Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Haleon Eyes Thorne Supplements in Wellness Brand Shopping Spree
Haleon, the British consumer healthcare giant, has joined the race to acquire Thorne, a fast-growing supplements brand owned by L Catterton.
Berenberg Says CTP's 30% Slump Overlooks Its Logistics Land Bank and Growth Prospects
Berenberg argues CTP's recent share slump unfairly lumps it with rate-sensitive European real estate, ignoring its large landbank and logist
Allianz Germany Update Boosts Berenberg's Confidence in Faster Earnings Growth
Berenberg raised its medium-term earnings growth outlook for Allianz after the insurer's Inside Allianz Series in Munich. The investment ban
Berenberg Upgrades Bellway to Buy on Strong Cash Returns Despite Housing Slump
Berenberg upgraded Bellway to buy, highlighting a 4% dividend and £150 million annual buyback. The bank argues generous cash returns could m
Persistent Systems Shares Dive 10% on €1 Billion Nagarro Bid, Analysts Flag Debt and Margin Risks
Persistent Systems shares sank as much as 10.6% after the Indian IT firm offered €1 billion for Germany's Nagarro at a 100% premium. Analyst
Fitch Affirms L&T at BBB+ with Stable Outlook, Citing Strong Margins and Net Cash
Fitch Ratings affirmed Larsen & Toubro's BBB+ rating with a stable outlook, citing strong margins and a deep order book. The agency noted L&
Fitch Affirms China Galaxy Securities at BBB+ on State Support; Shares Rise 2%
Fitch reaffirmed China Galaxy Securities' BBB+ rating on June 26, pointing to potential support from state-owned Central Huijin. The broker'
GCash Owner Mynt Files for Record Manila IPO, Aims to Raise Up to 92.3 Billion Pesos
Mynt, the company behind the popular Philippine mobile wallet GCash, has filed for an IPO in Manila. The deal could raise up to 92.3 billion
Fortum Outbids Audax with NOK 47/Share All-Cash Offer for Elmera; Deoleo Attracts Early Bids
Fortum has outbid Audax for Norwegian utility Elmera with a NOK 47-a-share all-cash offer, backed by Elmera's board. Separately, Spanish oli
ConvaTec's 2026 Profit Hinges on Second-Half Cost Control and Product Mix
Bernstein expects ConvaTec's adjusted operating profit margin to jump to 25.1% in the second half of 2026 from 20.9% in the first half. The
Berenberg Downgrades Berkeley Group to Hold, Citing Limited Upside After Stock Outperformance
Berenberg downgraded Berkeley Group to hold from buy, noting the stock has held up better than peers, reducing upside potential. The bank ke
Berenberg Cuts Persimmon Price Target as Build Costs Rise and Demand Softens
Berenberg cut its price target on Persimmon to £11.50, warning that rising build costs and soft demand will limit pricing power. The German