Motorcar Parts of America Added to Russell Index
The reconstitution of the Russell U.S. indexes captures the 4,000 largest U.S. stocks as of April 30, ranking them by total market capitalization. It was final after the close of the U.S. equity markets on Friday, June 27. Membership in the Russell 3000 ® Index means automatic inclusion in the large-cap Russell 1000 ® Index or small-cap Russell 2000 ® Index, as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.
'Inclusion in the Russell 3000 ® Index highlights the company's ongoing commitment to enhancing shareholder value. We look forward to continued success as we further capitalize on our leadership position within the non-discretionary automotive aftermarket business,' said Selwyn Joffe, chairman, president and chief executive officer.
About FTSE Russell
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally.
Approximately $18.1 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering. FTSE Russell is wholly owned by London Stock Exchange Group. For more information, visit FTSE Russell.
About Motorcar Parts of America
Motorcar Parts of America, Inc. is a remanufacturer, manufacturer, and distributor of automotive aftermarket parts -- including alternators, starters, wheel bearings and hub assemblies, brake calipers, brake pads, brake rotors, brake master cylinders, brake power boosters, and diagnostic testing equipment utilized in imported and domestic passenger vehicles, light trucks, and heavy-duty applications. Its products are sold to automotive retail outlets and the professional repair market throughout the United States, Canada, and Mexico, with facilities located in California, New York, Mexico, Malaysia, China and India, and administrative offices located in California, Tennessee, Mexico, Singapore, Malaysia, and Canada. In addition, the company's electrical vehicle subsidiary designs and manufactures testing solutions for performance, endurance, and production of multiple components in the electric power train – providing simulation, emulation, and production applications for the electrification of both automotive and aerospace industries, including electric vehicle charging systems. Additional information is available at www.motorcarparts.com.
The Private Securities Litigation Reform Act of 1995 provides a 'safe harbor' for certain forward-looking statements. The statements contained in this press release that are not historical facts are forward-looking statements based on the company's current expectations and beliefs concerning future developments and their potential effects on the company. These forward-looking statements involve significant risks and uncertainties (some of which are beyond the control of the company) and are subject to change based upon various factors. Reference is also made to the Risk Factors set forth in the company's Form 10-K Annual Report filed with the Securities and Exchange Commission (SEC) in June 2025 and in its Forms 10-Q filed with the SEC for additional risks and uncertainties facing the company. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as the result of new information, future events or otherwise.
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a minute ago
- Yahoo
Dip buys, stagflation talks, gold tariff scare: Market takeaways
Markets (^GSPC, ^IXIC, ^DJI) snapped back after last week's payroll-driven dip, with major indexes climbing and the Nasdaq hitting a fresh record. Yahoo Finance Markets and Data Editor Jared Blikre goes over the top trading day takeaways: last week's dip being bought, the continued conversation around stagflation, and a brief gold scare that rattled traders. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend. US stocks closed out the week on a high note with the NASDAQ setting another record close. Let's get to it with Yahoo Finances Jared Blickery for the top trading day takeaways. Jared, what do you got first? That dip was bought. And what dip am I talking about? I'm talking about the one from last Friday. It was one week ago that I was standing here next to the other Josh and we're talking about, it was kind of a scary day. Yes. So let me just show you the S&P 500. I think we're going to start out with a five day. Let's move this to a 10 day so we can see that. So that's when we got that whole payroll scare. And it wasn't that the number itself was that bad, although it was below expectations. It was the revisions. And we've been talking about that a lot this week. So it looked like things were kind of bad, but look, that was bought. It was only a three and a half percent dip or something like that from those record highs. And we are right back up. The S&P 500 by the way, today missed a record high by just less than one point. It was really close. And then here is the five-day price action in the in the market in the sectors. So consumer discretionary is first, then tech, and then interestingly, we were just talking about this consumer staples. And you don't usually see the those two consumer sectors right at the top because staples is more defensive. Nevertheless, that's what we got this week. So we're going to count one for the bulls and the green. I just wanted to highlight too, something else kind of random that not so random, but I think this talks as to the cyclicality and the bullishness right now. Semiconductors did very well. And you take a, I don't think we have time for this, but you take a look at some of the semiconductor indices, they are right around their all-time highs and they're just kind of trying to break out, but they haven't. Contrast that with the software, and we see a lot of red here, but software isn't the leading indicator that uh semiconductors are. So that's where I'm going to kind of be focusing. So, so Sammies would lead, and then software sort of follows, is that? Yeah, because of the recurring revenue