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Costamare (CMRE) Gets Initiated With a Hold Rating at Fearnley
Costamare (CMRE) Gets Initiated With a Hold Rating at Fearnley

Yahoo

time6 days ago

  • Business
  • Yahoo

Costamare (CMRE) Gets Initiated With a Hold Rating at Fearnley

Costamare Inc. (NYSE:CMRE) is one of the best shipping and container stocks to invest in now. On June 27, Fearnley initiated coverage of Costamare Inc. (NYSE:CMRE) with a Hold rating and $9.80 price target. A large shipping container vessel with cranes in motion on the open sea. Costamare Inc. (NYSE:CMRE) reported $95.0 million in net income available to common stockholders for fiscal Q1 2025, translating to $0.79 per share. Adjusted net income available to common stockholders for the quarter reached $73.3 million, or $0.61 per share. The company also provided owned-fleet charter updates, reporting that 100% and 73% of the containership fleet is fixed for 2025 and 2026, respectively. Costamare Inc. (NYSE:CMRE) is a holding company that provides containership chartering. The company's operations are divided into the following segments: Container Vessels, Dry Bulk Vessels, CBI, and NML. While we acknowledge the potential of CMRE 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.

Wimbledon 2025: Fonseca keeps his calm to beat Fearnley and enter second round
Wimbledon 2025: Fonseca keeps his calm to beat Fearnley and enter second round

The Hindu

time01-07-2025

  • Sport
  • The Hindu

Wimbledon 2025: Fonseca keeps his calm to beat Fearnley and enter second round

Brazil's Joao Fonseca displayed an ice-cool temperament to overcome a partisan crowd and a couple of rocky moments in his confident 6-4, 6-1, 7-6(5) win over Briton Jacob Fearnley as temperatures exceeded 30 degrees Celsius at Wimbledon on Monday. 'In summer, Rio is very, very hot. I'm more used (to it) than European people,' the 18-year-old said. The world No. 54, who has been rocketing up the rankings over the last year, said he was very nervous on his Wimbledon main-draw debut but it did not show. 'I think my serves helped me a lot with the nerves today. I served really well,' he said. At 4-4 and 0-40 down in the first set and with 51st-ranked Fearnley looking in good form, the ice set in and Fonseca rattled off the next 15 points in a row to take the set and hit the second set running. 'He was playing better,' Fonseca said. 'Probably if he broke me, he was going to do the set and things could go easier for him.' Fearnley threatened to get back into the match in the third-set tiebreak, going 5-2 up, but in similar fashion the Brazilian teenager found that steely cold temperament and produced two aces in a row. 'When he was serving 5-2, he made a double-fault. I said to myself, 'That's my chance',' Fonseca said. 'So very happy with the way I could manage the important points doing good serves and increasing the level.' Fonseca, a former junior No. 1, has a large and vocal following at home, but he heard only a couple of voices in Portuguese in the crowd on Monday. 'Normally I play with the crowd. The crowd is normally on my side,' he said, while adding that the spectators were respectful despite favouring his opponent.

Fearnley struggles as Fonseca underlines next big thing status
Fearnley struggles as Fonseca underlines next big thing status

South Wales Argus

time01-07-2025

  • Sport
  • South Wales Argus

Fearnley struggles as Fonseca underlines next big thing status

So perhaps it was only fitting that a boy from Brazil should flourish in the conditions; south-west London was more Rio de Janeiro than Dalkeith, which only spelled further disappointment for Scot Jacob Fearnley. Fearnley may start to question his luck at Wimbledon. Last year he ran into Novak Djokovic; this time it was the sport's next big thing. João Fonseca is enjoying a breakthrough season. The 18-year-old Brazilian claimed his maiden ATP title earlier this year and made an eye-catching Grand Slam debut by defeating then-world No 9 Andrey Rublev at the Australian Open. Fonseca had already got the better of Fearnley twice this season — in Indian Wells and Canberra — and again looked the stronger player here, winning 6-4, 6-1, 7-6 to advance with ease. Fearnley, who reached the second round on his Wimbledon debut last year and took a set off Djokovic, rose into the world's top 50 on the back of those performances. His recent third-round runs at both the Australian and French Opens have further underlined his Grand Slam potential. Yet Fonseca, ranked three places below Fearnley, is on an unmistakably upward trajectory. Unlike Gustavo Kuerten — the last Brazilian man to win a major — Fonseca appears to relish the grass, and has all the makings of a crowd favourite for years to come. Kuerten never hid his disdain for the grass-court season, squeezed awkwardly between Roland Garros, where he triumphed three times, and the North American hard courts. Fonseca, by contrast, looks entirely at ease. He is an aggressive baseliner who is unafraid to come forward, armed with a powerful forehand reminiscent of his idol, Roger Federer. Facing a home favourite at Wimbledon brings its own pressures, but the teenager - who beat four Argentinians en route to that maiden title in Buenos Aires - silenced the home crowd with maturity and flair. 'I knew what to expect coming in, and I didn't execute my game plan,' admitted Fearnley. 'It was a tough draw, and he played better than me, I didn't really play my best. 'He served really well; he backs himself, and that's something I need to improve on. I had a bad serving day, got off to a slow start, and never really recovered. I hit a lot of double faults, but that wasn't the real difference — I just needed to serve smarter. I kept going to his forehand, which was a silly mistake. 'Perhaps I shouldn't have put so much pressure on myself before the match, I think that worked against me in the end.' Fearnley didn't find his rhythm until the third set and should have forced a fourth, squandering a set point and an early lead in the tie-break. Still only 23, he is fast learning how unforgiving Grand Slam tennis can be when opportunities slip by. Defending ranking points from last year's second-round run, he is likely to slide slightly in the standings but remains focused on the hard court season and the goal of reaching the US Open main draw for the first time. His task now is to ensure he becomes more than a footnote in Fonseca's rise - and a serious rival in the years ahead. 'This means a lot, this has been my favourite Slam since I was a kid,' Fonseca said. 'I'm just sorry I had to beat a British guy. 'Jacob is a great friend and a great player, and I hope we have many more matches. I thought we were both nervous at the start. 'I've worked really hard since losing in the first round of qualifying here last year. There are no shortcuts — I've got belief, and I'm dreaming.' The moment Oliver Tarvet won on his Wimbledon main draw debut 😍 🎥 @Wimbledon — LTA (@the_LTA) June 30, 2025 Fearnley was last year's surprise first-round winner, rewarded with a Centre Court date against a former champion. This year, that baton passed to fellow Briton Oliver Tarvet. Ranked 733 in the world - the lowest-ranked player in the draw - Tarvet became the first British man in eight years to reach the main draw through three rounds of qualifying. He beat Swiss qualifier Leandro Riedi, a former world No 117, 6-4, 6-4, 6-4. The 21-year-old, who studies at the University of San Diego, cannot collect his guaranteed £93,000 prize money due to NCAA rules governing collegiate athletes in the United States. But money cannot buy the experience of a second-round tie with the defending champion, Carlos Alcaraz. 'I'm confident I can win against anyone and Alcaraz is no exception,' said Tarvet. 'He's done an incredible amount in the game and is a hard guy not to respect. But I'll treat it like any other match. I try to play the ball, not the player. I just won't let the moment get too big.' Elsewhere, Billy Harris — the 30-year-old from the Isle of Man, appearing in just his second Wimbledon — progressed to the second round for the first time with a 6-3, 6-2, 6-4 win over Dusan Lajovic. He will be joined there by fellow Briton Arthur Fery, who upset the 20th seed, Alexei Popyrin, 6-4, 6-1, 4-6, 6-4, and former semi-finalist Cameron Norrie.

