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6.88 usd to php Jimmy Carter, the 39th US president, has died at 100CHICAGO , Dec. 23, 2024 /PRNewswire/ -- Katten announced today that the firm advised CleanSpark Inc. on a $650 million convertible senior notes offering. Mark Wood , Partner and Co-Chair of the Capital Markets practice, led the Katten team that advised the company in connection with its offering of $650 million aggregate principal amount of 0.00% convertible senior notes due 2030. The notes were sold to the initial purchasers, led by Cantor Fitzgerald & Co. as Lead Book-Running Manager, in a private offering for resale to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act). The issuance and sale of the notes closed on December 17, 2024 . In connection with the pricing of the notes, CleanSpark entered into capped call transactions with various counterparties and repurchased approximately $145 million of its common stock. ICR Capital LLC served as financial advisor to CleanSpark in connection with this offering. "We congratulate our client CleanSpark on successfully completing its first-ever 144A convertible notes offering," Wood said. "It has been a privilege to work alongside the CleanSpark team as it has led CleanSpark's growth in the bitcoin mining industry." CleanSpark is a market-leading, pure play Bitcoin miner. The company owns and operates a portfolio of mining facilities across the United States . Katten regularly advises companies within the cryptocurrency and blockchain industries, combining its regulatory expertise and deep experience in a wide range of sophisticated transactions to deliver holistic legal advice to companies in this industry. The Katten team also included Capital Markets Partners Elizabeth McNichol and Timothy Kirby , and Associates Maximillian Licona and Michael Tremeski; Financial Markets and Funds Partner Krassi Zourkova and Associate Eli Krasnow; and Transactional Tax Planning Partner Todd Hatcher and Associate Jeffrey Ng. Katten is a full-service law firm with approximately 700 attorneys in locations across the United States and in London and Shanghai . Clients seeking sophisticated, high-value legal services turn to Katten for counsel locally, nationally and internationally. The firm's core areas of practice include corporate, financial markets and funds, insolvency and restructuring, intellectual property, litigation, real estate, structured finance and securitization, transactional tax planning, private credit and private wealth. Katten represents public and private companies in numerous industries, as well as a number of government and nonprofit organizations and individuals. For more information, visit katten.com . SOURCE KattenNEW YORK (AP) — Juan Soto appears on a timetable to decide on where to sign either before or during baseball's winter meetings in Dallas, which run from Dec. 8-12. Soto met with the New York Yankees, New York Mets, Los Angeles Dodgers, Boston Red Sox and Toronto Blue Jays, a person familiar with the negotiations said last week, speaking to The Associated Press on condition of anonymity because details were not announced. Soto's agent, Scott Boras, asked teams to submit initial offers by Thanksgiving, a second person familiar with the talks said, also on condition of anonymity because it was not announced. Soto is the top player available among this year's free agents . A four-time All-Star, Soto finished third in AL MVP voting after hitting .288 with 41 homers, 109 RBIs and 129 walks. He has a .285 career average with 201 homers, 592 RBIs and 769 walks over seven major league seasons. Soto turned down a $440 million, 15-year offer from Washington in 2022, prompting the Nationals to trade him to San Diego, which then dealt him to the Yankees last December. Soto then combined with Aaron Judge to lead New York to the World Series, where the Yankees lost to the Dodgers . In his pitch to teams, Boras highlighted that Soto joined Mickey Mantle as the only players with seven RBIs in a World Series at age 21 or younger when he was with Washington, and at 20 became the youngest player with five postseason homers. Soto's .906 postseason OPS through age 25 topped Mantle (.900) and Derek Jeter (.852). Soto is likely to seek a record contract, topping Shohei Ohtani's $700 million, 10-year agreement with the Los Angeles Dodgers last December. That might not mean Soto gets more than $700 million, though. Because Ohtani's deal included $680 million in deferred money payable through 2043, it can be valued by different methods. For instance, Ohtani's contract is valued at $46.1 million per season ($461 million total) under MLB's luxury tax system, which used a 4.43% discount rate. The players' association uses a 5% rate, which puts Ohtani's contract at $43.8 million per year. For MLB's regular payroll calculations, a 10% discount rates values Ohtani's deal at just $28.2 million. Which means if Soto gets even $462 million without deferred payments, there's an argument that his deal is the most valuable in MLB history. By average annual value, pitchers Max Scherzer and Justin Verlander are tied for second in baseball history at $43.33 million as part of contracts they signed with the New York Mets, deals that expired at the end of the 2024 season. In terms of total value, Ohtani surpassed outfielder Mike Trout’s $426.5 million, 12-year contract with the Los Angeles Angels through 2030. MLB’s