software has turned into a more of a staples play almost of the tech industry. If that makes any sense. And and you brought up, Jared, that dip bought. Of course that was off economic fears. When you think forward to the rest of the, we didn't get a lot of data this week. No. Next Tuesday we get CPI, and so this ties into that stagflation. I hear this word bandied about all the time, um in financial news, and we talked with a guest about lowercase S stagflation, not the 70s type. Uh this was Chris Wolfe on Stocks and Translation of Pennington Partners. Let's take a listen. By the way, smallest stagflation gets this more stubborn inflation because it rotates and a little bit weaker growth. And so that's not 70s style, but it's likely to be a conundrum for the Fed, because how far do you want to cut? We're not getting that much growth, and there's so much stimulus coming down the road in the next 18 months that, you know, the opportunity really is to see how that evolves, but I expect the rest of this year to be just like this with slowing growth and persistent inflation. Yeah, that was really interesting because he talked about inflation rotating. 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I will show you a ten, uh let's do a five-day view so we can see here, we got up to those record highs yesterday, then we fell off today. Apparently, there was uh a letter from the Customs and Border Patrol that indicated that gold, especially out of Switzerland, and this is uh worldwide, was going to be taxed if it had a stamp on it. And so the Swiss gold that comes to the United States that is used by the COMEX exchange in certain denominations, that was going to be taxed, or tariffed. But as it turns out, it looks like there's news that President Trump is going to somehow provide an exception for that. So we got the roll back there. Nevertheless, gold still hovering around $3,500 per ounce, still around that record high. So that just tells you the strength of the underlying market, regardless of all this tariff. My gold fun fact, Jared. I saw I saw someone pointing this out this week. Look at the year-to-date move, 30%, depending on what we consider an asset class. It's certainly outperforming stocks and it's one of the top asset classes this year. Hey, gold is one of the most hated asset classes ever by a lot of institutional investors. Nevertheless, you cannot argue with price. Only price pays, uh says some famous day traders. We'll be watching that uptrend in gold for sure, Jared. All right, that's going to do it for us here. Appreciate you joining us. Related Videos Why many strategists think the market rally will continue Barings' Burton on Tight Credit Spreads Patel and Catrambone's Outlook for the Fed Nasdaq closes 200 points higher, notches new record Sign in to access your portfolio
Yahoo
30 minutes ago
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Star Equity Holdings, Inc. Declares a Partial Cash Dividend of $0.225 Per Share of 10% Series A Cumulative Perpetual Preferred Stock
The dividend will cover the period through August 21, 2025 OLD GREENWICH, Conn., Aug. 08, 2025 (GLOBE NEWSWIRE) -- Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP) ('Star' or the 'Company'), a diversified holding company, announced today that its Board of Directors declared a partial cash dividend to holders of the Company's 10% Series A Cumulative Perpetual Preferred Stock ('Star Preferred Stock') of $0.225 per share. The record date for this dividend is August 21, 2025 and the payment date is September 10, 2025. As previously disclosed, on May 21, 2025, Hudson Global, Inc., a Delaware corporation ('Hudson'), HSON Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Hudson ('Merger Sub'), and the Company, entered into an Agreement and Plan of Merger (the 'Merger Agreement'), pursuant to which, among other matters, and subject to the satisfaction or waiver of the conditions set forth in the Merger Agreement, Merger Sub will merge with and into the Company, with the Company continuing as the surviving corporation of the merger (the 'Merger'), and a wholly owned subsidiary of Hudson. In the Merger, Star stockholders will be entitled to receive 0.23 shares of Hudson common stock, par value $0.001 per share ('Hudson Common Stock'), in exchange for each share of Star common stock, par value $0.0001 per share ('Star Common Stock'), owned by them immediately prior to the Merger, and, one share of Hudson 10.0% Series A Cumulative Perpetual Preferred Stock, par value $0.001 per share ('Hudson Preferred Stock'), in exchange for each share of Star Preferred Stock, owned by them immediately prior to the Merger. Pursuant to the Merger Agreement, no fractional shares will be issued in the Merger. Instead, any holder of Star Common Stock that is otherwise entitled to receive a fractional share of Hudson Common Stock will be entitled to receive from the Exchange Agent under the Merger Agreement, in accordance with the provisions of the Merger Agreement, a cash payment in lieu of such fractional share, representing such holder's proportionate interest, if any, in the proceeds from the sale by the Exchange Agent (reduced by any fees of the Exchange Agent attributable to such sale) in one or more transactions of shares of Hudson Common Stock equal to the excess of (A) the aggregate number of shares of Hudson Common Stock to be delivered to the Exchange Agent by Hudson pursuant to the Merger Agreement over (B) the aggregate number of whole shares of Hudson Common Stock to be distributed to the holders of shares of Star Common Stock pursuant to the Merger Agreement. The dividend will cover the period through August 21, 2025. For periods subsequent to that time, it is anticipated that either the Company will declare another dividend, or if the Merger closes and the Hudson Preferred Stock is issued, then dividends