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Innovative Medical Management Gets Warning Over Disclosure Breach

Innovative Medical Management (SHE:002173) received a warning from the China Securities Regulatory Commission due to a disclosure breach, according to a Shenzhen bourse filing on Friday.The regulator found in a probe that the company did not disclose in a timely manner a framework agreement involving major changes in the company's equity in 2015.The health care services company's shares slumped 10% at the close.

SHE:002173

US Markets49d ago

ECB June Rate Hike Expectations Build as Spanish Inflation Holds Firm, French Prices Climb in May

Steady inflation in Spain and rising prices in France for May are supporting calls for the European Central Bank to lift interest rates at its upcoming June meeting.In Spain, preliminary data showed consumer prices rose 3.2% year over year in May, matching the previous month's reading and against the consensus estimate from Investing.com of 3.3%. Meanwhile, the nation's annual core inflation rate increased to 2.9% from 2.8%.The index faced upward pressure from the transport, recreation, sporting and culture sectors, where price drops were softer than in May 2025. On the other hand, clothing and footwear pulled prices lower, while food and non-alcoholic beverages also provided downward relief, with prices remaining stable against the previous year's increases.Concurrently, France's flash annual inflation rate for May 2026 accelerated to 2.4% from the previous month's 2.2%. While the print came in slightly below the expected 2.5%, inflation increased for the fourth straight month and reached its highest level since February 2024.The increase was primarily fueled by rising energy costs, with gas prices surging amid the ongoing war in the Middle East.ECB Executive Board member Isabel Schnabel said in an interview with Reuters published on Tuesday that the central bank will likely need to raise interest rates during its next Governing Council meeting starting June 10 to combat a "much more persistent" inflation shock that is "working its way through the economy."As headline inflation in the euro area hit 3% and is expected to climb toward 4% by year-end, Schnabel warned that "looking through is no longer an option." However, she maintained that the ECB avoids pre-committing to a post-June trajectory, remaining "strictly data dependent."Following the release of the ECB's April meeting minutes on Thursday, ING highlighted Schnabel's comments as confirmation that a June rate hike is "almost a done deal." ING's global head of macro Carsten Brzeski said a 25-basis-point "insurance rate hike" poses less risk to economic growth than the loss of credibility the ECB would face by "falling behind the curve.""What's even more interesting is what will happen beyond the June meeting. As long as fiscal stimulus remains muted, the risk of an outright inflationary spiral remains small, making an aggressive monetary policy reaction to the current energy price shock unlikely," Brzeski added.

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Asia49d ago

Shree Digvijay Cement Appoints CEO

Shree Digvijay Cement Company (NSE:SHREDIGCEM, BOM:502180) has appointed Amit Arora as chief executive officer and managing director of the company with effect from Aug. 24, according to a Friday filing to the Indian stock exchanges.Arora is currently serving as the plant head at Vicat Group's Kalaburgi Cement.

BOM:502180NSE:SHREDIGCEM

Asia49d ago

Mitsubishi Paper Mills Declares Unchanged Final Dividend

Mitsubishi Paper Mills (TYO:3864) declared a year-end dividend of 15 yen per share for the fiscal year ended March 31, matching earlier forecasts and the same amount paid a year ago.The total dividend payment amounts to 669 million yen, payable from retained earnings on June 8, according to a Tokyo bourse filing on Friday.For the fiscal year ending March 2027, Mitsubishi Paper Mills forecasts a total dividend of 15 yen per share, consisting of interim and year-end dividends of 7.50 yen each.

TYO:3864

Asia49d ago

Huijin's Unit Seeks 11 Million Yuan From New Century Over Sales Contract Dispute

Hebei Huijin Group's (SHE:300368) unit, Beijing Zhongke Tuoda Technology, sued New Century Technology over a sales contract dispute, according to a Thursday disclosure on the Shenzhen bourse.Huijin's shares dropped by around 5% at the close of Friday's trade.The Chinese banking and financial equipment supplier is seeking 11.2 million yuan for unpaid dues over a contract signed in 2021.In the suit, Zhongke Tuoda said the contract involved the provision of Huawei products to New Century.

