-- 瑞银周一发布的一份报告指出，凯撒铝业（KALU）有望恢复盈利增长并产生更强劲的自由现金流，但去杠杆化可能是其近期的首要任务。 报告称，近期投资以及航空航天需求在经历了大约两年的去库存周期后复苏，预计将提振其息税折旧摊销前利润（EBITDA）。 然而，报告指出，高杠杆率仍将是一个制约因素，公司可能会优先考虑降低债务。 报告称：“我们认为，凯撒铝业至少在2028年之前不太可能提高现金回报（股息增长+股票回购）。” 报告还指出，由于杂质含量门槛的限制，其产品对废料和进口的依赖程度较低，这意味着与同行相比，其从关税中获得的收益较小。 瑞银首次对该股进行评级，给予“中性”评级，目标价为176美元。
Price: $176.63, Change: $+7.21, Percent Change: +4.26%
3:00 Tuesday vs 3:00 Monday2yr 99-20 vs 99-19; 3.934% vs 3.962%5yr 99-04 vs 99-00+; 4.069% vs 4.093%10yr 97-23 vs 97-14+; 4.413% vs 4.447%30yr 96-13+ vs 95-23+; 4.980% vs 5.026%2/10 47.739 bps vs 48.280 bps5/30 90.966 bps vs 93.109 bps
Japan is accelerating talks on a yen-denominated energy loan for South Africa while promoting ammonia co-firing technology, Bloomberg said Tuesday, citing Japanese diplomatic officials.Japan will use the proposed loan to support South Africa's energy transition, though it did not disclose the amount, the report said, citing officials.Japan's initiative adds to about $10 billion in climate financing already pledged to South Africa by European countries under an existing energy transition agreement.Germany and Japan are expanding efforts to position their companies in South Africa, targeting opportunities in a market with strong solar and significant green hydrogen production potential.Leaders first discussed the loan during a meeting between President Cyril Ramaphosa and former Japanese Prime Minister Shigeru Ishiba in Yokohama in August, the report added.Japan is promoting ammonia co-firing, which replaces part of coal use at power plants with ammonia to reduce emissions while maintaining existing infrastructure.South Africa can produce green hydrogen using its solar and wind resources, then convert it into ammonia for easier storage and transport, supporting cleaner energy pathways.However, critics say ammonia co-firing could extend the life of coal plants, as South Africa still generates about three-quarters of its electricity from coal, the report noted.has reached out to South Africa's Department of Electricity and Energy for any comments.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Price: $78.25, Change: $+3.79, Percent Change: +5.09%