July WTI crude oil (CLN26) on Thursday closed down -1.91 (-1.94%), and July RBOB gasoline (RBN26) closed down -0.1073 (-3.17%). Crude oil and gasoline prices erased an early rally on Thursday and settled sharply lower, with gasoline falling to a 2-week low. Crude prices tumbled on hopes that the US and Iran are closing in on a peace deal that could lead to a resumption of crude supplies through th...
July WTI crude oil (CLN26) on Thursday closed down -1.91 (-1.94%), and July RBOB gasoline (RBN26) closed down -0.1073 (-3.17%). Crude oil and gasoline prices erased an early rally on Thursday and settled sharply lower, with gasoline falling to a 2-week low. Crude prices tumbled on hopes that the US and Iran are closing in on a peace deal that could lead to a resumption of crude supplies through the Strait of Hormuz. Thursday's rally in the dollar index ($DXY) to a 6-week high was also negative for crude prices. Crude prices retreated on Thursday after Iran said the latest US proposal has "narrowed the gaps" between the two sides. That proposal suggested a short-term deal that would see Iran open the Strait of Hormuz and the US lift a blockade of Iranian ports, with both sides then going into deeper negotiations over Iran's nuclear program. Don’t Miss a Day: Crude prices initially rallied sharply on Thursday after Reuters reported that Iran's Supreme Leader said enriched uranium must stay in Iran, as sending the material abroad would leave the country more vulnerable to future attacks by the US and Israel. The report tempered optimism that the US and Iran were moving closer to a deal to end the war. Ramped-up geopolitical tensions are supportive for crude prices after Reuters reported Monday that Pakistan has deployed 8,000 troops, a squadron of fighter jets, and an air defense system to Saudi Arabia as part of a mutual defense pact, a deployment described as a "substantial, combat-capable force" to support Saudi Arabia if it comes under further attack. On Sunday, the UAE reported that a drone sparked a fire in a power station at the United Arab Emirates' Barakah nuclear plant, and Saudi Arabia said it intercepted and destroyed three drones that entered its airspace. Last Wednesday, the International Energy Agency (IEA) said in a monthly report that global observed oil inventories declined at about 4 million bpd in March and April, and that the market will remain "se...
August Nymex natural gas (NGQ25) on Friday closed up +0.023 (+0.65%). Aug nat-gas prices on Friday settled higher on forecasts for excessive heat next week in the US. Vaisala said forecasts remain above normal for the July 22-26 period across the US, with highs in the mid-90s expected in the middle of the country, which could boost nat-gas demand from electricity providers to meet increased air co...
August Nymex natural gas (NGQ25) on Friday closed up +0.023 (+0.65%). Aug nat-gas prices on Friday settled higher on forecasts for excessive heat next week in the US. Vaisala said forecasts remain above normal for the July 22-26 period across the US, with highs in the mid-90s expected in the middle of the country, which could boost nat-gas demand from electricity providers to meet increased air conditioning usage. Also, forecaster Atmospheric G2 said Friday that forecasts shifted hotter over the south-central and southwestern US for July 28-August 1. Don’t Miss a Day: However, gains in nat-gas prices were limited due to abundant US nat-gas supplies and the outlook for higher US nat-gas production. As of July 11, nat-gas inventories were +6.2% above their 5-year seasonal average. Also, a weekly report from Baker Hughes showed the number of active US nat-gas drilling rigs rose to a 17-month high on Friday, which portends to higher nat-gas production in the near term. Lower-48 state dry gas production on Friday was 108.3 bcf/day (+5.3% y/y), according to BNEF. Lower-48 state gas demand on Friday was 78 bcf/day (-0.3% y/y), according to BNEF. Estimated LNG net flows to US LNG export terminals on Friday were 15.5 bcf/day (-1.2% w/w), according to BNEF. An increase in US electricity output is positive for nat-gas demand from utility providers. The Edison Electric Institute reported Wednesday that total US (lower-48) electricity output in the week ended July 12 rose +1.1% y/y to 98,133 GWh (gigawatt hours), and US electricity output in the 52-week period ending July 12 rose +2.4% y/y to 4,248,982 GWh. Thursday’s weekly EIA report was slightly bearish for nat-gas prices since nat-gas inventories for the week ended July 11 rose +46 bcf, above the consensus of +45 bcf and the 5-year average of +41 bcf for the week. As of July 11, nat-gas inventories were down -4.9% y/y, but were +6.2% above their 5-year seasonal average, signaling adequate nat-gas supplies. As of July 15, gas...
