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X @Forbes
Forbes· 2025-07-05 02:00
WATCH: How Comedian Roy Wood Jr. Is Navigating Baseball And Show Business https://t.co/gXlaT790Ei https://t.co/gXlaT790Ei ...
福田新引进1039家外资企业
南方财经记者 李金萍 深圳报道 从行业类别看,新落地外资企业主要分布在批发和零售业、租赁和商务服务业和科学研究和技术服务 业,三者占新设外资企业数量的七成以上。其中科学研究和技术服务业增速最快,增长超过60%。 福田正在通过外商服务站、联动10个街道服务分站点与N个外资总部楼宇,围绕金融、科技、总部经济 等外资企业集聚区,吸引和服务外资企业。 目前,福田已建成6个街道外商服务点,今年将实现10个街道全覆盖;上半年,外商服务站累计解决咨 询 128 件,服务超 50 家外资企业。 伦敦发展促进署华南副总裁黎喻(Lesley Li)表示,福田区的服务效率与产业生态令人印象深刻,考察 调研活动将纳入其全球推广案例,助力深圳打造国际金融科技中心。 数据显示,福田拥有外资企业已达1.75万家,5家企业申报为第九批深圳市级跨国公司总部认定企业, 居深圳市首位。 福田外商服务站相关工作人员告诉南方财经记者,新设外资企业在深圳投资更关注政策匹配度、跨境便 利性、产业空间适配等内容。 深圳引进外资企业又有了新动向。 7月4日,记者从深圳市福田区获悉,今年1—5月,该区新设外资企业1039家,同比增长28.91%,占深 圳市新设 ...
Prospect Capital (PSEC) Earnings Call Presentation
2025-07-04 12:42
Company Overview - Prospect Capital Corporation (PSEC) has total assets of $7.0 billion[7,10] - PSEC has invested over $21 billion since inception across over 450 investments, exiting over 325 of these investments[7,10] - Insider ownership is strong at 29%, representing approximately $0.9 billion of net asset value[8] Portfolio Composition - 80.2% of the portfolio is comprised of first lien, secured, or underlying secured assets[7] - Non-accrual loans remain low at 0.6%[7] - The portfolio includes 114 investments across 33 industries[7,10] - Real Estate accounts for 19.9% of the portfolio at fair value[24] Financial Performance & Funding - Net debt leverage is low at 0.41x[8,36] - Net investment income less preferred dividends exceeded cash common distributions by 103% for LTM March 2025[8] - 93% of total investment income for Q3 FY 2025 is from interest income[8,22] - Unencumbered assets are approximately $4.4 billion, representing 63% of total assets[10,33]
Buy 2 AI-Powered Technology Services Stocks to Tap Lucrative Upside
ZACKS· 2025-07-04 12:36
Industry Overview - The technology services industry is mature, with demand for services in good shape, and revenues, income, and cash flows are expected to gradually return to pre-pandemic levels, enabling stable dividends for most players [1] - The global shift toward digitization is creating opportunities in markets such as 5G, blockchain, and AI, with companies adopting generative AI, machine learning, and data science to gain competitive advantages [4] - The business software industry is benefiting from strong demand for multi-cloud-enabled software solutions as companies transition from legacy platforms to modern cloud-based infrastructure [4] Company Highlights AppLovin Corp. (APP) - AppLovin is a software-based platform for mobile app developers, enhancing marketing and monetization of apps [6] - The introduction of AI-powered AXON 2.0 technology and strategic expansion in gaming studios have significantly boosted revenue growth [7] - AppLovin's expected revenue and earnings growth rates for the current year are 16% and 84.8%, respectively, with a Zacks Consensus Estimate for current-year earnings improving by 0.1% in the last seven days [8] - The average short-term price target for AppLovin shares indicates a potential increase of 37% from the last closing price of $341.64, with a maximum upside of 90.3% [8] Duolingo Inc. (DUOL) - Duolingo operates as a mobile learning platform offering courses in 40 different languages and provides a digital language proficiency assessment exam [10] - The company utilizes AI applications to personalize and automate the learning process, with tools like Birdbrain analyzing real-time user performance [11] - Duolingo's expected revenue and earnings growth rates for the current year are 33.5% and 54.3%, respectively, with the Zacks Consensus Estimate for current-year earnings improving by 2.1% over the last 60 days [12] - The average short-term price target for Duolingo shares indicates a potential increase of 24% from the last closing price of $391.86, with a maximum upside of 53.1% [12]
X @Bloomberg
Bloomberg· 2025-07-04 11:20
FineToday Holdings is considering reviving plans for an IPO in Tokyo, sources say, after the Japanese personal-care business canceled a previous attempt last year https://t.co/9G2yBqJwzE ...
PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Third Fiscal Quarter 2025 Results
Globenewswire· 2025-07-03 20:05
Core Points - PennantPark Floating Rate Capital Ltd. will report its financial results for the third fiscal quarter ended June 30, 2025, on August 11, 2025, after market close [1] - A conference call to discuss the financial results will be held on August 12, 2025, at 9:00 a.m. Eastern Time, with access details provided for participants [2] Company Overview - PennantPark Floating Rate Capital Ltd. is a business development company that primarily invests in U.S. middle-market private companies through floating rate senior secured loans, including first lien secured debt, second lien secured debt, and subordinated debt [3] - The company may also engage in equity investments occasionally [3] - The company is managed by PennantPark Investment Advisers, LLC, which oversees approximately $10 billion of investable capital [4] - PennantPark Investment Advisers, LLC has been operational since 2007, providing a range of financing solutions to middle-market borrowers [4]
HNI (HNI) Is Up 6.94% in One Week: What You Should Know
ZACKS· 2025-07-03 17:06
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: HNI - HNI currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating a favorable outlook for the stock [3][4] - The company is a manufacturer of office furniture and fireplaces, and its performance is being evaluated for potential investment opportunities [4] Price Performance - HNI shares have increased by 6.94% over the past week, outperforming the Zacks Business - Office Products industry, which rose by 2.54% during the same period [6] - Over the last month, HNI's stock price has changed by 10.14%, compared to the industry's 8.2% [6] - In the longer term, HNI shares have gained 19.59% over the past quarter and 15.27% over the last year, while the S&P 500 has increased by 10.24% and 14.41%, respectively [7] Trading Volume - HNI's average 20-day trading volume is 305,784 shares, which serves as a baseline for price-to-volume analysis [8] Earnings Outlook - In the past two months, one earnings estimate for HNI has been revised upward, while none have been revised downward, leading to an increase in the consensus estimate from $3.26 to $3.50 [10] - For the next fiscal year, one estimate has also moved upwards with no downward revisions [10] Conclusion - Considering the positive price trends and earnings outlook, HNI is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [11][12]
Bunge & Viterra Close Merger, Form Global Agribusiness Powerhouse
ZACKS· 2025-07-03 16:31
Core Insights - Bunge Global SA has successfully completed its merger with Viterra Limited, creating a global agribusiness company aimed at meeting market demands and enhancing value for farmers and customers worldwide [1][8] Merger Details - The merger was announced in June 2023 and received unanimous approval from both companies' boards. Bunge's shareholders approved the merger in October 2023, including the issuance of 65,611,831 common shares [2] - The merger faced regulatory challenges and competition concerns, leading to delays in the process [2] Operational Enhancements - The merged entity will have a diversified agriculture network covering all major crops, enhancing geographical balance and adaptability in global value chains [3] - The combination is expected to improve operational efficiency and innovation capabilities, addressing food security, market access for farmers, and sustainable production [4] Financial Synergies - The merger is projected to generate $250 million in annual gross pre-tax operational synergies within the first three years and is expected to be accretive to Bunge's adjusted earnings per share in the first full year post-closing [6][8] Stock Performance - Bunge's stock has declined by 23.1% over the past year, compared to a 9.6% decline in the industry [7]
Are Business Services Stocks Lagging Green Dot (GDOT) This Year?
ZACKS· 2025-07-03 14:41
Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Has Green Dot (GDOT) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question.Green Dot is a member of the Business Services sector. This group includes 260 individual stocks and currently holds a Zacks Sector Rank of #1. The Zacks Sector Rank includes 16 ...
Brookfield Business Partners Announces Sale of Assets to Seed New Evergreen Private Equity Strategy
Globenewswire· 2025-07-03 10:45
Core Viewpoint - Brookfield Business Partners has agreed to sell portions of its interests in three businesses to a new evergreen private equity strategy managed by Brookfield Asset Management, which targets high-net-worth investors [1][2]. Transaction Details - The transaction involves selling approximately 12% of DexKo, 7% of CDK Global, and 5% of BrandSafway to the New Fund [2]. - Brookfield Business Partners will receive units of the New Fund valued at approximately $690 million, reflecting an 8.6% discount to the net asset value (NAV) of the interests sold [3]. Financial Implications - The units are expected to be redeemed for cash at an 8.6% discount to NAV within 18 months after the initial closing of the New Fund [3]. - The transaction is anticipated to be accretive to the trading price of Brookfield Business Partners' units and shares, allowing for accelerated capital return and reinvestment in business growth [5]. Independent Review Process - An independent committee of directors reviewed the transaction, retaining external financial and legal advisors to ensure fairness [4][6]. - The independent financial advisor provided a fairness opinion, concluding that the transaction is fair from a financial perspective [7][8]. Strategic Benefits - The transaction provides the new private equity strategy with an immediate diversified seed portfolio prior to its launch [5]. - The transaction is exempt from formal valuation and minority shareholder approval requirements as it is less than 25% of the consolidated market capitalization of Brookfield Business Partners [10].