BUZZ — UK's ASOS rises on forecasting higher profit from midpoint range
* Shares of British online retailer ASOS up 7.1% at 460.5p, highest since May 2023 * Co now expects FY26 adjusted EBITDA above midpoint of £150 million ($198.62 million)- £180 million ($238.34 million) guided range * Reports positive gross merchandise value (GMV) growth in UK and Germany for H2 of FY26 * YTD, stock had