The musical opens at the Imperial Theatre on April 10
Get the best deals and latest updates on theater and shows by signing up for TheaterMania's newsletter today
Lido Advisors and CW Advisors are extending their 2025 deal calendars as the firms make their first RIA partnership announcements for the month of May
Lido Advisors has entered into a partnership with Copperwynd Financial
a Scottsdale-based RIA that manages over $720 million in assets
The acquisition expands Lido’s reach in the Southwest
Last month, Lido bolstered its presence in Florida as it added BluePointe Capital Management
which oversees more than $870 million in assets and caters to technology entrepreneurs and executives
Lido’s assets rise to more than $29 billion
The firm is aiming to strengthen its presence in key regional markets
"Copperwynd brings a deep dedication to clients and local communities," Stern said in a statement
"We're excited to unite our shared values to enhance and expand our wealth management services."
which specializes in serving high-net-worth households
brings Lido a team of multi-generational advisors and additional client service staff
All of the firm’s advisors will become Lido partners under the new structure
In addition to its Scottsdale headquarters
Copperwynd adds a location in greater Salt Lake City
enhancing Lido’s reach in neighboring states such as Utah and New Mexico
said the transition provides access to a broader platform and deeper operational support
"Joining forces will give us access to significant resources and capacity to deliver financial peace of mind to our clients and their families
both existing and new," Daughtrey said
Boston-headquartered CW Advisors announced it has acquired two firms – Wolf Group Capital Advisors in Fairfax
and Parsons Capital Management in New Hope
Pennsylvania – bringing in a combined $1.4 billion in assets under management
CW Advisors’ twin acquisitions add significantly to its presence in the mid-Atlantic
With the integration of Wolf Group and Parsons Capital Management
the firm now oversees more than $13 billion in assets across 17 offices nationwide
Wolf Group specializes in comprehensive wealth strategies for high-net-worth individuals
while Parsons operates as a fee-only advisory business with a focus on investment and financial planning
Both will retain their local identities under the CWA umbrella
"The joining of our teams enables us to provide an expanded offering and to leverage the platform to continue to deliver exceptional client service," said Bob Len
noted the compatibility of the two organizations
“We have enjoyed working with the CWA team during the integration and are impressed with the ‘people first’ culture at CWA,” he said
Parsons Capital Management President Russell Parsons added
“Our clients will only benefit from the resources CWA provides.”
Lido Advisors revealed its second deal in a month’s span on Thursday
when it said it has agreed to acquire Scottsdale
Copperwynd manages roughly $720m in client assets
and the firm’s 11 employees will become part of Lido as a result of the partnership
Specific financial terms of the deal were not disclosed.
Largely serving high net worth individuals
Copperwynd offers a mix of services including investment management
This website is using a security service to protect itself from online attacks
The action you just performed triggered the security solution
There are several actions that could trigger this block including submitting a certain word or phrase
You can email the site owner to let them know you were blocked
Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page
Scottsdale HQ'd RIA with Over $720M in RAUM and Longstanding Presence in the Southwest
AZ-based RIA focused on providing high-net-worth families with holistic and highly personalized financial planning
"Copperwynd brings a deep dedication to clients and local communities," said Ken Stern
"We're excited to unite our shared values to enhance and expand our wealth management services."
Co-Founder of Copperwynd with over $720 million in RAUM*
Joining forces will give us access to significant resources and capacity to deliver financial peace of mind to our clients and their families
"This partnership strengthens our ongoing commitment to key markets in the Southwest and beyond—including Arizona
In addition to their Scottsdale headquarters
Copperwynd will bring Lido an office in greater Salt Lake City
Copperwynd's entire team will be joining Lido
bringing their multi-generational advisory and support talent
Their advisors will all become Lido partners
"By welcoming the strategic and high-impact team from Copperwynd to Lido
we're poised to achieve great things together," said Stern
served as the exclusive financial advisor to Copperwynd
*Regulatory Assets Under Management [RAUM] as of December
Media ContactSarah TremalloJConnelly for Lido Advisors908.967.0381[email protected]
a leading wealth advisory firm with over $29 billion in RAUM*
announced today that it will be partnering with BluePointe Capital..
a leading wealth advisory firm with over $24 billion in regulatory assets under management (RAUM) as of October 31
Banking & Financial Services
Corporate Expansion
Do not sell or share my personal information:
Lido Advisors LLC raised its stake in shares of Permian Basin Royalty Trust (NYSE:PBT - Free Report) by 113.4% during the fourth quarter
according to the company in its most recent 13F filing with the Securities and Exchange Commission
The firm owned 114,642 shares of the oil and gas producer's stock after purchasing an additional 60,926 shares during the quarter
Lido Advisors LLC owned approximately 0.25% of Permian Basin Royalty Trust worth $1,273,000 at the end of the most recent reporting period
Get Our Latest Analysis on Permian Basin Royalty TrustPermian Basin Royalty Trust Trading Down 0.8 %Shares of NYSE:PBT opened at $9.98 on Friday
The stock has a fifty day simple moving average of $9.88 and a two-hundred day simple moving average of $11.10
Permian Basin Royalty Trust has a 12-month low of $8.01 and a 12-month high of $14.26
The stock has a market capitalization of $465.16 million
a price-to-earnings ratio of 12.79 and a beta of 0.58
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting
This story was reviewed by MarketBeat's editorial team prior to publication
Please send any questions or comments about this story to contact@marketbeat.com
Before you consider Permian Basin Royalty Trust
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on..
and Permian Basin Royalty Trust wasn't on the list
While Permian Basin Royalty Trust currently has a Hold rating among analysts
top-rated analysts believe these five stocks are better buys
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise
Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools
Bolstering Southwest PresenceLido Adds $720M Arizona Firm
Bolstering Southwest PresenceCopperwynd Financial’s entire team will join Lido
with the advisors becoming partners at the $29 billion RIA backed by Charlesbank and Constellation
the $29 billion Los Angeles-based firm backed by Constellation Wealth and Charlesbank Capital Partners
is bringing on board a $720 million registered investment advisor based in Arizona that focuses on working with high-net-worth families
It’s the latest in a series of deals Lido has made since Constellation’s minority stake in January of last year
a senior managing director and head of mergers and acquisitions at Lido
said he’s not concerned that the market for quality M&A deals will dry up any time soon
“When you have a market that’s actually growing despite the consolidation …
I think there’s going to be a great opportunity for a lot of firms
and I don’t think it’s going to dissipate,” he said
Copperwynd Financial serves clients throughout the Southwest
Copperwynd’s whole five-advisor team will join Lido
The deal will establish Lido offices in Scottsdale and Salt Lake City for the first time
Houlihan Lokey was Copperwynd’s exclusive financial advisor for the deal
a former investment banker with Merrill and JPMorgan Chase
He said joining forces will expand his team’s pool of resources to better serve clients
Related:Dynasty Firm Americana Partners Snags $1.5B Morgan Stanley Team
Lido Advisors was founded in 1999 and offers financial planning
trust and estate services to more than 4,700 clients
It has approximately 130 advisors and about 40 offices nationwide
The firm is backed by majority owner Charlesbank Capital Partners
the firm’s total AUM has grown from $6 billion to $29 billion
In January 2024, Lido became the third RIA to sell a minority stake to Constellation Wealth Capital
a private equity company founded by former Emigrant Partners CEO Karl Heckenberg
a Dynasty-backed Connecticut-based RIA with about $8 billion in assets
a $1.1 billion firm focusing on multigenerational Hollywood families
Hagenbuch said Lido is seeking out potential sellers with a track record of strong organic growth
He said Lido’s initial success through organic growth
means it has a good eye for selecting firms with an organic growth mindset
Related:Edelman Acquires $426M Michigan RIA in First Deal of 2025
and we want growth-oriented advisor partners that share that same sentiment,” he said
“We want to check that box right out of the gate
… Then we look at how we can empower (their) abilities to grow in your current markets and beyond.”
Hagenbuch said the M&A assessment goes both ways
with strong markets making it a “seller’s market” for quality RIAs
buyers like Lido have to show they can bring adjacent services such as tax
and whatever else the RIA may be seeking to make them an attractive landing spot
“The continued growth of M&A within our industry has put the onus on the buyers to become more of this comprehensive wealth management offering that can really add real value to the sellers after the fact,” he said
Patrick Donachie is a senior reporter for WealthManagement.com
litigation and M&A deals in financial services
Alex Ortolani is a New York-based senior reporter with WealthManagement.com with a focus on deals
moves and trends in the registered investment advisor space
In addition to financial and business reporting
he has worked in media relations and corporate communications for tech firms and Fortune 500 companies
RIA Edge 100: Growing Rapidly but Responsibly
What truly sets peak performing retirement plans apart
Tech Stacks & Growth Strategies for Future-Ready Advisory Firms
Ask the Experts: Grow Your Practice with Philanthropy: Comparing DAFs and Private Foundations
See how advisors are combining active and passive strategies for optimal portfolio results
Registered in England & Wales with number 01835199
The Colombian and Canadian musician’s third studio record is led by the single “Mango,” which comes with a lyric video filmed in a humble courtyard
La Belleza follows Pimienta as she dips her toes into the enriching world of classical music. It was written by Pimienta and co-orchestrated with Owen Pallett
Pimienta felt compelled to try her hand at the genre after falling in love with the Luboš Fišer soundtrack for the movie Valerie and Her Week of Wonders
“The thought of making ‘classical music’ never occurred to me before
but making experimental electronica on Miss Colombia was not premeditated either,” said Pimienta in a press release
“All I create is a natural evolution of my curiosity and stubbornness.”
