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Ribbon, Salesforce Partner for AI Contact Center Offering

Ribbon Communications (RBBN) said Thursday it is providing voice communication technology to Salesforce (CRM) for its new agentic AI contact center offering, Agentforce Contact Center.The technology, including Session Border Controller Cloud Native edition and Policy and Routing Engine, routes and helps secure voice calls to agentic AI and human agents using the contact center, the company said.Ribbon and Salesforce worked together to install the software on multiple Amazon Web Services instances, it added.Shares of Ribbon were up about 6% in morning trading.Price: $2.76, Change: $+0.16, Percent Change: +5.96%

$CRM$RBBN

Research55d ago

Finning Keeps Outperformer, Target To C$20 From $100 at CIBC Which View Q1 Results As "Supportive of a Constructive Near and Longer Term Outlook"

$FTT.TO

Mining & Metals55d ago

TAG Oil Provides Update on Drilling Operations at BED-1 and SERQ Concessions

TAG Oil (TAO.V) has secured a drilling rig for the upcoming T-200 well at the Badr Oil Field (BED-1) located in the Western Desert of Egypt, the company said on Thursday.The company expects starting drilling operations by the end of June 2026, subject to receipt of all required regulatory approvals.The T-200 vertical well is planned to test the Abu Roash "F" formation in BED-1, a naturally fractured reservoir in the area where adjacent wells have encountered lighter gravity oil, said the company.The well is projected to reach a total depth of 4,250 meters and is anticipated to require approximately 60 days to drill and complete, it added."The Company has also been advised by the Egyptian National Petroleum for Exploration and Development Company (ENPEDCO) that additional exploration blocks have been included into the Southeast Ras Qattara Concession ("SERQ"), together with amendments to certain economic terms of the current concession agreement," said the company.As a result, the preliminary approval of TAG Oil's award has been withdrawn and will be resubmitted following enactment of the new law amending the current concession agreement terms, stated the company."We are pleased to have secured a rig for the T-200 well at BED-1 and look forward to spudding by the end of June," said TAG Oil's executive chairman and CEO Abby Badwi. "While the revised process for SERQ impacts timing to start operations, we remain committed to progressing the project and will provide further updates when available."The company's shares were last seen unchanged at $0.08 on the TSX Venture Exchange.

$TAO.V

Wire55d ago

GoDaddy, Infoblox Support Open Standards for AI Agents Across Open Web

GoDaddy (GDDY) and Infoblox said Thursday they support complementary open standards that help artificial intelligence agents identify, discover, and verify one another across the open web.Infoblox is advancing Domain Name System for AI Discovery, or DNS-AID, an open, interoperable approach for agent discovery developed on existing DNS infrastructure, according to the statement.GoDaddy is helping develop Agent Name Service, or ANS, an open standard focused on agent identity, naming and verification using DNS and public key infrastructure, the statement added.Infoblox and GoDaddy believe agent discovery and identity should be open and interoperable, not linked to proprietary protocols or closed registries, according to the statement.Price: $85.54, Change: $+0.14, Percent Change: +0.16%

$GDDY

Wire55d ago

McCoy Global Up 11% After Closing US$10 Million Credit Facility

McCoy Global (MCB.TO) shares rose 11% after it closed a new US$10 million asset-based revolving credit facility (ABL facility) with a leading U.S. Schedule I international banking institution as administrative agent and lender, it said on Thursday.The ABL facility provides enhanced liquidity and financial flexibility to support working capital requirements, reduces financing costs, and replaces the company's previous revolving credit facility with a Canadian chartered bank, which was fully repaid and terminated in Q2 2026, it said. No amounts are currently drawn under the ABL facility, it added.The facility has a three-year term and is available to McCoy Global Inc. and McCoy Global USA Inc., and is secured by a first-priority lien on substantially all assets of the borrowers and related guarantors.Shares of the company were last seen up $0.28 at $2.72 on the Toronto Stock Exchange.Price: $2.73, Change: $+0.29, Percent Change: +11.89%

$MCB.TO

Wire55d ago

Market Chatter: Interactive Brokers Rolls Out Prediction-Market Platform

Interactive Brokers (IBKR) is rolling out a platform that lets clients trade prediction-market contracts through its own ForecastEx, CME Group (CME), and Kalshi, the Wall Street Journal reported Thursday.Clients will be able to trade yes-or-no contracts tied to elections, climate and economic outcomes, while sports and pop culture will be excluded, the report said.The platform will aggregate prices across exchanges and route orders to the best available execution, including fees, with plans to expand access over time, the report said.Interactive Brokers didn't immediately respond 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: $85.66, Change: $+0.54, Percent Change: +0.63%

