In a recent development, Agrify Corp (NASDAQ:AGFY), a company specializing in agriculture services, has amended a financial agreement to increase its borrowing capacity. On Monday, the company entered into a modification of its existing Junior Note with CP Acquisitions, LLC, which is managed by Agrify’s CEO Raymond N. Chang and board member I-Tseng Jenny Chan. The amendment, dated October 18, 2024, raises the maximum principal amount of the Junior Note from $1.5 million to $3 million, while maintaining the original conversion price of $3.9495 per share. The note, which bears an interest rate of 10% per annum, is set to…
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The Rivian R1T’s lack of a factory installed powered tonneau cover has opened the door for aftermarket suppliers to innovate. One such company is already promising a solar-powered tonneau cover. As solar technology becomes more accessible, there’s growing interest in harnessing the sun’s energy for various applications, including electric vehicles. While GoSun’s fold out solar canopy offers a charging solution, its size and potential impact on aerodynamics may limit its effectiveness. Tesla’s patented solar tonneau cover, though never produced, demonstrated the feasibility of integrating solar panels into a vehicle’s design without compromising its aesthetics or performance. Worksport Solis: Solar Powered…
In this photo illustration, ZYN nicotine cases are seen on a table on January 29, 2024 in New York City. Michael M. Santiago | Getty ImagesPhilip Morris International shares reached record highs Tuesday after the tobacco company’s Zyn brand reported soaring demand.Shares of the Connecticut-based company jumped to $131.97 at session highs, marking a new intraday record. The stock notched an all-time closing high and saw its biggest one-day gain since October 2008.Tuesday’s record comes after the company touted an eye-popping increase in shipments of its Zyn oral nicotine pouches. It’s the latest milestone in the stock’s breakout this year as…
The Studebaker Golden Hawk, a pinnacle of American automotive design in the late 1950s, stands as a testament to the company’s ambitious pursuit of luxury and performance. Born from a corporate merger with Packard, the Golden Hawk emerged as a flagship model, showcasing Studebaker’s innovative spirit and engineering prowess. With its sleek lines, powerful V8 engine, and opulent interior, the Golden Hawk offered a compelling alternative to the more established luxury car brands of the era. Despite the company’s eventual demise, the Golden Hawk’s legacy lives on as a symbol of American automotive excellence. Restored 1957 Studebaker Golden Hawk Shines…
NEW YORK – Getty Realty Corp . (NYSE: NYSE:), a real estate investment trust (REIT) specializing in convenience, automotive, and other single-tenant retail properties, has increased its quarterly cash dividend. The company’s Board of Directors announced the dividend hike to $0.47 per common share, marking a 4.4% rise from the previous payout. The new dividend is scheduled to be distributed on January 9, 2025, to shareholders of record as of December 26, 2024. This move reflects the company’s continued commitment to delivering shareholder value through regular dividend payments. As of June 30, 2024, Getty Realty’s portfolio boasted 1,124 freestanding properties…
Investing.com — Shares of Advanced Micro Devices (NASDAQ: NASDAQ:) fell over 3% on Tuesday following cautious remarks from Morgan Stanley, highlighting concerns about the company’s AI supply chain strategy. Analysts said in a note that AMD appears to have reduced its CoWoS wafer bookings at Taiwan Semiconductor Manufacturing Company (TSMC) for 2025 due to uncertainty about MI325 demand. “AMD seems to have trimmed some CoWoS wafer booking at TSMC for 2025 given uncertainty around MI325 demand,” Morgan Stanley stated. The move suggests that AMD is taking a conservative approach to managing potential fluctuations in demand for its AI processors. However, Morgan…
By Levi McAllister, Stacie Hartman and Pamela Wu ( October 22, 2024, 4:21 PM EDT) — On Oct. 2, the U.S. government announced parallel prosecutions against CQC Impact Investors LLC, a developer of various projects that are certified to generate carbon offsets, alleging that it engaged in a fraudulent scheme designed to inflate the number of offsets awarded to the projects.[1]… Law360 is on it, so you are, too. A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more…
By Levi McAllister, Stacie Hartman and Pamela Wu ( October 22, 2024, 4:21 PM EDT) — On Oct. 2, the U.S. government announced parallel prosecutions against CQC Impact Investors LLC, a developer of various projects that are certified to generate carbon offsets, alleging that it engaged in a fraudulent scheme designed to inflate the number of offsets awarded to the projects.[1]… Law360 is on it, so you are, too. A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more…
A 2017 Chevrolet Corvette, once a prized possession, now lies in a state of utter disrepair. The once sleek and powerful sports car has been reduced to a mere skeleton, a victim of theft and vandalism. The thieves, with a calculated precision that belied their criminal intentions, stripped the vehicle of everything they could. The engine, transmission, wheels, interior, and even the spare tire were all removed, leaving behind a hollow frame that bears little resemblance to its former self. 2017 Chevrolet Corvette Found Stripped and Vandalized, Highlighting Auto Theft Epidemic (IAAI) The Corvette’s current condition is a stark contrast…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Dividend investing often takes a back seat when the market is focused on tech growth stocks, especially today when AI drives much of the market hype. But hype does not last long and long-term investors should prefer solid income-generating stocks for good times and dry spells. The performance of dividend stocks is best understood over long-term horizons. According to a report from Richard C. Young Investment Advisors, dividends and reinvested dividends have accounted for about 60% of the S&P 500’s total return over…