Analysis: Stocks

Nordea: Q3: Buyback pause overshadows resilient franchise

Earnings/Sales releases Nordea’s Q3 slightly missed consensus , mainly because the trading result was hit by September’s rate volatility. Underlying trends held: corporate lending at +8% yoy, NII...

Pernod Ricard: Green shoots, no toast yet

Earnings/Sales Releases Pernod Ricard's Q1 offers the first tentative signs of stabilisation, but not enough to call it a recovery. India remains the growth engine, while Chinese underlying...

Nel: Alkaline's dry spell prolongs Nel's suffering with yet another underwhelming result

Earnings/Sales releases Nel continued its dismal run of results as a perennially shrinking Alkaline order book weighs on headline numbers despite sustained positive momentum in PEM. The group reduced...

Travis Perkins: Q3 trading: Pricing cushions continued weakness in merchanting

Earnings/Sales Releases Travis Perkins delivered a mixed Q3 FY26 trading performance, with group LFL revenue down 1.3% YoY. Merchanting LFL revenue declined by 2.2%, as a 9.0% drop in volumes, worse...

Savencia's Discount to Equity now even more Pronounced

France's third-largest dairy products company, the family-owned group remains a stock market outcast.

Entain: Solid Q3, but regulatory risks cloud the outlook

Earnings/Sales releases Entain delivered resilient Q3 trading, led by strong UK&I performance and growth across several international markets. However, Brazil’s regulatory ban, higher UK gambling...

Kinnevik Investment: Q3 26: A still overvalued NAV but welcomed investment conservatism

Earnings/Sales releases Kinnevik reported relatively good Q3 results with a slightly increased NAV, thanks to Enveda's last funding round. The valuations of other holdings are still logically being...

Does First Pacific Company Have the Ingredients for a Comeback?

The company offers investors some food for thought as its portfolio collides with weak market sentiment

Eldorado Pins Its Hopes on Upcoming Mines

Output at Eldorado Gold Corporation is shrinking. It needs the McIlvenna Bay and Skouries projects to deliver before the ounces run low.

Daikin Industries Catches Strong Tailwinds on Sales, But Profits Tread Water

The next challenge is turning demand into earnings.

Ericsson: Ericsson's operational strength tested by looming rising component costs

Earnings/Sales releases Ericsson delivered a strong Q3, with organic sales growth of 7% YoY and an adjusted EBITDA margin reaching 17%. Growth was supported by higher Networks sales, a favourable...

British Land Co: Looking for an entry point?

Earnings/Sales releases The H1 26 trading statement confirms the upward trajectory for EPS. British Land anticipates an improvement rate of 3–6% per annum for the years ahead. Fact Organic growth...

Savencia's Discount to Equity now even more Pronounced

France's third-largest dairy products company, the family-owned group remains a stock market outcast.

Gecina: The absence of bad news is good news

Earnings/Sales Releases Organic growth continued to slow in Q3 26. Guidance for FY 26 remains unchanged, as does the outlook for a rebound in FFO starting in 2028. Fact In the office segment, we...

ASML: Strong results and pricing power support margin expansion

Earnings/Sales ReleasesASML reported Q3 2026 revenue of €11.7bn, with a record gross margin of 57.5%, driven by strong EUV demand and higher-margin installed-base upgrades. Management narrowed its...

Wells Fargo also defies alarmist forecasts about the health of the US economy

The fourth-largest US bank reported its Q3 results yesterday.

Apple's new connected-home strategy

The cameras, lock and thermostats in the new Apple Home Collection install like a pair of AirPods. Open the box next to an iPhone, pairing starts automatically, and no account will ever be required...

Nscale raises $3.4bn ahead of IPO, a symptom of the neocloud model

UK-based Nscale has completed a $3.36bn convertible bond financing led by Third Point and backed by Nvidia. Behind this pre-IPO funding round lies the fragility of a model that hyperscalers helped...

JPMorgan continues to smash records

Investors watching the results of the largest US bank for clues about the health of the economy will likely be reassured by the publication of its nine-month figures.