Financial News · Live Terminal

Page 1572 of 2413

Flint Secures $319 Million in New Contracts, Renewals

Flint (FLNT.TO) has secured new contract awards and renewals that are estimated to generate $319 million of work, the company said on Tuesday.These awards are in addition to the $46.5 million of awards and renewals secured in the first two months of this year.Slightly over one-third (37%) of the newly secured work is expected to be executed in 2026, with the balance scheduled for 2027-2030."These awards extend our contracted backlog through 2030 and reflect the confidence our customers continue to place in FLINT's people and service delivery. The $365.5 million of awards and renewals secured in 2026, combined with all awards secured in 2025, strengthen our forward revenue visibility," said chief executive Barry Card.Flint shares closed down $0.01, to $1.68 on the Toronto Stock Exchange on Monday.

$FLNT.TO

Asia Markets55d ago

US Equity Futures Gain Pre-Bell as Traders Keep Eye on Potential Re-Escalation of Middle East Hostilities

US equity futures were higher pre-bell Tuesday as traders kept a close watch on the potential re-escalation of hostilities in the Middle East.Dow Jones Industrial Average futures were 0.4% higher, S&P 500 futures were up 0.5%, and Nasdaq futures were 0.8% higher.The UAE said that it was attacked by Iranian drones and missiles, while the US said it sank Iranian boats in the Strait of Hormuz.President Donald Trump had said that the US would help guide vessels stranded in the Persian Gulf. In a post Monday on Truth Social, he said that a South Korean cargo ship had been damaged by Iran, but the US had shot down seven Iranian small boats."Other than the South Korean Ship, there has been, at this moment, no damage going through the Strait," Trump said.Traders digested the latest round of earnings, with Palantir Technologies (PLTR) and Vertex Pharmaceuticals (VRTX) reporting higher Q1 adjusted earnings and revenue. HSBC (HSBC) also posted an increase in Q1 earnings and revenue.Oil prices were lower, with front-month global benchmark North Sea Brent crude down 2.2% at $111.91 per barrel and US West Texas Intermediate crude 3.2% lower at $103.04 per barrel.The US international trade deficit widened to $60.31 billion in March from a $57.78 billion gap in February, compared with a $61.0 billion gap expected in a survey compiled by Bloomberg as of 7:40 am ET.The S&P Global purchasing managers' index composite final report for April, due at 9:45 am ET, is seen reporting 52.1 versus 52.0 previously.March new home sales report, due at 10 am ET, is expected to post a 652,000 annual rate. The April Institute for Supply Management's services index is projected at 53.7 versus 54.0 previously. March job openings from the US Department of Labor's Job Openings and Labor Turnover Survey are expected to come in at 6.850 million compared with 6.882 million in the prior month.Federal Reserve Vice Chair for Supervision Michelle Bowman and Fed Governor Michael Barr are due to speak today.In other world markets, Japan's Nikkei and China's Shanghai Composite were closed due to public holidays. Hong Kong's Hang Seng ended 0.8% lower. The UK's FTSE 100 was down 1.4%, and Germany's DAX index was 1.6% higher in Europe's early afternoon session.In equities, Intel (INTC) shares were up 3.8% after Bloomberg reported the Apple (AAPL) has held early discussions with the company and Samsung Electronics on producing key device processors in the US. Anheuser-Busch InBev (BUD) stock was up 6.6% after the company reported fiscal Q1 underlying earnings and revenue that beat analysts' estimates. Pinterest (PINS) shares were up 18% after the company posted higher Q1 non-GAAP earnings and revenue that beat analysts' consensus.On the losing side, Palantir and HSBC shares were down 1.3% and 3.9%, respectively, after they reported Q1 financial results. Shopify (SHOP) stock was 5.9% lower after the company reported a Q1 loss while analysts expected earnings.

Dow JonesNasdaq CompositeS&P 500$AAPL$BUD$HSBC$INTC$PINS$PLTR$SHOP$VRTX

Research55d ago

Research Alert: Rockwell Automation Lifts Outlook As Software Strength Powers Q2 Fy 26 Beat

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Rockwell Automation (ROK) delivered Q2 FY 26 (Sep.) results well above expectations, with sales reaching $2.2B (+12% Y/Y, +9% organic) and operating EPS of $3.30 (+32% Y/Y) vs. the consensus forecast of $2.88. The strong performance stemmed from operational execution and broad-based demand recovery in key business segments. Software & Control remained the growth engine, generating $684M in sales (+20% Y/Y) with operating margin expanding to an impressive 34.9% from 30.1% in the prior year, while Intelligent Devices hit $1B in sales (+13% Y/Y) with margin improving to 20.9% from 17.7%. ROK raised FY 26 EPS guidance to $12.50-$13.10 from $11.40-$12.20, reflecting a firming growth backdrop and increased confidence. The company sees solid momentum in the warehouse automation, data center, semiconductor, and energy end markets, with the high-margin software business bolstering earnings quality through volume growth and strong price realization, as favorable mix tailwinds support overall profitability expansion.

