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70sheerly
21 days ago
Generating $6,550 a month requires $2.25M at a 3.5% yield, $1.31M at 6%, or just $786,000 at 10%.
A blended portfolio of VYM, DIVO, VICI, JEPQ, ARCC, and SGOV yields 5.6%, requiring $1.4M while preserving some dividend growth.
A 3.5% yield growing 8% annually reaches $249,000 in income by year 15, while a static 10% yield stays flat and loses ground to inflation.
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A target of $6,550 a month equals $78,600 a year. For a 66-year-old, that income must cover housing, healthcare premiums, travel, and decades of other retirement expenses. The amount you need to invest to generate $78,600 from portfolio income alone varies widely by yield. Here's what the numbers look like at three yield levels, using six income holdings as examples.

#yield
roll_table994
21 days ago
Selling appreciated stock and donating cash still leaves the full capital gain in Medicare's MAGI, potentially triggering IRMAA surcharges two years later.
A couple adding a $90,000 gain to $200,000 in normal income can face $5,770 in extra annual Medicare premiums, even after donating every dollar to charity.
Donating appreciated shares held over a year directly to charity keeps the gain out of MAGI entirely, avoiding IRMAA; those over 70.5 can also use a QCD up to $111,000.
Building a portfolio and living off one are two completely different skills, and almost ***** ody teaches the second. This problem is what The Definitive Guide to Retirement Income helps, and it is free today. Read more here. (Sponsor)
A 72-year-old retiree has held Berkshire Hathaway (NYSE:BRK-B) shares for decades. This fall he sells $100,000 worth of stock he bought for $10,000, then writes a check for the full amount to his church's building fund. He ***** umes the gift wipes out the income Medicare sees. For his income tax bill, the gift helps. For Medicare, the $90,000 gain stays on his return, and it will raise his premiums two years from now.

#medicare #magi #Stock
0dash
21 days ago
Heidi Klum just brought a very special plus-one to Paris Fashion Week, and the mother-daughter duo is turning heads. The supermodel, 53, stepped out with her youngest child, 16-year-old daughter Lou, for the Vivienne Westwood show. It was the teen's Fashion Week debut, and she proved that she's been taking notes from her stylish mom. The pair coordinated in chic peplum silhouettes and towering platforms.
Heidi Klum and daughter Lou coordinated in peplum looks at the Vivienne Westwood show. Lou, whose dad is singer Seal, usually stays out of the spotlight, which makes this sweet outing even more special. A video from the event shows the two posing side by side in front of a white backdrop splashed with bold orange and red brushstrokes. They look relaxed, happy, and completely in sync.
Heidi went for a glamorous all-white moment. Her ivory satin blazer features a deep plunging neckline, sculpted shoulders, and a single gold ******* on at the waist. She paired it with a matching floor-length satin skirt that skimmed the ground. The model mom finished the look with a sparkling statement necklace and her golden blonde waves styled loose and tousled.
Lou, on the other hand, brought a warm and earthy twist. The teen wore a ******* on-front, corset-style mini dress in a washed brown print. The fitted bodice features thin straps and a scooped neckline, while the flared peplum waist adds a playful touch of movement. The design is a perfect nod to Westwood's famous love for dramatic corsetry and tailoring. She accessorized with a gold bangle and let her dark, voluminous curls fall naturally around her shoulders.
The most eye-catching part of both outfits is the footwear. Lou towers in patterned platform sandals with ankle straps, done in rich brown and red tones that match her dress. Heidi's blue platform shoes peek out from beneath her skirt in a closing shot, adding a fun pop of color to her neutral outfit.

#heidi #klum
YPhR54UE
22 days ago
Michael Douglas has recalled how he once had a "heartbreaking confessional" with Rob Reiner regarding their sons' troubles.
The This Is Spinal Tap director, 78, and his wife Michele Singer Reiner, 70, were found dead at their Brentwood, Los Angeles home last December.
The couple's son, Nick Reiner, has been charged with two counts of first-degree murder over their deaths. He has pleaded not guilty and is awaiting trial in custody.
On Monday, The Los Angeles Times published an excerpt from Michael's new memoir, One ******* uva Ride, in which the Oscar-winning actor described a conversation he once had with Reiner.
"We both had sons with serious drug issues and we both, at times, had been at the end of our rope," he writes, according to the outlet. "It was a heartbreaking confessional for us, but I know we gave each other some measure of comfort during the hard times."
Previously, Rob had discussed Nick's substance abuse issues and rehab stays. The pair made the 2015 film, Being Charlie, about his experiences.

