New Strong Sell Stocks for Dec. 18
ZACKS· 2025-12-18 11:31
Group 1 - Aviva plc (AVVIY) is an insurance company with a Zacks Consensus Estimate for its current year earnings revised 8.6% downward over the last 60 days [1] - Climb Global Solutions, Inc. (CLMB) is a value-added IT solutions company with a Zacks Consensus Estimate for its current year earnings revised 7.6% downward over the last 60 days [1] - Cool Company Ltd. (CLCO) operates LNG carriers and has a Zacks Consensus Estimate for its current year earnings revised 6% downward over the last 60 days [2]
From reels to real money: India’s micro-drama explosion faces tests
MINT· 2025-12-18 11:30
New Delhi: Two young women, who share an apartment in a metro city, go about their daily lives, bickering one moment, planning something the next. The kitchen is messy, there is tea simmering on the stove and talk of sleeping late. One day, the flatmates suddenly realize they had volunteered to host a retro movie-themed party that night. Thanks to suggestions from their social media app, they quickly put things together. But one of them is in for a shock when she realizes her former boyfriend is also on the ...
Babcock & Wilcox Canada Awarded Second Portion of $20 Million Boiler Refurbishment Project for Canadian Pulp & Paper Mill
Businesswire· 2025-12-18 11:30
Core Points - B&W Canada has secured a contract exceeding $10 million from Irving Pulp & Paper Limited for the installation of boiler equipment [1] Company Summary - B&W Canada is involved in the installation of boiler equipment, indicating a focus on the energy and manufacturing sectors [1] - The contract with Irving Pulp & Paper Limited highlights B&W Canada's capabilities and market presence in the pulp and paper industry [1] Industry Summary - The pulp and paper industry is actively investing in equipment upgrades, as evidenced by the significant contract awarded to B&W Canada [1] - The installation of boiler equipment is crucial for operational efficiency and sustainability in the pulp and paper sector [1]
City View Announces ArkenYield LOI with Major Digital Asset Infrastructure Provider to Explore Institutional Yield and Treasury Management Collaboration
TMX Newsfile· 2025-12-18 11:30
Core Insights - City View Green Holdings Inc. announces that its investee company ArkenYield has signed a non-binding letter of intent (LOI) with a major global digital asset infrastructure provider to explore a strategic collaboration focused on institutional yield and treasury management solutions [1][4] Group 1: Collaboration Details - The LOI aims to evaluate the inclusion of ArkenYield's proprietary yield strategies within the partner's institutional yield offerings, subject to further diligence and regulatory considerations [2] - ArkenYield has reserved management capacity of up to US$10 million for the partner, with allocations expected to be introduced progressively based on performance and mutual agreement [3] Group 2: Company Transition - City View Green Holdings Inc. plans to change its business focus from an "industrial issuer" to an "investment issuer" and will change its name to "Stable Capital Inc." [5] - Upon completion of the proposed change of business, the company will focus on investments in digital assets and infrastructure companies, aiming to deliver risk-managed yield and treasury management solutions [6] Group 3: ArkenYield Overview - ArkenYield specializes in institutional-focused digital asset yield strategies, emphasizing stablecoin liquidity and market-neutral deployment [7] - With stablecoins facilitating over $27 trillion in annual settlements, ArkenYield aims to provide essential yield infrastructure for the evolving digital economy [8]
Heliostar Restarts Mining Operations at San Agustin, Durango
TMX Newsfile· 2025-12-18 11:30
Core Viewpoint - Heliostar Metals Ltd. has successfully restarted mining operations at the San Agustin mine, which is expected to significantly increase gold production in 2026, generating substantial cash flow at current gold prices [2][3]. Mining Operations - Mining, crushing, and stacking of ore at San Agustin have recommenced, with the company planning to produce 45,000 ounces of gold at an all-in sustaining cost (AISC) of $1,990 per ounce, yielding a margin of over $2,300 per ounce at current gold prices [1][2][3]. - The company has completed two ore blasts and two waste blasts, with 90% of the mobile equipment fleet mobilized to site to meet production targets [5]. Financial Projections - The expected cash flow from mining the current reserve is projected to be approximately $40 million at a gold price of $3,000 per ounce [3]. - The life-of-mine (LOM) plan indicates a probable mineral reserve of 68,000 ounces of gold, with a post-tax NPV of $35.3 million and an IRR of 548% based on a $3,000 per ounce gold price [9]. Drilling Program - A drilling program of 10,000-15,000 meters is underway, with 37 holes completed to date, aimed at identifying extensions of the orebody to potentially increase the mine life [3][13]. - Previous drilling results from the Corner SW target area have shown higher-grade oxide results, enhancing the potential of certain lower-grade areas [14][22]. Technical Report - An amended technical report filed in January 2025 outlines the operational and economic parameters of the San Agustin project, including the estimated initial capital cost of $4.2 million [9][10]. - The report emphasizes the importance of the existing infrastructure, including a crusher and conveyor system with a throughput capacity of 30,000 tonnes per day [10]. Company Outlook - Heliostar is focused on production growth and enhancing shareholder value, with plans to provide formal guidance in January 2026 [3]. - The company has demonstrated progress in crystallizing growth opportunities within its portfolio, including studies on flagship projects like Ana Paula and Cerro del Gallo [3].
