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Royal Philips, Disney Bring Animated Themes to MRI Systems for Children

Royal Philips (PHG) and Walt Disney (DIS) said Thursday said Thursday they are integrating Disney animated characters and stories into Philips Ambient Experience for MRI systems at medical facilities in 87 countries to help ease anxiety among children undergoing imaging procedures.The immersive MRI environment is designed to make scans more comforting and engaging for pediatric patients, potentially helping more children complete exams successfully, the companies said.Early adopters include pilot hospitals across Europe, as well as Rady Children's Health in Orange County, California, and Calderdale Royal Hospital in the UK, which the companies said have reported positive feedback from patients and staff.Price: $26.13, Change: $-0.47, Percent Change: -1.77%

$DIS$PHG

Mining & Metals49d ago

Novo Resources Completes Second Tranche of Placement

Novo Resources (NVO.TO) has completed the second tranche of its previously announced placement to raise $1.93 million in proceeds.Under the second tranche, the company issued 8.0 million units at C$0.10 per unit to investors in Canada. Each unit comprised one share and one-half of a warrant.The offering also included 10.9 million chess depository interests (CDI) at A$0.105 apiece to investors outside of Canada, together with the right to receive one option to purchase one CDI for every two CDIs subscribed for under the placement.Each option entitles the holder to purchase one CDI at a price of A$0.15 for three years. One common share underlies each CDI.Northern Star Resources participated in the tranche two placement to remain as Novo's largest shareholder with a 9.87% stake.The first tranche completed in March comprised 8.4 million units at C$0.10 each to investors in Canada and 50.6 million CDIs at A$0.105 per CDI to investors outside of Canada.

$NVO.TO

Wire49d ago

Super Micro Computer Says Collaborating With Taiwan to Avoid Diversion of Servers Into China

Super Micro Computer (SMCI) said Thursday it is collaborating with Taiwanese authorities to prevent illicit diversion of its servers into the restricted Chinese market.The company said its collaboration with the authorities led to the arrest of three suspects and the seizure of 50 servers that had been deceptively bought after they were sold by Supermicro to an authorized reseller.The case "highlights the challenges that can arise when products are resold through multiple downstream parties beyond direct manufacturer control," the company said.Price: $37.98, Change: $-0.21, Percent Change: -0.55%

$SMCI

US Markets49d ago

Caesars Entertainment to be Taken Private by Fertitta Entertainment in $17.6 Billion Deal

Caesars Entertainment (CZR) has agreed to be acquired and taken private by Fertitta Entertainment in an all-cash deal worth roughly $17.6 billion, the companies said in separate statements Thursday.Shareholders of casino operator Caesars will receive $31 per share for each share owned. The consideration represents a premium of 49% to the company's stock price on Feb. 25, the last trading day before speculation of a potential transaction began, according to the companies.The $17.6 billion valuation includes $11.9 billion of Caesars' debt.Tilman Fertitta's Fertitta Entertainment owns restaurant giant Landry's, Golden Nugget Hotel and Casinos, and the basketball team Houston Rockets. Fertitta Entertainment approached Caesars in 2018 regarding a merger with its gaming empire, media reports show.Tilman Fertitta, who donated to US President Donald Trump's 2024 election campaign, serves as the US ambassador to Italy, Reuters reported.Caesars' stock was up 1.6% in Thursday trade, and has gained 25% year-to-date.The combination will allow guests access to a diversified array of offerings, including 60 domestic casino resorts and gaming facilities, the companies said.The deal requires approval from Caesars' shareholders and clearance from regulators. The Carano family, which owns about 5% of Caesars' stock, has agreed to roll a portion of their equity interests into Fertitta Entertainment.Following completion, Caesars will no longer trade on the Nasdaq, the companies said. Its senior management officials, including Chief Executive Tom Reeg, are expected to remain in their current roles.The transaction allows Caesars to consider alternative acquisition proposals by July 11, according to the companies.In April, Caesars reported a first-quarter net loss of $0.48 per share, narrowing from a $0.54 loss the year before. Revenue improved 2.7% annually to $2.87 billion.

