Ford Bronco enthusiasts, brace yourselves for a mix of excitement and disappointment. While the base trim level returns for the 2025 model year, the Blue Oval has also made some significant changes. The popular Black Diamond, Wildtrak, Everglades, and Heritage Limited Edition grades, along with the 221A and 331A equipment groups, have been discontinued. In terms of exterior colors, six options have been removed, and replaced by three new hues. Ruby Red Metallic Tinted Clearcoat, Marsh Gray, and Desert Sand join the Bronco’s palette. Under the hood, the 2.3-liter EcoBoost engine now comes with a 10-speed automatic transmission in the…
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More Than 98% of Votes Cast at Special Meeting Voted for Transaction AUSTIN, Texas–(BUSINESS WIRE)–Iteris, Inc. (NASDAQ: ITI) ( Iteris (NASDAQ:) or the Company), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that Iteris stockholders approved the proposed merger agreement with Almaviva S.p.A. (Almaviva) at Iteris’ Special Meeting of Stockholders held yesterday. As previously announced, under the terms of the merger agreement, Almaviva will acquire Iteris in an all-cash transaction in which Iteris’ stockholders will receive $7.20 per share of common stock, valuing Iteris at approximately $335 million equity value. The parties anticipate the transaction will…
A 2022 Ford F-150 Lightning, once priced at a hefty $92,369, recently failed to sell at auction for a mere $50,000. This stark contrast highlights the current state of the electric vehicle market, where even high end models are struggling to retain their value. While EVs offer significant advantages like reduced maintenance costs, the market is still grappling with factors that limit their widespread adoption. This particular Lightning, equipped with premium features like a twin-panel sunroof, LED headlights, and a powerful onboard generator, is a testament to the capabilities of electric trucks. 2022 Ford F-150 Lightning Struggles at Auction Amid…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 15, 2024.Brendan McDermid | ReutersStock futures fell on Wednesday after the S&P 500 posted its first back-to-back loss since early September, while Treasury yields moved higher.Futures linked to the broad market index lost 0.1%. Dow futures slid 154 points, or 0.4%, while Nasdaq-100 futures dropped 0.2%.Dow member McDonald’s fell 6.1% after the U.S. Centers for Disease Control and Prevention said an E. coli outbreak tied to the fast-food giant’s Quarter Pounder burgers has resulted in 10 hospitalizations and one death. Starbucks tumbled…
Changes in market conditions can impact the REIT’s big-time dividend. AGNC Investment (AGNC -3.56%) is a leader in investing in the Agency residential mortgage-backed securities (MBS) market (i.e., MBS protected from credit losses by government agencies like Fannie Mae). The company has a massive MBS portfolio (over $71.8 billion). It also has extensive experience navigating the MBS market and can tell when changes are in the air. It sees the Federal Reserve’s recent rate cut as a catalyst for a big change in the MBS market. Here’s what it sees ahead and how that might affect the mortgage REIT’s monster…
China, a nation renowned for its ancient wisdom and technological advancements, once again showcased its innovative spirit with a breathtaking drone light show. This spectacular display marked the 75th anniversary of the People’s Republic of China and broke a world record previously held by the country itself. In the bustling city of Shenzhen, known for its rapid industrial development, thousands of drones choreographed a mesmerizing performance, illuminating the night sky with intricate patterns and vibrant colors. The drones, meticulously programmed and controlled remotely, moved in perfect synchronization, creating a symphony of light and motion that fascinated onlookers. China Sets New…
This classic muscle car, a 1970 Dodge Charger 500, has been significantly modified from its original state. Under the hood, a powerful 505ci stroker engine has been installed, replacing the original 318ci V8. This upgrade delivers an impressive 550 horsepower, making the Charger capable of outperforming even modern muscle cars like the Challenger Scat Pack in a straight line race. While the car’s performance has been greatly enhanced, its aesthetics have also undergone some changes. The original wraparound chrome bumpers and grille design have been replaced with a more aggressive look. Additionally, the interior has been updated with new seats,…
Image source: Getty Images I’m increasingly eyeing up FTSE 250 shares for my next buys. For one thing, I think the time might just be right. I know trying to time investments can be a big mistake. It’s all about time in the market, not timing the market, as the old saying goes. But if we look at time in broader sweeps, we often see cyclical patterns. And I can’t help thinking we could be heading for a good spell for smaller stocks. Cyclical pattern In past bull markets, the FTSE 250’s outstripped the FTSE 100. The smaller index is…
Income investors will find a lot to like with these Vanguard exchange-traded funds. Many investors reach a point in their lives when growth isn’t nearly as important as income. The reliability of that income is also paramount. One great alternative is to invest in exchange-traded funds (ETFs). It’s simpler than choosing individual stocks and bonds. Granted, you still must be smart about which ETFs you buy. You’ll especially want to consider the funds’ costs. Vanguard enjoys widespread popularity because of its low costs and the variety of ETFs offered. Income investors can find several attractive funds, but three especially stand…
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is currently the fourth-largest company in the world, with a market capitalization of just over $2 trillion, and it achieved this stellar valuation thanks to its dominant position in the search engine and the digital advertising markets. Despite the high market cap, Alphabet’s growth hasn’t been all that steady in recent years. The company faces growing competition in the digital ad space, while its artificial intelligence (AI) efforts have run into challenges. This is probably why analysts expect Alphabet’s earnings to increase at a relatively slower pace of 20% a year for the next five years…