Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Mubadala invests $1 billion in China's Luckin Coffee
Abu Dhabi's Mubadala sovereign wealth fund has agreed to invest $1 billion in Luckin Coffee, the Chinese chain that recovered from a 2020 ac
Primark launches home delivery in Great Britain as sales growth slows
Primark is finally adding home delivery in Great Britain, a major shift for a chain built on in-store shopping. AB Foods expects Q4 sales up
RBC keeps Inditex at Outperform despite rising transport costs
RBC Capital Markets kept its Outperform rating and EUR63 price target on Inditex after the Zara owner posted 19.76 billion euros in first-ha
Ora Banda starts Waihi underground mining near Davyhurst as high-grade hits continue
Ora Banda Mining has kicked off underground mining at its Waihi deposit near Kalgoorlie, just 3km from its Davyhurst plant. Fresh drill resu
Nine extends Premier League rights on Stan through 2033-34
Nine Entertainment has renewed its Premier League rights through the 2033-34 season, keeping matches on Stan. The deal extends beyond the pr
Hero Motors sets IPO price band, targets $105M raise
Hero Motors has set a price band of 79-84 rupees per share for its upcoming IPO, which opens September 16. The offering could raise about $1
UBS sees Thermo Fisher and Danaher returning to steady growth
UBS analysts predict Thermo Fisher and Danaher will return to mid-single-digit organic revenue growth next year. The recovery is expected as
Consumer Stocks Slip Despite Strong Labor Day Sales Data
Consumer stocks slipped even as Redbook data showed US same-store sales rose 8.3% year-on-year, driven by Labor Day promotions. Casey's and
ADP's AWS expansion praised by UBS, but stock stays neutral
ADP expanded its cloud and AI partnership with Amazon Web Services, but UBS isn't changing its neutral rating. The bank sees strategic benef
Porsche sells Rimac stakes for €1 billion to sharpen focus
Porsche has sold its remaining stakes in Croatia's Rimac businesses for about €1 billion, a move that lifts its 2026 net cash flow margin ou
Nicola Mining's Treasure Mountain passes key safety check after 13 years idle
An independent engineering firm says Nicola Mining's Treasure Mountain silver mine in British Columbia is still accessible, dry and in bette
Berenberg: Kingspan's Growth Engine Is Running Again
Berenberg sees Kingspan back in growth mode after a strong first half, citing organic momentum, a planned €850 million acquisition, and a US