4 days ago
Actor Joe Manganiello spent seven years battling chronic autoimmune issues in secret.
In his new memoir, he shares how he's recovering, including enlisting a shaman to take him floating.
He shared his health habits with Business Insider, including a testosterone-free workout strategy.
For seven years, actor Joe Manganiello lived in a world of secret pain. In his new book, "Bloodlines," he describes it as a "10-out-of-10 pain" that felt like "someone was raking my intestines with a metal wire grill brush."
From the outside, things looked great. He'd just retired his ****** le as People's "hottest bachelor alive," and was newly wed to actress Sofía Vergara. He was looking forward to playing what he considered the role of a lifetime, having just been cast as a villainous "Deathstroke" in Ben Affleck's new "Batman" movie (later canceled).
#secret #including #insider
In his new memoir, he shares how he's recovering, including enlisting a shaman to take him floating.
He shared his health habits with Business Insider, including a testosterone-free workout strategy.
For seven years, actor Joe Manganiello lived in a world of secret pain. In his new book, "Bloodlines," he describes it as a "10-out-of-10 pain" that felt like "someone was raking my intestines with a metal wire grill brush."
From the outside, things looked great. He'd just retired his ****** le as People's "hottest bachelor alive," and was newly wed to actress Sofía Vergara. He was looking forward to playing what he considered the role of a lifetime, having just been cast as a villainous "Deathstroke" in Ben Affleck's new "Batman" movie (later canceled).
#secret #including #insider
4 days ago
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Homeowners are spending more to sell their home, and many underestimate what it will cost to prep, market, and close a deal. Factor in a growing number of buyer's markets, and sellers' profits are being squeezed too.
Owners who put their house on the market in the past three years shelled out an average of nearly $82,000 to sell their home, up 22% from 2025, according to new research by Clever Real Estate.
Here are the numbers sellers will want to consider before listing.
Read more: Is it a good time to sell your house?
#House #advertiser #homeowners #factor
Homeowners are spending more to sell their home, and many underestimate what it will cost to prep, market, and close a deal. Factor in a growing number of buyer's markets, and sellers' profits are being squeezed too.
Owners who put their house on the market in the past three years shelled out an average of nearly $82,000 to sell their home, up 22% from 2025, according to new research by Clever Real Estate.
Here are the numbers sellers will want to consider before listing.
Read more: Is it a good time to sell your house?
#House #advertiser #homeowners #factor
14 days ago
Kimberly Guilfoyle has lost her ambassador job, but her name still carries a six-figure price tag on the speaking circuit. The former Fox News personality is listed for appearances costing between $50,000 and $100,000 after she left as U.S. ambassador to Greece amid allegations of financial misconduct, which she denies. Whether anyone is paying those rates is another question. The listing offers a glimpse of her potential earning power, but it doesn't show that she's booked a single six-figure engagement.
Papadakis Press/MEGA
According to her Speaker Booking Agency profile, Guilfoyle is available for speaking engagements, corporate appearances, virtual events, moderated discussions, and meet-and-greets. The page displays a speaking-fee range of $50,000 to $100,000 and lists West Palm Beach, Florida, as her departure point.
That puts the advertised upper limit for one appearance at the same dollar figure as the American Express payment at the center of the controversy surrounding her diplomatic career. The two amounts concern separate matters. One is a public booking estimate, while the other involves disputed allegations about a donor's financial dealings with her.
Papadakis Press/MEGA
#papadakis
Papadakis Press/MEGA
According to her Speaker Booking Agency profile, Guilfoyle is available for speaking engagements, corporate appearances, virtual events, moderated discussions, and meet-and-greets. The page displays a speaking-fee range of $50,000 to $100,000 and lists West Palm Beach, Florida, as her departure point.
That puts the advertised upper limit for one appearance at the same dollar figure as the American Express payment at the center of the controversy surrounding her diplomatic career. The two amounts concern separate matters. One is a public booking estimate, while the other involves disputed allegations about a donor's financial dealings with her.
Papadakis Press/MEGA
#papadakis
21 days ago
Panthers' Bryce Young joins list of Hall of Famers with feat not seen since Peyton Manning, Drew Brees appeared first on ClutchPoints. Add ClutchPoints as a Preferred Source by clicking here.
Carolina Panthers quarterback Bryce Young has joined elite company by reaching a milestone last matched by Peyton Manning and Drew Brees in 2013. Panthers fans are excited by this achievement.
Pro Football Focus (PFF) shared that Young has thrown for at least 280 yards and one touchdown in each of the Panthers' first five games. That is a remarkable feat for a young quarterback. Only three future Hall of Famers have done this in the past 15 years.
PFF shared the news on X, listing Young with Aaron Rodgers, Brees, and Manning as the only quarterbacks to reach this mark since 2011. This underscores how rare the accomplishment is.
Watch sports LIVE with fuboTV (free trial)
#hall #famers #drew
Carolina Panthers quarterback Bryce Young has joined elite company by reaching a milestone last matched by Peyton Manning and Drew Brees in 2013. Panthers fans are excited by this achievement.
Pro Football Focus (PFF) shared that Young has thrown for at least 280 yards and one touchdown in each of the Panthers' first five games. That is a remarkable feat for a young quarterback. Only three future Hall of Famers have done this in the past 15 years.
PFF shared the news on X, listing Young with Aaron Rodgers, Brees, and Manning as the only quarterbacks to reach this mark since 2011. This underscores how rare the accomplishment is.
Watch sports LIVE with fuboTV (free trial)
#hall #famers #drew
1 month ago
Princess Eugenie has reportedly sidelined Meghan Markle amid the ongoing royal feud, and according to a source, Eugenie has allegedly decided to side with Prince William and Kate Middleton. She reportedly wants to stay out of the drama, but the Sussexes' return apparently left her no choice. The claims come after a signed copy of Meghan's children's book reportedly surfaced for sale online.
Princess Eugenie "had to take a stand" against Meghan Markle with a signed book, as per the source. According to New Idea, the copy of "The Bench" was originally listed by London seller Drive Easy's Signed Books. It allegedly featured a personalized message from the **** ss of Sussex to Eugenie and her husband, Jack Brooksbank. It was reported that the book was listed for $26,423 before the advertisement disappeared.
Reportedly, Eugenie was "horrified" and didn't know how the book ended up on the site. However, the outlet was told that it might not be as accidental as it seemed. With the tension between William and Prince Harry showing little signs of easing, insiders allegedly claimed that she was keen to make her loyalties clear.
