Social Security most likely won't be enough to cover your retirement expenses -- or at least not without having to cut corners in a significant way. If you want to be able to enjoy your senior years, it's important to build savings to supplement your monthly Social Security checks. As of 2022, the last year for which there's data available, the median retirement savings balance among people 65 to ...
Social Security most likely won't be enough to cover your retirement expenses -- or at least not without having to cut corners in a significant way. If you want to be able to enjoy your senior years, it's important to build savings to supplement your monthly Social Security checks. As of 2022, the last year for which there's data available, the median retirement savings balance among people 65 to 74 was $200,000. With similar savings, you may only have limited financial wiggle room in retirement. Image source: Getty Images. Continue reading
Sir Jeffrey Donaldson, the former Democratic Unionist Party (DUP) leader, is on trial for 18 sex abuse charges, including one count of rape, all of which he denies.
Sir Jeffrey Donaldson, the former Democratic Unionist Party (DUP) leader, is on trial for 18 sex abuse charges, including one count of rape, all of which he denies.
Shares of Kratos Defense & Security Solutions may be down 55% from their January highs, but JPMorgan thinks the sell-off is over and it's time to buy. The bank upgraded the stock to overweight from neutral, while lowering its price target to $82. That indicates an almost 40% gain from Thursday's close. Analyst Seth Seifman said in a note that the stock still isn't cheap — with Kratos trading at 76...
Shares of Kratos Defense & Security Solutions may be down 55% from their January highs, but JPMorgan thinks the sell-off is over and it's time to buy. The bank upgraded the stock to overweight from neutral, while lowering its price target to $82. That indicates an almost 40% gain from Thursday's close. Analyst Seth Seifman said in a note that the stock still isn't cheap — with Kratos trading at 76 times forward earnings — but notes that investors have been awarding high-growth companies in this sector with elevated premiums. "Kratos has distinguished itself by winning and executing new work, partnering with the industry's biggest players, providing more affordable high-end systems, and investing ahead of need, which is what [the Defense Department] wants contractors to do," wrote Seifman. KTOS YTD mountain KTOS year-to-date. However, Seifman said the company still needs to make progress throughout the year on sales and margins, and the cash they need to keep funding their growth remains high. But while it needs to keep spending, Seifman is finding comfort in the company's improving balance sheet. "Kratos's expected cash outflow of ~$100m this year would be smaller than last year's $137m and reflects capex and working capital to support anticipated top line growth," he wrote. "Cash flow is where Kratos has seen the most pressure on guidance and continued wins mean this could persist, but the market is more accepting when the top line is growing briskly." Kratos was up more than 3% in premarket trading Friday.
filo Amalgamated Financial's ( AMAL ) board has authorized a $31.4M expansion to its existing common stock repurchase program. Before this fresh authorization, the company had $8.6M remaining under its previous buyback plan. This latest injection brings the total capital authorized for future share repurchases to $40M. Notably, the enhanced buyback program has no expiration date. According to the ...
filo Amalgamated Financial's ( AMAL ) board has authorized a $31.4M expansion to its existing common stock repurchase program. Before this fresh authorization, the company had $8.6M remaining under its previous buyback plan. This latest injection brings the total capital authorized for future share repurchases to $40M. Notably, the enhanced buyback program has no expiration date. According to the regulatory disclosure, Amalgamated Financial is under no obligation to acquire a specific number of shares. Actual buyback activity will depend heavily on prevailing market conditions, stock valuation, and alternative corporate liquidity needs. The board also retains the right to suspend, modify, or discontinue the program at any time. More on Amalgamated Bank Amalgamated Financial Corp. 2026 Q1 - Results - Earnings Call Presentation Amalgamated Financial Corp. (AMAL) Q1 2026 Earnings Call Transcript Amalgamated Financial Isn't Ready For A Downgrade Yet The 10 least attractive small-cap financial stocks in the U.S. Amalgamated raises 2026 net interest income target to $333M while shifting to ~8% balance sheet growth
Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888) today announced that AmiGo, the on-demand autonomous mobility service developed through a partnership between Apollo Go and PostBus, has received a special operating permit from the Federal Roads Office (FEDRO) for Level 4 autonomous operations in Eastern Switzerland. AmiGo vehicles have been conducting open-road testing since June 1, 2026, marking a major...
Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888) today announced that AmiGo, the on-demand autonomous mobility service developed through a partnership between Apollo Go and PostBus, has received a special operating permit from the Federal Roads Office (FEDRO) for Level 4 autonomous operations in Eastern Switzerland. AmiGo vehicles have been conducting open-road testing since June 1, 2026, marking a major development in Apollo Go's European expansion and validating the global readiness of its autonomous
Beijing confirmed on Friday the arrest of Min Zin, a US citizen and political analyst at a Myanmar-focused think tank, on suspicion of espionage and endangering national security. “It is understood that Min Zin has been placed under criminal detention by the relevant authorities in accordance with the law on suspicion of engaging in espionage and endangering China’s national security,” foreign min...
Beijing confirmed on Friday the arrest of Min Zin, a US citizen and political analyst at a Myanmar-focused think tank, on suspicion of espionage and endangering national security. “It is understood that Min Zin has been placed under criminal detention by the relevant authorities in accordance with the law on suspicion of engaging in espionage and endangering China’s national security,” foreign ministry spokesman Lin Jian said Friday. He did not provide further details of the allegations, but...
_ultraforma_/iStock Unreleased via Getty Images Citigroup ( C ) has sold its Polish consumer banking business to VeloBank, a bank providing financial solutions to individuals and small and medium-sized companies. The sale was first announced in May 2025. Bank Handlowy w Warszawie, which operates under the Citi Handlowy brand, said the sale included wealth management, micro business banking, credit...
_ultraforma_/iStock Unreleased via Getty Images Citigroup ( C ) has sold its Polish consumer banking business to VeloBank, a bank providing financial solutions to individuals and small and medium-sized companies. The sale was first announced in May 2025. Bank Handlowy w Warszawie, which operates under the Citi Handlowy brand, said the sale included wealth management, micro business banking, credit cards, consumer loans, deposits and assets under management, consumer clients of the brokerage business, branches, and other consumer-related assets, as well as the transfer of ~1,600 Citi employees. The New York-based banking giant retains its institutional client businesses in Poland. The divestiture, which marks the final sale of the company's international consumer businesses apart from the largely completed wind-downs and Banamex divestiture, allows Citi to focus on its five core businesses to deliver growth and improved returns. "Poland remains a critical institutional market for Citi and we are immensely proud of Bank Handlowy’s 156-year history and of our people there. This transaction sharpens our focus, allowing us to enhance our institutional businesses and better connect corporations in Poland to our global network," said Ernesto Torres Cantú, head of international. More on Citigroup Citigroup Inc. (C) Presents at Morgan Stanley US Financials Conference 2026 Transcript Citigroup Upgraded As Q1 Results Confirm Earnings Improvement Direction For Banking Giant Citigroup: Not Only Adopting AI But Also Generating Returns Citi in talks with companies for launch of tokenized shares - report Sen. Warren calls for Wall Street to disclose AI company exposure (updated)
Kathrin Ziegler/DigitalVision via Getty Images Limoneira Company ( LMNR ) is not a typical produce company. It grows and packs lemons and avocados, but the investment case increasingly depends on its land portfolio, water rights, housing development pipeline, and asset monetization. This makes the stock interesting, although also very hard to value. The company has a realistic strategy to move awa...
