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Business

W. P. Carey's Valuation Conundrum: A Deep Dive After a 31% Surge

Shares of diversified REIT W. P. Carey have delivered a robust 31% return over the past year, prompting investors to question whether the current price near $69 represents fair value or an opportunity. A closer look reveals a complex picture where traditional metrics and cash flow models tell conflicting stories.

World

Colombian President's Remarks on Jesus Spark Outcry Among Faithful

President Gustavo Petro's suggestion that Jesus Christ had a romantic relationship with Mary Magdalene has drawn sharp criticism from religious groups and believers, igniting a heated debate about the boundaries between political speech and religious respect in the predominantly Christian nation.

Business

Ericsson's Strong Q4 Performance Catches Value Investors' Eye

The Hotchkis & Wiley Global Value Fund credited Ericsson (ERIC) as a key driver of its fourth-quarter returns, as the telecom equipment maker's shares surged. The fund's latest investor letter details how strategic stock picks, particularly in non-U.S. markets, fueled its outperformance against a global benchmark.