A Romanian political crisis is once again testing the country’s managed float currency regime, with the central bank allowing the leu to weaken to record lows this week. The leu slid 0.8% against the euro on Tuesday — one of the biggest drops among emerging-market currencies — as lawmakers voted to bring down the administration of Prime Minister Ilie Bolojan following coalition clashes over painfu...
A Romanian political crisis is once again testing the country’s managed float currency regime, with the central bank allowing the leu to weaken to record lows this week. The leu slid 0.8% against the euro on Tuesday — one of the biggest drops among emerging-market currencies — as lawmakers voted to bring down the administration of Prime Minister Ilie Bolojan following coalition clashes over painful austerity measures. A year ago, the central bank also let the leu drop during turmoil surrounding a presidential election. Unlike many of its east European peers that allow currency flexibility, Romania keeps the leu in an unspecified trading band against the euro. The authorities view this additional stability as an anchor that prevented inflation from rising further last year, when residents struggled with budget cuts aimed at reducing the EU’s widest fiscal gap. Still, the collapse of Romania’s cabinet at a time the country faces growth and inflation headwinds puts the central bank in a bind regarding the leu. Letting the currency depreciate may be its best short-term option, according to Piotr Matys , a strategist at In Touch Capital Markets. “Inflationary pressures are accumulating, being fueled not only by the energy shock caused by the Iran conflict but also by a weaker leu,” said Matys. If downward pressure on the leu prevails, however, “interventions can be costly and unsustainable,” which could push the central bank to “seriously consider” raising interest rates, he said. The leu has lost 2.7% to the euro over the past two weeks, plunging past levels which in the past would be seen triggering central bank sales of foreign currency. The National Bank of Romania doesn’t publish information about its activities on the foreign-exchange market and has repeatedly declined to comment on the matter. Governor Mugur Isarescu has said that he prefers currency stability within a certain, undisclosed range, considering it a key psychological indicator for residents about the...
Indian Prime Minister Narendra Modi is set to meet Vietnam President To Lam in New Delhi on Wednesday, with the two Asian nations looking to strengthen economic and defense ties while tensions persist in the Middle East. The visit is Lam’s second overseas trip since securing the presidency last month, and he is accompanied by key ministers and a business delegation. He met India’s National Securit...
Indian Prime Minister Narendra Modi is set to meet Vietnam President To Lam in New Delhi on Wednesday, with the two Asian nations looking to strengthen economic and defense ties while tensions persist in the Middle East. The visit is Lam’s second overseas trip since securing the presidency last month, and he is accompanied by key ministers and a business delegation. He met India’s National Security Adviser Ajit Doval on Tuesday, and the two sides agreed to expand cooperation in areas such as security, artificial intelligence, digital transformation, innovation and energy, according to a statement on the Vietnamese government’s website. Both countries are seeking to deepen regional ties as relations with Washington remain unpredictable under the Trump administration and the Iran war continues to disrupt trade with the Middle East. Lam, who is also General Secretary, visits just weeks after South Korea’s president traveled to India to strengthen cooperation. Vietnam is seen as a key partner in India’s “Act East” policy, underpinned by growing defense and economic ties, while the South Asian country is Vietnam’s eighth largest trade partner. Bilateral trade has doubled to about $16 billion over the past decade. Indian companies have invested in 473 projects in Vietnam with a total registered capital of $1.1 billion. Vietnamese investment in India has also accelerated, highlighted by VinFast ’s electric vehicle factory in Tamil Nadu state and Vingroup ’s plan to invest about $6.5 billion in Maharashtra state. Defense cooperation has increased in recent years through expanded maritime cooperation, joint exercises and capacity-building support. The Indian Navy transferred the indigenously-built missile corvette INS Kirpan to Vietnam in 2023. The Southeast Asian country is also seeing record numbers of Indian tourists , with arrivals surging 50% to about 746,000 last year as expanded flight connections boost travel demand.