A royal insider said, "Eugenie's always tried to stay out of controversy," but with Harry and Meghan apparently "on her doorstep" demanding a "catch up," she likely couldn't stay quiet anymore.
Meanwhile, it was claimed that Eugenie has been forced to apologize to Meghan. This allegedly happened after watchers spotted the personal inscription on the listing. It reportedly mentioned "the special bond between father and son." Meghan also wrote that she penned the poem at Frogmore and hoped Eugenie would witness the same love there.
#eugenie #signed #stay
Princess Eugenie "had to take a stand" against Meghan Markle with a signed book, as per the source. According to New Idea, the copy of "The Bench" was originally listed by London seller Drive Easy's Signed Books. It allegedly featured a personalized message from the **** ss of Sussex to Eugenie and her husband, Jack Brooksbank. It was reported that the book was listed for $26,423 before the advertisement disappeared.
Reportedly, Eugenie was "horrified" and didn't know how the book ended up on the site. However, the outlet was told that it might not be as accidental as it seemed. With the tension between William and Prince Harry showing little signs of easing, insiders allegedly claimed that she was keen to make her loyalties clear.
A royal insider said, "Eugenie's always tried to stay out of controversy," but with Harry and Meghan apparently "on her doorstep" demanding a "catch up," she likely couldn't stay quiet anymore.
Meanwhile, it was claimed that Eugenie has been forced to apologize to Meghan. This allegedly happened after watchers spotted the personal inscription on the listing. It reportedly mentioned "the special bond between father and son." Meghan also wrote that she penned the poem at Frogmore and hoped Eugenie would witness the same love there.
#eugenie #signed #stay
1 month ago
Princess Eugenie was reportedly left "horrified" after a deeply personal gift from Meghan Markle mysteriously appeared on eBay with a staggering $26,500 asking price. The item was a copy of Meghan's children's book, "The Bench," apparently inscribed to Eugenie and her husband, Jack Brooksbank, following the birth of their son August. After its discovery fueled speculation about the women's relationship, Eugenie allegedly contacted Meghan directly to apologize and insist that she had never knowingly sold or discarded the book.
MEGA
A source claimed Eugenie reached out after learning that the personalized book had surfaced online.
"Eugenie called Meghan herself. She was horrified the book had somehow ended up for sale," the insider told Rob Shuter's "Naughty But Nice" Substack, according to The Express US.
The source added that Eugenie made it clear she would never knowingly sell a personal present from Meghan. The **** ss reportedly accepted the explanation and did not blame her for the book appearing on eBay. Neither woman has publicly confirmed the alleged conversation, and it remains unclear how the seller obtained the copy. Its authenticity has also not been independently verified. Still, the reported phone call suggests Eugenie understood how the listing could look, particularly amid recent claims that her once-close relationship with Prince Harry and Meghan has cooled.
#reportedly #horrified #copy #never
MEGA
A source claimed Eugenie reached out after learning that the personalized book had surfaced online.
"Eugenie called Meghan herself. She was horrified the book had somehow ended up for sale," the insider told Rob Shuter's "Naughty But Nice" Substack, according to The Express US.
The source added that Eugenie made it clear she would never knowingly sell a personal present from Meghan. The **** ss reportedly accepted the explanation and did not blame her for the book appearing on eBay. Neither woman has publicly confirmed the alleged conversation, and it remains unclear how the seller obtained the copy. Its authenticity has also not been independently verified. Still, the reported phone call suggests Eugenie understood how the listing could look, particularly amid recent claims that her once-close relationship with Prince Harry and Meghan has cooled.
#reportedly #horrified #copy #never
1 month ago
PARIS — Receiving an invitation to the theater from Christian Louboutin during Paris Fashion Week, one can be **** ured to be in for a treat. Through his "Loubi Show" format, the shoe guru has repeatedly shown a knack for conjuring loud spectacles and enlisting a vast array of talents to collaborate with — and the latest installation staged at Théâtre du Châtelet here on Friday was no exception. The designer called on no less than Dita Von Teese to present his spring 2027 collection, centered on celebrating his iconic La Pigalle pump. Named after the famous Parisian district and first introduced in 2004, the style has become a Louboutin signature with its sleek proportions expressing the sensuality embedded in the brand. A moment of the "Eternal Youth" show starring Dita Von Teese. Benjamin Malapris/Courtesy of Christian Louboutin To match the vibe, Louboutin asked Von Teese to do what she does best: seduce the audience with wit, in a performance that drew a packed guest list headlined by Cynthia Erivo, Elizabeth Debicki and Jaden Smith, who Louboutin tapped last year to become his first men's creative director roughly 15 years after he first expanded his red-soled universe into men's. Designers such as Jean-Paul Gaultier and Matières
Follow Footwear News on Twitter or become a fan on Facebook.
#christian #dita #receiving
Follow Footwear News on Twitter or become a fan on Facebook.
#christian #dita #receiving
1 month ago
Diane Keaton's former Laguna Beach, Calif., home and "last renovation project" has hit the market for $10.3 million
The current owners preserved most of Keaton's designs and have decided to sell as they need more ***** e for their growing family
Most recently, Keaton's L.A. "Pinterest House" sold for $18 million in August after years of renovations
Diane Keaton's former Laguna Beach, Calif., home has hit the market for $10.3 million nearly one year after her death.
The four-bedroom, three-bathroom property was the star's "last renovation project" before her death at age 79 in October 2025, according to Luxre Realty agent Brooke Wainwright, who holds the listing with partner David Koffs.
#beach #calif #home
The current owners preserved most of Keaton's designs and have decided to sell as they need more ***** e for their growing family
Most recently, Keaton's L.A. "Pinterest House" sold for $18 million in August after years of renovations
Diane Keaton's former Laguna Beach, Calif., home has hit the market for $10.3 million nearly one year after her death.
The four-bedroom, three-bathroom property was the star's "last renovation project" before her death at age 79 in October 2025, according to Luxre Realty agent Brooke Wainwright, who holds the listing with partner David Koffs.
#beach #calif #home
1 month ago
Dr. Phil is looking to sell his Beverly Hills home.
In Touch can confirm that the TV personality (whose real name is Phillip Calvin McGraw), 76, has listed his eight-bedroom, 11-bathroom Beverly Hills home for $67.5 million after purchasing the property in July 2010 for just under $30 million.
The 16,079-square-foot estate "emulates old Hollywood while offering every modern amenity today's most discerning buyer requires," according to a listing.
Designed by architect Kevin Clark and completed in 2011, the property includes a main residence, a guest house and separate staff quarters.
