1 hr. ago
One Knox SC took the advantage with two goals in the first half before giving up just as many against AC Boise, finishing the game in a 2-2 draw Aug. 22 at Covenant Health Park.
After earning draws with late goal in each of the past two matches, Knoxville fell victim to the tying goal in the 83rd minute to have points stolen away.
"This is deflating because you when you score two goals at home, I expect us to win," head coach Ian Fuller said. "There's a lot to be frustrated with, but certainly not by the buy-in and the fight."
Buy One Knox tickets!
The match was defined by physicality, which turned into flared tempers in stoppage time. One Knox conceded 24 fouls and was given three yellow cards. Boise conceded 14 fouls and earned two yellow cards.
#goals #cards #covenant
After earning draws with late goal in each of the past two matches, Knoxville fell victim to the tying goal in the 83rd minute to have points stolen away.
"This is deflating because you when you score two goals at home, I expect us to win," head coach Ian Fuller said. "There's a lot to be frustrated with, but certainly not by the buy-in and the fight."
Buy One Knox tickets!
The match was defined by physicality, which turned into flared tempers in stoppage time. One Knox conceded 24 fouls and was given three yellow cards. Boise conceded 14 fouls and earned two yellow cards.
#goals #cards #covenant
11 days ago
Chicago Cubs starter Edward Cabrera, on a rehab **** ignment with the Smokies in Knoxville, held Rocket City hitless through five innings before the visiting Trash Pandas rallied for a 6-1 win Aug. 11.
The Trash Pandas scored six unanswered runs off Smokies relievers after Cabrera left the game at Covenant Health Park.
Cabrera had seven strikeouts and finished his start retiring 13 straight batters. The only baserunner to reach base came from a two-out walk in the first inning.
"That's kind of how you draw it up," Smokies manager Lance Rymel told Knox News. "Really, really electric stuff."
Knoxville's only run came from an RBI double by Ariel Armas in the second inning.
#cabrera #really #inning #Cubs
The Trash Pandas scored six unanswered runs off Smokies relievers after Cabrera left the game at Covenant Health Park.
Cabrera had seven strikeouts and finished his start retiring 13 straight batters. The only baserunner to reach base came from a two-out walk in the first inning.
"That's kind of how you draw it up," Smokies manager Lance Rymel told Knox News. "Really, really electric stuff."
Knoxville's only run came from an RBI double by Ariel Armas in the second inning.
#cabrera #really #inning #Cubs
12 days ago
Interested in TeleTech Holdings, Inc.? Here are five stocks we like better.
Q2 results declined year over year: Revenue fell 11.3% to $455 million, while adjusted EBITDA dropped to $39 million from $52 million, pressured by weakness in the Engage segment.
Engage faces client and profitability challenges: Revenue declined 12.1% as public-sector and technology clients came under pressure. TTEC is reviewing a high-single-digit number of underperforming engagements and lowered its full-year Engage revenue and margin outlook.
Digital strategic review and balance-sheet actions underway: TTEC began reviewing strategic alternatives for its Digital business while reiterating its full-year Digital guidance. Net debt fell to $767 million, and covenant flexibility from lenders is expected to support liquidity.
TeleTech (NASDAQ:TTEC) reported second-quarter results that fell short of its plan, as revenue and profitability declined from a year earlier amid pressure in its Engage segment. Management said it is pursuing cost reductions, operational changes and client profitability reviews while beginning a strategic-alternatives review for its TTEC Digital business.
#engage #digital #revenue #declined
Q2 results declined year over year: Revenue fell 11.3% to $455 million, while adjusted EBITDA dropped to $39 million from $52 million, pressured by weakness in the Engage segment.
Engage faces client and profitability challenges: Revenue declined 12.1% as public-sector and technology clients came under pressure. TTEC is reviewing a high-single-digit number of underperforming engagements and lowered its full-year Engage revenue and margin outlook.
Digital strategic review and balance-sheet actions underway: TTEC began reviewing strategic alternatives for its Digital business while reiterating its full-year Digital guidance. Net debt fell to $767 million, and covenant flexibility from lenders is expected to support liquidity.
