Jenny has a move to tell you about. Star Bulk Carriers. You sold it.Yes. Why'd you do that. Oh my gosh.This was such a home run of an investment. So, we bought it in 2021 and we bought it around like 18 and change initially. We just sold it around 19 and change in like at the exit price.But here's the awesome part on this. We actually had 117% total return in those four years because they were paying out huge huge huge dividends. So when we bought it, um, dry bulk shipping rates were high and the inventory ...

Group 1: Tariff Implications - A new set of tariffs will take effect on October 1st, including a 100% tariff on some imported drugs, 50% on kitchen cabinets, 30% on upholstered furniture, and 25% on big trucks [1] - The pharmaceutical industry may benefit from a loophole allowing companies that invest in U.S. manufacturing to avoid the tariffs [6][10] - The impact of the tariffs on the furniture industry is significant, particularly for companies relying on foreign imports, while U.S.-based manufacturers may see stock gains [11][20] Group 2: Market Reactions - Stock reactions have been mixed across affected industries, with pharmaceutical companies like Eli Lilly and Johnson & Johnson seeing stock increases due to U.S. manufacturing investments [10] - Companies like Restoration Hardware and Wayfair are under pressure due to their reliance on foreign sourcing, while U.S.-based Ethan Allen is experiencing stock gains [11][12] - Overall, stock futures are up, indicating a different market reaction compared to past tariff announcements [13] Group 3: Economic Context - The tariffs are part of President Trump's broader strategy to bring manufacturing back to the U.S., which is politically significant, especially in key states like North Carolina [8][21] - The effectiveness of tariffs as a policy tool is debated, with concerns about labor shortages in manufacturing complicating the return of jobs to the U.S. [22][23] - The pharmaceutical tariffs specifically target branded drugs, which account for a smaller market share compared to generic drugs, potentially limiting their overall impact [16][17]

The tariff war isn't over just yet. October 1st, a slew of new tariffs will take effect, including a 100% tariff on some imported drugs, 50% on kitchen cabinets, 30% on upholstered furniture, and 25% on big trucks. On top of that, the Wall Street Journal reporting that President Trump plans to mandate a onetoone policy for chip makers to manufacture as many chips in the US as they do overseas or face hefty tariffs.Here to break it all down, Sam Stovall, CFR research chief investment strategist and Yahoo Fin ...

Welcome to Yahoo Finance flagship show, The Morning Brief. I'm Julie Heyman. Let's get the three things you need to know today.President Trump following through on his threats to slap tariffs on heavy trucks, furniture, and pharmaceuticals. For homegoods, two different tariff rates will go into effect next week. A 50% rate on items like kitchen cabinets, and a lower 30% rate on upholstered furniture.The news weighing on furniture companies this morning. But there's a big loophole for the drug makers. As lon ...

Company Overview - La-Z-Boy Inc., a Michigan-based furniture manufacturer, is expanding following a recent acquisition in the southeast, which is expected to close in October [7] - The company reported a mixed fiscal first quarter 2026, with total sales declining 1% year-over-year to $492 million, driven by a 5% increase in retail sales but only a 1% improvement in wholesale sales [4][5] Financial Performance - Adjusted operating margin narrowed to 4.8% from 6.6% a year prior, and adjusted earnings per share dropped 24% to $0.47, below the $0.53 analyst consensus [5] - Cash flow from operations totaled $36 million, with $22 million returned to shareholders through dividends and buybacks [5] Market Position and Strategy - La-Z-Boy's retail division consists of nearly 210 company-owned stores and is part of a broader network of nearly 370 stores, including Joybird, which has 14 stores in the U.S. [6] - The company is balancing optimism in long-term industry fundamentals with a pragmatic approach to current consumer demand, as stated by CEO Melinda Whittington [9] Industry Context - The Trump administration has launched an investigation into imported furniture, potentially leading to new tariffs, which may not significantly impact La-Z-Boy due to its U.S.-based manufacturing [10][11] - The U.S. furniture industry is facing challenges, with companies like Wayfair experiencing weakened demand for big-ticket items amid a slower housing market [12]

some uh a peak into what's coming. Good to see you, John. Welcome back.I was just, you know, me, I'm always looking for thematics and there are some there's a financial theme here, there's some industrials. What What strikes you as interesting. No, I think you hit on two of the really big ones.There are three names in here that I think really benefit from all of this retail activity. Uh IBKR, Alex Blowstein covers that one as well as Schwab. and the retail activity.While they may not have been buying intens ...