Jetlinerimages Bailout talks for Spirit Airlines ( FLYYQ ) have hit a snag, according to Bloomberg. Sources indicate that lenders are pushing back against the terms of a proposed $500M rescue package. The financing had been discussed as a way to help the low-cost carrier navigate bankruptcy and avoid liquidation, but creditor resistance now appears to have slowed progress. Lenders reportedly objec...
Jetlinerimages Bailout talks for Spirit Airlines ( FLYYQ ) have hit a snag, according to Bloomberg. Sources indicate that lenders are pushing back against the terms of a proposed $500M rescue package. The financing had been discussed as a way to help the low-cost carrier navigate bankruptcy and avoid liquidation, but creditor resistance now appears to have slowed progress. Lenders reportedly objected to terms that could reduce their recoveries, and the counterproposal they put forward has not yet been answered. That has raised doubts about how quickly, or whether, a government-led bailout deal can move forward. The standoff leaves Spirit Airlines ( FLYYQ ) once again in a precarious position. The airline operated 235 flights on Tuesday, with 2 cancellations and 40 delays, per tracking by FlightAware.com. More on Spirit Aviation Holdings, Inc. Wall Street Lunch: Spirit Airlines Surges As Trump Administration Nears Rescue Deal Budget airlines seek $2.5B U.S. aid tied to fuel cost surge Vladimir Galkin discloses an active stake in JetBlue and Spirit Financial information for Spirit Aviation Holdings, Inc.
(RTTNews) - Teva Pharmaceutical Industries (TEVA) said, for 2026, non-GAAP operating income is now projected in a range of $3.80 - $4.0 billion, revised from $4.55 - $4.8 billion stand-alone outlook, impacted by an expected $700 million IPR&D charge and $75 million to reflect Ema
(RTTNews) - Teva Pharmaceutical Industries (TEVA) said, for 2026, non-GAAP operating income is now projected in a range of $3.80 - $4.0 billion, revised from $4.55 - $4.8 billion stand-alone outlook, impacted by an expected $700 million IPR&D charge and $75 million to reflect Ema
narvo vexar KalVista Pharmaceuticals ( KALV ) added ~39% in the premarket on Wednesday after the Italian pharmaceutical company Chiesi Group agreed to acquire the U.S. rare disease drug developer in an all-cash deal worth nearly $1.9B. Under the terms of the deal, Chiesi is expected to begin a tender offer to buy all outstanding shares of Framingham, Massachusetts-based KalVista ( KALV ) for $27.0...
narvo vexar KalVista Pharmaceuticals ( KALV ) added ~39% in the premarket on Wednesday after the Italian pharmaceutical company Chiesi Group agreed to acquire the U.S. rare disease drug developer in an all-cash deal worth nearly $1.9B. Under the terms of the deal, Chiesi is expected to begin a tender offer to buy all outstanding shares of Framingham, Massachusetts-based KalVista ( KALV ) for $27.00 per share in cash. The transaction approved by the boards of directors of both firms will provide Parma-based Chiesi with Ekterly (sebetralstat), KalVista’s ( KALV ) FDA-approved oral, on-demand treatment for a rare, genetic condition known as hereditary angioedema. Sebetralstat, which generated $49M in sales last year following its U.S. launch in July, is expected to contribute to Chiesi’s plans to generate €6B in revenue by the end of the decade. The buyout deal, Chiesi’s largest ever in terms of value, will also boost the company’s rare immunology portfolio once the transaction closes in Q3 2026. More on KalVista Pharmaceuticals KalVista Pharmaceuticals: Ekterly's Launch Momentum Keeps The Bull Case Alive KalVista Pharmaceuticals, Inc. (KALV) 8 Months 2025 Earnings Call Transcript KalVista Pharmaceuticals: Has Potential But With Caveats Most and least shorted healthcare stocks with up to $2B market cap in March KalVista Pharmaceuticals beats Q4 topline estimates
Euronet press release ( EEFT ): Q1 Non-GAAP EPS of $1.58 beats by $0.12 . Revenue of $1.01B (+10.3% Y/Y) beats by $44.47M . Added 2,300 new merchants during the quarter to Euronet Merchant Services reflecting strong perceived merchant value Migrated Bilt’s 628,000 card portfolio to CoreCard’s processing platform in partnership with Cardless demonstrating CoreCard’s value and flexibility for issuer...
