Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
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
Jefferies starts Ma'aden at buy, sees margin upside from gold and aluminum
Jefferies started coverage of Saudi Arabian Mining Co. (Ma'aden) with a buy rating and a 75-riyal price target, saying the miner has room to
Berenberg lifts Kingspan target as data center demand fuels growth
Berenberg raised its Kingspan price target to €120 after the company lifted its 2026 profit outlook and agreed to buy BMC Manufacturing, a d
Alliance Aviation names Qantas veteran Steven Greenway as CEO
Alliance Aviation has hired Qantas veteran Steven Greenway as its next CEO, replacing Stewart Tully. The move comes as the charter operator'
Frasers Group lifts Hugo Boss stake to 47.89% after bid expires
Frasers Group now owns 47.89% of Hugo Boss after its €38-a-share offer expired. The UK retailer's increased stake signals a long-term commit
Berenberg raises Siemens target to €330 on data center boom
Berenberg raised its Siemens price target to €330, pointing to triple-digit growth in data center orders and a lifted fiscal 2026 outlook. T
Brookfield raises bid for Reliance Worldwide to A$4.75 a share
Brookfield has sweetened its takeover bid for Reliance Worldwide to A$4.75 a share, valuing the plumbing maker at about A$4.1 billion. The m
Emaar Development's record backlog keeps FAB bullish despite target cut
First Abu Dhabi Bank Securities reaffirmed its Buy rating on Emaar Development after Q2 results, though it cut its price target to AED 18. T
BHP Port Hedland wage talks stall as unions reject 16% offer
BHP's wage negotiations with unions at its Port Hedland iron ore operations have stalled again, with unions rejecting a 16% four-year pay of
Berenberg lifts Rolls-Royce target to 1,900p on Trent engine growth
Berenberg has raised its Rolls-Royce price target to 1,900p from 1,430p and lifted earnings estimates by 10-15% after strong first-half resu