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].

Core Viewpoint - Calumet, Inc. has successfully completed the sale of its industrial assets related to the Royal Purple® business for $110 million in cash, aiming to reduce debt and streamline operations [1][4]. Group 1: Sale Details - The sold assets include Royal Purple's high-performance synthetic industrial product line, which encompasses industrial gear lubricants, bio-environmental lubricants, stationary natural gas engine oils, hydraulic lubricants, and compressor oils, along with an exclusive license for industrial applications [2]. - In the year ending December 31, 2024, the industrial segment of the Royal Purple® business generated approximately $29 million in total sales [2]. Group 2: Retained Assets - Calumet retains ownership of the Porter, Texas manufacturing site and the consumer segment of the Royal Purple® business, which serves various automotive product applications through a multi-channel strategy [3]. - Key brands within the consumer segment include High Performance Motor Oil, HPS®, HMX®, Max EZ®, Max Gear®, Max-Clean®, XPR®, and Duralec Super™ [3]. Group 3: Financial Strategy - The proceeds from the asset sale will primarily be used to pay down debt, indicating a strategic move towards financial stability [4]. - The company has also terminated its at-the-market equity offering program, which was announced in January 2025 but was never utilized [4].

If you’re paid biweekly, there are a couple of months throughout the year when you’ll receive a third paycheck. How? There are 52 weeks in a year, and 26 pay periods if you’re paid every two weeks. Most months have four weeks, so typically, you receive two paychecks in a month. But because 26 paychecks spread over 12 months don’t divide evenly, there are usually two months each year where you receive an extra (third) paycheck. When are the 3-paycheck months for 2026? Where your three-paycheck months f ...

Saving money takes time and discipline — and it can be a challenge if you face competing financial obligations or unexpected costs. Your ability to save can also be impacted by external factors, including the rising cost of living and high interest rates on debt. The personal saving rate was 4.8% as of the third quarter of 2025. And with many Americans continuing to bear the brunt of inflation and higher costs, saving money could prove to be more challenging than it was just a few years ago. The good new ...