On May 5, 2026, Director Patrick E. Bowe reported the sale of 16,466 shares of The Andersons (NASDAQ:ANDE) common stock in an open-market transaction valued at approximately $1.33 million, according to a SEC Form 4 filing . Transaction value based on SEC Form 4 reported price ($80.76); post-transaction value based on May 5, 2026 closing price of $79.12. * 1-year price change calculated using May 6...
On May 5, 2026, Director Patrick E. Bowe reported the sale of 16,466 shares of The Andersons (NASDAQ:ANDE) common stock in an open-market transaction valued at approximately $1.33 million, according to a SEC Form 4 filing . Transaction value based on SEC Form 4 reported price ($80.76); post-transaction value based on May 5, 2026 closing price of $79.12. * 1-year price change calculated using May 6, 2026 as the reference date. Continue reading
Defence ministers of Ukraine and Sweden talk Gripen fighter jet deal; verbal exchanges escalate over Victory Day parade. What we know on day 1,535 Ukraine’s military has struck a Russian Karakurt-class small missile carrier on the Caspian Sea off Russia’s distant Dagestan region , the Ukrainian general staff said on Thursday. The port of Kaspiysk where the ship was reportedly located is more than ...
Defence ministers of Ukraine and Sweden talk Gripen fighter jet deal; verbal exchanges escalate over Victory Day parade. What we know on day 1,535 Ukraine’s military has struck a Russian Karakurt-class small missile carrier on the Caspian Sea off Russia’s distant Dagestan region , the Ukrainian general staff said on Thursday. The port of Kaspiysk where the ship was reportedly located is more than 1,500km from Kyiv – and closer to Tehran , the Iranian capital. The extent of the damage was being assessed, the Ukrainian general staff posted online. Among its armaments, the Karakurt class can fire Kalibr cruise missiles which Moscow has used to hit civilian targets in Ukraine. Voldoymyr Zelenskyy, the Ukrainian president, expressed satisfaction at the long-range attack and the second assault in eight days on a Lukoil-owned refinery in Perm, near the Ural Mountains . “In a mirror response to Russian strikes, we will continue our long-range sanctions. And in response to Russia’s willingness to move toward diplomacy, we will proceed along the path of diplomacy,” Zelenskyy said. Ukraine’s purchase of Saab-made Gripen fighter jets could be signed within months, Kyiv’s defence minister said on Thursday as he visited his Swedish counterpart in Stockholm. The countries last year signed a letter of intent that could see Sweden supply up to 150 Gripens. The first deliveries are estimated at three years away from any deal being finalised . “We have our plan how to finance it,” said Mykhailo Fedorov, the Ukrainian defence minister. The Swedish minister, Pal Jonson, said a deal to loan, sell or gift existing Gripens of an older model, to be delivered much faster , was progressing well. Moscow has issued increasingly shrill protests and threats as its Victory Day parade on Saturday approaches. Foreign ambassadors have meanwhile rebuffed Russian warnings to evacuate their staff from Kyiv in case Moscow decides to attack. Ukraine has never directly targeted Victory Day commemorations, ...
The US strikes Iranian targets following what it said were attacks on Navy destroyers, as President Donald Trump warned of "violent" escalation unless a deal is signed quickly. It leaves markets in "wait and see" mode as oil nears $100 a barrel. (Source: Bloomberg)
The US strikes Iranian targets following what it said were attacks on Navy destroyers, as President Donald Trump warned of "violent" escalation unless a deal is signed quickly. It leaves markets in "wait and see" mode as oil nears $100 a barrel. (Source: Bloomberg)
IREN Limited (NASDAQ: IREN) shares jumped 27% to $72.28 during after-hours trading on May 7, The move came after the company closed the prior session down 6.77% at $56.85. At press time, the stock had pulled back slightly to $69.45, still up 21.55%. The catalyst was a new strategic ...
IREN Limited (NASDAQ: IREN) shares jumped 27% to $72.28 during after-hours trading on May 7, The move came after the company closed the prior session down 6.77% at $56.85. At press time, the stock had pulled back slightly to $69.45, still up 21.55%. The catalyst was a new strategic ...
