Latest news with #DanielMajor
Cision Canada
05-06-2025
- Business
- Cision Canada
QUEBECOR FUND ANNOUNCES FUNDING FOR PRODUCERS UNDER ITS TELEVISION PRODUCTION SUPPORT PROGRAMS Français
MONTREAL, June 5, 2025 /CNW/ - The Quebecor Fund Board of Directors today announced the list of Canadian production companies that will receive financial support in the 50th round of the Fund's Television Production Assistance Program, for which submissions closed on April 1, 2025. In this round, the Fund is disbursing a total of more than $2.1 million. Under the Support for the Creation of Intellectual Property component, $785,000 has been granted to four projects from Productions Untamed 5 inc., Écho Média inc., PVP Média inc. and Happy Camper Média inc. The broadcasters supporting the development of these projects are TVA Group Inc., Société Radio‑Canada, Télé‑Québec and TFO. Under the Support for the Production of Intellectual Property for International Markets component, $1,340,231 has been granted in this round to seven fiction series projects from Productions KOTV inc., Zone3 inc., V10 Média inc. (International distributor: Quebecor Content – TVA Distribution), Sphère Média inc., Aetios Productions inc., Duo Productions inc. and Productions Pixcom inc. The selected productions will air in Canada on Société Radio‑Canada, Bell Media Inc and TVA Group Inc. Since its inception in 1999, Quebecor Fund's Television Production Assistance Program has supported a total of 412 projects involving 99 production companies, 49 Canadian broadcasters and 100 foreign platforms and broadcasters with grants totalling more than $108.9 million across all of its components. Of the funding granted under Quebecor Fund's three components since spring 2017, 19% has gone to documentaries, 19% to programs for children/youth, 14% to variety/performing arts, and 48% to drama. Counting this round of the Support for the Creation of Intellectual Property component, launched in March 2017, Quebecor Fund has provided repayable grants totalling nearly $14.9 million to support creation projects in all genres that have received a financial commitment from a recognized French–language broadcasting programming undertaking (BPU). Counting this round of the Support for the Production of Intellectual Property for International Markets component, launched in April 2019 in partnership with the Canada Media Fund (CMF), Quebecor Fund has provided repayable grants of nearly $16.7 million and the CMF $6.5 million, for a total of nearly $23.2 million. The money enables Québec producers to add value to French‑language fiction and documentaries, and to penetrate international markets. FICTION SERIES Plan B ‑ season 5 Productions KOTV inc. ‑ Canadian broadcaster: Société Radio‑Canada is a 44-year-old father of two whose life hasn't worked out as way he had planned: he hasn't become a world‑famous writer. His failure has led him to hurt the people he loves. But when an aneurysm leaves him clinging to life, everything changes. Dérive Zone3 inc. ‑ Canadian broadcaster: Bell Media Inc. In this psychological thriller, internationally renowned pianist Daniel Major wakes up one morning unable to play the piano. He must find out why. Little does he know that his quest for the truth will force him to make heartbreaking and perilous choices. Détective Surprenant ‑ season 2 V10 Média inc. ‑ International distributor: Quebecor Content – TVA Distribution ‑ Canadian broadcaster: TVA Group Inc. It's late winter and Detective Sergeant André Surprenant is investigating the murder of Jeannot Boudreau, a pawnshop manager in Verdun. Then, during the Mid Lent celebrations, Claude "The Baron" Goyette, a powerful figure on the Magdalen Islands, is also murdered. Le retour d'Anna Brodeur ‑ season 2 Sphère Média inc. ‑ Canadian broadcaster: Bell Media Inc. Anna knows that rebuilding her life will take determination. She'll need patience, resilience and a healthy dose of humility and humour to find happiness again. Season 2 is a sometimes funny, always moving chronicle of Anna's journey that tells a story of friendship, family relationships and self‑discovery. Sometimes, starting from scratch isn't a failure—it's a new beginning. Les Armes ‑ season 2 Aetios Productions inc. ‑ Canadian broadcaster: TVA Group Inc. At Canadian Forces Base Kanawata, tensions are high. War appears imminent. Season 2 opens with the return of the troops from a secret mission in the Far North. The elite JTF16 unit was ambushed and had to split into two groups. Coup de feu! Duo Productions inc ‑ Canadian broadcaster: Bell Media Inc. Set in Québec's gourmet restaurant scene, Coup de feu! follows talented young chef Clovis Lambert—ambitious, impulsive and prone to excess in both his personal and professional life. Prescott Pixcom Productions inc. ‑ Canadian broadcaster: TVA Group Inc. In an isolated village dominated by a massive cement factory and a penitentiary, two families have been at war for generations. This is a village where the cement covers more than the foundations and the past is unforgiving. The walls have ears—and they are porous. The inside seeps out, and the outside corrupts within. Everyone must fight to survive. Welcome to Prescott! Quebecor Fund Quebecor Fund was established through Videotron Ltd., a Quebecor Media Inc. company, which provides nearly $5 million annually in broadcasting distribution undertaking (BDU) contributions to Canada's film and television industry. It is a non‑profit private fund that supports the development, production, marketing and export of high‑quality content and its exploitation on multiple platforms. To date, Quebecor Fund's programs have paid out a total of nearly $143.9 million. The Board of Directors is responsible for all decisions pertaining to the Fund, including its priorities, and is entirely and exclusively responsible for its funding decisions. The deadline for submissions for the next round of the Television Production Assistance Program will be Wednesday, October 1, 2025, unless a special notice stating otherwise is posted on the website. All applications for all program must be submitted electronically. Visit for more information.
