Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Benton Resources spins out Great Burnt copper project into Silverback Metals
Benton Resources is spinning out several mineral projects, including Newfoundland's Great Burnt copper deposit, into privately held Silverba
UBS Raises Sonoco Price Target to $61 on Strong Industrial Packaging Demand
UBS has raised its price target for Sonoco Products to $61, keeping a neutral rating. The bank sees the company's industrial packaging segme
JetBlue Overhauls Fare Options as Airlines Embrace Tiered Pricing Ahead of Earnings
JetBlue is rolling out new fare options that let travelers customize seat selection and refundability, days before its second-quarter earnin
McDonald's Faces Soft Q2, but UBS Sees Recovery in Second Half
McDonald's may report a soft second quarter, with UBS forecasting US same-store sales growth of only 0.5%. However, the bank expects a bette
DKSH expands European healthcare push with Bayer contraceptive brand buy
DKSH is deepening its European healthcare and ingredients business by acquiring Bayer's Meliane contraceptive brand and securing an exclusiv
Charter Communications faces deeper broadband losses after Cox deal closes
RBC Capital Markets expects Charter Communications' broadband subscriber losses to deepen in 2026-27. The pending Cox deal, closing in mid-t
Legend Biotech stock drops 14% despite RBC backing for in vivo CAR-T program
RBC Capital Markets gave a vote of confidence to Legend Biotech's early in vivo CAR-T data, but the stock still slid more than 14% on Monday
Morgan Stanley cuts Las Vegas Sands targets on slower Macau, Singapore trends
Morgan Stanley trimmed its forecasts and price target for Las Vegas Sands after the casino operator reported softer trends in Macau and Sing
BofA Starts ITG Coverage, Sees Broadband Upgrade Tailwinds
Bank of America Securities started coverage on ITG this week, arguing the network-services contractor is well-positioned to benefit from the
Philip Morris doubles down on Zyn with $1.2 billion Colorado expansion
Philip Morris International is expanding its Aurora, Colorado campus with a $1.2 billion investment through 2028, doubling its original plan
Hedge funds pile into US healthcare stocks as AI drug discovery gains traction
Hedge funds are piling back into US healthcare stocks, with Goldman Sachs reporting net exposure near a five-year high. The surge is led by
Berenberg raises Poste Italiane target after strong Q2 and new plan
Berenberg raised its price target for Poste Italiane to €32.90 after the company posted strong second-quarter results and unveiled a new str