The What and Why of Orange Wines

Santander Holdings Extends Tender Offer For Santander Consumer USA Holdings

Santander Holdings USA, Inc. has extended the expiration date of its tender offer to acquire Santander Consumer USA Holdings Inc. not already owned by SHUSA for $41.50 per share. The tender offer is now scheduled to expire on December 29, 2021. It was previously scheduled to expire on December 23, 2021.

The joint depositary for the tender offer have informed SHUSA that approximately 12.8
million shares of common stock of Santander Consumer USA Holdings have been tendered and not validly withdrawn in the tender offer as of December 23, 2021.

Yes, Italian Beef Has a Life Outside Chicago

Its hometown fans may disapprove, but the city’s proprietary sandwich is now being served in all sorts of places.

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By Robert Simonson

What Is Driving CollPlant Biotechnologies Stock Up 20%?

Shares of CollPlant Biotechnologies Ltd. (CLGN) are jumping over 20% on Monday morning despite no stock-related news to drive the shares.

CLGN is currently trading at $16.03, up $2.81 or 21.29%, on the Nasdaq, on a volume of 185 thousand shares, above average volume of 55 thousand shares.

CollPlant Biotechnologies is a regenerative and aesthetic medicine company that focuses on three-dimensional bioprinting of tissues and organs, and medical aesthetics in the United States, Canada, and Europe.

California Cabernet Beyond the Stereotypes

Any wine can be legitimately criticized, but lazy generalizations obscure significant differences among places and styles.

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By Eric Asimov

American Virtual Cloud Gains 33%

American Virtual Cloud Technologies, Inc. (AVCT) shares are trading more than 33 percent on Monday morning trade, continuing a bullish trend. There were no corporate announcements on the day to impact the stock movement.

Currently, shares are at $2.51, up 32.21 percent from the previous close of $1.90 on a volume of 53,138,031. For the 52-week period, the shares have traded in a range of $0.84-$9.62 on average volume of 13,833,929.

AOSL Shares Reach All-Time High

Shares of Alpha and Omega Semiconductor Ltd. (AOSL) reached an all-time high of $58.87 Monday morning. The stock is currently trading at $58.80, up $3.55 or 6.43%, with trading volume of over 159K versus an average volume of 424K shares.

On December 7, 2021, the company announced a transaction related to a sale of about 2.1% of the outstanding equity interest in the joint venture company in Chongqing, China to a third party investor for an aggregate purchase price of RMB 108 million, or about $16.9 million based on the currency exchange rate as of December 1, 2021. The Transaction was closed on December 2, 2021.

AOS is reducing its ownership to below 50% to increase the flexibility of the JV company to raise capital to fund its future expansion. Following the Transaction and the successful ramp up to its Phase I target run rate in the September quarter of 2021, as planned, the JV company intends to raise up to $200 million through private funding rounds for its Phase II expansion.

Cue Health Continues Uptick

Cue Health Inc. (HLTH) shares are rising more than 17 percent on Monday morning trade, continuing a rally since December 17. There were no corporate announcements from the company today to impact the stock movement.

Currently, shares are at $15.08, up 17.51 percent from the previous close of $12.85. The shares have traded in a range of $8.53-$22.55 on average volume of 855,724 for the 52 week period.

Herald morning quiz: December 28

Test your brains with the Herald’s morning quiz. Be sure to check back on nzherald.co.nz for the afternoon quiz.

To challenge yourself with more quizzes, CLICK HERE.

Futu Holdings Stock Gains 10%

Shares of Futu Holdings Limited (FUTU) are gaining nearly 10% on Monday morning despite no stock-related news to drive the shares.

FUTU is currently trading at $44.91, up $4.01 or 9.80%, on the Nasdaq. The stock has traded between $34.11 and $204.25 in the 52 weeks period.

Futu Holdings Limited operates an online brokerage and wealth management platform in Hong Kong and internationally.

Chicago’s Signature Sandwich, Italian Beef, Gets a Multicultural Update

In this city so protective of its traditions, a new generation of cooks is creating fresh variations on a deliciously soggy sandwich.

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By Priya Krishna

The What and Why of Orange Wines

It’s a recently popular style made with ancient techniques: whites produced using the methods for reds. Is it a passing fancy, or will it endure?

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By Eric Asimov