Latest News
National Grid Shares Retreat as UK Rate Cut Expectations Intensify
National Grid shares declined in early London trading, extending losses after UK inflation slowed to 3.0% in January, bolstering expectations for a Bank of England rate cut. The utility stock remains sensitive to shifting gilt yields.
Schroders Shares Steady Below Nuveen's Takeover Bid
Schroders PLC shares traded flat around 586p, remaining below Nuveen's 612p per share takeover offer. The deal has triggered shareholder disclosures and strategic shifts at the asset manager's wealth unit.
Rio Tinto Shares Drop on Earnings Shortfall, Higher Iron Ore Costs
Rio Tinto's stock declined 3.1% in early London trading after reporting underlying earnings of $10.9 billion for 2025, slightly below analyst forecasts. The company announced a $6.5 billion dividend and projected increased iron ore production costs for the coming year.
Rolls-Royce Shares Retreat After Buyback Activity, Focus Turns to Earnings
Rolls-Royce shares declined in early trading after the company disclosed recent buyback activity. Attention now shifts to the upcoming full-year financial report scheduled for February 26.
Anglo American Shares Dip Ahead of Key Earnings Report
Anglo American's stock declined in London trading as the market awaited its annual financial results, following a warning of reduced copper production and a potential loss at its De Beers diamond unit.
Shell Shares Gain as Geopolitical Tensions Drive Oil Higher
Shell's stock advanced alongside rising oil prices fueled by U.S.-Iran tensions. The energy major also executed another tranche of its ongoing share repurchase plan.
Xero Shares Edge Higher on Melio-Related Share Issuance, Eyes on April Escrow Release
Xero's stock closed up 0.8% at A$80.55 following a disclosure of 61,445 new shares issued for the Melio deal. A larger tranche of 1.32 million shares is set to exit voluntary escrow on April 15, 2026.
South32 Gains on Copper Rebound Amid Thin Lunar New Year Trading
South32 Ltd advanced 0.46% to close at A$4.41 on Thursday, supported by a rebound in copper prices. Trading volumes remained subdued due to the Lunar New Year holiday in China.
Lottery Corp Stock Gains on Steady Dividend Amid Jackpot Headwinds
The Lottery Corporation's share price advanced following its half-year results, with the company declaring a steady dividend even as net profit dipped slightly amid unfavorable jackpot conditions.
WiseTech Global Gains Ahead of Key Earnings Report
WiseTech Global shares closed higher, with focus turning to its upcoming earnings report and dividend details. The stock remains below its previous peak.
Pro Medicus Shares Rebound 5% After Steep Post-Earnings Decline
Pro Medicus shares gained 5% on Thursday, partially recovering from a sharp post-earnings selloff. The stock remains down nearly 24% over the past week.
PLS Shares Dip on H1 Results, Ngungaju Restart Plan and Calix Deal Restructure
PLS Group shares declined 0.9% following its interim results, which showed a A$33 million net profit but no dividend. The company also approved a July restart for its Ngungaju facility and moved to acquire Calix's stake in their demonstration plant joint venture.