will be paid pursuant to the terms of the Hudson Preferred Stock. About Star Equity Holdings, Equity Holdings, Inc. is a diversified holding company currently composed of three business divisions: Building Solutions, Energy Services, and Investments. Building SolutionsOur Building Solutions division operates in three businesses: (i) modular building manufacturing; (ii) structural wall panel and wood foundation manufacturing, including building supply distribution operations; and (iii) glue-laminated timber (glulam) column, beam, and truss manufacturing. Energy ServicesOur Energy Services division engages in the rental, sale, and repair of downhole tools used in the oil and gas, geothermal, mining, and water-well industries. InvestmentsOur Investments division manages and finances the Company's real estate assets as well as its investment positions in private and public Current Report on Form 8-K and the exhibits filed or furnished herewith contain 'forward-looking statements' within the meaning of the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, express or implied statements regarding the structure, timing and completion of the proposed Merger; the combined company's listing on Nasdaq after closing of the proposed Merger; expectations regarding the ownership structure of the combined company; the anticipated timing of Closing; the expected executive officers and directors of the combined company; the future operations of the combined company; the nature, strategy and focus of the combined company; the executive and board structure of the combined company; and other statements that are not historical fact. All statements other than statements of historical fact contained in this Current Report on Form 8-K are forward-looking statements. These forward-looking statements are made as of the date they were first issued, and were based on the then-current expectations, estimates, forecasts, and projections, as well as the beliefs and assumptions of management. There can be no assurance that future developments affecting Star, Hudson, or the proposed transaction will be those that have been anticipated. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond Star's control. Star's actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to (i) the risk that the conditions to the closing of the proposed Merger are not satisfied, including the failure to timely obtain stockholder approval for the transaction, if at all; (ii) uncertainties as to the timing of the consummation of the proposed Merger and the ability of each of Star and Hudson to consummate the proposed Merger; (iii) risks related to Star's ability to manage its operating expenses and its expenses associated with the proposed Merger pending closing; (iv) risks related to the failure or delay in obtaining required approvals from any governmental or quasi-governmental entity necessary to consummate the proposed Merger; (v) risks related to the market price of Star's common stock relative to the value suggested by the exchange ratio; (vi) unexpected costs, charges or expenses resulting from the transaction; (vii) potential adverse reactions or changes to business relationships resulting from the announcement or completion of the proposed Merger; (viii) risks related to the inability of the combined company to success operate as a combined business; and (ix) risks associated with the possible failure to realize certain anticipated benefits of the proposed Merger, including with respect to future financial and operating results, among others. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties. These and other risks and uncertainties are more fully described in periodic filings with the SEC, including the factors described in the section titled 'Risk Factors' in Star's Annual Report on Form 10-K for the year ended December 31, 2024 filed with the SEC, and in other filings that Star makes and will make with the SEC in connection with the proposed Merger, including the Proxy Statement/Prospectus. You should not place undue reliance on these forward-looking statements, which are made only as of the date hereof or as of the dates indicated in the forward-looking statements. Star expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based. This Current Report on Form 8-K does not purport to summarize all of the conditions, risks and other attributes of an investment in Star or Hudson, and their respective directors and certain of their executive officers and employees may be considered participants in the solicitation of proxies from Star's stockholders with respect to the proposed merger transaction under the rules of the SEC. Information about the directors and executive officers of Hudson is set forth in its Annual Report on Form 10-K for the year ended December 31, 2024, which was filed with the SEC on March 14, 2025, and in subsequent documents filed with the SEC. Information about Star's directors and officers is available in Star's Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on March 21, 2025, and in subsequent documents filed with the SEC. Additional information has been made available to you regarding the persons who may be deemed participants in the proxy solicitations and their direct and indirect interests (by security holdings or otherwise) in the Merger in a registration statement on Form S-4 (the 'Registration Statement') which was declared effective by the SEC on July 22, 2025, and the joint proxy statement/prospectus of Star and Hudson contained therein (the 'Proxy Statement/Prospectus'), which was disseminated to stockholders beginning on or about July 23, 2025. Instructions on how to obtain free copies of this document and, the Registration Statement and Proxy Statement/Prospectus, are set forth below in the section headed 'Additional Information and Where to Find It'. This Current Report on Form 8-K