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Bernstein cuts LVMH target as China luxury demand cools
Stocks

Bernstein cuts LVMH target as China luxury demand cools

Bernstein cut its price target on LVMH to €520 from €570, pointing to slowing Louis Vuitton growth in China and an IP dispute with Molly Tea

Marcus Devlin ·
Trustpilot shares slide 20% as steady outlook disappoints investors
Stocks

Trustpilot shares slide 20% as steady outlook disappoints investors

Trustpilot shares tumbled as much as 20% on Tuesday even after the reviews platform reported 23% first-half revenue growth. Investors were h

Eleanor Whitfield ·
BHP Port Hedland workers seek arbitrator to set pay after talks stall
Stocks

BHP Port Hedland workers seek arbitrator to set pay after talks stall

After nine months of negotiations, the union representing about 450 workers at BHP's Port Hedland port says it will ask Australia's Fair Wor

Marcus Devlin ·
Delta Electronics Plans $1.5B Exchangeable Bond via Singapore Unit
Stocks

Delta Electronics Plans $1.5B Exchangeable Bond via Singapore Unit

Delta Electronics is preparing a $1.5 billion exchangeable bond issue through its Singapore subsidiary. The zero-coupon, dual-tranche deal l

Eleanor Whitfield ·
EQ Resources buys into Nevada tungsten plant restart with offtake deal
Stocks

EQ Resources buys into Nevada tungsten plant restart with offtake deal

EQ Resources is taking a 10% stake in a joint venture to restart a Nevada tungsten processing plant. The deal includes an eight-year offtake

Marcus Devlin ·
NRW's AU$313M in new wins bolster its 2027 earnings outlook
Stocks

NRW's AU$313M in new wins bolster its 2027 earnings outlook

NRW Holdings has secured roughly AU$313 million in new work, including a key EPC contract for Ramelius' Mt Magnet expansion. Broker Euroz Ha

Eleanor Whitfield ·
Nickel Industries' Excelsior Ramp-Up Slowed by Water Shortages
Stocks

Nickel Industries' Excelsior Ramp-Up Slowed by Water Shortages

Nickel Industries reported record August earnings, but water shortages from dry weather are slowing the ramp-up of its Excelsior nickel-coba

Marcus Devlin ·
Apollo Silver courts Chihuahua community ahead of mining vote
Stocks

Apollo Silver courts Chihuahua community ahead of mining vote

Apollo Silver is trying to ease water-supply worries in Chihuahua, Mexico, ahead of a Sept. 20 community vote on lifting an exploration mora

Eleanor Whitfield ·
UBS: GM's digital services could be the real growth engine
Stocks

UBS: GM's digital services could be the real growth engine

UBS argues that GM's connected-car services could become a major profit driver, with digital revenue projected to triple over a decade. The

Eleanor Whitfield ·
Silver Hammer seeks Idaho drilling permit for Silver Strand
Stocks

Silver Hammer seeks Idaho drilling permit for Silver Strand

Silver Hammer Mining has applied for a permit to drill up to 2,438 meters across eight holes at its Silver Strand project in Idaho. The comp

Marcus Devlin ·
UBS: Allegiant's Sun Country synergies not fully priced in yet
Stocks

UBS: Allegiant's Sun Country synergies not fully priced in yet

UBS believes Allegiant Travel's Sun Country acquisition synergies aren't fully reflected in the stock price. The bank forecasts EPS of $9 in

Marcus Devlin ·
GAC and FAW move to unify Toyota ventures under one sales company
Stocks

GAC and FAW move to unify Toyota ventures under one sales company

GAC and FAW are exploring a deal to combine their Toyota ventures under one sales company, with Toyota holding 50%. The move could reshape T

Eleanor Whitfield ·