Financial News · Live Terminal

Page 1449 of 1596

Air New Zealand's Moody's Outlook Cut to Negative, Rating Affirmed at 'Baa1'

Air New Zealand (ASX:AIZ) said Moody's Ratings has affirmed its issuer rating and senior unsecured debt rating at "Baa1," while changing the outlook to negative from stable, according to a Friday New Zealand and Australia bourse filing.Moody's also affirmed the baseline credit assessment at "baa3" and the senior unsecured medium term note programme at "(P)Baa1," the filing added.

ASX:AIZNZE:AIR

Asia152d ago

Sunwoda Electronic's 2025 Profit Slumps 28%, Revenue Up 13%; Shares Down 4%

Sunwoda Electronic's (SHE:300207) attributable profit plunged 28% to 1.06 billion yuan in 2025 from 1.47 billion yuan a year earlier, according to a Shenzhen Stock Exchange filing on Friday.Earnings per share slipped to 0.57 yuan from 0.79 yuan a year prior.Revenue, however, surged 13% to 63.2 billion yuan from 56 billion yuan.Shares of the lithium-ion battery manufacturer fell over 4% in recent trade.

SHE:300207

Asia152d ago

Emerald Resources' Q3 Production Slightly Misses Estimate, Costs Beat Guidance, Says Euroz Hartleys

Emerald Resources' (ASX:EMR) March quarter results delivered slightly lower than expected production but at improved costs, with cash continuing to build, said Euroz Hartleys in a Thursday note.The company's Okvau gold mine operations in Cambodia recorded March quarter gold production of 26,300 ounces at an all-in sustaining cost (AISC) of $897 per ounce.Euroz Hartleys expected 29,000 ounces at AISC of $1,050.The research firm said that the company's AU$42 million cash and bullion addition to the bank showed another "strong" cash generation quarter.Euroz Hartleys maintained its buy rating on Emerald Resources with a price target of AU$8.10.The company's shares fell 5% in recent Friday trade.

ASX:EMR

Asia152d ago

Jefferies Adjusts Beijing Roborock Technology's Price Target to 150 Yuan from 196 Yuan, Keeps at Buy

SHA:688169

Asia152d ago

Skylink Shares Jump 8% on Upbeat Earnings Forecast

Skylink (SGX:XZB) expects to report a "substantially higher" net profit for the fiscal year ended March 31 compared with a year prior, according to a Thursday filing with the Singapore Exchange.Shares of the commercial vehicle leasing company rose over 8% in Friday trading.The company attributed the upbeat forecast to higher recurring revenue from its vehicle leasing activities and other key verticals.Skylink will release its results on or before May 30.

SGX:XZB

Asia152d ago

Canmax's Q1 Profit Skyrockets Nearly 16-Fold, Revenue Up 90%; Shares Surge 12%

Canmax Technologies' (SHE:300390) attributable profit surged nearly 16-fold in the first quarter of 2026 to 968.9 million yuan from 61.6 million yuan a year earlier, according to a Shenzhen Stock Exchange filing on Friday.Earnings per share likewise grew to 1.17 yuan from 0.07 yuan a year prior.Revenue surged 90% to 3.2 billion yuan from 1.69 billion yuan, which the lithium-ion battery materials manufacturer attributed to higher sales and selling price of its products.Shares of the company jumped almost 12% in recent trade.

SHE:300390

Asia152d ago

CapitaLand Investment's Lodging Unit to Invest in AI Infrastructure

CapitaLand Investment's (SGX:9CI) lodging business unit, The Ascott, outlined plans to push into AI-ready infrastructure based around agentic commerce, according to a Thursday filing with the Singapore Exchange.Shares of the real estate asset manager were up under 1% in Friday trading.The Ascott has entered into strategic collaborations with Accenture, Amadeus and EHL Hospitality Business School to fast-track its transformation.

SGX:9CI

Asia152d ago

Jefferies Adjusts Yantai China Pet Foods' Price Target to 56.40 Yuan from 64.60 Yuan, Keeps at Buy

SHE:002891

Asia152d ago

Jefferies Adjusts YTO Express Group's Price Target to 25.70 Yuan from 21.70 Yuan, Keeps at Buy

SHA:600233

Asia152d ago

Nomura Adjusts Pakuwon Jati's Price Target to IDR480 from IDR500, Keeps at Buy

IDX:PWON

Asia152d ago

Nomura Adjusts Bumi Serpong Damai's Price Target to IDR1,080 from IDR1,270, Keeps at Buy

