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Huron Consulting Acquires RelateCare for Undisclosed Sum

Huron Consulting Group (HURN) said Wednesday it has acquired RelateCare, which provides clinical and patient access services.Terms of the deal were not disclosed.RelateCare will be included in Huron's Healthcare operating segment within its consulting and managed services capability, the company said.Price: $103.65, Change: $-2.96, Percent Change: -2.78%

$HURN

Oil & Energy48d ago

US Oil Update: Oil Extends Rally to Third Session Amid US-Iran Impasse

Global crude oil prices advanced for a third consecutive session on Wednesday as energy markets continued to price in the growing risk premiums of an unresolved US-Iran diplomatic impasse.Front-month West Texas Intermediate crude futures advanced by 1.3% to $94.86 per barrel, while Brent futures rose 1.3% to $97.25/bbl.Market participants noted that renewed maritime and geopolitical friction in the Middle East has reinforced anxieties that global energy disruptions could persist into the medium term, especially as a lasting diplomatic resolution remains stubbornly elusive.Beneath the volatile, headline-driven pricing, the physical crude market continues to contract sharply.Commercial transit through the Strait of Hormuz remains heavily restricted, keeping a significant volume of Middle Eastern crude cut off from global supply networks and forcing international buyers to scramble for alternative barrels.Data released late Tuesday by the American Petroleum Institute showed that US crude oil inventories plummeted by a massive 6.75 million barrels for the week ended May 29.The energy market is now awaiting the US Energy Information Administration petroleum inventory report, scheduled for release later on Wednesday."While ongoing disruptions continue to support prices, any credible breakthrough and the return to normal export conditions from the Middle East could gradually drive crude prices to the downside," said Konstantinos Chrysikos, Head of Customer Relationship Management at Kudotrade.

International48d ago

May ISM US Services Index 54.5 Vs. Expected 53.8 Print, Prior 53.6

International48d ago

April Factory New Orders Excluding Transportation Rise 1.3% Vs. Expected 0.8% Increase, Prior 1.8% Increase

International48d ago

April Factory New Orders Rise 4.8% Vs. Expected 4.6% Increase, Prior 1.8% Gain

Wire48d ago

TAT Technologies Wins $45 Million Multiyear MRO Contracts

TAT Technologies (TATT) said Wednesday it was awarded multiyear maintenance, repair and overhaul contracts worth about $45 million with international commercial and cargo airline customers.The contracts have terms ranging from 5 to 10 years and cover auxiliary power unit and heat exchanger MRO services under OEM authorization, the company said.TAT Technologies said it expects the new agreements to improve revenue visibility and expand its aviation aftermarket presence.The company also said it expects a $4 million pre-tax gain in Q2 from the sale of a minority stake in an unconsolidated entity.Shares of the company were up 6% in Wednesday trading.Price: $42.79, Change: $+2.43, Percent Change: +6.02%

$TATT

Treasury48d ago

Canada's Vehicle Sales Continue to Decline in May, Says Scotiabank

Canadian vehicle sales posted a fourth consecutive monthly decline in May, according to Desrosiers, which put the numbers on its website late Tuesday, said Scotiabank.The decline of a little over 2% month-over-month seasonally adjusted was "modest," but the trend from peak sales in January appears to be a total decline approaching 15%, noted the bank.Admittedly, that's coming off a temporary peak and factors like harsher-than-usual winter and spring weather may have been among the factors that held sales back "somewhat," stated Scotiabank.

$CXY

Insider Trading48d ago

Nexxen International Insider Sold Shares Worth $291,290, According to a Recent SEC Filing

Niri Sagi, Chief Financial Officer, on June 01, 2026, sold 33,757 shares in Nexxen International (NEXN) for $291,290. Following the Form 4 filing with the SEC, Niri Sagi has control over a total of 533,823 common shares of the company, with 533,823 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1849396/000117891326003072/xslF345X05/ownership.xmlPrice: $8.39, Change: $-0.16, Percent Change: -1.87%

$NEXN

International48d ago

S&P Global May Final Services PMI Revised Down, Below April Index

The S&P Global US services index was revised downwards to 50.7 in May from the 50.9 flash reading, compared with expectations for an upward revision to 51.0 in a survey compiled by Bloomberg.The May index is below the 51.0 reading in April and in line with other regional services data that suggest mixed readings for the sector."While remaining above the crucial 50.0 no-change mark, the index signaled only a marginal expansion that was among the weakest seen over the past two-and-a-half years," S&P Global said in the report.At the same time, business confidence was the lowest since October 2022 due to "ongoing uncertainty regarding geopolitical instability and inflationary pressures."

