COLUMBUS, IN / ACCESSWIRE / November 7, 2024 / Global power technology leader Cummins Inc . (NYSE:) proudly announced the extension of its grant to The 15 White Coats, aimed at amplifying the impact of the Resilient Readers Book Club and launching new Virtual Readers Club volunteer opportunities. Since 2023, Cummins has partnered with The 15 White Coats through its Cummins Advocating for Racial Equity (CARE) initiative. This collaboration has provided culturally relevant literature to school-age children, featuring high-quality culturally relevant books placed in youth-centered organizations to inspire future generations. “We embarked on a journey to try to enact a…
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At the 2024 SEMA Show, Modellista—a distinguished Japanese aftermarket company under Toyota—unveiled the Overland Vision, an exciting new concept based on the Toyota Land Cruiser. Known for its skill in tuning and modifying Toyota vehicles, Modellista continues to demonstrate its expertise with this latest reveal. This concept marks a bold new direction for Modellista, pushing the boundaries of overlanding and off-road customization to an extreme level. The vehicle was showcased at the Toyota booth, where it turned heads with its unique and aggressive design. The Overland Vision Concept is a heavily modified Land Cruiser designed for the ultimate off-roading experience,…
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock’s price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let’s see what these Wall Street heavyweights think about Vistra Corp. (VST). Vistra currently has an average brokerage recommendation (ABR) of 1.08, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 12…
Donald Trump won decisively in the U.S. presidential election and the U.S. bond market celebrated by falling, at least in the immediate aftermath of the news. The market’s reaction suggests that many investors are expecting a more inflationary environment as a result of the Trump administration’s second-term policies. The benchmark 10-year Treasury rate rose by as much as 18 basis points the day after the election, pushing the overall rate on the bond to 4.47 percent. The price of bonds and their yield move inversely, with prices falling as rates rise. A rising yield on Treasurys raises the cost of…
The 2025 Toyota Crown Signia presents a compelling case for a luxury SUV that brings premium features to an accessible price point, challenging traditional notions of what luxury can cost. Positioned as a bridge between Toyota’s mainstream lineup and the more expensive Lexus, the Crown Signia offers exceptional value with a design and feel that rival high-end SUVs, but without the hefty price tag. The exterior of the Crown Signia is bold and dynamic, with a sleek front grille and narrow LED headlights that make a statement on the road. The design features subtle curves along the body, emphasizing motion,…
Thomas Murray O’Brien, a director at First Financial Bancorp (NASDAQ:), recently sold 11,245 shares of the company’s common stock. The shares were sold at an average price of $28.627, amounting to a total transaction value of $321,910. Following this transaction, O’Brien holds 50,715 shares indirectly through a revocable trust, as noted in the filing. In other recent news, First Financial (NYSE:) Bancorp showcased stability in its Q3 2024 earnings call, reporting an adjusted earnings per share of $0.67 and improved capital ratios. Although loan growth slowed, the bank reported steady asset quality and is focusing on organic growth and capital…
By Jonathan Stempel (Reuters) – Vanguard Group, the largest U.S. manager of mutual fund assets, agreed to pay $40 million to settle a lawsuit claiming it stuck ordinary investors in its popular target-date retirement funds with surprisingly large tax bills. A preliminary settlement of the proposed class action was filed on Wednesday in Philadelphia federal court, and requires a judge’s approval. Vanguard denied wrongdoing. The lawsuit stemmed from Vanguard’s December 2020 decision to reduce the minimum investment in lower-cost funds meant for institutional clients to $5 million from $100 million. Investors said this caused a “stampede” into the lower-cost funds,…
Image source: Getty Images Are we truly out of the woods with Covid? The markets seem to suggest so as several of the stocks most battered by the virus are inching higher. Even FTSE 100 stocks like International Consolidated Airlines Group (LSE: IAG), in the travel industry and attacked on three fronts by lockdowns, high fuel costs and a cost of living squeeze are beginning to take off. IAG shares rose to a four-year high in recent weeks, doubling since 2022 and up 43% in the last year. What’s baffling is how undervalued IAG still looks. It trades at around…
The Specialty Equipment Market Association (SEMA) held its annual conference in Las Vegas this week. Known as one of the largest car shows globally, the event generally gathers over 135,000 participants from the automotive aftermarket industry to look through the latest trends in vehicle repairs and modifications. Though this year’s event didn’t feature as many electric vehicle (EV) concepts and custom builds as in prior years — understandable given the ongoing transformation in the auto industry, which is monumental yet progressing more slowly than initially expected — there were still some noteworthy electric models that deserve attention. Stellantis’s parts and…
Chemung Financial Corp (NASDAQ:) has disclosed in a recent filing that Loren D. Cole, the Executive Vice President and Chief Information Officer, sold 1,000 shares of the company’s common stock. The transaction, which took place on November 6, 2024, was executed at a price of $51.21 per share, totaling $51,210. Following this sale, Cole holds 4,771 shares directly. Additionally, Cole has indirect ownership of 5,877.987 shares through a qualified plan, which includes dividends issued periodically under the company’s Dividend Reinvestment Plan, and 105 shares held by a spouse. InvestingPro Insights As Chemung Financial Corp (NASDAQ:CHMG) experiences insider selling, it’s worth…