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Bloomberg· 2025-07-25 15:42
The former deputy CEO of asset manager H2O has been banned from working in financial services and fined more than £1 million ($1.3 million) by the UK’s Financial Conduct Authority https://t.co/RS6UZrn1gP ...
Frank Talk: August tariff wave could hit pharma and consumers hard
Proactiveinvestors NA· 2025-07-25 15:23
As the US tariff machine rolls on, the consequences are beginning to hit closer to home. In this commentary, Frank Holmes, CEO of U.S. Global Investors (NASDAQ:GROW), examines the growing impact of tariffs on American consumers, businesses, and markets. With a new wave of duties—possibly targeting pharmaceuticals—set to take effect August 1, Holmes outlines why investors should brace for higher prices, increased uncertainty, and mounting pressure on key sectors. U.S. customs duties topped $100 billion for t ...
Allspring Closed-End Funds Declare Monthly Distributions and Announce a Portfolio Manager Change
Prnewswire· 2025-07-25 14:43
CHARLOTTE, N.C., July 25, 2025 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), and the Allspring Utilities and High Income Fund (NYSE American: ERH) have each announced a distribution.In addition, Andrew Reed, CFA, will be added as a portfolio manager to the Allspring Multi-Sector Income Fund, and Noah Wise, CFA, will be removed as a portfolio manager on the same fund, both effective on August 1, 2025. This fund will ...
Virtus Investment Partners(VRTS) - 2025 Q2 - Earnings Call Presentation
2025-07-25 14:00
This presentation contains statements that are, or may be considered to be, forward-looking statements. All statements that are not historical facts, including statements about our beliefs or expectations, are "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995, as amended, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may be identified by such forward-looking ter ...
These Analysts Raise Their Forecasts On Blackstone Following Q2 Earnings
Benzinga· 2025-07-25 13:29
Blackstone Inc. BX reported better-than-expected second-quarter financial results on Thursday.The strong performance was fueled by a 25% increase in distributable earnings and robust growth across its key business segments, pushing the firm's total assets under management to a new industry record of over $1.2 trillion.Blackstone reported second-quarter fiscal year segment revenues of $3.075 billion, up 22% Y/Y, beating the analyst consensus estimate of $2.778 billion. Distributable earnings (DE) rose 25% Y/ ...
SharpLink Welcomes BlackRock Digital Assets Pioneer Joseph Chalom as Newly Appointed Co-CEO
Globenewswire· 2025-07-25 12:00
Figure: 1 Former BlackRock Senior Executive, Joseph Chalom, Appointed Co-CEO of SharpLink Gaming, Inc. Former BlackRock Senior Executive, Joseph Chalom, Appointed Co-CEO of SharpLink Gaming, Inc. MINNEAPOLIS, MN, July 25, 2025 (GLOBE NEWSWIRE) -- SharpLink Gaming, Inc. (Nasdaq: SBET) (“SharpLink” or the “Company”), one of the world’s largest corporate holders of Ether (“ETH”) and prominent industry advocate of Ethereum adoption, today announced the appointment of former BlackRock senior executive Josep ...
Buxton Helmsley Releases Open Letter to Daily Journal Corporation Shareholders
GlobeNewswire News Room· 2025-07-25 11:30
NEW YORK, July 25, 2025 (GLOBE NEWSWIRE) -- Buxton Helmsley USA, Inc. (“BH”), a New York City-based alternative asset manager whose brand is recognized by Bloomberg as being among the top 15% of activist investors globally (based on number of investor advocacy campaigns), today released an open letter to shareholders of the Daily Journal Corporation (the “Company” or “DJCO”), about concerns related to: (a) compliance with accounting standards and securities laws; and (b) corporate governance. The open lette ...
Billionaires Sell Nvidia Stock and Buy a BlackRock ETF Wall Street Experts Say Can Soar Up to 8,595%
The Motley Fool· 2025-07-25 08:42
These hedge fund billionaires sold Nvidia stock and added to their positions in the iShares Bitcoin Trust in the first quarter.Nvidia (NVDA 1.75%) shares have advanced 1,080% since January 2023 as demand for artificial intelligence (AI) infrastructure has surged. Nevertheless, the hedge fund billionaires listed below sold Nvidia in the first quarter and bought shares of the iShares Bitcoin Trust (IBIT 0.55%), a BlackRock fund that could soar in the coming years if certain Wall Street experts are correct.Ken ...
Lukewarm About GF At This Juncture
Seeking Alpha· 2025-07-25 00:36
Group 1 - Investors interested in closed-end funds (CEFs) for equity exposure in Germany may consider DWS Asset Management's New Germany Fund (NYSE: GF) [1] - The New Germany Fund is positioned to attract investors looking for opportunities in Europe's largest economy [1]
These Analysts Cut Their Forecasts On SEI Investments After Q2 Results
Benzinga· 2025-07-24 17:21
SEI Investments Company SEIC reported better-than-expected earnings for the second quarter on Wednesday.The company posted quarterly earnings of $1.20 per share which beat the analyst consensus estimate of $1.16 per share. The company reported quarterly sales of $559.601 million which beat the analyst consensus estimate of $555.724 million.“SEI achieved another strong quarter across our core businesses. We are executing with conviction and discipline, positioning the company for sustained growth. As we prep ...