Equities
Four oversold stocks with double-digit upside potential after August selloff
AppLovin, Signet Jewelers, Cirrus Logic and Smithfield Foods are trading near multi-month lows with RSI below 30, analyst targets exceeding current prices by up to 81%, and valuation metrics suggesting upside of 24% to 51%.
SMI rebounds to close higher on strong pharma, cyclical stocks
Swiss benchmark rises 0.62% after midday reversal led by Roche and Novartis; broader gains in materials and industrials offset early losses. Brent crude remains above $94 a barrel amid Middle East tensions.
Dino Polska Q2 2026 EPS beats estimates as deflation weighs on sales
Polish grocery chain posts 4.9% EPS beat despite 0.7% revenue miss, with like-for-like sales growth slowing to 0.3% amid food price deflation. Shares rise 5.8%.
Dollar chains face mixed outlook ahead of Q2 earnings, Haskett revises same-store sales
Gordon Haskett adjusts same-store sales estimates for Dollar General, Dollar Tree and Five Below ahead of Q2 earnings, while trimming guidance for Ollie's Bargain Outlet.
iShares World Equity High Income ETF to switch to monthly dividends in 2026
BlackRock’s iShares III plc will shift the World Equity High Income Active UCITS ETF from quarterly to monthly dividend payments starting September 4, 2026.
Societe Generale discloses 5.1% stake in Hiscox
French bank crosses regulatory threshold in Bermuda-based insurer with 5.1% voting-rights stake, including 0.11% via CFDs.
Akastor shares surge 40% on Q2 2026 earnings as NAV rises
Norwegian investment firm posts NOK 94 million EBITDA, approves fifth consecutive quarterly dividend, and highlights portfolio gains from HMH IPO and asset sales.
BizLink posts Q2 2026 revenue, EPS beat on margin recovery
Taiwanese connector maker BizLink International reported a 37% YoY revenue jump and record EPS, citing robust AI-driven demand and sequential margin expansion. Shares rose 1.1% on the news.
Barclays downgrades Renault to Equal Weight citing tough competition
Analysts cut price target and earnings estimates after stock gains; cost savings target deemed unrealistic amid competitive pressures.
European stocks end week near July lows as oil, bonds weigh
Stoxx 600 closes down 0.6% for the week; Brent crude hits one-month high on geopolitical risks while German 10-year bund yields near 2011 peaks.
Graubündner Kantonalbank posts 18% profit jump in H1 2026, lifts outlook
Swiss regional lender Graubündner Kantonalbank reported an 18.2% rise in H1 net profit to 137.2 million francs, with operating income up 11.2% to 286.3 million. The bank raised its full-year earnings guidance above 2025 levels.
Optima Health sets Sept. 22 AGM, releases 2026 annual report
Healthcare services provider Optima Health scheduled its annual general meeting for Sept. 22 and issued its 2026 annual report to shareholders. Shares closed at 238 pence on Aug. 20.
Gore Street urges shareholders to reject Saba’s AGM resolutions
Fund warns resolutions to wind up the company or halt its investment strategy could disrupt asset sales and destroy value. Saba holds an 18% stake.
ServisFirst Bancshares hits 52-week low at $43.64
Regional lender’s shares fall to a year low despite strong annual and YTD returns, meeting earnings and revenue forecasts for Q2 2026.
AAC Technologies posts 8.9% revenue rise in H1 2026 on heat management demand
Core net profit up 37.4% as acoustics and precision mechanics segments drive growth, with heat dissipation revenue surging 400% year-over-year.
German DAX steadies after four-day slide, Euro Stoxx 50 gains
The DAX recovers 0.1% to 26,013 points after holding its 21-day line, while the Euro Stoxx 50 rises 0.2%. Asian and U.S. markets show mixed signals ahead of the weekend.
NIBE posts six straight quarters of growth, lifts Q2 2026 outlook
Swedish industrial group reports 8.7% organic revenue growth and upgrades full-year margin guidance after strong second-quarter results.
NHTSA opens probe into engine failures in nearly 1 million GM vehicles
U.S. safety regulator launches engineering analysis of post-recall engine failures in Cadillac Escalade, Chevrolet Silverado 1500 and GMC Yukon models equipped with GM's L87 engines.
Montea secures 95% of €1.15 bln Track27 plan, leasing volume hits 255k sqm
Belgian logistics REIT reports H1 2026 EPRA EPS up 5% YoY, portfolio occupancy at 99.4% and Track27 investment pipeline 95% funded.
Gray Media refinances $750 mln debt at 7.5% to cut costs
Media group issues senior secured notes due 2034 to refinance higher-cost 2029 debt and reduce revolving credit exposure. Proceeds total $750 million.
Arena REIT posts 8% FY2026 profit growth as Edge tenant default risk lingers
Australia’s Arena REIT reported an 8% rise in net operating profit to $79 million for FY2026, but warned of tenant risk after Edge Early Learning defaulted on rent. The childcare operator’s 31 properties account for 14% of Arena’s rental income.
US stocks set for weekly lows as Walmart drags; Swiss market extends losses
Walmart shares slump 6% in pre-market after weak U.S. sales, dragging retail peers lower. SMI extends declines as Logitech and Swiss Re lead losers; oil hits four-week high.
German DAX falls below 26,000 points amid energy and rate pressures
The German blue-chip index slipped 0.65% to 25,921 points, extending losses as rising oil prices and bond yields weighed on sentiment. The Euro Stoxx 50 and MDax also declined.
Volkswagen CEO flags 'critical' outlook, warns of deeper cost cuts
Blume says operating margin of 3.8% is insufficient for long-term investments, as group prepares to unveil sharper austerity plan by year-end.