Kenon Holdings announced that the Republic of Peru has completed payment of approximately $203 million following an arbitration award issued in Kenon's favor in October 2023. After allocating funds to a capital provider and covering expenses, Kenon's share amounts to about $93 million before taxes. This payment settles all amounts due from Peru related to the arbitration, which involved damages and fees totaling over $110 million plus interest. The resolution concludes a lengthy legal dispute and provides Kenon with significant financial compensation, supporting its ongoing business operations and shareholder value.
Barclays raised its price target for Trimble Inc. to $80, reflecting confidence after the company reported strong Q2 2026 results. Trimble beat earnings estimates with $0.86 per share and revenues of $972 million, driven by 12% growth in its Field Sy...
Citizens JMP Securities raised MongoDB's price target from $366 to $519, citing strong sales performance and new AI capabilities introduced by the company. MongoDB launched several AI-focused tools, including Automated Embeddings and the Atlas Manage...
Agency mortgage REITs like Dynex Capital, ARMOUR Residential, and Orchid Island Capital provide attractive monthly dividends by leveraging government-backed mortgage bonds. Dynex leads with steady dividend growth and strong book value recovery, while...
In 2026, dividend equity ETFs have outperformed both 10-year Treasuries and the S&P 500 index, with Schwab U.S. Dividend Equity ETF (SCHD) leading with a 27.06% gain year-to-date. This outperformance is driven by sector composition and price apprecia...
Stifel Nicolaus reaffirmed its Buy rating on Nvidia and set a $282 price target before the company’s Q2 2027 earnings report on August 26. The analyst expects Nvidia to beat earnings estimates and raise guidance, driven by strong AI infrastructure sp...