#angeles
xht8fz53v8
23 days ago
Paris just got a dose of some extravagant lace-trimmed drama when Ciara arrived at the BoF Gala in a sheer black lacy dress that leaves little to the imagination. Her outfit blends delicate florals with a lingerie-inspired bodice, and the silhouette frames her baby **** p. With the cameras catching every angle, the singer shared her own verdict of the night online, calling it a "night to remember."
The BoF Gala took place at the Shangri-La Hotel in Paris on Saturday, October 3, during Paris Fashion Week. According to Business of Fashion, guests from more than 70 nationalities celebrated the Class of 2026, the newest additions to "the definitive index of people shaping the global fashion industry."
Fashion account Runway x Red Carpet identified Ciara's look as Dolce & Gabbana. The 40-year-old singer sported a black midi dress made of floral lace, with a see-through finish across the midsection and skirt. The fabric of the dress skims her baby **** p and falls to mid-calf length.
The bodice sets the tone of the look. A black satin top with fine lace trim and slim straps sits above the lace layers, and a darker underlayer appears at the hips. Moreover, the lingerie-inspired styling stays polished thanks to the midi length.
The "Level Up" singer let her accessories keep the focus on the dress. An oversized, sparkling cross necklace rested at her collarbone while a statement ring adorned her hand. Black pointed-toe pumps complete the outfit.

#singer #gala #OUTFIT #inspired
wjx9z4tcsv5m00k
1 month ago
Gold is the ******* et people buy when they have stopped believing in promises. Then most of them hand it to a bank in another country for safekeeping, which is itself a promise.
That arrangement is older than most of the world's central banks. The Bank of England has provided gold custody services to developing nations for decades, according to Reuters, and it usually works for the simple reason that ******* ody involved has any incentive to argue about it.
Custody is boring. It stays boring right up until two governments claim the same account.
Then the metal in the vault ceases to be a reserve ******* et and becomes a legal exhibit. It does not move, and it does not get sold.
It sits in a basement in London, earning nothing and settling nothing, while lawyers on two continents argue over whose signature counts on the paperwork.

#reuters
2rcuid2pckt
1 month ago
In the end, Kevin Warsh's Federal Reserve acquitted itself well. For all the uncertainty he had sparked at the previous meeting of the Federal Open Market Committee, when he refused to provide any indication of what he was prepared to do to tame stubborn inflation, the chair on Wednesday presided over a unanimous decision to raise interest rates for the first time in three years.
"Today's action starts to show that we're serious about this," he said at the press conference after the meeting, with "this" meaning inflation in excess of the Fed's 2% target for over five years. Welcome though it was, his embrace of economic orthodoxy nonetheless did little to dispel the Keystone Cops quality of governance in Donald Trump's US.
Warsh's resolve – raising rates just a few weeks before elections that will determine whether Republicans retain control of Congress – appeared even more resolute in the face of a veiled threat from White House economic adviser Kevin Hassett, who pointed out to his chums on Fox that "if you want an independent Fed, then one thing the Fed does is it stays out of the way of elections".
The central bankers' parsimonious comments in the press conference following the meeting made a sharp contrast with the more unhinged commentary from other members of the administration, including the president himself, who earlier this month celebrated the resilience of the labor market with a mind-boggling threat to "STOP TRADING WITH COUNTRIES WITH WHICH WE HAVE A DEFICIT" unless the Fed cut interest rates.
Trump has yet to turn on Warsh in the way he did on his predecessor, Jerome "numbskull" Powell. But the signs are ominous. After the rate hike, Trump went ballistic – spewing more of the random, incoherent thoughts that have become his trademark. "Interest Rates in the United States should be 1%, or less, because we are the Best Credit in the World," he wrote on social media, despite recalcitrant inflation and a budget deficit that is likely to exceed $2tn this year. He again demanded the powers that be to "LOWER THE INTEREST RATES FOR THE UNITED STATES OF AMERICA, AND FAST!"

