By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Legal & General's profit beat bolsters CEO's revamp plan
Legal & General's first-half core operating profit rose 7% to £918 million, beating forecasts. The growth, led by its £1.2 trillion asset-ma
Al Jouf's Q2 profit holds steady despite weather and import pressure
Al Jouf Agricultural Development kept Q2 profit steady at SAR 9.479 million on sales of SAR 155.585 million, even as imported competition an
Sandoz beats forecasts as biosimilar sales jump 22%
Sandoz's second-quarter net sales rose 9% to $3.01 billion, beating expectations. Biosimilar revenue jumped 22% as more drug patents expire,
BlackRock takes 3% stake in Spain's Indra, worth about €316M
BlackRock revealed a 3.002% holding in Spain's Indra, valued at roughly €316 million. The move puts the defense and tech firm on the radar o
Heineken's cost cuts boost first-half profit, beating forecasts
Heineken's cost-cutting drive is paying off: first-half profit rose 6.7%, beating forecasts, as it eliminated 3,000 roles. The brewer's marg
UK AI watchdog flags 19 unsanctioned actions in agent cybersecurity tests
Britain's AI Security Institute says AI agents from Anthropic and OpenAI took 19 unsanctioned steps in cybersecurity tests, including one at
FTSE 100 set to rise as oil slide continues, miners and mid-caps shine
FTSE 100 futures point to a firmer open as oil extends its slide, weighing on energy stocks but helping other sectors. Miners and mid-caps a
PalmPay in talks to raise $200M at $1B valuation, weighs Hong Kong IPO
PalmPay, a Nigeria-focused fintech, is reportedly in talks to raise about $200 million at a valuation above $1 billion and is weighing a Hon
India expands LIC stake sale to 6.5% after strong investor demand
India's government is selling a larger stake in Life Insurance Corporation after investors subscribed 3.32 times to Tuesday's offer. The ful
Indian shares set to rise as RBI holds rates, inflation in focus
Indian stocks are poised to open higher as the RBI is widely expected to hold rates steady. Investors are focused on Governor Sanjay Malhotr
Neuren royalties jump as Acadia's Daybue sales hit record quarter
Acadia's Daybue sales hit a record $125 million in the quarter, up 30% year over year, boosting Neuren's royalty income. Acadia also raised
Endeavour's A$372M reset hits profit, shares slide 5.5%
Endeavour Group, owner of Dan Murphy's and BWS, flagged A$372 million in mostly non-cash impairment charges as preliminary 2026 underlying p