Summary: Nike is releasing the Nike SB Force 58 'Ashen Slate' as part of its skate-ready silos, echoing the Air Force 1 design language.
Full articleSummary: Cable telecom stocks Comcast, Charter Communications, and Shenandoah rallied on news of bipartisan Senators reviving the Affordable Connectivity Program, providing a lift to the industry. The subsidy program is alive and being attached to the FAA Reauthorization Act, potentially alleviating financial risk for companies.
Full articleSummary: Cable telecom stocks Comcast (CMCSA), Charter Communications (CHTR), and Shenandoah (SHEN) rallied on Wednesday following news of a potential revival of the Affordable Connectivity Program (ACP) through a bipartisan amendment to the 2024 FAA Reauthorization Act. The amendment would provide funding towards the ACP and 'rip and replace' equipment from select Chinese telecom providers.
Full articleSummary: Shenzhen Pacific Union Precision Manufacturing's stock price made a strong positive move despite a lackluster earnings report, as investors found comfort in positive factors underlying the troubling profit numbers. The company has an accrual ratio of 0.25, indicating that its free cash flow fell significantly short of reported profits due to unusual items impacting profit.
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