$CZR

Wire49d ago

Alphabet's Google Cloud, Workday Bring AI Agents for HR, Finance Into Employee Workflows

Alphabet's (GOOG, GOOGL) Google Cloud and Workday (WDAY) have expanded their partnership to bring artificial intelligence agents for HR and finance into employees' workflows, the two companies said Thursday.The new collaboration integrates the Sana Self-Service Agent from Workday directly into Gemini Enterprise, with Gemini becoming the default AI model inside Sana for Workday, according to a statement.The integration allows employees to use AI agents for HR and finance work without the data leaving Workday's secure environment, the statement said.Sana Self-Service Agent in Gemini Enterprise is currently available in early access for eligible customers, the companies said.Price: $382.92, Change: $-1.91, Percent Change: -0.50%

$GOOG$GOOGL$WDAY

Wire49d ago

Illumina Launches Whole Genome Cancer Research Workflow

Illumina (ILMN) said Thursday it launched a whole-genome sequencing research workflow for molecular residual disease detection and opened early access to select clinical research partners.The company said the workflow is expected to support residual disease detection and cancer genomic profiling using solid tumor and blood samples.Illumina said the workflow can complete processing in about five days and targets analytical sensitivity down to 10 parts per million for certain tumors.The company said its Dragen analysis software links tumor profiles with circulating tumor DNA data and achieved 99.5% analytical specificity in testing designed to distinguish tumor signals from background noise.Illumina said it plans a broader commercial launch next year and is developing an additional workflow designed to support lower detection thresholds using NovaSeq X systems.Price: $153.98, Change: $+3.81, Percent Change: +2.54%

$ILMN

Treasury49d ago

Canada's Current Account Remains Under Pressure Despite High Energy Prices, says BMO

Canada's current account deficit widened to $7.2 billion, or $28.7 billion a.r., in Q1, following a shortfall of $1.0 billion, or $4.0 billion a.r., in Q4 2025, noted Bank of Montreal after Thursday's data.This amounts to an estimated 0.9% GDP, in line with recent norms, BMO said, while noting the latest GDP data will be released Friday.A wider goods trade deficit has driven the deterioration amid significant tariff uncertainty, said the bank. However, the late-February outbreak of the Iran war marked a shift in trade flows by driving up prices for key Canadian exports, especially energy, in March, it added.According to BMO, high oil prices will continue to support merchandise exports through Q2.Meantime, an improvement in the services trade surplus was driven by commercial -- largely from an increase in financial services exports -- and travel services, BMO said. The latter was helped by an ongoing decline in Canadian travel to the United States, while spending in other destinations remains sturdy, it added.The primary income account shifted to a deficit on a much smaller investment income surplus. The surplus in direct investment shrank as profits earned by international investors in Canada outpaced those earned by Canadian investors abroad, BMO noted.The secondary income account -- which had been in deficit since 2016 -- improved to a balanced position on a surge in Canadian tax receipts, it also noted.Among other highlights, foreign direct investment (FDI) into Canada slipped to $22.0 billion in Q1, largely directed to energy and mining, BMO said. Meantime, domestic companies' direct investment abroad jumped to $39.2 billion. That resulted in a net FDI outflow of $17.2 billion, the third outflow in the past four quarters, it addedWhile the energy price shock will support Canadian trade flows over the short term, the current account remains under pressure as long as significant trade and tariff uncertainty persists, according to BMO.

$CXY

Research49d ago

Research Alert: CFRA Maintains Buy Opinion On Shares Of Salesforce Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We keep our 12-month target price at $210, on P/E of 13.8x our CY 27 EPS view, well below historical/peer averages. We raise our FY 27 (Jan.) EPS to $14.09 from $13.19 and FY 28's to $15.18 from $14.77. While we note software headwinds (seat growth pressures, competitive dynamics, enterprise shift to AI Agents, and increasing competition from Anthropic/OpenAI's enterprise tools), we remain optimistic that CRM will successfully pivot to a more consumption-based, Agentic Enterprise model. Agentforce ARR has now reached $1.2B (+205% Y/Y), and combined AI and Data ARR has hit $3.4B (+200% Y/Y), as AI is moving from pilot to production at scale. The platform has delivered 3.8B Agentic Work Units (+111% Q/Q) and processed 28.6T tokens (+152% Q/Q), providing concrete evidence of customer adoption and value realization beyond just bookings. At less than 12x our CY 27 view, the current valuation is enticing, especially if CRM can manage to accelerate organic revenue growth later this year (not our base case though).

