Otis Delivers Vertical Mobility for Montreal's REM Light Metro Transit
Prnewswire· 2025-12-22 12:30
Customized elevator and escalator solutions designed to deliver safe and reliable access to this one-of-a-kind driverless transit system MONTREAL, Dec. 22, 2025 /PRNewswire/ -- Otis (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation and service company, has completed a landmark installation at the Réseau Express Métropolitain (REM) light metro transit in Montréal. This transformative project was designed to connect communities across Greater Montréal and offer safe, reliabl ...
Mithril Silver & Gold Builds Momentum at Copalquin with Third Drill Mobilization and Expanded 2026 Exploration Program
Thenewswire· 2025-12-22 12:30
Core Viewpoint - Mithril Silver and Gold Limited is advancing its exploration efforts at the Copalquin District gold-silver project in Mexico, with significant drilling activities planned for 2026, including the mobilization of a third drill rig and a focus on expanding known mineralized zones [1][8]. Drilling Update - Drilling at Target 3 will begin in January 2026, with an initial phase of 3,300 meters planned near historic workings that showed promising channel sampling results of up to 0.65 m @ 16 g/t gold and 1,275 g/t silver [2]. - Target 1 drilling has produced a predictive model for a new resource estimation in 2026, with further drilling of approximately 3,000 meters planned [3]. - The maiden drill program at Target 5 has yielded excellent results, including 2.75 m @ 2.28 g/t gold and 500 g/t silver, with additional drilling planned to test further along strike [4]. Assay Update - The company is experiencing delays at its external assay laboratory, with final results pending for about 20 drill holes, and additional holes dispatched recently [5]. Regional Exploration - LiDAR surveying has been completed at the newly acquired La Dura concession area, with analysis expected in early 2026. An aerial magnetic survey is scheduled for January 2026 to refine structural interpretations and identify new targets [6]. Year-End Reflection - The company has made significant exploration progress in 2025, reinforcing the potential of the Copalquin District as a high-grade gold-silver system, with multiple targets advancing in parallel [7]. 2026 Outlook - Mithril plans an aggressive exploration program in 2026, targeting 25,000 meters of drilling and focusing on expanding known mineralized zones and testing new high-priority targets [8].
BMO Announces a Special Cash Distribution for Active ETF Series Units of BMO Global Health Care Fund - Bank of Montreal (NYSE:BMO)
Benzinga· 2025-12-22 12:30
TORONTO, Dec. 22, 2025 /CNW/ - BMO Investments Inc., the manager of BMO Global Health Care Fund (the "Fund"), today announced a special cash distribution for unitholders of Active ETF Series units of the Fund (Cboe Canada: BGHC).Investors who held Active ETF Series units of the Fund at the close of business on October 1, 2025 will receive a cash distribution on December 30, 2025. The tax characteristics of this distribution will be reported in 2026.Details of the per-unit distribution amount are as follows: ...
Wall Street anticipates a new all-time high as Washington aims ‘cash bazooka’ at banks and consumers
Yahoo Finance· 2025-12-22 12:29
S&P 500 futures were up a solid 0.42% this morning before the opening bell in New York, after the index added 0.88% in its Friday session. The Christmas week is—obviously—often a quiet one with thin trading and low volatility. Traders are focused more on positioning for 2026 than they are on the week ahead, and so far they appear to like what they are seeing for the year ahead. We may even see a new all-time high—the S&P is just less than 1% from its previous record peak.Two big reasons for that are the Fe ...
