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Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Capitala Finance Corp. (CPTA)

Jan 04, 2018 01:00 am UTC| Business

NEW YORK, Jan. 03, 2018 -- Gainey McKenna Egleston announces that a class action lawsuit has been filed against Capitala Finance Corp. (“Capitala Finance” or the “Company”) (Nasdaq:CPTA) in the United States District...

Resolute Energy Corporation Announces Participation in Goldman Sachs Global Energy Conference 2018

Jan 03, 2018 23:53 pm UTC| Business

DENVER, Jan. 03, 2018 -- Resolute Energy Corporation (“Resolute” or the “Company”) (NYSE:REN) announced today that members of its senior management team are scheduled to be available for one-on-one meetings with...

Helius Medical Technologies Announces Planned Five-for-One Reverse Stock Split

Jan 03, 2018 23:49 pm UTC| Business

NEWTOWN, Pa., Jan. 03, 2018 -- Helius Medical Technologies, Inc. (TSX:HSM) (TSX:HSM.WT) (OTCQB:HSDT) (“Helius” or the “Company”), a medical technology company focused on neurological wellness, announced today that its...

Shaw Communications Announces the Death of Jim Shaw

Jan 03, 2018 23:42 pm UTC| Business

CALGARY, Alberta, Jan. 03, 2018 -- Shaw Communications Inc. (TSX:SJR.B) (TSX:SJR.PR.A) (TSX:SJR.PR.B) (NYSE:SJR) (TSXV:SJR.A) announced that, following a brief illness, Jim Shaw, Vice-Chairman and former Chief Executive...

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action against Capitala Finance Corporation and Certain Officers – CPTA

Jan 03, 2018 23:23 pm UTC| Business

NEW YORK, Jan. 03, 2018 -- Pomerantz LLP announces that a class action lawsuit has been filed against Capitala Finance Corporation (“Capitala” or the “Company”) (NASDAQ:CPTA) and certain of its officers. The class...

Concurrent Closes Previously Announced Sale of Content Delivery & Storage Business to Vecima Networks for $29 Million; Changes Name to CCUR Holdings, Inc.

Jan 03, 2018 22:59 pm UTC| Business

ATLANTA, Jan. 03, 2018 -- Concurrent (NASDAQ:CCUR) reported yesterday that it closed the previously-announced sale of its content delivery and storage business to Vecima Networks Inc. (VCM:TO) for $29 million in cash. ...

Wingstop Opens 100th International Location

Jan 03, 2018 22:42 pm UTC| Business

DALLAS, Jan. 03, 2018 -- Wingstop Restaurants Inc. (NASDAQ:WING), the award-winning wing concept with more than 1,000 locations worldwide, today announced that it surpassed its 100th restaurant internationally in...

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Economy

Bitcoin vs. Gold: Can Bitcoin Become a Reliable Store of Value?

Bitcoin as a Store of Value Amidst Surging Gold Prices In light of the current surge in gold prices, many investors are debating whether Bitcoin can be a reliable store of value. The contrasting trends in their prices...

Microsoft Invests $4.8 Billion in AI and Cloud Infrastructure in Italy

Microsofts $4.8 Billion Investment to Strengthen AI and Cloud Infrastructure in Italy Microsoft is set to invest 4.3 billion euros ($4.8 billion) over the next two years to expand its artificial intelligence (AI) and...

Prime Minister Shigeru Ishiba Signals Japan Interest Rate Hike Unlikely in the Near Future

Prime Minister Shigeru Ishiba Rules Out Japan Interest Rate Hike Prime Minister Shigeru Ishiba indicated that Japan is not currently in an environment for an additional interest rate increase. This announcement came...

Argentine Students Protest Government's Public University Funding Cuts

Hundreds of thousands of Argentine students took to the streets on Wednesday, protesting sharp public university funding cuts imposed by President Javier Mileis libertarian government. The keyword public university funding...

Microsoft Makes $750 Million Investment in OpenAI's Latest Funding Round

Microsoft Invests $750 Million in OpenAIs Latest Funding Round Microsoft has recently made a significant investment of around $750 million in OpenAI during its latest funding round. This strategic move further cements...

Politics

Donald Trump Receives Overwhelming Endorsement: ‘200+ Military Leaders Back His Return to the White House'

In a stunning show of support, more than 200 retired military generals and admirals have publicly endorsed former President Donald Trump in an open letter, underscoring their belief in his leadership and commitment to the...

