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Dave Inc. Is Being Investigated For Securities Fraud And Affected Investors Are Urged To Contact The Schall Law Firm
ACCESSWIRE Newsroom· 2025-01-17 16:00
Dave Inc. Is Being Investigated For Securities Fraud And Affected Investors Are Urged To Contact The Schall Law Firm ...
FCC Approves Notice of Proposed Rulemaking to Expand 900 MHz Broadband Segment
GlobeNewswire· 2025-01-17 16:00
Industry and Regulatory Developments - A coalition of utilities, trade associations, and Anterix expressed gratitude to the FCC for proposing modifications to the 900 MHz rules, which would expand the broadband segment from 3 MHz by 3 MHz to 5 MHz by 5 MHz [1] - The FCC's proposed rulemaking (NPRM) aims to address growing demand for wide-area, private, and secure wireless broadband networks for utilities, critical infrastructure, and business enterprises [2] - The expansion of the 900 MHz band to 5/5 MHz broadband is seen as a critical step in supporting the evolution of the electric grid and enabling private LTE networks for utilities [3] Industry Adoption and Benefits - Enterprise organizations across 15 states are already deploying modern wireless 900 MHz broadband networks to meet evolving communication needs [3] - The proposed 5/5 MHz broadband option is expected to provide utilities with additional capacity to support grid modernization, advanced network design, and enhanced cybersecurity [3] - The expanded spectrum allocation is anticipated to offer significant advantages over the current 3/3 MHz broadband, including the ability to handle increased data volumes from utility applications [3] Company-Specific Insights - Anterix, as the largest holder of licensed spectrum in the 900 MHz band, is uniquely positioned to enable private wireless broadband solutions for utilities [5] - The company leads an ecosystem of over 100 members, offering utility-first solutions to modernize the grid and address current challenges [5] - Anterix's partnership with utilities and technology companies aims to support cutting-edge communications capabilities for a cleaner, safer, and more secure energy future [5]
SB Financial Group Announces Completion of Acquisition of Marblehead Bancorp
GlobeNewswire· 2025-01-17 16:00
Merger Details - SB Financial Group, Inc successfully closed the acquisition of Marblehead Bancorp, Inc, merging Marblehead Bank into State Bank [1] - The merger was unanimously approved by the Boards of Directors of both bank holding companies and their subsidiary banks, and adopted by Marblehead shareholders [1] - Marblehead shareholders received $196.31 in cash per share, valuing the transaction at approximately $5.0 million [2] Strategic Impact - The merger extends SB Financial's presence in Northwest Ohio, enhancing its ability to serve the Marblehead community with expanded financial products and services [3] - The combined organization now manages approximately $1.4 billion in assets, positioning it to deliver exceptional service and innovative financial solutions [3] Company Overview - SB Financial Group, Inc is a diversified financial services holding company headquartered in Defiance, Ohio, operating through 25 offices and 25 ATMs across Ohio, Indiana, and Michigan [5] - State Bank provides a full range of financial services including wealth management, private client services, mortgage banking, and commercial and agricultural lending [5] - Marblehead Bancorp, headquartered in Marblehead, Ohio, operates two full-service bank branch offices and is the only brick-and-mortar bank on the Marblehead Peninsula [6] Legal and Financial Advisors - Vorys, Sater, Seymour and Pease LLP served as legal counsel to SB Financial [4] - Janney Montgomery Scott served as financial advisor to Marblehead and provided a fairness opinion to its Board of Directors [4] - Shumaker, Loop & Kendrick, LLP served as Marblehead's legal counsel [4]
Fastenal Stock Slips After Dismal Q4 Results
Schaeffers Investment Research· 2025-01-17 15:58
Shares of Fastenal Co (NASDAQ:FAST) are down 1.9% at $73.38 at last glance, after the industrial machinery name's disappointing fourth-quarter results, with earnings, revenue, and sales growth all missing estimates. The company cited a "soft manufacturing environment," with more production cuts than expected around the holidays. Since the start of 2025, FAST has only had two negative sessions, though it's pacing for a third today. The $72 level, which provided pressure in July and September, appears to be m ...
