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Ames National: Market's Overreaction To Dividend Cut Creates Opportunity (Rating Upgrade)
Seeking Alpha· 2025-01-08 20:18
Ames National Corporation’s (NASDAQ: ATLO ) price has plunged ever since it became apparent that the company will have to cut its dividend. I’m not expecting any further dividend cuts as I’m expecting earnings to recover from here on out. I’m expecting theAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not ...
Medicare can now cover Eli Lilly's Zepbound for sleep apnea, CMS says
CNBC· 2025-01-08 20:17
An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023.Medicare drug plans can now cover Eli Lilly's blockbuster obesity drug Zepbound for obstructive sleep apnea, CNBC confirmed on Wednesday. That opens the door for broader access to Zepbound, which is not currently covered by Medicare and many other insurance plans for weight loss. Demand for the injection has soared over the last year despite its roughly $1,000 price tag before insurance.In a statement ...
ITALIAN TRADE AGENCY TO HOST "ITALY ON THE MOVE 2025" SIDE EVENT DURING J.P. MORGAN HEALTHCARE CONFERENCE
Prnewswire· 2025-01-08 20:17
Event Overview - The 8th edition of "Italy on the Move" will be hosted by the Italian Trade Agency (ITA) and the Ministry of Foreign Affairs and International Cooperation during the 43rd annual J P Morgan Healthcare Conference 2025 [1] - The event aims to promote investment opportunities in Italy's €270 billion life sciences sector, including biotech, healthcare, medical devices, and pharmaceuticals [1] - It will take place at INNOVIT, San Francisco's Italian Innovation and Culture Hub, on January 15, 2025, starting at 5:00 PM [1] Key Speakers and Participants - Opening remarks will be delivered by the Ambassador of Italy to the U S, H E Mariangela Zappia, and the Consul General of Italy in San Francisco, Sergio Strozzi [2] - Mauro Battocchi, Director General for the Promotion of the Italy System, will provide an overview of the Italian life sciences ecosystem [3] - A panel discussion titled "Navigating Transatlantic Partnerships in Life Sciences" will be moderated by Audrey Greenberg, Founder of the Center for Breakthrough Medicines and CEO of AG Capital Advisors [3] - Five Italian startups—Aavantgarde, Butterfly Decisions, Cellply, Medlea, and Sibylla Biotech—will present pitch presentations [4] Italian Life Sciences Sector Highlights - The Italian life sciences sector has a turnover of €270 billion, equivalent to 11% of the country's GDP [3] - Italy ranks 1st among EU economies in pharma CDMO manufacturing value and 4th worldwide in patents productivity in Life Sciences [3] - Nearly 50 life science multinationals have established production and R&D bases in Italy [3] - Pharmaceuticals and medical devices are the third most significant Italian export globally, surpassing iconic "Made in Italy" goods like apparel and wines [3] Event Objectives and Opportunities - The event serves as a platform for U S healthcare companies and investors to meet Italian companies for partnerships or investments [3] - It highlights Italy's potential as a competitive hub for international scientists, researchers, companies, and investors in the life sciences sector [3] - The event will showcase innovative SMEs and startups, offering opportunities for collaboration and investment [3] About the Organizers - The Italian Trade Agency (ITA) is a government agency that promotes the globalization of Italian firms and facilitates economic and trade relations with foreign countries, focusing on SMEs and partnerships [5] - INNOVIT, the Italian Innovation and Culture Hub, is a strategic initiative by the Italian Government to connect Italian innovative companies and startups with Silicon Valley and U S ecosystems [6]
RNG Rises 20% in 6 Months: Here is Why It is a Must-Buy Stock Now
ZACKS· 2025-01-08 20:16
RingCentral’s (RNG) shares have appreciated 20.2% in the past six months, outperforming the Zacks Computer & Technology sector’s return of 2.9% and the Zacks Internet - Software and Services industry’s growth of 6.2%.The leading provider of AI-powered cloud business communications and contact centers has outperformed its peers like Sabre (SABR) , NetEase (NTES) and Okta (OKTA) . In the same period, Sabre’s stock has gained 14.6%, while NetEase and Okta’s shares have lost 2.2% and 11.3%, respectively.RNG’s o ...
SE Jumps 45% in 6 Months: Here's Why the Stock is a Must-Buy Now
ZACKS· 2025-01-08 20:16
Sea Limited’s (SE) shares have gained 44.7% over the trailing six months, significantly outpacing the Zacks Computer & Technology sector’s return of 4.9% and the Zacks Internet Software industry’s appreciation of 14.8%.SE shares have also outperformed industry peers, including HubSpot (HUBS) , Workday (WDAY) and nCino (NCNO) , in the same period.Over the same timeframe, HubSpot, Workday and nCino shares have gained 25.1%, 11.9% and 7.8%, respectively.SEA Limited’s strong performance is driven by consistent ...
Detroit Lions Take Bite Out Of Sportsbooks: Analyst Advises Patience After Flutter Cuts Guidance
Benzinga· 2025-01-08 20:15
A higher than average amount of NFL betting favorites won games in the 2024 season, which could be bad news for sportsbooks like Flutter Entertainment FLUT owned FanDuel and others.Flutter calls out one Detroit Lions game as being particularly painful, while an analyst says revised guidance has often been a time to buy sportsbook stocks.Lowered Guidance: On Tuesday, Flutter Entertainment announced it was lowering its full-year guidance due to what it called customer-friendly results from U.S. sports."Contin ...
Goldman Sachs Raises Spotify's Forecast Ahead of Q4
Benzinga· 2025-01-08 20:14
Goldman Sachs analyst Eric Sheridan maintained Spotify Technology SPOT with a Buy and raised the price target from $490 to $550.Ahead of its fourth-quarter 2024 earnings report, Sheridan previewed current industry data, addressed key investor debates, and highlighted the potential financial implications of Spotify’s launch of further offerings for the creator economy (which will scale in 2025).Since its last earnings report, Spotify stock has outperformed (+12% versus the S&P 500, which remained flat over t ...
Why Rivian, Wolfspeed, and Navitas Semiconductor Plunged Today
The Motley Fool· 2025-01-08 20:14
Shares of electric vehicle company Rivian (RIVN -5.02%) and EV-related power chipmakers Wolfspeed (WOLF -15.47%) and Navitas Semiconductor (NVTS -11.12%) were down on Wednesday, falling 5.7%, 15.2%, and 13%, respectively, as of 12:25 p.m. ET.Rivian is an upstart electric vehicle challenger, while Wolfspeed is an emerging player in silicon carbide (SiC) wafer production and SiC-based chips used predominantly in EVs. Meanwhile, Navitas is a small-cap chip designer of both SiC and gallium nitride power chips f ...
Osisko Gold Royalties sees record cash flow in 2024
KITCO· 2025-01-08 20:12
Neils ChristensenNeils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @Neils_cShareDisclaimer: The views expressed ...
Why QuantumScape Stock Is Plummeting Today
The Motley Fool· 2025-01-08 20:08
QuantumScape (QS -9.58%) stock is sinking in Wednesday's trading. The solid-state battery specialist's share price was down 9.5% as of 1:30 p.m. ET and had been down as much as 11.6% earlier in the session.Before the market opened today, reports hit the wire that President-elect Donald Trump is considering declaring a national economic emergency when he enters office later this month. By declaring a national emergency, Trump would be able to utilize special powers through the International Economic Emergenc ...