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gccqutpvv4jb
1 day ago
SPX Technologies, Inc. (NYSE:SPXC) announced on September 15 that it completed the acquisition of FIS Water, LLC for approximately $410 million in cash, including certain tax attributes. The acquired business is expected to generate approximately $105 million of revenue in 2026.
That is FIS Water's full-year revenue forecast; its contribution to consolidated 2026 results will reflect the ownership period. The stated cash consideration equals approximately 3.9 times expected annual revenue, making profitability and cash conversion central to the investment case.
FIS Water expands the products SPX Technologies, Inc. (NYSE:SPXC) can supply to cooling customers. Its filtration and flow-control products remove solids, maintain water quality, and regulate water movement in commercial and industrial cooling systems, including data centers.
The business has joined the HVAC segment, covering heating, ventilation and air conditioning, within its Cooling operations. Its products complement existing cooling-tower offerings, while its valves and actuators also fit the recently acquired Neptronic controls business.
The strategic attraction is customer overlap. Management identified shared customers, engineering specifications and sales channels, and plans to use its global distribution and equipment-manufacturer relationships to support growth.

#cooling #NYSE
slowly_cloud_qxfpgp
2 days ago
On August 10, Ferguson Enterprises Inc. (NYSE:FERG) reported results for the quarter ended June 30, and the numbers show a company growing straight through a soft housing market. Sales rose 4.6% to $8.8 billion, and management lifted its outlook for the full year. But profit grew more slowly than sales, and that gap is what makes this report worth a closer look.
The strongest engine was non-residential work, where US revenue jumped 8% on share gains in what management called a mixed market. Large capital projects are part of the story, with open order volumes growing and bidding activity strong, so there is a pipeline behind the current numbers. Housing, roughly half of revenue, is the weak spot. Yet residential sales still rose 2% in the US even though new construction is weak and repair work is soft, which means Ferguson is beating its markets rather than riding them.
Capital deployment is the second pillar. Ferguson closed five acquisitions in the quarter, and on July 13, it announced a deal for FWI Holdings, known as FloWorks, an industrial distributor of valves and flow-control products that is expected to close in the third quarter. The eight deals announced this year carry about $1.4 billion in annualized revenue, a second growth path alongside organic sales. Net debt sits at 1.3 times adjusted EBITDA, a level management calls strong. The company also returned cash, buying back $202 million of stock in the quarter and declaring a $0.89 dividend payable October 7 to holders of record on August 21. Management raised its full-year sales outlook to mid-single-digit growth, before counting FloWorks.
Start with the gap between sales and profit. Adjusted operating profit rose 2.9%, behind the 4.6% sales gain, and gross margin slipped 20 basis points to 31.0%. Ferguson notes that last year's gross margin was temporarily lifted by the timing of supplier price increases, which is fair context, but the direction is still down. Reported earnings per share of $3.43 rose 6.9%, while the adjusted figure of $3.39 grew a slower 5.3%.
Then there are the soft spots. About half of revenue comes from residential markets that management describes as subdued, so a 2% gain there is modest. Canada's sales slipped 1.9%, with a business divestment outweighing organic growth, and management calls the market there challenging, especially in residential. Management also describes the economic environment as uncertain, and the margin part of the guidance raise is small. The low end of the adjusted operating margin range moved from 9.4% to 9.5%, while the top stayed at 9.8%. The guidance also leaves out FloWorks, and net debt to adjusted EBITDA is 1.3 times, against 1.2 times a year ago.

#management
fetchstompsocketxiFD
4 days ago
On August 5, Kinetik Holdings Inc. (NYSE:KNTK) reported the strongest quarterly results in company history and raised its full-year 2026 guidance. The Permian-focused midstream operator posted net income, including noncontrolling interest, of $123.1 million for the quarter ended June 30, while Adjusted EBITDA climbed to $280.8 million. Management didn't stop at celebrating the number. It used the quarter as the launchpad for a string of expansion decisions that stretch out to 2028.
The Midstream Logistics segment, Kinetik's largest, grew Adjusted EBITDA 35% year over year to $204.8 million in the second quarter, even though processed natural gas volumes held flat at 1.74 Bcf/d. That flat number actually undersells the quarter. It came despite roughly 250 million cubic feet per day of gas that had been shut in because of weak Waha-area pricing, with stronger natural gas liquid recoveries, condensate yields, and favorable commodity spreads carrying the segment instead.
Management is betting the growth continues well past 2026. In May, Kinetik reached a final investment decision on Kings Landing II, a roughly $260 million project that will lift sour gas processing capacity across the company's Delaware North complex above 700 MMcf/d and push total system capacity to 2.7 Bcf/d when it comes online in mid-2028, earlier than previously communicated. The ECCC Pipeline, which links the system's northern and southern halves between Eddy and Culberson Counties, is now in service, and right-of-way work has already begun on a follow-on expansion for 2027.
Kinetik also locked in new firm Gulf Coast access for residue gas starting in 2027 and signed fresh natural gas liquids transport agreements, both aimed at getting better prices for the gas it moves. On the back of that momentum, Kinetik raised its full-year 2026 Adjusted EBITDA guidance to a range of $1.04 billion to $1.1 billion, a 7% ***** p from the guidance it issued in February.
Not every part of the business is moving in the same direction. The Pipeline Transportation segment posted Adjusted EBITDA of $83.0 million in the quarter, down 14% year over year, a decline the company attributes to last year's divestiture of its equity stake in EPIC Crude Holdings. That sale removed a source of cash flow the rest of the business now has to make up for. Kinetik also expects gas curtailments to keep running at an average of 25 million cubic feet per day through the second half of 2026, on top of the Waha-driven shut-ins that already weighed on the quarter. Its own pricing ***** umptions underline the regional problem: the company is now modeling Waha Hub natural gas at negative $0.26 per MMBtu for the full year, meaning gas in parts of the Permian is priced so low that moving it out of the basin is the whole game.