The house features double-height vestibules, imported stone fireplaces, formal living rooms, a study with a heavily decorated ceiling and a bank of arched French windows and doors. There is also a chef-grade kitchen with Wolf/Miele appliances as well as a butler's pantry and an informal dining room.
#touch
In Touch can confirm that the TV personality (whose real name is Phillip Calvin McGraw), 76, has listed his eight-bedroom, 11-bathroom Beverly Hills home for $67.5 million after purchasing the property in July 2010 for just under $30 million.
The 16,079-square-foot estate "emulates old Hollywood while offering every modern amenity today's most discerning buyer requires," according to a listing.
Designed by architect Kevin Clark and completed in 2011, the property includes a main residence, a guest house and separate staff quarters.
The house features double-height vestibules, imported stone fireplaces, formal living rooms, a study with a heavily decorated ceiling and a bank of arched French windows and doors. There is also a chef-grade kitchen with Wolf/Miele appliances as well as a butler's pantry and an informal dining room.
#touch
1 month ago
A copy of Meghan Markle's The Bench that appears to have been inscribed to Princess Eugenie and Jack Brooksbank surfaced for sale on eBay
The book, featuring a personal message apparently handwritten by Meghan, was listed for nearly $26,500 before the seller ended the listing
PEOPLE has not independently verified the inscription's authenticity or how the book came into the seller's possession
A copy of Meghan Markle's children's book The Bench that appears to have been personally inscribed to Princess Eugenie and her husband, Jack Brooksbank, surfaced for sale on eBay.
The listing, posted by Drive Easy's Signed Books, was ended by the seller on Friday, Oct. 2. It offered a copy of the ****** ss of Sussex's 2021 book for £19,999.99 (nearly $26,500).
#copy
The book, featuring a personal message apparently handwritten by Meghan, was listed for nearly $26,500 before the seller ended the listing
PEOPLE has not independently verified the inscription's authenticity or how the book came into the seller's possession
A copy of Meghan Markle's children's book The Bench that appears to have been personally inscribed to Princess Eugenie and her husband, Jack Brooksbank, surfaced for sale on eBay.
The listing, posted by Drive Easy's Signed Books, was ended by the seller on Friday, Oct. 2. It offered a copy of the ****** ss of Sussex's 2021 book for £19,999.99 (nearly $26,500).
#copy
1 month ago
It looks like Jim Carrey is ready for his next chapter.
In Touch can confirm that the Mask star, 64, listed his three-bedroom, four-and-a-half-bathroom house in Hawaii for $35 million after it was revealed this week that he recently married girlfriend Min Ah in a small private ceremony in Los Angeles.
The actor purchased the 4,717-square-foot home, located roughly 170 feet along the water on Keawakapu Beach in Kihei, nearly a decade ago in November 2016 for $16.5 million.
Designed by Ike Kligerman Barkley, the primary residence sits under a thatched roof and is framed in Douglas fir and lined in woven bamboo, according to a listing. The great room rises into the trusses and opens fully to a covered stone lanai.
ZUMAPRESS.com / MEGA
#carrey #beach #november
In Touch can confirm that the Mask star, 64, listed his three-bedroom, four-and-a-half-bathroom house in Hawaii for $35 million after it was revealed this week that he recently married girlfriend Min Ah in a small private ceremony in Los Angeles.
The actor purchased the 4,717-square-foot home, located roughly 170 feet along the water on Keawakapu Beach in Kihei, nearly a decade ago in November 2016 for $16.5 million.
Designed by Ike Kligerman Barkley, the primary residence sits under a thatched roof and is framed in Douglas fir and lined in woven bamboo, according to a listing. The great room rises into the trusses and opens fully to a covered stone lanai.
ZUMAPRESS.com / MEGA
#carrey #beach #november
1 month ago
Jelly Roll and Bunnie XO are putting one of their Nashville-area homes up for sale after finalizing their divorce. The Franklin, Tennessee, estate now carries a price of just under $7 million. The former couple listed the property after reaching a settlement over their ******* ets.
Real estate sources told TMZ that the couple listed the home on Wednesday. The estate was custom-built and features over 10 acres and over 7,000 square feet of living area. The property has five bedrooms and seven bathrooms. It also offers views of the Tennessee countryside.
The home includes a chef's kitchen and a media den that looks over a glass-walled automotive showroom. On the outside, the estate has a covered porch and an outdoor kitchen. It also has outdoor dining and living ******* es. The outdoor ******* e is completed by a resort-style pool.
The listing is held by Erik Levin of Benchmark Realty and Greg Sanford of Greg Sanford Real Estate. The sale comes after Jelly Roll and Bunnie finalized their divorce in July. Court documents obtained by TMZ show that the former couple reached a settlement covering their aircraft, cars, homes, and intellectual property. Jelly Roll also agreed to give Bunnie a one-time lump-sum payment.
It was previously reported that movers appeared at the property in June. Exclusive photos showed a large moving truck outside while workers appeared to remove items from the home. Jelly Roll filed for divorce in May, and sources with direct knowledge said the split came from a mutual decision handled privately. Jelly Roll and Bunnie married in August 2016 after meeting the year before.
#bunnie #property #tennessee
Real estate sources told TMZ that the couple listed the home on Wednesday. The estate was custom-built and features over 10 acres and over 7,000 square feet of living area. The property has five bedrooms and seven bathrooms. It also offers views of the Tennessee countryside.
The home includes a chef's kitchen and a media den that looks over a glass-walled automotive showroom. On the outside, the estate has a covered porch and an outdoor kitchen. It also has outdoor dining and living ******* es. The outdoor ******* e is completed by a resort-style pool.
The listing is held by Erik Levin of Benchmark Realty and Greg Sanford of Greg Sanford Real Estate. The sale comes after Jelly Roll and Bunnie finalized their divorce in July. Court documents obtained by TMZ show that the former couple reached a settlement covering their aircraft, cars, homes, and intellectual property. Jelly Roll also agreed to give Bunnie a one-time lump-sum payment.
It was previously reported that movers appeared at the property in June. Exclusive photos showed a large moving truck outside while workers appeared to remove items from the home. Jelly Roll filed for divorce in May, and sources with direct knowledge said the split came from a mutual decision handled privately. Jelly Roll and Bunnie married in August 2016 after meeting the year before.
#bunnie #property #tennessee
2 months ago
Anthropic's initial public offering (IPO) appears to be on pace to take place in late October or early November. Right now, it is difficult for retail investors to get a stake in the artificial intelligence (AI) giant, which is one of the fastest-growing businesses in the world.
