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Wells Fargo Upgrades O-I Glass to Overweight From Equalweight, Price Target is $13

O-I Glass (OI) has an average rating of overweight and mean price target of $13.11, 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)

$OI

Research55d ago

Barclays Upgrades Casella Waste Systems to Overweight From Equalweight, Adjusts Price Target to $102 From $101

Casella Waste Systems (CWST) has an average rating of overweight and mean price target of $119.90, 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)

$CWST

International55d ago

Persian Gulf, Oil Outlooks Damp European Bourses Midday

European bourses tracked moderately lower midday Monday and oil prices again edged higher after unverified reports from Iranian news services claimed two missiles struck a US warship in the Strait of Hormuz.Petroleum stocks led gains on continental trading floors while bank, food and property shares lagged.Front-month North Sea Brent crude-oil futures were up 3.5%, at $111.91 a barrel in midday trades.Investors also eyed muted Wall Street futures amid higher closes overnight on Asian exchanges, led by a 4.6% gain on Taiwan's TWSE Index, while Seoul's KOSPI Index rose 5.1%.In economic news, the Eurozone manufacturing purchasing managers index logged at 52.2 in April, up from 51.6 in March, surpassing the 50-mark that separates growth from contraction, S&P Global reported.The pan-continental Stoxx Europe 600 Index was off 0.5% mid-session.The Stoxx Europe 600 Technology Index was down 0.2%, and the Stoxx 600 Banks Index lost 1.2%.The Stoxx Europe 600 Oil and Gas Index gained 0.2%, while the Stoxx 600 Europe Food and Beverage Index declined 0.7%.The REITE, a European REIT index, fell 0.7%.On the national market indexes, Germany's DAX was steady, and the FTSE 100 in London lost 0.1%. The CAC 40 in Paris was down 1%, and Spain's IBEX 35 eased 1.5%.Yields on benchmark 10-year German bonds were higher, near 3.07%.The Euro Stoxx 50 volatility index was up 4.8% at 23.71, indicating above-average volatility for European stock markets in the next 30 days, a negative signal. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.

^SXXP

Asia55d ago

SITC International Grants 12.6 Million Shares as Incentives

SITC International (HKG:1308) awarded over 12.6 million share awards to 711 participants of a 2024 incentive scheme, according to a Monday Hong Kong bourse filing.Of the total, 1.5 million and 100,000 respective awards were offered to Chairman Yang Xianxiang and Vice Chair Yang Xin, with the remaining grantees comprising various directors, employees, and related entity participants.Of the total award shares, nearly 1.1 million will be satisfied by shares currently held by a trustee, while 11.5 million will be satisfied by the issue of new shares, representing around 0.43% of the firm's issued share capital.Following the grant, the marine shipping services company will have 240.2 million shares available for future grant under the scheme mandate limit.

HKG:1308

International55d ago

US Dollar Rises Early Monday, Focus This Week on April Employment Data

The US dollar rose against its major trading partners early Monday, with the focus this week on Friday's April employment report.Monday's schedule is light, with factory orders data for March due to be released at 10:00 am ET, followed by an appearance by New York Federal Reserve President John Williams at 12:50 pm ET and the US Treasury's borrowing requirement announcement at 3:00 pm ET.Tuesday's highlights include international trade data for March, services data for April from S&P Global and ISM, job openings data for March, and new home sales data for February and March.ADP private payrolls data for April and the Treasury's refunding announcement are the key releases on Wednesday.Weekly jobless claims data, preliminary productivity data for Q3, and construction spending for February and March are the highlights on Thursday.The April employment report is the main release on Friday, followed by the preliminary University of Michigan consumer sentiment reading for May and wholesale inventories data for March.A quick summary of foreign exchange activity heading into Monday:EUR/USD fell to 1.1697 from 1.1721 at the Friday US close and 1.1756 at the same time Friday morning. Eurozone manufacturing PMI rose in April while investor confidence increased to a smaller negative in May, according to data released earlier Monday. European Central Bank Vice President Luis de Guindos is due to speak at 8:30 am ET. The next European Central Bank meeting is scheduled for June 11.GBP/USD fell to 1.3543 from 1.3573 at the Friday US close and 1.3619 at the same time Friday morning. Monday is a holiday in the UK, so there are no data on the schedule. The next Bank of England meeting is scheduled for June 18.USD/JPY rose to 157.1341 from 156.7482 at the Friday US close and 156.6033 at the same time Friday morning. Monday is a holiday in Japan, so there were no data released overnight. The next Bank of Japan meeting is scheduled for June 15-16.USD/CAD rose to 1.3610 from 1.3591 at the Friday US close and 1.3567 at the same time Friday morning. There are no Canadian data on Monday's schedule, but Bank of Canada Governor Tiff Macklem is due to speak at 3:30 pm ET. The next Bank of Canada meeting is scheduled for June 10.