#quarter
Table_0242
6 days ago
On August 5, Kinetik Holdings Inc. (NYSE:KNTK) reported the strongest quarterly results in company history and raised its full-year 2026 guidance. The Permian-focused midstream operator posted net income, including noncontrolling interest, of $123.1 million for the quarter ended June 30, while Adjusted EBITDA climbed to $280.8 million. Management didn't stop at celebrating the number. It used the quarter as the launchpad for a string of expansion decisions that stretch out to 2028.
The Midstream Logistics segment, Kinetik's largest, grew Adjusted EBITDA 35% year over year to $204.8 million in the second quarter, even though processed natural gas volumes held flat at 1.74 Bcf/d. That flat number actually undersells the quarter. It came despite roughly 250 million cubic feet per day of gas that had been shut in because of weak Waha-area pricing, with stronger natural gas liquid recoveries, condensate yields, and favorable commodity spreads carrying the segment instead.
Management is betting the growth continues well past 2026. In May, Kinetik reached a final investment decision on Kings Landing II, a roughly $260 million project that will lift sour gas processing capacity across the company's Delaware North complex above 700 MMcf/d and push total system capacity to 2.7 Bcf/d when it comes online in mid-2028, earlier than previously communicated. The ECCC Pipeline, which links the system's northern and southern halves between Eddy and Culberson Counties, is now in service, and right-of-way work has already begun on a follow-on expansion for 2027.
Kinetik also locked in new firm Gulf Coast access for residue gas starting in 2027 and signed fresh natural gas liquids transport agreements, both aimed at getting better prices for the gas it moves. On the back of that momentum, Kinetik raised its full-year 2026 Adjusted EBITDA guidance to a range of $1.04 billion to $1.1 billion, a 7% ***** p from the guidance it issued in February.
Not every part of the business is moving in the same direction. The Pipeline Transportation segment posted Adjusted EBITDA of $83.0 million in the quarter, down 14% year over year, a decline the company attributes to last year's divestiture of its equity stake in EPIC Crude Holdings. That sale removed a source of cash flow the rest of the business now has to make up for. Kinetik also expects gas curtailments to keep running at an average of 25 million cubic feet per day through the second half of 2026, on top of the Waha-driven shut-ins that already weighed on the quarter. Its own pricing ***** umptions underline the regional problem: the company is now modeling Waha Hub natural gas at negative $0.26 per MMBtu for the full year, meaning gas in parts of the Permian is priced so low that moving it out of the basin is the whole game.

#natural
packet0914
7 days ago
As we have seen the past two years, a 12-team playoff is forgiving when it comes to early season losses. An early stumble does not have to result in panic as the expanded field allows for a mulligan or two – or three.
The above serves as ample reason as to why fans in Columbus and Eugene should turn the page and look ahead at what's next. While we are at it, what to make of a couple of other Big Ten teams after two weeks?
While Arch Manning rallied the Longhorns from a 23-3 deficit after three quarters to stun Ohio State and replace the Buckeyes atop the polls, Ryan Day's team is not about to disappear from the playoff conversation. There is much sting for sure in blowing a 20-point lead, but the larger picture is one that must be in focus because everything remains on the table.
Besides, fans in Columbus, perhaps more than any fan base in the country, know what it is like to have their team rebound following a most disappointing setback. See the 2024 loss against "The Team Up North" and what happened after that.
Those same fans likely desired to see their team keep its foot on the Longhorns' throat instead of letting up. Facing a fourth-and-four from the UT 39-yard line on the first series of the second half and with a 20-3 lead, Day elected to punt instead of attempting to keep the drive alive. The decision was made despite the outstanding first halves enjoyed by QB Julian Sayin (12-for-16, 192 yards) and receiver Jeremiah Smith (6-110). It is easy to Monday morning quarterback, though it is also easy to see the Buckeyes managed less 100 yards on only 22 plays the remainder of the game.

