Browsing Tag
Bank of America
56 posts
Frasers Group (LSE: FRAS) crosses 30% HUGO BOSS threshold as €38 takeover offer enters final week
Frasers Group has moved beyond Germany’s mandatory takeover threshold, but HUGO BOSS shareholder resistance and Frasers’ rising debt leave the final ownership outcome unresolved.
IBM (NYSE: IBM) Q2 miss triggers 25% drop as mainframe cycle wrap bites
IBM (NYSE: IBM) drops up to 25% after preliminary Q2 revenue of $17.2bn misses by $660m; Krishna concedes execution slip before the July 22 earnings call.
Almonty Industries (ALM) jumps 11% as DA Davidson lifts PT to $33 on tungsten thesis
Almonty (ALM) jumps 11% to $16.31 as DA Davidson lifts PT to $33 on record tungsten pricing; Sangdong ramp meets 2027 US defense mandate cliff head-on.
Ionis Pharmaceuticals (IONS) drops 21% as Wainua Phase 3 ATTR-CM trial fails, Alnylam Amvuttra and BridgeBio Attruby emerge as clear beneficiaries
Ionis (IONS) drops 21% as Wainua Phase 3 ATTR-CM trial fails primary endpoint. Peak sales cut to $4B. Alnylam and BridgeBio benefit from the reset.
Fiserv (FISV) reportedly exploring $15bn STAR Network sale in Durbin Amendment workaround play
Fiserv in preliminary talks with JPMorgan, Bank of America, Wells Fargo, and PNC on $15 billion STAR Network sale. Read the full analysis.
Pocket FM closed its video business. Is Abhilash Padival preparing it for an IPO?
Pocket FM has appointed former Bank of America investment banker Abhilash Padival as chief financial officer to lead fundraising, governance and global financial strategy.
Baltic Classifieds Group (LSE: BCG) rebounds after FY26 sell-off as buyback-fuelled debt swing tests the Baltic monopoly thesis
Baltic Classifieds Group (LSE: BCG) rebounds after FY26 sell-off as €101m capital return meets a swing to net debt and mid-70s FY27 margin guidance. Read on.
Nutrabolt picks banks for $1bn IPO as C4 Energy growth tests drink valuations
Nutrabolt’s planned U.S. IPO could give investors access to C4 Energy and Bloom Nutrition, but valuation will depend on brand durability, distribution economics and whether billion-dollar revenue can translate into sustainable profit.
TeraWulf (NASDAQ: WULF) HPC pivot meets execution test as Lake Mariner ramps
TeraWulf (NASDAQ: WULF) signed USD 13B of AI hosting backlog with Google in the deal. The real test is whether Lake Mariner delivers on time.
Can Wyatt Simmons turn Brazos Residential’s $800m platform into a larger institutional player?
Find out how Wyatt Simmons’ promotion could shape Brazos Residential’s multifamily acquisitions, capital strategy and next phase of Sun Belt growth.