Image source: The Motley Fool. Tuesday, March 31, 2026 at 5 p.m. ET Call participants Chief Executive Officer — Rhoniel Daguro Chief Financial Officer — Ed Sellitto General Counsel — Graham Arad Takeaways Total Revenue -- $0.4 million for the quarter, representing 2x growth compared to the prior year’s $0.2 million, per CFO Ed Sellitto. -- $0.4 million for the quarter, representing 2x growth compa...
Image source: The Motley Fool. Tuesday, March 31, 2026 at 5 p.m. ET Call participants Chief Executive Officer — Rhoniel Daguro Chief Financial Officer — Ed Sellitto General Counsel — Graham Arad Takeaways Total Revenue -- $0.4 million for the quarter, representing 2x growth compared to the prior year’s $0.2 million, per CFO Ed Sellitto. -- $0.4 million for the quarter, representing 2x growth compared to the prior year’s $0.2 million, per CFO Ed Sellitto. Full-Year Revenue -- $2.0 million, up 129% from $0.9 million in the prior year, driven by new enterprise customers going live. -- $2.0 million, up 129% from $0.9 million in the prior year, driven by new enterprise customers going live. GAAP Operating Expenses -- $4.5 million for the quarter, down from $4.9 million in the prior-year quarter; full year expenses were $20.2 million, up from $15.6 million, due to expanded sales, R&D investment, sales shares issued, and a $0.8 million credit loss expense. -- $4.5 million for the quarter, down from $4.9 million in the prior-year quarter; full year expenses were $20.2 million, up from $15.6 million, due to expanded sales, R&D investment, sales shares issued, and a $0.8 million credit loss expense. Net Loss -- $4.0 million for the quarter ($1.1 million noncash), compared to $4.6 million prior-year ($0.6 million noncash); full-year net loss was $17.9 million ($3.8 million noncash), compared to $14.3 million ($2.8 million noncash). -- $4.0 million for the quarter ($1.1 million noncash), compared to $4.6 million prior-year ($0.6 million noncash); full-year net loss was $17.9 million ($3.8 million noncash), compared to $14.3 million ($2.8 million noncash). Net Loss per Share -- $0.28 quarterly, improved from $0.42 prior-year; full-year net loss per share was $1.38 versus $1.40. -- $0.28 quarterly, improved from $0.42 prior-year; full-year net loss per share was $1.38 versus $1.40. Remaining Performance Obligation (RPO) -- $2.2 million at year end, down $1.4 million sequentially ...
Earnings Call Insights: Borr Drilling Limited (BORR) Q1 2026 Management View "Operationally, we delivered technical utilization of 99.4% and economic utilization of 97% in the first quarter. Revenue for the period was $247 million and adjusted EBITDA of $88.5 million, primarily impacted by the delayed start-up of the Odin [and] $8.4 million credit loss provision." (CEO Bruno Morand) "We also annou...
Earnings Call Insights: Borr Drilling Limited (BORR) Q1 2026 Management View "Operationally, we delivered technical utilization of 99.4% and economic utilization of 97% in the first quarter. Revenue for the period was $247 million and adjusted EBITDA of $88.5 million, primarily impacted by the delayed start-up of the Odin [and] $8.4 million credit loss provision." (CEO Bruno Morand) "We also announced the acquisition of 5 premium jack-up rigs on Paratus for $287 million through a new 50-50 joint venture with our long-standing Mexican well construction partners. This transaction will expand our fleet from 29 to 34 rigs and further strengthen our position in the Mexican market." (CEO Morand) "In April, we successfully completed an upsized $300 million convertible senior notes offering due in 2033, using the proceeds to repurchase a significant portion of our 2028 convertible bonds. This transaction meaningfully extends our maturity profile and strengthen our capital structure." (CEO Morand) "Overall, for the quarter, we had a net loss of $29 million and adjusted EBITDA of $88.5 million, down $16.7 million quarter-on-quarter." (CFO Magnus Vaaler) Outlook "Looking ahead, we expect second quarter results to continue to be affected by the delayed startup of the Odin now anticipated to commence in late June as well as rigs transition." (CEO Morand) "Since our last earnings report, we've secured 8 contract commitments, representing more than 1,100 days of firm work. Full year 2026 coverage has increased to 71% at an average day rate of approximately $137,000, while second half 2026 coverage now stands at 65% as compared to 48% in the prior earnings report." (CEO Morand) "Due to our customers' planning and budgeting cycles, we expect that improved activities and dayrates will lag the oil price increase by 6 to 12 months." (CEO Morand) Financial Results "Total operating revenues for Q1 were $247 million, a decrease of $12.4 million or 4.8% compared to Q4." (CFO Magnus Vaaler)...
