Financial News · Live Terminal

Page 1568 of 2418

Preformed Line Products Acquires Delta Star Conetores Eletricos; Shares Rise

Preformed Line Products (PLPC) said Tuesday it is acquiring Delta Star Conetores Eletricos, a Brazil-based manufacturer of high-voltage and extra-high-voltage substation connectors.Financial details related to the acquisition were not disclosed.Shares of the company were up 12% in Tuesday trading.Price: $346.14, Change: $+36.36, Percent Change: +11.74%

$PLPC

Wire55d ago

Graham Keeps Quarterly Dividend at $1.88 a Share, Payable Aug. 6 to Shareholders of Record July 16

$GHC

Wire55d ago

FactSet Raises Quarterly Dividend to $1.16 a Share From $1.10, Payable June 18 to Shareholders of Record May 29

$FDS

Research55d ago

Dollarama Upgraded to Buy at Stifel Canada Following Share-Price Dip; Price Target Raised to C$190.00

Stifel Canada on Tuesday upgraded its rating on the shares of Dollarama (DOL.TO) to buy from hold while raising its price target to C$190.00 from C$180.00 following a dip in the company's shares."Dollarama's shares are near a 52-week low, which presents investors with an appealing entry point in our view. We are changing our recommendation to BUY for the following reasons: (1) Valuation has receded from the highs of 39x forward earnings in January 2026 and now at 29.5x, stands below the 2-year average of 33x. (2) Dollarama is likely to gain market share under a potential scenario of significant inflation in the coming year stemming from the conflict in Iran. In order to stretch their dollars further Canadians are likely to shop more at Dollarama. (3) Recent insider buying is reassuring. Both the CFO and CEO recently purchased shares at $174 and $175, respectively, higher levels than currently. Hence, with a more reasonable valuation and potential for Dollarama to gain market share due to inflationary pressures, we change our rating to BUY and increase our target price by $10 to $190," analyst Martin Landry 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://www..com/contact-us)Price: $172.75, Change: $+2.26, Percent Change: +1.33%

$DOL.TO

Wire55d ago

ServiceNow Well Positioned for AI-Driven Growth, RBC Says

ServiceNow (NOW) is well-positioned for sustained long-term growth, supported by its expanding role in artificial intelligence, RBC Capital Markets said in a Tuesday note following the company's 2026 Financial Analyst Day.The analyst said it is a buyer of ServiceNow following a positive event, citing management's projection of $30 billion to $32 billion in subscription revenue by 2030 and AI accounting for about 30% of annual contract value.RBC also highlighted expectations for sustained double-digit revenue growth, a "rule of 60%+" framework combining growth and free cash flow margins by 2030, along with ongoing margin expansion driven by strong gross margins and operating efficiency.The firm also pointed to non-seat-based monetization, hybrid pricing, and growth in areas such as security, CRM, and data and analytics as key long-term drivers, while downplaying concerns that DIY approaches and "vibe coding" could materially weaken demand.ServiceNow's shift toward non-seat-based revenue models, expansion into AI-driven product segments, and focus on organic growth are key factors supporting long-term compounding potential, while the firm views valuation as attractive despite the stock remaining a "show-me" story.RBC has an outperform rating on the stock with a price target of $121.Shares of ServiceNow were down 0.3% in Tuesday trading.Price: $91.52, Change: $-0.45, Percent Change: -0.49%

$NOW

Wire55d ago

Pinterest's GPU Commentary Seen as 'Most Intriguing' Platform Upgrade Opportunity in Some Time, RBC Says

Pinterest's (PINS) GPU investment and proprietary model improvement commentary is the "most intriguing" platform enhancement opportunity in some time for the stock as it could unlock engagement and targeting, RBC Capital Markets said in a Monday research report.A "better-than-feared" Q1 print came amid diminishing headwinds from large clients due to conversion improvements, Performance Plus accounting for 30% of lower funnel revenue, and the potential easing of headwinds in H2 from infrastructure investments and acquisitions, analysts wrote.The Q1 revenue beat was partly driven by surprising performance from the largest retail advertisers as AI-powered platform improvements started offsetting headwinds later in the quarter, the brokerage stated.The company expects global growth in Q2 to be moderated by deliberate management and organizational changes to the international go-to-market structure, as well as high cross-border spend following US tariffs, according to the note.The brokerage reiterated its sector perform rating on the stock and boosted its price target to $23 from $17.Price: $23.26, Change: $+2.41, Percent Change: +11.56%

$PINS

Insider Trading55d ago

Constellium Se Insider Sold Shares Worth $1,596,000, According to a Recent SEC Filing

