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Protiviti Congratulates Brand Ambassador James Nicholas on Victory at the Astara Golf Championship presented by Mastercard
Prnewswire· 2026-02-09 16:20
Continue Reading James Nicholas thth Nicholas entered the final round in a tie for the lead but trailed Norman Xiong by one with three holes to play. He birdied the 16 hole and eagled the 18 to secure a two-stroke victory in dramatic fashion on the Fundadores Course at the Country Club de Bogota-Lagos. The win moved him to third place on the Korn Ferry Tour points list. To commemorate Nicholas' win, Protiviti donated 25,000 meals through its 'Birdies for Meals' campaign. Since its launch in 2021, the Birdie ...
Baron Financials ETF Q4 2025 Quarterly Letter (BCFN)
Seeking Alpha· 2026-02-09 16:20
Core Insights - The Baron Financials ETF experienced a decline of 2.22% in the fourth quarter of 2025, underperforming the FactSet Global FinTech Index, which fell by 7.19%, but slightly trailing the MSCI USA Financials Index, which gained 2.07% [2][3][7] - Since its inception on December 31, 2019, the Fund has achieved an annualized return of 10.21%, outperforming the FinTech Index's 2.55% but lagging behind the Financials Index's 11.97% [2][3] Performance Overview - In the fourth quarter, the Fund's performance was driven by favorable stock selection within Information Services and an overweighting in Tech-Enabled Financials, while underexposure to banks negatively impacted relative performance [7][8] - The Fund's average weighting in banks was only 6%, which cost nearly 2 percentage points of relative performance against the Financials Index, where banks had a 38% weighting and were the top-performing industry [7][8] Sector Analysis - The Fund's holdings are segmented into various industries, with Capital Markets representing 31.7%, Information Services at 20.7%, and Payments at 17.4% as of December 31, 2025 [20][23] - The Fund has a significant overweight in Information Services and Capital Markets compared to the Financials Index, while being underweight in Banks and Insurance [20][21] Key Contributors and Detractors - Top contributors to the Fund's performance included Fair Isaac Corporation, S&P Global Inc., and Jack Henry & Associates, with Fair Isaac contributing 0.37% to returns due to strong quarterly results and positive fiscal guidance [12][13][14] - Major detractors included Robinhood Markets, which fell 0.93% due to a decline in customer engagement and cryptocurrency trading volumes, and MercadoLibre, which faced competitive pressures and margin concerns [16][17] Recent Activity - The Fund made significant net purchases in Morgan Stanley, Capital One Financial Corporation, and The Charles Schwab Corporation, focusing on firms with strong growth prospects and diversified revenue streams [25][31] - The Fund trimmed positions in Guidewire Software and Interactive Brokers to manage exposure to the volatile software sector and to fund purchases with better expected returns [32][33] Market Outlook - The macroeconomic environment is viewed as generally healthy, with stable credit trends and a low unemployment rate of 4.4% as of December 2025, supporting growth in the financial sector [34][35] - The Fund anticipates continued growth driven by favorable fiscal policies and easing monetary conditions, with expectations for two rate cuts in the upcoming year [35][36]
Baron Financials ETF Q4 2025 Quarterly Letter
Seeking Alpha· 2026-02-09 16:20
primeimages/E+ via Getty Images Dear Baron FinTech Fund Shareholder, In the quarter ended December 31, 2025, Baron Financials ETF® (BCFN)(the Fund) fell 2.22% (NAV) compared with a 7.19% decline for the FactSet Global FinTech Index (the FinTech Index) and a 2.07% gain for the MSCI USA Financials Index (the Financials Index). Since inception, the Fund has risen at a 10.21% annualized rate compared with 2.55% for the FinTech Index and 11.97% for the Financials Index. Annualized performance (%) for period ...
How to save for a down payment
Yahoo Finance· 2026-02-09 16:19
Although mortgage rates may be rising, that can be good news for your savings. Some banks and credit unions are paying as much as 4% annual percentage yield (APY) on select accounts. Consider stashing your savings in one of the following:The median down payment for all homebuyers is 19%, according to the National Association of Realtors . First-time homebuyers make a median down payment of 10%.Once you’ve decided how much home you can afford , you can start deciding how much to put down on your house and ma ...
