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Citigroup Upgrades Venture Global to Buy From Neutral, Adjusts Price Target to $17 From $12

Venture Global (VG) has an average rating of overweight and mean price target of $15.50, 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://www..com/contact-us)

$VG

Research54d ago

Guggenheim Upgrades MasTec to Buy From Neutral, Price Target is $480

MasTec (MTZ) has an average rating of buy and mean price target of $488.40, 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://www..com/contact-us)

$MTZ

Research54d ago

UBS Upgrades Corcept Therapeutics to Buy From Neutral, Adjusts Price Target to $72 From $44

Corcept Therapeutics (CORT) has an average rating of overweight and mean price target of $79.25, 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://www..com/contact-us)

$CORT

Asia54d ago

International Entertainment Adjusts Financial Year-End Date

International Entertainment (HKG:1009) changed its financial year end date to Dec. 31 from June 30, according to a Wednesday Hong Kong bourse filing.The hotel and casino operator's next financial statements will be for the 18 months started July 1, 2025, and ending Dec. 31, 2026.The firm is changing the year-end date to align it with that of its units in the Philippines.

HKG:1009

Research54d ago

Keefe, Bruyette & Woods Initiates CoinShares at Outperform With $9 Price Target

$CSHR

Asia54d ago

Asics' Profit Surges 47% in Q1

Asics' (TYO:7936) profit attributable to owners of the parent jumped 47% to 46.6 billion yen for the first quarter from 31.6 billion yen a year earlier.The sports equipment manufacturer's earnings per share increased to 65.66 yen from 44.20 yen a year ago, according to a Tokyo bourse filing on Wednesday.Net sales jumped nearly 30% to 270.3 billion yen for the three months ended March 31 from 208.3 billion yen in the prior-year period.For the year ending Dec. 31, the company expects attributable profit of 110 billion yen, basic EPS of 153.91 yen, and net sales of 950 billion yen.Asics plans to pay interim and year-end dividends of 18.00 yen and 20.00 yen per share, respectively, for the year, which is higher than the amount paid in the year-ago period.

TYO:7936

Asia54d ago

Maider Medical Industry Equipment Gets Class Three Contact Lens Approval in China

Maider Medical Industry Equipment (SHA:688310) controlling subsidiary MedShun obtained a class three medical device registration certificate from China's medical products regulator for its Model 38CD soft hydrophilic contact lens.The daily-wear lens corrects myopia, according to a Wednesday filing with the Shanghai bourse.The certificate is valid until May 8, 2031.

SHA:688310

Oil & Energy54d ago

Market Chatter: Petrovietnam Urges US Navy to Allow Iraqi Crude Tanker Through Gulf Blockade

Petrovietnam Oil, the trading arm of Vietnam's state oil company, has urged the US Navy to allow a crude oil tanker filled with Iraqi oil to sail through the Persian Gulf, Reuters reported Tuesday.According to ship tracking data from the MarineTraffic platform, the Maltese-flagged carrier Agio Fanourios I set sail through the Strait of Hormuz on May 10, reaching the Gulf of Oman the following day, before making a U-turn after US forces ordered its redirection, according to the US Centcom's statement to Reuters.The company's Vice President, Hoang Dinh Tung, noted in his letter that the cargo was of "extreme importance to Nghi Son Refinery (NSRP), to the Socialist Republic of Vietnam and to the Vietnamese people," which was sent to US military and diplomatic missions.It also highlighted the fact that NSRP's feedstock inventories were at critical levels, which could have "cascading consequences for millions of Vietnamese consumers, businesses, public services and industries."Petrovietnam did not immediately respond to' request for a comment on this story.(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.)

