News Archive

Castlelake abandons easyJet pursuit, clears way for £5.7bn takeover by Apollo

6th Aug 2026 15:01

(Sharecast News) - US investment firm Castlelake said on Thursday that it was abandoning its pursuit of easyJet, clearing the path for a £5.7bn takeover by Apollo.

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RBC Capital hikes Bodycote price target on potential for competing bids

6th Aug 2026 14:31

(Sharecast News) - RBC Capital Markets suggested on Thursday that takeover approaches by private equity firms CVC and Veritas Capital for Bodycote are "not very generous", as it lifted its price target on shares of the provider of heat treatment and specialist metallurgical technologies.

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RBC Capital hikes Bodycote price target on potential for competing bids

6th Aug 2026 14:31

(Sharecast News) - RBC Capital Markets suggested on Thursday that takeover approaches by private equity firms CVC and Veritas Capital for Bodycote are "not very generous", as it lifted its price target on shares of the provider of heat treatment and specialist metallurgical technologies.

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US non‑farm productivity up 1.4pc in Q2

6th Aug 2026 13:56

(Sharecast News) - US labour productivity picked up in the second quarter, according to preliminary figures from the Bureau of Labor Statistics on Thursday, with non‑farm business sector productivity rising 1.4% on an annualised basis as output increased 1.7%, hours worked edged 0.3% higher and productivity was up 2.2%.

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OSB Group cuts margin guidance, shares tank

6th Aug 2026 13:54

(Sharecast News) - Shares of OSB Group slid on Thursday after the lender downgraded its margin and return on tangible equity guidance for https://www.investegate.co.uk/announcement/gnw/osb-group--osb/osb-group-plc-interim-report-for-the-six-mont-/9707254the year.

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Rheinmetall, Renk paint contrasting defence picture

6th Aug 2026 13:19

(Sharecast News) - Rheinmetall shares slumped on Thursday after the German defence group cut its 2026 sales outlook, overshadowing otherwise steady quarterly figures.

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Quilter slips despite record inflows, double‑digit profit growth in H1

6th Aug 2026 12:56

(Sharecast News) - Investment and wealth manager Quilter delivered another strong first‑half performance on Thursday, reporting record net inflows and double‑digit profit growth across its platform, solutions and high‑net‑worth businesses, although the stock traded lower as investors focused on rising costs and weaker interest income.

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Diageo outlines plans for $1bn cost savings, shares fizz higher

6th Aug 2026 12:55

(Sharecast News) - Diageo shares fizzed higher on Thursday as the drinks giant outlined plans to save around $1bn over the next three years alongside its full-year results.

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Director dealings: Cadence Minerals CEO raises stake

6th Aug 2026 12:48

(Sharecast News) - Cadence Minerals revealed on Thursday that chief executive Kiran Morzaria had acquired 733,867 ordinary shares in the AIM-listed investment and development firm.

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Broker tips: Next, Bodycote

6th Aug 2026 12:47

(Sharecast News) - Analysts at Berenberg lifted their price target on Next from 18,000p to 18,700p on Thursday, as they said the retailer's latest trading update reinforced momentum across its brand portfolio and fast‑growing international operations.

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US initial jobless claims nudge up by 1,000

6th Aug 2026 12:45

(Sharecast News) - Americans lined up for unemployment benefits at an accelerated pace in the week ended 1 August, according to the Labor Department, with initial claims rising by 1,000 to 199,000, slightly below expectations for a reading of 202,000.

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US open: Stocks mixed as oil climbs on Middle East tensions

6th Aug 2026 12:44

(Sharecast News) - Major indices were mixed at the open on Thursday after the Dow's fresh record high, with investors turning their attention to news from the Middle East, another slate of corporate earnings and several data points.

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Berenberg raises target price on Next following latest trading update

6th Aug 2026 12:36

(Sharecast News) - Analysts at Berenberg lifted their price target on Next from 18,000p to 18,700p on Thursday, as they said the retailer's latest trading update reinforced momentum across its brand portfolio and fast‑growing international operations.

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FTSE 250 movers: WPP surges; OSB Group slumps

6th Aug 2026 12:27

(Sharecast News) - FTSE 250 (MCX) 24,646.82 0.06%

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US employers announce 33,429 job cuts in July

6th Aug 2026 12:20

(Sharecast News) - US employers announced 33,429 job cuts in July, according to Challenger, Gray & Christmas, down 27% from June and 46% below the same month last year to mark the lowest monthly total in two years.

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