News Archive

Deutsche bank starts TP Icap at 'buy'

8th Jun 2026 09:47

(Sharecast News) - Deutsche Bank initiated coverage of interdealer broker TP Icap at 'buy' with a 415p price target on Monday as it said it was "more than a cyclical broker".

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Brickability to acquire fencing specialist HS Jackson & Son

8th Jun 2026 09:20

(Sharecast News) - Brick merchant Brickability said on Monday that it had agreed to acquire fencing specialist HS Jackson & Son in a deal worth £19.9m.

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MPAC issues profit warning, sells Lambert unit to Italy's Mech.i.Tronic

8th Jun 2026 09:20

(Sharecast News) - Packaging automation business MPAC warned on Monday that full‑year profits will fall substantially short of expectations amid weaker trading, as it also announced the sale of its Lambert business for up to £20m.

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Deutsche Bank cuts targets for utility stocks as Labour leadership speculation rises

8th Jun 2026 09:14

(Sharecast News) - Deutsche Bank has downgraded its rating on National Grid from and lowered target prices for stocks across the UK-listed utilities sector, highlighting the risk of heightened political risk as speculation builds about a change in Labour leadership.

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Negative eurozone investor sentiment eases, but Germany remains a drag

8th Jun 2026 09:12

(Sharecast News) - Negative sentiment among investors across the eurozone has eased for the second straight month, according to the latest confidence survey from behavioural finance research firm Sentix, though the mood remains firmly downbeat as geopolitical tensions continue to weigh on risk appetite.

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May warm weather sends Britons into buying frenzy

8th Jun 2026 08:45

(Sharecast News) - A few days of warm weather sent Britons into a retail buying frenzy last month as shoppers bought summer essentials such as sunglasses and sandals, according to a survey published on Tuesday.

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Audioboom quits strategic review after rejecting bids, lifts H1 outlook

8th Jun 2026 08:41

(Sharecast News) - Podcast publisher Audioboom ended its strategic review and terminated takeover talks on Monday after rejecting a series of indicative offers it said undervalued the business, as it also flagged record first‑half results.

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Revolution Beauty inks new licensing partnership with Debenhams

8th Jun 2026 08:11

(Sharecast News) - Mass beauty brand Revolution Beauty said on Monday that it has struck a new licensing partnership with Debenhams to develop beauty and fragrance products across the retailer's brands.

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London open: Stocks edge lower, oil rises as Israel and Iran exchange strikes

8th Jun 2026 07:58

(Sharecast News) - London stocks edged lower in early trade on Monday, while oil prices shot up after Israel and Iran exchanged strikes, threatening the ceasefire between the two.

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Europe open: Shares slump on Iran-Israel exchange, AI jitters

8th Jun 2026 07:57

(Sharecast News) - European shares opened sharply lower on Monday after Iran and Israel traded missile strikes while investors also feared rising interest rates and an end to the much-hyped boom in artificial intelligence.

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Tate & Lyle to be acquired by Ingredion in £2.7bn deal

8th Jun 2026 07:57

(Sharecast News) - Tate & Lyle has agreed to be taken over by US peer Ingredion in a £2.7bn deal, it was confirmed on Monday, sending shares in the British firm soaring.

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German factory orders fall more than expected in April

8th Jun 2026 07:56

(Sharecast News) - German factory orders fell more than expected in April, according to figures released on Monday by Destatis.

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Nvidia inks deals with several South Korea firms

8th Jun 2026 07:37

(Sharecast News) - Nvidia announced a series of partnerships in South Korea with companies including SK Hynix, SK Telecom, Naver, Doosan, LG Group and Hyundai Motor on Monday, as chief executive Jensen Huang looked to deepen the chipmaker's role in AI infrastructure, memory supply, robotics and industrial computing.

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London pre-open: Stocks to slump, oil rises as Israel and Iran exchange fire

8th Jun 2026 07:25

(Sharecast News) - London stocks were set to slump at the open on Monday, with oil prices up sharply after Israel and Iran exchanged strikes, threatening the ceasefire between the two.

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Balfour Beatty says post-scandal monitoring of US unit has ended

8th Jun 2026 07:23

(Sharecast News) - Balfour Beatty said a long-running compliance monitoring of its US subsidiary Balfour Beatty Communities had ended after a fraud scandal involving military housing that resulted in a £49m fine in 2021.

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