News Archive

Canaccord Genuity lowers On the Beach target price

25th Sep 2026 10:48

(Sharecast News) - Canaccord Genuity cut its target price for On the Beach from 240p to 220p on Friday after the group's FY26 trading update, saying reduced FY27 guidance and a still‑fragile consumer backdrop limited upside despite a stronger finish to the year.

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US pre-open: Futures higher despite Treasury yields hitting fresh highs

25th Sep 2026 10:47

(Sharecast News) - Wall Street futures were in the green ahead of the opening bell on Friday despite Treasury yields continuing on their upward climb.

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London midday: FTSE maintains gains as oil prices ease off highs

25th Sep 2026 10:18

(Sharecast News) - London stocks were still firmer by midday on Friday, after data from GfK showed a surprise improvement in British consumer sentiment and as oil prices came off recent highs.

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ArcelorMittal takes $1bn hit, keeps Ukraine plant shut after missile strikes

25th Sep 2026 10:02

(Sharecast News) - ArcelorMittal said on Friday that it was unable to safely restart operations at its Kryvyi Rih steel plant in Ukraine after four missile strikes over the past five weeks, and expects to book a non-cash impairment charge of around $1bn.

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Shares in Nanexa soar on €1bn Novo Nordisk deal

25th Sep 2026 09:04

(Sharecast News) - Shares in Nanexa more than doubled on Friday after the loss-making Swedish start-up signed deal worth more than €1bn with Novo Nordisk.

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Berenberg reiterates 'buy' on Cohort

25th Sep 2026 08:55

(Sharecast News) - Analysts at Berenberg said on Friday that Cohort's AGM update on 24 September was reassuring, highlighting continued order‑intake momentum and improving margins across the group's businesses.

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Capita secures new £30m refinancing

25th Sep 2026 08:08

(Sharecast News) - Capita said on Friday that it has secured £30m in new financing from Shawbrook, which comprises a £15m revolving credit facility and a £15m term loan.

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Europe open: Shares up on hopes of US-Iran Hormuz talks

25th Sep 2026 07:59

(Sharecast News) - European shares opened sharply higher on Friday on reports the US and Iran were in talks on a possible phased re-opening of the Strait of Hormuz.

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Bango shares surge as first-half earnings jump

25th Sep 2026 07:56

(Sharecast News) - Shares in Bango jumped over 10% on Friday morning after the subscription bundling and payments platform impressed with its interim results, which showed a strong increase in profits despite relatively subdued revenue growth.

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United Utilities reaffirms FY outlook, submits £1bn resilience plan to Ofwat

25th Sep 2026 07:41

(Sharecast News) - Water firm United Utilities said on Friday that trading remained in line with expectations ahead of its interim results on 12 November, with financial guidance for FY26/27 unchanged and regulatory returns still targeted at 10% to 11% for AMP8.

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Genel trumps DNO with $436m takeover bid for Capricorn Energy

25th Sep 2026 07:34

(Sharecast News) - Capricorn Energy agreed on Friday to be taken over by Genel Energy in a $436m (£330m) deal that trumped a previously-agreed $396m (£292m) takeover by Norwegian oil firm DNO.

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Production, earnings tumble at Ferrexpo

25th Sep 2026 07:29

(Sharecast News) - Ferrexpo posted a slump in both production and revenues on Friday, following another "exceptionally difficult" period for the besieged iron ore specialist.

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London open: FTSE on front foot as oil prices ease

25th Sep 2026 07:28

(Sharecast News) - London stocks rose in early trading on Friday, after data from GfK showed a surprise improvement in British consumer sentiment and oil prices came off recent highs.

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London close: FTSE ends off highs as oil pares losses

25th Sep 2026 07:18

(Sharecast News) - London stocks ended just a touch firmer on Friday, off earlier highs as oil prices pared losses, and as data from GfK showed a surprise improvement in British consumer sentiment.

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Harworth accepts sweetened £632m offer from Peel

25th Sep 2026 07:16

(Sharecast News) - Property developer Harworth Group on Friday said it had accepted a sweetened and final 187p-a-share offer from Peel Holdings, valuing the company at £631.7m.

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