News Archive

Asia report: Markets mixed on tech sentiment, Fed rate hold

30th Jul 2026 10:10

(Sharecast News) - Asia-Pacific markets closed mixed on Thursday as investors assessed the latest Big Tech earnings, the Federal Reserve's decision to leave interest rates unchanged and renewed hostilities in the Middle East.

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Vesuvius reports higher revenue, flat trading profit

30th Jul 2026 10:10

(Sharecast News) - Vesuvius reported first-half revenue of £913.7m on an adjusted basis on Thursday, up 1.5% at constant currencies, while trading profit was broadly flat at £74.0m as operational problems in its Steel division offset pricing gains and cost savings.

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Rentokil ditches North American margin target, shares tumble

30th Jul 2026 10:09

(Sharecast News) - Rentokil Initial tumbled on Thursday after the pest control firm ditched its margin target for North America and said it had seen some weakness in residential lead flow in the region towards the end of the second quarter and into July.

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Oral health drives first-half growth at Haleon

30th Jul 2026 10:05

(Sharecast News) - Haleon reported first-half revenue of £5.60bn on Thursday, up 2.2% on a reported basis and 2.6% organically, with second-quarter organic growth improving to 3.1% as North America strengthened.

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British American Tobacco revenue inches higher, reported profit falls

30th Jul 2026 10:02

(Sharecast News) - British American Tobacco reported first-half revenue of £12.24bn on Thursday, up 1.4% on a reported basis and 2.9% at constant currencies, as growth in the US and new categories offset weaker performance in Asia-Pacific, Middle East and Africa.

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Schroders profits jump in first half

30th Jul 2026 09:58

(Sharecast News) - Schroders reported a 46% rise in first-half adjusted operating profit to £459.8m on Thursday, as higher assets under management and cost savings improved operating leverage.

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Microsoft Q4 revenues beat forecasts as Azure growth accelerates

30th Jul 2026 09:42

(Sharecast News) - Software giant Microsoft shares ticked higher in after‑hours trade on Wednesday as it posted another strong quarter and set out plans for steady capital spending through 2026.

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Drax profits fall on weak UK power prices

30th Jul 2026 09:02

(Sharecast News) - Energy supplier Drax reported a 39% fall in first‑half profit, reflecting weaker UK power prices and lower generation margins. The group said market conditions remained challenging through the period, with reduced volatility and lower captured prices weighing on earnings.

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Informa lifts FY guidance as H1 growth strengthens

30th Jul 2026 08:55

(Sharecast News) - Publishing and exhibitions group Informa posted a solid first‑half performance on Thursday, delivering broad‑based underlying growth and reaffirming its full‑year guidance, with strong momentum across business-to-business live events and academic markets.

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Oakley Capital reports NAV of 782p

30th Jul 2026 08:52

(Sharecast News) - Oakley Capital Investments said net asset value per share was 782p, with total NAV of £1.289bn at June 30. Total NAV return per share was 6.0%, or 6.5% excluding foreign‑exchange effects.

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Hammerson lifts guidance, raises £190m to fund Manchester Arndale deal

30th Jul 2026 08:37

(Sharecast News) - Retail property investor Hammerson raised its full-year earnings guidance on Thursday after reporting strong first-half rental and underlying earnings growth, as the property group unveiled plans to raise around £190m to help fund the acquisition of a 50% stake in Manchester Arndale.

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Earnings rise as Endeavour Mining reports record free cash flow

30th Jul 2026 08:36

(Sharecast News) - Endeavour Mining reported a 38% rise in first-half adjusted EBITDA to $1.61bn and record free cash flow of $761m on Thursday, as higher gold prices more than offset lower production and increased costs.

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Berenberg upgrades Rio Tinto to 'buy'

30th Jul 2026 08:25

(Sharecast News) - Analysts at Berenberg lifted their stance on Rio Tinto to 'buy' from 'hold' on Thursday and raised their target price on the stock to 8,600p from 8,100p, arguing that investors have a tactical opportunity to rotate out of BHP after its strong year‑to‑date run.

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London open: FTSE edges up as Rolls-Royce, BAE upgrade guidance; BoE in focus

30th Jul 2026 08:17

(Sharecast News) - London stocks ticked up in early trade on Thursday despite heavy losses on Wall Street, as guidance upgrades from Rolls-Royce and BAE Systems and a well-received update from Shell lent a hand, with all eyes on the upcoming Bank of England policy announcement.

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LSEG lifts FY guidance after record first half

30th Jul 2026 08:13

(Sharecast News) - London Stock Exchange Group lifted its full-year guidance on Thursday as it hailed a record first-half performance and an "exceptional" performance from the markets businesses.

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