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B. Riley Downgrades Capricor Therapeutics to Neutral From Buy, Adjusts PT to $10 From $63

Capricor Therapeutics (CAPR) has an average rating of buy and mean price target of $45.20, 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)

$CAPR

Asia11d ago

Market Chatter: Aeon Mall Kumamoto Partially Collapses as 7.1 Magnitude Earthquake Hits Japan

An Aeon Mall (TYO:8905) property in Kumamoto, Japan, suffered a partial collapse on Tuesday afternoon, following a magnitude 7.1 earthquake in southwest Japan, according to various media reports and official sources.The second floor of Aeon Mall Kumamoto collapsed and an explosion was heard, according to the local police and fire departments.Aeon Mall did not immediately respond to a request for comment from.(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.)

TYO:8905

Japan11d ago

Santacruz Silver Mining Reports 11% Increase in Q2 Silver Production

Santacruz Silver Mining (SCZ.V) said Tuesday that total silver production in the second quarter rose 11% year over year to 1.6 million ounces of silver.Copper production jumped 47% to 337 tonnes of copper, Santacruz said."This quarter's solid production results show how the company's operations were resilient despite the challenging conditions experienced in Bolivia. During this second quarter, road blockades in Bolivia extended for more than 50 days, disrupting supply chains across many sectors of the economy," said chief executive Arturo Prestamo.

$SCZ.V

Research11d ago

Update: BofA Securities Downgrades Exxon Mobil to Neutral From Buy, Adjusts PT to $158 From $154

(Updated to include prior rating and details on price target.)Exxon Mobil (XOM) has an average rating of overweight and mean price target of $167.27, 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)

$XOM

Equities11d ago

B. Riley Adjusts PT on Alpha Metallurgical Resources to $189 From $194, Maintains Neutral Rating

Alpha Metallurgical Resources (AMR) has an average rating of hold and mean price target of $177.50, 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://finwires.com/en/contact)

$AMR

Japan11d ago

US Equity Futures Mixed as Halt in Middle East Hostilities Holds, Semiconductor Stocks Drop

US equity futures were mixed pre-bell Tuesday as the pause in hostilities between the US and Iran appeared to hold, while semiconductor-related stocks once again declined.Dow Jones Industrial Average futures were 0.7% higher, S&P 500 futures were down 0.1%, and Nasdaq futures were 1% lower.President Donald Trump said late Monday that the US was having "good talks" with Iran, with a "good chance" that a deal could be made, but warned that US attacks would resume if negotiations failed. Iran's Foreign Ministry said Tuesday it had discussions with Saudi Arabia and Oman regarding maritime passage on the Strait of Hormuz.Traders digested the latest round of earnings, with Coca-Cola (KO) posting higher fiscal Q2 comparable earnings and revenue.Visa (V) is expected to report its fiscal Q3 earnings after the market closes. Analysts polled by FactSet expect earnings of $3.23 per share on revenue of $11.4 billion.Oil prices were lower, with front-month global benchmark North Sea Brent crude down 1.4% at $84.64 per barrel and US West Texas Intermediate crude 0.9% lower at $81.83 per barrel.The international trade in goods report for June, scheduled for release at 8:30 am ET, is expected to show the deficit narrowing to $100 billion from the revised value of $105.9 billion in the prior month, according to estimates compiled by Bloomberg.The May S&P Case-Shiller home price index is scheduled for release at 9 am ET. The July consumer confidence index, due at 10 am ET, is projected to rise to 92.4 from 91.2. The Richmond Fed manufacturing index for July is also scheduled to be released at 10 am ET.