longest contract is outfielder Fernando Tatis Jr.’s 14-year deal with the San Diego Padres through 2034. Story continues below video The Mets, Yankees, Dodgers and Philadelphia Phillies all are likely to enter 2025 having paid luxury tax for three straight years, putting them at the highest rate: a 50% surcharge on payroll between $241 million and $261 million, 62% from $261 million to $281 million, 95% from $281 million to $301 million and 110% for each dollar above $301 million. Toronto may have dropped below the initial tax threshold this year, pending final figures next month. If the Blue Jays did fall under, their rates next year would reset to 20%, 32%, 62.5% and 80% for the four thresholds. If Soto reaches or announces an agreement at the winter meetings in Dallas' Hilton Anatole, it would be a familiar location for a big Boras deal. Alex Rodriguez's record $252 million, 10-year contract with the Texas Rangers was announced in December 2000 at what then was called the Wyndham Anatole Hotel. A-Rod's deal more than doubled MLB's previous high, a $121 million, eight-year contract between pitcher Mike Hampton and Colorado that was announced just two days earlier. “In two days, we’ve doubled a new highest salary,′′ said Sandy Alderson, then an executive vice president in the commissioner’s office. ”I don’t like the exponentiality of that." Rodriguez was 25 at the time of the agreement with Texas, a free agent before entering his likely prime, like Soto. Third baseman Alex Bregman, first basemen Pete Alonso and Christian Walker, and outfielders Anthony Santander and Teoscar Hernández are among the significant bats available to pursue and likely would interest some of the teams who fail to sign Soto. Bregman and Alonso, like Soto, are represented by Boras. AP MLB: https://apnews.com/hub/MLB

Travelzoo ( NASDAQ:TZOO – Get Free Report ) was the recipient of a significant decrease in short interest in December. As of December 15th, there was short interest totalling 150,400 shares, a decrease of 21.2% from the November 30th total of 190,900 shares. Based on an average daily volume of 133,500 shares, the short-interest ratio is presently 1.1 days. Currently, 2.1% of the shares of the stock are short sold. Travelzoo Price Performance Travelzoo stock opened at $19.72 on Friday. The stock has a market cap of $232.77 million, a price-to-earnings ratio of 18.43 and a beta of 1.71. The firm has a 50-day moving average of $18.64 and a two-hundred day moving average of $13.40. Travelzoo has a 1 year low of $7.12 and a 1 year high of $22.44. Travelzoo ( NASDAQ:TZOO – Get Free Report ) last announced its quarterly earnings results on Wednesday, October 23rd. The information services provider reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.20 by $0.06. The firm had revenue of $20.10 million during the quarter, compared to analyst estimates of $21.15 million. Travelzoo had a return on equity of 210.54% and a net margin of 16.67%. During the same quarter in the previous year, the business earned $0.16 earnings per share. Research analysts expect that Travelzoo will post 1.09 earnings per share for the current year. Insider Transactions at Travelzoo In related news, CEO Holger Bartel sold 23,057 shares of the stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $19.73, for a total transaction of $454,914.61. Following the completion of the transaction, the chief executive officer now directly owns 4,000 shares of the company’s stock, valued at approximately $78,920. This represents a 85.22 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link . Also, major shareholder Azzurro Capital Inc sold 10,000 shares of the stock in a transaction that occurred on Wednesday, October 23rd. The shares were sold at an average price of $15.02, for a total value of $150,200.00. Following the transaction, the insider now owns 4,837,696 shares of the company’s stock, valued at $72,662,193.92. This represents a 0.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold a total of 265,557 shares of company stock valued at $4,672,865 over the last three months. Corporate insiders own 47.00% of the company’s stock. Institutional Trading of Travelzoo Several institutional investors and hedge funds have recently made changes to their positions in the company. Hennion & Walsh Asset Management Inc. increased its position in Travelzoo by 169.5% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 127,186 shares of the information services provider’s stock valued at $1,533,000 after purchasing an additional 79,990 shares during the period. ClariVest Asset Management LLC boosted its stake in shares of Travelzoo by 2.9% during the second quarter. ClariVest Asset Management LLC now owns 97,730 shares of the information services provider’s stock valued at $742,000 after purchasing an additional 2,732 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Travelzoo by 10.6% during the third quarter. Geode Capital Management LLC now owns 82,241 shares of the information services provider’s stock valued at $991,000 after purchasing an additional 7,857 shares in the last quarter. Ritholtz Wealth Management increased its holdings in Travelzoo by 217.4% during the third quarter. Ritholtz Wealth Management now owns 34,453 shares of the information services provider’s stock valued at $415,000 after buying an additional 23,599 shares during the period. Finally, XTX Topco Ltd raised its stake in Travelzoo by 103.5% in the third quarter. XTX Topco Ltd now owns 25,274 shares of the information services provider’s stock worth $305,000 after buying an additional 12,854 shares in the last quarter. 