Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Greggs CFO Richard Hutton Steps Down After 28 Years, Shares Dip 2.8%
Greggs CFO Richard Hutton is leaving after 28 years, replaced by Bakkavor's Ben Waldron in January. The news sent shares down 2.8% in early
Italian Sea Group Seeks Court Protection After Client Talks Stall
Italian Sea Group is heading to court for creditor protection after talks with some clients stalled. The move follows a court decision that
Acciona Lifts Dividend to €5.75 While Eyeing Full Control of Struggling Polish Builder
Spanish infrastructure group Acciona has bumped its dividend to €5.75 per share, but the small increase comes as it reportedly prepares a ta
Nestlé: AI Cuts Costs and Coffee Prices May Drop, But Timing Matters
Nestlé executives told Reuters that AI is streamlining operations, potentially reducing headcount, while cheaper coffee beans could eventual
CMA CGM Nears $1.4 Billion Deal to Buy FedEx Logistics Unit
CMA CGM is reportedly close to buying FedEx's third-party logistics unit for $1.4 billion in cash. The deal would help the French shipping g
Terra Metals Drilling Links Sulfide Zones at Dante Project, Stock Dips 4%
Terra Metals says new drill results at its Dante project in Western Australia connect the SW5 and SW6 zones, suggesting a continuous platinu
Uber-Backed Lime Raises $167 Million in Nasdaq IPO as Revenue Grows but Losses Widen
Lime, the e-scooter and e-bike rental company, raised $167 million in its Nasdaq IPO. Revenue grew nearly 30% last year to $886.7 million, b
Anker's Hong Kong IPO Draws Heavy Demand, Tight Float May Fuel Volatility
Anker Innovations priced its Hong Kong IPO at HK$99.32 per share, raising HK$4.52 billion. The public tranche was 27.57 times subscribed, bu
Kawasaki Heavy Weighs $1.23 Billion Fundraise via Shares and Convertible Bonds
Kawasaki Heavy Industries is considering a 200 billion yen ($1.23 billion) fundraise through new shares and convertible bonds. The Japanese
Coles in Early Talks with TPG to Acquire Pet Care Giant Greencross for A$4 Billion
Coles Group is in early talks with private equity firm TPG to acquire Greencross, a major Australian pet care and veterinary operator. The d
Many Peaks Minerals Secures Full Ownership of Ivory Coast Gold Project
Many Peaks Minerals has exercised its option to acquire full control of the Baga gold project in Ivory Coast. The deal is expected to settle
ACCC Moves to Block Coles' Kalgoorlie Supermarket Lease Over Competition Concerns
Australia's ACCC has moved to block Coles from leasing a vacant lot in Kalgoorlie-Boulder for a supermarket and Liquorland, arguing the deal