Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
KKR set to buy minority stake in Malaysia's Avisena Healthcare
Private equity giant KKR is the preferred bidder for a 20-25% stake in Malaysian hospital group Avisena Healthcare, a deal that could value
JBS offers stock deal to buy out Pilgrim's Pride minority holders
JBS, Brazil's meat giant, wants to buy the remaining 18% of Pilgrim's Pride it doesn't own, offering an all-stock deal valued at about $28.4
Home Depot's steady outlook lifts consumer stocks as shoppers stay picky
Home Depot's quarterly beat and unchanged full-year outlook gave consumer stocks a lift. US same-store sales rose 7.6% year-on-year, but sho
CSN's cement sale stalls as bids fall short of target
CSN's plan to sell its cement business to reduce debt is hitting a snag: bids near 10 billion reais are still below the company's reduced ta
Klarna shares plunge 22% after cutting 2026 revenue outlook
Klarna shares tumbled 22% after the company trimmed its 2026 revenue outlook in its Q2 update and revealed planned CFO and CMO handovers. In
Small caps surge: Xos, Amylyx, FORT Robotics jump on separate catalysts
Three small-cap stocks surged on distinct catalysts: Xos on a US Air Force deal, Amylyx on a phase 3 trial win, and FORT Robotics on a SPAC
Empire to buy nine Longo's in-store pharmacies in Ontario
Empire Company has agreed to buy nine Morelli's pharmacies operating inside Longo's grocery stores in Ontario. The deal, pending approval fr
Arras Minerals drops 22% after Teck sells its 8.3% stake
Arras Minerals shares tumbled 22% after Teck Resources sold its entire 8.3% stake. An unnamed miner bought the block, even as Arras reported
BioMarin's Alesta acquisition adds rare-disease growth bet
BioMarin is acquiring Alesta Therapeutics for up to $490 million to add ALE1, an experimental treatment for hypophosphatasia. Wedbush analys
American Airlines boosts premium seats to 40% to catch Delta and United
American Airlines will increase premium seating on narrowbody jets to about 40% from roughly 25% and bring back seatback screens. The move a
Diageo cuts 6% of workforce to fund $1 billion reset
Diageo's new CEO Dave Lewis is cutting more than 6% of the workforce to fund a $1 billion restructuring. The moves aim to streamline the spi
Dangote Refinery IPO gets $1 billion backing ahead of $5 billion listing
Dangote Refinery's IPO backers have put $1 billion on the table, including a funded $600 million private placement and a $400 million underw