10 days ago
Automattic has a new interim chief financial officer: Jeremy Klaperman, the CFO of the company's WordPress VIP Enterprise business unit. The news, shared internally on Friday, follows last week's attempted ouster of Automattic CEO Matt Mullenweg, which ultimately resulted in the departure of the board members who voted him out and other executives, including then-CFO Mark Davies. Davies was briefly interim CEO before Mullenweg retook the position.
In a Slack post, Mullenweg shared that Klaperman had previously acted as Automattic CFO when Davies had been on sabbatical. He noted that the board — whose new members have yet to be announced — will still need to evaluate internal and external candidates for the position before a final decision is made.
In addition, Mullenweg said in the post that a candidate to become the company's chief legal officer had also just verbally accepted the position, replacing Chief Legal Officer Andy Missan, who has also since left the company alongside Davies. TechCrunch recently reported that Davies and Missan had signed reciprocal severance deals during Mullenweg's 33-hour leave of absence before he returned as CEO.
"I have 100% confidence in our cash and financial position," Mullenweg's post concluded, adding "There is still work to do, but everything is within our control and depends only on Automattic's ability to execute."
In subsequent updates, Mullenweg also said to "stay tuned" for board announcements, and noted that special advisor and creator of Wolfram|Alpha, Stephen Wolfram, will continue in his position. The company's next board meeting is scheduled for September 23.
#klaperman
In a Slack post, Mullenweg shared that Klaperman had previously acted as Automattic CFO when Davies had been on sabbatical. He noted that the board — whose new members have yet to be announced — will still need to evaluate internal and external candidates for the position before a final decision is made.
In addition, Mullenweg said in the post that a candidate to become the company's chief legal officer had also just verbally accepted the position, replacing Chief Legal Officer Andy Missan, who has also since left the company alongside Davies. TechCrunch recently reported that Davies and Missan had signed reciprocal severance deals during Mullenweg's 33-hour leave of absence before he returned as CEO.
"I have 100% confidence in our cash and financial position," Mullenweg's post concluded, adding "There is still work to do, but everything is within our control and depends only on Automattic's ability to execute."
In subsequent updates, Mullenweg also said to "stay tuned" for board announcements, and noted that special advisor and creator of Wolfram|Alpha, Stephen Wolfram, will continue in his position. The company's next board meeting is scheduled for September 23.
#klaperman
11 days ago
Ondas Inc. (NASDAQ:ONDS) completed its acquisitions of GATE Technologies Ltd. and Bron Technologies on September 14, adding electronic safety and fuzing components used across precision weapons. GATE supplies the technology, while Bron provides manufacturing and certification capabilities in Poland.
Base consideration comprises $105 million in cash and $100 million in equity. The SEC filing specifies an additional $25 million working-capital adjustment. Of the stock consideration, approximately $22.5 million is scheduled for issuance within nine months, subject to conditions. Performance payments could add up to $185 million.
The investment question is whether owning qualified components can improve supply reliability and profitability enough to justify the purchase price and manufacturing investment.
GATE's technology is integrated into dozens of weapons systems. Qualification and integration requirements can make replacing a supplier difficult, supporting repeat demand as customer programs enter production. Ondas Inc. (NASDAQ:ONDS) can therefore participate in orders across multiple manufacturers alongside sales of its own systems.
Management says approximately 80% of GATE's revenue comes from outside the Middle East. The combination of Israeli engineering and Polish production provides an established international base. U.S.-produced finished products and integrated systems are targeted for the first half of 2027, potentially expanding access to programs with domestic sourcing requirements.
#ondas
Base consideration comprises $105 million in cash and $100 million in equity. The SEC filing specifies an additional $25 million working-capital adjustment. Of the stock consideration, approximately $22.5 million is scheduled for issuance within nine months, subject to conditions. Performance payments could add up to $185 million.
The investment question is whether owning qualified components can improve supply reliability and profitability enough to justify the purchase price and manufacturing investment.
GATE's technology is integrated into dozens of weapons systems. Qualification and integration requirements can make replacing a supplier difficult, supporting repeat demand as customer programs enter production. Ondas Inc. (NASDAQ:ONDS) can therefore participate in orders across multiple manufacturers alongside sales of its own systems.
Management says approximately 80% of GATE's revenue comes from outside the Middle East. The combination of Israeli engineering and Polish production provides an established international base. U.S.-produced finished products and integrated systems are targeted for the first half of 2027, potentially expanding access to programs with domestic sourcing requirements.
#ondas
12 days ago
Logistic Properties of the Americas (NYSEAMERICAN:LPA) moved closer to selling Parque Logístico Lima Sur after Peru's antitrust authority, INDECOPI, approved the transaction on September 11. FIBRA Prime would acquire the entire 1.3-million-square-foot logistics park for $145 million. Customary administrative closing matters remain outstanding.
Management expects approximately $85 million of net proceeds after debt repayment and before taxes, with Mexico the intended destination. Approval advances the financing of that expansion, while the investment case rests on replacing an established income stream.
Lima Sur generated $10.3 million of cash net operating income, or cash NOI, during the 12 months ended March 31, 2026. Cash NOI is a company-defined non-IFRS measure of property income after operating expenses, adjusted to remove straight-line rental accounting. It excludes corporate overhead, financing costs, income taxes, and other non-property items.
Logistic Properties of the Americas (NYSEAMERICAN:LPA) has demonstrated an ability to develop, lease and operate logistics ***** ets. Second-quarter revenue increased 26.1% to $14.7 million, while stabilized portfolio occupancy reached 100% as of June 30.
Mexico already contributes revenue. Two properties acquired in Puebla in August 2025 generated approximately $0.5 million during the second quarter. That provides an operating foothold for deploying proceeds.
#cash #logistic #nyseamerican #Mexico
Management expects approximately $85 million of net proceeds after debt repayment and before taxes, with Mexico the intended destination. Approval advances the financing of that expansion, while the investment case rests on replacing an established income stream.
Lima Sur generated $10.3 million of cash net operating income, or cash NOI, during the 12 months ended March 31, 2026. Cash NOI is a company-defined non-IFRS measure of property income after operating expenses, adjusted to remove straight-line rental accounting. It excludes corporate overhead, financing costs, income taxes, and other non-property items.
Logistic Properties of the Americas (NYSEAMERICAN:LPA) has demonstrated an ability to develop, lease and operate logistics ***** ets. Second-quarter revenue increased 26.1% to $14.7 million, while stabilized portfolio occupancy reached 100% as of June 30.
Mexico already contributes revenue. Two properties acquired in Puebla in August 2025 generated approximately $0.5 million during the second quarter. That provides an operating foothold for deploying proceeds.
#cash #logistic #nyseamerican #Mexico
12 days ago
Generating $2,200 monthly in dividends requires between $264,000 at a 10% yield and $754,000 at a 3.5% yield, with higher yields carrying greater principal erosion risk.
A blended portfolio of SCHD (35%), DGRO (25%), VYM (20%), and JEPI (20%) hits a 3.9% weighted yield requiring about $670,000 to reach the $2,200 target.
A 3.5% yield growing 8% annually doubles income in roughly nine years, while a flat 10% yield stays stagnant or declines if distributions are cut.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Turning zero into $2,200 a month in dividend income requires only two things: a target yield and the capital to support it. The annualized goal is $26,400, which lands somewhere between covering a mortgage payment and replacing a part-time salary. The capital needed depends entirely on the yield you choose, and the yield you choose determines how durable that income actually is.
#yield #choose #dgro
A blended portfolio of SCHD (35%), DGRO (25%), VYM (20%), and JEPI (20%) hits a 3.9% weighted yield requiring about $670,000 to reach the $2,200 target.
A 3.5% yield growing 8% annually doubles income in roughly nine years, while a flat 10% yield stays stagnant or declines if distributions are cut.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Turning zero into $2,200 a month in dividend income requires only two things: a target yield and the capital to support it. The annualized goal is $26,400, which lands somewhere between covering a mortgage payment and replacing a part-time salary. The capital needed depends entirely on the yield you choose, and the yield you choose determines how durable that income actually is.
