Core Insights - STERIS plc's Healthcare segment is benefiting from strong market adoption of its infection prevention products and capital equipment, while the Applied Sterilization Technologies (AST) division is seeing solid growth due to increased service revenues [1][4][5] - The company has shown resilience in its stock performance, with a 6.2% increase over the past year, contrasting with a 12.2% decline in the industry [2] - STERIS has a market capitalization of $22.88 billion and an earnings yield of 4.4%, outperforming the industry's -2.9% [2] Healthcare Segment Performance - The Healthcare segment reported a 5% year-over-year revenue growth for the fourth quarter of fiscal 2025, driven by a 6% increase in consumable revenues and a 13% growth in service revenues [4] - The segment achieved a 6% constant currency organic revenue growth for the fiscal fourth quarter, with order growth exceeding 12% [4][8] - Margins improved due to increased volume, favorable pricing, and positive productivity, which offset labor inflation [4] AST Segment Growth - The AST division experienced a 9% year-over-year growth in the fiscal fourth quarter, supported by a 6% increase in service revenues [5] - The division is gaining traction with ethylene oxide sterilization, particularly among manufacturers of single-use sterile technologies for vaccines and biopharmaceuticals [5] - Constant currency organic revenues in the AST segment were in the high single digits, indicating strong demand from bioprocessing and stable global demand from MedTech customers [5] Financial Health - As of the fiscal fourth quarter of 2025, STERIS reduced its long-term debt by 38.5% to $1.92 billion from $3.12 billion a year earlier [6][9] - The company ended the fiscal third quarter with cash and cash equivalents of $171.7 million, exceeding its short-term debt of $125 million [6] - The total debt-to-capital ratio was 22.5%, down 33.2% year over year, indicating improved solvency [9] Challenges Facing the Company - The global macroeconomic environment has negatively impacted STERIS' financial operations, with rising healthcare costs and procurement challenges affecting production costs [10] - Customer consolidation due to competitive pressures and cost reduction measures has led to pricing pressure and potential customer loss for STERIS [11] Earnings Estimates - The Zacks Consensus Estimate for STERIS' fiscal 2026 earnings has increased by 0.9% to $10.11, with revenues projected at $5.83 billion, suggesting a 6.7% growth from fiscal 2024 [12]

"We want this Bad Bunny boom to trickle down to everyone." Bad Bunny's 30-show residency in Puerto Rico is drawing fans to the island, giving its economy a much-needed boost https://t.co/JXrX0sKBPm ...

ROUYN-NORANDA, Quebec, July 10, 2025 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to inform shareholders that Radisson Mining Resources Inc. (RDS-TSXV, RMRDF-OTCQB) has announced in a July 9th 2025 press release, a positive Preliminary Economic Assessment (the PEA) for the O’B ...

Core Viewpoint - Taseko Mines Limited has released a new technical report for its Yellowhead Copper Project, highlighting significant improvements in project economics and establishing it as a world-class copper project in a tier-one jurisdiction [1][2]. Project Overview - The Yellowhead Project is located in central British Columbia, approximately 300 km southeast of the Gibraltar Mine and 150 km north of Kamloops, benefiting from excellent transportation infrastructure [4]. - Mining operations will utilize conventional truck and shovel techniques from a single open pit, with a process flowsheet that includes a SAG and ball milling circuit, followed by flotation processes [5]. Economic Highlights - The project has an estimated initial capital cost of C$2.0 billion, with a net present value (NPV) of C$2.0 billion and an internal rate of return (IRR) of 21% at a copper price of US$4.25 per pound [7][9]. - Average annual copper production is projected at 178 million pounds over a 25-year mine life, with total cash costs (C1) of US$1.90 per pound [7][9]. - The project is expected to generate total tax payments of approximately C$3.2 billion over its lifespan and create around 590 direct jobs and 1,120 indirect jobs [6]. Technical Report Updates - The new technical report incorporates updated capital and operating cost estimates, long-term metal prices, and additional technical work since the previous report in January 2020 [1][9]. - Key economic results show an increase in copper price assumptions from US$3.10 to US$4.25 per pound, and an increase in initial capital costs from C$1.3 billion to C$2.0 billion [9]. Environmental and Community Engagement - The project has commenced the Provincial and Federal environmental assessment processes, along with the Simpcw First Nation's assessment [10]. - Community engagement and technical studies are ongoing to support project permitting initiatives [10]. Mineral Reserves and Resources - As of June 1, 2025, the Yellowhead Project has proven and probable mineral reserves totaling 817 million tonnes, with an average copper grade of 0.28% [11]. - The measured and indicated mineral resources are estimated at 1,296 million tonnes, with an average copper grade of 0.25% [14].