The S&P 500 (^GSPC +0.17%) edged up 0.17% to 7,445.72 after choppy oil‑driven trading, the Nasdaq Composite (^IXIC +0.09%) added 0.09% to 26,293.10, and the Dow Jones Industrial Average (^DJI +0.55%) climbed 0.55% to 50,285.66, rebounding from early losses. Market movers Nvidia slipped from early strength despite yesterday’s blowout earnings. International Business Machines rallied over 12% on qua...
The S&P 500 (^GSPC +0.17%) edged up 0.17% to 7,445.72 after choppy oil‑driven trading, the Nasdaq Composite (^IXIC +0.09%) added 0.09% to 26,293.10, and the Dow Jones Industrial Average (^DJI +0.55%) climbed 0.55% to 50,285.66, rebounding from early losses. Market movers Nvidia slipped from early strength despite yesterday’s blowout earnings. International Business Machines rallied over 12% on quantum computing developments. Walmart dropped 7% following its Q1 results, while rival Costco Wholesale slipped 2%. Spotify Technology soared after it wowed investors with its growth plans. What this means for investors U.S. markets inched higher today, erasing early losses, as oil prices fell on reports of progress in U.S.-Iran negotiations. It is becoming a familiar story as traders watch for headway on reopening the Strait of Hormuz, which would be the first step toward normalizing oil supplies. However, until a deal is done, investors can expect further volatility. Fears that elevated oil prices could fuel further inflation has lead to a surge in bond yields, and some argue this will start to pressure global equities. BCA Research, a Canadian investment analysis firm, think the outlook for stocks is weak right now, particularly because much of the recent rally was driven by a handful of artificial intelligence (AI) and semiconductor stocks. Meanwhile, anticipation is growing about mega-IPOs from SpaceX and OpenAI. Some traders expect their market caps to top $1 trillion when they go public, raising concerns that they could take capital from other large-cap names.
Image source: The Motley Fool. Wednesday, March 18, 2026 at 8:30 a.m. ET Call participants Chief Executive Officer — William Grant Chief Financial Officer — Almog Adar Need a quote from a Motley Fool analyst? Email [email protected] Risks Revenue decline -- "At the same time, revenue for the fourth quarter and for the full year came in lower than estimated," due to the U.S. sales channel transitio...
Image source: The Motley Fool. Wednesday, March 18, 2026 at 8:30 a.m. ET Call participants Chief Executive Officer — William Grant Chief Financial Officer — Almog Adar Need a quote from a Motley Fool analyst? Email [email protected] Risks Revenue decline -- "At the same time, revenue for the fourth quarter and for the full year came in lower than estimated," due to the U.S. sales channel transition and distributor order timing for AlterG product line. -- "At the same time, revenue for the fourth quarter and for the full year came in lower than estimated," due to the U.S. sales channel transition and distributor order timing for AlterG product line. Low cash reserves -- $2.2 million unrestricted cash at year-end, with operating cash usage of $16.8 million for the year, indicating dependence on successful transaction closing for near-term liquidity. Takeaways Total revenue -- $22 million, representing a 14% decrease compared to $25.7 million in 2024. -- $22 million, representing a 14% decrease compared to $25.7 million in 2024. ReWalk Personal Exoskeleton revenue -- $8.5 million, largely unchanged from $8.9 million, with a 22% increase in units sold indicating higher adoption and demand. -- $8.5 million, largely unchanged from $8.9 million, with a 22% increase in units sold indicating higher adoption and demand. MyoCycle FES Bike revenue -- $600,000, down 50%, mainly due to shifting away from an exclusive distribution arrangement and focusing on the core portfolio. -- $600,000, down 50%, mainly due to shifting away from an exclusive distribution arrangement and focusing on the core portfolio. AlterG revenue -- $12.9 million, an 18% decline, driven by lower international sales and significant distributor order timing differences. -- $12.9 million, an 18% decline, driven by lower international sales and significant distributor order timing differences. Gross profit (GAAP) -- $8.4 million, or 38.2% of revenue, compared to $8.2 million and 32% in 2024, reflecting higher y...
