Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Merck KGaA's $11.3B Bio-Techne Buy Targets Steady Lab Tool Revenue
Germany's Merck KGaA is buying US life-science tools maker Bio-Techne for about $11.3 billion. The deal shifts Merck toward steadier revenue
Volkswagen to Sell 51% of Engine Unit Everllence to Bain Capital for €7.4 Billion
Volkswagen is selling 51% of its engine unit Everllence to Bain Capital in a deal worth €7.4 billion. The sale gives the carmaker more finan
US Shoppers Give Luxury Sales a Lift, but Bain Warns of Lost Customers and Pricing Power
Bain now expects global personal luxury goods sales to rise 2%-4% this year, with stronger US demand offsetting weakness in Europe and the M
Wesdome Gold Mines Extends Mine Life to Eight Years, Boosts 2028 Production Target
Wesdome Gold Mines has updated its reserve estimate, extending the life of its Eagle River and Kiena mines to about eight years. The company
German Mast Maker SMAG Targets €30M Frankfurt IPO in July
SMAG Mobile Antenna Masts is planning a July IPO on Frankfurt's Scale segment, targeting €30 million to fund automation and capacity expansi
S&P Upgrades China Merchants Port Holdings to A- on Steady Cash Flow
S&P Global Ratings upgraded China Merchants Port Holdings to A- from BBB+, pointing to steadier cash flow and rising throughput. The move lo
Telecom Plus Pivots to Multi-Service Focus; Berenberg Slashes Target to £12
Berenberg slashed its price target for Telecom Plus to £12 from £26 after the company outlined a new five-year strategy. The plan calls for
H&M Revamps Stores but Weak Western Europe Sales and Rising Freight Costs Pressure Growth
H&M says store upgrades and a tech overhaul are helping, but shaky consumer confidence in Western Europe and rising freight costs are holdin
Kadokawa CEO Survives Vote but Shareholder Revolt Signals Governance Shift
Kadokawa CEO Takeshi Natsuno survived a shareholder vote but saw support plunge to 59.68% after activist Oasis Management sought his ouster.
H.B. Fuller to Acquire Advanced Medical Solutions in £715 Million Cash Deal
H.B. Fuller is acquiring Advanced Medical Solutions for £715 million in cash, paying 285 pence per share. The deal, backed by the UK firm's
Elmera Shares Surge 43% as Mystery Buyer Tops Audax's $456 Million Bid
Elmera Group shares surged 43% after the Norwegian utility said an unnamed strategic buyer is in exclusive due diligence at a price well abo
Engcon Brings Back Founder as CEO as Berenberg Cuts Price Target on Weak Margins
Swedish excavator attachment maker Engcon is bringing back founder Stig Engström as CEO. Berenberg maintained its Buy rating but cut its pri