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Samsung and SK Hynix face investor pressure over $263B cash pile
Stocks

Samsung and SK Hynix face investor pressure over $263B cash pile

South Korea's top chipmakers are flush with cash from the AI memory boom, but investors are growing impatient for bigger returns. With a com

Eleanor Whitfield ·
Brazil's chicken glut set to squeeze JBS and MBRF margins in 2026
Stocks

Brazil's chicken glut set to squeeze JBS and MBRF margins in 2026

JPMorgan expects Brazil's chicken oversupply to continue into 2026, hitting margins at JBS and MBRF. With supply outpacing demand, prices ma

Marcus Devlin ·
BHP bets $3M on Argentina copper with junior partner Kobrea
Stocks

BHP bets $3M on Argentina copper with junior partner Kobrea

BHP has struck a deal with junior explorer Kobrea to hunt for copper in Argentina. The world's largest listed miner will fund early work and

Eleanor Whitfield ·
Promisia to buy Christchurch retirement village for NZ$25 million
Stocks

Promisia to buy Christchurch retirement village for NZ$25 million

Promisia Healthcare has agreed to buy Christchurch's Chatswood Retirement Village for NZ$25 million, adding 100 units to its portfolio. The

Eleanor Whitfield ·
Solventum to spin off health IT unit as it lifts 2025 outlook
Stocks

Solventum to spin off health IT unit as it lifts 2025 outlook

Solventum will spin off its health information systems business, a unit that generated 16.3% of 2025 sales, as part of a sharper turnaround

Marcus Devlin ·
Accell files for insolvency as Europe's bike boom turns to bust
Stocks

Accell files for insolvency as Europe's bike boom turns to bust

Accell, the Dutch bike maker behind brands like Sparta and Raleigh, has begun insolvency proceedings. The company, taken private by KKR in 2

Marcus Devlin ·
Etsy cuts 12% of staff, adds $2B buyback in restructuring push
Stocks

Etsy cuts 12% of staff, adds $2B buyback in restructuring push

Etsy is cutting about 12% of its workforce, mostly in product and engineering, while adding a $2 billion stock buyback. The CEO says the lay

Eleanor Whitfield ·
McDonald's overseas strength offsets US value missteps, UBS says
Stocks

McDonald's overseas strength offsets US value missteps, UBS says

UBS says McDonald's global same-store sales held up in Q2 thanks to international markets, but inconsistent US value deals and marketing wei

Marcus Devlin ·
RBC: Leidos' defense and homeland growth is still underpriced
Stocks

RBC: Leidos' defense and homeland growth is still underpriced

Leidos beat Q2 expectations, but RBC Capital Markets thinks investors are still overlooking the contractor's defense and homeland security w

Eleanor Whitfield ·
Eli Lilly's guidance lift boosts healthcare stocks, CVS slips
Stocks

Eli Lilly's guidance lift boosts healthcare stocks, CVS slips

Healthcare stocks climbed Wednesday as Eli Lilly's strong results and raised 2026 guidance lifted the sector. CVS slid after overhauling its

Marcus Devlin ·
Bodycote draws two near-matching private equity offers
Stocks

Bodycote draws two near-matching private equity offers

Bodycote, a UK heat-treatment firm, has received two near-identical cash takeover approaches from CVC and Veritas, each valuing it at about

Eleanor Whitfield ·
McDonald's drinks push gains overseas but US sales slip, RBC says
Stocks

McDonald's drinks push gains overseas but US sales slip, RBC says

McDonald's is betting on beverages to lift sales, but RBC says the plan is hitting snags in the US even as it works overseas. Germany shows

Eleanor Whitfield ·