Euronet press release ( EEFT ): Q1 Non-GAAP EPS of $1.58 beats by $0.12 . Revenue of $1.01B (+10.3% Y/Y) beats by $44.47M . Added 2,300 new merchants during the quarter to Euronet Merchant Services reflecting strong perceived merchant value Migrated Bilt’s 628,000 card portfolio to CoreCard’s processing platform in partnership with Cardless demonstrating CoreCard’s value and flexibility for issuers The Company reiterates its 2026 adjusted EPS growth of 10% to 15% year-over-year, consistent with its 10- and 20-year compounded annualized growth rates. Shares -2% PM. More on Euronet Euronet Worldwide: Time To Pay Up For The Payment Provider Euronet Worldwide, Inc. (EEFT) Q4 2025 Earnings Call Transcript Euronet Worldwide, Inc. 2025 Q4 - Results - Earnings Call Presentation Euronet Q1 2026 Earnings Preview Euronet targets 10%-15% adjusted EPS growth for 2026 while accelerating digital expansion
Here are Wednesday's biggest calls on Wall Street: Morgan Stanley reiterates Starbucks as overweight Morgan Stanley said it's sticking with Starbucks following earnings. "An improving story; debate about earnings power not going away. We are OW rated." Bernstein reiterates Robinhood as outperform Bernstein said it's sticking with the stock following earnings. "We still believe, HOOD stock marked t...
Here are Wednesday's biggest calls on Wall Street: Morgan Stanley reiterates Starbucks as overweight Morgan Stanley said it's sticking with Starbucks following earnings. "An improving story; debate about earnings power not going away. We are OW rated." Bernstein reiterates Robinhood as outperform Bernstein said it's sticking with the stock following earnings. "We still believe, HOOD stock marked the bottom in Q1, already factoring expected weak numbers. April has started strong, with equity, options (highest month YTD)" Wells Fargo reiterates CoreWeave as overweight Wells raised its price target to $135 per share from $125. "While the future state of AI remains uncertain, we believe CRWV is set to benefit in the near term as the leading 'pick-and-shovel' infrastructure play, while demand continues to outpace supply." Morgan Stanley reiterates Galaxy Digital as overweight Morgan Stanley said it's standing by shares of Galaxy f ollowing the crypto company's earnings report. "Digital Assets performed better than feared, and as crypto markets have seen relief since 3/31, should perform even better in the NT." Loop upgrades MaxLinear to buy from hold Loop said shares of the electronic hardware company have plenty more room to run. "We missed the pronounced move off the bottom, but our work strongly suggests this train has a lot of room left to run. Furthermore, if MXL actually can achieve what it believes it can then that could be a $1.5B+ revenue driver at > 60% GM." Stifel upgrades Crane to buy from hold Stifel said the stock's valuation is "attractive." " Crane's Business System -driven operating model drives above-market organic growth and strong incremental margins leading to long-term double-digit organic earnings growth supplemented with mid-single-digit cash earnings growth from further capital deployment over the next several years." JPMorgan upgrades Telecom Argentina to overweight from neutral JPMorgan said the Argentina LatAm company is a consolidation benefi...
tsuchikure/iStock via Getty Images American Tower Corporation ( AMT ) reported its Q1-2026 results yesterday, and the results came in ahead of expectations. This is a REIT that owns cell towers and, to a lesser extent, data centers. I last wrote about this company in January before they announced their Q4 results, so it's time for an update. I gave it a Buy rating last time, highlighting that its ...
tsuchikure/iStock via Getty Images American Tower Corporation ( AMT ) reported its Q1-2026 results yesterday, and the results came in ahead of expectations. This is a REIT that owns cell towers and, to a lesser extent, data centers. I last wrote about this company in January before they announced their Q4 results, so it's time for an update. I gave it a Buy rating last time, highlighting that its dividend yield was high relative to its history and that the chart was at a support level and could bounce. I also performed a reverse DCF valuation on it and found that the company was reasonably priced. None of those factors has changed, actually. Further, the company hiked its dividend by over 5% after its Q4 results, so the dividend is even higher now, and the stock is at support again, with a valuation that looks more or less fair. With its ~4% dividend yield and mid-single digit to high-single digit AFFO growth expected in the future, the stock can be a steady compounder for investors seeking stable companies. And the company's growth will come from secular trends, like a steady increase in demand for data. But I'm actually going to downgrade it to a Hold for now. Despite the positives from my last article, I don't see this stock being special enough to be worth owning at current prices, apart from a potential bounce from its support level. Even though the business itself is solid (I go over the business more in my last article), AMT can continue being a laggard as investors seek high-growth plays. It doesn't help that AMT has a Sell from Seeking Alpha's quant rating. It has never had a Buy rating on it in the past three years. The quant system was right. Besides decent growth for a REIT and top-tier profitability, AMT's momentum is weak, revisions have been weak as well in recent years, and the valuation is just fair, as I stated earlier. Let's get into it. AMT's Quant Rating (Seeking Alpha) American Tower’s Q1 Results The company beat both AFFO and operating revenue...