STORY: "Nvidia is kind of the barometer for just general AI demand. So the fact that they're putting up real revenue numbers continues to signal that this AI buildout isn't hype, it's meeting real use cases," McMillan said. He points to the growing market for AI in areas like autonomous driving as a sign of this.
STORY: "Nvidia is kind of the barometer for just general AI demand. So the fact that they're putting up real revenue numbers continues to signal that this AI buildout isn't hype, it's meeting real use cases," McMillan said. He points to the growing market for AI in areas like autonomous driving as a sign of this.
One inflation spike in the 2020s might be an accident, the world’s biggest bond markets seem to have decided, but two looks like an alarming new trend. The US war on Iran is inflicting another wave of price hikes on a global economy that’s barely recovered from the last one. A material chunk of the world’s fuel and fertilizers is trapped inside the Strait of Hormuz, and the pain is spreading. Euro...
One inflation spike in the 2020s might be an accident, the world’s biggest bond markets seem to have decided, but two looks like an alarming new trend. The US war on Iran is inflicting another wave of price hikes on a global economy that’s barely recovered from the last one. A material chunk of the world’s fuel and fertilizers is trapped inside the Strait of Hormuz, and the pain is spreading. European airlines canceled flights, Americans have spent an extra $20 billion at the gas pump, and Asian rice farmers wondered if they should skip planting . Pretty much every pundit reckons things will get worse before they get better. As all this damage mounts, it’s starting to rattle the safest haven in world finance: the $50 trillion-plus market for Group of Seven sovereign bonds, where long-term yields hit a two-decade high this week. Put simply, investors are starting to worry, like they never quite did even at the post-Covid peak, that higher inflation is here to stay. They want compensation for that risk, and expect central banks will have to raise interest rates to contain it. That’s a conclusion based not just on the blow from the Mideast conflict, but the environment it’s landing in. Economies still haven’t wrung all the pandemic inflation out of their system. Governments owe ever-increasing debts, as they struggle to rein in spending that adds fuel to the fire. And great-power rivalry has left supply chains fragmented and costlier, while stoking an expensive arms race. “You just have this series of never-ending supply shocks, and these big structural changes in the global economy, and that’s going to create a lot of inflation volatility,” says Dario Perkins , managing director at TS Lombard. With 2% targets starting to look more floor than ceiling, “my guess is we’re entering a different phase of the monetary cycle,” he says. “It’ll be rate hikes everywhere.” ‘After the One Before’ Central bankers can’t do much about the sudden stop to Persian Gulf energy, just like...
MONTRÉAL, May 21, 2026 (GLOBE NEWSWIRE) -- Canadian Net Real Estate Investment Trust (“Canadian Net” or the “REIT”) (TSX-V: NET.UN) today reported its results for the quarter ended March 31st, 2026 (“Q1 2026”). The REIT also announced an increase in annual distributions and distributions for July, August and September 2026 (“Q3 2026”). "We are pleased to report continued FFO per unit1 growth and t...
MONTRÉAL, May 21, 2026 (GLOBE NEWSWIRE) -- Canadian Net Real Estate Investment Trust (“Canadian Net” or the “REIT”) (TSX-V: NET.UN) today reported its results for the quarter ended March 31st, 2026 (“Q1 2026”). The REIT also announced an increase in annual distributions and distributions for July, August and September 2026 (“Q3 2026”). "We are pleased to report continued FFO per unit1 growth and to announce a 3% increase in our distribution, a testament to the strength and predictability of our portfolio," said Kevin Henley, President and CEO. "As expected, FFO per unit1 growth this quarter was impacted by the carrying cost of our recently issued debenture, which was raised precisely to accelerate our acquisition pipeline. This impact is temporary and will reverse as that capital is deployed into accretive opportunities. With a stronger balance sheet, an active acquisition pipeline, and a portfolio running at 100% occupancy, we are well-positioned to continue delivering FFO1 growth as the year progresses." RESULTS FOR Q1 2026 Canadian Net reported Funds from operations1 (“FFO”) of $3.41 million, or $0.166 per unit, an increase of 1% compared to $3.38 million, or $0.164 per unit, for the quarter ended March 31, 2025 (“Q1 2025”). Rental income was $6.9 million in Q1 2026, an increase of 1.3% from Q1 2025. Net Operating Income1 (“NOI”) in Q1 2026 was $5.0 million, an increase of 0.6% from Q1 2025, reflecting an increase in rental income due to property acquisitions. The REIT generated a net income attributable to unitholders of $2.5 million in Q1 2026 compared to a net income of $10.2 million in Q1 2025. The increase in Normalized FFO1 is derived from higher rental income from property acquisitions and lower interest charges on credit facilities. The increase in NOI1 was mainly attributable to the increase in rental income from property acquisitions. Finally, the variance in net income attributable to unitholders is primarily attributable to the change in the fair valu...
