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Danaher's Valuation Looks Fair Again, RBC Says, Lifting Price Target
Stocks

Danaher's Valuation Looks Fair Again, RBC Says, Lifting Price Target

RBC Capital Markets lifted its price target on Danaher to $250 from $215, saying the stock's valuation is now more in line with peers. The b

Eleanor Whitfield ·
Illumina's oncology focus sharpens clinical growth outlook, RBC says
Stocks

Illumina's oncology focus sharpens clinical growth outlook, RBC says

RBC Capital Markets raised its price target on Illumina to $310, citing stronger oncology-driven demand and improving reimbursement. The ban

Marcus Devlin ·
CNN's Mark Thompson stays as Skydance merger keeps news chiefs in place
Stocks

CNN's Mark Thompson stays as Skydance merger keeps news chiefs in place

Paramount says CNN boss Mark Thompson will stay on as chair and editor-in-chief under Skydance, reporting directly to CEO David Ellison and

Eleanor Whitfield ·
TRex Bio files for IPO as Eli Lilly signals interest in buying shares
Stocks

TRex Bio files for IPO as Eli Lilly signals interest in buying shares

TRex Bio, a clinical-stage biotech, has filed for an IPO, offering about 8.3 million shares at $14-16 each. Drugmaker Eli Lilly has signaled

Eleanor Whitfield ·
Sainsbury's and Morrisons held merger talks, then walked away
Stocks

Sainsbury's and Morrisons held merger talks, then walked away

Sainsbury's and Morrisons held merger talks between November and February before stepping back. A deal would have combined the UK's second-

Eleanor Whitfield ·
C.H. Robinson's $5.8B RXO Deal Aims to Reshape Truck Brokerage
Stocks

C.H. Robinson's $5.8B RXO Deal Aims to Reshape Truck Brokerage

C.H. Robinson is buying rival RXO for $5.8 billion to expand its truck brokerage network. The deal promises $300 million in annual cost savi

Marcus Devlin ·
Flex secures $2B for Axiom ahead of 2027 spin-off
Stocks

Flex secures $2B for Axiom ahead of 2027 spin-off

Flex is lining up $2 billion in funding for its Axiom Solutions unit, backed by General Catalyst and Koch. The investment comes as Flex prep

Marcus Devlin ·
Ford F-Series leads Q3 sales as pickup demand stays strong
Stocks

Ford F-Series leads Q3 sales as pickup demand stays strong

Ford's F-Series remained the best-selling vehicle in the US for Q3 2026, with 203,707 units sold. Ram pickups surged 33.7% year-over-year, u

Marcus Devlin ·
Berenberg: BASF bid talk could put a floor under Evonik shares
Stocks

Berenberg: BASF bid talk could put a floor under Evonik shares

Berenberg has upgraded Evonik to 'hold' and lifted its price target to €20 after reports of exploratory takeover talks with BASF. The bank s

Eleanor Whitfield ·
Lidl's £600M UK expansion targets 50 new stores this year
Stocks

Lidl's £600M UK expansion targets 50 new stores this year

Lidl GB will open more than 50 new UK stores this financial year, backed by a £600 million investment push. The discounter aims to build on

Eleanor Whitfield ·
Fulcrum Metals to pilot cyanide-free extraction at new Canadian plant
Stocks

Fulcrum Metals to pilot cyanide-free extraction at new Canadian plant

Fulcrum Metals has leased a 12,526-square-foot site in Mississauga to pilot a cyanide-free method for recovering metals from old mine waste.

Marcus Devlin ·
Firmus's $5.5B IPO reserves half for insiders, tightens float
Stocks

Firmus's $5.5B IPO reserves half for insiders, tightens float

Firmus's $5.5 billion ASX IPO is priced at A$11, valuing the AI data center operator at $30.6 billion. But with about half the shares reserv

Eleanor Whitfield ·