Finance 18 May 2026 - 19 May 2026

Heritage Financial Stock Is Quiet Now, but One Bank Margin Test Could Decide What Comes Next
····

Heritage Financial Stock Is Quiet Now, but One Bank Margin Test Could Decide What Comes Next

Heritage Financial Corp. shares closed at $27.25 Friday, down 0.33%, lagging bank sector gains as investors weighed the impact of its Olympic Bancorp acquisition. First-quarter net income was $18.9 million, with net interest margin rising to 3.96%. Management expects cost savings after completing systems integration in Q3. A recent SEC filing disclosed a cybersecurity incident involving an internal file-share server.
May 30, 2026
Unilever Shares Edge Up After Jefferies Warning, CEO Pay and Buybacks Back in Focus
····

Unilever Shares Edge Up After Jefferies Warning, CEO Pay and Buybacks Back in Focus

Unilever shares rose 1.4% to 4,316 pence in early London trading Tuesday, outpacing the FTSE 100. The move followed a regulatory filing showing CEO Fernando Fernandez and CFO Srinivas Phatak received share awards worth about £4.9 million and £2.75 million, respectively. Jefferies cut its target price on the stock, citing activist pressure and ongoing portfolio changes.
May 19, 2026
Rolls-Royce Stock Jumps Again as Traders Test the FTSE Comeback Bet
····

Rolls-Royce Stock Jumps Again as Traders Test the FTSE Comeback Bet

Rolls-Royce shares climbed 2.2% to 1,183.2 pence in early London trading Tuesday, outperforming the FTSE 100. The stock remained below its 52-week high as investors focused on recovering airline engine flying hours and upcoming share buybacks. UK payrolls fell by 100,000 in April and unemployment rose to 5.0%. Analyst consensus puts Rolls-Royce’s 2026 underlying EBIT at £4.13 billion.
May 19, 2026
HSBC Braces for Key Week With UK Regulatory Change and Asia Growth in Focus
····

HSBC Braces for Key Week With UK Regulatory Change and Asia Growth in Focus

HSBC shares slipped 1.40 pence to 1,336.20 in early London trading Tuesday, as Britain unveiled reforms to bank ring-fencing rules and the bank launched a $4 billion clean-tech lending facility in China. The FTSE 100 rose 0.46%. HSBC holds its Asia investor seminar Wednesday, with leaders set to outline growth plans. Barclays opposed the UK reforms, while NatWest and Santander UK welcomed them.
May 19, 2026
Elders Drops 23% in Sydney Despite Higher Profit as Investors React to Costs
····

Elders Drops 23% in Sydney Despite Higher Profit as Investors React to Costs

Elders Limited shares plunged 22.92% to A$5.55 on Monday, despite a 33% rise in first-half underlying EBIT to A$76.6 million. Investors punished the company for higher technology and corporate costs, with underlying earnings per share down 4% and return on capital falling to 10.7%. The S&P/ASX 200 dropped 1.45% to a seven-week low. Regular ASX trading resumes Tuesday at 9:59 a.m. AEST.
May 19, 2026
Woolworths Shares Hold Steady as Discount Worries Persist
····

Woolworths Shares Hold Steady as Discount Worries Persist

Woolworths shares closed flat at A$32.98 on Monday as the S&P/ASX 200 dropped 1.45% to a seven-week low. The company faces renewed scrutiny over supermarket discounting after new pricing data and Coles’ court loss on misleading promotions. Woolworths’ third-quarter update showed stronger food sales, but profit outlook remains cautious amid rising fuel costs and legal risks.
May 19, 2026
South32 Drops in Early Trading Ahead of ASX After $100m Copper Plan Raises Cost Worries
····

South32 Drops in Early Trading Ahead of ASX After $100m Copper Plan Raises Cost Worries

South32 closed at A$4.03, down 4.28% on Monday, as the S&P/ASX 200 fell 1.45% and materials stocks slumped. Sierra Gorda, 45% owned by South32, announced a $100 million, five-year copper exploration plan in Chile. Investors weighed the new copper push against ongoing cost concerns at South32’s Hermosa project in Arizona. The company also cut its fiscal 2026 production guidance.
May 19, 2026
Orica slips in dividend week, stock draws trader focus
···

Orica slips in dividend week, stock draws trader focus

Orica shares fell 2.3% to A$22.52 on Monday as the S&P/ASX 200 hit a seven-week low. The stock is set to trade ex-dividend on May 21 for a 28.5-cent interim payout. Orica reported first-half EBIT up 5% to A$512 million and completed a A$500 million share buyback. Management cited a volatile external environment but maintained positive full-year guidance.
May 18, 2026
Lynas Rare Earths spikes on China supply risk; ASX down
····

