News Archive

US close: Stocks fall as bond yields hit highest since 2002

8th Oct 2026 00:05

(Sharecast News) - US stocks declined on Wednesday, with the S&P 500 and Nasdaq retreating from all-time highs as bond yields hit a fresh 24-year high, while investors digested the minutes from the last Federal Reserve meeting.

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Europe close: Stoxx 600 drops 1 per cent as bond yields climb

7th Oct 2026 16:05

(Sharecast News) - Stock markets across Europe registered steep losses on Wednesday as a renewed rise in bond yields and oil prices drove profit-taking after three days of equity gains.

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Canada's billionaire Weston family to buy Boots in £6.7bn deal

7th Oct 2026 15:25

(Sharecast News) - Canada's billionaire Weston family has agreed to buy The Boots Group from US private equity firm Sycamore Partners for $8.9bn (£6.7bn).

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US open: Stocks lower as bond yields and oil resume their climb

7th Oct 2026 15:24

(Sharecast News) - Major indices were in the red at the opening bell on Wednesday as both Treasury yields and oil prices pushed higher.

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FTSE 100 movers: Financials in the red; JD Sports rallies

7th Oct 2026 15:11

(Sharecast News) - London's FTSE 100 was down 0.8% at 10,458.94 in afternoon trade on Wednesday.

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Nick Prettejohn to succeed Aubrey Adams as Tritax chair

7th Oct 2026 15:10

(Sharecast News) - Tritax Big Box REIT said on Wednesday that it has appointed Nick Prettejohn as its next chair.

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Broker tips: Hostelworld, Netcall

7th Oct 2026 14:14

(Sharecast News) - Berenberg cut its price target on Hostelworld to 150p from 171p on Wednesday, citing a weaker Q3 shaped by geopolitical headwinds, though it kept its 'buy' rating on the stock and said the group's shift to its social‑driven platform continues to underpin the long‑term investment case.

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FTSE 250 movers: Pennon tanks; Ocado, Avon surge

7th Oct 2026 14:06

(Sharecast News) - FTSE 250 (MCX) 24,086.31 -0.53%

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CRH to buy NCC Industry's operations in Denmark, Finland

7th Oct 2026 14:05

(Sharecast News) - Building materials provider CRH said on Wednesday that it has agreed to buy NCC Industry's operations in Denmark and Finland from Swedish construction firm NCC AB for an undisclosed sum.

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Canaccord Genuity bumps up target price on Netcall

7th Oct 2026 13:53

(Sharecast News) - Analysts at Canaccord Genuity lifted their target price on Netcall to 170p from 160p on Wednesday, saying accelerating cloud momentum and a stronger medium‑term earnings profile support further upside.

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Berenberg lowers target price on Hostelworld

7th Oct 2026 13:47

(Sharecast News) - Berenberg cut its price target on Hostelworld to 150p from 171p on Wednesday, citing a weaker Q3 shaped by geopolitical headwinds, though it kept its 'buy' rating on the stock and said the group's shift to its social‑driven platform continues to underpin the long‑term investment case.

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Director dealings: First Property Group CEO raises stake

7th Oct 2026 13:45

(Sharecast News) - First Property Group revealed on Wednesday that chief executive Ben Habib had acquired 300,000 shares in the AIM-listed property fund manager.

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Porsche targets stronger margins with new 2035 strategy

7th Oct 2026 13:32

(Sharecast News) - Porsche set out plans on Wednesday to lift profitability and cut its reliance on sales volumes, as the sports-car maker unveiled a new strategy running through to 2035.

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Hostelworld warns FY earnings will miss consensus expectations

7th Oct 2026 12:58

(Sharecast News) - Hostelworld warned on Wednesday that its full-year earnings would fall short of analysts' expectations, partly due to the conflict in the Middle East weighing on volumes.

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Metlen mulls possible Athens listing of METKA division

7th Oct 2026 12:33

(Sharecast News) - Metlen Energy & Metals said on Wednesday that it is considering a potential stock market listing of its infrastructure business METKA Group on Euronext Athens.

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