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Money Talk

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Market Quotes

Found 4733 articles

Market Quotes

i-80 Gold Terminates Legacy Offtake Deal to Capture Market Pricing

Nevada-focused miner i-80 Gold has scrapped a restrictive sales agreement with Vox Royalty, a strategic move intended to reclaim control over its production output. By eliminating a fixed-price delivery obligation for its Granite Creek and Ruby Hill properties, the company aims to capitalize on current market valuations rather than historical benchmarks.

Market Quotes

Apogee Enterprises Shares Surge on Profit Turnaround

Shares of Apogee Enterprises climbed 12% to $47.60 in premarket trading after the architectural products manufacturer reported a sharp shift to profitability. Despite a slight dip in quarterly revenue, the company’s aggressive cost-cutting measures successfully propelled its bottom line out of the previous year’s red ink.

Market Quotes

Acadia Pharmaceuticals Surges on European Approval Milestone

Shares of Acadia Pharmaceuticals climbed 13% to $27.30 in premarket trading Friday, reacting to a favorable recommendation from the European Medicines Agency for its Rett syndrome treatment, Daybu. The decision marks a critical step toward securing marketing authorization for the neurodevelopmental drug across the European Union.

Market Quotes

Raytheon Secures $1.1 Billion Navy Deal for AIM-9X Missiles

A $1.1 billion contract from the U.S. Navy will see Raytheon ramp up production of its AIM-9X Block II missiles. The agreement, announced Friday, aims to replenish domestic stockpiles while addressing a surge in procurement requests from allied nations looking to modernize their infrared-tracking capabilities.

Market Quotes

UFC South Lawn Fight Sets Record for TKO Group

The cage match staged on the White House South Lawn this June drew an estimated 34 million global viewers, marking the highest domestic viewership in the history of the Ultimate Fighting Championship. TKO Group confirmed the numbers following a complex aggregation of international broadcast data finalized weeks after the event.

Market Quotes

Mexico Records Third Consecutive Monthly Trade Surplus

Driven by a robust 25.4% surge in exports, Mexico secured a $2.26 billion trade surplus in May. This performance marks the third straight month of positive trade balance, as the country’s export growth successfully outpaced a 24% rise in import spending, according to data released by the national statistics institute Inegi.

Market Quotes

Erdene Resource Development Launches Share Buyback After Stock Slump

With its stock price down 40% since the beginning of 2026, Erdene Resource Development is moving to stabilize its market position. The Canadian firm secured approval from the Toronto Stock Exchange to initiate a normal course issuer bid, targeting the repurchase of up to 4.9 million shares for cancellation.

Market Quotes

Corus Entertainment Losses Deepen Amid Advertising Slump

A 16% revenue slide has pushed Corus Entertainment into a deeper financial hole, with the Canadian media giant reporting a quarterly loss of C$36.5 million. The company continues to struggle against a persistent decline in television advertising, leaving earnings well short of market expectations for the period ending May 31.

Market Quotes

Bunker Hill Mining Gains Ground in Idaho Water Dispute

A federal court in Idaho has dismantled the core of Crescent Mine's litigation against Bunker Hill Mining, dismissing central claims under the Comprehensive Environmental Response, Compensation, and Liability Act. The ruling effectively halts Crescent’s bid to force a mine drainage mandate, shifting the legal momentum back to Bunker Hill.

Market Quotes

Elroy Air Targets Nasdaq Listing in $1 Billion SPAC Merger

Autonomous heavy-cargo drone developer Elroy Air is moving toward a public listing through a merger with Columbus Circle Capital. The blank-check firm confirmed the deal on Friday, setting the stage for the aviation startup to transition from specialized prototype development to large-scale commercial manufacturing by the end of the year.

Market Quotes

PowerBank Secures First U.S. Federal Contract for Defense Site

A $2.95 million federal contract will see Toronto-based PowerBank install a solar-powered canopy and electric-vehicle charging infrastructure at the Armed Forces Reserve Center in Farmingdale, New York. The project marks the solar and battery storage firm’s first direct engagement with the U.S. Department of Defense and the Department of the Army.

Market Quotes

Fortrea Holdings Names Jason Knoblauch as New CFO

Jill McConnell is stepping down as chief financial officer of Fortrea Holdings, marking a leadership transition for the contract-research organization. The company confirmed that McConnell will remain through a transition period, while the search for her replacement has concluded with the appointment of an industry veteran.

Market Quotes

Incyte’s Opzelura Nears EU Approval for Eczema Treatment

The European Medicines Agency has issued a positive recommendation for Opzelura, Incyte’s topical cream intended to treat moderate atopic dermatitis. Should the European Commission follow this guidance, the product would become the first steroid-free topical therapy available in the European Union for patients who have not responded to standard treatments.

Market Quotes

Eli Lilly Wins European Backing for Leukemia Treatment Jaypirca

European regulators have issued a positive opinion recommending Jaypirca as a primary treatment for chronic lymphocytic leukemia, marking a significant step toward broader market availability for Eli Lilly. The decision follows a review of clinical data indicating the drug provides consistent efficacy across all lines of therapy.

Market Quotes

Mattr Clears Regulatory Hurdle for 3.6 Million Share Buyback

With shares surging nearly 58% throughout 2026, Mattr has secured approval from the Toronto Stock Exchange to initiate a fresh buyback program. The materials technology firm plans to repurchase up to 10% of its outstanding stock, targeting 3.6 million shares for cancellation starting at the end of June.

