Newsfeeds Archive - Page 39 of 246

1 minute read

AZZ Eyes Growth Spurt: Strong Markets Fuel FY25 Sales, Profit Forecast

April 8, 8:43 AM

AZZ raises FY25 guidance due to strength in several end markets. Sales outlook increased to $1.525-$1.625B, adjusted EPS to $4.50-$5.00, and adjusted EBITDA to $310-$360M. Company plans to report Q4 results on April 22, 2024.

AZZ

1 minute read

Fortuna Silver’s Q1 Surprise: Big Gold Gains Outshine Silver Slide

By Lekha Gupta

April 8, 8:13 AM

Fortuna Silver Mines reports strong production in Q1 2024 from its mines in West Africa and Latin America. Gold and silver production up and FY24 guidance reaffirmed.

FSM

1 minute read

Why Perion Network Shares Are Diving Premarket Monday

By Lekha Gupta

April 8, 7:21 AM

Perion Network shares tumble after reporting Q1 FY24 results & updated guidance. Revenue $157M (+8% Y/Y), adjusted EBITDA $20M (-36% Y/Y).

PERI

2 minute read

Why Is EHang Holdings Stock Gaining Today?

By Lekha Gupta

April 8, 6:51 AM

EHang shares jump after obtaining Production Certificate for EH216-S eVTOL aircraft from Civil Aviation Administration of China. Progress towards mass production and commercial operations.

2 minute read

TotalEnergies Eyes Growth With Texas Project But Cites Papua LNG Delay

By Lekha Gupta

April 8, 6:30 AM

TotalEnergies SE acquires Lewis Energy Group's 20% stake in Dorado leases operated by EOG Resources, boosting natural gas production in Texas and LNG value chain.

EOG

1 minute read

Analyzing Retail REITs: Upgraded Outlook for Tanger, Downgraded Expectations for Kimco and ROIC

By Lekha Gupta

April 5, 1:52 PM

BofA Securities analyst Jeffrey Spector upgraded AKR, Tanger Inc., and downgraded KIM and ROIC after Retail Executive Summit with 8 REITs.

AKR

1 minute read

BASF Lights Up China’s Mega-Project with ENN Energy Gas Deal

By Lekha Gupta

April 5, 12:42 PM

BASF signed a contract with ENN Energy for natural gas supply for its Zhanjiang Verbund site in China, boosting clean energy partnership.

BASFY

1 minute read

Visa Teams Up With Skipify ‘To Enrich Consumer Experiences,’ Shares Rise

By Lekha Gupta

April 5, 12:09 PM

Visa (V) shares rise as partnership with Skipify aims to simplify and accelerate payment process, delivering convenience and security for consumers.

IYG

2 minute read

Why Rail Transport Company Greenbrier’s Shares Are Trading Higher Today

By Lekha Gupta

April 5, 11:31 AM

Greenbrier reported Q2 FY24 results with $862.7M revenue, 99% fleet utilization, $690M in new orders, and $3.6B backlog. FY24 outlook raised, expects $3.5B-$3.7B in revenue and 23,500-25,000 units delivered. Quarterly dividend of $0.30/share.

AIRR

1 minute read

Hitch in the Haymaker: FTC Request Delays Chesapeake-Southwestern Merger

By Lekha Gupta

April 5, 9:35 AM

Chesapeake Energy's merger with Southwestern Energy delayed as FTC requests more info. Expected to be completed in second half of 2024.

CHK