McEwen Copper has closed a $240 million senior secured loan to progress the Los Azules copper, gold, and silver project in Argentina, where TNR Gold holds a 0.4% net smelter returns royalty. The loan will fund engineering and early works, aiming for a final investment decision by mid-2027 and commercial production by 2030. Recent drilling and engineering progress have been positive, supporting project advancement. TNR Gold benefits from this development without capital contribution, enhancing shareholder value through royalties.
Macy's reported Q1 earnings per share of $0.40, exceeding the $0.37 estimate, with revenue of $4.87 billion beating expectations. Growth was driven by strong sales in Bloomingdale's, Bluemercury, and Macy's stores. The company raised its full-year ne...
Tyson Foods faces operational challenges, especially in its beef segment, leading Piper Sandler to cut its price target from $78 to $66. The company lowered its 2026 revenue growth forecast to 1.5%-2% and expects a beef segment operating loss between...
Descartes Systems Group is set to release its Q2 2027 earnings with analysts expecting $0.57 EPS and $197.54 million revenue. The company recently acquired Extensiv for $120 million, enhancing its warehouse and fulfillment solutions for e-commerce an...
UBS confirmed a Buy rating for American Water Works and raised its price target to $162, signaling potential stock growth from $140.33. The upgrade follows Missouri American Water's $34.5 million acquisition of Neosho's water and wastewater systems, ...
Arete Research downgraded Uber's stock from Buy to Neutral with a $74 price target, citing an expected 64.95% drop in earnings per share to $1.09 despite 9.6% revenue growth to $14.76 billion. Uber faces new competition from Tesla's Cybercab, which o...
