BioMarin Pharmaceutical ( BMRN ) has intended to offer $850M of senior unsecured notes due 2034. The company has also announced new $2B senior secured term loan "B" facility in addition to a $800M senior secured term loan "A" facility and a $600M senior secured revolving credit facility in connection with the pending acquisition. The net proceeds together with borrowings under the term facilities ...
BioMarin Pharmaceutical ( BMRN ) has intended to offer $850M of senior unsecured notes due 2034. The company has also announced new $2B senior secured term loan "B" facility in addition to a $800M senior secured term loan "A" facility and a $600M senior secured revolving credit facility in connection with the pending acquisition. The net proceeds together with borrowings under the term facilities and cash on hand, to fund the consideration payable in connection with the acquisition and related fees and expenses in connection with the Acquisition, The company may also borrow up to $150M under the new revolving facility to pay such fees and expenses. The company has agreed to acquire rare disease drug developer Amicus Therapeutics ( FOLD ) in an all-cash transaction worth nearly $4.8B. Source: Press Release More on BioMarin Pharmaceutical 44th Annual J.P. Morgan Healthcare Conference BioMarin Pharmaceutical Inc. (BMRN) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript BioMarin Acquiring Amicus -- Both Great Companies, Only One Worth Buying Now BioMarin drops development of liver, lung disease asset Key deals this week: Trump Media & Technology, Howard Hughes, BioMarin Pharmaceutical and more
alexsl Stock index futures were mixed before the bell Monday as investors grappled with rising political uncertainty, including sharply increased odds of a U.S. government shutdown and fresh tariff threats. Dow futures ( INDU ) edged higher by +0.086% while S&P 500 futures ( SPX ) advanced +0.0444%. Nasdaq 100 futures ( US100:IND ) slipped -0.0908%. U.S. Treasury yields fell across the curve. The ...
alexsl Stock index futures were mixed before the bell Monday as investors grappled with rising political uncertainty, including sharply increased odds of a U.S. government shutdown and fresh tariff threats. Dow futures ( INDU ) edged higher by +0.086% while S&P 500 futures ( SPX ) advanced +0.0444%. Nasdaq 100 futures ( US100:IND ) slipped -0.0908%. U.S. Treasury yields fell across the curve. The 10-year Treasury yield ( US10Y ) declined 1.6 basis points to 4.22%, while the 30-year yield ( US30Y ) eased 2.1 basis points to 4.81%. The 2-year yield ( US2Y ) dipped 0.6 basis points to 3.60%. “With the year still not yet four weeks old, it’s already been a tour de force of news volatility, even as market volatility has remained relatively contained,” Deutsche Bank strategist Jim Reid said. He noted that President Trump threatened 100% tariffs on Canada if China strikes a trade deal with them, while the odds of a U.S. government shutdown after January 30 jumped from 8% on Friday to 78% on Polymarket. Top S&P 500 gainers included Newmont Corporation ( NEM ) +4.65%, Freeport-McMoRan ( FCX ) +3.91%, and Steel Dynamics ( STLD ) +3.11%. Decliners included Alexandria Real Estate Equities ( ARE ) -2.48%, Coinbase Global ( COIN ) -2.00%, and AMETEK ( AME ) -1.69%. More on S&P 500 Futures, Dow Jones Futures, etc. The Bullish And Bearish Case For 2026 Business Conditions Monthly November 2025 5 Reasons Japan Could Be The Real Risk Markets Are Ignoring U.S. stock futures mixed amid caution after Intel earnings; Dow down 0.1% Wall Street set to extend rally as Greenland fears ease
Maddison Inglis leaves Melbourne Park with a lot, including the high-end toaster she’s always wanted. There is pride, having reached the round of 16 at the Australian Open, but also disappointment. In the biggest match of the local qualifier’s career, the world No 2 Iga Swiatek proved too polished, securing a 6-0, 6-3 victory on Monday night. The result leaves no more local players in the women’s ...