Read about “Eso Que Tú Haces” in “The 22 Best Songs by Latinx Artists in 2020” and revisit Matthew Ismael Ruiz’s essay about the liberating qualities of Lido Pimienta’s record in “The Year in Latin Music.”
01 Overturn (Obertura de la Luz Eterna)02 Ahora03 Quiero Que Me Beses04 Mango05 Aún Te Quiero06 El Dembow del Tiempo07 ¿Quién Tiene la Luz
Carson Group and Lido Advisors have announced new acquisitions aimed at expanding their respective footprints in the competitive RIA market
targeting succession planning and deepening specialization for niche client bases
which manages nearly $41 billion in assets
revealed on Wednesday that it will fully acquire its Carson Wealth office in Orlando
originally established as Cadwell Wealth in 1989
joined Carson Group’s partner network in 2018
Founder Scott Cadwell will continue to lead the $150 million practice under the Carson Wealth brand
The acquisition gives Cadwell access to the firm’s broader M&A infrastructure and technology offerings
which he said will assist in long-term planning and allow for deeper mentorship of second- and third-generation advisors
“My goal is to create a 100-year company, so it was important to know that there would be a lasting relationship beyond my time as an advisor,” Cadwell, said in a statement
while also hinting at plans to expand within the Southeast
Carson said the Orlando team will maintain its current office and personnel
and retain its additional locations in Florida and Nevada
The move is part of a wider growth push by Carson
which operates more than 150 partner offices nationwide
including over 50 under the Carson Wealth brand
Lido Advisors announced a new partnership with BluePointe Capital Management
a Menlo Park-based RIA that oversees more than $870 million in assets and caters to technology entrepreneurs and executives
“They have deep roots and a keen understanding of clients at the heart of one of the world’s foremost innovation and wealth creation centers,” Lido CEO Jason Ozur said of his firm's latest RIA partner in a statement
Sardana will become a partner and continue to serve high-net-worth clients in Silicon Valley
providing pre-liquidity event planning and access to alternative investment strategies
Prior to founding BluePointe, Sardana had a three-year stint with Credit Suisse, before which he was with Donaldson, Lufkin & Jenrette, according to his advisor record with the SEC
The partnership brings Lido's total assets to more than $29 billion
Lido Advisors LLC boosted its holdings in Astera Labs, Inc. (NASDAQ:ALAB - Free Report) by 74.6% during the 4th quarter
according to its most recent disclosure with the Securities & Exchange Commission
The institutional investor owned 14,012 shares of the company's stock after buying an additional 5,986 shares during the quarter
Lido Advisors LLC's holdings in Astera Labs were worth $1,856,000 at the end of the most recent reporting period
A number of other hedge funds and other institutional investors have also recently bought and sold shares of ALAB
boosted its stake in shares of Astera Labs by 354.9% in the 4th quarter
now owns 9,211,630 shares of the company's stock valued at $1,220,080,000 after purchasing an additional 7,186,582 shares in the last quarter
boosted its position in Astera Labs by 2,328.5% in the fourth quarter
now owns 3,922,278 shares of the company's stock valued at $519,506,000 after buying an additional 3,760,765 shares in the last quarter
grew its stake in shares of Astera Labs by 50.5% during the fourth quarter
now owns 2,360,467 shares of the company's stock worth $312,644,000 after buying an additional 792,153 shares during the last quarter
LLC grew its stake in shares of Astera Labs by 318.9% during the fourth quarter
LLC now owns 1,818,600 shares of the company's stock worth $240,873,000 after buying an additional 1,384,498 shares during the last quarter
Jennison Associates LLC acquired a new position in shares of Astera Labs during the fourth quarter worth $229,991,000
Institutional investors own 60.47% of the company's stock
Shares of ALAB traded up $0.88 during trading hours on Monday
3,056,916 shares of the stock were exchanged
compared to its average volume of 3,822,061
The firm has a market capitalization of $11.90 billion
a price-to-earnings-growth ratio of 6.18 and a beta of 0.32
has a fifty-two week low of $36.22 and a fifty-two week high of $147.39
The business has a 50-day moving average of $64.57 and a 200-day moving average of $91.61
Astera Labs (NASDAQ:ALAB - Get Free Report) last posted its quarterly earnings data on Monday
The company reported $0.10 earnings per share for the quarter
missing the consensus estimate of $0.26 by ($0.16)
Astera Labs had a negative return on equity of 10.40% and a negative net margin of 21.05%
will post 0.34 earnings per share for the current fiscal year
Insiders sold a total of 633,990 shares of company stock valued at $54,235,012 in the last quarter
ALAB has been the topic of a number of research reports
Needham & Company LLC restated a "buy" rating and set a $140.00 price objective on shares of Astera Labs in a research report on Tuesday
Barclays boosted their price target on Astera Labs from $87.00 to $135.00 and gave the stock an "overweight" rating in a report on Friday
Stifel Nicolaus dropped their price objective on shares of Astera Labs from $150.00 to $100.00 and set a "buy" rating for the company in a report on Thursday
Raymond James started coverage on shares of Astera Labs in a research report on Friday
They set an "outperform" rating and a $82.00 target price on the stock
Morgan Stanley decreased their price target on shares of Astera Labs from $142.00 to $114.00 and set an "equal weight" rating for the company in a research report on Tuesday
One research analyst has rated the stock with a hold rating
eleven have given a buy rating and one has assigned a strong buy rating to the stock
the company has an average rating of "Buy" and an average target price of $109.25
View Our Latest Analysis on ALAB
While Astera Labs currently has a Buy rating among analysts
Discover the top 7 AI stocks to invest in right now
This exclusive report highlights the companies leading the AI revolution and shaping the future of technology in 2025
2025 at 11:20 AM ESTEmail This LinkShare on FacebookShare on X (formerly Twitter)Share on PinterestShare on LinkedInSARASOTA
(WWSB) - South Lido Beach is anticipated to reopen by mid-March
Sarasota County Recreation and Natural Resources Director Nicole Rissler provided the update on the facilities that remain closed following the 2024 hurricanes on Friday
While South Lido Beach is anticipated to reopen by mid-March
You can check the status on parks countywide by clicking here.
