Appeals Court Backs Ruling That Denver Must Pay $14 Million To George Floyd Protesters Authored by Jacki Thrapp via The Epoch Times (emphasis ours), The U.S. Court of Appeals for the 10th Circuit upheld a jury’s verdict that ordered the City and County of Denver to pay 12 George Floyd protesters $14 million for “unconstitutional” use of force during 2020 rallies. Police officers walk through a clo...
Appeals Court Backs Ruling That Denver Must Pay $14 Million To George Floyd Protesters Authored by Jacki Thrapp via The Epoch Times (emphasis ours), The U.S. Court of Appeals for the 10th Circuit upheld a jury’s verdict that ordered the City and County of Denver to pay 12 George Floyd protesters $14 million for “unconstitutional” use of force during 2020 rallies. Police officers walk through a cloud of tear gas as they try to disperse people protesting against the death of George Floyd in front of the Colorado State Capitol, in Denver, Colo., on May 30, 2020, amid nationwide protests and riots. Michael Ciaglo/Getty Images The three-judge panel explained their decisions in a pair of rulings published on April 21. The court agreed that the Colorado city was liable for the unconstitutional force that officers used against the 12 protesters between May 28 and June 2. Court documents showed the Denver Police Department “exhausted its supply of 30,000 pepper balls and had to restock” after the first day of protests and did not require officers to activate their body cameras. The Denver Police Department defended its officers, suggesting they “acted reasonably in response to the unprecedented circumstances they encountered” by “violent and destructive” crowds. “ We reject Denver’s arguments and uphold the jury’s verdict ,” the judges ruled. “We do so based specifically on the jury’s finding that Denver inadequately trained its officers.” The Denver Police Department declined to comment on Tuesday’s decisions by the Colorado-based appeals court. The department has since implemented a series of changes , based on what it learned from being one of the cities that was involved in the high-profile police brutality protests that spread across the nation. The department’s changes include how it documents the use-of-force during protests, how it tracks “less-than-lethal munitions,” and how body cameras and officer identification is used. In a separate, but related, decision, the c...
Since the Great Recession in 2008, Michael Burry has been one of the more closely followed investors on Wall Street. As many know, Burry was part of an elite group of investors that saw the housing bubble form in the lead-up to the Great Recession. Burry found ways to bet on the bubble popping by purchasing credit default swaps on mortgage bonds, which is essentially insurance that pays out if the...
Since the Great Recession in 2008, Michael Burry has been one of the more closely followed investors on Wall Street. As many know, Burry was part of an elite group of investors that saw the housing bubble form in the lead-up to the Great Recession. Burry found ways to bet on the bubble popping by purchasing credit default swaps on mortgage bonds, which is essentially insurance that pays out if the bonds collapse. Burry and his firm at the time, Scion Capital, would go on to make hundreds of millions on this bet. This series of events was depicted in the movie "The Big Short," in which Burry was played by Oscar-winner Christian Bale. Continue reading
Astera Labs has emerged as a top-tier artificial-intelligence play, riding a wave of enormous infrastructure spending. A series of filings with the Securities and Exchange Commission show CEO Jitendra Mohan has sold 462,598 shares since the beginning of April for proceeds of nearly $77 million. All sales were carried out under a Rule 10b5-1 trading plan Mohan adopted last December to sell up to 90...
Astera Labs has emerged as a top-tier artificial-intelligence play, riding a wave of enormous infrastructure spending. A series of filings with the Securities and Exchange Commission show CEO Jitendra Mohan has sold 462,598 shares since the beginning of April for proceeds of nearly $77 million. All sales were carried out under a Rule 10b5-1 trading plan Mohan adopted last December to sell up to 900,000 shares by March 16, 2027.
Earnings Call Insights: Eagle Financial Services (EFSI) Q1 2026 Management View “Our first quarter results reflect continued progress executing against our long-term strategy even as we navigate a more normalized growth environment following the liquidity events that we discussed throughout 2025,” said Brandon Lorey (President, CEO & Director), while also noting that “earnings declined modestly fr...
