Joa_Souza/iStock Unreleased via Getty Images Braskem ( BAK ) up 1.7% in Monday's trading as the Brazilian petrochemical company said Novonor and NSP Investimentos signed an agreement to sell control of the company to private equity fund Shine I, which is controlled by asset manager IG4 Capital, Reuters reported. IG4 confirmed the deal in a separate statement, saying the transfer of shares is exp...
Joa_Souza/iStock Unreleased via Getty Images Braskem ( BAK ) up 1.7% in Monday's trading as the Brazilian petrochemical company said Novonor and NSP Investimentos signed an agreement to sell control of the company to private equity fund Shine I, which is controlled by asset manager IG4 Capital, Reuters reported. IG4 confirmed the deal in a separate statement, saying the transfer of shares is expected to be completed within the next 30 days, subject to required legal and regulatory approvals. Also within 30 days, Shine I and oil company Petrobras ( PBR ) are expected to sign a new shareholders' agreement governing Braskem ( BAK ). Petrobras ( PBR ), which currently owns 47% of Braskem's ( BAK ) voting shares and 36.1% of its total shares, said it is evaluating the terms of the transaction to make a final decision regarding its waiver rights. The agreement details the conditions for the court-supervised sale of common shares and Class A preferred shares representing ~50.1% of Braskem's ( BAK ) voting shares and ~34.3% of its total shares, Braskem and IG4 said. More on Braskem Braskem Q4 2025 Earnings Call Presentation Braskem: Weak Spreads Persist, But Governance Risks Are Easing (Rating Upgrade) Braskem: Three Key Reasons To No Longer Be So Bearish For 2026 (Rating Upgrade)
Cook, who will assume the role of executive chairman, will be succeeded by John Ternus as CEO on 1 September Apple announced Monday that it had named a replacement for Tim Cook as CEO, with head of hardware engineering John Ternus to succeed him. “It has been the greatest privilege of my life to be the CEO of Apple and to have been trusted to lead such an extraordinary company. I love Apple with a...
Cook, who will assume the role of executive chairman, will be succeeded by John Ternus as CEO on 1 September Apple announced Monday that it had named a replacement for Tim Cook as CEO, with head of hardware engineering John Ternus to succeed him. “It has been the greatest privilege of my life to be the CEO of Apple and to have been trusted to lead such an extraordinary company. I love Apple with all of my being,” Cook said in a press release. Continue reading...
May WTI crude oil (CLK26) on Monday closed up +5.76 (+6.87%), and May RBOB gasoline (RBK26 ) closed up +0.1120 (+3.73%). Crude oil and gasoline prices settled sharply higher on Monday after Iran on Saturday said the Strait of Hormuz was closed for shipping following a refusal by the US...
May WTI crude oil (CLK26) on Monday closed up +5.76 (+6.87%), and May RBOB gasoline (RBK26 ) closed up +0.1120 (+3.73%). Crude oil and gasoline prices settled sharply higher on Monday after Iran on Saturday said the Strait of Hormuz was closed for shipping following a refusal by the US...
Andrew Gosden, partner at Apollo Management, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on "Bloomberg ETF IQ." They discuss the State Street IG Public & Private Credit ETF (ticker: PRIV). The fund has amassed more than $800 million in assets since its launch in February of 2025. (Source: Bloomberg)
Andrew Gosden, partner at Apollo Management, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on "Bloomberg ETF IQ." They discuss the State Street IG Public & Private Credit ETF (ticker: PRIV). The fund has amassed more than $800 million in assets since its launch in February of 2025. (Source: Bloomberg)
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
In trading on Monday, shares of Shoe Carnival, Inc. (Symbol: SCVL) crossed above their 200 day moving average of $19.52, changing hands as high as $19.73 per share. Shoe Carnival, Inc. shares are currently trading up about 3.9% on the day. The chart below shows the one year pe
In trading on Monday, shares of Shoe Carnival, Inc. (Symbol: SCVL) crossed above their 200 day moving average of $19.52, changing hands as high as $19.73 per share. Shoe Carnival, Inc. shares are currently trading up about 3.9% on the day. The chart below shows the one year pe
In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, Analog Devices Inc (Symbol: ADI) has taken over the #58 spot from Boeing Co. (Symbol: BA), according to The Online Investor. Market capitalization is an important dat
In the latest look at the underlying components of the S&P 500 ordered by largest market capitalization, Analog Devices Inc (Symbol: ADI) has taken over the #58 spot from Boeing Co. (Symbol: BA), according to The Online Investor. Market capitalization is an important dat
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
Tim Cook Stepping Down As Apple CEO; John Ternus, Head Of Hardware, Will Take Over Confirming long-standing rumors of Tim Cook's replacement, after hours Apple announced that Tim Cook will step down as CEO and become executive chairman of Apple’s board of directorsm while John Ternus, senior vice president of Hardware Engineering whose name has been speculated as the next boss of Apple, will becom...
