The average one-year price target for Grupo Aval Acciones y Valores S.A. - Depositary Receipt (NYSE:AVAL) has been revised to $4.52 / share. This is an increase of 27.19% from the prior estimate of $3.55 dated March 6, 2023. The price target is an average of m
The average one-year price target for Grupo Aval Acciones y Valores S.A. - Depositary Receipt (NYSE:AVAL) has been revised to $4.52 / share. This is an increase of 27.19% from the prior estimate of $3.55 dated March 6, 2023. The price target is an average of m
The average one-year price target for ExlService Holdings (BIT:1EXLS) has been revised to €37.47 / share. This is a decrease of 16.11% from the prior estimate of €44.67 dated February 23, 2026. The price target is an average of many targets provided by analyst
The average one-year price target for ExlService Holdings (BIT:1EXLS) has been revised to €37.47 / share. This is a decrease of 16.11% from the prior estimate of €44.67 dated February 23, 2026. The price target is an average of many targets provided by analyst
Windzepher The fragile ceasefire between the U.S. and Iran depends on the Strait of Hormuz being opened for ships “without limitation, including tolls,” White House press secretary Karoline Leavitt said on Wednesday. President Donald Trump wants the strait, which has been effectively blocked by Iran during the war, opened up “immediately, without limitation,” Leavitt said at a press briefing. She ...
Windzepher The fragile ceasefire between the U.S. and Iran depends on the Strait of Hormuz being opened for ships “without limitation, including tolls,” White House press secretary Karoline Leavitt said on Wednesday. President Donald Trump wants the strait, which has been effectively blocked by Iran during the war, opened up “immediately, without limitation,” Leavitt said at a press briefing. She was asked if Iran would cross a “red line” by charging ships to pass through the vital oil-shipping route, as it is reportedly planning to do. Trump’s “plain language” demanding the immediate reopening of the strait “should be taken at face value,” Leavitt replied, according to a CNBC report. Iranian state news agency Fars reported earlier Wednesday that oil tanker traffic through the strait has been halted following an Israeli attack on Lebanon that has shaken the hours-old ceasefire. Leavitt called that reporting “false.” “This is a case of, what they’re saying publicly is different privately,” she said. “We have seen an uptick of traffic in the strait today, and I will reiterate the president’s expectation and demand that the Strait of Hormuz is reopened immediately, quickly and safely.” At least two ships have transited the strait in the hours following the two-week ceasefire agreement between Iran and the United States late Tuesday, according to ship-tracking service MarineTraffic on Wednesday morning. Overall traffic through the vital waterway has not picked up beyond the slow trickle it has experienced throughout the war, experts and industry professionals said, according to the report. ETFs: ( USO ), ( BNO ), ( UCO ), ( SCO ), ( USL ), ( DBO ), ( DRIP ), ( GUSH ), ( USOI ), ( UNG ), ( BOIL ), ( KOLD ), ( UNL ), ( FCG ), ( XLE ) More on markets, etc. Treasury Bond Trading Surges As Market Rethinks Likelihood Of Rate Cuts Dow Jones And U.S. Stock Market Outlook - Bulls Are Back In Vengeance After The U.S.-Iran Ceasefire Short Selling Points To Higher Prices Oil plunge...
Iran and the US agreed to a pause in fighting in exchange for the opening of the strait, but a lack of clarity on what was agreed and continued fighting — including Israeli strikes in Lebanon — have raised questions about the ceasefire. UWA Defense and Security Institute Adjunct Professor Jennifer Parker breaks down the situation. (Source: Bloomberg)
Iran and the US agreed to a pause in fighting in exchange for the opening of the strait, but a lack of clarity on what was agreed and continued fighting — including Israeli strikes in Lebanon — have raised questions about the ceasefire. UWA Defense and Security Institute Adjunct Professor Jennifer Parker breaks down the situation. (Source: Bloomberg)
Asia’s bond market is showing renewed momentum, with borrowers jumping in to capitalize on improved risk sentiment during the US-Iran ceasefire. Australia logged its busiest bond issuance day so far this month on Thursday, with at least three borrowers tapping the local market. A day earlier, two Japanese banks sold a combined $13 billion of dollar bonds — Asia’s biggest single-day haul since July...
