Business 6 March 2026 - 10 March 2026

LegalZoom Drops Ahead of Shareholder Meeting as AI Fight Hangs Over Stock
····

LegalZoom Drops Ahead of Shareholder Meeting as AI Fight Hangs Over Stock

LegalZoom.com traded lower in premarket Wednesday, with the stock near $6.53 as investors prepared for the company’s annual meeting. Shares have had trouble translating stronger sales into better numbers on the bottom line. The latest price was off 14.5 cents from Tuesday’s close, giving LegalZoom a market cap near $1.16 billion. The timing sets the scene. U.S. markets are open as usual, and Nasdaq’s 2026 holiday list shows the next full day off is Juneteenth, June 19. LegalZoom’s shareholder meeting is scheduled for later in the day, not on a weekend or holiday.
June 3, 2026
Vertiv Holdings launches industrial UPS as S&P 500 move tests next phase of AI growth
···

Vertiv Holdings launches industrial UPS as S&P 500 move tests next phase of AI growth

Vertiv Holdings Co rolled out a new industrial-grade uninterruptible power supply on Tuesday, targeting factories and rugged environments—an expansion of its power-protection range just before its expected S&P 500 debut on March 23. “Industrial sites deal with electrical instability, heat, and airborne contaminants—conditions that traditional UPS systems aren’t designed for,” said Greg Funk, vice president of modular power converters at Vertiv. Timing is key here: Vertiv’s looking to ride the AI-driven data-center boom into sustained expansion. Back in February, the company projected 2026 net sales between $13.25 billion and $13.75 billion, with adjusted earnings per share of $5.97 to $6.07. Fourth-quarter organic orders surged 252%, driving backlog up to $15 billion. That backlog, CEO Giordano Albertazzi said, gives Vertiv “clear
March 10, 2026
Lumentum Holdings Inc. to Join S&P 500 After Nvidia Deal Lifts AI Optics Trade
···

Lumentum Holdings Inc. to Join S&P 500 After Nvidia Deal Lifts AI Optics Trade

SAN JOSE, Calif., March 10, 2026, 06:51 PDT. Lumentum Holdings is set to join the S&P 500 before the bell on March 23, days after S&P Dow Jones Indices added the optical networking supplier as part of its quarterly rebalance. Having advanced from the S&P MidCap 400, Lumentum’s CEO Michael Hurlston called the move a recognition of the company’s “vital role in helping customers build next-generation AI infrastructure.”
March 10, 2026
Micron Technology, Inc. Stock Rises on Applied Materials AI Memory Deal Ahead of Earnings
···

Micron Technology, Inc. Stock Rises on Applied Materials AI Memory Deal Ahead of Earnings

SANTA CLARA, California, March 10, 2026, 06:12 PDT Micron Technology said Tuesday it's teaming up with Applied Materials on next-gen DRAM and high-bandwidth memory for AI processors, plus NAND storage chips—an expansion of their U.S. research efforts, announced just ahead of Micron’s fiscal Q2 results March 18. Micron shares last traded at $389.32, up $19.14 on the day.
March 10, 2026
Apple Faces Fresh German Fine Threat After Publishers Reject App Tracking Changes
···

Apple Faces Fresh German Fine Threat After Publishers Reject App Tracking Changes

On Tuesday, German publishers and advertisers amped up their demands on Apple, calling on the country's cartel office to block the tech giant’s proposed tweaks to App Tracking Transparency—known as ATT—and instead hit the company with a fine. ATT forces apps to get iPhone users’ permission before tracking them across third-party apps and sites. Still, the trade groups argue that Apple’s planned changes would leave it holding too much sway over advertising data in the mobile ad business. The stakes are climbing. Germany hasn’t decided if Apple’s December proposal is sufficient, and a ruling against the tech giant could draw heavier European attention to a feature Apple touts as boosting privacy. France already hit Apple with a 150 million euro
March 10, 2026
Why Sandisk Stock Jumped 11.6% as AI Storage Demand Drew a Fresh $1,000 Call
···

Why Sandisk Stock Jumped 11.6% as AI Storage Demand Drew a Fresh $1,000 Call

Sandisk surged 11.6% to close at $588.73 on Monday, leading gains among memory and AI storage plays as buyers jumped back into the sector late. Micron added 5.2%. Western Digital, Sandisk’s former parent, climbed 6.8%. It's become a bigger deal now: Sandisk, which Western Digital spun off last year, has a business that's more sensitive to NAND flash prices than the industry giants. NAND powers solid-state drives by storing data even when they're unplugged, and the recent surge in AI data-center budgets has only made those chips scarcer. Investors will be watching closely when Sandisk executives present at Cantor's tech and industrial growth event this Wednesday, March 11, for fresh signals on how supply and demand are holding up.
March 10, 2026
Coca-Cola HBC AG Shares Buck FTSE Slide as Oil Shock Tests 2026 Profit Outlook
···

