Robert Sands, a director at Constellation Brands, Inc. (NYSE:), recently sold a significant portion of his holdings in the company. According to a filing with the Securities and Exchange Commission, Sands sold a total of 119,274 shares of Class A Common Stock on October 16. The shares were sold at prices ranging from $242.00 to $243.40 per share, amounting to a total transaction value of approximately $28.9 million. Following these transactions, Sands holds 431,729 shares indirectly through RSS Master LLC. Sands, who is a ten percent owner of the company, continues to maintain a substantial stake in Constellation Brands through…
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By Shashank Pandey In the run-up to the Conference of the Parties (COP29), the carbon credit framework under the Paris Agreement is seeing considerable development. Negotiations are on to operationalise Article 6 of the agreement, which sets out a crediting mechanism where countries can voluntarily cooperate to meet climate targets. On October 7, in the 14th meeting, the supervisory body, a key entity set up under Article 6.4 to oversee and regulate the credit framework under the Paris Agreement, agreed to incorporate environmental and human rights. This means that under the United Nations (UN) carbon crediting system, Paris Agreement Crediting…
Women’s sports have captured investors’ attention as WNBA viewership soars to a record high amid the WNBA Finals. Fortuna Investments CEO Justus Parmar joins Josh Lipton on Asking for a Trend to discuss why the venture capital firm is investing in women’s sports.Parmar outlines his view that sports is an emerging investment area, with women’s sports representing an especially attractive investment opportunity. “It’s a very unique asset class. So you’ve got the big four men’s clubs. Those are kind of the blue-chip stocks of the portfolio. You’ve got men’s baseball, men’s basketball, men’s football, obviously, and (the) NHL… When it…
(Reuters) – U.S. health insurer Cigna (NYSE:) Group has revived efforts to merge with smaller rival Humana (NYSE:) after abandoning the pursuit late last year, Bloomberg News reported on Friday, citing people familiar with the matter. The companies have held informal, early discussions recently about a potential deal, the report said. Shares of Humana were up about 5% in after-hours trading on Friday, while those of Cigna were down about 4%. Last year, Reuters reported that Cigna ended its attempt to negotiate an acquisition of Humana after the pair failed to agree on a price and announced a $10 billion…
By Lizbeth Diaz MEXICO CITY (Reuters) – Gunmen sprayed with bullets the office building and several cars of respected Sinaloan media outlet El Debate on Friday, the news organization said, amid a bloody war between the two biggest factions of the Sinaloa Cartel. El Debate, which usually reports on violent events across the northwestern Sinaloa state, was attacked early on Friday morning, the company reported on social media. The local prosecutor’s office said it was investigating the attack, which caused no casualties. “Today the complaint for damages is going to be received,” Claudia Sanchez, the state prosecutor, told media. Sanchez…
The current market landscape is the most volatile we’ve seen in decades. From election cycles to inflationary pressure, it’s become impossible to count on solid returns solely from traditional methods of investments, like residential real estate or stocks. Diversification is needed for stability and long-term growth. If you’re on the fence about alternative investments, here is the case to consider the next generation of investment trends (along with some suggestions to get you started). The Case for Alternative Investments Traditional asset classes include things like bonds, cash, treasury bills, and the aforementioned stocks and physical residential real estate. These are…
(Reuters) – U.S. health insurer Cigna Group has revived efforts to merge with smaller rival Humana after abandoning the pursuit late last year, Bloomberg News reported on Friday, citing people familiar with the matter.The companies have held informal, early discussions recently about a potential deal, the report said.Shares of Humana were up about 5% in after-hours trading on Friday, while those of Cigna were down about 4%.Last year, Reuters reported that Cigna ended its attempt to negotiate an acquisition of Humana after the pair failed to agree on a price and announced a $10 billion worth of shares buyback.By the…
Jet.AI Inc. (NASDAQ:JTAI), a Delaware-based non-scheduled air transportation company, has entered into a significant agreement with Ionic Ventures, LLC on October 18, 2024. The agreement, disclosed in a recent SEC filing, outlines adjustments to the terms of Series B Convertible Preferred Stock held by Ionic Ventures. The arrangement, detailed in a letter agreement between the two companies, follows a Securities Purchase Agreement dated March 28, 2024. Ionic Ventures has agreed to refrain from exercising certain legal rights under the previous agreement. In exchange, Jet.AI has consented to modify the Conversion Measurement Period for the first 200 shares of Series B…
You’re already pretty smart, but let’s go for even smarter! Our Motley Fool cast is here to help you understand some common and not-so-common investing terms, so that you can be more fun at cocktail parties — and more importantly, be a better investor! Check out The Motley Fool’s dictionary of financial terms for lots more definitions. To catch full episodes of all The Motley Fool’s free podcasts, check out our podcast center. To get started investing, check out our beginner’s guide to investing in stocks. A full transcript follows the video. This video was recorded on Oct. 16, 2024.…
By Danielle Broadway and Catarina Demony LONDON (Reuters) -Liam Payne’s former partner, pop singer Cheryl, joined an outpouring of grief on Friday over the death of the One Direction band member, calling for restraint in coverage to protect his family during an “indescribably painful time”. Payne, who shot to global fame with boy band One Direction, died at age 31 after falling from a third-floor hotel room balcony in Buenos Aires on Wednesday, triggering tributes from fans around the world. Cheryl Tweedy, more commonly known by just her first name, was in a relationship with Payne between 2016 and 2018…