News Archive
London midday: FTSE nudges lower as peace deal remains elusive; easyJet surges
1st Jun 2026 10:37
(Sharecast News) - London stocks were a touch lower by midday on Monday after the US and Iran exchanged strikes over the weekend, and as data showed that UK house prices fell in May for the first time this year.
Read moreOil prices push higher after US and Iran trade blows
1st Jun 2026 10:33
(Sharecast News) - Oil prices pushed higher on Monday after Iran and the US continued to trade blows, dampening hopes for an imminent peace deal.
Read moreShore Capital upgrades AJ Bell after 'amazing' first-half beat
1st Jun 2026 10:17
(Sharecast News) - Shore Capital has upgraded its rating on AJ Bell from 'hold' to 'buy' after an "amazing beat" from the investment platform with its interim results two weeks ago.
Read moreUK manufacturing sector grows at fastest pace in four years in May
1st Jun 2026 10:17
(Sharecast News) - The UK manufacturing sector grew in May at the fastest pace in four years, according to a survey released on Monday.
Read moreUS pre-open: Futures trade higher despite Middle East flare up
1st Jun 2026 10:12
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Monday despite a flare up in the conflict between the US and Iran.
Read moreShares plunge as Wise faces European probe
1st Jun 2026 09:21
(Sharecast News) - Shares in Wise tanked on Monday after it emerged the fintech is being investigated over potential money laundering failures.
Read moreJPMorgan says easyJet suitor Castlelake is 'credible'; highlights stumbling blocks
1st Jun 2026 09:17
(Sharecast News) - JPMorgan said in a research note on Monday that Castlelake is "credible" after the US investment firm confirmed it is in the early stages of considering a takeover offer for easyJet, but that no approach had been made.
Read moreLitigation Capital Management extends debt covenant waiver, warns of negative developments
1st Jun 2026 09:12
(Sharecast News) - Disputes financier Litigation Capital Management said on Monday that its debt covenant waiver with Northleaf had been extended by a month, but also warned of negative developments in two case investments.
Read moreBerenberg cuts Whitbread target price, flags ambitious five‑year plan
1st Jun 2026 08:58
(Sharecast News) - Berenberg lowered their target price on Premier Inn owner Whitbread from 2,900p to 2,280p on Monday as it said the firm had delivered the operational "reset" it had outlined earlier in the year, but argued that the company's new five‑year plan still relies on ambitious assumptions and remains heavily weighted toward later years.
Read moreEurozone manufacturing growth revised slightly higher, but slowdown confirmed
1st Jun 2026 08:56
(Sharecast News) - Eurozone manufacturing activity figures for May were revised slightly higher on Monday, but confirmed that growth still slowed from its highest level in nearly four years the previous month.
Read moreApplied Nutrition FY trading running ahead of expectations
1st Jun 2026 08:17
(Sharecast News) - Sports nutrition company Applied Nutrition said on Monday that trading for the year ending 31 July was running ahead of expectations, with revenues now forecast to come in at roughly £148m and underlying earnings margins to be in line with consensus estimates, excluding the impact of a newly announced US acquisition.
Read moreBally's Intralot in talks with TPG about £225m bid for Evoke - report
1st Jun 2026 08:14
(Sharecast News) - Shares in gambling and gaming group Evoke jumped on Monday, after it was reported that private equity firm TPG was being lined up to help fund a possible £225m takeover by Bally's Intralot.
Read moreGerman April retail sales fall less than expected
1st Jun 2026 07:56
(Sharecast News) - German retail sales fell less than expected in April even after a sharp decline at petrol stations as the Iran war caused a spike in fuel prices.
Read moreEurope open: Shares mixed, oil up as US, Iran exchange attacks
1st Jun 2026 07:51
(Sharecast News) - European shares were mixed and oil prices higher at the open after the US struck targets in Iran over the weekend, while Kuwait came under attack on Monday morning.
Read moreRBC Capital slightly lower lowers target price on Hollywood Bowl
1st Jun 2026 07:49
(Sharecast News) - Analysts at RBC Capital Markets slightly lowered their target price on ten-pin bowling centres operator Hollywood Bowl from 420p to 415p on Monday, updating its model following the firm's interim results.
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