Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Berenberg Lifts Keller Group Target After Surprise Profit Guidance Upgrade
Berenberg lifted its target price for Keller Group to £31.50 after the contractor surprised markets with guidance for revenue and underlying
RBC Makes Minor Tweaks to Elis Forecasts Ahead of H1 Results, Keeps €27.50 Target
RBC Capital Markets has made small adjustments to its forecasts for Elis ahead of the company's first-half results on July 29. The bank kept
Errington Metals Adds 48% More Land in Sudbury Basin with Mixed Cash, Shares, Royalty Deal
Errington Metals agreed to buy unpatented mining claims in Ontario's Sudbury Basin, boosting its land position by 48%. The deal uses cash, s
RBC Sees Hidden Value in Carrefour's Cash Flow and Cost Savings Plan
RBC Capital Markets initiated coverage of French grocer Carrefour with an Outperform rating, arguing the company's cash generation and cost-
Berenberg Maintains Positive View on Banijay Ahead of First-Half Results
Berenberg has reiterated its positive stance on Banijay Group ahead of its July 29th first-half results. The bank expects steady trends from
Vertex's $10B Crinetics Buy and ADNOC's $1B Shell Deal Signal Broad M&A Activity
Tuesday saw two major deals: Vertex's $10 billion acquisition of Crinetics Pharmaceuticals and ADNOC Distribution's $1 billion purchase of S
Apple Supplier Luxshare Raises $3.1 Billion in Hong Kong Listing at Top Price
Luxshare Precision Industry, a key Apple supplier, raised about HK$24.27 billion in its Hong Kong listing, pricing shares at the top end. Th
Kartonsan Shares Whipsaw After 77% Stake Sold at 68% Discount
Kartonsan shares whipsawed Tuesday after its controlling owners agreed to sell a 77.2% stake for $72 million, a price 68.1% below Monday’s c
SBI Funds Management Preps $1.2B IPO with ADIA, GIC as Anchor Investors
SBI Funds Management, India's biggest asset manager, is set to launch a $1.2 billion IPO next week. Abu Dhabi's ADIA and Singapore's GIC are
Italian Sea Group Gets Court Protection, Plans €100 Million Capital Raise
The Italian Sea Group has been granted court protection by a Florence court starting July 1, and the luxury yacht-maker is preparing a €100
Suncorp Technologies Delays Share Consolidation, Pushing Key Dates to Mid-Year
Suncorp Technologies is postponing its planned 5-for-1 share consolidation, shifting key milestones like shareholder votes and the first day
Young's Pub Sales Rise 5.5% as Summer Weather and World Cup Boost Revenue
Young & Co's like-for-like sales rose 5.5% in the first 14 weeks of its fiscal year, helped by sunny weather, World Cup matchdays, and longe