Financial News · Live Terminal

Page 2102 of 2148

Jefferies Initiates Caris Life Sciences at Buy With $28 Price Target

Caris Life Sciences (CAI) has an average rating of buy and mean price target of $30.79, 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)

$CAI

Mining & Metals65d ago

K92 Mining Says Lower Q1 Production From Kainantu Was "In Line With Budget"; Reiterates 2026 Annual Production Guidance

K92 Mining (KNT.TO) on Monday reported that its first-quarter production from the Kainantu gold mine in Papua New Guinea fell year over year, but was "in line with budget". while it reiterated its 2026 annual production guidance.Among highlights, KNT's first-quarter production of 46,743 ounces gold equivalent, or 44,022 oz gold, 1,696,714 lbs copper and 38,845 oz silver, was down from 47,817 ounces in the year-ago quarter. Quarterly sales were 44,854 ounces of gold, 1.9 million pounds of copper and 41,467 ounces of silver.The company reiterated its 2026 annual production guidance of 190,000 to 225,000 ounces gold equivalent, with production expected to be strongest in the second half of the year, driven by the progressive ramp-up in ore tonnes mined and processed from two new mining fronts and the completion of key expansion enabler projects.The company processed 142,017 tonnes of ore in the first quarter, a 37% increase year over year, with a head grade of 10.9 grams per tonne gold equivalent.Metallurgical recoveries were 95.1% for gold and 94.0% for copper, exceeding the updated definitive feasibility study recovery parameters for gold and performing in line for copper.KNT also cited record quarterly mine development of 3,007 metres (a 21% increase from Q1 2025), which included a new monthly development record of 1,067 metres achieved in March 2026, supported by the completion of a number of infrastructure and operational improvement initiatives in the second half of 2025 and Q1 2026.It also cited quarterly total material mined (ore plus waste) of 378,430 tonnes and record quarterly tonnes to surface of 410,356 tonnes, highlighting the positive impact of the first material pass, the commencement of surface trucks operating in the Twin Incline and the completion of the Decline-Incline Convergence Project connecting the Main Mine with the Twin Incline via internal ramp access in late January 2026.John Lewins, K92 Chief Executive Officer and Director, said: "Q1 marked a strong start to 2026, with production of 46,743 ounces gold equivalent in line with budget, continued strong performance from the Stage 3 Expansion Process Plant, and record development rates exceeding our Stage 3 requirements. During the quarter, we also completed several key enabler projects and made significant progress on others, well positioning the operation for further growth. Importantly, we are increasingly realizing the benefits of our recent investments, with infrastructure upgrades, increased equipment capacity and operational improvements driving meaningful gains across the operation."With production stoping from two new mining fronts set to come online this year, including the first later this month, and key enabler projects advancing well, we remain firmly on track to deliver stronger production in the second half of the year and achieve our full-year guidance."Shares in KNT were up 0.16% last Friday.

$KNT.TO

Asia65d ago

Mitrajaya Unit Bags MYR54 Million Data Center Works Deal

Mitrajaya (KLSE:MITRA) unit, Pembinaan Mitrajaya, secured a deal worth 54 million ringgit from NEXTDC for early works on the KL1 Stage 4 data center project in Kuala Lumpur, Malaysia.The contract involves construction works for the ST4-GC01 phase and is scheduled for completion by October, according to a Monday Malaysian bourse filing.The project is expected to contribute positively to the company's earnings and net assets for the financial year ending December, it said.

KLSE:MITRA

Asia65d ago

United Overseas Bank Repurchases, Cancels Shares Worth SG$1.4 Million

United Overseas Bank (SGX:U11) bought back and canceled 37,000 shares worth nearly SG$1.4 million in the open market on Monday, according to a same-day filing with the Singapore Exchange.The bank has been authorized to buy back around 83.5 million shares. To date, it has bought back nearly 20.6 million shares.

