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Stellantis sells Free2move car-sharing unit to Mutares to refocus on core auto business
Stocks

Stellantis sells Free2move car-sharing unit to Mutares to refocus on core auto business

Stellantis is selling its Free2move car-sharing business to Germany's Mutares, with the deal expected to close by year-end. The move marks a

Marcus Devlin ·
Sika raises outlook, Novartis gets Canadian approval, and analyst calls shift for Swiss stocks
Stocks

Sika raises outlook, Novartis gets Canadian approval, and analyst calls shift for Swiss stocks

Swiss stocks kicked off Tuesday with a flurry of corporate news. Sika raised its sales-growth outlook, Novartis secured Canadian approval fo

Eleanor Whitfield ·
Jefferies: Light & Wonder's path to growth hinges on debt reduction and earnings stability
Stocks

Jefferies: Light & Wonder's path to growth hinges on debt reduction and earnings stability

Jefferies says Light & Wonder's next leg up comes down to paying down debt and showing earnings pick up in the second half as new game launc

Marcus Devlin ·
DroneShield lands AU$23M European military order, warns on margins
Stocks

DroneShield lands AU$23M European military order, warns on margins

DroneShield won AU$23.2 million in counter-drone contracts from a European military customer. Most of the revenue will count toward 2026, bu

Eleanor Whitfield ·
DFZQ to acquire Shanghai Securities in 25.1 billion yuan stock-and-cash deal
Stocks

DFZQ to acquire Shanghai Securities in 25.1 billion yuan stock-and-cash deal

DFZQ has agreed to acquire Shanghai Securities for 25.1 billion yuan, paying primarily with newly issued A-shares. The deal would lift DFZQ'

Marcus Devlin ·
Iluka's mineral sands sales surge despite sharp production drop
Stocks

Iluka's mineral sands sales surge despite sharp production drop

Iluka Resources sold 157,000 tonnes of mineral sands in the June quarter, far outpacing production of just 58,000 tonnes. The company now wa

Marcus Devlin ·
Jefferies: Aussie Retail Faces Squeeze in 2027 as Costs Bite
Stocks

Jefferies: Aussie Retail Faces Squeeze in 2027 as Costs Bite

Jefferies expects most Australian retailers to meet fiscal 2026 forecasts, but warns that wage inflation and intensifying competition will s

Eleanor Whitfield ·
Bellevue Gold Hits Top End of FY26 Output Target, Sets FY27 Guidance
Stocks

Bellevue Gold Hits Top End of FY26 Output Target, Sets FY27 Guidance

Bellevue Gold achieved the top end of its FY26 production target with 41,643 ounces in the June quarter. The miner's all-in sustaining cost

Eleanor Whitfield ·
Welltower lifts 2026 outlook again as senior housing occupancy climbs
Stocks

Welltower lifts 2026 outlook again as senior housing occupancy climbs

Welltower raised its 2026 outlook for the second time, now expecting FFO of $6.36-$6.44 per share. The healthcare REIT also boosted its quar

Marcus Devlin ·
Aramark's Data Center Bet Could Boost Results in Late 2025
Stocks

Aramark's Data Center Bet Could Boost Results in Late 2025

Truist Securities sees Aramark's Nexus data center business as a future growth engine, though contributions may take two to three quarters.

Eleanor Whitfield ·
Biotech and AI stocks tumble: MapLight, AiRWA, and Nvidia all fall
Stocks

Biotech and AI stocks tumble: MapLight, AiRWA, and Nvidia all fall

MapLight Therapeutics plunged 68% after its schizophrenia trial showed mixed results, while AiRWA dropped 74% on a $50 million acquisition d

Marcus Devlin ·
Neotech Metals hires ANZAPLAN to design rare earth processing plan for Hecla-Kilmer
Stocks

Neotech Metals hires ANZAPLAN to design rare earth processing plan for Hecla-Kilmer

Neotech Metals has hired Germany's Dorfner ANZAPLAN to design a processing flowsheet for its Hecla-Kilmer rare earth project in Ontario. The

Marcus Devlin ·