BRENTWOOD, Tenn.—Yemin Ezra Uzi, Executive Chairman of Delek US Holdings, Inc. (NYSE:), recently acquired 3,000 shares of the company’s common stock, according to a filing with the Securities and Exchange Commission. The shares were purchased at a price of $16.50 each, totaling an investment of $49,500. The purchase comes as the stock trades near its 52-week low of $15.36, with InvestingPro data showing the company currently offers a notable 5.8% dividend yield. Following this transaction, Uzi holds 817,945 shares indirectly through Yemin Investments, LP, as well as 195,517 shares directly. This latest acquisition underscores Uzi’s ongoing commitment to the company,…
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getty Megacap stocks dominated in 2024, creating nice returns for anyone invested in the Nasdaq-100 and S&P 500. Unfortunately, no financial market trend lasts forever. Many pundits believe the megacap growth could pause in 2025, leaving room for other stock market segments to take the lead. If you agree with that prediction, you may need to reset your exchange-traded fund portfolio for the year ahead. Let’s explore three critical ETF selection criteria and meet six ETFs that may be winners in 2025. Key Factors To Consider When Comparing ETFs You have many ETF options available, and choosing the right one…
If the incoming Securities and Exchange Commission leadership allows more corporations to block activist shareholder proposals from consideration, the ones that get through could get more support, explained Stephen Brown, a senior adviser and managing director at the KPMG LLP Board Leadership Center.“If we get fewer proposals because they get held up or stopped by the SEC’s no action process, then the proposals that get through maybe are ones that are worthy of the ballot,” Brown said on Activist Investing Today. “Maybe they’ll get serious consideration by institutions which have much larger stewardship teams than they had 10 years ago. You may…
Carbon markets hold the potential to transform Indian agriculture, turning sustainable farming practices into a lucrative opportunity for farmers while combating climate change. In this, carbon pricing is a critical tool for mitigating climate change. It functions through compliance and voluntary carbon markets. Compliance markets, regulated by governments or international bodies such as the United Nations, impose emissions caps on companies. Businesses exceeding these caps must either purchase carbon credits from projects that mitigate greenhouse gas (GHG) emissions, such as agroforestry or sustainable agriculture projects, or pay carbon taxes for their extra emissions. In contrast, the voluntary carbon market operates…
By Luc Cohen NEW YORK (Reuters) – A New York resident who prosecutors say operated a “secret police station” in the Chinatown district of Manhattan to aid Beijing’s targeting of dissidents, pleaded guilty on Wednesday to conspiring to act as an unregistered foreign agent. Chen Jinping, 61, entered the plea at a hearing in Brooklyn Federal Court before U.S. District Judge Nina Morrison. He faces up to five years in prison when he is sentenced on May 30. In court, Chen admitted to removing an online article about the alleged police station on behalf of China’s government in September 2022.…
Over the past month and a half, Bitcoin (CRYPTO: BTC) has dominated headlines. In a matter of weeks, the world’s largest cryptocurrency surged nearly 50%, ultimately breaking through the $100,000 milestone to set a new all-time high near $107,000. This kind of performance has rightly placed Bitcoin center stage. Meanwhile, Ethereum (CRYPTO: ETH), the second-largest cryptocurrency, has largely taken a backseat. In fact, Ethereum’s struggles have defined much of its 2024. At one point in October, Ethereum’s year-to-date gains were a mere 5%, far below the explosive growth seen in Bitcoin and other cryptocurrencies. However, recent developments suggest that the…
WYOMISSING, Pa. – PENN Entertainment, Inc. (NASDAQ:PENN), a $2.9 billion market cap gaming company, has introduced its Hollywood Casino (EPA:) mobile application to the Pennsylvania market. The app, which is now available on Android, iOS, and desktop platforms, features over 700 iCasino games, including slots, table games, and live dealer content. Players in Pennsylvania can access the app through the ESPN app or directly via the Hollywood Casino app using their ESPN BET login credentials. According to InvestingPro analysis, PENN’s stock currently appears undervalued, though investors should note the company’s significant debt burden and volatile stock performance, with a beta…
Wednesday’s market has seen fluctuations across a range of stocks, with movements influenced by a variety of factors including earnings reports and market sentiment. Notably, stocks like Nvidia Corp (NASDAQ:) and Jabil Circuit (NYSE:) experienced significant gains, while others like MSTU faced declines. Here’s a roundup of some of the most notable stock movers, spanning from mega-caps to small caps. Mega-Cap Movers:Nvidia Corp (NVDA): +4.03%; YTD return: 163.37% United Health Group (NYSE:): +3.05%; YTD return: -6.33% Disney (NYSE:): +2.29%; YTD return: 26.31% Large-Cap Stock Movers:Jabil Circuit (JBL): Earnings beat estimates, guidance raised; +8.2% Heico Corp (NYSE:): Top-line falls short of…
Investing.com — Argus downgraded Moderna Inc (BMV:) (NASDAQ:) to “hold” from “buy,” on declining sales of its COVID-19 vaccine and limited near-term growth prospects. The brokerage noted that while Moderna’s COVID-19 vaccine was a strong performer during the pandemic, sales have dropped as the virus entered a new phase. Its RSV vaccine, despite offering robust protection, faces challenges from being approved more than a year after competing products. “RSV vaccine provides robust protection against this virus, the product was approved more than a year after two other competing products, limiting its sales as doctors had already become accustomed to some of…
(Reuters) – Buy now, pay later firm Sezzle’s shares plunged on Wednesday after Hindenburg Research disclosed a short position, citing risky lending practices alongside a decline in customers and merchants. Sezzle’s stock, which has gained over 1,000% so far this year, fell as much as 28.6% to $225 earlier in the session, before paring some losses. It was last trading 14% lower. “Our findings show Sezzle is borrowing expensive capital to make extremely risky loans through a struggling platform that is rapidly losing customers and merchants,” the short seller said. Hindenburg, which was behind an over $100 billion market rout…