On this week's episode of The Deal, Elle Duncan talks about her new role hosting USA Network’s 2026 WNBA coverage and why the growth of women’s sports depends on investment. Check out her conversation with Alex Rodriguez and Jason Kelly wherever you get your podcasts. (Source: Bloomberg)
On this week's episode of The Deal, Elle Duncan talks about her new role hosting USA Network’s 2026 WNBA coverage and why the growth of women’s sports depends on investment. Check out her conversation with Alex Rodriguez and Jason Kelly wherever you get your podcasts. (Source: Bloomberg)
eInfochips, an Arrow Electronics company and a global provider of product engineering services, today announced the availability of EIC PROPEL™, its enterprise IoT platform, in the Microsoft Marketplace, the unified online destination for customers to buy trusted cloud solutions, AI apps, and agents.
eInfochips, an Arrow Electronics company and a global provider of product engineering services, today announced the availability of EIC PROPEL™, its enterprise IoT platform, in the Microsoft Marketplace, the unified online destination for customers to buy trusted cloud solutions, AI apps, and agents.
US consumer spending barely rose in February and the so-called core personal consumption expenditures price index increased 0.4% from January and 3% from the prior year. Recurring jobless claims fell to a nearly two-year low and Inflation-adjusted gross domestic product increased at a 0.5% annualized rate in the fourth quarter. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)
US consumer spending barely rose in February and the so-called core personal consumption expenditures price index increased 0.4% from January and 3% from the prior year. Recurring jobless claims fell to a nearly two-year low and Inflation-adjusted gross domestic product increased at a 0.5% annualized rate in the fourth quarter. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)
Getty Images Helen of Troy ( HELE ) is a tough name to get behind from a bullish standpoint. Shares in the company’s stock have lost 92% of their share price over the last five years, and the stock is still falling, with YTD losses of over 20%. Seeking Alpha - 5-YR Share Price Performance Of HELE Stock I’ve provided continuing coverage on HELE following its regular quarterly results. Most recently...
Getty Images Helen of Troy ( HELE ) is a tough name to get behind from a bullish standpoint. Shares in the company’s stock have lost 92% of their share price over the last five years, and the stock is still falling, with YTD losses of over 20%. Seeking Alpha - 5-YR Share Price Performance Of HELE Stock I’ve provided continuing coverage on HELE following its regular quarterly results. Most recently in Q3, I highlighted the macro headwinds, which includes tariffs and consumer trade-down behavior, that factored negatively on the quarterly print. Shares have fallen about 20% since that update. Today, I’m looking ahead to the upcoming Q4, which will be released later in April. When HELE releases results, then, I will be tuning in to whether the company will be keeping or revising their full year guidance for the new fiscal year. As it stands, guidance was already flat. I believe shares are currently extremely cheap, but it’s possible, and entirely fair to say, that the stock is cheap for a reason. Nonetheless, I continue to view HELE as a name worth a continued watch for investors looking for bargain basement finds. HELE Stock Metrics At less than 5x forward earnings, I view shares in HELE as a significant discount . The sector trades at about 15x, and HELE’s own five year average is about 12x. In addition to the earnings multiple, consider HELE’s current enterprise value. At today’s trading prices, it’s just 0.73x sales and about 7x EBITDA. That’s a sizeable discount to expectations. Seeking Alpha - Valuation Metrics Of HELE Stock The Seeking Alpha (“SA”) quants see value in these metrics as well, but that is where the positives seem to end. The company has struggled in recent periods with consumer trade-down behavior, partly due to tariff-related headwinds, which have forced HELE to pass down costs to an already stretched consumer base. HELE’s growth prospects are also meek, with forward guidance seeing flat, at best, growth in the topline. While the broader SA analyst...
As Northampton prepare for Friday’s Champions Cup clash at Bath, their South African lock reflects on how bigger forwards ‘can do things other people can’t’ Cometh the hour, cometh the big man. There are certain situations when size matters on a rugby field and the 6ft 7in tall, 23 stone JJ van der Mescht is the larger-than-life proof. If spectators at the Rec on Friday feel the ground beneath the...
As Northampton prepare for Friday’s Champions Cup clash at Bath, their South African lock reflects on how bigger forwards ‘can do things other people can’t’ Cometh the hour, cometh the big man. There are certain situations when size matters on a rugby field and the 6ft 7in tall, 23 stone JJ van der Mescht is the larger-than-life proof. If spectators at the Rec on Friday feel the ground beneath them shake as Northampton run out to face Bath in their keenly awaited Champions Cup quarter-final, there will be a giant-sized reason why. Clearly Saints will also bring their razor-sharp running game but even Bath’s meatier forwards should brace themselves. There is invariably a major collision when the massive Van der Mescht thunders into contact and asks the direct questions that led South Africa to include their exiled lock in an alignment squad ahead of their July Tests against England, Scotland and Wales. Continue reading...
Nio (NYSE:NIO) stock rose 4% in early trading on Thursday, April 9, as the company hosts its ES9 flagship SUV Product and Technology Launch event today. NIO shares closed at $6.38 on April 8, and the move adds to yesterday’s 3.91% gain that snapped a two-day losing streak. ES9 display cars have already arrived at ... Nio Gains 4% on ES9 Launch Day: Delivery Growth and a Historic First Profit Signa...
