SL Green Realty ( SLG ) announced on Wednesday that it had completed a $1.65B refinancing of One Madison Avenue, securing a five-year, fixed-rate loan at 5.81%, or 181 basis points above the U.S. Treasury index. The transaction had replaced a $1.25B construction facility, carrying a $1.171B balance, and was expected to close in Q1 2026. The financing had been executed as a single-asset, single-bor...
SL Green Realty ( SLG ) announced on Wednesday that it had completed a $1.65B refinancing of One Madison Avenue, securing a five-year, fixed-rate loan at 5.81%, or 181 basis points above the U.S. Treasury index. The transaction had replaced a $1.25B construction facility, carrying a $1.171B balance, and was expected to close in Q1 2026. The financing had been executed as a single-asset, single-borrower CMBS deal, led by Wells Fargo Bank, N.A., alongside Goldman Sachs, J.P. Morgan, Bank of America, Deutsche Bank, and Crédit Agricole. Newmark’s Jordan Roeschlaub , Nick Scribani, and Ricky Braha advised SL Green on the transaction. Shares -2.17%. More on SL Green Realty SL Green: Too Opaque To Get Involved SL Green Realty: Pending Dividend Cut As Occupancy Ramps Higher SL Green Realty Corp. (SLG) Presents at Citi's Miami Global Property CEO Conference 2026 Transcript SL Green refinances corporate credit facility SL Green upgraded at Deutsche Bank on asset sales, leasing dynamics, occupancy gains
WilshireImages/iStock Editorial via Getty Images American Express ( AXP ) introduced on Wednesday its new Graphite Business Cash Unlimite d card and will debut a new Corporate Cash Back Card in the fall as it seeks to keep existing business customers and attract new ones. During the year, the company plans to release eight new or enhanced products that are designed to simplify financial operations...
WilshireImages/iStock Editorial via Getty Images American Express ( AXP ) introduced on Wednesday its new Graphite Business Cash Unlimite d card and will debut a new Corporate Cash Back Card in the fall as it seeks to keep existing business customers and attract new ones. During the year, the company plans to release eight new or enhanced products that are designed to simplify financial operations and improve productivity for businesses. The updates include new expense management software and a new ChatGPT Business statement credit for the U.S. Business Platinum and Business Gold Card. The company said it's the most significant commercial product expansion in AmEx's recent history. The range of new products underscores the intensity of competition for lending to businesses, while American Express ( AXP ) strives to keep a leading position. It's the biggest issuer of small business cards in the U.S., with more than 4.3M U.S. small business customers, it said. In addition, the majority of the 100 largest public U.S. companies are AmEx corporate customers. American Express ( AXP ) stock rose 1.7% in premarket trading. The new American Express Graphite Business Cash Unlimited card offers 2% cash back rewards on all eligible purchases and unlimited 5% cash back on flights and prepaid hotel bookings through American Express Travel, no preset spending limit, and the option to pay over time. Cardholders can unlock up to $2,400 in statement credits for use in the next calendar year on monthly fees for One AP, AmEx's accounts payable automation platform, after spending $250K on eligible purchases in the current calendar year. The card has a $295 annual fee. The Corporate Cash Back Card will offer a " straightforward way to earn cash back, plus service, security, and financial tools businesses need," integrations of a new expense management platform and statement credits on One AP, and corporate liability plus tailored underwriting to support different spending capacity needs....
Cognyte Software (CGNT) delivered earnings and revenue surprises of +900.00% and +0.04%, respectively, for the quarter ended January 2026. Do the numbers hold clues to what lies ahead for the stock?
Cognyte Software (CGNT) delivered earnings and revenue surprises of +900.00% and +0.04%, respectively, for the quarter ended January 2026. Do the numbers hold clues to what lies ahead for the stock?
Alphabets's Google will label verified investment apps on its app store in India, a move aimed at helping users spot legitimate trading platforms and avoid scams, a senior official at the country's markets regulator Securities and Exchange Board of India said on Wednesday. The move will allow only brokers and intermediaries registered with SEBI to carry a verified badge, helping user...
Alphabets's Google will label verified investment apps on its app store in India, a move aimed at helping users spot legitimate trading platforms and avoid scams, a senior official at the country's markets regulator Securities and Exchange Board of India said on Wednesday. The move will allow only brokers and intermediaries registered with SEBI to carry a verified badge, helping users identify legitimate platforms and distinguish them from fraudulent apps posing as them. (Reporting by Nishit Navin in Bengaluru; Editing by Tasim Zahid)
In this article ADS-DE ONON NKE Follow your favorite stocks CREATE FREE ACCOUNT On Holding has named co-founders David Allemann and Caspar Coppetti as co-CEOs, replacing Martin Hoffmann after a five-year tenure as CEO, as the Swiss sneaker maker looks to scale globally. The leadership shakeup comes as On is preparing to enter its "next growth phase," the company said in a statement Wednesday. On s...