$EUR/USD$GBP/USD$USD/CAD$USD/JPY

Commodities55d ago

Market Chatter: US Defense Department Delays 165 Onshore Wind Projects

The US Department of Defense has stalled about 165 onshore wind projects on private lands, with a combined capacity of around 30 gigawatts, due to national security concerns, the Financial Times reported Monday, citing the American Clean Power Association and other sources.The move demonstrates US President Donald Trump's broadening campaign against renewable energy. Trump has described wind projects as the "worst form of energy" and reportedly said his goal was "to not let any windmill be built."In March, Axios reported that at least 30 projects, which had completed negotiations, were awaiting signoff from the department.Developers and consultants cited by the FT Times said the number of projects facing approval delays has now risen, with another 30 having completed negotiations and received verbal signoffs, about 50 under negotiations, and a further 50 supposed to have been tagged "risk-free" based on previous process that typically takes only a few days to complete.Sources told the newspaper that project developers have faced setbacks since August 2025, including a lack of response from DoD, cancellations of meetings to discuss project status, and the termination of application processes.In early April, the department reportedly sent letters to developers saying it was reviewing its processes for determining the impact of energy projects on national security. The agency needs to approve wind projects to ensure they do not interfere with radar systems and do not pose risks to army facilities and flight paths, the newspaper said.The DoD and American Clean Power did not immediately respond to' requests for comment.Also citing national security concerns, the Trump administration had issued stop work orders on several offshore wind projects and other renewable energy developments on federal lands, although federal courts reversed some of these actions.To increase supply of fossil fuels, the US Department of the Interior in March had agreed with TotalEnergies (TTE) to redirect an almost $1 billion investment in US offshore wind to liquefied natural gas by reimbursing the company's expenses on offshore wind leases.(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.)

$TTE

Insider Trading55d ago

Sportradar Group Ag Insider Bought Shares Worth $842,820, According to a Recent SEC Filing

Marc Walder, Director, on April 30, 2026, executed a purchase for 66,000 shares in Sportradar Group Ag (SRAD) for $842,820. Following the Form 4 filing with the SEC, Walder has control over a total of 342,563 Class A ordinary shares of the company, with 342,563 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1836470/000110465926054469/xslF345X05/tm2613295-6_4seq1.xml

$SRAD

Asia55d ago

Mahamaya Steel's Sales Climb in April

Mahamaya Steel Industries (NSE:MAHASTEEL, BOM:513554) reported sales of 21,467.96 metric tons in April, higher than 13,982.83 metric tons in March, according to a Monday filing on Indian bourses.

BOM:513554NSE:MAHASTEEL

Research55d ago

Badger Infrastructure Solutions Upgraded at Raymond James

Badger Infrastructure Solutions Ltd. (BDGI.TO) was upgraded to Outperform from Market Perform at Raymond James.Analyst Frederic Bastien raised his price target on shares of the Canadian non-destructive excavating and related services provider to $77 from $73 following its Q1 results.The stock rose $12.66, or 19%, to $78.36 on the Toronto Stock Exchange on Friday."...With new truck builds stretching higher on accelerating demand and growth investments weighing less on profitability than expected, we see BDGI digging out from under the skepticism that followed its 4Q25 print," Bastien said in a note to clients.

$BDGI.TO

Asia55d ago

FWD Grants 14.9 Million Restricted Shares to Group CEO, Employees as Incentives

FWD (HKG:1828) granted nearly 14.9 million restricted share units (RSUs) to Group CEO Huynh Thanh Phong and 377 employees, according to a Monday Hong Kong bourse filing.Of the total, there are 6.3 million RSUs and 8.5 million performance-based RSUs, or those subject to other vesting conditions.A total of 590,539 RSUs and nearly 1.5 million performance-based RSUs were offered to Huynh.The life insurer now has over 102.9 million shares available for future grant under incentive plan mandate limit and 36.9 million shares under the service provider sublimit.