$CRM

Oil & Energy49d ago

Update: 3 Oil, LNG Tankers Exit Strait of Hormuz Under Dark Transits, Reuters Analysis Shows

(Updates with requests for comments to the related parties.)Two oil supertankers and one liquefied natural gas tanker exited the Strait of Hormuz earlier this week, heading toward India and China with their transponders turned off, also known as dark transits, according to a Reuters report, citing ship tracking data from LSEG and Kpler.Even as traffic through the Strait remained restricted, the vessels were part of several tankers that departed the Persian Gulf over this month.The vessels were reportedly carrying crude oil from Saudi Arabia and the UAE, along with naphtha loaded from Kuwait in early March.The ongoing military conflict between the US and Iran, which began on February 28, has severely curtailed traffic through the strategically crucial Strait, which accounted for one-fifth of global LNG and crude oil flows.Before the conflict, traffic through the Strait ranged from 125 to 140, and has since dropped to just four over the past 24 hours, according to the Hormuz Strait Monitor.An estimated 20,000 seafarers, working on 100s of vessels, currently remain stuck in the Persian Gulf, as a result of this blockade, according to Reuters.The Indian and Chinese governments did not immediately respond to' request for a comment on this story.

Wire49d ago

AeroVironment Wins $20 Million US Air Force Materials Research Contract

AeroVironment (AVAV) received a $20 million US Air Force Research Laboratory contract to develop advanced ceramic materials for aerospace and defense applications, the company said Thursday.The 39-month contract involves AeroVironment working with AFRL to develop lightweight, heat-resistant materials and manufacturing methods, including 3D printing, for aerospace applications, the company said.The research aims to enhance readiness and durability for US Air and Space Forces while reducing lifecycle costs through advanced modeling, sensors and multifunctional material design, the company added.Shares of AeroVironment were up about 11% in early Thursday trading.Price: $200.40, Change: $+19.12, Percent Change: +10.55%

$AVAV

Mining & Metals49d ago

TSX Down Another 100 Plus Pts, Adding to 400 Plus Pts Lost Over Last Two Full Days, Since Monday's Record Close

S&P/TSX CompositeS&P/TSX Composite

Research49d ago

Capitan Silver Initiated at Speculative Buy at Stifel Canada; Price Target at C$3.75

Stifel Canada on Thursday initiated coverage of the shares of Capitan Silver (CAPT.V) with a speculative buy rating and a C$3.75 price target."We are initiating coverage on Capitan Silver with a SPECULATIVE BUY rating and a C$3.75/sh target price. Led by the former Argonaut Gold Mexican team [alongside former Penoles CEO Fernando Alanis Ortega on the BoD], CAPT is advancing the high grade, scalable Cruz de Plata project in Mexico. Where silver producers are i) set to generate double the FCF in 2026 over the prior decade combined and ii) experiencing muted volume growth to 2028, we think multiple expansion on already healthy multiples is driven by primary silver growth. The newly consolidated CdP has already shown scale via connecting the dots between continuous historic workings, (Stifel exploration target 116MMoz AgEq) and we see potential to double this through a straight forward 2026 program. The kicker: the top 50 intervals (g*m) from the first 50 holes drilled on CdP have averaged just 7% less than the same sample at Las Chispas," analyst Cole McGill wrote.(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: $2.19, Change: $+0.02, Percent Change: +0.92%

$CAPT.V

Wire49d ago

BofA Securities Adjusts Knight-Swift Transportation PT to $84 From $72

Knight-Swift Transportation Holdings (KNX) has an average rating of overweight and mean price target of $74.50, 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: $73.30, Change: $-0.89, Percent Change: -1.21%

