News Archive

FTSE 250 movers: Telecom Plus up on trading update

17th Aug 2026 13:40

(Sharecast News) - FTSE 250: 24,720.65 -146.77 (-0.59%)

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NY Empire State manufacturing index strengthens in August

17th Aug 2026 13:37

(Sharecast News) - US manufacturing activity strengthened sharply in August, according to the latest Empire State manufacturing survey from the New York Fed, with firms reporting solid gains in orders and shipments alongside longer delivery times and worsening supply availability.

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Tuesday preview: UK jobs data, Home Depot earnings eyed

17th Aug 2026 13:04

(Sharecast News) - UK average earnings and unemployment data for June will be among the highlights on Tuesday, as well as quarterly earnings from US home improvement retailer Home Depot.

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Kelso questions The Works chair Bellamy's 'in-person engagement'

17th Aug 2026 12:58

(Sharecast News) - The boardroom dispute between The Works and Kelso Group rumbled on on Monday after the activist investor questioned how much time chairman Steve Bellamy spends in the UK and whether he has enough "in person engagement with the business".

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Alibaba to sell video-games unit Lingxi Games

17th Aug 2026 11:53

(Sharecast News) - Alilbaba has agreed a deal to sell its video-gaming business to private-equity outfit Trustar Capital for at least $1.5bn, as the ecommerce giant offloads non-core businesses and increases its spending on AI.

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Europe midday: Stoxx edges ahead as miners in favour

17th Aug 2026 11:22

(Sharecast News) - European shares were mixed to flat on Monday as investors eyed weak data out of China and Japan.

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London midday: FTSE touch higher as miners gain

17th Aug 2026 11:20

(Sharecast News) - London stocks were a touch firmer by midday on Monday, underpinned by strength in the mining sector, as investors mulled the latest house price figures from Rightmove.

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Citi hikes price target on Rolls-Royce

17th Aug 2026 11:04

(Sharecast News) - Citi hiked its price target on Rolls-Royce on Monday to 1,647p from 1,101p as it "materially" upgraded its long-term profit and cash flow forecasts by 30- 40% following "very strong" first-half results.

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UK consumer confidence weakens as job worries mount

17th Aug 2026 10:11

(Sharecast News) - UK consumer confidence weakened in August as concerns over job security intensified and household incomes fell for the first time in more than three years, according to the latest S&P Global survey.

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Bentley Park to buy Time Finance in £55.1m deal

17th Aug 2026 10:06

(Sharecast News) - Time Finance said on Monday that it has agreed to be taken over by Bentley Park - the parent company of specialist asset-based lender Ultimate Finance - in a £55.1m deal.

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US pre-open: Futures mixed as traders look ahead to FOMC minutes

17th Aug 2026 10:03

(Sharecast News) - Wall Street futures were mixed ahead of the opening bell on Monday, with traders returning to work following a third consecutive weekly gain for the S&P 500.

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Asia report: Stocks mostly higher amid economic data barrage

17th Aug 2026 10:02

(Sharecast News) - Asian stocks finished firmly higher on Monday with strong gains in the tech sector lifting markets, as investors digested mixed economic data in Japan and awaited key indicators from China.

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Telecom Plus backs FY guidance after 'encouraging' start to year

17th Aug 2026 09:06

(Sharecast News) - Telecom Plus - which trades as Utility Warehouse - said on Monday that it was confident of meeting its guidance for FY27 and of delivering on its long-term goal of £175m of adjusted pre-tax profit by FY31 following an "encouraging" start to the year.

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Japan GDP slows more than expected, bond yields hit 30-year high

17th Aug 2026 09:01

(Sharecast News) - Japanese economic growth slowed more than expected in the second quarter of 2026, according to figures released on Monday from the country's Cabinet Office, while expectations of higher interest rates lifted bond yields to a 30-year high.

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Gulf Marine Services secures six-month contract extension

17th Aug 2026 08:44

(Sharecast News) - Lift boats operator Gulf Marine Services said on Monday that it had secured a contract extension for one of its small‑class vessels operating in the GCC region.

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