Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Arbor Realty Trust Inc (Symbol: ABR) were yielding above the 16% mark based on its quarterly dividend (annualized to $1.2), with the stock changing hands as low as $7.30 on the day.
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Arbor Realty Trust Inc (Symbol: ABR) were yielding above the 16% mark based on its quarterly dividend (annualized to $1.2), with the stock changing hands as low as $7.30 on the day.
Greggory DiSalvo/iStock via Getty Images Today's article provides a fresh review of the iShares 20+ Year Treasury Bond ETF ( TLT ) , a vehicle, which I held a bullish view on for most of 2025. Although it can be conceded that U.S. Treasury Bonds face a myriad of risks, it should also probably be acknowledged that implied returns have broadened considerably. In this updated take, I share why I thin...
Greggory DiSalvo/iStock via Getty Images Today's article provides a fresh review of the iShares 20+ Year Treasury Bond ETF ( TLT ) , a vehicle, which I held a bullish view on for most of 2025. Although it can be conceded that U.S. Treasury Bonds face a myriad of risks, it should also probably be acknowledged that implied returns have broadened considerably. In this updated take, I share why I think the TLT ETF could be a solid option at this time and how duration exposure can be managed. Without further ado, let's get started. Performance Update TLT ETF has delivered around 3.19% in total return since I last covered it in July. Most of the return was derived from carry, as the price change only amounted to a 0.55% increase. Figure 1 (Seeking Alpha) Figure two shows a summary of the vehicle's key risk-return metrics. The weighted-average Yield-to-Maturity is in line with the 4.85% reported in July last year. Furthermore, convexity remains notable at 3.30, effective duration is ~3 months lower, and the 30-day SEC yield is 4 basis points lower. Figure 2 (iShares) Bullish Case YTMs Are High On A Relative-Basis, Coupons Are Compelling I think U.S. yields are really competitive for longer-term positioning, as 20-year premiums are near their highest levels since the Great Financial Crisis. Although fears of fiscal dominance, USD debasement, and rich equity market valuations loom, I do not share the ex-U.S. sentiment echoed by many. I think the U.S.'s debt problem deserves attention. However, yields have acknowledged that and now provide investors with significantly higher yields than pre-pandemic (~+300 basis points). Moreover, it has to be recognized that real growth remains robust in the U.S., unemployment of 4.3% signals a stable labor market, and debt management is a problem across many developed markets, not just the United States. Figure 3 (Federal Reserve Bank of St. Louis ) On a country-relative basis, we've seen the U.S. maintain a positive sovereign spread relati...
Tesla (NasdaqGS:TSLA) is overhauling its leadership as it leans harder into AI, robotics, and energy solutions. Raj Jegannathan, who led North American sales and served as executive vice president in AI infrastructure, has exited the company. Joe Ward has been appointed global head of sales as Tesla scales robotaxi efforts and prepares Cybercab and Optimus production. Tesla is also rolling out veh...
Tesla (NasdaqGS:TSLA) is overhauling its leadership as it leans harder into AI, robotics, and energy solutions. Raj Jegannathan, who led North American sales and served as executive vice president in AI infrastructure, has exited the company. Joe Ward has been appointed global head of sales as Tesla scales robotaxi efforts and prepares Cybercab and Optimus production. Tesla is also rolling out vehicle to grid energy integration, starting with a Cybertruck program in Texas. Tesla enters this...
In this article AMZN Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 4:11 04:11 AWS CEO Matt Garman: We are ‘incredibly bullish’ on the company’s growth over the next few years Money Movers Amazon Web Services CEO Matt Garman suggested that investors might be worrying too much about the risk of artificial intelligence models slowing growth of major software companies. "Look, my own...
