06:16 AM EST, 02/07/2025 (MT Newswires) -- Tenaz Energy ( ATUUF ) received an Outperform stock rating and $23 target price as National Bank of Canada initiated coverage of the company. The oil and gas sector has evolved into a sustainable capital allocation model amid lower leverage and focus on returning free cash flow to shareholders, the bank noted. Tenaz...

06:31 AM EST, 02/07/2025 (MT Newswires) -- McEwen Mining ( MUX ) said late Thursday that it priced a private placement offering of $95 million in convertible senior notes due 2030. The company said the initial conversion rate for the notes is 88.9284 shares per $1,000 principal amount of notes, which translates to an initial conversion price of about $11.25...

06:31 AM EST, 02/07/2025 (MT Newswires) -- Lockheed Martin ( LMT ) has agreed to pay $29.74 million to resolve False Claims Act allegations that it inflated pricing on F-35 military aircraft contracts by failing to disclose accurate cost data, the Department of Justice said late Thursday. The settlement is in addition to the $11.3 million the company previously repaid...

BERLIN (Reuters) - Volkswagen's SEAT, the Spanish subsidiary of Europe's largest carmaker, will be forced to cut output and lay off around 1,500 workers if the EU does not lower its tariff on the brand's China-made electric car by the end of March, its CEO told Reuters. Since October, when the European Union slapped tariffs on all China-made EVs sold...