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Canada PM Carney Adds Suspension Will Come Into Effect on April 20 and Last Until Sept. 7

TriNet Group Completes Cocoon Acquisition to Expand Leave-Management Tools

TriNet Group (TNET) completed its acquisition of Cocoon, a human-resources technology provider, to enhance leave-management tools for small- and medium-sized businesses.Financial terms weren't disclosed.The acquisition isn't expected to have a material impact on 2026 financial guidance, TriNet said Tuesday in a statement.Price: $37.44, Change: $+0.13, Percent Change: +0.34%

$TNET

Treasury133d ago

Canada PM Carney Says Govt To Temporarily Suspend the Federal Fuel Excise Tax On Gas and Diesel Starting Next Week

S&P/TSX CompositeS&P/TSX Composite$CXY

Mining & Metals133d ago

HydroGraph Clean Power Announces Opening of New Austin, TX Headquarters; Shares up 4.3%

HydroGraph Clean Power (HG.CN) on Tuesday announced the opening of its new Austin headquarters, having received its certificate of occupancy in March 2026."The new facility centralizes key executive and operating functions, as well as expands the Company's research and production capabilities in support of continued growth activities," said the company.The company further said it is currently transitioning key equipment and resources from its Manhattan, KS facility to Austin, including scientific equipment, the detonation lab, Hyperion Reactors and other assets. It added that the detonation lab and first new Hyperion unit, which was qualified in Manhattan prior to transport, have already arrived on site in Austin.The company said it plans to commence a second phase of construction at its Austin facility to support integration of these and other assets plus new acetylene storage for its Hyperion units."We are excited to officially open our new U.S. headquarters, a key milestone underpinning a substantial increase in our research, development and manufacturing capabilities," said Kjirstin Breure, President and Chief Executive Officer of HydroGraph. "In addition to centralizing key administrative functions into Texas, our new office will facilitate a notable expansion of our R&D capabilities, the operation of two active Hyperion Reactors on site, and serve as the control hub for our planned large-scale production facility that is anticipated to support up to 350 tons per year of capacity."Shares of the company were last seen up $0.34 at $8.25 on the Canadian Securities Exchange.Price: $8.15, Change: $+0.24, Percent Change: +3.03%

$HG.CN

Treasury133d ago

Canada PM Mark Carney Lays Out Policy Plans After 3 Byelection Results Overnight Gave His Liberal Party a Majority In Govt

S&P/TSX CompositeS&P/TSX Composite$CXY

Mining & Metals133d ago

Horizon Petroleum Raises $2.5 Million After Closing First Tranche of Its Convertible Debenture Unit Offering

Horizon Petroleum (HPL.V) on Tuesday said it closed the first tranche of its secured convertible debenture units at $1,000 apiece, for proceeds of $2.5 million. The company added 25 investors subscribed for the financing."We appreciate the interest and support of our shareholders and key advisors at Leede Financial as we prepare to test and develop the natural gas discoveries at Lachowice in southern Poland," said Chief Executive David Winter. "We are looking forward to commencing the civil works to prepare the Lachowice-7 wellsite for the testing and first production and continuing our technical and operations planning work for the Lachowice gas development."Proceeds will be used to complete the civil works at the Lachowice 7 wellsite, the payment of existing liabilities and for general corporate needs.Shares of the company were last seen down 4.4% at $0.11 on the TSX Venture Exchange.Price: $0.11, Change: $-0.01, Percent Change: -4.35%

$HPL.V

Wire133d ago

Street Color: Nvidia Rolls Out Open AI Model Ising

$NVDA

Wire133d ago

Nextdoor Launching Ad Platform Self-Serve Feature in Canada

Nextdoor (NXDR) said Tuesday it is launching in Canada a self-serve functionality in its Nextdoor Ads Manager advertising platform.The company said the move will allow Canadian companies to independently create and manage campaigns on the platform.The platform has features like hyperlocal targeting, custom audience tools, AI text and image generation, and others, Nextdoor said.Price: $1.43, Change: $+0.02, Percent Change: +1.42%

$NXDR

Wire133d ago

UBS Adjusts Price Target on Mobileye Global to $9 From $12, Maintains Neutral Rating

