Braemar Hotels & Resorts (BHR) retains a 'Sell' rating due to concerns over its shrinking hotel portfolio and fully floating-rate debt, which increase earnings and liquidity risks. The company has crystallized a $480 million Ashford termination fee, funded by accelerated asset sales rather than balance sheet support. Governance improvements and a move to self-management have not alleviated uncertainties, including an unresolved proxy contest and absence of a common dividend, limiting upside potential for shareholders.
Solana's recent Alpenglow upgrade, activated on October 21, changed how transaction totals are calculated by removing vote transactions from block counts. Previously, validators sent votes as transactions, but now votes are sent directly between vali...
The global drone defense system market is projected to grow from $4.72 billion in 2025 to $18.19 billion by 2030, driven by increasing unauthorized drone incidents and demand for advanced detection and countermeasure technologies. Growth is fueled by...
A.O. Smith has agreed to sell an 81% stake in its China business to alternative asset manager CPE for approximately $400 million, while retaining a 19% interest and entering a long-term brand licensing deal. The total value including licensing royalt...
TOP Ships Inc. announced a $5 million private placement of senior convertible notes and warrants with an institutional investor. The notes bear an 8% cash interest rate and mature in 12 months, with conversion options tied to the company's share pric...
Solana's recent Alpenglow upgrade changed how transactions are counted by excluding validator votes, which previously made up 56% of transactions. Despite the drop in reported transactions, genuine user activity remains steady at 3,165 transactions p...
