By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
European stocks slip as German inflation accelerates to 2.8%
The Stoxx Europe fell 0.2% after Germany's July inflation accelerated to 2.8%, led by higher energy and fuel prices. The rise complicates th
Cava's sales recover as RBC lifts price target to $95
RBC lifted its price target on Cava to $95, citing improving same-store sales after a food-safety scare and strong performance from new loca
Funds trim bullish bets on Euronext wheat and rapeseed
Funds and other financial investors reduced their net long positions in Euronext milling wheat and rapeseed in the week to August 7. The pul
Titan Mining swings to profit as zinc output jumps 13%
Titan Mining swung to a profit in its latest quarter, beating analyst expectations as higher zinc output drove revenue up 57% to $25.7 milli
Closing a Market Hedge: Why Exiting Can Be the Right Call
A market hedge that rose over 20% during July's selloff is being closed after markets recovered. The move highlights the importance of knowi
Aramark's Nexus growth could add up to $500M in revenue by 2028
Morgan Stanley says Aramark's Nexus business could add $400-500 million in annualized revenue across fiscal 2027 and 2028 as new sites and c
Ancora offers up to $1.2B for H.B. Fuller's building adhesives unit
Activist investor Ancora Holdings has offered up to $1.2 billion in cash for H.B. Fuller's Building Adhesive Solutions unit, urging the adhe
1844 Resources closes C$622,100 private placement to fund exploration
1844 Resources has closed the first tranche of a private placement, raising C$622,100. The funds will support Canadian exploration expenses
Goldman Sachs to buy Neos for up to $2.25B to expand active ETFs
Goldman Sachs is acquiring Neos Investments for up to $2.25 billion to scale its active ETF business. The deal adds Neos' $30 billion in opt
AI debt boom revives credit risk hedging on Big Tech hyperscalers
Credit default swaps tied to Big Tech hyperscalers are getting busier as AI spending pushes these companies to issue more bonds. Even though
EasyJet French cabin crew strike set for August 15-16 amid Apollo takeover
EasyJet's French cabin crew will strike on August 15-16, pressing for better working conditions. The walkout comes as Apollo's £5.70 billion
Kontoor raises profit outlook after solid Q2, names new CFO
Kontoor Brands, owner of Wrangler and Lee, raised its full-year adjusted EPS guidance after a solid fiscal Q2. The company also named Joseph