News Archive

Debts mount at Thames Water despite surge in profits

15th Jul 2026 09:50

(Sharecast News) - Thames Water posted a surge in annual profits on Wednesday after customer bills rose sharply, but warned there remained "material uncertainty" about its future as debts continued to mount.

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Supermarket Income REIT launches fundraising for acquisition pipeline

15th Jul 2026 09:45

(Sharecast News) - Supermarket Income REIT announced plans to raise about £100m through a share issue on Wednesday, to fund the acquisition of a £216m pipeline of nine grocery assets, including three supermarkets due to complete in September and a further six UK grocery properties expected to complete over the following three months.

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Segro signs three new leases in Coventry

15th Jul 2026 09:40

(Sharecast News) - Segro said in an update on Wednesday that it has signed three new leases totalling around 540,000 sq ft at Segro Park Coventry, including pre-lets with Volvo Group UK and DIRKS Consumer Logistics, alongside a lease with GigaCloud Technology for a completed speculative warehouse.

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ASML raises full-year guidance again

15th Jul 2026 09:38

(Sharecast News) - ASML raised its full-year guidance for a second time on Wednesday after reporting better-than-expected second-quarter results, as surging demand for AI chips prompted customers to accelerate capacity expansion plans.

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ICG fee-earning AUM rises in June quarter

15th Jul 2026 09:34

(Sharecast News) - ICG said on Wednesday that assets under management reached $126bn at 30 June, with fee-earning AUM rising 3% on a constant-currency basis during the quarter and 10% year on year to $88bn.

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Antofagasta reports broadly stable Q2 copper production

15th Jul 2026 09:32

(Sharecast News) - Antofagasta reported broadly stable second-quarter copper production and maintained its full-year production, capital expenditure and net cash cost guidance on Wednesday, despite inflationary pressures across the mining sector.

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Dr Martens backs FY guidance, on track to meet strategic objectives

15th Jul 2026 09:21

(Sharecast News) - Iconic bootmaker Dr Martens backed its full-year guidance on Wednesday ahead of its annual general meeting, and said it was on track with its strategic objectives.

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Workspace Group mulls more asset sales as Q1 rental income grows

15th Jul 2026 08:42

(Sharecast News) - London office owner and operator Workspace Group reported higher rental income in the first quarter, but said there is a "long way to go" to reposition the business as it considers selling more assets to shore up the balance sheet.

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Hunting flags first-half earnings in line with expectations

15th Jul 2026 08:23

(Sharecast News) - Hunting said on Wednesday that first-half EBITDA was about $62m, in line with the expected phasing of full-year earnings, as strong performances from its Subsea and Perforating Systems businesses offset weaker activity elsewhere.

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Rio Tinto reaffirms production targets

15th Jul 2026 08:07

(Sharecast News) - Rio Tinto reaffirmed its annual production guidance on Wednesday, following a strong performance at its Pilbara iron ore mines.

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Europe open: Shares down as Trump threatens Iranian civilian infrastructure

15th Jul 2026 07:59

(Sharecast News) - European shares were lower at the open 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.

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London open: FTSE falls as Trump threatens harder strikes on Iran

15th Jul 2026 07:54

(Sharecast News) - London stocks fell in early trade on Wednesday after Donald Trump threatened to expand US strikes on Iran, targeting its infrastructure.

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Galliford Try sees FY profit at top end of analyst range

15th Jul 2026 07:51

(Sharecast News) - Galliford Try said on Wednesday that full-year pre-tax profit was set to be at the top end of analysts' forecasts as momentum from the first half of the year continued through the second half.

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Convatec CFO to depart after just eight months

15th Jul 2026 07:48

(Sharecast News) - Shares in medical device group Convatec dipped on Wednesday after the FTSE 100 firm revealed that a hunt for a new chief financial is underway following the exit of Fiona Ryder after just eight months in the role.

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China GDP unexpectedly slows in Q2

15th Jul 2026 07:43

(Sharecast News) - China's economy unexpectedly slowed to its weakest level in more than three years, according to official data released on Wednesday.

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