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Adidas' product pipeline wins RBC's confidence through 2027
Stocks

Adidas' product pipeline wins RBC's confidence through 2027

RBC Capital Markets reaffirmed its outperform rating on adidas after the company's Innovation Day, pointing to a robust product pipeline thr

Marcus Devlin ·
Bernstein sees Meta smart glasses driving EssilorLuxottica growth into 2026
Stocks

Bernstein sees Meta smart glasses driving EssilorLuxottica growth into 2026

Bernstein remains constructive on EssilorLuxottica, expecting Meta smart glasses to sustain sales growth into late 2026. The firm trimmed it

Eleanor Whitfield ·
ADARx raises $446.3M in upsized Nasdaq IPO, AbbVie takes stake
Stocks

ADARx raises $446.3M in upsized Nasdaq IPO, AbbVie takes stake

San Diego biotech ADARx raised $446.3 million in an upsized Nasdaq IPO, pricing at the top of its range. AbbVie will take a roughly 4.9% sta

Marcus Devlin ·
RBC trims AXA price target as insurer sets 2027-2029 growth plan
Stocks

RBC trims AXA price target as insurer sets 2027-2029 growth plan

RBC Capital Markets trimmed its AXA price target to €52 from €54 after the insurer unveiled 2027-2029 targets, including 7%-9% EPS growth an

Eleanor Whitfield ·
Tata Motors weighs more price hikes as Iran war lifts costs
Stocks

Tata Motors weighs more price hikes as Iran war lifts costs

Tata Motors says it may raise car prices again as the Iran war lifts energy, freight, and raw-material costs. The pressure comes even as ele

Marcus Devlin ·
Airbus weighs asset sales to ease EU scrutiny of space merger
Stocks

Airbus weighs asset sales to ease EU scrutiny of space merger

Airbus is considering selling assets to ease EU antitrust worries about its planned space merger with Thales and Leonardo. The talks are ong

Marcus Devlin ·
Berenberg holds ICG price target but trims FY27 profit view
Stocks

Berenberg holds ICG price target but trims FY27 profit view

Berenberg kept its £26.40 price target on Intermediate Capital Group while trimming FY27 profit forecasts. The bank raised its catch-up fee

Eleanor Whitfield ·
Metzler restarts Talanx coverage with hold, 125-euro target
Stocks

Metzler restarts Talanx coverage with hold, 125-euro target

Metzler restarted coverage of German insurer Talanx with a hold rating and 125-euro price target. The bank sees profits beating the company'

Marcus Devlin ·
Goodwill Entertainment settles Funtech acquisition payment after court win
Stocks

Goodwill Entertainment settles Funtech acquisition payment after court win

Goodwill Entertainment has resolved the final payment issue from its Funtech Solutions acquisition. After court rulings in its favor, the co

Eleanor Whitfield ·
Healius sells Agilex Biolabs to Novotech for AU$160 million
Stocks

Healius sells Agilex Biolabs to Novotech for AU$160 million

Healius is selling its Agilex Biolabs unit to Novotech for AU$160 million, a deal that should net about AU$155 million in cash. The sale lea

Marcus Devlin ·
EcoGraf's Epanko review could boost output 20% for $12M more
Stocks

EcoGraf's Epanko review could boost output 20% for $12M more

EcoGraf says a new engineering review for its Epanko graphite project in Tanzania could lift stage one output by 20% to 87,600 tons a year f

Eleanor Whitfield ·
McDonald's value menu still a work in progress, RBC warns
Stocks

McDonald's value menu still a work in progress, RBC warns

RBC Capital Markets says McDonald's is still fine-tuning its value menu, and that could weigh on Q3 US same-store sales, which it expects to

Marcus Devlin ·