Finance 16 February 2026

CSL Limited Breaks Ground on $1.5 Billion Illinois Plant as Turnaround Pressure Builds

CSL Limited Breaks Ground on $1.5 Billion Illinois Plant as Turnaround Pressure Builds

CSL Limited has begun a $1.5 billion expansion of its Kankakee, Illinois, manufacturing site, aiming to add at least 300 jobs and boost plasma-derived therapy output by 2031. The move follows an 81% drop in first-half profit and recent leadership changes. CSL also repurchased 62,472 shares for about A$9.1 million on March 10. Shares closed at A$144.56 Tuesday, up 1.65% but near a 52-week low.
March 11, 2026
Persimmon share price today: PSN dips as Rightmove flags flat UK asking prices, Zoopla deal in focus

Persimmon share price today: PSN dips as Rightmove flags flat UK asking prices, Zoopla deal in focus

Persimmon shares fell 0.5% to 1,512.5 pence by 1048 GMT, tracking declines in UK housebuilders after Rightmove reported flat February asking prices. Rightmove’s data showed average new-home asking prices at £368,019, nearly unchanged from January, with listings at an 11-year high. Investors await Persimmon’s March 10 results for updates on sales and pricing.
February 16, 2026
BT share price slides in London as investors size up Openreach shift and fibre economics

BT share price slides in London as investors size up Openreach shift and fibre economics

BT shares fell 1.2% to 207.8 pence by mid-morning Monday, trailing a firmer FTSE 100. Investors focused on Openreach customer churn, fibre connections, and cash-flow targets ahead of BT’s full-year results in May. A recent management reshuffle put Katie Milligan in charge of Openreach as the fibre build nears completion. BT last reported a 4% revenue drop and 571,000 net fibre connections for the quarter.
February 16, 2026
Barratt Redrow share price drops as UK housing signals cool and brokers trim targets

Barratt Redrow share price drops as UK housing signals cool and brokers trim targets

Barratt Redrow shares fell 2.5% to 379.2 pence in London after Rightmove reported flat UK asking prices and an 11-year high in homes for sale. The builder disclosed further buybacks, while brokers including Deutsche Bank and Citigroup cut price targets following last week’s results. Barratt Redrow recently reduced its interim dividend and posted a 13.6% drop in first-half adjusted pre-tax profit.
February 16, 2026
United Utilities share price today: UU.L steadies near a 52-week peak as UK inflation week kicks off

United Utilities share price today: UU.L steadies near a 52-week peak as UK inflation week kicks off

United Utilities shares edged up 0.04% to 1,363.5p in early London trading Monday, with no new company statements issued. Investors focused on upcoming UK inflation and retail sales data, which could influence Bank of England rate expectations and demand for defensive stocks. Severn Trent and Pennon moved in mixed directions. The FTSE 100 rose 0.41% by mid-morning.
February 16, 2026
Centrica share price edges up as British Gas owner flags £1m winter support ahead of results

Centrica share price edges up as British Gas owner flags £1m winter support ahead of results

Centrica shares rose about 0.3% to 191.97 pence in early London trading after the company highlighted new winter support for British Gas customers in energy debt. Centrica reports full-year results and shifts to new reporting lines on Feb. 19. The company says it has paid out over £1 million in grants this winter and committed more than £140 million in voluntary support since 2021.
February 16, 2026
BAE Systems share price jumps back above 2,000p on UK defence spend talk, buyback update

BAE Systems share price jumps back above 2,000p on UK defence spend talk, buyback update

BAE Systems shares rose about 2% in early London trading Monday, crossing back above 2,000 pence after reports Britain may accelerate defence spending. The move followed signals from Prime Minister Keir Starmer and a BBC report on possible faster progress toward a 3% GDP target. Investors await BAE’s full-year results later this week for guidance and cash-return updates.
February 16, 2026
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