Wells Fargo upgraded Olin to Overweight from Equal Weight, raising its price target to $35 due to expected improvements in chlor-alkali (ECU) margins in Q2 and possibly Q3 2026. This optimism is driven by supply disruptions linked to the Iran conflict, which are expected to push ECU margins from below $200 per short ton in Q1 to the low- to mid-$300 range in subsequent quarters. Additionally, caustic soda prices are forecasted to rise by at least $50 per short ton, supporting margin expansion. Consequently, Wells Fargo increased its 2026 EBITDA estimate for Olin to $650 million from $500 million, reflecting a more positive earnings outlook.
Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...
Shirofune has introduced Walmart Connect, an integration that allows advertisers and agencies to manage Walmart retail media campaigns alongside other digital channels within a single platform. This automation reduces manual bid adjustments and repor...
Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...
The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...
Red Light Holland, after acquiring Filament Health, has expanded its capabilities in pharmaceutical-grade psilocybin development. Filament completed a shipment of its botanical psilocybin drug candidate, PEX010, to the European Union to support multi...
