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CanAlaska Begins Summer Drill Program at West McArthur Joint Venture
Newsfile· 2025-06-17 11:30
Core Viewpoint - CanAlaska Uranium Ltd. has initiated its summer drill program at the West McArthur Joint Venture project, focusing on expanding the high-grade Pike Zone uranium discovery as part of a $12.5 million exploration program for 2025 [1][4]. Group 1: Project Overview - The West McArthur project is a joint venture with Cameco Corporation, where CanAlaska holds an 85.97% ownership and is solely funding the 2025 exploration program [1][4]. - The summer drill program aims to achieve 15 to 20 additional intersections targeting uranium mineralization, with drilling already commenced at the Pike Zone [4][6]. Group 2: Drilling Details - The Pike Zone has a strike length of approximately 250 meters of uranium mineralization, which remains open in all directions [5]. - Significant uranium intersections from the winter drill program include WMA079-01, which intersected 8.3 meters at 24.82% eU3O8, and WMA074-04, which intersected 17.6 meters at 9.10% eU3O8 [5]. Group 3: Market Context - The CEO of CanAlaska expressed optimism about the uranium market, noting that long-term contract prices have stabilized and spot prices are showing upward movement, which could enhance the significance of the upcoming drilling results [3][4]. Group 4: Future Expectations - The summer portion of the exploration program is expected to be completed by September 2025, with assay results from the winter program still pending [6]. - The company is focused on discovering and delineating Tier 1 uranium deposits in a secure jurisdiction, leveraging its extensive portfolio in the Athabasca Basin [11].
Solar stocks plummet as Senate version of Trump's tax bill cuts renewable energy incentives
CNBC· 2025-06-17 11:24
The Senate version of the bill includes a provision that would fully phase out both solar and wind power tax incentives by 2028. It does, however, keep incentives for nuclear, hydropower and geothermal energy for longer. The renewable energy incentives were key pillars of former President Joe Biden's Inflation Reduction Act. "The House-passed version generally represented a worst-case scenario for the majority of the IRA's tax incentives; while the Senate proposal still represents a material negative for re ...
Blackstone Secured Lending: Portfolio Resilience And Excess Capital Make This BDC Attractive
Seeking Alpha· 2025-06-17 11:22
Financial analyst by day and a seasoned investor by passion, I've been involved in the world of investing for over 15 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering high quality dividend stocks and other assets that offer potential for long term-growth that pack a serious punch for bill-paying potential. I use myself as an example that with a solid base of classic dividend growth stocks, sprinkling in some Business Development Companies, REITs, an ...
United Airlines: Why UAL Stock Is An Undervalued Play On Oil Relief
Forbes· 2025-06-17 11:15
TOPSHOT - The first direct scheduled flight from US' Newark airport to Nuuk's airport is landing in ... More Nuuk, Greenland, on June 14, 2025. United Airlines flight from the US has been in transit for four hours to the new international airport in Nuuk. (Photo by Mads Claus Rasmussen / Ritzau Scanpix / AFP) / Denmark OUT (Photo by MADS CLAUS RASMUSSEN/Ritzau Scanpix/AFP via Getty Images)Ritzau Scanpix/AFP via Getty Images Airline stocks surged on June 16, with United Airlines (NASDAQ: UAL) leading the cha ...
Can Darden Restaurants Deliver In Its Next Earnings?
Forbes· 2025-06-17 11:10
DRI 1D, 5D, and 21D Post Earnings Return AUSTIN, TEXAS - DECEMBER 19: The exterior of a LongHorn Steakhouse restaurant is seen on December ... More 19, 2024 in Austin, Texas. (Photo by Brandon Bell/Getty Images) Getty Images Darden Restaurants (NYSE: DRI), a specialist in the full-service dining restaurant chain, is set to announce its fiscal fourth-quarter earnings (ending in May) on Friday, June 20, 2025, with analysts estimating earnings of $2.94 per share on $3.25 billion in revenue. This would indicate ...
Freeport-McMoRan: Teed Up To Benefit As Copper Shortage Is Set To Expand Soon
Seeking Alpha· 2025-06-17 11:04
Freeport-McMoRan (NYSE: FCX ) is one of the world's largest copper and gold miners. The company was founded in 1912 in Texas to mine sulfur using the efficient Frasch process. By 1932, Freeport had expanded operations toInvest Heroes LLC is a CIS-based research firm founded in 2018. Since then, we provide equity and fixed income research services which become more and more well-known locally among both professional investors and private clients. Here’s what we do: - Cover top 120+ Russian, US and Chinese st ...
