18 days ago
As The Stein Line first reported last Sunday, however, Orlando's Anthony Black is not expected to join that group after scant discussion between the sides to this point. The Magic remain big fans of the 22-year-old and don't want to trade him, league sources say, but Orlando also knows that its payroll can't withstand another pricey long-term deal with Paolo Banchero, Franz Wagner, Jalen Suggs and Desmond Bane all on long-term pacts and each of them making between $32.4 million (Suggs) and $41.8 million (Wagner) this season.
This article originally appeared on Hoops Hype: Orlando doesn't want to trade Anthony Black
#term
This article originally appeared on Hoops Hype: Orlando doesn't want to trade Anthony Black
#term
18 days ago
Serious unrest has rocked Olympique de Marseille. The French club's official store, located in the heart of the city, has been violently looted and vandalized amid a wave of street disturbances. The incident has left the club facing significant financial losses and sent shockwaves through French football.
The incident began when an unknown number of ******* ailants forced their way into the club's store. Once inside, they ransacked the premises: official shirts, training gear and various other merchandise disappeared from the displays within minutes, prompting a swift police response.
According to a statement, after ******* sing the scale of the raid, local authorities sealed off the store to begin investigating the scene and collecting evidence. The club, meanwhile, has been forced to order the temporary suspension of in-store sales until safe conditions can be restored.
Olympique de Marseille's board has issued a statement unequivocally condemning these acts of vandalism, stressing that surveillance footage has already been handed over to police to identify those responsible. Club sources emphasize that this attack does not tarnish the fans' commitment or the club's image.
Police investigators are keeping all lines of inquiry open, and arrests are expected in the coming hours following a review of the footage. The store will remain closed to the public indefinitely while repairs are carried out and a final ******* sment is made of the financial damage suffered by the club.
#official #forced
The incident began when an unknown number of ******* ailants forced their way into the club's store. Once inside, they ransacked the premises: official shirts, training gear and various other merchandise disappeared from the displays within minutes, prompting a swift police response.
According to a statement, after ******* sing the scale of the raid, local authorities sealed off the store to begin investigating the scene and collecting evidence. The club, meanwhile, has been forced to order the temporary suspension of in-store sales until safe conditions can be restored.
Olympique de Marseille's board has issued a statement unequivocally condemning these acts of vandalism, stressing that surveillance footage has already been handed over to police to identify those responsible. Club sources emphasize that this attack does not tarnish the fans' commitment or the club's image.
Police investigators are keeping all lines of inquiry open, and arrests are expected in the coming hours following a review of the footage. The store will remain closed to the public indefinitely while repairs are carried out and a final ******* sment is made of the financial damage suffered by the club.
#official #forced
2 months ago
Huntington Bancshares Incorporated (NASDAQ:HBAN) dropped 5.55% to $15.82 on September 16, 2026, close to its 52-week low. The price movement was triggered by a profit warning at a Barclays conference. Huntington brought down its 2027 EPS guidance from above $1.90 to the range of $1.75-$1.83, and its 2026 net interest income growth from 39%-43% to roughly 35%. What matters more than these numbers is the reason behind them. Deposit costs are rising, and loan pricing is tightening, and it landed on the day the Fed delivered its first interest rate hike since 2023. The drop therefore raises the question: is this an oversold bank or the opening crack in regional-bank margins?
A well-run bank has just lowered its guidance, citing intense competition for deposits and loans. If Huntington feels the margin pressure, then it is likely that its peers feel the same. This explains why Fifth Third shares slid 4.1% on the same afternoon alongside the whole financials group. The Fed's new hike makes the environment more unfavorable for the group in the near term. While rate increases eventually lift ***** et yields, banks must immediately offer higher deposit yields to retain balances, squeezing net interest margins in the near term. Furthermore, accelerated commercial real estate loan payoffs reduced total earning ***** ets, though these early payoffs lower credit risk on the loan book.
The selloff leans too much into the reset. A move to $1.75-$1.83 from above $1.90 is a modest single-digit trim. Huntington sustains its profit as well as its operational performance. Loans reached $189 billion from $50 billion in 2015. Deposits touched $222 billion. And one of the company's biggest growth engines, value-added fee income, compounded at a 14% annual rate since mid-2024, with year-to-date growth near 32%. The income helps offset a notable portion of the spread pressure and offers a competitive edge against pure spread lenders.
A higher-for-longer rate environment carries trade-offs for commercial banks. It drives up deposit expenses, reflecting the margin pressure Huntington reported. It also expands loan yields as credit ***** ets reprice. Deposit beta determines the net effect by measuring how much of each benchmark rate increase the bank transfers to depositors. After the rate hikes, deposit costs typically rise further, so betting on a near-term peak takes some faith. A lower beta allows fee revenue to support earnings, whereas a higher beta keeps the squeeze sustained over multiple quarters.
#bank #interest #Growth
A well-run bank has just lowered its guidance, citing intense competition for deposits and loans. If Huntington feels the margin pressure, then it is likely that its peers feel the same. This explains why Fifth Third shares slid 4.1% on the same afternoon alongside the whole financials group. The Fed's new hike makes the environment more unfavorable for the group in the near term. While rate increases eventually lift ***** et yields, banks must immediately offer higher deposit yields to retain balances, squeezing net interest margins in the near term. Furthermore, accelerated commercial real estate loan payoffs reduced total earning ***** ets, though these early payoffs lower credit risk on the loan book.
The selloff leans too much into the reset. A move to $1.75-$1.83 from above $1.90 is a modest single-digit trim. Huntington sustains its profit as well as its operational performance. Loans reached $189 billion from $50 billion in 2015. Deposits touched $222 billion. And one of the company's biggest growth engines, value-added fee income, compounded at a 14% annual rate since mid-2024, with year-to-date growth near 32%. The income helps offset a notable portion of the spread pressure and offers a competitive edge against pure spread lenders.
A higher-for-longer rate environment carries trade-offs for commercial banks. It drives up deposit expenses, reflecting the margin pressure Huntington reported. It also expands loan yields as credit ***** ets reprice. Deposit beta determines the net effect by measuring how much of each benchmark rate increase the bank transfers to depositors. After the rate hikes, deposit costs typically rise further, so betting on a near-term peak takes some faith. A lower beta allows fee revenue to support earnings, whereas a higher beta keeps the squeeze sustained over multiple quarters.
#bank #interest #Growth
2 months ago
Recent initial public offering NB Bancorp (NBBK) is the IPO Stock Of The Week as it attempts to find support at a key level and with the stock within striking distance of a new buy point. This regional banking name also sits on Investor's Business Daily's IPO Leaders screen.
Massachusetts-based NB Bancorp is the holding company for Needham Bank, which was founded in 1892.
On July 22, NB Bancorp said its earnings growth accelerated to 33% in the second quarter, up from 9% in the first quarter. That was fueled by net interest margin expansion to 4% along with solid loan and deposit growth. Revenue jumped 46% from the year-ago period, to $74.7 million.
For the third quarter, ***** ysts expect NB Bancorp to earn 59 cents per share on revenue of $77.3 million. Those are respective year-over-year increases of 30% and 49%. Also, third-quarter earnings come due in late October.
And for the full year, Wall Street expects the banking leader to earn $2.14 per share, a 25% year-over-year increase. ***** ysts see further growth of 22% in 2027, according to IBD MarketSurge.
