In a stroke of unbelievable fortune, Jeanne, a Sandusky, Ohio resident, won $15 million in the state’s 50th Anniversary scratch-off game this past June.Describe when Jeanne told the Ohio Lottery Commission that she had “dropped to the floor” after realizing her win. At the store, the clerk and Jeanne had cried together, leaving bystanders wondering what on earth had just happened.Don’t Miss:While $15 million might seem like a life-altering sum, Jeanne’s final payout will be much less due to taxes, leaving her with around $4.5 million. It’s a classic example of a lottery winner facing a significant reduction in winnings…
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Traders work on the floor at the New York Stock Exchange.Brendan McDermid | ReutersBoth the S&P 500 and the Dow Jones Industrial Average surged to new record highs Friday, sealing six straight weeks of gains.The broad market benchmark advanced 0.40% to close at 5,864.67. The Dow Jones Industrial Average gained 36.86 points, or 0.09%, to end at 43,275.91. The Nasdaq Composite, led by a post-earnings jump in Netflix, ended the day up 0.63% at 18,489.55.The three major averages cinched their sixth straight positive week. This marked the longest string of weekly advances in 2024 for both the Dow and S&P…
By Stephen Culp NEW YORK (Reuters) -Tech stocks powered Wall Street stocks to a higher close and crude prices posted their biggest weekly drop in a month on Friday as investors looked past mixed earnings and focused on solid Netflix (NASDAQ:) results and Beijing’s policy steps to boost Chinese demand. Gold, meanwhile, muscled past the $2,700 mark for the first time ever. “Gold is having a strong run because of the breadth of uncertainties,” Greg Bassuk, chief executive officer at AXS Investments in New York. “It’s the safe-haven play, and investors would be prudent to diversify their portfolios’ safe-haven allocations…
Sanfilippo’s profitability may have dipped in 2024. Check out why JBSS’s share price decline and modest TSR present a buying opportunity for long-term investors. Source link
Stephen Fredette, the President of Toast, Inc. (NYSE:TOST), recently executed a significant stock transaction. On October 16, Fredette sold 40,459 shares of Class A Common Stock at an average price of $29.042 per share, amounting to a total value of approximately $1.18 million. This transaction was conducted under a pre-established Rule 10b5-1 trading plan. In addition to the sale, Fredette made a gift of 68,895 shares of Toast’s Class A Common Stock on October 17, as reported in the filing. This transfer was made without any financial consideration. Following these transactions, Fredette retains ownership of 1,701,282 shares directly. Additionally, he…
Investing.com– The S&P 500, Dow closed at fresh record highs, as investors digested more quarterly corporate earnings, including stronger-than-expected numbers from streaming giant Netflix. At 4.00 p.m. ET (2000 GMT), the rose 37 points, or 0.1% to a record close of 43,275.91, the index climbed 0.4% to a record close of 5,864.67, and the gained 0.6%. Netflix surges on Q3 beat Netflix (NASDAQ:) shares rose over 11% after the streaming giant reported stronger-than-expected third-quarter earnings and also provided an upbeat outlook for the current quarter. The firm added more subscribers than expected, with more people signing up for Netflix’s ads-based subscription tiers. “The…
ALBANY (WBNG) — The New York State Office of Cannabis Management announced it will reinvest $5 million back into communities throughout the state. The office said the $5 million comes from the “Marijuana Regulation and Taxation Act.” Those funds have been collected from legal adult cannabis sales the office said. 501c non-profits throughout the state will have the opportunity to apply for a grant worth $100,000 if the organization supports youth programming in mental health, workforce development and housing.Director of Community Reinvestment of the NYS OCM Matt Wilson explained that applicants do not have to be cannabis related.“This money is…
What’s Going On With Nokia Stock On Friday?Nokia Corp (NYSE:NOK) stock rebounded Friday from Thursday’s selloff, as its quarterly report failed to impress the Street.The Finnish telecom company clocked a fiscal third-quarter net sales decline of 8% to $4.76 billion), missing the consensus estimate of $5.34 billion. The topline decline marked weakness in the Indian market.Also Read: Ericsson Q3 Earnings: Gains From AT&T Boost, CEO Signals North American RecoveryNokia’s market share in North America dropped after losing contracts with Verizon Communications Inc (NYSE:VZ) and AT&T Inc (NYSE:T).CEO Pekka Lundmark told Reuters that telecom remains a limited growth market for Nokia despite…
The age old question of how to make a car faster without altering its original design has long intrigued enthusiasts. While the challenge seems insurmountable, a group of ingenious mechanics from the Far East has devised a creative solution. By adding an external modification, they’ve managed to enhance the car’s performance without violating the rules. The secret lies in attaching a second engine to an additional set of wheels, creating a sort of mobile power station. This innovative approach, inspired by the concept of a trailer, effectively boosts the car’s speed and agility. Garage 54’s Bold Experiment: Boosting Car Speed…
Whitestone REIT (NYSE:) shares soared to a 52-week high of $14.54, marking a significant milestone for the real estate investment trust. This peak represents a robust recovery and growth phase for the company, which has seen its stock value surge by an impressive 50% over the past year. Investors have shown increased confidence in Whitestone REIT’s portfolio and strategic initiatives, driving the stock to outperform within its sector and rewarding shareholders with substantial gains. The 52-week high serves as a testament to the company’s resilience and potential for future growth in the ever-evolving real estate market. In other recent news,…