a Los Angeles-based wealth manager with roughly $24bn in assets under management
according to sources with knowledge of the situation
Sources said Lido’s existing private equity equity sponsor
is selling a portion of its position in the company and is expected to retain an equity position in the wealth manager after the sale process concludes
Lido has retained William Blair and Ardea Partners to serve as the lead investment bankers for the capital raise
Houlihan Lokey and Piper Sandler are providing additional support
Lido Advisors LLC raised its stake in shares of Biogen Inc. (NASDAQ:BIIB - Free Report) by 2,364.3% in the 4th quarter
according to its most recent 13F filing with the Securities and Exchange Commission
The firm owned 41,598 shares of the biotechnology company's stock after buying an additional 39,910 shares during the quarter
Lido Advisors LLC's holdings in Biogen were worth $6,361,000 at the end of the most recent reporting period
Other large investors have also recently bought and sold shares of the company
Northern Trust Corp raised its position in Biogen by 14.6% in the 4th quarter
Northern Trust Corp now owns 1,550,130 shares of the biotechnology company's stock valued at $237,046,000 after buying an additional 196,995 shares during the last quarter
Israel Discount Bank of New York lifted its position in shares of Biogen by 6.2% in the fourth quarter
Israel Discount Bank of New York now owns 1,405 shares of the biotechnology company's stock worth $215,000 after purchasing an additional 82 shares in the last quarter
Beacon Pointe Advisors LLC boosted its holdings in Biogen by 10.7% during the fourth quarter
Beacon Pointe Advisors LLC now owns 1,537 shares of the biotechnology company's stock worth $235,000 after purchasing an additional 149 shares during the last quarter
Quarry LP acquired a new stake in Biogen in the 4th quarter valued at $460,000
Aquatic Capital Management LLC lifted its position in Biogen by 20.0% during the 4th quarter
Aquatic Capital Management LLC now owns 64,945 shares of the biotechnology company's stock worth $9,931,000 after buying an additional 10,845 shares in the last quarter
Institutional investors own 87.93% of the company's stock
A number of analysts recently issued reports on BIIB shares
HC Wainwright lowered their target price on Biogen from $241.00 to $187.00 and set a "buy" rating on the stock in a research report on Friday
Truist Financial cut their price objective on Biogen from $210.00 to $199.00 and set a "buy" rating for the company in a report on Tuesday
lowered their target price on shares of Biogen from $185.00 to $175.00 and set a "neutral" rating on the stock in a report on Monday
Royal Bank of Canada cut their price target on shares of Biogen from $217.00 to $205.00 and set an "outperform" rating for the company in a research note on Friday
HSBC downgraded Biogen from a "buy" rating to a "hold" rating and set a $118.00 target price for the company
Twenty investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company's stock
the stock presently has a consensus rating of "Hold" and a consensus target price of $194.56
Read Our Latest Analysis on Biogen
NASDAQ:BIIB traded down $1.32 during trading hours on Monday
The company's stock had a trading volume of 220,227 shares
compared to its average volume of 1,351,772
The company has a debt-to-equity ratio of 0.27
a current ratio of 1.35 and a quick ratio of 0.90
The company has a market capitalization of $17.89 billion
has a twelve month low of $110.04 and a twelve month high of $238.00
The stock has a fifty day simple moving average of $130.58 and a 200-day simple moving average of $146.45
Biogen (NASDAQ:BIIB - Get Free Report) last announced its quarterly earnings results on Thursday
The biotechnology company reported $3.02 earnings per share (EPS) for the quarter
missing the consensus estimate of $3.26 by ($0.24)
The company had revenue of $2.43 billion for the quarter
compared to the consensus estimate of $2.25 billion
Biogen had a net margin of 16.87% and a return on equity of 14.98%
The company's revenue for the quarter was up 6.2% compared to the same quarter last year
will post 15.83 EPS for the current fiscal year
Company insiders own 0.16% of the company's stock
While Biogen currently has a Hold rating among analysts
These 10 simple stocks can help beginning investors build long-term wealth without knowing options
Lido Advisors LLC raised its position in shares of Zoetis Inc. (NYSE:ZTS - Free Report) by 79.5% during the 4th quarter
according to the company in its most recent 13F filing with the SEC
The institutional investor owned 20,375 shares of the company's stock after acquiring an additional 9,021 shares during the quarter
Lido Advisors LLC's holdings in Zoetis were worth $3,320,000 at the end of the most recent quarter
A number of other hedge funds and other institutional investors have also recently made changes to their positions in ZTS
Callahan Advisors LLC increased its holdings in shares of Zoetis by 90.4% in the 4th quarter
Callahan Advisors LLC now owns 13,105 shares of the company's stock worth $2,135,000 after purchasing an additional 6,221 shares in the last quarter
CIBC Asset Management Inc boosted its stake in shares of Zoetis by 24.1% in the 4th quarter
CIBC Asset Management Inc now owns 237,369 shares of the company's stock worth $38,617,000 after buying an additional 46,050 shares during the last quarter
Pensionfund Sabic grew its holdings in shares of Zoetis by 55.6% in the fourth quarter
Pensionfund Sabic now owns 11,200 shares of the company's stock worth $1,825,000 after acquiring an additional 4,000 shares during the period
Schroder Investment Management Group lifted its holdings in Zoetis by 2.6% in the fourth quarter
Schroder Investment Management Group now owns 245,726 shares of the company's stock valued at $40,036,000 after acquiring an additional 6,169 shares during the period
PFW Advisors LLC bought a new position in Zoetis in the fourth quarter worth approximately $1,764,000
Hedge funds and other institutional investors own 92.80% of the company's stock
One equities research analyst has rated the stock with a hold rating
ten have assigned a buy rating and two have assigned a strong buy rating to the company's stock
the stock currently has an average rating of "Buy" and an average price target of $214.40
Read Our Latest Stock Analysis on Zoetis
NYSE ZTS traded up $0.65 during mid-day trading on Monday
2,686,849 shares of the stock were exchanged
compared to its average volume of 2,467,939
The company has a market capitalization of $70.54 billion
has a 1 year low of $139.70 and a 1 year high of $200.33
The company has a debt-to-equity ratio of 1.09
a quick ratio of 1.08 and a current ratio of 1.75
The business's 50 day moving average is $158.31 and its 200-day moving average is $167.05
Zoetis (NYSE:ZTS - Get Free Report) last released its earnings results on Thursday
The company reported $1.40 earnings per share for the quarter
beating the consensus estimate of $1.37 by $0.03
Zoetis had a return on equity of 53.82% and a net margin of 26.86%
The business had revenue of $2.32 billion for the quarter
compared to the consensus estimate of $2.30 billion
equities research analysts forecast that Zoetis Inc
will post 6.07 EPS for the current fiscal year
The business also recently announced a quarterly dividend
April 21st will be issued a $0.50 dividend
This represents a $2.00 annualized dividend and a yield of 1.27%
The ex-dividend date of this dividend is Monday
Insiders have sold 1,862 shares of company stock valued at $312,254 over the last ninety days
While Zoetis currently has a Buy rating among analysts
Which stocks are hedge funds and endowments buying in today's market
Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now
Lido Advisors LLC decreased its position in shares of Comcast Co. (NASDAQ:CMCSA - Free Report) by 47.8% in the fourth quarter
according to its most recent Form 13F filing with the Securities & Exchange Commission
The firm owned 175,093 shares of the cable giant's stock after selling 160,243 shares during the quarter
Lido Advisors LLC's holdings in Comcast were worth $6,571,000 as of its most recent SEC filing
A number of other large investors have also recently bought and sold shares of CMCSA
World Investment Advisors LLC boosted its stake in shares of Comcast by 904.0% in the third quarter
World Investment Advisors LLC now owns 254,545 shares of the cable giant's stock worth $10,632,000 after buying an additional 229,192 shares during the last quarter
purchased a new stake in Comcast in the 4th quarter worth approximately $743,681,000
Bfsg LLC grew its stake in shares of Comcast by 752.8% during the 4th quarter
Bfsg LLC now owns 83,366 shares of the cable giant's stock worth $3,129,000 after purchasing an additional 73,590 shares during the period
Mission Wealth Management LP increased its holdings in shares of Comcast by 8.3% during the 4th quarter
Mission Wealth Management LP now owns 43,509 shares of the cable giant's stock valued at $1,633,000 after purchasing an additional 3,344 shares in the last quarter
lifted its stake in shares of Comcast by 136.7% in the 4th quarter
now owns 102,360 shares of the cable giant's stock valued at $3,842,000 after purchasing an additional 59,107 shares during the period
Hedge funds and other institutional investors own 84.32% of the company's stock
CMCSA stock traded up $0.09 during mid-day trading on Monday
The company had a trading volume of 5,031,199 shares
compared to its average volume of 21,872,821
has a fifty-two week low of $31.44 and a fifty-two week high of $45.31
The company has a market capitalization of $130.62 billion
a price-to-earnings-growth ratio of 1.78 and a beta of 0.97
a quick ratio of 0.68 and a current ratio of 0.68
The firm has a fifty day simple moving average of $35.13 and a 200 day simple moving average of $37.76
Comcast (NASDAQ:CMCSA - Get Free Report) last issued its quarterly earnings results on Thursday
The cable giant reported $1.09 earnings per share (EPS) for the quarter
topping analysts' consensus estimates of $1.01 by $0.08
Comcast had a net margin of 13.09% and a return on equity of 19.98%
The company had revenue of $29.89 billion during the quarter
compared to the consensus estimate of $29.82 billion
During the same quarter in the previous year
The firm's quarterly revenue was down .6% on a year-over-year basis
will post 4.33 earnings per share for the current fiscal year
lowered their price objective on Comcast from $45.00 to $39.00 and set a "neutral" rating on the stock in a research note on Friday
Two analysts have rated the stock with a sell rating
nine have issued a buy rating and three have issued a strong buy rating to the stock
the company has a consensus rating of "Moderate Buy" and an average target price of $42.10
View Our Latest Stock Analysis on Comcast
While Comcast currently has a Moderate Buy rating among analysts
Lido Advisors LLC decreased its stake in General Dynamics Co. (NYSE:GD - Free Report) by 20.6% during the fourth quarter
according to its most recent filing with the Securities and Exchange Commission (SEC)
The fund owned 69,641 shares of the aerospace company's stock after selling 18,055 shares during the period
Lido Advisors LLC's holdings in General Dynamics were worth $18,350,000 at the end of the most recent quarter
Other hedge funds also recently made changes to their positions in the company
Financial Life Planners bought a new stake in shares of General Dynamics in the 4th quarter valued at about $25,000
Whipplewood Advisors LLC purchased a new stake in shares of General Dynamics during the fourth quarter valued at approximately $26,000
Kohmann Bosshard Financial Services LLC bought a new position in shares of General Dynamics in the fourth quarter worth approximately $26,000
Heck Capital Advisors LLC purchased a new stake in General Dynamics during the 4th quarter valued at $28,000
bought a new stake in General Dynamics in the 4th quarter worth $28,000
86.14% of the stock is owned by institutional investors
1.50% of the stock is currently owned by corporate insiders
Several analysts recently issued reports on the company
TD Securities raised their target price on General Dynamics from $275.00 to $290.00 and gave the stock a "buy" rating in a research note on Thursday
