Latest news with #SEI
Arabian Post
a day ago
- Business
- Arabian Post
CoinShares launches innovative zero-fee ETP for SEI token
CoinShares has introduced an exchange-traded product designed to offer investors exposure to the SEI token, with a unique value proposition: zero management fees and staking rewards. The ETP, set to launch across multiple European markets, aims to attract both retail and institutional investors who are keen to participate in the burgeoning sector of digital assets. The SEI ETP is being heralded as a groundbreaking development within the cryptocurrency investment space, as it lowers the barriers to entry for investors looking to capitalise on the SEI token. By eliminating management fees, CoinShares has created a highly competitive product that promises higher returns for investors. Moreover, the staking rewards component adds a unique dimension to the offering, allowing investors to earn additional yield from their SEI holdings, further enhancing the attractiveness of the ETP. This launch comes at a time when cryptocurrency investment products are experiencing increasing demand across Europe. With growing interest from institutional investors, particularly in the wake of global market fluctuations and economic uncertainty, innovative financial products like the SEI ETP are gaining significant traction. The move by CoinShares is a response to this rising demand, reflecting the company's commitment to making digital asset investments more accessible and cost-effective. ADVERTISEMENT CoinShares has long been a prominent player in the digital asset investment space. Known for its strong track record in launching exchange-traded products, the company has consistently pushed the boundaries of what is possible in terms of product innovation. The SEI ETP is part of the firm's broader strategy to expand its range of offerings, catering to a diverse array of investors, including those who are new to the world of digital assets. The SEI token, the underlying asset of the new ETP, is a relatively new entrant to the cryptocurrency market. However, it has been gaining momentum due to its strong fundamentals and the innovative approach behind its creation. The staking rewards aspect is particularly appealing, as it provides investors with an additional income stream beyond the typical price appreciation of the token. Europe's regulatory environment for cryptocurrencies has played a pivotal role in enabling the successful launch of such products. With the European Union's comprehensive framework for digital assets gaining momentum, including the MiCA regulation, investors have greater confidence in the safety and legitimacy of cryptocurrency investment products. CoinShares, leveraging its expertise and reputation, is well-positioned to navigate this complex regulatory landscape, providing assurance to investors. The ETP will be listed on major European exchanges, making it easily accessible to a broad spectrum of investors. The zero-fee structure makes it highly appealing to those looking to reduce the cost of investment, while the staking rewards make it an attractive option for those seeking passive income opportunities in the digital asset space. Furthermore, the ETP is designed to cater to both institutional and retail investors, broadening its potential market reach. While the SEI ETP promises to be an attractive product for a wide range of investors, some industry experts caution that investors should remain mindful of the volatility that typically accompanies cryptocurrency markets. Although the SEI token has shown promising growth potential, like all digital assets, it is subject to significant price fluctuations. Staking rewards, while appealing, also come with their own set of risks, particularly if the underlying asset's value decreases. Despite these risks, the growing demand for innovative, low-cost cryptocurrency products remains a driving force in the market. CoinShares' zero-fee SEI ETP is expected to capture a significant share of the market, particularly as investors look for new ways to participate in the digital asset space without incurring high management fees. By offering a product that aligns with investor desires for yield and low-cost access, CoinShares has further cemented its position as a leader in the digital asset investment space.
