Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Mineral Resources Puts Lucky Bay Garnet Mine Into Care and Maintenance After Costs Surge
Mineral Resources will mothball its Lucky Bay garnet project in Western Australia from July 1 after the Middle East war hurt sales and pushe
Tourism Holdings Jumps 12% on NZ$3.30-3.40 Takeover Approach from Unnamed Strategic Buyer
Tourism Holdings shares jumped 12% after an unnamed strategic buyer floated a NZ$3.30-3.40 per-share takeover offer. The proposal is non-bin
Tasmea Targets AU$202-208 Million FY2027 EBITDA, Eyes 70% Earnings Growth
Tasmea, an ASX-listed services group, has set a new FY2027 underlying EBITDA target of AU$202-208 million. The company says this implies mor
Safepoint Abruptly Withdraws $283M IPO as Florida Insurer Cites Company-Specific Issues
Safepoint, a Tampa-based Florida home insurer, withdrew its planned $283.3 million IPO at the last minute, even as other companies continue
Sky Nears £1.6 Billion Deal to Buy ITV's Channels and ITVX, Splitting Broadcaster
Sky is finalizing a roughly £1.6 billion deal to buy ITV's channels and streaming service ITVX, splitting the broadcasting arm from ITV Stud
Blue Moon Metals Secures Key Permits and EPC Contract for Norway's Nussir Mine, Targets 2027 Production
Blue Moon Metals has secured key permits and an EPC contract for its Nussir mine in Norway, moving the project from regulatory approval to c
Identiv Sells IoT Business and Its Name for $75M in Cash and Equity
Identiv is selling its IoT operating business and even its name to Trackonomy for $25 million in cash plus $50 million in preferred equity.
Renault to Cut 800 Engineering Jobs in France, Retrain Staff to Compete with Chinese EV Rivals
Renault will cut 800 engineering roles in France by 2027 as part of a plan to slash development time from four years to two, matching Chines
Prime Day Spending Tops Forecasts, Retail Stocks Rise; Hertz Slides on Used-Car Woes
Amazon's Prime Day kicked off with $8.3 billion in sales, topping Adobe's $7.9 billion forecast and boosting retail stocks. But the day also
Doncasters IPO Oversubscribed 30x, May Price Above Range Ahead of NYSE Debut
Doncasters Group's NYSE-bound IPO is more than 30 times oversubscribed, with the company eyeing a price $1-2 above its $28-32 range. The str
Carnival's 2026 Pricing Outlook Clouded by Middle East Conflict and Higher Airfares
UBS says Carnival's Europe sailings are nearly sold out, but higher airfares from the Middle East conflict are squeezing pricing on the rema