U.S. Food and Drug Administration Accepts New Drug Application and Grants Priority Review for Takeda's Oveporexton (TAK-861) as a Potential First-in-Class Therapy for Narcolepsy Type 1
Businesswire· 2026-02-10 08:15
OSAKA, Japan & CAMBRIDGE, Mass.--(BUSINESS WIRE)--FDA Accepts New Drug Application and Grants Priority Review for Takeda's Oveporexton as a Potential First-in-Class Therapy for Narcolepsy Type 1. ...
Fire hits Valero refinery in Oklahoma, five taken to hospital, KXII reports
Reuters· 2026-02-10 08:13
Core Viewpoint - A fire occurred at Valero's Ardmore refinery in Oklahoma, which has a capacity of 86,000 barrels per day, resulting in five individuals being hospitalized [1] Company Summary - Valero's Ardmore refinery is currently facing operational challenges due to the fire incident [1] - The refinery's capacity is significant at 86,000 barrels per day, indicating its importance in Valero's overall production [1] Industry Summary - The incident highlights potential risks within the refining sector, particularly concerning safety and operational disruptions [1]
Honda Backs Annual Profit Forecast Despite Tariff Impact, Write-Down of EV Assets
WSJ· 2026-02-10 08:12
Core Insights - The Japanese carmaker reported significantly weaker nine-month results, impacted by U.S. tariffs and impairments related to electric vehicles [1] Financial Performance - The company's financial performance has been adversely affected by external factors, particularly U.S. tariffs, which have contributed to the decline in results [1] - Impairments associated with the transition to electric vehicles have also played a role in the weaker financial outcomes [1]
Monte Dei Paschi Net Profit Surges After Mediobanca Takeover
WSJ· 2026-02-10 08:12
Group 1 - The company's quarterly net profit reached €1.35 billion, a significant increase from €384.9 million in the same period last year [1]
Ocado share price wedge points to a rebound amid 1,000 layoff rumours
Invezz· 2026-02-10 08:07
Ocado share price has become one of the worst-performing companies in the UK in the past few years. After peaking at 2,900p in January 2021 to the current 230p, a trend that may continue in the coming... ...
CNBC Daily Open: U.S. markets rise on tech rebound, while 'Takaichi trade' lifts Japanese stocks
CNBC· 2026-02-10 08:05
Group 1: U.S. Market Performance - U.S. markets closed higher, with Big Tech stocks rebounding; Oracle increased by 9.6% and Microsoft by 3.1%, contributing to a 0.47% rise in the S&P 500 and a 0.9% jump in the Nasdaq Composite [1] - The Dow Jones Industrial Average saw a slight increase of 0.04%, reaching another record close [1] Group 2: Asian Market Trends - Asian stocks mostly followed Wall Street's upward trend, with Japan's Nikkei 225 rising over 2%, outperforming regional peers [2] - Investors are optimistic about Japanese equities due to Prime Minister Sanae Takaichi's economic policies [2] Group 3: Big Tech Concerns - Despite gains in U.S. and Asian equities, Big Tech faces heavy capital expenditure and financing concerns; Alphabet warned of potential "excess capacity" in data centers [3] - Alphabet plans to raise $20 billion through a U.S. dollar bond sale, including a bond with a 100-year tenor [4] Group 4: Industry Growth Indicators - ChatGPT is reportedly exceeding 10% monthly growth, as stated by CEO Sam Altman; sustained industry growth could mitigate Alphabet's "excess capacity" issues [5] - Oil prices dipped slightly amid the European Union's plans to sanction ports in Indonesia and Georgia over Russian oil handling [5] Group 5: European Market Focus - Key stocks to watch in European markets include AstraZeneca, Barclays, and Kering, which are reporting earnings today [6] - Standard Chartered's shares fell by 3.4% in Hong Kong following the unexpected departure of Diego De Giorgi, who was anticipated to be the next leader of the bank [6]
Syntholene Energy Selects Dynelectro, Developer of "World's Most Efficient Electrolyzer" as Vendor for Synthetic Fuel Demonstration Facility
TMX Newsfile· 2026-02-10 08:05
