Golub Capital is capping withdrawals from its private credit fund after investors sought to pull 8.5% of shares, the latest instance of a money manager restricting outflows amid a wave of redemption requests. Golub Capital Private Credit Fund, or GCRED, plans to enforce the quarterly withdrawal limit of 5% of common shares outstanding, according to a letter to shareholders on Thursday. The roughly...
Golub Capital is capping withdrawals from its private credit fund after investors sought to pull 8.5% of shares, the latest instance of a money manager restricting outflows amid a wave of redemption requests. Golub Capital Private Credit Fund, or GCRED, plans to enforce the quarterly withdrawal limit of 5% of common shares outstanding, according to a letter to shareholders on Thursday. The roughly $9.9 billion fund intends to fulfill repurchase requests for 8,891,200 shares. The credit manager told investors that the redemption requests “were concentrated in a small subset representing approximately 5% of GCRED’s more than 12,000 shareholders.” Golub also cited roughly 14 million in new share subscriptions this year through the end of April. GCRED has a liquidity cushion of approximately $4.1 billion and its portfolio consists of nearly $10 billion in total investments at fair value, the firm said. As of the end of the first quarter, less than 0.1% of GCRED’s investment portfolio was on non-accrual status. Loans placed on non-accrual typically means companies have missed their debt payments.
wildpixel/iStock via Getty Images The Key Level to Watch The 30Y Treasury yield ( US30Y ) is at the key level to watch, the 5% level. Investors should pay close attention to this level. Bond vigilantes are investors who "punish" the policy that causes higher rates, and
wildpixel/iStock via Getty Images The Key Level to Watch The 30Y Treasury yield ( US30Y ) is at the key level to watch, the 5% level. Investors should pay close attention to this level. Bond vigilantes are investors who "punish" the policy that causes higher rates, and
Iran deal doubts hit stocks Thursday, but Nvidia, Tesla were strong. CoreWeave, Rocket Lab, Cloudflare were earnings movers late. The jobs report is on deck.
Iran deal doubts hit stocks Thursday, but Nvidia, Tesla were strong. CoreWeave, Rocket Lab, Cloudflare were earnings movers late. The jobs report is on deck.
Annexon Biosciences press release ( ANNX ): Q1 GAAP EPS of -$0.23 beats by $0.06 . Strong Balance Sheet with Cash, Cash Equivalents and Short-Term Investments of Approximately $225 Million as of March 31, 2026, and Anticipated Runway into Second Half 2027 More on Annexon Biosciences Annexon, Inc. (ANNX) Discusses Vision Preservation in Geographic Atrophy With C1q Inhibition and Key Insights From A...
Annexon Biosciences press release ( ANNX ): Q1 GAAP EPS of -$0.23 beats by $0.06 . Strong Balance Sheet with Cash, Cash Equivalents and Short-Term Investments of Approximately $225 Million as of March 31, 2026, and Anticipated Runway into Second Half 2027 More on Annexon Biosciences Annexon, Inc. (ANNX) Discusses Vision Preservation in Geographic Atrophy With C1q Inhibition and Key Insights From ARCHER Trials - Slideshow Annexon, Inc. (ANNX) Discusses Vision Preservation in Geographic Atrophy With C1q Inhibition and Key Insights From ARCHER Trials Transcript Annexon Biosciences GAAP EPS of -$0.28 beats by $0.04 Seeking Alpha’s Quant Rating on Annexon Biosciences Historical earnings data for Annexon Biosciences
In early May, the queue of investors waiting to unstake their Ethereum (CRYPTO: ETH) exploded by roughly 72,000% in about two weeks, swelling to reach 352,136 ETH as of May 5. The unstaking process now takes around six days after entering the queue, but the more important factor is that this kind of spike in the size of the queue sounds so abnormal as to be potentially worrying. So is this a big r...
In early May, the queue of investors waiting to unstake their Ethereum (CRYPTO: ETH) exploded by roughly 72,000% in about two weeks, swelling to reach 352,136 ETH as of May 5. The unstaking process now takes around six days after entering the queue, but the more important factor is that this kind of spike in the size of the queue sounds so abnormal as to be potentially worrying. So is this a big red flag for Ethereum, or is there a benign explanation? Image source: Getty Images. Continue reading
4D Molecular Therapeutics press release ( FDMT ): Q1 GAAP EPS of -$1.01 misses by $0.07 . Revenue of $3.04M (+30300.0% Y/Y) beats by $0.45M . More on 4D Molecular Therapeutics 4D Molecular Therapeutics, Inc. (FDMT) Presents at Barclays 28th Annual Global Healthcare Conference Transcript 4D Molecular Therapeutics, Inc. (FDMT) Presents at TD Cowen 46th Annual Health Care Conference Prepared Remarks ...
