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Allied Properties REIT Brief: MacIntyre Replaces Nanthini Mahalingam, who Will Remain in Place During a Transition Period to Support Continuity

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Allied Properties REIT Appoints Craig MacIntyre As Senior VP and Chief Financial Officer, Effective July 29, 2026

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Permian, Haynesville Rebound Drives 22-Rig Weekly Gain in US Land Activity, TPH Energy Says

US land drilling activity added 22 rigs last week and reached 605 as Permian and Haynesville operators reversed recent declines, TPH Energy said in a Monday note.Baker Hughes (BKR) reported a smaller increase of one rig to 550, while the respective four-week trends showed gains of six rigs for Enverus and five rigs for Baker Hughes, TPH Energy said.Driving most of the increase, horizontal activity expanded by 19 rigs as both the Permian and Haynesville added seven rigs each following the prior week's pullback and new structural deployments, according to TPH Energy.After adjusting for geography and well classifications, TPH Energy estimates Haynesville activity at about 56 horizontal rigs, with Apex International Energy continuing to account for roughly 25% of basin drilling activity.While Eagle Ford operators reduced activity by three rigs, other oil-focused basins posted gains and added between two and three rigs each during the week.Canadian drilling increased by 10 rigs to 177 from 137 a year earlier, while Gulf of Mexico activity added one floater and finished with 17 floaters and three working jackups, according to TPH Energy.

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Allied Properties REIT Brief: Appoints Craig MacIntyre as Chief Financial Officer, Effective July 29

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Mountain Province Diamonds Says Addressed Near Term Liquidity Position with Asset Sale and Adds It Received Extensions on Financial Obligations

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First Capital REIT Notes Arrangement Involves KingSett Real Estate Growth LP No. 8 and Choice Properties

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First Capital REIT Notes Both ISS and Glass Lewis Recommending Its Holders Vote In Favour of Prior Announced Plan of Arrangement

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BMO to Redeem $1B Series K Medium-Term Notes (Non-Viability Contingent Capital (NVCC)) (Subordinated Indebtedness) First Tranche

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SSR Mining Announcing Additional US$500 Million Share Buyback and Reinstatement of Quarterly Dividend

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Mission Produce Insider Bought Shares Worth $413,195, According to a Recent SEC Filing

Jay A Pack, Director, on June 11, 2026, executed a purchase for 37,450 shares in Mission Produce (AVO) for $413,195. Following the Form 4 filing with the SEC, Pack has control over a total of 1,702,847 common shares of the company, with 429,246 shares held directly and 1,273,601 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1802974/000182587926000003/xslF345X05/wk-form4_1781556342.xml

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GO Residential REIT Closes New York Acquisitions, Reaffirms Distribution Policy

GO Residential Real Estate Investment Trust (GO-U.TO) on Monday said it closed two acquisitions that are expected to "enhance the REIT's scale, portfolio quality and long-term growth profile".According to the statement, on May 28 and June 5, the REIT completed the indirect acquisitions of 7 Dey Street located at 7 Dey St., New York, and Ivy Tower located at 345 W 42nd St. and 350 W 43rd St., New York, respectively. The deals were funded by a "disciplined and diversified capital stack" consisting of available cash and the arrangement of approximately $146.3 million of new fixed-rate mortgage debt on 7 Dey Street."These transactions are poised to strengthen our platform by improving portfolio quality, expanding our footprint and supporting sustainable long-term growth. Equally important, they have been executed in a way that underscores our continued focus on maintaining a conservative balance sheet," said chief executive Joshua Gotlib.7 Dey Street is a luxury 209 suite high-rise residential tower located in the heart of Tribeca, steps from the Fulton Transit Center and the World Trade Center. This 33-story glass tower was completed in 2019 and offers a mix of studio, one-bedroom, two-bedroom, and three-bedroom residences, including penthouse suites.While Ivy Tower sits between 8th and 9th Avenues on West 43rd Street, putting Times Square, the Theater District, Bryant Park, and the Hudson Yards waterfront within a short walk. It comprises 321 suites across 41 stories and offers a mix of studio, one-bedroom, two-bedroom, and three-bedroom residences.The REIT adopted a monthly distribution policy targeting approximately 65% of estimated annual AFFO (adjusted funds from operations) and pays a monthly distribution of $0.05325 per unit, representing $0.639 on an annual basis.On Monday, the board of trustees of the REIT approved a cash distribution of $0.05325 per unit for the month of June 2026, representing $0.639 per Unit on an annual basis.The units closed up $0.12 at $9.89 on Toronto Stock Exchange on Monday.

