News 4 May 2026

New Century Logistics Stock Ticks Higher Before Nasdaq Reopens After Holiday
····

New Century Logistics Stock Ticks Higher Before Nasdaq Reopens After Holiday

New Century Logistics (BVI) Limited traded at $19.65 in early U.S. premarket action Tuesday, up 48 cents from the previous close, as Nasdaq reopened after Memorial Day. Only 246 shares changed hands premarket, compared to an average daily volume of about 4,670. The company posted a net loss of $10.73 million for fiscal 2025 on revenue of $44.1 million, with gross margin dropping to 0.37%.
May 26, 2026
Reckitt Benckiser Group plc Hit by Fresh Profit Slump as Dettol Owner’s Margin Test Deepens
···

Reckitt Benckiser Group plc Hit by Fresh Profit Slump as Dettol Owner’s Margin Test Deepens

Reckitt Benckiser’s Bangladesh unit posted a 28.31% drop in first-quarter profit to Tk10.99 crore, with revenue down to Tk132.61 crore from Tk147.34 crore. Earnings per share fell to Tk23.26 from Tk32.45. Parent company sales growth missed analyst expectations, and first-half margins are forecast to be two percentage points lower than last year. Demand for hygiene brands in Bangladesh has eased since the pandemic.
May 4, 2026
Glencore Stock in Focus as Berenberg Sticks With Buy After 19% Copper Output Jump
····

Glencore Stock in Focus as Berenberg Sticks With Buy After 19% Copper Output Jump

Berenberg reaffirmed its Buy rating on Glencore after the company reported a 19% jump in first-quarter copper output to 199,600 tonnes. London trading was halted for the Early May Bank Holiday, delaying market response. Glencore’s trading arm is on track to exceed its long-term earnings guidance. Cobalt output fell 39% as Congo operations prioritized copper.
May 4, 2026
Anglo American plc Share Count Update Puts Teck Copper Megadeal Back in Focus
···

Anglo American plc Share Count Update Puts Teck Copper Megadeal Back in Focus

Anglo American reported total voting rights of 1,178,050,272 as of April 30, with no shares in treasury, amid its pending merger with Teck Resources. The London Stock Exchange was closed May 4 for a holiday; Anglo last traded at 3,590 pence on May 1. The Teck deal, agreed in September, would give Anglo shareholders 62.4% of the combined group. China antitrust approval remains the key hurdle for the merger.
May 4, 2026
GSK Wins Paxil Trademark Fight in India, But Its Bigger Test Is Still Ahead
····

GSK Wins Paxil Trademark Fight in India, But Its Bigger Test Is Still Ahead

The Bombay High Court ordered Shreya Life Sciences to remove its registration of the Paxil trademark, siding with Glaxo Group Limited, part of GSK. The court found Shreya had not used the mark since registering it in 2005. GSK’s ADRs fell 1.2% to $51.01 in early New York trading. Investors remain focused on GSK’s vaccine and HIV businesses rather than the trademark ruling.
May 4, 2026
Halma plc Nears 52-Week High After Deal Moves — Why June 11 Now Matters
···

Halma plc Nears 52-Week High After Deal Moves — Why June 11 Now Matters

Halma plc shares closed at £45.27 on Friday, up 2.72%, just 1.15% below their 52-week high, as the FTSE 100 slipped 0.14%. The London Stock Exchange is closed Monday for the Early May Bank Holiday, leaving Friday’s close as the last price before Halma’s June 11 results. Halma recently sold Cardios in Brazil and bought California-based Surgistar. The share price now sits above the average analyst target.
May 4, 2026
Shell Plc Bets Bigger On Gulf Of Mexico As Ineos Tie-Up Puts Fort Sumter Back In Play
···

Shell Plc Bets Bigger On Gulf Of Mexico As Ineos Tie-Up Puts Fort Sumter Back In Play

Shell and Ineos Energy are advancing oil and gas exploration near the Appomattox platform in the Gulf of Mexico, including development of the Fort Sumter discovery, The Times reported. The move comes as Shell faces scrutiny over reserve replacement and follows its $14 billion deal to buy Canada’s ARC Resources. Ineos gained its Appomattox stake after acquiring CNOOC’s Gulf assets in April 2025. Shell holds a 79% interest in Appomattox, Ineos 21%.
May 4, 2026
Barclays Reverses 2026 Fed Call as Oil Shock Forces Wall Street Reset
···

