The OPNX exchange would own approximately 75 percent of the Hodlnaut exchange if the deal is approved by the court. Distressed crypto holders who had their assets trapped in Singapore-based bankrupt firm Hodlnaut could soon have relief if the judicial system approves a bid to acquire the assets. According to a recent report by Bloomberg,…
dan_prat/iStock via Getty Images Introduction Eagle Bulk (NYSE:EGLE) is a US-based dry bulk ship owner. The company owns and operates a fleet of 52 vessels with an average age of 10 years. All Eagle’s vessels belong to Ultramax/Supramax category with a dead-weight-tonnage capacity of 55-63 DWT. This enables the company to operate in all bulk…
kynny Investment Thesis At the moment a lot of technology stocks are on fire, because of AI driven expectations. Sometimes companies are trying to use the word AI as much as possible in their reports to further boost the hype. There are also some technology companies that don’t want to surf on the hype and…
FactoryTh I have mentioned Western Copper and Gold (NYSE:WRN) in the past as an excellent copper/gold resource investment idea. The company owns the Casino mine project in the Yukon. Its stock valuation trades at a sizable discount to estimated NPV calculations at metals prices below current quotes. Even given the go ahead to build a…
syahrir maulana Growth securities outperformed value securities in the first half of the year and are yet to slow down. Such momentum was primarily a result of big tech momentum and rallying within companies like Apple (AAPL), Microsoft (MSFT), and NVIDIA (NVDA). This rallying stemmed mainly from artificial intelligence (AI) hype. Despite the general outperformance…
Roman Tiraspolsky/iStock Editorial via Getty Images Research Brief In today’s equity research analysis I am returning to a stock I covered several months ago, but still one of my favorites in the financial sector, Bank of New York Mellon (NYSE:BK). This time, however, I am applying my new rating methodology and seeing if I get…
Bet_Noire/iStock via Getty Images Constellium (NYSE:CSTM) is experiencing a downturn in revenue growth, which is driven mainly by packaging end-market weakness. However, the company is coping relatively well due to its pricing power and ability to exploit more successfully the momentum in the aerospace market. In addition, Constellium streamlined its business model in order to…
Bruce Bennett Background The world of stand-alone, physical retail is brutal. The multi-decade transition of shopping habits by consumers from in-person buying to e-commerce has left in its wake countless retailers who have failed to adapt to the new reality of how consumers shop. Some of the strongest players in the space remain, albeit somewhat…
wdragon/E+ via Getty Images Monetary policy is perhaps the main reason why foreign equities have the reputation of being somewhat unloved by U.S. investors. The gist is that it is necessary to not only identify long plays based on their individual merits but also factor in an FX ingredient to understand whether the thesis makes…
Shutter2U Recently, I wrote a bullish article on the Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (ETO), noting that the ETO fund is a solid choice for income-oriented investors looking for global equities exposure while enjoying an attractive distribution yield. This article examines a peer to the ETO fund, the Lazard Global Total Return and…
Nick Heinemann/iStock via Getty Images Braemar Hotels & Resorts (NYSE:BHR) should not have the dire total returns it does, down 20.6% since the start of 2023 and sporting a steeper 70% loss over the last 5 years. I last covered this REIT early this year. The REIT focuses on full-service luxury hotels and resorts with…
DLH Holdings Corp. (NASDAQ:DLHC) Q3 2023 Earnings Conference Call August 3, 2023 10:00 AM ET Company Participants Chris Witty – Investor Relations Zach Parker – President and Chief Executive Officer Kathryn JohnBull – Chief Financial Officer Conference Call Participants Joe Gomes – NOBLE Capital Brian Kinstlinger – Alliance Global Partners Operator Good morning and welcome…
designer491 Generating passive income by investing in high dividend growth funds like the Schwab U.S. Dividend Equity ETF (NYSEARCA:SCHD) and the iShares Core Dividend Growth ETF (NYSEARCA:DGRO) can be a great way to fund a retirement for the following reasons: The passive income makes it quite easy to budget for living expenses since dividend payout…
