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Grupo Aeroportuario del Pacifico Announces Refinancing of Bank Debt for USD$95.5 Million
manilatimes20d ago

Grupo Aeroportuario del Pacifico Announces Refinancing of Bank Debt for USD$95.5 Million

GUADALAJARA, Mexico, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (the "Company” or "GAP”) announced that today it refinanced the USD$95.5 million bank loan that matured on this date with Scotiabank Inverlat, S.A., through the execution of a new financing agreement with The Bank of Nova Scotia for a twelve-month term.The loan will accrue interest payable on a monthly basis at a variable rate equivalent to 1-month SOFR plus 50 basis points, with no additional fees. The loan matures on January 19, 2027, with an option for early repayment.Company DescriptionGrupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexico’s Pacific region, including the major cities of Guadalajara and Tijuana, the four tourist destinations of Puerto Vallarta, Los Cabos, La Paz and Manzanillo, and six other mid-sized cities: Hermosillo, Guanajuato, Morelia, Aguascalientes, Mexicali, and Los Mochis. In February 2006, GAP’s shares were listed on the New York Stock Exchange under the ticker symbol "PAC” and on the Mexican Stock Exchange under the ticker symbol "GAP”. In April 2015, GAP acquired 100% of Desarrollo de Concessioner Aeroportuarias, S.L., which owns a majority stake in MBJ Airports Limited, a company operating Sangster International Airport in Montego Bay, Jamaica. In October 2018, GAP entered into a concession agreement for the Norman Manley International Airport operation in Kingston, Jamaica, and took control of the operation in October 2019.This press release may contain forward-looking statements. These statements are statements that are not historical facts and are based on management’s current view and estimates of future economic circumstances, industry conditions, company performance, and financial results. The words "anticipates”, "believes”, "estimates”, "expects”, "plans” and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations, and the factors or trends affecting financial condition, liquidity, or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends, or results will occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.In accordance with Section 806 of the Sarbanes-Oxley Act of 2002 and Article 42 of the "Ley del Mercado de Valores”, GAP has implemented a "whistleblower” program, which allows complainants to anonymously and confidentially report suspected activities that involve criminal conduct or violations. The telephone number in Mexico, facilitated by a third party responsible for collecting these complaints, is 800 04 ETICA (38422) or WhatsApp +52 55 6538 5504. The website is www.lineadedenunciagap.com or by email at denuncia@lineadedenunciagap.com. GAP’s Audit Committee will be notified of all complaints for immediate investigation.Alejandra Soto Investor Relations and Social Responsibility Officerasoto@aeropuertosgap.com.mx Gisela Murillo, Investor Relationsgmurillo@aeropuertosgap.com.mx+52 33 3880 1100 ext. 20294

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Catalina Resources Ltd (ASX:CTN) Second Central Yilgarn RC Drilling Rig Commences Operations
abnnewswire20d ago

Catalina Resources Ltd (ASX:CTN) Second Central Yilgarn RC Drilling Rig Commences Operations

Catalina Resources Limited (ASX:CTN) advised that a second reverse circulation ("RC") drilling rig has now commenced operations as part of its Phase 1 drilling program across the Evanston and Yerilgee Gold Projects in the Central Yilgarn region of Western Australia. HIGHLIGHTS - Second reverse circulation ("RC") drilling rig has commenced operations at the Evanston and Yerilgee Projects as part of Catalina's ~20,000m drilling program - Additional rig enables accelerated drilling across multiple priority targets in parallel - Assay results from ongoing drilling programs remain pending and will be integrated with geological modelling to guide follow-up drilling Catalina Executive Director, Ross Cotton, commented: "The commencement of a second RC rig materially increases our ability to progress priority targets across Evanston and Yerilgee in parallel. This additional capacity allows us to advance drilling efficiently while ensuring assay results are rapidly incorporated into geological models to inform follow-up drilling decisions." The drilling is part of the Company's Phase 1 exploration program, targeting a series of structurally and geochemically defined prospects across the Evanston and Yerilgee corridors (Figures 1 and 2*). Phase 1 comprises approximately 8,000 metres of planned reverse circulation ("RC") and aircore ("AC") drilling across a number of priority targets, including Leghorn, Viper South and T1B at Evanston, and T8, Chicken Little and Snowflake at Yerilgee. The additional rig provides increased drilling capacity and allows Catalina to progress multiple priority targets concurrently across both project areas. This acceleration reflects the number and quality of targets identified through recent geological interpretation, in-field observations and target definition work. Drilling continues across priority targets at Evanston and Yerilgee, with samples collected on a continuous metre-by-metre basis and submitted for laboratory analysis on a rolling basis. Assay results are pending and once received, will be integrated with geological modelling to support target refinement and guide subsequent drilling programs. *To view tables and figures, please visit: https://abnnewswire.net/lnk/Q8C618VT Investors - ShareholdersRoss CottonExecutive DirectorT: +61 (0)8 6165 8858

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financialpost20d ago

Gold Resource Corporation Announces Strong Preliminary Year-End Results, Highlighting Operational Turnaround

DENVER — Gold Resource Corporation (NYSE American: GORO) (the “Company”) is pleased to announce preliminary fourth quarter production results from its Don David Gold Mine that are a significant improvement from previous quarters and represents 45% of the full-year production for 2025. The net result is a significantly improved year-end balance sheet of $25 million [...]

