Agronomics ( AGNMF ) announced on Friday an unaudited net asset value, or NAV, of 12.93 pence per share as of June 30, down 1.5% from 13.12 pence at March 31. Net assets totaled £140.0M, including £138.5M of investments and £1.6M in cash and short-term deposits. The company said NAV increased by about £1.5M during the quarter, while NAV per share declined due to the issuance of 26.8M shares to fun...
Agronomics ( AGNMF ) announced on Friday an unaudited net asset value, or NAV, of 12.93 pence per share as of June 30, down 1.5% from 13.12 pence at March 31. Net assets totaled £140.0M, including £138.5M of investments and £1.6M in cash and short-term deposits. The company said NAV increased by about £1.5M during the quarter, while NAV per share declined due to the issuance of 26.8M shares to fund a $5M investment in portfolio company SuperMeat. The company's shares traded at a 56% discount to NAV on June 30, compared with an average 49% discount over the prior 12 months. Shares -6.09%. More on Agronomics Limited Financial information for Agronomics Limited
China’s flagship Communist Party newspaper has joined a sweeping rhetorical offensive against rival maritime claimant the Philippines, days ahead of the 10th anniversary of a South China Sea arbitration ruling rejected by Beijing as “illegal”. In twin commentaries published on Friday, the People’s Daily branded the July 12 decision of 2016 a “destabilising force” and demanded that Manila pivot to ...
China’s flagship Communist Party newspaper has joined a sweeping rhetorical offensive against rival maritime claimant the Philippines, days ahead of the 10th anniversary of a South China Sea arbitration ruling rejected by Beijing as “illegal”. In twin commentaries published on Friday, the People’s Daily branded the July 12 decision of 2016 a “destabilising force” and demanded that Manila pivot to direct talks. The commentaries from official media cap a multi-agency initiative from Beijing in...
Exclusive: Sources say Labour whips are calling MPs urging them to heed union’s warning and not vote for cap One of Britain’s biggest trade unions has told Labour MPs not to vote for a cap on political donations next week, saying it could endanger union funding for the party. The GMB union has written to its affiliated MPs urging them not to vote for amendments to the representation of the people ...
Exclusive: Sources say Labour whips are calling MPs urging them to heed union’s warning and not vote for cap One of Britain’s biggest trade unions has told Labour MPs not to vote for a cap on political donations next week, saying it could endanger union funding for the party. The GMB union has written to its affiliated MPs urging them not to vote for amendments to the representation of the people bill that would cap donations at either £100,000 or £1m. Continue reading...
Wasan Tita Apollo Global Management ( APO ) has already led or participated in acquisitions valued at ~$27.6B this year, rapidly approaching 2021's record of $29B, according to a media report on Friday. On Friday alone, the private equity giant agreed to acquire Bayer AG's contraceptives business for €3B ($3.4B) and, separately, UK's easyJet for €5.7B ($7.7B). The year-to-date tally is up more tha...
Wasan Tita Apollo Global Management ( APO ) has already led or participated in acquisitions valued at ~$27.6B this year, rapidly approaching 2021's record of $29B, according to a media report on Friday. On Friday alone, the private equity giant agreed to acquire Bayer AG's contraceptives business for €3B ($3.4B) and, separately, UK's easyJet for €5.7B ($7.7B). The year-to-date tally is up more than 150% from the same period a year ago, Bloomberg News reported, citing data it compiled. By contrast, for the overall private equity industry, the value of acquisitions globally has risen just 3%, lagging the double-digit percentage growth in overall dealmaking, according to the Bloomberg data. Many PE firms have balked at new buyouts before reducing their backlog of unsold investments, much of which was acquired at pricey valuations when interest rates were low, Bloomberg said. Despite the rapid pace of acquisitions, Apollo's ( APO ) stock has lagged the S&P 500 year to date, dropping 17% vs. the index's 10% increase. The SA Quant system rates Apollo ( APO ) Hold, compared with the average SA Analyst rating and average Wall Street ratin g, both at Buy. In Friday premarket trading, APO dropped 2.4% vs. the S&P's -0.2%. More on Apollo Global Management Apollo Global Management: Formation Of Fee-Generating AUM Remains Strong Apollo Global: Temporary SRE Headwinds Mask Long-Term Earnings Growth Apollo caps private credit fund redemptions following 17% exit request
(RTTNews) - After a couple of days of strikes between the U.S. and Iran, global mediation talks are on to curb the situation in the Middle East. Investors are hopeful that the global supply might not be affected, despite the escalation of hostilities.
(RTTNews) - After a couple of days of strikes between the U.S. and Iran, global mediation talks are on to curb the situation in the Middle East. Investors are hopeful that the global supply might not be affected, despite the escalation of hostilities.
