City Holding Company ( CHCO ) on Wednesday said that its board has approved a share repurchase plan of up to 1 million common shares, representing about 7% of its outstanding stock. The company said the buybacks will be carried out in open market transactions, with no set time limit, and may be started or paused depending on market and business conditions. City Holding also said the new authorizat...
City Holding Company ( CHCO ) on Wednesday said that its board has approved a share repurchase plan of up to 1 million common shares, representing about 7% of its outstanding stock. The company said the buybacks will be carried out in open market transactions, with no set time limit, and may be started or paused depending on market and business conditions. City Holding also said the new authorization replaces its January 2024 repurchase plan, under which it had bought back 822,634 shares as of March 25, 2026. CHCO +0.99% after hours to $120.59. Source: Press Release More on City Holding Seeking Alpha’s Quant Rating on City Holding Historical earnings data for City Holding Dividend scorecard for City Holding Financial information for City Holding
Oil climbed as the US and Iran offered conflicting comments on efforts to end the war that’s shuttered the Strait of Hormuz and stoked concerns of a global energy crisis. West Texas Intermediate rose above $91 a barrel, after ending about 2% lower on Wednesday, as Brent closed above $102. While the White House insisted peace talks are ongoing, Tehran rejected the US overtures and issued its own co...
Oil climbed as the US and Iran offered conflicting comments on efforts to end the war that’s shuttered the Strait of Hormuz and stoked concerns of a global energy crisis. West Texas Intermediate rose above $91 a barrel, after ending about 2% lower on Wednesday, as Brent closed above $102. While the White House insisted peace talks are ongoing, Tehran rejected the US overtures and issued its own conditions, including sovereign control over the critical waterway. US crude is on pace for the biggest monthly gain since mid-2020 as the conflict engulfs the energy-rich Middle East and sends shockwaves through the global economy , hitting Asia especially hard. The near-total closure of Hormuz has meant millions of barrels of lost daily oil production. On Wednesday, the White House mixed offers of diplomacy with threats of more attacks in the war against the Islamic Republic, which Washington started with Israel at the end of February. President Donald Trump “does not bluff and he is prepared to unleash hell,” Press Secretary Karoline Leavitt said. “Iran controls the strait; he needs the strait open,” said Aaron Stein, president of the Foreign Policy Research Institute, referring to the US leader. “He can do that consensually or coercively. He’s trying to do both. So it’s the same old story. We’re gonna yo-yo up and down on price as traders try and glean what will happen,” Stein added. To get Bloomberg’s Energy Daily newsletter in your inbox, click here . WTI for May delivery gained 1.1% to $91.27 a barrel at 6:01 a.m. in Singapore. Brent for May settlement closed 2.2% lower at $102.22 a barrel on Wednesday.
A New York Fed index on Wednesday signaled that the US corporate bond market saw more dislocations in March, with the high-grade bond market more bruised than its high-yield counterpart. The Corporate Bond Market Distress Index, which the Federal Reserve of New York launched in 2022 to assess brewing risks in the US credit market, jumped earlier this month to the highest level since May 2025. The ...
A New York Fed index on Wednesday signaled that the US corporate bond market saw more dislocations in March, with the high-grade bond market more bruised than its high-yield counterpart. The Corporate Bond Market Distress Index, which the Federal Reserve of New York launched in 2022 to assess brewing risks in the US credit market, jumped earlier this month to the highest level since May 2025. The investment-grade component of the index last week surged to the highest since December 2023. The index, based on a 0 to 1 scale, with 1 showing the highest stress, rose to 0.16 from 0.09 in late February. The high-grade index rose to 0.28 from 0.09. The investment-grade sub-index ended the period around the historical 60th percentile - meaning conditions are more stressed than usual. “Credit market functioning deteriorated over the past month,” the New York Fed said on Wednesday. “The investment-grade CMDI sector increased more than its high-yield counterpart.” The index measures the functioning of the corporate bond market by aggregating changes in indicators including the pricing of newly issued bonds and measures of secondary market liquidity. It aims to take a snapshot of market conditions compared with historical periods of market dislocations such as the 2008-2009 global financial crisis and the market stress of March 2020 caused by the Covid-19 virus. The index uses weekly metrics but gets published on a monthly basis on the last Wednesday of each month. Despite the Iran war that started on February 28, the investment-grade bond market has continued to see hefty issuance over the past few weeks, with bond sales of almost $230 billion, close to what bank syndicates had estimated for the month. Investment grade credit spreads - a market measure of credit risk for blue-chip companies - widened over the past few weeks as the Iran war boosted market uncertainty, and then snapped back to 84 basis points as of Tuesday, unchanged from where they stood before the conflict. Bu...
It is reasonable to expect elevated oil prices to eventually start weighing on the profitability of other sectors. We are not there yet, but if the ongoing supply-side issues persist for another couple of months, we should expect earnings estimates in the aggregate to come under pressure.
It is reasonable to expect elevated oil prices to eventually start weighing on the profitability of other sectors. We are not there yet, but if the ongoing supply-side issues persist for another couple of months, we should expect earnings estimates in the aggregate to come under pressure.