Microsoft (NasdaqGS:MSFT) is involved in a patent infringement case in China's Supreme People's Court concerning touchscreen and graphical user interface technology. The dispute centers on a patent held by Newman Infinite, following several unsuccessful attempts by Microsoft to invalidate the patent in earlier proceedings. The case is recognized nationally in China for its importance to software a...
Microsoft (NasdaqGS:MSFT) is involved in a patent infringement case in China's Supreme People's Court concerning touchscreen and graphical user interface technology. The dispute centers on a patent held by Newman Infinite, following several unsuccessful attempts by Microsoft to invalidate the patent in earlier proceedings. The case is recognized nationally in China for its importance to software and interface patents, with potential implications for Windows and Surface product lines. For...
Carpenter Technology press release ( CRS ): Q3 Non-GAAP EPS of $2.77 beats by $0.13 . Revenue of $811.5M (+11.6% Y/Y) beats by $13.98M . Outlook For the fourth quarter of fiscal year 2026, anticipate between $205 million to $210 million in operating incomeIncreasing operating income guidance for fiscal year 2026 to be in the range of $700 million to $705 million, representing at least a 33 percent...
Carpenter Technology press release ( CRS ): Q3 Non-GAAP EPS of $2.77 beats by $0.13 . Revenue of $811.5M (+11.6% Y/Y) beats by $13.98M . Outlook For the fourth quarter of fiscal year 2026, anticipate between $205 million to $210 million in operating incomeIncreasing operating income guidance for fiscal year 2026 to be in the range of $700 million to $705 million, representing at least a 33 percent increase over fiscal year 2025Increasing adjusted free cash flow outlook to approximately $350 million in fiscal year 2026Well-positioned for continued growth in fiscal year 2027 and beyond with strong market demand outlook for our broad portfolio of specialized solutions, increasing productivity, optimizing product mix and pricing actions Shares +4% PM. More on Carpenter Technology Carpenter Technology Gains Pricing Power In A Tight Market (Upgrade) Carpenter Technology Corporation 2026 Q2 - Results - Earnings Call Presentation Carpenter Technology Corporation (CRS) Q2 2026 Earnings Call Transcript Carpenter Technology Q3 2026 Earnings Preview Seeking Alpha’s Quant Rating on Carpenter Technology
JPMorgan Chase CEO Jamie Dimon says an economic downturn sparked by weakness in credit would encompass more than just the private credit segment and be more severe than many expect.
JPMorgan Chase CEO Jamie Dimon says an economic downturn sparked by weakness in credit would encompass more than just the private credit segment and be more severe than many expect.
Cathie Wood bought shares of CoreWeave (NASDAQ: CRWV) , Spotify (NYSE: SPOT) , and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) on Tuesday. The founder and CEO of Ark Invest added to the three existing positions in her aggressive growth ETFs. All three stocks moved lower on the day, led by Spotify's 12% plunge. Is Wood being opportunistic? Let's take a closer look at all three companies. Image source: ...
Cathie Wood bought shares of CoreWeave (NASDAQ: CRWV) , Spotify (NYSE: SPOT) , and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) on Tuesday. The founder and CEO of Ark Invest added to the three existing positions in her aggressive growth ETFs. All three stocks moved lower on the day, led by Spotify's 12% plunge. Is Wood being opportunistic? Let's take a closer look at all three companies. Image source: Getty Images. Continue reading
(RTTNews) - Rising oil prices and inflation worries continue to influence the investor sentiments on Wednesday. Jerome Powell's final FOMC meeting and press conference will be closely monitored today.
(RTTNews) - Rising oil prices and inflation worries continue to influence the investor sentiments on Wednesday. Jerome Powell's final FOMC meeting and press conference will be closely monitored today.