But there is an investment you could make that would get you sizable indirect exposure to Anthropic ahead of its listing. Zoom Communications (NASDAQ: ZM), the leading cloud video conferencing company, bought a stake in Anthropic back in May 2023, and that investment could now be worth billions.
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ***** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
Let's see whether that makes Zoom stock a buy right now.
Zoom made a $51 million investment in Anthropic in May 2023, and that has turned out to be one of the smartest decisions the company has ever made (maybe even smarter than its choice to go public right before the pandemic).
#investment #missed
But there is an investment you could make that would get you sizable indirect exposure to Anthropic ahead of its listing. Zoom Communications (NASDAQ: ZM), the leading cloud video conferencing company, bought a stake in Anthropic back in May 2023, and that investment could now be worth billions.
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ***** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
Let's see whether that makes Zoom stock a buy right now.
Zoom made a $51 million investment in Anthropic in May 2023, and that has turned out to be one of the smartest decisions the company has ever made (maybe even smarter than its choice to go public right before the pandemic).
#investment #missed
2 months ago
Anthropic's initial public offering (IPO), expected no earlier than mid-October, will be a test of just how hungry the financial markets still are for exposure to artificial intelligence (AI). The S&P 500 (SNPINDEX: ^GSPC) is going to react depending on how that test goes. Its backers want a valuation of $2 trillion or more, which would top ******* e Exploration Technologies as the biggest IPO ever if it happens.
Don't expect S&P 500 funds to buy it immediately, though. The road for Anthropic entering the S&P 500 is going to be slow, and it could test some nerves along the way.
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ******* ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
By definition, index funds tracking the S&P 500 must buy whatever the S&P 500 adds to its list of stocks.
Anthropic probably won't get special treatment, given that on June 4, S&P Dow Jones Indices declined to loosen its rules for mega-cap listings. Those rules still require 12 months as a public company, at least 10% of shares being publicly held, and reported positive earnings under generally accepted accounting principles (GAAP).
#snpindex
Don't expect S&P 500 funds to buy it immediately, though. The road for Anthropic entering the S&P 500 is going to be slow, and it could test some nerves along the way.
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ******* ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
By definition, index funds tracking the S&P 500 must buy whatever the S&P 500 adds to its list of stocks.
Anthropic probably won't get special treatment, given that on June 4, S&P Dow Jones Indices declined to loosen its rules for mega-cap listings. Those rules still require 12 months as a public company, at least 10% of shares being publicly held, and reported positive earnings under generally accepted accounting principles (GAAP).
#snpindex
2 months ago
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
The CEO of Anthropic, one of the most valuable pure-play AI companies in the world, has some reservations about AI.
In a post (1) to his personal website, Anthropic CEO Dario Amodei called for companies to slow the development of increasingly capable AI models so safety measures can catch up. After listing some of the potential future benefits of AI — including his belief that it could "cure most major diseases" — Amodei acknowledged that it also "brings risks."
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
#anthropic #amodei #Companies #moneywise
The CEO of Anthropic, one of the most valuable pure-play AI companies in the world, has some reservations about AI.
In a post (1) to his personal website, Anthropic CEO Dario Amodei called for companies to slow the development of increasingly capable AI models so safety measures can catch up. After listing some of the potential future benefits of AI — including his belief that it could "cure most major diseases" — Amodei acknowledged that it also "brings risks."
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
#anthropic #amodei #Companies #moneywise
2 months ago
Financially challenged fast-food franchisees have been lining up to file for bankruptcy protection in 2026 to reorganize their businesses and restructure debt.
Hardee's Phoenix-based restaurant franchisee Superior Star LLC , filed for Chapter 11 bankruptcy protection on July 9, facing an alleged seller financing dispute, according to court papers. A burger chain rival, Checkers Drive-In franchisee C.S. Holdings of Tampa LLC, which operates two locations in Tampa, Fla., filed for Chapter 11 bankruptcy protection to reorganize its business on July 14.
Another Hardee's franchisee, ARC Burger LLC, filed for Chapter 7 bankruptcy liquidation on April 20, 2026, after franchisor Hardee's Restaurants LLC sued the restaurant operator for alleged breach of contract, seeking to recover over $6.5 million in unpaid franchise fees and other obligations, according to Law.com.
And now, major Wendy's restaurant franchisee Meritage Hospitality Group Inc., which operates over 350 locations in 15 states, filed for Chapter 11 bankruptcy to reorganize its business and restructure its debt, almost 11 months after defaulting on its franchise agreements for failing to remit payments.
Meritage Hospitality and 14 affiliates filed their petition in the U.S. Bankruptcy Court for the Western District of Michigan on Sept. 17, 2026, listing $10 million to $50 million in **** ets and debts.
#chapter
Hardee's Phoenix-based restaurant franchisee Superior Star LLC , filed for Chapter 11 bankruptcy protection on July 9, facing an alleged seller financing dispute, according to court papers. A burger chain rival, Checkers Drive-In franchisee C.S. Holdings of Tampa LLC, which operates two locations in Tampa, Fla., filed for Chapter 11 bankruptcy protection to reorganize its business on July 14.
Another Hardee's franchisee, ARC Burger LLC, filed for Chapter 7 bankruptcy liquidation on April 20, 2026, after franchisor Hardee's Restaurants LLC sued the restaurant operator for alleged breach of contract, seeking to recover over $6.5 million in unpaid franchise fees and other obligations, according to Law.com.
And now, major Wendy's restaurant franchisee Meritage Hospitality Group Inc., which operates over 350 locations in 15 states, filed for Chapter 11 bankruptcy to reorganize its business and restructure its debt, almost 11 months after defaulting on its franchise agreements for failing to remit payments.
Meritage Hospitality and 14 affiliates filed their petition in the U.S. Bankruptcy Court for the Western District of Michigan on Sept. 17, 2026, listing $10 million to $50 million in **** ets and debts.
