Galiano Gold press release ( GAU ): Q1 Non-GAAP EPS of $0.11 misses by $0.01 . Revenue of $166.5M (+117.4% Y/Y) beats by $29M . Cash and cash equivalents of $114.9 million as of March 31, 2026 and no debt. Generated cash flow from operating activities of $46.7 million during Q1 2026, an 80% increase from Q1 2025. Adjusted EBITDA of $93.4 million during Q1 2026, an increase of 364% from Q1 2025. Mi...
Galiano Gold press release ( GAU ): Q1 Non-GAAP EPS of $0.11 misses by $0.01 . Revenue of $166.5M (+117.4% Y/Y) beats by $29M . Cash and cash equivalents of $114.9 million as of March 31, 2026 and no debt. Generated cash flow from operating activities of $46.7 million during Q1 2026, an 80% increase from Q1 2025. Adjusted EBITDA of $93.4 million during Q1 2026, an increase of 364% from Q1 2025. Mined 1.5 million tonnes ("Mt") of ore at an average mined grade of 0.9 grams per tonne ("g/t") gold with a strip ratio of 6.0:1. Approximately 70% of mined ore was from the Abore deposit. 1.3 Mt of ore was milled at an average feed grade of 0.9 g/t, with metallurgical recovery averaging 90%. Mill availability during Q1 2026 was 89% due to a planned 5-day maintenance shutdown. Produced 34,747 ounces of gold, a 68% increase compared to Q1 2025, and in line with the Company's first half indicative production range. Sold 34,181 ounces of gold at a record quarterly average price of $4,857 per ounce ("/oz"), excluding the effect of realized losses on gold hedging instruments. All-in sustaining costs ("AISC") of $2,361/oz, a 6% decrease compared to Q1 2025 despite higher royalties expense. FY 2026 AISC 1 guidance has been revised to between $2,300/oz and $2,600/oz (previously $2,000/oz and $2,300/oz), resulting from the amendment to Ghana's royalty framework. More on Galiano Gold Inc. Galiano Gold: From Weak Quarter To Early Recovery Signals Galiano Gold Inc. 2025 Q4 - Results - Earnings Call Presentation Galiano Gold Inc. (GAU:CA) Q4 2025 Earnings Call Transcript Galiano Gold Q1 2026 Earnings Preview Historical earnings data for Galiano Gold Inc.
(RTTNews) - Air New Zealand (AIZ.AX) issued an update on fiscal 2026 outlook, reflecting the significant impact of elevated and volatile global jet fuel prices. Air New Zealand now expects its second half fuel cost to be approximately NZ$980 million, compared with approximately N
(RTTNews) - Air New Zealand (AIZ.AX) issued an update on fiscal 2026 outlook, reflecting the significant impact of elevated and volatile global jet fuel prices. Air New Zealand now expects its second half fuel cost to be approximately NZ$980 million, compared with approximately N
AI chipmaker Cerebras Systems ( CBRS ) raised $5.55B in its U.S. initial public offering, capitalizing on booming investor demand for artificial intelligence semiconductors. The company priced its shares at $185 each, above the marketed range, according to a statement . Cerebras had offered 30M shares in the IPO for $150 to $160 each, after revising the range and number of shares higher on Monday....
AI chipmaker Cerebras Systems ( CBRS ) raised $5.55B in its U.S. initial public offering, capitalizing on booming investor demand for artificial intelligence semiconductors. The company priced its shares at $185 each, above the marketed range, according to a statement . Cerebras had offered 30M shares in the IPO for $150 to $160 each, after revising the range and number of shares higher on Monday. The shares are expected to begin trading on Nasdaq on May 14, 2026, under the ticker symbol “CBRS.” The offering is expected to close on May 15, 2026. Earlier Wednesday, Bloomberg reported that Arm Holdings ( ARM ) and its majority owner Softbank Group ( SFTBY ), made an offer to purchase AI computing firm Cerebras Systems ( CBRS ) weeks before its planned initial public offering. More on Cerebras Systems Inc. Wall Street Brunch: IPOs Headline The Week's Show Wall Street Lunch: AI Chipmaker Seeks $3.5B In IPO, Eyes $26.5B Valuation Cerebras: Trying To Disrupt Nvidia's Inference Monopoly AI chipmaker Cerebras set to price IPO at $185/share: report Arm, Softbank made last-ditch effort to buy Cerebras before IPO - report
Get up to speed with key market intelligence, news and insight before trading starts each day in this fast-growing economy with the Markets Daily India newsletter. Sign up here . Bank of Baroda , one of India’s biggest lenders, aims to double its balance sheet over the next five years by capitalizing on the country’s strong economic growth, expanding fee-based businesses and deepening its presence...
