Ildo Frazao/iStock via Getty Images Earlier this week, the Federal Reserve reportedly asked US banks' about their exposure to private credit . Recent developments in the private credit market are compared by some analysts to the subprime market while other analysts downplay any impact. Which one makes more sense? In this article we will delve into whether the private credit market could turn out i...
Ildo Frazao/iStock via Getty Images Earlier this week, the Federal Reserve reportedly asked US banks' about their exposure to private credit . Recent developments in the private credit market are compared by some analysts to the subprime market while other analysts downplay any impact. Which one makes more sense? In this article we will delve into whether the private credit market could turn out into another 2008 subprime crisis. Hyman Minsky: The Theory Behind Financial Crises For those of us that have been through the so-called Great Financial Crisis of 2008 (a period I remember as if it was still yesterday), Hyman Minsky was an economist that was widely quoted during that difficult period in time. Without going into too many esoteric details, Hyman Minsky had many timeless observations about why financial cries were recurring. Basically, he divided finance into three types: 1.Interest and principal on debt can be fully repaid from cashflows. 2. only the interest on debt can be fully repaid and the principal needs to be rolled over. 3. neither the interest nor principal on debt can be repaid and relies on continuous borrowing or asset sales just to pay interest. His critical insight, in my view, is a paradox: a stable economy creates the conditions for financial instability. In a stable economy, optimism grows and lenders and borrowers become complacent. Finance shifts from the first type to the second type and increasingly the third type. Success breeds more risk taking until you have large swaths of money committed to increasingly risky investments/loans that rely on asset appreciation just to be economically viable. A “unexpected” black swan that leads to default on interest payments snowballs into a rush for the exits as investors that were hungry for yield suddenly get cold feet and want their principal back, precipitating a financial crisis. Put it another way, good times lead to investors overreaching for yield. Since no one can tell when the good times wil...
Funtay/iStock via Getty Images Kaiser Aluminum ( KALU ) up 4.8% in Thursday's trading as KeyBanc initiated coverage with an Overweight rating and $170 price target, saying it expects EBITDA dollars and margin to improve solidly in 2026-27 as end markets continue to improve and the company more fully executes on its growth strategies at Warrick and Trentwood. A richer mix and solid end market deman...
Funtay/iStock via Getty Images Kaiser Aluminum ( KALU ) up 4.8% in Thursday's trading as KeyBanc initiated coverage with an Overweight rating and $170 price target, saying it expects EBITDA dollars and margin to improve solidly in 2026-27 as end markets continue to improve and the company more fully executes on its growth strategies at Warrick and Trentwood. A richer mix and solid end market demand supports stronger conversion revenue and EBITDA margin contribution from Kaiser's ( KALU ) packaging business as Warrick hits its stride, and the company has already signed long-term packaging agreements associated with Roll Coat Line #4, KeyBanc's Samuel McKinney said. With aerospace OEM production expected to run hot for the foreseeable future and semiconductor plate inventories leaned out and primed for a recovery over 2026-27, McKinney views the investment timing as prudent to get ahead of coming demand. Section 232 tariffs of 50% on products made entirely or almost entirely of aluminum further support softer import levels and record high domestic pricing, after the average MWTP jumped ~35% Y/Y in 2025, with a larger percentage magnitude increase expected in 2026 before dynamics begin to level off in 2027, the analyst said. More on Kaiser Aluminum Kaiser Aluminum Q4 2025 Earnings Call Presentation Kaiser Aluminum: 2026E After Triple-Digit Annualized RoR (Rating Downgrade) Kaiser Aluminum: Good Performance, Still A Buy After Q3 2025
Donegal Group ( DGICB ) declares $0.175/share quarterly dividend , 6.1% increase from prior dividend of $0.165. Forward yield 3.81% Payable May 15; for shareholders of record May 1; ex-div May 1. See DGICB Dividend Scorecard, Yield Chart, & Dividend Growth. More on Donegal Group Donegal Group: Profitability Returns, But Upside Remains Limited Donegal Group Inc. (DGICA) Q4 2025 Earnings Call Prepar...