#chapter
2 months ago
Updated Sept. 17, 2026 4:53 pm ET
Listen
(3 min)
The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
1006 ET – U.S. pending home sales fell 3.5% week-over-week to their lowest level in almost three years, Redfin says. Declining homebuying demand is giving buyers breathing room. It means less competition and more room to negotiate for the house hunters who are still shopping. New listings fell slightly, -0.5%, from a week earlier, but they’re still up 1.5% year-over-year, and there are still hundreds of thousands more home sellers than buyers in the market. More homes on the market equals less pressure on buyers to rush into a decision or pay more than they want. Home-sale prices are holding steady. The median home-sale price rose 2% year-over-year. That stability means prices aren’t soaring, and that sellers aren’t in immediate danger of home values dropping. (chris.wackwsj.com)
#still #fell #means
Listen
(3 min)
The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
1006 ET – U.S. pending home sales fell 3.5% week-over-week to their lowest level in almost three years, Redfin says. Declining homebuying demand is giving buyers breathing room. It means less competition and more room to negotiate for the house hunters who are still shopping. New listings fell slightly, -0.5%, from a week earlier, but they’re still up 1.5% year-over-year, and there are still hundreds of thousands more home sellers than buyers in the market. More homes on the market equals less pressure on buyers to rush into a decision or pay more than they want. Home-sale prices are holding steady. The median home-sale price rose 2% year-over-year. That stability means prices aren’t soaring, and that sellers aren’t in immediate danger of home values dropping. (chris.wackwsj.com)
#still #fell #means
2 months ago
Hawaiian Electric Industries, Inc. (NYSE:HE) has a potential valuation benchmark for its retained American Savings Bank investment. IPO terms reported September 9 imply approximately $1 billion of equity value at the midpoint. The proposed offering comprises approximately 7.5 million shares at $15 to $17 each.
Hawaiian Electric Industries, Inc. (NYSE:HE) sold 90.1% of the bank in December 2024 and retained 9.9%. Mechanically, a 9.9% holding at a $1 billion valuation would be worth approximately $99 million, ****** uming that ownership percentage remains unchanged.
The base offering would total approximately $120 million at the $16 midpoint before fees. That amount represents shares being sold across the offering, not proceeds automatically attributable to the retained investment.
A public listing could make the minority ****** et easier to value. For Hawaiian Electric Industries, Inc. (NYSE:HE), an observable trading price would give investors a clearer reference for estimating the holding's contribution to overall equity value.
The proposed transaction is entirely secondary, according to the detailed offering report. Existing shareholders are selling shares, so the offering itself does not dilute ownership through newly issued stock. Any change in the retained stake would depend on shareholder sales or other capital changes.
#value #million
Hawaiian Electric Industries, Inc. (NYSE:HE) sold 90.1% of the bank in December 2024 and retained 9.9%. Mechanically, a 9.9% holding at a $1 billion valuation would be worth approximately $99 million, ****** uming that ownership percentage remains unchanged.
The base offering would total approximately $120 million at the $16 midpoint before fees. That amount represents shares being sold across the offering, not proceeds automatically attributable to the retained investment.
A public listing could make the minority ****** et easier to value. For Hawaiian Electric Industries, Inc. (NYSE:HE), an observable trading price would give investors a clearer reference for estimating the holding's contribution to overall equity value.
The proposed transaction is entirely secondary, according to the detailed offering report. Existing shareholders are selling shares, so the offering itself does not dilute ownership through newly issued stock. Any change in the retained stake would depend on shareholder sales or other capital changes.
#value #million
2 months ago
A fresh wave of nuclear stock listings is sweeping Wall Street as the explosive growth of data centers puts mounting pressure on electricity grids and reignites investor appetite for nuclear power. Joining this initial public offering (IPO) frenzy is nuclear stock Holtec Nuclear, which is gearing up for its public debut this month. The company plans to offer 50 million shares of Class A common stock at a price range of $15 to $18 per share, potentially raising up to $900 million and valuing the company at as much as $10.2 billion.
Holtec plans to list on the Nasdaq Global Select Market and Nasdaq Texas under the ticker symbol "HNUC" on Sept. 18. The underwriters also have a 30-day option to purchase up to an additional 7.5 million shares. Leading the offering as joint lead book-running managers are J.P. Morgan, Guggenheim Securities, Goldman Sachs, Citigroup, and BofA Securities, while Morgan Stanley, Cantor, BMO Capital Markets, and Oppenheimer & Co. round out the group of joint book-running managers.
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#shares #securities
Holtec plans to list on the Nasdaq Global Select Market and Nasdaq Texas under the ticker symbol "HNUC" on Sept. 18. The underwriters also have a 30-day option to purchase up to an additional 7.5 million shares. Leading the offering as joint lead book-running managers are J.P. Morgan, Guggenheim Securities, Goldman Sachs, Citigroup, and BofA Securities, while Morgan Stanley, Cantor, BMO Capital Markets, and Oppenheimer & Co. round out the group of joint book-running managers.
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How to Play GME Stock as GameStop CEO Ryan Cohen Buys $20.3 Million in Shares
#shares #securities
2 months ago
HIVE Digital Technologies (Nasdaq: HIVE), a Canada-based Bitcoin miner and data center operator, has appointed Hubert Marleau as an independent director at BUZZ HPC.
The company, which trades on the Nasdaq and Toronto Stock Exchange, said Marleau will serve on the board of its wholly owned AI cloud and high-performance computing subsidiary.
Marleau brings more than 50 years of experience in Canadian capital markets. He co-founded Palos Capital Corp. and Palos Management Inc. and has served as governor of both the Montreal and Vancouver stock exchanges, chairman of the Toronto Stock Exchange Listing Committee, and a director of the Investment Dealers ******* ociation of Canada.
Related: Dogecoin co-founder mocks Trump's $5,000 dividend plan
During his five-decade-long career, he has sat on the boards of more than 50 publicly traded companies in Canada and the United States and advised on numerous mergers, acquisitions, and financings, according to the company.
#canada #marleau #palos
The company, which trades on the Nasdaq and Toronto Stock Exchange, said Marleau will serve on the board of its wholly owned AI cloud and high-performance computing subsidiary.
Marleau brings more than 50 years of experience in Canadian capital markets. He co-founded Palos Capital Corp. and Palos Management Inc. and has served as governor of both the Montreal and Vancouver stock exchanges, chairman of the Toronto Stock Exchange Listing Committee, and a director of the Investment Dealers ******* ociation of Canada.
Related: Dogecoin co-founder mocks Trump's $5,000 dividend plan
During his five-decade-long career, he has sat on the boards of more than 50 publicly traded companies in Canada and the United States and advised on numerous mergers, acquisitions, and financings, according to the company.
#canada #marleau #palos
2 months ago
Hive Digital Technologies Chief Financial Officer Darcy Daubaras joined Steve Darling from Proactive to discuss the appointment of renowned capital markets executive Hubert Marleau as an Independent Director of HIVE's wholly owned subsidiary, BUZZ High Performance Computing (BUZZ HPC), a move designed to strengthen governance and strategic oversight as the company expands its sovereign AI infrastructure platform across Canada.
Daubaras said Marleau's appointment brings an exceptional level of experience in capital markets, corporate governance and strategic growth at a pivotal time for BUZZ HPC. As demand for artificial intelligence infrastructure continues to accelerate globally, HIVE is positioning BUZZ HPC as a key provider of sovereign AI computing solutions, and management believes Marleau's expertise will help guide the business through its next phase of expansion.
