News Archive

London open: FTSE gains on Hormuz reopening hopes, amid earnings deluge

6th Aug 2026 08:06

(Sharecast News) - London stocks edged higher in early trade on Thursday amid hopes of a US-Iran deal to reopen the Strait of Hormuz, as investors waded through a deluge of corporate releases.

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Persimmon sees FY completions at upper end of guidance, warns over inflationary pressures

6th Aug 2026 08:04

(Sharecast News) - Housebuilder Persimmon said on Thursday that full-year completions were set to be at the upper end of guidance, as it reported a rise in first-half profit and completions but warned over inflationary pressures.

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Europe open: Shares nudge towards record on Wall St, Hormuz hopes

6th Aug 2026 07:55

(Sharecast News) - European shares edged towards record territory again on Thursday after a mixed Wall Street performance overnight, as investors weighed rising optimism about a US-Iran deal with poor jobs data.

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German factory orders rise in June, but May data revised sharply lower

6th Aug 2026 07:41

(Sharecast News) - German industrial orders rose in June driven by a surge in large scale orders and helped by a downwards revision to May's readout.

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Retail footfall drops again in July, hot weather hits high streets

6th Aug 2026 07:36

(Sharecast News) - UK retail footfall fell in July, albeit less than in June, with high streets still the worst performers as the hot weather continued, according to data released on Friday by the British Retail Consortium.

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London pre-open: Stocks to nudge up amid Hormuz reopening hopes

6th Aug 2026 07:34

(Sharecast News) - London stocks were set to nudge higher at the open on Thursday amid hopes of a US-Iran deal to reopen the Strait of Hormuz.

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Thursday newspaper round-up: AI models, bank taxes, AstraZeneca

6th Aug 2026 07:24

(Sharecast News) - Advanced artificial intelligence models have stunned the UK's AI Security Institute (AISI) by carrying out a hacking campaign against real people during a cybersecurity test. The institute said the incident was unprecedented and involved sending targeted emails to software developers in an attempt to pass a cyber challenge. - Guardian

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Wizz Air profits slump on higher fuel prices

6th Aug 2026 07:14

(Sharecast News) - Wizz Air reported a sharp drop in first‑quarter profits as a 39% surge in fuel costs due to the Iran war offset strong passenger and capacity growth.

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Admiral shares rise despite H1 profit decline

6th Aug 2026 07:11

(Sharecast News) - Insurance giant Admiral Group posted a sharp drop in first‑half profits on Thursday, with both pre-tax earnings and earnings per share dropping 18% year-on-year, reflecting lower earned premiums in UK Motor after last year's rate cuts and higher quota‑share reinsurance charges

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US close: Markets mixed but Dow still hits new record

5th Aug 2026 23:36

(Sharecast News) - Wall Street stocks were mixed on Wednesday, with the Dow hitting another all-time high but the S&P 500 and Nasdaq erasing earlier gains to finish lower, as investors weighed rising optimism about a US-Iran deal with poor jobs data.

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Bodycote confirms takeover approaches from CVC, Veritas Capital

5th Aug 2026 16:27

(Sharecast News) - Bodycote surged on Wednesday as the provider of heat treatment and specialist metallurgical technologies confirmed it had received takeover offers from private equity firms CVC and Veritas Capital.

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Europe close: Stocks mixed amid US-Iran uncertainty

5th Aug 2026 16:17

(Sharecast News) - European stock markets finished in mixed fashion on Wednesday, with many indices teetering at record highs as investors awaited signs of tangible progress in US-Iran peace talks.

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US open: Stocks hit fresh highs as earnings strength fuels ongoing rally

5th Aug 2026 15:20

(Sharecast News) - Both the S&P 500 and Dow Jones pushed to fresh record highs on Wednesday morning, extending their recent rally as investors digested another round of upbeat earnings and grew more optimistic about a near‑term reopening of the Strait of Hormuz.

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Shawbrook reiterates maiden dividend plans as H1 profits, loan book grow

5th Aug 2026 15:18

(Sharecast News) - Shawbrook reported double-digit profit and loan-book growth in the first half on Wednesday, as the specialist lender reiterated its plans to pay its maiden ordinary dividend for this year.

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RBC Capital downgrades Rotork to 'sector perform'

5th Aug 2026 15:07

(Sharecast News) - RBC Capital Markets downgraded Rotork on Wednesday to 'sector perform' from 'outperform' as it suggested that Swiss engineering firm ABB may be paying too little for the company.

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