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Vanquis Banking Group (LSE: VANQ) plunges after 2026 return target cut
Vanquis Banking Group generated more first-half profit than it made during all of 2025, but weaker lending economics forced another guidance reset and sent its shares towards a 52-week low.
Jersey Mike’s IPO prices at $23 as Blackstone-backed chain tests restaurant listings
Jersey Mike’s has priced its $1 billion IPO at $23 per share, but investors must decide whether its franchised sandwich model can justify a $7.3 billion valuation after Blackstone’s rapid ownership reset.
Rentokil Initial (LSE: RTO) falls 20% after retiring US margin target
Rentokil Initial delivered stronger first-half profit and cash flow, but abandoning its 2027 North American margin target reopened doubts about the US$6.7 billion Terminix acquisition.
RTX’s SPY-6 radar production push shows how naval sensing is becoming a scale business
RTX wins a $1.8 billion SPY-6 radar contract extension as Raytheon output scales. Discover what it means for $RTX, the U.S. Navy and investors.
Lockheed Martin (LMT) wins $58.62bn PAC-3 MSE multiyear as Patriot demand triples
Lockheed Martin's $58.62B seven-year PAC-3 MSE award triples Patriot output by 2030. Can the Camden ramp keep pace with stretched NATO stockpiles?
Boeing wins $213m U.S. Navy P-8A contract as $BA recovery narrative strengthens
Boeing wins a $213 million P-8A reconfiguration contract as Q2 cash flow improves. See what it means for $BA defence execution and investors.
Visa is growing at 14%, so why is it cutting 2,600 jobs? The answer goes beyond AI
Visa is eliminating about 7% of its workforce even as payments volume, revenue and earnings rise, signalling a strategic reallocation rather than a conventional downturn response.
Rheinmetall’s €5.7bn Romania contract turns NATO’s eastern flank into an industrial test
Rheinmetall’s €5.7 billion Romania order covers Lynx vehicles, Skyranger air defence and vessels. See what it means for $RHM and NATO.
TransUnion revenue jumps 15% as credit and fraud demand lifts 2026 outlook
TransUnion raised its 2026 outlook after revenue jumped 15%. See how credit demand, fraud tools and acquisitions are shaping $TRU growth.
Illinois Tool Works raises 2026 outlook after record $1.15bn operating profit
Illinois Tool Works raises 2026 guidance after record profit. See how welding growth, margins and buybacks shape the $ITW outlook.