Latest news with #BKD
Hans India
5 days ago
- Politics
- Hans India
Malik's political journey: From loyalist to controversial critic
New Delhi: Veteran politician Satyapal Malik's five-decade-long political career spanned across multiple political parties and included several high-profile gubernatorial appointments before he transitioned into an outspoken critic of the very establishment he had served. He served as the governor of four states -- Bihar (2017), Jammu and Kashmir (2018), Goa (2019), and Meghalaya (2020). But his most impactful assignment commenced in August 2018, when he was named the governor of Jammu and Kashmir. The tenure saw two significant events -- the 2019 Pulwama attack in which 40 CRPF personnel lost their lives, and the August 5, 2019 revocation of Article 370 and the division of the erstwhile state into two Union Territories—Jammu and Kashmir and Ladakh. Malik was the last governor of the state of Jammu and Kashmir. Malik, 79, who had been hospitalised for some time, passed away in a Delhi hospital on Tuesday, which marks the sixth anniversary of Article 370 revocation. Though he rose to prominence as a loyalist in the BJP, his recent years have been characterised by his vociferous condemnation of the central government's policies, reworking his public image from that of a seasoned administrator to that of a vocal dissident. From J-K, he had been relocated to Goa, where his relationship with the state government soured as he was openly critical of its COVID-19 response and accused it of corruption. His term in Goa came to an abrupt halt and he was posted to Meghalaya, his final assignment. On retirement from governorship, he publicly confronted the central government over crucial matters, which included a contention that the Pulwama attack was an outcome of governmental indifference, and vocally backed the farmers' protests against the three central laws, contending that the government had not listened to them. During his last days of life, Malik was also named in the CBI chargesheets filed in May this year in connection with the alleged corruption in the Rs 2,200 crore Kiru Hydro power project. He strongly refuted the charges from his hospital bed, calling it "political vendetta". Malik was born on July 24, 1946, in the Baghpat district of Uttar Pradesh. His political journey started as a student leader with socialist ideology but his career was later characterised by party hopping as he switched from the Bharatiya Kranti Dal (BKD) to the Congress, then the Janata Dal and finally the BJP. The Jat leader was first elected to the Uttar Pradesh Assembly in 1974 on Charan Singh's BKD party. Malik was elected twice to the Rajya Sabha -- from 1980 to 1986 and then from 1986 to 1989 -- before he decided to contest the Lok Sabha elections on the Janata Dal ticket. He won from the Aligarh parliamentary seat. The then VP Singh government appointed him as the Union Minister of State for Parliamentary Affairs and Tourism. After the fall of the VP Singh government and the subsequent turmoil in the Janata Dal, Malik switched to the BJP, where he became a party vice-president and also acted as in-charge of its Kisan Morcha (farmers' cell).
Yahoo
11-07-2025
- Business
- Yahoo
RBC Capital Maintains a Buy on Brookdale Senior Living (BKD) With a $9 PT
Brookdale Senior Living Inc. (NYSE:BKD) is one of the 13 Best Healthcare Stocks to Buy Under $10. In a report released on July 8, Ben Hendrix from RBC Capital maintained a Buy rating on Brookdale Senior Living Inc. (NYSE:BKD) with a price target of $9.00. A supportive smile shared between a care facility staff member and a resident with Alzheimer's or Dementia. In its June report, Brookdale Senior Living Inc. (NYSE:BKD) reported a notable improvement in its occupancy rates for the month, with a weighted average occupancy of 80.5%. This marks a rise of 230 basis points year-over-year and 50 basis points sequentially. The company also reported that the month-end consolidated occupancy reached 82.2%, suggesting effective sales execution and strong demand. These trends highlight the company's standing in the senior living industry. Brookdale Senior Living Inc. (NYSE:BKD) operates senior living communities. The company focuses on assisted living, dementia-care communities, independent living, and continuing care retirement centers. Its operations are divided into the Independent Living, Assisted Living and Memory Care, and CCRCs segments. While we acknowledge the potential of BKD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. 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
Yahoo
03-06-2025
- Business
- Yahoo
2 Russell 2000 Stocks to Consider Right Now and 1 to Avoid
The Russell 2000 (^RUT) is packed with potential breakout stocks, thanks to its focus on smaller companies with high growth potential. However, smaller size also means these businesses often lack the resilience and financial flexibility of large-cap firms, making careful selection crucial. Picking the right small caps isn't easy, and that's exactly why StockStory exists - to help you focus on the best opportunities. That said, here are two Russell 2000 stocks that could be the next breakout winners and one that may face some trouble. Market Cap: $1.49 billion With a network of over 650 communities serving approximately 59,000 residents across 41 states, Brookdale Senior Living (NYSE:BKD) operates senior living communities across the United States, offering independent living, assisted living, memory care, and continuing care retirement communities. Why Do We Think Twice About BKD? Customers postponed purchases of its products and services this cycle as its revenue declined by 4.8% annually over the last five years Low returns on capital reflect management's struggle to allocate funds effectively Unfavorable liquidity position could lead to additional equity financing that dilutes shareholders At $6.36 per share, Brookdale trades at 3.3x forward EV-to-EBITDA. To fully understand why you should be careful with BKD, check out our full research report (it's free). Market Cap: $3.98 billion The first-ever Colombian company to trade on the NASDAQ, Tecnoglass (NYSE:TGLS) is a manufacturer of architectural glass, windows, and aluminum products. Why Could TGLS Be a Winner? Market share has increased this cycle as its 17.5% annual revenue growth over the last five years was exceptional Excellent operating margin of 27.3% highlights the efficiency of its business model, and its profits increased over the last five years as it scaled Earnings growth has trumped its peers over the last five years as its EPS has compounded at 43.6% annually Tecnoglass's stock price of $84.69 implies a valuation ratio of 20.4x forward P/E. Is now the right time to buy? See for yourself in our comprehensive research report, it's free. Market Cap: $3.89 billion Listed on the NASDAQ in 2008, Primoris (NYSE:PRIM) builds, maintains, and upgrades infrastructure in the utility, energy, and civil construction industries. Why Do We Like PRIM? Market share has increased this cycle as its 16.2% annual revenue growth over the last two years was exceptional Demand is greater than supply as the company's 148% average backlog growth over the past two years shows it's securing new contracts and accumulating more orders than it can fulfill Earnings per share grew by 27% annually over the last two years, massively outpacing its peers Primoris is trading at $72.11 per share, or 16.1x forward P/E. Is now the time to initiate a position? Find out in our full research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free. Sign in to access your portfolio
Associated Press
09-04-2025
- Business
- Associated Press
Antipodes Calls for a Strategic Update and Corporate Governance Improvements at Brookdale Senior Living Inc.
