TLRY posts mixed Q3 with revenue growth and narrowing losses, as strong cannabis and distribution gains offset beverage weakness and rising competition.
TLRY posts mixed Q3 with revenue growth and narrowing losses, as strong cannabis and distribution gains offset beverage weakness and rising competition.
Player was in rehab before lawsuit was filed, says attorney Wide receiver’s lawyer says client innocent of wrongdoing Los Angeles Rams star Puka Nacua is in rehab and was there before he was sued by a woman who says he made an antisemitic statement and bit her on the shoulder, according to his attorney. “He was in [rehab] a substantial period of time before any of these allegations broke ... and h...
Player was in rehab before lawsuit was filed, says attorney Wide receiver’s lawyer says client innocent of wrongdoing Los Angeles Rams star Puka Nacua is in rehab and was there before he was sued by a woman who says he made an antisemitic statement and bit her on the shoulder, according to his attorney. “He was in [rehab] a substantial period of time before any of these allegations broke ... and he’s scheduled to be there for a while longer,” Levi McCathern told The California Post. McCathern told the newspaper Nacua’s decision to enter rehab was not a direct response to the lawsuit his accuser filed against him by Madison Atiabi last month, but an attempt “to improve his overall behavior in every aspect of his life.” Continue reading...
Apollo Global Management Inc. President Jim Zelter launched a full throated defense of private credit, downplaying investor concerns and describing recent developments in the asset class as mere “growing pains.” Headlines around retail investors’ withdrawal of cash from private credit funds overemphasized a “skirmish on the sidelines” of the direct lending industry, Zelter said in an interview on ...
Apollo Global Management Inc. President Jim Zelter launched a full throated defense of private credit, downplaying investor concerns and describing recent developments in the asset class as mere “growing pains.” Headlines around retail investors’ withdrawal of cash from private credit funds overemphasized a “skirmish on the sidelines” of the direct lending industry, Zelter said in an interview on Bloomberg Television on Thursday, noting that the rules capping redemptions were perfectly clear — and working as planned. “On page one, in black and white, it talks about a 5% redemption structure of the portfolio to protect all investors,” he said. “We are doing what’s right as a fiduciary. It’s actually quite an easy conversation.” Business development companies, a type of private credit fund for retail investors, have been hit with a wave of redemption requests amid growing anxiety around the $1.8 trillion market’s lending practices and exposure to businesses that are vulnerable to artificial intelligence disruption. Last month, Apollo said that it was curbing withdrawals from one of its largest non-traded private credit funds for retail investors, joining other alternative asset managers who have grappled with a surge in such requests. The $25 billion BDC, Apollo Debt Solutions, capped investor outflows at 5% of outstanding shares Monday after clients sought to redeem 11.2%, according to a shareholder letter. BlackRock Inc. , Blue Owl Capital Inc. and Ares Management Corp. are among the firms that have also curbed withdrawals from such funds. Read More: Trapped in Private Credit, Investors Wait to Pull Out $5 Billion Such rapid redemption requests have led to further questions about whether direct lending — an illiquid form of leveraged finance — is a suitable asset class for investors looking for pockets of liquidity. Speaking at a conference in Asia last week, Zelter said that “certain distribution channels in certain parts of the globe,” may not have fully communica...
JHVEPhoto Technology consulting firm CGI ( GIB ) and Amazon ( AMZN ) Web Services announced a multi-year deal on Thursday that will see the two companies cooperate to boost artificial intelligence innovation and streamline the digital transformation in the U.S. public sector. As part of the deal, the two companies will continue to modernize legacy government systems and data via the cloud. They wi...
JHVEPhoto Technology consulting firm CGI ( GIB ) and Amazon ( AMZN ) Web Services announced a multi-year deal on Thursday that will see the two companies cooperate to boost artificial intelligence innovation and streamline the digital transformation in the U.S. public sector. As part of the deal, the two companies will continue to modernize legacy government systems and data via the cloud. They will also bring more AI uses to the public sector, including analytics, fraud prevention, and operational decision support, the companies said in a statement. In addition, cybersecurity will be enhanced to protect sensitive government systems and data, and there will be better interoperability across agencies. “This agreement enhances our proven ability to better serve government, education, nonprofit and healthcare organizations in the U.S.,” said CGI's President and COO Tim Hurlebaus. “As a Premier Tier Services AWS partner, this new agreement complements CGI’s deep understanding of public sector missions and enables us to co-deliver innovative and transformative solutions that meet the evolving needs of our clients.” “Government agencies need AI that works at mission speed,” David Levy, Vice President, Worldwide Public Sector, AWS, added. “This collaboration puts advanced cloud and AI capabilities directly into the hands of agencies tackling their toughest challenges, from stopping fraud to securing critical systems to delivering better citizen services.” CGI shares were little changed in premarket trading, while Amazon was off more than 1%. More on Amazon and CGI Amazon: This Is Worse Than You Think Amazon: Short-Term Pressure, Long-Term Opportunity Amazon's Bears Watch FCF Go Negative But Miss CEO's Lion's Share View Globalstar rallies 15% as report signals Amazon deal talks Amazon to launch new small business credit cards in partnership with U.S. Bank, Mastercard
Keurig Dr Pepper ( KDP ) confirmed this week that it acquired over 96% of JDP Peet's. The company says the deal brings together its Keurig coffee business with JDE Peet’s global coffee portfolio, and it expects the combined coffee unit to later become a separate, U.S.-listed company called Global Coffee Co. The brands being combined span a wide range of coffee formats and markets, including the Ke...
