2 hours ago
Mexico's government is slashing financial ******* istance for the state energy major by as much as 70% despite Pemex's continued struggle to pay down debt and boost production. The decision rests on expectations that the company will benefit from the oil and gas price rally spurred by the U.S. and Israeli war against Iran.
Per a Bloomberg report from this week, the government of Mexico sees Pemex posting a rare cash surplus of some 95 billion pesos, or around $5.63 billion, as a result of the oil price rally. Based on those expectations, the Scheinbaum government stipulated financial help of just 81 billion pesos for the company in next year's budget, equivalent to some $4.8 billion. This was down by 70% from this year.
"We said that by 2027, support for Pemex would be very limited, and that's indeed the case," President Sheinbaum told media this week. "Pemex now receives very little support from the Mexican government, and its own finances will sustain its development."
Mexico's energy major is the most indebted company in the world, with a load of some $105 billion as of mid-2025, of which some $20 billion is in unpaid bills to suppliers. Since then, the company has managed to reduce the debt pile to some $79 billion as of the end of the first quarter of this year. The company said in a news release at the time that this was the lowest its debt has been since 2014.
Meanwhile, however, boosting refining output has turned out to be a challenge, and issues with crude quality—including high water content—have alienated key buyers over the past couple of years. The previous administration of Mexico focused on supporting the company by turning it back into a monopoly on the Mexican energy market. The Scheinbaum government, on the other hand, moved to open up the Mexican oil industry to other players as well, launching a new contract framework for joint ventures, the so-called mixed contracts. In mixed development allocations, Pemex can enter into an agreement with one or more private firms.
#PEMEX #government #scheinbaum #since
Per a Bloomberg report from this week, the government of Mexico sees Pemex posting a rare cash surplus of some 95 billion pesos, or around $5.63 billion, as a result of the oil price rally. Based on those expectations, the Scheinbaum government stipulated financial help of just 81 billion pesos for the company in next year's budget, equivalent to some $4.8 billion. This was down by 70% from this year.
"We said that by 2027, support for Pemex would be very limited, and that's indeed the case," President Sheinbaum told media this week. "Pemex now receives very little support from the Mexican government, and its own finances will sustain its development."
Mexico's energy major is the most indebted company in the world, with a load of some $105 billion as of mid-2025, of which some $20 billion is in unpaid bills to suppliers. Since then, the company has managed to reduce the debt pile to some $79 billion as of the end of the first quarter of this year. The company said in a news release at the time that this was the lowest its debt has been since 2014.
Meanwhile, however, boosting refining output has turned out to be a challenge, and issues with crude quality—including high water content—have alienated key buyers over the past couple of years. The previous administration of Mexico focused on supporting the company by turning it back into a monopoly on the Mexican energy market. The Scheinbaum government, on the other hand, moved to open up the Mexican oil industry to other players as well, launching a new contract framework for joint ventures, the so-called mixed contracts. In mixed development allocations, Pemex can enter into an agreement with one or more private firms.
#PEMEX #government #scheinbaum #since
3 hours ago
Northern Trust Corporation (NASDAQ:NTRS) announced on September 7 that Warwickshire Pension Fund had appointed it to provide global custody, valuation reporting, capital call execution and performance measurement. The UK public pension fund has approximately £3.6 billion, or $4.8 billion, in ****** ets.
The appointment strengthens the pension-servicing franchise of Northern Trust Corporation (NASDAQ:NTRS). Contract duration and fees were not disclosed in the announcement. The investment question is whether the relationship can generate meaningful recurring revenue and support further wins.
Scale sets the hurdle. Northern Trust Corporation (NASDAQ:NTRS) reported $20.0 trillion of ****** ets under custody or administration at June 30. Warwickshire's ****** ets equal approximately 0.024% of that base. The pension ****** ets represent a servicing opportunity, with revenue depending on the services provided and contractual pricing.
Northern Trust Corporation (NASDAQ:NTRS) won responsibility for several connected functions. Combining custody, valuation reporting, and performance measurement could make the relationship more embedded in the fund's operations. Capital call execution also provides a role in supporting private-market investments.
Warwickshire is one of 18 partner funds in Border to Coast Pensions Partnership. For Northern Trust Corporation (NASDAQ:NTRS), successful delivery could provide a reference for additional pension mandates. The opportunity lies in repeating the service model across clients and expanding relationships as operational needs evolve.
#pension #assets
The appointment strengthens the pension-servicing franchise of Northern Trust Corporation (NASDAQ:NTRS). Contract duration and fees were not disclosed in the announcement. The investment question is whether the relationship can generate meaningful recurring revenue and support further wins.
Scale sets the hurdle. Northern Trust Corporation (NASDAQ:NTRS) reported $20.0 trillion of ****** ets under custody or administration at June 30. Warwickshire's ****** ets equal approximately 0.024% of that base. The pension ****** ets represent a servicing opportunity, with revenue depending on the services provided and contractual pricing.
Northern Trust Corporation (NASDAQ:NTRS) won responsibility for several connected functions. Combining custody, valuation reporting, and performance measurement could make the relationship more embedded in the fund's operations. Capital call execution also provides a role in supporting private-market investments.
Warwickshire is one of 18 partner funds in Border to Coast Pensions Partnership. For Northern Trust Corporation (NASDAQ:NTRS), successful delivery could provide a reference for additional pension mandates. The opportunity lies in repeating the service model across clients and expanding relationships as operational needs evolve.
#pension #assets
3 hours ago
In 2024, Catalent tapped direct lenders for a $4.2 billion term loan to fund its acquisition by Novo Holdings. Last month, the drug manufacturer refinanced with a $4.1 billion syndicated loan that it says will cut its annual interest expense by about $100 million.
Catalent's move captures a shift under way in the leveraged finance market, according to a new report from DC Advisory. Redemptions from retail investors are contributing to the erosion of private credit's pricing advantage, creating an opening for banks to win refinancing business.
The problems in the retail private credit market show few signs of abating.
All the largest direct lenders, such as Ares, Apollo and KKR, also run business development companies, the most common form of credit fund aimed at individual investors, all under varying degrees of pressure to redeem investors.
