Honeywell (HON 3.63%) stock slipped 3.8% through 2:50 p.m. ET Friday after announcing it will pay off about $7.6 billion worth of its dollar- and euro-denominated debt. Honeywell had earlier offered to repurchase debt through a tender offer. Today's news concerns the result of that tender offer. What's Honeywell up to here? Specifically, Honeywell said it will redeem a total of $4.67 billion worth...
Honeywell (HON 3.63%) stock slipped 3.8% through 2:50 p.m. ET Friday after announcing it will pay off about $7.6 billion worth of its dollar- and euro-denominated debt. Honeywell had earlier offered to repurchase debt through a tender offer. Today's news concerns the result of that tender offer. What's Honeywell up to here? Specifically, Honeywell said it will redeem a total of $4.67 billion worth of dollar-denominated debt. (Lenders had tendered more than $7.2 billion, but $4.67 billion was the most Honeywell was prepared to pay off.) A further 2.49 billion of debt denominated in euros ($2.9 billion) was further tendered for redemption. The debt redeemed ranged from 1.75% to 9.06% in terms of the interest it paid, with due dates ranging from as near as 2027 to as late as 2064. Honeywell announced 10 days ago that it was issuing $16 billion in senior notes, amassing cash as it prepares to spin off its aerospace business. The notes described in that press release pay interest rates ranging from 3.9% through 5.85%, with due dates ranging from as early as 2028 to as late as 2056. Most of the new debt, though, tends to be longer dated, coming due only 10 to 30 years from now. Expand NASDAQ : HON Honeywell International Today's Change ( -3.63 %) $ -8.31 Current Price $ 220.72 Key Data Points Market Cap $146B Day's Range $ 219.83 - $ 229.50 52wk Range $ 168.99 - $ 248.18 Volume 4M Avg Vol 4.1M Gross Margin 37.99 % Dividend Yield 1.97 % What this means for Honeywell Paying off debt is generally considered a good thing. Problem is, Honeywell isn't so much paying off debt as simply rolling it over -- and not necessarily, or not entirely, at more attractive interest rates. Especially in light of recent events (yes, I mean Iran and the Strait of Hormuz), and their potential to push interest rates higher, investors may have preferred that Honeywell hang onto its new cash a bit longer before using it to roll over old debt.
George Bory, chief Investment strategist of fixed income at Allspring Global Investments, joins Scarlet Fu on "Bloomberg Real Yield." Bond traders are scrambling for a new strategy after the oil-driven inflation shock triggered by the war in Iran scuppered the popular bet on interest-rate cuts from the Federal Reserve. (Source: Bloomberg)
George Bory, chief Investment strategist of fixed income at Allspring Global Investments, joins Scarlet Fu on "Bloomberg Real Yield." Bond traders are scrambling for a new strategy after the oil-driven inflation shock triggered by the war in Iran scuppered the popular bet on interest-rate cuts from the Federal Reserve. (Source: Bloomberg)
What happened According to a recent SEC filing dated February 17, 2026, Second Line Capital, LLC increased its position in First Trust Enhanced Short Maturity ETF (FTSM +0.00%) by 113,340 shares. The fund's position value at quarter-end rose by $6.77 million, reflecting both the trade and price changes. What else to know This buy brings FTSM to 2.88% of Second Line Capital’s 13F reportable AUM as ...
What happened According to a recent SEC filing dated February 17, 2026, Second Line Capital, LLC increased its position in First Trust Enhanced Short Maturity ETF (FTSM +0.00%) by 113,340 shares. The fund's position value at quarter-end rose by $6.77 million, reflecting both the trade and price changes. What else to know This buy brings FTSM to 2.88% of Second Line Capital’s 13F reportable AUM as of December 31, 2025. Top holdings after the filing: NYSEMKT:ACIO: $54.68 million (approximately 11.2% of AUM) NYSEMKT:DRSK: $38.11 million (approximately 7.8% of AUM) NYSEMKT:IDUB: $33.02 million (approximately 6.8% of AUM) NYSEMKT:SPDW: $26.31 million (approximately 5.4% of AUM) NYSEMKT:ADME: $22.49 million (approximately 4.6% of AUM) As of February 17, 2026, shares were priced at $60.04, up approximately 4.6% over the past year. ETF overview Metric Value AUM 6.3 billion Price (as of market close 2/17/26) $60.04 Dividend yield 4.24% 1-year total return 4.58% ETF snapshot First Trust Enhanced Short Maturity ETF (FTSM) is a large, actively managed short-duration bond fund with a market capitalization of $6.26 billion. The fund targets enhanced yield by investing in a diversified mix of high-quality, short-term debt instruments, maintaining a focus on capital preservation and liquidity. Its disciplined approach and low duration profile position it as a flexible cash management solution for institutional and professional investors seeking stability and incremental income in changing rate environments. The ETF’s investment strategy focuses on U.S. dollar-denominated fixed- and variable-rate debt securities with an average duration under one year and average maturity under three years. Its portfolio is composed primarily of U.S. dollar-denominated fixed- and variable-rate debt securities, with an average duration under one year and average maturity under three years. What this transaction means for investors The First Trust Enhanced Short Maturity ETF is designed for investors ...
