News Archive

Watkin 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.

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London 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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Greencore sees FY profit in line with market views after 'strong' first half

27th May 2026 08:07

(Sharecast News) - Food producer Greencore slumped on Wednesday after saying it swung to a first-half operating loss due to costs related to its £1.2bn acquisition of rival Bakkavor.

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Pets at Home posts mixed FY results as retail drags

27th May 2026 07:49

(Sharecast News) - Retailer Pets at Home posted a mixed set of full‑year results on Wednesday, with solid progress in its veterinary unit offset by continued pressure in retail as the firm continued to push ahead with its turnaround plan.

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London pre-open: Stocks to edge down as Iran threatens retaliation

27th May 2026 07:31

(Sharecast News) - London stocks were set to fall at the open on Wednesday as investors continue to mull developments in the Middle East conflict, after Iran threatened to retaliate following US strikes.

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Wednesday newspaper round-up: Energy price cap, Post Office Horizon, Radley

27th May 2026 07:16

(Sharecast News) - Households will face the steepest summer rise in energy charges in four years after months of soaring market prices caused the government's energy price cap for Great Britain to climb by 13%. Under the cap the average gas and electricity bill will increase to the equivalent of £1,862 a year from July until the end of September to take account of the rise in global energy market prices caused by the war on Iran. - Guardian

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Thursday preview: Johnson Matthey results, US PCE in the spotlight

27th May 2026 07:12

(Sharecast News) - Thursday sees the release of full-year results from Johnson Matthey and SSE , along with a trading update from molten metal flow engineer Vesuvius.

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Ofgem to hike energy price cap by 13pc

27th May 2026 07:11

(Sharecast News) - Ofgem said the energy price cap will rise by 13% from July, as higher wholesale gas prices linked to the conflict in the Middle East feed through to household bills.

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Bodycote maintains FY outlook amid strong growth in core business

27th May 2026 07:05

(Sharecast News) - Heat treatment specialist Bodycote said on Wednesday that trading over the first four months of the year was in line with expectations, with the group maintaining its full‑year outlook as strong growth in its core business offset the impact of ongoing plant exits.

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US close: Surging chip stocks push S&P 500, Nasdaq to new highs

26th May 2026 22:21

(Sharecast News) - US equity indices finished mostly higher on Tuesday on the back of strong gains in the tech sector, propelling the S&P 500 and Nasdaq to yet more all-time highs, while the Dow pulled back from its recent peak.

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London close: FTSE 100 hits five-week high on tentative peace deal hopes

26th May 2026 16:09

(Sharecast News) - London's blue chips rose to a five-week high on Tuesday, though trading was rangebound as investors continued to digest mixed signals surrounding peace deal talks between the US and Iran, while oil prices rebounded after heavy falls over recent days.

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Europe close: Shares fall on renewed Middle East fighting

26th May 2026 15:47

(Sharecast News) - European shares edged lower on Tuesday as renewed fighting between the US and Iran clouded the outlook for peace, while oil prices were mixed.

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Barclays upgrades British Land to 'overweight'

26th May 2026 14:51

(Sharecast News) - Barclays upgraded British Land to 'overweight' from 'equalweight' on Tuesday and reiterated its 'overweight' rating on Land Securities as it argued that both now offer what investors increasingly want from listed real estate.

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FTSE 250 movers: CVS jumps, oil stocks slip

26th May 2026 14:43

(Sharecast News) - FTSE 250 (MCX) 23,412.10 1.06%

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Groupon to lay off 400 staff worldwide, shares rise

26th May 2026 14:40

(Sharecast News) - Shares in US daily deals platform Groupon jumped on Tuesday as investors reacted to plans to cut up to 400 roles worldwide and an upgrade to full-year forecasts.

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