News Archive

Travis Perkins returns to LFL growth in third quarter

16th Oct 2025 07:20

(Sharecast News) - Building materials group Travis Perkins reported a return to underlying sales growth in its third quarter, as actions taken to "sharpen the competitive proposition" in its merchanting operations paid off.

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Thursday newspaper round-up: Welfare cuts, PHEVs, London City Airport

16th Oct 2025 07:17

(Sharecast News) - Britain's leading tax and spending experts have urged Rachel Reeves to consider announcing billions of pounds in welfare cuts in next month's budget to help placate jittery financial markets. After the chancellor gave her strongest hint yet that spending cuts were under consideration, the Institute for Fiscal Studies (IFS) called on Reeves to take "bold" action to plug a potential £22bn shortfall in the government finances. - Guardian

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TSMC lifts revenue guidance after another record quarter

16th Oct 2025 07:13

(Sharecast News) - Contract chipmaker TSMC smashed forecasts with a record profit in the third quarter and once again upgraded its annual revenue guidance as it continues to reap the benefits of the continued surge in AI spending worldwide.

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Friday preview: US housing starts, American Express results due

16th Oct 2025 07:11

(Sharecast News) - Friday looked set to be a quiet end to a busy week, with no corporate or macroeconomic releases of note due in the UK.

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Oakley sells stake in atHome to Apax

16th Oct 2025 07:02

(Sharecast News) - Pan-European private equity investor Oakley Capital said it had sold its stake in Luxembourg-based property and auto market provider atHome to Apax Partners.

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Workspace rent roll declines amid Centro Building vacancies

16th Oct 2025 07:02

(Sharecast News) - Flexible workspace operator Workspace Group reported a 2.3% decline in like-for-like occupancy on Thursday, dropping to 80% in the second quarter, largely due to customer vacations at The Centro Buildings in Camden.

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UK economic growth ticks higher in August - ONS

16th Oct 2025 07:00

(Sharecast News) - The UK economy expanded modestly in August, official data showed on Thursday, supported by the UK's dominant services sector.

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US close: Dow slips, Nasdaq gains as Trump's China threats cloud upbeat results

15th Oct 2025 22:49

(Sharecast News) - Major indices delivered a mixed performance on Wednesday as concerns about the re-escalation of Donald Trump's trade war with China weighed on solid bank earnings.

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Europe close: LVMH, luxury plays underpin French rally

15th Oct 2025 17:45

(Sharecast News) - European stocks advanced on Wednesday, lifted by strong corporate results and a relief rally in France after signs of easing political tensions, though markets in London and Frankfurt ended lower.

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Director dealings: YouGov director snaps up shares

15th Oct 2025 15:32

(Sharecast News) - YouGov revealed on Wednesday that non-executive director Ian Griffiths had acquired 19,216 ordinary shares in the research data and analytics group.

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Broker tips: IAG, Mitie

15th Oct 2025 15:22

(Sharecast News) - Morgan Stanley initiated coverage on a host of airline stocks on Wednesday, as it pointed to "short-haul pain" but "long-haul gain", with BA and Iberia owner IAG its 'top pick'.

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Alien Metals upbeat on start of drilling at Elizabeth Hill

15th Oct 2025 15:03

(Sharecast News) - Alien Metals said on Wednesday that phase two diamond drilling had started at the Elizabeth Hill Silver Project in Western Australia, operated by its joint venture partner West Coast Silver.

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Red Rock agrees to sell Ivory Coast gold exploration assets

15th Oct 2025 15:00

(Sharecast News) - Red Rock Resources announced an agreement to sell its gold exploration assets in Ivory Coast to Australia's Dalaroo Metals for AUD 715,500 (£350,000) in shares on Wednesday, as part of a strategy to monetise non-core assets and strengthen liquidity.

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Hercules acquires 70pc stake in Lyons Power Services

15th Oct 2025 14:57

(Sharecast News) - Hercules announced the acquisition of a 70% stake in Lyons Power Services, a Warrington-based specialist provider of power and energy infrastructure services, for £702,800 on Wednesday, as it continued to broaden its presence in the UK's growing energy sector.

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Empire State manufacturing index unexpectedly rises

15th Oct 2025 14:52

(Sharecast News) - Manufacturing activity across New York State unexpectedly rose in October, marking its third increase over the past four months, according to a monthly report on sector conditions conducted by the Federal Reserve Bank of New York.

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