Finance 27 April 2026

ANZ Group Holdings Faces New Cost Fight as Regional Banks Push $153 Million Branch Plan
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ANZ Group Holdings Faces New Cost Fight as Regional Banks Push $153 Million Branch Plan

Australia’s Regional Banking Investment Alliance has urged the government to require major banks, including ANZ, to fund face-to-face regional branch services through a levy estimated at A$153 million. The push comes as ANZ prepares to report half-year results on May 1. Regional banks claim they are losing revenue as customers use their services for transactions while holding accounts with larger banks. The proposal would exempt smaller banks with less than 1% of industry assets.
April 27, 2026
Fortescue Ltd China Iron Ore Deal Nears as CMRG Tests ASX:FMG Pricing Power
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Fortescue Ltd China Iron Ore Deal Nears as CMRG Tests ASX:FMG Pricing Power

Fortescue Ltd is nearing a supply deal with China’s state-backed iron ore buyer, Bloomberg reported, as Beijing seeks greater control over pricing. Fortescue shipped 48.4 million tonnes in the March quarter, up 5% year-on-year, but cut Iron Bridge guidance after cyclone disruptions. Shares closed at A$19.77 on Monday. The board approved a US$680 million green energy project in the Pilbara, targeting completion by 2028.
April 27, 2026
CSL Shares Bounce After Buyback Tops 6 Million, But Pentagon Flu Vaccine Shock Lingers
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CSL Shares Bounce After Buyback Tops 6 Million, But Pentagon Flu Vaccine Shock Lingers

CSL Limited has repurchased over 6 million shares for about A$1.024 billion as of Monday, amid a sharp stock decline and ongoing buyback program. The company’s shares closed at A$131.82, just above last week’s 52-week low, after the U.S. scrapped its military flu vaccine mandate, affecting CSL’s key Seqirus unit. Half-year profit fell 81% to US$401 million. Gordon Naylor was named interim CEO in February.
April 27, 2026
Woodside Energy Stock Slips Before Q1 Report as CEO Pay Revolt Tests New Boss
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Woodside Energy Stock Slips Before Q1 Report as CEO Pay Revolt Tests New Boss

Woodside Energy shares closed down 1.47% at A$32.13 on Monday, ahead of its first-quarter report due April 29. Nearly 35% of shareholders opposed the CEO’s FY26 long-term incentive award at last week’s AGM, reflecting governance concerns. Investors are focused on production guidance and progress at the Scarborough and Louisiana LNG projects. All AGM resolutions passed despite the protest vote.
April 27, 2026
Rachel Reeves Cash ISA Shake-Up: Skipton’s 4.55% Deal Lands As Savers Face 2027 Tax Hit
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Rachel Reeves Cash ISA Shake-Up: Skipton’s 4.55% Deal Lands As Savers Face 2027 Tax Hit

Skipton Building Society launched an 18-month fixed-rate cash ISA at 4.55% AER, ahead of new rules that will cut the annual cash ISA allowance for under-65s to £12,000 from April 2027. The government will also raise the tax rate on savings income by 2 percentage points that year. Skipton’s account requires a £500 minimum and does not allow withdrawals during the term. Average one-year fixed ISA rates hit 4.01% in April.
April 27, 2026
3i Group plc Shares Slide Again as Action Growth Fears Put May Results in Focus
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3i Group plc Shares Slide Again as Action Growth Fears Put May Results in Focus

3i Group shares closed down 1.43% at 2,590 pence on Monday, more than 42% below their October 2025 high, ahead of results due May 14. The stock trades about 15% below analysts’ median net asset value estimate, as investors focus on growth at Action, its key Dutch retail holding. Action reported slower like-for-like sales growth but plans at least 400 new stores this year.
April 27, 2026
Diageo Shares Slip Before May 6 Update: Dave Lewis’ Turnaround Has Little Room for Error
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Diageo Shares Slip Before May 6 Update: Dave Lewis’ Turnaround Has Little Room for Error

Diageo shares fell 0.57% to 1,462.6 pence in London ahead of a May 6 trading update. The company expects fiscal 2026 organic net sales to drop 2–3% and operating profit to be flat or slightly higher. First-half net sales fell 4% to $10.46 billion, with net debt at $21.7 billion and a cut to the interim dividend. A Kenyan court cleared Diageo’s $2.3 billion sale of East African Breweries to Asahi.
April 27, 2026
Haleon stock in focus as Google exec hire and £500 million buyback put Sensodyne maker before Q1 test
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Haleon stock in focus as Google exec hire and £500 million buyback put Sensodyne maker before Q1 test