Asia’s bond market is showing renewed momentum, with borrowers jumping in to capitalize on improved risk sentiment during the US-Iran ceasefire. Australia logged its busiest bond issuance day so far this month on Thursday, with at least three borrowers tapping the local market. A day earlier, two Japanese banks sold a combined $13 billion of dollar bonds — Asia’s biggest single-day haul since July. The pickup shows how quickly issuers are re-engaging after geopolitical and market volatility curbed dealmaking. The temporary truce has eased near-term risk concerns, giving companies waiting on the sidelines an opportunity to lock in funding. “New issues will come thick and fast every time we have a few days of stability,” said Thu Ha Chow , head of Asian fixed income at Robeco. “It does feel like we’re probably through peak fear.” In Australia, borrowers looking for alternatives to US-dollar assets have pushed year-to-date Aussie issuances to A$117.3 billion ($82.6 billion), which is higher than any equivalent period on record. AMP Bank Ltd., UBS Group AG and Nomura Holdings Inc. are among those who have tapped financing, marking the most active day since March 31. On Wednesday, Mizuho Bank Ltd. and Mitsubishi UFJ Financial Group Inc. raised a combined $13 billion in dollar bonds. Such deals are also springing up in US and European bond markets. Credit conditions are also improving. The cost of insuring Asian investment-grade debt tightened by the most in more than 18 months Wednesday, signaling a sharp recovery in risk appetite after weeks dominated by geopolitical tensions. Markets have responded positively to the ceasefire, though Tehran’s claims of breaches highlight lingering fragility . Still, Chow said strong demand for high-quality credit — particularly from developed-market issuers such as those in Australia — is expected to support deal absorption in the near term.
White House says only person committing war crimes is actor ‘for his awful movies and terrible acting ability’ The long-running war of words between the George Clooney and the White House has ignited again after the Oscar-winning actor criticised Donald Trump’s threat to Iran that “a whole civilization will die tonight”. On Wednesday, in a speech to 3,000 high school students in Cuneo, Italy, Cloo...
White House says only person committing war crimes is actor ‘for his awful movies and terrible acting ability’ The long-running war of words between the George Clooney and the White House has ignited again after the Oscar-winning actor criticised Donald Trump’s threat to Iran that “a whole civilization will die tonight”. On Wednesday, in a speech to 3,000 high school students in Cuneo, Italy, Clooney said the US president had committed a war crime with his threat. Continue reading...
Maki Nakamura/DigitalVision via Getty Images Overview My past hesitation in Rigel Pharmaceuticals ( RIGL ) was twofold: financial and operational. Financially, Rigel was a microcap stock with a dwindling cash reserve. Operationally, Tavalisse seemed no more than a niche product. And although Rezlidhia had just launched, it didn’t appear to have a place in AML. However, I did acknowledge some signs...
Maki Nakamura/DigitalVision via Getty Images Overview My past hesitation in Rigel Pharmaceuticals ( RIGL ) was twofold: financial and operational. Financially, Rigel was a microcap stock with a dwindling cash reserve. Operationally, Tavalisse seemed no more than a niche product. And although Rezlidhia had just launched, it didn’t appear to have a place in AML. However, I did acknowledge some signs of a turnaround. Losses were narrowing, and partnerships with Eli Lilly ( LLY ) de-risked pipeline aspirations. I ended with a cautious “Hold” rating. RIGL has since gone up 140%. Data by YCharts I take another look below. Recent Developments After acquiring the US rights from Gavreto from Blueprint Medicines in early 2024, Rigel now makes money from three products. Gavreto, FDA-approved for both RET+ metastatic NSCLC and RET+ advanced thyroid cancer, generated $42.1M in FY25. Meanwhile, Rigel’s legacy products, Tavalisse and Rezlidhia, brought in $158.8M and $31M, respectively. Author's Compilation Although revenues were up 64% YoY in FY25, profitability did not suffer. Rigel's gross profit margin (82.02%) and EBITDA margin (43.46%) outperform its peers in the Health Care sector. And, in the trailing twelve months, Rigel generated $75.7M in cash from operations. This is likely attributed to the "tuck-in" nature of Gavreto. Rigel's existing sales force already had plenty of experience with hematologists/oncologists. So it ended up fitting right in without much added cost. Moving on to pipeline developments, R289 is currently in a Phase 1b study for lower-risk MDS. Rigel presented encouraging data at ASH last year. 33% (6/18) of transfusion-dependent patients achieved transfusion independence, or TI, on R289. Ocadusertib (Eli Lilly), a RIPK1 inhibitor, recently completed enrollment for the Phase 2 study in rheumatoid arthritis. Eli Lilly did exit the CNS arm of its Rigel collaboration last year. Gavreto Gavreto has become a “preferred” first-line option in the NCCN Guidelin...