Archive
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General Mills cuts full-year sales, profit outlook
Tue 17 February 2026 13:47
(Sharecast News) - General Mills cut its full-year 2026 sales and profit outlook on Tuesday as it updated investors on its six-year-old 'Accelerate' strategy, citing weak consumer sentiment and a slower, more costly recovery in volumes than previously exp
Adani plans $100bn investment in Indian AI infrastructure
Tue 17 February 2026 12:22
(Sharecast News) - India's Adani Group unveiled plans on Tuesday to invest $100bn by 2035 to build renewable energy-powered, AI-ready data centres, marking what multiple media outlets described as the largest such commitment in India to date and a signifi
Ireland launches large-scale probe into X's Grok
Tue 17 February 2026 11:37
(Sharecast News) - Ireland's data protection authority has launched a "large-scale" investigation into X over its artificial intelligence chatbot Grok, amid concerns about the creation of non-consensual and sexualised images, including of minors, accordin
Coca-Cola Europacific reports full-year growth, launches fresh buyback
Tue 17 February 2026 10:42
(Sharecast News) - Coca-Cola Europacific Partners reported higher revenue and profit for the year ended 31 December and announced a further €1bn share buyback on Tuesday, as the FTSE 100 bottler cited resilient demand, productivity gains and strong cash
Elliott said to have built over 10% stake in Norwegian Cruise Line
Tue 17 February 2026 09:58
(Sharecast News) - Activist investor Elliott Investment Management has reportedly built a more than 10% stake in Norwegian Cruise Line and plans to push for changes to turn the struggling cruise-ship operator around.
Elliott said to have built over 10% stake in Norwegian Cruise Line
Tue 17 February 2026 09:58
(Sharecast News) - Activist investor Elliott Investment Management has reportedly built a more than 10% stake in Norwegian Cruise Line and plans to push for changes to turn the struggling cruise-ship operator around.
European Opportunities Trust disappointed with H1 returns as strategic reviews gets underway
Tue 17 February 2026 09:53
(Sharecast News) - European Opportunities Trust said it is the "right time" to undertake a strategic review after a "disappointing" performance over its first half, with total returns significantly underperforming the benchmark.