Zhang Fei, general manager of the new business development department for LinkedIn’s talent solutions in China. Chinese companies expanding overseas are having trouble recruiting local frontline sales and compliance professionals as they struggle to market themselves to desired job seekers, according to an executive at LinkedIn. The situation highlights the need to change China’s corporate globali...
Zhang Fei, general manager of the new business development department for LinkedIn’s talent solutions in China. Chinese companies expanding overseas are having trouble recruiting local frontline sales and compliance professionals as they struggle to market themselves to desired job seekers, according to an executive at LinkedIn. The situation highlights the need to change China’s corporate globalization strategy, where businesses are moving away from simply exporting products or dispatching domestic staff to attempting to build fully localized operations amid an increasingly complex geopolitical and trade environment.
ADENTRA press release ( HDIUF ): Q1 sales of $562.7 million (C$771.8 million), reflecting organic growth of $20.1 million, or 3.7% from $542.5 million (C$778.6 million). Gross margin of 20.2% down 140 bps from 21.6%, with product mix headwinds expected to normalize. Adjusted EBITDA of $38.3 million (C$52.6 million), down 4.1% from $40.0 million (C$57.4 million). Adjusted basic earnings per share o...
ADENTRA press release ( HDIUF ): Q1 sales of $562.7 million (C$771.8 million), reflecting organic growth of $20.1 million, or 3.7% from $542.5 million (C$778.6 million). Gross margin of 20.2% down 140 bps from 21.6%, with product mix headwinds expected to normalize. Adjusted EBITDA of $38.3 million (C$52.6 million), down 4.1% from $40.0 million (C$57.4 million). Adjusted basic earnings per share of $0.38 (C$0.52), compared to $0.42 (C$0.60) per share. More on ADENTRA ADENTRA Inc. (ADEN:CA) Q4 2025 Earnings Call Transcript Historical earnings data for ADENTRA Dividend scorecard for ADENTRA Financial information for ADENTRA
Stock traders have turned risk-on, as President Trump signaled progress towards a final Iran deal, which added to the momentum from a tech-led rally. Mehvish Ayub, Bank of Singapore’s Head of Managed Solutions Advisory spoke to Bloomberg’s Horizons Middle East & Africa anchor Joumanna Bercetche about the latest market sentiment. (Source: Bloomberg)
Stock traders have turned risk-on, as President Trump signaled progress towards a final Iran deal, which added to the momentum from a tech-led rally. Mehvish Ayub, Bank of Singapore’s Head of Managed Solutions Advisory spoke to Bloomberg’s Horizons Middle East & Africa anchor Joumanna Bercetche about the latest market sentiment. (Source: Bloomberg)
Sienna Senior Living press release ( LWSCF ): Q1 Adjusted Funds from Operations increased by 45.1% year-over-year, or by 23.5% on a per share basis, in Q1 2026. Average Same Property Occupancy in the retirement segment up 180 basis points (“bps”) year over year, to 94.7% in Q1 2026. Same Property Net Operating Income up 7.9% year-over-year to $47.4 million in Q1 2026. More on Sienna Senior Living ...
Sienna Senior Living press release ( LWSCF ): Q1 Adjusted Funds from Operations increased by 45.1% year-over-year, or by 23.5% on a per share basis, in Q1 2026. Average Same Property Occupancy in the retirement segment up 180 basis points (“bps”) year over year, to 94.7% in Q1 2026. Same Property Net Operating Income up 7.9% year-over-year to $47.4 million in Q1 2026. More on Sienna Senior Living Sienna Senior Living Inc. (SIA:CA) Q4 2025 Earnings Call Transcript Sienna Senior Living Inc. 2025 Q4 - Results - Earnings Call Presentation Historical earnings data for Sienna Senior Living Dividend scorecard for Sienna Senior Living Financial information for Sienna Senior Living
Timbercreek Financial press release ( TBCRF ): Q1 net investment income of $25.1 million compared to $28.6 million in Q1 2025. Distributable income of $14.5 million ($0.18 per share) compared with $15.4 million ($0.19 per share) in Q1 2025. The company had a strong Q1 2026 for originations, advancing $224.2 million in new net mortgages and existing net mortgages. This drove an increase in the net ...
