City Office REIT has seen a 28% increase over the past year but continues to trade at a low multiple to core FFO. CIO's fiscal 2024 fourth-quarter core FFO beat estimates, with 2025 core FFO expected to be $1.10-$1.14 per share, offering a 7.6% dividend yield. The REIT's 6.625% Series A Cumulative Preferreds offer an 8.88% yield on cost and present a more than 465 basis point spread over the U.S. 10-year Treasury yield.
CCBG increases its dividend to 24 cents per share, indicating a rise of 4.4% from the prior payout.
Red Robin CEO G.J. Hart explains why they won't open a location in New York City, and why we don't see a lot of big chain restaurants in Manhattan
RBC Capital Markets has lifted its price target for London Stock Exchange Group PLC (LSE:LSEG) from 12,500p to 14,000p, while JP Morgan reaffirmed its 13,900p target with both citing strong earnings growth and positive long-term prospects. The banks reiterated their bullish stance, highlighting LSEG's resilience and continued re-rating potential.
Medicus Pharma (NASDAQ:MDCX, TSX-V:MDCX) has announced the submission of its Phase 2 clinical study design, evaluating its non-invasive therapy targeting basal cell carcinoma (BCC) of the skin, to the United Arab Emirates (UAE) Department of Health. The study, SKNJCT-004, is set to enroll 36 participants across four leading medical institutions in the UAE, the Cleveland Clinic Abu Dhabi, Sheikh Shakbout Medical City, Burjeel Medical City, and American Hospital of Dubai.
I maintain a STRONG BUY rating on TTWO due to its diversified revenue streams, strong pipeline, and the highly anticipated release of GTA VI. TTWO's Q3 results showed a slight revenue miss but a strong EPS beat, driven by the NBA 2K franchise and mobile segment growth. GTA VI is expected to surpass GTA V's success due to high anticipation, digital sales shift, and strategic release timing.
Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) offers investors a “very attractive” valuation amid record-breaking gold prices, that's the view of Berenberg. Analysts at the European bank have run the rule over several London-listed gold stocks, as part of a ‘sensitivity analysis' in the sector as gold and silver prices have soared - due to continued geopolitical volatility, concerns about global growth rates, and worries over the impact of international trade tariffs.
Canadian Pacific Kansas City is a strong investment due to its monopoly position and unique value proposition connecting Canada, the U.S., and Mexico. The U.S. railroad industry's economic moat and the company's high leverage, coupled with stable cash flows, enhance its long-term investment appeal. The company's ability to generate stable cash flows is expected to drive debt reduction, making it an attractive equity investment.
Canadian Pacific Kansas City faces near-term tariff risks, but its unique North American rail network offers long-term growth potential amid geopolitical shifts and nearshoring trends. Despite recent tariff threats, CP's Q4 2024 earnings showed revenue growth, improved EPS, and a stable operating ratio. Management sees over $5 billion in new revenue opportunities, driven by GDP growth, price increases, and high switching costs in the rail industry.
Former Modell's Sporting Goods CEO Mitchell B. Modell joins ‘Maria Bartiromo's Wall Street' to discuss the potential reviving of store chain Party City.
Demand for New York City office space has finally returned to pre-pandemic levels. During the fourth quarter, office demand in the city jumped 25% from the year before, according to VTS
MAR focuses on strengthening its midscale segment presence in CALA with the opening of eight properties over the next three years.