Goldman, Morgan Stanley and 28 other banks reportedly lined up $40 to $60 billion in demand, pressuring Musk to move fast before rival IPOs drain the pool.
Goldman, Morgan Stanley and 28 other banks reportedly lined up $40 to $60 billion in demand, pressuring Musk to move fast before rival IPOs drain the pool.
This gasp-inducing documentary shows a man buzzing over the remarkable insects that bumble around his garden … and ended up changing his life Martin Dohrn likes bees. Big bees, small bees, angry bees, randy bees, bees with voluminous ruffs and calves like tiny Henry VIIIs – rare is the bee that Dohrn doesn’t deem worthy of … what, exactly? Appreciation? Or something more profound? “It’s hard to ex...
This gasp-inducing documentary shows a man buzzing over the remarkable insects that bumble around his garden … and ended up changing his life Martin Dohrn likes bees. Big bees, small bees, angry bees, randy bees, bees with voluminous ruffs and calves like tiny Henry VIIIs – rare is the bee that Dohrn doesn’t deem worthy of … what, exactly? Appreciation? Or something more profound? “It’s hard to explain,” says the veteran wildlife photographer, peering at us through his red-framed glasses while perched at his gadget-strewn kitchen table. “But I really feel for bees. They’re really … I mean, I could say they’re my friends.” Continue reading...
Key PointsThe indictment of Supermicro employees for allegedly exporting AI servers illegally to China shows some systemic vulnerabilities in the U.S. AI hardware supply chain.
Key PointsThe indictment of Supermicro employees for allegedly exporting AI servers illegally to China shows some systemic vulnerabilities in the U.S. AI hardware supply chain.
Gli Azzurri start favourites in the World Cup playoff on Thursday but Michael O’Neill says his young team will show no fear The shorter wait is the one worthy of considerably more attention. Four decades have passed since Northern Ireland appeared at a World Cup, then for the second time in succession. Any disappointment at finishing third in a group also involving Brazil and Spain was offset by h...
Gli Azzurri start favourites in the World Cup playoff on Thursday but Michael O’Neill says his young team will show no fear The shorter wait is the one worthy of considerably more attention. Four decades have passed since Northern Ireland appeared at a World Cup, then for the second time in succession. Any disappointment at finishing third in a group also involving Brazil and Spain was offset by hope of an imminent return. There has been no further seat at international football’s top table. Italy’s World Cup hiatus involves failure to qualify in 2018 and 2022 (their previous two experiences were only marginally less miserable). For four-time winners of the tournament and a nation obsessed with the sport, this constitutes an affront. It brings intense pressure. One of Italy and Northern Ireland will retain the aspiration of 2026 participation when the full-time whistle shrieks in Bergamo on Thursday night. Continue reading...
Dougal Waters Wall Street’s major market averages closed higher on Wednesday as the U.S. reportedly sent Iran a 15-point plan to end the war in the Middle East. The blue-chip Dow ( DJI ) finished higher by +0.6%. At the same time, the benchmark S&P 500 ( SP500 ) ended up +0.5%, and the tech-focused Nasdaq Composite ( COMP:IND ) pushed higher by +0.7%. Here are the three stocks to watch after marke...
Dougal Waters Wall Street’s major market averages closed higher on Wednesday as the U.S. reportedly sent Iran a 15-point plan to end the war in the Middle East. The blue-chip Dow ( DJI ) finished higher by +0.6%. At the same time, the benchmark S&P 500 ( SP500 ) ended up +0.5%, and the tech-focused Nasdaq Composite ( COMP:IND ) pushed higher by +0.7%. Here are the three stocks to watch after market: Driven Brands ( DRVN ) rose 1.6% in after-hours trading after activist investor Adam Wyden’s hedge fund ADW Capital, which holds a 2.5% stake, pushed the automotive service provider to explore a sale or breakup. In a letter to the board, Wyden called for an immediate strategic review and criticized private-equity owner Roark Capital, which holds a 60% stake, for mismanaging the business while being distracted by its food brands including Dunkin’ and Arby’s. Eldorado Gold ( EGO ) is in focus after proxy advisory firm Institutional Shareholder Services recommended shareholders vote to approve the issuance of shares in connection with the company’s proposed acquisition of Foran Mining ( FMCXF ). The deal values the Canadian copper-focused developer at approximately C$3.8 billion. FibroBiologics ( FBLG ) announced its board approved a 1-for-20 reverse stock split to regain compliance with Nasdaq Capital Market minimum bid price requirements. The split takes effect March 30, reducing outstanding shares to approximately 3.5 million from roughly 70.3 million. More on related stocks Eldorado Gold Corporation (ELD:CA) Q4 2025 Earnings Call Transcript Eldorado Gold Corporation 2025 Q4 - Results - Earnings Call Presentation Eldorado Gold Corporation (ELD:CA) M&A Call Transcript Activist investor pushes Driven Brands to explore a sale - WSJ FibroBiologics to implement 1-for-20 reverse stock split to meet Nasdaq requirement