Philippe Hoffmann, President of A&T, on May 01, 2026, sold 50,000 shares in Constellium Se (CSTM) for $1,596,000. Following the Form 4 filing with the SEC, Hoffmann has control over a total of 144,153 ordinary shares of the company, with 144,153 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1563411/000156341126000163/xslF345X05/wk-form4_1777995526.xmlPrice: $32.92, Change: $+2.08, Percent Change: +6.74%

$CSTM

Wire55d ago

Lattice Semiconductor's AMI Acquisition Should Solidify Platform Level Capabilities, RBC Says

Lattice Semiconductor's (LSCC) acquisition of firmware supplier AMI should solidify the company's platform level capabilities and expand its server-artificial intelligence exposure, RBC Capital Markets said in a research note emailed Tuesday.The acquisition will enable Lattice Semiconductor to provide system-level solutions in secure management at the hardware-level and flexible control for power and cooling, while further increasing the company's exposure to server, artificial intelligence, and data center markets, RBC said.Noting the company's better-than-expected Q1 earnings, RBC said it now estimates fiscal 2026 earnings per share of $1.79 from $1.50 previously, and fiscal 2027 EPS of $2.31 from $1.96 previously, excluding AMI, based on core business strength.The firm raised its price target on Lattice Semiconductor to $140 from $118 and maintained its outperform rating.Price: $119.46, Change: $-6.11, Percent Change: -4.87%

$LSCC

Wire55d ago

Update: Market Chatter: Goldman Sachs-Backed Boyd Offers Deeply Discounted Loan

(Updates with Goldman Sachs' response in the third paragraph.)Boyd Corp., backed by Goldman Sachs Asset Management, is offering a deeply discounted loan to refinance its capital structure following the sale of its liquid-cooling business to Eaton (ETN), Bloomberg reported Monday.Initial talks on its $530 million loan involve an interest rate 4.5 percentage points above benchmark, that is being offered at a discounted price of as low as 92 cents on the dollar, the report said, citing a person with knowledge of the matter.Goldman Sachs declined to comment when contacted by.(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: $920.17, Change: $+16.90, Percent Change: +1.87%

$ETN$GS

Treasury55d ago

BMO on Provincial Bond Returns in Canada

Canadian long provincial returns were positive over the past month, as Government of Canada (GoC) yields were mostly steady, while spreads tightened, said Bank of Montreal (BMO).Long provincial spreads tightened by roughly 8bps through April as the budget season wound down, writes the bank in its "Provincial Credit Watch" note for May.The Bank of Canada remained on hold in April, and the market continues to price in rate hikes later in the year onconcern that high oil prices will lift and broaden core inflation in Canada.From a year ago, long provincials continue to outperform GoCs, although with a "modest" 1.5% total return, stated BMO.All provinces saw spreads tighten through April, with no major standout performers, pointed out the bank. With the budget season now complete, British Columbia continues to trade behind Ontario as its credit rating has deteriorated.Alberta and Saskatchewan tabled budgets just before the Iran conflict lifted oil prices, but the market has tightened those spreads back in line with Ontario, added BMO. Quebec, ahead of an uncertain political cycle this fall, continues to trade behind Ontario.

$CXY

Wire55d ago

Air Products Could Cancel Darrow Investment Unless Yara Agrees to Higher Costs, RBC Says

Air Products and Chemicals' (APD) final investment decision on its Darrow project in Louisiana is approaching in mid-2026, and management might consider cancelling it unless its partner Yara International is on board with higher costs, RBC Capital Markets said Monday in a note.The company's helium supply chain remains robust due to multiple sources and long-term partnerships, a storage cavern, and a container fleet that can bypass conflict-affected areas in the Middle East, according to the note.Its other wins include supplying Samsung's new semiconductor fab in South Korea, a new air separation unit in Florida to support NASA and other space customers, and $1 billion of other air separation unit and hydrogen projects in Asia for semiconductor and memory customers, the brokerage said.RBC raised fiscal Q3, fiscal 2026, and fiscal 2027 earnings per share estimates to $3.30, $13.10, and $14.05 from $3.26, $13, and $13.95, respectively.RBC maintained an outperform rating on Air Products and Chemicals and raised the price target to $341 from $338.Price: $301.29, Change: $+2.94, Percent Change: +0.99%

