News Archive

Informa names former Reuters boss Tom Glocer chair

9th Jul 2026 11:58

(Sharecast News) - Media group Informa has named former Thomson Reuters Group veteran Tom Glocer as its next chair.

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PepsiCo shares drop on gloomy outlook despite Q2 beat

9th Jul 2026 11:56

(Sharecast News) - PepsiCo shares dropped in New York on Thursday after the drinks and snacks group flagged pressure from unpredictable commodity prices and weaker North American food sales, despite posting higher second-quarter profits.

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Europe midday: Shares hold gains despite latest US-Iran military exchange

9th Jul 2026 11:25

(Sharecast News) - European held gains despite the latest tit-for-tat strikes by the US and Iran overnight.

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Workspace hits back at Saba's 'high-risk' plan ahead of key vote

9th Jul 2026 11:15

(Sharecast News) - Workspace Group hit out at Saba Capital Management on Thursday, as it urged shareholders to reject "flawed" plans by the activist investor to break up the business.

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US pre-open: Futures higher as oil prices stabilise, PepsiCo in focus

9th Jul 2026 11:00

(Sharecast News) - Stock futures were pointing to small gains on Wall Street on Thursday as markets attempted to recover from losses in the previous session following the end of a ceasefire between the US and Iran.

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London midday: FTSE stays down as AstraZeneca tumbles on drug disappointment

9th Jul 2026 10:47

(Sharecast News) - London stocks were still weaker by midday on Thursday, dragged lower by heavy losses for AstraZeneca, as Donald Trump suggested Iran still wants to strike a peace deal despite escalating tensions between the US and Tehran.

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ECR Minerals identifies new gold target at Lolworth

9th Jul 2026 10:35

(Sharecast News) - ECR Minerals said on Thursday that laboratory assay results from the Butterfly Creek prospect had identified a new drill-ready gold target at its wholly owned Lolworth project in North Queensland.

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Hugo Boss urges shareholders to reject 'inadequate' Frasers bid

9th Jul 2026 10:33

(Sharecast News) - Hugo Boss urged its shareholders on Thursday to reject an "inadequate" £1.7bn takeover bid by Mike Ashley's Frasers Group.

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Pebble Group flags first-half revenue, earnings growth

9th Jul 2026 10:30

(Sharecast News) - Pebble Group said on Thursday that first-half trading was in line with management expectations, with group revenue and adjusted EBITDA both expected to be ahead of the prior year.

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Asia report: Tech stocks lead gains on mixed day for region

9th Jul 2026 10:13

(Sharecast News) - Asia-Pacific markets closed mixed on Thursday as equity markets began to rebound despite renewed US-Iran tensions and elevated oil prices.

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Brooks Macdonald posts growth in funds under management

9th Jul 2026 10:10

(Sharecast News) - Brooks Macdonald said on Thursday that funds under management and advice rose to £21.7bn at 30 June from £19.1bn a year earlier, as its full-year net flows improved by more than £600m.

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Prologis says combination with Segro still best route to long-term value

9th Jul 2026 10:07

(Sharecast News) - Prologis said on Thursday that a combination with Segro remained the best route to maximise long-term value, as it published a new investor presentation arguing the deal would give Segro shareholders access to a larger and better-capitalised data centre platform.

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Polar Capital shares slide despite jump in AuM

9th Jul 2026 10:02

(Sharecast News) - Polar Capital shares were sliding on Thursday, even after it reported that assets under management rose 47% over the quarter to £45.0bn at 30 June, from £30.6bn at the end of March.

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AstraZeneca shares slide on failure of cardiomyopathy trial

9th Jul 2026 09:57

(Sharecast News) - AstraZeneca said on Thursday that the phase 3 CARDIO-TTRansform trial of Wainua in adults with transthyretin-mediated amyloid cardiomyopathy did not meet its primary endpoint, failing to show a statistically significant benefit against placebo on the composite measure of cardiovascular mortality and recurrent cardiovascular clinical events up to 140 weeks.

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Severn Trent trading in line with expectations

9th Jul 2026 09:54

(Sharecast News) - Severn Trent said on Thursday that trading remained in line with expectations after a strong start to the 2027 financial year, leaving the water utility confident of delivering at least £50m of total performance incentives during the year.

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