Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Morgan Stanley flags Csquare's 670MW pipeline but warns on debt
Morgan Stanley began covering data-center operator Csquare, highlighting a 670MW expansion pipeline. The bank warns that heavy debt and proj
RBC Downgrades Amrize After Rare Q2 Miss and Guidance Cut
RBC Capital Markets downgraded Amrize after a rare second-quarter earnings miss and a cut to full-year EBITDA guidance. The bank cited weake
Dauch faces softer second half as GM pickup launch ramps
RBC Capital Markets expects auto-parts supplier Dauch to see North America and Europe volumes fall 4% and 8% sequentially in the second half
DelphX raises C$125,000 via two private placements with warrants
DelphX Capital Markets raised C$125,000 through two private placements, selling units at C$0.01 and C$0.02. Each unit includes a warrant exe
Imperial Brands to cut thousands of jobs in Europe and US
Imperial Brands is preparing to cut thousands of jobs across Europe and the US, with notices at its US unit ITG Brands starting Aug. 19. The
Shein's IPO valuation talk drops to under $30 billion
Shein is reportedly sounding out investors for an IPO at a valuation below $30 billion, a sharp drop from its 2022 peak of over $100 billion
IES Holdings to buy DBM Global for $650M, Innovate to cut debt
IES Holdings is buying construction firm DBM Global for $650 million in a cash-and-stock deal. Seller Innovate will receive about $453 milli
Diageo's Margin Plan Wins Over Berenberg Despite Sales Trim
Diageo told investors it can rebuild profit margins through restructuring and portfolio tweaks, not a one-off reset. Berenberg trimmed its f
Berkshire's Greg Abel ends stock-selling streak with $19.8B buying spree
Greg Abel, Warren Buffett's successor, put Berkshire's cash to work in Q2, investing $19.8B in stocks and ending a three-year selling streak
Ryman to Buy Orlando's Grande Lakes Resort for $1.38 Billion
Ryman Hospitality Properties is buying Orlando's 409-acre Grande Lakes resort for $1.38 billion. The deal adds two luxury hotels and a golf
SpaceX retail investors turn net sellers for first time since IPO
Mom-and-pop investors sold a net $4.5 million of SpaceX shares on August 7, the first net outflow since the company's June IPO. The shift co
Ashington Innovation suspends shares as it lines up World Metal Group deal
Ashington Innovation, a London-listed SPAC, has signed exclusive non-binding terms to buy a Cayman holding company that owns World Metal Gro