London Buses Must Now Be Equipped With Stab-Kits Authored by Steve Watson via Modernity.news, Calls for “bleed kits” to be rolled out across London’s bus network have gained traction, with the London Assembly unanimously backing a motion to install them in major bus stations and trial them on high-risk routes. These kits, designed to stem severe bleeding from deep wounds, are pitched as a lifesave...
London Buses Must Now Be Equipped With Stab-Kits Authored by Steve Watson via Modernity.news, Calls for “bleed kits” to be rolled out across London’s bus network have gained traction, with the London Assembly unanimously backing a motion to install them in major bus stations and trial them on high-risk routes. These kits, designed to stem severe bleeding from deep wounds, are pitched as a lifesaver in emergencies—yet their sudden necessity speaks volumes about the city’s descent into chaos under unchecked policies. The push comes from the London Youth Assembly, highlighting how young people feel increasingly unsafe on public transport. BBC says “deep wound” stab kits are now recommended on London buses for some strange, unstated reason https://t.co/9y3cgbLSj4 — Not the Bee (@Not_the_Bee) March 11, 2026 As Hugo Maxwell, chair of the London Youth Assembly, put it: “These kits are already in lots of Underground stations but buses are the mode of transport most used by young people and therefore it’s essential that we start the rollout there.” Labour’s transport spokesperson Elly Baker added: “I’ve heard too often from young people that they don’t always feel as safe as they should do travelling… Passing this motion will show that we are listening to young people and backing the investigation of a potentially valuable method of saving lives.” BBC reports frame this as a proactive safety measure, but online reactions cut through the evasion. One X user quipped: “The English will be wearing mail armor again. Return to feudal times.” Another noted: “Their police are too busy arresting people for memes.” A commenter added: “Self Defense should be available to everyone.” And one simply stated: “Ready for my commute to work in London,” alongside an image of protective gear. This rollout underscores a low-trust society where stabbings are dismissed as background noise, a grim reality fueled by open borders and soft-on-crime approaches. Instead of tackling the root of this horr...
Commercial vessel traffic through the Strait of Hormuz continues at very low levels, with just a handful of oil and liquefied petroleum gas tankers transiting in the last 24 hours amid heightened regional tensions . A Suezmax carrying Saudi crude crossed the strait earlier this week in “dark mode” — disabling its tracking system — and resurfaced off Mumbai on Saturday, according to vessel-tracking...
Commercial vessel traffic through the Strait of Hormuz continues at very low levels, with just a handful of oil and liquefied petroleum gas tankers transiting in the last 24 hours amid heightened regional tensions . A Suezmax carrying Saudi crude crossed the strait earlier this week in “dark mode” — disabling its tracking system — and resurfaced off Mumbai on Saturday, according to vessel-tracking data compiled by Bloomberg. That’s the second instance of a non-Iranian crude-laden tanker exiting the waterway since it became virtually impassable. An LPG carrier was also seen exiting the passage late Friday, and another LPG tanker bound for India appears to be underway. Both loaded at Qatar’s Ras Laffan terminal in late February. A few more Iran- and China-linked commercial vessels also crossed the strait in the past day. Electronic interference in the area degrades the accuracy of regional vessel-tracking systems. At the same time, with most ships deactivating their transponders in high-risk waters, reported data can appear with a time lag, meaning transit totals may later be revised upward. The trickle of visible departures over the past day includes the LPG tanker headed for India, an Iran-linked oil-products tanker and a bulk carrier linked to China. One additional India-bound LPG carrier is yet to appear outside the passage. A medium-range refined-products tanker entered the Persian Gulf during the past 24 hours. NOTE: Because vessels can move without transmitting their location until they’re well away from Hormuz, automated positioning signals were compiled over a large area covering the Gulf of Oman, the Arabian Sea and the Red Sea to detect those that may have departed or entered the Persian Gulf. When potential transits are identified, signal histories are examined to determine whether the movement appears genuine or is the result of spoofing — where electronic interference can falsify the apparent position of a ship. Some transits may not have been detected i...
Dalin Ou/iStock via Getty Images The uncertainty in the market has become extreme. Each week comes with new surprises, which almost all together support a leg-down movement rather than progression towards the consensus growth target of ~12% that we have for the S&P 500 ( SPY ) for 2026. It is even difficult to remember the various surprises that we have encountered so far this year. Probably the t...
