Telstra Share Price: Why TLS Stock Is Holding Up on Buyback Progress and Bendigo Deal
Telstra shares slipped 0.2% to A$5.12 after the company repurchased 1.95 million shares for A$9.99 million
Santos Limited Share Price Rises as $100 Oil Lifts ASX Energy Stocks
Santos Ltd shares rose 1.49% to A$7.49 Thursday as Brent crude topped $100 a barrel after tanker attacks and Iranian threats disrupted the Strait of Hormuz. Energy was the only ASX sector
BHP Stock Price Drops as China Widens Iron Ore Ban in Fresh Contract Blow
BHP’s New York shares fell 3.5% after sources said China expanded its ban to include Newman fines, a key BHP iron ore
National Grid plc Stock Price Rises 2.5% Despite Ofgem Hit as Investors Back £70 Billion Plan
National Grid shares rose 2.5% to 1,368 pence Thursday, outperforming a 0.4% drop in the FTSE 100. Ofgem said National Grid Electricity
Clough CEO Peter Bennett Dies at 59, Leaving Webuild’s Australian Arm Facing a Leadership Test
Clough said Thursday its CEO, Peter Bennett, has died at 59, with no cause of death given. Bennett led Clough through its
Wipro Stock Price Today: Shares Extend Gains After TruStage Deal, but Growth Test Remains
Wipro shares rose 0.14% to 202.51 rupees Thursday after announcing a multi-year contract with U.S.-based TruStage to modernize its retirement-services business. The
Diageo Share Price Slides Toward 52-Week Low as Red Soul Launch Puts Turnaround in Focus
Diageo shares fell 3.8% in London on Thursday, hitting a 52-week low at 1,433 pence. The drop follows weak half-year results, a dividend cut, and a $21.7 billion net debt load. On Wednesday, Diageo launched Johnnie Walker Red Soul, a sweeter, lower-priced Scotch targeting new drinkers. CEO Dave Lewis has promised a broader overhaul after slashing the 2026 sales outlook.
Beazley Plc Stock Price Holds Near 1,288p as Zurich Deal Gap Persists and JPMorgan Lifts Stake
Beazley shares traded around 1,288 pence Thursday, below Zurich Insurance’s 1,335 pence-a-share offer. JPMorgan Chase raised its interest in Beazley to 5.5%,
Reckitt Benckiser stock price slips again as £540 million buyback fails to calm margin worries
Reckitt Benckiser shares fell 0.69% to 5,351 pence by 1513 GMT Thursday, extending a drop of over 14% since January. The company
Rolls-Royce Share Price in Focus as Stock Trades Near 1,280p After MGCS Tank Deal
Rolls-Royce shares fell 1.5% to 1,280 pence in London on Thursday after Germany commissioned its Power Systems unit to build a hybrid
BAE Systems Share Price Jumps Above 2,300p as Defence Stocks Buck FTSE Slide
BAE Systems rose 3.25% to 2,300.5 pence by early Thursday afternoon, outperforming a falling FTSE 100 as defence stocks gained amid renewed
Technology News 13.03.2026
LIVETechnology news rolling coverageStarted: March 13, 2026, 12:00 AM EDTUpdated: March 13, 2026, 5:04 AM EDT
Wesfarmers Share Price Today: Why ASX:WES Is Rising as Valuation Doubts Linger
Wesfarmers shares climbed 1.3% to A$76.26 Friday morning, outperforming the ASX 200, which slipped 0.35%. The stock remains 14.6% below its February 18 close despite reporting a 9.3% rise in half-year net profit to A$1.603 billion. Management cited weak consumer sentiment and rate uncertainty. Wesfarmers lifted its interim dividend to 102 cents, payable March 31.
Telstra Share Price: Why TLS Stock Is Holding Up on Buyback Progress and Bendigo Deal
Telstra shares slipped 0.2% to A$5.12 after the company repurchased 1.95 million shares for A$9.99 million under its buyback. Telstra secured a five-year deal with Bendigo Bank and reported a 9.4% rise in first-half profit. The company warned new spectrum pricing could cost it A$1.6 billion above fair value. Regulatory changes on coverage standards also drew criticism from Telstra.
McDonald’s Brings McGriddles to UK Breakfast Menu 23 Years After U.S. Debut
McDonald’s will launch Sausage & Egg McGriddles in the UK and Ireland on March 17, pricing the sandwich at £3.99 for a limited time. The item, a longtime U.S. breakfast staple, features a sausage patty, free-range egg, cheese, and maple-infused griddle cakes. The rollout includes a £3 McDelivery discount on breakfast orders over £15 from March 13–29. McDonald’s operates over 1,560 restaurants in the region.