Get up to speed with key market intelligence, news and insight before trading starts each day in this fast-growing economy with the Markets Daily India newsletter. Sign up here . Bank of Baroda , one of India’s biggest lenders, aims to double its balance sheet over the next five years by capitalizing on the country’s strong economic growth, expanding fee-based businesses and deepening its presence overseas. Debadatta Chand , chief executive officer of the bank, which absorbed two state-run lenders in 2019, said larger balance sheets will be crucial as lenders look to compete globally. “If India wants globally competitive banks, scale and capital base are very important,” he said in an interview. “There are advantages to consolidation.” Authorities have been discussing options to create large state banks in Asia’s third-largest economy in order to finance big infrastructure and industrial projects. Prime Minister Narendra Modi has set a target to transform India into a developed economy by 2047. Currently, only State Bank of India , the country’s biggest lender, and private sector leader HDFC Bank Ltd. rank in the top 100 global sector list by total assets. China and the US have rivals among the 10 biggest, data compiled by Bloomberg showed. Read More: India’s Biggest Lender Backs Another Wave of Bank Mergers Indian banks have grown their balance sheets rapidly since the Covid-19 pandemic, supported by strong deposit inflows, rebounding credit demand and infrastructure spending in the world’s fastest-growing economy. Bank of Baroda, the second-largest state-owned lender, has expanded its total assets by nearly 75% to 21 trillion rupees ($219 billion) as of March-end over the last five years. That compares with a near-72% growth at State Bank of India and roughly 57% at third-ranked state-owned rival Punjab National Bank . The bank, founded by a king in 1908 in the western part of India, has a reasonably strong global footprint, serving over 183 million customers acro...
jabkitticha/iStock via Getty Images Quarterly Snapshot Performance The Strategy declined 0.52% (net of fees) and the Russell 3000 Index declined 3.96%. Key Drivers Both stock selection and an overweight to industrials as well as our underweight to information technology were the primary drivers of outperformance during the quarter while financials were the largest relative negative. Summary The co...
jabkitticha/iStock via Getty Images Quarterly Snapshot Performance The Strategy declined 0.52% (net of fees) and the Russell 3000 Index declined 3.96%. Key Drivers Both stock selection and an overweight to industrials as well as our underweight to information technology were the primary drivers of outperformance during the quarter while financials were the largest relative negative. Summary The conflict in the Middle East is creating elevated near-term uncertainty, and we continue to evaluate the war's broad economic impacts. We continue to find attractive opportunities among large-cap, high-quality, cash-generative, more defensive businesses. Market and portfolio review Broad US equity markets declined during the quarter, with the Russell 3000 falling 3.96%, while performance across the cap spectrum was mixed. Small- and mid-cap stocks held up relatively better, with the Russell 2000 and Russell Midcap returning 0.89% and 1.29%, respectively, while large caps lagged meaningfully (-4.18%). Despite a sharp selloff in March, smaller capitalization stocks have maintained their relative outperformance year to date. The quarter was characterized by increased volatility driven by a combination of geopolitical developments and evolving expectations around artificial intelligence (AI). Escalating tensions in the Middle East and the associated rise in oil prices added to macro uncertainty, while ongoing debate around AI's long-term implications — particularly disruption risks — continued to influence market leadership. From a sector perspective, energy was far and away the best-performing sector, advancing 38% as oil prices rose sharply due to supply concerns following the closure of the Strait of Hormuz. Materials followed in a distant second (+9.5%). Financials (-9.0%), information technology (-9.1%) and consumer discretionary (-9.1%) were nearly tied as the worst-performing sectors in the quarter. Although our overall underweight to the information technology sector was a...