$ROK

International55d ago

Redbook US Same-Store Sales Rise in Week Ended May 2

Redbook US same-store sales rose by 7.8% from a year earlier in the week ended May 2 after a 7.7% year-over-year increase in the previous week."Warmer weather and Mother's Day promotions are boosting sales of seasonal clothing and accessories as the day approaches," Redbook noted.Through the fourth selling week for April, sales were up 7.3% compared with April 2025, higher than the target for a 7.2% gain, Redbook said. The initial target for the May sales month is for a 7.7% gain.

International55d ago

Redbook US Same-Store Sales Rise 7.8% Year-Over-Year in Week Ended May 2 After Prior 7.7% Gain

Oil & Energy55d ago

Market Chatter: Iraq Offers Steep Discounts on May-Loaded Basrah Crude Within the Hormuz

Iraq is offering term buyers steep discounts on May-loading Basrah crude, with cuts of up to $33.40 per barrel amid ongoing export disruptions, according to a Reuters report, citing a note from Iraq's State Oil Marketing Organization, or Somo.This is for loading on the Strait of Hormuz, which remains effectively closed for the tenth week running, amid the ongoing military conflict in Iran.Basrah Heavy crude for May loading is also being marketed at a discount of $30 per barrel to its original selling price, the document reportedly showed, with cargoes being sold on a free-on-board basis from the Basrah Oil Terminal and Single Point Moorings, both located within the Hormuz.In 2025, the country exported 3.33 million barrels of crude per day on average, with the bulk of its shipments destined for Asia, according to Reuters, citing data from Kpler.Its exports have slowed sharply since the conflict began, with just two vessels being loaded at Basrah in April, and only one successfully making it through the Strait, Reuters reported, citing Kpler.Somo did not immediately respond to' request for a comment on this matter.(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.)

Asia55d ago

Kisan Mouldings Chairman and Managing Director Resigns

Kisan Mouldings (BOM:530145) said chairman and managing director, Sanjeev Amarnath Aggarwal, has resigned, effective May 05, citing "pre-occupation in other assignments", according to an Indian bourse filing on Tuesday.

BOM:530145

Equities55d ago

UBS Adjusts Price Target on Ecopetrol to $13.50 From $10, Maintains Neutral Rating

Ecopetrol (EC) has an average rating of underweight and mean price target of $12.70, 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)

$EC

Equities55d ago

UBS Adjusts Price Target on HF Sinclair to $80 From $65, Maintains Buy Rating

HF Sinclair (DINO) has an average rating of overweight and mean price target of $72.69, 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)

$DINO

Mining & Metals55d ago

Colliers Down 3% In US Premarket As It Posts Q1 Adjusted Earnings Miss, Leaves Outlook Unchanged

Colliers International Group (CIGI.TO, CIGI) was down 3% in US premarket trade at last look Tuesday after it reported a miss on its first quarter adjusted earnings, even though both the adjusted earnings and revenues were up on a year earlier, and said its outlook for 2026 remains unchanged, while including the impact of Ayesa Engineering.The company's first quarter adjusted EPS was US$0.91, compared to $0.87 per share in the corresponding year-ago quarter. The consensus estimates compiled by FactSet for Non GAAP EPS was $0.94 per share.First quarter revenues were $1.31 billion, up from $1.14 billion in the year-ago quarter. Net revenues for the first quarter were $1.15 billion, compared to $993.7 million in the year-ago quarter.The company said its outlook for 2026 remains unchanged and includes the impact of Ayesa Engineering, which is expected to close in late May, while it added the outlook drivers by segment are also unchanged."Colliers delivered a strong start to 2026, demonstrating the strength and durability of our diversified professional services and investment management platform," said Jay S. Hennick, Global Chairman and Chief Executive Officer."We executed to plan in a still uneven operating environment, with continued momentum in our resilient businesses and ongoing improvement in Commercial Real Estate transaction activity. Importantly, our results underscore the platform we've built -- a global business designed to perform through every stage of the economic cycle."During the quarter, we strengthened our leadership team to capitalize on expanding opportunities across Commercial Real Estate and Engineering. We enhanced our financial flexibility with $400 million of long-term debt financing and we extended our revolving credit facility -- positioning us to integrate the acquisition of Ayesa Engineering, which we expect will close later this quarter."Shares in CIGI eased 0.8% in Canada and the United States yesterday.