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Oil & Energy43d ago

Iran Deal Framework Advances Sanctions Rollback, Hormuz Reopening Plan, TPH Energy Says

The US and Iran plan to sign a memorandum of understanding in Switzerland on Friday, launching a 60-day process toward a broader agreement as Brent crude drops about 5%, according to TPH Energy.The accord would formally end the conflict and start negotiations on a final settlement. Preliminary discussions will continue before Friday, while both sides focus on the signing that triggers the agreement timeline, TPH Energy said.The US is removing its blockade, and Iran is reopening the Strait of Hormuz to commercial shipping under Iranian and Omani oversight. Shipping firms, however, continue to seek assurances that mines no longer threaten the route, according to TPH Energy.President Donald Trump has described the reopening as a "toll-free" arrangement, though uncertainty remains over whether Iran will charge management fees, TPH Energy said.Iranian media reports indicate that formal negotiations will begin only after Tehran confirms that Washington has ended military operations, lifted the blockade, and released about $25 billion in frozen Iranian assets, according to TPH Energy.A senior Iranian official also indicated that the US plans to suspend oil sanctions for an unspecified period. Tehran views those steps as prerequisites before entering substantive talks on a permanent agreement, according to TPH Energy.While the memorandum reportedly excludes Iran's ballistic missile program, negotiators are focusing on freezing nuclear activities, including limits on enrichment and the dilution of highly enriched uranium under strict international monitoring, according to TPH Energy.Backed by Washington and regional allies, the parties could negotiate a reconstruction and economic development plan for Iran, while the US and the United Nations would lift sanctions under an agreed timetable, according to TPH Energy.The agreement also assigns the US responsibility for preserving the Lebanon ceasefire. Recent clashes between Israel and Hezbollah, including Sunday's strike on Beirut, threatened negotiations, while Israel continues to support security zones in Lebanon, Syria, and Gaza, TPH Energy said.

Global LNG Trade Accelerates as Asian Heat Boosts Demand and Exports Recover, Vortexa Says

Global LNG trade strengthened last week as Asian heatwaves lifted cooling demand, European imports rebounded, and major exporters increased shipments, Vortexa said Monday in its LNG Weekly.Asian LNG arrivals reached 4.8 million metric tons in 77 cargoes, among the strongest weekly levels since the first quarter. India imported 0.6 million tons in 10 cargoes, with its 14-day moving average at a seasonal record as buyers secured fuel for power generation and fertilizer production. Pakistan received two cargoes, including a Qatari shipment aboard the Liberian-flagged vessel Lebrethah, following a dark transit through the Strait of Hormuz.China's imports eased to 1.0 million tons in 16 cargoes, their lowest since early May, although the country received its first Qatari LNG cargo since March. Imports into Japan and South Korea remained broadly in line with recent averages. Asian spot LNG prices traded at an average premium of $2.3 per million British thermal units over Europe, keeping the Atlantic-to-Asia arbitrage open.European LNG imports rose to 2.1 million tons in 35 cargoes, the highest weekly total in a month. France's Montoir terminal received its first cargo since early May following maintenance, lifting national imports about 30% above their four-week average. French LNG demand could remain supported by potential nuclear output restrictions linked to elevated river temperatures. EU gas storage ended the week 44% full, 14% percentage points below the five-year average.On the supply side, US LNG exports rebounded to 2.7 million tons in 40 cargoes, their strongest week since the first quarter, as Cameron LNG recovered from downtime and Freeport LNG completed maintenance. Australia exported 1.7 million tons in 25 cargoes, more than 15% above its four-week average, despite ongoing industrial action at the Ichthys LNG plant.Qatar loaded three LNG cargoes last week, and several QatarEnergy-controlled vessels reappeared on AIS tracking systems after transiting the Strait of Hormuz without transmitting signals. The vessels are bound for China, Pakistan, and India, highlighting continued LNG flows through the strategically important waterway.Meanwhile, Russia completed its earliest post-winter Northern Sea Route LNG delivery since 2020. The sanctioned ice-class Christophe de Margerie discharged an Arctic LNG 2 cargo into the Koryak floating storage unit in Kamchatka after an 18-day voyage. The cargo is expected to be transferred to the Arctic Mulan for delivery to China, while eight additional Arctic LNG 2 cargoes are already en route to Chinese buyers.

United Therapeutics Insider Sold Shares Worth $5,143,214, According to a Recent SEC Filing

Martine A Rothblatt, Director, Chairperson & CEO, on June 12, 2026, sold 9,500 shares in United Therapeutics (UTHR) for $5,143,214. Following the Form 4 filing with the SEC, Rothblatt has control over a total of 668,728 common shares of the company, with 40,513 shares held directly and 628,215 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1082554/000110657826000078/xslF345X05/primarydocument.xml

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Dow JonesNasdaq CompositeS&P 500$FOX$FOXA$WDC

Millicom International Cellular Insider Sold Shares Worth $3,824,730, According to a Recent SEC Filing

Karim Antonio Lesina, Executive Vice President, Chief External Affairs Officer, on June 11, 2026, sold 42,497 shares in Millicom International Cellular (TIGO) for $3,824,730. Following the Form 4 filing with the SEC, Lesina has control over a total of 118,101 common shares of the company, with 118,101 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/912958/000095010326008981/xslF345X05/ownership.xml

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Wire43d ago

Adaptive Biotechnologies Weighs Separation of Immune Medicine Unit; Shares Fall After Hours

Adaptive Biotechnologies (ADPT) is evaluating strategic and structural alternatives for its immune medicine segment in a plan to separate the business from its minimal residual disease division.A decision on the separation is expected by year-end, the company said Monday in a statement.Adaptive shares fell 5.6% in after-hours trading.

