Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
RBC Starts Everest Group at Outperform, Says Turnaround Makes Stock Cheap
RBC Capital Markets began covering Everest Group with an outperform rating and a $455 price target, arguing the insurer's retreat from volat
Morgan Stanley Upgrades NNN REIT, Says Rate Selloff Went Too Far
Morgan Stanley upgraded NNN REIT to overweight and set a $50 price target, well above the stock's recent level near $41.50. The bank argues
Tradeweb Upgrades AI Bond Pricing Tool, Shares Climb
Tradeweb Markets jumped more than 5% premarket after upgrading its AI-Price tool for US corporate bonds. The move targets a market where man
Accelevation Files for Nasdaq IPO, Seeking Up to $5.37 Billion Valuation
Accelevation, an Olympus Partners-backed data center infrastructure firm, has filed for a Nasdaq IPO. It aims to raise up to $720 million at
On Holding launches first $1B buyback, sets 2029 growth targets
On Holding announced its first-ever $1 billion share buyback and new long-term targets through 2029. The Swiss shoemaker is pushing into app
M&C Saatchi Scraps A$1 Australia-NZ Sale, Shares Fall 6.8%
M&C Saatchi has abandoned the A$1 sale of its Australia and New Zealand business after talks failed. Shares fell 6.8% to 137 pence as the ad
Private Equity Is Circling Australia's Listed Companies
Private equity and overseas buyers are circling Australia's listed companies in 2026, with deals like Steadfast's A$7.7 billion take-private
IDP Education Rejects Blackstone's A$2.50 Takeover Bid as Too Low
IDP Education rejected Blackstone's A$2.50-a-share all-cash bid, calling it substantially undervalued. The private equity firm had earlier o
TUI Narrows 2026 Earnings Outlook as Middle East Conflict Delays Bookings
TUI tightened its 2026 earnings outlook after warning that conflict in the Middle East is making travelers book later, even as demand holds
Corvex Pushes for Board Seat at Whitbread, Escalating Pressure on Premier Inn Owner
Corvex Management, Whitbread's biggest shareholder with a 6.4% stake, wants a general meeting to install partner James Gemmel on the board.
UAE-backed Titan's A$333M bid wins Global Lithium board backing
Global Lithium Resources has agreed to a A$333 million takeover by UAE-backed Titan Australia Mining. The A$1.15 per share offer, a 73% prem
LVMH price targets cut twice as Danone raises €1.5B in bonds
LVMH drew two price-target cuts from RBC and Jefferies, signaling caution on luxury demand. Meanwhile, Danone raised €1.5 billion in bonds a