By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Tapestry beats profit forecasts as Coach demand holds in US and China
Tapestry topped profit expectations and lifted its full-year outlook, citing steady demand for Coach handbags in North America and China. Th
Candle Lake's Evolution bid comes with a catch for shareholders
Candle Lake, backed by Kenneth Dart, has made a $13.8 billion bid for Evolution after crossing the 30% ownership threshold. But the offer is
India's edible oil imports hit 10-month high on festival stocking
India's edible oil imports surged 33% in July to 1.48 million tons, the highest in 10 months, as refiners stocked up on palm and soybean oil
Takeover offers span three continents as cash chases assets
From KKR's $2.70 billion bid for a Philippine power firm to EQT's A$9.4 billion offer for Australia's Cleanaway, Thursday's deals show cash
Vestas Raises 2026 Margin Target, Analysts Boost Earnings Forecasts
Vestas raised its 2026 profit margin target to 7-9%, and analysts at AlphaValue/Baader Europe responded by boosting their earnings forecasts
Embracer swings to cash profit as PC and console sales jump 68%
Embracer's restructuring is paying off: PC and console sales jumped 68%, helping the gaming group swing to positive cash EBIT. The stock ros
Yen's Fate Hinges on Bank of Japan's September Rate Decision
Coordinated yen-buying lifted the currency off a 40-year low, but traders now focus on the Bank of Japan's September meeting. Markets price
Hapag-Lloyd's Q2 Profit Slumps as Hormuz Disruption Costs $600 Million
Hapag-Lloyd's second-quarter net profit fell to $83 million as the Strait of Hormuz disruption added $600 million in extra costs. The episod
Apple in talks to pay news publishers for AI training content
Apple is in talks to pay news publishers for access to their content to train an upgraded, AI-powered Siri. The multiyear deals would trigge
Tamil Nadu's new chief minister signs 97 deals worth $8B
Tamil Nadu's new chief minister used his first major investor conclave to pitch the state as a manufacturing base, signing 97 agreements wor
K-One plans capital cut to fund special dividend after asset sale
K-One Technology plans to cut its share capital to fund a special dividend of up to 75 million ringgit (0.09 ringgit per share) after sellin
Lenovo's AI revenue surges 43% but derivatives loss drives $609M quarterly deficit
Lenovo's AI-driven revenue surged 43% last quarter, but a $1.69 billion non-cash loss on warrant-linked derivatives dragged the PC and serve