Is CrowdStrike Stock Set to Break Out or Cool Off?
MarketBeat· 2025-06-17 11:02
Core Viewpoint - CrowdStrike Holdings Inc. (CRWD) stock has shown a significant increase in 2025, with a rise of approximately 40% year-to-date and 55% from its February low, indicating strong market interest and potential for further gains [1][2] Group 1: Stock Performance and Analyst Ratings - The stock is currently priced at $479.39, with a 52-week range between $200.81 and $491.20, and a P/E ratio of 940.00 [1] - Analysts have mixed sentiments, with Bernstein downgrading the stock from Outperform to Market Perform with a price target of $371, while Wedbush and Susquehanna set targets at $525 and $530 respectively [6] - The average 12-month price forecast for CRWD is $453.17, indicating a potential downside of 5.47% from the current price [7] Group 2: Market Trends and Institutional Activity - The cybersecurity sector is outperforming broader technology stocks, driven by increasing sophistication in cyber threats due to advancements in AI [2] - CrowdStrike's Falcon platform utilizes AI for real-time threat detection, leveraging its proprietary Threat Graph to identify suspicious activities [3][4] - Institutional investors are hedging against potential downside moves, as indicated by rising implied volatility for put options compared to calls [8] Group 3: Future Outlook - The stock may remain rangebound between $480 and $500 during the summer, with investors awaiting the next earnings report in early September for potential catalysts [9] - The options market shows a consolidation of call volume and open interest around the $475 to $490 range, suggesting cautious optimism among traders [7][8]
Meet Edge MTB, Garmin's first-ever bike computer made for mountain bikers
Prnewswire· 2025-06-17 11:02
Core Insights - Garmin has launched the Edge® MTB, a GPS bike computer specifically designed for mountain bikers, featuring advanced capabilities such as full-color maps and 5 Hz GPS recording [1][3][7] Product Features - The Edge MTB includes full-color maps, enduro and downhill ride profiles, and 5 Hz GPS recording, allowing for detailed trail line visualization during descents [1][2][6] - It offers up to 14 hours of battery life under demanding use and up to 26 hours in battery saver mode, catering to long trail rides [1][6] - The rugged design features seven overmolded buttons and a scratch-resistant Corning® Gorilla® Glass lens, ensuring durability in extreme conditions [6][7] Market Positioning - The product is aimed at the growing mountain biking market, with features designed by mountain bikers for mountain bikers, enhancing technical skills and speed on trails [3][5] - The Edge MTB is priced at $399.99, positioning it competitively within the cycling technology market [7] User Experience - Professional athletes have endorsed the Edge MTB, highlighting its lightweight design, durability, and advanced features that enhance training and performance tracking [5][7] - The device includes built-in maps and access to worldwide MTB trail data from Trailforks, which is beneficial for training [7] Technological Advancements - The 5 Hz GPS recording technology allows for more frequent location data capture, providing unparalleled precision in performance tracking compared to other cycling computers [6] - Features like timing gates and MTB dynamics tracking (jump count, distance, hang time) offer comprehensive performance insights for users [6]
Iridium Names Monique Shivanandan to Board of Directors
Prnewswire· 2025-06-17 11:01
MCLEAN, Va., June 17, 2025 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced the appointment of Monique Shivanandan to its Board of Directors, effective today.Shivanandan has served as Group Chief Data & Analytics Officer at HSBC Holdings plc, a multinational financial services company, since May 2023, having previously served as Chief Information Security Officer at HSBC since July 2020. She served as a group Ch ...
Kirkland's, Inc. to Rebrand as The Brand House Collective, Inc. Accelerating Brand Conversions Utilizing Bed Bath & Beyond, Overstock, buybuy Baby
Prnewswire· 2025-06-17 11:01
Announces Changes to the Board of DirectorsNASHVILLE, Tenn., June 17, 2025 /PRNewswire/ -- Kirkland's, Inc. (Nasdaq: KIRK) (the "Company") today announced plans to rebrand and change its corporate name from Kirkland's Inc. to The Brand House Collective, Inc. ("The Brand House Collective") reflecting the Company's transformation into a multi-brand merchandising, supply chain and retail operator leading the brick & mortar vision and strategy for Kirkland's Home along with Beyond, Inc.'s ("Beyond") growing por ...