Morris State Bancshares ( MBLU ) declares $0.54/share special Pre-closing dividend . Payable March 30; for shareholders of record March 24; ex-div March 24. See MBLU Dividend Scorecard, Yield Chart, & Dividend Growth. More on Morris State Bancshares Morris State Bancshares raises dividend by 8.3% to $0.13 Vallant Financial to become holding company for Morris State Bancshares, Pinnacle Financial D...
Morris State Bancshares ( MBLU ) declares $0.54/share special Pre-closing dividend . Payable March 30; for shareholders of record March 24; ex-div March 24. See MBLU Dividend Scorecard, Yield Chart, & Dividend Growth. More on Morris State Bancshares Morris State Bancshares raises dividend by 8.3% to $0.13 Vallant Financial to become holding company for Morris State Bancshares, Pinnacle Financial Dividend scorecard for Morris State Bancshares Financial information for Morris State Bancshares
Kanzhun Limited ( BZ ) increased its share repurchase authorization to $400M through August 2027. The company reaffirmed its dividend policy introduced in August 2025. It plans to return at least 50% of adjusted net income annually via dividends and buybacks from 2026 for three years. BZ shares down 6% premarket. More on Kanzhun Kanzhun Ltd.: AI Monetization Working And Operating Leverage Kicking ...
Kanzhun Limited ( BZ ) increased its share repurchase authorization to $400M through August 2027. The company reaffirmed its dividend policy introduced in August 2025. It plans to return at least 50% of adjusted net income annually via dividends and buybacks from 2026 for three years. BZ shares down 6% premarket. More on Kanzhun Kanzhun Ltd.: AI Monetization Working And Operating Leverage Kicking In Kanzhun Non-GAAP EPADS of $0.27 misses by $0.01, revenue of $297.2M misses by $2.19M Kanzhun is the top performing human resource and employment services stock YTD Seeking Alpha’s Quant Rating on Kanzhun Historical earnings data for Kanzhun
The war in Iran is causing uncertainty in the markets, which has led to a general increase in the price of options. There are hardly any stocks whose options are cheap right now, relative to the past year. In the article below, I’m examining the data to see if this could lead to headwinds for options traders going forward. What Are “Cheap” and “Expensive” Options? There are a few ways to define ch...
The war in Iran is causing uncertainty in the markets, which has led to a general increase in the price of options. There are hardly any stocks whose options are cheap right now, relative to the past year. In the article below, I’m examining the data to see if this could lead to headwinds for options traders going forward. What Are “Cheap” and “Expensive” Options? There are a few ways to define cheap and expensive when it comes to option prices. For example, a week ago, McDonald’s (MCD) one-week at-the-money (ATM) call had a 21% implied volatility (IV), compared to about 45% for Tesla (TSLA). On an absolute basis, MCD options were much cheaper than TSLA. But relative to itself over the past year, MCD was actually more expensive. Its IV was higher than about 85% of the past year’s readings, while TSLA’s IVs ranked higher than 40% of its own readings over the past year. MCD has lower IV’s naturally because its earnings are more predictable than TSLA. Compared to itself over the past year, however, MCD options were more expensive. The chart below compares the proportion of “cheap” options and “expensive” options available. Every Friday, I found the at-the-money call implied volatility (IV) for stocks expiring the next Friday. I calculated the 52-week IV percentile rank for each stock. Stocks with an IV rank in the bottom 20%, I called “Cheap,” while those in the top 20%, I called “Expensive.” You can see in the chart below, the availability of cheap options has been tumbling while expensive options have been surging. Cheap, Expensive Options Buy Cheap Options The table below shows why the lack of cheap options is concerning. I looked at one-week ATM call option returns since 2024. Specifically, I assumed the option was purchased on Friday with an expiration date the following Friday then closed at intrinsic value on the expiration date. I went back to 2024, which has been a bullish time for the market. Therefore, the call returns have been excellent. The “cheap” option...
US stock futures extend a two-day rally as investors remain cautiously optimistic amid rising energy prices and before the Federal Reserve ’s interest-rate decision. Contracts on the S&P 500 Index rose 0.2% as of 7:50 a.m. in New York, while Nasdaq 100 futures gained 0.2% . Brent crude oil prices hovered around $ 104 . The Cboe Volatility Index dipped further to 22 from highs last week. Investors ...
