Core Viewpoint - A lawsuit has been filed against Compass Diversified Holdings and its executives for potential violations of federal securities laws, stemming from material misstatements in financial statements related to its subsidiary, Lugano Holdings, Inc. [1][3] Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Central District of California, captioned Matthews v. Compass Group Diversified Holdings, Inc., et al., No. 25-cv-981 [2] - Investors have until July 8, 2025, to request to be appointed to lead the case [2] Group 2: Financial Misstatements - Compass admitted that its fiscal 2022-2024 financial statements contained material misstatements regarding unrecorded financing arrangements and irregularities in sales, cost of sales, inventory, and accounts receivable for Lugano [3] - On May 7, 2025, Compass announced that investors should not rely on its fiscal 2024 financial statements due to an ongoing internal investigation, leading to a significant stock price decline of approximately 62% [4] - On June 25, 2025, Compass further advised that investors should not rely on its fiscal 2022 and 2023 financial statements amid the ongoing investigation [5] Group 3: Stock Performance - Following the announcement on May 7, 2025, Compass's stock price fell from $17.25 per share to $6.55 per share within a day [4]

BlackRock (BLK) closed at $1,030.79 in the latest trading session, marking a +1.25% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.8%. Elsewhere, the Dow gained 0.94%, while the tech-heavy Nasdaq added 0.97%. Shares of the investment firm have appreciated by 4.82% over the course of the past month, outperforming the Finance sector's gain of 2.69%, and lagging the S&P 500's gain of 5.12%.The upcoming earnings release of BlackRock will be of great interest to investors. The company ...

Group 1 - Affiliated Managers Group (AMG) has a Zacks Rank of 1 (Strong Buy), while Carlyle Group (CG) has a Zacks Rank of 3 (Hold), indicating a stronger earnings outlook for AMG [3][7] - AMG has a forward P/E ratio of 8.24, significantly lower than CG's forward P/E of 12.11, suggesting that AMG may be undervalued [5] - AMG's PEG ratio is 0.64, compared to CG's PEG ratio of 1.06, further indicating AMG's potential for better value [5][6] Group 2 - AMG has a P/B ratio of 1.33, while CG has a P/B ratio of 2.78, reinforcing the notion that AMG is more undervalued [6] - Based on various valuation metrics, AMG holds a Value grade of A, whereas CG has a Value grade of C, highlighting AMG's superior value proposition [6] - AMG's improving earnings outlook makes it a more attractive option for value investors compared to CG [7]

NEW YORK, June 25, 2025 /PRNewswire/ -- Enhanced Capital, a private credit investment manager founded in 1999, released its 2024 Community Impact Report.The report highlights Enhanced Capital's achievements over the year, through the firm's focus areas: Project Finance and Small Business Lending."Over the past 25 years, we have remained committed to providing innovative financing solutions to the lower middle market and aligning private capital with public initiatives," said Michael Korengold, President and ...

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps investors identify effective metrics for assessing stock momentum [2] Group 2: Affiliated Managers Group (AMG) Performance - Affiliated Managers Group currently holds a Momentum Style Score of B and a Zacks Rank of 1 (Strong Buy) [3][4] - AMG shares have increased by 1.36% over the past week, outperforming the Zacks Financial - Investment Management industry, which rose by 0.82% [6] - Over the last quarter, AMG shares have risen by 9.18%, and by 14.91% over the past year, compared to the S&P 500's increases of 6.75% and 11.69%, respectively [7] Group 3: Trading Volume and Earnings Outlook - AMG's average 20-day trading volume is 202,473 shares, indicating a bullish sign if the stock is rising with above-average volume [8] - In the past two months, five earnings estimates for AMG have been revised upwards, increasing the consensus estimate from $22.02 to $23.01 [10] - The positive earnings revisions suggest a promising outlook for AMG, reinforcing its status as a 1 (Strong Buy) stock with a Momentum Score of B [12]

ICG Enterprise Trust plc24 June 2025Q1 update for the three months ended 30 April 2025 Highlights NAV per Share of 2,011p; LTM NAV per Share Total Return of 6.3% (5 year annualised: 14.8%)Q1 Portfolio Return on a Local Currency Basis of 0.6%, offset by FX, resulting in Portfolio Return on a Sterling Basis of (2.4)% and NAV per Share Total Return of (2.6)%Total Proceeds of £149m, including £62m net proceeds from the sale of a portion of our Portfolio at a 5.5% discount and £48m from sale of Minimax ...

