Clear Harbor Asset Management CEO Aaron Kennon calls moves in the futures markets minutes before a social media post from US President Donald Trump sent crude prices tumbling and equities soaring, “highly suspicious.” (Source: Bloomberg)
Clear Harbor Asset Management CEO Aaron Kennon calls moves in the futures markets minutes before a social media post from US President Donald Trump sent crude prices tumbling and equities soaring, “highly suspicious.” (Source: Bloomberg)
Robin Energy ( RBNE ) on Tuesday said it is commencing a self tender offer to repurchase up to 1,000,000 shares of its common stock, along with associated preferred share purchase rights, at $3.00 per share. The offer, funded from cash on hand, will expire on April 23, 2026, unless extended or withdrawn. The company said the buyback reflects its assessment that repurchasing shares is in the best i...
Robin Energy ( RBNE ) on Tuesday said it is commencing a self tender offer to repurchase up to 1,000,000 shares of its common stock, along with associated preferred share purchase rights, at $3.00 per share. The offer, funded from cash on hand, will expire on April 23, 2026, unless extended or withdrawn. The company said the buyback reflects its assessment that repurchasing shares is in the best interest of shareholders given its cash position and stock price. RBNE is +24.54% to $1.37. Source: Press Release More on Robin Energy Financial information for Robin Energy
Brown Advisory, an investment management company, released its “Brown Advisory Mid-Cap Growth Strategy” fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. The Strategy lagged the Russell Midcap® Growth Index in the fourth quarter due to stock selection. The performance was in line with expectations for the full year. The firm believes […]
Brown Advisory, an investment management company, released its “Brown Advisory Mid-Cap Growth Strategy” fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. The Strategy lagged the Russell Midcap® Growth Index in the fourth quarter due to stock selection. The performance was in line with expectations for the full year. The firm believes […]
Alex Cristi /iStock via Getty Images CrowdStrike ( CRWD ) continues to develop security solutions designed specifically to counter threats from AI-powered adversaries. AI-powered cyberattacks increased by 89% in 2025, according to a report by CrowdStrike. More than 90 organizations were exposed by their own AI development platforms as rogue actors inserted malicious prompts into their generative A...
Alex Cristi /iStock via Getty Images CrowdStrike ( CRWD ) continues to develop security solutions designed specifically to counter threats from AI-powered adversaries. AI-powered cyberattacks increased by 89% in 2025, according to a report by CrowdStrike. More than 90 organizations were exposed by their own AI development platforms as rogue actors inserted malicious prompts into their generative AI tools. In response, CrowdStrike has released three new products to counter AI-related breaches. This included Agentic MDR, Falcon Data Security, and new features within Falcon Cloud Security. Under Agentic MDR, CrowdStrike's security analysts build and orchestrate AI agents to automate high-friction security workflows and stop breaches at machine speed. "As AI-powered adversaries move faster than defenders can respond, security operations must accelerate beyond manual workflows to machine-speed defense," said Austin Murphy , VP & GM of CrowdStrike's Falcon Complete. "Agentic MDR combines elite human expertise with agents so our defenders can investigate and respond at the speed modern attacks demand." CrowdStrike is utilizing Nvidia's ( NVDA ) Nemotron models to further enhance its agents. The new features within Falcon Cloud Security identify cloud exposures most likely to be exploited and their root causes. "Cloud security isn't about generating more alerts; it's about understanding how risk forms and which exposures adversaries will actually target," said Elia Zaitsev , chief technology officer at CrowdStrike. "Our latest innovations are the industry's first to connect application behavior and adversary tradecraft into a single operating model, delivering the context and prioritization that teams need to eliminate noise and remediate critical exposures with speed and precision." Finally, CrowdStrike also introduced Falcon Data Security, which is designed to discover, classify, and secure sensitive data across endpoints, browsers, SaaS, cloud, and AI workflows. "AI has ...
The conflict in the Middle East could derail South Africa’s best economic start in a decade as higher food and fuel prices rein in the fledgling recovery in the continent’s biggest economy, the head of one of the nation’s top retail lenders said. “The war does actually put a damper back on growth,” said Harry Kellan , the chief executive officer of First National Bank, a unit of South Africa’s sec...