US stock futures extend a two-day rally as investors remain cautiously optimistic amid rising energy prices and before the Federal Reserve ’s interest-rate decision. Contracts on the S&P 500 Index rose 0.2% as of 7:50 a.m. in New York, while Nasdaq 100 futures gained 0.2% . Brent crude oil prices hovered around $ 104 . The Cboe Volatility Index dipped further to 22 from highs last week. Investors have been conditioned to not sell “and ask questions later,” said Keith Lerner , chief investment officer and chief market strategist at Truist Advisory Services, adding that they “have been so battle tested — through Covid, inflation shocks, interest rate shocks, tariff shocks.” Before the market opens, the producer price index will be released, providing investors an inflation gauge from before the start of the Iran war. Later, Fed officials will release their rate decision at 2 p.m. New York time, with officials widely expected to hold rates steady. Following the policy announcement, investors will closely monitor Chairman Jerome Powell ’s comments about the economy, higher fuel prices and private credit amid conflict in the Middle East. “Markets will want a balanced tone that acknowledges inflation risks without signaling a more hawkish path,” said Tom Essaye of the Sevens Report. Bond traders are unwinding recent wagers against US Treasuries after confidence returned that the central bank will be able to cut rates by at least one quarter-point before the end of 2026. Meanwhile, Iran said its South Pars natural gas field was hit by US and Israeli strikes, briefly sending Brent crude oil above $105. Iraq began exporting oil through a route that avoids the Strait of Hormuz, while Iranian strikes continued overnight following the assassination of its security chief, Ali Larijani , in an Israeli strike. The Strait of Hormuz looks unlikely to open without a truce in the war, though Iran has been moving its own oil through the waterway at levels broadly comparable to transit ...
Polen Capital, an investment management company, released its fourth-quarter investor letter for “Polen International Growth Strategy”. A copy of the letter can be downloaded here. In 2025, foreign equity markets reached their highest returns in more than a decade, whereas Polan International Growth had flat returns. This was not attributed to weakening business fundamentals among its holdings, bu...
Polen Capital, an investment management company, released its fourth-quarter investor letter for “Polen International Growth Strategy”. A copy of the letter can be downloaded here. In 2025, foreign equity markets reached their highest returns in more than a decade, whereas Polan International Growth had flat returns. This was not attributed to weakening business fundamentals among its holdings, but the market’s preference for cyclically sensitive businesses. The strategy seeks to invest in companies with enduring competitive strengths, high returns on invested capital, and consistent earnings. The Strategy returned -2.21% (gross) and -2.52% (net) in Q4 compared to 5.05% return for MSCI ACWI (ex-USA). For 2025, the Strategy returned 0.68% (gross) and -0.52% (net) compared to 32.39% return for the Index. In addition, please check the Strategy’s top five holdings to know its best picks in 2025. In its fourth-quarter 2025 investor letter, Polen International Growth Strategy highlighted stocks like Alibaba Group Holding Limited (NYSE:BABA). Alibaba Group Holding Limited (NYSE:BABA) is a Chinese multinational company that focuses on cloud computing, e-commerce, and artificial intelligence. On March 17, 2026, Alibaba Group Holding Limited (NYSE:BABA) stock closed at $136.57 per share. One-month return of Alibaba Group Holding Limited (NYSE:BABA) was -12.33%, and its shares lost 4.63% over the past 52 weeks. Alibaba Group Holding Limited (NYSE:BABA) has a market capitalization of $326.049 billion. Polen International Growth Strategy stated the following regarding Alibaba Group Holding Limited (NYSE:BABA) in its fourth quarter 2025 investor letter: "The top three contributors to the Portfolio’s relative performance in the quarter were Tokyo Electron, Alibaba Group (not owned), and ASML. Alibaba Group Holding Limited (NYSE:BABA) (not owned) shares declined -19% during the quarter as profitability in the core e-commerce business has been pressured by heavy investments to compe...
Tecnoglass ( TGLS ) declares $0.15/share quarterly dividend , in line with previous. Forward yield 1.33% Payable April 30; for shareholders of record March 31; ex-div March 31. See TGLS Dividend Scorecard, Yield Chart, & Dividend Growth. More on Tecnoglass Tecnoglass Inc. (TGLS) Q4 2025 Earnings Call Transcript Tecnoglass Inc. 2025 Q4 - Results - Earnings Call Presentation Tecnoglass: Early Optimi...
Tecnoglass ( TGLS ) declares $0.15/share quarterly dividend , in line with previous. Forward yield 1.33% Payable April 30; for shareholders of record March 31; ex-div March 31. See TGLS Dividend Scorecard, Yield Chart, & Dividend Growth. More on Tecnoglass Tecnoglass Inc. (TGLS) Q4 2025 Earnings Call Transcript Tecnoglass Inc. 2025 Q4 - Results - Earnings Call Presentation Tecnoglass: Early Optimism Fades As Growth Moderates Mid-Cap industrial stocks ranked by quant ratings after earnings season Tecnoglass outlines $1.06B–$1.13B 2026 revenue target while expanding vinyl and geographic footprint
Renewal Fuels ( RNWF ) has officially changed its name to American Fusion. FINRA processed the name and ticker change to “AMFN.” Shares are expected to begin trading under the new symbol on March 19, 2026. The rebrand follows the company’s merger with Kepler Fusion Technologies. The company is focused on developing fusion energy systems via its Texatron aneutronic platform. More on Renewal Fuels, ...
