Newtyn Management reported a buy of 2,906,420 shares of Enviri Corporation (NYSE:NVRI) in its February 17, 2026, SEC filing, an estimated $43.31 million transaction based on average quarterly pricing. According to a SEC filing dated February 17, 2026, Newtyn Management increased its holding in Enviri Corporation by 2,906,420 shares during the fourth quarter. The estimated transaction value is $43....
Newtyn Management reported a buy of 2,906,420 shares of Enviri Corporation (NYSE:NVRI) in its February 17, 2026, SEC filing, an estimated $43.31 million transaction based on average quarterly pricing. According to a SEC filing dated February 17, 2026, Newtyn Management increased its holding in Enviri Corporation by 2,906,420 shares during the fourth quarter. The estimated transaction value is $43.31 million based on the quarter’s average share price. The fund’s quarter-end position rose in value by $60.94 million, a figure that includes both the share purchase and changes in market price. Enviri Corporation is a leading provider of environmental and waste management solutions for industrial clients, operating through its Harsco Environmental and Harsco Clean Earth segments. The company leverages its expertise in resource recovery and specialty waste processing to serve a broad range of industries under long-term contracts. Continue reading
Over the past year, Merck 's (NYSE: MRK) shares have climbed by 46%. That seems a bit surprising. Last year, the company's financial results were relatively weak as it faced declining revenue for one of its growth franchises, HPV vaccines Gardasil and Gardasil 9. The healthcare leader could also face increased competition for its most important product, cancer drug Keytruda. Despite all that, Merc...
Over the past year, Merck 's (NYSE: MRK) shares have climbed by 46%. That seems a bit surprising. Last year, the company's financial results were relatively weak as it faced declining revenue for one of its growth franchises, HPV vaccines Gardasil and Gardasil 9. The healthcare leader could also face increased competition for its most important product, cancer drug Keytruda. Despite all that, Merck remains a top stock to buy and hold for a while, especially for income seekers. Here's more. Image source: Getty Images. Continue reading
marchmeena29/iStock via Getty Images Commentary as of 12/31/25 The fund posted a return of -1.52% (Class I shares) for the fourth quarter of 2025. The largest contributors to relative performance were investment decisions in the health care, financials, and consumer staples sectors. The largest detractors from relative returns were investment decisions in the communication services, information te...
marchmeena29/iStock via Getty Images Commentary as of 12/31/25 The fund posted a return of -1.52% (Class I shares) for the fourth quarter of 2025. The largest contributors to relative performance were investment decisions in the health care, financials, and consumer staples sectors. The largest detractors from relative returns were investment decisions in the communication services, information technology ( IT ), and industrials sectors. The largest exposures were in the IT, communication services, and consumer discretionary sectors. During the quarter, the fund increased its allocations to the IT and health care sectors, and reduced its exposures to the financials and consumer discretionary sectors. Contributors Stock selection in the health care sector, namely in the pharmaceuticals industry, was the largest contributor to relative performance. In the financials sector, security selection in the financial services industry proved beneficial. Allocation decisions in the consumer staples distribution & retail industry, within the consumer staples sector, also boosted relative results. Detractors The largest detractor was security selection in the communication services sector, notably in the interactive media & services industry. In the IT sector, selection decisions in the software industry hindered performance. Another meaningful detractor included stock selection in the industrials sector, namely in the aerospace & defense industry. Further insight U.S. equities enter 2026 with strong momentum after another standout year. Despite questions about enthusiasm driven by artificial intelligence ( AI ) and global performance dispersion, the macroeconomic backdrop remains supportive, with Federal Reserve interest rate cuts, resilient consumers, upgraded growth forecasts, and policy tailwinds boosting competitiveness. Earnings revisions favor U.S. companies, and leadership is broadening beyond the so-called mega-cap stocks, creating opportunities for active investors. St...
Margaret Hayne, Co-President & CCO of Urban Outfitters (NASDAQ:URBN) , disposed of 18,666 shares via indirect open-market sales on Feb. 2 and Feb. 3, 2026, for a transaction value of approximately $1.3 million, according to a SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase price ($71.87); post-transaction value based on Feb. 3, 2026 market close ($71.87). Contin...