Dow JonesNasdaq CompositeS&P 500$KO$V

US Markets11d ago

Stocks Mostly Down Pre-Bell Amid Chip Sell-Off; Traders Await More Earnings

US equity futures were mostly tracking in the red on Tuesday amid a selloff in chip stocks over concerns about artificial intelligence financing, while traders await the latest batch of corporate earnings.The S&P 500 declined 0.2% and the Nasdaq fell 0.9% in premarket activity, while the Dow Jones Industrial Average edged up 0.1%. The indexes finished the previous trading session mixed.Shares of Nvidia (NVDA) were down 0.9% pre-bell after closing Monday with a nearly 5% decrease. The tech bellwether is reportedly in talks to provide a roughly $250 billion backstop for OpenAI as part of a data-center project, raising concerns about "circular financing," in which suppliers are also major investors in their customers.Sandisk (SNDK) slipped 7.2% while Intel (INTC) was off 4.1%. Marvell Technology (MRVL) shed 4.9% and Qualcomm (QCOM) declined 2.9%. Advanced Micro Devices (AMD) dropped about 4%.West Texas Intermediate crude oil declined 2.2% to $80.86 a barrel before the opening bell, while Brent slid 2.3% to $86.32.US President Donald Trump told Axios on Monday that the US is in "very deep talks" with Iran, though he said military action could resume if diplomacy fails. His remarks came as the US apparently halted strikes against Iran."While this is the first tangible signal of de-escalation, the reasons behind it are less clear," ING Bank said in a report on Monday. "There's little explanation from the US. Also, it hasn't yet led to any meaningful pickup in vessel flows through the Strait of Hormuz."Tehran's foreign ministry continued to hold discussions with Saudi Arabia and Oman on Tuesday over the future of the Strait of Hormuz, CNBC reported.Coca-Cola (KO), Boeing (BA), S&P Global (SPGI), United Parcel Service (UPS), Royal Caribbean Cruises (RCL), Sherwin-Williams (SHW) and PayPal (PYPL) are some of the major companies scheduled to report their latest financial results Tuesday. Visa (V), NXP Semiconductors (NXPI) and automaker Ford (F) are expected to release their earnings after the markets close.The Federal Reserve's monetary policy committee is set to kick off its meeting on interest rates today, with a decision due Wednesday. The probability of the central bank leaving its benchmark lending rate unchanged currently stands at 64%, with the remaining odds in favor of a quarter-percentage-point increase, according to the CME FedWatch tool.UBS Securities said Monday it expects three dissents as a base case, but won't be surprised to see two more pushing for a rate hike.Treasury yields were down in premarket action, with the two- and 10-year rates retreating 1.9 basis points each to 4.3% and 4.62%, respectively.Tuesday's economic calendar also has the international trade in goods data, as well as the retail and wholesale inventories reports, all for June, at 8:30 am ET. The Case-Shiller Home Price Index and the Federal Housing Finance Agency House Price Index, both for May, post at 9 am.The consumer confidence report for July is out at 10 am, along with the Richmond Fed manufacturing index for the same month.Gold moved down 1.4% to $4,021 per troy ounce, while bitcoin dropped 2.2% to $63,463.

Dow JonesNasdaq CompositeS&P 500$AMD$BA$F$INTC$KO$MRVL$NVDA$NXPI$PYPL$QCOM$RCL$SHW$SNDK$SPGI$UPS$V

Asia11d ago

Chang Hwa Commercial Bank OKs NT$324 Million IBM Taiwan Contract for Online Banking Upgrade

Chang Hwa Commercial Bank (TPEX:2801) approved a contract worth about NT$323.8 million with IBM Taiwan to upgrade its corporate online banking platform and license related system software.The project is intended to modernize its corporate online banking platform, establish a global architecture, improve service delivery, and streamline IT operations and maintenance, according to a Tuesday stock exchange filing.

TPE:2801

Research11d ago

Pet Valu Price Target Lowered to C$24 at RBC

RBC Capital Markets lowered its price target on Pet Valu Holdings (PET.TO) to C$24 from C$26.Analyst Irene Nattel maintained an Outperform rating on shares of the Canadian pet food and accessory retailer ahead of its Q2 results on Aug. 11."PET's shares continue to lag as value-oriented consumer spending weighs on the pet care category despite pet owner devotion," Nattel said in a note to clients.(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)

$PET.TO

Mining & Metals11d ago

Bayhorse Silver Suspends Underground Drilling Operations Due to Wildfire

Bayhorse Silver (BHS.V) suspended drilling on the afternoon of July 24 due to a wildfire at Fox Creek, 7 miles north of the Bayhorse Mine, chief executive officer Graeme O'Neill said after markets closed Monday.The company is not currently able to assess the impact of the wildfire on its facilities as the mine site is inaccessible due to access restrictions, said the CEO.The company was conducting underground drilling operations before the suspension, and bulk sampling crushing had also begun, he added.

