Agco CEO: We've been managing our costs and inventories proactively
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Sportradar Group AG (SRAD)'s Got All The Data For Gambling, Says Jim Cramer
We recently published . Sportradar Group AG (NASDAQ:SRAD) is one of the stocks Jim Cramer recently discussed. Sportradar Group AG (NASDAQ:SRAD) is a technology company that provides online betting, gaming, and other services. The shares have gained 78.6% year-to-date and have gained 11.9% since the firm reported its second quarter earnings. Cramer previously invited Sportradar Group AG (NASDAQ:SRAD)'s CEO on his show Mad Money and outlined that the firm was a 'gem.' This time, he commented on the firm's advantage of having the data for gambling: 'And then I have Sportradar, it's one of these companies that's [inaudible] but they have got all the data for gambling. I'm doing a lot of the gambling stuff.' Here is what Cramer said about Sportradar Group AG (NASDAQ:SRAD) earlier on Mad Money: 'Regular viewers know that I'm a big believer in online sports betting plays like DraftKings […] We spent a lot of time talking about the soft stuff, but the numbers here are really pretty great. […] I want to thank our viewer that came to us with this because holy cow, this one's a gem.' While we acknowledge the potential of SRAD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
CNBC
an hour ago
- CNBC
Student loan forgiveness program has a 72,730-person backlog. Here's what borrowers need to know
There's a way for student borrowers pursuing Public Service Loan Forgiveness to get their debt wiped away sooner than they might have expected. But that program, called PSLF Buyback, has been experiencing some challenges of late. Chief among them: As of July 31, there's a 72,730-person backlog of borrowers waiting to have the Department of Education process their applications, according to a new court filing. That's up from 65,448 borrowers as of the end of June. Some of the borrowers CNBC has spoken with have been waiting for half a year or more for answers. Others have only a few months' payments to make. PSLF, which President George W. Bush signed into law in 2007, allows certain not-for-profit and government employees to have their federal student loans canceled after 120 payments, or 10 years. Here's what borrowers need to know about PSLF Buyback. The Biden administration first offered PSLF Buyback in the summer of 2023. The opportunity allows borrowers who've hit 120 months of qualifying public service employment to submit a request to the Education Department to retroactively pay for — or "buy back" — any months they missed because of a forbearance or deferment. During those payment pauses, borrowers often don't get credit toward PSLF. After you've submitted your buyback request, the Education Dept. is supposed to send you an offer letter. That should include the number of monthly payments you missed during your public service history, and a chance to pay that bill now in exchange for student loan forgiveness. More from Personal Finance:Trump floats tariff 'rebate' for consumersStudent loan forgiveness may soon be taxed againStudent loan borrowers — how will the end of the SAVE plan impact you? Tell us How the government calculates your missed monthly payments is complicated, said higher education expert Mark Kantrowitz. But it's usually based on your bills before and after the period during which you weren't making qualifying payments, Kantrowitz said. Some people who had low incomes are eligible for zero-dollar payments, and they might [not?] have to pay anything to get their debt cleared. Once you get the offer letter, Kantrowitz said, "You must pay the amount to your loan servicer within 90 days." You can apply for the Buyback program through the PSLF Reconsideration portal on your Federal Student Aid account, said Nancy Nierman, assistant director of the Education Debt Consumer Assistance Program in New York. Consumer advocates recommend keeping track of when you submitted your buyback request (you should receive a confirmation email) and your recorded number of qualifying PSLF payments, so far. That number should be accessible on your student loan account. Buyback applications have piled up under the Trump administration. The latest court filing shows 72,730 PSLF buyback requests were pending with the government as of the end of July. The bottleneck has only worsened since June, when 65,448 applications were under review by the Trump administration. In May, the backlog was close to 59,000. (The Education Dept. has regularly shared the data on pending buyback requests as part of a lawsuit the American Federation of Teachers filed against it. The teacher's union alleges the agency is blocking borrowers from their rights.) "The main issue with the PSLF Buyback program is that it is apparently a labor-intensive process to review these forms, and there isn't a lot of resources dedicated to the program," Nierman said. "So it could take a very long time for borrowers to get a response." More from Personal Finance:Trump floats tariff 'rebate' for consumersStudent loan forgiveness may soon be taxed againStudent loan borrowers — how will the end of the SAVE plan impact you? Tell us The Buyback program became especially popular after courts blocked the Biden-era Saving on a Valuable Education, or SAVE, plan in the summer of 2024. Millions of student loan borrowers who signed up for SAVE were automatically enrolled in a forbearance. Those borrowers found their progress towards PSLF frozen throughout the SAVE payment pause, even as they continued to work in eligible public service. "The Department is working its way through this backlog while ensuring that borrowers have submitted the required 120 payments of qualifying employment," said Ellen Keast, deputy press secretary at the Education Department. Despite the delays, "if you are eligible for the Buyback, there's no harm in submitting the application," Nierman said. "But if you can afford payments in other repayment plans, don't rely solely on the Buyback to get you to 120 qualifying payments, particularly if you only need a few months of credit to reach forgiveness," she said. You can apply for Buyback and also submit paperwork to switch into another repayment plan at the same time. While you can remain in the SAVE forbearance for now, borrowers' debts began accruing interest again on Aug. 1. If you continue making payments on your loans after you've applied for a buyback offer, or if the Education Department finds you've made more than the required 120 qualifying payments for PSLF, you're entitled to a refund from the government, Kantrowitz said. He's heard from people who've gotten one in this scenario. If you're running into issues with your PSLF Buyback request, you can file a complaint with the Education Department's feedback system at Problems can also be reported to the Federal Student Aid's Ombudsman, said Kantrowitz. But after the Trump administration's layoffs at the Education Department, "I think there are only one or two people answering complaints right now," said Stephanie Sampedro, who used to work in the Federal Student Aid office at the agency. Sampedro was terminated in March. "It might be more effective to complain to their congressmembers," Sampedro said. Jaylon Herbin, director of federal campaigns at the Center for Responsible Lending, recommended filing a complaint with your state attorney general's consumer protection office and the Consumer Financial Protection Bureau. "Document everything," Herbin added. "Keep records of payments, correspondences and account changes."
CNBC
an hour ago
- CNBC
Fed should cut rates but they're weighing inflation more than employment, says Apollo's Torsten Slok
CNBC's Steve Liesman and Torsten Slok, Apollo partner and chief economist, join 'Closing Bell' to discuss the Federal Reserve's dual mandate, which part of that mandate the central bank is focused on and much more.
