(RTTNews) - Stocks have moved mostly higher during trading on Tuesday, extending the upward move seen over the course of the previous session. The major averages have all climbed into positive territory following an early pullback. Currently, the major averages are just off their highs of the session. The Dow is up 250.27 points or 0.5 percent at 47,991.07, the Nasdaq is up 138.56 points or 0.6 pe...
(RTTNews) - Stocks have moved mostly higher during trading on Tuesday, extending the upward move seen over the course of the previous session. The major averages have all climbed into positive territory following an early pullback. Currently, the major averages are just off their highs of the session. The Dow is up 250.27 points or 0.5 percent at 47,991.07, the Nasdaq is up 138.56 points or 0.6 percent at 22,834.51 and the S&P 500 is up 26.24 points or 0.4 percent at 6,822.23. The strength on Wall Street comes amid a sharp pullback by the price of crude oil, with crude for April delivery plummeting $10.49 or 11.1 percent to $84.28 a barrel. Crude oil prices have surged to nearly $120 a barrel on Monday amid concerns about the conflict in the Middle East before giving back ground as the day progressed. The volatility in the oil markets comes amid uncertainty about the U.S. war with Iran after President Donald Trump's latest remarks about the conflict. Trump said in a press conference on Monday that the war against Iran could end "very soon" but provided few details about his end game. The president claimed in a subsequent post on Truth Social that Iran would be hit "twenty times harder" if they do anything that stops the flow of oil within the Strait of Hormuz. "We will take out easily destroyable targets that will make it virtually impossible for Iran to ever be built back, as a Nation, again — Death, Fire, and Fury will reign upon them — But I hope, and pray, that it does not happen!" Trump said. Echoing Trump's confidence, Defense Secretary Pete Hegseth asserted in a press conference this morning that Iran is "badly losing" but said the U.S. will still be launching its "most intense day of strikes" in Iran today. Sector News Gold stocks have moved sharply higher along with the price of the precious metal, with the NYSE Arca Gold Bugs Index surging by 2.5 percent. Significant strength is also visible among networking stocks, as reflected by the 2.3 percent jump by ...
In this article VRTX Follow your favorite stocks CREATE FREE ACCOUNT A sign hangs in front of the world headquarters of Vertex Pharmaceuticals in Boston. Brian Snyder | Reuters Vertex Pharmaceuticals said its experimental drug for a rare kidney condition succeeded in a Phase 3 trial, a crucial step in the company's path to diversify beyond its main drugs for cystic fibrosis. The Boston-based drugm...
In this article VRTX Follow your favorite stocks CREATE FREE ACCOUNT A sign hangs in front of the world headquarters of Vertex Pharmaceuticals in Boston. Brian Snyder | Reuters Vertex Pharmaceuticals said its experimental drug for a rare kidney condition succeeded in a Phase 3 trial, a crucial step in the company's path to diversify beyond its main drugs for cystic fibrosis. The Boston-based drugmaker on Monday said its drug for immunoglobulin A nephropathy, povetacicept, decreased levels of a marker of the autoimmune condition by 52% in a late-stage trial. That passed the bar analysts had set for Vertex's drug to compete with a recently approved treatment from Japan-based Otsuka and another in the pipeline from U.S.-based biotech Vera Therapeutics . Shares of Vertex rose more than 9% on Tuesday. Vertex's successful trial is an important first step in unlocking a new franchise in kidney disease, said Cantor Fitzgerald analyst Carter Gould. Vertex is developing two drugs behind povetacicept, and Gould sees the three together generating more than $10 billion in revenue a year. That could rival Vertex's cystic fibrosis franchise, which brought in more than $11 billion in sales last year. "You don't really have to look too hard to connect the dots and say this is pretty meaningful white space they could be growing into," Gould said. Vertex transformed the treatment for cystic fibrosis with a portfolio of drugs for the inherited lung disorder, but the company has repeatedly faced questions about whether it could replicate that success in other conditions. The company in recent years expanded into blood disorders with the approval of its gene-editing treatment Casgevy and acute pain with its drug Journavx. Neither has so far been a runaway success, leaving Vertex to search for other opportunities to expand. In 2024, Vertex paid nearly $5 billion to acquire Alpine Immune Sciences and its lead program, povetacicept. The drug could treat a rare autoimmune condition known as ...
alexsl/iStock via Getty Images Reasons to invest in OBDC Blue Owl Capital Corporation ( OBDC ) is a business development company that focuses on direct lending to U.S. middle-market companies. OBDC primarily provides senior secured loans, which implies a robust portfolio of loans backed by collateral and having priority in case of default. This approach is a positive fundamental factor as it incre...
