Love Employee/iStock via Getty Images 2026 2026 Annualized as of March 31, 2026 Annualized as of March 31, 2026 Annualized as of March 31, 2026 Annualized as of March 31, 2026 Annualized as of March 31, 2026 YTD Q1 1 Yr 3 Yrs 5 Yrs 10 Yrs Since 6/30/1984 Polaris Intl. Equity Composite (net of fees) 5.13% 5.13% 34.62% 16.92% 8.03% 8.87% 10.44% Polaris Intl. Equity Composite (gross of fees) 5.26% 5....
Love Employee/iStock via Getty Images 2026 2026 Annualized as of March 31, 2026 Annualized as of March 31, 2026 Annualized as of March 31, 2026 Annualized as of March 31, 2026 Annualized as of March 31, 2026 YTD Q1 1 Yr 3 Yrs 5 Yrs 10 Yrs Since 6/30/1984 Polaris Intl. Equity Composite (net of fees) 5.13% 5.13% 34.62% 16.92% 8.03% 8.87% 10.44% Polaris Intl. Equity Composite (gross of fees) 5.26% 5.26% 35.33% 17.51% 8.57% 9.44% 11.24% MSCI EAFE Index, gross dividends reinvested -1.12% -1.12% 21.88% 14.18% 8.45% 8.91% 8.95% Click to enlarge Composite returns are preliminary. Past performance is not indicative of future results. 2026 started out well, with global growth tracking slightly above expectations. The U.S. Federal Reserve held its benchmark rate at 3.5%–3.75% following a December cut, and several other G20 central banks maintained or reduced rates, creating a broadly supportive macro backdrop through January and February. Cyclicals drove strong early returns, even as U.S. tariff threats continued. March brought a decisive turn. The war in Iran and the closure of the Strait of Hormuz sent energy prices sharply higher. Both the European Central Bank and Bank of Japan held rates steady but cautioned that the ongoing conflict poses risks of rising inflation and slowing economic growth. The pivot reshuffled sector leadership — lifting energy and defensive positions while tamping down AI-adjacent cyclicals. On this backdrop, the Polaris International Equity Composite gained 5.13% (net of fees), outperforming the MSCI EAFE Index, which returned -1.12%. The Composite outperformed in most sectors including double-digit gains from materials, energy and utilities, while information technology and health care added measurably. Absolute detractors included consumer discretionary, industrials and communication services. Holdings in Norway, Italy, Japan Spain and the Netherlands contributed most, along with off-benchmark countries including Canada and South Korea. China decl...
Sky Sports declines offer to renew long-term contract Value of bilateral international cricket in decline Cricket South Africa has yet to secure a UK television rights deal for England’s marquee Test series next winter with Sky Sports declining an offer to renew a long-term contract that expired last year. Sky’s apparent reluctance to extend a relationship that began more than 30 years ago has lef...
Sky Sports declines offer to renew long-term contract Value of bilateral international cricket in decline Cricket South Africa has yet to secure a UK television rights deal for England’s marquee Test series next winter with Sky Sports declining an offer to renew a long-term contract that expired last year. Sky’s apparent reluctance to extend a relationship that began more than 30 years ago has left CSA searching for alternative broadcast partners so that the three Tests over Christmas and three one-day internationals in January are televised in the UK. Continue reading...
The pace of advances in artificial intelligence is changing the structure of how deals are getting done in the space, according to Tony Kim, Centerview Partners ’ co-president of investment banking. “These deals are being driven by AI time. It’s changing every month. You don’t know where it will be in three months,” Kim said on Bloomberg Television. “How could you possibly set up for a deal that c...