TeleTech (NASDAQ:TTEC) reported second-quarter results that fell short of its plan, as revenue and profitability declined from a year earlier amid pressure in its Engage segment. Management said it is pursuing cost reductions, operational changes and client profitability reviews while beginning a strategic-alternatives review for its TTEC Digital business.
#engage #digital #revenue #declined
22 days ago
The Knoxville Smokies needed just one good swing, but a bases-loaded groundout in the bottom of the ninth inning gave the visiting Penscola Blue Wahoos their third win of the series July 31 at Covenant Health Park.
After losing 5-4, Knoxville must win Saturday and Sunday to split the six-game series.
Right fielder Andy Garriola was called out for batter's interference as center fielder Alex Ramirez was caught stealing, giving the Smokies their first and second outs of the ninth inning. Knoxville loaded the bases, but first baseman Edgar Alvarez grounded out to end the game.
The Smokie went 2-for-13 with runners in scoring position, leaving 12 runners on base.
"We were probably one hit away probably three or four at-bats tonight," Smokies manager Lance Rymel told Knox News. "And the timely hitting just didn't get it done."
#smokies #ninth #first
After losing 5-4, Knoxville must win Saturday and Sunday to split the six-game series.
Right fielder Andy Garriola was called out for batter's interference as center fielder Alex Ramirez was caught stealing, giving the Smokies their first and second outs of the ninth inning. Knoxville loaded the bases, but first baseman Edgar Alvarez grounded out to end the game.
The Smokie went 2-for-13 with runners in scoring position, leaving 12 runners on base.
"We were probably one hit away probably three or four at-bats tonight," Smokies manager Lance Rymel told Knox News. "And the timely hitting just didn't get it done."
#smokies #ninth #first
26 days ago
Covenant Health Park will return to form as a baseball diamond, with the Knoxville Smokies back in town for their July 28-Aug. 2 series against the Pensacola Blue Wahoos after two weeks away.
The playoff-bound Smokies − still first place in the Southern League North − went 3-6 on their road trip following the MLB All-Star break.
The Smokies have been missing catcher Owen Ayers, who was promoted after Knoxville's last homestand to the Triple-A Iowa Cubs alongside the Southern League Pitcher of the Month for June, Jace Beck. Ayers is now the Cubs' No. 3 prospect, according to the MLB Pipeline's updated top prospects list.
Right-handed pitcher Luis Gomez-Martinez highlighted the Smokies' 3-3 split with the Rocket City Trash Pandas. Activated from the 60-day injured list July 17, Martinez-Gomez struck out a career-best 12 batters in the Smokies' win July 24. He didn't walk a batter in six innings and gave up just one earned run.
Get tickets to see the Knoxville Smokies play
#league #pitcher
The playoff-bound Smokies − still first place in the Southern League North − went 3-6 on their road trip following the MLB All-Star break.
The Smokies have been missing catcher Owen Ayers, who was promoted after Knoxville's last homestand to the Triple-A Iowa Cubs alongside the Southern League Pitcher of the Month for June, Jace Beck. Ayers is now the Cubs' No. 3 prospect, according to the MLB Pipeline's updated top prospects list.
Right-handed pitcher Luis Gomez-Martinez highlighted the Smokies' 3-3 split with the Rocket City Trash Pandas. Activated from the 60-day injured list July 17, Martinez-Gomez struck out a career-best 12 batters in the Smokies' win July 24. He didn't walk a batter in six innings and gave up just one earned run.
Get tickets to see the Knoxville Smokies play
#league #pitcher
30 days ago
Last year, the United Soccer League began looking at Pensacola to set up a new team for its USL League One, but one of the biggest questions beyond who would invest in a team is where a team would play. Blue Wahoos Stadium may be the only viable answer.
Pensacola Mayor D.C. Reeves told the News Journal that the city will conduct a feasibility study into converting Blue Wahoos Stadium to host a soccer team along with the Minor League Baseball team.