Alphabet (GOOGL 2.46%) (GOOG 2.50%) was a phenomenal performer in 2025, as its shares skyrocketed 65% last year. They are down about 3% in 2026 (as of March 16), but investors might not find it difficult to be optimistic. Can this top artificial intelligence (AI) stock rise about 15% from the current price of $305 to $350 by year-end? The math says it's possible. Earnings growth has propelled Goog...
Alphabet (GOOGL 2.46%) (GOOG 2.50%) was a phenomenal performer in 2025, as its shares skyrocketed 65% last year. They are down about 3% in 2026 (as of March 16), but investors might not find it difficult to be optimistic. Can this top artificial intelligence (AI) stock rise about 15% from the current price of $305 to $350 by year-end? The math says it's possible. Earnings growth has propelled Google In the past three years, Alphabet's diluted earnings per share climbed at a compound annual rate of 33.3%. This is an impressive trend. It showcases the strength of the underlying business, as durable revenue growth, particularly in areas like digital advertising and Google Cloud, continues to be a driving force for the bottom line. For 2026, the consensus view among sell-side analysts is that Alphabet's diluted EPS will grow by just 7% compared to the year before. That would mark a notable slowdown from the previous year. However, it's still a positive figure that can be the tailwind the share price needs to increase. Alphabet plans to spend $175 billion to $185 billion on capital expenditures in 2026, as it focuses on its AI strategy. This will impact profits. "As we've discussed on previous calls, the significant increase in our investments in technical infrastructure will continue to put pressure on the P&L in the form of higher depreciation expense and related data centers' operations costs such as energy," CFO Anat Ashkenazi said on the Q4 2025 earnings call. Expand NASDAQ : GOOGL Alphabet Today's Change ( -2.46 %) $ -7.56 Current Price $ 299.57 Key Data Points Market Cap $3.7T Day's Range $ 298.50 - $ 305.76 52wk Range $ 140.53 - $ 349.00 Volume 1M Avg Vol 32M Gross Margin 59.68 % Dividend Yield 0.27 % Market sentiment can play an important role Alphabet's stock can also benefit from an expanding valuation multiple. Shares currently trade at a price-to-earnings (P/E) ratio of 28. While this represents a premium to the overall S&P 500 index's multiple, it's easy to...
Microsoft (NASDAQ: MSFT) has stumbled into one of the market's most fascinating contradictions. The stock is down, AI spending is exploding, and fear is rising, yet the long-term engine may be getting stronger. This setup could either mark the start of a painful reset or a rare chance to buy a dominant compounder while sentiment is still broken. Stock prices used were the market prices of March 13...
Microsoft (NASDAQ: MSFT) has stumbled into one of the market's most fascinating contradictions. The stock is down, AI spending is exploding, and fear is rising, yet the long-term engine may be getting stronger. This setup could either mark the start of a painful reset or a rare chance to buy a dominant compounder while sentiment is still broken. Stock prices used were the market prices of March 13, 2026. The video was published on March 19, 2026. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Should you buy stock in Microsoft right now? Before you buy stock in Microsoft, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Microsoft wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $494,747!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,094,668!* Now, it’s worth noting Stock Advisor’s total average return is 911% — a market-crushing outperformance compared to 186% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. See the 10 stocks » *Stock Advisor returns as of March 20, 2026. Rick Orford has positions in Microsoft. The Motley Fool has positions in and recommends Microsoft. The Motley Fool has a disclosure policy. Rick Orford is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions r...
Key Points The sell-side analyst community expects Alphabet's diluted earnings per share to rise by just 7% in 2026. The company’s huge AI-related investments will likely impact its profitability. It wouldn’t be surprising to see an expanding valuation multiple, which can be a tailwind for the stock. 10 stocks we like better than Alphabet › Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) was a phenomenal ...
