News Archive

Berenberg lowers target price on Michelmersh Brick

25th Mar 2026 07:55

(Sharecast News) - Analysts at Berenberg lowered their target price on Michelmersh Brick Holdings from 150p to 120p on Wednesday, but noted the firm has been succesful in maintaining market share amid "customer uncertainty".

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London pre-open: Stocks to rise amid signs of US de-escalation with Iran

25th Mar 2026 07:38

(Sharecast News) - London stocks were set to rise at the open on Wednesday as oil prices fell amid signs the US is trying to de-escalate the conflict with Iran, and as investors digested the latest UK inflation reading.

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Diageo sells stake in Indian cricket team RCB for £1.3bn

25th Mar 2026 07:32

(Sharecast News) - Drinks group Diageo on Wednesday said it had sold the Royal Challengers Bengaluru cricket team for £1.3bn to a consortium including Blackstone and US sports investor David Blitzer.

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Annual revenues, profits jump at Eurowag

25th Mar 2026 07:27

(Sharecast News) - Freight and road payments processor WAG Payment Solutions forecast further growth on Wednesday, after annual earnings motored ahead.

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Wednesday newspaper round-up: Meta, Royal Mail, Octopus Investments

25th Mar 2026 07:24

(Sharecast News) - A New Mexico jury on Tuesday ordered Meta to pay $375m in civil penalties after it found the company misled consumers about the safety of its platforms and enabled harm, including child sexual exploitation, against its users. This is the first bench trial to find Meta liable for acts committed on its platform. - Guardian

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Pop Mart shares tumble on concerns over reliance on Labubu IP

25th Mar 2026 07:19

(Sharecast News) - Shares in Pop Mart tumbled more than 20% on Wednesday after the Chinese toymaker's annual results highlighted continued heavy reliance on its blockbuster Labubu franchise, raising concerns about the sustainability of its rapid growth.

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Great Portland Estates reaches practical completion at 2 Aldermanbury Square

25th Mar 2026 07:17

(Sharecast News) - Property developer Great Portland Estates said on Wednesday that it has reached practical completion at 2 Aldermanbury Square, EC2, delivering 321,650 square feet of "best-in-class HQ office space".

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RS Group sees profits marginally ahead despite revenue fall

25th Mar 2026 07:15

(Sharecast News) - RS Group shares fell on Wednesday after the company said it expected a 0.6% fall in like-for-like annual revenue due to "difficult markets", mainly in Mexico, although annual adjusted pre-tax profit would come in marginally ahead of expectations of £241m on tight cost controls.

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UK inflation holds steady at 3% ahead of war in the Middle East

25th Mar 2026 07:00

(Sharecast News) - UK inflation was unchanged in February, official data showed on Wednesday, in line with forecasts.

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US said to have sent 15-point plan to Iran in effort to resolve conflict

24th Mar 2026 22:27

(Sharecast News) - The US has reportedly sent a 15-point plan to Iran as it looks to resolve the conflict in the Middle East.

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US close: Stocks lower as oil climbs, Middle East tensions persist

24th Mar 2026 20:26

(Sharecast News) - Major indices traded lower on Tuesday as oil prices resumed their upward march amid ongoing Middle East tensions.

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Europe close: Markets hold gains as oil prices continue rebound

24th Mar 2026 16:52

(Sharecast News) - European equity markets held modest gains on Tuesday, with early optimism over potential US-Iran peace talks fading as investors digested weaker economic data and renewed concerns over stagflation linked to rising energy prices and supply chain disruption.

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RAC Group said to be sounding out investors for London IPO

24th Mar 2026 16:22

(Sharecast News) - RAC Group has reportedly begun sounding out investors for a potential initial public offering in London.

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Alternative Income REIT confirms takeover approach from AEW UK REIT

24th Mar 2026 15:55

(Sharecast News) - Alternative Income REIT (AIRE) confirmed on Tuesday that it has received an indicative, non-binding proposal from AEW UK REIT about a possible all-share takeover.

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FTSE 250 movers: Bytes Tech tanks; Oil stocks gush

24th Mar 2026 15:39

(Sharecast News) - FTSE 250 (MCX) 21,240.27 -0.03%

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