PitchBook LCD reported on Wednesday that investors in Cliffwater's direct lending interval fund sought to redeem 16% of shares outstanding in the third quarter, down from 17% in the prior quarter.
#billion #private
Catalent's move captures a shift under way in the leveraged finance market, according to a new report from DC Advisory. Redemptions from retail investors are contributing to the erosion of private credit's pricing advantage, creating an opening for banks to win refinancing business.
The problems in the retail private credit market show few signs of abating.
All the largest direct lenders, such as Ares, Apollo and KKR, also run business development companies, the most common form of credit fund aimed at individual investors, all under varying degrees of pressure to redeem investors.
PitchBook LCD reported on Wednesday that investors in Cliffwater's direct lending interval fund sought to redeem 16% of shares outstanding in the third quarter, down from 17% in the prior quarter.
#billion #private
3 hours ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Gold doesn't rise or fall because of a single economic event. Its price reflects the decisions of millions of investors, central banks, manufacturers, jewelers, and others around the world. Those decisions are shaped by changing economic conditions and future expectations.
Understanding what drives the price of gold means learning how multiple forces interact. Sometimes they reinforce one another. Sometimes they pull in opposite directions. That's why different headlines can describe the same market move from different angles.
Every second the global gold market is open, buyers and sellers are negotiating a price — but they're not all buying gold for the same reason.
An investor may be looking to diversify a portfolio. A jewelry manufacturer may need gold for finished products. A technology company may use it in electronic components. A central bank may be increasing its reserves. Another investor may believe interest rates are about to fall.
#Gold #price #economic #different
Gold doesn't rise or fall because of a single economic event. Its price reflects the decisions of millions of investors, central banks, manufacturers, jewelers, and others around the world. Those decisions are shaped by changing economic conditions and future expectations.
Understanding what drives the price of gold means learning how multiple forces interact. Sometimes they reinforce one another. Sometimes they pull in opposite directions. That's why different headlines can describe the same market move from different angles.
Every second the global gold market is open, buyers and sellers are negotiating a price — but they're not all buying gold for the same reason.
An investor may be looking to diversify a portfolio. A jewelry manufacturer may need gold for finished products. A technology company may use it in electronic components. A central bank may be increasing its reserves. Another investor may believe interest rates are about to fall.
#Gold #price #economic #different
3 hours ago
NBA ticket prices are turning live basketball into a luxury appeared first on ClutchPoints. Add ClutchPoints as a Preferred Source by clicking here.
The NBA sells access to its biggest moments, but opening-week prices for the 2026-27 season suggest that access increasingly belongs to fans with deep pockets. SeatPick examined the 41 games on the schedule from Oct. 20 through Oct. 25 and calculated a $326 average ticket price across the league.
That figure already represents a serious commitment for one seat. The market becomes even more extreme around marquee teams and matchups. At the opposite end, several fanbases can enter the building for a fraction of that amount. The result resembles two different NBA experiences: one that invites broad participation and another that treats entry as a luxury purchase.
Demand will always separate a major event from an ordinary night on the schedule. Still, a league fueled by emotional investment should care when its most devoted supporters can follow the moment more easily than they can afford to witness it.
Watch sports LIVE with fuboTV (free trial)
#schedule #preferred
The NBA sells access to its biggest moments, but opening-week prices for the 2026-27 season suggest that access increasingly belongs to fans with deep pockets. SeatPick examined the 41 games on the schedule from Oct. 20 through Oct. 25 and calculated a $326 average ticket price across the league.
That figure already represents a serious commitment for one seat. The market becomes even more extreme around marquee teams and matchups. At the opposite end, several fanbases can enter the building for a fraction of that amount. The result resembles two different NBA experiences: one that invites broad participation and another that treats entry as a luxury purchase.
Demand will always separate a major event from an ordinary night on the schedule. Still, a league fueled by emotional investment should care when its most devoted supporters can follow the moment more easily than they can afford to witness it.
Watch sports LIVE with fuboTV (free trial)
#schedule #preferred
3 hours ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Mortgage rates are the highest they've been in well over a year, and the Federal Reserve is considering a rate hike, while the bond market is reaching multi-year yields. What will it take for mortgage rates to finally move down?
See today's best rates.
No. As of Sept. 10, Freddie Mac reported that the average 30-year fixed-rate mortgage rate was 6.76%. This is five basis points higher than last week. At this time in September 2025, mortgage rates averaged 6.35%, 41 basis points lower.
The average 15-year fixed mortgage rate this week was 6.09%, up five basis points from last week, and 59 basis points higher than this time last year.
#points #week #average
Mortgage rates are the highest they've been in well over a year, and the Federal Reserve is considering a rate hike, while the bond market is reaching multi-year yields. What will it take for mortgage rates to finally move down?
See today's best rates.
No. As of Sept. 10, Freddie Mac reported that the average 30-year fixed-rate mortgage rate was 6.76%. This is five basis points higher than last week. At this time in September 2025, mortgage rates averaged 6.35%, 41 basis points lower.
The average 15-year fixed mortgage rate this week was 6.09%, up five basis points from last week, and 59 basis points higher than this time last year.
#points #week #average
3 hours ago
Kroger (KR) stock has inched lower ahead of the department store chain's fiscal Q2 results, which are set to be published before the market opens on Sept. 11. Consensus is for the retailer to post $1.05 a share of earnings (EPS) for the quarter, which would represent a 0.96% increase versus last year.
The earnings event comes as Kroger shares have fallen out of favor with investors, currently down nearly 25% versus their year-to-date high.
Why It's Time to Load Up on Intel Stock
Nvidia CEO Jensen Huang Just Called CrowdStrike Its Top Security Partner. How to Play CRWD Stock Here.
Google Plans to Build Mammoth Solar Farm on an Abandoned Coal Mine. This Penny Stock Just Won the Deal.
#year #sept #consensus #Intel
The earnings event comes as Kroger shares have fallen out of favor with investors, currently down nearly 25% versus their year-to-date high.
Why It's Time to Load Up on Intel Stock
Nvidia CEO Jensen Huang Just Called CrowdStrike Its Top Security Partner. How to Play CRWD Stock Here.
Google Plans to Build Mammoth Solar Farm on an Abandoned Coal Mine. This Penny Stock Just Won the Deal.
