Couche-Tard's Bid for 7-Eleven Parent Looking Less Likely
Couche-Tard's bid for Seven & i Holdings 3382 0.33%increase; green up pointing triangle has progressed behind the scenes. In his latest comments on the deal Thursday, Couche-Tard Chief Executive Alex Miller said he believes the deal can clear regulatory hurdles.
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Why Is Intel Stock Down on Monday?
Key Points Bloomberg reports that the U.S. government may take a 10% stake in Intel. The government may convert its grants to the semiconductor company into an ownership interest. This might be bad news for Intel's competitors. 10 stocks we like better than Intel › In a just-breaking development, Bloomberg reports the Trump administration may take a 10% stake in Intel (NASDAQ: INTC) -- which perversely is down 3.9% on the news, at least as of 12:35 p.m. ET. Probably not the reaction that either the Trump administration or Intel itself anticipated. $10 billion, or 10%? We heard rumors last week that a direct investment in Intel might be in the offing, and today's news seems to confirm this -- or at least confirm that talks are occurring. As Bloomberg reports, the plan is for the government to take money already awarded to Intel under the CHIPS Act and convert it into a government ownership stake in Intel. Intel has so far been awarded $10.9 billion under that act. At the company's current $103.3 billion market capitalization, that would work out to about 10% of the company's market cap. And that right there, I suspect, is why Intel stock is dropping today, not popping. If Intel had been awarded $10 billion-plus in grants already, and the plan was to invest $10 billion-plus more into Intel for an ownership stake, well, that's one thing -- and probably a good thing in the minds of investors. If the government plans instead to demand shares for the grants it's already awarded, and maybe not make any additional investment at all, well, that's bad news for Intel. Buy or sell semiconductor stocks? It wouldn't be great news for investors in other semiconductor stocks, either. However it comes about, giving the government a stake in Intel's success would also give the government an interest in ensuring Intel succeeds -- perhaps at the expense of rivals like Nvidia and AMD. Bad news for Intel today, it turns out, could be bad news for a whole lot of investors. Do the experts think Intel is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did Intel make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,070% vs. just 184% for the S&P — that is beating the market by 885.55%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,155!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,106,071!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 18, 2025 Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Intel, and Nvidia. The Motley Fool recommends the following options: short August 2025 $24 calls on Intel. The Motley Fool has a disclosure policy. Why Is Intel Stock Down on Monday? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Weinstein's Saba Capital bulks up hedge fund talent with hire from Millennium
By Svea Herbst-Bayliss NEW YORK (Reuters) -Hedge fund manager Boaz Weinstein, best known for his winning bet against the JPMorgan Chase trader known as the London Whale, is hiring two senior partners as his firm, Saba Capital Management, plans to expand into quantitative credit trading. New York-based Saba, which invests $6 billion on behalf of clients and has been trying to shake up the closed-end fund industry, will reunite with Jeremy Benkiewicz, a co-founder of the firm, early next year, people familiar with the matter said on Monday. Saba is also making Kieran Goodwin, who has been advising the firm, a partner to lead Saba's move into quantitative credit trading, said the people, who are prohibited from discussing personnel decisions publicly. Benkiewicz will rejoin the firm in February. He had worked with Weinstein for nearly two decades at Deutsche Bank and at Saba and is an expert in credit trading, cross-asset relative value and convertible arbitrage trading. Benkiewicz worked most recently as a portfolio manager at hedge fund Millennium Management for five years. Neither he nor Millennium responded immediately to requests for comment. Goodwin previously worked at King Street where he was a partner, a member of the investment committee and was the head of trading. He could not be reached for comment. Later this year Saba will launch a predominantly systematic trading strategy called Saba LT that aims to identify credit dislocations and seeks to gain a foothold in the accelerating electronification of corporate bond trading. To lay the groundwork for the expansion, Saba previously hired quant traders Robert Rappleye and David Buckman from hedge fund Jane Street. Competition among hedge funds for talent is fierce with top portfolio managers and traders commanding eye-popping pay packages as firms try to woo more pension funds, endowments and other investors with promises of capturing some of the market's upside but ensuring smaller losses on the way down. Weinstein, who won a stock picking contest in high school by beating out thousands of other students, most recently waged a battle to shake up the UK investment trust industry to push for better returns and has reached agreements with a handful of closed-end funds. In 2012, Weinstein gained fame for spotting unusual trading patterns in the credit market by a JPMorgan trader called the London Whale that saddled the bank with some $6 billion in losses. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Why You Should Be Scoring Every Broker You Work With