Marleau has spent more than five decades working across North American capital markets and is widely recognized as one of Canada's most experienced investment and governance professionals. His career spans investment banking, ******* et management, corporate finance and public company leadership, giving him a unique perspective on scaling businesses, raising capital and creating shareholder value.
A co-founder of Palos Capital Corp. and Palos Management Inc., Marleau has held influential leadership positions throughout Canada's financial sector. His extensive resume includes serving as a Governor of both the Montreal and Vancouver stock exchanges, Chairman of the Toronto Stock Exchange Listing Committee and a director of the Investment Dealers ******* ociation of Canada, now known as IIROC.
Over the course of his distinguished career, Marleau has served as a current or former director of more than 50 publicly traded companies in Canada and the United States. He has also played a key role in raising both public and private capital for hundreds of issuers and has advised on numerous mergers, acquisitions and financing transactions across a wide range of industries.
#canada #across
Daubaras said Marleau's appointment brings an exceptional level of experience in capital markets, corporate governance and strategic growth at a pivotal time for BUZZ HPC. As demand for artificial intelligence infrastructure continues to accelerate globally, HIVE is positioning BUZZ HPC as a key provider of sovereign AI computing solutions, and management believes Marleau's expertise will help guide the business through its next phase of expansion.
Marleau has spent more than five decades working across North American capital markets and is widely recognized as one of Canada's most experienced investment and governance professionals. His career spans investment banking, ******* et management, corporate finance and public company leadership, giving him a unique perspective on scaling businesses, raising capital and creating shareholder value.
A co-founder of Palos Capital Corp. and Palos Management Inc., Marleau has held influential leadership positions throughout Canada's financial sector. His extensive resume includes serving as a Governor of both the Montreal and Vancouver stock exchanges, Chairman of the Toronto Stock Exchange Listing Committee and a director of the Investment Dealers ******* ociation of Canada, now known as IIROC.
Over the course of his distinguished career, Marleau has served as a current or former director of more than 50 publicly traded companies in Canada and the United States. He has also played a key role in raising both public and private capital for hundreds of issuers and has advised on numerous mergers, acquisitions and financing transactions across a wide range of industries.
#canada #across
2 months ago
Two former Robinhood engineers allegedly used confidential information about upcoming cryptocurrency listings to make profitable trades on decentralized exchange Hyperliquid, federal prosecutors said Tuesday.
Hefu Chai, 36, and Huaisong "Jerry" Xiang, 30, each face one count of commodities fraud and one count of wire fraud.
"Today's charges make clear that corporate insiders cannot evade the securities and commodities laws by trading based on misappropriated information in derivatives like perpetual futures, tokenized securities, or other similar financial instruments," U.S. Attorney Jamie McDonald said in a statement.
Perpetual futures, or "perps," let traders speculate on an **** et's price—often with leverage—without owning it. Unlike conventional futures, the derivatives do not expire. Hyperliquid is one of the largest decentralized platforms for trading perps and has faced increased regulatory scrutiny.
According to the DOJ, the engineers allegedly used nonpublic information about upcoming Robinhood Crypto token listings to buy related perpetual futures before the announcements, earning profits "for their own benefit" between 2025 and 2026. Each defendant earned more than $50,000 from the alleged scheme, the Justice Department said.
#futures #engineers
Hefu Chai, 36, and Huaisong "Jerry" Xiang, 30, each face one count of commodities fraud and one count of wire fraud.
"Today's charges make clear that corporate insiders cannot evade the securities and commodities laws by trading based on misappropriated information in derivatives like perpetual futures, tokenized securities, or other similar financial instruments," U.S. Attorney Jamie McDonald said in a statement.
Perpetual futures, or "perps," let traders speculate on an **** et's price—often with leverage—without owning it. Unlike conventional futures, the derivatives do not expire. Hyperliquid is one of the largest decentralized platforms for trading perps and has faced increased regulatory scrutiny.
According to the DOJ, the engineers allegedly used nonpublic information about upcoming Robinhood Crypto token listings to buy related perpetual futures before the announcements, earning profits "for their own benefit" between 2025 and 2026. Each defendant earned more than $50,000 from the alleged scheme, the Justice Department said.
#futures #engineers
2 months ago
Two former Robinhood engineers were charged with fraud on Tuesday in a Hyperliquid insider trading case, accused of buying futures contracts before their employer announced new token listings.
Hefu Chai, 36, and Huaisong Xiang, 30, each face one count of violating the Commodity Exchange Act and one count of wire fraud. Prosecutors say the pair made more than $50,000 apiece.
"Robinhood takes market integrity seriously and has zero tolerance for insider trading. We have robust insider trading policies and procedures in place, including for new crypto listings. We immediately investigated and reported this matter to law enforcement and regulators, and will continue to cooperate with the investigations," a Robinhood spokesperson told BeInCrypto.
Follow us on X to get the latest news as it happens
Hyperliquid runs a decentralized exchange built around perpetual futures. These are leveraged bets on a token's price that never expire, so a trader can hold the position indefinitely.
#robinhood #exchange #tuesday
Hefu Chai, 36, and Huaisong Xiang, 30, each face one count of violating the Commodity Exchange Act and one count of wire fraud. Prosecutors say the pair made more than $50,000 apiece.
"Robinhood takes market integrity seriously and has zero tolerance for insider trading. We have robust insider trading policies and procedures in place, including for new crypto listings. We immediately investigated and reported this matter to law enforcement and regulators, and will continue to cooperate with the investigations," a Robinhood spokesperson told BeInCrypto.
Follow us on X to get the latest news as it happens
Hyperliquid runs a decentralized exchange built around perpetual futures. These are leveraged bets on a token's price that never expire, so a trader can hold the position indefinitely.
#robinhood #exchange #tuesday
2 months ago
HIVE Digital Technologies Ltd (TSX:HIVE, NASDAQ:HIVE, FRA:YO0, BVC:HIVECO) announced is has appointed Canadian capital-markets veteran Hubert Marleau as an independent director of BUZZ HPC's board.
Marleau brings more than five decades of cross-border capital-markets and governance experience to the role, strengthening independent oversight as the company scales its sovereign AI infrastructure platform across Canada.
A co-founder of Palos Capital and Palos Management, Marleau has served as Governor of the Montreal and Vancouver stock exchanges and Chairman of the Toronto Stock Exchange Listing Committee, and has been a director of more than 50 publicly traded companies in Canada and the United States. He currently serves as CEO of Nio Strategic Metals and as Market Economist at Palos.
