The Anti-Bribery Law: A Complex Web Connecting Tesla and the Department of Justice In a curious turn of events, an anti-bribery law whose enforcement was suspended by former President Donald Trump has been employed by the Department of Justice (DoJ) to extract settlements worth over $1.5 billion from companies with Tesla among their customer base….
Florida Proposes Bill to Invest State Funds in Bitcoin The Rise of Bitcoin Bitcoin, the world’s first decentralized cryptocurrency, continues to make headlines as it gains adoption from institutional giants and governments. Its recent surge in popularity has prompted the State of Florida to propose a bill that would allow state funds to be invested…
Charmingly Eccentric: A Closer Look at Indivior PLC Introduction Indivior PLC, a company known for its innovative approach to pharmaceuticals, has recently found itself in hot water. A class action lawsuit has been filed against the company and certain officers, alleging violations of federal securities laws. The lawsuit, which covers a specific period between February…
Marriott International Q4 2024 Earnings Call Highlights Company Participants: – Anthony Capuano: President, Chief Executive Officer – Leeny Oberg: Chief Financial Officer – Jackie McConagha: Senior Vice President, Investor Relations Conference Call Participants: – Shaun Kelley: Bank of America – Patrick Scholes: Truist Securities – Conor Cunningham: Melius Research – Richard Clarke: Bernstein – Robin…
Investigation Launched Against Huntington Ingalls Industries, Inc.: A Detailed Look In a recent press release, Pomerantz LLP, a renowned securities law firm based in New York City, announced that they are investigating potential securities fraud claims on behalf of investors in Huntington Ingalls Industries, Inc. (Huntington Ingalls or the Company) (NYSE: HII). Background Huntington Ingalls…
Delighting the Analysts: Kinsale Capital Group’s Fourth-Quarter Earnings Breaking Down the Numbers Specialty insurer Kinsale Capital Group (KNSL 2.19%) had investors buzzing with excitement as they reported their fourth-quarter 2024 earnings on Thursday, Feb. 13. To everyone’s surprise, Kinsale’s adjusted earnings per share (EPS) came in at $4.62, soaring high above the expected $4.34. It…
Dividend Compounding: When Overvalued Stocks Make You Pause Ah, dividend compounding – the beautiful dance between reinvesting those tasty dividends and watching your wealth grow over time. It’s a strategy as simple as it is effective, right? Well, not always. The Magic of Dividend Compounding… Let’s start with the basics. Dividend compounding is the process…
Russia and North Korea’s Growing Partnership: A Cause for Concern? The Current State of Affairs While Russia and North Korea getting chummy is never a good thing for the West, even a “comprehensive strategic partnership” is unlikely to tip the balance in any meaningful way—and could well backfire if Beijing gets peeved. The recent meetings…