alexsl/iStock via Getty Images Reasons to invest in OBDC Blue Owl Capital Corporation ( OBDC ) is a business development company that focuses on direct lending to U.S. middle-market companies. OBDC primarily provides senior secured loans, which implies a robust portfolio of loans backed by collateral and having priority in case of default. This approach is a positive fundamental factor as it increases the probability of maximizing recovery on the debt portfolio. Furthermore, OBDC is an established player in the industry with a portfolio size of $16.5 billion spanning 234 portfolio companies. It is also very important to mention that concentration risks are low as OBDC offers investors a quite wide industry diversification across around 30 various industries. The largest holding industry-wise is "Internet software and services", and it represents a relatively modest 11% of the total. A wide diversification is another fundamental advantage as it significantly decreases concentration risks for investors. Seeking Alpha OBDC is very attractively valued if we compare its current share price to the company's net asset value (NAV). OBDC currently trades at $11.4, while its NAV as of the end of FY2025 amounted to $14.81 . It implies that OBDC is undervalued by more than 20%, and it approximately aligns with the consensus target price of almost $14 . Moreover, we can see in the above graph that even Wall Street's most conservative analyst has a target price of $12, which is higher than OBDC's current share price. Besides attractive valuation and wide diversification of its loan portfolio, a big positive factor is OBDC's current forward dividend yield of 13.2%. Such a high dividend yield makes OBDC a very attractive opportunity for income investors. Moreover, the stock is substantially undervalued if its current share price is compared to its NAV. Finally, in the current environment of growing fears around AI-exposed growth stocks, OBDC's 13%+ dividend yield might help attract...
Image source: The Motley Fool. Tuesday, Mar. 10, 2026 at 10 a.m. ET Call participants Chief Executive Officer — Austin Willis Chief Financial Officer — Scott B. Flaherty Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Revenue -- $193.6 million for the quarter, up 27%, and $730.2 million for the full year, up 28%. -- $193.6 million for the quarter, up 27%, and $730.2 mill...
Image source: The Motley Fool. Tuesday, Mar. 10, 2026 at 10 a.m. ET Call participants Chief Executive Officer — Austin Willis Chief Financial Officer — Scott B. Flaherty Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Revenue -- $193.6 million for the quarter, up 27%, and $730.2 million for the full year, up 28%. -- $193.6 million for the quarter, up 27%, and $730.2 million for the full year, up 28%. Adjusted EBITDA -- $459.1 million, an increase of 16.6% from the prior year, newly reported to reflect "the immense cash-generating capability of our enterprise." -- $459.1 million, an increase of 16.6% from the prior year, newly reported to reflect "the immense cash-generating capability of our enterprise." Earnings before tax (EBT) -- $160.6 million, a record figure directly attributed to strong demand for leasing and services. -- $160.6 million, a record figure directly attributed to strong demand for leasing and services. Lease portfolio utilization -- 85% average utilization, up from 83%, with a lease rental factor in excess of 1% per month. -- 85% average utilization, up from 83%, with a lease rental factor in excess of 1% per month. Dividend policy -- Introduced a recurring dividend of $0.40 per share, with recent quarterly dividends paid at the higher rate for six consecutive quarters. -- Introduced a recurring dividend of $0.40 per share, with recent quarterly dividends paid at the higher rate for six consecutive quarters. Leasing portfolio -- Total portfolio reached $3 billion in assets at year-end. -- Total portfolio reached $3 billion in assets at year-end. Maintenance reserve revenues -- $232 million, up 8.4%, with $44.5 million from long-term lease returns and $187.5 million from short-term reserves. -- $232 million, up 8.4%, with $44.5 million from long-term lease returns and $187.5 million from short-term reserves. Spare parts and equipment sales -- $95.5 million to third parties, up markedly from $27.1 million, driven by a $57...
In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and directors of a company tend to have a unique insider's view of the business, and presumably the only reason an insider would choose to take their hard-earned cash and use it to buy st...
In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and directors of a company tend to have a unique insider's view of the business, and presumably the only reason an insider would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So when stocks turn up that see insider buying, and are also top ranked, investors are wise to take notice. One such company is Old Republic International Corp. (Symbol: ORI), which saw buying by Director John Eric Smith. Back on March 2, Smith invested $48,916.59 into 1,135 shares of ORI, for a cost per share of $43.10. In trading on Tuesday, bargain hunters could buy shares of Old Republic International Corp. (Symbol: ORI) and achieve a cost basis 6.4% cheaper than Smith, with shares changing hands as low as $40.32 per share. It should be noted that Smith has collected $0.32/share in dividends since the time of their purchase, so they are currently down 5.7% on their purchase from a total return basis. Old Republic International Corp. shares are currently trading -1.37% on the day. The chart below shows the one year performance of ORI shares, versus its 200 day moving average: Looking at the chart above, ORI's low point in its 52 week range is $34.43 per share, with $46.76 as the 52 week high point — that compares with a last trade of $40.57. By comparison, below is a table showing the prices at which insider buying was recorded over the last six months: Purchased Insider Title Shares Price/Share Value 11/03/2025 Therace Risch Director 1,000 $39.14 $39,135.81 03/02/2026 John Eric Smith Director 1,135 $43.10 $48,916.59 The DividendRank report noted that among the coverage universe, ORI shares displaye...
