Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
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
Hot Chili Secures $15M Royalty Deal to Advance La Verde Copper-Gold Project
Hot Chili has sold a royalty on its La Verde copper-gold project in Chile to OR Royalties for $15 million in cash. The deal brings total con
China-Linked Investors Still Hold Northern Minerals Shares After Divestment Deadline
Australia ordered six China-linked investors to cut their combined 17.58% stake in Northern Minerals by July 2. The company says most shares
Cobre Chile Sets $12M Fundraise at Sierra Atacama, Eyes Majority Control
Cobre's Chilean unit is raising $12 million at the Sierra Atacama copper project to pay down debt. The deal could lift Cobre Chile's stake t
ASX 200 Flat as WiseTech Surges 8% on New Chair Appointment
The ASX 200 barely moved as gold and mining losses canceled out gains in banks and tech. WiseTech Global surged 8.1% after appointing Raelen
Tong Ren Tang Healthcare Raises HK$532 Million in Hong Kong IPO as Retail Demand Soars
Beijing Tong Ren Tang Healthcare raised HK$532 million in its Hong Kong IPO, pricing shares at HK$5.50. Retail demand was massive, with the
WiseTech Co-Founder Steps Down as Executive Chair, Stock Jumps 8%
WiseTech co-founder Richard White has stepped down as executive chair, citing personal media attention as a distraction. The board named Rae
Rivian Raises $1.5 Billion in Stock Sale to Fund Georgia Plant and R2 SUV
Rivian is selling 75 million new shares to raise about $1.5 billion, using a recent stock rally to fund equity contributions needed for a De
Vertex Pays $10 Billion for Crinetics to Expand Beyond Cystic Fibrosis
Vertex Pharmaceuticals is buying Crinetics for about $10 billion, paying $85 a share to expand into endocrinology. The deal adds an FDA-appr