#yield #choose #dgro
12 days ago
Investors continue to ask for more timely information, even as the volume available to them expands. A 2026 CFA Institute survey of 2,500 **** ysts and portfolio managers found that 62% opposed replacing quarterly reporting with semiannual reporting. Nearly 85% expressed concern about comparability if companies and investment managers could determine their own reporting frequency and format. Access remains important, while interpretation requires a separate discipline.
The demand also concerns the quality of disclosure. PwC's 2025 Global Investor Survey, covering 1,074 investment professionals across 26 countries and territories, found that only 37% believed companies disclosed enough about artificial intelligence strategies and policies. Respondents wanted greater transparency around innovation strategies, AI investment, and expected returns. These findings suggest that investors can face abundant commentary while still lacking the evidence needed to **** s a thesis.
Commercial incentives add another layer. A 2025 CFA Institute report examined continuation funds, in which a manager can oversee both the vehicle selling an **** et and the vehicle buying it. The report recognized the structure's liquidity role and identified conflicts requiring fair processes and governance. The example illustrates why informed **** ysis and aligned incentives are separate considerations.
That distinction applies beyond any single investment structure. Managers often possess valuable operational knowledge because they work directly with **** ets, tenants and financing markets. They may also be raising capital for the strategies they discuss. Their commercial interest becomes additional context for investors weighing forecasts, market narratives and recommendations alongside independently produced evidence. That context can help an investment committee separate a source's knowledge of the market from the confidence it should place in the source's preferred outcome during capital allocation.
Geoffrey Dohrmann, chairman, CEO and editor-in-chief of Institutional Real Estate, Inc., has watched those narratives develop across several market cycles. IREI is a media and market intelligence company covering institutional real estate and infrastructure through publications, research, data, events and consulting. Dohrmann explains its editorial role as independently recording where real-asset capital is moving and examining the explanations offered for those decisions.
#real #institute
The demand also concerns the quality of disclosure. PwC's 2025 Global Investor Survey, covering 1,074 investment professionals across 26 countries and territories, found that only 37% believed companies disclosed enough about artificial intelligence strategies and policies. Respondents wanted greater transparency around innovation strategies, AI investment, and expected returns. These findings suggest that investors can face abundant commentary while still lacking the evidence needed to **** s a thesis.
Commercial incentives add another layer. A 2025 CFA Institute report examined continuation funds, in which a manager can oversee both the vehicle selling an **** et and the vehicle buying it. The report recognized the structure's liquidity role and identified conflicts requiring fair processes and governance. The example illustrates why informed **** ysis and aligned incentives are separate considerations.
That distinction applies beyond any single investment structure. Managers often possess valuable operational knowledge because they work directly with **** ets, tenants and financing markets. They may also be raising capital for the strategies they discuss. Their commercial interest becomes additional context for investors weighing forecasts, market narratives and recommendations alongside independently produced evidence. That context can help an investment committee separate a source's knowledge of the market from the confidence it should place in the source's preferred outcome during capital allocation.
Geoffrey Dohrmann, chairman, CEO and editor-in-chief of Institutional Real Estate, Inc., has watched those narratives develop across several market cycles. IREI is a media and market intelligence company covering institutional real estate and infrastructure through publications, research, data, events and consulting. Dohrmann explains its editorial role as independently recording where real-asset capital is moving and examining the explanations offered for those decisions.
#real #institute
13 days ago
Alluvium ***** et Management, an ***** et management company, released its "Conventum – Alluvium Global Fund" second-quarter 2026 investor letter. The letter can be downloaded here. The second quarter reflected a sharp shift from geopolitical uncertainty and oil market volatility to a powerful equity rally led by semiconductor companies. Despite the broader market strength, the Fund declined 1.4% in EUR terms, 2.2% in USD terms, and 3.9% in AUD terms. Portfolio results were mixed, with Alphabet benefiting from strong Cloud growth, while Robert Half, H&R Block and other holdings posted solid gains. However, cable businesses and several healthcare and consumer holdings weighed on performance. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Conventum – Alluvium Global Fund highlighted H&R Block, Inc. (NYSE:HRB). H&R Block, Inc. (NYSE:HRB) provides ***** isted and do-it-yourself (DIY) tax preparation solutions. On September 14, 2026, H&R Block, Inc. (NYSE:HRB) closed at $45.74 per share. Over the past month, H&R Block, Inc. (NYSE:HRB) declined 10.21%, and its shares lost 8.87% over the past 52 weeks. H&R Block, Inc. (NYSE:HRB) has a market capitalization of $5.64 billion, and its stock has traded within a 52-week range of $28.16 and $58.67.
Conventum – Alluvium Global Fund stated the following regarding H&R Block, Inc. (NYSE:HRB) in its Q2 2026 investor letter:
"Last quarter we mentioned in regard to H&R Block, Inc. (NYSE:HRB), the tax agents, that a "SAASpocalypse" did not necessarily apply across the board, and that there was a mispricing opportunity so we bought more. Somewhat ironically, during its results call in early May, management stated that rather than AI replacing its products, it is using AI to build better products which are being well received. After returning 21.3% during the quarter, it now accounts for 4.6% of the Fund. Although it is now trading at a more respectable price, H&R Block achieves high returns on its capital, and trades at double digit cash flow and earnings yields. In no way do we see it as expensive."
H&R Block, Inc. (NYSE:HRB) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 33 hedge fund portfolios held H&R Block, Inc. (NYSE:HRB) at the end of the second quarter which was 35 in the previous quarter. While we acknowledge the potential of H&R Block, Inc. (NYSE:HRB) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#conventum
In its second-quarter 2026 investor letter, Conventum – Alluvium Global Fund highlighted H&R Block, Inc. (NYSE:HRB). H&R Block, Inc. (NYSE:HRB) provides ***** isted and do-it-yourself (DIY) tax preparation solutions. On September 14, 2026, H&R Block, Inc. (NYSE:HRB) closed at $45.74 per share. Over the past month, H&R Block, Inc. (NYSE:HRB) declined 10.21%, and its shares lost 8.87% over the past 52 weeks. H&R Block, Inc. (NYSE:HRB) has a market capitalization of $5.64 billion, and its stock has traded within a 52-week range of $28.16 and $58.67.
Conventum – Alluvium Global Fund stated the following regarding H&R Block, Inc. (NYSE:HRB) in its Q2 2026 investor letter:
"Last quarter we mentioned in regard to H&R Block, Inc. (NYSE:HRB), the tax agents, that a "SAASpocalypse" did not necessarily apply across the board, and that there was a mispricing opportunity so we bought more. Somewhat ironically, during its results call in early May, management stated that rather than AI replacing its products, it is using AI to build better products which are being well received. After returning 21.3% during the quarter, it now accounts for 4.6% of the Fund. Although it is now trading at a more respectable price, H&R Block achieves high returns on its capital, and trades at double digit cash flow and earnings yields. In no way do we see it as expensive."
H&R Block, Inc. (NYSE:HRB) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 33 hedge fund portfolios held H&R Block, Inc. (NYSE:HRB) at the end of the second quarter which was 35 in the previous quarter. While we acknowledge the potential of H&R Block, Inc. (NYSE:HRB) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#conventum
14 days ago
WASHINGTON (AP) — The United States has confirmed for the first time that it has deployed weapons in ******* e, a remarkable revelation after previous warnings about countries such as Russia possibly weaponizing a global frontier long agreed in treaties to be used for only peaceful purposes.
Air Force Secretary Troy Meink said Monday that the U.S. has fielded "on-orbit ******* e control weapons capable of defending the Joint Force against hostile adversary action."
Meink did not detail what the weapons were, how they work or if they were targeting other objects in ******* e or on Earth. The U.S. had warned two years ago that Russia was developing a new ******* e-based, anti-satellite weapon, though the White House said the danger wasn't imminent at the time.
But reports of the anti-satellite weapon reflected longstanding worries about ******* e threats from Russia and China, given that much U.S. infrastructure is dependent on satellite communications. The U.S. has also previously demonstrated its own abilities to shoot down satellites from Earth.