Earnings Call Insights: Eagle Financial Services (EFSI) Q1 2026 Management View “Our first quarter results reflect continued progress executing against our long-term strategy even as we navigate a more normalized growth environment following the liquidity events that we discussed throughout 2025,” said Brandon Lorey (President, CEO & Director), while also noting that “earnings declined modestly from the fourth quarter,” alongside “margin expanded, the efficiency ratio improved meaningfully, and the credit quality remains well controlled.” Lorey highlighted funding and balance sheet actions, saying “net interest margin increased to 3.63%, driven primarily by continued improvement in funding costs and the benefits of last year's balance sheet repositioning,” and added that “we reduced wholesale borrowings meaningfully during the quarter,” with “liquidity… ample” and capital “exceed[ing] well-capitalized regulatory thresholds.” “We reported net income of $3.7 million compared to $4.3 million in the fourth quarter,” said Kathleen Chappell (Executive VP & CFO), adding “net interest income totaled $15.9 million” and “noninterest income totaled $4.9 million,” while “noninterest expense declined to $14.2 million, down $1.3 million from the fourth quarter.” Joseph Zmitrovich (President & Chief Banking Officer of Bank of Clarke) framed Q1 lending as steady but impacted by runoff and sales: “Loan balances declined modestly during the quarter, driven primarily by the continued amortization of the Marine portfolio and the sale of approximately $7.5 million of SBA loan,” while also reporting “$81 million in loan closings in the first quarter” and a “solid” pipeline at “$275 million.” Outlook No formal EPS, revenue, or net interest margin guidance was provided in these prepared remarks. Chappell flagged potential near-term volatility tied to a specific credit: “We are actively managing one large problem relationship that is well identified and closely monitored,” and “as we move i...
Moussa81/iStock via Getty Images Newmont ( NEM ) up 5.9% in Friday's trading after easily beating Q1 adjusted earnings estimates, as record gold prices helped offset lower production, and announcing plans to repurchase $6B in shares. Q1 net income amounted to $3.3B, adjusted net income totaled $3.2B, or $2.90/share, adjusted EBITDA climbed to $5.2B, and free cash flow reached a quarterly record $...
Moussa81/iStock via Getty Images Newmont ( NEM ) up 5.9% in Friday's trading after easily beating Q1 adjusted earnings estimates, as record gold prices helped offset lower production, and announcing plans to repurchase $6B in shares. Q1 net income amounted to $3.3B, adjusted net income totaled $3.2B, or $2.90/share, adjusted EBITDA climbed to $5.2B, and free cash flow reached a quarterly record $3.1B. Q1 attributable gold production fell to 1.3M oz from 1.54M oz in the year-earlier quarter, and gold all-in sustaining costs dropped to $1,029/oz, reflecting lower output at the Boddington mine in Australia due to bushfires, weaker grades and heavy rainfall at Tanami in Australia, and lower grades and planned maintenance at Lihir in Papua New Guinea and Cerro Negro in Argentina. Newmont ( NEM ) maintained FY 2026 attributable gold production guidance at 5.26M oz, +/- 5%, gold AISC of $1,680/oz, as well as 9M oz of silver and 30K tons of copper, and attributable capital expenditure of $3.35B. The company expects to generate 23% of total attributable production in Q2, slightly below Q1 levels, while warning Q2 costs would be "notably higher" than Q1 due to higher sustaining capital spending, lower silver production, and increased operating costs at mines including Boddington, Tanami, Lihir, and Peñasquito, as well as the full-quarter impact of Ghana's higher royalty and elevated oil prices. "For every $10 per barrel change in oil prices, we would expect a ~$60M impact on costs, which equates to a ~$12/oz impact on all‑in sustaining costs," Newmont ( NEM ) interim CFO Peter Wexler said in the company's earnings conference call . More on Newmont Newmont Q1 2026 Earnings Call Presentation Newmont Is Simpler, Richer, And Still Mispriced Newmont: A Falling Golden Knife Worth Catching Now (Upgrade)
Euro-zone inflation probably jumped in April to the highest in 2 1/2 years as fallout from the Iran war squeezed economies across the currency area. Annual price growth of 3% is what analysts now forecast for data scheduled to arrive on Thursday, according to the median of 28 predictions. That would intensify the pressure on consumers after a jump in March that was the most since the 2022 outbreak...
Euro-zone inflation probably jumped in April to the highest in 2 1/2 years as fallout from the Iran war squeezed economies across the currency area. Annual price growth of 3% is what analysts now forecast for data scheduled to arrive on Thursday, according to the median of 28 predictions. That would intensify the pressure on consumers after a jump in March that was the most since the 2022 outbreak of war in Ukraine. The new reading would be a whole percentage point above the European Central Bank ’s 2% goal, underscoring how sharply the Middle East conflict, and the snarl-up of energy supplies centered on the Strait of Hormuz, is impacting households and businesses in the euro zone. The outcome will arrive just hours before the latest decision of policymakers in Frankfurt, when they may hold off on an interest-rate hike in tandem with peers from across the Group of Seven. Euro-zone officials want to avoid a move before their June meeting, when new quarterly forecasts will be available to them. What Bloomberg Economics Says... “Inflation in the euro area will likely accelerate again in April, driven by higher energy costs. Bloomberg Economics expects the price increases to be broadly in line with the baseline scenario of the ECB’s staff economists. That, together with the month’s weaker-than-expected PMI data, cast doubt on the aggressive monetary policy tightening being priced in by financial markets.” — Simona Delle Chiaie and David Powell . For full Preview, click here As with the rest of the region, Germany — Europe’s biggest economy — is seeing the energy shock playing out as a hit both to growth and inflation. Its own price gauge due on Wednesday may show an annual increase of 3.1%, while growth is seen to have slowed to 0.2% in the first quarter, which ended with the first month of war. Those latter data come on Thursday, though they may prove only a prelude before the full impact of the conflict hits the economy. “It’s a textbook case of stagflation,” Clemens...
