RBC Capital Markets highlights Hiscox Ltd's retail insurance segment as the main driver for future profit growth, noting the company's valuation undervalues rising retail exposure and efficiency gains. Retail insurance made up 37% of retail premiums in 2025, with AI tools improving productivity by 40% and aiding customer acquisition. Hiscox is well positioned to offset softening pricing in other segments, supported by a $200 million cost-cutting program aiming for significant profit increases by 2028. RBC maintains an 'outperform' rating and a 1,850p price target, seeing the shares as undervalued relative to expected earnings growth.
Shirofune has introduced Walmart Connect, an integration that allows advertisers and agencies to manage Walmart retail media campaigns alongside other digital channels within a single platform. This automation reduces manual bid adjustments and repor...
Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...
Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...
The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...
Industrial Development Funding (IDF) and Oaktree have committed $1.7 billion to support Bloom Energy's fuel cell technology for building AI cloud infrastructure for Nebius. This project will provide dedicated behind-the-meter power to meet the high c...