Keurig Dr Pepper ( KDP ) confirmed this week that it acquired over 96% of JDP Peet's. The company says the deal brings together its Keurig coffee business with JDE Peet’s global coffee portfolio, and it expects the combined coffee unit to later become a separate, U.S.-listed company called Global Coffee Co. The brands being combined span a wide range of coffee formats and markets, including the Keurig single-serve system and brands such as Green Mountain Coffee Roasters and The Original Donut Shop, as well as JDE Peet's pure-play coffee platform operating in more than 100 markets with chains such as Peet’s, L’OR, Jacobs, Tassimo, and Caribou Coffee. Looking ahead, Keurig Dr Pepper ( KDP ) plans to split into two new companies. The company said Global Coffee Co. will be a global coffee powerhouse, while Beverage Co. will be the North American refreshment business that houses the Dr Pepper, Canada Dry, Mott’s, A&W, Peñafiel, GHOST, 7UP, Snapple, Clamato, and Core Hydration brands. Keurig Dr Pepper ( KDP ) has named Rafael Oliveira to lead the future coffee company as CEO, while he continues as CEO of JDE Peet’s during the integration period. More on Keurig Dr Pepper Keurig Dr Pepper: Despite The Business Transformation Risks, I Am A Buyer Keurig Dr Pepper: Rating Upgrade As The Setup Has Turned Favorable Keurig Dr Pepper Inc. (KDP) Q4 2025 Earnings Call Transcript Keurig Dr Pepper, JDE Peet’s offer becomes unconditional after 96% of shares tendered Keurig Dr Pepper outlines low double-digit EPS growth and $25.9B–$26.4B revenue target for 2026 as JDE Peet's integration advances
CasarsaGuru/E+ via Getty Images Shares of Veralto ( VLTO ) have fallen quite a bit in the first quarter, despite a resilient end to 2025. The company continues to perform a balancing act between organic growth, M&A, and buybacks, which provide an upward lift to the fundamental performance. This, in combination with falling prices, makes earnings multiples rapidly come down, with appeal being on th...
CasarsaGuru/E+ via Getty Images Shares of Veralto ( VLTO ) have fallen quite a bit in the first quarter, despite a resilient end to 2025. The company continues to perform a balancing act between organic growth, M&A, and buybacks, which provide an upward lift to the fundamental performance. This, in combination with falling prices, makes earnings multiples rapidly come down, with appeal being on the increase here. Frankly, I like the moves made by Veralto, as recent bolt-on dealmaking comes at a price. While shares have come down quite a bit, I like the lower expectations, but it requires a slightly larger pullback before pulling the trigger here to get involved. Other, higher conviction ideas, including recent M&A efforts, can be found at Value In Corporate Events . A Bolt-On Deal To End The Quarter On the final day of the first quarter, Veralto announced the acquisition of GlobalVision. This Montreal-based business leverages proprietary deterministic technology, which helps pharmaceutical and consumer packaged goods customers with speed to market and packaging compliance regulations. These solutions will be integrated with Veralto's Esko business to meet these customers in facing ever-stringent requirements regarding time to market, consistent branding, and regulatory requirements. The business is seen contributing $25 million in sales this year, with EBITDA margins seen around 30%, for a $7.5 million EBITDA number. However, Veralto sees EBITDA rise to $13 million; this is defined as the 2026 adjusted EBITDA plus cost synergies. These synergies are thus seen at $5.5 million, suggesting synergies exceeding 20% of sales! With a 15 times multiple applied to a $13 million pro forma EBITDA number, the purchase price of $195 million is equal to nearly 8 times sales and 26 times standalone EBITDA, both being rather demanding multiples here. The deal is seen as having a neutral impact on 2026 earnings, with accretion seen to 2027 earnings, although this has not been quanti...
Lindsay (LNN) delivered earnings and revenue surprises of -27.90% and -4.16%, respectively, for the quarter ended February 2026. Do the numbers hold clues to what lies ahead for the stock?
Lindsay (LNN) delivered earnings and revenue surprises of -27.90% and -4.16%, respectively, for the quarter ended February 2026. Do the numbers hold clues to what lies ahead for the stock?