MONTRÉAL, 21 mai 2026 (GLOBE NEWSWIRE) -- Fonds de Placement Immobilier Canadien Net (« Canadien Net » ou le « Fonds ») (TSX - V : NET.UN) a publié aujourd'hui ses résultats pour le trimestre se terminant le 31 mars 2026 (« T1 2026 ») et des distributions pour les mois de juillet, août et septembre 2026 (« T3 2026 »). « Nous sommes heureux d’annoncer une croissance continue du FPE par part1 et d'a...
MONTRÉAL, 21 mai 2026 (GLOBE NEWSWIRE) -- Fonds de Placement Immobilier Canadien Net (« Canadien Net » ou le « Fonds ») (TSX - V : NET.UN) a publié aujourd'hui ses résultats pour le trimestre se terminant le 31 mars 2026 (« T1 2026 ») et des distributions pour les mois de juillet, août et septembre 2026 (« T3 2026 »). « Nous sommes heureux d’annoncer une croissance continue du FPE par part1 et d'annoncer une augmentation de 3% de notre distribution, ce qui témoigne de la solidité et de la prévisibilité de notre portefeuille, », a déclaré Kevin Henley, président et chef de la direction. « Comme prévu, la croissance du FPE par part1 ce trimestre a été impactée par le coût de financement de notre débenture récemment émise, qui a été levée précisément pour accélérer notre rythme d'acquisitions. Cet impact est temporaire et se résorbera à mesure que ce capital sera déployé dans des acquisitions profitables. Avec un bilan renforcé, un pipeline d'acquisitions actif et un portefeuille maintenu à 100% d'occupation, nous sommes bien positionnés pour continuer à générer une croissance du FPE1 au cours de l'année. » RÉSULTATS DU T1 2026 Canadien Net a rapporté des fonds provenant de l’exploitation1 (« FPE ») de 3,41 millions de dollars, soit 0,166 $ par part, une augmentation de 1 % comparé à 3,38 millions de dollars, soit 0,164 $ par part pour le trimestre terminé le 31 mars 2025 (« T1 2025 »). Les revenus de location étaient de 6,9 millions de dollars au T1 2026, soit une augmentation de 1,3 % par rapport au T1 2025. Le résultat net d’exploitation1 (« RNE ») au T1 2026 s'élevait à 5,0 millions de dollars, soit une augmentation de 0,6 % par rapport au T1 2025, reflétant principalement une augmentation des revenus locatifs due aux acquisitions de propriétés. Le Fonds a généré un résultat net attribuable aux porteurs de parts de 2,5 millions de dollars au T1 2026, comparé à un résultat net de 10,2 millions de dollars au T1 2025. L’augmentation des FPE normalisés1 provient de la ...
NVIDIA SANTA CLARA, Calif., May 21, 2026 (GLOBE NEWSWIRE) -- NVIDIA will present at the following events for the financial community: TD Cowen 54th Annual Technology, Media, & Telecom Conference Thursday, May 28, at 7:15 a.m. PT BofA Global Technology Conference Thursday, June 4, at 8:40 a.m. PT Interested parties can listen to the live audio webcast of NVIDIA financial presentations at investor.n...
NEW YORK, May 21, 2026 /PRNewswire/ -- WhiteFiber, Inc. (Nasdaq: WYFI) ("WhiteFiber" or the "Company"), a leading provider of AI infrastructure and high-performance computing solutions, today announced that it has entered into a five-year agreement to provide AI compute infrastructure for an investment-grade technology customer. The deployment will be located in the Paris region and will utilize a...
