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…
Author: user
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…
Most classic cars that are neglected for years rarely return to the road, but this 1950 Studebaker Champion is an exception. This particular Studebaker was left abandoned and exposed to the elements for a lengthy 40 years. Now, however, it’s getting a new chance at life. During the restoration process, the team found an unexpected surprise hidden within this vintage car. In a recent video by YouTube channel bah53, this 1950 Studebaker Champion appeared to be in a dire state. It had partially sunk into the ground and was blanketed with dust and various other debris. Clearly, it was in…
A low-cost S&P 500 ETF is a great go-to for people looking for an investment that tends to grow with the U.S. economy. Stock market indexes serve as key benchmarks, and there’s none as important or followed as the S&P 500. The S&P 500 tracks the largest 500 American companies on the market, so many consider it the index of the U.S. stock market. There’s a reason why stock and fund performances are generally compared to the S&P 500’s performance. Considering the companies in the S&P 500 and their importance to the global economy, it’s no surprise that an S&P…
On Oct. 24 and 25, the Board of Trustees met to discuss key components of the College’s strategic plan, announce the promotion of four assistant professors and adopt a new policy geared toward socially responsible investing.The October meeting began with the Board chatting in small groups with teams of students and faculty, each representing different campus collaborations and research. To President Julie Kornfeld, these meetings were important in providing the Board with connections and insight into the student body. “These conversations provided a window into the nature of teaching and mentorship at Kenyon and was a highlight for the trustees.…
The Durham MG and Classic Car Club recently took to the picturesque countryside around Crook as part of the Gulf Road Trip – an exciting journey connecting various Gulf locations across Scotland and England, stretching from Glasgow to Bristol. Throughout October, this cross-country road trip brought together members from several classic car clubs, including QS Car Club, MG Owners Club, Cumbria Classic Car Club, and Glasgow Moggies. Rising to the Gulf Road Trip challenge, these dedicated drivers collectively traveled over 300 miles. The lineup of vehicles on the trip was truly impressive. Classic models like the 1960s Morris Minors, often…
Image source: Getty Images Building a sustainable second income stream isn’t exactly straightforward. If it were, everyone would do it! But it’s certainly possible. It just requires some time, planning and dedication. Looking at the UK stock market today, there are a few ways I can see to maximise its potential. Investing in dividend stocks with a long-term view is one tried and tested method. But which stocks to choose? Top-performing stocks always look attractive as the companies in question are clearly doing something right. However, it might be hard to extract significant returns out of a stock that’s already…