By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Infineon Can Grow Revenue Without New Clean Rooms, Berenberg Says
Berenberg lifted its price target on Infineon to €100, arguing the chipmaker can grow revenue to €30 billion using existing capacity. Spare
Dabur Posts Double-Digit Profit Growth as Price Hikes and Smaller Packs Offset Rising Costs
Dabur expects double-digit first-quarter profit growth, using price hikes and smaller packs to protect margins. International sales rose in
India's AAA Bond Market Stays Active as NABARD and Bajaj Finance Lead July Deals
India's rupee bond market saw strong activity on July 3rd, with top-rated borrowers like NABARD and Bajaj Finance pricing large deals. More
Foreign Inflows Keep Indian Bond Yields in Check Ahead of Index Decision
Foreign investors have bought 368 billion rupees of Indian government bonds over six weeks, betting on index inclusion. The steady demand ha
BofA Forecasts Leonardo Q2 Beat as New CEO Mariani Prepares First Results
Bank of America expects Italy's Leonardo to beat Q2 forecasts, with revenue of €5.4 billion and adjusted profit 10% above consensus. The rep
BofA Raises STOXX 600 Target to 630 as Europe's Energy Crisis Fades, but Warns Stocks Are 'Priced for Perfection'
Bank of America raised its year-end target for the STOXX 600 to 630 from 590, citing easing energy costs and a more supportive ECB. But the
World Co Profit Jumps 25% but Dividend Guidance Disappoints Investors
Japan's apparel group World Co posted a 25% profit jump in its fiscal first quarter, but its dividend guidance of 67 yen per share for the f
Berenberg Lowers Kion Target as Q2 Orders Slump 21% on Pre-Buy Hangover
Berenberg analysts lowered their price target for Kion Group after a pre-close update showed Q2 orders fell 21% to €2.76 billion. The drop f
Stellantis Italy Output Rises 13.7% in First Half, But Full-Year Still Far Below 2023
Stellantis' Italy output rose 13.7% in the first half to 252,223 vehicles, but the union FIM CISL says full-year production could still land
Blackstone, CVC, MUFG Eye Up to 50% Stake in Vietnam Fintech MoMo
Blackstone, CVC Capital Partners, and MUFG are among the bidders eyeing a stake of up to 50% in Vietnam's fintech MoMo. Binding bids are due
Goldman Sachs Dominates EMEA M&A with 44% Market Share in First Half of 2026
Goldman Sachs tightened its grip on EMEA M&A league tables, advising on 44% of deal value in the first half of 2026. The bank worked on 15 o
UBS Forecasts Adidas to Maintain Mid-Teens Growth in Q2, Eyes Post-World Cup Demand
UBS expects Adidas to deliver €6.68 billion in Q2 sales and a 9.4% margin, keeping its mid-teens growth pace. The focus is on whether demand