IDX:BSDE

Asia152d ago

SGH Forecast to Achieve 2.3% EBIT Growth YOY in Fiscal Year 2026, Jefferies Says

SGH's (ASX:SGH) estimated earnings before interest and taxes (EBIT) for the second half of fiscal 2026 was downgraded by 2%, and the firm is forecast to achieve 2.3% EBIT growth year-over-year in the fiscal year, Jefferies said in a Thursday note.EBIT growth for SGH continues to moderate in the absence of mergers and acquisitions, which is the key catalyst to drive an acceleration in earnings growth.Jefferies downgraded its fiscal year 2027 EBIT estimate by 4% and its fiscal 2028 EBIT estimate by 5%, reflecting Boral diesel headwinds, weaker macroeconomic assumptions for Boral and Coates, and Westrac pricing headwinds.The investment firm maintained its hold recommendation on SGH and reduced the price target to AU$46 per share from AU$51.90 per share.

ASX:SGH

Asia152d ago

Suntec REIT's DPU Up 24% in Q1

Suntec REIT's (SGX:T82U) distribution per unit or DPU jumped 24% in the first quarter of the year to SG$0.01936 from SG$0.01563 a year earlier, according to a Thursday filing with the Singapore Exchange.Shares of the REIT were up over 1% in Friday trading.Distributable income rose 25% to SG$57.3 million from SG$45.9 million.Net property income was up by 0.3% to SG$77.3 million compared with SG$77.1 million in the year-ago period.Gross revenue rose 1.9% year over year to SG$115.6 million from SG$113.5 million, backed by strong operating performance.

SGX:T82U

Asia152d ago

CapitaLand Investment to Manage SG$2.4 Billion Income Insurance Real Estate Portfolio

CapitaLand Investment (SGX:9CI) bagged an investment mandate worth SG$2.4 billion from Income Insurance, according to a Thursday filing with the Singapore Exchange.Shares of the real estate asset manager were up under 1% in Friday trading.The mandate is for Income Insurance's direct real estate portfolio, which comprises retail, commercial and industrial assets.Since 2025, the company has booked over SG$12.1 billion worth of transactions.

SGX:9CI

Asia152d ago

Nomura Adjusts L&T Technology Services' Price Target to INR3,510 from INR3,300, Keeps at Neutral

BOM:540115NSE:LTTS

Asia152d ago

Nomura Adjusts Tech Mahindra's Price Target to INR1,760 from INR1,740, Keeps at Buy

BOM:532755NSE:TECHM

Asia152d ago

Aayush Wellness Rolls Out Liver Detox Tablets; Shares Jump 9%

Aayush Wellness (BOM:539528) launched "Liver Detox Tablets" herbal formulation to boost liver health, according to a BSE filing on Friday.This herbal formulation is aimed at naturally detoxifying, protecting, and regenerating liver cells, addressing the growing liver health challenges triggered by modern lifestyle habits, environmental toxins, and poor dietary choices.The company's shares were up nearly 9% in recent trade.

BOM:539528

Asia152d ago

KGL Resources' Baseline Model for Northern Territory Project Confirms 'Attractive Economics'

KGL Resources' (ASX:KGL) baseline economic model for its Jervois copper-silver-gold project in the Northern Territory confirmed "attractive economics" and offered a basis for project financing and the start of development, according to a Friday filing with the Australian bourse.Results of the baseline economic model show a pre-tax net present value of about AU$1.23 billion, a pre-tax internal rate of return of 37%, and an average steady state operating cash flow of AU$260 million per year, according to the filing.Additionally, the project's construction capital cost estimate is AU$439 million, and its additional mining and sustaining capital forecast is AU$290 million, which would be funded from cash flow generated during operations, the company said.Shares of KGL Resources were down 2% in recent Friday trade.

ASX:KGL

Asia152d ago

Nomura Adjusts LTM's Price Target to INR5,000 from INR5,020, Keeps at Buy

BOM:540005NSE:LTM

Asia152d ago

Hubei Feilihua Quartz Glass' Q1 Profit Jumps 37%, Revenue Up 53%

Hubei Feilihua Quartz Glass (SHE:300395) posted a 37% increase in first-quarter profit to 143.7 million yuan from 105.1 million yuan a year earlier, according to a Shenzhen Stock Exchange filing on Friday.Earnings per share edged up to 0.28 yuan from 0.22 yuan.The manufacturer of quartz glass material and quartz fiber reported a 53% jump in Q1 revenue to 621.7 million yuan from 406.3 million yuan.

SHE:300395

Showing 28961-28980 of 31909