Barclays decreased their target price on General Dynamics from $305.00 to $285.00 and set an "overweight" rating for the company in a report on Tuesday
BTIG Research lowered shares of General Dynamics from a "buy" rating to a "neutral" rating in a report on Thursday
Morgan Stanley dropped their target price on shares of General Dynamics from $305.00 to $300.00 and set an "equal weight" rating for the company in a research report on Thursday
Susquehanna increased their price target on shares of General Dynamics from $300.00 to $315.00 and gave the stock a "positive" rating in a research note on Wednesday
One analyst has rated the stock with a sell rating
six have given a buy rating and one has issued a strong buy rating to the company's stock
General Dynamics presently has a consensus rating of "Hold" and a consensus price target of $292.88
View Our Latest Stock Analysis on GD
Shares of NYSE:GD traded up $1.70 during mid-day trading on Friday
The stock had a trading volume of 1,637,735 shares
compared to its average volume of 1,366,030
a quick ratio of 0.82 and a debt-to-equity ratio of 0.33
The company has a market cap of $73.33 billion
a price-to-earnings-growth ratio of 1.69 and a beta of 0.49
has a 1 year low of $239.20 and a 1 year high of $316.90
The business's 50 day moving average price is $266.84 and its 200 day moving average price is $270.70
General Dynamics (NYSE:GD - Get Free Report) last released its quarterly earnings data on Wednesday
The aerospace company reported $3.66 EPS for the quarter
beating the consensus estimate of $3.43 by $0.23
General Dynamics had a net margin of 7.93% and a return on equity of 17.10%
The business had revenue of $12.22 billion during the quarter
compared to analyst estimates of $11.92 billion
the business earned $2.88 earnings per share
General Dynamics's quarterly revenue was up 13.9% compared to the same quarter last year
Research analysts expect that General Dynamics Co
will post 14.83 EPS for the current fiscal year
The company also recently declared a quarterly dividend
April 11th will be issued a dividend of $1.50 per share
This represents a $6.00 annualized dividend and a yield of 2.20%
This is an increase from General Dynamics's previous quarterly dividend of $1.42
General Dynamics's dividend payout ratio is presently 41.61%
While General Dynamics currently has a Hold rating among analysts
With the proliferation of data centers and electric vehicles
the electric grid will only get more strained
Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow
Los Angeles-based wealth manager Lido Advisors added a fellow California RIA to its ranks on Tuesday
largely serving technology industry entrepreneurs and executives in the Silicon Valley area
BluePointe is solely owned by chief executive Sanjeev Sardana
who launched the RIA in 2006; Sardana will become a partner at Lido
the firm has eight employees including Sardana
with four performing advisory functions.
Get the best experience and stay connected to your community with our Spectrum News app. Learn More
— A popular staple on Lido Beach is set to be demolished following the back-to-back hurricanes
The Sandcastle Resort sustained significant damage during both Helene and Milton
The owner says he already had plans to demolish and rebuild even before the hurricanes
but with all the damage the building sustained in the storms
people are saying goodbye to a community gem
first stayed at The Sandcastle Resort in Lido Beach in 1978
The two went there for their honeymoon when they were only 20 and 21 at the time
“I thought it was the most beautiful thing ever
and this place just screamed Florida,” he said
And what they see now are all the memories flashing back
reliving the memory of memory lane,” he said
they’ve made 30 trips — bringing their kids
about two months before Hurricane Helene hit
It’s hard to describe just how special it is to us,” Lowis said
the owner plans to build a new hotel in its place
called The Opal Sandcastle, set to open in 2027
Bryan says while it’s sad to see this place go
“It will be another chapter of The Sandcastle
and it will be great and magnificent,” he said
The couple has their 47th anniversary coming up in May
they’ll be staying at a resort nearby
Menlo Park RIA with Over $870M in RAUM and Tech Entrepreneur & Executive Niche
a Menlo Park-based RIA focused on serving the specialized needs of sophisticated technology industry entrepreneurs and executives
BluePointe's growth mindset and uncompromising fiduciary commitment made the independent
fee-only advisory firm with over $870 million in RAUM*an ideal partner
"They have deep roots and a keen understanding of clients at the heart of one of the world's foremost innovation and wealth creation centers," said Ozur
"These qualities are at the core of Lido's ethos and serve as the foundation of what promises to be a fruitful partnership."
The firm has offered greater Silicon Valley entrepreneurs and executives comprehensive wealth management services
sophisticated alternative investment strategies and customized solutions to help clients preserve wealth and optimize their legacies
"Our mission is to work with thriving tech entrepreneurs and executives to relish their successes while safeguarding their financial futures," said Sanjeev
"By leveraging Lido's deep bench and comprehensive family office approach to wealth management
we are excited to enhance our impact on our clients' financial lives and enter an exciting new chapter of growth."
Media ContactSarah TremalloJConnelly for Lido Advisors908.967.0381[email protected]
announced today it will be partnering with Copperwynd Financial
Licensing
To the cheers of an estimated 200 attendees — including city council members; fire department leadership; veteran Newport fire fighters from as far back as 1953; immediate neighbors; Lido House Hotel owner Bob Olson
plus some of his management and staff — a lone Caterpillar tractor with extended shovel began the dramatic demolition of 70-year-old Fire Station #2
Lido House Hotel will build five new cottages on the property
for which Olson and the city “have signed a long-term lease,” said Mayor Joe Stapleton
Fire Chief Jeff Boyles reminisced that when he first arrived at the station as a paramedic intern
“I couldn’t believe how old and a bit of a dog the fire station was
We used to joke that if we tented the building
it would kill all the termites who were holding it up.”
And because of those legendary termites with accompanying dry rot
Boyles jokingly offered to “save Olson some money and just burn it down.”
we have enough equipment here to do it ourselves.”
we’re giving it the respect it deserves for serving our community for so long
We will celebrate this fire station in Lido House Hotel with the artifacts from this property that has been such a tremendous asset to this community.”
“This has been five years coming,” shared Mayor Stapleton
adding that it is a true benefit to the city
Stapleton explained that because of the size and configuration of the lot
there were not a lot of options for development of the property
So “Expanding Lido House made perfect sense
along with possible restaurant concepts; and there will be additional metered public parking in a heavily impacted area,” he said
city staff and prior council members for making this happen.”
The crowd lingered for snacks and beverages along with congratulations and reminiscences
There may have been a few tears shed as well
Log in to leave a comment
Newport Beach Independent Newspaper
Newport Beach Magazine
Newport Beach Country Club Magazine
Coastal Real Estate Guide (NB,LB, CDM)
California Business Journal (partner)
Laguna Beach Independent Newspaper
Laguna Beach Magazine
Laguna Beach City Guide
On The Menu Laguna Beach
Montage Magazine
Monarch Beach Resort Magazine
Pacific Coast Magazine (SoCal)
Omni Escapes Hotel Magazine
View our entire portfolio here
Product & Platform Updates
In response to growing institutional demand, Fireblocks has launched an integration with Lido to provide easy and secure in-platform access to Lido’s liquid staking protocol and stETH token. Users can now stake their ETH, receive rewards, and use stETH for on-chain activities, including Fireblocks Off Exchange
which allows Fireblocks users to lock their stETH in a self-custodial collateral wallet to trade on exchanges like Deribit and Bybit
Liquid staking enables users to transfer and operationalize staked tokens without the firm requirements that lock up assets for stakers on the Ethereum network
It allows users to deposit tokens and receive tradable liquid tokens (stETH) in return
thereby unlocking the ability to receive staking rewards while maintaining liquidity and access to their assets
Liquid staking with Lido may be useful for institutional ETH holders and can provide the ability to stake without the requirement of maintaining complex staking infrastructure
While Ethereum direct-stakers must stake in increments of 32 ETH
liquid staking allows users to stake any amount of ETH
with the ability to access instant liquidity
This flexibility also benefits retail-facing exchanges and fintechs
whose end users might have less than 32 ETH but want to realize the benefits of ETH staking
Those with larger ETH positions can unlock capital efficiency through liquid staking
leveraging their staked ETH tokens (stETH) for on-chain activities
Fireblocks customers can stake their ETH without locking it up or having to maintain complex infrastructure – all while still participating in on-chain activities and receiving network rewards from their staked ETH
liquid-staking middleware that provides a way to participate in the blockchain network validation process and reap rewards for this activity
Lido middleware lets users connect with node operators and stake their digital assets without the need to individually maintain hardware
Lido users can interact with various third-party DeFi applications that have independently integrated and support the liquid staking tokens
For further information, please visit lido.fi/institutional
Disclaimer: All information provided herein is purely for informational purposes and does not constitute an offer
recommendation or solicitation to participate in any activity involving crypto assets
References within this website to any specific commercial product
firm or corporation name is for the information and convenience of the public
Any decision to participate should be based solely on your own due diligence and should be made only after consulting with your own legal
Join the largest institutional players running their businesses with Fireblocks
Fireblocks is the world's most trusted and proven digital asset infrastructure company
empowering organizations of all sizes to build
run and grow their business on the blockchain
and trading operations across the largest ecosystem of exchanges
payment providers and stablecoin issuers in the world
and Revolut - trust Fireblocks to secure more than $7 trillion in digital asset transactions across 100 blockchains and 250+ million wallets
Find out how Fireblocks helps your digital asset business to grow fast and stay secure
Fireblocks is an enterprise-grade platform delivering a secure infrastructure for moving
and hedge funds to securely scale digital asset operations through patent-pending SGX & MPC technology
Fireblocks © 2025 All Rights Reserved
In January, Lido Advisors made a splash when it revealed it had sold a minority stake in itself to Karl Heckenberg’s nascent RIA investment firm
the now-$24bn RIA was quietly preparing to execute another equity transaction
Chief executive Jason Ozur told Citywire that Lido earlier this year sold just shy of $20m of equity to a group of 35 employees
including advisors and other senior employees
The equity plan had an initial buy-in date in the third quarter of 2024; employees bought equity at the company’s share price as of June 30
‘It’s open to basically anyone that reaches a particular status within the company,’ Ozur said of Lido’s employee equity program
‘We believe that creates a much deeper sense of ownership for the employees
It creates an amazing alignment of interest between the company and the employees
everyone treats the business like it’s their own.’
