(RTTNews) - Shares of CSL Limited (CMXHF.PK, CSL.AX, CSLLY) plunged around 18 percent in Australian trading after the biotech firm on Monday announced that it now expects an additional $5 billion impairment charge for fiscal 2026 and 2027, and trimmed outlook for 2026.
(RTTNews) - Shares of CSL Limited (CMXHF.PK, CSL.AX, CSLLY) plunged around 18 percent in Australian trading after the biotech firm on Monday announced that it now expects an additional $5 billion impairment charge for fiscal 2026 and 2027, and trimmed outlook for 2026.
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Singapore with Shery Ahn and Avril Hong, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Singapore with Shery Ahn and Avril Hong, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
Traders work on the floor of the New York Stock Exchange (NYSE) on May 6, 2026 in New York City. Spencer Platt | Getty Images LONDON — European stocks are expected to open in mixed territory on Monday as investors digest the latest impasse in peace negotiations between the U.S. and Iran. The U.K.'s FTSE index is seen opening 0.15% higher, with Germany's DAX and France's CAC 40 flat, and Italy's FT...
Traders work on the floor of the New York Stock Exchange (NYSE) on May 6, 2026 in New York City. Spencer Platt | Getty Images LONDON — European stocks are expected to open in mixed territory on Monday as investors digest the latest impasse in peace negotiations between the U.S. and Iran. The U.K.'s FTSE index is seen opening 0.15% higher, with Germany's DAX and France's CAC 40 flat, and Italy's FTSE MIB down 0.13%, according to data from IG. Global markets will start the new trading week on a fragile note after U.S. President Donald Trump declared Iran's counterproposal to end the war in the Middle East as "unacceptable". Negotiators have received Iran's response to U.S. proposals for peace talks, with the Tehran regime demanding an end to the war on all fronts and the lifting of sanctions on the country, Iran's semi-official Tasnim news agency said , citing an informed source. But Trump said in a Truth Social post Sunday night that he did not like Iran's response, adding that it was "TOTALLY UNACCEPTABLE!" Meanwhile, Israeli Prime Minister Benjamin Netanyahu said Sunday that the war with Iran was "not over," as the U.S. and Israel still aim to curb Tehran's nuclear ambitions. Oil futures climbed and U.S. futures were lower in overnight trading following the latest developments. Trump's trip to China later this week is also in focus, with the president set for talks with Chinese premier Xi Jinping on a wide range of matters, from trade to rare earth export controls, as well as global geopolitics. Read more From Singapore to Brussels, world leaders eye Trump-Xi summit from afar Global week ahead: the battle for barrels as Trump and Xi prepare to meet Trump is going to China hoping to talk trade. Iran may steal the show There are no major earnings or data releases in Europe on Monday. — CNBC's Anniek Bao contributed to this market report. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
undefined China’s industrial profit growth accelerated in March, but the recovery remained uneven as rising oil prices boosted upstream sectors and booming investment in artificial intelligence (AI) lifted some manufacturing industries, while consumer-facing manufacturers remained under pressure. Profits at major industrial firms rose 15.8% from a year earlier in March. First-quarter profit margin...
undefined China’s industrial profit growth accelerated in March, but the recovery remained uneven as rising oil prices boosted upstream sectors and booming investment in artificial intelligence (AI) lifted some manufacturing industries, while consumer-facing manufacturers remained under pressure. Profits at major industrial firms rose 15.8% from a year earlier in March. First-quarter profit margins reached 5.1%, the highest level for the period since 2022, suggesting rising prices generally supported profitability. China Industrial Profit Margins Rise The improvement in profits, however, was uneven across sectors, as some industries were better able to raise prices and pass on higher costs than others. Mining sector profits rose 16.2% in the first quarter, while manufacturing profits increased 19.1%. By contrast, profits in utilities fell 3.2%.
A moving documentary marks 85 years since the end of the blitz. Plus, the finale of Steve Carell’s hit comedy Rooster. Here’s what to watch this evening 9pm, BBC Two “Don’t worry … we’ve got big strong slates on our roof.” This is how one Liverpool dad tried to comfort his young son, who was worried at the prospect of an aerial attack. Marking the 85th anniversary of the end of the blitz, this mov...
A moving documentary marks 85 years since the end of the blitz. Plus, the finale of Steve Carell’s hit comedy Rooster. Here’s what to watch this evening 9pm, BBC Two “Don’t worry … we’ve got big strong slates on our roof.” This is how one Liverpool dad tried to comfort his young son, who was worried at the prospect of an aerial attack. Marking the 85th anniversary of the end of the blitz, this moving documentary gathers reflective testimony from people who were children in London and other cities targeted by the Luftwaffe’s bombing campaign but weren’t evacuated. Amid the vivid stories of terror and loss there are heartwarming flashes of defiance, humour and love. Graeme Virtue Continue reading...
Seadrill press release ( SDRL ): Q1 GAAP EPS of -$0.11 beats by $0.18 . Revenue of $358M (+6.9% Y/Y) beats by $32.47M . Adjusted EBITDA of $97 million. Increased full year 2026 Total operating revenues and Adjusted EBITDA guidance ranges as follows: Total operating revenues range increased to $1.43 - $1.48 billion (previously $1.40 - $1.45 billion) vs. consensus of $1.44B , excluding $50 million o...
Seadrill press release ( SDRL ): Q1 GAAP EPS of -$0.11 beats by $0.18 . Revenue of $358M (+6.9% Y/Y) beats by $32.47M . Adjusted EBITDA of $97 million. Increased full year 2026 Total operating revenues and Adjusted EBITDA guidance ranges as follows: Total operating revenues range increased to $1.43 - $1.48 billion (previously $1.40 - $1.45 billion) vs. consensus of $1.44B , excluding $50 million of reimbursable revenues, Adjusted EBITDA range increased to $370 - $420 million (previously $350 - $400 million). Capital Expenditure and Long-Term Maintenance range maintained at $200 - $240 million. More on Seadrill Seadrill Limited (SDRL) Q4 2025 Earnings Call Transcript Seadrill Q1 2026 Earnings Preview Seadrill inks two ultra-deepwater drillship deals, adding $260M to backlog Seeking Alpha’s Quant Rating on Seadrill Historical earnings data for Seadrill
FuelCell Energy (FCEL) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
FuelCell Energy (FCEL) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Vodacom Group Ltd. declared a full-year dividend that beat analysts’ estimates, according to a statement on Monday. The company, majority owned by the UK’s Vodafone Group Plc , announced a payout for the year through March of 7.35 rand, up from 6.20 rand a year earlier. The dividend compared with an average estimate of 7.05 rand a share by analysts in a Bloomberg survey. The wireless carrier repor...
Vodacom Group Ltd. declared a full-year dividend that beat analysts’ estimates, according to a statement on Monday. The company, majority owned by the UK’s Vodafone Group Plc , announced a payout for the year through March of 7.35 rand, up from 6.20 rand a year earlier. The dividend compared with an average estimate of 7.05 rand a share by analysts in a Bloomberg survey. The wireless carrier reported net income of 20.7 billion rand ($1.3 billion), compared with 16.6 billion rand a year earlier and a Bloomberg estimate 19.55 billion rand. Its shares on the Johannesburg Stock Exchange are up 11% over the past year.