#rates #federal #states
orBit1
1 month ago
On August 20, Royal Caribbean Group (NYSE:RCL) said it had completed a sale of $1.25 billion of notes that carry a 5.55% coupon and come due on January 20, 2034. The money is earmarked first for floating-rate term loans, with anything left over used to repay or refinance other debt, and the offering rode on a shelf registration filed on February 29, 2024. That sounds like routine upkeep. But next to an earnings beat and a flat third-quarter pricing outlook, the deal gives you a handy lens on where the company stands.
Start with the debt itself. Swapping floating-rate borrowings for notes with a stated 5.550% coupon takes some interest-rate guesswork out of the picture, and the notes don't mature until January 20, 2034. That matters because $2.7 billion comes due in 2027 and $3.4 billion in 2028. Against those bills, the company held $6.9 billion of liquidity as of June 30, and it added $250 million to its revolving credit line in July.
The business generating the cash is running well. On July 28, Royal Caribbean reported second-quarter adjusted earnings of $4.21 per share, ahead of its own guidance on stronger last-minute demand, lower costs, and better results from joint ventures. Management then raised full-year adjusted EPS guidance to a range of $17.73 to $17.87, which implies 14% growth. It also kept returning cash to shareholders in the second quarter, through $404 million of dividends and $199 million of buybacks. Booking volumes are running above last year, and 2027 bookings are tracking ahead of past years, even on routes that geopolitical events hit in 2026.
Beat or not, that $4.21 is still below the $4.38 from the same quarter in 2025. Costs excluding fuel per passenger cruise day rose 4.4%, and the cost beat came largely from the timing of expenses. Then there is pricing, where the story gets less rosy. Third-quarter net yields are guided to roughly flat against 2025 while capacity grows 8.5%, so the expected 8% revenue growth comes from more capacity, not from better yields. Management also says prolonged geopolitical activity has dented bookings on select itineraries. It calls the hit modest, but it is now built into guidance.
The refinancing also doesn't shrink the debt pile. New notes pay off old borrowings, so the total owed stays roughly where it was, and the company still expects net interest of $980 million to $990 million this year. Add roughly $4.7 billion of capital spending in 2026, mostly for new ships and destination projects, and it is clear this business needs a steady supply of capital. The April ship orders, Icon VI and Icon VII, extend that appetite, though their financing is already committed.

#billion #quarter #company #year
kmzwolm_xavyuzu
1 month ago
On September 18, Prudential Financial (NYSE:PRU) announced it will sell every share it holds in Alexforbes, a company listed on the Johannesburg Stock Exchange. Two buyers are splitting the stake. Alexforbes will repurchase roughly 372.8 million shares itself, and ARC AF Holdings will take about 74.1 million more. The package is worth about $185 million, a small number for a company managing $1.642 trillion. But the message matters more than the money. A plan Prudential laid out in August is now turning into signed agreements.
The logic is easy to follow. Prudential wants to operate in fewer places and put its money, people and attention where it thinks it can win for years. Andy Sullivan, the chief executive, says the aim is to lean harder on ***** et management, retirement and protection, and get those units working together more closely. David Legher, who leads emerging markets, called Alexforbes a successful investment, so this reads as a planned exit rather than a retreat from a problem.
The core business is giving management room to be choosy. On August 4, Prudential reported second-quarter net income of $985 million, up from $533 million a year earlier. That happened even though a charge from the yearly ***** umption update grew to $299 million from $134 million, so the underlying engine ran strong enough to absorb a bigger hit. The company also returned $743 million to shareholders in the quarter and held $4.2 billion in highly liquid ***** ets at the parent level. That does not look like a seller in a hurry.
Start with what has not happened yet. The deals are expected to close in the first half of 2027, and they still need Alexforbes shareholders to approve the buyback, along with regulatory sign-off. Until then, $185 million is an agreed price, not cash in the bank. Prudential also said New Veld's involvement continues before completion, so the company stays tied to the ***** et for now.
Then there is the size. Set against those trillions in ***** ets, this sale will not move results either way. Its value is strategic, and strategy takes years to judge. Prudential is giving up a foothold in a partnership it called important, and its remaining businesses have their own snags. Sales in Prudential of ***** an are suspended, and management said that weighed on international results even as earnings held up.

#august #money
1368_6_76_tdrst
1 month ago
Owning a $400,000 Villages home costs owners roughly 4.5% annually in forgone investment income alone, before taxes, insurance, or CDD bond payments.
Annual rentals run between $2,200 and $3,000 a month, but renting beats owning only for stays under eight years once all costs are counted.
A 75-year-old facing a forced sale in a narrow buyer pool at 3.98 million existing home sales risks losing the flexibility a lease ending provides.
Two retirees, same $1 million, same 4% rule, buy one finished with $1.4 million, the other hit $0 in 12 years. Our free reader guide explains the flaw that separated them, and the income-first method built to avoid it.
At the end of the day, renting versus buying in The Villages comes down to one thing: math. More owners are running the numbers and finding that renting wins on the spreadsheet, so here is what the comparison actually looks like when every line is filled in.

