News Archive

PayPoint trading in line with expectations as revenue falls

29th Jul 2026 09:43

(Sharecast News) - PayPoint reported first-quarter group net revenue of £39.5m on Wednesday, down 6.4% year-on-year, as declines in Network Services, Merchant Services and Love2shop offset growth in Digital Payments and Open Banking.

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Asia report: Markets mixed as tech shares slide further

29th Jul 2026 09:42

(Sharecast News) - Asia-Pacific markets closed mixed on Wednesday as investors monitored a renewed rise in oil prices and awaited the Federal Reserve's latest interest rate decision.

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New charging structure hits St James's Place profits

29th Jul 2026 09:38

(Sharecast News) - St James's Place reported adjusted IFRS pre-tax profit of £278.4m for the first half on Wednesday, down from £307.0m a year earlier, as the impact of its new charging structure offset strong growth in funds under management.

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Sage reiterates full-year outlook as revenue grows

29th Jul 2026 09:35

(Sharecast News) - Sage reported total revenue of £2.06bn for the first nine months of its financial year on Wednesday, up 11% year-on-year, as growth accelerated in the third quarter and demand remained strong from both new and existing customers.

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Revenue, orders rise in first half at Weir Group

29th Jul 2026 09:32

(Sharecast News) - Weir Group reported first-half revenue of £1.27bn on Wednesday, up 5% at constant currency, while orders rose 8% to £1.43bn as demand remained strong across copper, gold, iron ore and oil sands markets.

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Rathbones says FCA probe remains 'priority' as H1 outflows near £1bn

29th Jul 2026 09:10

(Sharecast News) - Investment and wealth manager Rathbones reported an increase in first-half profits after funds under management and administration rose by over a tenth year-on-year, though net ouflows reached nearly £1bn.

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Glencore posts mixed H1 output, maintains FY production guidance

29th Jul 2026 09:00

(Sharecast News) - Commodity trading and mining giant Glencore posted mixed first‑half production numbers on Wednesday, with stronger copper output offset by declines across several other commodities, while the miner reiterated its full‑year guidance ranges for all major products.

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Breedon revenues rise as US, Ireland offset weak Great Britain

29th Jul 2026 08:53

(Sharecast News) - Construction materials company Breedon Group posted a solid first-half performance, with revenue rising 5% to £857.9m as strong trading in Ireland and the US offset continued weakness in Great Britain.

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Frasers Group lifts Burberry stake to 4.2%, shares spark

29th Jul 2026 08:24

(Sharecast News) - Burberry shares sparked again on Wednesday after Mike Ashley's Frasers Group lifted its stake in the luxury fashion brand to 4.2%.

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Aberdeen shares slide despite first-half profit growth

29th Jul 2026 08:15

(Sharecast News) - Aberdeen reported a 21% rise in adjusted operating profit to £151m for the first half on Wednesday, as revenue growth and lower costs helped offset continued net outflows.

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Metlen signs gallium supply agreement with unnamed US tech firm

29th Jul 2026 08:14

(Sharecast News) - Greek aluminium producer Metlen Energy & Metals on Wednesday said it had signed a long‑term supply gallium agreement with an unnamed US technology company.

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Standard Chartered launches $1bn buyback, lifts FY income target

29th Jul 2026 08:11

(Sharecast News) - Standard Chartered announced the launch of a $1bn share buyback on Wednesday and lifted its full-year income target at it posted better-than-expected first-half profit.

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Reckitt posts robust Q2 performance, maintains FY targets

29th Jul 2026 08:10

(Sharecast News) - Consumer goods giant Reckitt delivered a "strong" second quarter with broad‑based acceleration, prompting the group to reiterate its full‑year outlook as momentum improved across regions, categories and its Mead Johnson Nutrition arm.

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FirstGroup sees lower profit, higher cash flow after £48m Mistral Data disposal

29th Jul 2026 07:59

(Sharecast News) - FirstGroup said adjusted operating profit for 2027 would fall by £4m after agreeing to sell its Mistral Data unit to Tracsis for £48m but added the disposal would strengthen the group's medium‑term cash generation outlook.

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Europe open: Stoxx shrugs off Iran attack, Asia sell-off to post gains

29th Jul 2026 07:57

(Sharecast News) - European shares were higher amid an earnings dump at the open despite a surprise attack by Iran on military targets in the Gulf sending the oil price higher and another tech sell-off in Asia overnight.

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