LGT Group Foundation lowered its holdings in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 5.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 78,129 shares of the electric vehicle producer's stock after selling 4,877 shares during the period. LGT Group Foundation's holdings in Tesla were worth $35...
LGT Group Foundation lowered its holdings in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 5.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 78,129 shares of the electric vehicle producer's stock after selling 4,877 shares during the period. LGT Group Foundation's holdings in Tesla were worth $35,897,000 at the end of the most recent reporting period. Several other institutional investors also recently modified their holdings of the stock. Manning & Napier Advisors LLC purchased a new position in Tesla in the 3rd quarter worth approximately $29,000. Westend Capital Management LLC bought a new stake in shares of Tesla during the 3rd quarter worth $32,000. Chapman Financial Group LLC bought a new stake in shares of Tesla during the 2nd quarter worth $26,000. CoreFirst Bank & Trust purchased a new position in Tesla in the second quarter worth $30,000. Finally, ESL Trust Services LLC increased its stake in Tesla by 1,900.0% in the second quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer's stock valued at $32,000 after acquiring an additional 95 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors. Get Tesla alerts: Sign Up Insider Activity at Tesla In other Tesla news, Director Kimbal Musk sold 56,820 shares of the stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the completion of the sale, the director owned 1,391,615 shares of the company's stock, valued at $627,145,215.90. This represents a 3.92% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Kathleen Wilson-Thompson sold 25,731 shares of the firm's stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $415.56, ...
LGT Fund Management Co Ltd. increased its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 35.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,870 shares of the enterprise software provider's stock after acquiring an additional 5,418 shares during the period. LGT Fund Management Co L...
LGT Fund Management Co Ltd. increased its position in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 35.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,870 shares of the enterprise software provider's stock after acquiring an additional 5,418 shares during the period. LGT Fund Management Co Ltd.'s holdings in Oracle were worth $6,032,000 as of its most recent filing with the Securities and Exchange Commission. A number of other hedge funds have also added to or reduced their stakes in ORCL. Darwin Wealth Management LLC lifted its stake in Oracle by 130.0% during the third quarter. Darwin Wealth Management LLC now owns 115 shares of the enterprise software provider's stock worth $32,000 after purchasing an additional 65 shares during the last quarter. Winnow Wealth LLC bought a new position in shares of Oracle in the 2nd quarter valued at $28,000. Financial Consulate Inc. acquired a new position in shares of Oracle during the 3rd quarter worth $37,000. Corundum Trust Company INC acquired a new position in shares of Oracle during the 3rd quarter worth $39,000. Finally, Collier Financial bought a new stake in shares of Oracle during the 3rd quarter worth $38,000. 42.44% of the stock is owned by institutional investors. Get Oracle alerts: Sign Up Key Headlines Impacting Oracle Here are the key news stories impacting Oracle this week: Insider Buying and Selling at Oracle In other Oracle news, EVP Douglas A. Kehring sold 35,000 shares of Oracle stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $194.89, for a total transaction of $6,821,150.00. Following the transaction, the executive vice president directly owned 33,638 shares of the company's stock, valued at approximately $6,555,709.82. The trade was a 50.99% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which c...
LGT Fund Management Co Ltd. cut its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 7.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 50,125 shares of the semiconductor company's stock after selling 3,882 shares during the quarter. Taiwan Semiconductor Manufacturin...
LGT Fund Management Co Ltd. cut its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 7.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 50,125 shares of the semiconductor company's stock after selling 3,882 shares during the quarter. Taiwan Semiconductor Manufacturing accounts for about 1.2% of LGT Fund Management Co Ltd.'s investment portfolio, making the stock its 18th largest holding. LGT Fund Management Co Ltd.'s holdings in Taiwan Semiconductor Manufacturing were worth $14,460,000 at the end of the most recent quarter. Other hedge funds have also recently added to or reduced their stakes in the company. Heartwood Wealth Advisors LLC acquired a new stake in shares of Taiwan Semiconductor Manufacturing during the third quarter worth $32,000. Resources Management Corp CT ADV bought a new position in shares of Taiwan Semiconductor Manufacturing in the 2nd quarter worth about $32,000. Cedar Wealth Management LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 91.4% in the 3rd quarter. Cedar Wealth Management LLC now owns 134 shares of the semiconductor company's stock valued at $37,000 after buying an additional 64 shares during the period. Fairman Group LLC boosted its holdings in shares of Taiwan Semiconductor Manufacturing by 171.2% in the 3rd quarter. Fairman Group LLC now owns 141 shares of the semiconductor company's stock valued at $39,000 after buying an additional 89 shares during the period. Finally, Riggs Asset Managment Co. Inc. bought a new stake in shares of Taiwan Semiconductor Manufacturing during the 2nd quarter valued at about $41,000. Institutional investors and hedge funds own 16.51% of the company's stock. Get TSM alerts: Sign Up Taiwan Semiconductor Manufacturing Stock Down 4.4% TSM stock opened at $338.27 on Monday. The stock has a market cap of $1.75 trillion, a PE ratio of 31.76, a price...
