Kodiak Gas Services Inc. ( KGS ) on Wednesday said its subsidiary, Kodiak Gas Services LLC, launched a private offering of $750 million in senior unsecured notes due 2031. The company said it intends to use the net proceeds, along with cash and funds available under its revolving asset-based loan credit facility, to redeem all outstanding 7.25% senior notes due 2029. Kodiak also expects to use amo...
Kodiak Gas Services Inc. ( KGS ) on Wednesday said its subsidiary, Kodiak Gas Services LLC, launched a private offering of $750 million in senior unsecured notes due 2031. The company said it intends to use the net proceeds, along with cash and funds available under its revolving asset-based loan credit facility, to redeem all outstanding 7.25% senior notes due 2029. Kodiak also expects to use amounts available under the credit facility to fund the acquisition of 100% of the membership interests of Distributed Power Solutions. The notes will be offered in a private placement to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S. KGS is -0.36% to $56.275. Source: Press Release More on Kodiak Gas Services Kodiak Gas Services, Inc. (KGS) Q4 2025 Earnings Call Transcript Kodiak Gas Services, Inc. (KGS) Distributed Power Solutions, Inc. - M&A Call - Slideshow Kodiak Gas Services, Inc. (KGS) M&A Call Transcript Kodiak Gas Services outlines plans for 750,000 new horsepower deployments through 2030 amid record margin performance Kodiak Gas Services to buy Distributed Power Solutions in $675M cash and stock deal
Jeff Currie, chief strategy officer at Carlyle Energy Pathways, says the Iran war is already impacting the entire global energy supply chain and it will take months to unwind the damage. He warns "keep the hoarding down." Currie speaks on Bloomberg Surveillance. (Source: Bloomberg)
Jeff Currie, chief strategy officer at Carlyle Energy Pathways, says the Iran war is already impacting the entire global energy supply chain and it will take months to unwind the damage. He warns "keep the hoarding down." Currie speaks on Bloomberg Surveillance. (Source: Bloomberg)
sansa55/iStock via Getty Images Sibanye Stillwater Limited ( SBSW ) is a cyclical stock, making it essential to have a forward-looking view of its influencing variables instead of anchoring realised results. I previously covered Sibanye in March 2025, where I communicated a hold rating. I acknowledge the stock's strong year-over-year run-up. However, I've decided to downsize my exposure to Sibanye...
sansa55/iStock via Getty Images Sibanye Stillwater Limited ( SBSW ) is a cyclical stock, making it essential to have a forward-looking view of its influencing variables instead of anchoring realised results. I previously covered Sibanye in March 2025, where I communicated a hold rating. I acknowledge the stock's strong year-over-year run-up. However, I've decided to downsize my exposure to Sibanye because I foresee a cyclical peak emerging; herewith are my latest thoughts. Assessing Sibanye's Recent Performance I think the best way to make sense of Sibanye's recent performance would be to roll back to a 2020 - 2024 timeframe. For those who recall, Sibanye delivered robust operating margins during fiscal years 2020 and 2022 (Figure 1). However, we saw a drop-off between the years 2023 until ~mid-2025- the reasons for the disparity is expanded upon later in the article. Figure 1 (Seeking Alpha) In relation to its fundamental performance, we saw Sibanye's stock surge between 2021 and mid-2022. A steep drop-off was observed in late fiscal 2022 until 2025. A sharp recovery followed in 2025 - Sibanye's price returns have reached ~285% year-over-year. Data by YCharts How have I positioned in and out of Sibanye these past few years? Sticking to my post-2024 views, I turned bullish on Sibanye's prospects as a deep value play in late 2024. The stock increased sharply into 2025, subsequently leading me into a market neutral outlook in March, 2025. My idea in March, 2025 was: maintain bullish exposure to Sibanye's subsidiary , DRDGold ( DRD ) and sell out of Sibanye. Although DRDGold has delivered a total return in excess of 240% since I last covered it in late 2024 (link here), I evidently started doubting Sibanye too early. Side Note: In my late-2024 DRDGold call, I stated: "I hold a bullish view on Gold prices amid U.S. dollar weakness and economic tail risk." - my thought at the time centred on the USD Index ( DXY ) facing cyclical weakness, which set-up a perfect opportuni...
