Fidelity Covington Trust Fidelity Enhanced Mid Cap ETF (ARCA: FMDE)

Latest news for Fidelity Covington Trust Fidelity Enhanced Mid Cap ETF (ARCA:FMDE)

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The fund normally investing at least 80 percent of assets in common stocks included in the Russell Midcap Index, which is a market capitalization-weighted index designed to measure the performance of the mid-cap segment of the U.S. equity market.

Amphenol Corp-class A

Trane Technologies Plc

Cintas Corp

Paccar Inc

Bank Of New York Mellon Corp.

Simon Property Group Inc

Ross Stores Inc

Spotify Technology Sa

D.r. Horton, Inc.

Ametek Inc

Fidelity Enhanced Mid Cap ETF

Fidelity Covington Trust Fidelity Enhanced Mid Cap ETF

WIIM

Novo Nordisk and Eli Lilly shares are trading higher after the Biden-Harris administration proposed a new step to expand coverage of anti-obesity medications for Medicare and Medicaid beneficiaries.

News

Guidance

Canopy Growth Board Reaffirms Confidence In Company's Strategic Direction

LDTC

LeddarTech Achieves ISO/IEC 27001 Certification, Strengthening Cybersecurity Framework

Keybanc analyst Justin Patterson maintains Global E Online (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLBE#NASDAQ">GLBE</a>) with a Overweight and raises the price target from $38 to $55.

Price Target

Analyst Ratings

GLBE

Keybanc Maintains Overweight on Global E Online, Raises Price Target to $55

Wells Fargo initiates coverage on Thomson Reuters (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRI#NYSE">TRI</a>) with a Equal-Weight rating and announces Price Target of $165.

Initiation

Wells Fargo Initiates Coverage On Thomson Reuters with Equal-Weight Rating, Announces Price Target of $165

AVXL

Anavex Life Sciences Submits Blarcamesine Marketing Authorization Application To EMA For Alzheimer's Disease Treatment Approval

Management

Canopy Growth Names Current Board Member Luc Mongeau As Its Next CEO, Effective January 6, 2025

SL Green Realty Enters Contract To Purchase 500 Park Avenue For $130M

DCGO

DocGo Secures Two-Year Contract With Major Texas Health System For Medical Transportation Services

The FDA will review the updated sBLA within four months of submission. Theratechnologies therefore expects a decision around the end of March 2025. The new formulation is patent protected in the U.S. until 2033.

THTX

Theratechnologies Resubmits Supplemental Biologics License Application To FDA For F8 Formulation Of Tesamorelin

Abercrombie & Fitch Increases Full Year Outlook To Net Sales Growth Outlook From 12% - 13% To 14% -15%; Sees Q4 Net Sales To Grow 5% - 7%

Guggenheim analyst Robert Drbul upgrades Capri Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPRI#NYSE">CPRI</a>) from Neutral to Buy and announces $30 price target.

Upgrades

CPRI

Guggenheim Upgrades Capri Holdings to Buy, Announces $30 Price Target

Wells Fargo analyst Matthew Akers upgrades Science Applications Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAIC#NASDAQ">SAIC</a>) from Equal-Weight to Overweight and lowers the price target from $157 to $147.

SAIC

Wells Fargo Upgrades Science Applications Intl to Overweight, Lowers Price Target to $147

CGTX

Cognition Therapeutics Announces Completion of Final Visits In Phase 2 SHIMMER Study Of CT1812 For Dementia With Lewy Bodies

In his new role, Ball will serve on the company's executive leadership team and continue to report to Scott Lipesky, Executive Vice President and Chief Operating Officer.
Lipesky, who served as the company's CFO since 2017, was promoted to COO in May 2023, and will remain in that role, leading the company's global operations and growth strategies, while driving financial discipline, capital allocation and efficiency.
&nbsp;

Abercrombie & Fitch Names Robert Ball As CFO, Effective November 20, 2024

ifeway Foods, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LWAY#NASDAQ">LWAY</a>) (the "Company" or "Lifeway"), the leading U.S. supplier of kefir and fermented probiotic products to support the microbiome, today provided additional information regarding the reasons that its Board of Directors rejected the revised unsolicited proposal made on November 15, 2024 by Danone North America PBC ("Danone") to acquire all the shares of Lifeway that it does not already own for $27.00 per share.
The Board determined that Danone's $27.00 per share proposal substantially undervalues the Company. The Board is not, however, opposed to the sale of the Company at any price.
The Board has carefully evaluated the Company's standalone plan&nbsp;and believes it has strong potential to provide superior value to all shareholders as compared to Danone's revised proposal. The Board takes its fiduciary duties seriously and is committed to acting in the best interests of all of the Company's shareholders and other stakeholders.

