Investors with a lot of money to spend have taken a bullish stance on Celestica (NYSE: CLS).And retail traders should know.We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with CLS, it often means somebody knows something is about to happen.So how do we know what these investors just did? Today, Benzinga's options scanner spotted 2 ...

Core Insights - AAR Corp. is a significant player in the aviation services industry, providing maintenance, repair, and overhaul (MRO) services, along with supply chain solutions, competing with major firms like Boeing and Lockheed Martin [1] Financial Performance - For the first quarter of fiscal year 2026, AAR Corp. reported earnings per share (EPS) of $1.08, exceeding the Zacks Consensus Estimate of $0.98 and showing improvement from the previous year's EPS of $0.85 [2][6] - The company achieved revenue of approximately $739.6 million, surpassing the estimated $720.3 million, reflecting strong market position and effective business strategies [3][6] Valuation Metrics - AAR Corp. has a price-to-sales ratio of about 1.01, indicating that the market values its sales slightly higher than its actual sales revenue, suggesting investor confidence in future prospects [3] - The company maintains a high price-to-earnings (P/E) ratio of approximately 221.89, alongside a moderate debt-to-equity ratio of around 0.86, indicating a balanced approach to leveraging debt while maintaining equity [4][6] - AAR Corp.'s current ratio is about 2.72, demonstrating a strong ability to cover short-term liabilities with its short-term assets [4][6] Cash Flow and Profitability - The enterprise value to operating cash flow ratio stands at a notably high 104.40, suggesting that the company's cash flow is relatively low compared to its overall valuation [5] - The earnings yield is approximately 0.45%, providing insight into the return on investment and the company's profitability relative to its stock price [5]

Group 1 - Significant bullish sentiment among major investors in Celestica, with 63% bullish and 18% bearish positions noted in options trading [2][12] - Total options trades identified include one put worth $27,100 and ten calls totaling $1,442,266, indicating strong investor interest [2] - Projected price targets for Celestica range from $200.0 to $370.0 over the past three months based on trading activity [3] Group 2 - Recent options trading volume for Celestica shows a total of 1,635,838, with the stock price currently at $253.02, reflecting a slight increase of 0.04% [14] - An analyst from JP Morgan maintains an Overweight rating on Celestica, with an average price target set at $295.0 [11][12] - Celestica operates in two segments: Advanced Technology Solutions (ATS) and Connectivity & Cloud Solutions (CCS), with the majority of revenue generated from the CCS segment [10]

Core Insights - Medline has established a multi-year prime vendor agreement with LCMC Health for distribution services and supply chain expertise, covering eight hospitals, eight urgent care centers, and ten emergency departments that handle approximately 1.7 million clinic visits annually [1][2] Group 1: Partnership Details - The partnership is aimed at enhancing LCMC Health's supply chain resilience, which is essential for delivering high-quality care [2] - Medline will provide support from its distribution warehouse in Hammond, Louisiana, utilizing AutoStore robotics for supply distribution [2][4] Group 2: Technology and Analytics - LCMC Health will gain access to Medline's analytics platforms to monitor item usage, contract compliance, price accuracy, and expenditure by product category [3] - Medline emphasizes its commitment to technology advancements that improve inventory management and operational efficiency [4] Group 3: Recent Developments - In June, Medline also entered a prime vendor agreement with Santiam Hospital and Clinics, indicating a growing trend in securing partnerships within the healthcare sector [5]

Financial Performance - Broadwind's total revenue increased by 7.6% year-over-year in Q2 2025, reaching $39.2 million[16], driven by strong demand from the wind and industrial verticals[12] - Gross margin decreased to 10.1% in Q2 2025 due to manufacturing inefficiencies in the Heavy Fabrications segment and lower capacity utilization within the Gearing segment[12] - Adjusted EBITDA margin decreased to 5.3% year-over-year, amounting to $2.1 million in Q2 2025, as labor was added to support increased volumes in the wind and power generation verticals[12, 15] - GAAP Net Income turned into a loss of $1.0 million in Q2 2025, compared to a profit of $0.5 million in Q2 2024[17] Segment Performance - Heavy Fabrications segment revenue increased due to wind tower and repowering adapter sales, reaching $25.0 million[20, 23] - Heavy Fabrications segment EBITDA margin decreased to 11.4% in Q2 2025[20] - Gearing segment revenue declined by 30% year-over-year to $7.3 million in Q2 2025, but orders increased by 45% to $6.8 million[26, 27, 28] - Industrial Solutions segment revenue increased by 13.9% year-over-year to $7.4 million, with orders up by 207% to $13.9 million[32, 33, 34] Balance Sheet - Net working capital investment increased by 24% year-over-year to $42.5 million in Q2 2025[40, 43] - Total inventory increased to $51.4 million in Q2 2025[45] - Cash and LOC availability at quarter-end was $14.9 million[41]

