Initial debt-restructuring negotiations between Ukrainian Railways and its bondholders have ended without a deal after investors rejected an opening proposal from the state-owned rail operator, according to statements from both parties. Ukrainian Railways, known as Ukrzaliznytsia, has seen its finances ravaged during Russia’s four-year-old invasion. The company is looking to restructure almost $1....
Initial debt-restructuring negotiations between Ukrainian Railways and its bondholders have ended without a deal after investors rejected an opening proposal from the state-owned rail operator, according to statements from both parties. Ukrainian Railways, known as Ukrzaliznytsia, has seen its finances ravaged during Russia’s four-year-old invasion. The company is looking to restructure almost $1.1 billion of bonds as a result of the strain that declining cargo and passenger volumes, combined with surging costs and repair needs, have put on its cash reserves. Russian attacks targeting the company’s infrastructure have been intensifying since the start of last year, boosting spending on repairs and significantly disrupting operations, the railway said in a statement. A plan put forward by Ukrzaliznytsia envisaged initially cutting the amount of debt owed to bondholders by 20% and included a “principal adjustment mechanism,” which would alter the amount paid to investors based on the freight volumes traveling over the rail operator’s network, according to the statement from the company. The maturity of the bonds, which are currently due in 2026 and 2028, would also be extended to 2033 with an amortization schedule and an increase in coupons during the term of the debt. Read more: Ukraine Railways Suspends Upcoming Bond Coupons to Preserve Cash However, a group of bondholders negotiating with the railway have rejected the proposal and haven’t submitted a counter plan, the company says. Initial discussions have now ended, although Ukrainian Railways said it “intends to continue good faith engagement” with the bondholders to reach an agreement. The bondholder group has also indicated its willingness to continue discussions, but said the railway’s proposal “does not represent a viable basis for good-faith engagement between the parties,” according to a statement from Hogan Lovells , the law firm representing investors. The sticking point has been freight tariffs, the amou...
Do No Harm activist group alleges ‘racial discrimination’ in program designed to support under-served communities Sign up for the Breaking News US email to get newsletter alerts in your inbox Conservative campaigners are targeting a decades-old federal scholarship program designed to provide Native Hawaiian students with funding to pursue healthcare careers and place practitioners in the state’s m...
Do No Harm activist group alleges ‘racial discrimination’ in program designed to support under-served communities Sign up for the Breaking News US email to get newsletter alerts in your inbox Conservative campaigners are targeting a decades-old federal scholarship program designed to provide Native Hawaiian students with funding to pursue healthcare careers and place practitioners in the state’s most medically under-served communities. Do No Harm, a Virginia-based advocacy group for healthcare clinicians “focused on keeping identity politics out of medical education, research, and clinical practice”, filed its federal lawsuit challenging the US health department’s Native Hawaiian Health Scholarship Program (NHHSP) last week. Continue reading...
IherPhoto Abu Dhabi National Oil CEO Sultan Ahmed Al Jaber said the Strait of Hormuz is not truly open, with Iran still controlling access. "This moment requires clarity. So let’s be clear: the Strait of Hormuz is not open. Access is being restricted, conditioned, and controlled," Jaber said in a long post on LinkedIn Thursday . "Iran has made clear—through both its statements and actions—that pas...
IherPhoto Abu Dhabi National Oil CEO Sultan Ahmed Al Jaber said the Strait of Hormuz is not truly open, with Iran still controlling access. "This moment requires clarity. So let’s be clear: the Strait of Hormuz is not open. Access is being restricted, conditioned, and controlled," Jaber said in a long post on LinkedIn Thursday . "Iran has made clear—through both its statements and actions—that passage is subject to permission, conditions, and political leverage. That is not freedom of navigation. That is coercion," Jaber said. "Conditional passage is not passage. It is control by another name." Jaber noted that around 230 oil transport vessels are loaded and waiting to exit via the strait, adding that "no country has a legitimate right to determine who may pass and under what terms." Abu Dhabi National Oil Company, or ADNOC, is the state-owned oil company of the United Arab Emirates. More on SPDR S&P 500 ETF Trust, State Street® Energy Select Sector SPDR® ETF Reinventing The Petrodollar: How U.S. Energy Dominance Is Shifting The Global Balance Of Power AAII Sentiment Survey: Pessimism Retreats Dow Jones And U.S. Stock Market Outlook - Ceasefire Uncertainty Clears And Wall Street Persists Starmer “fed up” with volatile energy prices due to Putin, Trump Prediction markets point to Iran de-escalation as Wall Street extends gains
Amazon stock pushed higher as the company revealed plans of selling AI chips and announces $25 billion data center investment in Mississippi. Here’s why these updates warrant buying AMZN shares.
