peterschreiber.media/iStock via Getty Images Freddie Mac's latest Primary Mortgage Market Survey shows 30-year fixed‑rate mortgages climbing to 6.38% as of March 26, up 16 basis points from last week's 6.22% but still well below the 6.65% recorded a year earlier. Despite the uptick, the housing market continues to improve gradually, with year‑over‑year gains in purchase and refinance applications ...
peterschreiber.media/iStock via Getty Images Freddie Mac's latest Primary Mortgage Market Survey shows 30-year fixed‑rate mortgages climbing to 6.38% as of March 26, up 16 basis points from last week's 6.22% but still well below the 6.65% recorded a year earlier. Despite the uptick, the housing market continues to improve gradually, with year‑over‑year gains in purchase and refinance applications signaling a more affordable spring buying season ahead. In light of this, b elow is a list of the 10 worst performing Mortgage REIT stocks in the past month. The list is ranked based on lowest one month price performance percentage. The list is topped by AGNC Investment Corp. ( AGNC ), with a one month price performance of -10.19%. Rithm Capital Corp. ( RITM ) and Dynex Capital, Inc. ( DX ) are next, with ARMOUR Residential REIT, Inc. ( ARR ) and NexPoint Real Estate Finance, Inc. ( NREF ) rounding out the rest of the top five. The remaining five stocks on the list include Redwood Trust, Inc. ( RWT ), Adamas Trust, Inc. ( ADAM ), and Annaly Capital Management, Inc. ( NLY ). KKR Real Estate Finance Trust Inc. ( KREF ) and Claros Mortgage Trust, Inc. ( CMTG ) complete the bottom of the list, with declines ranging from approximately -10.19% to -6.47%. Here is the list: AGNC Investment Corp. ( AGNC ), 1 month performance percentage: -10.19% Rithm Capital Corp. ( RITM ), 1 month performance percentage: -9.59% Dynex Capital, Inc. ( DX ), 1 month performance percentage: -9.10% ARMOUR Residential REIT, Inc. ( ARR ), 1 month performance percentage: -8.94% NexPoint Real Estate Finance, Inc. ( NREF ), 1 month performance percentage: -8.55% Redwood Trust, Inc. ( RWT ), 1 month performance percentage: -7.93% Adamas Trust, Inc. ( ADAM ), 1 month performance percentage: -7.61% Annaly Capital Management, Inc. ( NLY ), 1 month performance percentage: -6.95% KKR Real Estate Finance Trust Inc. ( KREF ), 1 month performance percentage: -6.55% Claros Mortgage Trust, Inc. ( CMTG ), 1 month perfo...
Tesla Inc. (NASDAQ:TSLA) is one of the best pure-play robotics stocks to buy now. Tesla Inc. (NASDAQ:TSLA) is among the best pure-play robotics stocks to buy now. The company’s exposure to robotics is through its bipedal, autonomous humanoid robot, Optimus. According to some reports, this area is set for significant expansion, as Tesla has indicated […]
Tesla Inc. (NASDAQ:TSLA) is one of the best pure-play robotics stocks to buy now. Tesla Inc. (NASDAQ:TSLA) is among the best pure-play robotics stocks to buy now. The company’s exposure to robotics is through its bipedal, autonomous humanoid robot, Optimus. According to some reports, this area is set for significant expansion, as Tesla has indicated […]
Shares of Brown-Forman surged, after Bloomberg reported that Pernod Ricard was looking into a potential acquisition of the Jack Daniel’s whiskey parent.
Shares of Brown-Forman surged, after Bloomberg reported that Pernod Ricard was looking into a potential acquisition of the Jack Daniel’s whiskey parent.