In this article AMZN Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 4:11 04:11 AWS CEO Matt Garman: We are ‘incredibly bullish’ on the company’s growth over the next few years Money Movers Amazon Web Services CEO Matt Garman suggested that investors might be worrying too much about the risk of artificial intelligence models slowing growth of major software companies. "Look, my own opinion is that much of the fear is overblown," Garman told CNBC's Jon Fortt on Thursday. Technology stocks have sold off this year following the release of software built on top of AI models from the likes of Anthropic and OpenAI. The iShares Expanded Tech-Software Sector Exchange-Traded Fund is down 24% so far in 2026, on par for the worst year since 2022, as inflation and rising interest rates drive companies to streamline post-pandemic technology spending. Analysts have taken to labeling the drawdown in software as a service stocks as a " SaaS apocalypse ." Software executives have responded by saying core business metrics have not deteriorated. The CEO of data analytics software company Databricks said last week that he thought the correction is an overreaction . Last week, Amazon said revenue from its market-leading cloud infrastructure segment grew about 24% to $35.6 billion in the fourth quarter, a larger sum than analysts had expected. The unit showed a 35% operating margin, widening slightly from the previous quarter. Read more CNBC tech news 'Impossible': Taiwan pushes back against Washington's 40% chip supply relocation goal Alphabet calls out new AI-related risks, as it taps debt market to fund build-out Tesla exec Raj Jegannathan leaves automaker after 13 years Short seller CapitalWatch apologizes, retracts report on AppLovin shareholder "There's a huge disruption," Garman said. "AI is absolutely a disruptive force that's going to change how software is consumed and how it's built. And I would argue that the systems of record, as you call them, the SaaS provi...
Earnings Call Insights: Four Corners Property Trust (FCPT) Q4 2025 Management View William Lenehan, President, CEO & Director, highlighted the company's 10-year anniversary as a public company, noting portfolio growth to 1,325 leases and over $1 billion paid in dividends. He stated, "During Q4, we acquired $95 million of net lease properties at a 7% blended cap rate. In total during 2025, we acqui...
Earnings Call Insights: Four Corners Property Trust (FCPT) Q4 2025 Management View William Lenehan, President, CEO & Director, highlighted the company's 10-year anniversary as a public company, noting portfolio growth to 1,325 leases and over $1 billion paid in dividends. He stated, "During Q4, we acquired $95 million of net lease properties at a 7% blended cap rate. In total during 2025, we acquired $318 million of net lease properties." Lenehan emphasized that acquisitions were achieved "without the benefit of any large portfolio transactions," focusing on midsized deals and maintaining a granular, selective approach. He noted, "Our in-place portfolio retains its fortress quality with 0 exposure to problematic retail sectors such as theaters, pharmacies, high-rent car washers and experiential retail." Lenehan also addressed the Darden portfolio, mentioning, "Our current Bahama Breeze exposure is just 1.3% of base rent across 10 properties... While it is early, we are in discussions with Darden about these properties. And as of now, we do expect several of these stores will be converted to other Darden concepts." He stressed confidence in backfilling any possible vacancies. Joshua Zhang, Director of Investments, stated, "In Q4, we acquired 30 properties with a weighted average lease term of 10 years for $95 million and a blended 7% cap rate... We finished the year with 105 properties acquired for $318 million at a 6.8% blended cap rate." He highlighted entry into new asset classes with the acquisition of a Sprouts grocery store and a United Rentals property, describing a continued strategy of diversification. Patrick Wernig, CFO & Treasurer, reported, "We have full capacity on our $350 million revolver and feel that we have the liquidity to continue executing our business plan in Q1 and into 2026... Our net debt to adjusted EBITDAre was just 4.9x inclusive of outstanding net equity. Excluding our forward equity balance, our leverage is 5.1x." He added, "We reported...
Earnings Call Insights: Darling Ingredients (DAR) Q4 2025 Management View Randall Stuewe, Chairman & CEO, highlighted that "2025's performance clearly demonstrates" the company's resilience despite uncertainties from renewables public policy and global trade. He emphasized that Darling "meaningfully improved our debt leverage, took steps to rationalize and improve our portfolio and focused on our ...