Nio (NYSE:NIO) stock rose 4% in early trading on Thursday, April 9, as the company hosts its ES9 flagship SUV Product and Technology Launch event today. NIO shares closed at $6.38 on April 8, and the move adds to yesterday’s 3.91% gain that snapped a two-day losing streak. ES9 display cars have already arrived at ... Nio Gains 4% on ES9 Launch Day: Delivery Growth and a Historic First Profit Signal a Real Turnaround
Abu Dhabi and Qatar have placed billions of dollars through private bond sales in recent weeks as the war in Iran stokes market volatility. The United Arab Emirates’ capital on Thursday raised $500 million by reopening a 2034 bond, a day after tapping the same bond and a separate 2029 issue for $2 billion, according to data compiled by Bloomberg. The private deals were arranged by Standard Charter...
Abu Dhabi and Qatar have placed billions of dollars through private bond sales in recent weeks as the war in Iran stokes market volatility. The United Arab Emirates’ capital on Thursday raised $500 million by reopening a 2034 bond, a day after tapping the same bond and a separate 2029 issue for $2 billion, according to data compiled by Bloomberg. The private deals were arranged by Standard Chartered Plc, according to people familiar with the matter. The sales came days after Qatar’s Ministry of Finance issued $3 billion in a private placement arranged by JPMorgan Chase & Co., the data show. State-backed lender Qatar National Bank QSPC also sold a $1.75 billion bond in a private deal in March. In total, Gulf issuers have raised about $7.76 billion in US dollar-denominated private placements since the conflict began on Feb. 28, including Emirati lenders such as First Abu Dhabi Bank PJSC and Mashreqbank PSC, the data show. Emirates NBD Bank PJSC placed a further $200 million on Friday, bringing its total since the war to $325 million. Although the US and Iran are currently in a two-week ceasefire, energy markets have yet to return to normal. Abu Dhabi was forced to suspend operations at the UAE’s largest natural gas processing facility earlier this month. Meanwhile, Iranian strikes in March damaged infrastructure at Qatar’s liquefied natural gas export complex — the world’s largest — knocking out about 17% of the country’s annual export capacity for potentially up to five years. Public bond markets in the Gulf — among the busiest globally in recent years — have effectively shut since the war began, and sentiment remains fragile despite the ceasefire. Issuers in the region sold $50 billion of debt on public markets before the start of the conflict. The yield on Qatar bonds maturing in May 2034 is around 4.4%, slightly below the nine-month high reached in March. Abu Dhabi bonds of comparable maturities are trading at around 4.6%, having climbed to a near one-year high of...
Electricity demand is expected to grow rapidly over the next decade. According to Bank of America , U.S. electricity demand is projected to grow 2.5% annually, or five times faster than the previous decade's growth rate, driven by the expansion of data centers. Constellation Energy (NASDAQ: CEG) is well-positioned to capitalize on this trend. With its strong presence in the energy sector and a mas...
Electricity demand is expected to grow rapidly over the next decade. According to Bank of America , U.S. electricity demand is projected to grow 2.5% annually, or five times faster than the previous decade's growth rate, driven by the expansion of data centers. Constellation Energy (NASDAQ: CEG) is well-positioned to capitalize on this trend. With its strong presence in the energy sector and a massive nuclear footprint, Constellation's ability to meet the growing demand of data centers bodes well for its future outlook. Here's what investors have to look forward to from the utility provider over the next three years. Continue reading
Welcome to Bloomberg’s Banking Monitor . Every Thursday we’ll deliver you the top news of the global banking industry with emerging trends, winners and losers and market opportunities. Sign up now if you’re not already on the list. Amid hopes for a robust peace and restored navigation in the Hormuz Strait, bankers are gingerly returning to their offices in the Middle East. Meanwhile their global c...
Welcome to Bloomberg’s Banking Monitor . Every Thursday we’ll deliver you the top news of the global banking industry with emerging trends, winners and losers and market opportunities. Sign up now if you’re not already on the list. Amid hopes for a robust peace and restored navigation in the Hormuz Strait, bankers are gingerly returning to their offices in the Middle East. Meanwhile their global colleagues return to more prosaic problems that were there before the war broke out, including the turmoil in private credit. And right on schedule, here comes earnings week , with Wall Street banks expected to report a record $18 billion stock-trading haul, in part because of volatility caused by the war and private lending. Oaktree’s Howard Marks, the dean of distressed investing, likes to say that there are no bad assets, only bad prices. Wall Street is taking this to heart: Morgan Stanley is setting up an interval fund to buy private credit at a time when some investors are dumping holdings in a near panic. Deutsche Bank’s US distressed specialists doubled their quarterly profit . Some nonbanks also are set to take advantage of hasty exits: Blackstone took in $10 billion for a new opportunistic credit fund , and Ares Management raised almost as much for a similar portfolio. Fans of irony will note that even Blue Owl, the firm at the center of the tumult, raised $2.9 billion for a new opportunistic credit fund. The firm gamely cited “an increasingly attractive opportunity set, driven by market dislocation, complexity and the demand for flexible capital.” Goldman Sachs Group, which has a knack for doing well where others do badly, persuaded customers to keep redemptions in its Private Credit Fund to just 4.999% of their cash in the first quarter, a sliver under the 5% limit. UBS Group did some financial alchemy by packaging stakes in private credit funds into debt that’s backed by an insurance company, allowing it to cash out of the positions without having to unload them ...