SGX:U11

Oil & Energy65d ago

Saudi Says East-West Pipeline Back at Full Capacity of 7 Million Barrels Per Day After Air Strikes

Saudi Arabia said on Sunday that it had restored the full oil pumping capacity at its East-West pipeline to 7 million barrels per day, just days after disclosing the extent of damage resulting from Iran's air strikes against the facility, according to a Reuters report, citing a statement by Saudi Arabia's Ministry of EnergyThe pipeline is currently the only alternative for the country to circumvent the closure of the Strait of Hormuz, which has entered its seventh week.According to the ministry, strikes in recent weeks have disrupted oil, gas, refining, petrochemicals and electricity plants, across Riyadh, the Eastern Province and Yanbu Industrial City.Riyadh said earlier this week that the attacks had reduced East-West pipeline throughput by about 700,000 bpd and oil production capacity by around 600,000 bpd, with losses split between the Manifa and Khurais fields.It also said that efforts were ongoing to restore full output at the Khurais oil field, which had reduced output by 300,000 barrels per day following the air strikes.

Asia65d ago

TSH Resources Repurchases More Shares

TSH Resources (KLSE:TSH, SGX:TSH) bought back 260,000 shares for 358,094 ringgit on Monday, according to a same-day disclosure on the Singapore bourse.The shares were repurchased between 1.36 ringgit and 1.38 ringgit apiece, the dual-listed oil palm cultivation and wood products company said.

KLSE:TSHSGX:TSH

International65d ago

Persian Gulf, Oil Outlooks Damp Wall Street Pre-Bell, Asia, Europe Off

Wall Street futures pointed lower pre-bell Monday after President Donald Trump said the US will block the Strait of Hormuz, following the collapse of peace talks between Washington and Tehran over the weekend.In the futures, the S&P 500 fell 0.6%, the Nasdaq declined 0.6%, and the Dow Jones was off 0.5%.West Texas Intermediate crude oil traded up 7.5% at $103.84 in morning action.Goldman Sachs is slated to report Q1 results pre-bell, starting the earnings season. Financial titans JP Morgan Chase (JPM), Wells Fargo (WFC), Citigroup (C) and BlackRock (BLK) report earnings on Tuesday. Bank of America (BAC) and Morgan Stanley (MS) report results on Wednesday.Netflix (NFLX), Johnson & Johnson (JNJ), PepsiCo (PEP), Abbott Laboratories (ABT), The Progressive (PGR), and Truist Financial (TFC) are among other blue chips reporting earnings this week.For Q1, S&P 500 companies are expected to report year-over-year earnings growth of 12.6%, reported FactSet.Asian exchanges traded mostly lower overnight, while European bourses tracked moderately south at midday on the continent.On the economic calendar is the existing home sales report for March at 10 am ET.Federal Reserve Governor Stephan Miran is slated to speak on Monday.In pre-market action, Bitcoin traded at $70,798, and 10-year US Treasuries offered 4.33%. Spot gold commanded $4,715 an ounce.

Dow JonesNasdaq CompositeS&P 500

Mining & Metals65d ago

Yangarra Resources Names James Evaskevich As Executive Chair Of Board

Yangarra Resources (YGR.TO) Monday named James Evaskevich as its Executive Chair of the board following the passing of Gordon Bowerman, the board chairman.The company also announced the appointment of Dale Miller as its lead director and Robert Weir as a member of the audit committee.Shares of the company closed up 2.9% to $1.4 on Friday on the Toronto Stock Exchange.

$YGR.TO

Research65d ago

Oppenheimer Upgrades Blackstone to Outperform From Market Perform, Price Target is $154

Blackstone (BX) has an average rating of overweight and mean price target of $144.84, 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)

$BX

Equities65d ago

TD Cowen Adjusts Price Target on Chevron to $204 From $214, Maintains Hold Rating

Chevron (CVX) has an average rating of overweight and mean price target of $210.08, 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

Asia65d ago

Market Chatter: KKR's Japan Unit Eyes 450 Trillion Yen Property Sell-Off Market for Expansion

Private equity firm KKR Japan plans to expand acquisitions by buying corporate divestment properties, tapping a 450 trillion yen market, Bloomberg reported Monday, citing Naoki Suzuki, president of KJRM -one of the nation's largest asset managers.KJRM sees substantial profit potential in this trend, with the KKR unit's real estate holdings surging 20% to approximately 2.53 trillion yen in 2025, the publication said.Japanese firms, including many across industries facing pressure from both policymakers and investors, are being pushed to shed non-core assets such as real estate, the news wire said.(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.)