#revenue
Massachusetts-based NB Bancorp is the holding company for Needham Bank, which was founded in 1892.
On July 22, NB Bancorp said its earnings growth accelerated to 33% in the second quarter, up from 9% in the first quarter. That was fueled by net interest margin expansion to 4% along with solid loan and deposit growth. Revenue jumped 46% from the year-ago period, to $74.7 million.
For the third quarter, ***** ysts expect NB Bancorp to earn 59 cents per share on revenue of $77.3 million. Those are respective year-over-year increases of 30% and 49%. Also, third-quarter earnings come due in late October.
And for the full year, Wall Street expects the banking leader to earn $2.14 per share, a 25% year-over-year increase. ***** ysts see further growth of 22% in 2027, according to IBD MarketSurge.
#revenue
2 months ago
Financial services company Enova International (NYSE: ENVA) seemed headed for the investor doghouse late Thursday. The company, which focuses on lending to underserved individuals and small businesses, withdrew its applications for banking licenses.
As investors considered this a defeat for the company, they promptly and vigorously sold the stock. As of Thursday evening, according to data compiled by S&P Global Market Intelligence, its price had fallen by nearly 20% week to date.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In December 2025, Enova announced it had signed a definitive agreement to acquire Grasshopper Bancorp, the holding company for a Federal Deposit Insurance Corporation (FDIC)-insured online lender Grasshopper Bank. Around that time, Enova submitted a clutch of applications to federal and state authorities for it to provide banking services as Grasshopper's would-be owner.
Enova said the decision was in the best interests of the company and its investors. It cited a lack of clarity in the authorization process as a roadblock for its ambition.
#signal
As investors considered this a defeat for the company, they promptly and vigorously sold the stock. As of Thursday evening, according to data compiled by S&P Global Market Intelligence, its price had fallen by nearly 20% week to date.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In December 2025, Enova announced it had signed a definitive agreement to acquire Grasshopper Bancorp, the holding company for a Federal Deposit Insurance Corporation (FDIC)-insured online lender Grasshopper Bank. Around that time, Enova submitted a clutch of applications to federal and state authorities for it to provide banking services as Grasshopper's would-be owner.
Enova said the decision was in the best interests of the company and its investors. It cited a lack of clarity in the authorization process as a roadblock for its ambition.
#signal
2 months ago
Sept 16 (Reuters) - Top U.S. banks raised their prime lending rate on Wednesday after the Federal Reserve lifted its benchmark interest rate, a move that would increase borrowing costs for consumers and businesses with loans.
Following the Fed's first rate hike since 2023, the prime rate of JPMorgan , Bank of America, Citigroup, Wells Fargo, KeyCorp, Huntington Bancshares, Fifth Third Bancorp and Truist Financial from Thursday will rise to 7% from 6.75%.
The Fed raised rates by a quarter of a percentage point on Wednesday and flagged further increases in borrowing costs in the coming months as policymakers focus on addressing persistent inflation.
Shares of big banks ended lower amid broader weakness in U.S. stocks. BofA closed down 2.7%, Citi 2.4%, Wells Fargo 3%, and JPMorgan 1%. Morgan Stanley slipped 1.9% and Goldman Sachs fell 4%.
The prime rate, which follows the federal funds rate, is used by U.S. banks as a reference for setting rates on many financial products such as credit cards and personal loans.
#prime #jpmorgan #raised
Following the Fed's first rate hike since 2023, the prime rate of JPMorgan , Bank of America, Citigroup, Wells Fargo, KeyCorp, Huntington Bancshares, Fifth Third Bancorp and Truist Financial from Thursday will rise to 7% from 6.75%.
The Fed raised rates by a quarter of a percentage point on Wednesday and flagged further increases in borrowing costs in the coming months as policymakers focus on addressing persistent inflation.
Shares of big banks ended lower amid broader weakness in U.S. stocks. BofA closed down 2.7%, Citi 2.4%, Wells Fargo 3%, and JPMorgan 1%. Morgan Stanley slipped 1.9% and Goldman Sachs fell 4%.
The prime rate, which follows the federal funds rate, is used by U.S. banks as a reference for setting rates on many financial products such as credit cards and personal loans.
#prime #jpmorgan #raised
2 months ago
Interested in Truist Financial Corporation? Here are five stocks we like better.
Truist will sell its $5.5 billion near-prime auto loan portfolio and exit its Regional Acceptance Corporation business, which was roughly break-even despite high loan yields. The transaction is expected to modestly improve earnings, tangible book value and credit metrics.
The bank reaffirmed its financial outlook, including third-quarter net interest income growth of about 1.5%, full-year growth of 1% to 1.5%, and its $5 billion share-repurchase plan. The sale is expected to generate approximately $950 million in capital but reduce net interest margin by 4 to 5 basis points.
New CEO Mike Lyons is accelerating a broader portfolio and capital-allocation review, with Truist emphasizing relationship banking, deposits, commercial lending, payments, wealth management and potentially credit cards, mortgages and home equity lending.
Smart Money Shifts: U.S. Bancorp Pairs Tech With Yield
#truist #financial #loan #credit
Truist will sell its $5.5 billion near-prime auto loan portfolio and exit its Regional Acceptance Corporation business, which was roughly break-even despite high loan yields. The transaction is expected to modestly improve earnings, tangible book value and credit metrics.
The bank reaffirmed its financial outlook, including third-quarter net interest income growth of about 1.5%, full-year growth of 1% to 1.5%, and its $5 billion share-repurchase plan. The sale is expected to generate approximately $950 million in capital but reduce net interest margin by 4 to 5 basis points.
New CEO Mike Lyons is accelerating a broader portfolio and capital-allocation review, with Truist emphasizing relationship banking, deposits, commercial lending, payments, wealth management and potentially credit cards, mortgages and home equity lending.
Smart Money Shifts: U.S. Bancorp Pairs Tech With Yield
#truist #financial #loan #credit
2 months ago
Enova International Inc (NYSE:ENVA) withdrew regulatory applications for its planned Grasshopper Bancorp acquisition on Tuesday, sending shares sharply lower despite reaffirmed growth forecasts and plans for faster buybacks.
Shares fell 25% to $169.50 following the company's acquisition update.
The technology and ******* ytics company pulled applications with the Office of the Comptroller of the Currency and the Federal Reserve after reviewing the transaction and bank approval process.
CEO Steve Cunningham said withdrawing the applications was the best choice for Enova and its shareholders, adding that the company can keep growing without becoming a bank.
He argued that banking rules have not kept pace with the credit needs of consumers and small businesses that banks do not adequately serve.
#acquisition #bank #international
Shares fell 25% to $169.50 following the company's acquisition update.
The technology and ******* ytics company pulled applications with the Office of the Comptroller of the Currency and the Federal Reserve after reviewing the transaction and bank approval process.
CEO Steve Cunningham said withdrawing the applications was the best choice for Enova and its shareholders, adding that the company can keep growing without becoming a bank.
He argued that banking rules have not kept pace with the credit needs of consumers and small businesses that banks do not adequately serve.
#acquisition #bank #international
2 months ago
With a market cap of $49.3 billion, Fifth Third Bancorp (FITB) provides a broad range of financial products and services through its principal subsidiary, Fifth Third Bank, National **** ociation. The company operates across three segments: Commercial Banking; Consumer and Small Business Banking; and Wealth and **** et Management, serving individuals, businesses, government entities, and institutional clients.