#year #sept #consensus #Intel
3 hours ago
Digital Realty Trust, Inc. (NYSE:DLR) announced the opening of its 6.4-megawatt NBO2 data center in Nairobi on September 7, expanding the campus alongside NBO1. The opening coincides with subsidiary iColo's transition to the parent's brand in Kenya and Mozambique.
The attraction extends beyond additional server ****** e. Customers can access the campus's community of more than 100 networks, two internet exchanges and a satellite teleport, which connects terrestrial networks with satellite services. These are connectivity options, not a disclosure of NBO2's leased capacity or customer count.
For Digital Realty Trust, Inc. (NYSE:DLR), the opportunity is to turn that concentration of networks into recurring customer relationships. The opening announcement did not disclose development cost, pre-leasing, occupancy, or expected revenue, leaving the financial payoff unresolved.
Interconnection can give customers a reason to choose a facility beyond price. Physical connections between customers and network providers can reduce latency and support more reliable data exchange. For businesses serving several markets, having carriers and partners close together can simplify how traffic moves between them.
That creates a potential network effect for Digital Realty Trust, Inc. (NYSE:DLR). More useful connections can attract additional customers, making the location more valuable to others. Once customers build several connections into their operations, relocating can become more disruptive. The resulting retention advantage could support recurring revenue, although it remains an investment thesis rather than a demonstrated NBO2 result.
#digital #connections
The attraction extends beyond additional server ****** e. Customers can access the campus's community of more than 100 networks, two internet exchanges and a satellite teleport, which connects terrestrial networks with satellite services. These are connectivity options, not a disclosure of NBO2's leased capacity or customer count.
For Digital Realty Trust, Inc. (NYSE:DLR), the opportunity is to turn that concentration of networks into recurring customer relationships. The opening announcement did not disclose development cost, pre-leasing, occupancy, or expected revenue, leaving the financial payoff unresolved.
Interconnection can give customers a reason to choose a facility beyond price. Physical connections between customers and network providers can reduce latency and support more reliable data exchange. For businesses serving several markets, having carriers and partners close together can simplify how traffic moves between them.
That creates a potential network effect for Digital Realty Trust, Inc. (NYSE:DLR). More useful connections can attract additional customers, making the location more valuable to others. Once customers build several connections into their operations, relocating can become more disruptive. The resulting retention advantage could support recurring revenue, although it remains an investment thesis rather than a demonstrated NBO2 result.
#digital #connections
3 hours ago
Our ****** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Management attributed record-breaking results to a 'stellar' market environment where geopolitical tensions, specifically the closure of the Strait of Hormuz, have significantly increased ton-mile dislocation.
The company is executing a massive $3.1 billion fleet renewal program involving 26 newbuildings, with management noting that these ****** ets have already appreciated by approximately 30% since contracting.
Strategic positioning focuses on a 'balanced' model, using fixed-rate charters to cover all-in break-even costs while utilizing spot and profit-sharing contracts to capture market upside.
Management highlighted an unprecedented appetite from major oil companies, who are now seeking long-term charters of up to 7 years for vessels aged 10 years or younger.
#management #years #hormuz
Management attributed record-breaking results to a 'stellar' market environment where geopolitical tensions, specifically the closure of the Strait of Hormuz, have significantly increased ton-mile dislocation.
The company is executing a massive $3.1 billion fleet renewal program involving 26 newbuildings, with management noting that these ****** ets have already appreciated by approximately 30% since contracting.
Strategic positioning focuses on a 'balanced' model, using fixed-rate charters to cover all-in break-even costs while utilizing spot and profit-sharing contracts to capture market upside.
Management highlighted an unprecedented appetite from major oil companies, who are now seeking long-term charters of up to 7 years for vessels aged 10 years or younger.
#management #years #hormuz
3 hours ago
(Table below reflects daily flows on September 9, 2026 and ******* et totals as of that date.)
ETF Brand League Table
Welcome to the etf.com league table. On this page, you'll find the U.S. ETF market through different lenses: brand and issuer. What's the difference? The brand is what the ETF says on the tin. For example, "iShares" is the brand of issuer "BlackRock's" ETFs. Because many issuers license their ETF infrastructure to third parties, we present the data in both ways. The identification of the correct brand and legal issuer is done by our key data provider, FactSet.
Brand
AUM ($, mm)
#table #welcome #etfs
ETF Brand League Table
Welcome to the etf.com league table. On this page, you'll find the U.S. ETF market through different lenses: brand and issuer. What's the difference? The brand is what the ETF says on the tin. For example, "iShares" is the brand of issuer "BlackRock's" ETFs. Because many issuers license their ETF infrastructure to third parties, we present the data in both ways. The identification of the correct brand and legal issuer is done by our key data provider, FactSet.
Brand
AUM ($, mm)
#table #welcome #etfs
4 hours ago
ExxonMobil Holdings Corporation (NYSE:XOM) agreed to increase its Papua LNG interest from 28.7% to 34.1% and ***** ume operatorship, as disclosed on September 7. The proposed ownership percentages reflect Papua New Guinea's state participation rights.
Papua LNG targets a fourth-quarter 2026 final investment decision, or FID. Santos Limited (ASX:STO) disclosed FID as a closing condition for its own stake acquisition; the operatorship announcement did not specify an equivalent condition.
TotalEnergies SE (NYSE:TTE) said redesign and contractor rebidding had reduced estimated development spending by nearly $4 billion since 2024 to approximately $14 billion. The project would produce 5.6 million tonnes of liquefied natural gas annually. The question is whether that smaller budget can support attractive returns through construction and an uncertain LNG market.
ExxonMobil Holdings Corporation (NYSE:XOM) already operates neighboring PNG LNG. Combining operatorship could improve coordination during construction and operations, including the redesigned handling of upstream condensate. That gives the proposed efficiency gains a practical basis in existing infrastructure and local experience.
The cost reduction is substantial. Mechanically, nearly $4 billion off an approximately $18 billion previous estimate represents about 22%. For ExxonMobil Holdings Corporation (NYSE:XOM), lower development spending would reduce the capital required to generate each future dollar of project cash flow, ***** uming production and operating economics hold.
