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Holders of Hertz Demand $188 Million Payment

Reported about 1 year ago

Some holders of Hertz Global Holdings Inc. warrants are demanding a payout of around five times the current stock price, claiming a change of control event was triggered by the company’s debt issuance and share buybacks. The holders argue that Hertz must redeem the warrants at $20.47 each, as per the change of control clause. Hertz has hired a law firm in response, stating the demand is frivolous.

Source: YAHOO

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Utilities sector AI craze out of hand

Reported about 1 year ago

Steve Sosnick, chief strategist at Interactive Brokers, suggests investing in the Real Estate Select Sector (XLRE) ETF due to its interest rate sensitivity and diverse coverage from offices to data centers. On the other hand, he warns against piling into utilities (XLU) as an AI play, explaining that while the sector's rate structure is fixed, the high costs and longer infrastructure building time may not lead to immediate payoffs. Sosnick advises holding existing utilities investments but refraining from buying more in the current AI-driven market trend.

Source: YAHOO

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Wyndham Clark warns of Pinehurst's challenging greens

Reported about 1 year ago

Defending champion Wyndham Clark raises concerns about the extreme speed and difficulty of Pinehurst No. 2's greens ahead of the 124th U.S. Open tournament. Clark describes the greens as firm, fast, and penal, making simple putts a challenge and emphasizing the importance of reads, break, and grain variation in putting. The weather forecast indicating low-90s temperatures and unlikely rain suggests the greens will be even more challenging during the tournament week, potentially affecting scores at the renowned golf course.

Source: YAHOO

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Nvidia股票分拆10股後上升

Reported about 1 year ago

Nvidia(NVDA)股票從周一開始以全新的10股分拆基準進行交易,將周五收盤價1,208.88美元調整為120.88美元。股票在分拆後的第一天收盤上漲近1%。這意味著在周四收盤之前持有Nvidia普通股的股東每持有一股股票都將獲得10股。股票分拆使持有股票變得更加負擔得起,降低了單股價格,並不會稀釋現有股東總持股價值。

Source: YAHOO

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Kate Linder Shares Her Double Life as a United Airlines Flight Attendant

Reported about 1 year ago

Actress Kate Linder, known for her role in The Young and the Restless, reveals her second job as a flight attendant for United Airlines and describes the unique experience as 'crazy' and 'amazing.' Linder shares interactions with fans during flights and credits her double life for keeping her humble, noting the joy of meeting new fans and hearing about their love for her TV shows. She also explains how she balances her acting career with her flight attendant job, emphasizing the importance of not forgetting who she is amidst both roles.

Source: YAHOO

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ATA CEO overpaid; summer shipping surge; Lego trucks; clean fuels | WHAT THE TRUCK?!?

Reported about 1 year ago

On WHAT THE TRUCK?!? Dooner discusses a report on the American Trucking Associations revealing that CEO Chris Spear earns $1.9 million, with questions about his results. Summer shipping demand is boosting the truckload market, with outbound tender volumes up over 7% and rates 4% higher than 2023 levels. A survey shows 72% of carriers would switch to alternate fuels if cost-effective. Chevron Renewable Energy Group's Jon Scharingson discusses clean fuels, addressing carrier perceptions, demands, needs, and emission standards. Other topics include billing approaches, selecting safe carriers, and trucking industry trends.

Source: YAHOO

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Bill Gross Sees Opportunity in European Bonds After Election Results

Reported about 1 year ago

Bill Gross, co-founder of Pacific Investment Management Co., believes European bonds are becoming more attractive compared to US Treasury bonds following surprising election outcomes in the region, with French bond yields hitting their highest point this year. Gross emphasized the narrowing spreads on German and French 10-year bonds compared to Treasuries, despite recent election uncertainties impacting markets. He also shared his investment preferences including pipeline master limited partnerships and regional bank stocks amid economic slowdown concerns, while anticipating potential impacts on assets as the US election approaches in November.

Source: YAHOO

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Chicago Council to Vote on City Infrastructure Debt for O’Hare and Office Rehabilitation

Reported about 1 year ago

Chicago Mayor Brandon Johnson is seeking approval to issue several billion dollars in bonds to modernize O’Hare International Airport and convert two office buildings into affordable apartments. The city council’s finance committee has voted on proposals adding up to over $4 billion, requiring full city council approval. Plans include issuing up to $3 billion for O’Hare improvements, $1 billion for short-term spending, and $400 million to refinance the water system. Additionally, the council approved bond sales for multi-family housing to increase affordable housing availability in the central business district.

