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UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Capri Holdings Limited ( NYSE:CPRI – Free Report ) by 76.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 321,834 shares of the company’s stock after acquiring an additional 139,063 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.27% of Capri worth $13,659,000 as of its most recent SEC filing. Other large investors have also modified their holdings of the company. Blair William & Co. IL grew its stake in shares of Capri by 5.8% during the 2nd quarter. Blair William & Co. IL now owns 6,362 shares of the company’s stock valued at $210,000 after buying an additional 350 shares during the period. Signaturefd LLC grew its stake in shares of Capri by 14.7% during the 2nd quarter. Signaturefd LLC now owns 2,734 shares of the company’s stock valued at $90,000 after buying an additional 351 shares during the period. Avior Wealth Management LLC grew its stake in shares of Capri by 15.2% during the 3rd quarter. Avior Wealth Management LLC now owns 4,033 shares of the company’s stock valued at $171,000 after buying an additional 533 shares during the period. CWM LLC grew its stake in shares of Capri by 35.2% during the 2nd quarter. CWM LLC now owns 2,452 shares of the company’s stock valued at $81,000 after buying an additional 638 shares during the period. Finally, KBC Group NV raised its stake in shares of Capri by 26.9% in the 3rd quarter. KBC Group NV now owns 3,074 shares of the company’s stock valued at $130,000 after acquiring an additional 652 shares during the period. 84.34% of the stock is currently owned by hedge funds and other institutional investors. Capri Trading Up 1.4 % CPRI opened at $22.29 on Friday. Capri Holdings Limited has a 12-month low of $18.70 and a 12-month high of $51.23. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.93 and a quick ratio of 0.38. The stock has a market capitalization of $2.63 billion, a PE ratio of -7.28, a P/E/G ratio of 4.90 and a beta of 2.05. The firm’s fifty day moving average price is $29.28 and its 200 day moving average price is $32.61. Wall Street Analyst Weigh In Read Our Latest Stock Report on Capri About Capri ( Free Report ) Capri Holdings Limited designs, markets, distributes, and retails branded women's and men's apparel, footwear, and accessories in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia. It operates through three segments: Versace, Jimmy Choo, and Michael Kors. The company offers ready-to-wear, accessories, footwear, handbags, scarves and belts, small leather goods, eyewear, watches, jewelry, fragrances, and home furnishings through a distribution network, including boutiques, department, and specialty stores, as well as through e-commerce sites. Recommended Stories Want to see what other hedge funds are holding CPRI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capri Holdings Limited ( NYSE:CPRI – Free Report ). Receive News & Ratings for Capri Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capri and related companies with MarketBeat.com's FREE daily email newsletter .
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Tatum 'proud of Hawks' growth' after breakthrough Melbourne United winBATTLE CREEK — Different year. Same result. The Traverse City St. Francis Gladiators made it back to the Division 3 volleyball state championship final at Battle Creek’s Kellogg Arena for the second straight year. And they left as the runner-up for the second straight year. Monroe St. Mary Catholic Central swept the Gladiators in Saturday’s title bout, winning by a 25-21, 25-20 and 25-15 final that broke the hearts of the St. Francis players, coaches and fans once again. “We’re second in the state. There’s nothing to be ashamed of,” St. Francis head coach Kathleen Nance said. “St. Mary’s played better than we did today. They earned that first-place spot, and we earned second. We were the last two standing. What’s to be ashamed about?” The Gladiators (35-13-3) fought back to tie the first set at 18-18, but the Kestrels (30-4-2) rattled off five consecutive points to take control in the waning moments. St. Francis got to within three at 24-21, but a service error into the net gave St. Mary the 1-0 lead. Riding the momentum, St. Mary quickly jumped out to a 4-0 advantage and maintained control through most of the second set, leading 7-1, 11-4, 18-11 and 21-14 before the Gladiators rallied back to get within three at 22-19. That rally ended as another St. Francis service error into the net gave the Kestrels the set win and a 2-0 lead. With their season on the line, St. Francis came out strong in the third set and grabbed a 2-0 lead. But St. Mary tied it quickly at 2-2 before getting some distance