The conflict in the Middle East could derail South Africa’s best economic start in a decade as higher food and fuel prices rein in the fledgling recovery in the continent’s biggest economy, the head of one of the nation’s top retail lenders said. “The war does actually put a damper back on growth,” said Harry Kellan , the chief executive officer of First National Bank, a unit of South Africa’s second biggest bank by market value FirstRand Ltd. South Africa’s economy climbed 1.1% in 2025 — the fastest pace in three years — but lagged the International Monetary Fund’s estimate for 4.4% in the sub-Saharan region for last year. The nation’s expansion has averaged less than 1% annually for more than a decade. A credit upgrade by S&P Global Ratings, removal from the Financial Action Task Force’s dirty-money list and slower inflation were signs of a better trajectory. Momentum was expected to pick up as the government and private sector work to revive dilapidated water infrastructure and the state tries to intervene to help deeply dysfunctional municipalities that are unable to provide basic services. But the conflict that started on Feb. 28 has sent oil prices soaring and roiled equity and bond markets across the globe. The rand has lost 6.7% to the dollar since then, making it the worst-performing major and emerging-market currency in the period. The country’s benchmark stocks gauge is the worst globally in dollar terms , having declined 20%. “This year we were going from 1.3% GDP growth to further north of 1.5% and significantly toward 2%, and it would have continued going that way,” Kellan said. Read More: War Knocks Global Economy With Dual Shock to Growth and Prices South African Central Energy Fund data indicates the possibility of the largest monthly fuel-price increase on record set for April, which will stoke inflation concerns and knock consumer demand. Avior Capital Markets cut its forecast for growth in South African gross domestic product this year to 0.2% fr...
Brown Advisory, an investment management company, released its “Brown Advisory Mid-Cap Growth Strategy” fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. The Strategy lagged the Russell Midcap® Growth Index in the fourth quarter due to stock selection. The performance was in line with expectations for the full year. The firm believes […]
Brown Advisory, an investment management company, released its “Brown Advisory Mid-Cap Growth Strategy” fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. The Strategy lagged the Russell Midcap® Growth Index in the fourth quarter due to stock selection. The performance was in line with expectations for the full year. The firm believes […]
Goeasy Ltd. won concessions from its lenders to keep key funding lines open after a surge in loan losses at its troubled auto lending unit sent shares and bonds tumbling, deepening scrutiny of the Canadian subprime lender’s financing model. Bank and financing counterparties have agreed to waive certain financial covenants tied to its fourth-quarter results and amend terms on its main credit facili...
Goeasy Ltd. won concessions from its lenders to keep key funding lines open after a surge in loan losses at its troubled auto lending unit sent shares and bonds tumbling, deepening scrutiny of the Canadian subprime lender’s financing model. Bank and financing counterparties have agreed to waive certain financial covenants tied to its fourth-quarter results and amend terms on its main credit facilities, according to a statement Tuesday. The changes ensure continued access to funding after losses tied to its unit that provides autos and powersports equipment loans, LendCare Holdings , left the firm briefly out of compliance with leverage requirements. Earlier in March, Mississauga, Ontario-based Goeasy suspended its dividend, withdrew guidance and disclosed about C$331 million ($241 million) in net charge-offs for the fourth quarter, including roughly C$233 million linked to LendCare. So far this month, the stock has plunged more than 60% while its 6.875% note due 2030 has fallen 10 cents on the dollar to 79.25 cents, according to Trace data. The amended agreements leave Goeasy’s revolving credit and securitization facilities in place, but on tighter terms. Interest spreads on both lines were increased by 100 basis points, and eligibility criteria were revised to exclude loans originated by LendCare, the epicenter of the company’s recent losses. Lenders also reduced the size of the company’s consumer securitization warehouse facility to C$1.12 billion from C$1.4 billion, while maintaining its C$550 million revolving credit facility, but limiting borrowing availability without additional consent. The changes effectively reset Goeasy’s lender framework after a period marked by deteriorating credit performance. Within LendCare, weaker recoveries on delinquent accounts forced the company to write off loans after extended efforts to restructure debt, repossess vehicles and sell collateral through auctions. Industry-wide bottlenecks — including capacity constraints at repos...