Maddison Inglis leaves Melbourne Park with a lot, including the high-end toaster she’s always wanted. There is pride, having reached the round of 16 at the Australian Open, but also disappointment. In the biggest match of the local qualifier’s career, the world No 2 Iga Swiatek proved too polished, securing a 6-0, 6-3 victory on Monday night. The result leaves no more local players in the women’s singles draw. In the men’s singles, there is only Alex de Minaur, who plays top seed Carlos Alcaraz on Tuesday evening. Against Swiatek, Inglis was up against a top 10 player for only the second time. The first set delivered a bagel, so she set out to prove she was worthy of her place, that she can handle the heat. In the kitchen of Rod Laver Arena, she broke the Pole at the start of the second set and celebrated – part show, part sincere – by jumping along the baseline, arms aloft. “I could go the other way and just mope around like I lost the first 6-0, but I just wanted to enjoy it and try and keep the spirits up,” she said. “I was just like ‘keep fighting, I’ll get there, and if I don’t, it’s not the end of the world’.” Inglis won two more games and had a near-miss at 2-4, dropping to her knees and squealing on a break point when her forehand flew just long. But she was smiling again – as she has done for much of the past two weeks – when she met Swiatek at the net. “I’m proud. I gave it everything these last two weeks,” she said. Her tournament has included a dramatic run through qualifying, two tough main draw victories – including one against her close friend Kimberly Birrell – and a walkover thanks to Naomi Osaka’s last-minute withdrawal. Yet Swiatek was something else. The 24-year-old is chasing a seventh grand slam title. If she wins it at Melbourne Park this week, she would be the third youngest player to complete a career grand slam. “She’s just a next-level player,” Inglis said. “I don’t think I’ve had a lot of experience playing those matches, you just feel th...
Mizuho Financial Group Inc. has brought in Jon Connor and Thibaud de Maria as part of a hiring wave of senior investment bankers, said people familiar with the matter who asked not to be identified because it wasn’t public yet. Connor has held positions at HSBC Holdings Plc including global head of real assets and services and co-head of Middle East investment banking, according to his LinkedIn pr...
Mizuho Financial Group Inc. has brought in Jon Connor and Thibaud de Maria as part of a hiring wave of senior investment bankers, said people familiar with the matter who asked not to be identified because it wasn’t public yet. Connor has held positions at HSBC Holdings Plc including global head of real assets and services and co-head of Middle East investment banking, according to his LinkedIn profile . De Maria is an industrials services banker joining from JPMorgan & Chase & Co. in London. Mizuho has also hired Armand de Vienne , former head of insurance for Europe, the Middle East and Africa at HSBC in Paris, and Richard Robinson , who is set to join from Deutsche Bank AG in New York as vice chair in the industrials group, according to their LinkedIn profiles. Representatives for Mizuho, HSBC and Deutsche Bank declined to comment. A spokesperson for JPMorgan didn’t immediately respond to a request for comment. Bloomberg News previously reported that Mizuho hired London-based banker Michael Magliana from Macquarie Group Ltd. last year. Mizuho acquired Greenhill & Co. in 2023 as the Japanese bank sought to accelerate growth and expand its global investment banking business. The firm has since advised shoe brand Skechers USA Inc. on its buyout by 3G International, as well as Brookfield Infrastructure Partners on its acquisition of the operator of the Colonial Pipeline in the US.
In this article MSFT MU 1810-HK SNPS Follow your favorite stocks CREATE FREE ACCOUNT LEDs light up in a server rack in a data center. Picture Alliance | Picture Alliance | Getty Images Price rises and memory shortages are likely to continue through 2027, a top semiconductor industry CEO told CNBC, adding to the view that the crunch that's been caused by the AI infrastructure boom may last longer t...
In this article MSFT MU 1810-HK SNPS Follow your favorite stocks CREATE FREE ACCOUNT LEDs light up in a server rack in a data center. Picture Alliance | Picture Alliance | Getty Images Price rises and memory shortages are likely to continue through 2027, a top semiconductor industry CEO told CNBC, adding to the view that the crunch that's been caused by the AI infrastructure boom may last longer than expected. Memory chips are a key component of consumer electronics devices like smartphones and laptops. They have also become a critical part of artificial intelligence data centers and the servers that are installed in these facilities. In particular, there is significant demand for high-bandwidth memory. As tens of billions of dollars continue to be spent on data center infrastructure, the demand for memory chips has gone through the roof , sparking an unprecedented price rise for the semiconductors, which is set to continue this year. Sassine Ghazi, CEO of Synopsys , a key semiconductor design tool company, told CNBC in an interview last week that the chip "crunch" will continue through 2026 and 2027. Ghazi said most of the memory from the top players "is going directly to AI infrastructure, but many other products need memory, so those other markets are starved today because there is no capacity left for them." Samsung, SK Hynix, and Micron are the biggest memory companies in the world. While these companies are aiming to expand manufacturing, it takes a "minimum" of two years before that comes online, which is one reason why the crunch is set to last, Ghazi said. Sassine Ghazi, CEO of semiconductor design software firm Synopsys, explains the company's plans to have artificial intelligence take over parts of designing computer chips at the company's annual user conference in Santa Clara, California, on March 19, 2025. Stephen Nellis | Reuters Memory prices have historically traded in cycles of short supply or oversupply, which have dictated the price of the compone...
