Company news from ShareCast
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Bharti Airtel to increase stake in Airtel Africa in stock swap
Wed 13 May 2026 13:39
(Sharecast News) - Airtel Africa tumbled on Wednesday after majority shareholder Bharti Airtel said it would increase its stake in the telecommunications and mobile money services firm by buying shares at a discounted price.
Zurich Insurance on track as premiums grow in first quarter
Wed 13 May 2026 10:54
(Sharecast News) - Zurich Insurance reported higher first-quarter premiums on Wednesday, led by growth in its property and casualty business, and said it remained on track to meet or exceed its 2027 targets despite geopolitical uncertainty.
Alibaba's underlying profit drops as tech investments offset top-line growth
Wed 13 May 2026 10:54
(Sharecast News) - Underlying profits at Alibaba plunged over 80% in its final quarter on the back of significant tech and ecommerce investments, though revenues at the Chinese tech titan headed higher due to strong demand in the cloud and AI sectors.
Tencent earnings jump despite higher AI spend, but revenue growth slows
Wed 13 May 2026 10:52
(Sharecast News) - Tencent beat profit forecasts with its first-quarter results on Wednesday, with shares rising in Hong Kong despite the WeChat owner and videogam giant reporting its slowest rate of revenue growth in six quarters.
Avon Technologies shares slide despite solid first half
Wed 13 May 2026 10:25
(Sharecast News) - Avon Technologies shares were sliding on Wednesday morning, even after it reported a stronger first-half performance on Wednesday, with revenue, profit and margins all rising as the group said its transformation programme was delivering
Gamma reports good start to year, confirms talks with potential suitor
Wed 13 May 2026 10:22
(Sharecast News) - Gamma Communications said in an update on Wednesday it had made a good start to 2026, with trading in line with expectations, healthy cash generation and full-year guidance reiterated, as it confirmed preliminary discussions with a pote