Dernières nouvelles pour Silvergate Capital (OTC:SICLQ) Stock

Silvergate Capital Corp is a provider of various financial infrastructure solutions and services. Its solutions and service offerings include Silvergate Exchange Network, Cash Management Solutions and Deposit Account Services. Its customers include U.S. exchanges and global investors in the digital currency industry. The company also provides financial services that include commercial banking, business lending, commercial and residential real estate lending, and mortgage warehouse lending.

5.375% PRF PERPETUAL USD 25 - Ser A 1/40th Int

SILVERGATE CPTL D/S PFD A by Silvergate Capital Corporation

Silvergate Capital Corp

Wells Fargo analyst Colin Langan maintains Aptiv (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APTV#NYSE">APTV</a>) with a Overweight and raises the price target from $75 to $85.

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APTV

Wells Fargo Maintains Overweight on Aptiv, Raises Price Target to $85

Evercore ISI Group analyst David Raso maintains Terex (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEX#NYSE">TEX</a>) with a Outperform and raises the price target from $59 to $62.

Evercore ISI Group Maintains Outperform on Terex, Raises Price Target to $62

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ABNB

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Wells Fargo analyst Colin Langan maintains Adient (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADNT#NYSE">ADNT</a>) with a Equal-Weight and raises the price target from $14 to $17.

ADNT

Wells Fargo Maintains Equal-Weight on Adient, Raises Price Target to $17

Bath &amp; Body Works (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBWI#NYSE">BBWI</a>) affirms FY2025 Adj EPS guidance from $3.25-$3.60 to $3.25-$3.60 vs $3.52 analyst estimate. Affirms FY2025 sales outlook from $7.38 billion-$7.53 billion to $7.38 billion-$7.53 billion vs $7.47 billion estimate.

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BBWI

Bath & Body Works Affirms FY2025 Adj EPS Guidance of $3.25-$3.60 vs $3.52 Est; Affirms FY2025 Sales growth guidance of 1 to 3% YoY

CNEY

Trading Halt: Halt status updated at 8:55:00 AM ET: Quotation Resumption: News and Resumption Times

HireQuest's Offer Provides Superior Value to TrueBlue's Stand-Alone Prospects
GOOSE CREEK, SC / <a href="https://www.accessnewswire.com/">ACCESS Newswire</a> / May 19, 2025 / HireQuest, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HQI#NASDAQ">HQI</a>) today issued the following statements in response to the announcement by TrueBlue, Inc. (TBI) that its Board of Directors has rejected HireQuest's previously announced proposal to acquire TrueBlue for $7.50 per share.
"We are disappointed that despite the positive response to our offer from TrueBlue shareholders, TrueBlue's Board not only continues to refuse to engage with us to discuss our offer but has even taken steps to deter their shareholders' ability to weigh in," said Rick Hermanns, Chief Executive Officer of HireQuest.
"The TrueBlue response does not change our belief in the compelling strategic and financial merits of our proposal. We are offering shareholders both a step up in value at closing and the opportunity to participate in the upside of the combined company. For nearly two years, we've made repeated efforts to engage with TrueBlue's Board and management about a strategic combination, however, unfortunately, they've shown no willingness to even consider an alternative path - despite overseeing a decline from $2.8 billion in revenue and $134 million in EBITDA in 2016 to $1.6 billion in revenue and negative EBITDA today."
Mr. Hermanns went on to say, "The existing TrueBlue strategy, and specifically that of PeopleReady, is no longer competitive in the dynamic economic environment that seems to have become the new norm for the industry. Per Staffing Industry Analysts, the company has underperformed the industry seven out of the last eight years. Conversely, we believe HireQuest's franchise model and flexible operating platform not only performs throughout economic cycles, but it is uniquely suited to arrest TrueBlue's downward spiral."
HireQuest has outlined the specific benefits of transforming TrueBlue's business model in its TrueBlue Merger Presentation which has been filed with the SEC and which can be viewed on the company's Investor Relations webpage (<a href="https://investors.hirequest.com/events-presentations">https://investors.hirequest.com/events-presentations</a>). HireQuest encourages all TrueBlue shareholders to review it and reach out with any questions.
"We are convinced of the enormous upside to be achieved through a strategic combination and feel compelled to take this directly to TrueBlue's shareholders," said Hermanns. "We believe our franchise-based approach to staffing will unlock value currently hidden within the company by converting PeopleReady offices into entrepreneur-driven independently owned businesses."
"Our $7.50 per share offer represents a compelling premium, and while we believe it's fair, we remain open to increasing it as well as potentially adding a material cash component if TrueBlue's leadership chooses to engage in good faith discussions. Our goal has always been to structure a friendly, mutually beneficial transaction, and that has not changed."
Hermanns concluded by saying, "The ultimate question we are posing to shareholders is: Would you rather invest in a larger, higher-margin combined company at $7.50 per share, or invest at a much lower pre-offer price in an unprofitable company trying to turn itself around from a decade of declines? We have a winning solution here and are excited to bring it to the TrueBlue's shareholders."