Key Points Vertiv's partnership with Nvidia makes it one of the most compelling liquid cooling solution providers. The AI boom is still in its early stages, and tech giants need Vertiv's services to ensure AI chips do not overheat. Vertiv is expanding its EMEA market share, which can translate to higher overall revenue growth. 10 stocks we like better than Vertiv › Vertiv's (NYSE: VRT) liquid-cool...
Key Points Vertiv's partnership with Nvidia makes it one of the most compelling liquid cooling solution providers. The AI boom is still in its early stages, and tech giants need Vertiv's services to ensure AI chips do not overheat. Vertiv is expanding its EMEA market share, which can translate to higher overall revenue growth. 10 stocks we like better than Vertiv › Vertiv's (NYSE: VRT) liquid-cooling solutions are a vital backbone of AI infrastructure. Without the company's cooling technology, AI chips would quickly overheat and become useless. Although Vertiv isn't the only company that provides liquid cooling solutions, it is one of the few that is exclusively focused on AI infrastructure and has a direct partnership with Nvidia (NASDAQ: NVDA). That's just scratching the surface of what makes Vertiv a wealth multiplier for long-term investors. It has certainly lived up to that description, with a 775% return over the past five years, but more gains appear to be right around the corner for these reasons. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » The Nvidia partnership is a big deal Vertiv's partnership with Nvidia allows the liquid-cooling solutions provider to work directly with Nvidia for upcoming AI chips. Whenever Nvidia releases a new chip, it is telling the world that Vertiv's technology can keep it up and running. Tech companies in the AI industry value speed and aren't afraid to throw money at proven providers. Vertiv's status as a pre-certified vendor for AI infrastructure makes it the easy choice for many companies that are comfortable paying more for a guaranteed solution than skimping costs for a liquid cooling solution that may not work. Investors can see the results of this competitive advantage in Vertiv's Q3 2025 earnings. The company saw a 60% year-over-year increase in organic orders and raised full-year guidance for net ...
Europe’s junk-debt sales for bonds and loans surged as firms took advantage of easing geopolitical tensions after US President Donald Trump abandoned his Greenland-linked tariff threats. Italmatch Chemicals SpA and health care firm Alloheim Senioren-Residenzen SE were among eight high-yield bond issuers raising about €5.2 billion ($6.16 billion) by around 12:30 p.m. in London on Monday. Among the ...
Europe’s junk-debt sales for bonds and loans surged as firms took advantage of easing geopolitical tensions after US President Donald Trump abandoned his Greenland-linked tariff threats. Italmatch Chemicals SpA and health care firm Alloheim Senioren-Residenzen SE were among eight high-yield bond issuers raising about €5.2 billion ($6.16 billion) by around 12:30 p.m. in London on Monday. Among the 13 companies repricing or refinancing term loans, deals from EG Group and Rehlko were the biggest, with the total nearing €16.7 billion. After just one day, this is already the second busiest week on record for European leveraged loan issuance. It is also the busiest day for the region’s high-yield borrowers since June. A key gauge of European credit risk, the iTraxx Crossover index, has dropped toward multi-year lows after a brief spike last week. Borrowers are seizing on the lull to tap debt markets after a week dominated by headlines from Trump’s trip to the World Economic Forum in Davos. “Everyone was very nervous around geopolitical risks, so a bit of calm after Davos looks like a good time to come to the market,” said Felicity Juckes , a high-yield debt portfolio manager at TwentyFour Asset Management LLP. Italmatch’s bond sale comes at a time when the chemicals sector is struggling with high energy prices and increased competition from abroad. The February 2028 bond of the specialized chemicals maker, whose products are used in water systems and plastics, continues to trade above par. In the term-loan market, EG Group, the convenience store chain founded by the billionaire Issa brothers, began refinancing its debt. The company has been reducing leverage ahead of a potential initial public offering , which earned it an upgrade from S&P Ratings last summer.
