Los Angeles-based investment firm Transom Capital Group agreed to acquire SigmaTron International Inc. for $18.5 million. An affiliate of Transom will acquire all outstanding shares of the company’s common stock for $3.02 per share in cash, representing a total enterprise value of approximately $83 million. The purchase price represents a premium of 134% over the
Los Angeles-based Kingswood Capital Management, LP and Performance Investment Partners, LLC (PIP), also based in Los Angeles, have announced they have completed the acquisition of The Vitamin Shoppe, a leading pure-play omnichannel retailer of vitamins and nutritional supplements, from Franchise Group, Inc. As part of the transaction, Sharon Leite, who previously served as chief executive
JPMorgan’s stock traders see record revenue in Q1 JPMorgan Chase’s stock traders took in a record haul in the first quarter as the biggest US bank boosted equities markets revenue 48% to $3.81 billion. Sonali Basak reports on Bloomberg Television. Bloomberg JPMorgan Chase JPM.NCEO Jamie Dimon said the bank’s succession plans were unchanged, without giving a timeline for when his successor might
DOJ criminal probe investigates UnitedHealth Group for Medicare fraud The Wall Street Journal reported the Department of Justice is investigating UnitedHealth Group for possible Medicare fraud. UnitedHealth Group UNH.N investors, stunned by missteps at the once predictable healthcare giant, are warily expecting strategic changes in its Medicare Advantage health insurance business over the next year. On Wednesday,
(MENAFN– GlobeNewsWire – Nasdaq) Company intends to lead the craft spirits e-commerce space in accepting Bitcoin and Dogecoin as a form of payment and to hold them as strategic assets GIG HARBOR, Wash., May 15, 2025 (GLOBE NEWSWIRE) — Heritage Distilling Holding Company, Inc. (NASDAQ: CASK) (“HDC” or“Heritage” or the“Company”), a leading craft distiller of
Warren Buffett’s famous quote, “be fearful when others are greedy and greedy when others are fearful,” inspired 26-year-old Natalie Fisher to start investing in the stock market in 2020. Fisher’s story isn’t unique. The Oracle of Omaha has been a role model for countless investors throughout his career, with fans regarding him as a father
The former chairman of Vinco Ventures, which tried and failed to popularize a TikTok rival, pleaded guilty to conspiring to commit securities fraud. Roderick Vanderbilt was Vinco’s chairman during a tumultuous period at the company, which was detailed in an investigation by Business Insider. Its stock swung wildly on a string of splashy announcements — including
Prosper Junior Bakiny | The Motley Fool Apple to source more iPhones from India to beat Trump’s tariffs: Report Apple is reportedly looking to source more iPhones from India as a way to bypass President Donald Trump’s new tariffs. Straight Arrow News President Trump‘s economic policies are causing significant volatility in the stock market. On
Trevor Jennewine | The Motley Fool Musk to shift focus from DOGE to Tesla after profits plunge Elon Musk told investors he will refocus on Tesla and begin scaling back his involvement with the Department of Government Efficiency (DOGE) in May. unbranded – Newsworthy Tesla (NASDAQ: TSLA) stock has declined 41% year to date, making
(MENAFN– PR Newswire) NBA Legends Carmelo Anthony, Dwyane Wade, and Chris Paul’s Social Change Fund United Partners with Stackwell to Support Los Angeles Small Businesses “The Visionary Ventures Program represents our commitment to creating change in underserved communities,” said Anthony, Paul, and Wade in a joint statement. “By partnering with Stackwell, we’re offering holistic financial