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NATO and Ukraine will hold emergency talks Tuesday after Russia attacked a central city with an experimental, hypersonic ballistic missile that escalated the nearly 33-month-old war. The conflict is "entering a decisive phase," Poland's Prime Minister Donald Tusk said Friday, and "taking on very dramatic dimensions." Ukraine's parliament canceled a session as security was tightened following Thursday's Russian strike on a military facility in the city of Dnipro, the AP reports. President Vladimir Putin said Thursday that the attack with the intermediate-range Oreshnik missile was in retaliation for Ukraine's use... Bob CroninMarvell Announces Breakthrough Custom HBM Compute Architecture to Optimize Cloud AI Accelerators

Quest Partners LLC increased its holdings in shares of Preferred Bank ( NASDAQ:PFBC – Free Report ) by 1,376.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,137 shares of the bank’s stock after purchasing an additional 7,586 shares during the period. Quest Partners LLC owned approximately 0.06% of Preferred Bank worth $653,000 at the end of the most recent quarter. Several other institutional investors and hedge funds have also modified their holdings of the business. SG Americas Securities LLC bought a new position in Preferred Bank during the 1st quarter worth about $118,000. Russell Investments Group Ltd. boosted its position in Preferred Bank by 6.2% during the 1st quarter. Russell Investments Group Ltd. now owns 15,637 shares of the bank’s stock worth $1,200,000 after acquiring an additional 919 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Preferred Bank by 1.3% during the 1st quarter. Vanguard Group Inc. now owns 868,073 shares of the bank’s stock worth $66,642,000 after acquiring an additional 10,931 shares in the last quarter. CANADA LIFE ASSURANCE Co raised its holdings in shares of Preferred Bank by 7.9% in the first quarter. CANADA LIFE ASSURANCE Co now owns 11,366 shares of the bank’s stock valued at $871,000 after purchasing an additional 834 shares during the last quarter. Finally, BOKF NA bought a new stake in shares of Preferred Bank in the first quarter worth $296,000. 72.77% of the stock is currently owned by institutional investors and hedge funds. Wall Street Analyst Weigh In A number of research analysts recently weighed in on PFBC shares. Stephens raised their target price on shares of Preferred Bank from $90.00 to $94.00 and gave the company an “overweight” rating in a research report on Tuesday, October 22nd. Piper Sandler lifted their target price on Preferred Bank from $88.00 to $105.00 and gave the company an “overweight” rating in a research report on Monday, July 29th. Preferred Bank Trading Up 2.0 % NASDAQ PFBC opened at $95.67 on Friday. Preferred Bank has a 12 month low of $61.24 and a 12 month high of $97.21. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.20. The stock has a 50 day moving average of $84.76 and a 200-day moving average of $80.40. The company has a market cap of $1.38 billion, a PE ratio of 9.39 and a beta of 0.94. Preferred Bank ( NASDAQ:PFBC – Get Free Report ) last announced its quarterly earnings results on Monday, October 21st. The bank reported $2.46 EPS for the quarter, beating analysts’ consensus estimates of $2.39 by $0.07. The firm had revenue of $132.88 million during the quarter, compared to analysts’ expectations of $68.80 million. Preferred Bank had a net margin of 26.20% and a return on equity of 19.01%. During the same quarter last year, the company posted $2.71 earnings per share. On average, equities research analysts anticipate that Preferred Bank will post 9.75 EPS for the current fiscal year. Preferred Bank Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Monday, October 21st. Shareholders of record on Monday, October 7th were given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 2.93%. The ex-dividend date of this dividend was Monday, October 7th. Preferred Bank’s dividend payout ratio (DPR) is presently 28.06%. About Preferred Bank ( Free Report ) Preferred Bank provides various commercial banking products and services to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals, and high net worth individuals. The company accepts checking, savings, and money market deposit accounts; fixed-rate and fixed maturity retail, and non-retail certificates of deposit; and individual retirement accounts. Featured Stories Receive News & Ratings for Preferred Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Preferred Bank and related companies with MarketBeat.com's FREE daily email newsletter .New funding goes to groundbreaking products that pour plant fibers into our favorite foods to reduce the toxic impact of sugar and lower the incidence of metabolic disorders linked to the modern processed diet SACRAMENTO, Calif. , Dec. 13, 2024 /PRNewswire/ -- One Bio , a pioneering biotechnology company committed to revolutionizing nutrition to empower people to