HKG:1828

Mining & Metals55d ago

Dynacor Group Says Received TSX Approval To Renew Normal Course Issuer Bid

$DNG.TO

Mining & Metals55d ago

Enghouse Moves To Buy Back Up To a Maximum of 3 Million Shares

Enghouse Systems Limited (ENGH.TO) intends to renew a normal course issuer bid for its common shares in accordance with requirements of the Toronto Stock Exchange, the company said Monday.Enghouse in a statement said while it continues to have "significant" cash reserves and "positive" cash flow, it is renewing its normal course issuer bid program because it believes that "from time to time" the market price of its common shares "may be attractive" and that at such times, the purchase of common shares would be in the best interest of the company and an appropriate use of corporate funds.The company may purchase up to a maximum of 3 million common shares representing on April 23, 2026 approximately 7.1% of the publicly listed float of 42,326,459 common shares, it said.Enghouse said on April 23, 2026, it had 54,386,859 outstanding common shares. It added the price at which the company may purchase such shares will be the market price at the time of acquisition and any common shares purchased under the bid will be cancelled. The actual number of common Shares that may be purchased and the timing of any such purchases will be determined by the company, subject to price, trading volume and other market considerations.Daily purchases, other than block purchases, will be limited to 62,060 common shares which is 25% of 248,243 common shares (being the average daily trading volume on the TSX for the six months ended March 31, 2026), it said. An automatic purchase plan will not be put in place at the commencement of the bid but may be put in place at some point in the future, it added.The bid will commence on May 7, 2026 and will terminate on May 6, 2027, unless the maximum number of shares that may be purchased thereunder has been acquired before that time. The purchases will be made through the facilities of the Toronto Stock Exchange and/or through any alternative trading systems in Canada. Pursuant to a previous notice of intention to conduct a normal course issuer bid, under which the company sought and received approval from the TSX to purchase up to 3,000,000 common shares for the period of May 7, 2025 to May 6, 2026, the company acquired 768,632 of its common shares.Shares in ENGH rose 2.6% last Friday on the TSX.

$ENGH.TO

Equities55d ago

Helix Energy Solutions Group Sells Shallow Water Abandonment Business for $107.5 Million

Helix Energy Solutions Group (HLX) said Monday it sold its Gulf-focused Shallow Water Abandonment business to C-Dive for $107.5 million in cash, subject to adjustments.The company said the deal, signed and closed May 1, follows its agreement with Hornbeck Offshore Services to combine and expand its offshore fleet and capabilities.Helix said the divestiture supports its shift toward deepwater operations, where the combined company aims to provide integrated subsea and marine transportation services across energy, defense and renewables.Shares of Helix Energy were up more than 1% in premarket activity Monday.

$HLX

Research55d ago

Piper Sandler Downgrades Esperion Therapeutics to Neutral From Overweight, Adjusts Price Target to $3.16 From $9

Esperion Therapeutics (ESPR) has an average rating of hold and mean price target of $3.55, 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)

$ESPR

Research55d ago

BofA Securities wngrades Check Point Software Technologies to Neutral From Buy, Price Target is $120

Check Point Software Technologies (CHKP) has an average rating of overweight and mean price target of $142.07, 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)

$CHKP

Wire55d ago

NAPCO Security Technologies Fiscal Q3 Adjusted Earnings, Revenue Rise

NAPCO Security Technologies (NSSC) reported fiscal Q3 adjusted earnings Monday of $0.39 per share, up from $0.28 a year earlier.Three analysts surveyed by FactSet expected $0.33.Revenue for the quarter ended March 31 was $49.2 million, up from $44 million a year earlier.Analysts polled by FactSet expected $49.3 million.The company maintained a quarterly dividend of $0.15 per share, payable July 3 to shareholders of record June 12.Shares of the company were up over 4% in Monday premarket activity.Price: $49.00, Change: $+2.28, Percent Change: +4.88%

$NSSC

US Markets55d ago

Stocks Mostly Down Pre-Bell as Traders Assess Middle East Developments, Await Fresh Labor Data