Tennis-Fonseca uses his cool to reach Wimbledon second round
Tennis-Fonseca uses his cool to reach Wimbledon second round

Hindustan Times

time30-06-2025

  • Sport
  • Hindustan Times

Tennis-Fonseca uses his cool to reach Wimbledon second round

By Clare Lovell HT Image LONDON, - Brazil's Joao Fonseca displayed an ice-cool temperament to overcome a partisan crowd and a couple of rocky moments in his confident 6-4 6-1 7-6 win over Briton Jacob Fearnley as temperatures exceeded 30 degrees Celsius at Wimbledon on Monday. "In summer, Rio is very, very hot. I'm more used than European people," the 18-year-old said. The world number 54, who has been rocketing up the rankings over the last year, said he was very nervous on his Wimbledon main-draw debut but it did not show. "I think my serves helped me a lot with the nerves today. I served really well," he said. At 4-4 and 0-40 down in the first set and with 51st-ranked Fearnley looking in good form, the ice set in and Fonseca rattled off the next 15 points in a row to take the set and hit the second set running. "He was playing better," Fonseca said. "Probably if he broke me, he was going to do the set and things could go easier for him." Fearnley threatened to get back into the match in the third-set tiebreak, going 5-2 up, but in similar fashion the Brazilian teenager found that steely cold temperament and produced two aces in a row. "When he was serving 5-2, he made a double-fault. I said to myself, 'That's my chance'," Fonseca said. "So very happy with the way I could manage the important points doing good serves and increasing the level." Fonseca, a former junior number one, has a large and vocal following at home, but he heard only a couple of voices in Portuguese in the crowd on Monday. "Normally I play with the crowd. The crowd is normally on my side," he said, while adding that the spectators were respectful despite favouring his opponent. This article was generated from an automated news agency feed without modifications to text.

Fonseca enjoys Wimbledon debut with win over Briton Fearnley
Fonseca enjoys Wimbledon debut with win over Briton Fearnley

Straits Times

time30-06-2025

  • Sport
  • Straits Times

Fonseca enjoys Wimbledon debut with win over Briton Fearnley

LONDON - Fast-improving Brazilian Joao Fonseca knocked British hopeful Jacob Fearnley out in the first round at Wimbledon, with a confident 6-4 6-1 7-6(5) win on Monday, confirming his credentials as one of the most exciting young talents in tennis. Fonseca, at 18 the youngest man in the men's singles draw and on his Wimbledon senior debut, used power and variety in his serve and his trademark brutal forehand to overpower 23-year-old Fearnley, who at 51 is ranked three places above the Brazilian. Fonseca, knocked out in the first round of qualifying here last year, has raced up the tennis rankings, breaking into the top 100 at the Australian Open and reaching the third round at Roland Garros before losing to British number one Jack than two years ago he was playing in junior tournaments and caught the eye after reaching the boys' quarter-finals here and winning the 2023 boys' U.S. Open. "I've been working a lot," he said in an interview on a sun-drenched Court One. "The key is work, believe and dream."It was the Brazilian's third victory over his "great friend" Fearnley this year and he capitalised on some nervous and erratic serving from the Briton, who produced 10 double faults in the match often at crucial moments."At the beginning of the match we were both very nervous," Fonseca said. "There were no rallies - we were nervous."Under pressure to match the free-hitting Fonseca, Fearnley served a double fault to concede the first set and was simply blown away in the second with the Brazilian whipping winners seemingly at will. The stats showed he finished the match with 29 winners to Fearnley's British number two rallied in the third set and forced a tiebreak but the cool-headed Brazilian teenager pulled out two aces to bring up match point and won the game when the Briton put a return long. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.

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