The pace of advances in artificial intelligence is changing the structure of how deals are getting done in the space, according to Tony Kim, Centerview Partners ’ co-president of investment banking. “These deals are being driven by AI time. It’s changing every month. You don’t know where it will be in three months,” Kim said on Bloomberg Television. “How could you possibly set up for a deal that could take 18 months to close? That’s why you’re seeing this pivot to partnership type transactions and that really has become more of a norm in the AI field.” Kim helped advise Scale AI on its investment from Meta Platforms Inc. last year valuing it at more than $29 billion. As part of the investment, Scale CEO and co-founder Alexandr Wang joined Meta on its AI team. Instead of acquihire deals, Kim calls them “LIFT deals”, which stands for license, IP, founders and talent. These agreements don’t have components that are reportable to antitrust authorities, he added. However, these deals don’t fully escape government scrutiny. “Various jurisdictions around the world have come out and said, ‘Hey this looks like an M&A deal. I’m going to look at it more closely.’” He said that’s the case with Nvidia’s agreement to license Groq technology, announced late last year. Nvidia Corp.’s $20 billion licensing deal with artificial intelligence startup Groq is being probed by a pair of Democratic senators over whether it violates antitrust laws by improperly avoiding a merger review and illegally consolidating its power in the market for AI computing, Bloomberg News reported last month.
We wanted to show you what happens after the confetti falls. We checked in with some of our recent alumni, many of whom have sat down with us on Build Mode: The Founder Survival Guide, TechCrunch's podcast for founders at every stage.
We wanted to show you what happens after the confetti falls. We checked in with some of our recent alumni, many of whom have sat down with us on Build Mode: The Founder Survival Guide, TechCrunch's podcast for founders at every stage.
We wanted to show you what happens after the confetti falls. We checked in with some of our recent alumni, many of whom have sat down with us on Build Mode: The Founder Survival Guide, TechCrunch's podcast for founders at every stage.
We wanted to show you what happens after the confetti falls. We checked in with some of our recent alumni, many of whom have sat down with us on Build Mode: The Founder Survival Guide, TechCrunch's podcast for founders at every stage.
Joel Greenblatt built his reputation on the “Magic Formula,” a framework that focuses on buying companies with high earnings yield and strong returns on capital. It’s a simple idea, but it has consistently pointed toward high-quality businesses trading at reasonable prices. When Greenblatt leans into a theme, it usually reflects both quality and valuation discipline. ... Joel Greenblatt Made These...
Joel Greenblatt built his reputation on the “Magic Formula,” a framework that focuses on buying companies with high earnings yield and strong returns on capital. It’s a simple idea, but it has consistently pointed toward high-quality businesses trading at reasonable prices. When Greenblatt leans into a theme, it usually reflects both quality and valuation discipline. ... Joel Greenblatt Made These 4 AI Stocks His Top Positions. Here’s Why They’re Worth a Closer Look
The United States is concerned that several African countries revoked overflight clearances for Taiwan’s leader at China’s behest, the US State Department said on Wednesday, calling the incident an abuse of the international civil aviation system. Taiwan this week said the Seychelles, Mauritius and Madagascar unilaterally revoked flight permits for leader William Lai Ching-te’s aircraft to cross ...
The United States is concerned that several African countries revoked overflight clearances for Taiwan’s leader at China’s behest, the US State Department said on Wednesday, calling the incident an abuse of the international civil aviation system. Taiwan this week said the Seychelles, Mauritius and Madagascar unilaterally revoked flight permits for leader William Lai Ching-te’s aircraft to cross airspace they manage on a planned trip to eSwatini, one of Taiwan’s allies. It is the first instance...
On April 21, 2026, Econ Financial Services Corp disclosed a new position in Invesco Equal Weight 0-30 Year Treasury ETF (NASDAQ:GOVI) , acquiring 226,050 shares in a trade estimated at $6.24 million based on quarterly average pricing. Econ Financial Services Corp reported to the U.S. Securities and Exchange Commission on April 21, 2026, that it established a new stake in the Invesco Equal Weight 0...
