Financial News · Live Terminal

Page 187 of 3264

Market Chatter: Fire Reported at Saudi Aramco's Jazan Site Following Houthi Claim

Satellite images showed a fire at Saudi Aramco's Jazan refinery after Yemen's Houthi movement claimed it attacked the facility over the weekend, Bloomberg reported Monday.The imagery appeared to show one storage tank burning and smoke rising from a nearby flare stack at the 400,000-barrel-a-day refinery. The report said the visible damage looked confined to part of the storage area, while the effect on operations remained uncertain.The Houthis said the weekend attacks on Jazan and Yanbu formed part of their response to Saudi restrictions on Yemeni ports, after the group announced plans last week to blockade the country.Saudi Arabia's Ministry of Energy and Saudi Aramco did not immediately reply 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.)

International5d ago

Dallas Fed July Manufacturing Index Rises Less than Expected, Now Indicates Expansion

The Dallas Fed's monthly manufacturing index rose to a reading of 1.3 in July from 0.0 in June, below expectations for a larger increase to a reading of 2.0.For Dallas, there were gains in the readings for production, new orders and shipments, but declines in the readings for employment and prices paid.The reading for the company outlook jumped to 13.4 from 2.3 in June.

Asia Markets5d ago

Asian Equities Traded in the US as American Depositary Receipts Rise in Monday Trading

Asian equities traded in the US as American depositary receipts kicked off the week higher Monday morning, rising 0.33% to 2,880.93 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by online game developer The9 (NCTY) and brand platform Baozun (BZUN), which surged 39% and 12% respectively. They were followed by used car marketplace Uxin (UXIN) and video-sharing platform Bilibili (BILI), which advanced 5.3% and 4.7% respectively.The decliners from North Asia were led by automotive marketplace Token Cat (TC) and education company 17 Education & Technology Group (YQ), which fell 7.8% and 6.8% respectively. They were followed by semiconductor company Silicon Motion Technology (SIMO) and fintech firm AMTD Digital (HKD), which dropped 3.8% and 0.6% respectively.From South Asia, the gainers were led by IT firm Sify Technologies (SIFY) and tech conglomerate Sea (SE), which rose 4.3% and 3.5% respectively. They were followed by Canaan (CAN) and IT firm Infosys (INFY), which increased 2.3% and 1.8% respectively.The lone decliner from South Asia was lender HDFC Bank (HDB), which was off 0.4%.

$BILI$BZUN$CAN$HDB$HKD$INFY$NCTY$SE$SIFY$SIMO$TC$UXIN$YQ

International5d ago

Dallas Fed July Manufacturing Index 1.3 Vs. Expected 2.0, Prior 0.0

Research5d ago

BofA Securities Initiates Coverage on Clean Harbors With Buy Rating, $360 Price Target

Clean Harbors (CLH) has an average rating of overweight and mean price target of $332.07, 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://finwires.com/en/contact)Price: $302.77, Change: $-0.98, Percent Change: -0.32%

$CLH

Mining & Metals5d ago

Turnium Technology Sees Fiscal Q3 Revenue of C$7.2 Million to C$7.4 Million

Turnium Technology Group (TTGI.V) forecast fiscal Q3 revenue to be between C$7.2 million and C$7.4 million compared with its previous guidance of C$7 million and C$7.5 million, on Monday.Shares of the company were last seen down 9.1% at C$0.05 on the TSX Venture Exchange. For the three months ended June 30, adjusted EBITDA loss is expected to be between C$1.2 million and C$1.4 million, it said.The company expects fiscal Q4 revenue to be between C$8 million and C$8.5 million, and gross margin to rise by 33% to 38%.The company is set to report its final fiscal Q3 results around Aug. 28.