S&P Global Energy President Dave Ernsberger discusses the 'massive but delayed' effects the war in Iran is having on the global energy market, saying that physical markets are bearing the brunt now, but futures markets will start feeling the pressure next. He talks with Romaine Bostick and Katie Greifeld on "The Close." (Source: Bloomberg)
S&P Global Energy President Dave Ernsberger discusses the 'massive but delayed' effects the war in Iran is having on the global energy market, saying that physical markets are bearing the brunt now, but futures markets will start feeling the pressure next. He talks with Romaine Bostick and Katie Greifeld on "The Close." (Source: Bloomberg)
The White House says peace talks with Iran are ongoing, but Tehran says that's not the case. Bloomberg's Michelle Jamrisko reports. (Source: Bloomberg)
The White House says peace talks with Iran are ongoing, but Tehran says that's not the case. Bloomberg's Michelle Jamrisko reports. (Source: Bloomberg)
JHVEPhoto Jefferies Financial Group ( JEF ) fiscal Q1 earnings continued to reflect write-offs from some of its investments as it winds down its merchant banking portfolio. Meanwhile, Q1 revenue topped the Wall Street consensus as investment banking revenue benefited from a surge in equity underwriting and strength in advisory revenue. The company also said its board increased its share repurchase...
JHVEPhoto Jefferies Financial Group ( JEF ) fiscal Q1 earnings continued to reflect write-offs from some of its investments as it winds down its merchant banking portfolio. Meanwhile, Q1 revenue topped the Wall Street consensus as investment banking revenue benefited from a surge in equity underwriting and strength in advisory revenue. The company also said its board increased its share repurchase authorization back to a total of $250M after it bought back $174M of shares in its fiscal Q1. Jefferies ( JEF ) stock rose 0.6% in after-hours trading on Wednesday. Q1 EPS from continuing operations of $0.70 , lagging the $0.91 consensus, increased from $0.57 in last year’s Q1. During the most recent quarter, the company took a $36M non-cash writedown of goodwill associated with the announced sale of Tessellis and $17M of losses related to Market Financial Solutions and First Brands. Jefferies ( JEF ) said its direct exposure to First Brands, the auto parts firm that collapsed last September, is now zero. "We made progress in the further wind-down of our legacy merchant banking portfolio, with the announced sale of Tessellis," said CEO Richard Handler and President Brian Friedman. "We expect this transaction to close in the first quarter of 2027. Going forward, our financial results will increasingly reflect our core business activities." Revenue for the quarter ended Jan. 31, 2026, was $2.02B, vs. the $1.98B consensus, up 27% from $1.59B in the year-ago period. Investment banking net revenue rose to $1.02B from $701M in Q1 2025, with equity underwriting increasing 138% to $306M and debt underwriting declining 8.8% to $182M. Advisory net revenue of $527M jumped 33% Y/Y on increased deal volumes across several sectors. Total capital markets revenue of $779M logged a 12% Y/Y increase. Asset management fees and investment return revenues were $159M, up 91% compared with the prior year quarter. Q1 total noninterest expense of $1.80B vs. $1.44B a year ago. The compensation rati...
International Seaways (NYSE:INSW) reported a sale by its Chief Accounting Officer, James D. Small III, who disposed of 20,000 shares of common stock for a transaction value of roughly $1.5 million, as disclosed in an SEC Form 4 filing . Transaction value based on SEC Form 4 reported price ($75.37); post-transaction value based on the March 24, 2026, closing price ($73.15). * 1-year performance is ...
International Seaways (NYSE:INSW) reported a sale by its Chief Accounting Officer, James D. Small III, who disposed of 20,000 shares of common stock for a transaction value of roughly $1.5 million, as disclosed in an SEC Form 4 filing . Transaction value based on SEC Form 4 reported price ($75.37); post-transaction value based on the March 24, 2026, closing price ($73.15). * 1-year performance is calculated using March 24, 2026, as the reference date. Continue reading
Blackstone Inc. ’s flagship private credit fund has sold a new collateralized loan obligation deal, finding enough demand for the debt to boost its size by $50 million, according to a person familiar with the matter. The fund, known as BCRED, was able to upsize the bond sale to about $450 million , from $400 million, the person said, declining to be identified discussing private details. Unlike mo...