Source: YAHOO

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FDA警告太平洋西北部麻痺性貝毒事項需知

Reported about 1 year ago

美國食品和藥物管理局表示,消費者應該避免食用來自俄勒岡州和華盛頓州的貝類,因為可能受到導致麻痺性貝毒的毒素污染。至少已有31人在俄勒岡州患病,根據州健康官員的說法。警告指出應該避免自2024年5月28日以來在俄勒岡州北部的奈塔茨灣和提拉穆克灣以及華盛頓州南部的威拉帕灣周邊地區採摘的牡蠣和灣蛤可能受到麻痺性貝毒的高水平污染。

Source: YAHOO

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Michelle and Barack Obama分享珍貴照片慶祝女兒莎莎23歲生日

Reported about 1 year ago

米歇爾和巴拉克·奧巴馬慶祝女兒莎莎23歲生日!父母在週一特別場合上在Instagram帳戶上分享了莎莎的珍貴照片,並附上感人的留言。米歇爾分享了她和莎莎相擁的照片,背景是一個屋頂陽台,莎莎身穿彩色連衣裙,搭配彩虹高跟鞋,米歇爾則穿著黑色連衣裙。巴拉克選擇分享莎莎小時候的回憶照,展示這個重要時刻。除了莎莎外,米歇爾和巴拉克還有他們的25歲女兒瑪莉亞。

Source: YAHOO

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Opinions of MLB Players on A's Move to Sacramento

Reported about 1 year ago

In a recent player poll by The Athletic, anonymous MLB players expressed negative opinions on the Oakland Athletics' pending move to Sacramento. Comments included criticism of the organization's treatment of Oakland and its fans, doubts about the team's commitment to winning, and discontent over relocating to Sacramento instead of finding a better solution. The move follows unresolved issues between the A's, fans, and owner John Fisher, leading to the team's decision to leave Oakland for three years before moving to a new stadium in Las Vegas in 2028, leaving behind 56 years of professional baseball history in the city.

Source: YAHOO

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Meet The International Megacaps That 'Match Or Surpass' Magnificent Seven Stocks

Reported about 1 year ago

Writing summary...

Source: INVESTORS

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Lawyers Demanding $5.6 Billion Payout after Blocking Elon Musk’s Tesla Pay Package

Reported about 1 year ago

Opposing lawyers who successfully argued against Elon Musk's record-setting 2018 pay package for Tesla are now requesting an unprecedented $5.6 billion in stock-based legal fees, which would be 17 times the largest fee in Delaware history. The legal team represented plaintiff Richard Tornetta, a Tesla shareholder, and won the case earlier this year. While Musk has expressed strong opposition, the decision is pending approval or denial of fees by the Delaware Court of Chancery on July 8.

Source: YAHOO

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Michael Cera的令人震驚和戲劇性的髮型轉變

Reported about 1 year ago

2024年以來,許多喜愛的男性名人採取了意想不到的多彩新髮型,其中包括Mike Myers的白髮和現在Michael Cera的戲劇性髮型轉變。在Tribeca Festival活動上,Cera不再維持傳統造型,而是以金髮捲髮現身,整體形象焕然一新。這個突如其來的改變令人眼前一亮,讓人為之驚艷。

Source: YAHOO

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Apollo and Kyndryl Bid for DXC Technology

Reported about 1 year ago

Buyout firm Apollo Global and IT services provider Kyndryl Holdings, derived from IBM, are considering a joint bid for DXC Technology, aiming for an acquisition offer of $22 to $25 per share. DXC Technology, an IT services vendor, is exploring options to sell its insurance software business for over $2 billion and may continue as an independent company. DXC's revenue has been impacted by reduced corporate spending, leading to cost cuts and restructuring. Apollo and Kyndryl have declined to comment on the matter, while sources remained anonymous. Kyndryl, specializing in infrastructure IT services, holds a market value of $6 billion, while Apollo, a major private equity investor, manages assets worth $671 billion.

Source: YAHOO

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GameStop股票走低,投資者等待迷因股下一步動向

Reported about 1 year ago

GameStop 股票結束了周一的交易,由於從上周五交易員 Keith Gill(又名 Roaring Kitty)的 YouTube 直播 — 他三年來的第一場直播 — 股票在盤前交易中猛漲而部分反彈,但結束時下跌了 12%。Gill 在周五的 YouTube 上再次為 GameStop 進行辯論,他說這家電玩零售商 GME 在首席執行官 Ryan Cohen 的領導下可以實現轉型。他相信 Cohen 有這個能力。

Source: YAHOO

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Alzheimer's drug receives FDA advisers' backing

Reported about 1 year ago

A key Alzheimer's drug from Eli Lilly received favorable feedback from FDA health advisers, paving the way for its anticipated approval for individuals with mild dementia caused by Alzheimer's. The drug, donanemab, demonstrated efficacy in slowing cognitive decline, although concerns were raised about potential side effects, including brain swelling and bleeding. If approved, donanemab would become the second Alzheimer's drug in the U.S. proven to slow memory issues associated with the disease.

