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Morgan Stanley Cuts Tractor Supply Price Target After Company Drops Long-Term Goals
Stocks

Morgan Stanley Cuts Tractor Supply Price Target After Company Drops Long-Term Goals

Morgan Stanley cut its price target for Tractor Supply to $35 from $45 after the rural retailer abandoned its long-term financial targets. T

Eleanor Whitfield ·
Morgan Stanley Raises Nasdaq Earnings Forecasts on AI, Tokenization, and Extended Trading
Stocks

Morgan Stanley Raises Nasdaq Earnings Forecasts on AI, Tokenization, and Extended Trading

Morgan Stanley raised its earnings forecasts for Nasdaq after a strong quarter, pointing to AI, tokenization, and a planned 23/5 US equities

Marcus Devlin ·
Berenberg Raises Fresnillo Forecasts After Strong Gold Output, Keeps Hold Rating
Stocks

Berenberg Raises Fresnillo Forecasts After Strong Gold Output, Keeps Hold Rating

Berenberg raised its forecasts for Fresnillo after a stronger-than-expected Q2 production update for gold and base metals. The bank kept a H

Marcus Devlin ·
Poste Italiane's Telecom Italia Bid Opens, Strategic Plan Due Early 2025
Stocks

Poste Italiane's Telecom Italia Bid Opens, Strategic Plan Due Early 2025

Poste Italiane's offer for Telecom Italia is now open, and the company says it will unveil a strategic plan for the combined group early nex

Eleanor Whitfield ·
SK Chairman's Divorce Ruling Preserves Control, Stock Falls 4%
Stocks

SK Chairman's Divorce Ruling Preserves Control, Stock Falls 4%

A Seoul High Court divorce ruling requires SK Group Chairman Chey Tae-won to pay 944 billion won in cash to his ex-wife, but he keeps his 17

Marcus Devlin ·
Poste Italiane Beats Profit Forecasts, STMicro Plans New Chip Plants, Italy Treasury Sets BOT Auction
Stocks

Poste Italiane Beats Profit Forecasts, STMicro Plans New Chip Plants, Italy Treasury Sets BOT Auction

Poste Italiane beat profit expectations as the Treasury readies its July 29 semi-annual BOT sale. STMicroelectronics laid out new investment

Eleanor Whitfield ·
South Korea's Bonus Backlash Spreads Beyond Samsung to Hyundai, Kakao
Stocks

South Korea's Bonus Backlash Spreads Beyond Samsung to Hyundai, Kakao

Reports of massive bonuses at Samsung Electronics have sparked a broader labor movement in South Korea. Unions at Hyundai Motor and Kakao ar

Marcus Devlin ·
Iris Cairns Property Makes Reef Casino Trust Takeover Unconditional After Qld Approval
Stocks

Iris Cairns Property Makes Reef Casino Trust Takeover Unconditional After Qld Approval

Iris Cairns Property has declared its takeover offer for Reef Casino Trust unconditional after securing Queensland Government approvals. The

Eleanor Whitfield ·
KGL Resources Closes AU$120M Rights Issue, Eyes AU$300M Total Raise
Stocks

KGL Resources Closes AU$120M Rights Issue, Eyes AU$300M Total Raise

KGL Resources has closed a AU$120 million rights issue and says its broader equity raise could total about AU$300 million. Major shareholder

Marcus Devlin ·
Estée Lauder Gains Market Share, but Travel-Retail Headwinds Persist: RBC
Stocks

Estée Lauder Gains Market Share, but Travel-Retail Headwinds Persist: RBC

Estée Lauder's turnaround is showing signs of progress, with market-research data indicating share gains across key beauty categories. Howev

Marcus Devlin ·
Morgan Stanley Raises CME Group Price Target to $330 on New Futures Products
Stocks

Morgan Stanley Raises CME Group Price Target to $330 on New Futures Products

Morgan Stanley raised its price target on CME Group to $330, citing new products like single-stock and compute futures. The analysts see the

Marcus Devlin ·
BofA Downgrades Rollins After Soft Q2; Shares Drop 9%
Stocks

BofA Downgrades Rollins After Soft Q2; Shares Drop 9%

Bank of America downgraded pest-control firm Rollins after a softer-than-expected Q2. The bank flagged weak residential lead generation, sen

Eleanor Whitfield ·