Clarivate Plc (NYSE:CLVT) Q2 2023 Earnings Conference Call August 3, 2023 9:00 AM ET Company Participants Mark Donohue – Vice President, Investor Relations Jonathan Gear – Chief Executive Officer Jonathan Collins – Executive Vice President and Chief Financial Officer Conference Call Participants Manav Patnaik – Barclays Toni Kaplan – Morgan Stanley Ashish Sabadra – RBC…
Butsaya/iStock via Getty Images First, about the spot-on thing… I did not of course factor in the Fitch downgrade which started the selling on Thursday. My main premise last week was that the market was steeply overbought. To my mind, Apple (AAPL) was going to be the catalyst and it was subsequently, Fitch got in…
Eakarat Buanoi/iStock via Getty Images Palantir Technologies (NYSE:PLTR) is suddenly one of the most over-hyped AI software plays around. The unliked enterprise software data play was so hated the stock traded below $8 back in early May. My investment thesis is Bearish on the stock heading in Q2’23 numbers after the close on Monday with…
imaginima Unitholders likely went into Enterprise Products Partners (NYSE:EPD) recent second-quarter or FQ2 earnings release already anticipating a weaker slate of results compared to the same quarter last year. After all, underlying energy prices (CL1:COM) (NG1:COM) remain well below their 2022 highs as growth normalized. Notwithstanding the underlying weakness, EPD’s July 2023 price action indicated…
Privia Health Group, Inc. (NASDAQ:PRVA) Q2 2023 Earnings Conference Call August 3, 2023 8:30 AM ET Company Participants Parth Mehrotra – President and CEO David Mountcastle – CFO Robert Borchert – SVP, Investor & Corporate Communications Conference Call Participants Jailendra Singh – Truist Securities Lisa Gill – J.P. Morgan Sameer Patel – Evercore ISI Richard…
EZCORP, Inc. (NASDAQ:EZPW) Q3 2023 Earnings Conference Call August 3, 2023 9:00 AM ET Company Participants Jeff Elliott – Investor Relations Lachlan Given – Chief Executive Officer Timothy Jugmans – Chief Financial Officer Conference Call Participants Brian McNamara – Canaccord Genuity Andrew Chasanoff – Oppenheimer Operator Good morning, ladies and gentlemen and welcome to the…
cemagraphics The S&P 500 (SPY) fell to a low of 4474 this week after Fitch downgraded the US credit rating. While this was a surprise catalyst, the pullback was no surprise at all and met the expectations set out in last week’s article, and indeed the week before, which called for “the largest pullback since…
Start Time: 08:00 January 1, 0000 8:42 AM ET SGL Carbon SE (OTCPK:SGLFF) Q2 2023 Earnings Conference Call August 03, 2023, 08:00 AM ET Company Participants Torsten Derr – CEO Thomas Dippold – CFO Claudia Kellert – Head, Capital Markets and Communications Conference Call Participants Thomas Junghanns – Berenberg Sven Sauer – Kepler Cheuvreux Claudia…
malerapaso/E+ via Getty Images Is now a good time to buy stocks? The mood surrounding the stock market underwent a fundamental shift recently. Talk of recessions, inflation, and debt ceilings turned on a dime to artificial intelligence (AI) and dreams of new market highs. Some are now saying we will avoid a recession altogether (although…
BrightView Holdings, Inc. (NYSE:BV) Q3 2023 Earnings Conference Call August 3, 2023 10:00 AM ET Company Participants Jim Abrahamson – interim President & CEO Brett Urban – CFO Chris Stoczko – VP, Finance Conference Call Participants Sam Kusswurm – William Blair Pete Lukas – CJS Securities George Tong – Goldman Sachs Justin Hauke – Robert…
Artis Real Estate Investment Trust (OTC:ARESF) Q2 2023 Earnings Conference Call August 3, 2023 1:00 PM ET Company Participants Heather Nikkel – Investor Relations Samir Manji – President and Chief Executive Officer Jaclyn Koenig – Chief Financial Officer Kim Riley – Chief Operating Officer Phil Martens – Executive Vice President, U.S. Region Conference Call Participants…
Distribution Solutions Group, Inc. (NASDAQ:DSGR) Q2 2023 Earnings Conference Call August 3, 2023 9:00 AM ET Company Participants Steven Hooser – Investor Relations Bryan King – Chairman & Chief Executive Officer Ron Knutson – Executive Vice President & Chief Financial Officer Conference Call Participants Kevin Steinke – Barrington Research Ken Newman – KeyBanc Capital Markets…
