Stocks

Stock Market News

20 stories

Moody's places South32 on review for ratings downgrade after Alcoa deal

Moody's Ratings said on Friday it placed Australian miner South32's ASX:S32 credit ratings on review for downgrade after it agreed to sell most of its aluminium assets to Alcoa NYSE:AA for as much as $5.6 billion."The divestment would materially reduce the company's scale, commodity diversification…

Reuters en
corp_bondStocksAU

Momentum Stocks: MosChip Technologies, Elgi Rubber, Zensar Tech gain up to 14% on sheer momentum

In a market short on fresh triggers, several stocks quietly grabbed attention on July 3, driven by technical breakouts, strong price action, and sustained buying interest.The selected stocks are showing strong upward momentum, trading well above their key short- to medium-term moving averages, whic…

Moneycontrol en
StocksIN
dow-jones

Yomiuri: Weak Yen Won't Dent Japan's Global M&A Appetite, Nomura Holdings Exec Says

By Kaname Sugimoto and Itsuki OkudaYomiuri Shimbun Staff WritersThe depreciation of the yen is unlikely to affect the willingness of Japanese companies to pursue mergers and acquisitions abroad, according to Tsutomu Takemura, who heads investment banking operations at major financial services compa…

Dow Jones Newswires en
ForexStocksJP
cnbctv

Donald Trump says Elon Musk may donate SpaceX stocks for new accounts initiative

US President Donald Trump said that he thinks SpaceX founder Elon Musk might donate the company's stocks to the Trump accounts initiative for children in an interview with CNBC on Thursday, July 2."Well, I think that he will do that," said Trump when asked about the possibility of Musk donating. Ad…

CNBC TV18 en
StocksUS

Union Bank of India shares fall 7% after Q1 business update lags peers

Shares of state-run Union Bank of India Ltd. are down 7% on Friday, July 3, in reaction to their June quarter business updates that were released after market hours on Thursday evening.This is the biggest single-day fall for Union Bank of India's shares in the last three months. The stock has now d…

CNBC TV18 en
StocksIN

BHP Cements Deal With Faraday to Advance U.S. Copper Project

By Rhiannon HoyleBHP Group said it has signed a definitive agreement with Faraday Copper that aims to revive the historic San Manuel copper mine in Arizona and bolster U.S. copper supply.Under a deal first flagged in February, Faraday will acquire BHP's San Manuel property, once the largest undergr…

Dow Jones Newswires en
ETFsStocksUS
reuters

BHP workers approve Pilbara labour deal, unions cite lingering concerns

Workers at BHP's South Flank and Mining Area C iron ore operations in Western Australia have voted to approve a new labour agreement, unions said on Friday, while noting that many remained dissatisfied with the deal.The Combined BHP Ports Unions said 58% of workers voted in favour of the agreement…

Reuters en
StocksAU

Syngenta’s new CEO is awkward optics but safe bet

By Ka Sing ChanSyngenta is betting it is safer to lean into its Chinese roots than hide them. The Switzerland-based giant said this week that Hengde Qin, a veteran from its state-owned parent Sinochem International SSE:600500, will replace Jeff Rowe barely two years after the American executive too…

Reuters en
StocksCH

India's HCLTech wins $1.14 billion deal with European firm

India's HCLTech NSE:HCLTECH has won a $1.14 billion deal with a major European firm, the software services exporter said on Friday.HCLTech's shares opened 4.6% higher on Friday after the announcement, boosting gains on the Nifty IT index, which was up 2.5%.Here are some details:

Reuters en
indexStocksIN

BHP Cements Deal With Faraday to Advance U.S. Copper Project

By Rhiannon HoyleBHP Group said it has signed a definitive agreement with Faraday Copper that aims to revive the historic San Manuel copper mine in Arizona and bolster U.S. copper supply.Under a deal first flagged in February, Faraday will acquire BHP's San Manuel property, once the largest undergr…

Dow Jones Newswires en
StocksAUUS