News Archive

Higher fee-related earnings, fundraising underpin growth at ICG

21st May 2026 08:54

(Sharecast News) - ICG reported a strong set of annual results on Thursday, with higher fee-related earnings, increased fundraising and a 16th consecutive rise in its ordinary dividend.

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Sage lifts guidance after H1 revenue growth tops estimates

21st May 2026 08:48

(Sharecast News) - Shares in Sage dipped on Thursday despite the enterprise software group raising its full-year outlook slightly after a stronger-than-expected first half, with both revenues and profits growing at double-digit rates.

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Mitchells & Butlers shares slump as sales slow in Q2

21st May 2026 08:32

(Sharecast News) - Shares in pub operator Mitchells & Butlers slumped on Thursday as it reported a slowdown in second quarter sales as consumers reined in spending.

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London open: FTSE dips amid raft of corporate releases

21st May 2026 08:15

(Sharecast News) - London stocks dipped in early trade on Thursday following strong gains in the previous session, as investors mulled the latest results from US chip giant Nvidia and waded through a raft of UK corporate releases.

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Europe open: Shares down as Nvidia Q1 fails to lift mood

21st May 2026 08:04

(Sharecast News) - European shares opened lower on Thursday as even record earnings from Wall Street darling Nvidia failed to lift sentiment.

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Tate & Lyle posts FY loss, acknowledges 'disappointing' performance

21st May 2026 08:04

(Sharecast News) - Tate & Lyle conceded on Thursday that its full-year performance had been "disappointing" as it posted a drop in profit and revenue amid "muted" market demand.

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Smiths cuts guidance as Middle East disruption hits home

21st May 2026 07:50

(Sharecast News) - Smiths Group cut full-year guidance on Thursday, as the conflict in the Middle East weighed on trading.

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EasyJet posts widening of first-half losses, in line with guidance

21st May 2026 07:47

(Sharecast News) - Budget airline easyJet reported a widening of its first-half losses on Thursday, in line with guidance, as it said its performance so far in the second half has been hit by higher fuel costs due to the Middle East conflict, and lower forward visibility.

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Ibstock upbeat despite challenging Q1 as momentum picks up

21st May 2026 07:39

(Sharecast News) - Clay bricks and concrete building products manufacturer Ibstock said it still expects to meet market forecasts despite a weak start to the year, with trading momentum picking up in recent months.

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Nvidia smashed Q1 forecasts as data centres drive AI chip boom

21st May 2026 07:39

(Sharecast News) - Computer chip giant Nvidia smashed first-quarter earnings and revenue expectations powered by continuing demand from artificial intelligence data centres.

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London pre-open: Stocks to dip amid slew of corporate news; Nvidia in focus

21st May 2026 07:33

(Sharecast News) - London stocks were set to dip at the open on Thursday following strong gains in the previous session, as investors mulled the latest results from US chip giant Nvidia and a slew of UK corporate releases.

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Thursday newspaper round-up: Jeff Bezos, JLR, OpenAI

21st May 2026 07:15

(Sharecast News) - Rachel Reeves is to promise free summer bus rides for children and cut tariffs on some food imports, as part of a package of measures aimed at easing the costs of the Iran conflict. The chancellor will give a statement in the House of Commons on Thursday, outlining her latest plans for cushioning the blow to consumers from an expected rise in inflation later this year. - Guardian

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Friday preview: UK retail sales in focus amid quiet corporate calendar

21st May 2026 07:10

(Sharecast News) - There are no FTSE 350 corporate releases scheduled for Friday, but on the macro front, investors will turn their attention to public sector net borrowing figures and retail sales data for April.

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Edinburgh Investment Trust reports positive returns, raises dividend

21st May 2026 07:09

(Sharecast News) - Edinburgh Investment Trust reported positive annual returns and raised its dividend by 11.1% on Thursday, although it underperformed the wider UK equity market after a difficult year for parts of its portfolio.

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M&A drives rental income growth at LondonMetric, but profits fall

21st May 2026 07:03

(Sharecast News) - Commercial real estate investment trust LondonMetric Property reported a double-digit increase in rental income during the fiscal year ended 31 March, helped by last year's acquisition of Urban Logistics REIT, though statutory profits dropped.

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