Citi believes that Dutch Bros ' strong brand engagement and innovation cadence could boost the stock from here. The bank initiated the coffee chain at a buy rating and $82 price target, which signals upside of 34%. Analyst Jon Tower applauded Dutch Bros' extremely strong underlying brand fundamentals which have created a constant pace of social media content. These include the company's unmatched ...
Citi believes that Dutch Bros ' strong brand engagement and innovation cadence could boost the stock from here. The bank initiated the coffee chain at a buy rating and $82 price target, which signals upside of 34%. Analyst Jon Tower applauded Dutch Bros' extremely strong underlying brand fundamentals which have created a constant pace of social media content. These include the company's unmatched pace of innovation and ongoing simple to execute "drops," such as straw topper or sticker giveaways. Tower added that this strategy especially resonates with a younger customer base, which is especially meaningful when caffeine consumption for individuals tends to grow with age. BROS 1Y mountain BROS 1Y chart "We believe BROS has proven its portability across the U.S., and, beyond a multi-year 'brand funnel' tailwind (driven by footprint expansion and a fast-growing marketing budget), other key SSS levers are set to layer into the story in the coming 12-24 months," Tower wrote. "Longer-term, we believe this on-trend concept (85% cold, 25% energy, 'drops'/innovation that can constantly feed content into and out of social algorithms) is well positioned to win share despite our muted view of the coffee-away-from-home market, and that potential tailwinds in the model outweigh potential headwinds." While the coffee chain currently has a relatively small footprint, Tower believes that it can continue to build from here. Longer term the company is targeting 7,000 stores in the U.S., including 3,500 in the markets it already operates in. Shares of Dutch Bros have added just 1% over the past 12 months. They advanced about 1% in the premarket following the rating change.
Fulham are advancing in talks to sign winger Oscar Bobb from Manchester City. Sources have told BBC Sport Marco Silva's side are close to reaching an agreement for the 22-year-old. Bobb has fallen down the pecking order at City after the January arrival of Antoine Semenyo from Bournemouth. "I know there are rumours, I know there are talks," manager Pep Guardiola said on Saturday after City's win o...
Fulham are advancing in talks to sign winger Oscar Bobb from Manchester City. Sources have told BBC Sport Marco Silva's side are close to reaching an agreement for the 22-year-old. Bobb has fallen down the pecking order at City after the January arrival of Antoine Semenyo from Bournemouth. "I know there are rumours, I know there are talks," manager Pep Guardiola said on Saturday after City's win over Wolves. "But I don't know right now." Asked if Bobb wants to leave the club, Guardiola replied: "I think so." Bobb, who has also had interest from Bundesliga side Borussia Dortmund, has featured 15 times for City this season without scoring. He last played on 17 December against Brentford in the Carabao Cup, when he hobbled off injured inside the opening 20 minutes. Fulham have lost only one of their last seven Premier League games under Silva and sit seventh in the table following their 2-1 win over Brighton on Saturday. Bobb has featured six times for Norway this year, helping them qualify for this summer's World Cup, and would unite with compatriot Sander Berge at Craven Cottage. He missed almost the whole of last season after fracturing a bone in his leg during training in August 2024. The Cottagers have also made a £28m bid to sign PSV Eindhoven forward Ricardo Pepi.
(RTTNews) - Dime Community Bancshares, Inc. (DCOM), a holding company for Dime Community Bank, Monday announced that it plans to redeem all of its outstanding Fixed or Floating Subordinated Debentures due 2030, with $40 million principal amount, on March 30. The redemption is expected to be funded by cash and is surmised to be accretive to EPS. Further, the company has reauthorized a repurchase of...
(RTTNews) - Dime Community Bancshares, Inc. (DCOM), a holding company for Dime Community Bank, Monday announced that it plans to redeem all of its outstanding Fixed or Floating Subordinated Debentures due 2030, with $40 million principal amount, on March 30. The redemption is expected to be funded by cash and is surmised to be accretive to EPS. Further, the company has reauthorized a repurchase of up to 1,566,947 of its common stock that remains under its existing repurchase plan. In pre-market activity, DCOM shares were trading at $33.80, up 2.99% on the Nasdaq. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.