News Archive

US manufacturing PMIs strengthen in May

1st Jun 2026 15:13

(Sharecast News) - US factory activity strengthened in May, according to two separate surveys on Monday, with both the Institute for Supply Management and S&P Global manufacturing PMIs pointing to the sector's fastest expansion in nearly two years.

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Oil prices extend gains as Iran said to suspend peace talks with US

1st Jun 2026 15:00

(Sharecast News) - Oil prices rose further in afternoon trade on Monday following a report that Iran has suspended peace talks with the US until Israel ends its operations in Lebanon.

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FTSE 250 movers: easyJet, Bluefield up on bid talk; Pan African slumps on outlook

1st Jun 2026 14:52

(Sharecast News) - FTSE 250 (MCX) 23,378.13 -0.20%

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People Inc. said to be preparing $18bn bid for MGM Resorts, shares surge

1st Jun 2026 14:30

(Sharecast News) - Shares of MGM Resorts surged on Monday after Barry Diller's People Inc. said it has submitted a non-binding proposal to buy the casino giant for $48.30 per share in cash.

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Titon acquires G-Pack Manufacturing for £1m

1st Jun 2026 14:25

(Sharecast News) - Titon Holdings said on Monday that it had acquired G-Pack Manufacturing, a designer and seller of injection moulded components for the UK window and door hardware sector, for £1m.

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LPA Group returns to profit in first half

1st Jun 2026 14:22

(Sharecast News) - LPA Group reported a return to profit in its first half on Monday as revenue rose sharply, with the engineering group saying it expected full-year results to be in line with market expectations.

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Broker tips: Easyjet, Hollywood Bowl, Whitbread, Cerillion, AJ Bell

1st Jun 2026 14:20

(Sharecast News) - JPMorgan said in a research note on Monday that Castlelake was "credible" after the US investment firm confirmed it was in the early stages of considering a takeover offer for Easyjet, but that no approach had been made.

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Safestay agrees £5.1m sale of Glasgow Charing Cross hostel

1st Jun 2026 14:18

(Sharecast News) - Safestay said on Monday that it had exchanged conditional contracts to sell its Safestay Glasgow Charing Cross freehold property and hostel to an independent third-party investor for £5.1m in cash.

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Great Western completes initial exploration on Defender-Pine Crow corridor

1st Jun 2026 14:15

(Sharecast News) - Great Western Mining said on Monday that it had completed initial exploration work across the three-kilometre corridor between its Defender-Pine Crow tungsten project and existing M2 copper resource in Mineral County, Nevada, ahead of a planned drilling campaign in July.

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Checkit appoints joint adviser as it explores sale options

1st Jun 2026 14:12

(Sharecast News) - Checkit said on Monday that it had appointed EC M&A as joint financial adviser as it continues its formal sale process.

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Director dealings: Magnum Ice Cream CEO snaps up shares

1st Jun 2026 14:10

(Sharecast News) - The Magnum Ice Cream Company revealed on Monday that chief executive Peter ter Kulve had acquired 23,150 ordinary shares in the London-listed firm.

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Forgent gets approval for maiden Peak Hills drilling campaign

1st Jun 2026 14:09

(Sharecast News) - Forgent said on Monday that it had received regulatory approval for its maiden drilling campaign at the Peak Hills gold-copper project in Western Australia.

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EnSilica wins seven-year, $75m manufacturing and supply contract

1st Jun 2026 14:06

(Sharecast News) - EnSilica said on Monday that it had won a seven-year manufacturing and supply contract expected to generate about $75m in revenue with a German manufacturer of automotive components.

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Avacta reports 'encouraging' early signals from AVA6000 clinical data

1st Jun 2026 14:01

(Sharecast News) - Avacta said on Monday that updated clinical data for its AVA6000 cancer therapy showed encouraging early efficacy signals in patients with salivary gland cancers, alongside a continuing favourable safety profile.

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FTSE 100 movers: BP and Shell gush higher as oil extends gains; defence firms slump

1st Jun 2026 14:01

(Sharecast News) - London's FTSE 100 was down 0.9% at 10,320.81 in afternoon trade on Monday, sliding on news that Iran has suspended peace talks with the US.

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