Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Allianz Price Target Raised as AI-Driven Cost Cuts Exceed Expectations
Metzler Capital Markets raised its price target on Allianz to €454 from €420, betting the insurer's AI push will cut costs faster than expec
Burkina Faso Grants Gold Mine Permit to State Miner, Shifting Away from Private Development
Burkina Faso has granted its state mining company SOPAMIB an industrial permit for the Bouboulou gold project. The mine targets over 7 metri
Cango Announces 10-for-1 Reverse Stock Split Set for July 20
Cango will consolidate every 10 ordinary shares into one after the close on July 20. Shares will trade split-adjusted on July 21 under the s
Volkswagen Global Deliveries Slip 8.6% as China Sales Plunge 36.6%
Volkswagen reported an 8.6% decline in global deliveries for the second quarter, driven by a 36.6% slump in China. Gains in North America an
Analysts Stay Cautious on Daimler Truck After Q2 Uptick
Daimler Truck's Q2 sales rose 8% to 86,707 vehicles, but MWB Research keeps a sell rating and €30 target. The firm warns the gain is from a
NEC to Unify Profit Reporting Across All Segments, Targets ¥3 Trillion IT Revenue
NEC is simplifying its financial reporting by switching to a single profit metric—Non-GAAP operating profit—across all business segments. Th
EasyJet Backs Apollo's £5.7B Bid, Triggering Takeover Battle with Castlelake
EasyJet's board has dropped support for Castlelake's £5.5 billion offer and is now backing Apollo's £5.7 billion proposal. The move sent sha
Bayer Sells Minority Stake in Contraceptives Unit to Apollo for €3 Billion
Bayer has struck a €3 billion deal with Apollo Global Management, selling a minority stake in its long-acting reversible contraceptives busi
Apollo's £5.7 Billion Cash Bid for EasyJet Triggers Bidding War, August Deadline Set
Apollo Global Management has made a £5.7 billion cash offer for EasyJet, topping a rival bid from Castlelake. The airline has dropped suppor
EasyJet Agrees in Principle to £5.7 Billion Apollo Takeover at £7.15/Share
EasyJet has agreed in principle to a £5.7 billion takeover approach from Apollo Global Management at £7.15 per share. The deal is not yet fi
UAE's E& Exits Vodafone in $5.95 Billion Stake Sale to Xavier Niel
UAE telecom group E& is selling its entire Vodafone stake for $5.95 billion to French billionaire Xavier Niel's family group. The deal, at a
Italy's Post Office Eyes €13.5B Telecom Italia Bid to Build AI Infrastructure
Poste Italiane, Italy's state-backed postal service, is weighing a €13.5 billion offer for Telecom Italia. The move would expand its network