#fans #playoff #early
hyperhr
8 days ago
Kentucky football's first loss of the season was a tale of two halves. In the first half, they controlled the ball, forced turnovers, and limited the Alabama Crimson Tide's offense. In the second half, Alabama controlled the game, and pulled away for a 45-17 win over the Wildcats.
It was a closer game than the score indicates, and there were some promising things to take away from it, but a loss is a loss, and Kentucky's brutal schedule means they have to beat some of these good teams to even get to .500.
Most of the rest of the SEC had a successful Saturday to some degree. The conference is showing its strength so far, and it was reflected in the coaches poll, where nine SEC teams were in the top 25.
So how does Kentucky fit in this week's SEC power rankings? Here's the breakdown.
Last week: 15

#kentucky #game #crimson
qnkgsnwscyvxyz
9 days ago
A ~$1.7M portfolio split evenly between SCHD and JEPI targets $7,700/month using each fund's forward payout rate.
JEPI's monthly distributions have dropped sharply since 2022 as volatility fell, and recent payouts still vary from $0.34 to $0.45 per share.
Hold JEPI in an IRA and SCHD in a taxable account to maximize after-tax income from this two-fund strategy.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
A portfolio of roughly $1.7 million, split evenly between SCHD and JEPI, targets $7,700 a month in distributions using each fund's current forward payout rate. Two tickers, one brokerage screen, nothing to rebalance beyond keeping the halves even. For a reader who finds a seven-holding portfolio intimidating, that simplicity is genuinely appealing, and it deserves to be said before the caveats begin.

#targets
code
10 days ago
Matthew McConaughey and Camila Alves stepped out for a stylish date at the US Open on September 11.
The couple wore coordinated tailored looks for the outing.
McConaughey said that the tournament was "the place to be on the planet."
Matthew McConaughey and his wife Camila Alves have once again made a strong case for being two of the chicest tennis fans around. The 10 Things I Hate About You actor and his model and designer wife made an appearance at the US Open on September 11, sitting in the crowd for day 13 of the tennis tournament. The couple coordinated in complementary sleek tailored looks for their joint outing.
Matthew McConaughey and Camila Alves arrive at the US Open.
Credit: Getty

#mcconaughey #matthew #alves #coordinated
1rasocket
10 days ago
CANNONSBURG After ninety minutes of intense, goalless soccer, Boyd County coach Levi Pennington still needed five guys for an energized ending.
Ashland and the Lions battled to nil-nil after two halves and two overtime periods. Each player on the pitch had done their part to empower their team, but work remained to determine a victor.
Bracken Peters sent the closing delivery inside the left post and supplied the final point in kicks from the mark for a 1-0 victory over the Tomcats in a 63rd District seeding match Thursday.
"(Thursday night), the (shootout) lineup changed based on how the game was going," Boyd County coach Levi Pennington said, "with body language and players. I felt like some of our guys were more gassed than normal. I pushed them a little further down the list and let their legs get back under them. I told them it's nothing against you, but it's next man up right now."
Ashland's freshman keeper, Karson Freeman, denied Boyd County's first attempt to help the Tomcats grab a quick advantage in the shootout. The visitors' second try clanged off the crossbar, and Zeke Withrow calmly blasted the next shot through to the twine to tie the session.

#boyd #coach
3widget
11 days ago
Camila Cabello delivered a flirty take on preppy style while attending the Tommy Hilfiger Spring 2027 show during New York Fashion Week on September 10.
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Beyoncé celebrates 45th birthday in daring micro mini and nostalgic hair transformation

#cabello #flirty #style
shin3_kernel_6iny
11 days ago
Camila Alves McConaughey is having a stylish New York moment. The Brazilian model and entrepreneur stepped out in two dramatically different looks in the span of 24 hours, moving effortlessly from relaxed menswear-inspired tailoring to romantic bohemian glamour.
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Camila Alves embraces effortless glamour and coordinated looks on romantic Rome night with Matthew McConaughey
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Camila Alves and Matthew McConaughey have spiritually uplifting experience after meeting Pope Leo during Vatican visit