Kaltura, Inc. (NASDAQ:KLTR) Q2 2023 Earnings Conference Call August 2, 2023 8:00 AM ET Company Participants Erica Mannion – Investor Relations Ron Yekutiel – Co-Founder, Chairman & Chief Executive Officer Yaron Garmazi – Chief Financial Officer Conference Call Participants DJ Hynes – Canaccord George Iwanyc – Oppenheimer Ryan Koontz – Needham & Company Michael Berg…
SNC-Lavalin Group Inc. (OTCPK:SNCAF) Q2 2023 Earnings Conference Call August 3, 2023 8:30 AM ET Company Participants Denis Jasmin – Vice President of Investor Relations Ian Edwards – President & Chief Executive Officer Jeffrey Bell – Executive Vice President & Chief Financial Officer Conference Call Participants Jacob Bout – CIBC Yuri Lynk – Canaccord Genuity…
Sotera Health Company (NASDAQ:SHC) Q2 2023 Earnings Conference Call August 3, 2023 9:00 AM ET Corporate Participants Jason Peterson – Vice President and Treasurer Michael Petras – Chairman and Chief Executive Officer Jonathan Lyons – Chief Financial Officer Conference Call Participants Sean Dodge – RBC Capital David Windley – Jefferies Luke Sergott – Barclays Casey…
Visteon Corporation (NASDAQ:VC) Q2 2023 Earnings Conference Call August 3, 2023 9:00 AM ET Company Participants Ryan Wentling – Vice President of Investor Relations and Treasurer Sachin Lawande – President and Chief Executive Officer Jerome Rouquet – Senior Vice President and Chief Financial Officer Conference Call Participants Gautam Narayan – RBC Capital Markets James Picariello…
EngageSmart, Inc. (NYSE:ESMT) Q2 2023 Earnings Conference Call August 3, 2023 8:30 AM ET Company Participants Josh Schmidt – Investor Relations Robert Bennett – Chief Executive Officer Cassandra Hudson – Chief Financial Officer Conference Call Participants Bhavin Shah – Deutsche Bank Robert Napoli – William Blair Tyler DuPont – Bank of America Merrill Lynch Terrell…
Smurfit Kappa Group Plc (OTCPK:SMFTF) Q2 2023 Earnings Conference Call August 2, 2023 4:00 AM ET Company Participants Tony Smurfit – Chief Executive Officer Ken Bowles – Chief Financial Officer Laurent Sellier – Chief Executive Officer, Americas Conference Call Participants Charlie Muir-Sands – BNP Paribas Kevin Fogarty – Numis Justin Jordan – Davy Cole Hathorn…
London Stock Exchange Group plc (OTCPK:LDNXF) Q1 2024 Earnings Conference Call August 3, 2023 5:00 AM ET Company Participants Peregrine Riviere – Investor Relations David Schwimmer – Group Chief Executive Officer Anna Manz – Group Chief Financial Officer Conference Call Participants Bruce Hamilton – Morgan Stanley Mike Werner – UBS Kyle Voigt – KBW Tom…
SoftBank Corp. (OTCPK:SOBKY) Q1 2024 Earnings Conference Call August 4, 2023 5:00 AM ET Company Participants Kazuhiko Fujihara – Board Director, Executive Vice President and CFO Junichi Miyakawa – CEO Conference Call Participants Daisaku Masuno – Nomura Securities Satoru Kikuchi – SMBC Nikko Securities Mitsunobu Tsuruo – Citigroup Securities Operator Thank you very much for…
jxfzsy Dear Co-Investor Close your eyes and allow your mind to gently recount the melody of your favourite song. Visualise the graceful dance of each note, the emotional rise and fall of the chorus, and the commanding beats that set the rhythm. When this ensemble works together in magical ways, time can be lost to…
Itron, Inc. (NASDAQ:ITRI) Q2 2023 Earnings Conference Call August 3, 2023 10:00 AM ET Company Participants Tom Deitrich – President and Chief Executive Officer Joan Hooper – Senior Vice President and Chief Financial Officer Paul Vincent – Vice President, Investor Relations Conference Call Participants Marty Malloy – Johnson Rice & Company Jeffrey Osborne – Cowen…
Nick van Bree/iStock via Getty Images “I used to think that if there was reincarnation, I wanted to come back as the president or the pope or as a .400 baseball hitter. But now I would like to come back as the bond market. You can intimidate everybody.” -James Carville If you don’t eat all…
da-kuk Looking for a high yield income vehicle that’ll benefit from rising interest rates? Business development companies, known as BDCs, offer retail investors high yield exposure to private companies, and some of them, like Hercules Capital (NYSE:HTGC), focus on companies which already are backed by venture capital firms. These venture capital firms don’t want to…
ProSiebenSat.1 Media SE (OTCPK:PBSFF) Q2 2023 Earnings Conference Call August 3, 2023 4:00 AM ET Company Participants Dirk Voigtlander – Head-Investor Relations and Senior Vice President Bert Habets – Group Chief Executive Officer Martin Mildner – Group Chief Financial Officer Conference Call Participants Thomas Singlehurst – Citi Conor O’Shea – Kepler Annick Maas – Societe…
