TORONTO, May 06, 2026 (GLOBE NEWSWIRE) -- McEwen Inc. (NYSE/TSX: MUX) (“McEwen” or the “Company”) today announced its first quarter financial results for the period ended March 31, 2026 (Q1), along with an update on its development projects, including an updated Mineral Resource Estimate and strong exploration results across all sites as the Company is advancing its plan to increase production to ...
TORONTO, May 06, 2026 (GLOBE NEWSWIRE) -- McEwen Inc. (NYSE/TSX: MUX) (“McEwen” or the “Company”) today announced its first quarter financial results for the period ended March 31, 2026 (Q1), along with an update on its development projects, including an updated Mineral Resource Estimate and strong exploration results across all sites as the Company is advancing its plan to increase production to 250,000 - 300,000 GEOs by 2030.
Chinese households picked up their pace of spending over the recent Labor Day extended holiday weekend, according to preliminary figures economists are assessing for a turnaround from a disappointing March . The five-day break saw a 14.3% jump in consumer sales from the same holiday last year, based on value-added tax invoices from the State Taxation Administration, the official Xinhua News Agency...
Chinese households picked up their pace of spending over the recent Labor Day extended holiday weekend, according to preliminary figures economists are assessing for a turnaround from a disappointing March . The five-day break saw a 14.3% jump in consumer sales from the same holiday last year, based on value-added tax invoices from the State Taxation Administration, the official Xinhua News Agency reported . That’s slightly faster than the 13.7% increase seen at the last major holiday — the February Lunar New New Year break — the data showed. While an encouraging sign for what’s been a stubbornly weak link in the world’s second-largest economy, household spending over holidays can be volatile, and big-ticket purchases remain subdued , economists said. Without a strengthening in consumption, China would likely continue to rely on exports and advanced manufacturing to propel growth. “The data suggests there should be some improvement in spending versus April, but not strong enough to suggest a turnaround,” said Michelle Lam , Greater China economist at Societe Generale SA. Retail sales figures have tended to pick up during holiday seasons only to falter afterwards, she said. The most recent official retail sales figures were for March, when they were up just 1.7% from a year before, the latest in a string of sub-2% readings. One potential factor: the government has scaled back funding support for its flagship consumer goods trade-in program this year. “I would expect spending growth to slow again after the holiday period, given the still-soft labor market,” said Duncan Wrigley , chief China economist at Pantheon Macroeconomics, pointing to climbing youth unemployment rate and the country’s struggling property market. “Parts of the economy are thriving - like high-tech manufacturing - but they hire relatively few people compared with still struggling sectors like local self-employed and family businesses,” he said. The figures for the Labor Day weekend could have got a...
It's been a rough year for PayPal (NASDAQ: PYPL) shareholders, and Tuesday's reaction to the company's first-quarter 2026 earnings only added to the pain. Shares dropped roughly 9% in early trading following the report, deepening a slide that had already left the stock down about 14% year to date heading into the release. What's striking is that the headline numbers actually came in ahead of analy...
It's been a rough year for PayPal (NASDAQ: PYPL) shareholders, and Tuesday's reaction to the company's first-quarter 2026 earnings only added to the pain. Shares dropped roughly 9% in early trading following the report, deepening a slide that had already left the stock down about 14% year to date heading into the release. What's striking is that the headline numbers actually came in ahead of analysts' consensus forecasts. The digital payments specialist's revenue rose 7% year over year to $8.4 billion, and adjusted earnings per share edged up 1% to $1.34. This was helped by total payment volume (TPV) reaching $464 billion -- up 11%. But investors took aim at what was happening beneath the surface -- particularly weak branded checkout growth and contracting margins. And the company's lukewarm second-quarter outlook didn't help. Continue reading
Philippine growth unexpectedly slowed in the first quarter, making the country a laggard within the region and challenging policymakers trying to cool inflation and support the peso. Gross domestic product rose 2.8% in the January-to-March period from a year earlier, the Philippine Statistics Authority said Thursday. That’s lower than the 3.3% median forecast in a Bloomberg News survey and below t...
