Quite unexpectedly, 2024 has not been a good year for electric vehicle makers thus far — at least for most of them. An unfavorable macro environment and stubborn supply chain issues, coupled with slowing demand have come together to form a market where just a couple of carmakers can win — while others are resigned to seemingly endless struggles.
Billionaire Ron Baron, who is the founder and CEO of Baron Capital Group, an investment advisory and fund management firm, recently shared his thoughts with CNBC. He believes that Tesla (TSLA -1.58%) could reach a value of $5 trillion in the next ten years.
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) today reported results for its third quarter, described by chief executive Marshall Abbott as the firm's ‘best on record'. Revenue was up 53% to $21.3 million as production grew 64% thanks to new wells coming online.
Since Election Day, the electric vehicle manufacturer and cryptocurrency have significantly outperformed the S&P 500. However, their valuations have become quite high, making analysis more complicated.
NEW ORLEANS--(BUSINESS WIRE)--Charles C. Foti, Jr., the former Attorney General of Louisiana, along with the law firm Kahn Swick & Foti, LLC (“KSF”), is looking into the planned sale of Summit Materials, Inc. (NYSE: SUM) to Quikrete Holdings, Inc. If the deal goes through, Summit shareholders will get $52.50 in cash for each share they own. KSF aims to find out if this offer and the way it was reached are fair.
NEW ORLEANS--(BUSINESS WIRE)--Charles C. Foti, Jr., the former Attorney General of Louisiana, along with the law firm Kahn Swick & Foti, LLC (“KSF”), is looking into the planned sale of Poseida Therapeutics, Inc. (NasdaqGS: PSTX) to Roche Holdings, Inc. If the deal goes through, Poseida shareholders will get $9.00 in cash and a non-tradeable right to receive additional payments of up to $4.00 per share, depending on certain conditions being met.
NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and their partner, former Louisiana Attorney General Charles C. Foti, Jr., want to remind investors that they have until January 27, 2025, to apply as lead plaintiffs in a securities class action lawsuit against Rentokil Initial plc (the “Company”) (NYSE: RTO). This applies to those who bought the Company's American Depositary Shares (“ADSs”) between December 1, 2023, and September 10, 2024, during the “Class Period.” The lawsuit is currently ongoing.
NEW ORLEANS--(BUSINESS WIRE)--Charles C. Foti, Jr., the former Attorney General of Louisiana, and the law firm Kahn Swick & Foti, LLC (“KSF”) are looking into the planned sale of Brightcove Inc. (NasdaqGS: BCOV) to Bending Spoons. If the deal goes through, Brightcove shareholders will get $4.45 in cash for each share they own. KSF aims to find out if this offer and the way it was reached are fair.
VANCOUVER, British Columbia--(BUSINESS WIRE)--Thunderbird Entertainment Group Inc. (TSXV: TBRD, OTCQX: THBRF) has announced that, because of the ongoing labor dispute with Canada Post, the notice of meeting, information circular, and proxy form for the upcoming Annual and Special General Meeting will be available at Odyssey Trust Company. The Meeting is scheduled to take place online on December 12, 2024, at 9:00 am PST.
Nanjing, China, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Ostin Technology Group Co., Ltd. ("the Company") (Nasdaq: OST), a top supplier of display modules and polarizers in China, shared the outcomes of an Extraordinary General Meeting that took place on November 26, 2024, at 10:00 a.m. Beijing Time (November 25, 2024, at 9:00 p.m. U.S. Eastern time). The meeting was held at the Company's executive office located on the first floor of Building F4, 1 Zidong Road, Qixia District, Nanjing, Jiangsu Province, China.