Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Macerich upsizes $675M exchangeable notes deal to cut debt
Macerich upsized its exchangeable senior notes to $675 million, priced at a 2.25% coupon with an exchange price of $28.19. The mall REIT pla
JBS and Indonesia's wealth fund launch $2.5B Asia protein venture
Brazilian meatpacker JBS is teaming up with Indonesia's sovereign wealth fund to create a new Asia-Pacific protein venture. The deal brings
HSBC raises Heineken target to €92 on strong Asia Pacific growth
HSBC has raised its price target for Heineken to €92 after the brewer's strong first half. Asia Pacific volumes jumped 9.3% and operating pr
Dream Finders to Buy Beazer Homes for $2.2 Billion in All-Cash Deal
Dream Finders Homes is buying Beazer Homes for $33.50 a share in cash, a deal worth about $2.2 billion including debt. The acquisition would
Retailers Optimize for AI Chatbots While Guarding Checkout Data
As AI chatbots become a new front door for online shopping, retailers are optimizing product pages to appear in AI answers. But they're keep
Siemens Healthineers stock jumps 9% as Berenberg lifts price target despite mixed outlook
Siemens Healthineers shares climbed about 9% after Berenberg kept a Hold rating but raised its price target to €40. The move came as the com
Yum China's $1.2B Pizza Hut deal ends royalty, boosts margins
Yum China is paying $1.2 billion to acquire the Pizza Hut brand rights for Mainland China, ending a 3% royalty to Yum! Brands. The move cuts
Airbus needs a late-year surge to hit its 870 delivery target
Airbus delivered 67 jets in July, keeping its year-to-date total at 418. To hit its 'around 870' target, it must average roughly 90 deliveri
Thyssenkrupp investors weigh tk accelis spinoff as DWS abstains
Thyssenkrupp investors vote Friday on a plan to spin off 49% of tk accelis, its biggest division by sales. Asset manager DWS says it will ab
Spire Healthcare Extends Toscafund Takeover Deadline for Fourth Time
Spire Healthcare has again extended Toscafund's deadline to make a formal 250p-a-share takeover offer, now set for August 21. This fourth ex
Lycopodium wins AU$93M EPCM deal for Blackwater mine expansion
Australian engineering firm Lycopodium has won a AU$93 million contract to manage the expansion of Artemis Gold's Blackwater mine in British
Austral Resources secures AU$15M royalty deal to expand Rocklands copper mine
Austral Resources has secured AU$15 million from QIC's Queensland Critical Minerals Fund to fund stage-two expansion at its Rocklands copper