In his remarks to the Air and ******* e Forces ******* ociation's Air, ******* e & Cyber Conference, Meink also said the Air Force was adding more autonomous systems to its capabilities and predicted the service would look "radically different" by 2032. For example, he foresaw one-way attack drones replacing artillery as the "primary killer."
#space #earth
Air Force Secretary Troy Meink said Monday that the U.S. has fielded "on-orbit ******* e control weapons capable of defending the Joint Force against hostile adversary action."
Meink did not detail what the weapons were, how they work or if they were targeting other objects in ******* e or on Earth. The U.S. had warned two years ago that Russia was developing a new ******* e-based, anti-satellite weapon, though the White House said the danger wasn't imminent at the time.
But reports of the anti-satellite weapon reflected longstanding worries about ******* e threats from Russia and China, given that much U.S. infrastructure is dependent on satellite communications. The U.S. has also previously demonstrated its own abilities to shoot down satellites from Earth.
In his remarks to the Air and ******* e Forces ******* ociation's Air, ******* e & Cyber Conference, Meink also said the Air Force was adding more autonomous systems to its capabilities and predicted the service would look "radically different" by 2032. For example, he foresaw one-way attack drones replacing artillery as the "primary killer."
#space #earth
16 days ago
Jose Delgado will be back.
The rising Ultimate Fighting Championship (UFC) Featherweight prospect suffered a third-round submission loss to top Brazilian contender Jean Silva in the main event of Noche UFC 4 this past weekend (Sat., Sept. 12, 2026) inside Desert Diamond Arena in Glendale, Arizona (watch highlights).
Delgado accepted the biggest opportunity of his career on approximately three weeks' notice, replacing former interim Featherweight champion Yair Rodriguez and headlining a UFC event in front of his hometown crowd.
After taking a day to gather his thoughts, Delgado released a statement addressing the first main event loss of his UFC career.
"Well, ***** , so it goes," Delgado wrote on Instagram. "Dared to be great yesterday and came up short. But man, I loved every second of being on that stage with high-level opposition; that includes the heartbreaking pain of failure. Pure freedom. Insert something cliche about bouncing back here. Thank you to God for His guidance and my village for backing me. Also, thanks to everyone in that arena for making that walk what it was. Love y'all."
#main
The rising Ultimate Fighting Championship (UFC) Featherweight prospect suffered a third-round submission loss to top Brazilian contender Jean Silva in the main event of Noche UFC 4 this past weekend (Sat., Sept. 12, 2026) inside Desert Diamond Arena in Glendale, Arizona (watch highlights).
Delgado accepted the biggest opportunity of his career on approximately three weeks' notice, replacing former interim Featherweight champion Yair Rodriguez and headlining a UFC event in front of his hometown crowd.
After taking a day to gather his thoughts, Delgado released a statement addressing the first main event loss of his UFC career.
"Well, ***** , so it goes," Delgado wrote on Instagram. "Dared to be great yesterday and came up short. But man, I loved every second of being on that stage with high-level opposition; that includes the heartbreaking pain of failure. Pure freedom. Insert something cliche about bouncing back here. Thank you to God for His guidance and my village for backing me. Also, thanks to everyone in that arena for making that walk what it was. Love y'all."
#main
16 days ago
Luke Kuechly spent his playing career making sure he never had to guess where the ball was going. But these days, the harder question is guessing which network has him next.
CBS announced Monday that the newly enshrined Pro Football Hall of Famer will make his debut as a CBS game ****** yst in Week 3, calling Raiders-Saints from New Orleans alongside play-by-play voice Chris Lewis and sideline reporter Amanda Balionis.
A radio ****** yst for the Carolina Panthers, Kuechly's stock skyrocketed in recent months as he became Netflix's top NFL game ****** yst after auditioning with Noah Eagle at NBC's Stamford, Connecticut studios in early July. Eagle said Kuechly's football knowledge was never in question — that much was obvious from his playing days — but what stood out during their audition, a mock call of a game from the previous season, was how quickly he got comfortable in the chair given he'd never done the job before. Eagle told Sports Media Watch that it felt like Kuechly "could see things happening before they happen."
He justified that faith in his Week 1 debut, as Awful Announcing's Megan Armstrong wrote that he dazzled alongside Eagle in Melbourne, with the reaction across sports media running overwhelmingly positive.
The streamer is expanding its NFL package from two games to five this year, including the opening-week matchup in Australia, a Thanksgiving Eve game, and a Saturday night game in Week 18, and Kuechly is expected to anchor most of that slate. Between Netflix and his new CBS ****** ignments, he's on pace to call somewhere in the range of eight to 10 games as a game ****** yst this season, on top of his usual Sunday work as a Panthers radio ****** yst. Kuechly is also replacing Bill Belichick opposite Peyton Manning on The Breakdown.
#Football
CBS announced Monday that the newly enshrined Pro Football Hall of Famer will make his debut as a CBS game ****** yst in Week 3, calling Raiders-Saints from New Orleans alongside play-by-play voice Chris Lewis and sideline reporter Amanda Balionis.
A radio ****** yst for the Carolina Panthers, Kuechly's stock skyrocketed in recent months as he became Netflix's top NFL game ****** yst after auditioning with Noah Eagle at NBC's Stamford, Connecticut studios in early July. Eagle said Kuechly's football knowledge was never in question — that much was obvious from his playing days — but what stood out during their audition, a mock call of a game from the previous season, was how quickly he got comfortable in the chair given he'd never done the job before. Eagle told Sports Media Watch that it felt like Kuechly "could see things happening before they happen."
He justified that faith in his Week 1 debut, as Awful Announcing's Megan Armstrong wrote that he dazzled alongside Eagle in Melbourne, with the reaction across sports media running overwhelmingly positive.
The streamer is expanding its NFL package from two games to five this year, including the opening-week matchup in Australia, a Thanksgiving Eve game, and a Saturday night game in Week 18, and Kuechly is expected to anchor most of that slate. Between Netflix and his new CBS ****** ignments, he's on pace to call somewhere in the range of eight to 10 games as a game ****** yst this season, on top of his usual Sunday work as a Panthers radio ****** yst. Kuechly is also replacing Bill Belichick opposite Peyton Manning on The Breakdown.
#Football
16 days ago
Tennessee tight end Ethan Davis is out for the season with an ACL injury, coach Josh Heupel said on Sept. 14.
Davis, a senior, had a good start to the season, catching touchdown passes in each of the first two games. He had three catches for 43 yards. But he will miss the remainder of the season.
Sophomore DaSaahn Brame and South Alabama transfer Trent Thomas will pick up more of the load in replacing Davis.
No. 14 Tennessee (2-0) plays Kennesaw State (1-1) on Sept. 19 (7:45 p.m. ET, SEC Network) at Neyland Stadium.
xxx
#tennessee #sept #josh #brame
Davis, a senior, had a good start to the season, catching touchdown passes in each of the first two games. He had three catches for 43 yards. But he will miss the remainder of the season.
Sophomore DaSaahn Brame and South Alabama transfer Trent Thomas will pick up more of the load in replacing Davis.
No. 14 Tennessee (2-0) plays Kennesaw State (1-1) on Sept. 19 (7:45 p.m. ET, SEC Network) at Neyland Stadium.
xxx
#tennessee #sept #josh #brame
16 days ago
TotalEnergies SE (NYSE:TTE) plans to invest $10 billion alongside its partners in Angola over the next five years, with the goal of maintaining and potentially increasing its oil production in the country. TotalEnergies currently produces around 450,000 barrels per day in Angola, making it the country's largest oil operator and accounting for more than 40% of its total output.
The investment will go toward existing operations, new exploration, and projects aimed at replacing production from Angola's aging offshore fields. One of the biggest projects in the pipeline is the $6 billion Kaminho development, which is expected to start producing oil in 2028. TotalEnergies SE (NYSE:TTE) is also expanding its exploration efforts after signing agreements for two additional offshore blocks. On top of that, the company recently announced a new discovery in Block 17 that could add roughly 6,000 barrels per day to production.