4D Molecular Therapeutics press release ( FDMT ): Q1 GAAP EPS of -$1.01 misses by $0.07 . Revenue of $3.04M (+30300.0% Y/Y) beats by $0.45M . More on 4D Molecular Therapeutics 4D Molecular Therapeutics, Inc. (FDMT) Presents at Barclays 28th Annual Global Healthcare Conference Transcript 4D Molecular Therapeutics, Inc. (FDMT) Presents at TD Cowen 46th Annual Health Care Conference Prepared Remarks Transcript 4D Molecular Therapeutics GAAP EPS of -$2.42 beats by $0.98 Seeking Alpha’s Quant Rating on 4D Molecular Therapeutics Historical earnings data for 4D Molecular Therapeutics
E.W. Scripps press release ( SSP ): Q1 GAAP EPS of -$0.20 beats by $0.25 . Operating revenue of $516.87M (-1.4% Y/Y) in-line. On March 31, cash and cash equivalents totaled $84 million. That amount reflects the proceeds received from the sale of WRTV in Indianapolis, which closed on March 31. More on E.W. Scripps The E.W. Scripps Company (SSP) Q4 2025 Earnings Call Transcript E.W. Scripps Q4 Earni...
E.W. Scripps press release ( SSP ): Q1 GAAP EPS of -$0.20 beats by $0.25 . Operating revenue of $516.87M (-1.4% Y/Y) in-line. On March 31, cash and cash equivalents totaled $84 million. That amount reflects the proceeds received from the sale of WRTV in Indianapolis, which closed on March 31. More on E.W. Scripps The E.W. Scripps Company (SSP) Q4 2025 Earnings Call Transcript E.W. Scripps Q4 Earnings Preview 'College Football Playoffs' on ESPN drives cable viewership in January - Nielsen Seeking Alpha’s Quant Rating on E.W. Scripps Historical earnings data for E.W. Scripps
A group of private credit investors led by Blackstone Inc. is preparing to inject at least $100 million of fresh funds into Medallia Inc. as part of a restructuring that will put them in control of the software maker, according to people familiar with the matter. The group is expected to convert a large portion of its existing $2.8 billion loan to Medallia into equity to alleviate the company’s ov...
A group of private credit investors led by Blackstone Inc. is preparing to inject at least $100 million of fresh funds into Medallia Inc. as part of a restructuring that will put them in control of the software maker, according to people familiar with the matter. The group is expected to convert a large portion of its existing $2.8 billion loan to Medallia into equity to alleviate the company’s overall debt burden, said the people, who asked not to be named discussing confidential deliberations. Lenders to Medallia include Apollo Global Management and KKR & Co. The deal will completely wipe out around $5 billion of equity that existing owner Thoma Bravo and its co-investors have poured into the company since they took it private in 2021. Terms of the restructuring are still being discussed and a final agreement may take several weeks to materialize, the person said. Medallia’s lenders have already written off a large portion of the debt to the consumer survey company. Blackstone valued the existing loan at 60 cents on the dollar as of the end of March and placed the debt on non-accrual status, indicating it doesn’t expect to be paid in full. Representatives for Blackstone and Medallia declined to comment. Blackstone’s Global Head of Private Credit Strategies Brad Marshall touted Medallia’s potential on the earnings call of one of the funds that owns the Medallia loan. “Medallia is highly profitable today,” he said on the call on Thursday. The company is currently generating about $200 million of earnings before interest, taxes, depreciation and amortization, but its debt burden of $2.8 billion is higher than its free cash flow can support, the people familiar with the company said. Medallia had been stuck in a cycle of slowing growth driven by intense competitive pressure, which led to cost-cutting and paring down critical functions like marketing. That, in turn, put further pressure on revenue growth, the people said. “As we go forward, our job is to reset the capi...
Bill Foley’s Cannae Holdings Inc expected to complete deal Billionaire Foley to provide ‘significant’ investment Exeter’s members have voted in favour of selling the club to the American owners of AFC Bournemouth. Cannae Holdings Inc, part of billionaire Bill Foley’s investment empire which also includes the Black Knight Sports and Entertainment group, is now set to take full control of the Chiefs...