Some of the worst fears from Donald Trump’s Liberation Day in the spring have been proved wrong. But America is on course to grow only about half as fast this year as it did in 2024, and still greater harm lies ahead https://t.co/oTMn8iorgA ...

Britain is cheap, and should learn to love it. After a decade of sorry growth, the country has no shame—and lots to gain—from being a bargain https://t.co/nxont3Kx1N https://t.co/dQu9P4eN7i ...

Consumer Spending Trends - Bank of America Institute data indicates a 2% increase in debit and credit card spending in June [1] - While consumer spending rebounded in June, it didn't fully offset earlier declines, suggesting a cooling trend [2] - Lower-income households are primarily driving the pullback in spending, while higher-income household spending accelerated by 1.2% [5] - Discretionary travel spending is declining, but restaurant spending shows a dichotomy, with fewer households dining out but spending more per transaction [6][7] Income and Wage Growth - Higher-income households experienced accelerated after-tax wage growth, nearing 3%, for the third consecutive month [9] - Lower-income households saw decelerated after-tax wage growth, increasing by 1.6% compared to 1.8% previously [10] Credit Card Usage - Younger generations entering a challenging labor market are a focal point regarding credit card usage [11]

Core Insights - West Red Lake Gold Mines has released a Preliminary Economic Assessment (PEA) for its Rowan project, indicating strong economic potential due to its high-grade, nearly vertical deposit characteristics [1][2][4]. Project Overview - The Rowan project is located 80 kilometers from the Madsen Mine and mill, with plans to utilize toll milling at existing mills in the Red Lake area to process its mineralization [1][2]. - The PEA highlights an average diluted head grade of 8.0 grams per tonne and an average annual gold production of 35,230 ounces over a 5-year mine life [4][5]. Economic Metrics - The post-tax Net Present Value (NPV) of the project is estimated at $239 million at a gold price of US$3,250 per ounce, with an Internal Rate of Return (IRR) of 81.7% [4][11]. - The all-in sustaining cost (AISC) is projected at US$1,408 per ounce, with a life of mine cash cost of US$963 per ounce [5][4]. Development Plans - The company plans to complete a Pre-Feasibility Study (PFS) by Q3 2026, with new legislation in Ontario aimed at expediting the mine approval process [6]. - There are significant opportunities for resource expansion at Rowan, with ongoing drilling campaigns targeting both depth and strike extensions of the mineralization [6][9]. Exploration Potential - Recent drilling has indicated high-grade gold mineralization, with notable intercepts such as 70.8 g/t gold over 8.3 meters, suggesting potential for further resource definition [9][8]. - The company aims to upgrade approximately 37% of the mine plan tonnes currently classified as inferred resources [11]. Operational Context - The Madsen Mill, with a nameplate capacity of 1,089 tonnes per day, is a potential processing site for Rowan's mineralization, which aligns with the company's toll milling strategy [3][2]. - The ramp-up operations at the Madsen Mine have begun, with consistent mining and milling rates reported [21].

From an economist’s point of view, teetotalism is an incoherent and damaging ideology—for three big reasons https://t.co/uOacwuDeYR ...

Market Reaction to Brazil Tariff - The tariff on Brazil raised eyebrows in Latin America and impacted some European companies with exposure [1] - Latin American currencies, which have been performing strongly this year, experienced a slight pullback, with rail down about 3% in local ETF [2] - Markets largely shrugged off contagion risk to other BRICS nations, viewing it as an individualized case, possibly an "escalate to de-escalate" tactic [3] - The intersection of politics and economics creates confusing signals, and the coffee market should be monitored for its impact on US chains and inflation [4] China Market Dynamics - Chinese property shares surged on unverified reports of a high-level meeting, impacting iron ore and basic resources [5] - Iron ore is up approximately 3.4% on speculation, and Chinese property stocks are up 10% [5] - There are positive signs of supportive measures for the policy sector in China, addressing cutthroat price competition [6] - Optimism is growing regarding the Chinese economy, pushing onshore gauges to the highest levels this year [6][7] Currency Trends - The dollar has weakened against G10 currencies but strengthened against emerging market currencies [7] - The US government is considering the possibility of the dollar trading more as a risk currency and less as a haven currency [8] - The dollar is under pressure due to perceptions of the Trump administration and the possibility of Fed cuts, potentially leading to further weakening [9]