Essent Group reported Q1 2026 earnings per share of $1.82, beating estimates by 5.8%. Despite this, the company faces ongoing structural challenges in the private mortgage insurance sector, including slowed revenue growth, rising losses, and declining market share for new insurance. EPS gains are mainly due to aggressive share buybacks, while persistency rates remain strong at 84.7%. With a 2.3% dividend yield and a low forward PE of 8.38, Essent trades at a depressed valuation, but limited near-term catalysts keep its rating at Hold.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...
DMG Blockchain Solutions announced two strategic investments: one in MeetAmi Innovations, a Canadian fintech offering digital asset wealth management platforms, and another in Atomic47 Labs, an AI company focused on secure, sovereign AI infrastructur...
