Talon Metals to acquire Lundin Mining US subsidiary
Yahoo Finance· 2025-12-19 09:56
US-based Talon Metals has entered into a definitive share purchase agreement with Lundin Mining to acquire 100% of Lundin Mining US, the subsidiary that indirectly owns the Eagle Mine and Humboldt Mill. The deal will see Lundin Mining receive 275.2 million Talon shares, representing 18.4% of Talon’s issued and outstanding shares upon completion. The share consideration is valued at approximately $83.7m (C$115.43m). Upon closing, Lundin Mining’s total holding in Talon will increase to 19.99% of Talon’s ...
Infosys (INFY) Surges 5.3%: Is This an Indication of Further Gains?
ZACKS· 2025-12-19 09:56
Group 1: Infosys Performance - Infosys shares increased by 5.3% in the last trading session, closing at $19.18, with notable trading volume [1] - The stock has also gained 5.3% over the past four weeks, driven by positive sentiment from rival Accenture's strong earnings [1] - The consensus EPS estimate for Infosys for the upcoming quarter is $0.20, reflecting a year-over-year increase of 5.3%, with expected revenues of $5.09 billion, up 3.1% from the previous year [2] Group 2: Earnings Estimates and Trends - The consensus EPS estimate for Infosys has remained unchanged over the last 30 days, indicating a lack of upward momentum in earnings estimate revisions [3] - The stock currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [3] - The performance of ASGN Inc, another company in the same industry, shows a 20.5% return in the past month, indicating potential strength in the IT services sector [3]
Nike Q2 net income drops 32% amid higher North America tariffs
Yahoo Finance· 2025-12-19 09:56
US sportswear retailer Nike reported its fiscal 2026 second-quarter (Q2) financial results for the three months ended 30 November 2025, posting revenues of $12.42bn. Revenue increased 1% on a reported basis and was flat on a currency-neutral basis. Net income for the quarter fell 32% to $792m, with a diluted earnings per share (EPS) of $0.53. The company’s gross margin narrowed by 300 basis points to 40.6%, a decline it attributed mainly to increased tariffs in North America. Wholesale revenues increa ...
Eightcap Insights: Why Institutions Are Buying Bitcoin’s Fear
Yahoo Finance· 2025-12-19 09:55
Eightcap Insights:. Photo by BeInCrypto The final quarter of 2025 has been a crucible for digital assets. Following the largest single-day liquidation event in history, the cryptocurrency market finds itself in a state of profound psychological flux. Beneath the surface noise of price crashes and sharp volatility, a significant, and perhaps defining, structural divergence has emerged: retail sentiment is paralyzed by fear, while institutional capital is quietly, but aggressively, accumulating. This diverg ...
Yen Weakens Despite BOJ Hiking Rate to Highest Level Since 1995
Yahoo Finance· 2025-12-19 09:54
The yen weakened past 157.10 against the dollar after Ueda spoke, suggesting that traders were looking for stronger messaging around further hikes ahead. It was trading around 155.80 before the decision.“The decision statement describes rates as “at significantly low levels,” even as they edge toward the BOJ’s 1% estimate for the lower bound of neutral. That suggests the bank now sees neutral as higher, giving it room to tighten further.”“Of course it would be great if we can have a better idea of where the ...
Ralph Lauren Stock: Not A Good Fit At Record Valuation (NYSE:RL)
Seeking Alpha· 2025-12-19 09:52
Company Overview - Ralph Lauren (RL) is a renowned American apparel and accessories company recognized globally for its lifestyle products [1] - The company offers a wide range of products including apparel for men, women, and children, as well as footwear and accessories like eyewear [1] Investment Perspective - The focus is on identifying undervalued stocks with promising potential, emphasizing a balance between risk and reward [1] - The belief is that the best investment ideas are often the simplest, and a contrarian approach may yield better results [1]
Why Oracle Shares Are Trading Higher By Over 5%; Here Are 20 Stocks Moving Premarket - Antelope Ent Hldgs (NASDAQ:AEHL), Aimei Health Technology (NASDAQ:AFJK)
Benzinga· 2025-12-19 09:52
Shares of Oracle Corp (NYSE:ORCL) rose sharply in pre-market trading.TikTok has signed binding agreements with a group of investors, including Oracle, Silver Lake and Emirati investment firm MGX, to form a new TikTok U.S. entity, reported The Associated Press, citing an internal memo. The deal is expected to close Jan. 22.Oracle shares jumped 5.7% to $190.23 in the pre-market trading session.Here are some other stocks moving in pre-market trading.GainersVision Marine Technologies Inc (NASDAQ:VMAR) surged 48 ...
Kering sets out phased takeover plan for Raselli Franco Group
Yahoo Finance· 2025-12-19 09:50
Kering has signed an agreement for the acquisition of Raselli Franco Group, an Italian manufacturer of luxury jewellery. The owner of Gucci will initially acquire 20% of the family-owned business as part of a staged transaction that may lead to full ownership by 2032. Kering is set to purchase the initial holding in the first quarter of 2026 for €115m ($134.78m), subject to customary closing conditions and regulatory approvals. Kering CEO Luca de Meo said: “This acquisition marks a strategic milestone ...
Bank of Japan Hikes Rates to 30-Year High as Yen Weakens – The Catalyst for Bitcoin Rebound?
Yahoo Finance· 2025-12-19 09:48
The Bank of Japan raised interest rates to 0.75% on December 19, marking the highest borrowing costs in three decades and triggering immediate speculation about implications for global crypto markets. Bitcoin climbed 2.5% to approach $88,000 following the decision, which came as policymakers balanced inflation concerns against mounting fiscal pressures from Prime Minister Sanae Takaichi’s $117 billion stimulus package. Source: TradingView The central bank voted unanimously to lift short-term rates from ...
Bitcoin Price Will Hit All-Time High in 2026, Bitwise Predicts, Will Be ‘Less Volatile’ Than Nvidia
Yahoo Finance· 2025-12-19 09:47
Despite Bitwise’s longer-term optimism, some analysts remain cautious in the near term. Key Takeaways Bitcoin volatility may fall further in 2026, according to Bitwise. The firm said Bitcoin, Ethereum and Solana are all expected to reach new all-time highs in the new year. Short-term risks remain for Bitcoin. Bitcoin could become less volatile than high-growth U.S. technology stocks, such as Nvidia, by 2026, while both Bitcoin and Ethereum are likely to reach new record highs, according to crypto ...