Addresses media for first time since losing friends in car accident Former world champion to return to ring in tune-up for Tyson Fury bout Anthony Joshua has stressed that rather than coming to terms with his own grief after the car accident in which two of his closest friends died last December, his primary focus has been on helping their parents. As he prepares to resume his career next month, J...
Addresses media for first time since losing friends in car accident Former world champion to return to ring in tune-up for Tyson Fury bout Anthony Joshua has stressed that rather than coming to terms with his own grief after the car accident in which two of his closest friends died last December, his primary focus has been on helping their parents. As he prepares to resume his career next month, Joshua said: “I’m just there for their parents. Number one is being a good soldier for them. Gotta look after the boys’ parents.” Asked if he had felt compelled to bury his pain since he was injured in the accident in Nigeria which took the lives of Sina Ghami and Latif Ayodele, Joshua said: “Everyone’s different. Me, I have to put my emotions to the side because I focus on the parents. My emotions can come at a later stage. I really look at the parents and I understand it must be most difficult for them. So I don’t make it about me, I make it about them. I make it about the mums and the dads of the two boys.” Continue reading...
July NY world sugar #11 (SBN26 ) is up +0.44 (+3.13%), and Aug London ICE white sugar #5 (SWQ26 ) is up +12.20 (+2.78%). Today’s gains added to last Friday’s rally of +0.93% in world sugar and +2.94% in London white sugar. Sugar prices on Monday continued higher amid concerns...
July NY world sugar #11 (SBN26 ) is up +0.44 (+3.13%), and Aug London ICE white sugar #5 (SWQ26 ) is up +12.20 (+2.78%). Today’s gains added to last Friday’s rally of +0.93% in world sugar and +2.94% in London white sugar. Sugar prices on Monday continued higher amid concerns...
Editor's note: Seeking Alpha is proud to welcome Manimala Misra as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » Maksim Safaniuk/iStock via Getty Images Introduction NexGen Energy Ltd. ( NXE ) is now a licensed ...
Editor's note: Seeking Alpha is proud to welcome Manimala Misra as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » Maksim Safaniuk/iStock via Getty Images Introduction NexGen Energy Ltd. ( NXE ) is now a licensed construction-stage uranium miner. The company received the final federal approval for construction of its Rook I uranium project in Saskatchewan. Rook I is a high-grade uranium mine that—the company claims—can alone supply 20% of global uranium demand. There is now increasing electricity demand from AI/data centers, which creates demand for nuclear-generated electricity. NexGen’s key strategy is to not get into too many fixed-price contracts but rather focus on spot prices. This helps them get maximum leverage from the high demand in the future. If they get into too many fixed contracts today, they may ensure a steady revenue stream; however, they will not get the benefit of what they expect to be much higher prices in the future. The company is valued at ~$8 billion today, which is a bit optimistic given that they are years away from production. There are substantial hurdles they will face before they can get the first uranium production underway. Under those given circumstances, I rate NXE a Hold. Business Overview NexGen Energy Ltd. is a Canadian uranium development company. NexGen’s Rook I is considered a potential Tier-1 uranium asset, which is located in Saskatchewan’s Athabasca Basin. It holds an exceptionally high-grade deposit, large reserves, and a long mine life. Its core asset, the Arrow deposit, has ore of varying grades with large reserves. It is one of the highest-grade undeveloped uranium deposits in the world. Its projected operating costs are low, and it has strong leverage to changes in uranium prices. It can produce uranium at both high and low costs. Th...
JHVEPhoto Paul V. Morris, a private banker who worked with Jeffrey Epstein at JPMorgan Chase ( JPM ) and Deutsche Bank ( DB ), left as a wealth adviser at Bank of America ( BAC ), according to a media report on Monday. Morris had managed Epstein's financial dealings at Deutsche Bank and JPMorgan. And while he didn't manage the convicted financier's financials at Bank of America ( BAC ), he continu...