Mobileye Global (MBLY) has an average rating of overweight and mean price target of $14.07, 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: $7.56, Change: $+0.09, Percent Change: +1.14%

$MBLY

Wire133d ago

SKYX Platforms Collaborates With Group OTT in Europe

SKYX Platforms (SKYX) said Tuesday it is collaborating with Group OTT founder Jean-Francois Ott to deploy its smart electrical systems across Group OTT's properties in Europe.Installation of SKYX's technologies in current and future hospitality assets is projected to cut construction time and renovation costs by up to 90%, the company said.The company said it is also negotiating with additional property owners for the use of its smart technologies in other commercial buildings.Shares of the company were up 5.7% in Tuesday trading.Price: $1.21, Change: $+0.07, Percent Change: +5.70%

$SKYX

Treasury133d ago

Desjardins Asks If High Oil Prices Will Spoil The Resilience of Consumers in Canada

The conflict with Iran has sent global oil prices soaring, pushing up fuel and fertilizer costs, while transportation bottlenecks have resurfaced, raising concerns that supply chain pressures could once again drive up the cost of everything, notes Randall Bartlett at Desjardins.This energy price shock risks weighing on Canadian consumers, who remained resilient throughout the trade war with the United States, Bartlett says.According to Bartlett, the lowest-income households, already under significant financial strain, are the least able to handle a reacceleration in inflation. However, he says, they are also less exposed to higher transportation costs in the near term than more affluent households.In addition, Bartlett notes, the increase in the GST/HST credit -- the Canada Groceries and Essentials Benefit, planned before the Iran conflict -- should more than offset the consumption impact of higher energy costs in the middle part of 2026.Bartlett says tax cuts, price controls and increased income transfers to the most financially vulnerable households are levers all levels of government could pull to provide additional relief to Canadians. But, he adds, they all come at a cost, and some more than others. "Policy options for offsetting the inflationary impact of higher energy prices will need to balance providing broad support with assisting the Canadians in greatest need, all while keeping an eye on fiscal sustainability," Bartlett notes.

$CXY

Treasury133d ago

High Wildfire and Flood Scores Seen For Municipal Bond Offerings This Week

Multiple municipal bond offerings this week have a high exposure to climate risk, specifically high Flood and Wildfire Scores, according to ICE Climate Data.A $17 million offering from Freeport, N.Y., records a Flood Risk Score of 5.0 out of 5.0, ICE reports. Locations with a component Physical Climate Risk Score, which includes Flood, Wildfire and Hurricane, of 3.0 or higher out of 5.0 indicate high physical climate risk due to hurricane, flooding or wildfire events.An $84 million bond deal from Val Verde Unified School District, Calif., has Wildfire Risk Score of 5.0 out of 5.0 on ICE's scale, while a $7 million tranche from Harris County Utility District No. 6, Texas, records an Extreme Heat Score of 4.3.Elsewhere, a $360 million offering from Miami-Dade County School District, Fla., records an Acute Physical Risk Score of 4.2, and a $10 million deal from Eunice Municipal Schools, N.M., has a Combined Physical Risk Score of 3.2, due to their proximity to weather-related events, according to ICE Climate Data.This content is created byand includes certain data sourced from ICE Climate Data ("ICE"). Views ofdo not necessarily represent the views of ICE. ICE is not a nationally registered statistical rating organization, nor should this commentary be construed to constitute an assessment of the creditworthiness of any company or financial instrument or as providing investment advice. Climate analytics available from ICE are meant to be generally indicative of overall feature sets but should not be considered an analyst's opinion of the underlying investability of a particular location or security.The ICE Climate Risk Score is a singular, 0.0-5.0 assessment score that blends all the ICE Spatial Intelligence Platform's climate hazard models together into one rigorous, relative measure of total property risk from physical climate hazards to a given location or set of locations related to the investment. To learn more about the ICE Climate Risk Data, visit: ICE Sustainable Finance Data (https://www.ice.com/data-services/sustainable-finance-data/disclaimer)

Wire133d ago

LPL Financial Leads Acquisition of Mariner Advisor Network

LPL Financial (LPLA) said Tuesday it has agreed to acquire Mariner Advisor Network, a Mariner unit that serves hundreds of advisors managing about $31 billion in assets.Under the transaction, 223 advisors will remain on LPL's platform while 144 hybrid advisors will transition to Private Advisor Group's RIA model, it added.LPL said the deal aims to strengthen its supported independence model, expand advisor technology and wealth management capabilities, and maintain client service continuity.Financial terms of the transaction were not disclosed.Price: $325.45, Change: $+3.56, Percent Change: +1.10%

