Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Tesco Explores Sale of Central European Operations in Strategic Review
Tesco is weighing a sale of its Central Europe business, covering operations in the Czech Republic, Hungary, and Slovakia. The division cont
BofA: Kion's Warehouse Automation May Offset Weaker Forklift Orders in Q2
Bank of America expects Kion Group's warehouse automation unit to help carry Q2 results, even as orders for its industrial trucks and servic
RBC Hikes Bunzl Price Target After Q2 Update Eases Inflation Fears
RBC Capital Markets lifted its price target for Bunzl to 2,600p from 2,200p following a second-quarter update that was less damaging than fe
Volkswagen Board Faces July 9 Showdown Over Plant Closures and Job Cuts
Volkswagen's top supervisory board committee meets July 9 in Wolfsburg to weigh CEO Oliver Blume's turnaround plan, which includes up to fou
AB Foods Combines Hovis and Kingsmill Under New Hovis Bakeries Unit
Associated British Foods has completed its £75 million purchase of Hovis and will run it alongside Kingsmill under a new combined business,
China's Auto Sales Slump Continues as Exports Surge 82% in June
China's passenger vehicle sales fell for the ninth consecutive month in June, dropping 23.4% year-over-year. Exports surged 82.1% as automak
Segro Partners with Pure DC for Paris Data Center, Targets 30% of Rent from Digital Infrastructure by 2035
Segro, the UK warehouse landlord, is expanding into data centers with a new Paris joint venture with Pure DC. The company aims for data cent
SK Hynix's $28 Billion Nasdaq ADR Sale Draws Heavy Demand Ahead of July 10 Debut
SK Hynix's $28 billion Nasdaq ADR sale is reportedly already covered multiple times, with orders closing Wednesday ahead of a July 10 debut.
IG Group to Create Jersey Holding Company, Keeps London Listing and 2026 Outlook
IG Group is restructuring with a new Jersey holding company, keeping its London listing and UK tax status. The move aims to boost financial
Safaricom CEO Selection Power Shifts to Majority Owner Vodacom in July Vote
Safaricom investors will decide July 31 whether to let Vodafone Kenya nominate the CEO, now that its owner Vodacom holds 55% of shares. The
Summerset Q2 Sales Hold Steady, NZ Build Target Trimmed to 600-650 Homes
Summerset sold 448 occupation rights in Q2, matching recent trends. The retirement-village operator also trimmed its 2026 NZ build target to
Telenor Acquires Control of Swedish Broadcaster Bahnhof for $570 Million
Telenor is paying 6.1 billion Swedish crowns for a controlling stake in Swedish broadband provider Bahnhof. The deal lifts Telenor's consume