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AST SpaceMobile Launches 3 Communications Satellites Into Orbit

AST SpaceMobile (ASTS) said Wednesday its BlueBird 8, 9, and 10 satellites successfully launched into orbit from Cape Canaveral Space Force Station aboard a Falcon 9 rocket.The 2,400-square-foot arrays are designed to enable cellular broadband data directly to ordinary smartphones at peak speeds of nearly 200 Mbps, the company said.The system is designed to work with standard 4G and 5G mobile devices and integrate with terrestrial mobile networks, and the company has commercial agreements with nearly 60 mobile operators worldwide, AST SpaceMobile said.Shares of the company were up 4.3% in Wednesday premarket trading.

$ASTS

Equities42d ago

Antero Resources Launches Up to $1.65 Billion Commercial Paper Program

Antero Resources (AR) has set up a commercial paper program under which it may issue up to $1.65 billion of short-term unsecured notes, the company said in a regulatory filing Tuesday.The notes may mature up to 397 days from issuance and will be sold in the US commercial paper market at par or at a discount, with interest rates determined at issuance, Antero Resources said.The company said its senior unsecured revolving credit facility is expected to serve as a liquidity backstop for the program.Net proceeds from the program will be used for general corporate purposes, including working capital, capital expenditures, acquisitions and debt repayment, Antero Resources said.

$AR

Mining & Metals42d ago

Information Services Corporation Notes ISS and Glass Lewis Recommend Shareholders Vote for All-Cash Transaction With Plenary Americas

$ISC.TO

International42d ago

MBA US Mortgage Applications Reverse in Week Ended June 12; Mortgage Rates Hold Steady

Mortgage applications fell by 3.8% in the week ended June 12 after a 10.8% increase in the previous week, as average 30-year fixed mortgage rates held steady, according to Mortgage Bankers Association data released Wednesday.Applications for refinancing loans fell by 5%, while new purchase applications declined by a seasonally adjusted 3%.The average contract interest rate for 30-year fixed mortgages with loan balances of $832,750 or less remained at 6.60%."Last week's CPI data showed that inflation continued to move higher, putting upward pressure on rates early in the week, but growing optimism regarding the opening of the Strait of Hormuz brought rates down again by the end of the week," said Mike Fratantoni, MBA's senior vice president and chief economist.

Research42d ago

BTIG Upgrades TPG Mortgage Investment Trust to Buy From Neutral, Price Target is $9

TPG Mortgage Investment Trust (MITT) has an average rating of buy and mean price target of $9.33, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$MITT

Asia42d ago

Invincible Investment Secures 6.5 Billion Yen in New Loan Agreements

Invincible Investment (TYO:8963) has entered into a 6.5 billion yen new term loan agreement to replenish cash on hand, according to a Tokyo bourse filing on Wednesday.The new loan was secured following the redemption of 5 billion yen in corporate bonds and the repayment of 1.5 billion yen of existing borrowings.The new financing includes a 1 billion green loan from the Development Bank of Japan, with proceeds used to refinance debt tied to the BELS-certified Hotel MyStays Premier Kanazawa.The remaining loans are split among other lenders, with Mizuho Bank providing 1.7 billion yen, MUFG Bank 2.15 billion yen, and Sumitomo Mitsui Banking Corp. 1.65 billion yen, all maturing on July 16, 2029, with floating interest rates at 1-month JPY TIBOR plus 0.250%.

TYO:8963

Mining & Metals42d ago

Ur-Energy Says Cumulative Production Surpasses 3.5 Million Pounds

$URE.TO

Mining & Metals42d ago

Ur-Energy Cites 100th Shipment of Yellowcake from Lost Creek ISR Uranium Mine, Wyoming

$URE.TO

Research42d ago

BTIG Downgrades Ellington Financial to Neutral From Buy

Ellington Financial (EFC) has an average rating of overweight and mean price target of $14.79, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$EFC

Research42d ago

BTIG Upgrades MFA Financial to Buy From Neutral, Price Target is $10.50

MFA Financial (MFA) has an average rating of overweight and mean price target of $10.70, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$MFA

International42d ago

MBA US Mortgage Applications Fall 3.8% in Week Ended June 12 After 10.8% Increase in Prior Week

Mining & Metals42d ago

Franco-Nevada to Pursue Legal Remedies Following Burkina Faso Court Decision on Karma Mine Stream

Franco-Nevada (FNV.TO) intends to pursue its own legal remedies following a court decision in Burkina Faso purporting to nullify the stream agreement related to the Karma gold mine, the company said late on Tuesday.The stream agreement is governed by Ontario law. Franco-Nevada believes the Burkina Faso judgment is not valid and is seeking to have the judgment vacated.Franco-Nevada is pursuing legal remedies in Ontario and elsewhere in accordance with the dispute resolution provisions in the agreement against Riverstone Karma SA, its parent Nere Mining SA and other relevant affiliates.According to Riverstone Karma, the Commercial Court of Ouagadougou nullified the gold purchase agreement, ordering the payment of about US$9.3 million to Riverstone Karma.Riverstone Karma operates the Karma mine, an open-pit gold mine located in northern Burkina Faso.

$FNV.TO

Asia42d ago

China Regulator Issues Warning to Winning Health Technology Ex-Chairman, Subsidiary Following Bribery Verdict

China's securities regulator issued a warning to Winning Health Technology Group (SHE:300253) subsidiary Weining Health Technology Group and former chairman Zhou Wei following their bribery conviction, according to a Tuesday after-market bourse filing.The bribery conviction reflected "deficiencies in the company's internal control," the filing said.