Teradyne Inc. (NASDAQ:TER) is one of the best pure-play robotics stocks to buy now. Teradyne Inc. (NASDAQ:TER) is among the best pure-play robotics stocks to buy now. Teradyne’s exposure to robotics stems from its ownership of major collaborative-robotics platforms, including Universal Robots and MiR. The company envisages a $220 billion total addressable market for advanced […]
Teradyne Inc. (NASDAQ:TER) is one of the best pure-play robotics stocks to buy now. Teradyne Inc. (NASDAQ:TER) is among the best pure-play robotics stocks to buy now. Teradyne’s exposure to robotics stems from its ownership of major collaborative-robotics platforms, including Universal Robots and MiR. The company envisages a $220 billion total addressable market for advanced […]
Fanuc Corp. (OTC:FANUY) is one of the best pure-play robotics stocks to buy now. Fanuc Corp. (OTC:FANUY) is among the best pure-play robotics stocks to buy now. The company consistently ranks among the world’s top manufacturers of industrial robots and boasts the largest range of robots and collaborative robots (cobots). Recent developments suggest FANUC is […]
Fanuc Corp. (OTC:FANUY) is one of the best pure-play robotics stocks to buy now. Fanuc Corp. (OTC:FANUY) is among the best pure-play robotics stocks to buy now. The company consistently ranks among the world’s top manufacturers of industrial robots and boasts the largest range of robots and collaborative robots (cobots). Recent developments suggest FANUC is […]
Alireza Tangsiri oversaw technology now used to threaten strategic waterway and goaded Trump to attack oil-export hub Kharg Island Middle East crisis – live updates Alireza Tangsiri, the Islamic Revolutionary Guard Corps (IRGC) naval commander who was killed in an Israeli airstrike on Thursday, was a veteran hardliner with a taste for fiery rhetoric who grasped better than many the strategic impor...
Alireza Tangsiri oversaw technology now used to threaten strategic waterway and goaded Trump to attack oil-export hub Kharg Island Middle East crisis – live updates Alireza Tangsiri, the Islamic Revolutionary Guard Corps (IRGC) naval commander who was killed in an Israeli airstrike on Thursday, was a veteran hardliner with a taste for fiery rhetoric who grasped better than many the strategic importance of the strait of Hormuz , which carries a fifth of the world’s oil and gas. During naval exercises in the Gulf in January, Tangsiri said the Iranian Revolution of 1979 represented “a turning point in the history of the Iranian nation and a new dawn for the awakening of the oppressed nations of the world”. Continue reading...
Iran Earning $139 Million A Day From Oil As Hormuz Crisis Locks Out Rivals By Charles Kennedy of OilPrice Iran’s oil exports have not collapsed and are fetching much higher prices than before the war, handing Tehran handsome extra revenues from its crude, which is the only one unimpeded from transiting the Strait of Hormuz. Unlike all other Gulf producers, Iran is passing its oil through the Strai...
Iran Earning $139 Million A Day From Oil As Hormuz Crisis Locks Out Rivals By Charles Kennedy of OilPrice Iran’s oil exports have not collapsed and are fetching much higher prices than before the war, handing Tehran handsome extra revenues from its crude, which is the only one unimpeded from transiting the Strait of Hormuz. Unlike all other Gulf producers, Iran is passing its oil through the Strait of Hormuz and its export volumes remain resilient. Steady volumes and higher prices have been bringing millions of dollars of additional oil revenues for the Islamic Republic since the war began, as oil prices jumped and discounts for Iranian barrels significantly narrowed versus Brent. Iran has likely earned $139 million per day by selling its flagship Iran Light crude so far in March, according to Bloomberg calculations based on export estimates by Tankertrackers.com and prices for Iranian Light. The estimated daily revenues were nearly $25 million higher compared to the average of $115 million daily proceeds from Iranian Light in February, according to Bloomberg’s calculations. Iran is benefiting in several ways from the Hormuz crisis. First, its tankers are transiting the Strait of Hormuz while most other Gulf oil supply is still trapped. Then, the massive supply shock from the Middle East has hiked international crude prices to above $100 per barrel (at about $105 a barrel of Brent early on Thursday), which adds more revenues from oil sales. And last but not least, the huge discount of more than $10 per barrel for Iran’s oil to Brent before the war has now narrowed to just $2.10 per barrel this week. Iranian oil exports have remained resilient since the U.S. and Israel started bombing Iran and killed the Ayatollah, meaning that the jump in oil prices and the free flow of Iranian oil through the Strait of Hormuz is likely hiking Iran’s oil revenues. Iranian crude exports remain relatively steady, maritime intelligence firm Windward said on Wednesday. The U.S. waiver o...