Nikkei 225

Asia65d ago

Edvantage Group Warns of Lower Six-Month Profit

Edvantage Group (HKG:0382) expects a decline in profit attributable for the six months ended Feb. 28 to 101.5 million yuan from 243.7 million yuan previously, according to a Monday Hong Kong bourse filing.The operator of Chinese colleges attributed the forecast to a drop in student enrollments, a higher cost of sales amid strategic investments, and an impairment loss on goodwill allocated to certain cash-generating units.

HKG:0382

Treasury65d ago

Canada Is Very Likely to Have A Majority Government by Monday, Says Scotiabank

Canadian Prime Minister Mark Carney will likely secure a majority government by late Monday once the results of three byelections roll in, said Scotiabank.As a consequence, Carney's mandate is likely to extend without having to face voters again until 2029, noted the bank.The outcome could lend supportive stability to the Canadian dollar (CAD or loonie) and domestic markets while emboldening the Carney administration to more aggressively pursue fiscal, regulatory, investment and trade policies without having to depend upon the fragmented opposition, stated Scotiabank.Two ridings in the Toronto area are Liberal Party strongholds --University-Rosedale and Scarborough Southwest, pointed out the bank. A third riding in Quebec (Terrebonne) may be closer after a very close call between the Liberals and the regional Bloc Quebecois was nulled by the Supreme Court following last April's election. Polls close at 8:30 p.m. ET Monday, with results likely to roll in shortly after.The Libs' 171 seats after the latest defection put them one seat shy of majority status in the 343-seat House of Commons. In essence, the Libs have a working tacit coalition with the Green Party's solitary seat and the six-member NDP, but one that barely passed last year's Budget by a vote of 170-168 with four abstentions. One more seat, however, would perhaps lessen the Liberals' reliance upon the other minor parties, added Scotiabank.In fact, polling is driving prediction sites to anticipate a Liberal sweep that would raise the number of seats to 174 -- two more than needed for a majority.There may nevertheless be limits to party cohesiveness, according to the bank. The Liberals have gained five members who crossed the floor from other parties; four were Conservatives, one was from the NDP. Voters often reject "crossers" when given the next chance to do so. A Liberal majority would, as such, remain partly dependent upon keeping demonstrably unfaithful party members on side in future debates and votes.Yet the country's democratic ideals are "under strain, " said Scotiabank. Five members of parliament (MP) leveraged their party's platforms, resources, and brand and were voted in by constituents who often vote first -- if not exclusively -- for the party, then perhaps for the person. Their constituents didn't choose to support the Liberal Party when given the chance in a parliamentary election. A shortcoming of the Elections Act is the failure to require a byelection should an MP choose to cross to another party. That failure compromises faith in democracy that breeds cynicism, distrust, and possibly lower voter turnout.Once a majority is set, the machinations toward a spring fiscal update are likely to be set in higher gear, with a combination of targeted stimulus and updated fiscal position likely.

$CAD$CXY

Asia65d ago

EP Manufacturing Seeks Renewal of Transactions Authority

EP Manufacturing (KLSE:EPMB) is seeking to renew its authorization to conduct revenue-generating transactions at its upcoming annual general meeting, according to a Monday Malaysian bourse filing.The company will share a statement containing details of the plans with shareholders in due time, it said.

KLSE:EPMB

Asia65d ago

Kingdee International Software Logs 19% Higher Annual Recurring Subscription Revenue in Q1

Kingdee International Software Group (HKG:0268) recorded an annual recurring revenue from subscription services of around 4.22 billion yuan as of March 31, up 19% from a year prior, according to a Monday Hong Kong bourse filing.In the first quarter, the contract value of AI-native products, that is the Kingdee AI Suite, reached 230 million yuan.The net dollar retention of AI+SaaS products, namely Kingdee AI Constellation, Kingdee AI Galaxy, and Kingdee AI Stellar was 103%, 96% and 94%, respectively.

HKG:0268

Mining & Metals65d ago

BMO Announcing Partnership with Quantum Industry Canada and Chicago Quantum Exchange

$BMO.TO

Asia65d ago

Henan Pinggao Electric's Attributable Profit Jumps 9.5% in 2025

Henan Pinggao Electric's (SHA:600312) attributable profit rose 9.5% to 1.12 billion yuan in 2025 from 1.02 billion yuan in 2024, according to a Saturday filing with the Shanghai bourse.Earnings per share at the electric switchgear manufacturer increased 9.5% to 0.8253 yuan from 0.7540 yuan in the previous year.Operating income edged up 0.9% year over year to 12.5 billion yuan from 12.4 billion yuan.Shares closed 6% lower on Monday.

