Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Ancora offers up to $1.2B for H.B. Fuller's building adhesives unit
Activist investor Ancora Holdings has offered up to $1.2 billion in cash for H.B. Fuller's Building Adhesive Solutions unit, urging the adhe
1844 Resources closes C$622,100 private placement to fund exploration
1844 Resources has closed the first tranche of a private placement, raising C$622,100. The funds will support Canadian exploration expenses
EasyJet French cabin crew strike set for August 15-16 amid Apollo takeover
EasyJet's French cabin crew will strike on August 15-16, pressing for better working conditions. The walkout comes as Apollo's £5.70 billion
BofA lifts IHG RevPAR forecast as hotel growth holds up
Bank of America raised its full-year RevPAR forecast for InterContinental Hotels Group to 3.3% after a strong second quarter and steady 5% n
RBC starts Saab coverage with sector perform, sees fast growth but rich valuation
RBC Capital Markets started covering Sweden's defense contractor Saab with a sector perform rating and a 600-krona price target. The bank se
Berenberg trims Henkel price target to €76.50, keeps Hold on volume beat
Henkel's Q2 volumes rose 3.2%, beating expectations, but Berenberg trimmed its price target to €76.50 and kept a Hold rating. The bank says
FAB trims Agthia target to AED 5.10 despite strong Q2 sales
FAB Securities lowered its price target on Agthia Group to AED 5.10 from AED 5.70, even as the UAE food-and-beverage firm posted an 11.9% ju
Godrej Consumer shares plunge 11% as CEO quits unexpectedly
Godrej Consumer Products shares tumbled 11% after CEO Sudhir Sitapati quit unexpectedly, just three months into a new five-year term. The co
KKR proposes buying First Gen shares to back voluntary delisting
KKR has proposed buying an 8.43% stake in First Gen from its parent and launching a tender offer for the 11.67% public float, supporting a v
Evoke skips guidance as Bally's Intralot £243m takeover nears
Evoke, the owner of William Hill and 888, says trading since June 30 is on track but is withholding guidance as its £243m takeover by Bally'
Inditex opens first US Bershka store in Miami, testing physical retail
Inditex has opened Bershka's first US physical store at Miami's Aventura Mall, with a second location planned. The move shifts Bershka from
Jefferies cuts SGH price target to AU$43.50 on WesTrac pressure
Jefferies has lowered its price target for SGH to AU$43.50 from AU$46, citing pricing pressure and tougher competition at its WesTrac unit.