Lido Advisors LLC lifted its holdings in shares of Welltower Inc. (NYSE:WELL - Free Report) by 538.4% during the 4th quarter
according to its most recent 13F filing with the SEC
The institutional investor owned 70,119 shares of the real estate investment trust's stock after acquiring an additional 59,136 shares during the period
Lido Advisors LLC's holdings in Welltower were worth $8,837,000 at the end of the most recent reporting period
Several other institutional investors have also recently added to or reduced their stakes in WELL
Northern Trust Corp lifted its holdings in shares of Welltower by 53.5% in the 4th quarter
Northern Trust Corp now owns 8,430,496 shares of the real estate investment trust's stock valued at $1,062,495,000 after purchasing an additional 2,939,229 shares during the last quarter
Public Employees Retirement Association of Colorado increased its position in Welltower by 5.0% during the fourth quarter
Public Employees Retirement Association of Colorado now owns 84,220 shares of the real estate investment trust's stock worth $10,614,000 after buying an additional 4,001 shares during the period
Quarry LP lifted its stake in Welltower by 3,203.2% in the fourth quarter
Quarry LP now owns 1,024 shares of the real estate investment trust's stock valued at $129,000 after buying an additional 993 shares during the last quarter
Whalerock Point Partners LLC boosted its holdings in shares of Welltower by 10.4% in the fourth quarter
Whalerock Point Partners LLC now owns 2,638 shares of the real estate investment trust's stock valued at $332,000 after acquiring an additional 249 shares during the period
Susquehanna Fundamental Investments LLC acquired a new stake in shares of Welltower in the fourth quarter valued at approximately $27,402,000
Hedge funds and other institutional investors own 94.80% of the company's stock
WELL stock traded up $0.15 during trading on Friday
2,367,811 shares of the company were exchanged
compared to its average volume of 2,878,669
The company has a debt-to-equity ratio of 0.48
a quick ratio of 4.22 and a current ratio of 4.22
The stock's 50 day moving average price is $148.06 and its 200 day moving average price is $139.20
has a 52-week low of $95.86 and a 52-week high of $158.55
The company has a market cap of $98.41 billion
Welltower (NYSE:WELL - Get Free Report) last posted its earnings results on Monday
The real estate investment trust reported $1.20 earnings per share for the quarter
beating the consensus estimate of $1.15 by $0.05
Welltower had a net margin of 11.91% and a return on equity of 3.15%
The firm had revenue of $2.42 billion during the quarter
compared to the consensus estimate of $2.40 billion
The firm's revenue for the quarter was up 30.3% on a year-over-year basis
will post 4.88 earnings per share for the current fiscal year
The business also recently declared a quarterly dividend
May 14th will be given a dividend of $0.67 per share
This represents a $2.68 annualized dividend and a yield of 1.78%
The ex-dividend date of this dividend is Wednesday
Scotiabank raised their price target on Welltower from $165.00 to $166.00 and gave the stock a "sector outperform" rating in a report on Thursday
Bank of America upped their price objective on Welltower from $221.00 to $242.00 and gave the company a "buy" rating in a research note on Tuesday
Royal Bank of Canada raised Welltower from a "sector perform" rating to an "outperform" rating and increased their price objective for the stock from $146.00 to $168.00 in a research report on Friday
Two research analysts have rated the stock with a sell rating
eight have given a buy rating and two have issued a strong buy rating to the stock
the company has an average rating of "Moderate Buy" and an average price target of $157.46
Read Our Latest Stock Report on Welltower
While Welltower currently has a Moderate Buy rating among analysts
Wondering what the next stocks will be that hit it big
Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks
Avitas to Join with more than $1.1 Billion in RAUM and Enhance Lido's Los Angeles Home Base
announced today that it will be merging in Avitas Wealth Management
with more than $1.1 billion in RAUM as of September 30
is an independent wealth advisory firm that specializes in serving multigenerational families
"We're excited to welcome the Avitas team to Lido
Their dedication to providing a bespoke wealth management experience for multigenerational families aligns perfectly with our own commitment to delivering personalized
"We share a deep commitment to making a lasting impact on both our clients' lives and our collective team's growth
this partnership will strengthen our presence and further enhance our ability to serve clients locally and beyond."
Highlighting the Avitas team that is joining Lido are lead partners Eric Taslitz
David Selig of Advice Dynamics Partners served as Avitas' exclusive transaction advisor
"We've always believed that clients deserve more than one-size-fits-all solutions—they deserve personalized
tailored financial strategies that align with their unique needs and long-term goals," said Eric Taslitz
We're excited about the opportunity to expand our capabilities and bring even more value to the families we serve through this partnership."
"Avitas is a seamless fit for Lido as we continue to execute on a very thoughtful and diligent strategy to expand our offerings and align with world-class talent," said Jason Ozur
"The cultural alignment and the opportunity to further strengthen our home base in Los Angeles made this partnership an obvious choice to help us grow our clientele while providing them with exceptional investment and wealth management."
Lido has combined its strong organic growth with selective M&A focused on strategic and cultural alignment. The firm has more than tripled its RAUM since 2020 and continues its momentum
having announced deals in Colorado and Wisconsin over the past two months
LLC is an investment advisor registered with the Securities & Exchange Commission
SEC registration does not denote competence
Media Contact Sarah Tremallo JConnelly for Lido Advisors 908.967.0381 [email protected]
Acquisitions, Mergers and Takeovers
I decided to scrap the hodgepodge of random furniture I’d collected over the years and find pieces that actually went together
I consulted a friend who’s an interior designer
and we chose soothing colors for my new space: light gray walls with white molding
and furniture and decor in shades of cream and dark brown
My biggest dilemma was whether to get a white sofa or something more in the brown family, as white obviously shows stains, dirt, and wear and tear easily
I went for white to make the space feel bigger and brighter
that sofa held up well for about 10 years — until I noticed a tiny spot on it
I tried getting it out with soap and water
I then tried multiple solutions to remove the water stain
I took the plunge and chose the creamy Sand Performance Basketweave fabric
The fact that this sofa is stain-resistant is the big selling point
The tight basketweave fabric repels liquids but also resists snags and makes it easy to brush off hair
I haven’t needed to wash the cushion covers yet
yet it still provides plenty of room for two people to sit comfortably
and it was relatively simple to assemble on my own (although some of the pieces are a bit of a heavy lift
so having an extra helping hand definitely doesn’t hurt)
I slid it into the area where my old white sofa had been
The sofa was a little bit wider than my previous couch and took up a bit more space (whoops!)
but it was so much more comfortable that it was worth it
Sitting on the Lido felt almost like a luxurious experience
I smoothed my hands over the light-colored basketweave fabric
and I could tell that this thing was built to last
and I don’t have to treat it as delicately as I did my old white sofa
I used to put a throw blanket down before anyone sat on that couch
It literally and figuratively keeps me more relaxed than my previous white sofa did
the Lido 75” Sand Basketweave Sofa is perfect for the following:
the brand charges 10% of what you paid for the sofa (if original packaging is intact) or 20% without original packaging (the fee is capped at $200)
Albany Park will accept the return and issue a refund as long as the sofa is in “like new” condition
Read the commentsFiled in:ShoppingSmall Spacessofas The home you love starts here
The home you love starts here
Apartment TherapyThe wordmark for the Apartment Therapy brand.More From Us
By subscribing, you acknowledge and agree to our Terms of Use and Privacy Policy.
