Author: Bella Hayes

In recent trading activity, Bernadette S. Aulestia, a director at Nexstar Media Group, Inc. (NASDAQ:), sold 500 shares of the company’s common stock. The shares were sold at an average price of $164.449 per share, amounting to a total transaction value of $82,224. Following this sale, Aulestia holds 2,000 shares of Nexstar Media Group stock. The transaction was reported on December 12, 2024, reflecting activity from the previous day.The sale comes at a time when Nexstar shows strong financial fundamentals, with a healthy 4.1% dividend yield and 25% dividend growth over the last year. According to InvestingPro analysis, the company…

Investing.com — Oil prices are likely to drop 10% from current levels in 2025, weighed down by a wave of supply that will likely outpace demand, analysts at BofA said in a recent note.  crude to average $61 per barrel next year, with at $65 per barrel, representing a more than 10% from current prices for both contracts. A rise in non-OPEC supply and sluggish global growth are at the heart of the analysts’ bearish outlook, which calls for a surplus in 2025. Supply to grow by 1.4M barrels per day, led by non-OPEC+ producers such as the U.S., Argentina,…

Investing.com — India’s stock market has entered its longest bull run, surpassing the 2003-08 rally in duration but have delivered only a third of its cumulative returns. Morgan Stanley (NYSE:) analysts believe the current market, marked by low volatility and strong relative gains against emerging markets, still has room to grow. The ongoing rally, which began in March 2020 during the pandemic’s early uncertainty, has been supported by several macroeconomic factors and structural shifts. Key factors driving the next phase include a declining primary deficit, democratisation of investing and credit, robust consumption, improved social equity with higher female workforce participation, and…

CrowdStrike (NASDAQ:) checks every box in MDR technology excellence as Frost & Sullivan’s Company of the Year; CrowdStrike also recognized as Gartner (NYSE:) Voice of the Customer Customers’ Choice AUSTIN, Texas–(BUSINESS WIRE)–CrowdStrike (NASDAQ: CRWD) today announced it has been recognized as a Customers’ Choice in the 2024 Gartner Peer Insights™ ˜Voice of the Customer’ Managed Detection and Response report. CrowdStrike also earned Frost & Sullivan’s Company of the Year award in the MDR market and was named an Overall Leader in KuppingerCole’s 2024 Leadership Compass for MDR. Cyberattacks are becoming increasingly sophisticated, faster and stealthier, creating unprecedented challenges for security…

LONDON – Tullow Oil (LON:) PLC, an independent oil and gas exploration company, has confirmed that it is engaged in preliminary discussions with Kosmos Energy Ltd (NYSE:) regarding a potential all-share takeover bid. This confirmation comes in response to recent media speculation about the possible offer. The company has emphasized that there is no certainty that any offer will be made, nor as to the terms of any potential offer. Investors are advised that these discussions are at an early stage, and further announcements will be made as appropriate. Under the rules of the City Code on Takeovers and Mergers,…

In a remarkable display of market confidence, Insulet (NASDAQ:) Corporation’s stock (PODD) has achieved a new 52-week high, with shares peaking at $279.42. According to InvestingPro analysis, the company maintains strong financial health with liquid assets exceeding short-term obligations and operates with moderate debt levels. This significant milestone underscores the company’s robust performance over the past year, which is further reflected in an impressive 1-year change, showing a 35.55% increase. The company’s strong financial position is evidenced by its sufficient cash flows to cover interest payments and consistent profitability over the last twelve months. Investors have responded positively to Insulet’s…

WILDLIGHT, FL / ACCESSWIRE / December 12, 2024 / Rayonier (NYSE:), a leading timberland real estate investment trust, is pleased to announce the award of $144,125 in grants to 46 local organizations serving Nassau County and North Florida. This year’s grants, distributed through the Rayonier Community Fund, will support a diverse range of impactful programs, including those focused on education, environmental conservation, cultural enrichment, civic engagement, and health and human services. “Rayonier is committed to strengthening the communities where we live and work,” said Rayonier Senior Vice President and Chief Financial Officer April Tice. “These organizations are the backbone of…

Investing.com — Uber Technologies Inc (NYSE:) is positioned for strong growth across its core businesses, helped by rising margins, expansion in delivery operations, and robotaxi partnerships, says TD (TSX:) Cowen. Shares up more than 3% premarket. Uber’s core Mobility business is projected to grow in the low- to mid-teens year-over-year on geographic expansion, especially into less dense markets with limited rideshare coverage. Uber noted that about half of the U.S. market remains underpenetrated. Delivery operation is growing helped by grocery and other verticals, which reached a $7 billion run-rate earlier this year, along with increased frequency, basket size, and membership in…

Gevo (NASDAQ:), with a mission to convert renewable energy and biogenic carbon into sustainable fuels and chemicals, operates one of the largest dairy-based renewable facilities in the U.S. and the first production facility for specialty alcohol-to-jet fuels and chemicals. While the company reported revenue growth of 16.59% in the last twelve months, InvestingPro analysis indicates challenges with profitability, showing negative EBITDA of $75.61 million. The company also tracks and verifies its carbon footprint through its subsidiary, Verity. For deeper insights into Gevo’s financial health and growth prospects, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro, which…

Meta, the parent company of Facebook (NASDAQ:), has confirmed a $1 million donation to the inaugural fund of President-elect Donald Trump. This move comes on the heels of a meeting between Meta CEO Mark Zuckerberg and Trump at Mar-a-Lago two weeks prior. The Wall Street Journal was the first to report on this contribution. The donation marks a significant shift in Meta’s stance towards Trump, particularly in light of the company’s decision to ban him from its platforms nearly four years ago following the January 6, 2021, Capitol riot. This change in approach is seen as Zuckerberg’s effort to take…