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NYSE Content Advisory: Pre-Market update + KPMG hosts IPO Bootcamp at NYSE

NYSE Content Advisory: Pre-Market update + KPMG hosts IPO Bootcamp at NYSE

Cision Canada09-06-2025
NEW YORK, June 9, 2025 /CNW/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins.
delivers the pre-market update on June 9th
Equities are little changed entering Monday after the S&P 500 finished 2.4% from a record on Friday. A busy week ahead can impact stocks, including today's expected meeting in London between U.S. & Chinese officials
Inflation data on Wednesday is expected to show consumer prices rose 0.2% in May from April. Economists estimate they were up 2.5% from the same time a year ago. June consumer sentiment on Friday will also include inflation expectations.
KPMG will host its annual IPO Bootcamp today at the NYSE. The program offers key insights into the IPO process and capital market trends. Executives across industries will share experiences and strategies for a successful market transition.
Opening Bell
Lionsgate Studios (NYSE: LION) celebrates its listing as a standalone, pure-play content company
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Media advisory - Canada and Sweden advance their collaboration Français
Media advisory - Canada and Sweden advance their collaboration Français

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Media advisory - Canada and Sweden advance their collaboration Français

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ZYUS Life Sciences Announces Closing of Second Tranche of Unit Offering
ZYUS Life Sciences Announces Closing of Second Tranche of Unit Offering

Cision Canada

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  • Cision Canada

ZYUS Life Sciences Announces Closing of Second Tranche of Unit Offering

SASKATOON, SK, Aug. 15, 2025 /CNW/ - ZYUS Life Sciences Corporation (the " Company") (TSXV: ZYUS), a Canadian-based life sciences company focused on the development and commercialization of novel cannabinoid-based pharmaceutical drug candidates for pain management, is pleased to announce that, further to its press release dated July 29, 2025, it has closed the second tranche (the " Second Tranche") of its non-brokered private placement (the " Offering") of units of the Company (each a " Unit") for up to CAD $1,000,000. Under the Second Tranche of the Offering, a further 140,845 Units were issued for aggregate gross proceeds of CAD $100,000. The aggregate gross proceeds raised in the Second Tranche and first tranche of the Offering (which closed on July 29, 2025) (the " First Tranche") is approximately $0.42 million. The Company has issued a total of 591,126 Units each priced at $0.71 per Unit in the First Tranche and the Second Tranche. 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The Units were offered by way of private placement pursuant to exemptions from prospectus requirements under applicable securities laws. All securities issued under the First Tranche are subject to a hold period expiring November 30, 2025, and all securities issued under the Second Tranche of the Offering are subject to a hold period expiring December 16, 2025, in accordance with applicable securities laws and the policies of the TSXV. The Offering has received conditional approval from the TSXV and remains subject to final acceptance of the TSXV. 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Readers are cautioned not to place undue reliance on forward-looking statements. Statements about, among other things, the Company's business, the Company's ability to advance clinical research activities, obtain regulatory approval of cannabinoid-based pharmaceutical drug candidates and introduce products that act as alternatives to current pain management therapies such as opioids, obtain TSXV final acceptance, closing of any additional tranche of the Offering and use of proceeds from the Offering are all forward-looking information. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, there can be no assurance that the Company will be able to achieve these results. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances or actual results unless required by applicable law. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.

Retail Earnings Loom: What Can Investors Expect?
Retail Earnings Loom: What Can Investors Expect?

Globe and Mail

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  • Globe and Mail

Retail Earnings Loom: What Can Investors Expect?

