Wells Fargo & Co.

Kestra Medical Technologies plans to offer 5,500,000 common shares through an underwritten public offering, with potential for an additional 825,000 shares. The proceeds will support sales, marketing, research, development, and general corporate purposes.

Bread Financial is launching a public offering of depositary shares representing interests in its Series A Preferred Stock, expecting to raise approximately $72.6 million for general corporate purposes.

Monte Financial Group increased its stake in Gap by acquiring 119,749 additional shares, bringing its total position to 238,643 shares valued at $5.1 million. Despite flat sales, Gap showed improved net income and expects modest sales growth in fiscal 2025.

The article discusses three preferred stock closed-end funds (CEFs) offering high dividend yields between 7.2% and 9.8%, which could benefit from potential Federal Reserve interest rate cuts.

The article discusses the increasing threat of extreme weather events and their impact on homes, businesses, and insurance costs. It highlights the devastating wildfires in Los Angeles and flooding in Kentucky, which have resulted in billions of dollars in damages and unquantifiable personal losses.