First and foremost, it is a huge sporting event, billed by its fans as the Olympics of jump racing – but it can also act as a social barometer, giving clues as to the state and mood of the nation. This year’s Cheltenham festival, which began on Tuesday, feels a little like a step back in time with the return of “Ladies Day” after a five-year hiatus and a reduction in the price of a pint. In 2024, ...
First and foremost, it is a huge sporting event, billed by its fans as the Olympics of jump racing – but it can also act as a social barometer, giving clues as to the state and mood of the nation. This year’s Cheltenham festival, which began on Tuesday, feels a little like a step back in time with the return of “Ladies Day” after a five-year hiatus and a reduction in the price of a pint. In 2024, a decision by the Jockey Club, which owns the racecourse, to launch a unisex “Style Wednesday” on what used to be Ladies Day was labelled “woke” by some rightwing commentators. The Jockey Club persisted with the free-for-all last year but this time Ladies Day is back and billed as a celebration of “glamour and glory”. View image in fullscreen Cheltenham is billed by its fans as the Olympics of jump racing. Photograph: Tom Jenkins/The Guardian There will be prizes for the best-dressed individual, duo and group, and the former jump jockey champion Rachael Blackmore has been appointed “head of Ladies Day”. The Jockey Club denied it had felt under pressure to revive the event because of the “woke” jibes but said it simply wanted to attract more women and girls to racing. Guy Lavender, the chief executive of Cheltenham racecourse, said: “Our core objective is to get more women and girls coming racing, which we think we can achieve. There is a huge audience of female sports fans that we think will love coming racing.” View image in fullscreen Sophie Hall and Jordan Wylie. Racing should be for everyone, said Hall. Photograph: Tom Jenkins/The Guardian Only about a quarter of racegoers in recent years have been women and early signs were that the split may be slightly more even this time. Jade Holland Cooper, the founder of fashion brand Holland Cooper, said the return of Ladies Day felt “incredibly special”. She said: “It’s the moment in the week when everyone truly embraces the occasion and dresses up. “Cheltenham style is often compared to Ascot or Aintree, but it’s actually quit...
Andi Oliver rose to fame fronting the band Rip Rig + Panic with Neneh Cherry in 1981 and working in TV in the 90s. She was a judge on Great British Menu for four series, and is now in her sixth season as host. She also regularly appears on BBC Radio 4’s The Kitchen Cabinet and the Food Programme. The Guardian’s journalism is independent. We will earn a commission if you buy something through an af...
Andi Oliver rose to fame fronting the band Rip Rig + Panic with Neneh Cherry in 1981 and working in TV in the 90s. She was a judge on Great British Menu for four series, and is now in her sixth season as host. She also regularly appears on BBC Radio 4’s The Kitchen Cabinet and the Food Programme. The Guardian’s journalism is independent. We will earn a commission if you buy something through an affiliate link. Learn more. Andi acts, has run several restaurants and presented documentaries, including two with her daughter Miquita. She published a cookbook, The Pepperpot Diaries, in 2023. What’s the last treat that you bought for yourself? I went to Sri Lanka in January. That was a treat. Every year, I work really, really hard, but I go on a proper holiday in January. It’s fuel for the year ahead. I power all my batteries down completely, just relax, lie down, read a ton of books. Then when I get back, I’m ready to rock’n’roll again. Where do you buy your food from? I live in Wanstead, east London, and we’ve got a proper high street, almost like a little village. There’s a butcher, a really great fishmonger and a wonderful greengrocer. I love it so much. And I also have a food delivery from Ocado, because they’ve got everything. View image in fullscreen Wanstead High Street has a trove of food shops, including Harveys green grocers. Photograph: PAL Stock/Alamy What’s the best present you’ve given? I think the holiday I buy for my family every year is a really great present. I do a couple of jobs that I wouldn’t necessarily normally do, so that we can go and have a fancy holiday and an absolutely lovely time. I think actually the best present you can give each other is time. And I know that some people would be like, “No, absolutely not, shoes!” I just think those things are sort of dispensable. I also bought my friend Nick and his husband a weekend at Paul Ainsworth’s amazing restaurant, No6 in Cornwall, Padstow, and a tasting menu. I never used to have any money at al...
