The Formula 1 star, known for his sleek and high performance McLaren cars, surprised fans at the US Grand Prix with a drastic change of pace. Instead of his usual racing machine, Norris rolled up in a heavily modified 1973 Plymouth Barracuda. Painted in McLaren’s signature Papaya orange, the classic American muscle car stood out among the modern F1 vehicles. Norris, a self proclaimed car enthusiast, has a collection of high-end vehicles including several McLarens, a Lamborghini Miura, a Porsche Carrera GT, and a classic Land Rover. Lando Norris Stuns Fans at US Grand Prix with a Classic 1973 Plymouth…
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If you buy and hold a stock for many years, you’d hope to be making a profit. Better yet, you’d like to see the share price move up more than the market average. Unfortunately for shareholders, while the Vulcan Materials Company (NYSE:VMC) share price is up 79% in the last five years, that’s less than the market return. On a brighter note, more newer shareholders are probably rather content with the 32% share price gain over twelve months.So let’s assess the underlying fundamentals over the last 5 years and see if they’ve moved in lock-step with shareholder returns. View our…
The Pontiac Trans Am, once a sales sensation, faced a significant downturn in the early 1980s. Rising fuel costs and a shift towards smaller engines led to a dramatic decline in sales. Despite producing a limited number of desirable Indianapolis Pace Cars, the Trans Am’s production was cut in half. The base Firebird remained a popular choice, but sales of the Formula model plummeted. Recently, a 1980 Trans Am appeared on eBay, purchased from an estate. The car has been in the previous owner’s possession for approximately 35 years and retains many original features. Pontiac Trans Am’s Decline and Rare…
Key InsightsSignificantly high institutional ownership implies Apple’s stock price is sensitive to their trading actionsA total of 25 investors have a majority stake in the company with 40% ownership Insiders have sold recently Every investor in Apple Inc. (NASDAQ:AAPL) should be aware of the most powerful shareholder groups. We can see that institutions own the lion’s share in the company with 60% ownership. Put another way, the group faces the maximum upside potential (or downside risk).Because institutional owners have a huge pool of resources and liquidity, their investing decisions tend to carry a great deal of weight, especially with individual…
The revealing of a new family of business jets might not seem particularly exciting to most of us. After all, few of us will ever have the opportunity to fly in one. However, these aircraft are incredible feats of engineering, and many people are fascinated by them. The Cessna Citation name is legendary in the business jet world. Since its first flight in 1969, the Citation family has sold over 8,000 units, making it one of the most successful in the industry. The third generation of Citation light jets is about to be launched, and it promises to be even…
SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. I am 73 and my wife is 70 with one son. We have $235,000 in a savings account and we each have $250,000 in Roth IRAs. We also have $1.675 million in a brokerage account and $1.55 million in a 401(k). Everything other than the two Roths are invested solely in stocks and the two Roths are 60% stocks and 40% bonds. With Social Security and pensions, our monthly income is $11,000 and we save about $3,800 monthly. Should we change our brokerage and…
Chinese carmakers, once known for producing cheap knock-off copies of successful Western models, have transformed into innovative pioneers in the automotive industry. Changan, a veteran carmaker, has recently showcased its groundbreaking Nevo E07 SUV, a shape-shifting vehicle that can morph into a pickup truck with the touch of a button. This remarkable innovation challenges the status quo set by traditional Western carmakers, who have often been content with incremental changes to their century old designs. The Nevo E07, a battery electric vehicle, represents a significant departure from the conventional SUV design. Changan Nevo E07 SUV: The Transformative Vehicle Shaping the…
Buying a new car is often as exciting as a new relationship, but unlike love, car ownership can quickly sour. For one Rivian R1S owner, the honeymoon phase ended abruptly after just four months. Despite its electric prowess and innovative design, the SUV was sold for a significant loss, highlighting the challenges of going through the growing electric vehicle market. Electric vehicles are making steady inroads in the US, but their adoption rate still lags behind Europe and China. While factors like improved charging infrastructure and lower prices are driving interest, not everyone is thrilled with their new electric ride.…
Despite my reservations about the safety and reliability of self driving cars, it seems that many parents are increasingly willing to entrust their children to these autonomous vehicles. While remain cautious about the technology’s readiness, stories of parents using Waymo robotaxis to transport their unaccompanied children have become more common. This trend, particularly evident in Phoenix, reflects a growing desire for a safer and more convenient alternative to traditional rideshare services. Concerned about potential risks associated with random drivers, parents are drawn to the promise of a self driving car that operates on pre-programmed routes and adheres to strict safety…
Kenvue, a unit of Johnson & Johnson’s consumer health business.CFOTO | Future Publishing | Getty ImagesCompany: Kenvue Inc (KVUE)Business: Kenvue is a consumer health company. The company operates through three segments: Self Care, Skin Health and Beauty, and Essential Health. Self Care product categories include pain care; cough cold allergy; and “other self care.” The Skin Health and Beauty segment’s product categories include face and body care and hair, sun and others. The Essential Health segment’s product categories include oral care, baby care and other essential health. Its differentiated portfolio of brands includes Tylenol, Neutrogena, Listerine, Johnson’s, Band-Aid, Aveeno, Zyrtec…