An aerial view of the Dundalk Marine Terminal October 03, 2024 in Baltimore, Maryland. Anna Moneymaker | Getty ImagesA major union for U.S. dockworkers and the United States Maritime Alliance agreed on Thursday to a tentative deal on wages and have extended their existing contract through Jan. 15 to provide time to negotiate a new contract.The move ends a strike that had snarled East Coast and Gulf Coast ports since the beginning of the week and threatened U.S. supply of fruits, automobiles, and other goods. “The International Longshoremen’s Association and the United States Maritime Alliance, Ltd. have reached a tentative agreement…
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LAS VEGAS–(BUSINESS WIRE)–Light & Wonder, Inc. (NASDAQ and ASX: LNW) (Light & Wonder or the Company) today released a video statement from President and Chief Executive Officer, Matt Wilson, on the recent developments on the litigation regarding Dragon Train. The video statement is available on our website at https://explore.investors.lnw.com, under the Recent Events section and archived under Events and Presentations. About Light & Wonder, Inc. Light & Wonder, Inc. is the leading cross-platform global games company. Through our three unique, yet highly complementary businesses, we deliver unforgettable experiences by combining the exceptional talents of our 6,500+ member team, with a…
Extra Space Storage Inc. (NYSE:) CEO Joseph D. Margolis has sold 7,500 shares of company stock on October 1st, according to a recent SEC filing. The shares were sold at a price of $178.52 each, totaling approximately $1.34 million. The transaction was conducted under a prearranged 10b5-1 trading plan, which allows company insiders to set up a trading plan for selling stocks they own. Margolis still holds a significant number of shares after the sale. Directly, he has 61,865 shares of Extra Space Storage Inc. Additionally, he has indirect ownership through entities such as Cove Hollow Lane II, LLC, and…
Robert Thomas Freeman, the Chief Financial Officer of Alignment Healthcare, Inc. (NASDAQ:ALHC), has recently sold a significant number of shares in the company, according to the latest SEC filings. The transactions, which took place on October 1st and 2nd, involved the sales of common stock totaling over $328,000. Freeman sold 12,200 shares at a weighted average price of $10.1147, with individual prices ranging from $10.00 to $10.99 per share. Additionally, 9,175 shares were sold at an average of $11.3814 each, with the price per share varying between $11.00 and $11.86. On the following day, another batch of 9,125 shares was…
When it comes to growth potential over time, few stocks have matched Amazon (NASDAQ: AMZN). The e-commerce pioneer has evolved from an online bookseller to a conglomerate that leads the way in several niches of retail and technology.In hindsight, if one had the patience to wait and the fortitude to ride out massive declines, a $1,000 investment in the company’s initial public offering (IPO) would have paid off handsomely for shareholders.Amazon’s growthA $1,000 investment at the closing price on the day of the IPO and not sold would be worth roughly $1.87 million today. The stock made its debut on…
SAN FRANCISCO–(BUSINESS WIRE)–Vir Biotechnology, Inc. (NASDAQ:VIR) today announced that Mark Eisner, M.D., M.P.H., Executive Vice President and Chief Medical Officer, is scheduled to participate in a fireside chat at the H.C. Wainwright 5th Annual Viral Hepatitis Virtual Conference on Tuesday, October 8, at 10:00 a.m. PT / 1:00 p.m. ET. A live webcast of the fireside chat will be made available under Events & Presentations in the Investors section of the Vir website at www.vir.bio and will be archived there for 30 days. About Vir Biotechnology (NASDAQ:), Inc. Vir Biotechnology, Inc. is a clinical-stage biopharmaceutical company focused on powering the…
Paycom (NYSE:) Software, Inc.’s (NYSE:PAYC) CEO, President, and Chairman, Chad R. Richison, has recently sold a significant amount of company stock, according to a new SEC filing. The transactions, which occurred on October 2, 2024, involved a series of sales totaling over $649,821. The sales were executed at varying prices, with the range for the transactions falling between $165.91 and $167.63. The filing indicates that these sales were part of a prearranged trading plan, which allows insiders to sell shares at predetermined times to avoid any accusations of insider trading. Richison’s transactions involved multiple sales of Paycom’s common stock. The…
MEXICO CITY (Reuters) – A group of Mexican Catholic bishops on Thursday condemned the killing two days earlier of six migrants by Mexican soldiers in the country’s south, and the bishops called for an investigation into the incident. Six migrants died and 10 were injured in the southern Mexican state of Chiapas on Tuesday after soldiers fired on the pick-up truck they were traveling in. A statement from a migration-focused subgroup of the Mexican Episcopal Conference said the group “emphatically rejects the disproportionate use of lethal force by agents of the state.” “The Mexican state is obligated to conduct a…
By Michael S. DerbyNEW YORK (Reuters) – U.S. Federal Reserve losses crossed the $200 billion point this week, according to data released on Thursday by the central bank.The Fed reported that as of Wednesday, the level of its so-called earnings remittance to the Treasury Department stood at negative $201.2 billion. The number represents a paper loss that central bank officials have noted does not impair their ability to conduct monetary policy.The negative number is captured in an accounting measure the Fed calls a deferred asset. The Fed must cover this shortfall before it can begin returning excess earnings to the…
Stew Leonard, Jr., CEO of grocer Stew Leonard’s, told CNBC his grocery stores frontloaded what they could and are good through Thanksgiving for most items, but customers looking for fresh produce and fish might have to modify their buying, and bananas could spike in price.Bloomberg | Bloomberg | Getty ImagesAs the East and Gulf Coast ports strike continues for a third day on Thursday, consumer fears over product shortages have led to panic buying along the East Coast and Gulf Coasts, with shoppers buying up toilet paper and other household items, leaving barren shelves in their wake.The National Grocers Association,…