By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Barratt Redrow's FY26 results may be routine; FY27 is the real test
RBC expects Barratt Redrow's FY26 results on Sept. 16 to be largely routine. The real focus shifts to FY27, with 3%-4% build cost inflation
Aon plans $13.5B bond sale to fund USI acquisition
Aon is lining up a seven-tranche bond sale to raise about $13.5 billion, helping fund its $17 billion acquisition of USI Insurance Services.
Saudi stocks edge higher as Fed rate decision looms
Saudi stocks edged up Monday as investors weighed regional tensions and a likely Fed rate hike. But the advance was narrow, with more declin
Hub Group fights Nasdaq delisting after late SEC filings
Hub Group says it could be kicked off the Nasdaq after missing SEC filing deadlines, even as it released preliminary results showing higher
Toronto's pitch to global investors faces a high-rate reality check
Toronto is courting global investors this week, but KPMG Canada warns that higher borrowing costs and stiff competition mean attention won't
Pony.ai to test Level 4 robotrucks in Europe, eyes Middle East launch
Pony.ai showcased its Level 4 robotruck at a major European transport show and is preparing for road tests across the continent. The company
EU probes Broadcom's VMware licensing changes after cloud complaint
EU regulators are questioning cloud providers about Broadcom's VMware licensing changes after a complaint. The probe could affect how VMware
AirBaltic files for Chapter 11 as fuel costs and debt force restructuring
Latvia's state-backed airBaltic has filed for Chapter 11 in New York, securing €350 million in expensive financing to keep flying while it r
UNIQA Re's premium growth signals bigger role for reinsurance arm
Berenberg projects UNIQA Re's external gross written premiums will reach about €500 million in 2026, up from roughly €300 million in 2025. M
WallStreetBets favorites slide premarket as chip stocks lead decline
Chip stocks like AMD, Micron, and Nvidia slid in premarket trading, while Oracle fell even after Larry Ellison canceled a planned share sale
China's central bank weighs new rules to curb banks' long-bond bets
China's central bank is weighing tighter rules for banks that have loaded up on long-dated government bonds. The move follows a rally that p
Pound slips to $1.3474 as oil jumps to $108 and dollar firms before Fed decision
The pound slipped to $1.3474 as oil prices jumped to $108 and investors piled into the dollar ahead of the Fed's rate decision. The move ref