News Archive
FTSE 250 movers: Just Group surges on takeover; RHI Magnesita slides
31st Jul 2025 13:33
(Sharecast News) - FTSE 250 (MCX) 22,015.23 1.10%
Read moreDeutsche Bank downgrades Rio Tinto to 'hold'
31st Jul 2025 12:41
(Sharecast News) - Deutsche Bank downgraded Rio Tinto on Friday to 'hold' from 'buy' and cut the price target to 5,100p from 5,300p following the first-result half results a day earlier and the recent iron ore-led rebound in the shares.
Read morePantheon International appoints new chair
31st Jul 2025 12:28
(Sharecast News) - Pantheon International announced on Thursday that Tony Morgan would become chair of the board from 1 January 2026, succeeding John Singer CBE, who would retire from the role and as a non-executive director at the end of the year.
Read moreSmiths News announces Richard Clay as new finance chief
31st Jul 2025 12:23
(Sharecast News) - Smiths News announced the appointment of Richard Clay as its next chief financial officer on Thursday, with his start date expected no later than 30 January 2026.
Read moreEntain reprices, extends dollar-denominated term loans
31st Jul 2025 12:19
(Sharecast News) - Entain announced the successful repricing and extension of its dollar-denominated term loans on Thursday, in a move that it said would reduce annual interest costs by £10m while extending the maturity profile of its debt.
Read moreCVS Health reports stronger than expected second quarter
31st Jul 2025 12:17
(Sharecast News) - CVS Health reported stronger-than-expected second quarter earnings on Thursday, driven by a recovery in its Aetna insurance unit and growth across its retail pharmacy and pharmacy benefit management operations.
Read moreNewRiver REIT reports strong start to financial year
31st Jul 2025 12:15
(Sharecast News) - NewRiver REIT reported a strong start to the 2026 financial year on Thursday, with in-store consumer spending across its portfolio rising 6.7% year-on-year - well above the national average - and its most active leasing quarter since the pandemic.
Read moreResidential Secure Income reports rise in NTA per share
31st Jul 2025 12:12
(Sharecast News) - Residential Secure Income (ReSI) reported a 2.1% rise in EPRA net tangible assets to 66.4p per share for the quarter ended 30 June on Thursday, reflecting solid rental income growth and sustained high occupancy across its portfolios, as it continued to implement its managed wind-down strategy.
Read moreSDCL Efficiency sells stake in ON Energy
31st Jul 2025 12:07
(Sharecast News) - SDCL Efficiency Income Trust announced on Thursday that it has sold its holding in ON Energy for $7.6m, representing an 18.75% premium to the investment's most recent carrying value and a money-on-invested-capital multiple of 1.63x, as it looked to simplify its portfolio and reduce debt.
Read morePrudential reaches settlement in Malaysian dividend dispute
31st Jul 2025 12:03
(Sharecast News) - Prudential announced on Thursday that it has reached a full and final settlement in its legal dispute with Malaysian firm Detik Ria over dividend claims related to its joint venture in the country, bringing an end to proceedings that sought over $800m in payouts.
Read moreEurope midday: Stoxx gives up gains as traders assess earnings deluge
31st Jul 2025 11:17
(Sharecast News) - European shares were sliding into the red at midday amid another earnings dump as traders assessed the US Federal Reserve's decision to keep rates on hold as inflationary fears loomed and awaited the latest tariff news ahead of Friday's deadline to strike deals with Washington.
Read moreRBC Capital lifts Bodycote price target, reiterates 'overweight'
31st Jul 2025 11:12
(Sharecast News) - RBC Capital Markets lifted its price target on Bodycote on Thursday to 775p from 650p and reiterated its 'outperform' rating following the company's results a day earlier.
Read moreSabre Insurance reports rise in first-half profit
31st Jul 2025 11:12
(Sharecast News) - Sabre Insurance posted a 26% rise in first-half pre-tax profit to £25.5m on Thursday, and doubled its interim dividend, as the motor insurer delivered strong underwriting margins and reaffirmed its trajectory towards long-term profit growth under its 'Ambition 2030' plan.
Read moreChapel Down reports rise in sales, appoints new chair
31st Jul 2025 11:03
(Sharecast News) - Chapel Down Group reported an 11% increase in net sales revenue on Thursday, to £7.9m for the six months ended 30 June, underpinned by strong off-trade performance and growing international sales.
Read moreEurozone unemployment rate holds steady at record low
31st Jul 2025 10:46
(Sharecast News) - The eurozone jobless rate stayed at a record-low rate in June, with the number of young unemployed people across the single-currency region dropping to a two-year low.
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