Key Points The sell-side analyst community expects Alphabet's diluted earnings per share to rise by just 7% in 2026. The company’s huge AI-related investments will likely impact its profitability. It wouldn’t be surprising to see an expanding valuation multiple, which can be a tailwind for the stock. 10 stocks we like better than Alphabet › Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) was a phenomenal performer in 2025, as its shares skyrocketed 65% last year. They are down about 3% in 2026 (as of March 16), but investors might not find it difficult to be optimistic. Can this top artificial intelligence (AI) stock rise about 15% from the current price of $305 to $350 by year-end? The math says it's possible. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Earnings growth has propelled Google In the past three years, Alphabet's diluted earnings per share climbed at a compound annual rate of 33.3%. This is an impressive trend. It showcases the strength of the underlying business, as durable revenue growth, particularly in areas like digital advertising and Google Cloud, continues to be a driving force for the bottom line. For 2026, the consensus view among sell-side analysts is that Alphabet's diluted EPS will grow by just 7% compared to the year before. That would mark a notable slowdown from the previous year. However, it's still a positive figure that can be the tailwind the share price needs to increase. Alphabet plans to spend $175 billion to $185 billion on capital expenditures in 2026, as it focuses on its AI strategy. This will impact profits. "As we've discussed on previous calls, the significant increase in our investments in technical infrastructure will continue to put pressure on the P&L in the form of higher depreciation expense and related data centers' operations costs such as energy," CF...
With inflation persistently high and oil prices surging because of the ongoing Iran war, the Federal Reserve kept its benchmark interest rate steady on March 18 and signaled that interest rates cuts will be delayed, possibly until 2027. That's a double whammy for metals and mining stocks. On the one hand, metal prices are tanking. A war traditionally boosts demand for precious metals like gold and...
With inflation persistently high and oil prices surging because of the ongoing Iran war, the Federal Reserve kept its benchmark interest rate steady on March 18 and signaled that interest rates cuts will be delayed, possibly until 2027. That's a double whammy for metals and mining stocks. On the one hand, metal prices are tanking. A war traditionally boosts demand for precious metals like gold and silver. This time, however, the U.S. dollar and bonds have emerged as the chosen safe-haven assets, thanks to high interest rates. On the other hand, operational costs for miners are exploding on higher fuel costs. Brent crude oil price, for instance, has surged more than 50% since the Iran war. Not surprisingly, the major mining stocks are struggling to hold their ground. The biggest metals and mining losers Shares of the world's largest gold miner, Newmont Corporation (NEM 3.92%), sank 13.5% this week and have dropped over 25% since the Iran war. Shares of Barrick Mining (B 4.42%), another top gold producer, have fallen nearly as much. Hecla Mining (HL 5.48%) stock has plunged over 50% from its late-January 52-week high. Hecla is the largest silver miner in the U.S. and Canada. Another notable name is Wheaton Precious Metals (WPM 5.20%), which has roughly 52% exposure to gold and 46% to silver. The stock has lost 18% value in one week and 30% in March so far. Industrial metals and mining stocks are also feeling the pinch. Shares of the world's largest mining company, BHP (BHP 4.13%), have fallen nearly 20% in March so far. NEM data by YCharts Should you sell mining stocks now? The critical challenge in the current environment is distinguishing between a macro-driven sell-off and a fundamental collapse. Right now, the metals and mining sector is caught between high interest rates, surging energy costs, a stronger dollar, and fears of an economic slowdown, all of which are weighing on metal prices and testing the resilience of even the most established miners. Newmont, for...
Cipher Digital Inc. (NASDAQ:CIFR) earns a place on our list of the best blockchain infrastructure stocks according to analysts. Cipher Digital Inc. (NASDAQ:CIFR) The current backdrop to the company’s outlook is marked by evolving analyst expectations and the company’s ongoing strategic transformation. Cipher Digital Inc. (NASDAQ:CIFR) was revisited by analysts at Keefe, Bruyette & Woods on March 1...
Cipher Digital Inc. (NASDAQ:CIFR) earns a place on our list of the best blockchain infrastructure stocks according to analysts. Cipher Digital Inc. (NASDAQ:CIFR) The current backdrop to the company’s outlook is marked by evolving analyst expectations and the company’s ongoing strategic transformation. Cipher Digital Inc. (NASDAQ:CIFR) was revisited by analysts at Keefe, Bruyette & Woods on March 11, 2026. The analysts cut their 2026 and 2027 revenue and EBITDA forecasts amid lower hash prices, higher spending, and the company’s expected close of its Bitcoin mining operations in 2027. They further added that investors are overexcited about the company’s existing leases and its 2026 leasing outlook. The firm trimmed its price target on the stock from $22 to $20, while reiterating an “Outperform” rating. Meanwhile, in its fourth-quarter and full-year 2025 earnings release, management unveiled the company’s rebranding from Cipher Mining to Cipher Digital. The move reflects Cipher Digital Inc. (NASDAQ:CIFR)’s transition toward high-performance computing (HPC) data center development. Citing long-term leases with hyperscale customers, including Amazon, Alphabet, and Fluidstack, CEO Tyler Page said the company is experiencing a rapid evolution into a leading HPC data center developer. Cipher Digital Inc. (NASDAQ:CIFR) focuses on the development of industrial-scale data centers dedicated to high-performance computing and digital asset workloads. The company leverages expertise in power sourcing, engineering, and infrastructure to provide capacity for hyperscale computing demand. While we acknowledge the potential of CIFR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years a...