$CME$IBKR

Wire55d ago

Morgan Stanley Raises Essex Property Trust PT to $293 From $285, Maintains Equal Weight Rating

Essex Property Trust (ESS) has an average rating of Hold and mean price target of $279.93, 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: $270.02, Change: $-1.92, Percent Change: -0.71%

$ESS

Commodities55d ago

Update: Unauthorized Personnel Board Anchored Vessel Northeast of Fujairah, Heading Towards Iran

(Updates with response from the UK Ministry of Defense.)An anchored vessel was seized by unauthorized personnel about 38 nautical miles northeast of Fujairah, UAE, and is now heading towards Iranian territorial waters, the UK Maritime Trade Operations said Thursday."UKMTO has received a report of an incident 38NM northeast of [Fujairah, UAE]," the agency said in an alert. "The CSO has reported that the vessel has been taken by unauthorised personnel whist at anchor and is now bound for Iranian Territorial Waters."Fujairah is a major crude oil export hub of the UAE. UKMTO said it is investigating the situation.UKMTO referredto the UK Ministry of Defense for media inquiries and the ministry declined to comment further on the matter.

Wire55d ago

Mobix Labs to Buy US Rare Earth, Critical Minerals Company; Shares Rise

Mobix Labs (MOBX) said Thursday it has signed a non-binding letter of intent to buy Special Project Delivery, which is developing US supply chains for rare earth and critical minerals.The letter of intent sets a framework for due diligence and negotiation of definitive terms, Mobix said, adding there is no assurance the deal will be completed.Mobix shares were up 90% in Thursday morning trading.Price: $3.36, Change: $+1.62, Percent Change: +93.16%

$MOBX

Wire55d ago

Update: Klarna Shares Rise After Q1 Loss Narrows, Revenue Increases

(Updates with latest stock movement in headline and first paragraph.)Klarna (KLAR) shares were up 15% in early trading Thursday after the company posted a narrower net loss and higher revenue for Q1.The company reported a Q1 net loss of $0.01 per diluted share, compared with a loss of $0.26 a year earlier.Analysts polled by FactSet expected a loss of $0.17.Revenue for the quarter ended March 31 was $1.01 billion, up from $701 million a year earlier.Analysts polled by FactSet expected $944.1 million.Price: $15.91, Change: $+2.22, Percent Change: +16.18%

$KLAR

Wire55d ago

Update: Market Chatter: Paramount's Warner Bros. Acquisition to Draw EU Scrutiny

(Update with Paramount Skydance's response to a request for comment.)Paramount Skydance's (PSKY) acquisition of Warner Bros. Discovery (WBD) will be carefully scrutinized by European regulators, CNBC reported Thursday, citing a letter sent to Paramount Skydance Chief Executive David Ellison from a group of US and European lawmakers it viewed."Paramount has been engaging constructively and proactively with regulatory agencies which are rigorously reviewing the transaction," a Paramount spokesperson toldvia email. "We have proactively made clear output-enhancing commitments: to increase output to an annual 30 high-quality films released in theatres, to continue licensing content, and to preserve iconic brands with independent creative leadership."(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: $10.44, Change: $-0.04, Percent Change: -0.33%

$PSKY$WBD

Wire55d ago

Market Chatter: New Fortress Energy Seeks UK Court Approval for $6.5 Billion Debt Restructuring Plan

New Fortress Energy (NFE) is seeking permission from a UK court for a restructuring plan that will convert 90% of its $6.5 billion debt into equity and transfer ownership of the company to creditors, Bloomberg reported Thursday.The plan would see creditors get new equity, along with around $971 million of new debt instruments, according to the report. New Fortress Energy would be split in two, with one entity housing the company's assets and operations in Brazil, and another containing everything outside the country, Bloomberg said.The company's plan has received support from 97% of interested creditors, according to lawyers representing New Fortress Energy, the report said.New Fortress Energy did not immediately respond to' 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: $0.72, Change: $-0.02, Percent Change: -2.96%