Source: YAHOO

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Bond Traders to Focus on New Fed Projections Through 2025

Reported about 1 year ago

Bond traders are awaiting the Federal Reserve meeting this week for insight on interest rates beyond 2024, as officials are expected to adjust their projections in light of strong economic data. With a fresh inflation read showing prices above the central bank's comfort level, the market is debating whether future easing will be minimal next year. Options traders are anticipating elevated rates into 2026, signaling a shift in expectations from a prolonged easing cycle to a potentially shallower one. Analysts are closely monitoring the Fed's dot plot projections for potential revisions that could impact market dynamics.

Source: YAHOO

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Draymond Green Regrets Not Celebrating Jordan Poole's Contract Extension

Reported about 1 year ago

Draymond Green expressed regret over not celebrating Jordan Poole's four-year, $140 million contract extension with the Warriors after their strained relationship due to an incident where Green punched Poole during a practice session. Green, reflecting on 'The Draymond Green Show,' admitted missing the opportunity to support Poole as one of the worst feelings he's experienced as an NBA player. Despite Poole being traded to the Washington Wizards, Green still feels remorseful and wishes he could have been there to celebrate this significant moment in Poole's career.

Source: YAHOO

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Teamsters開啟談判:期望有何變化

Reported about 1 year ago

IATSE在談判桌前持續數月,卻在上週離席無果。隨著IATSE談判告一段落,現在輪到teamsters出場。從今天6月10日起,洛杉磯teamsters與399號當地工會以及洛杉磯基礎工藝將與Alliance of Motion Picture and Television Producers (AMPTP)展開為期三年的新合同談判。若teamsters未能於7月31日前與製片公司達成暫時協議,洛杉磯將極可能再度進入罷工,所有影視製作勢必停擺。本次teamsters談判的焦點將包括工資增加、退休金增加等議題,同時也會考慮到人工智慧可能取代部分teamsters工作的情況。

Source: YAHOO

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OpenAI在蘋果人工智能活動中扮演較小角色

Reported about 1 year ago

蘋果公司与OpenAI的合作在多月前開始進行,但在期待已久的開發人員活動中僅被簡單提及,iPhone製造商的自家技術占据了大部分焦點。在其全球開發者大會上,蘋果主要展示了自家軟件和功能,其中包括被稱為“蘋果智能”的一系列新人工智能工具。整場活動中只有大約兩分鐘用於介紹OpenAI的ChatGPT,而ChatGPT被蘋果包含在“蘋果智能”中。

Source: YAHOO

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10 Precautions To Take When You're Pregnant With Twins

Reported about 1 year ago

Expecting multiples comes with additional risks compared to a singleton pregnancy. This article provides 10 precautions to follow when pregnant with twins, including taking prenatal vitamins, avoiding unnecessary risks like extreme sports, maintaining a proper diet and hydration, not exercising excessively, avoiding alcohol, drugs, and smoking, refraining from hot tub use, not cleaning the cat box due to the risk of toxoplasmosis, managing energy levels to prevent burnout, and being vigilant about signs of preterm labor to ensure the health of both the mother and the babies.

Source: YAHOO

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Elliott Management takes $1.9B stake in Southwest Airlines

Reported about 1 year ago

Elliott Investment Management has acquired a $1.9 billion stake in Southwest Airlines as an activist investor, signaling potential leadership changes. The firm criticizes current management for underperformance and lack of modernization, aiming for a stock turnaround with a target price of $49 within a year. Southwest, historically praised for cost efficiency, faces challenges highlighted by Elliott, such as deeper losses and operational disruptions.

Source: YAHOO

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Regional Bank Stocks Slammed After Huntington Lowers Guidance

Reported about 1 year ago

Writing summary...

Source: BARRONS

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FDA 小組一致投票支持愛力莉新阿茲海默症治療方案

Reported about 1 year ago

FDA小組星期一以11比0的投票結果推薦使用愛力莉公司早期阿茲海默症治療方案,該藥名為多那莫抗體。這種單克隆抗體藥物每月透過靜脈注射長達18個月,如果FDA繼續批准,將成為市場上的第二種阿茲海默症藥物。小組討論了產品的安全性,儘管在試驗中出現了一些死亡報告,但結果顯示能減緩疾病進展。

Source: YAHOO

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