Frank Holmes, executive chairman of HIVE Digital Technologies and BUZZ HPC, said he has known Marleau for 40 years and values his candor and independent judgment as BUZZ scales sovereign AI infrastructure in Canada with Bell.
Aydin Kilic, CEO of HIVE Digital Technologies, said Marleau's experience and independent judgment strengthen the BUZZ HPC board as it enters its next stage of growth.
#canada
Marleau brings more than five decades of cross-border capital-markets and governance experience to the role, strengthening independent oversight as the company scales its sovereign AI infrastructure platform across Canada.
A co-founder of Palos Capital and Palos Management, Marleau has served as Governor of the Montreal and Vancouver stock exchanges and Chairman of the Toronto Stock Exchange Listing Committee, and has been a director of more than 50 publicly traded companies in Canada and the United States. He currently serves as CEO of Nio Strategic Metals and as Market Economist at Palos.
Frank Holmes, executive chairman of HIVE Digital Technologies and BUZZ HPC, said he has known Marleau for 40 years and values his candor and independent judgment as BUZZ scales sovereign AI infrastructure in Canada with Bell.
Aydin Kilic, CEO of HIVE Digital Technologies, said Marleau's experience and independent judgment strengthen the BUZZ HPC board as it enters its next stage of growth.
#canada
2 months ago
On this episode of Stock Movers:- Dave & Buster's (PLAY) shares are lower after it reported revenue for the second quarter that missed the average ***** yst estimate.- Coinbase (COIN) along with other crypto shares along with Bitcoin are sliding ahead of the Senate's vote on the CLARITY Act that would regulate digital ***** ets and the crypto industry.- Waystar (WAY) shares are higher after Reuters reported that the firm is exploring options, including a sale, two years after a public listing in New York.
#dave
#dave
2 months ago
Anthropic is moving forward with plans for an initial public offering that could value the company at $2 trillion, with signs pointing to the listing remaining on track, according to Bloomberg. Nasdaq has been selected as the venue for the listing, and Nvidia is reportedly weighing a contribution of around $10 billion to the offering.
Bloomberg reports Anthropic's annualized revenue at $65 billion, with the company's margins underpinned by investor confidence in where AI capabilities are headed rather than by today's cash generation.
The IPO comes as Anthropic chief executive officer Dario Amodei has published an essay calling on AI companies to manage the pace of frontier model development. Amodei's essay calls on firms "must slow the pace" of capability improvements, yet frames the goal as "a balanced rate" of progress, with the ****** urance that "progress will still seem fast," Bloomberg notes. When CFO Krishna Rao shared the piece on LinkedIn, his commentary centered on the themes of "pacing" and "common standards."
Anthropic is preparing to tell IPO investors that its potential revenue opportunity exceeds $30 trillion, according to The Wall Street Journal. The company more than doubled its revenue to $11.6 billion in the second quarter and could seek to raise as much as $100 billion in its offering — both figures that would surpass what ****** eX achieved when it went public in June at a $1.77 trillion valuation.
Investors have projected that Anthropic's annualized revenue will reach between $100 billion and $120 billion before year's end, representing more than tenfold growth from the $47 billion annualized revenue the company reported in May, according to the Financial Times as cited in earlier reporting. Morgan Stanley, Goldman Sachs, and JPMorgan are leading the offering. The company filed paperwork with the Securities and Exchange Commission in June.
#billion #bloomberg #trillion #according
Bloomberg reports Anthropic's annualized revenue at $65 billion, with the company's margins underpinned by investor confidence in where AI capabilities are headed rather than by today's cash generation.
The IPO comes as Anthropic chief executive officer Dario Amodei has published an essay calling on AI companies to manage the pace of frontier model development. Amodei's essay calls on firms "must slow the pace" of capability improvements, yet frames the goal as "a balanced rate" of progress, with the ****** urance that "progress will still seem fast," Bloomberg notes. When CFO Krishna Rao shared the piece on LinkedIn, his commentary centered on the themes of "pacing" and "common standards."
Anthropic is preparing to tell IPO investors that its potential revenue opportunity exceeds $30 trillion, according to The Wall Street Journal. The company more than doubled its revenue to $11.6 billion in the second quarter and could seek to raise as much as $100 billion in its offering — both figures that would surpass what ****** eX achieved when it went public in June at a $1.77 trillion valuation.
Investors have projected that Anthropic's annualized revenue will reach between $100 billion and $120 billion before year's end, representing more than tenfold growth from the $47 billion annualized revenue the company reported in May, according to the Financial Times as cited in earlier reporting. Morgan Stanley, Goldman Sachs, and JPMorgan are leading the offering. The company filed paperwork with the Securities and Exchange Commission in June.
#billion #bloomberg #trillion #according
2 months ago
Kylie Jenner has officially sold her longtime Hidden Hills mansion for $15.3 million. The 29-year-old multi-million-dollar beauty brand founder originally wanted $20.25 million for the property, but the final deal came after a series of price changes. The sale also comes as Jenner works on a new dream home nearby.
As per TMZ, the sale was completed on Friday, Sept. 11, according to property records. Jenner first put the mansion on the market for $20.25 million in March. A month later, the asking price dropped by $2.3 million to $17.99 million before the property eventually sold for $15.3 million.
The home had already entered a pending sale status by Wednesday, Sept. 2. However, the final price came in about $2.7 million below the reduced asking price and nearly $5 million under the original listing price.
Jenner bought the property for $12.05 million in late 2016 when she was 19. The sprawling estate covers more than 13,000 square feet and sits on a private 1.4-acre lot.
The eight-bedroom home features a private theater, game room with a wet bar, office with a fireplace, gym and massage room. The property also includes eight full bathrooms, along with an attached guest residence that has its own entrance, bedroom, bathroom, kitchenette, sitting area and courtyard.
#price #sale #home #final
As per TMZ, the sale was completed on Friday, Sept. 11, according to property records. Jenner first put the mansion on the market for $20.25 million in March. A month later, the asking price dropped by $2.3 million to $17.99 million before the property eventually sold for $15.3 million.
The home had already entered a pending sale status by Wednesday, Sept. 2. However, the final price came in about $2.7 million below the reduced asking price and nearly $5 million under the original listing price.
Jenner bought the property for $12.05 million in late 2016 when she was 19. The sprawling estate covers more than 13,000 square feet and sits on a private 1.4-acre lot.