Yahoo
13-04-2025
- Business
- Yahoo
Why Newmont Stock Jumped 26% Amid Market Volatility This Week
In what might go down as one of the wildest weeks for investors in stocks in recent history, Newmont (NYSE: NEM) stock offered much respite, with solid and steady gains through the week. Shortly after noon ET Friday, Newmont stock hit a weekly intraday high of 26%, according to data provided by S&P Global Market Intelligence. The S&P 500 (SNPINDEX: ^GSPC), meanwhile, managed to log 6.1% gains, at its intraday best over the past five trading days, through 2 p.m. ET Friday Newmont stock is riding the wave of fresh enthusiasm in gold stocks amid the stock market turmoil, with one analyst even upgrading the stock's price target by 20%. Newmont is the world's largest gold producer, with its mines churning out 6.8 million attributable ounces of gold in 2024. The mining giant also produces silver, copper, zinc, and lead. As one may guess, Newmont's fortunes depend on commodity prices, and we are witnessing gold's golden days right now. Gold is on fire, with its price hitting a record high this morning and jumping over $3,220 per ounce. Analysts at UBS just predicted gold prices to hit $3,500 per ounce in 2026 as investors flock to the yellow metal amid the tariffs and trade war that have triggered fears of a recession. At the same time, analyst Daniel Major lifted Newmont stock's rating to buy from neutral and upped its price target to $60 per share from $50 a share. That would mean a 20% upside from the gold stock's closing price of April 10. Major believes Newmont stock could get a lift as the miner achieves its 2025 guidance amid low expectations. Newmont stock has hugely underperformed the industry and gold prices in recent years as operational challenges and high costs hit the miner's profits and cash flows. 2024, however, was a strong year for Newmont. Having acquired Newcrest in 2023, Newmont's sales jumped 57% in 2024, and it turned a net profit of $3.4 billion versus a net loss of nearly $2.5 billion in 2023. Newmont is also cutting debt, and expects to raise net cash proceeds of around $2.5 billion from the sale of some assets this year. A UBS analyst believes the miner could return much of this cash to shareholders in the form of share buybacks. I'm not too sure here, though. While soaring gold prices should send Newmont's sales up in 2025, I'm still wary about its mining and production costs and expect them to remain high this year. That means other, even smaller, gold stocks, might be able to better exploit gold prices to their advantage and grow faster than Newmont. Before you buy stock in Newmont, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Newmont wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $496,779!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $659,306!* Now, it's worth noting Stock Advisor's total average return is 787% — a market-crushing outperformance compared to 152% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of April 5, 2025 Neha Chamaria has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Newmont Stock Jumped 26% Amid Market Volatility This Week was originally published by The Motley Fool
Bloomberg
11-04-2025
- Business
- Bloomberg
Stock Movers: Newmont, Nvidia, JPMorgan
On this episode of Stock Movers: - Shares of Newmont (NEM) rose after UBS analyst Daniel Major upgraded the gold miner to "buy" from "neutral" and hiked the price target to $60 from $50 before the opening bell on Friday. The comes as gold rose to a record above $3,200 an ounce, as concerns about the impact of tariffs on the global economy boosted bullion's appeal as a haven for investors. Prices gained as much as 1.9% to $3,237.89 on Friday, eclipsing the previous all-time high posted Thursday. Prices headed for a weekly increase of about 6%. Gold's haven status has been underlined this week, with President Donald Trump's flip-flopping on tariffs sparking frantic selloffs for US stocks, bonds and the dollar, as fears of a worldwide recession engulfed Wall Street. - Wall Street's gyrations shook markets anew, with stocks wiping out losses to extend their best weekly gain since 2023. Shares in chip giant Nvidia (NVDA) saw wild swings, rising as high as 18% on Wednesday before closing up about 3% in Friday trading. - JPMorgan Chase's (JPM) stock traders took in a record haul in the first quarter, boosted by chaotic market moves set off by President Donald Trump's policy announcements after he took office in January. The biggest US bank boosted equities markets revenue 48% to $3.81 billion, trouncing analysts' expectations as well as the firm's previous stock-trading record set four years ago. Still, Chief Executive Officer Jamie Dimon struck a cautious tone about prospects for the US economy in a statement Friday accompanying the results. 