ibnjaafar/E+ via Getty Images Precisely what impact the Iran War will have on British consumer staples giant Reckitt Benckiser ( RBGLY )( RBGPF ) remains to be seen. One thing's for sure: weak consumer sentiment was already a pressing issue before the start of hostilities last month, and Reckitt is now facing the very real prospect that spiking energy prices will stoke inflation and maybe even lea...
ibnjaafar/E+ via Getty Images Precisely what impact the Iran War will have on British consumer staples giant Reckitt Benckiser ( RBGLY )( RBGPF ) remains to be seen. One thing's for sure: weak consumer sentiment was already a pressing issue before the start of hostilities last month, and Reckitt is now facing the very real prospect that spiking energy prices will stoke inflation and maybe even lead to a global recession. At the very least, it's not going to make life any easier. Unsurprisingly, this bleak assessment has weighed heavily on Reckitt's shares lately. The ADSs have actually done well since my last update in 2024, returning around 18%, but they were up as much as 40% just a few weeks ago. On the bright side, the stock is currently trading for less than 15x trailing adjusted EPS, so this does mean Reckitt has gotten pretty cheap again. Accordingly, I am leaving my "Buy" rating in place. Data by YCharts Demand Concerns Reckitt owns well-known household and personal care brands like Dettol, Vanish, Durex, and Lysol. Via Mead Johnson, it also has a line in infant formula, though this is now a non-core unit that Reckitt is looking to exit. The core business accounted for just over 70% of Reckitt's revenue last year, 80% of which came from a collection of 11 power brands. These products typically command the number one or two positions in their respective categories. Source: Reckitt Benckiser 2025 Results Factsheet These categories have relatively decent organic growth prospects. Consistent with this, revenue in Reckitt's core business rose 2.2% last year to £10.23 billion. This isn't as bad as it looks, as currency was a 280 basis point headwind last year. Like-for-like sales grew over 5%, with positive contributions from volumes (up 1.5%) and price/mix (up 3.7%). Reckitt is a global business, and some places have been doing better than others. Emerging markets, which include India, China, Brazil, and more, have been good. Excluding its non-core units, Reckitt...
Kalshi isn’t having a very good week. On Tuesday, the Attorney General of Arizona filed a 20-count criminal complaint against the online prediction market, accusing it of running an illegal gambling business in the state. Now, another southwestern state has taken a big swing at the company: a judge in Nevada has temporarily banned the service from operating in the state as part of an ongoing court...
Kalshi isn’t having a very good week. On Tuesday, the Attorney General of Arizona filed a 20-count criminal complaint against the online prediction market, accusing it of running an illegal gambling business in the state. Now, another southwestern state has taken a big swing at the company: a judge in Nevada has temporarily banned the service from operating in the state as part of an ongoing court case brought by state regulators. Nevada, on behalf of its Gaming Control Board, sued Kalshi in February in an effort to block the prediction site from operating in the state. Officials maintain that Kalshi has failed to acquire the appropriate state gaming licenses that would cover the kind of betting activity its users are engaged in and that, by allowing users under the age of 21 to use its services, it violates state law. Earlier this month, the state requested a temporary restraining order against Kalshi as part of its ongoing case. In a state court on Friday, Judge Jason D. Woodbury granted the state’s request and scheduled a hearing on the restraining order for early next month, court documents show. In his order, Woodbury wrote that Kalshi was not licensed under the Nevada Gaming Control Act, and that, given Kalshi’s policy of taking a commission from contracts purchased through its system, it was clearly operating a “percentage game” (which the state defines as gambling). Kalshi has argued that, due to its registration with the Commodity Futures Trade Commission, it is under that federal agency’s exclusive regulatory domain, which should exempt it from state laws, court documents show. However, Woodbury noted that the issue of whether federal law overrides state law is still unsettled for now, but the courts have not been leaning in that direction. Kalshi declined to comment on the development when reached by TechCrunch. Wired first reported on the judge’s decision. Reuters reports that Nevada had previously convinced judges to ban Kalshi competitors like Coinbase...
