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Nestlé Faces Long Road to Regain Trust After Baby Formula Recall Over Toxin Risk
Stocks

Nestlé Faces Long Road to Regain Trust After Baby Formula Recall Over Toxin Risk

Nestlé says some parents may not return after pulling baby formula over possible cereulide contamination. The food giant warns it could take

Marcus Devlin ·
US Box Office Heads for Best Post-COVID Q2 as AMC Share Sale Dampens Mood
Stocks

US Box Office Heads for Best Post-COVID Q2 as AMC Share Sale Dampens Mood

US movie theaters are set for their best post-COVID second quarter, with June ticket sales projected at $1.05 billion. However, AMC's latest

Marcus Devlin ·
Sucro Shares Surge 13% on Strategic Review, Rules Out Full Sale
Stocks

Sucro Shares Surge 13% on Strategic Review, Rules Out Full Sale

Sucro shares surged 13% after the company launched a strategic review to explore value-unlocking options like asset sales, joint ventures, a

Eleanor Whitfield ·
Biodexa Prices Three-Part Fundraise, Stock Dips on Dilution Fears
Stocks

Biodexa Prices Three-Part Fundraise, Stock Dips on Dilution Fears

Biodexa Pharmaceuticals has priced a three-part fundraise worth $3.5 million, combining a registered offering, private placement, and warran

Marcus Devlin ·
Fox Factory Downgraded by BofA as Cost Cuts Fail to Offset Weak Demand
Stocks

Fox Factory Downgraded by BofA as Cost Cuts Fail to Offset Weak Demand

Bank of America Securities downgraded Fox Factory to underperform, arguing its cost-cut push may not be enough to lift 2026 earnings much. T

Eleanor Whitfield ·
Pyxis Oncology Raises Up to $114M in Private Placement to Fund Micvo Studies
Stocks

Pyxis Oncology Raises Up to $114M in Private Placement to Fund Micvo Studies

Pyxis Oncology is raising up to $114 million via a private placement, securing $50 million upfront to advance its drug candidate Micvo. The

Marcus Devlin ·
Nestlé Sets 2026 Deadline to Remove Artificial Colors Globally, Testing Margins
Stocks

Nestlé Sets 2026 Deadline to Remove Artificial Colors Globally, Testing Margins

Nestlé will remove artificial colors from all its products globally by 2026, after years of R&D. The shift responds to consumer demand for c

Marcus Devlin ·
Cencora Chair Mark Durcan Buys $1M in Stock After Post-Earnings Dip
Stocks

Cencora Chair Mark Durcan Buys $1M in Stock After Post-Earnings Dip

Cencora chair Mark Durcan bought 4,000 shares worth about $1 million after the stock fell following Q2 earnings. The purchase, flagged as un

Eleanor Whitfield ·
QXO and TopBuild Near Deal Close: Cash-Stock Mix Set at $249.71 Plus 10.211 Shares
Stocks

QXO and TopBuild Near Deal Close: Cash-Stock Mix Set at $249.71 Plus 10.211 Shares

QXO is finalizing its acquisition of TopBuild, aiming for a July 1 close. Most TopBuild holders elected cash, but proration rules mean the p

Marcus Devlin ·
Oppenheimer Downgrades Goldman Sachs and Morgan Stanley, Citing Stretched Valuations
Stocks

Oppenheimer Downgrades Goldman Sachs and Morgan Stanley, Citing Stretched Valuations

Oppenheimer downgraded Goldman Sachs and Morgan Stanley, saying their valuations look stretched. The brokerage prefers alternative asset man

Eleanor Whitfield ·
UK Government Threatens to Review $110B Paramount-Skydance-Warner Deal Over Media Freedom
Stocks

UK Government Threatens to Review $110B Paramount-Skydance-Warner Deal Over Media Freedom

The UK government is weighing whether to intervene in the $110 billion Paramount-Skydance deal for Warner Bros Discovery. Culture minister L

Marcus Devlin ·
Quarterhill Buys Conduent's Tolling Unit in $70M Cash-and-Stock Deal
Stocks

Quarterhill Buys Conduent's Tolling Unit in $70M Cash-and-Stock Deal

Quarterhill is buying Conduent's tolling unit for $70 million in cash and stock. The deal, closing in Q4 2026, could create a combined backl

Eleanor Whitfield ·