“This is a feasibility study in every form of the word,” Reeves said. “Is this idea even possible? And if it turns out it is, then we can take another step.”
Several USL soccer teams share their stadiums with baseball teams, including Blue Wahoos' rival, the Knoxville Smokies, which shares the new Covenant Health Park with One Knoxville SC, a USL League One team.
USL, which has multiple levels, has been expanding in recent years as part of a plan to create a Division I league in 2028 that would compete for the same level of players as Major League Soccer. As part of that, it has been looking to start more teams at the Division III level, which is USL League One.
#team
Pensacola Mayor D.C. Reeves told the News Journal that the city will conduct a feasibility study into converting Blue Wahoos Stadium to host a soccer team along with the Minor League Baseball team.
“This is a feasibility study in every form of the word,” Reeves said. “Is this idea even possible? And if it turns out it is, then we can take another step.”
Several USL soccer teams share their stadiums with baseball teams, including Blue Wahoos' rival, the Knoxville Smokies, which shares the new Covenant Health Park with One Knoxville SC, a USL League One team.
USL, which has multiple levels, has been expanding in recent years as part of a plan to create a Division I league in 2028 that would compete for the same level of players as Major League Soccer. As part of that, it has been looking to start more teams at the Division III level, which is USL League One.
#team
1 month ago
Interested in Vistry Group PLC? Here are five stocks we like better.
Vistry Group expects a first-half loss before tax of about GBP 30 million after actions to reduce debt, but it is still holding its full-year adjusted profit guidance at around GBP 200 million.
New CEO Adam Daniels said the company will keep its partnership strategy, but it needs to run with much lower leverage and is reviewing operations, geography, land holdings, and overheads to make the business more capital efficient.
Despite weaker market conditions, Vistry expects a stronger second half with significant debt reduction and a year-end cash position above GBP 100 million; management also said banking relationships remain solid and there is no expectation of a covenant breach.
Vistry Group (LON:VTY) said it expects a first-half loss before tax of about GBP 30 million after cash-generation actions, while maintaining full-year adjusted profit guidance of around GBP 200 million and outlining plans to reduce leverage under new Chief Executive Adam Daniels.
Vistry Group expects a first-half loss before tax of about GBP 30 million after actions to reduce debt, but it is still holding its full-year adjusted profit guidance at around GBP 200 million.
New CEO Adam Daniels said the company will keep its partnership strategy, but it needs to run with much lower leverage and is reviewing operations, geography, land holdings, and overheads to make the business more capital efficient.
Despite weaker market conditions, Vistry expects a stronger second half with significant debt reduction and a year-end cash position above GBP 100 million; management also said banking relationships remain solid and there is no expectation of a covenant breach.
Vistry Group (LON:VTY) said it expects a first-half loss before tax of about GBP 30 million after cash-generation actions, while maintaining full-year adjusted profit guidance of around GBP 200 million and outlining plans to reduce leverage under new Chief Executive Adam Daniels.
2 months ago
Blake Burke was preparing to board a plane when he saw Andrew Fischer had been drafted by the Milwaukee Brewers.
Burke was the organization’s first-round pick the year prior and was heading home for the 2025 All-Star break when he saw the news. He knew exactly what the Brewers were getting in Fischer, who was coming off an All-America season at Tennessee. Burke, after all, was synonymous with the program’s rise to the top of college baseball as a centerpiece of the Vols’ 2024 national championship team.
While the two didn’t overlap at Tennessee – Fischer only played one season with the Vols – they knew each other from when Burke came back to train in the offseason. Burke reached out to offer his congratulations.
“He big-leagued me the first time I called him,” Burke said. “Didn’t get a text or a call back for a few days, but that’s all right. Getting him in the organization was pretty exciting because I didn’t get to play with him.”
The two are now not only playing together, but this week are doing so back in Knoxville with the Biloxi Shuckers, the Double-A affiliate of the Milwaukee Brewers, for a six-game series against the Smokies at Covenant Health Park.
