Principal Financial Group Inc. lifted its holdings in Nu Holdings Ltd. ( NYSE:NU – Free Report ) by 315.8% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,153,464 shares of the company’s stock after purchasing an additional 876,039 shares during the quarter. Principal Financial Group Inc.’s holdings in NU were worth $15,745,000 as of its most recent filing with the SEC. A number of other large investors also recently modified their holdings of the business. Bank of New York Mellon Corp increased its stake in shares of NU by 33.9% during the second quarter. Bank of New York Mellon Corp now owns 5,832,111 shares of the company’s stock valued at $75,176,000 after acquiring an additional 1,476,325 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in NU by 64.4% during the second quarter. Allspring Global Investments Holdings LLC now owns 14,536 shares of the company’s stock worth $187,000 after acquiring an additional 5,695 shares during the period. Cambridge Investment Research Advisors Inc. raised its position in NU by 9.7% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 351,523 shares of the company’s stock worth $4,531,000 after acquiring an additional 31,096 shares in the last quarter. HB Wealth Management LLC acquired a new stake in NU during the second quarter valued at approximately $140,000. Finally, Crossmark Global Holdings Inc. boosted its holdings in NU by 1.4% during the second quarter. Crossmark Global Holdings Inc. now owns 161,018 shares of the company’s stock worth $2,076,000 after buying an additional 2,255 shares in the last quarter. 84.02% of the stock is owned by institutional investors and hedge funds. Analysts Set New Price Targets A number of equities analysts recently issued reports on NU shares. Bank of America lifted their target price on NU from $12.80 to $15.00 and gave the stock a “neutral” rating in a report on Thursday, September 12th. Citigroup lowered shares of NU from a “neutral” rating to a “sell” rating and cut their price target for the company from $14.60 to $11.00 in a report on Monday, December 2nd. KeyCorp lifted their price objective on shares of NU from $15.00 to $17.00 and gave the stock an “overweight” rating in a research report on Thursday, November 14th. Itau BBA Securities downgraded shares of NU from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 14th. Finally, Susquehanna upped their price target on shares of NU from $16.00 to $18.00 and gave the stock a “positive” rating in a research note on Thursday, November 14th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $15.63. NU Stock Down 0.3 % Shares of NU stock opened at $10.33 on Friday. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.20. The stock has a 50 day moving average price of $13.25 and a two-hundred day moving average price of $13.28. The stock has a market capitalization of $49.23 billion, a P/E ratio of 28.69, a PEG ratio of 0.59 and a beta of 0.99. Nu Holdings Ltd. has a 12-month low of $8.06 and a 12-month high of $16.15. About NU ( Free Report ) Nu Holdings Ltd. provides digital banking platform and digital financial services in Brazil, Mexico, Colombia, and internationally. It offers Nu credit and debit cards; Ultraviolet credit and debit cards; and mobile payment solutions for NuAccount customers to make and receive transfers, pay bills, and make everyday purchases through their mobile phones. Further Reading Want to see what other hedge funds are holding NU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Nu Holdings Ltd. ( NYSE:NU – Free Report ). Receive News & Ratings for NU Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NU and related companies with MarketBeat.com's FREE daily email newsletter .NEWCASTLE’S fine form came to a screeching halt as West Ham pulled one out of the bag to potentially save Julen Lopetegui’s job. Eddie Howe’s side could have climbed into the top six with a win over the struggling Hammers. 10 Tomas Soucek was on target as West Ham beat Newcastle 2-0 Credit: Getty 10 Aaron Wan-Bissaka also netted to bag the Hammers a much-needed win Credit: AFP But Tomas Soucek and Aaron Wan-Bissaka came up trumps to stun the Toon and earn a huge win for their under-pressure boss to lift them six points from safety. Toon started fast and Isak had the ball in the net after peeling off the last man and dinking it over Lukasz Fabianski only for an offside flag to ruin the party. But the Hammers knocked the stuffing right out of them in the tenth minute. Soucek was given the freedom of St. James’ as he escaped Lloyd Kelly, in for the suspended Dan Burn, and headed home Emerson Palmieri’s outswinging corner. READ MORE IN FOOTBALL SOUND OUT Forgotten ex-Newcastle star who swapped national teams now a RAPPER This was not part of the script, but it was just the start Spaniard Lopetegui had dreamed about. And he was kicking every ball in his technical area throughout an animated first half performance that led to him being booked for dissent by referee Craig Pawson. That was his third caution of the campaign and he’ll now have to serve a touchline ban and miss Arsenal’s visit on Saturday. Not that he cared one jot at the time as he continued to bark orders at his side while Toon could only muster a curling effort