NBC News’ Tom Winter and MSNBC political analyst Eugene Robinson discuss the protests over the Israel-Hamas war on college campuses across the U.S. Robinson weighs in on NYC Major Adams saying “outside agitators” disrupted the protests at Columbia University, saying the term was also used “to delegitimize civil rights protests” in the South.
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WASHINGTON The Federal Reserve is set to announce a decision on Wednesday about whether to adjust its benchmark interest rate, just days after new government data showed that the economy is cooling off.
BioHarvest Sciences CEO Ilan Sobel joined Steve Darling from Proactive to share the company’s impressive financial and operational results for the fourth quarter and full year ended December 31, 2023. Revenue surged by 131% to $12.7 million in 2023, compared to $5.5 million in 2022, with fourth quarter revenue growing by 85% to $4.5 million. Notably, gross margins for the fourth quarter improved to 51%, up from 27% in the same period of 2022, and full-year gross margins rose to 45%, from 22% in 2022.In the US market, BioHarvest Sciences experienced significant growth, with new customer and subscriber counts more than doubling. Despite this growth, marketing costs increased by only 48%, while customer churn and cost of acquisition decreased, indicating improved efficiency in customer acquisition and retention strategies.Looking ahead, Sobel provided revenue guidance for the first and second quarters of 2024, expecting revenues to range between $5.2-$5.3 million and $5.7-$6.0 million, respectively. The company also launched a new ‘Hot Beverage’ lineup in December 2023, starting with VINIA® Functional Coffees, with additional VINIA® products in the pipeline.In a strategic move towards broader market access, BioHarvest Sciences is working towards listing on the Nasdaq Exchange in the United States. To meet Nasdaq’s minimum share price requirements, the company plans to seek shareholder approval for a share consolidation of 35-1 at its Annual and Special General Meeting on May 27, 2024. Additionally, the company aims to enhance corporate governance by adding an additional independent director to meet Nasdaq requirements. These initiatives underscore BioHarvest Sciences’ commitment to unlocking greater shareholder value and expanding its presence in the US market.#proactivinvestors #cse #bhsc #otcqb #cnvcf #pharma #biotech #hearthealth #BioHarvestSciences, #IlanSobel, #RevenueGrowth, #NasdaqListing, #FinancialResults, #MarketingEfficiency, #ProductLaunch, #CoffeeProducts, #TeaProducts, #BusinessGrowth, #InvestorInterest, #BusinessStrategy, #FinancialForecast, #MarketExpansion, #CorporateDevelopment, #ManagementFocus, #EarningsReport, #StockMarket, #InvestmentOpportunity, #CorporateNews#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
Pay and benefits for Americas workers grew more quickly in the first three months of this year, a trend that could contribute to higher inflation and raise concerns about the future path of price increases at the Federal Reserve
The Federal Trade Commission wants to know more about how Amazon and its executives use the encrypted messaging app Signal.
The inflation gauge preferred by the Fed shows an elevated level of pressure on core prices for goods and services.
The inflation gauge preferred by the Fed shows an elevated level of pressure on core prices for goods and services.
The US central bank’s favored measure of inflation accelerated last month, according to government data published Friday, pushing back the chances of an interest rate cut this summer. The data published Friday also show that personal income accelerated last month, rising by 0.5 percent in March from a month earlier, the Commerce Department said.
JPMorgan CEO Jamie Dimon says hes hopeful the Federal Reserve can bring down inflation without causing a recession but wouldnt rule out more troubling possibilities, such as stagflation
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Feds reluctance to cut interest rates anytime soon.
JPMorgan CEO Jamie Dimon says hes hopeful the Federal Reserve can bring down inflation without causing a recession but wouldnt rule out more troubling possibilities, such as stagflation
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Feds reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Bidens re-election bid