Financial News · Live Terminal

Page 1518 of 2501

Earnings Flash (GVC.TO) Glacier Media Inc. Reports Q1 Revenue $29.84M Vs $32.48M a Year Ago; Net Loss $0.01 Vs Loss of $0.03

Rogers Sugar Q2 Adjusted Earnings Rise 15%

Rogers Sugar (RSI.TO) second-quarter adjusted earnings rose 15% even as revenue fell, the company said after trade on Thursday.Adjusted earnings, which excludes most one-time items, rose to $18.6 million, or $0.14 per share, from $16.2 million, or $0.13, in the prior-year period. The increase reflected stronger contributions from the Sugar segment, partially offset by lower contributions from the Maple segment, the company said.Revenue fell to $280.6 million from $338.2 million over the same period. The decrease was largely driven by a lower average price for Raw #11 futures and lower sales volume.Rogers Sugar also reported that sugar sales volume totaled 175,000 tonnes in the second quarter, down 23,000 tonnes, or 12%, from the same period last year, mainly reflecting lower export sales.The company will pay a regular quarterly dividend of $0.09 per share, on July 15.Rogers Sugar closed up $0.11 to $6.63 on the Toronto Stock Exchange.

$RSI.TO

Mining & Metals55d ago

Earnings Flash (FLNT.TO) FLINT Corp. Reports Q1 Revenue C$121.5M, Down 11.9% YoY

$FLNT.TO

Mining & Metals55d ago

Earnings Flash (DFY.TO) Definity Financial Posts Q1 Operating EPS C$0.97 per Share

$DFY.TO

Research55d ago

Research Alert: CFRA Maintains Sell Opinion On Shares Of The Williams Companies, Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Our 12-month target price remains $64, a 12x multiple of enterprise value to projected '27 EBITDA. The applied multiple is a premium to WMB's historical forward average, albeit a small one, and reflects rising demand for midstream natural gas takeaway and processingcapacity, Our sell opinion is on valuation, with shares trading about 21% above historical forward average levels on EBITDA. We lift our '26 EPS estimate by $0.23 to $2.42, and similarly '27's by $0.10 to $2.59. WMB isguiding to about a 6% boost to adjusted EBITDA in 2026, but it is coming with some elevated capital requirements, as growth capex continues to rise - now likely in arange of $7.0B-$7.6B in 2026, versus $4.9B in 2025. For 2026, we think the combination of growth capex and dividend payments will markedly outstrip cash from operations,which is not necessarily a problem in the short term, but may require additional borrowing, and WMB's net debt-to-capital ratio is already above peers. Shares yield 2.8%

$WMB

Oil & Energy55d ago

Market Chatter: Gulf States Restore US Access for Strait of Hormuz Escort Mission