Earlier this month, Apple Inc. launched MacBook and shook up the budget laptop market. The launch naturally raised questions about this product's impact on the market share of Alphabet Inc.'s Google Chromebooks and PCs that run Microsoft Corp's Windows operating system. Apple Enters The Budget Laptop Segment MacBook Neo is a 13-inch laptop priced at $599. It is available at $499 for students, maki...
Earlier this month, Apple Inc. launched MacBook and shook up the budget laptop market. The launch naturally raised questions about this product's impact on the market share of Alphabet Inc.'s Google Chromebooks and PCs that run Microsoft Corp's Windows operating system. Apple Enters The Budget Laptop Segment MacBook Neo is a 13-inch laptop priced at $599. It is available at $499 for students, making it especially appealing to students who want to become part of the Apple ecosystem but couldn’t b
Vancouver, British Columbia--(Newsfile Corp. - March 25, 2026) - Oracle Commodity Holding Corp. (TSXV: ORCL) (OTCQB: ORLCF) ("Oracle" or the "Company") announces that, further to its news releases dated March 12, 2026 and March 13, 2026, it has closed the first tranche of its non-brokered private placement (the "Private Placement") raising $136,000 through the sale of 2,720,000 units (each, a "Uni...
Vancouver, British Columbia--(Newsfile Corp. - March 25, 2026) - Oracle Commodity Holding Corp. (TSXV: ORCL) (OTCQB: ORLCF) ("Oracle" or the "Company") announces that, further to its news releases dated March 12, 2026 and March 13, 2026, it has closed the first tranche of its non-brokered private placement (the "Private Placement") raising $136,000 through the sale of 2,720,000 units (each, a "Unit") at a price of $0.05 per Unit. Each Unit consists of one common share of the Company (each, a...
Reversal by London police comes as Shabana Mahmood prepares an appeal against high court overturning ban on the group The Metropolitan police has said it will resume arresting people who show support for Palestine Action just weeks after it said it would no longer do so following a high court ruling that the ban on the direct action group was unlawful. After last month’s judgment, the Met police s...
Reversal by London police comes as Shabana Mahmood prepares an appeal against high court overturning ban on the group The Metropolitan police has said it will resume arresting people who show support for Palestine Action just weeks after it said it would no longer do so following a high court ruling that the ban on the direct action group was unlawful. After last month’s judgment, the Met police said it would immediately stop arresting people for such offences under the Terrorism Act but would gather evidence for potential future prosecutions. Continue reading...
Beijing’s long-standing geopolitical playbook – stay in your lane, avoid military entanglement, prepare exhaustively and issue bland “win-win” statements about the UN charter and calls to talk not fight – could see China emerge favourably from the Iran war, said economists, analysts and former US officials, as the conflict enters its fourth week with little end in sight and the US barrelling ahead...
Beijing’s long-standing geopolitical playbook – stay in your lane, avoid military entanglement, prepare exhaustively and issue bland “win-win” statements about the UN charter and calls to talk not fight – could see China emerge favourably from the Iran war, said economists, analysts and former US officials, as the conflict enters its fourth week with little end in sight and the US barrelling ahead. “People always say that China doesn’t understand the Mideast,” said Jeremy Chan, senior analyst...
Japan’s run of struggling stock market debuts has stretched to the longest in six years, another sign of investor sentiment being shaken by the war in Iran. J-Pharma Co. dropped as much as 22% and Basic Inc. fell as much as 8% on their first day of trading, on a day when Japan’s stock benchmarks advanced along with the rest of Asia. Three other companies this year also fell at the open compared wi...
Japan’s run of struggling stock market debuts has stretched to the longest in six years, another sign of investor sentiment being shaken by the war in Iran. J-Pharma Co. dropped as much as 22% and Basic Inc. fell as much as 8% on their first day of trading, on a day when Japan’s stock benchmarks advanced along with the rest of Asia. Three other companies this year also fell at the open compared with their initial public offering prices. The last time more than five new shares sank on their debut was in March 2020. Japanese stocks had entered a technical correction this month as the war in Iran turned investors more risk averse. The same sentiment is amplified in the IPO market, with only seven deals priced so far this year, the fewest in any first quarter since 2011, according to Bloomberg-compiled data. “The sentiment is getting pretty bad,” said Takamasa Ikeda , a senior portfolio manager at GCI Asset Management Inc., who has stopped joining IPOs this month as buying newly listed shares in the secondary market looked more reasonable. Japan’s IPO market has been reshaped by banks turning to bigger deals and the Tokyo bourse raising the bar for companies to remain listed on its startup market section. That resulted in the number of tiny-sized deals decreasing to a 12-year low last year. Drugmaker ReqMed Scraps Tokyo IPO Plans on Market Volatility Flipping Japan IPOs Loses Luster as Small Share Sales Fade Japan’s Small IPOs Fall to 12-Year Low Amid Market Reforms
Baltimore Democrats Triggered After Grok Generates Bikini Elon Musk, Sue xAI Over Sexual Deepfakes The left-wing one-party rule in Baltimore City can barely govern its own imploding metro area . Parts of downtown are ghost towns; the resident exodus has been severe; taxes are through the roof; industry has left; and decades of progressive policies have helped transform large parts of the metro are...
