Company news from ShareCast
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Baidu profits slide as AI transition weighs on legacy business
Tue 18 August 2026 12:52
(Sharecast News) - Baidu reported another drop in its financial performance in the second quarter on Tuesday, as rapid growth in artificial intelligence businesses failed to offset continued weakness across its legacy operations.
RHI Magnesita taps Gustavo Franco for CEO
Tue 18 August 2026 08:47
(Sharecast News) - Refractory products and services group RHI Magnesita said on Tuesday that chief executive Stefan Borgas will step down at the end of October and retire from executive roles, with Gustavo Franco appointed to succeed him from 1 November.
Kainos makes strong start to year, raises FY27 guidance
Tue 18 August 2026 07:07
(Sharecast News) - IT services provider Kainos said on Tuesday that it had made a strong start to the new financial year and lifted guidance for FY27, with the board now expecting revenues and adjusted pre‑tax profit to come in comfortably ahead of curr