Fannie, Freddie Need Rules to Avoid ‘Race to the Bottom,' NHC Says
'This is essential to averting the 'race to the bottom' that ultimately drove down credit standards during the run-up' to 2008, according to the paper by the National Housing Conference, a copy of which was seen by Bloomberg News.
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Cardinal Health shares drop as revenue misses expectations despite raised outlook
-- Cardinal Health (NYSE:CAH) shares fell 2.9% on Tuesday after the healthcare services company reported fourth-quarter revenue that missed analyst expectations, despite raising its fiscal 2026 earnings guidance. The company reported fourth-quarter revenue of $60.2 billion, relatively flat compared to the same period last year and below the analyst consensus of $60.92 billion. However, revenue increased 21% when excluding the impact of a previously communicated contract expiration with OptumRx. Adjusted earnings per share came in at $2.08, exceeding analyst expectations of $2.03. The 13% year-over-year increase in adjusted EPS was driven by a 19% rise in non-GAAP operating earnings to $719 million, with all five operating segments growing profit by double digits. "Fiscal 2025 was a transformative year for Cardinal Health, and we closed the year with momentum, delivering strong fourth quarter results," said Jason Hollar, CEO of Cardinal Health. "The broad-based operational strength, with all five of our operating segments growing profit double-digits, reflects the disciplined execution of our strategy and our investments for growth." For the full fiscal year 2025, Cardinal Health reported revenue of $222.6 billion, a 2% decrease from fiscal 2024, though revenue increased 18% excluding the OptumRx contract expiration. Adjusted EPS for the year rose 9% to $8.24. The company raised its fiscal 2026 adjusted EPS guidance to $9.30-$9.50, up from its previous outlook of $9.10-$9.30 and above the analyst consensus of $9.25. Cardinal Health also announced the acquisition of Solaris Health, described as the country's leading urology MSO with over 750 providers. Cardinal Health generated $2.5 billion in adjusted free cash flow for fiscal 2025 and expects $2.75-$3.25 billion for fiscal 2026. Related articles Cardinal Health shares drop as revenue misses expectations despite raised outlook Victoria's Secret Exposed: The Warning Sign Behind the Stock's 52% Collapse Clients buying into summer rally, bracing for later pullback, says BofA's Hartnett
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Septentrio Teams up with Gateworks to Launch Precision GNSS M.2 Card for Mission-Critical Edge Applications
New GW16160 combines Septentrio's mosaic-X5 GNSS receiver with Gateworks SBC integration for UAVs, robotics and industrial systems. SAN LUIS OBISPO, Calif., Aug. 12, 2025 /PRNewswire/ -- Septentrio, part of Hexagon, a leader in high-precision GNSS positioning solutions, is collaborating with Gateworks Corporation, a US-based manufacturer of high-quality Single Board Computers (SBCs). Gateworks is now bringing its first Septentrio-based product to market, the GW16160, a new M.2 card which provides reliable high-accuracy positioning powered by the mosaic-X5 GNSS module. Why This Redefines Edge Navigation The mosaic-X5 module is a multi-frequency, multi-constellation receiver renowned for its high level of resilience to GNSS jamming and spoofing thanks to the built-in AIM+ (Advanced Interference Mitigation) technology. It also features a suite of GNSS+ algorithms that ensure robust positioning of rugged systems operating in challenging industrial environments. The GW16160 card with mosaic-X5 is a high-quality positioning solution for edge devices, including autonomous robots, UAVs and industrial mission-critical applications. High-accuracy GNSS systems have traditionally required large systems, costly certification and complicated integration. The GW16160 removes these barriers by offering: Survey-grade positioning in a compact M.2 form factor 448-channel tracking across all major GNSS constellations RTK accuracy down to 0.6 cm with support for PPP, SSR and SBAS Reliable operation in high-vibration and interference-prone environments Secure browser-based tools for diagnostics, spectrum analysis, and monitoring For product specifications and documentation, visit Gateworks' GW16160 Product Page. "This collaboration brings Septentrio's industry-leading positioning technology to rugged embedded systems," said Kelly