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LSE:BAT.L 9 December 2025

UK Stock Market Today (9 December 2025): FTSE 100 Edges Higher as Defence Stocks Offset BAT Slide

UK Stock Market Today (9 December 2025): FTSE 100 Edges Higher as Defence Stocks Offset BAT Slide

The FTSE 100 closed up 0.23% at 9,667.35 on Tuesday, lifted by gains in defence stocks like BAE Systems and Rolls-Royce after news of a major German defence deal. British American Tobacco fell nearly 3% after warning on 2026 trading. The FTSE 250 ended 0.16% higher. Trading was subdued ahead of interest rate decisions from the Fed and Bank of England.

Stock Market Today

  • Tenaz Energy Q1 Revenue Soars Amid Wider Net Loss, Raising Earnings Quality Concerns
    May 16, 2026, 12:42 PM EDT. Tenaz Energy Corp reported a sharp revenue jump to C$131.16 million in Q1 2026, up from C$16.29 million a year earlier. However, the net loss widened significantly to C$111.08 million, with loss per share increasing to C$3.48. This divergence raises questions about the earnings quality and balance sheet risks, despite steady production growth guidance of 19,500 to 22,500 barrels of oil equivalent per day for 2026. The company's heavy 2026 capital budget of C$300 million and hedge-related accounting swings contribute to earnings volatility. Analysts' fair value estimates for TSX:TNZ vary widely, reflecting uncertainty over its financial leverage and projected earnings path. Investors should weigh these factors carefully when evaluating Tenaz Energy's growth outlook and stock potential.

Latest articles

AT&T Stock Just Slid Again — Monday’s Test Is Bigger Than It Looks

AT&T Stock Just Slid Again — Monday’s Test Is Bigger Than It Looks

16 May 2026
AT&T shares fell 2.52% to $24.03 on Friday, capping a 4.5% weekly drop and underperforming Verizon and T-Mobile. The decline followed news of a planned joint venture with Verizon and T-Mobile to address rural wireless dead zones and the FCC’s approval of AT&T’s $23 billion spectrum purchase from EchoStar. Trading resumes Monday after the NYSE weekend closure.
Zoetis Drops to 52-Week Low, Monday Open in Focus

Zoetis Drops to 52-Week Low, Monday Open in Focus

16 May 2026
Zoetis shares closed at $74.22 Friday, down 1.67% after hitting a 52-week low of $72.38. The stock has dropped 33% since May 6, following weak first-quarter results and lowered 2026 guidance. U.S. companion animal sales fell 11%, and analysts cut price targets. The next NYSE session is Monday.
Medtronic Shares Near One-Year Lows as NYSE Open Looms After Friday Drop

Medtronic Shares Near One-Year Lows as NYSE Open Looms After Friday Drop

16 May 2026
Medtronic closed Friday at $76.15, down 1.07%, hovering just above its 52-week low of $74.40. The stock matched its previous week’s close after dipping to that low on Monday. Wall Street’s broader selloff weighed on shares ahead of Medtronic’s June 3 earnings report. The NYSE reopens Monday at 9:30 a.m. ET.
Babcock & Wilcox faces $200 million hurdle after 50% rally

Babcock & Wilcox faces $200 million hurdle after 50% rally

16 May 2026
Babcock & Wilcox Enterprises closed a $200 million common-stock sale at $18.50 per share, below Friday’s $21.85 close, adding 10.8 million new shares. The stock surged 50% for the week after first-quarter revenue rose 44% to $214.4 million and backlog jumped 483% to $2.7 billion. The offering is set to close Monday when the NYSE reopens.
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