SFA’s Strategic Blueprint adds three advisors with $200 million in assets
and Dynasty’s DayMark brings on a team led by an ex-Morgan Stanley advisor
Lido Advisors, a Los Angeles-based RIA with $29 billion in client assets, has acquired BluePointe Capital Management
Calif.-based firm with $870 million in AUM
will give Lido a niche in advising tech industry entrepreneurs and executives in areas such as pre-liquidity event planning
“They have deep roots and a keen understanding of clients at the heart of one of the world’s foremost innovation and wealth creation centers,” Lido CEO Jason Ozur said in a statement
BluePointe founder and CEO Sanjeev Sardana will become a partner at Lido and will be joined by his team of seven
A father-son advisory team that used to be at UBS has started its own RIA with over $175 million in client assets on the Kestra Private Wealth Services platform
The new RIA was “born out of a desire to break free from the constraints of large financial institutions to create a truly client-first approach to wealth management,” according to an announcement
The Marmions also both spent time at Wells Fargo
“Turas was founded with the goal of delivering personalized
flexible financial planning solutions tailored to each client’s unique needs,” Shea Marmion said in a statement
Kestra is the independent broker/dealer subsidiary of Kestra Holdings
Strategic Blueprint, a $2.8 billion RIA subsidiary of Atlanta-based SFA Partners
has added three firms with combined client assets of $200 million
AdvicePoint and The Wealth Plan Company will become affiliates of Strategic Blueprint from their Wilmington
and Clarity Financial Advisors affiliate from the Seattle suburb of Bothell
Strategic Blueprint is succeeding by providing an alternative to the mass consolidation of RIAs into a handful of mega-firms,” Jamie Mackay
president and chief operating officer at SFA Partners
AdvicePoint was founded in 2020 by Matt Stephens
who focuses on investments and tax planning for retirees
He was an advisor with Wells Fargo before going independent in 2013 with the Wealth Plan Company
The Wealth Plan Company was founded by Brandon Haines in 2007 with broker/dealer LPL Financial and later Triad Advisors
Clarity Financial Advisors was founded by Bob Hamm and is owned by his son
SFA Partners comprises Strategic Blueprint
DayMark Wealth Partners, a Cincinnati-based RIA with $3.7 billion in assets that is part of the Dynasty Financial Partners network
has brought on a team led by an ex-Morgan Stanley advisor with about $200 million in client assets
formerly senior portfolio manager and alternative investments director at Morgan Stanley
will now be a managing partner at DayMark and lead the three-person team from his base in Park City
The advisors bring expertise in alternative asset investing
Lido Advisors LLC boosted its position in shares of The TJX Companies, Inc. (NYSE:TJX - Free Report) by 20.1% in the 4th quarter
The institutional investor owned 129,024 shares of the apparel and home fashions retailer's stock after buying an additional 21,570 shares during the quarter
Lido Advisors LLC's holdings in TJX Companies were worth $15,587,000 at the end of the most recent quarter
A number of other institutional investors and hedge funds also recently bought and sold shares of the business
Bogart Wealth LLC purchased a new stake in TJX Companies during the fourth quarter valued at about $25,000
Trivant Custom Portfolio Group LLC purchased a new stake in shares of TJX Companies in the 4th quarter valued at approximately $26,000
acquired a new position in TJX Companies in the 4th quarter worth approximately $30,000
Millstone Evans Group LLC purchased a new position in TJX Companies during the 4th quarter worth approximately $30,000
Promus Capital LLC purchased a new stake in shares of TJX Companies in the fourth quarter valued at $32,000
91.09% of the stock is owned by institutional investors and hedge funds
Insiders own 0.13% of the company's stock
Several research analysts recently weighed in on the company
Barclays upped their price target on TJX Companies from $136.00 to $137.00 and gave the company an "overweight" rating in a research report on Thursday
UBS Group boosted their price objective on shares of TJX Companies from $148.00 to $151.00 and gave the company a "buy" rating in a research report on Friday
BMO Capital Markets increased their target price on shares of TJX Companies from $133.00 to $145.00 and gave the stock an "outperform" rating in a research report on Thursday
Morgan Stanley boosted their price target on shares of TJX Companies from $130.00 to $135.00 and gave the company an "overweight" rating in a report on Tuesday
Wells Fargo & Company cut their price objective on TJX Companies from $125.00 to $115.00 and set an "equal weight" rating for the company in a report on Wednesday
Two analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company's stock
the stock presently has an average rating of "Moderate Buy" and a consensus target price of $137.06
Check Out Our Latest Analysis on TJX
Shares of NYSE TJX traded up $1.60 during trading hours on Friday
4,720,713 shares of the company's stock were exchanged
compared to its average volume of 5,353,675
The stock has a market capitalization of $144.36 billion
The company's 50-day moving average price is $122.53 and its 200-day moving average price is $121.93
The company has a debt-to-equity ratio of 0.35
a current ratio of 1.19 and a quick ratio of 0.50
has a 1-year low of $95.38 and a 1-year high of $131.30
TJX Companies (NYSE:TJX - Get Free Report) last announced its quarterly earnings data on Wednesday
The apparel and home fashions retailer reported $1.23 earnings per share (EPS) for the quarter
topping the consensus estimate of $1.16 by $0.07
The business had revenue of $16.35 billion for the quarter
compared to the consensus estimate of $16.24 billion
TJX Companies had a net margin of 8.63% and a return on equity of 61.82%
sell-side analysts expect that The TJX Companies
will post 4.18 earnings per share for the current fiscal year
May 15th will be paid a dividend of $0.425 per share
This represents a $1.70 annualized dividend and a yield of 1.32%
This is a positive change from TJX Companies's previous quarterly dividend of $0.38
TJX Companies's payout ratio is currently 39.91%
While TJX Companies currently has a Moderate Buy rating among analysts
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation
Image: Courtesy Photo
Cirque St. Armands Beachside has officially opened on Lido Key, replacing the Holiday Inn across from Lido Beach on Benjamin Franklin Drive. The new hotel is part of the Opal Collection portfolio
which also includes local hotels like The Resort at Longboat Key Club
It's now officially accepting room reservations
Armands pays homage to Sarasota's rich circus history by leaning into whimsical décor like ostrich feather chandeliers
pinstripe columns and historic photos and posters
Armands Beachside is where Sarasota’s rich circus legacy meets modern luxury,” Melissa Kaplan
“This reimagined boutique hotel brings the magic of the Big Top to life with sophisticated flair
Every detail celebrates the 'greatest show on Earth’ while offering guests the elevated hospitality
We’re excited to welcome guests to this one-of-a-kind beachside escape.”
Cirque also features a restaurant on property called Ringside
as well as a lobby bar called Midway and a poolside bar called Ringmaster
Cirque St. Armands Beachside is located at 233 Benjamin Franklin Drive, Sarasota. For more information, call (941) 388-5555 or click here
There are a few thousand people who live on Lido Key
They choose to live here for what it's like a majority of the time: sunshine and white sandy beaches
The Lido Key Residents Association is about 800 members who work with the city and local officials to help keep the island thriving
Many of these residents have been working to clean up their homes
but also for future storm water protection and beach renourishment projects
"We're working on trying to keep it that way
It's old," Carl Shoffstall with the Lido Key Residents Association said
and we get a lot of people come and see us."
The association is working on several projects to see how future storm surge can be mitigated
The next renourishment project is in about the next two years
Report a typo
The definitive guide to Portland's food scene
Oun Lido’s is on Esquire magazine’s list of the Best New Restaurants of 2024.
…Using Maine’s rightfully lauded ingredients
cooking in a space that’s still in the process of being built out
[chef Bounahcree “Bones” Kim] turns out plates that brilliantly synthesize Cambodian and Cantonese flavors
his beef salad topped with toasted rice powder is a salty-sweet-crunchy-meaty mouth party…
Oun Lido’s is one of two businesses in New England and 35 establishments overall included in the Esquire list
Do you have some details you’d like to pass on about an upcoming business or development in the Portland food scene? Then please fill out our Contact Form
The term “lido” has Italian origins, meaning a public swimming area or beach
and the cruise ship Lido Deck stays true to that spirit
typically housing the outdoor swimming pool
Curious to dive deeper into the Lido Deck meaning
Let’s explore everything that makes the Lido Deck the heartbeat of your cruise experience
Crowded sea day on Norwegian Joy (Photo: Chris Gray Faust)
The Lido Deck is where the magic happens -- think pools, hot tubs, water slides and (fingers crossed) endless sunshine. It’s your go-to spot for casual dining (yes, the buffet is here)
hit movies on a massive screen and lounging with the requisite cruise ship staple
Whether you’re taking a dip in the pool or hitting the nearby spa and fitness center
this midship hotspot is all about fun and relaxation
Adults only pool on Norwegian Joy (Photo: Chris Gray Faust)
Pools and Hot Tubs: The Lido Deck is your poolside paradise
plenty of lounge chairs and hot tubs to soothe weary post-excursion muscles
race down slides or relax in infinity pools that make it feel like you’re swimming into the horizon
Casual Dining: When you're feeling peckish outside dining times
Enjoy everything from fluffy pancakes and late-night tacos at the buffet to pizza and burgers by the pool
a piña colada is a must while you soak up the sun
this is the place to be for soaking up rays or getting lost in a vacation read
Whether you're chasing a tan or simply some downtime
this deck has a lounge chair or day bed with your name on it
Many ships offer chic cabanas for a chill escape
Entertainment: The Lido Deck is all about action – dance to live music
cheer on trivia champs or join a poolside party
enjoy movies under the stars or grab a cocktail for a sail-away party straight out of a music video
Scenic Views and Adults-Only Areas: With panoramic ocean views, the Lido Deck offers front-row seats to unforgettable sunsets. But if you’re seeking peace and quiet, many cruise lines have adults-only retreats nearby
and a more relaxed atmosphere -- all close to the action
Lido Pool Deck on HAL Koningsdam (Photo: Adam Coulter)
start with breakfast or a peaceful swim before the crowds
which is perfect for people-watching and mingling during the afternoon
it’s a laid-back spot for movies or moonlit cocktails
Lido Deck on Emerald Princess (Photo: Marilyn Borth)
Adults-only solarium onboard Quantum of the Seas (Photo: Royal Caribbean)
Carnival Cruise Line: Known for high-energy fun
Disney Cruise Line: Family-friendly with themed pools and character meet-and-greets
Norwegian Cruise Line: Offers a mix of adults-only and family spaces
Princess Cruises: Relaxed vibe with "Movies Under the Stars."
