J. Michael Jones Signet Jewelers ( SIG ) was added as a new short idea at Hedgeye with the potential for 50% downside longer-term. "The Consensus bear case on SIG around lab grown diamonds has been wrong, as it has been gross profit accretive and has driven the stock higher," Hedgeye analyst Brian McGough wrote in a note on Sunday. " But our research suggests that this tailwind turns into a massiv...
J. Michael Jones Signet Jewelers ( SIG ) was added as a new short idea at Hedgeye with the potential for 50% downside longer-term. "The Consensus bear case on SIG around lab grown diamonds has been wrong, as it has been gross profit accretive and has driven the stock higher," Hedgeye analyst Brian McGough wrote in a note on Sunday. " But our research suggests that this tailwind turns into a massive headwind that takes the current 6% margin level closer to zero, which will come with a dividend cut, and accelerated store closures." McGough added. Signet ( SIG ) has short interest of 14%. Shares of Signet fell 1.1%. More on Signet Signet Jewelers Limited (SIG) Q4 2026 Earnings Call Transcript Signet Jewelers: Resilient Earnings Make Shares Attractive Signet Jewelers: More Than Engagements Under The Surface Jefferies likes these consumer stocks if the Iran conflict is resolved Signet outlines $6.6B-$6.9B revenue target and brand integration moves amid strategic portfolio shift
filmestria/iStock Editorial via Getty Images I've been writing about the automotive-correlated safety and replacement part/parts industry for some time. Over the years, I've not only covered giants like Autoliv, Inc. ( ALV ), in which I have a position to date, but also companies like Aptiv PLC ( APTV ), as well as spare parts and specialized parts or component companies like Magna International I...
filmestria/iStock Editorial via Getty Images I've been writing about the automotive-correlated safety and replacement part/parts industry for some time. Over the years, I've not only covered giants like Autoliv, Inc. ( ALV ), in which I have a position to date, but also companies like Aptiv PLC ( APTV ), as well as spare parts and specialized parts or component companies like Magna International Inc. ( MGA ) and Lear Corporation ( LEA ), or even BorgWarner Inc. ( BWA ). Even smaller French companies like Valeo have been under my microscope. The automotive industry is an ecosystem that is technically and fundamentally attractive to be a part of at the right valuation. Unfortunately, for the past 10 years, this sector and industry have gone through a massive renaissance that has made investing in the companies mentioned (and the automotive manufacturers themselves) far more problematic than before. I was perhaps a bit too slow to recognize this challenge in most of the sub-sectors and manufacturers, but now that I see it, I'm very careful about moving in the sector. It's no secret that cars have increasingly gone from being what were not that long ago mechanical contraptions with a bit of computer to what I would consider computers with mechanical components. This is a very big shift in what “makes cars,” in my view. Someone like me grew up with the notion that a car is something you can buy, and with a good bit of maintenance, some elbow grease, and a fair bit of love, a car can last 20 years—maybe longer. That is, as I argue now, no longer the case for new cars. Chips, connectors, EV drivetrains, and other components have made cars assets that I don't view as making sense for owning (for personal use) any longer. It's why I don't “own” an EV and why my current automobiles are what I would consider the “last generation” of the mechanical automobile with computers—though I will admit, many of them are on the heavily computerized side. You can find my latest article on...
Worawith Ounpeng/iStock via Getty Images US economic growth in the first quarter is still expected to rebound from the sluggish rise in Q4, but macro storm clouds are gathering for Q2 as the war in Iran continues. The current nowcast for Q1 indicates an annualized 2.1% increase, based on the median estimate from a set of nowcasts compiled by The Capital Spectator. On that basis, growth will recove...