The investment strengthens TotalEnergies SE (NYSE:TTE)'s position in one of Africa's key oil-producing markets and, perhaps more importantly, helps protect a major source of existing production. With around 450,000 barrels per day already coming from Angola, simply keeping output at current levels could continue to provide a meaningful contribution to the company's upstream cash flow. Any additional production from new discoveries and projects would offer further upside.
The current oil-price environment also works in TotalEnergies' favor. Brent crude recently climbed above $100 a barrel amid supply concerns and geopolitical tensions and is currently trading near this range. If prices remain elevated, projects designed to maintain or increase Angolan production could generate strong returns and make the company's investment more attractive.
There are also signs that TotalEnergies SE (NYSE:TTE) is doing more than just trying to slow production declines. Its recent Acacia-5 discovery in Block 17 could add around 6,000 barrels per day, while the company is expanding its exploration presence through new offshore blocks in the Lower Congo Basin. Angola's efforts to reform its oil sector and attract more exploration investment could also create a more favorable environment for TotalEnergies over the longer term.
#investment #offshore
The investment will go toward existing operations, new exploration, and projects aimed at replacing production from Angola's aging offshore fields. One of the biggest projects in the pipeline is the $6 billion Kaminho development, which is expected to start producing oil in 2028. TotalEnergies SE (NYSE:TTE) is also expanding its exploration efforts after signing agreements for two additional offshore blocks. On top of that, the company recently announced a new discovery in Block 17 that could add roughly 6,000 barrels per day to production.
The investment strengthens TotalEnergies SE (NYSE:TTE)'s position in one of Africa's key oil-producing markets and, perhaps more importantly, helps protect a major source of existing production. With around 450,000 barrels per day already coming from Angola, simply keeping output at current levels could continue to provide a meaningful contribution to the company's upstream cash flow. Any additional production from new discoveries and projects would offer further upside.
The current oil-price environment also works in TotalEnergies' favor. Brent crude recently climbed above $100 a barrel amid supply concerns and geopolitical tensions and is currently trading near this range. If prices remain elevated, projects designed to maintain or increase Angolan production could generate strong returns and make the company's investment more attractive.
There are also signs that TotalEnergies SE (NYSE:TTE) is doing more than just trying to slow production declines. Its recent Acacia-5 discovery in Block 17 could add around 6,000 barrels per day, while the company is expanding its exploration presence through new offshore blocks in the Lower Congo Basin. Angola's efforts to reform its oil sector and attract more exploration investment could also create a more favorable environment for TotalEnergies over the longer term.
#investment #offshore
17 days ago
Clemson did not find many answers offensively Saturday night, but the Tigers found enough to escape Memorial Stadium with their first victory of the season.
Freshman quarterback Tait Reynolds was forced into action after Christopher Vizzina suffered a left arm injury, while kicker Nolan Hauser provided most of Clemson's scoring in a 22-7 victory over Georgia Southern.
Hauser tied his career high by connecting on five field goals, hitting from 20, 34, 38, 50 and 49 yards. He improved to 6-for-6 this season and matched the five field goals he made against Florida State in 2024.
Reynolds settled in after replacing Vizzina, completing 16 of 27 passes for 178 yards while adding 36 rushing yards. He was especially effective before halftime, going 12-for-17 for 160 yards.
One of his biggest plays came on third-and-20 late in the second quarter when he found Tyler Brown for 20 yards. Reynolds then scrambled 16 yards to help set up a Hauser field goal that sent Clemson into halftime leading 16-7.
#yards #hauser #five
Freshman quarterback Tait Reynolds was forced into action after Christopher Vizzina suffered a left arm injury, while kicker Nolan Hauser provided most of Clemson's scoring in a 22-7 victory over Georgia Southern.
Hauser tied his career high by connecting on five field goals, hitting from 20, 34, 38, 50 and 49 yards. He improved to 6-for-6 this season and matched the five field goals he made against Florida State in 2024.
Reynolds settled in after replacing Vizzina, completing 16 of 27 passes for 178 yards while adding 36 rushing yards. He was especially effective before halftime, going 12-for-17 for 160 yards.
One of his biggest plays came on third-and-20 late in the second quarter when he found Tyler Brown for 20 yards. Reynolds then scrambled 16 yards to help set up a Hauser field goal that sent Clemson into halftime leading 16-7.
#yards #hauser #five
18 days ago
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Debt consolidation combines multiple debts into one loan, usually at a lower interest rate, and you repay the full balance. Debt settlement involves negotiating with creditors to pay less than you owe, but it damages your credit and isn't guaranteed to work.
Understanding how both options work can help you determine which would better fit your financial situation.
Debt consolidation involves replacing your current debts with a new loan or line of credit, ideally with a better interest rate. If you consolidate multiple debts, you can also simplify repayment into a single monthly payment.
There are multiple ways to consolidate debt, including:
#interest
Debt consolidation combines multiple debts into one loan, usually at a lower interest rate, and you repay the full balance. Debt settlement involves negotiating with creditors to pay less than you owe, but it damages your credit and isn't guaranteed to work.
Understanding how both options work can help you determine which would better fit your financial situation.
Debt consolidation involves replacing your current debts with a new loan or line of credit, ideally with a better interest rate. If you consolidate multiple debts, you can also simplify repayment into a single monthly payment.
There are multiple ways to consolidate debt, including:
#interest
18 days ago
DIVO's trailing yield overstates its committed forward rate by 30%, built on discretionary year-end specials the fund has never guaranteed to repeat.
DIVO, DGRO, and MAIN all show gaps between trailing and forward income, inflating the look-back for most of the portfolio's weight.
Duke Energy and Southern Company, the smallest 5% positions, are the only holdings with predictable scheduled dividend raises a retiree can count on to the penny.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
Replacing $8,600 a month, or roughly $103,200 a year, with portfolio income at age 61 sounds pretty straightforward on paper. But here's the catch: the biggest holding in a popular seven-fund income sleeve is the one whose payout the fund has never actually promised.
#income #fund #divo #main
DIVO, DGRO, and MAIN all show gaps between trailing and forward income, inflating the look-back for most of the portfolio's weight.
Duke Energy and Southern Company, the smallest 5% positions, are the only holdings with predictable scheduled dividend raises a retiree can count on to the penny.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
Replacing $8,600 a month, or roughly $103,200 a year, with portfolio income at age 61 sounds pretty straightforward on paper. But here's the catch: the biggest holding in a popular seven-fund income sleeve is the one whose payout the fund has never actually promised.
#income #fund #divo #main
18 days ago
Real Madrid are all set to take on Rayo Vallecano in their fifth La Liga match of the 2026/27 season in a little over an hour at the Santiago Bernabeu.
Having lost their previous league game to Real Betis, the Merengues will be eager to get things back on track and close the gap to leaders Barcelona, who are three points clear.
With kickoff not far away, Real Madrid manager Jose Mourinho has announced the starting lineup that will take the field against Rayo Vallecano.
And the biggest headline is that marquee summer signing Yan Diomande makes his first start for Real Madrid.
The €140 million arrival from RB Leipzig has been drip-fed minutes off the bench so far by the manager, but has been thrust into the team tonight, replacing Brahim Diaz on the right flank.
#madrid #take #betis
Having lost their previous league game to Real Betis, the Merengues will be eager to get things back on track and close the gap to leaders Barcelona, who are three points clear.
With kickoff not far away, Real Madrid manager Jose Mourinho has announced the starting lineup that will take the field against Rayo Vallecano.
And the biggest headline is that marquee summer signing Yan Diomande makes his first start for Real Madrid.
The €140 million arrival from RB Leipzig has been drip-fed minutes off the bench so far by the manager, but has been thrust into the team tonight, replacing Brahim Diaz on the right flank.
#madrid #take #betis
18 days ago
India's road to the ICC World Test Championship (WTC) Final 2027 has become much clearer following the recent Tests that were played.
