News Archive
Asia report: Nikkei hits fresh record as most regional markets rise
3rd Jun 2026 09:10
(Sharecast News) - Asia-Pacific markets mostly rose on Wednesday, with Japan's Nikkei 225 hitting a record high, as investors looked past uncertainty over US-Iran negotiations aimed at ending the Middle East conflict.
Read moreCanaccord Genuity lowers target price on GB Group
3rd Jun 2026 09:09
(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 moreDiscoverIE reports higher revenue and earnings, narrower margin
3rd Jun 2026 09:06
(Sharecast News) - DiscoverIE Group shares fell almost 7% on Wednesday morning despite the customised electronics manufacturer reporting higher full-year revenue and earnings, as investors focused on margin pressure and a modest profit increase after a year of acquisitions and investment.
Read moreNinety One shares fall despite higher full-year earnings
3rd Jun 2026 09:01
(Sharecast News) - Ninety One shares fell more than 7% on Wednesday despite the asset manager reporting higher full-year earnings and a return to annual net inflows, as investors appeared to focus on the quality of asset growth and only modest growth in statutory profit.
Read moreOfgem orders OVO to pay £10.4m over prepayment‑meter failings
3rd Jun 2026 08:36
(Sharecast News) - UK energy watchdog Ofgem said on Wednesday that OVO Energy has agreed to pay roughly £10.4m in redress after an investigation found that failings in its processes between 2018 and 2024 may have put prepayment‑meter customers at risk.
Read moreBoohoo returns to growth, shares spike
3rd Jun 2026 08:30
(Sharecast News) - Shared in Boohoo Group soared on Wednesday, after the Debenhams-owner reaffirmed its outlook following a strong start to the year.
Read moreOECD slashes global growth forecasts due to Middle East crisis
3rd Jun 2026 08:29
(Sharecast News) - The Organisation for Economic Co-operation and Development has slashed its forecasts for global GDP growth this year due to the conflict in the Middle East, warning of a further hit to economic activity if disruptions persist into 2027.
Read moreTritax Big Box disposes of six logistics assets for £199m
3rd Jun 2026 08:10
(Sharecast News) - Real estate investment trust Tritax Big Box said on Wednesday that it has sold six logistics assets to EQT Real Estate for a total cash consideration of £199m as it looks to invest further into higher returning development-led logistics and data centre opportunities.
Read moreTritax Big Box disposes of six logistics assets for £199m
3rd Jun 2026 08:10
(Sharecast News) - Real estate investment trust Tritax Big Box said on Wednesday that it has sold six logistics assets to EQT Real Estate for a total cash consideration of £199m as it looks to invest further into higher returning development-led logistics and data centre opportunities.
Read moreLondon open: FTSE nudges lower after fresh US-Iran strikes; B&M surges
3rd Jun 2026 08:08
(Sharecast News) - London stocks nudged lower in early trade on Wednesday following fresh strikes by the US and Iran, as Donald Trump insisted peace talks are ongoing.
Read moreHowden Joinery to buy DIY Kitchens for £390m
3rd Jun 2026 08:03
(Sharecast News) - Howden Joinery said on Wednesday that it has agreed to buy the parent company of Ultima Furniture Systems Limited, trading as DIY Kitchens, for £390m.
Read moreEurope open: Shares fall on new Iran-US attacks, new tariff threats
3rd Jun 2026 07:58
(Sharecast News) - European shares fell at the open as a threat from the US to impose more tariffs on around 60 countries and missile strikes on Kuwait by Iran hit investor sentiment.
Read moreRBC Capital Markets nudges down target price on Chemring
3rd Jun 2026 07:48
(Sharecast News) - Analysts at RBC Capital Markets slightly lowered their target price on aerospace and defence firm Chemring from 600p to 580p on Wednesday as it acknowledged second half execution risks still remained.
Read moreUK regulator says publishers can opt out of Google AI search summaries
3rd Jun 2026 07:47
(Sharecast News) - Britain's competition watchdog on Wednesday said web publishers and news organisations will now be able to opt out of artificial intelligence overviews of Google search results.
Read moreCost of doing business nearing 'tipping point', warns CBI
3rd Jun 2026 07:41
(Sharecast News) - The Confederation of British Industry will warn on Thursday that the soaring costs facing businesses, including a "record" tax burden, are putting jobs and investment at risk.
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