Southwark Playhouse, London Morgan Lloyd Malcolm’s revenge drama has plenty of rug-pulling twists, but stilted presentation leaves little sense of jeopardy As a revenge fantasy between a former school bully and her victim, Morgan Lloyd Malcolm’s 2015 drama sits squarely at the baroque end of the spectrum. Heather (Cassandra Hercules) was targeted by Carla (Serin Ibrahim), a former friend turned cl...
Southwark Playhouse, London Morgan Lloyd Malcolm’s revenge drama has plenty of rug-pulling twists, but stilted presentation leaves little sense of jeopardy As a revenge fantasy between a former school bully and her victim, Morgan Lloyd Malcolm’s 2015 drama sits squarely at the baroque end of the spectrum. Heather (Cassandra Hercules) was targeted by Carla (Serin Ibrahim), a former friend turned class-room oppressor whose campaign culminated in a shocking incident of abuse. Several decades on, they meet, ostensibly to make amends, but Heather has a dark ulterior motive. It is clear the tables have turned in the interim: Carla is now the one oppressed by life, barely making ends meet, fielding a fifth pregnancy without any feeling of joy and in an unhappy partnership. Heather, by contrast, is a rich professional who fires sly broadsides at Carla, letting her know who came out on top. Continue reading...
Klaus Vedfelt/DigitalVision via Getty Images So, today I'll be looking deeper into Norwegian energy and the market that this involves. As I've said in previous articles, I've become more and more comfortable in the energy sector over the past 2-3 years. I now feel that I can speak with a higher degree of conviction about the companies involved therein. Not just the energy companies themselves, but...
Klaus Vedfelt/DigitalVision via Getty Images So, today I'll be looking deeper into Norwegian energy and the market that this involves. As I've said in previous articles, I've become more and more comfortable in the energy sector over the past 2-3 years. I now feel that I can speak with a higher degree of conviction about the companies involved therein. Not just the energy companies themselves, but the companies involved in servicing those companies or working with them. Both because Norway has such a significant industry there and because the players there are geographically close to me, I choose to focus much on these first. The first company I'm going to take a "crack" at here is called TGS ASA, often simply known by the three letters TGS. It's a Norwegian company traded on the Oslo stock market natively, with the ADR TGSGY . It's a thinly traded ADR, but not necessarily a super-small company by Scandinavian company standards. Looking at its general size and fundamentals, it has a market capitalization of about 29B NOK and an EV of about 35B NOK. It's relatively low debt in terms of long-term debt/capital, with a credit rating of BB-. This, of course, means that the company is junk-rated. It has a dividend yield of about 4%, currently 4.1%, despite having seen a significant surge in the past few months. My goal here is two-fold. Show you the company's fundamentals; why you may want to consider investing in TGS ASA; why it's a "safe company," by which I mean that the company is unlikely to go bankrupt , and why it may be safe to invest in at this particular juncture. We need to remember, of course, that the entire industry that we're looking at here, energy, is quite volatile. We can see this clearly in what I view as "lumpiness" in earnings. Part of what I will do is to explain this lumpiness. F.A.S.T. Graphs TGS Upside You need to understand that the fact that a company goes up and down like this doesn't mean that it's inherently bad - it just means that you need...
More than 300 foreign nationals were arrested in a raid on an alleged online gambling operation in the Indonesian capital of Jakarta, police said on Saturday, in one of the country’s largest crackdowns on illegal digital betting networks. The 321 foreigners, mainly from Vietnam, were arrested at a commercial building near the city’s Chinatown section that investigators described as a hub for more ...
More than 300 foreign nationals were arrested in a raid on an alleged online gambling operation in the Indonesian capital of Jakarta, police said on Saturday, in one of the country’s largest crackdowns on illegal digital betting networks. The 321 foreigners, mainly from Vietnam, were arrested at a commercial building near the city’s Chinatown section that investigators described as a hub for more than 70 online gambling websites, targeting players outside Indonesia, based on marketing records...
The chocolate biz is raising the bar with a lab to assess cacao beans from around the world. (Talk about a sweet gig!) Consumers and farmers stand to benefit from the "Standard of Excellence" program. (Image credit: Valerio Muscella for NPR)
The chocolate biz is raising the bar with a lab to assess cacao beans from around the world. (Talk about a sweet gig!) Consumers and farmers stand to benefit from the "Standard of Excellence" program. (Image credit: Valerio Muscella for NPR)
⚽ Premier League updates from the 4.30pm BST kick-off ⚽ Live scores | Latest table | And follow us on Bluesky It was a soundbite designed to go viral , the kind the ex-pros in the TV studios are always looking to confect; snappy, heavy on hyperbole, bang in the moment. Thierry Henry made it pop on Tuesday night as he interviewed Bukayo Saka on CBS Sports after Arsenal had beaten Atlético Madrid to...
