Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
European ADRs flat on Thursday, but Endava and Bicycle swing sharply
The S&P Europe Select ADR Index slipped just 0.09% on Thursday, but beneath the calm surface, Endava tumbled 11% while Bicycle Therapeutics
Morgan Stanley sees Everpure hitting 'Rule of 60' on AI demand
Morgan Stanley turned more bullish on data-storage company Everpure, lifting its price target to $137. The bank sees AI-related products and
HLS Therapeutics expands share buyback after TSX approval
HLS Therapeutics received TSX approval to increase its share buyback limit to about 1.87 million shares, roughly 10% of its public float. Th
MGM shares tumble 10% as Barry Diller's group abandons $18B buyout
MGM Resorts shares plunged 10% after Barry Diller's People Inc abandoned its $18 billion-plus plan to take the casino operator private. The
Starbucks to close 250 North American stores as turnaround plan takes shape
Starbucks will close 250 underperforming North American stores by the end of fiscal 2026 as part of CEO Brian Niccol's 'Back to Starbucks' t
Ryanair fare outlook lifts Bank of America's price target to €28
Bank of America nudged its price target for Ryanair to €28 after an analyst dinner with CFO Neil Sorahan. The bank sees slightly firmer near
Prudential holds 2026 growth targets despite China tax reports
Prudential says it remains on track for 10%-plus growth in 2026, even as a reported 20% tax on offshore policies in mainland China could hur
BofA stays bullish on Symrise, says perfume gains hidden by weak segments
BofA reaffirmed its buy rating and €110 price target on Symrise after touring its Grasse fragrance campus. The bank argues the company's cor
Schneider Electric to buy Shelly Group in €1.2B smart-home deal
Schneider Electric will launch a €1.2 billion tender offer for Bulgaria's Shelly Group at €70 per share. The deal, backed by Shelly's founde
Schneider bids €70/share for Shelly; BlackRock eyes $25B data centers
M&A activity picked up Thursday as Schneider Electric targeted Shelly Group at €70 a share and a BlackRock-backed consortium discussed payin
Bernstein: Alcon's lens wobble is temporary, growth to return
Bernstein says Alcon's intraocular lens business faces a near-term wobble as Johnson & Johnson rolls out PureSee in the US, but expects grow
Starboard pushes Knife River to boost margins or sell
Starboard Value has built a stake in Knife River and is pressing the construction-materials company to close its profitability gap or consid