News
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Tungsten producer Almonty slides after upsized $112.5 million share sale
Shares of tungsten concentrate producer Almonty Industries ALM.O plunge as much as 16.5%; last down 12.9% at $6.88ALM sold 18 million shares at $6.25 apiece in an upsized stock offering for gross proceeds of $112.5 millionStock offering boosted from initial size of 15 million shares and priced at 20...Reuters
Tue, Dec 9
Silver miners gain as prices hit record high
Shares of silver miners gain, tracking prices of the white metal GOL/Spot silver XAG= hits record high of $60/ounce, driven by a market deficit and increasing demand for the white metalPrices rise as traders remain optimistic ahead of the U.S. Federal Reserve's interest rate decision on Wednesda...Reuters
Tue, Dec 9
U.S. STOCKS ON THE MOVE-Clearwater Analytics, Silver miners, Exxon
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main stock indexes were mixed on Tuesday as investors awaited the Federal Reserve's policy decision and assessed conflicting signals over the future of U.S. AI chip exp...Reuters
Tue, Dec 9
TuHURA Biosciences plunges after $15.6 million direct stock deal
Drug developer TuHURA Biosciences' HURA.O shares plunge 36.9% to $1.25HURA enters agreement for sale of ~9.5 million shares, Series A warrants, and Series B warrants in a registered direct offering at a purchase price of $1.65 apiece for gross proceeds of $15.6 millionH.C. Wainwright is the excl...Reuters
Tue, Dec 9
Targa Resources gains after Exxon boosts Permian output plans
U.S.-listed shares of pipeline operator Targa Resources TRGP.N up 3% at $183.54RBC Capital Markets views Exxon Mobil's XOM.N updated outlook for 2026 to be beneficial for TRGPXOM's plan now calls for a doubling of Permian Basin production to ~2.5 million barrels of oil production per day, wh...Reuters
Tue, Dec 9
Virgin Galactic to repurchase $355 million of convertible notes; shares fall
Shares of aerospace and space travel company Virgin Galactic SPCE.N fall nearly 18% to about $3.7 Co to repurchase $355 million of convertible notes Adds that final maturity of new notes extended to December 31, 2028 SPCE says capital realignment reduces debt to $273 million from $425 mi...Reuters
Tue, Dec 9
Silver miners gain as prices hit record high
Shares of silver miners gain, tracking prices of the white metal GOL/Spot silver XAG= hits record high of $59.71/ouncePrices rise as traders remain optimistic ahead of the U.S. Federal Reserve's interest rate decision on Wednesday, while also awaiting the U.S. job openings report for further clu...Reuters
Tue, Dec 9
CANADA STOCKS-Gold stocks drive TSX higher as investors await Fed, BoC decision
By Avinash PDec 9 (Reuters) - Canada's main stock index advanced on Tuesday, with gold stocks leading gains, as investors awaited the highly anticipated central bank decisions from the U.S. Federal Reserve and the Bank of Canada.Toronto's S&P/TSX Composite Index .GSPTSE gained 0.5% at 3...Reuters
Tue, Dec 9
US STOCKS-Wall Street mixed as Fed rate cut decision nears
Indexes: Dow up 0.30%, S&P 500 up 0.12%, Nasdaq off 0.14%U.S. to allow Nvidia H200 chip shipments to ChinaWarner Bros fight heats up with $108 bln hostile bid from ParamountBy Johann M Cherian and Pranav Kashyap Dec 9 (Reuters) - Wall Street's main stock indexes were mixed on Tuesday ...Reuters
Tue, Dec 9
SOFTS-Cocoa hits month high on supply concerns, robusta steadies
LONDON, Dec 9 (Reuters) - Cocoa futures on the ICE exchange hit a one month high on Tuesday as concerns over prospects for the tail end of the main crop in top grower Ivory Coast escalated, while robusta coffee steadied above 2-1/2 month lows. COCOALondon cocoa LCCc2 rose 3.2% to 4,252 a metr...Reuters
Tue, Dec 9
Exxon rises on higher earnings forecast to 2030 and oil production growth
Shares of energy major Exxon Mobil XOM.N up 3.4% at $120XOM says it is targeting $25 billion in earnings growth and $35 billion increase in cash flow growth from 2024 to 2030, a $5 billion increase from its previous planUpstream production will reach 5.5 million barrels of oil equivalent per day (bo...Reuters
Tue, Dec 9
Ollie's down after Q3 revenue misses estimates
Shares of discount store Ollie's bargain outlet OLLI.O down 5.5% at $111.90 after Q3 revenue missed estimatesCo posts Q3 revenue of $613.6 mln, below analyst est. of $614.4 mlnHowever, Q3 adj. EPS $0.75 beat est. of $0.73, helped by opening of 32 new stores 11 of 16 analysts rate stock "buy&...Reuters
Tue, Dec 9
H.C. Wainwright upgrades Lyell to 'buy' on cell therapy progression
Brokerage H.C. Wainwright upgrades cancer therapy developer Lyell Immunopharma's LYEL.O rating to "buy" from "neutral"; raises PT to $45 from $20New PT represents a 45.3% upside to the stock's Monday closeBrokerage says Lyell's Ronde-cel "has established itself as the...Reuters
Tue, Dec 9
EMERGING MARKETS-Brazil drags LatAm assets as Flavio Bolsonaro's 2026 bid rattles investors
Stocks down 0.7%, currencies fall 0.2%Sao Paulo governor pledges support to Flavio Bolsonaro Mexican stocks flat, Colombian peso slipsBy Niket Nishant Dec 9 (Reuters) - Latin American stocks slipped on Tuesday, with Brazil the main drag after Senator Flavio Bolsonaro, the eldest son of former Pr...Reuters
Tue, Dec 9
Gold and Silver Stocks Shine. Pan American Silver up over 5%; First Magestic Silver up 4%; Harmony Gold, Silvercorp Metals up Around 3%
Gold and silver stocks rose on Tuesday. Pan American Silver up over 5%; First Magestic Silver up 4%; Harmony Gold, Silvercorp Metals up around 3%.Tiger News
Tue, Dec 9
Nomadar appoints Joaquin Martin as CEO Americas and executive vice chairman; shares rise
Shares of sports technology platforms operator Nomadar Corp NOMA.O rise nearly 4.7% to about $7.8 in morning trading Co appoints Joaquin Martin as chief executive officer of Americas and executive vice chairman Martin brings more than two decades of international leadership experience; held ...Reuters
Tue, Dec 9
Silver miners gain as markets brace for Fed guidance on easing path
Shares of silver miners gain, tracking prices of the white metal GOL/Spot silver XAG= rises 1.7% to $59.1184 per ouncePrices rise as investors position for an expected December Federal Reserve rate cut and looked for signs of whether policymakers will outline a slower easing path when their two-day ...Reuters
Tue, Dec 9
AutoZone down after Q1 results miss estimates
Shares of auto parts retailer AutoZone AZO.N down 3% at $3,635 after Q1 results miss revenue and profit estimatesCo posts Q1 sales of $4.63 bln, missing analysts' estimate of $4.64 blnQ1 EPS of $31.04, below est. of $32.51, reflecting increased operating expenses26 of 29 analysts rate stock "...Reuters
Tue, Dec 9
