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Univest Financial Insider Sold Shares Worth $570,014, According to a Recent SEC Filing

Jeffrey M Schweitzer, Director, Chairman, President & CEO, on June 08, 2026, sold 13,933 shares in Univest Financial (UVSP) for $570,014. Following the Form 4 filing with the SEC, Schweitzer has control over a total of 110,614 common shares of the company, with 110,513 shares held directly and 101 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/102212/000141519926000006/xslF345X05/wk-form4_1781031108.xmlPrice: $41.42, Change: $+0.49, Percent Change: +1.20%

$UVSP

Treasury45d ago

US Treasury Closing Levels

3:00 Tuesday vs 3:00 Monday2yr 99-24 vs 99-22; 4.120% vs 4.156%5yr 99-13 vs 99-10; 4.251% vs 4.281%10yr 98-25 vs 98-23; 4.524% vs 4.550%30yr 99-26+ vs 100-00; 5.009% vs 5.024%2/10 40.005 bps vs 39.254 bps5/30 75.567 bps vs 74.195 bps

Commodities45d ago

Germany Faces $1.2 Billion Power-Subsidy Bill as EU Eases Rules

Germany is bracing for an additional 1 billion euros ($1.2 billion) in budget pressure after the European Commission granted a surprise expansion of relief measures aimed at curbing industrial electricity costs, Handelsblatt reported on Tuesday, citing Economy Minister Katherina Reiche.Reiche said the Commission has agreed that, in 2026, a planned state-subsidized industrial electricity price can be combined with existing electricity price compensation, allowing both support mechanisms to operate in parallel.The industrial power price scheme is a new subsidy tool, while the compensation framework has long helped energy-intensive companies offset costs linked to carbon pricing.Reiche said Brussels accepted Germany's argument that the measure was necessary due to "exceptionally high" energy prices, which have surged since the outbreak of the Middle East conflict, further pressuring the country's manufacturing base.The European Commission did not immediately respond to' request for a comment on this story.The added fiscal burden comes as German Finance Minister Lars Klingbeil prepares the 2027 draft budget, which is expected to be approved by the cabinet in early July but still faces funding gaps.

Wire45d ago

Toll Brothers Shares Rise After Keefe Bruyette & Woods Upgrade

Toll Brothers (TOL) shares were up 5.3% in Tuesday trading after Keefe Bruyette & Woods upgraded the stock to outperform from market perform and raised its price target to $161 from $158.Intraday trading volume stood at about 900,000 shares against a daily average of roughly 1.2 million shares.Price: $144.24, Change: $+7.08, Percent Change: +5.16%

$TOL

Wire45d ago

PTC Therapeutics Shares Rise After Upgrade From Citigroup

PTC Therapeutics (PTCT) shares were up about 3.5% in Tuesday trading after Citigroup upgraded the company's stock to buy and raised its price target to $108.Trading volume stood at nearly 1.1 million shares compared with a daily average of roughly 1.2 million.Price: $73.44, Change: $+2.57, Percent Change: +3.63%

$PTCT

Wire45d ago

TJX Keeps Quarterly Dividend at $0.48 a Share, Payable Sept. 3 to Holders of Record Aug. 13

$TJX

Wire45d ago

PAR Technology Shares Rise After JPMorgan Upgrade

PAR Technology (PAR) shares were up over 2% in Tuesday trading after JPMorgan upgraded the stock to neutral from underweight and boosted its price target to $16 from $12.Trading volume stood at more than 798,000 shares, compared with a daily average of nearly 1.9 million.Price: $13.59, Change: $+0.31, Percent Change: +2.30%

$PAR

Wire45d ago

Update: Satellogic Shares Fall After Announcing Finance Chief Rick Dunn's Resignation

(Updates with latest stock movement in the headline and lede.)Satellogic (SATL) shares fell 9% in Tuesday afternoon trading after the company said Rick Dunn will step down as the company's chief financial officer.The company said it has begun a search for Dunn's successor, who will continue to serve in his current capacity during the transition period.Price: $6.36, Change: $-0.64, Percent Change: -9.08%

$SATL

International45d ago

May US Overall Consumer Prices Expected to Rise by 0.5%, Core Prices Up 0.3%.

