Inter & Co, Inc. reported strong Q2 results with 1.3 million net new customers and 15% year-over-year growth, alongside an improved return on equity (ROE) of 16.3%, nearing a key performance milestone. Despite a 40% stock decline over six months, the company’s credit portfolio remains robust, though rising non-performing loans (5.3%) in specific segments pose risks. Trading at about 5.5 times estimated 2027 earnings, the stock offers an attractive risk-reward profile, supporting a Buy rating based on improving fundamentals and valuation.
Shares of Mongolian oil firm Petro Matad fell 19% after PetroChina ordered a stop to crude deliveries, leading Petro Matad to shut its Heron-1 and Gazelle-1 wells. PetroChina's Mongolian unit cited nearly full storage tanks ahead of China's national ...
Brookfield Infrastructure Partners (BIP) reported a 10% year-over-year growth in funds from operations (FFO) per unit and a strong 15% return on invested capital (ROIC). The company is advancing its AI infrastructure strategy, including a significant...
Novo Nordisk CEO Mike Doustdar revealed the company is actively considering mergers and acquisitions to strengthen its position in the competitive weight-loss drug market. He emphasized the company's interest in acquiring or partnering with firms tha...
Myriad Uranium Corp. announced successful initial tests of DISA Uranium's high-pressure slurry ablation (HPSA™) technology on samples from its Wyoming Copper Mountain project. The process reduced rock mass by about 70% while tripling uranium concentr...
Focus Graphite has engaged Groupe Synergis to conduct an environmental field program at its Lac Knife Graphite Project in Quebec. This study supports ongoing planning and permitting for an access road and infrastructure, backed by federal funding fro...
