A well-loved family-owned garage, known for its dedication to the local community for nearly a century, has officially closed its doors. R Jackson Motors, located in Herne Bay, Kent, had been a longstanding fixture on Bullockstone Road since 1932. A garage that has serviced “a number of exotic and classic cars” throughout its history has now shut down After 92 years, the independent garage has closed so that its longtime owners, Richard and Brenda Jackson, can finally step into retirement. In an interview, Richard, aged 72, shared: “As Brenda and I are both now in our early 70s, we have…
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Image source: Getty Images The blue-chip FTSE 100 and mid-cap FTSE 250 are both up year to date. Here, I’ll look at what I’d have now if I’d invested £25k in the FTSE 350 index at the beginning of January. What is it? The index in question combines the largest 350 companies listed on the London Stock Exchange, specifically the constituents of the FTSE 100 and FTSE 250. It offers a broad view of UK corporate performance, spanning diverse sectors like finance, healthcare, energy, and consumer goods. As such, it can be seen as a benchmark for the overall economic…
What’s the quintessential 1950s Chevy? Many would say one of the Tri-Fives, with the 1955 model often seen as the purest of the series, especially the Nomad version. Others might argue that the iconic ’57, with its available fuel injection, should hold the top spot. However, I present a contender as the ultimate classic 1950s Chevrolet: this 1959 Chevrolet Impala convertible, equipped with fuel injection. We’re all familiar with the tale of Chevrolet and Chrysler in the 1950s, but let’s revisit it briefly: Chevrolet, once seen as conservative and conventional, transformed in 1955. While Pontiac is often celebrated for evolving…
Investing.com – Illumina (NASDAQ: ) reported third quarter EPS of $1.14, $0.26 better than the analyst estimate of $0.88. Revenue for the quarter came in at $1.08B versus the consensus estimate of $1.08B. Guidance Illumina sees Q4 2024 revenue of $1.07B versus the analyst consensus of $950.00M. Illumina sees FY 2024 EPS of $4.05-$4.15 versus the analyst consensus of $3.91. Illumina’s stock price closed at $153.49. It is up 21.14% in the last 3 months and up 35.08% in the last 12 months. Illumina saw 7 positive EPS revisions and 11 negative EPS revisions in the last 90 days. See…
Realty Advisors Inc, a ten percent owner of New Concept Energy, Inc. (AMEX:GBR), reported a significant transaction involving the company’s stock. According to the recent filing, Realty Advisors sold 248,681 shares of New Concept Energy’s common stock on October 31, 2024. The shares were sold at a price of $1.17 each, resulting in a total transaction value of $290,956. Following this sale, Realty Advisors holds 896,254 shares in the company. This transaction was signed off by Gina Kay, Vice President, Secretary, and Treasurer of Realty Advisors. InvestingPro Insights To provide additional context to the recent insider transaction at New Concept…
Turkey has joined the Minerals Security Partnership (MSP) forum to cooperate with the United States, the European Union and others on the production of critical raw materials and rare earth elements, official sources told Middle East Eye. “The state department can confirm that the government of Türkiye has joined the [MSP] forum”, a US State Department spokesperson told MEE. “There will be a formal announcement in the coming weeks.” Rare earth elements are used in the manufacture of many high-tech devices, from the screens of smart phones and computers, to the batteries of hybrid and electric cars. The MSP is…
Additive manufacturing, often referred to as “3D printing,” is widely used in prototyping, enabling the creation of parts without the need for costly tooling or skilled machining. Automakers utilize this technology for design and occasionally even for producing parts, with companies like Czinger leveraging it to fabricate significant structural elements in lightweight sports cars. While some hot rod shops have embraced 3D printing, it wasn’t until we saw Jay Leno speak at a networking event organized by Aria Group—a manufacturing firm collaborating with 3D printing company Stratasys—that we fully grasped how beneficial additive manufacturing can be for collectors and restoration…
In recent years, wearable medical devices have made significant strides in healthcare, enabling more effective monitoring and treatment for various conditions. This trend is driven by advancements in sensor technology, artificial intelligence, and data analytics that allow continuous, real-time health tracking. Such devices are increasingly adopted in clinical settings, especially for chronic conditions, where remote monitoring can improve patient outcomes and reduce healthcare costs. A key player in this space, iRhythm Technologies, Inc. (IRTC), has positioned itself as an innovator with its Zio cardiac monitoring devices. These devices address the growing need for effective, scalable cardiac monitoring solutions in outpatient…
Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 18, 2024 (L), and Amazon CEO Jeff Bezos speaks during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 2, 2021.ReutersPhysical Intelligence, a robot startup based in San Francisco, has raised $400 million at a $2.4 billion post-money valuation, the company confirmed Monday to CNBC.Investors included Amazon founder Jeff Bezos, OpenAI, Thrive Capital and Lux Capital, a Physical Intelligence spokesperson said. Khosla Ventures and Sequoia Capital are also listed as investors on the company’s website.Physical Intelligence’s new valuation is…
When you think of where the ultra-wealthy put their money, you might picture portfolios heavy in stocks, maybe some bonds and a splash of luxury assets like art or rare cars. But in reality, the top asset for many high-net-worth individuals (HNWIs) isn’t stocks. Instead, real estate dominates, making up a substantial chunk of their wealth. Don’t Miss: Why the Wealthy Favor Real Estate For the ultra-wealthy, real estate isn’t just another investment; it’s the foundation of their portfolio. Real estate is a “real asset” with long-term growth potential that doesn’t fluctuate as wildly as the stock market. This stability…