OceanaGold Corporation has agreed to acquire 100% of Ausgold Limited for approximately A$776 million (US$549 million) through a court-approved scheme. The deal will add the Katanning Gold Project in Western Australia to OceanaGold's portfolio, expected to start production in 2029 with over 100,000 ounces of annual gold output. Ausgold shareholders will receive OceanaGold shares or cash, and are expected to own 6-8% of OceanaGold post-transaction. The acquisition strengthens OceanaGold's growth pipeline and diversifies its assets across multiple countries.
Piper Sandler lowered Colgate-Palmolive's price target to $95 due to weak North American demand and rising competition. The company is responding by focusing on premium oral care innovations, expanding the Fabuloso line, increasing advertising, and c...
Rothschild & Co Redburn raised Microsoft's price target from $400 to $440 following strong fiscal 2026 results, with revenue up 18% to $331.8 billion and net income rising 31% to $133.7 billion, driven by cloud and AI demand. Despite the target hike,...
Accenture's stock fell 4.73% to $181.29 after Guggenheim reiterated a Neutral rating, citing that the stock price has outpaced the company's actual business performance. Analysts point to weak customer demand, fewer job postings, and a cautious mid-m...
Thryv Holdings is selling its traditional print directory business for $142 million to focus on business automation software for small and medium businesses. CEO Walsh Joe bought 25,000 shares at $1.80 each, increasing his stake to 788,099 shares, si...
Tempus AI's stock surged 29% in one week, driven by positive analyst commentary and new revenue prospects from reimbursement changes. Goldman Sachs initiated coverage with a Neutral rating and a $75 price target, while technical indicators like a tri...