#matthew #brazilian
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nmb0f
11 days ago
The Baltimore Ravens are preparing for an Indianapolis Colts roster that underwent meaningful changes on both sides of the ball. Indianapolis retained Daniel Jones as its starting quarterback and added veteran wide receiver Keenan Allen to a passing game featuring Alec Pierce, Josh Downs, and Tyler Warren. Allen gives Jones an experienced route runner who can create separation on third down and in the red zone. The Colts also reshaped portions of their offensive line. Tanor Bortolini is listed as the starting center, with Matt Goncalves at right guard and Jalen Travis at right tackle. Quenton Nelson and Bernhard Raimann provide continuity on the left side, but Baltimore can test the newer combinations with its rebuilt defensive front.
Indianapolis made its most significant defensive investment in the secondary. Sauce Gardner joins Charvarius Ward at cornerback, giving the Colts two accomplished players capable of challenging Zay Flowers, Rashod Bateman, and Baltimore's other receivers. Cam Bynum and rookie A.J. Haulcy are listed as the starting safeties.
Arden Key was added to a defensive line that already included DeForest Buckner, Grover Stewart and Laiatu Latu. That group should present an immediate test for a Ravens offensive line breaking in new starters at center and right guard.
The Colts' roster is deeper and more experienced in several critical areas. Baltimore still has advantages with Lamar Jackson and Derrick Henry, but Indianapolis possesses enough talent to make Jesse Minter's debut uncomfortable if the Ravens fail to establish control early.
This article originally appeared on Ravens Wire: How the Indianapolis Colts changed during the 2026 offseason

#colts #defensive
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v6JZ6w4vJ8
14 days ago
Queen Máxima of the Netherlands didn't just show up at a cattle farm in Veenhuizen this week — she turned it into a runway. Joining King Willem-Alexander for a visit to a dairy operation in the province of Drenthe, Máxima swapped her usual ****** nal of bold colors, oversized volumes and unexpected jewelry for something different: a distinctly autumnal palette. The effect landed somewhere between countryside and cinema — a queen in brown and burgundy, topped with a dramatically tilted wide-brimmed hat and tasseled earrings, standing among cows and calves.
Dutch King Willem-Alexander and Queen Maxima visit the Riedstra-Hoving Dairy Farm in Veenhuizen (@ ANP/AFP via Getty Images)
In true Máxima fashion, there was room for a laugh amid the pageantry. One of the farm's calves had been born just minutes before the royal couple arrived, and Máxima was given the honor of naming it. Her options: Wilhelmina or Máxima. "Then, Máxima," she said, laughing.
The queen's midi-length brown dress leaned into a silhouette tailor-made for the shift into fall weather. A round neckline left room for a subtle, elegant hint of décolletage, while the sleeves — constructed in small cape-like layers — gave the whole look a sense of movement with every step.
The most flattering detail sat at the waist, where gentle gathering pulled the fabric in just enough to define her shape before letting the skirt fall freely. The dress needed no further embellishment: between the sleeve volume and the cape's motion, it carried plenty of presence on its own.

#farm #brown
xtkzmjgytqsyb
17 days ago
Sunderland boss Regis le Bris, speaking to BBC Sport: "I was really happy and pleased with our first half. It was probably one of our best first halves in the Premier League so far because Brentford are a really good team at home. But you have to be clinical.
"We dominated the ball and had a good bit of possession. It's a bit of a shame to concede the goal when we di. But the lads stayed connected. It was good for the substitutes because when they came on they were good and gave us extra drive."
On Dan Ballard's disallowed goal: "It's always tough. We respect the decision."
On Wilson Isidor's contribution after coming on: "The depth of the squad is getting better, we can feel it. It is positive for the future."
On Kevin Danso's debut: "He brings authority and physicality. In this league, if you don't have this quality, it's hard to manage long **** ."

#goal #regis
fL5xPull
17 days ago
Model Emily Ratajkowski is taking fashion lovers back in time with a spectacular archival cover shoot. Starring on the cover of EE72 magazine's Fall 2026 issue, the supermodel embraced full '90s nostalgia. Styled by chief creative officer Edward Enninful, Emily wore legendary runway pieces straight from Vivienne Westwood's iconic Fall/Winter 1993 collection. Photographed by Craig McDean, her daring tartan ensemble proved that true vintage fashion never goes out of style.
For the dramatic "Made in the 90s" cover story, Emily stepped into a museum-worthy plaid creation. The colorful tartan micro minidress featured a dangerously high hemline that showcased her long legs. The outfit combined rich red, green, and blue tartan fabrics. It was artfully layered with a fuzzy wool wrap, a fitted waist belt, and pleated side panels. Across her hips, she wore a traditional fur-trimmed sporran bag hanging from a delicate silver chain.
Stylist Edward Enninful carefully curated every detail to match Westwood's famous punk-meets-royalty aesthetic. On her head, Emily wore a matching tartan beret topped with a dramatic sweeping feather. Down below, she wore bright, colorful argyle socks pulled up her calves. She paired the socks with sky-high black lace-up platform heels. In behind-the-scenes video footage, Enninful admired the rare footwear and hat, calling the entire look a true museum piece.
During the photoshoot, Emily posed against a bold red studio backdrop while photographer Craig McDean directed her movements. He guided her to place her hands firmly on her hips and turn into a dramatic side profile. Emily worked the camera effortlessly, bringing moody, smoldering energy to every frame.
Meanwhile, her beauty team created a quintessential '90s grunge-glam look. Hairstylist Karim Belghiran gave her textured, messy waves with long fringe bangs. Makeup artist ***** Page finished the look with intense plum-smoky eyeshadow, sharp eyeliner, and a nude lip. Ultimately, Emily Ratajkowski brought a legendary fashion moment back to life with unmatchable supermodel poise.

