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Exclusive: Starbucks supplier Cuisine Solutions hires Morgan Stanley and Rothschild for potential sale, sources say
Reuters· 2025-12-18 21:47
Food company Cuisine Solutions, which makes egg bites for Starbucks and sous vide grass-fed beef sirloin for Costco , has hired investment banks to explore a sale next year that could value the private, family-owned company at over $2 billion, according to people familiar with the matter. ...
Altcoins plunge as bitcoin's $85,000 test triggers $550 million in liquidations
Yahoo Finance· 2025-12-18 21:46
Crypto losses accelerated Thursday afternoon as bitcoin (BTC) broke below the key $85,000 support level, dipping to $84,500 — its weakest price in nearly three weeks — before rebounding slightly. The move erased BTC’s morning rally to $89,500 and dragged the broader crypto market lower. Ether (ETH) fell under $2,800, down 1.1% in the past 24 hours, while Solana’s SOL dropped 4% to below $120, its lowest since April. Altcoins led the rout, with Cardano (ADA), Dogecoin (DOGE), and SUI plunging more than 5 ...
Air Lease Announces Stockholder Approval of Merger Agreement with Sumitomo Corporation, SMBC Aviation Capital, Apollo and Brookfield
Businesswire· 2025-12-18 21:45
LOS ANGELES--(BUSINESS WIRE)--Air Lease (NYSE: AL) announced today that its Class A common stockholders have voted to approve the previously announced definitive merger agreement, dated as of September 1, 2025, pursuant to which Air Lease will be acquired by a new holding company named Sumisho Air Lease Corporation DAC, based in Dublin, Ireland, whose shares will be held by Sumitomo Corporation, SMBC Aviation Capital Limited, and investment vehicles affiliated with Apollo managed funds and Broo. ...
HOLD – Positioning Your Portfolio in a Shifting Software Industry
Etftrends· 2025-12-18 21:45
For years now, the software sector has been a tried-and-tested part of growth portfolios for advisors and investors. But the software sector now changing drastically. So it's important to understand who tomorrow's winners are, and where they may end up being. The shifting nature of the software industry was discussed at length during an episode of the MFS All Angles Podcast. In the episode, host Sean Kenney, CFA, executive vice president and co-head of global distribution at MFS, sat down with Matt Doherty, ...
HOLD – 2 Bond ETFs That Can Adjust to Any Fed Rate Decision
Etftrends· 2025-12-18 21:45
For more news, information, and strategy, visit our Portfolio Construction Content Hub. MFSB offers investors core bond exposure that could serve as an investor's standalone fixed income allocation in a 60-40 portfolio. Or, it can be used as a complementary active fund to an existing fixed income portfolio that already has indexed fund exposure. As indicated in the fund's fact sheet, MFSB will invest in "investment-grade bond strategy that integrates macro, bottom-up, and technical perspectives in an effort ...
Stabilis Solutions Announces Multi-Year Marine Bunkering Agreement with Carnival Coprporation at Proposed Galveston LNG Liquefaction Facility
Accessnewswire· 2025-12-18 21:45
Carnival represents the second anchor offtake agreement announced in connection with the Galveston LNG project. HOUSTON, TX / ACCESS Newswire / December 18, 2025 / Stabilis Solutions, Inc., ("Stabilis" or the "Company") (Nasdaq:SLNG), a leading provider of clean energy production, storage, and delivery solutions, today announced that it has entered into a definitive, 10-year offtake agreement (the "Agreement") with Carnival Corporation & plc ("Carnival") (NYSE/LSE:CCL; NYSE:CUK) to supply Liquefied Natural ...
Service Properties Trust Provides Business Update
Businesswire· 2025-12-18 21:45
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) ("SVC†) today provided an update on its hotel dispositions and recent actions to strengthen its balance sheet. Hotel Sales During the 2025 fourth quarter to date, SVC has closed on the sales of 66 hotels with a total of 8,294 keys for aggregate gross proceeds of approximately $534 million. Year to date, SVC has sold 112 hotels with a total of 14,631 keys for aggregate gross proceeds of approximately $859 million. SVC remains. ...
Nike says turnaround plans are ‘in the middle innings,' but investor worries remain
MarketWatch· 2025-12-18 21:45
Core Insights - Nike Inc. reported fiscal second-quarter results that exceeded Wall Street's expectations, indicating strong performance despite challenges in the market [1] - The company's margins have contracted, suggesting potential pressures on profitability moving forward [1] - Management described the current phase of the business as being "in the middle innings," implying that there is still significant progress to be made in their strategic initiatives [1] Financial Performance - The fiscal second-quarter results showed a positive surprise compared to analyst forecasts, highlighting the company's ability to outperform expectations [1] - The contraction in margins indicates that while revenue may be growing, costs are also rising, which could impact future earnings [1] Strategic Outlook - Management's comment about being "in the middle innings" suggests that the company is still in the process of executing its long-term strategy, with more developments expected in the future [1]
Disruptive Tech ETF Targets Robotics, AI Security
Etftrends· 2025-12-18 21:45
The broad AI boom is giving way to targeted applications in warehouse robotics, cybersecurity and domain- specific models, creating opportunities for funds like the ALPS Disruptive Technologies ETF (DTEC), according to Gartner's latest technology forecast. Gartner's Top 10 Strategic Technology Trends for 2026 report shows enterprises moving away from general-purpose AI tools toward specialized applications in three key areas: robotics, security and industry- specific AI models. DTEC holds exposure across al ...
Legal Battle Between Saks Global and Yumi Shin Rages On
Yahoo Finance· 2025-12-18 21:44
The legal battle between former Bergdorf Goodman chief merchant Yumi Shin and Saks Global continues to rage on, with new twists and turns emerging over the past week. Court papers reveal that Shin is attempting to get the case against her dismissed, and that she is arguing that trying the case in a federal court in Texas violates her rights. More from WWD Meanwhile, Saks Global wants to have information on its acquisition of the Neiman Marcus Group contained in Shin’s court papers redacted. Last week S ...