#income
neon3able
1 month ago
Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) reported a widening split between dining and entertainment in its September 14 second-quarter results. Food-and-beverage revenue increased to $211.5 million from $192.9 million, while entertainment revenue fell to $332.6 million from $364.5 million.
For the fiscal quarter ended August 4, 2026, total revenue declined 2.4% to $544.1 million. Operating income dropped to $19.4 million from $53 million. The GAAP net loss was $12.5 million, versus net income of $11.4 million a year earlier. Stronger restaurant sales are providing support, but the investment question is whether they can also bring customers back to the games.
Food-and-beverage revenue grew approximately 9.6%, giving Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) an identifiable source of momentum. A more appealing dining experience could encourage repeat visits, group occasions, and longer stays, creating additional opportunities to sell entertainment.
Management reported ongoing growth in food-and-beverage and special-events sales, alongside improving comparable-sales trends in July and the third quarter to date. That suggests the recovery effort has some traction beyond a single revenue category, although the later sales improvement was not quantified.
Management also said remodeled locations continued to outperform the system on comparable sales. That supports selective investment in existing venues, provided the additional revenue earns adequate returns on remodeling costs.

#entertainment #dave
9lowLywh0rl
1 month ago
Travel credit cards offer points and miles rewards on your spending, which you can use toward travel-related redemptions, such as flights, hotel stays, and car rentals. You'll often earn the highest rewards rate on travel purchases with a travel credit card. However, many also offer boosted rewards on everyday purchases like groceries, gas, and more.
When you're comparing travel credit cards, it's useful to separate them into two distinct types: general travel rewards cards and co-branded airline and hotel credit cards.
With a general travel credit card, you'll have a number of flexible redemption options when you're ready to redeem your points and miles.
Travel card issuers generally have their own travel portals, like Chase Travel or American Express Travel, where you can book flights, hotels, rental cars, and more. These programs also have a number of travel transfer partners to which you can directly transfer points or miles. For example, American Express Membership Rewards points transfer to Delta SkyMiles at a rate of 1:1.
The flexibility of general travel cards means you can use your rewards to travel with different airlines or hotel brands. Each time you're ready to book, simply shop around between the portal or partners and compare the best options for your specific travel plans.

#rewards #points #you 're
7_0APLB2
1 month 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
dqss68_wuwb000
1 month ago
Travel credit cards offer points and miles rewards on your spending, which you can use toward travel-related redemptions, such as flights, hotel stays, and car rentals. You'll often earn the highest rewards rate on travel purchases with a travel credit card. However, many also offer boosted rewards on everyday purchases like groceries, gas, and more.
When you're comparing travel credit cards, it's useful to separate them into two distinct types: general travel rewards cards and co-branded airline and hotel credit cards.
With a general travel credit card, you'll have a number of flexible redemption options when you're ready to redeem your points and miles.
Travel card issuers generally have their own travel portals, like Chase Travel or American Express Travel, where you can book flights, hotels, rental cars, and more. These programs also have a number of travel transfer partners to which you can directly transfer points or miles. For example, American Express Membership Rewards points transfer to Delta SkyMiles at a rate of 1:1.
The flexibility of general travel cards means you can use your rewards to travel with different airlines or hotel brands. Each time you're ready to book, simply shop around between the portal or partners and compare the best options for your specific travel plans.

