OSB Group reported a resilient financial performance in Q1 2026, with a 0.9% increase in its net loan book to £26.15 billion and a 1.8% rise in retail deposits. The group's credit quality remained strong, with arrears steady at 1.7%, and its CET1 ratio stayed robust at 15.1% despite a £100 million share buyback. OSB's lending growth was supported by increased Buy-to-Let and Residential mortgage originations, while the group continued its technology-driven transformation, preparing to launch new lending platforms later in the year. The company remains cautious about economic uncertainties but expects to meet its 2026 guidance for loan growth, net interest margin, and dividends.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Rotork PLC has accepted a £4.1 billion takeover bid from Swiss engineering group ABB, offering shareholders 506p per share, a 73% premium over the previous closing price. The acquisition will enhance ABB's industrial automation business by adding Rot...
Alexandria Real Estate Equities (ARE) is struggling with oversupply and vacancy rates exceeding 30% in key life science markets like Boston, San Francisco, and San Diego. This has caused an 80% decline in its stock price from its peak. The company's ...
ASML Holdings has raised its 2026 revenue guidance midpoint from €38 billion to €44 billion and increased its gross margin midpoint from 52% to 55%, reflecting strong growth prospects. The analyst maintains a Buy rating and raises the price target fr...
Labcorp is considered a buy due to its effective rollup strategy in a fragmented lab testing industry, driving steady and predictable growth. Automation is reducing operational costs, helping to counteract healthcare pricing pressures. The company no...
