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StoneX Group Inc. Announces Pricing of $625.0 Million of Senior Secured Notes due 2032
Globenewswire· 2025-06-23 20:52
Core Viewpoint - StoneX Group Inc. announced the pricing of a $625 million offering of 6.875% Senior Secured Notes due 2032, intended to fund the acquisition of R.J. O'Brien [1][2] Group 1: Offering Details - The offering consists of $625 million in aggregate principal amount of 6.875% Senior Secured Notes due 2032, to be issued by StoneX Escrow Issuer LLC [1] - The offering is targeted at qualified institutional buyers under Rule 144A and certain persons outside the U.S. under Regulation S [1] - The expected closing date for the offering is around July 8, 2025, subject to customary closing conditions [1] Group 2: Use of Proceeds - The gross proceeds from the offering will be deposited into a segregated escrow account until certain conditions are met [2] - Upon the closing of the proposed acquisition of R.J. O'Brien, the proceeds will be used to pay the purchase price and related fees, costs, and expenses [2] Group 3: Security and Guarantees - Until the completion of the Merger, the Notes will be secured only by a senior secured first priority lien on the Escrowed Proceeds [3] - After the Merger, the Notes will be fully guaranteed on a senior secured second lien basis by the Company's existing and future subsidiaries [3] - The Notes are expected to pay interest semi-annually at a rate of 6.875% per annum [3] Group 4: Company Overview - StoneX Group Inc. operates a global financial services network, connecting clients to the market ecosystem through digital platforms and execution services [7] - The company is headquartered in New York City, listed on the Nasdaq Global Select Market, and serves over 54,000 clients globally [7]
Alset Inc. Announces Stock Repurchase Program
Globenewswire· 2025-06-23 20:15
BETHESDA, MD, June 23, 2025 (GLOBE NEWSWIRE) -- Alset Inc. (NASDAQ:AEI) ("AEI" or the "Company"), a diversified holding company principally engaged through its subsidiaries in the development of smart and sustainable home communities and other property development, financial services, digital transformation technologies, biohealth activities and consumer products, is pleased to announce that its Board of Directors has authorized a new stock repurchase program of up to $1,000,000 of the Company’s outstanding ...
Best Value Stocks to Buy for June 23rd
ZACKS· 2025-06-23 14:06
Core Insights - Three stocks with strong value characteristics and a Zacks Rank of 1 (Strong Buy) are highlighted for investors: Virco Manufacturing, Popular, and Allison Transmission Holdings [1][3][4]. Company Summaries - **Virco Manufacturing (VIRC)**: - Designs, produces, and distributes quality furniture for contract and education markets globally - Zacks Consensus Estimate for current year earnings increased by 26.6% over the last 60 days - Price-to-earnings ratio (P/E) is 7.94, significantly lower than the industry average of 14.80 - Holds a Value Score of A [1][2]. - **Popular (BPOP)**: - Full-service financial services provider offering a comprehensive suite of banking and financial services - Zacks Consensus Estimate for current year earnings increased by 5% over the last 60 days - Price-to-earnings ratio (P/E) is 9.91, compared to the industry average of 10.50 - Holds a Value Score of A [3][4]. - **Allison Transmission Holdings (ALSN)**: - Manufacturer of fully-automatic transmissions for medium and heavy-duty commercial and defense vehicles - Zacks Consensus Estimate for current year earnings increased by 6.5% over the last 60 days - Price-to-earnings ratio (P/E) is 10.28, compared to the industry average of 54.90 - Holds a Value Score of A [4][5].
Recent Price Trend in Shinhan Financial (SHG) is Your Friend, Here's Why
ZACKS· 2025-06-23 13:51
Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- ...
StoneX Group Inc. Announces Private Offering of $625.0 Million of Senior Secured Notes due 2032
Globenewswire· 2025-06-23 12:56
NEW YORK, June 23, 2025 (GLOBE NEWSWIRE) -- StoneX Group Inc. (the “Company” or “StoneX”; NASDAQ: SNEX), today announced an offering, subject to market conditions and other factors, $625.0 million in aggregate principal amount of Senior Secured Notes due 2032 (the “Notes”) to be issued by its wholly-owned subsidiary, StoneX Escrow Issuer LLC. The Notes and the related Note guarantees will be offered in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 14 ...
瑞达期货国债期货日报-20250623
Rui Da Qi Huo· 2025-06-23 12:05
本报告中的信息均来源于公开可获得资料,瑞达期货股份有限公司力求准确可靠,但对这些信息的准确性及完 整性不做任何保证,据此投资,责任自负。本报告不构成个人投资建议,客户应考虑本报告中的任何意见或建议是否 符合其特定状况。本报告版权仅为我公司所有,未经书面许可,任何机构和个人不得以任何形式翻版、复制和发布。 如引用、刊发,需注明出处为瑞达期货股份有限公司研究院,且不得对本报告进行有悖原意的引用、删节和修改。 端在期货 国债期货日报 2025/6/23 | 项目类别 | 数据指标 | 最新 | 环比 项目 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货盘面 | T主力收盘价 | 109.155 | -0.01% T主力成交量 | 49489 | -425↓ | | | TF主力收盘价 | 106.275 | 0% TF主力成交量 | 47714 | 179↑ | | | TS主力收盘价 | 102.530 | -0.01% TS主力成交量 | 26683 | -1470↓ | | | TL主力收盘价 | 121.290 | -0.04% TL主力成交量 ...
