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NWPN

The Now Corporation has announced a strategic initiative for Q2 2025, focusing on reducing corporate debt and enhancing shareholder value.

Portfolio Pulse from

March 10, 2025 | 12:45 pm

ETR

Entergy Corporation's common stock appears overvalued, but its baby bonds offer attractive yields and are highly rated by Moody's and S&P. These bonds are undervalued compared to similar A-rated debt, making them a compelling investment opportunity.

Portfolio Pulse from

March 10, 2025 | 12:30 pm

CME

Recent changes in expectations suggest that interest rates are now anticipated to fall rapidly in 2025, contrary to earlier predictions of only one or two cuts by the Federal Reserve.

Portfolio Pulse from

March 10, 2025 | 12:30 pm

BHR

Braemar Hotels & Resorts Inc. has refinanced five hotels with a $363 million loan, extending debt maturity to 2030 and reducing interest costs.

Portfolio Pulse from

March 10, 2025 | 12:15 pm

MCK

Investors are concerned about a potential recession due to an inverted yield curve and a significant GDP growth forecast downgrade by the Atlanta Fed. This has led to increased caution in the market.

Portfolio Pulse from

March 10, 2025 | 12:00 pm

W

Wayfair Inc. announced a proposed offering of $700 million in senior secured notes due 2030. The proceeds will be used to purchase existing convertible senior notes and for general corporate purposes.

Portfolio Pulse from

March 10, 2025 | 12:00 pm

ALKT

Alkami Technology, Inc. plans to offer $300 million in convertible senior notes due 2030 in a private offering to qualified institutional buyers. An additional $45 million may be offered to initial purchasers.

Portfolio Pulse from

March 10, 2025 | 11:15 am

ELVA

Electrovaya Inc. has secured a $20 million credit facility from the Bank of Montreal to support its growth and reduce costs. The facility includes a $5 million expansion option and will lower Electrovaya's cost of capital, aiding its operations in the US and Canada.

Portfolio Pulse from

March 10, 2025 | 10:15 am

ELVA

Electrovaya Inc. has secured a $50.8 million loan from the Export-Import Bank of the United States to expand its battery manufacturing facility in Jamestown, New York. This funding, combined with other financial resources, provides Electrovaya with over $80 million for its U.S. expansion.

Portfolio Pulse from

March 10, 2025 | 10:15 am