Philippine growth unexpectedly slowed in the first quarter, making the country a laggard within the region and challenging policymakers trying to cool inflation and support the peso. Gross domestic product rose 2.8% in the January-to-March period from a year earlier, the Philippine Statistics Authority said Thursday. That’s lower than the 3.3% median forecast in a Bloomberg News survey and below the 3% pace of the previous quarter. Investment fell 3.3% in the quarter, and industrial production edged down 0.1%. Consumer spending rose 3% from a year earlier, while government spending gained 4.8%. There was no immediate reaction in Philippine stocks, which were trading about 2% higher amid a regional rally. The disappointing data underscores the damage caused by rising energy costs due to the Middle East conflict, with the economy already struggling after a corruption scandal led to a drastic slowdown in public investment and private consumption. The central bank, which last month raised interest rates, has little room to support the economy because of peso weakness and surging consumer prices. Read More: Philippines May Need Larger Rate Hike as Inflation Hits 7.2% The US conflict with Iran has spiked oil prices globally, but the Philippines is particularly affected because it imports nearly all of its oil requirements from the Middle East. The quarterly growth reading lagged that of neighbors like Indonesia , Malaysia and Vietnam . Before the war erupted, the Philippines had already been rocked by revelations that billions of dollars in public funds meant for flood-control projects had been misused. That led 2025 growth to slump to 4.4%, the weakest pace in more than a decade outside the pandemic. Read More: Philippine Growth Slumps, Trailing Emerging Asia on Scandal
Earnings Call Insights: Fastly (FSLY) Q1 2026 Management View "We had a great start to the year at Fastly." (CEO & Director Kip Compton) "In Q1, we delivered $173 million in revenue, up 20% year-over-year and near the high end of our guidance range." "Security growth accelerated to 47% year-over-year and represented 22% of our total revenue." (CEO & Director Compton) "Increased demand for our Comp...
Earnings Call Insights: Fastly (FSLY) Q1 2026 Management View "We had a great start to the year at Fastly." (CEO & Director Kip Compton) "In Q1, we delivered $173 million in revenue, up 20% year-over-year and near the high end of our guidance range." "Security growth accelerated to 47% year-over-year and represented 22% of our total revenue." (CEO & Director Compton) "Increased demand for our Compute offering drove the other category up 67% year-over-year." "In Network Services, our platform's superior performance, reliability and value are driving continued share gains and delivered 11% year-over-year growth in the quarter, roughly double the market growth rate." (CEO & Director Compton) "To further accelerate the momentum of our go-to-market transformation, we hired Joan Jenkins as our new Chief Marketing Officer." (CEO & Director Compton) "We are continuing our investment in APJ, highlighted by the recent opening of our new office in Singapore." "Revenue for the first quarter increased 20% year-over-year to $173 million coming in at the high end of our guidance range of $168 million to $174 million." (Chief Financial Officer Richard Wong) "This result was a record high for Fastly and was driven by continued success in our go-to-market upsell and cross-sell motions with our expanded product platform, highlighted by strong security momentum." Outlook "In the second quarter, we expect revenue in the range of $170 million to $176 million." (CFO Wong) "For the second quarter, we expect a non-GAAP operating profit of $12 million to $16 million." "We expect a non-GAAP net earnings per diluted share of $0.05 to $0.08." (CFO Wong) "We anticipate our gross margins for the second quarter will be 64%, plus or minus 50 basis points." "For calendar year 2026, we are raising our revenue guidance to a range of $710 million to $725 million." (CFO Wong) "We expect our non-GAAP net earnings per diluted share to be in the range of $0.27 to $0.33." "We are increasing our non-GAAP ope...
