Private Credit Turmoil Makes BDCs More Attractive
The poor sentiment toward private credit funds has dragged down many high-quality BDCs, as well as weaker ones. The chaos and bad press surrounding private credit funds are not reasons to avoid BDCs. In fact, we think it’s a reason to consider it. https://t.co/6Y7p6tBCYk
AI Measurement Framework Redefines ARR for CFOs
I'm climbing Mt. ARR in San Francisco today. Join me? Agentic AI and outcome-based pricing are changing the ARR game, though. I just released: The Four Layers of AI Measurement: A CFO’s Framework You can catch it here: https://lnkd.in/g-dAKKVh I...
LFCR Undervalued; Upcoming Site Transfers Could Drive 25% Margins
$LFCR beaten down again on fears of equity issuance, lingering preferred concerns, and general liquidity worries. They have enough liquidity to cover the preferreds. Debt is not a concern as of yet. Meanwhile, the company has reported 5 site transfers in the...
Broker Loans: Step‑by‑Step Payment Flow Explained
“How a broker loan works: 1. Buyer creates a loan agreement... 2. Broker gives a credit memo... 3. The buyer submits the credit memo to the seller... 4. The seller pays the broker with the credit memo... 5. The buyer...
Capital Stack-to-EBITDA Ratio: The Overlooked Buying Metric
Total capital stack to EBITDA ratio is one of the most overlooked ratios in the business buying world.
Fluent Software Group Expands Into Australian Benefits Market
Valsoft’s Fluent Software Group Enters the Australian Workforce Benefits Vertical with the Acquisition of Eziway https://t.co/FlaQc1WZ2C https://t.co/jHJvWlndz3
Spot Winning M&A and Buybacks with 10 Essential Charts
Billions of dollars are wasted every year on bad M&A and poorly timed buybacks. Michael Mauboussin’s updated 2025 paper on Capital Allocation explains exactly why – and how to spot the winners before the market does. I’ve distilled his latest research...
TSMC Cashes Out, Sells Remaining Arm Stake for $231M
Taiwan Semiconductor $TSM has sold its remaining stake in Arm Holdings $ARM TSMC Partners sold 1.11M ARM shares at an average price of $207.65 per for a total of ~$231 Million
AI's Potential Impact on Software P&L Unveiled
Another killer slide from the Redpoint Market Update. Line-by-line view of potential impact of AI on software P&L. https://t.co/4f0DdZV4yw
First Prop Firm Audited Shows 98% Hourly Payouts
🤔 Will more prop firms step up and subject themselves to voluntary audits? Drop your take below 👇
AA's $111M Profit, Execs Pocket $50M
American Airlines Made Just $111 Million — Top Officers And Board Got $50 Million - View from the Wing https://t.co/5rUZ7VzT9Y
New Forecasting System Boosts Decisions, ROI, Saves Money
I'm officially launching my first new program in over 1 year. It's a completely new high-performance forecasting system that is built from the ground up to help you: 1. Make business decisions 2. Generate ROI 3. Actually save your company money $$$. Here's what's...
CFOs Resist Cutting Dividends, Missing Value Opportunities
Why do companies struggle to maximize value per share? Well, they don't truly understand their capital allocation toolkit and the concept of opportunity cost. For instance, according to Michael Mauboussin, 60% of CFOs wouldn't cut a dividend even for a value-creating...
Focus on Profit Impact, Not Revenue Share, of Top Customers
FWIW - Analysts need to stop asking companies what percentage of their revenue comes from the top of the K and start asking them what percentage of their profits the top contributes to the bottom line.
CEO Exit Signals Possible Sale, Limited Upside
$RYAM setup looks diabolical. Company exploring a sale and just let go of the CEO. Not just any CEO, a big shot turnaround hire brought in just this January. Back in November, 5% shareholder AIP lobbed a strategic bid at $11-12/share. Rejected...
Advent Sells Idemia Public Security to Amadeus for €1.2bn
Advent International exits Idemia Public Security in €1.2bn all-cash sale to Amadeus Read more here: https://t.co/ile1tDlmZu https://t.co/oXkztqSF1v
Risky Asset Inflows Outpace Safe Funds in Four Weeks
Over the past 4 weeks, flows into risky asset funds have overwhelmed those into safe asset funds. Goldman Sachs via WallStJesus
Soft Results, yet Cash Rises and Dividend Increases
#W7L results a bit soft. Net Cash £17.3m (up). Increased Dividend to 13p for the year (7.4% on 175p). Brand Architekts integration appears to be going well. Products into new Retailers in many countries. Signs of recovery in April...
