News Archive
Pinewood Technologies lowers earnings guidance on delay to Marshalls rollout
25th Mar 2026 09:36
(Sharecast News) - Pinewood Technologies Group said on Wednesday that the rollout of its Pinewood.AI system with Marshall Motor Group would be delayed until the second half of 2026, pushing back earlier expectations and weighing on near-term earnings guidance, although the company reaffirmed its medium-term targets.
Read moreAsos underlying profits surge, FY guidance reiterated
25th Mar 2026 09:21
(Sharecast News) - Asos shares shot higher on Wednesday after the online fashion retailer reported a circa 50% jump in first-half underlying profit and backed its guidance for the year.
Read moreTT Electronics grows FY adjusted profits, enters 2026 on 'stronger footing'
25th Mar 2026 09:18
(Sharecast News) - Shares in TT Electronics gained on Tuesday after full-year results revealed the sensors, power conversion and connectivity solutions firm managed to increase adjusted profits despite a "transitional year" for the company.
Read moreEnQuest reports sharp drop in annual profit
25th Mar 2026 09:16
(Sharecast News) - EnQuest reported a sharp drop in annual profit on Wednesday, as lower oil prices weighed on earnings, although production exceeded guidance and the group increased its dividend while reiterating its 2026 outlook.
Read moreUS mortgage applications fall 10.5pc as interest rates hit five-month high
25th Mar 2026 09:12
(Sharecast News) - US mortgage applications slumped 10.5% week-on-week in the seven days ended 20 March, according to the Mortgage Bankers Association of America, extending the previous week's 10.9% decline.
Read moreHICL Infra sells stake in French motorway
25th Mar 2026 09:11
(Sharecast News) - HICL Infrastructure said it had sold its 24% stake in France's A63 Motorway for gross proceeds of £311m.
Read moreAirtel Africa chairman to retire following AGM
25th Mar 2026 09:10
(Sharecast News) - Telecommunications firm Airtel Africa said on Wednesday that Sunil Bharti Mittal had informed the board of his intention to retire as chairman following its annual general meeting in July.
Read moreLondon open: Stocks rally on hopes of Middle East de-escalation
25th Mar 2026 08:43
(Sharecast News) - London stocks rallied in early trade on Wednesday as oil prices slumped amid signs the US is making efforts to de-escalate the conflict with Iran, and as investors digested the latest UK inflation reading.
Read moreSales rebound at Crest Nicholson after weak end to 2025
25th Mar 2026 08:26
(Sharecast News) - Shares in Crest Nicholson soared in morning trading on Wednesday, after the housebuilder reported a spike in sales following a disappointing end to 2025.
Read moreUnited Utilities FY adjusted EPS seen in line with previous guidance
25th Mar 2026 08:21
(Sharecast News) - Water supply firm United Utilities said on Wednesday that full-year underlying earnings per share were expected to be in line with previous guidance of roughly 100p.
Read moreRio Tinto secures AUD2bn bailout for Boyne aluminium smelter
25th Mar 2026 08:12
(Sharecast News) - Rio Tinto said on Wednesday that it has struck a "landmark partnership" with the Queensland Government and the Commonwealth Government to secure a long-term future for the Boyne aluminium smelter at Gladstone, which will now be kept going until at least 2040.
Read moreEurope open: Shares rally on Iran ceasefire hopes; Crude prices fall
25th Mar 2026 08:01
(Sharecast News) - European shares rallied on Wednesday as US President Donald Trump tried to extricate himself from his war of choice with Iran, while Tehran said the vital Strait of Hormuz was open to "non-hostile" ships.
Read moreBerenberg lowers target price on Michelmersh Brick
25th Mar 2026 07:55
(Sharecast News) - Analysts at Berenberg lowered their target price on Michelmersh Brick Holdings from 150p to 120p on Wednesday, but noted the firm has been succesful in maintaining market share amid "customer uncertainty".
Read moreLondon pre-open: Stocks to rise amid signs of US de-escalation with Iran
25th Mar 2026 07:38
(Sharecast News) - London stocks were set to rise at the open on Wednesday as oil prices fell amid signs the US is trying to de-escalate the conflict with Iran, and as investors digested the latest UK inflation reading.
Read moreDiageo sells stake in Indian cricket team RCB for £1.3bn
25th Mar 2026 07:32
(Sharecast News) - Drinks group Diageo on Wednesday said it had sold the Royal Challengers Bengaluru cricket team for £1.3bn to a consortium including Blackstone and US sports investor David Blitzer.
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