Peralta, Vice President of Sales at Gateworks Corporation. "Combined with Gateworks SBCs, the GW16160 enables faster deployment for autonomous and kinematic systems without compromising positioning accuracy or resilience." "We are excited to collaborate with Gateworks, an American-based partner, with a solid track record of developing and distributing high-quality electronics," commented Gustavo Lopez, Market Portfolio Manager at Septentrio. "The new M.2 card strengthens the mosaic ecosystem, optimizing space and design efficiency of industrial and mission-critical edge applications which require high-performance positioning." Designed and manufactured in the USA, the GW16160 allows engineers to integrate high-accuracy GNSS into edge systems without bulky external receivers or complex RF design. This ultra-low power card features an M.2 A/E-Key interface with USB 2.0 connectivity for plug-and-play integration. Together, Gateworks and Septentrio are empowering developers to deploy ultra-precise, interference-resistant positioning in edge systems without compromising size, power or reliability. For more information about the GW16160 M.2 card, please contact Gateworks. For more information about mosaic-X5, please contact Septentrio, part of Hexagon. Media Contact:Hailey Terrones(760) 805-7500hterrones@ About Gateworks CorporationGateworks designs and manufactures rugged, industrial-grade single board computers (SBCs) and wireless solutions for embedded edge applications. Based in San Luis Obispo, California, Gateworks products are built on NXP® Semiconductors Arm®-based processors and supported by a strong ecosystem of technology partners like Septentrio, u-blox, Telit, Silex and Morse Micro. Designed and manufactured in the USA, Gateworks SBCs are trusted by global leaders in smart transportation, energy, industrial automation and autonomous systems. Learn more at View original content to download multimedia: SOURCE Gateworks Corporation Sign in to access your portfolio
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Baron Real Estate Income Fund Decided to Exit Weyerhaeuser Company (WY) Due to Weak Demand
Baron Funds, an investment management company, released its 'Baron Real Estate Income Fund' second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The fund decreased 0.23% (Institutional Shares) in the quarter compared to a 1.46% decline for the MSCI US REIT Index (the REIT Index). Since its inception on December 29, 2017, through June 30, 2025, the Fund achieved a cumulative return of 87.02%, more than double the 35.45% return of the REIT Index. In addition, please check the fund's top five holdings to know its best picks in 2025. In its second-quarter 2025 investor letter, Baron Real Estate Income Fund highlighted stocks such as Weyerhaeuser Company (NYSE:WY). Weyerhaeuser Company (NYSE:WY) is a leading private owner and operator of timberlands. The one-month return of Weyerhaeuser Company (NYSE:WY) was -0.28%, and its shares lost 16.65% of their value over the last 52 weeks. On August 11, 2025, Weyerhaeuser Company (NYSE:WY) stock closed at $25.28 per share, with a market capitalization of $18.24 billion. Baron Real Estate Income Fund stated the following regarding Weyerhaeuser Company (NYSE:WY) in its second quarter 2025 investor letter: "During the quarter, we decided to exit our position in Weyerhaeuser Company (NYSE:WY). While shares have continued to trade at a significant discount to NAV, a softer-than-expected residential housing market this year resulted in a weak demand environment, which ultimately weighed on lumber and other wood products prices. As we wrote in our prior quarterly letter, Weyerhaeuser typically tracks the price of lumber, so soft demand and lower wood products prices can have a negative impact on the business and on the stock. We plan to continue monitoring the business and will potentially re-engage at the appropriate time." A wide shot of lush green forestry surrounding a timber harvesting facility. Weyerhaeuser Company (NYSE:WY) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 43 hedge fund portfolios held Weyerhaeuser Company (NYSE:WY) at the end of the first quarter, which was 37 in the previous quarter. While we acknowledge the potential of Weyerhaeuser Company (NYSE:WY) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Weyerhaeuser Company (NYSE:WY) and shared the list of stocks that will benefit from an onshoring boom. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