Royal Caribbean: Look for innovative features like surf simulators and outdoor movie screens
The petition was filed Saturday, organizers at Starbucks Workers United said in a news release. It sets the stage for a vote of about 15 baristas at the Newport Beach location who could potentially be represented by the union.
The petition comes in response to stagnating wages that have failed to keep up with inflation, said Mia Visiconti, a shift lead who has worked at the Via Lido location for six years. She commutes from Huntington Beach and is going to school to earn an industrial certificate, partly because she says she can’t afford to pursue a degree in environmental sciences at a four-year university.
“They’re giving us a little bit of a pay cut while the executives are making millions, hundred million dollars a year,” she said. “And the people around me are on food stamps or can’t move out of their parents’ homes.”
Another employee she described as a hard worker — who attends classes at two different college campuses — recently had their hours cut, disqualifying them from benefits.
A date for a vote to unionize the Via Lido location had not yet been set, Visconti said. If their bid to organize does pass, workers there would join 11,000 other baristas at 550 locations spread across 45 states and the District of Columbia who have done so.
Starbucks Workers United and Starbucks Corp. had been negotiating a contract for the better part of 2024. But talks broke down in December over economic issues like pay and benefits. The two sides have agreed to work with a mediator to find a path forward.
“We have made progress over the last nine months of bargaining, and we are committed to continuing to work together — with a mediator’s assistance — to navigate complex issues and reach fair contracts,” representatives for Starbucks Corp. said in a statement Thursday.
About 5,000 baristas in California and 42 other states walked off the job last Christmas Eve in protest. Workers United submitted 90 unfair labor practices complaints in January. They allege the company has closed locations that have attempted to organize, targeted pro-union employees for excessive discipline over minor issues, cut hours and performed other forms of retaliation.
Representatives for the company say they respect employees’ right to organize.
“We respect our partners right to choose, through a fair and democratic process, to be represented by a union or not to be represented by a union, and will continue to work together to make Starbucks the best job in retail,” a company spokesperson said.
Eric Licas covers Newport Beach for the Daily Pilot. He previously was a crime and public safety reporter and, before that, spent four years as a staff writer with the Orange County Register and the Southern California News Group. He has been on the ground to cover active wildfires, civil unrest and mass shootings. He was born in the Philippines, raised in the San Fernando Valley and is a Cal State Northridge alumnus.
News
Subscribe for unlimited accessSite Map
It’s been five years since Lido Pimienta’s latest LP Miss Colombia, which earned her a Grammy nomination for Best Latin Rock Or Alternative Album and, more importantly, was our Album Of The Week
the Colombian-Canadian artist is finally announcing its follow-up
The lead single “Mango” is out now
“‘Mango’ took me back to my territory
where I watched love unfold all around me,” Pimienta says
“I’ve always had an aversion to writing love songs — especially if they’re about a man (insert barfing sound)
my love life was in a nebulous state: unrequited love
love in the present — it was all I could think about
I resolved the hetero issue by keeping my love songs genderless
The record was produced alongside Owen Pallett and was influenced by the Luboš Fišer soundtrack for the film Valerie And Her Week Of Wonders
and I held on to that word fiercely — it carries so much meaning but so much emotional weight
Mainstream beauty has damaged my self-esteem
La Belleza was watching nature regenerate itself when we weren’t consuming as much
La Belleza was able to see and live near family again
realizing how much we had taken for granted
The most important stories and least important memes
The City of Sarasota is making Lido Beach more accessible for people with disabilities
providing easier access to those who need it
The city worked with the citizens with disabilities advisory board to bring this program to Lido Key
The device doesn't go in the water but gives people an opportunity to get through the sand easily
It's paid for through parking fines from drivers who have violated the ADA parking rule
"It's really fulfilling to have an experience like this
where what you're doing is directly helping the community
The EcoRover is available Monday-Friday and people can borrow it for four hours at a time
To get information on how to rent the EcoRover, click here.
Timberlake x Nike shoe collab early access
GOLF recently released its latest ranking of the Top 100 Courses in the U.S. (2024-25), a list that includes 11 newcomers
we’ll introduce you to these rookie Top 100 gems
Wis.Type: ResortYear opened: 2023Architect: Tom Doak/Brian Schneider (C.B
The course met an unkind fate in the 1940s
but not until luminaries like Bernard Darwin had lavished praise on it; Darwin said he thought Lido was the best course in the world “as a battlefield for giants.” Well
Some eight decades later Michael and Chris Keiser decided to recreate the course adjacent to their Sand Valley Resort
who open-sourced hundreds of vintage photos of the original Lido and fed them into a software program that modeled the new Lido as accurately as possible
The Keisers then hired Tom Doak and Brian Schneider (who spent more than 230 days on-site) to build the course
This process included the use of GPS bulldozers
though discretion by Doak and Schneider was certainly required in getting the green contours just right
the depth of its hazards and the size of the greens
Almost all of the great template holes are represented
Panelist Clyde Johnson calls Lido the “ultimate IQ test for golf-course architecture.” One of America’s great designs is back
Lido cannot be successfully played without careful study and planning
Truly great courses require the player to think their way through the course
Options abound and must be carefully evaluated and sorted out.”
“The Lido is one of those science experiments that ended up curing mediocrity
It reincarnates the most difficult course in the world with some of the most outstanding features in golf
delivered in their most extreme iterations
It is a journey to the center of the earth of American golf architecture
It was never a “lay of the land” course
The original scraped and piled sands in a manner meant to deliver what was then one of the toughest and most coveted courses in the U.S
“It has all of the Macdonald traits you would expect
but to actually play these versions of the Redan
Biarritz and particularly the magnificent Punchbowl 12th hole
you are in for a mind-blowing treat.”
All of our market picks are independently selected and curated by the editorial team
Lido and Adobe stock modified by Blockworks
This is a segment from the 0xResearch newsletter. To read full editions, subscribe
Lido, which holds about 27% of staked ether, is out with its v3 plans today
At the heart of this upgrade is stVaults — modular smart contracts designed to provide greater flexibility
boost institutional adoption and engender deeper DeFi integration
calls stVaults “a flexible foundation for the next phase of staking [that] upholds the security and decentralization the Lido protocol is known for.”
stVaults introduce a modular staking framework with components that operate alongside the Lido Core Protocol
This allows for customized validator setups
adjustable fee structures and optimized risk-reward profiles — including restaking
Subscribe to Blockworks Daily
V3 is anticipated to grow institutional interest in Ethereum staking, as stVaults should provide the customizable infrastructure needed to support regulated staking products and new financial instruments like staking-enabled ETFs
the structure enables participation from independent validators
stVaults aim to allow staking setups that align with compliance requirements
controlled deposit and withdrawal processes and optimized fee structures
node operators can presumably offer bespoke staking products
attracting high-volume stakers and diversifying revenue streams
Curators and asset managers leveraging stETH as collateral will be able to implement advanced staking strategies that integrate with the broader DeFi ecosystem
This allows participants to engage with restaking protocols while mitigating exposure to restaking risks for the Lido Core Protocol
A separate vault token can have its own liquidity and DeFi integrations, a Lido spokesperson told Blockworks. “Mellow has done something similar
but the key difference here is that this variant can be directly linked to a specific node operator
The BORG Foundation enhances Lido’s ability to form institutional partnerships
ensure compliance and provide additional governance safeguards
The foundation allows Lido DAO to directly appoint and remove directors
oversee multisig management and provide indemnification for contributors
the BORG framework aligns with Lido v3’s focus on institutional grade staking infrastructure
Lido maintains that stVaults will also contribute to Ethereum’s decentralization. Lido dominance has been a concern for the more strident decentralization advocates in the past
The Reserve Ratio (RR) mechanism ensures a portion of staked ETH remains bonded as collateral
enhancing security and preventing excessive rehypothecation
This model fosters a more decentralized validator network
ensuring Ethereum staking remains both robust and liquid
V3 maintains liquidity through stETH fungibility and in-protocol redemptions
making it easier for stakers to enter and exit positions without disrupting the broader market
Pending approval from the Lido DAO
the rollout of Lido v3 will proceed in three phases:
With the combined advancements of Lido v3’s modular staking infrastructure and the Lido Ecosystem BORG Foundation
Lido is cementing its role as a foundational component of Ethereum staking
Blockworks Daily
Digital Asset Summit 2025
Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders
and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad
Permissionless IV
Permissionless IV serves as the definitive gathering for crypto’s technical founders
and builders to come together and create the future.If you’re ready to shape the future of crypto
Permissionless IV Hackathon
Blockworks and Cracked Labs are teaming up for the third installment of the Permissionless Hackathon
This is a 36-hour IRL builder sprint where developers
and creatives ship real projects solving real problems across […]
Union’s improvements upon Tendermint consensus through CometBLS
and low latency IBC implementation that is feasibly scalable across every existing blockchain
The implementation offers modular crosschain interoperability without the need for trusted intermediaries
by Luke Leasure
Breaking headlines across our core coverage categories.
