Equities

Ferrovial to delist shares from Euronext Amsterdam
Spanish infrastructure group Ferrovial plans to remove its shares from trading on Euronext Amsterdam, citing low liquidity and cost efficiency.

Citgo Petroleum posts $936 million Q2 profit
U.S. refiner’s quarterly earnings surge as refining margins widen amid stable crude supply. Results reflect industry rebound from pandemic-era lows.

FirstCry Q1 FY27 revenue rises 13% but margins remain under pressure
Indian e-commerce firm FirstCry reports a 13% year-on-year revenue increase for Q1 FY27, though profitability continues to face headwinds from rising costs.

Adyen, PayPal shares compared on valuation upside
Payment processors Adyen and PayPal trade at wide valuation gaps. Analysts assess which offers stronger upside based on growth and margin outlooks.

Eneva Q2 2026 revenue beats estimates, EPS misses
Brazilian energy firm Eneva reported second-quarter revenue above forecasts but posted earnings per share below expectations, according to its earnings call transcript.

Fitch downgrades Baidu to A- citing weaker search business
Ratings agency cites declining search revenue and competitive pressures as key factors behind the downgrade from A.

Swiss drugmakers limit reimbursement requests amid U.S. pricing pressures
Pharmaceutical firms in Switzerland are reducing applications for state reimbursement as U.S. drug pricing policies raise cost concerns.

Gol Linhas Aéreas appoints André Fehlauer as new CEO
Brazilian airline taps former Azul executive to lead strategy amid industry challenges.

Bill Ackman overhauls Pershing Square portfolio with six new stakes
Hedge fund manager Bill Ackman disclosed positions in Netflix, Visa, Mastercard and three other stocks in a regulatory filing, marking the largest portfolio shift in years.

RWE raises 2026 guidance after strong first-half results
German utility lifts full-year outlook on robust H1 2026 performance, citing higher renewable energy output and stable margins.

UBS upgrades financials, capital goods in European sector rotation
Swiss bank shifts stance on European equities, lifting financials and capital goods sectors amid broader rotation strategy.

BEML Q1 2026 revenue beats estimates, shares surge 9.2%
Indian engineering firm BEML reported quarterly revenue above expectations, driving a 9.2% intraday gain in its stock. Analysts cite strong order book and infrastructure demand.

ThyssenKrupp Q3 sales beat but 2026 EPS target missed
German industrial group reports higher-than-expected third-quarter revenue but falls short on earnings-per-share guidance for fiscal 2026.

Standard Bank posts record H1 2026 earnings, ROE rises
South Africa's largest lender reports first-half 2026 profit at record high, with return on equity improving on strong revenue growth and cost discipline.

Fastned shares jump after strong first-half results, higher outlook
Dutch EV charging network posts better-than-expected H1 earnings and raises full-year guidance, lifting shares 15% in early trade.

E Ink posts record H1 2026 profits but cuts full-year outlook
Display technology firm E Ink reported a sharp rise in first-half earnings but revised down its full-year guidance, citing weaker demand in key markets.

Saudi Arabia stocks rise 0.89% at close as Tadawul All Share advances
The Tadawul All Share Index gained 0.89% on Tuesday, reflecting broad-based gains across key sectors in the Saudi market.

Axactor plans €215m equity raise to offset Q2 2026 revaluation loss
Norwegian debt collector Axactor to raise €215 million in equity to counterbalance a revaluation hit in Q2 2026, according to internal presentation slides.

Samsonite Agrees to Acquire Lifestyle Brand Béis for $210 Million
Luggage maker Samsonite has announced a deal to acquire lifestyle and travel accessories brand Béis for $210 million.

Computershare Posts 7% FY26 EPS Growth, Shares Fall on Outlook
Computershare reported fiscal year 2026 earnings per share growth of 7% beating expectations, but its forward outlook pressured the stock.

Nike vs Adidas: Assessing Valuation and Margins in Athletic Footwear
A comparative analysis of market valuations, profit margins, and investment value between footwear giants Nike and Adidas.

Moody's Revises Constellium Outlook to Positive on Financial Results
Rating agency Moody's has upgraded its outlook for Constellium to positive following strong recent business results.

Chevron Appoints Uriel Oseguera as Treasurer
Chevron has announced the appointment of Uriel Oseguera as its new treasurer, with the transition taking effect in November.

Minerva Foods Q2 2026 earnings beat; shares dip on outlook
Brazilian beef processor Minerva Foods reported second-quarter 2026 earnings above expectations but saw its stock decline as investors weighed weaker guidance for the second half of the year.

