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Takeovers Panel flags Forrestania's late, incomplete Zenith disclosures
Stocks

Takeovers Panel flags Forrestania's late, incomplete Zenith disclosures

The Takeovers Panel says Forrestania Resources' bid for Zenith Minerals involved late and incomplete disclosures, including missing details

Marcus Devlin ·
Westgold boosts CEO pay, ties bonus to shares
Stocks

Westgold boosts CEO pay, ties bonus to shares

Westgold Resources has lifted CEO Wayne Bramwell's base pay to AU$1.2 million and will defer a quarter of his annual bonus into company shar

Eleanor Whitfield ·
Icahn-linked directors exit JetBlue board as stake drops to 3.32%
Stocks

Icahn-linked directors exit JetBlue board as stake drops to 3.32%

JetBlue announced the immediate departure of two directors tied to Carl Icahn, as his stake in the airline shrank to 3.32% from about 10% la

Marcus Devlin ·
Rivian CFO Claire McDonough to step down as R2 launch ramps up
Stocks

Rivian CFO Claire McDonough to step down as R2 launch ramps up

Rivian's CFO Claire McDonough is stepping down at the end of October, just as the company ramps up production of its lower-priced R2 SUV. Fi

Eleanor Whitfield ·
Build-A-Bear cuts sales forecast again on Walmart loss, tariffs
Stocks

Build-A-Bear cuts sales forecast again on Walmart loss, tariffs

Build-A-Bear shares dropped after the toy retailer cut its fiscal 2026 revenue forecast for the second time, citing a lost Walmart partnersh

Marcus Devlin ·
Hormel's Sales Warning Drags Consumer Stocks Lower
Stocks

Hormel's Sales Warning Drags Consumer Stocks Lower

Hormel's cautious outlook on consumer spending hit its shares and dragged the broader consumer sector. Meanwhile, Dollar General and Dollar

Eleanor Whitfield ·
UBS lifts Abercrombie target to $185 on durable growth
Stocks

UBS lifts Abercrombie target to $185 on durable growth

UBS raised its price target on Abercrombie & Fitch to $185 from $153, saying the retailer's growth story has staying power. The bank points

Marcus Devlin ·
Unilever taps Rothschild to sell Colman's mustard amid McCormick deal
Stocks

Unilever taps Rothschild to sell Colman's mustard amid McCormick deal

Unilever is putting Colman's mustard up for sale, hiring Rothschild to find a buyer. The move aims to ease competition concerns tied to a pl

Eleanor Whitfield ·
Berenberg lifts Vestas price target after strong Q2 and raised guidance
Stocks

Berenberg lifts Vestas price target after strong Q2 and raised guidance

Vestas' Q2 results beat expectations, prompting Berenberg to lift its price target to 240 kroner. The company also raised its 2026 margin ou

Marcus Devlin ·
Astra Industrial's Pharma Growth Keeps Aljazira Neutral at SAR 142
Stocks

Astra Industrial's Pharma Growth Keeps Aljazira Neutral at SAR 142

Saudi broker Aljazira Capital maintained its Neutral rating on Astra Industrial Group with a SAR 142 price target after Q2 results showed re

Eleanor Whitfield ·
Jazz Pharmaceuticals raises $1.1B via exchangeable notes, plans buyback
Stocks

Jazz Pharmaceuticals raises $1.1B via exchangeable notes, plans buyback

Jazz Pharmaceuticals priced $1.1 billion in exchangeable senior notes due 2032, upsized from $1 billion, and will repurchase up to $225 mill

Marcus Devlin ·
Activist Flashlight Capital bids $655M for Samsung's S-1 stake
Stocks

Activist Flashlight Capital bids $655M for Samsung's S-1 stake

Flashlight Capital has offered $655 million to buy Samsung affiliates' 20.6% stake in security firm S-1 at a 45.2% premium. The bid pushed S

Marcus Devlin ·