Companies valued at more than $10 billion are generally considered "large-cap" stocks, and Fifth Third Bancorp fits this criterion perfectly. The company offers services including lending, deposit products, wealth management, investment advisory, mortgage banking, and insurance solutions.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#Third #billion
Companies valued at more than $10 billion are generally considered "large-cap" stocks, and Fifth Third Bancorp fits this criterion perfectly. The company offers services including lending, deposit products, wealth management, investment advisory, mortgage banking, and insurance solutions.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#Third #billion
2 months ago
Broyhill **** et Management, a Charlotte-based firm, issued its second-quarter 2026 investor letter, which is available for download here. The Broyhill Equity Composite gained 8.8% in Q2, trailing the MSCI All Country World Index's 15.1% and the MSCI ACWI Value Index's 10.8%. For the first half, the Composite returned 2.3%, versus 11.5% for the Index. The letter highlights that a significant portion of the shortfall occurred in April due to market dynamics and geopolitical events, with tech, particularly semiconductors, driving recent gains. Broyhill notes its lack of direct semiconductor exposure but acknowledges potential interest in the sector if opportunities arise, maintaining its investment philosophy focused on capital protection in fragile market conditions. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Broyhill **** et Management highlighted First Citizens BancShares, Inc. (NASDAQ:FCNCA). First Citizens BancShares, Inc. (NASDAQ:FCNCA) operates as the holding company for First-Citizens Bank & Trust Company, providing retail and commercial banking services. On September 14, 2026, First Citizens BancShares, Inc. (NASDAQ:FCNCA) closed at $2,173.88 per share. Over the past month, First Citizens BancShares, Inc. (NASDAQ:FCNCA) declined 1.03%, but its shares are up 17.10% over the past year. First Citizens BancShares, Inc. (NASDAQ:FCNCA) has a market capitalization of $24.55 billion, and its stock has traded within a 52-week range of $1,623.76 to $2,296.30.
Broyhill **** et Management stated the following regarding First Citizens BancShares, Inc. (NASDAQ:FCNCA) in its Q2 2026 investor letter:
"First Citizens BancShares, Inc. (NASDAQ:FCNCA), initiated in June, is a well-run company which we believe to be undervalued and with catalysts on the horizon. The company has retired almost 20% of its Class A shares since July 2024, and inside its roughly $25 billion market capitalization sits a rail leasing fleet of approximately 128,000 cars valued by the market at bank multiples. Management has proven themselves highly competent and highly aligned with shareholders, with the Holding family in key executive positions, owning over 20% of the economics and controlling roughly half the vote through their Class B shares. Much of what we are waiting on has a date attached to it: two separations have completed, and Masco and First Citizens are retiring shares at a pace that improves per-share value whether or not the multiples change."
#fcnca #market
In its second-quarter 2026 investor letter, Broyhill **** et Management highlighted First Citizens BancShares, Inc. (NASDAQ:FCNCA). First Citizens BancShares, Inc. (NASDAQ:FCNCA) operates as the holding company for First-Citizens Bank & Trust Company, providing retail and commercial banking services. On September 14, 2026, First Citizens BancShares, Inc. (NASDAQ:FCNCA) closed at $2,173.88 per share. Over the past month, First Citizens BancShares, Inc. (NASDAQ:FCNCA) declined 1.03%, but its shares are up 17.10% over the past year. First Citizens BancShares, Inc. (NASDAQ:FCNCA) has a market capitalization of $24.55 billion, and its stock has traded within a 52-week range of $1,623.76 to $2,296.30.
Broyhill **** et Management stated the following regarding First Citizens BancShares, Inc. (NASDAQ:FCNCA) in its Q2 2026 investor letter:
"First Citizens BancShares, Inc. (NASDAQ:FCNCA), initiated in June, is a well-run company which we believe to be undervalued and with catalysts on the horizon. The company has retired almost 20% of its Class A shares since July 2024, and inside its roughly $25 billion market capitalization sits a rail leasing fleet of approximately 128,000 cars valued by the market at bank multiples. Management has proven themselves highly competent and highly aligned with shareholders, with the Holding family in key executive positions, owning over 20% of the economics and controlling roughly half the vote through their Class B shares. Much of what we are waiting on has a date attached to it: two separations have completed, and Masco and First Citizens are retiring shares at a pace that improves per-share value whether or not the multiples change."
#fcnca #market
2 months ago
KeyBanc targets $400 for MRVL, implying 83% upside, as the stock sits 34% below its 52-week high despite record Q2 revenue up 37% year-over-year.
A sector-wide AI chip selloff dragged Broadcom down 12% and NVIDIA down 6% over the past month, yet both still carry consensus upside above 54%.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Marvell Technology (NASDAQ:MRVL) currently trades at $218.82, well below the consensus 12-month ****** yst price target of $284.64. That gap implies roughly 30% upside to the average, but one outlier target from KeyBanc sits at $400, a call that would nearly double the stock and represents about 83% upside from here.
Marvell designs custom AI silicon and optical interconnect chips that hyperscalers stitch into their data center fabrics. The company's data center segment now accounts for 79% of total revenue, up from 74% a year ago, which is why Wall Street tracks every hyperscaler order like a leading indicator.
#sits
A sector-wide AI chip selloff dragged Broadcom down 12% and NVIDIA down 6% over the past month, yet both still carry consensus upside above 54%.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Marvell Technology (NASDAQ:MRVL) currently trades at $218.82, well below the consensus 12-month ****** yst price target of $284.64. That gap implies roughly 30% upside to the average, but one outlier target from KeyBanc sits at $400, a call that would nearly double the stock and represents about 83% upside from here.
Marvell designs custom AI silicon and optical interconnect chips that hyperscalers stitch into their data center fabrics. The company's data center segment now accounts for 79% of total revenue, up from 74% a year ago, which is why Wall Street tracks every hyperscaler order like a leading indicator.
#sits
2 months ago
With a market cap of $49.3 billion, Fifth Third Bancorp (FITB) provides a broad range of financial products and services through its principal subsidiary, Fifth Third Bank, National **** ociation. The company operates across three segments: Commercial Banking; Consumer and Small Business Banking; and Wealth and **** et Management, serving individuals, businesses, government entities, and institutional clients.
Companies valued at more than $10 billion are generally considered "large-cap" stocks, and Fifth Third Bancorp fits this criterion perfectly. The company offers services including lending, deposit products, wealth management, investment advisory, mortgage banking, and insurance solutions.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#management #billion #Services
Companies valued at more than $10 billion are generally considered "large-cap" stocks, and Fifth Third Bancorp fits this criterion perfectly. The company offers services including lending, deposit products, wealth management, investment advisory, mortgage banking, and insurance solutions.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#management #billion #Services
2 months ago
Broyhill ******* et Management, a Charlotte-based firm, issued its second-quarter 2026 investor letter, which is available for download here. The Broyhill Equity Composite gained 8.8% in Q2, trailing the MSCI All Country World Index's 15.1% and the MSCI ACWI Value Index's 10.8%. For the first half, the Composite returned 2.3%, versus 11.5% for the Index. The letter highlights that a significant portion of the shortfall occurred in April due to market dynamics and geopolitical events, with tech, particularly semiconductors, driving recent gains. Broyhill notes its lack of direct semiconductor exposure but acknowledges potential interest in the sector if opportunities arise, maintaining its investment philosophy focused on capital protection in fragile market conditions. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Broyhill ******* et Management highlighted First Citizens BancShares, Inc. (NASDAQ:FCNCA). First Citizens BancShares, Inc. (NASDAQ:FCNCA) operates as the holding company for First-Citizens Bank & Trust Company, providing retail and commercial banking services. On September 14, 2026, First Citizens BancShares, Inc. (NASDAQ:FCNCA) closed at $2,173.88 per share. Over the past month, First Citizens BancShares, Inc. (NASDAQ:FCNCA) declined 1.03%, but its shares are up 17.10% over the past year. First Citizens BancShares, Inc. (NASDAQ:FCNCA) has a market capitalization of $24.55 billion, and its stock has traded within a 52-week range of $1,623.76 to $2,296.30.