Bill Foley’s Cannae Holdings Inc expected to complete deal Billionaire Foley to provide ‘significant’ investment Exeter’s members have voted in favour of selling the club to the American owners of AFC Bournemouth. Cannae Holdings Inc, part of billionaire Bill Foley’s investment empire which also includes the Black Knight Sports and Entertainment group, is now set to take full control of the Chiefs and provide “significant” multi-million-pound funding Exeter, who rose from lower-league anonymity to claim a European and domestic title double in 2020, have previously been a members-owned club since their foundation in 1871. At a special general meeting, however, members voted by a comfortable majority to approve the club’s sale with long-time chairman Tony Rowe having negotiated a landmark deal with the new US backers. Continue reading...
StandardAero press release ( SARO ): Q1 non-GAAP EPS of $0.33 Revenue of $1.63B. Full Year 2026 Guidance StandardAero is updating its full year 2026 guidance: Full Year 2026 ($ in millions) Revenue1 (increase) $6,325 to $6,450 Click to enlarge
StandardAero press release ( SARO ): Q1 non-GAAP EPS of $0.33 Revenue of $1.63B. Full Year 2026 Guidance StandardAero is updating its full year 2026 guidance: Full Year 2026 ($ in millions) Revenue1 (increase) $6,325 to $6,450 Click to enlarge
NewLake Capital Partners press release ( NLCP ): Q1 FFO of $0.46 in-line. Revenue of $12.3M (-6.8% Y/Y) beats by $0.45M . More on NewLake Capital Partners NewLake Capital Partners: A Regulatory Arbitrage Play With A Very Attractive Risk-Reward NLCP And MSOS: Cannabis REIT Vs. ETF NewLake Capital Partners: I Still Believe In The Turnaround NewLake Capital Partners Q1 2026 Earnings Preview Top 5 sma...
NewLake Capital Partners press release ( NLCP ): Q1 FFO of $0.46 in-line. Revenue of $12.3M (-6.8% Y/Y) beats by $0.45M . More on NewLake Capital Partners NewLake Capital Partners: A Regulatory Arbitrage Play With A Very Attractive Risk-Reward NLCP And MSOS: Cannabis REIT Vs. ETF NewLake Capital Partners: I Still Believe In The Turnaround NewLake Capital Partners Q1 2026 Earnings Preview Top 5 small-cap REIT quant picks: highest vs. lowest ahead of Q1 results
Check out the companies making headlines after the bell : Gen Digital — The software stock popped 8% after sharing current-quarter and full-year revenue guidance that exceeded analysts' expectations, per FactSet. Gen Digital also posted a fiscal fourth-quarter adjusted earnings and revenue beat. Airbnb — The vacation rental stock added 1%. First-quarter revenue of $2.68 billion beat the expected $...
Check out the companies making headlines after the bell : Gen Digital — The software stock popped 8% after sharing current-quarter and full-year revenue guidance that exceeded analysts' expectations, per FactSet. Gen Digital also posted a fiscal fourth-quarter adjusted earnings and revenue beat. Airbnb — The vacation rental stock added 1%. First-quarter revenue of $2.68 billion beat the expected $2.62 billion, per LSEG. Earnings for the period missed the mark, however, landing at 26 cents per share, below the 29 cents analysts sought. Akamai Technologies — Shares surged 25% after the cybersecurity and cloud computing company said that a leading U.S.-based frontier model provider has committed to $1.8 billion over seven years for its Cloud Infrastructure Services. Akamai also reported a first-quarter adjusted earnings beat, while its revenue came in line with expectations. Trade Desk — The advertising technology stock plummeted 14% after Trade Desk reported current-quarter revenue guidance of at least $750 million, versus the $771 million anticipated by analysts, per LSEG. Adjusted earnings in the first quarter also missed expectations, coming in at 28 cents a share versus the 32 cents per share estimated. Expedia — Shares shed 8% after the online travel agency called for second-quarter revenue of $4.11 billion to $4.19 billion, compared to the $4.12 anticipated by analysts, per LSEG. Booked room nights in the first quarter missed expectations, landing at $113.9 billion, versus the StreetAccount consensus of $117.07 million. Lyft — The rideshare app fell 2% after Lyft's first-quarter earnings came in at 4 cents per share, while analysts surveyed by LSEG had anticipated 6 cents. However, the company's $1.65 billion revenue exceeded the expected $1.63 billion. Gilead Sciences — The pharmaceuticals stock shed 3%. Gilead Sciences said it was expecting a full-year adjusted loss of $1.05 to 65 cents per share, down from its prior guidance for a profit of $8.45 to $8.85 per...
