News Archive
Admiral shares rise despite H1 profit decline
6th Aug 2026 07:11
(Sharecast News) - Insurance giant Admiral Group posted a sharp drop in first‑half profits on Thursday, with both pre-tax earnings and earnings per share dropping 18% year-on-year, reflecting lower earned premiums in UK Motor after last year's rate cuts and higher quota‑share reinsurance charges
Read moreUS close: Markets mixed but Dow still hits new record
5th Aug 2026 23:36
(Sharecast News) - Wall Street stocks were mixed on Wednesday, with the Dow hitting another all-time high but the S&P 500 and Nasdaq erasing earlier gains to finish lower, as investors weighed rising optimism about a US-Iran deal with poor jobs data.
Read moreBodycote confirms takeover approaches from CVC, Veritas Capital
5th Aug 2026 16:27
(Sharecast News) - Bodycote surged on Wednesday as the provider of heat treatment and specialist metallurgical technologies confirmed it had received takeover offers from private equity firms CVC and Veritas Capital.
Read moreEurope close: Stocks mixed amid US-Iran uncertainty
5th Aug 2026 16:17
(Sharecast News) - European stock markets finished in mixed fashion on Wednesday, with many indices teetering at record highs as investors awaited signs of tangible progress in US-Iran peace talks.
Read moreUS open: Stocks hit fresh highs as earnings strength fuels ongoing rally
5th Aug 2026 15:20
(Sharecast News) - Both the S&P 500 and Dow Jones pushed to fresh record highs on Wednesday morning, extending their recent rally as investors digested another round of upbeat earnings and grew more optimistic about a near‑term reopening of the Strait of Hormuz.
Read moreShawbrook reiterates maiden dividend plans as H1 profits, loan book grow
5th Aug 2026 15:18
(Sharecast News) - Shawbrook reported double-digit profit and loan-book growth in the first half on Wednesday, as the specialist lender reiterated its plans to pay its maiden ordinary dividend for this year.
Read moreRBC Capital downgrades Rotork to 'sector perform'
5th Aug 2026 15:07
(Sharecast News) - RBC Capital Markets downgraded Rotork on Wednesday to 'sector perform' from 'outperform' as it suggested that Swiss engineering firm ABB may be paying too little for the company.
Read moreUS private‑sector growth hits nine‑month high
5th Aug 2026 14:58
(Sharecast News) - US private‑sector growth accelerated sharply in July, with both S&P Global's services and composite purchasing managers' indexes hitting nine‑month highs as stronger demand, firmer business confidence and rising employment signalled a solid start to the second half of 2026.
Read moreFTSE 100 movers: Next surges on guidance upgrades; Asia-focused banks hit
5th Aug 2026 14:51
(Sharecast News) - London's FTSE 100 was up 0.3% at 10,907.48 in afternoon trade on Wednesday.
Read moreFTSE 250 movers: 4Imprint surges after results
5th Aug 2026 14:45
(Sharecast News) - FTSE 250 (MCX) 24,678.85 0.90%
Read moreThursday preview: Diageo, WPP, Admiral results due
5th Aug 2026 14:18
(Sharecast News) - Thursday's earnings calendar will include full-year results from drinks giant Diageo and Imperial Leather maker PZ Cussons, along with half-year results from WPP and Admiral, among others.
Read moreCiti downgrades HSBC to 'neutral' from 'buy'
5th Aug 2026 14:13
(Sharecast News) - Citi downgraded HSBC on Wednesday to 'neutral' from 'buy' and cut the price target to 1,570p from 1,640p, saying it expects the shares to pause for breath.
Read moreDisney earnings jump as parks, 'Toy Story 5' deliver strong quarter
5th Aug 2026 13:45
(Sharecast News) - The Walt Disney Company reported strong third-quarter results on Wednesday, driven by growth across its theme parks and cruise operations and the box-office and consumer-products success of Toy Story 5.
Read moreEli Lilly lifts FY guidance as Mounjaro, Zepbound drive Q2 sales
5th Aug 2026 13:40
(Sharecast News) - Eli Lilly lifted its full-year guidance on Wednesday as weight-loss jabs Mounjaro and Zepbound drove an increase in second-quarter sales.
Read moreBroker tips: Fresnillo, HSBC, Rotork
5th Aug 2026 13:33
(Sharecast News) - Analysts at Berenberg cut their target price on Fresnillo from 3,300p to 2,900p, saying the miner's longer‑dated growth profile and rising capital‑project demands warranted a more tempered valuation.
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