As every match affects the percentage points table (PCT), India still finds themselves in the race, but with very little to spare as they move forward towards the end of the cycle.
In the first of the two Tests that India played against Sri Lanka, the visitors registered a massive 165-run victory in Galle and then aimed to complete a whitewash. However, a valiant performance from Sri Lanka in the final day of the 2nd Test in Colombo helped them to hold the visitors to a draw in the final match of the series.
After a surprise win over Australia in the first Test, Bangladesh succumbed to an embarrassing loss in the second and final match of the series in Mackay. Till date, Bangladesh hold on to the fourth position but India can overtake them if they win the second match.
England moved to the sixth position, replacing Sri Lanka after their 3-0 whitewash win over Pakistan on September 12.
#bangladesh
As every match affects the percentage points table (PCT), India still finds themselves in the race, but with very little to spare as they move forward towards the end of the cycle.
In the first of the two Tests that India played against Sri Lanka, the visitors registered a massive 165-run victory in Galle and then aimed to complete a whitewash. However, a valiant performance from Sri Lanka in the final day of the 2nd Test in Colombo helped them to hold the visitors to a draw in the final match of the series.
After a surprise win over Australia in the first Test, Bangladesh succumbed to an embarrassing loss in the second and final match of the series in Mackay. Till date, Bangladesh hold on to the fourth position but India can overtake them if they win the second match.
England moved to the sixth position, replacing Sri Lanka after their 3-0 whitewash win over Pakistan on September 12.
#bangladesh
18 days ago
Manchester United supporters' group have revealed how they will protest during Sunday's Manchester derby.
The Red Army said there will be no flag display ahead of the game as part of a protest which follows the club's investigation into ticket touting.
United revealed they had banned 685 season tickets following a contentious probe which had been condemned by many, with protests already planned for Sunday afternoon.
The Red Army said they will make their own views known by removing their regular flag display in the Stretford End and replacing it with a single banner above the players' tunnel. It will read: "The way you treat us is a disgrace."
In a statement, the group said: "This isn't a 'TRA' message, it's a message on behalf of every genuine fan group, match-going supporter, supporters' club and fan representative who has either contacted us directly or been negatively impacted by the recent behaviour of the club.
#flag
The Red Army said there will be no flag display ahead of the game as part of a protest which follows the club's investigation into ticket touting.
United revealed they had banned 685 season tickets following a contentious probe which had been condemned by many, with protests already planned for Sunday afternoon.
The Red Army said they will make their own views known by removing their regular flag display in the Stretford End and replacing it with a single banner above the players' tunnel. It will read: "The way you treat us is a disgrace."
In a statement, the group said: "This isn't a 'TRA' message, it's a message on behalf of every genuine fan group, match-going supporter, supporters' club and fan representative who has either contacted us directly or been negatively impacted by the recent behaviour of the club.
#flag
19 days ago
Patriots Offensive Coordinator Josh McDaniels Describes Team's 'All-Hands' Approach Without A.J. Brown originally appeared on NESN. Add NESN as a Preferred Source by clicking here.
Before the Patriots could get a feel for the impact A.J. Brown will have on their offense, they lost him to injury for weeks to come.
Brown will be out until at least Week 6 after being placed on IR on Friday, dealing with a high ankle sprain from his Week 1 exit vs. Seattle. Rather than bringing in any new receivers, it appears New England will be turning to some of its younger pass catchers to alleviate the offense.
Patriots offensive coordinator Josh McDaniels said Thursday on a radio show that the team will be taking "an all-hands-on-deck approach" to replacing Brown's production at wide receiver, which likely means more playing time for names like DeMario Douglas, Kyle Williams and Efton Chism III.
"Any injury that you get at this time of the season, you kind of approach it with an all-hands-on-deck approach," McDaniels said Thursday, per ESPN. "We got a lot of different skill guys that can do a lot of different things. There isn't one person on the roster that can replace anybody like A.J. -- in the middle of a game or a stretch of a season. So we'll band together and figure out what we can do well and then try to get guys in positions to play to their strengths."
#Patriots
Before the Patriots could get a feel for the impact A.J. Brown will have on their offense, they lost him to injury for weeks to come.
Brown will be out until at least Week 6 after being placed on IR on Friday, dealing with a high ankle sprain from his Week 1 exit vs. Seattle. Rather than bringing in any new receivers, it appears New England will be turning to some of its younger pass catchers to alleviate the offense.
Patriots offensive coordinator Josh McDaniels said Thursday on a radio show that the team will be taking "an all-hands-on-deck approach" to replacing Brown's production at wide receiver, which likely means more playing time for names like DeMario Douglas, Kyle Williams and Efton Chism III.
"Any injury that you get at this time of the season, you kind of approach it with an all-hands-on-deck approach," McDaniels said Thursday, per ESPN. "We got a lot of different skill guys that can do a lot of different things. There isn't one person on the roster that can replace anybody like A.J. -- in the middle of a game or a stretch of a season. So we'll band together and figure out what we can do well and then try to get guys in positions to play to their strengths."
#Patriots
19 days ago
Happy game week and we hope that you're ready for tomorrow's Penn State game at Temple. Ahead of this matchup, I sent a few questions to Steve Helwick of Underdog Dynasty to preview this game. Steve is a regular around these parts with our opponent Q and A and you should head to our sister site to read more about Temple – and the rest of their conference brethren. Here's what Steve had to say about tomorrow's game.
It's year two for K.C. Keeler at Temple. He went 5-7 in his first year in Philadelphia. What do you make of his fit at Temple and what are expectations for the Owls the rest of this season?
K.C. Keeler has already proven to be an excellent fit at Temple. His résumé speaks for itself, and he is a proven winner even with a lack of resources. He won FCS national championships at both Delaware and Sam Houston, but his 10-win season at Sam Houston in year two of FBS membership might be his magnum opus. Additionally, he's a great fit since he has publicly declared this will be his final job, which promises Temple players and staffers a sense of stability.
Keeler walked into Philadelphia last year and immediately turned Temple into a 5-win team, after the Owls hadn't won more than three games in the entire 2020s. Temple fell one point short of both service academies, and flipping either result would have pushed the program into the postseason.
Temple played incredibly sound football in Keeler's first season, only losing four turnovers the entire year. The Owls should have lofty expectations considering they didn't lose a single starter to the transfer portal. However, they lack experience at quarterback and replacing Evan Simon is no easy task, which could present some challenges offensively. I would label bowl eligibility as a reasonable and attainable goal for this 2026 team.
2. There's a quarterback controversy right now, including former Penn Stater Jaxon Smolik. Where does that stand now and what do you expect from the offense against Penn State?
#year #penn
It's year two for K.C. Keeler at Temple. He went 5-7 in his first year in Philadelphia. What do you make of his fit at Temple and what are expectations for the Owls the rest of this season?
K.C. Keeler has already proven to be an excellent fit at Temple. His résumé speaks for itself, and he is a proven winner even with a lack of resources. He won FCS national championships at both Delaware and Sam Houston, but his 10-win season at Sam Houston in year two of FBS membership might be his magnum opus. Additionally, he's a great fit since he has publicly declared this will be his final job, which promises Temple players and staffers a sense of stability.
Keeler walked into Philadelphia last year and immediately turned Temple into a 5-win team, after the Owls hadn't won more than three games in the entire 2020s. Temple fell one point short of both service academies, and flipping either result would have pushed the program into the postseason.
Temple played incredibly sound football in Keeler's first season, only losing four turnovers the entire year. The Owls should have lofty expectations considering they didn't lose a single starter to the transfer portal. However, they lack experience at quarterback and replacing Evan Simon is no easy task, which could present some challenges offensively. I would label bowl eligibility as a reasonable and attainable goal for this 2026 team.
2. There's a quarterback controversy right now, including former Penn Stater Jaxon Smolik. Where does that stand now and what do you expect from the offense against Penn State?
#year #penn
20 days ago
Ayyoub Bouaddi has handled everything thrown at him since joining Manchester City with remarkable composure - though his leisurely strolls may need rerouting after recent events.