Retired Rear Admiral and former White House national security communications advisor John Kirby said that the Pentagon has an 'obligation' to explain to the American people how their tax dollars and troops are being used in 'matters of life and death' to keep the country safe. Kirby, who also worked as the Department of Defense press secretary during the Biden administration, spoke out against the...
Retired Rear Admiral and former White House national security communications advisor John Kirby said that the Pentagon has an 'obligation' to explain to the American people how their tax dollars and troops are being used in 'matters of life and death' to keep the country safe. Kirby, who also worked as the Department of Defense press secretary during the Biden administration, spoke out against the Pentagon's move to take press out of the building, saying that it isn't a good for the country or the department itself. (Source: Bloomberg)
Tehran denies it is ‘begging to make a deal’ and continues strikes across swathe of Middle East Middle East crisis – live updates Donald Trump has urged Iranian leaders to negotiate an end to the near-month-long war or face further assassinations of senior officials amid intensified military action by the US and Israel. The latest threat on Thursday came as Israel said it had had “blown up and eli...
Tehran denies it is ‘begging to make a deal’ and continues strikes across swathe of Middle East Middle East crisis – live updates Donald Trump has urged Iranian leaders to negotiate an end to the near-month-long war or face further assassinations of senior officials amid intensified military action by the US and Israel. The latest threat on Thursday came as Israel said it had had “blown up and eliminated” the Revolutionary Guards’ naval commander, Alireza Tangsiri, and several senior officers in a strike on the Iranian port of Bandar Abbas. Continue reading...
nd3000 Enerpac Tool ( EPAC ) shares dropped more than 8% Thursday to a 52-week low, even after the industrial tools maker reported results that topped Wall Street expectations on revenue and met profit estimates. Enerpac Tool ( EPAC ) posted net sales of about $155 million, exceeding analyst forecasts of $147 million, while adjusted earnings of $0.39 a share were in line with consensus for its fis...
nd3000 Enerpac Tool ( EPAC ) shares dropped more than 8% Thursday to a 52-week low, even after the industrial tools maker reported results that topped Wall Street expectations on revenue and met profit estimates. Enerpac Tool ( EPAC ) posted net sales of about $155 million, exceeding analyst forecasts of $147 million, while adjusted earnings of $0.39 a share were in line with consensus for its fiscal second quarter. Despite the headline beat, investors appeared focused on deteriorating profitability and signs of underlying weakness in key parts of the business. Profit declines, margin compression Net income fell to $16.3 million, or $0.31 a share, from $20.9 million, or $0.38 a share, a year earlier. Gross profit margins dropped sharply, declining more than four percentage points year over year to 46.4%, reflecting continued pressure in the company’s service segment. Adjusted earnings before interest, taxes, depreciation and amortization totaled $33.0 million, down from $33.8 million a year earlier, with margins also slipping. The company’s service business, particularly in Europe, the Middle East and Africa, was a notable weak spot. Service revenue declined 17% organically, as softer demand weighed on results. Higher costs also pressured profitability, with selling, general and administrative expenses rising due in part to restructuring charges tied to efforts to address that weakness. Guidance signals limited growth Enerpac ( EPAC ) reaffirmed full-year expectations but offered a relatively muted outlook. The company forecast net sales of $635 million to $650 million, roughly in line with consensus estimates of $637.1 million, and organic growth of just 1% to 3%. It projected full-year adjusted ebitda of $158 million to $163 million and adjusted earnings of $1.85 to $1.92 a share, with the high end only matching analyst expectations. Free cash flow guidance remained unchanged at $100 million to $110 million. More on Enerpac Tool Enerpac Tool Group Corp. (EPAC) Q2 ...
Today's Research Daily features new research reports on 16 major stocks, including Netflix, Inc. (NFLX), Advanced Micro Devices, Inc. (AMD) and SAP SE (SAP), as well as a micro-cap stock, MIND Technology, Inc. (MIND).
Today's Research Daily features new research reports on 16 major stocks, including Netflix, Inc. (NFLX), Advanced Micro Devices, Inc. (AMD) and SAP SE (SAP), as well as a micro-cap stock, MIND Technology, Inc. (MIND).