Suncorp Share Price Rises 1.5% as Buyback Update Extends Rebound After Storm-Hit Half
Suncorp shares closed at A$15.23 on March 12, up 1.47% despite the ASX 200 falling 1.31%, after another buyback update. The insurer’s first-half cash earnings dropped 67% to A$270 million following nine severe weather events and A$1.319 billion in claims. Suncorp remains 30% below its August 2025 high. A 17-cent interim dividend is due March 31.
Experian share price falls again as bond issue, buyback fail to steady stock
Experian shares fell 0.61% to 2,755 pence Thursday, extending losses despite a €300 million debt sale and ongoing buybacks. The stock remains well below its July high as oil prices and Middle East tensions push up inflation, weighing on lender demand and interest-rate outlooks. Experian will report full-year results on May 20.
Lynas Rare Earths Stock Extends Rally as Japan Deal Sets $110/kg Price Floor
Lynas Rare Earths shares closed at A$21.17 Thursday after revamping a long-term supply deal with Japan, locking in a US$110/kg floor price on 5,000 tonnes of NdPr annually through 2038. The stock surged 16.2% Wednesday on the news. JARE, backed by Japan’s JOGMEC and Sojitz, will take the minimum volume. Lynas keeps total NdPr supply capacity at up to 7,200 tonnes per year.
Santos Limited Share Price Rises as $100 Oil Lifts ASX Energy Stocks
Santos Ltd shares rose 1.49% to A$7.49 Thursday as Brent crude topped $100 a barrel after tanker attacks and Iranian threats disrupted the Strait of Hormuz. Energy was the only ASX sector to gain, with Woodside Energy up 2.07% and Beach Energy up 3.59%. Santos and Beach this week approved a A$357 million Cooper Basin project expected to cut production costs.
Norwegian Cruise Line Holdings Stock Falls 5% as Oil Shock Revives 2026 Fuel-Cost Fears
Norwegian Cruise Line Holdings shares fell 4.8% to $19.46 in late New York trading Thursday after Brent crude hit $100 a barrel following Iranian strikes on two oil tankers. Carnival and Royal Caribbean also dropped sharply. Norwegian had earlier forecast 2026 adjusted earnings of $2.38 a share, below analyst estimates, and warned fuel price swings could impact results. S&P Global revised its outlook on NCL to stable from positive.
ANZ share price slides 2.5% as oil shock revives Australian rate-hike bets
ANZ shares fell 2.53% to A$37.02 on Thursday, underperforming the S&P/ASX 200’s 1.31% drop, as surging oil prices and rising inflation expectations fueled bets on a Reserve Bank rate hike. ANZ named Tammy Medard to lead its Business & Private Bank from May 1, replacing Clare Morgan.
CSL Share Price Hits 52-Week Low Despite $1.5 Billion U.S. Expansion and New PAHO Vaccine Deal
CSL Ltd shares closed at a 52-week low of A$141.04 on Thursday, down 1.08% for the day and 18.31% so far this year. The drop continued despite CSL announcing a $1.5 billion U.S. plasma plant expansion and a Latin America vaccine deal this week. Investors remain cautious after February’s profit slump, impairments, and CEO change.
Atlassian Layoffs 2026: Jira Maker Cuts 1,600 Jobs as AI Pressure Builds
Atlassian will cut about 1,600 jobs, or 10% of its workforce, as it shifts spending to AI and enterprise sales. CTO Rajeev Rajan will leave March 31. The restructuring will cost $225 million to $236 million, with 40% of affected staff in North America and 30% in Australia.
TPG Telecom Stock Price Slips After $200 Million Block Trade Tests Share Liquidity Push
TPG Telecom shares fell 1.26% to A$3.89 after a A$200 million block trade, with turnover jumping to 54.5 million shares. The company made no new ASX filings on Thursday. Vodafone/Hutchison held 47.96% as of Feb. 6, while minority ownership recently rose to about 27%. TPG’s final dividend is due April 2, with its AGM scheduled for May 8.
Westpac Stock Price Drops as Fresh RBA Hike Calls Rattle Big Australian Banks
Westpac shares closed down 1.19% at A$40.54 on Thursday, further below last month’s record A$42.13. Economists at Westpac, NAB, and CBA now expect the Reserve Bank of Australia to raise rates on March 17, with market odds at 75% for a 25-basis-point hike. Household spending growth has slowed, according to Westpac data.
Macquarie Group Stock Price Falls 2.7% as Oil Shock Revives RBA Hike Fears
Macquarie Group shares fell 2.67% to A$195.75 on Thursday, extending losses as surging oil prices and rate hike fears weighed on Australian financial stocks. The S&P/ASX 200 closed down 1.31%. Markets now price a three-in-four chance the Reserve Bank of Australia will raise rates on March 17. Macquarie’s stock is down sharply from its February high after reporting improved profits.
