[ad_1] (Reuters) – Genetic testing firm 23andMe Chief Executive Officer Anne Wojcicki would no longer be open to considering third-party takeover proposals for the company, a regulatory filing showed on Monday. “It has become even clearer to me that the best path forward for the (company) is for me to take the company private,” Wojcicki said. Wojcicki had said earlier this month she would consider third-party takeover proposals while continuing to evaluate and negotiate a deal. In July, the CEO and co-founder proposed to acquire all outstanding shares of the firm not already owned by her or her affiliates for…
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[ad_1] Market information is displayed on monitors as a trader works on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 4, 2024. Andrew Kelly | ReutersStock futures were little changed on Monday evening, after the S&P 500 closed at a record to end September.Futures tied to the Dow Jones Industrial Average ticked down 70 points or 0.1%. S&P 500 futures inched lower by 0.2%, alongside Nasdaq 100 futures.In the regular session, the S&P 500 and the 30-stock Dow notched closing records. Federal Reserve Chair Jerome Powell said on Monday that the central bank…
[ad_1] Jim Cramer Hand Picks These 3 Stocks To Ride The Crest Of The Chinese Stimulus FrenzyBenzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.China has gone all out to stimulate the domestic economy and a slew of measures the government and the central bank proposed has kickstarted a strong rally in the domestic stock market. CNBC Mad Money host Jim Cramer weighed in on the development and recommended a few stocks that could be potential beneficiaries.What Happened: “The Chinese are, once again, stimulating and everyone’s back,” said Cramer in a post…
[ad_1] Daniel R. Lee, the President and CEO of Full House Resorts Inc . (NASDAQ:), recently engaged in multiple transactions involving the company’s stock, according to the latest SEC filings. The executive sold shares totaling over $48,000, with prices ranging from $5.0015 to $5.0418. The sales were executed under a Rule 10b5-1 trading plan, which allows insiders to set up a predetermined plan to sell stocks at a specific time or price, offering protection against accusations of insider trading. This plan was adopted by Lee on June 11, 2024. On September 26, Lee sold 652 shares at weighted average prices…
[ad_1] MENLO PARK, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) — Today, Robinhood (NASDAQ:) Markets, Inc. (Robinhood) (NASDAQ: HOOD) announced that it will release its third quarter 2024 financial results on Wednesday, October 30, 2024, after market close. An earnings conference call will be held at 2:00 PM PT / 5:00 PM ET on the same day. A live webcast of the call and supporting materials will be available at investors.robinhood.com. Following the call, a replay and transcript will also be available on the same website. Robinhood shareholders can submit and upvote questions for management using the Q&A platform developed by…
[ad_1] In a move to secure additional time for completing its planned business combination, TMT Acquisition Corp. (NASDAQ:TMTC) has announced an extension of its liquidation deadline. The decision came after a shareholder vote on Monday, which approved an amendment allowing for up to five extensions to the original deadline. As per the 8-K filing with the Securities and Exchange Commission, TMT Acquisition Corp. disclosed that 2TM Holding LP, the company’s sponsor, agreed to contribute $140,000 monthly into the trust account for each extension month, starting from today, September 30, 2024, until December 30, 2024. This financial commitment is intended to…
[ad_1] US stocks bid farewell to the month and the quarter with fresh records as investors reacted to Federal Reserve Chair Jerome Powell vowing to do what it takes to keep the economy humming, while signaling he won’t rush future rate cuts.The S&P 500 (^GSPC) rose 0.4% to close at a new record, while the Nasdaq Composite (^IXIC) gained close to 0.4%. Meanwhile, the Dow Jones Industrial Average (^DJI) finished just above the flatline, securing its latest all-time-high.Typically the cruelest month for stocks, Wall Street indexes recorded monthly wins to close out the last trading day of September. Notably, the…
[ad_1] Kiromic BioPharma, Inc. (OTCQB:KRBP), a biotechnology company specializing in biological products, announced today that it has entered into a material definitive agreement involving the exchange of certain debt securities for equity. The company, based in Houston, Texas, has reached an agreement with a note holder to exchange $2.4 million in senior secured convertible promissory notes, along with accrued interest, for 3,000 shares of newly designated Series E Convertible Voting Preferred Stock. This transaction, which took place on Thursday, follows the company’s filing of a Certificate of Designation with the Delaware Secretary of State, designating 6,000 shares of its authorized…
[ad_1] Projections assuming that motorists will keep driving more and more miles can become self-fulfilling prophecies when transportation planners try to accommodate the demand rather than working to reduce it. (Planetizen) A new Federal Transit Administration directive requires transit agencies to do something about assaults against their employees. (Trains) It’s not true that Kamala Harris is busing supporters to rallies to artificially boost attendance. (Reuters) A New York judge ruled that a legal effort to revive congestion pricing can proceed. (NY Times) California Gov. Gavin Newsom signed a bill strengthening Caltrans’ complete streets policy. (CalBikes, Streetsblog CAL) If voters repeal…
[ad_1] Hagerty, Inc. (NYSE:HGTY) director Robert I. Kauffman has sold a total of 14,253 shares of the company’s Class A Common Stock in a series of transactions, according to a recent SEC filing. The sales, which occurred between September 26 and September 30, amounted to nearly $148,000. The transactions were executed under a Rule 10b5-1 trading plan, which Kauffman had adopted on August 11, 2023. This plan allows insiders to set up a predetermined schedule to sell stocks at a time when they are not in possession of material non-public information, providing a defense against accusations of insider trading. The…