rabbit fortune in 2024 Tel-Aviv, Israel, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Ellomay Capital Ltd. (NYSE American; TASE: ELLO) (“Ellomay” or the “Company”), a renewable energy and power generator and developer of renewable energy and power projects in Europe, USA and Israel, today announced that it will hold an extraordinary general meeting of shareholders (the “Meeting”) at the Company’s offices at 18 Rothschild Boulevard, 1st Floor, Tel Aviv 6688121, Israel, on Thursday, January 30, 2025, at 3:00 p.m., Israel time, and thereafter as it may be adjourned or postponed from time to time. The agenda of the Meeting will be to approve the terms of service and compensation of Mr. Ben Sheizaf, the Company’s Chairman of the Board. Shareholders of record as of the close of business on December 30, 2024 will be entitled to vote at the Meeting or any adjournments or postponements thereof. The Company plans to mail a proxy statement that describes the proposal to be considered at the Meeting and a proxy card on or about December 31, 2024. A proxy statement and proxy card will also be furnished to the Securities and Exchange Commission on Form 6-K on or about December 23, 2024. The resolution to be presented at the Meeting requires the affirmative vote of holders of at least a majority of the ordinary shares voted at the Meeting on the matter presented for passage, in person or by proxy or via the electronic system of the Israel Securities Authority. Eligible shareholders may present proper proposals for inclusion in the Meeting by submitting their proposals to the Company no later than December 30, 2024. Shareholders may vote their ordinary shares by means of a proxy card, which is required to be received by the Company, along with the documentation set forth in the proxy statement, by 11:00 a.m., Israel time, on January 30, 2025 (four hours prior to the Meeting), to be counted for the Meeting, or through the electronic system of the Israel Securities Authority until six hours prior to the Meeting. About Ellomay Capital Ltd. Ellomay is an Israeli based company whose shares are listed on the NYSE American and the Tel Aviv Stock Exchange under the trading symbol “ELLO”. Since 2009, Ellomay Capital focuses its business in the renewable energy and power sectors in Europe, USA and Israel. To date, Ellomay has evaluated numerous opportunities and invested significant funds in the renewable, clean energy and natural resources industries in Israel, Italy, Spain, the Netherlands and Texas, USA, including: For more information about Ellomay, visit http://www.ellomay.com . Information Relating to Forward-Looking Statements This press release contains forward-looking statements that involve substantial risks and uncertainties, including statements that are based on the current expectations and assumptions of the Company’s management. All statements, other than statements of historical facts, included in this press release regarding the Company’s plans and objectives, expectations and assumptions of management are forward-looking statements. The use of certain words, including the words “estimate,” “project,” “intend,” “expect,” “believe” and similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company may not actually achieve the plans, intentions or expectations disclosed in the forward-looking statements and you should not place undue reliance on the Company’s forward-looking statements. Various important factors could cause actual results or events to differ materially from those that may be expressed or implied by the Company’s forward-looking statements, including changes in electricity prices and demand, continued war and hostilities in Israel, regulatory changes, including extension of current or approval of new rules and regulations increasing the operating expenses of manufacturers of renewable energy in Spain, increases in interest rates and inflation, changes in the supply and prices of resources required for the operation of the Company’s facilities (such as waste and natural gas) and in the price of oil, the impact of continued military conflict between Russia and Ukraine, technical and other disruptions in the operations or construction of the power plants owned by the Company and general market, political and economic conditions in the countries in which the Company operates, including Israel, Spain, Italy and the United States. These and other risks and uncertainties associated with the Company’s business are described in greater detail in the filings the Company makes from time to time with Securities and Exchange Commission, including its Annual Report on Form 20-F. The forward-looking statements are made as of this date and the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Contact: Kalia Rubenbach (Weintraub) CFO Tel: +972 (3) 797-1111 Email: hilai@ellomay.comArticle content Following the recent cancellation of the Positively Red Ball due to inclement weather, the Group Health Centre’s HIV and AIDS Resources Program (HARP) has rescheduled the event for Jan. 17 at The Grand Gardens. This ball will feature all the same details as initially planned, including appearances by Royal Guest of Honour Christine Decelles James, emcee Lana Von Archer and music by DJ Matt J. Dub. There will be an antipasto bar, specialty cocktails, a 50/50 draw, and awards for the best red-themed attire. Doors open at 7:30 p.m. The Positively Red