Yahoo
6 days ago
- Business
- Yahoo
3 Short-Term Government Bond Funds for a Stable Income
A short-term government bond fund is a mutual fund that is limited by its investment objectives and fund bylaws to invest primarily in short-term obligations of the federal government or its agencies. Depending on the fund's definition, the short term can be up to five years. Mutual funds that invest in government debt securities are among the most secure investment options that provide regular income while protecting the capital invested. Funds that are part of this category bring a great deal of stability to a portfolio with a large proportion of equity. They pay out dividends more frequently than individual bonds. Hence, these are considered the safest in the bond fund category and are ideal for risk-averse investors. Below, we share with you three top-ranked short-term government bond mutual funds — GMO US Treasury GUSTX, Federated Hermes Short-Term Govt IS FSGVX and SEI Short-Duration Government TCSGX. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of funds. GMO US Treasury invests most of its net assets in Direct U.S. Treasury Obligations and collateralized repurchase agreements that include U.S. Treasury bills, bonds and notes and other securities issued by the U.S. Treasury, as well as Separately Traded Registered Interest and Principal Securities and other zero-coupon securities. The fund has returned 4.8% over the past three years. As of February 2025, GUSTX had 22.4% of its net assets in Total Cash. Federated Hermes Short-Term Govt IS primarily invests in a portfolio generally consisting of U.S. Treasury securities and U.S. government agency securities with maturities of not less than one year and not more than three years, and related derivative contracts. The fund has returned 3.1% over the past three years. Todd A. Abraham has been one of the fund managers of FSGVX since April 2017. SEI Short-Duration Government invests the majority of its assets in U.S. Treasury obligations and other issues such as mortgage-backed securities and repurchase agreements that are guaranteed by various agencies or instrumentalities of the U.S. government. The fund has returned 3.5% over the past three years. TCSGX has an expense ratio of 0.48%. To view the Zacks Rank and the past performance of all short-term government bond mutual funds, investors can click here to see the complete list of short-term government bond mutual funds. Want key mutual fund info delivered straight to your inbox? Zacks' free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >> View All Zacks #1 Ranked Mutual Funds Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Get Your Free (GUSTX): Fund Analysis Report Get Your Free (TCSGX): Fund Analysis Report Get Your Free (FSGVX): Fund Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
18-07-2025
- Business
- Yahoo
Solaris Energy to Report Q2 Earnings: Here's What You Need to Know
Solaris Energy Infrastructure Inc. SEI is set to report second-quarter 2025 results on July 23, after the closing bell. In the last reported quarter, its adjusted earnings of 20 cents per share beat the Zacks Consensus Estimate of 12 cents, thanks to the growth in activities within Solaris Power Solutions. Earnings beat the Zacks Consensus Estimate in two of the last four quarters and missed in two, with the average surprise being 6.93%. This is shown in the graph below: Solaris Energy Infrastructure, Inc. Price, Consensus and EPS Surprise Solaris Energy Infrastructure, Inc. price-consensus-eps-surprise-chart | Solaris Energy Infrastructure, Inc. Quote Estimate Trend The Zacks Consensus Estimate for second-quarter earnings per share of 15 cents has witnessed one downward revision and no upward revision in the past seven days. The estimated figure suggests an improvement of 15.4% from the prior-year reported number. The Zacks Consensus Estimate for revenues of $123.2 million indicates a 66.8% surge from the year-ago recorded figure. Factors to Consider According to the U.S. Energy Information Administration ('EIA'), the average spot prices for Cushing, OK, West Texas Intermediate (WTI) crude for April, May and June were $63.54, $62.17 and $68.17 per barrel, respectively. Based on the EIA data, the pricing environment was healthier in the first quarter, with average prices of $75.74, $71.53 and $68.24 per barrel for January, February and March, respectively. The same story also applies to natural gas prices. Although the crude prices were softer in the second quarter of this year, it was still highly favorable for exploration and production activities. With the possibilities of handsome upstream activities in the June quarter, SEI is likely to have witnessed stable demand, although probably weaker than the prior quarter, for its specialized equipment for oil & gas companies. It is to be noted that the equipment is utilized for efficiently managing sand and other raw materials used during the completion