News Archive

Berenberg lowers target price on Michelmersh following interim results

2nd Sep 2025 11:11

(Sharecast News) - Analysts at Berenberg lowered their target price on brick maker Michelmersh from 170p to 150p on Tuesday after the group published its H125 results earlier in the morning.

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RBC Capital downgrades BAT to 'underperform'

2nd Sep 2025 11:03

(Sharecast News) - RBC Capital Markets downgraded British American Tobacco on Tuesday to 'underperform' from 'sector perform' but lifted the price target to 3,400p from 3,000 as it said profit expectations for the company's New Categories are "seriously overblown".

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Uniphar reports strong first half

2nd Sep 2025 10:45

(Sharecast News) - Uniphar reported a strong first half on Tuesday, with double-digit earnings growth and solid organic expansion across all three divisions, leaving the group on track to meet full-year expectations.

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London midday: Stocks down as long-term borrowing costs hit highest level in 27 years

2nd Sep 2025 10:30

(Sharecast News) - London stocks were still weaker by midday on Tuesday, while long-term borrowing costs hit a 27-year high and sterling tumbled.

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Asia report: Markets mixed as investors await China, US developments

2nd Sep 2025 10:16

(Sharecast News) - Asia-Pacific markets ended mixed on Tuesday as investors weighed geopolitical signals from the Shanghai Cooperation Organization summit in Tianjin alongside ongoing tariff uncertainty.

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Johnson Service Group reports first-half growth, launches buyback

2nd Sep 2025 10:16

(Sharecast News) - Johnson Service Group reported a rise in first-half revenue and profits on Tuesday, confirming it remained on track to meet full-year expectations, as it unveiled a new £25m share buyback programme following the completion of a previous £30m scheme.

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Tuscany's MPS adds cash sweetener to Mediobanca bid

2nd Sep 2025 10:11

(Sharecast News) - Monte dei Paschi di Siena sweetened its takeover offer for Mediobanca on Tuesday, by adding a €750m cash component to its original all-share bid, intensifying a contest that has gr gripped Italy's banking sector since January.

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UK 30-year bond yields hit 27-year high, sterling slides

2nd Sep 2025 10:05

(Sharecast News) - UK 30-year bond yields hit their highest level in 27 years on Tuesday after the government's surprise reshuffle.

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Oxford Nanopore reports stronger-than-expected first half, shares slide

2nd Sep 2025 10:03

(Sharecast News) - Oxford Nanopore Technologies shares were in the red on Tuesday morning, even after it reported a stronger-than-expected first half, with revenue growth across all regions and customer segments and a narrowed loss as it reaffirmed its full-year guidance.

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Michelmersh H1 profits fall as Carlton shutdown weighs

2nd Sep 2025 09:45

(Sharecast News) - Brick manufacturer and fabricator Michelmersh said on Tuesday that profits had slumped in the six months ended 30 June despite a modest uptick in revenues.

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JPMorgan starts Harbour Energy at 'overweight'

2nd Sep 2025 09:37

(Sharecast News) - JPMorgan Cazenove initiated coverage of Harbour Energy on Tuesday with an 'overweight' rating and 298p price target.

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Wizz Air passenger numbers grow 11.4pc in August

2nd Sep 2025 09:27

(Sharecast News) - Low-cost carrier Wizz Air said on Tuesday that it had carried 6.91m passengers during August, an 11.4% increase year-on-year.

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Suntory CEO Niinami resigns over police drugs probe

2nd Sep 2025 09:25

(Sharecast News) - Suntory chief executive Takeshi Niinami resigned on Tuesday after police searched his home as part of an investigation into suspected illegal supplements, the global drinks giant said.

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Nestle sacks CEO over undisclosed relationship with subordinate

2nd Sep 2025 09:15

(Sharecast News) - Nestle shares fell on Tuesday as the Swiss food giant sacked chief executive Laurent Freixe after just one year in the job because he failed to disclose a relationship" with a subordinate.

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Bank of America downgrades Taylor Wimpey to 'neutral', sees near-term headwinds

2nd Sep 2025 09:06

(Sharecast News) - Bank of America downgraded Taylor Wimpey to 'neutral' from 'buy' on Tuesday and cut the price target 13% to 105p, pointing to near-term headwinds.

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