Daily coverage of equity markets, sectors, and major indices.
In-depth reporting on U.S. and global stock markets, including index performance, sector rotation, earnings reactions, volatility trends, and notable single-stock moves. Designed to help traders and investors understand what is driving price action across equities.
30,207 total articles
Henkel has reached an agreement to buy Olaplex in a $1.4 billion cash transaction aimed at expanding the German group's premium hair care offerings. The $2.06-per-share offer represents a substantial premium to recent trading levels, and follows Olaplex reporting $423 million in sales in 2025. Advent International is selling its stake, which amount…
Indonesia's IDX Composite Index closed down 1.69% after losses concentrated in the Infrastructure, Financials and Agriculture sectors. Market breadth was negative, with decliners outnumbering advancers by a wide margin. Several small-cap shares posted large intraday swings while global commodity and currency moves accompanied the session.
Uber Technologies, Chinese autonomous driving firm Pony.ai and Croatian startup Verne have formed a partnership to introduce the first commercial robotaxi service in Europe, beginning operations in Zagreb. Pony.ai will provide the driving technology, Verne will own and operate the fleet, and Uber will integrate the service into its global ride-hail…
European equity benchmarks opened lower as investors reacted to evolving reports that Tehran is reviewing a 15-point U.S. peace proposal, while conflicting public statements from U.S. and Iranian officials and sustained oil market disruptions kept risk appetite muted. Elevated crude prices and comments from the European Central Bank about the possi…
Porsche SE posted adjusted after-tax earnings of €2.9 billion for fiscal 2025, a decline of about 9% from the prior year. The holding company said net debt eased slightly to €5.1 billion and that gains from smaller portfolio stakes generated €193 million, helping to mitigate pressure from wider automotive costs. Management signalled diversification…
KSB recorded a 2.3% year-over-year increase in sales for 2025, pushing revenues past €3 billion. The company's EBIT climbed 3.2% to €252.1 million, lifting the margin to 8.3%. Management has proposed a €26.50 dividend per ordinary share. Growth was driven by the Pumps segment, notably the Water Market, while currency translation effects and higher …
Playtech reported a 10% year-on-year fall in revenue for fiscal year 2025, with adjusted EBITDA down 37% and results missing analyst expectations. The company completed the Snaitech disposal and paid a €1.8 billion special dividend. A restructured agreement with Caliente Interactive shifted revenue from B2B to investment income, while US revenue ne…
Oxford BioMedica reported preliminary 2025 revenue of £168.70 million, up 33% year-on-year and ahead of a consensus £166.22 million from eight analysts. The company delivered positive operating EBITDA of £2.30 million despite a full-year operating loss of £22.50 million. Revenue gains were driven by increased GMP lentiviral vector manufacturing, ri…
Tribal Group reported preliminary results for fiscal 2025 showing a 4% rise in revenue to £92.5 million and an 8% increase in adjusted EBITDA to £17.5 million. The company attributed the improvement to stronger recurring income from cloud and subscription offerings, including the roll-out of its HEFS subscription model, which helped lift annual rec…
Morgan Stanley identifies optics as an emerging choke point for AI datacenter buildouts as bandwidth needs exceed the physical limits of copper. The firm projects roughly a 40% compound annual growth rate for Europe’s addressable optical market through 2028 and upgrades several European semiconductor and equipment names, citing differentiated posit…
Czechoslovak Group reported 2025 revenues about 5% above analyst expectations, helped by strong sales in large ammunition and defence electronics. The company exceeded its own €6.4bn revenue guidance and delivered an adjusted EBIT margin of 24.1%, at the lower end of its guided range. Performance was uneven: Defence Systems outperformed forecasts w…
THG reported FY25 adjusted EBITDA of THG Plc reported adjusted EBITDA for the fiscal year 2025 of
Qantas Airways is increasing capacity to Europe by redeploying Boeing 787 aircraft from U.S. services and shifting some A330 domestic flying to international sectors. The move, part of a wave of upgrades by carriers responding to changed travel patterns after Gulf hub closures, includes more frequent services to Rome, Paris and Singapore and contin…
PORR AG reported full-year 2025 results showing significant cash generation that outpaced analyst expectations. The construction group delivered higher EBIT, improved quarterly margins and stronger net cash, while order intake weakened in some regions. Management confirmed guidance for 2026 and maintained its long-term EBIT margin target through 20…
Serica Energy reported a $52 million net loss for fiscal 2025 but delivered stronger-than-expected operating cash metrics and hedging gains. A $56 million post-tax payment from TotalEnergies tied to the Greater Laggan Area acquisition is expected to reduce year-end net debt of $200 million by more than half in the first quarter. Production was hamp…
Morgan Stanley has identified four companies in India’s industrials and utilities complex that it views as well-placed to benefit from rising electricity demand and an ambitious program of capacity additions. The bank’s selection emphasizes firms with large expansion plans, proven execution models and exposure across thermal generation, renewables,…
Oxford BioMedica has confirmed its full-year 2026 financial guidance, maintaining expected revenues of £220-240 million at constant exchange rates and projecting an EBITDA margin of approximately 10%. The company reports that 60% of the revenue range is covered by contracted client orders, rising to over 80% when a risk-adjusted pipeline is include…
Ecora Royalties Plc reported fiscal 2025 results that beat analyst expectations on adjusted earnings per share while maintaining its dividend guidance and reiterating 2026 volume targets. The company reported stronger free cash flow and disclosed an extension to the Voisey’s Bay mine life to 2044 amid a portfolio shift toward copper and cobalt cont…
H&M reported a stronger-than-expected rise in operating profit for its fiscal first quarter, which includes the important Christmas shopping window. Operating profit climbed to 1.51 billion Swedish crowns from 1.20 billion a year earlier, topping the mean analyst forecast of 1.39 billion. The company said organic sales fell 1% in the quarter and th…
Japan's equity benchmark closed lower on Thursday, driven by declines in the Paper & Pulp, Transport and Communication sectors. The Nikkei 225 fell 0.48% amid a broad sell-off, with losers outnumbering gainers by more than two to one. Volatility rose and commodity markets saw oil rally while gold retreated.
Families that control Puig and Estée Lauder are evaluating mechanisms to realign their ownership stakes in a company that could result from a possible merger between the two beauty groups. The measures being considered aim to boost Puig's influence in the combined structure and include reissuing high-vote shares, swapping share classes, creating ne…
GAM reported a reduced net loss for fiscal 2025 after implementing cost reductions that partly offset weaker fee income. Adjusted pretax losses narrowed, but assets under management declined and the firm said a return to profitability in 2026 is likely to be pushed back from earlier expectations. Management is prioritizing growth and sustainable ne…
RBC Capital Markets has adjusted ratings across several Southern European utility names, cutting REN to underperform and moving Terna to sector perform amid valuation concerns, while upgrading Italgas as its top pick. The firm updated price targets and revised forecasts, citing regulatory shifts, tax and hybrid issuance impacts, and differing regul…
Wacker Neuson reported preliminary full-year 2025 results showing a 1% decline in revenue alongside an 8% rise in EBIT. The Germany-based light equipment manufacturer recorded net income of EUR 77.20 million and EBIT of EUR 132.40 million, driven by continued operating cost reductions and a shift in product mix. The company proposed a higher divide…
Innate Pharma reported a 55% year-on-year drop in revenue and other income for 2025 and recorded a net loss of €49.2 million, with basic EPS from continuing operations at -€0.55. The company attributed the revenue fall to the winding down of collaboration and licensing agreements and said operating expenses declined as R&D, personnel and consulting…