$BHS.V

Asia Markets11d ago

UAE Shares Blink Red; Oil Prices Fall After US-Iran Strikes Ease

Stocks in the United Arab Emirates closed lower despite a suspension of hostilities between the US and Iran, sending oil prices down and lifting investor optimism for renewed peace talks.At the close of Tuesday trading, the FTSE ADX General Index fell 0.104%, while the DFM General Index lost 0.93%.Oil prices were trading lower after US President Donald Trump said talks with Iran are underway and there is a "good chance" of a deal. Trump also warned to resume military action if the talks fail."We have been in this position multiple times before, and so the market may be getting a bit ahead of itself. At the end of the day, there has been no improvement in tanker flows through the Strait of Hormuz. If this move lower is to be sustained, we will need to see a recovery in flows through the strait," ING said. "Furthermore, even in the event of a deal, one would expect that the market will need to continue to price in a large risk premium, given that recent events have demonstrated how quickly a deal can unravel."Brent crude oil futures stood at nearly $86.94 per barrel as of 3:38 pm UAE time, down 1.61% from the previous day.Zooming in at home, the Dubai International Financial Centre's number of active registered companies and regulated financial services firms grew to 10,018 and 1,134, respectively, for the first half.On the corporate side, Fertiglobe (ADX:FERTIGLB) logged a 237% year-over-year growth in attributable profit and a 59% increase in revenue for the first half amid higher market prices of urea and ammonia. The fertilizer company closed the session 0.38% higher.Elsewhere, United Securities LLC affirmed its buy rating on Emirates NBD Bank (DFM:EMIRATESNBD) and revised its price target to 36 Emirati dirhams per share, citing the lender's strong operational performance in the second quarter. Its shares lost 2.50% at closing.

^DFMGI^FADGIADX:FERTIGLBDFM:EMIRATESNBD

Wire11d ago

Pentair to Acquire Taco Group for $1.4 Billion

Pentair (PNR) said Tuesday that it has signed a definitive agreement to acquire Taco Group for approximately $1.4 billion.Taco Group is a manufacturer of hydronic heating, plumbing, industrial pumping and water-based HVAC equipment.Pentair said Taco is expected to generate approximately $540 million in revenue in fiscal year 2026, and that the deal is expected to be approximately $0.10 to $0.15 accretive to adjusted earnings per diluted share in fiscal year 2027.The transaction is expected to close in the fourth quarter of 2026, subject to customary closing conditions and regulatory approvals.Shares of Pentair were down 6% pre-bell.

$PNR

Asia11d ago

Fitch Ratings Affirms Taiwan's AA Rating with Stable Outlook

Fitch Ratings affirmed Taiwan's long-term foreign-currency issuer default rating (IDR) at AA with a stable outlook, according to a Tuesday release by the ratings agency.The rating reflects the country's large net external creditor position, responsible fiscal management, and competitive business environment, balanced by strained relations with the Chinese Mainland, and the economy's vulnerability to external shocks among other factors.The rating is driven by the agency's upgrade of its 2026 GDP growth forecast for the self-governing island to 9.4%, a strong external balance sheet, and a moderation in growth to 4.8% in 2027 and 4.5% in 2028.

Taiwan Weighted

Research11d ago

TFI International Price Target Raised to $171 at RBC

RBC Capital Markets raised its price target on TFI International (TFII.TO, TFII) to $171 from $158.Analyst Walter Spracklin maintained an Outperform rating on shares of the Canadian transport and logistics company following its Q2 results."The significant rise in truck rates (particularly in TL) is having a pronounced and immediate effect on margins; and we see further upside when pricing within the company's LTL division follows suit (which we expect it will) and powerful operating leverage should volumes improve (which we expect as well)," the analyst said in a note to clients.(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)

$TFII$TFII.TO

Asia11d ago

Dynagreen Environmental Protection's Waste Input, Steam Supply Rise in H1

Dynagreen Environmental Protection's (HKG:1330) waste input volume rose 7.1% year over year to 7.7 million tons in the first half of 2026, according to a Tuesday Hong Kong bourse filing.Electric power generation increased 6.6% to 2.71 billion kWh, on-grid electricity volume rose nearly 7% to 2.26 billion kWh, and steam supply climbed 29% to 664,200 tons.In the second quarter alone, the group processed nearly 4 million tons of waste.

