By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
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
Antofagasta Revives Two Copper Projects in Chile with $155M Exploration Budget
Antofagasta is moving two copper prospects, Encierro and Volcanes, back into Chile's permitting process. The miner plans Q4 environmental fi
Global Stocks Rally as US Jobs Data Eases Fed Rate Hike Fears
Global stocks climbed after June's US jobs report came in softer than expected, reducing bets on a near-term Fed rate hike. Europe's STOXX 6
Toyota and Daimler Truck May Sell $2 Billion Stake in Archion to Meet Listing Rules
Toyota Motor and Daimler Truck may sell roughly 900 million shares of Archion, a newly formed truck holding company, to meet stock-market li
Singapore Stocks Rise as Softer US Jobs Data Eases Rate Hike Fears
Singapore shares climbed Friday, with the Straits Times Index up 0.5%, after a softer US jobs report eased worries about imminent Federal Re
Japan's Aluminum Premiums Hit Decade High at $395/Ton Despite Easing Supply Fears
Japanese aluminum buyers have agreed to pay a $395-per-metric-ton premium over the LME cash price for July-September shipments, the highest
Adani Enterprises Expands Institutional Share Sale to $1.8 Billion After Strong Demand
Adani Enterprises increased its institutional share sale by 50% to 150 billion rupees after strong demand from global and domestic investors