Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
EQT Raises Bid for Kakaku.com to 3,450 Yen, Topping Rival Offer in Japanese Buyout Battle
EQT has raised its takeover bid for Japanese price comparison site Kakaku.com to 3,450 yen per share, topping a rival offer from LY Corp and
Perpetual Rejects EQT's Sweetened $1.75 Billion Takeover Bid for Second Time
Perpetual has rejected EQT's sweetened A$2.5 billion ($1.75 billion) takeover bid for the second time in just over two weeks. The board says
Richemont's Jewelry Strength Drives Bernstein to Hike Price Target to 240 Francs
Richemont beat fiscal first-quarter expectations with 24% constant-currency growth in its jewelry maisons. Bernstein raised its price target
Shein Gets Hong Kong Listing Committee Nod, Eyes $40-50 Billion IPO Valuation
Shein has reportedly received approval from Hong Kong's listing committee, moving closer to a potential IPO valued at $40-50 billion. The co
Italian Police Demand Supply-Chain Records from Nine Luxury Brands Amid Worker Exploitation Probe
Italian police visited nine luxury fashion houses to demand governance and supply-chain records as prosecutors probe alleged worker exploita
Berenberg Cuts Rio Tinto Target to £81 on High Diesel Costs, Mongolia Tax Bill
Berenberg maintained its hold rating on Rio Tinto but cut its price target to £81 after the miner's Q2 update. The bank flagged elevated die
Wall Street Rotates from AI Chips to Hyperscalers as Capex Growth Cools
After a massive run-up in AI chip stocks, some fund managers are rotating into hyperscalers like Amazon, Microsoft, Alphabet, and Meta, as w
Mainfreight Eyes Profit Rebound in Fiscal 2027 After Slump, Jarden Says
Broker Jarden expects Mainfreight's profit to grow 11% in fiscal 2027 after a NZ$230 million slide from its 2023 peak. Early trading data su
Fleetwood's Red Dog Deal Poised to Boost Earnings by AU$10-20 Million by 2027
Fleetwood's Red Dog Village acquisition is set to reshape its earnings, with Euroz Hartleys forecasting AU$10-20 million annual EBIT boost f
Indian Stocks Edge Higher as Tech Mahindra Earnings Beat Lifts IT Sector
Indian stocks opened higher Friday, with the Nifty 50 up 0.38%, as IT shares rallied after Tech Mahindra reported better-than-expected quart
CPE Technology and Japan's Kanekita Form Joint Venture for Chip Equipment Components
CPE Technology and Japan's Kanekita are forming a joint venture to make components for semiconductor manufacturing equipment. Production is
Talga Signs Japan LOI, Targets September Term Sheet for Swedish Anode Supply
Talga Group has signed a non-binding letter of intent with Japan's Dainen Materials for Talnode-C anode material from its planned Vittangi s