$NFE

Mining & Metals55d ago

Correction: Calian Group Up 11% On Improved Q2 Net Profit, Revenue

(Correcting second paragraph to show the results were "For Q2". A corrected version follows)Calian Group (CGY.TO) was at last look up 11% in early Thursday trade after reporting higher net profit and revenue in the second quarter as the company begins to "capture the benefits of strengthening demand across the defence sector".For Q2, net profit was C$6.7 million, or $0.58 per diluted share, compared to $0.3 million, or $0.02 per diluted share in the corresponding year-ago quarter. The increase is primarily related to higher adjusted EBITDA and lower mergers and acquisition costs, partially offset by higher restructuring expenses and taxes, said the company.Second quarter adjusted net profit was $15.1 million, or $1.30 per diluted share, up from $9.1 million, or $0.77 per diluted share, in the year-ago quarter.Second quarter revenue was a record $228.7 million, compared to $193.7 million in the year-ago quarter. The consensus estimates compiled by FactSet for Sales was $215.7 million.Acquisitive growth was 6% and was generated by the acquisitions of Advanced Medical Solutions completed in May 2025 and Infield Scientific closed in October 2025. Organic growth was 12% and was generated by both the Defence & Space and Essential Industries segments.On May 13, 2026, the company declared a quarterly dividend of $0.28 per share, unchanged from the prior quarter. The dividend is payable June 10, 2026, to shareholders of record as of May 27, 2026."Our second quarter results mark an important inflection point for Calian as we begin to capture the benefits of strengthening demand across the defence sector," said Patrick Houston, Calian Chief Executive Officer.He added: "Revenue grew 18%, including 12% organic growth, which was achieved through record-setting deliveries and a strong pace of contract signings. This solid top-line performance translated into an 60% increase in adjusted EBITDA, which significantly outpaced revenue growth and reflects the compounded impact of higher volumes and improved operational leverage."These results reflect early but tangible momentum in government defence spending and validate the strategic choices we have made to sharpen our operating model. With a $1.5 billion backlog, a robust acquisition pipeline, and a solid balance sheet, we are well-positioned to capture market share, deliver strong full year performance, and create lasting value for shareholders."Price: $75.90, Change: $+7.90, Percent Change: +11.62%

$CGY.TO

Commodities55d ago

US Natural Gas Update: Futures Down Amid Forecasts of Bearish Storage Build, Declining Power Burn

US natural gas futures were down on Thursday, ahead of the weekly storage report, which is expected to come in ahead of the five-year average for this period.The front-month Henry Hub futures and the continuous contracts were both down 1.67% to $3.011 per million British thermal units.The US Energy Information Administration's Weekly Gas Storage Report is expected to show a net injection of 86 billion cubic feet into storage, compared to the prior week's 63 Bcf and the five-year average for this period at 84 Bcf, making it a bullish build, according to data compiled by Investing.com.Meanwhile, production has continued to slip, expected at 106 Bcf for Thursday, after starting the week strong at 107.6 Bcf, according to NRG Energy.This, however, has been largely offset by a corresponding decline in power burn, by 1.6 Bcf per day compared to Wednesday.At the same time, LNG feedgas flows to export facilities have declined, with estimates pointing to 17.51 Bcf on Thursday, compared to the 30-day moving average of 18.75 Bcf, according to the Bloomberg LNG Feedgas Model. This is due to the scheduled maintenance across several LNG export facilities.According to Gary Cunningham of Tradition Energy, markets are also dealing with additional volatility stemming from low wind output in the ERCOT market.Earlier in the week, there were periods when total wind output in ERCOT was under 5 gigawatts, and on Wednesday it almost completely shut off, Cunningham said, noting that output was under 2 GW, compared to the total installed capacity of 40 GW.Besides this, almost the entire country is expected to experience above-normal temperatures from May 21 to May 27, according to the National Weather Service. Analysts expect this to result in increased power burn as additional air conditioner loads come online.

Wire55d ago

Update: Viking Shares Rise After Q1 Adjusted Loss Narrows, Revenue Increases; CFO Leah Talactac Named as CEO

(Updates to include Viking stock movement in the headline and first paragraph.)Viking (VIK) shares were up more than 10% in Thursday trading after the company posted Q1 results that beat market expectations.The company reported a Q1 adjusted loss of $0.11 per share, narrower than a loss of $0.24 a year earlier.Analysts polled by FactSet expected a loss of $0.13.Revenue for the quarter ended March 31 was $1.05 billion, compared with $897.1 million a year earlier.Analysts polled by FactSet expected $1.01 billion.Additionally, Viking said it appointed Chief Financial Officer Leah Talactac as chief executive officer.The company said CEO Torstein Hagen will become executive chairman and remain chairman of the board.It added that it has named Executive Vice President of Finance Linh Banh as CFO.Price: $91.19, Change: $+9.02, Percent Change: +10.97%

