HSBC Hands Out 273,475 Conditional Share Awards to Staff
July 10, 2026, 5:04 AM EDT. HSBC Holdings plc said on July 9, 2026 that it granted conditional awards worth 273,474.85 ordinary shares under the International Employee Share Purchase Plan. The awards, which let employees buy shares on the London and Hong Kong Stock Exchanges, will vest in just over two years. No performance tests or clawbacks apply because the plan covers all staff. The grant price was set at zero, while shares traded at GBP 14.564 in London and HKD 152.30 in Hong Kong. HSBC can issue up to 10% of its share capital under the plan, and about 1.11 billion shares are still available. The bank said the awards are to motivate and tie staff interests to shareholders.
REG – HSBC Holdings PLC – Overseas Regulat…
ASX Finishes Up as US-Iran Talk; Telstra Drops on Apology
July 10, 2026, 4:46 AM EDT. The ASX closed up as investors reacted to headlines that the US and Iran will hold “technical talks”. Telstra shares traded lower after CEO Vicki Brady came back to Australia to apologise for the recent national outage. Traders kept a close eye on diplomatic moves and company struggles.
The ASX finished trading moderately higher…
Rolls-Royce Hits £14; DCF Model Points to 38% Upside
July 10, 2026, 4:32 AM EDT. Rolls-Royce Holdings shares climbed past £14 on July 10, 2026, after a discounted cash flow model valued the stock 38% above its market cap. Analysts project annual free cash flow growth of 16% through 2028, then 8%. The DCF used a 10.5% discount rate, matching the firm’s weighted average cost of capital. But investors face risks if relying on the valuation alone, since swings in assumptions can change the outlook. Ongoing market uncertainty is still in play for Rolls-Royce stock.
Stock Market Today: Live Updates 10.07.202…
Gold Miners Turn Back to Hedging as Prices Swing
July 10, 2026, 4:31 AM EDT.Gold miners are back to hedging after big swings in prices. Spot gold dropped sharply from US$5,500 to near US$4,115 an ounce. Catalyst Metals ASX:CYL started new hedge contracts, locking in the sale of 30,000 ounces at A$6,075/oz, about 25% of its yearly output. Hedging had fallen out of favor after miners were burned by soaring prices, but now it’s seen as a way to guard against declines. Some smaller miners are opting for put options, paying up for downside cover but leaving the upside. These moves follow uncertainty from inflation and geopolitical worries, with ASX gold producers shifting toward a more cautious approach.
Gold Digger: Hedging is not a dirty word
Rolls-Royce Trades Over £14 as DCF Puts Fair Value Higher
July 10, 2026, 4:00 AM EDT. Rolls-Royce Holdings is trading above £14 today, with DCF modeling pointing to a fair value 38% over the company’s current market cap. Analysts see free cash flow growing at an average of 16% each year through 2028, then slowing to 8%. The model uses a 10.5% discount rate set to match Rolls-Royce’s weighted average cost of capital. DCF estimates are sensitive to the inputs, with the final value varying a lot if key assumptions shift. This brings risk for anyone looking only at DCF when deciding on Rolls-Royce shares for the long haul. Broader uncertainties stay in play.