The US Consumer Price Index is expected to rise by 0.5% in May after a 0.6% gain in April, according to a survey compiled by Bloomberg.The year-over-year rate is forecast to rise to 4.2% from 3.8% as a result.The CPI data are scheduled to be released at 8:30 am ET Wednesday.The same survey looks for a 0.3% increase in core CPI, excluding the volatile food and energy components after 0.4% increase. The year-over-year rate is expected to accelerate to 2.9% from 2.8%.Prices in the owners' equivalent rents and regular rents categories are forecast to continue to advance after the growth pace of both accelerated in April. Those two categories combine for nearly one-third of overall CPI and are a key focus for the Federal Reserve.New vehicle prices and used vehicle prices are expected to rebound modestly after weakness in the previous two months.The Federal Reserve's preferred inflation measures for May, the overall and core PCE price readings, are due to be released on June 25.

International45d ago

Daily Roundup of Key US Economic Data for June 9

Home resales rose by 3.2% to a 4.17 million seasonally adjusted annual rate in May from an upwardly revised 4.04 million rate in April.Sales were also up 3.2% from May 2025 and were the fastest since December 2025.Three of the four US regions posted month-over-month sales gains in May. There were higher sales in three of the four regions compared with a year earlier."More Americans are on the move, with home sales rising to the highest level since December," said NAR Chief Economist Lawrence Yun. "This is great news for the housing market and the economy. Improving affordability is helping drive this momentum."Homes were on the market for 29 days on average, down from 32 days in the previous month but up from 27 days a year ago.The supply of homes for sale rose to a 1.55 million level from 1.50 million in April and was up 0.6% from a year ago. The median sales price rose by 1.3% from a year earlier to its highest level for a May reading on record.The National Federation of Independent Business' monthly sentiment index fell to 95.3 in May from 95.9 in April and 98.8 a year ago, with declines in six of the 10 components, particularly measures of current employment and future hiring plans.NFIB also noted rising prices that are impacting smaller firms more than bigger firms.The international trade deficit narrowed to $55.9 billion in April from $56.6 billion in March as exports rose faster than imports.April wholesale inventories were revised higher to a 0.6% increase from a 0.5% gain in the advance reading, while wholesale sales rose by 2%, more than expected.Combined with already released data for the retail and factory levels of distribution, business inventories are on track for a 0.5% gain while business sales are tracking up 1.2%. Both will be released on June 17, when updated retail inventory and sales estimates will be released.Redbook reported that US same-store retail sales were up 9.1% year-over-year in the week ended June 6, faster than a 9.0% gain in the prior week as retailers reported a shift away from seasonal items.The Q2 GDP nowcast estimate from the Atlanta Fed is for a 3.3% gain, up from the previous estimate of a 3.0% gain.

Wire45d ago

Update: Market Chatter: Ashland Urged by Activist Ancora to Pursue Sale

(Update with Ancora's response to a request for comment in the final paragraph.)Ashland (ASH) was urged by activist Ancora Alternatives, which has built a significant stake in the company, to sell itself, as a deal could boost its share price by at least 30%, Reuters reported Tuesday, citing a presentation it reviewed.The hedge fund said it is prepared to launch a proxy fight at Ashland if no tangible progress is made toward reaching a deal by the time the window to nominate board members opens in September, the report said.Ancora confirmed the Reuters report, adding it had no further comment, while Ashland didn't immediately reply to a request for comment from.(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.)Price: $61.83, Change: $+4.37, Percent Change: +7.61%

