Market Overview

Explore the North American stock scene as equities twist and turn in a dynamic Thursday trading session.

Stocks on the Rise

**Andlauer Healthcare Group Inc. (AND-T)** surged following the announcement of its acquisition by shipping giant **United Parcel Service Inc. (UPS-N)**. The deal, valued at a hefty $2.2 billion, sees UPS set to pay $55.00 per share in cash for Andlauer’s shares, which closed at $41.96 on the Toronto Stock Exchange yesterday. Michael Andlauer, CEO of AHG, strongly backs the deal, controlling over 53% of the voting power. After the acquisition, he is expected to steer UPS Canada Healthcare.

**Teck Resources (TECK.B-T)** shares rose after the company reported impressive first-quarter results fueled by higher commodity prices and robust copper sales. With earnings per share hitting 60 cents—substantially exceeding the 32 cents analysts anticipated—Teck credited its success to increased base metal prices and a weakened Canadian dollar. Revenue climbed from $1.62 billion to $2.29 billion year-over-year.

**Newmont Corporation (NGT-T)**, the world's leading gold miner, enjoyed a profitable quarter as rising gold prices offset decreased production. The average selling price of gold swelled by 41% to $2,944 per ounce, while production fell by 8.3%. Newmont’s adjusted earnings per share of $1.25 beat expectations of 90 cents.

**First Quantum Minerals Ltd. (FM-T)** saw a significant uptick after announcing strong operating performances at its Kansanshi mine in Zambia. The company reported adjusted earnings of 0 cents per share—outpacing analyst estimates of a 6 cent loss.

Concerns in the Market

On the other side, **TFI International Inc. (TFII-T)** faced a 40% drop in profits, attributed to soft shipping demand. Despite a slight revenue increase of 5% to $1.96 billion, net income fell from $92.8 million to $56 million. Analysts predict more pressure on the stock as results fail to excite investors.

**American Airlines (AAL-Q)** withdrew its 2025 financial forecast amid rising trade war tensions and an unpredictable economic landscape, mirroring similar moves from other U.S. carriers.

Shares of **International Business Machines (IBM-N)** dipped as the company announced suspensions of federal contracts worth around $100 million, further complicating its consulting business amidst an unpredictable economy.

**Procter & Gamble (PG-N)** saw its shares slide after slashing its annual sales forecast due to a marked decline in consumer spending. With unforeseen trade war impacts, expectations for net sales were aligned to the previous fiscal year instead of anticipated growth.

**PepsiCo (PEP-Q)** also adjusted its annual profit forecast downwards, anticipating heightened production costs linked to a tumultuous global trade landscape. Its revenue was slightly below analyst expectations, marking the first earnings miss in over five years.

Summary

As the market ebbs and flows, investors remain cautious, carefully weighing growth against potential economic pitfalls. Stocks like Andlauer Healthcare and Teck Resources are on the up, while giants like TFI and American Airlines grapple with uncertainties. Keep a close eye on these trends as the landscape continues to evolve.