Rad Power Bikes files for bankruptcy and is looking to sell the business
Yahoo Finance· 2025-12-17 17:28
Electric bike company Rad Power Bikes filed for Chapter 11 bankruptcy protection on Monday, weeks after it warned employees that it could shut down without new funding. The company will continue to operate while the bankruptcy case proceeds, and it’s looking to sell the business within 45-60 days, a spokesperson told TechCrunch. “This step allows us to keep operating in the ordinary course of business while we pursue the best possible outcome for the people who rely on Rad every day,” they said in a st ...
Jim Cramer on Broadcom (AVGO): “I Like It”
Yahoo Finance· 2025-12-17 17:28
Broadcom Inc. (NASDAQ:AVGO) is one of the stocks that Jim Cramer shared his take on. Cramer called the stock a “battleship” during the episode, as he said: “Look, I believe in the growth of the data centre. I think we’ll look back on the stock of Broadcom, down over 11% today, and say, wow, I waited a couple days after its hideous decline, and I found out that insiders bought it and orders are flying in. I like to buy this kind of stock, not in free fall, which it is right now, but usually a couple days a ...
Even more rumors about Spirit Airlines' future have now surfaced
Yahoo Finance· 2025-12-17 17:28
After a weekend of circulating rumors about an imminent shutdown, Spirit Airlines shut them down with the announcement that it secured $100 million short-term debtor-in-possession financing that it can put toward sustaining operations. Half is available immediately, while the other half is contingent on making progress toward a meaningful restructuring after the airline filed two bankruptcies within nine months of each other. "$50 million (minus OID) is useable by Spirit immediately and the use of the r ...
Should You Buy Western Union For Its 9.8% Yield? (NYSE:WU)
Seeking Alpha· 2025-12-17 17:27
The Western Union Company ( WU ) offers a very high-dividend yield, but this is justified by the company’s business woes and poor fundamentals, being a yield trap in my opinion.Labutes IR is a Fund Manager/Analyst specialized in the financial sector, with more than 18 years of experience in the financial markets. I have worked at several type of institutions in the industry, always at the buy side and related to portfolio management. Associated with the existing author The Outsider.Analyst’s Disclosure:I/we ...
Kinder Morgan Highlights Natural Gas Tailwinds for Investors
Etftrends· 2025-12-17 17:16
For the latest updates on the energy infrastructure space as well as a look ahead, don't miss our next webcast "What's in the Pipeline for MLPs/Midstream in 2026?†on Wednesday, January 14, 2026 at 2:00 pm ET. Follow the link here to register. For more news, information, and analysis, visit the Energy Infrastructure Content Hub. The energy infrastructure company expects to generate nearly $8.7 billion in adjusted EBITDA for 2026, a 4% increase over its 2025 guidance. This projection underscores the durabilit ...
Should You Buy Western Union For Its 9.8% Yield?
Seeking Alpha· 2025-12-17 17:27
The Western Union Company ( WU ) offers a very high-dividend yield, but this is justified by the company’s business woes and poor fundamentals, being a yield trap in my opinion.Labutes IR is a Fund Manager/Analyst specialized in the financial sector, with more than 18 years of experience in the financial markets. I have worked at several type of institutions in the industry, always at the buy side and related to portfolio management. Associated with the existing author The Outsider.Analyst’s Disclosure:I/we ...
Telefonica to delist ADSs from NYSE over cost, administrative burdens
Reuters· 2025-12-17 17:27
Spanish telecoms giant Telefonica said on Wednesday it would delist its American Depositary Shares (ADS) from the New York Stock Exchange, citing the administrative burden and cost of keeping them lis... ...
Tempus AI Turns Non-GAAP Profit on Surging Genomics and Data
ZACKS· 2025-12-17 17:26
Key Takeaways Tempus AI delivered its first positive adjusted EBITDA as revenue jumped 84.7% to $334.2 million.Genomics revenue more than doubled, led by oncology and hereditary testing with 217,000 clinical tests run.TEM sees 2025 revenue of $1.265B and expects $20M adjusted EBITDA in Q4 on pricing and scale benefits.Tempus AI (TEM) reported non-GAAP profit in the third quarter of 2025 as genomics testing and data services gained momentum. The stock carries a Zacks Rank #3 (Hold) with a VGM Score of D. It ...
BASFY to Divest Optical Brightening Agent Business to Catexel
ZACKS· 2025-12-17 17:26
Key Takeaways BASFY signed a deal to divest its optical brightening agent business as part of its Winning Ways strategy. The sale includes the Monthey, Switzerland facility and about 80 employees, with financial terms undisclosed. Catexel will integrate the business into its specialty chemicals portfolio, with closing expected in Q1 2026.BASF SE (BASFY) has signed a definitive agreement to divest its optical brightening agent business to Catexel, aligning with the company’s ongoing portfolio transformation ...
Tax firm Andersen valued at $2.3 billion as shares surges in NYSE debut
Reuters· 2025-12-17 17:26
Andersen Group's shares jumped about 31% in their debut on the NYSE on Wednesday, valuing the tax advisory firm at $2.3 billion, as investors bet on the brand long-associated with audit quality outwei... ...