#credit #hotel #general
tlLQvaM
1 month ago
On September 14, Radiant Logistics (NYSEAMERICAN:RLGT) held its fourth fiscal quarter earnings call, and the headline numbers landed harder than a typical logistics update. Net income jumped 53.1% to $7.5 million for the quarter ended June 30, while revenue climbed 18.5% to $261.4 million. Look past that one quarter, though, and the picture gets more complicated, because full-year adjusted profitability actually fell. That gap between a blowout quarter and a softer year is what makes this name worth a closer look.
The fourth fiscal quarter was strong from top to bottom. Adjusted EBITDA rose 31.6% to $10.4 million, margin expanded 240 basis points to 15.5%, and adjusted net income climbed 34.5% to $7.4 million, all against organic revenue growth of 8%. Management credited the acceleration to US forwarding operations and international airfreight, including work supporting disaster relief after typhoon activity hit the Western Pacific earlier this year, plus airfreight demand tied to capital flows into global data center buildouts.
The balance sheet backs up the story. Radiant enters fiscal 2027 with zero net debt, $25.6 million in cash as of June 30, and a $200 million senior credit facility that was extended and restated in August, pushing maturity out to August 7, 2031, while its acquisition-focused accordion grew to $100 million from $75 million. On the domestic side, capacity has been exiting the truckload and intermodal markets, and spot rates and tender rejections moved higher late in the quarter. Radiant also launched a new independent agent program at Radiant Road & Rail during the quarter, extending its freight forwarding agent network into truck brokerage and intermodal, while Navegate is gaining traction, with one enterprise customer now managing more than 1,400 vendors on the platform.
The full-year numbers tell a different story than the quarter does. Revenue rose just 3.5% to $934.4 million from $902.7 million, a fraction of the fourth quarter's 18.5% pace, and full-year net income grew a modest 8.7% to $18.8 million. Full-year adjusted EBITDA actually fell 5.4% to $36.7 million from $38.8 million, and that figure included a $1.3 million First Brands adjustment. Strip that out and normalized adjusted EBITDA comes in at $35.4 million, an even steeper decline than the headline number suggests.
The operating backdrop stays complicated too. Ocean shipping routes remain disrupted by the closure of the Strait of Hormuz and continued Houthi activity affecting Suez Canal transits, keeping capacity tight on key trade lanes. US tariff policy is generating elevated IEEPA-related filing activity, and Canada put new retaliatory tariff measures into effect in early September, adding fresh complexity for shippers moving goods across that border. Management itself acknowledged that the domestic truck brokerage improvement seen late in the fourth quarter is not yet fully reflected in the reported results.

#quarter #revenue
socket106
1 month ago
Invesco Aerospace & Defense ETF (NYSEMKT:PPA) offers a long track record and broad industrial exposure, while Global X Defense Tech ETF (NYSEMKT:SHLD) provides a lower-cost, technology-focused approach to the defense sector.
Defense spending often stays resilient throughout various economic cycles, making aerospace and defense exchange-traded funds a popular choice for investors seeking sector-specific growth. While both funds target the same broad industry, they differ in their approach to legacy hardware versus emerging technologies and software-defined systems. This comparison looks at how the veteran PPA stacks up against the newer SHLD.
Metric
SHLD
PPA

#approach
mix_0157
1 month ago
By Anna Szymanski
Sept 16 (Reuters) - An unsettled few days set the scene for the week's main event: the Federal Reserve's policy decision. Markets overwhelmingly expect a quarter-point rate hike, the central bank's first since 2023, against the backdrop of resurgent oil prices and a 10-year Treasury yield that's recently breached the ‌important 5% mark.
A rate increase could put Fed Chair Kevin Warsh on a collision course with the White House, given President Donald Trump's continued preference for easing ‌policy. But given all the economic data supporting calls for a hike, Warsh risks losing credibility if the central bank stays on hold.
Today's decision - and the messaging surrounding it - will be a major test for Warsh. The Fed chair struck a hawkish tone at Jackson Hole last month and, with U.S. inflation still running above target and the unemployment rate still low, policymakers risk undermining their credibility if they don't follow through and lift the benchmark rate to the 3.75%-4.00% range.
That's as Donald Trump continues to push for the U.S. to have the lowest borrowing costs in the world. The U.S. president recently threatened to stop trading with some countries if the Fed does not cut rates, though markets have not taken that threat very seriously.

#rate #markets #president #decision
s3cket
1 month ago
Applied Digital turned negative for the year after a 24% monthly slide, while peers Core Scientific and Cipher Mining each fell between 4% and 5% on Tuesday despite staying positive year to date.
The sector ETF DTCR fell just 0.6% as selling stays concentrated in leveraged buildout names, not the broader infrastructure basket.
Despite $36 billion in contracted lease value and strong Q4 results, Applied Digital's $2.7 billion debt load raises dilution risk as its share price falls.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Applied Digital's slide Tuesday afternoon matters most for what it does to the year. Applied Digital (NASDAQ:APLD) stock is down 4% to $23.72, pushing the year-to-date figure to a decline of 3%. That's a stark reversal for a name that was among the market's most favored artificial intelligence (AI) capacity plays earlier in 2026, and it caps a month in which the group has bled steadily lower.

