Equities
Macy's raises revenue and profit outlook on luxury chains' strength
US department store chain benefits from high-income consumers, lifts full-year projections. Macy's focuses on premium products, closes unprofitable stores.
Cornerstone Strategic Value Fund hits $6.55 low on 10% YTD losses
The fund’s shares fell to a five-year low amid broader sector pressures and a corporate name change by its lithium exposure.
Wall St Futures Steady as Investors Weigh Earnings, Oil
U.S. stock futures showed little movement Thursday after a strong close, with Nvidia rising on its $12.9B Hugging Face deal and the S&P 500 near all-time highs ahead of Friday's jobs report.
US Stocks Slide as Inflation Fears Mount; Oil Surges Past $100 a Barrel
Dow, Nasdaq and S&P 500 all fell Thursday as hotter-than-expected producer prices stoked fears of further Fed rate hikes. WTI crude reclaimed $100 for the first time since May.
US Stocks Slip as Oil, Fed Rate Hike Fears Weigh on Markets
The Nasdaq 100 and S&P 500 gave up ground Thursday as rising oil prices, the ECB rate hike, and inflation concerns overshadowed chip-sector losses tied to Deepseek competition.
AdvancedAdvT authorises fresh £10m share buyback
AIM-listed software group extends capital return programme after completing prior £10m repurchase; says market price does not reflect intrinsic value.
BridgeBio Highlights $8B Pipeline, Attruby Leads Growth Amid Genetic Disease Focus
BridgeBio Corp. outlined a $8 billion-plus pipeline at the Cantor Fitzgerald Global Healthcare Conference, with Attruby leading revenue growth and upcoming launches for skeletal dysplasias and hypoparathyroidism.
PTC Therapeutics Outlines Growth Strategy Amid Revenue Challenges
CEO Matthew Klein and CFO Pierre Gravier highlight cash reserves, pipeline progress and strategic acquisitions to drive long-term sustainability.
Middleby Raises 2026 Guidance Amid Portfolio Restructuring
Middleby Corporation (MIDD) outlined a lean operational push and portfolio reset, raising 2026 organic net sales growth to a 7% midpoint and EPS guidance to 12%, following spinoffs and divestments.
RTW Biotech Opportunities reports August NAV rise to $2.92 per share
The biotech-focused fund saw a 3.9% monthly gain but trailed broader biotech benchmarks, with recent acquisitions and portfolio adjustments narrowing its discount to net asset value.
OppFi CEO Purchases $24.542 in Company Shares
Todd G. Schwartz, OppFi's CEO, acquired 3,550 shares at an average price of $6.9133, totaling $24,542, amid a challenging market context and recent financial performance.
Global Ship Lease Hits 52-Week High as Jefferies Raises Target
Shares reached $46.52, their highest level in a year, after Jefferies lifted its price target to $50 on strong container-ship leasing fundamentals.
Ford Expands Digital Services with $10 Subscription Platform, Targets 90% EV Fleet by 2030
Ford CEO Jim Farley and Integrated Services President Mike Aragon outlined a push toward software-driven revenue growth, including a $10/month subscription model and autonomous driving advancements at Morgan Stanley’s Laguna Conference.
AGNC Investment Hits 52-Week High at $25.36 on Dividend Appeal
The mortgage REIT's shares reached a one-year peak of $25.36, supported by an 8.25% dividend yield and a 10.4% total return over the trailing 12 months.
Blackstone Mortgage Trust hits 52-week low at $13.60
Blackstone Mortgage Trust Inc. shares fall to $13.60, trading 34% below their 52-week high of $20.66. The company reported distributable earnings of $0.31 per share for Q2 2026, exceeding revenue expectations.
Brookfield Stock Drops to $37.93, 52-Week Low
The asset manager’s shares fell to a five-year low amid weak earnings and analyst downgrades, though revenue exceeded forecasts.
MORhomes approves £2.1m share allotment, names new chair and board members
At its AGM, MORhomes PLC authorized a share issue up to £2.1 million and implemented a planned board rotation, installing Michael Hinch as chair and adding two new directors.
Compass Group PLC issues €250m notes on London Stock Exchange
Compass Group PLC has admitted €250 million of 3.500% notes due 2035 to the London Stock Exchange, consolidating with existing debt. The company operates food services in 25 countries with over 590,000 employees.
Quantum Data Energy’s Hindlip power plant operational as flexible asset enters UK market
The 7.5 MW plant joins Pyebridge as second operational asset, meeting March 2026 timeline and delivering below budget.
Legal & General starts second £600m share buyback tranche
The insurer begins its second tranche of a £1.2bn repurchase programme, with J.P. Morgan executing purchases on the London Stock Exchange until at least March 2027.
New Fortress Energy Completes 1-for-50 Reverse Stock Split
The liquefied natural gas operator consolidated its shares on a 1-for-50 basis ahead of an ongoing restructuring deal, with trading resuming Sunday on a split-adjusted basis.
Lesaka Technologies Reports Profitability Milestone, Outlines Ambitious Growth Plan
South African fintech Lesaka Technologies reported a turnaround in profitability and set aggressive targets for fiscal 2027–29, driven by acquisitions and expanded divisions.
Okta Stock Hits 52-Week High as Analysts Lift Targets on Strong Bookings
Okta shares reached $174.86, nearly doubling this year, as at least five Wall Street firms raised price targets following upbeat Q2 fiscal 2027 results.
Prudential Financial preferred shares hit 52‑week low of $15
The insurer's preferred stock fell to $15, its lowest level in a year, as the company announced a restructuring plan amid a slowdown in its Japan operations.