Asia54d ago

Inpex's Profit Slides 13% in Q1

Inpex's (TYO:1605) profit attributable to owners of the parent fell 13% to 109.4 billion yen in the first quarter from 126.3 billion yen a year earlier, according to a Tokyo bourse filing on Wednesday.Japan's largest oil and gas exploration company's earnings per share decreased to 94 yen from 105.38 yen a year ago.Revenue dropped 6.5% to 501.8 billion yen in Q1 from 536.9 billion yen in the prior-year period.Inpex raised its earnings forecast for 2026, citing stable operations at the Ichthys Project and updated assumptions for crude oil prices and exchange rates from the second quarter onward.The company now expects attributable profit of between 350 billion and 450 billion yen from 330 billion yen initially, basic EPS of between 300.95 yen and 386.94 yen from 283.17 yen, and revenue of between 2.004 trillion and 2.291 trillion yen from 1.893 trillion yen.Inpex plans to pay interim and year-end dividends of 54 yen per share each for the year, which is higher than amount paid in the year-ago period.

TYO:1605

Mining & Metals54d ago

NGEx Minerals Reports Latest Results From Lunahuasi Project, Argentina

NGEx Minerals (NGEX.TO) Wednesday announced the latest results of five drill holes from its Lunahuasi project in San Juan, Argentina.The results show the high-grade gold component of the project, with highlights at drillhole DPDH070 including 17.3m at 207.79 grams per tonne (g/t) gold, including 2.00m at 1,740.00 g/t gold, plus 4.88m at 60.10 g/t gold.Another drill hole, DPDH063, intersected 4.88m at 60.10 g/t gold, from 831.50m, including 1.38m at 159.50 g/t gold from 835.00m"Today's news release highlights the high-grade gold component of this remarkable deposit, with two new intersections showing grades comparable to some of the best gold-only deposits worldwide, including a 2 metre sample at 1,740 g/t gold. It is becoming clear that these high-grade gold quartz veins occur throughout the deposit, as shown by the 660m distance between the intersections in holes DPDH063 and DPDH070," chief executive Wojtek Wodzicki said.The company is seeing these veins consistently within the Mars and Saturn zones, but also sees this type of mineralization in areas of sparse drilling outside of the named zones, as with DPDH063, a statement added.NGEx Minerals shares closed up $1.36 to $28.36 on Tuesday on the Toronto Stock Exchange.

$NGEX.TO

International54d ago

MBA US Mortgage Applications Rebound in Week Ended May 8; Refinancing Down, New Purchases Up

Mortgage applications rose by 1.7% in the week ended May 8 after a 4.4% fall in the previous week, with the home purchase applications driving the increase despite a small uptick in mortgage rates, according to Mortgage Bankers Association data released Wednesday.Applications for refinancing loans fell by 1%, while new purchase applications rose by a seasonally adjusted 4%.The average contract interest rate for 30-year fixed mortgages with loan balances of $832,750 or less rose to 6.46% from 6.45% in the previous week, the highest level in five weeks."Purchase applications were higher over the week and 7% ahead of last year's pace, with all loan types showing increases in purchase activity, as potential homebuyers shrugged off the current economic and mortgage rate uncertainties and returned to the market," said Joel Kan, MBA's vice president and deputy chief economist. "Refinance applications declined slightly, led by conventional and VA refinancings, and accounted for a little more than 40% of applications last week, the lowest share since July 2025."

International54d ago

Tech Sector Bulls Prevail on Wall Street Pre-Bell; Asia, Europe Up

Wall Street futures were mixed pre-bell Wednesday, as tech sector optimism more than offset concerns regarding crude prices, Persian Gulf turmoil, and the still-closed Strait of Hormuz.Chip colossus Nvidia (NVDA) rose 1.8% in premarket moves after media reports that CEO Jensen Huang has joined President Donald Trump's trip to China, and may also meet with China leader Xi Jinping.In the futures, the S&P 500 rose 0.2%, and the Nasdaq inclined 0.7%, although the Dow Jones was off 0.3%.Traders also await the April producer price index (PPI) bulletin at 8:30 am ET in Washington, to be plumbed for clues to the impact of higher oil bills on manufacturers and others.West Texas Intermediate crude oil traded near $102.18 a barrel, largely unchanged in morning action.Asian exchanges traded mostly higher overnight, with fresh all-time zeniths struck on equity indices in Seoul and Tokyo. European bourses tracked moderately north midday on the continent.On the economic calendar, in addition to the PPI release, is the weekly EIA petroleum status report at 10:30 am ET.Federal Reserve Boston President Susan Collins, Minneapolis President Neel Kashkari and Dallas President Lorie Logan are slated to speak on Wednesday.In premarket action, Bitcoin traded at $81,084, and 10-year US Treasuries offered 4.46%. Spot gold commanded $4,699 an ounce.