Worawith Ounpeng/iStock via Getty Images US economic growth in the first quarter is still expected to rebound from the sluggish rise in Q4, but macro storm clouds are gathering for Q2 as the war in Iran continues. The current nowcast for Q1 indicates an annualized 2.1% increase, based on the median estimate from a set of nowcasts compiled by The Capital Spectator. On that basis, growth will recover some of the lost momentum in Q4, when the economy expanded by a weak 0.7%. Today’s Q1 estimate is down slightly from the previous update (Mar. 16). Further downgrades are possible, if not likely, between today and April 30, when the Bureau of Economic Analysis publishes its initial GDP estimate for Q1. Most of the economic data for the first three months of the year are expected to reflect pre-war activity. Although it’s unclear how the war has affected output in March, the fallout will probably be limited. PMI survey data, however, suggest a non-trivial headwind in March. The US Composite PMI Output Index, a GDP proxy, fell to 51.4 this month, an 11-month low that reflects a weak growth bias. “The flash PMI survey data for March signal an unwelcome combination of slower growth and rising inflation following the outbreak of war in the Middle East,” says Chris Williamson, chief business economist at S&P Global Market Intelligence. Joseph Brusuelas, chief economist at RSM, a consultancy, today writes: “Financial markets in the United States are pricing in a longer duration of the war in the Middle East. Our RSM US Financial Conditions Index, which has been decelerating since early February, has turned negative, implying a modest drag on growth.” Deciding if a modest drag on growth deteriorates into something worse for Q2 will be determined by how the war evolves in the days and weeks ahead. Perhaps the only calculus that’s reliable at this point: the longer the conflict persists, the greater the economic damage. The odds still suggest the US will avoid a recession starting ...
Canada has awarded about $1.5 billion in long-term support contracts to L3Harris Technologies ( LHX ) and Airbus ( EADSF ) ( EADSY ) as part of a broader effort to strengthen defense capabilities. The agreements cover maintenance and technical support for the country’s incoming CC-330 Husky fleet, which will handle refueling, transport, medical evacuation and other strategic missions. L3Harris ( L...
Canada has awarded about $1.5 billion in long-term support contracts to L3Harris Technologies ( LHX ) and Airbus ( EADSF ) ( EADSY ) as part of a broader effort to strengthen defense capabilities. The agreements cover maintenance and technical support for the country’s incoming CC-330 Husky fleet, which will handle refueling, transport, medical evacuation and other strategic missions. L3Harris ( LHX ) secured two contracts worth roughly $1.1 billion to provide maintenance services, while Airbus ( EADSF ) ( EADSY ) will receive $374 million to deliver engineering and airworthiness support. Canada ordered nine Husky aircraft in 2023, including new and converted Airbus ( EADSF ) ( EADSY ) A330 models, in a deal valued at $3.6 billion. The fleet is expected to replace the aging CC-150 Polaris planes, with the first delivery scheduled for 2027. Officials said the support program could sustain or create about 720 jobs across Ontario, Quebec and Alberta. Procurement Minister Joel Lightbound said the investment is intended to keep the fleet ready for emerging threats, protect national interests and support allied commitments globally. The contracts follow a broader increase in defense spending under Prime Minister Mark Carney , who recently confirmed Canada will meet NATO’s 2% spending target in 2025 and aims to reach 5% by 2035. More on L3Harris Technologies, Airbus SE L3Harris Technologies, Inc. (LHX) Presents at JPMorgan Industrials Conference 2026 Transcript Airbus: Weak Deliveries Raise Questions About The 2026 Target Boeing And Airbus Deliveries Weakness Show Critical Challenge: What's Going On? Rising oil prices may revive Airbus Super Puma, spur offshore expansion NATO is at a breaking point with defense spending on the line
Soybeans are trading with 1 to 3 cent gains on Monday AM trade. Futures closed the Friday session with contracts down 5 to 14 ½ cents in most front months, as May was down 2 cents last week. Open interest was up 1,748 contracts on Friday. The cmdtyView national average...
Soybeans are trading with 1 to 3 cent gains on Monday AM trade. Futures closed the Friday session with contracts down 5 to 14 ½ cents in most front months, as May was down 2 cents last week. Open interest was up 1,748 contracts on Friday. The cmdtyView national average...
Wheat is showing lower trade on Monday morning after weekend forecasts shifted a little wetter. The wheat complex saw mostly higher trade on Friday. Chicago SRW futures were the lagger, closing moistly within ¼ cent of unchanged, as May was up 9 ¾ cents last week. Open interest was down...
Wheat is showing lower trade on Monday morning after weekend forecasts shifted a little wetter. The wheat complex saw mostly higher trade on Friday. Chicago SRW futures were the lagger, closing moistly within ¼ cent of unchanged, as May was up 9 ¾ cents last week. Open interest was down...
