TNR Gold Corp has called on its shareholders to reject a dissident bid by Jon Christian Evensen, known as "Koala," who is seeking to gain control of the company. CEO Kirill Klip emphasized the company's commitment to advancing its strategy and maximizing the value of its royalty portfolio, dismissing the dissident's attacks as lacking a credible plan. The upcoming shareholder meeting on September 22 will decide whether the dissident or the current board will control the company. TNR Gold stresses its focus on long-term value creation and strategic execution over personal attacks.
Oracle reported strong fiscal 2026 results with 17% revenue growth to $67 billion and a 36% net income increase, driven by a 75% surge in its cloud infrastructure segment. Despite a recent 55% stock price drop from its peak, Morgan Stanley raised Ora...
Lululemon Athletica's shares fell about 18% after the company lowered its full-year financial forecast for the second time, reflecting ongoing challenges. In Q2 2026, total net revenue dropped 4% to $2.40 billion, with a 10% fall in comparable sales ...
UiPath reported strong fiscal Q2 results with $410.26 million revenue and 12% ARR growth, beating estimates. However, analyst caution arises from its high valuation, modest growth compared to AI-focused peers, and recent insider selling by CEO and ex...
DynaResource's Mexican subsidiary, DynaMéxico, received approximately $4 million in cash from Mexico's tax authority as a refund for approved value-added tax (VAT) credits from early 2025. This payment marks the first VAT refund since 2023 and is par...
Lululemon's stock fell 20% to $97.85 after the company cut its full-year earnings guidance for the second time in 2026, citing weaker demand and a slow start to Q3. The athletic apparel retailer reported a 10% drop in Q2 comparable sales, with leggin...
