News Archive

Rentokil Initial unveils new North America CEO

21st May 2026 10:37

(Sharecast News) - Rentokil Initial has named Rafael Carrasco as chief executive of its North American operations, it was confirmed on Thursday.

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Zigup flags full-year profit at top end of expectations

21st May 2026 10:31

(Sharecast News) - Zigup said in an update on Thursday that it expected full-year profit to be at the top of market expectations after a strong end to the 2026 financial year, supported by growth in vehicles on hire in Spain and the UK and Ireland.

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Close Brothers on track despite extra motor finance redress provision

21st May 2026 10:29

(Sharecast News) - Close Brothers said on Thursday that it delivered a solid third-quarter performance, with resilient lending profitability and a strong capital position despite taking an additional provision for motor finance commissions.

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Asia report: Markets mixed on renewed optimism for US-Iran deal

21st May 2026 10:25

(Sharecast News) - Asia-Pacific markets mostly rose on Thursday, tracking gains on Wall Street, as optimism over a potential Middle East peace deal lifted sentiment despite continued disruption around the Strait of Hormuz.

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Earnings, net assets jump at GPE after record leasing year

21st May 2026 10:25

(Sharecast News) - Great Portland Estates reported a sharp rise in annual earnings and net assets after a record leasing year, asset sales above book value and further progress across its development pipeline.

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Autotrader reports higher revenue and profit, more challenging end to year

21st May 2026 10:20

(Sharecast News) - Autotrader reported higher full-year revenue and profit and announced plans to return about £600m to shareholders in 2027 on Thursday, although shares were sliding on a more challenging end to the year and retailer concerns over its Deal Builder rollout.

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Convatec maintains guidance, shares slide on InnovaMatrix headwinds

21st May 2026 10:16

(Sharecast News) - Convatec shares fell on Thursday despite the company saying it had made a good start to 2026, with broad-based growth across its chronic care categories and full-year guidance unchanged.

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The Works lifts full-year profit outlook, shares spark

21st May 2026 10:12

(Sharecast News) - Shares in The Works surged on Thursday after the retailer said full-year profit was set to be ahead of market expectations and reported a rise in revenue, outperforming the broader non-food UK retail market.

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US pre-open: Futures pull back as Nvidia results underwhelm

21st May 2026 09:52

(Sharecast News) - US stock markets were expected to retreat slightly on Thursday following strong gains the previous session, as markets gave Nvidia's blockbuster first-quarter earnings report a lukewarm reaction.

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Eurozone construction rebounds in March, but outlook uncertain

21st May 2026 09:52

(Sharecast News) - Construction output across the eurozone bounced back in March after two consecutive months of declines, powered by a strong increase in civil engineering works, though activity is likely to have come under increased pressure in recent months as a result of uncertainty caused by the Iran war.

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Eurozone economy falters as US-Iran war drags on

21st May 2026 09:41

(Sharecast News) - The Eurozone downturn deepened in May, a closely-watched survey showed on Thursday, as the war in the Middle East ramped up inflationary pressures.

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Pakistan steps up diplomatic efforts to hasten US-Iran peace talks - report

21st May 2026 09:34

(Sharecast News) - Pakistan is reportedly stepping up its diplomatic efforts to hasten peace talks between the US and Iran, after Tehran said it was reviewing the latest responses from Washington, and as Donald Trump suggested he could wait a few days for "the right answers".

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AJ Bell lifts full-year outlook after 'excellent' first half

21st May 2026 09:11

(Sharecast News) - Investment platform AJ Bell lifted its full-year outlook on Thursday as it hailed an "excellent" first-half performance, with record customer growth.

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Countdown to $1.75trn SpaceX IPO underway

21st May 2026 09:04

(Sharecast News) - Elon Musk's SpaceX has confirmed plans to debut on Nasdaq in what is set to be the largest ever initial public offering.

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Qinetiq shares surge on order intake record, buyback extension

21st May 2026 09:01

(Sharecast News) - Shares in Qinetiq surged on Thursday as the UK defence company reported a big jump in its order book and extended its share buyback programme by £200m.

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