News Archive

Microsoft to cut 2.1% of global workforce, or 4,800 jobs

6th Jul 2026 15:03

(Sharecast News) - Microsoft has announced plans to cut around 2.1% of its global workforce, or 4,800 jobs.

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Oriole shares jump on latest step-out drilling results

6th Jul 2026 15:01

(Sharecast News) - Oriole Resources said on Monday that final results from step-out drilling at the MB01-S deposit in Cameroon had confirmed a south-eastward extension to mineralisation, supporting potential growth in the existing 870,000-ounce gold resource.

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Power Metal renews prospecting licence, starts core drilling programme

6th Jul 2026 14:58

(Sharecast News) - Power Metal Resources said on Monday that prospecting licence 311/2016 at its Molopo Farms Complex project in Botswana had been renewed for two years and was now valid until 31 March 2028.

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One Health reports rise in full-year revenue, earnings

6th Jul 2026 14:56

(Sharecast News) - One Health Group reported an 11% rise in full-year revenue to £31.6m on Monday, with adjusted EBITDA up 28% to £2.6m and ahead of previous market expectations.

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Conroy Gold completes first phase of Clontibret drilling

6th Jul 2026 14:53

(Sharecast News) - Conroy Gold said it had completed the first phase of drilling at its Clontibret gold project in Ireland, with five holes returning results that strengthened evidence of mineralisation continuity along strike and at depth while identifying a significant Buddingtonite alteration zone associated with hydrothermal gold systems.

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FTSE 100 movers: IAG flies higher on easyJet deal

6th Jul 2026 14:47

(Sharecast News) - London's FTSE 100 was down 0.5% at 10,631.16 in quiet afternoon trade on Monday.

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US services activity expands in June

6th Jul 2026 14:35

(Sharecast News) - US services activity expanded again in June, according to separate surveys from S&P Global and the Institute for Supply Management, though both pointed to only modest growth and lingering cost pressures.

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FTSE 250 movers: Ryanair up; Close Bros down

6th Jul 2026 14:12

(Sharecast News) - FTSE 250 (MCX) 23,477.15 -0.26%

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Lockheed Martin to buy Ultra Maritime for $3.45bn

6th Jul 2026 14:02

(Sharecast News) - US defence firm Lockheed Martin confirmed on Monday that it has agreed to buy Ultra Maritime from private equity firm Advent for $3.45bn.

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Tuesday preview: Shell update due; SpaceX to join Nasdaq-100

6th Jul 2026 13:52

(Sharecast News) - Tuesday will bring a quarterly update from oil giant Shell, while the latest Lloyds house price index - formerly the Halifax house price index - will be released, and Elon Musk's SpaceX will join the Nasdaq-100.

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Novartis to buy UK biotech firm Myricx for up to $1.5bn

6th Jul 2026 13:50

(Sharecast News) - Novartis said on Monday that it has agreed to buy Myricx, a privately held UK biotechnology company firm, for up to $1.5bn.

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US open: Stocks mixed as Dow pulls back from record highs

6th Jul 2026 13:43

(Sharecast News) - Wall Street trading got off to a mixed start on Monday after a strong week that saw the Dow Jones Industrial Average hit fresh record highs.

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Broker tips: Close Brothers, Rentokil Initial

6th Jul 2026 13:42

(Sharecast News) - Analysts at RBC Capital Markets downgraded Close Brothers from 'outperform' to 'sector perform' on Monday, citing rising uncertainty after the Upper Tribunal unexpectedly agreed to hear a judicial review of the Financial Conduct Authority's motor‑finance redress scheme.

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Deutsche Bank lowers target price on Rentokil Initial

6th Jul 2026 13:39

(Sharecast News) - Deutsche Bank cut its target price on Rentokil Initial to 642p from 676p, saying recent trading softness in the US pest‑control business had prompted a modest reduction in estimates.

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Director dealings: Trifast director raises stake

6th Jul 2026 13:11

(Sharecast News) - Trifast revealed on Monday that non-executive director Nicholas Mills had acquired 3.97m ordinary shares in the London-listed industrial fasteners business.

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