$TTGI.V

International5d ago

Canada's Population Drop May Be Smaller Than Reported, CIBC Says

Much of Canada's population decline may be overstated due to how non-permanent residents (NPRs) are captured in the headcount estimates, according to CIBC Capital Markets in a note.Statistics Canada reported that the country's population fell by 55,025 in the first quarter of 2026 and by 234,597 since July 2025, suggesting a potential reversal after several years of rapid population growth.Following the introduction of tighter immigration policies in late 2024, many expired permits were treated as population outflows, even though some individuals remained in Canada under extensions or other valid statuses, wrote CIBC in Friday's note."These individuals, however, were not fully captured in Statistics Canada's population estimates," said CIBC.StatsCan has indicated that its September release will include significant revisions to recent population estimates, likely increasing the number of recognized NPRs.The bank's analysis suggests these revisions could add about 160,000 people to 2025 population growth and around 210,000 in both 2026 and 2027, reversing the narrative of population decline.The revisions also carry implications for labor market statistics, as the Labour Force Survey incorporates NPR adjustments gradually. This lag could temporarily distort key indicators, including employment and unemployment rates, according to CIBC.

$CXY

Mining & Metals5d ago

Barranco Gold Mining Begins Trading on the OTCQB Venture Market; Gets DTC Eligibility

Barranco Gold Mining's (BAR.CN) shares are now trading on the OTCQB Venture Market under the symbol BRGMF and the Vancouver-based gold exploration company has also received Depository Trust Company eligibility, it said Monday.Its shares will continue to trade under the symbols BAR on the Canadian Securities Exchange and 314 on the Frankfurt Stock Exchange, added Barranco."The OTCQB listing and DTC eligibility are important steps in broadening our shareholder base and making Barranco more accessible to U.S. investors as we advance our exploration programs in British Columbia," said chief executive officer Reno Calabrigo.The company's shares were last seen down C$0.05 or 5.5% to C$0.85 on the Canadian Securities Exchange.Price: $0.85, Change: $-0.05, Percent Change: -5.56%

$BAR.CN

Wire5d ago

UBS Raises Price Target on RenaissanceRe to $349 From $342, Maintains Neutral Rating

RenaissanceRe (RNR) has an average rating of hold and mean price target of $336.67, 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://finwires.com/en/contact)Price: $329.52, Change: $+0.41, Percent Change: +0.13%

$RNR

Wire5d ago

Wedbush Adjusts First Tracks Biotherapeutics Price Target to $60 From $30, Maintains Outperform Rating

First Tracks Biotherapeutics (TRAX) has an average rating of Buy and mean price target of $43.88, 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://finwires.com/en/contact)Price: $42.92, Change: $+7.40, Percent Change: +20.83%

$TRAX

Commodities5d ago

US Natural Gas Update: Futures Slide Amid Rising Supplies, Softening Demand

US natural gas futures were down on Monday amid rising supply and softening demand over the past week, as temperatures moderated across the Midwest and East.Both the Henry Hub front-month and the continuous contracts dropped by 3.31% to $2.776 per million British thermal units.US dry gas output remained elevated at 108.5 billion cubic feet per day to start the week, up 1.0 Bcf/d from the prior week, while demand softened to 82.4 Bcf/d on Friday, from 89.2 Bcf/d the previous Monday, largely due to milder temperatures across the Midwest and East, according to NRG Energy.Weather forecasts, however, remained bullish in the near term, with almost the whole of the country expected to see above-normal temperatures from August 3rd through 9th, keeping space-cooling demand and gas-fired power burn elevated, according to the National Weather Service.LNG export feedgas estimates pointed to an uptick on Monday to 18.09 Bcf/d, still below the 30-day moving average of 18.25 Bcf/d, according to Bloomberg's LNG Feedgas Model.This comes amid the planned shutdown of the Freeport LNG facility in Texas for maintenance, which is expected to last until late August.