HKG:1330

International11d ago

Earnings, Easing Oil Lift European Bourses Midday

European bourses tracked moderately higher midday Tuesday as traders weighed earnings reports, and easing oil prices.Food stocks led gains on continental trading floors, while tech and oil shares lagged.Unilever shares gained 7.7% mid-session after the London-based consumer products giant topped Q2 sales outlooks.Front-month North Sea Brent crude-oil futures were down 2.1% at $84.08 a barrel, on reports of possible IRGC-Washington ceasefire negotiations.Investors also eyed Wall Street futures flashing red, and sharply lower closes overnight on Asian exchanges, as semiconductor shares slumped.In economic news, Germany's Q2 industrial activity proved "surprisingly" robust given Persian Gulf turmoils, and, assisted by exports, the national economy is growing, the Bundesbank reported in its monthly bulletin.The pan-continental Stoxx Europe 600 Index was up 0.2% mid-session.The Stoxx Europe 600 Technology Index was down 0.7%, and the Stoxx 600 Banks Index lost 0.2%.The Stoxx Europe 600 Oil and Gas Index eased 1%, while the Stoxx 600 Europe Food and Beverage Index inclined 1.9%.The REITE, a European REIT index, rose 0.1%.On the national market indexes, Germany's DAX was up 0.2%, and the FTSE 100 in London gained 0.5%. The CAC 40 in Paris was up 0.2%, and Spain's IBEX 35 lifted 0.1%.Yields on benchmark 10-year German bonds were lower, near 3.12%.Front-month North Sea Brent crude-oil futures were down 2.1% at $84.08 a barrel.The Euro Stoxx 50 volatility index was up 3.2% at 18.64, indicating below-average volatility for European stock markets in the next 30 days, a positive signal. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.

^SXXP

Mining & Metals11d ago

Cybeats Technologies Raises C$1.9 Million Via Non-Brokered Private Placement

Cybeats Technologies (CYBT.CN) raised C$1.9 million after it closed its non-brokered private placement of common shares, it said late Monday.The company issued 11.6-million common shares at C$0.17 apiece. Proceeds will be used to support sales and marketing initiatives, product commercialization activities and for general corporate needs, it said.Shares of the company closed unchanged at C$0.195 on Monday on the Canadian Securities Exchange.

$CYBT.CN

Research11d ago

BNP Paribas Upgrades Nutrien to Outperform From Neutral, Adjusts PT to CA$112.99 From CA$99.26

Nutrien (NTR) has an average rating of overweight and mean price target of CA$109.29, 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)

$NTR

Oil & Energy11d ago

TotalEnergies, Eni Take Final Investment Decision on Cronos Gas Field

TotalEnergies SE (TTE) and Eni (E) have reached a final investment decision to develop the Cronos gas field in offshore Block 6 in Cyprus, the country's first-ever commercial gas development, Total said on Tuesday.Production is scheduled to start up in 2028, with a targeted plateau production rate of 500 million cubic feet per day equivalent to roughly 2.8 million tons of LNG per year, it said.Located about 185 kilometers southwest of the Cypriot coast, the deep-water project will utilize four subsea wells to transport gas via a subsea pipeline to Egypt, where it will be liquefied at the Damietta LNG terminal utilizing Zohr field infrastructure synergies before export to Europe, it said.TotalEnergies will market 50% of the output, amounting to 1.4 Mtpa, as part of its strategy to expand its global LNG portfolio to 60 Mtpa by 2030.Following a Host Government Agreement signed in February 2025, commercial frameworks have been secured to establish this new Eastern Mediterranean energy corridor, which aims to enhance European energy security and unlock future resource developments across Block 6, the statement said.

$E$TTE

International11d ago

US Dollar Rises Early Tuesday Ahead of Busy Economic Release Schedule

The US dollar rose against its major trading partners early Tuesday, except for a decline versus the Canadian dollar, ahead of a busy day of economic releases, starting with advance trade data for June at 8:30 am ET and weekly Redbook same-store sales at 8:55 am ET.Home price data for May is set to be released at 9:00 am ET, followed by consumer confidence and the Richmond Federal Reserve's conditions readings, both for July, at 10:00 am ET.The Dallas Fed's nonmanufacturing index for July is due to be released at 10:30 am ET, and the Atlanta Fed is due to update its GDP nowcast estimate around midday.A quick summary of foreign exchange activity heading into Tuesday:EUR/USD fell to 1.1358 from 1.1371 at the Monday US close and 1.1395 at the same time Monday morning. There are no Eurozone data on Tuesday's schedule. The next European Central Bank meeting is scheduled for September 10.GBP/USD fell to 1.3276 from 1.3292 at the Monday US close and 1.3312 at the same time Monday morning. There are no UK data on Tuesday's schedule. The next Bank of England meeting is scheduled for Thursday, when no change in the policy rate is expected.USD/JPY rose to 163.9317 from 163.7340 at the Monday US close and 163.6278 at the same time Monday morning. There were no Japanese data released overnight. The next Bank of Japan meeting announcement is scheduled for Thursday evening US time, when no change in the policy rate is expected.USD/CAD fell to 1.4113 from 1.4122 at the Monday US close but was above a level of 1.4104 at the same time Monday morning. There are no Canadian data on Tuesday's schedule. The next Bank of Canada meeting is scheduled for Sept. 2.

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

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