On April 21, 2026, Econ Financial Services Corp disclosed a new position in Invesco Equal Weight 0-30 Year Treasury ETF (NASDAQ:GOVI) , acquiring 226,050 shares in a trade estimated at $6.24 million based on quarterly average pricing. Econ Financial Services Corp reported to the U.S. Securities and Exchange Commission on April 21, 2026, that it established a new stake in the Invesco Equal Weight 0-30 Year Treasury ETF (NASDAQ:GOVI) , acquiring 226,050 shares. The estimated transaction value was $6.24 million, calculated using the quarter’s average unadjusted closing price. The quarter-end value of the position increased by $6.17 million, reflecting both the trade and price movement. The Invesco Equal Weight 0-30 Year Treasury ETF offers institutional investors diversified exposure to the U.S. Treasury yield curve by equally weighting maturities from 1 to 30 years. The Fund and the Index are rebalanced monthly to maintain a diversified maturity ladder. The fund’s strategy is designed for investors seeking broad U.S. Treasury exposure with a transparent, rules-based methodology. Continue reading
Two Armed Robbers Steal $1.8 Million From Brinks Armored Truck In Philadelphia Authored by Bryan Jung via PJMedia.com, Two masked men armed with rifles carried out a brazen daylight robbery of a Brinks armored truck in the Tacony section of Northeast Philadelphia, escaping with what authorities say could be as much as $1.8 million in cash. Philadelphia Police Department officials told ABC 6 that t...
Two Armed Robbers Steal $1.8 Million From Brinks Armored Truck In Philadelphia Authored by Bryan Jung via PJMedia.com, Two masked men armed with rifles carried out a brazen daylight robbery of a Brinks armored truck in the Tacony section of Northeast Philadelphia, escaping with what authorities say could be as much as $1.8 million in cash. Philadelphia Police Department officials told ABC 6 that the robbery occurred around 9:45 a.m on April 21 on the 7200 block of Torresdale Avenue, as the Brinks truck was servicing a Budget Financial Center. Brinks is a national security and cash logistics company that transports money for banks and retailers. According to law enforcement officials, a blue Acura SUV pulled into the lot, with two suspects dressed in black jumping out, brandishing rifles and confronting the driver before seizing bags of cash. No injuries were reported, with the suspects fleeing the scene within seconds, witnesses said. Surveillance footage reviewed by investigators shows the men exiting the vehicle and pointing a rifle at the armored truck employee. Shortly after the heist, police located a blue Acura believed to have been used in the robbery under Interstate 95 near Front Street and Fairmount Avenue in the city’s Northern Liberties neighborhood. The Federal Bureau of Investigation is now leading the investigation alongside local police, as authorities work to identify the suspects and recover the stolen cash. This robbery follows a year-long string of armored truck heists in the Philadelphia region, including separate incidents in 2025 involving armored delivery trucks. Three men were charged last June for stealing around $2 million from a truck in the Port Richmond robbery, while later that month, another pair of robbers with AR-style rifles held up a Loomis driver who was delivering cash to an Aldi store on Whitaker Avenue in Northeast Philadelphia, taking around $100,000 and the driver's handgun. Three men robbed a Brinks driver on July 2 at the ...
Sandi Smolker/iStock Editorial via Getty Images Bell Textron said it has signed purchase agreements for three Bell 429 helicopters with VIP operators in the United Kingdom and Estonia, adding to the aircraft’s presence in the European market. The unit of Textron ( TXT ) didn't disclose the value of the agreements or identify the buyers. More than 500 Bell 429 helicopters are in service globally. (...
