News Archive

Berenberg upgrades S&U to 'buy' from 'hold' after Q1 update

22nd May 2026 13:47

(Sharecast News) - Berenberg upgraded S&U on Friday to 'buy' from 'hold' and lifted the price target to 2,310p from 2,220p as the bank becomes increasingly positive about the medium-term outlook following the company's first-quarter update this week.

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Europe midday: Stoxx up on German data, Iran peace hopes

22nd May 2026 11:56

(Sharecast News) - European shares were higher as traders assessed economic data from Germany and the latest developments in the US-Iran war.

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London midday: FTSE stays up amid US-Iran peace hopes; UK data in focus

22nd May 2026 11:55

(Sharecast News) - London stocks were still in the black by midday on Friday amid renewed hopes of a peace deal between the US and Iran, as investors mulled a bigger-than-expected drop in UK retail sales and higher-than-expected borrowing figures.

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Europe close: Stocks higher on fresh hopes for US-Iran deal

22nd May 2026 10:59

(Sharecast News) - European shares closed higher on Friday as investors assessed German economic data and the latest developments in the US-Iran war, while oil prices also edged up.

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Asia report: Markets mixed as oil prices rise again

22nd May 2026 10:58

(Sharecast News) - Asia-Pacific markets traded higher on Friday as investors assessed diplomacy around a potential US-Iran peace deal, while gains on Wall Street also supported sentiment after the Dow Jones Industrial Average rose to a record close overnight.

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German business sentiment unexpectedly improves in May - Ifo

22nd May 2026 10:56

(Sharecast News) - German business sentiment unexpectedly improved in May, according to a survey released on Friday by the Ifo Institute.

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EnQuest confident in meeting 2026 production guidance

22nd May 2026 10:49

(Sharecast News) - EnQuest said on Friday that it remained confident of meeting its 2026 production guidance, as the oil and gas producer highlighted operational recovery in the UK and continued growth in South East Asia.

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Mobico issued termination notice by Washington DC's WMATA

22nd May 2026 10:45

(Sharecast News) - Mobico said on Friday that its US subsidiary has been issued a termination notice by the Washington Metropolitan Area Transit Authority to stop operating paratransit services, amid an ongoing legal dispute between the parties.

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JPMorgan highlights buying opportunity in UK utilities

22nd May 2026 10:14

(Sharecast News) - JPMorgan said on Friday that it sees a buying opportunity in UK utilities against a backdrop of political uncertainty.

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US pre-open: Stocks seen up amid US-Iran peace hopes; Estee Lauder surges

22nd May 2026 09:37

(Sharecast News) - US stocks looked set to rise at the open on Friday amid renewed hopes of a peace deal between the US and Iran.

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Puig shares tumble as merger talks with Estee Lauder end

22nd May 2026 09:17

(Sharecast News) - Puig shares tumbled on Friday after the Spanish fashion and beauty company and US cosmetics giant Estee Lauder ended talks about a potential merger.

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Saba seeks to replace all six Workspace non-exec directors

22nd May 2026 08:55

(Sharecast News) - Workspace Group said on Friday that Saba Capital had submitted a revised requisition notice seeking to replace all six of the company's non-executive directors at its 2026 annual general meeting.

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Europe open: Shares up as traders assess German data; Puig slumps

22nd May 2026 08:29

(Sharecast News) - European shares opened higher as traders assessed economic data from Germany and the latest developments in the US-Iran war.

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Inchcape to buy Bulgaria's Silver Star

22nd May 2026 08:20

(Sharecast News) - Automotive distributor Inchcape said on Friday that it has agreed to buy Silver Star, the official distributor of Mercedes-Benz passenger vehicles and Daimler trucks and buses in Bulgaria, for an undisclosed sum.

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London open: FTSE gains amid US-Iran peace hopes; retail sales, borrowing in focus

22nd May 2026 08:12

(Sharecast News) - London stocks rose in early trade on Friday amid renewed hopes of a peace deal between the US and Iran, as investors mulled a bigger-than-expected drop in UK retail sales and higher-than-expected borrowing figures.

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