Cannae Hlds

Cannae Holdings, Inc. engages in the management and operation of a group of companies and investments. It operates through the following segments: Dun & Bradstreet, Optimal Blue, Restaurant Group, and Corporate and Other. The Dun & Bradstreet segment offers business decision data and analytics. The Optimal Blue segment is involved in secondary market solutions and actionable data services. The Restaurant Group segment consists of the operations of O'Charley's, 99 Restaurants, Legendary Baking Holdings I LLC, and VIBSQ Holdco LLC. The Corporate and Other segment covers the share in the operations of certain controlled portfolio companies and other equity investments. The company was founded on April 21, 2017 and is headquartered in Las Vegas, NV.

Earnings data Q1 2021

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Earnings data Q3 2021

Earnings data Q4 2021

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Earnings data Q2 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Cannae Holdings excels in Q4 2022 with strategic investments and buybacks

Cannae Holdings' Q4 2022 earnings call highlighted robust performance, strategic investments, and proactive financial management under CEO Richard Massey.
The company's focus on shareholder value through buybacks and acquisitions, coupled with diversified investments, showcases a promising outlook for future growth.
While challenges in maximizing buyback authorizations and addressing investor inquiries exist, Cannae Holdings has opportunities to strengthen its position and drive value creation.

Cannae Holdings Inc. emphasizes portfolio value and strategic management

Cannae Holdings Inc. Q1 2023 earnings call highlighted undervaluation of portfolio companies, strategic commercial strategies, and focus on prudent portfolio management. Analysts raised questions on stock buybacks, potential sales, and profitability.

Cannae Holdings excels in Q2 with strategic buybacks and growth potential

Cannae Holdings Inc. demonstrated strong financial performance and strategic focus on enhancing shareholder value through share repurchases.
While facing challenges such as slower progress at Sightline and SEC classification issues, the company remains poised to capitalize on growth opportunities.
By leveraging undervalued portfolio assets and maintaining a proactive approach to capital allocation, Cannae is positioned for sustained success.

Cannae Holdings Inc. excels in Q3 with robust buybacks and growth opportunities

Cannae Holdings Inc. delivered a strong performance in Q3 2023, driven by a successful stock buyback strategy and positive portfolio company performance. While facing challenges in certain investments, the company is poised for growth with opportunities to enhance shareholder value through accelerated buybacks and strategic operational improvements.

Cannae Holdings announces $200M stock repurchase plan, eyes strategic partnerships

Cannae's Q4 2023 earnings call highlighted a strong performance, strategic investments, and a focus on delivering value to shareholders. The company's financial health, diverse investment strategies, and optimistic outlook for future opportunities position it well for growth.

Cannae Holdings reports strong Q1 performance, focuses on value growth

Cannae Holdings Inc. delivered a robust performance in Q1 2024, focusing on enhancing shareholder value and operational efficiency.
The company's strategic moves to streamline operations, optimize investments, and manage its portfolio demonstrate a commitment to long-term growth.
While facing challenges in dividend sustainability and funding strategies, Cannae remains poised to capitalize on opportunities for further growth and value creation.

Cannae Holdings reports robust Q3 performance and strategic growth plans

Cannae Holdings' Q3 earnings call highlighted strong performance, successful acquisitions, and a commitment to shareholder value creation.
While facing challenges like liquidity concerns at Sightline, the company's solid balance sheet and strategic focus position it for long-term success.
Opportunities for growth through new investments and portfolio optimization underscore Cannae's dedication to maximizing shareholder returns and portfolio value.

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Cannae Holdings, Inc. engages in the management and operation of a group of companies and investments. It operates through the following segments: Dun & Bradstreet, Alight, Restaurant Group, Black Knight Football and Entertainment and Corporate and Other. The Dun & Bradstreet segment offers business decision data and analytics. The Alight segment provides services including total employee wellbeing, integrated benefits administration, healthcare navigation, financial wellbeing, leave of absence management, retiree healthcare and payroll. The Restaurant Group segment consists of the operations of O'Charley's, 99 Restaurants, Legendary Baking Holdings I LLC, and VIBSQ Holdco LLC. The Corporate and Other segment covers the share in the operations of certain controlled portfolio companies and other equity investments. The company was founded on April 21, 2017 and is headquartered in Las Vegas, NV.

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE:CNNE) (“Cannae” or the “Company”) today announced the appointment of two new board members to the Company's board of directors, effective February 18, 2021. Joining the board are Barry Moullet and David Aung. These appointments increase Cannae's total board membership to 11. Mr. Moullet was appointed to Cannae's Compensation Committee of the board and Mr. Aung was appointed to Cannae's Corporate Governance and Nominating Committee of the b

Cannae Holdings, Inc. Announces Appointment of Two New Board Members

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE:CNNE) (“Cannae” or the “Company”) today announced that Austerlitz Acquisition Corp. II (“ASZ”) has filed a registration statement on Form S-1 (the “Registration Statement”) with the Securities and Exchange Commission (the “SEC”) relating to the proposed initial public offering of 100,000,000 units at a price of $10.00 per unit, each consisting of one share of AUS Class A common stock, and one-fourth of one redeemable warrant. Each whole wa