NEW YORK, May 21, 2026 /PRNewswire/ -- WhiteFiber, Inc. (Nasdaq: WYFI) ("WhiteFiber" or the "Company"), a leading provider of AI infrastructure and high-performance computing solutions, today announced that it has entered into a five-year agreement to provide AI compute infrastructure for an investment-grade technology customer. The deployment will be located in the Paris region and will utilize advanced NVIDIA GPU systems. WhiteFiber (PRNewsfoto/WhiteFiber, Inc.) The agreement represents total contract value in excess of $160 million over the five-year term and is expected to commence service in July 2026, subject to final equipment delivery and acceptance milestones. In connection with the deployment, WhiteFiber has entered into a binding term sheet for project-level financing, which is expected to close in June 2026. The project is expected to be supported by customer prepayments, including 12 months of advance service fees, and project-level financing, with limited long-term reliance on WhiteFiber's corporate balance sheet and existing cash resources. "We continue to see strong demand for AI compute infrastructure from enterprise customers globally," said Sam Tabar, Chief Executive Officer of WhiteFiber. "This agreement reflects our ability to originate large-scale AI compute deployments with long-duration, investment-grade customer commitments and capital-efficient financing structures. It also expands our cloud footprint into Europe and reinforces that demand for high-performance AI infrastructure is global." WhiteFiber has secured third-party data center capacity in France to support the deployment. About WhiteFiber, Inc. WhiteFiber is a provider of artificial intelligence ("AI") infrastructure solutions. WhiteFiber owns high-performance computing data centers and provides cloud services to customers. Our vertically integrated model combines specialized colocation, hosting, and cloud services engineered to maximize performance, efficiency, and margin for gene...
GLP-1s are some of the most popular prescription medications today. Unfortunately, when it comes to them, many Americans still have to choose between their health and their pocketbooks. This includes Medicare beneficiaries, who currently only have their GLP-1s covered if they use the medications to treat an underlying condition, like type 2 diabetes. All that seemed about to change a few months ag...
GLP-1s are some of the most popular prescription medications today. Unfortunately, when it comes to them, many Americans still have to choose between their health and their pocketbooks. This includes Medicare beneficiaries, who currently only have their GLP-1s covered if they use the medications to treat an underlying condition, like type 2 diabetes. All that seemed about to change a few months ago, when the government promised a new program -- the Better Approaches to Lifestyle and Nutrition for Comprehensive hEalth (BALANCE) model -- that would cover GLP-1s for weight loss for Medicare beneficiaries. However, it's been tabled indefinitely. The BALANCE model was originally scheduled to take effect in January 2027 and would have allowed Medicare Part D sponsors to decide whether to cover GLP-1s for weight loss. However, that plan has been delayed, with no indication of when it will now take effect. That doesn't mean Medicare beneficiaries are out of luck, though. There's a new Medicare GLP-1 Bridge program that will take effect in July 2026. This will enable Medicare beneficiaries to have their GLP-1s for weight loss covered by Medicare, as long as their healthcare provider submits a prior authorization request and a prescription for a covered medication. This program was initially only supposed to last through the end of the year, but the government has now extended it through 2027. It's unclear what will happen to it beyond this point. It's also worth noting that, as the GLP-1 Bridge program operates outside of Medicare Part D plans, any money spent on these medications for weight loss won't count toward your Medicare Part D deductible or out-of-pocket maximum. This could increase your retirement healthcare costs this year. If you have any questions about this coverage, contact the Centers for Medicare & Medicaid Services for more information.
US Deploys Aircraft Carrier To Caribbean As Trump Admin Pressures Cuba Authored by Jack Phillips via The Epoch Times (emphasis ours), The U.S. military command operating in the Western Hemisphere said on May 20 that an aircraft carrier strike group entered the Caribbean Sea, as the Trump administration heaps pressure on the Cuban communist regime. In a post on X, U.S. Southern Command said that th...