Dalin Ou/iStock via Getty Images The uncertainty in the market has become extreme. Each week comes with new surprises, which almost all together support a leg-down movement rather than progression towards the consensus growth target of ~12% that we have for the S&P 500 ( SPY ) for 2026. It is even difficult to remember the various surprises that we have encountered so far this year. Probably the two most important ones are the private credit saga and the oil shock. The thing is that both of these elements might trigger systematic shocks or consequences. For example, the elevated BDC redemptions have not only sent the major alternative asset manager stocks lower, but also caused some pain among our big banks like JPMorgan Chase ( JPM ) and Wells Fargo ( WFC ), which are indirectly exposed to the private credit vehicles. It is clear that the withdrawal of liquidity from the private credit complex will inevitably translate to more deals being left unfinanced (including not refinanced), which is directly supportive of increasing credit distress. Similarly, the elevated oil prices have a plethora of knock-off effects. It all starts with higher inflation expectations that have now pushed the next base rate cuts further out in the future. This does not come in handy to borrowers, who are already walking on thin ice and would definitely benefit from cheaper debt service. Higher inflation decreases disposable income, which translates to subdued consumption levels in the economy. Namely, it is not that positive for the businesses that rely on consumer spending. Obviously, there are thousands of businesses that are negatively affected by higher oil prices. Airlines, hotels, food and beverages, restaurants, farmers, etc. It would probably only be logical to assume that in the near future (especially if the conflict with Iran continues), we could see some labor contraction in these vital areas of the economy. And I have not even mentioned the supply chain issues like the shortag...
tifonimages/iStock via Getty Images I mark a Hold rating (do not buy now + partial profit-booking for conservative profiles) for Southern Copper ( SCCO ) stock. To answer why? I want to be direct: Southern Copper is an asset as an overvalued equity. With my thesis to Hold SCCO stock, I am not negative on Southern Copper’s long-term fundamentals, as there is a highly efficient $0.58/lb net cash cos...
tifonimages/iStock via Getty Images I mark a Hold rating (do not buy now + partial profit-booking for conservative profiles) for Southern Copper ( SCCO ) stock. To answer why? I want to be direct: Southern Copper is an asset as an overvalued equity. With my thesis to Hold SCCO stock, I am not negative on Southern Copper’s long-term fundamentals, as there is a highly efficient $0.58/lb net cash cost and world-leading 51.1 MMT reserves. My point for the Hold rating is Wall Street's complete detachment from the math in pricing SCCO stock. Rationale: Bulls cannot pay 14.3x forward EBITDA and 25.3x forward earnings for a mining company that is entering a two-year production trough (911k tons in 2026 and ~910k tons in 2027). Wall Street is pricing (100%+ price return in 1Y, 150%+ at high) in the smooth execution of mega-projects (Los Chancas, Michiquillay) that are openly impacted by illegal miners and multi-year delays. By exiting, bulls can lock in super-cycle premiums (high price returns) before the logically possible multiple compression. Ycharts Major risks to my thesis (why my Hold rating can be wrong) include a supply side Black Swan (if catastrophic strikes hit Chile's Escondida/Panama shuts down another major mine, copper can instantly squeeze upwards). Southern Copper’s high operating leverage can cause EPS to explode, which can override the valuation concerns), Silver/Zinc Hyper-Bull Market (if silver pushes to $55+/oz, Southern Copper's byproduct credits can push its net copper cash cost into the negative zone that can lead to high FCF), and Tia Maria Early Delivery (if Tia Maria initiates production earlier than H2-2027, Wall Street may aggressively bid up the stock in anticipation of the 120k ton supply injection ). What Can Take Southern Copper Stock Price Higher? In my opinion, a major catalyst within Southern Copper’s operations is the optionality in its Buenavista complex in Mexico. Southern Copper operates three concentrators at this site. Still, the li...
Investors sold shares of Blackstone this week as worries over the private credit space, along with high oil prices and the Iran war, shook the market. The fear that surging oil prices could lead to an environment of higher inflation combined with slower economic growth weighed on sentiment this week and dragged all three major indexes to losses. The Dow Jones Industrial Average lost about 2% on th...
