PT Telekomunikasi Indonesia Tbk remains a buy, following my evaluation of its recent corporate transaction and near-term prospects. The spin-off of TLK's wholesale fiber business into a separate infrastructure-focused entity unlocks value, enhances margins, and preserves cash flows for shareholder returns. TLK's proactive restructuring, disciplined pricing, and product simplification support margin expansion and a likely positive Q3 earnings surprise.
Unit reported $2.6 million in Q2 2026 G&A. Previous quarters included Unit drilling and/or separation benefit costs, so this may more closely reflect ongoing G&A levels. I had estimated $16 million per year for Unit's G&A going forward, so if it can average $3 million per quarter, that would be a $4 million per year boost. Unit's coverage for its $1.25 per share quarterly dividend is projected at 1.0x for the next year and a half at the current strip.
The U.S. government alleged that CVS knowingly filled prescriptions for controlled substances that lacked a legitimate medical purpose, weren't valid or weren't issued in the usual course of professional practice.
GE Aerospace's engine demand is accelerating as major airline orders, higher deliveries and a growing installed base drive Commercial Engines & Services growth.
AVO's Marketing and Distribution growth is fueled by higher avocado volumes, broader sourcing and Calavo-driven scale, supporting stronger sales and margins.
Chinese electric-vehicle maker Nio (NYSE:NIO | NIO Price Prediction) signed a partnership that extends its battery-swap reach, yet the news is weighing on Nio shares. Nio stock is down 4% to $3.
Privately held Zhejiang Geely Holding Group is investing.
Genuine Parts NYSE: GPC executives outlined leadership plans, operating priorities and separation preparations as the company moves toward creating standalone automotive and industrial businesses.
EAT targets 4-6% annual revenue growth through fiscal 2029 as Chili's expansion, remodels and buybacks support its long-term strategy.
Russia also placed the local businesses of French retailers Auchan and Leroy Merlin under temporary external administration, according to a presidential decree.
Northern Oil and Gas (NOG) remains a Strong Buy, supported by robust adjusted EBITDA growth and a steep sector discount. NOG's strategic pivot toward natural gas and improved per-barrel economics offset recent hedge-driven earnings volatility. Refinancing has lowered interest costs, supporting margin expansion and a sustainable, growing dividend currently yielding over 7%.
Associated British Foods said contract provisions due to low European sugar prices weighed on profitability for the unit.