News Archive
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.
Read moreSaba 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.
Read moreEurope 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.
Read moreInchcape 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.
Read moreLondon 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.
Read moreGovernment borrowing overshoots expectations in April
22nd May 2026 08:05
(Sharecast News) - The UK government borrowed more than expected in April, according to data released on Friday by the Office for National Statistics.
Read moreUK retail sales slide in April
22nd May 2026 07:57
(Sharecast News) - UK retail sales fell more than expected in April, with drivers conserving fuel amid rising prices, according to figures released on Friday by the Office for National Statistics.
Read moreSoftcat lifts full-year profit outlook
22nd May 2026 07:49
(Sharecast News) - Softcat lifted its full-year profit outlook on Friday, saying it continued to perform well in the third quarter, delivering strong double-digit year-on-year growth in gross profit and underlying operating profit.
Read moreGenuit sees FY at lower end of forecasts amid weak markets, shares fall
22nd May 2026 07:46
(Sharecast News) - Shares in Genuit fell on Friday as the pipe maker said it expected annual operating profit to be at the lower end of estimates after revenues fell in the first four months of the year amid tough markets and uncertainty due to the Iran war.
Read moreLondon pre-open: FTSE seen up amid US-Iran peace hopes; UK retail sales, borrowing in focus
22nd May 2026 07:42
(Sharecast News) - London stocks were set to rise at the open on Friday amid renewed hopes of a peace deal between the US and Iran.
Read moreGames Workshop sees higher profit, sales but lower licensing revenue
22nd May 2026 07:29
(Sharecast News) - Warhammer maker Games Workshop on Friday said it expected higher revenue and profits in the year to May, but licensing revenue would likely be lower.
Read moreIMAX said to be exploring sale, shares surge
22nd May 2026 07:29
(Sharecast News) - IMAX shares surged on Friday following a report the cinema firm is exploring a sale and has approached entertainment companies as potential buyers.
Read moreGerman Q1 GDP growth confirmed at 0.3%; GfK index rebounds
22nd May 2026 07:17
(Sharecast News) - The German economy grew by 0.3% in the first quarter of 2026 compared with the previous three months, according to official data published on Friday, confirming a flash estimate.
Read moreFriday newspaper round-up: Cancelled govt projects, oil and gas tax raid, recession risk
22nd May 2026 07:14
(Sharecast News) - Cancelled government projects such as the Rwanda deportation scheme and the road tunnel under Stonehenge are wasting billions of pounds of taxpayer money a year, parliament's spending watchdog has found. About £6.6bn was written off by government departments last year alone - state spending that did not achieve its intended objectives or create any value for the taxpayer, the public accounts committee said. - Guardian
Read moreUS close: Dow hits record high as oil prices fall, but gains limited
21st May 2026 22:33
(Sharecast News) - US stocks saw moderate gains on Thursday, but that was enough to send the Dow Jones Industrial Average to its highest-ever closing level, as oil prices retreated on the back of tentative hopes of a possible peace deal between Washington and Tehran.
Read more