Dow JonesNasdaq CompositeS&P 500

Insider Trading54d ago

Stonex Group Insider Sold Shares Worth $429,272, According to a Recent SEC Filing

Aaron Schroeder, Chief Accounting Officer, on May 11, 2026, sold 3,500 shares in Stonex Group (SNEX) for $429,272. Following the Form 4 filing with the SEC, Schroeder has control over a total of 51,481 common shares of the company, with 51,481 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/913760/000142322926000003/xslF345X05/wk-form4_1778670532.xml

$SNEX

Research54d ago

Rothschild & Co Redburn Initiates HEICO at Buy With $360 Price Target

HEICO (HEI) has an average rating of overweight and mean price target of $355.61, 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://www..com/contact-us)

$HEI

Research54d ago

Rothschild & Co Redburn Initiates HEICO at Buy With $360 Price Target

$HEI

Research54d ago

BTIG Initiates BioAge Labs at Buy With $40 Price Target

BioAge Labs (BIOA) has an average rating of overweight and mean price target of $51.43, 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://www..com/contact-us)

$BIOA

Asia54d ago

Mitsui Fudosan's Attributable Net Income Rises 12% in Fiscal Year 2025

Mitsui Fudosan's (TYO:8801) net income attributable to owners of the parent climbed 12% to 278.68 billion yen for fiscal year 2025 from 248.8 billion yen a year earlier.The real estate company's earnings per share increased to 101 yen from 89.22 yen a year ago, according to a Tokyo bourse filing on Wednesday.Revenue rose 3.2% to nearly 2.71 trillion yen in the year ended March 31 from 2.625 trillion yen in the prior year.In a separate disclosure, Mitsui Fudosan's raised its final dividend to 18 yen per share, payable from June 29, from the initial forecast of 17 yen per share and the year-ago period's 16 yen per share.For fiscal year 2026, the company expects attributable net income of 285 billion yen, basic EPS of 105.50 yen, and revenue of 2.8 trillion yen. Mitsui Fudosan plans to pay per-share interim and year-end dividends of 18.50 yen each, which combined is higher than the 35 yen paid in fiscal 2025.

TYO:8801

Research54d ago

Stifel Downgrades Under Armour to Hold From Buy, Adjusts Price Target to $6 From $9

Under Armour (UAA) has an average rating of hold and mean price target of $6.32, 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://www..com/contact-us)

$UAA

Mining & Metals54d ago

Aimia Q1 Headline EPS Falls

Aimia (AIM.TO) on Wednesday reported a decrease in headline earnings per share and revenue in the first quarter.For the three months ended March 31, 2026, the company reported net earnings of $3.8 million compared with $0.4 million, a year earlier. Headline earnings per share was $0.02 in Q1 compared with $0.55, in the prior-year period.Revenue for the quarter decreased to $32.7 million compared with $40.7 million, a year-ago."Our progress in the first quarter was largely marked by the signing of a definitive agreement to sell Bozzetto despite the emergence of a number of macroeconomic headwinds," said Aimia Executive Chairman Rhys Summerton. "With regulatory approvals for the transaction now in hand, we anticipate closing the sale before the end of May 2026."The company also determined that Bozzetto met the criteria to be classified as discontinued operations, given the progress on the transaction to divest Aimia's specialty chemicals company. Its performance and contributions are excluded from Q1 2026 results and the comparative period for last year with the exception of net earnings, earnings (loss) per share and headline earnings (loss) per share, it said.Shares of the company closed down 0.7% to $2.67 on Tuesday on the Toronto Stock Exchange.

$AIM.TO

Research54d ago

Mizuho Downgrades Select Medical to Neutral From Outperform, Adjusts PT to $16.50 From $17

Select Medical Holdings (SEM) has an average rating of hold and mean price target of $16.50, 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://www..com/contact-us)

$SEM

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