Broyhill ******* et Management stated the following regarding First Citizens BancShares, Inc. (NASDAQ:FCNCA) in its Q2 2026 investor letter:
"First Citizens BancShares, Inc. (NASDAQ:FCNCA), initiated in June, is a well-run company which we believe to be undervalued and with catalysts on the horizon. The company has retired almost 20% of its Class A shares since July 2024, and inside its roughly $25 billion market capitalization sits a rail leasing fleet of approximately 128,000 cars valued by the market at bank multiples. Management has proven themselves highly competent and highly aligned with shareholders, with the Holding family in key executive positions, owning over 20% of the economics and controlling roughly half the vote through their Class B shares. Much of what we are waiting on has a date attached to it: two separations have completed, and Masco and First Citizens are retiring shares at a pace that improves per-share value whether or not the multiples change."
#first #fcnca
In its second-quarter 2026 investor letter, Broyhill ******* et Management highlighted First Citizens BancShares, Inc. (NASDAQ:FCNCA). First Citizens BancShares, Inc. (NASDAQ:FCNCA) operates as the holding company for First-Citizens Bank & Trust Company, providing retail and commercial banking services. On September 14, 2026, First Citizens BancShares, Inc. (NASDAQ:FCNCA) closed at $2,173.88 per share. Over the past month, First Citizens BancShares, Inc. (NASDAQ:FCNCA) declined 1.03%, but its shares are up 17.10% over the past year. First Citizens BancShares, Inc. (NASDAQ:FCNCA) has a market capitalization of $24.55 billion, and its stock has traded within a 52-week range of $1,623.76 to $2,296.30.
Broyhill ******* et Management stated the following regarding First Citizens BancShares, Inc. (NASDAQ:FCNCA) in its Q2 2026 investor letter:
"First Citizens BancShares, Inc. (NASDAQ:FCNCA), initiated in June, is a well-run company which we believe to be undervalued and with catalysts on the horizon. The company has retired almost 20% of its Class A shares since July 2024, and inside its roughly $25 billion market capitalization sits a rail leasing fleet of approximately 128,000 cars valued by the market at bank multiples. Management has proven themselves highly competent and highly aligned with shareholders, with the Holding family in key executive positions, owning over 20% of the economics and controlling roughly half the vote through their Class B shares. Much of what we are waiting on has a date attached to it: two separations have completed, and Masco and First Citizens are retiring shares at a pace that improves per-share value whether or not the multiples change."
#first #fcnca
2 months ago
KeyBanc targets $400 for MRVL, implying 83% upside, as the stock sits 34% below its 52-week high despite record Q2 revenue up 37% year-over-year.
A sector-wide AI chip selloff dragged Broadcom down 12% and NVIDIA down 6% over the past month, yet both still carry consensus upside above 54%.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Marvell Technology (NASDAQ:MRVL) currently trades at $218.82, well below the consensus 12-month ****** yst price target of $284.64. That gap implies roughly 30% upside to the average, but one outlier target from KeyBanc sits at $400, a call that would nearly double the stock and represents about 83% upside from here.
Marvell designs custom AI silicon and optical interconnect chips that hyperscalers stitch into their data center fabrics. The company's data center segment now accounts for 79% of total revenue, up from 74% a year ago, which is why Wall Street tracks every hyperscaler order like a leading indicator.
#marvell #below
A sector-wide AI chip selloff dragged Broadcom down 12% and NVIDIA down 6% over the past month, yet both still carry consensus upside above 54%.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Marvell Technology (NASDAQ:MRVL) currently trades at $218.82, well below the consensus 12-month ****** yst price target of $284.64. That gap implies roughly 30% upside to the average, but one outlier target from KeyBanc sits at $400, a call that would nearly double the stock and represents about 83% upside from here.
Marvell designs custom AI silicon and optical interconnect chips that hyperscalers stitch into their data center fabrics. The company's data center segment now accounts for 79% of total revenue, up from 74% a year ago, which is why Wall Street tracks every hyperscaler order like a leading indicator.
#marvell #below
2 months ago
U.S. Bancorp (NYSE:USB) has raised its quarterly dividend by 3.8% to $0.54 per share. That brings the annualized payout at $2.16 and the yield at 3.5%.
For income-focused investors, the increase adds to the bank's appeal. But the more important point is what supports the higher payout.
U.S. Bancorp enters the second half of 2026 on firm footing. The bank's latest results show accelerating earnings, strong loan growth, and a solid capital position.
U.S. Bancorp (NYSE:USB)'s revenue increased 10% YoY in Q2 to a record $7.7 billion. Net interest margin jumped to 2.79%, up from 2.66% a year ago. That helped push the net income attributable to the bank up 20% to $2.18 billion. Diluted EPS rose 21.6% to $1.35.
The bank's balance sheet also continued to expand. Average loans increased 7.1% to $405.5 billion, supported by strong commercial, commercial real estate and credit card lending activity. Average deposits increased 2.4% to $515.1 billion, providing low-cost funding for the loan growth.
#Growth
For income-focused investors, the increase adds to the bank's appeal. But the more important point is what supports the higher payout.
U.S. Bancorp enters the second half of 2026 on firm footing. The bank's latest results show accelerating earnings, strong loan growth, and a solid capital position.
U.S. Bancorp (NYSE:USB)'s revenue increased 10% YoY in Q2 to a record $7.7 billion. Net interest margin jumped to 2.79%, up from 2.66% a year ago. That helped push the net income attributable to the bank up 20% to $2.18 billion. Diluted EPS rose 21.6% to $1.35.
The bank's balance sheet also continued to expand. Average loans increased 7.1% to $405.5 billion, supported by strong commercial, commercial real estate and credit card lending activity. Average deposits increased 2.4% to $515.1 billion, providing low-cost funding for the loan growth.
#Growth
2 months ago
SAO PAULO (AP) — Brazilian presidential candidate Sen. Flávio Bolsonaro is under investigation for corruption, money laundering and tax evasion for receiving millions of dollars from a disgraced banker to finance a movie about his father, former President Jair Bolsonaro.
Brazil's top court unsealed several documents late Thursday that show Sen. Bolsonaro, President Luiz Inácio Lula da Silva's primary opponent, is under investigation for receiving 61 million reais ($12 million) from a banker at the center of a corruption scandal to produce an unreleased movie ******* led "The Dark Horse."