#year #despite #date #billion
Table_0242
1 month ago
Adobe (ADBE) reported a record fiscal Q3 2026 and raised its fiscal 2026 revenue and earnings targets. Revenue rose 13% as reported to $6.76 billion, above the $6.70 billion the company had guided. But the key figure that did not move is the one to hold the quarter against: the fiscal 2026 target for growth in ending annualized recurring revenue, or ARR, still 10.2%.
The fiscal 2026 revenue target moved to $26.576 billion to $26.626 billion from $26.55 billion. The interim CFO sized that at around $50 million at the midpoint, a little less than the $60 million revenue beat in fiscal Q3. The gap is a slight currency headwind in fiscal Q4, and the interim CFO said nothing in the business changed. Non-GAAP earnings per share of $6.13 cleared the $6.08 guide, and the fiscal 2026 non-GAAP EPS target moved to $24.45 to $24.50.
Total ending ARR was $27.5 billion, up 11.2% year over year at the end of fiscal Q3, and the fiscal 2026 year-end growth target for it stayed at 10.2%. Remaining performance obligations, or RPO, grew 8% year over year. One ***** yst called that the first single-digit reading since early fiscal 2023, and down from the prior quarter. The interim CFO tied the RPO figure to the push to acquire new users through the freemium model, and said RPO typically steps up in fiscal Q4 and then stays roughly flat for three quarters.
Another ***** yst put net new ARR down 36% to 37% year over year. Management's answer: Adobe has sent a portion of its traffic into the freemium path to acquire users, and will calibrate when to convert them into paying ARR. The CEO said the company was happy to skip pricing actions that might have brought short-term relief but matter less than new user adoption. Creative freemium monthly active users, which include Firefly, Express and the web and mobile versions of Photoshop, crossed 100 million, growing more than 70% year over year.
So far the paying signal is small against the book. AI-first ending ARR passed $650 million, growing more than 150% year over year, which is about 2.4% of the $27.5 billion total. Management says credit consumption is accelerating quarter on quarter across Creative Cloud and the Firefly app, and Acrobat AI ***** istant monthly active users doubled from the prior quarter. Management gave no date for resuming the pricing actions it deferred in Creative Cloud, and said it is constantly calibrating the best conversion point.

#year #revenue #target #creative
hardly36615
1 month ago
On September 14, Radiant Logistics (NYSEAMERICAN:RLGT) held its fourth fiscal quarter earnings call, and the headline numbers landed harder than a typical logistics update. Net income jumped 53.1% to $7.5 million for the quarter ended June 30, while revenue climbed 18.5% to $261.4 million. Look past that one quarter, though, and the picture gets more complicated, because full-year adjusted profitability actually fell. That gap between a blowout quarter and a softer year is what makes this name worth a closer look.
The fourth fiscal quarter was strong from top to bottom. Adjusted EBITDA rose 31.6% to $10.4 million, margin expanded 240 basis points to 15.5%, and adjusted net income climbed 34.5% to $7.4 million, all against organic revenue growth of 8%. Management credited the acceleration to US forwarding operations and international airfreight, including work supporting disaster relief after typhoon activity hit the Western Pacific earlier this year, plus airfreight demand tied to capital flows into global data center buildouts.
The balance sheet backs up the story. Radiant enters fiscal 2027 with zero net debt, $25.6 million in cash as of June 30, and a $200 million senior credit facility that was extended and restated in August, pushing maturity out to August 7, 2031, while its acquisition-focused accordion grew to $100 million from $75 million. On the domestic side, capacity has been exiting the truckload and intermodal markets, and spot rates and tender rejections moved higher late in the quarter. Radiant also launched a new independent agent program at Radiant Road & Rail during the quarter, extending its freight forwarding agent network into truck brokerage and intermodal, while Navegate is gaining traction, with one enterprise customer now managing more than 1,400 vendors on the platform.
The full-year numbers tell a different story than the quarter does. Revenue rose just 3.5% to $934.4 million from $902.7 million, a fraction of the fourth quarter's 18.5% pace, and full-year net income grew a modest 8.7% to $18.8 million. Full-year adjusted EBITDA actually fell 5.4% to $36.7 million from $38.8 million, and that figure included a $1.3 million First Brands adjustment. Strip that out and normalized adjusted EBITDA comes in at $35.4 million, an even steeper decline than the headline number suggests.
The operating backdrop stays complicated too. Ocean shipping routes remain disrupted by the closure of the Strait of Hormuz and continued Houthi activity affecting Suez Canal transits, keeping capacity tight on key trade lanes. US tariff policy is generating elevated IEEPA-related filing activity, and Canada put new retaliatory tariff measures into effect in early September, adding fresh complexity for shippers moving goods across that border. Management itself acknowledged that the domestic truck brokerage improvement seen late in the fourth quarter is not yet fully reflected in the reported results.

