News Archive
McDonald's tops forecasts as value meals tempt customers in tough environment
7th May 2026 12:57
(Sharecast News) - McDonald's beat Wall Street expectations with its latest quarterly results on Thursday, as the fast-food giant benefitted from stronger demand for value meals and promotional offers amid a tougher backdrop for consumer spending.
Read moreFlutter Entertainment cuts guidance, announces departure of FanDuel CEO
7th May 2026 12:43
(Sharecast News) - Flutter Entertainment slumped on Thursday after it cut guidance for full-year revenue and adjusted EBITDA, partly due to unfavourable sports results, and announced the departure of Amy Howe, chief executive of its US business.
Read moreUS employers announce 83,387 job cuts in April
7th May 2026 12:16
(Sharecast News) - US employers announced 83,387 job cuts in April, according to Challenger, Gray and Christmas, the highest total in three months and up from 60,620 in March.
Read moreEurozone's construction sector struggles as cost pressures mount
7th May 2026 12:13
(Sharecast News) - Eurozone construction saw activity slide in April, a closely-watched survey showed on Thursday, as inflationary pressures started to mount.
Read moreEurope midday: Shares slide into the red amid Iran peace talk confusion
7th May 2026 11:35
(Sharecast News) - European shares turned red at midday as conflicting messages emerged from Iran and the US over a possible peace deal.
Read moreRosebank Industries acquisitions on track as ECI trades in line
7th May 2026 11:24
(Sharecast News) - Rosebank Industries said in an update on Thursday that ECI traded in line with full-year expectations in the first four months of 2026, as the group said its acquisitions of CPM and MW Components remained on track.
Read moreNorges Bank raises interest rates to 4.25%
7th May 2026 11:22
(Sharecast News) - Norges Bank lifted its key deposit rate on Thursday to 4.25% from 4.0%, confounding consensus expectations for no change as it pointed to "substantial uncertainty" about the economic outlook.
Read moreNorges Bank raises interest rates to 4.25%
7th May 2026 11:22
(Sharecast News) - Norges Bank lifted its key deposit rate on Thursday to 4.25% from 4.0%, confounding consensus expectations for no change as it pointed to "substantial uncertainty" about the economic outlook.
Read morehVIVO signs £6m influenza clinical trial deal
7th May 2026 11:18
(Sharecast News) - hVIVO announced on Thursday that it has signed a £6m clinical trial agreement with a clinical-stage biopharmaceutical company to conduct an influenza human challenge trial.
Read moreCoca-Cola HBC reaffirms outlook despite uncertain backdrop
7th May 2026 11:17
(Sharecast News) - Coca-Cola HBC reaffirmed full-year guidance on Thursday,despite "challenging" macro conditions and first-quarter revenues coming in narrowly below forecasts.
Read moreGenel output, cash flow impacted by Tawke suspension
7th May 2026 11:15
(Sharecast News) - Genel Energy said in an update on Thursday that production from the Tawke licence in Kurdistan was temporarily halted during the first quarter as a safety measure following the launch of US-Israeli air strikes against Iran, reducing output and cash flow for the period.
Read moreLondon midday: FTSE extends losses; Flutter, Centrica slump
7th May 2026 11:08
(Sharecast News) - London stocks had fallen further by midday on Thursday, dragged lower by losses for Flutter, Centrica and Shell, as investors continued to eye developments in the US-Iran war.
Read moreUS pre-open: Futures steady as investors weigh Iran talks progress, Q1 earnings
7th May 2026 11:00
(Sharecast News) - Wall Street futures were little changed ahead of the bell on Thursday as markets paused following yesterday's rally, with geopolitical developments and fresh earnings updates in focus.
Read moreUK construction output slides in April amid growing cost pressures
7th May 2026 10:28
(Sharecast News) - Construction output in the UK saw its steepest decline in April since November 2025 as the Middle East conflict drove up input prices, according to a survey released on Thursday.
Read moreJohnson Service Group launches £55m buyback after Q1 growth
7th May 2026 10:28
(Sharecast News) - Johnson Service Group said on Thursday that first-quarter revenue rose modestly and announced a new £55.0m share buyback programme, as it reiterated confidence in delivering further progress and margin improvement in 2026.
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