Metro AG:  Walking the ridge

Metro AG: Walking the ridge

Although the German retailer, now controlled by Czech billionaire Daniel Kretinsky, is not out of the woods, it is nevertheless pursuing its highly ambitious turnaround plan.
Our Logo December 11, 2024 at 10:40 am EST
Dixon Technologies (India) Limited :  Partnership with Cellecor to produce efficient washing machines

Dixon Technologies (India) Limited : Partnership with Cellecor to produce efficient washing machines

Dixon Technologies entered into a memorandum of understanding with Cellecor Gadgets Limited to manufacture washing machines and their related components. Cellecor offers a vast range of products,...
Our Logo December 11, 2024 at 10:38 am EST
MarketWise, Inc. misses the boat

MarketWise, Inc. misses the boat

Three years after its IPO via a SPAC and the acquisition of a high-profile hedge fund, the publishing group specializing in financial newsletters has lost 95% of its market value.
Our Logo December 10, 2024 at 10:34 am EST
Omnicom Group, Inc:  Tectonic transaction

Omnicom Group, Inc: Tectonic transaction

True to its traditions, the advertising sector remains prone to surprise M&A deals.
Our Logo December 10, 2024 at 10:33 am EST
WiseTech Global Limited :  Guidance revised down, Significant share sales by Directors

WiseTech Global Limited : Guidance revised down, Significant share sales by Directors

WiseTech Global director Charles Gibbon has sold 1.5 million shares or 8.8% of his total holding in a block trade on 6th December, 2024 at $130.50 per share, netting almost AUD200mn. Gibbon owned...
Our Logo December 10, 2024 at 10:28 am EST
Rapid growth of EV and power infrastructure boosting demand

Rapid growth of EV and power infrastructure boosting demand

Advantest Corporation launched the Advantest Known Good Die Test Cell on December 9, 2024, which is essential for power semiconductors whose demand continues to grow with the rapid development of...
Our Logo December 10, 2024 at 10:24 am EST
Cummins India Limited :  Reiterates FY25 guidance, expects double-digit top-line growth

Cummins India Limited : Reiterates FY25 guidance, expects double-digit top-line growth

In the latest earnings call 2QFY25, Cummins India Limited reiterated its full year 2025 guidance. The company anticipates double-digit revenue growth, driven by strong domestic demand specially in...
Our Logo December 09, 2024 at 10:28 am EST
Voltas Limited :  Jefferies raises target price by 15% to INR2,030

Voltas Limited : Jefferies raises target price by 15% to INR2,030

Jefferies maintained their “Buy” rating and raised the target price for Voltas Ltd. to INR2,030 from INR1,770 on 31st October 2024, implying a 15% upside potential over previous day’s close....
Our Logo December 09, 2024 at 10:16 am EST
The Descartes Systems Group reaches for the top

The Descartes Systems Group reaches for the top

Canadian Descartes provides on-demand, software-as-a-service solutions focused on improving the security and sustainability of logistics-intensive businesses. It enjoys an almost indestructible...
Our Logo December 09, 2024 at 09:52 am EST
Hewlett Packard Enterprise Company:  New horizons or optical effect?

Hewlett Packard Enterprise Company: New horizons or optical effect?

The separation of Hewlett-Packard into two entities, Consumer Electronics and Enterprise Services, has not been a resounding success for the latter. The year 2024 could, however, mark the beginning of...
Our Logo December 09, 2024 at 09:49 am EST
NMDC Limited :  Contract award of over USD300mn from Ta’ziz

NMDC Limited : Contract award of over USD300mn from Ta’ziz

NMDC has received a letter of award of over USD300mn from Ta’ziz on November 6, 2024. The award pertains to engineering, procurement and construction work for the Port Package logistic project....
Our Logo December 06, 2024 at 10:15 am EST
ADNOC Logistics & Services plc :  Jiangnan shipyard delivers first new-build LNG carrier before schedule

ADNOC Logistics & Services plc : Jiangnan shipyard delivers first new-build LNG carrier before schedule

ADNOC Logistics and Services plc has taken delivery of the first newbuild liquified natural gas carrier on 25 November, 2024 from Jiangnan Shipyard in China of the six it ordered in 2022. The vessel...
Our Logo December 06, 2024 at 10:09 am EST
Chewy takes on the competition

Chewy takes on the competition

Chewy is the largest online retailer of pet supplies in the United States, with 20 million active customers and a wide range of 115,000 items from 3,500 brands. Chewy has a market share of around 33%....
Our Logo December 06, 2024 at 03:26 am EST
Yangzijiang Shipbuilding (Holdings) Ltd. :  Secured contracts worth USD2.63bn for 21 vessels

Yangzijiang Shipbuilding (Holdings) Ltd. : Secured contracts worth USD2.63bn for 21 vessels

Yangzijiang Shipbuilding Holdings , a China-based investment holding and agency service company for shipbuilding and related activities, recently secured new shipbuilding contract worth USD2.63bn for...
Our Logo December 05, 2024 at 11:20 am EST
GQG Partners Inc. :  UBS downgrades GQG to neutral, slashes price target by 30%

GQG Partners Inc. : UBS downgrades GQG to neutral, slashes price target by 30%

UBS downgraded GQG partners from a “Buy” to a “Neutral” rating on December 2, 2024, and lowered its target price from AUD3.30 to AUD2.30. This downgrade was triggered by an anticipated...
Our Logo December 05, 2024 at 11:07 am EST
EMCOR Group, Inc. :  Strong Construction Momentum

EMCOR Group, Inc. : Strong Construction Momentum

EMCOR stands out as a leader in mechanical and electrical construction, industrial and energy infrastructure, and building services. With over 180 locations across the country and nearly 100 operating...
Our Logo December 04, 2024 at 05:40 pm EST
Trent Limited:  Goldman Sachs initiates coverage, expects 27% upside aided by Zudio

Trent Limited: Goldman Sachs initiates coverage, expects 27% upside aided by Zudio

Goldman Sachs initiated coverage on Trent with a target price of INR8,000, on November 11, 2024, indicating a potential upside of 27% from the previous day’s close of INR6,299. Goldman opines that...
Our Logo December 04, 2024 at 10:18 am EST
Computer Modelling Group also intends to clone Constellation Software

Computer Modelling Group also intends to clone Constellation Software

Fans of Mark Leonard's group may now have something new to sink their teeth into.
Our Logo December 04, 2024 at 05:09 am EST
Stellantis N.V. :  Luca Maestri (Apple) tipped to succeed Carlos Tavares at Stellantis

Stellantis N.V. : Luca Maestri (Apple) tipped to succeed Carlos Tavares at Stellantis

John Elkann, Chairman of Stellantis, has already chosen the successor to Carlos Tavares, the company's current CEO. According to information obtained by Corriere della Sera, the post is likely to go...
Our Logo December 04, 2024 at 04:45 am EST
Hansoh Pharmaceutical Group Company Limited :  Regulator grants breakthrough-therapy status to lung cancer drug

Hansoh Pharmaceutical Group Company Limited : Regulator grants breakthrough-therapy status to lung cancer drug

Hansoh Pharmaceutical Group Company Limited announced that its antibody-drug conjugate HS-20093, targeting B7-H3, has been approved on November 1 as a Breakthrough Therapy by the National Medical...
Our Logo December 03, 2024 at 12:32 pm EST