Key Points ADW Capital acquired 5,000,000 shares in Stagwell during the first quarter; the estimated trade size was $27.96 million (based on average first-quarter 2026 pricing). The quarter-end position value increased by $31.45 million, reflecting both share purchase and price movement. The transaction represented a 10.87% increase in 13F reportable assets under management. 10 stocks we like bett...
Key Points ADW Capital acquired 5,000,000 shares in Stagwell during the first quarter; the estimated trade size was $27.96 million (based on average first-quarter 2026 pricing). The quarter-end position value increased by $31.45 million, reflecting both share purchase and price movement. The transaction represented a 10.87% increase in 13F reportable assets under management. 10 stocks we like better than Stagwell › On May 15, 2026, ADW Capital Management disclosed a new position in Stagwell (NASDAQ:STGW), acquiring five million shares—an estimated $27.96 million trade based on quarterly average pricing. What happened According to a SEC filing dated May 15, 2026, ADW Capital Management acquired 5,000,000 shares of Stagwell in the first quarter. The estimated transaction value was $27.96 million, calculated using the average unadjusted closing price for the quarter. The quarter-end value of the position reached $31.45 million, reflecting both new shares acquired and market price movement. What else to know This marks a new position for the fund, with Stagwell representing 12.22% of 13F assets under management after the trade. Top five holdings after the filing: NYSE: APG: $60.06 million (26.2% of AUM) NASDAQ: DRVN: $50.44 million (22.0% of AUM) NASDAQ: STGW: $31.45 million (13.7% of AUM) NYSE: GFL: $42.14 million (18.4% of AUM) NYSE: CODI: $29.48 million (12.9% of AUM) As of Wednesday, Stagwell shares were priced at $6.22, up 24% over the past year, which is roughly in line with the S&P 500’s roughly 25% gain in the same period. Company overview Metric Value Revenue (TTM) $2.96 billion Net income (TTM) $19.05 million Market capitalization $1.5 billion Price (as of Wednesday) $6.22 Company snapshot Stagwell offers digital transformation, performance media and data, consumer insights, strategy, and creative communications services across integrated agency, media, and communications networks. The firm generates revenue through a combination of digital platform developmen...
New Fed Chair Pledges 'Regime Change' To Fight Inflation - Here's What That Could Mean In Practice Authored by Kevin Stocklin via The Epoch Times (emphasis ours), Newly confirmed Federal Reserve Chair Kevin Warsh, pledging new tactics to fight inflation, faces an uphill battle to keep rising prices in check. At left is former Federal Reserve Chair Jerome Powell; at right is newly confirmed Federal...
New Fed Chair Pledges 'Regime Change' To Fight Inflation - Here's What That Could Mean In Practice Authored by Kevin Stocklin via The Epoch Times (emphasis ours), Newly confirmed Federal Reserve Chair Kevin Warsh, pledging new tactics to fight inflation, faces an uphill battle to keep rising prices in check. At left is former Federal Reserve Chair Jerome Powell; at right is newly confirmed Federal Reserve Chair Kevin Warsh. Courtesy of the Federal Reserve; Hoover Institution At his April 21 Senate confirmation hearing, Warsh called for “a regime change in the conduct of policy” at the Fed under former chair Jerome Powell, whose tenure saw annual inflation exceed 8 percent during the Biden administration and has failed since 2021 to keep inflation below its target. “Once you let inflation take hold in the economy, it’s more expensive and harder to bring it down, and so the fatal policy error going back four or five years is still a legacy that we’re dealing with,” Warsh stated. “Hard-working Americans are no doubt feeling it.” Americans are suffering as price increases outpace wages. And as of April, the inflation rate of 3.8 percent remains persistently above the 2 percent target set by the Federal Reserve. What is the new Fed chair’s plan to get inflation under control? Analysts predict that he will bring a different approach, which will include reducing the Fed’s massive $6.8 trillion bond holdings, prioritizing interest-rate actions over quantitative easing, and focusing on the money supply over other metrics. “Warsh is likely going to pursue a smaller Fed balance sheet and try to use this ‘tightening’ as a bargaining chip to get the Federal Open Market Committee to lower short-term rates,” Chris Whalen, investment banker and former Fed staffer, told The Epoch Times. “His comments on the disaster of quantitative easing are quite clear.” The Legacy of Cheap Dollars Except for a brief interlude during President Donald Trump’s first term, the Fed has pursued a cheap...
Hardollin/iStock via Getty Images Introduction In my view, Compass Diversified ( CODI ) is a recovery bet, because net asset sales are starting to lower the debt, but the leverage, Lugano uncertainty, and stopped dividends still limit the upside. Compass Diversified operates as a holdings company, managing a middle-market business portfolio, which is diversified by brands for consumers and industr...
