Thor Explorations reported record revenue of US$325.5 million and net profit of US$196.2 million for fiscal year 2025, driven by higher gold prices and a debt-free balance sheet. The company sold 94,130 ounces of gold at an average price of US$3,422 per ounce, significantly up from 2024, and increased cash reserves to US$137.8 million. Thor returned about US$18 million to shareholders in dividends during 2025 and plans to continue this policy in 2026, with production guidance of 75,000 to 85,000 ounces and efforts to extend mine life and advance new projects in West Africa. CEO Segun Lawson expressed confidence in the company’s strong cash flow and operational team to meet future goals.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Rotork PLC has accepted a £4.1 billion takeover bid from Swiss engineering group ABB, offering shareholders 506p per share, a 73% premium over the previous closing price. The acquisition will enhance ABB's industrial automation business by adding Rot...
Alexandria Real Estate Equities (ARE) is struggling with oversupply and vacancy rates exceeding 30% in key life science markets like Boston, San Francisco, and San Diego. This has caused an 80% decline in its stock price from its peak. The company's ...
ASML Holdings has raised its 2026 revenue guidance midpoint from €38 billion to €44 billion and increased its gross margin midpoint from 52% to 55%, reflecting strong growth prospects. The analyst maintains a Buy rating and raises the price target fr...
Labcorp is considered a buy due to its effective rollup strategy in a fragmented lab testing industry, driving steady and predictable growth. Automation is reducing operational costs, helping to counteract healthcare pricing pressures. The company no...
