Markets
Gore Street sells two Irish energy storage assets to internal fund
Transaction valued at or above prior NAV as Gore Street begins disposal program under 2026 strategy. Two Irish projects totaling 195 MW/390 MWh transferred to GS EU Fund.
Swiss Market Index dips 0.1% as Logitech, Richemont, Swiss Re fall
Heavyweights Roche and Lonza advance while Givaudan leads gains; Centiel surges 6.4% on strong half-year results and U.S. contract. Walmart drags U.S. markets lower after weak quarterly sales.
abrdn European Logistics Income sets 2.34 euro cent dividend for 2026
First interim dividend of 2.34 euro cents (2.00 pence) declared for year ending 2026, as company advances wind-down process with final asset sale expected in Q4.
DAX falls below 26,000 points for fourth straight session
German blue-chip index drops 0.42% as Brent crude approaches $100/barrel amid Middle East tensions. Continental gains on JPMorgan upgrade; Sartorius surges 6% on UBS call.
Telix Pharmaceuticals posts 146% EBITDA surge in H1 2026 as revenue climbs 22%
Precision medicine sales rose 27% year-over-year to $388 million, while full-year revenue guidance maintained at $950M-$970M. EBITDA reached $52M, up from $21M in H1 2025.
Goodman Group FY26 profit rises 15.7% on data centre demand
Data centres now account for 78% of Goodman Group's AUD 19.7 billion development pipeline as the industrial REIT reports a 15.7% rise in operating profit to AUD 2.675 billion. Shares dip 1.2% despite strong growth.
Swiss stocks rise; Geberit surges 7.4% on strong half-year results
Swiss market leads Europe as SMI gains 0.5% to 14,387; Roche and Novartis advance on pharma optimism, while insurance stocks lag amid bond-market pressures.
Largo shares rise 3.8% after $82.2m debt restructuring extends maturity to 2030
Largo Inc. secures debt extension to March 2030, providing operational runway as it ramps up vanadium and by-product sales. Shares advance 3.8% in after-hours trading.
Largo restructures $82.2M debt, extends maturity to 2030
Finance Review Daily is tracking this developing story; additional confirmed specifics had not been verified at the time of publication.
Binance launches AI agent trading platform with user-controlled permissions
New Agent OS platform lets AI tools like ChatGPT and Claude execute crypto trades on Binance under user-defined limits. Exchanges expand AI integration amid growing industry adoption.
Nasdaq to delist OSR Health over bid price failure
OSR Health faces Nasdaq delisting after share price remained below $1.00 for extended periods. Trading suspension set for Aug. 26.
Downer posts FY26 profit beat as margins expand despite revenue drop
Underlying earnings rose 6% to $502.9 million as EBITA margin hit 5.1%, surpassing guidance. Revenue fell 4.6% to $9.8 billion amid divestitures and FX headwinds.
Zip FY26 profit jumps 58% as U.S. growth drives record cash EBITDA
Buy-now-pay-later firm Zip Co posted a 58% surge in cash EBITDA to $268.9m, with U.S. transaction volume up 42.5% and operating margins expanding to 20%.
Nomad Compute appoints Jonathan Hives as non-executive director
Hives brings 18 years of financial planning experience and joins Nomad Compute’s board as Paul Kennedy steps down. Warrants for 30 million shares at 0.25p each are part of the appointment.
U.S. Treasury yields surge in 2026 as bond ETFs face steep losses
Long-dated Treasury yields hit multi-year highs in August 2026 amid fiscal deterioration and inflation persistence, pressuring bond ETFs like TLT and AGG into deep oversold territory.
FalconX, Ethena launch $1B lending facility backed by USDe collateral
Institutional crypto lender FalconX and Ethena have established a $1 billion secured facility using assets backing the USDe stablecoin to fund overcollateralized loans. Terms and borrowers remain undisclosed.
Tempus AI jumps 13% on strong earnings, AI platform validation
Chicago-based AI precision medicine firm reports first quarterly profit, raises 2026 revenue guidance after PRISM2 validation study and commercial partnership. Stock hits session high of $59.04.
Carry traders target Swiss franc as yen loses appeal
Hedge funds boosted net short positions in the Swiss franc to a two-month high as yen carry trades face volatility after recent interventions. Analysts cite low Swiss rates and SNB intervention risks as key drivers.
Jefferies upgrades VAT Group to ‘Hold’ after 170% rally
The Swiss semiconductor supplier’s shares rise 0.7% as Jefferies shifts stance from ‘Underperform’ to ‘Hold’, lifting its price target to 646 francs. Eight of 17 analysts now recommend buying.
Geberit posts strong Q2 2026 results, raises full-year outlook
Swiss plumbing supplier reports 5.9% organic sales growth in first half of 2026 despite currency headwinds, with EPS up 7.9% and EBITDA margin steady at 30.9%.
Diesel prices surge to $170/bbl as refining bottlenecks expose hidden energy shock
Analysts warn Brent’s $91/bbl price masks severe diesel shortages, with European diesel trading near record spreads and refinery constraints distorting energy markets.
Fractal Gaming Group Q2 sales plunge 65% as premium PC cases face demand slump
Swedish gaming accessories maker Fractal Gaming Group reported a sharp drop in quarterly sales, citing inventory normalization and weaker demand for premium products despite gains in market share.
Heidelberg posts 13% drop in Q1 sales as Italian subsidy phase-out hits orders
German printing equipment maker Heidelberg reported a sharp decline in first-quarter net sales and adjusted EBITDA margin as demand weakened in Europe. Full-year guidance was reaffirmed despite negative free cash flow.
BKW AG posts 7% rise in H1 2026 net profit despite lower operating earnings
Swiss utility BKW AG reported CHF 217.6 million in net profit for the first half of 2026, up 7% year-over-year, while operating earnings declined. The company maintained its full-year EBIT guidance range.
BICO shares surge 13% on Q2 2026 margin gains, revenue growth
Swedish biotech firm BICO Group reported a 59% gross margin in Q2 2026, up from 44% a year earlier, driving a 13% pre-market stock surge. Adjusted EBITDA margin improved to 6% from negative 2.6%.