HireQuest CEO Rick Hermanns Expresses Disappointment Over Trueblue's Rejection Of Acquisition Proposal; Urges Board To Engage With Shareholders

Evercore ISI Group analyst David Raso maintains Parker Hannifin (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PH#NYSE">PH</a>) with a Outperform and raises the price target from $824 to $827.

Evercore ISI Group Maintains Outperform on Parker Hannifin, Raises Price Target to $827

On CNBC's &#8220;Mad Money Lightning Round,&#8221; Jim Cramer said Archer Aviation Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACHR#NYSE">ACHR</a>) is a &#8220;bridge <a href="https://www.benzinga.com/quote/ACHR/earnings">too far&#8221; for him</a>.
On the earnings front, Archer Aviation, on May 12, reported a first-quarter loss of 17 cents per share, beating analyst estimates for a loss of 28 cents per share, according to Benzinga Pro.
Universal Technical Institute, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UTI#NYSE">UTI</a>) can &#8220;continue to go higher because it fits the thesis of what we expect in an era of AI and the need to be on your game in non-AI jobs,&#8221; Cramer said.
Supporting his view, Universal Technical Institute, on May 7, reported better-than-expected second-quarter financial results and raised its FY25 sales guidance above estimates.
When asked about Arista Networks Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANET#NYSE">ANET</a>), Cramer recommended going with Cisco Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>), which is a &#8220;much cheaper&#8221; stock.
Supporting his view, Arista Networks, on May 6, reported a first-quarter sales miss.
Cramer recommended to &#8220;ring the register&#8221; on some Sezzle Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEZL#NASDAQ">SEZL</a>) as it has gotten a &#8220;little too hot.&#8221;
On the earnings front, Sezzle reported better-than-expected first-quarter financial results and raised its FY25 guidance on May 8.
When asked about Rocket Lab USA, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>), he said, &#8220;I was skeptical, but so many companies need to put up rockets, I think it's actually a decent story.&#8221;
Rocket Lab announced on May 14 that it successfully returned its Pioneer spacecraft supporting Varda Space Industries' capsule to Earth.
&#8220;Normally it would be good to have the analytics involving commercial real estate, but right now commercial real estate is not doing well in this country,&#8221; Cramer said when asked about CoStar Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSGP#NASDAQ">CSGP</a>). &#8220;It does make money, though, but it's not for me.&#8221;
On April 29, CoStar Group reported a first-quarter adjusted EPS miss and issued second-quarter revenue guidance below estimates.
Viper Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VNOM#NASDAQ">VNOM</a>) is &#8220;not my cup of tea,&#8221; Cramer said.
Supporting his view, Viper Energy posted weaker-than-expected sales for the first quarter on May 5.
When asked about Fiserv, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FI#NYSE">FI</a>), he said, &#8220;This was just a disaster, and I've got to know more because I don't like what I'm hearing.&#8221;
As per the recent news, Fiserv, on May 6, named Michael Lyons as CEO.
Price Action:
<ul class="wp-block-list">
<li>Universal Technical Institute shares gained 2.6% to settle at $34.62 on Friday.</li>
<li>Sezzle shares rose 4.1% to close at $93.79 during the session.</li>
<li>CoStar shares gained 1.2% to settle at $76.99.</li>
<li>Arista Networks shares rose 0.4% to close at $96.42.</li>
<li>Fiserv shares rose 4.7% to close at $166.66.</li>
<li>Viper Energy shares gained 0.6% to close at $41.36 on Friday.</li>
<li>Rocket Lab shares rose 1.4% to settle at $25.57.</li>
<li>Archer Aviation shares jumped 9.1% to close at $13.30.</li>
</ul>
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/25/05/45466849/top-3-consumer-stocks-that-may-fall-off-a-cliff-in-q2">Top 3 Consumer Stocks That May Fall Off A Cliff In Q2</a></li>
</ul>
Photo: Shutterstock