Top 5 Initiations: BofA initiated coverage of Ligand (LGND) with a Buy rating and $244 price target. Citing a portfolio of more than 100 high-value commercial and development assets, increasing needs for flexible, non-dilutive capital in the industry and a lean cost structure, BofA contends that the biopharma royalty firm can continue to deliver on its "aggressive earnings targets." Barclays initi...
Top 5 Initiations: BofA initiated coverage of Ligand (LGND) with a Buy rating and $244 price target. Citing a portfolio of more than 100 high-value commercial and development assets, increasing needs for flexible, non-dilutive capital in the industry and a lean cost structure, BofA contends that the biopharma royalty firm can continue to deliver on its "aggressive earnings targets." Barclays initiated coverage of Nova (NOVA) with an Overweight rating and $465 price target. As the industry transitions to more metrologically intensive technologies, Nova has "multiple avenues of growth" amid accelerating wafter fab equipment spending, the firm tells investors in a research note. Wells Fargo initiated coverage of Harley-Davidson (HOG) with an Underweight rating and $15 price target. The company has "suffered years of underperformance" and the firm sees "no clear relief in sight" as demand remains poor, dealer health seems challenged, and questions remain around the direction of the business. \Wells Fargo initiated coverage of Hasbro (HAS) with an Equal Weight rating and $98 price target. Wells sees a balanced risk/reward at current share levels.
Oracle ( ORCL ) declares $0.50/share quarterly dividend , in line with previous. Forward yield 1.19% Payable April 24; for shareholders of record April 9; ex-div April 9. See ORCL Dividend Scorecard, Yield Chart, & Dividend Growth. More on Oracle Oracle: Heavy Capex, Heavy Debt, Heavy Upside Oracle Corporation (ORCL) Q3 2026 Earnings Call Transcript Oracle: Trust The Math (Rating Downgrade) Oracle...
Oracle ( ORCL ) declares $0.50/share quarterly dividend , in line with previous. Forward yield 1.19% Payable April 24; for shareholders of record April 9; ex-div April 9. See ORCL Dividend Scorecard, Yield Chart, & Dividend Growth. More on Oracle Oracle: Heavy Capex, Heavy Debt, Heavy Upside Oracle Corporation (ORCL) Q3 2026 Earnings Call Transcript Oracle: Trust The Math (Rating Downgrade) Oracle surges after 'strong' Q3 and outlook, gets upgrade at J.P. Morgan Oracle delivers 'even better than it looks' quarter, DA Davidson analyst, Gil Luria says
She told MPs on the Treasury committee earlier on Wednesday that it is "much too early" to guess where petrol prices will be in September and she is "very loath to spend government money on something that the market should be doing".
She told MPs on the Treasury committee earlier on Wednesday that it is "much too early" to guess where petrol prices will be in September and she is "very loath to spend government money on something that the market should be doing".
Eli Lilly has pledged an additional US$3 billion investment in China over the next decade to strengthen its local supply chain and manufacturing capabilities, deepening the footprint of foreign pharmaceutical giants in the world’s second-largest healthcare market The move would bring the total cumulative investment of Eli Lilly, the world’s largest pharmaceutical company by market capitalisation, ...
Eli Lilly has pledged an additional US$3 billion investment in China over the next decade to strengthen its local supply chain and manufacturing capabilities, deepening the footprint of foreign pharmaceutical giants in the world’s second-largest healthcare market The move would bring the total cumulative investment of Eli Lilly, the world’s largest pharmaceutical company by market capitalisation, in China to nearly US$6 billion, according to a statement released on its WeChat account on Wednesday. “This investment … underscores our strategic layout and firm commitment to the future,” said Edgardo Hernandez, executive vice-president and president of manufacturing operations at the US giant. Advertisement The centrepiece of the new investment is the establishment of a domestic production and supply system for oral solid preparations. Eli Lilly plans to build high-volume manufacturing capacity for orforglipron, its first-in-class oral small-molecule GLP-1 receptor agonist currently under review for the treatment of type 2 diabetes and obesity. Local and global players are racing to capture share in China’s GLP-1 market, which has been heating up as the patent on Novo Nordisk’s semaglutide is expiring this month, opening the door for a wave of Chinese generics to challenge its dominance. Eli Lilly’s move comes as China deals with about 148 million people with type 2 diabetes and more than 500 million overweight and obese individuals. Photo: Shutterstock At the same time, Eli Lilly said it would expand its reach through strategic partnerships with domestic leaders, including Pharmaron Beijing, a prominent contract research and manufacturing organisation. Eli Lilly would invest US$200 million to support Pharmaron’s technical capacity building, with the potential for further scale-up as the project evolved.
