Marcin Frąckiewicz

CSL Limited Share Price Faces New Test After A$1.06 Billion Buyback Ends
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CSL Limited Share Price Faces New Test After A$1.06 Billion Buyback Ends

CSL Limited completed an on-market buyback of 6.4 million shares for A$1.06 billion, ending near a low point for its stock, which last closed at A$119.88. The buyback follows delays in the CSL Seqirus spin-off and weaker U.S. flu vaccine demand. Interim CEO Gordon Naylor took over after an 81% drop in first-half profit. U.S. military vaccine mandate changes have added pressure on CSL’s vaccine business.
May 10, 2026
Westpac Banking Corporation’s New RBA Call Points to Two More Rate Hikes
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Westpac Banking Corporation’s New RBA Call Points to Two More Rate Hikes

Westpac now expects the Reserve Bank of Australia to raise rates in August and September, not June and August, citing persistent fuel-driven inflation. The shift follows Westpac’s A$3.41 billion first-half profit miss and higher bad-debt provisions. The RBA lifted its cash rate to 4.35% on May 5, warning that fuel costs are feeding into broader inflation. Other major banks remain split on the timing of further hikes.
May 10, 2026
NAB’s Monday Deadline: National Australia Bank’s $1.8 Billion Capital Push Comes Due
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NAB’s Monday Deadline: National Australia Bank’s $1.8 Billion Capital Push Comes Due

National Australia Bank shareholders have until 5 p.m. AEST Monday to elect for the discounted dividend reinvestment plan, which aims to raise about A$1.8 billion after a weak half-year result. NAB will raise variable home-loan rates by 0.25 percentage point from May 15. Cash earnings for the half fell 26.3% to A$2.64 billion. The bank’s credit impairment charge doubled to A$706 million.
May 10, 2026
Commonwealth Bank of Australia Rate Rise Hits This Week as Borrowers Face Delayed Mortgage Pain
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Commonwealth Bank of Australia Rate Rise Hits This Week as Borrowers Face Delayed Mortgage Pain

Commonwealth Bank of Australia will raise variable home loan rates by 25 basis points on Friday, lifting its standard owner-occupier rate to 8.80%. The move follows the Reserve Bank of Australia’s cash rate hike to 4.35% and comes ahead of CBA’s quarterly trading update on May 13. Other major banks, including Westpac and NAB, will also raise mortgage rates this month. Variable business loan rates at CBA will increase from May 15.
May 10, 2026
Macquarie Group Profit Surge Has One Catch Investors Can’t Ignore
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Macquarie Group Profit Surge Has One Catch Investors Can’t Ignore

Macquarie Group reported a 30% rise in full-year profit to A$4.85 billion, beating forecasts on strong commodity trading and asset sales. Profit for the six months to March 31 surged 93% to a record A$3.19 billion. The Commodities and Global Markets division’s net profit contribution jumped 49% to A$4.22 billion. Macquarie shares last closed at A$239.23 on Friday, down 1.09%.
May 10, 2026
BHP Group’s AI Iron Ore Fix Unlocks 1 Million Tonnes as Investors Chase Copper, AI Exposure
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BHP Group’s AI Iron Ore Fix Unlocks 1 Million Tonnes as Investors Chase Copper, AI Exposure

BHP’s AI-powered computer vision system in Western Australia has delivered nearly 1 million tonnes a year in extra iron ore output, according to Chief Digital Officer Mikko Tepponen. The technology cut crusher downtime by 20% and reduced disruptions by up to 60%. BHP shares last traded at A$57.95, down 0.97%. The company will release its next operational review on July 16.
May 10, 2026
AMD Stock Rally Hits a New Intel Problem After Apple Chip Deal Report
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AMD Stock Rally Hits a New Intel Problem After Apple Chip Deal Report

Intel shares jumped 13.9% after a Wall Street Journal report said the company reached a preliminary chip-making deal with Apple, though neither company confirmed the agreement. AMD closed up 11.4% following strong earnings and raised forecasts for AI server demand. Investors are watching how the Apple-Intel deal could affect AMD’s momentum and the broader U.S. chip market. U.S. markets were closed Sunday.
May 10, 2026
Compass Group PLC Half-Year Results: The AI and Vermaat Questions That Could Move CPG Shares
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Compass Group PLC Half-Year Results: The AI and Vermaat Questions That Could Move CPG Shares

Compass Group PLC will release half-year results at 7 a.m. BST Monday, with management presenting at 9 a.m. Shares closed Friday at $29.51/$29.52, up 0.73% after switching to a U.S. dollar quote in April. The company reaffirmed 2026 guidance for about 10% underlying operating profit growth, with consensus pointing to $3.72 billion profit on $50.5 billion revenue.
May 10, 2026
Woolworths Shoppers Get Soft Plastic Recycling Back at 700 Stores After REDcycle Fallout
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Woolworths Shoppers Get Soft Plastic Recycling Back at 700 Stores After REDcycle Fallout

