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UK clears Paramount's $110B Warner Bros. Discovery deal
Stocks

UK clears Paramount's $110B Warner Bros. Discovery deal

UK regulators have cleared Paramount's $110 billion acquisition of Warner Bros. Discovery after David Ellison made legally binding promises

Marcus Devlin ·
Parker-Hannifin forecasts record fiscal 2027 profit on aerospace demand
Stocks

Parker-Hannifin forecasts record fiscal 2027 profit on aerospace demand

Parker-Hannifin expects record fiscal 2027 earnings, guided by strong aerospace and defense demand. The company's adjusted EPS forecast of $

Eleanor Whitfield ·
BMO raises Novo Nordisk target to $47 but seeks clearer growth plan
Stocks

BMO raises Novo Nordisk target to $47 but seeks clearer growth plan

BMO Capital Markets raised its price target on Novo Nordisk to $47 and boosted 2026 earnings estimates after the drugmaker's Q2 results. How

Marcus Devlin ·
Aumovio targets 30% payout but no dividend before 2026
Stocks

Aumovio targets 30% payout but no dividend before 2026

Aumovio wants to return more cash to shareholders, targeting a 30% dividend payout and buybacks. But a €597 million first-half loss means in

Eleanor Whitfield ·
AXA may lift EPS growth target at September investor day
Stocks

AXA may lift EPS growth target at September investor day

Berenberg analysts expect AXA to raise its earnings-per-share growth target at its September 15 investor day, citing steady AXA XL results a

Marcus Devlin ·
Riyad Capital holds Amak target at 100 riyals despite 53% profit drop
Stocks

Riyad Capital holds Amak target at 100 riyals despite 53% profit drop

Saudi miner Amak saw Q2 net profit fall 53% year-on-year, but Riyad Capital kept its buy rating and 100-riyal target. The brokerage points t

Eleanor Whitfield ·
Singapore shares rise 1% as CapitaLand Ascott Trust deal lifts sentiment
Stocks

Singapore shares rise 1% as CapitaLand Ascott Trust deal lifts sentiment

Singapore's benchmark index gained 1% as deal news, led by CapitaLand Ascott Trust's SG$134 million acquisition, overshadowed mixed regional

Eleanor Whitfield ·
Riyad Capital turns bullish on Riyadh Cables despite 19% slide
Stocks

Riyad Capital turns bullish on Riyadh Cables despite 19% slide

Riyad Capital has turned more positive on Riyadh Cables Group, even as the stock has fallen 19% since May. The broker kept its 135-riyal pri

Eleanor Whitfield ·
Swiggy targets 100 billion rupees core earnings by FY31
Stocks

Swiggy targets 100 billion rupees core earnings by FY31

Swiggy has laid out plans to reach 100 billion rupees in annual core earnings by FY31, powered by food delivery and its Instamart quick-comm

Marcus Devlin ·
Samsung and SK Hynix face investor pressure over $263B cash pile
Stocks

Samsung and SK Hynix face investor pressure over $263B cash pile

South Korea's top chipmakers are flush with cash from the AI memory boom, but investors are growing impatient for bigger returns. With a com

Eleanor Whitfield ·
Brazil's chicken glut set to squeeze JBS and MBRF margins in 2026
Stocks

Brazil's chicken glut set to squeeze JBS and MBRF margins in 2026

JPMorgan expects Brazil's chicken oversupply to continue into 2026, hitting margins at JBS and MBRF. With supply outpacing demand, prices ma

Marcus Devlin ·
BHP bets $3M on Argentina copper with junior partner Kobrea
Stocks

BHP bets $3M on Argentina copper with junior partner Kobrea

BHP has struck a deal with junior explorer Kobrea to hunt for copper in Argentina. The world's largest listed miner will fund early work and

Eleanor Whitfield ·