New Mountain Finance: Overpenalized, 35% NAV Discount, 14% Yield

Gold rates in India crashed for the third day in a row, due to weak global trends. On July 8th, 24 carat gold price nosedived by Rs 7,600 to Rs 7,700 in 100 grams in cities like Hyderabad and Chennai. But gold has dropped at least Rs 40,000 this week so far. The reason behind…

ABU DHABI, UAE, July 10, 2026 /PRNewswire/ — Following a comprehensive strategic review of its international investment portfolio, Emirates Telecommunications Group Company PJSC (“e&”) announced the termination of its Relationship Agreement with Vodafone Group PLC (“Vodafone”). In connection with this, e&’s Board representative has stepped down from his position as a non-executive Director of Vodafone….

Circle Internet Group Inc. said its plan to establish First National Digital Currency Bank, N.A., has been approved by the Comptroller of the Currency. The bank’s operating name will be Circle National Trust. Circle submitted its banking application June 30 last year and received conditional approval in December. The move into banking by Circle, a…

Waterways Leisure Tourism, the operator of the Cordelia Cruises brand, on Friday announced a stock split in the ratio of 1:10 just seven trading sessions after the shares of the company made their market debut on July 1. The company announced that its board of directors during its meeting today approved the plan to split…

For executives with C-suite ambitions, the question is often how to earn the title. TIAA CEO Thasunda Duckett argues the more consequential challenge is ensuring the title never becomes the center of your identity. “I rent my title. I own my character,” Duckett recently told Fortune editor-in-chief Alyson Shontell, noting that there will come a…