Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Truist Raises Eli Lilly Price Target to $1,370 on Mounjaro, Zepbound Strength Ahead of Q2 Results
Truist Securities raised its Eli Lilly price target to $1,370, expecting Mounjaro and Zepbound to drive US prescription growth. The analyst
Alkane Resources Beats Production Forecasts, Ends Fiscal Year with AU$432M Cash
Alkane Resources delivered a stronger-than-expected June quarter, with production beating forecasts and exit cash reaching AU$432 million. T
Blackstone and TPG Seek Over $4 Billion in Sale of Hologic's Surgical Unit
Blackstone and TPG are exploring the sale of Hologic's surgical unit, targeting over $4 billion. The move comes months after their $18.3 bil
Marimaca Copper's Pampa Medina Drilling Points to Larger High-Grade Deposit
Fresh drill results at Marimaca Copper's Pampa Medina prospect in Chile have led Euroz Hartleys to boost its potential resource estimate to
Orezone Gold Targets Higher 2026 Output at Casa Berardi, Costs Rise
Orezone Gold guided for 62,000-67,000 ounces of gold output from its Casa Berardi mine in 2026, but at higher all-in sustaining costs of $2,
ResMed Sells Software Units at Loss, Boosts Buyback to Refocus on Core Sleep Business
ResMed is selling its MatrixCare and HealthCare First software units for $490 million, well below the $876 million it paid. The sleep apnea
Valor Prices Share Offering at 3,152 Yen, Eyes 16.2 Billion Yen for Capex
Valor priced its new share offering at 3,152 yen per share, expecting up to 16.2 billion yen in net proceeds. The funds are earmarked for ca
Mitsubishi Materials Raises ¥70 Billion via Convertible Notes for Recycling Push
Mitsubishi Materials is raising ¥70 billion through zero-coupon convertible notes to finance recycling initiatives. The funds will support s
Cobre Raises AU$90 Million in Discounted Share Placement, Stock Drops 12%
Cobre raised AU$90 million by selling new shares at AU$0.30 each, an 8.6% discount to its recent average price. The stock fell about 12% on
ABC-Mart Shares Tumble 11% Despite 10% Profit Jump as Flat Outlook Disappoints
ABC-Mart shares dropped nearly 11% even as quarterly profit rose 10%. The company kept its full-year outlook flat, signaling limited near-te
Viridis Boosts Brazil Rare Earth Resource to 473M Tonnes, Eyes 2026 FID
Viridis Mining and Minerals has increased the resource estimate for its Colossus rare earths project in Brazil to 473 million tonnes. The up
Luxshare's Hong Kong IPO Raises Billions but Debut Slumps 9.6%
Luxshare Precision Industry raised HK$24.27 billion in Hong Kong's largest IPO this year, but shares slid up to 9.6% on debut. The drop high