While for most companies interest rate risk materializes, when the rates go up, for BDCs it is the opposite. When interest rates go down, BDCs usually suffer.Roberts Berzins has over a decade of experience in the financial management helping top-tier corporates shape their financial strategies and execute large-scale financings. He has also made significant efforts to institutionalize REIT framework in Latvia to boost the liquidity of pan-Baltic capital markets. Other policy-level work includes the developm ...

Key Takeaways PBR announces a 5.6% cut in gasoline prices to 2.85 reais/liter, its first cut since October 2023. Gasoline sales in April rose 4.6% YoY, totaling 3.81 billion liters amid recovering domestic demand. PBR's pricing shift avoids global volatility, but retail prices depend on taxes and ethanol blending.Petrobras (PBR) , an oil and gas company of Brazil, has announced a 5.6% reduction in gasoline prices to distributors, the first fuel price cut since October 2023.  Effective Tuesday, gasoline is ...

Key Takeaways QGEN partners with Tracer and Foresight to advance MRD testing in oncology clinical trials. New alliances support decentralized, non-invasive diagnostics using QIAGEN's QIAcuity dPCR and ctDNA tests. The partnerships aim to broaden clinical access and enhance QGEN's leadership in personalized cancer care.QIAGEN N.V. (QGEN) announced the expansion of its oncology diagnostics portfolio with two strategic partnerships. The new collaborations with Tracer Biotechnologies and Foresight Diagnostics ...

Key Takeaways DK aims for $120 million in annual cash flow gains by late 2025 through its Enterprise Optimization Plan. Midstream deconsolidation has improved liquidity by $250 million and could unlock hidden value in DKL. DK bought back $32 million in shares and paid $16 million in dividends despite Q1 margin pressures. Delek US Holdings, Inc. (DK) operates as a prominent entity within America’s downstream energy landscape, focusing on both refining and logistics. The company transforms crude oil into cr ...

Retailer aims to provide fun for all, sustains plan to open 20-25 new stores in fiscal 2025KATY, Texas, June 3, 2025 /PRNewswire/ -- Academy Sports + Outdoors ("Academy" or the "Company") (Nasdaq: ASO), a leading full-line sporting goods and outdoor recreation retailer, is excited to announce it has opened two new locations in Fort Walton Beach, Fla. and Midlothian, Va.; and will open another new store in Morgantown, W.Va. later this month. The openings come on the heels of the retailer surpassing 300 total ...

Core Viewpoint - Companies with strong balance sheets are increasingly engaging in stock buybacks as a shareholder-friendly strategy amid market volatility and sector rotations in 2025, indicating management's confidence in their businesses and the undervaluation of their stocks [1] Group 1: Stock Buyback Announcements - Multiple large-cap stocks have announced significant buyback programs, with one consumer discretionary company having buyback capacity equal to nearly 16% of its market cap, reflecting high confidence in future performance [2] - Lennox International announced an increase in its buyback capacity to $1 billion, totaling just under $1.3 billion, which is about 6.4% of its market capitalization [3] - Deckers Outdoor increased its buyback authorization to approximately $2.5 billion, equating to 15.8% of its market capitalization, indicating a strong ability to reduce outstanding shares [7] Group 2: Financial Performance and Metrics - Lennox International's operating margin expanded from around 14% in 2022 to nearly 19.5% in 2024, with full-year adjusted EPS growing by 54% [4][5] - Deckers Outdoor's stock gained approximately 265% from early 2022 to January 2025 but has since fallen about 53%, prompting the recent buyback authorization [6][8] - Tenaris approved a new share repurchase program valued at $1.2 billion, which is approximately 6.7% of its market capitalization, and has a strong dividend yield of just under 5% [11][12] Group 3: Cash Reserves and Future Buyback Capacity - Deckers Outdoor has a cash balance of just under $1.9 billion and only $277 million in debt, providing a strong ability to execute its buyback plans [9] - Tenaris ended the last quarter with a net cash balance of $4 billion and generated free cash flow of over $2.1 billion in the last 12 months, allowing it to potentially execute its full buyback capacity without reducing cash reserves [13]

The Kroger Brand limited-time Summer in a Pint ice cream and sherbet collection features four all-new flavors inspired by top summer vacation getaways.To celebrate the collection and the summer solstice, Kroger is giving away 92,000 pints of free ice cream on June 20.CINCINNATI, June 3, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) is scooping up the ultimate taste of summer with its limited-time Kroger Brand Summer in a Pint collection. Available in select quantities the collection features four new ice c ...

Core Viewpoint - Flex has been recognized as the 2025 Sustainability Supplier of the Year by Ford Motor Company for its excellence in sustainable manufacturing and leadership in emissions transparency solutions [1][2]. Group 1: Recognition and Awards - Flex was awarded the title of 2025 Sustainability Supplier of the Year at Ford's annual Supplier Awards ceremony, highlighting its commitment to sustainability [2][6]. - The award reflects the successful collaboration between Flex and Ford in advancing sustainability within the automotive value chain [3]. Group 2: Sustainability Initiatives - Flex's notable contribution includes the development of the automotive industry's first product carbon footprint tracking pilot, which aims to address emissions tracking challenges across the value chain [3]. - The pilot is built on Catena-X standards and establishes a scalable framework for emissions traceability [3]. Group 3: Corporate Sustainability Strategy - Flex's sustainability strategy focuses on science-based environmental actions, ethical business practices, and community investment, aiming to create a cleaner and healthier world [4]. - The company emphasizes the importance of collaborative partnerships to enhance its sustainable value chain while delivering value to customers and stakeholders [4]. Group 4: Company Overview - Flex operates as a manufacturing partner across 30 countries, providing technology innovation and supply chain solutions to various industries [5].

Oliver Rodzianko is the Founder and Chief Executive Officer of Invictus Origin, a pioneering high-alpha investment management firm launched in May 2025, dedicated to becoming a globally recognized, actively managed fund. Invictus Origin is developing innovative portfolio strategies, notably through its flagship Nasdaq High-Alpha Black Swan Portfolio, strategically designed to sustainably outperform the Nasdaq-100. Distinctively, this portfolio maintains approximately 20% in strategic cash reserves, providin ...

Singapore, June 03, 2025 (GLOBE NEWSWIRE) -- Fortude has announced its second Microsoft Solutions Partner designation, ‘Azure Digital and App Innovation’ in addition to Data and AI. This recognition demonstrates the company's deep technical expertise and proven success in delivering transformative solutions using Microsoft technologies. The Solutions Partner designation is awarded to companies that meet standards across technical performance, skilling, and customer success and demonstrate a broad capability ...