Wire48d ago

Comcast NBCUniversal to Break Ground on First Euro Resort 'Soon' in UK

$CMCSA

Mining & Metals48d ago

Medicenna Therapeutics Provides MDNA11 Update

Medicenna Therapeutics (MDNA.TO) said Wednesday that its lead compound MDNA11 was featured in a poster presentation describing the investigator-sponsored NEO-CYT trial at the American Society of Clinical Oncology (ASCO), annual meeting in Chicago.While surgery has been the first course of action in treating locally advanced melanoma, a recent study has shown that administering combination immunotherapy, comprised of two pre-operative cycles of ipilimumab plus nivolumab, is much more effective than the previous post-surgery standard.However, 41% of patients did not achieve a major pathologic response (meaning "NEO-CYT provides an important opportunity to evaluate MDNA11, a potentially best-in-class IL-2 superagonist, in a frontline neoadjuvant setting where immune activation may be especially impactful," said Fahar Merchant, chief executive officer. " If the tumor is still present at the time of the treatment, the immune cells 'see' more of the cancer cells. This allows the most potent anti-tumor immune cells to expand and attack the tumor and can remain active in the body for many years, preventing the tumors from recurring."Merchant noted that the NEO-CYT trial complements Medicenna's ongoing ABILITY-1 study, which is also advancing MDNA11 into earlier lines of therapy through expansion cohorts in various cancers.The company will share updates on the ABILITY-1 trial and the NEO-CYT study in the second half of this year.Medicenna shares were last seen up $0.005, to $0.425, on the Toronto Stock Exchange.Price: $0.43, Change: $+0.01, Percent Change: +1.19%

$MDNA.TO

Mining & Metals48d ago

RBC Precious Metals Price Target Changes Brief: Kinross To US$40 From $45; FNV To US$295 From $320; TFPM To US$38 From $44; OR To US$50 From $56; WPM To US$165 From $200

$FNV.TO$K.TO$OR.TO$TFPM.TO$WPM.TO

Wire48d ago

Hinge Health Analysis Finds Musculoskeletal Program Saves Nearly $3,000 a Year for Each Member

Hinge Health (HNGE) said Wednesday that a medical claims analysis of its digital musculoskeletal program found an average cost savings of $2,941 per member per year, and a threefold return on investment for employers and health plans.As a result of the program, Hinge Health members had 69% fewer surgeries, 61% fewer injections, and 68% fewer imaging scans, it said.Chronic musculoskeletal pain is a leading cause of disability and healthcare costs in the US, according to Hinge.Price: $57.69, Change: $-0.75, Percent Change: -1.28%

$HNGE

Oil & Energy48d ago

EMEA Natural Gas Update: Futures Rally Over 2% as Tensions Cloud US-Iran Peace Talks

European natural gas futures rallied on Wednesday as tensions intensified in the Middle East, casting a cloud over peace negotiations between the US and Iran.The Dutch TTF front-month contract rose 2.27% to 48.690 euros ($56.50) per megawatt-hour, while the UK NBP front-month contract rose 2.45% to 117.60 British pence ($1.58) per therm.On Wednesday, US Centcom said on X that it had intercepted "multiple Iranian ballistic missiles and drones," aimed at Iran's neighbors. The US also conducted another round of self-defense strikes against Iran's Qeshm Island in retaliation over Iran reportedly firing missiles at Kuwait and Bahrain.Iranian drones and missiles struck a terminal in Kuwait's international airport, killing one person and wounding several others, according to Al Jazeera, marking a major escalation in the conflict.Iran's Revolutionary Guards warned that their barrage of strikes against neighbors "should serve as a lesson" for the US.Meanwhile, the strategically crucial Strait of Hormuz remained effectively shut for the 14th week running, with just 4 vessels transiting over the past 24 hours, according to the Hormuz Strait Monitor.Daniel Hynes, senior commodity strategist at ANZ, said this is set to put added pressure on European buyers, as they "struggle to refill storage facilities," as Asian imports rise.Hynes warned that Asia's supply constraints could worsen with Australian workers at the Ichthys LNG facility commencing strikes after talks stalled between the union and the company.European gas inventories stood at 40.76% of capacity, compared to 48.88% during the corresponding period a year ago, according to data from Gas Infrastructure Europe.Inventories were also significantly below the five-year average for this period, at 54.7%, according to the Swiss Federal Office of Energy.All of this comes during a heatwave across Europe, which has "obliterated historical temperature records," according to Severe-Weather EU, leading to increased air conditioning use and gas-fired power generation.