MSCI Talks Indexing and Private Markets Momentum at UBS Conference as ESG Demand Stays Uneven
Yahoo Finance· 2026-02-09 16:19
Core Insights - MSCI's retention rates improve when clients utilize multiple products, with upselling and enhanced account management being key strategies for increasing client stickiness [1] - The company experienced strong fourth-quarter performance, driven by asset managers and specific product areas like Private Capital Solutions [2][3] - MSCI's historical growth includes a 13% revenue CAGR, 15% adjusted EBITDA CAGR, and 16% adjusted EPS CAGR since its IPO, with recent quarterly growth rates of 11% in revenue and 14% in operating income [3] Product and Market Dynamics - MSCI is positioned as a critical provider of benchmarks and analytics, with increasing demand driven by global savings growth, strategy personalization, and complex risk considerations [4] - The index business shows double-digit growth potential, with a fourth-quarter index subscription run-rate growth of 9.4%, although ESG-related growth has slowed [6] - Demand from the trading ecosystem and wealth firms is increasing, with custom indexing seeing significant acceleration [7] Analytics and Sustainability - Fourth-quarter sales in analytics were stable, with solid double-digit growth in equity analytics, particularly benefiting from hedge fund growth [9] - Demand for sustainability insights is uneven, but growth is noted in areas like physical risk insights and AI-enabled analytics [10] - In private assets, MSCI faces cyclical headwinds but is seeing growth in specific areas, with a recent uptick in Private Capital Solutions growth to 15% [11][12] Technological Advancements - AI is enhancing efficiency and product offerings, with a reported 30%+ improvement in cost per data point in private markets [13] - MSCI generated approximately $10 million in sales from AI-enabled tools in 2025, indicating a focus on integrated portfolio solutions [13] Financial Management and Strategy - MSCI's expense guidance anticipates flat AUM levels in the first half of the year, with a focus on calibrating spending based on market conditions [14] - The company adopts an opportunistic approach to share repurchases and remains selective in M&A, targeting bolt-on deals to enhance capabilities [14] Company Overview - MSCI is a global provider of investment decision support tools, known for its market indexes and analytics, which are essential for asset managers and investment strategies [15] - The company has expanded into ESG research and ratings, providing tools for investors to incorporate sustainability into their investment processes [16]
Google sued by Autodesk over AI-powered movie-making software
Reuters· 2026-02-09 16:18
Google has been sued by Autodesk for allegedly infringing its "Flow" trademark to market competing AI-enabled software used to make movies, TV shows and video games. ...
Johnson Fistel, PLLP Investigates Kyndryl Holdings, Inc. (KD) for Potential Violations of Federal Securities Laws
TMX Newsfile· 2026-02-09 16:16
San Diego, California--(Newsfile Corp. - February 9, 2026) - Johnson Fistel, PLLP is investigating whether Kyndryl Holdings, Inc. (NYSE: KD) or its executive officers complied with the federal securities laws. The investigation focuses on investors' losses and whether those losses may be recoverable under federal securities laws. If you purchased Kyndryl securities and suffered losses on your investment, join our investigation now: Click Here to Join the Investigation.For more information, contact Jim Bake ...
Should Carpenter Technology Be Part of Your Portfolio Post Q2 Results?
ZACKS· 2026-02-09 16:15
Key Takeaways CRS posted record Q2 operating income as revenues rose 7.5% and adjusted EPS increased year over year.Carpenter Technology raised FY26 operating income guidance to $680-$700M, signaling strong profit momentum.CRS saw strength in aerospace and defense, while medical and distribution end markets faced pressure.Carpenter Technology Corporation (CRS) reported solid second-quarter fiscal 2026 results, delivering year-over-year increases in its top and bottom lines. CRS’ shares have surged 92.4% ove ...
International Flavors to Report Q4 Earnings: What's in Store?
ZACKS· 2026-02-09 16:15
Key Takeaways IFF is expected to post Q4 sales of $2.51B, down 9.7% year over year, with EPS seen at $0.85.International Flavors beat on earnings in each of the past four quarters, delivering an average 9.5% surprise.IFF saw volume growth and productivity gains, but higher raw material costs likely weighed on margins.International Flavors & Fragrances Inc. (IFF) is scheduled to report fourth-quarter 2025 results on Feb. 11, after the closing bell.The Zacks Consensus Estimate for sales is pegged at $2.51 bil ...
TYL to Report Q4 Earnings: What's in the Cards for the Stock?
ZACKS· 2026-02-09 16:15
Key Takeaways Tyler Technologies is set to report Q4 results on Feb. 11, with revenues seen up 8.96% year over year.TYL's subscription revenues are expected to rise 14.7% as public-sector clients shift to SaaS platforms.Software licenses and maintenance revenues are projected to decline amid the ongoing transition to SaaS.Tyler Technologies, Inc. (TYL) is scheduled to report fourth-quarter 2025 results on Feb. 11, after market close.The Zacks Consensus Estimate for fourth-quarter revenues is pegged at $589. ...