Walmart WMT shares have been standout performers this year, handily outperforming not just the broader market indexes and peers like Target TGT but also the likes of Amazon AMZN and many members of the Magnificent 7 group. With the company on deck to report quarterly results on Thursday, August 21 st, it will be interesting to see if the stock can maintain its momentum after the results. The chart below shows the year-to-date performance of Walmart shares (green line, up +11.7%) relative to the Mag 7 group (blue line, up +15.6%), the S&P 500 index (red line, up +9.9%), Amazon (orange line, up +5.3%) and Target shares (bottom line in the chart, down -22.8%). We have also added Home Depot (HD) to the chart, as the home improvement retailer is also reporting results on Tuesday, August 19 th. We should keep in mind, however, that the performance pecking order shifts once the starting point of this chart shifts to April 8 th, when the market bottomed following the tariff-induced sell-off. While Target and Home Depot are laggards in the market's rebound from the April 8 th lows as well, Walmart lags behind the Mag 7, Amazon, and the S&P 500 index in that time period, as the chart below shows. Walmart shares' relatively subdued performance in the market's rebound from the April 8 lows reflects the company's low-beta status and defensive orientation. Today's Walmart has a big and growing digital operation, but the company's merchandise continues to be heavily indexed towards groceries and other essential and must-have necessities. This orientation towards essentials, coupled with Walmart's well-earned reputation for low prices, provides the company's results with a high degree of cyclical stability, hence the stock's defensive attributes. We should note, however, that a big contributing factor to Walmart's stock market momentum over the last few years reflects its ability to gain market share among higher-income households. Driving those gains has been a combination of higher-income households trading down to Walmart in response to the effects of inflation and also the ease of using the company's e-commerce abilities. Walmart has consistently reported market share gains across all income categories in recent quarterly releases, particularly in the high-income category. We expect further gains on that front in this quarterly report as well. Results likely benefited from pulled-forward demand in anticipation of tariffs, particularly in specific categories, such as electronics. Growth in e-commerce and steadily lower losses in that business, coupled with gains from third-party fulfillment and advertising, are some of the other areas that will benefit results this quarter. The e-commerce business in the U.S. is now profitable, and management views it as a significant contributor to earnings for the year. E-commerce accounts for an estimated 15% of total ex-gasoline sales at present, which management expects to eventually increase to more than double that level over time. Concerning tariffs, management noted earlier in the year that roughly two-thirds of U.S. sales were from domestically-sourced products, which gave them a degree of insulation from the tariffs issue compared to others. A significant part of this is Walmart's grocery business, which accounts for almost 60% of its sales, unlike Target, where groceries make up a much smaller portion of the revenue mix. Management has reiterated its commitment to maintaining a price advantage over rivals, a function of Walmart's size, the nature of its supplier relationships, and the increasing automation of its logistical operations. Walmart's value orientation and well-executed digital strategy have been key to gaining grocery market share by attracting higher-income households. Management has acknowledged some near-term challenges as a result of the uncertain macroeconomic environment; however, they remain confident of achieving their long-term plans and targets, including sales growth of at least +4% and operating income growth in excess of the sales growth pace. Walmart has consistently exceeded its targets over the last two years, with sales increasing by +5.5% and operating income rising by +9.5%. Walmart is expected to report $0.73 in EPS on $175.51 billion in revenues, representing a year-over-year change of +8.9% and +3.6%, respectively. Estimates have remained stable, although they have increased modestly since the quarter began. In terms of same-store sales, the expectation is of U.S. comps (ex-fuel) of +4.17%, which will compare to a +4.8% gain in the preceding quarter (vs. expectations of +4%) and a +4.3% gain in the year-earlier period (vs. expectations of +3.65%). A positive general merchandise read will also have positive read-throughs for Target. Same-store sales at Target are expected to decline -3.03% when it reports results on Wednesday, August 20 th. Target comps declined -3.80% in the preceding quarter (vs. expectations of -1.91%) and the year-earlier period of +2% (vs. expectations of +1.23%). With respect to the Retail sector 2025 Q2 earnings season scorecard, we now have results from 21 of the 32 retailers in the S&P 500 index. Regular readers know that Zacks has a dedicated stand-alone economic sector for the retail space, which is unlike the placement of the space in the Consumer Staples and Consumer Discretionary