The eight-bedroom home features a private theater, game room with a wet bar, office with a fireplace, gym and massage room. The property also includes eight full bathrooms, along with an attached guest residence that has its own entrance, bedroom, bathroom, kitchenette, sitting area and courtyard.
#price #sale #home #final
2 months ago
Kylie Jenner sold her Hidden Hills, Calif., mansion for $15.3 million after initially listing it for $20.25 million in March
The 13,000-square-foot property includes eight bedrooms, a private theater, a pool and a guest residence
Jenner is building a new "dream Italian home" on a five-acre plot she reportedly purchased in 2020 for $15 million
Kylie Jenner has officially sold her longtime Southern California mansion.
According to the listing — which was held by Million Dollar Listing alums Josh and Matt Altman of Douglas Elliman — the sprawling Hidden Hills home was sold for $15.3 million. Property records indicate the sale was completed on Friday, Sept. 11.
#jenner
The 13,000-square-foot property includes eight bedrooms, a private theater, a pool and a guest residence
Jenner is building a new "dream Italian home" on a five-acre plot she reportedly purchased in 2020 for $15 million
Kylie Jenner has officially sold her longtime Southern California mansion.
According to the listing — which was held by Million Dollar Listing alums Josh and Matt Altman of Douglas Elliman — the sprawling Hidden Hills home was sold for $15.3 million. Property records indicate the sale was completed on Friday, Sept. 11.
#jenner
2 months ago
Sept 14 (Reuters) - DeepSeek plans to hire Yan Wentao, a partner at venture-capital firm GL Ventures, as its first chief financial officer, two people with knowledge of the matter said, as the Chinese AI startup prepares for a potential initial public offering.
Reuters reported last week that Hangzhou-based DeepSeek had hired Chinese brokerage CITIC Securities to prepare for a possible listing on Shanghai's technology-focused STAR Market.
A CFO typically plays a central role in managing investor communications, financial controls, capital allocation and disclosure processes required for a listing.
The appointment of Yan, who has dealmaking experience, to the role would be a significant step in DeepSeek's transformation from a research-focused lab bankrolled by its founder's hedge fund into a more conventional corporate structure.
The sources on his planned appointment could not be named because they were not authorised to speak publicly on the issue.
#reuters #capital #role #sept
Reuters reported last week that Hangzhou-based DeepSeek had hired Chinese brokerage CITIC Securities to prepare for a possible listing on Shanghai's technology-focused STAR Market.
A CFO typically plays a central role in managing investor communications, financial controls, capital allocation and disclosure processes required for a listing.
The appointment of Yan, who has dealmaking experience, to the role would be a significant step in DeepSeek's transformation from a research-focused lab bankrolled by its founder's hedge fund into a more conventional corporate structure.
The sources on his planned appointment could not be named because they were not authorised to speak publicly on the issue.
#reuters #capital #role #sept
2 months ago
Energy Transfer LP (NYSE:ET) is set to move the primary listing of its common and Series I preferred units from the New York Stock Exchange to the Texas Stock Exchange in early October, making it the first major company to make such a switch from the NYSE to the newly established Dallas exchange. Reuters said the companies moving to TXSE, including Energy Transfer and related energy businesses, represent nearly $100 billion in combined market value, giving the fledgling exchange an important early credibility boost.
For Energy Transfer LP (NYSE:ET), however, the more important question is whether the move can eventually translate into better investor visibility or valuation rather than simply giving the company a stronger Texas identity. WSJ reported that Energy Transfer is worth roughly $75 billion and that Executive Chairman Kelcy Warren is a major backer of TXSE, owning about 30% of its parent company. That relationship makes the listing particularly significant, but it also means investors may scrutinize whether the decision creates a tangible benefit for Energy Transfer unitholders rather than primarily helping establish the new exchange.
The strongest bull argument is that Energy Transfer LP (NYSE:ET) is positioning itself ahead of a potentially important shift in the U.S. energy infrastructure market. TXSE is backed by major financial institutions including BlackRock, Citadel Securities, and Charles Schwab, and winning a roughly $75 billion company gives the exchange substantially more credibility with institutional investors. If TXSE attracts additional large energy companies, Energy Transfer could benefit from becoming one of the exchange's anchor names and gaining greater visibility among investors already focused on Texas-based energy infrastructure.
More importantly, the listing decision fits the underlying environment in which Energy Transfer LP (NYSE:ET) operates. Reuters has highlighted continued investment in U.S. gas-fired generation, LNG infrastructure, and pipeline networks as electricity demand rises and countries seek reliable energy supplies. The U.S. is also building substantial additional LNG export capacity. That matters because Energy Transfer's extensive midstream network can benefit from higher volumes of natural gas, crude oil, and NGLs without taking the same direct commodity-price exposure as upstream producers. If rising power demand from data centers and continued LNG development drive greater demand for U.S. gas transportation, Energy Transfer could see expanding opportunities to place additional infrastructure into service and lock in long-duration cash flows.
#transfer #company #infrastructure #listing
For Energy Transfer LP (NYSE:ET), however, the more important question is whether the move can eventually translate into better investor visibility or valuation rather than simply giving the company a stronger Texas identity. WSJ reported that Energy Transfer is worth roughly $75 billion and that Executive Chairman Kelcy Warren is a major backer of TXSE, owning about 30% of its parent company. That relationship makes the listing particularly significant, but it also means investors may scrutinize whether the decision creates a tangible benefit for Energy Transfer unitholders rather than primarily helping establish the new exchange.
The strongest bull argument is that Energy Transfer LP (NYSE:ET) is positioning itself ahead of a potentially important shift in the U.S. energy infrastructure market. TXSE is backed by major financial institutions including BlackRock, Citadel Securities, and Charles Schwab, and winning a roughly $75 billion company gives the exchange substantially more credibility with institutional investors. If TXSE attracts additional large energy companies, Energy Transfer could benefit from becoming one of the exchange's anchor names and gaining greater visibility among investors already focused on Texas-based energy infrastructure.
More importantly, the listing decision fits the underlying environment in which Energy Transfer LP (NYSE:ET) operates. Reuters has highlighted continued investment in U.S. gas-fired generation, LNG infrastructure, and pipeline networks as electricity demand rises and countries seek reliable energy supplies. The U.S. is also building substantial additional LNG export capacity. That matters because Energy Transfer's extensive midstream network can benefit from higher volumes of natural gas, crude oil, and NGLs without taking the same direct commodity-price exposure as upstream producers. If rising power demand from data centers and continued LNG development drive greater demand for U.S. gas transportation, Energy Transfer could see expanding opportunities to place additional infrastructure into service and lock in long-duration cash flows.
#transfer #company #infrastructure #listing