The Moroccan midfielder has been able to traverse the city center's sidewalks over recent weeks, moving about unnoticed and unrecognized despite sealing an £85 million ($117 million) transfer from Lille. However, the teenager with a distinctive look can't remain incognito much longer after delivering an impressive performance in his maiden start for the Blues.
City shelled out a premium price for Bouaddi - exceeding what rival clubs were prepared to pay - because they were confident he could slot directly into a squad that lost Rodri and Bernardo Silva from their engine room during the summer window. The 18-year-old has been gradually integrated but entered the lineup for the UEFA Champions League fixture in Porto, replacing £116 million ($155.2 million) signing Elliot Anderson.
-Credit:NurPhoto, NurPhoto via Getty Images
While more experienced teammates around him struggled, Bouaddi provided a steadying influence from kickoff and moved effortlessly across the turf to give Enzo Maresca's squad command of proceedings. The manager was all smiles when questioned about the player postgame and joined a growing roster of those who've encountered Bouaddi in praising him as an exceptional prospect.
#manchester #lille
The Moroccan midfielder has been able to traverse the city center's sidewalks over recent weeks, moving about unnoticed and unrecognized despite sealing an £85 million ($117 million) transfer from Lille. However, the teenager with a distinctive look can't remain incognito much longer after delivering an impressive performance in his maiden start for the Blues.
City shelled out a premium price for Bouaddi - exceeding what rival clubs were prepared to pay - because they were confident he could slot directly into a squad that lost Rodri and Bernardo Silva from their engine room during the summer window. The 18-year-old has been gradually integrated but entered the lineup for the UEFA Champions League fixture in Porto, replacing £116 million ($155.2 million) signing Elliot Anderson.
-Credit:NurPhoto, NurPhoto via Getty Images
While more experienced teammates around him struggled, Bouaddi provided a steadying influence from kickoff and moved effortlessly across the turf to give Enzo Maresca's squad command of proceedings. The manager was all smiles when questioned about the player postgame and joined a growing roster of those who've encountered Bouaddi in praising him as an exceptional prospect.
#manchester #lille
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22 days ago
On August 4, Essential Utilities (NYSE:WTRG) reported second-quarter results that read like two different stories stapled together. Revenue climbed, the dividend grew for the 36th time in 35 years, and the merger with American Water inched closer to the finish line. But earnings per share actually dipped from a year earlier, and the company had to strip out merger costs just to show flat profitability. For a utility this steady, that split is worth a closer look.
Essential's regulated water segment posted revenue of $357.5 million in the quarter, up 7.6% from $332.3 million a year earlier, and the whole company's first-half revenue climbed 7.2% to nearly $1.4 billion. Much of that growth came from rate cases: state regulators approved $43.9 million in new annual water revenue across Pennsylvania, Illinois, Ohio, North Carolina and Indiana, plus $12.7 million more for the gas business in Kentucky and Pennsylvania. Another $79.7 million in water rate requests and a $163.2 million gas case in Pennsylvania, tied to replacing aging pipelines, are still working through the process.
The company keeps buying its way into new customers, too. In May, it closed a $4.9 million wastewater deal in Bastrop County, Texas, and it has signed agreements worth roughly $282 million to add over 200,000 more customers in Pennsylvania, Texas, North Carolina and New Jersey, including the $276.5 million purchase of Philadelphia-area sewer authority DELCORA. Since 2015, acquisitions have added more than 138,000 customers to Essential's base.
Layer on the pending American Water merger, which cleared Virginia and Ohio regulators this year after nearly unanimous shareholder approval in February, and Essential is positioning itself as a much larger multi-state utility by early 2027. The board's decision to raise the dividend 5.25% to $0.3606 per share, continuing a streak of 36 increases over 35 years, signals confidence that this growth is durable.
Look past the top line and the picture gets less flattering. Second quarter net income actually fell to $105.7 million from $107.8 million a year ago, pulling GAAP earnings per share down to $0.37 from $0.38. Essential had to report an adjusted $0.38 figure just to exclude merger-related costs and show earnings roughly matching last year's. The slide is sharper over six months: net income dropped to $330.1 million, or $1.16 per share, from $391.6 million, or $1.41 per share, in the first half of 2025.
#water #pennsylvania
Essential's regulated water segment posted revenue of $357.5 million in the quarter, up 7.6% from $332.3 million a year earlier, and the whole company's first-half revenue climbed 7.2% to nearly $1.4 billion. Much of that growth came from rate cases: state regulators approved $43.9 million in new annual water revenue across Pennsylvania, Illinois, Ohio, North Carolina and Indiana, plus $12.7 million more for the gas business in Kentucky and Pennsylvania. Another $79.7 million in water rate requests and a $163.2 million gas case in Pennsylvania, tied to replacing aging pipelines, are still working through the process.
The company keeps buying its way into new customers, too. In May, it closed a $4.9 million wastewater deal in Bastrop County, Texas, and it has signed agreements worth roughly $282 million to add over 200,000 more customers in Pennsylvania, Texas, North Carolina and New Jersey, including the $276.5 million purchase of Philadelphia-area sewer authority DELCORA. Since 2015, acquisitions have added more than 138,000 customers to Essential's base.
Layer on the pending American Water merger, which cleared Virginia and Ohio regulators this year after nearly unanimous shareholder approval in February, and Essential is positioning itself as a much larger multi-state utility by early 2027. The board's decision to raise the dividend 5.25% to $0.3606 per share, continuing a streak of 36 increases over 35 years, signals confidence that this growth is durable.
Look past the top line and the picture gets less flattering. Second quarter net income actually fell to $105.7 million from $107.8 million a year ago, pulling GAAP earnings per share down to $0.37 from $0.38. Essential had to report an adjusted $0.38 figure just to exclude merger-related costs and show earnings roughly matching last year's. The slide is sharper over six months: net income dropped to $330.1 million, or $1.16 per share, from $391.6 million, or $1.41 per share, in the first half of 2025.
#water #pennsylvania
22 days ago
Perceptions of the 2026 Washington Commanders have changed a lot over the last month. Heading into training camp, the Commanders were a team of mystery, but many believed they could still compete for a playoff spot in 2026 if they could keep quarterback Jayden Daniels healthy.
Optimism grew when Washington signed four-time Pro Bowl wideout Stefon Diggs, giving Daniels another top-tier weapon, while also making life a bit easier for star receiver Terry McLaurin. But the day after Diggs competed in his first Commanders' practice, left tackle Laremy Tunsil tore his triceps. It was a devastating injury for many reasons. Tunsil is one of the NFL's best players, and he was critical in protecting Daniels.
Washington's solution was to move Brandon Coleman back to left tackle to replace Tunsil. It's a good plan, considering Coleman played left tackle in 2024. While he's no Tunsil, Coleman is better than multiple left tackles in the NFL. The only problem is that it took Coleman away from the left guard competition, which he was expected to win.
Making matters worse, new center Nick Allegretti missed almost all of training camp. The veteran offensive lineman moved to center this offseason to replace Tyler Biadasz. While the Commanders are confident in Allegretti, those on the outside don't believe Washington did enough at center. All summer long, journeyman Julian Good-Jones and rookie sixth-round pick Matt Gulbin — who have a combined two career NFL snaps — took turns at center. They struggled; Good-Jones was cut and is now on the practice squad, while Gulbin is one snap away from replacing Allegretti.
As a result, several **** ysts have predicted that Washington will finish last in the NFC East.
#left #daniels #tackle
Optimism grew when Washington signed four-time Pro Bowl wideout Stefon Diggs, giving Daniels another top-tier weapon, while also making life a bit easier for star receiver Terry McLaurin. But the day after Diggs competed in his first Commanders' practice, left tackle Laremy Tunsil tore his triceps. It was a devastating injury for many reasons. Tunsil is one of the NFL's best players, and he was critical in protecting Daniels.
Washington's solution was to move Brandon Coleman back to left tackle to replace Tunsil. It's a good plan, considering Coleman played left tackle in 2024. While he's no Tunsil, Coleman is better than multiple left tackles in the NFL. The only problem is that it took Coleman away from the left guard competition, which he was expected to win.
