Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
K Raheja Corp Delays IPO After Bankers Push for Bigger Deal Size
K Raheja Corp has paused its IPO plans, with Bloomberg reporting a delay of at least a year. Bankers urged the Indian developer to increase
Ferrari Could Hit 2030 Profit Targets Two Years Early on Rich Product Mix, Analyst Says
A European analyst team predicts Ferrari may achieve its 2030 profitability goals by 2028. Strong demand for high-margin customizations and
Nick Scali Faces Rising Freight Costs as Shipping Rates Surge Over 40%
Investment bank Jefferies reports that spot shipping rates from China to Australia and New Zealand have surged over 40% year over year. This
Torque Metals Plans 70,000-Meter Drill Push to Reach 1 Million Ounces at Paris Gold Project
Torque Metals has announced a major drilling campaign at its Paris gold project in Australia, aiming to boost the resource to 1 million ounc
Pantoro's Cash Flow Holds Steady Despite Guidance Cut, Analyst Sees Takeover Potential
Pantoro shares have fallen about 50% this year, but Euroz Hartleys says the gold miner can still generate AU$30-40 million in quarterly cash
Air France Extends Beirut Suspension; Saint-Gobain to Buy Xypex in 2026
Air France extended its Beirut flight suspension to July 20 and paused Dubai departures until July 6, while Saint-Gobain announced a deal to
Ather Energy Plans $200 Million Share Sale to Fund EV Expansion
Ather Energy is lining up a $200 million share sale for institutional investors. The funds will go toward new factories, stores, and product
Novartis Acquires UK Biotech Myricx Bio in $1.5 Billion Cancer Drug Deal
Novartis has agreed to acquire Myricx Bio, a UK-based cancer treatment developer, in a deal worth up to $1.5 billion. The acquisition highli
Cult.fit Files for IPO: Indian Fitness Chain Aims to Raise 9.5 Billion Rupees
Cult.fit, an Indian fitness chain, has filed for an IPO with a 9.5 billion rupee fresh issue and up to 178.6 million shares from selling sha
Hammer Metals Jumps 23% on Austral Resources' Takeover Approach
Austral Resources has made an unsolicited takeover approach for Hammer Metals, offering AU$0.087 per share via a scheme of arrangement. Hamm
Brambles' US Pallet Repair Bottleneck Could Last Through 2027, Jefferies Warns
Jefferies says Brambles' US service center constraints could linger through fiscal 2027, raising costs and capex needs. The analyst cut its
Asara Resources Hits Gold at Guinea's Kada Project, Phase 2 Assays Pending
Asara Resources announced new drill assays at the Massan deposit within its Kada Gold Project in Guinea, with highlights including 40 meters