Glencore (GLEN LN) FY (USD): Revenue 247.5bln (exp. 233.9bln); Adj. EBITDA 13.51bln (exp. 13.22bln), Adj. EBIT 5.98bln (exp. 5.72bln), is to return USD 2bln to shareholders
Glencore reported stronger-than-expected FY results, with revenues and adjusted EBITDA exceeding consensus estimates, indicating solid operational performance.
BAE Systems (BA/ LN) FY (GBP): Underlying EBIT 3.32bln (exp. 3.27bln), Div/shr 36.3p (exp. 35.5p), Revenue 30.7bln (exp. 30.7bln); guides FY26 underlying EBIT +9-11%, Revenue +7-9%
Iran and Russia are reportedly said to conduct navy drills in the Sea of Oman and Northern Indian Ocean on February 19th
Glencore (GLEN LN) FY (USD): Revenue 247.5bln (exp. 233.9bln); Adj. EBITDA 13.51bln (exp. 13.22bln), Adj. EBIT 5.98bln (exp. 5.72bln), is to return USD 2bln to shareholders
UK Inflation Rate YoY (Jan) Y/Y 3.0% vs. Exp. 3.0% (Prev. 3.4%, Low. 2.9%, High. 3.5%)
Newsquawk Daily European Equity Opening News - 18th February 2026
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
CEO:
- "We expect to be producing over 1 million tonnes annualised by the end of 2028, with Glencore now targeting c.1.6 million tonnes of copper production by 2035, supported by our enviable portfolio of highly capital-efficient copper growth options".
- "Today we also announced the finalisation of the KCC land access package with Gécamines, unlocking LOM extension, productivity and cost improvements and the pathway to c.300ktpa of copper production".
2026:
- "We remain focused on delivering on our 2026 priorities, achieving our operational targets and derisking and successfully progressing our organic production growth options, all with the objective of supporting long-term value creation for shareholders".
The announcement of a $2 billion shareholder return not only underscores confidence in cash flow but also suggests a commitment to enhancing shareholder value, which may positively impact market sentiment toward the stock.
Related headlines
- US EQUITY OPEN: Dovish Waller helps push indices higher although AVGO guidance underwhelms59 min ago
- US Daily Equity Opening News - MSFT to report quarterly Azure sales; AVGO and HPE fall on outlooks; SNOW surges on earnings beat1 hour ago
- PRIMER - Today’s Fedspeak includes: Waller, Hammack, Goolsbee3 hours ago
- [MARKET ANALYSIS] European bourses tilt higher, Elliott reportedly pushes DTE GY to scrap TMUS merger; AVGO misses Q4 guidance estimates6 hours ago
- Ukrainian Navy says it struck a Russian support vessel in Sochi port3 hours ago
- Russian Deputy PM Novak says Russia's gas supplies to China will reach 50bln cubic metres this year, reports Tass3 hours ago
- Israeli Defence Minister Katz says the military will target all of Iran's infrastructure, including energy; an Iranian attack would free Israel from its existing limits4 hours ago
- Russian President Putin says attacks on three oil refineries have been repelled; adds that Russia must respond in kind5 hours ago
- [MARKET UPDATE] Dovish reaction as Fed's Waller leans towards hold in September, albeit very much data dependent; T-notes, stocks and gold move higher with the dollar sold; Pricing is back to 50/50 for hold/hike1 hour ago
- US President Trump's administration is reportedly ratcheting up its fight to get more oil flowing from California, AP News reports36 min ago
- US President Trump clarifies that Commerce Secretary Lutnick had Venezuela on his mind when he said nobody was killed, adds that 18 people were killed in Iran3 hours ago
- US President Trump posts image of 20mln BPD through the Hormuz vs. 18mln BPD before3 hours ago
- Fed's Waller (voter) to support holding policy rate steady at September FOMC meeting if August inflation data shows continued progress2 hours ago
- Russian Deputy PM Novak says Russia is experiencing some gasoline shortages4 hours ago
- Fed Governor Waller (Voter) says with CPI and PPI in hand, have a pretty accurate view of PCE inflation1 hour ago
- Nvidia (NVDA) confirms it is to acquire Hugging Face for USD 12.93bln; Hugging Face will remain an open platform2 hours ago
- Campbell's (CPB) Q4 2026 (USD): Adj. EPS 0.39 (exp. 0.40), revenue 2.14bln (exp. 2.15bln). Cuts quarterly dividend to accelerate debt reduction 3 hours ago
- BoJ accounts show there was no large-scale yen intervention on Wednesday5 hours ago
- US Trade Balance (Jul) -88.60B vs. Exp. -90B (Prev. -73.30B)2 hours ago
- Polestar (PSNY) Q2 2026 (USD): Revenue 727mln (exp. 865mln)3 hours ago
The whole workspace, free to try.
Try it free