$KNX

Wire49d ago

BofA Securities Adjusts HP Price Target to $18 From $16

HP (HPQ) has an average rating of Hold and mean price target of $22.57, 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: $25.18, Change: $-0.33, Percent Change: -1.29%

$HPQ

Wire49d ago

BofA Adjusts Price Target on Marvell Technology to $240 From $200

Marvell Technology (MRVL) has an average rating of buy and mean price target of $219.40, 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: $203.07, Change: $+4.37, Percent Change: +2.20%

$MRVL

Wire49d ago

BofA Securities Adjusts Price Target on Equity Residential to $76 From $75

Equity Residential (EQR) has an average rating of overweight and mean price target of $70.31, 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: $66.40, Change: $-0.25, Percent Change: -0.38%

$EQR

Wire49d ago

BofA Securities Adjusts Price Target on ONEOK to $96 From $94

ONEOK (OKE) has an average rating of overweight and mean price target of $95.25, 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: $89.27, Change: $+1.06, Percent Change: +1.20%

$OKE

Sectors49d ago

Sector Update: Energy Stocks Advance Premarket Thursday

Energy stocks were advancing premarket Thursday, with the State Street Energy Select Sector SPDR ETF (XLE) 0.9% higher.The United States Oil Fund (USO) was up 1.7% and The United States Natural Gas Fund (UNG) was 0.4% higher.Front-month US West Texas Intermediate crude oil was 2.1% higher at $90.56 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose 1.6% to $95.84 per barrel, and natural gas futures were up 5% at $3.04 per 1 million British Thermal Units.TotalEnergies (TTE) and Stellantis (STLA) have renewed and expanded their partnership in Europe to develop and deliver engine oils and lubricants, the companies said. Shares of TotalEnergies were up 2% pre-bell.Baker Hughes (BKR) has secured multiyear contract extensions with Equinor (EQNR) for drilling, well services and wireline intervention in the North Sea. Equinor stock was up more than 1% premarket.Borr Drilling (BORR) stock was up more than 4% after the company priced an upsized $2.04 billion senior secured notes offering and simultaneously expanded a tender offer for its outstanding 10.375% senior secured notes due 2030.

$BKR$BORR$EQNR$STLA$TTE$UNG$USO$XLE

Mining & Metals49d ago

FirstService's Subsidiary Century Fire Protection Acquires GSC Fire & Security and Titan Fire Protection

FirstService's (FSV.TO, FSV) subsidiary, Century Fire Protection, has recently acquired GSC Fire & Security and Titan Fire Protection, both based in the United States, said the company Thursday.The existing management teams of both businesses have retained minority equity interests and will continue to oversee their respective day-to-day operations, said the company.Terms of the two transactions were not disclosed.GSC provides fire alarm installation and fire alarm and sprinkler inspection, repair and monitoring services to multi-family residential and commercial clients in the Austin and San Antonio metropolitan areas and surrounding regions within Texas, stated the company.Titan is a "leading provider" of fire sprinkler installation and retrofit services to a broad range of commercial and institutional end markets, including healthcare facilities, storage facilities, schools and multi-family properties in the Tampa metropolitan area and across Central Florida, added the company."These additions further advance Century's strategy of enhancing our scale and broadening our service capabilities and geographic footprint across our operations," said Richard Deeb, Chief Executive Officer of Century. "The acquisitions of GSC and Titan bolster our presence in the fast-growing U.S. Sun Belt region. We are excited to be partnering with the leaders of both businesses to deepen our fire sprinkler and alarm capabilities and drive further growth in these markets."

