During his State of the Union address, President Trump unveiled a proposal to create retirement accounts for people who don’t have one at their jobs — an idea that puts the issue of long-term financial health on center stage, but also raises more questions than it answers.
During his State of the Union address, President Trump unveiled a proposal to create retirement accounts for people who don’t have one at their jobs — an idea that puts the issue of long-term financial health on center stage, but also raises more questions than it answers.
Oaktree Capital Management is exploring options for Utmost Group Plc , a UK-based provider of insurance-based wealth management solutions, including a sale and an initial public offering in London, according to people familiar with matter. The buyout firm is close to selecting advisers to steer a potential transaction, the people said, who asked not to be identified because the deliberations are p...
Oaktree Capital Management is exploring options for Utmost Group Plc , a UK-based provider of insurance-based wealth management solutions, including a sale and an initial public offering in London, according to people familiar with matter. The buyout firm is close to selecting advisers to steer a potential transaction, the people said, who asked not to be identified because the deliberations are private. A deal could value Utmost at about £2 billion ($2.7 billion), they said. Deliberations are at an early stage and could still change, the people said. Representatives for Oaktree and Utmost declined to comment. Founded in 2013, Utmost sells insurance-linked investment products to wealthy clients, with assets under administration of more than £100 billion as of half-year 2025. Oaktree, owned by New York-based Brookfield Asset Management Ltd. , has been a long term backer of Utmost. Last year, it agreed to sell its UK life and pensions business to JAB Insurance for £250 million, according to a December presentation to bondholders. Utmost will use proceeds from the sale to repay outstanding bank debt that helped it finance the acquisition of wealth business Lombard International, it said at the time. The plans come amid a wave of deal-making involving UK insurance and wealth management companies. Specialist cyber insurer CFC’s private equity owners are working with advisers on a potential sale or IPO. Meanwhile, Natwest Group Plc struck a deal to acquire wealth manager Evelyn Partners for £2.7 billion earlier this month. Should it list, an IPO would be a welcome boost to London’s centuries-old stock exchange, which is still recovering from a prolonged drought in new offerings.
Wasan Longthara/iStock via Getty Images The following segment was excerpted from the Harbor Mid Cap Fund Q4 2025 Commentary. In the fourth quarter of 2025, the Harbor Mid Cap Fund (Institutional Class, "Fund") returned 4.00%, outperforming its benchmark, the Russell Midcap® Index, which returned 0.16%. Both sector positioning and stock selection contributed positively to relative performance. Stoc...
Wasan Longthara/iStock via Getty Images The following segment was excerpted from the Harbor Mid Cap Fund Q4 2025 Commentary. In the fourth quarter of 2025, the Harbor Mid Cap Fund (Institutional Class, "Fund") returned 4.00%, outperforming its benchmark, the Russell Midcap® Index, which returned 0.16%. Both sector positioning and stock selection contributed positively to relative performance. Stock selection was notably strong within the Materials, Energy, and Industrial sectors, reflecting effective positioning in companies benefiting from improving fundamentals and cash-flow generation. Allocation effects were also additive, notably in the Health Care and Industrials sectors. Importantly, the portfolio achieved these results while maintaining a disciplined focus on businesses with sustainable earnings profiles, valuation support, and strong balance sheets rather than pursuing short-term market leadership. Expense ratio information is as of the Fund's current prospectus, as supplemented. Gross expenses are the Fund's total annual operating expenses. The net expense ratios for this fund are subject to a contractual management fee waiver and/or expense limitation agreement, excluding interest expense and acquired fund fees and expenses (if any), through 02/28/2026. Contributors & Detractors Contributors to Fund performance included Murphy Oil Corporation ( MUR ), Ulta Beauty ( ULTA ), and Raymond James ( RJF ). Headquartered in Houston, TX, Murphy Oil is an oil and natural gas producer with a balanced mix of onshore and offshore operations, anchored in the U.S. and complemented by international presence, including Canada, Africa, and offshore assets in Vietnam. The portfolio is supported by an active exploration and development pipeline that can add longer-term growth. Shares gained 11% in the quarter as the company reported an earnings beat in the third quarter driven by higher production, stronger pricing, and sharply lower lease operating expenses, gathering, proc...
According to a Feb. 17, 2026, SEC filing , Greycroft LP bought 110,000 additional shares of Sportradar Group AG (NASDAQ:SRAD) , bringing its total to 130,000 shares. The estimated transaction value was $2.65 million, calculated using the average quarterly closing price. The quarter-end value of the position increased by $2.55 million, reflecting both share additions and market price changes. Buy a...
According to a Feb. 17, 2026, SEC filing , Greycroft LP bought 110,000 additional shares of Sportradar Group AG (NASDAQ:SRAD) , bringing its total to 130,000 shares. The estimated transaction value was $2.65 million, calculated using the average quarterly closing price. The quarter-end value of the position increased by $2.55 million, reflecting both share additions and market price changes. Buy activity lifts the post-trade position to 1.96% of GREYCROFT LP’s 13F reportable AUM. As of Feb. 23, 2026, shares were priced at $17.18, marking a 1-year change of -19.2% and trailing the S&P 500 by 32 percentage points. Continue reading
Tesla has begun winding down production of its premium Model S and Model X to free Fremont factory capacity for its Optimus humanoid robot program, while ramping capital spending above US$20.00 billion for robotaxis, Cybercab and AI infrastructure amid weaker EV demand and ongoing regulatory and legal scrutiny of its self-driving features. This pivot accelerates Tesla’s transformation from a prima...