Woodside Energy Share Price Rises as Oil Tops $100 Again, Putting WDS Stock Back in Focus
Woodside Energy’s U.S. shares rose 11.5 cents to $22.33 as Brent crude topped $100 a barrel following Iranian attacks that closed the Strait of Hormuz. The company’s 2025 profit fell to $2.65 billion on weaker prices, though output stayed strong. Woodside said its Scarborough LNG project is 94% complete and on track for late 2026. Goldman Sachs raised its Brent forecast but expects prices to fall from current highs.
United Utilities share price jumps as BofA target hike and defensive trade lift UK water stocks
United Utilities Group rose 2.26% to 1,357.5 pence Thursday after Bank of America raised its target price to 1,500 pence. The FTSE 100 fell 0.4% as oil hit $100 and rate-cut hopes faded. United Utilities did not appeal Ofwat’s 2025-30 settlement, unlike several rivals. The company supplies water to over 8 million in northwest England and reports full-year results May 14.
Commonwealth Bank of Australia Share Price Falls as Oil Shock Revives RBA Hike Bets
Commonwealth Bank of Australia shares fell 0.62% to A$171.60 Thursday as rising oil prices fueled inflation concerns and hit bank stocks. The S&P/ASX 200 dropped 1.3%. Analysts now expect the Reserve Bank of Australia to raise rates next week, with markets pricing a 75% chance of a hike. No new company-specific news was posted by CBA.
BHP Stock Price Drops as China Widens Iron Ore Ban in Fresh Contract Blow
BHP’s New York shares fell 3.5% after sources said China expanded its ban to include Newman fines, a key BHP iron ore product. Singapore iron ore futures surged over 4% to $108.95. The dispute affects annual supply talks covering a fifth of China’s iron ore needs. BHP has already accepted lower prices and shipped unusual cargoes to Malaysia and Vietnam as talks drag on.
Informa stock price falls after Middle East event delays overshadow record results and bigger buyback
Informa shares fell 1.36% to 768.4 pence after the company delayed events for over 10 brands in the Middle East and said it would absorb some rescheduling costs. The group reported record 2025 revenue of £4.04 billion, but statutory operating profit dropped to £141.7 million due to higher amortisation and a non-cash impairment. Informa raised its 2026 share buyback to £250 million.
Sunbelt Rentals Stock Falls as Q3 Margin Squeeze Clouds 2026 Outlook
Sunbelt Rentals shares dropped about 2% after the company reported lower third-quarter profit and slimmer margins, despite raising its full-year rental revenue outlook. Net income fell to $290 million on revenue of $2.637 billion, both missing analyst estimates. Adjusted EBITDA margin narrowed to 41.0% from 43.5%. Sunbelt cited higher repair costs and softer local commercial construction.
Vodafone Group Plc Stock Price Today: Shares Trade Around 108p as Buyback Continues Before FY26 Results
Vodafone bought 2 million shares on March 11 at an average 107.14 pence, holding them in treasury. Shares traded near 107-108 pence Thursday, little changed after the disclosure. The company completed 3.5 billion euros in buybacks since May 2024 and expects full-year profit and free cash flow at the upper end of guidance. Next full-year results are due May 12.
Schroders PLC Stock Price Today: Why Shares Fell as April 16 Nuveen Vote Comes Into View
Schroders shares fell 2.7% to 571p Thursday as the stock traded ex-dividend and released scheme documents for its planned sale to Nuveen. Shareholder meetings on the 590p-per-share takeover are set for April 16 in London. The 15p final dividend goes to holders on March 13, with payment due April 23. Some investors say the offer undervalues Schroders, which recently reported a 25% profit jump.
National Grid plc Stock Price Rises 2.5% Despite Ofgem Hit as Investors Back £70 Billion Plan
National Grid shares rose 2.5% to 1,368 pence Thursday, outperforming a 0.4% drop in the FTSE 100. Ofgem said National Grid Electricity Transmission will pay £20 million over historic failures at the Harker substation in Cumbria. The company last week announced at least £70 billion in capital spending by FY31 and raised its FY27 earnings growth target to 13%-15%.
Tesco Share Price Climbs Despite FTSE Drop as April Results Loom
Tesco PLC shares rose 1.45% to 475.5 pence Thursday, outperforming a falling London market as oil prices neared $100. The stock is up 7.6% since January 1 ahead of annual earnings due April 16. Tesco’s UK grocery market share climbed to 28.7% after a 4.5% sales increase in the 12 weeks to February 22. The company has told suppliers it aims to regain a 30% share.