#ratajkowski
finchkerne013
17 days ago
On August 25, Qfin Holdings (NASDAQ:QFIN) reported second-quarter results that tell two very different stories at once. Total loan volume fell 25.1% year over year to RMB63,377 million, and non-GAAP net income dropped to RMB454.9 million from RMB946 million just one quarter earlier. Non-GAAP earnings per diluted ADS sank to RMB3.72 from RMB7.70. But buried in the same release, revenue from the company's technology solutions business jumped more than sixfold, and management laid out plans to turn Qfin into what it calls an AI-native lender. Investors have to weigh both halves of that picture.
The clearest growth story sits inside Qfin's tech solutions arm. Loan volume tied to that unit hit RMB10.5 billion for the quarter, up 515% from a year earlier, while the outstanding balance climbed to roughly RMB16.1 billion, up 313%. Through its FocusPRO platform, Qfin now helps banks serve borrowers priced between 3% and 12%, a segment its own consumer lending rarely touches. During the quarter, the company signed two new AI agent projects with banking partners, one built to support loan officers from lead identification through conversion, the other aimed at SME credit review and approval. CEO Wu Haisheng framed the effort as an organizational shift, saying it is "about turning individual and team experience into shared reusable organizational capabilities."
Risk metrics also moved in the right direction during the quarter itself. The 30-day collection rate rose to 88.1%, up 2.3 percentage points sequentially, while the C-M2 delinquency ratio fell 17% sequentially to 0.66%, nearing year-ago levels. The 90-day delinquency rate dropped to 2.83% from 3.5%. On the funding side, ABS issuance jumped 90% sequentially to RMB5.5 billion while issuance costs fell roughly 20 basis points, and overall funding costs eased about 10 basis points as the company leaned on a track record of stable ******* et performance. Qfin also paid a semiannual dividend of $0.46 per ADS, a payout ratio near 30%, and had repurchased $7 million of stock before pausing the buyback program.
Every one of those quarterly improvements sits next to a much rougher backdrop. Sales and marketing spending fell 13% sequentially as Qfin pulled back on growth, and new credit line users fell to 830,000, down from 1.19 million a quarter earlier. New loan provisions hit RMB1.72 billion, a booking ratio of 5.36%, the highest on record. A one-off RMB500 million tax expense tied to a change in tax treatment pushed the effective tax rate to 60.3%, though management expects it to settle near 20% going forward.

#earlier
flipo
18 days ago
Aberdeen manager Stephen Robinson says it would be "crazy" to judge his new-look side so early in the Scottish Premiership season.
The Dons have been dealt a tough hand in their opening quartet of league fixtures, a sequence that included games against the top three teams from last term – Celtic, Hearts and Rangers.
After beating Hearts in their opening game, the Dons lost at Dundee before sustaining defeats by both halves of the Old Firm.
Speaking before Saturday's league visit of Kilmarnock, Robinson said: "There are very, very few games been played in the season so far, so to be that judgemental that early on is crazy.
"I will judge the team when we are 15 games in and then what we need and where we go from there.

#hearts #season #opening #league
pyta_merge_wild_hype
19 days ago
Didn't have much to do in the first half but did what needed to be done without fuss and was only slightly busier in the second half, again just dealing with what needed to be dealt with without fuss.
Pereira was forced into a save in the 54th minute after Wing was caught flat-footed and not defending the edge of the box. Pereira immediately pounced on the rebound but wasn't able to fully claim it/deal with it while under pressure from the Mansfield attacker; he was somewhat fortunate that he won a foul from this.
A good claim in the 70th minute from a high ball was his only other notable contribution, outside of making a couple of routine stops in both halves.
Dokes just did what Dokes does – for the most part he was defensively diligent and made a nuisance of himself further up the pitch on the overlap.
Provided only one standout moment, but it did feel like it changed the game for Reading. Reading were in a 20-minute period of struggling to contain the Mansfield threat, so Dokes took it into his own hands to make a good run forward in the 34th minute which led to an unfortunately poor cross.

