News Archive

FTSE 250 movers: CMC surges; Ceres slumps

4th Jun 2026 14:18

(Sharecast News) - FTSE 250 (MCX) 23,245.19 0.25%

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Ceres Power tumbles after Panmure downgrade to 'sell'

4th Jun 2026 14:00

(Sharecast News) - Ceres Power tumbled on Thursday after Panmure Liberum downgraded the shares to 'sell' from 'buy'.

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Brown-Forman beats forecasts with Q4 results, expects flat FY27 sales

4th Jun 2026 13:38

(Sharecast News) - Shares in Brown-Forman were on the rise on Thursday after the Jack Daniel's maker beat forecasts with its fourth-quarter sales, helped by solid sales of its premium brands, though the company delivered an uncertain outlook for the current year.

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Flowtech Fluidpower acquires Helipebs Controls for £0.4m

4th Jun 2026 13:32

(Sharecast News) - Flowtech Fluidpower announced the acquisition of the business and assets of Helipebs Controls, a Gloucester-based manufacturer of hydraulic cylinders and systems, for £0.4m in cash on Thursday.

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Quantinuum makes $1.7bn debut on Nasdaq

4th Jun 2026 13:31

(Sharecast News) - Quantinuum raised $1.68bn on Thursday after the quantum computing specialist debuted on Wall Street.

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Citi upgrades Puma to 'buy', shares spark

4th Jun 2026 13:19

(Sharecast News) - Puma shot higher on Thursday after Citi upgraded the sportswear brand to 'buy' from 'neutral' and hiked the price target to €35 from €27.50.

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Aurrigo posts wider annual loss

4th Jun 2026 13:14

(Sharecast News) - Aurrigo International reported a wider annual loss on Thursday as revenue declined, but said it ended 2025 with a strengthened balance sheet and growing commercial momentum in its autonomous vehicle business.

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US job cuts jump to 97,000 in May as AI‑related layoffs surge

4th Jun 2026 12:53

(Sharecast News) - US employers announced 97,006 job cuts in May, according to Challenger, Gray & Christmas, up from 83,387 in April for the highest monthly total since January.

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Berenberg cuts target price on ICG, reiterates 'buy' rating

4th Jun 2026 12:31

(Sharecast News) - Berenberg lowered its target price on private capital asset manager ICG from 2,800p to 2,670p on Thursday, but also argued the 'buy'-rate stock had been "unfairly caught up in sector readacross".

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JD Sports planning sale of Billionaire Boys Club streetwear brand licence - report

4th Jun 2026 12:25

(Sharecast News) - JD Sports Fashion is reportedly exploring a sale of the wholesale business which owns a licence to the Billionaire Boys Club streetwear brand founded by music star Pharrell Williams.

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Finseta reports higher revenue, swings to annual loss

4th Jun 2026 12:23

(Sharecast News) - Finseta reported higher annual revenue on Thursday, but swung to a loss as planned investment in international expansion, product development and sales capability weighed on profitability.

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Amazon unveils €10bn investment in Europe, creating 25,000 jobs

4th Jun 2026 12:10

(Sharecast News) - Amazon announced on Thursday that it plans to invest €10bn to expand and upgrade its fulfilment centres across Europe with next-gen robotics while creating 25,000 more jobs over the coming years.

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UK stocks hit as Beijing cracks down on capital outflows

4th Jun 2026 12:01

(Sharecast News) - Shares some of the UK's biggest financial stocks tumbled on Thursday, on reports banks were restricting investment accounts following moves by Beijing to crack down on capital outflows.

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Europe midday: Rally ends as Israel threatens Lebanon despite 'ceasefire'

4th Jun 2026 11:32

(Sharecast News) - The morning rally on European stockmarkets fizzled out by midday on Thursday as Israel undermined a 'ceasefire' agreement with the Iran-backed Hezbollah militia within hours of signing it.

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London midday: Stocks turn lower; UK construction PMI in focus

4th Jun 2026 11:16

(Sharecast News) - London stocks had turned sharply lower by midday on Thursday, led by Asia-focused banks, while oil prices fell on news that Israel and Lebanon have agreed a US-brokered ceasefire.

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