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Golden State Valkyries Partner With J Vineyards
Bloomberg Television· 2025-07-12 12:06
The WNBA, the latest to bite announcing a new partnership between the Golden State Valkyries and J Vineyards and Winery. We spoke earlier about that partnership with Women's Basketball Hall of Famer Sue Bird and the director, the estate director of J Vineyards, Nicole Hitchcock. For us at J Vineyards and Winery.We are female, founded, female led, and we really have this legacy of female leadership in the wine industry and even beyond. And so we found a like minded partner in the Golden State Valkyries who r ...
X @The Wall Street Journal
The Wall Street Journal· 2025-07-11 22:07
With the release of “Swag,” Justin Bieber’s fans and the music industry are rooting for him—and a song of summer. https://t.co/idPhFkZ1QR ...
X @The Wall Street Journal
The Wall Street Journal· 2025-07-11 20:48
With the release of “Swag,” Justin Bieber’s fans and the music industry are rooting for him—and a song of summer https://t.co/YEFB9b9jTm ...
Ares Capital (ARCC) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2025-07-10 22:51
Company Performance - Ares Capital (ARCC) closed at $22.78, reflecting a +1.15% change from the previous day's closing price, outperforming the S&P 500's daily gain of 0.28% [1] - Over the past month, Ares Capital's shares gained 0.4%, underperforming the Finance sector's gain of 2.79% and the S&P 500's gain of 4.37% [1] Upcoming Financial Results - Ares Capital is set to announce its earnings on July 29, 2025, with analysts expecting earnings of $0.51 per share, representing a year-over-year decline of 16.39% [2] - The consensus estimate for revenue is $746.71 million, indicating a 1.1% decrease compared to the same quarter of the previous year [2] Fiscal Year Estimates - For the entire fiscal year, Zacks Consensus Estimates predict earnings of $2.02 per share and revenue of $2.99 billion, reflecting changes of -13.3% and -0.09% respectively from the previous year [3] - Recent changes to analyst estimates for Ares Capital indicate the dynamic nature of near-term business trends, with positive revisions suggesting analyst optimism about profitability [3] Valuation Metrics - Ares Capital currently has a Forward P/E ratio of 11.14, which is a premium compared to the industry average Forward P/E of 8.9 [6] - The Financial - SBIC & Commercial Industry, part of the Finance sector, has a Zacks Industry Rank of 239, placing it in the bottom 4% of over 250 industries [6] Analyst Ratings - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates Ares Capital at 4 (Sell) [5] - Over the last 30 days, the Zacks Consensus EPS estimate has decreased by 0.42% [5]
Baker Hughes CEO Lorenzo Simonelli on oil volatility
CNBC Television· 2025-07-10 19:30
I think the mood is pragmatic. Obviously, there's short-term volatility. We all see that.However, when you look at the macro, longer term, and we'll see what the report says. I think the trend is toward energy demand continuing to increase, peak oil continuing to extend further into the 2030s and there really need being a need for the oil and gas industry and for production to increase over the long term. And so where there's short-term volatility, there's still a backdrop of long-term positive trends in th ...
Changes to bonus depreciation: Here's what taxpayers need to know
CNBC Television· 2025-07-10 12:28
The new tax law gives a big boost for private jets, allowing buyers to write off the entire purchase price immediately. Robert Joe was mentioning this earlier. It is known as bonus depreciation.It allows companies to write off 100% of the purchase price of all capital equipment and that does include private jets that are used for business. Now, the new budget law brings back bonus depreciation. That was originally passed in 2017, but it started to phase out.So, here's what it means. The full purchase price ...
Trump Says 50% Tariff on Copper Imports to Be Effective August 1
Bloomberg Television· 2025-07-10 05:53
MARTIN What is the point of a 50% tariff if producers, suppliers, users of copper can just front run and import it now before the 50% kicks in. Well, if you were to ask Donald Trump that question, I guess he would say he's answered it today in his social post that he wants to rebuild the American copper industry. The 50% tariff designed to encourage domestic investment is much higher, I think, than most people in the copper industry expected.And as you've alluded to, there's now a sort of scramble to get me ...
摩根士丹利:多行业北美-筛选第二季度利润率超预期标的,且普遍看涨
摩根· 2025-07-09 02:40
Exhibit 1: Which equities are positioned to deliver Q2 margin upside ? Chart below plots delta between forecasted Q2'25 sequential OM ramp and typical seasonality (bps) - a lower number represents an easier Q2 margin bar Source: Morgan Stanley Research, Visible Alpha As discussed (Driving Price), we think US Industrials are positioned to drive broad margin upside into Q2 w/ the group pushing tariff price to counter costs that have not yet materialized. To screen for equities w/ conservative Q2 margins, Exhi ...
Saratoga Investment (SAR) Q1 Earnings and Revenues Lag Estimates
ZACKS· 2025-07-08 22:16
Earnings Performance - Saratoga Investment reported quarterly earnings of $0.66 per share, missing the Zacks Consensus Estimate of $0.69 per share, and down from $1.05 per share a year ago, representing an earnings surprise of -4.35% [1] - The company posted revenues of $32.32 million for the quarter ended May 2025, missing the Zacks Consensus Estimate by 1.36%, and down from $38.68 million year-over-year [2] Market Performance - Saratoga Investment shares have increased approximately 6.4% since the beginning of the year, outperforming the S&P 500's gain of 5.9% [3] Future Outlook - The current consensus EPS estimate for the coming quarter is $0.73 on revenues of $33.12 million, and for the current fiscal year, it is $2.84 on revenues of $133.6 million [7] - The Zacks Industry Rank indicates that the Financial - SBIC & Commercial Industry is currently in the bottom 5% of over 250 Zacks industries, which may impact stock performance [8] Estimate Revisions - The estimate revisions trend for Saratoga Investment was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, suggesting it is expected to perform in line with the market in the near future [6]
Nothing Phone Aims to Be Used Less
Bloomberg Technology· 2025-07-08 20:44
Why do we need a smartphone that we use less. Smartphones used to be these tools that were supposed to make us more creative and more productive, just like the personal computer, right. It was a bicycle for the mind.But today on smartphones, we just keep them scrolling. And we wanted to create a product that help people be more in focus. Right.So if you put the phone down, you can still be notified about the most important things that are happening without always checking your screen. I don't know about you ...