The Gabelli Multimedia Trust Inc. has confirmed its policy to continue paying fixed monthly cash distributions, maintaining an annual distribution of $0.88 per share, equivalent to a 21% cash-on-cash yield. The Fund will pay $0.07 per share in July and August, and $0.08 per share in September 2026. This distribution approach no longer relies on SEC exemptive relief and may include income, capital gains, or return of capital. The Board may adjust distributions based on market conditions and Fund performance, with final tax details provided to shareholders in early 2027.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...