#holdings #operatorship
Papua LNG targets a fourth-quarter 2026 final investment decision, or FID. Santos Limited (ASX:STO) disclosed FID as a closing condition for its own stake acquisition; the operatorship announcement did not specify an equivalent condition.
TotalEnergies SE (NYSE:TTE) said redesign and contractor rebidding had reduced estimated development spending by nearly $4 billion since 2024 to approximately $14 billion. The project would produce 5.6 million tonnes of liquefied natural gas annually. The question is whether that smaller budget can support attractive returns through construction and an uncertain LNG market.
ExxonMobil Holdings Corporation (NYSE:XOM) already operates neighboring PNG LNG. Combining operatorship could improve coordination during construction and operations, including the redesigned handling of upstream condensate. That gives the proposed efficiency gains a practical basis in existing infrastructure and local experience.
The cost reduction is substantial. Mechanically, nearly $4 billion off an approximately $18 billion previous estimate represents about 22%. For ExxonMobil Holdings Corporation (NYSE:XOM), lower development spending would reduce the capital required to generate each future dollar of project cash flow, ***** uming production and operating economics hold.
#holdings #operatorship
4 hours ago
Tamboran Resources Corporation (NYSE:TBN) announced September 7 that it and Daly Waters Energy, LP had begun gas sales from the Shenandoah South Pilot Project into Australia's Northern Territory network. The deliveries mark the Beetaloo Basin's first gas sales and move the project into revenue generation.
The Sturt Plateau Compression Facility has a capacity of approximately 48.5 million cubic feet per day. Contracted supply of approximately 38.8 million cubic feet per day is expected by early 2027 under a long-term take-or-pay agreement with the Northern Territory Government. These are gross project volumes. Commissioning gas receives a discounted price because supply remains interruptible.
Tamboran Resources Corporation (NYSE:TBN) now has a working route from wells through processing infrastructure to a customer. All five wells on the Shenandoah South 2 pad have been drilled, stimulated and connected to the facility. Initial deliveries reduce uncertainty around the physical connection between the resource and its market.
Contracted demand equals 80% of stated processing capacity, providing a substantial foundation for utilization once production reaches the target. Take-or-pay agreements generally require buyers to pay for committed volumes even if they do not take delivery, subject to contractual conditions.
The gas sales agreement specifies a fixed price with annual adjustments linked to Australia's Consumer Price Index. That structure provides more revenue visibility than relying entirely on spot-market demand, although the price remains confidential.
#corporation
The Sturt Plateau Compression Facility has a capacity of approximately 48.5 million cubic feet per day. Contracted supply of approximately 38.8 million cubic feet per day is expected by early 2027 under a long-term take-or-pay agreement with the Northern Territory Government. These are gross project volumes. Commissioning gas receives a discounted price because supply remains interruptible.
Tamboran Resources Corporation (NYSE:TBN) now has a working route from wells through processing infrastructure to a customer. All five wells on the Shenandoah South 2 pad have been drilled, stimulated and connected to the facility. Initial deliveries reduce uncertainty around the physical connection between the resource and its market.
Contracted demand equals 80% of stated processing capacity, providing a substantial foundation for utilization once production reaches the target. Take-or-pay agreements generally require buyers to pay for committed volumes even if they do not take delivery, subject to contractual conditions.
The gas sales agreement specifies a fixed price with annual adjustments linked to Australia's Consumer Price Index. That structure provides more revenue visibility than relying entirely on spot-market demand, although the price remains confidential.
#corporation
4 hours ago
Biohaven (BHVN) stock plummeted Thursday after the company paused enrollment in a midstage study of its seizure treatment due to safety concerns.
The Food and Drug Administration is now requiring Biohaven to ***** s the potential for human toxicity from a metabolite in the drug, opakalim. Opakalim is in testing as a treatment for focal onset seizures. But, in rats, it proved toxic.
Dosing is still ongoing. But the rodent toxicity setback likely delays potential regulatory approval. That's a boon for Xenon Pharmaceuticals (XENE), which is in late-stage testing with its drug, azetukalner. Both drugs work by opening potassium channels in the nervous system to calm overactive brain cells.
On the stock market today, Biohaven stock dropped 14.7% to 12.79. Shares fell below their 21-day and 50-day moving averages on the news, MarketSurge shows. Xenon stock slid a fraction to 58.80.
To ask for FDA approval, Biohaven will need the results of studies called RISE-2 and RISE-3. The hold was placed on the former, but the latter is still ongoing. The company expects to have the results from RISE-3 later this year.
#toxicity
The Food and Drug Administration is now requiring Biohaven to ***** s the potential for human toxicity from a metabolite in the drug, opakalim. Opakalim is in testing as a treatment for focal onset seizures. But, in rats, it proved toxic.
Dosing is still ongoing. But the rodent toxicity setback likely delays potential regulatory approval. That's a boon for Xenon Pharmaceuticals (XENE), which is in late-stage testing with its drug, azetukalner. Both drugs work by opening potassium channels in the nervous system to calm overactive brain cells.
On the stock market today, Biohaven stock dropped 14.7% to 12.79. Shares fell below their 21-day and 50-day moving averages on the news, MarketSurge shows. Xenon stock slid a fraction to 58.80.
To ask for FDA approval, Biohaven will need the results of studies called RISE-2 and RISE-3. The hold was placed on the former, but the latter is still ongoing. The company expects to have the results from RISE-3 later this year.
#toxicity
4 hours ago
Investors hammered Cooper Companies (COO) on Thursday after the medtech's fiscal third-quarter sales lagged Wall Street's expectations, leading to a guidance cut.
Specifically, the CooperVision segment — which sells contact lenses — missed expectations by 4.5%, William Blair **** yst Steven Lichtman said in a report. The miss was due to destocking. Further, the company opted against selling its CooperSurgical business following a strategic review.
"The 'no sale' is a surprise after management highlighted prospective buyers on the last earnings call," he said. "With CVI (CooperVision) results also disappointing, the stock moves back into the penalty box."
On today's stock market, Cooper Companies shares toppled 14.7%, closing at 54.17. Shares are already trading well below their key moving averages, IBD MarketSurge charts show.
