Company news from ShareCast
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Schneider Electric raises outlook as data centre boom drives record sales
Fri 16 October 2026 07:47
(Sharecast News) - Shares in Schneider Electric jumped on Friday after the French electrical equipment group upgraded its full-year forecasts following record third-quarter sales, driven by surging demand from data centres.
Man Group assets under management hit $270.9bn
Fri 16 October 2026 07:32
(Sharecast News) - Investment manager Man Group reported a solid rise in assets under management in the third quarter, increasing to $270.9bn as at 30 September from $253.6bn three months earlier, marking continued momentum across both alternatives and lo
Iofina cuts production outlook after weaker third quarter
Fri 16 October 2026 07:22
(Sharecast News) - Iodine producer Iofina has lowered its production forecast for the second half of 2026 after reporting weaker-than-expected output in the third quarter, due to reduced water supplies, maintenance work and delays at two of its plants.
Culture Secretary 'minded to intervene' in Sky-ITV deal
Thu 15 October 2026 13:51
(Sharecast News) - Culture secretary Lisa Nandy on Thursday revealed that she is "minded to intervene" in Sky's proposed takeover of ITV's media and entertainment activities, suggesting possible legislation of the streaming industry may be needed.
AstraZeneca enters into strategic drug discovery deal with AI biotech Insitro
Thu 15 October 2026 13:49
(Sharecast News) - AstraZeneca said on Thursday that it will pay up to $1.86bn to enter a new strategic drug discovery collaboration and licensing agreement with Califiornia-based AI biotech firm Insitro.
BNY beats forecasts as quarterly profits jump 20%
Thu 15 October 2026 12:10
(Sharecast News) - The Bank of New York Mellon reported double-digit growth in third-quarter revenues and profits on Thursday, beating market expectations as higher client activity, new business and rising asset values boosted performance.