Timbercreek Financial press release ( TBCRF ): Q1 net investment income of $25.1 million compared to $28.6 million in Q1 2025. Distributable income of $14.5 million ($0.18 per share) compared with $15.4 million ($0.19 per share) in Q1 2025. The company had a strong Q1 2026 for originations, advancing $224.2 million in new net mortgages and existing net mortgages. This drove an increase in the net mortgage portfolio of $160.9 million, or 14.9% year-over-year, to $1,240.1 million and was consistent with Q4 2025. Timbercreek expects this increased funding momentum to continue during 2026, focused on multi-family opportunities across its target markets. More on Timbercreek Financial Corp. Timbercreek Financial Corp. 2025 Q4 - Results - Earnings Call Presentation Timbercreek Financial Corp. (TF:CA) Q4 2025 Earnings Call Transcript Historical earnings data for Timbercreek Financial Corp. Dividend scorecard for Timbercreek Financial Corp. Financial information for Timbercreek Financial Corp.
BlackJack3D/E+ via Getty Images Halozyme ( HALO ) is not just another ENHANZE royalty story, but a growing subcutaneous drug delivery business. While royalty stories are subject to the usual risks (patent duration, partner concentration, product cycle) we expect from royalty-based businesses, an infrastructure business model like Halozyme's has multiple delivery technologies across multiple partne...
BlackJack3D/E+ via Getty Images Halozyme ( HALO ) is not just another ENHANZE royalty story, but a growing subcutaneous drug delivery business. While royalty stories are subject to the usual risks (patent duration, partner concentration, product cycle) we expect from royalty-based businesses, an infrastructure business model like Halozyme's has multiple delivery technologies across multiple partner pipelines and several different mechanisms by which large pharma companies can protect their biologic franchises. Halozyme isn't out to find the next big-selling drug. Halozyme wants to be the "toll collector" where pharma will have to pay to transition its current long, inconvenient IV biologics to subcutaneously administered biologics that require less clinic time and could potentially be administered at home. While I believe the rapid growth in royalties in 2025 was very positive, I think what is even more important is that management took that cash flow generated and expanded the number of royalty-bearing technologies to three. Latest Financials Halozyme's most recent full-year reported financials are for Q4 and FY 2025 . In total, for FY 2025, Halozyme generated $1.3966 billion in revenue up 38% over FY 2024. More importantly, royalty revenue increased by 52% to $867.8 million. Royalty revenue is the metric I care about most because it provides the cleanest picture of how many partner products enabled with ENHANZE technology have been adopted and royalty revenues require less capital expenditures than traditional pharmaceutical product development. Q4 2025 revenue from all sources grew by 52% over Q4 2024 to $451.8 million. Q4 2025 royalty revenue grew by 51% to $258.0 million. However, Halozyme reported a net loss of $141.6 million in Q4 due to $284.9 million in acquired-in-process R&D expense relating to Surf Bio. Instead management pulled forward strategic investments into technology that can extend the royalty curve well beyond the current cycle of ENHANZE. ir.ha...
MGE Energy press release ( MGEE ): Q1 GAAP EPS of $1.32. Revenue of $242.7M (+10.8% Y/Y). Electric segment earnings increased $5.5 million for 2026 compared to 2025. More on MGE Energy MGE Energy: The Buy Zone Is Now Approaching OKLO, OTTR draw highest short interest in utilities sector; BIP and MGEE see lowest short interest Seeking Alpha’s Quant Rating on MGE Energy Historical earnings data for ...