Investors sold shares of Blackstone this week as worries over the private credit space, along with high oil prices and the Iran war, shook the market. The fear that surging oil prices could lead to an environment of higher inflation combined with slower economic growth weighed on sentiment this week and dragged all three major indexes to losses. The Dow Jones Industrial Average lost about 2% on the week, while the S & P 500 and the Nasdaq Composite each fell more than 1%. Investors seemed to offload some stocks more than others amid this week's pullback. CNBC Pro used its stock screener tool to find such names based on their 14-day relative strength index, or RSI. Stocks with a 14-day RSI below 30 are considered oversold and could be due for a potential trading rebound. On the other hand, a reading above 70 suggests that a stock is overbought, meaning that a slide may be on the horizon. Here were this week's most oversold names: Blackstone dropped 3.3% on the week, ending up with an RSI reading of 23. Shares of Blackstone and other alternative asset managers have been selling off this month as investors seek redemptions from less-liquid private credit investments. Earlier this week, Bank of America reiterated its buy rating on Blackstone. "We expect a robust fundraising quarter from BX ($66B) after a very strong 4Q25 ($71B). Fundraising will be driven by credit and private equity," wrote analyst Craig Siegenthaler. "BX's pipeline of future IPOs is long including Copeland, Mobile.de, Ancestry.com, Liftoff Mobile, and Jersey Mike's, and while timing is likely delayed these should be accelerants of future monetization activity." The analyst's new price objective of $157, down from $158, implies that shares could surge 47% from their Friday close. BX 5D mountain BX 5D chart Lennar also had an RSI of 23 and closed the week down more than 6%. This week, the homebuilder reported first-quarter earnings that came in at 93 cents per share, missing the FactSet consensus of 95 ...
A Greek shipowner sent a second oil tanker through the Strait of Hormuz, bucking caution among the shipping industry as Iran lashes out across the region in response to attacks by Israel and the US. The Smyrni, run by Athens-based Dynacom Tankers Management Ltd., signaled its location off Mumbai on Saturday morning, digital vessel-tracking data compiled by Bloomberg show. The vessel’s previous sig...
A Greek shipowner sent a second oil tanker through the Strait of Hormuz, bucking caution among the shipping industry as Iran lashes out across the region in response to attacks by Israel and the US. The Smyrni, run by Athens-based Dynacom Tankers Management Ltd., signaled its location off Mumbai on Saturday morning, digital vessel-tracking data compiled by Bloomberg show. The vessel’s previous signal was inside the Persian Gulf on Tuesday, meaning it likely turned off its transponder during transit. Traders are watching Hormuz activity closely because the world’s most-important oil-shipping channel has been effectively shut to most traffic since just after the war began on Feb. 28. That’s choked off Middle East oil exports, causing storage tanks to fill and forcing producers to curtail output. A person who answered the phone at Dynacom said nobody was available to comment. The firm also sent an oil tanker — the Shenlong — through the narrow waterway earlier this month. Read More: Greek Oil Tanker Exits Strait of Hormuz With Its Signal Off Iran has struck multiple ships, including some that were going through Hormuz, as well as energy infrastructure in neighboring countries since the war started. Apart from the Smyrni and just a handful of other tankers, traffic via the strait remains largely halted.
Blue Owl Capital Corporation II (OBDC II), an affiliate of Blue Owl Capital ( OWL ), has recommended that its shareholders reject a share purchase offer from activist investor Boaz Weinstein’s Saba Capital and Cox Capital Partners. The unsolicited minority tender offer to buy up to 8M shares of OBDC II for roughly $30M indicates a nearly 33% discount to the fund’s net asset value, the company said...