Tesla has begun winding down production of its premium Model S and Model X to free Fremont factory capacity for its Optimus humanoid robot program, while ramping capital spending above US$20.00 billion for robotaxis, Cybercab and AI infrastructure amid weaker EV demand and ongoing regulatory and legal scrutiny of its self-driving features. This pivot accelerates Tesla’s transformation from a primarily electric-vehicle manufacturer into an AI-and-robotics platform, raising fresh questions...
Shares of premium credit card and payments leader American Express (NYSE: AXP) are down about 12% so far in 2026 as of this writing, including a sharp one-day slide late in February as AI disruption fears spooked investors in American Express stock. Despite the stock's weakness recently, the underlying business looks great. The company just closed 2025 with record revenue and guided to another yea...
Shares of premium credit card and payments leader American Express (NYSE: AXP) are down about 12% so far in 2026 as of this writing, including a sharp one-day slide late in February as AI disruption fears spooked investors in American Express stock. Despite the stock's weakness recently, the underlying business looks great. The company just closed 2025 with record revenue and guided to another year of strong growth. Is this sell-off, therefore, a buying opportunity? Image source: Getty Images. Continue reading
In trading on Wednesday, shares of Manulife Financial Corp's Non-cumulative Rate Reset Class 1 Shares Series 11 (TSX: MFC-PRJ.TO) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.5398), with shares changing hands as low as $25.60 on the day. A
In trading on Wednesday, shares of Manulife Financial Corp's Non-cumulative Rate Reset Class 1 Shares Series 11 (TSX: MFC-PRJ.TO) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.5398), with shares changing hands as low as $25.60 on the day. A
watch now VIDEO 2:03 02:03 Pres. Trump announces new 401K initiative and pushes to pass ban on congressional stock trading News Videos Millions of workers without access to a 401(k) or other workplace retirement plan could get a new way to invest — and an annual government match of up to $1,000 — under a proposal from President Donald Trump . "Half of all of working Americans still do not have acc...
watch now VIDEO 2:03 02:03 Pres. Trump announces new 401K initiative and pushes to pass ban on congressional stock trading News Videos Millions of workers without access to a 401(k) or other workplace retirement plan could get a new way to invest — and an annual government match of up to $1,000 — under a proposal from President Donald Trump . "Half of all of working Americans still do not have access to a retirement plan with matching contributions from an employer," Trump said during his State of the Union address Tuesday. "To remedy this gross disparity, I'm announcing that next year my administration will give these often-forgotten American workers … access to the same type of retirement plan offered to every federal worker. We will match your contribution with up to $1,000 each year as we ensure that all Americans can profit from a rising stock market." Roughly 56 million Americans lack access to an employer-sponsored retirement plan at work, according to 2025 research from the Pew Charitable Trusts, an independent public policy nonprofit. The Trump administration plan would provide a universal savings account to workers, which would be portable if they switch jobs. How the new retirement accounts would work President Donald J. Trump delivers the first State of the Union address of his second term to a joint session of Congress in the House Chamber of the United States Capitol in Washington, D.C., on Tuesday, Feb. 24, 2026. Kenny Holston | The New York Times | Via Reuters The new accounts would work similarly to the Thrift Savings Plan , or TSP, a retirement savings and investment plan for federal employees that includes a government match and low-cost, index-based investment choices, according to the White House. How the proposed savings accounts will be taxed remains to be seen, but if they follow the TSP model, contributions could be made on a tax-advantaged basis . Under a traditional TSP, contributions count against income for an up-front tax break, while i...
In trading on Wednesday, shares of Voya Financial Inc's 5.35% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series B (Symbol: VOYA.PRB) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.3375), with shares changing hands as low as $24.21 on th
In trading on Wednesday, shares of Voya Financial Inc's 5.35% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series B (Symbol: VOYA.PRB) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.3375), with shares changing hands as low as $24.21 on th
As expected, Samsung has taken the wraps off its flagship lineup for 2026. Introduced during the company's recent Unpacked event , the new Galaxy devices - which include the standard S26, the larger S26 Plus, and the high-end S26 Ultra - will be available on March 11th. Preorders are now open ahead of launch, with pricing starting at $899.99 for the base-model S26, $1,099.99 for the Plus, and $1,2...
As expected, Samsung has taken the wraps off its flagship lineup for 2026. Introduced during the company's recent Unpacked event , the new Galaxy devices - which include the standard S26, the larger S26 Plus, and the high-end S26 Ultra - will be available on March 11th. Preorders are now open ahead of launch, with pricing starting at $899.99 for the base-model S26, $1,099.99 for the Plus, and $1,299.99 for the Ultra. Overall, the forthcoming S26 lineup looks largely similar to last year's S25 series , only with a handful of notable upgrades. The biggest changes this year are on the software side, with Samsung introducing a privacy display in … Read the full story at The Verge.