Barclays Reverses 2026 Fed Call as Oil Shock Forces Wall Street Reset

Barclays has dropped its forecast for a U.S. Federal Reserve rate cut in 2026, citing higher oil prices and persistent inflation. The bank now expects Brent crude to peak at $115 a barrel in Q2 and headline PCE inflation to reach 3.8% next year. Barclays’ new outlook aligns with recent shifts by Morgan Stanley, J.P. Morgan, and HSBC. London trading was closed Monday for a UK holiday.
May 4, 2026
Imperial Brands Buyback Keeps £1.45 Billion Cash Return in Focus Before Key Results
···

Imperial Brands Buyback Keeps £1.45 Billion Cash Return in Focus Before Key Results

Imperial Brands bought back 220,000 shares for cancellation on May 1, spending about £6.2 million at an average price of 2,802.05 pence each. The London market is closed for the Early May bank holiday, with the next trading session set for Tuesday ahead of Imperial’s May 12 half-year results. Investors are watching for updates on cash returns and market-share pressures. Imperial shares last closed at 2,816.50 pence.
May 4, 2026
NatWest Profit Jump Runs Into a £140 Million Warning Before Tuesday Reopen
···

NatWest Profit Jump Runs Into a £140 Million Warning Before Tuesday Reopen

NatWest reported a first-quarter pre-tax profit of £2.03 billion, up 12.2%, and raised its 2026 income outlook, but booked a £283 million loan impairment charge after cutting UK growth forecasts. Trading in NatWest is paused for the Early May Bank Holiday, leaving Friday’s stock drop as the last market signal. Investors are weighing stronger lending income against higher credit risk.
May 4, 2026
HSBC Holdings Plc’s Indonesia Exit Hands OCBC 336,000 Clients Before Earnings Test
···

HSBC Holdings Plc’s Indonesia Exit Hands OCBC 336,000 Clients Before Earnings Test

HSBC will sell its Indonesian wealth and premier banking business to OCBC’s local unit, transferring 336,000 clients and S$6.6 billion in assets. The deal includes IDR89.8 trillion in assets under management and a small retail loan book. The price, not yet disclosed, will include a premium of up to S$480 million. OCBC expects to close the transaction in Q2 2027, pending conditions.
May 4, 2026
Unilever’s India Rally Puts Its Price-Hike Plan Under Fresh Scrutiny
···

Unilever’s India Rally Puts Its Price-Hike Plan Under Fresh Scrutiny

Hindustan Unilever shares climbed 2.6% to ₹2,309.05 on Monday, outpacing India’s market after Unilever’s global cost warnings and price hike plans. Unilever reported 7% sales growth in India and began a €1.5 billion share buyback. The company faces €750–900 million in expected cost inflation this year, with price increases likely to continue. Unilever’s London shares rose 2.56% on Friday to £44.07.
May 4, 2026
Lloyds Bank Is Closing 37 Branches Next Month as Digital Banking Push Faces Fresh Test
···

Lloyds Bank Is Closing 37 Branches Next Month as Digital Banking Push Faces Fresh Test

Lloyds Bank will close 37 UK branches in June amid a broader shift to digital banking, weeks after a March app glitch exposed customer transaction data. The closures affect Lloyds, Halifax, and Bank of Scotland sites. Lloyds shares were not trading Monday due to the Early May Bank Holiday. The bank says falling branch use and customer demand for digital services drive the move.
May 4, 2026
ideaForge Stock Hits 20% Upper Circuit After Profit Swing: Why the Drone Maker Is Back Above IPO Price
···

ideaForge Stock Hits 20% Upper Circuit After Profit Swing: Why the Drone Maker Is Back Above IPO Price

ideaForge Technology shares hit their 20% daily price cap Monday after the drone maker reported a March-quarter net profit of ₹59.99 crore, reversing a loss a year earlier. Revenue surged 594% to ₹141.04 crore, driven by defence orders. The stock closed at ₹731.10 on BSE, above its IPO price. IIFL upgraded the stock to “buy” and raised its target price to ₹1,187.
May 4, 2026
Vedanta’s 60% ‘Crash’ Wasn’t a Crash: Five-Way Demerger Sets Up Next Stock Test
···