'The economy is facing considerable turbulence (including geopolitics), with the potential positives of tax reform and deregulation and the potential negatives of tariffs and 'trade wars,' ongoing sticky inflation, high fiscal deficits and still rather high asset prices and volatility,' Dimon said in the statement.
Bloomberg
11-04-2025
- Business
- Bloomberg
Stock Movers: Texas Instruments, Newmont, Wells Fargo
On this episode of Stock Movers: - Texas Instrument (TXN) shares fall, as geopolitical tensions between the U.S. and China continue to escalate. Earlier, the China Semiconductor Industry Association issued an emergency notice on the method for determining the origin of chip imports. - Newmont (NEM) shares climb 3.9% premarket after UBS analyst Daniel Major upgraded the gold miner to buy from neutral and hiked the price target to $60 from $50 as the bank lifts its price forecast for bullion to $3,500 in 2026 and expects more cash returns. - Wells Fargo & Co (WFC)shares drop, as the firm missed analysts' estimates for net interest income in the first quarter with soft loan demand hurting the bank's largest revenue stream as tariff uncertainty clouds the US economic outlook.
Forbes
31-03-2025
- Business
- Forbes
Gold Miners Stage A Comeback, But Will The Rally Hold?
Open Cut Gold mine, with Haul truck driving up road, located in Cobar NSW AustraliaOpen Cut Gold ... More mine, located in Cobar NSW Australia Mining stocks are stepping out of gold's shadow. After years of lagging the metal they mine, gold miners are starting to outperform. The GDX Index — a benchmark index for the sector — is up roughly 28% this year, compared to a 19% gain for gold itself. The shift comes as gold spot prices hit a record $3,142 per ounce, setting the stage for earnings upgrades and a shift in sentiment. 'Gold miners offer operational leverage to gold price upside, potential growth and dividend yields,' wrote UBS analyst Daniel Major in a recent note to clients. Still, miners' leverage hasn't kept them from consistently underperforming gold over the past decade — a period in which gold nearly tripled. In fact, over the past five years, the GDX has trailed gold by roughly 40%, dragged down by poor execution, rising costs, and disappointing returns on mergers and acquisitions. Even so, Major believes the setup is starting to shift in favor of the miners. 'We continue to see attractive risk vs reward in the gold miners.' Despite the recent rally, gold stocks remain deeply discounted. UBS estimates the sector is still trading around 30% below pre-Covid averages on a price-to-earnings basis. That disconnect, Major argues, is more about sentiment than fundamentals due to years of missed guidance. 'It is difficult to have conviction that the gold sector will hit its targets and restore investor confidence,' he said. With gold holding above $3,140 and full-year results in, expectations for upward earnings revisions are rising. 'This should provide positive consensus earnings momentum vs consensus multiples that are already materially below historical levels,' Major noted. He adds, however, that investor expectations may be more grounded this time. Forecasts for 2025 no longer assume broad unit cost declines, and guidance from big miners, including Newmont and Barrick, has become more conservative. Seasonality may also work in miners' favor. Historically, the period between full-year results and Q3 earnings coincides with positive revisions. According to Major, this window 'has typically been a better time to own gold stocks,' before the usual round of guidance resets kicks in later in the year.