#minute #only #pereira #reading
hixet_xzocu_sco_ha_k
20 days ago
The closing match of the 25th round of Brazil's Série B, between Londrina and Juventude, on Tuesday night (the 1st), ended goalless. With the result, the team from Rio Grande do Sul now has 46 points. It leads the competition, followed by Vila Nova (44).
Londrina wasted the chance to play at home, at Vitorino Gonçalves Dias, to try to improve its position in the standings. The team is 18th, with 22 points, seven points behind Avaí, the first side outside the relegation zone.
The 2026 Série B has a new feature. At the end of the first and second halves of the season, the two teams with the most points are promoted directly to the 2027 Série A. The teams finishing in 3rd, 4th, 5th, and 6th place will play playoffs to fill the other two promotion spots.
Check out the results of the 25th round:
Goiás 2 x 1 São Bernardo;

#points
8y3is
20 days ago
MD Sass, a boutique ****** et management firm, published its second-quarter investor update for its flagship, the "MD Sass Concentrated Value Strategy." The letter can be downloaded here. In the first half of 2026, AI infrastructure stocks led the market, with the Russell 1000 Value increasing by 16.3%, outpacing the S&P 500 (10.2%) and Russell 1000 Growth (5.3%). This growth was fueled by semiconductor, memory, and hardware companies benefiting from AI development, even though they are considered cyclical. These sectors, representing only 7.7% of the Russell 1000 Value at the start of the year, contributed nearly 70% of its returns. The portfolio gained 10.0% in the second quarter, net of fees, compared to 13.9% for the Russell 1000 Value Index. Year-to-date, the strategy returned 6.6%, net of fees, versus 16.3% for the Index. The portfolio faced challenges due to limited exposure to companies with the greatest upside from AI infrastructure investments. It also lacked exposure to the Energy sector, which returned about 20% in the first half amid geopolitical tensions with Iran that increased commodity prices, affecting performance. The firm recognizes the importance of adapting its strategies while maintaining core investment principles as it explores future opportunities in emerging technological themes. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, MD Sass Concentrated Value Strategy highlighted Flowserve Corporation (NYSE:FLS). Flowserve Corporation (NYSE:FLS) is an industrial company that focuses on industrial flow management equipment. On August 28, 2026, Flowserve Corporation (NYSE:FLS) closed at $80.33 per share. The one-month return of Flowserve Corporation (NYSE:FLS) was 4.95%, and its shares gained 49.70% over the past 52 weeks. Flowserve Corporation (NYSE:FLS) has a market capitalization of $10.21 billion.
MD Sass Concentrated Value Strategy stated the following regarding Flowserve Corporation (NYSE:FLS) in its Q2 2026 investor letter:
"We initiated a position in Flowserve Corporation (NYSE:FLS), a global leader in pumps, valves, seals, and other flow control equipment used across energy, power generation, chemicals, water, and general industrial markets. The company operates through its Pumps and Flow Control divisions and benefits from a large installed base that generates recurring, high-margin aftermarket revenue. Over the past several years, management has materially improved the quality of the business through more selective bidding, portfolio rationalization, and its 80/20 operating framework. Adjusted operating margins reached 14.8% in 2025, up 300 bps from the prior year, and management is targeting approximately 20% by 2030.
While continued margin expansion and aftermarket growth support the investment case, the crux of our thesis is nuclear power. FLS is one of the leading suppliers of highly engineered pumps and valves used in nuclear reactors. These
xbi_cqegi_xku894
21 days ago
On paper, it looked like a big advantage that the Atlanta Braves got to play the makeup game for a June 18 rainout at the end of August. The San Francisco Giants would have to wait 10 weeks, fly across the country ahead of a six-game road trip, and trade away six veterans in the interim before facing a division-leading team on a seven-game win streak.
But waiting meant the Braves had to face a trio of rookies that weren't on the roster three weeks ago. Monday night, Sluggin' Jonah **** , Nate "The Great" Furman, and Turner "King Of The" Hill rained on the Braves parade with three runs, five fits, and four RBIs in a 7-3 win. Their sad fans were Tomahawk-chopping their umbrellas as they walk out of the stadium in despair.
This means that, perhaps unofficially, the Giants have finally swept a series in 2026. And it only took them until the last day of August! Their rainy visit to Hotlanta Wetlanta in June saw one game cancelled and another postponed after a two-hour rain delay, but the Giants won both halves of an improvised doubleheader on the one day with ded=cent weather. This means the Giants technically have swept a series this season, won a series on the road in the process and are currently on a three-series unbeaten streak.
Former Brave Anthony Molina (2-0), acquired in the deadline deal for Tyler Mahle, won his second game in seven days by giving up three runs in five innings in his first start of the season and the third of his career. He struck out five straight Braves between the 3rd and 4th innings and escaped the 5th after giving up four hits but only one run, and leaving with the game tied 3-3.
The Giants broke things open in the top of the 6th thanks to Osleivis Basabe and a trio of rookies. Basabe led off the inning with his 4th home run of the season, bouncing it off the top of the center field wall just above the Papa John's sign, which should probably earn him some free terrible pizza, right?

#five
mergenj
21 days ago
On Sunday, offensive tackle Luke Tenuta was on the Indianapolis Colts' initial 53-man roster. On Monday afternoon, he was released to make room for defensive back Kapena Gushiken, who was claimed on waivers.
Then on Monday evening, Tenuta was signed to the Colts' practice squad.
Tenuta was in line to be the Colts' swing tackle off the bench on the 53-man roster, and he still very well could be.
As of now, there are only eight offensive linemen on the active roster, and the next man up currently behind Bernhard Raimann and Jalen Travis may very well be Matt Goncalves -- the team's starting right guard.
Unless an addition is made between now and Week 1, Tenuta is a primed practice squad elevation to provide tackle depth. Practice squad players can be elevated up to three times over the course of a season.