Market Quotes

Lululemon Expands Board Following Settlement With Founder Chip Wilson

Chip Wilson’s long-standing public campaign against Lululemon’s leadership has reached a resolution, with the retailer appointing two new board directors. The move, which expands the board from nine to 11 members, follows an agreement designed to avert a potential proxy fight that threatened the company’s governance stability.

Market Quotes

Titan Mining Stock Jumps 39% on U.S. Army Graphite Deal

A 39% premarket surge pushed Titan Mining shares to $3.10 on Friday, reversing a 25% year-to-date slide after the company secured long-term leases from the U.S. Army. The agreement grants the miner space at two Alabama military bases to construct a domestic facility for purifying graphite, a critical battery material.

Market Quotes

Sinda Sets IPO Price at $12 Per Share

Sinda is hitting the public market with a valuation anchored at $12 a share, signaling a pivotal expansion for the silver-mining firm. The company confirmed late Thursday that it intends to offload approximately 17.8 million shares, with underwriters holding a 30-day window to acquire an additional 2.66 million units.

Market Quotes

S.Science Co. Losses Deepen to 2.53 Billion Yen

Tokyo-based S.Science Co. Ltd. reported a significant widening of its financial losses for the fiscal year ending March 31, 2026, with net losses surging to 2.53 billion yen. This marks a sharp decline from the 96 million yen loss recorded during the previous fiscal year, despite a notable increase in annual revenue.

Market Quotes

TotalEnergies Employees Invest 310 Million Euros in Capital Increase

More than 59,000 TotalEnergies employees across 97 countries have purchased company shares, committing 310.5 million euros in the latest capital increase. The move pushes employee ownership to approximately 7.6% of the energy giant’s total share capital, signaling strong internal support for the firm's long-term strategic direction.

Market Quotes

Naito & Co. Profits Quadruple in Strong First Quarter

Naito & Co. reported a sharp surge in profitability for the first quarter ending May 31, with net profit reaching 235 million yen compared to 53 million yen during the same period last year. The results reflect significant gains across the company's financial metrics under Japanese accounting standards.

Market Quotes

Techno Horizon Swings to Profit as Revenue Climbs

Techno Horizon Co. Ltd. recorded a net profit of 2.46 billion yen for the fiscal year ending March 31, marking a sharp reversal from the 616 million yen loss reported the previous year. The Japanese firm’s financial turnaround was driven by steady top-line growth and a significant expansion in operating margins.

Market Quotes

Nishimatsuya Chain Reports 3.77 Billion Yen Profit for First Quarter

Nishimatsuya Chain Co. Ltd. posted a net profit of 3.77 billion yen for the first quarter ending May 20, 2026, as the Japanese retailer navigated a period of steady fiscal performance. The company’s latest financial results, reported under Japanese accounting standards, highlight a revenue stream totaling 54.55 billion yen.

Market Quotes

Global Markets Stumble as Asian Equities Lead Sell-Off

A 4.2% plunge in Japan’s Nikkei 225 set a gloomy tone for global markets today, as investors retreated from riskier assets across Asia and Europe. While U.S. futures show a split performance, the broader sentiment remains cautious following significant drops in major crude oil benchmarks and regional indices.

Market Quotes

Topsports Shares Plummet on Nike Distribution Rumors

A 12% slide in Topsports International stock on Friday capped a brutal week for the retailer, as investors reacted to speculation that Nike may strip its Chinese distributors of e-commerce rights by 2027. The plunge follows a 15% drop on Wednesday, leaving the company struggling to stabilize market confidence.

Market Quotes

Scor Faces $56.8 Million Hit After Tribunal Ruling Against Covea

A Paris tribunal has ordered French reinsurer Scor to pay $488.3 million in compensation to Covea Group, citing a failure to uphold critical contractual obligations. The ruling centers on disputes over retrocession treaties, forcing Scor to account for the financial fallout in its upcoming second-quarter earnings report.

Market Quotes

Okuwa Slips into Quarterly Loss as Revenue Dips

A sharp reversal in fortunes saw Okuwa Co. Ltd. report a net loss of 268 million yen for the first quarter ended May 20, a stark contrast to the 5 million yen profit posted during the same period last year. The retailer struggled against narrowing margins as revenue retreated to 59.71 billion yen.

Market Quotes

DCM Holdings Reports Profit Growth in First Quarter

DCM Holdings Co. Ltd. posted a net profit of ¥6.56 billion for the first quarter ended May 31, marking a steady increase from the ¥5.88 billion recorded during the same period last year. The Japanese retailer saw its earnings per share rise to ¥47.75, up from ¥43.90 in the prior year.

Market Quotes

Palemo Holdings Swings to Profit in First Quarter

Palemo Holdings posted a net profit of 11 million yen for the first quarter ending May 20, marking a decisive turnaround from the 24 million yen loss recorded during the same period last year. The Japanese firm’s latest financial report highlights a shift toward positive earnings despite a slight contraction in overall revenue.

Market Quotes

Ichibanya Reports Profit Dip Despite Revenue Growth

A 21 percent slide in net profit hit Ichibanya Co. Ltd. during the first quarter ending May 31, as the Japanese curry chain saw earnings drop to 728 million yen from 922 million yen in the same period last year, according to the company’s latest financial disclosures.