News

News of the day for Jan. 3, 2025

MRC Global Inc. (NYSE:MRC) shares are trading higher premarket on Friday. The company has announced a new $125 million share repurchase program, set to run through January 2, 2028. The company plans to repurchase its common shares through various methods, including open market transactions, block purchases, and privately negotiated deals, all in compliance with federal securities laws. MRC Global expects to commence share repurchases in the second quarter of 2025. The management will determine t

Costamare ( (CMRE) ) has provided an update. Costamare Inc. has announced the declaration of quarterly cash dividends on its Series B, Series C, and Series D Preferred Stocks, alongside a dividend on its common stock. The dividends reflect the company’s performance and strategic financial management, taking into consideration factors like earnings, financial condition, cash requirements, and global economic conditions. This move is likely to impact stakeholders positively, reinforcing Costamare’

The benchmark US stock measures were tracking in the green before the open Friday after closing the

The average realized price of 2024 buyers in bitcoin was $65,901.

Creative Media & Community Trust Corporation announced that its Board of Directors has approved a reverse stock split of CMCT common stock at a ratio of one-for-ten. The Reverse Stock Split will become effective at 12:01 a.m. Eastern Standard Time on January 6, 2025, and CMCT common stock will begin trading on the Nasdaq Global Market on a split-adjusted basis at market open that same day. At the Effective Time, every ten shares of CMCT common stock issued and outstanding immediately prior to th

Bitcoin rebounds from December lows as Terraform Labs’ Do Kwon denies major US fraud charges. Meanwhile, the IRS delays new crypto reporting rules until 2026, and U.S. based mining pools overtake Asian counterparts.