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ANET

CSCO

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RKLB

SEZL

VNOM

Jim Cramer Was 'Skeptical' Of Rocket Lab, Now Says 'It's Actually A Decent Story'

Evercore ISI Group analyst David Raso maintains PACCAR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCAR#NASDAQ">PCAR</a>) with a Outperform and lowers the price target from $127 to $115.

PCAR

Evercore ISI Group Maintains Outperform on PACCAR, Lowers Price Target to $115

Evercore ISI Group analyst David Raso maintains Oshkosh (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OSK#NYSE">OSK</a>) with a Outperform and raises the price target from $137 to $147.

Evercore ISI Group Maintains Outperform on Oshkosh, Raises Price Target to $147

Evercore ISI Group analyst Steve Sakwa maintains JBG SMITH Properties (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBGS#NYSE">JBGS</a>) with a Underperform and raises the price target from $16 to $17.

JBGS

Evercore ISI Group Maintains Underperform on JBG SMITH Properties, Raises Price Target to $17

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DigiAsia Shares Up Premarket, Co. Announced Launch of Bitcoin Treasury Reserve Strategy; Co. Says Exploring Up To $100M Capital Raise To Acquire Bitcoin

Evercore ISI Group analyst David Raso maintains Illinois Tool Works (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ITW#NYSE">ITW</a>) with a Underperform and lowers the price target from $252 to $249.

Evercore ISI Group Maintains Underperform on Illinois Tool Works, Lowers Price Target to $249