#tackle #squad #well
nmb0f
23 days ago
After the Men's First Team's 2-0 win over Parma on Matchday 2 of the 2026/27 Serie A season, coach Luciano Spalletti, Guglielmo Vicario, and Nico Gonzalez shared their thoughts.
"I really liked how we played, both in the first and second halves. We weren't great at finding the right ******* e for triangles to get shots off, and then we were a little disorganised in the box. We put in a lot of crosses without finding that decisive play. But, we played well and with a clear objective, with quality in our play, and constant pressure that let us spend a lot of time in their half. Of course, you need to find that decisiveness as well, you need to anticipate, and to have the quality to capitalise on the work done. We probably weren't precise enough to trouble them more, but we created a lot of chances.
"[Randal] Kolo Muani can play on his own or with a strike partner. He's quick, skilled, and has a lot of quality. He needs to be more ruthless in certain situations because he has everything it takes to make a difference. He knows how to create ******* e for himself and I think, in all, he played well today."
"I was feeling a lot, as I've already said it's a dream that's being realised for me. Now we need to go again with enthusiasm, humility and balance. It's a good night for me, and for the team. Winning is never a given, it's what we work for, but we have to respect our opponent and they're always tough, so this win today was earned. We'll be back to work tomorrow [Sunday], so there's no time to rest on our laurels. We'll be back to work right away with next Sunday in mind."
"I'm happy for the team, we've been working well all week as well. We prepared well for today. I'm happy for the fans, and because I scored and we won."

#play
amaifbqjktkcre
24 days ago
Crocs, Pokemon cards and kendamas never go out of style in Hawaii. And neither does the Warriors' four-wide offense, In video sessions with offensive newcomers, receivers coach Jared Ursua shows old footage of the Warriors' passing game. "We've been doing this since January," Ursua said of clips of former UH QBs Dan Robinson, Nick Rolovich, Timmy Chang, Colt Brennan, Bryant Moniz and Cole McDonald. "We are who we are, we do what we do, and this system has always worked." QB1 Micah Alejado has been starring in recent remakes, deciphering defenses ahead of the snap, releasing passes within 2.2 seconds, and throwing to targeted areas on the receivers' routes. "Micah's a special quarterback," said Chang, the UH head coach who calls the offensive plays. "He understands our offense, and he understands what teams are trying to do against us." Ursua has implored the receivers to read the coverages correctly "so Micah can throw at a high level based on our indicators, which is what the run-and-shoot is based off." Alejado has shown toughness, playing through injuries to his right ankle last season. He did not participate in contact drills ahead of the Hawaii Bowl, during which he completed 69.6% of his throws for 274 yards and three TDs. Last season, the Warriors scored on 46.1% of Alejado's full drives. Slotbacks Blaze Kamoku, Tama Uiliata, Audric Harris, Kainoa "Kaikai" Carvalho, ******* an Lacaden and Koa Eldredge are reliable inside receivers. Devin Alves, Tre' Griffiths and Carson Brown are tall and fast wideouts. With running back Landon Sims' graduation, Cam Barfield will get the bulk of the reps. Barfield did not fumble while averaging 9.1 touches as a running back, receiver and returner. Left tackle Boogie Henderson's emergence enabled Dean Briski to move to the right side. At 6-6 and 345 pounds, Oregon transfer Lipe Moala is mobile on pulls.
Three years ago, in his first season as UH's defensive coordinator, Dennis Thurman kept intact the 4-2-5 scheme the Warriors ran under Corey Batoon in 2019 and Jacob Yoro in 2023. In 2024, Thurman incorporated some of the attacking schemes he used when he was an ******* istant coach with the Baltimore Ravens and DC with the New York Jets and Buffalo Bills. "Once we clicked his second year, he let it all loose," mike linebacker Wynden Ho'ohuli said of Thurman. Kona Moore, who has overcome a variety of injuries, and Matagi Thompson are succeeding safeties Peter Manuma and Kilinahe Mendiola-Jensen. "Main focus is staying healthy," said Moore, who relies on stretching as part of his prehab. Ho'ohuli and Jamih Otis have switched linebacker jobs. Ho'ohuli is now the middle, often working in tandem with nickelback Elijah Palmer. As the renamed dime linebacker, Otis often has isolation ******* ignments, which enable him to use his speed in the flats and to break off for direct aim at running backs. Ho'ohuli and Otis will take turns as play-callers. The Warriors will miss Jackie Johnson III's pass rushing, but Leste
2z7iyfz9lv2m17g
28 days ago
Former Cardiff City forward Nathan Blake believes the Bluebirds are right not to rush into the market for a centre-back despite their defensive injury crisis.
Cardiff were without a senior option at centre-back for Saturday's 2-2 draw at Derby County, and could be in a similar boat when they host Norwich in the Carabao Cup on Tuesday.
Dylan Lawlor, Calum Chambers, Will Fish and Gabriel Osho are all out injured, but Blake feels his old side should still exercise caution on the transfer front.
"I understand if they do [sign someone], but I would also understand if they were slightly reluctant, because once everyone is fit, you're back to having five or six centre-halves," he said on the BBC's Feast of Football podcast.
[Huw Evans Picture Agency]

