Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
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
EssilorLuxottica board backs CEO after Del Vecchio heir's criticism
EssilorLuxottica's board has unanimously backed CEO Francesco Milleri after Leonardo Del Vecchio's son called for a strategy rethink and cle
Electrolux faces Italy strike as Cerreto closure looms
Unions have called a one-day strike for September 15 after talks with Electrolux failed to change its restructuring plan, which could cut up
Schneider Electric invests €150M in France, closes one plant by 2028
Schneider Electric plans to invest €150 million in France while closing its Chasseneuil-du-Poitou plant by March 2028, moving most output to
ServiceTitan stock plunges 31% as AI push takes center stage
ServiceTitan shares tumbled 31% even after the company beat Q2 expectations. Morgan Stanley kept its overweight rating but cut its price tar
Dow weighs sale of $20B Sadara chemicals venture with Aramco
Dow is weighing a sale of its stake in Sadara Chemical, its roughly $20 billion joint venture with Saudi Aramco, as part of a portfolio resh
Lyft promotes insider Michael Brous to CFO as Erin Brewer retires
Lyft has promoted longtime insider Michael Brous to chief financial officer, effective September 28, as Erin Brewer retires. The company als
BofA raises Legrand price target but keeps underperform on data center lag
Bank of America raised its price target for Legrand to €138 from €121, citing steady data center spending, but kept an underperform rating.
Morgan Stanley cuts Infineon target, flags data center limits
Morgan Stanley downgraded Infineon Technologies, cutting its price target to €65 from €81 and shifting the stock to equal-weight. The bank s
Rentomojo's IPO fully subscribed on day one, eyes $444M valuation
Rentomojo's IPO saw full subscription on its first day, with bids covering all shares on offer. The Bengaluru firm aims to become India's fi
Agnico Eagle swaps two gold projects for Vizsla shares and royalties
Agnico Eagle Mines is handing its early-stage Delta and Helm Bay gold projects to Vizsla Copper in exchange for about CA$32 million in stock
Sanofi's turnaround is credible, but catalysts are scarce until 2027
RBC Capital Markets initiated coverage on Sanofi with a 'sector perform' rating, calling the turnaround credible but noting a light catalyst