Financial News · Live Terminal

Page 794 of 3508

RBC Updates Estimates for Ryanair Ahead of Fiscal Q1 Results; Outperform Rating Kept

RBC Capital Markets adjusted its model for Ryanair (RYA.IR), tweaking its earnings forecasts for the Irish budget airline ahead of its fiscal first-quarter results due July 20."We update macro forecasts ahead of 1Q results, and reflect a lower oil price since our last update in May. We firm EBIT and EPS forecasts by ~2-3% on average over FY27E-FY29E (weighted towards FY27E-FY28E)," the research firm said Monday.Additionally, analysts forecast higher fuel unit costs in fiscal 2028, as their 2027 estimates included "protection" from pre-war fuel hedges, leaving their forecasts below market expectations.Against this backdrop, RBC cut its revenue projections for 2028 and 2029, while increasing its forecast for 2027.The stock remains rated at outperform, with an unchanged price target of 29 euros.

$RYA.IR

Equities27d ago

BP Expects to Report $1 Billion in Impairments in Q2

BP's (BP) Q2 results are expected to include post-tax adjusting items relating to impairments of around $1.0 billion."These charges are primarily attributable to transition businesses in the gas & low carbon energy segment and are excluded from underlying replacement cost profit," the company said in a trading statement early Tuesday.Net debt at the end of Q2 is expected to be $22 billion to $23 billion, down from $25.3 billion duiring Q1.Shares of the company traded 1.7% higher in premarket activity.

$BP

Oil & Energy27d ago

Tanker Hit by Projectile Near Oman's Limah, UKMTO Reports

A tanker was hit by an unidentified projectile near Limah in Oman on Monday, United Kingdom Maritime Trade Operations said in an alert on Tuesday.The incident occurred about 40 nautical miles northeast of Qalhat, Oman when an unknown projectile hit the tanker's starboard side engine room, UKMTO said.All crew are safe and no environmental impact was reported.

Asia27d ago

AVIC Shenyang Aircraft Expects H1 Profit to Drop 58%

AVIC Shenyang Aircraft (SHA:600760) expects its net profit attributable to shareholders in the first half to drop by approximately 58% to 474.7 million yuan from 1.14 billion yuan a year earlier, according to a Shanghai bourse filing on Tuesday.Earnings per share a year earlier was 0.41 yuan.The Chinese aircraft manufacturer attributed the forecast to a decline in revenue and profit due to the number of shipments declining due to delays and other factors.

SHA:600760

Asia27d ago

China's Smartphone Shipments Drop 4.3% in Q2

China's smartphone shipments for the second half of the year fell 4.3% year on year to 66 million units as prices increased, according to Tuesday data from research firm IDC.The number of smartphone shipments declined for the fifth consecutive quarter.The research firm said consumers were hesitant to upgrade their units as vendors raised their prices or trimmed configurations due to the increase in memory and core component costs starting from late March. The lift from government subsidies also faded.Among brands, Huawei led the local market share in the second quarter, owning 22.6% of the market share and its shipments growing 19.4% year on year. Apple followed suit, owning 18.1% of the domestic market share, and its shipments climbing 24.4% from a year earlier.However, both brands kept their prices steady while their competitors increased their prices, according to the IDC."That gave hesitant buyers a reason to go ahead and purchase in a quarter when most of the market was giving them a reason to wait," Arthur Guo, research analyst at IDC China's client devices research, said.

Shanghai Composite^SZSE

Oil & Energy27d ago

BP to Profit from Refining, Trading Despite Production Dip

Energy major BP (BP) expects a strong boost from oil trading and refining margins in Q2 2026, helping to offset a decline in upstream production caused by seasonal maintenance and ongoing Middle East disruptions, the company said on Tuesday.The company projected upstream output to fall to between 2,170,000 and 2,220,000 barrels of oil equivalent per day (mboe/d), down from 2,339 mboe/d in Q1.This decline is largely attributed to seasonal maintenance in the Gulf of America and disruption stemming from conflict in the Middle East.Despite the volume drop, BP anticipated a positive impact on earnings from realizations in its oil and gas segments.The company expects a $1.8 billion to $2.1 billion boost from oil production and operations, alongside an additional $0.5 billion to $0.7 billion from gas and low-carbon energy.Meanwhile, the products segment is set to benefit from stronger refining margins, projected to add between $1.2 billion and $1.4 billion, despite lower throughput at the Whiting refinery and increased turnaround activity, it said.Looking ahead, BP maintained that its refining margins will remain highly sensitive to cost-of-supply factors and the evolving situation in the Middle East.While reported upstream production is expected to face continued pressure for the remainder of the year due to regional instability, the company's underlying oil operations are expected to be stable.

