Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
S&P Upgrades China Merchants Port Holdings to A- on Steady Cash Flow
S&P Global Ratings upgraded China Merchants Port Holdings to A- from BBB+, pointing to steadier cash flow and rising throughput. The move lo
Telecom Plus Pivots to Multi-Service Focus; Berenberg Slashes Target to £12
Berenberg slashed its price target for Telecom Plus to £12 from £26 after the company outlined a new five-year strategy. The plan calls for
H&M Revamps Stores but Weak Western Europe Sales and Rising Freight Costs Pressure Growth
H&M says store upgrades and a tech overhaul are helping, but shaky consumer confidence in Western Europe and rising freight costs are holdin
Kadokawa CEO Survives Vote but Shareholder Revolt Signals Governance Shift
Kadokawa CEO Takeshi Natsuno survived a shareholder vote but saw support plunge to 59.68% after activist Oasis Management sought his ouster.
H.B. Fuller to Acquire Advanced Medical Solutions in £715 Million Cash Deal
H.B. Fuller is acquiring Advanced Medical Solutions for £715 million in cash, paying 285 pence per share. The deal, backed by the UK firm's
Elmera Shares Surge 43% as Mystery Buyer Tops Audax's $456 Million Bid
Elmera Group shares surged 43% after the Norwegian utility said an unnamed strategic buyer is in exclusive due diligence at a price well abo
Engcon Brings Back Founder as CEO as Berenberg Cuts Price Target on Weak Margins
Swedish excavator attachment maker Engcon is bringing back founder Stig Engström as CEO. Berenberg maintained its Buy rating but cut its pri
S&P Upgrades Bharti Airtel to BBB+ as Data Demand Boosts Cash Flow
S&P Global Ratings upgraded Bharti Airtel to BBB+, reflecting stronger earnings from mobile data growth in India and Africa. The agency expe
EasyJet Rejects Castlelake's £4.93 Billion Bid but Keeps Door Open
EasyJet has turned down Castlelake's fourth, sweetened £4.93 billion takeover offer. The airline will still give the suitor limited access t
EasyJet Rejects £4.93 Billion Castlelake Bid Again, Opens Limited Data Room
EasyJet has turned down Castlelake's fourth, higher offer of £4.93 billion, saying it still undervalues the airline. The company will share
Berenberg Cuts Tryg Price Target on DKK1.2 Billion Reserve Charge, Trims Buyback Hopes
Berenberg has turned more cautious on Tryg, cutting its price target to DKK160 after the insurer flagged a DKK1.2 billion one-off reserving
Berenberg Sees Path to Vusion's 2027 Sales Target, Cuts Price Target to €220
Berenberg maintains a buy rating on VusionGroup but lowers its price target to €220, signaling that while long-term sales growth is possible