Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
RBC boosts Rio Tinto cash flow forecast but keeps underperform rating
RBC Capital Markets raised its 2026 cash flow forecast for Rio Tinto by 14% and dividend estimate to $4.64 per share after strong first-half
SES shares slide 11% as revenue misses estimates despite steady full-year outlook
SES missed revenue estimates in the second quarter, sending shares down more than 11%. The satellite operator kept its full-year guidance bu
Copper overtakes iron ore as Rio Tinto and BHP's top profit driver
Rio Tinto and BHP's half-year results mark a turning point: copper contributed more to profit than iron ore. Strong copper prices and flat i
Avolta's first-half sales growth tempered by Middle East conflict
Avolta posted 3.7% organic turnover growth in the first half of the year. When adjusting for the impact of the Middle East conflict, growth
RBC raises Airbus price target after strong second quarter, but guidance stays put
RBC Capital Markets raised its Airbus price target to €250 from €225 after the planemaker's strong second-quarter results. Airbus kept its 2
Sony Proposes to Acquire Camera Lens Maker Tamron in Full Takeover Bid
Sony has floated a non-binding proposal to acquire Tamron, the camera lens maker, and turn it into a wholly owned subsidiary. Tamron shares
Dexus sells Brisbane office tower for AU$700 million, matching June valuation
Dexus has agreed to sell its 480 Queen Street office tower in Brisbane for AU$700 million, with AU$70 million deferred to 2028. The net pric
Novo Resources partners with Manhattan Gold to drill Tibooburra project in NSW
Novo Resources has teamed up with Manhattan Gold to restart drilling at the Tibooburra gold project in New South Wales. The 2,700-meter prog
St Barbara's Simberi mine output flat, costs remain elevated
St Barbara's New Simberi mine kept gold production steady in the fourth quarter at 14,658 ounces, but operating costs remained high at AU$4,
Jersey Mike's IPO Prices at $23, Raising $1 Billion in Rare Consumer Listing
Jersey Mike's priced its IPO at $23 per share, raising about $1 billion and valuing the company at $7.3 billion. The Blackstone-backed sandw
J&J cuts 2026 profit forecast after Firefly Bio buy and Sail Biomedicines deal
Johnson & Johnson trimmed its 2026 profit forecast after acquiring Firefly Bio and partnering with Sail Biomedicines. The company kept its r
Equinix shares dip on weak Q3 outlook despite raising long-term growth targets
Equinix shares dropped 3% after the data center REIT guided third-quarter revenue slightly below analyst estimates. The company raised its l