Maskot/DigitalVision via Getty Images Earlier this year, I made the commitment to analyze companies in the for-profit education sector. Although I had touched briefly on the space in the past, it was always a segment of the market that I never really focused much on. Part of this was because I am ideologically opposed to the idea of for-profit education institutions for the most part. But with the...
Maskot/DigitalVision via Getty Images Earlier this year, I made the commitment to analyze companies in the for-profit education sector. Although I had touched briefly on the space in the past, it was always a segment of the market that I never really focused much on. Part of this was because I am ideologically opposed to the idea of for-profit education institutions for the most part. But with the goal of becoming a more well-rounded analyst, with a better understanding of the broader economy, I felt as though it was necessary to dig into this fascinating industry. Although my ideological stance remains, I will say that some of the firms in this industry have become very attractive in my eyes. A great example of this can be seen by looking at Universal Technical Institute ( UTI ), which owns not only its hallmark Universal Technical Institute locations but also Concorde Career Colleges. In my article about the company, I lauded management for their growth plans. I made the argument that attractive upside for the firm would be justified based on growth initiatives that should ultimately boost revenue and profitability significantly over the next few years. This led me to rate the company a soft ‘buy.’ And since then, shares have jumped 17%. That's above the 13.5% increase that the S&P 500 saw over the same window of time. After seeing this move higher, I decided to dig a bit deeper into the firm. I really wanted to know if further upside is justified. Based on my own analysis, I believe that it is. Because of this, I am reaffirming it as a soft ‘buy’ candidate. A Growth Play You Should Learn to Watch In my last article about Universal Technical Institute, I dug deeper into the core operations of the business. I don't think it would be terribly helpful to rehash all of those details. However, a brief refresher is probably in order. For those who are unfamiliar with the business, it focuses on two primary areas of the economy. The first of these would be certain trades...
Technology secretary says legal requirement that protects women, older people and others from workplace discrimination is ‘really important’ Volodymyr Zelenskyy has said the decision by some Reform UK councils to take down the Ukrainian flag was the kind of “small mistake that can break a big friendship”. The Ukrainian president made the comment in an interview with Pippa Crerar and Luke Harding ....
Technology secretary says legal requirement that protects women, older people and others from workplace discrimination is ‘really important’ Volodymyr Zelenskyy has said the decision by some Reform UK councils to take down the Ukrainian flag was the kind of “small mistake that can break a big friendship”. The Ukrainian president made the comment in an interview with Pippa Crerar and Luke Harding . In response, Reform UK has defended the flag policy being adopted by some Reform-led councils, saying not flying the Ukrainian flag does not mean the party is not supporting Kyiv in its fight against Russia. No, I think we should only have British flags. Because we’re a British country. We can’t have flags [for all conflicts]. We’re a British country and our public buildings should have the British flag. It doesn’t mean that we don’t support Ukraine, in any way. Continue reading...
Pinterest, Southwest Airlines, and United Therapeutics each executed significant share repurchases in Q1 2026, reducing their outstanding share counts by 16%, 5%, and 3.2%, respectively.
Pinterest, Southwest Airlines, and United Therapeutics each executed significant share repurchases in Q1 2026, reducing their outstanding share counts by 16%, 5%, and 3.2%, respectively.
Intesa Sanpaolo SpA Chief Executive Officer Carlo Messina said a successful takeover on Banca Monte dei Paschi di Siena SpA would position his bank to engage in deals across Europe. A successful deal “is a starting point also to look at the consolidation in Europe in a position of total strength in comparison to all the other peers,” Messina said in a Bloomberg TV interview on Tuesday. Messina on ...
Intesa Sanpaolo SpA Chief Executive Officer Carlo Messina said a successful takeover on Banca Monte dei Paschi di Siena SpA would position his bank to engage in deals across Europe. A successful deal “is a starting point also to look at the consolidation in Europe in a position of total strength in comparison to all the other peers,” Messina said in a Bloomberg TV interview on Tuesday. Messina on Monday surprised markets by offering to buy Monte Paschi for more than €30 billion ($35 billion). A deal would cement Intesa’s dominant role at home, expand its investment banking and wealth management operations through the addition of Mediobanca SpA, and leave it with a big minority stake in the country’s largest insurer, Assicurazioni Generali SpA . Read More: Intesa Makes €30.6 Billion Paschi Bid in New Italy Deal Wave Messina had previously ruled out major acquisitions in Italy, given Intesa’s market share. He said the deal proposal now became possible after insurer Unipol Assicurazioni SpA agreed to buy about half of Monte Paschi’s branches along with the brand. The offer is likely to trigger responses from other players in Italian finance. A day before Intesa’s offer, Banco BPM SpA already pitched a merger of equals with Monte Paschi, without giving a price. Messina in the interview said BPM’s proposal was merely a “love letter” seeking discussion, not a full fledged offer.
格隆汇6月9日｜随着地缘政治紧张局势缓和，为欧元信用债提供违约保险的成本保持平稳。Tickmill Group的Patrick Munnelly在一份报告中表示，以色列和伊朗达成停止相互攻击的协议，减轻了“对更深层次地区冲突和更具破坏性能源冲击的直接担忧“。标普全球市场财智数据显示，欧元投资级信用违约掉期的iTraxx Europe Main指数持平于54个基点。欧元高收益信用违约掉期的iTrax...
格隆汇6月9日｜随着地缘政治紧张局势缓和，为欧元信用债提供违约保险的成本保持平稳。Tickmill Group的Patrick Munnelly在一份报告中表示，以色列和伊朗达成停止相互攻击的协议，减轻了“对更深层次地区冲突和更具破坏性能源冲击的直接担忧“。标普全球市场财智数据显示，欧元投资级信用违约掉期的iTraxx Europe Main指数持平于54个基点。欧元高收益信用违约掉期的iTraxx Europe Crossover指数下跌1个基点，至263个基点。