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By Joseph AdinolfiThe number of stocks outperforming the index over time is shrinking, increasing the need for active managers to be nimbleHolding stocks for the long term isn't a surefire winner.For decades, Wall Street's golden rule has been to buy winning stocks and hold them forever. But accord…
Schroder Asian Total Return (ATR) reported NAV and share price total returns of 34.4% and 27.8% respectively for the half-year ending June 30, 2026, outperforming its reference index's 25.6% return. The company also announced a proposed combination with Pacific Assets (PAC), which is continuing to implementation after
Income investors have spent much of the past month dealing with a market that refuses to make life simple. Equities remain resilient, but they are also increasingly concentrated in a handful of large technology companies. Credit markets remain open and broadly functional, but the easy money has been made in many of the
Kroger said second-quarter identical sales without fuel rose 0.2% and adjusted EPS was $1.09. The company also lowered full-year identical sales guidance without fuel to 0.2% to 0.8% while maintaining its adjusted operating profit outlook.
RH said second-quarter net revenues rose 2.6% year over year to $922.2 million and exceeded the top end of guidance. The company also lifted its fiscal 2026 outlook for revenue growth and adjusted EBITDA margin.
Macy's said second-quarter net sales, comparable sales, adjusted EBITDA and adjusted diluted EPS all exceeded guidance. The company reported 2.7% comparable sales growth and said adjusted EPS was 63 cents, helped by tariff refunds.
VersaBank said Q3 2026 brought record credit assets, revenue and net interest income, with net income up 53% year over year and total assets topping $7 billion for the first time.
VersaBank reported record Q3 credit assets, revenue and net interest income, with net income up 53% year over year and adjusted net income up 27%, driven mainly by its U.S. Structured Receivable Program.