Mesabi Trust: Volume Recovery Means Royalty Rates Ratchet Up

Mesabi Trust: Volume Recovery Means Royalty Rates Ratchet Up

seekingalpha.com

Mesabi Trust Press Release

NEW YORK--(BUSINESS WIRE)--Announcement of Mesabi Trust Distribution The Trustees of Mesabi Trust (NYSE:MSB) declared a distribution of five dollars ninety-five cents ($5.95) per Unit of Beneficial Interest payable on February 20, 2025 to Mesabi Trust Unitholders of record at the close of business on January 30, 2025. This compares to a thirty-seven cents ($0.37) per Unit distribution declared and paid for the same period last year. The Trustees' announcement today of a five dollars ninety-five.

businesswire.com

If Fed Doesn't Get Serious About Inflation, Buy Mesabi Trust (Rating Upgrade)

Recent developments, such as the mid-2023 resumption of mining operations by Cleveland-Cliffs on trust leases and the Federal Reserve's reluctance to raise interest rates, suggest potential upside for Mesabi. Increasing odds for a turnaround in China's economy, alongside an approaching arbitration judgment over underpaid royalties, are additional reasons to consider investing in MSB stock. A low-volatility basing pattern over the last 12 months could support a price breakout and material gains for investors buying around $17.

seekingalpha.com

Mesabi Trust: Full Production Is Back Despite Cleveland-Cliffs' Ambitions

Mesabi Trust announces $0.37 quarterly dividend and Cleveland-Cliffs Inc. holds Q4 earnings call. Cleveland-Cliffs CEO threatens to use more scrap metal, but Mesabi Trust's production looks to be back to full capacity. Mesabi Trust offers a 7.2% forward yield with potential for higher dividends if iron ore prices increase.

seekingalpha.com

Mesabi Trust: Unlikely Cleveland-Cliffs Shuts Northshore Down In The Near Term

Mesabi Trust's near-term value depends on the actions of Cleveland-Cliffs Inc., which operates the Northshore iron ore mine. Cleveland-Cliffs idled the Northshore mine in 2022 and restarted it in Q2 2023, but CEO Goncalves has threatened to use it as a swing operation. Northshore is not likely to be shut down soon, as Cleveland-Cliffs is faced with robust demand and may want to safeguard its reputation while pursuing acquisitions in steel making.

seekingalpha.com

Mesabi Trust Looks Attractive With Estimated Forward Yield Of 8.2% To 11.4%

Mesabi Trust distributions were scrapped because Cleveland-Cliffs temporarily idled its mine. Iron ore demand could benefit from China's construction sector stimulus. Normalized annualized distributions per unit from Mesabi Trust could be as high as $2.8.

seekingalpha.com

Mesabi Trust: Patient Investor's Opportunity Amid Cleveland-Cliffs' Uncertainty

Mesabi Trust: Patient Investor's Opportunity Amid Cleveland-Cliffs' Uncertainty.

seekingalpha.com

Mesabi Trust: Short-Term This Doesn't Look Great, Long-Term I Like

Mesabi Trust is a yield vehicle that has recently paused its yield. The operator of the Northshore facility has shut it down temporarily.

seekingalpha.com

The 7 Most Undervalued Long-Term Stocks to Buy Now

My task today is to find seven of the most undervalued long-term stocks to buy now. We need to determine two things before stock selection takes place.

investorplace.com

7 Safe High-Yield Dividend Stocks to Buy

In this market, it's understandable if you're a little jumpy. Inflation is up, returns are down and retirement accounts are taking it on the chin.

investorplace.com

7 Small-Cap Growth Stocks With Multibagger Potential

The Federal Reserve's hawkish stance has created opportunities for investors to pick up a few multibagger small-cap growth stocks. These picks are usually riskier than mid-cap and large-cap stocks.

investorplace.com

Mesabi Trust Is Not So Easily Ousted

They earn royalties on iron ore mined from one of Cleveland-Cliffs' main mines. Cleveland-Cliffs is trying to put a strain on Mesabi by idling mining as much as possible at the main Minnesota mine where Mesabi has the royalty agreement.