$CIGI.TO

Treasury55d ago

Canada's Merchandise Trade Swings to Surprise Surplus in March on Metals, Gold, Energy Product Exports

Canada's merchandise trade balance with the world went from a deficit of $5.1 billion in February to a surplus of $1.8 billion in March as exports rose 8.5% month over month, while imports fell 1.6%, said the country's statistical agency on Tuesday.March's surplus -- the first since September 2025 -- topped a $2.50 billion consensus deficit figure provided by MUFG.Amid the uncertainty surrounding the economic repercussions stemming from the conflict in Iran, some product sections saw sharp movements, noted Statistics Canada.In particular, exports of metal and non-metallic mineral products and of energy products posted the largest monthly increases. Excluding these two product sections, exports increased more moderately, or 1.1% month over month, in March.Overall, gains were observed in seven of the 11 product sections. The increase in prices had a significant impact on the growth in exports in March; in real (or volume) terms, total exports edged down 0.3%.The trade surplus with the United States widened to $7.1 billion in March, from $2.9 billion in February, as exports gained 8.3% and imports slipped 1.2%, pointed out StatsCan. March holds the highest surplus since September 2025.Canada's trade deficit with countries other than the U.S. narrowed from $8.0 billion in February to $5.3 billion in March, as exports added 9.1% and imports fell 2.2%. This was the smallest deficit since January 2021.

$CXY

Equities55d ago

Peabody Energy Swings to Q1 Loss, Revenue Rises; Shares Down

Peabody Energy (BTU) reported a Q1 loss Tuesday of $0.27 per diluted share, swinging from earnings of $0.27 a year earlier.Analysts surveyed by FactSet expected earnings of $0.09.Revenue for the quarter ended March 31 was $973.3 million, up from $937 million a year earlier.Analysts polled by FactSet expected $977.4 million.Shares of the company were down 4.3% in recent Tuesday premarket activity.

$BTU

Sectors55d ago

Oil Prices Ease as the Iran War Ceasefire Holds After Monday's Attacks

Oil traded lower early on Tuesday with the ceasefire between the United States and Iran seen holding, calming Monday's gains as violence in the Persian Gulf eased.West Texas Intermediate crude oil for June delivery was last seen down US$3.48 to US$102.94 per barrel, after rising 4.4% on Monday, while July Brent oil was down US$1.85 to US$112.59.Hostilities in the Iran war picked up on Monday as Iran attacked the United Arab Emirates' Fujairah oil port on the Gulf of Oman, which had been continuing to export oil since the Feb. 28 start to the war, even as Persian Gulf supply remains trapped behind the Strait of Hormuz. It also fired on U.S. warships, claiming to have struck one naval vessel with two missiles, which was denied by the U.S. military.The United States responded by attacks on Iranian fast boats while President Trump said the United States will begin guiding ships through the Strait. Reuters reported the Alliance Fairfax, a U.S.-flagged vehicle carrier, transited the Strait on Monday accompanied by the U.S. military.Still, despite the strikes, reports said U.S. Defense Secretary Pete Hegseth, speaking at a Tuesday morning press conference, said the ceasefire remains in effect while promising to continue to press to open the Strait of Hormuz.Still, the war has produced the largest-ever oil supply shock as the closure of the Strait blocked exports from the Persian Gulf, which supplied 20% of daily oil demand, keeping oil prices near four-year highs, with any relief unlikely until a peace deal is reached despite U.S. efforts to reopen the waterway."Despite US plans to restore shipping, security risks may keep the route closed until a US-Iran deal, sustaining concern over energy prices," Saxo Bank wrote.

$CLM6$LCON6$USO

Equities55d ago

Sector Update: Energy

Energy stocks were lower premarket Tuesday, with the State Street Energy Select Sector SPDR ETF (XLE) retreating 0.2%.The United States Oil Fund (USO) fell by 1.8%, while the United States Natural Gas Fund (UNG) fell by 0.5%.Front-month US West Texas Intermediate crude oil was down 2.4% to $103.85 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil declined 1.6% to $112.63 per barrel, and natural gas futures were 1.3% lower at $2.83 per 1 million British Thermal Units.Enlight Renewable Energy (ENLT) stock rose more than 4% before the opening bell after the company reported higher-than-expected Q1 earnings and revenue.