Ball aims to raise awareness about the realities of living with HIV/AIDS while supporting the construction of the HIV/AIDS Memorial Wall at the Sault Ste. Marie Museum. “We are grateful for the community’s patience and understanding as we worked to set a new date for this important event,” said Roy Schuurhuis, HARP Healthy Sexuality and Prevention co-ordinator. “We’re excited to come together in January to celebrate, raise awareness, and support those impacted by HIV/AIDS.” Tickets purchased for the original Nov. 29 event are valid. For those unable to attend on Jan. 17, refunds are available. Contact the Sault Ste. Marie Museum directly at 705-759-7278 to arrange a refund. Tickets remain on sale for $85 and can be purchased online at saultmuseum.ca/positively-red-ball or through HARP. Limited tickets will also be available at the door for $90. Tables of 10 can still be reserved for $725 by calling 705-542-3417. “We can’t wait to welcome everyone in January for an unforgettable evening,” added Schuurhuis. “This is an opportunity to support a great cause and help build a sense of community while having a wonderful time.” For updates and further details, follow HARP on social media or visit saultmuseum.ca/positively-red-ball . Share this Story : Positively Red Ball rescheduled for mid-January Copy Link Email X Reddit Pinterest LinkedIn Tumblr

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Stock indexes drifted to a mixed finish on Wall Street as some heavyweight technology and communications sector stocks offset gains elsewhere in the market. The S&P 500 slipped less than 0.1% Thursday, its first loss after three straight gains. The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite fell 0.1%. Gains by retailers and health care stocks helped temper the losses. Trading volume was lighter than usual as U.S. markets reopened following the Christmas holiday. The Labor Department reported that U.S. applications for unemployment benefits held steady last week, though continuing claims rose to the highest level in three years. Treasury yields fell in the bond market. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. Stocks wavered on Wall Street in afternoon trading Thursday, as gains in tech companies and retailers helped temper losses elsewhere in the market. The S&P 500 was up less than 0.1% after drifting between small gains and losses. The benchmark index is coming off a three-day winning streak. The Dow Jones Industrial Average was up 10 points, or less than 0.1%, as of 3:20 p.m. Eastern time. The Nasdaq composite was up 0.1%. Trading volume was lighter than usual as U.S. markets reopened after the Christmas holiday. Chip company Broadcom rose 2.5%, Micron Technology was up 1.3% and Adobe gained 0.8%. While tech stocks overall were in the green, some heavyweights were a drag on the market. Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, slipped 0.1%. Meta Platforms fell 0.5%, Amazon was down 0.4%, and Netflix gave up 0.7%. Tesla was among the biggest decliners in the S&P 500, down 1.4%. Health care stocks helped lift the market. CVS Health rose 1.4% and Walgreens Boots Alliance rose 3.9% for the biggest gain among S&P 500 stocks. Several retailers also gained ground. Target rose 3.1%, Ross Stores added 1.8%, Best Buy was up 2.5% and Dollar Tree gained 3.6%. Traders are watching to see whether retailers have a strong holiday season. The day after Christmas traditionally ranks among the top 10 biggest shopping days of the year, as consumers go online or rush to stores to cash in gift cards and raid bargain bins. U.S.-listed shares in Honda and Nissan rose 4.2% and 15.9%, respectively. The Japanese automakers announced earlier this week that the two companies are in talks to combine. Traders got a labor market update. U.S. applications for unemployment benefits held steady last week , though continuing claims rose to the highest level in three years, the Labor Department reported. Treasury yields turned mostly lower in the bond market. The yield on the 10-year Treasury fell to 4.58% from 4.59% late Tuesday. Major European markets were closed, as well as Hong Kong, Australia, New Zealand and Indonesia. Trading was expected to be subdued this week with a thin slate of economic data on the calendar. Still, U.S. markets have historically gotten a boost at year’s end despite lower trading volumes. The last five trading days of each year, plus the first two in the new year, have brought an average gain of 1.3% since 1950. So far this month, the U.S. stock market has lost some of its gains since President-elect Donald Trump’s win on Election Day, which raised hopes for faster economic growth and more lax regulations that would boost corporate profits. Worries have risen that Trump’s preference for tariffs and other policies could lead to higher inflation , a bigger U.S. government debt and difficulties for global trade. Even so, the U.S. market remains on pace to deliver strong returns for 2024. The benchmark S&P 500 is up roughly 26% so far this year and remains near its most recent all-time high it set earlier this month — its latest of 57 record highs this year. Wall Street has several economic reports to look forward to next week, including updates on pending home sales and home prices, a report on U.S. construction spending and snapshots of manufacturing activity. AP Business Writers Elaine Kurtenbach and Matt Ott contributed.