Wirestock/iStock Editorial via Getty Images Introduction Norfolk Southern ( NSC ) just released its Q1 2026 earnings . Yet, the most important report for the stock was not its own but Union Pacific's ( UNP ). As the latter jumped up 7% , so did NSC. Since July 29, 2025, the two stocks have been more and more correlated. This makes sense because under the UNP- NSC deal, the math implies that NSC sh...
Wirestock/iStock Editorial via Getty Images Introduction Norfolk Southern ( NSC ) just released its Q1 2026 earnings . Yet, the most important report for the stock was not its own but Union Pacific's ( UNP ). As the latter jumped up 7% , so did NSC. Since July 29, 2025, the two stocks have been more and more correlated. This makes sense because under the UNP- NSC deal, the math implies that NSC shareholders will receive, upon closing, 1 UNP share and $88.82 cash, which means that the implied value for NSC was $326 per share. The market is repricing the deal closure probability, and the more this happens, the more NSC trades up and down with UNP because their dollar moves converge. Data by YCharts However, in percentage terms, NSC should move a bit less than UNP because part of the deal is cash, and cash doesn't move with UNP's stock price. Once the deal was announced, there was room for an arbitrage play , where NSC shares were basically a call option on the deal closure. Today, the optionality on the deal is not cheap, and buying NSC today is more similar to a short put with a $4-$5 premium to absorb a risk of $88 per share if the deal breaks. This is not the payoff structure that people signed up for when they became NSC shareholders. If the deal closes, however, there is no real risk. Personally, I think the refiling the STB requested is actually a favorable event for the birth of the first American transcontinental Class 1 railroad. So, I don't think NSC shareholders should worry that much. So, while I don't think NSC is a buy right now because of the pending deal, I still think that it is important to keep monitoring how the railroad is doing, both because it could soon be a key component of a new railroad and because it can tell us updated numbers on important economic activity in the country. Norfolk Southern's Q1 2026 Earnings Review When we look at NSC's results, we see that revenues were flat YoY to $3B. Merchandise reported volume growth of 1%, Intermodal...
Palantir Stock Is Down 20% in 2026. Why This Analyst Says It’s a Buy. Barron's Why Palantir’s Story Just Entered A New Phase (NASDAQ:PLTR) Seeking Alpha Palantir Technologies Inc. (PLTR) Dips More Than Broader Market: What You Should Know Yahoo Finance
Palantir Stock Is Down 20% in 2026. Why This Analyst Says It’s a Buy. Barron's Why Palantir’s Story Just Entered A New Phase (NASDAQ:PLTR) Seeking Alpha Palantir Technologies Inc. (PLTR) Dips More Than Broader Market: What You Should Know Yahoo Finance
Azerbaijan’s State Oil Fund sold about 22 tons of gold in the first quarter of the year, after a record-breaking rally pushed the sovereign wealth fund’s allocation of the metal to its maximum threshold. The sales — worth more than $3 billion at current prices — mark the first time the fund has sold down its gold reserves since it started buying in 2012 , according to its quarterly releases. In re...
Azerbaijan’s State Oil Fund sold about 22 tons of gold in the first quarter of the year, after a record-breaking rally pushed the sovereign wealth fund’s allocation of the metal to its maximum threshold. The sales — worth more than $3 billion at current prices — mark the first time the fund has sold down its gold reserves since it started buying in 2012 , according to its quarterly releases. In recent years, the fund known as Sofaz has been one of the biggest state-owned gold buyers, alongside central banks that have played a key role in driving gold prices to record highs. While the fund didn’t disclose the reason for its sales, surging gold prices had helped to lift the value of Sofaz’s bullion to 38% of its $74 billion in total assets by the end of 2025. Gold can compose up to 35% of the portfolio, with a maximum upper deviation of 4%, according to the fund’s website. Gold faced a major selloff towards the end of the first quarter as the war in Iran sparked turmoil across financial markets. A rallying dollar and surging oil prices have heaped pressure on emerging-market economies, prompting some to sell their gold holdings in a bid to protect their currencies. Read More: Turkey’s $8 Billion Gold Drawdown on Iran War Hits Bullion Sofaz’s overall portfolio was mostly unchanged by the end of the first quarter, with weakness in equity and bonds offset by gains from gold holdings. Sofaz wasn’t immediately able to provide comment.
