Celebration, FL, July 03, 2025 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a real estate and PropTech company, today announced a major milestone in its growth trajectory, surpassing 3,000 real estate agents across its network. The Company also reported preliminary unaudited revenue of approximately $38.4 million for the first half of 2025, representing approximately 19.4% year-over-year growth compared to the same period in 2024. Joe La Rosa, CEO of La Rosa, comme ...

Core Viewpoint - Zhibao Technology Inc. has announced the acquisition of a controlling interest in Zhonglian Jinan Insurance Brokers Co., Ltd., which will significantly expand its branch network and enhance its insurance brokerage capabilities across China [2][5]. Group 1: Acquisition Details - Zhibao China will acquire 51% of Zhonglian Jinan for a total purchase price of RMB25.5 million (approximately $3.5 million), based on a valuation of RMB50 million for 100% equity [2][3]. - The payment will be made in four installments, with the first three installments of RMB7.65 million (approximately $1.05 million) due on July 31, 2025, July 31, 2025, and January 31, 2026, respectively [3]. - The fourth installment of RMB2.55 million (approximately $0.35 million) is contingent on Zhonglian Jinan generating revenue of at least RMB140 million (approximately $19.18 million) within one year following the first installment payment [3]. Group 2: Strategic Benefits - The acquisition is expected to more than double Zhibao's branch offices, enhancing its geographic reach and market presence [5]. - Zhibao gains immediate access to Zhonglian Jinan's existing brokerage licenses, which typically require lengthy regulatory approval to obtain [6]. - The integration of Zhonglian Jinan's product portfolio will complement Zhibao's offerings in various insurance sectors, including liability, accident, health, and commercial property [7]. Group 3: Company Background - Zhibao Technology Inc. is a leading InsurTech company focused on digital insurance brokerage services in China, having launched the first digital insurance brokerage platform in 2020 [9]. - Zhonglian Jinan, founded in June 2015, operates 28 province-level and 30 city-level branches, primarily focusing on non-auto insurance lines [11].

Celebration, FL, July 02, 2025 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) (“La Rosa” or the “Company”), a real estate and PropTech company, today announced that it will effect a 80-for-1 reverse split (“reverse split”) of its shares of common stock that will become effective on July 7, 2025 at 12:01 a.m. (Eastern Time). La Rosa’s common stock will continue to trade on Nasdaq under the symbol “LRHC” and will begin trading on a split-adjusted basis when the market opens on July 7, 2025. The ne ...

Integration of high-performing agent-led platform to expand residential real estate and specialty lending footprint  Los Angeles, CA, June 27, 2025 (GLOBE NEWSWIRE) -- OFA Group (Nasdaq: OFAL) (“OFA” or “the Company”), an integrated architecture and technology firm, today announced it has signed a Letter of Intent (“LOI”) to acquire a 60% controlling interest in Aspire Homes Realty Inc. and its affiliated lending platform, RateDNA, Inc. (“Acquisitions”). RateDNA is a high-growth, vertically integrated real ...

On the surface, Fastenal (FAST 0.56%), O'Reilly Automotive (ORLY -2.25%), and Interactive Brokers Group (IBKR 2.31%) might seem to have practically nothing in common. Fastenal is a leader in the distribution of industrial and construction supplies, especially fasteners. O'Reilly operates a chain of after- market auto parts stores. Interactive Brokers runs a popular online brokerage. There's no contest between these three stock-split stocks on current growth. Interactive Brokers' revenue jumped 18.6% year ov ...

Understanding incentives and narratives in the market is just as important as understanding its history; however, two truths remain constant through the test of time. People typically buy a stock to make a profit, but these same participants often hesitate to sell a stock just to realize those profits. Robinhood Markets TodayHOODRobinhood Markets$78.35 +3.40 (+4.54%) 52-Week Range$13.98▼$78.74P/E Ratio44.52Price Target$58.00Add to WatchlistSelling can be due to a variety of reasons, such as exercising stoc ...

Core Insights - The article discusses the recent trend of stock splits among influential companies, particularly in the context of the ongoing interest in artificial intelligence (AI) and the stock market's dynamics [1][2][4]. Stock Split Dynamics - Stock splits are described as a cosmetic tool for public companies, altering share price and outstanding share count without affecting market capitalization or operational performance [4]. - Investors generally favor forward stock splits, which lower share prices to make stocks more accessible, while reverse stock splits are often viewed negatively as they indicate struggling companies [5][6]. Notable Companies and Their Stock Splits - Fastenal completed a 2-for-1 forward split, marking its ninth split in 37 years, with shares appreciating over 200,000% since its IPO in 1987 [9]. - Fastenal's business model is closely tied to the U.S. economy, benefiting from cyclical demand for its products and services [10]. - O'Reilly Automotive executed a 15-for-1 forward split, enhancing its distribution network and share repurchase program, which has authorized nearly $26 billion in buybacks since 2011 [12][14]. - Interactive Brokers Group initiated a 4-for-1 forward split, boasting a market cap of $85 billion and a significant 271% rally over the past three years [16][17]. Performance Metrics - Interactive Brokers reported substantial year-over-year growth in key performance indicators (KPIs), including a 32% increase in customer accounts and a 50% rise in daily active revenue trades [22]. - The company’s competitive advantages stem from aggressive investments in technology and automation, allowing it to offer lower rates and attract new accounts [21]. Market Context - The article highlights the cyclical nature of the stock market, noting that bear markets have historically been shorter than bull markets, which benefits companies like Interactive Brokers [19][20]. - Despite a high valuation in the stock market, the long-term growth potential for Interactive Brokers remains strong due to its competitive edge and robust KPI growth [23][24].

BELLINGHAM, Wash., June 10, 2025 (GLOBE NEWSWIRE) -- eXp Realty®, “the most agent-centric real estate brokerage on the planet™” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced that a record-breaking 757 of its agents and teams have been named among the top real estate professionals in the country, according to the 2025 RealTrends Verified America’s Best List. With fewer than 0.1% of agents qualifying nationwide, inclusion in the RealTrends rankings is a rare achievement ...

Key Takeaways Five brokerages will pay $19M in a multistate settlement over excessive retail investor commissions. Regulators found firms violated FINRA Rule 2121 by applying high minimum fees on low-value trades. Edward Jones led with $11M in charges across 780K trades; firms must now revise commission policies.Five brokerage firms, LPL Financial (LPLA) , RBC Capital Markets, a subsidiary of Royal Bank of Canada (RY) , TD Ameritrade, a subsidiary of Charles Schwab (SCHW) , Stifel Financial (SF) , and Edw ...

Celebration, FL, June 05, 2025 (GLOBE NEWSWIRE) -- La Rosa Holdings Corp. (NASDAQ: LRHC) ("La Rosa" or the "Company"), a real estate and PropTech company, today announced further progress in its international expansion strategy, following successful participation in SIMA Madrid and the International Real Estate Congress in Málaga. The Company has established a subsidiary to act as a representative office in Madrid as part of its initial steps to develop La Rosa Realty España brand. Such subsidiary is curren ...