Bausch + Lomb (NYSE:BLCO) , a global leader in eye health products and surgical devices, reported a recent insider buy amid ongoing sector activity. Alfonso Eduardo, Director at Bausch + Lomb, reported an open-market purchase of 4,300 common shares for a total consideration of approximately $77,000, according to the SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchas...
Bausch + Lomb (NYSE:BLCO) , a global leader in eye health products and surgical devices, reported a recent insider buy amid ongoing sector activity. Alfonso Eduardo, Director at Bausch + Lomb, reported an open-market purchase of 4,300 common shares for a total consideration of approximately $77,000, according to the SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase price ($17.90); post-transaction value based on March 2, 2026 market close ($18.41). Bausch + Lomb's matching share program granted an additional 4,300 restricted share units at no cost in connection with this purchase, vesting in equal thirds on the first, second, and third anniversaries of the grant date, subject to continued board service. Continue reading
Iuliia Antonova/iStock Editorial via Getty Images Investment Thesis DHT Holdings ( DHT ) is experiencing astonishing rates despite the stock not reflecting them. I expect that Q2 yield could be above 20% annualized, depending on achieved rates. Moreover, if the Strait of Hormuz reopens in the next few weeks, rates could remain elevated during all of 2026. Background DHT is a crude oil shipping com...
Iuliia Antonova/iStock Editorial via Getty Images Investment Thesis DHT Holdings ( DHT ) is experiencing astonishing rates despite the stock not reflecting them. I expect that Q2 yield could be above 20% annualized, depending on achieved rates. Moreover, if the Strait of Hormuz reopens in the next few weeks, rates could remain elevated during all of 2026. Background DHT is a crude oil shipping company and the only listed company fully focused on the VLCC segment. Investor Presentaion Its fleet consists of 23 on-the-water vessels plus two new builds that will be delivered in the next few months. On a fully delivered basis, the fleet will remain at 23 vessels since the company agreed to sell its two 2007 VLCC, its oldest vessels for more than $50 million each . Despite the four new builds (two already delivered), the fleet is relatively old, with an average age of almost 9 years. This is because all vessels, excluding the four 2026 ones, were built between 2011 and 2018. To compensate for the older fleet, all its VLCC are scrubber fitted. On the Q4 conference call, management commented that they don’t plan to sell any more vessels. So we are done selling for now. So these -- we have 5 ships that are built in 2011, 2012. They're fantastic ships, large deadweight, excellent fuel economics, very, very good condition, and they serviced both us and our customers very well, and they are earning top dollars in the market. So they're not going anywhere but staying in the DHT fleet. Another characteristic of the company is that it typically has several vessels chartered out, limiting its spot exposure. Given the uptick in rates at the start of the year, the company took the opportunity and chartered out three ships at astonishing rates between $90,000 per day and $105,000 . Right now, the company has 12 vessels chartered out, which is around 50% of the fleet, but two of them will finish their current contract at the end of the quarter. This charter out strategy provides some e...
Singapore will stick to its rules-based trade principles even if it comes at a short-term cost, the Business Times reported Wednesday, citing the country’s Deputy Prime Minister Gan Kim Yong . “This is important for us as a hub economy. We have to be a trusted partner… No one will send their goods through Singapore if they do not trust us,” Gan said in response to a question on how Singapore asses...
Singapore will stick to its rules-based trade principles even if it comes at a short-term cost, the Business Times reported Wednesday, citing the country’s Deputy Prime Minister Gan Kim Yong . “This is important for us as a hub economy. We have to be a trusted partner… No one will send their goods through Singapore if they do not trust us,” Gan said in response to a question on how Singapore assessed the US as a long-term strategic and economic partner. His comments come after the US launched Section 301 trade probes into 16 economies, including Singapore. The city-state’s trade ministry said it ran a trade deficit with the US in 2024, disputing figures from Washington that showed the Singapore posted a surplus. Gan said negotiations with the US to secure a better deal for Singapore were ongoing, without providing details to the newspaper. Ahead of an official visit to Germany, he also urged Singaporean firms to stay the course on overseas expansion plans even in face of near-term disruptions from rising geopolitical tensions and trade uncertainty. Read More: Singapore Ready to Act on Energy Impact, Will Review GDP Outlook