Valeura Energy Inc.: Strategic Farm-in Agreement with PTTEP
GlobeNewswire News Room· 2025-07-25 11:12
SINGAPORE, July 25, 2025 (GLOBE NEWSWIRE) -- Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) ("Valeura" or the "Company") is pleased to announce that it has entered into a Farm-in Agreement with PTT Exploration and Production Plc ("PTTEP"), through its subsidiary, PTTEP Energy Development Company Limited to earn a 40% interest in Blocks G1/65 and G3/65 (the "Blocks"), in the offshore Gulf of Thailand (the "Farm-in"). Key Highlights Strategic Partnership: Farm-in Agreement with PTTEP, the largest oil and gas ex ...
Daily stock watch: Intel keeps falling premarket
Business Insider· 2025-07-25 11:03
Intel, AEye, Deckers Outdoor, UnitedHealth, and AST Spacemobile are catching the interest of traders. This is where they were trading premarket at 7 a.m. ET Friday.1. IntelThe move: The tech giant fell more than 8% to $20.76 per share after dipping about 3.5% on Thursday. Why: Intel announced before the closing bell that it intends to cut 25,000 staff from its workforce this year as part of its turnaround plan and that it will scrap European projects.2. AEyeThe move: AEye is up about 18% to $3.44 a share ...
Scryb Announces Proposed Share Consolidation
Newsfile· 2025-07-25 11:03
Toronto, Ontario--(Newsfile Corp. - July 25, 2025) - Scryb Inc. (CSE: SCYB) ("Scryb" or the "Company") announces a proposed consolidation of the common shares of the Company (the "Common Shares") on the basis of ten (10) pre-consolidation Common Shares for every one (1) post-consolidation Common Share (the "Consolidation"). The Company currently has 323,187,472 Common Shares issued and outstanding, and following the Consolidation, will have approximately 32,318,747 Common Shares issued and outstanding, pri ...
Are Small Caps Finally Ready to Take the Leap?
ZACKS· 2025-07-25 11:01
After a long period of underperformance, small-cap U.S. stocks may be staging a comeback. While it's too early to say for sure whether this is the start of a sustained rally or just an occasional rise, recent data shows encouraging signs for small-cap investors.Recent Performance: Small Caps Rebound The Russell 2000 index — a benchmark for small-cap stocks — started to gain momentum from July 22, 2025. While the large-cap fund SPDR S&P 500 ETF Trust (SPY) added 4.7% past month, the small-cap fund iShares Ru ...
Castle Biosciences’ Founder, President and CEO Derek Maetzold Named a Most Admired CEO by the Houston Business Journal
GlobeNewswire· 2025-07-25 11:00
The Houston Business Journal's Most Admired CEO Awards recognize chief executive officers who exemplify exceptional leadership, vision and values while guiding Houston's most successful and impactful organizations FRIENDSWOOD, Texas, July 25, 2025 (GLOBE NEWSWIRE) -- Castle Biosciences, Inc. (Nasdaq: CSTL), a company improving health through innovative tests that guide patient care, today announced that its founder, president and chief executive officer Derek Maetzold has been named a 2025 Most Admired CEO ...
Big Ridge Gold Corp. Closes Upsized $5.2 Million Private Placement
Newsfile· 2025-07-25 11:00
Toronto, Ontario--(Newsfile Corp. - July 25, 2025) - Big Ridge Gold Corp. (TSXV: BRAU) (OTCQB: ALVLF) ("Big Ridge" or the "Company") is pleased to announce that it has closed a non-brokered private placement of 42,000,000 common share units ("Units") of the Company at $0.125 per share for aggregate gross proceeds to the Company of $5,250,000 (the "Offering").Each Unit consists of one common share and one half of one common share purchase warrant (a "Warrant"). Each whole Warrant is exercisable into one com ...