Kathrin Ziegler/DigitalVision via Getty Images Limoneira Company ( LMNR ) is not a typical produce company. It grows and packs lemons and avocados, but the investment case increasingly depends on its land portfolio, water rights, housing development pipeline, and asset monetization. This makes the stock interesting, although also very hard to value. The company has a realistic strategy to move away from a lower-value, lemon-heavy model toward higher avocado production, more efficient citrus packing, and monetization of land and water assets. However, current financial results do not yet prove that the company has achieved this transition. Therefore, I rate Limoneira as a Hold, not a Buy. Business Quality: More Than a Lemon Grower Limoneira is a long-time agribusiness company dating back to 1893. The headquarters of the company is in Santa Paula, CA. At present, Limoneira operates as an agribusiness company with related rental and real estate development activities. Previously, Limoneira might have been considered just another grower of lemons, possessing good pieces of land. This view no longer fits the situation. Management aims to develop Limoneira as a concentrated business built around the following three key areas: production of higher-margin avocados, improving lemon packaging through cooperation with Sunkist, and monetizing real estate and water rights. In particular, the importance of this approach lies in the fact that the lemon business itself is rather challenging. It is subject to price fluctuations due to oversupply, imports, weather conditions, distributor behavior, changes in harvesting seasons, etc. Despite its advantages in terms of large scale and experience, Limoneira cannot enjoy margins characteristic of a consumer brand. It continues selling agricultural commodities amid difficult conditions. The bright side is that Limoneira possesses certain assets that are not available for many produce companies, such as agricultural land, real estate devel...
Jinda Noipho/iStock via Getty Images Rithm Capital Corp. ( RITM ) has, in total, six series of preferred shares outstanding at present. In this analysis, we would be focusing on three series of fixed-to-floating rate preferred stocks, all of which are trading past their call date. These are Series A ( RITM.PR.A ) Series B ( RITM.PR.B ) and Series C ( RITM.PR.C ). The passing of the call date now a...
Jinda Noipho/iStock via Getty Images Rithm Capital Corp. ( RITM ) has, in total, six series of preferred shares outstanding at present. In this analysis, we would be focusing on three series of fixed-to-floating rate preferred stocks, all of which are trading past their call date. These are Series A ( RITM.PR.A ) Series B ( RITM.PR.B ) and Series C ( RITM.PR.C ). The passing of the call date now allows the company to redeem these stocks at their option. This puts investors in a peculiar situation. Moreover, Series A and Series B both are trading at or above par, enhancing both their probability of redemption and exposing investors to a slight but not immaterial capital loss if the company were to redeem those securities in the near term. Series C, however, is trading at a slight discount to par at $24.5 at present, thereby mitigating the call risk, but only on a relative basis versus the other two series of preferred securities. The SOFR spread for Series C is the lowest among the three; however, the difference in overall coupon is to an extent offset by the price differentials to par among these. Still, however, Series C offers a relatively lower yield among the three. market price ( Seeking Alpha) Still, however, since the call date is past for the issue, and as a matter of fact, the company has already executed a partial redemption in March 2025 , while shortly thereafter issuing other fixed-rate series such as RITM.PR.E or the latest fixed-rate reset issue RITM.PR.F. partial $50 million redemption of series A preferred stock (Company announcement) I would cover the remaining three series in another write-up, but for now, the characteristics of these three series shares, which are trading post-call date, are broadly identical. The slight discount to par value for Series C relative to Series A and Series B is offset by the series having a comparatively lower yield, and similarly, the relatively higher yield of A and B versus C is challenged by their trading at or ...
The pitch behind the Dan Ives Wedbush AI Revolution ETF (NASDAQ:IVES) was simple when it launched. Wall Street’s loudest AI bull would put his name on a basket of the companies he had been pounding the table about for three years, and you could buy the basket. The honest read on the first few months ... Dan Ives’ Own ETF Is Up 27% YTD. The AI Revolution Trade Is Real.
The pitch behind the Dan Ives Wedbush AI Revolution ETF (NASDAQ:IVES) was simple when it launched. Wall Street’s loudest AI bull would put his name on a basket of the companies he had been pounding the table about for three years, and you could buy the basket. The honest read on the first few months ... Dan Ives’ Own ETF Is Up 27% YTD. The AI Revolution Trade Is Real.