Last week brought the <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45394076/cpi-undershoots-but-core-inflation-stays-stubborn-jp-morgan">latest CPI numbers</a> for the US dollar. The 2.3% reading indicated that inflation moved one step closer to the 2% target. Naturally, this number also supports the desire for the Fed&#8217;s monetary relaxation through rate cuts. Alongside the pause of China&#8217;s tariffs, the result was a nearly 3% surge in the S&amp;P 500, which has staged a V-shaped recovery, moving to a striking distance near the all-time highs. 
The same cannot be said for the US dollar, which, although losing nearly 10% peak-to-trough in 2025, has only recovered about 3% of that, weighted by the Moody&#8217;s US credit rating downgrade. The Australian dollar, an important <a href="https://singaporeforexclub.com/commodity-currencies">commodity currency</a>, has fared better but hit multiple resistance levels last week and, despite good employment numbers, has started to decline. Australian dollar bearish trend continuation should be in focus over the next few weeks, particularly with the anticipated rate cut on Tuesday.
Other notable news in the week ahead will include the latest Canadian and British CPI, German PMI,&nbsp; and Canadian retail sales.
Key News:
<ul class="wp-block-list">
<li>Tuesday: AUD – Interest Rate Decision, CAD &#8211; CPI</li>
<li>Wednesday: GBP &#8211; CPI</li>
<li>Thursday: EUR – French PMI, German PMI, GBP – PMI, USD – PMI, Unemployment</li>
<li>Friday: GBP – Retail Sales, CAD – Retail Sales</li>
</ul>
<h2 class="wp-block-heading">Pairs In Focus</h2>
1.EUR JPY
EUR JPY has been one of the top range-bound pairs in 2025 so far. The pair has mostly moved between 161 support and 164 resistance, with rare peaks above and below under extreme circumstances.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="482" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/19104450/EURJPY_2025-05-18_21-59-40-1024x482.png" alt="" class="wp-image-13089" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/19104450/EURJPY_2025-05-18_21-59-40-1024x482.png 1024w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/19104450/EURJPY_2025-05-18_21-59-40-300x141.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/19104450/EURJPY_2025-05-18_21-59-40-768x362.png 768w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/19104450/EURJPY_2025-05-18_21-59-40.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
EUR/JPY Daily Chart, Source: TradingView
After a short rally and a brief touch of 164.500, it has reverted below once again, heightening the possibility of testing the key level around 161.150. Retail sentiment is nearly 70% long, making this pair a good forex short-selling candidate.
<h3 class="wp-block-heading">2. GBP SGD</h3>
GBP/SGD tested the key support last week, and the level of 1.71450 held the pullback. The recent movement further solidified the thesis that the short-term bottom occurred earlier this month.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="478" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/19104433/GBPSGD_2025-05-18_21-58-51-1024x478.png" alt="" class="wp-image-13088" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/19104433/GBPSGD_2025-05-18_21-58-51-1024x478.png 1024w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/19104433/GBPSGD_2025-05-18_21-58-51-300x140.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/19104433/GBPSGD_2025-05-18_21-58-51-768x358.png 768w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/19104433/GBPSGD_2025-05-18_21-58-51.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
GBP/SGD Daily Chart, Source: TradingView
Therefore, the price is expected to move higher, testing the resistance at 1.73800, which is the first target above the market.
Notes:
<ul class="wp-block-list">
<li>AUD/NZD: Hit the weekly resistance, but it remains relatively bullish compared to other AUD pairs.</li>
<li>AUD CAD: Briefly broke the 0.89 resistance before moving lower. The next move might test the support at 0.88400.</li>
<li>AUD/CHF: It remains forming a bearish flag. The lower trendline on the daily chart is worth watching for potential breakouts.</li>
<li>AUD/SGD: Swept the stops above the market before a big move lower toward the end of the week. The trend is bearish.</li>
<li>AUD/JPY:  Hit the resistance around 95.600 before a big move lower. Support to watch below is 90.500.</li>
<li>CAD/JPY: A new higher high was established, but the trend remains uncertain until a higher low is established. The support to watch is 103.300.</li>
<li>CHF JPY: For the fifth week in a row, failed to break above 176 resistance. The likely move would be to test 172 support.</li>
<li>EUR/AUD: Gapped below the 1.74300 support, but closed the gap before the end of the week. The intermediate trend is bearish, but long-term trend is bullish, adding to uncertainty.</li>
<li>EUR NZD: Remains range-bound without clear <a href="https://singaporeforexclub.com/forex-price-action">price action</a>.</li>
<li>GBP AUD: It shows signs of short-term bottoming, but it has to break above 2.08400 to confirm the next leg up.</li>
<li>GBP NZD: It made a higher high after a higher low, confirming that the next part of the uptrend might be coming.</li>
<li>NZD/JPY: Swept the resistance around 87.300 before pulling back. As long as support at 84.500 holds, the pair is likely to trade higher.</li>
</ul>
Disclaimer: Any opinions expressed in this article are not to be considered investment advice and are solely those of the authors. Singapore Forex Club is not responsible for any financial decisions based on this article&#8217;s contents. We provide research and promote <a href="https://singaporeforexclub.com/how-to-start-trading-forex-in-singapore">forex trading in Singapore</a>, and readers may use this data for information and educational purposes only.