from St. Francis at 9-4. The Gladiators never got back to within striking distance the rest of the way, falling by 10 points in the final set. “St. Mary’s is just an amazing team. They’ve got great ball control. They’ve got great hitters,” Nance said. “We just weren’t able to have an answer for that today.” With her squad down 24-15 in the final set, senior libero Avery Nance pulled her team together and — even with the outcome all but settled — let her fellow Gladiators know how much they mean to her. “I told them that I loved them and that I was proud of them,” she said. “Let’s go out fighting for that last point because that’s who we are. We’re a gritty team, so let’s make it a gritty point. No matter what happens, I love them and we’re going to go out together as a team.” Quinn Yenshaw led the Gladiator attack with 12 kills followed by Lola Brown with eight, Reese Muma with six, Landry Fouch with four, Harper Nausadis with three, and Reese Jones with one. “I’m just grateful for what we’ve accomplished these last two years,” Yenshaw said. “We are so close as a team and love each other so much. ... I’m going to miss the girls who are leaving, but I know we’ll keep the legacy going and keep Gladiator volleyball strong.” Jones was tops in aces with two and in assists with 14 as Avery Nance pitched in with seven assists and Tessah Konas had six helpers. On defense against the high-powered Kestrels, Nance led in digs with 14 followed by Fouch with nine, Yenshaw with eight, Jones with seven, Grace Mason with six, Coco Miller with five, and Nausadis with three. “I feel like we were a little underestimated this year,” Coach Nance said. “This was our only loss to a D3 team this season — this loss today. I don’t think we’ll be underestimated anymore.” The lone D3 loss ends the high school volleyball careers of four senior Gladiators — Avery Nance, Landry Fouch, Tessah Konas and Grace Mason. “No one wants to lose, especially for those that this is their last time to play,” Coach Nance said. “No one wants that, but I’m proud of everything we accomplished this year.” St. Francis brings back a wealth of talent with Jones, Muma, Yenshaw, Brown, Miller, Nausadis and Aubrey Lesinski to go along with a strong JV program and promising stars at the middle-school level, giving the Gladiators a long window to remain contenders. “I want St. Francis volleyball to continue to be an amazing program. There’s so much talent we’re still going to have and so much talent that nobody even got to see today,” Coach Nance said. “We’re going to get there.” Nausadis believes that as well. “Obviously it sucks to lose, but we’re all really proud of each other,” Nausadis said. “This is a huge accomplishment just to make it here. It’s hard to see it right now, but there’s a lot to be proud of. We wanted to win it, but we did this for each other and proved we can make it back.” Nausadis hopes the Gladiators can make it back in 2025. “It will be a different team next year, but we’re going to work as hard as we can,” she said. “We’re going to do our best.”Brazil's top court takes on regulation of social mediaPune, Dec. 08, 2024 (GLOBE NEWSWIRE) -- Cyber Insurance Market Size Analysis: “ The SNS Insider report indicates that the Cyber Insurance Market size was valued at USD 15.3 billion in 2023 and is expected to grow to USD 97.3 billion by 2032, expanding at a CAGR of 22.8% over the forecast period of 2024-2032. ” The Cyber Insurance Market is growing significantly, owing to the complexity and numbers of cyberattacks taking place and the need for local businesses to protect themselves from financial harm in this digital age. With the ongoing digital transformation of organizations, they become more susceptible to threats like ransomware, phishing, and data breaches, thus increasing the need for end-to-end cybersecurity solutions. One of the stronger drivers behind this growth is the more restricting regulatory environment, like the General Data Protection Regulation (GDPR) in Europe which is forcing businesses to implement increased levels of cyber protection, and cyber insurance. The International Risk Management Institute (IRMI) reported that more than 60% of organizations with 500 or more employees have cyber insurance policies, an industry-wide growth trend in the adoption of such products. Secondly, the spike in targeted cyberattacks on essential infrastructure sectors ranging from healthcare and finance to energy has prompted insurers to develop sector-specific coverages for these sectors are considered high-risk. According to Aon's State of Cyber Security 2024 survey, 40% of healthcare organizations experienced an increase in cyber insurance claims during 2021, driven by ransomware attacks that both disrupted operations and threatened patient data. The market is also driven by advancing technology. Artificial intelligence (AI) and machine learning will give insurers the ability to better evaluate risks and support dynamic pricing models. It has allowed companies to track live cybersecurity risks which, in turn, has provided them intelligence to make more informed coverage decision-making. 