A newly submitted SEC pilot proposal aims to tokenize US equities
BusinessForward Guidance Newsletter
As Schwab plots crypto trading upon “more clarity in the regulatory environment,” Morgan Stanley is reportedly interested too
The DropWeb3
including 8 of the 10 largest gaming markets
aren’t allowed to access the upcoming crypto game
0xResearch NewsletterBusiness
DeFiEmpire Newsletter
Kraken’s chief security officer Nick Percoco said the exchange turned the tables on a North Korean hacker
The Breakdown
Or is it approximately the least cypherpunk thing we could do
Get the daily newsletter that helps thousands of investors understand the markets
Unlock crypto's most powerful research platform
Our research packs a punch and gives you actionable takeaways for each topic
The timeless and classic Lido Theater is offering a cinematic treat this month with a dozen timeless and classic films under the banner “12 Days of Christmas Movies” series
Some of the most famous holiday films including “Elf,” “Home Alone” and “It’s a Wonderful Life” will be shown on the big screen in the Lido Theater
recently restored to its 1930s charm and beautifully decorated for the season
seasonal concessions including hot cocoa and eggnog will be available along with popcorn and candy
Tickets for The Lido’s 12 Days of Christmas Movies series are $10 each and available for purchase online at www.thelidotheater.com/events
Parking for The Lido Theater is located in the Via Lido Plaza parking lot with free parking off Finley Avenue
For more information about The Lido Theater, to inquire about hosting a private event and to stay up-to-date on the future entertainment schedule of live music, movies, and other events visit www.TheLidoTheater.com
has been a prominent fixture in the community for 85 years
the theater has been recently restored to its original Art Deco design by owner Fritz Duda Company and is operated by Hollywood producer Joseph McGinty Nichol
and his company River Jetty Restaurant Group
The theater reopened to the public in the fall of 2024 and is now a versatile venue that hosts a variety of events including screenings
The Lido Theater reopened last month after a five-year renovation project that was prolonged by the pandemic
In addition to a new state-of-the-art digital projection and sound system
and carpet reminiscent of Hollywood’s Golden era
Now comes one more notable new addition: a pop-up café
which is part of the River Jetty Restaurant Group (operators of A Restaurant) which has been named as the new operator of The Lido Theater
the Lido Theater pop-up café takes over the concession stand in the theater’s lobby to offer breakfast and lunch favorites from A Market
Café guests are invited to watch a complimentary movie in the theater or enjoy their meal at a table on the patio under the marquee
The menu features assorted fresh-baked goods and made-to-order sandwiches as well as grab-and-go favorites
Breakfast items include a Breakfast Sandwich with white American cheese and fried pastured eggs on Texas toast
while the lunch menu features a classic Grilled Cheese sandwich
Ampong the grab-and-go items are Tuna Salad
Parking for The Lido Theater is located in the Via Lido Plaza parking lot off of Finley Avenue. For more information, visit https://www.thelidotheater.com
located at 930 Benjamin Franklin Drive and situated right on the water
Developed in partnership with Wheelock Street Capital
the 11-story project includes 65 beachfront residences
Units range from $6.8 million to $15 million; each is three or four bedrooms
with sizes ranging from 3,300 square feet to 5,000 square feet
Rosewood sits where Coquina on The Beach and the Gulf Beach Resort Motel used to be
the Gulf Beach Resort Motel was sold to the Ronto Group in 2021 for $23.5 million
The firm purchased Coquina on the Beach for $15 million that same year
Construction on Rosewood Residences began in January 2024 and reached a milestone in November with the "topping out" of its 11-story structure, signaling the completion of vertical construction. The development is slated to be done in early 2026. It’s the first exclusively residential property under the Rosewood brand
which is known for its luxury hotels and resorts
And while the local condo market has seen an increase in inventory and a decrease in prices due to a spike in owner's fees—the result of Miami's Surfside collapse and new requirements for safety reserves—these kinds of ultra-luxury units are actually in demand
“People are starting to realize they want out of older homes and condos," says Anthony Solomon
particularly with the new [building] codes and the added elevation."
monthly fees at the Rosewood Residences will range from $4,277 to $6,250 a month
which only residents will be able to access
all spanning nearly 30,000 square feet of indoor space
State-of-the-art features include impact-rated
low-E glass windows and dedicated generator circuits in each unit
with interiors designed by Lillian Wu of New York City’s Lillian Wu Studio
who's known for her work on other Rosewood properties in Doha
Residents will also have access to in-residence dining
A la carte items offer pre-move-in provisioning
childcare and transportation assistance in an effort to make day-to-day life as seamless as possible
“We like to describe it as offering the benefits of a hotel without the presence of transient guests," Solomon says
"Some people appreciate the energy that comes with a hotel setting
but others prefer the high-end amenities without tourists
unfamiliar faces or large events like weddings and conferences."
“Residents won't have to worry about not having reservations [for dinner] in season
Grandkids can come down and get chicken fingers at the restaurant
Families can have quality time together and not have to think about anything else.”
"Buyers for this type of property aren't the same buyers looking for resales," he continues
They're not interested in purchasing older properties just to get a better deal.”
Global real estate and investment management firm JLL arranged $173.5 million in construction financing for the project and represented the borrowers, Ronto Group and Wheelock Street Capital, to secure the loan through Bank OZK, according to a release
And while Hurricanes Helene and Milton did affect construction
"There was a lot of sand that had to be cleared
Securing the crane and reinstating it was another challenge
but the main task was cleaning up the sand
which was open on the ground level at the time
Rosewood Residences' sales gallery is located at 540 John Ringling Blvd., Sarasota. For appointments, call 941-888-3131. Click here to learn more
Head of International Distribution at FRNT Financial
Head of Institutional Relations at Lido DAO
unpacked the sentiment surrounding Ethereum’s lagging performance — even as major institutions bet big on its future
And obviously it's underperformed,” he asked Gilbert
Ethereum is down 46.8% over the past year and is currently trading at $1,584.56
The 24-hour range sits between $1,551.41 and $1,607.12
Gilbert acknowledged the challenge but pointed to deeper structural issues
“A big part of the feedback we'd heard from meeting the issuers and the big asset managers in New York is that they just felt like the BD [business development] effort had become fragmented,” he explained
Lido DAO is a decentralized autonomous organization that provides liquid staking solutions
allowing users to stake assets like Ethereum while still using them in DeFi
Lido is one of the largest staking platforms in the crypto ecosystem
“Solana effectively did that really well
They were the tip of the spear… It was quite this unified BD effort where it kind of felt over the past couple of years
Gilbert believes this is starting to change
“Given that kind of positive transition phase I think ETH is in right now
you have the Ethereum Enterprise Alliance doing terrific work
I definitely think the EEA is kind of transitioning away from just doing protocol or standards
focusing more on the BD effort,” he said
“You obviously have Etherealize now ramping up and doing excellent work
It's this maturity that the BD effort needs to really ramp up if ETH doesn't want to lose its position.”
Brickell then likened Ethereum’s current situation to the early 2000s post-dotcom bubble
“It reminds me a little bit of the dotcom bubble
and when that all crashed and Bezos was saying about Amazon
it was like the price wasn't doing anything… but yet the internal kind of metrics of the business were going continues to improve,” he said
“And I sometimes think about that with ETH.”
noting the involvement of giants like BlackRock as a bullish signal
“If BlackRock chooses your network or chain or whatever it may be
it's a terrific endorsement,” he said
They place big bets and they place winning bets.”
he admitted the market isn’t reflecting it yet
it's hard to know… ETH is just a little bit unloved,” Gilbert concluded
“There’s probably a lot of money sitting on the sidelines waiting to see what happens over the next couple of months.”