New Zealand’s Commerce Commission has launched a competition review of Kimberly-Clark’s planned acquisition of Kenvue, with a decision expected by April 28. Kimberly-Clark has offered to divest Kenvue’s feminine hygiene business in
Rio Tinto’s U.S. shares fell 0.4% to $94.90 in premarket trading after a 4.3% drop Tuesday, tracking weaker iron ore prices and investor caution amid rising oil. The miner won conditional Canadian government support for a gallium project and approved a $473 million restart at South Africa’s Zulti South mine. Traders await signals from China’s National People’s Congress opening March 5.
Shell’s U.S. shares fell 2.2% to $82.33 Tuesday despite oil prices rising on escalating conflict involving the U.S., Israel, and Iran. The company announced new share buybacks and lost a New York court challenge in an LNG dispute with Venture Global. Brent crude rose 3.3% early Wednesday to $84.07 a barrel. The Dow dropped 0.8% as energy prices fueled inflation concerns.
Barclays shares fell 0.4% to 420.9p in early London trade Wednesday, after dropping 3.4% on both Monday and Tuesday. Rising oil and gas prices have revived inflation fears and dampened expectations for a Bank of England rate cut on March 19. UK bank stocks and the FTSE 100 have come under pressure as traders watch energy prices and gilt yields.
Anglo American shares fell 3.84% to 3,452p in London on Tuesday, extending a two-day slide amid a sharp drop in UK stocks and surging energy prices. About 17.3 million shares traded, with the stock now 11% below its February high. The miner set its AGM for April 29 and will go ex-dividend on March 12. Brent crude rose nearly 7% as Middle East tensions disrupted energy exports.
Rolls-Royce bought back 1,652,501 shares on March 3 under its £2.3 billion buyback plan, paying between 1,263.5 and 1,362 pence each. Shares closed Tuesday at 1,303 pence, down 3.77%, as the FTSE 100 fell 2.8%. The company proposed a 5.0 pence final dividend for 2025, payable June 3 if approved. Retired U.S. generals Laura Richardson and Duke Richardson joined the North America board.
RELX bought back 500,000 shares each on March 2 and 3, paying average prices of 2,567.20p and 2,562.31p. The company is executing a £450 million buyback through March 20 as part of £2.25 billion planned for 2026. Shares last closed up 0.8% at 2,596p. LexisNexis’ legal chief said new AI models improve the business’s position.
Mineral Resources shares closed 0.6% lower at A$55.71 in Sydney after trading between A$54.83 and A$57.56. The company reported record first-half volumes and a 29% jump in Mining Services EBITDA to $488 million. The stock remains volatile, having dropped 6.1% in the previous session. Investors are watching oil prices and rate expectations ahead of the RBA’s March meeting.
Lynas Rare Earths shares fell 0.7% to A$18.91 after Malaysia renewed its operating licence to 2036 but required the company to stop producing radioactive waste by 2031. The licence will be reviewed in five years and can be revoked if conditions are not met. Investors are watching for details on Lynas’ waste-treatment plan and related costs.
PLS Group shares closed down 1.3% at A$4.74 in Sydney, extending a two-day drop of nearly 8% as lithium prices slumped. China’s lithium carbonate futures fell almost 13% after weak EV sales data. About 21.5 million PLS shares traded hands. Investors are watching China’s lithium market, oil prices, and rate expectations for direction ahead of PLS’s next quarterly report on April 16.
Santos shares closed down 0.4% at A$7.25 Wednesday, outperforming the ASX 200’s 1.9% drop amid war-driven oil price swings. The company set FX rates for its US$0.103 final dividend due March 25 and disclosed a director’s on-market purchase of 5,500 shares. About 14.6 million Santos shares traded during the session.
Evolution Mining shares fell 4.7% to A$16.07 at Wednesday’s close, dropping 80 cents as the stock traded ex-dividend after a record 20-cent payout was declared last month. About 7 million shares changed hands. The ASX 200 fell 1.9% and materials lost 2.9%. Director Andrea Hall sold 10,000 shares at A$16.65 each, according to an ASX filing.
Fortescue Ltd shares fell 3% to A$19.00 Wednesday, extending a five-session slide to 10%. The S&P/ASX 200 and All Ordinaries each dropped 1.9% amid global selling and uncertainty over China and central bank policy. Oil prices surged over 13% this week, adding pressure. Iron ore futures were steady as traders awaited China’s annual parliamentary meeting.