DANOY

LWAY

Lifeway Foods Rejects Danone's $27 Per Share Acquisition Proposal, Citing Undervaluation Of The Company

Earnings

Abercrombie & Fitch Q3 EPS $2.50 Up From $1.83 YoY, Sales $1.21B Up From $1.056B YoY

NCTY

NIPG

NIP Group Forms Strategic Alliance With The9 To Transform "MIR M" Into Competitive Esports Game For Global Audience

Wells Fargo analyst Michael Sison upgrades Eastman Chemical (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMN#NYSE">EMN</a>) from Equal-Weight to Overweight and raises the price target from $110 to $125.

Wells Fargo Upgrades Eastman Chemical to Overweight, Raises Price Target to $125

A stunning six-bedroom villa in Puerto Rico has set the <a href="https://www.benzinga.com/m-a/24/08/40483280/exclusive-la-rosa-expands-puerto-rico-footprint-with-acquisition-of-twelfth-franchisee-unveils-multi">island's real estate market</a> ablaze. It recently sold for a record-breaking $20 million. The luxurious property in Dorado Beach's Ritz-Carlton Reserve is now the most expensive property sold in Puerto Rico this year.
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The 14,000-square-foot home boasts jaw-dropping features. These include ocean views, a rooftop terrace, an infinity pool and a movie room with reclining seats. The buyer, whose identity remains undisclosed, reportedly purchased the property fully furnished – paintings, sofas and all. &#8220;The home was sold turnkey,&#8221; said Blanca Hebe Lopez Pierluisi, head of Corcoran Puerto Rico, the agency that brokered the deal, in an email to Business Insider.
Dorado Beach, just 30 minutes from San Juan, has become a magnet for the rich and famous. It's where luxury meets exclusivity. The gated Ritz-Carlton Reserve community is a gem. It offers privacy, high-end amenities and a slice of paradise. &#8220;Celebrities, notable entrepreneurs, renowned athletes, local families and the who&#8217;s who of the island frequent or live here,&#8221; Pierluisi shared.
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Originally developed by the Rockefellers in the 1950s, Dorado Beach was revamped in 2012 by Ritz-Carlton. The resort now spans 2,000 acres of walking paths, golf cart trails and pristine beachfront.
The villa&#8217;s sprawling one-acre lot was a key selling point. "The rarity of finding a one-acre lot within a five-star gated community was a significant factor," said Pierluisi.
What's causing the buying rush on the island? Puerto Rico's Act 60 is driving its luxury real estate boom. This tax incentive program offers U.S. mainlanders who relocate a 15-year tax break, including a 4% fixed income tax rate and up to a 75% reduction in property taxes. While this has attracted wealthy buyers to the island, it has also stirred controversy. Critics argue it contributes to gentrification and economic disparity.
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Still, Act 60 has brought many buyers and boosted the local economy. Billionaires are getting in on the deal – in February, Google's Larry Page reportedly <a href="https://www.benzinga.com/news/24/02/36921680/from-silicon-valley-to-sandy-beaches-google-cofounder-larry-page-reportedly-makes-silent-32m-purchas">purchased a private island </a>off the coast of PR for $32 million. Pierluisi described the market as &#8220;thriving and resilient,&#8221; adding, &#8220;This record-breaking sale is a strong indicator of the sustained demand for diverse property types.&#8221;
So what's inside the villa? The home&#8217;s open-plan design stretches across four levels. Its spacious kitchen connects seamlessly to outdoor patios and gardens, perfect for entertaining. Other features include seven bathrooms, a wine cellar and a pool table lounge.
Pierluisi emphasized that the property offers more than just luxury. It provides an unmatched lifestyle. "Puerto Rico continues to be a desirable destination and a true paradise for those seeking both luxury and a beach lifestyle," she said.
With a median listing price in Dorado of $2.4 million – double that of San Juan – the sale of this $20 million villa shows the growing demand for ultra-luxury homes on the island.
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Tax Breaks Draw Buyers To Puerto Rico As $20 Million Seaside Villa Sets Sales Record

Fidelity Enhanced Mid Cap ETF declares monthly distribution of $0.0770

Fidelity Enhanced Mid Cap ETF declares quarterly distribution of $0.0770

FMDE: An Excellent All Weather ETF For Mid-Cap Investors

Fidelity Enhanced Mid Cap ETF declares $0.098 dividend

JHMM: A Solid And Well-Balanced Mid-Cap Multifactor Fund

JPME: High Quality Mid-Cap ETF Sacrifices Growth For Less Risk

FMDE: An Option For Diversified Exposure To Mid-Cap Stocks

AVMC

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FMDE

GRPM

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JPME

SPMD

XMHQ

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Fidelity Covington Trust Fidelity Enhanced Mid Cap ETF

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