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Company news from ShareCast

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Mercedes-Benz cuts full-year sales, revenue forecasts

Tue 28 July 2026 16:10

(Sharecast News) - Mercedes-Benz cut its full-year sales and revenue forecasts on Tuesday as worsening conditions in China outweighed stronger demand elsewhere, with second-quarter car sales in the country plunging 30% amid intense competition from local

Revenue up, earnings down at Entain's BetMGM venture

Tue 28 July 2026 16:06

(Sharecast News) - Entain and MGM Resorts' BetMGM reported second-quarter net revenue of $711m on Tuesday, up 3% year-on-year, as an 8% increase in iGaming revenue to $483m offset flat online sports revenue of $228m.

Wednesday preview: FOMC announcement, Reckitt results eyed

Tue 28 July 2026 14:47

(Sharecast News) - The latest policy announcement from the Federal Reserve will be among the highlights on Wednesday, along with results from consumer goods giant Reckitt Benckiser and US tech firm Microsoft.

Ocado said to have abandoned pursuit of £190m payment from M&S

Tue 28 July 2026 13:56

(Sharecast News) - Ocado has reportedly quietly abandoned its pursuit of a £190m payment from Marks & Spencer following a dispute related to their online grocery joint venture.

Shares in LVMH on back foot despite sales spark

Tue 28 July 2026 13:17

(Sharecast News) - Shares in LVMH lost their shine on Tuesday, after second-quarter numbers from the French luxury house underwhelmed.

Frasers' €2bn tilt at Hugo Boss goes unconditional

Tue 28 July 2026 11:38

(Sharecast News) - Frasers Group's €2bn takeover tilt for Hugo Boss has been given the green light by Brussels, the British retailer confirmed on Tuesday, making the offer unconditional.

Boeing reports narrower loss, books another Air Force One charge

Tue 28 July 2026 11:08

(Sharecast News) - Boeing reported a narrower second-quarter loss on Tuesday as higher commercial aircraft deliveries boosted revenue and helped the US planemaker return to positive free cash flow, although another charge related to its delayed Air Force

Stellantis to sell Free2move car-sharing business to Mutares

Tue 28 July 2026 11:06

(Sharecast News) - French-Italian car company Stellantis said on Tuesday that it has agreed to sell its Free2move car-sharing business to German investment firm Mutares for an undisclosed sum.

Essentra posts improvement in revenue, earnings

Tue 28 July 2026 09:33

(Sharecast News) - Essentra reported a 9% increase in first-half revenue to £166.1m on Tuesday, with like-for-like growth of 7.8%, while adjusted operating profit rose 9.7% to £18.1m and the adjusted operating margin edged up to 10.9% from 10.8%.

Bodycote reports solid growth in first half

Tue 28 July 2026 09:29

(Sharecast News) - Bodycote reported a 3.3% increase in first-half revenue to £381.2m on Tuesday, with organic growth of 6.5%, while adjusted operating profit rose 10.7% to £61.0m and the adjusted operating margin improved 110 basis points to 16.0%.