Mining & Metals5d ago

Bahia Metals Says Mangueiros Main Project Technical Review Confirms Its Viability

Bahia Metals (BMT.CN) said Monday that a technical review of the Mangueiros Main project in Brazil confirms its viability.Drilling at Mangueiros Main Nickel-Copper-Cobalt-PGM Project confirmed a continuous zone of mineralization extending at least 2,000 meters in strike length and 500 meters wide and 300 meters deep. The review also reinforced management's view that Mangueiros Main includes significant scale potential.Preliminary metallurgical work on mineralization at the Mangueiros Main target was completed in 2023.The company is advancing work toward an initial Mineral Resource Estimate for Mangueiros Main.Bahia Metals shares were last seen unchanged at C$0.36, on the Canadian Securities Exchange.

$BMT.CN

Commodities5d ago

Ukraine Discusses LNG, Equipment Supply, Aid With Canada

Ukraine's energy minister, Denis Shmyhal, has discussed the idea of a wide-ranging 30-year strategic energy agreement with his Canadian counterpart, Tim Hodgson.Shmyhal said in a post on X on Saturday that the discussion covered gas and cooperation on nuclear energy.Shmyhal said the discussion included the idea of Ukrainian imports of Canadian liquefied natural gas, as the country seeks to diversify its energy supply.Potential direct grant support from Canada of $650 million for Ukrainian gas purchases in the coming winter was also discussed as part of a broader support package for the country as it resists Russia's invasion for a fifth year.Separately, the Ukrainian side said it has invited Canadian suppliers to use Ukrainian underground gas storage facilities, the post said.The ministers also discussed the supply of energy-related equipment from Canadian manufacturers for Ukraine, while the latter is also interested in cooperation on the development of small modular nuclear reactors, which it plans to use in the future."We agreed that this area will become part of our strategic energy agreement," Shmymal said, expressing gratitude to Canada for its C$90 million ($63.8 million) contributions so far to the Ukraine Energy Support Fund.

Wire5d ago

Seaport Global Securities Adjusts Packaging of America Price Target to $270 From $260, Maintains Buy Rating

Packaging of America (PKG) has an average rating of overweight and mean price target of $259.56, 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://finwires.com/en/contact)Price: $254.52, Change: $+0.13, Percent Change: +0.05%

$PKG

Wire5d ago

Wells Fargo Adjusts Las Vegas Sands Price Target to $48 From $53, Maintains Equal Weight Rating

Las Vegas Sands (LVS) has an average rating of overweight and mean price target of $59.91, 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://finwires.com/en/contact)Price: $47.27, Change: $+1.19, Percent Change: +2.58%

$LVS

Wire5d ago

UBS Adjusts Price Target on Raymond James Financial to $184 From $175, Maintains Neutral Rating

Raymond James Financial (RJF) has an average rating of overweight and mean price target of $184.33, 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://finwires.com/en/contact)Price: $173.61, Change: $+4.30, Percent Change: +2.54%

$RJF

Wire5d ago

UBS Adjusts Price Target on Tenet Healthcare to $308 From $288, Maintains Buy Rating

Tenet Healthcare (THC) has an average rating of buy and mean price target of $255, 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://finwires.com/en/contact)Price: $243.89, Change: $+10.69, Percent Change: +4.58%

$THC

Wire5d ago

UBS Adjusts Price Target on W. R. Berkley to $77 From $71, Maintains Neutral Rating

W. R. Berkley (WRB) has an average rating of hold and mean price target of $69.18, 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://finwires.com/en/contact)Price: $75.57, Change: $+0.11, Percent Change: +0.15%

$WRB

Wire5d ago

UBS Adjusts Goosehead Insurance Price Target to $72 From $70, Maintains Buy Rating

Goosehead Insurance (GSHD) has an average rating of overweight and mean price target of $66.62, 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://finwires.com/en/contact)Price: $61.00, Change: $+2.25, Percent Change: +3.82%

$GSHD

Wire5d ago

UBS Adjusts Comfort Systems USA Price Target to $2,225 From $2,125, Maintains Buy Rating

Comfort Systems USA (FIX) has an average rating of Buy and mean price target of $2,236.75, 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://finwires.com/en/contact)Price: $1737.20, Change: $+3.60, Percent Change: +0.21%

$FIX

Showing 3721-3740 of 65262