Coca-Cola HBC AG Shares Buck FTSE Slide as Oil Shock Tests 2026 Profit Outlook

Shares of Coca-Cola HBC AG managed a small rise on Monday, closing at 4,500 pence—up 0.09%—even as the FTSE 100 slipped 0.3%. Investors took another look at the bottler’s growth outlook against the backdrop of surging oil and metals prices. Oil’s jump is translating straight into higher transport and distribution costs, and aluminium is central to can production. Brent finished up 6.8% after spiking as much as 29% during the session. Meanwhile, benchmark aluminium hit levels last seen in March 2022. IG market analyst Tony Sycamore noted traders found "no obvious off-ramp" as the crisis unfolded.
March 10, 2026
Airtel Africa Plc Buys 80,000 Shares as $100 Million Buyback Nears March 31 Deadline
····

Airtel Africa Plc Buys 80,000 Shares as $100 Million Buyback Nears March 31 Deadline

Airtel Africa on Monday disclosed it snapped up 80,000 of its own shares, paying an average price of 345.59 pence apiece. The latest purchase adds to the telecom operator’s $100 million buyback program, which the company still expects to wrap up by March 31. The timing of the filing is notable, coming as the London-listed telecom group pushes ahead with plans to float Airtel Money—its mobile payments arm—in the first half of 2026. Back in January, Airtel reiterated its target, saying the unit that enables money transfers via mobile phones remained on course for that window.
March 10, 2026
Informa Plc presses on with £200 mln share buyback ahead of 2025 results as Gulf risks shadow outlook
···

Informa Plc presses on with £200 mln share buyback ahead of 2025 results as Gulf risks shadow outlook

Informa disclosed on Monday it repurchased 1.363 million shares for cancellation last week through March 6, continuing its 2026 buyback program with at least 200 million pounds committed, just ahead of its annual results. After settlement, the B2B events and publishing company’s outstanding shares are set to drop to 1,279,627,119. According to its website, Informa plans to report full-year 2025 results this Thursday. Timing is key here. Buybacks cut the share count, boosting earnings per share—a basic profit gauge—and often hint at management’s confidence. Back in January, Informa projected 2025 revenue above 4.0 billion pounds, pegged adjusted EPS around 55.5 pence, and put adjusted free cash flow north of 860 million pounds. That’s the target set for Thursday.
March 10, 2026
Aviva plc Restarts £350 Million Buyback as Shares Slide — Why Analysts Still See Value
···

Aviva plc Restarts £350 Million Buyback as Shares Slide — Why Analysts Still See Value

Aviva plc confirmed Monday it repurchased 20,000 shares for cancellation in a March 6 deal, part of the £350 million buyback announced last week. The shares still slipped 2.58% to finish at 611.2 pence, with the FTSE 100 down 0.34%. Aviva’s paused buybacks drew attention after its £3.7 billion Direct Line acquisition—a move that catapulted it to the top spot among UK home and motor insurers. Now that the deal is wrapped up, and after last week’s annual results, investors are less focused on M&A. Instead, the spotlight’s on whether the bigger group can address the valuation gap analysts called out Monday.
March 10, 2026
Hiscox Ltd Cancels More Shares as $300 Million Buyback Builds After Record Profit
···

Hiscox Ltd Cancels More Shares as $300 Million Buyback Builds After Record Profit

Hiscox Ltd disclosed Monday it repurchased 69,849 shares on March 6, paying an average 1,459.08 pence apiece, with plans to cancel them. This forms part of the insurer’s ongoing $300 million buyback. The company noted it’s shifting to weekly, rather than daily, repurchase notices because of a change to UK listing rules, though trade details will remain unchanged. This update moves Hiscox’s buyback plan off the drawing board and into action, coming just days after the insurer flagged it with annual results. The Bermuda-based group expects to wrap up the initial $150 million tranche by the end of Q3. Up to 20.8 million shares are eligible for repurchase under the current shareholder mandate; Hiscox says it’s targeting a smaller share
March 10, 2026
Reckitt Benckiser Group plc starts £540 million share buyback after Europe warning rattles investors
···

Reckitt Benckiser Group plc starts £540 million share buyback after Europe warning rattles investors

Reckitt Benckiser Group plc kicked off its third share buyback tranche on Monday, targeting as much as 540 million pounds in purchases before July 27. The company behind Durex and Lysol said it plans to hold these newly bought shares in treasury. The timing is notable, landing just days after Reckitt’s annual results rattled investors—even though sales topped forecasts. The company cautioned that Europe would remain challenging, and that softer cold-and-flu sales would weigh on first-quarter demand. Buybacks trim outstanding shares and often lift earnings per share; Reckitt pointed out last week that EPS had already gotten a boost from a reduced share count.
March 9, 2026
Shell Plc to Sell Jiffy Lube to Monomoy for $1.3 Billion in Latest Portfolio Shake-Up
···

Shell Plc to Sell Jiffy Lube to Monomoy for $1.3 Billion in Latest Portfolio Shake-Up

