Recipients include 20 nonprofit organizations across the Camden community Since 2012, the Foundation has invested more than $20 million in funding through grants and matching gifts to support eligible organizations in communities served by American Water. Learn more about this year's grant recipients, the American Water Charitable Foundation, and the 2025 Keep Communities Flowing Grant Program here. Earlier this year, American Water released its 2024 Camden Community Investment Report, reaffirming its commi ...

Investors with a lot of money to spend have taken a bullish stance on Amazon.com (NASDAQ:AMZN).And retail traders should know.We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with AMZN, it often means somebody knows something is about to happen.So how do we know what these investors just did? Today, Benzinga's options scanner spott ...

A small business owner selling on Amazon recently shared a dilemma that hit a nerve with the r/smallbusiness Reddit community: A massive competitor just bought their “new innovative product,” and now they fear it’s about to be copied. Fear Of Being Crushed By A Giant “A competitor 100x bigger than me just ordered my new product,” the seller wrote. “The name on the shipping label was ‘business name’ LLC and the business name is a billion dollar company… and the name of the person is someone whose job titl ...

Key Takeaways ECL closed the Ovivo Electronics deal, expanding its high-tech water platform.ECL adds Ovivo's ultrapure water expertise to enhance circular water solutions for chip manufacturing.The acquisition is set to more than double ECL's high-tech water business with strong long-term growth.Ecolab (ECL) recently closed its previously announced acquisition of Ovivo’s Electronics business, a fast-growing global provider of ultrapure water technologies used in semiconductor manufacturing. The deal meaning ...

Anthony Scaramucci, CEO of investment firm SkyBridge Capital, said at a recent event that Solana (CRYPTO: SOL)-powered asset tokenization has the potential to reduce transaction verification costs by up to 75% annually. Scaramucci Builds Case For Solana-Enabled Tokenization Speaking at the LONGITIDE event in Abu Dhabi on Dec. 11, Scaramucci estimated that global transaction verification costs $4 trillion a year, including credit card fees and wire fees. “If we were able to adopt Solana and use it in the ...

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Stock futures pointed higher ahead of delayed Consumer Price Index data Thursday, with the blue-chip Dow Jones Industrial Average and benchmark S&P 500 aiming to end four-session losing streaks.  Futures associated with the tech-heavy Nasdaq, S&P 500, and Dow were up 0.8%, 0.5%, and 0.2%, respectively. Yesterday, they closed down a respective 1.8%, 1.2%, and 0.5%, as AI bubble concerns resumed. The belated inflation report at 8:30 a.m. ET is expected to show the Consumer Price Index rose 3.1% over the ...

Core Viewpoint - Gauzy Ltd. is facing significant financial challenges, including a negative earnings outlook and legal issues related to securities fraud, which could impact its financial stability and investor confidence [1][2][4][6]. Financial Performance - The company is expected to report an earnings per share of -$0.18 and projected revenue of $32.8 million for the upcoming quarterly earnings release [1][6]. - Gauzy's financial metrics indicate struggles, with a negative price-to-earnings (P/E) ratio of -0.56, a price-to-sales ratio of 0.22, and an enterprise value to sales ratio of 0.86 [5][6]. - The debt-to-equity ratio stands at 3.54, indicating a high level of debt, while a current ratio of 0.66 suggests potential liquidity issues [5][6]. Legal Issues - The company is embroiled in a securities fraud class action lawsuit, alleging failure to disclose financial issues with its French subsidiaries, which may lead to insolvency [2][4][6]. - Faruqi & Faruqi, LLP is investigating potential claims against Gauzy, encouraging affected investors to discuss their legal rights [3]. - Robbins LLP has also initiated a class action lawsuit, claiming that Gauzy misled investors about its business prospects, further complicating the company's financial standing [4].

Mortgage Rates Overview - Mortgage rates remained stable, with the average 30-year mortgage rate at 6.21% and the 15-year rate at 5.47% [1][3] - The stability in mortgage rates has been observed since mid-September, contributing to increased buying and selling activity in the housing market [3] Labor Market Impact - The unemployment rate increased to 4.6%, the highest since 2021, but this did not significantly affect Treasury yields or mortgage rates [2] - The labor market slowdown was in line with expectations, indicating a lack of immediate impact on financial markets [2] Mortgage Application Trends - Mortgage applications for home purchases decreased by 3%, while refinancing applications fell by 4% [3] - The Federal Reserve's recent interest rate cut has had minimal influence on mortgage rates, highlighting the indirect relationship between Fed policies and mortgage rates [3]

Core Viewpoint - Nike is undergoing a turnaround strategy under CEO Elliott Hill, focusing on regaining growth and market share while addressing inventory issues and enhancing wholesale relationships [1][2]. Financial Expectations - Analysts expect Nike to report earnings per share of 38 cents and revenue of $12.22 billion for the second fiscal quarter of 2026 [6]. Business Performance - In the fiscal first quarter, improvements were noted in wholesale, running, and North America, but challenges remain in the China segment and direct business, which are expected to persist into the new year [2]. - Nike's stock has dropped over 11% this year, indicating market concerns about its performance [1]. Impact of Tariffs - Nike anticipates tariffs to cost approximately $1.5 billion, impacting its gross margin by 1.2 percentage points in fiscal 2026, an increase from earlier estimates of $1 billion and 0.75 percentage points [3]. Leadership Changes - The company has made leadership changes to streamline operations, including the departure of Chief Commercial Officer Craig Williams, as part of its "Win Now" strategy aimed at growth [4]. Strategic Partnerships - Nike has reported a strong start in its partnership with Kim Kardashian's shapewear brand, NikeSKIMS, which has received a positive response [5].