Cooper said it couldn't sell the surgical division due to competition for its implantable contraceptive, Paragard, an intrauterine device. In June, Organon (OGN) licensed Miudella, a rival to Cooper's non-hormonal IUD. Cooper is also facing fertility litigation, BofA Securities **** yst Travis Steed said in a note to clients.
#Companies #expectations #investors #wall
Specifically, the CooperVision segment — which sells contact lenses — missed expectations by 4.5%, William Blair **** yst Steven Lichtman said in a report. The miss was due to destocking. Further, the company opted against selling its CooperSurgical business following a strategic review.
"The 'no sale' is a surprise after management highlighted prospective buyers on the last earnings call," he said. "With CVI (CooperVision) results also disappointing, the stock moves back into the penalty box."
On today's stock market, Cooper Companies shares toppled 14.7%, closing at 54.17. Shares are already trading well below their key moving averages, IBD MarketSurge charts show.
Cooper said it couldn't sell the surgical division due to competition for its implantable contraceptive, Paragard, an intrauterine device. In June, Organon (OGN) licensed Miudella, a rival to Cooper's non-hormonal IUD. Cooper is also facing fertility litigation, BofA Securities **** yst Travis Steed said in a note to clients.
#Companies #expectations #investors #wall
4 hours ago
October WTI crude oil (CLV26) closed up +6.43 (+6.69%) on Thursday, and October RBOB gasoline (RBV26) closed up +0.1826 (+5.69%).
Crude oil and gasoline prices surged on Thursday, with crude oil posting a 3.5-month high and gasoline posting a 2-week high. Crude prices are rallying sharply amid fears that the US-Iran war will persist, reducing Middle East energy exports and tightening global oil supplies. Crude prices rallied on Thursday despite a bearish weekly EIA inventory report.
Crude Oil Prices Soar on Fears US-Iran War to Persist
What are Markets Waiting on Thursday Morning?
Nat-Gas Prices Recover as European Nat-Gas Surges
#october #fears #closed
Crude oil and gasoline prices surged on Thursday, with crude oil posting a 3.5-month high and gasoline posting a 2-week high. Crude prices are rallying sharply amid fears that the US-Iran war will persist, reducing Middle East energy exports and tightening global oil supplies. Crude prices rallied on Thursday despite a bearish weekly EIA inventory report.
Crude Oil Prices Soar on Fears US-Iran War to Persist
What are Markets Waiting on Thursday Morning?
Nat-Gas Prices Recover as European Nat-Gas Surges
#october #fears #closed
4 hours ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Mortgage rates continue to rise as 2026 nears its fourth quarter. What is the outlook for home loan rates in the next five years? Should you wait for mortgage rates to fall significantly before buying or refinancing? Mortgage interest rates are determined by several factors, all of which can give us clues about the future. Let's take a closer look at mortgage rate predictions over the next five years.
Here are the housing market predictions for 2026.
One of the most useful indicators for predicting mortgage rates is the yield on the 10-year U.S. Treasury note. Mortgage rates and 10-year Treasury yields typically move in the same direction, although mortgage rates are usually higher because lenders factor in additional risks. This difference is known as the spread, and we'll account for it when estimating where mortgage rates could go.
With that in mind, the first step is to look at where economists believe Treasury yields are headed over the next five years. To build a forecast, we'll combine expert economic projections with data compiled using artificial intelligence.
#rates #treasury #look #predictions
Mortgage rates continue to rise as 2026 nears its fourth quarter. What is the outlook for home loan rates in the next five years? Should you wait for mortgage rates to fall significantly before buying or refinancing? Mortgage interest rates are determined by several factors, all of which can give us clues about the future. Let's take a closer look at mortgage rate predictions over the next five years.
Here are the housing market predictions for 2026.
One of the most useful indicators for predicting mortgage rates is the yield on the 10-year U.S. Treasury note. Mortgage rates and 10-year Treasury yields typically move in the same direction, although mortgage rates are usually higher because lenders factor in additional risks. This difference is known as the spread, and we'll account for it when estimating where mortgage rates could go.
With that in mind, the first step is to look at where economists believe Treasury yields are headed over the next five years. To build a forecast, we'll combine expert economic projections with data compiled using artificial intelligence.
#rates #treasury #look #predictions
5 hours ago
I asked if the soybean rally was over in a June 18, 2026, Barchart article, where I concluded with the following:
The weather over the coming weeks and months during the 2026 growing season is critical for the path of least resistance of CBOT soybean and soybean product futures. However, the situation in the Middle East adds complexities beyond the weather and crop to the soybean market, which could cause sudden price volatility.
Cocoa Prices Gain After Ghana Proposes Raising Farmer Pay
Coffee Prices Settle Higher on Tight ICE Inventories and Vietnam Weather
Arabica Coffee Falls Sharply on ICO Projections for Record Coffee Production
#weather #prices #june #middle
The weather over the coming weeks and months during the 2026 growing season is critical for the path of least resistance of CBOT soybean and soybean product futures. However, the situation in the Middle East adds complexities beyond the weather and crop to the soybean market, which could cause sudden price volatility.