Report Industry Investment Rating - No information provided on the report industry investment rating Core Viewpoints - Asian IGs tightened by 1 - 3bps this morning, indicating a positive trend in the Asian investment - grade bond market [3] - Li & Fung's tender offer and new issue are beneficial to perp holders, and the company plans to reduce debt and adjust its balance sheet [7][8][9] - Zhongsheng's early redemption of ZHOSHK 3 01/13/26 reflects sufficient liquidity, and ZHOSHK 5.98 01/30/28 remains a good shorter - dated carry play [14] Summary by Related Catalogs Trading Desk Comments - In KR, LGENSO 26 - 35s tightened by 2 - 5bps; in Chinese IGs, BABA 31/MEITUA 30 tightened 1bp, ZHOSHK 26 - 28s were unchanged to 1bp tighter [1] - In financials, CSILTD priced a 3yr floating - rated bond at SOFR + 60; SUMIBK/STANLN Float 28 - 31s tightened 1 - 3bps [1] - In insurance, SHIKON 35 tightened 1bp, NSINTW 34 widened 1bp; ASAMLI Perps/MYLIFE 55s were up 0.1pt [1] - In AT1s, HSBC 6.95/LLOYDS 8/BACR 7.625 Perps were 0.2 - 0.4pt higher; in HK, BNKEA/DAHSIN/NANYAN 31 - 34s tightened 1 - 3bps [1] - In Chinese properties, DALWAN 26 was down 0.7pt; RAODKG 28 - 30s/Perps were 0.2pt lower to 0.3pt higher [1] - Outside properties, EHICAR 26 - 27s were 1.2 - 1.4pts higher; in SE Asia, GLPSP 28/Perps were 0.8 - 1.6pts higher [1] - VEDLN 28 - 33s were up 0.1 - 0.3pt; VLLPM 29 lowered 1.2pts; PTTEPT/PTTTB 42s were 0.6pt lower [1] - In CNH space, CCAMCL priced 3.5yr and 5yr CNH bonds at 2.35% and 2.43% respectively; onshore AAA guaranteed CNH LGFVs tightened 20 - 50bps [2] - BADNHI 6.9 28s/ZBZCHD 6.9 28s were 0.5 - 2.7pts higher; in SOE perps, CHPWCN Perp was up 0.1pt [4] Last Trading Day's Top Movers - Top performers included KAFEDI 6 1/2 06/04/28 with a price of 96.3 and a change of 2.7, GLPSP 4 1/2 PERP with a price of 55.3 and a change of 1.6 [5] - Top underperformers included TSIVMG 1.55 12/17/29 with a price of 70.4 and a change of - 1.2, VLLPM 9 3/8 07/29/29 with a price of 64.5 and a change of - 1.2 [5] Marco News Recap - On Monday, S&P was up 0.02%, Dow was down 0.14%, and Nasdaq was up 0.33%; long - term UST yield was higher, with 2/5/10/30 yield at 3.91%/3.96%/4.42%/4.96% [6] Desk Analyst Comments - Li & Fung launched a tender offer for LIFUNG 5.25 Perp at USD55, with a maximum acceptance amount of USD50mn, funded by a new 3.5NC2 USD bond [7] - The FV of the new LIFUNG 29 is expected to be mid - 8% vs IPT at 9% [7] - The tender offer is seen as a de facto voluntary partial exchange beneficial to perp holders [8] - With new issuance proceeds and cash on hand, Li & Fung plans to redeem bonds, repay loans, and adjust its balance sheet [9] - Zhongsheng announced to make - whole ZHOSHK 3 01/13/26 on 27 Aug'25, reflecting sufficient liquidity [14] - ZHOSHK 5.98 01/30/28 is considered a good shorter - dated carry play, and a buy recommendation is maintained [14] Offshore Asia New Issues - No offshore Asia new issues were priced today; in the pipeline, Chengdu Xisheng Investment Group plans a 3yr issue, China CITIC Bank London Branch plans a 3yr issue of up to USD300mn, and Li & Fung plans a 3.5NC2 issue [18] News and Market Color - 84 credit bonds were issued yesterday onshore with an amount of RMB92bn; month - to - date, 1,881 credit bonds were issued with a total amount of RMB2,024bn, a 15.2% yoy increase [21] - Adani Green Energy 1Q26 total revenue rose 36% yoy to INR38bn (cUSD439.2mn) [21] - Diamond Power won an INR13.5bn (cUSD155.6mn) order from Adani Energy Solutions [21] - China Cinda AMC issued 3.5y CNH3bn bonds at 2.35% and 5yr CNH2.3bn bonds at 2.43% [21] - Lippo Cikarang's 1H25 presales reached 48% of FY25 target [21] - SJM Holdings agreed to buy a property in Zhuhai for RMB724.2mn (cUSD101.1mn) [21]

Core Viewpoint - Nisun International Enterprise Development Group Co., Ltd will report its audited financial results for the full year ended December 31, 2024, on April 29, 2025, after market close [1] Group 1: Financial Reporting - The financial results will be discussed in a conference call scheduled for April 29, 2025, at 4:30 p.m. New York Time [2][7] - A replay of the conference call will be available for 7 days starting April 30, 2025 [4] Group 2: Company Overview - Nisun International is a technology-driven integrated supply chain solutions provider focused on transforming the corporate finance industry [5] - The company aims to provide professional supply chain solutions to both Chinese and foreign enterprises and financial institutions [5] - Nisun International emphasizes industry-finance linkages and aims to assist with supply-side sub-sector reform [5]