Lynas Rare Earths spikes on China supply risk; ASX down

Lynas Rare Earths rose 5.46% to A$18.93 on Monday, bucking a 1.45% drop in the S&P/ASX 200. The gain came as China’s rare-earth export controls and an Australian order forcing China-linked investors to sell Northern Minerals shares kept supply-chain risks in focus. Northern Minerals fell over 8% after the order. Lynas mines and processes rare earths in Australia and Malaysia.
May 18, 2026
Telstra Stock Bucks ASX Rout as Buyback Tops A$1.12 Billion
····

Telstra Stock Bucks ASX Rout as Buyback Tops A$1.12 Billion

Telstra shares closed up 0.56% at A$5.41 on Monday as the company disclosed a fresh buyback of 848,630 shares for A$4.57 million. The S&P/ASX 200 fell 1.45%, pressured by profit warnings from Brambles and Elders. Telstra has now spent about A$1.121 billion of its A$1.25 billion buyback program, which began in September 2025. The ASX cash market reopens Tuesday at 9:59 a.m. AEST.
May 18, 2026
Xero Stock to Watch After A$550 Million Buyback, Melio Margin Concerns
····

Xero Stock to Watch After A$550 Million Buyback, Melio Margin Concerns

Xero shares fell 2.0% to A$78.07 Monday ahead of the ASX open, as investors weighed a planned A$550 million buyback against weaker profit and lower margins tied to its U.S. expansion. FY26 net profit dropped 27% to NZ$167.4 million, while revenue rose 31% to NZ$2.75 billion. The company added 110,000 U.S. customers and integrated Melio payments. Trading resumes Tuesday with no holiday closures scheduled.
May 18, 2026
Northern Star Shares Slip While Gold Miners Face Pressure
·····

Northern Star Shares Slip While Gold Miners Face Pressure

Northern Star Resources closed at A$20.00 on Monday, down 2.44%, after hitting A$19.53 intraday as gold miners fell amid rising bond yields. The ASX Gold Sub-Index dropped 4.0%, with Evolution Mining down 4.6%. Northern Star reaffirmed FY26 guidance of over 1.5 million ounces sold at AISC of A$2,600–A$2,800 per ounce. The KCGM mill expansion remains on track for early FY27 commissioning.
May 18, 2026
Evolution Mining Stock Just Fell 4.6% — Why Tuesday’s ASX Open Matters
······

Evolution Mining Stock Just Fell 4.6% — Why Tuesday’s ASX Open Matters

Evolution Mining shares closed down 4.56% at A$11.93 Monday amid a broad sell-off in Australian gold miners, with about 9 million shares traded. The stock is now well below its 52-week high of A$17.75. The S&P/ASX 200 fell 1.5% to 8,505.30, its weakest close since March 31. Gold miners dropped about 4% as investors questioned the outlook for bullion-driven earnings.
May 18, 2026
Santos Shares Rise After Alaska Oil Moves, Traders Eye Tuesday Open
····

Santos Shares Rise After Alaska Oil Moves, Traders Eye Tuesday Open

Santos shares rose 2.66% to A$8.09 on Monday after announcing first oil from the Pikka project in Alaska. The company expects output to reach 20,000 barrels a day in the coming weeks, targeting 80,000 barrels a day in the third quarter. The broader ASX 200 fell 1.45% as energy stocks outperformed on higher crude prices. Santos said Pikka production will be intermittent during late-stage commissioning.
May 18, 2026
1 … 29 30 31 32 33 … 212

Stock Market Today

  • Ferrari Stock Falls 35% Amid Launch of Divisive Electric Vehicle Model
    May 30, 2026, 3:20 AM EDT. Ferrari (NYSE:RACE) shares have dropped 35% since July despite a 64% rise over five years, prompting investor caution. The Italian luxury automaker recently unveiled its first full electric vehicle (EV), the Luce, marking a significant shift from its iconic brand image. Priced around €550,000, the Luce's appeal and resale value remain uncertain, sparking concerns about potential brand dilution and hefty research and development costs. Market analysts highlight that EVs will constitute 20% of Ferrari's sales by 2030, but the car's departure from traditional aesthetics is polarizing opinion among enthusiasts and experts. Investors should weigh these factors amid broader market volatility before deciding to buy or sell Ferrari stock.