Cocoa Prices Gain After Ghana Proposes Raising Farmer Pay
Coffee Prices Settle Higher on Tight ICE Inventories and Vietnam Weather
Arabica Coffee Falls Sharply on ICO Projections for Record Coffee Production
#weather #prices #june #middle
5 hours ago
Horizon Technology Finance Corp., an affiliate of Monroe Capital, on September 10 said that the RoHo Capital Opportunity Fund LLC, a joint venture formed by Horizon and CR Financial Holdings, Inc., the holding company for Roth Capital Partners, LLC, has provided a $20-million senior credit facility to NeoVolta, Inc., with the ability to increase the facility to $30 million upon mutual agreement. An initial $20 million was funded at closing to support NeoVolta's continued growth.NeoVolta is an energy technology company focused on developing and manufacturing domestic battery energy storage systems (BESS). Together with its joint venture partner LONGi, NeoVolta is developing a 210,600-square-foot manufacturing facility in Pendergrass, Georgia, to produce BESS systems designed to meet U.S. domestic content and supply-chain requirements. The facility is expected to have an initial annual production capacity of up to 2 GWh, with the potential to scale to 8 GWh over time."Providing growth capital to innovative companies operating in attractive, high-growth markets is a core focus of RoHo's investment strategy," said Paul Seitz, chief investment officer of Horizon. "Formed by Horizon and Roth Capital, RoHo pairs Horizon's venture lending and structuring expertise with Roth's deep public markets relationships to deliver flexible growth capital to small- and micro-cap public companies. We are pleased to support NeoVolta's growth plans with a tailored financing solution and look forward to continuing to deploy capital through RoHo in support of innovative public companies pursuing significant market opportunities.""Horizon and Roth Capital bring valuable experience and a collaborative approach as we advance NeoVolta's domestic battery energy storage systems manufacturing platform," said Ardes Johnson, CEO of NeoVolta. "As we ramp our Georgia facility and pursue larger commercial and utility-scale opportunities, this relationship supports our ability to execute on our long-term growth strategy."Horizon Technology Finance Corp. is a specialty finance company that provides capital in the form of secured loans to venture capital and private equity-backed companies and publicly traded companies in the technology, life science, healthcare information and services, and sustainability industries. The investment objective of Horizon is to maximize its investment portfolio's return by generating current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. Horizon is headquartered in Farmington, Connecticut, with a regional office in Pleasanton, California, and investment professionals located throughout the U.S.Monroe Capital is a premier ****** et management firm specializing in private credit markets across various strategies, including direct lending, technology finance, venture debt, opportunistic, structured credit, real estate and equity.CR Financial Holdings, Inc., is a private hol
5 hours ago
Sky Protocol, earlier known as MakerDAO, is a decentralized finance (DeFi) project built on Ethereum.
The crypto project is best known for its USDS stablecoin. Pegged 1:1 to the U.S. dollar, USDS attempts to keep its value the same as that of the dollar.
As per the onchain ****** ytics platform DeFiLlama, USDS has a market cap of more than $6 billion and accounts for over 2% of the total stablecoin market.
Sky Protocol's governance token, SKY, gives holders the right to vote on the protocol's future. With a market cap of $1.38 billion, SKY is the 62nd largest cryptocurrency.
Related: Explained: What is a stablecoin?
#stablecoin #project #dollar #billion
The crypto project is best known for its USDS stablecoin. Pegged 1:1 to the U.S. dollar, USDS attempts to keep its value the same as that of the dollar.
As per the onchain ****** ytics platform DeFiLlama, USDS has a market cap of more than $6 billion and accounts for over 2% of the total stablecoin market.
Sky Protocol's governance token, SKY, gives holders the right to vote on the protocol's future. With a market cap of $1.38 billion, SKY is the 62nd largest cryptocurrency.
Related: Explained: What is a stablecoin?
#stablecoin #project #dollar #billion
5 hours ago
Intellia Therapeutics, Inc. (NASDAQ:NTLA) entered a five-year senior secured credit facility with OrbiMed for up to $400 million and drew $75 million at closing. The remaining $325 million depends on milestones or further lender agreement.
The facility bears interest at an annual rate equal to the greater of 3% or the one-month Secured Overnight Financing Rate, plus 6.15%, payable monthly. The formula sets a 9.15% minimum. Applying that floor to the initial borrowing produces approximately $6.9 million of article-calculated annual interest before commitment, administrative, undrawn-amount, and facility fees.
The financing arrives as Intellia Therapeutics, Inc. (NASDAQ:NTLA) prepares for a potential U.S. launch of lonvoguran ziclumeran, or lonvo-z, for hereditary angioedema. Intellia Therapeutics, Inc. (NASDAQ:NTLA) held $628.4 million of cash, cash equivalents, and marketable securities as of June 30, but reported a $106.6 million second-quarter net loss.
The staged structure gives Intellia Therapeutics, Inc. (NASDAQ:NTLA) capital without issuing equity at closing and avoids drawing the full amount before milestones that could support additional debt.
A second $75 million tranche becomes available at the option of Intellia Therapeutics, Inc. (NASDAQ:NTLA) if the FDA approves the biologics license application for lonvo-z before a specified date. Three further $40 million tranches depend on lonvo-z revenue targets, while another $30 million requires an equity-fundraising milestone. This links most committed borrowing capacity to regulatory and commercial progress.
#million #therapeutics #ntla #lonvo
The facility bears interest at an annual rate equal to the greater of 3% or the one-month Secured Overnight Financing Rate, plus 6.15%, payable monthly. The formula sets a 9.15% minimum. Applying that floor to the initial borrowing produces approximately $6.9 million of article-calculated annual interest before commitment, administrative, undrawn-amount, and facility fees.
The financing arrives as Intellia Therapeutics, Inc. (NASDAQ:NTLA) prepares for a potential U.S. launch of lonvoguran ziclumeran, or lonvo-z, for hereditary angioedema. Intellia Therapeutics, Inc. (NASDAQ:NTLA) held $628.4 million of cash, cash equivalents, and marketable securities as of June 30, but reported a $106.6 million second-quarter net loss.
The staged structure gives Intellia Therapeutics, Inc. (NASDAQ:NTLA) capital without issuing equity at closing and avoids drawing the full amount before milestones that could support additional debt.
A second $75 million tranche becomes available at the option of Intellia Therapeutics, Inc. (NASDAQ:NTLA) if the FDA approves the biologics license application for lonvo-z before a specified date. Three further $40 million tranches depend on lonvo-z revenue targets, while another $30 million requires an equity-fundraising milestone. This links most committed borrowing capacity to regulatory and commercial progress.
#million #therapeutics #ntla #lonvo
5 hours ago
But first, what's optoelectronics?
Computers speak in electrons. Fiber in fiber optic cable speaks photons. Connect the two and that's optoelectronics.
Lasers provide the light and modulators encode digital information to be transmitted:
Optoelectronics technology is efficient and solving a data transmission problem that's been an AI bottleneck recently.
Recent pullbacks in two great optoelectronics companies have provided potentially attractive opportunities. The first company is Ciena (CIEN), a $50 billion market capitalization firm that makes high-speed optical network equipment.
#optoelectronics #fiber #connect #speak
Computers speak in electrons. Fiber in fiber optic cable speaks photons. Connect the two and that's optoelectronics.
