News Archive
US producer prices fall 0.3pc in June
15th Jul 2026 12:15
(Sharecast News) - The US producer price index for final demand fell 0.3% in June, according to the Bureau of Labor Statistics, following gains of 0.6% in May and 1.1% in April.
Read moreBooming jewellery demand helps Q1 sales sparkle at Richemont
15th Jul 2026 12:07
(Sharecast News) - Shares in Cartier-owner Richemont glittered on Wednesday, after strong demand for the Swiss group's luxury jewellery brands boosted first-quarter sales, despite heightened geopolitical tensions.
Read moreUS mortgage applications fall 2.7pc as rates hit 11‑month high
15th Jul 2026 12:02
(Sharecast News) - US mortgage applications fell 2.7% in the week to 10 July, according to the Mortgage Bankers Association, extending the prior week's decline.
Read moreBerenberg slightly lowers target price on BP
15th Jul 2026 11:54
(Sharecast News) - Analysts at Berenberg cut their target price on BP to 590p from 600p on Wednesday, saying the energy giant's latest trading update pointed to weaker upstream performance and higher exploration write‑offs, despite another exceptional quarter from the downstream business.
Read moreDirector dealings: Vistry CEO snaps up shares
15th Jul 2026 11:53
(Sharecast News) - Vistry Group revealed on Wednesday that chief executive Adam Daniels had acquired 38,372 ordinary shares in the FTSE 250-listed housebuilder.
Read moreUS pre-open: Futures inch higher, chip stocks boosted by ASML
15th Jul 2026 11:45
(Sharecast News) - US stock futures were posting tentative gains in pre-market trade on Wednesday as investors continued to digest the previous day's soft inflation reading and what it means for the interest rate outlook.
Read moreEurope midday: Shares in red as Iran tensions rise on trump comments
15th Jul 2026 11:34
(Sharecast News) - European shares were lower on Wednesday as the US launched the fourth consecutive day of strikes against Iran and President Donald Trump threatened to bomb the country into submission if it did not strike a peace deal.
Read moreJohnson & Johnson raises outlook after Q2 sales growth
15th Jul 2026 11:34
(Sharecast News) - Johnson & Johnson raised its full-year outlook on Wednesday after second-quarter sales rose 6.6% to $25.31bn, ahead of market expectations, while adjusted earnings increased 4.7% to $2.90 per share.
Read moreCMA clears eBay's $1.2bn acquisition of Depop
15th Jul 2026 11:11
(Sharecast News) - The UK's Competition and Markets Authority said on Wednesday that it has cleared eBay's acquisition of fashion marketplace Depop.
Read moreCMA clears eBay's $1.2bn acquisition of Depop
15th Jul 2026 11:11
(Sharecast News) - The UK's Competition and Markets Authority said on Wednesday that it has cleared eBay's acquisition of fashion marketplace Depop.
Read moreOECD calls on UK government to ditch triple-lock pensions pledge
15th Jul 2026 11:09
(Sharecast News) - The Organisation for Economic Cooperation and Development has recommended the UK government reform its pension system, urging a review of the triple-lock pensions promise which it called "unusually generous in international comparison".
Read moreLondon midday: Stocks stay down as Trump threatens Iranian infrastructure
15th Jul 2026 11:01
(Sharecast News) - London stocks were still lower by midday on Wednesday after Donald Trump threatened to expand US strikes on Iran and target the country's infrastructure.
Read moreCompetition watchdog to probe Danone's €1bn takeover of Huel
15th Jul 2026 10:49
(Sharecast News) - The UK's competition watchdog has launched a probe into Danone's €1bn acquisition of meal supplement maker Huel, it was confirmed on Wednesday.
Read moreStripe and Advent said to have made $53bn bid for PayPal
15th Jul 2026 10:17
(Sharecast News) - Payments company Stripe and private equity firm Advent International have reportedly made a joint offer to buy PayPal for $60.50 per share, in a deal that would value the firm at more than $53bn.
Read moreAsia report: Tech stocks jump on mixed day amid data tsunami
15th Jul 2026 09:50
(Sharecast News) - Asia-Pacific markets mostly rose on Wednesday as SK Hynix led a broad rally in regional technology shares, tracking a rebound in US semiconductor names after a sharp sell-off earlier in the week.
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