Megacap stocks dominate their sectors and their actions influence economies worldwide. The flip side though is that their sheer size means they have less room for explosive growth as scale works against them.
Megacap stocks dominate their sectors and their actions influence economies worldwide. The flip side though is that their sheer size means they have less room for explosive growth as scale works against them.
Thomas Tuchel seems undecided, while Ståle Solbakken has been structured before the World Cup quarter-final While there will be much focus on Harry Kane and Erling Haaland before England’s match with Norway, they carry no mystery. They will play. They will probably score. Of far greater interest is who Thomas Tuchel and Ståle Solbakken choose to deploy as their wingers. Neither team have completed...
Thomas Tuchel seems undecided, while Ståle Solbakken has been structured before the World Cup quarter-final While there will be much focus on Harry Kane and Erling Haaland before England’s match with Norway, they carry no mystery. They will play. They will probably score. Of far greater interest is who Thomas Tuchel and Ståle Solbakken choose to deploy as their wingers. Neither team have completed a game this summer fielding the wide forwards who began it. Continue reading...
Traders work on the floor of the New York Stock Exchange during morning trading on July 08, 2026 in New York City. Michael M. Santiago | Getty Images Stocks were off to a blistering pace in the first half of the year. Meanwhile, the U.S. economy 's trajectory is more tepid, somewhat divorced from that of stocks, economists said. That disconnect may be confusing to consumers and investors who assum...
Traders work on the floor of the New York Stock Exchange during morning trading on July 08, 2026 in New York City. Michael M. Santiago | Getty Images Stocks were off to a blistering pace in the first half of the year. Meanwhile, the U.S. economy 's trajectory is more tepid, somewhat divorced from that of stocks, economists said. That disconnect may be confusing to consumers and investors who assume the stock market and economy mirror one another, moving in lockstep. "I think there's this widespread perception the two should be in sync," said Joe Seydl, a senior markets economist at J.P. Morgan Private Bank. "But, from a purely analytical perspective, they're two very different phenomena," Seydl said. "We're talking about apples and oranges in many ways." Stock market and economy diverge The S&P 500 U.S. stock index rose nearly 10% in the first half of 2026. The Dow Jones Industrial Average, another stock index, climbed almost 9% over the same period — its best first-half performance since 2021 . Those gains follow a string of blockbuster years for U.S. stocks: The S&P 500 rallied 24% in 2023, 23% in 2024 and 16% in 2025 — the second best three-year win streak since 2000 . President Donald Trump cited the stock market's strength as a contributor to his soaring wealth after returning to office for a second term, following the release of a mandatory financial disclosure form last week . Read more CNBC personal finance coverage Trump Accounts for kids launch July 4: What parents need to know Trump administration’s limits on student loan forgiveness program are blocked Don't rely on AI for personal finance advice, study finds CNBC's Financial Advisor 100: Best financial advisors, top firms ranked CNBC Elite Advisors: Top ultra-high net worth wealth management firms for 2026 Meanwhile, "real" U.S. gross domestic product — a measure of economic output, after inflation — has decelerated from about 3.3% in 2023 to roughly 1.9% so far in 2026, Seydl said. To be sure, the stat...
Iain Tall/iStock Editorial via Getty Images Introduction After a longer absence, I'm taking a fresh look at prime defense contractor Northrop Grumman Corp. ( NOC ). I've last written about the company in January, discussing in particular why I do not necessarily view the then proposed $1.5 trillion defense budget for 2027 as a positive catalyst for the defense sector in general and Northrop Grumma...
Iain Tall/iStock Editorial via Getty Images Introduction After a longer absence, I'm taking a fresh look at prime defense contractor Northrop Grumman Corp. ( NOC ). I've last written about the company in January, discussing in particular why I do not necessarily view the then proposed $1.5 trillion defense budget for 2027 as a positive catalyst for the defense sector in general and Northrop Grumman in particular. NOC stock has performed like a rollercoaster in the first half of 2026, with its share price having advanced from roughly $550 to almost $800 amid the intervention in Venezuela and the start of the war in Iran. However, NOC has given up all of its gains in the meantime, but without any evident change in company-specific operating fundamentals. So, as a long-term investor, I'm asking myself whether it could make sense to opportunistically add to my still modest position. In this article, I'll reassess Northrop's fundamentals and give an update on the valuation of NOC stock. Since the company will report its second-quarter 2026 earnings on Tuesday, July 21 (9:30 AM ET), I'll also give an earnings preview and discuss what I'll be paying particular attention to. Northrop Grumman: Q2 Earnings Preview, What I'll Be Watching, And Why I Maintain A Constructive View On The Company The current analyst consensus for Q2 2026 adjusted EPS, according to Seeking Alpha , is $6.82 (-16% year-over-year), based on sales of $10.80 billion (+4.4% year-over-year). The expected decline in adjusted EPS is largely due to a difficult comparison stemming from a one-time benefit recorded in Q2 of 2025, when NOC booked the sale of its training services business to Serco Inc. Northrop Grumman has a mixed history in terms of meeting analyst estimates, but considering the explicit guidance for “high single-digit sequential sales growth” on the Q1 2026 earnings call , I believe management is pretty confident about near-term sales recognition. Incidentally, the current consensus of $10.80 b...
