Summary: Nike is releasing a special edition sneaker, Air Zoom GT Hustle 2 Alien, inspired by NBA rising star Victor Wembanyama's unique style and abilities. The sneaker features a futuristic design, glow-in-the-dark outsole, and personal touches like Wembanyama's hand-drawn alien logo on the insole.
Full articleSummary: Wells Fargo & Company announced the redemption of all outstanding shares of its Series S Preferred Stock on June 15, 2024, which will shift to June 17, 2024, with a redemption price of $25,000 per Redeemed Series S Preferred Share and $1,000 per Redeemed Series S Depositary Share.
Full articleSummary: Emerson Electric Co (EMR) reported better-than-expected results for its second quarter, with 17% Y/Y net sales growth and 25% Y/Y improvement in adjusted EPS. The company also raised its dividend and updated its full-year 2024 outlook, expecting net sales growth of 15%-16% and adjusted EPS of $5.40-$5.50.
Full articleSummary: John Deere highlights the positive impacts of its remanufacturing processes, including environmental benefits, waste reduction, and reduced production costs.
Full articleSummary: A Boeing 737 plane skidded off the runway in Senegal's main airport, causing injuries to 10 people, becoming the latest incident in a series of mishaps involving Boeing aircrafts. This incident led to the suspension of flights near the capital Dakar and raised concerns about Boeing's safety measures.
Full articleSummary: Barcelona has reached a new 10-year agreement with Nike, ending the dispute over shirt sponsorship.
Full articleSummary: A Boeing 737 plane skidded off a runway in Dakar, Senegal, injuring 10 people. The flight was operated by TransAir heading to Bamako. The damaged plane was described as a Boeing 737 with photos showing one engine broken apart and wing damage.
Full articleSummary: Capital One Venture X Business card has cut Priority Pass restaurant credits for new cardmembers due to transitioning from Mastercard to Visa. Existing cardmembers issued as Mastercard are unaffected for now. This change follows a trend in the industry of reducing Priority Pass benefits.
Full articleSummary: Lexicon Pharmaceuticals, Inc. announced its participation in the Bank of America Securities Healthcare Conference 2024 where its president and chief financial officer will make a company presentation. The simultaneous webcast will be available on the company's website.
Full articleSummary: - Century Therapeutics, Inc. reported financial results and business highlights for the first quarter of 2024, including plans to pursue additional autoimmune disease regulatory filings for its iPSC derived NK cell therapy, CNTY-101, and closed a $60 million private placement supporting expanded operations in autoimmune disease.
Full articleSummary: CytomX Therapeutics, Inc. reported positive initial Phase 1a dose escalation data for CX-904, announced Phase 1 initiation for CX-2051 and CX-801, and achieved milestones under T-cell engaging bispecific collaboration. The company highlighted its leadership in developing PROBODY® therapeutics for cancer patients.
Full articleSummary: Citigroup Inc (C) has been named as a Top 25 'Dividend Giant' by ETF Channel, with a strong quarterly dividend history, above-average statistics, and favorable long-term growth rates according to Dividend Channel report.
Full articleSummary: AI tokens are gaining momentum in the market, showing higher gains compared to top cryptocurrencies. NVIDIA stock price appears to be positively correlated with AI tokens. Continued interest in Artificial Intelligence integration into blockchain projects could lead to further price increases.
Full articleSummary: Nike finalizes deal to create a UK logistics campus and supply chain hub in the East Midlands, encompassing over 1.3m sq ft within a single building. The facility at Magna Park, Corby, is designed to boost skills, generate high-quality jobs, minimize carbon footprint, embed health and wellbeing. Nike's sales increased in the third quarter, with revenues rising marginally to £9.6bn, driven by growth in certain regions.
Full articleSummary: CIBC Mellon partners with Duco to harness AI-based automation for lowering operational risk and streamlining processes in the asset servicing industry.
Full articleSummary: Exxon Mobil Corporation (NYSE:XOM) is about to trade ex-dividend in the next 4 days, with a dividend of US$0.95 per share. The company has a trailing yield of 3.3% and a modest payout ratio of 46% of profit. Earnings per share have been growing at 11% per annum over the last five years.
Full articleSummary: Boeing firefighters continue picketing as lockout enters fifth day with no deal in sight. Sticking points in negotiations include wage increases and ability to earn top scale faster.
Full articleSummary: Ford Motor Company has been gradually increasing its dividend payout over the past couple of years, with a forward-yielding dividend of 4.8%. The company aims to maintain financial health while rewarding shareholders with dividends tied to free cash flow.
Full articleSummary: A comparison was made between booking trips through Costco Travel packages and booking directly, showing savings of over $500 on some trips. Rewards points could also significantly lower the out-of-pocket costs for these trips.
Full articleSummary: Oracle Energy Corp (OEC-H.VN) closed trading at $0.04, dipping -20.00% compared to the previous day. The TSX Composite, S&P 500, Dow Jones, and Nasdaq all closed lower. The shares of Oracle Energy Corp have decreased -33.33% over the last year.
Full articleSummary: Benjamin F. Edwards & Company Inc. raised its holdings in The Charles Schwab Co. by 90.8% in the fourth quarter, several other hedge funds also increased their positions. Analysts have provided different ratings for Charles Schwab stock, ranging from sell to buy, with an average target price of $74.47. Insider transactions involved significant selling of company stock. Charles Schwab stock is trading up 1.1%.
Full articleSummary: Two Boeing incidents within two days have raised safety concerns and exacerbated existing issues for the aerospace company, with one involving a Boeing 737-300 in Senegal and the other a 767 cargo plane in Turkey. These incidents add to the scrutiny the company is facing due to previous mishaps and controversies, causing a negative impact on the stock prices.
Full articleSummary: Merit Financial Group LLC increased its stake in Capital One Financial by 3.1% in the fourth quarter, leading to owning 2,808 shares worth $368,000. Wall Street analysts have forecasted growth for COF stock, with various price targets and ratings. The company reported quarterly earnings slightly missing estimates. A quarterly dividend of $0.60 was announced, with an annualized dividend yield of 1.68%. Insider activity included a sale of 8,656 shares by Timothy P. Golden.
Full articleSummary: Oracle Energy Corp traded on TSX-V with ticker OEC-H, the stock price increased by 11.11% from the previous day's close, and the company's most recent annual EPS is $-0.01.
Full articleSummary: Tata Power Ltd shares fell by 4% on Thursday due to modest quarterly results. Analysts are concerned about coal prices stability, growth in renewable segment, and sustainability of Sec 11 orders for Mundra plant. JM Financial maintains a positive outlook, while Kotak Institutional Equities has a negative view citing rich valuations.
Full articleSummary: The US government's decision to revoke export licenses from Intel and Qualcomm is impacting chip supply for Huawei's laptops and mobile phones. Department of Commerce is involved in an ongoing investigation into an alleged chip sanctions breach by Huawei.
Full articleSummary: Acumen Pharmaceuticals, Inc. will participate in a fireside chat at the 2024 Bank of America Healthcare Conference to discuss their novel therapeutic for Alzheimer’s disease.
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