Financial News · Live Terminal

Page 1587 of 2379

Canadian Dollar Benefits From Oil Price Shock, Says Commerzbank

After years of depreciation, higher oil prices are helping the Canadian dollar (CAD or loonie) to appreciate, said Commerzbank.This is likely to be only a short-term rebound, however, unless the Canadian real economy recovers sustainably, thereby paving the way for interest rate hikes, writes the bank in a note to clients.The CUSMA trade deal negotiations, which are due to begin in July, will further complicate matters, stated Commerzbank.As a consequence, the bank continues to expect lower USD/CAD levels only in the second half of the year.Commerzbank predicts USD/CAD to be 1.37 at the end of June, 1.36 at the end of September and 1.35 and end of December 2026.

$CAD$CXY$USD/CAD

Mining & Metals55d ago

EnviroGold Announcing 99% Exercise Of Warrants Expiring April 30, 2026, Raising $3.56M

$NVRO.V

Research55d ago

Loop Capital Initiates Coverage on FirstService With Hold Rating, CA$190.41 Price Target

$FSV

Research55d ago

Jefferies & Co Initiates Coverage on COMPASS Pathways With Buy Rating, $18 Price Target

COMPASS Pathways (CMPS) has an average rating of Buy and mean price target of $20.97, 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)

$CMPS

Research55d ago

Wells Fargo Initiates Coverage on BeOne Medicines AG With Overweight Rating

$ONC

Research55d ago

Piper Sandler Initiates Coverage on First Tracks Biotherapeutics With Overweight Rating, $54 Price Target

First Tracks Biotherapeutics, Inc. (TRAX) has an average rating of Buy and mean price target of $39.43, 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)

$TRAX

Mining & Metals55d ago

Bombardier Announcing Conditional Notice of Redemption for All Outstanding 7.50% Senior Notes due 2029

$BBD-A.TO$BBD-B.TO

Mining & Metals55d ago

Bombardier Launching US$500M New Issuance of Senior Notes due 2035 to retire Senior Notes due 2029

$BBD-A.TO$BBD-B.TO

Mining & Metals55d ago

American Hotel Income Properties REIT LP Reviewing Strategic Alternatives

The board of American Hotel Income Properties REIT LP (HOT-UN.TO) has initiated a review of strategic alternatives to "maximize unitholder value", the company said Monday."AHIP has been making good progress on our plan to sell assets, reduce debt and strengthen our balance sheet," said John O'Neill, Chief Executive Officer. "As dispositions completed in 2025 and 2026 to date continue to demonstrate value for our portfolio beyond AHIP's current unit price, the Board is exploring strategic alternatives to bridge that gap."AHIP said it has not established a definitive timeline to complete the strategic review or any potential transaction and no decisions have been reached at this time. It added there can be no assurance that the engagement of financial advisor Baird or the strategic review will result in any transaction or initiative or, if a transaction or initiative is undertaken, as to the terms or timing of such a transaction or initiative. AHIP does not currently intend to disclose further developments in connection with or arising from the strategic review or in connection with any transaction, initiative or related matter, unless and until it is determined that disclosure is necessary or appropriate.Shares in AHIP edged up in Canada last Friday.

$HOT-UN.TO

Equities55d ago

Hess Midstream Q1 Earnings, Revenue Rise

Hess Midstream (HESM) reported Q1 earnings Monday of $0.68 per diluted share, up from $0.65 a year earlier.Analysts polled by FactSet expected $0.67.Revenue for the quarter ended March 31 was $390.1 million, up from $382 million a year earlier.Four analysts polled by FactSet expected $389.5 million.