JHVEPhoto Paul V. Morris, a private banker who worked with Jeffrey Epstein at JPMorgan Chase ( JPM ) and Deutsche Bank ( DB ), left as a wealth adviser at Bank of America ( BAC ), according to a media report on Monday. Morris had managed Epstein's financial dealings at Deutsche Bank and JPMorgan. And while he didn't manage the convicted financier's financials at Bank of America ( BAC ), he continued to correspond with Epstein for years after he joined BofA's Merrill Lynch division in 2016, Bloomberg News reported last week. On Monday, a company spokesperson confirmed to the news outlet that Morris had left the firm. While he was at Merrill, Morris accessed Epstein's powerful network of contacts and sought his thoughts on investment ideas. In at least one instance, the banker arranged to deliver gifts for Epstein and his assistant, the article said , citing documents released by the U.S. Department of Justice in recent months. Morris wasn't named as a defendant in the lawsuits filed by Epstein victims against Bank of America ( BAC ), JPMorgan ( JPM ), or Deutsche Bank ( DB ), Bloomberg said. Epstein pleaded guilty in Florida to procurement of minors for prostitution in 2008. He was arrested in 2019 on federal sex-trafficking charges. Weeks later he died by apparent suicide while in custody. More on Bank of America Bank of America Preferred Shares: High-Quality Income At A Significant Discount To Par Bank of America: A High-Quality Franchise Trading At An Attractive Valuation Bank of America Corporation (BAC) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript BofA CEO sees trading revenue rising 15% in Q2 Bank of America caught between bearish price action and 15% Q2 growth outlook
For leveraged finance practitioners, artificial intelligence is the only game in town — especially in the absence of more debt deals to finance mergers and acquisitions. The trillions of dollars needed to fund the technology’s data centers and power infrastructure dominated discussions last week at Goldman Sachs Group Inc. ’s 11th annual leveraged finance and credit conference in Dana Point, Calif...
For leveraged finance practitioners, artificial intelligence is the only game in town — especially in the absence of more debt deals to finance mergers and acquisitions. The trillions of dollars needed to fund the technology’s data centers and power infrastructure dominated discussions last week at Goldman Sachs Group Inc. ’s 11th annual leveraged finance and credit conference in Dana Point, California. More than 400 investment executives and 85 borrowers including American Airlines Group Inc. and Caesars Entertainment Inc. , as well as AI adjacent companies like Applied Digital Corp. and Cipher Digital Inc. descended on the Waldorf Astoria’s Monarch Beach resort. AI hype kept the mood buoyant despite lingering anxiety over a tepid M&A return, higher interest rates and the Iran conflict. The numbers backing the AI complex are staggering. Companies have raised more than $20 billion in the US junk-bond market in the last two months alone, while blue-chip firms look overseas to widen access to financing. In one of the market’s most striking developments, Apollo Global Management Inc . and Blackstone Inc. are corralling more investors into a $36 billion deal to help AI infrastructure build out by Anthropic PBC , which said separately on Monday it confidentially submitted draft paperwork for a public listing. “There’s such an enormous capex need across data centers, power, chips, that is so large that it really touches every market that we are involved in,” Miriam Wheeler , Goldman Sachs global head of leveraged finance, said in an interview. “For our capital solutions group right now, AI is probably the number one theme that we’re spending time on.” Read More: $300 Billion AI Debt Binge Spreads From Wall Street to Tokyo Presently, most corporate bonds issued for AI facilities trade at near-identical levels. However, as supply saturates the market, bankers caution a sorting mechanism is coming. If borrowers miss construction targets for their data centers, for example, t...
A screen of U.S. stocks with market capitalizations over $10B highlights Petróleo Brasileiro S.A. ( PBR.A ), HF Sinclair ( DINO ), and Eni S.p.A ( E ) among the market's most attractively valued companies relative to their sector peers. Seeking Alpha's valuation grade compares how expensive or cheap a stock is relative to others in its sector. It is based on a combination of valuation metrics such...
A screen of U.S. stocks with market capitalizations over $10B highlights Petróleo Brasileiro S.A. ( PBR.A ), HF Sinclair ( DINO ), and Eni S.p.A ( E ) among the market's most attractively valued companies relative to their sector peers. Seeking Alpha's valuation grade compares how expensive or cheap a stock is relative to others in its sector. It is based on a combination of valuation metrics such as P/E, PEG, EV/Sales, EV/EBITDA, EV/EBIT, Price/Sales, Price/Book, Price/Cash Flow, and dividend yield, using both current and forward estimates. Cheapest energy stocks by valuation grade (market cap over $10B): Petróleo Brasileiro S.A. ( PBR.A ): Valuation Grade A HF Sinclair ( DINO ): Valuation Grade A- Eni S.p.A ( E ): Valuation Grade A- MPLX ( MPLX ): Valuation Grade A- Petróleo Brasileiro S.A. ( PBR ): Valuation Grade A- Repsol ( REPYY ): Valuation Grade A- Western Midstream ( WES ): Valuation Grade A- Ecopetrol S.A. ( EC ): Valuation Grade B+ Energy Transfer ( ET ): Valuation Grade B+ Plains All American Pipeline ( PAA ): Valuation Grade B+ More on HF Sinclair, ENI, etc. Energy Transfer: The Drivers Behind Above-Average Growth This Year Energy Transfer Remains A Strong Buy After A Solid Q1 Performance MPLX: 7.6% Yield, 12% Distribution Growth, But I'm Not Buying (Downgrade) Petrobras announces discount on diesel prices SBM Offshore awarded multibillion-dollar FPSO contracts for Petrobras project
miniseries/E+ via Getty Images Waldencast ( WALD ) has agreed to sell its Obagi Medical business to Bridgepoint for $460M. At closing, Waldencast founders Michel Brousset and Hind Sebti will transition from Waldencast ( WALD ) to lead Obagi Medical in partnership with Bridgepoint. The sale marks a “significant step in Waldencast’s effort to strengthen its balance sheet and focus on accelerating th...