$BP

Insider Trading27d ago

Arista Networks Insider Sold Shares Worth $45,616,220, According to a Recent SEC Filing

Jayshree Ullal, Director, Chief Executive Officer and Chairperson, on July 09, 2026, sold 242,422 shares in Arista Networks (ANET) for $45,616,220. Following the Form 4 filing with the SEC, Ullal has control over a total of 27,727,919 common shares of the company, with 9,917 shares held directly and 27,718,002 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1596532/000159653226000160/xslF345X05/edgardoc.xml

$ANET

Insider Trading27d ago

Block Insider Sold Shares Worth $1,400,400, According to a Recent SEC Filing

Anthony Mathew Eisen, Director, on July 09, 2026, sold 18,000 shares in Block (XYZ) for $1,400,400. Following the Form 4 filing with the SEC, Eisen has control over a total of 1,838,672 Class A common shares of the company, with 1,838,672 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1512673/000162828026048060/xslF345X05/wk-form4_1783980773.xml

$XYZ

Insider Trading27d ago

Concrete Pumping Holdings Insider Sold Shares Worth $1,082,976, According to a Recent SEC Filing

Brent M Stevens, 10% Owner, Director, on July 09, 2026, sold 100,000 shares in Concrete Pumping Holdings (BBCP) for $1,082,976. Following the Form 4 filing with the SEC, Stevens has control over a total of 11,502,430 common shares of the company, with 497,155 shares held directly and 11,005,275 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1703956/000143774926023453/xslF345X05/rdgdoc.xml

$BBCP

Asia27d ago

Izumi's Profit Climbs 7.5% in Fiscal Q1

Izumi's (TYO:8273) profit attributable to owners of the parent rose 7.5% to 4.53 billion yen for the fiscal first quarter from 4.21 billion yen a year earlier.The retailer's basic earnings per share increased to 21.55 yen from 19.75 yen a year ago, according to a Tokyo bourse filing on Tuesday.Net sales rose 2.8% to 140.3 billion yen for the three months ended May 31 from 136.5 billion yen in the prior year.For the full fiscal year ending Feb. 28, 2027, the company expects attributable profit of 17.4 billion yen, EPS of 82.82 yen, and net sales of 587.1 billion yen.Izumi plans to pay interim and year-end dividends of 15 yen per share, each, for the current fiscal year, which is lower than the amounts paid in the prior fiscal year.

TYO:8273

Asia27d ago

Tata Consultancy Services Partners With JFK's New Terminal One on Airport Technology

Tata Consultancy Services (NSE:TCS, BOM:532540) has entered into a strategic partnership with the New Terminal One at John F. Kennedy International Airport in the US to provide technology and innovation services for the new terminal.Tata Consultancy will develop digital infrastructure, AI-enabled IT operations and airport management solutions to support passenger processing, luggage handling and terminal security, according to an Indian bourse filing on Tuesday. The partnership is aimed at improving operational efficiency and enhancing the passenger experience while reducing costs for airlines.

BOM:532540NSE:TCS

Insider Trading27d ago

Grupo Financiero Galicia Insider Bought Shares Worth $2,160,639, According to a Recent SEC Filing

Silvestre Vila Moret, Director, on July 07, 2026, executed a purchase for 399,824 shares in Grupo Financiero Galicia (GGAL) for $2,160,639. Following the Form 4 filing with the SEC, Moret has control over a total of 3,000,000 Class B ordinary shares of the company, with 3,000,000 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1114700/000121390026077729/xslF345X05/ownership.xml

$GGAL

Insider Trading27d ago

Glaukos Insider Sold Shares Worth $1,550,000, According to a Recent SEC Filing

Alex R. Thurman, Senior Vice President and Chief Financial Officer, on July 09, 2026, sold 10,000 shares in Glaukos (GKOS) for $1,550,000. Following the Form 4 filing with the SEC, Thurman has control over a total of 43,681 common shares of the company, with 43,681 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1192448/000192006126000014/xslF345X05/form4-07142026_120710.xml

$GKOS

Asia27d ago

Market Chatter: Tata Power Eyes $450 Million Overseas Loan

Tata Power (NSE:TATAPOWER, BOM:500400) is eyeing a five-year loan worth at least $450 million overseas, Bloomberg reported Tuesday citing people familiar with the matter.The power company is currently in early-stage negotiations with banks for the loan, which will be used for its business operations, according to the report.The company will secure the loan with shares it holds in Indonesian and Singaporean units, the people said.Tata Power is reportedly "evaluating all financing options including ECB loans in order to optimize cost of debt and based on the end use," Bloomberg said citing Chief FinancialOfficer Sanjeev Churiwala.The company isn't currently considering ECB loans to raise $450 million, Churiwala clarified.Tata Power did not immediately respond to' request for a 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.)