ronniechua/iStock via Getty Images The state of Georgia on Friday responded to the global energy shock with a fuel tax holiday, offering an early look at how U.S. policymakers may try to blunt the hit from rising oil and natural gas prices. Governor Brian Kemp signed HB 1199 into law, triggering a 60-day suspension of the state levy on gasoline and diesel, according to a release. Georgia's excise ...
ronniechua/iStock via Getty Images The state of Georgia on Friday responded to the global energy shock with a fuel tax holiday, offering an early look at how U.S. policymakers may try to blunt the hit from rising oil and natural gas prices. Governor Brian Kemp signed HB 1199 into law, triggering a 60-day suspension of the state levy on gasoline and diesel, according to a release. Georgia's excise tax is 33.3 cents on gasoline and 37.3 cents on diesel, and the governor's office said pump prices should start reflecting the change in the coming days. The move gives the market an early glimpse of how policymakers may try to lean against the inflationary hit from higher energy ( CO1:COM ) ( CL1:COM ) ( NG1:COM ) prices induced by the war in Iran. As RSM Chief Economist Joseph Brusuelas put it in a social media post, "t his is the first of what will be many attempts by the policy sector to mitigate the oil shock." "Today's suspension of the state gas tax enabled by House Bill 1199 will save hardworking Georgians and the truckers who keep our state moving nearly $400 million over the next 60 days," said Speaker Jon Burns. Dear readers: We recognize that politics often intersects with the financial news of the day, so we invite you to click here to join the separate political discussion. More on United States Natural Gas Fund LP ETF, ProShares Ultra Bloomberg Natural Gas ETF, etc. The Market Has Been Too Complacent About The Strait of Hormuz Commodities: LNG Supply Disruptions Now A Long-Term Problem As Iran Hits Qatari Facilities A Look Around Markets In A Scary Post-FOMC Morning - Market Outlook One-year inflation bets surge past 5% in wake of oil shock Investors should expect Brent and gasoline to trade higher long-term – analyst
据知情人士透露，Savvy Games Group正大举进军移动游戏领域，同意以60亿美元估值从字节跳动手中收购沐瞳科技。该交易预计将于近期完成，沐瞳科技CEO张云帆在内部表示，公司领导层将保持不变，员工可能获得新的激励计划。这一安排表明，Savvy在扩大移动游戏版图时，优先考虑的是业务延续性，而非进行彻底的运营重组。 Savvy CEO布莱恩·沃德将此次收购定位为扩大公司移动端和电竞能力的战略举...
据知情人士透露，Savvy Games Group正大举进军移动游戏领域，同意以60亿美元估值从字节跳动手中收购沐瞳科技。该交易预计将于近期完成，沐瞳科技CEO张云帆在内部表示，公司领导层将保持不变，员工可能获得新的激励计划。这一安排表明，Savvy在扩大移动游戏版图时，优先考虑的是业务延续性，而非进行彻底的运营重组。 Savvy CEO布莱恩·沃德将此次收购定位为扩大公司移动端和电竞能力的战略举措，这两个领域继续主导着全球游戏行业的增长。沐瞳科技的《Mobile Legends： Bang Bang》已累计获得超过15亿次安装，并在东南亚地区保持着强大的影响力，而该地区预计将为行业扩张做出重大贡献。在沙特公共投资基金的支持下，Savvy通过一系列交易构建其游戏生态系统。根据Newzoo发布的2025年全球游戏市场报告，移动游戏在全球游戏支出中占比最高，超过主机和PC游戏。 对字节跳动而言，此次出售可能标志着其继续向人工智能领域转型。此前，该公司在游戏领域的尝试在与成熟对手的竞争中难以取得突破。字节跳动于2021年以约40亿美元收购沐瞳科技，但此后已缩减其游戏业务敞口，包括收缩其Nuverse部门，同时将更多精力投入到AI模型和聊天机器人技术的开发中。这笔交易凸显了资本更广泛的重新配置：Savvy正加深其在移动游戏增长领域的布局，而字节跳动则似乎将资源集中于AI驱动的机遇上。 责任编辑：张俊 SF065
Live cattle futures are up $1.17 to $1.90 so far on Friday. Cash trade has been quiet so far this week, with a few $234-235 sales in the North. The Thursday morning Fed Cattle Exchange online auction showed $370 dressed sales on just 38 of the 1,026 head offered, with...
Live cattle futures are up $1.17 to $1.90 so far on Friday. Cash trade has been quiet so far this week, with a few $234-235 sales in the North. The Thursday morning Fed Cattle Exchange online auction showed $370 dressed sales on just 38 of the 1,026 head offered, with...