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Vermilion Energy Inc. Sells Additional Common Shares of Coelacanth Energy Inc.
Prnewswire· 2025-12-18 00:26
Core Viewpoint - Vermilion Energy Inc. has sold 26 million common shares of Coelacanth Energy Inc. for $19.76 million, reducing its ownership from approximately 15.0% to 10.2% of Coelacanth's outstanding shares, as part of its strategy to reduce debt and enhance business resiliency [1][2][3]. Group 1: Share Transactions - On December 17, 2025, Vermilion sold 26,000,000 common shares of Coelacanth at a price of $0.76 per share, totaling $19,760,000 [1]. - Prior to the sale, Vermilion held 80,179,104 common shares, representing about 15.0% of Coelacanth's issued shares [2]. - After the transaction, Vermilion's holdings decreased to 54,179,104 common shares, which is approximately 10.2% of the total [2]. Group 2: Strategic Intent - The sale of common shares aligns with Vermilion's priority of reducing debt to improve business resilience [3]. - The company will continue to assess its investment in Coelacanth and may adjust its holdings based on market and economic conditions [3]. - Following the sale, Vermilion is restricted from selling more than 4,000,000 common shares without Coelacanth's consent [3]. Group 3: Company Overview - Vermilion is a global gas producer focused on acquiring, exploring, and developing liquids-rich natural gas in Canada and conventional natural gas in Europe [5]. - The company aims to optimize low-decline oil assets to generate significant free cash flow [5]. - Vermilion prioritizes health and safety, environmental protection, and profitability in its operations [6].
Economist warns XRP might have to deal with 'bearish' sentiments
Yahoo Finance· 2025-12-18 00:23
Economist Peter Brandt has flagged what he describes as a potentially bearish technical setup for XRP. In a post on X on Dec. 17, Brandt warned traders that the asset may be forming a double-top pattern on the weekly chart. Related: Ripple beat the SEC — but did XRP really win? XRP price performance XRP remains one of the longest-standing digital assets in the market. Since its launch in 2012, XRP has gained more than 31,800% as of Dec. 17, according to CoinGecko data. However, recent performance has b ...
Sankamap Updates Status on Late Filing of Financial Statements
TMX Newsfile· 2025-12-18 00:22
Edmonton, Alberta--(Newsfile Corp. - December 17, 2025) - Sankamap Metals Inc. (CSE: SCU) ("Sankamap" or the "Company") the Company continues to work towards the filing of its annual audited financial statements and management's discussion and analysis for the fiscal year ended June 30, 2025 (the "Required Filings"). The Company confirms that it completed a change of auditors, and that the related documentation was filed earlier this month. Following the completion of the audit of Sankamap's private subsid ...
Micron Stock Post Earnings: Just How Good Could Things Get? (NASDAQ:MU)
Seeking Alpha· 2025-12-18 00:20
Micron Technology, Inc. ( MU ), is extremely well positioned within AI-led memory demand, and everyone knows it. This means that being good isn’t good enough; Micron needs to convince investors that great growth cannot only be achievedTech Stock Pros is a team of three former technology sector engineers with a long history of investing in the tech sector. They run Tech Contrarians, an investing group providing institutional-level company research to individual investors. Utilizing a live portfolio with quar ...
Shares in South Korea's LGES drop more than 7% after Ford cancels EV battery deal
Reuters· 2025-12-18 00:20
Core Viewpoint - Shares of LG Energy Solution fell by as much as 7.6% in morning trade following the announcement that Ford Motor had cancelled an electric vehicle battery supply deal [1] Company Summary - LG Energy Solution's stock experienced a significant decline of 7.6% in the morning session on Thursday [1] - The decline was triggered by the cancellation of a supply agreement for electric vehicle batteries with Ford Motor [1] Industry Summary - The cancellation of the battery supply deal highlights potential volatility in the electric vehicle supply chain [1] - This event may impact investor sentiment towards companies involved in the electric vehicle battery sector [1]
Micron Post Earnings: Just How Good Could Things Get?