⚽ Premier League updates from the 4.30pm BST kick-off ⚽ Live scores | Latest table | And follow us on Bluesky It was a soundbite designed to go viral , the kind the ex-pros in the TV studios are always looking to confect; snappy, heavy on hyperbole, bang in the moment. Thierry Henry made it pop on Tuesday night as he interviewed Bukayo Saka on CBS Sports after Arsenal had beaten Atlético Madrid to advance to the Champions League final. “We were the Invincibles. You will be the Unforgettables,” Henry said. There it was, as laid out by one of the greats, the goalscoring hero of Arsenal’s unbeaten bolt to the 2004 Premier League title, the last one they won. Continue reading...
asbe/iStock via Getty Images Market Brief – Earnings Are Driving The Market The S&P 500 ( SP500 ) and Nasdaq ( COMP:IND ) closed at fresh all-time highs for the second consecutive week, with the broader index adding roughly 1.4% to finish near 7,330. Markets were led by communication services, energy, information technology, and consumer discretionary, while materials, industrials, and health care...
asbe/iStock via Getty Images Market Brief – Earnings Are Driving The Market The S&P 500 ( SP500 ) and Nasdaq ( COMP:IND ) closed at fresh all-time highs for the second consecutive week, with the broader index adding roughly 1.4% to finish near 7,330. Markets were led by communication services, energy, information technology, and consumer discretionary, while materials, industrials, and health care lagged. The geopolitical overhang defining the prior ten weeks is now background noise, and the market is trading on what it always ultimately trades on: earnings. The week’s most important print came on Monday after the close. Palantir’s ( PLTR ) earnings report was what can only be described as a statement quarter. Revenue surged 85% year-over-year to $1.63 billion, against a $1.54 billion estimate, the fastest growth since the company went public in 2020, while adjusted EPS of $0.33 beat the $0.28 consensus. Management guided Q2 revenue to $1.8 billion, well above the $1.68 billion expectation, and raised full-year guidance to $7.65–$7.66 billion, implying 71% growth for 2026. The most striking detail: U.S. commercial revenue grew 133% year-over-year to $595 million. U.S. government revenue rose 84% to $687 million, and the company’s Rule of 40 score hit 145%. That is a figure CEO Alex Karp noted is matched only by Nvidia ( NVDA ), Micron ( MU ), and SK hynix. Tuesday brought AMD ( AMD ). The company reported adjusted EPS of $1.37, beating estimates of $1.29, on revenue of $10.25 billion, versus the $9.89 billion consensus, a 38% year-over-year revenue increase. Data center revenue surged 57% to $5.8 billion, and CEO Lisa Su said the company has “strong and increasing confidence” in its ability to reach tens of billions in data center AI revenue next year. The stock jumped 16% on Wednesday. Taken together, Palantir and AMD confirm what Alphabet signaled the prior week: the AI infrastructure buildout is not slowing, and the earnings leverage from that cycle is just begin...
Walk down the beverage aisle and you'll find dozens of sparkling water brands competing for your attention. It looks like saturation, but it's actually a sign of a category in the middle of a massive shift away from sugary sodas and toward healthier, zero-sugar alternatives. Spindrift's CEO says there's a clear path to $1 billion in sales. Nixie's founder says taste is everything. And a venture in...
Walk down the beverage aisle and you'll find dozens of sparkling water brands competing for your attention. It looks like saturation, but it's actually a sign of a category in the middle of a massive shift away from sugary sodas and toward healthier, zero-sugar alternatives. Spindrift's CEO says there's a clear path to $1 billion in sales. Nixie's founder says taste is everything. And a venture investor says the smartest money isn't on any one brand, it's on the companies that supply them all. (Source: Bloomberg)
The stock market keeps rolling along as if nothing can stop it. The S&P 500 recently hit another all-time high, unemployment remains low at 4.3%, and payroll growth has continued to beat expectations, according to the latest Bureau of Labor Statistics report. President Donald Trump has pointed to both as proof the economy remains on ... What Saudi Aramco’s CEO Just Said Has Huge Implications for t...
The stock market keeps rolling along as if nothing can stop it. The S&P 500 recently hit another all-time high, unemployment remains low at 4.3%, and payroll growth has continued to beat expectations, according to the latest Bureau of Labor Statistics report. President Donald Trump has pointed to both as proof the economy remains on ... What Saudi Aramco’s CEO Just Said Has Huge Implications for the Trump Bull Market
The economic warnings are bleak, but full extent of shortages are still not felt for many European countries The biggest energy shock in modern history, jet fuel shortages “within weeks” , a global recession – since Iran throttled shipping flows through the strait of Hormuz at the end of February the economic warnings have become increasingly dire. Yet 10 weeks on from the first US-Israeli attacks...
The economic warnings are bleak, but full extent of shortages are still not felt for many European countries The biggest energy shock in modern history, jet fuel shortages “within weeks” , a global recession – since Iran throttled shipping flows through the strait of Hormuz at the end of February the economic warnings have become increasingly dire. Yet 10 weeks on from the first US-Israeli attacks, share indices, companies and governments have been surprisingly sanguine. Every day the divergence grows between the eerie quiet on markets and alarming warnings of an imminent supply chain crunch. Continue reading...
Business owners may have to wade through paperwork, but the US government is now processing refunds When the supreme court struck down Donald Trump’s tariffs , many small importers assumed any refunds would be tied up in bureaucracy for years. Surprisingly, that’s not what’s happening. It’s estimated that roughly 330,000 importers paid more than $166bn in tariff fees imposed by Trump under the Int...
Business owners may have to wade through paperwork, but the US government is now processing refunds When the supreme court struck down Donald Trump’s tariffs , many small importers assumed any refunds would be tied up in bureaucracy for years. Surprisingly, that’s not what’s happening. It’s estimated that roughly 330,000 importers paid more than $166bn in tariff fees imposed by Trump under the International Emergency Economic Powers Act (IEEPA). If your business was affected here’s good news: you can get your tariffs refunded. You just need to be a little patient. Continue reading...