Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
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
KKR and ECP Sweeten DCC Bid With Contingent Nexora Payout
Private equity firms KKR and Energy Capital Partners have increased their bid for DCC to £5.81 billion. The new offer keeps £65.25 per share
Crest Nicholson Posts £11.9M Loss, Slashes Land Buying to Preserve Cash
Crest Nicholson posted £197.6M in H1 revenue and an £11.9M adjusted operating loss. The homebuilder is cutting land purchases to protect cas
Uber Launches $14.8 Billion Cash Bid for Delivery Hero, Antitrust Hurdles Loom
Uber has made a $14.8 billion cash takeover offer for German food-delivery company Delivery Hero. The bid requires at least 50% plus one sha
Frasers Group Freezes 2027 Outlook Amid Hugo Boss and Accent Group Bids
Frasers Group froze its fiscal 2027 outlook after reporting a 4% drop in adjusted profit, missing analyst forecasts. The company says its li
Ocado Pursues New US Retail Partners After Kroger, Sobeys Scale Back
Ocado is hunting for new US retail partners after Kroger and Sobeys scaled back plans for its robotic fulfillment centers. Half-year results
Uber to Acquire Delivery Hero in $14.8 Billion Deal, Closing Expected by 2027
Uber has struck a deal to acquire Delivery Hero for $14.8 billion, offering €41.50 per share. The transaction, funded by a €14 billion bridg
Sodexo Bets on US Turnaround, Raises 2027 Revenue Growth Target
Sodexo is betting on a US comeback, raising its 2027 organic revenue growth target to 2%-3%. New CEO Thierry Delaporte is making North Ameri
ABB's $5.5 Billion Cash Deal for Rotork Is Its Largest Acquisition Ever
ABB is buying Rotork for $5.5 billion in cash, its biggest acquisition ever. The Swiss engineering firm is using proceeds from last October'
ABB's $5.5 Billion Cash Bid for Rotork Wins Board Backing, Closing Expected by Mid-2027
Swiss industrial automation giant ABB has made a $5.5 billion cash offer for Rotork, a UK manufacturer of industrial valves and actuators. R
Csquare Prices IPO at $21, Raising $1.05 Billion in AI Infrastructure Bet
Csquare priced its IPO at $21 a share, below the $23-27 range, yet raised $1.05 billion. The data center operator's debut highlights strong
China Growth Slows to Three-Year Low; Stripe-Advent Bid $53B for PayPal
China's economy grew at its slowest pace in three years, with weak consumer spending and a sluggish property market. Separately, Stripe and