This is an opinion editorial by Bitcoms, a Bitcoin-focused writer and certified accountant. With mainstream financial management titans such as BlackRock, Fidelity and Vanguard all legitimizing BTC as a financial asset via their interest in offering related products to clients, the “big money” worldwide may well be poised to increase its exposure to bitcoin. These…
Drew Angerer Warren Buffett’s Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) opened the books for the conglomerate’s Q2 2023/ 1H 2023 period on Saturday, 5th August, comfortably beating consensus expectations with $10.04 billion of operating profit. Interestingly, Berkshire posted a strong second quarter despite Buffett’s warning earlier this year that he expects the majority of Berkshire’s businesses to…
Dear Fellow Shareholders: Global equity markets continued to advance in the second quarter, despite slower economic growth, stubbornly elevated inflation, the steepest global interest-rate hiking cycle in four decades, and record debt levels. Remarkably, in the wake of the banking turmoil in the U.S. and Europe, animal spirits have reignited, with growth outperforming value by…
21AERIALS/iStock via Getty Images Last week, I published “The Office REIT Conundrum,” which covered three office real estate investment trusts: Alexandria Real Estate Equities (ARE) Boston Properties (BXP) Highwoods Properties (HIW) We rate two of those a Strong Buy and one a “regular” Buy, while fully acknowledging how the office REIT sector – once an…
IDACORP, Inc. (NYSE:IDA) Q2 2023 Earnings Conference Call August 3, 2023 4:30 PM ET Company Participants Justin Forsberg – Director of Investor Relations and Treasurer Lisa Grow – President and Chief Executive Officer Brian Buckham – Senior Vice President and Chief Financial Officer Adam Richins – Senior Vice President and Chief Operating Officer Tim Tatum…
CHUNYIP WONG Now that individual investors can access direct real estate investments, what should they keep in mind regarding the main US commercial real estate (CRE) sectors and their respective outlooks? To conclude our series, we analyze the prevailing perspectives on the US CRE market and four of its key segments, specifically residential — multifamily,…
Kao Corporation (OTCPK:KAOCF) Q2 2023 Earnings Conference Call August 3, 2023 4:00 AM ET Company Participants Masakazu Negoro – Senior Managing Executive Officer, Responsible for Management Finance Yoshihiro Hasebe – Representative Director, President and Chief Executive Officer Masakazu Negoro Let me explain the first and second items of today’s content, which will be followed by…
Cynthia Shirk/iStock via Getty Images In April, I believed that shares of Mister Car Wash (NYSE:MCW) were still not shining after it has seen strong growth in recent years. While strong growth was to be applauded, higher rents and interest expenses hurt earnings (and essentially profitability per location), making me cautious even as shares were…
Revvity, Inc. (NYSE:RVTY) Q2 2023 Earnings Conference Call August 1, 2023 8:00 AM ET Company Participants Stephen Willoughby – Vice President of Investor Relations Prahlad Singh – President and Chief Executive Officer Maxwell Krakowiak – Senior Vice President and Chief Financial Officer Conference Call Participants Patrick Donnelly – Citi Daniel Leonard – Credit Suisse Matthew…
Darren415 Welcome to another installment of our Preferreds Market Weekly Review, where we discuss preferred stock and baby bond market activity from both the bottom-up, highlighting individual news and events, as well as top-down, providing an overview of the broader market. We also try to add some historical context as well as relevant themes that…
G0d4ather The two-year versus 10-year Treasury spread narrowed 20 bps this week, the largest narrowing since the banking crisis week of March 17th.Ten-year Treasury yields rose eight bps for the week to 4.03% – after trading up to 4.20% early-Friday following the release of July payroll data. This was within two bps of the October…
Perella Weinberg Partners (PWP) Q2 2023 Earnings Conference Call August 3, 2023 9:00 AM ET Company Participants Bruce Jacobs – CFO Nello Mainolfi – Founder, President and CEO Jared Gollob – CMO Justine Koenigsberg – VP, IR Conference Call Participants Marc Frahm – TD Cowen Brad Canino – Stifel Chris Shibutani – Goldman Sachs Michael…