Palantir Technologies (NasdaqGS:PLTR) announced a multi-year, multimillion-dollar expansion with GNP Seguros, Mexico’s largest insurer. The deal marks Palantir’s first publicly disclosed commercial customer in Latin America across multiple insurance lines. Palantir also finalized an operating model with Rackspace to deploy its AI platforms in regulated and sovereign environments. The Rackspace par...
Palantir Technologies (NasdaqGS:PLTR) announced a multi-year, multimillion-dollar expansion with GNP Seguros, Mexico’s largest insurer. The deal marks Palantir’s first publicly disclosed commercial customer in Latin America across multiple insurance lines. Palantir also finalized an operating model with Rackspace to deploy its AI platforms in regulated and sovereign environments. The Rackspace partnership targets mission-critical sectors including healthcare, finance, and energy. Palantir...
(RTTNews) - Delta Air Lines, Inc. (DAL) reported Friday a profit for the second quarter that declined from last year, dragged by higher fuel costs, even as revenues grew 19 percent on broad demand strength and strong execution. The company said it delivered results above it guida
(RTTNews) - Delta Air Lines, Inc. (DAL) reported Friday a profit for the second quarter that declined from last year, dragged by higher fuel costs, even as revenues grew 19 percent on broad demand strength and strong execution. The company said it delivered results above it guida
Plane flew in circles while talks with family took place ‘The most expensive non-transfer we’ve ever made’ Jürgen Klopp has revealed the impressive lengths Liverpool went to in their attempts to sign a teenage Kylian Mbappé from Monaco. Liverpool were one of a number of top European clubs who tried to sign the forward when he emerged in a talented Monaco side that reached the Champions League semi...
Plane flew in circles while talks with family took place ‘The most expensive non-transfer we’ve ever made’ Jürgen Klopp has revealed the impressive lengths Liverpool went to in their attempts to sign a teenage Kylian Mbappé from Monaco. Liverpool were one of a number of top European clubs who tried to sign the forward when he emerged in a talented Monaco side that reached the Champions League semi-finals in 2016-17. He ultimately joined Paris Saint-Germain on loan in August 2017 before signing permanently for €180m the following year. Continue reading...
While the headlines are buzzing about Meta’s shiny new Muse Spark 1.1 AI model and its pivot to a paid developer model, Wall Street’s biggest bulls are actually focused on a much quieter, highly technical detail tucked away in an internal memo. The real reason shares are pushing higher is tied directly to the underlying math of Meta’s infrastructure, first brought to light by Reuters. The leak pro...
While the headlines are buzzing about Meta’s shiny new Muse Spark 1.1 AI model and its pivot to a paid developer model, Wall Street’s biggest bulls are actually focused on a much quieter, highly technical detail tucked away in an internal memo. The real reason shares are pushing higher is tied directly to the underlying math of Meta’s infrastructure, first brought to light by Reuters. The leak prompted BofA Securities analyst Justin Post to reiterate a Buy rating and an $835.00 price target on M
Western Metallica Resources ( WMS:CA ) has completed a share consolidation of its common shares on a 3-for-1 basis, effective as of July 10, 2026. The consolidation is intended to optimize its capital structure and enhance the long-term value for the shareholders. Additionally, the firm has completed its previously announced shares-for-debt transaction. The company issued an aggregate of 2.46M pos...
Western Metallica Resources ( WMS:CA ) has completed a share consolidation of its common shares on a 3-for-1 basis, effective as of July 10, 2026. The consolidation is intended to optimize its capital structure and enhance the long-term value for the shareholders. Additionally, the firm has completed its previously announced shares-for-debt transaction. The company issued an aggregate of 2.46M post-consolidation common shares at a deemed price of $0.15 each. The shares-for-debt transaction resulted in full and final settlement of outstanding indebtedness under the loan agreement and partial settlement of the outstanding indebtedness under the promissory note in the aggregate amount of $370,000. It was undertaken by the company to strengthen its balance sheet and to enhance financial flexibility for future growth initiatives. Following the completion of the transaction, the firm has 5.27M common shares issued and outstanding. Source: Press Release More on Western Metallica Resources Corp. Financial information for Western Metallica Resources Corp.