Charter Announces Second Quarter 2025 Results
Prnewswire· 2025-07-25 11:00
STAMFORD, Conn., July 25, 2025 /PRNewswire/ -- Charter Communications, Inc. (along with its subsidiaries, the "Company" or "Charter"), which operates the Spectrum brand, today reported financial and operating results for the three and six months ended June 30, 2025. Second quarter total Internet customers decreased by 117,000. As of June 30, 2025, Charter served 29.9 million Internet customers. Second quarter total mobile lines increased by 500,000. As of June 30, 2025, Charter served 10.9 million mobile li ...
Enthusiast Gaming Announces Closing of Debt Financing
GlobeNewswire News Room· 2025-07-25 11:00
TORONTO, July 25, 2025 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX) is pleased to announce the closing of the previously announced debt financing transaction (the “Transaction”), pursuant to which the Company received a non-revolving term loan in the principal amount of $2,000,000. The Transaction was arranged pursuant to the terms of a forbearance and first supplemental credit agreement among the Company, as borrower, certain subsidiaries of the Com ...
AutoNation Reports Second Quarter 2025 Results
Prnewswire· 2025-07-25 10:59
Core Insights - AutoNation, Inc. reported second quarter 2025 revenue of $7.0 billion, an 8% increase year-over-year, while diluted EPS decreased to $2.26 from $3.20, and adjusted EPS rose to $5.46 from $3.99 [1][7][10] Financial Performance - Revenue for the second quarter of 2025 was $6,974.4 million, up from $6,480.4 million in the same period last year, reflecting an 8% increase [3][21] - Gross profit increased by 10% to $1,275.4 million from $1,163.1 million [3][21] - Operating income decreased by 21% to $217.6 million from $275.0 million [3][21] - Net income fell by 34% to $86.4 million compared to $130.2 million a year ago [3][21] - Adjusted operating income for the quarter was $369.3 million, a 16% increase from $318.5 million [4] - Adjusted net income rose by 29% to $209.2 million from $162.5 million [4] Segment Performance - Same-store revenue increased by 8% to $6.9 billion, driven by higher new vehicle unit sales and increased average selling prices [8][12] - New vehicle revenue was $3.4 billion, up 9%, while used vehicle revenue increased by 4% to $2.0 billion [8] - After-sales revenue grew by 12% to $1.2 billion, and customer financial services revenue rose by 13% to $363 million [8] - Same-store gross profit increased by 10% to $1.3 billion [8] Capital Allocation and Liquidity - Cash used in operating activities for the first half of 2025 was $230 million, with auto loans receivable net increasing by $695 million [5] - AutoNation repurchased 1.5 million shares for $254 million, with over $607 million remaining under its repurchase authorization [6] - As of June 30, 2025, AutoNation had $1.8 billion in liquidity, including $63 million in cash [9] Market Position and Strategy - The company experienced double-digit growth in customer financial services and after-sales, alongside improved new vehicle market share [2] - The successful completion of a $700 million asset-backed securitization for its auto loan portfolio at a fixed interest rate of 4.90% [9]
Lexus of Albuquerque Unveils New Multi-Million Dollar Sales, Service, and Parts Facility
Prnewswire· 2025-07-25 10:55
Core Points - Lexus of Albuquerque is set to unveil a newly renovated, state-of-the-art dealership after a 20-month, multi-million dollar renovation [1] - The grand reopening will feature activities including food, drink, and entertainment, showcasing the latest Lexus models [2] - The new dealership aims to enhance the customer experience with modern amenities and increased service capacity [3][4] Company Overview - Lexus of Albuquerque is part of Group 1 Automotive, Inc., which operates 258 automotive dealerships and 322 franchises in the U.S. and the U.K. [6] - Group 1 Automotive offers a range of services including vehicle financing, maintenance, and repair services [6] Facility Enhancements - The new dealership includes a car wash, an increase in service bays from 16 to 32, and plans to expand the number of service technicians from 21 to 30 [3] - The showroom features a design inspired by Albuquerque city themes, accommodating 22 salespeople and more vehicles [4] - Over 17,000 square feet of additional space has been created for parts and service, enhancing guest convenience [4] Community Engagement - Lexus of Albuquerque is contributing $10,000 to Girls on the Run, a nonprofit organization focused on youth development through physical activity [5]