Investors in Tile Shop (NASDAQ:) Holdings, Inc. (NASDAQ:TTSH) have shown significant interest in the company’s stock, with recent transactions amounting to a total of $727,866. The purchases, made by entities including Pleasant Lake Onshore Feeder Fund LP, Fund 1 Investments, LLC, and Pleasant Lake Partners LLC, occurred over a series of days from November 5 to November 7, 2024. The transactions involved the acquisition of a total of 104,500 shares at prices ranging from $6.8965 to $7.0132 per share. These purchases have increased the cumulative shares owned by the reporting entities to over 8.25 million, indicating a strong position in…
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EFFINGHAM, Ill., Nov. 07, 2024 (GLOBE NEWSWIRE) — Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.31 per share of its common stock. The dividend is payable on November 25, 2024 to all shareholders of record as of the close of business on November 18, 2024. The Board of Directors also declared a cash dividend of $0.4844 per depository share on its 7.75% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A. The dividend will be payable on December 30, 2024 to stockholders of record as of December 16, 2024.…
Donald Trump and Federal Reserve Chair Jerome PowellDrew Angerer/Getty Images Indexes climbed on Thursday after the huge post-election rally in the previous session. Traders will shift their attention to the Fed, which is expected to announce a 25-basis-point rate cut. Jobless claims saw a modest rise to 221,000, in line with expectations. Indexes edged up on Thursday, heading for another day of gains after Donald Trump’s election victory fueled a massive rally across the stock market on Wednesday. The Dow Jones Industrial Average was just slightly higher after surging over 1,500 points, up 3.6% in its biggest single-day percentage gain…
VICTORIA, BC, Nov. 7, 2024 /PRNewswire/ – Eupraxia Pharmaceuticals Inc. (“Eupraxia” or the “Company”) (NASDAQ: EPRX) (TSX: EPRX), a clinical-stage biotechnology company leveraging its proprietary DiffuSphere™ technology designed to optimize drug delivery for applications with significant unmet need, today announced its financial results for the third quarter of 2024. All dollar values are in U.S. dollars unless stated otherwise. “During the third quarter, we advanced our Phase 1b/2a RESOLVE trial for EP-104GI as a treatment for eosinophilic esophagitis, reporting further positive results from the fourth cohort and presenting the data at prominent medical conferences internationally,” said Dr. James Helliwell, CEO…
Traders work on the floor of the New York Stock Exchange during the morning trading on November 07, 2024 in New York City. Michael M. Santiago | Getty ImagesU.S. stock futures hovered near the flatline Thursday night after the S&P 500 and Nasdaq Composite hit records in a postelection rally and investors weighed the Federal Reserve’s latest interest rate cut.S&P 500 futures and futures tied to the Dow Jones Industrial Average were little changed. Nasdaq 100 futures inched lower by 0.1%.During Thursday’s trading session, the broad market index gained 0.7% to close at a new record. The tech-heavy Nasdaq jumped 1.5%…
By Gabriela Selser MEXICO CITY (Reuters) – Members of U.S. President-elect Donald Trump’s transition team reached out to a leading Nicaraguan opposition figure on Thursday, saying they want to unite exiled communities from Nicaragua, Cuba, and Venezuela, the opposition figure said. Miami-based Felix Maradiaga, head of Nicaragua’s Freedom Foundation and a vocal critic of Nicaraguan President Daniel Ortega, told Reuters he received a “courtesy call” from Trump representatives seeking to “open communication channels with the incoming administration.” He added that he also recently met Trump campaign officials in Chicago. Trump’s transition team did not respond to a request for comment.…
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Electric vehicle maker Rivian Automotive (NASDAQ:) saw its stock rise 3% despite reporting third quarter revenue that fell short of analyst expectations. The company’s earnings per share also missed estimates, but investors appeared to focus on progress in cost reduction efforts and production targets. Rivian reported third quarter revenue of $874 million, below the consensus estimate of $1.01 billion. The company’s adjusted loss per share came in at -$1.08, wider than the -$0.95 analysts had projected. However, Rivian delivered 10,018 vehicles during the quarter and produced 13,157 at its Illinois facility. Despite the revenue miss, Rivian reaffirmed it remains on…
By Chris Prentice, Pete Schroeder, Svea Herbst-Bayliss and Michelle Price WASHINGTON (Reuters) – Trump transition team officials are considering retail brokerage Robinhood (NASDAQ:)’s top lawyer, as well as bank regulators and corporate attorneys, for a short list of key financial agency heads they expect to present to the president-elect soon, according to multiple people with knowledge of the matter. Among those being considered for chair of the Securities and Exchange Commission is Dan Gallagher, a Republican SEC commissioner from 2011 to 2015 who is currently chief legal and compliance officer at Robinhood, the people said. Gallagher, who is a popular…
Block (NYSE:SQ) reported third-quarter earnings that met expectations, but revenue fell short of analyst estimates, sending shares down 10% in after-hours trading. The financial technology company, formerly known as Square, reported adjusted earnings per share of $0.88, in line with analyst projections. However, revenue for the quarter came in at $5.98 billion, missing the consensus estimate of $6.24 billion. Despite the revenue shortfall, Block saw strong growth in its key business segments. Gross profit grew 19% YoY to $2.25 billion, with Cash App generating $1.31 billion in gross profit, up 21% YoY, and Square contributing $932 million, a 16% YoY…