$HESM

Research55d ago

Research Alert: CFRA Keeps Hold Opinion On Adss Of Wpp - Soft Q1, Recovery Expected In 2h

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:WPP's Q1 2026 net like-for-like (LFL) revenue declined 7% Y/Y to GBP2B, broadly in line with expectations and representing 23% of full-year forecasts, consistent with historical seasonality. The decline reflects prior client losses and cautious client spending, with management guiding for a mid- to high-single-digit decline in 1H 2026 and recovery in 2H 2026 as new business ramps. Global Integrated Agencies remained the key drag, down 7% Y/Y, led by WPP Media (-9% Y/Y), although trends improved sequentially from Q4, indicating early stabilization. Public Relations (-3% Y/Y) and Specialist Agencies (-2% Y/Y) were more resilient, supported by stronger new business in North America and stable niche demand. We maintain 2026 revenue at GBP13.8B and 2027 at GBP14B, and EPADS at GBP3.20 and GBP3.25, reflecting near-term margin pressure from operating deleverage and incentives, with recovery dependent on new business conversion, cost actions, and stabilization in client spending. We keep our Hold rating.

$WPP

Commodities55d ago

Equinor Extends Drilling, Well Service Contracts on Maturing Norwegian Continental Shelf

Norwegian oil company Equinor (EQNR) has extended supplier agreements for drilling and well services totaling around 17 billion Norwegian krone ($1.84 billion), it said on Monday, contracts the company says will help maintain output from the Norwegian continental shelf.The company said it was exercising one-year options under the three contracts and two-year options under 18 corporate framework agreements for specialist services linked to these deals.The latter specialist services are worth about 4.3 billion krone over two years and the drilling and well service agreements about 8.3 billion.The contracts were awarded to Baker Hughes Norge, Halliburton and SLB Norge while these companies plus another 15 suppliers have been awarded the agreements for specialist service provision.Equinor said the services these companies provide are of growing importance given the maturity of the shelf, meaning more work is required there to sustain production levels.The company aims to be approach 2035 with output of around 1.2 million barrels a day and it estimates about 70% of this will come from new wells by then, it said.

$EQNR

Mining & Metals55d ago

Power Nickel Provides Additional Assays from Lion Zone in Quebec

Power Metallic Mines' (PNPN.V) latest drilling continued to define the high-grade Lion zone within the Nisk project in Quebec.Additional assays from a winter 2026 drill program include 17.45 meters of 9.47% copper equivalent and 39 m of 5.66% copper equivalent.The results will support a mineral resource estimate expected in the third quarter, the company said.More assays from the mineral resource estimate drilling and regional exploration are expected in the coming days and weeks, Power Metallic Mines said.

$PNPN.V

Mining & Metals55d ago

Baylin Technologies Antennas Selected for Multi-Phase Antenna Upgrade Program in New York City

Baylin Technologies (BYL.TO) has received purchase orders totaling more than C$565,000.00 for its high-performance antennas from one of North America's largest providers of shared communications infrastructure, the company said Monday.

$BYL.TO

Research55d ago

DA Davidson Downgrades Vital Farms to Neutral From Buy, Adjusts Price Target to $16 From $47

Vital Farms (VITL) has an average rating of overweight and mean price target of $21.50, 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)

$VITL

Equities55d ago

UBS Adjusts Price Target on Chevron to $220 From $218, Maintains Buy Rating

Chevron (CVX) has an average rating of overweight and mean price target of $211.87, 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)

$CVX

Mining & Metals55d ago

Storm Exploration Announced Its 2026 Exploration Plans for VMS Target On Its 100% owned Gold Standard Project; Fell 8.7% Last Friday

$STRM.V

Equities55d ago

Earnings Flash (HESM) Hess Midstream Posts Q1 EPS $0.68, vs. FactSet Est of $0.67

$HESM

Mining & Metals55d ago

American Hotel Income Properties REIT LP Announcing Review Of Strategic Alternatives

$HOT-UN.TO

Mining & Metals55d ago

Baylin Technologies Antennas Selected for a Multi-Phase Antenna Upgrade Program in New York City

$BYL.TO

Showing 31721-31740 of 47575