Nasdaq Composite

Schwab Trading Activity Index™: Score Continues Month-over-Month Increase in February

Retrieved on: 
Lunedì, Marzo 4, 2024

The Schwab Trading Activity Index™ (STAX) increased to 47.65 in February, up from its score of 44.73 in January.

Key Points: 
  • The Schwab Trading Activity Index™ (STAX) increased to 47.65 in February, up from its score of 44.73 in January.
  • View the full release here: https://www.businesswire.com/news/home/20240304841142/en/
    Schwab Trading Activity Index February 2024 (Graphic: Charles Schwab)
    The reading for the four-week period ending February 23, 2024 ranks “moderate low” compared to historic averages.
  • “The STAX score has been on the rise since November of last year, making this the fourth consecutive month Schwab clients have increased exposure to the markets,” said Joe Mazzola, Director of Trading and Education at Charles Schwab.
  • The CBOE Volatility Index (VIX) rose 3.3% from 13.31 to 13.75, reflecting a modest increase in risk premium.

UTMD Reports Audited Year 2023 and Fourth Quarter Financial Performance

Retrieved on: 
Martedì, Gennaio 30, 2024

NI in 4Q 2023 of $4,287 (34.8% of sales) was 5.9% lower than NI of $4,555 (33.6% of sales) in 4Q 2022.

Key Points: 
  • NI in 4Q 2023 of $4,287 (34.8% of sales) was 5.9% lower than NI of $4,555 (33.6% of sales) in 4Q 2022.
  • Despite 15.2% lower Operating Income for the 2023 year, diluted 2023 EPS of $4.574 compared to $4.522 in 2022 were higher by 1.2%.
  • UTMD paid $1,071 ($0.295/share) in dividends to stockholders in 4Q 2023 compared to $1,051 ($0.290/share) paid in 4Q 2022.
  • UTMD paid $4,282 ($1.18/share) in dividends to stockholders in 2023 compared to $3,162 ($0.87/ share) in dividends in 2022.

BARINGTON CAPITAL CALLS FOR STEPS TO ACCELERATE SHAREHOLDER VALUE CREATION AT MATTEL

Retrieved on: 
Venerdì, Febbraio 2, 2024

NEW YORK, Feb. 1, 2024 /PRNewswire/ -- Barington Capital Group L.P. and its affiliates ("Barington"), a fundamental, value-oriented activist investor which is a shareholder of Mattel, Inc. ("Mattel" or the "Company"), sent a letter to Ynon Kreiz, Executive Chairman & CEO of Mattel, calling for immediate actions to create long-term value for shareholders.

Key Points: 
  • NEW YORK, Feb. 1, 2024 /PRNewswire/ -- Barington Capital Group L.P. and its affiliates ("Barington"), a fundamental, value-oriented activist investor which is a shareholder of Mattel, Inc. ("Mattel" or the "Company"), sent a letter to Ynon Kreiz, Executive Chairman & CEO of Mattel, calling for immediate actions to create long-term value for shareholders.
  • However, the long decline at both Fisher-Price and American suggests that Mattel may not be the right owner of these brands.
  • We believe that these brands are now detracting from the success at Mattel's other segments and hurting shareholder value."
  • We advocate that Mattel immediately authorize $2.0 billion of share repurchases and commence an accelerated share repurchase program equal to the value of free cash flow delivered in 2023."

Amneal Announces Move to Nasdaq

Retrieved on: 
Venerdì, Dicembre 15, 2023

Amneal Pharmaceuticals, Inc. (“Amneal”) (NYSE: AMRX) today announced that it will transfer its stock exchange listing to the Nasdaq Stock Market (“Nasdaq”) from the New York Stock Exchange (“NYSE”).

Key Points: 
  • Amneal Pharmaceuticals, Inc. (“Amneal”) (NYSE: AMRX) today announced that it will transfer its stock exchange listing to the Nasdaq Stock Market (“Nasdaq”) from the New York Stock Exchange (“NYSE”).
  • The Company expects the Nasdaq listing to occur on December 27, 2023 and will continue to trade under the current symbol “AMRX”.
  • Upon transferring, Amneal will become part of the Nasdaq Composite Index and Nasdaq Biotechnology Index.
  • “We are pleased to join the community of global pharmaceutical companies listed on Nasdaq.

Invesco QQQ Innovation Suite Celebrates Three-Year Anniversary of Providing Investors New Ways to Access Nasdaq-listed Companies

Retrieved on: 
Giovedì, Ottobre 26, 2023

ATLANTA, Oct. 26, 2023 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ), a leading global asset management firm, announced that the popular Invesco QQQ Innovation Suite has reached its three-year milestone. The line-up of products is intended to provide every type of investor a simple way to invest in ingenuity and innovation.

Key Points: 
  • ATLANTA, Oct. 26, 2023 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ), a leading global asset management firm, announced that the popular Invesco QQQ Innovation Suite has reached its three-year milestone.
  • Since its launch as part of the Invesco QQQ Innovation Suite on October 13, 2020, Invesco NASDAQ 100 ETF (QQQM) has grown to more than $14 billion in assets under management (AUM)1.
  • QQQJ tracks the Nasdaq Next Generation 100™ Index and offers uninterrupted access to the "next 100" non-financial companies listed on Nasdaq.
  • Also marking three years since inception as of October 13, 2023, is the Invesco NASDAQ 100 Index Fund (IVNQX), the first mutual fund addition to the Invesco QQQ Innovation Suite.