from Joe Willock that went wide. Most read in Football WRONG MOVE Joining Rangers was biggest mistake of my life - I could've played for Man Utd TICKED OFF McGinn's brief ultimatum for Villa v Celtic & prediction for Hoops v Club Brugge KEANE OBSERVER Sky Sports launch Roy Keane probe and ask Redknapp and co for statements VINDA-BLUES Gers greats from 9IAR era spotted at private meal with Helicopter Sunday heroes FOOTBALL FREE BETS AND SIGN UP DEALS It was all feeling rather flat from those in Black and White and it could have gotten even worse as the visitors nearly doubled their advantage when Carlos Soler, replacing Guido Rodriguez, shot round the post. Despite needing a new passport following his drama in the international break returning from Ghana, the tireless Michail Antonio was left requiring a shirt here. Meet West Ham wonderkid Kaelan Casey 10 10 After what seemed like his 100th tussle with the defence, he emerged with a huge rip right down the middle of his jersey, and he revelled in the minute or so it took for him to change it while the game was stopped. Longstaff headed straight at Fabianski while Lewis Hall’s drive and shot got the locals back off their seats. But both Anthony Gordon and Isak blew chances to go in level at the break. 10 Soucek headed West Ham into the lead against the run of play Credit: AFP 10 The goal galvanised the visitors as they grew in confidence Credit: Rex Match Stats The England winger capitalised on Jean-Clair Todibo’s poor clearance inside the area. However, his strike was saved by the leg of the Hammers goalie before the striker’s had an effort deflected wide. Harvey Barnes came on for Willock at the break and teed up Gordon to drag an effort off target. 10 Wan-Bissaka's second-half shot doubled West Ham's lead Credit: Alamy 10 The Hammers never looked back after going two goals up Credit: Getty Match Stats But any momentum was soon cut-short as West Ham doubled their lead eight minutes after the restart. Lucas Paqueta won the ball back and Jarrod Bowen broke and found Wan-Bissaka on the underlap, and the ex-Manchester United full-back took a touch before firing across goal and into the far corner. Pope then saved from Bowen as things threatened to get worse before Sandro Tonali and Jacob Murphy came on along with Callum Wilson, making his first appearance of the season after injury. Read more on the Scottish Sun 'DISAPPOINTED' Harry Potter steam train blasted by passengers who 'dreaded' return journey COLD BEERS SPFL side spotted going for a PINT after their bus got stuck in the snow But even that trio could not conjure up some magic for the Magpies, despite the returning forward being convinced he should have had a penalty when bundled over by Konstantinos Mavropanos. That leaves them sat in tenth, while Lopetegui lives to fight another day at West Ham. 10 Julen Lopetegui looked a relieved man after West Ham's solid performance Credit: Rex 10 Eddie Howe was disappointed to see Toon's winning run come to an end Credit: Getty
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In the early days of the Mexican republic, an army officer and sugar plantation owner from the east coast state of Vera Cruz was elected President. He soon tired of the job and left his vice-president, Valentín Gómez Farías, in charge. He did that three more times in the course of running for President seven times, leaving the day-to-day affairs of running the country to his vice president. Whenever Gómez Farías landed up in hot water, Santa Ana would return to the capital and take over. Sound familiar? Who died and made Elon Musk president? He sure wasn’t elected. He wasn’t even born here, a constitutional requirement for being elected. Did the November election give Trump a mandate to do whatever he wanted to do, including delegating the presidency to an immigrant? No, he’s utterly despised by almost half of the country; that’s not a mandate. And he can only afford to lose four votes in the House (218 to 212) and three (52 to 48) in the Senate. Thirty-four Republican Congressmen just voted against his bill that would have shut down the government before Christmas. If that was President Musk’s attempt to flex his muscles, he needs to hit the gym. If you ever imagined that Elon Musk, who has a net worth of $438 billion as of today, shares the views of educated Americans, his true colors are now shining through. He has backed the far-right Alternative for Germany party, causing alarm in Berlin. “Only the AfD can save Germany,” he wrote on X in a recent endorsement of European far-right parties. He has also supported Italian Prime Minister Giorgia Meloni and UK leader Nigel Farage. His attempt to push through a bill raising the debt ceiling before Biden’s Presidency ends was killed last week by a huge majority, supported by only 38 Republican Congressmen. Trump needs the debt ceiling raised in order to pass the massive tax reduction for the rich that he plans on doing early in his administration. Apparently, if the debt ceiling is raised by Biden, the most ignorant voters will assume that this gift to the one percent is bipartisan. It’s not. Potential conflicts of interest abound. Musk holds more than $15 billion in federal contracts, mainly