Osvaldo Hernandez/iStock via Getty Images In August, I took a look at Ball Corporation (NYSE:BALL) after it announced the divestment of its aerospace segment. The company sold its aerospace unit in a $5.6 billion deal in order to streamline operations and reduce debt, with a relative limited impact on earnings seen. The investment case relied…
Realpictures/iStock via Getty Images After years of outperformance against other emerging Asian markets, Indian equities are hardly undervalued. Its consumer sector, which features many of the country’s ‘feel-good’ franchises, still screens richly – since I last covered the fund, Columbia Threadneedle’s sector-focused India Consumer ETF (NYSEARCA:INCO) portfolio has de-rated slightly but remains multiple turns above…
Kimberly Delaney/iStock via Getty Images Thesis I have been researching cannabis companies since the industry-wide rally in early 2021. With most of the industry unable to find positive cash flow through the 280e tax obligation, a majority of the operators in the United States have been unable to find positive cash flow or net income….
bjdlzx Cenovus Energy Inc. (NYSE:CVE) has a strategy that remains largely intact. What changed in the latest quarter was the Toledo Refinery and the Superior Refinery are now heading in a cash flow positive direction after a shut-down. That means that the company has more capacity to upgrade the thermal production in the future while…
lechatnoir The New York Fed’s ‘Household Debt and Credit’ report for Q3 has raised some alarms, with delinquent balances rising for the quarter, particularly in consumer-centric categories like credit card debt and auto loans. Adding to concerns is the additional student loan repayment burden, which, combined with tighter rate-driven financial conditions, could place further upward…
Teka77 Dear readers/followers, In about a week, it’s time for the company E.ON (OTCPK:EONGY) to deliver its third quarter results. If you recall my last time on the business, I was at a “HOLD” back in June of 2023. This was one of my first rating changes on E.ON that I’ve done, ever since being…
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…
omersukrugoksu Earnings of Community Bank System, Inc. (NYSE:CBU) will likely be flattish this year as loan growth will be countered by margin pressure and higher expenses. I’m expecting the company to report adjusted earnings of $3.53 per share, which is close to the estimate given in my last report on the company. The year-end target…
China keeping the fiver-year loan rates unchanged has put breaks on the five weeks rally in the US Dollar. Investors now wait for the Federal Reserve’s Jackson Hole symposium for any further guidance. On Monday, August 21, China announced its decision to cut the one-year benchmark lending rates with authorities seeking to ramp up efforts…