$ASH

Wire45d ago

EHang Shares Drop After Wider Adjusted Loss, Lower Revenue Posted in Q1

EHang (EH) shares were down over 21% in afternoon trading on Tuesday after the company posted a wider net loss and lower revenue for Q1.The company reported a Q1 adjusted net loss of 1 renminbi (about $0.15) per diluted American depositary share, wider than a loss of 0.42 renminbi a year earlier.Revenue for the quarter ended March 31 was 25.7 million renminbi, down from 26.1 million renminbi a year earlier.Three analysts surveyed by FactSet expected 61.2 million renminbi.For 2026, EHang said it maintained its revenue guidance at 600 million renminbi. Analysts expect revenue of 587.5 million renminbi.Price: $6.86, Change: $-1.86, Percent Change: -21.30%

$EH

Oil & Energy45d ago

EIA Lowers 2026 Oil Demand Forecast as Strait of Hormuz Disruptions Persist

The US Energy Information Administration lowered its 2026 global oil demand forecast, saying weaker consumption could help contain crude price increases stemming from disruptions in the Strait of Hormuz, in its monthly Short-Term Energy Outlook for June released Tuesday.The report reflects data and analysis completed as of June 4.The agency said high fuel prices, tighter fuel availability and government policies are reducing oil use this year, particularly in Asia, leaving global consumption about 1 million barrels per day below last year's level."Any scenario involving full restoration of inventories, production, and trade flows to pre-conflict levels must account for the partial restructuring of the global oil market that has already occurred," EIA Administrator Tristan Abbey said.The agency expects the Strait of Hormuz to remain effectively closed in the near term, with disruptions to oil production and shipments continuing across the Middle East.Middle Eastern producers have reduced output by over 11 million b/d, contributing to global inventory draws averaging 6.3 million b/d in Q2 2026 and 7.6 million b/d in Q3.EIA estimated crude production shut-ins from Hormuz-related disruptions at 11.3 million b/d in May, up from 10.5 million b/d in April.Saudi Arabia had the largest share at 3.29 million b/d in May, up from 3.20 million b/d the previous month. Iraq followed with 3.19 million b/d, up from 3.13 million b/d, while Kuwait came third at almost 2 million b/d.The EIA said oil inventories in countries belonging to the Organization for Economic Co-operation and Development have dropped to their lowest level since 2003, while global oil demand will fall by 1.1 million b/d in 2026 before rebounding by 2.5 million b/d in 2027.Reports of a US-Iran agreement and softer oil demand pushed crude prices lower in May, but the EIA expects Brent crude spot prices to average $105 per barrel in June and July as limited shipments continue to tighten supplies.The agency forecasts Brent crude spot prices will average $95/bbl in 2026 and $79/bbl in 2027 as oil production increases and supply flows gradually normalize across the Middle East.Meanwhile, WTI spot prices are projected at $88.32/bbl in 2026 and $74.39/bbl in 2027.US crude oil production is projected to average 13.7 million b/d in 2026 and 14.2 million b/d in 2027.Demand for US crude oil and petroleum products increased as disruptions in the Strait of Hormuz restricted competing supplies, lifting net exports to a record 5.8 million b/d in April, with diesel and jet fuel driving much of the increase, while May remained near that level.The EIA expects US crude oil and petroleum product net exports to average 4.2 million b/d this year, up 1.4 million b/d from 2025.Additionally, EIA lowered its annual US commercial crude inventory forecast for 2026 by 2.8% to 419 million barrels, and for 2027 by 2.6% to 422 million barrels.Strategic Petroleum Reserve inventories are expected to hit 236.3 million barrels by the end of 2026, down from 413.5 million barrels at the end of 2025, before partially recovering to 339.5 million barrels by year-end 2027.

