Enova (ENVA) Announces Increased Stock Buyback
Enova International (ENVA) just announced an increased stock buyback of $100 million. The company had $27 million left on its existing buyback authorization so this represents an increase of $73 million. Given how cheap the stock is and that last quarter represented an all-time high for loan originations, we like the move.
Houghton Mifflin Harcourt Reportedly Exploring a Sale
There’s a story on Bloomberg News saying Houghton Mifflin ($HMHC) is exploring a sale. The company has hired an advisor, and Private Equity firms are doing due diligence. HMHC has been on the Deep Knowledge Investing buy list since January of 2021, and we continue to own a position. The stock has traded up in … Read more
Time to Ramble On – Peter Costa
DKI has been writing about #inflation, #interestrates, and #hedging. Here’s some great analysis by member of the DKI Board of Advisors, Peter Costa: Time to Ramble On