Donegal Group ( DGICB ) declares $0.175/share quarterly dividend , 6.1% increase from prior dividend of $0.165. Forward yield 3.81% Payable May 15; for shareholders of record May 1; ex-div May 1. See DGICB Dividend Scorecard, Yield Chart, & Dividend Growth. More on Donegal Group Donegal Group: Profitability Returns, But Upside Remains Limited Donegal Group Inc. (DGICA) Q4 2025 Earnings Call Prepared Remarks Transcript Donegal Group Inc. 2025 Q4 - Results - Earnings Call Presentation Seeking Alpha’s Quant Rating on Donegal Group Historical earnings data for Donegal Group
PALOS VERDES ESTATES, Calif., April 16, 2026 (GLOBE NEWSWIRE) -- Malaga Financial Corporation “Company” (OTCIQ:MLGF), the parent company of Malaga Bank FSB, today reported that net income for the quarter ended March 31, 2026 was $6,063,000 ($0.61 basic and fully diluted earnings per share), an increase of $659,000 or 12% from net income of $5,404,000 ($0.55 basic and fully diluted earnings per sha...
PALOS VERDES ESTATES, Calif., April 16, 2026 (GLOBE NEWSWIRE) -- Malaga Financial Corporation “Company” (OTCIQ:MLGF), the parent company of Malaga Bank FSB, today reported that net income for the quarter ended March 31, 2026 was $6,063,000 ($0.61 basic and fully diluted earnings per share), an increase of $659,000 or 12% from net income of $5,404,000 ($0.55 basic and fully diluted earnings per share, as adjusted for the stock dividend declared on November 14, 2025) for the quarter ended March 31, 2025. For the first quarter of 2026, the Company’s annualized return on average equity was 10.77% and the annualized return on average assets was 1.69%, as compared to 10.16% and 1.55%, respectively, for the same period in 2025. Book value per share as of March 31, 2026 was $22.89.
Donegal Group ( DGICA ) declares $0.1925/share quarterly dividend , 5.5% increase from prior dividend of $0.1825. Forward yield 4.46% Payable May 15; for shareholders of record May 1; ex-div May 1. See DGICA Dividend Scorecard, Yield Chart, & Dividend Growth. More on Donegal Group Donegal Group: Profitability Returns, But Upside Remains Limited Donegal Group Inc. (DGICA) Q4 2025 Earnings Call Prep...
Donegal Group ( DGICA ) declares $0.1925/share quarterly dividend , 5.5% increase from prior dividend of $0.1825. Forward yield 4.46% Payable May 15; for shareholders of record May 1; ex-div May 1. See DGICA Dividend Scorecard, Yield Chart, & Dividend Growth. More on Donegal Group Donegal Group: Profitability Returns, But Upside Remains Limited Donegal Group Inc. (DGICA) Q4 2025 Earnings Call Prepared Remarks Transcript Donegal Group Inc. 2025 Q4 - Results - Earnings Call Presentation Seeking Alpha’s Quant Rating on Donegal Group Historical earnings data for Donegal Group
Leader of Tories criticises Farage after he says holding another independence vote ‘probably quite reasonable’ Kemi Badenoch, the leader of the Conservative party, has accused Nigel Farage of being an opportunist who does not believe in unionism after he urged Scottish nationalists to back Reform. Farage said earlier this week he believed in “genuine nationalists” who do not support the Scottish N...
Leader of Tories criticises Farage after he says holding another independence vote ‘probably quite reasonable’ Kemi Badenoch, the leader of the Conservative party, has accused Nigel Farage of being an opportunist who does not believe in unionism after he urged Scottish nationalists to back Reform. Farage said earlier this week he believed in “genuine nationalists” who do not support the Scottish National party’s bid to rejoin the EU, and urged them to vote Reform in the Holyrood election on 7 May. Continue reading...
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in lululemon athletica inc (Symbol: LULU), where a total of 12,618 contracts have traded so far, representing approximately 1.3 million underlying shares. That amounts to ab
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in lululemon athletica inc (Symbol: LULU), where a total of 12,618 contracts have traded so far, representing approximately 1.3 million underlying shares. That amounts to ab
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Eli Lilly (Symbol: LLY), where a total of 24,044 contracts have traded so far, representing approximately 2.4 million underlying shares. That amounts to about 82.8% of LL
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Eli Lilly (Symbol: LLY), where a total of 24,044 contracts have traded so far, representing approximately 2.4 million underlying shares. That amounts to about 82.8% of LL
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in ON Semiconductor Corp (Symbol: ON), where a total volume of 36,612 contracts has been traded thus far today, a contract volume which is representative of approxim
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in ON Semiconductor Corp (Symbol: ON), where a total volume of 36,612 contracts has been traded thus far today, a contract volume which is representative of approxim
Thomasville Bancshares ( THVB ) declares $1.50/share semi-annual dividend , 3.4% increase from prior dividend of $1.45. Forward yield 3.26% Payable July 2; for shareholders of record June 12; ex-div June 12. See THVB Dividend Scorecard, Yield Chart, & Dividend Growth. More on Thomasville Bancshares Thomasville Bancshares GAAP EPS of $6.73 Dividend scorecard for Thomasville Bancshares Financial inf...
