Mariana Silvestre/iStock via Getty Images Caleres, Inc. (NYSE:CAL) is an integrated footwear retailer and brand manager. The company owns the Famous Footwear chain, focused on families, and ten different footwear brands, mostly focused on women and in the accessible fashion market. The company has some characteristics that make it more interesting than other footwear retailers,…
da-kuk Friday morning’s release of initial jobless claims disappointed relative to expectations as they climbed up to 218K versus expectations for an increase to only 210K from last week’s reading of 206K. At current levels, jobless claims are rounding out 2023 in the middle of the past couple of years’ range: not as strong as…
Nikada PennantPark Floating Rate Capital (NYSE:PFLT) is a rather conventional BDC, which seeks to generate high-yielding streams of current income and, to a lesser extent, NAV appreciation. PFLT, as most BDCs, targets core middle market investment opportunities. The investments are made in companies, which are primarily backed by PE houses. In terms of the financing…
boonstudio/iStock via Getty Images Invesco S&P Ultra Dividend Revenue ETF (NYSEARCA:RDIV) is a value-heavy high-turnover dividend fund I previously covered in October 2021; back then, it earned a Hold rating from me. Today’s note is supposed to provide an update on its portfolio composition, discuss its performance, and elaborate on why I am against buying…
naphtalina/iStock via Getty Images Investment briefing The equity stock of Chemed Corporation (NYSE:CHE) has rolled over since its impressive run in FY’22—’23 and there are now several updates to discuss. Chief among these are the company’s latest numbers for Q2 FY’23, and a detailed appraisal of its economic characteristics. In my last publication, I outlined…