Dow Jones Technical Analysis The Federal Reserve Decision The Federal Reserve surprised market expectations with a slightly more hawkish stance by keeping interest rates steady at 5.00-5.25%, which was in line with forecasts, but revising the projected terminal rate in the Dot Plot by adding 50 basis points. The Fed opted to pause at this…
Shareholder Alert: Robbins LLP Informs Shareholders of Class Action Filed Against Eagle Pharmaceuticals, Inc. SAN DIEGO, Dec. 12, 2023 (GLOBE NEWSWIRE) — Robbins LLP informs investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Eagle Pharmaceuticals, Inc. (NASDAQ: EGRX) securities between August 8, 2023…
Petrobras Explores Bitcoin Mining as a Green Initiative Exploring New Avenues Petrobras, the Brazilian oil giant, is making strides in the world of cryptocurrency by expressing interest in bitcoin mining as a complementary activity. Marcelo Curi, a blockchain and crypto architect at Petrobras, recently revealed that the company is delving into this space along with…
Progressive (PGR) Reports Impressive Fourth-Quarter Earnings Progressive Corporation (PGR), a leading player in the auto insurance industry, recently announced its financial results for the fourth quarter of 2022. The company reported an impressive earnings performance, with diluted earnings per share (EPS) coming in at $4.01. Beating Analysts’ Estimates This figure surpassed the consensus expectations of…
Exciting News for IM Cannabis Corp. Private Placement Offering Announcement October 4, 2024 IM Cannabis Corp. has recently made a significant announcement regarding its intention to undertake a non-brokered private placement offering of up to US$1,613,000. This offering will involve the sale of approximately 625,000 units at a price per unit calculated based on the…
The Final Transaction of NEM’s Divestiture Program: Porcupine Operation Sold for $425 Million NEM, one of the world’s leading integrated energy and resources company, has announced the sale of its Porcupine Operation to an undisclosed buyer for a total consideration of $425 million. This transaction marks the final deal in NEM’s divestiture program, which was…
Welcome to the World of Wireless Technology! Financial Results of Aviat Networks, Inc. AUSTIN, Texas, Nov. 5, 2024 – Aviat Networks, Inc. reported financial results for its fiscal 2025 first quarter ended September 27, 2024 Aviat Networks, also known as Aviat, is the leading expert in wireless transport and access solutions. In their recent financial…
Financial Fun: Stellar Bancorp Beats Expectations Breaking Down the Numbers Stellar Bancorp (STEL) recently reported their quarterly earnings, coming in at $0.52 per share. This exceeded the Zacks Consensus Estimate of $0.48 per share, much to the delight of investors. However, this number is down from $0.55 per share from the previous year. While the…