Saudi Arabia and Kuwait restored US military access to bases and airspace Thursday, clearing the way for Washington to revive its Strait of Hormuz escort mission, the Wall Street Journal reported, citing US and Saudi officials.Pentagon officials are reportedly preparing to restart the maritime security mission as early as this week after suspending operations earlier this week.US forces designed the operation around warships, fighter aircraft and surveillance systems to shield commercial vessels from Iranian missile and drone attacks across the critical shipping route.The operation sparked one of the biggest strains in Saudi-US military ties in years as repeated calls between President Donald Trump and Crown Prince Mohammed bin Salman raised concerns over Washington's long-standing security partnership with Riyadh.Saudi Arabia and Kuwait blocked US military access to bases and airspace after US officials downplayed Iranian attacks in the Persian Gulf, while Gulf states worried Washington would not protect them if fighting escalated further, according to the officials.Trump paused Project Freedom on Tuesday after Saudi crown prince raised concerns and informed him that Saudi Arabia would restrict US access to military bases and airspace, the officials reportedly said.Trump tried to persuade the Saudi crown prince to reverse the restrictions, the report added, citing officials.Trump posted on Truth Social on Tuesday, "Based on the request of Pakistan and other countries... while the Blockade will remain in full force and effect, Project Freedom (the movement of ships through the Strait of Hormuz) will be paused for a short period of time to see whether or not the Agreement can be finalized and signed.Responding to' query on restarting Project Freedom, the White House cited an official saying, "There was never a restriction or a ban to begin with, that is fake news."Meanwhile, another phone call between President Trump and Saudi crown prince led Saudi Arabia to restore US military access to bases and airspace, according to US and Saudi officials.US defense officials said naval escorts would steer commercial vessels through a narrow corridor cleared of mines while destroyers, drones, helicopters and fighter jets secured the route.Defense Secretary Pete Hegseth said Tuesday that US destroyers, fighter jets, helicopters, drones and surveillance aircraft were providing round-the-clock protection for commercial vessels in the Strait of Hormuz.Iran answered the US operation with missile and drone attacks targeting the UAE, including strikes on Fujairah's oil-export facilities and threats against commercial vessels, the report said.Gulf states became increasingly concerned that the US would not respond forcefully to further Iranian attacks and feared Tehran could conclude it can strike regional countries without facing serious consequences.US forces intercepted several attacks and destroyed six Iranian fast-attack boats, although Tehran still struck non-US ships and launched 15 missiles along with multiple drones toward the UAE.Kuwait's Ministry of Foreign Affairs and Saudi Arabia's Ministry of Foreign Affairs didn't 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.)

Mining & Metals55d ago

Earnings Flash (CEU.TO) CES Energy Solutions Reports Q1 Record Revenue $681.5M, Up 8% YoY

$CEU.TO

Mining & Metals55d ago

Earnings Flash (BTE) Baytex Energy Raises Production Guidance and Nearly Doubles 3-Year Growth Outlook; Says CEO Transition Complete

$BTE

Mining & Metals55d ago

Earnings Flash (BTE) Baytex Energy Posts Q1 Loss Per Share Basic and Diluted $0.09 Vs Loss of $1.12 For Both a Year Earlier

$BTE

Commodities55d ago

Market Chatter: $7 Billion Oil Bets Placed Ahead of Trump's Iran Announcements Spark Scrutiny

Oil market bets totaling as much as $7 billion were placed ahead of major Iran-related announcements by US President Donald Trump in March and April, a Reuters analysis of exchange data, published Thursday, showed, raising fresh scrutiny over possible insider trading.The trades, spread across crude, diesel and gasoline futures on the Intercontinental Exchange (ICE) and the Chicago Mercantile Exchange (CME), far exceed previously reported positions worth about $2.6 billion.Reuters said it could not determine who placed the trades or whether they originated in the US or abroad.The US Commodity Futures Trading Commission is investigating the activity, a person familiar with the matter told Reuters in April, but has not publicly confirmed a probe.Separately, ABC News reported Thursday that the US Department of Justice is also investigating oil trades linked to the Iran conflict.The trades involved short positions that profited from sharp declines in oil prices following Trump's announcements on Iran. Traders first identified unusual activity on March 23, minutes before Trump delayed and threatened attacks on Iranian power infrastructure, sending oil prices sharply lower.Similar trading patterns appeared on April 7, before Trump announced a ceasefire with Iran; on April 17, before Iranian officials discussed reopening the Strait of Hormuz; and again on April 21, before Trump extended the ceasefire.In response to' request for comment, White House spokesperson Davis Ingle said, "All federal employees are subject to government ethics guidelines that prohibit the use of nonpublic information for financial benefit."He added that any implication that administration officials "are engaged in such activity without evidence is baseless and irresponsible reporting."Reuters' expanded analysis found coordinated sell orders across Brent and West Texas Intermediate crude futures, as well as European diesel and US gasoline contracts, often executed within minutes of key announcements.It found that on March 23 alone, traders sold roughly $2.2 billion in oil and fuel futures contracts shortly before Trump's announcement. Oil prices later fell by over 10%, while fuel prices dropped by about 12%.Reuters cited information from Adi Imsirovic, a veteran oil trader and associate at the Center for Strategic and International Studies, who said the trades appeared "well informed" and noted regulators could trace the activity through exchange data.ICE, CME, the Justice Department, and the CFTC did not immediately respond to requests 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.)

