U.S. bank JPMorgan Chase & Co has become a substantial shareholder in Star Entertainment , an exchange filing showed, as shares of the embattled Australian casino operator have fallen sharply in last few years amid liquidity issues.
Liberty Star Uranium & Metals Corp. (OTC:LBSR), doing business as Liberty Star Minerals, is gaining traction in the market with its exploration program at the Red Rock Canyon Gold Project in Arizona. The recent release of high-grade gold assay results, coupled with the release of the company's first Geographic Information System (GIS) and 3D modeling map for Red Rock Canyon and a new financing package, have sparked a 25% surge in the company's stock over the past week.
Liberty Star Uranium & Metals Corp. (OTC:LBSR), dba Liberty Star Minerals announced it has entered into an equity financing agreement with GHS Investments to raise up to $10 million. In a statement Liberty Star said GHS Investments, a private investment group specializing in small-cap companies, aims to support Liberty Star in scaling its business.
Liberty Star Uranium & Metals Corp. (OTC:LBSR) (dba Liberty Star Minerals) announced promising high-grade gold assay results from its channel sampling program at the Red Rock Canyon Gold Project in Arizona. The latest assays from the project, part of the larger Hay Mountain Project in Cochise County, indicate significant near-surface gold mineralization, the company said in a statement.
Ubisoft Entertainment (OTC:UBSFF, EPA:UBI) shares crashed after the computer games developer issued a profit warning on the back of a difficult start for its Star Wars Outlaws game, also hitting the timing of its next big release. The French company, best known as the maker of Assassins Creed, said it now expects net bookings of around €1.95 billion, and "around break-even" in terms of profit and free cash flow, with net bookings for the second quarter standing around €350-370 million.
Value Investor's Edge Live continues with the latest episode focused on the dry bulk shipping sector. Star Bulk Carriers is the largest US-listed dry bulk owner, with a roughly $2.6B market capitalization.
India's Zee Entertainment on Wednesday refuted Disney -owned Star India's claim of damages worth $940 million for the termination of a cricket broadcasting agreement.
With Fed Chair Jerome Powell very clearly signaling a rate cut of at least 25 basis points ahead of hisSeptember 17 conference—and possible as high as 50—you can find no shortage of stock market bullsanticipating a flood of cheap money.
Maintaining our bullish rating on Star Group, shares have risen over $1 since Q3 earnings, signaling strong technicals with a golden cross formation. Q3 earnings showed growth in volumes and gross margin, leading to an improved adjusted EBITDA loss of $4 million. Despite above-average temperatures, Star Group's core fundamentals and profitability remain robust, unaffected by rising temperatures.
I have a buy rating on Star Bulk Carriers due to its strong financial position, attractive valuation, and high dividend yield. Despite mixed quarterly results, SBLK's revenue growth and liquidity position make it well-positioned to weather potential macro and industry-specific volatility. Key risks include economic weakness in China and potential geopolitical conflicts, which could pressure shipping rates and demand.
Shares in French video game maker Ubisoft fell on Tuesday for a second consecutive day following a sluggish performance of its two recent releases, including the long-awaited "Star Wars Outlaws".
French video game publisher Ubisoft Entertainment (OTC:UBSFF, EPA:UBI) has delivered a mid Star Wars game worthy of its mid investment thesis. In less contemporary parlance, Ubisoft's latest AAA title, the open world adventure game Star Wars: Outlaws have been met with average reviews that are unlikely to revitalise a repricing on the developer's shares.