Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Eli Lilly in Talks to Buy AtaiBeckley for Over $2 Billion, Shares Surge 50%
Eli Lilly is negotiating to buy AtaiBeckley, a psychedelic drug developer, for over $2 billion, Bloomberg reports. AtaiBeckley shares jumped
Angelini Pharma Acquires Catalyst Pharmaceuticals in $4.1 Billion Deal Backed by CDP and Blackstone
Angelini Pharma has completed its $4.1 billion acquisition of Catalyst Pharmaceuticals, paying $31.50 per share. The deal was funded with €1
Hero MotoCorp Enters German Market Through KSR Group Partnership
Hero MotoCorp is entering Germany through a partnership with KSR Group, selling premium models like the XPulse 200 4V across 28+ sales and s
UAE Telecom e& Sells Vodafone Stake, Reviews Non-Core Bets Under New CEO
UAE telecom group e& is selling its entire 16.2% stake in Vodafone for nearly $6 billion and reviewing non-core investments under new CEO Ma
7-Eleven Owner Seven & i in Talks for Double-Digit Stake in Poland's Zabka
Seven & i, the Japanese owner of 7-Eleven, is reportedly in late-stage talks to acquire a double-digit stake in Poland's Zabka Group. The de
Berenberg Cuts Avolta Forecasts After Soft Q2, Citing Weakness in EMEA and North America
Berenberg trimmed its forecasts for travel retailer Avolta after a softer second quarter, cutting its price target to 56 francs from 59. The
BofA Upgrades Imperial Brands as Australia Drag Fades, Sees 3-5% EBIT Growth
Bank of America upgraded Imperial Brands to buy, saying Australia's drag on earnings is fading. Australia now represents only about 1% of re
Dunelm Sales Rise 2.9% on Garden Buys, DFS Orders Slip 4.4% as UK Shoppers Hold Back on Big Furniture
UK homewares retailer Dunelm lifted sales 2.9% to £428 million in the April-June quarter, helped by a heatwave that drove online garden buys
EQT Raises Kakaku.com Bid to ¥3,460, Extends Tender in Bidding War
EQT has raised its takeover bid for Japanese price-comparison site Kakaku.com to 3,440-3,460 yen per share, surpassing a competing offer fro
Angelini Pharma Closes $4.1B Catalyst Buyout with State and Blackstone Backing
Italy's Angelini Pharma has completed its $4.1 billion all-cash takeover of Catalyst Pharmaceuticals, with €1 billion from state investor CD
Telenor Shares Plunge 12% After Cutting 2026 Targets on Weak Quarter
Telenor shares fell 12% after the Norwegian telecom operator missed earnings expectations and cut its 2026 outlook. The company cited slower
RBC Sees Rio Tinto Holding 2026 Outlook Despite Simandou Slowdown
RBC Capital Markets expects Rio Tinto to keep its 2026 outlook unchanged when it reports first-half results on July 28. The bank trimmed its