Sandi Smolker/iStock Editorial via Getty Images Bell Textron said it has signed purchase agreements for three Bell 429 helicopters with VIP operators in the United Kingdom and Estonia, adding to the aircraft’s presence in the European market. The unit of Textron ( TXT ) didn't disclose the value of the agreements or identify the buyers. More than 500 Bell 429 helicopters are in service globally. (Bell Textron) The Bell 429 is a light twin-engine helicopter commonly used for corporate transport, emergency medical services, law enforcement and utility missions. Bell said demand in Europe has remained steady for corporate-configured aircraft, particularly among private and executive transport operators. According to the company, more than 500 Bell 429 helicopters are in service globally, with the fleet logging more than 735,000 flight hours. The aircraft is configured to seat up to seven passengers and is equipped for instrument flight rules, allowing operations in a wider range of weather conditions than aircraft limited to visual flight rules. Bell also markets the model on the basis of cabin size and interior flexibility. Last month, Bell announced additional interior options for the Bell 429 as part of its Designer Series package, aimed at customers seeking upgraded cabin finishes and layouts. The latest agreements come as helicopter manufacturers continue to compete for private transport and charter demand in Europe, where operators often prioritize aircraft with executive interiors, twin-engine redundancy and all-weather capability. More on Textron Textron: A Lot Of "Meh" To Go Around Textron Inc. (TXT) Q4 2025 Earnings Call Transcript Textron Inc. 2025 Q4 - Results - Earnings Call Presentation Pentagon details Trump’s $1.5T defense plan; focus on missiles, drones, ships Textron Aviation Defense awarded $150M contract to support military trainer aircraft
Key PointsInvera Wealth Advisors sold 47,883 shares of USXF in the first quarter; the estimated transaction value was $2.77 million based on average quarterly pricing.
Key PointsInvera Wealth Advisors sold 47,883 shares of USXF in the first quarter; the estimated transaction value was $2.77 million based on average quarterly pricing.
JHVEPhoto Wells Fargo ( WFC ) entered into a loan agreement with a Market Financial Solutions-associated property portfolio days after UK bank Barclays ( BCS ) started freezing accounts of the property lender that was on the brink of collapse, according to a media report on Wednesday. A company linked to MFS borrowed £143M ($193M) from Wells Fargo in late November, Bloomberg News reported, citing ...
JHVEPhoto Wells Fargo ( WFC ) entered into a loan agreement with a Market Financial Solutions-associated property portfolio days after UK bank Barclays ( BCS ) started freezing accounts of the property lender that was on the brink of collapse, according to a media report on Wednesday. A company linked to MFS borrowed £143M ($193M) from Wells Fargo in late November, Bloomberg News reported, citing people with knowledge of the matter and documents that its reporters viewed. Barclays ( BCS ), meanwhile, was repaid about the same amount, they said. The new loan closed soon after Barclays began to freeze some of MFS's accounts, putting the property lender on a path for its eventual collapse, Bloomberg said . The company failed in February amid allegations of widespread wrongdoing. Wells Fargo's ( WFC ) £143 debt is among the more than £2B of loans tied to MFS. Creditors have alleged a £1.3B gap in its finances, and the UK's Financial Conduct Authority is investigating MFS's operations. Even with the payment it received soon after the Wells Fargo transaction closed, Barclays ( BCS ) remains MFS's biggest lender. It is still owed ~£500M, Bloomberg said. Barclays CEO CS Venkatakrishnan expects its impairment for the MFS exposure will be "materially lower" than that amount, he said last month. Meanwhile, Wells Fargo ( WFC ) added $174M of charge-offs in its commercial and industrial loans for Q1 due to a "single fraud-related loss" in the real estate finance category, Chief Financial Officer Mike Santomassimo said in the bank's earnings call earlier this month. He didn't name the company involved but described it as an "isolated event." Others that were left holding MFS-related debt are Jefferies Financial Group ( JEF ) and Apollo Global Management's ( APO ) Atlas SP unit. More on Wells Fargo, Barclays Wall Street Roundup: Good News, Earnings News Wells Fargo & Company (WFC) Q1 2026 Earnings Call Transcript Wall Street Lunch: Big Banks Open Earnings Season With Mixed Results...
In this article CB Follow your favorite stocks CREATE FREE ACCOUNT Evan Greenberg, president and chief executive officer of Chubb Ltd., arrives for the morning session of the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Wednesday, July 10, 2019. Patrick T. Fallon | Bloomberg | Getty Images Chubb's stock is falling on Wednesday despite a big earnings beat and a slew of...
