Archive

KKR drops out of race for Nestle water brands - report

Wed 06 May 2026 15:49

(Sharecast News) - Private equity firm KKR has reportedly dropped out of the multibillion pound auction for Nestle's bottled water brands.

Thursday preview: Shell Q1 reslults, JD Sports FY numbers eyed

Wed 06 May 2026 15:24

(Sharecast News) - Thursday will bring first-quarter results from oil giant Shell, a trading and operations update from Harbour Energy and first-quarter earnings from McDonald's.

Corning surges on multiyear optical fiber partnership with Nvidia

Wed 06 May 2026 15:02

(Sharecast News) - Corning shares surged on Wednesday after it announced a multiyear commercial and technology partnership with Nvidia to expand US-based manufacturing of the advanced optical connectivity solutions needed to power next-generation AI infra

Disney shares jump on long-term vision from new boss

Wed 06 May 2026 13:44

(Sharecast News) - Walt Disney Co shares shot higher on Wednesday after the media and entertainment giant's new boss Josh D'Amaro laid out his "long-term view" for the company, which involves using technology to deepen its relationship with customers.

CVS Health lifts full-year earnings guidance

Wed 06 May 2026 12:53

(Sharecast News) - Shares in CVS Health rallied in pre-market trade on Wednesday after the US health insurance provider and pharmacy chain owner lifted its full-year earnings guidance as it posted better-than-expected earnings for the first quarter.

Burger King owner Restaurant Brands reports Q1 profit surge as sales rise

Wed 06 May 2026 12:31

(Sharecast News) - The share price of Restaurant Brands slid in New York early on Wednesday after the fast-food conglomerate's first-quarter results revealed that revenue growth was held back by sales declines at Popeyes and Firehouse Subs.

Uber shares rise on stronger Q1 bookings

Wed 06 May 2026 11:54

(Sharecast News) - Uber reported stronger first-quarter bookings and issued an above-forecast outlook on Wednesday, as growth in rides, delivery and active users offset the impact of a volatile macroeconomic backdrop.

Continental AG shares surge as Q1 results top estimates

Wed 06 May 2026 11:44

(Sharecast News) - Shares in Continental AG raced ahead in Frankfurt on Wednesday after the tyre and automotive tech group reported first-quarter results that beat analysts' expectations

Lufthansa sees strong demand despite Iran war; Plans fare hikes, cost cuts

Wed 06 May 2026 11:41

(Sharecast News) - German flag carrier Lufthansa held 2026 earnings guidance on Wednesday, saying it would hike fares and cut costs to mitigate the €1.7bn impact of the Iran war on jet fuel prices.

Renishaw reaffirms outlook on bumper third quarter

Wed 06 May 2026 11:16

(Sharecast News) - Renishaw reaffirmed full-year guidance on Wednesday despite mounting geopolitical headwinds, following a surge in third-quarter revenues.