SHA:600312

Commodities65d ago

Germany to Reportedly Provide $1.9 billion Fuel Price Relief to Consumers

The coalition government in Germany, headed by Chancellor Friedrich Merz, will provide 1.6 billion euros ($1.9 billion) in fuel price relief to German consumers to mitigate the impact of surging energy prices, according to media reports on Monday.The government will reduce the energy tax on diesel and petrol by about 0.17 euros per litre for two months, the reports said, citing comments made during a press conference held by Merz, the conservative CDU party and its centre-left coalition partner SPD in Berlin on Monday.The coalition partners appeared to be in disagreement over how to tackle rising oil prices last week, with Economy Minister Katherina Reiche criticizing a proposal by Finance Minister Lars Klingbeil to tax the windfall profits made by companies, Reuters reported.However, tensions seemed to have eased between the partners after talks over the weekend, the report said.Merz, who is skeptical of the windfall tax proposal, said the government will wait to hear from the European Commission, which is reviewing such measures, according to a Bloomberg report.The Middle East crisis and the resulting energy supply shocks have complicated the situation for the coalition, which is aiming for an overhaul of the country's economy this year, Bloomberg said.

US Markets65d ago

Sanofi, Regeneron's Dupixent Becomes First Targeted Treatment for Pediatric Chronic Spontaneous Urticaria in EU

The European Commission approved Sanofi (SAN.PA) and Regeneron Pharmaceuticals' (RGO.F, REGN.VI) Dupixent as the first targeted therapy for children aged two to 11 years with moderate-to-severe chronic spontaneous urticaria.The authorization extends the existing approval of Dupixent, or dupilumab, in the European Union for chronic spontaneous urticaria, an inflammatory skin condition characterized by "sudden and debilitating hives and recurring itch," according to a Monday release. The previous indication was for patients 12 years and older.The approval was supported by data from the Liberty-Cupid clinical program, which combined an extrapolation of efficacy data in adults from two late-stage studies and pediatric data from the CUPIDKids phase 3 study. CUPIDKids was a single-arm study that evaluated children with chronic spontaneous urticaria between two years old and 11 years old who were still symptomatic even with the use of antihistamines.The trials showed that Dupixent significantly outperformed placebo in reducing hives and itching by the 24-week mark, while also increasing the number of patients achieving a complete response. Across all studies, the safety profile remained consistent with Dupixent's safety results in other skin-related indications."Young children suffering from chronic spontaneous urticaria often experience an unpredictable barrage of unrelenting itch and visible hives during the critical years of their growth and development. As the first and only targeted medicine for young children in the EU with CSU, Dupixent has the potential to become the new standard of care for those who remain symptomatic despite other available treatments," Regeneron President and Chief Scientific Officer George D. Yancopoulos said.The US Food and Drug Administration is currently reviewing a supplemental biologics license application for Dupixent in the US for pediatric patients aged two to 11 years for chronic spontaneous urticaria. The treatment is already approved for the same indication in certain adults and teenagers in the US, Japan, and other countries.Approved in over 60 countries, Dupixent treats various type 2 inflammatory conditions, including asthma, chronic obstructive pulmonary disease, and atopic dermatitis, among others. Sanofi and Regeneron are also evaluating dupilumab in diseases such as chronic pruritus of unknown origin and lichen simplex chronicus.Sanofi's shares were down over 1% in Paris, while Regeneron's stocks listed in Frankfurt and Vienna were marginally higher by Monday midday.

$REGN.VI$RGO.F$SAN.PA

Mining & Metals65d ago

Aclara Announcing Results from Technical Reports on Its Integrated Heavy Rare Earths Supply Chain

$ARA.TO

Showing 42021-42040 of 42958

Mining & Metals65d ago

K92 Mining Says Lower Q1 Production From Kainantu Was "In Line With Budget"; Reiterates 2026 Annual Production Guidance

$KNT.TO