Latest news with #BillFoley
Yahoo
21 hours ago
- Business
- Yahoo
The London Company SMID Cap Sold Cannae Holdings (CNNE) Due to Thesis Mismatch
The London Company, an investment management company, released 'The London Company SMID Cap Strategy' second quarter 2025 investor letter. A copy of the letter can be downloaded here. Following a downturn in Q1, U.S. stocks experienced a double-digit gain in Q2, amid volatility stemming from tariff news. A risk-on rally followed due to a temporary pause in tariff escalations, widespread optimism around enterprise AI, and a healthy earnings outlook. Against this backdrop, the portfolio fell 0.6% (-0.8% net) during the second quarter vs. an 8.6% increase in the Russell 2500 Index. Sector allocation contributed to the fund's performance in the quarter, while stock selection detracted. Please review the fund's top 5 holdings to gain insight into their key selections for 2025. In its second quarter 2025 investor letter, The London Company SMID 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 3.93%, and its shares gained 8.51% of their value over the last 52 weeks. On July 28, 2025, Cannae Holdings, Inc. (NYSE:CNNE) stock closed at $21.67 per share, with a market capitalization of $1.36 billion. The London Company SMID Cap Strategy stated the following regarding Cannae Holdings, Inc. (NYSE:CNNE) in its second quarter 2025 investor letter: "Exited: Cannae Holdings, Inc. (NYSE:CNNE) - Underperformed in recent years and was only 1% of the portfolio. Our initial thesis centered on Bill Foley's ability to create value and the most valuable asset of CNNE was Dun & Bradstreet. That investment has not worked out and CNNE shares have lagged the broader market. We elected to sell the remaining position." 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, 27 hedge fund portfolios held Cannae Holdings, Inc. (NYSE:CNNE) at the end of the first quarter which was 29 in the previous quarter. While we acknowledge the potential of Cannae Holdings, Inc. (NYSE:CNNE) 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 Cannae Holdings, Inc. (NYSE:CNNE) and shared The London Company Small Cap Strategy's views on the company in the previous quarter. 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
BBC News
5 days ago
- Sport
- BBC News
'People love the underdog' - Cherries fans as far as the USA
Life-long Bournemouth fan David Cordell, who lives in the United States, spoke to BBC Radio Solent's Fern Buckley about the club's pre-season tour, and says it is a sign of how far the Cherries have are in the USA ahead of the Premier League Summer Series which they are competing in alongside other English top-flight sides."We have Bournemouth fans all over the country - we're not as big as Manchester United or Liverpool, obviously, because we haven't had the same success. But a lot of people choose Bournemouth because we are the underdog."We try to persuade people to join us, who don't want to support one of the big six clubs. We play in the same colours as Atlanta so we get a lot of supporters from there."To see Bournemouth becoming a regular Premier League team under a great owner is very lucky and I hope Bill [Foley] will take us to places we've never dreamed growing their fanbase: "We try to do some meet and greets. We have Steve Fletcher [former Bournemouth forward] coming to meet us before the game on Saturday and the club is organising a training session for fans in Chicago. It's good fun and really nice to get to know other the pre-season tour: "It would be nice to win some silverware, but this is all about preparation for the new Cherries play Everton in New Jersey on Saturday (21:00 BST), before then taking on Manchester United in Chicago on 30 July (02:30) and finally West Ham in Atlanta on 3 August (19:00).Listen to the full interview on BBC Sounds.
BBC News
6 days ago
- Sport
- BBC News
'We had so many chances to get over the line' - Scott on 2024-25 season
Bournemouth ended in ninth last season to equal their best Premier League finish - but midfielder Alex Scott feels the campaign as a whole was a the Cherries won 3-1 at south coast rivals Southampton on 15 February, it took them to fifth in the table, which would have taken them into the Champions the following week's defeat by Wolves at Vitality Stadium started a sequence of underwhelming results, including a home loss to Ipswich, that generated just two points from six Crystal Palace winning the FA Cup - Bournemouth were beaten by Manchester City in the quarter-final despite taking the lead - the Cherries finished nine points off seventh spot and a place in Europe for the first time in their history, which owner Bill Foley had targeted before the campaign began."Ultimately, it was one of disappointment," Scott told BBC Sport when asked for his feelings about the season as a whole."We had so many chances to get over the line with results here and there."Obviously, it is the Premier League and anyone can beat anyone, but we really believed we could make a push and go for the European places."We dropped points and didn't finish as strongly as you need to in order to be a fighting team in Europe."It is one of those things we will learn from and we will be ready this season to push for it again."Get news alerts on your Premier League club
The Irish Sun
16-07-2025
- Sport
- The Irish Sun
Premier League club share first images of incredible stadium upgrade plans that will DOUBLE capacity in huge revamp
