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S&P Upgrades Bharti Airtel to BBB+ as Data Demand Boosts Cash Flow
Stocks

S&P Upgrades Bharti Airtel to BBB+ as Data Demand Boosts Cash Flow

S&P Global Ratings upgraded Bharti Airtel to BBB+, reflecting stronger earnings from mobile data growth in India and Africa. The agency expe

Marcus Devlin ·
EasyJet Rejects Castlelake's £4.93 Billion Bid but Keeps Door Open
Stocks

EasyJet Rejects Castlelake's £4.93 Billion Bid but Keeps Door Open

EasyJet has turned down Castlelake's fourth, sweetened £4.93 billion takeover offer. The airline will still give the suitor limited access t

Marcus Devlin ·
EasyJet Rejects £4.93 Billion Castlelake Bid Again, Opens Limited Data Room
Stocks

EasyJet Rejects £4.93 Billion Castlelake Bid Again, Opens Limited Data Room

EasyJet has turned down Castlelake's fourth, higher offer of £4.93 billion, saying it still undervalues the airline. The company will share

Eleanor Whitfield ·
Berenberg Cuts Tryg Price Target on DKK1.2 Billion Reserve Charge, Trims Buyback Hopes
Stocks

Berenberg Cuts Tryg Price Target on DKK1.2 Billion Reserve Charge, Trims Buyback Hopes

Berenberg has turned more cautious on Tryg, cutting its price target to DKK160 after the insurer flagged a DKK1.2 billion one-off reserving

Eleanor Whitfield ·
Berenberg Sees Path to Vusion's 2027 Sales Target, Cuts Price Target to €220
Stocks

Berenberg Sees Path to Vusion's 2027 Sales Target, Cuts Price Target to €220

Berenberg maintains a buy rating on VusionGroup but lowers its price target to €220, signaling that while long-term sales growth is possible

Marcus Devlin ·
MPC Container Ships Invests $340M in Four New Vessels, Raises 2026 Revenue Forecast
Stocks

MPC Container Ships Invests $340M in Four New Vessels, Raises 2026 Revenue Forecast

MPC Container Ships is spending $340 million on four modern container ships, each with a three-year fixed-rate charter attached. The deal li

Eleanor Whitfield ·
Air Liquide Commits €70M to Polyethylene Plant; Credit Agricole Buys 9.9% Stake in Spanish Bank
Stocks

Air Liquide Commits €70M to Polyethylene Plant; Credit Agricole Buys 9.9% Stake in Spanish Bank

Air Liquide commits €70 million to a nitrogen supply contract for a polyethylene plant, and Credit Agricole buys a 9.9% stake in a Spanish c

Marcus Devlin ·
Swatch's New Collab Wins Praise but Analyst Sees Overcapacity Problem
Stocks

Swatch's New Collab Wins Praise but Analyst Sees Overcapacity Problem

Bernstein downgraded Swatch Group to market-perform even after raising its price target and profit forecasts. The analyst argues the Audemar

Marcus Devlin ·
Jarden Upgrade Sees Spark New Zealand's Value Gap Reopen After Underperformance
Stocks

Jarden Upgrade Sees Spark New Zealand's Value Gap Reopen After Underperformance

Jarden upgraded Spark New Zealand to overweight, keeping a NZ$2.27 target. The broker sees a value gap after underperformance, with the key

Marcus Devlin ·
RWE Gets Upgrade After €3.6B Amprion Deal: Analyst Sees Attractive Valuation
Stocks

RWE Gets Upgrade After €3.6B Amprion Deal: Analyst Sees Attractive Valuation

RWE's €3.6 billion stake in Amprion earns it an upgrade from AlphaValue/Baader Europe to 'add.' The deal shifts the utility toward regulated

Eleanor Whitfield ·
Jarden Cuts Emeco Target to AU$1.05 on Weak Fleet Utilization, Flat FY2027 Outlook
Stocks

Jarden Cuts Emeco Target to AU$1.05 on Weak Fleet Utilization, Flat FY2027 Outlook

Jarden has turned cautious on Emeco Holdings, cutting its price target to AU$1.05 after the company flagged weaker fleet utilization and gui

Eleanor Whitfield ·
Tian An China Extends $1.1B Loan Repayment to Ease Shenzhen Project Pressure
Stocks

Tian An China Extends $1.1B Loan Repayment to Ease Shenzhen Project Pressure

Tian An China Investments has extended the repayment date on 1.1 billion yuan in shareholder loans to its Shenzhen joint venture, moving it

Marcus Devlin ·