Why Shares of Root Stock Sank in December
The Motley Fool· 2025-01-06 23:01
Shares of Root (ROOT 2.83%) sank 27.3% in December, according to data from S&P Global Market Intelligence. The insurance technology (insurtech) upstart saw a pullback after gaining over 100% after fantastic third-quarter (Q3) earnings at the end of October. As a volatile stock, Root is still up over 500% in the last 12 months after it made a miraculous growth and profit turnaround in 2024. Thought to be close to bankruptcy, Root stock is still down 85% from all-time highs set close to when it went public in ...
Tesla Stock Price Levels to Watch After Volatile Stretch
Investopedia· 2025-01-06 23:00
Key TakeawaysTesla shares have gained ground the past two sessions after a five-day losing streak during which the stock lost 18% of its value. Despite the recent pullback, the shares have trended sharply higher since breaking out from an ascending triangle in early November following the U.S. presidential election.Bars pattern analysis forecasts a price target of around $745 and projects the current uptrend may last until early March.Investors should watch important support levels on Tesla's chart around $ ...
Coca-Cola: 63rd Consecutive Annual Dividend Increase Beckons
Seeking Alpha· 2025-01-06 23:00
Dividend Policy and Investor Expectations - The Coca-Cola Company typically announces its annual dividend increases on the third Thursday of February, a date that long-term investors, particularly those focused on Dividend Growth Investing (DGI) and Dividend Reinvestment Plans (DRIP), look forward to [1] - Investors often categorize their investments into serious money for long-term strategies like GARP (Growth at a Reasonable Price) and play money for short-term trading [1] Analyst's Position and Disclosure - The analyst holds a beneficial long position in Coca-Cola shares through stock ownership, options, or other derivatives, and the article reflects their personal opinions [2] - The analyst is not receiving compensation for the article other than from Seeking Alpha and has no business relationship with any company mentioned [2] Seeking Alpha's Disclosure - Seeking Alpha emphasizes that past performance does not guarantee future results and does not provide investment recommendations or advice [3] - The views expressed in the article may not reflect those of Seeking Alpha as a whole, and the platform is not a licensed securities dealer, broker, or investment adviser [3]
Asante Announces Director Changes
GlobeNewswire· 2025-01-06 23:00
VANCOUVER, British Columbia, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE | GSE:ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) (“Asante” or the “Company”) announces the appointment of Alireza Abbassi Monjezi to the Company’s board of directors and the resignation of Mohammad Alothman as a director of the Company, all with immediate effect. Dr. Alireza Abbassi Monjezi is a UK national. He obtained his PhD in Chemical Engineering from the University of Surrey (UK) and commenced his career as an ac ...
Brompton Funds Announces ETF Name Change
GlobeNewswire· 2025-01-06 23:00
TORONTO, Jan. 06, 2025 (GLOBE NEWSWIRE) -- (TSX: BREA) Brompton Funds (“Brompton”) today announced that it is proposing to change the name of Brompton Sustainable Real Assets Dividend ETF (the “ETF”) to “Brompton Global Infrastructure ETF” (the “Name Change”). There are no material changes to the ETF’s investment objectives or investment strategies as a result of the Name Change. The ETF’s ticker will be changed from BREA to BGIE, concurrently with the Name Change, both of which are scheduled to take effect ...
My Top 10 Dividend Paying Buy-And-Hold Stocks For 2025
Seeking Alpha· 2025-01-06 23:00
Imagine that you could only select 10 dividend-paying stocks to keep in your investment portfolio for the next 10 years! Which companies would you choose?I specialize in constructing investment portfolios aimed at generating additional income through dividends. My focus lies on identifying companies with significant competitive advantages and strong financials that can provide you with an attractive Dividend Yield and Dividend Growth, thus enabling you to augment your dividend income annually. By combining ...
ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Applied Therapeutics, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - APLT
GlobeNewswire· 2025-01-06 22:57
NEW YORK, Jan. 06, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Applied Therapeutics, Inc. (NASDAQ: APLT) between January 3, 2024 and December 2, 2024, both dates inclusive (the “Class Period”), of the important February 18, 2025 lead plaintiff deadline. SO WHAT: If you purchased Applied Therapeutics securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a conti ...
Zhengye Biotechnology Holding Limited Announces Pricing of Initial Public Offering
GlobeNewswire· 2025-01-06 22:50
IPO Details - Zhengye Biotechnology Holding Limited announced the pricing of its initial public offering (IPO) of 1,500,000 ordinary shares at $4.00 per share, with an expected gross proceeds of $6 million before deductions [1][2] - The shares are approved for listing on the Nasdaq Capital Market under the ticker symbol "ZYBT" and are expected to commence trading on January 7, 2025 [1] - The underwriters have a 45-day option to purchase an additional 225,000 ordinary shares to cover over-allotments [2] Use of Proceeds - The proceeds from the IPO will be used for acquiring vaccine production companies and conducting R&D projects [3] Underwriters and Legal Counsel - Kingswood Capital Partners, LLC is acting as the sole book-running manager for the offering [3] - Hunter Taubman Fischer & Li LLC is serving as U.S. securities counsel to the company, while VCL Law LLP is acting as U.S. counsel to Kingswood [3] Company Overview - Zhengye Biotechnology Holding Limited focuses on the research, development, manufacturing, and sales of veterinary vaccines, with an emphasis on livestock vaccines [6] - The company has 44 veterinary vaccines, including vaccines for swine, cattle, goats, sheep, poultry, and dogs, available in 28 provincial regions across China and exported to Vietnam, Pakistan, and Egypt [6] - The company operates three GMP veterinary vaccine production floors with 13 GMP vaccine production lines, one quality examination center, and one animal facility for vaccine development [6] - The company has 49 employees with over a decade of experience in the veterinary vaccine industry [6]
Toyota is ‘exploring rockets' and has made its first investment into Interstellar Technologies
TechCrunch· 2025-01-06 22:44
Core Message - Toyota is exploring rocketry and space mobility, hinting at a future beyond Earth-bound transportation [1] - The company views its technologies as "invention by multiplication," suggesting a collaborative and expansive approach to innovation [1] - The exploration of rockets aligns with the broader vision of mobility, potentially challenging competitors like Tesla and SpaceX [1] Rocketry and Space Exploration - Toyota showcased a rendering of a rocket designed by Interstellar Technologies, a Japanese spaceflight company [2] - The collaboration with Interstellar Technologies aims to explore telecommunications networks for Woven City, a prototype city near Mount Fuji [2] - Woven City, announced in 2020, has now opened its first phase, serving as a living laboratory for future technologies [2] Telecommunications and Autonomous Vehicles - Toyota emphasizes the need for seamless and uninterrupted communication networks to support autonomous vehicles in Woven City [3] - The mountainous location of Woven City makes it an ideal testing ground for advanced communication infrastructure [3] Investment and Strategic Moves - Woven by Toyota has invested 7 billion yen (approximately $44.3 million) into Interstellar Technologies [4] - The announcement of space exploration aligns with Toyota's broader strategy, which has been cautious in the electric vehicle space but may now focus on more ambitious goals like space mobility [5]
Disney Consolidates Sports TV With Fubo-Hulu Deal, End Of Venu Suit
Forbes· 2025-01-06 22:43
(Photo by Ric Tapia/Getty Images)Getty ImagesLet the 2025 Hollywood Consolidation Derby begin! Fubo, the sports-minded upstart online replacement for traditional cable television, will merge operations with Disney-owned competitor Hulu+Live TV, and settled its lawsuit that had stalled the launch of Venu, a sports-focused “skinny bundle” from Disney, Fox and Warner Bros. Discovery.The string of announcements show the importance of sports programming, as the most valuable content on traditional broadcast and ...