Medical Properties & Praemia REIM JV Announces Refinancing Transaction
ZACKS· 2025-06-18 17:21
Key Takeaways MPW, Praemia REIM JV refinanced its maturing seven-year debt with a 10-year, non-amortizing loan at 5.1% rate. The loan is secured by German rehab hospitals run by MEDIAN, Europe's largest rehab operator. JV's annual cash rent grew 20M euro since 2018, matching expected market interest expense rise from new loan. Medical Properties Trust, Inc. (MPW) — also known as MPT — and Praemia REIM announced that its 50/50 joint venture (“JV”) has refinanced its maturing seven-year debt agreement at a ...
LRCX Leans on CSBG & Semiverse Solutions: Will it Drive Growth?
ZACKS· 2025-06-18 17:21
Key Takeaways Lam Research leans on CSBG and Semiverse Solutions to drive growth and reduce revenue volatility. CSBG posted $1.68B in Q3 FY25 revenues, up 20% YoY, and is growing 1.5x faster than the WFE market. Semiverse signs new licensing deals as tools like SEMulator3D gain traction in virtual chip development.Lam Research Corporation (LRCX) is building a durable competitive edge through two powerful growth engines, the Customer Support Business Group (CSBG) and Semiverse Solutions. Together, these gr ...
Intel set to lay off around 10,000 workers — despite getting $2.2B in CHIPS Act funds under Biden
New York Post· 2025-06-18 17:20
Struggling chip giant Intel is reportedly preparing to slash up to 20% of its global workforce next month — despite the company receiving more than $2 billion in federal funding under former President Biden’s signature CHIPS Act.The scale of the layoffs, amounting to around 10,000 workers, was disclosed in an internal email viewed by The Oregonian/OregonLive and confirmed by four Intel employees who spoke to the online news outlet.“These are difficult actions but essential to meet our affordability challeng ...
Cathie Wood Says If She Could Only Invest in 1 Artificial Intelligence (AI) Stock, This Would Be It (Hint: It's Not Palantir)
The Motley Fool· 2025-06-18 17:19
Cathie Wood is the founder and chief investment officer of Ark Invest, which manages exchange-traded funds (ETFs) focused on themes such as biogenetics, artificial intelligence (AI), robotics, renewable energy, and cryptocurrencies.While stocks such as Palantir Technologies, Robinhood, and Archer Aviation comprise some of the largest positions in Ark's portfolios, Wood recently revealed her highest-conviction pick. During an interview on The Diary of a CEO podcast, she said that if she could only invest in ...
Plains All American to Sell Canadian NGL Business to Keyera for $3.75B
ZACKS· 2025-06-18 17:16
Key Takeaways PAA is selling most of its Canadian NGL business to Keyera for about $3.75 billion. The deal boosts PAA's crude oil focus while reducing exposure to commodity volatility. PAA expects nearly $3 billion in net proceeds post-tax, aiding buybacks and strategic acquisitions.Plains All American Pipeline, L.P. (PAA) and Plains GP Holdings (PAGP) , (collectively, Plains) have entered into a definitive agreement to sell the majority of their Canadian Natural Gas Liquids (“NGL”) business to Keyera Cor ...
Cigna: Valuation Discount To Historical And Sector Averages Persists
Seeking Alpha· 2025-06-18 17:12
The Cigna Group (NYSE: CI ) has gone from a classic insurer to a diversified healthcare player with a stable, two-platform model. Previously, Cigna was known for its insurance business, but after buying Express Scripts in 2018 for $67 billion, the companyHi there! I’m Narek, and I’ve been in the investment world for over six years. I started out as an equity analyst at European banks, digging into reports and learning how to spot value in the markets. I’ve worked across sectors — from telecom to industry — ...
CALM's Gross Margin Surges on Favorable Feed Costs: Is It Sustainable?
ZACKS· 2025-06-18 17:11
Key Takeaways CALM's Q3 gross margin jumped to 50.5%, up 1,940 bps, on stronger egg pricing and lower feed costs. Farm production costs per dozen fell 5.7% year over year due to cheaper corn and soybean meal prices. CALM cut costs further with feed-related acquisitions to streamline production and reduce logistics.Cal-Maine Foods, Inc. (CALM) delivered a standout performance in the third quarter of fiscal 2025, with gross profit surging more than threefold year over year to $716 million. This translated t ...
MercadoLibre Outperforms Industry YTD: Buy, Sell or Hold the Stock?
ZACKS· 2025-06-18 17:11
Key Takeaways MELI stock is up 40% YTD, outpacing its sector and industry on e-commerce and fintech growth. MELI's fintech growth is driven by user engagement, low service costs and attractive deposit yields. Margin pressure in Brazil and Mexico and a high valuation weigh against MELI's strong top-line growth.MercadoLibre (MELI) shares have returned 40% in the year-to-date (YTD) period, outperforming the Zacks Retail-Wholesale sector and the Zacks Internet-Commerce industry’s growth of 3.2% and 5%, respec ...
Saia Recognizes Employees for Exceptional Commitment to Safety
Globenewswire· 2025-06-18 17:11
Nearly 8,000 team members were honored, representing over 55,000 combined years of safety excellenceJOHNS CREEK, Ga., June 18, 2025 (GLOBE NEWSWIRE) -- Saia Inc. (NASDAQ: SAIA) is proud to announce that nearly 8,000 Saia dockworkers, mechanics, city drivers, and line drivers were recently recognized for achieving a major safety milestone, reflecting the company’s steadfast dedication to fostering a safe and responsible work environment. Safe Work Award: Honoring Dockworkers and MechanicsNearly 2,400 dockwor ...
Music Licensing, Inc. Announces Entry of Final Default Judgment Totaling $187,624.95 USD Plus Interest
Globenewswire· 2025-06-18 17:09
NAPLES, FL, June 18, 2025 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, announces the entry of a Final Default Judgment in its favor in the amount of $187,624.95 USD, as reflected in a recent court filing in Collier County, Florida. This judgment accrues interest at a rate of 9.15% per annum until paid in full, as mandated by applicable law. The judgment reflects Music Licensing, Inc.’s continued commitment to enforcing its legal rights and protecting the value of ...