10:58 AM EST, 12/12/2024 (MT Newswires) -- (Adds National Bank commentary in sixth paragraph) Cenovus Energy ( CVE ) on Thursday released its 2025 corporate guidance that envisions $4.6 billion to $5 billion in capital spending. The company expects to deliver upstream production of 805,000 barrels of oil equivalent per day (boe/d) to 845,000 boe/d, a 4% increase from 2024...

TURIN, Dec 12 (Reuters) - Stellantis ( STLA ) will be compliant with European Union targets for 2025 intermediate carbon reduction, aiming to increase electric vehicle (EV) sales or potentially to cut production of petrol vehicles, the company's European head said on Thursday. Jean-Philippe Imparato, who took up Europe's chief position in October, said the company has no intention of...

10:59 AM EST, 12/12/2024 (MT Newswires) -- Scilex ( SCLX ) said Thursday it has agreed to sell certain institutional investors common shares, pre-funded warrants and common warrants in a $17 million registered direct offering. The offering includes about 26.4 million shares, pre-funded warrants to purchase up to 2.4 million shares and common warrants to purchase up to 57.5 million...

Super Micro Computer Inc ( SMCI ) shares have surged 17% to $38.30 in the month of December following the results of an internal investigation by its Special Committee. The probe, conducted with legal and forensic experts, found no evidence of misconduct or fraud by management or the board. The review examined areas like rehiring practices, revenue recognition and export...