Medix has launched Travel Allied services to connect care facilities, hospitals, and health systems across the US with licensed allied health professionals. The service addresses both immediate and long-term staffing requirements, from new units opening to managing seasonal surges or filling specialities in rural areas. Medix Healthcare president Jared Gelfond said: "When healthcare organisations struggle to fill critical roles, it puts pressure on every part of the care team. "Our Travel Allied service ...

Evercore ISI downgrades FedEx shares to Hold from Buy. ...

SPECIAL REPORT: See The Most Trusted Financial Firms By Category Members of the Federal Reserve's policy committee kick off their two-day meeting today, ahead of their crucial interest rate decision on Wednesday. IPO stock Millrose Properties leads a group of housing and homebuilders stocks setting up ahead of the announcement, as many analysts expect the Fed to cut rates. CME Group's FedWatch tool estimates a 96% chance of a 0.25… Related news Fed Meeting In Focus With FedEx, Lennar, Meta Due; Tesla Leads ...

Benchmark indices Sensex and Nifty rose for the second day on Wednesday on buying in IT, banking, and auto shares by investors enthused by positive day-long discussions with the visiting US team on a bilateral trade deal.Photograph: Hemanshi Kamani/ReutersThe 30-share BSE Sensex edged higher by 313.02 points or 0.38 per cent to settle at 82,693.71.During the day, it jumped 361.26 points or 0.43 per cent to 82,741.95. The 50-share NSE Nifty climbed 91.15 points or 0.36 per cent to 25,330.25.Growing expectati ...

Group 1 - Sands Capital Global Growth Strategy reported a portfolio return of 21.7% in Q2 2025, outperforming the MSCI ACWI index which returned 11.5% [1] - The second quarter results marked the fourth best performance since the fund's inception in 2008, both in absolute and relative terms [1] - The investor letter highlighted NIKE, Inc. as one of the top individual absolute detractors, with a one-month return of -4.60% and a 52-week loss of 10.07% [2][3] Group 2 - NIKE, Inc. closed at $72.75 per share on September 16, 2025, with a market capitalization of $107.44 billion [2] - Despite being the largest athletic footwear and apparel company by revenue, NIKE was sold by Sands Capital in Q2 2025 [3] - NIKE, Inc. was held by 81 hedge fund portfolios at the end of Q2 2025, unchanged from the previous quarter [4]

NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. ("Rithm†or "Rithm Capital†), a global alternative asset manager, announced today that it has entered into a definitive agreement to acquire Paramount Group, Inc. (NYSE: PGRE) ("Paramount†or the "Company†), a vertically-integrated real estate investment trust that owns, operates, manages, and redevelops Class A office properties in New York City and San Francisco, for total cash consideration to Paramount shareholders of approximately $1.6 billion. ...

Group 1: Sands Capital Global Growth Strategy Overview - Sands Capital released its second-quarter 2025 investor letter, highlighting a flexible approach to identify promising growth companies globally [1] - The Global Growth portfolio achieved a return of 21.7% in the quarter, outperforming the MSCI ACWI index, which returned 11.5% [1] - This quarter's performance marked the fourth best since the fund's inception in 2008, both in absolute and relative terms [1] Group 2: Builders FirstSource, Inc. (NYSE:BLDR) Analysis - Builders FirstSource, Inc. is the largest distributor of lumber and building materials in the U.S. by market share [3] - The company experienced a one-month return of 3.19%, but its shares have decreased by 29.58% over the past 52 weeks, closing at $136.99 with a market capitalization of $15.144 billion [2][3] - The U.S. housing market remains sluggish, with housing starts down 5% year-over-year in Q1 2025, indicating a challenging environment for Builders FirstSource [3] Group 3: Strategic Positioning and Market Outlook - Builders FirstSource is focusing on factors within its control to strengthen its competitive position, including investments in digital capabilities, strategic acquisitions, and opportunistic share repurchases [3] - While the timing of a housing market recovery is uncertain, there is confidence that Builders FirstSource is well-positioned to benefit when recovery occurs, presenting an attractive risk-reward profile at current valuation levels [3] - In Q2, Builders FirstSource's sales decreased by 5% to $4.2 billion, and it was noted that 74 hedge fund portfolios held the stock, an increase from 58 in the previous quarter [4]

Sands Capital, an investment management company, released its “Sands Capital Global Growth Strategy” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. Global Growth adopts a flexible approach to identify the most promising growth companies worldwide. Global equities outperformed the MSCI ACWI in the quarter. The portfolio returned 21.7% in the quarter compared to 11.5% for the index. The second quarter results were the fourth best in both absolute and relative terms since its ...

(Reuters) - Chip startup Groq said on Wednesday it has raised $750 million, more than doubling its valuation to $6.9 billion in just over a year as Wall Street bets big on the hardware that powers artificial intelligence technology. Groq, founded by a former Alphabet engineer, is among a long list of new chip players looking to capitalize on hundreds of millions of dollars in investments on AI infrastructure. Its last funding round was in August last year, when it raised $640 million that brought its val ...

Traders of the yen are now looking ahead to Japanese inflation on 18 September and the meeting of the Bank of Japan (‘the BoJ’) the following day. This article summarises recent developments affecting the yen and the Japanese economy in general, then looks briefly at the charts of USDJPY and EURJPY. Late on 16 September GMT, Japan’s balance of trade for August was significantly less negative than expected: The consensus had been for a deficit of around ¥514 billion, whereas the actual result was less th ...