of oil and gas wells. Earnings Whispers Our proven model doesn't indicate an earnings beat for SEI this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the chances of an earnings beat. That isn't the case here, as you will see below. Earnings ESP: Solaris Energy has an Earnings ESP of +31.03%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. Zacks Rank: SEI currently carries a Zacks Rank #4 (Sell). Stocks to Consider Here are some stocks that you may want to consider, as these have the right combination of elements to post an earnings beat this reporting cycle. BP plc BP currently has an Earnings ESP of +2.91% and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here. BP is scheduled to release second-quarter earnings on Aug. 5. The Zacks Consensus Estimate for BP's earnings is pegged at 66 cents per share, suggesting a 34% decrease from the prior-year reported figure. Flotek Industries Inc. FTK presently has an Earnings ESP of +28.00% and a Zacks Rank #3. Flotek Industries is scheduled to release second-quarter earnings on Aug. 5. The Zacks Consensus Estimate for FTK's earnings is pegged at 13 cents per share, suggesting a 116.7% increase from the prior-year reported figure. EOG Resources, Inc. EOG currently has an Earnings ESP of +1.91% and a Zacks Rank #3. EOG Resources is scheduled to release second-quarter earnings on Aug. 7. The Zacks Consensus Estimate for EOG's earnings is pegged at $2.14 per share, suggesting a 32.3% decline from the prior-year reported figure. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BP p.l.c. (BP) : Free Stock Analysis Report EOG Resources, Inc. (EOG) : Free Stock Analysis Report Flotek Industries, Inc. (FTK) : Free Stock Analysis Report Solaris Energy Infrastructure, Inc. (SEI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
18-07-2025
- Business
- Time of India
Top crypto to buy now: 4 Cheap tokens set to pump and lead the market boom
As Q3 heats up, the crypto market is gearing up for what many analysts predict will be one of the most explosive bull runs in recent memory. With institutional money flowing back in, whales quietly accumulating, and ETF buzz reaching a fever pitch, savvy investors are scouring for high-upside, undervalued gems. The next generation of Layer 1s and meme-layered ecosystems are proving that price isn't the only metric—fundamentals, momentum, and narrative are king. Here are four under-the-radar tokens that are poised to lead the Q3–Q4 2025 rally, including one memecoin that could outpace them all by 5,000% before year's end. Little Pepe (LILPEPE)—The Meme Coin with a Layer 2 Backbone and 5,000% Potential Forget everything you think you know about meme coins. $LILPEPE isn't just a frog with funny captions—it's a zero-tax, high-speed Layer 2 blockchain ecosystem with a serious tech backbone and viral potential. With over $5.2 million raised in its presale, LILPEPE is nearing the end of its funding round, having sold over 4.2 billion tokens as it marches toward its $6.57 million goal. The hype is snowballing, fueled by a massive $777,000 giveaway that has seen over 40,000 entries, and the project's recent listing on CoinMarketCap is already turning institutional heads. So, why is LILPEPE turning into the breakout coin of 2025? Layer 2 Scalability: Unlike your typical meme token, LILPEPE isn't stuck on slow, expensive rails. It leverages its Layer 2 EVM-compatible chain, promising ultra-low gas, warp-speed finality, and a decentralized, rug-free ecosystem. Zero Tax: True to DeFi principles, there are no buy or sell taxes, ensuring clean trades and a frictionless user onboarding experience. Tokenomics Built for Growth: Only 26.5% of tokens are reserved for presale, with massive reserves for liquidity (10%), marketing (10%), staking rewards (13.5%), and exchange listings (10%). Meme-First, Tech-Forward Narrative: Combining battle-tested smart contracts with meme virality, Little Pepe is positioning itself as the king of 'memefi'—a fusion of culture and blockchain utility. With a price of just $0.0014 in presale and listing expected post-presale, even a modest run to $0.07 (conservative in the context of memecoin breakouts) would deliver a 5,000% ROI. Sei (SEI)—The Speed Demon of the DEX Revolution SEI is already outperforming peers, rising 38% in the last month alone, and it's not done yet. With sub-400 ms finality, SEI is designed for decentralized exchanges, rivaling even centralized platforms in terms of speed and user experience. What's driving the rally? Institutional Adoption: SEI is in contention for Wyoming's state stablecoin project, while Circle is rumored to hold SEI in reserve. ETF Filings: Yes, an SEI ETF is in the works, signaling that big players are entering the market. TVL Growth: Over $626M locked in its ecosystem proves real usage. Giga Upgrade Incoming: With speeds set to hit 250,000 TPS, SEI may become the fastest chain in crypto. Currently priced around $0.26, analysts are forecasting