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Japan Pressed by US Lawmakers to Strengthen Chip Curbs on China

Key US lawmakers urged Japan to strengthen restrictions on sales of chipmaking equipment to China, warning that if Tokyo fails to act, Washington could impose its own curbs on Japanese companies or bar toolmakers that sell to China from receiving US semiconductor subsidies.

PIMCO Canada Announces Special Meeting Details for the Proposed Mergers of Certain Closed-end Funds

TORONTO, Oct. 18, 2024 (GLOBE NEWSWIRE) -- PIMCO Canada Corp. (“PIMCO Canada”) announces further details about the previously announced proposed mergers (the “Mergers”) of PIMCO Tactical Income Fund (TSX: PTI), PIMCO Tactical Income Opportunities Fund (TSX: PTO) and PIMCO Multi-Sector Income Fund (TSX: PIX) (collectively, the “Existing Funds”) into a new closed-end fund to be managed by PIMCO Canada, PIMCO Monthly Enhanced Income Fund (“PMEI”).

Oak Valley Bancorp Reports 3rd Quarter Results

OAKDALE, Calif., Oct. 18, 2024 (GLOBE NEWSWIRE) -- Oak Valley Bancorp (NASDAQ: OVLY) (the “Company”), the bank holding company for Oak Valley Community Bank and their Eastern Sierra Community Bank division, recently reported unaudited consolidated financial results. For the three months ended September 30, 2024, consolidated net income was $7,324,000, or $0.89 per diluted share (EPS), as compared to $5,889,000, or $0.71 EPS, for the prior quarter and $7,354,000, or $0.89 EPS, for the same peri...

Wytec Announces Its Uplisting Preparation to the Nasdaq Capital Markets in Conjunction With Completing Its AI Gunshot Detection Technology

SAN ANTONIO, Texas, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Wytec (OTCQB:WYTC) has announced today, plans to uplist to the Nasdaq Capital Markets to accelerate their Pilot Smart Sensor Project to be demonstrated in detecting active threats such as gunshots within America’s Independent School Districts (ISD’s) and cities. Wytec’s AI based sensor technology is patent protected and has produced a better than 90% gunshot detection accuracy on over 400,000 live samples and simulated environments.

Battle of Streaming Giants with Mark Douglas

Mark Douglas, Founder & CEO of MNTN, speaks with Scarlet Fu and Romaine Bostick about the future of streaming services and how advertising plays a part. (Source: Bloomberg)

Jabil Inc. Plans Quarterly Dividend of $0.08 (NYSE:JBL)

Jabil Inc. (NYSE:JBL) declared a quarterly dividend on Friday, October 18th. Stockholders of record on Friday, November 15th will be given a dividend of 0.08 per share by the technology company on Tuesday, December 3rd. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.25%. The ex-dividend date of this dividend is Friday, November 15th.

Rob Arnott Warns Against Concentrating on US Growth

Research Affiliates founder and Chairman Rob Arnott discusses inflation’s impact on value stocks. He says “value is very near its cheapest levels ever.” Speaking on "Bloomberg The Close," Arnott says concentrating on US growth for core holdings is "as dangerous an exercise as picking up nickels in front of a steamroller." (Source: Bloomberg)

Grupo Aeroportuario del Pacifico Announces Credit Line Refinancing for Ps. 1.5 Billion

GUADALAJARA, Mexico, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announces that the Company has completed the refinancing of the credit facility that matured today with Banco Santander México, S.A. (“Santander”) for Ps. 1.5 billion, extending the maturity by 12 months. The interest will be payable monthly at a variable rate of TIIE-28 plus 38 basis points, without fees, and principal payment on October 17, 2...