News Archive

Activist investor Ancora urges Big Yellow to explore a sale

14th Oct 2026 09:30

(Sharecast News) - Big Yellow shares rallied on Wednesday after activist investor Ancora Holdings Group said the self-storage company should explore a sale.

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Activist investor Ancora urges Big Yellow to explore a sale

14th Oct 2026 09:30

(Sharecast News) - Big Yellow shares rallied on Wednesday after activist investor Ancora Holdings Group said the self-storage company should explore a sale.

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Ashmore lifts AuM to $54.5bn as Q1 inflows hit $1.1bn

14th Oct 2026 08:59

(Sharecast News) - Investment manager Ashmore said on Wednesday that assets under management edged $500m higher to $54.5bn in the first quarter, with $1.1bn of net inflows more than offsetting $600m of negative investment performance.

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Chemring signs strategic partnering agreement with 'major' US prime contractor

14th Oct 2026 08:54

(Sharecast News) - Chemring said on Wednesday that its Roke subsidiary has signed a multi-year strategic partnering agreement with a major US prime contractor worth at least $170m over the first five years.

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London open: FTSE nudges up as investors eye US inflation, bank earnings

14th Oct 2026 08:19

(Sharecast News) - London stocks nudged higher in early trade on Wednesday, as investors eyed a key inflation reading across the pond and braced for more US bank earnings.

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Softcat hails another year of 'exceptional' growth

14th Oct 2026 08:08

(Sharecast News) - Softcat hailed another year of "exceptional" growth on Wednesday as it posted a rise in profit and gross invoiced income, driven by a "very strong", broad-based performance.

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Europe open: Shares shrug off Wall St to make gains; Eyes on US inflation

14th Oct 2026 08:02

(Sharecast News) - European shares shrugged off a weak Wall Street session and mixed Asian markets overnight to post gains at the open on Wednesday.

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Asia report: Markets mixed as investors weigh China data and global rate outlook

14th Oct 2026 07:43

(Sharecast News) - Asian markets traded mixed on Wednesday as investors digested Chinese trade and inflation data, monitored rising energy prices and looked ahead to key US inflation figures for clues on the Federal Reserve's next move.

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China inflation remains subdued as exports, imports beat forecasts

14th Oct 2026 07:40

(Sharecast News) - China's consumer inflation remained subdued in September even as factory-gate price pressures intensified, according to official data published on Wednesday.

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London pre-open: Stocks to edge up ahead of US inflation print

14th Oct 2026 07:27

(Sharecast News) - London stocks were set to rise at the open on Wednesday as investors eyed a key US inflation reading and more US bank earnings.

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Discoverie lifts FY guidance after strong H1 performance

14th Oct 2026 07:25

(Sharecast News) - Electronic components manufacturer DiscoverIE said on Wednesday that first‑half trading remained strong, prompting an earnings upgrade, with organic sales up 8% and orders surging 22%.

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Rio Tinto beats iron ore sales forecasts, on track for $5bn capital release

14th Oct 2026 07:25

(Sharecast News) - Rio Tinto said it remains on track to unlock around $5bn of capital by the end of 2026 after strong operational performance helped third-quarter iron ore sales from its Pilbara operations beat market expectations.

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Wednesday newspaper round-up: Tariffs, BitMEX, Character.AI

14th Oct 2026 07:19

(Sharecast News) - The business secretary has hit back at European demands for British tariffs on Chinese imports, saying the government will not change its trade rules because of pressure from Brussels. Jonathan Reynolds warned that the government would not bow to calls from other countries for the UK to hit Chinese vehicles with import taxes, despite political pressure to align with the EU in exchange for deeper future economic ties. - Guardian

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London close: FTSE rises as investors shrug off hotter-than-expected US inflation

14th Oct 2026 07:14

(Sharecast News) - London stocks rose on Wednesday as investors shrugged off a hotter-than-expected US inflation print, focusing instead on comments from Bank of England chief economist Huw Pill who suggested market expectations of four rate hikes over the next year were unlikely to materialise.

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Bank of America profits fall 17% after $1.2bn money laundering penalty

14th Oct 2026 07:14

(Sharecast News) - Bank of America reported a 17% decline in third-quarter profit after taking a $1.2bn charge linked to a major US anti-money laundering settlement, with the regulatory penalty overshadowing an otherwise mixed set of results.

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