News 30 April 2026

BridgeBio shares slip as 2031 drug pricing risk pops up
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BridgeBio shares slip as 2031 drug pricing risk pops up

BridgeBio Pharma shares fell 2.8% to $67.18 after Raymond James downgraded the stock, citing payer-driven risks for its heart drug Attruby. The downgrade follows concerns that insurers may favor cheaper generics as Pfizer’s Vyndamax nears loss of exclusivity in 2031. BridgeBio reported $194.5 million in Q1 revenue, mostly from Attruby, and approved a $500 million buyback. The stock lagged biotech sector gains Tuesday.
May 26, 2026
UK Stock Market Today: FTSE 100 Jumps as BoE Hold, Rolls-Royce and Glencore Drive London Rally
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UK Stock Market Today: FTSE 100 Jumps as BoE Hold, Rolls-Royce and Glencore Drive London Rally

The FTSE 100 rose 1.6% to 10,378.82 after the Bank of England kept rates at 3.75%, while the FTSE 250 gained 1.2%. Rolls-Royce surged 7.6% on steady profit guidance; United Utilities hit a record after raising its investment plan. Glencore reported a 19% rise in copper output. Weir Group declined after a drop in orders and a CEO change.
April 30, 2026
Weir Group Shares Drop: CEO Exit, Soft Orders Rattle Mining Tech Stock
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Weir Group Shares Drop: CEO Exit, Soft Orders Rattle Mining Tech Stock

Weir Group shares fell as much as 10% after CEO Jon Stanton announced he will step down in August and the company reported a 3% drop in organic first-quarter orders. Headline orders rose 4% on a constant-currency basis, but demand in the Minerals division was hit by mine disruptions in Asia-Pacific and Africa. Andrew Neilson will succeed Stanton as CEO. Weir reiterated its 2026 financial outlook.
April 30, 2026
Prudential plc’s $686 Million Quarter Puts Asia Growth — and Inflation Risk — Back in Focus
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Prudential plc’s $686 Million Quarter Puts Asia Growth — and Inflation Risk — Back in Focus

Prudential plc reported a 10% rise in first-quarter new business profit to $686 million, driven by growth in Hong Kong and mainland China. Annual premium equivalent sales increased 6% to $1.823 billion. The company warned that higher energy-linked inflation could dampen demand in some smaller ASEAN markets. Prudential shares closed down 0.41% in London, underperforming the FTSE 100.
April 30, 2026
British American Tobacco p.l.c. Faces Fresh UK Smoking Ban Test After Royal Assent
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British American Tobacco p.l.c. Faces Fresh UK Smoking Ban Test After Royal Assent

Britain’s Tobacco and Vapes Bill became law April 29, banning tobacco sales to anyone born on or after Jan. 1, 2009. British American Tobacco shares rose 1.5% to 4,323 pence in London Thursday. The law increases pressure on BAT’s cigarette business as it shifts focus to vapes and nicotine pouches. The act also gives ministers new powers to restrict vape marketing and packaging.
April 30, 2026
NatWest’s Climate Revolt Hits Before Q1 Results: What Investors Need To Watch
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NatWest’s Climate Revolt Hits Before Q1 Results: What Investors Need To Watch

NatWest Chairman Rick Haythornthwaite was re-elected with 92.09% support at the AGM, the lowest backing among 25 resolutions, after climate policy protests forced a half-hour adjournment. Investors cited concerns over NatWest softening fossil-fuel lending rules. The bank reports first-quarter results on May 1, with consensus forecasting £4.31 billion in income and £1.94 billion in operating profit.
April 30, 2026
Reckitt Benckiser Stock Is Rebounding — But One Cost Shock Could Still Bite
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Reckitt Benckiser Stock Is Rebounding — But One Cost Shock Could Still Bite

Reckitt Benckiser shares rose 0.93% to 4,686p Thursday but remain down 7.61% over one month and 19.64% over three months. The company missed Q1 sales forecasts, posting 1.3% core growth versus 2.9% expected, and warned first-half margins will drop by about 200 basis points. Emerging markets grew 7.6%, while Europe fell 4.2%. Mead Johnson Nutrition remains up for sale.
April 30, 2026
London Stock Exchange Group’s FTSE Russell Shake-Up Starts Today as Russell Index Rebalance Enters New Phase
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London Stock Exchange Group’s FTSE Russell Shake-Up Starts Today as Russell Index Rebalance Enters New Phase