Earnings Call Insights: The Mosaic Company (MOS) Q4 2025 Management View Bruce Bodine, CEO, highlighted that "while the fourth quarter was weaker than we expected due to phosphate demand in the United States, U.S. demand is emerging as farmers prepare for spring planting in North America and global ag fundamentals are solid." He emphasized the company's progress, stating Mosaic is "on track to imp...
Earnings Call Insights: The Mosaic Company (MOS) Q4 2025 Management View Bruce Bodine, CEO, highlighted that "while the fourth quarter was weaker than we expected due to phosphate demand in the United States, U.S. demand is emerging as farmers prepare for spring planting in North America and global ag fundamentals are solid." He emphasized the company's progress, stating Mosaic is "on track to improve phosphate production performance," and has achieved "consistently good potash production throughout 2025." Mosaic delivered "meaningful cost and efficiency progress in 2025" and plans further reductions in 2026. He noted, "Mosaic's North America sales volumes proved more resilient, indicating we captured additional market share." The company has divested noncore assets, including Patos de Minas and Taquari, and has a "pending transaction to sell Carlsbad." Mosaic expects to produce "at least 7 million tonnes of phosphate in 2026" and approximately "9 million tonnes of potash this year," even after the Carlsbad divestiture. Bodine announced, "Mosaic Biosciences doubled net sales to $68 million" in 2025 and is targeting another year of doubling net sales in 2026 with "8 to 10 anticipated new product launches." Luciano Pires, CFO, stated, "2025 was a challenging year for Mosaic from a cash flow perspective. Inventory builds in both finished products and raw materials weighted on cash flow for much of the year and intensified as demand weakened significantly in the fourth quarter." He explained, "Working capital reduced cash flow by $960 million for the year and contributed to an $829 million increase in net debt." Pires detailed that capital expenditures are expected at "$1.5 billion, higher than 2025 due to mine, gyp stack and clay settling area expansions in Florida." Outlook Mosaic expects "progress on multiple fronts," including strategic alternatives for Brazilian assets and monetization of Florida land holdings. The company is advancing technology-enabled initiative...
One day after Whirlpool Corp (NYSE: WHR) issued common stock and depositary shares, leading the company's stock to plummet, billionaire investor David Tepper sent a blistering letter to the company's board of directors, accusing the company of destroying shareholder value and failing to adopt a prudent strategy. The letter was first obtained and reported on by CNBC's Andrew Ross Sorkin. "Over the ...
One day after Whirlpool Corp (NYSE: WHR) issued common stock and depositary shares, leading the company's stock to plummet, billionaire investor David Tepper sent a blistering letter to the company's board of directors, accusing the company of destroying shareholder value and failing to adopt a prudent strategy. The letter was first obtained and reported on by CNBC's Andrew Ross Sorkin. "Over the years this management team has destroyed hundreds of millions of dollars of shareholder value. Enough is enough. There can be no more excuses," Tepper wrote. Continue reading
The National Football League’s grip on US audiences keeps growing and that could spell trouble for Fox Corp. when it comes back to the negotiating table, according to the stock’s lone bear. Bank of America Corp. double downgraded the Lachlan Murdoch -run Fox to underperform from buy on Wednesday and assigned it a $45 price target, the lowest on Wall Street. The worry is that the traditional media ...
The National Football League’s grip on US audiences keeps growing and that could spell trouble for Fox Corp. when it comes back to the negotiating table, according to the stock’s lone bear. Bank of America Corp. double downgraded the Lachlan Murdoch -run Fox to underperform from buy on Wednesday and assigned it a $45 price target, the lowest on Wall Street. The worry is that the traditional media company is too heavily reliant on the NFL and negotiations could slash earnings by roughly 20%. “The NFL is by far the most valuable programming that exists today,” analysts led by Jessica Reif Ehrlich wrote. “Regardless of the outcome of the negotiations, we believe the NFL renewal will be an overhang on Fox’s stock price until resolved.” Fox has trailed entertainment rivals in the streaming wars, instead building its portfolio around live sports and news after selling 21st Century Fox to Walt Disney Co. While Disney and Comcast Corp. could also see their earnings power diminished from NFL renegotiations, their more diverse media empires could help cushion any financial impact, according to BofA. Fox shares fell 4.3% at 2:07 p.m. in New York. The stock currently has nine buy-equivalent recommendations, 13 holds, with BofA the only sell among analysts tracked by Bloomberg. Shares have fallen 27% since the beginning of the year. Strong viewership for the league and increasing media rights across major sports have left sports franchises with more negotiating power. Against that backdrop, the NFL is widely expected to begin talks to revise its $110 billion broadcast and streaming deals as soon as few months from now, according to a recent New York Times report . Fox risks being left out in the cold with early negotiations. No programming is more important to the company than NFL on Sundays, Ehrlich said. Losing or diluting its relationship with the NFL would “materially weaken” Fox’s competitive positioning on traditional and digital platforms, she added. An early repricing on...