In this article ADS-DE ONON NKE Follow your favorite stocks CREATE FREE ACCOUNT On Holding has named co-founders David Allemann and Caspar Coppetti as co-CEOs, replacing Martin Hoffmann after a five-year tenure as CEO, as the Swiss sneaker maker looks to scale globally. The leadership shakeup comes as On is preparing to enter its "next growth phase," the company said in a statement Wednesday. On shares were down 4% in premarket trading. Stock Chart Icon Stock chart icon On shares year-to-date. Earlier this month, the company forecasted that sales growth would slow more than expected this year, sending shares sharply lower. "We don't want to build a brand just for the next years," Allemann told CNBC at the time, highlighting the company's "strategic premium play" including being selective in which franchises they push. On, which went public in 2021 on the New York Stock Exchange, has been taking market share from legacy competitors such as Nike and Adidas with innovative products in performance footwear and apparel. Allemann said the company managed to win over an "ageless athlete" and is taking additional market share in a variety of categories, including tennis and running. Allemann and Coppetti will assume their co-CEO roles on May 1. Hoffmann, who was also previously held the position of chief financial officer for 13 years, will remain as an advisor until March 2027, On said. In January, the company named Frank Sluis as CFO, also effective May 1. Scott Maguire will take on the role of president and chief operating officer. Hoffman led the company through its initial public offering in 2021 and through its three-year strategy to double sales by 2026 and become "the most premium global sportswear brand." "With the strategic roadmap for continued growth in place, the four partners collectively recognize that this is the right moment for Martin Hoffmann to step down," On said Wednesday, adding that Hoffman will pursue philanthropic interests. — CNBC's Gabrielle Fonr...
Kodiak AI ( KDK ) rallied in early trading on Wednesday after the company announced with partners Epirus and General Dynamics Land Systems the unveiling of the Leonidas Autonomous Ground Vehicle, described as a mobile, fully autonomous vehicle for counter-UAS, critical point defense, and homeland security missions. Kodiak ( KDK ) contributes the autonomous driving system for the weapon. Designed f...
Kodiak AI ( KDK ) rallied in early trading on Wednesday after the company announced with partners Epirus and General Dynamics Land Systems the unveiling of the Leonidas Autonomous Ground Vehicle, described as a mobile, fully autonomous vehicle for counter-UAS, critical point defense, and homeland security missions. Kodiak ( KDK ) contributes the autonomous driving system for the weapon. Designed for autonomous critical point defense counter-UAS operations, Leonidas AGV can rapidly deploy to pre-planned intercept points or maneuver across a perimeter to protect critical assets from the threat of individual, swarm or fiber-optic controlled drone attacks. The Leonidas AGV is well-suited for a range of missions, including the defense of military installations, forward operating bases, airports, ports, energy infrastructure, and major public events. The system’s autonomous and teleoperation modes allow operators to scale coverage, reposition dynamically, and maintain continuous coverage from drone threats. Chardan Research has a Buy rating on Kodiak AI ( KODK ) and a price target of $22. Analyst James McIlree and his team have modeled revenue and customer growth accelerating over the coming quarters for Kodiak ( KDK ) to create multiple catalysts. McIlree highlighted that KDK company trades at about 20% of Aurora Innovation's ( AUR ) enterprise value, reflecting greater awareness of Aurora and a stronger balance sheet. "But Kodiak has a much lower burn, a significant advantage in the industrial and defense markets, and we believe has a cost advantage in the long-haul market," he noted. Shares of Kodiak AI ( KDK ) were up 11.9% in premarket trading to $8.20. More on Kodiak AI, Inc. Kodiak AI: Growth At A High Cost Kodiak AI, Inc. (KDK) Q4 2025 Earnings Call Transcript Kodiak AI: Competition And Dilution Risk Undermine The Bull Case Kodiak AI joins hands with Bosch for autonomous trucking hardware Seeking Alpha’s Quant Rating on Kodiak AI, Inc.
Beijing has selected Zhang Dongmei, a former vice-president of the All-China Women’s Federation, as a new deputy director of the top office overseeing Hong Kong affairs, making her the first woman to take on the role since the body’s status was elevated in 2023. Zhang’s appointment as the new deputy head of the Hong Kong and Macau Affairs Office (HKMAO) fills the vacancy left by the departure of X...
Beijing has selected Zhang Dongmei, a former vice-president of the All-China Women’s Federation, as a new deputy director of the top office overseeing Hong Kong affairs, making her the first woman to take on the role since the body’s status was elevated in 2023. Zhang’s appointment as the new deputy head of the Hong Kong and Macau Affairs Office (HKMAO) fills the vacancy left by the departure of Xiang Bin, a party group member of the office, earlier this year. The State Council’s decision was...