Bruce Caswell, CEO and President of MAXIMUS, Inc. (NYSE:MMS), recently purchased 3,500 shares of the company’s common stock. The shares were acquired at a weighted average price of $70.64, with the total transaction amounting to approximately $247,240. According to InvestingPro analysis, this purchase comes as the stock trades near its 52-week low, with the company showing strong fundamentals including a perfect Piotroski Score of 9 and trading below its Fair Value. This purchase increases Caswell’s direct ownership to 275,928.515 shares. The shares were bought in multiple transactions, with prices ranging from $70.15 to $70.95. The company maintains solid financial health…
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Kyle B. Levine, Senior Vice President of Legal and General Counsel at Alaska Air Group, Inc. (NYSE:), recently sold 3,439 shares of the company’s common stock. The transaction, which took place on December 17, 2024, saw the shares sold at an average price of $63.5014, totaling approximately $218,381. The timing is notable as InvestingPro data shows the stock trading near its 52-week high of $65.62, with technical indicators suggesting overbought conditions. Following this sale, Levine holds 19,479 shares of Alaska Air Group stock. It’s worth noting that a previous filing had overstated his holdings by 63 shares, an error that…
Winnipeg, Manitoba–(Newsfile Corp. – December 18, 2024) – Snow Lake Resources (NASDAQ:) Ltd., d/b/a Snow Lake Energy (NASDAQ: LI™) (“Snow Lake”), a uranium exploration company, today announced that it intends to offer to sell its common shares (or pre-funded warrants (“Pre-Funded Warrants”) in lieu thereof) in a best efforts public offering. All of the common shares (or Pre-Funded Warrants in lieu thereof) are to be sold by the Company. ThinkEquity is acting as sole placement agent for the offering. The offering is subject to market conditions and there can be no assurance as to whether or when the offering may…
A tech rally boosted US stocks on Wednesday, with all three major indexes hitting new record closes, as investors digested Federal Reserve Chair Jerome Powell’s comments that US economy is in “remarkably good shape.” The Dow Jones Industrial Average (^DJI) climbed about 0.7%, or over 300 points, to close above 45,000 for the first time ever. Meanwhile the S&P 500 (^GSPC) added roughly 0.6% for a fresh closing high of 6,086.49. The tech-heavy Nasdaq Composite (^IXIC) added 1.3%, clinching a record of its own at 19,735.12. Cloud and e-commerce giant Amazon (AMZN) hit intraday all-time highs on Wednesday, as did…
Crusoe Energy Systems, a clean energy and AI infrastructure innovator, has raised $600 million in a Series D funding round, propelling its valuation to $2.8 billion. The company receives backing from prominent investors like Founders Fund, Nvidia, and Fidelity. With this funding, Crusoe is set to address the growing energy needs of artificial intelligence (AI) while prioritizing sustainability. From Flaring to AI: How Crusoe is Scaling Clean Energy Data Centers Founded in 2018, Crusoe began by tackling natural gas flaring—an environmentally harmful process where excess gas like methane is burned at oil sites. Using its Digital Flare Mitigation technology, Crusoe…
(Bloomberg) — The Canadian dollar slid to its lowest level since March 2020 as Prime Minister Justin Trudeau’s government slips into crisis after the shocking resignation of his finance minister. Most Read from Bloomberg The currency extended its recent losses to slide another 0.5% on Tuesday past 1.43 per US dollar, the weakest level since the Covid-19 pandemic first shuttered cities. The loonie has been declining as the US’s northern neighbor’s economy lags and officials struggle to come up with a plan to respond to President-elect Donald Trump’s tariff threats. The latest political turmoil “is symptomatic of the greater troubles…
Mortgage rates had increased for a couple straight days, but they’re finally back down again today. According to Zillow, the average 30-year fixed mortgage rate has inched down by one basis point to 6.45%. The 20-year fixed interest rate has dropped by 12 basis points to 6.30%, and the 15-year fixed rate has fallen by two basis points to 5.82%. The Federal Reserve’s final meeting of the year took place today. The central bank announced its decision to cut the federal funds rate by 25 basis points. Many economists predicted the Fed would decrease its rate, so the anticipation of…
The Federal Reserve announced Wednesday that it will cut its benchmark interest rate by a quarter point. That follows September’s reduction of half a percentage point and November’s quarter-point trim.What the move means for the housing market is an open question. Mortgage rates fell sharply leading up to the Fed’s first rate cut, dropping all the way from 8.01 percent in Oct. 2023 to 6.20 percent as of Sept. 18, 2024, according to Bankrate’s national survey of large lenders. However, they were back up to 6.91 percent as of Dec. 18, even as the mortgage market anticipated the Fed’s rate…
Horizon Kinetics Asset Management LLC, a significant shareholder in Texas Pacific Land Corp (NYSE:), has reported a recent purchase of common stock. According to the SEC filing, Horizon Kinetics acquired 1 share at a price of $1,184.55, marking a total transaction value of $1,184. This latest acquisition brings the firm’s total direct holdings to 1,138,392 shares in the $25.7 billion market cap company. TPL has demonstrated impressive performance with a 134% return year-to-date, supported by strong fundamentals including a 93% gross profit margin. Horizon Kinetics, a well-known investment management firm, is recognized as a ten percent owner of Texas Pacific…
She was the most powerful woman in City Hall, brought down by a pending corruption investigation. But what role did a single bike lane play in Ingrid Lewis-Martin’s undoing?That’s a question worth asking after Mayor Adams’s most-loyal ally — also the single biggest impediment to street safety inside City Hall — resigned abruptly on Sunday as Manhattan District Attorney Alvin Bragg reportedly plans to charge her this week as part of a corruption probe.The details are still unclear as investigators apparently look into much broader allegations of bribery and money laundering, along with other possible crimes, the Times reported.But here’s…