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Guggenheim warns US asset returns to soften in 2026: US bonds, equities face lower returns
forexlive20d ago

Guggenheim warns US asset returns to soften in 2026: US bonds, equities face lower returns

Guggenheim sees positive but lower US asset returns in 2026 as heavier supply and weaker foreign inflows weigh on bonds, equities and the dollar. Info via a Reuters interview. Summary:Guggenheim expects softer returns across US assets in 2026.Rising credit issuance may widen US bond spreads modestly.Higher rates allow opportunistic borrowing, boosting supply.Foreign investors are reallocating away from US assets.Equities and the dollar face headwinds despite positive fundamentals.Guggenheim Partners Investment Management is warning that returns across major US asset classes are likely to moderate in 2026, as heavier issuance, shifting foreign capital flows and a less supportive policy backdrop weigh on bonds, equities and the dollar.The asset manager expects a steady rise in US credit supply to place modest upward pressure on spreads this year. Steven Brown, Guggenheim’s chief investment officer for fixed income, said markets have already absorbed close to $300bn in US investment-grade issuance, aided by issuers’ ability to time deals opportunistically rather than borrowing out of necessity.Brown noted that while interest rates have stabilised, they remain well above levels seen for much of the past decade. That environment has encouraged companies to issue when market conditions allow, contributing to higher overall supply. As a result, credit fundamentals remain broadly constructive, but incremental issuance is likely to cap upside for spread tightening.Guggenheim argues that monetary policy is no longer the dominant driver of fixed-income performance, with supply dynamics and investor demand playing a more prominent role in shaping returns.The firm also flagged growing headwinds for US equities and the US dollar, pointing to signs that foreign investors are reallocating capital toward non-US opportunities. Anne Walsh, Guggenheim’s chief investment officer, said sovereign investors that previously favoured US Treasuries have increasingly shifted allocations toward gold, silver and other alternative assets, a trend that also weighs on the dollar.The more cautious outlook follows a strong 2025, when easing by the Federal Reserve and a resilient US economy delivered the strongest market returns since 2020. Heading into 2026, investors are reassessing whether a slower-moving Fed and looser fiscal policy can sustain that momentum.While Guggenheim’s base case still calls for positive returns across asset classes, the firm expects performance to fall short of last year’s levels, as supply-demand imbalances and softer foreign inflows limit upside. Not just politics. This article was written by Eamonn Sheridan at investinglive.com.

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Home Depot investors fret over the company’s ties to ICE
msnow20d ago

Home Depot investors fret over the company’s ties to ICE

Plus, a conservative think tank is behind a push to punish homeless people, YouTube monetizes controversial content, and more — all in this week’s Tech Drop.The post Home Depot investors fret over the company’s ties to ICE appeared first on MS NOW.

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Wall Street stocks slump over Trump tariffs threat
rthk_en20d ago

Wall Street stocks slump over Trump tariffs threat

All three major Wall Street indexes ended Tuesday with their biggest one-day drops in three months, in a broad sell-off triggered by concerns that fresh tariff threats from US President Donald Trump against Europe could signal renewed market volatility.The risk-off trade was pervasive, helping vault gold to fresh record highs, and pushing up debt costs with US Treasuries wobbling under renewed selling pressure. Bitcoin, which can find favour when traditional markets waver, fell more than 3 percent.All three US equity benchmarks registered their worst one-day performance since October 10, with both the S&P 500 and Nasdaq slipping below their 50-day moving averages.The S&P 500 lost 143 points, or 2.1 percent, to end at 6,796, while the Nasdaq gave up 561 points, or 2.4 percent, to 22,954. The Dow fell 870 points, or ⁠1.8 percent, to 48,488.Tuesday was the first opportunity for US investors to act on Trump's weekend comments, given the market holiday for Martin Luther King Jr Day.This included Trump saying additional 10 percent import tariffs would take effect on February 1 on goods from Denmark, Norway, Sweden, France, Germany, the Netherlands, Finland and Great Britain – all already subject to US tariffs.The tariffs would increase to 25 percent on June 1 and continue until a deal was reached for the US to purchase Greenland, Trump wrote in a post on Truth Social. Leaders of Greenland, an autonomous territory of Denmark, and Denmark have insisted the island is not for sale.The re-injection of tariff threats into global markets harkens back to April's "Liberation Day," when Trump's levies on global trade partners pushed the S&P 500 to near bear market territory.The CBOE Volatility Index, also known as Wall Street's fear gauge, spiked to 20.09 points, its highest close since November 24. (Reuters)

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Grayscale Digital Large Cap Fund (OTCMKTS:GDLC) Shares Down 6.3% – Time to Sell?
watchlistnews20d ago

Grayscale Digital Large Cap Fund (OTCMKTS:GDLC) Shares Down 6.3% – Time to Sell?

Grayscale Digital Large Cap Fund LLC (OTCMKTS:GDLC – Get Free Report) shares fell 6.3% during mid-day trading on Tuesday . The stock traded as low as $42.36 and last traded at $42.55. 44,606 shares traded hands during mid-day trading, a decline of 46% from the average session volume of 82,502 shares. The stock had previously [...]

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