News Archive

Truetide pre-tax loss narrows sharply

1st Jul 2026 12:41

(Sharecast News) - Truetide said on Wednesday that its full-year pre-tax loss narrowed sharply as costs were reduced and portfolio disposals generated gains, while the investment company highlighted progress across several holdings.

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Goldplat flags forecast-busting full-year results

1st Jul 2026 12:39

(Sharecast News) - Goldplat said on Wednesday that it expected results for the year ending 30 June to materially exceed market expectations, supported by continued high gold prices and strong volumes.

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US mortgage applications unchanged in last week of June

1st Jul 2026 12:26

(Sharecast News) - US mortgage applications were unchanged in the week ended 26 June, according to the Mortgage Bankers Association of America.

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Eurozone inflation cools to 2.8% in surprise June fall

1st Jul 2026 12:22

(Sharecast News) - Eurozone inflation fell more than expected in June, driven by a sharp decline in energy costs and marking the first significant cooling of consumer prices across the single-currency bloc since January, according to official data published on Wednesday.

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Segro agrees £3bn UK logistics JV with institutional investor

1st Jul 2026 12:11

(Sharecast News) - Segro confirmed on Wednesday that it has agreed heads of terms for the formation of a new UK logistics joint venture with a "major" international institutional investor.

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National Grid invests $1.75bn in US data centre power provider Joulent

1st Jul 2026 12:06

(Sharecast News) - UK utility group National Grid has announced plans to spend $1.75bn on a 35% stake in Joulent, a US power generation company that manages energy for data centres.

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Up to a third of TG Jones stores set to close

1st Jul 2026 11:37

(Sharecast News) - Up to 150 TG Jones stores are set to disappear from the high street, it was confirmed on Wednesday, after the high court approved a major restructuring plan.

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Europe midday: Shares mixed on stalled US-Iran talks' EZ inflation falls

1st Jul 2026 11:09

(Sharecast News) - European bourses were mixed on Wednesday as investors took profits after wrapping the strongest calendar quarter since October 2020 and assessed a sharp fall in eurozone inflation.

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Deutsche Bank upgrades RS Group to 'buy'

1st Jul 2026 11:04

(Sharecast News) - RS Group rallied on Wednesday after Deutsche Bank upgraded the stock to 'buy' from 'hold' and hiked the price target to 775p from 700p as it said the recovery case is strengthening.

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Oriole confirms further gold mineralisation at Mbe deposit

1st Jul 2026 10:52

(Sharecast News) - Oriole Resources said on Wednesday that step-out drilling had confirmed further gold mineralisation at the MB01-S deposit at its 50%-owned Mbe project in Cameroon, supporting the potential for an increase in the current resource estimate.

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Amcomri sells tape maker Premier Limpet for £10.1m

1st Jul 2026 10:38

(Sharecast News) - Amcomri Group has completed the sale of adhesive tape manufacturer Premier Limpet to Dalpo Group UK for an initial consideration of £10.1m, generating net cash proceeds of about £7m after debt repayment.

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Seeing Machines on track to refinance convertible note

1st Jul 2026 10:32

(Sharecast News) - Seeing Machines said on Wednesday that it remained on track to refinance its convertible note well before its 4 October 2026 maturity date.

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Supreme profits fall despite record full-year revenue

1st Jul 2026 10:30

(Sharecast News) - Supreme reported record full-year revenue on Wednesday, after acquisitions and growth in its vaping division, although profits fell as gross margins narrowed.

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Frasers to sell stake in Sports Direct Malaysia

1st Jul 2026 10:30

(Sharecast News) - Frasers Group is to offload its entire interest in Sports Direct Malaysia in a $150m deal, it was announced on Wednesday.

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London midday: FTSE stays down amid doubts over US-Iran peace talks

1st Jul 2026 10:28

(Sharecast News) - London stocks were still weaker by midday on Wednesday amid doubts over peace talks between the US and Iran, as investors mulled the latest reading on the UK manufacturing sector.

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