Tonnellerie Francois Freres Shares Tumble on Severe Profit Decline and Dividend Cut
The premium oak barrel maker reported a 71% plunge in annual net profit and warned of continued market challenges, triggering a sharp sell-off in its shares.
Latest by Elena Volkova
Bernstein Holds $3,100 Aluminium Forecast as Market Deficit Is Seen Outweighing Supply Recovery
Analysts at Bernstein are maintaining their $3,100 per ton price forecast for aluminium for the second half of 2026, citing an expected market deficit that will support prices despite a faster-than-expected recovery in global supply.
Spire Healthcare Shares Climb as Toscafund Takeover Deadline Is Extended Again
Shares of the UK private hospital operator gained over 2% after regulators granted a third extension for Toscafund Asset Management to formalize its £1 billion takeover proposal.
Erste Bank Stock Surges on Goldman Sachs 'Buy' Rating, Poland Expansion
Shares of Erste Group Bank AG rallied after Goldman Sachs reinstated coverage with a 'Buy' rating, citing the lender's strategic acquisition in Poland and above-consensus earnings forecasts.
Hugo Boss Board Rejects Frasers Group's €38-per-Share Takeover Bid
The German fashion house's management and supervisory boards have advised shareholders to turn down the offer from its largest shareholder, arguing the bid undervalues the company and its future prospects.
China Considers Restricting Foreign Access to Advanced AI Models, Sources Say
Chinese authorities have reportedly held meetings with top technology firms, including Alibaba and ByteDance, to discuss potential export controls on the country's most advanced AI models, treating the technology as a critical national asset.
Nikkei 225 Gains 1.55% on Tech and Banking Strength, Volatility Surges
Japan's Nikkei 225 index closed significantly higher on Thursday, buoyed by gains in technology and banking shares. The rally occurred alongside a sharp spike in the Nikkei Volatility index, which surged to a three-month high.
Computacenter Shares Surge Over 10% on Major Profit Upgrade
The IT infrastructure provider significantly raised its full-year profit forecast, citing robust demand from hyperscale clients for AI and data center hardware.
Capita Shares Plunge After Profit Warning on Pension Contract Failures
The UK outsourcing firm warned that issues with its civil service pension scheme contract would significantly reduce annual profit and cash flow, triggering a sharp sell-off in its stock.