A March filing shows that Representative Gilbert Ray Cisneros reported a purchase in Taiwan Semiconductor (NYSE:TSM), valued between $279,040 and $1,110,000. The transaction date is listed as February 9, 2026, with the report published on March 9, 2026. At present, Taiwan Semiconductor shares are trading up 0.32% at $349.83. Want to keep up with Gilbert Ray Cisneros and other congressional members...
A March filing shows that Representative Gilbert Ray Cisneros reported a purchase in Taiwan Semiconductor (NYSE:TSM), valued between $279,040 and $1,110,000. The transaction date is listed as February 9, 2026, with the report published on March 9, 2026. At present, Taiwan Semiconductor shares are trading up 0.32% at $349.83. Want to keep up with Gilbert Ray Cisneros and other congressional members' stock activities? Check out our government trades tool for real-time updates! The Importance of Congressional Transactions A congressional transaction is when any representative or senator either buys or sells an individual stock. Anyone working in Congress must file a Periodic Transaction Report to inform the public of their recent transaction within 30 days of being notified of the transaction and within 45 days of the transaction date. In April 2012, Former President Barack Obama signed the STOCK Act into law. The act prohibits members of Congress from using private information given to them by their position for personal gain such as buying or selling a stock. The act also expanded disclosure requirements for members of Congress by requiring them to file a monthly disclosure. Why Congressional Transactions Matter Congressional transactions shouldn't be the primary reason for an investing decision, but they can be an important factor for an investor to consider. When a senator or representative makes a new purchase, it could be an indication they expect the stock to rise. A sale, on the other hand, can be made for a variety of reasons, and may not necessarily mean the seller thinks the stock will go down. This article was generated by Benzinga's automated content engine and reviewed by an editor.
Washington’s heavy reliance on the Chinese minerals for its advanced weapon systems means China could dictate how long US strikes on Iran can go on, according to sources and analysts. Sources told the South China Morning Post, on condition of anonymity due to the sensitivity of the issue, that Washington had only around two months of rare earths inventory, and the supplies would dominate talks whe...
Washington’s heavy reliance on the Chinese minerals for its advanced weapon systems means China could dictate how long US strikes on Iran can go on, according to sources and analysts. Sources told the South China Morning Post, on condition of anonymity due to the sensitivity of the issue, that Washington had only around two months of rare earths inventory, and the supplies would dominate talks when Trump sat down with Chinese President Xi Jinping. Advertisement Beijing also appeared less eager for a deal than Washington, they added. Trump said last week that he would push ahead with “ ferocious, unyielding resolve ” against Iran, projecting that US attacks – which began on February 28 – could last four to five weeks. But on Monday, he said the American military’s objectives in Iran had almost been met and that the crisis could end “very soon”. Advertisement
TOMS RIVER, NEW JERSEY, March 10, 2026 (GLOBE NEWSWIRE) -- Judah Spinner, founder of BlackBird Financial, today announced that it has increased its investment in Builders FirstSource by a dramatic 900%, capitalizing on the stock's sharp decline amid persistent weakness in the U.S. housing market. The purchases were made last week at prices ranging from $90 to $100 per share. Mr. Spinner, a veteran...
TOMS RIVER, NEW JERSEY, March 10, 2026 (GLOBE NEWSWIRE) -- Judah Spinner, founder of BlackBird Financial, today announced that it has increased its investment in Builders FirstSource by a dramatic 900%, capitalizing on the stock's sharp decline amid persistent weakness in the U.S. housing market. The purchases were made last week at prices ranging from $90 to $100 per share. Mr. Spinner, a veteran investor known for his Buffett-style, concentrated approach to capital allocation, views the selloff in Builders FirstSource as a rare opportunity to acquire a dominant business at a steep discount to its long-term earnings power. Judah Spinner is the Founder and Chief Investment Officer of BlackBird Financial. "I've been watching Builders FirstSource closely, hoping for the chance to build a major position, and the ever-compliant Mr. Market has provided us with exactly that opportunity. With roughly 110 million shares outstanding, the market capitalization is approximately $10 billion, and I think it's worth substantially more than that. It's a no-brainer type of investment at these prices," said Spinner. Spinner contrasted his approach with the short-term focus that dominates Wall Street. "The typical investor often makes their investment decisions based on what's currently in the news. We maintain a very different mindset. In this case, Wall Street is fixated on the war in Iran and the effects that has had on oil prices. They are equally consumed with what revenue and earnings figures Builders FirstSource will report next quarter. That childish mentality creates exceptional opportunities for long-term investors. Frankly, the only thing we care about is what the company will look like in a decade, and the headline news this month or even this year is is entirely irrelevant to that assessment. We do our best to maintain an unwavering focus on what counts and ignore all the noise." Industry Consolidation The building material distribution industry has historically been int...