The ongoing U.S.-Iran conflict, now in its seventh month, is increasing the risk of oil prices rising above $120 a barrel due to intensified attacks on shipping in the Strait of Hormuz. Recently, the U.S. military destroyed five Iranian crude oil tankers in response to attempted attacks on an American warship, which successfully evaded harm. This escalation has tightened the physical oil market, with Brent crude futures rising above $101 and U.S. West Texas Intermediate futures surpassing $96 per barrel. Experts warn that further conflict or threats to energy infrastructure could push prices even higher, potentially lasting through the remainder of President Trump's term.
AT&T reported strong operating results for the second quarter, highlighting fiber expansion and wireless convergence as key growth drivers. Despite concerns about competition from SpaceX, the company's valuation remains attractive with a forward P/E ...
The iShares MSCI United Kingdom ETF (EWU) is highlighted as an attractive option for investors seeking focused exposure to UK equities. Despite recent underperformance compared to the S&P 500, positive economic indicators like rising PMI metrics sugg...
CGI announced a C$500 million offering of senior unsecured notes in two series: C$250 million with a 3.25-year maturity at 4.195% interest, and C$250 million with a 4.75-year maturity at 4.484% interest. The offering is expected to close around Septe...
Hagerty, Inc. announced the pricing of its upsized secondary offering of 9,250,000 Class A shares at $11.95 per share, with an option for underwriters to buy an additional 1,387,500 shares. The offering, expected to close around September 11, 2026, i...
Centrus Energy Corp. announced a public offering of 500,000 Class A common shares, pre-funded warrants for 2,005,513 shares, and common warrants for nearly 7 million shares, priced around $199.60 each, expected to raise approximately $500 million bef...
