Thungela Resources saw its shares rise up to 11% after reporting stronger first-half 2026 results, including a 6% increase in export saleable production to 8.5 million tonnes and a 2% revenue rise to R15.2 billion (£699 million). Adjusted EBITDA nearly doubled to R1.32 billion (£60.7 million), and net profit surged to R1.39 billion (£63.9 million). The company also boosted its interim dividend from R2.00 to R5.50 per share. Production improvements in South Africa and Australia, along with completed life-extension projects, support the company’s maintained 2026 production guidance.
Randstad reported revenue and earnings that exceeded expectations, driven by improving business trends and key labor markets. This positive performance signals momentum in the employment services sector. RBC Capital maintained a 'Sector Perform' rati...
MSC Industrial Supply reported strong Q4 results with revenue rising 10.3% year-over-year to about $1.08 billion, surpassing estimates. Adjusted earnings per share increased to $1.45 from $1.09, also beating expectations. Full-year sales grew 6.4% to...
ARMOUR Residential REIT reported a $327 million net loss for Q3 2026, driven by higher interest rates that reduced its book value by 17% to $14.55 per share. Despite the loss, the company earned $83.7 million in net interest income and $102.3 million...
Southern Company, an electric and gas utility, clarified it has no connection to a Mexican silver mining project, dispelling recent rumors. HSBC initiated coverage of Southern Company with a Buy rating, with shares trading at $90.39 at the time. The ...
Remittix is set to add 41 new fiat currencies to its PayFi ecosystem, enhancing crypto-to-bank and bank-to-crypto transactions globally ahead of its November 24 RTX launch. This expansion aims to support more international markets and users, includin...