$APD

Commodities55d ago

EU, Moldova Strengthen Energy Cooperation, Advance Accession Efforts

The European Commission and Moldova held their 7th High-Level Energy Dialogue on Tuesday, reinforcing cooperation on energy security and market integration.EU Energy Commissioner Dan Jorgensen and Moldova Energy Minister Dorin Junghietu co-chaired the meeting in Brussels, with the Energy Community Secretariat also participating."The world is facing what is arguably the most severe energy crisis in its history... testing the resilience of our economies, our societies, and our partnerships," Jorgensen said, adding that the EU-Moldova energy partnership remains strong and forward-looking."We share a clear and pressing interest in deepening our cooperation even further. As Moldova progresses along its path toward European Union accession, building a secure, sustainable, and independent energy system remains a central pillar of our joint efforts," Jorgensen added.The discussions centered on energy security, seasonal preparedness, and reforms in electricity and natural gas markets, alongside infrastructure development priorities.Participants also focused on renewable energy expansion and energy efficiency measures, as both sides aim to modernize Moldova's energy system and align it with European standards as part of its path to European Union accession.The bloc reaffirmed continued political, technical and financial support for Moldova, as the dialogue, launched in 2021, remains a key platform for advancing cooperation.

Wire55d ago

Norwegian Cruise Line Likely to See Prolonged Turnaround, Morgan Stanley Says

Norwegian Cruise Line (NCLH) could see a prolonged turnaround after the company cut its 2026 guidance on declining yields and higher fuel costs, Morgan Stanley said in a note Tuesday."The sudden change in yield guidance implies a material deterioration in a short window given ~80%+ of a quarter outis already booked," the report said.The company also reported $125 million in run-rate SG&A savings, including targeting marketing efficiencies, that could negatively impact its revenue, it added."We lower our estimates to be at low end of guidance this year & anticipate a prolonged turnaround," the note said.The company took ownership of missteps, but trends have decelerated across cruise, the note said, adding that effectuating change is challenging amid elevated debt levels.Morgan Stanley cut its price target to $20 from $23 while keeping its equal-weight rating.Price: $17.25, Change: $+0.05, Percent Change: +0.26%

$NCLH

Research55d ago

Gibson Energy Maintained at Hold at TPH Following Q1 Results; Price Target at C$28.00

Tudor, Pickering, Holt on Tuesday maintained its hold rating on the shares of Gibson Energy (GEI.TO) with a C$28.00 price target following first-quarter results from the oil infrastructure and marketing company."light Negative. GEI reported Q1'26 Adj. EBITDA of C$139MM, below both TPHe at C$146MM and consensus of C$144MM, primarily driven by a rise in G&A costs and a restructuring charge. Infrastructure Adj. EBITDA was C$156MM (TPHe C$154MM), a modest beat supported by higher throughput volumes (+14% y/y to 221MM bbls) across all major facilities, though revenue was lower, which management attributed to geopolitical disruptions affecting demand for certain services at Gateway. Marketing Adj. EBITDA came in at C$3MM (TPHe C$2MM), as higher crude differentials and volatility in March offset continued headwinds from Canadian heavy oil backwardation and TMX-related flow shifts. Company-level G&A came in at ~C$19MM (TPHe C$11MM), reflecting continued investments in technology, cost allocation changes from the restructuring, and commercial team expansion. The company also incurred C$8MM of restructuring costs related to a headcount reduction, with C$4MM of the cash portion added back in the DCF calculation," analyst AJ O'Donnell 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://www..com/contact-us)Price: $28.52, Change: $-1.66, Percent Change: -5.50%

$GEI.TO

Commodities55d ago

PSEG Q1 Generation Dips While Electricity, Gas Sales Increase

Public Service Enterprise Group (PEG) reported Q1 earnings on Tuesday, with nuclear generation slipping while electricity and gas sales volumes increased from a year earlier.PSEG produced about 7,989 gigawatt-hours of nuclear energy in Q1, down from 8,355 GWh a year earlier.The company's New Jersey nuclear fleet generated 5,092 GWh for the quarter ended March 31, compared with 5,464 GWh a year earlier, while Pennsylvania output rose slightly to 2,897 GWh from 2,891 GWh in the year-ago period.PSEG delivered total electricity sales of 10.371 terawatt-hours in Q1, up 4% from a year earlier, including 3.49 TWh from residential customers and 6.78 TWh from commercial and industrial users.Total natural gas sales and transported volumes reached 1,464 million therms in the quarter, up 7% from the year-ago period.In the firm sales segment, residential gas sales were 792 million therms for the quarter, up 6% from a year earlier, while commercial and industrial firm sales were up 3% at 511 million therms.Non-firm gas sales climbed to 161 million therms for the quarter, up 24% from a year earlier.The company is advancing a capital spending plan of about $4.2 billion for 2026, focusing on infrastructure modernization, energy efficiency programs and electrification initiatives across its regulated operations.PSEG has launched its GSMP III program, representing about $1.4 billion in planned investment over three years.The company replaced about 165 miles of gas mains and 30,400 associated services over the trailing 12 months, compared with prior system levels, as it continued reducing methane emissions across its network.Price: $80.87, Change: $+0.42, Percent Change: +0.52%