Earnings Call Insights: Darling Ingredients (DAR) Q4 2025 Management View Randall Stuewe, Chairman & CEO, highlighted that "2025's performance clearly demonstrates" the company's resilience despite uncertainties from renewables public policy and global trade. He emphasized that Darling "meaningfully improved our debt leverage, took steps to rationalize and improve our portfolio and focused on our core strengths and advanced our operational excellence." Stuewe noted strong EBITDA growth, sequential gross margin improvement, and a robust performance in the Feed Ingredients segment, with the fourth quarter marking the fourth consecutive period of margin expansion. He also announced the company's strategic move as a stalking horse bidder for three rendering facilities from the Potense Group in Brazil, calling it an "incredibly strategic acquisition of assets that offers important synergies with the rest of our network in Brazil." Stuewe stated, "Across the business, we're seeing positive global demand trends that give us a very encouraging outlook for 2026." Robert Day, Executive VP & CFO, reported, "Combined adjusted EBITDA was $336 million versus $289 million in fourth quarter 2024 and $245 million last quarter. Core ingredients improved both year-over-year and sequentially." Day detailed that gross margins for the quarter improved to 25.1% compared to 23.5% in Q4 last year, with notable gains in both the Feed and Food segments. He also commented on the Potense Group acquisition: "The cost of acquiring those assets translates to around $120 million, and we expect to fund that with cash flows generated in first quarter of this year." Outlook Stuewe provided guidance for Q1 2026, estimating core ingredients adjusted EBITDA to be "around $240 million to $250 million for first quarter." He explained that severe January weather caused moderate operational challenges, but only a modest pullback relative to Q4 is anticipated. Stuewe also noted, "We are increasingly optimisti...
Liz Hartley accepted it had been 'slightly bold' to say there was no evidence of a private investigator gathering information privately for journalists in 2011.
Liz Hartley accepted it had been 'slightly bold' to say there was no evidence of a private investigator gathering information privately for journalists in 2011.
Earnings Call Insights: Copa Holdings (CPA) Q4 2025 Management View Pedro Heilbron, CEO & Executive Chairman, stated that "We delivered another quarter and full year of strong financial and operational results, reaffirming the strength of our business model and the structural advantage of operating the best positioned and most efficient hub for international travel in the Americas." He highlighted...
Earnings Call Insights: Copa Holdings (CPA) Q4 2025 Management View Pedro Heilbron, CEO & Executive Chairman, stated that "We delivered another quarter and full year of strong financial and operational results, reaffirming the strength of our business model and the structural advantage of operating the best positioned and most efficient hub for international travel in the Americas." He highlighted a 9.9% year-over-year capacity increase and a 10.1% increase in passenger traffic, resulting in an 86.4% load factor. The company expanded its network, launching new services from Panama to Los Cabos, Puerto Plata, Santiago, Maracaibo, and Salvador, Bahia. Copa ended 2025 with a fleet of 125 aircraft and plans to reach 133 by year-end 2026, following the delivery of 8 Boeing 737 MAX 8 aircraft. Heilbron emphasized that Copa was recognized by Cirium for the 11th time as the most on-time airline in Latin America in 2025, with an on-time performance of 90.75%. CFO Peter Donkersloot Ponce commented, "We reported a net profit for the quarter of $172.6 million or $4.18 per share, a 5.3% increase in earnings per share compared to fourth quarter 2024." He also noted an operating margin of 21.8% for the quarter and highlighted a $7.2 million noncash adjustment due to changes in the discount rate for future lease return obligations. Outlook Copa projects capacity growth in the range of 11% to 13% for 2026, with approximately 90% of this growth from the full year impact of 2025 capacity additions and increased frequencies in existing markets. Operating margin for 2026 is forecasted between 22% and 24%, with management basing this guidance on a load factor of approximately 87%, unit revenues of $0.112, CASM ex-fuel of $0.057, and an all-in fuel price of $2.50 per gallon. CFO Donkersloot Ponce reiterated, "We expect to deliver an operating margin within the range of 22% to 24%." Financial Results Net profit for Q4 2025 was $172.6 million or $4.18 per share. Excluding noncash and curren...