#cardiff #bluebirds
ySbqa_lerzs_ix
28 days ago
Botafogo lost to Athletico-PR 3-2 on Monday night (24) in a match valid for the 24th round of the Brazilian Championship. Alvinegro's two goals were scored by Santi Rodríguez in the 39th and 46th minutes of the second half.
Botafogo's next match is on Sunday (30), at 4:00 p.m., against Flamengo, in the 25th round of the Brasileirão, at the Maracanã.
MATCH DETAILS:
Date and Time: 08/24/2026 (Monday), at 8:00 p.m. Venue: Nilton Santos Stadium
Referee: André Luiz Skettino Policarpo Bento (MG) **** istant 1: Leone Carvalho Rocha (GO) **** istant 2: Joverton Wesley de Souza Lima (RO) 4th official: João Paulo Cunha Ribeiro (GO) VAR: Pablo Ramon Gonçalves Pinheiro (RN)

#Monday #assistant #round #rodr
05125Plxt
1 month ago
LANCASTER – It was a tale of two halves for the Lancaster football team in their season opener against visiting Hilliard Darby.
The Golden Gales were impressive in the first half, especially on defense, shutting out the Panthers to take a 9-0 halftime lead. However, the Gales' inability to move the ball with consistency in the second half proved to be their downfall. As a result, Lancaster's defense was on the floor more than it should have been, and Darby took advantage.
The Panthers rattled off 20 unanswered points in the second half. The Gales kept fighting and scored with 3:40 remaining to cut the margin to a one-score game, but it wasn't enough as the Panthers hung on for a 20- 15 nonconference victory on Friday, Aug. 21 at Fulton Field.
More: Starving for success, Lancaster set to usher in the McKinney era
Lancaster certainly played well enough to win, and it was one of those games where they had to feel like they let slip away. The glaring stat was that Darby ran 59 offensive plays compared to just 41 for the Gales.

#darby #second
l5d3b
1 month ago
A comedian has said "it's bonkers" to have scooped the top prize for the cheesiest joke of the year at his first Edinburgh Festival Fringe.
Fil Milton runs the Make The Ferret Mad Again comedy nights at The Ferret in Preston, Lancashire.
He said he has been doing stand-up for four years after being inspired by Mark Simmons' one-liners at the Fringe in 2021.
Milton's winning joke was: "My brother convinced me to go halves on a used funeral car - I can't believe I was so easily co-hearsed."
Milton said the "easy bit" about comedy was "standing in front of people" but the hard part was "writing good material".

#comedy
u9rwy796
1 month ago
We asked for your views after Celtic took a firm grip of their Champions League play-off with a 3-0 first-leg win over LASK at Parkhead.
Here are some of your comments:
Gavin: Superb going forward, solid in midfield but far too open at the back. We need more back-up and we will need to score in the away game. Overall they are a new team starting to knit together.
Brandon: Easily one of the best European nights in a while at Celtic Park, what an atmosphere!
Gordy: Fantastic performance and result, still a bit lax in defence at times but we are starting to build an exciting team. Camilo Duran stole the show with his goals and display, but the performance of Kasper Hogh was vital as he was the link from defence to attack and kept both centre-halves busy all night. Hopefully get the job done next week and then a few more signings, magnificent European night.

#team #starting #champions
stomp
1 month ago
Consensus takes the multiple down by nearly a third in two years, and what a holder actually earns depends on what the market keeps paying.
Autodesk (ADSK) stock trades at about $251.66, down 12.3% over the past twelve months. On the last twelve months of adjusted earnings that is still about 25.7 times earnings. The forward multiples cut that hard, and most of the cutting is already visible in the company's own numbers.
Where That Multiple Goes If The Earnings Arrive
On the earnings **** ysts expect for fiscal 2027, today's price is about 19.6 times earnings; on the earnings expected for fiscal 2028, that same price is about 17.6 times. That is a 31% lower multiple than the trailing figure, as consensus earnings grow into the price. One caveat: the trailing multiple sits on normalized net income with stock-based compensation added back, meant to land near the **** yst-consensus basis rather than match it, so part of the fall is basis, not earnings, and for an acquisition-heavy company that part can be most of it.
Why Consensus Nearly Halves Revenue Growth Without Anything Going Wrong

#consensus #down #Stock

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