BOURNEMOUTH have shared the first images of their unbelievable £90MILLION stadium revamp plans. With by far the smallest stadium capacity in the Premier League, the Cherries plan to DOUBLE the amount of seats in the Vitality Stadium. 6 Bournemouth have shared the first AI images of their incredible stadium plans 6 Birds-eye view of the new Vitality Stadium, due to be completed in 2027 6 The capacity will double from 11,307 to around 20,500 in the next two years 6 Bournemouth have shared the first images of their incredible stadium revamp That will take the current capacity from 11,307 to around 20,500 in the next two-and-a-half years - with room to grow to over 23,000. The redevelopment would make it only the second smallest stadium, leapfrogging G-tech Community Stadium with 17,000. And Bournemouth's American owner Bill Foley reckons the Vitality won't even need to close for the expansion. Instead, the renovations will require the demolition of the current South Stand, as well as the expansion of the existing North and East stands. READ MORE FOOTBALL NEWS The plan - available on the BCP Council planning website - also shows how more seats will be made by infilling all four stadium corners. The stadium, built in 1910, will be completed by the end of 2027. Bournemouth unveiled an incredible computer generated montage showing how it will look on Tuesday, with the caption: Together anything is possible." The snaps shared for the first time how the new South Stand will fit in with the current ground and its surroundings. Most read in Football CASINO SPECIAL - BEST CASINO BONUSES FROM £10 DEPOSITS It also included the proposed new fan zone in the South West corner of the ground, between the new South Stand and current main stand. There are also plans to modernise the facility with new perimeter fencing and relocated turnstiles, a new ticket office and additional hospitality space. Foley was keen to redevelop the stadium as building a new stadium would have taken five or six years. European giants see stadium wrecked by hurricanes with roof battered and pitch flooded 6 There are also plans build a new perimeter fencing and relocate the turnstiles 6 A new fan zone will be built Bournemouth will build the South Stand off site and start snapping it in place after the final game against Manchester City next season. The club will be buoyed by a strong 2024/2025 season that saw them finish in the top half of the Premier League for the first time since the 2016/2017 campaign. The Cherries have also received a huge cash injection of around £100million so far from the summer sales of Manager The Vitality will be officially owned by a new entity called Black Knight Stadium Limited - named after Foley's company which owns the club. They have tried and failed to buy it back several times since, but Foley made the announcement of the deal at the official opening of the club's £32m training facility. A public exhibition is set to take place at the stadium regarding the expansion on July 21 between 15:30 and 20:00 BST. Fans and locals are invited to attend a presentation from club personnel and advisors, as well as to pose their questions and concerns. Iraola's revamped side will travel to Premier League champions Liverpool in their opening game of the 2025/ 2026 season.
Scottish Sun
16-07-2025
- Sport
- Scottish Sun
Premier League club share first images of incredible stadium upgrade plans that will DOUBLE capacity in huge revamp
Club's football side has been remodelled too GROUND BREAKING Premier League club share first images of incredible stadium upgrade plans that will DOUBLE capacity in huge revamp Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) BOURNEMOUTH have shared the first images of their unbelievable £90MILLION stadium revamp plans. With by far the smallest stadium capacity in the Premier League, the Cherries plan to DOUBLE the amount of seats in the Vitality Stadium. Sign up for Scottish Sun newsletter Sign up 6 Bournemouth have shared the first AI images of their incredible stadium plans 6 Birds-eye view of the new Vitality Stadium, due to be completed in 2027 6 The capacity will double from 11,307 to around 20,500 in the next two years 6 Bournemouth have shared the first images of their incredible stadium revamp That will take the current capacity from 11,307 to around 20,500 in the next two-and-a-half years - with room to grow to over 23,000. The redevelopment would make it only the second smallest stadium, leapfrogging Brentford's G-tech Community Stadium with 17,000. And Bournemouth's American owner Bill Foley reckons the Vitality won't even need to close for the expansion. Instead, the renovations will require the demolition of the current South Stand, as well as the expansion of the existing North and East stands. READ MORE FOOTBALL NEWS SPURRED ON Championship club confirm plans for 60,000 stadium with feature used by Spurs The plan - available on the BCP Council planning website - also shows how more seats will be made by infilling all four stadium corners. The stadium, built in 1910, will be completed by the end of 2027. Bournemouth unveiled an incredible computer generated montage showing how it will look on Tuesday, with the caption: Together anything is possible." The snaps shared for the first time how the new South Stand will fit in with the current ground and its surroundings. CASINO SPECIAL - BEST CASINO BONUSES FROM £10 DEPOSITS It also included the proposed new fan zone in the South West corner of the ground, between the new South Stand and current main stand. There are also plans to modernise the facility with new perimeter fencing and relocated turnstiles, a new ticket office and additional hospitality space. Foley was keen to redevelop the stadium as building a new stadium would have taken five or six years. European giants see stadium wrecked by hurricanes with roof battered and pitch flooded 6 There are also plans build a new perimeter fencing and relocate the turnstiles 6 A new fan zone will be built Bournemouth will build the South Stand off site and start snapping it in place after the final game against Manchester City next season. The club will be buoyed by a strong 2024/2025 season that saw them finish in the top half of the Premier League for the first time since the 2016/2017 campaign. The Cherries have also received a huge cash injection of around £100million so far from the summer sales of Dean Huijsen, Milos Kerkez and Jaidon Anthony. Manager Andoni Iraola will hope to build on this new financial support - and the improved home support after the expansion - to make a push for European football over the coming years. The Vitality will be officially owned by a new entity called Black Knight Stadium Limited - named after Foley's company which owns the club. They have tried and failed to buy it back several times since, but Foley made the announcement of the deal at the official opening of the club's £32m training facility. A public exhibition is set to take place at the stadium regarding the expansion on July 21 between 15:30 and 20:00 BST. Fans and locals are invited to attend a presentation from club personnel and advisors, as well as to pose their questions and concerns. Iraola's revamped side will travel to Premier League champions Liverpool in their opening game of the 2025/ 2026 season.