SHE:300368

International49d ago

Italian Flash Annual Inflation Rate Climbs to 3.2% in May

Italy's annual inflation rate increased to 3.2% in May from 2.7% in April, provisional data from statistics agency Istat showed Friday.The consensus estimate for the month was 3.2%.On a monthly basis, consumer prices rose 0.4%, compared with the market forecast of a 0.1% increase and the prior 1.1% gain.The Italian harmonized inflation rate stood at 3.3% on an annual basis, against the previous reading of 2.8% and the expected 3.2%. Month over month, harmonized consumer prices were 0.4% higher, against the prior 1.6% rise and the forecast of 0.3%.

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Research49d ago

Bernstein Downgrades Rollins to Market Perform From Outperform, Adjusts PT to $52 From $70

Rollins (ROL) has an average rating of overweight and mean price target of $63.80, 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)

$ROL

Oil & Energy49d ago

EMEA Natural Gas Update: Prices Rise after Vance Signals US-Iran Peace Deal May Take Longer to Finalize

European natural gas futures were up on Friday, after US Vice President JD Vance hinted that the peace deal between the US and Iran could take a while longer to materialize.The Dutch TTF front-month contract was up 1.42% at 47.640 euros ($55.42) per megawatt hour, while the UK NBP front-month contract rose 1.54% to 115.180 pence ($1.54) per therm.According to multiple reports, both the US and Iran have agreed on a 60-day ceasefire extension, pending the approval of US President Donald Trump. However, comments by Vance, saying that a deal was "close" but "not there yet," kept energy prices from a steep slide.Vance further told reporters on Thursday that it was too early to say "when or if" the two warring sides would finalize an agreement, adding to the uncertainties.Meanwhile, the strategically crucial Strait of Hormuz remained effectively closed for the 13th week running, with just five vessels transiting over the past 24 hours, according to the Hormuz Strait Monitor.Daniel Hynes, a senior commodity strategist at ANZ, noted that the Strait's closure was now building to a point where "European buyers will be in a fight for any available LNG."This comes as European gas inventories remain depleted at just 39.13% of capacity, compared to 46.88% during the corresponding period a year ago, according to Gas Infrastructure Europe.Inventories were also considerably lower than the five-year average for this period, at 52.8%, according to the Swiss Federal Office of Energy.In a meeting of the European Commission's Gas Coordination Group on Tuesday, member states assured that the region's gas inventories could touch 80% of capacity by the end of the Summer, while still noting the importance of regular storage assessments.Uniper, a German utility, has, however, pushed back against this claim, while sounding the alarm on storage inventories being refilled very slowly, with the company's CEO, Michael Lewis warning that it will face supply issues in winter, if the inventories are not filled quickly.

Research49d ago

Piper Sandler Downgrades Equity Residential to Neutral From Overweight, Adjusts PT to $72 From $78

Equity Residential (EQR) has an average rating of overweight and mean price target of $69.94, 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)

$EQR

Research49d ago

UBS Downgrades Best Buy to Neutral From Buy, Adjusts Price Target to $86 From $85

Best Buy (BBY) has an average rating of hold and mean price target of $74.78, 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)

$BBY

Research49d ago

Deutsche Bank Downgrades Regency Centers to Hold From Buy, Adjusts PT to $85 From $83

Regency Centers (REG) has an average rating of overweight and mean price target of $84.47, 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)

$REG

Research49d ago

Jefferies Downgrades EPAM Systems to Hold From Buy, Adjusts Price Target to $110 From $130

EPAM Systems (EPAM) has an average rating of overweight and mean price target of $147.38, 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)

$EPAM

Research49d ago

UBS Upgrades American Water Works to Buy From Neutral, Adjusts Price Target to $140 From $137

American Water Works (AWK) has an average rating of hold and mean price target of $136.10, 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)

$AWK

Insider Trading49d ago

United Airlines Holdings Insider Sold Shares Worth $4,217,072, According to a Recent SEC Filing

