News Archive

RBC Capital Markets keeps Ashtead at 'outperform'

16th Jul 2026 14:42

(Sharecast News) - RBC Capital Markets said first‑half trading at Ashtead Technology was solid, but slightly softer margins linked to ongoing Middle East and Asia disruptions prompted the broker to trim its estimates.

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US open: Major indices trade lower as chip stocks slide

16th Jul 2026 14:34

(Sharecast News) - Major indices were in the red early on Thursday amid falling semiconductor stocks.

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St James's Place tumbles as two more appointed representatives leave

16th Jul 2026 14:30

(Sharecast News) - St James's Place tumbled on Thursday following a report that two more of its large appointed representatives have left the network.

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Oxford Biomedica inks service deal with Plowshare Therapies

16th Jul 2026 14:17

(Sharecast News) - Oxford Biomedica announced on Thursday that it has signed an agreement to provide process development and AAV GMP manufacturing services to Plowshare Therapies, supporting the biotechnology company's gene therapy programme for rare genetic diseases.

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FTSE 100 movers: Diploma gains on guidance upgrade; St James's Place tumbles

16th Jul 2026 14:13

(Sharecast News) - London's FTSE 100 was down 0.1% at 10,508.79 in afternoon trade on Thursday.

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Eli Lilly to buy AtaiBeckley in $2.8bn deal

16th Jul 2026 14:08

(Sharecast News) - Eli Lilly said on Thursday that it has agreed to buy AtaiBeckley, a clinical-stage biopharmaceutical company developing therapeutics for mental health conditions, for $2.8bn.

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US housing indicators weaken in July

16th Jul 2026 13:12

(Sharecast News) - US homebuilder confidence softened in July, while pending home sales also pointed to cooling conditions across the housing market.

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US initial jobless claims fall to 208,000

16th Jul 2026 12:56

(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 11 July, according to the Labor Department, with initial claims dropping by 8,000 to 208,000.

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Director dealings: Celebrus Technologies CFO raises stake

16th Jul 2026 12:54

(Sharecast News) - Celebrus Technologies revealed on Thursday that chief financial office Ashoni Mehta had acquired 60,000 ordinary shares in the AIM-listed data solutions provider.

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Ramsdens agrees to sweetened takeover bid by FirstCash, lifts FY profit outlook

16th Jul 2026 12:52

(Sharecast News) - Ramsdens lifted its full-year profit outlook on Thursday as the pawnbroker announced it has agreed to an improved takeover bid from US rival FirstCash.

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Berenberg lowers target price on Rio Tinto following Q2 update

16th Jul 2026 12:21

(Sharecast News) - Analysts at Berenberg cut their price target on Rio Tinto from 8,200p to 8,100p on Thursday, saying higher‑than‑expected diesel costs in the Pilbara were likely to keep unit‑cost pressure elevated, while parts of the miner's Q2 production update pointed to downside risks in iron ore.

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KKR sweetens takeover bid for DCC

16th Jul 2026 11:41

(Sharecast News) - Irish energy group DCC confirmed on Thursday it had received a sweetened £5.81bn takeover offer from its American suitors.

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Ofcom opens probe into child safety on TikTok

16th Jul 2026 11:35

(Sharecast News) - UK communications regulator Ofcom has opened a formal investigation into TikTok over concerns the social media platform may have failed to comply with its legal duties to protect children from harmful content.

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Shoe Zone lifts FY outlook after better-than-expected May, June sales

16th Jul 2026 11:23

(Sharecast News) - Shoe Zone rallied on Thursday after the retailer said it now expects a smaller full-year loss than previously forecast as sales in May and June were ahead of market expectations.

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London midday: Stocks down; sterling gains on reports Mahmood may become chancellor

16th Jul 2026 11:00

(Sharecast News) - London stocks were still weaker by midday on Thursday as investors digested the latest UK GDP data and a slew of corporate releases amid ongoing tensions in the Middle East, while sterling rallied on reports that Shabana Mahmood may become chancellor.

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