80%+ cyber insurance has adopted AI in 2024 according to Cyber Insurance Insights — automating risk and claims handling by cyber insurance providers Additionally, the increasing adoption of cloud computing and the Internet of Things (IoT) is also propelling the market. The need to secure interconnected systems is becoming more urgent, while demand for cyber insurance products is rapidly growing as businesses increasingly depend on them. According to a report from the Global Data Protection Regulation Survey, 70% of those small and medium-sized enterprises (SMEs) who experienced data breaches in 2023 would have not fully recovered without additional coverage provided by cyber insurance policies. Get a Sample Report of Cyber Insurance Market @ https://www.snsinsider.com/sample-request/1268 Major Players Analysis Listed in this Report are: Allianz (Allianz Cyber Protect) American International Group, Inc. (AIG) (CyberEdge) Aon plc (Cyber Solutions) AXA (AXA Cyber Secure) Berkshire Hathaway Inc. (Cyber Liability Insurance) Lloyd’s of London Ltd. (Cyber Cover) Lockton Companies, Inc. (Lockton Cyber Risk Solutions) Munich Re (Cyber Re) The Chubb Corporation (Cyber Enterprise Risk Management) Zurich (Security and Privacy Protection) Beazley plc (Beazley Breach Response) CNA Financial Corporation (CNA CyberPrep) Travelers Companies, Inc. (CyberRisk) Hiscox Ltd. (Hiscox CyberClear) Liberty Mutual Insurance (Liberty Cyber Suite) Sompo International (Cyber Solutions Plus) Tokio Marine HCC (NetGuard Plus) Hartford Steam Boiler (HSB) (HSB Total CyberTM) QBE Insurance Group (Cyber Event Protection) Argo Group (Argo Cyber Suite) Cyber Insurance Market Report Scope: Do you have any specific queries or need any customization research on Cyber Insurance Market, Make an Enquiry Now@ https://www.snsinsider.com/enquiry/1268 Segmentation Analysis By Coverage Type In 2023, the first-party coverage segment counts for a market share of around 56%, leading the market. First-party insurance applies to accidents where the insured is directly involved. This enables businesses to get covered in financial assistance and, consequently, lessen the impact of data breaches or cyber warfare. First-Party–This segment is also anticipated to grow having a surge in online thievery, hacking occurrences, extortion, and data obliteration. The liability/third-party coverage segment is expected to be the fastest-growing segment during the forecast period. Liability insurance is being increasingly popular as it is now the key part of Enterprise risk management programs designed to shelter enterprises from a network protection failure. This liability coverage is customized for the needs of commercial clients. Additional coverages include: losses due to business interruption; costs associated with data breach and restoration; forensic assistance defending claims from third parties; and coverages not found in typical general liability policies. Therefore, numerous businesses dealing with sensitive information belonging to customers are selecting different protections with the help of third-party insurance policies. Cyber Insurance Market Segmentation: By Insurance Type Standalone Tailored By Coverage Type First-Party Liability Coverage By Enterprise Size SMEs Large Enterprise By End-User Healthcare Retail BFSI IT & Telecom Manufacturing Others Buy an Enterprise-User PDF of Cyber Insurance Market Analysis & Outlook 2024-2032@ https://www.snsinsider.com/checkout/1268 Regional Landscape North America dominated the Cyber Insurance Market and represented a significant revenue share in 2023, The main reasons for this are the increasing number of cyberattacks and the regulations in the field of data protection — the General Data Protection Regulation (GDPR) and industry standards in finance and health. Single-handedly, the U.S. takes dominance in the market as an unrelenting bid to minimize financial losses from data breaches and ransomware attacks. Continued digital transformation in verticals such as healthcare, finance, and energy, underpins this growth APAC is anticipated to witness the highest CAGR during the forecast period. Some of the factors driving this include fast digitalization, a rise in awareness regarding cybersecurity risks, and an increase in cyber threats associated with developing nations such as India and China. With increasing data