Antipodes Partners Ltd., a Sydney-based global asset management firm currently overseeing approximately US$13 billion in client assets, has issued a letter to fellow shareholders and the Board of Directors of Brookdale Senior Living (NYSE: BKD). This press release features multimedia. View the full release here: The asset manager highlights attractive fundamentals of the senior housing industry and estimates that the intrinsic value of BKD shares may exceed $30 per share, compared to a 52-week trading range of $4.45 to $8.12. Antipodes expresses concern that it may not be alone in recognizing the significant disparity between the company's intrinsic value and its share price, and asserts that the Board and management ought to take more decisive action to address this gap. The firm contends that continued inaction may expose existing BKD shareholders to the risk of a potential change of control at a premium which, although appearing consistent with the recent trading range, would reflect a valuation substantially below the intrinsic worth of BKD's property assets and lease management rights. Antipodes' letter outlines a series of recommended actions for the Board's consideration and calls upon management to deliver a forward-looking strategic update that clearly defines the intrinsic value of the company's property portfolio and sets forth a long-term growth strategy. About Antipodes Partners Ltd. Established in 2015, Antipodes is a Sydney-based investment manager that specializes in global and emerging markets shares. SOURCE: Antipodes Partners Ltd. Copyright Business Wire 2025. PUB: 04/09/2025 08:00 AM/DISC: 04/09/2025 08:00 AM
Yahoo
06-03-2025
- Business
- Yahoo
Brookdale Senior Living Shares Rise 7% as Ortelius Pushes for Board Overhaul
Shares of Brookdale Senior Living Inc. (BKD, Financials) rose 7% to $6.00 as of 3:35 p.m. GMT-5 on Wednesday after activist investor Ortelius Advisors nominated six candidates for the company's board, citing years of underperformance. Warning! GuruFocus has detected 6 Warning Signs with BKD. With just 1.3% of Brookdale's outstanding shares, Ortelius stated the business had fallen short of its 2018 turnaround expectations. The company said that under current leadership Brookdale's financial performanceincluding occupancy rates, net operating income, and free cash flowhas dropped. Lagging behind the larger senior home market, Ortelius claims Brookdale's occupancy rate dropped from 85.2% in 2018 to 79.4% in 2024. While adjusted EBITDA margin went from an annual average of 14.8% between 2011 and 2017 to 9.4% from 2018 to 2024, the net operating income margin of the firm plummeted from 32.5% to 26.8% during the same time. From $304 million in 2011-2017 to negative $660 million between 2018 and 2024, Ortelius also observed that cumulative free cash flow went negative. Over the previous seven years, Brookdale's stock price dropped 39%, greatly underperforming versus peers like Welltower (WELL, Financials), which experienced a 251% rise over the same time. Ortelius argues that Brookdale's real estate assets' value has not been unlocked by the company's senior leadership or board. It attacked earlier leadership remarks on the company's property ownership, pointing out that investors would not clearly gain from them. Experience in senior housing, real estate investment trusts, financial markets, and business turnarounds, the activist investor has proposed nominations in each area. The slate calls for Paula Poskon, founder of STOV Advisory Services and former REIT research analyst, and Steven J. Insoft, former chief business development officer at Omega Healthcare Investors Inc. (OHI, Financials). Other candidates include Frank Small, an investment professional with a background at KKR & Co. and Fortress Investment Group; Ivona Smith, a financial restructuring specialist; Steven Vick, co-founder of Pegasus Senior Living; and Lori Wittman, former CFO of Care Capital Properties Inc. Ortelius said that the board's little changessuch as replacing two directorshave been inadequate. It urged more general reorganization to enhance investor communications, capital allocation, and corporate governance. The nominees will be presented during Brookdale's annual meeting 2025. This article first appeared on GuruFocus. Sign in to access your portfolio