$CME$ICE

Mining & Metals55d ago

Earnings Flash (RSI.TO) Rogers Sugar Reports Q2 Revenue $280.6M; Adjusted Net EPS Basic $0.14

$RSI.TO

Research55d ago

Research Alert: Ttd: Q2 Guidance Disappoints On Revenue And Ebitda; Slew Of Concerns

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:TTD posted Q1 revenue growth of 12% to $689M, beating our 10% forecast, though profitability faced significant pressure with adjusted EBITDA margin declining 400bp to 30% from 34% and non-GAAP EPS falling 15% to $0.28, missing $0.32 consensus. The company maintained strong customer retention above 95% and generated robust operating cash flow of $392M, up 35%, supporting continued capital return activities. We are growing increasingly concerned about recent deceleration amid high management turnover and the ongoing Publicis dispute alleging unauthorized fees, hidden markups, and forced opt-ins, plus intensifying competitive pressures from Amazon. Q2 guidance disappointed with revenue of at least $750M (10%-11% growth) and adjusted EBITDA of approximately $260M, both meaningfully below consensus expectations of $770M and $291M respectively. The balance sheet remained robust with $1.4B in cash and cash equivalents with no debt, supporting share repurchases of $164M during the quarter.

$TTD

Research55d ago

Research Alert: Mnst: Robust Non-u.s. Sales Growth And Currency Drive Beat

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Monster Energy (MNST) posted Q1 adjusted EPS of $0.58 vs. $0.47 (+24%), ahead of the $0.53 consensus. MNST's net sales rose 27% to $2.35B ($190M above consensus) and gross margin contracted 150 bps to 55.0% (40 bps below consensus). MNST said net changes in foreign currency exchange rates had a favorable impact on net sales of $89M. The decline in gross margin was primarily the result of geographical sales mix, increased aluminum can costs, and increased freight-in costs, partially offset by pricing actions. International sales were especially strong, jumping 45% to $1.06B, representing 45% of total sales (vs. 40% a year ago), the highest ever percentage for a single quarter. The company bought back 1.4M shares for $100M in Q1 (an average price of $73.86/share). MNST shares are currently trading about 5% higher after-hours. The quarter marked MNST's fourth straight bottom-line beat. In our view, the big story was the strength of MNST's international sales, boosted even further by favorable currency moves.

$MNST

Mining & Metals55d ago

Earnings Flash (FCD-UN.TO) Firm Capital Property Trust Reports 5% Lift In NOI and "Improving" AFFO Payout Ratio In Q1 2026 Vs Year Earlier

$FCD-UN.TO

Wire55d ago

Gen Digital Fiscal Q4 Adjusted Earnings, Revenue Rise; Shares Gain After Hours

Gen Digital (GEN) reported fiscal Q4 adjusted earnings late Thursday of $0.67 per diluted share, up from $0.59 a year earlier.Analysts polled by FactSet expected $0.65.Revenue in the three months ended April 3 rose to $1.28 billion from $1.01 billion a year earlier.Analysts surveyed by FactSet expected $1.25 billion.Gen Digital expects Q1 EPS of $0.68 to $0.70 on revenue of $1.30 billion to $1.325 billion.Analysts polled by FactSet project EPS of $0.68 on revenue of $1.27 billion.The company expects fiscal 2027 EPS of $2.85 to $2.95 on revenue of $5.33 billion to $5.43 billion.Analysts surveyed by FactSet project EPS of $2.85 on revenue of $5.24 billion.Gen Digital shares jumped 9% in after-hours trading.