The investigation, which centers on whether the Bolsonaro family misused the funds and whether the payments were properly reported to Brazilian authorities, threatens to undermine Sen. Bolsonaro's bid for the presidency. The first round of elections is slated for Oct. 4, and the senator is locked in a tight race with Lula.
The banker, Daniel Vorcaro, who was arrested in March, is accused of defrauding many of Banco Master's 800,000 clients, including several state government pension funds, out of hundreds of millions of dollars by convincing them to make questionable investments. The scandal has engulfed several high-ranking officials in Brazil.
The allegations first became public in May. Sen. Bolsonaro has denied any wrongdoing and said Friday during a campaign event in the Amazonian city of Manaus that he was seeking private investment for the movie.
#bolsonaro #brazilian #president #receiving
Brazil's top court unsealed several documents late Thursday that show Sen. Bolsonaro, President Luiz Inácio Lula da Silva's primary opponent, is under investigation for receiving 61 million reais ($12 million) from a banker at the center of a corruption scandal to produce an unreleased movie ******* led "The Dark Horse."
The investigation, which centers on whether the Bolsonaro family misused the funds and whether the payments were properly reported to Brazilian authorities, threatens to undermine Sen. Bolsonaro's bid for the presidency. The first round of elections is slated for Oct. 4, and the senator is locked in a tight race with Lula.
The banker, Daniel Vorcaro, who was arrested in March, is accused of defrauding many of Banco Master's 800,000 clients, including several state government pension funds, out of hundreds of millions of dollars by convincing them to make questionable investments. The scandal has engulfed several high-ranking officials in Brazil.
The allegations first became public in May. Sen. Bolsonaro has denied any wrongdoing and said Friday during a campaign event in the Amazonian city of Manaus that he was seeking private investment for the movie.
#bolsonaro #brazilian #president #receiving
2 months ago
First Citizens BancShares, Inc. (NASDAQ:FCNCA), through its First-Citizens Bank & Trust Company subsidiary, completed the acquisition of 138 BMO Bank N.A. branches on September 4. The locations span 11 states across the Midwest, Great Plains and West.
The completion announcement did not disclose final transferred balances. At the announcement, First Citizens BancShares, Inc. (NASDAQ:FCNCA) expected to ****** ume approximately $5.7 billion of deposits and acquire $1.1 billion of loans. Its July 2026 update lowered those estimates to $5.3 billion and $700 million, respectively. Both estimates imply roughly $4.6 billion of net liquidity. That difference represents funding capacity, not transaction income, and remains subject to final balances and acquisition accounting.
The deposit franchise could be the transaction's most valuable ****** et. At announcement, the acquired deposits carried a weighted average rate of 1.43%, with 21% in noninterest-bearing demand accounts. First Citizens BancShares, Inc. (NASDAQ:FCNCA) reported a 2.07% average total deposit cost in the second quarter of 2026. Retaining the acquired accounts near their original pricing could lower the consolidated funding cost.
The 138 branches also establish or deepen a presence across 11 states. The original transaction presentation identified approximately $1.0 billion of wealth ****** ets under management, creating opportunities to cross-sell commercial lending, treasury services, and wealth products. Retaining branch personnel could help preserve local relationships.
First Citizens BancShares, Inc. (NASDAQ:FCNCA) can deploy the surplus funding in several ways. As of June 30, 2026, the company held $151.03 billion of loans and $32.19 billion of borrowings, including a $28.42 billion purchase money note owed to the Federal Deposit Insurance Corporation. The acquired liquidity could support loan growth, replace more expensive funding, or be invested in securities. The original presentation projected immediate earnings-per-share accretion and an approximately 27-basis-point reduction in the Common Equity Tier 1 capital ratio.
#billion #first #citizens
The completion announcement did not disclose final transferred balances. At the announcement, First Citizens BancShares, Inc. (NASDAQ:FCNCA) expected to ****** ume approximately $5.7 billion of deposits and acquire $1.1 billion of loans. Its July 2026 update lowered those estimates to $5.3 billion and $700 million, respectively. Both estimates imply roughly $4.6 billion of net liquidity. That difference represents funding capacity, not transaction income, and remains subject to final balances and acquisition accounting.
The deposit franchise could be the transaction's most valuable ****** et. At announcement, the acquired deposits carried a weighted average rate of 1.43%, with 21% in noninterest-bearing demand accounts. First Citizens BancShares, Inc. (NASDAQ:FCNCA) reported a 2.07% average total deposit cost in the second quarter of 2026. Retaining the acquired accounts near their original pricing could lower the consolidated funding cost.
The 138 branches also establish or deepen a presence across 11 states. The original transaction presentation identified approximately $1.0 billion of wealth ****** ets under management, creating opportunities to cross-sell commercial lending, treasury services, and wealth products. Retaining branch personnel could help preserve local relationships.
First Citizens BancShares, Inc. (NASDAQ:FCNCA) can deploy the surplus funding in several ways. As of June 30, 2026, the company held $151.03 billion of loans and $32.19 billion of borrowings, including a $28.42 billion purchase money note owed to the Federal Deposit Insurance Corporation. The acquired liquidity could support loan growth, replace more expensive funding, or be invested in securities. The original presentation projected immediate earnings-per-share accretion and an approximately 27-basis-point reduction in the Common Equity Tier 1 capital ratio.
#billion #first #citizens
2 months ago
A federal appeals court ruled that a Texas woman can't sue two Santa Fe police officers who pinned her face down on a fire ant hill while she was handcuffed, causing her to receive hundreds of painful bites to her face.
In an August 6 opinion, a three-judge panel of the U.S. Court of Appeals for the 5th Circuit reversed a lower court decision allowing Taylor Rogers' lawsuit against the City of Santa Fe and the two officers to move forward. Instead, the panel held that the officers were shielded from her claims under the doctrine of qualified immunity.
In a press conference last Friday, Rogers' attorney, Randy Kallinen, criticized the ruling.
"The United States 5th Circuit Court of Appeals is out of touch with the Constitution and the public, granting police immunity in the most egregious of cases," Kallinen said. "The people need to elect officials who will nominate and affirm judges loyal to the Constitution."
Kallinen told The Daily News that he has requested an en banc hearing for the full 15-member 5th Circuit to review the case, and he'll petition the Supreme Court for review if that fails.
#kallinen #santa #constitution #police
In an August 6 opinion, a three-judge panel of the U.S. Court of Appeals for the 5th Circuit reversed a lower court decision allowing Taylor Rogers' lawsuit against the City of Santa Fe and the two officers to move forward. Instead, the panel held that the officers were shielded from her claims under the doctrine of qualified immunity.
In a press conference last Friday, Rogers' attorney, Randy Kallinen, criticized the ruling.
"The United States 5th Circuit Court of Appeals is out of touch with the Constitution and the public, granting police immunity in the most egregious of cases," Kallinen said. "The people need to elect officials who will nominate and affirm judges loyal to the Constitution."
Kallinen told The Daily News that he has requested an en banc hearing for the full 15-member 5th Circuit to review the case, and he'll petition the Supreme Court for review if that fails.
#kallinen #santa #constitution #police
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2 months ago
By Mike Stone, Erin Banco and David Jeans
WASHINGTON/NEW YORK, Sept 4 (Reuters) - The White House has reviewed candidates to potentially replace Deputy Secretary of Defense Steve Feinberg, three people familiar with the discussions told Reuters, a sign that more leadership change could come for a Pentagon already facing unusually high staff turnover.
