By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
ANA and JAL Set Record Fuel Surcharges for July and August Flights
ANA and JAL plan to hike fuel surcharges to record highs for July and August, with Europe-bound tickets adding 65,000 yen and Hawaii about 4
Coles in Early Talks with TPG to Acquire Pet Care Giant Greencross for A$4 Billion
Coles Group is in early talks with private equity firm TPG to acquire Greencross, a major Australian pet care and veterinary operator. The d
Bending Spoons Raises $1.68B in Rare Tech IPO, Prices Above Range at $29
Italian software roll-up Bending Spoons priced its US IPO at $29 a share, above the $26-28 range, raising $1.68 billion. The company, known
ASX Set to Open Higher as Wall Street Gains Offset Middle East Jitters and Soft Home Data
Australian stocks are expected to open higher on Wednesday, buoyed by a strong session on Wall Street. Investors are balancing Middle East c
Australia Ends 25-Year Defense Software Deal with Objective, Trimming Recurring Revenue
Objective announced that Australia's Department of Defense is ending a 25-year upgrade and support program for its ECM software. The change
ACCC Moves to Block Coles' Kalgoorlie Supermarket Lease Over Competition Concerns
Australia's ACCC has moved to block Coles from leasing a vacant lot in Kalgoorlie-Boulder for a supermarket and Liquorland, arguing the deal
South32 Sheds Aluminum Portfolio to Alcoa in $5.6 Billion Deal
Miner South32 is offloading most of its aluminum operations to Alcoa in a deal worth up to $5.6 billion. The transaction includes $1.2 billi
EchoStar's DISH DBS Files Prepackaged Chapter 11 After AT&T Spectrum Sale Delay
EchoStar's DISH DBS unit filed for prepackaged Chapter 11 bankruptcy after a delay in its spectrum sale to AT&T left it short of cash to rep
Constellation Brands Beats Profit Estimates on Corona and Modelo Demand, Pulls 2028 Forecast
Constellation Brands reported better-than-expected earnings, driven by steady demand for Corona and Modelo. The company pulled its fiscal 20
Mixed US Data Pulls Wall Street in Opposite Directions as Yields Dip
Tuesday's data sent conflicting signals: job openings topped expectations while consumer confidence disappointed. The 10-year Treasury yield
UBS Raises Ingrezza Sales Forecast, Sees Upside for Neurocrine Despite Vykat Slowdown
UBS has raised its 2026 sales forecast for Neurocrine's Ingrezza to $2.80 billion, citing potential gains from rival drug coverage changes a
Corn Futures Surge as USDA Reports Tighter US Supplies and Smaller 2026 Crop
Corn futures jumped after the USDA reported tighter US corn supplies, with 2026 plantings down and June 1st inventories below expectations.