Latest news with #CNNE
Yahoo
13-05-2025
- Business
- Yahoo
The London Company Small Cap Strategy Exited its Position in Cannae Holdings (CNNE)
The London Company, an investment management company, released 'The London Company Small Cap Strategy' first quarter 2025 investor letter. A copy of the letter can be downloaded here. U.S. equities experienced a correction in 1Q25 due to macro risks, weak economic growth, and inflation. The fund declined 6.9% (-7.1%, net) compared to a 9.5% decrease in the Russell 2000 Index. The positive impact of stock selection contributed to the strategy's relative performance in the quarter, partially offset by sector exposure. For more information on the fund's top picks in 2025, please check its top five holdings. In its first-quarter 2025 investor letter, The London Company Small Cap Strategy highlighted stocks such as Cannae Holdings, Inc. (NYSE:CNNE). Cannae Holdings, Inc. (NYSE:CNNE) is a principal investment firm. The one-month return of Cannae Holdings, Inc. (NYSE:CNNE) was 3.87%, and its shares lost 13.96% of their value over the last 52 weeks. On May 12, 2025, Cannae Holdings, Inc. (NYSE:CNNE) stock closed at $18.80 per share with a market capitalization of $1.131 billion. The London Company Small Cap Strategy stated the following regarding Cannae Holdings, Inc. (NYSE:CNNE) in its Q1 2025 investor letter: "Exited: Cannae Holdings, Inc. (NYSE:CNNE) - sold CNNE on weakness, with lower confidence in the ability of the various holdings in the company (Dun and Bradstreet and ALIT account for most of the value) to generate solid results over time. We maintained a position in CNNE in the small/mid cap portfolio." A financial analyst at a trading desk, monitoring large scale investments in real-time. Cannae Holdings, Inc. (NYSE:CNNE) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 29 hedge fund portfolios held Cannae Holdings, Inc. (NYSE:CNNE) at the end of the fourth quarter which was 28 in the previous quarter. While we acknowledge the potential of Cannae Holdings, Inc. (NYSE:CNNE) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered Cannae Holdings, Inc. (NYSE:CNNE) and shared the list of top restaurant stocks to buy under $20. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
CNN
07-03-2025
- Politics
- CNN
Ecuadorian president offers carte blanche to police and military after attack kills 22 in Guayaquil
Ecuadorian President Daniel Noboa has granted preemptive pardons for police and military personnel responding to an armed attack that killed at least 22 in the southern city of Guayaquil yesterday. 'We need you to act decisively and without fear of reprisal,' Noboa wrote in a post on X on Friday morning. 'Defend the country, I will defend you.' It's not the first time the increasingly hardline Noboa has offered pardons to security officers fighting crime in Ecuador, even before they have been deployed or accused of wrongdoing. CNN en Español has reached out to the president's office for clarification on the extent of the pardons. The attack in Guayaquil unfolded across three locations in the city on Thursday afternoon and left at least 22 people dead and six injured, authorities told CNNE. 'Preliminary reports' suggest that the attack arose out of a profit-sharing dispute between different factions of the Los Tiguerones criminal gang, according to a police statement shared with CNNE. 'Among the deceased and injured, several have a history of robbery, drug trafficking, and weapons possession,' police wrote. Ecuadorean authorities raided 'several homes' overnight and early in the morning after the attack, arresting 14 individuals and seizing weapons and ammunition, Ecuador's Ministry of Defense announced in a post on X on Friday. Guayaquil, Ecuador's largest city, has suffered grievously in the country's ongoing drug-fueled violence epidemic. In 2024, the city recorded nearly 2,000 homicides, government statistics show. Noboa has sought to crack down on Ecuador's spiraling security crisis since becoming president in 2023, declaring several states of emergency and designating 22 criminal organizations as terrorist groups, moves that have prompted criticism from some rights groups domestically and abroad. Instability in Ecuador, fueled by the international drug trade, has been the backdrop of Noboa's campaign for a second term this year. He fell short of securing an outright majority in the first round of voting in Ecuador's general election last month. A second-round vote in the coming months will decide if the Latin American country will stick with Noboa's approach or seek an alternative voice in leftist candidate Luisa González.
