News Archive

Lion Finance Group expands buyback as first-half profits rise

20th Aug 2025 07:16

(Sharecast News) - Lion Finance Group posted a sharp rise in profit for the first half of 2025 on Tuesday, supported by robust growth in Georgia and Armenia, while announcing both an interim dividend and a share buyback programme.

Read more

OSB H1 profits fall, maintains interim dividend

20th Aug 2025 07:14

(Sharecast News) - Mortgage lender OSB Group said on Wednesday that profits had fallen in the six months ended 30 June, with rising funding costs and a competitive mortgage market weighing on profitability.

Read more

Ithaca Energy upgrades production guidance after strong H1

20th Aug 2025 07:08

(Sharecast News) - Shares in Ithaca Energy jumped on Wednesday as the North Sea oil and gas explorer upgraded full-year production guidance as profits and output doubled in the first six months of the year.

Read more

US close: Tech stocks drag markets lower amid Fed speculation

19th Aug 2025 22:12

(Sharecast News) - US equity markets mostly declined on Tuesday amid nervousness surrounding the Federal Reserve's next move, with falling tech stocks providing a big drag as investors took profits following a solid run for the sector over recent months.

Read more

London close: Stocks higher on hopes of geopolitical easing

19th Aug 2025 17:11

(Sharecast News) - London equities closed higher on Tuesday as investors weighed the possibility of progress towards ending the Ukraine war, after US president Donald Trump said he was arranging a meeting between his Ukrainian and Russian counterparts.

Read more

Europe close: Stoxx 600 hits five-month high, nears record high

19th Aug 2025 15:10

(Sharecast News) - European stock markets closed at a five-month high on Tuesday on the back of hopes that Russia and Ukraine are closing in on a peace deal.

Read more

Nexstar to buy rival broadcasting group Tegna for $6.2bn

19th Aug 2025 15:09

(Sharecast News) - American broadcasting group Nexstar is to acquire rival Tegna for $6.2bn, bolstering its position in the local media market.

Read more

Broker tips: Dowlais, Metro Bank, JD Sports, Entain, Wilmington

19th Aug 2025 14:56

(Sharecast News) - RBC Capital Markets downgraded Dowlais on Tuesday to 'sector perform' from 'outperform' as the American Axle deal gets closer and was now in the price.

Read more

Director dealings: AJ Bell CEO raises stake

19th Aug 2025 14:43

(Sharecast News) - AJ Bell revealed on Tuesday that chief executive Michael Summersgill had acquired 85,000 ordinary shares in the FTSE 250-listed online investment platform operator.

Read more

FTSE 100 movers: JD Sports boosted by broker note; defence firms slump

19th Aug 2025 14:19

(Sharecast News) - London's FTSE 100 was 0.3% higher at 9,185.70 in afternoon trade on Tuesday.

Read more

US building permits hit four-year low, housing starts post biggest increase in five months

19th Aug 2025 13:47

(Sharecast News) - US building permits fell by 2.8% to a seasonally adjusted annualised rate of 1.35m in July, according to the Census Bureau, the lowest reading since June 2020 and below market expectations of 1.39m.

Read more

US open: Stocks mixed as traders look ahead to Jackson Hole

19th Aug 2025 13:40

(Sharecast News) - Wall Street trading got off to a mixed start on Tuesday as market participants continued to await a key speech from Federal Reserve chairman Jerome Powell later in the week.

Read more

Home Depot shares rise as underlying sales growth picks up

19th Aug 2025 13:04

(Sharecast News) - Shares in Home Depot jumped on Tuesday after the American DIY retail giant maintained full-year targets despite missing the mark with its second-quarter earnings.

Read more

Anglo seeks damages as Peabody pulls out of $3.8bn coal sale

19th Aug 2025 12:58

(Sharecast News) - American coal miner Peabody has officially pulled out of the $3.8bn move to take over Anglo American's steelmaking coal business in Australia, blaming a contested 'material adverse change' to the deal first announced last November.

Read more

Revolution Beauty warns of lower EBITDA after stock treatment revision

19th Aug 2025 12:37

(Sharecast News) - Revolution Beauty said on Tuesday that it expects to report adjusted EBITDA of about £4.7m for the year ended 28 February, following a revision to the treatment of stock provisions agreed with its auditors.

Read more