FS KKR Capital: Weak Q1 Earnings As Dividend Support Weakens — Neutral
FSK Seeking Alpha — May 19, 2025FSK offers a high 13.4% dividend yield, but dividend coverage is barely adequate and NAV continues to decline, raising sustainability concerns. Despite a strong quarter for new investments, persistent non-accruals and weak earnings suggest fundamental issues remain unresolved. FSK trades at a 10.5% discount to NAV, but this is less attractive than its historical average, reflecting market skepticism about quality.

CGMS: Diversified Bond ETF, Above-Average 5.9% Yield And Returns — Positive
CGMS Seeking Alpha — May 19, 2025CGMS invests in several bond sub-asset classes, focusing on corporate bonds and MBS. It has an above-average 5.9% yield, has outperformed most of its peers since inception, and with lower volatility to boot. It is a solid, diversified, vanilla bond fund, and a buy.

TORM plc capital increase in connection with exercise of Restricted Share Units as part of TORM's incentive program — Neutral
TRMD PRNewsWire — May 19, 2025HELLERUP, Denmark , May 19, 2025 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) or (NASDAQ: TRMD A) has increased its share capital by 151,581 A-shares (corresponding to a nominal value of USD 1,515.81) as a result of the exercise of a corresponding number of Restricted Share Units. All new shares are subscribed for in cash at DKK 0.08 per A-share.

Formula Systems Files Annual Report on Form 20-F for the Year Ended December 31, 2024 — Neutral
FORTY GlobeNewsWire — May 19, 2025OR YEHUDA, Israel, May 19, 2025 (GLOBE NEWSWIRE) -- Formula Systems (1985) Ltd. (Nasdaq and TASE: FORTY) (“Formula” or the “Company”), a global information technology group engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, announced today that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission (the “SEC”) on Wednesday, May 14 2025. The annual report on Form 20-F, which contains Formula's audited annual financial statements for 2024, can be accessed on the …

Starwood Property's Q1'25 earnings showed a deteriorating dividend coverage ratio, falling below 1.0X. Despite increased dividend risks, I maintain a hold rating due to Starwood's decade-long dividend track record and strong, diversified asset base. The REIT's commercial and residential lending segment remains critical, but distributable earnings declined, failing to fully cover the dividend this quarter.

Kyndryl Announces €100 Million Data, AI and Cyber Resilience Investment in France — Neutral
KD PRNewsWire — May 19, 2025Investment to accelerate France's digital transformation and economic growth with a focus on new hires, AI private cloud services and a digital hub in Sophia-Antipolis PARIS , May 19, 2025 /PRNewswire/ -- As part of "Choose France," Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise technology services, announced that it will invest up to €100 million over three years in France to strengthen the country's capabilities in data, artificial intelligence (AI) and cyber resilience. "I welcome the decision by Kyndryl, a leading player in enterprise technology services, in the expansion of their activities in France.

Ryanair profits fall 16% after fares fall, but prices are rising again — Neutral
RYAAY Proactive Investors — May 19, 2025Ryanair Holdings PLC (LSE:RYA) reported a 16% fall in profits for the past year due to rising costs and falling ticket fares but announced a €750 million share buyback as said prices were rising again. Net income for the year to March 2025 landed at €1.6 billion, bang in line with expectations, as 200.2 million passengers were carried on the Irish airline, up 9% year-on-year.

Oriole Resources sees highest grade result to date at Mbe gold project — Positive
AAAU BAR DBP DGL GLD GLDM IAU OUNZ SGOL UGL Proactive Investors — May 19, 2025Oriole Resources PLC (AIM:ORR) has reported the highest gold grade to date from its Mbe gold project in Cameroon. The company, in a statement, said its latest result saw gold grades up to 25.77 grams per tonne.

