Reports say CMA CGM and LNG vessels make it through waterway effectively closed since start of Iran war Two ships have passed through the strait of Hormuz, according to reports, as shipping companies and international leaders scramble to get vital cargo through the waterway. A vessel owned by the French shipping company CMA CGM has sailed out of the Gulf, the Financial Times reported, citing the s...
Reports say CMA CGM and LNG vessels make it through waterway effectively closed since start of Iran war Two ships have passed through the strait of Hormuz, according to reports, as shipping companies and international leaders scramble to get vital cargo through the waterway. A vessel owned by the French shipping company CMA CGM has sailed out of the Gulf, the Financial Times reported, citing the ship-tracking data analyst MarineTraffic. Continue reading...
Daniel Grizelj/DigitalVision via Getty Images This article covers NestYield Dynamic Income ETF ( EGGY ) as part of Seeking Alpha's ETF educational series. Methodologically, the article assesses EGGY from a neutral perspective where I communicate its mandate, key drivers, nuances as well as matters related to a market participant's portfolio suitability and risk expectations. Headline Methodology E...
Daniel Grizelj/DigitalVision via Getty Images This article covers NestYield Dynamic Income ETF ( EGGY ) as part of Seeking Alpha's ETF educational series. Methodologically, the article assesses EGGY from a neutral perspective where I communicate its mandate, key drivers, nuances as well as matters related to a market participant's portfolio suitability and risk expectations. Headline Methodology EGGY uses factor-based decision-making to invest in a portfolio of U.S. equities. In addition, EGGY overlays its equities portfolio with options strategies such as a covered calls program, tail risk hedging, and standalone bets on index and individual equities. It's mandate is flexible and it doesn't follow a clear rules-based thematic system. Here are some of its operational features: Direct and Indirect Equities Exposure EGGY's equity selection process includes a screening model that filters stocks with criteria such as market capitalization, market share, projected revenue growth, earnings per share growth, price to equity ratio, profit margin, and capital expenditures. The fund's analysts will typically draw equities from its screener, proceed to qualitative analysis and select between 10-25 stocks, which EGGY either owns directly or through options. The following diagram shows EGGY's exposure as-per 01/04/2026 – notice the lean direct ownership in issuers. Figure 1 - Click on Image To Enlarge (NestYield) Treasuries The fund holds treasuries for collateral and additional income. Limited information is provided regarding the total return and risk attribution bound to Treasuries. Options for Tail Risk Hedging EGGY uses put options on indices and individual issuers to protect against material downside risk. It openly admits that the cost of put options can drag on upside gains. As such, its mandate provides freedom to execute spread-based strategies as cost-mitigating tools. For example, it will deploy credit or debt spread hedges (broadly explained via this link ) to manag...
Jessica A. Garascia, Senior Vice President, General Counsel and Secretary of AAR Corp. (NYSE:AIR) , reported the exercise and immediate sale of 6,284 shares of Common Stock for a transaction value of approximately $705,000, according to a SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase price ($112.20); post-transaction value based on March 26, 2026 market close....
Jessica A. Garascia, Senior Vice President, General Counsel and Secretary of AAR Corp. (NYSE:AIR) , reported the exercise and immediate sale of 6,284 shares of Common Stock for a transaction value of approximately $705,000, according to a SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase price ($112.20); post-transaction value based on March 26, 2026 market close. * 1-year price change is calculated using March 26, 2026 as the reference date. Continue reading
Services Sector Contraction In March Screams Q1 Stagflation Following S&P Global's Manufacturing PMI's better than expected print higher (signaling resilience in the face of March's war in Iran), the data released this morning showed the US Services Sector experienced a contraction of activity at the end of the first quarter of 2026. The headline S&P Global US Services PMI Business Activity Index ...
Services Sector Contraction In March Screams Q1 Stagflation Following S&P Global's Manufacturing PMI's better than expected print higher (signaling resilience in the face of March's war in Iran), the data released this morning showed the US Services Sector experienced a contraction of activity at the end of the first quarter of 2026. The headline S&P Global US Services PMI Business Activity Index recorded 49.8 in March, down from February’s 51.7 and lower than the earlier ‘flash’ estimate of 51.1. It was the first decline recorded in over three years amid the weakest rise in new work since April 2024. “The PMI survey data show the US economy buckling under the strain of rising prices and intensifying uncertainty, as the war in the Middle East exacerbates existing concerns regarding other policy decisions in recent months, notably with respect to tariffs," said Chris Williamson, Chief Business Economist at S&P Global Market Intelligence The service sector has slipped into contraction for the first time since January 2023, dragging the overall economy down to a near-stalled 0.5% annualized rate of growth in March... Worst hit is consumer-facing service sectors where, barring the pandemic lockdowns, the downturn reported in March was among the steepest recorded since data were first available in 2009. However, financial services and tech, both of which performed strongly last year, have shown some signs of weaker performance amid financial market volatility and concerns over higher interest rates, which have deterred investment. “Key to the deteriorating growth trend is a pull-back in spending amid worsening affordability, with costs and selling prices surging higher in March amid spiking energy prices. The survey data are broadly consistent with consumer price inflation accelerating close to 4% as firms increasingly seek to push through higher costs onto customers in the coming months. " The stagflationary environment of stalled growth and surging price pressures pict...
Shares of streaming specialist Roku (NASDAQ: ROKU) have had a tough run. Down about 10% year to date as of this writing, and down more than 70% over the past five years, the stock might look like a tempting turnaround play to bargain hunters. This is especially true after the company's recent fourth-quarter report, which featured accelerating platform revenue and a welcome year-over-year swing to ...
Shares of streaming specialist Roku (NASDAQ: ROKU) have had a tough run. Down about 10% year to date as of this writing, and down more than 70% over the past five years, the stock might look like a tempting turnaround play to bargain hunters. This is especially true after the company's recent fourth-quarter report, which featured accelerating platform revenue and a welcome year-over-year swing to profitability. The business is undoubtedly gaining some notable traction. But I'm not buying the stock here. Continue reading
The Turkish Competition Board said on Friday it had decided to launch an investigation into Alphabet Inc and related Google companies over its advertising and billing practices. The investigation aims to determine whether Google's billing practices and commercial practices related to its online advertising services to advertisers and advertising agency clients violate Turkish law, t...
The Turkish Competition Board said on Friday it had decided to launch an investigation into Alphabet Inc and related Google companies over its advertising and billing practices. The investigation aims to determine whether Google's billing practices and commercial practices related to its online advertising services to advertisers and advertising agency clients violate Turkish law, the board said in a statement.