Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
GCash owner Mynt prices IPO at 6.60 pesos, targets 53 billion pesos
Mynt, the company behind Philippine mobile wallet GCash, has priced its initial public offering at 6.60 pesos per share. The deal is set to
Lynas to acquire Meteoric Resources in A$968M all-share deal for Brazil rare earth project
Lynas Rare Earths has agreed to acquire Meteoric Resources in an all-share deal valued at A$968 million, adding the Caldeira project in Braz
Transurban to Pay AU$4.5 Billion for Bigger Stakes in Sydney Toll Roads
Transurban is paying AU$4.5 billion in cash to buy the Canada Pension Plan Investment Board's stakes in two Sydney road groups, deepening it
Lithium Argentina's Stage 2 Study Targets 45,000-Tonne Expansion
Lithium Argentina released a stage 2 expansion study for its Cauchari-Olaroz mine, targeting a 45,000-tonne annual output increase. A smalle
INOX Air Products Files for India IPO in Pure Secondary Sale
INOX Air Products has filed for an IPO in India, but the deal raises no fresh capital for the company. Instead, top holder Prodair Corp and
Liquidia shares plunge 49% after Delaware patent ruling favors United Therapeutics
Liquidia shares plunged 49% after a Delaware court ruled two United Therapeutics patents valid and infringed. The decision could delay or re
Cummins faces 2027 margin squeeze as EPA rules shift engine mix, UBS says
UBS says Cummins' near-term data center tailwind won't shield it from a 2027-2028 margin squeeze as EPA rules shift engine mix. Warranty cos
Independence Gold raises C$6M for British Columbia drill program
Independence Gold is raising up to C$6 million through a share sale priced at C$0.16 to fund a 10,000-metre drill program at its 3Ts project
Oppenheimer upgrades NICE as AI shifts from threat to growth driver
Oppenheimer upgraded NICE, reversing a November 2024 downgrade, after AI turned from a competitive threat into a demand tailwind. The bank c
Cavco backlog jumps 50% as Oppenheimer sees factory-built housing turnaround
Cavco Industries' fiscal first-quarter backlog jumped 50% from the prior quarter, and industry shipments improved in June and July. Oppenhei
CarMax's Q2 beat and buyback restart lift RBC's price target to $56
CarMax's fiscal Q2 results topped expectations, with revenue up 20% to $7.88 billion. RBC Capital Markets raised its price target to $56, ci
Toho Holdings in talks to buy KKR-backed PHC for ¥200 billion
Tokyo-based drug distributor Toho Holdings is in sole-bidder talks to buy PHC, a KKR-backed medical device maker, for more than ¥200 billion