News
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Scilex Announces S-4 Effectiveness for Denali–Semnur Merger Proposal
Aug 13 (Reuters) - Denali Capital Acquisition Corp DNQAF.PK:SCILEX HOLDING COMPANY (NASDAQ: SCLX) ANNOUNCES EFFECTIVENESS OF REGISTRATION STATEMENT ON FORM S-4 FOR THE PROPOSED BUSINESS COMBINATION OF DENALI CAPITAL ACQUISITION CORP. AND SEMNUR PHARMACEUTICALS, INC., A MAJORITY-OWNED SUBSIDIARY OF S...Reuters
Wed, Aug 13
First Atlantic Nickel Reports Initial Phase 2 Drill Results
Aug 13 (Reuters) - First Atlantic Nickel Corp FAN.V:FIRST ATLANTIC NICKEL REPORTS INITIAL PHASE 2 DRILL RESULTS: DEEPEST DRILL HOLE TO DATE AT RPM ZONE RETURNS 1.27% AWARUITE NICKEL ALLOY (NI₃FE) IN MAGNETIC CONCENTRATE OVER 447 METERSReuters
Wed, Aug 13
IT firm Alithya's Q1 revenue beats expectations
OverviewAlithya fiscal Q1 2026 revenue grows 2.7% yr/yr, beating analyst expectationsAdjusted net earnings rise 31.8% yr/yr, driven by acquisitionsCo acquires eVerge Interests, enhancing enterprise application servicesOutlookCompany aims for profitable growth and value creationAlithya focuses on lev...Reuters
Wed, Aug 13
Gauzy Announces Second Quarter 2025 Results
Aug 13 (Reuters) - Gauzy Ltd GAUZ.O:GAUZY LTD. ANNOUNCES SECOND QUARTER 2025 RESULTSGAUZY LTD: EXPECT FULL YEAR REVENUE TO BE IN RANGE OF $130 MILLION TO $140 MILLIONGAUZY LTD: REAFFIRMS 2025 GUIDANCEGAUZY LTD: Q2 REVENUE $20.1 MILLIONGAUZY LTD: Q2 EPS $-0.57Reuters
Wed, Aug 13
McDonald’s franchisee Arcos Dorados' Q2 revenue meets estimates
OverviewArcos Dorados Q2 2025 rev rises 2.8% to $1.14 bln, meeting analyst expectationsAdjusted EBITDA for Q2 beats analyst estimates, despite margin pressure in BrazilSystemwide comparable sales grew 12.1% yr/yr, driven by NOLAD and SLAD regionsCo opened 20 new EOTF restaurants, expanding its footp...Reuters
Wed, Aug 13
Trump, ahead of talks on war in Ukraine, says European leaders want a deal
WASHINGTON, Aug 13 (Reuters) - U.S. President Donald Trump, ahead of his planned virtual meeting with European leaders and Ukrainian President Volodymyr Zelenskiy later on Wednesday, praised Europe's leaders in a post on social media and said they "want to see a deal done."Reuters
Wed, Aug 13
Sapiens Q2 revenue up 3.5%, beats expectations
OverviewSapiens Q2 2025 rev rises 3.5% yr/yr, beating analysts' expectationsAdjusted EPS and net income for Q2 beat consensusCo completed acquisitions of Advantage Go and Candella, boosting P&C and Life segmentsOutlookSapiens expects acquisitions to strengthen P&C and Life growthCompany ...Reuters
Wed, Aug 13
Morning News Call - Canada, August 13
To access a PDF version of this newsletter, please click hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageCOMPANIES REPORTING RESULTSAug ...Reuters
Wed, Aug 13
ADVISORY-Multiple research alerts on Wells Fargo initiating coverage on several US stocks withdrawn
Aug 13 (Reuters) - Multiple research alerts on Wells Fargo starting coverage of several U.S. stocks, including that of Public Service Enterprise Group PEG.N and Xcel Energy XEL.O, were inadvertently issued and are being withdrawn.Wells Fargo has stopped coverage of all the stocks in question.There w...Reuters
Wed, Aug 13
ADVISORY-Multiple research alerts on Wells Fargo initiating coverage on several US stocks withdrawn
Aug 13 (Reuters) - Multiple research alerts on Wells Fargo starting coverage of several U.S. stocks, including that of Nuscale Power Corp SMR.N and Duke Energy DUK.N, were inadvertently issued and are being withdrawn.Wells Fargo has stopped coverage of all the stocks in question.There will be no sub...Reuters
Wed, Aug 13
Mastech Digital Q2 revenue beats estimates, rises 2%
OverviewMastech Digital Q2 revenue rises 2% sequentially, beating analyst expectationsNon-GAAP EPS for Q2 at $0.15, down from $0.19 last yearIT Staffing Services segment drives revenue growth with higher bill ratesOutlookCompany sees early signs of stabilization in broader environmentMastech Digital...Reuters
Wed, Aug 13
Baby products retailer Crown Crafts's Q1 sales fall, loss widens due to increased tariff costs
OverviewCrown Crafts fiscal Q1 net sales fell 4.5% yr/yr, impacted by tariffsNet loss widened to $1.1 mln, affected by increased tariff costsBaby Boom acquisition added $2.1 mln in net sales for fiscal Q1Result DriversTARIFF IMPACT - Increased tariffs on products imported from China led to higher co...Reuters
Wed, Aug 13
Canada's Metro misses Q3 sales estimates
OverviewMetro fiscal Q3 sales rise 3.3% yr/yr, but miss analysts' expectations, per LSEG dataAdjusted EPS for fiscal Q3 misses consensus, despite 12.6% yr/yr growthCompany opened 5 new food stores, continuing expansion of discount bannersOutlookMetro Inc focuses on realizing efficiency gains aft...Reuters
Wed, Aug 13
Biopharma firm Kamada's Q2 profit beats expectations
OverviewKamada H1 2025 rev rises 11% yr/yr, adjusted EBITDA up 35%Q2 revenue and net income beat analyst expectations, per LSEG dataFDA approves Houston plasma center, cleared for commercial salesOutlookKamada raises adjusted EBITDA guidance to $40 mln-$44 mln for 2025Company reiterates 2025 revenue...Reuters
Wed, Aug 13
Biggest IKEA retailer names veteran Juvencio Maeztu CEO as Brodin steps down
Ingka Group sales and profit fell last yearBrodin led online push at IKEA, set new emissions targetsSays it's the right time to step downMaeztu to start with a global 'listening tour' to build strategyBy Helen Reid LONDON, Aug 13 (Reuters) - The world's biggest retailer of IKEA fu...Reuters
Wed, Aug 13
Soccer-Man Utd are in 'no man's land' due to constant managerial churn, says Rashford
Aug 13 (Reuters) - Manchester United's exiled forward Marcus Rashford has delivered a scathing assessment of the Premier League side's struggles, saying the club remains stuck in "no man's land" due to constantly changing coaches with different philosophies.Rashford has not playe...Reuters
Wed, Aug 13
Mesa Air Group Q3 revenue drops 16.3% on reduction in contractual aircraft with United Airlines
OverviewMesa fiscal Q3 2025 rev falls 16.3% yr/yr, driven by reduced United contractsCo reports GAAP net income of $20.9 mln, reflecting operational restructuringProposed merger with Republic Airways expected to enhance financial profileOutlookMesa expects combined annual revenue of $1.8 bln to $2.0...Reuters
Wed, Aug 13