US Deploys Aircraft Carrier To Caribbean As Trump Admin Pressures Cuba Authored by Jack Phillips via The Epoch Times (emphasis ours), The U.S. military command operating in the Western Hemisphere said on May 20 that an aircraft carrier strike group entered the Caribbean Sea, as the Trump administration heaps pressure on the Cuban communist regime. In a post on X, U.S. Southern Command said that the USS Nimitz is now in the Caribbean and released video footage of the carrier group. Southern Command did not provide more details about why the carrier group traveled to the region. The Nimitz, it said, "has proven its combat prowess across the globe, ensuring stability and defending democracy from the Taiwan Strait to the Arabian Gulf." The Nimitz, commissioned in 1975, carried out joint naval exercises with the Brazilian Navy off the coast of Rio de Janeiro last week, the U.S. Embassy in Brazil said in a May 14 statement. On May 20, the Department of Justice (DOJ) unsealed a criminal indictment against former Cuban leader Raul Castro, and U.S. Secretary of State Marco Rubio released a video in Spanish urging Cubans to reject the country's communist leadership. According to the DOJ indictment, Castro was indicted in connection with the 1996 downing of civilian planes operated by Miami-based exiles. Castro, now 94, was Cuba's defense minister when the planes were shot down, killing four people. The charges against Castro, the brother of former Cuban leader Fidel Castro, drew pushback from the country's current leader, Miguel Diaz-Canel, in a post on X. " This is a political maneuver, devoid of any legal foundation, aimed solely at padding the fabricated dossier they use to justify the folly of a military aggression against Cuba ," Diaz-Canel wrote. This year, U.S. President Donald Trump has been ratcheting up talk of regime change in Cuba and said he would potentially initiate a "friendly takeover" of the country if its leadership did not open up its economy to American i...
Retirees who want a monthly income without the wild ride of high-yield specialty funds often land on the Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO). The pitch is straightforward: pair roughly 25 to 30 quality dividend stocks with a tactical covered call overlay that adds option premium on top of regular payouts. DIVO has raised ... DIVO’s 5% Yield Is Impressive, But Its Tactical Cove...
Retirees who want a monthly income without the wild ride of high-yield specialty funds often land on the Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO). The pitch is straightforward: pair roughly 25 to 30 quality dividend stocks with a tactical covered call overlay that adds option premium on top of regular payouts. DIVO has raised ... DIVO’s 5% Yield Is Impressive, But Its Tactical Covered Call Strategy Costs You 30% of Big Up Months
Mike Coppola/Getty Images Entertainment A JPMorgan Chase & Co.-led bank group boosted a leveraged loan offering for Warner Bros. Discovery ( WBD ) to $10.2B as the media company tries to refinance short-term debt ahead of its planned sale to Paramount Skydance ( PSKY ). The offering is made up of two tranches: a US dollar facility that was raised to $9B from $5B, and a €1 billion ($1.16 billion) p...
Mike Coppola/Getty Images Entertainment A JPMorgan Chase & Co.-led bank group boosted a leveraged loan offering for Warner Bros. Discovery ( WBD ) to $10.2B as the media company tries to refinance short-term debt ahead of its planned sale to Paramount Skydance ( PSKY ). The offering is made up of two tranches: a US dollar facility that was raised to $9B from $5B, and a €1 billion ($1.16 billion) portion that’s unchanged, according to a Bloomberg report on Thursday, which cited a person familiar with the matter. The proposed funding comes ahead of Paramount Skydance's $110B purchase of Warner Bros. ( WBD ). The financing is being used to partially pay down a ~$15B bridge facility, according to the report. JPMorgan and Warner Bros. declined to comment. Bloomberg reported on Monday that bankers were preparing to sell $49B of debt for combination of two of Hollywood's biggest legacy media firms. A premarketing process for the debt is expected to start in the next couple of weeks. More on Warner Bros. Discovery, Paramount Skydance Corporation Netflix, Disney, FuboTV, WBD And The Streaming Media Landscape Paramount Skydance Corporation (PSKY) Presents at MoffettNathanson's Media, Internet & Communications Conference Transcript Warner Bros. Discovery: Actually Soft, Not Strong, Earnings; But The Merger Would Cure All, Will It Close? Senators want FCC review of foreign ownership in Warner/Paramount deal Paramount Skydance aims to close Warner Bros. deal in July - report
David McNew/Getty Images News Exxon Mobil ( XOM ) is in talks to acquire rights to produce oil in Venezuela nearly 20 years after it was effectively expelled from the country, in what would be a victory for President Trump, who has sought to open the country's vast natural wealth to U.S. businesses, The New York Times reported Thursday. The deal, which could be finalized and announced as soon as t...
