Sezzle ( SEZL ) secured a new $300M receivables funding facility with Mesirow Alternative Credit, replacing and expanding its prior facility. The new facility doubles Sezzle’s original $150M facility launched in April 2024, which was later expanded to $225M. The facility carries an interest rate of SOFR plus 3.86%, down nearly 290 basis points from the prior 6.75% spread, while the advance rate in...
Sezzle ( SEZL ) secured a new $300M receivables funding facility with Mesirow Alternative Credit, replacing and expanding its prior facility. The new facility doubles Sezzle’s original $150M facility launched in April 2024, which was later expanded to $225M. The facility carries an interest rate of SOFR plus 3.86%, down nearly 290 basis points from the prior 6.75% spread, while the advance rate increased to 92.5% from 90%. The term of the facility is 3 years and the size includes $75 million accordion. The refinancing lowers Sezzle’s cost of capital and expands committed capacity to support the Company’s continued growth. More on Sezzle Sezzle Inc. (SEZL) Q1 2026 Earnings Call Transcript Sezzle Inc. 2026 Q1 - Results - Earnings Call Presentation Sezzle: Positive Growth Momentum And An Improved Valuation Sezzle stock soars after big Q1 earnings beat fueled by subscriber growth, customer engagement Sezzle Non-GAAP EPS of $1.43 beats by $0.19, revenue of $135.5M beats by $6.34M
Niphon Phunnu/iStock via Getty Images Market Overview US fixed-income markets faced a tougher backdrop in 1Q26, as Iran War-related inflation reset Fed expectations and lifted Treasury yields. Credit spreads 1 widened late in the quarter, though ceasefire hopes limited the move, while agency mortgage-backed securities (MBS) outperformed despite elevated rate volatility. Performance Summary The Low...
Niphon Phunnu/iStock via Getty Images Market Overview US fixed-income markets faced a tougher backdrop in 1Q26, as Iran War-related inflation reset Fed expectations and lifted Treasury yields. Credit spreads 1 widened late in the quarter, though ceasefire hopes limited the move, while agency mortgage-backed securities (MBS) outperformed despite elevated rate volatility. Performance Summary The Low Duration High Income Fund (I Share) underperformed the ICE 1–3 Year US Cash High Yield Index during the first quarter. The Fund’s out-of-benchmark exposure to asset-backed securities (ABS), particularly collateralized loan obligations (CLO), detracted from returns. Out-of-benchmark exposure to bank loans also detracted from returns, driven primarily by industrial issuers. The Fund’s underweight to high-yield credit contributed positively to performance, although this benefit was offset by security selection within high yield. The Fund’s out-of-benchmark allocations to MBS and commercial MBS contributed positively to performance over the period. The Fund’s overweight to front-end and mid-curve partials (price sensitivity to interest rate changes in the 2–10 year maturity segment) detracted from relative performance as the yield curve flattened. Positioning & Outlook We’re slightly long in our risk posture. All-in yields are attractive, and our team’s investment philosophy emphasizes income, resulting in a procyclical tilt in portfolios. We’re cautiously constructive on the U.S. outlook, expecting slower but above-trend growth amid higher energy costs and persistent inflation. Labor markets should remain range-bound, consistent with a late-cycle environment. Ten-year yields are likely to remain range-bound, with credit spreads biased modestly wider. Key risks have shifted toward energy prices, curve dynamics, and late-cycle financial stress. Duration 2 is modestly long to benefit from potential Fed easing and offset pro-risk positioning, though timing remains uncertain given...
Merz Promises Fico A Spanking For Slovak Leader's Moscow V-Day Trip Slovak Prime Minister Robert Fico was once again this year the only EU leader to visit Moscow for Russia's Victory Day commemorative WW2 celebrations on Saturday, which has drawn a predictable and fierce rebuke from Germany and European officials. This was the second time Fico attended V-Day celebrations, after a similar controver...