A group of private credit firms led by Goldman Sachs Alternatives is providing $3.5 billion to support the buyout of Clearwater Analytics Holdings Inc. , the latest instance of direct lenders funding software acquisitions. Ares Management Corp. , Blue Owl Capital Inc. , Antares Capital and Apollo Global Management Inc. are joining the lender group, according to people with knowledge of the matter....
A group of private credit firms led by Goldman Sachs Alternatives is providing $3.5 billion to support the buyout of Clearwater Analytics Holdings Inc. , the latest instance of direct lenders funding software acquisitions. Ares Management Corp. , Blue Owl Capital Inc. , Antares Capital and Apollo Global Management Inc. are joining the lender group, according to people with knowledge of the matter. The debt is being offered at a 4.5-percentage-point premium to the US benchmark, said the people, who asked not to be identified discussing a private transaction. Before corralling other lenders, Goldman’s private credit business provided committed debt financing for the acquisition by private equity firms led by Permira Holdings and Warburg Pincus . The buyout, announced Dec. 21 , values Clearwater at about $8.4 billion and is expected to close by mid-2026. Representatives for Ares, Apollo, Permira and Warburg Pincus declined to comment Thursday. A representative for Goldman Sachs had no immediate comment. Clearwater, Blue Owl and Antares didn’t immediately respond to requests for comment. The financing deal comes as Bloomberg News also reported on Thursday that software firm OneStream Inc. has obtained a $1.4 billion loan to support its pending buyout by private equity investor Hg. NYSE-listed Clearwater provides a cloud-software platform for institutional investors in the public and private markets. AI’s potential to displace software services has been a major market focus in recent weeks, fueling a price plunge for some firms’ debt and casting a shadow over private equity’s software holdings. Asset managers, many of which provide direct loans, have also faced scrutiny over their exposure to software companies. But the financings for the OneStream and Clearwater buyouts signal that private credit providers remain open to the sector.
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Jefferies Group Inc. (Symbol: JEF) were yielding above the 3% mark based on its quarterly dividend (annualized to $1.6), with the stock changing hands as low as $52.97 on the day.
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Jefferies Group Inc. (Symbol: JEF) were yielding above the 3% mark based on its quarterly dividend (annualized to $1.6), with the stock changing hands as low as $52.97 on the day.
Choi wins snowboard halfpipe title with third run American star takes silver behind strong first round The snowfall coming down on Livigno Snow Park on Thursday night helped produce one of the bigger Olympic upsets in snowboard history, as Chloe Kim’s bid to become the first rider to win three consecutive Olympic halfpipe gold medals ended just short. Kim finished with a best score of 88.00 from h...
Choi wins snowboard halfpipe title with third run American star takes silver behind strong first round The snowfall coming down on Livigno Snow Park on Thursday night helped produce one of the bigger Olympic upsets in snowboard history, as Chloe Kim’s bid to become the first rider to win three consecutive Olympic halfpipe gold medals ended just short. Kim finished with a best score of 88.00 from her opening run, settling for silver behind surprise winner Choi Gaon of South Korea, whose heroic third run after an early fall earned 90.25 and rewrote the Olympic record books. Japan’s Mitsuki Ono took bronze with 85.00. Continue reading...
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of NewMarket Corp (Symbol: NEU) were yielding above the 2% mark based on its quarterly dividend (annualized to $12), with the stock changing hands as low as $595.40 on the day. Divide
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of NewMarket Corp (Symbol: NEU) were yielding above the 2% mark based on its quarterly dividend (annualized to $12), with the stock changing hands as low as $595.40 on the day. Divide
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Chord Energy Corp (Symbol: CHRD) were yielding above the 5% mark based on its quarterly dividend (annualized to $5.2), with the stock changing hands as low as $97.96 on the day. Di
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Chord Energy Corp (Symbol: CHRD) were yielding above the 5% mark based on its quarterly dividend (annualized to $5.2), with the stock changing hands as low as $97.96 on the day. Di
blackdovfx/iStock via Getty Images A couple of months ago, I wrote an in-depth article regarding the Japanese monetary policy history. We can consider it a unique case among developed countries since it has kept interest rates near 0% for decades. This ultra-expansive approach led to the highest debt/GDP in the world and massive depreciation of the yen against major global currencies. For decades,...