Making matters worse, new center Nick Allegretti missed almost all of training camp. The veteran offensive lineman moved to center this offseason to replace Tyler Biadasz. While the Commanders are confident in Allegretti, those on the outside don't believe Washington did enough at center. All summer long, journeyman Julian Good-Jones and rookie sixth-round pick Matt Gulbin — who have a combined two career NFL snaps — took turns at center. They struggled; Good-Jones was cut and is now on the practice squad, while Gulbin is one snap away from replacing Allegretti.
As a result, several **** ysts have predicted that Washington will finish last in the NFC East.
#left #daniels #tackle
23 days ago
On August 4, Essential Utilities (NYSE:WTRG) reported second-quarter results that read like two different stories stapled together. Revenue climbed, the dividend grew for the 36th time in 35 years, and the merger with American Water inched closer to the finish line. But earnings per share actually dipped from a year earlier, and the company had to strip out merger costs just to show flat profitability. For a utility this steady, that split is worth a closer look.
Essential's regulated water segment posted revenue of $357.5 million in the quarter, up 7.6% from $332.3 million a year earlier, and the whole company's first-half revenue climbed 7.2% to nearly $1.4 billion. Much of that growth came from rate cases: state regulators approved $43.9 million in new annual water revenue across Pennsylvania, Illinois, Ohio, North Carolina and Indiana, plus $12.7 million more for the gas business in Kentucky and Pennsylvania. Another $79.7 million in water rate requests and a $163.2 million gas case in Pennsylvania, tied to replacing aging pipelines, are still working through the process.
The company keeps buying its way into new customers, too. In May, it closed a $4.9 million wastewater deal in Bastrop County, Texas, and it has signed agreements worth roughly $282 million to add over 200,000 more customers in Pennsylvania, Texas, North Carolina and New Jersey, including the $276.5 million purchase of Philadelphia-area sewer authority DELCORA. Since 2015, acquisitions have added more than 138,000 customers to Essential's base.
Layer on the pending American Water merger, which cleared Virginia and Ohio regulators this year after nearly unanimous shareholder approval in February, and Essential is positioning itself as a much larger multi-state utility by early 2027. The board's decision to raise the dividend 5.25% to $0.3606 per share, continuing a streak of 36 increases over 35 years, signals confidence that this growth is durable.
Look past the top line and the picture gets less flattering. Second quarter net income actually fell to $105.7 million from $107.8 million a year ago, pulling GAAP earnings per share down to $0.37 from $0.38. Essential had to report an adjusted $0.38 figure just to exclude merger-related costs and show earnings roughly matching last year's. The slide is sharper over six months: net income dropped to $330.1 million, or $1.16 per share, from $391.6 million, or $1.41 per share, in the first half of 2025.
#million #revenue #merger #year
Essential's regulated water segment posted revenue of $357.5 million in the quarter, up 7.6% from $332.3 million a year earlier, and the whole company's first-half revenue climbed 7.2% to nearly $1.4 billion. Much of that growth came from rate cases: state regulators approved $43.9 million in new annual water revenue across Pennsylvania, Illinois, Ohio, North Carolina and Indiana, plus $12.7 million more for the gas business in Kentucky and Pennsylvania. Another $79.7 million in water rate requests and a $163.2 million gas case in Pennsylvania, tied to replacing aging pipelines, are still working through the process.
The company keeps buying its way into new customers, too. In May, it closed a $4.9 million wastewater deal in Bastrop County, Texas, and it has signed agreements worth roughly $282 million to add over 200,000 more customers in Pennsylvania, Texas, North Carolina and New Jersey, including the $276.5 million purchase of Philadelphia-area sewer authority DELCORA. Since 2015, acquisitions have added more than 138,000 customers to Essential's base.
Layer on the pending American Water merger, which cleared Virginia and Ohio regulators this year after nearly unanimous shareholder approval in February, and Essential is positioning itself as a much larger multi-state utility by early 2027. The board's decision to raise the dividend 5.25% to $0.3606 per share, continuing a streak of 36 increases over 35 years, signals confidence that this growth is durable.
Look past the top line and the picture gets less flattering. Second quarter net income actually fell to $105.7 million from $107.8 million a year ago, pulling GAAP earnings per share down to $0.37 from $0.38. Essential had to report an adjusted $0.38 figure just to exclude merger-related costs and show earnings roughly matching last year's. The slide is sharper over six months: net income dropped to $330.1 million, or $1.16 per share, from $391.6 million, or $1.41 per share, in the first half of 2025.
#million #revenue #merger #year
24 days ago
The Cleveland Browns were nearly dominant on defense last season, finishing fourth in the NFL in total defense. A major part of their success last season was the record-setting performance by Myles Garrett, who set the all-time sack record with 23.0. Garrett has been moved to the Rams, and replacing him is a formidable pass rusher in his own right: Jared Verse.
With the ESPN top 100 recently released, Verse would come in at number 69, somehow dropping down 14 spots from his 55 ranking in 2025:
The Browns traded a two-time Defensive Player of the Year in Myles Garrett, but Verse was a cornerstone, not a consolation prize, for Cleveland in the blockbuster deal. The 2024 Defensive Rookie of the Year is already one of the league's best power rushers. He has been adding more moves to his repertoire this offseason, and he thinks returning to a three-point stance in the Browns' 4-3 scheme will give him even more sack opportunities. -- Daniel Oyefusi
Fairly criminal work by ESPN to lower Verse's ranking so dramatically, but we press on. What made things even worse was his projected sack total of 8.0, which most Browns fans will be expecting him to eclipse fairly easily, as he should land right around 12.0 sacks or more in 2026.
This article originally appeared on Browns Wire: Where did Jared Verse rank in ESPN's Top 100 NFL Players?
#Browns
With the ESPN top 100 recently released, Verse would come in at number 69, somehow dropping down 14 spots from his 55 ranking in 2025:
The Browns traded a two-time Defensive Player of the Year in Myles Garrett, but Verse was a cornerstone, not a consolation prize, for Cleveland in the blockbuster deal. The 2024 Defensive Rookie of the Year is already one of the league's best power rushers. He has been adding more moves to his repertoire this offseason, and he thinks returning to a three-point stance in the Browns' 4-3 scheme will give him even more sack opportunities. -- Daniel Oyefusi
Fairly criminal work by ESPN to lower Verse's ranking so dramatically, but we press on. What made things even worse was his projected sack total of 8.0, which most Browns fans will be expecting him to eclipse fairly easily, as he should land right around 12.0 sacks or more in 2026.
This article originally appeared on Browns Wire: Where did Jared Verse rank in ESPN's Top 100 NFL Players?
#Browns
24 days ago
Merlin Polzin led his new-look Hamburg side out for their first home league fixture at the Volksparkstadion on Sunday afternoon, hosting a Mainz team with a familiar feel to them.
As Nicolai Remberg and Nadiem Amiri led their teams onto the pitch, Hamburg's Nordtribüne paid a touching tribute to the late Kevin Keegan with a wonderful choreo before kick-off. The Englishman, revered in the Hanseatic City after his exploits in the late 70s, sadly passed away in July.
Hamburg suffered a 2-0 defeat away to Borussia Dortmund on the opening day, and Polzin saw fit to make four changes to the starting XI that turned out in the Ruhrgebiet. A busy deadline day saw three new arrivals at the Volksparkstadion, with David Møller Wolfe and Zakaria El Ouahdi thrown straight in for their debuts; Fabio Vieira, meanwhile, began on the bench.
The visitors made two changes themselves to their starting XI that drew 0-0 at home to newly promoted Paderborn last weekend, with Kacper Potulski and Stefan Posch replacing Dominik Kohr and Danny Da Costa in defence.
Urs Fischer's side made the stronger start to the game, with a mistake from Jordan Torunarigha allowing Sheraldo Becker to force a good save from Daniel Heuer Fernandes within the first ten minutes. Moments later, Mainz worked a good opportunity from a corner for Amiri to strike at goal, though the German international sliced his effort wide.