protection regulations and the growing prevalence of cybercrimes, businesses here are starting to take up cyber insurance. The APAC market will continue to grow as countries push the development of digital infrastructure and other SMEs are becoming aware of the importance of cyber insurance. Recent Developments April 2024: Zurich Insurance has launched a new cyber insurance policy tailored for small and medium-sized enterprises (SMEs). This policy includes coverage for ransomware attacks, data breaches, and business interruption, addressing the growing demand for affordable cyber risk management solutions for SMEs. May 2024: American International Group (AIG) announced the expansion of its cyber insurance offerings with enhanced coverage options, including cybercrime and business interruption caused by cyberattacks. This expansion is designed to cater to the increased complexity of cyber risks faced by businesses globally. Table of Contents – Major Key Points 1. Introduction 2. Executive Summary 3. Research Methodology 4. Market Dynamics Impact Analysis 5. Statistical Insights and Trends Reporting 6. Competitive Landscape 7. Cyber Insurance Market Segmentation, By Insurance Type 8. Cyber Insurance Market Segmentation, By Coverage Type 9. Cyber Insurance Market Segmentation, By Enterprise Size 10. Cyber Insurance Market Segmentation, By End-User 11. Regional Analysis 12. Company Profiles 13. Use Cases and Best Practices 14. Conclusion Access Complete Report Details of Cyber Insurance Market Analysis Report 2024-2032@ https://www.snsinsider.com/reports/cyber-insurance-market-1268 [For more information or need any customization research mail us at info@snsinsider.com] SNS Insider Offering/ Consulting Services: Go To Market Assessment Service Total Addressable Market (TAM) Assessment Competitive Benchmarking and Market Share Gain About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.
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Traffic citations issued to Miami Dolphins star wide receiver Tyreek Hill after a September altercation with police have been dismissed after the charging officers didn't attend a court hearing. Hill's tickets for careless driving and failing to wear a seat belt were dismissed after the Miami-Dade Police officers failed to show up for a Monday hearing. The tickets were issued after Hill was stopped outside Hard Rock Stadium for allegedly speeding before the Dolphins' season opener on Sept. 8. The stop escalated and an officer pulled Hill from the car, forced him to the ground and handcuffed him. Hill said in a Tuesday post on the social platform X, “Where all the internet cops now”. The Miami-Dade Police said the officers' failure to appear was “an oversight” and “the matter will be handled administratively.” Still, the department defended issuing Hill the tickets. RELATED STORY | 'Still shell-shocked': Tyreek Hill opens up about being detained before NFL game “A citation dismissed due to this reason does not indicate that the citation held no merit,” the agency said in a statement. Police body camera video from the September stop showed Hill appeared to speed past two motorcycle officers who were monitoring traffic on a road outside the stadium. They pulled over his McLaren sports car and one tapped on his window. Hill, 30, handed the officer his driver's license, but told the officer repeatedly, “Don’t knock on my window like that." He then put his window back up. Their verbal exchange escalated and the officers soon pulled him from the car, forcing Hill face-first to the ground. The officers cursed at Hill but he did not resist their physical force or strike at them in the video. He did tell one officer, “Don’t tell me what to do.” Hill was eventually stood up, but then an officer dragged him into a sitting position on the curb after he said a knee injury made that difficult. After about 30 minutes, Hill was issued citations and allowed to enter the stadium. One officer was placed on administrative duty and an internal affairs investigation was launched. No results have been released.