$FSV.TO

Commodities49d ago

Exchange-Traded Funds, Equity Futures Lower Pre-Bell Thursday Amid New US Attacks on Iran

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.04% and the actively traded Invesco QQQ Trust (QQQ) was 0.1% lower in Thursday's premarket activity as new US attacks on Iran led to rising oil prices.US stock futures were also lower, with S&P 500 Index futures down 0.2%, Dow Jones Industrial Average futures slipping 0.2%, and Nasdaq futures retreating 0.4% before the start of regular trading.US initial jobless claims rose to a level of 215,000 in the week ended May 23 from an upwardly revised 210,000 level in the previous week, compared with expectations for a level of 211,000 in survey of analysts compiled by Bloomberg.New orders for US durable goods rose by 7.9% in April following a smaller increase of 1.3% in March, well above the expectations for a 4.0% increase in a survey compiled by Bloomberg.The new-home sales data for April will be released at 10 am ET, followed by the weekly natural gas stocks at 10:30 am ET.The weekly petroleum stocks data posts at 12 pm ET.New York Federal Reserve President John Williams and St. Louis Fed President Alberto Musalem are slated to speak on Thursday.In premarket activity, bitcoin was down by 2.2%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 2.1% lower, Ether ETF (EETH) retreated by 3.5%, and Bitcoin & Ether Market Cap Weight ETF (BETH) declined by 1.1%.Power Play:TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) retreated 0.5%, and the iShares US Technology ETF (IYW) was 0.4% lower, while the iShares Expanded Tech Sector ETF (IGM) was down 0.7%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) declined by 0.9%, while the iShares Semiconductor ETF (SOXX) lost 1%.Snowflake (SNOW) shares were up more than 38% in Thursday's premarket activity after the company lifted its full-year product revenue outlook and agreed to a $6 billion infrastructure spending deal with Amazon's (AMZN) Amazon Web Services.Winners and Losers:EnergyThe iShares US Energy ETF (IYE) gained 0.3%, while the State Street Energy Select Sector SPDR ETF (XLE) was up by 1%.Borr Drilling (BORR) stock was up more than 5% before the opening bell after the company priced an upsized $2.04 billion senior secured notes offering and simultaneously expanded a tender offer for its outstanding 10.375% senior secured notes due 2030.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was up 0.3%, and the Vanguard Consumer Staples Index Fund ETF Shares (VDC) gained 0.1%. The iShares US Consumer Staples ETF (IYK) was 0.8% lower. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) lost 0.5%. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) was 0.8% higher.Burlington Stores (BURL) shares were down more than 2% pre-bell even after the company posted higher fiscal Q1 adjusted earnings and revenue.IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) retreated 0.5%, while the Vanguard Industrials Index Fund (VIS) was flat and the iShares US Industrials ETF (IYJ) was inactive.American Superconductor (AMSC) stock was down more than 2% before the opening bell after the company provided lower-than-expected fiscal Q1 guidance.Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.3%, the Vanguard Health Care Index Fund (VHT) was 1.1% higher, while the iShares US Healthcare ETF (IYH) was inactive. The iShares Biotechnology ETF (IBB) was 0.2% higher.Sanofi (SNY) stock was down more than 1% premarket. The company said it has been granted a US Food and Drug Administration priority review for a new drug application for venglustat for the treatment of type 3 Gaucher disease, a rare disorder.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) declined by 0.1%. Direxion Daily Financial Bull 3X Shares (FAS) was down 0.4%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 0.2% higher.Bank of Montreal (BMO) shares were up more than 1% pre-bell after the company reported higher fiscal Q2 adjusted earnings and revenue.CommoditiesFront-month US West Texas Intermediate crude oil advanced by 2.9% to $91.23 per barrel on the New York Mercantile Exchange. Natural gas was up 0.5% at $3.11 per 1 million British Thermal Units. The United States Oil Fund (USO) rose by 1.5%, while the United States Natural Gas Fund (UNG) was 0.2% lower.Gold futures for July retreated by 1.5% to $4,414.10 an ounce on the Comex. Silver futures declined by 2.5% to $73.04 an ounce. SPDR Gold Shares (GLD) was down by 1.1%, and the iShares Silver Trust (SLV) fell by 1.7%.

Dow JonesNasdaq CompositeS&P 500$AMSC$BETH$BITO$BMO$BORR$BURL$EEM$EETH$EXI$FAS$FAZ$GLD$IBB$IGM$IGV$IPK$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$PMR$QQQ$RTH$SLV$SNOW$SNY$SOXX$SPY$UNG$USO$VDC$VHT$VIS$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD

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Commodities49d ago