MGE Energy press release ( MGEE ): Q1 GAAP EPS of $1.32. Revenue of $242.7M (+10.8% Y/Y). Electric segment earnings increased $5.5 million for 2026 compared to 2025. More on MGE Energy MGE Energy: The Buy Zone Is Now Approaching OKLO, OTTR draw highest short interest in utilities sector; BIP and MGEE see lowest short interest Seeking Alpha’s Quant Rating on MGE Energy Historical earnings data for MGE Energy Dividend scorecard for MGE Energy
Earnings Call Insights: LeMaitre Vascular (LMAT) Q1 2026 Management View CEO George LeMaitre opened with, "Q1 featured 11% sales growth, a 72.7% gross margin and 42% EPS growth," and added that "Artegraft has become our largest product," with Q1 record sales across geographies and several product lines. On Artegraft, CEO LeMaitre said, "Worldwide Artegraft sales grew 36% in Q1," reported "Internat...
Earnings Call Insights: LeMaitre Vascular (LMAT) Q1 2026 Management View CEO George LeMaitre opened with, "Q1 featured 11% sales growth, a 72.7% gross margin and 42% EPS growth," and added that "Artegraft has become our largest product," with Q1 record sales across geographies and several product lines. On Artegraft, CEO LeMaitre said, "Worldwide Artegraft sales grew 36% in Q1," reported "International Artegraft sales in Q1 were $2.1 million," and reiterated, "we expect 2026 sales to be $10 million versus $4 million in 2025," while outlining three growth levers: more international approvals, longer lengths for leg bypass, and pursuing Quick Stick AV access claims. CFO Dorian LeBlanc said, "Organic sales growth of 10% over Q1 2025 was driven by average selling price increases of 8% and unit growth of 2%," and added, "Excluding distribution, direct sales grew 12.8% organically, comprised of 8.4% price and 4.4% units." On profitability and cash, CFO LeBlanc said, "Q1 2026 operating income increased 41% year-over-year to $17.8 million, with an operating margin of 27% compared to 21% in Q1 2025," and "Fully diluted earnings per share were $0.68, up 42%." President David Roberts highlighted M&A posture: "we're out hunting. We're active. We've put out 2 or 3 term sheets so far this year," adding the focus remains "open vascular" and "cardiac surgery" with a revenue sweet spot of "$15 million to $150 million." Outlook Q2 revenue guidance of $71.5 million vs. $71.409 million (analysts estimate); the company did not provide Q2 EPS guidance in the transcript. CFO LeBlanc said, "We are affirming our full year revenue guidance of $280 million, representing 12% organic growth," and added, "We are also increasing annual guidance for diluted earnings per share to $3 or 26% growth from adjusted 2025." Compared with the prior quarter’s call, management raised full-year EPS guidance (from $2.91 to $3), raised gross margin guidance (from 72.1% to 72.3%), and raised operating income gui...
A group of 13 Australians related to alleged Islamic State (Isis) jihadists is returning home from Syria, Australian authorities said on Wednesday, warning some will face arrest. The four women and nine children, who had been living in Roj camp in Syria, are expected to land in Sydney and Melbourne airports on Thursday, according to local media. Home Affairs Minister Tony Burke said he received an...
A group of 13 Australians related to alleged Islamic State (Isis) jihadists is returning home from Syria, Australian authorities said on Wednesday, warning some will face arrest. The four women and nine children, who had been living in Roj camp in Syria, are expected to land in Sydney and Melbourne airports on Thursday, according to local media. Home Affairs Minister Tony Burke said he received an alert on Wednesday morning when the group’s travel booking was made. “The government is not...
Greenfire Resources press release ( GFR ): Q1 gross loss was $80.7 million, compared with gross profit of $27.1 million in the prior quarter and $34.4 million a year earlier. Production in Q1 2026 averaged 8,766 bbls/d, reflecting an 11% decrease from the previous quarter. Bitumen production of 14,719 bbls/d. Adjusted free cash flow deficit of $25.1 million More on Greenfire Resources Greenfire Re...