Porr Approves up to 10% Share Buyback
$POS Holding Equity Small Caps FI Porr authorizes share buyback of up to 10% of share capital
SDG's Cheap Shares Demand
#SDG too cheap https://t.co/vPrlSyJp9i …but they really need to buy back & cancel shares rather than just buy a few & give them to themselves https://t.co/J6pURfWIHW
Eco Recycling Posts ₹2,377 Lakh FY26 Profit, Expands Ownership
Eco Recycling FY26 Net Profit at ₹2,377 Lakhs Eco Recycling Limited reported net profit of ₹2,377 lakhs for FY26, with revenue from operations at ₹4,818 lakhs. The Board approved audited financial results and acquisition of remaining stake in subsidiary Ecoreco Park...
US Treasury Cracks Down on Iran's Crypto Shadow Banking
🚨JUST IN Treasury Secretary Scott Bessent just said: “The Treasury Department, through Economic Fury, has targeted Iran’s international shadow banking infrastructure, access to crypto.” https://t.co/yQ6SEjcmVQ
Forecasting Turns Unpredictable Dips Into Stable Growth
Some “bad months” are not market problems. (Home Decor eCommerce) $4M/month… great months followed by sudden dips. Demand was there. Predictability wasn’t. We built forecasting systems → revenue stabilized at $4.8M.
CEOs Overlook Benefit Contracts, Missing Easy Cash Flow
Don't you wish CEOs knew what was in their HC benefits, brokers and consultants contracts? I bet they can add more cash flow by paying attention to this than 90 pct of the things they want to do for...
ERP Rollout Triggers Sharp Sales and Profit Decline
ERP system launch in Q4 2025 led to severe financial setbacks: net sales down 11%, EBITDA down 46%, EPS nearly halved, and gross profit margin dropped from 41% to 34.6%. This resulted in decreased revenue and profit, the opposite of...
Budget Smarter by Funding Desired Outcomes First
RT @VisionEdgeMktg ✅ Smarter budgeting starts with asking: “What outcome are we funding?” https://t.co/XXzPAk5YeC #budget #smartbusiness #businessdiscipline
2020‑Peak US Bonds Lose 30‑50% Real Value
If you bought 10 year US bonds near the peak in 2020, on an after inflation basis, you're still down 30% six years later. If you bought 30 year US bonds instead, you're down over 50%.
Figure Weighs SPAC Revival for Triple‑dip Gains
Should Figure run a SPAC? “The goal here is to triple dip. We can make money for Figure shareholders on the SPAC economics, we drive more usage on the Figure ecosystem and we get another listing on OPEN.” 🤔 maybe they should...
Starbucks Margins Rise Thanks to Growth and Cost Discipline
Starbucks margins are up "We have more work to do, but we're pleased to see the combination of our comp growth and cost discipline starting to show up in margins" - CFO https://t.co/9xXd09aYXO
Ares Capital Logs $357M Unrealized Losses, Market‑Driven Write‑
Ares Capital $ARCC is the first private credit fund to report Q1 results. Net unrealized losses were $357 million. The top 3 writedowns were loans to Cornerstone OnDemand, Symplr and DigiCert, which are all software companies owned by Clearlake Capital. None...
Caesars Vegas Stagnates: Revenue and Income Flat YoY
Caesars Las Vegas property numbers Q1 2025 -> Q1 2026 - Net revenue: $1.3 billion -> $1.3 billion - Net income: $177 million -> $176 million - AEBITDA: $433 -> $426 Consistently flat year-over-year performances for one of the Strip's major operators
Link Cyber Risk Directly to Financial Outcomes, Not Just Controls
How are you actually measuring cyber risk today? Frameworks are helpful, but they don’t always translate cleanly to business impact. Are you tying risk to financial outcomes or still working mostly in controls and maturity?
Survey Flags High Credit Risk, yet IG Spreads Stay Low
In @steveliesman FOMC survey, 70% of respondents labeled systemic credit risk as "extremely elevated or "somewhat elevated." How can you possibly square that with IG credit spreads 80bps in the bottom quintile? https://t.co/1lJyASMnM1
Rule of 40 Shifts to Rule of 60—Adapt Now
Why The Rule of 40 is Becoming the Rule of 60 -- and What You Can Do About It. https://t.co/QE1Gu6h7Fn
JPM’s Private Credit Push Exploits Peers’ Public Warnings
Dimon: "Some firms may be brilliant, but I guarantee you not all 1,000 of them are." $JPM this month: launching a multi-billion dollar private credit strategy. The playbook: warn publicly, build privately, take share when peers stumble.