Cannae Holdings, Inc. Announces Austerlitz Acquisition Corp. II Filing of S-1

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE:CNNE) (“Cannae” or the “Company”) today announced that Austerlitz Acquisition Corp. I (“AUS”) has filed a registration statement on Form S-1 (the “Registration Statement”) with the Securities and Exchange Commission (the “SEC”) relating to the proposed initial public offering of 50,000,000 units at a price of $10.00 per unit, each consisting of one share of AUS Class A common stock, and one-fourth of one redeemable warrant. Each whole warr

Cannae Holdings, Inc. Announces Austerlitz Acquisition Corp. I Filing of S-1

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE:CNNE) (“Cannae” or the “Company”) today announced that the Company will release its fourth quarter and full year 2020 financial results after the market close on Monday, February 22, 2021. The Company will also hold a conference call to discuss its financial results at 5:00 pm (Eastern Time) on the same day. The conference call can be accessed by dialing 1-877-300-8521 (domestic) or 1-412-317-6026 (international) and asking for the Cannae

Cannae Holdings, Inc. Announces Fourth Quarter and Full Year 2020 Earnings Release Date and Conference Call

Foley Trasimene Acquisition Corp

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE:CNNE) (“Cannae” or the “Company”) today announced that the Company, in conjunction with the announced Foley Trasimene Acquisition Corp. (NYSE: WPF, WPF WS) (“Foley Trasimene”) and Alight Solutions (“Alight”) definitive merger, will invest $250 million as part of a private placement. This investment is in addition to Cannae's forward purchase agreement of $150 million, both of which will occur concurrently with the closing of the Foley Tras

Cannae Holdings, Inc. Announces $250 Million Investment in Foley Trasimene Acquisition Corp. and Alight Solutions Merger

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Seer

Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it. So insider buying can be an encouraging signal for potential investors, particularly when there is uncertainty in the markets, as there has been as the pandemic worsens.

Notable Insider Buys Of the Past Week: Avis Budget, Biotech IPOs And More

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE:CNNE) (“Cannae” or the “Company”) today announced that the Company, in conjunction with the announced Foley Trasimene Acquisition Corp. II (NYSE: BFT, BFT WS) (“Foley Trasimene”) and Paysafe Group Holdings Limited (“Paysafe”) definitive merger, invested $350 million as part of a private placement. This investment is in addition to Cannae's forward purchase agreement of $150 million, both of which will occur concurrently with the closing of

Cannae Holdings, Inc. Announces $350 Million Investment in Foley Trasimene Acquisition Corp. II and Paysafe Merger

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE:CNNE) (“Cannae” or the “Company”) today announced the promotion of David Ducommun to President effective January 1, 2021, succeeding Brent Bickett who, as previously announced, will transition to the role of Strategic Advisor. In addition to the role of President, Mr. Ducommun will remain Managing Director at Trasimene Capital Management, LLC. “I would like to congratulate David on his promotion to President.” commented William P. Foley, I

Cannae Holdings, Inc. Announces Promotion of David Ducommun to President

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE:CNNE) today announced that Brent B. Bickett will transition from his role as President of the Company to a role as a Senior Advisor to Cannae effective December 31, 2020. “Brent has been the M&A leader for many of the companies I have been involved with over the past 21 years,” commented Chairman William P. Foley II. “I would like to thank Brent for his service to Cannae and I look forward to continuing to work with Brent in his new ro

Cannae Holdings, Inc. Announces Transition of Brent B. Bickett to Senior Advisor

CoreLogic

NEW YORK & LAS VEGAS--(BUSINESS WIRE)--Senator Investment Group LP (“Senator”) and Cannae Holdings, Inc. (NYSE: CNNE), (“Cannae”), today announced that they have delivered a request to CoreLogic, Inc. (“the Company”) (NYSE:CLGX) to set a record date in connection with a potential solicitation of written consents to remove and replace directors at the Company. Senator and Cannae issued the following statement: “We are hopeful that CoreLogic's Board will heed the clear mandate shareholders expres

Senator and Cannae Initiate Written Consent Process to Be Able to Remove and Replace Directors at CoreLogic

NEW YORK & LAS VEGAS--(BUSINESS WIRE)--Senator Investment Group LP (“Senator”) and Cannae Holdings, Inc. (NYSE: CNNE), (“Cannae”), today announced that, based on the preliminary report provided by its proxy solicitor, shareholders have overwhelmingly voted to remove CoreLogic, Inc.'s (“the Company”) (NYSE:CLGX) longest tenured directors: J. David Chatham, David F. Walker and Thomas O'Brien, and replace them with Senator and Cannae nominees W. Steve Albrecht, Wendy Lane and Henry W. “Jay” Winshi