Seeking Alpha· 2025-12-18 00:20
Group 1 - Micron Technology, Inc. is well positioned to capitalize on AI-led memory demand, indicating a strong market opportunity for the company [1] - The company must demonstrate to investors that it can achieve significant growth beyond just being competent in the market [1] Group 2 - Tech Stock Pros, a team of former technology sector engineers, provides institutional-level company research to individual investors, focusing on the tech sector [1]
American Express Declares Regular Quarterly Dividend on Common Shares
Businesswire· 2025-12-18 00:20
Core Points - The Board of Directors of American Express Company declared a regular quarterly dividend of $0.82 per common share [1] - The dividend is payable on February 10, 2026, to shareholders of record on January 2, 2026 [1] - American Express is described as a global payments and premium lifestyle brand powered by technology [1]
Trump speech tonight: What time is presidential address today, how to watch live, and why he's addressing the nation
The Economic Times· 2025-12-18 00:17
: US president Donald Trump is set to deliver a prime-time address from the Oval Office at 9 p.m. Eastern Time on Wednesday, just hours after trolling his Democratic predecessors Barack Obama and Joe Biden, as per a report. White House staff updated the so-called “Presidential Walk of Fame,” describing Biden as “the worst President in American History” and Obama as “one of the most divisive political figures,” as per an Independent report. White House press secretary Karoline Leavitt said some of the plaqu ...
Sirius XM (SIRI) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2025-12-18 00:16
Core Viewpoint - Sirius XM's upcoming earnings release is anticipated to show a decrease in earnings per share and revenue compared to the previous year, indicating potential challenges for the company in the current market environment [2][3]. Financial Performance - Sirius XM's projected earnings per share (EPS) for the upcoming quarter is $0.77, reflecting a 7.23% decrease from the same quarter last year [2]. - The revenue estimate for the same period is $2.18 billion, showing a 0.58% drop compared to the year-ago quarter [2]. - For the full year, the Zacks Consensus Estimates predict earnings of $2.77 per share and revenue of $8.54 billion, representing year-over-year changes of +55.62% for earnings and -1.83% for revenue [3]. Analyst Estimates and Rankings - Recent adjustments to analyst estimates for Sirius XM are crucial as they indicate changing business trends, with positive revisions being a good sign for the business outlook [3]. - Sirius XM currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate remaining unchanged over the last 30 days [5]. Valuation Metrics - Sirius XM is trading at a Forward P/E ratio of 7.75, which is a discount compared to the industry average Forward P/E of 15.77 [6]. - The company has a PEG ratio of 0.32, significantly lower than the Broadcast Radio and Television industry average PEG ratio of 1.35 [6]. Industry Context - The Broadcast Radio and Television industry, part of the Consumer Discretionary sector, ranks in the bottom 40% of all industries according to the Zacks Industry Rank [7]. - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1, highlighting the competitive landscape within which Sirius XM operates [7].
Astera Labs, Inc. (ALAB) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2025-12-18 00:16
Company Performance - Astera Labs, Inc. (ALAB) closed at $140.24, reflecting a -3.24% change from the previous day's closing price, underperforming the S&P 500's loss of 1.16% [1] - The stock has increased by 3.88% over the past month, outperforming the Computer and Technology sector's gain of 1% and the S&P 500's gain of 1.03% [1] Earnings Projections - The upcoming earnings disclosure is projected to show earnings per share (EPS) of $0.51, a 37.84% increase from the same quarter last year, with quarterly revenue expected to be $249.79 million, up 77.03% year-over-year [2] - For the full year, analysts expect earnings of $1.78 per share and revenue of $831.69 million, representing increases of +111.9% and +109.87% respectively from the previous year [3] Analyst Estimates and Valuation - Recent changes to analyst estimates indicate a positive outlook for Astera Labs, with upward revisions suggesting confidence in the company's business operations and profit generation [4] - The Zacks Rank system, which assesses estimate changes, currently ranks Astera Labs at 3 (Hold), with a recent EPS estimate increase of 0.09% [6] - Astera Labs has a Forward P/E ratio of 81.58, significantly higher than the industry average of 28.79, and a PEG ratio of 1.5, compared to the industry average of 1.88 [7] Industry Context - Astera Labs operates within the Internet - Software industry, which is part of the Computer and Technology sector, currently holding a Zacks Industry Rank of 55, placing it in the top 23% of over 250 industries [8]