News Archive

Jefferies downgrades Derwent London, slashes price target

27th Feb 2026 11:09

(Sharecast News) - Jefferies downgraded Derwent London to 'underperform' from 'hold' on Friday as it slashed the price target to 1,550p from 1,820p, with the shares at a 44% discount to FY26 net asset value of 3,282p and with a forward dividend yield of 4.5%.

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Europe midday: Stoxx hits fresh high; Melrose tanks

27th Feb 2026 11:09

(Sharecast News) - European shares hit fresh records again on Friday despite a weaker showing on Wall Street overnight, driven by a fall in Nvidia stock.

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Guardian Metal Resources makes SEC filing for proposed US offering

27th Feb 2026 11:09

(Sharecast News) - Guardian Metal Resources said on Friday that it has filed a registration statement with the US Securities and Exchange Commission (SEC) for a proposed initial public offering of American Depositary Shares in the United States.

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Murray Income Trust trails benchmark, appoints new manager

27th Feb 2026 11:05

(Sharecast News) - Murray Income Trust reported an 8.1% net asset value total return for the six months ended 31 December on Friday, trailing its benchmark, the FTSE All-Share Index, which delivered a 13.7% return over the same period.

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London midday: FTSE hits fresh highs amid earnings flurry; miners rally

27th Feb 2026 11:02

(Sharecast News) - London stocks were still higher by midday on Friday, having hit fresh highs above 10,900, with miners powering the gains amid a flurry of results from the likes of Rightmove, Melrose and IAG.

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Asia report: Markets mixed after tech-led pullback on Wall Street

27th Feb 2026 10:36

(Sharecast News) - Asia-Pacific markets traded mixed on Friday as investors reacted to a pullback on Wall Street, where the S&P 500 retreated after the latest results from Nvidia and Salesforce failed to lift broader sentiment.

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Delivery Hero shares slump on below-expectations update

27th Feb 2026 10:36

(Sharecast News) - Shares in Delivery Hero fell sharply on Friday after the group reported full-year gross merchandise value (GMV) slightly below market expectations, despite highlighting improved profitability and a return to growth in Asia.

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Diversified Energy posts record year, announces east Texas acquisition

27th Feb 2026 10:30

(Sharecast News) - Diversified Energy reported record annual results for 2025 overnight on Friday, with more than doubling of adjusted EBITDA and free cash flow following around $2bn of acquisitions, while announcing a further $245m bolt-on deal in east Texas and maintaining its quarterly dividend at 29 cents per share.

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Just Group profits fall as it prepares for combination with BWS

27th Feb 2026 10:24

(Sharecast News) - Just Group reported a sharp fall in underlying profit for 2025 on Friday, as it deliberately reduced volumes in an increasingly competitive defined benefit de-risking market, while progressing its proposed acquisition by Brookfield Wealth Solutions.

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Fees and profits fall at Hays, CEO steps down

27th Feb 2026 10:23

(Sharecast News) - Shares in Hays fell sharply in morning trading on Friday, as the recruiter flagged a weaker jobs market, slashed the dividend and announced a change in leadership.

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Hornby Hobbies to sell Scalextric business for £20m

27th Feb 2026 10:20

(Sharecast News) - Hornby Hobbies said on Friday that it has agreed to sell its Scalextric business for £20m.

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City of London Inv't Trust underperforms market, outperforms peers in H1

27th Feb 2026 10:19

(Sharecast News) - City of London Investment Trust's first-half results showed that the fund underperformed the wider market over the six months to 31 December but outperformed peers, as the company lifted its dividend.

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Nintendo plans ¥300bn share sale as major investors unwind stakes

27th Feb 2026 10:16

(Sharecast News) - Video games giant Nintendo was reportedly preparing a ¥300bn £1.42bn) unwinding of its strategic shareholdings, with major investors MUFG Bank and the Bank of Kyoto expected to sell part of their stakes.

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German unemployment creeps higher, but jobless rate steady

27th Feb 2026 09:20

(Sharecast News) - Germany's jobless rate held steady again in February, but the number of unemployed people continued to creep higher, according to figures from the government's labour office on Friday.

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Tritax upbeat after rents, earnings jump

27th Feb 2026 08:48

(Sharecast News) - Tritax Big Box said on Friday it was well-positioned for further growth during 2026, as it continued to push into the booming data centre market.

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