Wire45d ago

Update: IDEAYA Shares Fall After Pricing $300 Million Offering

(Updates with the latest stock price movement in the headline and the first paragraph.)IDEAYA Biosciences (IDYA) shares were down about 8% in Tuesday trading, a day after the company priced an underwritten public offering of securities to raise about $300 million.Late Monday, the firm said it is selling about 5.6 million shares at $27 each. It is also offering pre-funded warrants to buy around 5.6 million shares.IDEAYA said it has granted its underwriters a 30-day option to purchase up to about 1.7 million additional shares. The offering is expected to close on Wednesday.Price: $28.94, Change: $-2.54, Percent Change: -8.07%

$IDYA

Insider Trading45d ago

Resmed Insider Sold Shares Worth $968,064, According to a Recent SEC Filing

Michael J. Farrell, Director, Chairman and CEO, on June 08, 2026, sold 4,991 shares in Resmed (RMD) for $968,064. Following the Form 4 filing with the SEC, Farrell has control over a total of 468,346 common shares of the company, with 466,256 shares held directly and 2,090 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/943819/000094381926000035/xslF345X05/form4.xmlPrice: $196.82, Change: $+3.68, Percent Change: +1.91%

$RMD

Insider Trading45d ago

Credicorp Insider Sold Shares Worth $1,116,500, According to a Recent SEC Filing

Diego Antonio Cavero, CEO, Head Universal Banking, on June 05, 2026, sold 3,500 shares in Credicorp (BAP) for $1,116,500. Following the Form 4 filing with the SEC, Cavero has control over a total of 7,307 common shares of the company, with 7,307 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1001290/000212654026000002/xslF345X05/primary_doc.xmlPrice: $352.67, Change: $+32.78, Percent Change: +10.25%

$BAP

Sectors45d ago

Update: WTI Oil Falls on Calming Middle East Tensions

West Texas Intermediate (WTI) crude oil fell 3.4% on Tuesday on calming tensions in the Middle East as Iran and Israel ended their missile attacks and U.S. President Trump said negotiations to end the war on Iran and reopen the Strait of Hormuz are in their "final throes".WTI crude oil for July delivery closed down US$3.10 to settle at US$88.20 per barrel, while August Brent oil was last seen down US$2.82 to US$91.43.Iran on the weekend launched missile strikes on Israel to force an end to Israel's occupation of southern Lebanon and Israel responded with strikes on Iran. The pair on Monday agreed to end hostilities, though Israel continues its war on the Iran-backed Hezbollah militant group, on Tuesday warning ordering residents of the city of Tyre to evacuate ahead of planned attacks on the city.The tenuous ceasefire between U.S. forces and Iran remains in place, with little word on the state of negotiations between the two, with Iran saying it will refuse talks until Israel withdraws from Lebanon. However the New York Times reported Trump told Israel Prime Minister Benjamin Netanyahu the U.S. is near a long-term deal to check Iran's nuclear program."Oil gave back most of Monday's gains after Israel and Iran halted hostilities that had threatened to derail already fragile efforts to secure a broader peace agreement in the Middle East. US President Donald Trump, meanwhile, maintained his typically optimistic tone, saying negotiations are in the "final throes" of what he expects will be a successful deal," Saxo Bank wrote.The war is now in its fourth month, keeping the Strait of Hormuz blocked, shutting in much of the 20% of daily oil demand supplied by Persian Gulf nations. The largest-ever energy supply shock has kept oil prices high, with little expectations they will fall in the near term even if the Strait reopens, with Gulf producers needing to repair infrastructure damaged in the war and restart shut-in oilfields."With the Strait of Hormuz remaining effectively closed in the near term, disruptions to global oil production and shipments continue. Middle Eastern oil producers have cut output by over 11 million barrels per day (b/d), leading to large global inventory draws that average 6.3 million b/d in 2Q26 and 7.6 million b/d in 3Q26. As a result, oil inventories in OECD countries are the lowest since 2003. Global oil demand in 2026 falls by 1.1 million b/d compared with last year but is expected to increase by 2.5 million b/d in 2027, as oil prices decline and oil production in the Middle East gradually rises," the Energy Information Administration said in its monthly Short-Term Energy Outlook