Burke was the organization’s first-round pick the year prior and was heading home for the 2025 All-Star break when he saw the news. He knew exactly what the Brewers were getting in Fischer, who was coming off an All-America season at Tennessee. Burke, after all, was synonymous with the program’s rise to the top of college baseball as a centerpiece of the Vols’ 2024 national championship team.
While the two didn’t overlap at Tennessee – Fischer only played one season with the Vols – they knew each other from when Burke came back to train in the offseason. Burke reached out to offer his congratulations.
“He big-leagued me the first time I called him,” Burke said. “Didn’t get a text or a call back for a few days, but that’s all right. Getting him in the organization was pretty exciting because I didn’t get to play with him.”
The two are now not only playing together, but this week are doing so back in Knoxville with the Biloxi Shuckers, the Double-A affiliate of the Milwaukee Brewers, for a six-game series against the Smokies at Covenant Health Park.
2 months ago
Blake Burke was preparing to board a plane when he saw Andrew Fischer had been drafted by the Milwaukee Brewers.
Burke was the organization’s first-round pick the year prior and was heading home for the 2025 All-Star break when he saw the news. He knew exactly what the Brewers were getting in Fischer, who was coming off an All-America season at Tennessee. Burke, after all, was synonymous with the program’s rise to the top of college baseball as a centerpiece of the Vols’ 2024 national championship team.
While the two didn’t overlap at Tennessee – Fischer only played one season with the Vols – they knew each other from when Burke came back to train in the offseason. Burke reached out to offer his congratulations.
“He big-leagued me the first time I called him,” Burke said. “Didn’t get a text or a call back for a few days, but that’s all right. Getting him in the organization was pretty exciting because I didn’t get to play with him.”
The two are now not only playing together, but this week are doing so back in Knoxville with the Biloxi Shuckers, the Double-A affiliate of the Milwaukee Brewers, for a six-game series against the Smokies at Covenant Health Park.
Burke was the organization’s first-round pick the year prior and was heading home for the 2025 All-Star break when he saw the news. He knew exactly what the Brewers were getting in Fischer, who was coming off an All-America season at Tennessee. Burke, after all, was synonymous with the program’s rise to the top of college baseball as a centerpiece of the Vols’ 2024 national championship team.
While the two didn’t overlap at Tennessee – Fischer only played one season with the Vols – they knew each other from when Burke came back to train in the offseason. Burke reached out to offer his congratulations.
“He big-leagued me the first time I called him,” Burke said. “Didn’t get a text or a call back for a few days, but that’s all right. Getting him in the organization was pretty exciting because I didn’t get to play with him.”
The two are now not only playing together, but this week are doing so back in Knoxville with the Biloxi Shuckers, the Double-A affiliate of the Milwaukee Brewers, for a six-game series against the Smokies at Covenant Health Park.
2 months ago
New signals showing the health of the private credit market emerged in the second quarter of 2026, indicating a changed landscape as lenders and investors alike reassessed their exposure to the alternative ***** et class and once-favored sectors.
The war in Iran stymied hopes for a return of M&A and buyout activity that seemed to be taking shape in late 2025. This development compounded existing negativity for private credit in the wake of a rough start to 2026, after the release of Anthropic's Claude Cowork fueled a global sell-off of publicly traded software and IT companies and raised concerns about business models of software-as-a-service companies.
Matt Harvey, head of middle-market direct lending for PGIM's private capital business, said that prior to the US attack on Iran, reduced uncertainty over tariff policy had led to a burst of direct-lending activity, which amounted to "pent-up demand." For PGIM, Q4 2025 was the firm's busiest quarter on record. PGIM's direct lending business focuses on "real economy" borrowers, such as food and beverage; consumer services that are staples, such as home repairs; value-add industrial services and products, such as distribution logistics; and certain areas of healthcare. The business has little exposure to software. PGIM focuses on midsize companies generating EBITDA of $25-75 million.
"Valuations are starting to become a little more realistic," Harvey said. "Our pipeline has never been fuller on deals ready to go."
Pricing on a typical non-sponsored loan financing is approximately S+500, with 40-50% loan-to-value, 4x leverage, 60% equity, and 1-2 covenants, according to Harvey. This spread is wider than it was a year ago, he said.
