Stewart Information (STC) Consolidates Western U.S. Presence

Stewart Information Services Corporation STC acquired 57 title offices in the states of Arizona, Colorado and Nevada from ET Investments for $105 million. The acquisition is in sync with the acquirer’s strategy to improve scale and competitive position in priority markets where it has been underrepresented. Shares of the company gained 5.9% in yesterday’s trading session, reflecting investor optimism.

These title offices have generated more than $20 million in pre-tax income. Stewart Information Services expects the transaction to be accretive immediately to recent equity raise of more than $100 million. The acquisition will help boost the company’s presence in western United States.

This Zacks Rank #1 (Strong Buy) global real estate services company remains focused on growing its core Title business and thus has a sizable merger and acquisition pipeline. The acquisition of United States Appraisals in June 2020 adds scales to existing business as well as provides cross-selling opportunities

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How YouTube’s bias algorithm hurts those looking for information on health

YouTube hosts millions of videos related to health care.

The Health Information National Trends Survey reports that 75% of Americans go to the internet first when looking for information about health or medical topics. YouTube is one of the most popular online platforms, with billions of views every day, and has emerged as a significant source of health information.

Several public health agencies, such as state health departments, have invested resources in YouTube as a channel for health communication. Patients with chronic health conditions especially rely on social media, including YouTube videos, to learn more about how to manage their conditions.

But video recommendations on such sites could exacerbate preexisting disparities in health.

A significant fraction of the U.S. population is estimated to have limited health literacy, or the capacity to obtain, process and understand basic health information, such as the ability to read and comprehend

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Portsmouth sailor charged with giving classified information to a Russian

A Navy sailor stationed in Portsmouth is facing charges that he gave classified information to a Russian he knew.

Chief Petty Officer Charles T. Briggs is scheduled to be arraigned next week at a general court-martial. Military court documents don’t say what kind of information he’s accused of giving the Russian or how he knew the person.

Briggs, who works in information and technology at Naval Medical Center Portsmouth, is charged with unauthorized distribution of classified information obtained from a government computer, obstructing justice, communicating defense information, possessing child pornography, attempting to view child pornography, two counts of violating a general regulation and three counts of making false official statements.

According to the charge sheet, Briggs used a government computer to get secret information on or around Jan. 9, 2019, and had reason to believe the information could be used to “injure the United States or benefit a foreign national.”

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Should Wise Talent Information Technology Co., Ltd’s (HKG:6100) Weak Investment Returns Worry You?

Today we are going to look at Wise Talent Information Technology Co., Ltd (HKG:6100) to see whether it might be an attractive investment prospect. Specifically, we’ll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires.

First, we’ll go over how we calculate ROCE. Second, we’ll look at its ROCE compared to similar companies. And finally, we’ll look at how its current liabilities are impacting its ROCE.

Understanding Return On Capital Employed (ROCE)

ROCE measures the ‘return’ (pre-tax profit) a company generates from capital employed in its business. Generally speaking a higher ROCE is better. Overall, it is a valuable metric that has its flaws. Author Edwin Whiting says to be careful when comparing the ROCE of different businesses, since ‘No two businesses are exactly alike.

How Do You Calculate Return

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