jbk_photography/iStock Editorial via Getty Images Mastercard ( MA ) ( MA:CA ) is looking to offload the real-time payments unit that it acquired from the Denmark-based Nets Group in 2019 for $3.2B, people familiar with the matter told the Financial Times . The Purchase, New York-based payments company has tapped investment bankers to lead the sale, the Thursday, March 26, FT report noted. The sale...
jbk_photography/iStock Editorial via Getty Images Mastercard ( MA ) ( MA:CA ) is looking to offload the real-time payments unit that it acquired from the Denmark-based Nets Group in 2019 for $3.2B, people familiar with the matter told the Financial Times . The Purchase, New York-based payments company has tapped investment bankers to lead the sale, the Thursday, March 26, FT report noted. The sale price is likely to be far lower than the price paid for the acquisition, some people reportedly said. Mastercard is said to have acquired the unit to shift away from being a pure card payments company towards a multi-rail payments group. The unit offering payments between accounts in Europe generates about $370M in annual revenue and ~$100M in EBITDA, according to one of the sources. However, it has reportedly acted as a drag on Mastercard's growth. More on Mastercard Mastercard: You Swipe, I Win Mastercard Incorporated (MA) M&A Call Transcript Visa Vs Mastercard: Why One Payment Giant Is The Better Buy For 2026 PayPal, Stripe, Visa, Mastercard are the latest to be warned about debanking by Trump administration Sports betting legalization tied to rise in credit delinquencies, NY Fed study finds
Amazon’s Big Spring Sale has delivered discounts on wearables like the latest Apple Watch SE 3 and Fitbit’s Charge 6 . But they’re not exactly cheap even though they’re on sale. If you want something under $100, the Fitbit Inspire 3 has returned to its all-time low price of $69.95 ($30 off) at Amazon , Best Buy , and Target . Fitbit Inspire 3 Where to Buy: $99.95 $69.95 at Amazon $99.95 $69.95 at ...
Amazon’s Big Spring Sale has delivered discounts on wearables like the latest Apple Watch SE 3 and Fitbit’s Charge 6 . But they’re not exactly cheap even though they’re on sale. If you want something under $100, the Fitbit Inspire 3 has returned to its all-time low price of $69.95 ($30 off) at Amazon , Best Buy , and Target . Fitbit Inspire 3 Where to Buy: $99.95 $69.95 at Amazon $99.95 $69.95 at Walmart $99.95 $69.95 at Best Buy The wearable nails the essentials, accurately tracking basic health and fitness metrics. It’s a fine choice if you only want to track steps, though it can go deeper, offering features such as irregular heart rate alerts, sleep insights, and tools for managing stress. The tracker itself is lightweight and comfortable enough to wear while you sleep ( The Verge ’s Victoria Song sometimes forgot she was even wearing it). Details are easy to read on its bright OLED display, and the tracker can last up to ten days on a single charge. If you don’t want to wear it on your wrist, you can remove it from the band and use it with a clip attachment instead . Unsurprisingly, this budget-friendly Fitbit lacks features found in pricier models. You’ll need to pay more to get advanced health tools like blood oxygen tracking and EKGs. There’s also no contactless payments, built-in GPS, or smart features like support for Amazon Alexa or Google Assistant (most of which the Fitbit Charge 6 offers). Instead, the tracker just sticks to simple notifications, alarms, and timers, which keeps things easy to use and avoids unnecessary distractions. Read our hands-on impressions of the Fitbit Inspire 3.
By Karen Roman Vinson & Elkins said it represented Aligned Data Centers in the closing of a new $2.58 billion credit facility to support the rapid expansion of its U.S. data center portfolio. The credit facility is secured by an initial collateral pool of six high-performing, well-progressed assets within the company’s portfolio and comprises an […]
By Karen Roman Vinson & Elkins said it represented Aligned Data Centers in the closing of a new $2.58 billion credit facility to support the rapid expansion of its U.S. data center portfolio. The credit facility is secured by an initial collateral pool of six high-performing, well-progressed assets within the company’s portfolio and comprises an […]
Labour MP who led the charge against the Blair government’s plans for prolonged detention of terrorist suspects For much of his career, David Winnick, Labour MP for 42 years – representing Walsall North for 38 of them – was a dogged parliamentarian, originally of the Tribunite left and never aspiring to ministerial office. Yet he will be best remembered for an act of singular courage when he succe...