Thomasville Bancshares ( THVB ) declares $1.50/share semi-annual dividend , 3.4% increase from prior dividend of $1.45. Forward yield 3.26% Payable July 2; for shareholders of record June 12; ex-div June 12. See THVB Dividend Scorecard, Yield Chart, & Dividend Growth. More on Thomasville Bancshares Thomasville Bancshares GAAP EPS of $6.73 Dividend scorecard for Thomasville Bancshares Financial information for Thomasville Bancshares
Jacek_Sopotnicki Paramount Skydance ( PSKY ) chief executive pledged his support to the struggling movie theater industry with a commitment to keep his movies in the theaters longer and pledged an ambitious number of new releases per year. “The Paramount lot is alive again, and we couldn’t be more excited,” Paramount Skydance ( PSKY ) CEO David Ellison said to his Las Vegas audience. According to ...
Jacek_Sopotnicki Paramount Skydance ( PSKY ) chief executive pledged his support to the struggling movie theater industry with a commitment to keep his movies in the theaters longer and pledged an ambitious number of new releases per year. “The Paramount lot is alive again, and we couldn’t be more excited,” Paramount Skydance ( PSKY ) CEO David Ellison said to his Las Vegas audience. According to Variety, Ellison made a surprise visit to industry gathering CinemaCon and shared his vision for a combined Paramount Skydance-Warner Bros. Beginning in 2027, the studio will offer a 45-day exclusive window for releases from Paramount Pictures, extending the 30-60 days other studios are currently giving movie theater owners. Moreover, Ellison said his company will commit to a three-month period for their movies to remain on streaming video-on-demand platforms before moving over to Paramount+ and committed to a minimum of 30 films per year for theatrical release once the Paramount-Warner Bros. merger is completed. The merger of Paramount Skydance ( PSKY ) with Warner Bros. Discovery ( WBD ) is expected to be completed in the third quarter of 2026. More on Paramount Skydance Corporation Paramount Skydance: A Debt-Heavy, Risky, Long-Term Stock Debt Will Eat Paramount's Future Returns Warner Bros. Discovery And Paramount Skydance: A Lower-Risk Arb Play And A Leveraged Bet FCC will have “minor” role in Paramount/Warner Bros. merger, looking into NFL deals, The View Paramount Skydance's deal for Warner Bros. expected to see UK antitrust review
Plumas Bancorp ( PLBC ) declares $0.33/share quarterly dividend , in line with previous. Forward yield 2.52% Payable May 15; for shareholders of record May 1; ex-div May 1. See PLBC Dividend Scorecard, Yield Chart, & Dividend Growth. More on Plumas Bancorp Seeking Alpha’s Quant Rating on Plumas Bancorp Historical earnings data for Plumas Bancorp Dividend scorecard for Plumas Bancorp Financial info...
Plumas Bancorp ( PLBC ) declares $0.33/share quarterly dividend , in line with previous. Forward yield 2.52% Payable May 15; for shareholders of record May 1; ex-div May 1. See PLBC Dividend Scorecard, Yield Chart, & Dividend Growth. More on Plumas Bancorp Seeking Alpha’s Quant Rating on Plumas Bancorp Historical earnings data for Plumas Bancorp Dividend scorecard for Plumas Bancorp Financial information for Plumas Bancorp
A censured lawyer using AI‑fabricated case law highlights how liability, trust, and auditability shape real enterprise AI adoption. Watch the video below to see why this may slow disruption and reshape which AI and data vendors ultimately win. *This video was published on April 14, 2026. Continue reading
A censured lawyer using AI‑fabricated case law highlights how liability, trust, and auditability shape real enterprise AI adoption. Watch the video below to see why this may slow disruption and reshape which AI and data vendors ultimately win. *This video was published on April 14, 2026. Continue reading
Archer Aviation (NYSE: ACHR) sits at the center of one of the most ambitious ideas in transportation: flying taxis. Its electric vertical takeoff and landing (eVTOL) aircraft aim to move passengers across cities in minutes, potentially transforming how people travel in congested urban areas. The opportunity is massive. Some estimates suggest urban air mobility could grow into a trillion-dollar mar...
