[ad_1] WINDSOR, Conn. – SS&C Technologies Holdings, Inc. (NASDAQ: NASDAQ:) today unveiled its latest software-as-a-service (SaaS) updates for alternative investment managers, enhancing platforms such as Geneva, OEMS, and Eclipse. The new features aim to provide scalable solutions tailored to the global market, emphasizing efficiency in credit, derivatives, and investor accounting management. The recent Geneva® update introduces the Loan Servicing Workspace for efficient management of loans and transactions, alongside the Investor Fee Builder, which allows clients to configure and apply fee terms for different investors. Other enhancements include support for Dual Basis Financing on swaps, separate PIK schedules and spreads on…
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[ad_1] US stocks fell Thursday as trading resumed after the Christmas holiday, as Wall Street digested one of the only significant economic data points of the week. The S&P 500 (^GSPC) was down 0.3%, while the the tech-heavy Nasdaq (^IXIC) declined 0.3%. The Dow Jones Industrial Average (^DJI) also lost around 0.3%. Meanwhile, bitcoin (BTC-USD) slumped, falling below the $96,000 level as volatile trading continued. Crypto-linked stocks like MicroStrategy (MSTR) tracked the declines. Markets looked to be struggling in a bid to extend the start of the “Santa Claus rally,” which kicked off with a bang on Tuesday. All three…
[ad_1] Signage for Nippon Steel Corp. outside the Marunouchi Park Building, which houses the company’s headquarters, in Tokyo, Japan, on Monday, March 25, 2024. Kiyoshi Ota | Bloomberg | Getty ImagesJapan’s Nippon Steel said on Thursday it has extended the closing date for its $14.9 billion purchase of U.S. Steel as U.S. President Joe Biden weighs whether to block a deal that has faced intense opposition since it was announced.The closing date was revised to the first quarter of 2025 from the third or fourth quarter of 2024 previously.Nippon paid a hefty premium to clinch the deal last December in an…
[ad_1] New York, New York–(Newsfile Corp. – December 26, 2024) – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Customers Bancorp, Inc. (NYSE: NYSE:) between March 1, 2024 and August 8, 2024, both dates inclusive (the “Class Period”), of the January 31, 2025 lead plaintiff deadline in the securities class action first filed by the Firm. SO WHAT: If you purchased Customers Bancorp securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To…
[ad_1] WALTHAM, Mass. – Nano Dimension Ltd . (NASDAQ:), a provider of digital manufacturing solutions, announced the immediate appointment of Mr. Julien Lederman as Interim Chief Executive Officer following the termination of Mr. Yoav Stern’s role as CEO. The change comes after Stern (AS:) was not re-elected as a director at the company’s annual general meeting on December 6, 2024. Mr. Lederman, who has been with Nano Dimension since March 2021 as the Vice President of Corporate Development, brings a wealth of experience from previous roles at Amazon.com (NASDAQ:), Inc., The Goldman Sachs Group (NYSE:), Inc., Lehman Brothers Holdings, Inc.,…
[ad_1] Investing.com — Raymond James has added UnitedHealth Group (NYSE:) to its list of current favorite stocks, citing improving fundamentals and an attractive valuation. The firm said in a note Thursday that the stock, which has underperformed the , is now trading at a significant discount to the market, around 22% or 4.8 times below its historical averages. “We are adding UnitedHealth Group as our current favorite following the stock’s significant underperformance versus the S&P 500,” Raymond (NS:) James analysts stated, highlighting the stock’s historically attractive valuation level. The analysts expressed confidence in UnitedHealth’s potential for a turnaround in 2025, driven…
[ad_1] Jamil Khurram, the Chief Medical (TASE:) Officer of Galectin Therapeutics Inc. (NASDAQ:), recently sold 13,654 shares of the company’s common stock. The shares were sold at an average price of $0.8821, totaling approximately $12,044. This transaction was executed under a previously disclosed 10b5-1 trading plan. The sale comes amid a challenging period for GALT, with the stock down nearly 58% in the past week. According to InvestingPro analysis, the company’s shares are currently trading below their Fair Value, suggesting potential upside opportunity. In addition to the sale, Khurram acquired 40,000 shares of common stock without additional consideration, resulting from…
[ad_1] Royal: We were not in the recession camp. We were expecting continued growth, so that was definitely not a surprise to us. I’ve used the expression “it felt a little 2017-ish” because the market kind of went straight up slowly. People get much more optimistic when the market’s up 25% and it has been less volatile. In 2023, the market was up over 20%, but it didn’t feel like it, and the confidence in investing wasn’t there.Schurtz: It’s surprising to me how the year ended up, given that we really had some remarkable things going on around the world…
[ad_1] It’s that time of year again — the annual rebalancing of the Nasdaq-100 Index (NDX). The NDX represents the 100 largest non-financial companies listed on the Nasdaq stock exchange. On Monday, three new companies were added to the index, and three others were removed. When a stock is included in a widely followed index, it often generates demand from exchange-traded funds (ETFs) and index funds, while removal typically leads to selling pressure. These changes were announced about a couple weeks ago, meaning much of the buying and selling has already occurred. This week, I’m examining what happens once these stocks…
[ad_1] By Sarah Kinosian MEXICO CITY (Reuters) – Guatemala is open to receiving citizens of other Central American nations who are deported from the United States, three sources familiar with the matter said, as the country looks to build a positive relationship with the incoming Trump administration. “There has to be a regional response,” a Guatemalan official who requested anonymity told Reuters. “And we want to be part of the solution.” The U.S. has struggled to deport nationals from places such as Nicaragua, Venezuela and Haiti due to strained relations. That could prove a challenge for President-elect Donald Trump, who…