News Archive
More than 1m young people not in work or education - ONS
28th May 2026 13:32
(Sharecast News) - The number of young people not in education, employment or training (Neets) has risen to more than 1 million, according to figures released on Thursday by the Office for National Statistics.
Read moreUltimate Products Q3 revenue flat, group sales set to beat expectations
28th May 2026 13:31
(Sharecast News) - Ultimate Products said on Thursday that third-quarter revenue was flat year-on-year as growth in its own brands offset subdued consumer demand and a planned reduction in non-core third-party clearance sales.
Read moreProspex Energy reports wider annual loss
28th May 2026 13:27
(Sharecast News) - Prospex Energy reported a wider annual loss for 2025 on Thursday, driven mainly by a non-cash revaluation loss on its Italian investment, while highlighting continued production from Selva, the return of El Romeral to production after the period ended and the expansion of its portfolio into Poland.
Read moreUS inflation steady in April as PCE matches forecasts
28th May 2026 13:24
(Sharecast News) - US inflation held broadly in line with expectations in April, with the Federal Reserve's preferred gauge showing little change in underlying price pressures, even as household spending continued to rise.
Read moreDollar Tree shares jump as discount retailer tops Q1 estimates, ups FY guidance
28th May 2026 12:57
(Sharecast News) - Dollar Tree shares surged by over a tenth on Thursday after the American discount retailer posted stronger-than-expected first-quarter earnings, raised its full-year profit outlook and pointed to resilient demand from cost-conscious shoppers.
Read morePeel Hunt downgrades Hiscox after strong run but remains positive long term
28th May 2026 12:42
(Sharecast News) - Peel Hunt downgraded Hiscox on Thursday to 'add' from 'buy' after a strong share price performance and citing a full standalone valuation.
Read moreEuropean sentiment inches higher but stays close to five-year low
28th May 2026 11:33
(Sharecast News) - Economic sentiment across the eurozone was broadly stable over the month of May, according to the European Commission on Thursday, stabilising after hitting its lowest in over five years the previous month amid heightened geopolitical tensions in the Middle East.
Read moreLondon midday: Stocks stay down, oil up amid US-Iran strikes
28th May 2026 10:58
(Sharecast News) - London stocks were still sharply lower by midday on Thursday, with oil prices up after the US and Iran exchanged military strikes.
Read moreFRC fines BDO £2m for 'serious' breaches related to NMCM audit
28th May 2026 10:55
(Sharecast News) - The Financial Reporting Council said on Thursday that it has fined BDO and one of its senior partners £2m for "significant and serious" breaches related to the accountancy firm's audit of construction company NMCM.
Read moreUS pre-open: Futures edge lower on rising oil prices, Iran tensions
28th May 2026 10:01
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Thursday as a rebound in oil prices and renewed geopolitical tensions weighed on sentiment ahead of a key inflation print.
Read moreGreenRoc advancing plans for next phase of drilling at Amitsoq
28th May 2026 09:58
(Sharecast News) - GreenRoc Strategic Materials said on Thursday that preparations were advancing for its Phase III drilling programme at the Amitsoq graphite project in Greenland, while its pilot active anode material plant has produced its first spheronised graphite.
Read moreKohl's posts best comparable sales performance in over four years
28th May 2026 09:51
(Sharecast News) - Kohl's shares rose on Thursday after the department store chain posted a smaller-than-expected first-quarter loss and reaffirmed its full-year guidance, as early signs of progress emerged under chief executive Michael Bender's turnaround plan.
Read moreUK government would block Indian billionaire from lifting stake in BT - report
28th May 2026 09:45
(Sharecast News) - Shares of BT Group slumped on Thursday following a report the UK government would oppose any attempt from Indian billionaire Sunil Bharti Mittal to increase his stake in the telecoms group.
Read moreEurope midday: Stocks fall, oil jumps on US-Iran tensions
28th May 2026 09:33
(Sharecast News) - European stock markets fell on Thursday as a renewed jump in oil prices and heightened tensions between the Washington and Tehran eroded risk appetite, while investors awaited a key inflation reading in the US.
Read morePets at Home's retail turnaround making 'encouraging' progress, says Canaccord Genuity
28th May 2026 09:32
(Sharecast News) - Shares in Pets at Home were pulling back on Thursday after surging the previous session as markets welcomed the pet products and veterinary group's full-year results, with broker Canaccord Genuity reiterating its 'buy' rating on the stock.
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