Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Berenberg Raises Fortum Profit Forecasts on Tighter Nordic Power Market
Berenberg has raised its 2026 profit forecasts for Fortum, betting on a tighter Nordic electricity market. The bank kept its Hold rating and
Berenberg Cuts Siemens Healthineers Price Target to €39, Flags Spin-Off and Diagnostics Risks
Berenberg has cut its price target on Siemens Healthineers to €39 and issued a hold rating, pointing to a drawn-out spin-off from Siemens AG
Boeing Opens Fourth 737 MAX Assembly Line to Boost Production
Boeing has opened a fourth 737 MAX final-assembly line in Everett, Washington. The new line will start slowly as the company works toward ra
JZR Gold Hires Contractor to Mobilize Fleet at Brazil's Vila Nova Mine After Raising C$1M
JZR Gold has hired contractor RR Bueno to bring a mining fleet to its Vila Nova Gold Project in Brazil. The move follows a C$1 million capit
Munich Re's 2026 Profit Target Remains Achievable Despite Revenue Miss, Metzler Says
Metzler Capital Markets says Munich Re is on track for its 2026 net profit target of €6.3 billion, even if revenue undershoots management's
Campari Fights Copycat Spritzes with Kegs and Loyalty Program as Market Hits 4 Billion Servings
Campari is launching pre-mixed Aperol Spritz kegs and expanding a bar loyalty program in Italy to distinguish its original from copycat oran
China Clears Shein's Hong Kong IPO After Year-Long Regulatory Wait
China's securities regulator has approved Shein's Hong Kong IPO after a year-long wait. The fast-fashion retailer now targets a $40-50 billi
Allianz Price Target Raised as AI-Driven Cost Cuts Exceed Expectations
Metzler Capital Markets raised its price target on Allianz to €454 from €420, betting the insurer's AI push will cut costs faster than expec
Burkina Faso Grants Gold Mine Permit to State Miner, Shifting Away from Private Development
Burkina Faso has granted its state mining company SOPAMIB an industrial permit for the Bouboulou gold project. The mine targets over 7 metri
Cango Announces 10-for-1 Reverse Stock Split Set for July 20
Cango will consolidate every 10 ordinary shares into one after the close on July 20. Shares will trade split-adjusted on July 21 under the s
Volkswagen Global Deliveries Slip 8.6% as China Sales Plunge 36.6%
Volkswagen reported an 8.6% decline in global deliveries for the second quarter, driven by a 36.6% slump in China. Gains in North America an
Analysts Stay Cautious on Daimler Truck After Q2 Uptick
Daimler Truck's Q2 sales rose 8% to 86,707 vehicles, but MWB Research keeps a sell rating and €30 target. The firm warns the gain is from a