Tim Cook Stepping Down As Apple CEO; John Ternus, Head Of Hardware, Will Take Over Confirming long-standing rumors of Tim Cook's replacement, after hours Apple announced that Tim Cook will step down as CEO and become executive chairman of Apple’s board of directorsm while John Ternus, senior vice president of Hardware Engineering whose name has been speculated as the next boss of Apple, will become Apple’s next chief executive officer effective on September 1, 2026. The transition was approved unanimously by the Board of Directors. Cook will continue in his role as CEO through the summer as he works closely with Ternus on a smooth transition. As executive chairman, Cook will assist with certain aspects of the company, including engaging with policymakers around the world. “It has been the greatest privilege of my life to be the CEO of Apple and to have been trusted to lead such an extraordinary company. I love Apple with all of my being, and I am so grateful to have had the opportunity to work with a team of such ingenious, innovative, creative, and deeply caring people who have been unwavering in their dedication to enriching the lives of our customers and creating the best products and services in the world,” said Cook. Tim Cook joined Apple in 1998 and became CEO in 2011, overseeing the introduction of numerous products and services, including new categories like Apple Watch, AirPods, and Apple Vision Pro, and services ranging from iCloud and Apple Pay to Apple TV and Apple Music. Under Cook, Apple's market cap grew from $350 billion to $4 trillion, more than 1,000% increase; meanwhile revenue quadrupled, from $108 billion in 2011 to $416 billion in 2025. That's a more than 2x Price/Sales expansion under Cook, who showed that you don't need original ideas, you just need cash for buybacks, to be successful as a CEO. “John Ternus has the mind of an engineer, the soul of an innovator, and the heart to lead with integrity and with honor. He is a visionary whose contr...
May arabica coffee (KCK26 ) on Monday closed up +2.90 (+1.00%), and May ICE robusta coffee (RMK26 ) closed up +94 (+2.77%). Coffee prices settled higher on Monday after Iran said on Saturday that the Strait of Hormuz was closed to shipping following the US refusal to lift a naval...
May arabica coffee (KCK26 ) on Monday closed up +2.90 (+1.00%), and May ICE robusta coffee (RMK26 ) closed up +94 (+2.77%). Coffee prices settled higher on Monday after Iran said on Saturday that the Strait of Hormuz was closed to shipping following the US refusal to lift a naval...
JHVEPhoto/iStock Editorial via Getty Images Zions Bancorporation ( ZION ) was trading lower despite an earnings beat in the first quarter as net interest income and margin fell short of expectations. Shares were 1.81% lower to $61.91 Monday after market hours. The regional lender reported a GAAP EPS of $1.56 for the first quarter of 2026, which compares with the year-ago figure of $1.13 and $1.76 ...
JHVEPhoto/iStock Editorial via Getty Images Zions Bancorporation ( ZION ) was trading lower despite an earnings beat in the first quarter as net interest income and margin fell short of expectations. Shares were 1.81% lower to $61.91 Monday after market hours. The regional lender reported a GAAP EPS of $1.56 for the first quarter of 2026, which compares with the year-ago figure of $1.13 and $1.76 in the fourth quarter of 2025. The consensus stands at $1.43. Net interest income rose 6% from the prior-year quarter to $662M, but was short of the consensus of $675.60M. NII fell 3% on a quarterly basis. Net interest margin rose to 3.27% from the previous year's 3.10%, but remained below the prior quarter's 3.31%. First-quarter NIM fell short of the consensus estimate of 3.31%. During the first quarter, the company reported a negative $7M provision for credit losses, compared with a positive $18M during the same period a year ago. The average analyst estimate for the first quarter loan losses came in at $23.28M. Total deposits stood at $76.9B during the quarter, up from $75.85B estimates. Loans and leases came at $61.3M, up from $60.9M in the prior quarter and $59.9M a year ago. The S&P Cap IQ estimate for Q1 loans stood at $61.2M. The estimated CET1 capital ratio rose to 11.5% at the end of March from 10.8% at the end of December 2025. The Salt Lake City-based bank expects net interest income to grow modestly in the first quarter of 2027 on the back of an earnings asset remix and loan and deposit growth. More on Zions Bancorporation Zions Bancorporation, National Association (ZION) Presents at RBC Capital Markets Global Financial Institutions Conference 2026 Transcript Zions: Strong Investment Setup Zions Bancorporation: Ongoing Strength Zions Bancorporation Q1 2026 Earnings Preview Stocks to watch after market hours on Monday: EL, ZION, BRLXF
Klaus Vedfelt/DigitalVision via Getty Images Barings BDC, Inc. ( BBDC ) is a subsidiаry of MassMutual and a glоbal assеt manаgement platfоrm with a currеnt markеt capitаlization of over $936 million, over 2000 profеssionals, and 35 officеs wоrldwide. Bаrings’ direct lеnding plаtform has оver 30 yeаrs of expеrience invеsting in middlе-market cоmpanies. The commоn stock is trаding at a significant d...
