Tesla Board Chair Robyn Denholm says it is imperative that Chief Executive Elon Musk's 2018 $56 billion compensation package is reapproved if the EV giant wants to continue "motivating him" to work for the company, according to a regulatory filing Thursday. TSLA shares angled lower Friday. In a letter sent to Tesla shareholders Wednesday, Denholm implored investors to give Musk his 2018 pay deal.
Britain should set a date for halving the time it takes to settle a stock trade - and stick with it, U.S. Securities and Exchange Commission Chair Gary Gensler said on Thursday. Britain has said that UK stock markets should halve the time it takes to settle a trade on the London Stock Exchange and other platforms by the end of 2027, at the latest, to match Wall Street's move last month to complete a stock trade within one business day (T+1). The European Union has said that moving from T+2 to T+1 is a matter of when, rather than if, and some industry officials want Britain and the EU to synchronise the shift given the markets are interlinked.
Shares of Darden Restaurants (DRI) are rising following the company's better-than-expected earnings report, surpassing both revenue and profit estimates. Despite this beat, Guggenheim Securities Senior Analyst Gregory Francfort joins Catalysts to discuss his decision to trim estimates for the company's upcoming quarter. Francfort acknowledges Darden's position as the leading full-service restaurant chain but points out that "they continue to see a little bit of pressure on the low-end consumer." He also notes a shift in customer behavior, with "less check management" occurring, leading him to conclude that "there is a mixed read on the consumer" due to this dynamic. Over the past few years, Darden has maintained prices approximately 6-7% below its competitors, according to Francfort. However, this pricing strategy hasn't translated into significant traffic growth as consumers grappled with inflationary pressures. While the most recent quarter showed modest improvement in this trend, Francfort maintains a cautious outlook on the company's forward prospects. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
While laying an AI foundation with Amazon Bedrock, Amazon stock lays the groundwork for a breakout to a record high.
Republican presidential candidate back on campaign trail after jury verdict finds him guilty on all 34 counts at recent New York hush money trial
We recently compiled a list of the 10 Best Dividend Kings to Buy for Safe Dividend Growth. In this article, we are going to take a look at where H.B. Fuller Company (NYSE:FUL) stands against the other dividend stocks. Investors often closely track the fluctuations of the stock market, eagerly expecting price increases. However, they may […]
Residents must bring permit with them when using waste recycling centres to prove they live locally.
COMPANY ANNOUNCEMENT No. 192/2024 Tvis, 20 June 2024 New share-based incentive program for executive management of TCM Group A/S In accordance with the share-based incentive program for the company’s executive management, a Performance Share Unit Program (also “PSU”), launched in 2021, the Board of Directors of TCM Group A/S has granted a new plan covering the years 2024-2026. The objectives of the program are to align the interests of TCM Group A/S’ executive management with those of the compan
Bel Fuse Inc. ( NASDAQ:BELF.A ), might not be a large cap stock, but it saw a significant share price rise of 26% in...
“You continue to fight with a smile on your face, strength, and determination,” the 52-year-old said
Three fake batches under the brand name Ozempic were detected in the UK, Brazil and the United States last year
The Bank of England keeps borrowing costs unchanged, but hints it could cut rates later in the summer.
The Lemme co-founder welcomed baby Rocky Thirteen last November
Texas singer Sharleen Spiteri chows down at The Dover, lets loose at The Cow and drops an F-bomb or two over a certain renaming of Overground lines
Netflix (NFLX) announced an upcoming physical attraction called the "Netflix House," where consumers can interact with their favorite movies and TV shows in real life through immersive experiences. Needham & Co. Senior Media & Internet Analyst Laura Martin joins Catalysts to give insight into Netflix's recent announcement and the platform's move into sports and live-event streaming. "They were demoing it at the [2024 Netflix] Upfront where you can go in and have all of their hit shows in real life. So it's their version of a theme park. So they're sort of copying in a low capital intensity way... the Disney (DIS) playbook," Martin tells Yahoo Finance. "More merch, more video games... They continue to do innovative things. I think the return on capital for some of these things is unknown and unproven, but they're really innovative." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
TORONTO, June 20, 2024 (GLOBE NEWSWIRE) -- Woodbine Entertainment and Helmets to Hardhats Canada (H2H) are pleased to announce a new partnership for the 2024 King’s Plate, taking place at Woodbine Racetrack on August 17. Through the partnership, H2H will be recognized as the Official Building Trades Unions Veterans’ Liaison of the 165th running of The King’s Plate, and a Canadian Veteran will be included in the opening ceremony. “Woodbine is proud to support Helmets to Hardhats and its valuable
Cervical screenings aren't always pleasant but they're not as scary as some myths would have us believe.
Shares of KB Home (KBH) are rising after the company beat earnings estimates on the top and bottom lines and raised its housing revenue guidance. Yahoo Finance's Dani Romero reports more on the company's second quarter earnings and what they reveal about the state of the housing market. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
The latest official figures from the U.S. Census Bureau place median household income at $74,580. The Pew Research Center defines middle-income households as those "with an income that is two-thirds...
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