Amazon stock pushed higher as the company revealed plans of selling AI chips and announces $25 billion data center investment in Mississippi. Here’s why these updates warrant buying AMZN shares.
Shares of Brown-Forman had their best day in years on Thursday, after the U.S.-based spirits seller Sazerac reportedly expressed interest in doing a deal of some kind with the maker of Jack Daniel’s.
Shares of Brown-Forman had their best day in years on Thursday, after the U.S.-based spirits seller Sazerac reportedly expressed interest in doing a deal of some kind with the maker of Jack Daniel’s.
Robert Way/iStock Editorial via Getty Images I previously covered Abercrombie & Fitch Co. ( ANF ) in January 2026, discussing how its overly done rally had triggered my downgraded rating to Hold, despite the still positive comparable sales growth trends and the resilient profit margins. In this article, I shall discuss why I am upgrading ANF as a Buy here, thanks to the correction occurring as pos...
Robert Way/iStock Editorial via Getty Images I previously covered Abercrombie & Fitch Co. ( ANF ) in January 2026, discussing how its overly done rally had triggered my downgraded rating to Hold, despite the still positive comparable sales growth trends and the resilient profit margins. In this article, I shall discuss why I am upgrading ANF as a Buy here, thanks to the correction occurring as posited, aided by the accretive impact of the ongoing share repurchases on their adj EPS growth prospects. ANF Faces Numerous Tailwinds & Headwinds ANF 1Y Stock Price (Trading View) For now, ANF's prior December 2025 rally has proven to be overly done, with the stock losing much of those gains to breach my previously offered base-case fair value estimates of $90.60 in the last article before finding a floor at the $81s in March 2025. These developments naturally lent credibility to my prior Hold rating, since the stock was unable to hold on to their prior marker rotation gains, worsened by the volatility arising from the beta coefficient of 1.36x and the elevated short interest ratio of 6.73%. 1. Uncertain Consumer Spending Trends Much of ANF's headwinds are attributed to its retail prospects being closely linked to the consumer discretionary spending trends. For now, the macroeconomic environment appears to be uncertain indeed, given the potentially elevated inflationary pressure in March 2026 (from the higher oil prices from the prior Iran conflict) and the ongoing divergence in the consumer spending trends in the currently K-shaped economy . Given the potential deterioration in the consumer spending trends and ANF's consequently impacted FY2026 growth prospects after the notably decelerating FY2025 growth profile, I can understand why the stock already lost -34.9% of its value between my last article and the worst of the March 2026 selloff. 2. Impacted Performance Metrics From Mixed Audience Response This is especially since ANF has reported a seasonally weaker performance ...
Cardiff Oncology ( CRDF ) on Thursday said it has appointed Mani Mohindru as President and Chief Executive Officer. Mohindru, who was serving as the interim CEO of the company, will continue as a member of the Board. The company also appointed Josh Muntner as Chief Financial Officer and Ajay Aggarwal as Chief Operating Officer, effective April 6 and April 27, respectively. Previously, Muntner serv...
Cardiff Oncology ( CRDF ) on Thursday said it has appointed Mani Mohindru as President and Chief Executive Officer. Mohindru, who was serving as the interim CEO of the company, will continue as a member of the Board. The company also appointed Josh Muntner as Chief Financial Officer and Ajay Aggarwal as Chief Operating Officer, effective April 6 and April 27, respectively. Previously, Muntner served as CFO of Imvax and Mesoblast, while most recently, Aggarwal served as Senior Vice President and Head of Clinical Development at Aclaris Therapeutics, where he led clinical strategy and execution across multiple programs. Source: Press Release More on Cardiff Oncology Cardiff Oncology: Market Dismisses Onvansertib's Potential In First-Line Colorectal Cancer Cardiff Oncology, Inc. (CRDF) Discusses Advances in First-Line Treatment for RAS-Mutated Metastatic Colorectal Cancer and Clinical Data on PLK1 Inhibitor Transcript Cardiff Oncology, Inc. (CRDF) Discusses Management Transition and Onvansertib Phase II Data Update in RAS-Mutated mCRC Transcript Cardiff Oncology slumps after leadership shakeup Seeking Alpha’s Quant Rating on Cardiff Oncology
sankai/iStock via Getty Images Listen here or on the go via Apple Podcasts and Spotify Two of Seeking Alpha's top tech analysts, Amrita Roy and Uttam Dey , share how they approach the sector (1:00) ROI on AI capex; hyperscalers, optical connectivity and memory (11:45) Lumentum bullishness and why gross margins are so important (26:00) Nvidia's peculiar spot (30:30) Tech stock mispricings (37:00) M...