#million #quarter #revenue #fiscal
wyo_xo_jeme_nve
1 month ago
Amid the news that Macklemore has been dropped as an opener from Ed Sheeran's North American tour, the rapper has alleged that New England owner Robert Kraft intervened to get him removed.
In a lengthy statement posted on Instagram, Macklemore alleged that Kraft had called Sheeran ahead of the singer's concert at Gillette Stadium, which is owned by Kraft. In what Macklemore called a "f***ed up position" for Sheeran, Kraft allegedly barred Macklemore from performing in the stadium and had "rallied" other stadium owners to issue an "ultimatum."
"Last Monday, in the middle of all the media attention surrounding Pink and what I said at MetLife, Ed told me that Robert Kraft called him," Macklemore wrote. "Ed told me that Kraft said I would not be allowed to perform in his stadium. Ed also told me that Kraft had rallied some of the other stadium owners and collectively they gave him an ultimatum: if Macklemore stays on the tour, you will not be allowed to play in our venues."
Macklemore opened for Sheeran on Sept. 4 and 5 at New Jersey's MetLife Stadium. During his performance, Macklemore called for a "Free Palestine" in a speech before performing his song "Hind's Hall," which was written in support of pro-Palestine protests. The performance drew criticism from many, including singer P!nk, and received a significant amount of media attention.
Macklemore, whose real name is Benjamin Haggerty, has been vocal about his support for Palestine in recent years, something that he said challenged Sheeran's "typical apolitical stance."

#stadium #called #told #robert
31push
1 month ago
Another round of layoffs has brought dramatic cuts to a city's local newspaper.
On Monday, Hornets beat reporter Rod Boone of the Charlotte Observer shared on social media that the paper eliminated his position, along with seven colleagues, in the latest round of McClatchy cuts.
Boone said that the news came "less than 48 hours after being told corporate had given the green light to bring back my podcast they whacked two years earlier." He also noted that the cuts meant that the paper will no longer have a writer dedicated to covering the Hornets, a first since the team's inception in 1987.
The cuts are just the latest in a series of layoffs made at papers controlled by McClatchy. The Miami Herald also laid off staffers this week, including sportswriter Greg Cote, who went back five decades with the paper. The Sacramento Bee was also caught in the wreckage, losing its sports department entirely.
Media layoffs have only become more common in recent years, and local newspapers are especially suffering. They have also often come with a shocking lack of respect from those in charge of deciding who stays and who goes. As Boone says, he got the news of his release just days before his fifth anniversary at the paper, and just days after he was ****** ured that he was clear to bring his podcast back on the air. Similarly, Cote's dismissal from the Herald came after 54 years of service, and he got the news on his birthday.

#cuts #boone #paper
lzYzbf0Gt
1 month ago
Former Pittsburgh Steelers coach Mike Tomlin knows as much as anybody of the Cleveland Browns' long-spanning futility, and he put that past to good work on Sunday while roasting Cleveland.
Tomlin trolled Cleveland after the team's rotten season debut against the Jacksonville Jaguars, quoting a former Steelers player to sum up the franchise's misfortunes.
"In the words of my friend JuJu Smith-Schuster, the Browns is the Browns," Tomlin quipped during a Sunday NBC Sports segment.
Okay, that's pretty funny. Tomlin's first season on the sideline has gone extraordinarily well so far, and moments like this will only increase the odds he stays in NFL broadcasting for the long haul.
If you're a Cleveland fan, we're sorry for this. Maybe brighter days are ahead... eventually.

#former
qkwnlxedfccnhmmu
1 month ago
Lowe's edges out Home Depot as the safer income hold, with a 6.93% FCF yield covering its 2.39% dividend yield by a far wider margin.
Home Depot's Pro contractor pivot drove 1.7% comp sales growth versus Lowe's 0.2%, but its free cash flow still shrank 22% and its payout ratio sits higher.
Lowe's steady raises from $1.05 to $1.25 quarterly signal a longer dividend growth runway than Home Depot's token 1.3% ***** p to $2.33.
Just released. Our ***** ysts combed the entire stock market and named the ten best stocks to buy right now, and Home Depot didn't make the cut. Enter your email to see the names that beat HD. The report is free. Enter your email and see if any of your stocks made the cut.
For an income investor weighing Home Depot (NYSE:HD) against Lowe's (NYSE:LOW), the real question is which dividend holds up better when the housing market stays frozen. Existing home sales sit at 3.98M annualized, the lowest reading in the trailing twelve-month history and inside what the series classifies as the soft range ***** ociated with high mortgage rates. Home Depot's CFO said housing turnover has "never been lower as a percentage of the housing stock". When people stop moving, they stop renovating. That is the identical headwind facing both payouts, and it sharpens the question of which one is actually safer.

