News Archive

Citi hikes target price on Wizz Air

3rd Jul 2026 07:49

(Sharecast News) - Citi raised its target price on Wizz Air to 1,200p from 1,000p on Friday, but kept its 'neutral/high risk' stance as it cut its near‑term estimates despite lower fuel costs.

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Altitude Group reappoints former CFO as focus turns to US

3rd Jul 2026 07:43

(Sharecast News) - Altitude Group, the AIM-listed tech group which serves the branded merchandise and promotional products industry, has re-appointed its former chief financial officer, with current CFO Drew Whibley set to leave the company after less than a year.

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Harbour Energy founder EIG exits after placing

3rd Jul 2026 07:33

(Sharecast News) - Harbour Energy founder EIG said it had sold its remaining stake in the oil company via a secondary placing of 54.77 million shares to institutional investors through an accelerated bookbuild.

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Berenberg starts Brooks Macdonald at 'buy'

3rd Jul 2026 07:32

(Sharecast News) - Berenberg initiated coverage of Brooks Macdonald with a 'buy' rating and a 1,600p price target on Friday, arguing that the current share price undervalued the group's recovery prospects despite clearer signs of improving net flows.

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London pre-open: Stocks to gain further; quiet session expected as US markets closed

3rd Jul 2026 07:30

(Sharecast News) - London stocks were set to rise at the open on Friday following strong gains in the previous session, as investors continued to mull the weaker-than-expected non-farm payrolls report.

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Friday newspaper round-up: Ineos, EG Group, Hill Group

3rd Jul 2026 07:21

(Sharecast News) - The boss of Currys has said supplies of air conditioning and fans are "tight" ahead of another UK heatwave, expected next week, after a boom in sales sent retailers scrambling to source new stock. Alex Baldock, chief executive of the electrical goods retailer, said cooling kit had been "flying off the shelves" during June's record heat in England. Sales of fans were up nearly 3,000% over the most recent heatwave weekend compared with a week earlier, while air conditioning sales increased 330%. - Guardian

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Week ahead: Jet2 results, Hays trading update due

3rd Jul 2026 07:15

(Sharecast News) - Next week looks set to be pretty quiet as the summer lull sets in, but results from Jet2 and a trading update from recruiter Hays will be among the highlights on the corporate front.

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Craneware results to miss forecasts on revenue delays

3rd Jul 2026 07:14

(Sharecast News) - AIM-listed Craneware has said it expects its full-year results to be below market expectations due to the timing of the 340B drug pricing programme in the US and the deferral of several contracts.

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Craneware results to miss forecasts on revenue delays

3rd Jul 2026 07:14

(Sharecast News) - AIM-listed Craneware has said it expects its full-year results to be below market expectations due to the timing of the 340B drug pricing programme in the US and the deferral of several contracts.

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Tate & Lyle publishes scheme document for Ingredion takeover

3rd Jul 2026 07:14

(Sharecast News) - Food ingredients manufacturer Tate & Lyle said on Friday that the scheme document for its recommended takeover by Ingredion has now been published and sent to shareholders.

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US close: Stocks mixed after weak jobs report, Dow hits new high

2nd Jul 2026 22:57

(Sharecast News) - US stocks finished in a mixed fashion on Thursday ahead of the three-day weekend, with the Dow jumping to a new record and the Nasdaq slipping into the red, as investors weighed a weak jobs report with interest rate projections.

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London close: FTSE 100 hits two-month high on weak US jobs data

2nd Jul 2026 16:48

(Sharecast News) - UK stocks posted strong gains before the close on Thursday, pushing the FTSE 100 to a two-month high as strong US economic data eased concerns about a rate hike by the Federal Reserve.

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Rome Resources upbeat on final assays from latest Kalayi drilling

2nd Jul 2026 16:28

(Sharecast News) - Rome Resources said on Thursday that final assays from its latest drilling campaign at the Kalayi deposit in the DRC supported plans for an updated mineral resource estimate targeted for July.

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James Cropper refinances debt facilities

2nd Jul 2026 16:25

(Sharecast News) - James Cropper announced on Thursday that it has completed a refinancing of its debt facilities, including a new invoice discounting facility of up to £15m committed for at least three years, to give the advanced materials and paper and packaging group greater working capital flexibility.

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Tesla sales smash estimates in second quarter

2nd Jul 2026 15:58

(Sharecast News) - Tesla delivered a record number of vehicles over the April-June period, with sales rising by nearly a quarter after two years of annual sales declines.

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