U.S. stocks closed lower on Tuesday as rising oil prices due to tensions in the Middle East fueled inflation worries and created additional market uncertainty.
U.S. stocks closed lower on Tuesday as rising oil prices due to tensions in the Middle East fueled inflation worries and created additional market uncertainty.
Mark Rome/iStock via Getty Images Beretta Holding proposed on Wednesday to acquire an additional 20% stake in Sturm, Ruger & Company ( RGR ) above the 9.95% already disclosed. The tender offer was made at $44.80 per share. Notably, Beretta asked for an exemption to the poison pill that is in place. In a letter sent last week to shareholders, Beretta argued that Ruger ( RGR ) has destroyed sharehol...
Mark Rome/iStock via Getty Images Beretta Holding proposed on Wednesday to acquire an additional 20% stake in Sturm, Ruger & Company ( RGR ) above the 9.95% already disclosed. The tender offer was made at $44.80 per share. Notably, Beretta asked for an exemption to the poison pill that is in place. In a letter sent last week to shareholders, Beretta argued that Ruger ( RGR ) has destroyed shareholder value through weak execution and poor board oversight and called for urgent, shareholder-driven change. The letter claims Ruger has significantly underperformed Smith & Wesson ( SWBI ) and relevant indexes, despite favorable industry conditions. Beretta highlighted steep profit deterioration since 2021, with gross margin falling from 38% to 15%, operating margin from 28% to negative 2%, and net income dropping from about $156M to a loss of $4.4M. It also highlighted missed strategic opportunities (military/law enforcement channels, accessories, ammunition and outdoor products, international growth, and shotguns) and an underinvested, long-tenured board that collectively has over 65 years of service but owns only about 1% of Ruger stock. Looking ahead, Beretta aims to elect four independent director nominees at Ruger's 2026 annual meeting. Beretta Holding is a Luxembourg-based, family-owned holding company that controls the Beretta industrial group, a major global player in firearms, ammunition, optics, accessories, and related outdoor products. The company's roots can be traced back to 1526. Shares of Sturm, Ruger ( RGR ) rose 5.3% in premarket trading to $42.87 on Wednesday and traded at their highest level of the year earlier in the session. More on Sturm, Ruger Sturm, Ruger & Company: New Platforms And Entry Into The Accessory Business Sturm, Ruger & Company, Inc. (RGR) Q4 2025 Earnings Call Transcript Sturm, Ruger & Company: 'In And Out' Is One Way To Play This One In 2026 Firearms face-off: Sturm, Ruger and Beretta scrap over board seats Ruger outlines 2026 plan to...
Government review also recommends political funding from Britons living abroad be capped at about £300,000 a year UK politics live – latest updates Political funding from British citizens living abroad should be capped at between £100,000 to £300,000 a year and donations in cryptocurrency temporarily banned, a government review has recommended. The findings by Philip Rycroft, a former permanent se...
Government review also recommends political funding from Britons living abroad be capped at about £300,000 a year UK politics live – latest updates Political funding from British citizens living abroad should be capped at between £100,000 to £300,000 a year and donations in cryptocurrency temporarily banned, a government review has recommended. The findings by Philip Rycroft, a former permanent secretary at the Home Office, will be a blow to Reform UK, which has received about £12m in the last year from the Thai-based investor Christopher Harborne and other donations from a number of donors based in Monaco. Continue reading...
(RTTNews) - The UK stock market gained in strength on Wednesday, as a sharp drop in oil prices, and hopes of a U.S.-Iran peace deal helped lift sentiment. Stocks from mining and financial sectors posted strong gains.
(RTTNews) - The UK stock market gained in strength on Wednesday, as a sharp drop in oil prices, and hopes of a U.S.-Iran peace deal helped lift sentiment. Stocks from mining and financial sectors posted strong gains.
Anavex Life Sciences ( AVXL ) lost ~18% in the premarket on Wednesday after the company announced that it withdrew the marketing authorization application for its Alzheimer’s candidate, blarcamesine, in response to regulatory feedback. The decision came after the EU drug regulator, the European Medicines Agency (EMA), in December recommended refusing the MAA targeted at using blarcamesine as an ad...
Anavex Life Sciences ( AVXL ) lost ~18% in the premarket on Wednesday after the company announced that it withdrew the marketing authorization application for its Alzheimer’s candidate, blarcamesine, in response to regulatory feedback. The decision came after the EU drug regulator, the European Medicines Agency (EMA), in December recommended refusing the MAA targeted at using blarcamesine as an add-on therapy for early Alzheimer’s disease in adults. The recommendation for refusal followed a negative trend vote issued by the EMA’s Committee for Medicinal Products for Human Use (CHMP) in November to reject the once-daily molecule. Noting that the decision to submit the MAA was due to encouraging remarks from the EMA unit responsible for micro, small, and medium-sized enterprises (SMEs) in 2023, Anavex ( AVXL ) said that it “now has to take note of the differing assessment of the CHMP.” The company added that it will focus on obtaining further data and conducting additional analyses to support its case for blarcamesine in response to feedback received from the CHMP. More on Anavex Life Sciences Anavex: Negative EU Opinion Leaves Blarcamesine In Regulatory Purgatory Anavex Life Sciences Corp. (AVXL) Q1 2026 Earnings Call Transcript Anavex And Alzheimer's Disease: The Future Never Seems To Be Now Anavex outlines regulatory milestones for blarcamesine in 2026 while advancing ACCESS-AD participation Anavex Life Sciences GAAP EPS of -$0.06 beats by $0.05
Three tech ETFs. Three very different portfolios. FTEC, IGV, and XNTK each carry the “technology” label, but what they actually hold — and how they’ve performed — tells three distinct stories about how to own the sector. FTEC: The Broadest Tech Bet at the Lowest Cost Fidelity MSCI Information Technology ETF (NYSEARCA:FTEC) tracks the MSCI ... 3 Tech ETFs for 2026: FTEC, IGV, and XNTK Tell Very Dif...
