News Archive

The Property Franchise Group trading in line with expectations

28th May 2026 09:20

(Sharecast News) - The Property Franchise Group said on Thursday that it continued to trade in line with board expectations, supported by recurring revenues across its franchise and licensing divisions.

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Asia report: Most markets fall on fresh fighting in Hormuz

28th May 2026 09:19

(Sharecast News) - Asia-Pacific markets fell on Thursday as tensions in the Middle East escalated after fresh US strikes in Iran raised concerns over regional stability and potential supply disruption near the Strait of Hormuz.

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Fattal makes £930m non‑binding approach for PPHE

28th May 2026 08:57

(Sharecast News) - Fattal Hotel Group said on Thursday that it has submitted a non‑binding proposal to acquire the remaining shares of PPHE Hotel Group for £22 per share in cash, valuing the London‑listed hospitality group at around £930m.

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Losses widen at IQE as it completes £81m fundraising

28th May 2026 08:56

(Sharecast News) - IQE said on Thursday that it had completed an £81m fundraising, including a strategic investment from MACOM Technology Solutions, as the compound semiconductor wafer supplier also reported a wider adjusted annual loss and said improved trading momentum had continued into 2026.

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Cooks Coffee posts jump in FY sales amid expansion

28th May 2026 08:08

(Sharecast News) - Aquis-listed Cooks Coffee Company - the owner of the Esquires coffee chain - reported a rise in full-year sales and earnings on Thursday as it rolled out more stores.

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Sirius Real Estate acquires business park in Germany's Hesse region

28th May 2026 08:06

(Sharecast News) - Real estate investment trust Sirius Real Estate said on Thursday that it has notarised the acquisition of a light‑industrial business park in Fulda, north‑east of Frankfurt, for a total cost of €49.8m.

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London open: Stocks slide, oil rises as US-Iran exchange military strikes

28th May 2026 08:02

(Sharecast News) - London stocks slid in early trade on Thursday, while oil prices rose after the US and Iran exchanged military strikes.

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Computacenter buys Government Acquisitions for up to $92m

28th May 2026 07:47

(Sharecast News) - Computacenter said on Thursday that it has bought Government Acquisitions (GAI), a value-added reseller focused on the US federal government market, for up to $92m (£68.6m).

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RBC Capital nudges up Metro Bank target price

28th May 2026 07:46

(Sharecast News) - Analysts at RBC Capital Markets hiked their target price on retail and commercial bank Metro Bank from 170p to 195p on Thursday, noting that the lender was now further along in executing its turnaround strategy and should benefit from a higher‑for‑longer interest‑rate environment.

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Johnson Matthey grows underlying profits, unveils US power generation bolt-on deal

28th May 2026 07:38

(Sharecast News) - Johnson Matthey delivered operating profits in line with previously upgraded guidance on Thursday, as it announced a $360m acquisition to beef up its presence in the growing US power generation market.

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London pre-open: Stocks to drop as US and Iran exchange strikes

28th May 2026 07:32

(Sharecast News) - London stocks were set to drop at the open on Thursday following fresh strikes between the US and Iran.

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Thursday newspaper round-up: Food crisis, Universal Music, Samsung

28th May 2026 07:13

(Sharecast News) - Britain is "sleepwalking into a food crisis" caused by extreme weather, inflation and the impacts of the Iran war - and the government is failing to take the threat seriously, food experts have said. Farmers are facing severe strain from the current heatwave following a dry spring, with many crops likely to yield less as temperatures rise beyond their tolerance. Livestock are also suffering heat stress and there is a rising risk of wildfires. Economic losses are likely to be measured in the hundreds of millions of pounds. - Guardian

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Vesuvius maintains FY outlook after solid start to 2026

28th May 2026 07:10

(Sharecast News) - Metal flow engineering firm Vesuvius said on Thursday that trading over the first four months of the year was slightly ahead of 2025 on a constant‑currency basis, leading the group to maintain its full‑year guidance as it expects to report a stronger second half performance.

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Friday preview: Nationwide house prices in focus on quiet day

28th May 2026 07:09

(Sharecast News) - Friday looked set to be a very quiet end to the week, with no FTSE 350 corporate releases due.

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Finsbury Growth & Income Trust looks to strengthen returns after weaker period

28th May 2026 07:08

(Sharecast News) - Finsbury Growth & Income Trust said in its half-year report on Thursday that it would enhance its dividend policy, increase gearing and reduce management fees as the board looked to improve shareholder returns after a period of weak performance.

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