Wall Street Analysts Predict a 25.59% Upside in BioNTech (BNTX): Here's What You Should Know
ZACKS· 2025-01-17 15:56
BioNTech SE Sponsored ADR (BNTX) closed the last trading session at $112.76, gaining 1.3% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $141.61 indicates a 25.6% upside potential.The mean estimate comprises 17 short-term price targets with a standard deviation of $17.52. While the lowest estimate of $121 indicates a 7.3% increase from the current price level, the most optimistic ...
Wall Street Analysts Predict a 75.79% Upside in Rigel (RIGL): Here's What You Should Know
ZACKS· 2025-01-17 15:56
Rigel Pharmaceuticals (RIGL) closed the last trading session at $17.35, gaining 0.8% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $30.50 indicates a 75.8% upside potential.The mean estimate comprises six short-term price targets with a standard deviation of $17.85. While the lowest estimate of $14 indicates a 19.3% decline from the current price level, the most optimistic analys ...
Does Nutanix (NTNX) Have the Potential to Rally 25.47% as Wall Street Analysts Expect?
ZACKS· 2025-01-17 15:56
Stock Performance and Price Targets - Shares of Nutanix (NTNX) have gained 4.2% over the past four weeks, closing at $66.55 [1] - The mean price target of $83.50 indicates a potential upside of 25.5% [1] - The average price target comprises 12 estimates ranging from $75 to $90, with a standard deviation of $4.50 [2] - The lowest estimate suggests a 12.7% increase, while the most optimistic estimate points to a 35.2% upside [2] - A low standard deviation indicates a high degree of agreement among analysts about the stock's price movement [7] Analysts' Earnings Estimates and Revisions - Analysts have revised EPS estimates higher, indicating growing optimism about the company's earnings prospects [9] - For the current year, one estimate has moved higher over the last 30 days, with no negative revisions [10] - The Zacks Consensus Estimate has increased by 1.4% [10] - NTNX currently holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks [11] Limitations of Price Targets - Price targets are often misleading and rarely indicate where a stock's price is actually heading [5] - Analysts may set overly optimistic price targets to generate interest in companies their firms have business relationships with [6] - Investors should not make investment decisions solely based on price targets, as they should be treated with skepticism [8] Conclusion - While the consensus price target may not be a reliable indicator of NTNX's potential gain, the direction of price movement it implies appears to be a good guide [12]
Does MongoDB (MDB) Have the Potential to Rally 50.16% as Wall Street Analysts Expect?
ZACKS· 2025-01-17 15:56
MongoDB (MDB) closed the last trading session at $247.96, gaining 1.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $372.33 indicates a 50.2% upside potential.The mean estimate comprises 30 short-term price targets with a standard deviation of $49.58. While the lowest estimate of $220 indicates a 11.3% decline from the current price level, the most optimistic analyst expects the ...
China News Network - Yungang Grottoes: A Masterpiece of Cultural Integration
GlobeNewswire· 2025-01-17 15:55
China News Network - Yungang Grottoes: A Masterpiece of Cultural Integration BEIJING, Jan. 17, 2025 (GLOBE NEWSWIRE) -- With their round faces, prominent noses, long earlobes, and avuncular smiles, the Buddhas of the Yungang Grottoes are far more than silent stone figures. They stand as vibrant, enduring symbols of awe-inspiring cultural exchange. Carved into the cliffs where Eastern elegance met Western grandeur, the Yungang Grottoes testify to centuries of cultural integration. The intricate artis ...
2 Ultra-High-Yield Dividend Stocks Worth Buying Right Now
The Motley Fool· 2025-01-17 15:51
One is near 10% and the payout looks secure; the other has a high yield and great growth potential.In this video, Motley Fool contributors Jason Hall and Tyler Crowe share two of their favorite ultra-high-yield dividend stocks, Easterly Government Properties (DEA 1.01%) and Brookfield Renewable (BEPC -0.98%) (BEP -1.08%).*Stock prices used were from the afternoon of Jan. 15, 2025. The video was published on Jan. 18, 2025. ...