中油资本总资产连续三年超1万亿 拟6.55亿投资可控核聚变项目
Chang Jiang Shang Bao· 2025-06-23 00:50
Core Viewpoint - China Oil Capital (中油资本) is actively integrating support for the national "dual carbon" goals into its business layout and daily management, with recent investments aimed at strategic emerging industries, particularly in controllable nuclear fusion projects [1][8]. Financial Performance - As of the end of 2024, China Oil Capital's total assets reached 1,084.172 billion yuan, a 1.01% increase from the beginning of the year, maintaining a scale above one trillion yuan for three consecutive years [2][5]. - The company achieved an annual operating revenue of 39.024 billion yuan, reflecting a year-on-year growth of 0.08%, and a net profit of 9.9 billion yuan [1][5]. Investment Activities - The company plans to invest 655 million yuan in Kunlun Capital, a subsidiary, to support the controllable nuclear fusion project, maintaining its 20% ownership stake post-investment [3][4]. - The investment is part of a broader strategy to optimize business layout and explore growth opportunities in the energy and chemical industries [4]. Business Segments - By the end of 2024, the banking business of China Oil Capital had total assets of 455.56 billion yuan, a 5.84% increase, with an operating revenue of 16.74 billion yuan and a net profit of 1.705 billion yuan [7]. - The financial company segment reported total assets of 515.73 billion yuan, with an operating revenue of 16.335 billion yuan and a net profit of 6.04 billion yuan [7]. - The financial leasing business achieved a total asset of 72.617 billion yuan, with an operating revenue of 2.842 billion yuan and a net profit of 733 million yuan [7]. Green Finance Initiatives - China Oil Capital's green finance scale exceeded 100 billion yuan in 2024, with various business segments actively promoting green financial products [9]. - The company established green credit channels and prioritized green credit clients, with a total green credit balance exceeding 60.3 billion yuan [9].
2 Stocks Down 77% and 19% to Buy Right Now
The Motley Fool· 2025-06-22 08:40
Market Overview - The broader market has experienced a strong rally, with the S&P 500 delivering a total return of 10.5% over the last 12 months, driven by indications of moderating inflation and hopes for lower interest rates [1] Financial Sector Outlook - The outlook for financial companies is heavily influenced by macroeconomic conditions and the Federal Reserve's interest rate policy [2] PayPal Analysis - PayPal's stock is down approximately 17% year to date and 77% from its all-time high in 2021, despite solid gains in the broader financial sector [4] - The company maintains a strong position in the payments and financial services industry, with few competitors matching its financial foundations and operational track record [5] - PayPal's total revenue increased by 1% year over year to $7.8 billion, while total payment volume rose by 3% annually to $417.2 billion [6] - Non-GAAP earnings per share increased by 23% year over year to $1.33, with the company holding $15.8 billion in cash against $12.6 billion in debt after returning $1.5 billion to shareholders through stock buybacks [7] - PayPal stock is currently trading at 13.5 times this year's expected earnings, with potential for a more favorable operating environment if the Fed cuts interest rates [8] - The stock is viewed as an attractive investment opportunity in the financial sector due to its solid business foundations and encouraging performance [9] Prudential Financial Analysis - Prudential Financial is positioned to benefit from a potential increase in long-term interest rates, which could lead to higher yields on future bond purchases [13] - The stock is currently down 19% from its lifetime high, and higher interest rates may lower the value of its current bonds but increase the discount rate on its liabilities [13] - Prudential Financial offers a 5.1% dividend yield, making it a useful addition for portfolio insurance [14]
Stifel Welcomes Olympic Gold Medal Cyclist Kristen Faulkner as Newest Brand Ambassador
Globenewswire· 2025-06-20 18:49
ST. LOUIS, June 20, 2025 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) announced today the signing of Olympic gold medalist Kristen Faulkner as the firm’s newest brand ambassador. Faulkner made history at the 2024 Paris Olympics by winning gold in both the women’s individual road race and the women’s track cycling team pursuit. She brings extraordinary drive, determination, and a compelling personal story to Stifel, perfectly aligning with the firm known as a place “Where Success Meets Success.” Bef ...
中信金融资产黑龙江分公司举办精选资产推介大会
Sou Hu Cai Jing· 2025-06-20 14:16
Group 1 - The conference titled "CITIC Financial Asset Heilongjiang Branch Financial Service Cooperation Initiative and Selected Asset Promotion Conference" was held in Harbin, aiming to promote local financial innovation and deepen the integration of financial institutions with the local economy [1][3] - CITIC Financial Asset Heilongjiang Branch focuses on providing a comprehensive range of financial services, including non-performing asset acquisition and corporate relief, to various financial institutions, listed companies, state-owned enterprises, and SMEs in the province [3][5] - The promotion event showcased core products and selected assets from CITIC Financial Asset, covering categories such as residential properties, large industrial plants, large commercial complexes, and land, providing detailed information to attendees [5] Group 2 - The initiative aims to attract strong investors to explore the value of special assets and contribute to the industrial upgrade and high-quality development of Northeast China [3] - The event highlighted quality asset projects from Heilongjiang, Dalian, Jilin, and Liaoning, emphasizing the potential value of assets in the Northeast region [5]