seekingalpha.com

97 March 10%+Yield Dividend Dogs But 2 Were Overpriced

97 March 10%+Yield Dividend Dogs But 2 Were Overpriced

seekingalpha.com

3 Dividend Paying Industrials Near 52-Week-Lows

Industrials stocks are beat down to a point where we can justify increasing our exposure to the sector.

seekingalpha.com

Mesabi Trust And Its Real Value

Mesabi Trust And Its Real Value

seekingalpha.com

Top 5 1st-Quarter Buys of Murray Stahl's Horizon Kinetics

Murray Stahl (Trades, Portfolio), co-founder of Horizon Kinetics, disclosed this week that his firm's top five buys during the first quarter were in West Fraser Timber Co. Ltd. ( WFG , Financial), Brigham Minerals Inc. ( MNRL , Financial), Archer-Daniels Midland Co. ( ADM , Financial), Mesabi Trust ( MSB , Financial) and Intercontinental Exchange Inc. ( ICE , Financial).

gurufocus.com

Mesabi Trust Stock Gives Every Indication Of Being Significantly Overvalued

The stock of Mesabi Trust (NYSE:MSB, 30-year Financials) is believed to be significantly overvalued, according to GuruFocus Value calculation. GuruFocus Value is GuruFocus' estimate of the fair value at which the stock should be traded.

gurufocus.com

Mesabi Trust Remains Attractive To Yield-Centric Investors

Mesabi Trust is likely to enjoy a strong 2021 on iron ore pricing offering a favorable setup for yield centric-investors. On a macro view, should investors look beyond fixed income for yield, MSB is a likely beneficiary.

seekingalpha.com

State-of-the-art Nahdicare Clinics opens in Jeddah

Nahdi Medical Company (NMC), an award-winning health care provider and Saudi Arabia’s largest pharmacy retail chain, has announced the opening of its second medical center in Jeddah. Located on Prince Mohammed Bin Abdul Aziz Street in the lively Tahlia neighborhood, Nahdicare Clinics provides holistic and personalized in-patient and out-patient medical services to the local community.

arabnews.com

STC reports 22% rise in female employees in 2020

The number of female employees at the Saudi Telecom Company (STC) shot up by 22.6 percent in 2020 compared to the previous year, while the percentage of female employees in leadership positions also increased dramatically, making up around 18 percent of the members of the company’s High Potential (HiPo) leadership program. It is STC’s most important program designed to prepare outstanding employees for leadership positions. Only three years after the company began hiring women, STC now employs around 3,000 female employees.

arabnews.com

LuLu promotes reusable bags in breast cancer campaign

Regional retailer LuLu has launched a charity initiative, “Pink Now: Buy Green, Support Pink,” wherein it will donate SR1 ($0.27) to Zahra Breast Cancer Association for every purchase of a reusable bag across its stores. The campaign was kicked off in a virtual event, inaugurated by Souad bin Amer, deputy chairperson of Zahra Breast Cancer Association, in the presence of Hanadi Al-Othah, CEO, Zahra Breast Cancer Association; Shehim Mohammed, director of LuLu Hypermarkets Saudi Arabia; and other LuLu officials.

arabnews.com

Riyadh Marriott Hotel committed to sustainability

Riyadh Marriott Hotel, built in 1982, is committed to making a positive and sustainable impact on the communities it operates in. One of the goals of Marriott International is to reduce the environmental footprint by 30 percent across its portfolio by 2025.

arabnews.com

KAUST, Misk partner for Entrepreneurship World Cup

For the second year in a row, King Abdullah University of Science and Technology (KAUST) is partnering with Misk Global Forum (MGF) to support this year’s Entrepreneurship World Cup (EWC). KAUST is providing a range of support, notably by hosting a bootcamp for the finalists ahead of the Global Finals that are taking place virtually as part of the MGF annual gathering, from Oct. 18-20.