a $2 target by year-end, nearly an 8x gain from today's levels. Cardano (ADA)—The Blue-Chip Dinosaur Ready to Roar Again ADA is no stranger to moonshots, but its slow burn in 2025 might be what makes it the ultimate sleeper play. Key signals to watch: Whale Accumulation: Over 120 million ADA scooped up in the last two weeks. Historically, this has been a precursor to massive moves. Developer Activity: Still among the most active chains on GitHub, Cardano is far from dead—it's refining. Historical Parallels: ADA surged 1,400% in 2020–2021. A similar pattern is forming, and the stars are aligning for a move to $12 or more. At just $0.62, ADA is the bargain blue chip in this bull market. Smart money knows it. 4. Sui (SUI)—The Scalable L1 Making Noise with dApps and ETFs Sui has quietly become one of the most dominant emerging chains in 2025, especially among developers. Its Move-based VM, developer-friendly environment, and lightning speed have attracted over 100 dApps and driven $90B in DEX volume. Key drivers: SUI ETF Filing by Nasdaq: This is the ETF narrative all over again, and SUI is riding the wave. Whale Action: Institutional and on-chain metrics suggest aggressive accumulation. Mysticeti v2 Upgrade: Improved scalability and performance for devs and users. Now priced around $3.15, analysts are calling for a surge to $6–$10, which would represent a 2x–3x return. Final Thoughts: The Real Alpha Might Be in the Meme While SEI, ADA, and SUI offer strong fundamentals and institutional support, the risk-reward profile of LILPEPE is in a class of its own. As a hybrid of meme virality and Layer 2 speed, it offers both hype-fueled price action and long-term tech play potential. With the presale nearly sold out, a live $777K giveaway, and a CMC listing already locked in, LILPEPE is the most undervalued rocket preparing for launch. For investors ready to ride the next 50x wave, the time to jump into the pond is now—before Little Pepe takes the throne. For more information about Little Pepe (LILPEPE) visit the links below: Website: Whitepaper: Telegram: Twitter/X:
Cision Canada
16-07-2025
- Business
- Cision Canada
ALIMENTATION COUCHE-TARD ANNOUNCES WITHDRAWAL OF PROPOSAL TO ACQUIRE SEVEN & I HOLDINGS DUE TO LACK OF ENGAGEMENT Français
Issues Letter to the Board of Directors of Seven & i Holdings Co., Ltd. LAVAL, QC, July 16, 2025 /CNW/ - Alimentation Couche-Tard ("Couche-Tard" or the "Corporation") (TSX: ATD) announced today that it has withdrawn its proposal to acquire Seven & i Holdings Co., Ltd. ("Seven & i") due to a lack of constructive engagement by Seven & i. Couche-Tard sent the following letter to the Board of Directors: July 16, 2025 Board of Directors Seven & i Holdings Co., Ltd. 8-8, Nibancho, Chiyoda-ku, Tokyo 102-8452, Japan Members of the Board of Directors: We continue to believe that a combination of Seven & i Holdings ("7&i") and Alimentation Couche-Tard ("ACT") would create a global leader in convenience with the ability to better serve our stakeholders, grow the 7-Eleven brand and generate value for our respective shareholders. As you know, earlier this year we submitted a proposal of ¥2,600 per ordinary share in cash, representing a 47.6% premium to your unaffected stock price. We have, for some time, tried to engage with your Special Committee on this proposal through constructive, friendly discussions in which we have clearly demonstrated that our proposal is fully financed and that there is a clear path to gaining regulatory approvals. We have repeatedly sought a friendly dialogue with the Ito family but they have not been open to any conversation. We also stated that there may be an opportunity to enhance the economic terms of our proposal if we are afforded access to additional diligence information. We have been very patient and respectful throughout this process, beginning with our meeting on July 23, 2024. Following our meeting in Tokyo with Hachiuma-san and Yonamine-san on April 18, 2025, we entered into a non-disclosure agreement containing customary standstill provisions, in the belief that 7&i would engage constructively with us to determine whether a transaction could be agreed. Since entering into the NDA, there has been no sincere or constructive engagement from 7&i that would facilitate the advancement of any proposal, contrary to comments made publicly by 7&i representatives, including in the July 11, 2025 earnings call in which 7&i noted it is "seriously" considering our proposal. As discussed below in detail, the quantity and substance of the permitted due diligence, including at two tightly constrained management meetings, have been negligible. Rather, you have engaged in a calculated campaign of obfuscation and delay, to the great detriment of 7&i and its shareholders. We believe this approach reinforces our concerns about your approach to governance. Based on this persistent lack of good faith engagement, we are withdrawing our proposal. Due