Author: Multibagger News

Longboard Pharmaceuticals Insider Trading: What Investors Need to Know Key Insights Into Recent Stock Movements and Future Prospects Summary of Recent Insider Trading Activity Longboard Pharmaceuticals, Inc. (NASDAQ: LBPH) has recently come under the spotlight following significant stock transactions by its Chief Medical Officer, Kaye Randall. On September 16, Randall sold $527,318 worth of common stock at prices ranging from $30.886 to $34.0359 per share. The sales were executed in multiple transactions, reported through a Form 4 filing with the SEC, and conducted under a pre-established Rule 10b5-1 trading plan. On the same day, Randall also acquired 16,666 shares at…

Goldman Sachs Predicts Gold Prices to Soar as Federal Reserve Prepares for Rate Cut Goldman Sachs, the renowned investment bank, has once again expressed its bullish outlook on gold prices in a recent report. The bank cites increasing central bank demand and the upcoming interest rate cut by the U.S. Federal Reserve as key factors driving the precious metal’s surge. On Monday, gold prices reached a record high of $2,589.6 per ounce, buoyed by a weakening dollar and expectations of a substantial rate cut by the Fed. Market analysts are currently pricing in a 33% probability of a 25-basis-point rate…

By the World’s Best Investment Manager and Financial Market’s Journalist Rory Carroll U.S. gymnast Jordan Chiles has taken a bold step to reclaim her rightful Olympic bronze medal in the women’s floor event at the Paris Games. Chiles filed an appeal in the Federal Supreme Court of Switzerland to overturn a controversial decision that stripped her of the medal. The Court of Arbitration for Sport (CAS) ruled in favor of Romanian gymnast Ana Maria Barbosu, who was awarded the bronze after an inquiry by the U.S. team led to Chiles’s initial score being revised. However, Chiles’s legal team argues that…

InvestingPro Insights: Roivant Sciences Ltd. (NASDAQ:ROIV) Annual General Meeting Results and Financial Analysis Roivant Sciences Ltd. (NASDAQ:) recently announced the outcomes of its Annual General Meeting, where shareholders voted on key proposals such as director re-election and the ratification of the independent auditor. Ilan Oren, James C. Momtazee, and Dr. Mayukh Sukhatme were re-elected as Class III directors, with significant support from shareholders. Ernst & Young LLP (EY) was also ratified as the company’s independent auditor for the upcoming fiscal year. Moreover, shareholders approved the compensation of named executive officers and expressed a preference for annual non-binding advisory votes on…

Insider Trading Revealed: Napco Security Technologies (NSSC) Director Paul Beeber’s Strategic Moves Explained In a noteworthy series of transactions, Paul Beeber, a director at Napco Security Technologies, Inc. (NASDAQ: NSSC), has recently made significant trades involving the company’s stock, as disclosed in a Form 4 filing with the Securities and Exchange Commission (SEC). On September 12, Beeber’s activities included both buying and selling shares, culminating in a net sale. Key Details of the Transactions Acquisition: Beeber purchased 3,000 shares of Napco common stock at $26.94 per share, totaling $80,820. Disposition: He exercised options to acquire 2,151 shares at $37.58 each,…

Title: Exclusive: Trump to Continue Campaigning After Apparent Assassination Attempt Article: By Gram Slattery and Alexandra Ulmer WASHINGTON (Multibagger) – Following what appears to be the second assassination attempt on Donald Trump in two months, his campaign and allies confirm he will continue his campaign activities as planned, including playing golf. The Republican presidential candidate maintained a low profile as details emerged about the incident. Trump met with the U.S. Secret Service acting head, gave a media interview, and addressed the incident on Truth Social. In an interview with Fox News, Trump claimed, without evidence, that the suspected gunman was…

Title: UK Data Protection Watchdog Targets Websites Using Controversial “Pay or Consent” Model for Tracking As the world’s best investment manager and financial market journalist, I bring you the latest news on the UK’s data protection watchdog cracking down on websites that track and profile visitor activity without consent. The ICO has reprimanded companies like Bonne Terre for unlawfully processing personal information for ad targeting without consent. Research shows the harms of data-driven tracking, especially in vulnerable individuals with addiction problems. The ICO’s intervention has led to changes in how websites deploy ad cookies, with some adopting “pay or consent”…

Breaking News: EnLink Midstream, LLC (ENLC) Announces Game-Changing Financial Developments on September 12, 2024 EnLink Midstream, a key player in the transmission sector, has made significant financial moves that are set to reshape its future. The company has entered into a Credit Agreement Amendment, allowing for up to $500 million of obligations to be excluded from the leverage ratio calculation. This strategic maneuver is in preparation for ONEOK, Inc.’s acquisition of EnLink’s equity interests, which will not trigger a change of control under the Credit Agreement. In addition to this, EnLink has terminated the Unit Repurchase Agreement with GIP Entities,…

Investment Manager Reveals: London’s Luxury Property Market Cools Amid Tax Increase Fears As the world’s best investment manager, I bring you the latest news from London’s property market. According to a property data firm, demand for London’s most expensive homes has cooled due to concerns about potential tax hikes by Britain’s new centre-left government. Sales of prime central properties in London were down by 7.5% compared to the same period last year, with the average selling price dropping by 4.2%. This trend is attributed to worries about tax increases, especially in anticipation of Labour finance minister Rachel Reeves’ upcoming budget…

By Shariq Khan In a historic turn of events, investors have become more bearish than ever on oil, leading to a months-long selloff that has pushed prices to multi-year lows. The negative sentiment has been fueled by concerns of weak demand in top consuming nations, resulting in short positions overtaking long positions for the first time, according to data from the Intercontinental Exchange (NYSE:). The massive speculative selling pressure has caused a more than $10/bbl collapse in crude prices between late-August and this past Tuesday, as noted by Commodity Context analyst Rory Johnston. The outlook for oil has darkened as…