Renewal Fuels ( RNWF ) has officially changed its name to American Fusion. FINRA processed the name and ticker change to “AMFN.” Shares are expected to begin trading under the new symbol on March 19, 2026. The rebrand follows the company’s merger with Kepler Fusion Technologies. The company is focused on developing fusion energy systems via its Texatron aneutronic platform. More on Renewal Fuels, Inc. Financial information for Renewal Fuels, Inc.
Welcome to India Edition, Bloomberg’s daily dive into what’s moving the worlds of business, markets and politics in this dynamic, fast-paced economy. I’m Menaka Doshi . If you didn’t receive this directly in your inbox, you can subscribe here , and share feedback with us here . Today, I look at new analysis of India’s unemployment problem and my colleague Mihir Mishra unpacks how domestic carriers...
Welcome to India Edition, Bloomberg’s daily dive into what’s moving the worlds of business, markets and politics in this dynamic, fast-paced economy. I’m Menaka Doshi . If you didn’t receive this directly in your inbox, you can subscribe here , and share feedback with us here . Today, I look at new analysis of India’s unemployment problem and my colleague Mihir Mishra unpacks how domestic carriers are feeling the strain of the Middle East war. Time is Running Out President Donald Trump has said the US could end the war with Iran “in the near future.” Well, that’s not today as attacks continue for the 19th day with oil still above $100 a barrel. Stock and bond markets, though, are broadly in the green for the third day. The rupee is hovering near its record low of 92 to the dollar. Since this newsletter has already covered the war-related crises facing India, namely energy shortages , business impact , and macro-economic consequences , I’m going to move to another challenge today. The problem of graduate unemployment is widening in India as salaried-job creation significantly lags rising education levels and an expanding youth population. While this is not a new trend , a report out this week has put some numbers to it. Between 2005 and 2023, while approximately 5 million graduates were added each year, only around 2.8 million found employment. An even smaller share (1.7 million) entered salaried employment, contributing to rising graduate unemployment and slowing earnings growth, according to the State of Working India 2026 report by the Azim Premji University. 11 million out of 63 million graduates between the ages of 20 and 29 were unemployed as of 2023. A few findings from the report on education and employment stood out for me. - India’s tertiary education enrolment rate of 28% is on par with countries that have a similar level of per capita income. - Among men, education enrollment is up significantly to 73% for 15- to 19-year-olds, but there is a decline in co...
Sundry Photography/iStock Editorial via Getty Images Shares of Jabil ( JBL ) dipped about 2% premarket on Wednesday despite fiscal second quarter results beating estimates, and the company raising its outlook for revenue and core EPS for fiscal year 2026. The electronics manufacturing services provider's non-GAAP EPS jumped about 39% year-over-year to $2.69 versus a consensus estimate of $2.51. Fo...
Sundry Photography/iStock Editorial via Getty Images Shares of Jabil ( JBL ) dipped about 2% premarket on Wednesday despite fiscal second quarter results beating estimates, and the company raising its outlook for revenue and core EPS for fiscal year 2026. The electronics manufacturing services provider's non-GAAP EPS jumped about 39% year-over-year to $2.69 versus a consensus estimate of $2.51. For the fiscal second quarter ended Feb. 28, revenue grew around 23% year-over-year to $8.28B, compared to the consensus estimate of $7.78B "Our better-than-expected performance in the quarter was broad-based, reflecting the strength of our diversified portfolio and was led by continued momentum in Intelligent Infrastructure, where demand remains robust across cloud and data center infrastructure, networking and communications, and capital equipment. We also saw encouraging improvement in Regulated Industries, with automotive and renewables performing better than we anticipated earlier in the year," said CEO Mike Dastoor. Outlook The company raised its fiscal 2026 outlook for revenue and core EPS. "Given the strength of our second-quarter results and increasing confidence in the back half of the year, we are raising our fiscal 2026 outlook for revenue and core EPS," Dastoor noted. The company now expects net revenue to be $34B compared to the prior outlook of $32.4B. The consensus estimate is $32.57B. Jabil now anticipates non-GAAP EPS to be about $12.25 versus a prior forecast of $11.55. The consensus estimate is $11.64. Jabil expects fiscal third quarter net revenue to be between $8.1B and $8.9B (midpoint at $8.5B), compared to a consensus estimate of $8.05B. The company anticipates non-GAAP EPS to be in the range of $2.83 to $3.23 (midpoint at $3.03), versus a consensus estimate of $2.91. More on Jabil Jabil: Rating Upgrade On Better Revenue Visibility And Competitive Position Jabil: AI-Driven Revenue Acceleration Jabil's Strong Growth Justifies A Little More Optimism Jabi...
Jeff Currie, chief strategy officer at Carlyle Energy Pathways, examines the disconnect between the paper and physical oil markets and the price impact of Russian oil in the system. (Source: Bloomberg)
Jeff Currie, chief strategy officer at Carlyle Energy Pathways, examines the disconnect between the paper and physical oil markets and the price impact of Russian oil in the system. (Source: Bloomberg)