through his SpaceX rocket company that NASSA has come to rely on. The Pentagon also depends on Musk for Starlink satellite services, which are critical for U.S. military operations around the world. His Tesla vehicles, which make up almost 50 percent of all EV sales in this country, are largely manufactured in China. China even offered him a green card during one visit with President Xi. President Musk spent $277 million helping Trump get elected, and has offered to spend more of his own money to oppose anyone who threatens his legislative agenda in the mid-term primary elections. He was the only donor to RBG PAC, giving more than $20 million to run ads implying that the PAC represented Ruth Bader Ginsberg and that she had opposed Roe v. Wade, a claim that Ginsberg’s granddaughter vociferously denied, saying that the PAC was “an affront to her grandmother’s legacy” that was “nothing short of appalling.” He’s not ashamed to buy elections; it’s what he does. Why has Trump given Elon Musk such a high-profile role in his government? He doesn’t actually have a role at this point. His “Department of Government Efficiency,” or DOGE (the acronym, which harkens back to the Doge - Italian for Duke - of Venice) doesn’t yet exist, and might not even be created if Musk falls further from favor before the Inauguration. And how many of his own employees is he likely to fire in the name of efficiency in the process of causing his competitors to fire their employees? The putative reason for such a department is to get rid of “inefficient” government programs in order to save money. The actual reason is to kill progressive programs that use taxes paid by the rich to help poor people, which is the one percent’s definition of socialism. Wealthy Americans aren’t opposed to spending so much as they’re opposed to paying . Get rid of progressive government programs and you can get rid of the higher tax rates that the wealthiest citizens pay. Eliminate Social Security and Medicare, and you eliminate the need for almost half of the federal budget. If you’re rich, you won’t die, live with chronic illness, or go hungry if those programs are eliminated. And if you don’t care about those who will, it’s no skin off your behind. The Party Of No has other cost savings in store for you: Kash Patel, named to head the FBI, has said that he intends to close the FBI and turn it into a museum; Robert Kennedy Jr, who will be in charge of medical programs including vaccinations, wants to do away with vaccinations; Dr. Mehmet Oz would oversee a budget of more than $1 trillion covering more than 150 million Americans, including the implementation of the Affordable Care Act, drug price negotiations, and decisions regarding medical insurance coverage; Doug Bergum’s decisions as head of the Department of the Interior would increase oil and gas drilling on public land (the cost of externalities associated with oil and gas production is well documented, but is universally denied by the petrochemical industry); and by passing classified military information to the Russians, Tulsi Gabbard could save us a fortune by helping Russia complete their takeover of Ukraine. Some Republicans (Rand Paul and Marjorie Taylor-Green) have suggested that Musk should replace Mike Johnson as Speaker of the House. The Speaker isn't required to be an elected Congressman, although normally he is. But there's nothing normal about our times. That would create an endless stream of conflicts of interest; but Trump weathered many conflicts of interest during his first presidency, and all of them were promptly forgotten. Seriously, how did this happen? How did we get a government so infested with people who are in no way qualified to do their jobs? We got it by having a man who only wanted the Presidency in order to stay out of jail, who didn’t even want the job, and who certainly didn’t have the knowledge, temperament or skills to be President. We elected a psychopathic con man to run the country, and he has delegated it before even bothering to take the oath of office. We got it by allowing liars to lie, voters who believe lies to vote, and billionaires to buy elections. And unless we fix all three problems, we’ll continue to get incompetence in government; and not just Americans, but the whole world, will pay the price. Les Pinter lives in Springville.Diddy is 'Trying to Stay Positive' Ahead of First Christmas in Jail
Waukegan residents got an early Christmas present — the possibility of getting rid of coal leftovers in their yule stockings. In a terse message, the U.S. Supreme Court ruled last week companies have to eliminate coal ash pits from decommissioned properties. The High Court’s one-sentence decision allows the federal Environmental Protection Agency to enforce its law requiring coal-fired generating plants to dispose of what is considered toxic: Coal ash pits, which contain the byproducts of making electricity. Various power companies across the nation have fought the EPA rule and perhaps will continue to do so in the courts or seek relief from the incoming Trump administration. One of them was the Eastern Kentucky Power Cooperative, which asked federal courts to stay enforcement of the EPA rule while its lawsuit against the