Blue Owl Capital Corporation II (OBDC II), an affiliate of Blue Owl Capital ( OWL ), has recommended that its shareholders reject a share purchase offer from activist investor Boaz Weinstein’s Saba Capital and Cox Capital Partners. The unsolicited minority tender offer to buy up to 8M shares of OBDC II for roughly $30M indicates a nearly 33% discount to the fund’s net asset value, the company said, adding that its board believes the offer price stands “well below the potential long-term value of OBDC II shares.” “Cox and Saba's offer price is inadequate, arbitrary, and substantially undervalues OBDC II's assets and ongoing access to liquidity," OBDC II said in a statement late Friday. "We believe this is an attempt to capture value at the expense of OBDC II shareholders,” the company noted. “The Board strongly recommends that shareholders REJECT Cox and Saba's unsolicited, minority tender offer and DO NOT tender their shares." To decline the offer, OBDC II urges shareholders to ignore any offer documents they may have received. The board’s response came after Saba Capital and Cox Capital Partners agreed to purchase roughly 7% of OBDC II's outstanding shares at $3.80 apiece last week in an all-cash transaction worth nearly $30.4M. More on Blue Owl Capital How Much Further The Blue Owl Capital Knife Could Fall Blue Owl: Historical Growth No Longer Matters; The Value Trap Remains Blue Owl: Private Credit Concerns Make Me Wary Private credit anxiety weighs on private equity, asset manager stocks Quant ratings roundup for firms exposed to private credit as concerns grow
Bloomberg | Bloomberg | Getty Images With New York City facing a budget gap estimated at around $7 billion , new Mayor Zohran Mamdani would prefer to tax the rich. But lately, Mamdani and his administration have conceded that other ways to raise revenue for the city need to be considered, from higher property taxes on homeowners to a long-talked-about idea that would upend a feature of life in the...
Bloomberg | Bloomberg | Getty Images With New York City facing a budget gap estimated at around $7 billion , new Mayor Zohran Mamdani would prefer to tax the rich. But lately, Mamdani and his administration have conceded that other ways to raise revenue for the city need to be considered, from higher property taxes on homeowners to a long-talked-about idea that would upend a feature of life in the Big Apple many residents have long considered a right: ample free parking. New York has about 3 million curbside parking spaces, and roughly 97% of them are free. Eliminating this perk has been floated, unsuccessfully, many times. However, given an overall annual municipal budget over $100 billion and Mamdani's need to close the budget gap, there may be more momentum. It would follow in the footsteps of many other U.S. and European cities where using more public parking space as a way to raise revenue is already common. The topic has assumed a higher profile within public policy discussions across the U.S. at a time of widespread municipal financial strain. For New York, the idea of charging for parking gained renewed public interest this month following remarks by Dean Fuleihan, first deputy mayor of New York City, at a Center for New York City and State Law event. The topic came up in response to an audience member's question about raising additional revenue by changing the city's approach to street parking. "Yes — we should be looking at all those things," Fuleihan told audience members. He emphasized, however, that parking fees wouldn't fix the totality of the budget problem. In a statement the following day, Mamdani echoed this sentiment. "Our administration is committed to filling the budget gap by ending the drain on New York City and taxing the rich," he said, adding that "we need structural change at the scale necessary to put our city back on firm financial footing." watch now VIDEO 5:38 05:38 NYC Mayor Zohran Mamdani: The city must increase taxes on the wealthie...
In this article Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 7:17 07:17 Oil markets brace for fallout as Iran conflict echoes Iraq war turmoil Markets and Politics Digital Original Video The oil market sent a clear signal this week that a massive release of stockpiled crude by the U.S. and its allies is nowhere near enough to address the unprecedented supply disruption triggered...
In this article Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 7:17 07:17 Oil markets brace for fallout as Iran conflict echoes Iraq war turmoil Markets and Politics Digital Original Video The oil market sent a clear signal this week that a massive release of stockpiled crude by the U.S. and its allies is nowhere near enough to address the unprecedented supply disruption triggered by the Iran war. More than 30 nations in Europe, North America and Northeast Asia agreed to flood the market with 400 million barrels of oil in an effort to keep a lid on rising energy prices. The U.S. is leading the effort with a release of 172 million barrels from its Strategic Petroleum Reserve or 43% of the IEA total. It is the largest release of stockpiled oil in the 50-year history of the International Energy Agency, an organization tasked with maintaining the energy security of its members during global crises. But the oil bazooka is not inspiring confidence in the market. Crude prices have surged more than 17% since the IEA announced the emergency stockpile release on Wednesday. Brent oil prices, the international benchmark, closed above $100 on Friday for the second session in a row. Stock Chart Icon Stock chart icon Brent crude oil futures in the past five days The explanation is simple, said Tamas Varga, analyst at the London-based oil broker PVM. Tankers are under attack in the Persian Gulf, the critical Strait of Hormuz remains basically closed, and Iran's new supreme leader has vowed to keep the trade chokepoint shut. "Until transit is reactivated, those kinds of policy announcements are going to have limited impact," said Tom Liles, senior vice president of upstream research at consulting firm Rystad Energy. Saudi Arabia, Iraq, Kuwait and the United Arab Emirates exported around 14 million barrels per day (bpd) before the war, Liles said. Around 5 million bpd to 6 million bpd can be exported through Saudi and UAE pipelines that terminate at the Red Sea and G...