The benchmark US stock measures were mostly pointing lower before the opening bell Monday as investors assess the latest developments in the Middle East involving the Strait of Hormuz and await fresh labor market data later in the week.The S&P 500 fell 0.1% and the Dow Jones Industrial Average declined 0.3% in premarket activity, while the Nasdaq was slightly in the green. The S&P 500 and the Nasdaq closed Friday's trading session with new record highs, while the Dow finished in the red.In a social media post on Sunday, President Donald Trump said the US will start guiding some neutral ships "locked up" in the Strait of Hormuz out of the crucial waterway. The initiative, dubbed "Project Freedom," is scheduled to begin on Monday, Trump said."These are ships from areas of the world that are not in any way involved with that which is currently taking place in the Middle East," according to Trump. "If, in any way, this humanitarian process is interfered with, that interference will, unfortunately, have to be dealt with forcefully."US Central Command said Sunday it will provide military support to restore commercial shipping through the strait, including the use of guided-missile destroyers.Iran's Fars news agency said two missiles hit a US warship in the Strait of Hormuz, Reuters reported Monday. US Central Command reportedly said that no US navy ships had been struck.Iran reportedly said Sunday it's reviewing a response from Washington to its latest offer for a peace deal, CNBC reported, citing Iranian state media. Tehran had reportedly sent an updated proposal to the US through Pakistani mediators.West Texas Intermediate crude oil climbed 4.7% to $106.76 a barrel before the open, while Brent advanced 4.8% to $113.37.Investors will be looking ahead to fresh labor market data later this week, beginning with the Job Openings and Labor Turnover Survey for March on Tuesday, followed by the ADP employment report for April on Wednesday. The Challenger Job Cut report and the government's nonfarm payrolls data, both for last month, are scheduled to be released on Thursday and Friday, respectively.Treasury yields were moving higher in premarket action, with the two-year rate inclining 3.9 basis points to 3.93% and the 10-year rate gaining 3 basis points to 4.41%.Federal Reserve Bank of New York President John Williams is slated to speak at 12:50 pm ET.Several major companies are expected to release their latest financial results this week, including Advanced Micro Devices (AMD), Walt Disney (DIS), McDonald's (MCD), Uber Technologies (UBER), Shopify (SHOP) and Pfizer (PFE).Palantir Technologies (PLTR) is set to announce its earnings after the markets close, while Tyson Foods (TSN) posts its results before the bell, among others.Shares of eBay (EBAY) jumped 10% pre-bell after video game retailer GameStop (GME) said it has sent a proposal to acquire the e-commerce company in a deal worth about $55.5 billion. Nebius' (NBIS) US-listed stock increased 2.5%.Gold fell 1.9% to $4,555 per troy ounce, while bitcoin nudged up 0.3% to $79,000.

Dow JonesNasdaq CompositeS&P 500$AMD$DIS$EBAY$GME$MCD$NBIS$PFE$PLTR$SHOP$TSN$UBER

Research55d ago

Jefferies Downgrades Esperion Therapeutics to Hold From Buy, Adjusts Price Target to $3.28 From $5

$ESPR

Research55d ago

TC Energy Price Target Raised at RBC, TD, CIBC

Analysts at RBC Capital Markets, TD Securities and CIBC Capital Markets raised their price targets on TC Energy Corp. (TRP.TO, TRP).RBC analyst Maurice Choy increased his target on shares of the Calgary-based energy company to $95 from $92, and maintained an Outperform rating following its quarterly results."Amid the in line Q1/26 results and reaffirmation of near-term guidance ranges reinforcing TC Energy's operational momentum, the core of the company's growth stock investment thesis remains solidly intact," Choy said in a note to clients."Backed by a balance sheet that is tracking toward the 4.75x debt/EBITDA target, we believe TC Energy's capital-efficient growth model is working as designed," the analyst said.TD analyst Aaron MacNeil raised his price target to $90 from $88, and maintained a Hold rating."Q1/26 reinforced TC's US-centric growth opportunity, with Appalachia establishing a scalable platform with clear multiple compression over time, while oversubscribed Crossroads/ Columbus open seasons and growing backlog point to accelerating, capital-efficient growth through 2030, without compromising balance sheet discipline," MacNeil said in a note to clients.CIBC Analyst Robert Catellier raised his target on the stock to $94 from $89, and maintained an Outperformer rating."TRP's Q1 results marked a continuation of steady execution and operational strength across its systems, but the bigger takeaway is the expanding growth pipeline and increased visibility into scalable, in-corridor expansions to serve robust power demand," Catellier said in a note to clients."Recent oversubscribed seasons point to additional project FIDs in 2026."

$TRP$TRP.TO

Research55d ago

HSBC Downgrades Advanced Micro Devices to Hold From Buy, Adjusts Price Target to $340 From $335

Advanced Micro Devices (AMD) has an average rating of overweight and mean price target of $310.28, 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)

$AMD

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US Markets55d ago

Stocks Mostly Down Pre-Bell as Traders Assess Middle East Developments, Await Fresh Labor Data

Dow JonesNasdaq CompositeS&P 500$AMD$DIS$EBAY$GME$MCD$NBIS$PFE$PLTR$SHOP$TSN$UBER