CAISSE REGIONALE DE CREDIT AGRICOLE MUTUEL SUD RHONE ALPES SOCIETE COOPERATIVE A CAPITAL VARIABLE Au capital actuel de 69 689 007,75 euros Siège social : 12 Place de la Résistance - CS 20067 - 38041 GRENOBLE CEDEX 9 402 121 958 RCS GRENOBLE
CAISSE REGIONALE DE CREDIT AGRICOLE MUTUEL SUD RHONE ALPES SOCIETE COOPERATIVE A CAPITAL VARIABLE Au capital actuel de 69 689 007,75 euros Siège social : 12 Place de la Résistance - CS 20067 - 38041 GRENOBLE CEDEX 9 402 121 958 RCS GRENOBLE
Every weekday, the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Friday's key moments. 1. Stocks were mostly higher on Friday, with the Dow slightly down, and the S & P 500 and Nasdaq higher. All the action was in the Nasdaq as chip stocks rallied for the 18th day in a row; this time, Intel' s huge quarter and more than 20% stock pop i...
Every weekday, the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Friday's key moments. 1. Stocks were mostly higher on Friday, with the Dow slightly down, and the S & P 500 and Nasdaq higher. All the action was in the Nasdaq as chip stocks rallied for the 18th day in a row; this time, Intel' s huge quarter and more than 20% stock pop is the fuel. While encouraged by the move in chips — especially for our newest position, Arm , which has been on fire — Jim Cramer said he's not a big fan of Friday's market. He feels it was too heavily weighted in tech, and would like to see a broader rally. Jim blames oil, which he said has not come down enough to get investors deploying capital into other areas. While the Morning Meeting was being recorded, news was breaking that the Justice Department dropped the criminal probe of Fed Chairman Jerome Powell , removing a hurdle to the confirmation of his would-be successor, Kevin Warsh . Earlier this week, the Senate Banking Committee held a hearing on Warsh's nomination by President Donald Trump. 2. Ahead of next week's earnings, Jim said, "We're still recommending Corning." He recognized that Corning stock has been on a tear, doubling year to date. Fiber-optic cabling, which is Corning's bread and butter, is highly sought-after to replace copper in the age of AI data centers. Fiber runs fast and cooler, a winning combination for power-hungry data centers. We are anxious to hear if management has cut any more supply deals with hyperscalers. Supporting this year's surge in Corning, Meta Platforms agreed back in January to pay up to $6 billion through 2030 to put Corning fiber in its AI data centers. 3. Nine other Club names are reporting earnings next week. Microsoft is one of them. Jim said he "wouldn't sell" the software and cloud giant. He acknowledges the stock has hit a rough patch. But he thinks CEO Satya Nadella recognizes the problems and has begun to address them...
Fenne/iStock via Getty Images Foreword This article is one of 15 Dividend Dog collections features in Seeking Alpha by this reporter who tags himself, the "Dividend Dogcatcher." I am Fredrik Arnold and, as the Dividend Dogcatcher, I have devised a series of twenty keystone essays that change little but for the essential graphic and statistical daily, weekly, monthly, quarterly, or annual data that...
Fenne/iStock via Getty Images Foreword This article is one of 15 Dividend Dog collections features in Seeking Alpha by this reporter who tags himself, the "Dividend Dogcatcher." I am Fredrik Arnold and, as the Dividend Dogcatcher, I have devised a series of twenty keystone essays that change little but for the essential graphic and statistical daily, weekly, monthly, quarterly, or annual data that support a cadre of over 30,000 followers. Those fifteen keystone Dogcatcher essays include the following indices and publications: Dogs of the Dow S&P500 S&P600 Berkshire Hathaway Fortune 500 Kiplinger Reports Aristocrats Dividend Kings Barron's Pro Picks Reader Favorites & /Rogues (ReFa/Ro) Sustainables (Barron's) Bloomberg Intelligence Power Dividends Ben Graham Value All Stars (GVAS) Monthly Payers (MoPays) To learn the 14 Ideal Graham All-Star equities paying "safer" dividends, see the conclusion of this article, in the Afterword. (You might even start at the afterword and work your way back to the front.) About Large Cap Value "A Value ranking for large cap stocks from YCharts puts together complementary strategies found during stock research. The value ranking looks at the price of a stock relative to a number of measurements that determine intrinsic firm value. Only the largest 10% of companies based on market cap are shown in this portfolio. What it is: The Value Score is a composite score. It tells you how much you are getting in terms of profits, cash flows, assets, sales, etc. for the stock price that you pay. It is a relative measurement, so it says nothing about the overall level of the market. Rather, it answers the question: "Given the current market level, which stocks give you the most current value for your dollar of investment?" Tens are the most value, and 1's are the least. How to use it: Use it to find companies that are selling at a low price relative to their assets and profits. Limitations of the Value Score: Watch out for companies with a lot of u...