[ad_1] Tsakos Power (NYSE:) Navigation (TEN), a number one supplier of worldwide seaborne and petroleum product transportation providers, reported a robust monetary efficiency in its fourth quarter and yr ended December 31, 2023. The corporate introduced a internet earnings of $300 million and income of $900 million, with a median each day Time Constitution Equal (TCE) fee of $37,000. CEO Nikolas Tsakos highlighted the corporate’s fleet renewal efforts, together with the acquisition of eco-friendly vessels and the sale of 9 older vessels, which added $160 million internet to their money reserves. Tsakos additionally indicated plans to extend the variety of…
Author: Investing.com
[ad_1] © Reuters. In a latest collection of transactions, David Cordani, the Chairman and CEO of Cigna Group (NYSE:), offered a considerable quantity of firm inventory, totaling over $14 million. In keeping with the newest filings, Cordani executed these gross sales over three separate days, with the costs of the shares ranging between $355.016 and $355.1654. On March 21, 2024, Cordani offered 2,293 shares of Cigna Group at a median value of $355.016, adopted by one other batch of 6,338 shares at a median value of $355.1092 on March 22. The ultimate sale occurred on March 25, the place he…
[ad_1] © Reuters. AvePoint, Inc. (NASDAQ:AVPT) Chief Monetary Officer James Caci has just lately bought a big quantity of firm inventory, based on the newest filings with the Securities and Alternate Fee. The transactions, which befell on March 20 and 21, concerned a complete sale of 10,000 shares, fetching a mixed worth of over $80,000. The gross sales occurred at costs starting from $8.00 to $8.0008 per share. Particularly, on March 20, Caci bought 3,061 shares at $8.00 every, and on the next day, he bought 6,939 shares with a slight improve within the value at $8.0008 per share. These…
[ad_1] © Reuters. Vodafone suggestion lifted to purchase at Gimme Credit score On Friday, Vodafone’s (NASDAQ:PF) (VOD) suggestion was modified to purchase at company bond analysis agency Gimme Credit score. This comes as Vodafone’s 2037 difficulty is buying and selling at an expansion of +133. The agency defined that the telecom big has not too long ago made vital modifications to its operations, together with the sale of its Italian enterprise to Swisscom for €8 billion, a transaction anticipated to be finalized within the first quarter of 2025. This deal values the Italian operations at a 5.5x EBITDA a number…
[ad_1] © Reuters Ethereum Climbs 10% As Buyers Achieve Confidence Investing.com – Ethereum was buying and selling at $3,530.72 by 19:27 (23:27 GMT) on the Investing.com Index on Wednesday, up 10.04% on the day. It was the most important one-day proportion achieve since March 20. The transfer upwards pushed Ethereum’s market cap as much as $424.04B, or 16.59% of the full cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B. Ethereum had traded in a variety of $3,063.60 to $3,530.83 within the earlier twenty-four hours. Over the previous seven days, Ethereum has seen a drop in worth, because…
[ad_1] © Reuters. MiMedx Group, Inc. (NASDAQ:MDXG) reported a major transaction by a high-level government in a current submitting. William Frank Hulse IV, the corporate’s Normal Counsel and Chief Administrative Officer, bought 20,381 shares of widespread inventory on March 13, 2024. The shares had been bought at a worth of $7.95, totaling over $162,000. The transaction was disclosed in a Type 4 submitting with the Securities and Trade Fee, which is used to report modifications in firm insiders’ possession stakes. Hulse’s sale of MiMedx shares was not a part of an fairness swap and was a direct transaction. Following the…
[ad_1] © Reuters. Japan shares decrease at shut of commerce; Nikkei 225 down 0.33% Investing.com – Japan shares had been decrease after the shut on Friday, as losses within the , and sectors led shares decrease. On the shut in Tokyo, the declined 0.33%. One of the best performers of the session on the had been Tokyo Electrical Energy Co., Inc. (TYO:), which rose 13.03% or 111.40 factors to commerce at 966.20 on the shut. In the meantime, Inpex Corp. (TYO:) added 4.45% or 94.00 factors to finish at 2,206.00 and Tokyu Fudosan (TYO:) was up 3.92% or 40.50 factors…
[ad_1] © Reuters. On Tuesday, Wolfe Analysis reaffirmed its optimistic stance on Chipotle Mexican Grill (NYSE:), sustaining an Outperform ranking with a inventory worth goal of $2,850. The agency highlighted the reintroduction of Chipotle’s Rooster Al Pastor as a limited-time providing (LTO), which aligns with their findings from social media evaluation performed the earlier week. The timing of this launch is anticipated to profit the primary quarter outcomes equally to the earlier yr, with an approximate two-and-a-half-week influence. The analyst famous the patron anticipation and familiarity with the Rooster Al Pastor might doubtlessly steadiness the difficult year-over-year comparisons. The reintroduction…
[ad_1] © Reuters. Selection Accommodations (CHH) ends bid for Wyndham amid ‘persevering with disinterest’ from its board (Up to date – March 11, 2024 8:21 AM EDT) Selection Accommodations Worldwide (NYSE:) introduced Monday it’s canceling its bid to accumulate all of the excellent shares of Wyndham Accommodations & Resorts (NYSE:). Together with ending the supply, Selection is pulling again its nomination of impartial director candidates for election at Wyndham’s 2024 annual assembly. Furthermore, Selection’s Board of Administrators has additionally determined to broaden its share repurchase program by an extra 5 million shares, growing the whole to about 6.8 million shares…
[ad_1] © Reuters. In a current earnings name, Ramaco Sources (NASDAQ:) reported a powerful end to the 12 months with document quarterly earnings and impressive plans for growth. The corporate introduced intentions to double its met coal manufacturing from the present 3.5 million tons and delve into the uncommon earth enterprise. Regardless of a difficult pricing setting, Ramaco achieved a document EBITDA of $182 million and substantial free money stream. Trying forward, the corporate plans to retire all debt in 2024 and has made vital strides in growing its market cap, which now stands round $1 billion.Key TakeawaysRamaco Sources reported…