Vedanta’s 60% ‘Crash’ Wasn’t a Crash: Five-Way Demerger Sets Up Next Stock Test

Vedanta Ltd shares jumped 8.5% to ₹294.65 on Monday, rebounding after last week’s demerger price reset. The stock had dropped over 60% on April 30 as four businesses were spun out, with new listings expected by mid-June. Vedanta’s Q4 profit after tax rose 89% to ₹9,352 crore, and revenue increased 29% to ₹51,524 crore. The company now trades ex-demerger, with shareholders set to receive shares in each new entity.
May 4, 2026
McDonald’s Six New Drinks Hit Menus This Week as the Beverage War Heats Up
···

McDonald’s Six New Drinks Hit Menus This Week as the Beverage War Heats Up

McDonald’s will add six specialty drinks, including fruit refreshers and “dirty sodas,” to U.S. menus on Wednesday, aiming to boost traffic with beverages as stand-alone items. The move follows tests in over 500 locations and comes as rivals like Starbucks and Taco Bell expand drink offerings. The new lineup includes boba and cold foam options. Some early reviews noted inconsistent fruit sizes and lid fit.
May 4, 2026
BPCE Buys Novo Banco For €6.7 Billion — Why The Portugal Deal Matters Now
···

BPCE Buys Novo Banco For €6.7 Billion — Why The Portugal Deal Matters Now

France’s BPCE has completed its €6.7 billion acquisition of Novo Banco, taking full ownership from Lone Star Funds, the Portuguese state, and the Resolution Fund. The deal makes Portugal BPCE’s second domestic retail market. Portugal’s government received €1.673 billion for its 25% stake, marking its exit from Novo Banco, which was created in 2014 after Banco Espírito Santo’s collapse.
May 4, 2026
iPhone 18 Pro Price Surprise: Apple May Keep Base Models Flat While AI Costs Bite
···

iPhone 18 Pro Price Surprise: Apple May Keep Base Models Flat While AI Costs Bite

Apple may keep base prices for the iPhone 18 Pro and Pro Max at $1,099 and $1,199 in the U.S. this fall despite rising memory and storage costs, according to analyst Jeff Pu. Higher storage versions could see price increases. Reports also point to a smaller Dynamic Island and new camera features in iOS 27. Apple’s WWDC26 runs June 8–12 and will highlight AI and software updates.
May 4, 2026
BASF Stock’s Dividend Payday Has a Catch as Barclays Sees 26% Downside
···

BASF Stock’s Dividend Payday Has a Catch as Barclays Sees 26% Downside

BASF shares rose 3.09% to 54.11 euros midday Monday, outperforming the DAX despite trading ex-dividend. Shareholders approved a 2.25-euro dividend and major restructuring, including the hive-down of Agricultural Solutions. BASF’s dividend yield stands at 5.06%, leading its sector. Barclays kept an “Underweight” rating, citing limited near-term upside and a 40-euro price target.
May 4, 2026
Heating Oil Prices Face Fresh Shock as Brent Jumps on Hormuz Tensions
···

Heating Oil Prices Face Fresh Shock as Brent Jumps on Hormuz Tensions

Brent crude rose $5.52 to $113.69 a barrel Monday after reports of a U.S. warship incident near the Strait of Hormuz, pushing German heating-oil prices higher. U.S. President Trump announced a plan to assist ships stranded in the strait. OPEC+ agreed to a modest June output hike, but analysts say Hormuz disruptions limit real supply increases. German households face rising heating-oil costs as market volatility continues.
May 4, 2026
1 … 59 60 61 62 63 … 345

Stock Market Today

  • Gem Resources Addresses London Stock Market Listing Rumors
    May 26, 2026, 6:30 AM EDT. Gem Resources has moved to reassure investors amid speculation about a potential listing on the London Stock Exchange. The company emphasized that there is no official confirmation regarding the listing at this time, aiming to curb rumors that have affected its stock activity. Gem Resources highlighted ongoing commitments to transparent communication and investor confidence. This statement follows a period of market attention focused on the company's prospects in international equity markets. Investors are advised to monitor official announcements for verified updates.