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Assured Guaranty gains edge as Brightline bond issuer skips bankruptcy
Stocks

Assured Guaranty gains edge as Brightline bond issuer skips bankruptcy

Brightline's Chapter 11 filing left the unit that issued its senior bonds out of bankruptcy, giving Assured Guaranty more leverage. UBS says

Eleanor Whitfield ·
NetEase's Ananta Launch Could Boost Growth, Morgan Stanley Says
Stocks

NetEase's Ananta Launch Could Boost Growth, Morgan Stanley Says

Morgan Stanley sees NetEase's upcoming free-to-play anime game Ananta as a potential growth driver when it launches globally on Jan. 15, 202

Eleanor Whitfield ·
Legrand raises 2030 growth targets on AI-driven data center demand
Stocks

Legrand raises 2030 growth targets on AI-driven data center demand

Legrand now expects 6%-8% annual organic growth from 2027 to 2030, up from prior guidance, as AI spending keeps data center demand robust. T

Marcus Devlin ·
Berenberg keeps sell rating on H&M, flags margin pressure ahead
Stocks

Berenberg keeps sell rating on H&M, flags margin pressure ahead

Berenberg keeps its sell rating and 135-kronor price target on H&M, arguing the stock remains expensive. The bank trimmed its FY 2027 gross

Eleanor Whitfield ·
Beyond Oil expands filter powder to 41 more US supermarket stores
Stocks

Beyond Oil expands filter powder to 41 more US supermarket stores

Beyond Oil is expanding its cooking-oil filter powder to 41 more US supermarket stores, marking its third rollout with the same brand. The p

Marcus Devlin ·
Zodiac Gold's Liberia soil survey uncovers new gold and battery metal targets
Stocks

Zodiac Gold's Liberia soil survey uncovers new gold and battery metal targets

Zodiac Gold's soil survey across two Liberia licenses has identified new gold targets and separate anomalies for nickel, cobalt, chromium, a

Marcus Devlin ·
Volkswagen deepens battery tie-up with China's Gotion in €1.1B deal
Stocks

Volkswagen deepens battery tie-up with China's Gotion in €1.1B deal

China's Gotion is investing €1.1 billion in Volkswagen's Valencia battery plant, taking a 49% stake. The deal is part of a broader European

Eleanor Whitfield ·
Satellite Maker Astro Digital to Go Public via SPAC Merger
Stocks

Satellite Maker Astro Digital to Go Public via SPAC Merger

Astro Digital, a small-satellite maker, is going public through a SPAC merger with Proem Acquisition Corp I. The deal values the company at

Marcus Devlin ·
GM warns US auto market crowding will force deeper cost cuts
Stocks

GM warns US auto market crowding will force deeper cost cuts

GM's finance chief says the US auto market is about to get more crowded, and the company is cutting structural costs to stay competitive. Ri

Eleanor Whitfield ·
Hudbay extends Snow Lake mine life to 2043, lifts gold output forecast
Stocks

Hudbay extends Snow Lake mine life to 2043, lifts gold output forecast

Hudbay Minerals has extended the life of its Snow Lake operations in Manitoba to 2043, adding two more years to the mine's runway. The compa

Marcus Devlin ·
KKR-backed Advanta tests India IPO appetite with $400M plan
Stocks

KKR-backed Advanta tests India IPO appetite with $400M plan

Advanta Enterprises, a seed producer backed by KKR and owned by Indian agribusiness UPL, is sounding out investors for an IPO that could rai

Eleanor Whitfield ·
Agfa-Gevaert merges printing unit with EFI in Siris-backed deal
Stocks

Agfa-Gevaert merges printing unit with EFI in Siris-backed deal

Agfa-Gevaert shares rose after it agreed to merge its digital printing business with EFI, owned by private equity firm Siris. The combined c

Marcus Devlin ·