Hardollin/iStock via Getty Images Introduction In my view, Compass Diversified ( CODI ) is a recovery bet, because net asset sales are starting to lower the debt, but the leverage, Lugano uncertainty, and stopped dividends still limit the upside. Compass Diversified operates as a holdings company, managing a middle-market business portfolio, which is diversified by brands for consumers and industrial segments. The 2026 Q1 financial results are showing $426.9 million in revenues, which, compared to last year, declined 5.9%. This drop was caused by the Lugano Diamonds deconsolidation at the end of 2025, but excluding that, the company's revenue was flat year over year, though the company managed to decrease net loss from $49.8 million to $30.8 million. Despite the loss decrease, CODI's financial health remains tense due to the $1.86 billion in debt. The debt-to-equity ratio has reached a level of 4.64, which is well above the ten-year average. The management is trying to reduce the leverage in 2026, has finished the Sterno food services business sale for $292.5 million, and directed the funds to lower the debt. Even though the industrial segment faced a 3.3% revenue drop, the branded consumer segment's EBITDA grew 11.6%, though it is not enough to renew dividend payments, which still remain stopped. The forward P/E ratio of 42.55x and the $20.5 million Primaloft impairment charge write-off show that the valuation is still adjusting by the real cash flows, rather than optimistic forecasts. In my view, for CODI, it is currently in a complex restructuring phase, whose success depends on the ability to further decrease leverage and stabilize the industrial segments profitability. Business Overview Compass Diversified operates as a holding company, managing a middle-market business portfolio diversified by brands for consumers and industrial segments. The company's structure takes up such assets as 5.11 Tactical, The Honey Pot Company, and Arnold Magnetic Technologies. COD...
(Bloomberg) -- The US and Iran traded threats of escalation on Wednesday as the weeks-long standoff in the Middle East dragged on without resolution. Most Read from Bloomberg President Donald Trump told reporters that the US was in the “final stages” with Iran, sparking investor hopes that a deal was close. Treasuries surged and oil dropped sharply. But the president also reiterated a pledge to re...
(Bloomberg) -- The US and Iran traded threats of escalation on Wednesday as the weeks-long standoff in the Middle East dragged on without resolution. Most Read from Bloomberg President Donald Trump told reporters that the US was in the “final stages” with Iran, sparking investor hopes that a deal was close. Treasuries surged and oil dropped sharply. But the president also reiterated a pledge to resume attacks in the coming days if Iran didn’t agree to his terms, a threat he’s made multiple times since the ceasefire began. Trump has repeatedly said the two sides were close to reaching an agreement, but none has yet emerged. “We’ll either have a deal or we’re going to do some things that are a little bit nasty,” he said. “But hopefully that won’t happen.” The US has insisted Iran surrender any plans for nuclear enrichment and reopen the Strait of Hormuz to commercial traffic — demands Tehran is refusing. Iran wants the US to end a blockade of its ports first. Iranian President Masoud Pezeshkian insisted the country was not on the brink of giving in. “Forcing Iran to surrender through coercion is nothing but an illusion,” he posted on X. Trump later repeated the tight timeline he has set, and stretched, several times since the start of the conflict. “Believe me, if we don’t get the right answers, it goes very quickly,” Trump said after a speech at the Coast Guard Academy. “We’re all ready to go. We have to get the right answers.” Earlier, Iran warned it would retaliate beyond the Middle East if the US or Israel renewed strikes, although it was unclear if Tehran had the capability to do so. “If aggression against Iran is repeated, the regional war that had been promised will this time extend beyond the region,” the Islamic Revolutionary Guard Corps said, according to the semi-official Tasnim news agency. The IRGC, which has gained even more influence over Iranian decision-making since the war erupted in late February, vowed “crushing blows in places you do not expect.” ...
据知情人士透露,美国总统唐纳德・特朗普最快将于周四发布一项行政命令,旨在加强人工智能网络安全,并已邀请科技行业高管出席签署仪式。据报道,特朗普拟签署的这项行政令将修订现有网络安全信息共享机制,把人工智能企业纳入合作范围,但不会强制要求尖端 AI 模型必须获得联邦政府批准。取而代之,行政令将倡导对前沿人工智能系统开展自愿性政府安全检测,以便在联邦、州、地方各级网络及美国关键基础设施中发现并修复安全漏...
据知情人士透露,美国总统唐纳德・特朗普最快将于周四发布一项行政命令,旨在加强人工智能网络安全,并已邀请科技行业高管出席签署仪式。据报道,特朗普拟签署的这项行政令将修订现有网络安全信息共享机制,把人工智能企业纳入合作范围,但不会强制要求尖端 AI 模型必须获得联邦政府批准。取而代之,行政令将倡导对前沿人工智能系统开展自愿性政府安全检测,以便在联邦、州、地方各级网络及美国关键基础设施中发现并修复安全漏洞,同时不增设大规模强制性监管。知情人士称,白宫已向多家科技企业高管发出邀请,出席周四在白宫举行的签署仪式,但最终参会名单尚未确定。白宫发言人周三晚间暂未置评。头部人工智能开发企业 OpenAI 与 Anthropic PBC 的发言人也尚未回应置评请求。 责任编辑:王永生