Archer Aviation (NYSE: ACHR) sits at the center of one of the most ambitious ideas in transportation: flying taxis. Its electric vertical takeoff and landing (eVTOL) aircraft aim to move passengers across cities in minutes, potentially transforming how people travel in congested urban areas. The opportunity is massive. Some estimates suggest urban air mobility could grow into a trillion-dollar market over the coming decades. If that vision becomes reality, early leaders, like Archer, could benefit significantly. Most investors focus on the massive opportunity ahead. But they may be overlooking three key factors that could shape the stock returns over the next few years. Continue reading
FabrikaCr/iStock via Getty Images The last time I spoke about Climb Bio, Inc. ( CLYM ), it was with a Seeking Alpha article entitled " Eliem Therapeutics: Year End 2024 MN Data With Further Potential To Unlock Value ." Before going further on this biotech, it is important to highlight that in that article I mentioned that the company had acquired Tenet Medicines and also had obtained a $120 millio...
FabrikaCr/iStock via Getty Images The last time I spoke about Climb Bio, Inc. ( CLYM ), it was with a Seeking Alpha article entitled " Eliem Therapeutics: Year End 2024 MN Data With Further Potential To Unlock Value ." Before going further on this biotech, it is important to highlight that in that article I mentioned that the company had acquired Tenet Medicines and also had obtained a $120 million private placement agreement to carry it forward. The reason why I bring this up is because it decided to switch over its pipeline afterwards only to advance budoprutug [TNT119] and other drugs for the treatment of patients with autoimmune disorders. The end result is that it changed its name from Eliem Therapeutics to Climb Bio because of this strategic move on October 3, 2024. It has been a while since I updated this biotech, but at that time I had given it a Buy rating based on its potential to develop the use of its anti-CD19 monoclonal antibody [mAb] budoprutug for the treatment of patients with primary membranous nephropathy [pMN] in an ongoing phase 1b study. More about the clinical data below, but the company did end up actually releasing positive results from its phase 1b study using this drug to treat these autoimmune disorder patients. Even better, it is currently in the process of evaluating the use of budoprutug in the ongoing phase 2 PrisMN trial treating these patients with pMN. Why do I believe it is important to go over this biotech now? That's because there are actually several catalysts or inflection points that are rapidly approaching. Initial data from the PrisMN trial is expected in the 2nd half of 2026. That's not all, either; this drug is also being explored in other studies targeting patients with Systemic Lupus Erythematosus [SLE] and immune thrombocytopenia [ITP] as well, with clinical readouts from both of these programs anticipated in the 2nd half of 2026 as well. Another item to mention is that budoprutug is versatile in the sense that the com...
It would be a mistake for the European Central Bank to signal where interest rates will be headed later this month, according to Governing Council member Joachim Nagel . Policymakers don’t yet have sufficient information whether a surge in energy costs will keep inflation high for longer — an outcome that would warrant a response, Nagel told reporters in Washington, where he’s attending the spring...
It would be a mistake for the European Central Bank to signal where interest rates will be headed later this month, according to Governing Council member Joachim Nagel . Policymakers don’t yet have sufficient information whether a surge in energy costs will keep inflation high for longer — an outcome that would warrant a response, Nagel told reporters in Washington, where he’s attending the spring meetings of the International Monetary Fund. A decision will be taken when the Governing Council meets in two weeks. “We need to keep our options open,” Nagel said. “It would be wrong to say things will go in the one or other direction. I’m not ready to pre-commit just yet.” The ECB is two weeks away from its next decision, and people familiar with internal discussions told Bloomberg that officials are leaning toward keeping the deposit rate unchanged at that time. Still, many have stressed that a hike shouldn’t be excluded in a quickly changing environment. Nagel said the German economy had a respectable start to the year but now faces weaker momentum due to the Iran war. Growth will probably be 0.3 percentage point weaker than previously projected, he added. In December, the Bundesbank predicted an expansion of 0.6% for the year. Mythos AI Sparks Fear and Confusion Among Global Finance Elite Markets Are Too Blasé on War’s Economic Toll, Policymakers Warn Anti-Recession Guardrails Are Weaker Than Ever Around the Globe German Finance Minister Lars Klingbeil said fighting in the Middle East will have a “massive impact on our growth and economic strength.” “We were all so happy — even if it was only modest growth — that we were back on track after four years without economic growth,” he said. “My response to that: We must do everything we can — through reforms, through the European process, which is why the E6 format is so important, and through structural decisions — to put the country back on a path to growth.” He highlighted that “this war in Iran is a significant setback...