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Silicon Announces Preliminary 3D Modeling Results for Project Ptarmigan
Silicon Metals Corp. announced preliminary 3D modeling results for its Ptarmigan Project, estimating 5 million cubic meters of surface quartzite material based on LiDAR and ground mapping. Samples from the ridges showed up to 99.99% SiO2 purity. Lab-scale processing is underway. The Ptarmigan quartzite density is approximately 2.6 tonnes per cubic meter. This estimate is conceptual, requiring further exploration to define a mineral resource compliant with NI 43-101. The company is focused on high-purity quartz exploration and development in Canada.
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Omdia: Large-Area Display Shipments to Increase 2.8% YoY in 2025, Driven by Mobile PC Displays
Omdia forecasts a 2.8% YoY increase in large-area display shipments in 2025, reaching 909.4 million units, driven by mobile PC demand despite TV and monitor declines. LCD shipments will rise 2.2%, while OLED will surge 19.0%, led by monitors and notebooks. The market reflects strategic shifts, with Chinese firms expanding LCD production and Korean manufacturers focusing on OLED in IT applications. China is projected to lead in both LCD shipments (67.6%) and total revenue (63.5%).
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Ferrari Capital Markets Day Online – October 9, 2025: How to Follow
Ferrari will hold its Capital Markets Day on October 9, 2025, in Maranello. Investors and analysts await the event where Ferrari’s leadership will unveil its strategic vision, financial objectives, and technology roadmap. A live webcast will be available on Ferrari’s investor relations website, with archived materials to follow. Key areas of interest include Ferrari’s electrification plans, product portfolio expansion (like the Purosangue SUV), brand exclusivity, technology investments (ADAS, powertrains), and financial outlook (revenue, margins, capital allocation). The event is crucial for understanding Ferrari’s future.
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Themac Resources Urges Shareholders to Vote Before Special Meeting
THEMAC Resources (MACQF) urges shareholders to vote on the proposed acquisition by Tulla Resources Group at $0.08 per share by the October 3, 2025 deadline. The Board and proxy advisor ISS recommend voting in favor of the statutory arrangement. Due to a Canada Post strike, online or telephone voting is strongly encouraged. The special meeting is scheduled for October 7, 2025, focusing on the arrangement under the Yukon Business Corporations Act.
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Ryoncil® Granted J-Code by CMS, Streamlining Reimbursement and Expanding Patient Access
Mesoblast Limited announced that the permanent J-Code J3402 for Ryoncil, its cell therapy for steroid-refractory acute graft-versus-host disease (SR-aGvHD) in pediatric patients, became effective on October 1, 2025. Assigned by CMS, the code aims to streamline billing and reimbursement, potentially broadening patient access to this first FDA-approved mesenchymal stromal cell product. While seen as positive, commercial payer adoption is crucial for realizing Ryoncil’s full potential. Healthcare providers can now utilize J3402 for claims submitted for services rendered on or after October 1, 2025.
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Vistra Receives FERC Approval for Gas Generation Fleet Acquisition
Vistra (VST) received FERC approval to acquire seven natural gas generation facilities from Lotus Infrastructure Partners, adding approximately 2,600 megawatts to its portfolio. The facilities, located across PJM, New England, New York, and California, will enhance Vistra’s power generation capabilities and grid reliability. The deal is expected to close by Q1 2026, pending standard conditions and NYPSC approval. Analysts see the acquisition as aligning with Vistra’s strategy to optimize its generation fleet and capitalize on natural gas demand. The acquired facilities represent modern, efficient natural gas assets, potentially positively impacting Vistra’s earnings.
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Emeren Group Revises Date of Extraordinary General Meeting
Emeren Group Ltd (NYSE: SOL) has canceled its extraordinary general meeting (EGM) scheduled for October 21, 2025, concerning the proposed merger with Shurya Vitra Ltd. and Emeren Holdings Ltd. The cancellation is due to the ongoing SEC review of the proxy statement and transaction statement. Emeren plans to reschedule the EGM after finalizing and filing definitive statements, ensuring shareholders have complete and accurate information. A new EGM date and record date will be announced in accordance with regulations.
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HII Appoints Roger Kelly VP of Contracts and Pricing at Newport News Shipbuilding
Huntington Ingalls Industries (HII) appointed Roger Kelly as Vice President of Contracts and Pricing at Newport News Shipbuilding, effective October 2, 2025. Kelly, succeeding Matt Mulherin Jr., will oversee all contract negotiations, pricing strategies, and export/import compliance, reporting to Don Godwin. Kelly joined HII in 1999 as a nuclear engineer and previously served as Director of Contracts and Pricing, overseeing new construction contracts. He holds degrees in civil engineering and an MBA.
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Matthews International Wins Court Ruling Against Tesla, Upholding Arbitration Award
A federal court affirmed an arbitration award in favor of Matthews International against Tesla. The dispute’s specifics remain confidential, but sources suggest it involves automation technologies supplied to Tesla. This legal victory strengthens Matthews’ position as a reliable partner in industrial automation. While the financial impact on Tesla is likely manageable, the ruling adds to its operational challenges and raises concerns about future technology procurement disputes and reputational damage. The judgment underscores the importance of clear contracts and intellectual property rights within the EV industry.
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PNC Announces $1.70 Dividend on Common Shares
PNC Financial Services Group declared quarterly dividends for common and preferred stock, signaling financial stability and commitment to shareholder returns. A $1.70 per share dividend on common stock is payable November 5, 2025, to shareholders of record October 14, 2025. Dividends were also announced for various preferred stock series with varying amounts and payment dates in November/December 2025. These dividends underscore PNC’s capital allocation strategy and confidence in navigating the current economic environment. Investors will monitor key performance metrics leading up to payment dates.