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CSL Shares Jump 17% After FY26 Reset; Meyka Grades Stock B on August 19
CSL shares jumped 17% after reporting a AUD 10 billion write-down on Vifor but signaling recovery. FY2027 revenue expected flat, underlying earnings to grow 5%. Meyka grades CSL a B.
Ausgold Jumps on $776M Takeover as Oil Tops $90 and ASX 200 Stays Flat
Ausgold shares surged on August 18, 2026, after OceanaGold agreed to acquire the company in a A$776 million deal. The offer values Ausgold at A$1.36 per share, a 28% premium to its last close. Brent crude climbed 2.3% to US$90.52 a barrel the same day. The ASX 200 finished flat at 9,070 points, down just…
Kroger Closes 35+ Harris Teeter Stores by August 18 as 60-Store Overhaul Continues
Kroger has closed 35+ stores including Harris Teeter locations in Virginia, Maryland, and North Carolina. The company plans 60 total closures by end of 2026 after its failed Albertsons merger.
Deutsche Telekom (ETR: DTE) Acquires Fiberhost and Inea for €1 Billion, Adding 300,000 Customers in Poland
Deutsche Telekom confirmed Monday, August 17, 2026, that it will acquire Poland’s Fiberhost and Inea for €1 billion. The deal, worth roughly $1.16 billion, transforms T-Mobile Polska into a fully converged telecom provider. Deutsche Telekom is buying both companies from Macquarie Asset Management. The transaction still requires customary Polish competition approval before closing. Deutsche Telekom’s…
Alibaba (NYSE: BABA) to Sell Lingxi Games to Trustar Capital in Deal Worth Over $2 Billion
Alibaba Group Holding Limited agreed on August 17, 2026, to sell its gaming arm, Lingxi Games, to Trustar Capital. The deal values the gaming unit at above $2 billion. Alibaba shares rose 1.25% to trade near $84.50 following the announcement. This transaction aligns with the tech giant’s strategy to shed non-core assets and focus on…
Indian Defence Stock Rally: HAL, Solar Industries Rise After PM Modi’s Defence Push
Indian defence stocks drew strong attention on Monday, August 17, 2026, after Prime Minister Narendra Modi’s Independence Day defence push. HAL and Solar Industries were among the stocks in focus as investors weighed the government’s renewed drive to expand domestic military production. In his August 15 address, Modi called for India to become a global…
Zaggle Prepaid Shares Crash 20% to Lower Circuit at ₹160.48 as Margins Shrink
Zaggle Prepaid shares came under heavy selling pressure on August 17, 2026, falling 20% to the lower circuit at ₹160.48. The sharp drop came after the company reported its Q1 FY27 results, which showed strong revenue growth but weaker profitability. Revenue increased 27.5% year on year to ₹423.26 crore, while net profit declined 32.9% to…
Asics to Dissolve Trading Subsidiary, Consolidate Walking Business August 15
Asics will liquidate its trading subsidiary and consolidate walking operations. Q2 profit jumped 62.1% to 35.6 billion yen as Onitsuka Tiger brand drives growth.
Polymarket Prepares Major U.S. Push to Catch Kalshi as Prediction Market Battle Intensifies
Polymarket is making its clearest U.S. expansion push yet, building an internal market-making desk that would trade directly against its own users. That shift, reported by Bloomberg on August 12, 2026, moves Polymarket closer to a traditional sportsbook model. It comes as rival Kalshi seeks fresh funding at a valuation near $40 billion, nearly double…