Sign up now! Sign up now! Sign up now? Sign up now! La Liga has El Clásico , France has Le Classique , and Argentina goes full gun with its Superclásico . English football has no true equivalent, with Liverpool and Manchester United fans unable to agree on a name for their grand-slam meetings. Up in the land of fitba, there’s this weekend’s 450th Old Firm/Glasgow derby (delete as applicable accord...
Sign up now! Sign up now! Sign up now? Sign up now! La Liga has El Clásico , France has Le Classique , and Argentina goes full gun with its Superclásico . English football has no true equivalent, with Liverpool and Manchester United fans unable to agree on a name for their grand-slam meetings. Up in the land of fitba, there’s this weekend’s 450th Old Firm/Glasgow derby (delete as applicable according to your stringency on Scottish company law). And Germany has Der Klassiker , between Bayern Munich and Borussia Dortmund. The Bundesliga marketing suits have been out in force this week for the one game, played on Saturday evening, that brings extra eyeballs. Though questions are often raised over whether this is a true, classic rivalry; Dortmund have not won a league title since Jürgen Klopp was making his rounds in 2012. I just hope the hapless Dortmund defender Ramy Bensebaini ( yesterday’s Football Daily ) does not follow my path. I too was directly responsible for four opposition goals in one game: one came from my taking a corner that curved behind every one of my teammates, allowing five of the other lot to advance on our puffing centre-back; another was me slicing a clearance so badly that instead of arcing down the touchline, it went at 90 degrees, landing at the feet of an opponent with enough time and space at the edge of our box for his own Grand Designs project. I never again played any form of competitive sport” – Michael Hann. I feel compelled to point out that Ramy Bensebaini played left-sided centre-back of a back three against Atalanta rather than left-back ( yesterday’s Football Daily ). I noticed this because of the body language of his teammate Daniel Svensson each time Bensebaini recklessly served a goal up on Wednesday. Svensson was the recovering left wing-back at the Algerian’s side, head bowed and shoulders increasingly drooping” – Matthew Parham. I’ve come to the conclusion that the collection of words at the bottom of Football Daily’s full em...
US Under Secretary of Defense for Research and Engineering Emil Michael discusses talks with Anthropic about loosening restrictions on the use of its artificial intelligence technology by the US military. Michael says the Pentagon offered concessions to the company and is open to continuing talks ahead of the Friday afternoon deadline. (Source: Bloomberg)
US Under Secretary of Defense for Research and Engineering Emil Michael discusses talks with Anthropic about loosening restrictions on the use of its artificial intelligence technology by the US military. Michael says the Pentagon offered concessions to the company and is open to continuing talks ahead of the Friday afternoon deadline. (Source: Bloomberg)
Getty Images Lululemon's (NASDAQ: LULU ) rise was one of the largest rise of athletic apparel, with solid execution in their specific niche for technical accessories whilst also being fashionable, which appealed massively to women globally. A key factor in the rise of Lululemon is still having appealing products (fashionable) to technical products made for fitness purposes, better fabric technolog...
Getty Images Lululemon's (NASDAQ: LULU ) rise was one of the largest rise of athletic apparel, with solid execution in their specific niche for technical accessories whilst also being fashionable, which appealed massively to women globally. A key factor in the rise of Lululemon is still having appealing products (fashionable) to technical products made for fitness purposes, better fabric technology and product design, as it reflects the rise of practicality, also seen in the footwear industry with the rise of On Holding ( ONON ) and the fall of fashion and streetwear, Jordans ( NKE ). With potential new competition with Nike launching Skims, revenue growth decelerating massively and margins slightly contracting, Lululemon's price tag seems extremely attractive compared to historical averages, over a 50% decline in the last year. However, Lululemon isn't alone in this massive downturn, with Nike also declining massively over the last 5 years with sentiment issues, which suggest that the industry as a whole isn't performing well rather than Lululemon being an isolated value play. Hence, I'm rating Lululemon at a 'Hold'. Lululemon's Moat Lululemon has a unique moat targeted at specific audiences, as its positioning in its specific niche leads to good brand power and stickiness to its product. This essentially ripples onto higher prices and higher margins, though currently contracting due to falling demand domestically (one of the main bearish sentiments), Lululemon's margins remain relatively high compared to its peers. Lululemon have a solid brand reputation and recognition overall, as customers continue to be highly recognised as a brand especially in the fitness sphere. A recognition test had Lululemon 45/50 recognising Lululemon, with the largest awareness being women aged 18-40. With high stickiness customers, with retention rates in North America being over 85% , a major positive factor for everyday products is that the product essentially markets itself. The mor...
Getty Images The following segment was excerpted from the Diamond Hill Small-Mid Cap Fund Q4 2025 Commentary . New positions SBA Communications ( SBAC ) is a wireless tower REIT that owns infrastructure essential to mobile networks. Shares have been pressured by higher interest rates and slower wireless spending, despite a long runway for 5G-related upgrades and highly profitable incremental leasi...
