News Archive

Ashtead Technology shares tank as Middle East conflict delays projects

20th Aug 2026 07:46

(Sharecast News) - Subsea energy tech solutions firm Ashtead Technology saw its shares plunge on Thursday after saying the ongoing conflict in the Middle East continues to delay projects, now expected to have a material effect on full-year results.

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CMA opens early consultation on FirstCash's offer for Ramsdens

20th Aug 2026 07:35

(Sharecast News) - The Competition and Markets Authority has invited views on the proposed takeover of Ramsdens Holdings by US pawnbroking giant FirstCash, as it begins early information‑gathering ahead of a potential probe into the deal.

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London pre-open: Stocks seen muted as Trump ramps up rhetoric against Iran

20th Aug 2026 07:30

(Sharecast News) - London stocks were set for a muted open on Thursday as Donald Trump ramped up his rhetoric against Iran.

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Asia report: Stocks rebound after heavy losses, led by South Korean tech

20th Aug 2026 07:30

(Sharecast News) - Asian stock markets were showing green across the board on Thursday, with investors bargain-hunting after some recent heavy losses as bond yields eased.

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Thursday newspaper round-up: US debt, Oxfam, Mark Zuckerberg, KPMG

20th Aug 2026 07:17

(Sharecast News) - US debt reached $40tn for the first time on Wednesday, the US treasury department said, after the government deficit doubled over the last decade. The treasury's latest debt balance showed $40.047tn on Tuesday afternoon, the highest in US history. The milestone marks years of government spending that grew under both Donald Trump and Joe Biden. During his first term, Trump approved $8.4tn worth of debt, with a huge chunk going to Covid-19 relief spending, while Biden approved $4.3tn worth of debt, according to the Committee for a Responsible Federal Budget. - Guardian

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UK consumer confidence hits highest level in two years in August - GfK

20th Aug 2026 07:13

(Sharecast News) - UK consumer confidence hit its highest level in two years in August, according to a survey released on Friday by GfK.

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Standard Life launches £2bn pension risk transfer partnership

20th Aug 2026 07:11

(Sharecast News) - Standard Life has announced the launch of a UK pension risk transfer partnership with a consortium of firms, including Goldman Sachs, with a combined initial capital commitment of up to £2bn.

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JD Sports Q2 sales soften, lowers FY PBT guidance

20th Aug 2026 07:10

(Sharecast News) - Retailer JD Sports Fashion reported a drop in second quarter sales on Thursday and cut its full‑year profit guidance, pointing to a still‑promotional market and softer consumer demand across key regions.

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US close: Stocks higher as Treasury buyback plan pulls long‑term yields lower

19th Aug 2026 23:41

(Sharecast News) - Major indices closed higher on Wednesday as long‑dated Treasury yields retreated after the US Treasury said it would significantly expand buybacks of longer‑term government debt.

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Broker tips: Kainos, Ultimate Products

19th Aug 2026 15:25

(Sharecast News) - Analysts at Berenberg lifted their price target for Kainos to 1,330p from 1,185p after the group's unscheduled trading update on 18 August prompted sizeable upgrades to both revenue and profit expectations for FY27.

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Europe close: Shares close lower as US Treasury doubles debt buyback

19th Aug 2026 15:19

(Sharecast News) - European equity markets closed lower on Wednesday as rising bond yields and oil prices remained in focus as the US Treasury said it was doubling its debt buyback to calm investors.

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Canaccord Genuity slightly lowers target price on Ultimate Products

19th Aug 2026 14:30

(Sharecast News) - Canaccord Genuity slightly lowered its price target on Ultimate Products from 80p to 75p on Wednesday, after moderating its FY27 assumptions in light of subdued early‑year trading and limited visibility.

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Oakley Capital Investments acquires enterprise AI data platform Graphwise

19th Aug 2026 14:30

(Sharecast News) - London-listed Oakley Capital Investments announced on Wednesday that one of its funds has acquired knowledge graph and semantic data technology firm Graphwise.

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US open: Stocks mixed as Treasury buyback plan pulls yields lower

19th Aug 2026 14:24

(Sharecast News) - Wall Street trading got off to a mixed start on Wednesday as long‑dated Treasury yields retreated after the US Treasury said it would significantly expand buybacks of longer‑term government debt.

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Director dealings: Pershing Square director snaps up shares

19th Aug 2026 14:22

(Sharecast News) - Pershing Square revealed on Wednesday that independent director Julian Ide had acquired 7,677 ordinary shares in the FTSE 100-listed financial services company.

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