News Archive
Europe close: Stocks fall on oil price rise, tech sentiment
29th Jul 2026 15:17
(Sharecast News) - European shares closed mostly lower on Wednesday after a surprise Iranian attack on US military targets in the Gulf sent oil prices sharply higher, while another heavy technology sell-off in Asia weighed on sentiment.
Read moreDeutsche Bank reports stronger-than-expected second quarter
29th Jul 2026 15:14
(Sharecast News) - Deutsche Bank reported a stronger-than-expected second quarter on Wednesday, with net profit attributable to shareholders rising 10% to €1.64bn and pre-tax profit increasing 11% to €2.68bn.
Read moreDanone sales growth beats forecasts despite China slowdown
29th Jul 2026 15:10
(Sharecast News) - Danone reported second-quarter like-for-like sales growth of 4.2% on Wednesday, ahead of expectations for 3.7%, as stronger pricing and a recovery in specialised nutrition offset a sharp slowdown in China.
Read moreFTSE 100 movers: Weir surges on results; Aberdeen slumps
29th Jul 2026 14:58
(Sharecast News) - London's FTSE 100 was 0.3% higher at 10,902.29 in afternoon trade on Wednesday.
Read moreDirector dealings: SRT Marine's Oliver Plunkett raises stake
29th Jul 2026 14:57
(Sharecast News) - SRT Marine Systems revealed on Wednesday that non-executive director Oliver Plunkett had acquired 190,456 ordinary shares in the AIM-listed maritime surveillance systems provider.
Read moreCMA to investigate Microsoft over marketing of subscription plans
29th Jul 2026 14:48
(Sharecast News) - The Competition and Markets Authority said on Wednesday that it has launched an investigation into Microsoft on concerns it may have misled customers about the cost of Microsoft 365 subscriptions.
Read moreVF Corp shares plunge despite revenue beat, guidance upgrade
29th Jul 2026 14:45
(Sharecast News) - Shares in VF Corp dropped sharply in New York on Wednesday despite the outdoor and activewear brand owner lifting full-year guidance after a strong first quarter, with investors reacting to a weak trading performance at Vans and the exit of its chief financial officer.
Read moreBroker tips: AB Dynamics, Diageo
29th Jul 2026 14:33
(Sharecast News) - Analysts at Berenberg lowered their target price for AB Dynamics to 1,700p on Wednesday, down from 2,060p, citing a more challenging automotive industry environment and lengthening procurement cycles that have delayed FY26 revenues.
Read moreUS open: Stocks lower as oil surges, traders await Fed decision
29th Jul 2026 14:01
(Sharecast News) - Major indices were in the red at the open on Wednesday as traders weighed rising oil prices and awaited the Federal Reserve's latest interest rate decision.
Read moreDeutsche Bank downgrades Diageo to 'hold' after outperformance
29th Jul 2026 14:01
(Sharecast News) - Deutsche Bank downgraded drinks maker Diageo on Wednesday to 'hold' from 'buy' following its outperformance.
Read moreBMW eyeing 8,000 job cuts in Germany, report says
29th Jul 2026 13:50
(Sharecast News) - BMW is reportedly planning to offer nearly half of its entire German workforce voluntary redundancy as it looks to eliminate 8,000 jobs by the end of next year.
Read moreChapel Down hails progress across all channels as H1 revenue rises
29th Jul 2026 13:03
(Sharecast News) - English winemaker Chapel Down reported a rise in first-half sales on Wednesday as it expressed confidence in meeting market expectations for the full year.
Read moreThursday preview: BoE policy announcement, Lloyds results in focus
29th Jul 2026 12:24
(Sharecast News) - On Thursday, investors will eye the latest policy announcement from the Bank of England, as well as half-year results from Lloyds Banking Group, Mondi, Rentokil, LSEG, BAE Systems, Rolls-Royce and Drax, and second-quarter numbers from Shell.
Read moreP&G warns on slower FY27 growth as margins fall, Q4 sales miss
29th Jul 2026 12:16
(Sharecast News) - Consumer goods giant Procter & Gamble warned of slower growth in the year ahead, as uneven demand across several categories and a tough consumer backdrop weighed on its latest quarterly performance.
Read moreHermès shares tumble as revenue growth fails to impress
29th Jul 2026 12:11
(Sharecast News) - Hermès shares slumped on Wednesday as the luxury group's first-half revenue growth disappointed investors, despite resilient demand for its leather goods and strong profitability.
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