Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Latrobe Magnesium eyes 30-year slag supply deal for US plant
Latrobe Magnesium says it could lock in up to 600,000 tonnes a year of ferronickel slag from Eramet's Societe Le Nickel for its planned US m
ATEX expands Chile copper-gold drilling, eyes 2027 resource update
ATEX Resources finished its biggest drilling campaign yet at Chile's Valeriano copper-gold project, logging 28,400 meters. The company plans
Walmart, Wendy's drag consumer stocks lower as sector funds slip
Consumer sector funds slipped Wednesday as Walmart and Wendy's weighed. Walmart fell on a Medicare Advantage partnership, while Wendy's drop
US restaurant sales growth masks persistent drop in diner traffic
Seaport Research expects US restaurant same-store sales to grow 1%-2% through 2026, but traffic remains negative. Menu price hikes and order
UBS turns bullish on Union Pacific, sees growth through 2027
UBS upgraded Union Pacific to 'buy' and raised its price target to $339, citing strong volume and pricing trends. The bank sees earnings gro
BofA trims Advanced Petrochemical target but sees 2026 turnaround
Bank of America trimmed its price target on Advanced Petrochemical to 30 riyals but kept a positive stance. The bank expects volumes to reco
TransDigm's next lift may come from deals, buybacks, RBC says
RBC Capital Markets says TransDigm's next growth driver may be capital returns or acquisitions, not aircraft demand. Deals, buybacks, or a s
BofA: Bandwidth's AI voice story is promising but still early
Bank of America began covering cloud-calling firm Bandwidth with a neutral rating and a $60 price target. The bank likes the company's netwo
Guidewire's cloud backlog could fuel steady growth into 2027
RBC says about 100 Guidewire customers still need to move off on-premises systems over the next four to five years. That backlog, plus new A
Wedbush says Ascendis' Novo split selloff missed the point
Ascendis Pharma is ending its collaboration with Novo Nordisk, regaining rights to its once-monthly obesity drug candidate. Shares fell, but
Rock Tech Lithium expands private placement to CA$6M for Ontario converter
Rock Tech Lithium has upsized its private placement to CA$6 million, pricing about 9.2 million units at CA$0.65. Proceeds will fund its Geor
Xali Gold considers selling Mexico assets to fund Peru project
Xali Gold is exploring the sale of its El Oro hard-rock assets in Mexico to concentrate on its Pico Machay project in Peru. The company may