CSL Ltd shares fell 1.6% to A$142.86 in Sydney on Wednesday, hitting a 52-week low of A$142.40. A filing showed CSL bought back 57,410 shares for A$8.35 million on Tuesday and issued 39,627 new shares via staff rights. The stock trades ex-dividend for its US$1.30 interim payout on March 10. The ASX 200 closed down 1.9% amid rate and inflation concerns.
Northern Star Resources closed down 2.5% at A$29.93 after trading ex-dividend for a 25-cent interim payout. The ASX 200 fell 1.9% as war and rate concerns hit sentiment. Spot gold rose 1.4% to $5,157 an ounce after recent swings. Northern Star’s next production update is scheduled for April 22.
National Australia Bank closed down 2.0% at A$46.68 Wednesday as Australian bank stocks fell amid rising oil prices and renewed inflation fears. The ASX 200 dropped 1.9% for its worst session since early February. Markets now price a 30% chance of a rate hike at the March 17 RBA meeting after stronger-than-expected GDP data. No new NAB-specific news was reported.
ANZ shares fell 3.7% to A$37.94 on Wednesday, their steepest drop among major Australian banks, as the S&P/ASX 200 slid 1.9%. Fresh GDP data and surging oil prices revived expectations of a May rate hike. Investors are now focused on the Reserve Bank of Australia’s March meeting and ANZ’s May 7 interim report.
Robinhood shares fell 3.4% to $76.07 in after-hours trading Tuesday after a volatile session. TradePMR, owned by Robinhood, began a pilot of the Robinhood Advisor Network targeting clients with over $250,000 in assets. Investors are watching for the March 4 “Take Flight” keynote and upcoming monthly metrics. The S&P 500 and Nasdaq also declined amid Middle East tensions and inflation concerns.
Coinbase shares fell 1.6% to $182.36 in after-hours trading Tuesday, tracking declines in bitcoin and global stocks as Middle East tensions escalated. Chief Legal Officer Paul Grewal sold 1,314 shares on Feb. 27 under a pre-arranged plan, SEC filings showed. Traders are watching oil prices and upcoming U.S. jobs data for further direction.
Walmart shares rose 0.6% to $127.91 in after-hours trading, outperforming a broader market decline. Target jumped 6.8% after forecasting 2026 sales growth and outlining a turnaround plan. Costco edged up 0.5%, while Amazon was little changed. Investors await Friday’s U.S. jobs and retail-sales data for further direction.
AppLovin shares closed up 1.4% at $438.89 Tuesday, then slipped 0.8% after hours. The stock swung between $406.10 and $444.16 during the session. Analyst targets diverged ahead of the company’s Wednesday appearance at the Morgan Stanley Technology, Media & Telecom Conference. An SEC investigation into AppLovin remains active.
Intuit shares climbed 3.5% to $433.35 in after-hours trading Tuesday, marking a fifth straight gain on above-average volume despite a falling S&P 500. The move follows management’s push for nearly 600 new local offices and more assisted tax filing during peak season. CEO Sasan Goodarzi cited strong TurboTax growth but flagged Mailchimp weakness. Intuit remains down 47% from its 52-week high.
Caterpillar shares fell about 4% to $722.18 in after-hours trading Tuesday, extending losses as oil prices surged on Middle East conflict and investors retreated from industrial stocks. Brent crude settled up 4.7% at $81.40 a barrel, its highest in over a year. The Dow closed down 0.8%, S&P 500 lost 0.9%. Deere, GE Aerospace, and Paccar also declined in late trade.
Western Digital shares fell 7.2% to $250.61 in after-hours trading Tuesday, tracking a broad selloff in storage and memory stocks as oil prices surged and Treasury yields rose. The S&P 500 closed down 0.94% and the Nasdaq lost 1.02%. Brent crude settled at $81.40 a barrel, up 4.7%. Western Digital will pay a $0.125-per-share dividend on March 18 to holders as of March 5.
Applied Materials shares fell 5.6% to $351.32 in after-hours trading Tuesday, tracking a broad selloff in tech as oil prices surged and Middle East conflict escalated. U.S. crude settled up 4.7% at $74.56 a barrel, its highest since June. Chip equipment makers ASML and KLA also dropped over 6%. Traders now await U.S. jobs data due March 6.
GE Vernova shares fell 4.4% to $842 Tuesday, touching a low of $812 before steadying after hours. The drop followed a broader market decline amid concerns over Middle East conflict and rising oil prices. GE Vernova announced a $30 million expansion of its Italian plant and completed the $600 million sale of its Proficy software business to TPG.