Blackstone Inc. ’s flagship private credit fund has sold a new collateralized loan obligation deal, finding enough demand for the debt to boost its size by $50 million, according to a person familiar with the matter. The fund, known as BCRED, was able to upsize the bond sale to about $450 million , from $400 million, the person said, declining to be identified discussing private details. Unlike most CLOs, the deal is a so-called “static” transaction, with cash flows from a fixed pool of loans rather than an actively traded portfolio. The largest portion of the offering, rated AAA, was sold to investors at a premium of 1.28 percentage point over a floating interest-rate benchmark. That’s a similar risk premium to previous CLOs issued by BCRED. Blackstone first planned the transaction months ago, Bloomberg previously reported . The increase in the size of the offering indicates that despite concerns about the risks in private credit, institutional investors are still happy to invest in deals backed by pools of those loans. BCRED and other private credit retail funds, known as business development companies, have been contending with surging requests for redemptions from retail investors as concerns deepen over exposure to vulnerable industries such as software.
Judges praised the ‘emotional stakes’ of Partridge Boswell’s poem The Gathering, which took the £5,000 top prize A poem about language, love, and processing distressing world events has won this year’s £5,000 National Poetry Competition. The Gathering by Partridge Boswell was picked from more than 21,000 entries by poets in 113 countries. The poem came from Boswell’s attempt to make sense of globa...
Judges praised the ‘emotional stakes’ of Partridge Boswell’s poem The Gathering, which took the £5,000 top prize A poem about language, love, and processing distressing world events has won this year’s £5,000 National Poetry Competition. The Gathering by Partridge Boswell was picked from more than 21,000 entries by poets in 113 countries. The poem came from Boswell’s attempt to make sense of global suffering, state violence and war. He describes how he “followed the media for a long while, writing elegies, parodies and rants” to make sense of his “discomfort and disbelief”, and the emotional burden this entails. Continue reading...
Pizza Pizza Royalty press release ( PZRIF ): Q4 Adjusted earnings per share was flat at C$0.245 Total system sales of C$164M. Same store sales increased 0.2% Royalty Pool sales increased 2.2% More on Pizza Pizza Royalty Pizza Pizza Royalty: I'm Not Taking A Bite At Current Valuations Pizza Pizza Royalty: A Piece Of Advice - Buy It Historical earnings data for Pizza Pizza Royalty Dividend scorecard...
Pizza Pizza Royalty press release ( PZRIF ): Q4 Adjusted earnings per share was flat at C$0.245 Total system sales of C$164M. Same store sales increased 0.2% Royalty Pool sales increased 2.2% More on Pizza Pizza Royalty Pizza Pizza Royalty: I'm Not Taking A Bite At Current Valuations Pizza Pizza Royalty: A Piece Of Advice - Buy It Historical earnings data for Pizza Pizza Royalty Dividend scorecard for Pizza Pizza Royalty Financial information for Pizza Pizza Royalty
BMO Chief FX Strategist Mark McCormick discusses the merits of staying long on the US Dollar, citing carry, growth, and safe-haven demand. He talks with Katie Greifeld and Romaine Bostick on "The Close." (Source: Bloomberg)
BMO Chief FX Strategist Mark McCormick discusses the merits of staying long on the US Dollar, citing carry, growth, and safe-haven demand. He talks with Katie Greifeld and Romaine Bostick on "The Close." (Source: Bloomberg)
ilbusca/E+ via Getty Images Hallador Energy ( HNRG ) up 2.1% post-market Wednesday after saying it signed a three-year agreement to sell substantially all of its remaining accredited capacity to an unnamed utility customer for 2026-28 at record pricing for the company. Hallador ( HNRG ) said the capacity was priced at ~2x capacity pricing levels currently embedded in its forward sales book and is ...
ilbusca/E+ via Getty Images Hallador Energy ( HNRG ) up 2.1% post-market Wednesday after saying it signed a three-year agreement to sell substantially all of its remaining accredited capacity to an unnamed utility customer for 2026-28 at record pricing for the company. Hallador ( HNRG ) said the capacity was priced at ~2x capacity pricing levels currently embedded in its forward sales book and is expected to generate ~$86M in total revenues over the three-year term. Assuming the increased pricing levels, the company said its capacity revenues have the potential to increase to ~$130M annually starting in 2029, which would be in addition to energy revenue. " This transaction establishes a step change for higher capacity pricing at our Merom facility and reflects the strength of demand we are seeing in the market. It also provides a strong foundation as we negotiate additional long-term capacity agreements," Hallador ( HNRG ) Chairman and CEO Brent Bilsland said. More on Hallador Energy Hallador Energy Q4 2025 Earnings Call Transcript https://seekingalpha.com/article/4854365-hallador-capitalizing-on-misos-critical-capacity-gap Hallador: Capitalizing On MISO's Critical Capacity Grip Seeking Alpha’s Quant Rating on Hallador Energy