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FINWIRES

板塊動態:金融股午後漲跌互現

-- 週三下午晚些時候,金融股漲跌互現,紐約證券交易所金融指數下跌0.1%,道富金融精選行業SPDR ETF(XLF)上漲0.9%。 費城住房指數下跌2%,道富房地產精選產業SPDR ETF(XLRE)下跌0.1%。 比特幣(BTC-USD)上漲1.5%至75,233美元,10年期美國公債殖利率上升2.5個基點至4.28%。 經濟方面,紐約聯邦儲備銀行公佈的紐約州製造業指數4月反彈至11.0,高於彭博調查預期的0.0。 全美住宅建築商協會公佈的4月月度房屋市場指數從3月修正後的38降至34,低於彭博調查預期的37。 根據彭博社報道,摩根士丹利(MS)在公佈第一季業績後,計劃發行100億美元債券,這將是華爾街銀行迄今規模最大的債券發行之一。摩根士丹利第一季業績強於預期,投資銀行和交易業務的強勁成長推動其營收創下歷史新高。其股價上漲超過4%。 美國銀行(BAC)第一季業績也超出華爾街預期,這主要得益於投資銀行和資產管理費用的兩位數成長。執行長布萊恩·莫伊尼漢表示,強勁的消費者支出等因素顯示美國經濟具有韌性。其股價上漲2.2%。 根據彭博社報道,太平洋投資管理公司(PIM)宣布已購入藍貓頭鷹資本(OWL)旗下商業發展公司發行的全部4億美元債券,此舉顯示該公司對波動較大的私募信貸市場充滿信心。藍貓頭鷹資本的股價上漲超過8%。 根據路透社週三報道,Ares Management (ARES) 執行長邁克爾·阿魯格蒂表示,私人信貸違約情況相對可控,該行業的大部分問題是由流動性不足和高利率造成的。 Ares 股價上漲 6%。

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Research Alert: CFRA Maintains Hold Rating On Shares Of United Rentals Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lift our 12-month target price to $1,100 from $950 following a strong first quarter, valuing shares at 20.5x our 2027 EPS outlook of $54.28 (in line with previous estimate; 2026 EPS also in line). We believe a higher multiple is justified given URI's firming market leadership within an expanding rental equipment industry. A robust Q1 beat enabled URI to raise its full-year revenue guidance to $16.9B-$17.4B and adjusted EBITDA to $7.625B-$7.875B, citing momentum heading into a busy season. With leverage well below historical levels, we believe accretive M&A deals could serve as a potential catalyst for additional guidance increases. Margin compression has been a sticky issue for URI, but Q1 indicated that pricing may have turned around and that headwinds are starting to ease as quarterly results begin to lap when tariff-related inflation began to pick-up. We remain cautious on margins, though are encouraged by signs of stabilization. New project activity is likely supporting pricing trends, in our view.

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Petro Rabigh Emerges From Loss in Q1; Revenue Grows

Rabigh Refining and Petrochemical (SASE:2380), d/b/a Petro Rabigh, said Sunday it swung back to profit in the first quarter of 2026, while revenue increased year over year.Net profit attributable to shareholders of the issuer for the three months ended March 31 was 1.47 billion Saudi riyals, compared with the attributable loss of 691 million riyals earlier. EPS moved to 0.88 riyal from a loss per share of 0.41 riyal.The Tadawul-listed oil refining and petrochemical company's revenue was 14.85 billion riyals, compared with 11.21 billion riyals a year ago.

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Research Alert: CFRA Keeps Buy Opinion On Shares Of The Hartford Insurance Group, Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We trim our 12-month target price by $8 to $155, valuing HIG shares at 11.3x our 2026 operating EPS estimate of $13.75 (cut by $0.45) and at 10.6x our 2027 EPS estimate of $14.65 (cut by $0.30), vs. the shares' one-year average forward multiple of 10.3x and peer average of 13x. Q1 EPS of $3.09 vs. $2.20 a year ago missed our $3.60 estimate and $3.39 consensus view. Operating revenue growth of 6.2% was in line with our 6%-10% forecast, amid 5.3% earned premium growth, 13% higher net investment income, and 7.9% fee revenue growth. Q1 written premium growth of 4% and full-year 2025 growth of 7% bode well for 2026 revenue trends as premiums are earned. Underwriting results improved significantly, with Personal Lines combined ratio improving to 87.7% from 106.1% and underlying combined ratio to 85.0% from 89.7%. Business Insurance combined ratio was stable at 94.8%. Weighing the Q1 EPS miss with HIG's decent top-line growth and discounted valuation to peers, we view the shares as undervalued.

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