Greenfire Resources press release ( GFR ): Q1 gross loss was $80.7 million, compared with gross profit of $27.1 million in the prior quarter and $34.4 million a year earlier. Production in Q1 2026 averaged 8,766 bbls/d, reflecting an 11% decrease from the previous quarter. Bitumen production of 14,719 bbls/d. Adjusted free cash flow deficit of $25.1 million More on Greenfire Resources Greenfire Resources reports Q4 results; lowers FY26 outlook Seeking Alpha’s Quant Rating on Greenfire Resources Historical earnings data for Greenfire Resources Financial information for Greenfire Resources
Equinor press release ( EQNR ): Q1 Non-GAAP EPS of $1.48 beats by $0.11 . Revenue of $27.84B (-7.0% Y/Y) misses by $1.46B . Equinor delivered record high production in the first quarter, with a total equity production of 2,313 mboe per day, up 9% from 2,123 mboe per day in the same quarter last year. The total power generation was 1.39 TWh. Cash flow from operations after taxes paid ended at USD 6...
Equinor press release ( EQNR ): Q1 Non-GAAP EPS of $1.48 beats by $0.11 . Revenue of $27.84B (-7.0% Y/Y) misses by $1.46B . Equinor delivered record high production in the first quarter, with a total equity production of 2,313 mboe per day, up 9% from 2,123 mboe per day in the same quarter last year. The total power generation was 1.39 TWh. Cash flow from operations after taxes paid ended at USD 6.02 billion. Organic capital expenditure was USD 3.04 billion and total capital expenditures were USD 4.28 billion. The net debt to capital employed adjusted ratio was 15.3% at the end of the first quarter, compared to 17.8% last quarter. The board of directors has decided a cash dividend of USD 0.39 per share for the first quarter of 2026. The expected share buy-back programme for 2026 is up to USD 1.5 billion. The board has decided to initiate a second tranche of the share buy-back programme for 2026 of up to USD 375 million. Outlook: Organic capital expenditures are estimated at around USD 13 billion for 2026. Oil & gas production for 2026 is estimated to grow around 3% compared to 2025 level. Equinor’s ambition is to keep the unit of production cost in the top quartile of its peer group. Scheduled maintenance activity is estimated to reduce equity production by around 35 mboe per day for the full year of 2026. More on Equinor Equinor: My New Buy Target Is $35/Share, Taking Profits At Over $45 Equinor: Earnings May Disappoint (Rating Downgrade) Equinor: Trading The Iran War Effect Should Not Distract From The Positive Fundamentals Equinor Q1 2026 Earnings Preview Equinor reduces stake in solar firm Scatec to 8% in $169M sale
The yen rallied as much as 1.8% against the dollar, building upon gains triggered when Japanese officials intervened in markets to prop up their currency on April 30. Japan’s currency rose as high as 155.04 per dollar in Asia trading on Wednesday. The government intervened in the currency market in late April for the first time since 2024, causing the yen to jump as much as 3% in intraday trading....
The yen rallied as much as 1.8% against the dollar, building upon gains triggered when Japanese officials intervened in markets to prop up their currency on April 30. Japan’s currency rose as high as 155.04 per dollar in Asia trading on Wednesday. The government intervened in the currency market in late April for the first time since 2024, causing the yen to jump as much as 3% in intraday trading. While Japanese officials have declined to comment directly on whether authorities intervened, people familiar with the matter have said it took place and analysis of BOJ accounts indicates that it likely spend around $34.5 billion. “Dollar-yen gapping lower has all the marks of intervention,” said Rodrigo Catril , a strategist National Australia Bank. “Price action in recent days reinforces the view that the MOF in Japan is keen to prevent a move toward 160 in yen, while also seeking to disincentivize speculators to take on the yen” The Finance Ministry did not immediately respond to a request for comment outside regular working hours on a national holiday. Goldman Sachs Group Inc. analysts said that Japan has the firepower to intervene 30 times in currency markets at last week’s scale, though officials are expected to conserve their reserves and step in at more effective moments. Japanese authorities spent a total of around $100 billion in buying yen several times in 2024 after the currency tumbled to around 160.17. Additional steps were taken on days when the yen reached 157.99, 161.76 and 159.45. There has been speculative trading in currency markets for a while, Japanese Finance Minister Satsuki Katayama said on Monday.