The Pentagon’s proposed fiscal 2027 budget blueprint is seeking 85 Lockheed Martin Corp . fighter jets — up from 47 requested last year — in a significant boost for the largest US weapons program. The Air Force is the program’s largest customer and the breakdown includes 38 of the F-35A version of the jet for that branch, in addition to 10 F-35B short-takeoff and vertical-landing Marine Corps jets...
The Pentagon’s proposed fiscal 2027 budget blueprint is seeking 85 Lockheed Martin Corp . fighter jets — up from 47 requested last year — in a significant boost for the largest US weapons program. The Air Force is the program’s largest customer and the breakdown includes 38 of the F-35A version of the jet for that branch, in addition to 10 F-35B short-takeoff and vertical-landing Marine Corps jets and 37 F-35C aircraft carrier models, according to the Office of Management and Budget. The F-35 numbers are part of a budget request from President Donald Trump that is asking lawmakers to approve $1.5 trillion for defense, a massive increase that’s paired with sharp cuts to domestic programs. Details on the F-35s will be among the most scrutinized elements of military hardware within the administration’s blueprint. Friday’s budget plan comes with the US-Israeli war on Iran well into its second month and polls showing significant numbers of Americans uncertain about the president’s handling of the conflict. F-35C jets from the USS Abraham Lincoln are currently flying missions in operations over Iran. Overall, the $1.5 trillion sought is broken up into a $1.15 trillion base request and additional $350 billion from a forthcoming reconciliation bill that Congress will fund on a separate legislative track than the established appropriations path. Thirty-two F-35s are slated to be paid for through the base budget, with the remaining jets covered in the reconciliation bill. The Pentagon accounts for 95% — about $1.45 trillion — of the broader national security request, with the remainder for other agencies or programs, such as nuclear weapons development and the Federal Bureau of Investigation. The proposal represents a 42% increase in national security spending over what Congress enacted for this fiscal year, OMB says. Read More: Trump $2.2 Trillion Budget Pairs Defense Boost With Agency Cuts While the Pentagon is slated to release fuller details on April 21, including five-ye...
alexsl/iStock via Getty Images Introduction I picked up a position in Freehold Royalties ( FRU:CA ) ( FRHLF ) during COVID and am still holding a portion of that position. I like royalty companies, as they don’t have to deal with spending the sustaining capex to keep existing operations humming along nicely. Once a royalty has been acquired, the royalty owner traditionally does not have to invest ...
alexsl/iStock via Getty Images Introduction I picked up a position in Freehold Royalties ( FRU:CA ) ( FRHLF ) during COVID and am still holding a portion of that position. I like royalty companies, as they don’t have to deal with spending the sustaining capex to keep existing operations humming along nicely. Once a royalty has been acquired, the royalty owner traditionally does not have to invest any additional capital. As it had been a while since I last looked at Freehold Royalties, I thought the current high oil price environment offered an excellent opportunity to have another look at this oil and gas royalty company. Data by YCharts Don’t read too much into the Q4 results The problem with financial reporting is that it is always a backward looking approach. In the case of Freehold, one likely wouldn’t be too inclined to invest in the company if an opinion or investment thesis would be based on the company’s 2025 results. But it goes without saying that every day the WTI oil price remains around $100/barrel, Freehold’s operating cash flow (and free cash flow) will surprise to the upside. During 2025, Freehold Royalties reported an attributable production of approximately 16,300 barrels of oil-equivalent per day , with approximately 55% of the barrels coming from its Canadian royalties and 45% of the barrels related to its U.S. assets. FRU Investor Relations As you can see above, the majority of the production consists of liquids, but the 34% in natural gas weighs on the results, as the natural gas price has been pretty weak lately. The average realized price for natural gas during 2025 was just C$1.78 per mcf, and although this represents a 43% increase compared to the previous year, it still is a pretty weak price. Although natural gas sales represented approximately 34% of the oil-equivalent output, it represented just around 7% of the revenue. As the cash flow statement below shows, the company generated just under C$235 million in operating cash flow. This i...
Maksim Safaniuk/iStock Editorial via Getty Images Constellation Brands, Inc. ( STZ ) is set to report fiscal year 2026 Q4 earnings this coming week ( April 8th ). The stock has traded about 18% higher in the last five months or so, and is up 13.5% since I gave the stock a Sell rating in September last year. Seeking Alpha STZ is a leading U.S.-based beverage alcohol company focused on the productio...