The effort, which was under way in June, has included conversations with senior lawmakers in the Senate about whether the administration's picks would have enough support to be confirmed, said two of the people, one of whom added that the review was still going on as of late August. Reuters could not determine when the White House began considering candidates.
The three sources said no decision had been made to remove Feinberg from his post. They did not say why the White House was reviewing potential replacements and did not specify which candidates the White House was considering.
"These so-called anonymous 'sources' have no idea what they are talking about," said White House spokeswoman Anna Kelly.
#white
WASHINGTON/NEW YORK, Sept 4 (Reuters) - The White House has reviewed candidates to potentially replace Deputy Secretary of Defense Steve Feinberg, three people familiar with the discussions told Reuters, a sign that more leadership change could come for a Pentagon already facing unusually high staff turnover.
The effort, which was under way in June, has included conversations with senior lawmakers in the Senate about whether the administration's picks would have enough support to be confirmed, said two of the people, one of whom added that the review was still going on as of late August. Reuters could not determine when the White House began considering candidates.
The three sources said no decision had been made to remove Feinberg from his post. They did not say why the White House was reviewing potential replacements and did not specify which candidates the White House was considering.
"These so-called anonymous 'sources' have no idea what they are talking about," said White House spokeswoman Anna Kelly.
#white
2 months ago
Donald Scott Rogerson, a Director at Equity Bancshares(NYSE:EQBK), purchased 2,000 shares of the company's Class A common stock on Aug. 21, 2026, according to a SEC Form 4 filing.
Metric
Value
Transaction value
$100,000
#Equity #bancshares
Metric
Value
Transaction value
$100,000
#Equity #bancshares
2 months ago
A court date for Green Bay Packers running back Josh Jacobs has been moved up to Sept. 10, according to online court records.
Jacobs, who is charged with misdemeanor counts of battery and criminal damage to property, was originally scheduled for an initial appearance on Nov. 17. That is the week of the Packers' bye.
Instead, he will make his first court appearance at 11 a.m. Sept. 10 in Brown County Circuit Court in Green Bay.
The charges stem from an incident on May 23 in Hobart. According to the criminal complaint filed Aug. 27:
Hobart-Lawrence Police Department officers at 8:37 a.m. May 23 responded to a Hobart home belonging to Jacobs for a reported disturbance between Jacobs and his girlfriend. Both Jacobs and the woman were not at the residence when officers first arrived.
#court #sept #criminal
Jacobs, who is charged with misdemeanor counts of battery and criminal damage to property, was originally scheduled for an initial appearance on Nov. 17. That is the week of the Packers' bye.
Instead, he will make his first court appearance at 11 a.m. Sept. 10 in Brown County Circuit Court in Green Bay.
The charges stem from an incident on May 23 in Hobart. According to the criminal complaint filed Aug. 27:
Hobart-Lawrence Police Department officers at 8:37 a.m. May 23 responded to a Hobart home belonging to Jacobs for a reported disturbance between Jacobs and his girlfriend. Both Jacobs and the woman were not at the residence when officers first arrived.
#court #sept #criminal
2 months ago
A court date for Green Bay Packers running back Josh Jacobs has been moved up to Sept. 10, according to online court records.
Jacobs, who is charged with misdemeanor counts of battery and criminal damage to property, was originally scheduled for an initial appearance on Nov. 17. That is the week of the Packers' bye.
Instead, he will make his first court appearance at 11 a.m. Sept. 10 in Brown County Circuit Court in Green Bay.
The charges stem from an incident on May 23 in Hobart. According to the criminal complaint filed Aug. 27:
Hobart-Lawrence Police Department officers at 8:37 a.m. May 23 responded to a Hobart home belonging to Jacobs for a reported disturbance between Jacobs and his girlfriend. Both Jacobs and the woman were not at the residence when officers first arrived.
#green
Jacobs, who is charged with misdemeanor counts of battery and criminal damage to property, was originally scheduled for an initial appearance on Nov. 17. That is the week of the Packers' bye.
Instead, he will make his first court appearance at 11 a.m. Sept. 10 in Brown County Circuit Court in Green Bay.
The charges stem from an incident on May 23 in Hobart. According to the criminal complaint filed Aug. 27:
Hobart-Lawrence Police Department officers at 8:37 a.m. May 23 responded to a Hobart home belonging to Jacobs for a reported disturbance between Jacobs and his girlfriend. Both Jacobs and the woman were not at the residence when officers first arrived.
#green
2 months ago
TFC and USB pay the same $0.52 quarterly dividend, but TFC's has been frozen for 4 years while USB guides to another ~4% raise in Q3 2026.
Truist is returning over 100% of earnings to shareholders via a $5 billion buyback program, explicitly sidelining per-share dividend growth.
Just released. Our **** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
Two of America's largest regional banks just paid shareholders the exact same dividend. Truist Financial (NYSE:TFC) sent investors $0.52 per share on September 1, 2026, matching to the penny the $0.52 per share U.S. Bancorp (NYSE:USB) distributed on July 15, 2026. Identical payments, similar business models, same sector. The similarity ends there. One of these dividends is quietly accelerating. The other has been frozen for four years.
The starting point for any dividend comparison is yield, and here Truist wins on the surface. With shares trading at $50.74 and an annualized forward payout of $2.08, TFC yields roughly 4.1%. U.S. Bancorp, at $62.35 with the same $2.08 annualized, yields closer to 3.3%.
#Dividend #Share
Truist is returning over 100% of earnings to shareholders via a $5 billion buyback program, explicitly sidelining per-share dividend growth.
Just released. Our **** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
Two of America's largest regional banks just paid shareholders the exact same dividend. Truist Financial (NYSE:TFC) sent investors $0.52 per share on September 1, 2026, matching to the penny the $0.52 per share U.S. Bancorp (NYSE:USB) distributed on July 15, 2026. Identical payments, similar business models, same sector. The similarity ends there. One of these dividends is quietly accelerating. The other has been frozen for four years.
The starting point for any dividend comparison is yield, and here Truist wins on the surface. With shares trading at $50.74 and an annualized forward payout of $2.08, TFC yields roughly 4.1%. U.S. Bancorp, at $62.35 with the same $2.08 annualized, yields closer to 3.3%.
#Dividend #Share
2 months ago
As the 2026-27 NBA season approaches this fall, Bleacher Report released an interesting list, as they ranked the best players by each age. Unexpectedly, there were multiple Houston Rockets players who earned that distinction.
Beginning with the more surprising of the two, Amen Thompson was named as the league's best 23-year-old. Last season, Thompson took a huge jump, playing 79 games and averaging a career-high 18.3 points to go along with 7.8 rebounds, 5.3 ******* ists, 1.5 steals and 0.6 blocks. Although he was snubbed from an All-Defensive selection, Thompson did finish eighth in Defensive Player of Year Award voting. Other notable 23-year-olds that Thompson was selected over include Orlando Magic forward Paolo Banchero and Charlotte Hornets forward Brandon Miller.
As readers may have expected, Kevin Durant (age 37) was the other Rockets forward listed, as Alperen Sengun fell short to Detroit Pistons guard Cade Cunningham among players at the age of 24. A season ago, Durant averaged 26 points per game, tying him for 10th in the league. He also averaged 5.5 rebounds, 4.8 ******* ists, 0.8 steals and 0.9 blocks. James Harden, a former MVP in Houston, was the only other 37-year-old in the same realm as Durant, averaging 23.6 points and eight ******* ists between the Clippers and Cavaliers.