CoreLogic Shareholders Overwhelmingly Elect Senator and Cannae Nominees to Board

NEW YORK & LAS VEGAS--(BUSINESS WIRE)--Senator Investment Group LP (“Senator”) and Cannae Holdings, Inc. (NYSE: CNNE), (“Cannae”), today announced that a leading proxy advisory firm, Glass, Lewis & Co., LLC (“Glass Lewis”), has recommended: Shareholders vote on the GOLD proxy card in support of Senator and Cannae nominees W. Steve Albrecht, Wendy Lane, Ryan McKendrick, and Henry W. “Jay” Winship; Shareholders remove CoreLogic's Chairman, Paul Folino, as well as the Company's longest tenured

Glass Lewis Calls for Removal of Paul Folino, CoreLogic's Chairman – As Well As Three Additional Directors – and Recommends Shareholders Vote for Senator and Cannae Nominees on the Gold Card

NEW YORK & LAS VEGAS--(BUSINESS WIRE)--Senator Investment Group LP (“Senator”) and Cannae Holdings, Inc. (NYSE: CNNE), (“Cannae”), today announced that a leading proxy advisory firm, Institutional Shareholder Services Inc. (“ISS”), has recommended: Shareholders vote on the GOLD proxy card in support of Senator and Cannae nominees W. Steve Albrecht, Wendy Lane, and Henry W. “Jay” Winship; Shareholders remove CoreLogic's longest tenured directors, J. David Chatham, Thomas C. O'Brien, and David F.

ISS Concludes Shareholders Must Vote on the Gold Card for Senator and Cannae Nominees to Ensure Legitimate Sales Process

LAS VEGAS & NEW YORK--(BUSINESS WIRE)--Senator Investment Group LP (“Senator”) and Cannae Holdings, Inc. (NYSE: CNNE), (“Cannae”), today announced that their nine highly qualified nominees for election to the CoreLogic, Inc. (NYSE: CLGX), (“CoreLogic” or the “Company”) Board of Directors (the “Board”) have issued an open letter to the Company's shareholders. The full text of the letter is below and is also available at www.UnlockingCoreLogic.com. Dear CoreLogic Shareholders, We are the director

Senator Investment Group and Cannae Holdings Director Nominees Issue Open Letter to CoreLogic Shareholders

LAS VEGAS & NEW YORK--(BUSINESS WIRE)--Senator Investment Group LP (“Senator”) and Cannae Holdings, Inc. (NYSE: CNNE), (“Cannae”) today issued the following statement regarding CoreLogic, Inc. (NYSE: CLGX), (“CoreLogic” or the “Company”): “As we have always stated, our goal is to see CoreLogic carry out a legitimate sales process, whether that results in a sale to us or a sale to a higher bidder. We will vote in favor of and support any deal that maximizes value for all shareholders of the Comp

Senator Investment Group and Cannae Holdings Comment on Recent CoreLogic News

Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at delivering attractive risk-adjusted returns rather than following the ups and downs of equity markets hoping that they will outperform the broader market. Our research shows that certain hedge funds do have great stock picking skills (and we can identify these hedge funds in advance pretty accurately), so let's take a glance at the smart money sentiment towards Cannae Holdings, Inc. (NYSE:CNNE).

Were Hedge Funds Wrong About Piling Into Cannae Holdings, Inc. (CNNE)?

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE:CNNE) (“Cannae” or the “Company”) today announced that it will release financial results for the third quarter ended September 30, 2020 on Monday, November 9, 2020, prior to market open. Results will be posted to the Company's Investor Relations section of the website at https://investor.cannaeholdings.com/ in the form of a quarterly letter. About Cannae Holdings, Inc. Cannae Holdings, Inc. (NYSE: CNNE) is a holding company engaged in acti

Cannae Holdings, Inc. Announces Third Quarter 2020 Earnings Release Date

LAS VEGAS & NEW YORK--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE:CNNE), (“Cannae”) and Senator Investment Group LP (“Senator”), which, directly or through affiliated entities, jointly own or have an economic interest equivalent to approximately 15% of the outstanding shares of CoreLogic, Inc. (NYSE:CLGX), (“CoreLogic” or the “Company”), today released an investor presentation detailing the case for electing nine new independent directors to the CoreLogic Board to ensure that the Company carri

Cannae Holdings and Senator Investment Group Issue Detailed Investor Presentation Highlighting Case for Electing Nine New Independent Directors to CoreLogic Board

LAS VEGAS & NEW YORK--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE), (“Cannae”) and Senator Investment Group, LP (“Senator”), which, directly or through affiliated entities, jointly own or have an economic interest equivalent to approximately 15% of the outstanding shares of CoreLogic, Inc. (NYSE: CLGX), (the “Company”), today sent a letter to the Company’s shareholders in connection with the filing of their Definitive Proxy Statement. The letter outlines the case for electing nine new in

Cannae Holdings and Senator Investment Group Send Letter to CoreLogic Shareholders

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE:CNNE) (“Cannae”) today announced that Black Knight, Inc.

Cannae Holdings, Inc. Announces Black Knight’s Completed Acquisition of Optimal Blue

LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (“Cannae” or the “Company”) (NYSE: CNNE) today announced that Foley Trasimene Acquisition Corp.

News for Cannae Hlds Stock (CNNE)