Company news from ShareCast
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Watches of Switzerland FY adjusted EBIT seen ahead of previous guidance
Thu 14 May 2026 08:18
(Sharecast News) - Luxury watch retailer Watches of Switzerland said on Thursday that full-year adjusted underlying earnings were now expected to come in ahead of previous guidance after group revenue and sales grew.
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.