Lasers provide the light and modulators encode digital information to be transmitted:
Optoelectronics technology is efficient and solving a data transmission problem that's been an AI bottleneck recently.
Recent pullbacks in two great optoelectronics companies have provided potentially attractive opportunities. The first company is Ciena (CIEN), a $50 billion market capitalization firm that makes high-speed optical network equipment.
#optoelectronics #fiber #connect #speak
6 hours ago
ZEELAND - Logan Nash didn't look very tired for a kid who rarely left the football field.
The Zeeland West senior, who is a defensive back and running back, was making tackles left and right with his teammates in a 24-0 win over Newmarket Huron Heights, a team from outside of Toronto.
"That's just how we play football," Nash said. "We're diving around out there jumping on piles. We're nuts."
Huron Heights runs a very similar offense to Zeeland West's Wing-T.
"It's just like playing the Unity boys; hard-tough nosed football," Nash said of conference rival Unity Christian.
#logan
The Zeeland West senior, who is a defensive back and running back, was making tackles left and right with his teammates in a 24-0 win over Newmarket Huron Heights, a team from outside of Toronto.
"That's just how we play football," Nash said. "We're diving around out there jumping on piles. We're nuts."
Huron Heights runs a very similar offense to Zeeland West's Wing-T.
"It's just like playing the Unity boys; hard-tough nosed football," Nash said of conference rival Unity Christian.
#logan
6 hours ago
May Lee was downsized from HP, where she had worked for over 30 years.
After a valuable conversation, she decided to pivot entirely and take a seasonal job in Antarctica.
She can't wait to return to Antarctica for her second job.
This as-told-to essay is based on a conversation with May Lee, a 59-year-old seasonal worker in Antarctica and former marketing and communications manager at HP. It has been edited for length and clarity.
I joined Hewlett-Packard in 1987 as a software engineer intern. As a graduate, I wanted to sign on for life with a good company that I knew I could be loyal to and would be as loyal as a company could be.
#seasonal #packard #downsized
After a valuable conversation, she decided to pivot entirely and take a seasonal job in Antarctica.
She can't wait to return to Antarctica for her second job.
This as-told-to essay is based on a conversation with May Lee, a 59-year-old seasonal worker in Antarctica and former marketing and communications manager at HP. It has been edited for length and clarity.
I joined Hewlett-Packard in 1987 as a software engineer intern. As a graduate, I wanted to sign on for life with a good company that I knew I could be loyal to and would be as loyal as a company could be.
#seasonal #packard #downsized
6 hours ago
Breakout loading. At least that's what the Dallas Cowboys hope after they inked tight end Brevyn Spann-Ford and receiver Ryan Flournoy to a pair of extensions this week. In a break from the norm, the Cowboys went out on a limb and played the speculation market. Channeling his inner oilman, owner Jerry Jones has put his money where his mouth is and bet big on breakouts.
In previous years, it was the Cowboys waiting until after a breakout was achieved before extensions were offered. Terence Steele was signed to a five-year, $82,500,000 deal after his breakout season in 2022. Jaylon Smith was regrettably signed to a five-year, $63,750,000 extension after his breakout season in 2018. And even Dak Prescott, Trevon Diggs and DaRon Bland got signed after already establishing themselves high among the NFL hierarchy.
It doesn't take Wallstreet stockbroker to know investing after something has already blown up has its drawbacks. Sure, seeing success insulates from risk, but it also means investors are buying high. Good deals are made through speculation. They come with risk since they're predictive rather than proven, but they also come at a much lower price and with a much higher upside.
After displaying significant growth in 2025, Flournoy has been a media and fan favorite to breakout in a big way this season. Signing a one-year, $6M extension, Flournoy retains his Cowboydom through the 2027 season. This is important because if George Pickens leaves after the current season, Flournoy ensures a level of continuity amongst the top receiver ranks.
Sources: The #cowboys and WR Ryan Flournoy have agreed to a 1-year contract extension worth up to $6M.
Flournoy is coming off a career year with 40 catches for 475 and 4 TDs. He’s expected to have an even bigger role in the offense this season as the solidified WR3 and now gets… pic.twitter.com/p04Q0S80A9
#extension
In previous years, it was the Cowboys waiting until after a breakout was achieved before extensions were offered. Terence Steele was signed to a five-year, $82,500,000 deal after his breakout season in 2022. Jaylon Smith was regrettably signed to a five-year, $63,750,000 extension after his breakout season in 2018. And even Dak Prescott, Trevon Diggs and DaRon Bland got signed after already establishing themselves high among the NFL hierarchy.
It doesn't take Wallstreet stockbroker to know investing after something has already blown up has its drawbacks. Sure, seeing success insulates from risk, but it also means investors are buying high. Good deals are made through speculation. They come with risk since they're predictive rather than proven, but they also come at a much lower price and with a much higher upside.
After displaying significant growth in 2025, Flournoy has been a media and fan favorite to breakout in a big way this season. Signing a one-year, $6M extension, Flournoy retains his Cowboydom through the 2027 season. This is important because if George Pickens leaves after the current season, Flournoy ensures a level of continuity amongst the top receiver ranks.
Sources: The #cowboys and WR Ryan Flournoy have agreed to a 1-year contract extension worth up to $6M.
Flournoy is coming off a career year with 40 catches for 475 and 4 TDs. He’s expected to have an even bigger role in the offense this season as the solidified WR3 and now gets… pic.twitter.com/p04Q0S80A9
#extension
9 hours ago
Good morning. Stocks were on track for their fourth day of declines on Thursday as investors watched long-dated bond yields amid surging oil prices ahead of this week's key inflation print.
The market has been pricing in a 62% chance of a Fed rate hike ahead of Fed policymakers' meeting next week.
Here's a check of the markets in the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data.
The 2-year yield also gained 10 basis points during the session to 4.53% as traders adjust to the idea that monetary policy will stay "higher for longer."
The 10-year Treasury (^TNX) hovered near 4.91% while Brent crude futures (BZ=F) topped $105 per barrel amid continued Iran-US tensions in the Middle East.
#amid #finance
The market has been pricing in a 62% chance of a Fed rate hike ahead of Fed policymakers' meeting next week.
Here's a check of the markets in the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data.
