News Archive
Mike Ashley's Frasers ramps up stake in Hugo Boss
21st Jul 2026 09:39
(Sharecast News) - Frasers Group has boosted its stake in takeover target Hugo Boss to more than 30%, the acquisitive British retailer confirmed on Tuesday.
Read moreMony reports improved revenue and earnings, shares slide
21st Jul 2026 09:37
(Sharecast News) - Mony Group reported first-half revenue of £227.1m on Tuesday, up 6% on a like-for-like basis and 1% on a reported basis, while adjusted EBITDA rose 3% like-for-like to £75.5m.
Read moreKier sees FY results at top end of expectations
21st Jul 2026 09:30
(Sharecast News) - Construction and infrastructure firm Kier Group said on Tuesday that full-year profit and revenue were set to be at the top end of market expectations as strong trading momentum in the first half continued through the second half of the year.
Read moreEurope open: Stocks nudge up as oil prices ease
21st Jul 2026 09:05
(Sharecast News) - European stocks nudged a touch higher in early trade on Tuesday as oil prices fell amid reports of ongoing diplomatic efforts between the US and Iran.
Read moreWickes upbeat on FY26 guidance after Q2 LFL growth
21st Jul 2026 09:00
(Sharecast News) - Home improvement retailer Wickes reported like-for-like growth in both its retail and its design and installation units in second quarter, leaving the firm comfortable with 2026 adjusted pre-tax profit forecasts.
Read morePrologis ramps up pressure on Segro as deadline looms
21st Jul 2026 08:59
(Sharecast News) - Prologis made a fresh tilt at takeover target Segro on Tuesday, as it appealed to shareholders ahead of a key deadline.
Read moreNovartis returns to sales growth in second quarter
21st Jul 2026 08:23
(Sharecast News) - Novartis returned to sales growth in the second quarter, it announced on Tuesday, as demand for newer medicines helped offset intensifying generic competition for former blockbuster Entresto.
Read moreCompass posts solid Q2 as new business wins climb 16pc
21st Jul 2026 08:02
(Sharecast News) - Food services firm Compass said on Tuesday that it had delivered "another strong quarter", posting 7.1% organic revenue growth as net new business accelerated into its 4-5% target range, which it expects to hit for a fifth straight year.
Read moreLondon open: Stocks edge lower as investors mull jobs, borrowing data
21st Jul 2026 07:57
(Sharecast News) - London stocks edged lower in early trade on Tuesday as investors mulled the latest UK jobs and borrowing data ahead of Andy Burnham's first full day as prime minister, but defence names powered ahead after former Defence Secretary John Healy was appointed chancellor.
Read moreGrocery inflation eases as sales spark amid soaring temperatures
21st Jul 2026 07:46
(Sharecast News) - Food inflation slowed to the lowest rate in nearly two years in July, industry data showed on Tuesday.
Read moreMitie to be taken over by rival OCS Group in £3.1bn deal
21st Jul 2026 07:42
(Sharecast News) - Outsourcing and energy services firm Mitie said on Tuesday that it has agreed to be bought by rival OCS Group in a £3.1bn deal.
Read moreLondon pre-open: Stocks to fall ahead of Burnham's first full day as PM
21st Jul 2026 07:34
(Sharecast News) - London stocks were set to fall at the open on Tuesday as investors looked ahead to Andy Burnham's first full day as Prime Minister after he surprised markets with the appointment of John Healy as chancellor, and as tensions between the US and Iran continued to escalate.
Read moreTuesday newspaper round-up: Wealth tax, Paramount, UK pension funds
21st Jul 2026 07:18
(Sharecast News) - Andy Burnham has announced a fresh tax cut to remove VAT from domestic electricity bills from 1 October, a move that will funded from cancelling the Digital ID programme. The prime minister said in a statement: "Westminster has not been working for people for too long, with families struggling with the cost of living. That needs to change. I said I wanted to give people breathing space, and that's what I'm announcing on my second day as prime minister." - Guardian
Read moreUS court halts Paramount-Warner Bros tie‑up amid antitrust challenge
21st Jul 2026 07:14
(Sharecast News) - A US federal judge has put a temporary halt on the proposed $110bn merger between Paramount Skydance and Warner Bros Discovery, issuing a 14‑day restraining order that prevents the companies from closing the deal or beginning integration.
Read moreJPMorgan lifts M&S price target, reiterates 'overweight'
21st Jul 2026 07:13
(Sharecast News) - JPMorgan lifted its price target on Marks & Spencer on Tuesday to 450p from 440p as it reiterated its 'overweight' rating, arguing that the turnaround is gaining traction.
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