Buying top companies that are capitalizing on fast-growing trends and holding them could create wealth for investors in the long run. That's why if you have $500 to spare right now -- after paying bills, saving for tough times, and clearing high-interest loans -- and are looking to put that money to work in the stock market, it would be a good idea to invest in shares of Ciena (CIEN +0.25%) and De...
Buying top companies that are capitalizing on fast-growing trends and holding them could create wealth for investors in the long run. That's why if you have $500 to spare right now -- after paying bills, saving for tough times, and clearing high-interest loans -- and are looking to put that money to work in the stock market, it would be a good idea to invest in shares of Ciena (CIEN +0.25%) and Dell Technologies (DELL +1.21%), either individually or combined. Let's see why these two fast-growing companies could be the best way to invest $500 in the stock market. Ciena's stunning earnings growth will be a tailwind for the stock Ciena stock has shot up a remarkable 435% in the past year. The company's phenomenal surge is driven by the robust demand for its optical networking components, which are used in artificial intelligence (AI) data centers to enable fast connectivity over long distances. As a result, Ciena is receiving more orders than it is fulfilling. Expand NYSE : CIEN Ciena Today's Change ( 0.25 %) $ 0.83 Current Price $ 337.66 Key Data Points Market Cap $48B Day's Range $ 334.78 - $ 353.08 52wk Range $ 49.21 - $ 365.90 Volume 55K Avg Vol 3.2M Gross Margin 39.48 % The company reported a 33% year-over-year revenue increase in the first quarter of fiscal 2026 (which ended on Jan. 31, 2026). Its adjusted earnings shot up by 111% to $1.35 per share, driven by a favorable product mix and cost-cutting efforts. The good news for investors is that Ciena is confident it can sustain its terrific growth in fiscal 2026. It has raised its full-year gross margin guidance by one percentage point. It now expects a stronger jump of 28% in revenue this year to $6.1 billion at the midpoint of its guidance range, up from the earlier expectation of $5.9 billion. Ciena could easily coast past its updated guidance, as its order backlog stood at $7 billion at the end of the previous quarter. The backlog increased by $2 billion in fiscal Q1. Ciena, therefore, has the potential to ac...
Key Points Amazon's AI-powered cost-cutting could dramatically boost profitability in its warehouses. Micron Technology is one of the cheapest ways to bet on generative artificial intelligence. 10 stocks we like better than Amazon › Inflation has been a beast over the last few years, and $500 no longer carries the same weight as it did at the start of the decade. Unfortunately, prices continue to ...
Key Points Amazon's AI-powered cost-cutting could dramatically boost profitability in its warehouses. Micron Technology is one of the cheapest ways to bet on generative artificial intelligence. 10 stocks we like better than Amazon › Inflation has been a beast over the last few years, and $500 no longer carries the same weight as it did at the start of the decade. Unfortunately, prices continue to rise and people should consider investing some of their savings in the stock market to maintain long-term purchasing power. Below, I'll explore some reasons why Amazon (NASDAQ: AMZN) and Micron Technology (NASDAQ: MU) could be good buys. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Amazon Amazon shares are trading at a current price of $234, so you can buy around two shares of the company's stock -- unless you have access to fractional stock trading. However, quality usually matters more than quantity in the stock market. Amazon continues to dominate the e-commerce and cloud computing industries. In addition, its technology-led cost-cutting strategy promises to boost profitability. Some investors may look at Amazon's $2.5 trillion market cap and assume it's done growing -- but that isn't true. The company still has a huge opportunity to expand its international e-commerce operations. With $40.9 billion in third-quarter sales, the global business is less than half the size of its North American operation. More importantly, management can use new technologies, like robotics, to boost operational efficiency and drive profit growth, even when overall sales begin to plateau. This year, the company deployed its 1 millionth worker robot, designed to assist warehouse employees with packing and sorting products. While robots often have high upfront costs, over time, they can pay for themselves through increased productivity. Amazon is also using generative art...