Core Viewpoint - A lawsuit has been filed against Compass Diversified Holdings and its executives for potential violations of federal securities laws, specifically related to alleged misstatements in financial statements and irregularities in operations [1][2][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Central District of California, captioned Matthews v. Compass Group Diversified Holdings, Inc., et al., No. 25-cv-981 [2]. - Investors who purchased Compass securities are encouraged to seek additional information and may request to be appointed to lead the case by July 8, 2025 [2]. Group 2: Allegations Against Compass - The complaint alleges that Compass's fiscal 2024 financial statements contained material misstatements regarding unrecorded financing arrangements and irregularities in sales, cost of sales, inventory, and accounts receivable related to Lugano Holdings, Inc. [3]. - Compass is a statutory trust that manages a portfolio of small and middle-market businesses, including Lugano Holdings, a high-end jewelry designer and manufacturer [3]. Group 3: Stock Market Reaction - Following the announcement of an internal investigation into Lugano's practices, Compass advised investors not to rely on its fiscal 2024 financial statements, leading to a significant stock price decline of approximately 62%, from $17.25 to $6.55 per share [4].

Core Viewpoint - Cohen & Steers Closed-End Funds announced monthly distributions for July, August, and September 2025, detailing specific dividend amounts for each fund [1][2]. Distribution Details - Monthly dividends for the funds are as follows: - Cohen & Steers Closed-End Opportunity Fund, Inc. (FOF): $0.087 - Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (LDP): $0.131 - Cohen & Steers Select Preferred and Income Fund, Inc. (PSF): $0.126 - Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (PTA): $0.134 - Cohen & Steers Total Return Realty Fund, Inc. (RFI): $0.080 - Cohen & Steers Real Estate Opportunities and Income Fund (RLTY): $0.110 - Cohen & Steers REIT and Preferred and Income Fund, Inc. (RNP): $0.136 - Cohen & Steers Quality Income Realty Fund, Inc. (RQI): $0.080 - Cohen & Steers Infrastructure Fund, Inc. (UTF): $0.155 [1]. Payment Schedule - The distribution payment schedule is as follows: - July: Ex-Dividend Date - July 15, 2025; Payable Date - July 31, 2025 - August: Ex-Dividend Date - August 12, 2025; Payable Date - August 29, 2025 - September: Ex-Dividend Date - September 9, 2025; Payable Date - September 30, 2025 [2]. Fund Characteristics - Certain funds, including Cohen & Steers Closed-End Opportunity Fund, Inc. and others, declared monthly distributions under managed distribution plans, allowing for greater flexibility in realizing and distributing long-term capital gains [3]. - Distributions may include net investment income, long-term capital gains, short-term capital gains, and/or return of capital, with the potential for variations based on portfolio and market conditions [5][4]. Tax Implications - Return of capital may be taxed as ordinary income under federal tax regulations, and the character of distributions may vary based on the underlying investments held by the funds [2][4]. Company Overview - Cohen & Steers is a global investment manager specializing in real assets and alternative income, with a focus on listed and private real estate, preferred securities, infrastructure, and commodities [8].

SAN DIEGO, June 23, 2025 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Compass Diversified Holdings (NYSE: CODI) publicly traded securities between May 1, 2024 and May 7, 2025, both dates inclusive (the “Class Period”), have until Tuesday, July 8, 2025 to seek appointment as lead plaintiff of the Compass Diversified class action lawsuit. Captioned Augenbaum v. Compass Diversified Holdings, No. 25-cv-01003 (C.D. Cal.), the Compass Diversified c ...

BROOKFIELD, NEWS, June 23, 2025 (GLOBE NEWSWIRE) -- Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced that after having taken into account all election notices received by the deadline for the conversion of its Cumulative Class A Preference Shares, Series 42 (the “Series 42 Shares”) (TSX: BN.PF.G) into Cumulative Class A Preference Shares, Series 43 (the “Series 43 Shares”), there were 10,420 Series 42 Shares tendered for conversion, which is less than the one million shares required ...