$PEG

Wire55d ago

BNP Paribas Adjusts CRH Price Target to $157 From $152, Maintains Outperform Rating

CRH public company (CRH) has an average rating of Buy and mean price target of $143.93, 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://www..com/contact-us)Price: $113.20, Change: $+2.40, Percent Change: +2.17%

$CRH

Commodities55d ago

WEC Energy Posts Higher Q1 Electricity Sales, Gas Volumes Dip

WEC Energy (WEC) reported Q1 earnings on Tuesday, showing retail electricity sales volumes in the Wisconsin segment rose 1.6% gigawatt-hour, compared to the same period a year ago.The utility said excluding mining, retail electricity sales increased 1.1%.WEC Energy said sales volumes grew 2.7% year over year, driven by demand from commercial and industrial customers. Total commercial and industrial electricity sales increased by 4. Residential demand was broadly flat, edging up 0.2%.Residential gas sales, in contrast, dropped 4% y-o-y, while total commercial and industrial volumes were 4.7%. Overall retail natural gas sales volumes declined 4.3%, or 2.5% on a weather-normalized basis.WEC Energy said transport volumes, excluding power generation, were down 2%, while total gas sales volumes, excluding power generation, fell 3.5%.The company said total megawatt-hour sales dropped 3.3% to 10.28 terawatt-hours in Q1, compared with 10.62 TWh for the same period a year ago.The energy firm forecasts total retail electricity sales to grow about 1.5% in 2026, with stronger gains of 5.1% expected in the commercial and industrial segment.Retail electricity sales during the quarter edged up 1.6% y-o-y to 9 TWh. Sales to commercial and industrial users rose 4% to 2.97 TWh, while small commercial and industrial demand increased 0.7% to 3.21 TWh. Residential sales were broadly stable, inching up 0.2% to 2.80 TWh.Price: $116.47, Change: $+0.03, Percent Change: +0.03%

$WEC

Wire55d ago

Keysight Technologies, CATARC Set Up Joint Lab for NEV Charging Test Technology

Keysight Technologies (KEYS) and China Automotive Technology and Research Center's New Energy Vehicle Inspection Center established a joint innovation laboratory for charging test technology under an expanded collaboration, the company said Tuesday.Financial details weren't provided.Through the joint facility, the company said it will combine its electrification and validation capabilities with CATARC's testing and certification services to accelerate innovation in new energy vehicles testing and charging technologies.As part of the agreement, CATARC has adopted Keysight's vehicle-to-charger conformance testing services to support certification across European, North American and Chinese charging standards, the company said.Shares of Keysight were up more than 1% in Tuesday trading.Price: $355.80, Change: $+4.45, Percent Change: +1.27%

$KEYS

Mining & Metals55d ago

RBC Maintains Imperial Oil's Underperform Rating, C$124 Price Target After Q1 Results

RBC Capital Markets reiterated its underperform rating on the shares of Imperial Oil (IMO.TO, IMO) and C$124 price target after the oil producer and refiner reported its first-quarter results.Imperial delivered mixed results in the first quarter amid cash flow per share that was 25% lower year over year due to higher cash taxes, analyst Greg Pardy wrote.The company's total production was also down 1% due to the outage at the TC Energy Fort McKay Mainline and unplanned coker downtime at Syncrude."Our constructive stance towards Imperial Oil reflects its long-life, low-decline upstream portfolio, cash flow diversification via its refining and chemical segments, strong balance sheet, free cash flow generation, commitment to shareholder returns and solid operating performance," Pardy said.Price: $179.56, Change: $+1.91, Percent Change: +1.08%

$IMO.TO

Insider Trading55d ago

Vicor Insider Sold Shares Worth $1,899,694, According to a Recent SEC Filing

Andrew D'Amico, Director, on May 04, 2026, sold 7,512 shares in Vicor (VICR) for $1,899,694.SEC Filing:https://www.sec.gov/Archives/edgar/data/751978/000183019526000005/xslF345X05/primary_doc.xmlPrice: $262.18, Change: $+11.16, Percent Change: +4.44%

$VICR

Showing 31341-31360 of 48350