The war in Iran stymied hopes for a return of M&A and buyout activity that seemed to be taking shape in late 2025. This development compounded existing negativity for private credit in the wake of a rough start to 2026, after the release of Anthropic's Claude Cowork fueled a global sell-off of publicly traded software and IT companies and raised concerns about business models of software-as-a-service companies.
Matt Harvey, head of middle-market direct lending for PGIM's private capital business, said that prior to the US attack on Iran, reduced uncertainty over tariff policy had led to a burst of direct-lending activity, which amounted to "pent-up demand." For PGIM, Q4 2025 was the firm's busiest quarter on record. PGIM's direct lending business focuses on "real economy" borrowers, such as food and beverage; consumer services that are staples, such as home repairs; value-add industrial services and products, such as distribution logistics; and certain areas of healthcare. The business has little exposure to software. PGIM focuses on midsize companies generating EBITDA of $25-75 million.
"Valuations are starting to become a little more realistic," Harvey said. "Our pipeline has never been fuller on deals ready to go."
Pricing on a typical non-sponsored loan financing is approximately S+500, with 40-50% loan-to-value, 4x leverage, 60% equity, and 1-2 covenants, according to Harvey. This spread is wider than it was a year ago, he said.
2 months ago
San Francisco Mayor Daniel Lurie recently reignited the simmering Major League Baseball Pride Night controversy, publicly rebuking Giants players who altered or refused to wear rainbow-themed caps — even as a federal investigation into the league’s handling of players’ religious objections remains active.
At a Pride Month fundraiser, Lurie publicly criticized the players who chose not to wear the rainbow uniforms or who spoke out against them – a story The Dallas Express has been covering since June.
A Recap of The Controversy
The issue began June 12, when three Giants pitchers – Landen Roupp, JT Brubaker and Ryan Walker – wrote a Bible verse, Genesis 9:12-16, on their Pride Night caps, which featured the team’s rainbow-colored logo. The passage the pitchers referenced describes God setting a rainbow in the sky as a sign of his covenant with Noah after the flood.
A fourth reliever, Sam Hentges, declined to wear the special cap altogether, opting for the team’s standard logo cap.
At a Pride Month fundraiser, Lurie publicly criticized the players who chose not to wear the rainbow uniforms or who spoke out against them – a story The Dallas Express has been covering since June.
A Recap of The Controversy
The issue began June 12, when three Giants pitchers – Landen Roupp, JT Brubaker and Ryan Walker – wrote a Bible verse, Genesis 9:12-16, on their Pride Night caps, which featured the team’s rainbow-colored logo. The passage the pitchers referenced describes God setting a rainbow in the sky as a sign of his covenant with Noah after the flood.
A fourth reliever, Sam Hentges, declined to wear the special cap altogether, opting for the team’s standard logo cap.
2 months ago
Is CVLG a good stock to buy? We came across a bullish thesis on Covenant Logistics Group, Inc. on TradersPro's Substack. In this article, we will summarize the bulls' thesis on CVLG. Covenant Logistics Group, Inc.'s share was trading at $44.81 as of June 15th. CVLG's trailing and forward P/E were 497.89 and 28.01 respectively according to Yahoo Finance.
Copyright: bialasiewicz / 123RF Stock Photo
Covenant Logistics Group, Inc. (CVLG) is positioned as a U.S.-based transportation and logistics operator benefiting from structural shifts in freight dynamics driven by tariff-related supply chain adjustments and tighter carrier capacity. The company operates across expedited trucking, dedicated contract carriage, managed freight brokerage, and warehousing, enabling it to serve customers requiring efficient, time-sensitive, and flexible freight solutions.
Read More: 15 AI Stocks That Are Quietly Making Investors Rich
Read More: Undervalued AI Stock Poised For Massive Gains: 10000% Upside Potential
Copyright: bialasiewicz / 123RF Stock Photo
Covenant Logistics Group, Inc. (CVLG) is positioned as a U.S.-based transportation and logistics operator benefiting from structural shifts in freight dynamics driven by tariff-related supply chain adjustments and tighter carrier capacity. The company operates across expedited trucking, dedicated contract carriage, managed freight brokerage, and warehousing, enabling it to serve customers requiring efficient, time-sensitive, and flexible freight solutions.