Concerned Stockholder Group Issues Letter to Mitek Systems’ Board of Directors Regarding the Urgent Need to Explore Strategic Alternatives

Retrieved on: 
Martedì, Ottobre 10, 2023

Over this period, the consistent theme for Mitek was growing the ID Business with capital generated by the Deposit Business.

Key Points: 
  • Over this period, the consistent theme for Mitek was growing the ID Business with capital generated by the Deposit Business.
  • Headcount ballooned, equity compensation was awarded lavishly and over $150 million of stockholder capital was spent on unprofitable acquisitions at extended price to sales multiples.
  • These are clear indications that Mitek lacks capital allocation discipline, and we caution the Board against approving any further acquisitions.
  • We expect the Board to move expeditiously and diligently in addressing our concerns as significant stockholders.

Bitcoin Price Climbs 3% on US Shutdown and Yields Gloom, But Bitcoin Minetrix Raises $200,000 and Is the Real Winner

Retrieved on: 
Venerdì, Settembre 29, 2023

Markets worry that US inflation will be stickier than hoped and that a soft landing could be for the birds.

Key Points: 
  • Markets worry that US inflation will be stickier than hoped and that a soft landing could be for the birds.
  • However, that correlation is magnified for so-called Bitcoin derivative and clone coins, of which Bitcoin Minetrix is the latest of the crop.
  • Bitcoin Minetrix is different from all those aforementioned coins though, because of its tangible connection with the Bitcoin network.
  • With Bitcoin Minetrix there is no need to worry about fraud because everything is handled on-chain, and no cash changes hands.

Bitcoin Price Climbs 3% on US Shutdown and Yields Gloom, But Bitcoin Minetrix Raises $200,000 and Is the Real Winner

Retrieved on: 
Venerdì, Settembre 29, 2023

Markets worry that US inflation will be stickier than hoped and that a soft landing could be for the birds.

Key Points: 
  • Markets worry that US inflation will be stickier than hoped and that a soft landing could be for the birds.
  • However, that correlation is magnified for so-called Bitcoin derivative and clone coins, of which Bitcoin Minetrix is the latest of the crop.
  • Bitcoin Minetrix is different from all those aforementioned coins though, because of its tangible connection with the Bitcoin network.
  • With Bitcoin Minetrix there is no need to worry about fraud because everything is handled on-chain, and no cash changes hands.

Alexandria Real Estate Equities, Inc.'s Unique, Highly Sought-After Labspace Assets in High-Barrier-to-Entry Markets Continue to Generate Strong Financial Returns

Retrieved on: 
Martedì, Giugno 20, 2023

PASADENA, Calif., June 20, 2023 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of collaborative life science, agtech and advanced technology campuses in AAA innovation cluster locations, has been at the vanguard and heart of the life science ecosystem since inventing and creating the novel Labspace® niche in 1994. Alexandria is a one-of-a-kind company — it is the only pure-play publicly traded laboratory REIT. Founded on the belief that life science companies are most successful when positioned in the epicenter of the world's top innovation ecosystems in close proximity to world-renowned academic medical institutions, deep specialized talent and ample risk capital, Alexandria has applied its cluster model to the life science industry in a disciplined manner to execute on its original bold vision to create a new kind of real estate company uniquely focused on this essential industry and the highly complex infrastructure needed to support its mission-critical work to advance human health. Over the past three decades, Alexandria has strategically and methodically created the highest-quality life science assets concentrated in high-barrier-to-entry markets and built the leading infrastructure platform for the life science industry. The company's execution of its multifaceted platform of internal and external growth continues to drive outstanding long-term total stockholder return (TSR). From its IPO in May 1997 through March 31, 2023, Alexandria has generated an outstanding TSR of 1,444% (assuming reinvestment of dividends), significantly outperforming major indices over the same period, including the Nasdaq Composite's TSR of 998%, the MSCI U.S. REIT's TSR of 706% and the S&P 500's TSR of 683%.

Key Points: 
  • Over the past three decades, Alexandria has strategically and methodically created the highest-quality life science assets concentrated in high-barrier-to-entry markets and built the leading infrastructure platform for the life science industry.
  • The company's execution of its multifaceted platform of internal and external growth continues to drive outstanding long-term total stockholder return (TSR).
  • Alexandria's strong and timely execution of its strategic value harvesting and asset recycling program to raise accretive capital has demonstrated continuing solid demand for scarce, high-quality life science assets.
  • Affiliates of Alexandria recently completed the sale of five non-core, non-mega campus properties aggregating 428,663 RSF in the Greater Boston market to affiliates of TPG Real Estate Partners.

Invesco takes the regulatory steps to expand its ETF business in Japan

Retrieved on: 
Martedì, Giugno 20, 2023

Invesco Capital Management LLC (ICM), in partnership with Invesco Asset Management Japan Limited., (Invesco Japan) has expanded the reach of Invesco's ETF & Indexed Strategies business in Japan.

Key Points: 
  • Invesco Capital Management LLC (ICM), in partnership with Invesco Asset Management Japan Limited., (Invesco Japan) has expanded the reach of Invesco's ETF & Indexed Strategies business in Japan.
  • "We are thrilled to have the opportunity to expand Invesco's global ETF business into Japan," said Anna Paglia, Managing Director, Global Head of ETFs and Indexed Strategies, Invesco.
  • "Taking these regulatory steps affirms our commitment to providing Japanese investors easier access to Invesco ETFs."
  • Tom Digby, Invesco's Head of ETF Business Development and Capital Markets, Asia Pacific, will work with Invesco Japan to further expanding Invesco's ETF & Indexed Strategies business.