News Archive

PipeHawk sale of Utsi clears UK national security hurdle

26th May 2026 11:34

(Sharecast News) - PipeHawk said on Tuesday that a key condition for the proposed sale of Utsi Electronics had been satisfied after the Cabinet Office confirmed it would take no further action under the National Security and Investment Act.

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Velocity Composites on track to meet full-year expectations

26th May 2026 11:31

(Sharecast News) - Velocity Composites said on Tuesday that it remained on track to meet full-year expectations despite lower first-half revenue, as shipment phasing and supply delays weighed on sales but demand from UK customers improved.

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Union Jack Oil reports full-year loss

26th May 2026 11:27

(Sharecast News) - Union Jack Oil reported a full-year loss for 2025 on Tuesday, after impairments on several UK assets, as revenue fell and the company continued its strategic shift towards the US.

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Poundland owner closing in on deal to buy Radley - report

26th May 2026 11:27

(Sharecast News) - The owner of discount retailer Poundland is reportedly close to a deal to buy handbag maker Radley that will trigger another wave of retail job losses.

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Anglesey Mining appoints Andrew Fulton as its new CEO

26th May 2026 11:25

(Sharecast News) - Anglesey Mining announced the appointment of Andrew Fulton as chief executive on Tuesday, with effect from 1 June, as the company continues to focus on developing its Parys Mountain project in North Wales.

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US pre-open: Futures rise as oil falls, diplomatic hopes lift sentiment

26th May 2026 11:21

(Sharecast News) - Wall Street futures were in the green ahead of the open on Tuesday as oil prices fell and hopes grew that negotiations to end the US and Israel's conflict with Iran were making progress.

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London midday: FTSE maintains gains amid mixed messages on peace talks

26th May 2026 10:55

(Sharecast News) - London stocks were still in the black by midday on Tuesday as investors mulled more mixed messages on progress in US-Iran peace talks, with oil prices up again after the US carried out new strikes on Iran.

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Ultimate Products appoints Princes Group's Simon Harrison as new CEO

26th May 2026 10:51

(Sharecast News) - Ultimate Products said on Tuesday that it has appointed Princes Group's Simon Harrison as its new chief executive officer with effect from 26 October.

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UK retail volumes slump eases, but weak demand still weighs - CBI

26th May 2026 10:33

(Sharecast News) - UK retail selling prices in May grew at their slowest pace in more than a year and are expected to remain poor on the back of weak consumer demand although volumes were better than the record downturn posted in February, according to a widely read survey published on Tuesday.

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Deutsche Bank slashes Genuit target price by a fifth

26th May 2026 10:21

(Sharecast News) - Deutsche Bank has slashed its target price for plastic piping systems Genuit by nearly 20% amid a "challenging environment" for the plastic piping manufacturer, but said that self-help measures have mitigated downside risk to forecasts.

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Berenberg cuts AutoTrader target price, cites lack of near-term catalysts

26th May 2026 09:37

(Sharecast News) - Berenberg has cut its target price for new and used car sales platform company AutoTrader, saying that the stock is cheap but lacking any near-term catalysts to take the shares higher.

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CVS announces £50m buyback, refinancing and Australian acquisition

26th May 2026 09:35

(Sharecast News) - Veterinary services provider CVS Group said on Tuesday that it has successfully refinanced its bank debt facilities, as it announced the launch of a £50m share buyback and the acquisition of a small animal practice in Australia.

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Calnex reports higher annual revenue, profit

26th May 2026 09:30

(Sharecast News) - Calnex Solutions reported higher annual revenue and profit, as growth in newer markets helped support its strategy to reduce reliance on traditional telecoms customers.

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Asia report: Kospi reaches fresh record on mixed day for markets

26th May 2026 09:29

(Sharecast News) - Asia-Pacific markets were mixed on Tuesday as South Korea's Kospi hit a fresh record after reopening from a public holiday, while Japanese shares pulled back after the Nikkei 225 briefly crossed 65,000 for the first time on Monday.

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Kefi on track at Tulu Kapi, updates Main Market move plans

26th May 2026 09:23

(Sharecast News) - Kefi Gold and Copper said on Tuesday that Stifel had been appointed as financial adviser and joint broker, and would act as sponsor for the company's planned move to the Main Market of the London Stock Exchange.

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