arabnews.com

Amaala welcomes Victor Clavell as chief operating officer

Amaala, the ultra-luxury destination located along Saudi Arabia’s northwestern coast, has appointed hospitality industry veteran Victor Clavell to the role of chief operating officer. Victor joins Amaala’s senior leadership team, working closely with CEO Nicholas Naples to bring the destination to life over the coming years. With an innate understanding of the luxury hospitality business, Clavell steps into a role that will see him lead the operations division across the destination and its three communities — Triple Bay, The Coastal Development, and The Island.

arabnews.com

Summit promotes PPP as alternative finance solution

MENA PPP Virtual Think Tank, a one-day virtual summit hosted by MEED-GlobalData, will bring together industry experts to discuss public-private partnership (PPP) frameworks and their growing importance in the region. The live event on Tuesday will give audiences an opportunity to engage with government dignitaries, top management officials and decision-makers from the region’s leading infrastructure companies and regulatory authorities.

arabnews.com

Businessman Shetty seeks India probe of NMC, Finablr ex-CEOs over $6 billion scandal

Businessman Shetty seeks India probe of NMC, Finablr ex-CEOs over $6 billion scandal

investing.com

The Fiver | Three big draws made in the ever-exciting world of association football

In today’s Fiver: Big Cup, Big Vase, Energy Tin and a shootout for the ages

theguardian.com

Premier League will lobby Ifab to change controversial handball laws

The Premier League will lobby the rule-making body Ifab to change the handball laws following the controversial penalty awarded against Tottenham’s Eric Dier on Sunday

theguardian.com

What crisis? Europe's top clubs spend £2.5bn on players in transfer window

Premier League spending tops £1bn despite loss of gate receipts

theguardian.com

Abu Dhabi's ADGM appoints administrators for NMC Health

The legal guardianship will protect the group from creditors’ actions.

gulfbusiness.com

Alvarez & Marsal appointed administrator of NMC Healthcare in the UAE

Alvarez & Marsal appointed administrator of NMC Healthcare in the UAE

investing.com

NMC comes into existence as India's regulator of medical education

"With this, the decades-old institution of the Medical Council of India (MCI) stands abolished," the ministry said

business-standard.com

National Medical Commission comes into existence as India's regulator of medical education | Education

"Historic reform in the field of medical education has been effected by the Union government with the constitution of the National Medical Commission (NMC), along with four autonomous boards," the ministry said in a statement. "With this, the decades-old institution of the Medical Council of India (MCI) stands abolished," it said.

devdiscourse.com

National Medical Commission takes charge, Medical Council of India abolished | Health

In a historic reform in the field of medical education, the National Medical Commission (NMC) has been constituted to function as the top medical education regulator, along with four Autonomous Boards. Meanwhile, the Medical Council of India (MCI) has been abolished.

devdiscourse.com

Reform in medical education with constitution of National Medical Commission | Education

The NMC will carry forward the reforms initiated by the Board of Governors under Dr V K Paul.

devdiscourse.com

New medical education regulator NMC comes into force

Responsibilities of the commission range from approving and assessing medical colleges, conducting common MBBS entrance and exit examinations and regulating medical course fees

livemint.com

MCI dissolved, National Medical Commission takes charge

The NMC Act, which seeks to usher in mega reforms in the medical education sector, received the assent of the president on August 8, 2019 and was published the same day

indianexpress.com

Medical education in India: MCI dissolved, new regulator from today

The NMC Act, which seeks to usher in mega reforms in the medical education sector, received the assent of the president on August 8, 2019 and was published the same day.

livemint.com

National Medical Commission to come into force from Sep 25; BoG MCI to be dissolved | Education

Read more about National Medical Commission to come into force from Sep 25; BoG MCI to be dissolved on Devdiscourse

devdiscourse.com

KBBO hires restructuring expert for $2bn debt revamp

The privately-held investment firm with assets in health care and food named Bruno Navarro as its chief restructuring officer.