Diligence At our April 18, 2025 meeting in Tokyo, we provided a very targeted list of high priority commercial due diligence items that could form the basis for an improved proposal. On May 9, 2025, your advisors opened a data room that contained very limited information on SEI and information largely of a confirmatory nature on the operations in Japan. We provided a further streamlined diligence list on May 22, 2025, focusing on the most critical items that we would need. On June 25, 2025, we received an updated document from your advisors which contained no new information and continued to refer us to statutory filings. At this point, we had no visibility into whether or when we might receive any further information. In 10 weeks of diligence, just 14 total files relating to the U.S. business were provided, and none of our critical questions were answered. As with any transaction of this nature, we recognize there are significant commercial sensitivities around certain information and we have sought to work collaboratively to address these as we have successfully done in 75 deals across 20 years, but this has not been reciprocated. Management Meetings We had also agreed that there would be engagement with business leaders across the 7&i organization. There have been, we acknowledge, two meetings, one in Dallas and one in Tokyo. At the Dallas meeting, the CEO, Mr. DePinto, did not attend and the President, Mr. Reynolds, only attended after we insisted that top executives be present. The content of the meeting was, as your advisor characterized it, a "readout". We appreciated the constructive approach that some members of the 7-Eleven team took but ultimately these discussions revealed little new information. For example, when one 7-Eleven executive attempted to thoughtfully address a question related to international licensees (which had no implications for U.S. regulatory considerations), he was interrupted and rebuked by Mr. Dacus who pointed to his head as if to remind his colleague to "think". Mr. Dacus also declared in the meeting that the discussion was a management presentation and "not due diligence" and thus many questions would be deferred. As described above, we have not received any answers to those questions. Our experience in Tokyo was similar. Our meeting, which lasted for approximately half the allotted time, was tightly scripted. Even though we do not currently operate in the Japanese market, the management team was not willing to address basic questions about industry dynamics in the country. U.S. Regulatory Approval and Regulatory Process You have been very clear about your concerns regarding the U.S. regulatory process. In our initial proposal on July 25, 2024, and thereafter, we have acknowledged that regulatory approvals would be needed across several jurisdictions. We continue to believe that there is a clear path to U.S. regulatory approval. On December 27, 2024, we provided a term sheet with firm and specific proposals to 7&i with respect to the number of stores to be divested and a compelling reverse termination fee which represented approximately $1.2 billion in value, increasing to over $1.4 billion if the FTC indicated that additional stores would need to be divested and ACT was unwilling to do so. These proposals shift a significant portion of the risk of anti-trust approvals from 7&i shareholders to ACT and provide a strong incentive for us to do what is necessary to obtain approvals. Similarly, you have been particularly focused on identifying the divestiture buyer(s). We therefore agreed to take the unusual step of soliciting interest from buyers in the absence of an agreed transaction. While you willingly initiated steps for a divestiture in the U.S., as we advanced this workstream, you were not willing to share the required information with potential buyers, which is inconsistent with our collective objectives and does not reflect a constructive intent. On March 31, 2025, we received multiple indications of interest with respect to the divesture portfolio, each from highly experienced and credible buyers. Since then, we have received minimal cooperation that would help to advance this process. After signing the NDA with you, our advisors held an organizational call on April 29, 2025, to align on the path to continue to advance the divestiture process, which included workstreams to further diligence and planning for the separation of the divestiture perimeter, and to prepare for the next phase of engagement with potential buyers. Since then, there has been no progress on these workstreams. We shared a detailed overview of the suggested due diligence data to be provided to buyers on May 13, 2025, and we agreed that certain information would be walled off from us to accommodate commercial sensitivities. We have not received any feedback from you or your advisors on that proposed list and have seen no progress toward gathering information to facilitate the