anti-pollution agency weaves through the judicial process. The Supreme Court’s one-sentence decision gives the EPA the enforcement tool while court action continues, according to Steve Sadin’s page-one News-Sun story of Dec. 18. The pre-Christmas ruling affects the two coal-ash pits located yards from Lake Michigan along Waukegan’s shoreline on the site of the sprawling former ComEd Generating Station now owned by Houston-based NRG Energy, which has been turned into a “peaker plant” used only to produce electricity when demand is high to avoid power shortages. Cleaning up the two nasty-looking pits has been in limbo since 2015 when the EPA issued its first directive governing coal ash. It left a loophole — leaving unregulated those unlined ponds and landfills that stopped receiving coal fly and bottom ash before 2015 — large enough for companies to exploit. The agency’s new rule sought to make up for the previous oversight. This is not just a Waukegan problem. The “ponds” are yards away from the main source of drinking water for much of Lake County, indeed the Chicago region. Ponds are usually associated with idyllic swimming holes — with a few panfish, amphibians and algae — but the two NRG ash “ponds” are filled with hazardous materials. There are an estimated 1,000 operating ash ponds in the U.S., with the EPA saying coal ash is one of the country’s largest types of generated industrial waste. Waukegan certainly has had enough of its share of industrial waste and remaining pollutants from its legacy industries along the lakeshore. It doesn’t need more, or the possibility down the stretch of another EPA Superfund in the city. Some may remember the December 2008 catastrophic failure of ash ponds at a Tennessee Valley Authority power plant in the eastern part of the state. In that instance, a dike ruptured releasing 1.1 billion gallons of contaminated sludge composed of fly ash slurry which flowed into nearby waterways. At the time, it was the largest industrial spill in the nation, and an environmental and economic nightmare in Tennessee. It cost the TVA some $1 billion to clean up after pollution fouled rivers in the area and destroyed dozens of homes. That is why Waukegan and state officials are leery of NRG’s plans. Especially since the Illinois Pollution Control Board found in 2019 that NRG was responsible for groundwater contamination. The plans offered by the company include removing the west coal ash pond tailings from the site and just cap the one to the east, the one closest to Lake Michigan. NRG’s proposal is to keep the coal ash static and buried beneath the cover of artificial turf. At that point, the land would become “passive open space.” Environmental groups, city and state officials have long prodded NRG for total remediation of both ponds which would entail draining them, removing all the environmentally hazardous materials from them, trucking the ash out and covering the pits. The EPA says coal ash contains deadly contaminants like mercury, cadmium and arsenic. The contaminants can pollute waterways and groundwater if proper protocols are not followed, the agency notes. Ironically, just to the north in Zion, radioactive nuclear waste was trucked and removed via trains when the retired ComEd nuclear plant, also along the Lake Michigan shoreline, closed in 1998. Seems they could do the same with the existing Canadian National spur line which leads to the power plant and was used by freight trains bringing mega-tons of coal into the generating station over the decades. Maybe by this time next holiday season, there will be a solid plan in place to deal with the environmental issue at the NRG site. That should include the total drainage and removal of all pollutants in order to protect future city residents and Lake Michigan. Charles Selle is a former News-Sun reporter, political editor and editor. sellenews@gmail.com X: @sellenews
Black Friday brings some great deals on advent calendars, and with December approaching, now's the perfect time to grab one. Whether you're shopping for kids, pets or yourself, these calendars offer more exciting surprises than your typical chocolate-behind-a-door option. I've rounded up calendars that bring something different to the countdown experience. From LEGO builds to daily tea tastings, these picks make the wait until Christmas more fun. Here are my favorite options, all offering good value for their unique contents. Quick links Best advent calendar dealsOpenAI whistleblower found dead in San Francisco apartment