Treasury Warns Banks: Chinese Refineries Buying Iranian Oil Risk Sanctions
US Treasury publishes an "alert," warning banks about the sanctions risks of dealing with independent Chinese oil refineries ('teapot') due to their purchases of Iranian oil. (I have my doubts about the efficiency of the alert, considering yuan-based payment for Iranian...
Braintree Town's £1.2m Debt Fueled by Director Loans
Braintree Town lost £165k in 2024/25 taking total losses to over £1.2m. Like most clubs at that level they are reliant on benefactors to keep the lights on and in their case it is interest free loans from current and former...
OneStream’s Pre‑Built Connectors Enable Seamless ERP Consolidation
Unlock seamless financial consolidation. Pre-built connectors automatically link OneStream to leading ERPs like SAP S/4HANA, Oracle Fusion, and Microsoft Dynamics, drawing crucial data from your core systems. #ERP #FinanceTech https://t.co/jE6UQblbI2
Kyriba Brings USDC Digital Dollars Into Corporate Treasury
Kyriba is one of the largest and most important players in managing and automating corporate treasury infrastructure for several thousand companies including many of the Fortune 100. Their integration of USDC and Circle infra into their platform unlocks digital dollars for...
Companies Deploy Ongoing Share Buyback Strategies
Ongoing Buyback Strategies Wipro Buyback Strategy https://youtu.be/eAf0E_iMZEY Windlas Biotech Buyback Strategy https://youtu.be/-E9WY7CQm2Y Cyient Buyback Strategy https://youtu.be/gu3f6Qx-kiA Rolex Rings Buyback Strategy https://youtu.be/KtGwWaxkRlk EMA Partners Buyback Strategy https://youtu.be/Nm0Yrz3h27M
CVC Eyes $9.7bn Nexi Buyout Amid Political Pushback
Takeover in focus: @CVC_Capital circles Nexi again, with $9.7bn take-private facing political resistance Read more here: https://t.co/VXOBxxkFzH https://t.co/857KVTxi21
Beijing Pushes BYD to Speed Supplier Payments, Exposing Financing Tactic
“BYD has also come under pressure from Beijing to pay thousands of suppliers faster, raising questions over its longstanding practice of using money owed to suppliers as a form of low-cost finance to fund its growth” — FT
Claude AI Boosts Financial Analyst Productivity
Top 5 Ways to Use Claude AI in a Financial Analyst Role 👇 1. Financial Report Analysis – Summarize earnings reports, extract key insights, and identify trends quickly. 2. Data Interpretation & Insights – Convert raw financial data into clear explanations and...
Buffett‑Munger Pick Todd Combs Leads $10B JPM Resilience Fund
Buffett + Munger handpicked Todd Combs (he made some of the most successful investments at Berkshire Hathaway) After being on JPM’s Board so did Jamie Dimon Now Todd is running an initial $10 billion (likely to be much larger) for JPM's security +...
Trump’s Spirit Deal Sets New Restructuring Playbook
Trump's offer for Spirit: $500M 1L loan, 90% of the equity via warrants. Bondholders fighting over the leftover 10%. This is the new restructuring playbook.
Oregon Offers Incentives, Enables First New Banks in 18 Years
Oregon Incentivizes New Bank Formation, Opening Door for First De Novo Banks in 18 Years - Las Vegas Sun News https://t.co/idYqqX0q5m
ECB Inaction Could Erode Short‑term Euro Bond Yields
If the ECB does not deliver the almost 70 basis points, or 0.7 percentage points, of rate hikes that markets expect this year, the current yields on short-term European government bonds may not stick around https://t.co/QLIVYNAWdI https://t.co/Te5FjKUzWR
Track ARR, Signups, and Happiness Before NRR
NRR is the ultimate SaaS metric. But it’s lagging—especially with annual contracts. So what should you track early on? George Nichkov shares how they balance ARR growth, signups, and customer happiness. Watch 👇 https://t.co/rBv5AOvECt #SaaS #Metrics https://t.co/hiwfgPrqew
Historical 10‑Year Growth ~6%—Most DCFs Overestimate
Most 10-year DCF models assume sustained double-digit growth. Historical base rates suggest a different reality. 📉 For the typical Russell 3000 company (1984-2020), the median 10-year sales growth is just 6.2%. Even in Tech, that median drops to 7.2%. If your "conservative"...
Cash Flow Must Cover Wage, Debt, and ROI
The three objectives you need to achieve from the cash flow of a #smallbiz: 1. Take home a wage 2. Service debt 3. Receive an adequate ROI. If you can’t achieve all three, yet proceed with a deal, you’re just...