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RBA Rate Cut To Confirm The End Of AUD Pullback

Evercore ISI Group analyst David Raso maintains Eaton Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETN#NYSE">ETN</a>) with a In-Line and raises the price target from $326 to $349.

Evercore ISI Group Maintains In-Line on Eaton Corp, Raises Price Target to $349

WIIM

QNTM

QNTM stock has given up its prior gain. Quantum Biopharma shares were trading higher after the company announced it purchased $1 million worth of bitcoin and other cryptocurrencies as part of its digital asset strategic efforts.

Evercore ISI Group analyst David Raso maintains ESAB (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESAB#NYSE">ESAB</a>) with a In-Line and raises the price target from $120 to $125.

ESAB

Evercore ISI Group Maintains In-Line on ESAB, Raises Price Target to $125

TXNM Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TXNM#NYSE">TXNM</a>) shares are trading higher premarket on Monday after the company agreed to be acquired by Blackstone Infrastructure for <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/n45489413/txnm-energy-enters-agreement-to-be-acquired-by-blackstone-infrastructure" rel="noreferrer noopener">$61.25 per share in cash at closing</a>.
The acquisition price represents a 23.0% premium over TXNM Energy&#8217;s unaffected 30-day volume weighted average price (VWAP) as of March 5, 2025, the day before media reports of a potential acquisition.
This transaction reflects a total enterprise value of $11.5 billion, which includes net debt (excluding securitization debt) and preferred stock.
Also Read: <a target="_blank" href="https://www.benzinga.com//node/45473816" rel="noreferrer noopener">George Soros Loads Up On First Solar Calls: What Does He Know That Wall Street Doesn&#8217;t?</a>
Blackstone Infrastructure is also making a $400 million investment through a private placement agreement, purchasing 8 million newly issued shares of TXNM Energy common stock at $50 per share to support TXNM Energy&#8217;s growth plans. This issuance is expected to be completed in June 2025.
TXNM Energy anticipates issuing an additional $400 million of equity before the transaction closes to further support its growth. The transaction is being funded through equity and the assumption of existing debt, with no new debt expected to be issued as a result of the acquisition.
TXNM Energy&#8217;s Board of Directors has unanimously approved the transaction, which is estimated to close in the second half of 2026, pending shareholder and regulatory approvals.
TXNM Energy shareholders can anticipate continued dividend payments through the transaction&#8217;s closing, subject to the Board of Directors&#8217; approval.
Upon closing the transaction, Pat Collawn will step down as Executive Chair. Notably, Pat Collawn transitioned from the current Chief Executive Officer&nbsp;to Executive Chair, <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/n45401627/txnm-energy-announces-executive-leadership-transition-of-pat-collawn-to-executive-chair-don-tarry-" rel="noreferrer noopener">effective&nbsp;July 1, 2025</a>.&nbsp;
Don Tarry will assume responsibility for the ongoing operations of TXNM Energy as President and CEO.
Pat Collawn said, &#8220;Our successes at TXNM Energy have stemmed from a deliberate approach to investing in PNM and TNMP in a manner aligned with the priorities of our customers and communities. We&#8217;ve integrated new resources to supply over two-thirds of PNM electricity needs with carbon-free energy and supported double-digit demand growth at TNMP.&#8221;
Investors can gain exposure to the stock via Virtus Reaves Utilities ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UTES#NYSE">UTES</a>) and Tema Electrification ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VOLT#NASDAQ">VOLT</a>).
Price Action: TXNM shares are up 9.23% at $57.76 premarket at the last check on Monday.
Read Next:
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<li><a href="https://www.benzinga.com//node/44525929" target="_blank" rel="noreferrer noopener">&#8216;Our GPUs Are Melting,&#8217; OpenAI&#8217;s Altman Warns — Could US Natural Gas Power AI Revolution?</a></li>
</ul>
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