Haleon named ex-Google executive Richard Manso as U.S. chief marketing officer ahead of its April 29 trading statement. The Sensodyne maker is conducting a £500 million share buyback, purchasing 8.44 million shares last week. Haleon shares closed down 1.38% at 350 pence Monday, lagging the FTSE 100. Manso will report to U.S. CEO Nathalie Gerschtein.
April 27, 2026
Prudential PLC Buyback Puts Its $1.2 Billion Shareholder-Return Plan Back in Focus
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Prudential PLC Buyback Puts Its $1.2 Billion Shareholder-Return Plan Back in Focus

Prudential bought back 287,211 ordinary shares in London on April 24 as part of its $1.2 billion 2026 buyback programme, according to a regulatory filing Monday. The shares, purchased at an average price of £11.2041 each through J.P. Morgan Securities, will be cancelled. Prudential will have 2,522,120,122 shares in issue after the cancellation. The company expects to announce its 2025 second interim dividend on April 28.
April 27, 2026
National Grid plc Stock Slips as Britain’s Clean-Power Push Puts Grid Giant Back in Focus
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National Grid plc Stock Slips as Britain’s Clean-Power Push Puts Grid Giant Back in Focus

National Grid shares closed down 0.11% at 1,293.60p in London on Monday, with 6.2 million shares traded. Investors are assessing the company’s role as the UK accelerates renewables and grid upgrades. National Grid reports full-year results on May 14 after flagging a roughly 1p hit to underlying earnings per share. The stock remains up over 20% year-on-year.
April 27, 2026
IAG’s €500 Million Buyback Faces A Jet-Fuel Test As British Airways Fares Rise
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IAG’s €500 Million Buyback Faces A Jet-Fuel Test As British Airways Fares Rise

International Consolidated Airlines Group SA bought 13.76 million shares last week and confirmed the cancellation of 115.53 million treasury shares, reducing its share capital to €461.17 million. The company said it will raise ticket prices as jet fuel costs have surged to $150–$200 a barrel. IAG’s London shares closed at 373.90 pence, down 0.66%. Airlines across Europe are also raising fares and warning of higher losses.
April 27, 2026
Why Ceres Power Shares Jumped Again as AI Data Centres Scramble for Power
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Why Ceres Power Shares Jumped Again as AI Data Centres Scramble for Power

Ceres Power shares jumped 10% to 555.50 pence in London Monday, leading FTSE 250 risers and bringing gains to 81% over the past month. The move follows the launch of its Endura solid oxide platform aimed at data centres facing grid delays. Ceres reported 2025 revenue down 37% to £32.6 million but booked its first royalties and £45 million in contracted 2026 revenue. The company licenses its technology to partners including Doosan and Shell.
April 27, 2026
FTSE 100 Falls Again as Oil Shock Puts UK Stock Market on Edge Today
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FTSE 100 Falls Again as Oil Shock Puts UK Stock Market on Edge Today

The FTSE 100 fell 0.6% to 10,321.09, marking its sixth straight loss, as energy and consumer stocks dropped. Shell slid 1.7% after announcing a $16.4 billion deal to buy Canada’s ARC Resources. Sainsbury lost 3.3% following a Goldman Sachs downgrade, while Marks & Spencer dropped 4.7%. Brent crude rose 3% to $108.46 a barrel as U.S.-Iran talks stalled.
April 27, 2026
ITM Power PLC Shares Slide 7% As NATO-Fuel Rally Runs Into First Test
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ITM Power PLC Shares Slide 7% As NATO-Fuel Rally Runs Into First Test

ITM Power shares dropped 7.4% to 143.30p in London Monday, with over 13 million shares traded after a sharp April rally. The fall followed news of a strategic deal with Rheinmetall for NATO e-fuel plants and recent UK government funding pledges. Retail investors remained active, with buy trades making up 76% of Interactive Investor activity. ITM shares had more than doubled since April 10 before Monday’s pullback.
April 27, 2026
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Stock Market Today

  • Is Dusk Group Limited (ASX:DSK) Undervalued Amid Strong Earnings Growth Outlook?
    May 30, 2026, 7:11 PM EDT. Dusk Group Limited (ASX:DSK), a small-cap stock, has experienced notable price volatility recently, fluctuating between AU$0.71 and AU$0.99. Currently trading at around AU$0.75 with a price-to-earnings (P/E) ratio of 9.53 versus the industry average of 13.85, DSK appears undervalued. The company's projected earnings growth of 61% over the next few years signals a robust future outlook. However, its high beta suggests share price volatility could lead to further declines, posing both risk and opportunity. Investors may find this an attractive entry point, as the optimistic profit expectations have yet to be fully priced in. Careful consideration of Dusk Group's financial health remains necessary before increasing holdings or initiating a position.