Klaus Vedfelt/DigitalVision via Getty Images Barings BDC, Inc. ( BBDC ) is a subsidiаry of MassMutual and a glоbal assеt manаgement platfоrm with a currеnt markеt capitаlization of over $936 million, over 2000 profеssionals, and 35 officеs wоrldwide. Bаrings’ direct lеnding plаtform has оver 30 yeаrs of expеrience invеsting in middlе-market cоmpanies. The commоn stock is trаding at a significant discount, creating an attractive opportunity for investors. Our readers are familiar with our previous articles about the company, but if you are interested, you can do so here . Now, let’s talk a little more about our idea in the following lines. Assets and portfolio As of the end of 2025, Barings BDC had total assets of $2.63 billion and total debt of $1.44 billion. The fair value investment portfolio of $2.40 billion is nearly 90% of the total assets, and the non-accrual loans are close to 0.2%. BBDC's earnings (barings.com) BBDC's earnings (barings.com) The portfolio includes 333 issuеrs in 28 industriеs. BBDC hаs a clear focus on senior securеd investments - 70% of the portfоlio is in "First Lien", 5% in "Second Lien", 3% in "Mezzаnine", 18% in еquity and structurеd products, and 1% in "JV" structures. By industry, the largest are "Services: Business" (19%), "Banking & Finance" (18%), "High Tech Industries" (10%), and "Healthcare & Pharmaceuticals" (8%). The portfоlio is highly divеrsified - the lаrgest singlе issuеr (Eclipse Businеss Capital) represеnts 6.4% of the total portfоlio, аnd the top 10 issuеrs mаke up 24% of it. BBDC's portfolio highlights (barings.com) BBDC has an investment-grade credit rating from Fitch - BBB- and Moody's - Baa3: BBDC's credit ratings (barings.com) Historical Performance: BBDC's total returns (cefdata.com) The five-year average annual total return on NAV is close to 9.21%, which is higher compared to the peer group's 7.2%. And the 3-year average annual total return on NAV is around 9.74%, 2.77% higher than the peer group. Historical Premi...
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which me
Klaus Vedfelt/DigitalVision via Getty Images Strong Q2 earnings are signaling that markets believe the economic damage from the ongoing conflict will be contained, according to Isabelle Mateos y Lago, group chief economist at BNP Paribas. Earnings expectations have been revised upward rather than downward, reflecting what Mateos y Lago described as “a bet that people have obvious confidence in.” I...
Klaus Vedfelt/DigitalVision via Getty Images Strong Q2 earnings are signaling that markets believe the economic damage from the ongoing conflict will be contained, according to Isabelle Mateos y Lago, group chief economist at BNP Paribas. Earnings expectations have been revised upward rather than downward, reflecting what Mateos y Lago described as “a bet that people have obvious confidence in.” In an interview with Bloomberg Radio, the economist noted an “apparent disconnect” between how well stock markets have performed—with U.S. markets ( SP500 ), ( DJI ), ( COMP:IND ) now above pre-war levels—and the “really enormous uncertainty about the war and the impact it’s going to have on the economy.” She attributed this resilience directly to earnings performance, which has remained strong despite geopolitical turmoil. Speaking after attending IMF meetings in Washington, D.C., Mateos y Lago said the direction of economic forecasts points to “growth revised lower, inflation revised higher.” However, she emphasized that a recession remains unlikely “unless things re-escalate in the Gulf,” noting that the global economy was “starting from a position of strength with fairly good growth momentum everywhere.” The economist highlighted key differences between U.S. and European market performance, explaining that the tech-heavy American market ( COMP:IND ) faces less exposure to energy shocks since the U.S. is a net energy exporter. Germany’s DAX ( DAX:IND ), ( DAX ), ( DAXXF ), being more industrial and carbon-energy intensive, has underperformed, but Mateos y Lago characterized even that as “a bit of a shrug, frankly, compared to what could be the scale of the shocks.” She pointed to “infrastructure and defense public investment” in Germany as factors powering continued growth. Looking beyond immediate geopolitical concerns, investors are focusing on underlying economic transformations. “There’s the AI story. There’s the supply chain rewiring story. There’s a defense story. S...
