Cyndeo Wealth Partners LLC boosted its position in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 242.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,279 shares of the semiconductor manufacturer's stock after purchasing an additional 5,154 shares during the period. Cynde...
Cyndeo Wealth Partners LLC boosted its position in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 242.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,279 shares of the semiconductor manufacturer's stock after purchasing an additional 5,154 shares during the period. Cyndeo Wealth Partners LLC's holdings in Micron Technology were worth $2,078,000 at the end of the most recent reporting period. A number of other institutional investors have also recently added to or reduced their stakes in MU. American Capital Advisory LLC increased its position in shares of Micron Technology by 20.4% during the third quarter. American Capital Advisory LLC now owns 272 shares of the semiconductor manufacturer's stock worth $46,000 after acquiring an additional 46 shares during the last quarter. Winthrop Capital Management LLC grew its stake in Micron Technology by 4.0% during the 3rd quarter. Winthrop Capital Management LLC now owns 1,234 shares of the semiconductor manufacturer's stock valued at $206,000 after purchasing an additional 47 shares in the last quarter. Main Street Research LLC grew its stake in Micron Technology by 0.8% during the 3rd quarter. Main Street Research LLC now owns 5,976 shares of the semiconductor manufacturer's stock valued at $1,000,000 after purchasing an additional 47 shares in the last quarter. Vivaldi Capital Management LP grew its stake in Micron Technology by 2.6% during the 3rd quarter. Vivaldi Capital Management LP now owns 1,940 shares of the semiconductor manufacturer's stock valued at $325,000 after purchasing an additional 49 shares in the last quarter. Finally, Teamwork Financial Advisors LLC increased its holdings in Micron Technology by 0.4% during the 3rd quarter. Teamwork Financial Advisors LLC now owns 14,974 shares of the semiconductor manufacturer's stock worth $2,505,000 after purchasing an additional 53 share...
CVC Capital Partners Monday said that an investor group led by Apollo-managed funds ( APO ) is acquiring a 37% minority stake in Syntegon from CVC, according to a statement. CVC is reaffirming its commitment and maintaining its majority shareholding with the remaining 63% of shares. Financial terms were not given. The company said focus will be on growing markets and service potential from approxi...
CVC Capital Partners Monday said that an investor group led by Apollo-managed funds ( APO ) is acquiring a 37% minority stake in Syntegon from CVC, according to a statement. CVC is reaffirming its commitment and maintaining its majority shareholding with the remaining 63% of shares. Financial terms were not given. The company said focus will be on growing markets and service potential from approximately 72,000 installed systems worldwide in the pharma, biotech, and food industries. Closing of the transaction is subject to customary regulatory approvals. More on Apollo Global Management Apollo Global: AUM Surge, SaaSpocalypse Fears, And The Manufactured Private Credit Crisis Apollo Global: The Credit Giant Being Treated Like A SaaS Fund Apollo Global: Overdone Credit Fears Create A Buying Opportunity (Upgrade) Realty Income, Apollo form $1B joint venture for retail properties Intercontinental Exchange launches private credit intelligence service in partnership with Apollo
UBS Group AG Chief Executive Officer Sergio Ermotti said the Iran war could force him to pare back spending, although it won’t fundamentally alter the bank’s overall strategy. While Ermotti answered “no” when asked in a Bloomberg TV interview in Beijing if the uncertainty created by the conflict will impact UBS’s expansion plans, he also said that “we may tactically have to slow down certain inves...
UBS Group AG Chief Executive Officer Sergio Ermotti said the Iran war could force him to pare back spending, although it won’t fundamentally alter the bank’s overall strategy. While Ermotti answered “no” when asked in a Bloomberg TV interview in Beijing if the uncertainty created by the conflict will impact UBS’s expansion plans, he also said that “we may tactically have to slow down certain investments.” He didn’t specify what that could entail. Global markets have been roiled by the Iran war, which has entered its fourth week. Rhetoric escalated during the weekend as President Donald Trump issued an ultimatum to Tehran to reopen the Strait of Hormuz — crucial for the flow of oil and gas from the Middle East. The Islamic Republic responded that any such attack would prompt it to shut the waterway indefinitely and target US and Israeli energy infrastructure across the region. A selloff in stocks, gold and bonds deepened on Monday. Read More: Stocks, Bonds Fall as US-Iran Rhetoric Intensifies: Markets Wrap Ermotti said in the interview that energy prices are likely to remain elevated as investors digest the impact of the Middle East conflict. He doesn’t yet see “any major shift in asset allocation” as result but said that “this pressure on the economy will start to weigh” on markets. UBS will continue to invest in “capabilities, in artificial intelligence to make our processes more efficient,” Ermotti also said. “We don’t really run the business on a stop-and-go” basis.
HOT TOPICS China reassures foreign enterprises on stability Premier Li Qiang told the China Development Forum Sunday that the country is committed to acting as a “cornerstone of certainty” and a “haven of stability” for the world, pledging to fully implement national treatment for foreign enterprises. He Lifeng meets foreign executives Vice Premier He Lifeng met with representatives of the U.S.-Ch...
HOT TOPICS China reassures foreign enterprises on stability Premier Li Qiang told the China Development Forum Sunday that the country is committed to acting as a “cornerstone of certainty” and a “haven of stability” for the world, pledging to fully implement national treatment for foreign enterprises. He Lifeng meets foreign executives Vice Premier He Lifeng met with representatives of the U.S.-China Business Council and executives from multinational corporations, including HSBC Holdings PLC, UBS Group AG, Louis Dreyfus Co. Ltd., Siemens Healthineers AG, Schneider Electric SE, Rio Tinto PLC, Prudential PLC, Investor AB, Standard Chartered PLC, Suzano SA and TCP Group. He expressed hope that U.S. companies would inject more stability into bilateral trade relations.