News Archive

US mortgage applications edge higher after recent slump

7th Jan 2026 12:22

(Sharecast News) - Mortgage applications across the US inched higher last week following recent falls as long-term mortgage rates dropped to their lowest in 15 months.

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US factory orders fall more than expected in October

7th Jan 2026 11:55

(Sharecast News) - US new orders for manufactured goods fell more than expected in October after two consecutive monthly increases, according to official data published on Wednesday.

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US job openings fall more than expected in November

7th Jan 2026 11:51

(Sharecast News) - US job openings fell more than expected in November, according to figures released on Wednesday by the Bureau of Labor Statistics.

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Europe midday: Trump threats over Greenland put brakes on rally

7th Jan 2026 11:10

(Sharecast News) - European shares hit more intra-day highs but were flat by midday as geopolitical tensions, including US President Donald Trump's renewed threats to annexe Greenland, hit sentiment.

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Citi starts coverage of Playtech at 'buy'

7th Jan 2026 11:02

(Sharecast News) - Citi initiated coverage of Playtech on Wednesday at 'buy' with a 355p price target, which it said implies around 34% upside.

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London midday: Stocks stay down as miners, oil giants retreat; US data eyed

7th Jan 2026 10:59

(Sharecast News) - London stocks were still in the red by midday on Wednesday following a record close the previous day, with miners and oil giants under the cosh, as investors eyed the latest ADP and JOLTS reports ahead of Friday's non-farm payrolls.

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Eurozone inflation falls to 2% in December

7th Jan 2026 10:44

(Sharecast News) - Eurozone inflation fell to 2% last month, in line with forecasts and the European Central Bank's target rate, according to official data published on Wednesday.

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Jefferies flags downside risks for Unilever, stays at 'underperform'

7th Jan 2026 10:37

(Sharecast News) - Jefferies has reiterated an 'underperform' rating for Unilever ahead of the consumer products group's fourth-quarter results amid "persistent concerns" surrounding the business.

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Berenberg upgrades Vodafone to 'buy', shares spark

7th Jan 2026 10:22

(Sharecast News) - Berenberg upgraded Vodafone on Wednesday to 'buy' from 'hold' and lifted the price target to 119p from 82p as it highlighted the potential for free cash flow growth and a strong balance sheet.

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Thursday preview: Marks & Spencer, Tesco updates in focus

7th Jan 2026 09:58

(Sharecast News) - Thursday is a big day for UK retailers, with both Marks & Spencer and Tesco due to publish updates, alongside bakery chain Greggs.

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ISS recommends Edinburgh Worldwide shareholders reject Saba's resolutions

7th Jan 2026 09:39

(Sharecast News) - Edinburgh Worldwide Investment Trust said on Wednesday that independent voting adviser ISS has recommended that shareholders vote against all of Saba Capital Management's resolutions at the general meeting on 20 January.

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UK construction downturn eases, but remains near five-year low

7th Jan 2026 09:13

(Sharecast News) - The UK construction downturn eased slightly in December, though the sector still experienced sharp falls in housing, commercial and civil engineering activity, according to data out on Wednesday from S&P Global.

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Galantas snaps up Chilean gold project, shares glitter

7th Jan 2026 09:06

(Sharecast News) - Shares in Galantas Gold Corporation soared nearly 200% on Wednesday, after the Canadian miner struck a deal to buy a major gold project in central Chile.

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Asia report: Markets mixed as oil prices soften

7th Jan 2026 09:01

(Sharecast News) - Asia-Pacific markets traded mixed on Wednesday, with defence stocks pulling back after a two-day rally as investors appeared to look past the recent US attack on Venezuela and reassessed broader geopolitical risks.

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Eurozone construction strengthens as Germany returns to growth

7th Jan 2026 08:44

(Sharecast News) - The Eurozone's hard-pressed construction sector strengthened marginally in December, official data showed on Wednesday, following renewed growth in Germany.

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