NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) in collaboration with Amwins, a global distributor of specialty insurance products and services, and funds managed by Blackstone, the world's largest alternative asset manager, today announced they will be forming a new Lloyd's syndicate, Syndicate 2479, a novel structure involving a specialty distributor, insurer and Lloyd's syndicate backed with third-party capital. On January 1, 2026, Syndicate 2479 will commence underwriting $300 ...

ServiceNow, Inc. (NYSE:NOW) is included among the 12 Best Long Term US Stocks to Buy Now. BTIG Initiates ServiceNow (NOW) with Buy Rating on Expanding AI Platform Photo by Viacheslav Bublyk on Unsplash On December 17, BTIG initiated coverage of ServiceNow, Inc. (NYSE:NOW) with a Buy rating and a $1,000 price target. The firm points to how far the platform has come since the launch of Now Assist two years ago. What started as an AI feature has grown into a broader system where humans and AI agents work ...

Thank you. Sarah Eisen from the New York Stock Exchange on Nike tonight. Um Tim, are we in the middle of the turnaround here.Do you see enough proof. Are you convinced. >> I I think we are.I think if you're building a position in Nike, this is a place to add. There's nothing I heard today that made me concerned about some of the legacy problems. The positives are two consecutive quarters of revenue growth.North America up 8.8%. It's actually a second derivative margin improvement. They're still down, but th ...

Core Viewpoint - The Office of the Comptroller of the Currency (OCC) has terminated a July 2024 amendment to a consent order from October 2020 regarding Citi's risk management deficiencies, indicating that the bank has made sufficient progress in compliance [1][3]. Group 1: Regulatory Actions - The OCC's amendment required Citi to implement a quarterly process to allocate resources for meeting milestones in the 2020 consent order [2]. - The OCC stated that the bank had previously failed to make "sufficient and sustainable progress" toward compliance with the consent order [2]. - The termination of the amendment suggests that the OCC believes Citi's safety, soundness, and compliance with laws no longer necessitate the amendment's existence [3]. Group 2: Citi's Response and Progress - Citi has prioritized its transformation efforts, dedicating resources to modernize systems and strengthen its risk and control environment [3]. - The bank reported that most of its programs are at or nearly at target state, leading to benefits from improved, standardized, automated, and digitized controls [3]. - In response to the October 2020 consent order, Citi expressed disappointment in falling short of regulatory expectations and committed to addressing identified issues [5]. Group 3: Historical Context - The October 2020 consent order criticized Citi for failures in data management, regulatory reporting, and capital planning, highlighting significant ongoing deficiencies in its risk management systems [4]. - In July 2024, Citi was fined $136 million for not making sufficient progress in addressing data management issues identified in 2020 [5]. - A major organizational restructuring was initiated by Citi in September 2023, with the CEO emphasizing the bank's potential for improvement [6].

Agriculture Biotechnology Market by Type of Organism (Plant, Animal, and Microbes), Type, Technology, Application, and Region - Global Forecast to 2030 The global agriculture biotechnology market was valued at USD 84.39 billion in 2024 and is projected to reach USD 144.25 billion by 2030, growing at a compound annual growth rate (CAGR) of 9.4% during 2025–2030. Market growth is fueled by the rising adoption of genetically modified (GM) crops, microbial biofertilizers, animal vaccines, and sustainable biote ...

Rivian Automotive (NASDAQ:RIVN), electric truck and SUV maker, closed Thursday’s session at $20.28, up 15.03%. Rivian Automotive IPO'd in 2021 and has fallen about 75% since going public. Trading volume reached 66.4 million shares, about 36% above its three-month average of 49 million shares.Thursday’s move followed a Robert W. Baird upgrade and new price target, while investors are watching how Rivian executes its autonomy roadmap and 2026 R2 launch. How the markets moved today The S&P 500 (SNPINDEX: ^G ...

Core Insights - The MFS Market Insights team suggests that mid-cap ETFs present attractive investment opportunities, particularly in the current market environment [1][2]. Market Conditions - Favorable conditions for small- and mid-cap equities include Federal Reserve rate cuts, reduced tariff headwinds, deregulation, and looser fiscal policy [2]. - Mid-cap equities are highlighted as having a stronger opportunity set compared to small-cap equities at this time [2]. Investment Preferences - The MFS team prefers mid-cap stocks over small-caps due to their more attractive valuations, better access to capital, and superior profitability [3]. - Mid-caps are expected to benefit significantly from deregulation, as they face a higher regulatory burden than both small and large-cap stocks [3]. Active Management Strategy - Given the volatile and headline-driven nature of factors affecting mid-caps, an actively managed approach is recommended for mid-cap exposure [3]. - Actively managed funds provide more flexibility and leverage the expertise of experienced portfolio teams [3]. Fund Highlight - The MFS Active Mid Cap ETF (MMID) is designed to enhance exposure to mid-caps through active management, focusing on quality and franchise durability [4]. - The fund employs various metrics for security selection, with a strong emphasis on cash flow-based methodologies to identify stocks with higher growth potential [5]. Overall Strategy - The strategy combines the benefits of active management with a flexible approach to identify compelling mid-cap investment opportunities [6]. - In a market where mid-caps may outperform, funds like MMID could significantly impact investment portfolios [6].

Adobe Inc. (NASDAQ:ADBE) is included among the 12 Best Long Term US Stocks to Buy Now. Phillip Maintains Buy on Adobe (ADBE), Sees Steady Growth Into FY26 Photo by nathan dumlao on Unsplash On December 15, Phillip Securities lowered its price target on Adobe Inc. (NASDAQ:ADBE) to $487 from $560.The firm kept a Buy rating. The change is more about valuation than doubt. Phillip says Adobe’s Semrush acquisition adds real weight to its marketing tools and improves how the pieces fit together. Looking ahead, ...

The House Edge is widely recognized as the only marketplace service on the casino/gaming/online sports betting sectors, researched, written and available to SA readers by Howard Jay Klein, a 30 year c-suite veteran of the gaming industry. His inside out information and on the ground know how benefits from this unique perspective and his network of friends, former associates and colleagues in the industry contribute to a viewpoint has consistently produced superior returns. The House Edge consistently outper ...

Core Points - Churchill Capital Corp XI successfully closed its upsized initial public offering (IPO) of 41,400,000 units, generating gross proceeds of $414,000,000 at a price of $10.00 per unit [1][3] - The units began trading on December 17, 2025, on the Nasdaq Global Market under the ticker symbol "CCXIU" [2] - Each unit consists of one Class A ordinary share and one-tenth of one redeemable warrant, with the whole warrant allowing the purchase of one Class A ordinary share at an exercise price of $11.50 [2] Financial Details - The total proceeds from the IPO and the exercise of the over-allotment option were placed in trust, amounting to $414,000,000 [3] - The offering was managed by Citigroup, which acted as the sole book-running manager [4] Company Background - Churchill Capital Corp XI was founded by Michael Klein, who is also the founder and managing partner of M. Klein and Company, LLC [4] - The company aims to pursue a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses across various industries [4]