Most carriers hustle for good freight, good rates, and good relationships—but never stop to ask whether their brokers are holding up their end. It's easy to assume that all brokers deserve your capacity. But the truth is, some brokers are hurting your margins more than they're helping your business. And if you're not tracking it, you won't know until it's too late. Let's flip the script. Brokers grade you. They track on-time performance, responsiveness, driver behavior, and even the tone of your emails. Every call, every load, they're building a profile. Shouldn't you be doing the same? A Broker Scorecard Puts You Back in Control You don't need to build a fancy system or use expensive software. All you need is a consistent way to evaluate the people who handle your freight. You're a business, not just a DOT number. And you deserve to work with partners—not problems. If you've ever been ghosted during a live unload, denied detention because the broker 'forgot to log it,' or chased payment 45 days after delivery, you already know the cost of poor broker relationships. A broker scorecard helps you: Identify your strongest relationships Avoid repeat issues with bad actors Set clearer expectations with every load Strengthen your negotiation position Reduce dispatcher stress and back-office rework Spot bottlenecks before they impact customer service Start With the Metrics That Matter You don't need to overthink the categories. Keep it simple, relevant, and easy to track after every load. Here's a solid starter list: Rate vs Market: Was the rate in line with current market averages or bottom-tier? Communication: Did the broker respond promptly and clearly? Detention/TONU/Accessorials: Did they pay what was owed without a fight? Payment Terms: Were you paid on time, or did you have to chase the invoice? Load Clarity: Were the instructions, pickup info, and delivery details accurate? Problem Solving: Did the broker jump in to help when issues came up? Tracking Requirements: Were they reasonable, or overbearing and repetitive? Driver Experience: Did your driver feel respected and informed? Each item should be scored 1–5. Track it in your TMS or a spreadsheet. Over time, you'll have a broker performance log that actually tells you who's worth running for. Sample Broker Scorecard: MetricScore (1-5)NotesTotal Score33/40 How to Use Broker Scores in Your Operation Tracking is only step one. The real value comes from how you use the data. 1. Set BenchmarksDecide what a 'good broker' looks like. Maybe it's a score above 30. Anything below 25 triggers a follow-up or cutoff. 2. Enforce StandardsIf a broker falls short repeatedly—missed payments, bad info, no support—it's time to pause or cut ties. This isn't emotional; it's a business decision based on facts. 3. Prioritize Strong PartnersGive your best lanes to brokers who've proven themselves. When you reward consistency, you build relationships that actually help your business grow. 4. Inform NegotiationsPull up their scorecard when they call. You can say, 'We've done 10 loads—3 had payment delays. We need tighter terms before moving forward.' That's leverage. 5. Guide Your TeamTrain your dispatchers and ops staff to check and update broker scores. Make it a part of the post-load routine. 6. Build Historical ContextScoring helps you remember past performance. Even six months later, you can revisit why you cut ties or chose to give someone more freight. 7. Prevent Fire DrillsWhen loads go sideways, the scorecard lets you identify repeat offenders fast—before your team is stuck fixing the same issues again. Don't Wait Until It's a Pattern Most small carriers remember the worst broker experiences. But memory isn't a system. A scorecard helps you catch red flags early—before they become patterns that bleed your margins. Example: A broker stiffs you on detention once—note it. A second time—flag it. By the third, you've got a clear picture and can decide if they're worth the risk. Gut feel has a place. But data closes the loop. Protect Your Time, Trucks, and Team Every hour spent fixing a broker's mistake is an hour you're not dispatching the next load, reconciling cash flow, or managing compliance. When you grade your brokers: Your dispatchers stop guessing who to call Your drivers get better support Your back office spends less time chasing problems Your load planning improves week to week And you gain the one thing every small fleet needs more of: control. Build It Into Your Dispatch Process It's not enough for the owner to have a mental list. Everyone on your team should know how brokers are performing. Daily Driver Check-Ins: Ask how the broker handled the load. Make it part of post-trip reports. Weekly Ops Reviews: Go over broker scores just like you'd go over revenue or fuel costs. Discuss the worst and best performers. Score Updates: Add notes in your TMS or spreadsheet while the load is fresh. Tag patterns. Escalation Steps: If a broker hits a low score twice in a month, flag it for leadership. Decide if it's time to renegotiate or move on. If a broker leaves you waiting, makes you fight for accessorials, or ghosts your dispatcher—they should be scored accordingly. You don't tolerate poor performance from drivers. Don't tolerate it from brokers. Final Word Your freight network is only as strong as its weakest link. When brokers know you're tracking them, they act differently. They communicate better. They pay closer attention. And if they don't? You move on. You're not here to carry bad habits from broker to broker. You're here to build a business. That requires clarity, structure, and standards. Stop Guessing—Start Grading Scoring brokers isn't about being picky—it's about being professional. When you run a small fleet or operate as an owner-operator, you can't afford to make the same mistake twice. A broker scorecard gives you repeatable, trackable insight into who deserves your capacity. It helps you eliminate time-wasters, margin killers, and operational headaches before they multiply. This isn't a theory. It's tactical. It's repeatable. And it's one of the simplest ways to protect your business. So build the scorecard. Train your team. Use the data. Because the ones who treat brokers like random voices on the phone? They stay average. But the ones who manage their broker network like it's a vital part of the business? They win. The post Why You Should Be Scoring Every Broker You Work With appeared first on FreightWaves. Sign in to access your portfolio
