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Four Major Brands introduce the Athena Pledge, Catalyzing Unprecedented Investment, Research and … [+] Access in Women’s Sports.Deloitte In a professional sports landscape where women get just 10% of sponsorship dollars, 15% of media coverage, and a fraction of broadcast rights fees compared to men’s sports, four major brands just made a public pledge to invest big in women’s sports. The Athena Pledge – which is a first-of-its-kind platform – has four founding members including AT&T, Capital One, Cisco and Deloitte, who have united to advance strategic efforts around women’s sports. The goal of the pledge is two-fold: 1) To…

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STAMFORD, Conn., Oct. 21, 2024 (GLOBE NEWSWIRE) — The Lovesac Company (Nasdaq: NASDAQ:) (Lovesac or the Company), the home furnishing brand best known for its Sactionals, The World’s Most Adaptable Couch, announced that it will host an Investor Day in New York City, NY on Tuesday, December 17 at 10 a.m. Eastern Time. Chief Executive Officer, Shawn Nelson, President and Chief Operating Officer, Mary Fox, Executive Vice President and Chief Financial Officer, Keith Siegner, and other members of the senior leadership team will provide an in-depth review of the company’s strategic framework, new products and growth initiatives, commitment to operational…

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The pricing trajectory of the Ford Mustang Mach-E since its introduction in 2021 has been quite volatile, resembling the ups and downs of a rollercoaster. In May 2023, Ford made significant cuts to the vehicle’s pricing, and this trend has continued into recent months. For the 2025 model year, another price reduction is being implemented across various trims, indicating Ford’s ongoing efforts to remain competitive in the electric vehicle market. For the 2025 model year, the Mach-E is expected to hit the market in early 2025, with a new starting price for the entry-level model set at $38,490. This price…

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Please Register or Sign in to view this content. Quantum Commodity Intelligence is a premium paid subscription service for professionals in the oil, biofuels, carbon and ammonia markets. Quantum Carbon service subscribers have access to: Daily price assessments Market news and price commentary Fundamental trade data Quantum Carbon Daily – market report sent to your email Get in touch with us for subscription information on all Quantum platforms, or help with the service. Source link

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Image source: Getty Images The FTSE 250 often gets less attention than the flagship FTSE 100 index of leading companies. But both contain a number of household names. The FTSE 250, for example, includes well-known companies such as Burberry (LSE: BRBY), Games Workshop, Ocado, and ITV. Could investing in the index potentially be a recipe for success? Storming recent performance Looking back over the past 12 months, the FSTE 250 has increased in value by 23%. That means that if I had put £20,000 into the index one year ago (for example, via an index tracker fund) my investment ought…

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Baird has reaffirmed its positive outlook on Boeing (NYSE: NYSE:), maintaining an Outperform rating and a price target of $240.00. The aerospace giant and the International Association of Machinists (IAM) 751 union have reached a tentative contract agreement, with a vote scheduled for Wednesday, October 23, which could potentially conclude the month-long strike. Additionally, Boeing is set to release its third-quarter financial results on the same day, anticipating a revenue of $17.8 billion. However, the company expects a GAAP loss per share of ($9.97) and an operating cash flow of ($1.3) billion. The analyst from Baird highlighted the upcoming events…

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Lumen And Meta Join Forces To Boost AI With Flexible, On-Demand Network SolutionsLumen Technologies, Inc. (NYSE:LUMN) shares are trading higher on Monday after the company announced it is partnering with Meta Platforms, Inc. (NASDAQ:META) to significantly increase Meta’s network capacity and help drive its AI ambitions.Lumen’s partnership offers Meta enhanced flexibility with secure, on-demand bandwidth, supporting its complex computing requirements and enabling it to serve billions daily.Ashley Haynes-Gaspar, Lumen’s EVP and chief revenue officer, said, “We’ve transformed our company to meet this demand. As Meta’s customers use more AI services across its platforms, we’re helping provide Meta with a seamless,…

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Piper Sandler affirmed its Overweight rating on shares of F.N.B. Corporation (NYSE:NYSE:), alongside maintaining a $17.00 price target. The firm’s analysis followed F.N.B. Corporation’s third-quarter 2024 earnings report, which revealed earnings per share (EPS) of $0.30. The earnings included certain non-recurring items: an $11.6 million loss from the sale of a performing auto loan portfolio and a $3.7 million software impairment. Adjusting for these items, core earnings were estimated at $0.34 per share, narrowly missing both the firm’s and consensus estimates by one cent. The slight miss was attributed to an increase in expenses and provisioning, each impacting earnings by…

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A focus on structural trends and the application of value creation playbooks can drive success in a cyclical consumer market, says Maxim Crewe, partner and head of the consumer and financial services sector teams at Cinven.The consumer sector’s dynamism and often highly contradictory nature makes it exciting for investors. Consumers’ tastes constantly change, so the Cinven funds look to invest in longer-term trends in behaviour and demographics that will shape markets over decades.Behavioural trends include the shift towards experience over goods, an increasing focus on health and wellness, and the growth in the pet market. Demographic trends take in wealth…

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Randall C. Barnes, a trustee of Advent Convertible & Income Fund (NYSE:AVK), recently acquired 3,785 shares of common stock, valued at $42,694. The shares were purchased at a price of $11.28 each, as part of a rights offering. Following this transaction, Barnes now directly owns 15,140 shares in the fund. In other recent news, Advent Convertible & Income Fund has announced a rights offering for its common shareholders. This offering, managed by Advent Capital Management and UBS Securities, allows shareholders to purchase additional common shares, with one right granted for every share owned. Moreover, every three rights will enable the…

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