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Hitachi Rail invests in cutting edge CBTC signalling technology. Train passes through tunnel using digital signalling Hitachi Rail aims to develop a new generation of its CBTC technology, SelTracTM (G9), which will integrate artificial intelligence (AI), 5G communications, edge and cloud computing. The next generation system will offer transit operators worldwide lower costs, minimized carbon footprint and enhanced passenger experience. The investment includes the expansion of Hitachi Rail's workforce in Toronto, Ontario, creating 100 new jobs and retaining 1,000 highly skilled positions in its York Mills office, including R&D and engineering roles. "The over $100 million investment in the next generation of our world-leading SelTracTM technology is hugely exciting - and we are grateful to the Government of Ontario and Invest Ontario for their support,” said Ziad Rizk, Managing Director, Urban Rail Signalling, Hitachi Rail . "By integrating AI, 5G, edge and cloud computing, our system will allow urban rail transportation operators around the globe to improve passenger journeys and operate more efficiently. This Ontario-invented technology is a Canadian success story that is creating jobs and boosting economic growth.” CBTC is a modern urban signalling system that uses wireless communication between trains and infrastructure to operate urban transit and subway systems more efficiently and safely than conventional signalling. SelTracTM, invented in Ontario, is the world's first moving block CBTC signalling system, currently operating in more than 100 lines in 40 major cities around the world including the O-Train in Ottawa. Ontario, home to one of the largest tech clusters in North America, is renowned for its strength in AI, automation and connectivity technologies. The province's expertise in smart mobility, combined with Hitachi Rail's global competence centre, makes Ontario the natural place to develop next-generation digital solutions for urban rail and metros. "As one of the largest and most sought-after tech hubs in North America, Ontario is driving the development of next-generation technologies that will strengthen economic growth across key sectors, including automation and transportation,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade . "Through Invest Ontario, we are proud to support Hitachi Rail's expansion in Toronto and thank them for choosing our province as the ideal place for their continued growth and success.” The company's York Mills office in Toronto serves as its engineering centre of excellence, equipped with state-of-the-art facilities including labs, testing areas, and simulation environments. This expansion adds to Hitachi Rail's growing presence in Canada that includes around 1,200 employees across the country, who are delivering and maintaining major transit projects in Toronto, Vancouver, Montreal and Ottawa. Toronto is home to the company's international urban transit signalling technology business, as well as large program teams based downtown and Mississauga that are delivering major new transit infrastructure, like the Ontario Line and Hurontario. "Under the leadership of Premier Ford, our government is investing $70 billion in the largest transit expansion in North America, connecting millions more Ontarians to reliable and affordable public transit. Today's announcement means Hitachi Rail will be helping even more workers gain the critical expertise needed to deliver Ontario's generational projects,” said Prabmeet Sarkaria, Minister of Transportation . "Hitachi Rail's investment is a testament to Ontario's strengths in future technologies that are transforming industries from manufacturing to transportation. We are excited to support the company in advancing a made-in-Ontario technology that keeps cities around the world on the move,” said Jennifer Block, Interim CEO of Invest Ontario . In support of this investment, Ontario is providing $4.5 million in funding through the Invest Ontario Fund . Contact: Adam Love, Hitachi Rail on +1 (437) 234 4024, [email protected] Notes to the editors: Hitachi Rail invented moving block CBTC technology in 1974 in Toronto with the support of the Ontario government. Since then, it has evolved into the world's leading technology for urban rail and transit systems. The investment in G9 coincides with the 50 th anniversary of the invention of the original technology. We have deployed CBTC technology in Ottawa, Montreal, London, Hong Kong, Doha, New York, Chile, Malaysia, Saudi Arabia, Turkey and the UAE in the past 10 years. About Hitachi Rail Hitachi Rail is committed to driving the sustainable mobility transition and has a clear focus on partnering with customers to rethink mobility. Its mission is to help every passenger, customer and community enjoy the benefits of more connected, seamless and sustainable transport. With revenues of over €7bn and 24,000 employees across more than 50 countries, Hitachi Rail is a trusted partner to the world's best transport organisations. The company's reach is global, but the business is local - with success built on developing local talent and investing in people and communities. Its international capabilities and expertise span every part of the urban, mainline and freight rail ecosystems - from high quality manufacturing and maintenance of rolling stock to secure digital signalling, smart operations and payment systems. Hitachi Rail, famous for Japan's iconic high speed bullet train, draws on the digital and AI expertise of Hitachi Group companies to accelerate innovation and develop new technologies. Hitachi Group is present in 140 countries with over 270,000 employees and global revenues of €54.55bn / ¥8,564 bn. For more information, visit hitachirail.com . A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b33bb2d6-81f0-4e40-9dd0-f3e21c70080eNone
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