News Archive

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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US pre-open: Futures lower ahead of Warsh speech

1st Jul 2026 10:17

(Sharecast News) - Wall Street futures were in the red ahead of the open on Wednesday after major indices wrapped up a strong first‑half performance a day earlier.

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AB Dynamics finds new group CFO internally

1st Jul 2026 10:06

(Sharecast News) - AB Dynamics announced the appointment of Edward Haycock as group chief financial officer on Wednesday, with his board appointment as group finance director to take effect on 1 September.

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Asia report: Markets mixed after fresh dump of regional data

1st Jul 2026 10:04

(Sharecast News) - Asia-Pacific markets closed mixed on Wednesday after a positive session on Wall Street overnight, while oil prices fell back after gains during US trading hours.

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Nike revenue flat, China weakness offsets earnings beat

1st Jul 2026 10:01

(Sharecast News) - Nike reported a flat full-year revenue performance overnight on Wednesday, and warned that its turnaround would remain uneven, as weakness in China and pressure on sportswear demand offset a fourth-quarter earnings beat.

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Asos sells Atlanta warehouse, shares spark

1st Jul 2026 09:45

(Sharecast News) - Asos shares shot higher on Wednesday after the online fashion retailer completed the sale of a fulfilment centre in Atlanta that was no longer in operation.

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Distribution Finance Capital renews guarantee facility

1st Jul 2026 09:13

(Sharecast News) - Manufacturing sector lender Distribution Finance Capital Holdings (DFCH) announced on Wednesday that it has entered into a new ENABLE Guarantee facility with the British Business Bank worth up to £350m.

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US regulator rejects Galderma filler treatment, shares slide

1st Jul 2026 09:12

(Sharecast News) - Shares in Galderma Group sagged on Wednesday, after the US Food and Drug Administration rejected the Swiss firm's Botox rival.

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UK manufacturing growth revised lower in June

1st Jul 2026 09:10

(Sharecast News) - Activity across the UK manufacturing sector grew less than initially predicted in June as growth slowed from a four-year high the previous month, according to data out on Wednesday from S&P Global.

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EZ manufacturing output rises again as cost pressures ease

1st Jul 2026 08:51

(Sharecast News) - Eurozone manufacturing activity continued to expand in June as cost pressures eased despite continuing supply difficulties due to the Iran war, according to a widely-read survey published on Wednesday.

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Topps Tiles warns on profits, shares slide

1st Jul 2026 08:21

(Sharecast News) - Topps Tiles warned on profits on Wednesday, sending shares in the retailer sharply lower, after soaring temperatures compounded already tough market conditions.

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Greggs CFO Richard Hutton to retire

1st Jul 2026 08:17

(Sharecast News) - Greggs said on Wednesday that chief financial officer Richard Hutton plans to retire and step down from the board at the end of the year after 28 years with the company.

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Bytes Technology names Gavin Rochussen as chair-designate

1st Jul 2026 08:16

(Sharecast News) - Software and security firm Bytes Technology Group said on Wednesday that Gavin Rochussen has been appointed as an independent non‑executive director and chair‑designate, with effect from 10 July.

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