Baltimore Democrats Triggered After Grok Generates Bikini Elon Musk, Sue xAI Over Sexual Deepfakes The left-wing one-party rule in Baltimore City can barely govern its own imploding metro area . Parts of downtown are ghost towns; the resident exodus has been severe; taxes are through the roof; industry has left; and decades of progressive policies have helped transform large parts of the metro area into crime-ridden no-go zones. Yet somehow, city officials still found the time to weaponize local agencies and go after Elon Musk. Baltimore Mayor Brandon M. Scott and the City Council of Baltimore, represented by the Baltimore City Law Department and DiCello Levitt, filed a lawsuit in the Circuit Court for Baltimore City against Elon Musk's xAI, claiming Grok users were able to create non-consensual sexual deepfakes, including images involving minors, and that the defendants violated Baltimore's Consumer Protection Ordinance. The core claim in the lawsuit is that Grok was marketed as a general-purpose AI chatbot with supposed safeguards, but in reality, it allegedly allowed users to "undress," sexualize, and manipulate photos of real people, including children, with minimal prompting and without meaningful guardrails or age verification. "Beginning in late 2025, x.AI expanded Grok's image-generation and image-editing features, which 'edit' existing photographs, including images of private individuals and children, into photorealistic, sexually explicit, or otherwise degrading content. These features allow Grok, with minimal prompting, to 'undress,' sexualize, or otherwise manipulate images uploaded by or depicting third parties," the lawsuit reads. The lawsuit claims xAI knew the chatbot could be abused on a large scale. It cites allegations that millions of sexualized images were generated in a short period, including thousands that appeared to depict children, and argues users in the metro area were exposed either to the content itself or to the risk that their own im...
Kurt M. Eckert, a director of Miami International Holdings (NYSE:MIAX) , reported the sale of 37,917 shares of common stock—via option exercise and immediate disposition—for a total of approximately $1.48 million, according to a SEC Form 4 filing covering March 19, 2026. Transaction value based on SEC Form 4 weighted average purchase price ($39.00); post-transaction value based on March 19, 2026 m...
Kurt M. Eckert, a director of Miami International Holdings (NYSE:MIAX) , reported the sale of 37,917 shares of common stock—via option exercise and immediate disposition—for a total of approximately $1.48 million, according to a SEC Form 4 filing covering March 19, 2026. Transaction value based on SEC Form 4 weighted average purchase price ($39.00); post-transaction value based on March 19, 2026 market close ($39.00). Miami International Holdings, Inc. is a diversified exchange operator with a growing presence in the U.S. and international capital markets. The company leverages a multi-asset platform strategy to attract volume and liquidity across options, equities, and futures products. Its integrated clearing and execution services, combined with a focus on technology, position it to compete effectively in the evolving financial marketplace. Continue reading
Sandwish/iStock via Getty Images SPY vs. JEPI: Current Valuation Gap and VIX Unlikely to Last My last work on the JPMorgan Equity Premium Income ETF ( JEPI ) was published on Dec 23, 2025, and rated the stock as a buy . The rating was mainly based on the consideration of the VIX index (which was relatively low at that time), the inflation data, and also JEPI’s valuation. Since the publication of t...
Sandwish/iStock via Getty Images SPY vs. JEPI: Current Valuation Gap and VIX Unlikely to Last My last work on the JPMorgan Equity Premium Income ETF ( JEPI ) was published on Dec 23, 2025, and rated the stock as a buy . The rating was mainly based on the consideration of the VIX index (which was relatively low at that time), the inflation data, and also JEPI’s valuation. Since the publication of that work, our macroeconomic conditions have undergone a few material changes, which motivated this reassessment of the return/risk calculus of JEPI relative to the broader market, for which I will use the SPDR S&P 500 ETF Trust ( SPY ) as a proxy. More specifically, the remainder of this article will examine 2 changes in detail: the changes in the VIX index and also the changes in their dividends. In the end, my overall conclusion is that the current market conditions present a compelling case for JEPI due to its high income and volatility-mitigating strategies. As a reflection of the ongoing volatility, both funds have suffered sharp price corrections since early March, as you can see from the next chart. Looking ahead, with the uncertainties evolving around inflation, interest rates, and also geological conflicts in the Middle East, I anticipate elevated VIX to persist. Under this outlook, JEPI offers a superior risk-adjusted profile for the current environment, especially for investors who need active income, as detailed next. Seeking Alpha JEPI and SPY: Basic Information Before diving in, let me quickly cover the basics of JEPI and SPY. The SPY ETF probably needs no introduction, and I will just quote the fund’s brief bio below. SPY Fund description: The fund tracks the massively popular US index, the S&P 500. The index offers outstanding exposure to the US large-cap space. JEPI needs a bit more of an introduction. The fund actively evaluates overvalued and undervalued stocks in the SP500 universe to construct its portfolio. In the meantime, the fund also actively sells...