In trading on Monday, shares of Middlesex Water Co. (Symbol: MSEX) crossed above their 200 day moving average of $53.27, changing hands as high as $54.33 per share. Middlesex Water Co. shares are currently trading up about 5.2% on the day. The chart below shows the one year pe
In trading on Monday, shares of Middlesex Water Co. (Symbol: MSEX) crossed above their 200 day moving average of $53.27, changing hands as high as $54.33 per share. Middlesex Water Co. shares are currently trading up about 5.2% on the day. The chart below shows the one year pe
Over the past ten years, the S&P 500 has rallied about 240%. That's great news if you're a long-term investor who buys the index's top stocks. But if you haven't sold any of those stocks, they might account for much larger percentages of your portfolio than they did a decade ago. Most financial advisors will tell you to rebalance your portfolio at least every year by pruning the stocks that have g...
Over the past ten years, the S&P 500 has rallied about 240%. That's great news if you're a long-term investor who buys the index's top stocks. But if you haven't sold any of those stocks, they might account for much larger percentages of your portfolio than they did a decade ago. Most financial advisors will tell you to rebalance your portfolio at least every year by pruning the stocks that have grown too much from their original allocations. For example, if you have a stock that originally accounted for just 3% of your portfolio but now accounts for more than 10%, it might be smarter to sell some shares to bring that ratio back below 5%. Doing so would improve your diversification and reduce your exposure to the fluctuations of that single stock. Image source: Getty Images. Continue reading
J Studios/DigitalVision via Getty Images The ProShares Russell 2000 Dividend Growers ETF ( SMDV ) is an exchange-traded fund that aims to track the Russell 2000 Dividend Growth Index. While the fund has returned 21.00% and 31.38% on a total returns basis over one-year and three-year periods, SMDV has underperformed when compared to its peers. Additionally, while SMDV previously had a history of di...
J Studios/DigitalVision via Getty Images The ProShares Russell 2000 Dividend Growers ETF ( SMDV ) is an exchange-traded fund that aims to track the Russell 2000 Dividend Growth Index. While the fund has returned 21.00% and 31.38% on a total returns basis over one-year and three-year periods, SMDV has underperformed when compared to its peers. Additionally, while SMDV previously had a history of dividend growth, the fund has recently failed to continue this trend, with a current TTM dividend growth rate of -8.54% (zero consecutive years of growth). My investment thesis is the following: While SMDV provides exposure to small-cap companies with consistent dividend growth histories, its defensive positioning has limited its ability to outperform in the current market environment. The combination of underperformance and declining trailing-twelve-month dividend growth reduces its appeal on both an income and total return basis. Absent a more meaningful shift toward a risk-off environment that favors SMDV’s defensive positioning or a reacceleration of dividend growth, SMDV lacks any compelling near-term catalysts to warrant new capital allocation. For these reasons, I currently assign SMDV a “Hold” rating. Unless a defensive rotation were to materialize or dividend growth were to return to positive, SMDV is likely to continue to underperform its peers. Fund Overview The ProShares Russell 2000 Dividend Growers ETF first came to market in February 2015, giving us a little more than a decade of performance and fund management to consider. As outlined in the fund’s summary prospectus , SMDV is a passively managed index fund, with the goal of tracking the performance of the Russell 2000 Dividend Growth Index. The index is reevaluated annually in June, and weightings reset to equal weight each quarter in March, June, September, and December. According to Seeking Alpha, the fund’s peers consist of other ETFs such as the T Rowe Price Dividend Growth ETF ( TDVG ), Capital Group Div...