$GEN

Mining & Metals55d ago

Earnings Flash (DLCG.TO) Dominion Lending Centres Posts Q1 Adjusted EPS $0.06 per Share; Revs Grew 7%

$DLCG.TO

US Markets55d ago

S&P 500, Nasdaq Snap 2-Day Record Run as Oil Prices Rise in Volatile Session

The S&P 500 and the Nasdaq Composite fell from record closing highs on Thursday as oil prices rose in what turned out to be a choppy trading session for crude.The S&P 500 closed 0.4% lower at 7,337.1, while the Nasdaq slipped 0.1% to 25,806.2. The Dow Jones Industrial Average dropped 0.6% to 49,597. All three indexes snapped a two-day advance that propelled the S&P 500 and the Nasdaq to all-time highs.Barring communication services and technology, all sectors were in the red, led by materials and energy.West Texas Intermediate crude was last up 0.7% at $95.73 a barrel, swinging between gains and losses during Thursday late-afternoon trade. Brent was up 0.1% at $101.36. Both benchmarks fell sharply Wednesday amid prospects of a diplomatic breakthrough between the US and Iran.Iran is still reviewing "messages" from the US via Pakistani mediation, CNN reported, citing Iranian media. Tehran has set out new rules for ships looking to transit ross the crucial Strait of Hormuz, the news outlet reported."Markets continue to be cautiously optimistic toward the prospect of a US-Iran deal to end the war despite the appearances of the US administration pumping the deal vastly more than the other side," Scotiabank said in a note.US Treasury yields were higher, with the 10-year rate up 4.5 basis points at 4.40% and the two-year rate rising 5.4 basis points to 3.92%.In company news, Tapestry (TPR) raised its fiscal 2026 outlook after delivering a third-quarter beat, but provided a subdued fourth-quarter sales guidance for its Kate Spade brand. The luxury fashion company's shares slumped 12%, the second-worst performer on the S&P 500.Planet Fitness (PLNT) shares slid 31% after the fitness center operator tempered its full-year expectations amid fewer-than-projected member additions in the first quarter.Shake Shack (SHAK) shares plummeted 28% after the fast food chain operator's first-quarter results fell short of Wall Street's estimates amid weather-related headwinds.Datadog (DDOG) shares surged 31%, the top gainer on the S&P 500. The software maker raised its full-year outlook after posting first-quarter results that topped the Street expectations.In economic news, US job cuts increased in April to the third-highest total for the month since 2009 as technology companies continued to announce layoffs amid a shift toward artificial intelligence, Challenger Gray & Christmas said Thursday.The report comes ahead of the official April nonfarm payrolls data to be released on Friday.Official data are expected to show that the US economy added 65,000 nonfarm jobs in April, compared with a 178,000 increase reported for the previous month, according to a Bloomberg-compiled consensus. On Wednesday, ADP (ADP) said that employment in the US private sector grew at its fastest pace in more than a year.Gold was up 0.3% at $4,709.90 per troy ounce in Thursday late-afternoon trade, while silver jumped 2.7% to $79.40 per ounce.

Dow JonesNasdaq CompositeS&P 500$ADP$DDOG$PLNT$SHAK$TPR

Mining & Metals55d ago

Earnings Flash (CHR.TO) Chorus Aviation Inc. Reports Q1 Operating Revs $325.4M, Down 6.5% YoY

$CHR.TO

Mining & Metals55d ago

Earnings Flash (CHR.TO) Chorus Aviation Posts Q1 Adjusted EPS $0.54 per Share, Vs $0.57 For Q1 2025

$CHR.TO

Mining & Metals55d ago

Earnings Flash (SRV-UN.TO) SIR Royalty Income Fund Reports Q1 Pooled Generated By SIR Corp. $66.0M Vs $64.742M

$SRV-UN.TO

Showing 30341-30360 of 50009

Oil & Energy55d ago