27.39% of the stock is currently owned by institutional investors. Wall Street Analysts Forecast Growth Several research firms have commented on TZOO. StockNews.com lowered shares of Travelzoo from a “strong-buy” rating to a “buy” rating in a research note on Friday, November 1st. Barrington Research lifted their price target on shares of Travelzoo from $12.00 to $15.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 22nd. Ascendiant Capital Markets increased their price objective on shares of Travelzoo from $18.00 to $23.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. Finally, Litchfield Hills Research initiated coverage on Travelzoo in a research report on Wednesday, September 4th. They set a “buy” rating and a $35.00 target price for the company. View Our Latest Analysis on Travelzoo About Travelzoo ( Get Free Report ) Travelzoo, together with its subsidiaries, operates as an Internet media company that provides travel, entertainment, and local experiences worldwide. It operates in four segments: Travelzoo North America, Travelzoo Europe, Jack's Flight Club, and New Initiatives. The company offers Travelzoo website, Travelzoo Top 20 email newsletters, Standalone email newsletters, Travelzoo Network, Travelzoo mobile applications, Jack's Flight Club website, Jack's Flight Club mobile applications, and Jack's Flight Club newsletters. Featured Stories Receive News & Ratings for Travelzoo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Travelzoo and related companies with MarketBeat.com's FREE daily email newsletter .The NFL won the head-to-head battle for viewers with the College Football Playoff. Front Office Sports, citing figures from Nielsen, reported Tuesday that the Kansas City Chiefs' 27-19 win over the Houston Texans on Saturday averaged 15.5 million viewers on NBC, more than double the average of 6.4 million people who watched Penn State defeat SMU 38-10 on TNT Sports in the same time frame. The Baltimore Ravens' 34-17 win over the Pittsburgh Steelers drew an average of 15.4 million for Fox Sports, while 8.6 million viewers tuned in to see Texas defeat Clemson 38-24in the College Football Playoff on TNT. The CFP games returned stronger ratings when they weren't matched up against an NFL game, however. Ohio State's 42-17 victory over Tennessee, played in primetime on Saturday night, averaged 14.3 million viewers on ESPN. The network also saw strong ratings for Notre Dame's 27-17 win over Indiana on Friday night with an average of 13.4 million. All four first-round CFP games were played at campus sites. They averaged 10.6 million viewers overall, per Front Office Sports, which noted that figure exceeded the ratings for all but four college football broadcasts this season. --Field Level Media

Best Bets, Odds for the Vikings vs. Packers Game – Week 17NEW YORK :Oil prices settled more than 1 per cent higher on Friday and recorded a weekly gain in low trading volume ahead of year-end, buoyed by a larger-than-expected drawdown from U.S. crude inventories last week. Brent crude futures rose 91 cents, or 1.2 per cent, to settle at $74.17 per barrel. U.S. West Texas Intermediate crude futures rose 98 cents, or 1.4 per cent, to $70.60 per barrel. On a weekly basis, both Brent and WTI crude gained about 1.4 per cent. U.S. crude oil inventories fell by 4.2 million barrels in the week ended Dec. 20 as refiners ramped up activity and the holiday season boosted fuel demand, data from the U.S. Energy Information Administration showed on Friday. Analysts polled by Reuters had expected a 1.9 million-barrel drawdown, whereas figures from the American Petroleum Institute released earlier in the week estimated a 3.2 million-barrel draw, according to market sources. Optimism over Chinese economic growth has also sparked hopes of higher demand next year from the top oil importing nation. The World Bank on Thursday raised its forecast for Chinese economic growth in 2024 and 2025. Meanwhile, Chinese authorities have agreed to issue special treasury bonds worth 3 trillion yuan ($411 billion) next year, sources told Reuters this week, as Beijing acts to revive the sluggish economy. The war between Russia and Ukraine, which had become an afterthought in energy markets due to stagnant global oil demand, seems to be returning to the forefront after numerous events this week that could impact supplies next year, fuel distributor TACenergy's trading desk wrote on Friday. NATO said on Friday it would boost its presence in the Baltic Sea, a day after Finland seized a ship carrying Russian oil on suspicion of causing internet and power cable outages. Meanwhile, Dutch and British wholesale natural gas prices rose amid fading hopes for a new deal to transit Russian gas through Ukraine. Tensions have flared in the Middle East too, after Israel raided a north Gaza hospital on Friday and struck targets linked to the Houthi movement in Yemen on Thursday, but these events are unlikely to affect oil prices much heading into next year, StoneX analyst Alex Hodes said. Instead, the largest risk in the Middle East is from sanctions enforcement that will likely occur with the incoming Donald Trump administration in the U.S., he said.

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