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Schafer Cullen Capital Management, LLC (SCCM) disclosed in its third-quarter investor letter that it fully divested its stake in Unisys Corporation during the three-month period ended 30 September 2025. The decision affects the firm’s Small Cap Value Equity Strategy, which targets companies with market capitalizations generally below the traditional mid-cap threshold. According to the communication […]
Washington, D.C. — Two West Virginia National Guard soldiers remain in critical condition after a gunman opened fire on their unit near the Farragut West Metro station, only a few blocks from the White House, on Wednesday afternoon, authorities said. Metropolitan Police Department officials reported that the shooting occurred at approximately 2:15 p.m. on Nov. […]
Saba Capital Management, the New York hedge fund led by activist investor Boaz Weinstein, has called for the removal of every director at Edinburgh Worldwide Investment Trust (EWIT), a London-listed vehicle managed by Baillie Gifford that targets smaller technology and innovation-driven companies. In a letter sent on Thursday to the trust’s board, Weinstein argued that […]
U.S. Treasury Secretary Scott Bessent said the Federal Reserve’s current method for steering short-term interest rates is under pressure and should be made less complex. Speaking in a televised interview on Tuesday, November 25, 2025, Bessent argued that the central bank’s “ample-reserves” approach is showing signs of stress and may no longer provide the stability policymakers […]
European equities are expected to open without a clear direction on Thursday, with investors pausing after a broad rally and monitoring signals on the regional and global economic outlook. Flat to modest gains projected at the open Index futures compiled by IG indicate a mostly unchanged start for the region’s main bourses. London’s FTSE 100 […]
A 19-year-old college student who arrived in the United States as a child was removed to Honduras last week even after a federal judge expressly prohibited her deportation, according to her attorney and court filings. Any Lucia Lopez Belloza, a sophomore at an undisclosed U.S. university, was taken into custody at Boston Logan International Airport […]
The disclosure of unredacted names in documents tied to Jeffrey Epstein has prompted attorneys for several alleged victims to ask a federal judge to impose stricter safeguards on the U.S. Department of Justice (DOJ) before additional records are released. In a letter filed late Wednesday with U.S. District Judge Richard Berman, lawyers Bradley Edwards and […]
Profits at large Chinese industrial enterprises contracted 5.5% year over year in October, the National Bureau of Statistics reported on Thursday, wiping out the strong rebound seen a month earlier and underscoring persistent challenges for the manufacturing sector. The October decline represents the steepest monthly drop since June and contrasts sharply with September’s 21.6% surge, […]
Austin, Texas — The share price trajectory of Dell Technologies Inc. continues to draw attention as the company advances a business model reshaped by a decade of structural changes and large-scale acquisitions. After spending 25 years as a public entity, the computer maker exited the market in October 2013, re-emerged through the acquisition of EMC […]
Two members of the National Guard were critically wounded Wednesday afternoon in an apparent targeted attack at the entrance of the Farragut West Metro station, just blocks from the White House, according to law-enforcement officials. A lone male suspect was taken into custody after being shot by officers who responded to the scene. The incident […]
Two members of the West Virginia National Guard were shot and critically injured Wednesday afternoon only blocks from the White House, prompting a swift security response and a temporary lockdown of the executive mansion, authorities said. The victims, identified by officials only as a female soldier and a male soldier, were struck shortly after 2:20 […]
Shares of Workday fell almost 8% on Wednesday after the human-resources and financial-management software provider offered only a marginal increase to its full-year subscription revenue forecast, prompting several Wall Street firms to adjust their price targets. The company now expects $8.83 billion in subscription revenue for the fiscal year ending in January 2026. The figure represents 14.4% […]