In this article CB Follow your favorite stocks CREATE FREE ACCOUNT Evan Greenberg, president and chief executive officer of Chubb Ltd., arrives for the morning session of the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Wednesday, July 10, 2019. Patrick T. Fallon | Bloomberg | Getty Images Chubb's stock is falling on Wednesday despite a big earnings beat and a slew of price target increases by Wall Street analysts. Instead of focusing on those numbers, investors are spooked by signs of a softening property insurance market, with competition increasing and rates declining. On Wednesday's earnings call, CEO Evan Greenberg noted those pressures by calling the aggressive lowering of prices in the industry to win new business "dumb." Chubb is intentionally shrinking its business in large accounts and excess and surplus lines, where it feels the price it's getting isn't adequate for the risk. Piper Sandler analyst Paul Newsome called Chubb's approach to softening prices "deliberate." "We think the takeaway from the quarter was that Chubb is more focused on profitability than growth," Newsome wrote. While that may be turning off some investors in the near term, it is "the right thing to do," said the analyst. Stock Chart Icon Stock chart icon Chubb, YTD Most analysts were positive like Newsome. TD Securities analyst Andrew Kligerman credited Chubb's "exceptional underwriting" for its earnings beat. The company reported first quarter EPS of $6.82, against consensus expectations of $6.60 according to Refinitiv. Greenberg said he feels confident in the company's balance sheet, earnings power and liquidity position, despite the risk of rising inflation from the Iran war. "The impact of the war adds a degree of pressure to certain financial, fiscal, and economic strengths stresses, such as underlying inflation, fiscal deficits and sovereign debt, global supply chains, and financial valuations, including equity and credit, and a growing energy short...
Sundry Photography/iStock Editorial via Getty Images Merck ( MRK ) and Google Cloud ( GOOG ) announced a partnership worth up to $1B on Wednesday to implement an agentic platform across the drugmaker's business operations, making it an AI-driven enterprise. As part of the multi-year deal, the companies are set to deploy Google Cloud's offerings, including Gemini Enterprise, to digitize data and he...
Sundry Photography/iStock Editorial via Getty Images Merck ( MRK ) and Google Cloud ( GOOG ) announced a partnership worth up to $1B on Wednesday to implement an agentic platform across the drugmaker's business operations, making it an AI-driven enterprise. As part of the multi-year deal, the companies are set to deploy Google Cloud's offerings, including Gemini Enterprise, to digitize data and help boost the productivity of Merck's ( MRK ) more than 75K-strong workforce. "Merck's collaboration with Google Cloud represents the next phase of our AI journey,” said MRK’s chief information and digital officer, Dave Williams. The New Jersey-based drugmaker intends to implement Google Cloud’s AI solutions across its R&D, manufacturing, commercial, and corporate functions as part of the deal in a bid to accelerate innovation and patient outcomes. "Our partnership with Merck represents a fundamental shift in how technology supports the entire pharma value chain," added Google Cloud ( GOOGL ) CEO Thomas Kurian. More on Merck, Alphabet Google Pushes Agentic AI Toward The Enterprise Mainstream Alphabet: Insane Performance, With Future Strength Alphabet: A Powerful Earnings Beat Likely Coming Again (Earnings Preview) CrowdStrike edges up as it expands detection and response capabilities to Google Cloud Google Cloud inks deal with Thinking Machines Labs to provide Nvidia-powered AI infrastructure
Tesla’s earnings report will, of course, be about Tesla. The most obvious candidate is SpaceX, which is planning a record-setting, mid-year initial public offering. Tesla owns a small stake in SpaceX by virtue of its prior $2 billion investment in xAI, which merged with SpaceX in February.
Tesla’s earnings report will, of course, be about Tesla. The most obvious candidate is SpaceX, which is planning a record-setting, mid-year initial public offering. Tesla owns a small stake in SpaceX by virtue of its prior $2 billion investment in xAI, which merged with SpaceX in February.