News Archive

US pending home sales drop 0.8pc in June

30th Jul 2025 14:47

(Sharecast News) - US pending home sales decreased in June, according to the National Association of Realtors, missing estimates of a 0.3% increase.

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Broker tips: Greggs, Wizz Air, Croda

30th Jul 2025 14:47

(Sharecast News) - Analysts at Berenberg slightly raised their target price on bakery chain Greggs from 3,040.00p to 3,060.00p on Wednesday, noting that the group's "fresh strategy announcements add flavour".

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Serica Energy lowers full-year production guidance

30th Jul 2025 14:46

(Sharecast News) - Serica Energy lowered its full-year production guidance on Wednesday, after a slower-than-expected ramp-up at the Triton FPSO, where operational setbacks had pushed back the return to steady-state output.

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Hargreaves Services posts double-digit revenue growth

30th Jul 2025 14:43

(Sharecast News) - Hargreaves Services reported double-digit revenue and EBITDA growth for the year ended 31 May on Wednesday, supported by a strong performance in its Services division and a sharp recovery in its HRMS joint venture.

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Somero lowers expectations in response to tariff concerns

30th Jul 2025 14:40

(Sharecast News) - Somero Enterprises warned on Wednesday that its full-year performance would fall short of earlier expectations after a softer-than-expected first half, with market uncertainty and project delays hampering activity in its core US market.

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BoE's Bailey 'blocked' Reeves meeting with Revolut over licence - report

30th Jul 2025 14:38

(Sharecast News) - Bank of England Governor Andrew Bailey reportedly stepped in to block a meeting that Finance Minister Rachel Reeves tried to secure between financial watchdogs and Revolut over the fintech's banking licence.

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FTSE 100 movers: GSK gains on results; Taylor Wimpey tumbles

30th Jul 2025 14:37

(Sharecast News) - London's FTSE 100 was flat at 9,129.72 in afternoon trade on Wednesday.

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FTSE 250 movers: Bodycote surges; Tariffs put brakes on Aston Martin

30th Jul 2025 14:35

(Sharecast News) - FTSE 250 (MCX) 21,738.15 -0.25%

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Gore Street Energy Storage unveils capital allocation strategy

30th Jul 2025 14:17

(Sharecast News) - Gore Street Energy Storage Fund unveiled a comprehensive capital allocation strategy aimed at enhancing shareholder value on Wednesday, following the completion of an independent review led by Alexa Capital.

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Hostelworld confident after stable half-year

30th Jul 2025 14:12

(Sharecast News) - Hostelworld reported stable interim results on Wednesday, with early success from its new 'Elevate' monetisation tool and a sharp rise in social engagement helping to support booking volumes and position the group for long-term growth.

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Chesnara prices £150m of convertible notes

30th Jul 2025 14:08

(Sharecast News) - Chesnara announced the successful pricing of £150m of fixed rate reset perpetual restricted tier one contingent convertible notes on Wednesday, as the life insurance consolidator looked to bolster its financial flexibility and pursue further acquisition opportunities.

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Porsche cuts FY profit guidance for second time

30th Jul 2025 14:05

(Sharecast News) - Luxury carmaker Porsche said on Wednesday it would kickstart a package of "comprehensive strategic realignment measures" after taking a big hit from US trade tariffs in the first half, as it cut annual guidance for the second time in three months.

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Alfa Financial Software on track after first half

30th Jul 2025 14:04

(Sharecast News) - Alfa Financial Software reported strong revenue growth across all business segments in the first half of 2025 on Wednesday, and said it remained on track to meet full-year expectations, supported by a robust pipeline and continued demand for its upgraded Alfa Systems 6 platform.

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Yellow Cake reports strong uplift in value of uranium holdings

30th Jul 2025 13:30

(Sharecast News) - Yellow Cake reported a strong uplift in the value of its uranium holdings in the second quarter on Wednesday, driven by a sharp rise in the uranium spot price, which climbed 21.8% over the period.

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US private sector employment rises more than expected in July - ADP

30th Jul 2025 13:25

(Sharecast News) - Private sector employment in the US rose more than expected in July, according to figures released on Wednesday by ADP.

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