sankai/iStock via Getty Images Listen here or on the go via Apple Podcasts and Spotify Two of Seeking Alpha's top tech analysts, Amrita Roy and Uttam Dey , share how they approach the sector (1:00) ROI on AI capex; hyperscalers, optical connectivity and memory (11:45) Lumentum bullishness and why gross margins are so important (26:00) Nvidia's peculiar spot (30:30) Tech stock mispricings (37:00) Meta's macro backdrop (47:00) Transcript Rena Sherbill: Very happy to welcome to Investing Experts, Amrita Roy and Uttam Dey , two analysts that have been much talked about. Welcome to you both. Very, very happy to have you both on. Amrita Roy & Uttam Dey: Thank you. Thank you very much. Very excited to be on the podcast. Rena Sherbill: Yeah, we've had a lot of great things said about your analysis by other analysts. I think Gary Vaughan called you his favorite analyst on Seeking Alpha. I don't think I'm overstating that. I think that's what he called you so your reputations precede you. Amrita, you have an investing group also on Seeking Alpha called the REIT Forum, is that correct? Amrita Roy: That's correct. So I collaborate with Colorado Wealth Management on his investing group, though I do not actively contribute because most of my analysis is mostly on tech. But yes, that is correct. Rena Sherbill: Okay, wanted to make sure about that. So maybe if you would both introduce yourselves and your strategy. Did I mention that you're married? That might be our first time having a married couple on the show, which I bet lends itself. Yeah, yeah, go ahead. Amrita Roy: Yeah, we have been married a very long time, probably eight years, together for probably what 11 or 12 years. But yes, we work very well together. And it was always our dream to sort of do this thing where we each have our individual strengths to bring together, especially investing. Rena Sherbill: Did investing bring you guys together? Did that have anything to do with you meeting? Amrita Roy: That would have bee...
Israeli Prime Minister Benjamin Netanyahu’s corruption trial will resume on Sunday, the Jerusalem District Court confirmed, after emergency restrictions imposed during the conflict with Iran were lifted. A court statement on Thursday said that “the return to work of the judicial system” means Netanyahu’s trial is cleared to continue, beginning with a hearing on Sunday set to include testimony from...
Israeli Prime Minister Benjamin Netanyahu’s corruption trial will resume on Sunday, the Jerusalem District Court confirmed, after emergency restrictions imposed during the conflict with Iran were lifted. A court statement on Thursday said that “the return to work of the judicial system” means Netanyahu’s trial is cleared to continue, beginning with a hearing on Sunday set to include testimony from a defence witness. Court business in Israel had been interrupted by the conflict but the military’s...
watch now VIDEO 3:31 03:31 Strait of Hormuz remains closed until further developments with Iran, says Kpler's Matt Smith Power Lunch Saudi Arabia's critical pipeline to the Red Sea suffered a recent attack from Iran, cutting throughput by 700,000 barrels per day. The attack hit a pumping station on the East-West pipeline, according to a state-news agency report . This pipeline brings crude oil fro...
watch now VIDEO 3:31 03:31 Strait of Hormuz remains closed until further developments with Iran, says Kpler's Matt Smith Power Lunch Saudi Arabia's critical pipeline to the Red Sea suffered a recent attack from Iran, cutting throughput by 700,000 barrels per day. The attack hit a pumping station on the East-West pipeline, according to a state-news agency report . This pipeline brings crude oil from processing facilities near the Persian Gulf to an export terminal on the Red Sea called Yanbu. The Saudis have relied on the pipeline, which has a capacity of 7 million bpd, as their main way to export crude oil during the Iran war. Riyadh cannot export through the Strait of Hormuz due to Iranian attacks. Attacks on Saudi's Manifa and Khurais production facilities have slashed the kingdom's output by 600,000 bpd, according to the Saudi Press Agency report. Several refineries have also been attacked. The damage to Saudi energy infrastructure will only compound the massive disruption to global oil supplies triggered by Iran's attacks on tankers in the Strait of Hormuz. The U.S. agreed to a two-week ceasefire on Tuesday in exchange for Iran allowing ships to pass through the strait. But the CEO of the United Arab Emirate's state-owned oil company said Thursday that the strait remains effectively closed to traffic. Iran has made clear that ships must obtain its permission to pass through the strait, said Sultan Ahmed Al Jaber, CEO of Abu Dhabi National Oil Co. "This moment requires clarity," Al Jaber said in a social media post . "So let's be clear: the Strait of Hormuz is not open. Access is being restricted, conditioned and controlled." The strait connects Gulf oil producers like Saudi Arabia and the UAE to global markets. About 20% of global oil supplies passed through the waterway before the U.S. and Israel attacked Iran on Feb. 28. Gulf oil producers have shut down about 13 million bpd of production due to the disruption in the strait, said Matt Smith, an oil analyst at ...