Mining & Metals48d ago

RBC Precious Metals Price Target Changes Brief: Lundin To C$98 From $113; PAAS To US$65 From $75; Agnico To US$230 From $280; Barrick To US$51 From $62

$ABX.TO$AEM.TO$LUN.TO$PAAS.TO

Research48d ago

Research Alert: Tho: Margin Disappointment Underpins Earnings Miss; Fy 26 Eps Guidance Cut

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Thor Industries (THO) posted Apr.-Q EPS of $1.86 vs. $2.53 prior year (-27%), well short of the $1.94 consensus. THO's net sales fell 3.9% to $2.78B ($130M ahead of consensus) but gross margin declined 250 bps to 12.8% (230 bps below consensus). Management commented that results reflected suppressed consumer sentiment and cautious dealer ordering patterns, while margin contraction reflected increased material costs and unfavorable product mix. THO maintained prior FY 26 (Jul.) net sales guidance of $9.0B-$9.5B (current consensus: $9.53B), but lowered EPS guidance to $3.30-$3.80 from $3.75-$4.25 previously (consensus: $4.07). Shares are down 8% in pre-market trading. THO said the guidance cut reflects the prolonged nature of current macroeconomic challenges. While we have been concerned about RV demand ever since the oil price spike began a few months ago, THO's top line results were actually a lot better than expected. Instead, margins are where it disappointed, causing the earnings miss and EPS guidance cut.

$THO

Wire48d ago

Alphabet Upsizes Equity Capital Raise to $84.75 Billion

Alphabet (GOOG, GOOGL) increased the size of its equity capital raise to $84.75 billion from the previously announced $80 billion, according to a regulatory filing on Tuesday.The offering includes a pledge by Berkshire Hathaway (BRK.A, BRK.B) to invest $10 billion in the tech giant in a private placement, the filing said.Price: $358.91, Change: $+0.51, Percent Change: +0.14%

$BRK.A$BRK.B$GOOG$GOOGL

Mining & Metals48d ago

Black & Veatch-Stantec JV Awarded Single Award Task Order Contract by U.S. Army Corps of Engineers

Stantec (STN.TO, STN) said Wednesday that the U.S. Army Corps of Engineers awarded the Black & Veatch-Stantec joint venture a single award task order contract to provide design and engineering support services for the Brandon Road Interbasin Project (BRIP), "a critical Great Lakes ecosystem protection effort."It is not clear if the $85 million value put on the contract is in CAD or USD.According to Wednesday's statement, the Brandon Road Lock and Dam has been identified as a critical pinch point where layered technologies could prevent the movement of invasive carp populations into the Great Lakes. The contract will provide professional services over an eight-year ordering period to modify the Brandon Road Lock and Dam between the Great Lakes and Mississippi River basins, it said.Black & Veatch and Stantec will lead the design of several site improvements, including a new engineered channel, larger underwater electric and acoustic deterrents, site work on the descending bank lines and new support facilities to house multi-deterrent systems. The BRIP aims to prevent large carp populations from establishing, support ongoing monitoring and management, and protect both ecological and economic resources.Stantec had turned positive on the TSX at last look, having been lower earlier.Price: $103.26, Change: $-0.19, Percent Change: -0.18%

$STN.TO

Equities48d ago

Gas Arabian Services Enters In-Plant Services Deal with Saudi Aramco

Gas Arabian Services Co. (SASE:4146) entered into a long-term agreement with oil giant Saudi Arabian Oil Co. (SASE:2222), d/b/a Saudi Aramco, for its in-plant services.The multi-industry engineering services company will provide its mechanical, piping, instrumentation, communication, painting, and civil and structural services, according to a Wednesday release.The six-year contract can be extended for two additional periods of three years each.

SASE:2222SASE:4146

International48d ago

May S&P Global US Final Services PMI 50.7 Vs. Expected 51.0, Flash 50.9, April 51.0

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Oil & Energy48d ago