Margaret Hayne, Co-President & CCO of Urban Outfitters (NASDAQ:URBN) , disposed of 18,666 shares via indirect open-market sales on Feb. 2 and Feb. 3, 2026, for a transaction value of approximately $1.3 million, according to a SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase price ($71.87); post-transaction value based on Feb. 3, 2026 market close ($71.87). Continue reading
On February 17, 2026, Newtyn Management disclosed a new position in Integer Holdings (NYSE:ITGR) , acquiring 550,000 shares worth an estimated $43.14 million. According to an SEC filing dated February 17, 2026, Newtyn Management initiated a new stake in Integer Holdings (NYSE:ITGR) , purchasing 550,000 shares. The estimated transaction value was $43.14 million. Integer Holdings is a leading global...
On February 17, 2026, Newtyn Management disclosed a new position in Integer Holdings (NYSE:ITGR) , acquiring 550,000 shares worth an estimated $43.14 million. According to an SEC filing dated February 17, 2026, Newtyn Management initiated a new stake in Integer Holdings (NYSE:ITGR) , purchasing 550,000 shares. The estimated transaction value was $43.14 million. Integer Holdings is a leading global medical device outsource manufacturer with operations across the United States and internationally. Continue reading
It was a close run thing for a time, but Tottenham’s haplessness prevailed over the idea that the league leaders might be inveterate bottlers It was a derby but it was also a clash of emerging narratives, which is always a confusing, if thrilling, moment for the great soap opera of the Premier League. In the end, Tottenham’s haplessness prevailed over the idea that Arsenal might be inveterate bott...
It was a close run thing for a time, but Tottenham’s haplessness prevailed over the idea that the league leaders might be inveterate bottlers It was a derby but it was also a clash of emerging narratives, which is always a confusing, if thrilling, moment for the great soap opera of the Premier League. In the end, Tottenham’s haplessness prevailed over the idea that Arsenal might be inveterate bottlers, fated to let another title race get away from them. But there was a time in the first half when it seemed like it might be a close-run thing. It shouldn’t have been. Arsenal are better than Spurs. They outplayed Tottenham for long periods. They had 20 chances to Spurs’ six. They won 4-1 and could easily have won by more. But bottling takes no account of that; indeed, the better the side play the more certain it is that they are bottling if they somehow fail to win. And frankly, the fact that Arsenal were level at half‑time was hard to explain as, for the third league game in a row, and fourth in the past six, they conceded within 10 minutes of scoring. Only the vague sense that this is the sort of thing Arsenal do made it seem like they might drop points, but football is rooted in such anxieties. Continue reading...
iQoncept/iStock via Getty Images In the fourth quarter of 2025, the MSCI Emerging Markets ND index (Fund Index) returned 4.73%. Emerging Markets equities outperformed US equities, as measured by the S&P 500 index which returned 2.66% in the fourth quarter. The top performing sectors over this time period were Information Technology and Materials, returning 16.45% and 11.66% respectively. Consumer ...
iQoncept/iStock via Getty Images In the fourth quarter of 2025, the MSCI Emerging Markets ND index (Fund Index) returned 4.73%. Emerging Markets equities outperformed US equities, as measured by the S&P 500 index which returned 2.66% in the fourth quarter. The top performing sectors over this time period were Information Technology and Materials, returning 16.45% and 11.66% respectively. Consumer Discretionary and Health Care were the worst performing sectors for this quarter, with returns of -9.18% and -6.72% respectively. The top performing countries over this time period were Korea and Chile, returning 27.38% and 25.51% respectively. Saudi Arabia and China were the worst performing countries for this quarter, with returns of -7.62% and -7.35% respectively. The fourth quarter began with a U.S. government shutdown, which lasted into mid-November. The U.S. economy avoided major broad-based disruption. However, the shutdown hampered economic data collection creating a considerable information vacuum just as markets sought clarity on growth, inflation, and policy trajectories. Following resumed economic data, the broader U.S. macroeconomic landscape held firm with ongoing resilience amid a gradually cooling labor market. The downside labor market risk kept U.S. Federal Reserve easing in play, leading to two rate cuts in the quarter even as the economy expanded. The global tariff environment proved less disruptive than earlier fears. U.S. monthly tariff collections rose but remain well below levels implied by announced policies. Financial markets capped a strong 2025 with fourth-quarter gains in both equities and fixed income. Non-U.S. equities outpaced the U.S., leaving global equities with a low-single-digit gain. For the U.S., a strong third-quarter corporate earnings season helped bolster the earnings outlook heading into 2026. Artificial intelligence (AI) remained a central market topic, with investors shifting from broad-based enthusiasm to taking a more critical...
