News Archive

US wholesale inventories up 0.2pc in December

19th Feb 2026 13:59

(Sharecast News) - US wholesale inventories rose by 0.2% month-on-month to $917.2bn in December, according to preliminary figures from the Census Bureau, matching November's reading and in line with market forecasts.

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US trade shortfall balloons in December, far exceeding forecasts

19th Feb 2026 13:48

(Sharecast News) - The US trade deficit widened sharply in December, rising 32.6% to $70.3bn from $53bn in November and coming in well above expectations for a $55.5bn shortfall, according to the Bureau of Economic Analysis.

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Norway's Blastr in the running to buy Speciality Steels UK - report

19th Feb 2026 13:44

(Sharecast News) - Norwegian green steel group Blastr is reportedly in the running to buy Speciality Steels UK (SSUK), Britain's third-biggest producer of the metal, six months after it collapsed into liquidation.

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Philadelphia Fed manufacturing index rises to 16.3 in February

19th Feb 2026 13:41

(Sharecast News) - Manufacturing conditions in the Philadelphia region improved in February, with the Philly Fed's headline index rising to 16.3 from 10.1, its strongest reading since September and well above the 8.5 expected by economists.

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Jubilee Metals reports sharp increase in Zambia copper production

19th Feb 2026 13:38

(Sharecast News) - Jubilee Metals reported a sharp increase in copper production from its Zambian operations in the first half of the 2026 financial year on Thursday, as Roan reached targeted throughput levels and Molefe Mine continued to ramp up despite seasonal disruption.

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Checkit flags break-even adjusted EBITDA

19th Feb 2026 13:34

(Sharecast News) - Checkit said on Thursday that it delivered break-even adjusted EBITDA for the year ended 31 January and generated cash in the second half, as cost savings and a shift towards higher-quality recurring revenue offset a modest decline in total sales.

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Thruvision secures contracts at UK custodial facilities

19th Feb 2026 13:32

(Sharecast News) - Thruvision Group announced on Thursday that it has secured multiple contracts to deploy its walk-through people screening technology across UK custodial facilities, with combined awards worth approximately £0.5m.

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First Development Resources reports encouraging results from Selta

19th Feb 2026 13:29

(Sharecast News) - First Development Resources reported encouraging rare-earth element stream sediment results from its Selta project in Australia's Northern Territory on Thursday, with assays of up to 2,103 parts per million total rare-earth elements plus yttrium and a significant narrowing of priority target areas.

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Wayfair shares tank on weaker customer numbers

19th Feb 2026 13:16

(Sharecast News) - Wayfair's share price dropped nearly 12% on Thursday despite the online furniture retailer beating profit estimates in the fourth quarter, as active customer numbers slipped year-on-year.

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SEC approves 80 Mile's Greenland oil venture

19th Feb 2026 12:21

(Sharecast News) - 80 Mile said on Thursday that the US Securities and Exchange Commission (SEC) has approved the proposed acquisition by Pelican Acquisition Corporation of Greenland Exploration Limited and March GL, clearing the final regulatory hurdle ahead of a shareholder vote and a planned Nasdaq listing under the name Greenland Energy.

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AB Dynamics appoints interim finance chief

19th Feb 2026 12:05

(Sharecast News) - AB Dynamics announced the appointment of Andrew Lewis as interim chief financial officer with immediate effect on Thursday, as the group continues its search for a permanent successor.

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Walmart reports strong Q4, remains cautious on outlook

19th Feb 2026 12:03

(Sharecast News) - Walmart reported stronger-than-expected fourth-quarter sales on Thursday, driven by grocery demand and surging online growth, as newly-appointed chief executive John Furner began his tenure with a cautious outlook for the year ahead.

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US initial jobless claims drop by 23,000

19th Feb 2026 11:56

(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 14 February, according to the Labor Department.

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Europe midday: Stoxx extends losses; Arcadis slumps

19th Feb 2026 11:44

(Sharecast News) - European stocks extended morning losses on Thursday as investors weighed another dump of continental earnings and assessed minutes from the US Federal Reserve.

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Deere shares jump on upbeat agriculture market outlook

19th Feb 2026 11:33

(Sharecast News) - Tractor and combine harvester maker Deere & Co reported weaker first-quarter earnings as trade tariffs hit profit margins, but raised its income guidance on the back of a predicted recovery in agriculture markets.

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