gulfbusiness.com

Virtusa Affirms Maximum and Certain Value Created by BPEA Transaction

Virtusa Affirms Maximum and Certain Value Created by BPEA Transaction

businesswire.com

Interstitial Cystitis: An Unrecognized Complication of Transvaginal Mesh Slings

Pudendal neuralgia from pudendal nerve entrapment in a majority of cases produce the same urological symptoms that are described for Interstitial Cystitis.

einpresswire.com

Companies House to verify directors' identities before being listed

Move seen as long overdue after complaints of register giving false data credibility

theguardian.com

Bahrain Fisheries and Aquaculture Market Growth, Trends, and Forecast Report 2020-2025 - ResearchAndMarkets.com

The

businesswire.com

Boat And Yacht Transportation Market- Roadmap for Recovery from COVID-19 | Rising Demand For Recreational Boating to boost the Market Growth | Technavio

The Global Boat and Yacht Transportation Market will grow by USD 511.25 mn during 2020-2024

businesswire.com

Tesla Battery Day: Out With The Cobalt, In With The Manganese (NASDAQ:TSLA)

Tesla battery day is coming up on September 22. Big announcements are widely expected with respect to its battery technology.

seekingalpha.com

Virtusa Highlights Merits of Significant Premium Transaction with Baring Private Equity Asia

Virtusa Highlights Merits of Significant Premium Transaction with Baring Private Equity Asia

businesswire.com

The Retirees' Dividend Portfolio: John And Jane's August Taxable Account Update

The Taxable account generated $1,674.90 of dividends in August of 2020 compared with $1,591.52 of dividends in August of 2019.

seekingalpha.com

Mesabi Trust (NYSE:MSB) Share Price Crosses Above 200 Day Moving Average of $16.55

Mesabi Trust (NYSE:MSB) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $16.55 and traded as high as $20.34. Mesabi Trust shares last traded at $19.87, with a volume of 39,807 shares trading hands. The company has a market capitalization of $261.09 million, a PE […]

thelincolnianonline.com

NMC ‘wants to exit Saudi venture’

DUBAI: Administrators to NMC Health, the fraud-stricken UAE-based hospitals company, are looking for buyers of its Saudi Arabian business launched last year. Alvarez & Marsal, the firm appointed to oversee the future of NMC assets following its collapse with a total of $6.6 billion of debts, told creditors in a recent presentation that the Saudi business and some other international operations were regarded as “non-core,” and that it was examining options to sell.

arabnews.com

NMC Health faces advisory fees of $140m for bankruptcy

NMC had a peak market value of $10bn on the London Stock Exchange before the uncovering of billions of dollars of undisclosed debt pushed it into administration.

gulfbusiness.com

Virtusa Outlines Achievements and Mission-Critical Credentials of Current Board, including Nominees Al-Noor Ramji and Joseph G. Doody

Virtusa Corporation (NASDAQ GS: VRTU), a leading IT services provider that enables the digital transformation of Global 2000 enterprises by imagining,

businesswire.com

China renews blue alert for Typhoon Bavi

BEIJING (Xinhua): China's national observatory on Sunday (Aug 23) renewed a blue alert for Typhoon Bavi, which is expected to bring gales to south and southeast China.

thestar.com

China renews blue alert for typhoon Bavi

China's National Meteorological Center (NMC) on Sunday renewed a blue alert for typhoon Bavi, which is expected to lash the country's south and southeast regions. The typhoon, the eighth of this year, strengthened from a tropical depression on Saturday morning and was observed at waters 390 km west of the city of Naha in Japan's Okinawa prefecture at 5 a.m.

indiatvnews.com

NMC administrators say they’re near bottom of hidden debt pit

NMC had a market value of $10bn at its peak on the London Stock Exchange before allegations of fraud pushed it into administration.

gulfbusiness.com

The Retiree's Dividend Portfolio - Jane's July Update: Resilient Dividends

Jane's retirement accounts generated a total of $2,028.65 of dividend income for July 2020 vs. $1,988.24 of dividend income for July of 2019.

