Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Shein's Hong Kong IPO slips again, valuation target drops to $26-27B
Shein's Hong Kong IPO has slipped again, now targeting September 1 at a $26-27 billion valuation. That's a steep drop from its $100 billion
UBS cuts Campbell's 2027 profit forecast on cost pressures
UBS has trimmed its fiscal 2027 earnings forecast for Campbell's to $1.72 per share from $1.86, signaling a tougher year ahead. Easing fuel
RBC raises Jack Henry price target to $178 on growth outlook
RBC raised its price target on Jack Henry & Associates to $178 after the banking-software firm beat fiscal Q4 expectations and issued 2027 r
Merck's Pipeline Optimism Meets a Rich Valuation, RBC Says
RBC Capital Markets downgraded Merck to 'sector perform' while raising its price target to $150, cautioning that the stock already reflects
Sysco Adds Two Directors and AI Committee as It Targets $100M in Savings
Sysco is adding two directors and renaming its tech committee to sharpen its focus on artificial intelligence. The food distributor aims to
Berenberg lifts ASR Nederland target to €85 on domestic-only deal plan
Berenberg lifted its price target on ASR Nederland to €85 from €81 after the insurer reiterated that any acquisitions will stay in the Nethe
FAB lifts Air Arabia to hold after profit miss on fuel, airspace woes
FAB Securities upgraded Air Arabia to hold after a weak second quarter, keeping its AED 5.10 target price. Profit fell to 88 million dirhams
WSP pushes ahead with Arcadis bid after two rejections
WSP Global is pressing on with its takeover attempt of Dutch engineering firm Arcadis after two bids were rejected. The Canadian firm plans
Unitree's robot backflip wows investors, lifting stock; Carlsberg sales slump
Unitree's robot backflip wows investors, sending its stock higher, while Carlsberg's beer sales sink. What these moves mean for your portfol
Viridis secures AU$170M to build Colossus rare earths project
Viridis Mining and Minerals has secured up to AU$170 million in equity commitments to advance its Colossus rare earths project. The financin
Westgold's ore reserves jump 41% to 4.1 million ounces after asset sales
Westgold Resources lifted its ore reserves by 41% to 4.1 million ounces as of June 30, even after mining depletion and selling non-core asse
Coty withdraws annual forecast, flags possible sale of CoverGirl and Rimmel
Coty withdrew its full-year guidance and guided current-quarter earnings to 11-13 cents per share. The beauty giant called fiscal 2027 a 'tr