Eagle Point Credit Company is restructuring its portfolio by moving away from collateralized loan obligations (CLOs) to increase stability and diversify into regulatory capital relief securities and private credit. The company’s common dividend currently exceeds its net investment income, causing net asset value erosion and raising concerns about a potential dividend cut if cash flow does not improve. However, its perpetual preferred shares, ECC.PR.D, offer attractive features such as over 9% yield, strong income coverage, monthly payouts, and capital preservation, making them appealing for income-focused investors. These preferred shares also benefit from regulatory asset coverage and convertible debt support, fitting well in tax-advantaged accounts for reliable income and potential capital gains.
AMD CEO Lisa Su announced that the company's server revenue is projected to grow by more than 80% in the current half-year period. This growth estimate specifically excludes revenue from AMD's AI accelerator business, highlighting strong demand in ot...
Target will announce its fiscal second-quarter results, offering insight into its turnaround under CEO Michael Fiddelke. Despite a 55% stock rise this year, investors remain cautious due to ongoing economic pressures and uncertainty about sustainable...
On August 18, users reported receiving small, unexplained USDT deposits linked to HTX, followed by account freezes. HTX denies initiating these transfers, which coincide with increased UK and EU sanctions against the platform. The deposits, though sm...
Elemental Royalty Corporation is reaffirmed as a Buy due to its undervalued growth prospects driven by the recent acquisition of Vizsla Royalties. This acquisition adds a key asset with strong future gold equivalent ounces (GEO) sales growth and sign...
The iShares MSCI Israel ETF (EIS) offers focused exposure to Israeli stocks, especially in financials, technology, and defense. It benefits from strong GDP growth forecasts, easing inflation, and momentum in key sectors. Valued at a reasonable 17x P/...
