BRENTWOOD, Tenn.–(BUSINESS WIRE)–Delek US Holdings, Inc. (NYSE:DK) (Delek) announced today the closing of the previously announced sale of 100% of the equity interests in the Delek subsidiaries that operate Delek’s retail business (Delek US Retail) to a subsidiary of FEMSA (NYSE:FMX) for cash consideration of approximately $385 million, including the purchase of inventories. Avigal Soreq, President, and Chief Executive Officer of Delek, said, The completion of the sale of Delek US Retail to FEMSA is an important step in our value creation journey. We are pleased with this transaction and look forward to building upon our relationship with FEMSA in…
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Classic muscle cars are more than just high-performance vehicles they represent a unique era of automotive design and engineering. Unlike many modern cars, which focus heavily on electronics and functionality, muscle cars from the past had distinct features that added character and made them feel more personal to their owners. These cars were often built with a hands-on approach, emphasizing mechanical engineering over digital technology. This craftsmanship gave each muscle car its own personality, making it a reflection of the owner’s tastes and style. Today, muscle cars are becoming increasingly advanced, with features that prioritize efficiency and practicality. While these…
By Jamie McGeever(Reuters) – A look at the day ahead in Asian markets.The final quarter of the year is under way, and the sense of caution that characterized its open on Tuesday could not be further removed from the ebullience and optimism that marked the end of the third quarter 24 hours earlier.Investors fled risky assets like stocks for the safety of U.S. Treasuries, gold and the dollar as Iran fired a salvo of ballistic missiles at Israel on Tuesday in retaliation for Israel’s campaign against Tehran’s Hezbollah allies in Lebanon.The S&P 500 and global stocks had their worst day…
Paycom (NYSE:) Software, Inc. CEO, President, and Chairman Chad Richison recently sold a significant amount of company stock, totaling over $649,000. The transactions, which took place on September 30, 2024, were part of a prearranged trading plan. The sales involved two different sets of transactions, with the prices of shares sold ranging from $165.95 to $166.98. Specifically, Richison sold shares in multiple transactions at prices fluctuating between $165.53 to $166.31 for one set, and between $166.53 to $167.50 for another set. These weighted average prices indicate a strategic approach to the sales, maximizing returns within the specified price ranges. After…
Pickup trucks are a big deal in the US, where models like the Ford F-150, Chevrolet Silverado, and GMC Sierra are top sellers. These trucks are well-known for their power, reliability, and V8 engine options that handle tough jobs with ease. However, there’s a lesser-known alternative from outside the US that combines Japanese reliability with a strong V8 engine for those who prefer it over turbocharged options. The Nissan Titan is the most affordable V8-powered pickup truck from a non-US brand in 2024. As many automakers switch to turbocharged engines, the Titan stands out as one of the last V8-powered…
The Rolls-Royce Spectre Lunaflair is a one-of-a-kind luxury car that dazzles with its mesmerizing paint inspired by a lunar halo. When a special client was impressed by the beauty of this natural phenomenon, Rolls-Royce’s Bespoke Collective accepted the challenge. Layers Of Magical Paintwork On Rolls-Royce (Via Rolls-Royce) The Rolls-Royce Spectre Lunaflair A lunar halo occurs when light passes through ice crystals in high-altitude clouds, creating a colorful ring around the moon. Rolls-Royce used this as inspiration to create a stunning, color-shifting paint that changes as you move around the car. It took over a year to develop the Spectre Lunaflair’s…
(Reuters) -S&P Global downgraded Israel’s long-term ratings to ‘A’ from ‘A+’ on Tuesday, citing risks to the country’s economy and public finances from the escalating conflict with Iran-backed armed movement Hezbollah in Lebanon. The rating agency highlighted concerns over potential security threats, including retaliatory rocket attacks against Israel, which could worsen the economic impact. Peer Moody’s (NYSE:) cut the country’s credit rating two notches to “Baa1” last week and warned of a drop to ‘junk’ if the current heightened tensions with Hezbollah turned into a full-scale conflict. “We now consider that military activity in Gaza and an upsurge in fighting…
Traders work on the floor of the New York Stock exchange during morning trading on May 17, 2024.Michael M. Santiago | Getty ImagesStock futures slipped in overnight trading following a sour start to the new trading month and final quarter of 2024.Futures tied to the Dow Jones Industrial Average edged down 70 points, while S&P 500 futures and Nasdaq-100 futures lost about 0.1% and 0.2%, respectively.In after-hours action, Nike slid about 7% after the sneaker giant pulled its full-year guidance ahead of its CEO change. Elliott Hill will take the helm at Nike on Oct. 14. Fiscal first-quarter earnings at…
MINNEAPOLIS–(BUSINESS WIRE)–Alerus Financial Corporation (Nasdaq: ALRS) announced that it will issue its third quarter financial results on Tuesday, October 29, 2024. Alerus Financial (NASDAQ:) Corporation will also host a conference call at 11:00 a.m. Central Time on Wednesday, October 30, 2024, to discuss its financial results. Analysts and institutional investors may participate in the question-and-answer session. Attendees are encouraged to register ahead of time for the call. Conference Call InformationDate: Wednesday, October 30, 2024Time: 12:00 p.m. Eastern Time / 11:00 a.m. Central TimeRegister: https://www.netroadshow.com/events/login?show=dcf06687&confId=71912Telephone Access: 1-833-470-1428Access Code: 572067 A recording of the call and transcript will be available at investors.alerus.com…
Are You A ‘Rich’ Retiree? Here’s The Net Worth And Income You Need To Be In The Top 10%Retirement looks different for everyone, but what does it take to be in the top 10% of wealthy retirees?It’s not about flashy yachts or endless vacations. The top tier is defined by solid financial planning, diverse income streams and a clear understanding of stretching wealth beyond Social Security checks.If you’re curious about where you stand, here’s how to tell if you’re among the top retirees of 2024.Don’t Miss:The Top 10% Net Worth: What’s the Magic Number?To crack the top 10% of retirees,…