Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Madison Air to buy German fan maker ebm-papst for $5.4 billion
Madison Air Solutions will acquire German fan maker ebm-papst for $5.4 billion. The deal gives ebm-papst access to US capital markets and po
Lotus Bakeries' Biscoff growth prompts Berenberg to raise price target
Lotus Bakeries' first-half results showed Biscoff cookies still growing fast, with about 20% volume growth. Berenberg raised its price targe
Geely founder steps down as chair as carmaker targets overseas growth
Geely founder Eric Li is stepping down as chair of Geely Auto, with An Conghui taking over. The move is part of succession planning as the c
RBC lifts SKF price target on resilient manufacturing demand
RBC Capital Markets raised its price target for Swedish industrial supplier SKF to 270 kronor from 250, citing a still-busy manufacturing ba
RBC sees Carrefour profits improving as French shoppers return
RBC Capital Markets has reaffirmed its outperform rating on Carrefour, pointing to improving French consumer sentiment and easier year-ago c
Sandisk and Micron rise premarket after fund boosts stakes
Sandisk and Micron rose in premarket trading Monday after filings showed Situational Awareness increased its stakes in both. The moves highl
Union Pacific's fuel surcharges outpaced its fuel costs by $91 million
Union Pacific took in $91.1 million more in fuel surcharges than it spent on fuel in the second quarter, according to STB filings. Critics a
OceanaGold's AU$776M Ausgold deal adds long-term WA gold project
OceanaGold is buying Ausgold in a AU$776 million deal, gaining the Katanning gold project in Western Australia. First production is targeted
Ma'aden's Q2 profit leans on aluminum, Riyad Capital stays neutral
Riyad Capital maintained its Neutral rating and SAR71 price target on Ma'aden after Q2 results showed profits leaning on aluminum and gold.
Shein's Hong Kong IPO targets $25-28B valuation, down from $100B
Fast-fashion retailer Shein is set to list in Hong Kong with a target valuation of $25-28 billion, a steep decline from the nearly $100 bill
Dhoot Transmission IPO Debuts 38% Higher on EV Wiring Demand
Dhoot Transmission, a wiring-harness maker backed by Bain Capital, jumped as much as 38.3% on its India stock market debut. Investors are be
James Hardie faces new investor class action over 2026 forecast, 35% stock plunge
Australian law firm Slater and Gordon has launched a class action against James Hardie, claiming the company misled investors about its fisc