[Music] Let's go inside out now on Boeing. Shares are up 25% this year and nearly 40% over the last 12 months. Joining us now very pleased to send say is Ben Chakanos who is the aerospace director S&P global ratings.Thank you so much for your time Ben. So how are you looking at this company. I mean it just feels like time and time again we do say we hope that the worst is behind it and it does really feel like it right now.Yeah, I think they've they've had a few good months in terms of uh in terms of delive ...

Core Insights - TotalEnergies' attempt to sell a minority stake in a Nigerian onshore oil producer has been unsuccessful, as confirmed by Nigerian regulators, marking a setback for the company [1] Group 1 - The sale was part of TotalEnergies' strategy to divest from mature and polluting assets [1] - The failure of this sale impacts TotalEnergies' plans to reduce debt [1]

Core Insights - The article discusses the financial challenges faced by a couple, Katie and Brad, who earn a combined income of $170,000 but struggle with high living costs in San Francisco, leading to a monthly shortfall despite their income [4][5]. Financial Situation - Katie and Brad have approximately $50,000 saved for retirement but have halted regular contributions to their 401(k) due to debt concerns [3]. - Their monthly expenses include $2,500 in rent, childcare costs, and $30,000 in combined student loan and credit card debt, making it difficult to save for future goals [3][4]. Financial Goals - The couple aims to save for a down payment on a home and contribute at least 15% of their income to retirement accounts [2][4]. - They are advised to establish an emergency fund and prioritize debt repayment before focusing on retirement savings [5][12]. Recommended Strategies - The article suggests using Dave Ramsey's 7 Baby Steps approach, which includes paying off debt using the debt snowball method, saving for an emergency fund, and eventually investing in retirement accounts [1][10][12]. - Establishing a realistic budget is emphasized as a crucial first step to understand spending habits and allocate funds for savings and debt repayment [7][8]. Emergency Fund Guidelines - Financial experts recommend saving three to six months' worth of expenses for an emergency fund, with three months being a minimum for those with stable incomes [9][12]. - Once debts are cleared, the couple can redirect funds to enhance their emergency savings and retirement contributions [11].

Group 1 - The average American consumer holds $105,056 in debt as of Q3 2024, reflecting a 2.4% increase from the previous year [1] - A caller named Robert from Chicago reported being $1 million in debt, which includes a $462,000 mortgage, $96,000 in private student loans, and $42,000 in auto loans [2] - Robert's situation is exacerbated by personal loans he made to others, which have not been repaid, highlighting the risks associated with borrowing money to invest [2][3] Group 2 - The average mortgage for consumers is $252,505, with average student loans at $35,208 and auto loans at $24,297, indicating that Robert's debt levels are significantly higher than average [2] - Financial advisors are recommended for individuals in similar situations to help create a debt repayment plan without resorting to private loans [3]

Financial Situation - A single mother in Los Angeles earns $142,000 annually and is considering bankruptcy due to approximately $100,000 in credit card debt, a $4,800 mortgage, and a $125,000 home-equity line for a guesthouse [1] - Her monthly take-home pay is about $9,000, with over half allocated to her mortgage, which does not cover the $1,100 payment on her home-equity loan [2] - The property is valued at nearly $1 million, but she owes about $650,000, having initially put down only 3% and later refinancing, which increased her interest rate [3] Expert Advice - Co-host George Kamel suggests that the caller is focused on the wrong fear, emphasizing the urgency of her financial situation with a quarter-million dollars in debt [4] - Kamel recommends selling the property before considering bankruptcy, as this could eliminate her mortgage, credit card debt, home-equity line, and student loans, leaving her debt-free with cash [5] Rental Income Concerns - The caller hopes to generate $2,500 monthly from a newly built guesthouse once permits are approved, but expresses concerns about safety and potential squatters [6] - Kamel and co-host Jade Warshaw question the feasibility of this plan, noting that even with a net profit of $1,000 per month, it would take about 10 years to recoup the $125,000 spent on construction while still managing existing mortgage and loan payments [7]

Core Insights - Taking out loans for loved ones can lead to significant financial burdens if relationships end, as illustrated by Lily's situation [1][2] - Lily's loan of $35,000 at an 11.49% interest rate has left her solely responsible for the debt after her breakup [2][3] - Legal recourse for Lily is limited, with small claims court unlikely to provide a solution for the remaining balance [3] Financial Situation - Lily's ex-boyfriend has been making minimum payments of $951 per month, which is insufficient to pay down the loan quickly [2] - He has agreed to increase payments to $2,000 per month, but his weekly income of $1,000 makes it challenging for Lily to achieve her goal of repayment within a year [3][4] - Lily's take-home income ranges from $10,000 to $12,000 per month, allowing her to potentially pay off the loan in six months if she focuses on it [4] Recommendations - The hosts advised Lily to stop relying on her ex for repayment and to take control of her financial situation by paying off the loan herself [4] - Suggestions included pausing investments and getting a roommate to help with increased rent costs after the breakup [4][5]