Woolworths Group has reinstated soft-plastic recycling bins at over 700 supermarkets in five Australian states after a years-long pause, following REDcycle’s 2022 collapse. Since February 2024, customers have returned about 40 million pieces of soft plastic, or 310,000 kilograms. Collected material is processed by partners including saveBOARD and iQRenew for use in store products. Coles and Aldi are also expanding similar programs.
May 10, 2026
BT Stock Jumps as JPMorgan, Goldman Back Fibre Turnaround Ahead of Results
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BT Stock Jumps as JPMorgan, Goldman Back Fibre Turnaround Ahead of Results

BT Group shares jumped 6.6% to 236.20 pence Friday after JPMorgan and Goldman Sachs issued bullish reports ahead of full-year results. JPMorgan raised its price target to 310 pence and predicted improved cash flow could support a dividend increase by 2030. BT also relaunched its consumer brand and became UEFA EURO 2028’s telecom partner. Full-year results are due May 21.
May 9, 2026
Legal & General Shares Hold Firm as 8.7% Yield and £1.2 Billion Buyback Face AGM Test
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Legal & General Shares Hold Firm as 8.7% Yield and £1.2 Billion Buyback Face AGM Test

Legal & General Group shares closed nearly unchanged Friday at 251.40 pence, with an 8.67% dividend yield and £1.2 billion buyback ahead of a key May 21 shareholder vote. The FTSE 100 fell 0.4% to 10,233.07, marking a third weekly decline amid Gulf tensions and Labour Party election losses. L&G’s Solvency II capital ratio dropped to 210% pro forma, down from 232% last year.
May 9, 2026
Why Flutter’s FanDuel CEO Shake-Up Is Bigger Than Amy Howe’s Exit
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Why Flutter’s FanDuel CEO Shake-Up Is Bigger Than Amy Howe’s Exit

Flutter Entertainment replaced FanDuel CEO Amy Howe with President Christian Genetski and promoted Dan Taylor to group president overseeing U.S. operations. The company cut its 2026 revenue and profit forecasts, citing slower growth at FanDuel. Howe’s exit was not voluntary; she will receive $4.37 million in severance. DraftKings, FanDuel’s main U.S. rival, reported stronger growth and maintained its outlook.
May 9, 2026
Reckitt Benckiser’s China Speed Bet Puts Durex, Lysol Maker Back in Market Focus
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Reckitt Benckiser’s China Speed Bet Puts Durex, Lysol Maker Back in Market Focus

Reckitt Benckiser said ecommerce and social commerce now account for 80% of its China sales, up from 30% six years ago, with China revenue nearing £1 billion after 11 quarters of double-digit growth. The company bought back £9 million in shares on May 7. Reckitt missed first-quarter revenue forecasts in April and warned of lower first-half margins, citing weak demand and higher costs.
May 9, 2026
Vodafone Group PLC’s India Turnaround Plan Takes a New Turn With Vodafone Idea Stake Move
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Vodafone Group PLC’s India Turnaround Plan Takes a New Turn With Vodafone Idea Stake Move

Vodafone Group is considering transferring part of its 19% stake in Vodafone Idea to the Indian carrier’s treasury, Bloomberg reported, as Vodafone Idea seeks funding after a telecom dues relief. Vodafone Idea is also in talks to borrow about 350 billion rupees, mostly via term loans, with State Bank of India likely to lead. Vodafone’s shares rose 2.28% in London Friday; Vodafone Idea’s shares ended flat in Mumbai.
May 9, 2026
Prudential plc Share Buyback: Latest Stock Move Puts $1.2 Billion Return Plan in Focus
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Prudential plc Share Buyback: Latest Stock Move Puts $1.2 Billion Return Plan in Focus

Prudential plc bought 252,594 ordinary shares for cancellation on May 7 as part of its 2026 buyback, leaving 2.52 billion shares in issue, a U.S. filing showed. The stock closed in London at 1,139p, down 2.83%. The company reported first-quarter new business profit up 10% to $686 million. Analysts cited slower growth and ongoing concerns about Asian demand and inflation.
May 9, 2026
International Consolidated Airlines Group SA Hit by €9 Billion Fuel Bill as IAG Cuts Profit Outlook

International Consolidated Airlines Group SA Hit by €9 Billion Fuel Bill as IAG Cuts Profit Outlook

International Consolidated Airlines Group cut its annual profit forecast after jet fuel costs surged, despite posting a first-quarter operating profit of €351 million, up 77%. The British Airways owner said it would trim capacity growth below its earlier 3% guidance and expects a €9 billion fuel bill for 2026. IAG shares fell 2.83% to 385 pence. The group has shifted some flights away from the Gulf region due to supply risks.
May 9, 2026
Anglo American’s $295 Million Copper Push Could Keep El Soldado Running Until 2045
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Anglo American’s $295 Million Copper Push Could Keep El Soldado Running Until 2045

Anglo American has filed a $295 million plan to extend the El Soldado copper mine in Chile through 2045, seeking environmental approval. The project would add new open-pit phases, reopen an underground mine, and expand tailings infrastructure. El Soldado produced 42,605 tonnes of copper in 2025 and employs about 650 people. Chile’s regulator charged Anglo with alleged breaches at the site in late 2024.
May 9, 2026
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