Four protesters are suing to stop the Department of Homeland Security (DHS) and the Federal Bureau of Investigation (FBI) from seizing DNA samples from Americans arrested while peacefully protesting Immigration and Customs Enforcement (ICE) activity. In a complaint filed in an Illinois district court on Wednesday, protesters arrested at the Broadview ICE facility during "Operation Midway Blitz"—wh...
Four protesters are suing to stop the Department of Homeland Security (DHS) and the Federal Bureau of Investigation (FBI) from seizing DNA samples from Americans arrested while peacefully protesting Immigration and Customs Enforcement (ICE) activity. In a complaint filed in an Illinois district court on Wednesday, protesters arrested at the Broadview ICE facility during "Operation Midway Blitz"—when thousands of federal agents flooded Chicago—demanded an injunction to stop alleged violations of the First and Fourth Amendments, as well as the Administrative Procedure Act. They have accused the federal government of "wrongfully arresting peaceful protesters, collecting their DNA, uploading their genetic profiles to government databases, and storing their DNA samples in federal labs—permanently." Read full article Comments
TechTarget press release ( TTGT ): Q1 GAAP EPS of -$0.98 misses by $0.64 . Revenue of $106.05M (+2.1% Y/Y) beats by $1.12M . More on TechTarget TechTarget, Inc. (TTGT) Q4 2025 Earnings Call Transcript Omdia sees sharp semiconductor revenue growth on memory pricing TechTarget outlines $95M–$100M 2026 adjusted EBITDA target as AI strategy accelerates margin expansion Seeking Alpha’s Quant Rating on ...
TechTarget press release ( TTGT ): Q1 GAAP EPS of -$0.98 misses by $0.64 . Revenue of $106.05M (+2.1% Y/Y) beats by $1.12M . More on TechTarget TechTarget, Inc. (TTGT) Q4 2025 Earnings Call Transcript Omdia sees sharp semiconductor revenue growth on memory pricing TechTarget outlines $95M–$100M 2026 adjusted EBITDA target as AI strategy accelerates margin expansion Seeking Alpha’s Quant Rating on TechTarget Historical earnings data for TechTarget
Pembina Pipeline press release ( PBA ): Q1 Non-GAAP EPS of C$0.81 beats by C$0.11 . Revenue of C$2.1B (-7.9% Y/Y) beats by C$210M . Pembina has updated its 2026 adjusted EBITDA guidance range to C$4.35 billion to C$4.55 billion (previously C$4.125 billion to C$4.425
Pembina Pipeline press release ( PBA ): Q1 Non-GAAP EPS of C$0.81 beats by C$0.11 . Revenue of C$2.1B (-7.9% Y/Y) beats by C$210M . Pembina has updated its 2026 adjusted EBITDA guidance range to C$4.35 billion to C$4.55 billion (previously C$4.125 billion to C$4.425
Forward Air press release ( FWRD ): Q1 GAAP EPS of -$1.09 misses by $0.42 . Revenue of $582.04M (-5.1% Y/Y) misses by $38.19M . More on Forward Air Forward Air Corporation 2026 Q1 - Results - Earnings Call Presentation Forward Air Corporation (FWRD) Q4 2025 Earnings Call Transcript Forward Air Corporation 2025 Q4 - Results - Earnings Call Presentation What's next in freight transportation after Am...
Forward Air press release ( FWRD ): Q1 GAAP EPS of -$1.09 misses by $0.42 . Revenue of $582.04M (-5.1% Y/Y) misses by $38.19M . More on Forward Air Forward Air Corporation 2026 Q1 - Results - Earnings Call Presentation Forward Air Corporation (FWRD) Q4 2025 Earnings Call Transcript Forward Air Corporation 2025 Q4 - Results - Earnings Call Presentation What's next in freight transportation after Amazon's 'watershed' moment? Forward Air sinks on report full company sale is unlikely
Dr. Pattie Maes, Head of Fluid Interfaces Group at MIT Media Lab joins Bloomberg Businessweek Daily to discuss the evolution of health tools and how the devices we already live with can help us become better versions of ourselves. (Source: Bloomberg)
Dr. Pattie Maes, Head of Fluid Interfaces Group at MIT Media Lab joins Bloomberg Businessweek Daily to discuss the evolution of health tools and how the devices we already live with can help us become better versions of ourselves. (Source: Bloomberg)