SHE:300253

Commodities42d ago

Helion Secures Regulatory Licenses for Fusion Power Plant in Washington

Fusion energy company has secured the regulatory licenses required to build and operate its first fusion power plant in Washington after receiving two approvals from the state's Department of Health, the company said on Monday.The Radioactive Materials License and Radioactive Air Emissions License secured from the DOH on Monday confirms that the company's Orion facility in Malaga, Washington has the requisite facilities, personnel and safety programs to comply with rigorous safety standards needed for fusion operations, it said.The two approvals are the latest in a group of key permits and licenses required for the Orion facility, which the company says will be the world's first fusion power plant.Helion is also pursuing a transmission interconnection agreement with Chelan County Public Utility District, it said.Helion has completed the assembly and office buildings and will now proceed with work on the generator building, after starting initial earthwork in spring 2026.

Insider Trading42d ago

Global-e Online Insider Sold Shares Worth $536,309, According to a Recent SEC Filing

Amir Schlachet, Director and Chief Executive Officer, on June 16, 2026, sold 16,666 shares in Global-e Online (GLBE) for $536,309. Following the Form 4 filing with the SEC, Schlachet has control over a total of 4,200,058 ordinary shares of the company, with 4,200,058 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1835963/000119312526273362/xslF345X05/ownership.xml

$GLBE

Asia42d ago

FineMat Applied Materials OKs Up to NT$50 Million Cash Capital Increase

FineMat Applied Materials (TPE:6698) board has approved a cash capital increase by issuing new shares, according to a Wednesday Taiwan Exchange filing.The company plans to issue up to 5 million common shares with an aggregate par value not exceeding NT$50 million.The high-precision metal mask manufacturer's chairman will set pricing after regulatory approval.Proceeds from the offering will be used to repay bank loans, while any excess funds will be directed toward working capital, the filing said.

TPE:6698

Equities42d ago

RBC Adjusts Equinor Forecasts After Strategic Update; Underperform Retained

RBC Capital Markets adjusted its forecasts for Equinor (EQNR.OL) as it took into account the Norwegian energy company's recent strategic update, expecting increased oil volumes from Norway over the medium term.In a Wednesday note, the research firm increased its EPS estimates by 2.9% for 2026, 10.4% for 2027 and 19% for 2028. Forecasts for net production and cash flow from operations were also raised over the three-year period."Equinor's strategic update outlined plans to continue growing its international upstream portfolio and sustain the Norwegian business, while low carbon spend looks set to remain much more modest than envisaged a few years ago. Underlying margins should improve as the mix shifts away from the [Norwegian Continental Shelf] towards International barrels, and this is supportive of higher FCF," analysts wrote. "We weigh this against our more cautious view on gas macro, and Equinor's relative valuation."Analysts view Equinor as moving to "less extraordinary" times and a more "normal" balance sheet position after benefiting from a particularly strong cycle for European gas prices over the last few years.The stock's underperform rating was retained, with a price target of 360 Norwegian kroner.

$EQNR.OL

Mining & Metals42d ago

DMG Blockchain Solutions Detailed Its First Prefabricated Data Center Colocation Contract; Provided Preliminary Operational Results for May 2026

DMG Blockchain Solutions (DMGI.V), a vertically integrated digital asset and data center technology company, has signed a colocation contract that is "ideal for use with its prefabricated data centers (PDCs)" located at its Christina Lake, BC site with a contract value of approximately $670,000 and a term that spans slightly over two-years, the company said overnight Tuesday.The tenant is expected to run AI compute workloads and has an option to add secure Sensitive Compartmented Information Facility (SCIF) services for future projects, and the PDCs are expected to be ready for service later this calendar year, it added.Sheldon Bennett, DMG's CEO said, "Ultimately, we expect that at least a portion of our customer base will value the SCIF-rating, and we hope to expand the amount of SCIF-rated data center capacity offered for secure sovereign AI compute applications."DMG also announced preliminary operational results for May 2026. Among highlights, bitcoin mined was 22 BTC (compared to 21 BTC in April 2026); Hashrate was 1.52 EH/s (compared to 1.54 EH/s in April 2026); and bitcoin balance was 393 BTC (versus 389 BTC in April 2026).Shares in DMG were unchanged at $0.54 in Canada yesterday.

$DMGI.V

Asia42d ago

Market Chatter: Hong Kong's Regulator to Proceed with Restitution Plan for Evergrande Shareholders

Hong Kong's Securities and Futures Commission (SFC) will move forward with a HK$1 billion compensation plan for China Evergrande's (HKG:3333) minority shareholders, Bloomberg reported Wednesday, citing a spokesperson.The SFC had obtained a commitment from PricewaterhouseCoopers' (PwC) Hong Kong affiliate to set aside the funds for the restitution process in April, the report said.The regulator is pursuing the plan despite the indebted property developer's court-appointed liquidators seeking a judicial review of the deal, according to the report.The liquidators, who believe the shareholders will not receive the compensation, are reportedly also claiming the SFC lacks the statutory authority to enter into an arrangement with a non-regulated party such as PwC's Hong Kong affiliate.The liquidators are also seeking 57 billion yuan in damages from PwC International and its Hong Kong and China affiliates over alleged negligent auditing and misrepresentation linked to Evergrande, Bloomberg reported.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

HKG:3333

Asia42d ago

Credit Saison Board Approves Treasury Share Disposal Under Restricted Stock Compensation Plan

Credit Saison (TYO:8253) board approved the disposal of 49,419 treasury shares totaling 211.9 million yen under its restricted stock compensation plan.The shares were allocated to seven directors, excluding outside directors, and 17 executive officers, according to a Wednesday filing on the Tokyo Stock Exchange.The disposal will be completed on July 17.

TYO:8253

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