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MDA Space Unveils Space Control Platform MDA MIDNIGHT

MDA Space (MDA.TO) overnight Sunday announced MDA MIDNIGHT, a space control platform for defence organizations to defend and protect the space domain.In a statement the company noted that, MDA MIDNIGHT is a maneuverable spacecraft that employs "high-reliability rendezvous and proximity operations (RPO)" to detect, identify, counter and deter threats to critical space assets and orbits.The company further said that the spacecraft can also be used to augment existing military missions through on-orbit surveillance, asset relocation and satellite refueling.The company added that MDA MIDNIGHT also leverages recent advancements and investments in the company's "diverse product suite," including MDA SKYMAKER commercial robotics and MDA AURORA satellite bus platform."With new and emerging threats from adversaries, the critical space infrastructure that we all depend on requires greater protection," said Mike Greenley, chief executive of MDA Space."Backed by 40 years of on-orbit robotics operations, decades of mission planning and satellite operations, advanced digital technologies and our high-volume commercial production capacity, MDA MIDNIGHT brings together the elements required for this critical mission, helping national and international defence organizations safeguard the space domain on which billions rely."

$MDA.TO

Equities93d ago

JPMorgan Adjusts Price Target on Occidental Petroleum to $64 From $63, Maintains Neutral Rating

Occidental Petroleum (OXY) has an average rating of hold and mean price target of $63, 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)

$OXY

Equities93d ago

Jefferies Adjusts Price Target on Occidental Petroleum to $58 From $47, Maintains Hold Rating

$OXY

Baird Downgrades Parsons to Neutral From Outperform, $60 Price Target

Parsons (PSN) has an average rating of overweight and mean price target of $75.73, 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)

$PSN

Open Text Announces European Cloud Solutions Partnerships

Open Text (OTEX.TO) said Monday, it will offer some of its enterprise data and AI solutions on the AWS European Sovereign Cloud, a new independent cloud-based infrastructure for Europe.The AWS European Sovereign Cloud is separate from current AWS global regions and is backed by "strong technical controls, sovereign assurances, and legal protections" to meet the needs of European governments and enterprises, company said in a statement said.OpenText separately announced a strategic partnership with S3NS, which is an alliance between Thales, a French cybersecurity company, and Google Cloud, to offer to European organizations a cloud platform that meets strict French security and compliance criteria.The partnership delivers a hybrid cloud architecture for Europe out of France, helping organizations to keep their most sensitive data workloads within a locally governed environment, while leveraging hyperscaler cloud services for non-sensitive workloads, innovation, and scale, a statement said."Across Europe, organizations are seeking innovation that preserves sovereignty and control. OpenText is delivering on that need by pairing hyperscaler innovation with an independently governed operating model, giving customers the confidence to modernize while keeping their data, access, and operations securely under regional control," said chief information officer Shannon Bell.OpenText shares closed up $0.43, to $28.83, on Friday on the Toronto Stock Exchange.

$OTEX.TO

Jefferies Initiates Credo Technology Group at Buy With $175 Price Target

Credo Technology Group (CRDO) has an average rating of buy and mean price target of $197.93, 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)

$CRDO

Jefferies Initiates Tempus AI at Underperform With $35 Price Target

Tempus AI (TEM) has an average rating of overweight and mean price target of $72.40, 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)

$TEM

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://finwires.com/en/contact)

$CAI

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

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

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 & Energy93d 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.

Dow JonesNasdaq CompositeS&P 500

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

International93d 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.

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

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://finwires.com/en/contact)

$BX

Equities93d 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://finwires.com/en/contact)

$CVX