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Company news from ShareCast

No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.

BAE Systems receives $535m contract with US Army

Tue 16 June 2026 15:22

(Sharecast News) - Defence, aerospace and security solutions giant BAE Systems has announced a new contract worth $535m to produce howitzers and tanks for the US Army.

Wednesday preview: FOMC announcement, AO World results due

Tue 16 June 2026 14:57

(Sharecast News) - Wednesday sees the release of full-year results from electricals retailer AO World and Speedy Hire, as well as the latest policy announcement from the US Federal Reserve.

Ericsson CEO Ekholm to step down, to be succeeded by Per Narvinger

Tue 16 June 2026 14:54

(Sharecast News) - Ericsson said on Tuesday that president and chief executive Börje Ekholm has decided to step down and will be succeeded by Per Narvinger with effect from 1 October.

Yum Brands to sell Pizza Hut for $2.7bn

Tue 16 June 2026 14:01

(Sharecast News) - Yum Brands said on Tuesday that it has agreed to sell Pizza Hut for $2.7bn in two separate transactions.

SpaceX to buy AI coding agent Cursor for $60bn

Tue 16 June 2026 12:38

(Sharecast News) - SpaceX said on Tuesday that it has agreed to buy San Francisco-based Anysphere, the owner of AI coding agent Cursor, for $60bn.

German government rejects Unicredit's 'aggressive' Commerzbank bid

Tue 16 June 2026 12:33

(Sharecast News) - The Germany government has rejected UniCredit's hostile bid for Commerzbank, refusing to sell shares in the German lender.

Robinhood Markets cuts 10% of workforce to flatten org structure

Tue 16 June 2026 12:06

(Sharecast News) - US trading platform operator Robinhood Markets revealed on Tuesday that it plans to lay off around a tenth of its workforce in an effort to rein in costs and improve efficiency.

CMA clears AB Foods' acquisition of Hovis

Tue 16 June 2026 11:53

(Sharecast News) - The Competition and Markets Authority has cleared Associated British Foods' £75m acquisition of Hovis.

US chemical peers Olin, Huntsman announce all-stock merger

Tue 16 June 2026 11:45

(Sharecast News) - US chemicals producers Olin and Huntsman have announced an all-stock merger to create a $12.5bn North American market leader, which they claim will generate "significant value" for both sets of shareholders.

SDCL Efficiency Income Trust encourages shareholders to back wind-down

Tue 16 June 2026 10:57

(Sharecast News) - Energy solutions-focused investment trust, SDCL Efficiency Income Trust (SEIT), has recommended shareholders to vote in favour of a proposed wind-down following a period of a persistent share price discount to net asset value, causing s