News Archive

Airbus shares fall on lower output targets amid Pratt & Whitney row

19th Feb 2026 09:27

(Sharecast News) - Airbus shares fell on Thursday as the aircraft maker said major shortages of Pratt & Whitney engines had led to a slowdown in production of its A320 jets, forcing it to cut delivery targets and threaten action to enforce its contractual rights with the supplier.

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Debenhams Group raises £40m to support turnaround plan

19th Feb 2026 09:08

(Sharecast News) - Debenhams Group, the online retail platform formerly known as and still trading on AIM as Boohoo Group, said on Thursday that it has completed an oversubscribed and upsized equity raise, securing £40m in gross proceeds to support its turnaround strategy.

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CRH upbeat about 2026 as full-year profits rise

19th Feb 2026 09:07

(Sharecast News) - Building materials provider CRH reported a rise in full-year profit and revenue on Thursday as it struck an upbeat tone on the outlook for 2026.

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Accor underwhelms with guidance-beating FY results, share buyback

19th Feb 2026 08:54

(Sharecast News) - French hospitality company Accor reported full-year results ahead of guidance on Thursday, with RevPAR momentum picking up in the fourth quarter, though shares fell after the company missed adjusted profit estimates and underwhelmed with a new share buyback plan.

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Drax signs 200MW tolling agreement with Zenobē Coalburn

19th Feb 2026 08:26

(Sharecast News) - Energy firm Drax said on Thursday that it had signed a tolling agreement with Zenobē Coalburn for 200MW of new battery energy storage capacity, strengthening its position in short‑duration, fast‑response power assets.

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Renault swings to €10.9bn loss as Nissan charge bites

19th Feb 2026 08:18

(Sharecast News) - French carmaker Renault Group said on Thursday that it had swung to a heavy loss in 2025, despite a modest uptick in revenues.

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London open: FTSE falls after record close; Centrica, Rio slump

19th Feb 2026 08:18

(Sharecast News) - London stocks fell in early trade on Thursday following a record close in the previous session, with Rio Tinto and Centrica sharply lower after disappointing results.

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Retailers planning to cut hours and jobs amid rising costs - BRC

19th Feb 2026 08:13

(Sharecast News) - Finance chiefs in the retail sector are planning to cut jobs and hours amid rising employment costs, according to a survey released on Thursday by the British Retail Consortium.

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Air France-KLM shares surge as FY operating profits top €2bn

19th Feb 2026 08:12

(Sharecast News) - Shares in Air France-KLM jumped by more than tenth on Thursday after the French-Dutch airline group posted a record annual operating profit as a "premiumisation" strategy drove revenues higher while fuel prices dropped.

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Europe open: Shares down amid earnings dump, mixed Fed minutes

19th Feb 2026 07:48

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

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Pernod Ricard Q2 sales slip amid soft demand in key markets

19th Feb 2026 07:47

(Sharecast News) - French drinksmaker Pernod Ricard reported a drop in second‑quarter sales on Thursday, as soft consumer demand and ongoing destocking in the US and China continued to weigh on performance.

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Centrica pauses buyback as full-year profits drop

19th Feb 2026 07:46

(Sharecast News) - Centrica shares slumped on Thursday after the British Gas owner said it was pausing its share buyback programme as it reported a decline in full-year operating profit in a "challenging environment", with guidance from the energy firm also disappointing.

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Nestlé to offload ice cream brands in portfolio simplification

19th Feb 2026 07:40

(Sharecast News) - Swiss foods giant Nestlé announced on Thursday that it is planning to offload its ice cream business to focus on four core areas of coffee, petcare, nutrition and food/snacks.

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Rio Tinto net profit falls 14% on weak iron ore demand

19th Feb 2026 07:33

(Sharecast News) - Rio Tinto on Thursday posted a 14% drop in full-year net profit as weak steel demand in China hit iron ore earnings, slightly offset by higher copper prices.

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London pre-open: More gains expected after record close; Rio Tinto in focus

19th Feb 2026 07:32

(Sharecast News) - London stocks were set for more gains on Thursday following a record close in the previous session, after a drop in inflation boosted hopes of a rate cut in March.

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