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Genuine Parts Sticks to Breakup Plan, Dismisses O'Reilly Takeover Talk as 'Noise'
Stocks

Genuine Parts Sticks to Breakup Plan, Dismisses O'Reilly Takeover Talk as 'Noise'

Genuine Parts is moving forward with its plan to separate its Automotive and Motion divisions. UBS says management dismissed speculation abo

Marcus Devlin ·
UBS Sees Hasbro's Wizards Unit Poised for Second-Half Upside Despite Marketing Spend
Stocks

UBS Sees Hasbro's Wizards Unit Poised for Second-Half Upside Despite Marketing Spend

UBS analysts see room for Hasbro's Wizards of the Coast unit to outperform in the second half, citing potential for a 'beat and raise' on gu

Eleanor Whitfield ·
Valkea Resources Identifies 24 New Drill Targets in Finland's Lapland Gold Belt
Stocks

Valkea Resources Identifies 24 New Drill Targets in Finland's Lapland Gold Belt

Valkea Resources has identified 24 new drill targets in Finland's Central Lapland Greenstone Belt and plans to start drilling in August. A w

Marcus Devlin ·
Vale Shareholders Elect Previ's Pick as Chairman After Boardroom Battle
Stocks

Vale Shareholders Elect Previ's Pick as Chairman After Boardroom Battle

Vale shareholders elected Manuel Lino Oliveira as chairman, ending a boardroom battle with major investor Previ. Shares rose over 3% as stro

Eleanor Whitfield ·
AI Rebrands Boost Stocks Briefly, But Most Gains Vanish
Stocks

AI Rebrands Boost Stocks Briefly, But Most Gains Vanish

At least 28 US-listed companies have rebranded or pivoted toward AI since 2023, briefly boosting their market value by 106% on average. Howe

Marcus Devlin ·
Inditex's €1.8 Billion Investment Push Wins BofA's Confidence Ahead of Q2 Update
Stocks

Inditex's €1.8 Billion Investment Push Wins BofA's Confidence Ahead of Q2 Update

Bank of America Global Research has turned more upbeat on Inditex, citing the Zara owner's €1.8 billion spending on logistics, stores, and t

Eleanor Whitfield ·
Zara's Real Edge: Air Freight and Speed, Not Just Near-Shoring, Says Bernstein
Stocks

Zara's Real Edge: Air Freight and Speed, Not Just Near-Shoring, Says Bernstein

Bernstein says Zara's success isn't just about making clothes close to shoppers. The real edge is using air freight and fast internal decisi

Eleanor Whitfield ·
Super Micro Computer Surges 16.5% Premarket as Micron Slips 2.4%
Stocks

Super Micro Computer Surges 16.5% Premarket as Micron Slips 2.4%

Super Micro Computer jumped 16.5% premarket while Micron slid 2.4%, extending Tuesday's wild swings. The divergence highlights shifting sent

Marcus Devlin ·
Jersey Mike's and Reformation IPO Tests a Sparse Retail Market
Stocks

Jersey Mike's and Reformation IPO Tests a Sparse Retail Market

Two well-known brands, sandwich chain Jersey Mike's and women's clothing label Reformation, have set IPO price ranges. They aim to raise mor

Marcus Devlin ·
Belimo's Data Center Cooling Bet Drives Price Target Hike, Analyst Stays Cautious
Stocks

Belimo's Data Center Cooling Bet Drives Price Target Hike, Analyst Stays Cautious

Analysts at AlphaValue/Baader have lifted their price target on Belimo to 842 francs, citing growing demand from data center cooling. Howeve

Eleanor Whitfield ·
AT&T Adds 432K Wireless Subscribers as Bundles Lure Value-Conscious Households
Stocks

AT&T Adds 432K Wireless Subscribers as Bundles Lure Value-Conscious Households

AT&T added 432,000 postpaid phone subscribers in the second quarter, as its unlimited plans and OneConnect-style bundles attracted value-foc

Eleanor Whitfield ·
Airbus Shares Surge 7% on €5 Billion Buyback and Higher 2029 Output Targets
Stocks

Airbus Shares Surge 7% on €5 Billion Buyback and Higher 2029 Output Targets

Airbus shares climbed more than 7% after the planemaker announced a €5 billion share buyback and raised its 2029 targets. The company cited

Marcus Devlin ·