Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Orion180's IPO gives founder control via dual-class shares
Orion180 Insurance priced its IPO at $12 a share, raising about $240 million. But the Florida home- and flood-insurer's founder keeps contro
York Holdings expands cheap private-label goods ahead of IPO
York Holdings is expanding its budget private-label lineup to 400 items by end of 2026, responding to inflation-driven price sensitivity. Th
Toyota's automation push could cost ¥1 trillion a year from 2028
Toyota outlined a sweeping factory automation plan that could cost roughly ¥1 trillion ($6.4 billion) a year starting in 2028. The plan woul
BYD and Nio recall EVs in China over brake and steering defects
China's market regulator has ordered BYD to recall 183,211 vehicles over a brake pedal part and Nio to recall 686 Firefly EVs over a steerin
Bernstein upgrades Moncler, says luxury slump is mostly priced in
Bernstein has upgraded Moncler to outperform, arguing the luxury brand's recent share slump has pushed its valuation near post-IPO lows. The
Debenhams brings back Iain McDonald as chair after equity raise
Debenhams has brought back Iain McDonald as board chair, months after he stepped aside so his fund could join the retailer's equity raise. T
Ipsen gets modest price-target lift after strong first half and bolder 2026 goal
French drugmaker Ipsen impressed analysts with a 23.5% sales jump in the first half and raised its 2026 growth target to over 20%. AlphaValu
Daimler Truck's tech pitch faces China pricing test, analyst says
Mwb Research kept a sell rating on Daimler Truck after the IAA Transportation show, warning that cheap Chinese electric trucks could squeeze
Forrestania's Edna May gold project posts first ore reserve, AU$728.7M cash flow
Forrestania Resources has mapped out the first ore reserve for its Edna May gold project in Western Australia. A pre-feasibility study estim
Airtel Money trims London IPO ambitions to $800M after investor pushback
Airtel Money, the payments arm of Airtel Africa, is reportedly lowering its IPO ambitions. The company now aims to raise at least $800 milli
IAG drops KPMG from 2027 audit tender after long tenure
IAG will hold its next audit tender in 2027 and won't invite KPMG, ending a relationship dating to its 2000 ASX listing. The move comes amid
Jefferies could get Q3 boost from dealmaking pickup, Oppenheimer says
Oppenheimer lifted its third-quarter investment banking outlook for Jefferies to $1.274 billion, citing firmer M&A and equity underwriting.