Key TakeawaysRBC Capital Markets has initiated coverage on major private equity firms Blackstone, KKR, and TPG with Outperform ratings, signaling a highly bullish outlook for the alternative asset management sector.Citigroup raised its price target for BHP Group to 2,800p (up from 2,600p), following a trend of analyst upgrades driven by the company's strong copper momentum and disciplined balance sheet.President Volodymyr Zelenskiy marked the fourth anniversary of the full-scale invasion of Ukraine, reaffir ...

Citi signs deal to sell 24% equity stake in Banamex | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Citi Bank logo appears in this illustration taken December 1, 2025. REUTERS/Dado Ruvic/Illustration/File Photo [Purchase Licensing Rights, opens new tab]Feb 23 (Reuters) - Citigroup [(C.N), opens new tab] said on Monday it had entered into agreements to sell a 24% stake in Banamex to a group of institutional investors and family offi ...

Citi bolsters private bank leadership in North America push | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Citi Bank logo appears in this illustration taken December 1, 2025. REUTERS/Dado Ruvic/Illustration/File Photo [Purchase Licensing Rights, opens new tab]Feb 19 (Reuters) - Citigroup's [(C.N), opens new tab] Private Bank North America has appointed Chad Reddy as its market executive for the West, the bank said on Thursday.A 25 ...

Group 1 - Atlassian Corporation has appointed James Chuong as Chief Financial Officer, effective March 30, 2026, bringing over 20 years of finance leadership experience [1] - James Chuong previously served as CFO at LinkedIn, where he led financial operations and contributed to the company reaching over 1 billion members and $18 billion in revenue [1] - Atlassian's CEO, Mike Cannon-Brookes, emphasized that James is a strategic thinker with a deep understanding of the technology industry and is excited to help build the future of teamwork [1] Group 2 - Atlassian is recognized as a leader in software development, work management, and enterprise service management software, enabling enterprises to connect business and technology teams [1] - The company's collaboration software is utilized by over 80% of the Fortune 500 and more than 350,000 customers globally, including notable clients like NASA, Rivian, and Deutsche Bank [1]

SanDisk stock is trading near recent highs. What’s next for SNDK stock?Secondary Sale Prices 5.8M SNDK Shares At DiscountSandisk announced a secondary public offering of 5,821,135 SNDK shares currently owned by former parent Western Digital Corporation. The stock is being offered at $545 per share, below the latest trading price, with Sandisk itself not issuing new shares or receiving any proceeds. The deal, expected to close Thursday, comes via an effective shelf registration statement and accompanying pro ...

Core Insights - Bath & Body Works, Inc. (NYSE:BBWI) is a prominent retailer in the personal care and home fragrance sector, competing with brands like The Body Shop and Lush [1] Business Performance - Citigroup downgraded BBWI from a "Buy" to a "Neutral" rating on February 17, 2026, due to concerns over a "weak" core business, with the stock priced at $24.07 at that time [2] - BBWI's stock has shown resilience, currently priced at $24.07, reflecting a 5.29% increase or $1.21, despite significant volatility over the past year [4][6] - The stock has fluctuated between a low of $22.88 and a high of $24.17 on the current day, with a yearly high of $41.87 and a low of $14.28 [4] Legal Issues - The Schall Law Firm has initiated a class action lawsuit against Bath & Body Works for alleged violations of the Securities Exchange Act of 1934, targeting investors who purchased BBWI securities between June 4, 2024, and November 19, 2025 [3] - This legal action could negatively impact investor confidence and the company's stock performance [3] Market Metrics - BBWI's market capitalization is approximately $4.96 billion, with a trading volume of 4,802,874 shares on the NYSE, indicating strong interest in the stock despite ongoing legal issues and business concerns [5]

Core Insights - Sound Shore Management's investment performance in Q4 2025 showed significant gains, with the Sound Shore Fund Investor Class (SSHFX) and Institutional Class (SSHVX) advancing 7.83% and 7.87%, respectively, outperforming the S&P 500's 2.66% and the Russell 1000 Value Index's 3.81% [1] - For the entire year of 2025, SSHFX and SSHVX returned 18.20% and 18.42%, respectively, compared to the S&P 500's 17.88% and Russell Value's 15.91% [1] - The healthcare sector was identified as the leading performer in Q4 2025, with the fund's performance driven by a diverse group of companies across various sectors in an AI and technology-dominated market [1] Company Focus: Flex Ltd. - Flex Ltd. (NASDAQ:FLEX) was highlighted as a leading contributor to Sound Shore Management's performance, providing technology innovation, supply chain, and manufacturing solutions across multiple industries [2][3] - As of February 13, 2026, Flex Ltd. stock closed at $64.24 per share, with a one-month return of -0.91% and a twelve-month increase of 51.12% [2] - Flex Ltd. has a market capitalization of $3.101 billion, and its growth was attributed to accelerating data center end-markets, which contributed to improved earnings [3]