David McNew/Getty Images News Exxon Mobil ( XOM ) is in talks to acquire rights to produce oil in Venezuela nearly 20 years after it was effectively expelled from the country, in what would be a victory for President Trump, who has sought to open the country's vast natural wealth to U.S. businesses, The New York Times reported Thursday. The deal, which could be finalized and announced as soon as this month, would involve Exxon ( XOM ) signing contracts to produce oil in as many as six fields in several regions in Venezuela, according to the report . Venezuela's government under Hugo Chavez nationalized oil projects owned by Exxon ( XOM ) and other foreign oil companies in 2007, but breaking with most of its peers, Exxon ( XOM ) refused to negotiate, left the country, and began a protracted legal battle in international courts; Venezuela’s government still owes Exxon ~$1B in damages awarded in those cases. Exxon's ( XOM ) dominant economic role in neighboring Guyana was often criticized by Nicolas Maduro, Chavez's successor, who accused the company of sponsoring a hostile government. During a high-profile meeting of oil executives on January 9, six days after Maduro was removed, Exxon ( XOM ) CEO Darren Woods told President Trump that Venezuela was " uninvestable ... We've had our assets seized there twice, and so you can imagine to re-enter a third time would require some pretty significant changes." More on Exxon Mobil Exxon Mobil: Overvalued Despite Impressive Assets Exxon Mobil Sees The Silver Lining In The Global Oil Disruption Exxon Mobil: A Rising Oil Bet
Omega Healthcare ( OHI ) announced on Thursday that President Matthew Gourmand had been named CEO, effective October 1, 2026, succeeding retiring CEO Taylor Pickett. The company also announced the appointment of CAO Neal Ballew as CFO, effective August 1, 2026, following the planned retirement of Bob Stephenson from the role. Gourmand brings eight years of experience at Omega, serving in various l...
Omega Healthcare ( OHI ) announced on Thursday that President Matthew Gourmand had been named CEO, effective October 1, 2026, succeeding retiring CEO Taylor Pickett. The company also announced the appointment of CAO Neal Ballew as CFO, effective August 1, 2026, following the planned retirement of Bob Stephenson from the role. Gourmand brings eight years of experience at Omega, serving in various leadership roles and bringing in-depth investing experience to the position. Pickett’s retirement would conclude a 25-year tenure as CEO, during which the company delivered over 10,000% shareholder returns and expanded its market value to more than $15B from about $60M. Shares -1.49%. More on Omega Healthcare Investors Omega Healthcare Investors, Inc. (OHI) Q1 2026 Earnings Call Transcript Omega Healthcare Investors: A High-Yield Play On The Silver Tsunami With RIDEA Upside Omega projects $3.19-$3.25 2026 adjusted AFFO per share amid $480M CommuniCare asset sale and RIDEA expansion Omega Healthcare stock down despite beat-and-raise Q1 as tenant health concerns linger Seeking Alpha’s Quant Rating on Omega Healthcare Investors
US equity indexes were off session highs as President Donald Trump appeared open to giving Iran time Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
US equity indexes were off session highs as President Donald Trump appeared open to giving Iran time Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
Cohen & Steers ( CNS ) announced on Thursday that Amit Muni will join the company as EVP and CFO from June 8, 2026. He will oversee finance operations, financial strategy, and investor relations. Amit Muni will replace Michael Donohue, who has been serving as interim CFO since October 2025. Donohue will continue as interim CFO until June 8 and later return to his role as controller. Source: Press ...
Cohen & Steers ( CNS ) announced on Thursday that Amit Muni will join the company as EVP and CFO from June 8, 2026. He will oversee finance operations, financial strategy, and investor relations. Amit Muni will replace Michael Donohue, who has been serving as interim CFO since October 2025. Donohue will continue as interim CFO until June 8 and later return to his role as controller. Source: Press Release More on Cohen & Steers Cohen & Steers: Q1 Resilience Holds Fort For Q2 Recovery Cohen & Steers: A Beneficiary Of Challenges In Private Markets Cohen & Steers, Inc. 2026 Q1 - Results - Earnings Call Presentation Cohen & Steers, J.P. Morgan team up on global wealth product distribution Cohen & Steers expects 40% compensation ratio and mid-single-digit G&A growth for 2026 amid ETF expansion