The 2-year yield also gained 10 basis points during the session to 4.53% as traders adjust to the idea that monetary policy will stay "higher for longer."
The 10-year Treasury (^TNX) hovered near 4.91% while Brent crude futures (BZ=F) topped $105 per barrel amid continued Iran-US tensions in the Middle East.
#amid #finance
9 hours ago
Saint Louis, Missouri-based Centene Corporation (CNC) operates as a healthcare enterprise that provides programs and services to underinsured and uninsured families and commercial organizations in the United States. The company has a market capitalization of $31.6 billion and operates through Medicaid, Medicare, Commercial, and Other segments.
Companies with a market cap of $10 billion or more are typically called "large-cap stocks." CNC fits squarely into that category, with a market cap above this threshold that reflects its substantial size and influence in the healthcare plans industry.
'Not Tens Of Billions, But Tens Of Trillions': Nvidia CEO Jensen Huang Says AI Is Like the New Electricity and the Scale Is Unlike Any Tech in History
What It Means for MSFT Stock Investors as Microsoft Switches to 2 Business Segments
RKLB Stock Jumps as Rocket Lab Debuts New Solar Cell for ****** e
#saint
Companies with a market cap of $10 billion or more are typically called "large-cap stocks." CNC fits squarely into that category, with a market cap above this threshold that reflects its substantial size and influence in the healthcare plans industry.
'Not Tens Of Billions, But Tens Of Trillions': Nvidia CEO Jensen Huang Says AI Is Like the New Electricity and the Scale Is Unlike Any Tech in History
What It Means for MSFT Stock Investors as Microsoft Switches to 2 Business Segments
RKLB Stock Jumps as Rocket Lab Debuts New Solar Cell for ****** e
#saint
9 hours ago
Solana (SOL) has been trading relatively range-bound lately, but bulls have managed to defend the $100 psychological threshold ahead of the Federal Reserve's interest rate decision.
The macroeconomic backdrop continues to be challenging for cryptocurrencies, as inflation in the United States is nearly 200 basis points higher than the central bank's target.
Odds of a rate hike in September have now jumped to 62%, up from a recent low of 50%. Meanwhile, the Treasury Department's decision to triple its bond buybacks did little to change the market's cautious attitude.
As a result, the latest crypto rally has stalled, with SOL experiencing a mild 0.7% advance in the past 7 days.
However, an on-chain metric seems to be indicating that a massive price move is about to take place based on historical patterns.
#rate #meanwhile
The macroeconomic backdrop continues to be challenging for cryptocurrencies, as inflation in the United States is nearly 200 basis points higher than the central bank's target.
Odds of a rate hike in September have now jumped to 62%, up from a recent low of 50%. Meanwhile, the Treasury Department's decision to triple its bond buybacks did little to change the market's cautious attitude.
As a result, the latest crypto rally has stalled, with SOL experiencing a mild 0.7% advance in the past 7 days.
However, an on-chain metric seems to be indicating that a massive price move is about to take place based on historical patterns.
#rate #meanwhile
9 hours ago
Options traders can spend hours searching for the right stock, studying charts, comparing fundamentals and trying to predict the market's next move.
But Barchart expert Rick Orford argues there's another question worth answering before any of that:
Options Flow Alert: Institutional Money Piles Into AMD Stock
Volatility Insurance for Applied Optoelectronics (AAOI) Stock Potentially Inspires a Contrarian Outlook
Unusual Options Activity Points to Big Institutional Bets on These 3 Industries
#options #institutional #money
But Barchart expert Rick Orford argues there's another question worth answering before any of that:
Options Flow Alert: Institutional Money Piles Into AMD Stock
Volatility Insurance for Applied Optoelectronics (AAOI) Stock Potentially Inspires a Contrarian Outlook
Unusual Options Activity Points to Big Institutional Bets on These 3 Industries
#options #institutional #money
9 hours ago
Durham, North Carolina-based IQVIA Holdings Inc. (IQV) provides healthcare research services. Valued at $42.3 billion by market cap, the company offers ******* ytics, technology solutions, and clinical research services to the life sciences industry which helps them in the clinical development and commercialization of medical treatments that improve healthcare outcomes for patients.
Companies worth $10 billion or more are generally described as "large-cap stocks," and IQV perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the diagnostics & research industry. With strong revenue growth and a global presence in over 100 countries, IQVIA's expertise and scale provide a competitive edge that is hard to replicate.
'Not Tens Of Billions, But Tens Of Trillions': Nvidia CEO Jensen Huang Says AI Is Like the New Electricity and the Scale Is Unlike Any Tech in History
What It Means for MSFT Stock Investors as Microsoft Switches to 2 Business Segments
RKLB Stock Jumps as Rocket Lab Debuts New Solar Cell for ******* e
#Research #Stock #healthcare
Companies worth $10 billion or more are generally described as "large-cap stocks," and IQV perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the diagnostics & research industry. With strong revenue growth and a global presence in over 100 countries, IQVIA's expertise and scale provide a competitive edge that is hard to replicate.
'Not Tens Of Billions, But Tens Of Trillions': Nvidia CEO Jensen Huang Says AI Is Like the New Electricity and the Scale Is Unlike Any Tech in History
What It Means for MSFT Stock Investors as Microsoft Switches to 2 Business Segments
RKLB Stock Jumps as Rocket Lab Debuts New Solar Cell for ******* e
#Research #Stock #healthcare
9 hours ago
Nasdaq (NASDAQ: $NDAQ) has invested $100 million U.S. in Payward, the parent company of cryptocurrency exchange Kraken.
The investment by Nasdaq was part of a new funding round that valued Payward at $21 billion U.S. The company had been seeking new capital at a $20 billion U.S. valuation.
Nasdaq's investment also comes as the exchange known for listing technology stocks develops tokenized market infrastructure and prepares for around the clock trading.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#company #NDAQ #kraken
The investment by Nasdaq was part of a new funding round that valued Payward at $21 billion U.S. The company had been seeking new capital at a $20 billion U.S. valuation.
Nasdaq's investment also comes as the exchange known for listing technology stocks develops tokenized market infrastructure and prepares for around the clock trading.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#company #NDAQ #kraken