$LPLA

Wire133d ago

Update: Wells Fargo Shares Fall After Q1 Results

(Updates to add the latest stock move in the headline and the first paragraph.)Wells Fargo (WFC) shares were down more than 4% in early Tuesday trading after the company posted its results for Q1.The company reported quarterly earnings of $1.60 per diluted share, up from $1.39 a year earlier.Analysts polled by FactSet expected $1.58.Revenue for the quarter ended Mar 31 was $21.45 billion, compared with $20.15 billion a year earlier.Analysts surveyed by FactSet expected $21.79 billion.Price: $82.71, Change: $-3.93, Percent Change: -4.54%

$WFC

Wire133d ago

Cloudflare Partners With Wiz on AI Security; Launches Cloudflare Mesh Networking System

Cloudflare (NET) said Tuesday it has formed a partnership with artificial intelligence security firm Wiz, which is a unit of Alphabet's (GOOG) Google.The company said the collaboration is intended to eliminate AI "blind spots" across infrastructure, allowing security teams to accelerate AI adoption and prioritize risks.Cloudflare also said Tuesday that it has launched Cloudflare Mesh, a private networking system for AI agents.The company said the product is intended to create a secure network that combines AI agents, humans, and multicloud infrastructure.Price: $183.61, Change: $-0.41, Percent Change: -0.22%

$GOOG$NET

Wire133d ago

Update: CarMax Shares Decline Amid Lower Fiscal Q4 Adjusted Earnings, Revenue

(Updates to include CarMax's recent stock movement in the headline and first paragraph.)CarMax (KMX) shares were down more than 13% in early Tuesday trading after the company posted lower fiscal Q4 adjusted earnings and net sales.The company reported fiscal Q4 adjusted earnings of $0.34 per diluted share, down from $0.64 a year earlier.Analysts polled by FactSet expected $0.23.Net sales and operating revenue for the quarter ended Feb. 28 was $5.95 billion, compared with $6.00 billion a year earlier.Analysts surveyed by FactSet expected $5.72 billion.Price: $42.44, Change: $-6.62, Percent Change: -13.49%

$KMX

Wire133d ago

UBS Adjusts Price Target on Lear to $135 From $145, Maintains Neutral Rating

Lear (LEA) has an average rating of overweight and mean price target of $141.14, 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: $124.25, Change: $+1.01, Percent Change: +0.82%

$LEA

Wire133d ago

Root, Carvana Surpass 200,000 Policies in Embedded Insurance Program

Root (ROOT) and Carvana (CVNA) said Tuesday they have exceeded 200,000 policies through their embedded auto insurance partnership.The product combines Root's data-driven underwriting with Carvana's online sales system to allow customers to obtain insurance at the point of sale.The companies said Root is the exclusive insurance provider for Carvana customers in 36 states where it operates, with coverage integrated into the vehicle purchase process on Carvana's platform.Price: $45.66, Change: $+0.08, Percent Change: +0.18%

$CVNA$ROOT

Wire133d ago

Vertiv, CPower Energy Collaborate to Turn Data Center Energy Assets Into Grid Resources

Vertiv (VRT) and CPower Energy said Tuesday they are collaborating to help US data centers accelerate "speed-to-power" and boost grid capacity by converting battery energy storage systems and other "behind-the-meter" assets into grid resources.Financial details weren't disclosed.Vertiv has integrated its EnergyCore Grid battery energy storage system with CPower's virtual power plant platform, enabling data centers to use on-site energy assets for demand response and other grid services while enhancing resilience and improving the economic value of infrastructure, the companies said.Price: $301.95, Change: $+1.99, Percent Change: +0.66%

$VRT

Wire133d ago

UBS Adjusts Price Target on Gentex to $24 From $25, Maintains Neutral Rating

Gentex (GNTX) has an average rating of overweight and mean price target of $25.71, 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: $21.94, Change: $-0.19, Percent Change: -0.86%

$GNTX

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Treasury133d ago