San Francisco Outage Impacts Thousands
Seeking Alpha· 2025-12-22 12:28
Market Trends - Gold has reached a new high, surpassing $4,400, driven by increasing expectations of Federal Reserve rate cuts and heightened demand for safe-haven assets due to geopolitical tensions [3] - The latest Seeking Alpha Sentiment Survey focuses on investment strategies for 2026, covering stock sectors, capital allocation, and macroeconomic themes [3] Company Updates - OpenAI is enhancing profit margins from its paid products, while SoftBank is making significant efforts to fulfill its funding commitments to AI startups by the end of the year [4] - SpaceX's recent rocket explosion in January has been revealed to pose a greater risk to air travel than previously understood, and Bill Ackman is advocating for a SpaceX IPO through a SPARC merger [4] Infrastructure Issues - San Francisco experienced a major power outage due to a fire at a Pacific Gas and Electric (PG&E) substation, affecting around 130,000 customers, which is approximately one-third of the utility's customer base in the city [6] - The outage disrupted traffic and led to temporary business closures during a peak holiday shopping period, with power restoration expected to be completed by Monday afternoon [6] Autonomous Vehicle Developments - Waymo temporarily suspended its robotaxi service in San Francisco due to the power outage, which immobilized several vehicles and exacerbated traffic congestion [7] - The incident highlighted the reliance of autonomous vehicle fleets on external infrastructure, raising public skepticism about the safety and reliability of such technologies [8] Other Notable Events - Clearwater Analytics is set to be taken private in an $8.4 billion deal [9] - Uber and Lyft are planning to test Baidu's robotaxis in the UK [10] - Interactive Brokers has applied for a National Trust Bank Charter [11]
iShares ACWX ETF Throws Out US Companies And Somehow Still Doubled The S&P 500 Returns
Yahoo Finance· 2025-12-22 12:27
Dilok Klaisataporn / Shutterstock.com Quick Read ACWX gained in 2025 as US dollar weakness amplified returns from international stocks for dollar-based investors. The fund holds $7.3B across 2,000 non-US stocks with a 0.32% expense ratio and just 12% in top 10 holdings. IXUS offers nearly identical exposure at 0.07% compared to ACWX’s 0.32% fee. If you’re thinking about retiring or know someone who is, there are three quick questions causing many Americans to realize they can retire earlier than e ...
Here are the macro surprises that Morgan Stanley says could trip up investors next year
MarketWatch· 2025-12-22 12:27
Morgan Stanley analysts across various products identify areas where they think the market consensus may be proven wrong. ...
Arrive AI to Attend CES 2026 to Engage Industry Leaders on the Future of Autonomous Delivery and AI-Driven Logistics
Accessnewswire· 2025-12-22 12:27
Focused on Real-World Autonomy, Not Hype LAS VEGAS, NEVADA / ACCESS Newswire / December 22, 2025 / Arrive AI (NASDAQ:ARAI), an autonomous delivery network company focused on secure, AI-powered delivery solutions for healthcare and enterprise environments, announced today that members of its leadership, product, and engineering teams will attend CES 2026 to engage with industry stakeholders and evaluate emerging trends shaping the next phase of autonomous delivery. Arrive AI's delegation will include Chief O ...
Daily Spotlight: Canada's GDP Rebounds in 3Q
Yahoo Finance· 2025-12-22 12:25
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Freight Recession Nearing an End? Truck Capacity Signals Tighten
Youtube· 2025-12-22 12:25
Core Insights - The Dow transports are showing signs of a potential end to the freight recession, with a favorable demand environment for carriers indicated by the sonar truckload rejection index reaching a year high, the highest since May 2022 [1] Industry Developments - The freight recession is considered by many to be the longest on record, with recent indicators suggesting a tightening of capacity [2] - The Department of Transportation (DOT) has implemented a crackdown on trucking schools and non-US truckers, which could lead to increased rates. Recently, the DOT removed 9,500 truckers from the road due to English language enforcement, representing about 1% of US truckers [3] - Additionally, the DOT has taken 3,000 truck driving schools off its registry, impacting the supply of new truck drivers [3] Company Focus - Companies to watch in the truck brokerage and trucking sectors include CH Robinson and Expediters, as well as major container and full truckload carriers like JB Hunt and Night Swift. While there has been no immediate movement in their stocks, they are under observation for potential changes throughout the day [4]