News Archive

Bodycote says Apollo has pulled £1.5bn offer

5th Jun 2026 07:28

(Sharecast News) - Bodycote said Apollo Management had pulled out of its proposed £1.5bn offer for the UK thermal processing company, sending its shares down 12%.

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Week ahead: Halma results, Bellway update and ECB announcement in focus

5th Jun 2026 07:21

(Sharecast News) - Next week looks set to be fairly quiet, although the latest policy announcement from the European Central Bank and results from the likes of Pennon and Halma will be in focus.

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Raspberry Pi lifts FY26 outlook as H1 profits surge

5th Jun 2026 07:20

(Sharecast News) - Technology firm Raspberry Pi said on Friday that "strong" first‑half profitability was now expected to be "materially ahead" of last year, prompting an upgrade to its full-year outlook.

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Friday newspaper round-up: xAI, Goalhanger, Skipton, Trafigura

5th Jun 2026 07:20

(Sharecast News) - New claimants have come forward to take legal action against Elon Musk's company xAI after the Labour MP Jess Asato launched a test case against the firm over demeaning sexualised material created by its Grok AI tool. A handful of complainants contacted Asato's lawyer on Thursday in response to coverage of the MP's decision to sue Musk's company for damages over its creation and circulation of fake images of her in a bikini and an AI-created video that she said showed her "being chloroformed and prepared for a sexual assault". - Guardian

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Berenberg bumps up target price on Anglo American ahead of Teck merger

5th Jun 2026 07:18

(Sharecast News) - Analysts at Berenberg hiked its target price on mining giant Anglo American from 4,000p to 4,200p on Friday as it said the market was overlooking the consensus upside from its planned merger with Teck.

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US close: Stocks mixed as Dow powers ahead, investors trim AI exposure

4th Jun 2026 21:43

(Sharecast News) - Major indices closed mostly higher on Thursday, with the blue-chip index notching a fresh record close as market participants remained locked in on Middle East developments and looked to limit their exposure to artificial intelligence stocks .

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Europe close: Stocks stage late recovery to close in the green

4th Jun 2026 17:34

(Sharecast News) - European stocks returned to positive territory by the close on Thursday, recovering from earlier losses even as Israel undermined a US-backed ceasefire agreement with the Iran-backed Hezbollah militia within hours of it being announced.

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London close: Late rally pushes Footsie higher as oil prices retreat

4th Jun 2026 15:56

(Sharecast News) - London's blue chip index erased earlier losses to push higher by the close of play on Thursday as oil prices fell, while investors digested yet more tumultuous newsflow from the Middle East.

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UK retail footfall hit by record sunshine in May - BRC

4th Jun 2026 15:45

(Sharecast News) - UK retail footfall fell in May, albeit less than in April, as the heatwave in the final week of the month kept shoppers away, according to data released on Friday by the British Retail Consortium.

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Broker tips: Endeavour Mining, ICG

4th Jun 2026 15:10

(Sharecast News) - Analysts at RBC Capital Markets cut their target price on gold miner Endeavour Mining from 6,000p to 5,100p on Thursday, after lowering its gold price assumptions for 2026 and 2027.

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Financier Lex Greensill banned from UK director posts for nine years

4th Jun 2026 14:56

(Sharecast News) - Australian sugar farmer turned financier Lex Greensill has been banned from acting as a company director in the UK for nine years for his role in the collapse of his Greensill Capital group.

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Springfield Properties wipes bank debt ahead of expectations

4th Jun 2026 14:27

(Sharecast News) - Springfield Properties said on Thursday that it had eliminated its bank debt at year-end, significantly ahead of market expectations, as the Scottish housebuilder reported trading in line with forecasts for the year ended 31 May.

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Director dealings: Pantheon Resources chairman significantly raises stake

4th Jun 2026 14:22

(Sharecast News) - Pantheon Resources revealed on Thursday that non-executive chairman Michael Spencer had five million ordinary shares in the AIM-listed oil and gas exploration and development firm.

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FTSE 100 movers: Asia-focused banks tumble; JD Sports in the black

4th Jun 2026 14:22

(Sharecast News) - London's FTSE 100 was down 0.1% at 10,325.79 in afternoon trade on Thursday.

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US open: Dow jumps, Nasdaq slips as traders track US-Iran flare‑up

4th Jun 2026 14:22

(Sharecast News) - Wall Street trading got off to a mixed start on Thursday as market participants remained locked in on Middle East developments.

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