Corton Capital Inc. Announces December 2025 Distributions for the Exchange Traded Fund
TMX Newsfile· 2025-12-18 00:01
Toronto, Ontario--(Newsfile Corp. - December 17, 2025) - Corton Capital Inc. ("Corton") today announces cash distributions for the Class ETF Units of the Corton Enhanced Income Fund for the month of December. The cash distributions will be paid on or about January 8, 2026 to unitholders of record on December 31, 2025.Details regarding the per unit cash distribution amount are as follows: Corton ETF TSX Ticker Cash Distribution Corton Enhanced Income Fund RAAA $0.06 per unit For further information, includi ...
Old Dominion University Sets New Benchmark in Cybersecurity Education
Financial Modeling Prep· 2025-12-18 00:00
Core Insights - Old Dominion University has achieved a significant milestone by becoming the first institution to receive dual validation from the NSA for its innovative cyber and artificial intelligence programs, setting a new national benchmark in cybersecurity education [1][6] - The university's cybersecurity programs are validated through 2030, demonstrating a long-term commitment to excellence in the field [2][6] - Old Dominion University is the only institution in Virginia and one of ten nationwide to earn all three of NSA's Centers of Academic Excellence designations, highlighting its leadership in preparing students for the intersection of artificial intelligence and cyber defense [3][6] Program Details - The Bachelor of Science in Cybersecurity with a Major in Artificial Intelligence for Cybersecurity received AICyber validation, while the Master of Science in Cybersecurity with a concentration in AI Security was validated for the SecureAI program [2] - The School of Cybersecurity has grown significantly since its inception in 2015, enrolling approximately 1,700 students this fall and graduating over 1,500 alumni [4] Partnerships and Opportunities - Old Dominion University has developed partnerships with national agencies and companies, including local military bases, the NSA, and Amazon, to provide students with internship, research, and certification opportunities [5] - This commitment to innovation ensures that graduates are well-equipped to lead in the cybersecurity industry [5]
Market Analysis: Top Losers and the Volatility Behind Their Decline
Financial Modeling Prep· 2025-12-18 00:00
Company-Specific Developments - Linkhome Holdings Inc. (NASDAQ: LHAI) experienced a significant price drop of 52.81%, falling to $6.04, despite launching an AI-driven advertising platform aimed at boosting revenue [2][8] - Jyong Biotech Ltd. (NASDAQ: MENS) saw its stock price fall by 74.91% to $3.86, potentially due to the end of its lock-up period following its IPO, where it raised $20 million at $7.50 per share [3][8] - The BNY Mellon Mid Cap Multi-Strategy Fund Class Investor (NASDAQ: MIMSX) plummeted by 88.33% to $1.75, indicating possible underperformance in its asset allocation within the mid-cap sector [4][8] - Vision Marine Technologies Inc. (VMAR) experienced a 49.71% decrease in its price to $0.49, following a dilutive offering filed with the SEC, despite a prior surge of 157% [5] - VistaGen Therapeutics, Inc. (NASDAQ: VTGN) saw its price decrease by 79.67% to $0.88, following disappointing results from a pivotal late-stage study of its social anxiety disorder drug [6] Market Trends and Volatility - The significant price movements of these companies highlight the inherent risks and volatility in sectors such as biotechnology, real estate technology, and emerging technologies like electric marine vehicles [7] - Factors such as clinical trial results, regulatory approvals, market competition, and broader economic conditions can dramatically affect company valuations [7]
Bupa Hong Kong has selected Cognizant to deliver an AI-driven BPaaS solution to transform health insurance claims
Prnewswire· 2025-12-18 00:00
Core Insights - Cognizant has announced a strategic collaboration with Bupa Hong Kong to implement an AI-driven Business-Process-as-a-Service (BPaaS) solution for claims modernization, marking the largest Intuitive Operations and Automation (IOA) services deal for Cognizant in Hong Kong [1][2] Company Overview - Cognizant specializes in modernizing technology, reimagining processes, and transforming experiences to help clients stay competitive in a rapidly changing environment [4] - Bupa is an international healthcare group with over 70 years of experience, serving more than 38 million customers globally, and reinvesting profits to enhance healthcare services [5] Collaboration Details - The BPaaS solution will integrate cloud-native technologies, generative AI-led claims automation, and comprehensive fraud, waste, and abuse (FWA) detection to enhance Bupa's productivity and regulatory compliance [2] - The collaboration aims to improve key performance indicators (KPIs) for Bupa, including faster claims processing, increased customer satisfaction, and greater operational efficiency [2][3] Strategic Goals - Bupa Hong Kong aims to leverage this collaboration to streamline claims processing, reduce operational friction, and mitigate risks, ultimately enhancing customer satisfaction and regulatory compliance [3] - Cognizant emphasizes the importance of data in transformative AI, aiming to address data debt and fuel intelligent systems that adapt and scale according to client-defined parameters [3]
How Far Can Brent and WTI Fall in an Oversupplied Market?
Yahoo Finance· 2025-12-18 00:00
Last month, Goldman Sachs commodity analysts said they expected Brent crude to average $56 per barrel in 2026, with West Texas Intermediate at $52, citing, once again, an oversupplied market. Yet it was Goldman again that quickly adjusted its oil demand growth outlook following the International Energy Agency’s revision of peak oil demand projections. In the update, made in November, Goldman dropped its prediction of peak oil demand growth by 2034, now expecting demand to continue growing until at least 204 ...