Shell on Monday announced plans to offload Jiffy Lube International and Premium Velocity Auto to Monomoy Capital Partners for $1.3 billion. The deal, part of CEO Wael Sawan’s effort to pare back operations outside Shell’s top-performing core, also features a long-term lubricants supply arrangement. Shell’s decision stands out as the company keeps shedding consumer-facing businesses, responding to investors who want solid cash returns from European oil names. That debate has only grown louder after softer oil and gas prices dragged Shell’s fourth-quarter earnings down to $3.3 billion—a low not seen since early 2021.
March 9, 2026
Transocean Ltd’s Deepwater Thalassa Starts Mexico Trion Job as Valaris Deal Looms
···

Transocean Ltd’s Deepwater Thalassa Starts Mexico Trion Job as Valaris Deal Looms

MEXICO CITY, March 9, 2026, 13:29 CST. Woodside Energy kicked off its Trion drilling campaign in the Gulf of Mexico on Monday, tapping Transocean's Deepwater Thalassa for the job and marking a key move onto a large Mexican offshore project. Back in an April 2025 fleet report, Transocean had listed this contract as running from March 2026 through March 2029 with the rig set at a $480,000 daily fee.
March 9, 2026
Banco Bradesco Moves Bradsaúde Plan Ahead as Odontoprev Sets April Vote
···

Banco Bradesco Moves Bradsaúde Plan Ahead as Odontoprev Sets April Vote

Banco Bradesco faces two shareholder votes later this month, following a filing that confirmed its healthcare restructuring is still moving forward. Odontoprev has scheduled an April 6 meeting for the next step in the process. According to the bank, the latest documents leave the deal's terms unchanged. The schedule is tight: Bradesco shareholders have a March 31 vote on a partial Bradseg spin-off—essentially, a carve-out from the unit. Over at Odontoprev, investors decide April 6 on authorizing new shares to take in Bradesco Gestão de Saúde, boosting capital, and switching the name to Bradsaúde. That would put Odontoprev at the center as the group’s top-listed healthcare arm.
March 9, 2026
Costco Holds Off on Special Dividend as Digital Personalization Adds $470 Million in E-Commerce Sales
···

Costco Holds Off on Special Dividend as Digital Personalization Adds $470 Million in E-Commerce Sales

ISSAQUAH, Washington, March 9, 2026, 09:54 PDT Costco Wholesale isn’t committing to another special dividend just yet, despite its cash pile returning to pre-payout territory. Chief Financial Officer Gary Millerchip said the retailer is still funneling funds into warehouses, logistics, and digital investments. When asked by analysts, Millerchip noted the board keeps evaluating another one-time dividend, but for now, there are “no plans” to announce.
March 9, 2026
Carnival Corporation & plc Shares Sink as Oil Spike Clouds 2026 Cruise Profit Outlook
···

Carnival Corporation & plc Shares Sink as Oil Spike Clouds 2026 Cruise Profit Outlook

Shares of Carnival Corporation & plc slipped over 7% early Monday, hit hard as a renewed spike in oil prices rattled cruise names and fueled worries about fuel expenses tied to the company’s 2026 projections. Royal Caribbean dropped 6.3% as well. The change is notable: Carnival’s December outlook banked on 2026 fuel averaging $524 per metric ton—well under the $610 it shelled out, on average, for 2025. According to the company, every 10% swing in fuel prices per ton tugs full-year adjusted net income by roughly $145 million.
March 9, 2026
Constellation Software Q4 profit tumbles 61% despite revenue jump as Asseco charge bites
···

Constellation Software Q4 profit tumbles 61% despite revenue jump as Asseco charge bites

Constellation Software posted a steep 61% drop in fourth-quarter net income attributable to common shareholders, landing at $110 million, even as revenue climbed 18% to $3.18 billion. The Canadian software company also declared its usual $1.00 quarterly dividend. Results are reported in U.S. dollars. This is crucial now because investors are eyeing more than just Constellation’s appetite for deals. They’re scrutinizing organic growth—the gains coming from the firms Constellation already controls—and watching how much cash flow is left for shareholders. Organic growth landed at 6% for the quarter. But free cash flow available to shareholders, Constellation’s preferred metric after factoring in debt, leases, and capital spending, dropped 12% to $423 million.
March 9, 2026
Wix.com Kicks Off $1.75 Billion Tender Offer as AI Bet Meets Margin Questions
···

Wix.com Kicks Off $1.75 Billion Tender Offer as AI Bet Meets Margin Questions

Wix.com launched a $1.75 billion tender offer Thursday, putting $80 to $92 per share in cash on the table as part of a push to accelerate its buyback. Shares jumped 10.9%, ending the session at $92.94, Reuters reported. This comes as software stocks have been under heavy pressure. Since late October, the S&P 500 software index has dropped 28%, with AI's potential to shake up the sector fueling investor anxiety. “I don’t think the buybacks are enough,” said Peter Tuz, president of Chase Investment Counsel.
March 6, 2026
1 … 27 28 29 30 31 … 51