Nabors Industries has been initiated with a buy rating by Quad 7 Capital, despite a projected loss in earnings per share (EPS) for 2026. The positive outlook is driven by expected growth from 2027 onwards, supported by the company's international expansion, especially through its SANAD joint venture in Saudi Arabia, which now accounts for 65% of its Drilling Solutions EBITDA. The company has also significantly improved its balance sheet by reducing total debt to $2.1 billion with no major debt maturities until 2029. Trading at $100.50 per share with a 14.7 times estimated 2027 EPS multiple, Nabors shows potential for positive free cash flow and margin expansion, making it an attractive investment opportunity.
Edelson Lechtzin LLP is investigating Kering S.A. for potentially keeping tariff-related price increases on luxury brands like Gucci and Saint Laurent without refunding consumers after the U.S. Supreme Court ruled the tariffs unlawful in February 202...
The United Nations Development Programme (UNDP) has expanded its partnership with the Stellar Development Foundation following successful blockchain payment pilots in multiple countries. These pilots reduced aid distribution costs significantly, such...
Ethereum has generated a new Tom DeMark Sequential buy signal on its one-hour chart, suggesting a potential easing of recent selling pressure. Currently trading near $1,770, the key support level is $1,750; staying above this could push Ethereum towa...
Germanium Mining Corp. announced a non-brokered private placement of up to 2,916,666 flow-through units at $0.24 each, aiming to raise $700,000. The funds will support mapping and sampling activities this summer at its Lac du Km 35 project ahead of a...
Polaris Inc is rated a BUY due to a 24% potential upside, supported by growing demand for utility vehicles driven by secular AI data center construction. Currently, 70% of Powersports sales come from the utility segment, benefiting from robust data c...