Paul Thomas Anderson drama enters final Oscars furlong as firm favourite after scoring six awards, as Hamnet’s Jessie Buckley becomes first Irish woman to win leading actress Bafta, and Chalamet and DiCaprio denied leading actor award Full list of winners How the ceremony unfolded – the action as it happened One Battle After Another, Paul Thomas Anderson’s counterculture comedy about a washed-up r...
Paul Thomas Anderson drama enters final Oscars furlong as firm favourite after scoring six awards, as Hamnet’s Jessie Buckley becomes first Irish woman to win leading actress Bafta, and Chalamet and DiCaprio denied leading actor award Full list of winners How the ceremony unfolded – the action as it happened One Battle After Another, Paul Thomas Anderson’s counterculture comedy about a washed-up revolutionary trying to protect his daughter from a ruthless military officer, has dominated the Baftas, taking home six awards including best film, best director, best cinematography, best editing, best supporting actor, and best adapted screenplay. The film, inspired by Thomas Pynchon’s Vineland , was nominated for 14 awards going into Sunday’s ceremony, the most of any contender – including nods for stars Leonardo DiCaprio, Sean Penn, Benicio del Toro, Chase Infiniti and Teyana Taylor. Continue reading...
CatLane/E+ via Getty Images Fund Highlights Invests primarily in issues having a market capitalization above $5 billion at time of purchase Distinctive approach is centered on linking valuations with barriers to entry Seeks to invest in businesses that are trading below what is believed to be its estimate of the companies' intrinsic value Focuses on businesses that are believed to have a sustainab...
CatLane/E+ via Getty Images Fund Highlights Invests primarily in issues having a market capitalization above $5 billion at time of purchase Distinctive approach is centered on linking valuations with barriers to entry Seeks to invest in businesses that are trading below what is believed to be its estimate of the companies' intrinsic value Focuses on businesses that are believed to have a sustainable competitive advantage or a high barrier to entry in place Concentrated, high conviction portfolio generally holds 25-45 companies Market Recap U.S. equities were higher for a third straight quarter to end the year. Despite the government shutdown and a spike in job cuts, underlying growth remained resilient amid the Federal Reserve (Fed) completing a third rate cut in December and corporate profits exceeding expectations. The best performing benchmark sectors were Health Care, Communication Services, and Financials. The worst performing sectors for the benchmark were Real Estate, Utilities, and Consumer Staples. Portfolio Review The Touchstone Large Cap Focused Fund (Class A Shares, Load Waived) outperformed its benchmark, the Russell 1000 Index, for the quarter ended December 31, 2025. Within the Touchstone Large Cap Focused Fund, among the sectors where holdings outperformed the most relative to the benchmark were Real Estate, Materials, and Consumer Discretionary. Sectors that lagged the most relative to the benchmark included Health Care, Information Technology, and Industrials. Stock selection contributed to performance for the period, particularly within the Consumer Discretionary and Financials sectors. Sector allocation also contributed primarily due to the overweight in Communication Services and the zero weight in Utilities. Three holdings that contributed the most to performance included Alphabet Inc. ( GOOG ) (Communication Services sector), Applied Materials Inc. ( AMAT ) (Information Technology sector), and Markel Group Inc. ( MKL ) (Financials sector). Alp...