and the exhibits filed or furnished herewith relate to the proposed merger transaction involving Star and Hudson and may be deemed to be solicitation material in respect of the proposed merger transaction. This Current Report on Form 8-K is not a substitute for the Registration Statement, the Proxy Statement/Prospectus or for any other document that Star or Hudson may file with the SEC and or send to its stockholders in connection with the proposed merger transaction. BEFORE MAKING ANY VOTING DECISION, INVESTORS AND SECURITY HOLDERS OF STAR ARE URGED TO READ THE REGISTRATION STATEMENT, THE PROXY STATEMENT/PROSPECTUS AND OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT STAR, THE PROPOSED MERGER TRANSACTION AND RELATED Current Report on Form 8-K does not constitute an offer to sell or the solicitation of an offer to buy any securities nor a solicitation of any vote or approval with respect to the proposed transaction or otherwise. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the U S. Securities Act of 1933, as amended, and otherwise in accordance with applicable and security holders will be able to obtain free copies of the Registration Statement, the Proxy Statement/Prospectus and other documents filed by Star or Hudson with the SEC through the website maintained by the SEC at Copies of the documents filed by Star with the SEC will also be available free of charge on Star's website at You may obtain free copies of this document as described above. For more information contact: Star Equity Holdings, Inc. The Equity Group Richard K. Coleman Jr. Lena Cati Chief Executive Officer Senior Vice President 203-489-9508 212-836-9611 admin@ lcati@ in to access your portfolio
Yahoo
31 minutes ago
- Yahoo
Is Nvidia Stock Likely to Rally After Aug. 27?
Key Points Nvidia's stock has been rallying this year after a tough start due to tariffs. Easing China-U.S. relations should have a positive impact on Nvidia's business. Tech companies continue to spend heavily on artificial intelligence (AI), suggesting demand for Nvidia's chips remains robust. 10 stocks we like better than Nvidia › Nvidia (NASDAQ: NVDA) had a rough start to 2025, with macroeconomic concerns and tariffs weighing on the stock. But it has seemingly shaken off those fears, and year to date, the stock is now up close to 30% (as of Aug. 4), becoming the first to reach a valuation north of $4 trillion. While its valuation is undoubtedly high, there's one thing that has the potential to send its shares up even more, and that's a strong earnings report. With Nvidia's earnings set to come out later this month, on Aug. 27, is that likely to be a catalyst that sends the chipmaker's scorching-hot stock to new heights? How has Nvidia's stock typically performed after earnings? The chart shows how Nvidia's stock has performed over the past few years, while also indicating when it reported earnings. There has been notable movement following earnings in both directions, but it hasn't normally been a move straight up or straight down afterward. This suggests that other factors may play much more important roles in Nvidia's stock's performance, and that strong earnings numbers may already be priced into its valuation. Nvidia last reported earnings on May 28. At the time, the stock was trading at around $135, and it has gone on to surge since then. But in the first few days after reporting earnings, its shares didn't take off -- a clear sign that the earnings report itself wasn't likely the reason for its recent rise in value. Instead, the rally may be due to progress in China-U.S. trade talks, with the U.S. government recently permitting Nvidia to sell its H20 artificial intelligence (AI) chips to China. Another catalyst is tech companies still expecting to spend more on AI in the near future, indicating that demand for Nvidia's chips isn't likely to slow down anytime soon. Could Nvidia's high valuation make it too difficult for the stock to rally after earnings? Back in April, when the U.S. government announced reciprocal tariffs, Nvidia's stock was trading at close to 30 times its trailing earnings. And that low valuation may have made it easier for it to rally since then. But by the same token, now, with the AI stock looking much more expensive and valued at a price-to-earnings multiple of over 56, that could restrict gains from here on out, even if Nvidia does demonstrate strong growth for the upcoming quarter. While the stock isn't trading at the elevated premiums it was at in late 2024, if its growth rate isn't strong and its guidance isn't better than what analysts are expecting, then its upcoming earnings report may not provide the stock with much, if any, of a boost. Should you buy Nvidia stock today? I don't expect Nvidia's stock to surge after earnings, only because I wouldn't expect too-rosy guidance from the company at a time when there's so much uncertainty in the global economy. And with the stock trading at elevated levels again, it may not be easy to convince investors that it's a cheap buy. However, for the long term, Nvidia can still be a good investment, given its dominance in the AI chip market. And as long as you're not in a rush to turn a quick profit on the stock, it can be a solid buy -- I just wouldn't get my hopes up for a big rally after it releases its upcoming earnings numbers. Should you buy stock in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Nvidia wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,563!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,108,033!* Now, it's worth noting Stock Advisor's total average return is 1,047% — a market-crushing outperformance compared to 181% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 David Jagielski has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Is Nvidia Stock Likely to Rally After Aug. 27? was originally published by The Motley Fool