Core Insights - Envestnet Asset Management Inc. increased its stake in Ingersoll Rand by 3.7% in Q3, owning 282,175 shares valued at approximately $23.31 million [2] - Institutional investors collectively own 95.27% of Ingersoll Rand's stock, indicating strong institutional interest [3] Institutional Activity - NewSquare Capital LLC raised its holdings by 150.7% in Q2, now owning 341 shares valued at $28,000 [3] - Grey Fox Wealth Advisors LLC and Heartwood Wealth Advisors LLC each purchased new stakes worth approximately $36,000 in Q3 [3] - Westside Investment Management Inc. doubled its holdings by 100% in Q3, now owning 464 shares valued at $39,000 [3] - Gladwyn Financial Advisors Inc. acquired a new stake worth approximately $42,000 in Q2 [3] Insider Transactions - Vicente Reynal sold 440 shares at an average price of $100.00, totaling $44,000, reducing ownership by 0.19% [4] - CAO Michael J. Scheske sold 1,477 shares at an average price of $80.63, totaling $119,090.51, reducing ownership by 10.84% [4] - In the last 90 days, insiders sold 292,917 shares worth $26.75 million, with insiders owning 0.59% of the stock [4] Financial Performance - Ingersoll Rand reported Q4 EPS of $0.96, exceeding estimates of $0.90, with revenue of $2.09 billion, up 10.1% year-over-year [6] - The company has set FY 2026 EPS guidance at 3.450-3.570, with analysts forecasting 3.32 EPS for the current fiscal year [6] Dividend Information - A quarterly dividend of $0.02 per share will be paid on March 26, representing an annualized dividend of $0.08 and a yield of 0.1% [7] Market Performance - Ingersoll Rand's stock opened at $98.43, with a market cap of $38.89 billion, a PE ratio of 67.88, and a 52-week range of $65.61 to $100.96 [5] - The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.51, and a current ratio of 2.16 [5] Analyst Ratings - Citigroup raised its target price from $94.00 to $98.00, maintaining a "buy" rating [8] - Robert W. Baird lowered its target price from $103.00 to $100.00, rating the stock as "outperform" [8] - The average rating for Ingersoll Rand is "Hold" with a consensus price target of $92.13 [8]

Core Viewpoint - Bank of America has approved a total compensation of $41 million for CEO Brian Moynihan for 2025, marking a more than 17.1% increase from the previous year [1]. Compensation Details - The compensation package includes a base salary of $1.5 million, with the remainder consisting of equity incentives [1]. - In 2024, Moynihan's total compensation was $35 million [1]. Industry Context - This compensation increase follows similar hikes for top executives at rival firms such as Wells Fargo, Citigroup, and JPMorgan Chase [1]. - The adjustments in compensation come as Wall Street anticipates a strong year for dealmaking while managing complex relationships with the government [1].

Group 1 - The U.S. Federal Reserve is expected to appoint Randall Guynn as the new director of supervision and regulation, marking a significant shift from the tradition of selecting long-serving Fed career staff for this role [1] - Guynn, a former partner at Davis Polk & Wardwell LLP, has extensive experience representing major U.S. banks and will replace Michael Gibson, who retired in July after over 30 years at the Fed [1] - The appointment is subject to a vote by the Fed's board of governors, with the timing of the vote currently unknown [1] Group 2 - Guynn's role will involve overseeing the Fed's broad regulatory framework for the banking sector, which includes setting rules and examining large financial institutions [1] - Fed Governor Michelle Bowman, who appointed Guynn, aims to overhaul banking rules and supervision practices established after the 2008 financial crisis, arguing that current regulations are overly burdensome [1] - Plans include reducing the headcount of the supervision and regulation division by approximately 30% to around 350 employees, primarily through natural attrition and voluntary redundancies [1] Group 3 - Guynn has a history of advising on significant financial matters, including the 2008 financial crisis and the recent $30 billion liquidity injection for First Republic Bank during the 2023 banking turmoil [1] - He has previously criticized the Fed's efforts to raise bank capital requirements, advocating for standards that are tailored to the size and risk of individual institutions [1]