IDT Corporation ( IDT ) declares $0.07/share quarterly dividend , 16.7% increase from prior dividend of $0.06. Forward yield 0.54% Payable March 31; for shareholders of record March 19; ex-div March 19. See IDT Dividend Scorecard, Yield Chart, & Dividend Growth. More on IDT Corporation IDT Corporation (IDT) Q2 2026 Earnings Call Transcript IDT raises 2026 adjusted EBITDA guidance to $147M-$149M as...
IDT Corporation ( IDT ) declares $0.07/share quarterly dividend , 16.7% increase from prior dividend of $0.06. Forward yield 0.54% Payable March 31; for shareholders of record March 19; ex-div March 19. See IDT Dividend Scorecard, Yield Chart, & Dividend Growth. More on IDT Corporation IDT Corporation (IDT) Q2 2026 Earnings Call Transcript IDT raises 2026 adjusted EBITDA guidance to $147M-$149M as digital and AI initiatives accelerate Seeking Alpha’s Quant Rating on IDT Corporation Historical earnings data for IDT Corporation Dividend scorecard for IDT Corporation
BK Technologies Corporation ( BKTI ) on Wednesday said it has launched LocateONE LITE, a software product designed to provide off-grid location awareness for first responders. The software integrates with the Android Team Awareness Kit mapping application and uses the company’s BKR 9000 and BKR 5000 radios as gateways for location reporting, allowing teams to share real-time positions on Android d...
BK Technologies Corporation ( BKTI ) on Wednesday said it has launched LocateONE LITE, a software product designed to provide off-grid location awareness for first responders. The software integrates with the Android Team Awareness Kit mapping application and uses the company’s BKR 9000 and BKR 5000 radios as gateways for location reporting, allowing teams to share real-time positions on Android devices. BK Technologies said the software does not require additional hardware and is designed for operations in environments without cellular or broadband connectivity, such as wildland firefighting and other remote deployments. The company plans to showcase LocateONE LITE at the International Wireless Communications Expo in Las Vegas from March 16 to 19. Source: Press Release More on BK Technologies BK Technologies: The Run-Up Is Just The Beginning Seeking Alpha’s Quant Rating on BK Technologies Historical earnings data for BK Technologies Financial information for BK Technologies
Saudi Arabia told OPEC it ramped up crude production last month by roughly 8% ahead of the conflict in the Middle East, data from the group showed. The kingdom notified OPEC it pumped 10.882 million barrels a day in February, up from 10.1 million a day in January, according to a monthly report published by OPEC’s secretariat in Vienna. Tanker-tracking data compiled by Bloomberg indicated that both...
Saudi Arabia told OPEC it ramped up crude production last month by roughly 8% ahead of the conflict in the Middle East, data from the group showed. The kingdom notified OPEC it pumped 10.882 million barrels a day in February, up from 10.1 million a day in January, according to a monthly report published by OPEC’s secretariat in Vienna. Tanker-tracking data compiled by Bloomberg indicated that both the Saudis and Iran accelerated exports before the war, which began with a joint US-Israeli strike on Iran on Feb. 28. Last year, the Saudis and other Persian Gulf producers ramped up exports ahead of the US attack on Iran’s nuclear facilities, in an attempt to position some supplies away from the conflict. The report from the Organization of the Petroleum Exporting Countries also included other output metrics. It showed the Saudis communicated a lesser-used measure to the secretariat called supply-to-market, which was at 10.111 million barrels a day in February, but didn’t include a comparison with January. In addition, data compiled from seven external companies — known as secondary sources — showed Saudi production roughly steady in February, at 10.11 million barrels a day.