$CCC

Selkirk Copper Mines plans to restart the Minto mine in Yukon, Canada, by H2 2028, following a positive PEA. The project has a 13-year mine life, with peak production of 27,200 mt/year of copper-equivalent. Initial capital is estimated at C$186 million, with an after-tax NPV of C$494 million. Consolidated Copper Corp aims to restart open-pit mining at the Tschudi mine in Namibia by early 2027, with US$30–40 million in capital required, targeting 14,000 mt/year of copper cathode production.

FTSE 100 fell 1.12% to 10,691. Broker moves: HSBC downgraded Burberry to 'hold' with 1,200p target; RBC initiated AstraZeneca at 'outperform' with 14,500p target. Oil prices topped $100, raising inflation concerns. Brent crude rose 2.93% to $100.85. FTSE 250 also saw mixed broker activity.

Copart (NASDAQ:CPRT) is in talks to acquire CCC Intelligent Solutions (NASDAQ:CCC), competing against private equity firms. CCC shares rose 10% to $7.36, while Copart fell 1% to $31.44. Copart reported Q3 2026 revenue of $1.20B, up 2.1% YoY, and net income of $402.4M, down 1.0% YoY. CCC reported Q2 2026 revenue of $285.9M, up 9.8% YoY, and net income of $20.8M, up 60% YoY. Barclays lowered Copart's price target to $25, citing potential volume declines.

Morgan Stanley's Chris Quintero maintained a Buy rating on CCC Intelligent Solutions (CCC) with a $9.00 price target. The stock closed at $7.45. Analyst consensus is Moderate Buy with an $8.71 average target. Oppenheimer's Brent Thielman kept a Buy rating on Lsi Industries (LYTS) with a $29.00 target. The stock closed at $20.62. Consensus is Strong Buy with a $29.50 average target.

Copart Inc. is in talks to acquire CCC Intelligent Solutions, a car-insurance software provider. Copart, valued at $29B, competes with private equity firms GTCR and Veritas. CCC shares rose 6.7% to $7.14, while Copart's fell 0.6% to $31.51. CCC's market value is $4.2B, down from $8B in 2023. Activist investor Elliott Management holds a large stake in CCC.

Sharecast reports FTSE 100 movers. Pharmaceutical and tobacco stocks fell, with GSK, AstraZeneca, BAT and Imperial Brands among the weakest. Gains included Experian, Sage Group and Relx, linked to a Reuters report on Silver Lake talks to buy Workday. IG Group rose after RBC reiterated ‘outperform’ and kept a 1,850p target, citing oversold shares post Underdog acquisition.

Simply Wall St reports CCC Intelligent Solutions Holdings (CCC) released Q2 2026 results and new Q3 and full-year revenue guidance. The stock rose, with 30-day return of 11.88% and 90-day return of 64.39%, while 1-year total return remains -27.85%. The article cites a $8.64 fair value vs $6.97 close and notes valuation metrics and risks from weaker auto claim volumes and customer concentration.

The FTSE 100 delivered a 22.2% total return over 12 months to July 2025, with a 19.1% price gain and about a 3.1% trailing dividend yield, turning a £20,000 investment into £24,440. Computacenter (LSE: CCC) rose 114% and is the top FTSE 100 performer. Computacenter reported FY 2025 revenue growth and mixed earnings, with Simply Wall St citing EPS £1.47 and net income £153.7m.

Simply Wall St reports CCC Intelligent Solutions Holdings (CCC) released Q2 and half-year 2026 results and raised revenue guidance for Q3 and full year. The stock rebounded, with 30-day return up 13.44% and 90-day up 23.63%, but remains down 19.57% YTD and 36.51% over 1 year. Valuation narrative sets fair value at $8.64 vs $6.33 close, about 26.7% undervalued, citing high P/E of 88x.

CCC Intelligent Solutions Holdings reported Q2 2026 revenue of $286 million, up 10% year over year, exceeding guidance. Adjusted EBITDA was $115 million, up 7%, with adjusted gross margin at 76%. AI annualized revenue exceeded $120 million. Free cash flow was $82 million. Q3 2026 guidance: $289.5m to $291.5m revenue and $118m to $120m adjusted EBITDA.