News Archive

Wells Fargo earnings beat expectations despite weaker‑than‑forecast revenue

13th Oct 2026 12:37

(Sharecast News) - US lender Wells Fargo posted higher third‑quarter profits on Tuesday, as loan growth and firmer interest income continued to support performance, but revenues disappointed.

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Oxford Instruments sees FY in line with views as interim revenue rises

13th Oct 2026 12:29

(Sharecast News) - Oxford Instruments said on Tuesday that full-year results were set to be in line with market expectations as it reported a rise in interim revenue amid strong demand across both divisions.

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JPMorgan shares subdued as third-quarter earnings miss forecasts

13th Oct 2026 12:24

(Sharecast News) - JPMorgan Chase on Tuesday reported third-quarter earnings and revenue below Wall Street expectations, despite higher profits driven by growth in lending and investment banking.

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Marston's says FY profits to beat expectations, shares spark

13th Oct 2026 11:51

(Sharecast News) - Marston's shares surged on Tuesday as the pub group said full-year profit was set to beat market expectations.

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LVMH shares fall as China woes hits fashion and leather goods sales

13th Oct 2026 11:35

(Sharecast News) - Shares in French luxury goods giant LVMH fell on Tuesday after the company reported a decline in third-quarter sales at its flagship fashion and leather goods division, as weaker demand in China weighed on performance.

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US small business optimism index slips to 97.9 in September

13th Oct 2026 11:33

(Sharecast News) - The National Federation of Independent Business' small business optimism index slipped 0.8 points in September to 97.9, falling just below its long‑term average, while the uncertainty index edged up to 90, remaining well above historic norms.

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US pre-open: Futures mixed as Q3 earnings season kicks off

13th Oct 2026 11:32

(Sharecast News) - Wall Street futures were pointing to a mixed open ahead of the bell on Tuesday as market participants strapped in for the begining of third-quarter earnings season.

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London midday: FTSE maintains gains ahead of US bank earnings

13th Oct 2026 10:56

(Sharecast News) - London stocks were still in the black by midday on Tuesday as US bank earnings rolled in.

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Plus500 to buy US broker-dealer Hedge

13th Oct 2026 10:53

(Sharecast News) - Plus500 said on Tuesday that it has agreed to buy Hedge, a US broker-dealer registered with the US Securities and Exchange Commission, ahead of the launch of its US 'super-app' next year.

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Europe midday: IMF growth forecast helps stocks hold gains

13th Oct 2026 10:48

(Sharecast News) - European shares were higher on Tuesday despite a heavy tech sell-off in Asia overnight amid persistent concerns over the actual strength of the artificial intelligence sector, while oil prices declined slightly and a positive growth outlook from the IMF helped boost sentiment.

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Greencore upgrades FY26 profit outlook as Q4 trading outperforms market

13th Oct 2026 10:17

(Sharecast News) - Convenience foods manufacturer Greencore lifted its profit guidance again on Tuesday after delivering a strong finish to the year, with fourth‑quarter trading showing volume growth ahead of the wider grocery market and continued momentum in margins and cash generation.

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Kingfisher appoints Sebastian Gundel as new CEO

13th Oct 2026 10:11

(Sharecast News) - B&Q and Castorama owner Kingfisher said on Tuesday that it has appointed Sebastian Gundel as its new chief executive officer with effect from 1 February 2027.

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Asia report: Nikkei, KOSPI post big losses as chipmakers drop

13th Oct 2026 10:09

(Sharecast News) - Asian stock markets were mixed on Tuesday, though indices in Tokyo and Seoul suffered heavy losses on the back of fears of rising competition from the Chinese memory-chip sector and concerning comments regarding AI spending from the boss of Broadcom.

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BP boss O'Neill to unveil new strategy as profits jump

13th Oct 2026 09:39

(Sharecast News) - BP shares were higher on Tuesday as the oil major revealed that new boss Meg O'Neill will present an updated strategy for the company in December, just eight months after taking the reins.

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UK grocery inflation ticks up to 2.5%

13th Oct 2026 09:18

(Sharecast News) - UK grocery inflation ticked higher in the four weeks to 4 October, as shoppers sought autumn staples, according to figures released on Tuesday by Worldpanel by Numerator.

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