News Archive
US factory orders rise 4.8pc in April
3rd Jun 2026 14:24
(Sharecast News) - US factory orders rose for the fifth time in six months in April, according to the Census Bureau, climbing 4.8% to $662.7bn following a 1.8% increase in March.
Read moreUS open: Stocks lower as Middle East tensions weigh on sentiment
3rd Jun 2026 14:23
(Sharecast News) - Major indices were in the red early on Wednesday as Middle East developments remained in focus following yesterday's fresh record close.
Read moreBroker tips: GB Group, WPP, Chemring
3rd Jun 2026 14:19
(Sharecast News) - Canaccord Genuity cut its target price on GB Group from 400p to 365p on Wednesday, saying additional investment in the company's new Go platform would weigh on near‑term margins despite a solid recent update.
Read moreDirector dealings: Johnson Matthey chairman raises stake
3rd Jun 2026 14:12
(Sharecast News) - Johnson Matthey revealed on Wednesday that chairman Andrew Cosslett had acquired 6,884 ordinary shares in the FTSE 250-listed speciality chemicals firm.
Read moreUS private sector employment rises more than expected in May - ADP
3rd Jun 2026 13:56
(Sharecast News) - Private sector employment in the US rose more than expected in May, according to figures released on Wednesday by ADP.
Read moreLloyds, Halifax, Bank of Scotland customers report online banking outages
3rd Jun 2026 13:53
(Sharecast News) - Customers across the banking subsidiaries of Lloyds Banking Group were affected by app outages on Wednesday, with thousands thought to be unable to access online banking.
Read moreEU sets out plans to cut reliance on foreign tech firms
3rd Jun 2026 13:39
(Sharecast News) - The European Union on Wednesday set out plans to cut Europe's reliance on foreign technology providers, including strengthening semi-conductor, cloud computing and artificial intelligence capacity.
Read moreGoldman Sachs starts WPP at 'sell'; Publicis, Omnicom initiated at 'buy'
3rd Jun 2026 13:19
(Sharecast News) - Goldman Sachs initiated coverage of WPP, Publicis and Omnicom on Wednesday as it took a look at the European media sector.
Read moreMacy's lifts guidance as Q1 sales beat forecasts
3rd Jun 2026 13:17
(Sharecast News) - Macy's reported higher first-quarter sales and profits on Wednesday, with results coming in ahead of the department store chain's own expectations, prompting management to raise its guidance for the full year.
Read morePetrogas not planning to make an offer for Deltic Energy
3rd Jun 2026 12:28
(Sharecast News) - Petrogas confirmed on Wednesday that it does not plan to make an offer for AIM-listed North Sea operator Deltic Energy.
Read moreUS mortgage applications fall for third straight week
3rd Jun 2026 12:25
(Sharecast News) - US mortgage applications fell for a third consecutive week at the end of May, according to the Mortgage Bankers Association, with overall volumes down 2.5%.
Read morePartners Group caps redemptions, shares slide
3rd Jun 2026 12:11
(Sharecast News) - Shares in Switzerland's Partners Group tanked on Wednesday after the alternative investment firm capped withdrawals from one of its flagship funds.
Read moreWeakening demand hits UK services sector - PMI
3rd Jun 2026 11:46
(Sharecast News) - The UK economy stumbled in May, a closely-watched survey showed on Wednesday, as the dominant services sector saw activity fall for the first time in over a year.
Read moreUK consumer confidence sees largest monthly gain in four years
3rd Jun 2026 11:43
(Sharecast News) - UK consumer confidence rose in May, according to the latest survey from YouGov and the Centre for Economics and Business Research (Cebr), as negative perceptions surrounding household finances eased.
Read moreCurrys appoints insider Fredrik Tønnesen as CEO
3rd Jun 2026 11:28
(Sharecast News) - Electricals retailer Currys on Wednesday said it had appointed insider Fredrik Tønnesen as chief executive to replace Alex Baldock.
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