Read More: 15 AI Stocks That Are Quietly Making Investors Rich
Read More: Undervalued AI Stock Poised For Massive Gains: 10000% Upside Potential
2 months ago
With an upside potential of 76.37%, QXO, Inc. (NYSE:QXO) ranks among the stocks under $20 that will explode.
QXO, Inc. (NYSE:QXO) is advancing financing tied to its pending acquisition of TopBuild Corp, with bondholders showing strong support for the deal's debt restructuring.
On June 12, 2026, QXO, Inc. (NYSE:QXO) announced early tender results on its previously launched tender offers and consent solicitations for TopBuild's outstanding notes. The offers, conducted through QXO subsidiary ***** anium MergerCo, Inc., covered $500.0 million of TopBuild's 4.125% Senior Notes due 2032 and $750.0 million of its 5.625% Senior Notes due 2034.
As of the early tender deadline on June 11, 2026, holders had tendered 99.54% of the 2032 notes and 99.72% of the 2034 notes. Holders of the early-tendered notes are set to receive total consideration of $1,011.25 per $1,000 of principal, including a $50.00 early-tender payment.
After QXO, Inc. (NYSE:QXO) received consent from a majority of each note series, TopBuild executed supplemental indentures eliminating the "change of control" offer requirement tied to the acquisition, along with the most restrictive covenants and several default provisions. These amendments take effect once QXO completes the note purchases.
QXO, Inc. (NYSE:QXO) is advancing financing tied to its pending acquisition of TopBuild Corp, with bondholders showing strong support for the deal's debt restructuring.
On June 12, 2026, QXO, Inc. (NYSE:QXO) announced early tender results on its previously launched tender offers and consent solicitations for TopBuild's outstanding notes. The offers, conducted through QXO subsidiary ***** anium MergerCo, Inc., covered $500.0 million of TopBuild's 4.125% Senior Notes due 2032 and $750.0 million of its 5.625% Senior Notes due 2034.
As of the early tender deadline on June 11, 2026, holders had tendered 99.54% of the 2032 notes and 99.72% of the 2034 notes. Holders of the early-tendered notes are set to receive total consideration of $1,011.25 per $1,000 of principal, including a $50.00 early-tender payment.
After QXO, Inc. (NYSE:QXO) received consent from a majority of each note series, TopBuild executed supplemental indentures eliminating the "change of control" offer requirement tied to the acquisition, along with the most restrictive covenants and several default provisions. These amendments take effect once QXO completes the note purchases.
2 months ago
Cheniere Energy, Inc. (NYSE:LNG) ranks among the undervalued infrastructure stocks to buy now. A series of recent developments makes the bull case hard to miss.
On June 5, 2026, Raymond James added Cheniere Energy, Inc. (NYSE:LNG) to its list of current favorite stock ideas, removing Energy Transfer LP in the process. The firm cited a strong near- and long-term story and said shares were trading at levels it found too attractive to ignore.
That endorsement followed a move by JPMorgan on June 3, 2026, when the bank raised its price target on Cheniere Energy, Inc. (NYSE:LNG) to $327 from $325 and kept an "Overweight" rating. JPMorgan framed the stock's recent softness as a long-term buying opportunity.
Meanwhile, Cheniere Energy, Inc. (NYSE:LNG) was active in the debt markets.
On June 9, 2026, Cheniere Energy, Inc. (NYSE:LNG) closed a private offering of $1.75 billion in senior unsecured notes, structured in two tranches: $1 billion of 5.350% notes due 2036 and $750 million of 6.050% notes due 2056. The notes are guaranteed by subsidiaries backing the partnership's revolving credit facility and rank equally with other senior debt. Standard covenants cover liens, sale-leasebacks, and structural changes, while make-whole call provisions and par redemption options apply after specified dates.
