Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
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
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
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
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
Vertu Motors lifts profit outlook as Chinese car brands drive growth
Vertu Motors expects fiscal 2027 profit to beat forecasts as it expands showrooms for Chinese brands Omoda, Jaecoo, and Leapmotor. Shares ju
Kefi advances underground expansion at Ethiopia's Tulu Kapi gold mine
Kefi Gold and Copper is moving ahead with plans for a second mine at its Tulu Kapi gold project in Ethiopia. An early study put the undergro
Otovo signs $4.6M deals to buy solar firms in Hawaii and Norway
Otovo has signed non-binding letters of intent to buy PV Hawaii and Mr. Elektro for about $4.6 million. The deals would expand its solar ser
Prudential to sell up to 2% stake in ICICI Prudential AMC to lift public float
Prudential will sell up to 2% of ICICI Prudential AMC on Aug. 27 to boost the Indian fund manager's public float. The sale helps meet regula
Trian pauses Wendy's take-private plans as CEO unveils turnaround
Activist investor Trian has paused work on a possible take-private of Wendy's, following earlier reports of a consortium bid. The burger cha
Sembcorp's India Renewables Arm Files for $450M Mumbai IPO
Sembcorp Green Infra, the Indian renewables arm of Singapore's Sembcorp Industries, has filed for a Mumbai IPO to raise up to 37.5 billion r
Brown-Forman's recovery may be slower than hoped, UBS says
UBS expects Brown-Forman's fiscal Q1 organic sales to rise just 0.6% while underlying operating profit falls 5.4%. The bank sees little sign
Gurit and Stadler Rail surge over 20% as Swiss market barely moves
Switzerland's benchmark index rose just 0.12%, but Gurit and Stadler Rail both climbed more than 20% after the composites maker lifted its 2