Brain drain: top mathematician says Chinese scientists have no choice but to leave USAuto parts giant LKQ says cyberattack disrupted Canadian business unit● The Greater Stouffville Chamber of Commerce has inducted inaugural members of the new Greater Stouffville Business Hall of Fame. ● The initiative recognizes local pioneers who have played pivotal roles in shaping Stouffville’s business community. ● 2024 honourees include Marvin, Keith, and the late Ken Betz of Betz Pools; Percy and the late Harry and Wesley Schell of Schell Lumber; Graydon Card of Card’s Appliances; Jay Reesor of Reesor’s Market; and sisters Patti Thompson, Debbi Conzelmann, Robin Kelly, and Jackie Fisher of King Cole Ducks. ● To honour the inductees, the Town of Whitchurch-Stouffville will create a commemorative wall at Town Hall in 2025. ● A celebratory dinner hosted by the Chamber on Nov. 26 introduced the Hall of Fame members and highlighted their contributions to Stouffville. “The Greater Stouffville Business Hall of Fame was created to recognize the trailblazers who helped shape Stouffville’s business landscape,” Chamber President David Elie said in his opening remarks. “It serves as a testament to the enduring impact of leadership, vision, and hard work, celebrates the spirit of entrepreneurship, and drives the community forward.” The event drew more than 230 attendees, including Mayor Iain Lovatt, Markham Mayor Frank Scarpitti, York Region Chairman Wayne Emmerson, Stouffville’s Ward Councillors, and senior Town Staff, as well as local business owners and residents. Lovatt, Scarpitti, and Emmerson joined Chamber board members to introduce the Hall of Fame inductees. “Stouffville has been incorporated for 147 years, and in that time there have been significant businesses established that have become foundational to our local identity,” Lovatt told Bullet Point News. “The inaugural inductees to the Business Hall of Fame are and will continue to be synonymous with Stouffville, and I was proud to play a small role in honouring them last evening.” Marvin and Keith Betz of Betz Pools, alongside their late father Ken, were inducted for their regional and international successes in pool construction and custom backyard design. The company was founded by Ken in 1945 after a client’s request for a custom pool during a home-building project, and they were recognized for their efforts in hiring locally whenever possible. Graydon Card was honoured for his customer-focused approach through nearly six decades as owner of Card’s Appliances, a family business established in 1968. Originally a hardware store, the business transitioned its focus to appliances in 1994 and has become a community fixture. Now 84, Card is a founding member of the Whitchurch-Stouffville Chamber of Commerce and remains active in the business, which is now run by the next generation of the Card family. Jay Reesor, a prominent figure in the Markham and Stouffville communities, was recognized for his contributions to local agriculture and business. Building on his family’s farming legacy dating back to 1804, Reesor founded Reesor’s Farm Market and Reesor’s Market & Bakery. He began his career in 1984 and has recently passed the business to younger members of the Reesor family. Percy and the late Harry and Wesley Schell were welcomed to the Hall of Fame for their contributions to Stouffville through Schell Lumber, originally founded in 1922 as the Stouffville Planing Mill. Now operated by the fourth generation, the business has been instrumental in home construction throughout the community and is well known for supporting local sports teams and events. Sisters Patti Thompson, Debbi Conzelmann, Robin Kelly, and Jackie Fisher, granddaughters of King Cole Ducks Ltd. founder James Murby, were awarded their place for growing the family business into Canada’s largest producer of duck products. Processing approximately 2.5 million ducks annually, the company has earned accolades for its sustainable agricultural practices, environmental efforts, and global reach, as well as their downstream production of compost. Nominations and selections for the Hall of Fame were made by the Greater Stouffville Chamber’s board of directors and staff through community consultation. The Town of Whitchurch-Stouffville has also offered a wall in the Municipal Offices building to recognize Hall of Fame members. “I’m excited to announce that we have a permanent home for the Hall of Fame in the new year,” said Christian Buhagiar, the Chamber’s Executive Director. ““Our inaugural inductees, along with all of our future inductees, will be showcased and honoured right outside Council Chambers. So our business community can make sure it keeps an eye on Council, as well,” he joked. The dinner also marked the Chamber’s formal rebranding announcement. Formerly known as the Whitchurch-Stouffville Chamber of Commerce, the Greater Stouffville Chamber now boasts a membership of approximately 400 businesses and organizations. Its updated identity is meant to reflect its growing place within the region’s business community. “This new identity will serve as a beacon for the collaborative spirit we strive to represent,” Buhagiar said. “It captures the spirit and ambition of the Chamber and our community and aligns with our mission to unlock greatness and shine a spotlight on all the potential that lies within the greater Stouffville region.”