$ENLT$UNG$USO$XLE

Research55d ago

Research Alert: Kkr & Co., Inc. Reported Solid Q1 2026 Results

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:KKR delivered strong Q1 2026 results with operational earnings of $1.47/share, up 19% Y/Y, and Fee Related Earnings of $1.0B ($1.13/share), up 24% Y/Y, driven by 30% growth in management fees to $1.2B. Total AUM reached $758B, up 14% Y/Y, with fee paying AUM of $615B, up 17% Y/Y. We believe the firm's $286B in carry eligible AUM above cost provides sustainable earnings potential, while broad-based performance showed PE up 10% LTM and solid gains across Real Assets and Credit segments. The strategic acquisition of Arctos Partners adds $16B in sports-focused AUM and establishes KKR Solutions as a new business line. We view KKR's $22B quarterly deployment activity and $97B LTM capital invested as evidence of strong market positioning. The firm maintains a robust balance sheet with $13.0B in cash and investments, while returning significant capital through a 5% dividend increase to $0.195/share and $317M in share repurchases, supported by an enhanced automatic buyback program.

$KKR

Mining & Metals55d ago

Mineros Secures Environmental Certification for Porvenir Processing Plant, Tailings Storage Facility

Mineros SA (MSA.TO) has secured environmental certification from the Attorney General's Office in Nicaragua for the processing plant and tailings storage facility at the Porvenir operation, the company said Tuesday.The company is currently focused on advancing other permits, including specific forest management and treated wastewater discharge authorizations, to commence construction.Mineros expects to complete submission of forest management authorization documentation by the end of the second quarter, with approvals anticipated by the end of the fourth quarter.Mineros is also evaluating accelerating the project timeline, including potentially commencing detailed engineering, following the "robust" results of a preliminary feasibility study in March.The company plans to provide updated guidance on a construction timeline and capital requirements in late 2026.

$MSA.TO

Sectors55d ago

Sector Update: Financial

Financial stocks were mostly higher pre-bell Tuesday, with the State Street Financial Select Sector SPDR ETF (XLF) gaining by 0.5%.The Direxion Daily Financial Bull 3X Shares (FAS) rose by 1%, and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1.2% lower.HSBC (HSBC) shares were down more than 4% after the company reported lower-than-expected Q1 earnings.

$FAS$FAZ$HSBC$XLF

International55d ago

March US Trade Deficit Widens as Imports Rise More Than Exports

The US international trade deficit widened to $60.31 billion in March from a $57.78 billion gap in February, compared with a $61.0 billion gap expected in a survey compiled by Bloomberg as of 7:40 am ET.Imports rose more than exports, widening the deficit.Imports of auto supplies, consumer goods, capital goods, industrial supplies and food and beverages all increased in the month.Exports of industrial supplies, food and beverages, auto supplies and capital goods all increased in March, while exports of consumer goods decreased.

Sectors55d ago

Sector Update: Health Care

Health care stocks were higher premarket Tuesday, with the State Street Health Care Select Sector SPDR ETF (XLV) gaining by 0.1% and the iShares Biotechnology ETF (IBB) advancing 0.2%.IDEXX Laboratories (IDXX) shares rose more than 3% pre-bell after the company reported higher Q1 comparable earnings and revenue.

$IBB$IDXX$XLV

Research55d ago

Research Alert: Shop Q1: Growth Continues To Outpace Expectations; Outlook Signals Deceleration

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:SHOP posted Q1 revenue growth of 34% to $3.17B, beating our 31% forecast and exceeding the company's guided low-30% growth rate, as merchant solutions revenue surged 39% to $2.42B. GMV surpassed $100B for the first time, reaching $100.7B (+35%), marking a significant milestone that underscores ongoing platform adoption and merchant engagement. SHOP demonstrated strong operational leverage with operating income growing 88% to $382M despite continued investments in AI and platform expansion, reflecting disciplined expense management. For Q2, SHOP guided revenue growth to a high-twenties percentage rate, representing a deceleration from Q1's 34% pace but near consensus expectations of 27%. FCF margins are expected to remain in the mid-teens as the company continues investing in platform capabilities and AI infrastructure. SHOP ended Q1 with $5.7B in cash and no debt, providing flexibility for growth initiatives. We note that tougher comparisons make the decelerating growth unsurprising.

$SHOP

Showing 31421-31440 of 48242

Asia Markets55d ago

US Equity Futures Gain Pre-Bell as Traders Keep Eye on Potential Re-Escalation of Middle East Hostilities

Dow JonesNasdaq CompositeS&P 500$AAPL$BUD$HSBC$INTC$PINS$PLTR$SHOP$VRTX