Key Points Global diversification is the most realistic upside. Margin stability matters more than expansion. Energy and software add resilience, not transformation, yet. 10 stocks we like better than BYD Company › When investors think about BYD Company Ltd's (OTC: BYDDY) future, the debate often swings between extremes -- unstoppable global dominance or margin collapse under relentless competitio...
Key Points Global diversification is the most realistic upside. Margin stability matters more than expansion. Energy and software add resilience, not transformation, yet. 10 stocks we like better than BYD Company › When investors think about BYD Company Ltd's (OTC: BYDDY) future, the debate often swings between extremes -- unstoppable global dominance or margin collapse under relentless competition. But the most likely outcome over the next three years isn't dramatic. It's evolutionary. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » The base case for BYD in 2028 looks less like a moonshot and more like a maturation story. A truly global EV manufacturer One of the most significant potential upsides (and uncertainties) around BYD is whether its overseas expansion will be successful. Three years is enough time for BYD's overseas push to solidify. Factories in Southeast Asia, Europe, and Latin America should be up to speed, dealer networks should be more established, and brand familiarity should significantly improve outside China. In this scenario, BYD derives roughly 35% to 45% of its revenue from overseas markets. China remains its largest base, but no longer its overwhelming dependency. That evolution matters. A more geographically diversified revenue mix reduces regulatory risk, smooths demand cycles, and strengthens negotiating power with suppliers and governments. Investors stop viewing BYD primarily as a "Chinese EV stock" and start evaluating it as a global industrial company. Stable, not spectacular margins In the base case, margins do not expand dramatically, but they stabilize. In this scenario, China's EV market remains competitive, and pricing pressure doesn't disappear. However, BYD's cost structure, vertical integration, and scale enable it to defend operating margins in the low-to-mi...
French President Emmanuel Macron said on Monday the G7 will discuss a possible release of strategic oil reserves, as finance ministers of the world’s leading industrialised nations prepared to meet for crisis talks on the Middle East war. Macron, whose country holds the rotating presidency of the Group of Seven advanced economies, said that “the use of strategic reserves is an option being conside...
French President Emmanuel Macron said on Monday the G7 will discuss a possible release of strategic oil reserves, as finance ministers of the world’s leading industrialised nations prepared to meet for crisis talks on the Middle East war. Macron, whose country holds the rotating presidency of the Group of Seven advanced economies, said that “the use of strategic reserves is an option being considered”. A possible meeting of G7 heads of state and government could take place this week, Macron told journalists on his way to Cyprus. Advertisement “A coordination among G7 heads of state and government this week on the issue of energy is being examined,” he added. French Finance Minister Roland Lescure is due to chair a video meeting of G7 finance ministers at 12.30 GMT. 02:28 Cheers and protests greet choice of new Iranian supreme leader Cheers and protests greet choice of new Iranian supreme leader The gathering will “review the situation in the Gulf from an economic point of view” and the “events of recent days”, the ministry said.
A mass brawl led to red cards for 23 players from Cruzeiro and their fierce local rivals Atlético Mineiro after clashes at the Campeonato Mineiro final in Brazil. The confrontation on Sunday in Belo Horizonte was sparked deep in stoppage time of Cruzeiro’s 1-0 win when Atlético’s goalkeeper Everson rugby-tackled Christian to the ground after the midfielder collided with him when contesting a ball ...
A mass brawl led to red cards for 23 players from Cruzeiro and their fierce local rivals Atlético Mineiro after clashes at the Campeonato Mineiro final in Brazil. The confrontation on Sunday in Belo Horizonte was sparked deep in stoppage time of Cruzeiro’s 1-0 win when Atlético’s goalkeeper Everson rugby-tackled Christian to the ground after the midfielder collided with him when contesting a ball the keeper had spilled. Everson kneeled on Christian, catching Christian’s face, then shouted at his prone opponent while applying pressure to Christian’s back. That prompted an angry reaction from Cruzeiro players, who confronted Everson, pushing him into the net and triggering a melee. A brawl that began next to the goal spilled well inside the other half, with players kicking, punching and pushing while security staff and others tried to separate them. The violence, which also involved substitutes and members of the coaching staff, lasted for more than a minute and O Globo reported that although the game was completed without sendings-off, the referee retrospectively issued 23 red cards, 12 to Cruzeiro players and 11 to Atlético players. “It’s regrettable, I have never seen violence like that in any football game,” Atlético’s former Brazil forward Hulk said. “We cannot set that example because it ends up having repercussions all around the world. We have a responsibility to safeguard our image and the image of the institution.” Cruzeiro’s coach, Tite, a former Brazil manager, thanked the fans for their support after the win. “I want to convey to the Cruzeiro fans the affection and respect I have for them,” he said. “I may lack competence at times, but respect for the fans, the work, the dignity, the honesty, that’s what counts.”
