Insider move for more shares follows Jonathan Chappell’s views on ‘underperformance’
Finance
Wells Fargo to sell rail leasing business
Wells Fargo will sell its rail leasing equipment business to a new joint venture of GATX Corp. and Brookfield Infrastructure, the financial company announced Thursday.
The joint venture will purchase approximately 105,000 railcars for $4.4 billion; Brookfield (NYSE: BIP) will separately acquire the Wells Fargo (NYSE: WFC) rail finance portfolio of approximately 23,000 cars and 400 locomotives, according to GATX.
“This transaction is consistent with Wells Fargo’s ongoing strategy of simplifying...
https://www.freightwaves.com/news/wells-fargo-to-sell-rail-leasing-business
How novel financing supported four-ship retrofitting project
Ten technologies, four vessels and 15% of the $127m project up front by owners
Braemar cuts executive bonuses to zero amid strategy reset
UK broker’s top two directors are £2.5m down on last year following decision by pay committee
‘A year and a half of underperformance’: Evercore ISI lets loose on NAT
Herbjorn Hansson’s suezmax pure play has failed to capitalise on a years-long bull run in tankers, says Jonathan Chappell
ECONOMY & MARKETS : Trade Wars: Risks for the Global, Peripheral and Greek Economy (29.05.2025)
ECONOMY & MARKETS
The Eurobank Research Bulletin
Trade Wars: Risks for the Global, Peripheral and Greek Economy
The Economic Analysis and Research Unit of Eurobank published today a study entitled “Trade Wars: Risks for the Global, Peripheral and Greek Economy”, to which all of the Unit’s analysts contributed. Tariff increases have the potential to incur a deceleration of global trade, investment and growth, although possible losses are not equally divided among countries and areas; effects on...
Semiramis Paliou-led Diana Shipping posts narrow profit and keeps steady dividend
Bulker owner manages to stay in the black in typically weak first quarter
Shipbroker Braemar committed to London listing despite share price frustrations
Undervalued stock price has hindered potential acquisitions in the last year
Market Report: Legal challenge to Trump tariffs and tech earnings lift investors’ spirits
- US court slams brakes on tariffs
- Global markets react positively
- Brent crude prices rise
- Investors weigh up concerns from the latest Fed minutes. NVIDIA shares up 3.9% in after-market following strong Q1
- Salesforce inches up guidance after Q1 beat
- Tesla shares gain, as the Robotaxi launch approaches and Musk confirms DOGE departure
Derren Nathan, head of equity research, Hargreaves Lansdown:
“The Footsie looks set for a strong start after the US Court of International Trade ruled...
Coffee with George Economou: Shipowner recalls the rise and fall of DryShips
Dry bulk venture opened the floodgates for competitors in the US capital markets. The party couldn’t last