Earnings Call Insights: Hallador Energy Company (HNRG) Q1 2026 Management view "Subsequent to quarter end, we executed a 12-year capacity agreement with a subsidiary of utility, that is expected to generate more than $1 billion of contracted revenue from 2028 through 2040 at pricing levels more than 2x our historical contracted capacity pricing." (President, CEO & Chairman Brent Bilsland) "This ag...
Earnings Call Insights: Hallador Energy Company (HNRG) Q1 2026 Management view "Subsequent to quarter end, we executed a 12-year capacity agreement with a subsidiary of utility, that is expected to generate more than $1 billion of contracted revenue from 2028 through 2040 at pricing levels more than 2x our historical contracted capacity pricing." (President, CEO & Chairman Brent Bilsland) "This agreement is subject to approval by the Indiana Utility Regulatory Commission, which we anticipate will occur in the second half of 2026." (President, CEO & Chairman Bilsland) "Together, these 2 capacity-only sales total approximately $1.1 billion and place Hallador in a substantially sold-forward position on accredited capacity for approximately the next 14 consecutive years." (President, CEO & Chairman Bilsland) "It is worth noting that this agreement is only for our capacity. We are not committing energy under this contract, which enables us to secure durable contracted revenue, while preserving full exposure to future upside in energy markets as demand for power continues to rise across MISO." (President, CEO & Chairman Bilsland) "While our first quarter results were generally in line with our expectations due to previously mentioned availability constraints at Merom" and "the generating unit in question is currently in a planned maintenance outage." (President, CEO & Chairman Bilsland) "Electric sales for the first quarter were $65.1 million" and "total operating revenue was $101.8 million for the first quarter." (Chief Financial Officer Todd Telesz) "Hallador had no outstanding bank debt at March 31, 2026" and "total liquidity at March 31, 2026, was $97.5 million." (Chief Financial Officer Telesz) Outlook "This agreement is subject to approval by the Indiana Utility Regulatory Commission, which we anticipate will occur in the second half of 2026." (President, CEO & Chairman Bilsland) "Looking ahead, our second quarter results will reflect the planned outage currently un...
(RTTNews) - The Thai Stock market rebounded on Wednesday, one day after ending the four-day winning streak in which it had rallied almost 40 points or 2.7 percent. The Stock Exchange of Thailand now sits just above the 1,515-point plateau and it may extend its gains on Thursday.
(RTTNews) - The Thai Stock market rebounded on Wednesday, one day after ending the four-day winning streak in which it had rallied almost 40 points or 2.7 percent. The Stock Exchange of Thailand now sits just above the 1,515-point plateau and it may extend its gains on Thursday.
In the weeks leading up to Donald Trump’s second inauguration, conservatives in Japan were delighted and hopeful that his return would usher in robust economic growth, new trade opportunities and a stronger security relationship with Tokyo. Now, barely 18 months later, many of the conservatives admit to being shocked at the state of the bilateral relationship and mounting global uncertainties due ...
In the weeks leading up to Donald Trump’s second inauguration, conservatives in Japan were delighted and hopeful that his return would usher in robust economic growth, new trade opportunities and a stronger security relationship with Tokyo. Now, barely 18 months later, many of the conservatives admit to being shocked at the state of the bilateral relationship and mounting global uncertainties due to the US president’s policies. The conflict that he started in Iran was the final straw for some of...
As quantum computing advances, it introduces cybersecurity risks capable of compromising today's encryption methods. This is accelerating the adoption of post-quantum cryptography (PQC), forcing organizations to rethink how they secure data across distributed environments, especially at the edge. To prepare for this transition, NEXCOM, a leading supplier of network appliances, enables organization...
As quantum computing advances, it introduces cybersecurity risks capable of compromising today's encryption methods. This is accelerating the adoption of post-quantum cryptography (PQC), forcing organizations to rethink how they secure data across distributed environments, especially at the edge. To prepare for this transition, NEXCOM, a leading supplier of network appliances, enables organizations to prepare for PQC today with high-performance, PQC-ready edge cybersecurity solutions.