Jared McCain says he’s NBA Rookie of the Year just 15 games into the seasonA 7-year-old rivalry between tech leaders Elon Musk and Sam Altman over who should run OpenAI and prevent an artificial intelligence "dictatorship" is now heading to a federal judge as Musk seeks to halt the ChatGPT maker's ongoing shift into a for-profit company. Musk, an early OpenAI investor and board member, sued the artificial intelligence company earlier this year alleging it had betrayed its founding aims as a nonprofit research lab benefiting the public good rather than pursuing profits. Musk has since escalated the dispute, adding new claims and asking for a court order that would stop OpenAI’s plans to convert itself into a for-profit business more fully. The world's richest man, whose companies include Tesla, SpaceX and social media platform X, last year started his own rival AI company, xAI. Musk says it faces unfair competition from OpenAI and its close business partner Microsoft, which has supplied the huge computing resources needed to build AI systems such as ChatGPT. “OpenAI and Microsoft together exploiting Musk’s donations so they can build a for-profit monopoly, one now specifically targeting xAI, is just too much,” says Musk's filing that alleges the companies are violating the terms of Musk’s foundational contributions to the charity. OpenAI filed a response Friday opposing Musk’s requested order, saying it would “debilitate OpenAI’s business” and mission to the advantage of Musk and his own AI company and is based on “far-fetched” legal claims. A hearing is set for January before U.S. District Judge Yvonne Gonzalez Rogers in Oakland, California. At the heart of the dispute is a 2017 internal power struggle at the fledgling startup that led to Altman becoming OpenAI's CEO. Musk also sought to be CEO and in an email outlined a plan where he would “unequivocally have initial control of the company” but said that would be temporary. He grew frustrated after two other OpenAI co-founders said he would hold too much power as a major shareholder and chief executive if the startup succeeded in its goal to achieve better-than-human AI known as artificial general intelligence , or AGI. Musk has long voiced concerns about how advanced forms of AI could threaten humanity. “The current structure provides you with a path where you end up with unilateral absolute control over the AGI," said a 2017 email to Musk from co-founders Ilya Sutskever and Greg Brockman. “You stated that you don't want to control the final AGI, but during this negotiation, you've shown to us that absolute control is extremely important to you.” In the same email, titled “Honest Thoughts,” Sutskever and Brockman also voiced concerns about Altman's desire to be CEO and whether he was motivated by “political goals.” Altman eventually succeeded in becoming CEO, and has remained so except for a period last year when he was fired and then reinstated days later after the board that ousted him was replaced. OpenAI published the messages Friday in a blog post meant to show its side of the story, particularly Musk's early support for the idea of making OpenAI a for-profit business so it could raise money for the hardware and computer power that AI needs. It was Musk, through his wealth manager Jared Birchall, who first registered “Open Artificial Intelligence Technologies, Inc.,” a public benefit corporation, in September 2017. Then came the “Honest Thoughts” email that Musk described as the “final straw.” “Either go do something on your own or continue with OpenAI as a nonprofit,” Musk wrote back. OpenAI said Musk later proposed merging the startup into Tesla before resigning as the co-chair of OpenAI's board in early 2018. Musk didn't respond to emailed requests for comment sent to his companies Friday. Asked about his frayed relationship with Musk at a New York Times conference last week, Altman said he felt “tremendously sad” but also characterized Musk’s legal fight as one about business competition. “He’s a competitor and we’re doing well,” Altman said. He also said at the conference that he is “not that worried” about the Tesla CEO’s influence with President-elect Donald Trump. OpenAI said Friday that Altman plans to make a $1 million personal donation to Trump’s inauguration fund, joining a number of tech companies and executives who are working to improve their relationships with the incoming administration. —————————— The Associated Press and OpenAI have a licensing and technology agreement allowing OpenAI access to part of the AP’s text archives. This story has been updated to correct the name of the company registered in 2017. It was Open Artificial Intelligence Technologies, Inc., not Open Artificial Technologies Technologies, Inc.