seekingalpha.com

The Retirees' Dividend Portfolio: John And Jane's July Taxable Account Update

The Taxable account generated $1,337.01 of dividends in July of 2020 compared with $1,030.43 of dividends in July of 2019.

seekingalpha.com

Hospitals provider Health probed for issuing 'fake' invoices

The hospitals provider, which was forced into administration by lenders in April, reportedly funneled the fake sales through a drugs company controlled by NMC founder BR Shetty (pictured).

thisismoney.co.uk

Stokes and Woakes drag England back into Test with late Pakistan wickets

Pakistan are still in charge of the first Test and it will take something remarkable from an England side that occasionally has the capacity to amaze to change that

theguardian.com

Eve & Co Announces Licensing Agreement With Colio Estate Wines

Eve & Co Incorporated (“Eve & Co”, “we”, “us” or the “Company”) (TSX-V: EVE; OTCQX: EEVVF) is pleased to announce that its wholly-owned subsidiary, Natural

einpresswire.com

Dividends By The Numbers In July 2020

July 2020 saw significant improvements for dividend-paying firms in the U.S. stock market.

seekingalpha.com

Typhoon Hagupit makes landfall in China's Zhejiang province

BEIJING (Xinhua): Hagupit, the fourth typhoon of this year, landed in east China's Zhejiang Province in the wee hours of Tuesday (Aug 4), the National Meteorological Center (NMC) said.

thestar.com

UAE's NMC Health secures $250m funding - Gulf Business

NMC has developed a three-year business plan with a strategy to deliver continued growth in its core UAE business

gulfbusiness.com

NMC Health gets operating reprieve with $250 mln loan

Hospital operator NMC Health has secured a $250 million financing facility which will allow it to

english.alarabiya.net

Entegris Asia Pte Ltd. and SIMTech Establish a Joint Research Laboratory Focused on Expanding and Enhancing Entegris’ Product Development Capabilities Using Additive Manufacturing (3D Printing)

Entegris, Inc. (NASDAQ: ENTG), a world-class supplier of advanced materials and process solutions for the semiconductor and other high-technology indu

businesswire.com

The Business Of Social Media Influencers In The UAE

We look into how the business of influencers is operated in the UAE and what legal ramifications could be in store for an influencer's failure to influence.

entrepreneur.com

The Retiree's Dividend Portfolio - Jane's June Update: Record Dividends During COVID-19

Jane's retirement accounts generated a total of $2,047.11 of dividend income for June 2020 vs. $1,561.04 of dividend income for June of 2019.

seekingalpha.com

NMC Health wants to raise up to $250 million ahead of UAE insolvency process: Sources

Hospital operator NMC Health is looking to raise up to $250 million in debt while it prepares for

english.alarabiya.net

The Retirees' Dividend Portfolio: John And Jane's May Taxable Account Update

The Taxable account generated $1,407.88 of dividends in June of 2020 compared with $936.06 of dividends in June of 2019.

seekingalpha.com

Another standoff between NMC, BJP: Civic staff goes on ‘pen-down’ strike after MLC ‘abuses’ senior official

MLC Pravin Datke had phoned Assistant Director, Town Planning, Pramod Gawande to ask why he had not made himself present after a BJP corporator had asked him to come and check a stalled road work project.

indianexpress.com

Bavaguthu Raghuram Shetty: What's in a name? Banks count cost of loans in NMC collapse

Bavaguthu Raghuram Shetty, an Abu Dhabi-based Indian entrepreneur, was feted as the Gulf's ultimate immigrant success story and NMC Health, the United Arab Emirates' largest private hospital group, borrowed without having to provide collateral from dozens of banks either headquartered or with bases in the region.

