By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Beijing Tong Ren Tang Healthcare Investment Launches HK IPO with HK$671M Target
Beijing Tong Ren Tang Healthcare Investment has launched a Hong Kong IPO targeting up to HK$671.2 million. Three cornerstone investors have
Aussie and Kiwi Dollars Slide as US Rate Hike Bets Strengthen Greenback
The Australian dollar dropped 1.7% and the New Zealand dollar 1.6% this week as traders bet on a US rate hike as soon as September. A strong
Yen Hovers Near 40-Year Low as Fed Rate Cut Hopes Fade
Japan's yen is hovering near a 40-year low around 161.82 per US dollar. May PCE inflation matched forecasts, but mixed Fed signals and a wid
Regis Resources Unveils First Resource Estimate for Beamish South, Shares Rise 3%
Regis Resources announced a first official resource estimate of 270,000 gold ounces at its Beamish South deposit in Western Australia. The c
FedEx Freight Goes Solo: Modest Revenue Growth Forecast Despite Profit Dip
FedEx Freight, now trading independently after its June 1 spinoff, expects revenue to rise 4%-6% through December. However, quarterly operat
Metro Rejects Union Offer as Quebec Strike Hits Produce, Profits
Metro rejected a union counteroffer as a strike at its Laval produce hub disrupts fresh-food deliveries to 300 Quebec stores. Same-store foo
First Majestic Silver Commits $12M to Santa Elena Expansion After Permits Clear
First Majestic Silver is investing another $12 million in 2026 to expand its Santa Elena mine in Mexico after securing permits for new porta
Oil Bounces but Canadian Dollar Stays Stuck Near Tariff-Era Lows as Yield Gap Widens
Canada's main stock index edged up as oil prices rebounded, but the Canadian dollar stayed stuck near its April 2025 tariff-era lows. A wide
Merck's $11.3B Bio-Techne Buyout and Lilly's $50 GLP-1 Plan Lift Healthcare Stocks
Healthcare stocks rallied Thursday as Merck's $11.3 billion cash acquisition of Bio-Techne and Eli Lilly's new $50-a-month Medicare Part D p
Conagra's 10.4% Dividend Yield Signals Possible Cut as New CEO Prepares Reset
Conagra reports earnings on July 15, but RBC says the real story is whether the packaged-food giant will cut its dividend. A 10.4% yield, fa
Chip Stocks Surge as Micron, Qualcomm Rally; Apple Drags on Nasdaq
Chip stocks powered the Dow higher on Thursday, with Micron surging 10% and Qualcomm rising 4%. But Apple tumbled 5.3%, dragging the Nasdaq
Endra Plunges 32% on Merger News; Dell Drops 6% on Distribution Shift
Endra Life Sciences plunged 32% after unveiling a merger plan with ASP Isotopes, while Dell fell nearly 6% on news it's ending a North Ameri