Author: Multibagger News

Cardinal Health Insider Trading: Chief Information Officer Sells $435,000 Worth of Shares Cardinal Health Inc. (NYSE: CAH) recently witnessed a significant transaction from one of its top executives. Michelle D. Greene, the Chief Information Officer of the company, sold 4,000 shares of Cardinal Health stock on August 19, 2024, at an average price of $108.85, resulting in a total sale value exceeding $435,000. This transaction was part of a series of trades that included both acquisitions and disposals of shares by the executive. Prior to the sale, Greene had shares withheld to fulfill tax obligations due to the vesting of…

Investment Manager’s Insider Report: Fatal Floods in Connecticut Shake Financial Markets As a top investment manager and financial market journalist, it’s crucial to stay ahead of breaking news that can impact your portfolio. This weekend, tragic floods in Connecticut claimed the lives of two women, sending shockwaves through the region. Heavy rains wreaked havoc in western Connecticut, leading to devastating flooding along the Little River in Oxford. The destructive force of the floodwaters resulted in two heartbreaking fatalities, as one woman perished in her car and another tragically lost her life while clinging to a sign. The heroic efforts of…

Insider Selling Alert: CRA International, Inc. (NASDAQ:CRAI) Executive Unloads $200,000 Worth of Stock CRA International, Inc. (NASDAQ:CRAI) recently saw one of its top executives, Jonathan D. Yellin, the company’s Executive Vice President and General Counsel, sell 1,250 shares of CRA International stock. The transactions, which occurred on August 15, 2024, totaled nearly $200,000. The sales were made at weighted average prices, with the first batch of 450 shares selling for an average of $157.6506 each, and the subsequent 800 shares sold at an average of $158.6013 per share. These sales were part of a pre-arranged trading plan under Rule 10b5-1,…

Breaking News: Judge Denies Hunter Biden’s Bid to Dismiss Tax Evasion Case in California In a recent development, a judge has denied U.S. President Joe Biden’s son, Hunter, the opportunity to dismiss a federal tax evasion case against him in California. This comes after Hunter Biden was convicted in Delaware for lying about his illegal drug use to purchase a firearm, and is set to face trial in September for the tax evasion charges. Despite pleading not guilty to the tax evasion allegations, Hunter Biden’s argument that the special counsel leading the prosecutions, David Weiss, was illegally appointed, was rejected…

Insider Trading Alert: Roblox Corp (NYSE:RBLX) General Counsel Sells $1.1 Million Worth of Stock Mark Reinstra, the General Counsel and Secretary of Roblox Corp (NYSE:RBLX), has recently made significant stock transactions, as per the latest SEC filings. Insider transactions offer valuable insights into a company’s financial health and executives’ confidence in its prospects. Reinstra sold a total of 29,000 shares of Roblox Corp on August 15 and 19, amounting to over $1.1 million. The sales were executed at varying prices, with the first batch of 12,000 shares sold at $40.00 per share, and subsequent sales at average prices of $40.4674…

Wall Street Holds Steady Ahead of Jackson Hole Symposium and DNC: Key Market Insights for Investors Image Alt Text: Wall Street sign with stock market graphs in the background. As an investment manager with unparalleled expertise and a financial markets journalist of the highest caliber, I’m here to break down the latest market movements and upcoming events that could shape your financial future. Let’s dive into the key points and understand how they might affect your investments. Wall Street Gains Amid Easing Recession Fears U.S. stock index futures remained stable in evening trading on Monday, following a strong session on…

Iran Accused of Cyber Operations Against U.S. Presidential Campaigns and Public – FBI Statement In a recent statement, the FBI, the Office of the Director of National Intelligence, and the Cybersecurity and Infrastructure Security Agency accused Iran of launching cyber operations against both U.S. presidential campaigns and targeting the American public with influence operations aimed at fanning political discord. The statement confirmed earlier charges made by the campaign of Republican presidential nominee Donald Trump that Iran hacked one of its websites, triggering an FBI investigation. Iran also allegedly targeted the campaign of Vice President Kamala Harris. The U.S. statement said…

Breaking News: Warren Buffett’s Berkshire Hathaway Sells $550 Million Worth of Bank of America Shares – What Does This Mean for Investors? In a surprising move, Warren Buffett’s Berkshire Hathaway Inc has sold a substantial portion of its stake in Bank of America Corp, amounting to over $550 million. The sales occurred over three separate dates, with the latest transaction on August 19th, reducing Berkshire Hathaway’s holdings in Bank of America. Despite the reduction, Berkshire Hathaway remains a significant shareholder in the banking giant, owning 928,460,939 shares indirectly through various subsidiaries. Warren Buffett has disclaimed beneficial ownership of the shares…

By Brad Brooks Breaking news: A Galveston, Texas, jury has just ruled that the parents of the teenager responsible for the tragic shooting at Santa Fe High School in 2018 are not liable for the violence. This verdict brings an end to a highly publicized civil trial that accused the parents of negligence in allowing their son access to weapons and failing to alert authorities about his mental health issues. During the trial, family members of the victims argued that Antonios Pagourtzis and Rose Kosmetatos were at fault for the shooting, as their son, Dimitrios, used their guns to carry…

Title: The Impact of AI Boom on Water Consumption in Data Centers: A Growing Concern for Investors As the demand for data centers surges with the AI boom, water consumption is on the rise, posing sustainability challenges. According to a report by the Financial Times, water usage in Virginia, home to the world’s largest cluster of data centers, increased by almost two-thirds from 2019 to 2023, reaching 1.85 billion gallons. Major data center operators like Microsoft and Google are facing scrutiny for their water consumption practices. Microsoft reported that 42% of the water it used in 2023 came from water-stressed…