Ceconomy owns the electronics retail chains MediaMarkt and Saturn. Credit: Dutchmen Photography via Shutterstock.com. German electronics retailer Ceconomy plans to propose chief financial officer (CFO) Remko Rijnders as chief executive officer (CEO) after Kai-Ulrich Deissner decided to step down for personal reasons, according to Reuters. Deissner informed the company’s supervisory board that he i...
Ceconomy owns the electronics retail chains MediaMarkt and Saturn. Credit: Dutchmen Photography via Shutterstock.com. German electronics retailer Ceconomy plans to propose chief financial officer (CFO) Remko Rijnders as chief executive officer (CEO) after Kai-Ulrich Deissner decided to step down for personal reasons, according to Reuters. Deissner informed the company’s supervisory board that he intends to hand over the CEO role during the course of this year. He assumed the position in May 2025. Deissner said: “It is time for me to open a new chapter in my life and reset my priorities. This is possible because Ceconomy is excellently positioned. “The vision and mission of transforming MediaMarkt and Saturn from a traditional retailer into an omnichannel service platform has been implemented. “After three years of continuous improvement in results, we are well on track to achieve our strategic goals, and the announced cooperation with JD.com has set the course for the next phase.” Ceconomy said its supervisory board will discuss the leadership transition at a meeting scheduled for 12 March 2026. GlobalData Strategic Intelligence US Tariffs are shifting - will you react or anticipate? Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis. By GlobalData Learn more about Strategic Intelligence The planned change comes as the company moves forward with a takeover by Chinese technology group JD.com. Deissner, who has backed the proposed acquisition, said regulatory clearance for the transaction is expected in the first half of the year. In November 2025, the Italian Government granted conditional approval to JD.com’s planned purchase of Ceconomy under Rome’s “golden power” framework, which allows authorities to block or impose conditions on deals involving strategically important assets. However, the following month, Italy imposed strict personal data protection requirements in connection with JD.com’s acquisition of Ceconom...
Saudi Arabia has started reducing oil production, following similar moves by the United Arab Emirates, Kuwait and Iraq, as the near-blockage of the critical Strait of Hormuz starts filling up storage tanks. Joumanna Bercetche reports on Bloomberg Television. (Source: Bloomberg)
Saudi Arabia has started reducing oil production, following similar moves by the United Arab Emirates, Kuwait and Iraq, as the near-blockage of the critical Strait of Hormuz starts filling up storage tanks. Joumanna Bercetche reports on Bloomberg Television. (Source: Bloomberg)
imaginima/E+ via Getty Images A Transformational Acquisition in a Slowing Market Cactus, Inc. ( WHD ) is sitting on uncertain ground at this point. The Surface Pressure Control business acquisition is an effective measure to spread its international reach, especially when the US market offers limited opportunities. But the current geopolitical scenario and the policy limbo can suck out investors' ...
imaginima/E+ via Getty Images A Transformational Acquisition in a Slowing Market Cactus, Inc. ( WHD ) is sitting on uncertain ground at this point. The Surface Pressure Control business acquisition is an effective measure to spread its international reach, especially when the US market offers limited opportunities. But the current geopolitical scenario and the policy limbo can suck out investors' enthusiasm. Crude oil prices, drilling activity, and construction cycles—all the key factors—point to a near-term slowdown. On top of that, realizing synergies from the Cactus International acquisition can be delayed due to the long-cycle orders But I am still holding my breath over Cactus' prospects. Why? Because the Baker Hughes deal adds backlog, providing multi-year revenue visibility. One key advantage that Cactus has is its high liquidity and zero debt. Such advantages provide flexibility for growth investments and shareholder returns in situations where the credit market dries up. The stock's 14% fall over the past month has paved the way for solid return potential over the next year. Despite the challenges, I maintain the "Hold" call, unchanged from the previous article . Acquisition Impact In January, Cactus acquired 65% ownership in Baker Hughes' Surface Pressure Control business (Cactus International). The acquisition will expand WMD's geographic footprint and provide access to growth markets. WMD's management views the deal as transformational because it believes the company's expertise in U.S. conventional can enhance customer performance. It targets $10 million of annual synergies. Plus, it has additional supply chain savings expected through 2027. WHD's management estimates that the company's backlog decreased marginally to $550 million in FY2025, but the acquisition improved revenue visibility. Investors may note that Cactus generated $1.08 billion of revenue for the year. In FY2026, it expects backlog growth to decelerate. The acquisition will likely help b...