FactSet Research Systems Inc. $FDS reported its fiscal third-quarter results on Monday, delivering top-line growth but falling slightly short of earnings expectations. The financial data and analytics provider’s stock dipped by 1.40% in premarket trading, reflecting muted investor sentiment after the earnings miss.
UBS $UBS has reiterated its negative outlook for the lithium mining industry, warning that the current oversupply and weak spot price, now below $600 per tonne, are likely to persist. Despite recent cost optimizations and industry consolidation, the investment bank sees little near-term relief for producers, citing muted market signals and structural rigidity within the supply chain.
After years of financial uncertainty and insolvency proceedings, shares of former solar manufacturer Indosolar are set to return to Indian stock exchanges. Both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) have approved the relisting of the company under the new management of Waaree Energies $WAAREEENER.NS. The stock will trade under the symbol WaareeIndo, and be categorized in the ‘T’ group, which imposes specific trading restrictions to curb speculative activity.
Shares of Coty Inc. $COTY jumped 11% following a report by WWD suggesting that the global beauty company is exploring a potential strategic sale, possibly involving the separation of its luxury and consumer beauty divisions. The discussions are reportedly in the early stages, with multiple industry sources confirming that Coty is weighing such a move. The sharp rise in the stock reflects investor optimism about the potential value unlocked through a restructuring or sale, particularly given Coty's diverse brand portfolio and expansive global distribution network.
One year after acquiring Citibank’s $C Philippine consumer banking operations, UnionBank of the Philippines has moved beyond post-merger integration and is now focused on scaling its digital and financial infrastructure. The shift marks a strategic transition from consolidation to aggressive customer acquisition and technological deployment. According to UnionBank’s Head of Consumer Banking Manoj Varma, the integration phase has concluded, giving way to a new growth-oriented agenda centered around embedded finance, expanded credit offerings, and ecosystem-based partnerships.
The UK Advertising Standards Authority (ASA) has prohibited a recent Twix television commercial, citing concerns over the promotion of reckless driving behavior. The decision follows five formal complaints from viewers who argued that the ad glamorized high-speed chases and road collisions, portraying them as humorous and consequence-free. The advertisement, produced by Mars-Wrigley, depicted a man with disheveled hair engaging in a cinematic car pursuit. The sequence culminated in a stylized crash between two identical vehicles in a composition mirroring the iconic twin-bar layout of a Twix chocolate bar.
NASA's decision to delay Boeing's $BA Starliner mission until 2026 marks a significant development in the space industry. Originally intended to serve as an alternative to SpaceX's Dragon capsule, the Starliner has faced numerous hurdles that have pushed back its operational timeline.
Laopu Gold Co. $6181.HK has attracted significant attention in the financial community after its stock price skyrocketed to an unprecedented 1000 Hong Kong dollars (approximately USD 127). This rare and remarkable achievement underscores the growing allure of Chinese luxury brands but raises questions about sustainability in light of soaring prices that might deter smaller investors.
IDP Education Ltd $IEL.AX, a central player in global student placement services, witnessed its worst-ever trading day on the Australian Securities Exchange this Tuesday. The sell-off came directly after management disclosed an alarming 48% decline in student applications—the lowest volume recorded in the past eight years. Such figures underscore the entrenched volatility in the international higher education sector, driven mainly by unpredictable immigration policies in major host countries.
Hyundai Motor Co. $HYMTF, South Korea’s leading automaker, is set to raise retail prices for its entire range of vehicles in the United States. This strategic maneuver comes as the company seeks to cushion the financial strain from newly imposed tariffs by the US administration. According to sources familiar with internal deliberations, Hyundai aims to increase the manufacturer’s suggested retail price (MSRP) by approximately 1% for every model, a change expected to take effect next week. Notably, this adjustment will impact only new units entering the US market, with existing dealer inventory remaining unaffected.
Tiger Brands Ltd. $TBS.JO, South Africa’s top food manufacturer and owner of iconic Albany bread and Jungle Oats brands, reached its highest share price since May 2018 on the Johannesburg Stock Exchange (JSE). The rally followed interim results that revealed a 34% surge in profitability, prompting a double boost to shareholder rewards—through both raised interim dividends and a substantial special dividend.
Shein Group Ltd., a Singapore-based e-commerce operator, is navigating heightened regulatory attention across the European Union. Oversight bodies, including the European Commission alongside consumer agencies from Belgium, France, Ireland, and the Netherlands, have signaled readiness to impose fines if ongoing breaches of consumer rights are not adequately addressed.