blackdovfx/iStock via Getty Images A couple of months ago, I wrote an in-depth article regarding the Japanese monetary policy history. We can consider it a unique case among developed countries since it has kept interest rates near 0% for decades. This ultra-expansive approach led to the highest debt/GDP in the world and massive depreciation of the yen against major global currencies. For decades, nobody was really worried about Japan’s finances; after all, it could refinance its debt at low interest rates, and the Bank of Japan was ready to buy every bond issuance. Actually, for the entire world, it was convenient to leave Japan in that condition. Through the carry trade, highly leveraged Japanese funds have flooded the financial markets and increased the demand for foreign assets. Everyone was benefiting from the carry trade, except for the yen's credibility. However, that long-term balance is fading away, and Takaichi's recent election win might mark a breaking point. Takaichi's resounding victory and commitments to uphold Sanae Takaichi didn’t just win the snap election; she destroyed the opposition. The Liberal Democratic Party (LDP) reached 316 seats in the Lower House (House of Representatives), 118 more than the previous level and 2/3 of the total seats. Takaichi’s snap election was one of the greatest political moves in modern history: to see such a strong majority in the Japanese government, we should get back to 70 years ago . Thanks to this result, Takaichi’s plan can be implemented without any hiccups at least until 2028. At this point an obvious question arises: why so many Japanese people were aligned to vote for Takaichi? The reason is pretty straightforward. The opposition proved to be very weak and insubstantial (that’s why Takaichi called the snap election), and Takaichi promised to revive the stagnant Japanese economy through massive fiscal stimulus packages. Japan’s Prime Minister attributes the higher cost of living as the main cause of the eco...
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Moelis & Company Class A (Symbol: MC) were yielding above the 4% mark based on its quarterly dividend (annualized to $2.6), with the stock changing hands as low as $62.69 on the
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Moelis & Company Class A (Symbol: MC) were yielding above the 4% mark based on its quarterly dividend (annualized to $2.6), with the stock changing hands as low as $62.69 on the
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Booz Allen Hamilton Holding Corp. (Symbol: BAH) were yielding above the 3% mark based on its quarterly dividend (annualized to $2.36), with the stock changing hands as low as $76.83
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Booz Allen Hamilton Holding Corp. (Symbol: BAH) were yielding above the 3% mark based on its quarterly dividend (annualized to $2.36), with the stock changing hands as low as $76.83
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of J.M. Smucker Co. (Symbol: SJM) were yielding above the 4% mark based on its quarterly dividend (annualized to $4.4), with the stock changing hands as low as $109.23 on the day. Div
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of J.M. Smucker Co. (Symbol: SJM) were yielding above the 4% mark based on its quarterly dividend (annualized to $4.4), with the stock changing hands as low as $109.23 on the day. Div
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Kilroy Realty Corp (Symbol: KRC) were yielding above the 7% mark based on its quarterly dividend (annualized to $2.16), with the stock changing hands as low as $30.00 on the day. D
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Kilroy Realty Corp (Symbol: KRC) were yielding above the 7% mark based on its quarterly dividend (annualized to $2.16), with the stock changing hands as low as $30.00 on the day. D
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of STAG Industrial Inc (Symbol: STAG) were yielding above the 4% mark based on its quarterly dividend (annualized to $1.55), with the stock changing hands as low as $36.96 on the day.
Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of STAG Industrial Inc (Symbol: STAG) were yielding above the 4% mark based on its quarterly dividend (annualized to $1.55), with the stock changing hands as low as $36.96 on the day.