RLJ Lodging Trust started 2026 strongly with solid first-quarter results and an improved outlook for the year. The company faces near-term risks from high energy prices, prompting cautious guidance for the rest of 2026. Despite these risks, RLJ's valuation remains attractive, supporting a Buy rating for long-term investors willing to accept risks related to high leverage and potential recession impacts. The company has managed its near-term debt maturities well, though some interest rate pressure may arise from expiring fixed-rate swaps next year.
The U.S. Bankruptcy Court for the Central District of California confirmed the Plan of Liquidation for Oceanwide Plaza LLC, enabling the $470 million sale of the stalled Downtown Los Angeles development to KPC Square, a joint venture between KPC Grou...
A potential closure of the Bab el-Mandeb Strait in the Red Sea could disrupt oil shipments from the Middle East to Europe and Asia, pushing crude oil prices higher. This disruption would force tankers to take longer routes, increasing delivery times ...
When Bitcoin blocks reach their 4 million weight unit limit, new transactions don't stop but enter a competitive fee auction in the mempool, where miners prioritize higher-fee transactions for confirmation. This dynamic means transactions with low fe...
Legrand SA has shown solid growth driven by strong demand in datacentres and effective operating leverage, despite facing unit margin pressures from raw material inflation and tariffs. The company expects organic growth of 4-7% and plans pricing acti...
FTX is set to distribute an additional $900 million to creditors, bringing total repayments to over $10 billion. This milestone marks significant progress in the bankruptcy process, offering hope to creditors who have been awaiting recovery of their ...
