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
Silver Bow Mining Corp has announced an initial public offering of 3,703,704 common shares with an estimated price range of $12 to $15 per share. At the midpoint of that range, the company expects to raise roughly $50 million and has applied to list its shares on NYSE American under the ticker SBMT. The offering is contingent on meeting NYSE Americ…
U.S. Secretary of State Marco Rubio is scheduled to appear as a witness in the criminal trial of former Congressman David Rivera, who is charged with acting as an unregistered agent of Venezuela’s government and money laundering. Prosecutors allege Rivera lobbied U.S. officials in 2017 while secretly receiving $20 million from a subsidiary of a Ven…
Morgan Stanley upgraded thyssenkrupp AG to equal-weight from underweight and lowered its price target to €8.30 from €8.70 after a sharp year-to-date share price de-rating erased a prior premium to the brokerage's sum-of-the-parts valuation. The bank sees a narrower downside now, but flags Steel Europe and transaction timing as primary risks to the …
Stifel estimates that UK North Sea gas production reduced the country's gas import bill by roughly £2.5 billion in 2025 compared with relying on imported liquefied natural gas (LNG). The brokerage expects savings to rise substantially in 2026 as global LNG prices climb amid the Persian Gulf conflict. Stifel also criticizes current UK policy that ta…
Bayer shares tumbled more than 3% after reports that Inclusive Capital Partners, led by activist investor Jeff Ubben, is offering around 8.5 million Bayer shares - about 0.9% of the company - in a stock placing valued at roughly 327 million euros based on Monday's close. The potential sale and recent guidance for 2026 earnings that fell short of co…
Bank of America’s latest Trendspotter update reports that spot inflation for packaged food and beverage companies rose to 3.7% year-over-year in February, a 40 basis-point increase from January. The move was driven by higher prices for turkey linked to avian flu, as well as vegetables and milk, while eggs, cocoa, and orange juice declined. BofA’s T…
Senator Josh Hawley has opened a formal inquiry into Fair Isaac Corporation's pricing of credit scores used in mortgage originations, requesting a set of documents and urging the Federal Trade Commission to examine whether the company's pricing practices raise antitrust concerns. TD Cowen analysts say the correspondence does not allege legal violat…
Smithfield Foods reported fourth-quarter sales and profit above analyst expectations on March 24, driven by stronger-than-expected demand for packaged meats, holiday-season buying and cost-saving measures. The U.S. pork processor said packaged meat and fresh pork volumes rose year over year, and noted a recent acquisition aimed at expanding its bra…
Cadeler A/S reported fourth-quarter and full-year 2025 results that outpaced analyst expectations, with full-year EBITDA exceeding the top of the company’s previously issued guidance. The Norway-based offshore wind installation vessel operator recorded higher-than-expected revenue, profit and utilisation in Q4, but ended the quarter with net debt a…
Puig shares rallied more than 14% on Tuesday, reaching levels not seen since early February, after Estée Lauder confirmed it was in merger discussions with the Spanish luxury company. Estée Lauder's own shares fell sharply on March 23, closing at $79.29, down $6.63 or 7.72% on unusually high trading volume, before a modest pre-market recovery the f…
The UK Competition and Markets Authority has published its final ruling on reforms for the veterinary sector. The decision broadly reflects the CMA's provisional plan from October but relaxes some earlier proposals. Key outcomes include a prescription price cap set at 3 per item, mandatory disclosure of prices for a standard service list, written …
Valero Energy Corp halted operations at its 380,000-barrel-per-day Port Arthur, Texas refinery after an explosion and subsequent fire at a 47,000-bpd diesel hydrotreater unit. Company and local officials confirmed the fire, that all personnel were accounted for, and that emergency teams were coordinating with authorities as shelter-in-place orders …
Puig's stock rallied sharply after the company and Estée Lauder disclosed they were engaged in talks about a potential merger that would combine a roster of luxury beauty and fragrance brands into a roughly $40 billion group. The proposed combination would place major names including Tom Ford, Carolina Herrera, Rabanne and Clinique under a single c…
Everplay group reported full-year FY25 results showing flat revenues of £166m and an 11% increase in adjusted EBITDA to £48.5m, with margin expansion and a reduced cash balance after dividends and M&A. Management left FY26 expectations unchanged, noting a strong start to the year and a development-heavy pipeline that will increase capitalised devel…
Japan’s Sumitomo Mitsui Financial Group has formed an internal unit to track market conditions and position itself to pursue a potential purchase of Jefferies Financial Group should the U.S. investment bank’s share price reach a level SMFG deems attractive. Jefferies shares jumped in U.S. pre-market trading following the disclosure, while the firm …
European equities rose modestly from recent lows as market participants weighed mixed developments in the Middle East alongside the prospect of higher energy-driven inflation for Europe. Energy shares led gains but broader advances were capped by recession and earnings-related worries, with SAP sliding after a broker downgrade and Puig rallying on …
JPMorgan has downgraded SAP to Neutral from Overweight and reduced its price target to €175 from €260, pointing to a slowdown in cloud backlog growth and added uncertainty from potential strategic shifts toward consumption-based revenue. The bank also trimmed its non-IFRS EBIT and EPS forecasts for 2026–2028 by mid-single-digit percentages, and U.S…
European equity benchmarks opened with modest gains as investors continued to weigh ongoing air strikes in the Middle East. Oil moved higher following a period of extreme volatility, with Brent crude trading above $100 a barrel. Developments included a temporary U.S. postponement of strikes on Iranian energy infrastructure and continued reports of …
Reports indicate Japan’s Sumitomo Mitsui Financial Group has assembled a team to prepare for a potential acquisition of U.S. investment bank Jefferies should the latter’s falling share price create a viable opportunity. Jefferies shares jumped in Frankfurt after the report. The U.S. firm has faced steep share declines and legal scrutiny tied to exp…
SK Hynix is evaluating a U.S. listing of American depositary receipts that could raise between 10 trillion and 15 trillion won (about $10.03 billion). The company plans to issue new shares to support the ADRs, with proceeds likely earmarked for artificial intelligence infrastructure and expanded memory production capacity. Management has said the m…
Kingfisher reported a 6% increase in full-year adjusted pre-tax profit to £560 million, supported by B&Q and Screwfix growth, while taking a £73 million goodwill impairment at its Castorama France unit. The French market contraction and a series of international charges weighed on the outlook even as gross margin expanded and management approved a …
ZYT, a Shenzhen-based autonomous driving start-up spun out of drone maker DJI, says its new AI driving system already handles complex urban driving in Shenzhen better than the company’s CEO. The firm will display the system at the Beijing auto show in April and is adapting the model for heavy-duty trucks and passenger cars while working to compress…
Grab Holdings has agreed to acquire Delivery Hero’s foodpanda delivery operations in Taiwan for $600 million in cash, marking its first expansion beyond Southeast Asia. The transaction, valued at 0.33 times foodpanda Taiwan’s 2025 gross merchandise value, is expected to close in the second half of 2026 pending regulatory approval. Analysts broadly …
Bank of America singled out nine U.S. mid-cap banks it believes are set to outperform peers, citing margin expansion, sustained loan growth momentum and improved prospects for returning capital to shareholders. The list spans lenders leaning on commercial relationship banking, fee-income engines and regional market-share gains, with company-specifi…
Berlin's plan to build a 100-satellite low-Earth-orbit (LEO) military communications network in partnership with Rheinmetall, OHB and Airbus, on top of the European Union's 10.6 billion euro IRIS² programme, has prompted objections from several EU lawmakers. Critics warn the parallel initiative could lead to duplicate infrastructures, fragmented st…
