News Archive
Evacuation orders lifted at Melrose's Garden Grove facility after thermal incident
27th May 2026 10:00
(Sharecast News) - Aerospace manufacturer Melrose Industries said on Wednesday that the remaining mandatory evacuation zone around its GKN Aerospace facility in Garden Grove, California, had been lifted, following last week's thermal incident that prompted precautionary action by local authorities.
Read moreUK grocery inflation eases in May - Worldpanel
27th May 2026 09:54
(Sharecast News) - Grocery inflation eased in May, according to data released on Wednesday by Worldpanel by Numerator.
Read moreAkzoNobel rejects €12.5bn offer from Nippon Paint, Sherwin-Williams
27th May 2026 09:49
(Sharecast News) - Shares in AkzoNobel surged in Amsterdam on Wednesday after the board of the Dutch paint maker rejected a €12.5bn takeover proposal from Nippon Paint Holdings and Sherwin-Williams, continuing to recommend a proposed deal with US peer Axalta Coating Systems.
Read moreSovereign testwork at Kasiya confirms monazite-containing earths
27th May 2026 09:45
(Sharecast News) - Sovereign Metals said on Wednesday that testwork had confirmed monazite containing critical heavy rare earth elements across multiple planned pits at its Kasiya rutile-graphite project in Malawi.
Read moreCohort flags revenue, adjusted operating profit ahead of expectations
27th May 2026 09:40
(Sharecast News) - Cohort said on Wednesday that full-year revenue and adjusted operating profit were ahead of market expectations after a strong performance from its Communications and Intelligence division and a full-year contribution from EM Solutions.
Read moreAsia report: Markets mixed as oil prices fall back
27th May 2026 09:26
(Sharecast News) - Asia-Pacific markets were mixed on Wednesday as investors weighed recent US military action in Iran, the fragile state of the Washington-Tehran ceasefire and hopes that a deal could still be reached, while gains in US technology stocks helped Wall Street indexes close at records.
Read moreBP Marsh reports further increase in net asset value
27th May 2026 09:25
(Sharecast News) - BP Marsh & Partners reported a further increase in net asset value for the year to January on Wednesday, as the specialist private equity investor completed two disposals and added eight new investments to its portfolio.
Read moreHICL Infrastructure posts stronger annual performance
27th May 2026 09:19
(Sharecast News) - HICL Infrastructure reported a stronger annual performance on Wednesday, with net asset value growth supported by portfolio disposals, operational outperformance and active capital allocation.
Read moreBerenberg hikes target price on Tate & Lyle
27th May 2026 09:15
(Sharecast News) - Berenberg hiked its target price on food and beverage products business Tate & Lyle from 464p to 554p on Wednesday as it said the group had delivered "strategic momentum amid offer uncertainty".
Read moreEurope open: Stocks gain despite geopolitical uncertainty as oil prices fall
27th May 2026 09:07
(Sharecast News) - European stock markets headed higher on Wednesday morning, helped by another leg down in the price of oil as investors weighed the latest developments in the Middle East.
Read moreUS FDA pushes back decision on Astrazeneca's camizestrant
27th May 2026 09:01
(Sharecast News) - Drugmaker Astrazeneca said the US Food and Drug Administration had pushed back its decision on camizestrant after requesting additional data for the drug's new application.
Read moreDeutsche Bank restarts IQE at 'buy'
27th May 2026 08:38
(Sharecast News) - Analysts at Deutsche Bank re‑initiated coverage of IQE on Wednesday, arguing that the semiconductor materials group was "hitting its stride" as demand strengthens across several key end‑markets.
Read moreHollywood Bowl interim profits, revenue rise amid 'robust' demand
27th May 2026 08:26
(Sharecast News) - Hollywood Bowl posted a jump in interim profit and revenue on Wednesday as it hailed "robust" demand for affordable leisure experiences.
Read moreWatkin Jones reports flat H1 operating profit
27th May 2026 08:11
(Sharecast News) - Watkin Jones reported a flat first-half operating profit on Wednesday, as lower revenue from in-build schemes was offset by cost control and steady construction delivery, while the group continued to diversify beyond its traditional forward-funding model.
Read moreLondon open: FTSE nudges lower as oil holds below $100 a barrel
27th May 2026 08:09
(Sharecast News) - London stocks were just a touch lower in early trade on Wednesday, with oil prices holding below $100 a barrel as investors continued to mull developments in the Middle East conflict after Iran threatened to retaliate following US strikes.
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