next phase of buyer engagement. Alternative Structures As we have expressed many times, we do believe that fully combining our two companies is the most straightforward and effective way to maximize value to all stakeholders. And we are prepared to offer a material premium to the undisturbed share price to 7&i shareholders. However, in the spirit of being responsive to your requests to consider alternative transaction structures, we have spent a significant amount of time and resources evaluating alternatives that would enable us to deliver similar compelling value to all stakeholders and would not create incremental closing risk or uncertainty in the transaction while minimizing friction. In a material step, we shared with you in Dallas our willingness to explore a structure whereby we would acquire 100% of the 7&i business outside of Japan, and 40% of the Japan business ("ParentCo"), leaving 60% of ParentCo with existing 7&i shareholders. Our alternative proposal would provide commensurate value to 7&i shareholders versus our prior all-cash offer and, with ParentCo able to invest in the equity of ACT, would provide existing 7&i shareholders ongoing participation in the combined international business. Based on the extensive outside-in analysis we conducted, we believe this structure can be executed with limited friction (including no corporate level taxation) and without adding incremental transaction risk, while continuing to offer compelling economic value to your shareholders. In our meeting in Tokyo on July 1, you proposed an alternative whereby you would contribute SEI into Couche-Tard in return for equity ownership in Couche-Tard. This structure would not deliver the significant premium that was offered to your shareholders in our transaction proposals and, in our view, would undermine the operational prospects of the combined business. Conclusion We remain as excited as ever about the path forward for ACT. We are proud of the progress we are making across our business and the impact we are having in the communities in which we operate. We believe this combination has the ability to enhance that path. However, we are not able to effectively pursue this combination without deeper and genuine further engagement from 7&i leadership and the special committee. Accordingly, we are withdrawing our proposal at this time. Signed on behalf of: Alimentation Couche-Tard Inc. About Alimentation Couche-Tard Inc. Couche-Tard is a global leader in convenience and mobility, operating in 29 countries and territories, with close to 17,000 stores, of which approximately 13,000 offer road transportation fuel. With its well-known Couche-Tard and Circle K banners, it is one of the largest independent convenience store operators in the United States and it is a leader in the convenience store industry and road transportation fuel retail in Canada, Scandinavia, the Baltics, Belgium, as well as in Ireland. It also has an important presence in Luxembourg, Germany, the Netherlands, Poland, as well as in Hong Kong Special Administrative Region of the People's Republic of China. Approximately 146,000 people are employed throughout its network. For more information on Alimentation Couche-Tard Inc., please visit: Forward-Looking Statements This press release may include certain statements that are "forward-looking information" within the meaning of the securities laws of Canada. Any statement in this press release that is not a statement of historical fact may be deemed to be forward-looking information. When used in this press release, the words or "believe", "could", "should", "intend", "expect", "estimate", "assume", "aim", "align", "maintain", "continue", "effect", "growth", "position", "seek", "strategy", "strive", "will", "may", "might" and other related expressions or the negative of these terms are generally intended to identify forward-looking information, although not all forward-looking statements include such words. These statements are based on management's current expectations, assumptions and estimates, which it believes are reasonable, but which are subject to a number of risks and uncertainties that could cause actual results and outcomes to differ materially, including risks associated with market and economic conditions, business prospects or opportunities, future plans and projections, technological and business developments, and regulatory trends and changes , and such other risks as described in detail from time to time in the reports filed by Couche-Tard with securities regulatory authorities in Canada. All forward-looking information contained herein is expressly qualified in its entirety by this cautionary statement and speak as of the date of this news release. Couche-Tard undertakes no obligation to publicly update such forward-looking information to reflect new information, subsequent or otherwise, unless required by applicable securities laws. SOURCE Alimentation Couche-Tard Inc.
