The Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund provides a high yield of 8.83%, well above the preferred stock index average. However, its share price has been mostly flat over three years and recently declined due to sensitivity to interest rates and leverage-related volatility. The fund covers its distributions through net investment income and realized gains, but investors should watch its large unrealized losses that could affect sustainability. Trading at a 10.16% discount to net asset value, deeper than its five-year average, the fund faces challenges from ongoing rate hikes and inflation, which may limit capital growth potential.
Wealthfront Corporation reported better-than-expected Q2 2026 earnings with $0.10 EPS versus $0.08 estimated and revenue of $91.87 million surpassing $91.53 million estimates. The company’s total platform assets grew 12% year-over-year to $99 billion...
Voyageur Pharmaceuticals has reached its first milestone in a collaboration with Bayer by submitting an approved feasibility plan, triggering a $1 million non-dilutive payment. This follows an earlier $350,000 payment, totaling $1.35 million of the $...
Eigen Labs hosted a quantum circuit optimization challenge that outperformed Google's benchmark for breaking Bitcoin and Ethereum cryptography by about 50%. Over 100 participants, including Ethereum Foundation and StarkWare researchers, improved the ...
OPRT has addressed previous concerns by repaying costly term loans and reducing its blended cost of debt from 8.6% to 6.3%. Credit quality has improved with 30-day delinquencies at their lowest since late 2021 and projected charge-offs for 2026 expec...
Vistra Corp. announced a public offering of junior subordinated unsecured notes through its subsidiary, Vistra Operations Company LLC. The proceeds will be used for general corporate purposes, including redeeming some or all of its outstanding prefer...