FTSE Russell began its 2026 Russell U.S. index reconstitution on April 30, with final changes set for June 26. The process returns to a semi-annual schedule this year, with preliminary changes due May 22. LSEG reported a 9.8% rise in first-quarter income and expanded its index partnership with LPX AG on April 28. About $19.89 trillion is benchmarked to FTSE Russell indexes.
April 30, 2026
Imperial Brands PLC Buyback Pushes On as May 12 Profit Test Looms
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Imperial Brands PLC Buyback Pushes On as May 12 Profit Test Looms

Imperial Brands bought back 186,163 shares for cancellation on Wednesday, part of a £1.45 billion repurchase plan. The company’s shares rose 1.15% to 2,803p in London after recent losses tied to market-share and profit concerns. Imperial expects at least £2.2 billion in free cash flow for FY26 and has completed £0.7 billion of the buyback so far. Next generation products remain loss-making despite growth in vaping and heated tobacco.
April 30, 2026
Rio Tinto’s Brazil Bauxite Bet Clears Key Permit as Mining Money Floods In
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Rio Tinto’s Brazil Bauxite Bet Clears Key Permit as Mining Money Floods In

Mineração Rio do Norte, backed by Rio Tinto, secured an installation licence from Brazil’s IBAMA for its Novas Minas bauxite project, allowing construction at five new sites in Pará. The permit supports MRN’s plan to invest 9 billion reais through 2041 and target annual output of 12.5 million metric tons. Norway’s sovereign wealth fund remains engaged over deforestation concerns tied to the project’s planned expansion.
April 30, 2026
GSK Shares Bounce After Shingrix Surge, But Investors Spot One Big Catch
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GSK Shares Bounce After Shingrix Surge, But Investors Spot One Big Catch

GSK shares rose 1.04% to 1,938 pence in London Thursday after a first-quarter profit beat, following a 5.42% drop Wednesday. Quarterly turnover climbed 5% to £7.63 billion, with Shingrix vaccine sales up 20% to £1 billion, beating forecasts. GSK held its 2026 guidance and did not raise its outlook. Investors questioned whether the earnings beat was driven by one-off factors.
April 30, 2026
Anglo American’s Teck Merger Nears Its Last Big Hurdle as Copper Race Heats Up
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Anglo American’s Teck Merger Nears Its Last Big Hurdle as Copper Race Heats Up

Anglo American said its merger with Teck Resources is on track for completion between September 2026 and March 2027, pending Chinese antitrust approval. Anglo shareholders passed all 21 AGM resolutions, and shares rose 1.15% to 3,555.50 pence. Anglo’s Q1 copper output rose 1% to 170,400 tonnes; Teck’s copper output jumped 32% to 140,000 tons. The combined company would rank among the world’s top five copper producers.
April 30, 2026
United Utilities Group PLC Stock Hits Record After £800m Equity Raise Plan
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United Utilities Group PLC Stock Hits Record After £800m Equity Raise Plan

United Utilities shares hit a record high Thursday after announcing an £800 million equity raise and lifting its 2025-30 capital investment target to £11.5 billion. The company’s preliminary results showed underlying revenue up 20.1% to £2.576 billion, with operating profit rising 34.8% to £1.060 billion. Shares of Pennon and Severn Trent also gained sharply. United Utilities submitted £1.4 billion in extra investment to Ofwat.
April 30, 2026
KPMG’s $60 Million Pentagon Blow Triggers Full Exit From U.S. Federal Audits
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KPMG’s $60 Million Pentagon Blow Triggers Full Exit From U.S. Federal Audits

KPMG will exit U.S. federal audit work after losing a $60 million-a-year Pentagon contract, redeploying over 450 staff as remaining federal audit contracts wind down by 2030. The Pentagon, which has failed eight consecutive audits, is under pressure to achieve a clean audit by 2028. KPMG said the move reflects a shift toward advisory services. The Army was its largest federal audit client.
April 30, 2026
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Stock Market Today

  • Why Is Rolls-Royce Stock Trending Right Now
    May 26, 2026, 1:15 PM EDT. Rolls-Royce stock is drawing market attention amid evolving developments. Investors are watching the aerospace and defense firm's financial performance and strategic moves closely. Market trends reflect how external factors and company-specific news influence Rolls-Royce's share price. Analysts advise caution, noting that investment decisions should align with individual risk profiles and financial goals. Rolls-Royce's stock activity highlights broader themes in the aerospace sector and investor sentiment toward industrial manufacturers.