sectors in the Standard & Poor's standard industry classification. The Zacks Retail sector includes not only Walmart, Target, and other traditional retailers, but also online vendors like Amazon AMZN and restaurant players. The 21 Zacks Retail companies in the S&P 500 index that have reported Q2 results already belong mostly to the ecommerce and restaurant industries, though we have several restaurant companies on deck to report results this week as well. Total Q2 earnings for these 21 retailers that have reported are up +20.5% from the same period last year on +8.7% higher revenues, with 81% beating EPS estimates and an equal proportion beating revenue estimates. The comparison charts below put the Q2 beats percentages for these retailers in a historical context. As you can see above, the EPS and revenue beats percentages for these online players and restaurant operators are tracking significantly above the historical averages for this group of companies, with the variance particularly notable on the revenues side. With respect to the elevated earnings growth rate at this stage, we like to show the group's performance with and without Amazon, whose results are among the 21 companies that have reported already. As we know, Amazon's Q2 earnings were up +37.9% on +13.3% higher revenues, as it beat EPS and top- line expectations. As we all know, digital and brick-and-mortar operators have been converging for some time now, with Amazon now a sizable brick-and-mortar operator after acquiring Whole Foods, and Walmart a growing online vendor. As we noted in the context of discussing Walmart's coming results, the retailer is steadily becoming a big advertising player, thanks to its growing digital business. This long-standing trend received a significant boost from the COVID-19 lockdowns. The two comparison charts below show the Q2 earnings and revenue growth relative to other recent periods, both with Amazon's results (left side chart) and without Amazon's numbers (right side chart) As you can see above, earnings for the group outside of Amazon are up +2.3% on a +5.3% top-line gain, which represents a notable improvement from what we have seen from this ex-Amazon group in other recent periods. Key Earnings Reports This Week We have more than 100 companies on deck to report results this week, including 15 S&P 500 members. In addition to Walmart, Target, Home Depot, and Lowe's, other notable companies reporting this week include Palo Alto Networks, Toll Brothers, Estee Lauder, and others. The Q2 Earnings Scorecard Through Friday, August 15 th, we have seen Q2 results from 462 S&P 500 members or 92.4% of the index's total membership. Total earnings for these 462 index members are up +11.4% from the same period last year on +5.8% revenue gains, with 80.5% of the companies beating EPS estimates and 78.8% beating revenue estimates. The comparison charts below put the Q2 earnings and revenue growth rates for these index members in a historical context. The comparison charts below put the Q2 EPS and revenue beats percentages in a historical context. As you can see here, the EPS and revenue beats percentages are tracking above historical averages, with the Q2 EPS beats percentage of 80.5% for the companies that have reported already comparing to the average for the same group of 77.6% over the preceding 20-quarter period (5 years). The Q2 revenue beats percentage of 78.8% compares to the 5-year average for this group of index members of 70.5%. Is the Turnaround in Estimates for Real? Looking at Q2 as a whole, combining the actuals from the 462 S&P 500 members with estimates for the still-to-come companies, the expectation is that earnings will be up +12.1% from the same period last year on +6% higher revenues, which would follow the +12.2% earnings growth on +4.6% revenue gains in the preceding period. The chart below shows current earnings and revenue growth expectations for 2025 Q2 in the context of where growth has been over the preceding four quarters and what is currently expected for the following four quarters. As you can see above, earnings for the current period (2025 Q3) are expected to be up +4.8% from the same period last year on +5.5% higher revenues. We noted in recent weeks that estimates for the current period have notably firmed up, as you can see in the chart below. Since the start of the period, estimates have increased for 5 of the 16 Zacks sectors. These include Tech, Finance, Energy, Retail, and Conglomerates. On the negative side, estimates remain under pressure for the remaining 11 sectors, with the biggest pressure at the Medical, Transportation, Basic Materials, Consumer Discretionary, Consumer Staples, and other sectors. The chart below shows how Tech sector earnings estimates for the period have evolved since the quarter got underway. The chart below shows the overall earnings picture on a calendar-year basis. For more details about the evolving earnings picture, please check out our weekly Earnings Trends report here >>>> Earnings Outlook Remains Strong & Improving: A Closer Look Zacks Names #1 Semiconductor Stock This under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (AMZN): Free Stock Analysis Report Target Corporation (TGT): Free Stock Analysis Report Walmart Inc. (WMT): Free Stock Analysis Report

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