DoubleLine Capital ’s Jeffrey Gundlach is repositioning some of his funds for the longshot possibility that the US government could move to alter its existing debt. In an interview with Bloomberg Television, Gundlach suggested that the US could, in response to a future recession, swap out bondholders’ higher-coupon Treasuries and replace them with ones with lower interest payments across the matur...
DoubleLine Capital ’s Jeffrey Gundlach is repositioning some of his funds for the longshot possibility that the US government could move to alter its existing debt. In an interview with Bloomberg Television, Gundlach suggested that the US could, in response to a future recession, swap out bondholders’ higher-coupon Treasuries and replace them with ones with lower interest payments across the maturity curve. To get ahead of such a move, Gundlach has replaced higher-coupon Treasuries in some portfolios — including its flagship — with the lowest-coupon ones of the same maturity. His worry is the US government, in a bid to reduce its interest payments during a future recession, might decide to lower the coupons unilaterally on all outstanding debt. He gave the example of it potentially reducing coupons to 1% from 4%, without changing the maturity of the debt, something he called “the ultimate way of kicking the can down the road.” Should the government do such a thing, bond prices would collapse and the government “would not be allowed to borrow for generations, which is a solution to our debt addiction,” he added. He admitted that the plan would be a longshot for the US government to pull off. “I’m not saying this is a 30% chance, even,” he said, “but what if they say, ‘You know what? Our interest expense is now $3 trillion. We had a recession. Rates have gone up. We’re now issuing 30-year bonds at 6%. We can’t afford it. We’re drowning here.’” Treasury Secretary Scott Bessent has discussed trying to manage the yield curve as a tool to manage the US debt load, and Gundlach said he sees the scenario he laid out as a version of that strategy. “What if they go crazy,” he said in the wide-ranging interview from his firm’s Los Angeles offices, where he also mused about private credit and the price of gold.
Earnings Call Insights: Corpay, Inc. (CPAY) Q1 2026 Management view Corpay framed Q1 as an upside-driven quarter and raised its full-year targets, with Chairman, President & CEO Ronald F. Clarke stating, "We reported revenue of $1.26 billion, up 25% and cash EPS of $5.80, up 29%" and adding, "about 2/3 of our $50 million Q1 revenue beat versus guidance was really just better performance across the...
Earnings Call Insights: Corpay, Inc. (CPAY) Q1 2026 Management view Corpay framed Q1 as an upside-driven quarter and raised its full-year targets, with Chairman, President & CEO Ronald F. Clarke stating, "We reported revenue of $1.26 billion, up 25% and cash EPS of $5.80, up 29%" and adding, "about 2/3 of our $50 million Q1 revenue beat versus guidance was really just better performance across the board, not macro related." Clarke highlighted mix shift and segment momentum, saying, "Q1 overall organic revenue growth, 11%" and noting Corporate Payments "grew 16%, that's 18%, excluding flow compression, and did reach 40% of our overall revenues in the quarter," while Vehicle Payments "grew 10%" and "Lodging improved meaningfully sequentially, landing flat for the quarter." Clarke tied the raised full-year outlook to Q1 upside, macro, and divestitures, saying, "we're raising full year 2026 revenue guidance today to $5.290 billion at the midpoint" and "raising full year 2026 cash EPS guidance to $26.70 at the midpoint," while also stating, "We'll also net out $75 million from rest of year revenue to reflect the divestiture of PayByPhone on March 31." Chief Financial Officer Peter Walker reinforced the operating cadence and key drivers, saying, "The headline for the quarter is significant overperformance with 25% top line and 29% bottom line growth" and adding, "Corporate Payments delivered 16% organic growth for the quarter despite a 200 basis point drag from float revenue compression driven by lower interest rates." Walker described Corporate Payments activity levels and integration progress, including, "spend volumes, which increased organically 43% to $82 billion" and "Approximately 15% of Alpha corporate volume has already been migrated to our global tech platform with the next wave of migration planned for Q2," while Clarke emphasized new cross-border infrastructure steps: "We just signed JPMorgan and BVNK agreements, to speed the addition of blockchain rails to ou...