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President-elect Donald Trump's repeated support for TikTok has sparked speculation about potential solutions to prevent the app's impending ban in the United States, though the path forward remains unclear. "We got to keep this sucker around for a little while," Trump told supporters on Sunday, just days after meeting with TikTok CEO Shou Zi Chew in Florida. Trump, who credits the wildly popular platform with delivering him a large young user base, opposes banning TikTok partly because he believes it would primarily benefit Meta, the Mark Zuckerberg-led company behind Instagram and Facebook. The situation is complex, according to University of Richmond School of Law professor Carl Tobias, given the various potential solutions and Trump's unpredictable nature. Congress overwhelmingly passed legislation, signed by President Joe Biden in April, that would block TikTok from US app stores and web hosting services unless Beijing-based ByteDance sells its stake by January 19. US officials and lawmakers grew wary of the potential for the Chinese government to influence ByteDance or access the data of TikTok's American users. Even with Trump's decisive election victory and incoming Republican-led Congress, acquiescing to the president-elect's desire and preventing the ban faces significant hurdles. The law enjoyed rare bipartisan support in a divided Washington, making its outright repeal through a vote in Congress politically unlikely even with Trump's influence over Republicans. The Supreme Court may offer the clearest path forward. TikTok has appealed to the nation's highest court, arguing the law violates First Amendment rights to free speech. The court, which is dominated by Trump-aligned conservatives, will hear the case on January 10, just nine days before the ban takes effect. This follows a lower appeals court's unanimous decision to uphold the law in December. Another possibility, according to Tobias, is that a Trump-led Department of Justice could determine ByteDance has addressed the law's national security concerns. However, such a move would likely be seen as caving to China by Congress and others. The final option is ByteDance selling to a non-Chinese buyer, though the company has consistently refused this possibility. With 170 million monthly active users, acquiring TikTok's US operations would require substantial resources. As president, Trump could extend the ban deadline by 90 days to facilitate a transaction. Few potential buyers have emerged, with major tech companies likely deterred by antitrust concerns. Former Trump Treasury secretary Steve Mnuchin, who runs a private equity fund backed by Japan's SoftBank Group and Abu Dhabi's Mubadala sovereign wealth fund, has expressed interest. During a recent event with Trump, SoftBank CEO Masayoshi Son pledged to invest $100 billion in the US economy, though specific investments weren't detailed. Other contenders include US real estate billionaire Frank McCourt, who aims to make social media safer through his Project Liberty organization. Elon Musk, given his proximity to Trump and ownership of X, could also have a role to play, as he has expressed plans to transform the text-focused platform into something more like TikTok. A senior Republican lawmaker recently suggested Trump might orchestrate a "deal of the century" satisfying both US concerns and ByteDance's interests. The chairman of the US House committee on China, John Moolenaar, told Fox News Digital that once ByteDance accepts it must comply with US law, the situation could progress rapidly. Any agreement would need Beijing's approval, with US-China relations expected to remain tense during Trump's upcoming term. This isn't the first attempt to resolve TikTok's US status. In 2020, Trump also threatened a ban unless ByteDance sold its US operations. While Oracle and Walmart reached a preliminary agreement with ByteDance for ownership stakes, legal challenges and the transition to the Biden administration prevented the deal's completion.