On June 5, 2026, Raymond James added Cheniere Energy, Inc. (NYSE:LNG) to its list of current favorite stock ideas, removing Energy Transfer LP in the process. The firm cited a strong near- and long-term story and said shares were trading at levels it found too attractive to ignore.
That endorsement followed a move by JPMorgan on June 3, 2026, when the bank raised its price target on Cheniere Energy, Inc. (NYSE:LNG) to $327 from $325 and kept an "Overweight" rating. JPMorgan framed the stock's recent softness as a long-term buying opportunity.
Meanwhile, Cheniere Energy, Inc. (NYSE:LNG) was active in the debt markets.
On June 9, 2026, Cheniere Energy, Inc. (NYSE:LNG) closed a private offering of $1.75 billion in senior unsecured notes, structured in two tranches: $1 billion of 5.350% notes due 2036 and $750 million of 6.050% notes due 2056. The notes are guaranteed by subsidiaries backing the partnership's revolving credit facility and rank equally with other senior debt. Standard covenants cover liens, sale-leasebacks, and structural changes, while make-whole call provisions and par redemption options apply after specified dates.
2 months ago
AECOM (NYSE:ACM) ranks among the undervalued infrastructure stocks to buy now. The stock looks cheap on the surface, but the debate right now is whether that discount is an opportunity or a trap.
On May 19, 2026, Barclays lowered its price target on AECOM (NYSE:ACM) to $90 from $110, keeping an "Equal Weight" rating after the fiscal second-quarter report. The firm acknowledged the company's record of strong multi-year growth and free cash flow, but said those qualities were being overshadowed by an ***** et-light re-rating and a lack of near-term catalysts. Barclays described the stock as optically cheap but without a clear re-rating path.
Against that backdrop, AECOM (NYSE:ACM) has kept moving.
On June 10, 2026, AECOM (NYSE:ACM) entered into a new $500 million revolving credit agreement with a lender syndicate led by Bank of America, maturing June 9, 2028, with no borrowings outstanding at inception. The facility is secured by ***** ets of AECOM and certain subsidiaries, carries leverage-based pricing and unused commitment fees, and includes a maximum consolidated leverage ratio covenant of 4.0 to 1, reinforcing the company's liquidity while imposing standard financial discipline.
Then on June 12, 2026, AECOM (NYSE:ACM) appointed David Rottblatt as Senior Vice President and Director of Strategic Private Sector Client Growth in its Aviation Market Sector. Based in California, Rottblatt will focus on expanding AECOM's reach across private sector aviation clients and emerging aviation markets. He joins from Supernal, where he served as Chief Operating Officer, and brings more than two decades of leadership experience, including 15 years in the global aviation industry.
On May 19, 2026, Barclays lowered its price target on AECOM (NYSE:ACM) to $90 from $110, keeping an "Equal Weight" rating after the fiscal second-quarter report. The firm acknowledged the company's record of strong multi-year growth and free cash flow, but said those qualities were being overshadowed by an ***** et-light re-rating and a lack of near-term catalysts. Barclays described the stock as optically cheap but without a clear re-rating path.
Against that backdrop, AECOM (NYSE:ACM) has kept moving.
On June 10, 2026, AECOM (NYSE:ACM) entered into a new $500 million revolving credit agreement with a lender syndicate led by Bank of America, maturing June 9, 2028, with no borrowings outstanding at inception. The facility is secured by ***** ets of AECOM and certain subsidiaries, carries leverage-based pricing and unused commitment fees, and includes a maximum consolidated leverage ratio covenant of 4.0 to 1, reinforcing the company's liquidity while imposing standard financial discipline.
Then on June 12, 2026, AECOM (NYSE:ACM) appointed David Rottblatt as Senior Vice President and Director of Strategic Private Sector Client Growth in its Aviation Market Sector. Based in California, Rottblatt will focus on expanding AECOM's reach across private sector aviation clients and emerging aviation markets. He joins from Supernal, where he served as Chief Operating Officer, and brings more than two decades of leadership experience, including 15 years in the global aviation industry.