miniseries/E+ via Getty Images Waldencast ( WALD ) has agreed to sell its Obagi Medical business to Bridgepoint for $460M. At closing, Waldencast founders Michel Brousset and Hind Sebti will transition from Waldencast ( WALD ) to lead Obagi Medical in partnership with Bridgepoint. The sale marks a “significant step in Waldencast’s effort to strengthen its balance sheet and focus on accelerating the global growth of Milk Makeup.” Obagi Medical offers prescription and non-prescription skincare products to dermatologists, aesthetic practitioners, and healthcare professionals across North America, Europe, Asia, and the Middle East. At closing, Waldencast ( WALD ) intends to repay all of its outstanding senior term loan facility and invest in its remaining brand, Milk Makeup, under the leadership of co-founder Mazdack Rassi. Waldencast ( WALD ) shares are up more than 50%. More on Waldencast Seeking Alpha’s Quant Rating on Waldencast Historical earnings data for Waldencast Financial information for Waldencast
A screen of U.S. industrial stocks with market capitalizations above $10B highlights Southwest Airlines ( LUV ), U-Haul Holding ( UHAL ) and Stanley Black & Decker ( SWK ) among the market's most attractively valued companies relative to their sector peers. Seeking Alpha's valuation grade compares how expensive or cheap a stock is relative to others in its sector. It is based on a combination of v...
A screen of U.S. industrial stocks with market capitalizations above $10B highlights Southwest Airlines ( LUV ), U-Haul Holding ( UHAL ) and Stanley Black & Decker ( SWK ) among the market's most attractively valued companies relative to their sector peers. Seeking Alpha's valuation grade compares how expensive or cheap a stock is relative to others in its sector. It is based on a combination of valuation metrics such as P/E, PEG, EV/Sales, EV/EBITDA, EV/EBIT, Price/Sales, Price/Book, Price/Cash Flow, and dividend yield, using both current and forward estimates. Most cheap U.S. stocks by valuation grade (market cap $10B and above): Southwest Airlines ( LUV ): Valuation grade A . U-Haul Holding ( UHAL ): Valuation grade A . Stanley Black & Decker ( SWK ): Valuation grade A- . United Airlines Holdings ( UAL ): Valuation grade A- . United Parcel Service ( UPS ): Valuation grade A- . Paychex ( PAYX ): Valuation grade B+ . Symbotic ( SYM ): Valuation grade B+ . QXO ( QXO ): Valuation grade B . Uber Technologies ( UBER ): Valuation grade B . CACI International ( CACI ): Valuation grade B- . More on industrial stocks Southwest Airlines Co. (LUV) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript CACI: Buy Rating Reaffirmed After Major Federal Contract Wins This Year U-Haul Holding Company (UHAL) Q4 2026 Earnings Call Transcript Uber, Autobrains partner on Munich robotaxi program powered by Nvidia Drive These 10 large-cap U.S. stocks rank among the market's cheapest names
Russia Bans Jet Fuel Exports As Ukrainian Attacks Cripple Refining Russia is banning exports of jet fuel through November 30, 2026, as it seeks to ensure domestic supply amid intensifying Ukrainian drone attacks on the Russian refining infrastructure, OilPrice.com reported. Russia on Monday announced it is temporarily banning jet fuel exports until the end of November to keep sufficient domestic a...