The attacks on Iran have driven oil prices higher and reminded investors that oil stocks are part of a diversified portfolio. The good news is the sector has definitely fallen out of favor in recent years, and despite the recent rise in oil stocks like Devon Energy (DVN +0.71%) and Diamondback Energy (FANG +3.24%), they remain excellent value stocks that investors can buy to gain exposure to North...
The attacks on Iran have driven oil prices higher and reminded investors that oil stocks are part of a diversified portfolio. The good news is the sector has definitely fallen out of favor in recent years, and despite the recent rise in oil stocks like Devon Energy (DVN +0.71%) and Diamondback Energy (FANG +3.24%), they remain excellent value stocks that investors can buy to gain exposure to North American oil production. Here's why. Good value stocks, whether oil is $80 or $50 Having started the year around $57 a barrel, oil prices have spiked to closer to $88 at the time of this writing. That said, it's incredibly difficult to predict the outcome of the Iran conflict, the implications for oil production and transportation, and, ultimately, where oil prices are headed next. But protecting against the possibility of an extended period of high prices makes sense, and it makes even more sense if the stocks are attractive even if oil prices drop back to a $50 handle. The key point is that both companies have adjusted their strategies in light of the downtrend in oil prices that began in fall 2023 and are structured to do well at $50 oil, so anything above that can be seen as a bonus. Both oil companies are focused on producing at relatively low cost in the U.S., so investors are assured they are not investing in oil-producing regions directly exposed to the Middle East conflict. That said, the issue with domestic producers often comes down to ensuring the corporate break-even price (the oil price required to generate cash flow to fund oil production) is low. Expand NASDAQ : FANG Diamondback Energy Today's Change ( 3.24 %) $ 5.74 Current Price $ 182.75 Key Data Points Market Cap $51B Day's Range $ 174.90 - $ 183.41 52wk Range $ 114.00 - $ 186.66 Volume 179K Avg Vol 2.6M Gross Margin 35.16 % Dividend Yield 2.22 % 1. Diamondback Energy For Diamondback, that means focusing on the Permian Basin, being disciplined with capital allocation, and generating operational improveme...
Greenhouse gas emissions in Germany have again missed targets set by the Climate Protection Act and barely fell at all in 2025. Emissions decreased by just 0.1% last year compared to the previous year, according to data from the German Environment Agency. The country’s emissions in 2025 were equivalent to 649 million tonnes of CO2, worse than those forecast by the expert group Agora Energiewende, ...
Greenhouse gas emissions in Germany have again missed targets set by the Climate Protection Act and barely fell at all in 2025. Emissions decreased by just 0.1% last year compared to the previous year, according to data from the German Environment Agency. The country’s emissions in 2025 were equivalent to 649 million tonnes of CO2, worse than those forecast by the expert group Agora Energiewende, which anticipated a 1.5% drop year-on-year. In 2024, a more significant drop of 3.4% was recorded. Germany’s environment minister Carsten Schneider criticised the lack of improvement at a conference in Berlin on Saturday. The Social Democrat said that despite an increasing acceptance of electric cars and heat pumps, overall progress was “too slow” and urged citizens to accelerate their adoption of renewable power sources for both environmental and security reasons. “What benefits the climate also increases our security and economic strength,” he said. “Every additional kilowatt-hour of renewable energy makes our country less dependent on oil and gas and our energy supply more secure.” View image in fullscreen Carsten Schneider: ‘What benefits the climate also increases our security and economic strength.’ Photograph: Ina Fassbender/AFP/Getty Images Despite this, both Schneider and the German Environment Agency remained optimistic that the country could achieve the 2030 climate target of reducing greenhouse gas emissions by 65%, compared with 1990. Schneider welcomed the “growing enthusiasm for climate protection technologies” such as electric cars and heat pumps. “And there are more newly approved wind power projects than ever before. This gives hope that progress will once again pick up speed in the years to come,” he said. Emissions will have to decrease by an average of 42 million tonnes of CO2 equivalent per year from 2026 onward, more than 40 times the reduction recorded last year, to meet the 2030 reductions target. In 2025, Germany’s greenhouse gas emissions were 48%...
