News Archive

Metir inks water system deal with Portsmouth Aviation

17th Jul 2026 15:18

(Sharecast News) - Metir announced Friday that it has signed a memorandum of understanding with Portsmouth Aviation to evaluate integrated water treatment and monitoring systems combining Portsmouth's PaquaVida purification platform with Metir's Modern Water Microtox biological monitoring technology.

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US consumer confidence hits five-month high as oil pressures recede

17th Jul 2026 15:08

(Sharecast News) - Consumer sentiment across the United States hit a five-month high in July, according to a closely watched survey released Friday by the University of Michigan, rising for the second straight month after dropping to a record low in May.

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FTSE 100 movers: Defensives on the rise; Burberry out of fashion

17th Jul 2026 14:37

(Sharecast News) - London's FTSE 100 was flat at 10,574.09 in afternoon trade on Friday.

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US open: Stocks slip as US-Iran tensions, global chip rout hit sentiment

17th Jul 2026 14:37

(Sharecast News) - Major indices traded lower early on Friday after the US carried out a sixth straight night of strikes on Iran, while a sell‑off in semiconductor names weighed the tech-heavy Nasdaq.

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US industrial production edges higher in June

17th Jul 2026 13:57

(Sharecast News) - US industrial production edged higher in June, with output also strengthening over the second quarter, according to the Federal Reserve.

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US import prices rise in June, export prices fall

17th Jul 2026 13:54

(Sharecast News) - US import prices rose again in June, while export prices posted their first monthly decline in more than a year, according to figures from the Bureau of Labor Statistics.

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US housing starts surge, but building permits slump

17th Jul 2026 13:36

(Sharecast News) - Housing starts in the United States surged by almost a fifth in June, according to data from the Census Bureau on Friday, though permits to start building declined more than expected.

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System1 reiterates rejection of Brave Bison's revised offer

17th Jul 2026 12:51

(Sharecast News) - System1 reiterated its unanimous rejection of Brave Bison's revised cash-and-share proposal on Friday, saying feedback from major shareholders supported the board's view that the offer materially undervalued the company.

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Broker tips: Rotork, Auto Trader

17th Jul 2026 12:46

(Sharecast News) - Deutsche Bank downgraded Rotork on Friday to 'hold' from 'buy' and lifted its price target to 503p from 400p after it agreed to be bought by Swiss engineering firm ABB in a £4.1bn deal.

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ConocoPhillips to buy 42% stake in BP Iraq oil fields

17th Jul 2026 12:40

(Sharecast News) - BP said on Friday that it has agreed terms for ConocoPhillips to buy a 42% interest in BP Energy Company of Kirkuk (BP ECKL).

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Director dealings: Celebrus CFO snaps up another 40,000 shares

17th Jul 2026 12:33

(Sharecast News) - Celebrus Technologies revealed on Friday that chief financial office Ashoni Mehta had acquired a further 40,000 ordinary shares in the AIM-listed data solutions provider.

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Eagle Eye trading ahead of recently-upgraded expectations

17th Jul 2026 12:32

(Sharecast News) - Eagle Eye said on Friday that full-year trading was ahead of recently upgraded expectations after annual recurring revenue rose 31% to £44.5m, supported by major customer wins, expansion within existing clients and the first contracts secured through its global OEM partnership.

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Volvo Car reports improving sales trends, but shares tank

17th Jul 2026 12:32

(Sharecast News) - Volvo Cars said it is gaining confidence in its outlook after an improvement in underlying sales trends over the second quarter, helped by signs of a US recovery and strong electric vehicle sales in Europe, though shares still fell sharply on Friday.

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GSK shares fall as cough drug development axed

17th Jul 2026 11:29

(Sharecast News) - Shares in GSK fell sharply on Friday after the pharma titan announced it was stopping the development of a refractory chronic cough drug after unsuccessful results late-stage clinical trial.

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Deutsche Bank downgrades Rotork after ABB takeover

17th Jul 2026 11:26

(Sharecast News) - Deutsche Bank downgraded Rotork on Friday to 'hold' from 'buy' and lifted the price target to 503p from 400p after it agreed to be bought by Swiss engineering firm ABB in a £4.1bn deal.

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