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[ad_1] SCHAUMBURG, IL – Giftify, Inc. (NASDAQ: GIFT), a company specializing in digital incentives and rewards, has entered into an agreement to sell approximately $5 million of its common stock in a direct offering to select investors. The company, currently valued at $26.3 million, has seen its stock price decline by over 75% in the past year. According to InvestingPro analysis, the stock is currently trading near its Fair Value. The transaction is slated to close around December 26, 2024, contingent on standard closing conditions. The offering is being managed by Craft Capital LLC as the sole placement agent. According…

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[ad_1] Vince Holding Co. (VNCE) shares have reached a notable peak, touching a 52-week high of $4.82. According to InvestingPro analysis, the stock’s RSI indicates overbought territory, while trading at a relatively modest P/E ratio of 11.7x. This milestone underscores a period of significant growth for the fashion brand, which has seen its stock value surge over the past year. Investors have been buoyed by Vince’s performance, as the company’s shares have climbed an impressive 130% over the past 12 months, with a remarkable 77% gain in just the past week. The ascent to this week’s high point reflects a…

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[ad_1] Summary Johnson Controls is a global industrial company founded in 1885 and headquartered in Cork, Ireland. The company, which employs approximately 100,000 people across 150 countries, creates intelligent buildings, efficient energy solutions, integrated infrastructure, and transportation systems. The shares are a component of the S&P 500. INDUSTRIAL Our rating on the Industrial sector is Market-Weight. Although valuations are attractive, that mainly reflects weak share prices. In a high interest-rate environment, enterprise demand for industrial solutions has softened and may take time to recover. As of the end of September, the sector accounted for 8.5% of S&P 500 market capitalization.…

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[ad_1] By Stephen Culp NEW YORK (Reuters) -Wall Street stocks rose sharply on Friday and the dollar softened as cooler-than-expected inflation data helped investors look past the possibility of a government shutdown and fresh tariff threats from U.S. President-elect Donald Trump. All three major U.S. stock indexes jumped more than 1%, gold surged and benchmark U.S. Treasury yields eased from multi-month highs. A report from the Commerce Department showed the PCE price index, the Federal Reserve’s preferred inflation yardstick, came in cooler than analysts expected, supporting the narrative that price growth remains on a path toward achieving the U.S. central…

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[ad_1] Richard Stephen | Istock | Getty ImagesAs Congress scrambles to avoid a government shutdown, the Senate is also poised to consider another bill that would increase Social Security benefits for some public workers.But the bill, the Social Security Fairness Act, may undergo changes if some Senators’ efforts to add amendments are successful.Per the original proposal, the Social Security Fairness Act calls for eliminating Social Security provisions known as the Windfall Elimination Provision, or WEP, and Government Pension Offset, or GPO, that have been in place for decades.The WEP reduces Social Security benefits for individuals who receive pension or disability…

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[ad_1] Investing.com — The dollar recently notched fresh year-to-date highs against its rivals and is likely to remain strong after the Federal Reserve leaned more hawkish at its recent December meeting, analysts from UBS said in a recent note. “While we still expect the dollar to fall, we now see less weakness in 2025 given these factors and adjust our forecasts slightly,” analysts from UBS said in a recent note. The less bearish view on the USD comes in the wake of the greenback making fresh year-to-date highs in key exchange rates and the expectations for fewer U.S. rate cuts.  “The…

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[ad_1] John Yogi Spence, an adviser personnel at XAI Octagon Floating Rate & Alternative Income Trust (NYSE:XFLT), recently acquired 2,000 common shares of the company. The purchase, executed on December 19, was made at a price of $6.50 per share, totaling $13,000. Following this transaction, Spence holds a direct ownership of 546,806.094 shares. Additionally, indirect holdings include 782.051 shares through his spouse, 26,477.041 shares via XMS Holdings LLC, and 10,250 shares through XA Investments LLC. With a market capitalization of $385 million, XFLT stands out for its impressive 14.11% dividend yield and maintains a GREAT financial health score, as reported…

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[ad_1] By Savyata Mishra, Gursimran Mehar and Renee Hickman (Reuters) -Some members of the workers’ union representing more than 10,000 baristas at Starbucks (NASDAQ:) began a five-day strike at stores in Los Angeles, Chicago and Seattle starting Friday, citing unresolved issues over wages, staffing and schedules. This is the latest in a series of labor actions that have picked up pace across service industries following a period when workers at manufacturers in the automotive, aerospace and rail industries won substantial concessions from employers. At Starbucks, the Workers United union, which represents employees at 525 stores across the U.S., said late…

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