Maksim Safaniuk/iStock Editorial via Getty Images Constellation Brands, Inc. ( STZ ) is set to report fiscal year 2026 Q4 earnings this coming week ( April 8th ). The stock has traded about 18% higher in the last five months or so, and is up 13.5% since I gave the stock a Sell rating in September last year. Seeking Alpha STZ is a leading U.S.-based beverage alcohol company focused on the production, import, and marketing of beer, wine, and spirits. The company’s portfolio is anchored by its beer business, heavily coming from the popular Modelo and Corona brands. This has been a strength and weakness for STZ, as consumers are drinking less in general, but those that are, have been shifting more toward imported and craft beer over domestic. Unfortunately for STZ, net beer sales have drifted lower on very poor organic growth. Upcoming earnings are expected at their lowest mark in over 5 years as guidance remains muted on cautious consumer trends. Beer margins have been resilient in tough inflationary and supply chain periods, but I still see to many roadblocks and lacking growth. I am continuing on my Sell rating for STZ. Expectations & Guidance In the firm's Q3 report for fiscal year 2026, guidance remained pretty much unchanged. Net sales for the year are anticipated 4%-6% lower, with beer projected down 2%-4%, and wine & spirits down as much as 20%. On the reaffirmed outlook management stated that they are focused on margin strength and cost-saving amidst lower volumes, tariffs, and softer macro-economic conditions. The company is shifting to a new CEO this month. Tone from the current and incoming CEO will be interesting, as investors wait to see if the company changes any strategic direction. Adjusted earnings are expected at $1.73 for the quarter, which would be 34% lower YoY. This would be their lowest reported earnings in over 5 years and is a tough look to investors and the industry. They have not had a YoY expansion in earnings in 4 quarters, and I expect ano...
The University of Hong Kong maintains a solid financial position, recording a surplus of HK$4.8 billion for the 2024/25 financial year. Photo: VCG The University of Hong Kong (HKU) has established a $1 billion medium-term note program, marking the first time a public university in the city has tapped the commercial bond market for financing. Under a framework agreement signed March 30, the institu...
The University of Hong Kong maintains a solid financial position, recording a surplus of HK$4.8 billion for the 2024/25 financial year. Photo: VCG The University of Hong Kong (HKU) has established a $1 billion medium-term note program, marking the first time a public university in the city has tapped the commercial bond market for financing. Under a framework agreement signed March 30, the institution appointed HSBC and DBS to arrange the issuance of notes to professional investors. The unprecedented move highlights how Hong Kong’s top academic institutions are turning to alternative capital sources as the local government tightens public education funding and pushes for the costly development of a new university town near the mainland border.
Torsten Slok, chief economist at Apollo, explains the three factors he sees supporting US economic growth despite the impact of the war in Iran. (Source: Bloomberg)
Torsten Slok, chief economist at Apollo, explains the three factors he sees supporting US economic growth despite the impact of the war in Iran. (Source: Bloomberg)
Key PointsSenior VP and General Counsel Jessica Garascia sold 6,284 shares of Common Stock on March 26, 2026, for a transaction value of ~$705,000 at a weighted average price around $112.20 per share.
Key PointsSenior VP and General Counsel Jessica Garascia sold 6,284 shares of Common Stock on March 26, 2026, for a transaction value of ~$705,000 at a weighted average price around $112.20 per share.
The Electrical Components and Equipment segment within the industrial sector shows a contrasting trend, with companies featuring among both the most and least shorted stocks as of the end of March. Here are the five most shorted industrial stocks with market capitalizations of up to $2 billion (as a % of shares outstanding) Robin Energy ( RBNE ), Short Interest: 30.51%. Decent Holding ( DXST ), Sh...
The Electrical Components and Equipment segment within the industrial sector shows a contrasting trend, with companies featuring among both the most and least shorted stocks as of the end of March. Here are the five most shorted industrial stocks with market capitalizations of up to $2 billion (as a % of shares outstanding) Robin Energy ( RBNE ), Short Interest: 30.51%. Decent Holding ( DXST ), Short Interest: 30.22%. Polar Power ( POLA ), Short Interest: 29.61%. Eos Energy Enterprises ( EOSE ), Short Interest: 27.58%. Enovix ( ENVX ), Short Interest: 27.50%. Here are the five least shorted industrial stocks with market capitalizations of up to $2 billion: (as a % of shares outstanding) Zeo Energy ( ZEO ), Short Interest: 0.52%. Rich Sparkle Holdings ( ANPA ), Short Interest: 0.52%. Ultralife ( ULBI ), Short Interest: 0.51%. DSS ( DSS ), Short Interest: 0.51%. Euroseas ( ESEA ), Short Interest: 0.51%. More on Robin Energy, Decent Holding, etc. Eos Energy: Approach With Caution Ultralife Corporation (ULBI) Q4 2025 Earnings Call Transcript Euroseas: Still Deeply Undervalued Despite Cycle Concerns Euroseas orders construction of two 2,800 TEU containerships for $92.7M Decent Holding announces 1-for-25 reverse share split
The late-night host reacted to Trump’s primetime address on the war and his firing of attorney general Pam Bondi With most late-night hosts on holiday, Stephen Colbert recapped Donald Trump ’s primetime national address on the war in Iran and his firing of the attorney general, Pam Bondi . Continue reading...
The late-night host reacted to Trump’s primetime address on the war and his firing of attorney general Pam Bondi With most late-night hosts on holiday, Stephen Colbert recapped Donald Trump ’s primetime national address on the war in Iran and his firing of the attorney general, Pam Bondi . Continue reading...