Latest news with #CainInternational
Bloomberg
08-04-2025
- Business
- Bloomberg
Trump Threatens More China Tariffs As Stocks Rebound
Stocks staged a modest recovery as investors looked for dip-buying opportunities while awaiting clarity on how President Donald Trump's trade policies will play out. Shares in Europe rebounded from their worst three-day loss in five years, while US futures point to gains on Wall Street following Monday's wild swings. Late Monday, President Trump threatened to slap additional 50% import taxes on China, while readying negotiations with Japan and Israel, leaving markets struggling to grasp his intentions for his sweeping tariff plans. Also on the show today, Hungarian Foreign & Trade Minister Péter Szijjártó says the country is negotiating a bilateral economic framework with Donald Trump. Today's guests: Wei Li, Blackrock; Jonathan Goldstein, Cain International, CEO; Peter Szijjarto, Hungarian Foreign Minister; Maya Bhandari, Neuberger Berman (Source: Bloomberg)
Yahoo
07-03-2025
- Business
- Yahoo
VICI Properties (NYSE:VICI) Announces US$0 Dividend Per Share for Q1 2025
VICI Properties recently declared a regular quarterly cash dividend of $0.43 per share, likely influencing its share price movement, which rose 7% in the past month. The dividend announcement, alongside the company's strategic partnership with Cain International and Eldridge Industries LLC for the One Beverly Hills development, reflects VICI's commitment to shareholder value and growth in the real estate sector. Despite a dip in their fourth-quarter net income, the annual performance saw increased revenue and net income for 2024, suggesting resilience in challenging economic conditions. Meanwhile, broader market indices faced declines amidst economic concerns and tariff-related uncertainties, which underscores VICI's solid performance against a volatile market backdrop. While the Dow Jones Industrial Average and S&P 500 logged significant weekly losses, VICI's strategic initiatives and continued dividend commitment might have provided investors with confidence, contributing to its positive price movement during a period when the overall market showed signs of instability. Unlock comprehensive insights into our analysis of VICI Properties stock here. Over the past five years, VICI Properties' total shareholder returns amounted to 156.49%, showing significant growth when compared to broader market trends. Several key factors contributed to this performance. A consistent dividend policy, including a recent affirmation with payouts such as US$0.4325 per share, underscores its commitment to shareholder value. Major strategic partnerships, like the one with Cain International and Eldridge Industries for the One Beverly Hills development, reflect VICI's strategic focus on growth in the experiential real estate sector. Further, robust earnings growth has been a major driver, with profits increasing significantly by 34.2% per year over this period. Despite recent deceleration in profit growth, VICI still outperformed the US Specialized REITs industry. It also demonstrated financial acumen through successful follow-on equity offerings raising substantial capital, such as the US$948.5 million in May 2024, helping bolster its investment capacity. See whether VICI Properties' current market price aligns with its intrinsic value in our detailed report Analyze the downside risks for VICI Properties and understand their potential impact—click to learn more. Invested in VICI Properties? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:VICI. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Bloomberg
19-02-2025
- Business
- Bloomberg
Bloomberg Markets 02/19/2025
"Bloomberg Markets" follows the market moves across every global asset class and discusses the biggest issues for Wall Street. Today's guests: Bloomberg's Mark Gurman and Cain International Co-Founder and CEO Jonathan Goldstein. (Source: Bloomberg)
The Independent
12-02-2025
- Business
- The Independent
Todd Boehly and investors ‘ideal fit' for Trent Rockets
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story. The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it. Your support makes all the difference. Chelsea co-owner Todd Boehly's Cain International group and fellow investors Ares Management Credit are an 'ideal fit' for Trent Rockets, according to Nottinghamshire chair Andy Hunt. Rockets, who are based at Nottinghamshire's Trent Bridge, became the seventh of the eight Hundred teams to go to auction and attracted a winning bid for a 49 per cent minority holding. Boehly had shown early interest in Lord's outfit London Spirit – which eventually drew a startling overall valuation of more than £290million. However, alongside Ares – whose existing sporting portfolio includes investments in Inter Miami, McLaren Racing and Atletico Madrid – the Cain International group has now agreed to pay nearly £40m for a stake in Trent Rockets. The two parties will enter an eight-week period of exclusivity, with due diligence and legal checks, after which the deal is expected to be finalised, which will see Cain and Ares acquire a 49 per cent stake in the Rockets. Nottinghamshire will retain the majority 51 per cent holding. 'The experience of Cain and Ares in helping businesses in recreational and leisure sectors to grow, and their focus on delivering long-term benefits, made them an ideal fit for this investment,' Hunt said. 'The Hundred has been an undoubted success in Nottingham – welcoming a diverse audience, attracting some of the world's best players and delivering an experience for supporters that is unrivalled on these shores. 'This investment, alongside those in other competing teams, will both help to safeguard the future of our 18-county system and elevate The Hundred to ensure it is able to thrive as one of the finest competitions of its kind worldwide.' Cain International chief executive Jonathan Goldstein – a director on the Chelsea board – is confident the Rockets can build towards further success in the Hundred, with the men's side having won the 2022 title at Lord's. 'Trent Rockets is a team with a strong heritage and an exciting future, and we are thrilled to be part of that journey,' he said. 'We look forward to working with the team to build on its success and deepen its impact in Nottingham and beyond.' Based on the figures for the Rockets deal, the full 100 per cent of the side would come to just under £80m. That means the running tally of valuations for the seven Hundred teams stands in the region of £850m, with Southern Brave set to follow close behind. Delhi Capitals owner GMR – which recently bought out the Brave's host county Hampshire – is heavily favoured to tie up that deal and complete an astonishing influx of money into the English and Welsh game.
The Hill
11-02-2025
- Business
- The Hill
Chelsea co-owner Boehly to invest in cricket with stake in Trent Rockets franchise in The Hundred
Chelsea part-owner Todd Boehly is looking to buy a slice of another English sports team — this time in cricket. Cain International, a company co-funded by the American businessman, is paying 40 million pounds ($50 million) for 49% of Trent Rockets, a franchise in a tournament called The Hundred, according to widespread reports in the British media. Neither Trent Rockets nor Cain International have publicly commented on the deal, which now enters a period of exclusivity between the parties before being finalized. Boehly, who also part-owns the Los Angeles Dodgers, has been part of Chelsea's ownership since May 2022 after he fronted the $3.2 billion purchase of the Premier League soccer team with Clearlake Capital from the club's long-time owner, Russian oligarch Roman Abramovich. Auctions of the eight franchises in The Hundred, which has been running since 2021, have attracted investors from India, Silicon Valley and New York over the past few days, likely earning the England and Wales Cricket Board more than 500 million pounds ($620 million) to reinvest in the domestic game. The successful investors have all bought a minimum 49% share of the franchises, which are currently owned by affiliated county teams. The Hundred is a shorter form of cricket — each team faces 100 balls — that can compare to the Twenty20 format, which is played in the popular Indian Premier League among other places. Boehly and Behdad Eghbali, the co-founder of Clearlake Capital, have reportedly been engaged in a power struggle at Chelsea. There are reports the two factions want to buy each other out.