Guido Mieth/DigitalVision via Getty Images Introduction The last time I covered Global Net Lease ( GNL ), I highlighted their discounted valuation, attractive yield, and significant portfolio adjustments seen in recent years, standing to benefit from these moves combined with a potential macro recovery. Following a pivotal couple of years with significant fundamental improvements, GNL expects 2026...
Guido Mieth/DigitalVision via Getty Images Introduction The last time I covered Global Net Lease ( GNL ), I highlighted their discounted valuation, attractive yield, and significant portfolio adjustments seen in recent years, standing to benefit from these moves combined with a potential macro recovery. Following a pivotal couple of years with significant fundamental improvements, GNL expects 2026 to be a transitional one, with a potential normalization and turnaround on the horizon, while the company is able to enjoy a future macro recovery with better financials. Internal Developments Global Net Lease IR Q4 was expectably weak, as GNL advanced on their significant disposition program (completing $3.4 billion in asset sales and pivoting into single-tenant), reducing their leverage significantly from 8.4x at the end of Q4'24 and continuing their buyback program with a portion of the net proceeds, recently announcing the McLaren property sale at a 7.4% cash cap rate back in December 2025. As for 2026, GNL expects an AFFO per share to fall further to between $0.80 and $0.84 in a transitional year, while the net debt to adjusted EBITDA ratio would remain elevated at around 6.5x to 6.9x, although that's still a significant improvement compared to previous years. Assuming no buybacks this year, we’re looking at an AFFO of about $179.63 million in 2026 based on the midpoint of their guidance, which is not terrible for a $2.02 billion market cap given their significant asset recycling and broader macro pressure. Global Net Lease IR As they say, this has been a pivotal year, with significant changes and a focus that should position the company for more reliable long-term growth, with the company’s CEO highlighting the following during their Q4 Earnings Call : The centerpiece of our transformation in 2025 was the successful execution of our $1.8 billion multi-tenant Retail portfolio sale, which accelerated our deleveraging strategy, materially strengthened our balance sheet ...
In this article BRK.B BRK.A Follow your favorite stocks CREATE FREE ACCOUNT (This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Berkshire Hathaway filed its definitive proxy statement with the SEC late this afternoon ahead of the company's annual shareholders mee...
In this article BRK.B BRK.A Follow your favorite stocks CREATE FREE ACCOUNT (This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Berkshire Hathaway filed its definitive proxy statement with the SEC late this afternoon ahead of the company's annual shareholders meeting on May 2 in Omaha. It shows Berkshire bought back the equivalent of 309 Class A shares, roughly $226 million worth, on March 4, the day it resumed repurchases for the first time since May 2024. That's based on the number of outstanding shares as of March 4, the record date of the annual meeting, as shown in the proxy statement. The company disclosed the resumption in a March 5 SEC filing "in the interest of transparency with our leadership transition" but provided no details. New CEO Greg Abel told CNBC last week there won't be any future buyback announcements, except for what's in its regular quarterly financial reports. Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC According to the proxy document, Warren Buffett's total annual compensation last year declined to $389,488 from $405,111 in 2024. That's a drop of close to 4%. It's entirely due to a reduction in the amount Berkshire paid for Buffett's personal and home security services. His salary each year was $100,000, as it has been for decades. New CEO Greg Abel's salary last year was $22 million, up from $21 million the year before. Last week, Abel told CNBC he used his entire after-tax salary to personally buy $15.3 million of Berkshire Class A shares . He plans to continue to buy Berkshire stock with his salary for each year "as long as I'm CEO." Abel's salary this year is $25 million. Berkshire's insurance chief Ajit Jain's 2025 salary was also $22 million, up from $21 million in 2024. Shareholders attend the Berkshire Hathaway Inc annual s...