Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Entain Sells 20% of CEE Betting Unit to EMMA Capital for €425 Million to Cut Debt
Entain, the Ladbrokes owner, is selling a 20% stake in its Central and Eastern Europe betting unit to EMMA Capital for €425 million. The dea
Italy's Golden Powers Reshape Pirelli Board, Limiting Chinese Influence
Pirelli shareholders backed Camfin's slate with 58.07% of votes, giving it control of 12 board seats. Italy's golden powers curbed Sinochem'
Volkswagen Sells 51% of Engine Unit Everllence to Bain Capital for €7.4 Billion
Volkswagen has chosen Bain Capital to acquire 51% of its engine-making unit Everllence in a deal valued above €9 billion. The sale will brin
Z Squared to Acquire Majority Stake in Paradox Data, Plans Major Arkansas Data Center Expansion
Z Squared plans to acquire a majority stake in Paradox Data, paying with $5 million in convertible preferred stock. The deal aims to expand
Buffalo Potash Raises C$14M First Tranche for Saskatchewan Project, Stock Dips
Buffalo Potash raised C$14 million in the first tranche of an upsized private placement to fund exploration at its Disley Project. The stock
Ford Tops JD Power Quality Rankings Despite Leading in Recalls
Ford topped JD Power's initial quality rankings for mass-market brands with 152 problems per 100 vehicles, improving from last year. Yet it
Bernstein Boosts GSK Price Target on Long-Acting HIV Drug Pipeline
Bernstein has raised its price target for GSK to £28.25 after building a new model that projects the company's HIV franchise can sustain gro
KKR's Asset Sales Surge 66% Above Average in Q2, Signaling Exit Window Reopening
KKR generated over $900 million from asset sales in Q2 through June 24, about 66% above its three-year quarterly average. The surge suggests
AbraSilver's Diablillos Project Gets Key Environmental Approval, Eyes 2026 Construction
AbraSilver Resource has secured key provincial environmental approvals for its Diablillos silver-gold project in Argentina. The company now
BofA Sees Bureau Veritas Growth Slowing, Trims Profit Forecasts After Unit Closure
Bank of America expects Bureau Veritas to report €1.71 billion in Q2 revenue, with organic growth of 4.5% versus the market's 5.2%. The bank
Beam Global Relocates EV Charger Production from California to Arizona, Targeting $400K Savings
Beam Global is shifting its EV charging equipment manufacturing from California to Yuma, Arizona. The move is expected to save about $400,00
Ghosn Warns Nissan Shareholders Have 'Had Enough' as Turnaround Stalls
Carlos Ghosn says Nissan shareholders have 'had enough' after a failed comeback bid at the annual meeting. He warns the automaker has lost d