Hemlo Mining Corp. Announces First Gold Pour and Updates to its Post-Consolidation Share Capital
Prnewswire· 2025-12-18 11:30
Company Overview - Hemlo Mining Corp. has acquired the Hemlo Gold Mine from Barrick Mining Corp. for approximately US$1.1 billion, aiming to become a leading Canadian mid-tier gold producer [1] - The Hemlo Gold Mine, located 35 kilometers east of Marathon, Ontario, has produced around 25 million ounces of gold since 1985 [1] Share Capital Rectification - The company rectified prior disclosures regarding its share capital post-acquisition, indicating 295,496,636 common shares issued and outstanding, a reduction of 284 shares due to rounding [2] - There was a misallocation in the number of stock options and restricted share units, resulting in 6,592,595 stock options and 3,089,945 restricted share units being granted upon completion of the transaction [3] Convertible Debentures - Holders of the company's $2,500,000 unsecured convertible debentures converted their debentures into common shares, resulting in the issuance of an additional 833,332 common shares at a price of $3.00 per share [4] - Following this conversion, the total number of common shares issued and outstanding reached 296,329,968 as of December 17, 2025 [4] Forward-Looking Statements - The company plans to stabilize operations and drive performance, with a full corporate update expected in January 2026, including preliminary production results for 2025 [6] - Key assumptions for future performance include successful integration of the Hemlo mine, future gold prices, and the ability to fund programs and operations [8]
Hormel Foods Announces Appointment of Jason Levine to New Enterprise-wide Chief Marketing Officer Position
Prnewswire· 2025-12-18 11:30
Core Insights - Hormel Foods Corporation has appointed Jason Levine as the new chief marketing officer (CMO), a role aimed at enhancing marketing capabilities and accelerating growth strategies [1][3][4] Group 1: Leadership and Experience - Jason Levine brings over 20 years of experience in the consumer packaged goods industry, having previously served as CMO for North America at Mondelz International, overseeing a multibillion-dollar portfolio [2][5] - Levine's background includes significant roles at Kraft Foods Group and PIM Brands, where he led marketing initiatives and innovation strategies [2][5] Group 2: Strategic Focus - The new CMO role will focus on advancing brand strategy, digital capabilities, and creating scalable marketing platforms across various channels and markets [3] - The integration of enterprise business analytics with the Brand Fuel function will enhance the strategic use of data and technology for impactful brand marketing and consumer-driven growth [3] Group 3: Company Overview - Hormel Foods Corporation, based in Austin, Minnesota, generates approximately $12 billion in annual revenue and is recognized for its diverse portfolio of brands, including PLANTERS, SKIPPY, and SPAM [7][8] - The company is a member of the S&P 500 Index and has received numerous accolades for corporate responsibility and community service [7][8]
Visa says new AI shopping tool has helped customers with hundreds of transactions
CNBC· 2025-12-18 11:30
Visa said on Thursday that it successfully completed hundreds of AI transactions as part of a pilot program that kicked off after the company's product event in April.The credit card issuer and rivals across the fintech industry are racing to build tools that allow consumers to task artificial intelligence agents with completing certain transactions."This is going to be the year we see an enormous amount of material adoption, and consumers really starting to get comfortable in a bunch of different agentic e ...
Rupert Resources Provides Exploration Strategy Update
Businesswire· 2025-12-18 11:30
TORONTO--(BUSINESS WIRE)--Rupert Resources Ltd ("Rupert†or the "Company†) today provides an update on its exploration strategy across its existing 425km2 land package and the addition of 1150km2 of new exploration permit applications and reservations in the Central Lapland Belt ("CLB†), of Northern Finland. The updated exploration strategy will be progressed in parallel with the advancement of the Ikkari project through the feasibility study and environmental permitting during 2026. HIGHLIGHTS. ...
Ares Makes Significant U.S. Data Center Investments in Northern Virginia
Businesswire· 2025-12-18 11:30
NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES), a leading global lternative investment manager, announced today two sigmificant data center transactions in the U.S. by Ares Real Assets funds, underscoring an expansion of Ares' global data center exposure and the significant advantages through collaboration across its leading digital infrastructure and real estate investment capabilities. In one investment, the Ares Digital Infrastructure business, through an Ares fund, has secured a 314 ...