Donald Trump's Pal Elon Musk Slams Kamala Harris Win: 'A Disaster for Civilization'

Elon Musk has voiced serious concerns about Kamala Harris potentially winning the upcoming presidential election, calling it not only bad for America but warning that it could spell disaster for the future of civilization...

Donald Trump Set for Landslide Victory: ‘Commanding Lead in Key States – This Could Be Unstoppable'

Donald Trump appears to be positioned for a sweeping victory in the upcoming presidential election, as new polling data suggests the former president holds a commanding lead in several crucial battleground states....

Donald Trump Refuses 60 Minutes Interview Over Lack of Apology for Hunter Biden Laptop Story

In a bold move, former President Donald Trump announced that he is refusing to sit down for an interview with 60 Minutes until he receives an apology for the networks previous claims regarding Hunter Bidens infamous...

Biden-Harris Admin Warns FEMA May Run Out of Funds Amid Hurricane Season After Billions Sent Overseas

In a shocking development, the Biden-Harris administration announced that FEMA (Federal Emergency Management Agency) may not have enough resources to make it through the rest of hurricane season. This warning comes on the...

Science

SpaceX and T-Mobile Begin Testing Starlink Cellular Satellite Service Ahead of 2025 Launch

SpaceX and T-Mobile have reportedly initiated tests for their highly anticipated Starlink Cellular satellite service. Speculation emerged after users noticed satellite activity on their phones, fueling excitement ahead of...

SpaceX Pauses Falcon 9 Launches After Anomaly During Crew 9 Mission Investigation

SpaceX has suspended all Falcon 9 launches after an anomaly occurred with the rockets second stage during the Crew 9 mission for NASA. The second stage failed to land as planned, prompting an investigation and delaying...

Tesla’s $25K Compact Car Could Drive Bigger Stock Gains Than Robotaxi, Analyst Predicts

As anticipation builds for Teslas Robotaxi, some analysts believe the companys upcoming $25,000 compact car will have a more significant impact on its stock. Gary Black of The Future Fund argues that entering the...

Starlink Reaches 4 Million Customers Globally as SpaceX Expands Operations and Services

SpaceXs Starlink has officially surpassed 4 million customers across more than 100 countries. This milestone was announced by SpaceX COO Gwynne Shotwell, who also outlined plans for expanding Starlinks satellite network...

SpaceX Enhances Crew Dragon Safety with Emergency Thruster Landing Capability for Crews

SpaceX has introduced a significant safety enhancement to its Crew Dragon spacecraft, allowing the use of thrusters for emergency landings if parachutes fail. This new feature will be active in the upcoming Crew 9 mission,...

Technology

Tesla Grows Market Share in Sweden Despite Strikes, Led by Strong Model Y Sales

Despite facing pro-union strikes in Sweden, Tesla increased its market share to 8.5%, selling 16,478 vehicles in 2024. The Model Y, accounting for 80% of sales, remains the top choice among Swedish buyers, solidifying...

Tesla Analyst Speculates Potential Entry into $9 Trillion Drone and eVTOL Market by 2050

Morgan Stanley analyst Adam Jonas believes Tesla could enter the $9 trillion drone and electric Vertical Take-Off and Landing (eVTOL) vehicle market by 2050. Jonas bases his speculation on Elon Musks recent comments about...

Tim Cook Cashes Out $50M in Apple Stock, Fuels Market Buzz

Tim Cook, CEO of Apple, has sold $50 million in Apple stock, according to recent SEC filings. The substantial sales amplified discussions about executive decisions as Apple maintained its market dominance. Tim Cooks $50...

Tesla Robotaxi Commercial Rollout Could Hit by 2025-2026, Says Morgan Stanley

Tesla may commercially launch its Robotaxi by 2025 or 2026, according to a prediction by Morgan Stanley analyst Adam Jonas. The upcoming debut at the We, Robot event in Los Angeles intensifies focus on Teslas progress in...

OpenAI’s $157B Power Play: Investors Blocked from Supporting Elon Musk’s xAI Rival

OpenAI, now valued at $157 billion, is demanding exclusive support from investors, discouraging any contributions to rival firms like Elon Musks xAI, as the competition for AI dominance intensifies. OpenAI Blocks Rival...