Report of transactions in TORM plc securities by directors and executive officers and their closely associated persons — Neutral
TRMD PRNewsWire — May 19, 2025HELLERUP, Denmark , May 19, 2025 /PRNewswire/ -- TORM plc (NASDAQ: TRMD) (NASDAQ: TRMD A) has been notified of the following transaction in TORM plc securities: Details of the reporting person / closely associated person Name Jacob Balslev Meldgaard Reason for the notification Position/status CEO/Executive Director Initial notification/Amendment Initial notification Details of the issuer Name TORM plc LEI code 213800VL1H1ABVM1ZF63 Details of the transaction(s) Description of the financial instrument Identification code Shares (ISIN: GB00BZ3CNK81) Nature of the transaction Exercise of restricted share units Price(s) and volume(s) Price(s) Volume(s) DKK 0.08/share 33,559 Aggregated information - Volume - Price 33,559 shares DKK …

W.P. Carey remains a solid REIT with growth initiatives and a 5.84% yield, but I remain cautious. Despite revenue and property growth, valuation remains only fair, with shares not cheap enough to warrant a bullish rating. Relative to peers, W.P. Carey has higher leverage and a lower yield, making its premium valuation difficult to justify.

IYT is a buy for its strong top holdings—Uber, Union Pacific, and UPS—each offering unique competitive advantages and growth prospects. The ETF boasts a superior performance track record, low expense ratio, and attractive valuation compared to peer transportation funds. Risks from recession and oil prices are mitigated by easing tariffs and a favorable energy outlook, reducing sector uncertainty.

Franklin U.S. Large Cap Multifactor Index ETF (FLQL) implements a strategy combining quality, value and momentum factors in the Russell 1000. FLQL is quite close to its benchmark regarding the sector breakdown, top holdings, concentration and performance since inception. Compared to single-factor ETFs, FLQL outperforms value and momentum funds but lags behind a quality fund, suggesting quality is the superior standalone factor.

Nvidia reportedly in advanced talks to back quantum computing firm PsiQuantum — Positive
NVDA Proactive Investors — May 19, 2025Nvidia Corp (NASDAQ:NVDA, ETR:NVD) is reportedly in advanced discussions to invest in PsiQuantum, a California-based quantum computing startup, according to The Information. The talks come as PsiQuantum seeks to raise at least $750 million at a $6 billion pre-money valuation, with backers including BlackRock.

Qualcomm to launch data center processors that link to Nvidia chips — Positive
NVDA QCOM CNBC — May 19, 2025Qualcomm said it is planning to launch a custom central processing unit for the data center that can connect to Nvidia's GPUs and software. A link to Nvidia's infrastructure is key for any player hoping to crack into the data center, given the relevance of the U.S. chip giant's semiconductors are for AI.

S&P 500 Gains For Fifth Session: Investor Sentiment Improves, Fear Index Remains In 'Greed' Zone — Positive
IVV SPLG SPXL SPY SSO UPRO VOO Benzinga — May 19, 2025The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the “Greed” zone on Friday.

Alibaba Shares Fall On Report Of U.S. Scrutiny Of Apple AI Deal — Negative
BABA Forbes — May 19, 2025Shares in Chinese e-commerce giant Alibaba fell as much as 4.8% on Monday in Hong Kong as a deal to provide AI technology to iPhones sold in China faced a possible backlash in the U.S.

Alvotech Appoints DNB Carnegie as Liquidity Provider on Nasdaq Stockholm — Neutral
ALVO GlobeNewsWire — May 19, 2025REYKJAVIK, ICELAND AND STOCKHOLM, SWEDEN (May 19, 2025) — Alvotech (NASDAQ: ALVO, the “Company”) has entered into agreement with DNB Carnegie Investment Bank AB (publ) (“DNB Carnegie”) regarding liquidity provider services to ensure liquidity in the Company's Swedish Depository Receipts (“SDRs”), equity share equivalents, trading on Nasdaq Stockholm. The arrangement is in accordance with the framework of Nasdaq Stockholm's rules on liquidity providers.

Shareholders of Compass Group Diversified Holdings, LLC (CODI): Protect Your Rights Before July 8, 2025 - Contact Levi & Korsinsky — Neutral
CODI Accesswire — May 19, 2025NEW YORK, NY / ACCESS Newswire / May 19, 2025 / If you suffered a loss on your Compass Group Diversified Holdings, LLC (NYSE:CODI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/compass-diversified-lawsuit-submission-form?prid=149116&wire=1&utm_campaign=21 or contact Joseph E. Levi, Esq.
