Qualcomm, one of the largest semiconductor companies, reported strong Q4 financials with over $10 billion in revenue. Check out why I rate QCOM stock a buy. Source link
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In this podcast, Motley Fool co-founder David Gardner shares his latest volume of mental tips, tricks, and life hacks with seven unique strategies to make life smoother, smarter, and a bit more joyful. From the Hemingway Bridge to transforming “FAILURE” into an unexpected love message, get ready for a dose of elegance, insight, and a little Rule Breaker flair. To catch full episodes of all The Motley Fool’s free podcasts, check out our podcast center. To get started investing, check out our beginner’s guide to investing in stocks. A full transcript follows the video. This video was recorded on Nov.…
(Bloomberg) — Shares of Prospect Capital Corp., a $7.6 billion publicly-traded private credit fund, tumbled more than 16% Friday after the firm cut its dividend for the first time in seven years. Most Read from Bloomberg Prospect said in a statement that the 25% dividend cut is needed as it shifts holdings away from the riskiest slices of collateralized loan obligations and real estate investments into its core business of first-lien senior-secured loans and equity stakes in mid-sized companies. The firm also attributed the dividend cut to the Federal Reserve’s recent rate reductions, which will lessen the amount of interest…
ASA Gold & Precious Metals Ltd (NYSE:ASA), a Bermuda-based company, is currently experiencing a governance dispute among its board members, as disclosed in a recent SEC filing. The company, which operates under the jurisdiction of Delaware, reported the ongoing issue in a Form 8-K filed today, November 8, 2024. The dispute involves two sets of directors: the New Directors, who were elected in April 2024 by shareholder nomination, and the Legacy Directors, who were reelected the same month by the then-constituted board. Both groups have engaged separate legal counsel to address the matter and have sought reimbursement for their legal…
Christy Lynn Novak, Vice President, Corporate Controller, and Chief Accounting Officer at NOV Inc. (NYSE:NOV), has sold a significant portion of her holdings in the company, according to a recent filing. On November 7, 2024, Novak disposed of a total of 40,953 shares of NOV Inc. common stock, generating approximately $673,250. The shares were sold at prices ranging from $16.437 to $16.5001 per share. Following these transactions, Novak now holds 70,131 shares directly. Additionally, she has 450 shares in an IRA account, which were previously unreported. This sale marks a notable adjustment in Novak’s investment in the company, where she…
Philadelphia Phillies managing partner and principal owner John Middleton signs autographs prior to the 2024 London Series game between the New York Mets and the Philadelphia Phillies at London Stadium in London on June 9, 2024.Daniel Shirey | Major League Baseball | Getty ImagesThe Philadelphia Phillies recently raised close to $500 million in capital from three new investors in a transaction that values the Major League Baseball team and its 25% stake in regional sports network NBC Sports Philadelphia at about $3 billion, according to two people familiar with the deal.As part of the transaction, two existing owners, managing partner…
Tampa, FL, Nov. 08, 2024 (GLOBE NEWSWIRE) — LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a cryptocurrency mining and technology-based specialty finance company, today announced that it will host a conference call on Wednesday, November 13, 2024, at 11:00 a.m. Eastern Time to discuss financial results for the quarter ended September 30, 2024, and provide a business update. The conference call will be available via telephone by dialing toll-free +1 888-506-0062 for U.S. callers or +1 973-528-0011 for international callers and entering access code 424451. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2917/51557 or…
Investment raises the premium performance brand’s valuation to $5.5 billion Partnership to help fuel Vuori’s journey to becoming a leader in the performance apparel market ENCINITAS, Calif. – November 8, 2024 – Southern Californian performance lifestyle brand Vuori today announced an $825 million investment led by General Atlantic and Stripes, two leading global growth investors, along with a cohort of additional investors. The investment, structured as a secondary tender offer, raises the brand’s valuation to $5.5 billion and marks yet another historical moment in the private apparel company’s journey to becoming a category leader. Building on the brand’s 2021 $400…
CHICAGO, Ill. (WTVO) — Illinois will spend $2.3 million to encourage out of state visitors and support the tourism industry, Gov. JB Pritzker and the Illinois Department of Commerce announced Frida… Source link
The S&P 500 index surged past the 6,000-point milestone, setting fresh record highs, and small-cap stocks are poised for their best weekly performance since April 2024 as investor optimism surrounding the “Trump trade” continued to fuel a strong risk-on sentiment by the end of a wild week in the market. All major U.S. indices posted modest gains in midday trading, with the Dow Jones Industrial Average leading slightly, soaring beyond the 44,000-point mark. The blue-chip index is set for its best weekly performance in over a year. Friday’s rise in the S&P 500 was powered by the utilities and real…