Cotton prices are up 55 to 69 points so far. Futures posted gains of 3 to 45 points on Friday, with a weekly gain of 215 points for May. The US dollar index was $0.337 higher at $100.045. Crude oil saw some late session buying up $6.68 on the day...
Cotton prices are up 55 to 69 points so far. Futures posted gains of 3 to 45 points on Friday, with a weekly gain of 215 points for May. The US dollar index was $0.337 higher at $100.045. Crude oil saw some late session buying up $6.68 on the day...
Looking at the universe of stocks we cover at Dividend Channel, on 4/1/26, ING Infrastructure Industrials and Materials Fund (Symbol: IDE) will trade ex-dividend, for its monthly dividend of $0.10, payable on 4/15/26. As a percentage of IDE's recent stock price of $12.36, this
Looking at the universe of stocks we cover at Dividend Channel, on 4/1/26, ING Infrastructure Industrials and Materials Fund (Symbol: IDE) will trade ex-dividend, for its monthly dividend of $0.10, payable on 4/15/26. As a percentage of IDE's recent stock price of $12.36, this
Looking at the universe of stocks we cover at Dividend Channel, on 3/31/26, Goldman Sachs BDC Inc (Symbol: GSBD) will trade ex-dividend, for its quarterly dividend of $0.32, payable on 4/28/26. As a percentage of GSBD's recent stock price of $9.06, this dividend works out to ap
Looking at the universe of stocks we cover at Dividend Channel, on 3/31/26, Goldman Sachs BDC Inc (Symbol: GSBD) will trade ex-dividend, for its quarterly dividend of $0.32, payable on 4/28/26. As a percentage of GSBD's recent stock price of $9.06, this dividend works out to ap
Looking at the universe of stocks we cover at Dividend Channel, on 3/31/26, Benchmark Electronics, Inc. (Symbol: BHE) will trade ex-dividend, for its quarterly dividend of $0.17, payable on 4/10/26. As a percentage of BHE's recent stock price of $56.54, this dividend works out
Looking at the universe of stocks we cover at Dividend Channel, on 3/31/26, Benchmark Electronics, Inc. (Symbol: BHE) will trade ex-dividend, for its quarterly dividend of $0.17, payable on 4/10/26. As a percentage of BHE's recent stock price of $56.54, this dividend works out
Looking at the universe of stocks we cover at Dividend Channel, on 3/31/26, ReposiTrak Inc (Symbol: TRAK) will trade ex-dividend, for its quarterly dividend of $0.02, payable on 5/15/26. As a percentage of TRAK's recent stock price of $7.33, this dividend works out to approxima
Looking at the universe of stocks we cover at Dividend Channel, on 3/31/26, ReposiTrak Inc (Symbol: TRAK) will trade ex-dividend, for its quarterly dividend of $0.02, payable on 5/15/26. As a percentage of TRAK's recent stock price of $7.33, this dividend works out to approxima
Looking at the universe of stocks we cover at Dividend Channel, on 3/31/26, Franklin BSP Realty Trust Inc (Symbol: FBRT) will trade ex-dividend, for its quarterly dividend of $0.20, payable on 4/10/26. As a percentage of FBRT's recent stock price of $8.38, this dividend works o
Looking at the universe of stocks we cover at Dividend Channel, on 3/31/26, Franklin BSP Realty Trust Inc (Symbol: FBRT) will trade ex-dividend, for its quarterly dividend of $0.20, payable on 4/10/26. As a percentage of FBRT's recent stock price of $8.38, this dividend works o
Looking at the universe of stocks we cover at Dividend Channel, on 3/31/26, Dime Community Bancshares Inc - 9.000% Fixed-to- (Symbol: DCOMG) will trade ex-dividend, for its quarterly dividend of $0.5625, payable on 4/15/26. As a percentage of DCOMG's recent stock price of $26.3
Looking at the universe of stocks we cover at Dividend Channel, on 3/31/26, Dime Community Bancshares Inc - 9.000% Fixed-to- (Symbol: DCOMG) will trade ex-dividend, for its quarterly dividend of $0.5625, payable on 4/15/26. As a percentage of DCOMG's recent stock price of $26.3