Merz Promises Fico A Spanking For Slovak Leader's Moscow V-Day Trip Slovak Prime Minister Robert Fico was once again this year the only EU leader to visit Moscow for Russia's Victory Day commemorative WW2 celebrations on Saturday, which has drawn a predictable and fierce rebuke from Germany and European officials. This was the second time Fico attended V-Day celebrations, after a similar controversial visit last year. German Chancellor Friedrich Merz in particular chastised Fico with scolding words, as if Fico was being called to the principal's office. "We will talk with him about this day in Moscow today," he said . "We are celebrating Europe Day here in Stockholm today. And this is something completely different." picture alliance/Getty Images One apt and hilariously sarcastic headline said that " Merz promised Fico a spanking for a trip to Moscow on May 9." Merz also said he "deeply regretted" Fico's trip while asserting it did not reflect the EU's "common view". Fico has not only been intensely skeptical of European aid to Ukraine, but Slovakia has also remained heavily dependent on Russian energy. As for President Putin, he received Fico and said: "I know there were some difficulties with your trip to Moscow. But the important thing is that you're here." These 'difficulties' included several European states having refused to let let the Slovak leader's plane use their airspace on his way to Moscow. "We welcome the gradual resumption of bilateral cooperation, which had effectively been put on hold by the previous Slovak authorities," said Putin. "We will do everything we can to meet the Slovak Republic’s energy needs . " Still, Fico didn't attend the full array of V-Day events. He met with Putin, but skipped the main military parade events at Red Square, and instead solemnly laid flowers on Friday at the Tomb of the Unknown Soldier , which is Russia's central memorial to millions of Soviet soldiers who died fighting against Nazi Germany. Fico deflected ongoing ...
Intel’s US$440 bil six-week surge has short sellers circling Yahoo Finance Singapore Intel's stock is up but the comeback is still underway Reuters Intel's Stock Keeps Hitting New Highs. Here's How Much Traders Expect It Could Move This Week Investopedia
Intel’s US$440 bil six-week surge has short sellers circling Yahoo Finance Singapore Intel's stock is up but the comeback is still underway Reuters Intel's Stock Keeps Hitting New Highs. Here's How Much Traders Expect It Could Move This Week Investopedia
Oracle Corporation (NYSE:ORCL) is included among the 10 Best Robinhood Stocks to Buy According to Billionaires. On May 8, Arete analyst Adam Shepherd upgraded Oracle Corporation (NYSE:ORCL) to Buy from Neutral and set a $255 price target on the stock. The firm said supply constraints in graphics processing units are helping industry economics. It also […]
Oracle Corporation (NYSE:ORCL) is included among the 10 Best Robinhood Stocks to Buy According to Billionaires. On May 8, Arete analyst Adam Shepherd upgraded Oracle Corporation (NYSE:ORCL) to Buy from Neutral and set a $255 price target on the stock. The firm said supply constraints in graphics processing units are helping industry economics. It also […]
Bain Capital and LY Corp. have submitted a joint offer to acquire Tokyo-listed Kakaku.com Inc. , the $3.7 billion price comparison site operator fielding a takeover by EQT AB . US private equity fund Bain and SoftBank Corp. -affiliate LY have offered to buy all of Kakaku’s shares, launching a bidding war, people familiar with the matter said. LY, which operates one of Japan’s largest search engine...
Bain Capital and LY Corp. have submitted a joint offer to acquire Tokyo-listed Kakaku.com Inc. , the $3.7 billion price comparison site operator fielding a takeover by EQT AB . US private equity fund Bain and SoftBank Corp. -affiliate LY have offered to buy all of Kakaku’s shares, launching a bidding war, people familiar with the matter said. LY, which operates one of Japan’s largest search engines Yahoo Japan, seeks synergies with Kakaku’s Japanese price comparison services and restaurant search portal Tabelog, the people said, asking not to be named as the talks are private. Kakaku is comparing the two offers and will reach a decision soon, one of the people said. A representative for Bain said the fund has submitted a joint proposal with LY to take Kakaku private, but declined to comment on the details. A spokesperson for LY said the company has made an offer to acquire Kakaku, declining to comment further. A Kakaku representative did not immediately respond to an e-mailed request for comment. Read more: EQT Is Said to Consider Takeover of Tokyo-Listed Kakaku.com Deals to acquire Japanese companies are on the rise due to corporate governance reforms and a weak yen. Mergers and acquisitions involving Japanese companies have hit ¥39 trillion ($247 billion) in value as of Tuesday, 70% higher from the same period in 2025, when such deals hit an annual record. Kakaku, whose market capitalization stands at around ¥578 billion, is 20.6% owned by business incubator Digital Garage Inc. , with KDDI Corp. holding a 17.7% stake, according to data compiled by Bloomberg. Hong Kong activist fund Oasis Management holds 17.2%.
(RTTNews) - Telecom major Vodafone Group Plc (VOD.L, VOD) reported Tuesday a pre-tax profit in fiscal 2026, compared to prior year's loss, while attributable loss sharply narrowed from last year.
(RTTNews) - Telecom major Vodafone Group Plc (VOD.L, VOD) reported Tuesday a pre-tax profit in fiscal 2026, compared to prior year's loss, while attributable loss sharply narrowed from last year.