#home #depot #Dividend #housing
quickly
2 months ago
Charleston White, comedian and social media star, allegedly ****** aulted and robbed a woman.
This happened during the same weekend when the comedian was arrested on battery charges in South Florida.
Kay Pretty alleged on her Instagram on September 12, 2026, that she kept silent for too long. According to her story, White punched her in the face while she was sleeping, insulted her, said she was worthless, and tried to drive her away from the house they both lived in. The woman added that he had physically ****** aulted her the previous night as well.
"I have a lot to say about Charleston, from abusing me physically, mentally, emotionally, financially, and spiritually, to stealing my money, my jewelry, my clothes, my bags," she wrote. "He has disrespected me for the last time, and I won't stand for it anymore. I hope he gets what he deserves and rots in jail."
White, 49, was arrested Saturday by the Hollywood Police Department and booked into the Broward County jail on the misdemeanor charge of touch or strike battery, according to TMZ reports that referenced the jail records. The records list the case as pending trial with bond at $0. Until the case goes to court and the judge sets the bond, the comedian stays in jail. The details of the alleged battery incident aren't disclosed.

#comedian #battery
ba2icWidGet
2 months ago
GILMER, Texas (KETK) -- The Union Grove Lions took on the Elkhart Elks at home on Friday night to start their first run of the season.
FINAL: Union Grove 30 - Elkhart 6
Winnsboro stays undefeated after beating Lone Oak
Union Grove will face Tenaha at Tenaha on Sept. 18 for their last non-district game of the season.
Elkhart will face Winona at home next Friday.

#home #season
fixMaDLy
2 months ago
One could call it chance or call it fate, but there's little doubt that it required quite a bit of good fortune for the Chicago Bears to wind up with Caleb Williams as their No. 1 quarterback. As they prepare to meet the Carolina Panthers in this weekend's season opener, the trade history of the two franchises is back in the spotlight.
The Bears famously sent the No. 1 overall pick to the Panthers back in 2023. In return, they acquired the Panthers' first and second-round picks in 2023, another first-round pick in 2024, a 2025 second-round pick, and wide receiver D.J. Moore. Moore is, of course, now in Buffalo, but mainstays in Darnell Wright, Tyrique Stevenson, and Luther Burden III remain key components of the 2026 squad.
The ability to draft Williams the following year, however, remains the most crucial part of the deal that allowed the Panthers to select Bryce Young atop that 2023 draft. The two quarterbacks enter the new season with differing development paths and outside perceptions, but Williams, for his part, expressed gratitude over how things materialized.

#round
dzh_3oo8s
2 months ago
Bo Bichette's future with the New York Mets remains uncertain as the team prepares for the Subway Series against the New York Yankees.
The Mets signed Bichette to a three-year, $126 million contract last winter. He now faces a major decision after the season.
MORE: Phillies announce results on Brandon Marsh's X-rays after 1-run loss to Astros
Bichette can opt out of the deal and enter free agency. If he stays, he would earn $42 million in each of the next two seasons.
ESPN's Jeff Passan recently called the decision a "genuine coin flip," according to reports on Bichette's future. That shows just how difficult the choice could be.

#METS #bichette #series
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sitgng6
2 months ago
Sophie Cunningham has quietly turned into one of the most efficient bench players in the WNBA this season. The Indiana Fever guard has settled into a steady role off the bench and has given the team consistent scoring and defense throughout the year.
Cunningham, a 2019 second round pick out of Missouri, is in her second stint with Indiana after previously spending six seasons with the Phoenix Mercury. She has become a fan-favorite for her physical style of play and has now backed that reputation with career best shooting numbers.
Her production has stayed steady even as her role stays limited to 22.7 minutes a night, making her efficiency stand out even more this season.
MORE: Former Indiana Fever guard signs with Lynx before WNBA playoffs
Indiana Fever guard Sophie Cunningham (8) Mandatory Credit: Chris Jones-Imagn Images

#fever #guard #WNBA
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tjbvwpto5oc687
2 months ago
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#venture #credit

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