Company Overview - Eastman Kodak is denying reports of shutting down operations and has stated it has "no plans to cease operations" or file for bankruptcy protection [2] - The company aims to "repay, extend, or refinance" its debt before the due date and expects to have a stronger balance sheet by early next year [2] Financial Situation - Kodak is facing ongoing financial challenges, with warnings in its earnings report about lacking "committed financing or available liquidity" to meet debt obligations due within 12 months [1] - The company plans to utilize $300 million in cash from its pension plan termination in December 2025 to address a significant portion of its $477 million in term debt [3] - After addressing the term debt, Kodak will focus on the remaining $177 million in debt and an additional $100 million in preferred stock outstanding [3] Historical Context - Kodak has a long history of financial struggles, particularly as digital technology has surpassed film sales [4] - The company previously filed for bankruptcy in 2012, highlighting its ongoing financial difficulties [4] - Despite challenges, there is a noted resurgence in interest from some Gen Z users in older technologies, such as compact cameras and dumb phones, driven by nostalgia [4]

Core Insights - StealthGas Inc. reported strong profitability in Q1 2025 with a net income of $14.1 million and a basic EPS of $0.38, slightly down from $17.7 million and $0.49 in Q1 2024 [4][12] - Time Charter equivalent revenues decreased by 4.6% year-over-year to $36.9 million due to a muted market [4] - The company has secured approximately 70% of fleet days for 2025 under period charters, generating over $165 million in contracted revenues [4][7] Financial Performance - Revenues for Q1 2025 were $42.0 million, compared to $41.6 million in Q1 2024, attributed to an increase in the average number of vessels owned [4][29] - Voyage expenses increased to $5.1 million from $2.9 million in the previous year, primarily due to higher port and bunker costs [4] - Operating expenses for vessels rose to $13.5 million from $11.5 million, driven by increased crew and maintenance costs [4] Debt Management and Share Repurchase - The company made $34.4 million in debt repayments during Q1 2025 and an additional $19.2 million in the current quarter, with most vessels in the fleet unencumbered [4][10] - StealthGas has spent $1.8 million on share repurchases since March 2025, totaling over $21.2 million since June 2023 [4][10] Fleet and Operational Updates - As of June 2025, the company has a total of 31 LPG carriers, with a total capacity of 349,170 cubic meters [15] - The company is in the process of selling the vessel Gas Cerberus, which is expected to enhance liquidity [8] - An agreement is in principle to purchase the remaining 49.9% share in two vessels from a joint venture partner, expected to consolidate these vessels into the fully owned fleet [9] Market Outlook - The company anticipates normalization of trade flows and improvement in sentiment as LPG shipping fundamentals remain positive despite market uncertainties [10]

Core Viewpoint - Vermilion Energy Inc. has entered into a definitive agreement to sell its Saskatchewan and Manitoba assets for cash proceeds of $415 million, aimed at debt repayment and strengthening its balance sheet [1][2]. Financial Summary - The net proceeds from the transaction will be used for debt repayment, with an expected net debt of $1.5 billion by the end of 2025, resulting in a trailing net debt to FFO ratio of 1.4 times [2][7]. - The assets being sold currently produce approximately 10,500 boe/d, with 86% being oil and liquids, and are forecasted to generate about $110 million in annual net operating income at current commodity prices [3][4]. - The transaction is expected to close in Q3 2025, subject to regulatory approvals [3]. Production and Capital Expenditure - Assuming a mid-Q3 2025 close, Vermilion anticipates full-year 2025 production to average between 120,000 to 125,000 boe/d, with capital expenditures projected between $680 to $710 million, reflecting a reduction of approximately $50 million due to the divested assets [4][5]. - The company will prioritize free cash flow over production growth during 2025 and 2026 amid increased market volatility [4]. Strategic Direction - The transaction is part of Vermilion's strategic plan to enhance its asset portfolio, focusing on long-duration, scalable assets with high return on capital opportunities [5]. - The company aims to strengthen its balance sheet and provide more capital allocation flexibility for its core Canadian and European assets [5][8]. Operational Insights - Vermilion emphasizes health and safety, environmental protection, and profitability as its top priorities [10]. - The company operates in North America, Europe, and Australia, focusing on the exploitation of light oil and liquids-rich natural gas [9].

Core Viewpoint - Casino Group has successfully repaid €56.0 million of secured debt related to its subsidiary Quatrim, reducing the nominal amount of Quatrim secured bonds to €221 million [2][3]. Group 1: Debt Repayment Details - The repayment on April 24, 2025, included €55.8 million of principal and €0.2 million of accrued interest [2]. - Since the beginning of 2025, the total payments made to holders of Quatrim secured debt amount to €99 million, which includes previous payments of €30 million on February 18 and €12.9 million on April 7 [3]. - Additionally, €5.1 million in PIK interest was capitalized on April 7, 2025 [3]. Group 2: Financing Sources - The various payments were financed through disposals executed during Q4 2024 and Q1 2025, including proceeds from transactions with Groupement Les Mousquetaires and Icade [4].