Labour MP who led the charge against the Blair government’s plans for prolonged detention of terrorist suspects For much of his career, David Winnick, Labour MP for 42 years – representing Walsall North for 38 of them – was a dogged parliamentarian, originally of the Tribunite left and never aspiring to ministerial office. Yet he will be best remembered for an act of singular courage when he succeeded in defeating the plans of the Blair government in its Iraq war-era attempt to hold terrorist suspects for up to 90 days without charge. Winnick, who has died aged 92, had supported the invasion of Iraq in 2003, but took his stand on civil liberties grounds and, much to the aggravation of ministers, led the charge against the prolonged detention proposal in the Commons in 2005 – and then in the home affairs committee against a further attempt by the subsequent Brown administration to hold suspects for 42 days . Winnick’s successful amendment limited the term to 28 days; the vote against the terror bill was the first defeat for the Labour goverment, nine years after taking power. Continue reading...
hh5800/E+ via Getty Images Wall Street pulled back on Thursday as a selloff in technology stocks dragged down the major averages, sending the Nasdaq Composite ( COMP:IND ) down 2% amid escalating U.S.-Iran tensions that continue to rattle markets. Furthermore, market breadth within the Nasdaq-100 ( NDX ) remains notably weak, with 81 of its 100 constituents trading lower during the session—highlig...
hh5800/E+ via Getty Images Wall Street pulled back on Thursday as a selloff in technology stocks dragged down the major averages, sending the Nasdaq Composite ( COMP:IND ) down 2% amid escalating U.S.-Iran tensions that continue to rattle markets. Furthermore, market breadth within the Nasdaq-100 ( NDX ) remains notably weak, with 81 of its 100 constituents trading lower during the session—highlighting a widespread wave of selling pressure rather than a handful of isolated declines and suggesting a more pervasive risk-off tone across the index. Market breadth within the Nasdaq-100 ( NDX ) also remains notably weak, with 61 of its 100 constituents trading lower on the session, underscoring broad-based selling pressure rather than isolated declines. Outlined below are the Nasdaq-100’s ( NDX ) worst-performing stocks in Thursday’s trading session. Applovin Corporation ( APP ), -10.7%. Lam Research Corporation ( LRCX ), -9.1%. Meta Platforms, Inc. ( META ), -8.5%. Seagate Technology Holdings ( STX ), -8.2%. Applied Materials, Inc. ( AMAT ), -7.7%. Micron Technology, Inc. ( MU ), -7.5%. Western Digital Corporation ( WDC ), -6.8%. Advanced Micro Devices, Inc. ( AMD ), -6.7%. Intel Corporation ( INTC ), -6.4%. KLA Corporation ( KLAC ), -5.2%. Nasdaq ETFs: ( QQQ ), ( QQQM ), ( SQQQ ), ( TQQQ ), ( QLD ), and ( QID ). More on markets 20 dividend stocks to watch as the Middle East conflict continues to shake markets OECD lifts G20 inflation outlook as rising energy prices impact global markets Exxon Mobil tops Nvidia in valuation amid the ongoing Middle East conflict Consumer staples stocks flash oversold signals as sector slides AI boom and an economic bust: Citrini Scenario gains momentum in prediction markets
Baris-Ozer Wave Life Sciences ( WVE ) plunged nearly 50% on Thursday to reach a 52-week low as analysts argued that updated results from an early-stage trial for its weight-loss drug WVE-007 missed their expectations. In December, Wave ( WVE ) reported three-month data from a Phase 1 portion of its INLIGHT trial, indicating that overweight or obese individuals who received a single 240 mg dose wit...
Baris-Ozer Wave Life Sciences ( WVE ) plunged nearly 50% on Thursday to reach a 52-week low as analysts argued that updated results from an early-stage trial for its weight-loss drug WVE-007 missed their expectations. In December, Wave ( WVE ) reported three-month data from a Phase 1 portion of its INLIGHT trial, indicating that overweight or obese individuals who received a single 240 mg dose witnessed a 9.4% reduction in visceral fat. Additionally, they experienced a 3.2% increase in lean mass and a 4.5% reduction in total body fat in response to the RNA-based therapy. Shares of the company more than doubled in reaction. Thursday’s readout included three-month follow-up data from those who received WVE-007 at a 400 mg dose, which indicated a 5.0% placebo-adjusted reduction in visceral fat, a 0.7% reduction in total fat, and a 0.2% decline in lean mass. "Investors are likely discouraged by the 400 mg data at 3 months, which look similar on visceral fat as 240 mg and not as good on total fat and lean mass," noted Leerink Partners analyst Joseph P. Schwartz. "Wave delivered half of what we were hoping to see for WVE-007," added Cantor analyst Steve Seedhouse. However, Wave ( WVE ) executives attributed the weaker results to the type of patients enrolled in the study. Medical chief Chris Wright noted in a conference call that the 400-mg cohort initiated with "notably healthier" body composition at baseline, including nearly 30% less visceral fat. According to CEO Paul Bolno, "substantially larger effects" are expected when WVE-007 advances to the Phase 2a multidose portion of INLIGHT for individuals with higher BMI and weight-related illnesses. B. Riley Securities analyst Madison El-Saadi said that the mid-stage trial expected to start in Q2 2026 will be critical before a proper evaluation of the obesity thesis can be carried out. More on Wave Life Sciences Wave Life Sciences Ltd. (WVE) Q4 2025 Earnings Call Transcript Wave Life Sciences: WVE-006 Now In Focu...
The atmosphere around the Federal Reserve has evolved as Chair Jerome Powell has grown more comfortable in press conferences, even amid legal and political pressure. Michael McKee, Bloomberg News international economics and policy correspondent, joins Ira Jersey, Bloomberg Intelligence chief US interest-rate strategist, and Will Hoffman, BI US and Canadian rates strategist, on this Macro Matters e...
