PIMCO Income Strategy Fund II (PFN) is rated hold, trading near its net asset value with a 12.5% yield. The fund recently shifted its strategy to allow direct loan origination, increasing credit flexibility but also exposure to illiquid and higher-risk assets. Its leverage has doubled to about 31%, which boosts potential returns but also raises downside risks, especially with uncertain interest rates. Dividend coverage is below 100%, and the fund has relied on increased leverage to cover income shortfalls, raising concerns about sustainability if credit performance weakens.
Antimony Resources Corp. announced strong assay results from recent drilling at its Bald Hill Antimony Project in New Brunswick. High-grade antimony values, including 27.3% Sb over 0.3 meters in the Main Zone and 10.3% Sb over 2.2 meters in the newly...
Gold prices showed modest gains as US inflation data for August came in line with expectations, with the Consumer Price Index rising 0.4%. Core inflation was slightly higher than forecasted, suggesting persistent inflation pressures. This data increa...
Deutsche Bank has reaffirmed its 'buy' rating on AJ Bell PLC, setting a target price of 700p due to robust growth in direct-to-consumer customers, which rose 7% quarter-on-quarter and 30% year-on-year in Q3. This growth is driven by effective marketi...
Ocean Power Technologies Inc will implement a 1-for-30 reverse stock split starting September 14, 2026, combining every 30 shares into one to increase the per-share price and improve marketability and liquidity. Shareholders will not lose ownership p...
PolarX Limited announced outstanding assay results from its 2026 drilling campaign at the Caribou Dome Project in Alaska, revealing exceptionally high-grade copper zones. The campaign, funded by Northern Star Resources, is ongoing with about 1,700 me...
