Archive

KitchenAid maker Whirlpool warns of 'recession-level' industry decline

Thu 07 May 2026 15:58

(Sharecast News) - Shares in Whirlpool Corp dropped on Wall Street on Thursday after the American home appliances group slashed its earnings guidance almost in half and stepped up cost-saving and pricing actions amid a sinking of consumer confidence.

Earnings slide at Maersk as Iran war clouds outlook

Thu 07 May 2026 14:33

(Sharecast News) - AP Moller-Maersk posted a sharp deterioration in quarterly earnings on Thursday, and warned of a "highly uncertain" outlook for global container demand on the back of war in the Middle East.

Peloton nudges up full-year guidance, shares spark

Thu 07 May 2026 14:19

(Sharecast News) - Shares of Peloton Interactive shot higher on Thursday after the company nudged up its full-year guidance.

Lanxess shares drop as Q1 revenues decline

Thu 07 May 2026 14:01

(Sharecast News) - Shares in German chemicals company Lanxess tanked on Thursday after first-quarter results revealed sharp declines in revenues and profits amid a "persistently challenging" environment.

Clarksons hails 'excellent' start to year as maritime rates rise

Thu 07 May 2026 13:17

(Sharecast News) - Clarksons said on Thursday it had an "excellent start" to 2026, helped by good market fundamentals and increasing demand for industry expertise despite geopolitical uncertainty.

McDonald's tops forecasts as value meals tempt customers in tough environment

Thu 07 May 2026 12:57

(Sharecast News) - McDonald's beat Wall Street expectations with its latest quarterly results on Thursday, as the fast-food giant benefitted from stronger demand for value meals and promotional offers amid a tougher backdrop for consumer spending.

Flutter Entertainment cuts guidance, announces departure of FanDuel CEO

Thu 07 May 2026 12:43

(Sharecast News) - Flutter Entertainment slumped on Thursday after it cut guidance for full-year revenue and adjusted EBITDA, partly due to unfavourable sports results, and announced the departure of Amy Howe, chief executive of its US business.

Rosebank Industries acquisitions on track as ECI trades in line

Thu 07 May 2026 11:24

(Sharecast News) - Rosebank Industries said in an update on Thursday that ECI traded in line with full-year expectations in the first four months of 2026, as the group said its acquisitions of CPM and MW Components remained on track.

Coca-Cola HBC reaffirms outlook despite uncertain backdrop

Thu 07 May 2026 11:17

(Sharecast News) - Coca-Cola HBC reaffirmed full-year guidance on Thursday,despite "challenging" macro conditions and first-quarter revenues coming in narrowly below forecasts.

Genel output, cash flow impacted by Tawke suspension

Thu 07 May 2026 11:15

(Sharecast News) - Genel Energy said in an update on Thursday that production from the Tawke licence in Kurdistan was temporarily halted during the first quarter as a safety measure following the launch of US-Israeli air strikes against Iran, reducing out