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Asia Markets43d ago

Update: US Equity Indexes Soar, Crude Oil Sinks as Iran Agreement Poised to Reopen Hormuz

(Updates with index/price moves, macroeconomic data, and political/company news from the first paragraph.)US equity indexes surged after Washington and Tehran reached an interim agreement that sets the stage for a reopening of the Strait of Hormuz, the chokepoint for about a fifth of global crude oil flows.The Nasdaq Composite surged 3.1% to 26,683.94, with the S&P 500 up 1.7% to 7,554.29, and the Dow Jones Industrial Average higher by 0.9% to 51,671.0 on Monday.Technology, communication services, and consumer discretionary led the gainers, while energy was the standout decliner.President Donald Trump and Vice President JD Vance both virtually signed the agreement to end a US blockade of Iranian ports, reopen the Strait of Hormuz, and start 60 days of nuclear negotiations, CNN reported, citing a senior US official.No text of the memorandum of understanding between Washington and Tehran has been released yet, with Trump saying it will likely be publicly released after the signing ceremony, the news report said. Both sides have offered differing accounts on key issues, including Hormuz. Iran intends to collect certain "fees" in the critical waterway, while Trump said it would fully reopen on Friday without tolls, according to the news report.The ceasefire in Lebanon - one of Iran's preconditions for a negotiated settlement - has been observed in the memorandum of understanding, Al Jazeera reported, citing Iran's Foreign Ministry spokesman, Esmail Baghaei. Tel Aviv won't withdraw from land seized in Lebanon, where it is fighting the Iranian-backed Hezbollah militant group, the Associated Press cited Israel's defense minister as saying on Monday.Crude oil futures extended declines. Front-month global benchmark North Sea Brent fell 3.6% to $83.75 per barrel, and US West Texas Intermediate slid 3.4% to $81.48 per barrel.Most US Treasury yields fell, with the 10-year slipping a basis point to 4.48% and the two-year down by 1.5 basis points to 4.07%.In precious metals, gold futures jumped 2.4% to $4,341.52, while silver futures climbed 3.3% to $70.21.In economic news, US industrial production rose by 0.1% in May, compared with expectations for a larger 0.3% increase in a Bloomberg-compiled survey, and following an upwardly revised 0.9% increase in April.The National Association of Home Builders' monthly housing market index fell to 35 in June from a revised 37 in May, compared with expectations for a 37 print in a Bloomberg-compiled poll. The index was still above 32, as reported a year earlier.In company news, Fox (FOX, FOXA) agreed to acquire Roku (ROKU) in a cash-and-stock deal that values the TV streaming platform at about $22 billion, creating a media and technology entity with one of the largest streaming businesses in the US. Shares of Fox slumped 17%, the worst performer on the S&P 500 and the Nasdaq.Western Digital (WDC) shares jumped 16%, the top gainer on the S&P 500 and Nasdaq, after Morgan Stanley raised the company's price target to $650 from $488 while keeping its overweight rating, citing rising demand for Hard Disk Drives.

Biofuel Producers Increasing Output as EPA RFS Volumes Take Effect, CFAA Says

The Clean Fuels Alliance America said Monday that the Environmental Protection Agency's 2026-2027 Renewable Fuel Standard volumes rule reflects recent investments in US biomass-based diesel capacity and oilseed processing.Monday marks the effective date of the EPA's 2026-2027 RFS volumes. "EPA's rule fully accounts for the investments our industry made over the last several years to increase US biomass-based diesel capacity and oilseed processing," it said.In a letter addressed to President Donald Trump and the EPA on Monday, the group said there is "growing evidence" that US biodiesel and renewable diesel producers are increasing production.The letter cited an increase in domestic soy and canola processing and record use of soy oil and distillers' corn oil for biodiesel and renewable diesel production during the first months of 2026.Additionally, by April, biodiesel and renewable diesel producers had returned to capacity utilization rates comparable to their 2024 highs.The association said policy certainty has supported investment in domestic biofuel markets and added that further investment would be needed to sustain growth in biodiesel, renewable diesel and sustainable aviation fuel.

India Raises Export Taxes on Diesel, Jet Fuel Effective June 16

India will implement revised export duties on diesel and aviation turbine fuel from June 16, according to notifications issued by the Ministry of Finance on Monday.The ministry raised the export duty on diesel to 14 Indian rupees ($0.14) per liter and increased the levy on aviation turbine fuel to 12.5 Indian rupees per liter, according to the notifications.The government left the export duty on petrol unchanged, while the levy on diesel increased from 13.5 Indian rupees per liter and the duty on aviation turbine fuel rose from 9.5 Indian rupees per liter.Existing excise duty rates on petrol and diesel cleared for domestic consumption remain unchanged.