live better, longer, has raised $27 million in Series A funding led by Alpha Edison and joined by new investors including Leaps by Bayer, Mitsui E12, Morado, ReMY, DSM-Ferminich, and Better – alongside existing investors including iSelect, Skyview Life Sciences, Collaborative and Acre. This catalytic investment round energized a unique global mix of strategic and institutional investors and is a testament to investor belief in One Bio's potential to reshape how much (and how often) the world consumes fiber, and to combat the disease epidemic linked to the modern processed diet by transforming your favorite foods into engines of good health while helping all of us reduce and eliminate the harm of sugar. One Bio has innovated a technological process that releases anti-inflammatory short chain fibers from thousands of plants, making them undetectable, more bioactive and uniquely high dose. This novel process unlocks fibers from seeds, nuts, fruits, vegetables, legumes and grains. People today consume 10X more sugar than they did 200 years ago and 90% less fiber than we evolved to. Consequently, 95% of people are running a dramatic fiber deficiency that starves the microbiome while denying our bodies of core functions for healthspan. The result is skyrocketing rates of inflammatory disease including obesity, diabetes, cardiovascular, neurodegenerative, cancer and autoimmunity. One Bio promises a meaningfully positive shift in these alarming public health outcomes by not only eliminating traditional barriers to fiber consumption - like taste, texture, and appearance - but also reframing naturally-derived fiber as an essential but *undetectable* ingredient in our favorite foods and beverages. As humans evolved, our beneficial gut microbes co-evolved to unlock and consume the sugars bound in the rich diversity of fibers present in plant foods to produce molecules we need to provide core functions including balancing our blood glucose, regulating mood & energy, and making us feel satiated. But modern diets composed of processed foods have isolated the sugars and discarded the fibers. One Bio short chain fibers can even provide an offramp to reduce the population's reliance on GLP-1s to treat chronic metabolic diseases: increasing consumption of high-fiber foods can prevent such diseases in the first place. "Modern food processing techniques strip plant fibers from our foods and starve the microbiome of the nutrients it needs to make us healthy. One Bio works to help us restore core functionality to our diet like blood glucose regulation and mood & energy balance. We aim to avoid and reverse the negative impact of today's processed food diet which accounts for 70% of calories consumed. We have the opportunity to offer industry and people an exponentially better set of choices than those on shelves today," said Matt Barnard , Co-founder and CEO of One Bio . " One Bio puts thriving microbiomes to work delivering longevity, aiding digestion and providing the fuel we need to maximize health," he added. "Faced with endless shelves of processed and packaged foods, and surrounded by chronic diseases, consumers are rapidly awakening to the power of the gut microbiome. An avalanche of signals points to a large pool of latent demand. This is One Bio's market," added Nate Redmond of Alpha Edison . " One Bio enables their partners to deliver functional products that reshape global health and unlock growth. We are thrilled to be working with Matt and the talented, passionate leaders who are building a category leading platform company. For more information about One Bio , please visit one.bio . About One Bio : One Bio is a biotechnology company returning healthspan to our diet by reintroducing active plant fibers to our food and reshaping how we approach health and nutrition in everyday products. Using their cutting-edge technology, One Bio has demonstrated its ability to solve malnutrition in the modern diet. The company specializes in releasing short chain fibers from plants, while making them easily consumable and highly effective to invigorate our microbiome and immune system. Through its innovative solutions and strategic partnerships, One Bio aims to eradicate inflammatory disease and help people thrive. Press contact: Original Strategies Simone Hassan-Bey simone@originalstrategies.com View original content to download multimedia: https://www.prnewswire.com/news-releases/one-bio-secures-27-million-in-series-a-funding-to-revolutionize-nutrition-with-launch-of-breakthrough-technology-making-high-dose-anti-inflammatory-plant-fiber-imperceptible-in-food-and-beverage-for-the-first-time-302331656.html SOURCE One Bio Best trending stories from the week. Success! An email has been sent to with a link to confirm list signup. Error! There was an error processing your request. You may occasionally receive promotions exclusive discounted subscription offers from the Roswell Daily Record. 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