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SOL Global Investments Corp. has launched a new website reflecting its exclusive focus on the Solana blockchain ecosystem, emphasizing an acquisition strategy, network participation through proof-of-stake validation, and long-term value creation via blockchain infrastructure investments. Interim CEO Paul Kania highlighted the website as a gateway for stakeholders to understand the company's vision and the opportunities within the Solana ecosystem. The site features an "Investors" section with financial reports, press releases, and real-time market data to ensure transparency.
Shares in Technology Minerals PLC surged 273% following its subsidiary Recyclus Group's offtake agreement with Glencore PLC for black mass, a material derived from spent lithium-ion batteries. This deal, starting with a 100-tonne trial, marks a significant milestone in the battery recycling market, supporting sustainable practices as demand for recycled materials grows amid the electrification shift. Glencore's broader strategy includes partnerships to enhance its battery recycling capabilities, reflecting the increasing competition and importance of securing critical metals from recycled sources.
SOL Global Investments Corp. has launched a redesigned website to reflect its exclusive focus on the Solana blockchain ecosystem. The platform outlines the company's investment strategy, emphasizing sustainable growth, active network participation, and long-term value creation. Interim CEO Paul Kania highlighted the website as a resource for stakeholders to understand the company's vision and the opportunities within the Solana ecosystem.
Sandoz has entered a settlement agreement for USD 275 million with the end payer plaintiffs in the US Generic Drug Antitrust Class Action Litigation, resolving claims from 2009 to 2019 without admitting wrongdoing. A provision of USD 265 million has also been set aside for outstanding claims, with no impact on the company's 2024 guidance. The settlement is subject to court approval, and Sandoz continues to defend against remaining antitrust claims.
Under Armour, Inc. specializes in developing, marketing, and distributing branded sportswear, footwear, and accessories for men, women, and youth. The company operates across four regions: North America, EMEA, Asia-Pacific, and Latin America, utilizing both wholesale and direct-to-consumer sales channels. In the EMEA region, sales are primarily through independent wholesalers and e-commerce, while in Asia, distribution includes partnerships and online platforms.
Under Armour, Inc. has received a Buy rating from UBS. The company specializes in the development, marketing, and distribution of branded athletic performance apparel, footwear, and accessories for men, women, and youth across various global markets, including North America, EMEA, Asia-Pacific, and Latin America. Its products are sold through wholesale and direct-to-consumer channels, as well as e-commerce platforms and physical stores.
Under Armour, Inc. has received a Buy rating from UBS. The company specializes in the development, marketing, and distribution of branded athletic performance apparel, footwear, and accessories for men, women, and youth across various global markets, including North America, EMEA, Asia-Pacific, and Latin America. Its products are sold through wholesale and direct-to-consumer channels, as well as e-commerce platforms and physical stores.
Canadian Imperial Bank of Commerce (TSE:CM) received a target price increase from UBS Group, now set at C$102.00, indicating an 8.28% potential upside. Despite a "Moderate Buy" rating, top analysts favor five other stocks over CIBC. Insider selling activity has been noted, with significant shares sold recently.
Canadian Imperial Bank of Commerce (TSE:CM) received a target price increase from UBS Group, now set at C$102.00, indicating an 8.28% potential upside. Analysts maintain a "Moderate Buy" rating, with a consensus target of C$92.67, while insider selling has been noted recently. The stock's performance shows a 52-week range between C$59.53 and C$95.50, with a current price of C$94.20.
Brookfield Asset Management (TSE:BAM) received a "buy" rating from UBS Group, while Wells Fargo downgraded it to "strong sell." The stock rose 2.4% to C$83.67, with a market cap of C$35.05 billion and a P/E ratio of 55.77. Insider transactions included significant sales by directors, with insiders owning 14.10% of the company.
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