On December 20, 2024, Clearwater Analytics Holdings, Inc. (NYSE:CWAN), a provider of prepackaged software services with a market capitalization of $6.9 billion, announced the outcome of a special meeting of stockholders. The Boise, Idaho-based company, which maintains a strong financial health rating according to InvestingPro analysis, reported that its stockholders voted to approve an amendment to their Tax Receivable Agreement (TRA), which was initially dated September 28, 2021. The approved amendment, detailed in the company’s definitive proxy statement filed on November 19, 2024, involves a one-time settlement payment that will settle all past, present, and future payment obligations of the…
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The city of Norfolk recently sold millions in bonds to fund water and wastewater projects. NORFOLK, Va. — The city of Norfolk this week completed revenue bond sales that will partially fund costs for water and wastewater-related projects. The sale of a $15.6 million water revenue bond to the Virginia Resources Authority will partially fund the capital costs to complete lead service line inventory and replacement projects, according to a city press release. The lead service line inventory and replacement plan are federal mandates from the U.S. Environmental Protection Agency. This bond was sold at a 1% interest rate and…
NEW YORK (Reuters) – Swedish electric-vehicle battery maker Northvolt said on Friday it expects to line up additional bankruptcy financing by late January after engaging with over 100 lenders and potential investors. Northvolt entered bankruptcy on Nov. 21 with a $100-million bankruptcy loan from Swedish truck maker Scania, a shareholder and its biggest customer. But that loan was not intended to carry Northvolt through its entire bankruptcy restructuring, and the company has continued to evaluate proposals for additional financing from strategic and financial investors. Northvolt attorney Jack Luze said at a Friday court hearing in Houston that the company had…
New York, New York–(Newsfile Corp. – December 21, 2024) – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Zeta Global Holdings Corp. (NYSE: ZETA) between February 27, 2024 and November 13, 2024, both dates inclusive (the “Class Period”), of the important January 21, 2025 lead plaintiff deadline. SO WHAT: If you purchased Zeta securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Zeta class action, go to https://rosenlegal.com/submit-form/?case_id=31333 or call…
New York, New York–(Newsfile Corp. – December 21, 2024) – WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Sun Communities, Inc. (NYSE: NYSE:) between February 28, 2019 and September 24, 2024, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 10, 2025. SO WHAT: If you purchased SUI securities during the Class Period you may be entitled to compensation without payment…
What will the stock market return in 2025?getty Following a stellar 26% return in 2023, with six trading days left, the S&P 500 is on track to deliver over 25% again in 2024. After two back-to-back blockbuster years, investors are understandably asking: Will 2025 be the year the rally ends? Could the market come crashing down, or will the good times keep rolling? It’s a fair question. But if you’ve followed my prior predictions or read my book, you already know my answer: Trying to predict the stock market’s return with specificity in any given year is a fool’s errand.…
Indonesia claimed victory after Apple Inc. offered to increase its investment in the country to $1 billion to get President Prabowo Subianto’s government to lift a ban on the sale of iPhone 16s. The win may be short-lived. Source link
New York, New York–(Newsfile Corp. – December 21, 2024) – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of DMC Global Inc. (NASDAQ: NASDAQ:) between May 3, 2024 and November 4, 2024, both dates inclusive (the “Class Period”), of the important February 4, 2025 lead plaintiff deadline. SO WHAT: If you purchased DMC Global securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the DMC Global class action, go to https://rosenlegal.com/submit-form/?case_id=32173…
There aren’t too many better investors than the billionaire hedge fund manager Paul Tudor Jones. Jones launched Tudor Investment Corp in 1980. In 1987, Jones correctly predicted the stock market crash on Black Monday when the Dow Jones fell by an incredible 22%. More than four decades after launching Tudor Investment Corp, Jones still serves as the chief investment officer of the company, which has reportedly generated average annual returns of 19%, according to Hedge Fund Alpha. These accomplishments have made Jones and his firm a must-watch for stock ideas. Recently, Tudor Investment Corp sold Boeing (NYSE: BA) and bought…
Tanzania’s government is evicting tens of thousands of traditional herders from breathtaking natural habitats. Source link