Timothy M. Haley, a director at Netflix Inc. (NASDAQ:), recently sold shares of the company amounting to $517,724. The sale involved 647 shares at an average price of $800.1929 per share. This transaction was part of a Rule 10b5-1 trading plan, which Haley adopted on August 6, 2024. Before this sale, Haley exercised options to acquire 647 shares of Netflix common stock at a price of $96.67 per share. Following the sale, Haley no longer holds any shares directly. The sale was executed in multiple trades, with prices ranging from $800.00 to $800.74. Investors often keep an eye on insider…
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SEOUL (Reuters) – South Korea’s military said it will hold a three-day joint exercise with the United States and Japan starting on Wednesday, featuring fighter jets and marine patrol aircraft as well as the U.S. nuclear-powered aircraft carrier USS George Washington. The “Freedom Edge” exercise is a response to what the South Korean military said were threats from North Korea, which recently conducted an intercontinental ballistic missile test, drawing condemnation from Seoul, Tokyo and Washington. It also comes as the U.S. State Department said North Korean troops have started engaging in combat operations in Russia’s war with Ukraine. The exercise…
Swedish energy giant Vattenfall plans to invest more than $5 billion in Germany to increase the company’s renewable energy portfolio in that country. Robert Zurawski, Vattenfall’s chief financial officer in Germany, said the group will build more wind and solar farms in Germany, along with EV charging stations, over the next few years. Zurawski on Nov. 11 said Vattenfall wants to add about 500 MW of solar power generation capacity annually in Germany, and also add at least 300 MW of battery energy storage capacity each year to 2028. “Germany is the fastest-growing market for renewable energy in Europe,” said…
As nonprofit hospitals shift from volume-based to value-based care, a powerful opportunity emerges to invest in the social determinants of health. Research indicates … Source link
(Reuters) -Spirit Airlines (SAVE) is in constructive discussion with its creditors and continues to explore strategic alternatives to improve liquidity, the ultra-low-cost carrier said on Tuesday. The negotiations, with a supermajority of the noteholders, have remained productive, advanced materially and are resuming in the near term, it added. If the agreement fails, it will lead to the cancellation of existing equity and it will consider all alternatives, the statement said. The company said its adjusted operating margin in the third quarter would be down 12% from last year. Earlier in the day, the Wall Street Journal reported that the company…
WASHINGTON (Reuters) -U.S. President-elect Donald Trump said on Tuesday he has picked Fox News Channel host Pete Hegseth to be secretary of defense, tapping an outsider who has railed against diversity in the military. “Pete is tough, smart and a true believer in America First,” Trump said in a statement. “With Pete at the helm, America’s enemies are on notice – Our Military will be Great Again, and America will Never Back Down.” Hegseth is an Army National Guard veteran and according to his website served in Afghanistan, Iraq, and Guantanamo Bay, Cuba. Hegseth has said he left the Army…
Brian K. Ratzan, a director at Simply Good Foods Co (NASDAQ:SMPL), has sold 66,483 shares of the company’s common stock. The shares were sold at a weighted average price of $36.28, amounting to a total transaction value of approximately $2.41 million. Following this sale, Ratzan holds 2,099,387 shares of Simply Good Foods. The transactions were executed on November 11, 2024, with shares being sold at prices ranging between $36.25 and $36.37. In other recent news, The Simply Good Foods Company (NASDAQ:) reported a 17.2% rise in net sales for the fourth quarter, largely due to the acquisition of OWYN. The…
Live Nation CEO Michael Rapino told CNBC’s Jim Cramer on Tuesday that the nature of live music keeps it in demand, which helps the business stay strong — even though some consumer-oriented companies report a pullback due to inflation.”It’s a very scarce commodity,” he said. “If you want to see Ben Folds tonight, who’s playing here, you have to come tonight. Whereas you may just, you know, delay your Disney trip.”Live Nation, which also owns Ticketmaster, has its hand in many aspects of the industry. It serves as a promoter and ticket vendor for entertainers, owns venues and manages artists…
Investing.com– Shares of electric vehicle maker Rivian Automotive Inc (NASDAQ:) rose sharply in aftermarket trade on Tuesday after automaking giant Volkswagen (ETR:) increased its investment in the firm through a joint venture. Rivian rose 8.4% to $11.47 by 18:21 ET (23:21 GMT). Rivian and Volkswagen AG (ETR:) said in a joint statement that the German automaker will invest $5.8 billion in the JV, more than a prior amount of $5 billion, and that their JV planned to begin launching EV models by as early as 2027. Volkswagen will invest up to $5.8 billion Rivian and the JV by 2027, the…
Securities In This Article The fact that stocks have been more volatile in recent years should not be surprising. After all, the trailing five-year period through October 2024 included the pandemic drop and rebound, two presidential elections, and the fastest interest-rate-hiking period in the US history. Over the period, the five-year standard deviation of US stocks (as measured by the Morningstar US Market Index) rose to 18.6% from 15.8% three years before (which still includes the pandemic) and 12.2% for the five years before the pandemic. Volatility isn’t necessarily bad for investors, but too much of it can make it…