Articles by Daniel Marsh
TalkTalk's Rescue Sales Near Completion Amid £1B Debt Wipeout
TalkTalk is finalizing rescue sales of its consumer and wholesale units, with a reported £100M consumer price and a potential £1B debt write-off for owners.
Oracle Shares Slide 4.4% on Project Jupiter Force Majeure Notice
Oracle shares fell 4.4% after a force majeure notice on Project Jupiter raised delay risks. With $288B in lease commitments and negative free cash flow, investors question execution.
Viking Therapeutics Shares Slip 13% on $500M Capital Raise
Viking Therapeutics shares dropped 13.6% after a $500M capital raise, nearly doubling its cash runway to fund clinical development.
Australia's Jobless Rate Hits 4.6%, RBA Rate Hike Still Expected
Australia's unemployment rate climbed to 4.6% in August, its highest in nearly five years, even as the economy added 39,500 jobs. Despite the softness, traders still price a 96.5% chance of an RBA rate hike next week.
Super-for-Housing Debate Weighs on Australian Bank Stocks
Australian bank shares declined as the superannuation-for-housing debate resurfaced, with the big four banks falling 0.7%-1.8%. No formal policy has been adopted.
McDonald's $8.5B Franchise Plan Sparks Heavy Selloff and Analyst Split
McDonald's stock tumbled 4.8% after the company pledged $8.5 billion in franchisee support through 2036. The market's reaction was mixed, with analysts divided on the plan's potential.
Warner Bros. Discovery Stock Inches Closer to Paramount Buyout Price
WBD shares closed at $30.76, 0.78% below Paramount's $31 base offer. The studio delayed 'Gremlins 3' by 321 days to October 2028, as Q2 Studios revenue fell 39%.
Australia Faces A$6B Extra Interest Costs as Yields Stay High
RBC Capital Markets estimates Australia's federal debt-interest costs could rise by A$6 billion over four years, as bond yields remain near 5.3%, adding pressure on the budget and financial markets.
Admiral Shares Dip 0.9% as Job Cut Plan Raises Cost Questions
Admiral shares dropped 0.9% after proposing 500 UK job cuts, part of a £100M efficiency drive, but savings and charges remain undisclosed.
Instacart Expands Dollar General Partnership to 20,000 Stores; CART Shares Dip
Instacart's Dollar General rollout targets 20,000 stores, but CART shares slipped 2.6% as investors await financial details.
Refiners Rally as Trump Weighs Diesel Export Limits
Valero and Marathon Petroleum shares advanced as traders downplay the likelihood of a full diesel export ban, despite record U.S. pump prices and tight distillate inventories.
Palantir Rises 4.4% on FAA Buzz, But ASI Holds Key $875M Contract
Palantir shares climbed 4.4% after Rosenblatt reiterated a Buy, but the FAA's $875M SMART contract is held by Air Space Intelligence, not Palantir.