News Archive

EG Group to kick off formal plans for $9bn US float - report

16th Jan 2026 10:39

(Sharecast News) - Petrol forecourt company EG Group will reportedly kick off formal plans for a $9bn (£6.7bn) US stock market listing next week.

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US pre-open: Futures trade higher as Wall Street looks to extend gains

16th Jan 2026 10:04

(Sharecast News) - Wall Street futures were in the green ahead of the bell on Friday after both chip and banking stocks gave major indices a boost in the previous session.

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HSBC to review Singapore insurance business

16th Jan 2026 09:59

(Sharecast News) - HSBC announced plans on Friday for a strategic review of its insurance manufacturing business in Singapore.

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Week ahead: Wetherspoons, Netflix, BoJ

16th Jan 2026 09:52

(Sharecast News) - Next week sees the release of updates from the likes of Wetherspoons and B&M, while across the pond, quarterly earnings from streaming giant Netflix are due.

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Mitsubishi buys US shale gas assets from Aethon for $5bn

16th Jan 2026 09:30

(Sharecast News) - Mitsubishi Corporation has made its first entry into the US shale gas industry with the $5.2bn acquisition of Aethon Energy Management's assets in Texas and Louisiana.

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RBC Capital upgrades Close Brothers to 'outperform', shares spark

16th Jan 2026 09:29

(Sharecast News) - Close Brothers sparked on Friday after RBC Capital Markets upgraded the stock to 'outperform' from 'sector perform' and hiked the price target to 625p from 475p.

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Porsche delivers fall 10% in 2025 on supply issues, China weakness

16th Jan 2026 09:12

(Sharecast News) - Porsche deliveries dropped by a tenth in 2025 due to supply problems and weakness in China, according to the luxury sports carmaker on Friday, as the German auto company reiterated its focus on a "value over volume" strategy.

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Asia report: Kospi extends gains on mixed day for region

16th Jan 2026 08:50

(Sharecast News) - Asia-Pacific markets were mixed on Friday, with chip stocks leading gains after the United States reached a trade deal with Taiwan, lifting semiconductor sentiment across the region and pushing both Taiwan's Taiex and South Korea's Kospi to fresh record highs.

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London open: Stocks edge down as miners hit by falling copper prices

16th Jan 2026 08:35

(Sharecast News) - London stocks edged lower in early trade on Friday after the top-flight index hit fresh highs in the previous session, with miners under the cosh as copper prices fell.

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Europe open: Shares pause for breath after record-breaking week

16th Jan 2026 08:16

(Sharecast News) - European markets opened lower on Friday after a week of record highs as investors took a pause amid geopolitical tensions.

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London close: Stocks end flat as investors pause for breath; miners slump

16th Jan 2026 08:15

(Sharecast News) - London stocks ended flat on Friday as investors paused for breath following record highs earlier in the week and ahead of the long weekend in the US, with miners under the cosh as copper prices fell.

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London close: Stocks end flat as investors pause for breath; miners slump

16th Jan 2026 08:15

(Sharecast News) - London stocks ended flat on Friday as investors paused for breath following record highs earlier in the week and ahead of the long weekend in the US, with miners under the cosh as copper prices fell.

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Berenberg slightly lowerrs target price on BP

16th Jan 2026 08:09

(Sharecast News) - Analysts at Berenberg slightly lowered their target price on energy giant BP from 525p to 520p on Friday, following the group's fourth quarter trading update on 14 January.

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Character Group FY profits seen higher despite LFL sales decline

16th Jan 2026 07:52

(Sharecast News) - Toy company Character Group said on Friday that trading conditions across its markets remained difficult, with like‑for‑like sales in the four months to Christmas around 11% lower than the same period in 2024.

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Bodycote buys Spectrum Thermal Processing for $8m

16th Jan 2026 07:46

(Sharecast News) - Bodycote said on Friday that it has bought Spectrum Thermal Processing, an aerospace and defence focused heat treatment provider based in Cranston, Rhode Island, for about $8m in cash.

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