News Archive

Casino group Caesars agrees to $5.7bn takeover by Tilman Fertitta

28th May 2026 14:51

(Sharecast News) - Shares in Caesars Entertainment rose on Thursday after the hotels and casinos operator agreed to be acquired by Tilman Fertitta's Fertitta Entertainment in a $17.6bn cash-and-debt deal that will take the company private.

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London close: FTSE ends down but off lows amid renewed peace hopes

28th May 2026 14:49

(Sharecast News) - London stocks ended down but off lows on Thursday, while oil prices pared gains following a report the US and Iran have reached an agreement on a 60-day memorandum of understanding to extend the ceasefire and launch negotiations on Tehran's nuclear programme.

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US open: Stocks slip amid rising crude prices, heavy macro slate

28th May 2026 14:48

(Sharecast News) - Major indices were in the red early on Thursday as a rebound in oil prices and renewed geopolitical tensions weighed on sentiment as investors thumbed over a key inflation print.

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FTSE 250 movers: PPHE surges on takeover proposal; Hilton Foods among ex-divs

28th May 2026 14:27

(Sharecast News) - London's FTSE 250 was down 0.7% at 23,227.86 in afternoon trade on Thursday.

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FTSE 100 movers: Defence firms rally, BT slumps on FT report

28th May 2026 14:25

(Sharecast News) - London's FTSE 100 was down 0.9% at 10,414.91 in afternoon trade on Thursday.

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Trials show GSK drug cures hepatitis B in nearly 20% of patients

28th May 2026 14:19

(Sharecast News) - GSK said on Thursday that late-stage trial results for its experimental drug for chronic hepatitis B, bepirovirsen, showed that it helped nearly one in five patients to achieve a functional cure.

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Europe close: Stocks in the red on renewed US-Iran tensions

28th May 2026 14:17

(Sharecast News) - European stock markets fell on Thursday as renewed tensions between Washington and Tehran weighed on risk appetite, while investors digested a key US inflation reading and other economic data.

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Great Western Mining enters option deal over Eastside-Tango project

28th May 2026 14:16

(Sharecast News) - Great Western Mining said on Thursday that it had entered into an option agreement with KGHM Polska Miedz over the Eastside-Tango copper porphyry project in Nevada, giving the global copper producer the right to earn up to a 100% interest in the asset.

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US durable goods orders surge 7.9% in April, smashing forecasts

28th May 2026 14:13

(Sharecast News) - US durable goods orders surged in April, according to the Census Bureau, rising 7.9% to $346bn for the strongest monthly increase since May 2025.

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US first-quarter GDP revised down to just 1.6%

28th May 2026 14:12

(Sharecast News) - The US economy grew less than originally estimated in the first quarter of 2026, according to amended figures out on Thursday from the Bureau of Economic Analysis, with both investment and consumer spending figures revised lower.

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Touchstone brings two Trinidad wells into production

28th May 2026 14:08

(Sharecast News) - Touchstone Exploration said on Thursday that two development wells on its WD-8 block in Trinidad and Tobago had been brought into production, while work continued on boosting gas output capacity at Cascadura.

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US initial jobless claims come in ahead of expectations at 215,000

28th May 2026 14:05

(Sharecast News) - Americans lined up for unemployment benefits at an accelerated clip in the week ended 23 May, according to the Labor Department, rising by 5,000 to 215,000 - above expectations for a softer 1,000 increase.

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Best Buy shares jump on stronger-than-expected Q1

28th May 2026 13:58

(Sharecast News) - Best Buy shares rose on Thursday after the US electronics retailer reported stronger-than-expected first-quarter results and forecast better-than-anticipated comparable sales for the current quarter, supported by demand for gaming, computing, mobile phones and services.

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DP Poland posts higher annual revenue, adjusted earnings

28th May 2026 13:41

(Sharecast News) - DP Poland reported higher annual revenue and adjusted EBITDA for 2025, as the operator of Domino's stores in Poland and Croatia said its acquisition of Pizzeria 105 had accelerated the expansion of its franchise-led model.

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OptiBiotix reports higher revenue, improved margins

28th May 2026 13:36

(Sharecast News) - OptiBiotix Health reported higher annual revenue and improved margins for 2025 on Thursday, as the life sciences group said it was shifting its focus towards commercial sustainability, cost reduction and higher-growth markets.

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