News Archive
Thursday preview: Tesco and PepsiCo results due
7th Oct 2026 12:06
(Sharecast News) - On Thursday, interim results from supermarket chain Tesco and Next15 will be in focus, while full-year results from Volution Group are also due.
Read moreUS mortgage applications fall for fifth-straight week
7th Oct 2026 11:58
(Sharecast News) - US mortgage applications fell 4.2% in the week ended 2 October, according to the Mortgage Bankers Association, marking a fifth straight decline and taking activity to its lowest level since January 2025.
Read moreOcado said to be in early talks with Coles over robots in stores, shares jump
7th Oct 2026 11:39
(Sharecast News) - Ocado surged on Wednesday following a report that Australia's Coles is exploring the use of robots in its supermarkets to pick and pack grocery orders and is in early stage talks with the London-listed company about trialling the technology in one of its Melbourne stores.
Read moreEurope midday: Shares extend losses as rally fizzles out on higher bond yields, oil
7th Oct 2026 11:19
(Sharecast News) - European shares were down sharply on Wednesday, snapping a three-day winning streak bond yields rose again and oil prices sat above $100 a barrel after Houthi attacks on Saudi oil pipelines disrupted the recent supply recovery.
Read moreLondon midday: FTSE stays down as oil prices rise; HSBC slumps
7th Oct 2026 10:54
(Sharecast News) - London stocks were still in the red by midday on Wednesday as oil prices rose, with HSBC under pressure on news it's planning sweeping job cuts in its UK wealth management arm.
Read moreFrasers Group buys 8.8% stake in US sportswear brand Under Armour
7th Oct 2026 10:50
(Sharecast News) - Mike Ashley's Frasers Group has bought an 8.8% stake in US sportswear brand Under Armour.
Read moreRoyal Mail plans up to 2,500 job cuts in organisational overhaul
7th Oct 2026 10:43
(Sharecast News) - Royal Mail said on Wednesday that it plans to cut up to 2,500 head office and support-function roles by the end of 2027 as part of a wider organisational overhaul aimed at reducing costs and simplifying the business.
Read moreUS pre-open: Futures slip as yields and oil push higher ahead of Fed minutes
7th Oct 2026 10:17
(Sharecast News) - Wall Street futures were in the red ahead of the opening bell on Wednesday, pausing after the S&P 500's latest record high, as both Treasury yields and oil prices pushed higher.
Read moreAvon Technologies beats FY26 expectations on stronger orders, improved margins
7th Oct 2026 10:15
(Sharecast News) - Respiratory protection equipment manufacturer Avon Technologies set out the next phase of its strategy on Wednesday as it posted a stronger‑than‑expected trading update for FY26, highlighting improving momentum across both Avon Protection and Team Wendy.
Read moreBridgepoint lifts FY earnings guidance, shares spark
7th Oct 2026 09:56
(Sharecast News) - Bridgepoint lifted its 2026 earnings guidance on Wednesday, citing an "exceptional" performance from one of its funds, as it rebased its dividend policy.
Read moreShell sees record Q3 refining margins, lifts gas production estimate
7th Oct 2026 09:33
(Sharecast News) - Shell on Wednesday said third‑quarter refining margins were set to hit a record high, with the oil giant expecting margins to jump to $42 a barrel, up sharply from $24 in the previous quarter.
Read moreAsia report: Stocks fall as AI rally runs out of steam
7th Oct 2026 09:24
(Sharecast News) - Asian stocks finished lower on Wednesday with markets in Tokyo and Hong Kong giving back some recent gains as tech stocks retreated.
Read moreGalliford Try appointed to £1.6bn University of Oxford framework
7th Oct 2026 09:07
(Sharecast News) - Construction firm Galliford Try announced on Wednesday that it has been appointed to £1.6bn University of Oxford framework.
Read moreHSBC planning job cuts in UK wealth management arm in AI push - report
7th Oct 2026 08:39
(Sharecast News) - HSBC is reportedly planning sweeping job cuts in its UK wealth management business, drastically reducing its ranks of financial advisers and other specialists as part of a push to use AI to help serve wealthy clients.
Read moreLondon open: FTSE falls as oil prices rise; HSBC under the cosh
7th Oct 2026 08:00
(Sharecast News) - London stocks fell in early trade on Wednesday following an uninspiring Asian session, as Brent crude traded back above $101 a barrel.
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