Yahoo
07-03-2025
- Politics
- Yahoo
Ecuadorian president offers carte blanche to police and military after attack kills 22 in Guayaquil
Ecuadorian President Daniel Noboa has granted preemptive pardons for police and military personnel responding to an armed attack that killed at least 22 in the southern city of Guayaquil yesterday. 'We need you to act decisively and without fear of reprisal,' Noboa wrote in a post on X on Friday morning. 'Defend the country, I will defend you.' It's not the first time the increasingly hardline Noboa has offered pardons to security officers fighting crime in Ecuador, even before they have been deployed or accused of wrongdoing. CNN en Español has reached out to the president's office for clarification on the extent of the pardons. The attack in Guayaquil unfolded across three locations in the city on Thursday afternoon and left at least 22 people dead and six injured, authorities told CNNE. 'Preliminary reports' suggest that the attack arose out of a profit-sharing dispute between different factions of the Los Tiguerones criminal gang, according to a police statement shared with CNNE. 'Among the deceased and injured, several have a history of robbery, drug trafficking, and weapons possession,' police wrote. Ecuadorean authorities raided 'several homes' overnight and early in the morning after the attack, arresting 14 individuals and seizing weapons and ammunition, Ecuador's Ministry of Defense announced in a post on X on Friday. Guayaquil, Ecuador's largest city, has suffered grievously in the country's ongoing drug-fueled violence epidemic. In 2024, the city recorded nearly 2,000 homicides, government statistics show. Noboa has sought to crack down on Ecuador's spiraling security crisis since becoming president in 2023, declaring several states of emergency and designating 22 criminal organizations as terrorist groups, moves that have prompted criticism from some rights groups domestically and abroad. Instability in Ecuador, fueled by the international drug trade, has been the backdrop of Noboa's campaign for a second term this year. He fell short of securing an outright majority in the first round of voting in Ecuador's general election last month. A second-round vote in the coming months will decide if the Latin American country will stick with Noboa's approach or seek an alternative voice in leftist candidate Luisa González.
CNN
07-03-2025
- Politics
- CNN
Ecuadorian president offers carte blanche to police and military after attack kills 22 in Guayaquil
Ecuadorian President Daniel Noboa has granted preemptive pardons for police and military personnel responding to an armed attack that killed at least 22 in the southern city of Guayaquil yesterday. 'We need you to act decisively and without fear of reprisal,' Noboa wrote in a post on X on Friday morning. 'Defend the country, I will defend you.' It's not the first time the increasingly hardline Noboa has offered pardons to security officers fighting crime in Ecuador, even before they have been deployed or accused of wrongdoing. CNN en Español has reached out to the president's office for clarification on the extent of the pardons. The attack in Guayaquil unfolded across three locations in the city on Thursday afternoon and left at least 22 people dead and six injured, authorities told CNNE. 'Preliminary reports' suggest that the attack arose out of a profit-sharing dispute between different factions of the Los Tiguerones criminal gang, according to a police statement shared with CNNE. 'Among the deceased and injured, several have a history of robbery, drug trafficking, and weapons possession,' police wrote. Ecuadorean authorities raided 'several homes' overnight and early in the morning after the attack, arresting 14 individuals and seizing weapons and ammunition, Ecuador's Ministry of Defense announced in a post on X on Friday. Guayaquil, Ecuador's largest city, has suffered grievously in the country's ongoing drug-fueled violence epidemic. In 2024, the city recorded nearly 2,000 homicides, government statistics show. Noboa has sought to crack down on Ecuador's spiraling security crisis since becoming president in 2023, declaring several states of emergency and designating 22 criminal organizations as terrorist groups, moves that have prompted criticism from some rights groups domestically and abroad. Instability in Ecuador, fueled by the international drug trade, has been the backdrop of Noboa's campaign for a second term this year. He fell short of securing an outright majority in the first round of voting in Ecuador's general election last month. A second-round vote in the coming months will decide if the Latin American country will stick with Noboa's approach or seek an alternative voice in leftist candidate Luisa González.
CNN
07-03-2025
- Politics
- CNN
Ecuadorian president offers carte blanche to police and military after attack kills 22 in Guayaquil
Ecuadorian President Daniel Noboa has granted preemptive pardons for police and military personnel responding to an armed attack that killed at least 22 in the southern city of Guayaquil yesterday. 'We need you to act decisively and without fear of reprisal,' Noboa wrote in a post on X on Friday morning. 'Defend the country, I will defend you.' It's not the first time the increasingly hardline Noboa has offered pardons to security officers fighting crime in Ecuador, even before they have been deployed or accused of wrongdoing. CNN en Español has reached out to the president's office for clarification on the extent of the pardons. The attack in Guayaquil unfolded across three locations in the city on Thursday afternoon and left at least 22 people dead and six injured, authorities told CNNE. 'Preliminary reports' suggest that the attack arose out of a profit-sharing dispute between different factions of the Los Tiguerones criminal gang, according to a police statement shared with CNNE. 'Among the deceased and injured, several have a history of robbery, drug trafficking, and weapons possession,' police wrote. Ecuadorean authorities raided 'several homes' overnight and early in the morning after the attack, arresting 14 individuals and seizing weapons and ammunition, Ecuador's Ministry of Defense announced in a post on X on Friday. Guayaquil, Ecuador's largest city, has suffered grievously in the country's ongoing drug-fueled violence epidemic. In 2024, the city recorded nearly 2,000 homicides, government statistics show. Noboa has sought to crack down on Ecuador's spiraling security crisis since becoming president in 2023, declaring several states of emergency and designating 22 criminal organizations as terrorist groups, moves that have prompted criticism from some rights groups domestically and abroad. Instability in Ecuador, fueled by the international drug trade, has been the backdrop of Noboa's campaign for a second term this year. He fell short of securing an outright majority in the first round of voting in Ecuador's general election last month. A second-round vote in the coming months will decide if the Latin American country will stick with Noboa's approach or seek an alternative voice in leftist candidate Luisa González.