Three tech ETFs. Three very different portfolios. FTEC, IGV, and XNTK each carry the “technology” label, but what they actually hold — and how they’ve performed — tells three distinct stories about how to own the sector. FTEC: The Broadest Tech Bet at the Lowest Cost Fidelity MSCI Information Technology ETF (NYSEARCA:FTEC) tracks the MSCI ... 3 Tech ETFs for 2026: FTEC, IGV, and XNTK Tell Very Different Stories
Andrzej Rostek/iStock via Getty Images Overview Over the years of studying the markets, it is very common to see retail investors encouraged to make it simple by buying an index fund. By simply dollar-cost-averaging into something like the State Street S&P 500 ETF ( SPY ), which has been proven to grow wealth over time while providing instant diversity across the highest quality businesses in the ...
Andrzej Rostek/iStock via Getty Images Overview Over the years of studying the markets, it is very common to see retail investors encouraged to make it simple by buying an index fund. By simply dollar-cost-averaging into something like the State Street S&P 500 ETF ( SPY ), which has been proven to grow wealth over time while providing instant diversity across the highest quality businesses in the world. The idea is to regularly invest every single month for decades until we reach the retirement age. But what if we wanted to speed up the process? Well, this is where the Direxion Daily S&P 500 Bull 3X ETF ( SPXL ) comes in. SPXL provides investors with 3x the daily return of the S&P 500 Index, and I wanted to discuss why a simple buy-and-hold approach can be efficient on this amplified ETF. When comparing the performance of SPXL against SPY over the last twelve months, we can see that SPXL has significantly outperformed. SPXL's total return is 32.6% over the last twelve months, which is higher than SPY's 17.5% total return but doesn't exactly equal out to a 3x return. This is due to the complexities of SPXL's structure, which I will try to explain later on in this article. However, I just wanted to demonstrate that buying and holding SPXL over the last twelve months would have led to success, even with the uncertainty and volatility in the markets. Data by YCharts I previously published an educational article on SPXL, but I wanted to revisit the ETF to provide a use case. As a younger investor, I believe that SPXL can be a powerful tool that can accelerate the growth of your wealth over time. I am very optimistic about the outlook of the tech market, so a leveraged approach may make sense for investors that share the same sentiment. However, there are definitely risks that should be considered before initiating a position. If you have a low-risk tolerance, SPXL may not be the best choice for you. The 3x effect also applies to the downside movements in the market, so a...
S&P 500 Index futures rise 0.9% as of 7:55 a.m. in New York as the Trump administration pushes for talks with Iran. Nasdaq 100 futures gain 1.1% Dow Jones Industrial Average futures climb 1.1% The MSCI World Index rises 0.4% Here are some of the biggest US movers before the bell: Magnificent Seven stocks: Alphabet (GOOGL) +1.3%, Amazon (AMZN) +1.3%, Apple (AAPL) +0.8%, Nvidia (NVDA) +1.5%, Meta Pl...
S&P 500 Index futures rise 0.9% as of 7:55 a.m. in New York as the Trump administration pushes for talks with Iran. Nasdaq 100 futures gain 1.1% Dow Jones Industrial Average futures climb 1.1% The MSCI World Index rises 0.4% Here are some of the biggest US movers before the bell: Magnificent Seven stocks: Alphabet (GOOGL) +1.3%, Amazon (AMZN) +1.3%, Apple (AAPL) +0.8%, Nvidia (NVDA) +1.5%, Meta Platforms (META) +0.9%, Microsoft (MSFT) +1%, Tesla (TSLA) +1.8%t. Arm Holdings (ARM) rises 12% after the semiconductor designer said it will start selling its own chips for the first time. The new business is expected to generate about $15 billion annually within five years. Blaize Holdings (BZAI) soars 42% after the semiconductor device company reported its fourth-quarter results and gave an outlook that analysts are positive on. Braze (BRZE) gains 21% after the software company forecast revenue for the first quarter that was higher than the average analyst estimate. The company also reported better-than-expected revenue for the fourth quarter. Chewy (CHWY) gains 6% after online retailer of pet food posted fourth-quarter results. General Motors Co. (GM) climbs 2% after Wolfe raised its rating to outperform, saying investors may be underestimating several tailwinds, including a lower net tariff burden. EchoStar (SATS) rises 5%, Rocket Lab (RKLB) gains 3% and AST SpaceMobile (ASTS) climbs 3% as the Information reports that SpaceX aims to file a prospectus for an initial public offering as soon as this week. KB Home (KBH) falls 4% after the single-family home builder forecast deliveries for the second quarter that missed the average analyst estimate. Sturm Ruger & Co. (RGR) rises 5% after the gunmaker said Beretta Holding said it’s prepared to commence a tender offer for up to 20% of the outstanding shares not already owned at a purchase price of $44.80 per share. Terns Pharmaceuticals (TERN) gains 5% after Merck & Co. agreed to buy the drugmaker in a $6.7 billion deal.