast News) - Analysts at Berenberg lifted their target price on Bridgepoint to 455p from 360p on Friday, citing a fresh round of upgrades following the group's unscheduled trading update on 7 October.
Read moreIthaca Energy chief to step down
16th Oct 2026 07:35
(Sharecast News) - The chief executive of Ithaca Energy is to step down after two years in the role, it was announced on Friday.
Read moreChancellor mulls hiking taxes on banks - report
16th Oct 2026 07:35
(Sharecast News) - Bank stocks came under pressure on Friday, after it was reported that chancellor John Healey was considering hitting the sector with a fresh wave of taxes.
Read moreLondon pre-open: Stocks to nudge lower; banks in focus
16th Oct 2026 07:32
(Sharecast News) - London stocks were set to nudge a smidgen lower at the open on Friday following solid gains in the previous session, with banks in focus following reports that chancellor John Healey will raise taxes on the sector in his Budget later this month.
Read moreMan Group assets under management hit $270.9bn
16th Oct 2026 07:32
(Sharecast News) - Investment manager Man Group reported a solid rise in assets under management in the third quarter, increasing to $270.9bn as at 30 September from $253.6bn three months earlier, marking continued momentum across both alternatives and long‑only strategies.
Read moreWeek ahead: Barclays, Meta and Netflix results due
16th Oct 2026 07:24
(Sharecast News) - The UK corporate calendar will get busy next week, with results from the likes of Barclays and Sainsbury's due, while in the US, Meta, Tesla and Netflix are also slated to report earnings.
Read moreIofina cuts production outlook after weaker third quarter
16th Oct 2026 07:22
(Sharecast News) - Iodine producer Iofina has lowered its production forecast for the second half of 2026 after reporting weaker-than-expected output in the third quarter, due to reduced water supplies, maintenance work and delays at two of its plants.
Read moreFriday newspaper round-up: Banks, Meta, John Lewis, Big Four accountancy firms
16th Oct 2026 07:22
(Sharecast News) - John Healey is poised to tax Britain's banks in his 28 October budget, to help offset the damage inflicted on the public finances by war in the Middle East, the Guardian understands. The chancellor is in Bangkok, where the International Monetary Fund has praised the UK's progress towards balancing the books, urging him to "stay the course". To keep the Treasury's deficit reduction plans on track in the face of rising government borrowing costs, the Guardian understands Healey has decided to tap the financial sector for additional revenue. - Guardian
Read moreIP Group invests £4m in portfolio company Microbiotica financing round
16th Oct 2026 07:12
(Sharecast News) - Science and technology investor IP Group said portfolio company Microbiotica has closed a £36m financing in which it invested £4m.
Read moreUS close: Stocks erase losses after early sell-off as bond yields fall
15th Oct 2026 23:37
(Sharecast News) - US stocks erased early losses to finish in positive territory on Thursday after a sharp drop in Treasury yields, with the Dow jumping more than 1% despite hotter-than-expected inflation figures and ongoing concerns about AI-related spending.
Read moreBroker tips: Discoverie, Avon Technologies
15th Oct 2026 15:20
(Sharecast News) - Analysts at Berenberg lifted their target price for DiscoverIE from 1,050p to 1,100p on Thursday, citing sustained organic momentum, a strengthening order book and earnings running ahead of expectations.
Read moreDeutsche Bank hikes target price on Avon Technologies
15th Oct 2026 14:41
(Sharecast News) - Deutsche Bank lifted its price target for Avon Technologies from 2,000p to 2,480p, saying last week's strategy event underscored the scale of the group's turnaround and justified higher earnings estimates.
Read moreUS open: Stocks mixed as energy‑driven PPI surge, AI jitters weigh on sentiment
15th Oct 2026 14:38
(Sharecast News) - Major indices were mixed early on Thursday as a sharp jump in producer prices added to pressure on tech stocks, following a hotter‑than‑expected inflation reading and fresh worries over AI‑related overspending.
Read moreDirector dealings: British American Tobacco's Karen Guerra purchases shares
15th Oct 2026 14:36
(Sharecast News) - British American Tobacco revealed on Thursday that non-executive director Karen Guerra had acquired 6,000 ordinary shares in the FTSE 100-listed tobacco giant.
Read moreUS retail sales up 0.8pc in September as higher fuel prices feed through
15th Oct 2026 14:21
(Sharecast News) - US retail sales rose 0.8% month‑on‑month in September, according to the Census Bureau, comfortably beating expectations and building on August's upwardly revised 1.3% gain.
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