Wealth Management Industry News
A collection of Wealth Management latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
VCI Wealth Management LLC Raises Holdings in NVIDIA Corporation $NVDA
VCI Wealth Management LLC lifted its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 12.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 106,965 shares of the computer hardware…
996 Meta Platforms, Inc. $META Shares Acquired by KFG Wealth Management LLC
KFG Wealth Management LLC increased its stake in Meta Platforms, Inc. (NASDAQ:META - Free Report) by 269.2% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,366 shares of the…
Morgan Stanley Joins NEXTPredict as Prediction Markets Bet on 'More Institutional' Play
Institutional interest in prediction markets has not been in doubt for a while. JPMorgan's Jamie Dimon told CBS in April that the bank was weighing an entry, while describing most of the activity as closer to gambling than investing and ruling out…
ADARx Pharmaceuticals Upsized IPO Priced at Top of Views
Shares of ADARx Pharmaceuticals are due to make their trading debut Friday after the clinical-stage biotechnology company's upsized initial public offering was priced at the high end of expectations, raising about $446.3 million. ADARx late…
Corecivic Shares Slip After CEO Resigns for Health Reasons
Shares of Corecivic fell after the company said its president and chief executive has resigned, citing health reasons. The stock slid 7.5%, to $31.79, on Friday. Despite the loss, shares are up nearly 67% year to date. The private prison operator…
AllianceBernstein Names Onur Erzan CEO as Seth Bernstein Retires
AllianceBernstein Holding's chief executive, Seth Bernstein, is retiring early next year after a decade at the helm of the investment manager. AllianceBernstein on Friday said Onur Erzan, who became president of the Nashville, Tenn., company in…
Staar Surgical Shares Rise on $50M Buyback Plans
Staar Surgical shares advanced Friday after the company said its board authorized a $50 million share-buyback program. The vision-correction solutions company said the decision was based on the board's confidence in its business progress, as well…
Largo Shares Slide on Pricing of $5.7 Million Offering
Largo shares were sharply lower Friday after the company priced its $5.7 million offering below recent trading prices. Shares fell 24% in Toronto to 74 Canadian cents (52 cents) and 25% in New York to 51 cents. The vanadium producer on Friday said…
GCM Grosvenor, Hyperion Team Up on Fund Targeting Grocery Real Estate
GCM Grosvenor and Hyperion Realty Capital are teaming up, with plans to own a portfolio of shopping centers anchored by grocery stores across the western U.S. GCM Grosvenor, an asset manager specializing in middle market real estate, will kick off…
National Bank of Canada Board Authorizes Buyback of 2.6% of Public Float
National Bank of Canada intends to launch a share-repurchase program to buy back up to 2.6% of its shares for cancellation. The Canadian lender on Friday said that its board has authorized a normal course issuer bid to buy back up to 10 million…
CoreCivic President, CEO Patrick Swindle Resigns for Health Reasons
CoreCivic's president and chief executive, Patrick Swindle, has resigned for health reasons after less than a year at the helm of the private prison operator. CoreCivic on Friday said Lucibeth Mayberry, previously executive vice president and chief…
Ocugen Shares Rise on Provisional Approval for Retinitis Pigmentosa Treatment in Bahamas
Shares of Ocugen ticked higher after its treatment for retinitis pigmentosa, or RP, a type of genetic eye disorder, got provisional approval and priority designation from regulators in the Bahamas. The stock was up 2.9% to $1.03 in premarket…
Eaton to Acquire Col Group in Deal With Enterprise Value of $923M
Eaton has signed an agreement to acquire electrical power distribution solutions developer Col Group from Oaktree Capital Management for an enterprise value of 810 million euros, or about $923.1 million. The deal aims to expand Eaton's power…
Atlas Energy Shares Gain After Agreements With Undisclosed AI Company
Shares of Atlas Energy Solutions climbed after the company said it inked two contracts with what it called a leading frontier artificial-intelligence lab. The stock rose 6.9% to $11.75 in premarket trading Friday. Through Thursday's close, shares…
Halows 1H Parent Net Y4.14B Vs Net Y4.09B
Halows Co. Ltd. (2742.TO) Japan Half-Year Ended August 31 PARENT 2026 2025 Revenue Y119.02 bln Y111.55 bln Operating Profit Y5.71 bln Y5.86 bln Pretax Profit Y5.75 bln Y5.91 bln Net Profit Y4.14 bln Y4.09 bln Per share Earnings Y193.70 Y191.21…
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