BOM:500400NSE:TATAPOWER

Insider Trading27d ago

CrowdStrike Holdings Insider Sold Shares Worth $3,856,250, According to a Recent SEC Filing

George Kurtz, Director, President and Chief Executive Officer, on July 09, 2026, sold 20,000 shares in CrowdStrike Holdings (CRWD) for $3,856,250. Following the Form 4 filing with the SEC, Kurtz has control over a total of 8,633,544 Class A common shares of the company, with 8,233,544 shares held directly and 400,000 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1535527/000177856426000117/xslF345X05/form4-07132026_080701.xml

$CRWD

Insider Trading27d ago

Planet Labs Insider Sold Shares Worth $2,322,224, According to a Recent SEC Filing

Robert H Schingler, Director, Co-Founder Chief Strategy Officer, on July 10, 2026, sold 89,593 shares in Planet Labs (PL) for $2,322,224. Following the Form 4 filing with the SEC, Schingler has control over a total of 1,050,712 Class A common shares of the company, with 825,541 shares held directly and 225,171 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1836833/000189763626000005/xslF345X05/ownership.xml

$PL

Asia27d ago

Pan Pacific International's Delisted Unit Olympic Group Reports Wider Fiscal Q1 Loss

Pan Pacific International's (TYO:7532) delisted subsidiary, Olympic Group's, loss attributable to owners of the parent widened to 717 million yen for the fiscal first quarter ended May 31 from 311 million yen a year earlier.The company's basic loss per share came in at 31.24 yen, versus 13.56 yen a year ago, according to a Tokyo bourse filing on Tuesday.Net sales, however, edged up 0.6% year on year to 24.6 billion yen from 24.5 billion yen.Olympic Group was delisted on June 29, through a share exchange, and became a wholly owned subsidiary of Pan Pacific International on July 1.

TYO:7532

Insider Trading27d ago

Planet Labs Insider Sold Shares Worth $5,183,940, According to a Recent SEC Filing

William Spencer Marshall, Director, Co-Founder and Chief Executive Officer, on July 10, 2026, sold 200,000 shares in Planet Labs (PL) for $5,183,940. Following the Form 4 filing with the SEC, Marshall has control over a total of 2,703,115 Class A common shares of the company, with 2,703,115 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1836833/000189846826000004/xslF345X05/ownership.xml

$PL

Oil & Energy27d ago

EMEA Natural Gas Update: Futures Rise Over 3% in Early Trade Ahead of US Blockade of Iran

European natural gas futures gained more than 3% in early Tuesday trade as the continued escalation in hostilities between US and Iran and the resumption of the US naval blockade of Iranian ports dented hopes of a normalization of traffic through the Strait of Hormuz.The front-month Dutch TTF contract rose 3.56% to 53.095 euros ($61.48) per megawatt-hour, while the UK front-month NBP contract gained 3.59% to 128.61 British pence ($1.72) per therm.Dutch TTF futures passed the 53 euros per MWh level for the first time since April 7, according to Trading Economics data.The renewed conflict between Iran and the US has abruptly halted the gradual recovery in liquefied natural gas exports from the Middle East and raised fears of new disruptions to gas exports from the region, Trading Economics said.ANZ analyst Daniel Hynes said that major producer Qatar delayed increasing LNG production due to safety concerns after one of its tankers was attacked."The latest events will make it increasingly difficult for Europe to refill its storage facilities heading into the norther hemisphere winter. Current storage levels sit at 52%, well below the normal seasonal level of 67%," according to ANZ analyst Daniel Hynes.The US Central Command on Monday said it will recommence the blockade of maritime traffic entering and exiting Iranian ports from 4pm ET Tuesday. This follows an initial US blockade from April 13 to June 18.President Trump said that the US will serve as the "guardian" of the Strait of Hormuz, while Central Command continues a sustained campaign of strikes against Iranian military targets to degrade their ability to threaten commercial traffic.According to media reports citing Iran's Islamic Revolutionary Guard Corps, the IRGC has targeted US forces and key facilities through missiles and drone attacks in Jordan and Bahrain."The market continues to move higher this morning following the US reimposing a blockade on Iran, generating plenty of uncertainty over LNG flows from the Persian Gulf," research firm ING said in a note."Europe is looking vulnerable heading through the injection season, with storage just 52% full, well below the 5-year average of 68%. JKM's continued premium to TTF is prompting LNG cargoes to be redirected to Asia, leaving Europe tighter," the note said.

Asia27d ago

Market Chatter: South Korean Court Postpones Watchdog Ruling on Coupang's Controlling Entity

The Seoul High Court has postponed a Fair Trade Commission (FTC) ruling that names e-commerce company Coupang's founder, Kim Bom, as the controlling entity, Reuters reported on Tuesday, citing a court filing.The court suspension will last 30 days after a ruling in the main lawsuit, the report said.Both Coupang and Kim filed for the injunction against the April FTC decision, which placed the Korean-American founder as the group's "same person" instead of Coupang, according to the report.The designation requires the US-listed company to release additional disclosures, the report said.Coupang did not immediately respond 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.)

^KOSDAQKOSPI

Showing 15861-15880 of 70145

Oil & Energy27d ago