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JPMorgan downgrades CoreWeave, here's why
Invezz· 2025-11-11 14:02
CoreWeave, a leading infrastructure provider for artificial intelligence firms, faced a setback this week after JPMorgan downgraded the stock, citing near-term supply chain pressures that could limit ... ...
Sterling Infrastructure: I Got It Wrong, But The Recent Pullback Sets Up A Golden Opportunity Again
Seeking Alpha· 2025-11-10 18:02
Moving into the second half, the key infrastructure solutions company Sterling Infrastructure ( STRL ) reported strong double-digit growth across its topline, thanks to meaningful contributions from the recent CEC integration and continued strength inAs a finance enthusiast with experience in research, I am deeply engaged in studying diverse businesses, especially in the technology, industrial, and conglomerate sectors. I really like companies that have strong foundations and see them doing well in the long ...
X @CoinMarketCap
CoinMarketCap· 2025-11-10 12:23
👀 Top Crypto Fundraising Last Week1️⃣ Ripple (@Ripple) - $500M; Payments2️⃣ Lava (@lava_xyz) - $200M; Lending, BTC Ecosystem3️⃣ Commonware (@commonwarexyz) - $25M; Infrastructure4️⃣ fomo (@tryfomo) - $17M; Cross-Chain, Trading App5️⃣ Donut (@DonutBrowser) - $15M; Browser, AI Agents6️⃣ Standard Money (@StandardMoney_) - $8M; Stablecoin, BNB Ecosystem7️⃣ Liquid (@liquidtrading) - $7.6M; Perp DEX Aggregator8️⃣ Arx Research (@arxresearch) - $6.1M; Payments, Infrastructure9️⃣ Harmonic (@harmonic_gg) - $6M; Infra ...
Adani likely to win Jaiprakash Associates insolvency race, beat Vedanta
BusinessLine· 2025-11-10 01:13
Core Viewpoint - Adani Enterprises Ltd is positioned to become the highest bidder for Jaiprakash Associates Ltd (JAL) in the ongoing insolvency process, offering a more favorable payment structure compared to Vedanta Group's bid [1][4]. Bid Evaluation - In early September, Vedanta Group initially emerged as the highest bidder with an offer of Rs 12,505 crore in net present value (NPV) [2]. - The committee of creditors (CoC) evaluated the bids and scored Adani Enterprises Ltd's resolution plan as the highest, followed by Dalmia Cement (Bharat) and Vedanta Ltd [4]. - The CoC is expected to vote on the resolution plan in the next two weeks [4]. Payment Structures - Adani Group proposes to make payments to lenders within two years, while Vedanta's offer includes back-ended payments over five years [5]. - Dalmia Cement's payment plans are contingent upon a Supreme Court judgment regarding a pending matter with the development authority YEIDA [5]. Promoters' Involvement - The former promoters of JAL submitted a last-minute offer to settle with lenders but did not provide a clear source of funds, which is typically seen as an attempt to disrupt the resolution process [6]. Company Background - JAL has diverse business interests, including real estate, cement manufacturing, hospitality, and engineering & construction, and was admitted into the Corporate Insolvency Resolution Process (CIRP) on June 3, 2024 [7]. - The company faced insolvency after defaulting on loan payments, with financial creditors claiming around Rs 60,000 crore [8]. Business Operations - JAL's major projects include Jaypee Greens in Greater Noida and Jaypee International Sports City near the upcoming Jewar International Airport [11]. - The company operates four cement plants in Madhya Pradesh and Uttar Pradesh, although these plants are currently non-operational [12]. - Financial stress has impacted JAL's various business operations, including significant engineering, procurement, and construction (EPC) projects [13].
X @Solana
Solana· 2025-11-06 17:09
RT Solmate $SLMT (@Solmate)Today, Solmate Infrastructure (NASDAQ: $SLMT) announces the launch of its first bare metal @solana validator in the UAE.More importantly, Solmate reveals why it is building this infrastructure: to power RPC nodes and colocation services that will run its Infrastructure Flywheel™More👇 ...
Aecon: Downgrading One Of My Favourites
Seeking Alpha· 2025-11-06 12:42
Aecon ( OTCPK:AEGXF )( ARE:CA ) is one of my favorite Canadian companies, because of its excellent positioning in critical infrastructure sectors. The company is an infrastructure and energy company, with a strong capability in electrification andThe author has an honours degree in economics and politics with a focus on economic development. With 36 years of experience in executive management he has extensive knowledge of insurance/reinsurance, Global and Asia Pacific markets, climate change and ESG. He inv ...
X @Bloomberg
Bloomberg· 2025-11-06 10:26
Bain Capital has picked banks for an IPO of Eleda, a Swedish infrastructure projects and services provider https://t.co/rRW9Ys7MNp ...
Kennametal(KMT) - 2026 Q1 - Earnings Call Presentation
2025-11-05 14:30
Financial Performance - Sales reached $498 million, reflecting 3% organic growth[4] - Adjusted EBITDA was $76 million with a 153% margin[4] - Adjusted EPS stood at $034, compared to $029 in the prior year[4, 11] - The company returned $25 million to shareholders through $10 million in share repurchases and $15 million in dividends[4, 11] Segment and Regional Growth - Metal Cutting and Infrastructure segments both experienced 3% organic growth[11] - Americas region saw a 7% sales growth in constant currency[11] - Aerospace & Defense sector experienced a 20% sales growth[11] Outlook and Restructuring - The company is on track to deliver approximately $35 million in restructuring savings[37, 40] - FY26 sales are projected to be between $210 billion and $217 billion[37] - Adjusted EPS for FY26 is expected to be in the range of $135 to $165[37] Balance Sheet - Net debt was $4949 million[32] - Free Operating Cash Flow (FOCF) was $(5) million[4] - Primary Working Capital as a percentage of sales was approximately 32%[35, 37]
Mistras (MG) - 2025 Q3 - Earnings Call Presentation
2025-11-05 14:00
November 5, 2025 Q3 2025 Earnings Report Safe Harbor Statement and Other Matters Forward-Looking and Cautionary Statements Certain statements contained in this press release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include but are not limited to the impacts of foreign currency exchange risks, the impacts of our new ERP implementation, includ ...
FLINT Announces Third Quarter 2025 Financial Results
Globenewswire· 2025-11-04 22:00
CALGARY, Alberta, Nov. 04, 2025 (GLOBE NEWSWIRE) -- FLINT Corp. (“FLINT” or the "Company") (TSX: FLNT) today announced its results for the three and nine months ended September 30, 2025. All amounts are in Canadian dollars and expressed in thousands of dollars unless otherwise noted. “EBITDAS” and “Adjusted EBITDAS” are not standard measures under IFRS. Please refer to the Advisory regarding Non-GAAP Financial Measures at the end of this press release for a description of these items and limitations of thei ...