Russia Bans Jet Fuel Exports As Ukrainian Attacks Cripple Refining Russia is banning exports of jet fuel through November 30, 2026, as it seeks to ensure domestic supply amid intensifying Ukrainian drone attacks on the Russian refining infrastructure, OilPrice.com reported. Russia on Monday announced it is temporarily banning jet fuel exports until the end of November to keep sufficient domestic aviation fuel supplies. Supplies under intergovernmental agreements are exempted from the ban, the Russian government said today. The decision comes after drone strikes on refineries pushed Russia’s crude-processing rate to the lowest in more than 16 years. In an effort to curb the flow of petrodollars into the Kremlin’s coffers, Ukraine has targeted a wide range of energy assets including sea ports and pipelines. The ban is not expected to be felt on the tight international jet fuel market as Russia is a small exporter of aviation fuels. Last year, it exported an average of 30,000 barrels a day, or less than 2% of the global supplies, according to data compiled by Bloomberg from analytics firm Vortexa Ltd. Daily average exports slipped to 28,000 barrels in the first four months of 2026, with Turkey being the main buyer, the data show. But the ban on kerosene exports follows a ban on gasoline exports , in force since April 1, as Russia has seen its refining capacity and capability crippled in recent weeks by intensifying drone attacks from Ukraine. Kyiv has targeted several major refiners and oil export terminals since the war in Iran began, aiming to cripple Russia's ability to take advantage of the soaring international oil and fuel prices. Last month, Ukraine targeted the 300,000-barrels per day Yaroslavl oil refinery in Russia, escalating the drone attacks on Russian refining and oil exporting assets, Ukrainian President Volodymyr Zelenskyy said. “We are bringing the war back home – to Russia – and that’s only fair,” Zelenskyy said in May. The attack on the Yaroslavl oil...
Image source: The Motley Fool. March 26, 2026, 4:30 p.m. ET Oxford Industries (NYSE:OXM) reported a three percent sales decline to $1.48 billion and a 190 basis point decrease in adjusted gross margin to 61.3%, driven by $30 million in tariff costs and competitive market pressures. Management completed its largest infrastructure project in years with the Lyons, Georgia distribution center, aiming ...
Image source: The Motley Fool. March 26, 2026, 4:30 p.m. ET Oxford Industries (NYSE:OXM) reported a three percent sales decline to $1.48 billion and a 190 basis point decrease in adjusted gross margin to 61.3%, driven by $30 million in tariff costs and competitive market pressures. Management completed its largest infrastructure project in years with the Lyons, Georgia distribution center, aiming for long-term supply chain and service improvements, while tariff headwinds and increased SG&A capped immediate benefits. First quarter to date in the following year shows mid-single-digit comp gains for Tommy Bahama and modestly positive comps for the broader business, but Lilly Pulitzer started soft due to unfavorable weather in its core markets. Sourcing diversification, further price increases, and expected sales growth from key brands underpin guidance for up to four percent revenue growth and a modest gross margin rebound, though $50 million in projected tariffs and higher operational expenses are expected to constrain earnings in the near term. Continue reading
jetcityimage/iStock Editorial via Getty Images Dow ( DOW ) and Univar Solutions said Monday they have entered into a long-term agreement that will expand distribution of Dow's Decarbia low-carbon product portfolio through Univar's global network. The agreement covers a range of end markets, including beauty and personal care, home care, food, pharmaceuticals and industrial applications. The compan...
jetcityimage/iStock Editorial via Getty Images Dow ( DOW ) and Univar Solutions said Monday they have entered into a long-term agreement that will expand distribution of Dow's Decarbia low-carbon product portfolio through Univar's global network. The agreement covers a range of end markets, including beauty and personal care, home care, food, pharmaceuticals and industrial applications. The companies said the arrangement is intended to improve access to products that carry Product Carbon Footprint certificates and help customers track emissions associated with purchased materials. The deal reflects growing demand from manufacturers for lower-carbon raw materials as companies face increasing pressure from investors, customers and regulators to measure and reduce greenhouse gas emissions throughout their supply chains. For investors, Scope 3 emissions, those generated indirectly through a company's value chain, have become a growing focus of corporate sustainability programs. Many manufacturers are seeking suppliers that can provide emissions data and lower-carbon alternatives to help meet internal climate targets and disclosure requirements. Dow ( DOW ) said the carbon footprints of products included in the program are calculated using a Carbon Footprint Ledger methodology and are assessed under standards including ISO 14067 and the Greenhouse Gas Protocol Product Standard. Under the agreement, Univar will distribute products from Dow's ( DOW ) Decarbia portfolio and provide customers with associated carbon-footprint documentation. The companies said the arrangement builds on their existing commercial relationship. Brendy Lange, president of performance materials and coatings at Dow ( DOW ), said the company is investing in the development of lower-carbon products and expanding their availability through distribution partners. David Jukes, president and chief executive officer of Univar Solutions, said the agreement will broaden access to products designed to support...