economictimes.indiatimes.com

The perils of name lending: Banks count cost of loans in NMC collapse

Borrowing on the basis of reputation, known as "name lending", and taking on a large exposure to one person or entity is not unusual in the Gulf region

business-standard.com

What's in a name? Banks count cost of loans in NMC collapse | MarketScreener

marketscreener.com

NMC's UAE entity weighing Abu Dhabi option for restructuring: sources

NMC's UAE entity weighing Abu Dhabi option for restructuring: sources

investing.com

What's in a name? Banks count cost of loans in NMC collapse

What's in a name? Banks count cost of loans in NMC collapse

uk.investing.com

DWS et Northwestern Mutual Capital : partenariat stratégique concernant les marchés privés

zonebourse.com

Boris Johnson's pledge to recruit 50,000 more NHS nurses is in doubt

Number of nurses coming from EU fell again and coronavirus prevented further arrivals

theguardian.com

Global Lithium-ion Electric Vehicle Battery Market (2020 to 2025) - Analysis by Chemistry Type, Vehicle Type, Region & Country - ResearchAndMarkets.com

The

businesswire.com

EY’s Shameful Year – NMC Health, Luckin, Wirecard And A Failed Attack On A Whistleblower

EY has a lot of explaining to do about its work for three high-flying companies now mired in financial scandals.

forbes.com

Sheffield United sweep Tottenham aside to revive hopes of Europe

Goals from Sander Berge, Lys Mousset and Oli McBurnie gave Sheffield United a comfortable 3-1 win over Tottenham at Bramall Lane in the Premier League

theguardian.com

England cricket team to wear Black Lives Matter badge against West Indies

The logo on England’s shirts is becoming a symbol of sport’s attempts to distance its own actions in protesting against racial injustice from the organisation that shares the name

theguardian.com

Ex-Spurs transfer chief trying to bring Serge Aurier to Monaco

MONACO are eyeing up a summer swoop for Tottenham star Serge Aurier, according to reports. The right-back, 27, has been resurgent under Jose Mourinho having been frozen out under Mauricio Pochettin…

thesun.co.uk

Coronavirus update: 183 more test positive in Nashik; two patients die

Maharashtra's Nashik district registered two more coronavirus deaths, taking the toll to 240 on Wednesday, while 183 more persons tested positive, pushing up the count to 4,453, officials said.

business-standard.com

National Media Club President Sachin Awasthi bags the prestigious Global Humanitarian Award in London

He has been awarded the ‘Top Publicist’ honour and he is one of just 100 awardees belonging to 35 different countries and 7 continents.

hindustantimes.com

In letter to PMO, Gadkari accuses Tukaram Mundhe of ‘grabbing position’ of Smart City agency CEO

Gadkari shot off the letter on Sunday, marking a copy to Union Minister of State for Urban Development Hardeep Singh Puri.

indianexpress.com

Tesla and the science behind the next-generation, lower-cost, 'million-mile' electric-car battery

Elon Musk is often referred to as the real-life Tony Stark, aka Iron Man, and in the new quest to engineer an electric vehicle battery that lasts up to 1 million miles, iron may play the role of hero.

cnbc.com

Steem Trading Down 4.4% Over Last 7 Days (STEEM)

Steem (CURRENCY:STEEM) traded 1.7% higher against the U.S. dollar during the 24-hour period ending at 10:00 AM E.T. on June 30th. Steem has a market cap of $74.45 million and approximately $1.87 million worth of Steem was traded on exchanges in the last day. One Steem coin can now be purchased for approximately $0.20 or […]

thelincolnianonline.com

project44 erlebt im Jahr 2020 ein Wachstum von 139 %

project44®, das weltweit führende Unternehmen von Advanced Visibility für Verlader und Logistikdienstleister, gab heute bekannt, dass es ein rekordver

businesswire.com

ATBCoin (ATB) One Day Volume Hits $39,413.00

ATBCoin (CURRENCY:ATB) traded down 1.7% against the dollar during the twenty-four hour period ending at 12:00 PM E.T. on June 29th. ATBCoin has a market capitalization of $53,852.18 and approximately $39,413.00 worth of ATBCoin was traded on exchanges in the last 24 hours. Over the last week, ATBCoin has traded down 16.4% against the dollar. […]

thelincolnianonline.com