Core Viewpoint - Syntholene Energy Corp has selected Dynelectro ApS as the electrolyzer technology vendor for its synthetic fuel demonstration facility in Iceland, aiming to produce sustainable aviation fuel (eSAF) efficiently and cost-effectively [1][4]. Group 1: Technology and Efficiency - Dynelectro's electrolyzer platform is noted for its industry-leading energy efficiency in hydrogen production, crucial for eFuels, while ensuring durability under variable industrial loads [2]. - The system architecture of Dynelectro's electrolyzer emphasizes reduced complexity, high current density operation, and modular deployment, aligning with Syntholene's goals for capital-efficient synthetic fuel infrastructure [2][5]. - Dynelectro's unique approach to solid oxide electrolysis aims to minimize energy consumption and maintenance costs, potentially converting up to 90% of renewable electrical energy into clean hydrogen when integrated with Syntholene's hybrid thermal production system [4]. Group 2: Project Goals and Scalability - The planned demonstration facility is designed to validate Syntholene's integrated approach to producing low-cost hydrogen for eSAF and other eFuels, focusing on scalability, energy efficiency, and long-term competitiveness with fossil fuels [3]. - Syntholene has secured 20MW of dedicated energy to support the upcoming demonstration facility and its commercial scale-up efforts [7]. - The company aims to deliver ultrapure synthetic jet fuel at a cost 70% lower than the nearest competing technology, with a mission to produce high-performance, low-cost, and carbon-neutral synthetic fuel at an industrial scale [6]. Group 3: Strategic Partnerships and Evaluation - The selection of Dynelectro followed a rigorous two-year evaluation process focused on efficiency, reliability, and scalability, highlighting the importance of electrolyzer performance and low-cost clean energy in synthetic fuel economics [5]. - The partnership with Dynelectro is seen as critical for Syntholene as it transitions from demonstration to multi-megawatt commercial deployment [5].
New Earth Resources Announces Plans for Lake Bottom Sediment Sampling Survey on its SL Rare Earth Elements Project
Globenewswire· 2026-02-10 08:05
Core Viewpoint - New Earth Resources Corp. has initiated planning for a lake bottom sediment sampling program at its SL Project in Quebec, aimed at evaluating the potential for rare earth elements (REE) and generating regional data for future exploration targeting [1][6]. Group 1: Project Overview - The SL Project consists of 23 claims covering approximately 1,102 hectares, with the company holding an option to acquire a 100% interest [8][15]. - The project is located in the Southeastern Churchill Province, characterized by alkaline to calc-alkaline rocks, which are known for their REE endowments, particularly in the nearby Strange Lake REE district [8][9]. Group 2: Sampling Program Details - Approximately 85% of the SL Project area is covered by a lake, necessitating a regional lake bottom sediment sampling program to identify potential subsurface REE mineral occurrences [2]. - The sampling will utilize a systematic grid pattern with a nominal density of 10-15 samples per square kilometer, adaptable based on specific targets or lake availability [3]. - The campaign is scheduled for late winter to early spring (February to April), leveraging ice cover for safe and cost-effective access while minimizing environmental disturbance [4]. Group 3: Objectives and Benefits - The sediment sampling program aims to provide a rapid, cost-effective, and comprehensive regional geochemical assessment, allowing the company to delineate high-potential REE targets and optimize future exploration expenditures [5]. - The initiative represents an application of advanced exploration techniques to better understand the project's geology and generate detailed regional data for future targeting [6].
Shopify Inc. (NASDAQ:SHOP) Stock Upgrade and Earnings Forecast
Financial Modeling Prep· 2026-02-10 08:03
MoffettNathanson upgraded Shopify Inc. (NASDAQ:SHOP) from Neutral to Buy, citing an attractive entry point at $118.40.Shopify anticipates a revenue increase in the mid-to-high 20% range for Q4 2025, with Zacks Consensus Estimate projecting revenues to reach $3.58 billion, a 27.3% growth.The consensus estimate for Shopify's earnings is set at 50 cents per share, indicating a 13.6% increase from the previous year.Shopify Inc. (NASDAQ:SHOP) is a leading e-commerce platform that enables businesses to create onl ...
Waste Management Stock: Analyst Estimates & Ratings
Yahoo Finance· 2026-02-10 08:03
Based in Houston, Texas, Waste Management, Inc. (WM) operates one of North America’s most expansive environmental services platforms. With a $91.4 billion market cap, the company manages waste collection, recycling, disposal, and material recovery while also converting landfill gas into energy and delivering regulated healthcare waste and secure information destruction services. Over the past 52 weeks, WM stock gained 2.5%, significantly lagging the S&P 500 Index ($SPX) 15.6% gain. Year-to-date (YTD) per ...