Beasley Broadcast Group Inc. (NASDAQ:) has enacted a 1-for-20 reverse stock split of its Class A and Class B common stock, effective today. The adjustment was made official through a Certificate of Amendment to its Amended and Restated Certificate of Incorporation filed with the Secretary of State of Delaware. The reverse stock split, which became effective as of 11:59 p.m. Eastern Time today, means that for every 20 shares of Beasley Broadcast Group’s common stock held by a shareholder, they will now own a single share. No fractional shares will be issued in the process; instead, the company will compensate…
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It appears that the recent backlash against BMW’s bold design choices has finally reached the top brass. The Bavarian automaker is undergoing a significant restructuring of its design teams, effective October 1st. While Adrian van Hooydonk remains the chief designer, Domagoj Dukec, who has been at the helm of BMW’s design since 2019, is being reassigned to Rolls-Royce. To address the concerns surrounding the controversial designs of models like the XM and the 7 Series, BMW has divided its design responsibilities between two teams. Oliver Heilmer, previously the chief designer at MINI, will now oversee the design of small to…
Cero Therapeutics Holdings, Inc. (NASDAQ:CERO), a biotechnology company specializing in biological products, announced the upcoming departure of Chief Financial Officer (CFO) Charles R. Carter. On Monday, the company disclosed in a regulatory filing that Mr. Carter plans to leave his position to accept a new role with another publicly-traded company. According to the filing with the Securities and Exchange Commission (SEC), Mr. Carter will continue his duties as CFO until September 30, 2024. He has also expressed his willingness to support the transition of his responsibilities to his successor for a short time beyond his departure date. The Board of…
Since its inception in 1955, Yamaha has been a formidable force in motorcycles. Their commitment to performance and innovation has led them to dominate various racing circuits, including the prestigious WorldSBK series. One of the cornerstones of their success has been the R1, a supersport motorcycle that has consistently pushed the boundaries of what is possible on two wheels. The 2025 Yamaha R1 Race is the latest iteration of this iconic model. Building upon the legacy of its predecessors, this new machine boasts a host of improvements designed to maintain its competitive edge. From its powerful engine to its advanced…
State regulators are in a tight spot when it comes to reducing emissions from jet fuel. Source link
The Subaru Solterra and WRX have recently been evaluated by the Insurance Institute for Highway Safety (IIHS). While the Solterra, a fully electric SUV, earned the highest rating of Top Safety Pick+, the WRX, a traditional gas-powered sedan, was awarded the slightly lower Top Safety Pick. The difference lies in the IIHS’s stringent criteria for the Top Safety Pick+ designation, which requires excellent performance in various crash tests and safety features. The Solterra, sharing its platform with Toyota’s bZ4X, excelled in all tests. However, the WRX fell short in the updated moderate overlap front crash test, receiving a “marginal” rating…
When we invest, we’re generally looking for stocks that outperform the market average. And the truth is, you can make significant gains if you buy good quality businesses at the right price. For example, the Kelt Exploration Ltd. (TSE:KEL) share price is up 81% in the last 5 years, clearly besting the market return of around 42% (ignoring dividends).So let’s investigate and see if the longer term performance of the company has been in line with the underlying business’ progress. Check out our latest analysis for Kelt Exploration There is no denying that markets are sometimes efficient, but prices do…
Spot Bitcoin ETF options debut could fuel institutional adoption, offering risk management, upside potential, and reduced volatility for BTC investors, investment managers said. Source link
Increased offshore exploration for rare earth minerals – essential components in hot items such as hybrid vehicles and smartphone screens – could be chipping away at China’s status as the world’s top supplier.Countries such as Australia, the United States and Myanmar are unearthing enough of the valuable minerals that the world’s buyers need not rely solely on China, analysts said. Laos, Malaysia and Vietnam are starting to explore their own stores, as well.“Foreign resource exploration and industrial development have accelerated,” China Northern Rare Earth Group, the country’s largest rare earth producer, said in its annual report released on Friday. 03:36China…
(Bloomberg) — Oil fell on a weak outlook for fuel demand and the potential for the conflict between Iran and Israel to de-escalate after its recent flare-up.Most Read from BloombergWest Texas Intermediate slipped almost 1% to settle below $71 a barrel while Brent retreated to settle below $74 a barrel. WTI had gained 4.8% last week in its biggest weekly jump since February.After days of Israel and Iran-backed Hezbollah trading rocket fire, Iranian President Masoud Pezeshkian said on Monday that his country is prepared to de-escalate tensions as long as it sees the same level of commitment on the other…