News Archive
RBC 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.
Read moreLondon open: Stocks edge lower as US-Iran deal remains elusive; easyJet surges
1st Jun 2026 07:48
(Sharecast News) - London stocks edged lower in early trade on Monday after the US and Iran exchanged strikes over the weekend, and as data showed that house prices fell in May for the first time this year.
Read moreWeakening demand weighs on Chinese factory activity
1st Jun 2026 07:37
(Sharecast News) - China's factory activity slowed in May, according to official figures, as demand weakened while input costs remained high.
Read moreLondon pre-open: Stocks to fall as US-Iran peace deal remains elusive
1st Jun 2026 07:36
(Sharecast News) - London stocks were set to fall at the open on Monday as a US-Iran peace deal remained elusive.
Read moreUK house prices fall in May - Nationwide
1st Jun 2026 07:34
(Sharecast News) - House prices fell for the first time this year in May, industry data showed on Monday, as weakening consumer sentiment and rising costs in the wake of the Iran war hit home.
Read moreEasyJet says bid from Castlelake would be 'highly opportunistic'
1st Jun 2026 07:31
(Sharecast News) - EasyJet said on Monday that it is not in talks with Castlelake after the US investment firm announced late on Friday that it was in the early stages of considering a possible offer for the budget airline.
Read moreME Group sees lower profits as Iran war hits revenues
1st Jun 2026 07:20
(Sharecast News) - Shares in ME Group International tanked more than 26.5% on Monday after the self-service equipment company warned annual profits would be lower as the Iran war hit revenues at its photo-booth and laundry businesses in the first half of the fiscal year.
Read moreDrax to acquire Bluefield Solar Income Fund in £561m deal
1st Jun 2026 07:08
(Sharecast News) - Renewable energy business Drax has agreed to acquire Bluefield Solar Income Fund in a cash deal worth about £548m, with an additional 2.25p dividend taking the total offer to 94.824p per share - a 31% premium to BSIF's 4 November 2025 closing price, the last trading day before the offer period began.
Read moreMonday newspaper round-up: Arm CEO, Meta, Jes Staley
1st Jun 2026 07:07
(Sharecast News) - The UK's financial watchdog is being urged to prove its relationship with the US tech company Palantir will not provide the Trump administration with backdoor access to troves of sensitive citizen and commercial data. A US law that can oblige tech companies to disclose information to American authorities may apply to Palantir's deal to help the Financial Conduct Authority detect crime, Martin Wrigley MP, a member of the House of Commons science and technology select committee, has warned. - Guardian
Read moreFrance's Lactalis buys Protein Works
1st Jun 2026 07:03
(Sharecast News) - France's Lactalis said on Monday that it has bought the UK's Protein Works.
Read moreCerillion confident despite lower first-half revenue, profit
1st Jun 2026 07:02
(Sharecast News) - Cerillion said on Monday that it remained on track to meet full-year market expectations, despite lower first-half revenue and profit, after new orders more than doubled and its back-order book reached a record level.
Read moreUK companies expecting broad-based weakness over the summer - CBI
1st Jun 2026 06:59
(Sharecast News) - UK companies continue to expect broad-based weakness over the summer, according to a survey released on Monday.
Read moreSunday newspaper round-up: Easyjet, dark trading, Tempest fighter jet, Keir Starmer, Premier Group Recruitment, Lebanon
31st May 2026 08:16
(Sharecast News) - Easyjet could become the latest company to exit London's struggling stock market after US investment fund Castlelake said it was considering a takeover approach, according to The Times. The disclosure triggered a formal "put up or shut up" deadline under City rules. A successful bid would add the airline to the growing list of London‑listed firms snapped up by overseas buyers taking advantage of depressed UK valuations.
Read moreUS close: Wall Street hits fresh records as tech leads monthly gains
29th May 2026 23:35
(Sharecast News) - Major indices closed at fresh record highs on Friday, capping a strong month for equities as technology shares continued to lead the market higher and crude prices eased.
Read moreClean Power Hydrogen shares suspended after incident causes 'significant' damage
29th May 2026 15:23
(Sharecast News) - Clean Power Hydrogen said on Friday that its shares had been suspended from trading on AIM after an incident during final factory acceptance testing of its 1MW MFE220 unit caused significant equipment damage and left the company facing a constrained working capital position.
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