#hamburg #amiri #home #away
As Nicolai Remberg and Nadiem Amiri led their teams onto the pitch, Hamburg's Nordtribüne paid a touching tribute to the late Kevin Keegan with a wonderful choreo before kick-off. The Englishman, revered in the Hanseatic City after his exploits in the late 70s, sadly passed away in July.
Hamburg suffered a 2-0 defeat away to Borussia Dortmund on the opening day, and Polzin saw fit to make four changes to the starting XI that turned out in the Ruhrgebiet. A busy deadline day saw three new arrivals at the Volksparkstadion, with David Møller Wolfe and Zakaria El Ouahdi thrown straight in for their debuts; Fabio Vieira, meanwhile, began on the bench.
The visitors made two changes themselves to their starting XI that drew 0-0 at home to newly promoted Paderborn last weekend, with Kacper Potulski and Stefan Posch replacing Dominik Kohr and Danny Da Costa in defence.
Urs Fischer's side made the stronger start to the game, with a mistake from Jordan Torunarigha allowing Sheraldo Becker to force a good save from Daniel Heuer Fernandes within the first ten minutes. Moments later, Mainz worked a good opportunity from a corner for Amiri to strike at goal, though the German international sliced his effort wide.
#hamburg #amiri #home #away
25 days ago
Sept 03, 2026, 5:05 pm EDT
Software firm Adobe
ADBE
-6.73%
announced that Anil Chakravarthy will take the helm in December, replacing current CEO Shantanu Narayen.
ADBE
-6.73%
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
#jones
Software firm Adobe
ADBE
-6.73%
announced that Anil Chakravarthy will take the helm in December, replacing current CEO Shantanu Narayen.
ADBE
-6.73%
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
#jones
26 days ago
Photo by Yamaha Racing.
Andrea Locatelli's 2026 has slid far enough that Yamaha is reshuffling his garage midseason. Starting from the French Round at Magny-Cours, the Pata Maxus Yamaha rider will work with a new crew chief, Emanuele Martinelli, replacing Giulio Nava for the final four rounds of the year, WorldSBK.com confirmed.
Niccolo Canepa, Yamaha Motor Europe's road racing sporting manager, spoke to the WorldSBK world feed during FP1 at Magny-Cours and did not dress up the situation. "On Locatelli's side, the results have been lower than the expectation, we can't hide from that," Canepa said. "We needed a bit of a reset to help him regain his confidence. To reshuffle the people in the garage could be a positive thing."
Andrea Locatelli walks the Magny-Cours track with his new Crew Chief Emanuele Martinelli.
The move comes after a campaign that has fallen well short of what the #55 delivered a year ago. Locatelli sits outside the top 10 in the 2026 standings, a stark drop from the fourth-place finish he managed in 2025, when he battled Alvaro Bautista and Danilo Petrucci for third and finally broke through for his first WorldSBK win in Race 2 at ****** en. This season he has yet to reach the podium at all. His best result is a fifth in Race 2 at Phillip Island, with his only other top-six coming in Race 1 at ****** en. Locatelli faces his first season without a podium in WSBK.
#yamaha #magny #andrea #canepa
Andrea Locatelli's 2026 has slid far enough that Yamaha is reshuffling his garage midseason. Starting from the French Round at Magny-Cours, the Pata Maxus Yamaha rider will work with a new crew chief, Emanuele Martinelli, replacing Giulio Nava for the final four rounds of the year, WorldSBK.com confirmed.
Niccolo Canepa, Yamaha Motor Europe's road racing sporting manager, spoke to the WorldSBK world feed during FP1 at Magny-Cours and did not dress up the situation. "On Locatelli's side, the results have been lower than the expectation, we can't hide from that," Canepa said. "We needed a bit of a reset to help him regain his confidence. To reshuffle the people in the garage could be a positive thing."
Andrea Locatelli walks the Magny-Cours track with his new Crew Chief Emanuele Martinelli.
The move comes after a campaign that has fallen well short of what the #55 delivered a year ago. Locatelli sits outside the top 10 in the 2026 standings, a stark drop from the fourth-place finish he managed in 2025, when he battled Alvaro Bautista and Danilo Petrucci for third and finally broke through for his first WorldSBK win in Race 2 at ****** en. This season he has yet to reach the podium at all. His best result is a fifth in Race 2 at Phillip Island, with his only other top-six coming in Race 1 at ****** en. Locatelli faces his first season without a podium in WSBK.
#yamaha #magny #andrea #canepa
26 days ago
Who is Keelon Russell? Meet Alabama's new QB1 replacing Ty Simpson originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
Alabama will have a new face under center at quarterback this year, as Ty Simpson is now in the NFL with the Los Angeles Rams. To replace him, head coach Kalen DeBoer has turned to sophomore Keelon Russell.
The sophomore competed with senior quarterback Austin Mack for the starting job, but will be the Tide's Week 1 starter against East Carolina.
Let's take a look at what Russell brings to the Tide and see how he might do in his first season as Alabama's starter.
MORE:Updated news on Lane Kiffin's roster for Week 1 vs. Clemson
#keelon #week #quarterback
Alabama will have a new face under center at quarterback this year, as Ty Simpson is now in the NFL with the Los Angeles Rams. To replace him, head coach Kalen DeBoer has turned to sophomore Keelon Russell.
The sophomore competed with senior quarterback Austin Mack for the starting job, but will be the Tide's Week 1 starter against East Carolina.
Let's take a look at what Russell brings to the Tide and see how he might do in his first season as Alabama's starter.
MORE:Updated news on Lane Kiffin's roster for Week 1 vs. Clemson
#keelon #week #quarterback
26 days ago
After competing in the British and Aragon grands prix, Pol Espargaro will contest next week's San Marino Grand Prix with Tech3 KTM, replacing Maverick Vinales.
Vinales continues to recover from the injury he suffered last year to his left shoulder, in a qualifying crash at the Sachsenring. Since then, he's had ups and downs in his recovery.
Vinales had to miss several races early in 2026 and eventually underwent surgery on 1 April to have a screw removed from the affected area which supposedly was the cause of his problems.
Despite the operation, the Spaniard has failed to and, since returning at Barcelona in mid-May, his performances and results have never been close to expectations.
It was expected that Vinales could return in form after the summer break, but he has been kept away from the track by his physical problems and the KTM/Tech3 conflict over his contract. Last month, Motorsport.com revealed KTM intended to drop Vinales altogether for the remainder of the season.
#espargaro
Vinales continues to recover from the injury he suffered last year to his left shoulder, in a qualifying crash at the Sachsenring. Since then, he's had ups and downs in his recovery.
Vinales had to miss several races early in 2026 and eventually underwent surgery on 1 April to have a screw removed from the affected area which supposedly was the cause of his problems.
Despite the operation, the Spaniard has failed to and, since returning at Barcelona in mid-May, his performances and results have never been close to expectations.
It was expected that Vinales could return in form after the summer break, but he has been kept away from the track by his physical problems and the KTM/Tech3 conflict over his contract. Last month, Motorsport.com revealed KTM intended to drop Vinales altogether for the remainder of the season.
#espargaro
26 days ago
3
Manchester United Women have brought to an end an eventful transfer window.
The Red Devils made a significant change at the start of August, with Marc Skinner departing his role as head coach and Eva Olid replacing him.
Before this movement in August, however, United had already brought in young defender Andrea Medina from Spanish club Atletico Madrid.
United then brought in experienced Leicester City goalkeeper Janina Leitzig as back-up for Phallon Tullis-Joyce in goal.
#brought #august #women #andrea
Manchester United Women have brought to an end an eventful transfer window.
The Red Devils made a significant change at the start of August, with Marc Skinner departing his role as head coach and Eva Olid replacing him.
Before this movement in August, however, United had already brought in young defender Andrea Medina from Spanish club Atletico Madrid.
United then brought in experienced Leicester City goalkeeper Janina Leitzig as back-up for Phallon Tullis-Joyce in goal.
#brought #august #women #andrea