For more NBA content, check out the BasketBaltes podcast:
https://www.youtube.com/@B...
#year #durant #forward
Beginning with the more surprising of the two, Amen Thompson was named as the league's best 23-year-old. Last season, Thompson took a huge jump, playing 79 games and averaging a career-high 18.3 points to go along with 7.8 rebounds, 5.3 ******* ists, 1.5 steals and 0.6 blocks. Although he was snubbed from an All-Defensive selection, Thompson did finish eighth in Defensive Player of Year Award voting. Other notable 23-year-olds that Thompson was selected over include Orlando Magic forward Paolo Banchero and Charlotte Hornets forward Brandon Miller.
As readers may have expected, Kevin Durant (age 37) was the other Rockets forward listed, as Alperen Sengun fell short to Detroit Pistons guard Cade Cunningham among players at the age of 24. A season ago, Durant averaged 26 points per game, tying him for 10th in the league. He also averaged 5.5 rebounds, 4.8 ******* ists, 0.8 steals and 0.9 blocks. James Harden, a former MVP in Houston, was the only other 37-year-old in the same realm as Durant, averaging 23.6 points and eight ******* ists between the Clippers and Cavaliers.
For more NBA content, check out the BasketBaltes podcast:
https://www.youtube.com/@B...
#year #durant #forward
2 months ago
Famous Dex is once again behind bars, this time in Las Vegas on a domestic battery charge.
The Chicago rapper, whose legal name is Dexter Tiewon Gore Jr., was taken into custody Sunday, Aug. 23, and booked on the charge, according to TMZ. As of Tuesday (Aug. 25), he remained in custody at a Las Vegas jail.
The arrest marks a troubling reversal for an artist who had spoken publicly about getting his life in order. As recently as April 2023, Dex told TMZ he was 11 months sober and announced a collaborative album, Rich Forever 5, alongside Rich The Kid and Jay Critch.
The latest charge arrives years after a string of serious legal troubles in California. In late 2020, Dex allegedly physically harmed a woman in October of that year and was involved in a separate November incident in which police responding to a domestic disturbance found a woman with cuts and confronted Dex after he allegedly barricaded himself inside with firearms, prompting a SWAT standoff. Combined with the 2016 emergence of security footage reportedly showing him hitting his girlfriend in a hallway, the three incidents resulted in a total of 19 charges, including domestic violence and gun possession counts. The Los Angeles City Attorney's Office had indicated he faced up to 18 years in prison if convicted on all counts.
COMPLEX SHOP: Shop the brands you love, anytime and anywhere. Uncover what's next. Buy. Collect. Obsess.
#years #allegedly
The Chicago rapper, whose legal name is Dexter Tiewon Gore Jr., was taken into custody Sunday, Aug. 23, and booked on the charge, according to TMZ. As of Tuesday (Aug. 25), he remained in custody at a Las Vegas jail.
The arrest marks a troubling reversal for an artist who had spoken publicly about getting his life in order. As recently as April 2023, Dex told TMZ he was 11 months sober and announced a collaborative album, Rich Forever 5, alongside Rich The Kid and Jay Critch.
The latest charge arrives years after a string of serious legal troubles in California. In late 2020, Dex allegedly physically harmed a woman in October of that year and was involved in a separate November incident in which police responding to a domestic disturbance found a woman with cuts and confronted Dex after he allegedly barricaded himself inside with firearms, prompting a SWAT standoff. Combined with the 2016 emergence of security footage reportedly showing him hitting his girlfriend in a hallway, the three incidents resulted in a total of 19 charges, including domestic violence and gun possession counts. The Los Angeles City Attorney's Office had indicated he faced up to 18 years in prison if convicted on all counts.
COMPLEX SHOP: Shop the brands you love, anytime and anywhere. Uncover what's next. Buy. Collect. Obsess.
#years #allegedly
2 months ago
Celtic and Rangers have both been directed to stage their next home games in the Scottish Cup without spectators following last season's Old Firm quarter-final, which was marred by crowd disturbances.
The two clubs could face a second home game behind closed doors should there be another incident where either club's followers participate in "unacceptable conduct" during a Scottish Cup tie.
The sanction will likely take effect when both teams enter this season's Scottish Cup at the fourth-round stage, which is set for mid-January. Celtic and Rangers will each be required to pay £100,000 (just over $135,000) to the opponent they are paired with in that round, as per The Mirror.
Wayne Rooney urges Man United to sign ******* nal star and sends Marcus Rashford warning
UEFA Champions League 2026/27 draw results: Premier League teams learn opponents
#scottish #league #stage #firm
The two clubs could face a second home game behind closed doors should there be another incident where either club's followers participate in "unacceptable conduct" during a Scottish Cup tie.
The sanction will likely take effect when both teams enter this season's Scottish Cup at the fourth-round stage, which is set for mid-January. Celtic and Rangers will each be required to pay £100,000 (just over $135,000) to the opponent they are paired with in that round, as per The Mirror.
Wayne Rooney urges Man United to sign ******* nal star and sends Marcus Rashford warning
UEFA Champions League 2026/27 draw results: Premier League teams learn opponents
#scottish #league #stage #firm
2 months ago
On August 19, 2026, Moderna, Inc. (NASDAQ:MRNA) and Merck & Co., Inc. (NYSE:MRK) said that their personalized mRNA cancer vaccine, combined with Merck's Keytruda, met its main goals in a first-ever Phase 3 trial for melanoma. The news sent Moderna shares up as much as 177%, adding $44 billion to its market value, while Merck shares rose more than 12% to an all-time high.
This is the first personalized cancer vaccine to succeed at the late-stage trial level, a milestone Moderna has pursued for years after its Covid-19 vaccine business faded. The stock became the most shorted in the S&P 500.
Does this trial genuinely validate personalized cancer vaccines as a new class of medicine, or is the market's reaction running ahead of data the companies haven't even fully released yet?
Breakthrough Results vs. Unreleased Data: The Moderna Debate
The combination, involving Moderna, Inc. (NASDAQ:MRNA)'s vaccine intismeran autogene and Merck & Co., Inc. (NYSE:MRK)'s Keytruda, extended the time patients lived without their melanoma returning. It reduced the risk of cancer spreading, building on earlier data showing a 49% reduction in recurrence or death risk and a 59% reduction in distant metastasis risk compared with Keytruda alone. Moderna CEO Stéphane Bancel called it validation of "an entirely new class of medicine." TD Cowen ******* ysts called it "a landmark moment" and expect regulatory approval as soon as next year. Even after the surge, Moderna trades at less than a third of its 2021 peak. Rezilient Health's Dr. Danish Nagda argued the platform remains undervalued given the potential to extend the approach to other cancers.
#vaccine #personalized #trial
This is the first personalized cancer vaccine to succeed at the late-stage trial level, a milestone Moderna has pursued for years after its Covid-19 vaccine business faded. The stock became the most shorted in the S&P 500.
Does this trial genuinely validate personalized cancer vaccines as a new class of medicine, or is the market's reaction running ahead of data the companies haven't even fully released yet?