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DALLAS—The have decided to gamble on a former all-star while staying true to their obsession of acquiring elite defenders. General manager Ross Atkins pulled off his first big move of the off-season on Tuesday by acquiring second baseman Andres Gimenez and right-handed reliever Nick Sandlin from the Cleveland Guardians. Earlier in the day, he also brought back veteran . To get their hands on Gimenez, the Jays agreed to part with first baseman Spencer Horwitz and minor-league outfielder Nick Mitchell. The deal has yet to be officially announced, but the agreement was first reported by and the players involved have since been confirmed by The Star. “Everything about him was attractive,” Atkins said of Gimenez. “The work that we did on his bat and the offensive impact that can be there. We’ve heard incredible things about the person. The baserunner, adding that level of speed and athleticism, being here for a long time, all of that was very attractive to us. The elite defence speaks for itself.” Gimenez is two years removed from a career season. In 2022, he produced a .297 average and .837 on-base plus slugging percentage with 46 extra-base hits and 69 RBIs. The 26-year-old’s performance has since fallen off as he became a liability with the bat each of the last two years. Despite the lack of recent production, Gimenez is operating under the comfort of a long-term deal. He is signed through 2029 and there is a team option for 2030. The Venezuelan will earn $10.5 million (U.S.) each of the next two years before his salary skyrockets to more than $23 million annually from 2027-29. That’s a lot of money for a guy who is coming off a season in which he hit .252 with a .298 on-base percentage and a .638 OPS that was significantly below league average. Almost all the value he provided this season was on defence, where he possesses one of the game’s better gloves. In other words, he might be considered the Daulton Varsho of the infield. However, the Jays made this deal believing that Gimenez can tap into the upside he flashed earlier in his career after joining the Guardians as one of the main return pieces in the trade of all-star shortstop Francisco Lindor. “The contactability has been there, the grind in his at-bats has always been there,” Atkins said. “It’s more just getting to the exit velocity that he had two years ago. The movements he had before are different. There are things we potentially want to talk to him about to see if there are ways — I’m sure Cleveland was thinking about it — to help him.” Gimenez spent most of his career with the Guardians at second base and that’s the position he’ll have with the Jays. His arrival will that Cavan Biggio used to have. Wagner will see time at first, second, designated hitter and maybe occasionally third where Ernie Clement and Addison Barger are the current options. Sandlin will slot into a new-look Jays bullpen that also includes , Erik Swanson and Brendon Little. Garcia will soon be added into that mix, assuming he passes a physical, which is tentatively scheduled for later in the week. The 27-year-old Sandlin went 8-0 with a 3.75 ERA while striking out 68 batters across 57 2/3 innings. “His swing and miss is compelling,” Atkins said of Sandlin, who has a career 3.27 ERA in parts of four big-league season. “Extremely effective against right-handed hitters and has been a warrior for several years. A guy that came right to the big leagues right out of the draft and has handled himself well. He’s a good complement to our group.” To acquire Gimenez and Sandlin the Jays parted ways with Horwitz, who was coming off a breakout season. The former 24th-round pick of the 2019 MLB Draft but he was effective last season after getting an extended opportunity in Toronto. Horwitz hit .265 with 12 homers and 40 RBIs in 97 games this season. Horwitz’s rise was one of the few positives from an otherwise lost 2024 season for the Jays. Even with the success, he remained blocked at first base by for at least another year and the club , where he appeared in 39 games this year. The price in terms of players was entirely reasonable. The cost in dollars is a much bigger uncertainty considering Gimenez’s large contract. This will either turn out to be a steal or a financial overpay for a player who might have peaked too young. Considering the Jays lack offensive upside and already possess a slew of glove-first defenders, the second option seems more likely with Gimenez seemingly a redundant fit. Clearly, the front office feels otherwise as it continues to double down on its strategy of prioritizing run prevention above everything else.AP News Summary at 4:21 p.m. EST