Aristocrat Leisure's bulls at UBS think that the slots-maker's reiteration of its fiscal 2029 interactive revenue target should soothe any nerves over the division's recent growth. Retaining a buy rating on the stock, the investment bank's analysts tell clients in a note that interactive revenue ha…
OCBC Group Research cuts its quarterly forecasts for oil through 2Q 2027 as Strait of Hormuz's flows rebound. "Shipping traffic--and thus oil flows--through the Strait of Hormuz has picked up following the U.S.-Iran memorandum of understanding," two OCBC strategists say in a research report. "Expec…
JL Mag Rare-Earth Shares Rise 6.2% in Shenzhen to CNY32.87
Malaysia could witness stronger auto sales in 2H, supported by fuel subsidies, seasonal demand, strong electric-vehicle sales and stable financing conditions, CIMB Securities' Mohd Shanaz Noor Azam writes in a note. A broader pipeline of new models from national brands could also boost auto sales…
JL Mag Rare-Earth's Hong Kong Shares on Track for Largest One-Day Percentage Gain Since October
By Andrew Beaton and Joshua RobinsonSANTA CLARA, Calif. — Before the U.S. national team's round of 32 game against Bosnia and Herzegovina on Wednesday, manager Maurico Pochettino emphasized that the Americans understood their mortality at this tournament. No matter how heavily favored they were bef…
JL Mag Rare-Earth Shares Rise 11% in Hong Kong to HK$18.44 After Positive Profit Alert
Both the minutes of the Reserve Bank of Australia's June policy meeting and the recent comments by Gov. Michele Bullock indicate that the policy rate might still need to be increased at a later date, says Stephen Miller, investment strategy adviser at GSFM. That reflects the inability of government…
Anker Shares Drop 4.8% in Shenzhen to CNY102.57
Anker's Hong Kong Shares Last 0.1% Lower at HK$99.25 Vs. HK$99.32 Offering Price
Risks of near-term FX intervention by Japanese authorities to prop up the yen persist, MUFG Bank's Michael Wan says in a research report. "We would be quite wary in the near-term though of intervention risks," the senior currency analyst says. Japanese authorities have a bias to intervene during pe…
Anker Innovations Technology Shares Make Muted Debut in Hong Kong
Slot-machine maker Aristocrat Leisure keeps its bull at Citi despite a little uncertainty over the likely margin on its US$1 billion interactive revenue target. Analyst Adrian Lemme points out that margin guidance issued when the Australian company first outlined its fiscal 2029 revenue aspiration…
Elliott: Looks Forward to Engaging With Northern Star's New Leadership
Elliott: Need For Northern Star Board Enhancement, Strategic Review Not Diminished
By David S. Cloud | Photography by Katarina Premfors for WSJDUBAI — Before the Iran war, 40,000 shipping containers a day moved through Jebel Ali port, a sprawling complex of deep-water piers and warehouses that powered this city-state's rise from backwater to international powerhouse.Now, just 1,0…
Elliott Investment Management: Notes Northern Star's Announcements
Elliott: Remains Committed to Seeing Northern Start Realize Full Potential
Forgent Power Solutions Announces Pricing of Upsized Public Offering of Class A Common Stock
Forgent Power: Offering Consists of 29M Class A Shares Offered by Parent Entities of Company Controlled by Neos Partners and 14.6M Class A Shares Stock Offered by Forgent >FPS