Asia-Pacific markets set to fall as rotation out of tech continues; traders await Trump address
CNBC· 2025-12-17 23:58
Market Overview - Asia-Pacific markets experienced a decline as investors shifted away from technology stocks, influenced by movements in Wall Street [1] - The Bank of Japan is expected to raise interest rates to 0.75% during its upcoming two-day meeting [4] U.S. Political Developments - U.S. President Donald Trump is scheduled to deliver a speech discussing his accomplishments and actions against Venezuela, including designating its government as a 'terrorist' regime and ordering a blockade of sanctioned oil tankers [2][3] Energy Sector - Brent crude futures increased by 2.95% to $60.66 per barrel, while West Texas Intermediate futures rose by 1.88% to $56.99 [3] - Shares of Woodside Energy fell by 1.84% following the resignation of CEO Meg O'Neill, who accepted a position at BP [5] Technology Sector - Stocks related to artificial intelligence faced significant declines, particularly after Blue Owl Capital withdrew funding from Oracle's data center project, leading to a 5.4% drop in AI-related shares [6] - Major AI stocks, including Broadcom, Nvidia, and Advanced Micro Devices, also saw declines [6] U.S. Stock Market Performance - All three major U.S. indexes reported losses, with the S&P 500 down 1.16%, the Nasdaq Composite down 1.81%, and the Dow Jones Industrial Average down 0.47% [5]
Hyundai, Kia to spend millions fixing anti-theft technology after cars become top targets for crime
Fox Business· 2025-12-17 23:55
Core Points - Hyundai and Kia are overhauling security features in millions of vehicles due to a multistate settlement regarding the lack of industry-standard anti-theft technology [1][3] - The automakers will provide free ignition cylinder protectors, add engine immobilizers to future U.S. vehicles, and pay up to $9 million in restitution [2][12] - Nearly 4 million Hyundai and 3.1 million Kia vehicles in the U.S. are eligible for upgrades, with installation costs potentially exceeding $500 million [2][5] Security Features Overhaul - The settlement requires Hyundai and Kia to provide zinc-reinforced ignition cylinder protectors to current eligible owners [2] - Engine immobilizers, which prevent vehicles from starting without a smart key, will be added to all future U.S. models [2][5] - In 2015, only 26% of U.S. Kia and Hyundai vehicles had immobilizers, compared to 96% for other manufacturers, contributing to a rise in auto thefts [5] Impact of Theft - The absence of immobilizers allowed thieves to easily start vehicles without keys, leading to a significant increase in auto thefts [5][6] - The rise in thefts has resulted in many stolen vehicles being used in crimes and traffic collisions [6] Settlement Details - The multistate settlement involved over 30 states, led by Connecticut, Minnesota, and New Hampshire, with several other states as co-leads [12] - Eligible consumers will receive notices starting in early 2026 and have until March 2027 to install the ignition cylinder protector at a dealership [9]
November's inflation report is the first to be released after the shutdown. Here's what to expect
CNBC· 2025-12-17 23:52
Core Insights - Wall Street is anticipating the release of the November consumer price index (CPI) report, which will be the first inflation reading since the end of the U.S. government shutdown [1] - Economists expect a 12-month inflation rate of 3.1%, with core CPI (excluding food and energy) projected at 3.0% [1] - The Bureau of Labor Statistics has indicated that the report will not include one-month percent changes for November 2025 due to the cancellation of the October inflation report [2] Economic Predictions - José Torres, a senior economist, suggests that the psychological impact of inflation readings below 3% is significant, with expectations for the headline and core readings to potentially be lower than the consensus at 2.9% [3] - A 2.9% reading could create positive momentum for stocks and facilitate a "Santa Claus rally" as well as influence interest rate expectations for the following year [4] - Maintaining inflation in the twos rather than allowing it to rise to the threes would strengthen expectations for monetary policy easing and enable more interest rate cuts in the upcoming year [5]
Why the Market Dipped But Comcast (CMCSA) Gained Today
ZACKS· 2025-12-17 23:51
Company Performance - Comcast closed at $30.32, marking a +1.98% increase from the previous day, outperforming the S&P 500's loss of 1.16% [1] - The stock has gained 8.66% over the past month, while the Consumer Discretionary sector and S&P 500 gained 1.09% and 1.03%, respectively [1] Upcoming Financial Results - Comcast is expected to report an EPS of $0.75, which is a decrease of 21.88% from the same quarter last year [2] - The consensus estimate for revenue is projected at $32.24 billion, reflecting a 1.03% increase from the equivalent quarter last year [2] Fiscal Year Estimates - For the entire fiscal year, earnings are predicted to be $4.18 per share, with revenue at $123.64 billion, indicating changes of -3.46% and -0.07% from the previous year [3] - Recent adjustments to analyst estimates for Comcast are important as they reflect changing business trends, with positive revisions indicating a favorable business outlook [3] Zacks Rank and Valuation - Comcast currently holds a Zacks Rank of 3 (Hold), with a recent 0.1% decline in the Zacks Consensus EPS estimate [5] - The company is trading at a Forward P/E ratio of 7.11, which is a premium compared to the industry average Forward P/E of 6.43 [5] Industry Context - The Cable Television industry, part of the Consumer Discretionary sector, has a Zacks Industry Rank of 201, placing it in the bottom 19% of over 250 industries [7] - The Zacks Industry Rank evaluates the strength of industry groups, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [7]
SCHD: This ETF Stinks
Seeking Alpha· 2025-12-17 23:50
Group 1 - The article promotes a blended trading and investing approach to significantly grow wealth [1] - A promotional offer allows members to save 50% on services, reducing the cost from $1,668 to $834, which is available until the end of the week [1] - A holiday deal is also highlighted, offering a one-month trial for $77 instead of the regular price of $199 [1] Group 2 - The company claims that their results demonstrate the effectiveness of their services [1] - The messaging encourages potential clients to take action now to start experiencing gains [3]