Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Frontier Airlines Sees Pricing Power After Spirit's Exit, Fares Jump 54%
Frontier Airlines says Spirit's exit from the market has given it more pricing power, with second-quarter fare revenue per passenger surging
Renault returns to profit as EV sales surge 47.6% in first half
Renault reported a net profit of €700 million for the first half of 2024, reversing a year-ago loss. Revenue rose 9.4% to €30.25 billion, fu
Aser Ventures may cut DAZN stake to fund sports-tech expansion
Aser Ventures, led by Andrea Radrizzani, may reduce its minority stake in sports streamer DAZN to raise funds for expansion. The firm is exp
Berenberg cuts Mercedes-Benz target despite Q2 margins holding steady
Berenberg cut its price target on Mercedes-Benz to 56 euros, even as the automaker's Cars unit posted Q2 margins near the midpoint of its 3%
DAX Flat as BASF and Rheinmetall Shine on Earnings Day
Germany's DAX ended flat, but BASF and Rheinmetall stood out. BASF climbed after quarterly results matched expectations, while Rheinmetall s
RBC Sees Ford EV Losses Narrowing Faster on Software Growth
RBC Capital Markets says Ford's electric-vehicle losses may narrow faster than anticipated. The bank points to improved unit economics at Fo
Centene's Q2 beat fails to ease long-term Medicaid margin concerns
Centene reported a stronger-than-expected second quarter, but RBC Capital warns that its Medicaid margins may not meaningfully recover until
Criteo moves legal home to Luxembourg, simplifies Nasdaq listing
Criteo has shifted its legal domicile from France to Luxembourg and simplified its US listing by canceling its ADS program. Ordinary shares
Berenberg trims Talanx profit forecasts but sees steadier margins ahead
Berenberg has trimmed its earnings growth forecasts for German insurer Talanx through 2028, cutting its price target to 158 euros. The bank
Zijin and Allied Gold scrap C$5.5 billion takeover, opt for smaller stake
Zijin Gold and Allied Gold abandoned their planned C$5.5 billion takeover after the July 29 deadline passed. Instead, Zijin will buy a 9.2%
Berenberg raises LVMH forecasts but keeps 420-euro target on Hold
Berenberg raised its 2026-2028 forecasts for LVMH after the luxury giant's Q2 revenue beat expectations. But the bank kept a Hold rating and
Boliden's Nexa deal could create top zinc producer, but funding questions loom
Swedish miner Boliden is in talks to buy Nexa Resources, a deal that could create the world's third-largest zinc producer. But analysts say