News Archive

London midday: FTSE maintains gains as oil prices ease; telecoms buck trend

9th Oct 2026 10:57

(Sharecast News) - London stocks were still firmly in the black by midday on Friday as oil prices eased after Donald Trump said the US would not attack Iran before the midterm elections next month, and as investors shrugged off a disappointing revenue outlook from OpenAI.

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9th Oct 2026 10:25

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SIG CFO Simon Kesterton to succeed Pim Vervaat as chief executive

9th Oct 2026 09:35

(Sharecast News) - SIG said on Friday that chief financial officer Simon Kesterton will succeed Pim Vervaat as chief executive with effect from 1 May 2027.

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Telecoms stocks sink on SpaceX push to become major US wireless carrier

9th Oct 2026 09:21

(Sharecast News) - Telecom stocks on both sides of the Pond fell sharply on Friday after SpaceX moved a step closer to turning its Starlink division into a US nationwide wireless carrier.

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Berenberg lowers target price on Unite Group

9th Oct 2026 09:11

(Sharecast News) - Analysts at Berenberg lowered their target price on Unite Group from 668p to 634p on Friday, flagging ongoing pressure from falling asset values despite solid operational performance.

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Motorpoint delivers sharp H1 profit growth on higher volumes, record metal margins

9th Oct 2026 09:10

(Sharecast News) - Automotive retailer Motorpoint said on Friday that trading had strengthened in the first half, with strategic investments in technology and new store growth driving a sharp improvement in profitability.

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Airtel Money shares fall in London market debut

9th Oct 2026 08:44

(Sharecast News) - The share price of Airtel Money fell on its first day of conditional trading in London with the initial public offering of Airtel Africa's mobile financial services business off to a subdued start.

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Europe open: Shares rally, oil falls on Trump pledge not to hit Iran before midterms

9th Oct 2026 08:06

(Sharecast News) - European shares rallied on Friday as oil prices fell on a pledge from US President Donald Trump to bomb Iran before American midterm elections on November 3.

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Hargreaves Services awarded engineering contract at Sizewell C

9th Oct 2026 07:57

(Sharecast News) - AIM-listed Hargreaves Services said on Friday it has been selected for a two-year engineering project at the £5bn Sizewell C nuclear power project on the Suffolk coast.

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Asia report: Stocks mixed as AI shares fall, oil prices retreat

9th Oct 2026 07:55

(Sharecast News) - Asian stock markets were mixed on Friday, with subdued finishes in Tokyo, Singapore and Shanghai and strong gains in Hong Kong and Mumbai.

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London open: FTSE rallies as oil prices ease

9th Oct 2026 07:40

(Sharecast News) - London stocks rose in early trade on Friday as oil prices eased after Donald Trump said the US would not attack Iran before the midterm elections next month, and as investors shrugged off a disappointing revenue outlook from OpenAI.

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London pre-open: Stocks to gain as oil prices ease

9th Oct 2026 07:35

(Sharecast News) - London stocks were set to rise at the open on Friday as oil prices eased after Donald Trump said the US would not attack Iran before the midterm elections next month.

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DCC Energy to sell technology division to One Equity Partners

9th Oct 2026 07:27

(Sharecast News) - DCC Energy has agreed to sell its technology division, Nexora, to funds managed by One Equity Partners in a deal valuing the business at $725m on a cash‑ and debt‑free basis.

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London close: Stocks rally as oil prices ease off highs; telecoms slump

9th Oct 2026 07:26

(Sharecast News) - London stocks rose on Friday as oil prices eased off their highs after Donald Trump said the US would not attack Iran before the midterm elections next month, although telecoms were under the cosh.

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Oxford Metrics cuts profit outlook, announces acquisition and £3m buyback

9th Oct 2026 07:23

(Sharecast News) - Oxford Metrics slashed its full-year profit and revenue forecasts on Friday following weaker-than-expected trading, as it announced a bolt-on acquisition to expand its motion capture capabilities, along with a new £3m share buyback programme.

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