News Archive

Accel-KKR to buy Eleco in £206.7m deal

10th Sep 2026 13:18

(Sharecast News) - Construction software provider Eleco has agreed to be taken over by private equity firm Accel-KKR in a £207.6m deal.

Read more

US initial jobless claims dip by 1,000 as labour market holds firm

10th Sep 2026 12:32

(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 5 September, according to the Labor Department, extending recent resilience in the labour market.

Read more

Macy's hikes guidance as turnaround gains pace

10th Sep 2026 12:10

(Sharecast News) - US department store retailer Macy's delivered further signs of progress in its turnaround on Thursday as it posted second‑quarter sales growth across all banners and hiked its full‑year guidance.

Read more

Europe midday: Shares slide into red ahead of ECB rate decision

10th Sep 2026 11:46

(Sharecast News) - European shares gave up gains and were in the red again on Thursday as oil continued to trade above $100 a barrel and traders eyed an expected interest rate hike from the European Central Bank.

Read more

Genus announces £60m buyback as FY profits rise but shares drop on revenue miss

10th Sep 2026 11:26

(Sharecast News) - Animal genetics firm Genus reported a rise in full-year profit on Thursday and announced a £60m share buyback, but shares slumped as revenue missed expectations.

Read more

US pre-open: Futures mixed ahead of key inflation data, oil climbs above $102

10th Sep 2026 11:20

(Sharecast News) - Wall Street futures were mixed ahead of the open on Thursday as market participants patiently awaited the first of two key inflation reports set for release before the end of the week.

Read more

London midday: FTSE turns lower ahead of ECB announcement

10th Sep 2026 11:13

(Sharecast News) - London stocks had turned negative by midday on Thursday as oil prices crept higher again, with Brent crude comfortably above the $100 a barrel level, as investors eyed an expected 25 basis points rate hike by the European Central Bank.

Read more

D'leteren exploring potential listing for Autoglass division Belron

10th Sep 2026 11:07

(Sharecast News) - Shares in D'Ieteren advanced on Thursday after the Belgian investment group said it was exploring options for its windscreen-repair unit, which owns Autoglass, including a potential stock market listing.

Read more

HSBC CFO Pam Kaur to step down in 2027

10th Sep 2026 10:36

(Sharecast News) - HSBC said on Thursday that chief financial officer Pam Kaur plans to step down next year and a search for her successor has begun.

Read more

Boohoo to cut net debt after sale of Sheffield distribution centre

10th Sep 2026 09:59

(Sharecast News) - Boohoo said on Thursday that it has sold its Sheffield distribution centre and reassigned the lease to Primark Stores Limited for £90m in cash - a move that will reduce net debt to a negligible level.

Read more

INPP delivers H1 NAV growth, extends buyback as long‑term contracted revenues support growth

10th Sep 2026 09:56

(Sharecast News) - Infrastructure investment firm International Public Partnerships said on Thursday that it continued to deliver stable performance in its twentieth year since listing, supported by a diversified portfolio of essential infrastructure assets.

Read more

Canaccord Genuity lowers target price on Dunelm

10th Sep 2026 09:52

(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on homewares retailer Dunelm on Thursday, cutting it from 1,240p to 1,185p, although the broker maintained its 'buy' rating as it updated forecasts following the group's new three‑year growth plan.

Read more

Playtech delivers record H1 profit, cautions on weaker H2

10th Sep 2026 08:50

(Sharecast News) - Gambling software developer Playtech warned on Thursday that second‑half earnings will come in lower than the first as key US revenues normalise and higher UK remote gaming duties continues to bite, even as it posted a sharp jump in interim profit and cash flow.

Read more

ECB hikes interest rates, sees inflation staying 'well above target'

10th Sep 2026 08:46

(Sharecast News) - The European Central Bank raised its key interest rate by 25 basis points on Thursday as a result of price pressures triggered by the Middle East conflict, predicting that inflation will remain "well above target" for an extended period.

Read more

Asia report: Stocks lower as oil prices hit highest since May

10th Sep 2026 08:46

(Sharecast News) - Asian stock markets finished mostly lower on Thursday as oil remained firmly above the $100-a-barrel mark and the ongoing Middle East conflict continued to weigh on investor sentiment.

Read more