By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Loonie Slips to Two-Week Low as Oil Plunges 7.2% and Fed Meeting Looms
The Canadian dollar weakened to its lowest point in two weeks as oil prices dropped 7.2%. Traders are also watching the Federal Reserve's up
Neotech Metals hires ANZAPLAN to design rare earth processing plan for Hecla-Kilmer
Neotech Metals has hired Germany's Dorfner ANZAPLAN to design a processing flowsheet for its Hecla-Kilmer rare earth project in Ontario. The
UBS: Clorox Q4 likely quiet, but input costs and CEO change loom
UBS predicts Clorox's fiscal Q4 earnings will be uneventful, as the market has already priced in recent weakness. The real focus will be on
UBS Raises Sonoco Price Target to $61 on Strong Industrial Packaging Demand
UBS has raised its price target for Sonoco Products to $61, keeping a neutral rating. The bank sees the company's industrial packaging segme
European stocks flat as ASML slides on China chip tool news, oil drop lifts airlines
The STOXX 600 was little changed as a tech selloff, triggered by reports China is building its own chipmaking tools, offset gains from lower
LVMH Sales Growth Powered by US Shoppers as European Demand Stalls
LVMH leaned on US shoppers to lift second-quarter sales 3%, but a strong euro weighed on first-half profits. The luxury giant's fashion and
Wise Eyes Stablecoin Route After US Trust Charter Denial, UBS Says
Wise's bid for a US national trust charter was denied due to compliance issues. UBS suggests the company could instead pursue stablecoin-bas
DKSH expands European healthcare push with Bayer contraceptive brand buy
DKSH is deepening its European healthcare and ingredients business by acquiring Bayer's Meliane contraceptive brand and securing an exclusiv
Legend Biotech stock drops 14% despite RBC backing for in vivo CAR-T program
RBC Capital Markets gave a vote of confidence to Legend Biotech's early in vivo CAR-T data, but the stock still slid more than 14% on Monday
European ADRs Edge Higher as SAP Surge Offsets Energy Slump
European stocks trading in the US through ADRs edged higher Monday, with the S&P Europe Select ADR Index up 0.15%. A 6% surge in software gi
Peacock to Bundle with YouTube Premium in Major NBCUniversal Deal
NBCUniversal will bundle Peacock with YouTube Premium starting in early 2027, bringing Peacock originals and live sports like NFL and NBA ga
BofA Starts ITG Coverage, Sees Broadband Upgrade Tailwinds
Bank of America Securities started coverage on ITG this week, arguing the network-services contractor is well-positioned to benefit from the