Breakthrough Results vs. Unreleased Data: The Moderna Debate
The combination, involving Moderna, Inc. (NASDAQ:MRNA)'s vaccine intismeran autogene and Merck & Co., Inc. (NYSE:MRK)'s Keytruda, extended the time patients lived without their melanoma returning. It reduced the risk of cancer spreading, building on earlier data showing a 49% reduction in recurrence or death risk and a 59% reduction in distant metastasis risk compared with Keytruda alone. Moderna CEO Stéphane Bancel called it validation of "an entirely new class of medicine." TD Cowen ******* ysts called it "a landmark moment" and expect regulatory approval as soon as next year. Even after the surge, Moderna trades at less than a third of its 2021 peak. Rezilient Health's Dr. Danish Nagda argued the platform remains undervalued given the potential to extend the approach to other cancers.
#vaccine #personalized #trial
2 months ago
The NBA is stacked with a whole generation of rising young stars, and Orlando Magic forward Paolo Banchero is one of them. In just four seasons with the Magic, he has proven himself as their most important player with a solid all-around game and consistent, mature leadership on the floor.
Despite his star status, Paolo has never been marketed or celebrated the same way as some of his peers, and we're finally understanding why. With a special mention to Zion Williamson and Cooper Flagg (fellow No. 1 overall picks), Banchero explained how the COVID-19 pandemic forever changed his standing across the league, and how it has yet to fully recover.
"Both of them (Zion and Flagg) are great players, and all the hype they get is very warranted. I think my situation was a lot different," said Paolo on 'Dawg Talk'. "I came up during COVID, and I think that had a big effect. I didn't get a senior year of High School, really. My whole senior year of High School was online. High School was shut down. No one from my class really got that hype. It was Chet and I really, but COVID kind of clouded all that. We didn't get a McDonald's All-American Game."
Paolo was part of the 2022 draft class, being selected with the first overall pick. Coming from Duke, public opinion was high on Banchero, but not nearly to the degree it usually is for No. 1 picks. Zion Williamson and Anthony Edwards, for example, were the top selections leading up to Paolo's class, and both were treated like future MVP candidates.
Paolo, too, might have gotten a similar treatment had the COVID shutdowns never transpired. His draft class was the most affected by the pandemic, having their senior year shut down and their college season headlined by a raging health crisis. Paolo never got to play in the famed All-American game, and it's just one of the many experiences he missed out on during his transition to the league.
#paolo #zion #game #never
Despite his star status, Paolo has never been marketed or celebrated the same way as some of his peers, and we're finally understanding why. With a special mention to Zion Williamson and Cooper Flagg (fellow No. 1 overall picks), Banchero explained how the COVID-19 pandemic forever changed his standing across the league, and how it has yet to fully recover.
"Both of them (Zion and Flagg) are great players, and all the hype they get is very warranted. I think my situation was a lot different," said Paolo on 'Dawg Talk'. "I came up during COVID, and I think that had a big effect. I didn't get a senior year of High School, really. My whole senior year of High School was online. High School was shut down. No one from my class really got that hype. It was Chet and I really, but COVID kind of clouded all that. We didn't get a McDonald's All-American Game."
Paolo was part of the 2022 draft class, being selected with the first overall pick. Coming from Duke, public opinion was high on Banchero, but not nearly to the degree it usually is for No. 1 picks. Zion Williamson and Anthony Edwards, for example, were the top selections leading up to Paolo's class, and both were treated like future MVP candidates.
Paolo, too, might have gotten a similar treatment had the COVID shutdowns never transpired. His draft class was the most affected by the pandemic, having their senior year shut down and their college season headlined by a raging health crisis. Paolo never got to play in the famed All-American game, and it's just one of the many experiences he missed out on during his transition to the league.
#paolo #zion #game #never
2 months ago
Green Bay Packers running back Josh Jacobs has been formally charged with two misdemeanors, court records show.
The charges – one for battery and the other for criminal damage to property – were filed via a complaint from Brown County District Attorney David L. Lasee on Thursday, Aug. 27. Both charges stem from Jacobs' arrest in Brown County, Wisconsin, on May 26 after an incident occurred on May 23.
"On May 23, 2026, at approximately 8:37 a.m., the Hobart-Lawrence Police Department was dispatched to a disturbance complaint involving Josh Jacobs," Hobart-Lawrence Police Chief Michael Renkas said in a statement on May 26.
JOSH JACOBS ARREST: Packers' RB faced multiple **** ault charges
#packers #brown
The charges – one for battery and the other for criminal damage to property – were filed via a complaint from Brown County District Attorney David L. Lasee on Thursday, Aug. 27. Both charges stem from Jacobs' arrest in Brown County, Wisconsin, on May 26 after an incident occurred on May 23.
"On May 23, 2026, at approximately 8:37 a.m., the Hobart-Lawrence Police Department was dispatched to a disturbance complaint involving Josh Jacobs," Hobart-Lawrence Police Chief Michael Renkas said in a statement on May 26.
JOSH JACOBS ARREST: Packers' RB faced multiple **** ault charges
#packers #brown
2 months ago
Canada-headquartered Revolve Renewable Power Corp., a North American owner, operator and developer of power generation and digital infrastructure projects, announced it has entered into a MXN$450 million ($24 million) project-level, non-recourse-style financing facility with Banco Multiva, S.A., Institución de Banca Múltiple, Grupo Financiero Multiva. The facility is secured by project cash flows and contracted revenues and is expected to support the continued expansion of Revolve's distributed generation business in Mexico while enabling the company to recycle capital from existing operating and construction-stage ****** ets into future growth opportunities.Concurrent with the signing of the facility, Revolve expects to complete an initial drawdown of about MXN$128.8 million ($7.7 million) backed by operating ****** ets and projects currently under construction. This drawdown is anticipated to refinance a portion of Revolve's investment in these ****** ets and return capital to the corporate level, while maintaining ownership of the underlying projects and their long-term contracted revenue streams.Tania Ontiveros, CFO of Revolve, stated that the financing with Banco Multiva is a significant milestone and validation of the company's growing distributed generation business in Mexico. She expressed gratitude to the Banco Multiva team for their work and vision. Ontiveros highlighted that the facility provides the $24 million in long-term project-level capital for growth, and the initial drawdown of $7.7 million demonstrates the effectiveness of Revolve's capital recycling strategy. This involves recovering invested capital from developed and constructed ****** ets while retaining ownership and future cash flows.Tamara Caballero, CEO of Banco Multiva, noted that this financing marks a significant milestone for Multiva in advancing energy projects and reinforces its ability to deliver long-term financing solutions. She added that the institution is proud to contribute to the sector's growth through investment-encouraging structures that support innovative companies and create sustainable value for Mexico.The Multiva Facility is structured as a 14-year project financing facility, providing Revolve with access to long-term, non-dilutive capital. This capital is intended for the construction of new distributed generation (DG) projects, refinancing of operating ****** ets, and expansion of its portfolio of commercial and industrial solar projects in Mexico. The facility is structured through Revolve's Mexican subsidiaries, EPM Solar, S.A. de C.V. and RRP Business Solutions, S.A. de C.V., and comprises two equal MXN$225 million ($13.3 million) tranches.Key terms of the credit facility include a total size of MXN$450 million ($24 million), a term of 168 months (14 years) from drawdown, and a 24-month availability period. The facility's purpose is project-level debt financing of up to 75% of eligible distributed generation project expenditures, including de