Kate Gebo, Executive Vice President of Human Resources and Labor Relations, on May 26, 2026, sold 40,000 shares in United Airlines Holdings (UAL) for $4,217,072. Following the Form 4 filing with the SEC, Gebo has control over a total of 128,100 common shares of the company, with 64,050 shares held directly and 64,050 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/100517/000010051726000117/xslF345X05/wk-form4_1780006421.xml

$UAL

Research49d ago

Deutsche Bank Upgrades Federal Realty Investment Trust to Buy From Hold, Adjusts PT to $135 From $110

Federal Realty Investment Trust (FRT) has an average rating of overweight and mean price target of $124.38, 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)

$FRT

Insider Trading49d ago

Infleqtion Insider Sold Shares Worth $1,583,000, According to a Recent SEC Filing

Paul Lipman, Chief Revenue Officer, on May 26, 2026, sold 100,000 shares in Infleqtion (INFQ) for $1,583,000. Following the Form 4 filing with the SEC, Lipman has control over a total of 20,000 common shares of the company, with 20,000 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/2007825/000210852426000008/xslF345X05/form4-05282026_100538.xml

$INFQ

Asia49d ago

Wondux Environmental Protection Technology Signs 302.5 Million Yuan Industrial Wastewater Contract

Nanjing Wondux Environmental Protection Technology (SHA:688178) signed a 302.5 million yuan contract for the Guxian County Economic Development Zone industrial wastewater resource utilization project.The contract comprises 174.0 million yuan in construction, 3.8 million yuan in design and 124.6 million yuan in operation fees, according to a Friday filing with the Shanghai bourse.The project will build a 3,600 cubic meters per day high-salinity wastewater treatment facility that will include various workshops and pools.Construction will take 180 days, followed by a three-year operation period.Shares of the waste management services company closed 5% higher Friday.

SHA:688178

International49d ago

Japan's Consumer Confidence Edges Up in May

Japan's consumer confidence index rose to 33.6 in May from 32.2 in the previous month, Cabinet Office data showed Friday.The overall livelihood index climbed 3 points month on month to 31.2, while the income growth index edged up 0.5 points to 40.3.The employment index increased 0.9 points to 38.3, while willingness to buy durable goods rose 1.2 points to 24.4.Looking ahead, 93.5% of respondents expect prices to go up, while 1.9% anticipate a decline and 2.6% expect prices to stay the same, the report said.

Nikkei 225

Asia49d ago

Rushil Décor's Profit Drops in Fiscal Q4

Rushil Décor's (NSE:RUSHIL, BOM:533470) attributable profit declined to 101.2 million Indian rupees in the fiscal fourth quarter ended March 31 from 127.4 million rupees a year ago.Earnings per share fell to 0.34 rupees from 0.42 rupees, the laminate and panel boards manufacturer said in a filing to the Indian stock exchanges on Friday.Revenue from operations in fiscal Q4 remained flat year-on-year at 2.31 billion rupees.The company's board recommended payment of a final dividend of 0.05 rupees per equity share of face value of 1 rupee each for the fiscal year ended March 31.The company's shares were down nearly 2% in recent trade.

BOM:533470NSE:RUSHIL

Oil & Energy49d ago

Japan's April Oil Imports Plummet YOY As Iran War Disrupts Supply

Japan's imports of crude oil plummeted to 4.07 billion liters in April down from 11.87 billion liters in the same month of 2025, data from the Ministry of Economy, Trade and Industry showed.Underscoring Asia's reliance on Middle Eastern supplies, nearly 94% of Japan's imports of crude in April 2025 were from the Middle East at 11.13 billion liters. In April this year, Middle East crude receipts plunged to 3.56 billion liters.Of Japan's two biggest Middle Eastern supplies, receipts from Saudi Arabia more than halved year over year, while imports from the UAE fell by more than two-thirds, the data showed.Imports from the US, while small, fell to 314.2 million liters in April, from 466.5 million liters in April 2025, and smaller quantities from South America also fell.

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US Markets49d ago

ECB June Rate Hike Expectations Build as Spanish Inflation Holds Firm, French Prices Climb in May

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