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AusQuest's Peru drill results hint at larger copper-gold system
Stocks

AusQuest's Peru drill results hint at larger copper-gold system

AusQuest's first two diamond holes at Cangallo in Peru returned long mineralized intersections, prompting broker Euroz Hartleys to flag a po

Eleanor Whitfield ·
WAM Leaders Raises AU$313M, Assets Top AU$2.2B
Stocks

WAM Leaders Raises AU$313M, Assets Top AU$2.2B

WAM Leaders raised AU$313 million, lifting assets above AU$2.2 billion. The fund priced new shares at a 2.5% discount to VWAP and expects lo

Marcus Devlin ·
Volkswagen's Future Plan Could Cut 50,000 More Jobs as Costs Bite
Stocks

Volkswagen's Future Plan Could Cut 50,000 More Jobs as Costs Bite

Volkswagen's supervisory board approved a 'Future Plan' that could lead to 50,000 additional job cuts worldwide, doubling the current reduct

Eleanor Whitfield ·
Lululemon cuts outlook ahead of CEO handover, shares slide 15%
Breaking

Lululemon cuts outlook ahead of CEO handover, shares slide 15%

Lululemon cut its fiscal 2026 revenue and profit outlook, sending shares down about 15% after hours. The athleisure brand now expects sales

Marcus Devlin ·
Red Metal ships first Carrizal copper ore to Chile's ENAMI, ahead of schedule
Stocks

Red Metal ships first Carrizal copper ore to Chile's ENAMI, ahead of schedule

Red Metal Resources has shipped its first 592 tonnes of copper sulfide ore from the Carrizal project in Chile to ENAMI's Vallenar plant, thr

Eleanor Whitfield ·
Kingfisher Metals adds mining finance veteran Jasper Bertisen to board
Stocks

Kingfisher Metals adds mining finance veteran Jasper Bertisen to board

Kingfisher Metals refreshed its board, naming mining finance veteran Jasper Bertisen as an independent director. Chris Beltgens stepped down

Marcus Devlin ·
Varonis shares jump as RBC flags potential private equity takeover
Stocks

Varonis shares jump as RBC flags potential private equity takeover

RBC Capital Markets says Varonis Systems could be a takeover target, citing a cheaper valuation than cybersecurity peers. The data security

Eleanor Whitfield ·
Northern Discovery starts field work at Vancouver Island copper project
Stocks

Northern Discovery starts field work at Vancouver Island copper project

Northern Discovery Metals will start field work at its Vent Copper Project on Vancouver Island on September 10. The three-week mapping and s

Marcus Devlin ·
RBC: Crown's beverage cans can keep outpacing the market
Stocks

RBC: Crown's beverage cans can keep outpacing the market

RBC Capital Markets says Crown Holdings can keep growing its beverage-can volumes faster than the overall market. The optimism follows meeti

Eleanor Whitfield ·
BofA Cuts Sonoco Profit Forecast, Downgrades Stock to Neutral
Stocks

BofA Cuts Sonoco Profit Forecast, Downgrades Stock to Neutral

Bank of America lowered its Q3 earnings forecast for Sonoco to $1.85 per share and downgraded the stock to neutral, saying pricing gains are

Marcus Devlin ·
Morgan Stanley: Broadcom's AI growth still underrated, price target raised to $505
Stocks

Morgan Stanley: Broadcom's AI growth still underrated, price target raised to $505

Morgan Stanley lifted its price target on Broadcom to $505, arguing the company's AI business is still underrated. The bank sees AI revenue

Eleanor Whitfield ·
Somnigroup's Leggett deal seen boosting earnings sooner than expected
Stocks

Somnigroup's Leggett deal seen boosting earnings sooner than expected

BofA Securities expects Somnigroup's acquisition of Leggett & Platt to add $0.35-0.40 to annualized earnings per share before synergies. The

Marcus Devlin ·