$VIK

International55d ago

March US Business Inventories Rise As Expected, Business Sales Up

Business inventories rose 0.9% in March, as expected in a survey compiled by Bloomberg and following a 0.4% increase in the previous month.Retail inventories were up 0.6%, revised downward from a 0.7% gain in the advance estimate, while wholesale inventories rose by 1.3% and factory inventories increased by 0.6%.Business sales rose by 2.1% in March, with retail trade sales were up 1.9% after revision. Wholesale sales increased by 2.8% and factory shipments were up 1.4%.

Mining & Metals55d ago

Auxly Cannabis Q1 Net Income Falls, Despite Higher Revs

Auxly Cannabis Group (XLY.TO) had lower net income in the first quarter compared to a year earlier, when a deferred tax recovery was included, but revenue was up, the company said Thursday.For the three months ended March 31, 2026, the company reported net income of near $3.5 million or breakeven per basic and diluted share, compared with $12.1 million or EPS of $0.01, a year earlier.The company noted Q1 2025 included $8.1 million of deferred tax recovery related to the change in estimated useful life of intangible assets. Excluding the deferred tax recovery, net income decreased by $0.5 million primarily driven by higher fair value loss on biological transformation and inventory. Excluding the impact of fair value adjustments on biological transformation and inventory and the deferred tax recovery in 2025, net income increased $5.8 million primarily due to improved gross profits and the reduction in interest and accretion expenses, partially offset by higher SG&A.Total net revenue increased to near $39.8 million in Q1, compared with $32.7 million, a year-ago. The growth was primarily driven by higher incremental volumes across the core portfolio, improved pricing across the flower portfolio, partially offset by price compression on vape products, it said.Also, it had Adjusted EBITDA of $12.3 million, an increase of 65% and representing 31% of net revenue, and cash flow from operations before working capital changes of $11.3 million, an increase of 102%, representing 92% conversion from Adjusted EBITDA. It also cited gross margin on cannabis inventory sold of 55% and an Adjusted EBITDA margin of 31%."Our top line success can be attributed to the value proposition offered by Back Forty, contributions from new innovations like South Point and All-in-One Boosted Vapes and improved distribution," said Auxly Chief Executive Hugo Alves.Auxly expects to allocate between $10 million to $12 million of cash flow from operations towards capital projects at Auxly Leamington in 2026.Shares of the company were last seen unchanged at $0.14 on the Toronto Stock Exchange.

$HMMJ.TO$XLY.TO

Wire55d ago

Bentley Systems, NXT BLD Launch AEC Software Startup Accelerator

Bentley Systems (BSY) and NXT BLD launched NXT Activate, a startup accelerator aimed at early-stage companies developing software for the architecture, engineering and construction sectors, the companies said Thursday.The program, initially seeded by Bentley Ventures, the corporate venture capital arm of Bentley Systems, will launch with a commitment of up to $3 million over three years to support startups focused on improving workflows and data silos across the AEC industry.NXT Activate will invest in cohorts of six to eight startups annually, beginning in autumn 2026. Each participating company may receive up to $200,000 in funding in exchange for a fixed equity stake, the companies said.Investment decisions for NXT Activate will be made jointly by a committee of the program's founding and investment members, while NXT BLD and AEC Magazine will maintain editorial independence from the program, the companies added, according to a joint statement.Price: $31.28, Change: $+0.03, Percent Change: +0.10%

$BSY

International55d ago

March US Business Inventories Rise 0.9% Vs 0.9% Gain Expected, Prior 0.4% Increase

Wire55d ago

Correction: Versant Media Q1 Earnings, Revenue Decline

(Corrects the quarter in the headline and first paragraph.)Versant Media (VSNT) reported Q1 earnings Thursday of $1.99 per diluted share, down from $2.55 a year earlier.Four analysts polled by FactSet expected $1.70.Revenue for the quarter ended March 31 was $1.69 billion, down from $1.71 billion a year earlier.Analysts surveyed by FactSet expected $1.62 billion.Shares of the company were up more than 15% in recent Thursday premarket activity.Price: $44.23, Change: $+3.79, Percent Change: +9.36%

$VSNT

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Mining & Metals55d ago

Correction: Calian Group Up 11% On Improved Q2 Net Profit, Revenue

$CGY.TO