Getty Images The following segment was excerpted from the Diamond Hill Small-Mid Cap Fund Q4 2025 Commentary . New positions SBA Communications ( SBAC ) is a wireless tower REIT that owns infrastructure essential to mobile networks. Shares have been pressured by higher interest rates and slower wireless spending, despite a long runway for 5G-related upgrades and highly profitable incremental leasing. We believe the current valuation disconnect provides a compelling opportunity to own a business providing durable, necessary infrastructure with attractive long-term economics. We initiated a position in cloud-based web services company Wix.com ( WIX ) as shares fell on concerns surrounding Generative AI. However, we believe these concerns are somewhat misplaced, as the company’s core capabilities, coupled with its strong partner ecosystem and critical back-end functionality for partners, should position it well long term. Internet and media conglomerate IAC ( IAC ) has a history of creating value through business building and mergers and acquisitions, often in markets transitioning from an offline to online presence. We believe IAC’s largest holding, MGM, is currently undervalued and took the opportunity to initiate a position at a discount to our estimate of intrinsic value. Booz Allen Hamilton ( BAH ) is a leading US government and military contractor, providing technology consulting, AI, cybersecurity, engineering and mission operations services to US federal agencies across defense, intelligence and civil sectors. Shares were pressured by negative headlines around the Department of Government Efficiency initiatives and the recent government shutdown, creating a more attractive valuation. Long term, we believe the company is well positioned given its differentiated technology capabilities and the likelihood of sustained demand from the US government. Westlake Corp. ( WLK ), a low-cost chemicals producer and emerging supplier of building products, is managing supply-...
Welcome to the Brussels Edition. I’m Suzanne Lynch, Bloomberg’s Brussels bureau chief, bringing you the latest from the EU each weekday. Make sure you’re signed up . As Europe continues to analyze the impact of last week’s Supreme Court ruling invalidating a swath of US tariffs , Italian Prime Minister Giorgia Meloni has a suggestion to get EU-US relations back on track : a free-trade zone between...
Welcome to the Brussels Edition. I’m Suzanne Lynch, Bloomberg’s Brussels bureau chief, bringing you the latest from the EU each weekday. Make sure you’re signed up . As Europe continues to analyze the impact of last week’s Supreme Court ruling invalidating a swath of US tariffs , Italian Prime Minister Giorgia Meloni has a suggestion to get EU-US relations back on track : a free-trade zone between the two trading behemoths. “I consider the tariffs between Europe and the US a mistake,” Meloni told Bloomberg in an interview this week. “We should go in a diametrically opposite direction — we should move toward a free-trade area.” The EU and US abandoned talks on a free-trade zone in 2016 after efforts to substantially decrease levies and reduce non-tariff barriers triggered a backlash in several member states. Among the sticking points in those talks, known as TTIP (Transatlantic Trade and Investment Partnership), was agriculture. Meloni’s suggestion comes as the European Parliament has paused ratification of the EU-US trade deal agreed last year, though Brussels says it’s still committed to the agreement. German Chancellor Friedrich Merz is to discuss the issue with Trump next week during a visit to Washington . “Like the European Commission, the German government wants to stick to the EU-US tariff deal,” spokesman Sebastian Hille told reporters today in Berlin. Meloni also told Bloomberg that the government’s role in Banca Monte dei Paschi di Siena has ended , indicating her administration will not be involved in the lender’s future governance and strategic decisions. It was “one of those complex dossiers that we inherited and that we managed successfully,” she said, describing the bank’s rescue and restructuring as “very ambitious.” The lender now is “a solid institution,” she added. Her remarks come at a sensitive time as the bank prepares to renew its board, a process that could prove decisive for its next strategic phase. Monte Paschi said today it plans to retur...
In this article TGT Follow your favorite stocks CREATE FREE ACCOUNT An employee stocks cereal in the grocery area of a Target Corp. store in Chicago, Illinois. Bloomberg | Bloomberg | Getty Images Target said on Friday it would sell only cereals made without certified synthetic colors by the end of May, becoming the latest retailer to tighten standards amid a crackdown on artificial dyes. The big-...
In this article TGT Follow your favorite stocks CREATE FREE ACCOUNT An employee stocks cereal in the grocery area of a Target Corp. store in Chicago, Illinois. Bloomberg | Bloomberg | Getty Images Target said on Friday it would sell only cereals made without certified synthetic colors by the end of May, becoming the latest retailer to tighten standards amid a crackdown on artificial dyes. The big-box retailer said it has worked closely with national and owned-brand partners to reformulate products where needed, and the decision applies to cereals sold both in-store and online. Packaged food makers such as PepsiCo , Campbell's and Conagra Brands had announced last year that they would cut artificial dyes, responding to the Trump administration's "Make America Healthy Again" initiative and Health Secretary Robert F. Kennedy Jr.'s crackdown on ultra-processed food and chemical additives. "We know consumers are increasingly prioritizing healthier lifestyles, and we're moving quickly to evolve our offerings to meet their needs," Cara Sylvester, Target's chief merchandising officer, said in a statement. Target's move puts it ahead of several brands on its shelves that have committed to phasing out artificial dyes on longer timelines. Among them is General Mills' Lucky Charms, which is expected to eliminate artificial colors by 2027. Retail giant Walmart said in October last year it would remove synthetic dyes from its U.S. private-label foods by January 2027. Target, which has been facing a lengthy sales slump and attempting a turnaround under new CEO Michael Fiddelke that includes job cuts, is set to report its quarterly results on Tuesday.