Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Frasers Group rescues Harvey Nichols from administration
Frasers Group, led by Mike Ashley, has acquired Harvey Nichols out of administration. The deal includes the luxury chain's UK stores, online
Thoma Bravo to take insurance marketplace Accelerant private in $4B deal
Thoma Bravo will acquire Accelerant for about $4 billion, paying $20.25 a share—a 49% premium. The deal comes just over a year after Acceler
SK Hynix workers form new union as AI bonus pay dispute heats up
SK Hynix workers have launched a new union with nearly 2,500 members as annual wage talks collide with a debate over AI-driven bonuses. The
Accelerant agrees to $4B Thoma Bravo buyout at $20.25 per share
Accelerant has agreed to an all-cash takeover by Thoma Bravo valued at over $4 billion. Shareholders will receive $20.25 per share, with a t
BofA raises Daimler Truck target to €54 on US tariff deal, new factory
Bank of America raised its price objective for Daimler Truck to €54 from €50, arguing the US long-term setup looks better than the messy Q2
Candle Lake's Evolution bid comes with a catch for shareholders
Candle Lake, backed by Kenneth Dart, has made a $13.8 billion bid for Evolution after crossing the 30% ownership threshold. But the offer is
K-One plans capital cut to fund special dividend after asset sale
K-One Technology plans to cut its share capital to fund a special dividend of up to 75 million ringgit (0.09 ringgit per share) after sellin
Shein targets Hong Kong IPO on August 28 at $30-40B valuation
Shein is reportedly targeting an August 28 debut on the Hong Kong stock exchange. The fast-fashion giant's valuation is now pegged at $30-40
Northern Star rejects Elliott's board demands as activist pushes review
Northern Star Resources is resisting activist investor Elliott's demand to seat at least three of its six proposed board nominees. The gold
Ice cream makers push protein and smaller portions as GLP-1 drugs reshape demand
US ice cream sales volumes are down 1.5% year-on-year, but dollar sales are up. Brands are betting on protein, smaller portions, and cleaner
Muthoot FinCorp files for $30B rupee IPO to fund gold-loan growth
Muthoot FinCorp has filed for an IPO to raise 30 billion rupees, joining a busy pipeline of Indian listings. The fresh issue will strengthen
Thyssenkrupp raises 2026 profit outlook on cost cuts, stronger units
Thyssenkrupp raised its 2026 adjusted operating profit forecast to €600-900 million, helped by cost cuts and stronger steel and materials re