The atmosphere around the Federal Reserve has evolved as Chair Jerome Powell has grown more comfortable in press conferences, even amid legal and political pressure. Michael McKee, Bloomberg News international economics and policy correspondent, joins Ira Jersey, Bloomberg Intelligence chief US interest-rate strategist, and Will Hoffman, BI US and Canadian rates strategist, on this Macro Matters edition of the FICC Focus podcast series to discuss this and other issues. The conversation explores
Investigative reporter Szabolcs Panyi covered story alleging foreign minister had passed information to Sergei Lavrov The Hungarian government has filed charges against one of the country’s most prominent investigative journalists, accusing him of spying for Ukraine, as officials grapple with the fallout of allegations that Budapest shared confidential EU information with Moscow. The claims of esp...
Investigative reporter Szabolcs Panyi covered story alleging foreign minister had passed information to Sergei Lavrov The Hungarian government has filed charges against one of the country’s most prominent investigative journalists, accusing him of spying for Ukraine, as officials grapple with the fallout of allegations that Budapest shared confidential EU information with Moscow. The claims of espionage cap off a tumultuous week in Hungarian politics, in which relations with the EU plummeted to new lows and polls suggested that Viktor Orbán’s Fidesz party is still lagging behind in support before next month’s election. Continue reading...
lcva2/iStock Editorial via Getty Images Microsoft ( MSFT ) has halted new hiring in some of its biggest divisions, including North American sales and Azure cloud, according to The Information . However, the hiring freeze is not company-wide, and Microsoft ( MSFT ) has historically slowed hiring or initiated layoffs as it draws closer to the end of its fiscal year, which is June 30. The hiring susp...
lcva2/iStock Editorial via Getty Images Microsoft ( MSFT ) has halted new hiring in some of its biggest divisions, including North American sales and Azure cloud, according to The Information . However, the hiring freeze is not company-wide, and Microsoft ( MSFT ) has historically slowed hiring or initiated layoffs as it draws closer to the end of its fiscal year, which is June 30. The hiring suspension stems from Microsoft's efforts to curb costs and strengthen margins, according to the report , which cites three current employees. The company continues to hire in other divisions, such as its engineering department. The freeze applies mainly to divisions of the company that sell software to large corporate customers in the U.S. and those that sell Azure to small and medium-sized businesses. It is intended to help close the "gross margin gap" between now and the end of the fiscal year. Microsoft has about 228,000 full-time employees, which has remained roughly the same since 2024. It currently has more than 200 open positions advertised on its company website, with the bulk of those related to AI. More on Microsoft Microsoft: Fortress Balance Sheet, Deep Value Microsoft: I'm Pounding The Table On This Market Misunderstanding Microsoft: Agentic AI May Be The 2-In-1 Recovery Catalyst Cloud infrastructure emerges as the quiet winner of the AI boom Microsoft revamps HR department
(RTTNews) - Henderson High Income Trust plc (HHI.L) on Thursday, reported a total net return after taxation of GBP60.0 million for 2025, compared with GBP26.0 million in 2024. This was supported by stronger gains on investments held at fair value through profit or loss.
(RTTNews) - Henderson High Income Trust plc (HHI.L) on Thursday, reported a total net return after taxation of GBP60.0 million for 2025, compared with GBP26.0 million in 2024. This was supported by stronger gains on investments held at fair value through profit or loss.
imaginima/iStock via Getty Images Hallador Energy ( HNRG ) up 6.1% in Thursday's trading as Jefferies upgraded shares to Buy from Hold with a $22.50 price target, raised from $17.50, saying the company locked in capacity hedges at ~$470/MW-day for two years, a price that "meaningfully exceeds its latest print" of $230/MW-day, and "curiously" only hedged through summer 2028, specifically leaving op...
imaginima/iStock via Getty Images Hallador Energy ( HNRG ) up 6.1% in Thursday's trading as Jefferies upgraded shares to Buy from Hold with a $22.50 price target, raised from $17.50, saying the company locked in capacity hedges at ~$470/MW-day for two years, a price that "meaningfully exceeds its latest print" of $230/MW-day, and "curiously" only hedged through summer 2028, specifically leaving open fall 2028 and beyond for presumed hyperscaler capacity offtake. Jefferies analyst Julien Dumoulin-Smith said the agreement points to a much tighter capacity market in MISO than expected, prompting him to raise his estimates for 2028 EBITDA and free cash flow by 14% and 22%, respectively, well above consensus, now valuing the base business excluding data center and gas deals at $15.5/share, 11% higher than his prior estimate. "This latest update not only appreciates the value in HNRG's core business but also creates a better setup for 515 MW gas expansion and a potential data center deal," Dumoulin-Smith wrote, and points to a more constrained market than expected in the near term and "multiple hyperscalers active in the region—Meta, Google, and Amazon—making us incrementally positive on multiple optionalities not currently reflected in Hallador shares. More on Hallador Energy Hallador Energy Q4 2025 Earnings Call Transcript Hallador: Capitalizing On MISO's Critical Capacity Grip Seeking Alpha’s Quant Rating on Hallador Energy