$CLN6$LCOQ6$USO

Wire45d ago

Update: Market Chatter: Payoneer Global in Talks to Be Acquired by Nuvei for About $2.7 Billion

(Update with Payoneer's response to a request for comment in the final paragraph.)Payoneer Global (PAYO) is in advanced talks to be acquired by Canadian payments firm Nuvei for about $2.7 billion, including Payoneer's cash, which implies an enterprise value of about $2.3 billion, Reuters reported Tuesday, citing two people familiar with the matter.Nuvei could sign a deal to acquire Payoneer in the coming days, the report said, citing the people.Payoneer declined to comment to, while Nuvei didn't immediately reply to a request for comment.(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.)Price: $6.51, Change: $+1.37, Percent Change: +26.69%

$PAYO

Wire45d ago

Argus Raises Apple Price Target to $375 From $325

Apple (AAPL) has an average rating of overweight and mean price target of $317.20, 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)Price: $291.52, Change: $-10.02, Percent Change: -3.32%

$AAPL

Oil & Energy45d ago

US Oil Update: Crude Falls as Markets Weigh Peace Prospects Against Iran Strike Risk

Crude oil futures retreated in midday trading on Tuesday as markets balanced President Trump's remarks that a US-Iran peace deal could be reached within days, against his warning of a US response after Iran shot down a US military helicopter in the Strait of Hormuz.Front-month West Texas Intermediate crude futures dropped by 4.24% to $87.51 per barrel, while Brent futures shed 3.34% to $91.09/bbl.Saxo Bank strategists said crude gave back most of Monday's gains after Israel and Iran halted hostilities that had threatened to derail already fragile efforts to secure a broader peace deal in the Middle East.President Trump said on Tuesday that a potential peace deal to end the Middle East conflict could come within one or two days as negotiations continue.However, fears of renewed tensions lingered later in the day after Trump said in a social media post on Tuesday that the US would respond after Iran shot down a US Apache helicopter patrolling the Strait of Hormuz overnight.Trump said both pilots were safe and uninjured, but added that the US would "must, of necessity, respond to this attack."Meanwhile, Iranian and Israeli officials said Monday that the two sides had halted attacks on each other after an appeal from Trump that they immediately stop shooting, according to media reports.Iran's central military command, Khatam al-Anbiya, said on Monday that Tehran had ceased strikes against Israel, but warned it would resume hostilities if Jerusalem continued attacks on Lebanon.Prime Minister Benjamin Netanyahu also said Israel has halted strikes for now, but said its fight against Iran and Hezbollah is not over.Fueling bearish sentiment, US Energy Secretary Chris Wright said commercial vessel traffic and oil exports via the Strait of Hormuz are rising, even as the US and Iran struggle to reach a deal to end their more than three-month-old war, according to media reports.Soojin Kim, a research analyst at MUFG, said that although the de-escalation improved market sentiment, the Strait of Hormuz remains effectively closed, continuing to disrupt global flows of crude, fuels, and natural gas.On the demand front, China's overseas oil purchases fell to about 7.8 million barrels per day in May, the lowest in more than 8 years, according to government customs data.Saxo Bank analysts said China's crude oil imports fell to an eight-year low last month at 33.1 million tons, or 7.8 million b/d, as refiners increasingly drew on accumulated inventories rather than sourcing additional barrels from abroad.Global oil demand is now expected to fall by 1.1 million b/d in 2026, compared with 2025 levels of 104.0 million b/d, according to the US Energy Information Administration Short-Term Energy Outlook.The downward revision in the EIA's May forecast follows a 200,000 b/d increase forecast in 2026, and an even steeper shift from February's estimate of a 1.2 million b/d gain.The EIA said it projected demand would recover in 2027 as supply flows normalize, with global consumption forecast to rise by 2.5 million b/d to 105.3 million b/d.

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Oil & Energy45d ago