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NSBBF

PYTCF

NorthStar Gaming Holdings Inc. has announced a $43.4 million CAD long-term debt financing through a senior secured first lien term loan facility. The financing is subject to final approval by the TSX Venture Exchange and involves credit support from Playtech plc.

Portfolio Pulse from

January 27, 2025 | 2:00 pm

CMA

Comerica's Q4 results show mixed performance with weak deposit growth but strong pricing actions. The bank's shares have gained 15% but are affected by declining deposits and loss of a government contract, leading to a 'hold' rating.

Portfolio Pulse from

January 27, 2025 | 1:15 pm

NPPTF

Neptune Digital Assets Corp. has increased its credit line with Sygnum Bank to US$25 million. The funds will be used to expand and purchase Bitcoin and other crypto-related assets, as well as support strategic investments.

Portfolio Pulse from

January 27, 2025 | 12:45 pm

CMS

CMS Energy is an attractive investment due to its consistent dividend growth, solid credit rating, and potential for high returns. The company reported strong Q3 results and is priced below fair value.

Portfolio Pulse from

January 27, 2025 | 12:15 pm

CRRFY

Carrefour's shares have dropped 17% in the past year, presenting a buying opportunity with a free cash flow yield of 32%. The company has a strong balance sheet, with manageable debt levels and an investment-grade credit rating from S&P and Fitch. Future growth plans include expanding private brands, e-commerce, and cost reductions, though execution remains a key risk.

Portfolio Pulse from

January 27, 2025 | 7:00 am

GMRE

Global Medical REIT is facing refinancing challenges due to low average debt maturity, which may impact its AFFO growth in 2025-2026. However, the REIT is expected to see marginally higher AFFO in 2025 due to rent indexation and portfolio growth.

Portfolio Pulse from

January 27, 2025 | 12:30 am

PAXS

PAXS, a PIMCO fund, has achieved a 10% return over the past year due to its dynamic asset allocation strategy. The fund's high leverage and diverse investments across credit sectors, including distressed securities, make it well-positioned for changing macroeconomic conditions.

Portfolio Pulse from

January 26, 2025 | 8:15 pm

ALX

Alexander's, a REIT, has seen a decline in its stock price due to rising US 10-year Treasury yields. The company reported a decrease in FFO for Q3 2024 compared to the previous year. Despite a strong cash position, upcoming 2025 debt maturities present a challenge.

Portfolio Pulse from

January 26, 2025 | 3:30 am

DAKT

The Federal Reserve cut interest rates to 4.25%-4.5% in December and plans only two rate cuts in 2025, leading to a market selloff. Historically, markets fall initially after a rate cut but rally later, offering buying opportunities for defensive stocks.

Portfolio Pulse from

January 25, 2025 | 8:15 pm

VLY

Valley National Bancorp's shares have rebounded due to strong Q4 results and measures to address credit losses in commercial real estate (CRE). The company raised $449 million through equity issuance, enhancing financial flexibility and improving its loan book. Despite credit concerns, Valley's strong capital position and diversification efforts provide a solid foundation.

Portfolio Pulse from

January 25, 2025 | 1:30 pm