Latest
Aggreko files NYSE IPO for mobile power giant
Glasgow-based Aggreko, a global leader in mobile power and temperature control equipment, has filed for an IPO on the NYSE under the ticker AGKO. Goldman Sachs and J.P. Morgan lead the underwriting syndicate.
Amrize appoints Samuel Poletti as new CFO amid leadership transition
The U.S.-Canada operator names Poletti, a former Holcim finance executive, as CFO following Baris Oran’s departure. A new VP of Investor Relations is also appointed.
Airbus outshines Boeing on valuation, cash flow and debt metrics
Airbus reports a 7.1% net margin and $5.36B free cash flow, while Boeing posts a $11.88B loss in 2024 and struggles with $48.36B in debt. Comparisons show stark contrasts in profitability and leverage.
JetBlue to open second BlueHouse lounge in Boston next week
New 12,000 sq ft BlueHouse lounge at Boston Logan International Airport opens Thursday, expanding JetBlue's premium airport hospitality. Complimentary access expands to Mint and Mint Flex fare customers.
Tesla halts solar roof sales after decade, shifts focus to panels
Company redirects customers to traditional solar offerings as it scales back innovative roof tile program. Plans for a $10.1 billion Texas solar cell factory remain on track.
AEON Biopharma appoints Paul Lee as interim regulatory director
Former FDA neuroscience deputy director Paul Lee takes interim role to lead regulatory strategy for AEON’s BOTOX biosimilar ABP-450, including FDA interactions under the 351(k) pathway.
TotalEnergies CEO flags crude bearishness, product market strength
Patrick Pouyanne warns of a divergent oil market as benchmark crude trades near $90/bbl while refined products command elevated premiums. U.S. gasoline seen holding above $4 under Trump policy.
Needham lifts SK Hynix stock target to $220 on $40 trillion buyback plan
Analysts upgrade SK Hynix to buy as the chipmaker approves a massive share repurchase program and raises shareholder return targets through 2027.
Gold tests double top as bearish momentum builds amid U.S. Treasury actions
Futures briefly topped $4,738 an ounce before pulling back as sanctions announcement looms; technical resistance and Treasury bond-buying program weigh on outlook.
Nomad Foods shares rise 4.6% after insider purchases, strong Q2 results
Nomad Foods stock gained on insider buying and better-than-expected Q2 earnings, even as broader market benchmarks diverged. Shares remain 23% below their 52-week high.
Braskem files for out-of-court restructuring amid $10 billion debt burden
Petrochemical giant Braskem seeks financial protection in Brazil after its U.S. subsidiary Braskem Idesa filed for Chapter 11 last week. Debt exceeds $10 billion across operations.
BTC Digital completes 10MW crypto mining facility in Georgia
The NASDAQ-listed firm has finished construction on a 10-megawatt facility in Georgia, with deployment expected within two months. The site will support up to 900,000 terahashes per second at full capacity.
European stocks mixed as Iran sanctions, Nvidia loom over week
Euro Stoxx 50 slipped 0.22% as traders awaited U.S. sanctions on Iran, Nvidia earnings and Jackson Hole policy signals. FTSE 100 rose 0.35% on metal gains; SMI flat near 14,447.
Global markets cautious amid geopolitical tensions and Nvidia earnings
Swiss and European equities edge lower as investors await key U.S. data, central bank signals and Nvidia’s AI chip results. Oil and gold move in opposite directions.
Swiss equities slip as SMI lags; Roche, Novartis weigh; Richemont gains
Swiss benchmark SMI falls 0.25% to 14,423 as Roche and Novartis slide, while Richemont leads gains. US futures point to a softer open after a mixed week.
Seplat Energy awards shares to executive directors under 2024 LTIP
Seplat Energy granted 235,572 shares to its CEO under a three-year performance plan, with COO and CFO receiving 164,784 and 156,741 shares respectively. Awards align with deferred bonus policies and performance criteria.
Europe’s EV sales surge to 20.7% market share on high fuel costs, incentives
Battery-electric car registrations in Europe rose 40.4% in H1 and reached 20.7% of all new sales, driven by record fuel prices, state subsidies and cheaper models. France and Germany posted shares above 30% and 29% respectively.
US stocks mixed as Nvidia, Iran tensions weigh; SMI edges lower
Dow ekes out gains while S&P 500 and Nasdaq 100 retreat; Nvidia faces scrutiny ahead of earnings. SMI slips 0.26% as ABB, Roche weigh.
Guardant Health hit with $245.2 mln patent infringement judgment
Federal court orders Guardant Health to pay over $245 million in damages and royalties for infringing TwinStrand Biosciences' sequencing patents, with ongoing 6% royalty rate until 2033.
Moody’s affirms Philippines’ Baa2 rating with stable outlook
Rating agency cites fiscal consolidation efforts and resilient funding access as key strengths, while warning of debt affordability pressures and climate risks.
Martin Marietta closes $2B limestone reserves deal with Lhoist North America
Acquisition adds over 2 billion tons of reserves to Martin Marietta’s portfolio, expanding its lime and limestone business. Financial terms remain undisclosed.
Solstice Gold expands Strathy project with Leckie Zone acquisition
The deal adds 24 hectares of patented claims and 9.4 km² of non-patented claims to the Strathy Gold Project, bringing total holdings to 57 km². Consideration includes $600,000 cash and 2 million shares.
Applied Optoelectronics shares slump 12% on $600M stock sale plan
Optical-networking firm’s latest at-the-market offering sparks pre-market selloff, extending August losses to 17% amid ongoing dilution concerns despite strong revenue growth.
Startups continue buying startups at high pace in 2026
More than 440 venture-backed startups have acquired others in the first half of 2026, with AI and fintech firms leading the trend. Deal flow remains robust despite a slight dip in overall counts.