At the 2026 World Cup , the refs on the field and the officials on the sidelines will be able to use an abundance of tech to help call penalties, spot offside violations, and make other consequential decisions. The video assistant referee system, known as VAR, and the semi-automated offside technology (SAOT) have been used in soccer for years. But the setup at this summer's World Cup represents so...
At the 2026 World Cup , the refs on the field and the officials on the sidelines will be able to use an abundance of tech to help call penalties, spot offside violations, and make other consequential decisions. The video assistant referee system, known as VAR, and the semi-automated offside technology (SAOT) have been used in soccer for years. But the setup at this summer's World Cup represents some of the most advanced uses of adjudication tech to date—not just in soccer, but across all high-level sports. During each match, the pitch will be awash in sensors, cameras, and new computer vision software. One especially notable advancement this year is the use of digital twins. Every player in the World Cup has had their body scanned by a computer. The digital twin of any athlete—which precisely matches their height, limb length, and shoe size—can be dropped into a virtual simulation of the game to determine their exact position relative to the ball, boundary lines, and other players. Officials can use all of this data to help spot infractions, determine penalties, and smooth out the edges of the beautiful game. Read full article Comments
'US-Iran Deal Is Near' Narrative Returns, But Tehran Refuses To Surrender Hormuz Leverage After having heard the same line many, many times before - and yet with no result (instead, more often the opposite of sliding into further conflict and escalation) - Pakistan’s Ministry of Foreign Affairs on Friday welcomed the "progress" made between the United States and Iran in indirect negotiations . CNN...
'US-Iran Deal Is Near' Narrative Returns, But Tehran Refuses To Surrender Hormuz Leverage After having heard the same line many, many times before - and yet with no result (instead, more often the opposite of sliding into further conflict and escalation) - Pakistan’s Ministry of Foreign Affairs on Friday welcomed the "progress" made between the United States and Iran in indirect negotiations . CNN and other mainstream outlets are reporting on this "hint" that an interim deal taking shape (again). But given the pattern and track record of such reporting, which has consistently proven premature, elusive, and often downright false - it's hard not to have cynicism and to see much of this as but crude propaganda aimed at keeping energy prices down . "Both sides welcomed the progress achieved through sustained diplomatic engagement and expressed hope that these efforts will soon lead to a durable understanding and peaceful resolution," according to Pakistan’s readout of a Foreign Ministry call with the European Union's chief diplomat. via AFP And yet, the message out of Iran does not suggest positive momentum or the beginnings of any kind of deal taking shape - though it remains that anything is possible (depending on how much either side is willing to 'give up' their respective red lines and firm positions). Iran is currently saying the Strait of Hormuz is 'firmly' under IRGC control - an assertion the Pentagon has vehemently rejected, with Iranian Admiral Habibollah Sayyari saying it continues to wield "power" over the Gulf region. "The west of the Strait of Hormuz, the strait itself, and the Persian Gulf are under the firm control of the IRGC Navy," Sayyari was quoted as saying in state media. "No vessel can enter without our permission." Another commander also asserted that "We have had and continue to have power in the region" - batting down Trump's words which say Iran's military has been utterly defeated and decimated at this stage. But again, returning to the opti...
Invesco QQQ Trust (NASDAQ:QQQ) is the most familiar way to own the Nasdaq-100, though it is not the cheapest wrapper Invesco offers for the same index. QQQ is the second-most-traded ETF in the United States, holding roughly $470 billion in assets and providing investors with one-ticker exposure to the 100 largest non-financial companies on Nasdaq, ... Forget QQQ as the Same Company Sells the Same ...
Invesco QQQ Trust (NASDAQ:QQQ) is the most familiar way to own the Nasdaq-100, though it is not the cheapest wrapper Invesco offers for the same index. QQQ is the second-most-traded ETF in the United States, holding roughly $470 billion in assets and providing investors with one-ticker exposure to the 100 largest non-financial companies on Nasdaq, ... Forget QQQ as the Same Company Sells the Same Nasdaq-100 for 17% Less